The 3rd InVhestia inter-university financial modelling competition launched in August with campus tours running throughout the month of September. In our consulting experience, we found that financial modelling is a critical skill for any graduate pursuing finance and finance related courses. Over the last three years, we have trained over 800 students face to face as well as many more through our online platform.
This year we partnered with Aspen Network of Development Entrepreneurs ANDE. ANDE is a global membership of organizations that propel entrepreneurship in emerging markets. The East Africa Chapter brings together ANDE members who support small and growing businesses (SGBs) in East Africa by creating connections and opportunities to grow environments in which SGB entrepreneurs can thrive. In line with this, ANDE carried out career information sessions alongside our training at the various campuses. Some of their members such as Growth Africa and Youth For Technology also came to give information to the students pertaining to what they can look forward to when they start their careers. ANDE will be offering the some of the top students internship opportunities. The competition was also sponsored by Consonance Investment Managers who are excited to partner with us on building the talent pool of financial modellers coming out of universities.
Last year’s top student secured an internship with Open Oil. Bob was a final year student pursuing a Bachelors of Business Science in Finance at Strathmore when he took part in the competition. This is what he had to say about his experience:
“Building financial models using the FAST standard was a key learning point as I got to apply it in real life situations through the Public Policy and Due Diligence assignments I worked on during my internship. Being granted access to the Corporate Finance Online course from the first week of joining the firm was particularly helpful towards the theoretical learning. I also got to see the value of positive criticism as I got a lot of constructive feedback from the team on the various models I built which helped me further enhance my understanding of the FAST standard.”
We are pleased with the impact that this outreach is having on the students. We have prepared the profiles of the top 10 students of this year. Kindly email email@example.com if you have opportunities available for them at your organization or would be interested in participating in the 2019 Edition of InVhestia’s Financial Modelling Competition.