About University of Applied Sciences of Economics and Management (FOM)

About University of Applied Sciences of Economics and Management (FOM)

The FOM Hochschule für Oekonomie & Management, commonly known as FOM University of Applied Sciences for Economics and Management, is a private, state-recognized university based in Essen, Germany. Established in 1993, FOM was initiated by the Foundation for International Education and Science in collaboration with business associations. Its primary mission is to provide high-quality and affordable academic programs tailored for working professionals and high school graduates. All degrees conferred by FOM are both state and internationally recognized. As of the 2023/2024 academic year, FOM boasts approximately 47,000 students, making it one of the largest private universities in Germany. The university offers over 60 practice-oriented bachelor's and master's programs across six academic departments: Business & Management, Health & Social Affairs, Business & Psychology, Business & Law, IT Management, and Engineering. To accommodate the needs of working professionals, FOM provides flexible study models, including evening and weekend classes, as well as digital live lectures broadcasted from high-tech TV studios. The university operates 33 study centers across Germany and has expanded internationally with a center in Vienna, Austria. FOM maintains partnerships with over 10,000 companies, ranging from startups to global corporations, ensuring that its programs are closely aligned with industry requirements. The university is also committed to research, operating more than 20 institutes and competence centers that address practical business and societal challenges. In recognition of its outstanding digital education, FOM was awarded the 'Excellence in Digital Education' premium seal by the Foundation for International Business Administration Accreditation (FIBAA). This accolade underscores the university's commitment to maintaining high-quality standards in education and research. FOM's dedication to providing accessible and flexible education has made it a preferred choice for many professionals seeking to advance their careers through academic qualifications.