Information event on the portfolio management program

ZZ WIEN invites you to a zoom meeting on the topic of Introducing the Portfolio Management Program on July 7, 2020, 5:00 pm.

If you are aiming for a Master's degree at the University of Vienna and have a keen interest in capital markets, the Department of Finance invites you to an information meeting on the Portfolio Management Program on Tuesday, July 7, 2020, at 5:00 pm. The information event serves to introduce the programme including the opportunities and challenges. This is a zoom event (see below for further information).

This invitation is addressed to all students who are at the end of their bachelor's degree and would like to complete a master's degree with a focus on finance or students who are at the beginning of their master's degree and have already chosen a focus on finance.

The program and its opportunities

The Portfolio Management Programme is a training initiative unique in Continental Europe, where students have the opportunity to supplement their theoretical knowledge in the field of capital market analysis in practice by managing three real portfolios of more than € 1 million each. Participation in the programme offers students

  •     Knowledge acquisition in the field of practical asset management
  •     Infrastructure by working with Bloomberg and other data services
  •     Additional qualification on the job market through practical experience in asset management
  •     Course certificate upon successful participation in the programme

Further information can also be found on our website including a video.

The aim of this information event is to present the content and structure of the programme to students majoring in finance, as well as details of the application procedure for admission to the programme.
Join the zoom meeting:

Interested parties can send an e-mail to to receive the access data.

Prof. Günter Strobl - Welcome to Vienna

As of September 1, Professor Günter Strobl joins our department. Prof. Strobl was a student at our University prior to studying for his PhD at Wharton (U. Pennsylvania). He held a Position as an assistant at the University of North Carolina at Chapel Hill (US) and as a full professor at the Frankfurt School of Finance and Management.

Bank of Finland: Survey on Bank Capital Requirements

The results of the recently concluded Survey on Bank Capital Requirements are available on the Bank of Finland website. Thomas Gehrig was participating as a member of the Survey Advisory Board.

The survey research team: Gene Ambrocio (Bank of Finland), Esa Jokivuolle (Bank of Finland), Iftekhar Hasan (Fordham University and Bank of Finland), and Kim Ristolainen (University of Turku)

The survey advisory board: Mark Flannery (University of Florida), Thomas Gehrig (University of Vienna), Seppo Honkapohja (Aalto University), William Kerr (Harvard Business School), Philip Molyneux (Bangor University), Steven Ongena (University of Zurich), George Pennacchi (University of Illinois), and Tuomas Valimaki (Bank of Finland)

Portfolio Management Program (PMP)

An information session about the Portfolio Management Program (PMP) will be held on

Tue, June 11th, 2018, 5:30 pm at HS 17, Oskar-Morgenstern-Platz 1.

See the PMP-Website for more information.

>> more informationen about the program
>> PMP-Website
>> application process

Guest Professor Kathy Yuan

Professor Kathy Yuan from the LSE will hold the course: On Liquidity, Money, Blockchain and Cryptocurrency (MA) at our Department from 26 to 29 March and on 29 April 2019.

Final Conference of the Research Group Financial Crisis

The final conference of the Österreichische Forschungsgemeinschaft (ÖFG)

"After the Crisis is Before the Crisis"

is held on April 11-12, 2019 at the Raiffeisen Forum (1020 Wien, Friedrich-Wilhelm-Raiffeisen-Platz 1).

To register please contact per email or (Dorothea Koch)



Dockner Lectures

In April 2017 one of Austria's most renowned economists, Engelbert Dockner, passed away after a long and serious illness.

In his Ph. D. thesis, Engelbert Dockner derived an elegant stability analysis of two-state optimal control models. Another of his path-breaking contributions is the 'blue bible' on `Differential Games in Economics and Management Science' (joint with Steffen Jørgensen, Ngo van Long and Gerhard Sorger). For most of his career, he was a professor of finance and worked on diverse topics such as asset pricing, risk dynamics, and financial market structures.

In addition to his deep and broad research interests and his intellectual curiosity, Engelbert Dockner's trademark was his modest and well-balanced personality. He was highly regarded by his colleagues as an integrative person and arbitrator. After his diagnosis, he accepted his hard fate with equanimity.

To commemorate Engelbert Dockner's achievements we launch the DOCKNER LECTURES, a series of events that will take place alternatingly at the three universities in Vienna with which he was affiliated during his career.

The series will start on

April 10th, 2019 at 4 pm in the Böcklsaal at the Vienna University of Technology

with a lecture by Prof. Ngo Van Long from McGill University.

In 2020 it will be continued with a talk at the University of Vienna, and in 2021 there will be a lecture at the WU Vienna University of Business and Economics.

Gustav Feichtinger, Gerhard Sorger, Josef Zechner

more information

Application for a PhD position in Finance

We would like to invite you to submit your application for a PhD position in Finance at the Vienna Graduate School of Finance (VGSF). Deadline for application is January 31, 2019 at midnight Pacific Time.

