Prof. Dr. Carsten Müller

+49 661 9640-259
+49 661 9640-252
carsten.mueller(at)w.hs-fulda.de

General Business Administration

Fulda University of Applied Sciences
Building 30, Room 018
Leipziger Straße 123
36037 Fulda

Consultation hours: See eFBW

CV

Scientific Career

  • since 2013 Director of the Master degree program in Accounting, Finance, Controlling (together with Prof. Dr. Monique Reis)
  • 2011 guest lectures at the Cracow University of Economics, Faculty of Management, Poland
  • since 2010 Professor for Business Administration, especially for Industrial Engineers, at the Fulda University of Applied Sciences
  • 1998–2002 Research Assistant and doctorate (Dr. rer. pol.) of Financial and Economic Policy at the Darmstadt University of Technology
  • 1991–1997 Diploma program in Industrial Engineering/Mechanical Engineering at the Darmstadt University of Technology
  • 1995 Study abroad at the Georgia State University College of Law in Atlanta, USA

Professional Career

  • 2002-2010 Various positions, including as a project manager and an expert on economic analysis to the European Union and most recently as a strategic planning manager in the Group management of a leading international mobility and logistics company

Teaching Areas

  • General and public business administration
  • Corporate Finance and Capital Markets
  • Quantitative Methods, Mathematics and Statistics
  • Business Management, Business Simulation
  • Economics and sustainable economy

Research Projects

  • Third-party funded project “Tokenizing Sustainability – Carbon Credits, Accountability, and ESG in Supply Chains (TOSCA)” by ZEVEDI, with contributions from Fulda University of Applied Sciences, University of Kassel/Blockchain-Center.eu, Frankfurt School of Finance & Management/Frankfurt School Blockchain Center, Philipps-Universität Marburg/Institute for the Law of Digitization, Frankfurt UAS, IfK/Center for Financial Studies at Goethe University Frankfurt, and Swiss Finance Institute Lugano (2023–2025)
  • CO₂ offset markets for forestry and land-use projects in cooperation with USI Lugano and the Swiss Finance Institute (since 2023)
  • Market-based solution to prevent rainforest deforestation in cooperation with Ulm University and the Center for Climate Finance and Sustainability (CCFS), USI Lugano (2021–2024)
  • Opportunities and challenges of the Belt and Road Initiative for the German economy (2018–2019)
  • Innovative concepts in economic sustainability (2012–2013)
     

Publications

Monographs and current contributions (selection)

