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Building Education

Building Education

Alumna Isha Dhingra and PhD student Daniel Haselsberger are currently in the Indian state of Bihar to complete an important initiative: the construction of a school that began the year before last. Together with the schoolchildren and local villagers, they are now putting the finishing touches on the building.

 

Through their work on-site, Isha and Daniel aim not only to construct a school but also to create access to education – a step that will profoundly and sustainably impact the lives of many children and families.

 

This project demonstrates what can be achieved through dedication and collaboration. Education builds the future – and here, it is taking shape through collective effort.

 

More about the project: A school in India

Mention at the Piranesi Award 2024

Mention at the Piranesi Award 2024

Modell eines architektonischen Projekts mit zwei Gebäuden, umgeben von kahlen Bäumen. Das linke Gebäude hat ein geneigtes Dach, während das rechte ein Flachdach aufweist. Kleine Figuren und Fußspuren sind auf dem Boden sichtbar, was eine menschliche Präsenz andeutet.

The Piranesi Award, presented as part of the Piran Days of Architecture, is one of the most prestigious architectural awards in Central Europe. Since its inception, it has annually recognised outstanding projects by students and architects from across Europe. The aim of the award is to promote innovative architectural ideas characterised by quality, contextual sensitivity, and visionary approaches.

 

The Liechtenstein School of Architecture is delighted to announce that student Antonia Trager has received a "Mention" at the Piranesi Award 2024. Her project, “La mucca podolica”, developed under the supervision of Alberto Alessi and Anna Lohs, impressed the international jury with its design and innovative approach.

 

This year, a total of 39 student submissions from 21 European architecture schools were evaluated.

 

We warmly congratulate Antonia on this outstanding achievement.

 

For more information about the competition and the awardees, visit the official website: PIDA 2024.

Modell eines architektonischen Projekts mit zwei Gebäuden, umgeben von kahlen Bäumen. Das linke Gebäude hat ein geneigtes Dach, während das rechte ein Flachdach aufweist. Kleine Figuren und Fußspuren sind auf dem Boden sichtbar, was eine menschliche Präsenz andeutet.

The recent Educational Journey of the Master's programme in Innovative Finance to Singapore was truly transformative!

The recent Educational Journey of the Master's programme in Innovative Finance to Singapore was truly transformative!

Gruppe von Studierenden und Fachleuten in formeller Kleidung steht in der Lobby der VP Bank. Im Hintergrund ist das Logo der Bank sichtbar. Die Szene vermittelt eine professionelle und lernorientierte Atmosphäre.

This year, the programme explored Southeast Asia - a region experiencing rapid economic growth and playing an increasingly strategic role in global finance. This trip was more than just an academic excursion; it was an eye-opening experience that reshaped how students view wealth management and the evolving financial landscape in Asia.

 

Throughout the week, students engaged with leading institutions across the finance sector. From exploring alternative assets at Alta Group and gaining market insights at CGS International Securities Singapore to learning about relationship-driven strategies at VP Bank Asia and blended finance solutions at LGT Private Banking - each session enriched their understanding from multiple angles.

 

They also gained valuable insights from Equanimity® (Blockchain) Holdings Pte. Ltd., Raffles Family Office, Julius Baer, and Deutsche Bank, highlighting how traditional and modern finance converge in Singapore. The visit to the Monetary Authority of Singapore (MAS) provided a comprehensive overview of regulatory frameworks, digital currency initiatives, and financial transformation in the region.

 

At Orbis Advisory, PwC Singapore, and SGX Group, students explored the elements that position Singapore as a global financial hub. They were also honored to be hosted by the Honorary Consul Gerald Ong and members of the Embassy of Switzerland in Singapore, which emphasized the importance of diplomacy in international finance.

 

Each visit contributed uniquely to the richness of the journey, offering insights that expanded the learning and sparked meaningful reflection.

Gruppe von Studierenden und Fachleuten in formeller Kleidung steht in der Lobby der VP Bank. Im Hintergrund ist das Logo der Bank sichtbar. Die Szene vermittelt eine professionelle und lernorientierte Atmosphäre.

Graduation Ceremony of the Certificate Program in Fiduciary Services

Graduation Ceremony of the Certificate Program in Fiduciary Services

On 10 April 2025, the University of Liechtenstein bid farewell to 29 graduates of the Certificate Program in Fiduciary Services during a festive ceremony. These emerging professionals will now contribute their expertise to strengthening Liechtenstein's financial centre.

