Skip to ContentSkip to Navigation
Over onsNieuws en agendaNieuwsberichten

IFM students winners of International Finance Battle!

10 November 2011
MSc IFM ( International Financial Management ) students Rowan Nijboer, Teatske Anne Bergsma and Xiaofei Zhang won the International Finance Battle 2011. Their team, who worked on a financial case of the Royal Bank of Scotland was selected winner on 7 November at the Holland Finance Center conference in Amsterdam. They came up with a creative, crowd sourcing solution for the IPO market.

In this year's International Finance Battle approximately 200 Bachelor and Master (under)graduates competed in two preliminary rounds and one final. Renowned companies provided challenging cases to test students’ knowledge and expertise. Multidisciplinary teams of five students worked together with a case-instructor on the case. At the end of the day, they pitched their ideas and solutions to an expert jury consisting of CEO’s, directors and professors.

Sjoerd van Keulen (chairman Holland Finance Center conference), Willem Kröner (Head of Corporate Finance Group at RBS), and the team: Alisa Kurasova, Xiaofei Zhang, Teatske-Anne Bergsma, Rowan Nijboer and Debby Broos.
Sjoerd van Keulen (chairman Holland Finance Center conference), Willem Kröner (Head of Corporate Finance Group at RBS), and the team: Alisa Kurasova, Xiaofei Zhang, Teatske-Anne Bergsma, Rowan Nijboer and Debby Broos.

Team
The team with IFM students Rowan Nijboer, Teatske Anne Bergsma and Xiaofei Zhang was one of ten teams who entered the finals on 28 October in Amsterdam which they won! The three best teams of the finals were also invited to the Holland Finance Center Conference on 7 November, where CEO's and CFO's of the top of the financial sector judged the ideas once more. The team won again, according to the jury and the public, because of the creativeness and innovativeness of the idea.

IPO
The case RBS provided was about the 'IPO market', that is currently locked. Initial Public Offering (IPO) is the first sale of stock by a private company to the public. In an IPO, the issuer obtains the assistance of an underwriting firm, which helps it determine the type, best price and time of stock to issue to the market. Instead of an underwriting firm, the team came up with a crowd sourcing solution: WikIPO. WikIPO can be the platform where investors and companies meet in an early stage.

On Tuesday 8 November the team had the honour of closing NYSE – Euronext with the famous chime, at the end of the trading day.

Last modified:16 February 2018 3.39 p.m.

More news

  • 21 January 2019

    Change | Inaugural lecture by Nancy Kamp-Roelands on 22 January

    Our external environment is changing fast with huge environmental, social, economic and technological challenges. Also the role of business in society is changing. Achieving long term value creation to multiple stakeholders with a more purpose driven...

  • 16 January 2019

    Loyalty is at the heart of the matter

    Selling as much detergent and ketchup as possible is no longer the holy grail in marketing, says Professor Tammo Bijmolt. He is involved, for example, in a ‘savings programme’ that stimulates medication compliance among cardiovascular patients. ‘This...

  • 15 January 2019

    Results control in the public sector raises motivation and performance

    Using results to manage and control public sector employees appears to have a positive effect. So-called ‘results control’ increases extrinsic motivation among staff and improves the department’s overall performance. These are the conclusions of Professor...