▁consists ▁of ▁ 5 ▁fac ult ies , ▁which ▁in ▁turn ▁compr ise ▁several ▁discipl ines , ▁depart ments , ▁and ▁instit utes . ▁As ▁a ▁consequence ▁of ▁the ▁Bolog na ▁process , ▁most ▁fac ult ies ▁now ▁offer ▁Bach elor ' s , ▁Master ' s , ▁and ▁Ph . D . ▁degrees ▁to ▁comp ly ▁with ▁the ▁new ▁European ▁degree ▁standard . ▁A ▁notable ▁exception ▁is ▁the ▁under grad uate ▁program ▁in ▁law , ▁from ▁which ▁students ▁still ▁gradu ate ▁with ▁the ▁Staat sex amen ▁( state ▁exam ination ), ▁a ▁central ▁exam ination ▁at ▁Master ' s ▁level ▁held ▁by ▁the ▁State ▁of ▁North ▁Rh ine - West phal ia . ▁Each ▁of ▁the ▁fac ult ies ▁is ▁head ed ▁by ▁a ▁de an ▁and ▁a ▁fac ulty ▁council ▁over see ing ▁the ▁research ▁and ▁teaching ▁conduct s . ▁ ▁The ▁university ▁is ▁organ ised ▁in ▁four ▁fac ult ies : ▁ ▁Fac ulty ▁of ▁Cultural ▁and ▁Social ▁Sciences ▁ ▁Fac ulty ▁of ▁Mathemat ics ▁and ▁Computer ▁Science ▁ ▁Fac ulty ▁of ▁Business ▁Administration ▁and ▁Econom ics ▁ ▁Fac ulty ▁of ▁Law ▁Fac ulty ▁of ▁Psych ology ▁ ▁Camp us ▁and ▁study ▁cent ers ▁ ▁Initial ly , ▁Fern Univers ität ' s ▁depart ments ▁were ▁hous ed ▁in ▁r ented ▁apart ments ▁and ▁buildings ▁located ▁all ▁over ▁H agen ▁and ▁even ▁outside ▁the ▁city . ▁The ▁development ▁of ▁Fern Univers ität ' s ▁campus ▁near ▁the ▁road ways ▁A ▁ 4 5 ▁and ▁A ▁ 4 6 ▁began ▁in