 

Prof. Dr. iur. Alexandra Butterstein, LL.M., Dean of the Liechtenstein Business Law School, welcomed the graduates and emphasized in her commencement address the growing importance of qualified fiduciary professionals in today’s increasingly complex international financial landscape. She then awarded the certificates in recognition of the students’ achievements and congratulated them on their successful graduation.

 

Award for Outstanding Academic Achievement

 

A highlight of the ceremony was the presentation of the Liechtenstein Institute of Professional Trustees and Fiduciaries Award. Dr. Stefan Wenaweser, President of the Institute, presented the prize to Anna Wohlwend, who graduated with top honors. This award reflects the long-standing and successful collaboration between the University of Liechtenstein and the Liechtenstein Institute of Professional Trustees and Fiduciaries.

 

Most of the graduates will continue their academic journey by enrolling in the advanced Diploma Program in Fiduciary Services at the University of Liechtenstein, further deepening their expertise. Prof. Dr. iur. Alexandra Butterstein, LL.M. and Dr. Stefan Wenaweser wish all graduates continued success in both their academic and professional careers.

Fathers as Breadwinners, Mothers as Caregivers? New Study Exposes Harmful Gender Roles

Fathers as Breadwinners, Mothers as Caregivers? New Study Exposes Harmful Gender Roles

Eine Person mit Brille und langem Haar steht in einem modernen Gebäude und trägt einen roten Pullover. Sie lächelt leicht und lehnt sich an ein Geländer.

Why does true gender equality in the workplace often remain an unattainable goal? A new study reveals that deeply ingrained ideas about motherhood and fatherhood significantly influence family roles, ultimately disadvantaging women in their careers.

 

Associate Professor Dr. Lindsay Howe from the University of Liechtenstein, along with researchers from the University of Cardiff and the Institute for Voluntary Action Research, examined how entrenched gender roles shape everyday life for families in South Africa – with surprising findings.

 

The study, based on focus groups, ethnographic research, and innovative data collection using "Volunteered Geographic Information" (VGI), found that many people – regardless of gender – still perceive fathers primarily as "breadwinners." As a result, many fathers fulfill their parenting duties only in brief moments between professional obligations. The researchers call this phenomenon "parenthetical parenting," which further reinforces existing inequalities.

 

What makes this particularly concerning is that the gap between ideal and reality affects families across all social classes. While many fathers aspire to take a more active role in parenting, societal and economic structures often prevent them from doing so. At the same time, the bulk of caregiving responsibilities still falls on mothers – with far-reaching consequences for their professional development.

 

Published in the renowned journal The Professional Geographer, this study builds on previous research by the authors. In a Time Magazine article (https://time.com/6249410/secret-tax-women-time/), they explored the hidden costs women bear due to caregiving responsibilities. The new findings now highlight that the issue is not just about mothers but also the challenges faced by fathers who wish to be more involved.

 

One thing is clear: As long as these traditional gender roles persist, true equality will remain elusive. However, the study’s insights could pave the way for a fairer distribution of work and caregiving responsibilities.

 

More about the study: https://www.uni.li/de/forschung/forschungsaktivitaeten/veroeffentlichungen/publikationen/@@publication_detail/9837.67

Eine Person mit Brille und langem Haar steht in einem modernen Gebäude und trägt einen roten Pullover. Sie lächelt leicht und lehnt sich an ein Geländer.

Visiting Professorship at the Faculté Libre de Droit, Paris

Visiting Professorship at the Faculté Libre de Droit, Paris

Gruppe von Studierenden und einer Lehrperson vor einem modernen, runden Universitätsgebäude bei sonnigem Wetter.

Prof. Dr. Konstantina Papathanasiou, LL.M., from the Chair of Economic Criminal Law, Compliance and Digitalization, has served as a visiting professor at the Faculté Libre de Droit (Paris campus of the Université Catholique de Lille) since 2016, where she teaches a course on German Criminal Law each year.

 

This year, she once again spent a week in Paris, inspiring highly motivated fourth-semester students with her expertise in criminal law, while also contributing to the international visibility of the University of Liechtenstein.

Gruppe von Studierenden und einer Lehrperson vor einem modernen, runden Universitätsgebäude bei sonnigem Wetter.

Securing Family Businesses for the Long Term – But How?

Securing Family Businesses for the Long Term – But How?

