This module introduces you to "how to think like an economist" when approaching business and managerial decisions. You are taught how to structure and analyze business problems using economic theory and think about the problems of allocating scarce resources in a reflective way. Particular attention is given to demonstrating how an understanding of economics will enhance your professional capacity.

  • Introduction to Economics
    Prof. Dr. Frank Steffen
  • Statistics
    Dr. Tina Ladwig
  • Decision Theory
    Prof. Dr. Matthew Braham
  • Global Economy
    Dr. Martin Leroch


This module contributes to a general overview and understanding elementary, management-related issues in a globalized environment. It covers the primary value-adding functions of an organization: Research and Development, Supply Chain Management, Operations Management, and Marketing and Sales. You learn how these functions are interrelated and develop an understanding for the challenges they can pose to one another.

  • Supply Chain Management
    Prof. Chris Rutherford, PhD
  • Research and Development
    Prof. Keith Goffin, PhD
  • Operations Management
    Prof. Dr. Michael Rosemann
  • Marketing and Sales
    Prof. Dr. Christian Lüthje


This module teaches you how to derive, interpret and use both accounting and finance related data in situations of corporate decision making. It assumes management's view (management accounting) and also takes into consideration the various information needs of outsiders to the company (financial accounting) in a regulated setting (GAAP). By introducing financial mathematics (e.g. DCF, CAPM) and multi-period spreadsheet modelling, such analyses effectively expand over numerous periods of time and allow evaluating alternative outcomes and their long-run consequences for businesses and investors.

  • Financial Accounting
    Prof. Dr. Gerd W. Schmidt
  • Management Accounting
    Prof. Rui J. Oliveira Vieira, PhD
  • Corporate Finance
    Prof. Dr. Gerd W. Schmidt


In this module, you learn about the mission and realities of general management in a globalized world. Working with case studies and real world examples, the courses in Strategy, Human Resource, and International Management introduce you to a number of technical analysis tools, strategic concepts, organizational structures, and processes. Emphasis is placed on implementing strategy in ambiguous real settings and with appreciation for intercultural contexts. You are challenged to train your analytical skills and ability for critical reasoning in an international business environment.

  • Strategy
    Prof. Dr. Carl Kock
  • Organization and Human Resources
    Prof. Dr. Michael Dickmann
  • International Management
    Prof. William Blake, PhD

More about the Strategy Class at the NIT


This module introduces you to legal frameworks and governance issues in a globalized world. You learn about international law, intellectual property rights, and principles of modern corporate governance. In a more experiential approach, the module also engages you in the study and reflection of philosophy, ethics and responsibility, which are analyzed both from the business and the personal perspective. You develop an understanding for characteristics of ethical dilemmas and the relationship between corporate responsibility and personal responsibility. 

  • Principles of Philosophy and Ethics
    Prof. Dr. Christian Illies
  • Good Scientific Practice and Writing
    Dr. Iris Lorscheid
  • Corporate Governance & Responsibility
    Chris Taylor
  • International Law and Intellectual Property Rights
    Daniel Hoppe



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Director of Academic & Student Affairs
merle.emre@bitte nicht
+49 40 42878 4712