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Founded in 1967 the university has its origins in the 1763 established Theodoro Palatinae (Palatine Academy of the Sciences Mannheim), which was founded by the later Duke of Bavaria Charles Theodor, as well as the Handelshochschule (Commercial College Mannheim), which was initiated by Mannheim's senior mayor Otto Beck and Heidelberg's professor for Economics Eberhard Gothein in 1907.

The University offers a wide range of undergraduate and graduate programs as well as Ph.

The University of Mannheim has no clearly defined foundation date.

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).D degrees within business administration, economics, law, social sciences, humanities, mathematics, computer science and information systems – all with an interdisciplinary and international focus.The University of Mannheim's campus is located in the city center of Mannheim and mainly centers on its main campus – the Mannheim Palace (completed in 1760).The final construction was not completed until 1760.

Karl Philip died in 1742 and was succeeded by a distant relative, the young Count Palatine of Sulzbach and later Duke of Bavaria Charles Theodor.

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.

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.