Münster School of Business Administration and Economics

The Münster School of Business and Economics (German: Wirtschaftswissenschaftliche Fakultät) is the business school at the University of Münster (WWU). it has 6,000 students. The University of Münster and in particular the Münster School of Business Administration and Economics is the leading university in Germany in terms of CEO alumni in Top 500 companies.^[1] The admission rate for the undergraduate degree in business is < 7 % (2808:188), making it one of the most competitive ones in Germany.^[2]

History

In 1902 the Department of Law and Political Economics was founded. This department has its roots in the Faculty of Law which was founded in 1780. Today it is known as Department of Political Economics, which is now part of the Münster School of Business Administration and Economics. After that the Department of Business Administration and Management was established. In 1990 the Department of Information Systems was founded, because of the growing need for interdisciplinary research in Computer Science and Business Administration. In 2000 the Department of Economic Education was established due the growing need for economic education from students from other fields of study. In 2006 the School initiated the AACSB accreditation and mastered successfully the accreditation in 2011.^[3]

The school conducts interdisciplinary research with other schools of the University of Münster (for example: Law, Computer Science, Communication Science, Psychology, Medicine (Neuroeconomics, Management), Chemistry and Pharmacy), which have led to new courses and field of studies. It houses the European Research Center for Information Systems, which is a leading research network.

Alumni

For a list of notable Alumni and Scientists see List of Westphalian Wilhelms-University Münster people. The school offers also (electronic) access to its alumni' CVs to prestigious companies (e.g. McKinsey, Accenture, Boston Consulting Group, Bain & Company). Those companies pay for this access and they can easily recruit the Alumnus they want.

Associated Research Centers

• European Research Center for Information Systems (ERCIS)
• Marketing Center Münster (MCM)
• Accounting Center Münster (ACM)
• Finance Center Münster (FCM)
• Center for Management (CfM)
• Center for Hospital Management (CKM)
• Center for Applied Economic Research Münster (CAWM) (Centrum für angewandte Wirtschaftsforschung Münster)
• Muenster Institute for Computational Economics (MICE)
• Coordination Failure Diagnostics (CFD) Web Center

Grading

The Münster School of Business Administration and Economics is well-known for its hard grading. Most of the graduates get a GPA of C or D in their degree. 10 to 18 % receive a B and only 0.5-1% of the graduates get an A- to A. The best GPA (A or A + = 1,0) has never been achieved, yet. More than 50% fail the degree.^[4]

Fields of study

The Münster School of Business Administration and Economics offers many (often postgraduate) courses in English and the following Bachelor, Master, Doctorate, Habilitation research programmes

• Business Administration (Bachelor of Science, Master of Science, Doctorate, Habilitation) - In German: Betriebswirtschaftslehre. Note: There are several lectures taught in English (more lectures in English in the postgraduate degrees).
• Economics (Bachelor of Science, Master of Science, Doctorate, Habilitation) - In German: Volkswirtschaftslehre. Note: There are several lectures taught in English (more lectures in English in the postgraduate degrees).
• Information systems (Bachelor of Science, Master of Science, Doctorate, Habilitation) - In German: Wirtschaftsinformatik. Note: The Master of Science degree is completely taught in English.^[5]
• Economics and Law (Bachelor of Science)
• Political- and Economic Science (Bachelor of Arts) - In German: Politik und Wirtschaft
• Management in Chemistry (Master of Science, Doctorate, Habilitation) - In German: Wirtschaftschemie. Note: There are several lectures taught in English.
• Management in the Energy Industry (Master of Science) - In German: Energiewirtschaft. Double-Degree together with the RWTH Aachen and the Haus der Technik (HDT University).

And the following MBA (Master of Business Administration) programmes

• Executive MBA in Accounting and Controlling
• Executive MBA in Information Management
• Executive MBA in International Health Care and Hospital Management
• Executive MBA in Marketing
• Executive MBA in Mergers and Acquisitions

Before the Bologna process the University awarded the Diplom (Univ.) (Diplom-Kaufmann, Diplom-Kauffrau, Diplom-Volkswirt, Diplom-Volkswirtin, Diplom-Wirtschaftsinformatiker) which is equivalent to a Master's degree.

See also

• University of Münster

References

1. ^ EMP Ranking
2. ^ [1]
3. ^ [2]
4. ^ [3]
5. ^ Master of Science in Information Systems

External links

• Münster School of Business Administration and Economics (German)
• [4] (English)
• General alumni
• Marketing alumni

Coordinates: 51°57′43″N 7°37′12″E / 51.962°N 7.620°E / 51.962; 7.620