EN – ESSEC Business School – Master in Finance

EN – ESSEC Business School – Master in Finance



hello you're watching campus channel and we're here today with SX business school to talk about the Master in finance we have the program co-director sweetheart arkhat and student Pauline Bordeaux we here to take your questions but first we're going to start with the pitch alright so how are you have 60 seconds flat are you ready yeah I'm ready go so if you're looking for a program that is a very well ranked that has been accredited by the state that can be done across two campuses one in Europe one in Asia and that offers you a very broad overview of finance as well as allows you to specialize then I would suggest then I would recommend that you do the Master in finance that I say we have excellent career outcomes and we have a class that is internationally diverse and comes from many different backgrounds so if that's what you're looking for in a program in two of the great cities of the world Paris or Singapore then I would recommend that you come and do the mastering finance with us here in Paris or Singapore okay so 15 seconds Pauline do you want to add anything to that I only the student in master in finance but it's a good way to pursue a career in finance excellent alright let's just wrap up the clock then we're gonna move on to the face to face please remember to please remember to keep sending us your questions they're gonna show up right there and with that I'm going to let Pauline read the first one what's difference between your program and an MBA in finance so do you want to give it a shot I think I will let okay so if you're thinking about an MBA in finance an ambient finance tends to be for people who have had some work experience on ready whereas our program is a program which is targeted towards people who have who don't have too much of work experience who have at the most a maximum of a years experience and word trial who are looking to start their career in finance so I guess that's the difference if you're looking for a mid-career change the MBA is the program for you but if you are looking for a program you want to start in finance I think the master in finance is the program for you so how much experience do students typically apply with do they apply with experience or no typically no maximum I would say a years experience most of them tend to have done a couple of internships as part of their studies so six months to a year okay let's take the next question and sweetheart I'll let you read this for us please what is the proportion of students that end up working in asset management portfolio manager by side analysts not many I would say so to give you an example in the current batch out of around 80 students we have around six of them who want to do asset management so I would say on average around 10 to 15% lined up in those kinds of jobs okay I'm Pauline you were telling me that you were in asset management yes I'm part of the students okay thanks one of the six have you been in touch with alumni who were doing this job yes I've been in touch with annum night from for my second who explained me about that job and what's interesting about it so not many people who are going into this what what were your questions for them it was bits about what daily tags I do and why I did a sec and how AIESEC help to find the first job on the first internship and did they say that it was easy or that it was doable to find a job in asset management coming from a sec was it more difficult than other jobs they say that it's easy adian like it's a part of Finance while you it's easy let's say to find a job compared to our competitors are fine so it's okay okay let's take the next question and I will let you read this for us baleen you consider students who don't have a finance or business background from undergrad I would say yes I'm from Hospitality Management so we accept like all type of background there was still some kind of business involved in hospitality management I imagine yes kind of area because it's management so being a business involved but I'm the class there is one one guy would it was electrician before so really all kind of students okay so sweetheart do you consider backgrounds from literature from philosophy yeah yeah we accept students from any background and we prepare them for a career in violence the only thing we are looking for is students need to have a motivation to pursue a career in finance okay that's crucial for us and if they're coming from a humanities background or Social Sciences will they need to do any kind of catch-up classes and math or no so the first when you come into the program the first term we call it t0 as a preparatory term in which we provide all the courses in maths and basics and violence okay so we will prepare you alright the next question sweetheart will you read this please I know that management test scores are very important in the recruitment process what's the minimum score of Taj Marsh test scores are important but those are just one aspect of the entire file I don't want to give you a minimum score or something of that sort the acts of people with different kinds of scores if the other parts of their file are interesting if I want I can give you the average the average for the Taj modulus tier was around 340 and for the GMAT was around 670 but that's average but that has a wide range so I would encourage you to apply if you if you are interested and motivated for a career in finance so when you're evaluating these candidates what are you taking into consideration so we are taking into consideration their previous background the previous school the previous studies they have done the grades in those the test scores of course if they have done any internships in finance and for us the most important thing is your professional project or your motivation and why is it that you want to do finance and what is it that you want to do in finance and how does the master help you and all a lot of also of course the recommendation letters that you might provide us okay let's take the next question Polly how international is this program is it mostly French students I would say no their program is really international we have people from Asia people from Russia people from South America India also so really diversified program so sweetheart do you have some space statistics on yeah so around fifty percent of the class that's been true for the past three or four years come from an international background come from a prior background other than French other than France and so these international students I imagine that all of them don't speak French is French necessary for this program it's not necessary the program is completely in English but if you are an international student since our degree is recognized by the French state we do expect you to have a minimum level in French we