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

January 17, 2020

Martin Gregor About us Our school is . . .

I small (hence inevitably beautiful), I 551 students in total I 80 Bachelors, 70 Masters and 5 PhDs graduate each year

I quantitative, I a tough core sequence with 4 courses of Mathematics taught by Department of Mathematical Analysis I local partnerships with quantitative schools and institutes: Faculty of Mathematics and Physics, Academy of Science I among the most rigorous degrees in Economics and Finance in CEE

Martin Gregor About us Our school is . . .

I international, I 77% of Bachelor and 91 % of Master courses given in English I 61 Erasmus+ exchange agreements I study opportunities in Asia, Australia, and the US I 162 incoming students annually, including non-EU exchange students: Australia, Canada, China, Japan, Mexico, New Zealand, Singapore, United States I 92 regular (non-exchange) international students I 93% Bachelor theses and 98% Master theses written in English

I and a hub of talent. I facilitating many extracurricular opportunities, e.g., internships, mentoring, thesis competitions, team competitions I easy transfers into strong Masters: Oxford, Cambridge, LSE, UCL, Warwick, Columbia, Princeton, Peking University, University of Zurich, ETH Zurich, Basel, St. Gallen, Lausanne, Lugano, University of Amsterdam, Tilburg, Bonn, Humboldt University, Stockholm School of Economics I many later admitted into top MBAs: Harvard Business School, London Business School, Columbia Business School, Kellogg School of Management

Martin Gregor About us Quality: Global rankings

I U.S. News Global Ranking of Universities 2020

I Economics and Business: 127th in the world

I ShanghaiRanking’s Global Ranking of Academic Subjects 2019

I Economics: 76-100th in the world I Finance: 151-200th in the world

I QS World University Ranking 2019

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

I IDEAS RePEc Institutions Ranking, January 2020

I Top 5% in Europe I overall CZ ranking: 1st IES, 2nd CERGE-EI, 3rd CNB I 10/10 CZ ranking: 1st IES, 2nd CERGE-EI, 3rd CNB

Martin Gregor About us Quality: HN ranking

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

Martin Gregor About us Universum Talent Research 2019

Martin Gregor About us Admission

I Our key admission criterion is based on two NSZ (SCIO) exams.

I 0.6∗ NSZ MAT + 0.4∗ NZS OSP combined score; entry at approx. 75+. I SAT Reasoning Test or ACT Composite can replace NSZ OSP or MAT.

I Other ways:

I NSZ MAT 90+ I NSZ OSP 99+ I Math Olympiad, Regional Round, 5th or better (CZ and SK) I SOCˇ Mathematics or Economics, National Round, 5th or better I Matematika+ (1) I IB Economics Higher Level (6+) or Standard Level (7+), and IB score 40+. I IB Economics Higher Level (6+) or Standard Level (7+), and NSZ MAT 60+. I AP Microeconomics or AP Macroeconomics (4+), and NSZ MAT 60+.

Martin Gregor About us General aptitude and admission probability

Martin Gregor About us Mathematics and admission probability

Martin Gregor About us Quality over quantity

I Using course evaluations (range 0–5), we closely track the quality of teaching, and improve courses based on students’ comments and suggestions.

I We also collect anonymous feedback from our student’s club (Viktor Feedback).

Martin Gregor About us Courses

I Over the last 5 years, we have introduced many new courses:

I Academic English I, II I Applied Microeconometrics I Bank Asset and Liability Management I Banking and Financial Regulation I Behavioral Economics and Finance I Cambridge Lectures in Economic History I Data Science in R I, II I Data Processing in Python I Economic History I Energy Markets and Economics I Pr´avoﬁnanˇcn´ıchsluˇzeb I Private Equity I Recent Financial Crises: Theory and Evidence I Topics in Industrial Organization I Topics in Macroeconomics

Martin Gregor About us Short courses

I Visiting Professors in 2018–2019:

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 et al., Cambridge) I Introduction to Urban Economics (Jan Brueckner, University of California Irvine) I Quantitative Multivariate Finance (Martin Burda, University of Toronto) I Global Financial Crisis: Responses and Real Eﬀects (Nuria Suarez, UAM Madrid) I Introduction to Health Economics (Olena Stavrunova, University of Technology Sydney) I Traditional and Alternative Risk Transfer in the Insurance Sector (Maurizio Pompella, University of Siena) I FinTech and Blockchain (Gonul Colak, Hanken School of Economics, Helsinki)

I Visiting Professors in 2020:

I Economics of Brexit (Nauro Campos, University College London) I Mergers and Acquisitions (Jana Fidrmuc, Warwick Business School)

Martin Gregor About us Practitioners

I Regular classes are given by central bankers, economists at international organizations, ﬁnance practitioners, consultants, and lawyers:

I OldˇrichDˇedek:Board Member, Czech National Bank I Vladim´ırDlouhý:Head, Czech Chamber of Commerce I TomáˇsHolub: Board Member, Czech National Bank; former Head, Monetary and Statistics Division, Czech National Bank I Petr Jakub´ık: Principal Expert on Financial Stability, EIOPA, Frankfurt I LuboˇsKomárek:Director, External Economic Relations Division, Czech National Bank I VojtˇechKotlán:Director, Group Balance Sheet Management, Ceska sporitelna I Michal Mejstˇr´ık: Vice-President, International Chamber of Commerce, Czech Republic I TomáˇsRichter: Of Counsel, Clifford Chance I ZdenˇekT˚uma:Head of Supervisory Board, CSOB; former Governor, Czech National Bank

Martin Gregor About us Team competitions

I Directa University Trading Challenge 2018

I 1st in EU

Martin Gregor About us 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)

Martin Gregor About us Team competitions

I Global Management Challenge 2017

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

Martin Gregor About us 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 (Ceskáhlava)ˇ 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 Hlávka Prize (Hlavka Foundation) I Josef VavrouˇsekPrize (Faculty of Social Sciences, Charles University) I Master Thesis in Banking (ABRA Software) I Prof. FrantiˇsekVencovskýPrize (VSFS) I BH Securities Prize (BH Securities) I SAS Prize (SAS Institute)

Martin Gregor About us Master, Bachelor and Dissertation Thesis Awards

I Deloitte Outstanding Thesis Awards 2018

I Awarded in Amsterdam by Deloitte Global Valuation Partner Mark Pighini, and EMEA Valuation Partner Andrew Robinson

Martin Gregor About us Master’s abroad

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

I our reputation I recommendation letters and personal recommendations I sharing experience of the older students

I Many ﬁelds:

I Banking and Finance I Big Data Business Analytics I Business Economics I Conﬂict Resolution and Governance I Development Economics I Economics I Econometrics I Finance I Finance and Economics I Financial Engineering I Health Economics I Politics I Politics, Philosophy and Economics I Public Policy I Quantitative Finance

Martin Gregor About us Master’s and Ph.D. abroad

I UK I Oxford: Michal Prause I Cambridge: Jakub Rybak, Ondrej Dockal, Martin Milenovsky, Vladimir Nahodil, Libor Ulrich, Katarina Liskova, Jakub Siegel, Martin Moldan I LSE: Jan Polach, Daniel Kolar, Jan Kravacek, Igor Buinevici I UCL: Ladislav Tuma, Daniel Pelnar, Daniel Stancl I London Business School: Michal Sabol I Edinburgh: Jan Mosovsky I Leicester: Jan Sila I Warwick: Katerina Vratnikova

I Switzerland I University of Zurich: Jan Krepl, Maria Partelova I St. Gallen: Jan Izak, Jan Kurzeja, Alexandra Katinova I Lugano University: Tomas Fiala

I Netherlands I University of Amsterdam: David Kuhnl, Samuel Kozuch, Radim Kasparek, Stepan Svoboda, Matej Conka, Jan Hynek, Barbora Koranova, Pavel Zacharuk I Erasmus University Rotterdam: Matej Opatrny, Robert Sevinsky, Vojtech Gorecki I Rotterdam School of Management: Lenka Rohryova I Tilburg: Jana Holkova I Utrecht University: Marek Cech I University of Groningen: Ondrej Gabas

