Every Thing You Wanted to Know About IES FSV UK But Were Afraid to Ask

Every Thing You Wanted to Know About IES FSV UK But Were Afraid to Ask

Martin Gregor

Institute of Economic Studies Faculty of Social Sciences, Charles University

February 6, 2018

Our school is . . .

I Quantitative

I the most rigorous degrees in Economics and Finance in CZ+SK

I a tough core sequence beginning with 4 courses of Mathematics taught by Department of Mathematical Analysis at Charles University

I key local partners: Faculty of Mathematics and Physics, Academy of Science, CERGE-EI

I International

I 68 % of Bachelor courses in English

I 88 % of Master courses in English

I 84 % of Bachelor theses written in English

I 98 % of Master theses written in English

I 57 Erasmus+ exchange agreements

I a plenty of study opportunities in Asia, Australia, and the United States

I 139 incoming students, including non-EU exchange students: Australia, Canada, China, Japan, Mexico, Mongolia, New Zealand, United States

I 100 non-exchange international students

Our school is . . .

I Hub of talent

I 651 regular (non-exchange) students in total

I 90 Bachelors, 75 Masters and 4 PhDs graduate each year

I many extracurricular opportunities, e.g., internships, mentoring, thesis competitions, and team competitions

I easy transfers into Masters: Oxford, Cambridge, LSE, UCL, Warwick, Zurich, St.

Gallen, Stockholm, Lausanne, Basel, Paris I, Amsterdam, Tilburg, Rotterdam, Bonn, Bologna, Utrecht, Peking

I transfers into graduate programs: PhD at LSE, Chicago, Cornell, Cambridge, Princeton

I later also top MBAs: Harvard Business School, London Business School, Columbia Business School, Kellogg School of Management

Admission

I Our single criterion is a combined SCIO MAT+OSP score.

I MAT 60% + OSP 40%

I In 2018, we expect to set the entry level for the combined score at around 75.

I SCIO OSP can be replaced by SAT Reasoning Test or ACT Composite.

I SCIO MAT can be replaced by SAT Subject Test.

I Why SCIO exams for the Bachelor program?

I SCIO is easily accessible in CZ and SK.

I SCIO gives a fair chance to re-take the exam (5x OSP, 4x MAT).

General aptitude and admission probability

Mathematics and admission probability

Admission

I How to avoid an entry exam?

I 90+ percentile in SCIO MAT

I Top 3 in the regional round of ’Math Olympics’ (next year, Top 5)

I 60+ percentile in SCIO MAT and Advanced Placement Microeconomics, grade 4+

I 60+ percentile in SCIO MAT and Advanced Placement Macroeconomics, grade 4+

I 60+ percentile in SCIO MAT and IB Economics Higher Level, grade 6+

I 60+ percentile in SCIO MAT and IB Economics Standard Level, grade 7

Quality over quantity

I Course evaluations (range 0–5)

I We closely track the quality of teaching, and improve courses based on students’

comments and suggestions.

I Viktor Feedback

I We also collect anonymous feedback from our student’s club.

I For details, see: IES>For students>Useful information>FAQ. (Czech version)

Improving courses

I Introduced in 2014–2017:

I Academic English I, II

I Applied Microeconometrics

I Bank Asset and Liability Management

I Data Analysis in R

I Economic History

I Economics of Innovation

I Energy Markets and Economics

I Private Equity

I Topics in Industrial Organization

I Topics in Macroeconomics

I Visiting professors in 2018:

I Introduction to Market Design (Jakub Kastl, Princeton)

I Financial Crisis and Risk Management (Dimitrios Tsomocos, Oxford)

I Cambridge Lectures in Economic History (Amy Erickson, Cambridge)

I Quantitative Multivariate Finance (Martin Burda, University of Toronto)

I Introduction to Urban Economics (Jan Brueckner, University of California Irvine)

