FS students win German CFA Institute Research Challenge

A team of five students of Frankfurt School of Finance & Management have won the sixth German CFA Institute Research Challenge on February 11, 2016. The yearly student competition aims to foster hands-on financial knowledge as well as intensive training for future analysts. During the competition, students from nine different German universities conducted a financial analysis of Carl Zeiss Meditec AG. The Frankfurt School team with Marijana Lasic, Patrick Altenried, Julian Debus, Nicolay Schmitt and Dominik Sperzel delivered the best analysis and do now have the chance to compete in the global finals, which will take place in Chicago in April. In addition they each receive a scholarship of 500 Euro for one of the Chartered Financial Analyst (CFA) tests.


The FS students are looking forward to the finals in Chicago: “We are happy to meet the other international teams,” says Marijana Lasic, who studies the Master of Finance at Frankfurt School. “It will be interesting to see whether the same principals of financial analysis are applied in different countries. The experiences offered by this challenge will definitely be valuable for our future jobs.”

The CFA Institute Research Challenge is an annual competition for students of finance organised by the CFA Institute, the global non-profit organization of investment professionals. In the eight years since the start of the competition, more than 15,000 students of more than 1,000 universities have taken part.

FS Master of Finance offers top chances for a job in financial services

The Master of Finance programme at Frankfurt School of Finance & Management offers excellent prerequisites for a career in the financial services. The online careers platform efinancialcareers analysed which German Master of Finance programme offers the best chances for a job in the financial services. The ranking is based on the platform's database of resumes of finance professionals with a Master of Finance degree from a German university. The ten most frequently named programmes were added up and compiled to show the percentages. Frankfurt School is on top of the list, followed by Goethe Business School and Goethe University, both in Frankfurt, rank second and third.

The high quality of Frankfurt School’s Master of Finance programme is also reflected by its position in the Financial Times global rankings, where it appears in 21st place.

Frankfurt School’s Master of Finance is a two-year programme, offering concentrations in Capital Markets, Corporate Finance, Risk Management and Financial Accounting & Advisory.

Frankfurt School Master of Finance ranked among top programmes for investment banking careers

The Master of Finance (MoF) offered by Frankfurt School of Finance & Management is ranked 27th in the eFinancialCareers league table of the “Top 30 Masters in Finance Degrees for Getting an Investment Banking Job”. To compile the list, eFinancialCareers – an online careers platform – analysed information drawn from an international database of 1.2 million resumes. The ranking is based on the proportion of Master students who secured a front-office investment banking job upon graduation, for example in corporate finance, capital markets, sales and trading or equity research. Frankfurt School is the only Germany university to feature in the Top 30 league table, alongside such internationally famous business schools as ESADE Business School in Barcelona, HEC Paris und MIT Sloan School of Management in the USA.

The excellence of Frankfurt School’s Master of Finance programme is also reflected by its position in the Financial Times global rankings, where it appears in 21st place.

Karin Reuschenbach-Coutinho, Head of Frankfurt School’s Career Services, explains: “Frankfurt School’s inclusion in the eFinancialCareers ranking demonstrates that a financial education at Frankfurt School meets the demanding standards of the best-known investment banks. Our annual Career Day, held in October, also reflects the interest shown in our graduates by investment banks; the event is regularly attended by representatives of Citi, Deutsche Bank, Goldman Sachs, JP Morgan, Barclays, Credit Suisse, UBS, BNP Paribas, HSBC, Nomura and Société Générale.”

Frankfurt School’s Master of Finance is a two-year programme, offering concentrations in Capital Markets, Corporate Finance, Risk Management and Financial Accounting & Advisory.

Frankfurt School again ranked No.1 in Germany in FT Global Masters in Finance Ranking

FS ranked No. 21 worldwide
Today, the Financial Times (FT) has published its „Financial Times Global Masters in Finance Pre-Experience Ranking 2015“. Frankfurt School’s Master of Finance (M.Sc.) is ranked no. 21. As in previous years, Frankfurt School is the only German university listed in this FT ranking. This position maintains the strong gains made in the last two years, and Frankfurt School has again performed very strongly in alumni salary and career success measurements. These results are based on responses from alumni who graduated three years ago.

