The Goethe Business School is a graduate business school in Frankfurt am Main, Germany, the center for management education of Goethe University Frankfurt (Frankfurt University). It operates as an independent, non-profit foundation under private law, part of that university. It is an AACSB accredited school, founded in 2004, located in the heart of Frankfurt am Main, in the House of Finance at the university's Westend Campus. The programs are taught by faculty members of the University’s Faculty of Economics and Business Administration as well as international visiting professors. The school launched its full-time MBA program in 2009, which consists of more than 70% international students. The endowment is based on the House of Finance, which increased its endowment to $28 million/ €21 million in the year 2011.
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“What one doesn’t understand one doesn’t possess.”
—Johann Wolfgang Von Goethe (1749–1832)
“The elements of success in this business do not differ from the elements of success in any other. Competition is keen and bitter. Advertising is as large an element as in any other business, and since the usual avenues of successful exploitation are closed to the profession, the adage that the best advertisement is a pleased customer is doubly true for this business.”
—Madeleine [Blair], U.S. prostitute and “madam.” Madeleine, ch. 5 (1919)
“While most of today’s jobs do not require great intelligence, they do require greater frustration tolerance, personal discipline, organization, management, and interpersonal skills than were required two decades and more ago. These are precisely the skills that many of the young people who are staying in school today, as opposed to two decades ago, lack.”
—James P. Comer (20th century)