The German Institute of Corporate Finance (GICF) and the European Institute of Financial Engineering and Derivatives Research (EIFD) have merged.
Both institutes now operate under the umbrella of the European Institute of Quantitative Finance (EIQF). The EIFD has been renamed the EIQF and the GICF has been brought into it. "This move reflects our innovative approach to financial modeling based financial engineering," says Co-Founder and Director Joachim Häcker. Co-founder and Director Dietmar Ernst highlights, "Since the founding of the two institutes in 2007, we have managed to become market leaders in our respective market segments. With the merger, we can expand our offering." In addition to neutral expert opinions and publications, the EIQF offers training in quantitative finance. In this context, the Certified Financial Modeler, the Certified Financial Engineer and now newly the MBA Applied Quantitative Finance are to be emphasized.
2021: MBA Applied Quantitative Finance
The EIQF offers a 2-year part-time, system-accredited, modular Master of Business Administration (MBA) program. Students can acquire in-depth competencies in the areas of financial engineering, financial modelling and data analytics, which will provide them with excellent qualifications for promising specialist and management positions in the increasingly digitalized world of work.
2019: Professional Excellence and Academic Excellence
The EIQF offers 2 pathways to become a Certified Financial Modeler or a Certified Financial Engineer:
1. professional excellence - the pathway for professionals and students on their way to becoming financial modelling or financial engineering experts.
2. academic excellence - the path to academic excellence. Upon completion of the Certified-Financial Modelling or Certified- Financial Engineering program. Participants will receive 8 ECTS each, which can be submitted for credit.
2019: Introduction of the Case Method to achieve the Certified Financial Modeler. 2 paths lead to the Certified Financial Modeler title: Academic excellence and Professional excellence.
2014: Cooperation with TU Investment Club with award of scholarships
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.”
MSMIF UG (limited)
80339 München, Germany
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.
Prof. Dr. Dr. Joachim Häcker and Prof. Dr. Dr. Dietmar Ernst German Institute of Corporate Finance
E-Mail firstname.lastname@example.org / email@example.com
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.
With the new online platform, EIFD is laying the foundation for a state-of-the-art self-study platform.
2012: Cooperation with Ebner Stolz
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.
Michael Euchner and Dr. Matthias Popp
Tel. +49 711 2049-1336
Fax +49 711 2049-1345
Email firstname.lastname@example.org / Matthias.Popp@ebnerstolz.de
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”.
Prof. Dr. Dr. Joachim Häcker and Prof. Dr. Dr. Dietmar Ernst
German Institute of Corporate Finance
Email: email@example.com / firstname.lastname@example.org
2011: Cooperation with Royal Bank of Scotland
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 outstanding 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:
- Hong Kong
2017 - today: The GICF bands with one of the central global players in publishing, PalgraveMacmillan, which published the book “Financial Modeling”.
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
The EIQF cooperates with the leading German and international scientific publishers for its publications:
2007: The EIQF 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 EIQF as an affiliated institute of the state university HfWU.
On February 22, 2007, the European Institute for Financial Engineering and Derivatives Research (EIFD) and the German Institute for Corporate Finance (GICF) are founded. Both institutes are an affiliated institute of the state university HfWU located in Nürtingen. The aim of the EIFD is to combine science and practice in financial engineering. The GICF aims to combine science and practice in corporate finance.
Specifically, the two institutes EIFD and GICF have the following goals:
- The EIFD / GICF promotes scientific exchange in the field of Financial Engineering / Corporate Finance.
- In cooperation with Deutsche Börse, the EIFD / GICF provides training to become a Certified Financial Engineer / Certified Financial Modeler.
- The EIFD / GICF develops the discipline of Financial Engineering / Financial Modeling and defines the framework conditions.
- As an independent institute, both institutes provide neutral expert opinions.
- Both institutes conduct conferences and seminars on current issues.
- From the perspective of applied science, both institutes produce studies and books on current topics.
- The goal is to become the market leader in the respective defined market for financial engineering or corporate finance with respect to the above mentioned goals and then to merge both institutes.
The two institutes appear externally as follows:
European Institute for Financial Engineering and Derivatives Research (EIFD)
Neckarsteige 6 - 10
The EIFD appears with the following brand:
German Institute for Corporate Finance (GICF)
Neckarsteige 6 - 10
The GICF appears with the following brand:
Both institutes pursue an international trademark strategy.
After registration at the DPMA, registrations are to be made via WIPO in approx. 40 countries.