The degree programmes of the UW/H Faculty of Management and Economics again achieved top results in the categories supervision and practical relevance according to the CHE university ranking 2017.
Researchers Ann Sophie Löhde and Prof. Dr. Andrea Calabrò from the Witten Institute for Family Business (WIFU) received the Best Conference Paper Award from the International Family Enterprise Research Academy (IFERA) at this year’s conference. The academy organises one of the most important conferences for family business research and endows the Best Paper Award with 1,000 euros. The Witten researchers were honoured for their paper entitled: “Stronger Together? Family Firms’ Entry Mode Choices in Challenging International Markets”.
The Witten Institute for Family Business (WIFU) academic received the Doctoral Award 2017 from Wittener Universitätsgesellschaft (WUG), endowed with 1,500 euros. Dr. Jakob Ammer was honoured for his doctoral thesis on strategies and measures to prevent conflicts within family organisations, completed in November 2016 at WIFU.
Students of economics at Witten/Herdecke University (UW/H) again give outstanding marks to their university in 2016. This is the result of the trendence Institute’s annual Graduate Barometer. The institute started rankings in 1999 and covers the disciplines of economics, engineering, IT and law. The survey among 113 institutions of higher education puts UW/H in first place with respect to student activities and in second place regarding teacher evaluation.
UW/H doctoral candidate Halima Jarrodi received the HEC Bruno Roux de Bezieux Award for her doctoral thesis with the title “When entrepreneurs want to change the world: how does political ideology influence entrepreneurial trajectories? The case of POC21”.
Apart from publication of the essay in the Journal Revue de l’Entrepreneuriat (Q1/2017), the award is endowed with prize money to the amount of 3,000 euros.
Prof. Dr. Andrea Calabrò from the Witten Institute for Family Business (WIFU) received the Best Paper Award from the Global Innovation and Knowledge Academy (GIKA). The title of the article co-authored by Prof. Calabrò and international colleagues Sascha Kraus, Helge Mensching, Matthias Filser (University of Liechtenstein) and Cheng-Feng Cheng (Asia University): “Family firm internationalization: A configuration approach”. The prize was awarded at the 6th GIKA Conference in Valencia (Spain). A special issue of the Journal of Business Research publishes the best conference papers every year.
Prof. Dr. Erik Strauß, holder of the Dr. Werner Jackstädt Endowed Chair of Accounting and Control, was honoured for the quality of his article, entitled “An institutional perspective on the changes in management accountants’ professional role”. The article was published in Management Accounting Research (VHB: A-Journal) and was one of the journal’s most cited article during the last three years (2014 to 2016).
Press Release dated 4 May 2016
Asian Development Bank honours Witten project to save drinking water in India
Only water research project to be presented at annual meeting
Germany hosted the annual meeting of the Asian Development Bank for the first time in 2016. High-ranking representatives from politics, business and finance, research community and civil society met in Frankfurt a.M. from 2 to 5 May 2016. Experts discussed current issues of financial assistance with a focus on cooperation for sustained development.
The Witten project to save drinking water in South India, WaLUE (www.walue-india.de), was selected as best practice case and the only project of water research. The successful example of applied research and development collaboration was presented on 3 May 2016.
Prof. Dr. Karl-Ulrich Rudolph at the UW/H Institute of Environmental Engineering and Management is in charge of the project. The Federal Ministry of Education and Research provides funding for efforts to improve sustainable water management in collaboration with the KfW Bank. WaLUE aims to reduce the substantial water losses due to leaks and theft. A concept which corresponds to local conditions and constitutes a bankable and sustainable business and operations model forms the basis to organise a resource-saving use of water on site.
The project was presented and discussed as part of the IGAWE session on “Solutions for urban water efficiency” together with business partners. IGAWE is the Indo German Alliance for Water Efficiency – a group of WaLUE partners and other leading German companies. This combination of research and application in practice over the project duration of WaLUE is one of the main reasons for the successful implementation and international recognition of the WaLUE project.
Economics students at Witten/Herdecke University again awarded excellent marks to their university in the core categories supervision, practice orientation and student activities, and very good marks for cooperation with the business sector and services such as library, guidance and career service. These are the results of the 2015 trendence survey. The trendence Institute started such surveys for the fields of Business, Engineering, IT and Law in 1999.
Prof. Dr. Alfred Endres, permanent visiting professor at the Faculty of Management and Economics at Witten/Herdecke University, was honoured by the European Association of Environmental and Resource Economists (EAERE) for his pioneering work in the field of environmental economics. EAERE published a special issue of its Environmental and Resource Economics journal “in honour of Alfred Endres” (Environmental and Resource Economics, Vol. 62, No. 4, 2015).
Milan Quentel, who studies Politics, Philosophy, and Economics at Witten/Herdecke University, was honoured with the Mark Blaug Essay Prize 2015. This prize is awarded by the Foundation for European Economic Development (FEED) on an annual basis for essays which critically assess the latest state of economics.
