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Newsletter Fall 2009 - Munich Business School

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<strong>Munich</strong> <strong>Business</strong> <strong>School</strong><br />

University of Applied Sciences<br />

NEWS | <strong>Fall</strong> Semester <strong>2009</strong>


News | <strong>Fall</strong> Semester <strong>2009</strong><br />

2<br />

Dear Readers<br />

Graduates of <strong>Munich</strong> <strong>Business</strong> <strong>School</strong><br />

have probably followed the debates of<br />

the past months about the moral principles<br />

of management in the economy with<br />

a certain amount of astonishment. Especially<br />

when the claim was put in to introduce<br />

ethics into the syllabus and to make<br />

the development of a resilient value<br />

structure for future managers part of the<br />

university education.<br />

In moments like these, the MBS graduates<br />

probably recall the social studies and<br />

projects with which they already had to<br />

deal with during their first academic year.<br />

What comes to mind are the long-standing<br />

lecture series such as ‘<strong>Business</strong><br />

Ethics’, ‘<strong>Business</strong> and Society’, or ‘Economic<br />

and Cultural History’, the contents<br />

and questions of which at times surprised<br />

or even provoked them.<br />

More than once have I met graduates<br />

who in retrospect considered these elements<br />

of their studies an important advantage<br />

of their training. And even long<br />

before the public discussion about morals<br />

in business came up as a consequence of<br />

the economic crisis, former students implored<br />

us to never give up these parts of<br />

the course of studies – even if some current<br />

students may be skeptical towards<br />

this offer.<br />

We of course feel vindicated by the current<br />

developments, and that is why we<br />

will consistently continue our concept of<br />

teaching values and supporting the development<br />

of the personality of our students<br />

in the future.<br />

The present edition of our newsletter<br />

contains among other things an overview<br />

of the numerous non-profit projects<br />

in which our students have been involved<br />

in the last few months. In addition<br />

you will learn<br />

❚ how MBS students organized the first<br />

<strong>Munich</strong> Venture Summit<br />

❚ which problems student teams dealt<br />

with for the FC Bayern München soccer<br />

club, BMW, or <strong>Munich</strong>'s bid for the<br />

Olympics<br />

❚ which new professors are going to<br />

help hone the scientific profile of<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong><br />

❚ which new partner universities are<br />

open to our students<br />

❚ how an MBS alumna is recruiting consultants<br />

for McKinsey worldwide<br />

and much more.<br />

Have fun with this new edition.<br />

Prof. Dr. Stefan Baldi<br />

Dean of <strong>Munich</strong> <strong>Business</strong> <strong>School</strong>


From Insider’s Tip to Leading Brand<br />

University ranking of the German business magazines ‘Wirtschaftswoche’<br />

and ‘Handelsblatt Junge Karriere’ attests to the remarkable reputation of<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong> among German personnel managers<br />

The growing degree<br />

of popularity<br />

of MBS has<br />

also impacted<br />

the joint university<br />

ranking of<br />

the German<br />

business magazines‘Wirtschaftswoche’<br />

and ‘Handelsblatt<br />

Junge Karriere’. In this survey of over<br />

500 personnel managers, <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong> was voted among the top 10 of the<br />

best Universities of Applied Sciences in<br />

Germany in the area of business studies.<br />

Regarding the size of MBS, which is betting<br />

on quality instead of quantity, this evaluation<br />

exceeds all expectations.<br />

For first of all, one has to consider that<br />

MBS is significantly smaller than most of<br />

its competitors, which means that each<br />

year significantly fewer graduates leave<br />

the university than at other institutions.<br />

When also considering that <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong> has only had its name since<br />

2003 and thus its graduates have only<br />

been seriously noticeable under this<br />

name for five years, it becomes clear how<br />

good of a reputation <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong> and its graduates have among<br />

personnel managers in Germany.<br />

The appreciation of the personnel managers<br />

is explained when taking into account<br />

what they are especially looking for when<br />

selecting future managers. The majority<br />

of personnel managers list the candidate's<br />

personality (87 percent), their practical<br />

experience (71 percent), and a very<br />

good command of English (57 percent) as<br />

the most important selection criteria. The<br />

setup of the programs of studies at <strong>Munich</strong><br />

<strong>Business</strong> <strong>School</strong>, with their focus on<br />

personality development, practical relevance,<br />

and internationality, thus matches<br />

the requirements of personnel managers<br />

very closely.<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong> Voted the Best<br />

University of Applied Sciences in Germany<br />

In a nationwide analysis on the satisfaction<br />

of students with their university, <strong>Munich</strong><br />

<strong>Business</strong> <strong>School</strong> has again achieved a<br />

top rank. Between November 2008 and<br />

March <strong>2009</strong>, the consulting firm Universum<br />

asked 19,000 students from around<br />

100 universities to evaluate their institution<br />

on a scale from 5 (very satisfied) to 1<br />

(very dissatisfied).<br />

With an average of 4.8 from the grades in<br />

individual categories such as teaching<br />

staff, selection of lectures, service, or career<br />

counseling, MBS was voted the second<br />

best university in all of Germany. We<br />

are only outranked by the Handelshochschule<br />

Leipzig (4.92), which doesn't offer<br />

a Bachelor program, however.<br />

The following places are taken by the<br />

WHU Otto Beisheim <strong>School</strong> of Management,<br />

the Frankfurt <strong>School</strong> of Finance<br />

and Management, and the University of<br />

Applied Sciences Bonn-Rhein-Sieg.<br />

Looking at the private universities in detail,<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong> also reached<br />

second place, ahead of WHU, the Frankfurt<br />

<strong>School</strong> of Finance and Management,<br />

and the University of Witten/Herdecke.<br />

In the ranking of the Universities of Applied<br />

Sciences, MBS holds first place with<br />

a clear margin to the University of Applied<br />

Sciences Bonn-Rhein-Sieg and the<br />

Universities of Reutlingen, Ingolstadt,<br />

Deggendorf, and Mannheim.<br />

3<br />

New Concentrations in the<br />

Master’s Program<br />

Starting with the next semester,<br />

MBS offers two new business<br />

concentrations in its Master’s<br />

program.<br />

International Family Firms<br />

This concentration is training the<br />

next generation of entrepreneurs<br />

for national and international<br />

multi-generational family businesses.<br />

Through this new emphasis,<br />

MBS wants to support all those<br />

who want to assume responsibility<br />

in corporate succession now.<br />

Family businesses often face<br />

complex challenges between the<br />

conflicting priorities of family and<br />

business, technological progress<br />

and international competition.<br />

MBS provides soon-to-be entrepreneurs<br />

with the necessary<br />

tools in order to lead their family<br />

business into a successful future.<br />

Luxury Management<br />

Successful marketing of products<br />

and services in the luxury segment<br />

requires profound understanding<br />

of the specifics of the<br />

corresponding markets and<br />

clients. Historical and sociological<br />

issues give access to the topic of<br />

luxury, as do considerations from<br />

the areas of philosophy, economy,<br />

ecology, and psychology. The<br />

new study focus sensitizes students<br />

to the phenomenon luxury<br />

in all its aspects and provides<br />

them with a well-founded theoretical<br />

background and at the<br />

same time with a very practical<br />

approach for the demanding<br />

tasks in this predominantly international<br />

area.


