EBS University of Business and Law

The EBS University of Economics and Law (EBS ) is a private, independent university in Hessen. In the commercial register is registered as EBS University of Economics and Law gGmbH. Shareholder of EBS University of Economics and Law gGmbH is the foundation for the promotion of the EES in the Donors' Association for German Science.

  • 5.1 Alcohol abuse by students in 2010
  • 5.2 Start-up financing EBS Law School by tax dollars
  • 5.3 Use of funding at the Automotive Institute for Management
  • 5.4 infidelity affair of former President Christopher Jahns (2011)
  • 6.1 President
  • 6.2 professors (selection)
  • 6.3 Graduates (selection)

History

The EBS was founded in 1971 by Klaus Evard as College of Business in Offenbach am Main under the name European Business School. In 1980 she moved into the castle Reichartshausen in Oestrich- Winkel in the Rheingau. In 1989, she was recognized as an institution of higher education and received in 1993 the Ph.D. and Habilitation 1998, the law. On 16 June 2010, the EBS Law School was founded next to the EBS Business School as a second faculty. On 1 September 2011, the EBS gained university status. The seat of the EBS Law School and the corporate headquarters of the EBS University of Economics and Law gGmbH located in Wiesbaden.

Study

Focus

In addition to business and economic courses all students take a philosophy program provides the fundamentals of the theory of science and ethics. In addition, students and doctoral students to participate in a coaching program.

Courses of Study

The EBS provides with the Faculty EBS Business School in initial of Business Administration following Bachelor and Master courses:

  • Bachelor of Science programs Bachelor in General Management
  • Bachelor in General Management ( Part-time )
  • Bachelor in General Management ( International Business Studies )
  • Bachelor in Aviation Management (in cooperation with Lufthansa AG)
  • Master of Science programs Master in Management
  • Master in Automotive Management
  • Masters in Finance
  • Master in Marketing
  • Master in Real Estate

The EBS provides with the Faculty EBS Law School in initial training for law since September 2011, the following courses:

  • First law exam (formerly 1st State Examination )
  • Bachelor of Laws ( LLB)
  • Master of Arts in Business (MA)

Further education

In the area of ​​development, the EBS University offers the following programs:

  • EBS Full-time MBA
  • DBS & EBS Executive MBA in General Management (Joint program with Durham Business School, UK)
  • Master in Business Innovation
  • Master in Real Estate Investment & Finance
  • Executive Master in Real Estate
  • Executive MBA in Health Care Management
  • Masters in Wealth Management

In addition, the EBS Executive Education ( subsidiary of EBS ) offers numerous certificate programs and corporate programs.

Tuition

Charge tuition fees for studying at EBS. The Bachelor's degree ( BSc) at EBS Business School costs 41,700 euros ( 6,950 euros per semester), a Master's degree (MSc) 23,850 euros ( 7,950 euros per semester).

Tuition for the eight-semester Part-Time Bachelor in General Management amounted to 34,260 euros ( 4,295 euros per semester).

Studying at EBS Law School ( the first law exam ) costs 44,400 euros ( 3,700 euros per trimester). The tuition fee for the additional degree of Master in Business (MA) is 5,500 Euros.

In addition, once fall to 690 euros and 100 euros enrollment fees for the admission process.

Accreditation

All courses of study at EBS are accredited by the Foundation for International Business Administration Accreditation ( FIBAA ). Since 18 April 2012, the EBS Business School is also accredited by EQUIS. This makes it one of only four German business schools that carry this distinction. EFMD EQUIS assesses contender after a total of ten criteria. These include the quality of the programs, students and professors, the training offer, the network in the economy and the social contribution.

On 29 May 2012, the EBS University of Business and Law has received the Institutional accreditation by the Science for ten years. Jurisprudential promotions may, however, be placed in the next five years only in cooperation with other universities.

Student Initiatives

There are at EBS about 20 student initiatives, which include, among other things, the student consultancy JAMES and conferences, as the EBS Symposium, the Supply Chain Conference, the founder Congress EBSpreneurship Forum and the EBS Real Estate Congress belong. Initiatives that have dedicated themselves to social and cultural commitment Furthermore exist. These are coordinated initiatives of the student council of the EES.

Economic development, financial problems

In 2011, the University of 32.2 million euros a (previous year: 32.1 million ), of which 11.8 million euros from tuition fees (previous year: 10.5 million ). This was offset by expenses of 33.4: towards million euros (previous year: 34.3 ). The University erwirtschafte for 2010 to a loss of 2.2 million euros in 2011 to 1.1 million euros. Shareholder's equity at the end of 2010 at 1.45 million euros and had been used up, according to a media report in 2011 almost. 2012 End of the Hessian Court "is not in a position to prevent over-indebtedness and to secure their ability to pay on time " came to the conclusion that EBS had no lasting supply of equity or equity -replacing loans.

