1970-1977 studies of mathematics, philosophy and computer sciences in Karlsruhe. Doctorate in mathematics in 1980. Lecturer of mathematics and philosophy. 1989 assistant at the "Institut für Mathematische Statistik" (Institute for Mathematical Statistics) in Karlsruhe. Also studies and lectures on philosophy. Joined the Organization Department of the Deutsche Bank AG in 1989, then transfer to the Risk Controlling Department in 1990. Joined the Frankfurt School of Finance & Management (formerly HfB) in 1990, initially as part-time lecturer. Became full-time Professor of Quantitative Methods and Special Bank Management in 1992.