will provide you with the French courses but we do expect you to have a minimum level in French it's not your hair they have to validate French they have to validate a French course it's also helpful from a practical point of view because if you're looking for an internship in Paris or in France knowing a bit of French helps so pauline as a French students what are the international students like do they make the effort to learn French or the French students helpful and teaching them French yes because at the end we know when you go outside of school we French people you like to speak French so they can learn French every day so so it's like that so but they make the effort to come with us and when they they understand after months I guess everybody understand it and after that when they doesn't we we we only translate it okay all right let's take the next question sweetheart will you read this please is attending Singapore's track an added value to start a career in Asia I would say yes quite clearly the way we have structured it is that you could switch campuses so for example if you start in France and do the first term in France up to December and then go to Singapore to do the second and third term it's usually after the third term that you're looking for an internship so I think it's very useful for you to go there if you want to start a career in Asia I think it could be a very good strategy to dr. so for international students who are interested in working in Asia we do not come from the region how easy is it for them to find internship opportunities whenever they go to Singapore so in Singapore like the program is the same in France and in Singapore in Singh we do have a courier service which helps us a lot and trying to find internships and besides that we organize a study trip and one of the places we normally go in the study trip tends to be Hong Kong one of the major financial centres and we have lots of alumni working in Hong Kong so overall I think given all these help that you get you should be able to find something in Singapore it shouldn't be difficult so there are no differences between the Singapore campus and the Paris campus curriculum in terms of the program there's no difference it's just that the teachers are different of course but all the courses that are offered are the same if the program is exactly replicated would they be taking business cases from the region perhaps yeah any kind of yeah yeah so what are these – the Asian region yes because most of the teachers who teach in the Singapore campus tend to be from the Singapore who are based in Singapore or are working for banks in Singapore or in Asia so obviously when they teach those courses those courses tend to have a high level of Asian content so to say all right let's take the next question Pauline will you read this please yes what are the top qualities you look for in candidates I guess that's for me so as I said there are four four or five criteria we are looking for when we are trying to recruit candidates we are looking for what is your background okay we are looking for your grades in the previous previous studies that you have done but more importantly we are looking for motivation we're looking for what is your professional project how is it that this master is going to help you realize that professional project and of course as I said if you have some experience some internship it helps and let me just clarify a bit about the professional project as Pauline would attest to it this program is very intense we start in September you have classes up to June and you have lots of courses to do you have to work a lot and at the same time you're looking for internships you are making applications to the top banks and so on and so forth so it helps that you're clear about what you want to do so that you can hit the ground running when you start the program and then go on to achieve your objectives so these are the things that we are looking for in a candidate so you've already you only name things that we find on paper their grades their their motivation what are the actual characteristics and qualities that you're looking what are the so as I said for us the most important thing is an interesting project so but in terms of characteristics a person yes what about the person are they ambitious yeah so we are looking for so finance is a is a career where you need to work very hard okay you need to be you need to have certain qualities in terms of for example be comfortable doing maths you also need to have an understanding of the business world in general and what's happening in the financial world in the wider economy and so on and so forth so we are looking for those kind of characteristics are the people who are really curious do they want to find out about these products for example if you wanted to asset management have you had a personal portfolio that you have invested in and can tell us something about it and so on and so forth so we're looking for real interest from a wide variety of backgrounds on it's not just from a finance background any background but who have a real interest and passion for finance okay let's take the next question bullying teacher economic or professional from the fight of finance yes not all I guess but yes there are some professional care investors so what's the proportion you would say in the classes that you've taken of academics who are your teachers people who are just researchers and professors opposed to people who actually have jobs in the field 5050 but I'm not sure what it relate no so let me answer that question so the way we kind of structured the program is that the core courses in finance the basics of finance those generally tend to be done by academics in finance the permanent faculty in a sec so in options course or a corporate finance course and so on and so forth so those are the courses that you do at the beginning of the program like is now doing there are elective courses that you do based on the track that you have picked financial markets corporate finance and asset management in the second and third term and lot of those courses tend to be provided by professionals in the field to give you an example there is a private equity course which people from corporate finance – and that's done by a CEO of a major private equity firm in France here and so on so we have a healthy balance if you're looking for a number I would say a Pauline is right it's round fifty-fifty okay so these professionals who are working in the field finance is a very hard-working industry as you were saying how much access do students actually have to these professionals whenever they're not in the classroom are they responsive to emails yeah they're very responsive to emails a lot of the times these professionals are teaching in the program tend to be graduates of the program so they have a real passion in improving the program