EBS University of Business and Law

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 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 doctorates and habilitations and is the oldest private university in Germany.

For other uses, see European Business School (disambiguation).
EBS Universität für Wirtschaft und Recht
Former name
European Business School
TypePrivate research university
Established1971
FounderKlaus Evard
DeanChristian Landau (Business School), Ulrich Segna (Law School)
Academic staff
~ 70 faculty members
Students1200
(including doctoral students)
Location
Wiesbaden, Oestrich-Winkel
,
Hessen
,
Germany
CampusRural, City
LanguageEnglish, German
PresidentMarkus Ogorek
AffiliationsFIBAA, German Council of Science and Humanities
Websitewww.ebs.edu/en

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 (Mark Korzilius), or former CEO of Deutsche Telekom AG (Kai-Uwe Ricke). Among the university's corporate partners, one can find McKinsey, Bertelsmann, Clifford Chance, Daimler AG, or UBS. Academic partnerships include UC Berkeley, Bocconi University, CEIBS, Sciences Po, National University of Singapore, and McGill University.

History

EBS was founded in Offenbach am Main as a University of Applied Sciences 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.[1] In 1980 the School moved to Schloss Reichartshausen in Oestrich-Winkel in the Rheingau. 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 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 Wiesbaden 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
Campus of EBS Business School

The EBS maintains a total of three locations for teaching, research, and administrative purposes. The two largest campuses are located in Wiesbaden and Oestrich-Winkel. The newer Wiesbaden campus houses the EBS Law School, while Reichartshausen castle at the larger and older Oestrich-Winkel campus houses the EBS Business School.[2]

Organization and administration

Shareholders of the EBS Universität für Wirtschaft und Recht gGmbH are SRH Higher Education GmbH,[3] a wholly owned subsidiary of the non-profit foundation SRH, and the alumni association EBS Alumni e.V.[4]

President 2016-2020: Markus Ogorek

Academic profile

The EBS Universität offers degree programmes at the undergraduate and graduate levels. The EBS Business School offers traditional German business and economics (Betriebswirtschaftslehre) education as well as specialized MSc programmes in Management, Finance, and other areas. The EBS Law School offers degree courses leading to the German State Examination in jurisprudence. Both faculties also offer doctoral programmes and award habilitations.[5]

A personal coach is available to all students and doctoral candidates to support them throughout their studies.[6] 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, a global initiative to promote corporate citizenship.

In addition to business-related research, EBS has a chair of Philosophy of Science and an Institute for Business Ethics.[7]

Advanced training

Since December 2018, the EBS Executive School has been offering part-time continuing education programs and certificate programs.[8]


EBS Campus Schloss

Student life
View into the inner courtyard of EBS Business School

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

Rankings

According to the Financial Times, EBS was ranked sixth overall in Germany in 2016, after Mannheim, ESMT Berlin, WHU – Otto Beisheim School of Management and Handelshochschule Leipzig.[13] Since 2017, it did not make any of the FT rankings.[14]

Financial Times-Ranking

Master in Management
2014: #4 in Germany and #14 worldwide; #1 worldwide in "Corporate Strategy" and "Organisational Behaviour" [15]
2015: #2 in Germany and #11 worldwide[16]

CHE-Hochschulranking

Bachelor (Business School)
2014/15: Ranked among the best in 5 of the 5 considered evaluated areas[17]
2017: Top Tier[18] Law (Law School):
2017: Top Tier[18]
Master (Business School)
2014/15: Ranked among the best in 5 of the 5 considered evaluated areas[19]
2017: Top 6[18]

Eduniversal 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.[20]
Master in Management: #2 in Germany and #14 in Europe.[21]
Master in Real Estate Management: #1 in Germany and #2 worldwide[22]
Master in Financial Markets: #1 in Germany and 17 worldwide[23]
MBA Full-Time: #3 in Germany and #25 in Western Europe[24]
Exec. MBA Part-Time: #2 in Germany and #19 in Western Europe[25] 2016:
  1. 3 in Germany: Universal business schools with major international influence[26]
Best Master in Real Estate worldwide: #3
Best Master in Innovation and project Management in Western Europe: #11
2017:
  1. 3 in Germany: TOP Business school with significant international influence[26]
Best Master in Real Estate worldwide: #2
Best Master in General Management in Europe: #14
2018:[27]
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[28]
2017: Top Tier[28]

Presidents
  • Klaus Evard
  • Walter Leisler Kiep
  • Hans Tietmeyer
  • Christopher Jahns
  • Rolf Cremer
  • Rolf Wolff
  • Markus Ogorek

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.[29] 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

International network

The EBS maintains a global network of 270 partner universities.[33]

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 ritual.[34][35][36] The foundation of the EBS Law School should initially be funded by the state Hesse and the city Wiesbaden with 25 million euro.[37] This was especially criticized because the budgets of public universities were cut at the same time.[38] In April 2011 it became known, that the public support was double than initially planned, now accounting for 50 million euro.[39] 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.[40] 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.[41] 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.[42] 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.[43] A total of four offices and the flats of three indicted actual and former EBS management staff members were searched.[44] 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.[45]

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, ISBN 978-3-455-50051-6
  • "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[46] (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[47]
  • „Die jungen Manager“ (Engl.: The young managers). Documentary about the expectations of the future managers, Germany, 5.06 Min., 25. März 2013[48]

