Schloss_und_Campus_der_EBS_Business_School

EBS Universität für Wirtschaft und Recht (literally "university for business and law"), more commonly referred to as EBS Universität or simply EBS, is a private, state-approved research university for business and law located in

Wiesbaden Wiesbaden () is a city in central western Germany and the capital of the state of Hesse. , it had 290,955 inhabitants, plus approximately 21,000 United States citizens (mostly associated with the United States Army). The Wiesbaden urban area ...

and Oestrich-Winkel, founded in 1971. The university's activities focus on three core areas: undergraduate degree programs, postgraduate degree programs and executive education. The EBS Universität has the right to award

doctorate A doctorate (from Latin ''docere'', "to teach"), doctor's degree (from Latin ''doctor'', "teacher"), or doctoral degree is an academic degree awarded by universities and some other educational institutions, derived from the ancient formalism ''l ...

s and

habilitation Habilitation is the highest university degree, or the procedure by which it is achieved, in many European countries. The candidate fulfills a university's set criteria of excellence in research, teaching and further education, usually including ...

s and is the oldest private university in Germany. With the foundation of its law faculty in 2010, the former European Business School was awarded university status in 2011, forming the EBS Universität für Wirtschaft und Recht. Notable alumni are, e.g., former CEO of Puma ( Jochen Zeitz), founder of

Vapiano Vapiano SE is a German restaurant franchise company headquartered in Cologne. The chain's restaurants offer Italian food adhering to the fast-casual principle. Vapiano was established in 2002 in Hamburg.

(Mark Korzilius), or former CEO of

Deutsche Telekom AG Deutsche Telekom AG (; short form often just Telekom, DTAG or DT; stylised as ·T·) is a German telecommunications company that is headquartered in Bonn and is the largest telecommunications provider in Europe by revenue. Deutsche Telekom was ...

(Kai-Uwe Ricke). Among the university's corporate partners, one can find

McKinsey McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest a ...

Bertelsmann Bertelsmann SE & Co. KGaA () is a German private multinational conglomerate corporation based in Gütersloh, North Rhine-Westphalia, Germany. It is one of the world's largest media conglomerates, and is also active in the service sector and ...

Clifford Chance Clifford Chance LLP is an international law firm headquartered in London, United Kingdom, and a member of the " Magic Circle", a group of London-based multinational law firms. It ranks as one of top ten largest law firms in the world measured ...

Daimler AG The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufactu ...

, or

UBS UBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres as the largest Swi ...

. Academic partnerships include

UC Berkeley The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Established in 1868 as the University of California, it is the state's first land-grant uni ...

Bocconi University Bocconi University ( it, Università Commerciale Luigi Bocconi, ) is a private university in Milan, Italy. Bocconi provides education in the fields of economics, finance, law, management, political science, public administration and comput ...

, CEIBS,

Sciences Po , motto_lang = fr , mottoeng = Roots of the Future , type = Public research university'' Grande école'' , established = , founder = Émile Boutmy , accreditation ...

National University of Singapore The National University of Singapore (NUS) is a national public research university in Singapore. Founded in 1905 as the Straits Settlements and Federated Malay States Government Medical School, NUS is the oldest autonomous university in th ...

, and

McGill University McGill University (french: link=no, Université McGill) is an English-language public research university located in Montreal, Quebec, Canada. Founded in 1821 by royal charter granted by King George IV,Frost, Stanley Brice. ''McGill Univer ...

History

EBS was founded in

Offenbach am Main Offenbach am Main () is a city in Hesse, Germany, on the left bank of the river Main. It borders Frankfurt and is part of the Frankfurt urban area and the larger Frankfurt Rhein-Main urban area. It has a population of 138,335 (December 2018). ...

as a

University of Applied Sciences A university of applied sciences (UAS), nowadays much less commonly called a polytechnic university or vocational university, is an institution of higher education and sometimes research that provides vocational education and grants academic de ...

by Klaus Evard in 1971. The young institution was named the European Business School. The original concept provided for a European-style leadership training program with three locations in France, England and Germany. To this day, the EBS study programme is characterised by several practical periods of study abroad, integrated semesters abroad and a school-based structure. In 1980 the School moved to Schloss Reichartshausen in Oestrich-Winkel in the

Rheingau The Rheingau (; ) is a region on the northern side of the Rhine between the German towns of Wiesbaden and Lorch near Frankfurt, reaching from the Western Taunus to the Rhine. It is situated in the German state of Hesse and is part of the Rhein ...

