Financial education is an often neglected topic in Germany. To address this deficiency, the Düsseldorf-based online broker CapTrader and the FOM University of Applied Sciences for Economics & Management a pioneering cooperation has been launched. Students of the „Finance & Banking" degree program will thus have a unique opportunity to apply their theoretical knowledge directly in practice.
A professional-level stock market simulation game
The centerpiece of the partnership is a stock market simulation game that runs parallel to studies. CapTrader provides the FOM with a fictional Paper trading platform available, which on the professional Trader Workstation (TWS) based. Participants will gain access to over 1.2 million Securities more than 125 Stock exchanges Worldwide. With virtual seed capital, they can test trading strategies under real market conditions without taking on financial risk.
Christian Weiß, Managing Director at CapTrader, emphasizes the relevance: „The topic of the stock market has been shamefully neglected in the curricula of German schools for decades... for this reason alone, we think FOM's commitment is great."
Sustainable learning over seven semesters
Unlike short-term competitions, cooperation is designed for the long term. Access to the trading platform remains active throughout the entire course of study. Each semester, students execute at least six trades, which are placed within the context of lectures on topics such as portfolio theory or market efficiency. At the end of the course, this theory-practice transfer is even assessed as part of the colloquium.
Prof. Dr. Dr. habil. Eric Frère, FOM Dean of Business Administration, explains: „Today's investors should also consider ETFs, raw materials and CFDs and Options "employ." Through the partnership with CapTrader, tomorrow's specialists and managers will learn and use this broad range of instruments.
Expert support
CapTrader not only provides the infrastructure but also acts as a mentor. Via Webinars, Tutorials and special support accompany the broker's experts as they guide students through their first steps in the capital market. This ensures that students don't just „press buttons," but gain a profound understanding of the mechanisms of global trading.
Conclusion
The Cooperation between CapTrader and FOM is an outstanding example of modern knowledge transfer. By merging theory and practice, the next generation of finance professionals is optimally prepared for the challenges of the capital markets. A win for the students, the university, and Germany's financial center.