and giving something back to the program and helping the future generation of students so I would say they are very responsive and they offer an excellent opportunity for students to network what has been your experience outside of the classroom with professors Pauline you've been able to approach them if you need extra help or if you have a question yes we even have one teacher who let us is primate-like phone number because if you have a problem we can only call him and it will answer and solve the problem so really is there available sounds very personable to me let's see the next question sweetheart will you read this please is this program useful if I want to work in finance in the nonprofit NGO sector or should I focus my studies otherwise I would say yes I'm a bit hesitant in the sense that a great majority of our students are looking for a career in banking or Investment Banking corporate finance and such fields there are I guess very few students who are looking for a career in non-profit or NGO on the other hand I would say that ESSEC is a school which has which is very well known for social entrepreneurship we are one of the first schools in whole of France in the world you have a program in social entrepreneurship and help people do that so I would say the greater environment the environment in a sec does provide you with an opportunity to to kind of network and do those things that you want to do in terms of the program itself I don't think there is any difference between finance in an NGO or finance as traditionally done what you need is more help in terms of the context and that sa can provide you with so they can still take this program and it would still be beneficial to ya their career goals yeah for the UN or yeah you're looking with the UN or working for NGOs or yeah oh sure all right we're gonna take a quick break from the face to face because it is time for three words max our guests have three words to describe their program and they get one phrase to explain each word so who is going to give me the first word diversity okay and because all the students have different backgrounds and it's what I've been different nationality so it's let's make it also really interesting is a program very good and number two sweetheart I would say top ranked still words so we are very highly ranked in the Financial Times ranking and we have been consistently very highly ranked so it's good in the sense that it gives external validity to what we are doing and it tells you something about the quality of the program okay in a very last word I can do it I will say fun because even if you workout and it's intense you really have a lot of fun that's the most important thing yes all right let's get back to the questions fit heart will you read the next one please do we get to choose which city we start in Sergey or Singapore so the way it works is that you need to make your application or you need to choose which city you want to start when you may when you apply to the program and once you are accepted and your you start in that city say you apply to start in Singapore you start in Singapore and once you start in Singapore we will open the process for you if you want to change your world or if you want to switch campuses so what is that process to change campuses well what we are looking for is essentially it's a process in which you make an application and there is an administrative thing that we have to do but more importantly suppose you are in you are in France and you want to go to Singapore there are certain formalities in terms of visa and other things that we need to do so we are looking at so we are looking to start the process so that we can help you with this so how many students choose how is the division of students between the sarony program and so this year for example we have around 80 students in Sergi and we have around 25 students in Singapore and this year there are around five students were chosen to go from Sergi to Singapore and there are five who have chosen to come from Singapore to surgery okay let's take well so I was gonna ask you Pauline are you doing the entire program in France or will you be switching I will do the entire program in surgery okay all right let's take this next question suit heart can I get a finance job anywhere in this world with this degree say Goldman Sachs in New York or London I would say yes for sure you just need to note one thing that the top investment banks if they have a regional way in which they recruit so for example Goldman Sachs the European office of Goldman Sachs which is in London would come and recruit from us from France and other European countries the Goldman Sachs from America wouldn't come here to recruit for obvious reasons because they focus on the American schools and also because of the visa issue so I would say yes you can work but it more likely that you would work in Europe or in London rather than in America if you do the program with us so you were saying top banks come to recruit what are some of the other top firms that come and recruit at ESSEC so in terms of banks it's Goldman Sachs Morgan Stanley Merrill Lynch HSBC Barclays Citibank RBI which the private equity firm and of course the big French banks Societe Generale BNP Paribas crédit Agricole General Electric Procter & Gamble and what is this recruitment process do you have a jobs fair or careers fair so for the for the big banks the way typically works is that you need to make an online application and then they would call you for an assessment center in London or Paris wherever the bank is based and put you through a series of interviews before giving you a job so you're not actually organizing any no no no so that so that's one aspect to help students network we do organize a career fair in Paris during the month of October where all the banks come and pitch themselves saying what are the offerings they have in addition to that at the end of September beginning of October we organize a study trip to London so that the students can go meet the top banks we organize visits to all the top banks they can meet the people working in those banks and network with them so this Careers Fair in October did you go Pauline yes I once tell me about it what was it like who was there I know a lot of top banks are ECG and JP Morgan and Goldman Sachs many other broad shield also you just passed out your CV to everyone how did it work yes it was like a carry feel like each Bank has a small box and we only went to the bank we were interested in and say hello my name is Pauline this is my CV many callbacks has anybody called you years ago me all they gave me some some advice for the interview or the assessment centres did you find it helpful yes read from at least you have some contacts and you have more information about how is a process to recruit so that's good all right let's take the next question sweetheart I