The state of Hesse had approved 24.7 million euro for the construction of a law school. The Hessian Court accused the state government to have not tested sufficiently in advance of the allocation of funds to the EBS the creditworthiness and liquidity of the university. 2011 called for the country because of accounting errors almost one million euros from college back.

The number of professors went back in recent years (as of 2012). The college now employs 38 senior and junior professors. There are also 32 non-scheduled professors and honorary professors.

In February 2013, the University announced that you should home to a new building on the Moritzstraße which original plans by the Faculty of Law and central institutions, apart. It is to be exclusively used the old courthouse.

In the submitted in May / June 2013 annual financial statements for 2011 was delayed due to the associated with cash outflows net loss in 2011 of approximately 7.2 million euros in the balance sheet at 31 December 2011 not covered by equity of 5.8 million euros reported. The report predicts further losses for the years 2012 and 2013.

Rankings

  • 2012 reached the EBS in the Handelsblatt business managers ranking the 15th place.
  • In the survey of the economic week with 500 HR managers in Germany EBS took the 8th place in 2013 in the field of business administration.
  • In international QS Global 200 Business Schools Report 2013/14 " MBA Employers Choice " EBS took 2nd place in Germany and number 20 in Europe.
  • In the CHE University Ranking 2011/12, the EES of five evaluation areas reached ( total study situation, studiability, International orientation and research funds ), the leading group and the middle group in the field of research reputation in four.
  • In the master 2011 survey by the Centre for Higher Education Development ( CHE), EBS Business School is one in all categories evaluated in the top group.

Public perception and controversies

Alcohol abuse by students in 2010

Aspiring students of EBS are noticed in the immediate vicinity of the university in September 2010 by sprawling behavior as a result of excessive alcohol consumption in the context of an organized semesters of advanced recording ritual. The police had to collect several students to the hospital with a police helicopter and search the Rheingau vineyards. The initiation ritual called " Boot Camp " there were, according to the FTD for many years.

The university administration has adopted the theme, imposed bans alcohol and introduced a strengthened social obligation.

Start-up funding EBS Law School by tax dollars

The establishment of the EBS Law School should be supported by the State of Hesse and the city of Wiesbaden, initially with 25 million euros. This has been especially been criticized because the same public universities had to accept savings. Was then announced in April 2011 that the promotion with 50 million euros will be twice as high as originally planned. In addition, the use of the already paid tax money is unclear.

End of April, announced the Ministry of Science, to let the check intermediate and use of funds for state funding through a consulting firm, and until then freeze all funding. As a result of the tests, the EES had to € 950,000, which had been used instead during the presidency of Christopher Jahns for building the law school for other purposes, to repay the country.

In a report to the state legislature introduced the Hessian State Auditors end of 2012 " for the purpose specified use of funds total in question " and complained that were " presented no reliable analysis on the need for a business-oriented legal education in Hessen and the establishment of another Hessian university." It was also criticized that a large part of the grants were instead used to build the Faculty of Law for general expenses of the university. In December 2012, the parliament sat then type a parliamentary committee of inquiry to investigate the events.

Use of funding at the Automotive Institute for Management

Also on Automotive Institute for Management ( AIM) of the EBS had to be repaid due to non- use 2011 subsidies of € 60,700; regarding further € 300,000 from the year 2010 a further recovery by the Hessian Ministry of Economics is tested at present ( September 2012 ). Already in the year 2011 had to run by Franz -Rudolf Esch Institute 60,700 euros not agreed to repay unspent funding to the Ministry, while the city of Frankfurt got refunded further 31,300 euros. In the recent tests it is, inter alia, therefore, that the managing director of AIM was not there employed there, but rather the way it should have been granted to settle far too high fees. The affected director who is said to have left the Institute August 15, 2012 is considered a close companion of the now indicted for commercial air infidelity previous EBS President Christopher Jahns, who had founded the AIM together with him and EBS Professor Ronald Gleich.