Martin Gregor About us Master’s and Ph.D. abroad

I United States I Princeton University: Bruno Baranek I Columbia University: Marek Sabata I University of Michigan: Tereza Ranosova

I Asia I Peking University HSBC Business School: Michael Soltes I University of Business and Economics Peking: Tereza Sklenarova I Sogang University, South Korea: Anna Umlaufova

I Rest of Europe I Stockholm School of Economics: David Zbozinek, Josef Matyas I Vienna Graduate School of Economics: Michal Palas I Vienna University of Business and Economics: Tadeas Krejci I HEC Paris: Federico Turchi I Aix-Marseille School of Economics: Miroslav Palansky, Tereza Malirova I Humboldt University: Vojtech Pulec I Nova Business University in Lisbon: Nick Doerner, Diana Salome Gato I University of Rome Tor Vergata: Zbynek Stursa

Martin Gregor About us After graduation

I many opportunities to apply quantitative and modeling skills

I banking, consulting, advisory, ﬁnancial sector, energy, telecommunications, research, academia, regulators, international organizations, government, tech industry, start-ups

I banks (CSOB, CS, HSBC, ING, KB, Moneta, Raiﬀeisenbank, Unicredit) I central banks (ECB, Czech National Bank, Banque centrale du Luxemburg, Danmarks Nationalbank) I ﬁnancial institutions and broker companies (Patria Finance, PPF, Wood & Company) I investment and pension funds (Commerz Asset Management, Credit Suisse Asset Management) I private equity (Penta, Benson Oak Capital) I management consulting (McKinsey, Boston Consulting Group, AT Kearney, Grant Thornton) I CEOs of companies (Kotva, Budweiser Budvar, Na Bulovce Hospital) I analysts at large companies (CEZ, innogy, O2) I valuation, tax and auditing (Deloitte, EY, KPMG, PwC, Accenture) I start-ups, technology companies, data analysis (Creative Dock, Datasentics, Blahobyty, Vitadio) I international organizations (IMF, ECB, EC, EIB, EIOPA) I public agencies (CzechTrade, CzechInvest, MF CR, MZV CR, MZ CR) I universities and research institutes (IDEA CERGE-EI, AV CR)

Martin Gregor About us Professional certiﬁcations

I CFA exams

I Our programs are the ﬁrst CFA recognized programs 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 3 CFA Program Awareness Scholarships to 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 have ACCA F1-F3 Exams Accreditation.

Martin Gregor About us Alumni Association

I 840 members in LinkedIN (January 2020)

I Reunion Banquets

I Picnics or weekend events oﬀsite

Martin Gregor About us Alumni of the Month

I In the Czech Republic I Ladislav Barta (Rohlik.cz, Chief Operating Officer) I Pavel Bursa (Economia, Board Vice Chairman) I Jana Gutierrez Chvalkovska (Red Hat, HR Manager for CEE and MENA) I Tomas Jandik (REICO Ceska sporitelna, Chief Investment Officer and Board Member) I Tomas Kafka (EY, Partner) I Marek Kapicka (PhD Chicago; CERGE-EI, Associate Professor) I Ivana Karhanova (Margetroid, Founder and Owner) I Jan Kvacek (Na Bulovce Hospital, CEO) I Adam Nedved (blahobyty.cz, CFO) I Patrik Novy (KB SmartSolutions, Director) I Radek Nemecek (SAZKA Group, Director of Investor Relations) I Jakub Seidler (ING Bank, Chief Economist) I Michal Sotak (Cushman & Wakefield, Partner, Head of Capital Markets CZ SK) I Pavel Streblov (Penta, Business Director Commercial Real Estate) I Ondrej Vychodil (CSOB, Executive Director of Finance)

