Finance:IFSA Network
The IFSA Network, formerly known as the International Finance Students Association,[1] is a global non-profit organization exclusively run by students. Based initially at the Rotterdam School of Management and founded in 2014.
History
The International Finance Student Association (IFSA Network) traces its roots back to 2014 in Rotterdam,[2] specifically at the Rotterdam School of Management. The initial purpose of the network was to create a community for individuals studying Finance, fostering connections both amongst themselves and with established figures in the financial sector.
Structure
Chapters
The IFSA Network operates under a decentralized yet cohesive organizational structure[3] designed to balance local autonomy with global coordination. Situated in educational institutions across the world, the individual chapters serve as semi-independent units,[4] each governed by their own board comprising at least a Chairman, Vice-Chairman, Treasurer, and General Secretary.[5] These boards manage day-to-day operations and supervise regional activities[6] tailored to meet the specific needs and interests of their local student bodies. Chapters also usually have specialized departments, such as Finance, Marketing, and Events, each headed by a department manager who oversees a team of analysts.
The Supervisory Board
Supervisory Board Members
| Tenure | Chairperson | Vice-Chairman | Head of EMEA | Head of APAC | Head of LATAM |
|---|---|---|---|---|---|
| 2023-2024 | Ritien Mohan (IFSA BITS Pilani) | Nathanaël G. Dürst (IFSA Geneva) | Ridhima Shrivastava (IFSA Rotterdam) | Parinnay Chaudhry (IFSA SSCBS) / Suhani Jain (IFSA Hansraj) | Francisco Gajardo (IFSA UDP) |
| 2022-2023 | Nele Bredtmann (IFSA Rotterdam) | Santiago Delgadillo Gómez (IFSA Colombia) | Nathanaël G. Dürst (IFSA Geneva) | Shrusti Singh (IFSA Hansraj) | Ignacio Pinto (IFSA UdeSA) |
| 2021-2022 | Ornella Gallo (IFSA UCEMA) | N/A | Iulia Rumeus (IFSA Geneva) / Janusz Skipiol (IFSA Rotterdam) | Sandesh Dholakia (IFSA Hansraj) / Aditya Mahajan (IFSA SSCBS) | Pablo Torres Alarcón (IFSA Colombia) |
Key Initiatives
Traders' Cup
The IFSA Trader’s Cup is the world’s largest student run trading challenge.[7] All people studying in a recognised university are free to participate. The competition relies on securities trading, and aims to give students an opportunity to distinguish themselves from the competition. The competition is held once per academic year, starting in spring of 2016. For the second edition of the competition, students from more than 35 universities, located in 28 countries on 6 continents competed.[citation needed]
Global Case Competition at Harvard
The Global Case Competition at Harvard[8] is the world’s most prestigious case competition organized by students.[9] During the first edition, a team from HEC Paris,[10] a leading French university, won the challenge.[11] The second edition was won by the London Business School.[12]
Local Venues
The various IFSA Network chapters try to offer their communities various local events to connect with the professional world.[13] Often, an industry professional will come to the IFSA Network events and meet students. The purpose of those venues is to give students a taste of the professional world, share tips and knowledge, and give an opportunity to network.
Boston Consulting Group Case Competition
In 2018, the IFSA Network in cooperation with the Boston Consulting Group and InvestSoc, organised the first, three-week long International Cape Town Case Competition. The competition has a unique[citation needed] format where teams consisting of 2 to 4 participants, propose solutions for crises that are presented to them. In their solutions, participants are able to showcase their knowledge, creativity and problem-solving skills on a current macroeconomic issue. A jury picks the 15 best international teams and the best local teams, from Cape Town. The selected teams arrive in Cape Town, South Africa, to participate in the second round, and present in front of a select panel. The winning team is awarded a cash prize of 5000 South African Rand.
