Frankfurt School of Finance & Management

Frankfurt School of Finance & Management
motto	German Excellence. Global relevance.
founding	1957
Sponsorship	Private
place	Frankfurt am Main
state	Hesse
country	Germany
President and Chief Executive Officer	Nils Stieglitz
Students	2,436 (WS 2018/19) (in addition there are approx.3,100 participants nationwide in the part-time programs)
Employee	480
including professors	67
Annual budget	EUR 77.7 million (2018)
Website	www.frankfurt-school.de

The Frankfurt School of Finance & Management is a private , state-recognized business university . The sponsor is the Frankfurt School of Finance & Management non-profit GmbH. It has several branch offices in Germany.

history

The university emerged on January 17, 2007 from the Bank Academy and the University of Banking Economics (HfB). The HfB, for its part, was founded in 1990 as a university of applied sciences with a focus on banking and finance, and in 2004 it became a scientific university.

In 1957 the Bankakademie e. V. founded by Gabler Verlag in Wiesbaden. 1966, the association with regional associations of the private banking industry and the Association of Cooperative Banks was re-established as members and offered further training in banking specialist and Bankbetriebswirt on. In the 1970s, the spectrum was also expanded to include a management course with the non-academic degree "Diplomierte Bankbetriebswirt".

The University of Banking Economics (HfB) was founded in 1990 under the umbrella of the Bank Academy . In 1994 the first 35 students graduated with a degree in business administration . The main difference of the educational offer compared to other private (technical) universities was that the business administration course was combined with the possibility of parallel professional practice on a part-time basis without reducing the scope of the course itself.

New Frankfurt School campus

As part of the Bologna Process , the HfB introduced the Bachelor and Master system in 2000. The model of job-integrated academic training was adopted in the job-integrated course leading to a Bachelor or Master of Science. In addition, more and more classic full-time courses with an international focus were introduced. In 2001 the HfB moved to its new campus in Frankfurt's Ostend . In 2003 the first Master’s students graduated.

On November 3rd, 2004 the HfB was transferred to a scientific university. In 2007, both institutions were united under the common roof of the Frankfurt School of Finance & Management. Since January 2008 the Frankfurt School of Finance & Management has been a non-profit limited company supported by the foundation of the same name .

The Frankfurt School currently has 67 professors. Both in the full-time and in the part-time courses, the main focus is now on general business administration. The formerly sole eponymous focus on financial services and management still characterize all courses, but are now primarily offered through elective modules and specialized master's courses. The quota of Frankfurt School graduates who go into industry was recently around 5%. The Frankfurt School of Finance & Management works with around 120 partner universities.

The educational institution moved to the Adickesallee campus in Frankfurt's Nordend in the 2017/18 winter semester . The new building was built between 2014 and 2017 on the site of the former regional finance office in Frankfurt am Main .

organization

The management consists of the President and CEO Nils Stieglitz. The Presidium also includes the Vice Presidents Fatma Dirkes (International Advisory Services), Michael H. Grote (Academic Affairs), Karolina Kristic (Chancellor and CFO), Jovana Karajanov (Chief Information Officer), Oliver Matthews (Chief Marketing Officer), Angelika Werner ( Strategic Relations) and Jörg R. Werner (Degree Programs).

The scientists at the Frankfurt School are organized in six so-called departments.

Department	ladder	Professors	Honorary professors	other full-time teachers
Finance	Zacharias Sautner	19th	0	2
management	Selin Atalay	21st	1	3
Economics	Markus Reisinger	8th	2	1
Accounting	Frank Ecker	6th	1	0
Legal Studies & Ethics	Gregory Wheeler	7th	0	0

Academic programs

Bachelor and Master

The Frankfurt School offers a Bachelor of Science (BSc) degree in Business Administration, which comprises seven semesters and 210 ECTS credit points . The program can be studied in seven variants, which differ in terms of their content focus, the language of instruction and the time model. Two program variants are part-time, i.e. In other words, they combine work with studies. All program variants also include an internship abroad and at least one semester of study abroad at one of the Frankfurt School's partner universities. The variants are:

• Banking and Finance (in English)
• International Management (in English; two semesters abroad; it is possible to acquire a double degree at certain partner universities abroad)
• Business administration with a focus on auditing (in German and English)
• Business administration (in German and English; part-time)
• Business informatics (in German and English; part-time)
• Management, Philosophy and Economics (in German and English (until Intake 2016), since 2017 in English)
• Business administration for professionals (predominantly in German; shortened studies for banking specialists and banking economists )

In the part-time study programs, the Frankfurt School cooperates with large banks such as Deutsche Bank , Commerzbank , KfW , DekaBank , DZ Bank and Postbank and with other companies such as Deutsche Telekom . The cooperation partners provide the jobs. In addition to their salary, the students receive a part of the tuition fees from their respective employers - usually 25%, in rare cases up to 100%.

