Emeritus of the FEM "Honorary Member" of the VHB

Prof. Dr. Karl Inderfurth, who held the FEM Chair of Business Administration/Production and Logistics position from 1994 until his retirement in 2013, has now received a special honor: On the occasion of the annual Verbands der Hochschullehrer für Betriebswirtschaft e. V. (Association of University Teachers for Business Administration) conference, held in Rostock in mid-June, he was awarded the VHB Honorary Membership. The parties involved in the decision - the Management Board, Advisory Council, and Annual General Meeting of the VHB - acknowledged his exceptional merits and decades of outstanding achievements in business research. Prof. Inderfurth is thus joining - as the first business economist of an 'Eastern Faculty' - a distinguished list of renowned names among the discipline.

In a spontaneous e-mail to the faculty, Prof. Inderfurth commented: "This surprised me as much as it moved me! I want to say thank you very, very much for this really nice gesture, which further strengthens my connection to the faculty. [] The excellent working and research conditions at the Magdeburg Faculty have certainly contributed to the fact that I was able to develop myself in such a way that I received such an award." And the FWW, dear Mr. Inderfurth, is immensely proud to have someone of your character in its ranks!

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VHB Textbook Prize 2019 Awarded to Prof. Marko Sarstedt

An annual VHB Textbook Prize awarded by the Verband der Hochschullehrer für Betriebswirtschaft (Association of University Teachers for Business Administration) was presented to Prof. Marko Sarstedt and his co-authors J. F. Hair, Jr. /C. in 2019. M. Ringle/S. P. Gudergan for the title >>Advanced Issues in Partial Least Squares Structural Equation Modeling<< published by SAGE. The award ceremony, for which we would like to say congratulations, took place on June 14th during the annual VHB conference in Rostock. “With this award," writes the VHB, “we in the association recognize the commitment of our members to business administration teaching, which is a second central task of our work as scientists alongside research.” The VHB Textbook Prize "is intended to highlight and acknowledge the importance of scientifically sound teaching in business administration.”

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News from the Deans Office of Study Affairs

Information regarding the allocation of seats and schedules for the IBE project seminars as well as for winter semester 2019/2020 bachelor thesis can be found on the website of the ISP (

Registration has been open since Monday June 10th for the bachelor's thesis and for the IBE project seminar June 19th!

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AMS Best Paper Award for Prof. Marko Sarstedt

From May 29th through 31st, the 2019 conference for the renowned Academy of Marketing Science took place in Vancouver, Canada. FEM Professor Marko Sarstedt recently returned from the annual conference with good news in his luggage: For his research endeavor "Model Selection Uncertainty and Multimodel Averaging in Partial Least Squares Structural Equation Modeling (PLS-SEM): Structured Abstract", which was presented at the conference, he was granted a conference award - together with the co-authors Nicholas Danks (National Tsing Hua University Taiwan) and Pratyush N. Sharma (University of Delaware, USA) - for Best Research Methodology Paper. Congratulations!

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Professor Marko Sarstedt Elected to the DMV Executive Board

Within the framework of the Deutschen Marketing Verband (German Marketing Association) Spring Conference, FEM Professor Marko Sarstedt (Chair of BWL/Marketing) was elected to the Executive Board by the General Assembly in Lübeck. He was assigned to the “Science/Innovation” department for a regular term of two years. Congratulations to Prof. Sarstedt and best wishes for continuous success on the board!
The DMV is the professional association for marketing management and promotes the spread of marketing awareness in business and society. The association has 65 locally organized marketing clubs and more than 14,000 members throughout Germany.
To the DMV press release...

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