WHU – Otto Beisheim School of Management

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WHU – Otto Beisheim School of Management
WHU Logo.svg
MottoExcellence in management education
TypePrivate research university Business school
Established1984
DeanMarkus Rudolf [de]
Academic staff
40 full professors, 19 assistant professors, 3 adjunct professors, 230 non-academic staff members (Sept. 2021)
Students1,880 (September 2021)
Location, ,
CampusVallendar and Düsseldorf
Colors   Blue and white
AffiliationsAACSB, EQUIS
Websitewww.whu.edu

The WHU – Otto Beisheim School of Management is a German business school with campuses in Vallendar and Düsseldorf, Germany. WHU was founded in 1984 by the Koblenz Chamber of Commerce as the Wissenschaftliche Hochschule für Unternehmensführung; the name was modified in 1993 to honour WHU's benefactor, the businessman Otto Beisheim.[1] As of September 2021, there are 1,880 students (including doctoral students) at WHU, about 230 employees and 59 professors (including assistant professors).[2] WHU is widely regarded as one of the most prestigious business schools in the German-speaking world (DACH).[3][4][5]

WHU is known for its master's program in management, which has been favourably ranked by numerous publications.[6][7][8] It maintains a global network of more than 200 partner universities, while also offering numerous double degree programs.[9] The school is also well known for its entrepreneurship programs and has the fourth highest number of unicorn-founding alumni in the world.[10][11]

Study programs[edit]

The Marienburg in Vallendar is the main building of WHU.

WHU offers numerous study programs. The language of instruction for the bachelor's program is English or German, while all master's programs are taught entirely in English.[12]

Tuition and selection process[edit]

The tuition fee per academic year 2020/2021 for WHU's undergraduate students is €13,800 for those who are citizens of EEA countries and Switzerland, and €21,900 for citizens of non-EEA countries.[13] The tuition fee for the Master of Science in management, finance and entrepreneurship programs are €24,300 for the 90 credit track and €32,400 for the 120 credit track.[14] Scholarships, tuition waivers and financial aid schemes are available for eligible students.

The selection process for the undergraduate programmes consists of two separate parts. Students are preselected according to their academic and personal achievements and are offered a chance to compete for one of the roughly 200 seats per year at the final selection day. During that day, candidates deliver presentations, are interviewed by representatives of the private business sector and undergo an analytical IQ Test.

Accreditations[edit]

All WHU degree programs are recognized by the German state and accredited by the Foundation for International Business Administration Accreditation (FIBAA). In addition, WHU holds accreditations from the Association to Advance Collegiate Schools of Business (AACSB) and from the European Quality Improvement System (EQUIS).[15] Together with ESMT Berlin, the Frankfurt School of Finance & Management and the University of Mannheim, WHU is one of only four German business schools to be accredited by both the AACSB and EQUIS.

Rankings[edit]

Germany Worldwide Notes on German ranking
Financial Times - Global MBA 2021 1st 54th 1st since 2019
Financial Times - Master in Management 2020 1st 12th 1st since 2012 (except 2016)
Financial Times - Master in Finance 2020 1st 22nd Debuted as highest entrant in 2020
Financial Times - Top MBAs for Entrepreneurship 1st 6th Ranking discontinued
Financial Times - Executive MBA 2020 1st 16th 1st since 2003 (except 2004,06,07)
The Economist - Master in Management 2019 1st 7th 1st since 2017 (inaugural ranking)
The Economist - Executive MBA 2020 1st 4th 1st since 2013 (inaugural ranking)
The Economist - Which MBA? 2021 3rd 63rd Top 3 since 2012 (except 2018)
QS - Global MBA 2021 3rd 58th Top 3 since 2018 (inaugural ranking)
QS - Executive MBA (Joint Programs) 2020 1st 7th 1st since 2018 (inaugural ranking)
QS - Master in Management 2020 1st 13th 1st since 2018 (inaugural ranking)
QS - Master in Finance 2020 1st 22nd 1st since 2018 (inaugural ranking)
Times Higher Education - Master in Management 2019 2nd 3rd Ranking discontinued

