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Industrial Management

 

COMPULSORY MODULE 1: INTERNATIONAL INDUSTRIAL MANAGEMENTSchedule
International Industrial Management 1
(English)
Wirl2h-course.
General Introduction into Industrial Management, Industrial Operations Management such as Location Allocation, Inventory Management, Production Management, Business Cooperation, etc.
Winter 
International Industrial Management 2
(English)
Puetzl2h-course.
Enhancing and deepening the knowledge and methods presented in IIM 1 by detailed examination of special topics.
Winter 
COMPULSORY MODULE 2: ADVANCED INDUSTRIAL MANAGEMENT
Advanced Industrial Management
(English)
Wirl2h-course.
The Module Industrial Management I (IBL 1 & 2) is a prerequisite for attending this course.
The course can, and should be attended parallel to the Seminar Industrial Management II.
The course treats following issues of modern Industrial Management: Internal Incentives (Remuneration), Mergers & Acquisitions, Real Options, Management under Economies of Scale, non-linear Tariffs, Price Differentiation, Strategic Decision Making (both theoretical and Case Studies).
 Summer
Seminar Advanced Industrial Management
(English)
Wirl

2h-course.
Recent academic articles are treated in the seminar.
The Module Industrial Management I (IBL 1 & 2) is a prerequisite for attending this course as well.
The seminar can, and should be attended parallel to the course Industrial Management.
 Summer
ELECTIVE MODULES IN BUSINESS ADMINISTRATION (two of the following modules have to be selected):
Entrepreneurship
(English)
Puetzl4h-course.
Enterprises and Entrepreneurs are the subject of interest in Business Administration. „Is the entrepreneur a hero?“, „ What is the purpose of enterprises?“, „How can firms be created?“ and „Does the economy really need new entrepreneurs?“.
Based on these questions the course will create a more decent picture of the „entrepreneurs“, according to different theories (Knight, Schumpeter, New Austrian School). Then the consequences of these findings for Austrian strategies are evaluated. Subsequently to the theoretical part legal requirements, general financing possibilities, subsidies for new entrepreneurs, political influences and ethical considerations are discussed, both for Austria and the EU. Apart from the foundation of new firms market exit scenarios and regulations are discussed as well (bankruptcy regulations).
 Summer
Corporate Governance I
(English)
Braendle2h-courses
Basic Principles of good Corporate Governance (Executive Boards and Board of Directors, Management Compensation, etc.).
Corporate Social Responsibility in a global context.

For the module Corporate Governance BOTH courses are required, and BOTH courses should be attended in the same semester!

Winter 
Corporate Governance II
(German)
Noll2h-courses
Legal regulations in the context of Corporate Governance are treated in this course. The main focus rests on the Austrian legal system.

For the module Corporate Governance BOTH courses are required, and BOTH courses should be attended in the same semester!

Winter 
Firms and Competition
(English)
Spindler4h-course.
In the first part of this course we discuss market structures (e.g., perfect competition, monopoly, oligopoly). Furthermore, we study game theoretic models to analyze markets. We continue then to focus on electricity markets - a market which gained importance in the last decade. Most theoretic models are partial equilibrium models stemming from the discipline of industrial organization. To enrich the theoretic models we also have room for discussing relevant case-studies. All students should be interested in applied microeconomics. In the second part of the course, the students are then asked to apply this knowledge by presenting and discussing selected papers or case studies. 
Winter 
Operations Research in Energy and Environmental Management
(OR-Methoden im Energie- & Umweltmanagement)
(German)
Novak4h-course. Key Issues: Linear Optimization, Transportation Problems, Dynamic Optimization, Stochastic Optimization and Queuing Theory. Summer
ELECTIVE MODULES IN ECONOMICS AND SOCIOLOGY (one of the following modules has to be selected):
Industrial Organization
(English)
Mueller4h-course
Topics of the course are:
1. Static games with complete information and the Nash equilibrium. (Typical application: Cournot model)

2. Sequential games with complete information and the subgame perfect Nash equilibrium. (Typical application: Stackelberg model)

3. Static games with incomplete information and the Bayesian Nash equilibrium (Typical application: Auctions)
4. Sequential games with incomplete information and the Perfect Bayesian Nash equilibrium. (Typical application: Signalling model).
Winter 
Sociology of Organizations (Organisations- und Betriebssoziologie)
(German)
Cyba/BlaschkeThis module consists of two 2h-courses. The first course (EK Organisations- und Betriebssoziologie) is the prerequisite for the second course (VK Organisations- und Betriebssoziologie). Both courses are offered each term.
Contents are the theory of organizations, its change over time and its relation to the modern world of work.
Winter

Summer

Industrial Relations and Human Resource Management I/II
(Arbeitsbeziehungen und HRM I/II)
(German)
Kittel/KudrnaThis module consists of two 2h-courses. The first course (EK Arbeitsbeziehungen und HRM I) is the prerequisite for the second course (VK Arbeitsbeziehungen und HRM II). Both courses are offered each term.
The courses illustrate the institutions of the labor market, interest regulation systems and the relation between employers and employees.
WinterSummer

The only regulation concerning the sequence of courses is that of Industrial Management I and II being a prerequisite for Advanced Industrial Management.
For all other modules a certain sequence is not set forth.