have a master one degree from doe Fein with grades around 13 to 13 out of 20 do have my chances do you accept a majority of back plus five students no we do accept a lot of back four plus four students and most of the international students tend to come with a back plus four background so yeah I would say yeah you have you seem to have good grades 13 out of 20 so please I encourage you to apply 39:20 you consider that younger to apply as I said it's the entire package you are looking for and not just one aspect all right next question bullying we read this please does this program accreditation I would say yes and then we let her tell her but via I guess the only program in France the master in finance which has been accredited by the state which has been accredited by the French Ministry of Higher Education Program in France no other program in France as far as I know has been accredited by the French Ministry of Higher Education at the m2 level the advantage of this is that international students who come to do the program once they finish the program automatically have a visa for two years to work in France two years yeah up to two years what about international accreditation what's the recognition of this degree outside of France and Europe so ASEC Business School as a whole is accredited by all the major agencies AACSB Equis is a MBA and so on and so forth so we have all the major accreditations in terms of international accreditation or in terms of international recognition I already told you about the Financial Times ranking we're number three in that we recently there was a qsr world ranking of mastering finance programs around the world and we were ranked number 10 in the world so that's external validation again that we are ranked alright well we have a question for the amount of working the program is it possible to work part-time to finance it I would say yes because I have a part-time job I'm a receptionist in the hotel today I don't have classes but the program is really intense so I will not recommend it but you can do it so what's your work rhythm how many hours a week are you working 12 hours a week okay and then how many hours a week are you in class I mean 18 or 18 hours but then we have a lot of work to do at home so just going to school is a full-time job yes so how do you how do you get by how does it I have less weekends do you feel like you're missing out on anything in school by having a part-time job no I don't think so it's only like complementary and I would like to work I'm already not at all but I like working so for me it's okay it's only interesting to have both like the student part and also they're working left out are there a lot of other students who also have part-time jobs I think I'm the only one alright let's take the next question what does a thesis have to be is it mandatory or just for those who want to continue our academia the thesis is not mandatory you can either do the thesis academic thesis or you can do an internship so you have to choose either one of them so it's not mandatory and typically as you rightly pointed out someone who wants to do academia or who wants to a PhD I imagine would want to do a thesis because it tends to be very academic but if you want to work then most of them are 99% of our students tend to do an internship so what kind of support you have in place for students who decide to do the thesis so to do a thesis you will have a thesis supervisor who tends to be a full-time faculty at a sec and normally the the thesis supervisor would be an expert in the area in which you want to work suppose you want to work in fixed income we have professors who do research in fixed income where projects and fixed income and they would supervise you and also help you by giving you some projects to work on and then what's the typical length of the thesis process when it's students typically finish their thesis so they're supposed to start the thesis mid May or beginning of June once the course is finished and typically they have three months to do it so I would say three to four months so then they have to write the thesis and then there is a defense of the thesis there's a oral defense of the thesis where you present and defend your thesis okay we have another question for Pauline here hi Pauline has been your favorite part of the program what would you change I won't change anything because we have my favorite part is the part where we are all together events when only for working not for having fun that we are really a good class we will really close together and being like I've spent 12 hours a day some time with some of my classmates and this is a really my favorite part on the one change anything yeah you were mentioning that even on the days that you don't have class you still go out this energy to do your homework yes exactly like in the month of September if it is the most intense months I've been to surgery until 2:00 a.m. sometimes for my open that late until to a library no but there are some rooms where we can study so I mean working alone are you working with your classmates I was working with my classmate and thanks to SM because alone I think I would and I would have give up so you really help each other yes okay how are you helping each other how do you collaborate only by saying first by saying yeah now we have to work motivation motivational and then because I told you we are all happy diversify background we help each other because I can understand something and another can understand another and we help each other by that by doing that so it's an exchange as much as okay excellent let's take the next question sweetheart what are the chances to get a scholarship how the selection process is organized so once you make an application to the program will automatically consider you for a scholarship you need not make a separate application for the scholarship and if we think that yeah if you like your profile if we we might offer your scholarship and we make that decision as part of that mission process how the selection process is organized there are four rounds of application so you need the application process entirely online so you need to go online fill in the form give us some documents and there are certain deadlines of the four rounds so the first round was just over the end of November the second round will be somewhere in January the third round in March and me so you can look up the website to see the exact dates I don't remember the exact date and this is all for international students as well yeah for everyone the selection process is the same you just go online fill in a form provide us with some documents and then we'll do the rest and how many giving the scholarships it depends from year to year but in a in a year we tend to give at least 10 to 12 I would say 10 to 12 scholarships I also would like to point out that in addition to the scholarships that