WHU-Otto Beisheim School of Management

WHU – Otto Beisheim School of Management is a business school with campuses in Vallendar and Düsseldorf, Germany. WHU was founded in 1984 by the Koblenz Chamber of Commerce.[1] WHU is the abbreviation of German Wissenschaftliche Hochschule für Unternehmensführung (English: academic institution of higher education for corporate management). The patron and main financier of the business school was the late billionaire and founder of the METRO Cash & Carry Group, Otto Beisheim.

WHU – Otto Beisheim School of Management
TypePrivate business school
Established1984
DeanProfessor Dr. Markus Rudolf
Academic staff
40 full professors, 17 assistant professors, 3 adjunct professors, 264 doctoral students, 194 non-academic staff members (Sept. 2019)
Students1,669 (September 2019)
Location
Vallendar, Düsseldorf
,
Rhineland-Palatinate, North Rhine-Westphalia
,
Germany
CampusVallendar and Düsseldorf
Study programsBachelor in International Business Administration (BSc)

Master in Management (MSc)
Master in Finance (MSc)
Master in Entrepreneurship (MSc)
Full-Time MBA
Part-Time MBA
Global Online MBA
Kellogg-WHU Executive MBA

Doctoral Program
Colors         Blue and white
AffiliationsAACSB, EQUIS
Websitewww.whu.edu

WHU maintains a global network of more than 200 partner universities, attracting exchange students from the US, Australia, China and many other countries, while also offering double degree programs with some partners such as University of Texas, Austin and the University of Western Australia.[2]

Currently, there are 1,669 students (including doctoral students) at WHU, about 194 employees and 57 professors (including assistant professors).[3] 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.[4]

Study programs
The Marienburg in Vallendar is the main building of WHU.

WHU offers the following programs. The language of instruction for the bachelor's program is English or German, while all master's programs are taught entirely in English.[5]

  • Three-year Bachelor of Science Program (BSc) which includes two mandatory internships and one semester in one of WHU's international partner schools.
  • One-and-a-half-year Master of Science in Management Program (MSc) consecutive to the Bachelor of Science program
  • One-and-a-half-year Master of Science in Finance Program (MSc) consecutive to the Bachelor of Science program (started in 2013)
  • One-and-half-year Master of Science in Entrepreneurship Program (MSc) consecutive to the Bachelor of Science program (started in 2017)
  • Full-Time MBA Program (including visiting studies at Kellogg School of Management – Northwestern University, IIMB – Indian Institute of Management, Bangalore and CEIBS – China Europe International Business School)
  • Part-Time MBA Program
  • Global Online MBA Program
  • The Kellogg-WHU Global Executive MBA Program in partnership with Kellogg School of Management – Northwestern University, Evanston/Chicago, Illinois, USA
  • Doctoral Program (students are awarded the German PhD equivalent Dr. rer. pol.)
  • Executive Education (customized programs for companies and open General Management programs)

Tuition and selection process

The tuition fee per academic year 2020/2021 for WHU Bachelor's students is €13,800 for those who are citizens of EEA countries and Switzerland, and €21,900 for citizens of non-EEA countries.[6] The tuition fee for the Master of Science in management, finance and entrepreneurship programs are €25,300€ for the 90 credit track and €31,600 for the 120 credit track.[7] Scholarships, tuition waivers and financial aid schemes are available for eligible students.

The selection process for the undergraduate studies 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, interview representatives of the private business sector and go through an analytical IQ Test.

Accreditations

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).[8] Together with ESMT Berlin, Frankfurt School of Finance & Management and the University of Mannheim, WHU is one of four German business schools to hold both AACSB and EQUIS accreditations.

