Master students investigate business and geopolitics in Argentina
Around 20 students from the MSc Finance & Investments programme at Rotterdam School of Management, Erasmus University (RSM) explored the Argentinean economy in Buenos Aires in early April 2017. During the study trip, which was organised by student association STAR, students visited the stock exchange, several businesses as well as the Dutch embassy - and learned how to dance the tango.
The International Business Project (IBP) is a yearly event, organised by STAR student association’s Master Study Club for finance and investments students. Twenty top students were selected through interviews, and were joined by six members of the IBP committee during the project.
“We chose Argentina for this year’s study trip, because the country’s economy is opening up under the newly elected president Mauricio Macri,” says student Enzo Neefjes, chairman of the International Business Project. “This offers valuable business and investment opportunities to explore.”
Argentinean stock trading
The IBP’s purpose was to give top MSc Finance & Investments students the opportunity to apply their academic skills for solving real-world business cases while developing cross-cultural sensitivity. To prepare for the trip, the students received training in the Netherlands in different financial disciplines by Grant Thornton, Agium, FinanceFactor and ORMIT.
The finance students travelled to Buenos Aires on 29 March, and returned on 7 April. Neefjes said one of his highlights was a guided tour in stock exchange Bolsa de Comercio de Buenos Aires by former trader Cristian Chirino. “We learned a lot about Argentinean stock trading,” said Neefjes. “Because of Chirino’s own experience we could engage in an in-depth discussion of the mechanisms underlying the stock market and the implications for working as a trader.”
Investments and economic affairs
The group also visited the Dutch embassy to learn about current investments of the Netherlands in Argentina from Marc Hasselaar, deputy head of mission and head of economic affairs at the Embassy of the Kingdom of the Netherlands in Buenos Aires.
At Randstad, the students learned about the Argentinean labour market and its developments in a presentation by Randstad Argentina’s managing director Maximiliano Schellhas and key account manager Nicolás Bottcher.
In addition, consultancy firm Cefeidas group talked to students about Argentina’s political landscape. This activity was set up by RSM alumnus Pablo Mercante. And wine producer Salentein told students the ins and outs about the wine business in Argentina, presented by Salentein’s CEO Sven Piederiet.
“The company visits were very interesting,” says finance student Anouk Mestrom, adding she learned a lot about the economy and political situation in Argentina. “Politics have a major influence on business life, certain decisions or elections can cause an economic crisis in a blink. Investing in this country can become an expensive mistake when not having a deep knowledge about the political situation and the business climate,” she said.
Dancing the tango
During networking drinks with RSM alumni and some of their colleagues, the students discovered what it’s like to work in Argentina. In addition to learning business and finance knowledge, students travelled to Tigre for a boat tour to enjoy the Argentinean sun and food, and had a dance lesson to learn the basics of tango.
In previous years, the International Study Project for students of RSM’s MSc Finance & Investments programme embarked to Tel Aviv, Shanghai and Seoul.
Rotterdam School of Management, Erasmus University (RSM) is one of Europe’s top 10 business schools. RSM provides ground-breaking research and education furthering excellence in all aspects of management and is based in the international port city of Rotterdam – a vital nexus of business, logistics and trade. RSM’s primary focus is on developing business leaders with international careers who can become a force for positive change by carrying their innovative mindset into a sustainable future. Our first-class range of bachelor, master, MBA, PhD and executive programmes encourage them to become critical, creative, caring and collaborative thinkers and doers. Study information and activities for future students, executives and alumni are also organised from the RSM office in Chengdu, China. www.rsm.nl
For more information about RSM or this release, please contact Marianne Schouten, communications manager for RSM, on +31 10 408 2877 or by email at email@example.com.