Corporate finance Ausbildung in Germany offers a structured pathway to a career managing a company’s financial health. Unlike a traditional university degree, the Ausbildung blends practical, on-the-job training with theoretical instruction at a vocational school (Berufsschule).
The most common Ausbildung path for corporate finance is as a Kaufmann/-frau für Büromanagement (Office Management Specialist) or a Bankkaufmann/-frau (Banking Specialist). Although these aren’t exclusively focused on corporate finance, they provide a strong foundation in business administration, accounting, and financial principles, which are essential building blocks. Some larger corporations also offer specialized Ausbildungen tailored to their specific industry and finance needs, although these are less common.
The duration of an Ausbildung is typically three years, but can be shortened to 2.5 or even 2 years depending on prior qualifications and performance. During this time, trainees spend several days a week working within a company’s finance department, gaining hands-on experience in areas like accounts payable and receivable, budgeting, financial reporting, and investment analysis. They learn how to use accounting software, process invoices, prepare financial statements, and support the finance team in daily tasks.
Simultaneously, trainees attend Berufsschule, where they receive theoretical instruction in subjects like bookkeeping, financial mathematics, economics, business law, and controlling. The curriculum provides a broader understanding of the financial landscape and equips them with the analytical skills needed to make informed decisions.
Throughout the Ausbildung, performance is assessed through regular evaluations by the company and exams at the Berufsschule. The final exam, administered by the local Chamber of Industry and Commerce (IHK), is crucial for certification. Successfully completing the Ausbildung earns the trainee a recognized qualification and opens doors to various career paths in corporate finance.
After completing the Ausbildung, graduates can pursue further qualifications, such as becoming a Bilanzbuchhalter (Certified Accountant), Controller (Financial Controller), or even pursuing a Bachelor’s or Master’s degree in Finance or Business Administration. The Ausbildung serves as a solid stepping stone for career advancement and provides a competitive advantage in the job market.
The corporate finance Ausbildung in Germany is a highly regarded and effective way to enter the finance profession. It provides a combination of theoretical knowledge and practical experience, equipping trainees with the skills and knowledge needed to succeed in a dynamic and challenging field. While demanding, the structured nature, career prospects, and potential for further development make it an attractive option for those seeking a career in managing corporate finances.