Posts Tagged ‘Finance#8217;

30
Aug

IE Master in Finance ranks 3rd worldwide

Written on August 30, 2013 by Dirk Hopfl in IE News

IE Business School holds the No. 3 position worldwide in finance according to the 2013 Ranking of Masters in Finance published by Financial Times.

IE achieved this result in the pre-experience category with its full-time English-taught Master in Finance, aimed at young professionals with an international profile. The student body of IE’s Master in Finance comprises 88% international students from 29 countries, who will complete the program at the end of this month to start work in international companies that include JP Morgan, UBS and Mckinsey. IE’s Finance Master was the first program in Spain to be made a program partner of CFA (Chartered Financial Advisor), the leading international endorsement for financial analysts.

“This result further consolidates our Master in Finance Program as a leading international reference in the field of finance. We are proud to welcome these top-level students from around the world, taught by more than 85 professors who draw on their extensive professional experience in finance markets,” says Ignacio de la Torre, Director of Masters in Finance at IE Business School.

The Master in Finance forms part of IE Business School’s Masters in Finance portfolio, along with the School’s Master in Advanced Finance, Executive Master in Finance (Spanish) and the Global Master in Finance, a blended program with residential periods in Madrid and London. The five programs offer a selection of 200 subjects in fields like non-banking finance, Islamic finance and microfinance. Students have access to a pool of more than 60 electives in fields like raw materials, distress investments, mergers and acquisitions, and private equity. The methodology employed by IE’s Masters in Finance is eminently practical, employing management education tools like portfolio management simulation in real-time using the Bloomberg platform, Factset, or Matlab, which analyzes fixed income.

Students can round off their learning experience in New York, visiting investment banks and hedge funds, holding meetings with financial executives, and gaining a deep insight into how Wall Street works. They also get the opportunity to take part in corporate social responsibility projects such as the initiative based in Ghana run by NGO Financieros sin Fronteras, aimed at gauging the impact of microfinance institutions on the eradication of poverty. In the field of research IE Business School’s Center for Islamic Finance has ongoing agreements with institutions that include King Abdulaziz University in Saudi Arabia.

The Financial Times ranking of Masters in Finance comprises the categories of pre-experience and post-experience programs. It is based on 18 criteria that include the percentage of students working on completion of the program, graduate salaries 3 years after graduation, the degree of internationalization of the school and its programs, the fulfillment of students’ expectations, the percentage of international faculty and students, the percentage of women faculty and students, the percentage of professors that hold doctorates, and research levels.

23
Aug

How to avoid the next financial bubble: IE Finance Masterclass

Written on August 23, 2013 by Dirk Hopfl in IE News

If you have invested in the stock market or worked at a public company from 1998 through 2012 you have experienced two large bubbles and the aftermath of their bursts. Bubbles can have long lasting and spectacular effects on businesses and individuals. Learning about these and other bubbles may help your firm better prepare for the next burst, which may include the ending of US quantitative easing and its impact on emerging market capital flows.

If you have suffered the consequences of financial bubbles at your job or personal life we would like to help you get prepared and invite you to learn how to prevent the negative consequences of future bubbles. Come and join us:

Date: August 28, 2013
Time: 1:00pm (Madrid time), 7pm (Singapore time)
Registration: IE event page

During this virtual Masterclass Prof Dr Kevin Spellman will highlight the following topics:
• List the steps to bubbles
• Describe the relationship of financial markets and bubbles
• Learn how government policies impact bubbles
• Analyze past and present bubbles

ABOUT THE SPEAKER

Since 1993, Dr. Kevin Spellman performed investment research and managed pension fund (State Teachers Retirement System of Ohio) and mutual fund (CUNA Mutual) assets using a variety of investment approaches. He is a consultant in asset pricing, behavioral finance, and quantitative investments, and worked for firms such as Accenture and ISI Group (top firm for macro/strategy). Since 2000, he has taught investments and various areas of finance and forensic accounting at universities in the US and Europe.

