In advance of the trip to Beijing we have visited several inhousedays in the Netherlands to get a broader view of the job perspective of an econometrician. It was compulsory for the participants to visit the inhousedays, unless there is a good reason for not being able to come. We have visited several institutions in all fields of econometrics:
Strategy& - 15 February
PwC’s Strategy& helps clients develop practical strategies to address their biggest challenges – and turn ideas into action. Strategy&, PwC's strategy consulting group, is a new kind of consulting business. Strategy& is a leading strategy team in its own right and helps PwC as a whole become the pre-eminent strategy-through-execution firm. Strategy& is unique and offers clients something they can’t get elsewhere: a combination of strategy consulting expertise, and a proven track record of delivery, with unrivalled global scale and experience.
Flow Traders – 13 March
Flow Traders is a leading global technology-enabled liquidity provider, specialized in Exchange Traded Products (ETPs). They are able to grow their organization further, thereby ensuring that their trading desks in Europe, the Americas and Asia provide liquidity across all major exchanges, globally, 24 hours a day. Founded in 2004, Flow Traders continues to cultivate the entrepreneurial, innovative and team-oriented culture that has been with them since the beginning.
Zanders – 3 May
Zanders is an international yet specialized consultancy advising global organization within treasury management, risk management and corporate finance. With over 130 consultants supporting blue-chip companies, clients choose Zanders because of their specialist and trend setting ideas surrounding financial solutions. For their growing office in the Netherlands, they are hiring for students, graduates and junior professionals who want to develop a career in financial risk management.
Pointlogic – 9 May
Pointlogic, A Nielsen Company, provides customised decision-support systems to improve marketing effectiveness. Their products are backed by powerful analytical methods, extensive research and (big) data to enhance and enrich their customers' marketing tools and processes. The combination of software and analytics allows Pointlogics’ customers to make more informed strategic and tactical business decisions, ultimately leading to greater ROI from marketing budgets.
During the 9 days in Beijing we will also visit several companies with the goal to experience Chinese business culture. The companies that we will visit differ in their roots, specialties and global notoriety. One company even has Dutch roots (1421 Concultancy). Below you can read all information about the companies that we will visit.
Applysquare is a ‘global, data-driven’ company that specializes in academic education and research. Applysquare consults universities, research institutions, companies, governments and other organizations in the field of data and technology oriented information systems by creating better ‘data infrastructures’. Next to that they focus on enhancing efficiency in research and teaching, as well as increasing interaction between students. Their database consists of over 1500 universities in 48 different countries. Applysquare is a startup founded in 2013 and are located in Tuspark, a well known park that belongs to top school Tsinghua University, where many innovative startups are located.
1421 Consulting Group offers consulting to western companies that are interested in starting a branche in China, or looking to expand their branche there. They specialize in balancing the initial investment needed to discover opportunities and open the Chinese market with expected returns of investment. Why 1421? In the year 1421, China discovered the world with a large fleet and conquered that world on paper. They requested all kings, warlords and tribes to submit to the emperor by signing a piece of paper. They did not wage a war, request taxes or enslave people. This striking difference is at the heart of explaining the difference between the West and China. 1421 Consulting Group (1421) is aimed at bridging this specific gap, when assisting companies in China.
Microsoft! You read it right. A formal introduction won’t be necessary for this company, since we are all familiar with it’s products. We will be visiting the SMRA Theory Group, which focuses on enhancing computer science applied to game theory, social networks, optimization and statistical physics. You might expect that Microsoft does not have the largest overlap with Econometrics, but our field of study is highly relevant for innovation in these particular sections. Therefore, we believe they are offering us a great educational visit and an extraordinary experience for our group.
Willis Towers Watson is a global operating consultant broker, and solutions provider which you are likely to be more familiar with. With over 40.000 employees in more than 140 countries, WTW is considered one of the largest consulting firms worldwide. They aim to deliver solutions to risk management problems, risk financing, fusions, company takeovers and more. The Beijing office of Willis Towers Watson is located in the (financial) centre of the city, with a view over the entire centre of Beijing.
The Bank of Beijing provides various banking products and services to individual and corporate clients in China, Hong Kong, and the Netherlands. We will be visiting their headquarters in the centre of Beijing. It is largely owned by the Chinese government, as well as dutch bank ING, and with a total asset value of over 200 billion dollars, it is on the list of largest banks in China.
Note that the whole programme is provisionairy and that neither VESTING nor the International Programme Committee is accountable for changes in the programme.