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The Dean's Newsletter

Dear WiSo professors, WiSo staff and student representatives

in today's edition of the newsletter the dean addresses you via video.

Stay healthy!

News from the faculty meeting

Photo: Dustin Preick

The Faculty Council has adopted the new doctoral regulations. Accordingly, currently enrolled or admitted doctoral students are to be informed individually in good time about the expiry of the old doctoral regulations. Information is to be provided on the further possibilities and transition options as well as possible deadlines. In addition, it was stated that new doctoral preparatory studies cannot be imposed on doctoral students who have already been (provisionally) admitted. The changes to the doctoral regulations as well as the 2008 and 2015 phase-out regulations were unanimously approved.

A W3 professorship for Organisational Behaviour and a W1 CFR junior professorship for Sustainable Finance were allocated.

Exclusive interview with Julia Monzel – WiSo-Career-Service

Julia Monzel (centre) and her team. With Annika Lahnor (left) Heidi Wenge (right).

The WiSo Career Service is the central link between students and the professional world. Here, students are prepared for starting their careers in a goal-oriented way and can get in touch with attractive employers during their studies in a number of ways. For companies and other employers, the Career Service enables early personal contact with potential junior staff and thereby opens up exciting dialogue beneficial for both sides.

Since the WiSo Career Service started in 2009, Julia Monzel has been leading the team and has long since been able to establish the area as an integral part of the services offered by the WiSo Faculty.

Dear Julia, you “founded” the WiSo Career Service more than a decade ago – so to speak. What were the biggest challenges for you at the beginning and how were you able to overcome them?

In March 2021, the WiSo Career Service and I celebrated our 12th anniversary! When I set up the Career Service, its importance and necessity were not yet clearly established in the German university landscape. I was lucky to have already gained key experience in this area at the Karlsruhe Institute of Technology (KIT). That was a great advantage when it came to setting up the service here at WiSo.

What was particularly exciting for me was the fact that a “steering committee” comprising professors, staff and students from the Student Council as well as external people from the employers’ side accompanied me during the initial concept development and setup phase. So, I actually had all the stakeholders – if you can call them that – at one table, my table, just one week after taking up my post. We had many intensive discussions about what the portfolio of the Career Service should look like. It was very enriching for me, and I think also for the entire process, to be able to have this early and direct dialogue with these groups of experts. Especially in phases of change, it was a gift to be able to discuss our ideas and challenges openly and constructively with different stakeholder groups.

I am convinced that this involvement of stakeholders continues to be one of the success factors for us today. We are always in dialogue with our professors and staff in the faculty and are close to the students and employers. In this way, we can draw upon interests and impetus from all sides early on and can optimally integrate them into our programme and our counselling. After all, career profiles change and so do study requirements.

Is there a special experience that you like to recall?


I am particularly pleased when I see directly that our work and efforts are bearing fruit: when “win-win” situations arise. We can observe this directly in the interest and the number of visitors to our formats, in the high interest of employers in trying out our new formats and in students interested in our counselling.

For example, one student had problems with her application documents and finding an internship. Although she was abroad, we were still in close contact. At that time, an alumnus began looking for an intern. The profile was a perfect match for the student. So, on the one hand, this student could participate in a great internship, and on the other hand, the alumnus was able to successfully complete his search for interns very quickly.

I also remember a Career Tuesday, when a former student employee represented the company first as an intern and a few years later as a trainee. We always meet alumni in various positions in companies or with other employers at our career events and hear their exciting stories about their careers. I can clearly picture the faces of these alumni when they recall their “good-old days as a student”. Of course, we are especially pleased when they encourage current students to do internships and not to miss any of our Career Service formats, because these services can make it much easier to get started with the employer of their choice. We also notice that one or two other universities like to look at what we have new in our programme, or companies ask us for advice on what they should offer students. This shows us that our expertise is in demand.

For me, rather extraordinary situations included, for example, when we organised a TV interview with the CEO of Metro on Phoenix and invited selected students from Prof Reinartz’s department. Or when we organised a panel discussion with ZEIT on the topic of consulting, as well as our company visits with groups of students to Bayer, Lanxess or Telekom.

Career Tuesday with Alumnus Rainier van Roessel
Faculty Career Day

With your Career Service team, you offer many services for our students to support them in career orientation and their individual career prospects. What do you particularly enjoy about working with students?


