Centre News

Young talented students from prestigious universities met at the ESCP London Campus on 28th & 29th February to participate in the 2020 School’s Energy Trading Challenge. 

Jointly organised by our 2020 MSc in Energy Management (MEM) students, in collaboration with Smart Global, ESCP Business School, and its Energy Management Centre (EMC), this year’s challenge sponsored by Glencore provided an excellent platform for students to learn key insights on trading oil and gas products. 

London Campus Dean Prof. Dr Simon Mercado, Prof. Dr Kostas Andriosopoulos, Executive Director of the EMC, and Luke Horswell, Director of Smart Global delivered the welcome remarks.

The EMC is pleased to announce the following key facts of this successful event:

• 230 attendees representing 30 universities met at the event to share their knowledge, exchange ideas and compete against one another.
• A truly international competition, this event gave students from the most prestigious universities and business schools of Europe and the UK the opportunity to participate in a stimulating and thought-provoking two-day event.
• On 28^th February, participants benefited from excellent networking opportunities at the drinks reception hosted at ESCP London Campus.
• A roundtable on the topic of “What does the future hold for oil & gas markets?" was held in tandem with the event.
• Students from ESCP Business School, London Business School, Cranfield University, University College London, London School of Economics and Political Science - (LSE), University of Sussex, University of St Gallen, University of Strathclyde, Toulouse School of Economics, Ecole Supérieure de Gestion et Finance (ESGF),Audencia Business School, Technischen Universität Berlin, Trinity College Dublin,University of Geneva, CASS Business School, Imperial College London, Coventry University, Lancaster University, King’s College London, and many others were awarded for their participation

This year’s speakers included:

Mamdouh G. Salameh, International Oil Economist
Taraneh Azad, Chief Operating Officer and Partner, SYSTEMIQ
​Thierry Girard, ​Oil Trader, Equinor (Ex Statoil) 
Martin Read, Managing Director, Smart Global
Mustapher Botchway, LNG Trader, Glencore
Parham Amerian, Gasoline Trader, Glencore

Winning teams

The teams benefited from two days of professionally-crafted trading scenarios representing two full months in the Energy industry. This year, the final results were based on combined relative performance across numerous trading sessions.

Dr Georgia Makridou and Luke Horswell announced the top three teams at the end of the second day.

• 1st place: HIC BULLS – Tim Felix Schmedding, Norbert Sos and Markus Steinkamp
  University of St. Gallen
• 2nd place: Photon Resources – William Wang, Doris Wu, Hanyu Liu and Matthew Zheng
  London Business School
• 3rd place: Energy Managers – Ruby Sedas Robert, Martin Kubik, Mante Bartuseviciute, Jorge Rodolfo Garcia Lopez and Alejandro Escamilla Godinez
  TU Berlin Campus EUREF

Other top ten teams include students from ESCP, Coventry University, University of Strathclyde and the University of Geneva.   

The full results of the challenge are available here.

ESCP and its EMC would like to congratulate the winning teams on their outstanding performance.

About Glencore

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities, with 90 offices in over 50 countries.

The Group’s oil business is predominantly based in the heart of the London’s West End, New York and Singapore. Key commodities include crude oil and oil products.

We have been involved in the marketing of oil since our business began in 1974. Today, in addition to trading oil products, our oil business, together with our partners, is investing in and developing oil production facilities.

Website: www.glencore.com
Twitter: @Glencore

About ESCP Business School

Established in 1819, ESCP Business School has educated generations of leaders and entrepreneurs. With its six urban campuses in Berlin, London, Madrid, Paris, Turin and Warsaw, school's true European identity enables the provision of a unique style of cross-cultural business education and a global perspective on international management issues. ESCP welcomes 4,600 students and 5,000 executives from 100 different nations every year, offering them a wide range of general management and specialised programmes (Bachelor, Masters, MBA, Executive MBA, PhD and Executive Education). ESCP is among the 1% of business schools worldwide to be triple-accredited (AACSB, AMBA, EQUIS).

Website: www.escp.eu
Twitter: @ESCP_bs

ESCP Business School (London) is the Winner of the Times Higher Education UK Business School of the Year Award 2018.