Martin Gregor About us Alumni of the Month

I Abroad

I Matej Bajgar (PhD Oxford; OECD) I Lenka Bentall (Deloitte London, Tax Consultant) I Ivona Butcher (MBA Kellogg School of Management; Magnitude Capital, New York) I Sylvie Dvorakova (EY Zurich, FSRM Consultant) I Radek Halamka (Enclude, London) I Lucie Hozik (MA Graduate Institute; HSBC Private Bank, London) I Martina Jasova (Barnard College at Columbia University, Assistant Professor) I Michal Jezek (MPhil Cambridge; Deutsche Bank, London, Credit Strategist) I Tereza Lokajickova (European Commission, DG Competition) I Barbora Makova (Credit Benchmark, R&D Department) I Zuzana Posoldova (BNP Paribas Fortis, Sweden, Head of Credit Analysts) I Dalibor Rohac (PhD King’s College; American Enterprise Institute, Washington, DC) I Jakub Rojcek (PhD Zurich; LGT Capital Partners, Switzerland) I Tomas Roubal (World Health Organization, South Africa) I Filip Rozsypal (PhD Cambridge; Danish National Bank, Economist) I Stela Rubinova (PhD Graduate Institute Geneva; WTO) I Marek Sabata (MFE Columbia; Goldman Sachs, Quantitative Stategist) I Jan Smejkal (5X Ventures, Co-Founder) I Petra Vokata (Ohio State University, Assistant Professor in Finance) I Libuse Vosahlikova (MBA Harvard Business School; McKinsey, New York) I Ladislav Wintr (PhD Clark University; Luxembourg Central Bank) I Jan Zika (NBCUniversal, New York)

Martin Gregor About us A Year After

I MA graduates of June 2018 in 2019: I Pavel Fiser (MSD, Data Scientist) I Gladiola Gjuzi (J&T Bank, Portfolio Manager Junior) I Petr Hanzlik (CSOB, Group Controlling and Investor Relations Department) I Robert Kaplan (EY, Senior Consultant) I Sarka Krizkov (Deloitte Advisory, Consultant) I Marek Lipan (DataSentics, Data Scientist) I Daniela Moisei (European Commission, Internal Audit Assistant) I Borche Rolevski (Broadrige, Senior Business Analyst) I Michal Topinka (TRZ Funds, Portfolio Manger)

I MA graduates of June 2017 in 2018: I Arun Derunduli (Moody’s, Associate Economist) I Jakub Hostacny (Shipvio, CFO & Head of Business Intelligence) I Tomas Juchelka (Bohemian Technologies, Co-Founder) I Dominika Kolcunova (Czech National Bank, Junior Research Specialist) I Lenka Rohryova (Vitadio, Co-Founder) I Petr Rygr (Barclays Investment Bank, Counterparty Risk Business Analyst)

Martin Gregor About us Career services

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, A.T. Kearney, Boston Consulting Group, BH Securities, BNP Paribas, Central Europe Industry Partners, Cushman & Wakefield, CzechTrade, CzechInvest, Ceska centra, Ceska sporitelna, CSOB, CEZ, Deloitte, EY, Fio Banka, Grant Thornton Advisory, Home Credit, Hospodarska komora CR, KB, KPMG, Lufthansa Innovation Hub, Macro, McKinsey, Mergervision, Mint Investments, Moneta, Procter & Gamble, Pfizer, PwC, Raiffeisen Bank, Roklen, Siemens, TPA Horwath, Thai Embassy, Verdi Capital, Unilever, Unicredit, Wood & Company

I Internships abroad

I Erasmus+ Work Mobility I 3 credits for Master students I ECB, European Parliament, International Labour Oﬃce, KPMG Luxembourg, OECD, Permanent Mission of the Czech Republic at UN in New York, World Bank

I Career advice

I CV and career consulting I Mentoring I Career events

Martin Gregor About us Career services

I Mentoring (approximately 6 mentors and 6 mentees every term)

I A.T. Kearney I Boston Consulting Group I Ceska sporitelna I Deloitte I European Central Bank I EY I Moneta Money Bank I Goldman Sachs, UK I Greenstone Capital LLC, UK I Magnitude Capital, LLC, USA I McKinsey I PwC I RWE Consulting I Wustenrot

I Now extended to Flexi network.

Martin Gregor About us Career events

I Soft-skills workshops

I Panel discussions (Banking, Consulting, Risk, Data, IT, Energy, Women)

Martin Gregor About us 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 and experienced 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 many extra career opportunities,

I giving you a bright job prospect, and

I an opportunity for great friendships.

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Martin Gregor About us