See also

References
  1. Kreikebaum, Marcus (2009). Schloss Reichartshausen im Wandel der Zeiten. ISBN 978-3-00-027879-2.
  2. "Archived copy". Archived from the original on 2014-09-24. Retrieved 2016-04-11.CS1 maint: archived copy as title (link)
  3. "EBS Universität wird Teil der SRH Hochschulen". EBS. 2016-07-28.
  4. "Alumni-Verein ist neuer Gesellschafter der European Business School (EBS)".
  5. "BWL-Studium – Bachelor in Business Studies (B.Sc.)". www.ebs.edu.
  6. "Archived copy". Archived from the original on 2016-04-19. Retrieved 2016-04-11.CS1 maint: archived copy as title (link)
  7. "Center for Business Ethics". www.ebs.edu.
  8. "EBS Executive School: achieving goals with continuing education". www.ebs.edu.
  9. "Equis-Akkreditierung: Schwere Schlappe für European Business School". www.handelsblatt.com.
  10. "Archived copy". Archived from the original on 2017-02-27. Retrieved 2016-12-20.CS1 maint: archived copy as title (link)
  11. "Pressemitteilung des Wissenschaftsrats". Archived from the original on August 17, 2012.
  12. "AACSB - Member Schools".
  13. "Business school rankings from the Financial Times". rankings.ft.com.
  14. "Business school rankings from the Financial Times". rankings.ft.com.
  15. "The top 70 masters in management programmes" (PDF). FTbusiness education – Masters in management ranking 2014. Financial Times. pp. 26–28. Retrieved 2014-10-15.
  16. "Financial Times "Masters in Management 2015"-Ranking".
  17. "Ranking für BWL". CHE Hochschulranking.
  18. "CHE Hochschulranking". CHE Hochschulranking.
  19. http://ranking.zeit.de/che2014/de/rankingunion/show?esb=24&ab=4&hstyp=1#&left_f1=458&left_f2=464&left_f3=453&left_f4=518&left_f5=459&order=average&unionview=table&subfach=
  20. "University and business school ranking in Germany". eduniversal-ranking.com.
  21. "Master General Management Ranking master General Management in Western Europe". www.best-masters.com.
  22. http://www.best-masters.com/ranking-master-real-estate-management.html
  23. "Master Financial Markets Ranking master Financial Markets". www.best-masters.com.
  24. "Master MBA full time Ranking master MBA full time in Western Europe". www.best-masters.com.
  25. "Master Executive MBA Ranking master Executive MBA in Western Europe". www.best-masters.com.
  26. "Ranking Overview EBS Universität" (PDF).
  27. "EBS Master's Programs convince in international Eduniversal Ranking: Master of Finance ranks number one in Germany". ebs.edu. Retrieved 2019-05-03.
  28. "Ranking & Subjects". www.umultirank.org. Retrieved 2019-05-03.
  29. "Alumni". www.ebs.edu.
  30. Philipp Schindler | Economist Conferences UK Archived 2012-07-29 at Archive.today, am 18. Oktober 2011
  31. Philipp Schindler steigt in Google-Führungsriege auf Archived 2012-02-22 at the Wayback Machine, am 18. Oktober 2011
  32. "Diverse and outstanding: The success stories of EBS Alumni". www.ebs.edu. Retrieved 2020-06-23.
  33. "Internationality: The partner universities of EBS Universität". www.ebs.edu.
  34. Elitäres Saufgelage im Freien - Polizei rettet Studenten, n-tv 5. September 2010
  35. Die Zeit: Die European Business School will ihr Image verändern, vom 3. Januar 2011
  36. Frankfurter Rundschau: Koma-Saufen an Elite-Uni, vom 5. September 2010
  37. GmbH, Frankfurter Allgemeine Zeitung. "Aktuelle Nachrichten online". FAZ.NET.
  38. Universitätsstadt Wiesbaden "Da haben wir ein Ding gedreht", Frankfurter Rundschau, 17. Juni 2010
  39. European Business School - Immer mehr Steuergeld für die EBS, Frankfurter Rundschau , 11. April 2011
  40. "29. April 2011 - Pressemitteilung".
  41. "European Business School: Die peinlichen Fehlbuchungen der elitären Wirtschaftsschule". www.wiwo.de.
  42. "Zeuge sieht "Missbrauch von Steuergeldern"". hr online. Archived from the original on 2014-04-13. Retrieved 2014-04-09.
  43. "Betrug mit Fördergeld? Razzia bei European Business School". hr online. Archived from the original on 2014-04-10. Retrieved 2014-04-09.
  44. Frankfurter Allgemeine Zeitung: European Business School. Betrugsermittlungen gegen Mitarbeiter der EBS, vom 9. April 2014
  45. KG, VRM GmbH & Co. "EBS-Universität: Ermittlungen nach fünf Jahren eingestellt - Wiesbadener Kurier". www.wiesbadener-kurier.de (in German). Retrieved 2019-05-03.
  46. "Inhaltsangabe". Archived from the original on January 26, 2009.
  47. "phoenix". phoenix.
  48. "Die jungen Manager". Archived from the original on 2013-08-16. Retrieved 2014-12-26.

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