Witten/Herdecke University again received best marks for study conditions at the Faculty of Management and Economics according to the latest CHE university ranking 2014/2015. UW/H achieves top results in key fields: general study conditions, range of courses, academic feasibility, supervision, contact to fellow students, evaluation, practical relevance, rooms, academic approach, international orientation and research funds.
The consulting firms “trendence” and “Universum” assess the attractiveness of German universities once per year via surveys among economics students where Witten/Herdecke University traditionally achieves high rankings. This year, UW/H succeeded in topping previous results in almost all categories. The trendence survey gave UW/H top marks in the categories teachers/instructors (no. 1 among all German universities), practice orientation (no. 1), scope and quality of student activities (no. 1), as well as career perspectives and cooperation with the business community (no. 2 each).
Dr. Catherine Herfeld, who obtained her doctorate at UW/H, received the Joseph Dorfman Best Dissertation Prize from the History of Economics Society. She completed her thesis with the title “The Many Faces of Rational Choice Theory” under the supervision of Prof. Chrysostomos Mantzavinos in April 2013.
The European University Meets Microfinance (UMM) programme awarded UW/H alumnus Eike Haas its first prize for the best master thesis in 2014. An international panel of academics and experts from practice evaluated the master thesis of students at universities across the European Union, who explored the topic 'Financial Inclusion'. The programme is funded, among others, by the European Commission, European Investment Bank, Federal Ministry for Economic Cooperation and Development (BMZ) and "Deutsche Gesellschaft für Internationale Zusammenarbeit" (GIZ – German association for international cooperation).
The international journal Family Business Review honours outstanding dedication to the revision of submitted papers with the annual Excellent Reviewer Award. One of this year’s prizes went to Prof. Andrea Calabrò from Witten/Herdecke University.
In the survey among 110 institutions of higher education, students awarded top marks to the Faculty of Management and Economics at Witten/Herdecke University in the categories career perspectives, supervision, teacher evaluation, cooperation with the business community, practice orientation as well as scope and quality of student activities.
Students gave outstanding marks to the economics faculty of Witten/Herdecke University in the Universum student survey 2013. The reasons for being highly satisfied: number of professors per student, inspiring teachers, interesting seminars and lectures, practice orientation and high reputation with employers.
The first winners to receive the Serafin Entrepreneurship Research Award are two economics students of Witten/Herdecke University. The Munich-based Serafin Group honours one Bachelor and one Master thesis endowed with 2,500 euros each and aims at actively supporting small- and medium-sized German enterprises right from the start.
Prof. Dr. Rainer Strack, Senior Partner and Managing Director of the Boston Consulting Group’s Düsseldorf office and honorary professor at Witten/Herdecke University, entered the top 40 German human resources officers list published by the journal “Personalmagazin”. Prof. Strack now belongs to the who’s who in German human resources for the fourth time after 2007, 2009, and 2011.
The major Universum student survey showed that economics students are highly satisfied with UW/H: 73 % of the students are highly satisfied with their university (further 16 % are satisfied) compared to an average of 26 % being highly satisfied at other German institutions of higher education (and 51 % being satisfied). This higher degree of satisfaction is also reflected by the corresponding values in the key categories of the survey:
94 % of UW/H students assessed their teachers to be “excellent” or “good”; 89 % awarded these marks to the category range of courses, 77 % to UW/H reputation, 91 % to cooperation with the business community, 89 % to teaching quality, 100 % to student-teacher ratio, 92 % to cost of living and 95 % to practice orientation.
The UW/H economics faculty achieved excellent results in the trendence survey 2012 in the following categories: career service, supervision, cooperation with the business community, practice orientation, guidance, teacher/lecturer as well as scope and quality of student activities. Economics students rated the internationality of their studies as being good and were satisfied with the introduction of Bachelor and Master degree programmes. The participants recommended improvement regarding the library, IT, Registrar’s office and examination offices.
According to the international GUESSS report, Witten/Herdecke University, together with Zeppelin University (Friedrichshafen), are the two German universities conveying the highest entrepreneurial spirit. The students’ entrepreneurial spirit is particularly contagious, and they positively assess the entrepreneurial climate there.
Eric Ufiteyezu, who studies Business Economics at Witten/Herdecke University, had the opportunity to do one of 19 international internships funded by the “Join the best” scholarship programme. This way, he was able to join Allianz in Jakarta (Malaysia) for several months.
Students again give best marks to study conditions at the UW/H Faculty of Management and Economics according to the latest CHE university ranking (ZEIT Studienführer 2011/2012). Economics students are highly satisfied with the general study conditions and academic feasibility. The ranking determines good academic feasibility, for example, by the fact whether the content of seminars and lectures is congruent with the content in the examinations later on.
According to the Universum student survey 2011, UW/H is again one of the universities with the most satisfied economics students in Germany, among private universities and in general. Students awarded general university satisfaction an average of 4.8 out of 5 possible points. Regarding individual aspects, students gave top marks to the following categories: university contacts to business community (4.7 out of 5), student-teacher ratio (4.9 out of 5) and practice orientation (4.7 out of 5). From the students’ perspective, UW/H offers optimum study conditions and is among the top universities in almost all fields.