Rankings

WHU is widely regarded as the best business school in the German-speaking (DACH) countries. It has been ranked first in Germany for 10 out of the 11 times it has appeared in the Financial Times Master in Management rankings, including five consecutive years between 2013 to 2017.[9][10][11] [12][13] The Economist placed WHU 3rd worldwide in its inaugural Master in Management ranking published in 2017. [14] WHU has maintained its 1st position in Germany since this inaugural ranking.[15] In 2019, Times Higher Education ranked WHU 3rd worldwide in its Master in Management ranking. [16]

In 2020, the Financial Times ranked WHU 1st in Germany for all its programs: MBA, Master in Management, Executive MBA, and Master in Finance.[17][18][19][20] In the QS Business Masters Ranking 2020, WHU's Masters in Management and Masters in Finance programs ranked first in Germany and among the top 20 worldwide.[21] In the list of business schools with most unicorn founders, WHU is placed 4th globally tied with INSEAD and behind Harvard Business School, Stanford Graduate School of Business and the Wharton School of University of Pennsylvania. [22] It placed 6th worldwide in the Financial Times ranking of top MBA schools for entrepreneurship. [23] Measured by the number of members on the Vorstand (executive board) of a DAX company, WHU ranked 15th in 2019. The DAX is a stock market index consisting of the 30 major German companies.[24]

WHU's joint EMBA program with Kellogg has been placed 1st in Germany in 14 out of the 20 annual EMBA rankings published by Financial Times since 2001. In The Economist ranking of EMBA programs in 2020, the joint Kellogg-WHU EMBA Program ranked 1st in Germany for the 4th time in a row and 4th worldwide.[25]

Faculty

The faculty at WHU is organized into six groups: Finance and Accounting, Economics, Entrepreneurship and Innovation, Management, Marketing and Sales, and Supply Chain Management. As of July 2020, there are 40 full professors and 17 assistant professors at WHU who teach at the undergraduate and graduate levels and contribute to the business school's research output:[26]

DepartmentChairholder
Mergers & AcquisitionsNihat Aktas
Empirical Corporate FinanceChristian Andres
Technology and Innovation ManagementHolger Ernst
Entrepreneurship, Innovation and Technological TransformationDries Faems
Strategy and MarketingMartin Fassnacht
Monetary EconomicsRalf Fendel
Macroeconomics and International EconomicsMichael Frenkel
LeadershipFabiola H. Gerpott
International AccountingMartin Glaum
Small and Medium-sized EnterprisesChristina Günther
Economic and Social PolicyChristian Hagist
Market ResearchWalter Herzog
Entrepreneurship and New Business DevelopmentChristoph Hienerth
Production ManagementArnd Huchzermeier
Finance, Accounting and TaxationMartin Jacob
Sales Management and B2B MarketingOve Jensen
Empirical Capital Market ResearchLutz Johanning
Organization TheoryPeter-J. Jost
Family BusinessNadine Kammerlander
Corporate Management and ChangeAyse Karaevli
International Business and Supply Management ILutz Kaufmann
Strategic ManagementJane Lê
Financial AccountingGaren Markarian
Econometrics and StatisticsMichael Massmann
Organizational BehaviorMiriam Müthel
Innovation and Corporate TransformationSerden Özcan
International Business and Supply Management IIFelix Reimann
Institute of Management Accounting and ControlMarko Reimer
FinanceMarkus Rudolf
Management Accounting and ControlUtz Schäffer
Digital MarketingChristian Schlereth
Sports and ManagementSascha L. Schmidt
Operations ManagementLiji Shen
Logistics ManagementStefan Spinler
Sustainable Urban TransportArne Strauss
Services MarketingTillmann Wagner
Logistics and Services ManagementCarl Marcus Wallenburg
Behavioral FinanceMei Wang
Industrial OrganizationJürgen Weigand
Corporate FinanceB. Burcin Yurtoglu

Student body

WHU student clubs

Students at WHU founded a large variety of student clubs.[27] Among them are the conferences of the "Campus for..." - series:

Further student clubs are:

  • 3 Day Startup[34]
  • WHU Charity Concerts
  • confluentes[27]
  • Diversity & LGBT at WHU[35]
  • Enactus WHU[27]
  • Entrepreneurship Roundtable[36]
  • forumWHU
  • WHU Music Club
  • WHU Sports Club (HSSV)[27]
  • IdeaLab![27]
  • In Vino Veritas
  • SAIDA Consulting[27]
  • SensAbility[27]
  • SmartUp![27]
  • WHU Students' Theater Group[27]
  • TEDx WHU[27]
  • Vallendar Integration Program (VIP)
  • WHU Finance Society e.V.[27]
  • WHU Debating Union
  • WHU Euromasters[27]
  • WHU First Responder[27]
  • WHU GenerationsCup
  • WHU Golf
  • WHU Students Help e.V.[37]
  • WHU Walks for Charity