"Since 2012, our Master of Finance is ranked in the FT ranking. I am delighted that we have again secured such a strong position”, says Professor Dr Udo Steffens, President of Frankfurt School. He added that the ranking documented the business school’s development as well as its graduates’ achievements. In particular, Frankfurt School has performed well in the ranking categories “Career Success” (up 6 places to no. 4), “Aims Achieved” (up 10 places to no.13) and “Placement Success” (up 5 places to no.17). All three of these categories were assessed directly from the FS Class of 2012 Master of Finance alumni’s feedback on their career performance since graduation and support provided in this area by FS Career Services.

Julia Knobbe, programme director Master of Finance at Frankfurt School, is quoted in the accompanying FT article.

Twining Programme

BSE Institute Ltd. has been awarded The Skoch Renaissance Award.

New Delhi, 20th November 2014: BSE Institute Ltd. has been awarded The Skoch Renaissance Award for the best projects in the country in the field of Vocational Education and Financial Literacy and conferred the Skoch Order-of-Merit during the 38th Skoch Summit on “Resurgent India, Competitive India” at the India Habitat Centre, New Delhi on the 20-21st November 2014.

The Skoch Renaissance Award is conferred upon corporates which demonstrate outstanding business leadership while simultaneously contributing to India’s socio-economic growth.

The Skoch Renaissance Award considers corporate entities that have contributed significantly to India’s growth through an exemplary, sustainable & balanced business performance. The organisation should have exhibited strong business leadership, a commitment to improving the sector they operate in by value creation for all stakeholders, business process and quality enhancement, skill development, employment generation and being a good corporate citizen.

BSE Institute signs MoU with two Australian Universities

Mumbai, 4th September 2014: MUMBAI: BSE Institute, the 100% subsidiary of the Bombay Stock Exchange has signed a Memorandum of Understanding (MoU) with two leading Australian universities, University of Western Sydney and Deakin University, Melbourne to offer collaborative programs.

As per the MOU between BSE Institute and University of Sydney, BSE institute will offer a dual degree, 2-years program. In association with Deakin University, students of BSE Institute can apply for a Master of Applied Finance program.

Both the programs are industry defined, structured so as to enable students to undergo and study part of the program at BSE Institute - Mumbai, Intern with corporates and then get transferred to respective Universities to complete the programs. The programme duration is for 2 years and BSE Institute students will get internship opportunities with the companies of the Australian financial markets as a part of the program.

Ambarish Datta, MD & CEO, BSE Institute said, "With the global integration of Financial Markets, students from India and Australia now have a tremendous opportunity to learn from each other. India is at the cusp of a golden period of growth and it is just the right time for students to learn global best practices from Australian Financial markets and participate in the Indian opportunities as well."

BSE Instiute Limited signed an MOU with the University of Western Sydney as an initiative towards introducing International courses and research linked programs.

Mumbai, 8th August 2014: The University of Western Sydney is a confirmed research leader in Australia. The excellence and depth of the University's research has been recognised all over. UWS is not sitting on its laurels though and is continuing to invest in areas of research strength, research facilities and high quality research education. The University encourages outstanding graduate researchers, innovative new generation researchers for various initiatives.

On the other hand, BSE Institute Limited has been the pioneer in developing capital market expertise in Asia Pacific, Africa and Middle East regions for past many years.

This collaboration will contribute towards building global level professionals to boost individual as well as economy growth.

Identifying how a Startup Innovates

Why do start-ups seem to have an easier time than established companies do in coming up with breakthrough innovations? Is it the people, the organizational structure or the culture?
More than anything else it is incumbents’ obsession with “incremental innovation,” say Professor Tony Davila of the Instituto de Estudios Superiores de la Empresa at the University of Navarra in Spain and Professor Marc J. Epstein of the Jones Graduate School of Business at Rice University in Houston in their new book, “The Innovation Paradox: Why Good Businesses Kill Breakthroughs and How They Can Change” (Berrett-Koehler, 2014).

