SPOTLIGHT ON A SIMULATION: ASSET MANAGEMENT
Piers Curran, former HSBC Analyst and AmplifyME Co-Founder dives into the motivation behind our Asset Management simulations, designed to practically apply financial theories and enhance academic performance. Discover how AmplifyME seamlessly integrates with university programs and uncover the pivotal role they play in shaping early careers, attracting financial institutions like Morgan Stanley and UBS.
Jan 18
/
Rachel Aspinall
AmplifyME Co-Founder, Piers Curran, started his
career in the Asset Management division at HSBC. We caught up with him about
his motivation for building AmplifyME's suite of asset management simulations,
the experience and learning outcomes the simulations provide and why it is the
perfect practical component to embed into undergraduate or postgraduate Investments
and Portfolio Management modules, or early careers programmes to attract and
assess new talent.
AmplifyME Co-Founder, Piers Curran, started his
career in the Asset Management division at HSBC.
We caught up with him about
his motivation for building AmplifyME's suite of asset management simulations,
the experience and learning outcomes the simulations provide and why it is the
perfect practical component to embed into undergraduate or postgraduate Investments
and Portfolio Management modules, or early careers programmes to attract and
assess new talent.
My main motivation behind designing and building
our suite of portfolio management simulations was to provide a safe environment
for students to apply theory and gain that key practical experience that can be
a game changer at the start of their careers.
An added bonus is that applying the theory often
results in students gaining a better understanding of the theory itself and,
therefore, achieving better grades in their university assessments.
My main motivation behind designing and building
our suite of portfolio management simulations was to provide a safe environment
for students to apply theory and gain that key practical experience that can be
a game changer at the start of their careers.
An added bonus is that applying the theory often
results in students gaining a better understanding of the theory itself and,
therefore, achieving better grades in their university assessments.
The simulation activities last
between one and three hours and involve students managing their own $20M
portfolio as they navigate through the ups and downs of the economic cycle.
Typically,
each game is based on a real 12-month period from the past to make the exercise
as close to the real thing as possible.
We use the real price data and the major macro and
micro headline news from that year.
We then speed things up so that students
get a 12-month investment experience within 2 hours.
Each student is initially tasked with building their portfolios using
some economic research as guidance.
Designing their asset allocation strategy,
they then manage their portfolios, changing their tactical positioning in
response to unfolding price volatility and breaking news.
Their key objectives are to generate as much return
on investment as possible whilst staying within the investment constraints set
by the client.
The simulation activities last
between one and three hours and involve students managing their own $20M
portfolio as they navigate through the ups and downs of the economic cycle.
Typically,
each game is based on a real 12-month period from the past to make the exercise
as close to the real thing as possible.
We use the real price data and the major macro and
micro headline news from that year.
We then speed things up so that students
get a 12-month investment experience within 2 hours.
Each student is initially tasked with building their portfolios using
some economic research as guidance.
Designing their asset allocation strategy,
they then manage their portfolios, changing their tactical positioning in
response to unfolding price volatility and breaking news.
Their key objectives are to generate as much return
on investment as possible whilst staying within the investment constraints set
by the client.
Our asset management
simulations play a central role in the attraction, internship, and L&D
programs of the world’s largest asset managers and investment banks, including
Morgan Stanley, UBS, Royal Bank of Canada, and LGIM.
We work closely with our institutional clients to tailor the experience to best
fit their objectives, whether we’re developing a simulation experience for the
spring insight or summer internship programmes or hosting an asset
management-focussed university campus event to attract a diverse graduate
audience and raise the profile of job opportunities at your institution.
Our asset management
simulations play a central role in the attraction, internship, and L&D
programs of the world’s largest asset managers and investment banks, including
Morgan Stanley, UBS, Royal Bank of Canada, and LGIM.
We work closely with our institutional clients to tailor the experience to best
fit their objectives, whether we’re developing a simulation experience for the
spring insight or summer internship programmes or hosting an asset
management-focussed university campus event to attract a diverse graduate
audience and raise the profile of job opportunities at your institution.
At a top level, the learning outcomes of the simulations are key general skills that can help students better understand the world of global markets and help them successfully navigate the finance industry's recruitment cycle.
Skills such as:
• An understanding of how news and changing economic scenarios drives asset price movement.
• An understanding of the correlations within and between asset classes. A sense of what it is like to take and manage risk.
• The process of quick analysis and executing subsequent action plans all within the uncertain environment of global markets.
• An insight into the behavioural nature of markets and how their own decision making is impacted by their psychology and emotions when experiencing profit and loss.
More specifically, the learning outcomes map across very well to the theory and learning outcomes of MSc and BSc modules such as: Portfolio management, Economics, Investments, ESG & Sustainable finance, Securities, Risk Management, Behavioural Finance / Psychology.
Finally, the simulations can be great standalone exercises that fill seminar slots in the curriculum timetable or packaged together to form a 2, 3 or 5-day bootcamp at the end of a semester, or the academic year.
The bootcamp aims to turbocharge students' employability for roles in finance at the end of a semester or academic year.
Get in touch to learn more about how we positively impact early careers and academic finance programmes.
At a top level, the learning outcomes of the simulations are key general skills that can help students better understand the world of global markets and help them successfully navigate the finance industry's recruitment cycle.
Skills such as:
• An understanding of how news and changing economic scenarios drives asset price movement.
• An understanding of the correlations within and between asset classes. A sense of what it is like to take and manage risk.
• The process of quick analysis and executing subsequent action plans all within the uncertain environment of global markets.
• An insight into the behavioural nature of markets and how their own decision making is impacted by their psychology and emotions when experiencing profit and loss.
More specifically, the learning outcomes map across very well to the theory and learning outcomes of MSc and BSc modules such as: Portfolio management, Economics, Investments, ESG & Sustainable finance, Securities, Risk Management, Behavioural Finance / Psychology.
Finally, the simulations can be great standalone exercises that fill seminar slots in the curriculum timetable or packaged together to form a 2, 3 or 5-day bootcamp at the end of a semester, or the academic year.
The bootcamp aims to turbocharge students' employability for roles in finance at the end of a semester or academic year.
Get in touch to learn more about how we can help your institution today.
+44 (0) 203 372 8415
info@amplifyme.com