WHU's master's program in management was Germany's top-ranked program for nine years in the last decade by the Financial Times, including for five consecutive years between 2013 and 2017.[16][17][18][19][20] The Economist ranked WHU third worldwide in its inaugural Master in Management ranking published in 2017.[21] In 2019, Times Higher Education ranked WHU third worldwide in its Master in Management ranking.[6] As of 2020, WHU's placement and career services departments have been ranked among the top two worldwide for the eleventh time in a row by the Financial Times' Masters in Management rankings.[22] WHU has maintained the first position in Germany in every Master in Management ranking published by The Economist and QS till date.[23][24]

In 2020, the Financial Times ranked WHU first in Germany for all its programs: MBA, Master in Management, Executive MBA, and Master in Finance.[25][26][27][28] In the list of business schools with the most unicorn-founding alumni, WHU is placed fourth globally, tying with INSEAD, behind Harvard Business School, the Stanford Graduate School of Business and the Wharton School.[10] According to the BYU PhD ranking that tracks alumni publications in 12 leading accounting journals, the doctoral program placed fifth worldwide in the Managerial Accounting category.[29] WHU's SCM Group ranked first in Germany and sixth globally for Supply Chain Management empirical research in 2020 according to the SCM Journal List ranking.[30]

As of 2020, WHU's joint Executive MBA program with the Kellogg School of Management has been placed first in Germany for the twelfth time in a row by Financial Times. In The Economist ranking of EMBA programs in 2020, the joint Kellogg-WHU EMBA Program ranked first in Germany for the fourth time in a row and fourth worldwide.[31]

Faculty[edit]

The faculty at WHU is organized into six groups: Finance and Accounting, Economics, Entrepreneurship, Management, Marketing and Sales, and Supply Chain Management. As of September 2021, there are 40 full professors and 19 assistant professors at WHU who teach at the undergraduate and graduate levels and contribute to the business school's research output.[32]

Department Chairholder
Mergers & Acquisitions Nihat Aktas
Empirical Corporate Finance Christian Andres
Entrepreneurship II Malte Brettel
Marketing Tim Oliver Brexendorf
Technology and Innovation Management Holger Ernst
Entrepreneurship, Innovation and Technological Transformation Dries Faems
Strategy and Marketing Martin Fassnacht
Monetary Economics Ralf Fendel
Macroeconomics and International Economics Michael Frenkel
Leadership Fabiola H. Gerpott
International Accounting Martin Glaum
Small and Medium-Sized Enterprises Christina Günther
Economic and Social Policy Christian Hagist
Market Research Walter Herzog
Entrepreneurship I Christoph Hienerth
Production Management Arnd Huchzermeier
Finance, Accounting and Taxation Martin Jacob
Sales Management and B2B Marketing Ove Jensen
Empirical Capital Market Research Lutz Johanning
Organizational Theory Peter-J. Jost
Family Business Nadine Kammerlander
Corporate Management and Change Ayse Karaevli
International Business and Supply Management I Lutz Kaufmann
Strategic Management Jane Lê
Econometrics and Statistics Michael Massmann
Organizational Behavior Miriam Müthel
Innovation and Corporate Transformation Serden Özcan
International Business and Supply Management II Felix Reimann
Institute of Management Accounting and Control Marko Reimer
Finance Markus Rudolf
Institute of Management Accounting and Control Utz Schäffer
Household Finance Nic Schaub
Digital Marketing Christian Schlereth
Sports and Management Sascha L. Schmidt
Operations Management Liji Shen
Logistics Management Stefan Spinler
Demand Management & Sustainable Transport Arne Strauss
Service Psychology Tillmann Wagner
Logistics and Services Management Carl Marcus Wallenburg
Behavioral Finance Mei Wang
Industrial Organization Jürgen Weigand
Corporate Finance B. Burcin Yurtoglu

The faculty includes the following centers: WHU Asia Center, Biopharma Management Center, Center for Collaborative Commerce, Center for Controlling & Management, Entrepreneurship Center, Center for European Studies, Center of Asset and Wealth Management, Center for Sports and Management, Financial Accounting and Tax Center, Henkel Center for Consumer Goods, Center for Market-Oriented Corporate Management, Center for Responsible Leadership and Wipro Center for Business Resilience.[33]

Student body[edit]

WHU student clubs

Students at WHU founded a large variety of student clubs.[34] Among them are the conferences of the "Campus for..." - series:

  • WHU – Campus for Finance[35]
  • WHU – Campus for Supply Chain Management[36]
  • WHU – Campus for Controlling[37]
  • WHU – Campus for Strategy and Leadership[38]
  • WHU – Campus for Marketing[39]
  • WHU – Campus for Sales[40]
  • WHU – Campus for Corporate Transformation (although part of the "WHU Campus for" series of conferences, the WHU CCT conference was not a student initiative, but was organized by Serden Özcan, Chairholder of the Otto Beisheim Endowed Chair of Innovation and Corporate Transformation at WHU)[41][42]

Further student clubs are:

  • 3 Day Startup[43]
  • BusinessMeetsTech
  • WHU Charity Concerts
  • confluentes[34]
  • Diversity & LGBT at WHU[44]
  • Enactus WHU[34]
  • Entrepreneurship Roundtable[45]
  • FEM. - The WHU Female Leadership Initiative
  • forumWHU
  • WHU Music Club
  • WHU Sports Club (HSSV)[34]
  • IdeaLab![34]
  • In Vino Veritas
  • RCDS at WHU (Ring of Student Christian Democrats)
  • SAIDIA Consulting[34]
  • SensAbility[34]
  • SmartUp![34]
  • Start-Up Academy (by Jugend gründet & WHU)
  • WHU Students' Theater Group[34]
  • TEDx WHU[34]
  • Tradity meets WHU
  • Vallendar Integration Program (VIP)
  • WHU Finance Society e.V.[34]
  • WHU Debate Society
  • WHU Euromasters[34]
  • WHU Family Business Club
  • WHU First Responder[34]
  • WHU GenerationsCup
  • WHU Golf
  • WHU Inside Business - video magazine
  • WHU MBA Consulting Club
  • WHU Social Democratic and Ecological Association (Fostering socio-political awareness at WHU)
  • WHU Students Help e.V.[46]
  • WHU Walks for Charity
  • WHU Women in Business

Notable people[edit]

Honorary professors[edit]

Alumni[edit]

  • Birgit Bohle, CEO of DB Fernverkehr
  • Thomas Buberl, CEO of Axa Group[47]
  • Julian Deutz, CFO of Axel Springer, diploma[48]
  • Robert Gentz, founder and board member of Zalando, diploma 2007[49]
  • Armin Grossklaus, CFO of ATC Group / Oklahoma City, Detroit, US
  • Michael Haenlein, professor at ESCP Europe, diploma 1999
  • Jan Heitmann, poker player
  • Andreas Herrmann, professor at University of St. Gallen
  • Christoph Israng, German diplomat
  • Philipp Justus, managing director of Google Germany, Austria and Switzerland
  • Ulrich Lichtenthaler, German economist
  • Matthias Muck, Professor at University of Bamberg
  • Andreas Nick, Member of the Bundestag (German parliament), diploma 1990, PhD 1994[50]
  • Matthias J. Rapp, CFO of TÜV SÜD AG[51]
  • Thorsten Reitmeyer, former CEO of Comdirect bank
  • Dominik Richter, founder and CEO of HelloFresh
  • Oliver Samwer, CEO of Rocket Internet, diploma[52]
  • Christoph Schweizer, CEO-Elect of The Boston Consulting Group (BCG)[53]
  • David Schneider, founder and board member of Zalando, diploma 2007[49]
  • Stephan Schubert, founder OnVista
  • Margret Suckale, board member of BASF, EMBA[54]
  • Marco Vietor, founder audibene
  • Axel Wieandt, German bank manager
  • Saygin Yalcin, founder and CEO of SellAnyCar.com
  • Oliver Zipse, board member of BMW, EMBA 1997[55]

References[edit]