In the 13th survey of the trendence Graduate Barometer 2011, the assessment by UW/H economics students is again very favourable: They gave top marks in eight out of eleven categories and good marks in one category. In their opinion, just the library and IT need to be improved. In detail, UW/H economics students awarded best marks to the following categories: supervision by teachers, career service, cooperation with the business community, practical orientation, teacher evaluation, university services and student activities.
The “Besser Betreut” website of UW/H graduate Manuel Nothelfer was honoured as one of the most successful technology enterprises and was awarded the Red Herring Europe Award 2011 during the Red Herring Top 100 Europe award ceremony in Amsterdam. The platform for placing and advising on family care services convinced through innovation and fast corporate growth. The Red Herring editors also discovered Google, eBay and Yahoo in their early days.
Daniel Pütz and Stefan Peukert, economics students at Witten/Herdecke University, won the IT innovation award of “Initiative Mittelstand”. They received the prize at the CEBIT computer fair in Hannover for their rating platform “meinpraktikum.de”.
According to the results of an independent survey of the international consulting company Universum Communications throughout Germany, students of the Faculty of Management and Economics at Witten/Herdecke University are even more satisfied with the quality of their degree programmes than in the previous year. Only students of the Leipzig Graduate School of Management are more content with their institution.
Universum surveyed 20,410 students at 106 institutions of higher education in Germany. The current UW/H economics students awarded 4.76 points on a scale from 1 to 5 to being satisfied with the general study conditions. They gave top marks to the degree programme quality, contact to the business community, wide range of courses and professors.
Witten/Herdecke University is one of the best universities in the German-speaking area with regard to its management and economics programmes. Students awarded top marks to almost all categories and thus consolidated the top rankings of the Faculty of Management and Economics in recent years.
The oikos Winter School, a project for more economic sustainability organised by Witten students, was honoured as official project of the UN Decade of Education for Sustainable Development in 2009. A UW/H student team arranged the annual event of the international oikos student organisation for the third time in a row.
Economics student Mirjam Ruebbelke received the VDI Award 2009 for her Bachelor thesis entitled: “Trade as a catalyst for sustainable consumption? The integration of environmental and social aspects into the strategic orientation of food retailing”.
At Witten/Herdecke University, first-year students turn into entrepreneurs. In order to add entrepreneurial practice to theory, economics students learn right from the start to think and act in entrepreneurial terms. The project is unique in Germany and was acclaimed as “Place of Ideas 2009”. UW/H has thus been honoured three times since the start of this initiative in 2006.
With respect to its Faculty of Management and Economics, Witten/Herdecke University is among the top 10 of the best higher education institutions. Economics students gave top marks to Germany’s oldest private university in the categories research funds, study conditions and supervision. Students of the Faculty of Health rated the general study conditions as well as supervision and the clinics’ bed equipment as being excellent.
The jury of the Federal Ministry for Economic Affairs and Energy bestowed Benjamin Witte and Jonathan Rahn with a special student award for playing a substantial role in the development and implementation of the “GründerWerkstatt” project at Witten/Herdecke University. This project conveys practical skills for successful entrepreneurship in addition to theoretical knowledge.
After Witten/Herdecke University won the award as an institution itself in 2006, a UW/H student project was one of the award winners of the “Germany – Land of Ideas” initiative in 2008. The project named “Stiftung WELT:KLASSE”, substantially initiated by Witten economics student Matti Spiecker, enables German pupils to experience foreign cultures during study visits in emerging and developing countries. Young people being in 11th grade spend a month in countries such as Thailand or China and work together with locals of the same age in social projects like reforestation. The German globetrotters keep contact to their home schools and give video reports about their projects at regular intervals. Stiftung WELT:KLASSE aims at sensitising pupils to global interrelations and regional differences in a world of growing economic convergence.
The innovative business idea of Witten economics students Philipp John, Matthias Naumann and Philipp Mühlbauer took second place in Tchibo’s ideas competition. Their idea was selected from about 250 submitted projects due to its potential for economic success. During a three-day workshop at Tchibo’s corporate headquarters in Hamburg, the students elaborated their business model, a new marketing concept for glasses, up to potential marketability in close collaboration with Tchibo product managers.
Economics student Philipp Mühlbauer was awarded first prize in the “Werbevisionen” competition with about 100 participants, initiated by the largest German online platform for students “StudiVZ” and by the online editors of “Handelsblatt”, “Wirtschaftswoche” and “DIE ZEIT”. Mühlbauer’s advertising vision was based on the use of state-of-the-art technology: Advertising measures shall become even more targeted in the future by means of RFID chips (radio transmitted codes) and OLED technology (organic light-emitting diodes).
A Witten economics student team won the finals of the Darden School competition in 2007. The team had to elaborate a takeover bid for a company and successfully negotiate it to conclude the contract. “Overall, this was an outstanding presentation – one of the best that I saw. Great job!”, writes Prof. Ken Eades, head of the competition. The Darden School of Business is one of the internationally most prestigious institutions of its kind.