The Higher Education Review

German higher education institutions have always been at the forefront of innovation and excellence and this has attracted aspiring students from all across the globe to pursue their higher education in Germany. The Otto-von-Guericke Business School Magdeburg is one of the leading Business Schools in the field of management in Germany and has one of the biggest computer laboratories for economic experiments with them. The Business School is also an integral official partner of the state-owned Otto-von-Guericke-University Magdeburg for studies in management, economics, psychology and they are constantly striving to offer world-class education. The University prioritizes on offering education to students in small numbers so that the teacher can understand each individual student and address their needs accordingly. At OVGBS, the students will be educated based on the newest economic researches, and methods which allow them to acquire the needed skills required to make a name for themselves in their respective industries.

Creating Capable, Industry-Ready Professionals
Building on a solid basis in management, accounting and finance, OVG-BS prepares graduates for high level positions in foreign or multinational companies, consultancy firms, financial institutions, international organizations, and other highly qualified positions. “We are one of the biggest and oldest business schools in northern Germany which allows us to offer better holistic business education to our students. The University is operating in two pillars. Pillar 1 is educating full-time workers in part-time study programs. Then, Pillar 2 is providing education to international full-time students with a focus on Asia. Our international corporations began in 2011 and are based on the international orientation of the faculty of management and

economics, which introduced the first fully English taught Bachelor program in management in 1997. As we are teaching students in small classes, the student/lecture-ratio is really low. We are also offering a wide range of support to our students before, during, and after studying at our Business School. We also provide information about housing and accommodation of our international students so that their transition to life at the campus is smooth and hassle free”, aversProf. Dr. Joachim Weimann, CEO, Otto-von-Guericke Business School Magdeburg.

“Building on a solid basis in management, accounting and finance, OVG-BS prepares graduates for high level positions in foreign or multinational companies”

OVG-BS offers a full-time program in international MBA (general management) for its foreign students. The University also offers students from abroad a flexible study program that is designed in a way that the students will have around one-year lectures, one semester seminars and the last semester for the Master’s Thesis. During the second year, students can also be in their home countries and are given the opportunity to do their presentations online. The study programs at the Business School Magde burg are based on three pillars. First, general lectures in the field of management like Mathematics and Statistics, Finance, Risk Management, Financial Accounting, Logistics, Operations Management, Marketing, and International Management. Second is Behaviour lectures like Game Theory, Decision Theory and the Third is in Economics, like Economic Policy, Macroeconomics, and International Economics. Therefore, the University is offering the full range of skills needed to be a successful manager. General knowledge in management will be added values for the students which will help them to understand people and this will be supplemented by knowledge in economics to understand global threats and opportunities.

Catering to a Global Audience
As the focus of the University is to offer scientific-based practical education, the lectures provided by the faculty at OVG-BS will

prepare students for both the existing and upcoming problems in the world. Lecturers at the University also use case studies and best-case scenarios for helping the students to understand the real-life applications of the concepts that they are learning which will help to be prepared for their future career. For international students,OVG-BSis also providing support from native speakers and are offered a crash course in intercultural behaviour. Adding about the financial aspect of studying at the University, Dipl.-Kfm. Christian Stahr, COO, OVG-BS says, “We are offering a transparent tuition fee scheme for every student regardless of race and origin. All international students will receive the same privileges as a local student. All students receive a tuition fee flat rate, so if students need to study longer, they do not need to pay more than the current price.”


Christian Stahr, COO, OVG-BS
Starting in 2002 by offering just an MBA program in German, OVG-BShas come a long way and now they have grown into one of the most reputed business schools in the country. By creating an inclusive learning environment, OVG-BSis aiming to impart top-notch German business education to students across the globe and become an internationally recognized business school that can make a positive impact on their student’s lives.

Dr. Joachim Weimann, CEO, Otto-von-Guericke Business School Magdeburg
Apart from being the CEO, Dr. Joachim is also a professor of Economics at the University. His industry expertise and experience has been a massive boost for the sustained growth of OVG-BS.

He graduated from the University of Bielefeld, was Postdoc in Dortmund and is full university professor in Magdeburg since 1994. He is a highly decorated researcher (one of the most important economic researcher in Germany regarding Frankfurter Allgemeine Zeitung).