Nils J. Balke

Prof. Dr. Nils J. Balke is a Professor of Controlling and Investment Accounting at Technische Hochschule Lübeck (TH Lübeck), Germany. He holds leadership roles including serving as Dean of the Faculty of Mechanical Engineering and Economics (2016–2020) and as Senator of TH Lübeck (2020–2022). His expertise spans strategic and operational controlling, corporate valuation, value-oriented management, and mergers & acquisitions.

Education:

• PhD (Dr. oec. publ.) in Controlling, Ludwig Maximilian University of Munich (2000–2002)
• Master of Business Research (M.B.R.), LMU Munich (2000–2002)
• M.Sc. in Industrial Engineering, Georgia Institute of Technology, USA (1997–1998)
• Diplom-Wirtschaftsingenieur (Dipl. Wi.-Ing.), University of Karlsruhe (1994–1999)

Research Interests: Balke focuses on applying controlling principles in cultural institutions, risk management, driver-based planning in museums, Monte Carlo simulation for compliance, and value-oriented M&A strategies. His work bridges academic research with practical implementations in museums like the European Hanse Museum and institutions like the Bundeskunsthalle.

Publications: His recent work emphasizes cultural institution management, including automation of internal reporting systems and risk assessment frameworks. Earlier contributions address M&A controlling, multinational corporate reporting, and fuzzy logic applications in agency theory.

Labs/Teams: Leads the research project 'Controlling and Management of Cultural Institutions', integrating applied business analytics for non-profit cultural organizations.