WHU – Otto Beisheim School of Management
WHU – Otto Beisheim School of Management is a German 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 for Wissenschaftliche Hochschule für Unternehmensführung (academic higher education institution for corporate management). As of 2020, there are 1,665 students (including doctoral students) at WHU, about 220 employees and 55 professors (including assistant professors).[2]
Motto | Excellence in management education |
---|---|
Type | Private business school |
Established | 1984 |
Dean | Markus Rudolf |
Academic staff | 39 full professors, 16 assistant professors, 3 adjunct professors, 220 non-academic staff members (Sept. 2020) |
Students | 1,665 (September 2020) |
Location | , , |
Campus | Vallendar and Düsseldorf |
Study programs | Bachelor in International Business Administration (BSc) Master in Management (MSc) |
Colors | Blue and white |
Affiliations | AACSB, EQUIS |
Website | www.whu.edu |
WHU is well known for its master's program in management, which has been ranked among the top three worldwide by Financial Times, Times Higher Education and The Economist.[3][4][5] It maintains a global network of more than 200 partner universities, while also offering numerous double degree programs.[6] The school is also well known for its entrepreneurship programs and has the fourth highest number of unicorn founders in the world.[7][8] As of 2020, the Financial Times ranked WHU's placement and career services among the top two worldwide for the eleventh time in a row. [9]
Study programs
WHU offers numerous study programs. The language of instruction for the bachelor's program is English or German, while all master's programs are taught entirely in English.[10]
- 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.[11] 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.[12] 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).[13] 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
Germany | Worldwide | |
---|---|---|
Financial Times - Global MBA 2020 | 1st | 64th |
Financial Times - Master in Management 2020 | 1st | 12th |
Financial Times - Master in Finance 2020 | 1st | 22nd (highest entrant) |
Financial Times - Top MBAs for Entrepreneurship | 1st | 6th |
Financial Times - Executive MBA 2020 | 1st | 16th |
The Economist - Master in Management 2019 | 1st | 7th |
The Economist - Executive MBA 2020 | 1st | 4th |
The Economist - Which MBA? 2019 | 3rd | 74th |
QS - Executive MBA (Joint Programs) 2020 | 1st | 7th |
QS - Master in Management 2020 | 1st | 13th |
QS - Master in Finance 2020 | 1st | 22nd |
QS - Global MBA 2021 | 3rd | 54th |
Times Higher Education - Master in Management 2019 | 2nd | 3rd |
WHU is widely regarded as one of the most prestigious business schools in the German-speaking (DACH) world. Its masters in management program has been ranked first in Germany for nine times in the last decade by Financial Times, including five consecutive years between 2013 to 2017.[14][15][16] [17][18] The Economist placed WHU third worldwide in its inaugural Master in Management ranking published in 2017. [19] In 2019, Times Higher Education ranked WHU third worldwide in its Master in Management ranking. [20] As of 2020, WHU's placement and career services have been ranked among the top two worldwide for the eleventh time in a row by the Financial Times' Masters in Management rankings.[21] WHU has maintained the first position in Germany in every Master in Management ranking published by The Economist and QS till date.[22][23]
In 2020, the Financial Times ranked WHU first in Germany for all its programs: MBA, Master in Management, Executive MBA, and Master in Finance.[24][25][26][27] In the QS Business Masters Ranking 2021, WHU ranked first in Germany for fourth time in a row and among the top 20 worldwide.[28] In the list of business schools with most unicorn founders, WHU is placed fourth globally tied with INSEAD, behind Harvard Business School, Stanford Graduate School of Business and the Wharton School of University of Pennsylvania. [29] According to the BYU PhD ranking that tracks alumni publications in 12 leading accounting journals, the doctoral program placed fifth worldwide in the Managerial Accounting category.[30] WHU's SCM Group ranked first in Germany and sixth globally for Supply Chain Management research in 2020 according to the SCM Journal List ranking.[31]
As of 2020, WHU's joint Executive MBA program with Kellogg School of Management has been placed first in Germany for the twelfth time in a row by Financial Times. In The Economist ranking of EMBA programs in 2020, the joint Kellogg-WHU EMBA Program ranked first in Germany for the fourth time in a row and fourth worldwide.[32]
