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Arbeitskreis Börse
The Arbeitskreis Börse (abbreviated AKB or AK Boerse) is a non-profit organization located in Mannheim ( Germany), focused on investment banking, capital markets, consulting and start-up companies within the financial technology sector. It is the oldest financial association lead by students in Germany and with over 1,200 members among the largest student organizations in Germany. The Arbeitskreis Börse is dedicated to connect students interested in financial markets associated with worldwide banks and consulting firms. These include Bank of America Merrill Lynch, EQT Partners and McKinsey It is organized first and foremost by students of the University of Mannheim but is receiving increasing support from students of other tertiary establishments in Mannheim. History The Arbeitskreis Börse was founded in response to a perceived gap in the services provided by student societies at the University of Mannheim. Students interested in the stock exchange and financial ...
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Nonprofit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworth ...
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Rhine-Neckar
The Rhine-Neckar Metropolitan Region (german: Metropolregion Rhein-Neckar, ), often referred to as Rhein-Neckar-Triangle, is a polycentric metropolitan region located in south western Germany, between the Frankfurt/Rhine-Main region to the North and the Stuttgart Region to the South-East. Rhine-Neckar has a population of some 2.4 million with major cities being Mannheim, Ludwigshafen and Heidelberg. Other cities include the former Free imperial cities of Speyer and Worms. The metro area also encompasses parts of the Baden and Palatinate wine regions, the second largest vine region of the country called Deutsche Weinstraße and territory from the three federal states of Baden-Württemberg, Rhineland-Palatinate and Hesse. It has a strong local identity as a successor of the historical Electorate of the Palatinate state. The region is named after the rivers Rhine and Neckar, which join at Mannheim. Since 2005, the region is officially recognized as a European Metropolitan Area. E ...
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Chief Financial Officer
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting. In some sectors, the CFO is also responsible for analysis of data. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries, finance directors (FD) typically report into the CFO and FD is the level before reaching CFO. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO directly assists the chief operating officer (COO) on all business matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding. Qualification Most CFOs of large companies hav ...
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Baden-Württemberg
Baden-Württemberg (; ), commonly shortened to BW or BaWü, is a German state () in Southwest Germany, east of the Rhine, which forms the southern part of Germany's western border with France. With more than 11.07 million inhabitants across a total area of nearly , it is the third-largest German state by both area (behind Bavaria and Lower Saxony) and population (behind North Rhine-Westphalia and Bavaria). As a federated state, Baden-Württemberg is a partly-sovereign parliamentary republic. The largest city in Baden-Württemberg is the state capital of Stuttgart, followed by Mannheim and Karlsruhe. Other major cities are Freiburg im Breisgau, Heidelberg, Heilbronn, Pforzheim, Reutlingen, Tübingen, and Ulm. What is now Baden-Württemberg was formerly the historical territories of Baden, Prussian Hohenzollern, and Württemberg. Baden-Württemberg became a state of West Germany in April 1952 by the merger of Württemberg-Baden, South Baden, and Württemberg-Hohenzollern. The ...
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Mannheim Palace
Mannheim Palace (german: Mannheimer Schloss) is a large Baroque palace in Mannheim, Baden-Württemberg, Germany. It was originally the main residence of the Prince-electors of the Electorate of the Palatinate of the House of Wittelsbach until 1777. Part of the palace is used today by the University of Mannheim. The castle, which features tapestries, furniture, paintings, porcelain and silverware can be visited on a free-flow basis with audioguides. Origins The city of Mannheim, founded in 1606, was fortified and at the present site of the castle there was a fortress called ''Friedrichsburg'', sometimes serving as alternative residence for the Elector, one of the most important territorial princes of the Holy Roman Empire. The actual palace dates from the 18th century. When Elector Karl III Philip had confessional controversies with the inhabitants of his capital Heidelberg, he decided to make Mannheim the Palatinate's new capital in 1720. Karl Philip decided to construct a ...
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Campus
A campus is traditionally the land on which a college or university and related institutional buildings are situated. Usually a college campus includes libraries, lecture halls, residence halls, student centers or dining halls, and park-like settings. A modern campus is a collection of buildings and grounds that belong to a given institution, either academic or non-academic. Examples include the Googleplex and the Apple Campus. Etymology The word derives from a Latin word for "field" and was first used to describe the large field adjacent Nassau Hall of the College of New Jersey (now Princeton University) in 1774. The field separated Princeton from the small nearby town. Some other American colleges later adopted the word to describe individual fields at their own institutions, but "campus" did not yet describe the whole university property. A school might have one space called a campus, another called a field, and still another called a yard. History The tradition of a camp ...
