From September 9 to November 29, 2019, the first International Trading Challenge will take place, in which students from universities and business schools from all over the world will compete against each other in exchange trading under real conditions. In an interview, the WHU Finance Society, the student club that is behind the event, answers five questions.
When was the WHU Finance Society founded and what are its goals?
The WHU Finance Society is the school’s oldest student club founded in 1996 by students with great enthusiasm for finance. It is entirely run by students whose aim is to provide its members with deep insights, inspiring events, academic sessions, and workshops, as well as beneficial networking opportunities.
Why is finance so crucial to you, and how do you inspire others?
The financial sector is an exciting, fast-paced, and competitive industry with a steep learning curve, as well as rewarding career opportunities. Given the fact that many students at WHU strive for a career in finance, we desire to help students prepare for a career in this field. Therefore, we provide them both with access to a broad network and with information sessions for their interviews and internships. In doing so, representatives of our partner companies discuss topics including investment banking, private equity, or sales and trading. Members of the Finance Society also get the chance to look behind the walls of leading investment banks by attending the annual Frankfurt Tour, one of our most popular events. This year's tour will incorporate visits to Rothschild, Deutsche Bank, and Citigroup.
How important are corporate cooperations for you?
The WHU Finance Society strongly benefits from collaborating with companies that are active in the financial industry. On the one side, our student club receives support from corporate partners through sponsorship agreements. For instance, the Citigroup recently decided to work with us more closely, which not only broadens our financial horizon but also enlarges our network. On the other side, WHU students can connect with finance experts from renowned companies. This enables students to expand their knowledge in finance through personal discussions and workshops. Besides, they can make use of our network by making a good impression and potentially stay in touch for internship opportunities.
Who can join your student club, and how can students get involved?
All WHU students can actively get involved in the WHU Finance Society, either as members or directors. The roles within our student club are divided between Bachelor and Master students. By becoming a director, the Bachelor students assume responsibility for their position within the group, help organize various events, and contribute to the initiative’s overall performance. On the other hand, Master students take care of the Deal Logic resort focusing on the regular publishing of M&A reviews for subscribers. Nevertheless, students can also join the Finance Society as a simple member in which they benefit from many exclusive events such as the Frankfurt Tour (13.09.2019), workshops, or the International Trading Challenge.
What kind of events do you organize?
Starting this September, the WHU Finance Society will host the first International Trading Challenge for students from universities and business schools around the globe. For almost three months, from September 9, until November 29, 2019, students can not only showcase their skills and trade under real conditions but also get rewarded with great prizes. The event will be held in cooperation with Refinitv, Byteworx, and the WHU Finance Lab. Amongst others, participants can win prizes like the newest MacBook Air, Sonos Music Systems or Licenses for the Eikon terminal from Refinitiv for the university with the best traders.
Participation in the competition is free of charge. If you are interested in participating, you can register under the following link: tradingchallenge.clevertrader.de