In our work, we often get very close to the students. After all, we don’t just discuss their CV and possible career prospects. We try to work out with the young people what their wishes, their ideas and also their requirements are for a successful start to their career. This is done in personal counselling as well as in the seminars we offer – and this proximity to students is a joy. It really is often the personal encounters that the work brings. It is enriching to see how these students – with a little support from us – find their way or open up new perspectives. We are always present at both the first-semester welcome events and the graduation ceremonies. And through our close connection to WiSo alumni, in our experience we really do accompany young people for years to come. That’s great and always inspires me and my team anew!


Dialogue with business partners is also relevant to your work in order to bring students into contact with the corporate world. What (strategic) goals are being pursued here? Where do you see challenges in implementing these goals?


Our strategy is to build, consolidate, shape and constantly develop the connection between the students, the faculty and the world of employers. What is particularly important to me here is the “win-win” situation I mentioned earlier, as well as the overarching and individual added value that arises from these relationships which enriches us all. Both the world of work and society are in a constant state of flux, and we too are constantly adapting our services and providing additional benefits.

To achieve this added value, we see the Career Service as part of a comprehensive network. The Career Service supports students in their transition into the professional world. But this bridge goes both ways, and so we also enable employers to take a look at the faculty and get involved in dialogue between the faculty, the students and “the outside world”. Our chairs and professors often have long-standing and close professional relationships with companies and other employers. This enhances our teaching and the courses we offer. The Career Service also maintains many other contacts with attractive employers who are explicitly intended to offer our students opportunities in practice. In this way, the faculty’s networks complement and mutually support each other.

What I find particularly exciting about the cooperation with companies is how we can offer new formats and always tackle new socially relevant topics. In doing so, we advise the companies and employers in order to provide important suggestions for our students. Our goal is not only to serve the recruiting interests of these companies, but to enter into discussion with the employers. There are many relevant topics that we have already addressed and even more that we will address in the future. We would like to explore the current situation in the world of work with the experts and discuss, for example, the changing workplace culture, agility, management methods, time management, sustainability or even gender-related topics. In the future, we will continue to choose our partners to be as diverse as our degree programmes.

Our WiSo Faculty motto is: “Today’s ideas. Tomorrow’s impact.” What does this mean to you from the perspective of WiSo Career Services?


I find the perspective particularly apt here. What happens, is thought about and developed today determines our tomorrow. For me, our students are the focus. They will shape our future, both in terms of our society, the world of work and our environment. Our faculty prepares them with our diverse and excellent study programmes to master the challenges of the present and the future, and to open up new possibilities. At the Career Service, we would like to support this and, through our services, try to promote individual potential and motivate students to participate actively and critically – to be creative and to shape things. The aim is for students to become aware of their own values and to find the right career path for themselves.


Both last year and the current year have been challenging for everyone due to the pandemic. Personal counselling and networking in the form of events also play a very important role in your services, and these could no longer take place in the usual form due to the regulations on avoiding contact. How did you deal with this? Are there any developments that the WiSo Career Service would like to maintain or even develop further after the pandemic?


Right at the beginning of the lockdown, we converted seminars to a digital format in a very short period of time – some of which even by lecturers from domestic quarantine abroad. That was a special situation, but Annika Lahnor and Heidi Wenge really reacted very prudently and quickly. In some cases, however, our cooperation partners were not so quick to implement changes, so we had to quickly find programme replacements for the 2020 summer semester. Here, too, it became clear who is able to adapt quickly to new conditions. But there were also some partners who were eager to join us in exploring this new terrain, which was new to all of us.

The high number of participants (up to 150) in our digital formats speaks for the fact that we have hit the nerve of the time. It was also important for many students to have a “window into the working world” during these restricted times. Internships were cancelled, jobs were eliminated, but our programme and perspective remained. Many used the time to intensively examine their career ideas, updated their application documents and took advantage of our counselling, soft skill seminars and application portfolio reviews. We also noticed this trend in the past winter semester as well.

After a few months of transition in the summer of 2020, we can now look forward to the usual large number of enquiries from employers. For many of our corporate partners, these digital formats were simply unfamiliar at the beginning and we had to introduce them to them – sometimes in an advisory capacity. But it worked out, and the positive reactions confirm our path and the flexibility we have demonstrated. Despite the distance, the camera enables a new form of closeness, which often promotes lively exchange. Seeing the speaker in his private living room helps to break down distance and creates authenticity and a sense of familiarity.

We are still planning digital events for 2021, including new formats. We cannot foresee if and when we will return to in-class attendance at the moment. In any case, we are very much looking forward to offering face-to-face events again at some point, but we will certainly stick with some of the successful digital formats.

Career Tuesday with Deutsche Börse Group via Zoom

What other goals do you have for this year?


