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EBS Favorite German B-School Among Global Recruiters

Students from Frankfurt-based EBS Business School top survey of international HR managers

By  

Wed Oct 20 2010

BusinessBecause
International recruiters say the EBS Business School is their favorite school in Germany and one of the top 30 business schools in Europe, according to the QS Employers’ Choice ranking, which came out last week.

The Employers' Choice ranking, published by education company QS, identifies the 200 business schools currently preferred by international employers for the purpose of hiring MBA graduates.

The list is compiled from an annual survey of 5,007 Human Resource managers and line managers with recruiting responsibilities around the world.

The EBS Business School (EBS) was founded in 1971. Unusually for a German university, all programs from undergraduate to executive education level are taught in English.

Graduates of the School’s BSc in Business earn an average starting salary of 54,000 Euros and it consistently ranks as one of Germany’s leading universities for business studies.

Graduate Manuel Siekmann, who now works at management consulting firm Booz & Company, said his program’s “strong international dimension” and opportunities for “in-depth specialization” prepared him for the challenges of his career.

US-based Jon Reifschneider graduated in 2009 with an MBA and has since founded his own company, 31Projects, to connect social enterprises, nonprofits, and entrepreneurs with students who have relevant interests and skills.

Reifschneider, who spent a semester at the Indian Institute of Management Ahmedabad as part of his MBA said the program turned him into a well-rounded leader and manager who, “Can wear many hats and be a master of all the diverse aspects of running a business."

The School offers three MBA programs for people with three to five years of work experience, including a healthcare management executive MBA. It also offers a Master in Business Innovation, open to professionals with two years of work experience, and seven pre-experience MSc programs.

Stefan Lauer, a board member of Deutsche Lufthansa AG, said that EBS Business School’s practical approach to teaching and learning, “Should set a precedent in Germany."

Rosemarie Ng, who heads European and Middle East recruitment for Japanese investment bank Nomura said the firm had “historically hired strong, diverse Analysts from EBS,” and would continue to actively recruit from the School.

Hiring managers at Procter & Gamble said they have “great examples” of EBS recruits within the firm.

As well as international firms, EBS graduates are well-placed to enter Germany’s strong local job market. The School is located just outside Frankfurt, Germany’s financial center, where six of the country’s ten biggest banks are headquartered. The Frankfurt stock exchange is the second-largest in Europe after London.

A hiring manager at German consumer products firm Henkel described EBS students as “highly interesting” because of their intercultural sensitivity and awareness of Corporate Social Responsibility issues.

The country experienced a record quarter of economic growth earlier this year and exports are booming. According to the QS report, many service companies are desperate to recruit German MBAs to serve their successful German clients.

Other business schools rated highly by employers in Europe are: London Business School, SDA Bocconi, HEC Paris and IE Business School.
 

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