1. THE BUSINESS SCHOOL FOR FINANCIAL MARKETS
www.icmacentre.ac.uk
the
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2010

2. Champagne and
celebration at the
ICMA Centre
We hope that Vetiva’s
undertaking to recognise Pictured from left to right:
Professor John Board,
and modestly reward excellence Olayemi Olukayode,
Dr Adrian Bell
will be a contributing factor in
motivating individuals to reach
within and bring out the very best
that they have on the inside.
Dr Olaolu Mudasiru

3. the
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Champagne and smiles were certainly not in short supply at the
ICMA Centre when over 200 students celebrated their achievements
at a reception held at the Centre prior to the Graduation Ceremony
in the Great Hall.
With record student numbers this year The BSc Class of 2010 also delivered a wealth 03
the students did not disappoint with of high achievers with a third achieving Firsts,
results. The Centre was spoilt for choice and the prize of £500 went to Anthony Beevers
in awarding its annual MSc and BSc who graduated top of the class.
Academic Achievement Awards. Awards didn’t stop there, the annual Vetiva Prize
Due to the outstanding achievement for Best Graduating African Student was bestowed
on MSc student, Olayemi Olukayode. The £1000
of the MSc students, three shared the
prize was established by one of the ICMA Centre’s
achievement prize receiving £250 each:
alumni, Dr Olaolu Mudasiru, who is now Deputy
Xi Chen, Mary Jane Chiong and Managing Director of Vetiva Capital Management
Indrajeet Mohite. Limited in Nigeria. Dr Musasiru, said of the prize:
“We hope that Vetiva’s undertaking to recognise
and modestly reward excellence will be a
contributing factor in motivating individuals to
reach within and bring out the very best that
they have on the inside.”
Mr Olukayode had even more reason to smile
when it was announced that a job offer came
along with the prize this year.

4. The ICMA Centre
launches new
Portfolio Simulation
Platform
MSc and BSc students at the ICMA Centre
that take the portfolio management course
are involved in an assessed group project
where they have to build and evaluate
a hypothetical portfolio with
securities of their choice
using real time data.
The new web-based ICMA Centre
portfolio simulation platform that
has been developed by StockTrak
Inc and customised by Dr George
Alexandridis allows students to trade
securities in most major markets
around the world in real time and
build and manage large portfolios.
Dr George Alexandridis, Lecturer in Finance at
the ICMA Centre said: “Our custom made portfolio The ICMA
simulation platform and other simulations used
in the Centre can really help us bridge the gap Centre is a top
between theory and practice and progress the
students’ learning experience to a higher level. European school
Students can apply the tools they learn in the
class and improve their investment skills. in international
It is very much like a real online trading platform,
which not only allows students to get some
financial trading
hands-on experience but also ignites a spirit of
competition in the classroom. Moreover, it helps
competition
improve students’ investment awareness and
potential in securing better jobs after graduation”.
The ICMA Centre is one of the very few
Business Schools in the UK that have adopted
similar portfolio simulation platforms that are
becoming an essential training tool in business
and finance education.

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This result shows that our graduates are among 05
the best in the world and that the time and effort
invested in our dealing rooms and our trading
simulation software (ICTrader) was well spent –
to the benefit of us and future members of the
finance professions,” said Dr Michael Smith
dealing room director at the ICMA Centre.
“Making it to the top of the competition requires a
very diverse set of skills. One has to be numerical
enough to create the appropriate pricing models,
and strategic enough to find the most efficient
ways to trade,” commented Ioannis.
Being in the trading pit during the
quantitative outcry session and trading
against 87 people from top schools, some of Also launched this year:
them with significant trading experience, was ICTrader
like being thrown into a pool of sharks.
ICTrader, developed in partnership with
Dimitris Korovilas
7city, is one of the most sophisticated
trading simulations available in the market.
With a wealth of trader performance
The ICMA Centre has once again proved
statistics to back up the high intensity
that it is one of the top finance schools in
dealing, traders really feel as though they
the world when it came joint fourth out of a
are actually on a trading desk. Covering
field of 44 international schools in the 2010 a range of markets from spot foreign
Rotman International Trading Competition exchange to single stock multiple strike
held at the Rotman School of Management, equity options, ICTrader allows you to truly
University of Toronto. This result is in line immerse yourself in the world of dealing.
with the ICMA Centre’s track record of
For more information visit
finishing in the top 10, and usually top 5,
www.icmacentre.ac.uk/ictrader
in all previous Rotman competitions.
The team of four traders – Ioannis Oikonomou,
Dimitris Korovilas, Aditya Pandit and Juan Cepeda
Murcia – beat a veritable whose who of finance
schools to take joint fourth place. Top place went
to MIT, the closest European university was
Luiss University, which came 30th, and the next
UK school was CASS Business School, which
was ranked in 33rd place.
“As recent events in world markets have shown
only too clearly, skill and competence in trading
and analysis are critical both to success and to
survival in modern markets.

