Based on continuous thermodynamics and its application to the theory of successive polymer fractionation procedures, a theory of column fractionation is developed. In continuous thermodynamics the polydispersity of polymers is accounted for by the direct use of the continuous distribution function in the thermodynamic equations. In this way equations which are favorable for computer simulations are obtained. As an example, Baker-Williams fractionation is chosen for presenting theory and computer simulation. The generalization to other column fractionations based on solubility differences is easily possible.