FOM University of Applied Sciences for Economics and Management

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University of Applied Sciences for Economics and Management
FOM University Logo.jpg
Other name
FOM
Type Private
Established1993
Chancellor Harald Beschorner[ citation needed ]
Rector Burghard Hermeier
Students42,500 (July 2017) [1]
Address
Herkulesstraße 32, 45127
,
Essen, North Rhine-Westphalia
,
Germany

51°26′53″N7°00′43″E / 51.448°N 7.012°E / 51.448; 7.012
CampusUrban
Website www.fom.de/en.html

The FOM University of Applied Sciences for Economics and Management is Germany's largest private university. [2] The business school is privately run, works in close co-operation with other universities, [3] [ third-party source needed ] and is state recognized. With more than 42,000 students the FOM is the largest private university in Germany. Also it has the biggest economic and business sciences faculty in Germany. [4]

Contents

The majority of students are working professionals. The range of courses offered centers on business, business administration, economic psychology and engineering. The FOM, founded in 1993, has traditionally close relationships with many major German companies. [5] [ third-party source needed ]

History

The university was founded in Essen in 1990 in order to cater to working people. On 18 September 1993 it received state recognition and in September 1994 it began operating. In the first year, there were 149 students studying Master of Business Administration. In 1998 they began to expand to other sites outside Essen. In 2005 they began offering courses in engineering in association with the Ruhr University Bochum.

In 2012, the university sued a former student for being too fast when completing 11 semesters worth of studies in only 4 semesters. [6]

The FOM is accredited by the FIBAA since 2006 as well as the German Council of Science and Humanities since 2004. [7] [8] [ third-party source needed ]

Locations

The main faculty is located in Essen. There are 35 other schools in Germany, located in Aachen, Arnsberg, Augsburg, Berlin, Bochum, Bonn, Bremen, Dortmund, Duisburg, Düsseldorf, Frankfurt am Main, Freiburg, Gütersloh, Hagen, Hamburg, Hannover, Herne, Karlsruhe, Kassel, Koblenz, Köln, Leipzig, Mainz, Mannheim, Marl, München, Münster, Neuss, Nürnberg, Oberhausen, Saarbrücken, Siegen, Stuttgart, Wesel and Wuppertal. There is also an FOM in Viena and in Luxembourg.

China

Since 2003 FOM has had two faculties in China, one near Beijing and the other in the Shandong province in co-operation with the Shanghai University of Finance and Economics.

Industry partners

The FOM has partnerships with more than 700 companies including 3M, Allianz, Deutsche Bank, RWE, Siemens, Deutsche Bahn, Bayer, HSBC Trinkaus, ThyssenKrupp, BMW, Vodafone, Ford, Deloitte and Ernst & Young. [9]

Scientific facilities and research institutes

The university maintains a total of 11 research institutes [10] and 15 "competence centers": [11]

Research emphasis on financial portfolio management, quantitative modeling and asset management.
Research emphasis on organization and employee relations, with an emphasis on the organization of worktime.
Research emphasis on logistics, service management, and operation research.
Research emphasis on employee and organizational theory, with emphasis on incentive systems and knowledge management.

The FOM is member of the Stifterverband für die Deutsche Wissenschaft. [17]

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References

  1. ↑ FOM – Current Issues
  2. ↑ The FOM announces new academic departments
  3. ↑ University cooperations
  4. ↑ Biggest economic and business sciences faculty in Germany
  5. ↑ "One of the nation's leading universities in economics". Koelner-wissenschaftsrunde. Archived from the original on 2 April 2015. Retrieved 31 March 2015.
  6. ↑ "University sues student who 'studied too fast' - The Local". www.thelocal.de. Archived from the original on 6 July 2012.
  7. ↑ Accreditation by the FIBAA and the Wissenschaftsrat
  8. ↑ "FOM Hochschule für Oekonomie & Management – University of Applied Sciences". Masters Portal.
  9. ↑ Company partners
  10. ↑ "Die Forschungsinstitute der FOM Hochschule".
  11. ↑ "Die KompetenzCentren der FOM Hochschule".
  12. ↑ Deutsches Institut für Portfolio-Strategien
  13. ↑ Prof. Dr. Eric Frère (director of the dips)
  14. ↑ Institut für Arbeit und Personal
  15. ↑ Institut für Logistik und Dienstleistungsmanagement
  16. ↑ Institut für Personal- und Organisationforschung
  17. ↑ Stifterverband für die Deutsche Wissenschaft
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