The University of Hohenheim is located in Stuttgart, Baden-Württemberg. The University, which was founded in 1818, today has an academic staff of 894 persons and 115 professors in a diversified portfolio of studies and research activities. The Faculty of Business, Economics and Social Sciences was founded in 1975 to provide an institutional setting for the business and economics degree courses. With more than one-half of a total number of ca. 9000 students, it is today the largest faculty of the university, having 42 professors and above 40 lecturers. The Faculty is permanently top-ranked for excellent teaching and research. The Department of Economics has 10 chairs, which are involved in the research activities as well as in the Bachelor, Master and Ph.D. programs in Economics, International Economics and Management as well as in the training of future teachers.