. In 1985 a second university building (the "Burg") was added in Oestrich-Winkel. In 1989 it was awarded higher education status, 1992 it was finally recognised as a scientific university by the Hessian Minister of Science. This step was followed by the separation of EBS Schloss Reichartshausen from the international network of European Business Schools, which had developed into a network in the 1980s. Since then, EBS has been cooperating with independent universities worldwide. In 1993 it was awarded the right to confer

doctoral degrees A doctorate (from Latin ''docere'', "to teach"), doctor's degree (from Latin ''doctor'', "teacher"), or doctoral degree is an academic degree awarded by universities and some other educational institutions, derived from the ancient formalism ''l ...

and in 1998 the right to confer post-doctoral (professorial) qualifications. On 16 June 2010, the EBS Law School was founded as a second faculty alongside the EBS Business School and "Universität in Gründung" (University under formation) status was gained. The EBS Law School is located in

and is the official seat of EBS the Universität. Since September 2011 the EBS Universität für Wirtschaft und Recht has the official status of a university. In December 2018 the third EBS Executive School faculty was founded.

Campus

The EBS maintains a total of three locations for teaching, research, and administrative purposes. The two largest campuses are located in

and Oestrich-Winkel. The newer

campus houses the EBS Law School, while Reichartshausen castle at the larger and older Oestrich-Winkel campus houses the EBS Business School.

Organization and administration

Shareholders of the EBS Universität für Wirtschaft und Recht gGmbH are SRH Higher Education GmbH, a wholly owned subsidiary of the non-profit foundation SRH, and the alumni association EBS Alumni e.V. President 2016-2020: Markus Ogorek President 2021 - today: Günther H. Oettinger Rector 2021 - today: Prof. Martin Boehm

Academic profile

The EBS Universität offers degree programmes at the

undergraduate Undergraduate education is education conducted after secondary education and before postgraduate education. It typically includes all postsecondary programs up to the level of a bachelor's degree. For example, in the United States, an entry-le ...

and graduate levels. The EBS Business School offers traditional German

business Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separ ...

and

economics Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics anal ...

(Betriebswirtschaftslehre) education as well as specialized MSc programmes in

Management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activitie ...

Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of f ...

, and other areas. The EBS Law School offers degree courses leading to the German State Examination in jurisprudence. Both faculties also offer

doctoral A doctorate (from Latin ''docere'', "to teach"), doctor's degree (from Latin ''doctor'', "teacher"), or doctoral degree is an academic degree awarded by universities and some other educational institutions, derived from the ancient formalism '' l ...

programmes and award

s. A personal

coach Coach may refer to: Guidance/instruction * Coach (sport), a director of athletes' training and activities * Coaching, the practice of guiding an individual through a process ** Acting coach, a teacher who trains performers Transportation * Coac ...

is available to all students and doctoral candidates to support them throughout their studies. The University also offers a range of executive education programmes for specialists and managers. EBS is a member of the academic section of the

UN Global Compact The United Nations Global Compact is a non-binding United Nations pact to encourage businesses and firms worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The UN Global Compact is a princi ...

, a global initiative to promote

corporate citizenship Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethicall ...

. In addition to business-related research, EBS has a chair of

Philosophy of Science Philosophy of science is a branch of philosophy concerned with the foundations, methods, and implications of science. The central questions of this study concern what qualifies as science, the reliability of scientific theories, and the ultim ...

and an Institute for

Business Ethics Business ethics (also known as Corporate Ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business c ...

. Advanced training Since December 2018, the EBS Executive School has been offering part-time continuing education programs and certificate programs.
EBS Campus Schloss Blick von der Kiep Terrasse

EBS Campus Schloss Blick von der Kiep Terrasse

Student life

Students work together in numerous student initiatives to address social issues, organize events and congresses, or consult small and mid-sized businesses. One notable event is the annual EBS Symposium, which brings together renowned personalities of business and politics with students and journalists to discuss current business issues.

Accreditations

EQUIS The EFMD Quality Improvement System (EQUIS) is an international school accreditation system. It specializes in higher education institutions of management and business administration, run by the European Foundation for Management Development (EFM ...

