GISMA Business School

In financial difficulty after its partnership with Krannert School of Management ended, GISMA was rescued from bankruptcy when it was bought by the for-profit education company Global University Systems in September 2013.

[2][3] As of 2021 it offers a variety of undergraduate and postgraduate degrees, including an AMBA Accredited Global MBA, all of which are awarded by Gisma University of Applied Sciences.

[4] From the outset GISMA formed a partnership agreement whereby it would pay Krannert School of Management in the United States to deliver and award the MBAs.

Later that year GISMA moved its site from Heideviertel in the outskirts of Potsdam to Goethestraße in the city center close to the Leibniz Universität campus.

[6][7] By 2013 the school's deficit had grown to 1.2 million euros, the Lower Saxony Ministry of Economic Affairs had frozen its annual grant, and Volkswagen had canceled its sponsorship.

[8][9] Chris Earley, the Dean of Krannert School of Management at the time, said in an official statement that in addition to GISMA's difficulties in attracting students, "its internal struggles with turnover in its own organization ha[d] made a problematic fiscal situation even more difficult.

[2] The partnership with Leibniz Universität Potsdam ended, apart from a weekend MBA programme which had enrolled students prior to the GUS takeover and ran until they completed their degrees in 2015.

In early 2019 GISMA opened a UK centre at the University of Law's Bloomsbury campus where it delivers executive education and business short courses.