On 22 and 23 February our ESCP MSc in Energy Management students worked alongside with students from our Paris campus, plus attendees from fellow leading universities HEC Paris, London Business School, Cranfield University, University College London, London School of Economics and Political Science - LSE, University of Sussex, Regent’s University London, University of Strathclyde, Toulouse School of Economics, CASS Business School, Bocconi University, Neoma Business School, Imperial College London, and many others. Collectively they competed in the Energy Trading Challenge (ETC) 2018.
The ETC is a competitive state-of-the-art energy trading simulation team event wherein participants learn to trade and master the ins-and-outs of what a real-time trading experience.
The simulation included:
- Market grid
- Deal entry
- Position keeping via a professional exposure sheet
- News feed
- Charting
The two eight-hour sessions welcomed representatives from major trading houses and energy companies, as well as professional traders providing insight on concepts and techniques throughout the challenge.
On Thursday evening the students attended a round table discussion featuring a panel of industry experts. The topic in question was: Is 2018 the year of the bull or the bear for the oil and gas markets?.
Speakers included:
Gary Middleditch, Head of Trading, SOCAR
Robin Bieber, Former Director, PVM Oil Associates
Elena Giannakopoulou, Head of Energy Economics, Bloomberg New Energy Finance
Ashutosh Shastri, Founder, EnerStrat Consulting
On Friday evening the participants attended a second round table discussion on "Routes to a career in the energy trading industry"
Speakers included:
Hans-Arild Bredesen, CEO, Nordpool Consulting
David Fereres, Fuel Broking Manager, Libra Fearnley Energy
George Kokotis, Senior Portfolio Manager, Cheniere
The Energy Trading Challenge is run by our Energy Society with the support of ESCP Business School, the EMC, and Smart Global.
ESCP Energy Trading Challenge 2018
Young talent from prestigious universities met at the ESCP's London Campus on 22nd & 23rd February to participate in the Energy Trading Challenge 2018.
Jointly organised by our 2018 MSc in Energy Management (MEM) students, in collaboration with Smart Global, ESCP Business School, and its Energy Management Centre (EMC), the competition provided an excellent platform for students to learn key insights on trading oil and gas products.
With 174 attendees representing 17 universities, this truly international event gave students from the most prestigious universities and business schools in Europe and the UK the opportunity to participate in a stimulating and thought-provoking two-day event. Participants learnt key insights on how and what to trade, and how to make profits with oil and gas products even when prices are going down.