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Nearly all jobs in finance and management will be touched by AI

The sea-change in artificial intelligence over the last few years resulted from a bet, placed in a couple of university and industrial labs a decade ago, that a sleepy line of research could come to life with a lot of data and a lot of computational resources.

The results have surprised even the most ardent supporters, and the subsequent deployments of working AI systems have by turns captivated and alarmed the public. Both the power and limitations of these systems are difficult to appreciate, which is an obstacle to informed public debate and the shrewd use of these tools in business and government.  

Nearly all jobs in finance and management will be touched by AI, but relatively few will be completely eliminated. Instead, one should think of tasks being replaced by AI, rather than jobs, which will place a premium on people knowing where and how this technology can be deployed. There are also many societal, ethical, and legal issues that arise, and tomorrow’s business leaders must be attuned to the implications of this technology in these areas.


5 The Pandemic Response: Exchange with World Bank Group and Deutsche Bundesbank AI Lab yes
12 - 16 Certified Expert in Data Science and Artificial Intelligence AI Lab yes
19 - 20 Seminar: change management AI Lab yes
21 Hackathon - Digital Exams AI Lab
5 FSDF e-Campus - Hackathon AI Lab
5 Entrepreneurship and Business Model Innovation in the 3D Printing Era AI Lab
17 Master Class "The 4th Industrial Revolution: Data Science & AI AI Lab
18 - 19 Entrepreneurship and Business Model Innovation in the 3D Printing Era AI Lab
21 FS Business Forum AI Lab
23-24, 27 Climate & Sustainable Energy Finance Academy AI Lab yes
25 EdTech & Organizational Learning Meetup AI Lab yes
26 Frankfurt Data Science Meetup S0.02 yes
2-3, 9-10 Entrepreneurship and Business Model Innovation in the 3D Printing Era AI Lab
21 - 23 Digital Business -  Betriebswirt AI Lab
27 EdTech & Organizational Learning Meetup: Technology AI Lab yes
28 FS Salon AI Lab
5 - 6 Karriere Coach Audit AI Lab
31 EdTech & Organizational Learning Meetup: Compatibility AI Lab yes
7 Startup night AI Lab
16 - 18 MBA Elective, Technology Track: AI AI Lab
26 EdTech & Organizational Learning Meetup: Competition AI Lab yes

Centre for Human and Machine Intelligence

The Centre for Human and Machine Intelligence, HMI, conducts basic and applied research at the intersection of Artificial Intelligence & Machine Learning, Decision & Social Science, and Finance & Management. Our focus is to develop and advance our understanding of computational systems that augment human capabilities for judgment and decision-making.

The principal aims of the HMI are:

  • To produce and disseminate excellent and original research in Decision Science, Behavioral Science, Machine Learning and Artificial Intelligence, with the aim of advancing our understanding of judgment and decision-making.
  • To become the premier centre in Europe at the intersection of the decision sciences, artificial intelligence and machine learning, and business, connecting theory to practice at the center of European finance.
  • To stimulate and coordinate work worldwide at the intersection of finance, data science, and the decision sciences.
  • To foster collaboration with researchers from adjacent areas, including cognitive science, neuroscience, biology, political science, and philosophy.
  • To contribute to the responsible and ethical development of artificial intelligence in collaborations with both government and corporate initiatives.

AI in Faculty and Research

Prof. Dr. Gregory Wheeler

Gregory Wheeler is Professor of Theoretical Philosophy and Computer Science at the Frankfurt School of Finance & Management. Gregory’s research interests in theoretical philosophy and computer science center on reasoning under conditions of uncertainty, with a focus on the foundations of probability, statistics, and machine learning. Learn more.

Prof. Dr. Florian Ellsäßer

Florian is Assistant Professor for International Entrepreneurship at the Frankfurt School of Finance & Management. His main interest lies in inference under uncertainty. On the theoretical side his focus has been on research methodology, analyzing the applicability of different philosophical theories such as contrastive explanation and machine learning methods such as Causal Graph Models to management research. Learn more.

Prof. Dr. Peter Roßbach

Peter is Professor of General Business Administration and Business Informatics, with emphasis on Applied Business Informatics and Information Technology. Learn more.

