Milestones

2019: Introduction of the Case Method for obtaining the Certified Financial Modeler. 2 paths lead to the title Certified Financial Modeler: Academic excellence and Professional excellence.

2017: The English book "Financial Modeling" is published by Macmillan (London).

2016: Graduates of the Certified Financial Modeler program can receive 35 ECTS (European Credit Transfer System) erhalten.

 

2016: Cooperation with IMAP M&A Consultants AG

 

2015: Development of three level strategy of the Certified Financial Modeler program

 

2014: Cooperation with TU Investment Club with award of scholarships

PRESS RELEASE

TU Investment Club e.V. and the German Institute of Corporate Finance (GICF) agree on strategic partnership

TU Investment Club e.V. collaborates with the GICF on a long-term basis. The objective is a cooperation in the area of corporate finance.

Munich 17/09/2014 – The non-profit student-managed Investment Club, TU Investment Club e.V., has concluded a contract with regards to a strategic partnership with the German Institute of Corporate Finance (GICF). The cooperation is planned to last for a five-year period.

With the “Certified Financial Modeler”, the GICF supports the practical training of students. Especially for the core project of TU Investment Club, the Munich Student Managed Investment Fund (MSMIF) – a real money portfolio managed by students – the cooperation means that the stock analysts undergo a quality-assured training and thus shall contribute to a long-term raise in the portfolio performance. As a non-profit organisation, the MSMIF distributes its profits via an independent distribution committee to academic and research undertakings as well as other non-profit projects.

In addition to their analyst training, members of the TU Investment Club and the MSMIF can now complete the Certified Financial Modeler advanced training programme.

The goal is to deepen practical user skills in the areas of finance and controlling by using software and to process technical problems in a structured way. “The Certified Financial Modeler is an advanced training programme providing the competence of financial modeling in the area of finance,” elaborates the GICF's director Prof. Dr. Dr. Joachim Häcker. “By means of the Certified Financial Modeler, we offer a practical option for deepening the know-how in corporate finance,” adds GICF's Prof. Dr. Dr. Dietmar Ernst.

“With the additional qualification provided by the Certified Financial Modeler, we give our members the opportunity to enlarge their knowledge and practical skills in financial modeling,” says Timo Huguet, Manager of MSMIF UG (limited). “A scholarship sponsored by the GICF allows our members to sit the Certified Financial Modeler exam, even when only living on a student income.”

Contact:

Timo Huguet
MSMIF UG (limited)

Philipp-Loewenfeldstraße-Straße 63
80339 München, Germany

E-Mail contact‎@msmif‎.‎de

Background information

TU Investment Club e.V. is an initiative started by students and alumni of Munich's universities and universities of applied sciences. Its primary goal is to allow its members to develop practical knowledge and to promote scientific activities and research. To this aim, TU Investment Club holds, among others, workshops, seminars and conferences. The club is exclusively a non-profit association.

MSMIF UG (limited) is a subsidiary of TU Investment Club e.V. and serves to implement the first real-money portfolio managed by students in Germany. The MSMIF's activities serve the students' practical training. None of the members of staff or managers are remunerated for their work. MSMIF UG is exclusively a non-profit association.

The German Institute of Corporate Finance (GICF) is independent and promotes scientific exchange in the area of corporate finance. The title “Certified Financial Modeler” is conferred by the GICF together with Deutsche Börse AG.

Contact:

Prof. Dr. Dr. Joachim Häcker and Prof. Dr. Dr. Dietmar Ernst German Institute of Corporate Finance

Neckarsteige 6-10
D-72622 Nürtingen

E-Mail joachim.haecker‎@dicf‎.‎de  / dietmar.ernst‎@dicf‎.‎de

2014: Cooperation with EY

EY and the German Institute of Corporate Finance (GICF) cooperate in the area of the additional qualification “Certified Financial Modeler”.

Eschborn, 23/07/2014. Today, EY and the German Institute of Corporate Finance (GICF) signed a cooperation agreement concerning a collaboration in the area of corporate finance. 

Financial modeling skills are an essential element when it comes to successfully completing work in a large number of service line comprehensive client projects. This is why EY has extended the training offer to the Certified Financial Modeler for EY's employees of all service lines, from assistant to senior manager.

2014: Cooperation with ESC Pau (Grande Ecole in France) with award of Certified Financial Modeler scholarships

The Groupe ESC PAU and the German Institute of Corporate Finance have entered a co-operation in Corporate Finance. The agreement foresees a co-operation in a number of financial fields, including Corporate Finance, Portfolio Management and Derivatives. It especially provides for collaboration on financial modeling which is applied in all these fields of finance.

Groupe ESC PAU will select two students with outstanding performance. The Groupe ESC PAU Excel based courses such as “corporate valuation” help the students to be well prepared for financial modeling. After the 6 month financial modeling program the students will take the Certified Financial Modeler exam. In the end the students will be awarded the prestigious degree „Certified Financial Modeler“ by the German Institute of Corporate Finance.

