top of page


Teaching: Kurse


Summer term 2024 -- Master in Finance

Management control is an essential function of management to ensure that the organization’s objectives and strategies are carried out effectively. Modern management control systems include but move far beyond the definition and control of accounting targets. Instead, achieving organizational objectives requires a deep understanding of behavioral traits, strategic management, and forward-guided innovation policies. Management control mechanisms are then important to guide the managers in the company, so that they contribute in the best possible way to the total value creation of the company.

In this course, we will first discuss why and how firms grow, in order to understand why management control systems are required. We will also study the fundamental tenants stipulated in ‘textbook management control’, i.e., people controls, action controls and results controls. Departing from this, we will discuss modern techniques and pitfalls that are important for defining responsibilities and goals in work units. Important in this context is the question how to incentivize members of an organization, in particular, what are difficulties and different tools to achieve the overall organizational goals. Additionally, the course also deals with control-related issues, e.g., the dysfunctional effects of control system tightness or deploying insights from management control systems to spread good ethics within an organization. Taken together, the course uses fundamental principles of management control systems as a basis to explore a modern view of how management can strategically steer business performance. To this end, we will explore recent findings from economic research that build the bridge between practical, managerial perspectives and up-to-date academic research.

I am available for advice on academic matters via email (click here). If you are enrolled at GBS and wish to have a personal or virtual meeting, please set up appointments in due time. 


Preferably, I supervise theses on topics related to the innovation economics and corporate finance. As a student of Goethe Business School, please feel free to contact me via email (click here) if you are interested in these topics. To get an impression about potential topics, below you find a non-exhaustive list of titles from theses that I supervised in the past. 

List of past bachelor/master theses (selection):

- Financing innovation: risks as chances

- Legal systems as determinants for the use of intellectual property for collateralization

- Patents and strategy – How patents are strategically used to channel competition in the market place

- The effect of the Share Economy on traditional industries - An empirical analysis on the bicycle industry

- The death of cash? An assessment on the future of cash in a modern economy 

- Capital structures in the high-tech sector during the Great Financial Crisis

- The current patent system: senseful or senseless?

- Patenting in interwar Germany

- Risk capital funding of young and innovative firms

- External funding of SMEs - An analysis on measures to mitigate financing constraints

- What moves the crowd? An empirical analysis of success factors in crowdfunding campaigns



Management Control Systems (master level):

- Since 2021 at Goethe Business School.

- Winner of the best teaching award (2022).

- Guest lectures at Norwegian School of Economics (2022).

@ Goethe University (TA):

- Advanced Microeconomic Theory (PhD level), summer term 2019.

- Industrial Organization and Strategic Competition (bachelor level), 2016-2019.

- Microeconomics I (bachelor level), 2014-2018.

- Economics of Innovation (bachelor level):

- Seminars (bachelor level): "Economics of Digitalization" (2018); "Business Strategy on the Road" (2017); "Finance Meets the Real World" (2015).


- R&D and Intellectual Property (master level); TA at Norwegian School of Economics, 2017-2019

- Introduction to Competition Theory (MBA); Guest lectures at Frankfurt School of Finance & Management (2018).

- Management I (bachelor level); Vietnamese German University (2014)

I'm a paragraph. Click here to add your own text and edit me. It’s easy. Just click “Edit Text” or double click me to add your own content and make changes to the font. I’m a great place for you to tell a story and let your users know a little more about you.

bottom of page