When a company pursues incremental innovation, for example by increasing efficiency here and improving execution there, research-and-development investments actually can end up making companies less able to make breakthrough innovations. That is the innovation paradox.
Building on ideas put forward in their best-selling “Making Innovation Work: How to Manage It, Measure It and Profit from It” (Wharton School, 2006), Davila and Epstein step up to offer advice on how to foster different types of innovation both for times of staBSEity and for times of change.
“Incremental innovation delivers results as long as the industry structure remains stable,” the authors explain, “yet it can fail miserably when unexpected developments redefine an industry.”
The goal is to avoid being left behind, as were Nokia or Blackberry maker Research In Motion, as industries are transformed by paradigm-changing breakthroughs.
The problem is that many corporations fail to realize that there are different types of innovation, and that they require different management approaches.
At one end of the spectrum, incremental innovation usually means reducing costs and adding customers by gradually improving operations and products. Incremental innovation is about managing knowledge effectively.
At the other end of the spectrum, breakthrough innovation is about managing ignorance. Pursuing breakthroughs requires the handling of a high level of uncertainty to build products for markets that might not yet exist, markets such as space tourism, nanorobots or an ageless society. The organizational design that works well for improving operational excellence often gets in the way of the kind of breakthrough innovations that leaders seek in changing times.
Nonetheless, some established companies succeed in defying the innovation paradox. IBM, for instance, completely reinvented itself after facing near-certain death. Apple revolutionized the moBSEe-device market after having been dismissed as a relic of the past. Nespresso, part of the food giant Nestle, created a totally new market – coffee by the cup – that is now worth several BSElion dollars.
To help other incumbents defy the innovation paradox, the authors develop a new model called “the start-up corporation,” which identifies the fundamental traits of successful start-ups that large corporations should adopt to foster breakthrough innovation.

1. FOSTER INNOVATION AT ALL LEVELS.
People with breakthrough ideas are likely to be found at any level of a company. Effectively managing innovations that come from below the C-suite is crucial.

2. LOOK AND REACH OUTWARD.
Breakthrough innovations often come from collaborations with outsiders such as universities, suppliers or customers. Larger corporations usually have more valuable networks, but they need to better leverage those networks to make breakthroughs.

3. BE SUPPORTIVE AND CREATE A CULTURE OF DISCOVERY.
Learn from failures, rather than punishing them. Encourage employees to take calculated risks and to go after hard, high-potential challenges. Leaders of innovative organizations trust their people beyond what many would consider reasonable limits.
Granted, changing a corporate culture and an organizational model is not easy, especially for large incumbents set in their ways. Large incumbents bring their accumulated resources, their networks and their aBSEities to execute, however. As a model, the start-up corporation is designed to leverage incumbents’ strengths, adding start-ups’ agility to meet future challenges.
The alternative is to cling to a let’s-hope-my-industry-stays-the-same-forever strategy, which opens the door for new or more aggressive players to redefine the rules of the game – or start a new game altogether.
This article was originally posted on Economic Times

Launch of BSE Institute – Ryerson Digital Media Zone – An International Stint of Pride for BSE

Mumbai, 28th February 2014: BSE Institute Limited is proud to add a new heritage moment in the BSE Limited building! BSE Institute Ltd, Ryerson University and Ryerson Futures Inc. (RFI) from Toronto, Canada have brought forth BSEI-Ryerson Digital Media Zone - a new India-based Incubator for entrepreneurs to fast-track their startups and connect with mentors, customers and investors. The BSE-Ryerson Incubation Center is built on the lines of the Digital Media Zone, a unique model developed at Ryerson University that has attracted international attention. The Digital Media Zone at Ryerson University (DMZ) is one of Canada's largest incubators and multidisciplinary co-working spaces for young entrepreneurs. Infused with the energy and resources of downtown Toronto, this hub of digital media innovation, collaboration and commercialization is home to industry solution-providers in the domain of entrepreneurship development and professional development education.

