The Hanseatic University (HU) in

Rostock Rostock (), officially the Hanseatic and University City of Rostock (german: link=no, Hanse- und Universitätsstadt Rostock), is the largest city in the German state of Mecklenburg-Vorpommern and lies in the Mecklenburgian part of the state, c ...

Warnemünde (, literally ''Mouth of the Warnow'') is a seaside resort and a district of the city of Rostock in Mecklenburg, Germany. It is located on the Baltic Sea and, as the name implies, at the estuary of the river Warnow. is one of the world's busie ...

was a private university in

Rostock, Germany Rostock (), officially the Hanseatic and University City of Rostock (german: link=no, Hanse- und Universitätsstadt Rostock), is the largest city in the German States of Germany, state of Mecklenburg-Vorpommern and lies in the Mecklenburgian p ...

. Founded in 2007, it was the second private institution of higher education in Germany to be granted university status by the government. In August 2008, when it had three students, it ceased activities, and it finally closed down March 2009.

History

In 2002, the two business consultants Peter L. Pedersen and Knut Einfeldt took part in a business plan contest by the government of the German state of

Mecklenburg-Vorpommern Mecklenburg-Vorpommern (MV; ; nds, Mäkelborg-Vörpommern), also known by its anglicized name Mecklenburg–Western Pomerania, is a state in the north-east of Germany. Of the country's sixteen states, Mecklenburg-Vorpommern ranks 14th in po ...

, presented a plan for setting up a private university operated as a business institution, and won the first and third prize. In 2003, the decision was made to establish the private university in

, which was then narrowed down to the city of Rostock in 2004. The company set to run the university was formed in September 2004. In spring of 2007, Educationtrend AG, a holding from

Hamburg (male), (female) en, Hamburger(s), Hamburgian(s) , timezone1 = Central (CET) , utc_offset1 = +1 , timezone1_DST = Central (CEST) , utc_offset1_DST = +2 , postal ...

, bought 97.8% of the shares in the Hanseatic University and, at the same time, increased its share capital. The institution was then granted university status by the state ministry of education in July 2007. The founding president, Wolf Schäfer, was formerly Vice-President of the

Helmut Schmidt University The Helmut Schmidt University (german: link=no, Helmut-Schmidt-Universität), located in Hamburg, Germany, is a German military educational establishment that was founded in 1973 at the initiative of the then-Federal Minister of Defence, Helmut Sc ...

of the German Armed Forces in

Hamburg (male), (female) en, Hamburger(s), Hamburgian(s) , timezone1 = Central (CET) , utc_offset1 = +1 , timezone1_DST = Central (CEST) , utc_offset1_DST = +2 , postal ...

. The university planned to break even within five years with 700 students paying 7500 euro each per semester. 25 students enrolled, but only five commenced studies in "Business Administration" and "Business Information Technology" in October 2007. Because of changed interests of the owner, enrollments were stopped in August 2008, it was decided to cease operations and the remaining three students were offered to continue their studies at the

International University in Germany International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The T ...

, in

Bruchsal Bruchsal (; orig. Bruohselle, Bruaselle, historically known in English as Bruxhall; South Franconian: ''Brusel'') is a city at the western edge of the Kraichgau, approximately 20 km northeast of Karlsruhe in the state of Baden-Württemberg, ...

, also owned by Educationtrend AG. However, this university also closed. As of March 2009, the Hanseatic University Rostock was closed and its website closed down. Professor Heinz Eckart Klingelhöfer and two other former employees sued the university's owner, Educationtrend AG, for damages. Ostsee Zeitung, 16 July 2009

Degrees

Bachelor courses were intended to run for three years (worth 180 ECTS points) and the master programmes for two years (120 ECTS points), and two faculties were planned: Economics (with studies in Business Administration, Business Information Technology, and Global Management), and Law (planned for winter 2008).

Athletics

The university planned its own ''Hanseatic Yachting Club'' for the spring of 2008.

Jürgen Knuth Jürgen or Jurgen is a popular masculine given name in Germany, Estonia, Belgium and the Netherlands. It is cognate with George. Notable people named Jürgen include: A *Jürgen Ahrend (born 1930), German organ builder * Jürgen Alzen (born 1 ...

, twice world sailing champion, was appointed General Manager for the yachting club.

Notes and references

Sources

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External links

Hanseatic University Rostock

Educationtrend
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