UBS will host its 8th annual Finance Academy from 5 – 9 July 2010, continuing its initiative of providing insight into the world of finance to public secondary school students.
Vipul Mahajan and Abhimanyu Chopra from Narrabundah College will join 48 other year 11 students, chosen from a broad cross section of public schools in NSW, ACT and Victoria, for a week long, fully subsidized residential program at Macquarie University. The program aims to give the students a practical understanding of global financial markets and highlight the wide range of finance related career opportunities available to them.
The Secondary School Principals Council in each state welcomed the initiative and assisted in the selection process of students notably demonstrating a flair for business, economics and other finance related subjects but who may not otherwise have thought to pursue a career in financial services.
Michael Battenally of the ACT Principal Association said “We are extremely pleased that UBS is hosting its 8th annual Finance Academy. The Finance Academy allows students to gain an insight into the world of investment banking, opening up unknown career opportunities, while forging new relationships with talented mentors and fellow peers.”
Over the five days participants will get a change to listen to and interact with key players from the industry as well as gain a practical and working knowledge of financial markets through workshops, ‘day in the life’ presentations, and field visits to a live trading floor and the CNBC Television studios.
Mathew Grounds, UBS Chief Executive Officer said, “We are delighted with the interest shown once again in our Finance Academy by students and their respective communities, our UBS employees, as well as from the industry.
“The last 24 months have been a turbulent period for financial markets and we feel that this is an excellent backdrop and learning experience for students to gain a better understanding into the rewards and challenges of working in financial services, and understanding how markets operate.”
“The UBS Finance Academy is in its 8th year of operation and it continues to be one of the major pillars of UBS’ community program in Australia. In holding the event we continue our commitment to developing the future talent in the Australia’s finance sector and believe that the 50 students gathered this year represent the most outstanding secondary students across the country. We hope that the program educates and enlightens the students as well as helping them to develop the necessary skills needed to be well-rounded individuals.” Mr Grounds concluded.