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Mannheim Business School
Mannheim Business School (MBS) is the umbrella organization for management education at the University of Mannheim. The school offers four international MBA programs: the Mannheim Master of Business Administration (part-time and full-time), the Mannheim Executive MBA, the ESSEC & MANNHEIM Executive MBA (weekend and modular) and the MANNHEIM & TONGJI Executive MBA. The Mannheim Master of Accounting and Taxation program and the Mannheim Master in Management and Analytics program complete the MBS degree portfolio. Non-degree offerings include Executive Education and Digital Learning. Its legal form is a gGmbH, a non-profit Ltd, whose shareholders are the Prechel Foundation and the University of Mannheim. As of November 1, 2010, Jens Wüstemann is President of the school. The school is located in the city of Mannheim, Baden-Württemberg in Germany at Mannheim Palace, one of the largest baroque castles in Europe. International students at the school account for more than 60 percent. Wi ...
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PricewaterhouseCoopers
PricewaterhouseCoopers is an international professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounting firms, along with Deloitte, EY and KPMG. PwC firms are in 157 countries, across 742 locations, with 284,000 people. As of 2019, 26% of the workforce was based in the Americas, 26% in Asia, 32% in Western Europe and 5% in Middle East and Africa. The company's global revenues were $42.4 billion in FY 2019, of which $17.4 billion was generated by its Assurance practice, $10.7 billion by its Tax and Legal practice and $14.4 billion by its Advisory practice. The firm in its recent actual form was created in 1998 by a merger between two accounting firms: Coopers & Lybrand, and Price Waterhouse. Both firms had histories dating back to the 19th century. The trading name was shortened to PwC (stylized p''w''c) in September 2010 as part of a rebr ...
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KPMG
KPMG International Limited (or simply KPMG) is a multinational professional services network, and one of the Big Four accounting organizations. Headquartered in Amstelveen, Netherlands, although incorporated in London, England, KPMG is a network of firms in 145 countries, with over 265,000 employees and has three lines of services: financial audit, tax, and advisory. Its tax and advisory services are further divided into various service groups. Over the past decade various parts of the firm's global network of affiliates have been involved in regulatory actions as well as lawsuits. The name "KPMG" stands for "Klynveld Peat Marwick Goerdeler". The initialism was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987. History Early years and mergers In 1818, John Moxham opened a company in Bristol. James Grace and James Grace Jr. bought John Moxham & Co. and renamed it James Grace & Son in 1857. In 1861, Henry Grace joined James Jr. and t ...
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Boston Consulting Group
Boston Consulting Group, Inc. (BCG) is an American global management consulting firm founded in 1963 and headquartered in Boston, Massachusetts. It is one of the Big Three (or MBB, the world’s three largest management consulting firms by revenue) along with Bain & Company and McKinsey & Company. Since 2021, the consultancy has been led by the German executive Christoph Schweizer. History The firm was founded in 1963 part of The Boston Safe Deposit and Trust Company. Henderson had been recruited from Arthur D. Little to establish the consulting arm operating as a subsidiary under the name Management and Consulting Division of the Boston Safe Deposit and Trust Company. Initially the division only advised clients of the bank, with billings for the first month at just US$500. Henderson hired his second consultant, Arthur P. Contas, in December 1963. In 1966, BCG opened its second office in Tokyo, Japan. In 1967, Henderson met Bill Bain and offered him a role at the firm. Bai ...
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Oliver Wyman
Oliver Wyman is an American management consulting firm. Founded in New York City in 1984 by former Booz Allen Hamilton partners Alex Oliver and Bill Wyman, the firm has more than 60 offices in Europe, North America, the Middle East, and Asia-Pacific employing over 5,000 professionals. The firm is part of the Oliver Wyman Group, a business unit of Marsh McLennan. History Oliver Wyman's predecessor, Oliver, Wyman & Company, was founded in 1984 when six consultants left Booz Allen Hamilton to start their own consulting firm. Two of the founders, Alexander Oliver and William (Bill) Wyman, both partners at Booz wanted to create a company that would specialize and excel at consulting a certain industry at a time when most other firms were trying to become generalists. Oliver, Wyman & Company initially focused on working with large financial institutions. Wyman would ultimately leave the firm in 1995. He felt that the human side of consulting was taking a backseat to the analytical wo ...
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Finances
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ...
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