Everything started in 1994 with 150 first year students in a business administration course. Today, a total of about 19,000 students attend the FOM Hochschule für Oekonomie & Management University of Applied Sciences and successfully combine their study with working or completing an apprenticeship.
The FOM was founded in 1993 by the Essen Employer’s Association, the Essen Retail Association, the Essen Association of Wholesale and Foreign Trade and by the Chamber of Commerce and Industry in Essen, Mülheim and Oberhausen. FOM is a non-profit organisation. The founding institutions represent important enterprises in energy supply, retail and services, chemical and glass production and the metal and electrical industries – from medium sized private companies to global players. By now the FOM has become one of the biggest private universities in Germany with headquarters in Essen and study centres in Luxembourg and 24 German cities: Aachen, Berlin, Bochum, Bonn, Bremen, Cologne, Dortmund, Duisburg, Duesseldorf, Essen, Frankfurt, Freiburg, Guetersloh, Hamburg, Leipzig, Mannheim, Marl, Munich, Nuremberg, Neuss, Siegen, Stuttgart, Wesel and Wuppertal.
The FOM specialises in offering part-time courses to working people; with focus on practical experience the FOM encourages the knowledge transfer between universities and companies.
All academic degrees awarded by the FOM are officially recognised and accredited by the government: In 2006 the Bachelor and MBA programmes have been successfully accredited by the FIBAA, one of the leading academic accreditation institutions. Furthermore the “Wissenschaftsrat”, the Federal Council of Science, has accredited the FOM as a university of applied sciences in 2004.