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Newsletter Fall 2009 - Munich Business School

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From Insider’s Tip to Leading Brand<br />

University ranking of the German business magazines ‘Wirtschaftswoche’<br />

and ‘Handelsblatt Junge Karriere’ attests to the remarkable reputation of<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong> among German personnel managers<br />

The growing degree<br />

of popularity<br />

of MBS has<br />

also impacted<br />

the joint university<br />

ranking of<br />

the German<br />

business magazines‘Wirtschaftswoche’<br />

and ‘Handelsblatt<br />

Junge Karriere’. In this survey of over<br />

500 personnel managers, <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong> was voted among the top 10 of the<br />

best Universities of Applied Sciences in<br />

Germany in the area of business studies.<br />

Regarding the size of MBS, which is betting<br />

on quality instead of quantity, this evaluation<br />

exceeds all expectations.<br />

For first of all, one has to consider that<br />

MBS is significantly smaller than most of<br />

its competitors, which means that each<br />

year significantly fewer graduates leave<br />

the university than at other institutions.<br />

When also considering that <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong> has only had its name since<br />

2003 and thus its graduates have only<br />

been seriously noticeable under this<br />

name for five years, it becomes clear how<br />

good of a reputation <strong>Munich</strong> <strong>Business</strong><br />

<strong>School</strong> and its graduates have among<br />

personnel managers in Germany.<br />

The appreciation of the personnel managers<br />

is explained when taking into account<br />

what they are especially looking for when<br />

selecting future managers. The majority<br />

of personnel managers list the candidate's<br />

personality (87 percent), their practical<br />

experience (71 percent), and a very<br />

good command of English (57 percent) as<br />

the most important selection criteria. The<br />

setup of the programs of studies at <strong>Munich</strong><br />

<strong>Business</strong> <strong>School</strong>, with their focus on<br />

personality development, practical relevance,<br />

and internationality, thus matches<br />

the requirements of personnel managers<br />

very closely.<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong> Voted the Best<br />

University of Applied Sciences in Germany<br />

In a nationwide analysis on the satisfaction<br />

of students with their university, <strong>Munich</strong><br />

<strong>Business</strong> <strong>School</strong> has again achieved a<br />

top rank. Between November 2008 and<br />

March <strong>2009</strong>, the consulting firm Universum<br />

asked 19,000 students from around<br />

100 universities to evaluate their institution<br />

on a scale from 5 (very satisfied) to 1<br />

(very dissatisfied).<br />

With an average of 4.8 from the grades in<br />

individual categories such as teaching<br />

staff, selection of lectures, service, or career<br />

counseling, MBS was voted the second<br />

best university in all of Germany. We<br />

are only outranked by the Handelshochschule<br />

Leipzig (4.92), which doesn't offer<br />

a Bachelor program, however.<br />

The following places are taken by the<br />

WHU Otto Beisheim <strong>School</strong> of Management,<br />

the Frankfurt <strong>School</strong> of Finance<br />

and Management, and the University of<br />

Applied Sciences Bonn-Rhein-Sieg.<br />

Looking at the private universities in detail,<br />

<strong>Munich</strong> <strong>Business</strong> <strong>School</strong> also reached<br />

second place, ahead of WHU, the Frankfurt<br />

<strong>School</strong> of Finance and Management,<br />

and the University of Witten/Herdecke.<br />

In the ranking of the Universities of Applied<br />

Sciences, MBS holds first place with<br />

a clear margin to the University of Applied<br />

Sciences Bonn-Rhein-Sieg and the<br />

Universities of Reutlingen, Ingolstadt,<br />

Deggendorf, and Mannheim.<br />

3<br />

New Concentrations in the<br />

Master’s Program<br />

Starting with the next semester,<br />

MBS offers two new business<br />

concentrations in its Master’s<br />

program.<br />

International Family Firms<br />

This concentration is training the<br />

next generation of entrepreneurs<br />

for national and international<br />

multi-generational family businesses.<br />

Through this new emphasis,<br />

MBS wants to support all those<br />

who want to assume responsibility<br />

in corporate succession now.<br />

Family businesses often face<br />

complex challenges between the<br />

conflicting priorities of family and<br />

business, technological progress<br />

and international competition.<br />

MBS provides soon-to-be entrepreneurs<br />

with the necessary<br />

tools in order to lead their family<br />

business into a successful future.<br />

Luxury Management<br />

Successful marketing of products<br />

and services in the luxury segment<br />

requires profound understanding<br />

of the specifics of the<br />

corresponding markets and<br />

clients. Historical and sociological<br />

issues give access to the topic of<br />

luxury, as do considerations from<br />

the areas of philosophy, economy,<br />

ecology, and psychology. The<br />

new study focus sensitizes students<br />

to the phenomenon luxury<br />

in all its aspects and provides<br />

them with a well-founded theoretical<br />

background and at the<br />

same time with a very practical<br />

approach for the demanding<br />

tasks in this predominantly international<br />

area.

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