Eine Gruppe von Studierenden und Dozenten des LL.M.-Executive-Masterstudiengangs im Gesellschafts-, Stiftungs- und Trustrecht der Universität Liechtenstein posiert auf einer Treppe im Freien. Sie sind Teil des I&F Family Wealth Preservation Awards. Im Hintergrund sind Pflanzen und eine Gebäudefassade zu sehen.

This question is at the heart of a new case study challenge for students enrolled in the Executive LL.M. in Company, Foundation and Trust Law at the University of Liechtenstein. The initiative offers participants the chance to win a total of CHF 9,000 in prize money. It marks the official launch of the I&F Family Wealth Preservation Award—a joint initiative of the University of Liechtenstein and the Liechtenstein-based fiduciary company Industrie- und Finanzkontor Ets.

 

The I&F Family Wealth Preservation Award gives Executive LL.M. students a unique opportunity to gain deeper insights into Liechtenstein’s fiduciary sector. The award is structured as a competition in which students solve a practice-oriented case study involving multiple legal and strategic dimensions. This year’s task centres on a third-generation family business that must be restructured in a way that:

 

  • ensures its continuity for future generations,
  • allows ongoing management by family members,
  • preserves decision-making authority within the family,
  • enables adaptability to unforeseen external developments, and
  • maintains strong family relationships.

 

The task highlights that successful wealth structuring goes beyond legal frameworks—it requires broader strategic thinking. The I&F Family Wealth Preservation Award promotes a vital exchange between academia and professional practice. Winners will be selected by an expert jury in December 2025, and their solutions will be presented to the public at a formal award ceremony on 26 January 2026.

 

Statement by I.D. Gisela Bergmann, Princess of Liechtenstein, CEO and Managing Director of Industrie- und Finanzkontor Ets.: “With the I&F Family Wealth Preservation Award, we aim to deepen the understanding of fiduciary work in Liechtenstein. The core task of a trustee is to assess complex asset situations from a comprehensive and objective perspective, and to structure wealth so that it can be preserved, purposefully managed, and transferred across generations. Fiduciary activity in Liechtenstein involves far more than simply establishing legal entities. Through the Award, we enable students to engage with the diverse requirements of fiduciary practice and raise awareness of its long-term responsibilities.”

 

Statement by Prof. Dr. Alexandra Butterstein, LL.M., Programme Director of the Executive Master of Laws (LL.M.) in Company, Foundation and Trust Law: “We are very pleased about the strong interest in the I&F Family Wealth Preservation Award, which for the sixth time offers our students the valuable opportunity to apply their academic knowledge to a real-world context. This chance to tackle a multifaceted, complex case from wealth structuring—both academically and practically—perfectly complements the Executive LL.M. The Award specifically prepares participants for the demands of long-term wealth preservation, a skillset essential to their future professional practice.”

Eine Gruppe von Studierenden und Dozenten des LL.M.-Executive-Masterstudiengangs im Gesellschafts-, Stiftungs- und Trustrecht der Universität Liechtenstein posiert auf einer Treppe im Freien. Sie sind Teil des I&F Family Wealth Preservation Awards. Im Hintergrund sind Pflanzen und eine Gebäudefassade zu sehen.

BEST RECRUITERS Study 2024/25: Hilti Tops Liechtenstein Ranking for the Second Consecutive Year

BEST RECRUITERS Study 2024/25: Hilti Tops Liechtenstein Ranking for the Second Consecutive Year

Vier Personen stehen vor einem Hintergrund mit dem Logo "Best Recruiters". Eine Person hält ein Zertifikat mit der Aufschrift "Branchen­sieger Best Recruiter 2024/25". Eine andere Person hält ein Schild mit dem gleichen Logo. Alle lächeln in die Kamera.

The latest BEST RECRUITERS Study 2024/25 has, for the twelfth time, examined the recruiting quality of around 450 of the largest companies and institutions in Switzerland and the Principality of Liechtenstein—delivering a detailed and differentiated analysis.

 

On 2 April in Zurich, the latest recruiting trends were presented, and the BEST RECRUITERS in the region were honoured. With outstanding results across all categories, Helsana Versicherungen AG claimed the overall victory this year. Among the approximately 150 guests were HR professionals, executives from top employers, and advisory board members such as Prof. Dr. Marco Furtner, Professor of Entrepreneurship and Leadership at the University of Liechtenstein, and Kuno Ledergerber, former Head of the Center for Human Capital Management at ZHAW.