I Traditional and Alternative Risk Transfer in the Insurance Sector (Maurizio Pompella, University of Siena)

Renowned economists

I Many of our lecturers are well known in economic policy-making, finance, and business:

I Oldˇrich Dˇedek: Board Member, Czech National Bank

I Vladim´ır Dlouh´y: Head, Czech Chamber of Commerce

I Adam Gerˇsl: Joint Vienna Institute (IMF, Austrian National Bank), Vienna

I Tom´aˇs Holub: Head, Monetary and Statistics Division, Czech National Bank

I Petr Jakub´ık: Principal Expert on Financial Stability, EIOPA, Frankfurt am Main

I Luboˇs Kom´arek: Director, External Economic Relations Division, Czech National Bank

I Vojtˇech Kotl´an: Director, Group Balance Sheet Management, Ceska sporitelna

I Michal Mejstˇr´ık: Vice-President, International Chamber of Commerce, Czech Republic

I Tom´aˇs Richter: Of Counsel, Clifford Chance

I Ondˇrej Schneider: Chief Economist (CEE), International Institute of Finance, Washington, D.C.

I Zdenˇek T˚uma: Partner, KPMG; ex-Governor, Czech National Bank (2000–2010)

Universum Talent Survey 2017 (N = 96)

Universum Talent Survey 2017

Universum Talent Survey 2017

HN ranking

I 8 wins in 9 years: 2016, 2015, 2014, 2013, 2012, 2010, 2009, 2008

Team competitions

I Global Management Challenge 2017

I 1st in CZ (3 IES FSV UK, 1 MU)

Team competitions

I CFA Research Challenge 2016

I 1st in CZ

Team competitions

I Rotman European Trading Competition 2016

I 3rd out of 50 in the EU (beating London Business School, EDHEC Business School, Copenhagen Business School, Vienna University of Economics and Business)

Master, Bachelor and Dissertation Thesis Awards

I Google Prize for Data Journalism 2016

I Adam Nedvˇed, Tom´aˇs Duch´aˇcek: The Analysis of Decision-Making of The Czech Office For the Protection of Competition in Public Procurement Cases

Master, Bachelor and Dissertation Thesis Awards

I Theses awards

I Olga Radzyner Award (Austrian National Bank)

I Irving Fischer Committee Award (Bank for International Settlements, Basel)

I Financial Stability Institute Award (Financial Stability Institute, BIS)

I Global Development Network Award (GDN, World Bank)

I EACES Dissertation Award (EACES)

I Best Dissertation (Unicredit & Universities Foundation)

I Financial Risk Management Award (Centre des Professions Financieres)

I Innovating Minds (ˇCesk´a hlava)

I Young Economist Prize (Czech Economics Society)

I NBS Governor Prize (National Bank, Slovakia)

I Czech Econometric Society Award

I Karel Englis Prize (Charles University)

I Bolzano Prize (Charles University)

I Energy Economics Contest (Institute of Energy Economics)

I Josef Hl´avka Prize (Hlavka Foundation)

I Josef Vavrouˇsek Prize (Faculty of Social Sciences, Charles University)

I Master Thesis in Banking (ABRA Software)

I Prof. Vencovsk´y Prize (VSFS)

I SAS Prize (SAS Institute)

Master’s abroad

I We facilitate transition to prestigious Master’s programs abroad through:

I reputation of quantitative skills

I recommendation letters and personal recommendations

I providing experience of the older students

I Many fields:

I Banking and Finance

I Big Data Business Analytics

I Business Economics

I Development Economics

I Economics

I Econometrics

I Finance

I Finance and Economics

I Financial Engineering

I Health Economics

I Politics

I Public Policy

Master’s and Ph.D. abroad

I Over the last three years:

I Princeton: Bruno Baranek

I Columbia: Marek Sabata

I University of Michigan: Tereza Ranosova

I Oxford: Michal Prause

I Cambridge: Jakub Rybak, Ondrej Dockal, Martin Milenovsky, Vladimir Nahodil, Libor Ulrich

