BUSINESS PROJECT:

This time, the IfU Business Project will be held in collaboration with ACP, a large Austrian IT firm with customers mainly in Austria and Germany. The topic will be “Renovating the ACP Management Control System". Students will play the role as consultants who identify challenges and develop solutions on the topic at hand in collaboration with our project partner. The intermediate and final results of the project will presented to and discussed with the Austrian’s management team. 

LEARNING OPPORTUNITIES FOR STUDENTS:

• This is a real-life consulting course that blends research and practice. Students will learn about current challenges in business practice and develop tailor-made solutions. They will gain consulting experience in research-focused consulting project and learn how to do a practically relevant research study. Students will gain unique real-world insights into the IT industry and will have the opportunity to learn empirical research methods, such as expert interviews and survey study.

• Students will be able to develop and train their team-working and leadership skills. According to the “IfU Business Project Approach“ which has been awarded the Austrian State Prize for teaching (Ars Docendi) in 2016, up to five Master Students will take the role of team leaders and lead small teams of Bachelor students. The experienced challenges of leadership will be discussed in class and all students (Bachelor and Master students) will have the opportunity to get invaluable „learning by doing“ leadership experience for their future career.

Application for this course is compulsory and comprises a cover letter and CV. Application details with further information on the project and deadline will be sent via email in due course. Sole registration through the LPIS-System hence does not guarantee a spot.

After completing this class students will be able to:

• critically read and make sense of research articles
• structure complex business problems
• design and implement practice-oriented research projects

Apart from that, completing this course will contribute to students' abilities to:

• organize and manage a large-scale project in the field of strategic management and management accounting
• pursue the project management (PM) activities and master the use of various PM tools
• structure complex and ill-defined problems
• apply theoretical knowledge from different fields to find creative hands-on solutions to real-life business problems.

• Coachings
• Group discussions about research papers
• Group assignments
• Individual (in-group) assignments
• Practitioner feedback
• Peer coaching

The course grading system is based on:

• Workshop presentation, incl. peer evaluation: 15% 
• Mid-term presentation, incl. peer review: 30%
• Interim workshop with the project partner, incl. evaluation by the project partner: 15% 
• Final presentation, incl. peer review: 30%
• Participation: 10%

Application for this course is compulsory and comprises a short cover letter and CV. Application details with further information on the project and deadline will be sent via email. Sole registration through the LPIS-System hence does not guarantee a spot.

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Appointments by e-mail

The kickoff session, workshops and midterm and final presentations are compulsory! More information will follow at the first meeting.