6. ICMA Centre is praised
by University
Professor Carol Alexander and Mrs Kim Kim Mountford, whose empathy and understanding
Mountford have received School Awards is widely appreciated by the students during the
for Outstanding Contributions to Learning admissions process, says of the award: “I feel a
and Teaching 2009/10. great sense of enjoyment from supporting the
students through the application process and I am
These prizes are awarded annually by the
thrilled and delighted to be chosen for this award.”
University of Reading and reflect recognition by
both students and colleagues of the valuable The aim of this awards scheme is to recognise
input made by staff at the University. and reward individuals who have made significant,
ongoing contributions to teaching and learning,
Professor Alexander, whose modules on the
either through direct interactions with students
ICMA Centre’s MSc programmes are consistently
or through their support of teaching staff within
rated at close to 100% satisfaction by our
the School.
students, commented: “My colleague’s esteem
really matters to me – this is a major benefit Dr Adrian Bell, School Director of Teaching and
of the award.” Learning, said: “At the ICMA Centre, we view each
stage of the journey as equally important from
applicant to alumni and these awards reflect this”.
Pictured from left to right: Mrs Kim Mountford, Professor Carol Alexander.

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07
This is excellent news
both for Adrian and for
the Centre. It is very well
deserved and recognizes the
significant contribution Adrian
has made to the development
of the Centre.
Professor John Board
Dr Adrian Bell
promoted to
professor
We are proud to announce that our very own
Dr Adrian Bell will be promoted to Professor
on 1st October this year.
Dr Bell who has been with the Centre since 1994 has
been instrumental in the development of both the
undergraduate and postgraduate programmes in
his role as School Director of Teaching and Learning.
He also, developed the distance-learning MSc
programme in 2003 with the Centre’s new media
solutions manager – the first distance learning
Masters in Finance degrees in the UK delivering
using e-lectures.
Professor John Board, director of the Centre
commented: “This is excellent news both for
Adrian and for the Centre. It is very well
deserved and recognizes the significant
contribution Adrian has made to the
development of the Centre.”

8. The ICMA Centre announces
launch of its Advanced Diploma
in Investment Compliance
The ICMA Centre and the Chartered
Institute for Securities and Investment
(CISI) have announced the most
comprehensive programme for compliance
professionals currently available in the
financial markets – the Advanced Diploma
in Investment Compliance.
The new programme builds on the success
of the Diploma in Capital Markets, Regulation
and Compliance launched in 2006 by the
University of Reading and FINRA, by embedding
the most successful UK industry qualification –
the CISI Diploma in Investment Compliance The merging of these
– within an enhanced training programme qualifications will lead to
for compliance professionals.
a cleaner and better defined route
to the professional certification
For more information visit and demonstration of competence
www.icmacentre.ac.uk/adic
that is so much in demand
following the financial crisis.
Professor John Board
Director, ICMA Centre

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ICMA Centre executive education
contributes to Henley Business 09
School Financial Times Ranking
Henley Business School’s position as The main area of strength is the international focus
a world-ranked provider of executive – international clients, international participants and
education has been confirmed by the international delivery – across Europe, Sub Saharan
results of the Financial Times Executive Africa, the Middle East and South East Asia. Henley
Education Ranking published in is ranked 15th in the world for breadth and depth of
May 2010. This is the first year that international clients in the custom programmes.
the ICMA Centre has contributed The ICMA Centre has long offered a comprehensive
to the Business School’s entry. range of custom programmes for international
institutions such as the Bank of China, KSDA
Ranking 33rd worldwide in a composite ranking for
(Korean Securities Dealers Association) and the
open and custom executive education programmes,
Qatar Stock Exchange.
the overall results of this survey reflect the efforts
and success of Henley Business School following To view the full results for the FT Executive
the merger in 2008. The School of Management’s Education Rankings 2010 visit: http://www.ft.com/
business and leadership programmes are businesseducation/executiveeducation2010
complemented by the ICMA Centre’s finance
executive education programmes.
John Board, Director of the ICMA Centre
commented: “The merger with Henley has
enabled us to work together on new and innovative
executive programmes by combining the expertise
of the schools within the Faculty.”

