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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]
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 ]
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 ]
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.
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.
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]
The university maintains a total of 11 research institutes [10] and 15 "competence centers": [11]
The FOM is member of the Stifterverband für die Deutsche Wissenschaft. [17]
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