IFSA Network

The IFSA Network, formerly known as the International Finance Students Association,[1] is a global non-profit organization exclusively run by students. Based initially at the Rotterdam School of Management and founded in 2014.

History

The International Finance Student Association (IFSA Network) traces its roots back to 2014 in Rotterdam,[2] specifically at the Rotterdam School of Management. The initial purpose of the network was to create a community for individuals studying Finance, fostering connections both amongst themselves and with established figures in the financial sector.

Structure

Chapters

The IFSA Network operates under a decentralized yet cohesive organizational structure[3] designed to balance local autonomy with global coordination. Situated in educational institutions across the world, the individual chapters serve as semi-independent units,[4] each governed by their own board comprising at least a Chairman, Vice-Chairman, Treasurer, and General Secretary.[5] These boards manage day-to-day operations and supervise regional activities[6] tailored to meet the specific needs and interests of their local student bodies. Chapters also usually have specialized departments, such as Finance, Marketing, and Events, each headed by a department manager who oversees a team of analysts.

Supervisory Board Members

Tenure Chairperson Vice-Chairman Head of EMEA Head of APAC Head of LATAM
2023-2024 Ritien Mohan (IFSA BITS Pilani) Nathanaël G. Dürst (IFSA Geneva) Ridhima Shrivastava (IFSA Rotterdam) Parinnay Chaudhry (IFSA SSCBS) / Suhani Jain (IFSA Hansraj) Francisco Gajardo (IFSA UDP)
2022-2023 Nele Bredtmann (IFSA Rotterdam) Santiago Delgadillo Gómez (IFSA Colombia) Nathanaël G. Dürst (IFSA Geneva) Shrusti Singh (IFSA Hansraj) Ignacio Pinto (IFSA UdeSA)
2021-2022 Ornella Gallo (IFSA UCEMA) N/A Iulia Rumeus (IFSA Geneva) / Janusz Skipiol (IFSA Rotterdam) Sandesh Dholakia (IFSA Hansraj) / Aditya Mahajan (IFSA SSCBS) Pablo Torres Alarcón (IFSA Colombia)

Key Initiatives

Traders' Cup

The IFSA Trader’s Cup is the world’s largest student run trading challenge.[7] All people studying in a recognised university are free to participate. The competition relies on securities trading, and aims to give students an opportunity to distinguish themselves from the competition. The competition is held once per academic year, starting in spring of 2016. For the second edition of the competition, students from more than 35 universities, located in 28 countries on 6 continents competed.

Global Case Competition at Harvard

The Global Case Competition at Harvard[8] is the world’s most prestigious case competition organized by students.[9] During the first edition, a team from HEC Paris,[10] a leading French university, won the challenge.[11] The second edition was won by the London Business School.[12]

Local Venues

The various IFSA Network chapters try to offer their communities various local events to connect with the professional world.[13] Often, an industry professional will come to the IFSA Network events and meet students. The purpose of those venues is to give students a taste of the professional world, share tips and knowledge, and give an opportunity to network.

Boston Consulting Group Case Competition

In 2018, the IFSA Network in cooperation with the Boston Consulting Group and InvestSoc, organised the first, three-week long International Cape Town Case Competition. The competition has a unique format where teams consisting of 2 to 4 participants, propose solutions for crises that are presented to them. In their solutions, participants are able to showcase their knowledge, creativity and problem-solving skills on a current macroeconomic issue. A jury picks the 15 best international teams and the best local teams, from Cape Town. The selected teams arrive in Cape Town, South Africa, to participate in the second round, and present in front of a select panel. The winning team is awarded a cash prize of 5000 South African Rand.

Current Chapters

It has established chapters in the Netherlands, Switzerland, Russia, Colombia, Argentina, Chile, and India among other locations. These chapters focus on providing localized resources, events, workshops, and competitions aimed at career development and knowledge acquisition in finance. As of 2023, The IFSA Network has the following chapters:[14]

