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Facing Corona together

We are currently facing a situation that is new for all of us. In times of uncertainty, it is important to understand how the Corona crisis will affect us, as well as how it will affect the economy.

The TUM School of Management would like to take this opportunity to share its knowledge with you. We believe, that in times like these, it is now more important than ever to stand together.

A Message from our Dean

The first weeks of this digital Summer Semester are already behind us. So far, we are off to a great start! We are proud of our professors, students and support staff for being so accommodating and flexible this semester, and we are looking forward to the upcoming weeks. Just yesterday, we received the good news about our performance in the latest CHE ranking. Watch this message from our Dean, Prof. Dr. Gunther Friedl for more!

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News & Expert Knowledge

Find the latest news and what our Professors say about the impact of Corona on the economy.

TUM Knowledge Base: Recommendations for (Virtual) Teams and their Leaders

The German government describes the #WirVersusVirus Hackathon as “one of the largest and most successful community campaigns against the coronavirus and its effects.” Together, people of all ages and professions searched for solutions – and numerous great projects were created. TUM Professor Dr. Joachim Henkel also believes that the best solutions do not always come from experts, but often from people who work outside the field of the respective problem. We interviewed him about crowdsourcing.

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Crowdsourcing – The best solutions do not always come from experts

The German government describes the #WirVersusVirus Hackathon as “one of the largest and most successful community campaigns against the coronavirus and its effects.” Together, people of all ages and professions searched for solutions – and numerous great projects were created. TUM Professor Dr. Joachim Henkel also believes that the best solutions do not always come from experts, but often from people who work outside the field of the respective problem. We interviewed him about crowdsourcing.

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The future of digital studies has arrived

The Technical University of Munich (TUM) has started its summer semester, which will take place primarily online due to the coronavirus pandemic. At very short notice, TUM has drastically expanded its digital curriculum so that all students can continue their learning activities without interruption.

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Professor Lütge: “It is now important to gradually revive public and economic life”

The corona pandemic could trigger the biggest economic crisis since World War II, experts are warning. Governments have taken unprecedented measures to fight the SARS-CoV-2-virus including the restriction of fundamental rights. But is the price perhaps too high? For weeks, life in Germany and other countries worldwide has been largely paralyzed. In the pursuit to keep things going, millions are currently working digitally at home. But what about those who can not adapt quite as easily? Professor Christoph Lütge from the Department of Corporate and Business Ethics at the TUM School of Management shares his insights on corporate responsibility and strategy in times of the coronavirus as well as his point of view on necessary next steps.

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Helfen.München: Looking forward today to tomorrow’s beer

Since the coronavirus has taken hold of Germany, a wave of solidarity has been rolling over the country. Within a very short time, companies, associations and private individuals have launched initiatives to help all kinds of people affected. Kathrin Khadra, a master’s student in electrical engineering and information technology at the Technical University of Munich, is one of the supporters. She initiated the platform Helfen.München – and a decisive factor made the project successful.

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“We need to rethink our optimisation principles”

Prof Johannes Fottner worked as an engineer in the economy for many years, before he accepted the Chair of Materials Handling, Material Flow and Logistics at the Technical University of Munich in 2016. In his research, he examines the technical and process-related aspects of logistics and supply chains in particular. The coronavirus crisis has revealed major deficits in supply chain management, Johannes Fottner explains in an interview. But, he says, the current situation is opening up plenty of opportunities – for the economy as well as for science.

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In-ear sensors to help in fight against COVID-19

A team at the Technical University of Munich (TUM) plans to use high-tech biometric sensors for 24-hour monitoring of COVID-19 patients in home isolation. The goal of the study is to find out whether rapid treatment in response to deteriorating vital signs can improve the chance of survival and ease the workload of intensive care units. The study got off to a quick start thanks to donations.

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“Short-term decisions can have a long-term impact on our world”

The weapons deployed in the fight against the covid-19 pandemic also include artificial intelligence. AI might be able to recognize patterns in the spread of the disease, for example. These new possibilities raise ethical issues, however. Christoph Lütge holds the Chair of Business Ethics and is the director of the Institute for Ethics in Artificial Intelligence at the Technical University of Munich (TUM). He has joined colleagues from other respected universities and research institutions to establish the Global AI Ethics Consortium.

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#WirVsVirus: a Hackathon Against the Pandemic

In March 2020 28,300 participants, many of whom were students, researchers, staff and alumni of the Technical University of Munich (TUM), gathered online to participate in what would become one of the world’s largest hackathons: #WirVsVirus.

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Minister President appoints TUM economist to new advisory committee

A new Economic Council by Bavarian Minister President Dr. Markus Söder will include Ann-Kristin Achleitner, Professor of Entrepreneurial Finance at TUM School of Management, among its members.