Faculty
The faculty at WHU is organized into six groups: Finance and Accounting, Economics, Entrepreneurship, Management, Marketing and Sales, and Supply Chain Management. As of September 2020, there are 39 full professors and 16 assistant professors at WHU who teach at the undergraduate and graduate levels and contribute to the business school's research output:[33]
Department | Chairholder |
---|---|
Mergers & Acquisitions | Nihat Aktas |
Empirical Corporate Finance | Christian Andres |
Technology and Innovation Management | Holger Ernst |
Entrepreneurship, Innovation and Technological Transformation | Dries Faems |
Strategy and Marketing | Martin Fassnacht |
Monetary Economics | Ralf Fendel |
Macroeconomics and International Economics | Michael Frenkel |
Leadership | Fabiola H. Gerpott |
International Accounting | Martin Glaum |
Small and Medium-sized Enterprises | Christina Günther |
Economic and Social Policy | Christian Hagist |
Market Research | Walter Herzog |
Entrepreneurship and New Business Development | Christoph Hienerth |
Production Management | Arnd Huchzermeier |
Finance, Accounting and Taxation | Martin Jacob |
Sales Management and B2B Marketing | Ove Jensen |
Empirical Capital Market Research | Lutz Johanning |
Organization Theory | Peter-J. Jost |
Family Business | Nadine Kammerlander |
Corporate Management and Change | Ayse Karaevli |
International Business and Supply Management I | Lutz Kaufmann |
Strategic Management | Jane Lê |
Econometrics and Statistics | Michael Massmann |
Organizational Behavior | Miriam Müthel |
Innovation and Corporate Transformation | Serden Özcan |
International Business and Supply Management II | Felix Reimann |
Institute of Management Accounting and Control | Marko Reimer |
Finance | Markus Rudolf |
Management Accounting and Control | Utz Schäffer |
Digital Marketing | Christian Schlereth |
Sports and Management | Sascha L. Schmidt |
Operations Management | Liji Shen |
Logistics Management | Stefan Spinler |
Sustainable Urban Transport | Arne Strauss |
Services Marketing | Tillmann Wagner |
Logistics and Services Management | Carl Marcus Wallenburg |
Behavioral Finance | Mei Wang |
Industrial Organization | Jürgen Weigand |
Corporate Finance | B. Burcin Yurtoglu |
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.[34]
Student body
WHU student clubs
Students at WHU founded a large variety of student clubs.[35] Among them are the conferences of the "Campus for..." - series:
- WHU – Campus for Finance[36]
- WHU – Campus for Supply Chain Management[37]
- WHU – Campus for Controlling[38]
- WHU – Campus for Strategy and Leadership[39]
- WHU – Campus for Marketing[40]
- WHU – Campus for Sales[41]
- WHU – Campus for Corporate Transformation (although part of the "WHU Campus for" series of conferences, the WHU CCT conference was not a student initiative, but was organized by Serden Özcan, Chairholder of the Otto Beisheim Endowed Chair of Innovation and Corporate Transformation at the WHU-Otto Beisheim School of Management)[42][43]
Further student clubs are:
- 3 Day Startup[44]
- BusinessMeetsTech
- WHU Charity Concerts
- confluentes[35]
- Diversity & LGBT at WHU[45]
- Enactus WHU[35]
- Entrepreneurship Roundtable[46]
- forumWHU
- WHU Music Club
- WHU Sports Club (HSSV)[35]
- IdeaLab![35]
- In Vino Veritas
- SAIDA Consulting[35]
- SensAbility[35]
- SmartUp![35]
- WHU Students' Theater Group[35]
- TEDx WHU[35]
- Vallendar Integration Program (VIP)
- WHU Finance Society e.V.[35]
- WHU Debating Union
- WHU Euromasters[35]
- WHU First Responder[35]
- WHU GenerationsCup
- WHU Golf
- WHU Students Help e.V.[47]
- WHU Walks for Charity
Notable people
Honorary professors
- Paul Achleitner
- David B. Audretsch
- Klaus Brockhoff
- Karl-Ludwig Kley
- Peter May
- Bolko von Oetinger
- Mei Wang
- Axel Wieandt
Alumni
- Birgit Bohle, CEO of DB Fernverkehr
- Thomas Buberl, CEO of Axa Group[48]
- Julian Deutz, CFO of Axel Springer, diploma[49]
- Robert Gentz, founder and board member of Zalando, diploma 2007[50]
- 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[51]
- Matthias J. Rapp, CFO of TÜV SÜD AG[52]
- Thorsten Reitmeyer, former CEO of Comdirect bank
- Dominik Richter, founder and CEO of HelloFresh
- Oliver Samwer, CEO of Rocket Internet, diploma[53]
- David Schneider, founder and board member of Zalando, diploma 2007[50]
- Stephan Schubert, founder OnVista
- Margret Suckale, board member of BASF, EMBA[54]
- 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[55]
References
- "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.
