Master of Innovative Finance students Hana Gashi and Leonhard Gräf represented the University of Liechtenstein at the Swiss Green Economy Symposium (SGES) 2025 in Winterthur this September. Their research on blended finance and innovative financing, developed within a semester module of the program, was presented at the Swiss Green Economy Symposium as part of the Innovationsforum on Innovative Financing Solutions.

The session was moderated by Simon Tribelhorn, Managing Director of the Liechtenstein Bankers Association (LBA), together with Katharina Bachinger, also a student in the Master of Innovative Finance. Under their guidance, the forum brought together changemakers, industry leaders and academics to exchange perspectives on how to scale impact financing.

Reflecting on their participation, Hana and Leonhard noted: “The event was a unique opportunity to present our semester research on blended finance and innovative financing. We were able to connect with industry experts, exchange ideas, and gain valuable insights for our future work.”

The University of Liechtenstein congratulates Hana Gashi, Leonhard Gräf and Katharina Bachinger on their contributions, which highlight the program’s commitment to linking academic research with practical solutions for sustainable finance.

On Friday, 26 September 2025, 19 graduates of the University of Liechtenstein's professional education programme received their diplomas.

Rector Dr Christian Frommelt and the programme directors presented the academic degrees in the MBA Technology and Innovation and LL.M. in Economic Criminal Law programmes. Associate Professor Dr Sebastian Stöckl, Academic Director of the Liechtenstein Undergraduate and Graduate School, moderated the event.

Dr Maximilian Rüdisser, Managing Director of the Liechtenstein Chamber of Commerce and Industry, gave the keynote speech and emphasised: "Regardless of the role you hold today or will hold in the future, critical thinking, reflecting on experiences and observations, and being curious are qualities that will help you and your projects progress and also set you apart."

The Executive Master of Laws (LL.M.) in Economic Criminal Law was launched in September 2023. The University of Liechtenstein has now awarded the first degrees to ten graduates of this innovative programme.

The LL.M. provides in-depth knowledge of Liechtenstein, EEA, European and international commercial criminal law, as well as Liechtenstein administrative and criminal procedure law.

‘The fight against white-collar crime, including cybercrime, is becoming increasingly important. Raising awareness of criminal law risks is more necessary than ever,’ emphasises programme director Prof. Dr. Konstantina Papathanasiou. ‘The LL.M. combines scientific principles with practical application and qualifies students for responsible roles in criminal defence, criminal prosecution, criminal compliance and crime prevention.’

For the eighth time, graduates successfully completed the MBA Technology and Innovation programme. The part-time programme is aimed at executives who want to make their companies fit for the future in times of digital transformation and Industry 4.0/5.0.

"The MBA in Technology and Innovation is a key driver for the economy in the region and beyond," explained Prof. Dr. Leo Brecht, Academic Director of the MBA programme.

This year's scholarship recipients, Noemi Pirrello from Italy and Johann Birnbaum from Germany, stood out in the application process thanks to their excellent academic achievements to date, their social commitment and their high level of motivation towards their fellow students.

The scholarship certificates were presented to the two students of the Master's programme in Innovative Finance just in time for the start of their studies by Elvira Knecht, Head of Human Resources Europe, and Selina Allemann, HR Expert Professional, as well as by representatives of the University of Liechtenstein, Prof. Dr. Martin Angerer, Director of Studies for the Master's programme in Innovative Finance, and Patrick Krause, Programme Manager for the Master's programme in Innovative Finance.

With the LGT University Scholarship, LGT supports promising young talent during their education by covering their semester fees for one academic year.

The Master's programme in Innovative Finance is an internationally recognised Master's programme and is currently one of the few English-language programmes in the German-speaking world focusing on asset and wealth management and international finance, which can be completed on both a full-time and part-time basis.

On 26 September 2025, the University of Liechtenstein awarded seven doctoral degrees and presented diplomas to 129 graduates. Ten of them received awards for outstanding achievements.

Dr Christian Frommelt, Rector of the University of Liechtenstein, and the programme directors awarded the graduates their academic degrees in architecture, economics and continuing education. Associate Professor Sebastian Stöckl, Academic Director of the Undergraduate and Graduate School, presided over the ceremony.