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Interview with Prof. Dr. Maximilan Lude: “The Corona crisis creates a momentum of the new”

The current Corona crisis is causing offices in Germany to empty and forcing many companies to switch to remote work and virtual meetings on very short notice.

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Interview with Dr. Alexandra Mittermaier: “We are witnessing great solidarity”

Almost 23,000 people have actively participated in the #WirVersusVirus Hackathon sponsored by the German government. Around 1,500 projects were worked on. Initiatives like this fall into the category “Social Entrepreneurship”

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Working together to promote digital learning

For the time being the corona pandemic has made it impossible to hold courses in lecture halls and seminar rooms. Nevertheless TUM wants to make sure that its 43,000 students suffer no serious consequences and they will still be able to continue their studies in the upcoming summer semester without extraordinary limitations. TUM President Thomas F. Hofmann is asking for support in order to implement a massive expansion of digital teaching.

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“Panic buying harms us all”

The scramble for toilet paper and pasta is leaving supermarket shelves empty. The coronavirus pandemic is having a huge impact on people’s purchasing behaviour, notes Alexander Hübner. The businesseconomist who teaches at the Technical University of Munich has a critical view of panic buying and explains how basic supplies are also safeguarded in the current crisis.

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Study: Effects of the Corona pandemic on pensions

The corona pandemic will place a much greater burden on contributors in the future, while the level of security for pensioners will rise. This is the conclusion of current calculations by the Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (MPISOC).

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The impact of the Corona crisis on the trades sector 

The Corona crisis and the associated restrictions on public life are giving the trades sector in Germany a hard time. On the one hand, the measures taken have led to a drop in demand, in some cases considerably. On the other hand, companies are facing challenges in trying to keep production up and running because supply chains are interrupted and employees are absent due to illness or quarantine. This quickly leads to existential hardships, especially for small companies.

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Interview with Prof. Sebastian Müller: “I’m sceptical that the recovery on the markets will come soon”

The coronavirus has brought stock markets around the world to their knees. Share prices have taken a nose dive, investors are unsettled and no improvement is yet in sight. Sebastian Müller, Professor for Finance at the TUM School of Management, has been researching anomalies on financial markets for years. During an interview, he talks about the current crisis and considers how stock owners may best respond to the situation.

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A Message from the Dean

Public life stands still, containment of the coronavirus is the top priority at the moment. That is why the TUM School of Management has also mainly closed its doors. Teaching and examinations have been suspended, and the libraries are not allowed to be visited. In order to ensure the health of our employees, we have switched to working from home. At the same time we want to provide you with the best service possible and the quality you are used to from the TUM School of Management: but now online.

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ARD-alpha: Prof. Dr. Gunther Friedl about economic consequences of corona crisis

Empty shelves of flour and toilet paper, miles of traffic jams on the borders. The consequences of the Corona crisis are deeply worrying people. “The situation is serious, but we don’t need to worry about security of supply in Germany for the next few weeks.” This was emphasized by Prof. Dr. Gunther Friedl, Dean of the TUM School of Management yesterday evening in the Corona consulting hour (Sprechstunde) on ARD-alpha.

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How does the Corona crisis affect our students?

The Coronavirus has been paralyzing public life for days, and students are also affected. Although most students are on their semester break at the moment, time off does not necessarily mean time off.

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Professors on YouTube

Prof. David Wuttke on Panic Buying

Prof. David Wuttke on Exponential Growth

Only available in German: Prof. Horst Wildemann zum Thema "Wie beschleunigt die Corona-Krise Innovationen?"

TUM in the media

The below media was taped and broadcasted in Germany, thus the following is only available in German

Medizinethikerin Alena Buyx bei „Maybrit Illner“ zur Lockerung der Corona-Regeln „Viel mehr Eigenverantwortung“

Welche Folgen haben die Lockerungen der Corona-Regeln für jeden Einzelnen? Wie kann man die Gefahr steigender Infektionszahlen gegen die Folgen andauernder Beschränkungen abwägen? Und wie lassen sich bei den Lockerungen Prioritäten setzen? Darüber spricht Alena Buyx, Professorin für Ethik der Medizin und Gesundheitstechnologien und Mitglied im Deutschen Ethikrat, in der Talk-Show „Maybrit Illner“ im ZDF.

Zum Video

Reuters TV Beitrag zum Monitoring von Covid-19-Erkrankten mit Ohrsensoren

Die Nachrichtenagentur Reuters hat einen Beitrag zum Forschungsprojekt Telecovid gedreht. Gemeinsam mit dem Referat für Gesundheit und Umwelt der Stadt München will die Technische Universität München (TUM) erforschen, ob ein Monitoring mit Ohrsensoren Risikopatientinnen und -patienten mit Covid-19 mehr Sicherheit bieten kann: Bei einer Verschlechterung des Gesundheitszustands kann so besonders schnell ein Transport in eine Klinik veranlasst werden.