The educational institution also offers master’s programs and awards the academic degrees Master of Science (M.Sc.), Master of Arts (MA), Master of Business Administration (MBA) and Master of Laws (LL.M.):

• Master in Auditing (MSc)
• Master in Applied Data Science (MSc)
• Master in Corporate Performance & Restructuring (MSc)
• Master of Finance (MSc)
• Master in Management (MSc)
• Executive Master of Business Administration (MBA)
• Master of Business Administration (MBA, full-time and part-time)
• Master of Business Administration for Executives Kinshasa (MBA, part-time)
• Master of Business Administration in International Healthcare Management (MBA)
• Master of Mergers & Acquisitions (LL.M.)
• Master of Financial Law (LL.M.)

Part-time programs

• Finance and Management (Bachelor of Arts)
• Training integrated degree (banker and Bachelor of Science) in cooperation with cooperation partners
• Bank specialist (IHK) / (FS)
• Banking Economist (FS)
• Graduated banking economist (FS)
• Investment specialist (IHK) / (FS)
• Certified Corporate Treasurer VDT

Specialized programs such as B. Finance Journalism etc. offered.

Accreditations

All statements acquired with a degree are recognized by the state and by the Foundation for International Business Administration Accreditation (FIBAA) accredited . In May 2014, the Frankfurt School was also accredited by the Association to Advance Collegiate Schools of Business (AACSB) International and in June 2014 also the EQUIS seal. The Frankfurt School of Finance & Management is currently one of four German universities that have been accredited by AACSB , FIBAA and EQUIS. In September 2018 she also received the AMBA accreditation and thus belongs to the group of Triple Crown accredited institutions.

After receiving a limited doctorate right until 2015, it was accredited by the Science Council in October 2015 for a further five years as a university that is equivalent to a university.

Rankings and Research

This article or the following section is not adequately provided with supporting documents ( e.g. individual evidence ). Information without sufficient evidence could be removed soon. Please help Wikipedia by researching the information and including good evidence.

In terms of the number of DAX board members, the university ranked 15th in 2019. In absolute figures, 3 out of a total of 195 DAX board members were Frankfurt School graduates in 2019.

In the "Financial Times Global Masters in Finance Pre-Experience Ranking 2017" the Financial Times of Master of Finance (M.Sc.) Frankfurt School of Finance & Management course has 28. As in previous years, the Frankfurt School, the only German University in the FT ranking. In the Executive Education 2017 ranking, the Frankfurt School of Finance & Management ranks 74th worldwide and is among the top 3 in Germany. In 2016, the Executive MBA of the Frankfurt School of Finance & Management is represented for the second time in the Financial Times Executive MBA Ranking of the 100 best business schools. The EMBA ranks 81st worldwide and 37th in Europe. In addition, the Financial Times published a list of the ten best business schools in the world for finance. Here the Frankfurt School comes in fifth.

In the 2018 Employability Ranking by Trendence, a consulting and market research company, the Frankfurt School of Finance & Management ranks 6th among German colleges and universities.

The Handelsblatt VWL Ranking 2015 - Two professors from the Frankfurt School of Finance & Management are ranked 69th (Markus Reisinger) and 77th (Werner Güth) for the best research performance. Werner Güth, who worked as Senior Professor of Economics at the Frankfurt School from 2015 to 2016, took 15th place in the Handelsblatt VWL Ranking 2015 for life's work. In addition, Alexander Libman ranks 70th among the top researchers under 40.

In the university ranking of Wirtschaftswoche for the year 2019, the Frankfurt School ranks 9th in business administration.

In the 2019/20 CHE ranking, the Frankfurt School of Finance & Management occupies a top position and is in second place in business administration. Based on the number of international publications per scientist in the Web of Science publication database, the Frankfurt School is in first place.

In 2018, Frankfurt School was ranked 84th in the world in the Times Higher Global Employability University Ranking and 6th in Germany.

More information

Admission process

A two-stage application process is carried out for admission. An assessment center follows the written application . The assessment center for the Bachelor programs consists of several written tests in which analytical and logical skills, team skills, general economic knowledge and foreign language skills are tested in English , and a group exercise. In addition, applicants are interviewed by two people. Interviewers are usually a representative of the university - for example a professor or one of the program directors - and a representative of a company with which the Frankfurt School works. A language certificate must also be submitted for the two English-language Bachelor programs offered ( GER language level C1).

Quality in teaching

All courses are evaluated by the students. Learning objectives are also defined for the individual study programs, i.e. competencies and skills that the students should have acquired by the end of their studies. In this way, the university not only checks its students, but also its own teaching performance. There are dedicated employees for quality management.