The BSE-Ryerson Incubation Center (BRIC) will offer startups expert guidance and mentoring to refine their concept, help them get their business up and running and also connect them with investors for securing capital.

The inauguration was an extravagant two day event with a blend of both cultures. On Day 1 i.e. 26th February, 2014, BSE Institute Limited premises and employees wore the true Indian get up to give a colorful and fragrant cultural welcome to the guests from Canada. Broad smiles lit up the international faces with the presence of Paghdis, Indian musical instruments and the most special entry into the premises on a buggy ride. The day kick started with a traditional Indian Pooja performed to mark the beginning of the event in an auspicious style followed by exchange of smiles and thoughts amongst those present.

Day 2 i.e. 28th February, 2014 started following the BSE custom of opening bell ringing ceremony by His Excellency the Right Honourable David Johnston Governor General of Canada. The ceremony saw guests and dignitaries from varied parts of the industry rising together for National Anthems of both the nations and a wonderful food for thought by the guests of honor. Further to this, the formal ribbon cutting inauguration ceremony of the BSEI – Ryerson Digital Media Zone took place in the presence of Mr. Sheldon Levy – President & Vice Chancellor, Ryerson University; Mr. Matthew Saunders – President, Ryerson Futures Inc.; Mr. Ashish Kumar Chauhan – MD & CEO, BSE Limited and Mr. Ambarish Datta – MD & CEO, BSE Institute Limited. This was followed by a Panel Discussion event, an interesting way to put across the contributions in this venture to foster innovation and prosperity in both countries.

The aroma of co-operation and a strong fulfilling association was felt not just in the decorations across the BSE Institute Limited premises but also in the thoughts portrayed by dignitaries.

Mumbai, 21st January 2014: Simon Fraser University (SFU) a public research university in British Columbia, Canada ranked among the top universities in Canada signed an MOU to participate in the BSEI-Rye. Simon Fraser rson Incubation Center of Excellence (BRIC).

BRIC was set up some time ago to provide budding Indian entrepreneur’s with global aspirations a startup environment. BRIC has been designed on the lines of the Digital Media Zone and is housed in the BSE Institute premises in Mumbai.

The Simon Fraser University’s participation in BRIC is a major boost to the startup community in India. The Simon Fraser University has considerable experience in managing incubators and mentoring startups in various stages.

BSE Institute Ltd. and Ryerson University Announce BSEI-Ryerson Digital Media Zone

Mumbai, Maharashtra – Monday, July 29, 2013 - Today a groundbreaking Memorandum of Understanding (MOU) was signed between BSE Institute Ltd. (BSE), Ryerson University and Ryerson Futures Inc. (RFI) from Toronto, Canada. The document outlines a partnership to create BSEI-Ryerson Digital Media Zone, a new India-based incubator for entrepreneurs to fast-track their startups and connect with mentors, customers and investors. The collaboration between BSE, Ryerson and RFI lays the groundwork to help young entrepreneurs expand into both the Indian and Canadian markets and also touches on a broad spectrum of areas in the domain of entrepreneurship development and professional development education.

The signing ceremony was organized on July 29, 2013 at the BSE. Several dignitaries from the finance industry, academia and media were present to witness the launch.

BSE Institute’s CEO & MD, Mr. Ambarish Datta said, “Entrepreneurship and innovation are critical for the growth of any economy, as has been evidenced in the USA, Germany, Israel and many other countries around the world. Youth unemployment and underemployment is prevalent in India and needs to be addressed on a war footing. Setting up of new enterprises can contribute in a major way to address this issue. Apart from creating wealth and boosting the economy, new businesses also create significantly larger number of jobs than established ones. Hence we need to ensure that there are many new enterprises and they get the required support to succeed.

