February 2015 – New Modules, new groups, new learnings.

Hello to all our readers out there!

The Lent term, our second term here in Lancaster, started just a couple of weeks ago. For this term, every student could choose four modules out of 13 very interesting courses according to individual interests. I decided to concentrate on Finance modules and took Advanced Corporate Finance, Advanced Investment Management, Financial Statement Analysis and Behavioural Finance.

In Advanced Corporate Finance we just submitted our first Coursework. This work required us to create an in-depth analysis of the financial structure of one of the largest firms in the UK. I really enjoy to work with international peers on this task. Our meetings might often be long and demanding but the different views on such a complex tasks make it even more interesting. The facilities here at LUMS make it very easy to set up for such efficient group meetings. We always booked fully-equipped meeting rooms through our iLancaster App and could meet in a quite environment with modern technology.

In Advanced Investment Management the whole class participates in a virtual fund-management-game. The 42 competing funds use modern investment theory to invest in assets that yield in highest profit (not forgetting the underlying risk) for their fund investors. Through this we can apply the learned theory to a real market environment. The fund that I manage with two friends did very well over the first periods but just got hit by a major recession. I’m excited for the investment rounds to come.