23
Jul

IE India Club: Diwali/ Deepavali celebration at IE.

Written on July 23, 2018 by Campus Life in Geographic

India is a spiritual country, festivals are at the heart of people’s lives in India. The numerous and varied festivals that are held throughout the year offer a unique way of seeing India and its culture at its best. One such amazing festival is Diwali, the festival of lights, sees millions attend firework displays, prayers, and celebratory events across the world every autumn.

The festival is celebrated by Hindus, Sikhs, and Jains for a variety of reasons, although the main theme which runs throughout is the triumph of light over darkness and good over evil. To celebrate, houses are decorated with candles and colorful lights and huge firework displays are held while families feast and share gifts.

With the support of IE Campus life, IE India Club had an opportunity to organize an event followed by a dinner for Diwali 2017. We shared Indian ghee (Clarified Butter) sweets contributed by an Indian restaurant Sagar and Desi gourmet at the main buildings of IE which are MM31 and MM31 bis. we enjoyed the celebration by sharing sweets, greetings and Rangoli (Rangoli is known art form, in the Indian subcontinent, in which patterns are created on the floor in living rooms or courtyards using materials such as colored rice, dry flour, colored sand or flower petals). Many students participated in doing the Rangoli and decorating the stalls.

Later that night we all enjoyed a delicious Indian dinner at IBEX bar and Kitchen, tasting a variety of Indian traditional food and drinks. This year 2018, November 7th will be celebrated as Diwali. We hope to celebrate again here at IE with the support IE Campus Life better than ever before.

23
Jul

India: Political and Economic Outlook

Written on July 23, 2018 by Campus Life in Geographic

On 5th April 2018, the IE India Club in association with IE International Relations had the honor to host Mr. Surjit Bhalla, Economic Advisor to the Prime Minister of India at IE Business School. As a guest speaker, Mr. Bhalla introduced the various facts of the Indian economy and the economic system. He introduced the session by acknowledging the importance of the Spanish language in the financial world and in the world economy. Mr. Bhalla mentioned that the structural changes in India are so rapid that it was difficult to experience the same in any other economy other than India or China and highlighted the importance of Millennials in this change and their role as leaders and change recipients in the forefront in the era of structural changes.

He pointed an important note towards the Democracy. The fact that India being the largest democracy of the world is a boon, but it is also a bane in this time of changes and the bureaucracy hinders the speed which doesn’t happen in any other economy. This is what rises agony in millennials and Gen Y, but he reaffirms that Democracy is the element that differentiates the old conventional India to the new unconventional one. He also noted about the transition in the thought process of Indians about how it went from starting with logic and evidence-based economic journalism to a jaadu (magic) economics backed journalism where people are no more looking for evidence and are going beyond logic.

The conversation ended with Q&A by students who participated and asked questions about demonetization and its perceived benefits, unemployment in India and the social consequences followed as a result, education as a tool to raise social mobility in India, policies such as RTE, and “Make In India”.

23
Jul

IE Rugby Team at Hec

Written on July 23, 2018 by Campus Life in Sports

IERFC, forces depleted due to exams, travelled to Paris for the MBAT games, led by Mr Zeppel and Ms Finegan. Fortunately, we were able to recruit Messrs Meucci and Sommantico who very sportingly became the Club’s newest recruits. Regrettably contact rugby was not an option due to a lack of numbers. Besides this, Oxford and Cambridge boasting a number of international players smacked of bringing a gun to a knife fight; touch was perhaps the best option for IERFC.

To our utmost horror, the combination of an organisational error and a French referee (who did not do a whole lot to quell the unfair preconception that the French are surly or unhelpful) led to our first match being forfeited and our only chance at progressing through the rounds resting the other side of a showdown with Oxford. A tremendous match ensued: Messrs Fraser and Serrano were impenetrable in defence; Mr Gonzalez’s pace did for many an Oxford man; the side-stepping of Mmes Rees, Packing and Morgan would have made the Graces envious; Mr Pineapple even wore rugby boots for some of the game. After offering up their blood, toil, tears and sweat, IERFC lagged behind by just one try as the final whistle blew. Oxford rejoiced, IE mourned.

IERFC’s performance in extra-rugby activities was admirable. Post-match beverages with the Oxford and London Business School were consumed; the latter even brought a bus full of (free) beer which greatly raised our spirits (as it were). Cheering the footballers on until an agonising silver medal finish (adding to their collection) was a highlight, especially in the glorious spring sunshine. Needless to say, the rugby men and women of IE were the toast of the dancefloor at the gala in Paris; after photographs at the Arc de Triomphe, IE returned to Madrid having enjoyed a wonderful weekend at the idyllic HEC campus. That said, we are hungry for more ‒ let us redouble our efforts to recruit participants from the Business School to take part, and bring rugby home.

23
Jul

IE Rugby Team at IESE

Written on July 23, 2018 by Campus Life in Sports

On a Thursday in April, an elite IERFC squad arrived in Barcelona by air, land and sea. Once established in our respective dwellings, the players warmed up for the athletic adventures to come. At Barcelona RFC’s famous Gatsby training ground, most of the team was able to enjoy some of the excellent facilities on offer. After some ball handling exercises with the junior team, we moved on to pastures new ‒ the university stomping ground, Sutton. Mr Hutton should be lauded for playing with great spirit of the game and bonding with players from other teams; furthermore, Mr Schmitt won the Boris Johnson award for diplomacy thanks to his bridge-building efforts. Training over, the team proceeded homewards happy – only Mr Hilliard exhibited any fatigue, opting for a quick siesta.