Chapter's Name Chapter's Logo Chapter's Region Chapter's Country Chapter's City Chapter's College
IFSA Rotterdam EMEA Netherlands Rotterdam Erasmus University Rotterdam
IFSA Geneva EMEA Switzerland Geneva University of Geneva
IFSA Oslo EMEA Norway Oslo BI Norwegian Business School
IFSA Warsaw EMEA Poland Warsaw Vistula University
IFSA NES BFS EMEA Russia Moscow New Economic School
IFSA SSCBS Asia-Pacific India Delhi Shaheed Sukhdev College of Business Studies
IFSA BITS Pilani Asia-Pacific India Pilani BITS Pilani
IFSA Hansraj Asia-Pacific India Delhi Hansraj College
IFSA LSR Asia-Pacific India Delhi Lady Shri Ram College
IFSA SRCC Asia-Pacific India Delhi Shri Ram College of Commerce
IFSA St. Stephen’s Asia-Pacific India Delhi St. Stephen's College, Delhi
IFSA IIT Kharagpur[15] Asia-Pacific India Kharagpur IIT Kharagpur
IFSA UdeSA Latin America Argentina Buenos Aires University of San Andrés
IFSA UCEMA Latin America Argentina Buenos Aires University of CEMA
IFSA UDP Latin America Chile Huechuraba Diego Portales University
IFSA Utadeo Latin America Colombia Bogotá Jorge Tadeo Lozano University
IFSA Finvext Club Latin America Colombia Bogotá Externado University of Colombia
IFSA Finance Club UdeMedellín Latin America Colombia Medellin University of Medellin
IFSA Bufete Capital Latin America Colombia Medellin EAFIT University

Chapters as of 2021

South Africa

University of Cape Town

India

Lady Shri Ram College for Women, Delhi

Shaheed Sukhdev College of Business Studies, Delhi

Birla Institute of Technology & Science, Pilani

St Stephen's College, Delhi

Indian Institute of Technology, Kharagpur

Hansraj College, Delhi

Germany

Catholic University of Eichstätt-Ingolstadt

Goethe University

Ludwig Maximilian University

Technical University

Lithuania

Vilnius University

Russia

New Economic School[16]

Netherlands

Rotterdam School of Management

Switzerland

University of Geneva[17]

University of Sankt-Gallen

Argentina

Universidad del CEMA Universidad de San Andrés

Brazil

Federal University of Rio de Janeiro

Colombia

Pontificia Universidad Javeriana

Universidad Jorge Tadeo Lozano

Universidad EAFIT

United States

Harvard University

Columbia University

References

  1. "IFSA Network Website". IFSA Network. WordPress. Retrieved 4 November 2018.
  2. "IFSA Network: Letter to Stakeholders". IFSA Network: Letter to Stakeholders. WordPress. Retrieved 4 November 2018.
  3. "IFSA Network: Who Are We". IFSA Network: Who Are We. WordPress. Retrieved 4 November 2018.
  4. "Our Chapters Globally". IFSA Network. Retrieved 2023-08-29.
  5. "About us". IFSA Geneva. Retrieved 2023-08-29.
  6. "About us". IFSA Geneva. Retrieved 2023-08-29.
  7. "IFSA Traders' Cup". IFSA Network. WordPress. Retrieved 4 November 2018.
  8. "Global Case Competition Harvard". University of Minnesota Crookston. University of Minnesota Crookston. Retrieved 4 November 2018.
  9. "IFSA Harvard Case Competition". IFSA Harvard Case Competition. Harvard Case Competition. Retrieved 4 November 2018.
  10. "HEC Paris". HEC Paris. HEC Paris. Retrieved 15 November 2018.
  11. "HEC Paris wins Global Case Competitions". HEC Paris. HEC Paris. Retrieved 15 November 2018.
  12. "MiF Students from LBS Win Harvard Global Case Competition". ONE YEAR MBA. ONE YEAR MBA. Retrieved 15 November 2018.
  13. "Geneva students are hungry and getting prepared to face the challenges !". NOTZ STUCKI. NOTZ STUCKI. Retrieved 15 November 2018.
  14. "IFSA Network New Website". IFSA Network. WordPress. Retrieved 3 June 2023.
  15. "IFSA Network on LinkedIn: #ifsanetwork #financeeducation #venturecapital #iitkharagpur #newchapter". www.linkedin.com. Retrieved 2023-11-18.
  16. "IFSA Network: New Economic School". NES Suits and Securities. NES Suits and Securities. Retrieved 4 November 2018.
  17. "IFSA Network: University of Geneva". AFU. L’Association Faîtière de l’Université de Genève (AFU). Retrieved 4 November 2018.
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