The BSE-Ryerson Incubation Center (BRIC) will offer startups expert guidance and mentoring to refine their concept, help them get their business up and running and also connect them with investors for securing capital.”

Mr. Sheldon Levy, President and Vice-Chancellor of Ryerson University, added: “This initiative is an important first step towards creating a new bridge between Canada and India that provides young entrepreneurs unprecedented international opportunities. As Canada’s university leader in entrepreneurship, we’re excited to contribute to this venture that will support innovation and prosperity in both countries.”

“The signing of today’s MOU enables us to forge networks of angel investors across Canada and India,” added Matt Saunders, President and Managing Director of Ryerson Futures Inc. “These initiatives will help increase the odds of success for early-stage start-ups while giving them access to new markets. We are proud to share our expertise towards this partnership that will strengthen India’s startup ecosystem and provide a boost for both countries’ economies.”

The BSE-Ryerson Incubation Center will be built on the lines of the Digital Media Zone, a unique model developed at Ryerson University that has attracted international attention. The Digital Media Zone at Ryerson University (DMZ) is one of Canada's largest incubators and multidisciplinary co-working spaces for young entrepreneurs. Infused with the energy and resources of downtown Toronto, this hub of digital media innovation, collaboration and commercialization is home to both startups and industry solution-providers. The DMZ leads the way in experiential learning and business success by creating a unique ecosystem of education and entrepreneurship. Emerging leaders’ fast-track their product launches and grow their companies in this supportive community by connecting with mentors, customers and each other. Since opening in April 2010, the DMZ has stimulated Canada's digital economy by incubating and accelerating 92 startups and launching 142 projects. For more information, visit www.ryerson.ca/dmz. For further information on the BSE Institute Ltd visit www.bsebti.com

The first initiative through the partnership between BSE, Ryerson University and RFI will be the launch of ‘The Next Big Idea’ competition. The competition seeks to discover India’s most innovative companies who are looking to use a presence in Ontario, Canada, as a vehicle to expand to North America. The winner will receive the opportunity to incubate their company for three weeks in the Digital Media Zone at Ryerson University (DMZ), including flights and hotels. Using the DMZ as a landing pad, the entrepreneurs will receive mentorship, business development advice and gain valuable international experience. The competition opens August 12 and closes August 30, 2013.

Visit of Vice President of the USA, Joseph R. Biden Jr. at BSE

Mumbai, 24th July 2013: Vice President Joe Biden on the U.S.-India Partnership in July 2013 visited the BSE Limited where he mentioned the launch of an annual dialogue between Indian & USA governments that covers everything from counter terrorism to higher education. He emphasized on the essentials to take the additional steps necessary to spur further growth and enhance influence of the Indian economy around the world, and in the process lift the whole world. Stating rightly that ‘There is no contradiction between strategic autonomy and a strategic partnership, Global powers are capable of both.’; Mr. Joe Biden stressed on deepening economic relationship to help accomplish overarching individual domestic goals of both economies.

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BSE Institute Limited in collaboration with Frankfurt School of Finance & Management had launched two years international program, MSc Finance.

BSE Institute, part of leading bourse BSE, has entered into a collaboration with Frankfurt School of Finance & Management for offering masters program in finance. The two year MSc Finance program, that offers an opportunity for students to study in India as well as Germany, would have four semesters. The programme would begin in September and admission forms have to be submitted by end of July, BSE Institute said in a statement today. While the first semester would be in Mumbai, the remaining ones would be taught at Frankfurt School of Finance & Management in Germany. "This programme gives the student a unique opportunity to gain an in-depth understanding of finance and a truly global perspective by learning and experiencing financial products, services and markets in Asian and European context," said Ambarish Datta, MD & CEO, BSE Institute. Students would also be eligible to apply for scholarships, that would pay for about 20 per cent of the total course fee. "MSc in Finance acknowledges and actively incorporates an international dimension towards the study of finance," said Udo Steffens, President and CEO, Frankfurt School of Finance & Management.