About us

Mission Statement

The Center for Financial Studies conducts independent and internationally oriented research in important areas of Finance. It serves as a forum for dialogue between  academia, policy-making institutions and the financial industry. It offers a platform for top-level fundamental research as well as applied research relevant for the financial sector in Europe.


The Center for Financial Studies (CFS) is an independent non-profit research center, funded by the non-profit organization Gesellschaft für Kapitalmarktforschung e.V. (GfK). The CFS is financed by donations and by contributions from the GfK members, as well as by national and international research grants. The GfK members comprise major players in Germany’s financial industry. The institute was founded in 1967 as the Institut für Kapitalmarktforschung. In 1996, in the course of ongoing internationalization, the institute was renamed to Center for Financial Studies (see Chronicle).

The CFS in the House of Finance

Since 2008, the CFS is located in the House of Finance at Goethe University Frankfurt’s Campus Westend. The House of Finance combines under one roof several interdisciplinary research and education activities in the area of finance at Goethe University. In January 2013, CFS and Goethe University together launched the Research Center "Sustainable Architecture for Finance in Europe" (SAFE). SAFE has been working as a legally independent institute since January 2020 and is a member of the Leibniz Association. The institute is dedicated to interdisciplinary research on the financial markets and their players in Europe as well as science-based, independent policy advice. SAFE thus contributes to the strengthening of a sustainably positioned and crisis-proof financial system that promotes innovation and serves the individual needs of business and citizens. SAFE relies on the cooperation of researchers from the fields of economics, law and political science as well as on the diversity of scientific methods.