 

Hilti AG Ranked 8th Overall

 

Of the 31 industry champions, three are based in Liechtenstein:

 

  • Hilti AG secured first place in the Industrial category,
  • thyssenkrupp Presta AG led the Automotive category, outperforming Swiss competitors,
  • Ivoclar Vivadent AG took the top spot in Pharma/Biotech/Medical Technology.

 

While TikTok and video content continue to gain ground and usability has made significant progress, the results for cybersecurity, leadership communication, and response time to applications were, in part, sobering.

 

Significant Weaknesses in Cybersecurity

 

Only 6% of career websites are technically secured against data breaches. Essential measures such as security headers or encrypted connections are absent in the vast majority—an alarming gap, especially amid rising data protection standards. In addition, mobile career sites are plagued by long loading times, which test the patience of users.

 

Over Half of Inquiries from Young Candidates Remain Unanswered

 

A fictional 17-year-old applicant sent an email requesting job shadowing or internship opportunities. Backed by a motivation programme through the Regional Employment Office (RAV), the message served as a test for responsiveness. 59% of companies did not respond, and only 29% replied within three working days—a dramatic drop of 32 percentage points compared to the previous year. By contrast, inquiries about application status saw significantly higher response rates in earlier scenarios.

 

Leadership Rarely Addressed in Job Ads

 

Only 2% of the job ads reviewed contained statements about leadership style. Just three in ten employers addressed leadership in various dimensions on their career sites. Fewer than 20% specifically referenced leadership training, and clear leadership principles were found on only 14% of websites. First-hand testimonials from leaders were present on just 4%—and those featured lacked diversity.

 

Video Content Booming, Social Media Widely Used

 

Today, 72% of career websites incorporate video. Job ads are also evolving, with one in five now including video content. Notably, three-quarters of the videos focus on actual job tasks and work environments, rather than purely image-building.

 

Instagram is used by 49% of employers, while TikTok has grown to 17%, up six percentage points. YouTube usage is also increasing. X (formerly Twitter) continues to decline and is now used by just 6% of employers. In contrast, LinkedIn remains nearly universally used. Less encouraging: community management lags behind, with interaction rates on LinkedIn and Instagram under 10%.

 

More Structure and Better Findability

 

The usability of online job ads has significantly improved (from 52% to 71%), partly thanks to the first-ever technical analysis of job platforms. The search engine visibility of mobile career websites has also been greatly enhanced—although load times remain problematic.

 

Top 3 Recruiters 2024/25 in the Principality of Liechtenstein

  1. Hilti AG
  2. thyssenkrupp Presta AG
  3. Ivoclar Vivadent AG

 

Vier Personen stehen vor einem Hintergrund mit dem Logo "Best Recruiters". Eine Person hält ein Zertifikat mit der Aufschrift "Branchen­sieger Best Recruiter 2024/25". Eine andere Person hält ein Schild mit dem gleichen Logo. Alle lächeln in die Kamera.

University of Liechtenstein in cooperation with “the prosperity company AG”

University of Liechtenstein in cooperation with “the prosperity company AG”

Vier Personen stehen lächelnd vor einer Präsentationsfolie mit der Aufschrift "LAB: Sustainability, Prosperity, and Provision, 18. March 2025". Sie befinden sich in einem modernen Raum mit Holzvertäfelung.

Long-term pension products with impact components for sustainable development tend to perform better than comparable conventional investments. This is the conclusion of a study conducted by researchers at the University of Liechtenstein as part of the “LAB on Sustainability, Prosperity, Provision” on a representative selection of pension portfolios with a European or global focus.

 

The LAB on Sustainability, Prosperity, Provision was founded in April 2024 as a cooperation project between the University of Liechtenstein and “the prosperity company AG”, the specialist provider of innovative prosperity planning and pension solutions. The focus is on researching the effects of impact investments in the context of various investment portfolios as well as the management options for profitability, risk diversification and improvements for people and the environment.

 

The empirical analyses of the current study show that fund portfolios with impact components for a global and a European investment focus tend to have a better financial performance compared to their benchmarks with exclusively conventional investments after filtering with regard to the total expense ratio of the funds. In the study, both SFDR Article 8 and Article 9 funds outperformed their peer groups. Additional performance improvements were achieved by funds with an ESG rating above 70. Simulated client portfolios based on the study results also showed that impact components generally have a positive effect on the performance of pension products. Overall strategies that selected funds according to SFDR classification, low total costs, diversification and available fund selection achieved the best risk-return ratio according to the study.