Michelle Kranz, Managing Director of the Hilty Family Foundation, encouraged the bachelor's degree graduates in her speech: "You don't know today where you will be tomorrow. And that's great. Because the best stories don't start with a finished plan, but with the willingness to try something new."

Thomas Marte, CEO of LGT Fund Management Company, speaking to the Master's graduates. 

Assoc. Prof. Dr. Sebastian Stöckl, Academic Director of the Liechtenstein Undergraduate & Graduate School, presided over the graduation ceremony.

As in previous years, the Martin Hilti Foundation for International Career Development awarded prizes for the most innovative dissertations from bachelor's and master's degree programmes in economics.

The award for the bachelor's degree programme in business administration was presented to Jonas Ave.

The prize in the Master's programme category went to Matthias Frohner (Master's programme in Business Informatics).

The Liechtenstein Bankers Association (LBA) honoured the best average grades across all modules in the Bachelor's programme in Business Administration with a specialisation in Financial Services (IFS) and in the Master's programme in Finance. The award for the Bachelor's programme went to Elif Yamikan.
The LBV also recognises outstanding academic and practice-oriented theses. The award for the Bachelor's programme was presented to Vanja Idzanovic.

In the Master's programme, the award was presented to Andreas Stefan Maria Pischetsrieder and Eric Schumann.

The LBV also recognises outstanding scientific and practice-oriented theses. In the Master's programme, Aziza Ouali received this award.

The LIA, the Liechtenstein Association of Engineers and Architects, traditionally honours the best graduates of the Bachelor's and Master's degree programmes in architecture.
The award for the Bachelor's degree programme went to Sabrina Pfiffner.

Lion Maul received the award in the master's programme.

At this year's graduation ceremony, seven students from the field of economics were awarded doctoral degrees:

• Merlin Bartel received his doctoral degree with summa cum laude honours for his dissertation ‘Machine Learning in Financial Economics: An Investment Perspective’; his supervisor was Associate Professor Sebastian Stöckl.

• Jonas Bokstaller received his doctorate with summa cum laude honours for his dissertation ‘Battery Health Platform: A platform for tracking, predicting, and maintaining the health of batteries powering IoT devices.’ His supervisor was Prof. Dr. Johannes Schneider.

• Sophie Hartl obtained her doctorate with summa cum laude honours for her dissertation entitled ‘Explaining and Understanding Organisational Dynamics Using Digital Trace Data’; her supervisor was Prof. Dr. Jan vom Brocke.

• Gregor Kipping received his doctorate with summa cum laude honours for his dissertation ‘Advancing Process Science – Leveraging Multiple Sources of Data in Business Process Management,’ supervised by Prof. Dr. Jan vom Brocke.

• Daniel Knapp received his doctorate with summa cum laude honours for his dissertation ‘Driving Sustainability with Purpose: Unraveling the Role of Influencing Factors in Advancing Innovation Efficiency,’ supervised by Prof. Dr. Leo Brecht.

• Saskia Laura Schröer obtained her doctorate (Dr. sc.) with the distinction magna cum laude for her dissertation ‘Hacker and AI: Investigating Hacker's Technical Innovation Through the Lens of Cyber Threat Intelligence and Natural Language Processing’, supervised by Prof. Dr. Pavel Laskov.

Gabriela Kramer (Bachelor of Business Administration) and Raffael Loosli (Master of Finance) gave the student speeches.

The Classix Duo, Janina Rischka and Attila Buri.

The University of Liechtenstein warmly welcomes you to its new website. During the initial launch phase, minor technical issues may occur – we kindly ask for your understanding.

We are continuously working in the background to optimise the site and to present information on degree programmes, professional education, and research at the University of Liechtenstein in the best possible way.

If you are unable to find the information you are looking for or if you have any other questions, please do not hesitate to contact the person listed under the respective section.

General feedback on the website can be sent to webmaster@uni.li. 

Thank you very much for your interest and patience.
– The Project Team