Video ansehen

Professor Hutzschenreuters Artikel "Die Unternehmenslandschaft retten" veröffentlicht in der FAZ

Mit dem Angriff des Coronavirus auf unsere Gesundheit ist eine Basissicherheit der
Wirtschaft weggefallen. Unternehmen müssen sich darauf einstellen.

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SZ berichtet: Studieren in Zeiten von Corona - Vorlesung per Video

Angesichts der Corona-Krise wird das Sommersemester an der Technischen Universität in Garching ausschließlich digital ablaufen.

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Zweiteiliger Filmbericht über aktuelle Forschungsansätze der TUM zur Eindämmung des Coronavirus

Das Coronavirus hält die Welt in Atem. Parallel zur Versorgung von Erkrankten im Klinikum rechts der Isar entwickeln Forschende in vielen Bereichen der TUM neue Ideen, die Covid-19-Kranken dabei helfen können, wieder gesund zu werden. Eine zweiteilige Dokumentation von Sat1 zeigt, woran bayerische Wissenschaftlerinnen und Wissenschaftler im Kampf gegen das neue Coronavirus gerade arbeiten.

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Virologe Dr. Dieter Hoffmann beim Tagesgespräch zur Corona-App

Große Datenmengen könnten dabei helfen, Infektionsketten zu unterbrechen, indem mögliche Corona-Infizierte beispielsweise mit einer App informiert werden. Offene Fragen in diesem Zusammenhang wurden beim Tagesgespräch im BR und auf ARD-alpha diskutiert. Virologe Dr. Dieter Hoffmann war als Telefongast in der Sendung.

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Virologin Prof. Dr. Ulrike Protzer bei ARD-alpha

Ist das Tragen von Masken sinnvoll? Sind selbst gemachte Stoffmasken eine wirkliche Alternative? Ist eine Übertragung durch die Luft möglich? Kann ich mich an Türklinken anstecken? Welche Hygienemaßnahmen sind in einem Privathaushalt sinnvoll? Die Virologin Prof. Dr. Ulrike Protzer hat in der Corona-Sprechstunde vom 7. April die Fragen von Zuschauerinnen und Zuschauern rund um den Covid19-Erreger beantwortet.

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Pneumologe Dr. Gregor Zimmermann bei ARD-alpha: Was passiert bei Covid-19 in der Lunge?

Bedeutet Asthma immer ein erhöhtes Risiko für einen schweren Verlauf von Covid-19? Auf was sollten Menschen mit anderen Lungenerkrankungen jetzt achten? Wie beeinflusst das Herz die Lungenfunktion? Der Pneumologe Dr. Gregor Zimmermann vom Klinikum rechts der Isar der TUM hat in der Sendung „Corona-Sprechstunde“ Fragen der Zuschauerinnen und Zuschauer von ARD-alpha beantwortet.

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Prof. Dr. Alexander Hübner im Handelsblatt: Trend zum Regionalen wegen Corona

Die Corona-Pandemie wird nach Einschätzung eines Wissenschaftlers von der Technischen Universität München die Verbraucher stärker an regionale Händler binden.

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Medizinerinnen und Mediziner zum Coronavirus in den Medien

Wie ansteckend ist das Virus? Wann wird es Medikamente und Impfstoffe geben? Medizinerinnen und Mediziner der TUM und des Klinikums rechts der Isar geben in den Medien regelmäßig Einschätzungen zum Virus und zur Pandemie ab.

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Corona-Pandemie: Shutdown um jeden Preis?

„Seit zwei Wochen herrscht in Deutschland quasi Stillstand. Aber was kommt danach? Experten warnen jetzt schon vor der größten Wirtschaftskrise seit dem zweiten Weltkrieg. Ist der Preis der aktuellen Maßnahmen vielleicht zu hoch?“ Was sagte Prof. Dr. Christoph Lütge, Professor für Wirtschafts- und Unternehmensethik an der TUM School of Management dazu? Näheres im F.A.Z. Podcast für Deutschland (ab Minute 10’35″).

Zum Podcast

Kommentar von Professor Hutzschenreuter in ZDF heute

Professor Hutzschenreuter kommentiert den Einfluss der Covid-19 Pandemie in deutschen Unternehmen.

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Christoph Lütge im Interview mit dem Roman Herzog Institut: „Responsible AI ist der richtige Weg“

Christoph Lütges Credo: „Die gesellschaftliche Akzeptanz digitaler Technologien wird wesentlich von ethischen Regeln abhängen.“ Was bedeutet das in Zeiten der Corona-Krise.

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