TUM School Of Management
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The TUM School of Management is the business school of the
Technical University of Munich The Technical University of Munich (TUM or TU Munich; german: Technische Universität München) is a public research university in Munich, Germany. It specializes in engineering, technology, medicine, and applied and natural sciences. Establis ...
, located at its Munich campus. It is triple accredited by the
European Quality Improvement System The EFMD Quality Improvement System (EQUIS) is an international school accreditation system. It specializes in higher education institutions of management and business administration, run by the European Foundation for Management Development (EFMD ...
(EQUIS), the
Association to Advance Collegiate Schools of Business The Association to Advance Collegiate Schools of Business, also known as AACSB International, is an American professional organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to ...
(AACSB) and the
Association of MBAs The Association of MBAs (AMBA) is a global organisation founded in 1967 which focuses primarily on international business school accreditation and membership. Roles Based in London, AMBA is one of the three main global accreditation bodies in ...
(AMBA).


History

In 1974, a Faculty for Business Administration and Social Sciences was established at TUM. In 2002, the TUM School of Management was founded by splitting up the Faculty for Economic and Social Sciences and integrating the Department of Business and Social Sciences at
Weihenstephan Weihenstephan is a part of Freising north of Munich, Germany. It is located on the Weihenstephan Hill, named after the Weihenstephan Abbey, in the west of the city. Weihenstephan is known for: * the Benedictine Weihenstephan Abbey, founded 725, ...
.


Research

The main research areas of the Department are: *
Innovation Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity ...
and
Entrepreneurship Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...
* Marketing,
Strategy Strategy (from Greek στρατηγία ''stratēgia'', "art of troop leader; office of general, command, generalship") is a general plan to achieve one or more long-term or overall goals under conditions of uncertainty. In the sense of the "art ...
and
Leadership Leadership, both as a research area and as a practical skill, encompasses the ability of an individual, group or organization to "lead", influence or guide other individuals, teams, or entire organizations. The word "leadership" often gets view ...
* Operations and
Supply chain management In commerce, supply chain management (SCM) is the management of the flow of goods and services including all processes that transform raw materials into final products between businesses and locations. This can include the movement and stor ...
* Finance and Accounting * Economics and Policy


Rankings

The TUM School of Management has been rated as one of the best business schools in Germany. In the national 2020
CHE University Ranking The ''CHE University Ranking'' (german: CHE Hochschulranking) is an annual ranking of German universities and colleges. It is a subject‐specific, multidimensional system aimed at providing information for students, with its main emphasis on te ...
, the department is rated in the top group for the majority of criteria, including courses offered and research orientation.


References

{{Authority control 2002 establishments in Germany Educational institutions established in 2002 Business schools in Germany Research institutes in Munich