4<br />

MBS Symposium <strong>2009</strong><br />

Enterprise Champions League –<br />

How German companies<br />

of all sizes compete with<br />

the world's best<br />

After its extremely successful<br />

start in the previous year, the second<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong> Symposium<br />

takes place on October<br />

30, <strong>2009</strong> starting at 9:30 am,<br />

again on the premises of KPMG in<br />

<strong>Munich</strong>.<br />

Students and young professionals<br />

are invited to deal with the challenges<br />

and opportunities of German<br />

businesses small and large<br />

and to analyze the differences<br />

between these types of companies.<br />

In addition to lectures by representatives<br />

of reputable German<br />

companies, various workshops<br />

and a closing panel discussion<br />

are part of the program.<br />

Speakers who have already been<br />

confirmed:<br />

❚ Stefan Krause<br />

CFO of Deutsche Bank AG<br />

❚ Wolfgang Grupp<br />

Managing director of Trigema<br />

GmbH & Co. KG<br />

❚ Peter Ringsleben<br />

Head of corporate communications<br />

at Klöckner & Co AG<br />

❚ Dr. Sebastian Theopold<br />

Founder and partner of the<br />

<strong>Munich</strong> Strategy Group (MSG)<br />

❚ Hans-Joachim Boeckstegers<br />

Managing director of<br />

MULTIVAC Sepp Haggenmüller<br />

GmbH & Co.<br />

❚ Prof. Dr. Frank Seger<br />

Professor at <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong><br />

More information and<br />

registration under<br />

www.mbs-symposium.de<br />

Know-How, Contacts, and Lots of Applause<br />

The members of the student initiative MBS innovate! organized the<br />

remarkable premiere of the <strong>Munich</strong> Venture Summit<br />

Top-class instructors from the world of<br />

start-ups, interesting workshops, exciting<br />

discussions – the members of the student<br />

initiative MBS innovate!, who organized<br />

the first <strong>Munich</strong> Venture Summit with the<br />

title ‘Starting up – now more than ever’<br />

were rewarded with long applause at the<br />

end of the event on March 14.<br />

The panel discussion of the<br />

<strong>Munich</strong> Venture Summit <strong>2009</strong><br />

Successful young founders like Lukasz<br />

Gadowski (Spreadshirt), Oliver Samwer<br />

(alando, jamba), or Ehssan Dariani<br />

(StudiVZ) inspired the guests with their<br />

speeches, but were also available for answering<br />

questions and for discussion<br />

groups. In addition to the founders, investors<br />

– for example von Holtzbrinck-Ventures,<br />

Early Bird, and Target Partners –<br />

and <strong>Business</strong> Angels shared their experiences.<br />

During and after the sessions,<br />

potential founders had many opportunities<br />

to also talk about detailed problems<br />

of start-ups. This included practical startup<br />

know-how as well as the world view,<br />

way of thinking, and the attitudes of<br />

successful founders.<br />

Oliver Samwer (alando, jamba)<br />

Many participants seized the opportunity<br />

to become active themselves in the context<br />

of workshops, for example for finding<br />

and evaluating innovations.<br />

Ehssan Dariani (StudiVZ)<br />

In addition to all the events offered, there<br />

was room for discussions in small groups,<br />

during which not only know-how and<br />

business cards were exchanged, but also<br />

individual projects discussed, business<br />

plans studied, and demo versions presented.<br />

The participants had traveled from all<br />

over Germany; however, there were also<br />

many students and lecturers from <strong>Munich</strong><br />

<strong>Business</strong> <strong>School</strong> among the audience.<br />

The organization team from left to right:<br />

Christoph Auffermann, Ann-Cathrin<br />

von Rechenberg, Christian Klemenz<br />

The organization team of the <strong>Munich</strong> Venture<br />

Summit consisted of Ann-Cathrin von<br />

Rechenberg, Christian Klemenz, and Christoph<br />

Auffermann, who were supported<br />

by other members of the student initiative<br />

MBS innovate!. The positive response<br />

of the participants has most likely<br />

encouraged the organization team to<br />

follow up this successful event with another<br />

start-up event.


CRM Study by MBS Students<br />

Becomes the Topic of Conversation<br />

The German marketing journal ‘Absatzwirtschaft’<br />

considered these survey results<br />

worth one whole page: Eight<br />

students in their 6th semester investigated<br />

the topic ‘Customer Relationship<br />

Management from the view of the customer<br />

in the areas telecommunications and<br />

e-commerce’ led by professor Carsten<br />

Rennhak and in cooperation with the<br />

consulting firm SHS VIVEON.<br />

For this purpose they interviewed over<br />

1,000 telecommunications customers and<br />

users of e-commerce services regarding<br />

their expectations and satisfaction with<br />

the service of their respective providers.<br />

One of the key findings of the study was<br />

the surprisingly great willingness of customers<br />

to have their telephone and online<br />

behavior evaluated by the providers.<br />

You can order selected results of the survey<br />

at:<br />

www.The-Customer-Management-<br />

Company.com/CRM-Studie.html<br />

The student team that developed the<br />

questionnaire and realized the project<br />

was comprised of Freya Portheine, Tim<br />

Wagner, Bernhard Wach, René Zimmermann,<br />

Nicolai Gropper, Maximilian Nekkels,<br />

Alexander Scholl, and Johannes<br />

Sterman.<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong> Appoints New Professors<br />

As of the beginning of the <strong>Fall</strong> semester,<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong> has appointed<br />

two new professors. Both have already<br />

worked as lecturers for MBS and are to<br />

contribute to hone the scientific profile<br />

of <strong>Munich</strong> <strong>Business</strong> <strong>School</strong> as one of the<br />

leading business schools.<br />

Professor Dr. Christian<br />

Schmidkonz<br />

will primarily be involved<br />

with the<br />

Asian-Pacific <strong>Business</strong><br />

Studies program.<br />

He studied in<br />

<strong>Munich</strong>, Taiwan,<br />

and Duisburg (Germany),<br />

where he looked at the development<br />

of the Internet and e-commerce in<br />

China for his doctorate. After working at<br />

the ‘China Desk’ of the ifo Institut für<br />

Wirtschaftsforschung (ifo Institute for Economic<br />

Research) and for the consulting<br />

firm Capgemini, he founded the Think!<br />

Desk China Research & Consulting consultancy<br />

in 2005. Prof. Dr. Christian Schmidkonz<br />

has been gaining experiences in the<br />

realization of projects in China, Taiwan,<br />

and Hong Kong for the past 15 years.<br />

Professor Dr. Marc-<br />

Michael Bergfeld<br />

was born in <strong>Munich</strong><br />

and grew up in<br />

Asia. After receiving<br />

his degree in<br />

business administration<br />

in Eichstätt-Ingolstadt<br />

(Germany), he initially worked in a consulting<br />

company, before changing to the<br />

<strong>Munich</strong>-based family group Giesecke &<br />

Devrient, where he was in charge of projects<br />

in Europe, Latin America, and China.<br />

Professor Bergfeld holds a Ph.D. from<br />

Manchester <strong>Business</strong> <strong>School</strong> with a second<br />

marking at the Center for Global R&D<br />

at Tsinghua University in Beijing. As professor<br />

for International Family Firms,<br />

Marc-Michael Bergfeld will become involved<br />

in research and specifically the<br />

train-ing of executive management for<br />

family businesses.<br />

5<br />

SUMMER SCHOOL<br />

Innovation Management<br />

<strong>2009</strong><br />

Once again the program is outstanding<br />

and the list of lecturers<br />

excellent. In the ‘SUMMER<br />

SCHOOL Innovation Management<br />

<strong>2009</strong>’ from August 17 to 21<br />

at Lake Starnberg, the participants<br />

are introduced step by step<br />

into professional innovation<br />

management.<br />

The event, which is being organized<br />

by <strong>Munich</strong> <strong>Business</strong> <strong>School</strong><br />

in cooperation with the Management<br />

Forum Starnberg, is aimed<br />

at professionals, executive management,<br />

and young executives<br />

from the areas innovation, strategy,<br />

R&D, BDM, marketing, and<br />

product management.<br />

The mixture of theory and practical<br />

application with case studies,<br />

workshops, group exercises,<br />

discussions, and outdoor training<br />

guarantees varied and effective<br />

learning.<br />

The lecturers are innovation managers<br />

and experts from the industry<br />

(Thomas Jungmann, Henkel;<br />

Peter Wienand, O2), consulting<br />

firms (Tom Groth, Toxiq London;<br />

Alexander Grots, gravity), and research<br />

and education (Prof. Dr.<br />

Jörg Saatkamp and Prof. Dr. Frank<br />

Seger, both <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong>).