Together with our corporate partners and partners in the faculty, we are discussing how we want to continue to shape our cooperation. The coronavirus pandemic has slowed us down in some areas, but in many others, it has acted more like a catalyst and accelerator. We will continue to work on developing current topics – digitally and in person. Here, it is important for us to look at how employers are dealing with current challenges and at how innovative, adaptive, agile and sustainable they are. Our view is broad and versatile. For instance, we cooperate with the Gateway and also present start-up topics. We look for partners at the local, national and international level, such as companies and other employers like NGOs or employers from specific sectors such as the healthcare or energy sector.

The recent challenges due to the pandemic have not only proven how important our network and trustful cooperation are. We are also grateful for the loyal partners in the working world and for the trust that our students place in us. Last but not least, we have experienced how important it is to have a well-functioning team where people can rely on each other. Therefore, I would also like to express my gratitude here to our friends within the university and the faculty.

Personally, I am very happy to be back after a long absence and to be able to design exciting services for our target groups together with my team and our partners.


Thank you for the interview!


Short introduction to Julia Monzel:

Ms Julia Monzel founded the WiSo Career Service in 2009. From 2015 to 2017, she additionally managed the Student Advisory Centre. After returning from her second parental leave in 2018, Julia Monzel focused more on corporate connections. Since then, the WiSo Career Service has been embedded into Corporate & Career Services, for which Julia Monzel is responsible. From the “one-woman show” at the beginning, the career team grew continuously and now consists of Annika Lahnor and Heidi Wenge as well as two to four temporary student assistants.


Julia Monzel comes from the Black Forest. However, she decided to move to the distant city of Münster to study the then innovative subject of “Applied Cultural Studies” for her master’s degree. This subject combined economic, legal and cultural studies as well as practical elements. A compulsory internship at Popkomm finally brought her to Cologne for the first time in 2001 for six months. After graduating and a longer period abroad, several internships followed in the event industry and at UNICEF. Julia Monzel set foot in the university world again in 2007, when she attended KIT in Karlsruhe for two years. There, she helped set up the Sponsoring and Career Service department. In 2009, Julia Monzel returned to Cologne and now lives here with her husband and two daughters.


The interview was conducted by Daniel Scheu.

News from the Business School

2021 is calling for new, creative networking opportunities. Networking is a crucial part of our Cologne-Rotterdam Executive MBA programme. With our new series „Business Experts @University of Cologne Business School“ & „Alumni Talks“ we offer our EMBA students new ways of networking and bring experts to our classes.

Furthermore, registration is open for is open for our certificate programmes which will run over the next couple of months. These certificate courses are based on the latest research findings, delivered by internationally acclaimed professors and lecturers with innovative teaching methods reflecting real-life practice.


Business Experts @University of Cologne Business School With our new series „Business Experts@University of Cologne Business School“ we have created a suitable virtual surrounding to support the networking activities of our EMBA students and alumnis.  We provide them with exciting insights from exclusive Business Speakers about up-to-date topics and their companies. The series started on 15 April 2021 with Dr. Jörn Küpper, Senior Partner at McKinsey & Company and his lecture about „BACK TO BASICS - Brands in the new consumer world“. The series has just started, and the beginning of more exclusive business talks events to come!


Dawid Schimmel, EMBA Alumni 2018: guest lecture on Entrepreneurship  Bringing business to EMBA classes:  EMBA alumni Dawid Schimmel, who graduated in 2018,  shared his insights on Entrepreneurship recently to our current students. Dawid is Head of Commercial Operations at INEOS, a global chemicals company, and a former participant of the Silicon Valley Founder Institute. In his guest lecture he explained his career move after completing his EMBA studies and shared his personal experiences on founding and managing businesses.

EMBA Info Webinar on 22 April 2021 @6.30 pm Learn more about our Cologne-Rotterdam Executive MBA (EMBA) and get to know our team and students. Please register via Zoom!


Registration is open for our certificate programmes Advanced Mangement (starting in May 2021) und Digital Insurance Transformation (starting in June 2021). Please contact Janna Pressentin ( if you need any further consultation.


About the University of Cologne Business School

The University of Cologne Business School has been offering executive programmes and management seminars in English and German since 2015. The Business School is affiliated with the WiSo Faculty of the University of Cologne. The programmes are taught by professors from the faculty and the Rotterdam School of Management, Erasmus University, as well as industry experts.

