Education
After his A-levels at Eduard Spranger School, Filderstadt, in 1993, Schmid studied law at the University of Tübingen.
After his A-levels at Eduard Spranger School, Filderstadt, in 1993, Schmid studied law at the University of Tübingen.
He worked as a lawyer, and in 2006 he received his doctorate (summa cum laude) from Tübingen University. Schmid joined the Social Democratic Party of Germany in 1991 - and in 1993 he was already elected chairman of the Esslingen district of the Young Socialists in the Social Democratic Party of Germany, becoming deputy chairman of the Young Socialists of Baden-Württemberg in 1996. He was elected deputy leader of the Social Democratic MPs in the Baden-Württemberg parliament, and, in 2009, he became the leader of his party in that state (after winning a poll among its members).
After the Baden-Württemberg general elections of 2011 Schmid became Deputy Prime Minister of the state of Baden-Württemberg, as well as its Minister of Financial and Economic Affairs.
Baden-Württemberg International, Ex-Officio Chairman of the Supervisory Board
L-Bank, Ex-Officio Chairman of the Supervisory Board
Landesbank Baden-Württemberg, Deputy Chairman of the Supervisory Board
Carlo Schmid Foundation, Chairman of the Board of Trustees
Phi Delta Phi – Richard von Weizsäcker Inn Tübingen, Honorary Member.
But then he gave up his professional career in favour of politics. There he gradually developed into his party"s main speaker on financial affairs In the negotiations to form a Grand Coalition following the 2013 federal elections, Schmid was part of the Social Democratic Party of Germany delegation in the working group on economic policy, led by Ilse Aigner and Hubertus Heil.
In 1997 Schmid was elected as a member of Baden-Württemberg"s state parliament. He is a member of the German-French Friendship Group set up by the German Bundesrat and the French Senate as well as of the German-Russian Friendship Group set up in cooperation with the Russian Federation Council. EnBW, Member of the Supervisory Board
KfW, Member of the Supervisory Board
Baden-Württemberg Stiftung, Member of the Supervisory Board
Vereinigung Baden-Württembergische Wertpapierbörse, Member of the Board of Trustees
Kunststiftung Baden-Württemberg, Member of the Board of Trustees (2003-2011)
Akademie Schloss Solitude, Member of the Board of Trustees (2007-2011).