Appearance and logo

The new logo

The logo is an artificial signet in which, in addition to echoes of the dollar , euro , yen and pound currency symbols, the mathematical-scientific symbols for equal / unequal and infinite can be recognized. The colors were originally dark blue (the color of the bank academy) and yellow-orange (formerly HfB).

The old logo

The Frankfurt communications agency Maleki Group filed an objection to the trademark on March 30, 2007 with an attempt to allow the Frankfurt School of Finance & Management to use the name components "Frankfurt" and "Finance", the logo and the color combination blue / yellow prohibit.

Before the Landgericht Frankfurt am Main was on 10 November 2009 in a public Presiding Justice Kastner goodness appointment stated that a similarity between the signs is not given. With regard to the color combination, a comparison was advised in which the Frankfurt School dispenses with the yellow tones in the logo. Since August 30, 2010, the Frankfurt School has been using the combination of blue / white in the color design of the logo.

The Frankfurt School of Finance & Management has had a new logo since September 1, 2015. The addition “Bankakademie HfB” has been dropped and the motto “German Excellence. Global Relevance. ”Has been replaced.

Temporary right to confer doctorates

The Frankfurt School has had a doctoral program since 2005 that leads to the academic degree Dr. rer. pole. concludes. The right to award doctorates was initially granted for a limited period until December 31, 2010, the time limit was extended once for five years. The private school's right to award doctorates is not undisputed. In a statement on accreditation, the Science Council noted that the Frankfurt School had "only taken energetic steps very late in order to underpin the right to confer doctorates with adequate research achievements" and expressly excluded the limited-time doctorate from the accreditation, which was granted for ten years . According to the Science Council, the Frankfurt School failed to create the institutional and infrastructural requirements for a research environment. He therefore sees "currently no sufficient scientific basis to recommend an unlimited or further extension of the previously limited doctoral right for the Frankfurt School." After allegations of plagiarism, the doctoral degree was withdrawn from the first graduate who received his doctorate at the Frankfurt School in 2007 . In a renewed examination of the right to award doctorates, the Science Council determined in 2015 that “the Frankfurt School corresponds to the scientific standards of a university that is equivalent to a university [...]. The Science Council therefore recommends the State of Hesse to extend the Frankfurt School's existing right to award doctorates. ”On the basis of the expert opinion of the Science Council in the context of the so-called“ compact procedure for doctorate rights ”, the Hessian Ministry of Science and Art finally granted the“ unlimited time limit ”at the end of 2016 “Of the right to award doctorates for the Frankfurt School.

Well-known professors

• Sascha Steffen , Finance
• Tobias Berg, Finance
• Eberhard Fees , Managerial Economics
• Afschin Gandjour , Health Management
• Roland Koch , former Prime Minister, Hesse (1999–2010).
• Horst Löchel , Economics
• Thorsten Polleit , chief economist at Degussa Goldhandel
• Werner Güth , Economics
• Philipp Sandner, Economics
• Udo Steffens , former President & CEO of the Frankfurt School of Finance & Management

Alumni

Since it was founded, more than 100,000 graduates have graduated in professional development. In the academic programs there are currently over 4,000 alumni from the diploma, bachelor and master degree programs and the doctoral program. For historical reasons, the Frankfurt School still has two alumni associations, as the two alumni associations remained independent after the merger of the Bankakademie and HfB. A merger was decided in May 2016.

• Frankfurt School Alumni eV (formerly HfB-Alumni eV): Association of the graduates of the academic courses
• Frankfurt School of Finance & Management Bankakademie Alumni eV Association of graduates of professional development programs (banking specialist, banking economist, management studies)

Well-known graduates

• Alexander Doll, Board Member Deutsche Bahn AG
• Axel Frein, CEO Valovis Commercial Bank
• Rainer Fuhrmann, CEO of DZ Bank Polska
• Jörg Hessenmüller, COO of Commerzbank
• Sascha Klaus, CEO of Berlin Hyp AG
• Jochen Klösges, Board Member Commerzbank
• Stefan Müller , Parliamentary Managing Director of the CSU regional group in the German Bundestag
• Sönke Rothenberger , Olympic dressage champion
• Michael Ruhl, CEO of Deutsche Fonds Holding
• Silvia Schmitten-Walgenbach, CEO of the Association of Foreign Banks and member of the management of Barclays Bank Plc Frankfurt Branch
• Christian Sewing , CEO of Deutsche Bank
• Ulrich Sieber, former Commerzbank board member
• Klaus Stöttner , CSU , member of the Bavarian state parliament
• Sascha Rabe, non-fiction author

See also

• List of universities in Germany
• EBS University of Economics and Law
• Johann Wolfgang Goethe University Frankfurt am Main

Web links

• Official website
• Literature from and about Frankfurt School of Finance & Management in the catalog of the German National Library