 “The Joint Declaration ESC PAU and the German Institute of Corporate Finance will facilitate wider international co-operation on fundamentally important scientific and business practice orientated financial modeling issues” said German Institute of Corporate Finance director Joachim Häcker (see picture attached).

Frédéric Branger and Florent Deisting (see picture attached) from the International office of Groupe ESC Pau explain: « We are very proud to be able to offer our students a co-operation with an international well-respected Institute. We are convinced that our collaboration will bring mutual benefit. Our students will  be endowed with up-to-date financial modeling expertise which is applicable in science and in business practice.”

Background information on ESC Pau

The Groups ESC Pau is a leading business school in France. “There are currently approximately 200 Business Schools in France with more than 100,000 students enrolled outside of the mainstream University system. Roughly 40% of these institutions are both State-recognised and provide qualifications accredited by the Ministry of Education. Of these, 32 schools are members of the prestigious Chapter of the Conférence des Grandes Ecoles (CGE) including ESC Pau Business School.” For further information please see file attached.

2013: Cooperation with bkp Consulting and Portfolio Control

Collaboration with bkp and Portfolio Control

The GICF has respectively and separately signed a cooperation agreement concerning the area of corporate finance with bkp and Portfolio Control.

 

2012: Cooperation with Ebner Stolz

PRESS RELEASE

Ebner Stolz and the German Institute of Corporate Finance (GICF) agree on strategic partnership
Ebner Stolz cooperate with the GICF over a five-year period
The goal is a collaboration in the area of corporate finance

Stuttgart 18/12/2011 – The leading audit and consulting company Ebner Stolz has concluded a contract with the German Institute of Corporate Finance (GICF) with regards to a strategic partnership. The cooperation is planned to last for a five-year period.

Besides a technical exchange during common projects, a mutual cooperation in specific problems in the area of corporate finance is planned. That comprises for example subjects such as due diligence projects, M&A transactions and company valuations. “The additional consulting offer will create a sustainable added value for our clients,” explains Michael Euchner, Partner at Ebner Stolz. “By taking this step, we guarantee that our field of competence is further enlarged and that our know-how continues to be scientifically up to date.”

Furthermore, with the “Certified Financial Modeler”, the GICF offers a practical advanced training programme. Selected employees at Ebner Stolz may complete this advanced training. The goal is to deepen practical knowledge in the areas of finance and controlling by using software and to process technical problems in a structured way. “The Certified Financial Modeler is an advanced training programme, providing the competence of financial modeling in the area of finance,” elaborates the GICF's director Prof. Dr. Dr. Joachim Häcker. “By means of the Certified Financial Modeler, we offer a practical option for deepening the know-how in corporate finance,” adds GICF's Prof. Dr. Dr. Dietmar Ernst.

Contact:

Michael Euchner and Dr. Matthias Popp
Ebner Stolz

Kronenstraße 30
70174 Stuttgart

Tel. +49 711 2049-1336
Fax +49 711 2049-1345

Email michael.euchner‎@ebnerstolz‎.‎de / Matthias.Popp‎@ebnerstolz‎.‎de

Background information:

Ebner Stolz is one of the biggest independent middle-sized consulting companies in Germany and is among the industry's top ten. The company has decades of solid experience in auditing, tax, legal and business consulting. This wide range is offered by over 850 employees in their typical multidisciplinary approach in all major big cities and economic centres in Germany. As a market leader in medium-sized business, the company primarily serves medium-sized industrial, commercial and services companies in all industries and sizes.

Locations: Berlin, Bremen, Bonn, Düsseldorf, Frankfurt, Hamburg, Hannover, Kiel, Cologne, Leipzig, Munich, Reutlingen, Siegen, Solingen, and Stuttgart

The German Institute of Corporate Finance (GICF) is neutral and promotes scientific exchange in the area of corporate finance. In cooperation with Deutsche Börse AG, the title “Certified Financial Modeler” is conferred by the GICF. The GICF also publishes the “Journal für Corporate Finance”.

Contact:

Prof. Dr. Dr. Joachim Häcker and Prof. Dr. Dr. Dietmar Ernst

German Institute of Corporate Finance

Neckarsteige 6-10
D-72622 Nürtingen

Email: joachim.haecker‎@dicf‎.‎de / dietmar.ernst‎@dicf‎.‎de

2011: Cooperation with Royal Bank of Scotland

Frankfurt, 23/02/2011

Cooperation between Royal Bank of Scotland N.V. – Frankfurt subsidiary and the German Institute of Corporate Finance  

The Royal Bank of Scotland has agreed on a cooperation with the GICF in the area of finance for the period 2011 to 2015.

2011: Certified Financial Modeler is offered in Frankfurt, Zurich, Paris Hong Kong, Singapore and London

Together with Deutsche Börse, the programme “Certified Financial Modeler Goes Global” was established. EUREX now being a partner, the Certified Financial Modeler is offered at the EUREX locations.