Blue Oceans for MBS<br />

With which measures can MBS<br />

immerse itself in Blue Oceans?<br />

This was the core question of the<br />

Blue Ocean workshop to which<br />

the Master’s students Sarah Baier,<br />

Jennifer Borelly, and Franziska<br />

Wilmsmeier had invited MBS<br />

stakeholders.<br />

6<br />

Participants of the Blue Ocean workshop<br />

in the O 2 lounge in <strong>Munich</strong>.<br />

The participants were to create<br />

new innovative ideas for MBS<br />

with the aid of the Blue Ocean<br />

strategy, a method for developing<br />

sustainable and profitable<br />

business models from the area of<br />

strategic marketing.<br />

The focus of the workshop was on<br />

the identification of Blue Oceans<br />

in the sense of clear competitive<br />

advantages of <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong>. The principal items of the<br />

workshop were three challenges<br />

in which the participants looked<br />

for new innovative ideas for MBS<br />

by means of a variety of creative<br />

techniques. The participants, all<br />

stakeholders of MBS (lecturers,<br />

students, potential new students,<br />

parents, alumni, and investors),<br />

were divided into four groups. At<br />

the end of each challenge, one<br />

group member changed to a new<br />

group in order to provide new inspiration<br />

there. Each challenge<br />

dealt with a previously specified<br />

question.<br />

The participants experienced a<br />

successful and perfectly organized<br />

event and developed an<br />

abundance of good ideas.<br />

Whether these will actually turn<br />

into ‘Blue Oceans’ for MBS remains<br />

to be seen.<br />

Master’s Students' <strong>Business</strong> Projects Provide<br />

New Innovative Ideas<br />

New Communication Channels<br />

for BMW Motorrad<br />

Once again, students from our MBS<br />

Master’s program were able to win over a<br />

top company for their business project –<br />

BMW Motorrad. The task of the Master’s<br />

students Gerald Göbel, Isabel Kreth,<br />

Britta Mertens, and Tobias Stadler in their<br />

business project with BMW was the development<br />

of new communication and<br />

promotion channels for the product<br />

launch of the BMW<br />

motorcycle F 800 R.<br />

The communication<br />

strategy was to be<br />

consistently geared<br />

The FC Bayern Soccer Club<br />

Can Take Over Europe<br />

This is the conclusion at which the<br />

Master’s students Ina Christoffer, Vincentiu<br />

Ciocan, Andreas Seemeier, Alexander<br />

Wende, and Heike Winkler arrived in<br />

their business project ‘Eastern Europe –<br />

an opportunity for FC<br />

Bayern München AG.’<br />

In contrast to the<br />

Asian market, this<br />

market has so far been<br />

barely accounted for<br />

and offers sufficient growth potential.<br />

Communications Concept for<br />

<strong>Munich</strong>'s Bid for the Olympics<br />

<strong>Munich</strong> wants to bring the Winter Olympics<br />

2018 to Bavaria – but it is a long way<br />

still to go, and a path strewn with obstacles,<br />

before the Games are awarded by the<br />

IOC in July 2011, and there are already<br />

three other competitors in the running.<br />

Sarah Baier, Britta Mertens, Benjamin-<br />

Christian Mazin, and Franziska Wilmsmeier<br />

created a preliminary concept for<br />

towards the target group (male, young,<br />

wealthy, social, active and urban, technology<br />

and Internet-oriented) by focusing on<br />

urbanity, athleticism, coolness, and style.<br />

The special challenge was to appeal to<br />

new target groups without compromising<br />

existing target groups.<br />

The students developed seven communication<br />

ideas. The one thing all of them<br />

have in common is the strong use of the<br />

Internet as communications platform.<br />

The responsible persons at BMW were<br />

excited about the variety, quality, and innovative<br />

strength of the developed ideas,<br />

which will all be discussed and pursued in<br />

the corresponding committees.<br />

Starting from this thesis, the task of the<br />

project team was to analyze the economic<br />

appeal and the country-specific<br />

enthusiasm for soccer for each of the individual<br />

countries of Eastern Europe. As<br />

a result, a country ranking was created on<br />

the basis of various criteria. Against the<br />

backdrop of the targeted expansion of FC<br />

Bayern München's activities abroad, the<br />

results of the project team are of great interest<br />

to the club.<br />

Christian Nerlinger, who also studied at<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong> and is now the<br />

designated successor of Uli Hoeness as<br />

manager of FC Bayern München, took<br />

part in the realization of the project.<br />

the communication of the application<br />

company.<br />

The communications director of the<br />

Deutscher Olympischer Sportbund (German<br />

Olympic Sports Confederation),<br />

Gerd Graus, had given the briefing five<br />

weeks prior to the presentation at MBS<br />

and was very impressed by the result.<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong> will continue to<br />

support the bid for the Olympics.


New Publications by MBS Lecturers and Alumni<br />

Dr. Marc-Michael Bergfeld:<br />

Global Innovation Leadership<br />

The book designs and analyzes the strategic<br />

implementation of project-specific<br />

and internal innovation networks between<br />

the corporate head office and<br />

group companies abroad. From this,<br />

Marc-Michael Bergfeld developed a Global<br />

Innovation Leadership concept, which<br />

is illustrated by means of case studies of<br />

global market leaders in various sectors.<br />

The deliberate and long-term management<br />

of worldwide innovation competence<br />

ought to be the core task of<br />

modern and internationally operating<br />

companies. With this book, a framework<br />

is now on hand that shows companies<br />

and politicians the way to global innovation<br />

leadership.<br />

Anne Wedel and Waldemar Stotz:<br />

Employer Branding<br />

It is the authors' goal to show for teaching<br />

purposes and practical application how<br />

qualified employees are found and<br />

retained in a company with the aid of<br />

strategically oriented employer branding.<br />

For this purpose, they take a comprehensive<br />

look at employer branding and overcome<br />

the reduction to partial areas like<br />

personnel marketing or recruiting. For<br />

with its many different measures, oriented<br />

towards various target groups of<br />

potential, current, and former employees,<br />

employer branding influences all<br />

internal and external reference groups in<br />

a company. The authors develop a concept<br />

for how companies can awaken employer<br />

preferences in the different target<br />

groups and become an employer of<br />

choice. This is further illustrated through<br />

a look into the practical experiences of<br />

attractive employers of different company<br />

sizes and sectors.<br />

Emanuela A. Mititelu & Dr. Adrian Hunger:<br />

The Success of M&A Transactions in the<br />

European Banking Sector<br />

M&As in the European banking sector<br />

control the global M&A market in terms<br />

of their numbers and transaction volumes.<br />

Against this backdrop and in light<br />

of further consolidations to be expected<br />

in the European banking market, the authors<br />

address the question of the success<br />

of M&A in the banking sector. The focus<br />

in this is on the long-term and regional<br />

success of M&A transactions on the<br />

buyer side in Europe, since previous and<br />

current studies have neglected these<br />

aspects.<br />

Michael Holzgethan:<br />

Balancing of Special-Purpose Companies<br />

The Bachelor thesis of the MBS alumnus<br />

was published as a<br />

book. The regulations<br />

regarding<br />

group accountability<br />

are to be<br />

changed in the<br />

context of the reformation<br />

of German<br />

commercial<br />

law through the Bilanzrechtsmodernisierungsgesetz<br />

(German Accounting Law<br />

Modernization Act, ‘BilMoG’). This also<br />

affects the treatment of special-purpose<br />

companies. With the new formulation of<br />

§ 290 para. 1 of the HGB (German commercial<br />

code), the legislative authority<br />

wants to prevent scandals á la Enron with<br />

regard to these balance-sheet-wise<br />

problematic constructs and create clear<br />

structures.<br />

7<br />

New Logo Image for<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong><br />