AI in Academic Programmes

Bachelor in Business Administration (Bachelor of Science) mit dem Schwerpunkt Digital Business (Wirtschaftsinformatik)

Um die neuen Entwicklungen zu meistern benötigen Unternehmen ausgebildete Fach- und Führungskräfte. Unser Studiengang Digital Business bereitet dich auf genau diese Herausforderungen der Zukunft vor: Lerne in deinem Studium, wie du die Arbeitswelt von morgen mitgestalten und verändern können. In sieben Semestern erlangst du Kenntnisse zum Thema IT und Digitaliserung. Gleichzeitig arbeitest du dich im Studium in relevante Themen aus Management und Wirtschaft ein. Learn more.

Bachelor in Business Administration (Bachelor of Science) with focus on Digital Business

Through this concentration you will learn in 7 semesters about digital marketing, how to develop Data systems and how to manage companies in a more technologically efficient way. You can work at one of our cooperation partners while studying and put your theoretical knowledge into practice. This concentration is for students with an interest in IT-themes and Data Science, as well as general Business Knowledge, Marketing and Entrepreneurship. Learn more.

Master in Applied Data Science

​The MSc in Applied Data Science is a response to the demand from across different industries for business savvy data scientists with the collaborative skills to match. This 4-Semester programme, designed for students interested in applying computational data science to contemporary business problems, equips students with the technical skills, business domain knowledge, and critical judgment to navigate the modern data ecosystem. Learn more.

AI in Executive Education

“Disruption“ belongs to the most used expressions in connection to the rapidly progressing digitization. Applications such as Blockchain Technology, Big Data, and their growing influence on business processes, Artificial Intelligence and the need to continuously assess its potential and risks, are increasingly prevalent in everyday business life at a growing pace.

With the new Competence Center (CC), Frankfurt School of Finance & Management will prepare professionals and senior managers to shape digital transformation processes in their companies.

Certified AI Business Advisor

Artificial intelligence (AI) has enormous disruptive potential, but it requires a change in mind-set and business priorities to be able to live with this potential. The goal of the course is to give an overview about what AI is, what is the current state of this technology and how to make the best use of the business opportunities it can bring. The course focuses on questions and applications of a business leader, and highlights the most important shifts required in leadership mind-set. Learn more.

Certified Expert in Data Science and Artificial Intelligence

The recent wave of innovation in Artificial intelligence (AI) has enormous disruptive potential, but there is a definite shortage of professionals capable of harnessing the power of the newest modeling techniques and bringing AI from the drawing board to real life practice. This course is aiming to give practitioners a solid foundation in data modeling as well as an in depth understanding of recent AI methods and solutions (especially Deep Learning). Learn more.

Seminar „Anwendung der künstlichen Intelligenz im Geschäftsumfeld“

Wie prägt KI unseren Alltag? Welche Herausforderungen birgt die Einführung einer intelligenten Maschine in einer Organisation von Experten? Was sind mögliche Lösungsansätze zur organisationalen Akzeptanz von AI Anwendungen? Wo liegen individuelle Anwendungsmöglichkeiten von AI im jeweiligen Arbeitsumfeld? Erhalten Sie an einem Seminartag durch einen fachlichen Motivationsvortrag mit praktischen Beispielen einen Überblick über das Thema KI. Treten Sie mit Teilnehmern und unserem Experten zum Erfahrungsaustausch in Kontakt und nähern Sie sich an mögliche individuelle Anwendungsfelder in Gruppen an. Learn more.

AI Lab

The AI Lab belongs to the AI Initiative at Frankfurt School and shows the university's commitment to this topic. It is the home for artificial intelligence and digital transformation at FS.

Here, innovation-oriented and collaborative students, employees, faculty members and partners come together. The AI Lab is a hub for projects and topics within AI, ranging from machine learning and deep learning to image recognition and natural language processing. From internal digitalisation projects to external tech events, the AI Lab offers a designated space for open and collaborative learning and working, both on a department level and institution wide.


Frankfurt School’s ProcessLab research center focuses on applied research on process management in the finance industry. A team of researchers from the areas of process management, organizational behavior, and information systems addresses various research questions around on how to manage, improve, and innovate business processes in banks, insurance companies, and other firms from the financial services sector. This does also involve the utilization of new digital approaches and technologies, such as process mining/analytics, process robotics, or blockchain.

The ProcessLab does also organize the annual ProcessLab conference, one of the largest German industry events on process management in the financial industry; this year’s conference theme is “From Digital to Smart Processes – Analytics, Robotics, and Artificial Intelligence”.

#FSAI on Frankfurt School