Academics and Education

Bridging the gap between theory and practice

We would like to provide major support for research and education by promoting the flow of knowledge between theory and practice, and providing youth access to financial education.

IQ-KAP – DekaBank Privates Institut für quantitative Kapitalmarktforschung

The DekaBank Privates Institut für quantitative Kapitalmarktforschung is an academically-oriented private institute for quantitative capital market research. Its objective is to improve the transfer of knowledge between academic research and practice. IQ-KAP provides a forum where academics and practitioners can discuss current topics, take part in research projects and introduce their own ideas.

IQ-KAP mainly focuses on quantitative research in the area of capital markets and preparing academic papers in cooperation with universities and partners. Modern methods are used to empirically investigate and explain capital market phenomena and answer fundamental investment-related questions. The idea of bundling current research projects and cooperations in an institute was conceived by Dr Ulrich Neugebauer, Dr Michael Wegener and Johannes Behrens-Türk, and was implemented in practice in 2013 with the formation of IQ-KAP as a DekaBank company.

DekaBank announced the first IQ-KAP research prize in 2016. The prize covers broad topic areas, including issues related to modern capital market analysis. The competition is open to academics and practitioners. The winner will be selected by a jury convened by the institute. The award ceremony took place on 10 October 2016.

Dr Ulrich Neugebauer and Johannes Behrens-Türk are the Managing Directors of IQ-KAP. Dr Michael Wegner and Valery Trosdorf were appointed authorised signatories (Prokuristen) by the management.

IQ-KAP also has an academic advisory board, which has had the following members since September 2013:

  • Prof. Dr Frank Bulthaupt, Chair of Capital Markets and Economic Studies at the Sparkassen-Finanzgruppe University of Applied Sciences
  • Prof. Reint Gropp, Ph.D., President of the Halle Institute for Economic Research (IWH)
  • Dr Ulrich Klüh, Head of the Sparkasse Academy of Hesse and Thuringia
  • Prof. Dr Ulrich Schollwöck, Chair for Theoretical Nanophysics at the Ludwig Maximilian University of Munich

Further information

Combining research and practice: Dr Michael Wegener, Dr Harald Lohre, Dr Heiko Opfer, Dr Ulrich Neugebauer and Johannes Behrens-Türk (from left to right)

Goethe University in Frankfurt am Main

Chair of the House of Finance

Deka is committed to sustainable corporate governance in its business operations. As the Wertpapierhaus (securities services provider) for the Sparkassen-Finanzgruppe, we have endowed the Chair of Sustainable Asset Management in the House of Finance at Goethe University Frankfurt, which will have its first five-year appointment in 2016.

DekaBank supported the Chair for Sustainable Banking & Finance until the end of 2015, when the holder of the chair, Prof. Reint Gropp, Ph.D., was appointed President of the Halle Institute for Economic Research.

DekaBank provides support to the following Goethe University institutions

  • Center for Financial Studies (CFS): The Center for Financial Studies is an independent research institute at Goethe University Frankfurt and is funded by the non-profit organisation Gesellschaft für Kapitalmarktforschung e.V. (GfK). Michael Rüdiger, CEO of DekaBank, is a member of the executive committee of GfK.
  • Goethe Finance Association (GFA): The Goethe Finance Association is a non-profit association that promotes research and teaching in the Finance Department of the Faculty of Economics at Goethe University.
  • Association of Friends and Supporters of Goethe University: The goal is to support the tradition of donations at Goethe University. The DekaBank CEO is a member of the board of trustees.
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House of Finance, Goethe-Universität Frankfurt am Main © House of Finance

Management Academy of the Sparkassen-Finanzgruppe

The Management Academy of the Sparkassen-Finanzgruppe is one of the most important educational institutions in the Sparkasse organisation. Deka invites the current graduating class to Frankfurt as part of a long-term cooperation with the Management Academy. Since 2015, Deka has also given the best male and best female graduate the “Deka Board of Management Award for the Best Graduates”, which includes a four-week visit to the Deka Group.

For more than ninety years, the Management Academy has offered in-depth management training for new managers in the Sparkassen-Finanzgruppe that is integrated into the value system of the Sparkassen-Finanzgruppe. The instructors include top academics and renowned practitioners from the Sparkassen-Finanzgruppe. Many of the 4,000 graduates are managers in the Sparkasse-Finanzgruppe today.

Planspiel Börse – Stock Market Learning Competition

For more than 30 years, the Planspiel-Börse by the savings banks has had a permanent place in many schools in Germany. It aims to impart financial and capital market knowledge. As the central cooperation partner of the Sparkassen-Finanzgruppe, Deka Group has been supporting the business game since 2014 in order to make a contribution to promoting the securities culture. Participants acquire economic and social skills and learn the basics of sustainable action. In 2013, the game was expanded to include a sustainability module that focuses on investing in sustainable securities. This and the comprehensive didactic concept on the subject of financial education led to the project being included in the United Nations Decade of Education for Sustainable Development.

At the invitation of Deka, the first federal award ceremony for the students took place in the Trianon high-rise building in Frankfurt. At the company headquarters, the winners were given an insight into practice during a guided tour through DekaBank's trading room. This was followed by a tour of the historic "Campus Westend" of the Johann Wolfgang Goethe University in Frankfurt. At the House of Finance of Goethe University, students received an introduction to current economic research.

The first business game gala and the winning trip took place from 1-3 March 2018 in Frankfurt am Main.
Registration for the next round of Planspiel-Börse starts on September 12 and ends on November 7, 2018, from September 26 to December 12, 2018.

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Planspiel Börse: award ceremony for the winners in Berlin, with the “Überschnitzel_is_BACK” team and Martin K. Müller, member of the Board of Management (right), photo: Stefan Maria Rother

Planspiel Börse – Interview

Interview with Georg Fahrenschon, President of the German Savings Bank Association (Deutscher Sparkassen- und Giroverbandes – DSGB), and Michael Rüdiger, CEO of Deka.