<strong>Munich</strong><br />

<strong>Business</strong><br />

<strong>School</strong><br />

With the introduction of new lettering<br />

and a logo image, <strong>Munich</strong><br />

<strong>Business</strong> <strong>School</strong> is completing<br />

the makeover of its corporate design.<br />

The new logo image was designed<br />

based on the input of numerous<br />

stakeholders of <strong>Munich</strong><br />

<strong>Business</strong> <strong>School</strong>. The following<br />

three aspects were the primary<br />

focus in this process:<br />

The Crest: The representation of<br />

classic values oriented towards<br />

tradition that are at the heart of<br />

the scientific work with business<br />

topics and the passing on of human<br />

and commercial values to<br />

our students.<br />

The Lion: The inward and outward<br />

reputation of <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong>. A symbol that is connected<br />

both nationally and<br />

internationally with leadership,<br />

strength, and courage. In addition,<br />

it also builds a bridge to Bavaria,<br />

which is very important to<br />

our roots and our regional importance.<br />

Lettering and Presentation: The<br />

modern, somewhat abstract<br />

presentation of the graphic elements<br />

as well as the introduction<br />

of new lettering offset the lion<br />

and the crest and stand for modern<br />

teaching methods, up-todate<br />

management style, and the<br />

newest technologies, projects,<br />

and partners.<br />

“The purpose of the new logo<br />

image is to complement the good<br />

reputation our university is enjoying,<br />

increasingly also internationally,<br />

through a greater optical<br />

recognizability”, says Prof. Dr. Stefan<br />

Baldi, the Dean of <strong>Munich</strong><br />

<strong>Business</strong> <strong>School</strong>.


New Advanced Training in<br />

the Area of Innovation Controlling<br />

and Entrepreneurship<br />

Innovation Controlling and Entrepreneurship<br />

are established topics<br />

in the degree programs of<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong>. Input<br />

and the right tools for the systematic<br />

generation of innovations<br />

are hereby provided by the<br />

innovation lab. A competence<br />

network has developed through<br />

this cooperation that is now<br />

being enhanced through the area<br />

Management Training and Mentorship.<br />

Starting in <strong>Fall</strong> <strong>2009</strong>, topics such<br />

as ‘Taking risks in controlling into<br />

account’ or ‘Key Performance Indicators<br />

(KPI) in innovation management’<br />

are up for discussion<br />

on a one-day ‘Compact Course<br />

Innovation Controlling’. Each<br />

participant receives answers to<br />

the questions: What is an adequate<br />

complexity of innovation<br />

controlling in my company and<br />

what are the most important<br />

KPIs there?<br />

Building on the compact course,<br />

participants have the option to<br />

attend both a five-day ‘R&D Controlling<br />

certification course’ and<br />

the ‘Corporate Venture Lab’.<br />

The target group is both technology-intensive<br />

medium-sized<br />

companies and major companies<br />

in an innovative environment.<br />

You can find detailed schedules,<br />

dates, and information on the<br />

lecturers here:<br />

www.innovations-controlling.de<br />

8<br />

Expanded Network<br />

Fudan University was the first university<br />

in China to add <strong>Business</strong> Administration<br />

to their study program. The <strong>School</strong> of<br />

Economics was founded in 1929. Today,<br />

the <strong>School</strong> of Management at Fudan University<br />

is a top address in China, not least<br />

thanks to its long tradition. With eight departments,<br />

19 institutes, and its own management<br />

consultancy, it is on a level<br />

with other international business schools.<br />

Tongji University is one of the most reputable<br />

universities in China. As a specialized<br />

university it is responsible to the<br />

Ministry of Education and is to be built up<br />

into a world-renowned university. The<br />

courses offered by the <strong>School</strong> of Economics<br />

and Management (SEM) include all<br />

economic and administrative areas. SEM<br />

cooperates closely with the engineering<br />

faculties of Tongji University.<br />

MBS Case Challenge <strong>2009</strong><br />

The MBS students<br />

Olivia Azjen, Sara<br />

Geising, Julia Hofbauer,<br />

Nina Kahn,<br />

and Olga Pashkova<br />

designed the MBS<br />

Case Challenge in<br />

the context of the<br />

business plan lectures.<br />

Now student groups are called to test<br />

their knowledge in the field. The Weihenstephan<br />

dairy is looking for a guerilla<br />

marketing concept that is to position the<br />

brand in its home territory even better.<br />

The best concept will be awarded a prize<br />

and incorporated in the marketing planning<br />

of the dairy in 2010. As is customary<br />

in guerilla marketing, the goal is to<br />

achieve maximum effect with a minimum<br />

of resources.<br />

Plekhanov Russian Academy of Economics<br />

is the largest economic university in<br />

Russia. Many famous scientists, politicians,<br />

and successful entrepreneurs were<br />

trained here.<br />

Master’s and Bachelor students will in the<br />

future also be able to study at ESAN University<br />

in Lima, the leading business<br />

school in Latin and South America. It is<br />

the first educational institution with international<br />

accreditation in Peru. International<br />

rankings additionally confirm its<br />

high academic standards.<br />

From Spring 2010 on, MBS students will<br />

also be able to study at the University of<br />

California in Riverside (UCR). UCR is one<br />

of the best universities in the country. It is<br />

currently is rated nineth in the ranking of<br />

the up-and-coming universities by US<br />

News and World Report.<br />

Wanted: Guerilla marketing concept for the Weihenstephan dairy<br />

Wanted: The best idea. Groups of 3 to 5<br />

people from <strong>Munich</strong> <strong>Business</strong> <strong>School</strong> and<br />

other universities can participate. The application<br />

deadline is September 14, <strong>2009</strong>.<br />

A jury consisting of company representatives,<br />

MBS lecturers, and external marketing<br />

experts decide on participation.<br />

As in real life, the case competition also<br />

starts with a kick-off. In addition to a company<br />

presentation and introduction to<br />

the objective, a creative workshop with<br />

the managing director of the innovation<br />

lab and an introduction into the technique<br />

of Guerilla marketing are part of<br />

the program. The results will be announced<br />

and the best concept awarded a prize<br />

on Case Challenge Day on October 2.<br />

www.mbs-case-challenge.de


Social Projects of MBS Students<br />

The new Bachelor students also got involved with a variety of non-profit projects.<br />