 

As part of the research project led by Prof. em. Dr. Marco Menchetti and Dr. Othar Kordsachia, representative of the Chair of Sustainable Finance and Investments, the effects of impact investments as components of various investment portfolios are being scientifically investigated and recommendations for action derived on an empirical basis. The prosperity company AG is participating in the project as an exclusive partner, providing financial support, expertise and other resources in order to use the results to develop innovative new approaches for profitable and sustainably balanced wealth management.

 

Christoph Böckle, CEO of the prosperity company AG, explains: “Thanks to the collaboration with the renowned University of Liechtenstein as part of the LAB on Sustainability, Prosperity, Provision, we were able to gain scientific evidence for our portfolio approach: Sustainable investments pay off twice over, especially when it comes to retirement provision and wealth creation: For reliable returns and for our planet.”

 

Dr. Othar Kordsachia, Assistant Professor and representative of the Chair of Sustainable Finance & Investments, adds: “With the joint LAB, the Chair of Sustainable Finance & Investments and the prosperity company AG brought together academic expertise and practical application to develop future-oriented solutions for sustainable pension provision. The results show which criteria are best suited for fund selection in order to achieve a sustainable investment strategy.

 

About the prosperity company AG

 

The digital financial group prosperity was founded in 2016 around the future-oriented life insurance company Liechtenstein Life Assurance AG. With innovative ideas and solutions, it is developing a holistic digital ecosystem for high-yield retirement, wealth and succession planning.

 

In addition to Liechtenstein Life, prosperity solutions AG completes the Group's value creation as an innovative insurtech hub for the acquisition and support of sales partners and the management of end customers. As the holding company, the prosperity company AG ensures the efficient administration and strategic management of the investments.

 

With a network of over 1,000 sales partners, the prosperity group serves around 100,000 end customers. Over 120 employees in Liechtenstein, Zurich, Berlin and Lisbon have kept the group of companies on a constant course for success for years with forward-looking solutions.

 

The report can be viewed here: bit.ly/TPC_UNI_Report 

Vier Personen stehen lächelnd vor einer Präsentationsfolie mit der Aufschrift "LAB: Sustainability, Prosperity, and Provision, 18. March 2025". Sie befinden sich in einem modernen Raum mit Holzvertäfelung.

Continuing Education in Fiduciary Services: Diploma Programme Launches with New Industry Partnership

Continuing Education in Fiduciary Services: Diploma Programme Launches with New Industry Partnership

Gruppenfoto von Studierenden des Diplomstudiengangs Treuhandwesen an der Universität Liechtenstein, die auf einer Steintreppe im Freien stehen. Die Gruppe besteht aus Männern und Frauen in formeller Kleidung, umgeben von grüner Vegetation.

On 24 March 2025, the Diploma Programme in Fiduciary Services at the University of Liechtenstein was launched once again, welcoming a new cohort of 40 students. Offered by the Professorship for Company, Foundation and Trust Law, this specialised and practice-oriented programme is designed to prepare participants for qualified careers in the fiduciary sector. The curriculum provides in-depth knowledge in the areas of law, taxation, business administration, asset management, and investment advisory.

 

Both the Diploma and Certificate Programmes in Fiduciary Services—which also serve as preparation for the Liechtenstein fiduciary licensing examination—have enjoyed strong popularity for many years. This reflects not only the appeal of the programme but also the high competitiveness of Liechtenstein’s fiduciary sector, which is characterised by strong value creation and resilience in times of crisis. Serving national and international clients requires deep expertise in legal, economic, fiscal, and social matters. To meet these demands, the Diploma Programme combines academic insight with practical content delivered by experienced industry professionals.

 

This year marks the first-time collaboration with VP Bank. Through this new partnership, VP Bank employees will have the opportunity to attend selected sessions within the Diploma Programme. The tailor-made course is specifically designed to meet the continuing education needs of VP Bank, particularly in its role as an intermediary bank.

Gruppenfoto von Studierenden des Diplomstudiengangs Treuhandwesen an der Universität Liechtenstein, die auf einer Steintreppe im Freien stehen. Die Gruppe besteht aus Männern und Frauen in formeller Kleidung, umgeben von grüner Vegetation.
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