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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.
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.
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.
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) |
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 ]
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]
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.
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.
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]
University of Cape Town
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 Technology, Kharagpur
Hansraj College, Delhi
Catholic University of Eichstätt-Ingolstadt
Goethe University
Ludwig Maximilian University
Technical University
Vilnius University
New Economic School [16]
Rotterdam School of Management
University of Geneva [17]
University of Sankt-Gallen
Universidad del CEMA Universidad de San Andrés
Federal University of Rio de Janeiro
Pontificia Universidad Javeriana
Universidad Jorge Tadeo Lozano
Universidad EAFIT
Harvard University
Columbia University
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The University of Geneva is a public research university located in Geneva, Switzerland. It was founded in 1559 by French theologian John Calvin as a theological seminary. It remained focused on theology until the 17th century, when it became a center for enlightenment scholarship. Today, it is the third largest university in Switzerland by number of students.The University of Geneva is consistently ranked one of the top universities in the world.
The École Supérieure des Sciences Economiques et Commerciales, more commonly known as ESSEC Business School or simply ESSEC, is a business school and grande école based in France. Founded in 1907, its principal campus is located in Cergy in the île-de-France region, but also has locations in La Défense, Rabat, and Singapore.
HEC Paris is a business school and grande école located in Jouy-en-Josas, a southwestern outer suburb of Paris, France. One of the best business schools in the world, and consistently ranked the best in Europe, it offers Bachelor, MiM, MSc in International Finance, MBA, EMBA, executive education, professional development, professional certification, and PhD programs.
ESCP Business School is a French business school and grande école founded in Paris and based across Europe with campuses in Paris, Berlin, London, Madrid, Turin, and Warsaw. It is known as one of the trois Parisiennes, together with HEC Paris and ESSEC. Established in 1819, it is considered the world's oldest business school. ESCP Business School runs BSc, MBA, Executive MBA, master's degree programs in finance and management, executive education programs, and PhD programs.
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Rotterdam School of Management, Erasmus University is the international business school of the Erasmus University Rotterdam located in Rotterdam, Netherlands. RSM offers undergraduate and postgraduate programmes taught mostly in English, including MBA, executive education, and PhD programmes.
The International Institute in Geneva (IIG) -- formerly known as International University in Geneva - IUN or IUG), founded in 1997, is a private business school in Geneva, Switzerland. The business school is located in the International Centre Cointrin, next to Geneva Airport.
Paris Dauphine University - PSL is a Grande École and public institution of higher education and research based in Paris, France. As of 2022, Dauphine has 9,400 students in 8 fields of study, plus 3,800 in executive education. Its status as a grand établissement, adopted in 2004, allows it to select its students. On average, 90 to 95% of accepted students received either high distinctions or the highest distinctions at their French High School National Exam results. While not itself having the legal status of a public university, it is a constituent college of PSL University. Dauphine is also a member of the Conférence des Grandes Écoles.
Triple accreditation in management education, also known as Triple Crown accreditation, describes the combination of all three leading international accreditations that a business school can achieve: the Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA), and EFMD Quality Improvement System (EQUIS). A total of 124 business schools in the world are triple-accredited as of 21 June 2023. This equals around 1% of business schools worldwide.
The Desautels Faculty of Management is a faculty of McGill University in Montreal, Quebec, Canada. The faculty offers a range of undergraduate and graduate-level business programs, including the Bachelor of Commerce, Master of Business Administration and Doctor of Philosophy in management degrees. The Faculty of Management also offers a joint MBA/Law program with McGill's Faculty of Law.
Ibmec is a private research university with five campuses in Brazil's main cities of Rio de Janeiro, São Paulo, Belo Horizonte, and Brasília. Founded in 1970, it is one of Latin America's most prestigious business and economics school and today offers undergraduate and graduate programs in several other disciplines.
INCAE Business School is an international business school located at the Walter Kissling Gam campus in Costa Rica. The school was founded with the assistance of professors from Harvard Business School in 1964. Although INCAE is independent, it adheres to the Harvard's case study method.
The Tinbergen Institute is a joint institute for research and education in economics, econometrics and finance of the VU University Amsterdam, the University of Amsterdam, and the Erasmus University Rotterdam. The institute was founded in 1987 and is named after the Dutch economist Jan Tinbergen, a Nobel prize-winning professor at the Erasmus University Rotterdam.
The Institut Supérieur du Commerce, a business school located in Paris, is a French university-level institution. Its programs consist of a core degree, a bachelor's program offering six different specializations, a Master's degree in management according to the Bologna European higher education standards, and a MBA program offering sixteen different specializations. These courses are available both on a part-time and full-time basis.
The Solvay Brussels School of Economics and Management is a school of economics and management, and a Faculty of the Université libre de Bruxelles (ULB), a French-speaking private research university located in Brussels, Belgium. Business education started in 1899, and Solvay was established in 1903 through a donation from the industrialist Ernest Solvay.
The Abdul Latif Jameel Poverty Action Lab (J-PAL) is a global research center working to reduce poverty by ensuring that policy is informed by scientific evidence. J-PAL conducts randomized impact evaluations to answer critical questions in the fight against poverty, and builds partnerships with governments, NGOs, donors, and others to generate new research, share knowledge, and scale up effective programs.
The University of San Andrés is a private university located in Victoria, Buenos Aires, Argentina on the shores of the Rio de la Plata, in the metropolitan area of Greater Buenos Aires. It is a small institution, with approximately 900 undergraduate students and 500 graduate students.
The Global Network for Advanced Management is a collaboration of graduate schools of business that seeks to foster intellectual ties among business schools, students and deans from both economically strong regions and those on the horizon of economic development. It was founded by a consortium of 21 schools and launched on April 27, 2012. The Global Network has since expanded to include 32 member schools.
Thomas R. W. Bain is known for intelligence work done behind the Iron Curtain in 1988 under the pseudonym "Orange". He is currently a dean at the International School of Project Management in New Delhi, India.