Individual evidence

1. ↑ frankfurt-school.de
2. ↑ Places | Dates | Registration frankfurt-school.de, accessed on April 10, 2018.
3. ↑ fs: history. Retrieved January 13, 2020 . frankfurt-school.de ( Memento from July 20, 2012 in the Internet Archive ) 
4. ↑ fs: Alumni survey. 2014, accessed January 13, 2020 . frankfurt-school.de ( Memento from March 6, 2014 in the Internet Archive ) 
5. ↑ fs: Access to the 2018 annual report. Accessed January 14, 2020 . 
6. ^ Presidium. Retrieved September 22, 2019 . 
7. ↑ Departments | Frankfurt School. Retrieved September 22, 2019 . 
8. ↑ fs: Business Administration (BSc in Business Administration). Retrieved January 14, 2020 . BSc ( Memento from May 9, 2017 in the Internet Archive ) 
9. ↑ Finance Journalism at the Frankfurt School. ( Memento from March 2, 2007 in the Internet Archive ) on frankfurt-school.de
10. ↑ fs: accreditation. Retrieved January 14, 2020 . frankfurt-school.de ( Memento from July 4, 2014 in the Internet Archive ) 
11. ↑ System-accredited universities FIBAA ( Memento from February 2, 2013 in the Internet Archive )
12. ↑ efmd.org
13. ^ Triple Crown for Frankfurt School. Retrieved September 5, 2018 . 
14. ↑ Wissenschaftsrat.de
15. ↑ The DAX board members studied at these universities | charly.education. Retrieved October 21, 2019 . 
16. ↑ University ranking: The best universities in the Global University Employability Ranking. November 23, 2017. Retrieved June 22, 2019 . 
17. ↑ Handelsblatt VWL Ranking 2015 - Best Research Performance - Handelsblatt Online. Retrieved June 23, 2019 . 
18. ↑ Handelsblatt VWL Ranking 2015 - Lifetime Achievement - Handelsblatt Online. Retrieved June 23, 2019 . 
19. ↑ Prof. em. Dr. Werner Güth. Retrieved June 23, 2019 . 
20. ↑ Jan Guldner: Uni-Ranking 2019: All results at a glance. Retrieved June 22, 2019 . 
21. ↑ ^{a b} CHE university ranking. Retrieved June 22, 2019 . 
22. ↑ Graduate employability: top universities in Germany ranked by employers 2018. November 14, 2018, accessed on June 22, 2019 (English). 
23. ↑ fs: Assessment Center. Retrieved January 14, 2020 . frankfurt-school.de ( Memento from July 14, 2014 in the Internet Archive ) 
24. ↑ fs: language certificate. Retrieved January 14, 2020 . frankfurt-school.de ( Memento from July 14, 2014 in the Internet Archive ) 
25. ↑ fs: quality management. Retrieved January 14, 2020 . frankfurt-school.de ( Memento from August 14, 2012 in the Internet Archive ) 
26. ↑ LG Frankfurt 2-18 O 35/09.
27. ↑ Word / figurative mark of the Frankfurt School of Finance & Management ( Memento from August 6, 2012 in the Internet Archive )
28. ↑ Melanie Welters: Right to award doctorates extended. In: Journal Frankfurt . January 25, 2011, accessed September 14, 2013 . 
29. ↑ Statement on the accreditation of the Frankfurt School of Finance & Management (PDF; 297 kB), Wissenschaftsrat, p. 12 and p. 10, accessed on December 14, 2012.
30. ^ Statement on the accreditation of the Frankfurt School of Finance & Management (PDF; 297 kB), Wissenschaftsrat, p. 11, accessed on December 14, 2012.
31. ↑ Annual Report 2007 ( Memento of September 4, 2014 in the Internet Archive ) (PDF) Management Research Center, Frankfurt School of Finance & Management, p. 2.
32. ↑ Frankfurt School withdraws doctoral degree - Mh / press review October 17, 2012. Frankfurter Allgemeine Zeitung, October 17, 2012, accessed on September 14, 2013 (issue no. 242, p. 33). 
33. ^ Wissenschaftsrat: Statement on the accreditation (right to award doctorates) of the Frankfurt School of Finance & Management, Frankfurt am Main. (PDF) October 16, 2015, accessed on February 9, 2017 . 
34. ↑ Handelsblatt-VWL-Ranking 2019: VWL-Ranking list: practical research prevails. Retrieved October 7, 2019 . 
35. ↑ Philipp Sandner is one of the most important economists. Retrieved September 22, 2019 . 
36. ↑ Archive link ( Memento from July 17, 2016 in the Internet Archive )
37. ↑ fs: Alumni Association. Retrieved January 14, 2020 . 
38. ↑ Information on Hessenmüller on the bank's website , accessed on October 4, 2019.

Coordinates: 50 ° 7 ′ 58 ″  N , 8 ° 40 ′ 49 ″  E