This is an obligation, but also a good tradition at MBS.<br />

Terra uligunosa has, in cooperation with<br />

the German Association for Nature Conservation<br />

(Bund Naturschutz e.V.), expanded<br />

a low and high moor area again.<br />

Water is being extracted from these former<br />

moor areas by planting birch trees,<br />

alder trees, or Norway spruces. In order<br />

to prevent damage to the subsoil, the<br />

students were only able to conduct the<br />

necessary care measures during temperatures<br />

below freezing.<br />

The goal of the Nature Day that took<br />

place for students of the Dr.-Elisabeth-<br />

Bamberger school in Dachau was to familiarize<br />

children with the beauty of<br />

nature. For this purpose, the students<br />

had prepared different game stations in<br />

the Isar meadows.<br />

Unforgettable Days recorded their own<br />

song with children of the SOS Mütterund<br />

Kindertageszentrum (mother and<br />

child day care center) in Neuaubing. For<br />

this, the lyrics of a song were changed<br />

and the song then professionally recorded<br />

in a recording studio. Of course,<br />

every child received a CD with their own<br />

song as a memento.<br />

Theme rooms gave a new face to the kindergarten<br />

‘Regenbogenkinder’ in Lerchenau<br />

through extensive paint and<br />

renovating work. In addition, the students<br />

organized a great carnival party and<br />

presented the kindergarten with games<br />

and reading and learning material.<br />

Teens on Stage organized a hip-hop<br />

dance class with a professional choreographer<br />

for hyperactive children and students<br />

with learning disabilities of the<br />

Sonderpädagogisches Förderzentrum<br />

(special needs educational center) at the<br />

Rupert-Egenberger school in Bad Aibling.<br />

Dancing is said to improve motor skills,<br />

reduce concentration difficulties, and<br />

strengthen the children's self-confidence.<br />

The Verein Fieberbrunn für Asylheim<br />

Bürglkopf (Fieberbrunn society for asylum<br />

camp Bürglkopf) wants to make it<br />

easier for volunteers to support the asylum<br />

camp Fieberbrunn through active<br />

participation in the promotion of integration.<br />

Under the motto ‘Together we<br />

are strong’, the society organized a hiphop<br />

concert to which the residents of<br />

the asylum camp were invited. The earnings<br />

from the concert were used to organize<br />

a trip to an amusement park for<br />

the asylum seekers.<br />

The goal of Speedaidmunich is the<br />

time-limited, fast, total or partial provision<br />

of money for persons who have<br />

acutely fallen on hard times. Via modern<br />

means of communication, potential<br />

donors are called on to donate 50 euros<br />

for specifically defined aid projects. In<br />

this way it has already been possible to<br />

help finance the acutely necessary<br />

treatment for a ten-year-old Iranian girl.<br />

www.speedaidmunich.de<br />

9<br />

Nepomuk organized different theme<br />

days for children of the Bayerische Landesschule<br />

für Körperbehinderte (Bavarian<br />

State <strong>School</strong> for Physically<br />

Handicapped Persons). The culmination<br />

was the organization of a great carnival<br />

party.<br />

Dinner für Kinder (Dinner for Kids) collected<br />

donations for a rescue center for<br />

Maasai girls in Kenya. The funds were<br />

acquired through a private dinner invitation.<br />

The guests paid 25 euros for the<br />

dinner, 100% of which went to the project<br />

‘I See Maasai Development Initiative’.<br />

More information and donation<br />

opportunities under:<br />

www.mbs-dinnerfuerkinder.de<br />

SeKi(Ba) 2 organized different events for<br />

children and senior citizens, including a<br />

visit to an FC Bayern Basketball match<br />

and a joint lunch of residents of a nursing<br />

home and kindergarteners.<br />

The event Marktplatz – Gute Geschäfte<br />

München (Market Place – Good <strong>Business</strong><br />

<strong>Munich</strong>) organized by MBS students<br />

together with the Tatendrang<br />

agency wants to initiate the cooperation<br />

between local businesses and non-profit<br />

institutions. 1,726 hours of time for<br />

volunteer involvement were collected<br />

here.<br />

Die Heimwerker (The Handymen) renovated<br />

two rooms in the Clemens-Maria<br />

children's home in Putzbrunn. They laid<br />

new floors, painted walls, and organized<br />

new furniture. In addition, they arranged<br />

afternoon game times for the<br />

children living there. The activity was<br />

funded through a generous donation by<br />

the Rotary Club.


10<br />

Skateboards for Afghanistan<br />

Social involvement is also very important<br />

at Titus. The foundation<br />

Skate Aid supports national<br />

and international projects which<br />

carry out humanitarian projects<br />

for children and young people via<br />

skateboards. The means to this<br />

end are fund-raising events for<br />

individual projects, the collection<br />

and pass-ing on of skateboards<br />

and accessories free of charge,<br />

the bundling and utilization of<br />

know-how, manpower, and contacts<br />

in the skateboard world, as<br />

well as pub-licity and the providing<br />

of information. Two tons of<br />

skateboards and clothing were<br />

collected recently for setting up a<br />

skateboard school in Kabul.<br />

Ups and Downs of a Company<br />

The successful entrepreneur and skateboard pioneer<br />

Titus Dittmann visits MBS<br />

In April, the entrepreneur and skateboard<br />

pioneer Titus Dittmann visited the MBS<br />

together with his son Julius. In the context<br />

of the lecture series 'Family businesses<br />

and corporate succession' and in<br />

cooperation with the student initiative<br />

U2B e.V., they talked about the varied<br />

history of their company, social involvement,<br />

and questions of succession.<br />

Titus and Julius Dittmann<br />

A teacher becomes a skateboard<br />

entrepreneur<br />

In 1980, the secondary school teacher<br />

Titus Dittmann discovers skateboarding –<br />

until then unknown in Germany – and introduces<br />

it into physical education. For<br />

this purpose, he imports cheap skateboards<br />

from the USA. In 1984, he quits<br />

his teaching job and starts importing<br />

skateboards full-time together with his<br />

wife. By 1988, the company and the Titus<br />

brand have developed magnificently,<br />

there are no competitors to speak of, and<br />

the market share is at times 95%.<br />

But Titus has always wanted to be more<br />

than a mere trading company. It is also<br />

one of Titus' goals to build up and support<br />

the skateboarding scene. Part of the<br />

earnings therefore flows continuously<br />

into skate parks and social and youth<br />

work. This is also obvious on the company's<br />

website, which is at the same time<br />

online catalog and portal for all topics regarding<br />

skateboarding.<br />

It also serves to quiet the bad conscience<br />

plaguing the entrepreneur, who is making<br />

good money with his passion.<br />

Everything gambled away<br />

By 1998 the company has become large<br />

and difficult to manage. Former partners<br />

want to go public with his idea. Titus Dittmann<br />

wants to beat them to it and is already<br />

preparing an IPO. Investors get on<br />

board, an AG is founded, and retail sales<br />

through buy-ups rise from 70 to 90 million<br />

euros in 2000. In 2001 the bubble<br />

bursts and the IPO is canceled. The investors<br />

try to save what can be saved and<br />

Titus Dittmann and his wife lose the<br />

power in the company. Consultants develop<br />

recovery plans, banks send interim<br />

managers, but the crisis persists. The<br />

company that was once so accustomed to<br />

success is losing money.<br />

Anyone else would have given up<br />

At the end of 2006, the Dittmanns decide<br />

to stake all they have in order to get their<br />

company back. They buy back the company,<br />

take over operative management,<br />

and change the AG back into a GmbH. By<br />

now, Titus GmbH is once again making a<br />

profit.<br />

Julius Dittmann is just as passionate a<br />

skateboarder as his father and also an entrepreneur.<br />

He broke off his apprenticeship<br />

in his parents' company during the<br />

crisis and went into business for himself<br />

with a skateboard wholesale company.<br />

This company is now so successful that he<br />

was able to support the buy-back of Titus<br />

with a credit. Now father and son are preparing<br />

the succession of generations at<br />

Titus together.<br />

It was a given that Julius and Titus Dittmann<br />

didn't stand in front of the students<br />

wearing suits. They not only sell skateboards,<br />

fashion, and accessories, but they<br />

also live their style and their passion. The<br />

audience experienced living company history<br />

that can be copied, and after their<br />

lecture, Titus and Julius Dittmann were<br />

inundated with questions. We would like<br />

to give special thanks to U2B e.V. for organizing<br />

this exciting event.


