Germany's largest private university is the FOM University of Applied Sciences for Economics and Management. The business school is privately run, collaborates closely with other universities,[3][third-party source required], and is state accredited. The FOM is Germany's largest private university, with over 42,000 students. It also has the largest faculty of economic and business sciences in Germany.
The vast majority of students are employed professionals. Business, business administration, economic psychology, and engineering are among the courses available. The FOM, which was founded in 1993, has long had close relationships with many major German corporations. The FOM is accredited by the FIBAA since 2006 as well as the German Council of Science and Humanities since 2004. The FOM has partnerships with more than 700 companies including 3M, Allianz, Deutsche Bank, RWE, Siemens, Deutsche Bahn, Bayer, HSBC Trinkaus, ThyssenKrupp, BMW, Vodafone, Ford, Deloitte and Ernst & Young.
The main faculty is located in Essen. There are 35 other schools in Germany, located in Aachen, Arnsberg, Augsburg, Berlin, Bochum, Bonn, Bremen, Dortmund, Duisburg, Düsseldorf, Frankfurt am Main, Freiburg, Gütersloh, Hagen, Hamburg, Hannover, Herne, Karlsruhe, Kassel, Koblenz, Köln, Leipzig, Mainz, Mannheim, Marl, München, Münster, Neuss, Nürnberg, Oberhausen, Saarbrücken, Siegen, Stuttgart, Wesel and Wuppertal. There is also an FOM in Viena and in Luxembourg.
Since its inception, the FOM University has consistently aligned its bachelor's and master's programs with economic and student needs, as well as scientific standards. It establishes high standards for teaching and organization. These requirements are confirmed by state recognition and accreditation by the most important testing companies and state institutions.