Current Chapters
It has established chapters in the Netherlands, Switzerland, Russia, Colombia, Argentina, Chile, and India among other locations. These chapters focus on providing localized resources, events, workshops, and competitions aimed at career development and knowledge acquisition in finance. As of 2023, The IFSA Network has the following chapters:[14]
| Chapter's Name | Chapter's Logo | Chapter's Region | Chapter's Country | Chapter's City | Chapter's College |
|---|---|---|---|---|---|
| IFSA Rotterdam | EMEA | Netherlands | Rotterdam | Erasmus University Rotterdam | |
| IFSA Geneva | EMEA | Switzerland | Geneva | University of Geneva | |
| IFSA NES BFS | EMEA | Russia | Moscow | New Economic School | |
| IFSA SSCBS | Asia-Pacific | India | Delhi | Shaheed Sukhdev College of Business Studies | |
| IFSA BITS Pilani | Asia-Pacific | India | Pilani | BITS Pilani | |
| IFSA Hansraj | Asia-Pacific | India | Delhi | Hansraj College | |
| IFSA LSR | Asia-Pacific | India | Delhi | Lady Shri Ram College | |
| IFSA SRCC | Asia-Pacific | India | Delhi | Shri Ram College of Commerce | |
| IFSA St. Stephen’s | Asia-Pacific | India | Delhi | St. Stephen's College, Delhi | |
| IFSA IIT Kharagpur[15] | Asia-Pacific | India | Kharagpur | IIT Kharagpur | |
| IFSA UdeSA | Latin America | Argentina | Buenos Aires | University of San Andrés | |
| IFSA UCEMA | Latin America | Argentina | Buenos Aires | University of CEMA | |
| IFSA UDP | Latin America | Chile | Huechuraba | Diego Portales University | |
| IFSA Utadeo | Latin America | Colombia | Bogotá | Jorge Tadeo Lozano University | |
| IFSA Finvext Club | Latin America | Colombia | Bogotá | Externado University of Colombia | |
| IFSA Finance Club UdeMedellín | Latin America | Colombia | Medellin | University of Medellin | |
| IFSA Bufete Capital | Latin America | Colombia | Medellin | EAFIT University |
Chapters as of 2021
Africa
South Africa
University of Cape Town
Asia
India
Lady Shri Ram College for Women, Delhi
Shaheed Sukhdev College of Business Studies, Delhi
Birla Institute of Technology & Science, Pilani
St Stephen's College, Delhi
Indian Institute of Management, Kozhikode
Hansraj College, Delhi
Europe
Germany
Catholic University of Eichstätt-Ingolstadt
Goethe University
Ludwig Maximilian University
Technical University
Lithuania
Vilnius University
Russia
New Economic School[16]
Netherlands
Rotterdam School of Management
Switzerland
University of Geneva[17]
University of Sankt-Gallen
Americas
Argentina
Universidad del CEMA Universidad de San Andrés
Brazil
Federal University of Rio de Janeiro
Colombia
Pontificia Universidad Javeriana
Universidad Jorge Tadeo Lozano
Universidad EAFIT
United States
Harvard University
Columbia University
Citations
References
- ↑ "IFSA Network Website". WordPress. http://ifsa-network.com/. Retrieved 4 November 2018.
- ↑ "IFSA Network: Letter to Stakeholders". WordPress. http://ifsa-network.com/letter-to-stakeholders-16/. Retrieved 4 November 2018.
- ↑ "IFSA Network: Who Are We". WordPress. http://ifsa-network.com/who-are-we/. Retrieved 4 November 2018.
- ↑ "Our Chapters Globally" (in en-US). https://ifsa-network.com/the-network/.
- ↑ "About us" (in en-US). https://ifsa-geneva.ch/who-we-are/.
- ↑ "About us" (in en-US). https://ifsa-geneva.ch/what-we-do/.
- ↑ "IFSA Traders' Cup". WordPress. http://ifsa-network.com/traderscup/. Retrieved 4 November 2018.
- ↑ "Global Case Competition Harvard". University of Minnesota Crookston. http://umcrookston.meritpages.com/achievements/Business-Students-travel-to-2017-Harvard-Global-Case-Competition/71500. Retrieved 4 November 2018.
- ↑ "IFSA Harvard Case Competition". Harvard Case Competition. http://harvardcasecompetition.com/. Retrieved 4 November 2018.
- ↑ "HEC Paris". HEC Paris. http://campus.hec.fr/the-hec-experience-blog/2017/04/18/team-modigliani-2-0-from-hec-paris-at-the-finals-of-harvard-global-case-competition/. Retrieved 15 November 2018.
- ↑ "HEC Paris wins Global Case Competitions". HEC Paris. http://www.hec.edu/News-Room/News/HEC-Paris-win-2016-Harvard-International-Finance-Competition. Retrieved 15 November 2018.
- ↑ "MiF Students from LBS Win Harvard Global Case Competition". ONE YEAR MBA. http://www.oneyearmba.co.in/mif-students-lbs-win-harvard-global-case-competition/. Retrieved 15 November 2018.
- ↑ "Geneva students are hungry and getting prepared to face the challenges !". NOTZ STUCKI. https://www.notzstucki.com/ifsa-event-geneva-students-are-hungry-and-getting-prepared-to-face-the-challenges/. Retrieved 15 November 2018.
- ↑ "IFSA Network New Website". WordPress. http://ifsa-network.com/. Retrieved 3 June 2023.
- ↑ "IFSA Network on LinkedIn: #ifsanetwork #financeeducation #venturecapital #iitkharagpur #newchapter" (in en). https://www.linkedin.com/posts/international-finance-student-association_ifsanetwork-financeeducation-venturecapital-activity-7131623086465921024-QNj2.
- ↑ "IFSA Network: New Economic School". NES Suits and Securities. http://nes-bfsociety.ru/about-us/. Retrieved 4 November 2018.
- ↑ "IFSA Network: University of Geneva". L’Association Faîtière de l’Université de Genève (AFU). http://afunige.ch/nos-associations/. Retrieved 4 November 2018.
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