You can have an overview of the program on our website at or by downloading our

Detailed information on requirements and material needed are online at

Questions about the program? Join our Info Session!

We are available to answer all your questions on Wednesday November 21, 4pm-5pm,

University of Vienna; Faculty of Business, Economics and Statistics; Oskar-Morgenstern-Platz 1; Room: Hörsaal 8.

If you are interested to this event, please sign up on the VGSF FB page event:

For any questions, write to

VGSF Job Market Candidates

The Vienna Graduate School of Finance (VGSF) has four candidates on the job markets.

Check out their profiles here.

  • Maximilian Bredendiek
  • Giedre Lenciauskaite
  • Giorgio Ottonello
  • Asad Rauf

View their profiles at:

Call for Papers for the Workshop on Banking and Institutions

Call for Papers for the Workshop on Banking and Institutions, Munich, 4 - 5 April 2019, organized by ifo Institute, Center for Economic Studies (CES), Bank of Finland Institute for Economies in Transition (BOFIT) and LaRGE Research Center (University of Strasbourg).

CFA Research Challenge 2018/2019

The CFA Institute Research Challenge is a global competition that tests the equity research and valuation, investment report writing, and presentation skills of university students.

The challenge gives the students real-life experience as well as unique networking opportunity through meetings with the S IMMO AG, CFA members and other students. In the past years, Austria team has achieved outstanding results, scoring among top 5 teams in the European Final.

CFA research challenge is a competition between student where the Local CFA Institute volunteers work in conjunction with participating local universities to assemble teams of 3–5 business and finance students. Each team works directly with a mentor to research and prepare a full equity research report (financial modelling & company valuation) on a publicly traded company.

Key facts:

  • The competition takes place entirely in English.
  • All master students are welcome to participate – Banking & Finance, (I)BWL and VWL.
  • This year's analysed company is S IMMO AG.
  • Students work with experienced CFA mentors.
  • Austrian Final takes place on 1.3.2019 in Vienna followed by European Final in April in Zurich. (Refund of travelling costs.)
  • All students will receive a certificate confirming their successful participation.

If you are interested in taking part in the CFA Research Challenge, please apply by sending an email to Ms. Mirzana Muharemagic (

Once the registration is closed, students will be informed via e-mail if they have been selected for the challenge this year.


For more information and participation criteria, please see attached documents.

Portfolio Management Program

On Friday, September 21st, 2018, 3-5 p.m. at the Campus of the Vienna University of Economics (WU) in room D3.0.225 there will be an information event for students, who are interested in the program.

The deadline for the 16th class of the portfolio management program is September 23rd, 2018.

See the PMP-Website for more information.

KU Corporate Finance 1

We are able to offer additionally the course Corporate Finance 1 in the upcoming winter term. 
This course is primarily offered for students who want to finish their master's studies in this academic year. Students in the first year of the master's programme Banking and Finance or students of the master's programme (International) Business Administration who just start with the minor Banking and Finance should take the course offered in the summer term.

Seminars in the winter term 2018

During the winter term 2018/19 the following seminars will be offered by the department:

For more detailed information on the seminar Financial Crises and Macroprudential Regulation, please refer to the syllabus.

Call for Papers for the 8th Workshop "Banks and Financial Markets"

Call for Papers for the 8th Workshop "Banks and Financial Markets", October 25-26, 2018 at the University of Augsburg’s Faculty of Business and Economics

Portfoliomanagement Program

An information session about the Portfolio Management Program (PMP) will
be held on Tue, June 12th, 2018, 5 pm at HS 7, Oskar-Morgenstern-Platz 1.

This year the program offers two application periods in June and September.
The first deadline for the 16th class is June, 17th.

See the PMP-Website for more information.

ACATIS Value Prize 2018

The ACATIS Value Prize is awarded for the 16th time this year for scientific papers in the field of value investing. For further information, please refer to the flyer or the terms of participation.

Lectures in the summer semester 2018

The course directory for the following semester is online.

Please note that not all lectures have been assigned to their respective study programmes yet (this holds especially for the Master's programme in Banking & Finance).

The following courses will only be offered in the winter semester 2018/19 due to Prof. Gehrig being on sabbatical this semester:

  • Asset Pricing 2
  • Seminar in Financial Intermediation and Financial Markets

New master's programme in Banking & Finance from 2017

The curriculum for new Master's programme in Banking and Finance was published on 28.06.2018 in the University bulletin. It is effective starting on 01.10.2017.

Students interested in the Master's programme who have already begun their studies in the academic year 2016/17, may take courses within the Master's programme in Business Administration or Economics and then transfer to the Master's in Banking and Finance in the winter semester 2017. Completed courses will be credited.

>> Further information

>> Curriculum