“At McKinsey, I've Come Full Circle”<br />

MBS alumna Friederike Voswinckel recruits consultants in France and<br />

Singapore for global service in reputable strategy consulting<br />

Personnel and<br />

marketing – these<br />

have always been<br />

the two departments<br />

which interested<br />

Friederike<br />

Voswinckel the<br />

most. And these<br />

were also the focal<br />

points she selected for her business administration<br />

studies when she enrolled,<br />

back then still with her maiden name<br />

Friederike Koch, at <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong> after finishing her hotel management<br />

training at Steigenberger in 2000. It<br />

was a very deliberate decision. “I wanted<br />

a compact course of studies and not lose<br />

any time. I wanted to gain experience<br />

abroad and learn foreign languages. And<br />

I also didn't want to lose touch with work<br />

in real life while studying.”<br />

The course of studies fulfilled these expectations.<br />

Friederike successfully completed<br />

internships for Volkswagen in<br />

Mexico and for Escada in New York, and<br />

in addition to her English, she also perfected<br />

her Spanish and French skills. She<br />

chose a personnel topic for her degree<br />

dissertation: At Infineon, she dealt with<br />

the question of how one could motivate<br />

employees for service abroad. Unfortunately,<br />

she could not be taken on, since<br />

Infineon had to implement drastic job reductions<br />

at that time.<br />

With her career entry, Friederike Voswinckel's<br />

focus shifted from one area of<br />

interest to the other. As Channel Representative,<br />

she supervised from the start<br />

international markets for the software<br />

company Sybari. “The international experiences<br />

and knowledge skills I was able to<br />

gain at MBS paid off right at the beginning<br />

of my career,” says Friederike Voswinckel.<br />

When Sybari was taken over by Microsoft,<br />

all employees worldwide were given<br />

notice. Friederike changed to the communication<br />

and consulting firm PACT,<br />

where her areas of responsibility were<br />

marketing and sales topics, for example<br />

with projects for sales increases of mobile<br />

telecommunications products on the<br />

German market. “I did this for two years<br />

and liked it – but at some point I started<br />

to miss the personnel aspect. I wanted to<br />

work directly with people again.”<br />

Then came the job advertisement from<br />

McKinsey. Friederike Voswinckel applied<br />

and mastered the multi-stage selection<br />

process – here, too, her international experience<br />

and command of several foreign<br />

languages were an advantage. Since then<br />

she has been looking for consultants for<br />

global service in strategy consulting – not<br />

only for Germany, though, but for offices<br />

around the world. “Together with Harvard,<br />

INSEAD is the most important international<br />

recruiting source – and I am<br />

looking both in Fontainebleau and on the<br />

INSEAD campus in Singapore for MBA<br />

graduates who are suited for working at<br />

McKinsey.” Exciting work, in the opinion<br />

of the MBS alumna. “Every day I deal with<br />

highly-qualified and motivated people<br />

who exude optimism and want to achieve<br />

something. And since the recruiting process<br />

includes both marketing and personnel<br />

aspects, I can fully enjoy both<br />

passions – in a way, at McKinsey, I've<br />

come full circle.”<br />

11<br />

MBA Program Starts With<br />

Record Enrollment<br />

In March <strong>2009</strong>, the new class<br />

of the part-time MBA program<br />

General Management<br />

started with 24 students. This<br />

significant increase compared<br />

with the previous year's start<br />

shows that the program is<br />

more interesting and valuable<br />

for companies than ever before.<br />

MBS has already reacted<br />

to the increased demand: The<br />

next course of studies starts<br />

already in September.<br />

MBA Team Cooking Event <strong>2009</strong><br />

In order to make the entry into<br />

the MBA program easier<br />

for the students, MBS invited<br />

them to a team cooking at the<br />

Eisenherz culinary school in<br />

Seefeld castle. While preparing<br />

the ingredients and cooking,<br />

the participants soon got<br />

to know each other and the<br />

evening was concluded with<br />

the culinary pleasure of a selfprepared<br />

four-course meal at<br />

festively set tables.<br />

Whether it was due to the<br />

quality of the dinner or the<br />

fun of getting to know their<br />

fellow students, the participants<br />

were delighted and<br />

gave heartfelt thanks to the<br />

organizers for a successful<br />

start to the MBA program.


Dear friends of MBS.<br />

12<br />

It's that time of year again. The<br />

<strong>Fall</strong> semester starts at MBS and<br />

the students return from their semesters<br />

abroad or their internships.<br />

In addition, we get to again<br />

extend a warm welcome to new<br />

students at MBS and hope that<br />

they will quickly settle in and<br />

contribute to the familial atmosphere<br />

at MBS.<br />

On our part, unfortunately, it is<br />

also time to say goodbye. Marc<br />

and René are finishing their MBS<br />

studies with their Bachelor theses<br />

and afterwards will tackle<br />

new challenges. All of us really<br />

enjoyed our time as student representatives.<br />

It is great to see<br />

that through the Student Council,<br />

the student body has great influence<br />

at MBS.<br />

As has already been observable in<br />

the last few years, MBS is building<br />

up its reputation and name<br />

recognition further and further.<br />

Through good results in university<br />

rankings and cooperations like<br />

the festival “ENERGY in the Park<br />

<strong>2009</strong>”, MBS continues on its successful<br />

way. It is important that<br />

the MBS concept continues to be<br />

developed in the future, and we<br />

as student representatives want<br />

to do our part, also in the coming<br />

semesters.<br />

Have fun reading and remember,<br />

we're always here for you.<br />

Your student representatives<br />

Mathias Grätz<br />

Marc Schilling<br />

René Zimmermann<br />

Open Doors Worldwide<br />

<strong>Munich</strong> is calling – but in Miami nobody is<br />

answering. “But I'm already on my way<br />

back from Quito”, reports Johannes Ritz<br />

a short time later via e-mail. We can talk<br />

on the phone in four hours.<br />

Sounds like the daily routine of a consultant,<br />

but it's Master’s studies. To be precise,<br />

studies of the type Johannes Ritz<br />

had always imagined when he decided on<br />

the Master’s program at <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong>. After one year in <strong>Munich</strong>, he<br />

changed for two semesters to the distinguished<br />

Chapman Graduate <strong>School</strong> of<br />

<strong>Business</strong> of the Florida International University.<br />

The particular advantage of his<br />

choice of degree program: When he has<br />

successfully finished his year in the USA,<br />

he will also have an American Master’s<br />

degree in addition to the Master of International<br />

<strong>Business</strong> from <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong>.<br />

The campus of the<br />

Florida International University in Miami<br />

Combining the studies abroad with the<br />

option to also gain a foreign degree is not<br />

very common yet, despite the fact that<br />

such a degree can be of great value –<br />

especially in the USA – since it lowers the<br />

obstacles for entry into the American<br />

labor market. For US-based companies,<br />

hiring foreigners involves relatively great<br />

bureaucratic effort. Companies often balk<br />

at this, since only in the process of working<br />

together does it become clear whether<br />

the employee really has all the<br />

additional skills that justify the great effort<br />

involved in appointing him over a<br />

local applicant.<br />

However, companies can apply for a oneyear<br />

work permit for foreign applicants<br />

with an American university degree, and<br />

this year oftentimes suffices for finding<br />

out whether both sides are a match for<br />

each other.<br />

The Master’s students at <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong> can freely decide whether<br />

they want to complete their stay abroad<br />

with or without an international dual degree.<br />

There was no question about this<br />

for Johannes Ritz. “I thought it was very<br />

effective to gain an American master degree<br />

with only one additional semester.”<br />

Johannes Ritz and Florian Lotte,<br />

both master students at <strong>Munich</strong> <strong>Business</strong> <strong>School</strong><br />

Now he is sharing his apartment in Miami<br />

with his fellow student Florian Lotte, and<br />

both talk enthusiastically about their studies<br />

in Florida: About the high-level program<br />

of studies and the insights into the<br />

American view of the economy and the<br />

world – but most of all about the international<br />

character of the studies. Of 60 students<br />

in their course, only five are from<br />

the USA. “It doesn't matter which project<br />

we're working on or which topic we're<br />

discussing – if you're together with business<br />

students from all over the world,<br />

every hour is exciting”, says Florian Lotte.<br />

And apparently not only during study<br />

times. “We have already gone home with<br />

friends from Latin America a couple of<br />

times when they fly home for the weekend<br />

– it's not so far from Miami, after all.”