2011: Internationalisation of the certified course “Certified Financial Modeler”

The structured and integrated modeling approach makes the Certified Financial Modeler programme globally one of a kind in finance. The further internationalisation is achieved with the following steps:

2011: The Certified Financial Modeler established itself on the German market in a short period of time. Already in the first year since the Certified Financial Modeler mplementation, over 100 graduates obtained the qualification “Certified Financial Modeler”.

2012 - 13 Together with Deutsche Börse, we established the programme “Certified Financial Modeler Goes Global“.

The Certified Financial Modeler exam can be taken globally at selected locations of Deutsche Börse AG. These locations currently are:

  • Frankfurt
  • Zurich
  • London
  • Paris
  • Hong Kong
  • Singapore

2015: The GICF bands with one of the central global players in publishing, PalgraveMacmillan, which will be publishing the book “Financial Modeling”.

2011: Cooperation with Deutsche Börse with regards to the training programme “Certified Financial Modeler”

The German Institute of Corporate Finance agreed on a cooperation with Deutsche Börse with regards to the training programme “Certified Financial Modeler”. The “Certified Financial Modeler” is the official training programme of the German Institute of Corporate Finance (GICF) and Deutsche Börse AG in the area of financial modeling. The GICF is responsible for the contents of the programme. Deutsche Börse AG is in charge of holding the exams.

“The Capital Markets Academy of Deutsche Börse has successfully cooperated with the GICF in the extremely important area of financial modelling.”

Gerhard Bauer
Head of Capital Markets Academy
Deutsche Börse AG

Besides the GICF, the following advanced training institutes are partners of the Capital Markets Academy: Goethe University, Frankfurt School of Finance and Management, EBS Universität, European Institute of Financial Engineering and Derivatives (EIFD), European Energy Exchange (EEX), Chartered Institute for Securities & Investment (CISI), CFA Institute and CFA Society of the UK as well as DVFA.

2010: Introduction of the certified course “Certified Financial Modeler”

In cooperation with Deutsche Börse, the German Institute of Corporate Finance implements the certified training course “Certified Financial Modeler”. Certified Financial Modeler training is offered in German and English.

  • Financial modeling is the central skill in finance
  • The Certified Financial Modeler gives you a unique selling point
  • Financial Modelers are in high demand on the labour market
  • The Certified Financial Modeler gives you entry opportunities to the financial industry and investment banking.
  • The Certified Financial Modeler gives you career prospects in the financial industry and investment banking.
  • The Certified Financial Modeler serves as a door opener to the financial community

2010: The book ”Financial Modeling“ is published by Schäffer-Poeschel Verlag

Book “Financial Modeling“

Financial modeling is the condition for a successful career in finance.

The book “Financial Modeling”, published by Schäffer-Poeschel, shows you how to professionally solve the most important tasks in financial practice using Excel and VBA. The Excel models coming with the book contain all calculations. “Financial Modeling” is the first book on this subject written in German. The content of this book is the basis for the training to become a “Certified Financial Modeler”.

  • The book teaches the basis of professional financial modeling.
  • The book has a high academic demand and at the same time shows you how to professionally solve the most important tasks in financial practice using Excel and VBA.
  • The book is divided into five chapters, wherein every chapter is based on a comprehensive Excel model. In the book, the functioning of the Excel model is explained thoroughly and step by step. A web code included in the book allows the user to download all Excel models.

2008: Cooperation with the leading scientific publishing companies

Concerning publications, the GICF collaborates with the leading German and international publishing companies:

  • PalgraveMacmillian
  • Pearson
  • Oldenbourg
  • Schäffer-Poeschel
  • UTB
  • Vahlen

2007: The GICF uses own financial modeling tools to deliver a neutral opinion with a transaction value of about €4bn

June 2007: Preparation of a valuation opinion for Coro Vermögensgesellschaft mbH in connection with Tchibo Holding AG (transaction value of about €4bn).

2007: Foundation of the GICF as an associated institute of Nürtingen-Geislingen University (HfWU)

On 22 February 2007, the German Institute of Corporate Finance (GICF) is founded. The GICF is an associated institute of the public Nürtingen-Geislingen university (HfWU). Its registered seat is Nürtingen. The GICF's goal is to link research and practice in corporate finance.

  • The GICF promotes scientific exchange in the area of corporate finance.
  • In cooperation with Deutsche Börse, the GICF offers “Certified Financial Modeler” trainings.
  • The GICF-integrated Center for Financial Modeling further develops the discipline of financial modeling and defines overall conditions.
  • As an independent institute, the GICF delivers neutral opinions.
  • The GICF holds conferences and seminars on current subjects in corporate finance.
  • From an applied science perspective, the GICF prepares studies and books on current subjects of corporate finance.

For further information got to:

German Institute of Corporate Finance (GICF)

Neckarsteige 6 - 10
D-72622 Nürtingen

Email: info‎‎@dicf‎‎.‎‎de