- "About WHU - whu.edu". www.whu.edu.
- "THE/WSJ business school report".
- "Executive Masters in Management Ranking" – via The Economist.
- "Masters in Management" – via Financial Times.
- "Global Partner Network - WHU – Otto Beisheim School of Management". www.whu.edu. Retrieved 2017-03-13.
- "B-Schools With The Most 'Unicorn' Founders".
- "Top MBAs for entrepreneurship" – via Financial Times.
- "Masters in Management Ranking 2020" – via Financial Times.
- "WHU at a Glance - WHU – Otto Beisheim School of Management". www.whu.edu. Retrieved 2017-10-17.
- "We help you find ways to finance your studies | WHU". whu.edu. Retrieved 21 July 2020.
- "Invest in your future - Master of Science Fees & Financing | WHU". whu.edu. Retrieved 21 July 2020.
- "About WHU". whu.edu. Retrieved 2020-02-13.
- "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
- "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
- "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
- "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
- "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
- "Masters in Management 2017 Ranking". May 28, 2017 – via The Economist.
- "THE/WSJ business school report".
- "Masters in Management Ranking 2020" – via Financial Times.
- "Masters in Management 2019 Ranking" – via The Economist.
- "QS Business Masters Rankings". www.topuniversities.com.
- "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
- "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
- "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
- "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
- "QS Business Masters Rankings". www.topuniversities.com.
- "B-Schools With The Most 'Unicorn' Founders".
- "BYU Accounting rankings: Ph.D. programs".
- "The SCM Journal List".
- "Executive MBA Ranking 2020" – via The Economist.
- "Faculty". WHU – Otto Beisheim School of Management. Retrieved July 21, 2020.
- "Centers - WHU – Otto Beisheim School of Management". www.whu.edu.
- "WHU Student Clubs - whu.edu". www.whu.edu.
- "Campus for Finance - WHU – Otto Beisheim School of Management". www.whu.edu.
- "Campus for Supply Chain Management - WHU – Otto Beisheim School of Management". www.whu.edu.
- "Konferenz - WHU Campus for Controlling - Campus for Controlling". www.campus-for-controlling.de.
- "Campus for Strategy & Leadership - WHU – Otto Beisheim School of Management". www.whu.edu.
- "Campus for Marketing - WHU – Otto Beisheim School of Management". www.whu.edu.
- "WHU - Campus for Sales - WHU – Otto Beisheim School of Management". www.whu.edu.
- https://corporate-transformation.net/
- https://www.whu.edu/faculty/entrepreneurship-and-innovation-group/innovation-and-corporate-transformation/#:~:text=The%20Chair%20of%20Innovation%20and,technologies%2C%20markets%2C%20and%20customers.
- "3 Day Startup - WHU – Otto Beisheim School of Management". www.whu.edu.
- "News Singleview - WHU – Otto Beisheim School of Management". www.whu.edu.
- "Entrepreneurship Roundtable - whu.edu". www.whu.edu.
- "WHU Students Help - whu.edu". www.whu.edu.
- "Thomas Buberl | AXA". AXA.com.
- "The Management Board". Zalando Corporate Website.
- "Deutscher Bundestag - Nick, Andreas". Deutscher Bundestag.
- "Leadership | TÜV SÜD | TÜV SÜD". Tuev-sued.de. Retrieved 2020-02-13.
- "Archived copy". Archived from the original on 2015-03-23. Retrieved 2015-04-22.CS1 maint: archived copy as title (link)
- "CV Oliver Zipse, Chairman of the Board of Management of BMW AG". www.press.bmwgroup.com.