THE BUSINESS SCHOOL FOR FINANCIAL MARKETS the. insider

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1 THE BUSINESS SCHOOL FOR FINANCIAL MARKETS the insider 2010

2 Champagne and celebration at the ICMA Centre We hope that Vetiva s undertaking to recognise and modestly reward excellence will be a contributing factor in motivating individuals to reach within and bring out the very best that they have on the inside. Dr Olaolu Mudasiru Pictured from left to right: Professor John Board, Olayemi Olukayode, Dr Adrian Bell

3 Champagne and smiles were certainly not in short supply at the ICMA Centre when over 200 students celebrated their achievements at a reception held at the Centre prior to the Graduation Ceremony in the Great Hall. With record student numbers this year the students did not disappoint with results. The Centre was spoilt for choice in awarding its annual MSc and BSc Academic Achievement Awards. Due to the outstanding achievement of the MSc students, three shared the achievement prize receiving 250 each: Xi Chen, Mary Jane Chiong and Indrajeet Mohite. The BSc Class of 2010 also delivered a wealth of high achievers with a third achieving Firsts, and the prize of 500 went to Anthony Beevers who graduated top of the class. Awards didn t stop there, the annual Vetiva Prize for Best Graduating African Student was bestowed on MSc student, Olayemi Olukayode. The 1000 prize was established by one of the ICMA Centre s alumni, Dr Olaolu Mudasiru, who is now Deputy Managing Director of Vetiva Capital Management Limited in Nigeria. Dr Musasiru, said of the prize: We hope that Vetiva s undertaking to recognise and modestly reward excellence will be a contributing factor in motivating individuals to reach within and bring out the very best that they have on the inside. Mr Olukayode had even more reason to smile when it was announced that a job offer came along with the prize this year. the insider 03

4 The ICMA Centre launches new Portfolio Simulation Platform MSc and BSc students at the ICMA Centre that take the portfolio management course are involved in an assessed group project where they have to build and evaluate a hypothetical portfolio with securities of their choice using real time data. The new web-based ICMA Centre portfolio simulation platform that has been developed by StockTrak Inc and customised by Dr George Alexandridis allows students to trade securities in most major markets around the world in real time and build and manage large portfolios. Dr George Alexandridis, Lecturer in Finance at the ICMA Centre said: Our custom made portfolio simulation platform and other simulations used in the Centre can really help us bridge the gap between theory and practice and progress the students learning experience to a higher level. Students can apply the tools they learn in the class and improve their investment skills. It is very much like a real online trading platform, which not only allows students to get some hands-on experience but also ignites a spirit of competition in the classroom. Moreover, it helps improve students investment awareness and potential in securing better jobs after graduation. The ICMA Centre is one of the very few Business Schools in the UK that have adopted similar portfolio simulation platforms that are becoming an essential training tool in business and finance education. The ICMA Centre is a top European school in international financial trading competition

5 Being in the trading pit during the quantitative outcry session and trading against 87 people from top schools, some of them with significant trading experience, was like being thrown into a pool of sharks. Dimitris Korovilas The ICMA Centre has once again proved that it is one of the top finance schools in the world when it came joint fourth out of a field of 44 international schools in the 2010 Rotman International Trading Competition held at the Rotman School of Management, University of Toronto. This result is in line with the ICMA Centre s track record of finishing in the top 10, and usually top 5, in all previous Rotman competitions. The team of four traders Ioannis Oikonomou, Dimitris Korovilas, Aditya Pandit and Juan Cepeda Murcia beat a veritable whose who of finance schools to take joint fourth place. Top place went to MIT, the closest European university was Luiss University, which came 30th, and the next UK school was CASS Business School, which was ranked in 33rd place. As recent events in world markets have shown only too clearly, skill and competence in trading and analysis are critical both to success and to survival in modern markets. This result shows that our graduates are among the best in the world and that the time and effort invested in our dealing rooms and our trading simulation software (ICTrader) was well spent to the benefit of us and future members of the finance professions, said Dr Michael Smith dealing room director at the ICMA Centre. Making it to the top of the competition requires a very diverse set of skills. One has to be numerical enough to create the appropriate pricing models, and strategic enough to find the most efficient ways to trade, commented Ioannis. Also launched this year: ICTrader ICTrader, developed in partnership with 7city, is one of the most sophisticated trading simulations available in the market. With a wealth of trader performance statistics to back up the high intensity dealing, traders really feel as though they are actually on a trading desk. Covering a range of markets from spot foreign exchange to single stock multiple strike equity options, ICTrader allows you to truly immerse yourself in the world of dealing. For more information visit the insider 05

6 ICMA Centre is praised by University Professor Carol Alexander and Mrs Kim Mountford have received School Awards for Outstanding Contributions to Learning and Teaching 2009/10. These prizes are awarded annually by the University of Reading and reflect recognition by both students and colleagues of the valuable input made by staff at the University. Professor Alexander, whose modules on the ICMA Centre s MSc programmes are consistently rated at close to 100% satisfaction by our students, commented: My colleague s esteem really matters to me this is a major benefit of the award. Kim Mountford, whose empathy and understanding is widely appreciated by the students during the admissions process, says of the award: I feel a great sense of enjoyment from supporting the students through the application process and I am thrilled and delighted to be chosen for this award. The aim of this awards scheme is to recognise and reward individuals who have made significant, ongoing contributions to teaching and learning, either through direct interactions with students or through their support of teaching staff within the School. Dr Adrian Bell, School Director of Teaching and Learning, said: At the ICMA Centre, we view each stage of the journey as equally important from applicant to alumni and these awards reflect this. Pictured from left to right: Mrs Kim Mountford, Professor Carol Alexander.