Johannes Ritz for example has already<br />

been to Quito a few times. His girlfriend is<br />

living there, and he successfully completed<br />

an internship at the German Embassy<br />

there. If it were up to him, this wasn't his<br />

last contact with the diplomatic service.<br />

“I would like to go to New York to the United<br />

Nations”, says the student, who prior<br />

to his Master’s studies at <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong> received a Bachelor degree<br />

from the University of Applied Sciences in<br />

Fulda.<br />

Florida International University in Miami<br />

Florian Lotte is more interested in Consulting.<br />

“After getting my degree in Miami, I<br />

want to return to Germany for the time<br />

being; however, I want to apply all around<br />

the world.” He believes that his chances<br />

are good – not least because of the international<br />

network he is building up during<br />

his time in Florida. “This is a huge advantage”,<br />

says Florian Lotte. “We will stay in<br />

contact one way or another anyway – but<br />

I am fairly sure that at some point in the<br />

future I will also have professional dealings<br />

with some of the people I get along<br />

with here.”<br />

Starting next semester, master students<br />

will have the opportunity to receive a<br />

dual degree from additional international<br />

universities. Currently, cooperations with<br />

universities in France, Great Britain, and<br />

Australia are being planned.<br />

Outstanding Students – MBS Awards <strong>2009</strong><br />

In April, MBS Awards for excellent involvement<br />

at the university were conferred for the<br />

second time.<br />

Students could be nominated in the following<br />

categories:<br />

❚ Student Association Award: The greatest<br />

involvement within a student initiative<br />

❚ Student Representative Award: Outstanding<br />

involvement for MBS students<br />

❚ MBS Representative Award: Outstanding<br />

involvement for MBS with impact outside<br />

❚ Special Award: Special achievements<br />

With so many involved students and exciting<br />

projects it wasn't an easy task for the award<br />

panel made up of MBS representatives and<br />

students, but in the end the winners were selected.<br />

The MBS Award in the Student Association<br />

category went to Thomas Pflugbeil and Marc<br />

Schilling of Students-Clubbing, and Sara Geising<br />

of U2B.<br />

Christian Klemenz received an award for<br />

founding the new initiative MBS innovate! and<br />

for the successful organization and execution<br />

of the first <strong>Munich</strong> Venture Summit.<br />

René Zimmermann was awarded the MBS<br />

Student Representative Award for his involvement<br />

as student representative.<br />

The MBS Representative Award went to Anna<br />

Julia Hummel.<br />

The Master’s students Sarah Baier, Jennifer<br />

Borelly, and Franziska Wilmsmeier were honored<br />

with a Special Award for organizing the<br />

Blue Ocean workshop.<br />

A Special Award also went to Maximilian<br />

Neckels. He was honored for his part as ‘best<br />

supporting student’. As the heart and soul of<br />

MBS, he is always a part but never up front.<br />

13<br />

Student Life<br />

This semester, MBS students can<br />

expect, among other things:<br />

❚ September 6<br />

Pre-Semester Barbecue<br />

❚ September 10<br />

SC Scavenger Hunt<br />

❚ September 11<br />

Welcome Party Meinburk<br />

❚ September 16<br />

Pre-Wiesn<br />

❚ September 23<br />

SC Wiesn<br />

❚ From October 5 to 11<br />

Kart Challenge<br />

❚ October 14<br />

Culinary Journey /<br />

Cooking Duel<br />

❚ From November 13 to 15<br />

Pre-Wintertrophy<br />

❚ From November 16 to 22<br />

SC Bowling<br />

❚ November 25<br />

Culinary Journey /<br />

Cooking Duel<br />

❚ December 18<br />

Semester Final Party


14<br />

NEW STUEDNT ASSOCIATON:<br />

MBS Strategy<br />

With the start of the <strong>Fall</strong> semester<br />

<strong>2009</strong>, a new student initiative<br />

– the fifth at <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong> – has been founded.<br />

MBS Strategy – this stands for a<br />

public image organized by the<br />

students concerning all issues.<br />

The members of MBS Strategy<br />

represent MBS at trade fairs all<br />

over Germany and actively support<br />

MBS Preview Days and information<br />

events. Other projects<br />

targeted for the coming semester<br />

are an MBS image movie, setting<br />

up a blog project for semesters<br />

abroad, and a tutoring program<br />

for freshmen.<br />

It is imperative that our initiative<br />

is always able to function efficiently.<br />

For this reason we are unfortunately<br />

not able to include all<br />

interested students. A special application<br />

process was set up for<br />

this purpose.<br />

You can find the details at<br />

www.mbs-strategy.de/<br />

bewerbung<br />

You can also always find the latest<br />

information concerning MBS<br />

Strategy and MBS on our homepage.<br />

We are looking forward to working<br />

with you!<br />

Your MBS Strategy team<br />

MBS innovate!<br />

– The Entrepreneurial Initiative<br />

MBS innovate!, the student initiative regarding<br />

entrepreneurship, was founded<br />

at the beginning of the <strong>Fall</strong> semester<br />

2008 at the suggestion of Christian Klemenz<br />

together with Ann-Cathrin von Rechenberg,<br />

Christoph Auffermann, René<br />

Zimmermann, Martin Striegl, Peter Hall,<br />

and Benjamin Hubner. We want to specifically<br />

foster student start-ups with this initiative,<br />

with the following two primary<br />

goals: First, to offer the members interested<br />

in start-ups support for their first<br />

step into self-employment, and second,<br />

to encourage the student body to become<br />

active as entrepreneurs.<br />

MBS Invest<br />

The goal of MBS Invest e. V. is to give interested<br />

students the possibility to gain a<br />

broader insight in addition to the finance<br />

and stock-market lectures at university.<br />

We see ourselves as a contact point between<br />

the theoretic lectures at university<br />

and the real activity going on in the financial<br />

markets. The current executive board<br />

consists of Daniel Krome, Saskia Jarik, and<br />

Marc Fischer.<br />

We were able to once again win over<br />

MBS alumnus Matthias Lamberti as lecturer<br />

for a 20-unit lecture. Starting with<br />

the <strong>Fall</strong> semester <strong>2009</strong>, this optional lecture<br />

will be accredited on the part of<br />

MBS. This means that in addition to their<br />

certificate of attendance, participants<br />

also receive two ECTS credits. Matthias<br />

Lamberti is an Investment Strategy Advisor<br />

for Reuschel & Co. and was thus able<br />

to bring well-grounded knowledge into<br />

this year’s lecture.<br />

We already finished our first larger project<br />

successfully: The <strong>Munich</strong> Venture<br />

Summit (see page 4). The conference offered<br />

students interested in starting their<br />

own businesses and start-ups, as well as<br />

investors, a platform for interaction and<br />

a basis for networking. Especially for students,<br />

both after and already during the<br />

course of studies, starting a company is<br />

one option of planning their career that<br />

has received little attention. That is why it<br />

is our goal to show students unimagined<br />

room for the development of entrepreneurship,<br />

so that in the future the question<br />

will not be “Where do you want to<br />

work after grad-uation?” but rather<br />

“What do you want to start up after graduation?”.<br />

Your MBS innovate! team<br />

Due to his very appealing lectures and<br />

practical experience, the association enjoyed<br />

high popularity among students, so<br />

that we currently have 30 active members.<br />

As part of the lecture, the MBS Invest<br />

team, together with Mr. Lamberti,<br />

organized an interesting guest lecture by<br />

David Bussmann (UBS Zürich) on the<br />

topic “A new phase for hedge funds –<br />

bringing practical insight to alternative investments.”<br />

This semester, we have planned<br />

a forum dealing with investments<br />

that conform to Islam and related topics<br />

such as Behavioral Finance.<br />

Goals for the subsequent semesters include<br />

achieving non-profit status, expanding<br />

our areas of activity, and organizing<br />

additional guest lectures.<br />

Your MBS Invest team


Students-Clubbing e.V.<br />

Once again, Students-Clubbing e.V. is excited<br />

about a successful year. Due to the<br />

growing involvement of more and more<br />

students, Students-Clubbing e.V. was able<br />

to distinguish itself as an important part<br />

of <strong>Munich</strong> <strong>Business</strong> <strong>School</strong>.<br />

