This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents the technique of Cornering, which is a type of market manipulation in financial markets. Introduction Cornering a market refers to the acquisition of a significant amount of an asset which gives the manipulator a controlling interest in … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents the portrait of David Ricardo, who is a well-known economist. Introduction David Ricardo, born in England in 1772, is one of the most well renowned economists of all times. He is famous for his contribution in the … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents the technique of spoofing, which is a type of market manipulation in financial markets. Definition Spoofing is a form of market manipulation in which a trader places a large order to buy or sell a financial asset … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022). presents the concept of market manipulation. Definition Market manipulation refers to a deliberate attempt made by a person or a group of people to artificially inflate or deflate the price of stocks, commodities or currencies, and hamper the … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) analyzes the movie Wall Street: Money Never Sleeps (2010) and explains the key financial concepts related to this movie. The Wall Street: Money Never Sleeps movie released in 2010 is an American financial drama film and a sequel … Read more
During my studies at ESSEC Business School, I had the chance to attend the SimTrade course. This course helped me to secure an internship as a risk manager at Bank Al-Maghrib (the central bank of Morocco) as I was asked during my interviews technical questions about financial markets that were covered during the course. In … Read more
Foreward A pervasive moral stigma follows the financial sector, which has a dogged reputation for unethical and illegal behaviour. However, the ethical lapses often associated with finance are not always intentional. Instead, a contributing factor is that the teaching of finance and other business disciplines presents the challenge of linking theories and conceptual models to … Read more
Foreward A pervasive moral stigma follows the financial sector, which has a dogged reputation for unethical and illegal behaviour. However, the ethical lapses often associated with finance are not always intentional. Instead, a contributing factor is that the teaching of finance and other business disciplines presents the challenge of linking theories and conceptual models to … Read more
Foreward A pervasive moral stigma follows the financial sector, which has a dogged reputation for unethical and illegal behaviour. However, the ethical lapses often associated with finance are not always intentional. Instead, a contributing factor is that the teaching of finance and other business disciplines presents the challenge of linking theories and conceptual models to … Read more
This article written by Marie POFF (ESSEC Business School, Global Bachelor of Business Administration, 2020) analyzes the Rogue trader film and explains the related financial concepts. Based on a true story, ‘Rogue Trader’ details how risky trades made by Nick Leeson, an employee of investment banking firm Barings Bank, lead to its insolvency. This film … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) analyzes the animals of finance used as metaphors. Financial markets are a common marketplace where trading of different securities (stocks, bonds, foreign currencies, derivatives, etc.) takes place between prospective buyers and sellers. They play a pivotal role in … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) analyzes the bankruptcy of Lehman Brothers (2008). Introduction A financial crisis refers to a situation in which financial assets in an economy experience a steep decline in their value triggered mainly by investor panic and irrational behavior resulting … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) analyzes Wall Street movie. Analysis of the Wall Street movie The Wall Street movie released in 1987 is an American drama film based on the life of a junior stockbroker aiming to work with a major Wall Street player in America. The … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) analyzes The Hummingbird Project movie. Analysis of the movie Also known as The Wall Street Project, the Canadian movie was released in 2018 featuring the evolution of high frequency trading and ultra-low latency direct market access (DMA) in … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) analyzes the Great Stock Market Crash of October 1987. Introduction A stock market crash refers to an abrupt drop in the prices of a major stock index, triggered by a drop in underlying stock prices, resulting from speculations, … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) analyzes The Rogue Trader movie and explains the related financial concepts. Rogue Trader (1999) is a British drama film depicting the life of Nick Leeson, a former derivate broker based out in Singapore. The story is inspired by real-life … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) analyzes Boiler Room movie. Boiler Room (2000) is an American drama movie based on financial crimes that take place through various stock brokerage houses across the globe. As defined by U.S. Securities and Exchange Commission (SEC), “the name … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) analyzes the Big Short movie. Founded in 1762 by a British born man named Francis Baring, Barings Bank was the second oldest merchant banks in the entire world with some of the most popular names on their client … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) analyzes The Big Short movie. The Big Short (2015) is an American financial drama film based on the famous book “The Big Short: Inside the Doomsday Machine by Michael Lewis” portraying how few financial industry professionals predicted the … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents a portrait of George Soros: a famous investor who broke the Bank of England in 1992. “I’m only rich because I know when I’m wrong.” – George Soros Pondering upon the above quote makes me realize that … Read more