Furthermore, the University of Mannheim is placed 83rd with regard to global employer reputation.
The University of Mannheim is a member of the German Universities Excellence Initiative, the International Association of Universities, the European Network for Training Economic Research, the International Business Education Alliance (IBEA), the Council on Business & Society, the German Research Foundation (DFG), and it is accredited by the European Quality Improvement System (EQUIS), the Association to Advance Collegiate Schools of Business (AACSB) as well as the Association of MBAs (AMBA).
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The 2015 QS World University Rankings ranked the UMA among the best one hundred universities within the disciplines of Social Sciences & Management, Accounting & Finance, Business Administration & Management and Economics & Econometrics, as well as among the Top 50 universities within the discipline of Political Sciences.The construction of the palace was commenced solemnly on 2 June 1720.The overall building process was intended to cost about 300,000 Gulden, financed by an extraordinary "palace tax" (Schlossbausteuer), but in the end, the palace cost totalled more than 2,000,000 Gulden and severely worsened the Palatinate's financial situation.The glamour of the Elector's court and Mannheim's then famous cultural life lasted until 1778 when Charles Theodor became Elector of Bavaria by inheritance and moved his court to Munich.Things worsened further during the Napoleonic Wars, when Mannheim was besieged.
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During Napoleon's reorganization of Germany, the Electorate of the Palatinate was split up and Mannheim became part of the Grand Duchy of Electorate-Bavaria, thus losing its capital/residence status.Although Mannheim kept the title of "residence", the Mannheim Palace was used merely as accommodation for several administrative bodies.In addition, the reorganization of the Palatinate and Bavaria made the Bavarian Academy of Sciences and Humanities a major concurrent for academic funding.The consequences of religious strife, increased rivalry for funding and the Napoleonic Wars put an end to the "Theodoro-Palatinae", which was finally closed on February 17, 1803 after forty years of existence.D degrees within business administration, economics, law, social sciences, humanities, mathematics, computer science and information systems – all with an interdisciplinary and international focus.
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