 This process called "Profilschärfung" (profile sharpening) took place between 2001-2008 and decreased the number of departments as well as offered subjects tremendously.Furthermore, Arndt pushed the development and introduction of an international business school at the University of Mannheim - the Mannheim Business School, that since its opening in 2005 has gained international reputation and a place among the best global business schools.Hans-Wolfgang Arndt's period as rector at University of Mannheim ended in July, 2012 with his retirement, his successor is Ernst-Ludwig von Thadden.