FOM University of Applied Sciences for Economics and Management

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]

University of Applied Sciences for Economics and Management
TypePrivate
Established1993
ChancellorDr. Harald Beschorner
RectorProf. Dr. Burghard Hermeier
Students42,500 (July 2017) [1]
Address
Herkulesstraße 32, 45127 Essen, Germany
,
Essen and several more
,
North Rhine-Westphalia
,
Germany
CampusUrban
NicknameFOM
Websitewww.fom.de

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 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 since 2006 as well as the German Council of Science and Humanities since 2004.[6][7]

Locations

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.

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, Deloitte and Ernst & Young.[8]

Research institutes
  • dips Deutsches Institut für Portfolio-Strategien[9][10]
Research emphasis on financial portfolio management, quantitative modeling and asset management.
  • iap Institut für Arbeit und Personal[11]
Research emphasis on organization and employee relations, with an emphasis on the organization of worktime.
  • ild Institut für Logistik und Dienstleistungsmanagement[12]
Research emphasis on logistics, service management, and operation research.
  • ipo Institut für Personal- und Organisationforschung[13]
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.[14]

gollark: They do have to spin pretty fast. There are sealed helium ones now.
gollark: > The HDD's spindle system relies on air density inside the disk enclosure to support the heads at their proper flying height while the disk rotates. HDDs require a certain range of air densities to operate properly. The connection to the external environment and density occurs through a small hole in the enclosure (about 0.5 mm in breadth), usually with a filter on the inside (the breather filter).[124] If the air density is too low, then there is not enough lift for the flying head, so the head gets too close to the disk, and there is a risk of head crashes and data loss. Specially manufactured sealed and pressurized disks are needed for reliable high-altitude operation, above about 3,000 m (9,800 ft).[125] Modern disks include temperature sensors and adjust their operation to the operating environment. Breather holes can be seen on all disk drives – they usually have a sticker next to them, warning the user not to cover the holes. The air inside the operating drive is constantly moving too, being swept in motion by friction with the spinning platters. This air passes through an internal recirculation (or "recirc") filter to remove any leftover contaminants from manufacture, any particles or chemicals that may have somehow entered the enclosure, and any particles or outgassing generated internally in normal operation. Very high humidity present for extended periods of time can corrode the heads and platters. https://en.wikipedia.org/wiki/Hard_disk_drive#Integrity
gollark: Interweb says it's to keep pressure equalized between the inside and out.
gollark: Ah yes, destroy it as an example to the others.
gollark: I find that threatening my electronics with a hammer or something works.

References
  1. FOM - Current Issues
  2. The FOM announces new academic departments
  3. University cooperations
  4. Biggest economic and business sciences faculty in Germany
  5. "One of the nation's leading universities in economics". Koelner-wissenschaftsrunde. Archived from the original on 2 April 2015. Retrieved 31 March 2015.
  6. Accreditation by the FIBAA and the Wissenschaftsrat
  7. "FOM Hochschule für Oekonomie & Management - University of Applied Sciences". Masters portal.
  8. Company partners
  9. Deutsches Institut für Portfolio-Strategien
  10. Prof. Dr. Eric Frère (director of the dips)
  11. Institut für Arbeit und Personal
  12. Institut für Logistik und Dienstleistungsmanagement
  13. Institut für Personal- und Organisationforschung
  14. Stifterverband für die Deutsche Wissenschaft

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