FOM University of Applied Sciences for Economics and Management explained

University of Applied Sciences for Economics and Management
Established:1993
Type:Private
Rector:Burghard Hermeier
Chancellor:Harald Beschorner
Students:42,500 (July 2017)[1]
City:Essen, North Rhine-Westphalia
Country:Germany
Campus:Urban
Other Name:FOM
Address:Herkulesstraße 32, 45127
Coor:51.448°N 7.012°W

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] 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]

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]

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]

External links

Notes and References

  1. https://www.fom.de/2015/februar/vorhang-auf-fom-stellt-neue-hochschulbereiche-vor-1.html FOM – Current Issues
  2. https://www.fom.de/2015/februar/vorhang-auf-fom-stellt-neue-hochschulbereiche-vor-1.html The FOM announces new academic departments
  3. http://www.en.fom.de/university-cooperations.html University cooperations
  4. http://newsletter.bildungscentrum.de/archiv/index75cf.html?id=866 Biggest economic and business sciences faculty in Germany
  5. One of the nation's leading universities in economics. Koelner-wissenschaftsrunde. 31 March 2015. https://web.archive.org/web/20150402110933/http://www.koelner-wissenschaftsrunde.de/artikel-institutions-of-higher-education/fom-university-of-applied-sciences-for-economics-management/?lang=en. 2 April 2015. dead.
  6. Web site: University sues student who 'studied too fast' - The Local . www.thelocal.de . dead . https://web.archive.org/web/20120706120324/http://www.thelocal.de/education/20120703-43517.html . 2012-07-06.
  7. http://www.fom.de/ Accreditation by the FIBAA and the Wissenschaftsrat
  8. FOM Hochschule für Oekonomie & Management – University of Applied Sciences. Masters Portal.
  9. http://www.en.fom.de/fom-and-company-partners.html Company partners
  10. Web site: Die Forschungsinstitute der FOM Hochschule .
  11. Web site: Die KompetenzCentren der FOM Hochschule .
  12. http://www.fom-dips.de/ Deutsches Institut für Portfolio-Strategien
  13. http://www.fom.de/aktuelles-storage/2013/forschung-im-portraet-das-dips-deutsche-institut-fuer-portfolio-strategien.html Prof. Dr. Eric Frère (director of the dips)
  14. http://www.fom.de/iap.html Institut für Arbeit und Personal
  15. http://www.fom.de/forschung/institute/ild-institut-fuer-logistik-und-dienstleistungsmanagement/das-ild-auf-einen-blick.html Institut für Logistik und Dienstleistungsmanagement
  16. http://www.fom.de/forschung/institute/ipo.html Institut für Personal- und Organisationforschung
  17. http://www.fom.de/aktuelles-storage/2013/fom-hochschule-in-den-stifterverband-fuer-die-deutsche-wissenschaft-aufgenommen.html Stifterverband für die Deutsche Wissenschaft

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