Contact: Janna Pressentin & Juliana Milla, Marketing & Admissions Manager, Phone: +49 (0)160 91939002

Slide show WiSo-Banner

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Banner on the WiSo building with great impact

We also like to present our new claim "Today's ideas. Tomorrow's impact.” to the general public. Therefore, a blow-up measuring 30 by 18 metres was installed in the WiSo tower on 7th April. Passers-by, cyclists and car drivers now know exactly where the WiSo Faculty is located and what we stand for. The blow-up will have its impact throughout the summer and will be taken down with the scaffolding in the last quarter of this year.

PUMA mails sent from the WiSo Faculty

Dear colleagues, dear staff members,

In the future, the WiSo faculty will regularly send information and announcements to the employees of the WiSo faculty via PUMA ("PersonalUniMailAnwendung"). It is planned to send out the messages collectively via the WiSo Dean's Office at two-week intervals from this May on.

PUMA will send the mail to your university account, e.g. If necessary, please set up a forwarding to your WiSo account.

PUMA is used to send announcements of faculty-wide concern and interest, i.e. information addressed to all professors and staff groups of the faculty. This includes, for example:

- Information that is generally addressed to all faculty members.

- Announcements of events to which all stakeholders of the faculty are invited

- Notices of faculty-wide interest

The central administrative units, such as the Examinations Office and the KLIPS team, have the option of sending additional notices to selected stakeholder groups.

We invite all faculty members to submit items to the WiSo Dean's Office, which will be sent out via the Dean's Office regular PUMA mail. Please use the form (see public drive under file:///P:/wiso-dekanat/Informationsmaterial/PUMA-Formular_WiSo_SS2021.pdf)

Please note the instructions in the form, especially the submission deadline and above all the content-related condition of faculty-wide interest.

For all other contributions, you are of course welcome to use the conventional distribution lists of the WiSo Faculty.


Yours sincerely,

Your Dean of the Faculty of Economic and Social Sciences

Ulrich Thonemann


Contact person: Iris Ruckert     

Email address:

In this edition of the WiSo Workplace video series, we introduce Professor Dr Pia Pinger. She conducts research at the Department of Economics on applied microeconometrics, human capital, behavioural, labour and health economics.

The video gives an insight into her work, e.g. what gender questions are currently being asked in the field of labour economics, what importance is attached to human capital, what goals she has with her research as well as other exciting aspects.

WiSo Personalia: New developments

There have also been some developments in the WiSo faculty in terms of personnel:

Judith Zepp first chairperson of the Scientific Staff Council

Dr. Judith Zepp, Head of WiSo-IT & Infrastructure, was elected as the new Chairperson of the Academic Staff Council of the University of Cologne on 30 November 2020. The Staff Council advocates for the interests of staff in many ways through its legally defined rights of participation, co-determination and consultation. In addition, it offers qualified counselling in open office hours, individual discussions or by e-mail.

We congratulate Ms Zepp to her additional function and wish her all the best and much success.

Return of Julia Monzel to the Career Service

Julia Monzel returns as head of the WiSo-Career-Services after a break. We are pleased that she is joining us again and wish her all the best for a successful start.


WiSo in the media - February/ March 2021

WiSo Marketing regularly checks the press review of the University of Cologne for articles and mentions of the WiSo Faculty and its professors in the national and international media. These press clippings are constantly reviewed and collected after WiSo reports. Here we would like to give you an overview of the publications in the national media in which WiSo professors serve as experts or which publish articles written by them. If the article is available online, you will find a link to it below. Press articles that are only available in print media are mostly available via the electronic journals database of the University and City Library.

The list is compiled according to available data. If an article is missing, please send us an email.


