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
Established 1993
Type Private
Chancellor Dr. Harald Beschorner
Rector Prof. Dr. Burghard Hermeier
Students 21,000 (March 2012)[1]
Location Essen and several more, North Rhine-Westphalia, Germany
Campus Urban
Nickname FOM

The FOM (University of Applied Sciences for Economics and Management) is a German university. The business school is privately run, works in close co-operation with other universities,[2] and is state recognized. With more than 21,000 students the FOM has the biggest economic and business sciences faculty in Germany.[3]

The majority of students are working professionals. The range of courses offered centers around business, business administration and engineering. The FOM, founded in 1990, has traditionally close relationships with many major German companies.


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 1st 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.

The FOM is accredited by the FIBAA and the German Council of Science and Humanities.[4]


The main faculty is located in Essen. There are 31 other schools in Germany, located in Aachen, Augsburg, Berlin, Bochum, Bonn, Böhnen, Bremen, Darmstadt, Dortmund, Duisburg, Düsseldorf, Frankfurt am Main, Freiburg, Gütersloh, Hagen, Hamburg, Hannover, Kassel, Köln, Leipzig, Mannheim, Marl, München, Münster, Neuss, Nürnberg, Offenbach, Siegen, Stuttgart, Wesel and Wuppertal. There is also an FOM 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.

Industry partners[edit]

The FOM has partnerships with more than 700 companies including 3M, Allianz, Deutsche Bank, RWE, Siemens, Deutsche Bahn, Bayer, HSBC Trinkaus, ThyssenKrupp, BMW, Vodafone, Deloitte and Ernst & Young.[5]

Degrees awarded[edit]



  • Master of Science:
    • Business Information Technology
    • Coaching
    • Corporate Communication
    • Finance & Accounting
    • Human Resource Management
    • IT-Management
    • Logistik
    • Sales Management
    • Technologie- und Innovationsmanagement
    • Wirtschaftspsychologie

Research institutes[edit]

  • dips Deutsches Institut für Portfolio-Strategien[6][7]
Research emphasis on financial portfolio management, quantitative modeling and asset management.
  • iap Institut für Arbeit und Personal[8]
Research emphasis on organization and employee relations, with an emphasis on the organization of worktime.
  • ild Institut für Logistik und Dienstleistungsmanagement[9]
Research emphasis on logistics, service management, and operation research.
  • ipo Institut für Personal- und Organisationforschung[10]
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.[11]


External links[edit]

Coordinates: 51°26′53″N 7°00′43″E / 51.448°N 7.012°E / 51.448; 7.012