I LSE: Jan Polach

I UCL: Ladislav Tuma

I London Business School: Michal Sabol

I Warwick: Katerina Vratnikova

I University of Zurich: Jan Krepl, Maria Partelova

I St. Gallen: Jan Izak, Jan Kurzeja

I Lugano University: Tomas Fiala

I Stockholm School of Economics: David Zbozinek

I Peking University HSBC Business School: Michael Soltes

I University of Business and Economics Peking: Tereza Sklenarova

I University of Amsterdam: David Kuhnl, Samuel Kozuch, Radim Kasparek, Stepan Svoboda, Matej Conka, Jan Hynek

I Erasmus University Rotterdam: Matej Opatrny, Robert Sevinsky

I Rotterdam School of Management: Lenka Rohryova

I Utrecht University: Marek Cech

I Vienna Graduate School of Economics: Michal Palas

I Aix-Marseille School of Economics: Miroslav Palansky, Tereza Malirova

I Humboldt University: Vojtech Pulec

Global rankings

I ShanghaiRanking’s Global Ranking of Academic Subjects 2017

I Economics:76-100th in the world

I Finance:151-200th in the world

I U.S. News Global Ranking of Universities 2018

I Economics and Business:109th in the world

I QS World University Ranking 2017

I Economics and Econometrics: 201-250th in the world

IDEAS Country Ranking in Economics

I Research Institutions (total 28)

1. CERGE-EI: Center for Economic Research and Graduate Education 2. IES FSV UK

3. CNB: Czech National Bank

I Researchers (total 402)

I The table calculates for each institution the number of its affiliates in top 50.

I Multiple affiliations are counted (the sum is 67).

12/11 01/13 01/14 12/14 08/15 08/16 01/18

CERGE-EI 20 22 21 23 24 24 22

IES FSV UK 13 14 14 13 15 16 17

CNB 19 20 21 19 19 16 15

UTIA AV - - 3 3 4 5 5

VSB-TU 1 2 4 4 4 3 3

VSE 2 1 1 1 1 1 1

VSFS - - - 1 1 1 1

CVUT - - - 1 1

After graduation

I a large variety of opportunities to apply problem-solving and analytical thinking

I banking, consulting, advisory, energy, telecommunications, media

I banks (CSOB, CS, HSBC, ING, KB, Moneta, Raiffeisenbank, Unicredit)

I central banks (ECB, Czech National Bank, Banque centrale du Luxemburg)

I financial institutions and broker companies (Patria Finance, PPF, Wood & Company)

I large companies (CEZ, innogy, O2)

I investment and pension funds (Commerz Asset Management, Credit Suisse Asset Management)

I private equity (Penta, Bakala Crossroads Partners, Benson Oak Capital)

I management consulting (Boston Consulting Group, McKinsey, AT Kearney)

I tax and auditing (Deloitte, EY, KPMG, PricewaterhouseCoopers, Accenture)

I international organizations (IMF, ECB, EC, EIB, EIOPA)

I public agencies (CzechTrade, CzechInvest, MF CR, MZV CR)

I universities and research institutes (IDEA CERGE-EI)

I see Employers’ List on the webpage

Professional certificates

I CFA exams

I Our programs are thefirst CFA recognizedprograms in the Czech Republic. The status is granted to institutions whose degree programs incorporate at least 70% of the CFA Program Candidate Body of Knowledge.

I We are awarding 3CFA Program Awareness Scholarshipsto best students interested in taking CFA Program exams.

I ACCA exams

I ACCA (Association of Chartered Certified Accountants) is the global body for professional accountants.

I We haveACCA F1-F3 Exams Accreditation.

