For the final lecture of this year's course "Strategic Management Accounting", Dr. Christian Pfennig of Deloitte visited our Chair. In his guest lecture on "Controlling 2025", Dr. Pfennig was able to provide the students with insights into which innovative technologies are already used in practice today and he also showed which digital transformations can be expected in the future.
Beginning of January, our Chair and the Berens Research Team sent a team of highly motivated students to the John Molson International MBA Case Competition in Montréal, Canada. The University of Muenster was represented by Theresa Humpe, Carolin Krohn, Bastian Kerber, Florian Bunn and Robin Büchter and was supported and coached by Simon Jeurissen and Florian Droese. After a few days of getting to know the province of Quebéc, our team headed to Montréal where the competition took place.
Last Friday, the participants of the master seminar "Predictive Analytics" and our Chair visited the AXA Germany headquarters in Cologne to wrap up the master seminar of the current semester. Throughout their research projects, the participants already had the chance to exchange ideas with various AXA employees from the Management Accounting and the Predictive Analytics departments and were thus able to draw conclusions relevant for research and practice.
Last Thursday, the Chair of Management Accounting & Control was pleased to welcome Stefan Schnell, Head of Group Reporting and Performance Management at BASF, for his guest lecture on the current trends, obstacles and solutions in the domain of management accounting. Stefan Schnell did not only outline the current challenges within the finance department but explained in detail how BASF was, is and will be coping with the ongoing digitization of the management accounting domain.
On Jan 28, 2020 from 8:15 to 11:45 (room J498), the Chair of Management Accounting & Control offers a course on how to write an academic paper. This course is targeted at Bachelor students in preparation of their upcoming Bachelor thesis. The course covers all relevant topics ranging from literature selection, structure of the paper and necessary steps in writing a paper to citation methods. This will be taught using various examples and use cases in order to give the students a head-start into their Bachelor thesis.
To conclude this year's Performance Management & Strategy Execution lecture, Dr. Dieter Kahling, Corporate VP Group Financial Controlling at Henkel, held a guest lecture on the change in corporate culture under the former CEO Kasper Rorsted and Henkel's subsequent improvement in operational and financial performance. With various examples Dr. Kahling demonstrated how a rigorous execution of the new strategy enabled Henkel to evolve from the "happy underperformer" to market leader positions and further pointed out current challenges in Henkel's strategy.
Last Tuesday, Prof. Dr. Dieter Truxius, former dean of the University of Mannheim Business School, visited our chair for a guest lecture. In his talk concerning "Business Performance Measurement and Management: Best Practice Today and in the Near Future" Prof. Truxius presented theoretical concepts coupled with valuable practical experience from his years working in different firms. Using numerous examples, he guided the students through important KPI systems and presented new concepts, for example, for the integration of human and natural capital into management control systems.
Dear students,
There is information on the upcoming seminar for Master students in Summer Term 2020 available.
You can find further details here and on our course page ACM 05/06 Seminar Management Accounting & Control.
Please be aware of the application deadline (13.01.2020, 12 pm (noon)).
A collective gasp went through the crowd of participants last Wednesday when Prof. Artz answered his rhetorical question, how the discussed case study actually unravelled, by stating: "Well, let's just ask Rebecca."