On 28 and 29 February our MSc in Energy Management students worked alongside with students from fellow leading universities in the UK and Europe including: 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. Collectively they competed in the ESCP Energy Trading Challenge (ETC) 2020.
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
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 Friday evening the students attended a round table discussion featuring a panel of industry experts. The topic in question was: 2020: What does the future hold for oil & gas markets?
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
The Energy Trading Challenge is run by our Energy Society with the support of ESCP Business School, the EMC, and Smart Global. This year's event was sponsored by Glencore - 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.