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State Teaching Award Winner Prof. Dr. Beate Kremin-Buch Retires After More Than 25 Years of Teaching

With the 2019/2020 winter semester, the Ludwigshafen University of Business and Society bid farewell to Dr. Beate Kremin-Buch, Professor of Global Financial Accounting and Cost Management at the Department of Management, Controlling, HealthCare, after more than 25 years of service to students and the university.

Prof. Dr. Beate Kremin-Buch, who for many years played a decisive role in shaping the Controlling courses offered at the Department, most recently as head of the Master's degree course in Controlling, was awarded the Rhineland-Palatinate Teaching Prize in 2007. This honor illustrates her outstanding commitment to education and the great appreciation she received from the students. In keeping with a fairly recent tradition at the Department, Prof. Dr. Kremin-Buch said goodbye to the students, academic staff and non-academic colleagues with a lecture. She dedicated her farewell lecture entitled "On the enthusiasm factor of cost accounting" to the topic that accompanied her from the beginning of her academic career as a doctoral student of Paul Riebel at the University of Frankfurt until her retirement from this university: the understanding, design and further development of cost accounting in order to be able to properly map operational processes and prepare them in a decision-oriented manner. The attributed enthusiasm factor refers on the one hand to the fact that improvements in cost accounting can bring about a disproportionate increase in corporate success, but also to how students can be inspired for this complex and important topic.

During the celebratory farewell lecture, University President Prof. Dr. Peter Mudra and the Dean of the Department, Prof. Dr. Eveline Häusler, also paid tribute to Beate Kremin-Buch's outstanding commitment, professional expertise and personality: In her laudatory speech, Dean Häusler emphasized Kremin-Buch's expertise, high level of commitment, eloquence and intensive exchange with business practice, as well as her qualities in the development of study programs and education: "For many years, the successful degree programs in controlling have borne your signature," said Häusler, adding, "In you, we also honored an academic teacher who is known for her very high professional standards, but also for encouraging students with all her might. The attitude with which you meet the students is not a lecturing one, but one that understands education as a bidirectional process of gaining knowledge".

"Beyond the Departments, Ms. Kremin-Buch has played a decisive role in shaping the profile of the university: as a women's representative from the very beginning as well as a constructive and committed long-standing member of the Department Council and the University Council. She was awarded the University Medal for her services in 2008," added University President Mudra. Both also emphasized Beate Kremin-Buch's "outstanding contribution, both professionally and personally, to the success of the Department and the University as a whole" and praised her empathy and "genuine interest in people". Ms Kremin-Buch was a role model for many educators in many respects, and the great response to the farewell lecture was an expression of the high esteem in which an impressive personality was held, emphasized Mudra.

Prof. Dr. Beate Kremin-Buch's CV:
After training as a bank clerk, Beate Kremin-Buch studied economics and business administration in Mainz and Frankfurt and then completed her doctorate at the chair of Prof. Dr. Paul Riebel at the Johann Wolfgang Goethe University in Frankfurt. After working in the controlling department of a bank and as managing director of a medium-sized company, Kremin-Buch accepted a professorship in "Business Administration, in particular Accounting and Controlling" at the then Ludwigshafen University of Applied Sciences in 1994 and taught and published on topics such as international accounting, strategic cost management and accounting for intellectual capital. She also led seminars for the further training of managers in the banking sector. In 2007, she received the Rhineland-Palatinate Teaching Award for her extraordinary commitment to academic education and in 2008 the University Medal for her services to the Department of Management, Controlling, HealthCare and the University as a whole. After leaving the university in Ludwigshafen at the end of the 2020 winter semester, the dedicated university lecturer will change sides and take up a degree in philosophy.

Prof. Dr. Beate Kremin-Buch at her farewell lecture in the winter semester 2019/2020 (Image: FB I/ HWG LU).
Prof. Dr. Beate Kremin-Buch at her farewell lecture in the winter semester 2019/2020 (Image: FB I/ HWG LU).

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