We proudly look back on our successful<br />

Winter Trophy at Katschberg with 40 participants.<br />

We are also excited about the<br />

large amount of positive feedback from<br />

gastronomers who experienced the MBS<br />

students as excellent guests.<br />

These successes prompt us to continue to<br />

move forward with Students-Clubbing<br />

e.V. For example, our initiative is to increasingly<br />

fulfill the task of being of benefit<br />

to the public.<br />

University to <strong>Business</strong> e.V.<br />

What is special about U2B e.V. is that we<br />

act as students for students. Our greatest<br />

potential are our members, who organize<br />

events for other students with motivation,<br />

personal involvement, management<br />

qualities, and also a fair dose of passion.<br />

From the development of concepts to active<br />

networking, the association is actively<br />

bringing the business world onto the<br />

MBS premises.<br />

Spring Semester <strong>2009</strong> Review<br />

We are happy to report that we were<br />

able to have Titus and Julius Dittmann<br />

hold a very successful lecture in the context<br />

of the lecture series 'Family businesses<br />

and corporate succession' (more info<br />

on the lecture on page 10) that impressed<br />

both lecturers and students at MBS.<br />

<strong>Fall</strong> Semester <strong>2009</strong> Outlook<br />

The association will be more involved<br />

with its original mission of student consulting<br />

in the coming <strong>Fall</strong> semester.<br />

Of course, we will continue to try and organize<br />

great events. At this point, we<br />

would like to recommend two events to<br />

you.<br />

The Isar BBQ shines in new splendor and<br />

takes place prior to the start of the semester<br />

on Sunday, September 6, <strong>2009</strong>.<br />

The Pre-Winter Trophy from November<br />

13 to 15, <strong>2009</strong> promises to be a first-class<br />

event again. This year, it takes place on<br />

the Zugspitze, where we will spend an<br />

unforgettable weekend.<br />

We are looking forward to many events<br />

with you!<br />

Your SC team<br />

The MBS Case Challenge (see page 8) is<br />

the new U2B event and offers students<br />

the possibility to work on a case study<br />

provided by reputable companies in a<br />

competition with other students. The<br />

project will take place in October with the<br />

friendly assistance of the five founders of<br />

the event (Olivia A., Sara G., Julia H., Nina<br />

K., and Olga P.).<br />

A Plea<br />

U2B e.V. is looking for new members. You<br />

want to get involved in everyday university<br />

life? You are innovative, talented, and<br />

up for organizing interesting projects?<br />

You are looking for a challenge? All doors<br />

are still open to you, we need you on our<br />

team!<br />

With this in mind, I am hoping for the<br />

continued existence of our association<br />

and thank you for three great and eventful<br />

U2B years.<br />

Sara Geising<br />

U2B e.V. Board<br />

15<br />

Pre-Winter Trophy <strong>2009</strong><br />

This year will be particularly special:<br />

The Pre-Winter Trophy is<br />

moving.<br />

After the inclement weather in<br />

Sölden last year, we will leave behind<br />

familiar territory this time<br />

and move to the Zugspitze. As in<br />

the previous years, the Pre-Winter<br />

Trophy is a foretaste of the<br />

Winter Trophy. The goal is to get<br />

in the mood for the Winter Trophy,<br />

go skiing for a bit, and get to<br />

know the mountain scenery, in<br />

case that hasn't already happened.<br />

Once again we have taxed our<br />

brains and come up with some<br />

spectacular innovations.<br />

We are already now looking forward<br />

to a sensational weekend.<br />

Your SC team


16<br />

Meet us in Person ...<br />

… at Trade Fairs All Over Germany<br />

We are happy to assist you and are also available for a personal counseling interview at<br />

our stand. Just give us a call.<br />

❚ September 30, <strong>2009</strong>: University Information Day Augsburg<br />

❚ October 15, <strong>2009</strong>: College Days <strong>Munich</strong><br />

❚ November 20+21, <strong>2009</strong>: EINSTIEG <strong>Munich</strong><br />

❚ November 25+26, <strong>2009</strong>: Absolventenkongress Cologne<br />

For All Prospective Bachelor Students<br />

Visit us during our Open House at <strong>Munich</strong> <strong>Business</strong> <strong>School</strong><br />

The Open House on October 17, <strong>2009</strong><br />

(10am to noon) at MBS is a good opportunity<br />

to personally look into our Bachelor<br />

program and get a first impression of<br />

us, our students and lecturers, and the<br />

MBS premises.<br />

The program starts with a short presentation<br />

about MBS followed by several<br />

Give Us a Try!<br />

short ‘stations’ where you can get an impression<br />

of our teaching methods, contents,<br />

and the special focus on internationality.<br />

In addition, you will meet<br />

current students and get all the information<br />

regarding the application process at<br />

MBS.<br />

And get a first impression of our students, lecturers, and of course MBS itself<br />

A personal impression of students, lecturers,<br />

and our university itself can almost<br />

not be substituted with any other information<br />

channel. That is why we want to<br />

offer you the opportunity to get exactly<br />

that personal impression. Based on the<br />

great success of our ‘test days’ in each of<br />

the programs, we now have new offers<br />

for all those interested:<br />

❚ Preview Days for those interested in<br />

the Bachelor program: November 28,<br />

<strong>2009</strong> and January 23, 2010<br />

❚ Preview Days for those interested in<br />

the master program: December 5<br />

❚ MBA Warm-Ups for all those interested<br />

in our MBA programs: September<br />

19, November 7, December 5,<br />

and January 9, 2010<br />

On these days, you visit two lectures each<br />

from the current curriculum – that way,<br />

you can get to know our teaching<br />

methods, our university, and the MBS<br />

study atmosphere in advance.<br />

Generally, the joint lunch takes place together<br />

with current students who talk<br />

about their experiences so far and the<br />

reasons why they decided to study at <strong>Munich</strong><br />

<strong>Business</strong> <strong>School</strong>.<br />

The day closes with a short information<br />

session on the respective program, where<br />

you can also pose your individual questions.<br />

Application Deadlines<br />

for 2010<br />

❚ MBA General Management<br />

Starting March 2010<br />

1 st round: September 1, <strong>2009</strong><br />

2 nd round: November 1, <strong>2009</strong><br />

3 rd round: January 1, 2010<br />

❚ MBA Health Care<br />

Management<br />

Starting September 2010<br />

1 st round: March 15, 2010<br />

2 nd round: April 15, 2010<br />

3 rd round: May 15, 2010<br />

4 th round: June 15, 2010<br />

❚ Master Programs<br />

Starting September 2010<br />

1 st round: March 15, 2010<br />

2 nd round: April 15, 2010<br />

3 rd round: May 15, 2010<br />

4 th round: June 15, 2010<br />

❚ Bachelor Programs<br />

Starting September 2010<br />

1 st round: January 25, 2010<br />

Admission Test on<br />

February 5/6, 2010<br />

2 nd round: April 01, 2010<br />

Admission Test on<br />

April 16/17, 2010<br />

3 rd round: June 10, 2010<br />

Admission Test on<br />

June 25/26, 2010<br />

Contact<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong><br />

Elsenheimerstraße 61<br />

D-80687 München<br />

Phone +49 (0)89 547678-0<br />

Fax +49 (0)89 547678-29<br />

info@munich-business-school.de<br />

www.munich-business-school.de<br />

Imprint<br />

Publisher<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong><br />

Editorial & Design<br />

Stephanie Raiser, Anja Runau, Martin<br />

Fiedler

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