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German industry keen to support flexible degrees

Image: University of Salford Press Office [CC BY 2.0], via Flickr

Support for education from German companies is booming, with €2.5 billion being paid to universities in 2012 according to the Stifterverband.

A study commissioned by the Stifterverband, an association of German research sponsors, showed that industry support for academic education increased by 15 per cent between 2009 and 2012. The largest amount—about €950 million—went to dual degrees, in which students spend part of their time working for a company. About 65,000 students took up such a degree last year, an increase of 32 per cent compared with 2009.

Industry is also financing an increasing number of scholarships, according to the study. In 2009, companies in Germany funded 6,000 scholarships; by 2012 this number had increased to 10,000 scholarships worth a total of €45m. Companies also funded 514 full-time professorships in Germany in 2012, the study found.

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