Infidelity affair of former President Christopher Jahns (2011)

Search the Mirror journalists Armin Himmelrath and Markus Verbeet showed 2011, the relationships between the university and companies, especially with the Consultative Group on BrainNet. Their top managers Christian Rast sat in the Foundation Board of the university, whereas EBS President Christopher Jahns belonged boards of several companies belonging to BrainNet. According to the report had connections to the EBS Jahns ' business empire exceptionally tight. According to a report in the Frankfurter Rundschau also Wiesbaden Lord Mayor Helmut Müller is involved in the affair. Thus Müller, the Supervisory Board of the EES has issued an advisory contract for the Wiesbaden Horst- Schmidt -Kliniken to BrainNet. Accordingly, 80,000 euros were settled for a 16-page report. EBS President Jahns was also Chairman of the Board of BrainNet. Due to the allegations, the Federal Ministry of Research has deferred an application for funding of the EES.

The Supervisory Board of EBS gGmbH had the charges against Christopher Jahns initially rejected. The compounds are transparent and certified by auditors. Student representatives and representatives of the mid-level faculty demanded by Jahns the disclosure of corporate relations. Several professors asked him about it in writing to waive the presidency on. On April 4, 2011 Christopher Jahns was arrested in Frankfurt on suspicion of infidelity; the adhesive was placed under conditions other than law enforcement. On April 7, 2011, separated the university from him were a total of EBS eight dismissals pronounced.

Jahns complained against these dismissals and closed in September 2011 with the University of comparison. For his departure he received a severance payment accordingly. Jahns challenged that comparison mid August 2012 initially back in and brought an action because the university had withheld evidence, drew contestation and action shortly before the court hearing date but back again. Jahn's successor, Rolf Cremer, criticized in turn lead Jahns. So he had operated a questionable financial and structural management, in which, among other things, nearly one million euros would be repaid in funding due to incorrect entries must and the Bureau last nine directors had become unmanageable. Under the presidency of Cremer, the EES has the number of managers reduced to three.

In May 2012, the Wiesbaden prosecutor brought charges against Jahn for commercial air infidelity, inter alia, because the consulting firm BrainNet whose Board Jahns was next to his office as EBS boss, the College has made ​​in respect of services that were never rendered. The damage is estimated at 180,000 euros. Investigation to another case in which it comes to 450,000 euros, are not yet completed (August 2012).

Personalities from the University

President

Professors (selection)

  • Andreas Raymond Dombret, Honorary Professor, Member of the Executive Board of the Deutsche Bundesbank
  • Gerrick von Hoyningen -Huene, founding dean of the EBS Law School
  • Michael Huether, Honorary Professor, Director of the Institute of the German Economy
  • Kurt Joachim Lauk, Honorary Professor, President of the Economic Council of the CDU
  • Richard Raatzsch, philosopher

Graduates ( selection)

  • Conny, Business Angel
  • Roy Brandon Burgess, CEO of ION Media Networks
  • Rolf Hansen, Christian Magel and Thomas S. Enge, founder of Simyo GmbH
  • Mark Korzilius, founder of the restaurant chain Vapiano
  • Martin Krebs, Member of the Executive Board ING DiBa
  • Maximilian von und zu Liechtenstein, CEO of LGT Group and son of Prince Hans -Adam II von und zu Liechtenstein
  • "Mad" Marvin Rettenmaier, winner of the X World Poker Tour Championship in 2012.
  • Kai- Uwe Ricke, former CEO of German Telekom
  • Philipp Schindler, Vice President at Google
  • Markus Schrick, CEO Hyundai Motor Germany GmbH
  • Jochen Zeitz, CEO of Puma AG
  • Ralf- Otto Limbach, former Managing Director of Vaillant Group
  • David Groenewold, film producer
  • Christian Unger, President and CEO of Ringier AG

Partner universities

The EES has partnerships with universities, under which occurs an exchange of students of economics and law faculties. The partner universities include:

Abroad, there are other European business schools that were co-founded by the German EBS and connected with her. Meanwhile, all foreign EBS offshoots are independent.

Movies

  • " Grow or go ." The architects of the "global village". Documentary, Germany 2003, 94 min, Book: Marc Bauder, Dorte Franke, Director: Marc Bauder, Production ZDF, The little teleplay ( four graduates of the EBS to be a management consultant in the first steps on their way )
  • "From the beginning elite". Documentary, Germany 2008, 45 min, Book: Julia Friedrichs, Eva Müller, Production: WDR, The Story
  • "The young manager ". Report on the expectations of the managers of tomorrow, Germany, 5:06 min, March 25, 2013
Oestrich-Winkel List of company registers Fachhochschule Educational accreditation German Council of Science and Humanities Equity (finance) Boot camp (correctional) Landtag of Hesse Hans Tietmeyer Cornelius Boersch Prince Maximilian of Liechtenstein Deutsche Telekom BEM Management School
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