My experience as a financial analyst at CASIM In this article, Liangyao TANG (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2021-2022) discusses the valuation methodologies in private equity and venture capitals based on her experience at the CAS Investment Management Co., Ltd. CASIM Chinese Academy of Sciences Holdings Co., Ltd., … Read more
In this article, Jayati WALIA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) introduces the concept of Stress testing used by financial institutions to estimate the impact of extraordinary market conditions characterized by a high level of volatility like stock market crashes. Introduction Asset price movements in financial markets are based on … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents the strategies of straddle and strangle based on options. Introduction In financial markets, hedging is implemented by investors to minimize the risk exposure and maximize the returns for any investment in securities. While hedging does not necessarily … Read more
In this article, Suyue MA (ESSEC Business School, Global Bachelor of Business Administration, 2017-2021) analyzes the synergy-based theories for M&As. This article is structured as follows: I will first share with my professional experience. I will introduce the concepts of M&A and a brief analysis of past M&A market activity. We then expose the different … Read more
This article written by Akshit GUPTA (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) presents the different option spreads used to hedge a position in financial markets. Introduction In financial markets, hedging is implemented by investors to minimize the risk exposure for any investment in securities. While hedging does not necessarily eliminate … Read more
In this article, Maite CARNICERO MARTINEZ (ESSEC Business School, Global Bachelor of Business Administration, 2021-2022, exchange student from the University of Salamanca) explains how to compute the net present value of an investment in Excel. When the time comes that one must choose what project to embark on, there are several measures to compare the … Read more
In this article, Youssef LOURAOUI (Bayes Business School, MSc. Energy, Trade & Finance, 2021-2022) elaborates on the concept of passive investing. This article will offer a concise summary of the academic literature on passive investment. After that, we’ll discuss the fundamental principles of passive investment. The article will finish by establishing a link between passive … Read more
In this article, Youssef LOURAOUI (Bayes Business School, MSc. Energy, Trade & Finance, 2021-2022) explains the concept of beta, one of the most fundamental concepts in the financial industry, which is heavily used in asset management to assess the risk of assets and portfolios. This article is structured as follows: we introduce the concept of … Read more
In this article, Youssef LOURAOUI (Bayes Business School, MSc. Energy, Trade & Finance, 2021-2022) elaborates on the concept of alpha, one of the fundamental parameters for portfolio performance measure. This article is structured as follows: we introduce the concept of alpha in asset management. Next, we present some interesting academic findings on the alpha. We … Read more
In this article, Youssef LOURAOUI (Bayes Business School, MSc. Energy, Trade & Finance, 2021-2022) presents the Security Market Line (SML), a key concept in asset pricing derived from the Capital Asset Pricing Model (CAPM). This article is structured as follows: we first introduce the concept of Security Market Line (SML). We then present the mathematical … Read more
In this article, Youssef LOURAOUI (Bayes Business School, MSc. Energy, Trade & Finance, 2021-2022) presents the Capital Market Line (CML), a key concept in asset pricing derived from the Capital Asset Pricing Model (CAPM). This article is structured as follows: we first introduce the concept. We then illustrate how to estimate the capital market line … Read more
In this article, Youssef LOURAOUI (Bayes Business School, MSc. Energy, Trade & Finance, 2021-2022) elaborates on the concept of active investing, which is a core investment strategy that relies heavily on market timing and stock picking as the two main drivers of financial performance. This article is structured as follows: we introduce the concept of … Read more
The IRR function in Excel In this article, Léopoldine FOUQUES (ESSEC Business School, Global Bachelor of Business Administration, 2017-2021) presents the IRR function in Excel to compute the internal rate of return of a series of cash flows. About Excel Excel is by far the most used financial modeling tool across the world to build … Read more
Jeremy PAULEN In this article, Jérémy PAULEN (ESSEC Business School, Global Bachelor of Business Administration, 2019-2023) explains everything about the IRR function in Excel, which is used to compute the internal rate of return of a series of cash flow to evaluate the financial performance of an investment in relative terms. What is the IRR? … Read more
Technical Analysis In this article, Shruti Chand (ESSEC Business School, Master in Management, 2020-2022) elaborates on the concept of technical analysis. This read will help you get started with understanding technical analysis and how it is practiced in today’s world. What is technical analysis? Technical analysis is a tool used to predict future price movements and trends of security. This … Read more
My experience of Account Manager in the office real estate market in Paris In this article, Clément KEFALAS (ESSEC Business School, Global Bachelor of Business Administration, 2021) shares his working experience as an Account Manager at Ubiq. Ubiq: A company disrupting the market Ubiq was founded in 2012. At that time, it was known as … Read more
A New Angle in M&A E-Commerce In this article, Antoine PERUSAT (ESSEC Business School, Global Bachelor of Business Administration, 2019-2023) shares his working experience as an M&A Analyst at a start-Up. The Company Last summer, I worked for two months in London at a company specializing in Venture Capital (VC) of digital assets in the … Read more
The Warren Buffett Indicator In this article, Youssef EL QAMCAOUI (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2020-2021) discusses the Warren Buffett Indicator. It is no secret that stock prices are all-time highs and people have been asking the important question: are we in a stock market bubble? According to … Read more
In this article, Youssef LOURAOUI (ESSEC Business School, Global Bachelor of Business Administration, 2017-2021) presents the MSCI Factor Indexes. MSCI is one of the most prominent actors in the indexing business, with approximately 236 billion dollars in assets benchmarked to the MSCI factor indexes. The structure of this post is as follows: we begin by … Read more
In this article, Anant JAIN (ESSEC Business School, Grande Ecole Program – Master in Management, 2019-2022) talks about Carbon Disclosure Rating. Introduction Carbon disclosure rating (CDR) is a medium to measure the environment sustainability of a company. It is calculated based on the voluntarily disclosure by a company itself. This rating is useful for an … Read more
