Monika Schnitzer is Professor of Economics at the Ludwig-Maximilians-Universität in Munich. Her academic research focuses on innovation, competition policy, and multinational corporations. She has been a visiting professor at Boston University, MIT, Stanford University, Yale University, University of California, Berkeley, and Harvard University.

Monika Schnitzer has been active in political consulting for the German government for 20 years, including as a member of the Scientific Advisory Board of the German Federal Ministry for Economic Affairs and Energy and for eight years as Deputy Chair of the Expert Commission on Research and Innovation. Since April 2020, she has been a member of the German Council of Economic Experts, better known as “Wirtschaftsweisen”. Furthermore, she is a member of the Economic Advisory Group on Competition Policy of the European Commission's Directorate General for Competition. She was selected by Manager Magazin as one of the hundred most influential women in German business in 2020.

Monika Schnitzer was elected a member of the Bavarian Academy of Sciences and Humanities in 2008 and a member of Academia Europaea in 2016. She has been a Fellow of the European Economic Association since 2008. From 2015-2016, she was Chair of the Association for Social Policy, the association of German-speaking economists. She was awarded the Order of Merit of the Federal Republic of Germany in 2005 and the Bavarian Order of Merit in 2012.