When? Where? Titel and topic of the article? Researcher named Read the article here:
02.02.21 Wirtschaftswoche online Studie: Wem die Mitarbeiter wichtig sind, der stellt Manager ein, die gut mit Menschen umgehen können – und sich auch die Zeit nehmen Prof. Dr. M. Heinz Link
03.02.21 Handelsblatt  Es braucht einen Mindestpreis für CO2 Prof. Dr. A. Ockenfels Link
04.02.21 BDC Magazine Short-Term Rentals Amplify Housing Shortages Felix Mindl/Dr. Oliver Arentz Link
04.02.21 IP Carrier Causation is Clear for Short-Term Rentals, Less Clear for Broadband  Felix Mindl/Dr. Oliver Arentz Link
09.02.21 Böhme Zeitung Sparkassen: Fusion kann Lösung für manche Herausforderung bieten Prof. Dr. Thomas Hartmann-Wendels Link
09.02.21 Blick aktuell Die Heilung einer gebrochenen Nation Prof. Dr. Thomas Jäger Link
12.02.21 GMX Ex-US-Präsident Donald Trump: Spaltet er die republikanische Partei? Prof. Dr. Thomas Jäger Link
18.02.21 Süddeutsche Zeitung Ein Abenteuer muss nicht immer groß sein Jun.-Prof. Monika Imschloß Link
19.02.21 Focus Online Biden und Merkel wollen zusammenarbeiten - doch Grundfragen bleiben umstritten Prof. Dr. Thomas Jäger Link
19.02.21 Focus Online Für Biden ist Russland nur Regionalmacht – und darin lauert für EU die größte Gefahr Prof. Dr. Thomas Jäger Link
24.02.21 Focus Online Russland fährt mit Europa Schlitten und Merkel hat nur „den Hauch einer Strategie Prof. Dr. Thomas Jäger Link
25.02.21 Handelsblatt Der Blackout in Texas ist auch ein Warnsignal für uns Prof. Dr. A. Ockenfels Link (pay barrier)
26.02.21 Focus Online Biden katapultiert USA zurück in die Weltpolitik – und stellt EU unter Zugzwang Prof. Dr. Thomas Jäger Link
01.03.21 FAZ Warum Impfstoffe horten viele Menschenleben kostet Prof. Dr. Axel Ockenfels Link
06.03.21 Tagesschau Wie Greensill in Turbulenzen geriet Prof. Dr. Thomas Hartmann-Wendels Link
08.03.21 Focus Online Endlich Wahlen! Corona war die Stunde der Exekutive – und sie hat versagt Prof.Dr. Thomas Jäger  
08.03.21 Springer Accounting for preference dependency in target costing – a note Homburg/Hoppe/Schick Link
11.03.21 DW Will Big Tech save journalism? Prof. Dr. Christian-Mathias Wellbrock Link
12.03.21 Focus Online Merkel hat geschafft, wovon Trump träumte: 16 Jahre Hauptsache ich! Das muss sich ändern Prof. Dr. Thomas Jäger Link
12.03.21 Xing Zukunft Mobilität: Wie Technologie und Bepreisung der Straßennutzung Staus eliminieren werden Prof. Dr. Axel Ockenfels Link
13.03.21 MSN Deutschland Wer rettet den Journalismus?  Prof. Dr. Christian-Mathias Wellbrock Link
15.03.21 Focus Online Laschets letzter Ausweg: Wenn er noch Kanzler werden will, muss er Spahn jetzt opfern Prof. Dr. Thomas Jäger Link
15.03.21 KStA Analyse zu den Wahlen Kann Laschet vom schlechten CDU-Ergebnis sogar profitieren?  Prof. Dr. Thomas Jäger Link
16.03.21 Merkur „Diejenigen, die jetzt noch Union gewählt haben ...“ - Politexperte erklärt Absturz bei den Landtagswahlen Prof. Dr. Thomas Jäger

Link (pay barrier)

17.03.21 Focus Online Laschet scheitert schon jetzt mit CDU-Führung - der eigentliche Chef ist Söder Prof. Dr. Thomas Jäger Link
17.03.21 The Epoch Times „Focus“: Laschet muss auf Spahn verzichten – oder auf Kanzlerkandidatur Prof. Dr. Thomas Jäger Link
22.03.21 SZ Klimaschutz: Ein Zoll soll klimaschädliche Importe verteuern Prof. Dr. Axel Ockenfels Link
23.03.21 FAZ Gegenwind für den Klimazoll Prof. Dr. Axel Ockenfels Link
23.03.21 Handelsblatt Ladensterben: So haben Händler eine Chance, Corona zu überleben Prof. Dr. Werner Reinartz Link
24.03.21 Focus Online Von "noble Geste" bis "Realsatire zum Heulen": Polit-Experten bewerten Merkels Kehrtwende Prof. Dr. Thomas Jäger Link
25.03.21 Merkur Nach Kehrtwende zum Oster-Lockdown: Reagiert Merkel auf die Rücktrittsforderungen? Prof. Dr. Thomas Jäger Link
25.03.21 Handelsblatt Wir brauchen auf Dauer einen globalen CO2-Mindestpreis Prof. Dr. Axel Ockenfels Link
27.03.21 KStA Oster-Debakel, Maskenaffäre CDU in der Krise – Armin Laschets großer Absturz  Prof. Dr. Thomas Jäger Link (pay barrier)
29.03.21 iinews-Der mobile Newsdienst Was ist eine Klimabilanz und warum brauchen wir Veränderungen- Prof. Dr. Marc-Oliver Bettzüge Link
01.04.21 News 4 teachers Berufstätigkeit der Mutter hat keine Auswirkung auf das Sozialverhalten des Kindes Prof. Dr. Marita Jacob/Daniel Kühhirt Link