He is a director of a very rigorous Investment Management Certificate Program at the University of Wisconsin-Milwaukee, and is a professor and director of the Investment Game at IE Business School. He has a PhD in behavioral finance from Durham University (UK)(2009), MS Finance from University of Wisconsin-Madison (1994), BS Finance from the University of Wisconsin-Lacrosse (1992), and is a CFA charterholder (1997).

23
Jan

Is ethical banking possible?

Written on January 23, 2013 by Dirk Hopfl in IE News

The Saudi Spanish Center for Economics and Finance recently organized it’s Social Impact Finance Forum, to discuss the future of finance and alternative ways of funding. During that Forum academics, professional and finalists of the ‘What is out there’ competition explored whether a more ethical approach to banking is possible.

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The Saudi Spanish Center for Economics and Finance is a joint center formed by IE Business School and King Abdulaziz University.

8
Jan

Money is used to earn money – IE students in Ghana

Written on January 8, 2013 by Dirk Hopfl in IE News

Prof Marco Trombetta of IE Business School shares his recent executive development experience in Ghana.

Cape Coast, November 2012. In a hot room where computers share the space with solar power charged lamps, Master in Finance students at IE Business School are asking questions to Veronica Kitti CEO of Alternative Sets of Assistance (ASA) Initiative, a Micro Finance Institution (MFI) based in Cape Coast and operating in the Central Region of Ghana. Just the day before, we had spent the whole day travelling on a small 4×4 bus through dusty roads of Ghana in order to visit some of the clients of the ASA initiative. Why are we all in Ghana? Because we are involved with “Financieros sin Fronteras” (FsF – Financiers without Borders) an NGO founded in 2010 by a group of people linked to IE Business School in Madrid.

Check out the full  article HERE. And some more stories about the Ghana experience HERE.

7
Jan

Microfinance and the fight against poverty

Written on January 7, 2013 by Dirk Hopfl in IE News

IE Focus | By Maria Luque, Professor at IE Business School

Microfinance has proved to be a prime tool in the fight against poverty, but it is not enough to eradicate it once and for all.

Microfinance, namely the provision of financial services for people on low incomes, has taken giant strides since the 1970s. It provided financial services for some 200 million people in 2011 according to the Microcredit Summit Campaign, and now impacts the lives of around 1 billion.

Microfinance institutions face big challenges. One such challenge is the impact of the world economic crisis which began to show in 2008, and which, according to Deutsche Bank Research, has caused a deceleration in the growth of assets, a drop in profitability, and a greater risk for portfolios. Another is the excessive focus on profit and the accelerated growth of some institutions, without the necessary institutional capacities or control.   Even so, the microfinance industry continues to grow steadily and has demonstrated that in the right conditions it is a key tool in achieving the Millennium Development Goals (MDGs).

Until recently we focused on talking about microfinance as a tool that could lift people out of extreme poverty, promote production, and empower women, all of which are development Millennium Development Goals and indispensable factors to strengthen economic and social growth in developing countries. But growth and investment in assets are not the only things that access to financial services brings. Read more…

16
Dec

Musicians and Finance

Written on December 16, 2012 by Dirk Hopfl in IE News

How many musicians and film producers are studying a Master in Finance? This is what we mean when we say we have the most diverse students in every classroom. Meet the Master in Finance class at IE Business School!

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12
Dec

Reaching out to the top: QS Global 200

Written on December 12, 2012 by Dirk Hopfl in IE News

IE Business School ranks top 10 worldwide in all categories of this year QS Global 200 Business Schools Report.

This report focuses merely on the employability of MBA graduates by region and specialization asking more than 3,300 MBA recruiters. Focusing solely on employers’ views provide a reliable insight as to which business schools produce MBA graduates and alumni that are favored by recruiters. This is derived from employers’ votes as to which schools they prefer to recruit MBA graduates.

IE Business School was considered on the no. 4 spot in Europe, stepping up one position from last year, and in all categories IE was placed within the top 10:

Corporate Social Responsibility 5 (11 in 2011)
Entrepreneurship 4 (5)
Finance 8 (8)
Information Management 6 (6)
Innovation 7 (7)
International Management 6 (7)
Leadership 7 (10)
Marketing 6 (15)
Operations 6 (6)
Strategy 7 (9)

3
Dec

How to find alternative financing?

