Bloomberg Hub Opens at HSE School of Finance
From June 2017 a Bloomberg hub offering unlimited data access will be available at the HSE building at 26 Shabolovka. The Bloomberg database comprises extensive, constantly updated data on global and national capital markets, transactions involving financial assets, derivatives, as well as market liquidity options, trading applications and news flow.
The main Bloomberg hub will host 10 terminals, each with two monitors. Two additional terminals for individual work (in room 4235 and ICEF) will be available.
The Bloomberg hub will be used for workshops on successful data gathering and data gathering for term papers, theses and MA theses, and also for a new lecture series. Lecturers from the School of Finance are preparing a series of specialized lectures on a wide range of topics and disciplines.
Lectures at Bloomberg terminals will form part of the curriculum for the BA Economics programme, as part of research seminars for the courses on Corporate Finance and Valuation. For MA programmes, Bloomberg class will be included in the courses on Fundamental and Technical Analysis, and in the MA research seminars on Strategic Corporate Finance and Financial Markets and Institutions. Lectures for MAGOLEGO Financial Management and a course on managing business sustainability for students at other faculties are also being developed.
A series of special group workshops will be conducted by experts from global consulting companies via the joint departments at the School of Finance (PricewaterhouseCoopers, Deloitte). These workshops will focus on developing business analysis skills. Tasks for short continuing financial education programmes, to be offered by the School of Finance from autumn 2017, will also be developed.
HSE Endowment Fund, which financed major part of the project, contributed to the establishment of the Bloomberg hub. HSE School of Finance, the Faculty of Economic Sciences and ICEF also took part in the project funding.
HSE University’s Online Campus is accepting applications for ‘Master of Finance’, an online programme taught in English at the HSE Banking Institute. The design of the online programme meets the needs not only of current students, but also of working professionals who want to expand their knowledge of financial strategies and learn how to increase their investments and diversify risks.
Researchers from VTB and HSE University-St Petersburg have come up with an algorithm for predicting stock price fluctuations in the Russian market by analysing financial news. By making financial projections for next week (or month), the novel STTM (Stock Tonal Topic Modelling) algorithm can help investors build more effective financial strategies. The paper has been published in PeerJ Computer Science.
Having examined the impact of various factors on cryptocurrency returns, HSE economists found that fluctuations in cryptocurrency prices can be better explained by equity market risks than by factors specific to the crypto market, suggesting greater linkages between cryptocurrency and equity markets than previously believed. The study is published in a special issue of International Finance Review.
During his visit to ICEF, Sergey Tsyplakov, a professor in finance at Moore School of Business of the University of South Carolina, delivered a lecture to students and contributed to ICEF-CInSt 11th International Moscow Finance Conference as a keynote speaker. In this interview, Sergey shares what surprised him about ICEF students, why scientific paper reviewing may not always be objective, and why people on Wall Street read academic research.
On October 14, HSE University will host the 11th ICEF-CInSt International Moscow Finance Conference. This year’s event is the result of the joint organisational efforts of the International Laboratory of Financial Economics (LFE ICEF) and the Centre for Institutional Studies (CinSt). Vladimir Sokolov and Maria Semenova, members of the conference's organising committee, spoke to the HSE News Service about the programme and participants of the event.
What risks is the Russian financial system facing today? What is the Central Bank of Russia going to do to mitigate them? Why do we need a high key rate? Has the regulator changed its approach to the building of forex reserves? Will the regulator remain hawkish on cryptocurrencies? Ksenia Yudaeva, First Deputy Governor of the Central Bank of Russia, answered these and other questions during a round table entitled ‘Russia’s Financial Sector under New Global Conditions’. The event was held as part of the XXIII Yasin (April) International Academic Conference.
After analysing the price fluctuations of almost 2,000 cryptocurrencies over seven years, Victoria Dobrynskaya, Associate Professor at the HSE University Faculty of Economic Sciences, found that there are no fundamental differences between their behaviour and that of conventional assets. Cryptocurrency follows the same principles, although its prices change much faster: processes that usually take years on traditional markets take only a month or so on the cryptocurrency market. An article on this research was reprinted by SSRN.
Unusual ways of investment, such as collecting toys, can generate high returns. For example, secondary market prices of retired LEGO sets grow by 11% annually, which is faster than gold, stocks, and bonds, HSE University economists say. Their paper was published in the Research in International Business and Financejournal.
The 10th International Moscow Finance Conference, organized by HSE ICEF, took place on October 29–30 online. Vladimir Sokolov, Head of the International Laboratory of Financial Economics, which hosted the conference, talks about the participants, the key presentation topics and how they will impact the global economy.
Tonka Lange graduated from the HSE International College of Economics and Finance (ICEF) in 2008 and then entered the LSE Master’s programme. After five years of working at Goldman Sachs, she got her MBA at INSEAD and in 2021, started working as Senior Treasury Analyst at Amazon (Singapore). In this interview, Tonka talks about how a finance graduate can survive a crisis, what to do to get the most out of the LSE master’s programme, and the main advantages of an MBA degree.