History
The Frankfurt School of Finance & Management was founded 1957 as Bankakademie (Bank Academy), initially as a training institute for the employees of German banks. These continuing education programs remained the main focus for the first three decades. In the 1990s the pace of development accelerated. In 1989 the Bankakademie created its own publisher, followed one year later by the foundation of the Hochschule für Bankwirtschaft (HfB), an academic institution offering degree programs. A consulting arm, International Advisory Services, was added in the 1990s as well, as was a separate department for Executive Education and tailor-made training programs for companies. Efiport, a subsidiary for e-learning and IT solutions for higher education, was created in 2001.
In 2004 HfB officially became a research institution with the rank of a university and was granted the right to award doctoral degrees. In 2007 HfB andBankakademie were merged under the new name Frankfurt School of Finance & Management.
Read more about this topic: Frankfurt School Of Finance & Management
Famous quotes containing the word history:
“This above all makes history useful and desirable: it unfolds before our eyes a glorious record of exemplary actions.”
—Titus Livius (Livy)
“The History of the world is not the theatre of happiness. Periods of happiness are blank pages in it, for they are periods of harmony—periods when the antithesis is in abeyance.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“Most events recorded in history are more remarkable than important, like eclipses of the sun and moon, by which all are attracted, but whose effects no one takes the trouble to calculate.”
—Henry David Thoreau (1817–1862)