Alumni

I 782 alumni in LinkedIN network (as of January 2018)

I Online access to all registered graduates

I Banquets (2008, 2009, 2010, 2011, 2012, 2014, 2015, 2016, 2017)

I Picnics (2014, 2015, 2016, 2017)

Alumni

Alumni

Our graduates

I Alumni of the Month(2017)

I Matej Bajgar, Economist, OECD, Paris

I Ladislav Barta, Director of Distribution Centers, Rohlik.cz

I Tomas Hochmeister, Director in Cross Asset Solutions, Societe Generale Investment Banking, London

I Lucie Hozik, Investment Counselling, HSBC Bank, London

I Tomas Kafka, Partner in EY, goalkeeper of the Czech floorball team for 18 years, 3 medals at World Championships

I Marek Kapicka, Associate Professor, CERGE-EI; formerly at UC Santa Barbara

I Ivana Karhanova, Owner, PR agency Margetroid and Caf ‘Kralik v radiu’

I Alice Nuslova, Assistant Vice President, Swiss Re Group, Switzerland

I Dalibor Rohac, Research Fellow, American Enterprise Institute (AEI), Washington, D.C.

I Marek Sabata, Quantitative Strategist, Goldman Sachs, New York

I Ondrej Stradal, Adviser to Executive Director, International Monetary Fund, Washington D.C.

I Ondrej Vychodil, Executive Director of Finance, CSOB

Our graduates

A Year After(3 examples in 2017)

I Marek Hauzr, Equity Research Analyst, Wood & Company. He uncovers trends on the stock exchange and suggests algorithms for automatic trading.

I Jan Hubik, Blockchain Expert and Data Scientist. He focuses on the use of blockchain and cryptocurrencies for financial and insurance sectors.

I Nicholas Tyack, Ph.D. Candidate in Development Economics, Graduate Institute in Geneva, Switzerland. He works on his own original research ideas in

development economics.

Career service

I Internships for the 3rd year students

I internships as economists and financial analysts

I at least 200 hours

I 3 credits for Bachelor students

I Ahold, Astra, Atheneum Partners, 7Commerce, Axes Capital Europe, Boston Consulting Group, BH Securities, BNP Paribas, Butcher Capital, CHE Consult Prague, Cushman &

Wakefield, CzechTrade, CzechInvest, Ceska centra, Ceska sporitelna, CSOB, Deloitte, EY, Fio Banka, Grant Thornton Advisory, Grohe, Hospodarska komora LR, ICP Partners, KB, KPMG, Lufthansa Innovation Hub, Macro, McKinsey, Mint Investments, Moneta, Naviga, Number26, Pos Pulse, Pravda Capital, Procter & Gamble, PwC, Raiffeisen Bank, Roklen, SEVEn, Siemens, TPA Horwath, Thai Embassy, Verdi Capital, Unilever, VIR Re, Wood & Company

I Internships abroad

I Erasmus+ Work Mobility

I 3 credits for Master students

I OECD, banks in France, KPMG Luxembourg, Permanent Mission of the Czech Republic at the United Nations in New York

I Career advice

I CV and career consulting

I soft skill events: assessment center, job interviews preparations

Career service

I Mentoring (6 mentors and 6 mentees every term)

I Boston Consulting Group

I Deloitte

I EY

I GE Money Bank

I Goldman Sachs, UK

I Greenstone Capital LLC, UK

I Magnitude Capital, LLC, USA

I McKinsey

I Mennheim Associates, United Arab Emirates

I PwC

I RWE Consulting

I World Health Organization, South Africa

I Wustenrot

Career service

I Career events

I soft-skills workshops and panel discussions

Again, what is our school about?

We see our school as a great opportunity for challenging, deep, diverse, and internationally competitive studies . . .

I in a family atmosphere,

I delivered by skilled, thoughtful and interesting lecturers,

I with fair grading and opportunity to voice both satisfaction and suggestions for improvements,

I in the city center of Prague,

I at little cost,

I with a lot of extra career opportunities,

I giving you a bright job prospect, and

I an opportunity for great friendships.

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