University of Applied Sciences for Economics and Management Logo

University of Applied Sciences for Economics and Management

Essen, Germany

FOMFachhochschule für Oekonomie and Management is a non-profit institution specializing in business administration within the Rhine region of Germany, consistently ranked amongst the top 300 universities across Europe. It offers a Bachelor's degree in Banking and Business Administration with a PhD focus on Economics which provides students with extensive program options aligned with industry trends.

Est. 1993 Non-profit Private 35%* Acceptance
3646
World Ranking
Global University Rank
Language German

Basic Information

University Type
Non-profit
Funding
Private
Highest Degree
Doctorate
Founded
1993
Acceptance Rate
35%*
Languages
German
Last Updated
Updated on June 21, 2026
Accreditation
Wissenschaftsrats; Foundation for International Business Administration Accreditation (FIIBA)
Address
Leimkugelstraße 6 Essen, 45141 Germany

Tuition Costs (Annual)

Bachelor's Degree
€3,150
Master's Degree
€4,950
Doctorate Degree
€4,950

Academic Metrics

2769
Publications
21221
Citations

Programs Offered

Business

Bachelor's

Business Administration International Business Marketing

Master's

Accounting Business Administration Human Resources Management Marketing

Doctorate

Business Administration

Communications

Bachelor's

Media Studies

Computer Science

Bachelor's

Computer Science

Master's

Computer Science Data Science

Economics

Bachelor's

Banking Economics Finance

Master's

Economics Finance Risk Management

Doctorate

Economics

Engineering

Bachelor's

Computer Engineering Electrical Engineering Industrial Engineering Mechanical Engineering

Master's

Electrical Engineering Industrial Engineering Mechanical Engineering

Healthcare

Bachelor's

Health Science

Master's

Health Science Public Health

Information Technology

Bachelor's

Information Technology

Master's

Information Technology

International Studies

Bachelor's

General Studies

Master's

General Studies

Law

Bachelor's

Law

Master's

Law

Psychology

Bachelor's

Psychology

Master's

Psychology

Sociology

Bachelor's

Social Work

About University of Applied Sciences for Economics and Management

The FOM Fachhochschule für Oekonomie and Management in Essen, Germany, stands as a dynamic and progressively expanding educational institution specializing in Economics and Business Administration within the prestigious University of Applied Sciences for Economics and Management (FOM). Located in North Rhine-Westphalia, specifically in the city of Essen, at Leimkugelstraße 6, this university boasts a significant presence – currently ranked among the top 3646 universities in Germany. Established in 1993, FOM has a rich history deeply intertwined with German vocational education and offers a comprehensive program focused on equipping students with practical skills needed for success in dynamic business environments. The institution’s highest degree awarded is a PhD, attracting researchers from various disciplines including management studies.

The university provides Bachelor's programs across diverse areas of study, catering to a growing demand within the region – primarily focusing on Banking, Business Administration, Law, Computer Engineering, and related fields. These programs are designed with an emphasis on practical application through industry partnerships and real-world projects. A Masters program in Accounting & Management offers specialized training for professionals seeking advanced knowledge in these key areas. Furthermore, a range of tailored Master's degrees are available focusing on Economics and Data Science. The institution’s commitment to continuous improvement is reflected in its growing faculty pool with approximately 2769 publications and over 2100 citations – demonstrating a dynamic research landscape within the program.

FOM distinguishes itself through an internationally recognized accreditation process (Wissenschaftsrats) and its affiliation with the Foundation for International Business Administration Accreditation (FIIBA). These accolades signal a commitment to rigorous academic quality and standards of excellence. The university’s strength lies not only in its academic offerings but also in its strategic location within Essen, a major economic center, providing students with proximity to numerous industries and opportunities. The FOM hosts 587,000 residents in the city, showcasing a vibrant local context where students can develop both professional expertise and engage with their surroundings. The university’s overall funding model is primarily driven by private investment, fueling its growth into a valuable contributor to the economic landscape of Essen and North Rhine-Westphala.

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