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The Business Administration Intensive Course for Engineers is designed for technical specialists and managers seeking to enhance their understanding of business management principles while utilizing a hands-on approach through a business simulation. Conducted by Jürgen Rismondo, a technical project manager from Robert Bosch GmbH with extensive experience in training engineers
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in business administration, marketing, and project management, this seminar emphasizes the importance of entrepreneurial thinking and decision-making in today's rapidly changing market landscape.
Participants will engage in a comprehensive business simulation that mimics a manufacturing company operating under competitive conditions. Throughout the course, attendees will navigate various business periods, making decisions related to research and development, finance, procurement, production, sales, and marketing. This experiential learning will enable participants to grasp the medium- and long-term effects of their business decisions, thereby enhancing their ability to analyze and understand the interconnectedness of different business areas. By the end of the course, engineers will be equipped with the confidence to employ business management tools effectively, understand key performance indicators, and engage in discussions with business professionals on equal footing.
The course covers essential topics such as cost accounting, strategic corporate management, market development strategies, and the relationship between sales, costs, and profit. Participants will learn to calculate and interpret key financial metrics, including profit and loss statements, balance sheets, and various performance ratios like Return on Sales (ROS), Return on Assets (ROI), and Return on Equity (ROE). The business simulation aspect of the course allows participants to apply these concepts practically, fostering an understanding of how decisions impact overall business performance. This seminar is offered by the VDI Association of German Engineers and aims to reach a diverse audience, including professionals from various corporate divisions and industries, ensuring a rich learning environment.
Participants will engage in a comprehensive business simulation that mimics a manufacturing company operating under competitive conditions. Throughout the course, attendees will navigate various business periods, making decisions related to research and development, finance, procurement, production, sales, and marketing. This experiential learning will enable participants to grasp the medium- and long-term effects of their business decisions, thereby enhancing their ability to analyze and understand the interconnectedness of different business areas. By the end of the course, engineers will be equipped with the confidence to employ business management tools effectively, understand key performance indicators, and engage in discussions with business professionals on equal footing.
The course covers essential topics such as cost accounting, strategic corporate management, market development strategies, and the relationship between sales, costs, and profit. Participants will learn to calculate and interpret key financial metrics, including profit and loss statements, balance sheets, and various performance ratios like Return on Sales (ROS), Return on Assets (ROI), and Return on Equity (ROE). The business simulation aspect of the course allows participants to apply these concepts practically, fostering an understanding of how decisions impact overall business performance. This seminar is offered by the VDI Association of German Engineers and aims to reach a diverse audience, including professionals from various corporate divisions and industries, ensuring a rich learning environment.
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Timings09:00 AM-06:00 PM (expected)Not Verified | Entry FeesCheck Official Website |
Estimated Turnout0-300 Delegates Based on previous editions | Official LinksWebsiteContacts
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EditionsDec 2025, Fürth InterestedJul 2022, Online +10 more editions Frequency Bi-annual | Report Error Claim this event |
| Different Located Editions Düsseldorf, Germany24 - 25 Jul 2025 4 Followers | |
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Jul 212025
Jul 252025
