TUM School of Management

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TUM School of Management

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Business School I Technical University of Munich.
👑 Top 1% worldwide These are the values that we pass on to our students.

As part of Technical University of Munich, one of Europe’s top universities, TUM School of Management carries out world-class research and teaching at the interface between management and technology. We inspire our students with a comprehensive range of programs at Bachelor’s, Master’s, Ph.D., and executive levels. TUM School of Management attracts students and researchers from all over the world.

We channel their enthusiasm for innovation and technology into real products by providing them with the management skills they require. Building the bridge between management and technology, we enable our graduates to work side-by-side with engineers and scientists, ensuring that they speak the same language. We believe that entrepreneurship and social responsibility go hand in hand. Our solid network of business and industry contacts ensures that we recognize current requirements in industry and can react accordingly.

01/09/2026

👋 A very warm welcome to Professor Dr. Christian Mahringer, who is joining us for his new appointment at TUM School of Management as Interim Professor of Organizational Behavior and Human Resources.

His research investigates organizational change and innovation, emphasizing the transformation of work routines through digital technologies.

Currently, he explores cutting-edge topics like AI-driven organizational change, agile transformation, and coordination within the Metaverse.

🎓 Prior to joining TU München, Prof. Mahringer held academic positions at the University of Stuttgart and the Heidelberg Academy of Sciences and Humanities. He also completed research stays at Warwick Business School, University of Warwick, and the Universität Zürich.

We are excited to have Professor Mahringer on board and look forward to the valuable contributions he will bring to our community. We wish him a successful start at TUM School of Management! 👏

31/08/2026

What brings students from around the world to us? 🌍

Our exchange students, Leandre and Puyun, shared why they chose the TUM School of Management and what they were looking forward to this semester.

We are happy to have you with us!

30/08/2026

We all deserve this summer break! ☀️🌞🌻

28/08/2026

Timberland. Defense tech. ELTIF 2.0. Tokenized private assets.

Not exactly the topic list of a standard portfolio course, and that is exactly the point. 🚀

In the 𝗔𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝘃𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 seminar at the 𝗧𝗨𝗠 𝗖𝗵𝗮𝗶𝗿 𝗼𝗳 𝗘𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝗶𝗮𝗹 𝗙𝗶𝗻𝗮𝗻𝗰𝗲, eight student groups each tackled a different topic, developed an investment hypothesis based on real market data, and then had to defend it.

Along the way, a session at Allianz Global Investors brought private debt into the classroom, including an individual case from practice. Thank you to Alexander Schmitt, Alina Tuleugazy, and Alberto Cambursano for making that session so hands-on.

The seminar came together on the final presentation day at Allianz Deutschland. Throughout the day, one group after another pitched its case and then had to hold it up in the Q&A. An audience of investment professionals challenged the teams‘ return assumptions, risk drivers, and allocation decisions in depth.

A special thank you to Dr. Kay Müller (Allianz Asset Management), who has been teaching this course for many years and opened the doors for the day, and to Anh Tran, who sat on the panel and challenged the teams throughout. For the students, this came very close to a real investment committee experience.

The seminar is organized by Prof. Dr. Reiner Braun and Philipp Bockshecker at the TUM Chair of Entrepreneurial Finance and is made possible by the continued engagement of partners like these.

We are already looking forward to the next edition in the coming year. 🤝

27/08/2026

Congratulations to Prof. Dr. Sebastian Tonke! 👏

We are delighted to congratulate Prof. Dr. Sebastian Tonke, Professor of Environmental Economics at the TUM School of Management and the TUM School of Life Sciences, on receiving the 𝗝𝗼𝗮𝗰𝗵𝗶𝗺 𝗛𝗲𝗿𝘇 𝗣𝗿𝗶𝘇𝗲 𝟮𝟬𝟮𝟲.

The prize recognizes application-oriented, interdisciplinary research with the potential to address pressing societal challenges and is endowed with €500,000.

💧 With his research project 𝗪𝗘𝗧𝗧𝗘𝗥 (Water Efficiency through Technology, Targeting, and Experimental Research), Prof. Tonke investigates how digital technologies and behavioral insights can encourage more sustainable water use. By combining digital water meters with a smartphone app, the project aims to identify which incentives are most effective in helping households reduce their water consumption.

As climate change places growing pressure on water resources, the findings from WETTER will support water utilities and policymakers in developing effective, scalable strategies for more sustainable water use.

Congratulations on this outstanding achievement. We wish Prof. Dr. Sebastian Tonke every success with the project and look forward to seeing its impact unfold.

📖 Read more here: https://www.mgt.tum.de/our-stories-with-impact/detail/prof-dr-sebastian-tonke-receives-joachim-herz-prize-2026-for-wetter-research-project

Joachim Herz Stiftung | TU München

26/08/2026

⚖️ Should freedom of negotiation be recognized as an independent legal concept?

Prof. Dr. Stefanie Jung, TUM Global Center for Family Enterprise, argues that, in addition to the recognized freedom of contract, the freedom of negotiation should also be recognized as an independent legal concept.

