In this article, Clara COMBELLES (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2021-2025) shares her professional experience as a Middle Office analyst at Amundi, Europe’s leading asset manager. About the company Amundi is the largest asset manager in Europe and among the top ten worldwide. Created in 2010 through the merger of Crédit … Read more
In this article, SHIU Lang Chin (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2024-2026) explains the “lemming effect” in financial markets, inspired by the animated movie Zootopia. About the concept The “lemming effect” refers to situations where individuals follow the crowd unthinkingly, just as lemmings are believed to follow one another off a … Read more
In this article, SHIU Lang Chin (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2024-2026) explains the time value of money, a simple but fundamental concept used in all areas of finance. Overview of the time value of money The time value of money (TVM) is the idea that one euro today is worth … Read more
In this article, Emmanuel CYROT (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2021-2026) introduces the ELTIF 2.0 Evergreen Fund. Introduction The asset management industry is pivoting to democratize private market access for the wealth segment. We are moving from the rigid Capital Commitment Model (the classic “blind pool” private equity structure) to the … Read more
In this article, Zineb ARAQI (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2021-2025) shares her experience as an apprentice at Capgemini Invent within the Data & AI practice for Financial Services, where she contributed to major digital transformation programs across global banking institutions. About the company Capgemini Invent is the digital innovation, design … Read more
Financial markets are filled with stories of bubbles, crashes, and periods of extreme optimism or pessimism. Yet human nature remains surprisingly constant, as we are prone to believe that “this time is different.” Sir John Templeton’s famous quote reminds investors that historical patterns, lessons, and cautionary tales are often ignored in the face of conviction, … Read more
In this article, Iris ORHAND (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2021-2026) shares her professional experience as an Executive Assistant in Internal Audit (Inspection Générale) at Bpifrance (January – December 2025). About the company Bpifrance is France’s public investment bank, created in 2012 through the merger of several state-backed institutions, and today … Read more
In this article, Emmanuel CYROT (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2021-2026) shares his professional experience as Junior Consultant in Marketing & Finance Studies at Eres Gestion. About the company Eres Gestion is a leading independent player in the French employee savings (épargne salariale) and retirement savings (épargne retraite) markets. The company … Read more
In this article, Emanuele BAROLI (MiF 2025–2027, ESSEC Business School) examines how shifts in interest rates shape the M&A market, outlining how deal structures differ when central banks raise versus cut rates. Context and objective The purpose is to explain what interest rates are, how they interact with inflation and liquidity, and how these variables … Read more
In this article, Emanuele BAROLI (ESSEC Business School, Master in Finance (MiF), 2025–2027) explains how to draft an M&A Information Memorandum, translating sell-side investment-banking practice into a clear, evidence-based guide that buyers can use to progress from interest to a defensible bid. What is an Info Memo An information memorandum is a confidential, evidence-based sales … Read more
In financial markets, everyone wants to be right. The temptation to make accurate predictions, about earnings, interest rates, recessions, or stock prices, is universal. But as George Soros reminds us, accuracy alone is meaningless. What truly matters is how much you profit when you’re right, and how much you lose when you’re wrong. This quote … Read more
In this article, Zineb ARAQI (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2021-2025) shares her professional experience as a Summer Intern at Bloomberg LP within the Sales & Analytics department About the company Bloomberg L.P. is a leading global provider of financial data, analytics, media and software services. The firm was co-founded on … Read more
In this article, Ian DI MUZIO (ESSEC Business School, Master in Finance (MiF), 2025–2027) shares his professional experience as an In-House M&A Intern within the Corporate Development team at ISTA Italia in Milan (May–July 2025). Introduction Joining ISTA Italia placed me at the intersection of energy efficiency, smart metering, and consolidation strategy in a sector … Read more
In this article, Roberto RESTELLI (ESSEC Business School, Master in Finance (MiF), 2025–2026) explains how he founded BCapital Fund at Bocconi University—a student‑run, global‑equity investment student association—and what it taught him about markets, leadership, and teamwork. Founding BCapital Fund (2022) During my final semester at Bocconi University in Milan in 2022, driven by passion for … Read more
In this article, Emanuele BAROLI (ESSEC Business School, Master in Finance (MiF), 2025–2027) explains how to value Aerospace & Defence (A&D) companies by combining the right multiples with a clear view of backlog quality and contract risk. The aim is a practical lens you can apply to comps (comparables), models, and deal work. What “Aerospace … Read more
Add Post In this article, Tianyi WANG (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2022-2026) shares her professional experience as an Analyst Assistant at China Bond Rating in Beijing. About the company China Bond Rating Co., Ltd. (CBR), established in 2010 with a registered capital of RMB 50 million, has grown into one … Read more
In this article, Tianyi WANG (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2022-2026) shares her professional experience as a Financial Analysis Assistant at a leading securities firm in China. About the company The securities company where I completed my internship is one of China’s leading investment banks and brokerage firms. Founded in 2005, … Read more
In this article, Nicolas SCHULZ-SEMBTEN (ESSEC Business School, Global Bachelor in Business Administration (GBBA), Exchange semester 2025) shares his professional experience as an apprentice and working student in Infrastructure Investment Inhouse Consulting at Munich Re. About the company Munich Re is one of the world’s leading reinsurance groups, headquartered in Munich, Germany. With around 44,000 … Read more
In this article, Roberto RESTELLI (ESSEC Business School, Master in Finance (MiF), 2025–2026) shares key takeaways from a four‑month off‑cycle internship as an Investment Analyst Intern at Valori Asset Management, focusing on subordinated debt within the Fixed Income team. Introduction Before starting my Master in Finance at ESSEC Business School, I completed a four‑month off‑cycle … Read more
In this article, Hadrien Puche (ESSEC, Grande École, Master in Management, 2023–2027) comments on Jesse Livermore’s timeless quote and explores its relevance for modern investors and students seeking to understand market psychology. About Jesse Livermore Jesse Livermore (1877–1940) was one of Wall Street’s first great speculators, a man who understood the rhythm of markets long … Read more
