The International Business School (IBS) is a private, for-profit institution of post-secondary education based in Nuremberg, Germany. It does not have German state accreditation. The school was founded in 1984 and focuses on business and management education. In April 2018, IBS announced that it would cease operation in 2021 and would accept no further students after the 2018 summer term. The school was originally established in Lippstadt in 1984 as a GmbH (private limited company). By 2002 further branches were established in Bad Nauheim and Berlin. Although the Bad Nauheim and Berlin branches were registered as separate companies, they all had the same director and shareholders and all three were wholly owned subsidiaries of the ESO Education Group . Nevertheless, on their websites the three IBS branches misrepresented themselves to prospective students as "non-profit" institutions. More information...
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