Executive Education


The course proceeds from the current state of financial services in Europe and US and the key technological trends that hold the promise of massively changing the industry. We will discuss future scenarios for the industry with a special focus on new entrants (FinTechs) and emerging business models. The course is rounded off by sketching out possible transformation strategies of established Financial Services (FS) players.

The teaching format is a blend of lectures, case studies, group-based startup-building exercises and expert guest presentations from Fintech founders.

Upon completion of this course, students will be able to:

  • Understand how digitalization and emerging technologies might affect banking and financial services
  • Gain an overview on the main Fintech (data-driven) business models (B2C / B2B) and their value drivers.
  • Create own / analyze extant Fintech business models (Fintech Garage)
  • Understand how established FIs can engage in external innovation activities and drive digital transformation

Any questions?

Get in touch!

Ludmila Ketterer

 +49 69 798 33512


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Key Concepts
  • Open innovation
  • Business model patterns
  • Customer discovery and validation
  • Ecosystem Orchestration
Course Format

This course is offered in the part-time Master in Finance program and may be attended on a “no credit” basis by individuals not enrolled in the program. Course participants are visitors who are not responsible for assignments and do not take an exam or earn academic credits. As the number of seats in the course is limited, we recommend to register online early.


Dr. Sebastian Schäfer

Dr. Sebastian Schäfer is a Cambridge-born behavioral economist and innovation enthusiast. As entrepreneur and lecturer, he has been engaged in building a dynamic startup scene in the Metropolitan region for many years. Prior to founding TechQuartier, Sebastian was head of Goethe University’s business incubator and research fellow at the management and microeconomics department. He lectures at GBS and is associated with the Center for Leadership and Behavior in Organizations and the Frankfurt Laboratory of Experimental Economics at Goethe University.

Key Facts

Course materials

Course materials will be provided in electronic form.




Campus Westend of Goethe University Frankfurt.

Certificate of participation

A GBS certificate of participation is awarded upon completion of the course.

Course Fee

€ 950 (fee is exempt from VAT). The fee for GBS students or alumni amounts to € 400.

Course Schedule
Date Session
Fri., May 31, 2024 18:00 - 20:00
Fri., June 14, 2024 18:00 - 20:00
Fri., June 28, 2024 13:00-15:00, 15:30-17:30, 18:00-20:00
Fri., July 5, 2024 18:00 - 20:00

There are two main things which make returning for Open Programs such a valuable and worthwhile experience. The first is being back on campus – meeting the current students, returning to campus again, the whole experience was just so pleasant. The second is the level of quality in the courses – the faculty teaching are absolute experts.

Stephan KieneDuke-Goethe Executive MBA Class of 2009

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