Written on December 3, 2012 by Dirk Hopfl in IE News

The Saudi Spanish Center for Economics and Finance recently organized it’s Social Impact Finance Forum, to discuss the future of finance and alternative ways of funding. It also served as the closing event for the What is Out There video competition.

The Saudi Spanish Center for Economics and Finance is a joint center formed by IE Business School and King Abdulaziz University.

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25
Oct

Spain: is there a light at the end of the tunnel?

Written on October 25, 2012 by Dirk Hopfl in IE News

IE Focus | By Francisco Lopez-Lubian, Professor at IE Business School

We will not start to pull out of the current crisis until investors regain their confidence in banks. That means restructuring not just assets, but also senior management.

The other day I was talking to a friend who knows I teach finance, and he asked me what I really thought about the current financial crisis and when it would be over. I asked him which kind of answer he preferred – the long or the short version.

My comments below are actually an attempt to provide something in between the two. Here goes:

  1. The liquidity problem facing finance entities, particularly in Spain, is a result of a lack of confidence in the solvency of said entities. This lack of confidence is more than justified, given that ever since the situation arose half way through last year, all the agents who have made announcements and promises related to cleaning up affected assets have systematically failed to deliver.
  2. In order for the finance system to start working again it is essential that confidence be restored, starting with the Spanish market. The technical solution that is set to be applied – the EU’s plan to recapitalize banks, is not guaranteed to reactivate the system, unless plans are drawn up to overhaul (or eliminate in some cases) the banks that partake in the bailout. The lack of coordination among the governments of EU countries is not helping to build the level of confidence that is essential to reactivate Europe’s finance markets. Every time an action plan is announced the loose ends that need tying up always get in the way. For example, those little details regarding who is going to finance what, for what reason, and when…
  3. In any case, in order to maintain levels of confidence in the mid and long-term, it will be necessary to establish supervision mechanisms that prevent the same situation from arising again, or at least make it less likely to happen.
  4. Perhaps part of the solution should be to focus on demanding that the information these markets provide be more transparent, not just with regard to activities and real profit (economic, risk-adjusted) but also in terms of remuneration systems   for administrators, the value they provide and how much their intermediation services cost, etc.

We all know that this crisis will not begin to show signs of easing until investors regain their confidence in banks. In other words, they need to feel that the banks have been sufficiently rationalized, and be able to see that banks are being run by a professional and reliable management team with a plan of action to make them profitable.

I think we are all aware that the current times will go down in history. All this talk of crisis, recession and recovery reminds me of something Ronald Reagan said in 1980 said when he was running against Jimmy Carter for president: “A recession is when your neighbor loses his job. A depression is when you lose yours. And recovery is when Jimmy Carter loses his.”

It may be necessary for many “Carters” to lose their jobs before the things start to get back to normal.

3
Jul

IE Business School has further consolidated its position as No. 2 school worldwide in finance according to the latest ranking of Masters in Finance published by Financial Times.

IE achieved this result for the second year running in the pre-experience category with its full-time English-taught Master in Finance, aimed at young professionals with an international profile. The student body of IE’s Master in Finance comprises 95% international students from 26 countries, with an average GMAT score of 680. They will complete the program at the end of this month to start work in international companies that include Morgan Stanley, Merril Lynch, Jefferies, Barclays Capital and Rothschild. The Master is the first program in Spain to be made a CFA (Chartered Financial Advisor) program partner, the leading international endorsement for financial analysts.

“The financial sector needs specialized profiles with an international focus,” says Ignacio de la Torre, Director of Masters in Finance at IE Business School. “IE’s finance programs equips students with this type of education, and our graduates go on to work in firms like Goldman Sachs, UBS, Morgan Stanley, Credit Suisse, and Nomura, and in emerging economies that offer enormous potential given the accelerated development of their capital markets”. Read more…

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