  • Müller, Carsten / Kling, Leah: Tokenising the Voluntary Carbon Credit Market: Harnessing Opportunities for Sustainable Development, in: Skauradszun, Dominik / Blocher, Walter / Möslein, Florian / Müller, Carsten / Nowak, Eric / Urbach, Nils / von Wangenheim, Georg (eds.): Blockchain and Climate Action: Enhancing ESG and Carbon Markets through Financial Technology, De Gruyter, 2025.
  • Müller, Carsten / Bleuel, Sebastian: Unlocking the Potential: Expert Insights on the Long-Term Compatibility of Forest Carbon Credits with the EU ETS, Forest Policy and Economics 162 (2024) 103185.
  • Müller, Carsten / Bleuel, Sebastian: Unlocking the Potential: Expert Insights on the Long-Term Compatibility of Forest Carbon Credits with the EU ETS, Discussion Paper 24, Discussion Papers in Business and Economics, Fulda University of Applied Sciences, August 2023.
  • Behr, Patrick / Müller, Carsten / Orgen, Papa: Portfolio Allocation and Optimization with Voluntary Carbon Offsets: Is it Worth the While?, Journal of Climate Finance 5 (2023) 100019.
  • Behr, Patrick / Müller, Carsten / Orgen, Papa: Portfolio Allocation and Optimization with Voluntary Carbon Offsets: Is it Worth the While?, Discussion Paper 23, Discussion Papers in Business and Economics, Fulda University of Applied Sciences, January 2023 – Best Paper Award at the 6th International Conference on Social Impact Investments, Rome 2022.
  • Müller, Carsten/Bleuel, Sebastian: Schaffung einer marktbasierten Lösung zur Vermeidung der Abholzung des Regenwalds, in: Rogall, Holger et al. (Hrsg.): Jahrbuch Nachhaltige Ökonomie 2022: Im Brennpunkt: Wärmewende, Metropolis Verlag, Marburg 2022, S. 227-239.
  • Behr, Patrick/Bleuel, Sebastian/Müller, Carsten/Nowak, Eric: Rethinking voluntary carbon offsets in the EU ETS: A critical review, Discussion Paper 22, Discussion Papers in Business and Economics, Fulda University of Applied Sciences, June 2022
  • Müller, Carsten/Bruckmann, Petra/Sun, Hao: Business-Innovation im Zuge der neuen Seidenstraße - Potenziale und Herausforderungen der neuen Seidenstraße für die deutsche und europäische Wirtschaft, in: Internationales Verkehrswesen (71) 4 | 2019, S. 52-57.
  • Müller, Carsten: Die neue Seidenstraßen-Initiative im Lichte der nachhaltigen Ökonomie, in: Rogall, Holger et al. (Hrsg.): Jahrbuch Nachhaltige Ökonomie 2018/2019: Im Brennpunkt: Zukunft des nachhaltigen Wirtschaftens in der digitalen Welt, Metropolis Verlag, Marburg 2018, S. 241-253.
  • Müller, Carsten/Huth, Michael: Was verbirgt sich hinter der neuen Seidenstraßen-Initiative? Chinas Entwicklungsmodell international vernetzter Transport- und Wirtschaftskorridore, in: Internationales Verkehrswesen (70) 2 | 2018, S. 46-50.
  • Müller, Carsten, Einführung in die öffentliche Betriebswirtschaftslehre, 2. Auflage, ZFH 2017
  • Müller, Carsten, Review of: Unmüßig, Barbara; Fuhr, Lili; Fatheuer, Thomas: Kritik der Grünen Ökonomie, oekom Verlag, München 2015. In: Zeitschrift für Sozialökonomie 190-191/2016, S. 65-66.
  • Müller, Carsten, Nachhaltige Ökonomie: Ziele, Herausforderungen und Lösungswege, De Gruyter Oldenbourg, Berlin, Boston, 2015
  • Müller, Carsten, Einführung in die öffentliche Betriebswirtschaftslehre, ZFH 2013
  • Müller, Carsten, Internal Discussion Paper No 1 in Business and Economics: Financial Crisis and Mathematics, Fulda 2011
  • Müller, Carsten, Existenzgründungshilfen als Instrument der Struktur- und Beschäftigungspolitik, Lang, Frankfurt/M., Berlin, Bern, Bruxelles, New York, Oxford, Wien 2002

 

Talks

  • Numerous talks, especially on economic sustainability, financial stability, and tokenization.

Conference presentations

  • Behr, Patrick / Müller, Carsten / Orgen, Papa: Portfolio Allocation and Optimization with Voluntary Carbon Offsets: Is it Worth the While?
    World Finance & Banking Symposium, Florida International University, Miami, 17 Dec 2022;
    6th International Conference on Social Impact Investments, University of Rome “La Sapienza”, 1 Dec 2022 – Best Paper Award;
    Yunus Social Business Center Conference in Sustainable and Socially Responsible Finance, University of Bologna, 6 Oct 2022;
    HOLM Research Day, 4 Nov 2022.
  • Müller, Carsten / Orgen, Papa: Creation of a Market-Based Solution to Prevent Deforestation of the Rainforest: Empirical Drivers of Voluntary Carbon Offsets Prices – Preliminary Results.
    HOLM Research Day, 19 Nov 2021.
     

Team

Research staff:

  • Leah Kling, MA (Economics), BMgt (Finance), BA (Hons, Economics)

Completed doctorates (in cooperation with Ulm University):

  • Dr Papa Kwaku Baah Orgen, MSc, BSc, ERP: Essays in Climate Finance (2024)
  • Dr Sebastian Bleuel, EMBA, MA, BA: Including Forest Carbon Credits in Compliance Emission Markets (2023)

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