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Energy and Environmental Management

COMPULSORY MODULE I: INTERNATIONAL ENERGY MANAGEMENTSchedule
International Energy Management
(English)
Wirl2h-course.
The course can and should be attended parallel to the Seminar.
In the course issues of international energy markets are discussed. A general introduction is followed by a discussion of the predominance of oil in today's economies. The main characteristics of energy markets and their dependence on finite resources is discussed, as well as the importance of externalities (mainly on the environment - e.g. SO2, CO2, etc.), and the influence of public authorities or regulation authorities. These aspects are investigated with the help of "Public Choice Theory". Different regulatory approached in the electricity industry and recent global developments will then round off the course.
Winter 
Seminar International Energy Management
(English)
Wirl

2h-course.
Recent academic articles are treated in the seminar.
The seminar can, and should be attended parallel to the course International Energy Management.
Winter 
COMPULSORY MODULE II: INTERNATIONAL ENVIRONMENTAL MANAGEMENTSchedule
International Environmental Management
(English)
Wirl2h-courses.
Coping with environmental problems is increasingly becoming a crucial issue in business administration. The students will get an overview of how environmental management is applied in corporations. Among other topics ISO 14001 and EMAS certification systems will be discussed.
 Summer
Applied International Environmental Management
(English)
Graf2h-courses.
Coping with environmental problems is increasingly becoming a crucial issue in business administration. The students will get an overview of how environmental management is applied in corporations. Among other topics ISO 14001 and EMAS certification systems will be discussed.
 Summer
ELECTIVE MODULES IN BUSINESS ADMINISTRATION I (two of the following modules have to be selected):
Management under legal constraints
(German)
Croner4h-course
General Introduction into the Juridical Methods, Economic Mindsets and Management Theory (including Business Ethics and Corporate Culture)
Central and typical issues in Law & Economics: Political Economics, Criminal Law, Liability Law and Contract Law.
 Summer
Operations Research in Energy and Environmental Management
(OR-Methoden im Energie- & Umweltmanagement)
(German)
Novak4h-course.
Key Issues: Linear Optimization, Transportation Problems, Dynamic Optimization, Stochastic Optimization and Queuing Theory.
 Summer
Risk Management
(Risikomanagement)
(German)
Novak4h-course.
Key Issues: valuation of Risk, Principles of Decision Theory (Bernoulli-Utility Theory), Risk Aversion and Application of Utility Theory (optimal Portfolios, Demand for Insurances, Production Decisions under Uncertainty).
Winter 
ELECTIVE MODULES IN ECONOMICS (one of the following modules has to be selected):
Public Choice
(Finanzwissenschaft)
(German)
Tyran4h-course.
Based on his Book "Public Choice" issues like Voting Theory, Theory of Political Parties, as well as mathematical models for the optimal size of government are discussed.
 Summer
Environmental Economics
(Umweltökonomie)
(German)
Wick2h-course.
Key Issues: General Theory of Sustainability, Welfare Economics and Environment, Environmental Politics (Goals, Instruments, Politics under perfect information, etc.) and international environmental problems.
 Summer
Topics in Public Economics
(English)
Mayr4h-course.
This course focuses on specific topics in public economics that are of high policy relevance in current economies that are affected by changes in the course of globalization and aging societies. In particular, we will cover topics that relate to four different areas of A) Optimal taxation, B) Fiscal competition, C) Social security and D) the Welfare state and demographics. For this purpose, we will go through related influential journal articles and also use standard textbooks such as Myles (1995) or Hindriks and Myles (2006) where appropriate. The course covers key theoretical contributions and summarizes important related results from the empirical literature.
 WinterSummer
Energy and Environmental Law
(Energie- und Umweltrecht)
(German)
various lecturersFollowing courses held at the Faculty of Law (Juridicum) can be accredited up to a maximum of 4h (hours are relevant not ECTS):

  • Energy Law (Energierecht)
  • Environmental Law(Umweltrecht)
  • Facilities Law (Anlagenrecht)
  • Water Law (Wasserrecht)
  • International and European Environmental Law (Internationales und Europäisches Umweltrecht)
  • Product specific Environmental Law (Produktbezogenes Umweltrecht)
  • Environmental Civil Law (Umweltprivatrecht)
  • Environmental Criminal Law (Umweltstrafrecht)
WinterSummer

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Fachbereich für Industrie, Energie und Umwelt
Univ.-Prof.Dr. Franz Wirl
Universität Wien

Oskar-Morgenstern-Platz 1
1090 Wien
T: +43-1-4277-381 02
Universität Wien | Universitätsring 1 | 1010 Wien | T +43-1-4277-0