The FOM University of Applied Sciences for Economics and Management (short FOM) is a private, state-recognized university based in Essen, Germany. It was founded in 1993 and primarily caters to professionals, trainees, and international students. The university is operated by the non-profit foundation "Bildungscentrum der Wirtschaft". With around 57,000 students (as of January 2021) and approximately 1,000 staff members, FOM is one of the largest private universities in Europe.

FOM's range of programs includes bachelor's and master's degree courses as well as dual study programs, which are highly practice-oriented. The university is divided into several academic departments, including Business & Management, Engineering, and Health & Social Sciences. FOM offers part-time study programs for working professionals, while full-time programs are also available for high school graduates and international students. The university ensures a high level of compatibility between studies and work with its flexible study models.

Since 1993, FOM has been state-recognized and in 2012 became the first private university in Germany to receive system accreditation. With its own quality management system, it consistently ensures high academic standards. Additionally, FOM promotes research that is practice-oriented and application-oriented, which also informs its teaching.

FOM collaborates with over 10,000 companies, including major names such as Deutsche Telekom, Allianz, and BMW. With these partners, the university develops customized study programs tailored directly to the needs of the economy. Internationally, FOM is well-connected through partnerships with other universities and research projects.

The FOM University is a non-profit institution that reinvests its revenue entirely in teaching, research, and infrastructure. Its mission emphasizes sustainability, diversity, and the promotion of individual potentials. The "Open University" aims to facilitate the transition between vocational and academic education. By focusing on scientific theory combined with practical experience, FOM provides an attractive option for students who value practice-oriented, flexible study programs.

Tuition fees at FOM average €16,303 for a bachelor's degree and €12,377 for a master's degree (as of 2023).