In her guest column for Legal Tribune Online, Prof. Jung distinguishes between
🧑‍⚖️ freedom of contract, which concerns, among others, the content and conclusion of a contract, and
🧑‍⚖️ freedom of negotiation, which particularly refers to the process and structure of negotiations.

Legal recognition of freedom of negotiation would not necessarily lead to less regulation, but to more conscious and balanced regulation. Legislators and courts could then decide more transparently whether they wish to restrict e.g. the content of the contract or the negotiation process.

💡 Key take-away: Not only the final contract, but also the negotiation process deserves legal consideration. Freedom of negotiation should therefore be recognized as an independent component of private autonomy.

➡️ Read the full article (in German): https://www.lto.de/recht/hintergruende/h/vertragsfreiheit-verhandlungsfreiheit-privatautonomie-regulierung-verbraucherschutz

26/08/2026

How can AI systems learn new skills without forgetting what they have already learned?💡

Congratulations to Xuerui Zhang! 🎉 Her work on continual learning in AI systems has now received the Best Poster Award at the Oxford Machine Learning Summer School. 👏

As a research associate of Prof. Ziyue Li, Xuerui Zhang investigates how AI systems can continuously acquire new capabilities while preserving knowledge from previous tasks. This is particularly relevant for real-world applications such as robotics, where AI agents need to adapt to changing and highly diverse tasks.

Her research, titled “Heterogeneity-Aware Distillation for Lifelong Heterogeneous Learning,” focuses on two key challenges:
🤖 moving beyond sequences of similar tasks toward more heterogeneous learning scenarios,
🤖 and carefully selecting which knowledge from previous tasks should be retained when learning new ones.

The recognition in Oxford encourages Zhang to take her research even further: “I am delighted that the researchers at the Oxford Machine Learning School appreciated our work, discussed it with me, and voted for it.” 🚀

AI for Global Goals | University of Oxford | Oxford Mathematics

24/08/2026

🚀 Does AI just make existing financial models more efficient, or does it force a fundamental shift in the business model itself?

This question was at the heart of 𝗙𝗶𝗻𝗧𝗲𝗰𝗵 𝗗𝗶𝘀𝗿𝘂𝗽𝘁𝗲𝗱: 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗔𝗜-𝗗𝗿𝗶𝘃𝗲𝗻 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗙𝗶𝗻𝗮𝗻𝗰𝗲, a panel discussion organized by our students Marcel Gilg, Manuel Sauer, and Moritz Vögl, which brought together participants from the 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 & 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 (𝗙𝗜𝗠) 𝗔𝗹𝘂𝗺𝗻𝗶 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 and Manage and More by UnternehmerTUM GmbH.

The panel featured:
🔹 Tim Friederich, CFA, Head of risklab, Allianz Global Investors
🔹 Lars Wederhake, Founder, credium
🔹 Edmund Hoischen, Financial Services Lead, Amazon Web Services Germany
🔹 Christina Halemba, Customer Engineer, Google Cloud
🔹 Max Sina Knicker, Co-Founder, QFT Analytics
🔹 Ioannis Georgopoulos, Finance Lead, Entrix

Several key themes emerged throughout the discussion:
▪️ In established organizations, AI often starts as an efficiency gain before creating new revenue opportunities.
▪️ For AI-native companies, that distinction barely exists.
▪️ AI itself is not alpha. Competitive advantage increasingly comes from proprietary data, well-designed processes, domain expertise, and customer trust.
▪️ Several panelists challenged the narrative that AI is eliminating entry-level roles, pointing instead to growing demand for AI-native junior talent.
▪️ Looking ahead, the panel pointed to Physical AI, robotics, and cybersecurity as key areas to watch.

A big thank you to all panelists for sharing their perspectives and to everyone who joined the conversation.

We’re especially proud to see our students creating spaces where academia, industry, and entrepreneurship intersect to discuss the challenges and opportunities shaping the future of finance. 👏

📷 Paul G.M. Meißner

21/08/2026

Congratulations to Friedrich Tacke on this exciting next step in his academic career!

We are delighted to share that Dr. Friedrich Tacke will join emlyon business school as Assistant Professor of Entrepreneurship and researcher at the InvEnt – Innovation and Entrepreneurship Research Center on September 1, 2026.

Friedrich completed his postdoctoral research with Prof. Anne Tryba at the TUM Entrepreneurship Research Institute, where he had previously earned his PhD under the supervision of Prof. Holger Patzelt and Prof. Nicola Breugst. Alongside his research, he gained practical entrepreneurial experience at UnternehmerTUM and a high-growth startup.

Friedrich's research is motivated by societal challenges and informed by his firsthand entrepreneurial experience, exploring how green ventures scale their impact, how entrepreneurs decide to pivot their business models under uncertainty, and how greed and unethical behavior emerge in new ventures. His research is also supported by a Joachim Herz Stiftung Fellowship.

We wish Friedrich every success as he begins this exciting new chapter at emlyon business school. Congratulations! 👏

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