si gives one of the big private equity firms in France you sponsor a few scholarships for the master in finance students at a sec and is this cover all tuition fees so it depends so it depends what we give so normally we tend to give a 1/3 off of this of the tuition fee that tends to be the amount of scholarship that we give but it depends in some cases we have given more than half and so on and so all right well we are halfway through the interview and if that can only mean one thing yes that's right it is time for Russian roulette well they get the best or will they get the worst there's only one way to find out so Pauline you have the honors best Association Society okay what does it sound like you have too much time to participate in associations to do it to do it before and because it's my third year at the SEC so I used to it's a sec before right now and I'm not part of the video but I know I know that some students are from the doing video or sectoral section so what is this what is the video video it's the association of student basically organizing party and everything and the SEC transaction it's an association of people would love finance okay so why did you like the video so much what what did you like you you basically organize events on you ever was the same you have a team and you feel part of something so it's good and is it parties just for the association or no students and masters all semesters it's give me an example of some of your favorite events that you organized last year organize one of the biggest party yet the second we stole a cathedral it's where the forbidden of it's a cure meet together and we have the change to meet other students from author master all of the conical or the BBA also so it was interesting and are there international students in this association as well yes international like there is no difference you are part of a second anyways okay soon are do you have a favorite Association I would say there's a transaxial well I'm hard to the right person to ask I guess in the sense the Association lobby do is the Students Union and they do great parties I've seen that you can see that it's cool evidence of that but I would say there SEC transaction society because they work very closely with the department as well as the master program in doing various activities like what for example they invite speakers alumni who have done well in the finance field who come and talk to us they were they helped us when we organized the study trip to London for example and yeah and they organise for example mock interviews for students to prepare CV sessions and yeah lots of things all right let's get back to the face of face we'll take the next question Pauline will you read this please well si helped me find a job when I graduate yes we are we have worker centers and as I said we went to study trip to find a job to find an internship or a job so a sec is really here to help us finally find a job because it's the finality at the end we are we have this master to have a job not only to of this master so what are some of the services that the Career Center offers you besides just job listings both days there is a job offers they offer you sometimes you can take an apartment too so they review your CV your motivation later cover later and also we have some station when you can prepare interview they ask you some question okay just to add to what Pauline said one of the most important supports that we give in the master in finance is a specialized training when you the program to prepare you for investment banking applications both for the summer internship and graduate programs mainly summer internships so that's done over weekends that's done over three weekends and as soon as you enter the program we have specialized people who come talk to you so how to go through the application process and there are bankers who come and talk to you what you write in the application how do you prepare for those things and of course we have lots of networking sessions like as part of the mastering finance program we have introduction to financial career seminars so where people from various different professions within finance come and talk to students about what they do own it so what are some of the particularity Zoar specificities of applying to Investment Banking jobs that that's different from applying to other jobs so extra helpful yeah so as compared to other jobs the investment banking application process is very particular in the sense that of course you have to fill in the application which I guess most of them have to do but more and more most of the investment banks they have what is known as an maths test when you're doing the when you are doing the application a lot of investment banks nowadays have video interviews wherein you have some questions you have to kind of answer the questions and upload a video about yourself and of course the whole investment banking application process tends to be very rigorous very involved I'm going to say you need to spend a lot of time and of course given that it's very competitive you want to do your best when you're doing that and so after students graduate if they find a job and they move on and they want to change jobs do they still have access to the SS career services how long do they have access to this so they have access to the SEC Career Service or a sec alumna throughout their life so once you graduate from ASIC you are an sa graduate and you'll always be welcome so the the SEC alumni which they will be part of once they graduate they have regular coaching sessions and they also have networking sessions for you to help find jobs we in the master in finance ourselves when we go on a study trip which I briefly mentioned in London in various other places we do organize alumni events so that connecting the Alumni with the current students and also amongst themselves and so last question how does it usually how long does it usually take students to find a job after they graduate most of them have an internship as before they graduate like once difference so the internship is part of the process it's part of the in terms of a full-time job so in a full-time job most of them who have an internship tend to convert their internship into a job so I would say around 70 to 80 percent would have a job offer based on the internship that they have done and they would have a job by the time they graduate all right let's take the next question Pauline in terms of contents of courses has a lot of students have already studied finance in advance wages a student feels the courses are repetitive I would say no because it's really intense so if you know something before it's a plus for you because you will know something in in one person so I have less to learn from one courses but you have a work more for another courses they don't think it's repetitive okay so in the in the dossier of students