With a certain amount of free time, most of IERFC took the opportunity to move to the beach. Mr Straker seized his moment to go for a five-hour lunch; Mr Schmitty and Ms Morgan interestingly decided to investigate the various lighthouses in the area. In preparation for our matches, the squad gathered for team bonding and a reminder of the rules of play. Messrs Foxy and Tinder provided thrilling lessons in defensive manoeuvres, by which Mr Pineapple was visibly excited. Some of the team chose to rest before the game, lulled to sleep by Blue Swede’s ‘Hooked on a Feeling’, and Mr Q ably led the rest to the event laid on by IESE near the beach.

The first fixture was against INSEAD, generally considered our main rivals, who were reaping the benefits of a strict curfew so as not to vary from their routine in Fontainebleau. Herculean efforts on the part of our noble troops were sadly not enough to overcome the giants of the FT rankings. Mr Heggs captained the team with grit and nous, and ultimately IERFC gave everything inside themselves to the cause, especially Mr Schmitty. Not deterred by a slim first lost, IERFC gathered themselves together and took the sword to both IESE and ESADE. Two colossal wins ensued, vindicating us and securing a silver medal for the Dark Blues.

The touch team, ably led by Mr “John McEnroe” Owen and Ms “Fine” Gan, showed great panache in their stewardship of the team. Coming back from a three-try deficit in the first game to secure a draw in the last moments of the game was akin to victory, much to the delight of the crowd who were by now suffering the effects of weather usually seen at Murrayfield in the autumn tests. The second match was marred by some questionable refereeing and concluded with a devastatingly tight loss. The upside was that Ms Packing survived in spite of her sporting headgear clearly in violation of IRB regulations. By unanimous vote, the heroes of the touch matches were Mmes Finegan, Rees, Morgan and Packing who showed extraordinary fitness on and off the pitch.

After IERFC distinguished itself in rugby, we decided to show our mettle in supporting other IE sports clubs. A particular highlight was chanting, singing and cheering the IE mixed volleyball team to victory in the indoor competition (following their earlier gold in the beach version of the sport). Though IESE may have had a large crowd numerically, their chants seemed mere whimpers in the face of the mighty IERFC. Our performance continued late into the night, with particular credit going to Mr Weppler for proceeding directly to the airport from the reputable location in which the competitors from all schools ended up, and to Mr Pineapple for turning up alive the next day. There are high hopes for IERFC taking home gold in the 2019 version of the tournament, many alumni having the date firmly in the diary.

23
Jul

M&A ORIGINATION COMPETITION

Written on July 23, 2018 by Campus Life in Professional

The winning team WKN Partners with Paris de l’Etraz

In today’s new businesses’ boiling pot, recognizing valuable ventures is a thrilling adventure. We at the Finance and Capital Markets Club know that great cocktails are about not only high quality ingredients but also coming up with a smart mix. In a same way, half science and half art, M&A are the recipes in the business’ World.

Before a well deserved Summer break, the IE Finance and Capital Markets Club in a joined effort with IE Entrepreneurship Club, IE Private Equity and Venture Capital Club and Paris de l’Etraz – Managing Director IE Venture Lab – organized the M&A Origination Competition.

Over the course of past 4 weeks, 12 teams had the opportunity to build up a variety of innovative M&A propositions. On Thursday July 12th, this process culminated with a round of final presentations in Aula Magna in front of a jury comprising seasoned investment professionals Alberto Sparrow, Pablo Gallo, Demetrio Arias, Jorge Montes and Olaf Díaz-Pintado.

All the 12 teams presented strong cases covering a wide spectrum of industries: clean energy, e-commerce, insurtech and food delivery among others. Some brought in their unique insights from previous experience with the industry of choice and some other teams went for a completely new one, seizing the opportunity to develop in just one month an in-depth understanding of a new business area. All of this to come up with lucrative investment opportunities.

One presentation to rule them all:

WKN Partners stood out both in terms of size and proposition – the biggest team in the competition, exploring several disruptive ideas. The team comprised 6 MiM students: Joaquín Alonso Lluch, Rainer Koch, Arthur Marandon, Gregorio Margotto, Antoine Moyroud, Marnik Willems, covering innovative topics at the intersection of insect farming and aquaculture, bringing also to picture student housing.

Their first proposal addressed the large scale problem of food scarcity as world population keeps growing and traditional farming can’t keep up with the pace of it’s growth. WKN Partners identified the potential solution by bringing together insect farming and aquaculture. Insects are currently the most sustainable resource for farmers, so insect farming could potentially answer both the agricultural challenge faced by the world and the serious limit faced by the fishing industry: today’s fisheries are getting pushed over the biological limits and they are constant reports of oceans running out of fish in the near future. For this reason this particular intersection of the industries has a huge growth potential, so it would be a very strong strategic investment.

In a second part WKN partners analyzed rising demand in student housing worldwide. Taking a closer look at the Spanish housing market, WKN identified several potential targets for real estate companies, that could address the need for high quality student housing.

First running up team integrated by Can Olger, Marjolaine Mandagot and Evan Linker presented a highly relevant case tackling renewable energy. The second runner ups Nnamdi Ehirim, Achille Fankem and Meredith Hayward chose African gas as business area for their investment opportunity.

From the Finance and Capital Markets Club we want to thank all the participants for their effort and interesting insights, all the members of the jury and the mentors for their assistance. Of course, also to all the collaborators and IE community members who made this happen.

We wish you an amazing Summer. See you again in September to keep up with Finance and Capital Markets!

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