Information on individual educational components (ECTS-Course descriptions) per semester | |
| Degree programme: | Bachelor International Business Administration Part-time |
| Type of degree: | FH Bachelor´s Degree Programme |
| Part-time | |
| Summer Semester 2025 | |
| Course unit title | Applied Decision Theory |
| Course unit code | 025008040201 |
| Language of instruction | German |
| Type of course unit (compulsory, optional) | Compulsory |
| Semester when the course unit is delivered | Summer Semester 2025 |
| Teaching hours per week | 2 |
| Year of study | 2025 |
| Level of course unit (e.g. first, second or third cycle) | First Cycle (Bachelor) |
| Number of ECTS credits allocated | 3 |
| Name of lecturer(s) | Falko E. P. WILMS |
| Prerequisites and co-requisites |
Accuracy in communication is directly related to accuracy in thinking and therefore to the depth of analysis of problems. Therefore, in addition to basic mathematical knowledge, the rules of grammatical naming of individual time periods must be observed as well as the rules of logical thinking and argumentation. |
| Course content |
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| Learning outcomes |
Problem-solving processes along the distributed value chain require cognitive, methodological and social competences. Therefore, findings from the behavioural sciences, (quantitative) business administration and systems theory are used for problem solving in an entrepreneurial context. Theory inputs provide methodological knowledge that can be tried out and experienced in phases of the business game. The students are enabled to describe the current St. Gallen management model, to embed the problem-solving cycle in the St. Gallen management model, to explain essential consequences of the trilemma on problem-solving and to name important limitations of rationality in problem-solving. They should be able to describe the influence of mental models on problem definition, name the structure of goal hierarchies and transfer the traditional problem-solving cycle to their own tasks. Students are enabled to apply multi-criteria decision rules and to describe multi-personal decision processes. |
| Planned learning activities and teaching methods |
Interactive course with lecture, case studies, exercises in individual and group work |
| Assessment methods and criteria |
Written exam, written paper, individual weighting according to the instructors, announcement at the beginning of the semester |
| Comment |
None
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| Recommended or required reading |
Rüegg-Stürm, Johannes; Grand, Simon (2019): Managing in a Complex World. The St. Gallen Management-Model, Bern: Haupt Rüegg-Stürm, Johannes; Grand, Simon (2019): Das St. Galler Management-Modell. Management in einer komplexen Welt, Bern: Haupt Rüegg-Stürm, Johannes; Grand, Simon (2015): Das St. Galler Management-Modell, 2. Aufl., Bern: Haupt Nagel, Reinhard (2017): Organisationsdesign. Modelle und Methoden für Berater und Entscheider, 2. Aufl., Stuttgart: Schäffer-Poeschel Vahs, Dietmar (2015): Organisation, 9. überarb. und erw. Aufl., Stuttgart: Schäffer-Poeschl Vahs, Dietmar; Schäfer-Kunz, Jan (2015): Einführung in die Betriebswirtschaftslehre. 7. Aufl. Stuttgart: Schäffer-Poeschl Göbel, Elisabeth (2014): Entscheidungen in Unternehmen. Stuttgart: UTB. Albert, Hans (1991): Traktat über kritische Vernunft, 5. verb. u. erw. Aufl., Stuttgart: UTB |
| Mode of delivery (face-to-face, distance learning) |
Classes with compulsory attendance in individual teaching units (seminars) supplemented by asynchronous teaching units for the presentation of elementary basics, which are assumed as given knowledge |
| Summer Semester 2025 | go Top |