Empirical Methods I ("Empirical Methods 1.01")

Winter and Summer Term: 040088 Master Level

Course Description:

In most professional fields, data-driven analyses for business decision-making is required. To develop and implement a business strategy, managers must make sense of massive amounts of information. Yet, evidence-based management requires valid empirical research. This course focuses on enabling students to design, implement, and evaluate empirical research. Basics of study design in view of external and internal validity and fundamentals of data collection are presented. This is the first part of a two semester course and covers the required tools and stages to collecting empirical data (e.g. research design, measurement, methods of data collection), with a special focus on data relevant to our field (e.g. firm-level data). The second part, planned for next semester, focuses on data analysis using descriptive and inferential statistics. Knowledge gained in this course is applied in a class project where students will actively develop the necessary steps for conducting their own empirical research projects. Thus, students are expected to design and conduct an empirical study on a management-related topic of their own choice.

Class objectives:

  • Overview and in-depth knowledge of the fundamental data collection methods in management research
  • Ability to assess quality of empirical research in management
  • Developing a research design for an empirical study
  • Practical experience by conducting a study on a management related issue

Language:

The course is held in English.

Attendance:

As part of the course grade, your class participation will be assessed every session. You will automatically fail the class if you miss more than 20% of sessions.

Course Methods:

Lectures, Discussions, Student Presentations, In-class exercises

Assignments and assessment:

Class participation (35% of total grade), Written individual Exam (20% of total grade), Project (45%). You need at least 50% to pass the course.

Pre-requisites:

Admission to Master's program

Please check with Studienservicestelle (SSC), if you have any questions regarding this course in respect to your curriculum.