that you're admitting how many of them have studied finance already so from a business background I would say around I would say around thirty thirty around 25 to 30 students and are they repeating a lot of the same content that they cover I don't think they're repeating a lot of the same content typically if you come from a business background you would have done some courses in finance but what the master in finance enables you to do is go into real depths and some of the scores like the financial markets course you go do advanced stuff in terms of options advanced options and so on and so forth so like Pauline said it's a plus if you know it helps you hit the ground running when you come into the program but believe me you do get lots of new stuff that you will learn in the program have you ever had students request to be exempt from certain classes or to validate classes based on their previous experience so the way it works is that we have a set of core courses which everyone has to do and we don't give them exemptions for the core courses but what they also have to pick a set of electives and then they can choose the elective based on what their interests are and also what they have done in the past maybe they have done something already and they don't want to do that all right let's take the next question pulley can you tell me more about the study trip please I can I can tell I've been there I've already been on the study trip and I've been to London trips trip it's in April got it so yeah maybe I'll tell you about the study trip so an important part of the program is the study trip it has some credit so it's compulsory for all of them to come for the study trip the study trip is normally to a major financial destination in the world in October we or we go to London to prepare for the summer internships and meet the banks in London so normally the study trip tends to be the place other than London and two of the destinations where we are going this year because the class is big and we don't go to just one place we're going to go to New York and Hong Kong this is everyone go to go on both trips no no so you have to choose we go at the same time at the beginning of April so you have to choose if you want to go to New York and if you want to go to ha or if you want to go to Hong Kong in fact it's the students who select the destination where they want to go and it's the students who organise the study trip they are the ones who will write to the banks right to the financial institutions get the appointments and organize the study trip we will provide all the support and the guidance but they are the ones who are working to organize the study trip so the idea behind the study trip is to go and meet some of the top professionals in these places understand what they are doing understand the latest developments in finance and also of course to network and try to find internship and also I mean it's a finance is a small voice so it's important that you network meet the alumni and be in touch so they're meeting all these banks they're meeting all these big executives yeah do they have time to have fun yeah so the way we normally organise a study trip is it's an important question that you raised if we normally organize the stereotype is we go for a week that has the study trip starts on a Monday and goes on up to the next weekend that is the end of Sunday we organized visits for four days there's Monday to Thursday and normally the weekend Friday to sadden Sunday we allow the students to have fun are there extra costs associated with the trip so part of the course is part of the fees which is covered by that but yeah you do like the part that is covered by a sec which is not sufficient for the entire study trip so yeah there is some cost that you will have to bear how much cost usually it depends on where you stay and so on and so forth but I would say around thousand euros okay okay around thousand euros Pauline so you have two choices of where to go on your study trip are you gonna go to New York you're going to Hong Kong why New York I prefer for me finance in my head it's Wall Street and everything so I needed to see in New York for that all right and will you be meeting with any companies for the moment appointment are not done yet but of course I will meet some companies yeah but in terms of sending your CV and looking for potential internships yes of course I will I will network and if I don't have an internship yet in April I will I will try to take the change to our owners or an opportunity and last question sweetheart do students often find internships through these study trips or does it happen that they find internships or jobs yeah it depends sometimes yeah I'm not saying that everyone does it but yeah like to give you a concrete example last year we went on a study trip we went to New York I went to New York I was the professor going to New York and we went to Deloitte Deloitte valuation services they made a presentation there and we had an opportunity to network and one of the students connected with the senior partner and he put her in touch with someone in the China office and she found a job not only an internship to go on these trips yeah all right let's take the next question sweetheart hello I'm currently following a Bachelor in international business in three years how many places are you offering and how does the two-year program work there is no number of places are I mean to say we'll take as many students as we think are good and so on and so forth so there is no upper bound to the number of students that we have in mind as regards the two-year program the way it works is in the first year in the first term you are expected to do five courses that is a Tobit or December term five courses in finance strategy accounting law wide variety of choices essentially the courses available from the for the grande ecole students and then from January to June or September you expected to do a minimum of four month internship and once you finish that from September you join the master in finance batch from the next year alright let's take the next question here how we read this place if I have a double degree bachelor program in Russia with us diploma of Maryland University in finance which have been studying online for three years do have to take IELTS know if you can demonstrate to us that you have done your education in English then it's not necessary for you to take a IL TS test so that would just be an interview or yeah interview or if you just tell us that the program is in English that's enough for us all right well at this point I think everybody would like to know if ESIC has a sense of humor and we're going to do that by taking a step sideways all right here's your step sideways right here Pauline I will let you read this question for me if a second story has as innovative and cutting edge as it claims solely to