Koblenz, Germany, January 10, 2014 --(PR.com
)-- Many thanks to the speakers Matthias Nester, Georg Fahrenschon, Dirk Notheis and Stefan Jentzsch who had an interesting and vivid discussion about the conflict between Stability and Growth under the question: Can the Financial System ever be stabilized?
Host Professor Henrik Müller, head editor at ManagerMagazin, opened the Panel by outpointing the dilemma between stability and growth.
The crisis is not over yet, and some might say that this is the new normal state of the economy, but the speakers were united in their opinion that time is the most important factor. Also, they agreed that Mario Draghis’ role has shifted, being changed by the politicians. The private sector is moving very fast, and the public sector gets outpaced. So, yet again, time seems to be most important.
“Who stops getting better stopped being good,” was said by Dirk Notheis, Head of Morgan Stanley Germany. In other words: the system has to be improved everyday, this links in to the question of regulation. It is very important, but brainpower has to be invested in order to find a new, more efficient system that realizes the fact that markets work and adapt naturally, but the regulatory regime can fail, so we have to overwork our regulatory system.
Should we go back to the ideas of the mid 19-Hundreds where banking was more simple?
No, is the answer supported by the speakers, and they outline the importance of the three points international competition, local and personal dimension in order to be most efficient in the sector.
About Campus for Finance
The Campus for Finance Association is a student association at WHU – Otto Beisheim School of Management. The association organizes two international finance conferences annually: The “WHU New Year’s Conference” and the “WHU Private Equity Conference.” The motto is “Uniting the World of Finance.”
Attracting about 400 students annually, the WHU New Year’s Conference is the largest of the Campus for Finance Conferences. Two days of speeches, panel discussions, workshops as well as several networking events, engage students from all over the world, academics, politicians, professionals, and media partners in discussion about current economic topics. Entrepreneurial talks are also part of the NYC, offering students a more private session with professionals.
About WHU Otto Beisheim School of Management
WHU – Otto Beisheim School of Management is an internationally oriented and privately financed business school based in Vallendar and Düsseldorf. Founded in 1984 WHU is now one of the most renowned German Business Schools with a high international reputation.
Since its establishment WHU has proved itself to be a paragon of future-oriented research and teaching in business administration. The range of courses includes a Bachelor and Master of Science Program, a Full-Time MBA Program, a Part-Time MBA Program, the Kellogg-WHU Executive MBA-Program and the Bucerius-WHU Master of Law and Business-Joachim Herz Program (MLB). The business school now attracts 1336 participants in all programs each year including the doctoral students. In addition, WHU Executive Education offers customized programs for companies as well as open enrollment programs for individual participants.
WHU also has the authority to award PhDs and professorships. Its international network includes more than 195 partner universities on all continents with which there are exchanges of lecturers and students, as well as cooperation in research in Germany and worldwide. WHU is regularly certified by EFMD (EQUIS), FIBAA and AASCB and awarded FIBAA System Accreditation in April 2012, which guarantees the excellent standard of research and academic programs as well as a high degree of internationalization.
In addition, WHU is the only private business school in Germany, which is a member of the German Research Association (DFG). In both national and international rankings WHU – Otto Beisheim School of Management continues to occupy leading positions, most recently in the "Recruiters University Ranking" 2013 of the magazine WirtschaftsWoche, in the Financial Times Ranking 2013 as well as the CHE – University Ranking 2011/2012.
In the future, WHU will continue to pursue a strategy of growth. WHU's ultimate aim is to strengthen its position among the top business schools in Europe.