: The EBS was accredited by

from 2012 to 2016. The EBS did not fulfill the criteria for the reaccreditation of EQUIS in 2015 as ruled by the EFMD, but was granted the right to go through the reaccreditation process once again in 2016. In December 2016, EBS lost its EQUIS accreditation by failing to satisfy the requirements of the EFMD. *

FIBAA The Foundation for International Business Administration Accreditation (FIBAA) is recognised accreditation body in all German speaking countries (Germany-Switzerland-Austria), FIBAA was founded in 2002 to accredit schools of business. Since the la ...

: All programs are

accredited Accreditation is the independent, third-party evaluation of a conformity assessment body (such as certification body, inspection body or laboratory) against recognised standards, conveying formal demonstration of its impartiality and competence to ...

by the

Foundation for International Business Administration Accreditation The Foundation for International Business Administration Accreditation (FIBAA) is recognised accreditation body in all German speaking countries (Germany-Switzerland-Austria), FIBAA was founded in 2002 to accredit schools of business. Since the la ...

(FIBAA) * Since 2012 EBS holds the institutional accreditation by the German Council of Science and Humanities. *EBS University of Economics and Law is partner of Association to Advance Collegiate Schools of Business (

AACSB The Association to Advance Collegiate Schools of Business, also known as AACSB International, is an American professional organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to ...

)

Rankings

According to the Financial Times, EBS was ranked sixth overall in Germany in 2016, after

Mannheim Mannheim (; Palatine German: or ), officially the University City of Mannheim (german: Universitätsstadt Mannheim), is the second-largest city in the German state of Baden-Württemberg after the state capital of Stuttgart, and Germany's ...

ESMT Berlin The European School of Management and Technology, also known as ESMT Berlin, is a private non-profit business school based in Berlin, Germany. The business school was founded in 2002 by 25 global companies and institutions including McKinsey & C ...

WHU – Otto Beisheim School of Management The WHU – Otto Beisheim School of Management is a top 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 Unternehme ...

and

Handelshochschule Leipzig HHL Leipzig Graduate School of Management, formerly known as Handelshochschule Leipzig, is a private business school based in Saxony, Germany. Established in 1898, it is one of the world's oldest business schools. The school is accredited intern ...

. Since 2017, it did not make any of the FT rankings.

Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...

-Ranking :Master in Management :: 2014: #4 in Germany and #14 worldwide; #1 worldwide in "Corporate Strategy" and "Organisational Behaviour" :: 2015: #2 in Germany and #11 worldwide CHE-Hochschulranking : Bachelor (Business School) :: 2014/15: Ranked among the best in 5 of the 5 considered evaluated areas ::2017: Top Tier Law (Law School): :2017: Top Tier : Master (Business School) :: 2014/15: Ranked among the best in 5 of the 5 considered evaluated areas ::2017: Top 6

Eduniversal Eduniversal is a university ranking business by the French consulting company and rating agency ''SMBG'' specialized in Higher Education. Founded in 1994, one of the main goals of Eduniversal is to provide a tool, for students all around the world, ...

Ranking :: 2013: ::Best Master in General Management in Western Europe: #14 ::Best Master in Real Estate worldwide: #14 ::2014/15: ::: Business School: #3 in Germany. ::: Master in Management: #2 in Germany and #14 in Europe. ::: Master in Real Estate Management: #1 in Germany and #2 worldwide ::: Master in Financial Markets: #1 in Germany and 17 worldwide ::: MBA Full-Time: #3 in Germany and #25 in Western Europe ::: Exec. MBA Part-Time: #2 in Germany and #19 in Western Europe 2016: ::#3 in Germany: Universal business schools with major international influence ::Best Master in Real Estate worldwide: #3 ::Best Master in Innovation and project Management in Western Europe: #11 ::2017: ::#3 in Germany: TOP Business school with significant international influence ::Best Master in Real Estate worldwide: #2 ::Best Master in General Management in Europe: #14 ::2018: ::Best Master in Financial Markets worldwide: #21 ::Best Master in Financial Markets Germany: #1 ::Best Master in General Management in Europe: #13 ::Best Master in Real Estate worldwide: #2 ::Best EMBA in Europe: #27 ::Best MBA in Europe: #22 ::Best Master in Innovation and project Management in Europe: #7 : U-Multirank: :2014: Top Tier :2017: Top Tier

Presidents

* Klaus Evard *Walter Leisler Kiep *Hans Tietmeyer * Christopher Jahns * Rolf Cremer * Rolf Wolff *Markus Ogorek *Günther H. Oettinger

Alumni

The alumni association

Founded in 1971, the EBS's Alumni Association is one of the oldest and largest networks of alumni in Germany, with over 3,400 members. In 2008 the EBS Alumni Association initiated the Alumni Alliance, a strategic cooperation between the Harvard Clubs of Germany, Stanford Alumni Rhein-Main Frankfurt, HSG Alumni St. Gallen Frankfurt, and ETH Alumni Zürich and Frankfurt.