Honorary professors

A selection of WHU honorary professors:

Alumni
  • Birgit Bohle, CEO of DB Fernverkehr
  • Thomas Buberl, CEO of Axa Group[38]
  • Julian Deutz, CFO of Axel Springer, diploma[39]
  • Robert Gentz, founder and board member of Zalando, diploma 2007[40]
  • 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[41]
  • Matthias J. Rapp, CFO of TÜV SÜD AG[42]
  • Thorsten Reitmeyer, former CEO of Comdirect bank
  • Oliver Samwer, CEO of Rocket Internet, diploma[43]
  • David Schneider, founder and board member of Zalando, diploma 2007[40]
  • Stephan Schubert, founder OnVista
  • Margret Suckale, board member of BASF, EMBA[44]
  • 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[45]

References
  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. "Global Partner Network - WHU – Otto Beisheim School of Management". www.whu.edu. Retrieved 2017-03-13.
  3. "About WHU - whu.edu". www.whu.edu.
  4. "Centers - WHU – Otto Beisheim School of Management". www.whu.edu.
  5. "WHU at a Glance - WHU – Otto Beisheim School of Management". www.whu.edu. Retrieved 2017-10-17.
  6. "We help you find ways to finance your studies | WHU". whu.edu. Retrieved 21 July 2020.
  7. "Invest in your future - Master of Science Fees & Financing | WHU". whu.edu. Retrieved 21 July 2020.
  8. "About WHU". whu.edu. Retrieved 2020-02-13.
  9. "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  10. "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  11. "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  12. "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  13. "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  14. "Masters in Management 2017 Ranking". May 28, 2017 – via The Economist.
  15. "Masters in Management 2019 Ranking" – via The Economist.
  16. "THE/WSJ business school report".
  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. "QS Business Masters Rankings". www.topuniversities.com.
  22. "B-Schools With The Most 'Unicorn' Founders".
  23. "Top MBAs for entrepreneurship".
  24. "An diesen Unis haben die DAX-Vorstände studiert | charly.education". www.charly.education (in German). Retrieved 2019-10-13.
  25. "Executive MBA Ranking 2020" – via The Economist.
  26. "Faculty". WHU – Otto Beisheim School of Management. Retrieved July 21, 2020.
  27. "WHU Student Clubs - whu.edu". www.whu.edu.
  28. "Campus for Finance - WHU – Otto Beisheim School of Management". www.whu.edu.
  29. "Campus for Supply Chain Management - WHU – Otto Beisheim School of Management". www.whu.edu.
  30. "Konferenz - WHU Campus for Controlling - Campus for Controlling". www.campus-for-controlling.de.
  31. "Campus for Strategy & Leadership - WHU – Otto Beisheim School of Management". www.whu.edu.
  32. "Campus for Marketing - WHU – Otto Beisheim School of Management". www.whu.edu.
  33. "WHU - Campus for Sales - WHU – Otto Beisheim School of Management". www.whu.edu.
  34. "3 Day Startup - WHU – Otto Beisheim School of Management". www.whu.edu.
  35. "News Singleview - WHU – Otto Beisheim School of Management". www.whu.edu.
  36. "Entrepreneurship Roundtable - whu.edu". www.whu.edu.
  37. "WHU Students Help - whu.edu". www.whu.edu.
  38. "Thomas Buberl | AXA". AXA.com.
  40. "The Management Board". Zalando Corporate Website.
  41. "Deutscher Bundestag - Nick, Andreas". Deutscher Bundestag.
  42. "Leadership | TÜV SÜD | TÜV SÜD". Tuev-sued.de. Retrieved 2020-02-13.
  43. "Archived copy". Archived from the original on 2015-03-23. Retrieved 2015-04-22.CS1 maint: archived copy as title (link)
  45. "CV Oliver Zipse, Chairman of the Board of Management of BMW AG". www.press.bmwgroup.com.

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