school that's a big confrontation you think maybe later on not quite yet sweetheart what are you saying I must point out that we do have lots of interest in Bitcoin in the blockchain technology so this year based on the demand of the students we are going to organize a seminar in FinTech for students who know more about Bitcoin and to understand what's going on there but I think we are not at the stage where we can accept payments in Bitcoin just too volatile for me well so you don't currently offer any kind of curriculum that that touches on Bitcoin but you're organizing this FinTech Simon yeah yes what will you be doing with that so it's a seminar in FinTech so so what's going to happen is we are going to ask someone to lead the seminar or person who has experience in startups and other things and what the person is going to do is going to advise to are going to get a bunch of entrepreneurs who started their own FinTech startups and tell us about their experience as to what they have done and there are a couple of ventures I looked at the list who have some interest in the blockchain technology and Bitcoin and they're going to come and tell us about it so what do you think about Bitcoin pooling are you and your classmates discussing this is this a topic of conversation yes more like everyday now but I don't have a straight-up Union about it let's see other dudes and I will see it are just absorbing right yeah we're all still trying to figure out exactly what is Bitcoin yeah all right let's get back to the questions and it's for you pauline happily and why did you choose a sec for finance why do you want to do after well i choose a sec for finals because i was already at a sec I didn't house RMD years there I really like this I can I think it's a good great place to to learn and it's offer you got a lot of opportunities and why do I want to do after I would like to pursue my career in asset management more in real estate because to be precise but I will see so did you look at other schools whenever you were considering doing masters in finance or it was always going to be a sec it will be are you toes it gonna be a sec for me it was a second opinion do you know people in finance who are doing programs at other schools I know some that are doing as you say finance all the things and do you compare programs and talk about not not really like we basically talk about classes but we all love the same topic so James okay and so sweetheart what would you say are some of the top selling points of s SEC if a student is hesitating between schools so like Pauline pointed out I would say it's that most fear that we provide at the end of the day if you compare programs in terms of content they don't differ much finances finance you can't be very different about it but what I say is a Sikh has a great learning environment it has an environment where professors are easily accessible it's got a very easygoing atmosphere and students like what we find is that the students who come to a sect they really like to collaborate with each other and work together in teams and that's the feedback we have from our employee all right let's take the next question Pauline what kinds of project do you work on any real business cases well there is a digital week in February with associate attorney Ron but today I'm telling ya so yeah like I was saying in February during the vacation we are going to organize two days of digital week competitions where Societe Generale is going to come and going to give us a set of projects real-life business situations that they face and walk the want the students to work on so the students will work on that and give their recommendations and present to a jury which consists of the top management of society general so that's one way we do cater to what's happening in the real world the other ways that like Pauline is taking a course on asset management simulation so it's a simulation game where you work or you build a portfolio of real stocks and so on and so forth in a simulated environment we have simulated trading games and so there are lots of opportunities for you to get a real-world experience so during the digital business or the digital week yeah what are some examples of some of the cases students have worked on in the past so for example in the past students have worked on payment systems like technology may enabled payment systems okay they have worked on risk management systems for the bank they have worked on capital adequacy and stuff like that so they've worked on a variety of things which which banks and institutions face on a day to day basis and do they actually implement some of the recommendations from students I guess so because society generally will go back with all the recommendations then it's up to Society general but since it's their managers who are going to be guiding the process I think the inputs we provide would be useful for them and thinking about the solutions that they're looking for so probably you haven't yet done the digital week but you've had plenty of work what are your day-to-day assignments like what are you working on yes it's management submission game where we have to be in group and create a portfolio and invest then we have some group project about some case studies and we have also some group exercises to do everything even when it's individual work we often work in groups because it's also the aim of its actuator network and your classmates are your best network at the end all right very good let's take the next question and Alex sweetheart read this he do you offer support to obtain visas for international students the answer is yes I'm going to say once you have an admission offer from SI we will give you all the help that's necessary for you to get a visa and come to France to do the program so do they start that process before they leave their home country or do they what do they have to do when they get here to France so there is a visa that's required to come to France so once you have the admission letter we'll give you all the documents so that you can get the visa to come to France once you are in France there is an administrative process by which you need to register with the perfect you'll get a get some sort of documents so we'll help you with that too and so then what about housing because housing is not so simple to find as a student and especially if you're not here to look for it yeah what about finding a house or a place to live that's also covered if you are an international student we have halls of residence and we will be guarantee you a place if you are an international student in one of our halls of residence in Sergi in France we guarantee your place some people prefer to live in the hall of residence others form groups and take an apartment on rent and live together so it depends on what your choices are but if you are an international student rest assured you