In this article, Raphaël ROERO DE CORTANZE (ESSEC Business School, Master in Management, 2018-2022) shares his experience as a Corporate M&A Intern. My internship at Scor In 2020 as an intern, I had the opportunity to join the M&A Team of the French Reinsurer “SCOR” for 6 months. As this internship allowed me to develop … Read more
In this article, Tanmay DAGA (ESSEC Business School, Global Bachelor of Business Administration, 2017-2021) introduces equity research, shares his internship experience at a top sell-side equity research company named Kotak Securities and gives his opinions on what the future holds for the industry. About Kotak Securities Kotak Securities was founded in 1994 as a subsidiary … Read more
In this article, Bijal GANDHI (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) elaborates on the concept of leading and lagging indicators. This reading will help you understand in detail the meaning of the leading and lagging indicators. Leading indicators Indicators that precede economic events and help predict the direction of an … Read more
This article written by Akshit GUPTA (ESSEC Business School, Master in Management, 2019-2022) presents the job description of an Economist. Introduction Economists are finance professionals who study and examine market activities in different geographical zones, economic sectors, and industries. They are primarily hired by commercial and investment banks, asset management firms, rating agencies, consultancy firms, central … Read more
In this article, Qiuyi Xu (ESSEC Business School, Global Bachelor of Business Administration, 2019-2021) shares her experience as an intern in a securities company in China. Interested in finance, I took the SimTrade course during my study at ESSEC Business School. This course helped me gain knowledge about financial markets as well as served to … Read more
In this article, Bijal Gandhi (ESSEC Business School, Master in Management, 2019-2022) talks about the organization of the equity markets in the U.S. Give this article a read, if you wish to know more about the market participants, intermediaries, and the products in this segment. Financial markets in the U.S. account for 46% of the … Read more
This article written by Akshit GUPTA (ESSEC Business School, Master in Management, 2019-2022) presents the real life case of the Eurozone Crisis 2011. Introduction The Eurozone Crisis, also called the European sovereign debt crisis, took place between 2010 and 2012 when several European countries faced an unmanageable increase in their sovereign debts, fall of their … Read more
This article written by Louis Viallard (ESSEC Business School, Master in Management – Economic Tracks, 2020-2022) presents the basics of a fraudulent financial scheme: the Ponzi scheme. The famous and recent Madoff Affaire is used to illustrate this financial fraud. In the Letter 142 of The Persian Letters, Montesquieu tells us the mythological tale of … Read more
In this article, Youssef LOURAOUI (ESSEC Business School, Global Bachelor of Business Administration, 2016-2020) talks about his research conducted in the field of investing. As a way of introduction, ETFs have been captivating investors’ attention in the last 20 years since their creation. This financial innovation has shaped how investors place their capital. Definition An … Read more
This article written by Juan Francisco Rodriguez Rodriguez (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2021) presents the basics of markets and details two types of market microstructure: the fixing procedure and the limit order book. What is a market? The market is a process that operates when there are … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents the concept of quote stuffing which is a type of market manipulation practice seen across financial markets. Introduction Quote Stuffing is the practice of entering huge number of buy or sell orders for a security within a … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2021-2023) presents the structure and functioning of Securities and Exchange Commission (SEC). Introduction The Securities and Exchange Commission (SEC) is a federal agency responsible for overseeing and administering the financial market’s laws and regulations in United States of America. It … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents the regulations that exist in financial markets. Definition of financial regulation Financial regulation is a type of regulations or laws that help in maintaining the stability, integrity and transparency of the financial system of a country by … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents the structure and functioning of Autorité des Marchés Financiers (AMF). Introduction The Autorité des Marchés Financiers (AMF) is an independent financial institution and administrative authority which possesses regulatory powers over the financial and banking industry in France. … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents the job description of a Trader. Definition Trading in financial markets refers to the buying and selling of financial assets (stocks, bonds, currencies, commodities, etc.) in order to make money from capital gains that result from the … Read more
In this post I share with you the pedagogical philosophy of SimTrade: freedom to learn. Freedom to learn In the SimTrade Certificate, participants have freedom to learn the way they would like. Contrary to traditional courses in the classroom, there is no specific time and no specific space to learn in SimTrade. In other … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents the technique of High Close, which is a type of market manipulation in financial markets. Definition High close is a form of market manipulation where manipulators send market orders to buy small quantities of financial assets just … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents the real life case of the Corner of Volkswagen, which is a very infamous example of market manipulation in financial markets. Introduction Cornering refers to the attempt of manipulating the market by acquiring a significant portion of … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents the job description of a Financial Analyst. Introduction A financial analyst is an individual who is responsible for making financial and investment decisions for a company. The work involves a broad area of expertise and a financial … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) describes the job of a Market Maker. Definition A market maker is a market participant in the financial markets that simultaneously buys and sells quantities of any particular asset by posting limit orders. The market maker posts limit … Read more