10. Coming up for 2011
New finance themed Executive MBA
Henley Executive MBA applicants The ICMA Centre will deliver the Corporate Finance
can from 2011 choose to take advantage themed MBA. Participants will study as part of the
of the exceptional scope of expertise executive MBA programme following the core
across Henley Business School through a curriculum whilst periodically studying tailored
range of newly launched themed MBAs. modules bespoke to their subject theme at
appropriate points in time.
These themed MBAs are designed for experienced,
practising managers who are looking for a world The Henley Executive MBA is a two year part-time
renowned general management MBA but with a programme aimed at aspiring senior managers who
particular application to three different industries – wish to develop their management competency as
Corporate Finance, Construction Management well as focus on their own personal development,
and Real Estate. alongside their full-time employment.
For more information visit www.icmacentre.ac.uk/
corporate-finance-themed-MBA

11. the
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Coming up for 2011
New finance themed Executive MBA New MSc 11
Henley Executive MBA applicants The ICMA Centre will deliver the Corporate Finance The ICMA Centre is pleased to announce sessions, bespoke simulations, specialised
can from 2011 choose to take advantage themed MBA. Participants will study as part of the its new MSc in International Shipping and workshops and careers events. They also have
of the exceptional scope of expertise executive MBA programme following the core Finance* which has been developed in the opportunity to spend two months in Greece,
across Henley Business School through a curriculum whilst periodically studying tailored partnership with ALBA Graduate Business a country with long-standing tradition in shipping
range of newly launched themed MBAs. modules bespoke to their subject theme at School in Athens, Greece and has and one of the largest maritime clusters in the world.
appropriate points in time. strong support from the international The MSc International Shipping and Finance
These themed MBAs are designed for experienced,
practising managers who are looking for a world The Henley Executive MBA is a two year part-time shipping community. students will be eligible for internships with
renowned general management MBA but with a programme aimed at aspiring senior managers who The nine month programme which will be available major shipping companies, highly valuable
particular application to three different industries – wish to develop their management competency as from 2011 will be studied at the ICMA Centre and in the current economic environment.
Corporate Finance, Construction Management well as focus on their own personal development, at ALBA, giving students the benefit of both For more information visit
and Real Estate. alongside their full-time employment. organisation’s specialisms. www.icmacentre.ac.uk/isf
For more information visit www.icmacentre.ac.uk/ The degree is designed to offer expertise in *Subject to approval by the University of Reading
corporate-finance-themed-MBA mainstream finance, shipping finance and general
shipping. Students will benefit from world-renowned
faculty, distinguished guest speakers, hands-on
ICMA_TheInsider_2010_v2.indd 10-11 27/7/10 11:52:45

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Our Degrees
BSc Finance and Investment Banking
MSc Capital Markets, Regulation and Compliance
MSc Corporate Finance
MSc Finance and Real Estate
MSc Financial Engineering
MSc Financial Risk Management
MSc International Securities, Investment and Banking
MSc International Shipping and Finance (Subject to approval by the University of Reading)
MSc Investment Banking and Islamic Finance
MSc Investment Management
Corporate Finance Executive MBA with Henley Business School
Our Executive Education
Advanced Diploma in Investment Compliance
Financial Market Foundation Certificate (FMFC)
Securities Operations Foundation Course (SOFC)
International Fixed Income and Derivatives (IFID) Certificate
Operations Certificate Programme (OCP)
Primary Market Certificate (PMC)
PRM™ Professional Risk Manager Certification Programme
Senior Executive Programme
Trading Certificate
Tailored Training Programmes
Open Days
BSc Taster Day: 02 October 2010
MSc Open Afternoon: 24 November 2010
MSc Open Afternoon: 23 March 2011
MSc Open Afternoon: 06 July 2011
ICMA Centre, Henley Business School, Whiteknights, Reading, RG6 6BA, UK
T: +44 (0)118 378 8239 F: +44 (0)118 931 4741 E: insider@icmacentre.ac.uk The ICMA Centre is supported by the International Capital Market
Association, the trade association and market regulator for
www.icmacentre.ac.uk member organisations active in the global securities market.