7 This is excellent news both for Adrian and for the Centre. It is very well deserved and recognizes the significant contribution Adrian has made to the development of the Centre. Professor John Board the insider 07 Dr Adrian Bell promoted to professor We are proud to announce that our very own Dr Adrian Bell will be promoted to Professor on 1st October this year. Dr Bell who has been with the Centre since 1994 has been instrumental in the development of both the undergraduate and postgraduate programmes in his role as School Director of Teaching and Learning. He also, developed the distance-learning MSc programme in 2003 with the Centre s new media solutions manager the first distance learning Masters in Finance degrees in the UK delivering using e-lectures. Professor John Board, director of the Centre commented: This is excellent news both for Adrian and for the Centre. It is very well deserved and recognizes the significant contribution Adrian has made to the development of the Centre.

8 The ICMA Centre announces launch of its Advanced Diploma in Investment Compliance The ICMA Centre and the Chartered Institute for Securities and Investment (CISI) have announced the most comprehensive programme for compliance professionals currently available in the financial markets the Advanced Diploma in Investment Compliance. The new programme builds on the success of the Diploma in Capital Markets, Regulation and Compliance launched in 2006 by the University of Reading and FINRA, by embedding the most successful UK industry qualification the CISI Diploma in Investment Compliance within an enhanced training programme for compliance professionals. For more information visit The merging of these qualifications will lead to a cleaner and better defined route to the professional certification and demonstration of competence that is so much in demand following the financial crisis. Professor John Board Director, ICMA Centre

9 ICMA Centre executive education contributes to Henley Business School Financial Times Ranking the insider 09 Henley Business School s position as a world-ranked provider of executive education has been confirmed by the results of the Financial Times Executive Education Ranking published in May This is the first year that the ICMA Centre has contributed to the Business School s entry. Ranking 33rd worldwide in a composite ranking for open and custom executive education programmes, the overall results of this survey reflect the efforts and success of Henley Business School following the merger in The School of Management s business and leadership programmes are complemented by the ICMA Centre s finance executive education programmes. John Board, Director of the ICMA Centre commented: The merger with Henley has enabled us to work together on new and innovative executive programmes by combining the expertise of the schools within the Faculty. The main area of strength is the international focus international clients, international participants and international delivery across Europe, Sub Saharan Africa, the Middle East and South East Asia. Henley is ranked 15th in the world for breadth and depth of international clients in the custom programmes. The ICMA Centre has long offered a comprehensive range of custom programmes for international institutions such as the Bank of China, KSDA (Korean Securities Dealers Association) and the Qatar Stock Exchange. To view the full results for the FT Executive Education Rankings 2010 visit: businesseducation/executiveeducation2010

10 Coming up for 2011 New finance themed Executive MBA Henley Executive MBA applicants can from 2011 choose to take advantage of the exceptional scope of expertise across Henley Business School through a range of newly launched themed MBAs. These themed MBAs are designed for experienced, practising managers who are looking for a world renowned general management MBA but with a particular application to three different industries Corporate Finance, Construction Management and Real Estate. The ICMA Centre will deliver the Corporate Finance themed MBA. Participants will study as part of the executive MBA programme following the core curriculum whilst periodically studying tailored modules bespoke to their subject theme at appropriate points in time. The Henley Executive MBA is a two year part-time programme aimed at aspiring senior managers who wish to develop their management competency as well as focus on their own personal development, alongside their full-time employment. For more information visit corporate-finance-themed-mba

11 New MSc the insider 11 The ICMA Centre is pleased to announce its new MSc in International Shipping and Finance* which has been developed in partnership with ALBA Graduate Business School in Athens, Greece and has strong support from the international shipping community. The nine month programme which will be available from 2011 will be studied at the ICMA Centre and at ALBA, giving students the benefit of both organisation s specialisms. The degree is designed to offer expertise in mainstream finance, shipping finance and general shipping. Students will benefit from world-renowned faculty, distinguished guest speakers, hands-on sessions, bespoke simulations, specialised workshops and careers events. They also have the opportunity to spend two months in Greece, a country with long-standing tradition in shipping and one of the largest maritime clusters in the world. The MSc International Shipping and Finance students will be eligible for internships with major shipping companies, highly valuable in the current economic environment. For more information visit *Subject to approval by the University of Reading

12 Our Degrees BSc Finance and Investment Banking MSc Capital Markets, Regulation and Compliance MSc Corporate Finance MSc Finance and Real Estate MSc Financial Engineering MSc Financial Risk Management MSc International Securities, Investment and Banking MSc International Shipping and Finance (Subject to approval by the University of Reading) MSc Investment Banking and Islamic Finance MSc Investment Management Corporate Finance Executive MBA with Henley Business School Designed by goode.co.uk Our Executive Education Advanced Diploma in Investment Compliance Financial Market Foundation Certificate (FMFC) Securities Operations Foundation Course (SOFC) International Fixed Income and Derivatives (IFID) Certificate Operations Certificate Programme (OCP) Primary Market Certificate (PMC) PRM Professional Risk Manager Certification Programme Senior Executive Programme Trading Certificate Tailored Training Programmes Open Days BSc Taster Day: 02 October 2010 MSc Open Afternoon: 24 November 2010 MSc Open Afternoon: 23 March 2011 MSc Open Afternoon: 06 July 2011 ICMA Centre, Henley Business School, Whiteknights, Reading, RG6 6BA, UK T: +44 (0) F: +44 (0) E: The ICMA Centre is supported by the International Capital Market Association, the trade association and market regulator for member organisations active in the global securities market.