List of notable alumni

* Cornelius Boersch, Business Angel * Prince Maximilian of Liechtenstein, CEO

LGT Group LGT Group is the largest family-owned private banking and asset management group in the world. LGT, originally known as The Liechtenstein Global Trust, is owned by the princely House of Liechtenstein through the Prince of Liechtenstein Foundation ...

* Philipp Schindler, Senior Vice President and Chief Business Officer at

Google Google LLC () is an American Multinational corporation, multinational technology company focusing on Search Engine, search engine technology, online advertising, cloud computing, software, computer software, quantum computing, e-commerce, ar ...

* Jochen Zeitz, CEO of Puma * Mark Korzilius, founder of

* Rolf Hansen, Christian Magel and Thomas S. Enge, founders of Simyo GmbH * Kai-Uwe Ricke, former CEO of

* Martin Krebs, CEO of

ING-DiBa The ING Group ( nl, ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banki ...

* Jan-Henrik Lafrentz, CFO of MAN Truck & Bus AG * Markus Schrick, CEO of Hyundai Motor Deutschland GmbH

International network

The EBS maintains a global network of 270 partner universities.

Controversies

New EBS students caught attention in September 2010 as they over-consumed alcohol in September 2010 in very close proximity to the university as part of a

freshman A freshman, fresher, first year, or frosh, is a person in the first year at an educational institution, usually a secondary school or at the college and university level, but also in other forms of post-secondary educational institutions. Ara ...

ritual. The foundation of the EBS Law School should initially be funded by the state Hesse and the city Wiesbaden with 25 million euro. This was especially criticized because the budgets of public universities were cut at the same time. In April 2011 it became known, that the public support was double than initially planned, now accounting for 50 million euro. At the end of April the Hessian Ministry for Science announced to examine the reports on expenditure of funds and to freeze all aid money. As a result of the examinations the university had to repay 950,000 Euro, which were during the presidency of Christopher Jahn used for other causes than for the startup of the law school. In the parliamentary commission of inquiry of the State of Hesse as to the potential abuse by EBS of subsidies granted for the setting up of the new law faculty former EBS head of financial affairs Klaus-Peter Niesik in 2013 admitted that EBS had manipulated and brightened data in order to get State subsidies leading to the abuse of tax money. Inquiries by state prosecutors because of a potential fraud at the expense of the State of Hesse led to another state prosecutor raid at the premises of leading EBS management staff on April 9, 2014. A total of four offices and the flats of three indicted actual and former EBS management staff members were searched. The two related preliminary proceedings against the accused persons and against EBS University for an administrative offence pursuant to Section 170 (2) of the Code of Criminal Procedure have been discontinued. This means that the public prosecutor's office in Frankfurt has not established sufficient suspicion.

Filmography & books

* ''Gestatten: Elite – Auf den Spuren der Mächtigen von morgen.'' (Engl.: Meet the elite – On the trail of tomorrows powerful) Book, Hoffmann und Campe, Hamburg 2008, * ''"grow or go“. The Architects of the "global village“.'' Documentary, Germany 2003, 94 Min., Buch: Marc Bauder, Dörte Franke, Regie: Marc Bauder, Produktion: ZDF, Das kleine Fernsehspiel (Four absolvents are followed on their way to become consultants) * ''„Von Anfang an Elite“'' (Engl.: Elite from the beginning). Documentary, Deutschland 2008, 45 Min., Buch: Julia Friedrichs, Eva Müller, Produktion: WDR, Die Story * ''„Die jungen Manager“'' (Engl.: The young managers). Documentary about the expectations of the future managers, Germany, 5.06 Min., 25. März 2013

References

External links

*
EBS Alumni Association

EBS Symposium official website

EBSpreneurship official website
{{Authority control EBS Business School Education in Wiesbaden Educational institutions established in 1971 Rheingau SRH Holding Private universities and colleges in Germany