will have a place in one of our halls of residence excellent let's take the next question and I will let Pauline read this hello they have the option to take any classes in furniture is it only in English it's only in English only I know that international students has to follow French classes certainly so are there any finance classes that they could take in French if they wanted yeah so the program is mainly in English as Pauline pointed out but there are some classes which are available as part of the other programs in a sec which are given in French and if some student is interested we can always allow him or her to do that for example there is a course in real estate by Michel Baroni a professor Michelle Bernard was academic director of the program he does approve his course in French because it's offered for a different program and we do allow master and Finance students to do it so would this be any of the core courses or only electives it's usually only electives not the core courses alright let's take the next question Pauline it's professional experience important for admission I would say yes otherwise you have to do a two-year program but let's know in the sense that a professional experience is not not required for you to be admitted to the program but it helps us evaluate your dos here better your file better if we can see that you already have done an internship in finance or an area related to finance not necessarily only in a top invest man go so you have done an accounting internship or you have done an internship somewhere it kind of tells us that you are motivated for a career in finance so what if they're if they do have professional experience but it's not related to finance do you still yeah I'm fine we do take that in to experience that we do take that into account because any experience is valuable you do have some business perspective and that's always helpful all right let's take the next question it's showing up here sweetheart if I come from outside the EU is it possible to work in France after graduation so you mentioned this earlier yeah yes we are a program that is accredited by the state so you automatically have a visa to work in France after you graduate from the program is it difficult for international students to find jobs in France if they want to stay or it's not difficult I will say it does tend to be true that you need to speak a bit of French to be able to work in France that's why we offer a French course and you need to be comfortable talking in French but if you can do that yeah I mean say there are lots of international students work in France in Paris in particular is that typically what they wanted your international students is that typically what they want to do do they want to stay in France or do they tend to go back to their home countries or find jobs else typically most of the international students are looking for a career in Europe or Asia as the case may be and that's why they want to do the program here so yeah we do provide all the opportunities to them to do that okay next question bullying your classes with ours are six programs I would say the class is new but has says shitara the elective yes we can choose elective from other programs okay so let us go ahead so the elective courses are typically joint with the grande Ecole program the elective courses that will offer in term two and three so you will have because the core courses we have a big class and we cannot accommodate students from other programs of a second to the core classes but the electives they tend to be in smaller groups and then we can alright we have a long question here sweetheart let you read this is the program more technical than the CFA program or is it enough to study the CFA to work in the asset management industry what's the value add if you want to become portfolio manager yeah so so we are our program is a CFA program partner which means that 80% 70 to 80 percent of the CFA exams curriculum is covered by our program okay but the CFA program tends to be very specific it's geared towards asset management or portfolio management as the question rightly points out our our program is much more broader if we give students an overview and across all fields corporate finance financial markets and asset management and then allow them to specialize what is the value added if you want to become a portfolio manager I would say that giving up doing our program doing the internship will provide you with a stepping stone into the field into portfolio management into asset management but at senior levels in asset management you do need to have a CFA degree you do need to have a CFA degree so I would say it's complementary to the CFA okay Pauline I think you might be able to answer this next question well you have the whole s accomplished well it's really unlike a small town you have a bar he wants you have a sports regime you can do everything you want and also you have near the campus you have sales Aleppo which is like a mini small town when you can burn it's cool so in terms of getting to sounds you have someone's living in Paris what's transportation like how long does it take basically which is a train takes depend where you live but from La défense is about 45 minutes so it's not that far ok so do people actually hang out in Sanji or do they just go to class and get out if they don't live they are guard hlg tonight because of choice I think it's full of restaurant finance students that's the box it's the most important school all right so I think we were almost out of time and I want to end with something nice for for you so it is time for the sweetest so we would like to know what has been your favorite question or moment from the interview and we will start with Pauline I like the question was like what what do you have time outside classes do you have a bad job because it make you I think I don't sir like the way that you it's intense but you have also a good part out of classes where you have to share with classmates and everything so you're spending time with your classmates outside of class as well like you become you're making new friends and you're not just networking for business no no it's actually forming relationships with these people exactly yes alright and for you sit hard for me the Bitcoin question well I think it's very interesting I mean say it was a very practical question that and funny that you accept payment in Bitcoin but given that Bitcoin so much in the news and so much part of finance and visa industry we as academics are kind of trying to understand what's going on there I think it was very relevant well I hope that SEC figures it out soon for the for the benefit of all of us thank you very much for coming in today and sharing your insights and thank you for watching we'll see you again very soon right here on campus Channel

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