Quick Info: Master | Lecture (Fachspezifische Grundlagen, FSG) | English | Winter Semester | 9 ECTS
Description
this course follows a Y-model and is divided into two parts. In part 1, all students complete a shared foundations module "Foundations of Innovation" taught by Prof. Dr. Anne-Sophie Mayer.
In part two, students choose one of two specialization tracks:
- Part 2A: Organizational Implementation, taught by Prof. Dr. Hess OR
- Part 2B: Technical Implementation, taught by Prof. Dr. Feuerriegel
In Part 2B, students learn how to plan, implement, and evaluate artificial intelligence (AI) solutions in organizational settings. The course focuses on emerging AI technologies, their managerial applications, and best practices for developing and deploying AI-enabled solutions.
In recent years, artificial intelligence has rapidly become an important technology for organizations and managers. AI systems are increasingly used to support decision-making, automate processes, generate and analyze content, interact with customers, and develop new products, services, and business models. The course focuses on understanding these developments and on the effective use of AI in management. Real-world case studies will complement the course by illustrating how organizations implement and manage AI in practice.
Topics include machine learning, generative AI and large language models, AI-supported decision-making, intelligent automation, and the organizational implementation of AI systems. Students will also examine the opportunities, limitations, and risks associated with the use of AI in organizations.
The goal of the course is to help students understand how AI can be used to improve managerial effectiveness and create value in organizations. Students will learn:
- how different types of AI systems work and where they can be applied in business,
- how to use AI and data to support managerial decision-making,
- how to design and evaluate AI-enabled solutions for organizational problems,
- how to work with generative AI and large language models,
- how to assess important challenges related to reliability, transparency, privacy, bias, security, and responsible AI use, and
- how to develop basic technical skills for implementing and working with AI-based solutions.
A further emphasis is on developing a methodological understanding of modern AI systems. Students will learn the core ideas behind machine learning and neural networks, including model training, generalization, overfitting, regularization, and model evaluation. The aim is not only to use AI tools, but also to understand the key methodological principles that determine when and why AI models perform well or fail.
The exercise session will be arranged around smaller guided, hands-on implementation sessions using R, which will train students to apply selected concepts in practice. These practical elements form part of the examination.