  1. ^ "Kaplan A.: European Management and European Business Schools: Insights from the History of Business Schools". European Management Journal. 32: 529–534. doi:10.1016/j.emj.2014.03.006.
  2. ^ "About WHU - whu.edu". www.whu.edu.
  3. ^ Deininger, Roman. "WHU Otto Beisheim School of Management: Geld und Moral". Süddeutsche.de (in German). Retrieved 2022-06-19.
  4. ^ "ZEIT ONLINE | Lesen Sie zeit.de mit Werbung oder im PUR-Abo. Sie haben die Wahl". www.zeit.de. Retrieved 2022-06-19.
  5. ^ "WHU - Otto Beisheim School of Management". Top Universities. Retrieved 2022-06-19.
  6. ^ a b "THE/WSJ business school report". 6 December 2018.
  7. ^ "Executive Masters in Management Ranking" – via The Economist.
  8. ^ "Masters in Management" – via Financial Times.
  9. ^ "Global Partner Network - WHU – Otto Beisheim School of Management". www.whu.edu. Retrieved 2017-03-13.
  10. ^ a b "B-Schools With The Most 'Unicorn' Founders". 3 March 2017.
  11. ^ "Top MBAs for entrepreneurship" – via Financial Times.
  12. ^ "WHU at a Glance - WHU – Otto Beisheim School of Management". www.whu.edu. Retrieved 2017-10-17.
  13. ^ "We help you find ways to finance your studies | WHU". whu.edu. Retrieved 21 July 2020.
  14. ^ "Invest in your future - Master of Science Fees & Financing | WHU". whu.edu. Retrieved 21 July 2020.
  15. ^ "About WHU". whu.edu. Retrieved 2020-02-13.
  16. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  17. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  18. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  19. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  20. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  21. ^ "Masters in Management 2017 Ranking". May 28, 2017 – via The Economist.
  22. ^ "Masters in Management Ranking 2020" – via Financial Times.
  23. ^ "Masters in Management 2019 Ranking" – via The Economist.
  24. ^ "QS Business Masters Rankings". www.topuniversities.com.
  25. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  26. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  27. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  28. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  29. ^ "BYU Accounting rankings: Ph.D. programs".
  30. ^ "The SCM Journal List".
  31. ^ "Executive MBA Ranking 2020" – via The Economist.
  32. ^ "Faculty". WHU – Otto Beisheim School of Management. Retrieved March 15, 2022.
  33. ^ "Centers - WHU – Otto Beisheim School of Management". www.whu.edu.
  34. ^ a b c d e f g h i j k l m "WHU Student Clubs - whu.edu". www.whu.edu.
  35. ^ "Campus for Finance - WHU – Otto Beisheim School of Management". www.whu.edu.
  36. ^ "Campus for Supply Chain Management - WHU – Otto Beisheim School of Management". www.whu.edu.
  37. ^ "Konferenz - WHU Campus for Controlling - Campus for Controlling". www.campus-for-controlling.de.
  38. ^ "Campus for Strategy & Leadership - WHU – Otto Beisheim School of Management". www.whu.edu.
  39. ^ "Campus for Marketing - WHU – Otto Beisheim School of Management". www.whu.edu.
  40. ^ "WHU - Campus for Sales - WHU – Otto Beisheim School of Management". www.whu.edu.
  41. ^ https://corporate-transformation.net/
  42. ^ "Innovation and Corporate Transformation | WHU".
  43. ^ "3 Day Startup - WHU – Otto Beisheim School of Management". www.whu.edu.
  44. ^ "News Singleview - WHU – Otto Beisheim School of Management". www.whu.edu.
  45. ^ "Entrepreneurship Roundtable - whu.edu". www.whu.edu.
  46. ^ "WHU Students Help - whu.edu". www.whu.edu.
  47. ^ "Thomas Buberl | AXA". AXA.com.
  48. ^ "Archived copy". www.axelspringer.de. Archived from the original on 15 April 2014. Retrieved 14 January 2022.{{cite web}}: CS1 maint: archived copy as title (link)
  49. ^ a b "The Management Board". Zalando Corporate Website.
  50. ^ "Deutscher Bundestag - Nick, Andreas". Deutscher Bundestag.
  51. ^ "Leadership | TÜV SÜD | TÜV SÜD". Tuev-sued.de. Retrieved 2020-02-13.
  52. ^ "Archived copy". Archived from the original on 2015-03-23. Retrieved 2015-04-22.{{cite web}}: CS1 maint: archived copy as title (link)
  53. ^ "BCG's New CEO-Elect Christoph Schweizer | BCG".
  54. ^ "Archived copy". www.basf.com. Archived from the original on 3 March 2017. Retrieved 14 January 2022.{{cite web}}: CS1 maint: archived copy as title (link)
  55. ^ "CV Oliver Zipse, Chairman of the Board of Management of BMW AG". www.press.bmwgroup.com.

External links[edit]

Coordinates: 50°24′01″N 7°36′49″E / 50.4003°N 7.6135°E / 50.4003; 7.6135