Alumni profile: Quix solution to online applications

Zoom meeting screen shot
Michael Rosam (Weekend MBA 2017)

A year ago Michael Rosam (Weekend MBA 2017) took the brave decision to leave his job with McLaren after “an incredible five-year journey” to pursue his dream. Inspired by his time there and at the Business School, as well as the support of family and friends, Michael left to take on the tech giants.

And it paid off. Lots of hard work, dedication and $3.2m in seed funding later, and Quix was launched: “From today, any developer in the world can sign-up for a free account to stream, process and store data at scale without the hassle of managing infrastructure.”

Tell us about Quix

Quix is a platform that provides an end-to-end development environment for building data-driven applications. It allows developers to build applications using live data streams and real-time machine learning – develop, test and deploy all in one place.

We built Quix around an in-memory data store called a message broker, in contrast to existing data and machine learning platforms that are architected around disk-based data storage. Quix provides our customers with lower latency, higher bandwidth and greater efficiency when compared to processing data in the traditional manner. Quix is particularly suitable for any applications where time is a driving context such as smart factory, connected mobility, robotics, healthcare and financial services. We also provide a free tier to help developers start building without any costs.

I'm passionate about applying technology to solve real-world problems and have enjoyed every moment of bringing Quix to market. My door is always open to anyone who wants to discuss their ideas - just reach out, I’d love to pay forward some of the support I have received!

Application users benefit from a more intuitive customer experience, providing genuine value for both the user and the business.

Where did the idea for Quix come from?

I met my co-founders, Tomáš NeubauerPéter Nagy and Patrick Mira Pedrol, at McLaren where we developed solutions to get more data from the track to the factory in real-time. With each car producing 1.1 million data points per second it quickly became apparent that our databases were a significant bottleneck because each data point has to be written-to and read-from a disk before it can be processed. Our final solution was to adopt an open source message broker called ‘Apache kafka’ which keeps data in-memory, significantly reducing the latency and cost of working with this volume of live data. The biggest problem we found is that compared to databases, message brokers are very difficult to work with, especially for our race engineers and data scientists who increasingly use Python to write code. We saw it as an industry wide problem and founded Quix to make it easier for Python developers to use message broker technologies in their applications.

What lessons have you learned throughout the startup process so far?

Raising our Seed funding was much harder than we imagined! A working product and early adoption in the market is a must, but we were surprised about how much detail early stage investors wanted on the go-to-market strategy, including proof that certain marketing and sales strategies actually work.

My advice to other entrepreneurs would be to focus on commercialising your MVP, set up coherent KPI's as soon as possible and let the numbers speak for themselves. I'd also say that most investors aren't going to be the right partner for you, so work hard to filter them early to avoid time consuming dead end conversations.

Students celebrating at a gala party
Michael and his cohort at the end of term ball

How did your time at Imperial impact you?

I specifically joined Imperial because I wanted to build a technology business. My rationale? The Executive MBA programme ranked well for entrepreneurship and the wider College is developing incredible technologies. And it proved to be true. I developed fundamental skills on the course, which accelerated my personal and professional development. I practiced these new skills with by supporting two spin-outs: LoMaRe and Monolith.ai. The Imperial ecosystem is second to none for anyone looking to set-up a technology business.

What has been your most significant achievement so far?

Our most satisfying moment happened a few months ago when we realised that we're now employing 15 people and enabling them to have great lives whilst also doing work that they are interested in. It was a humbling moment when we realised a greater sense of purpose for our business ambitions.

Building Quix has not been easy, and we couldn’t have achieved it without significant support from a huge group of people. I have to thank my co-founders - they are talented, passionate, motivated, and brave beyond words. And we couldn’t’ have achieved it without the support of all our financial backers and angel investors, who supported us with such strong conviction and speed.
 
I'm passionate about applying technology to solve real-world problems and have enjoyed every moment of bringing Quix to market. My door is always open to anyone who wants to discuss their ideas - just reach out, I’d love to pay forward some of the support I have received!

About Celia Pearce

Alumni Communications Executive
Celia is responsible for all the communications to Business School alumni and this includes the monthly newsletter, alumni profiles and features, alumni blogs, event marketing, the website and social media. Please contact Celia if you have any queries regarding communications to alumni of the Business School.

Full Time MBA - What should you being doing now?

First of all, I would like to congratulate you all again on securing a place on the FT MBA program! Many of you I have now met through the welcome webinars but for those who haven’t, hello! I, Chloe Chambers lead on the FT MBA Careers program delivery with Andreia Ferreira (Head of FT MBA Careers).

I am aware that many of you are still working and may be preoccupied with wrapping things up, handing over and even negotiating if you plan to return to the same business or a new position upon graduation. That said, despite the business you may currently be working through, please note the below suggestions as to what you should be focusing on from a career’s perspective right now.

Careers-ipad-image

All students should be working through the Careers Primer (all accessible via The Hub). This careers primer consists of:

  • Foundations for Careers Success - we recommend you spend 1 to 2 hours to get the most out of this module and that you complete it before the start of your programme. This is a starting point for you to identify your values, interests, career to date, career capital and understand what resources are available to you.
  • 'Writing your CV' online module and get a VMOCK-approved CV. 'VMOCK-approved' means achieving a score of more than 80% on a one-page CV.

My top five items that should be at the top of your agenda:

  1. Spend time researching sectors and roles that you may be interested in – you can check out our sector webinars on The Hub which give insight into the impact of COVID 19 on specific industries
  2. Gather feedback from those that have recently worked closely with you – give people notice and time to complete this. Explain that constructive feedback will assist you to identify areas for development during your MBA
  3. Start building your network – connect with industry professionals, your future cohort and of course make time to say goodbye to those you may not work with again
  4. Book in a 121 appointment with Andreia or myself to start working on your strategy! Email ibcareers@imperial.ac.uk to do this
  5. Stay abreast of all the communication coming to you from us in Careers and Student Life. You will no doubt feel slightly inundated with information at the start of your program but keeping watch for the regular posts and information shared will serve you well!

One last thing – for those who will be new to London, start planning all the things you want to see and do!  Our cohorts are normally a very sociable bunch, so look forward to making new friendships and discovering a wonderfully exciting city during your MBA Journey.

Chloe Chambers
Careers Consultant – Co-Lead FTMBA Programme – Lead TMT Sector

The Healthcare Sector Team - How we will support you

Andreia Ferreira

The Healthcare Sector Team at Imperial College Business School Careers is here to help you navigate this complex industry and support you through your job searching process from goals definition to offer negotiation. My name is Andreia and I am the Careers Consultant leading on the careers provision for this sector together with Toby, the Employer Relations Manager responsible for liaising with employers in the healthcare space.

We believe this is a great moment to enter the industry and we are here to support you by bringing together our career development expertise, strong employer connections and opportunities to get involved in ground-breaking work being developed across Imperial College.

Is this the right sector for you?

Our experience tells us that students seeking our support during the summer or at the beginning of the academic year are in one of these three situations:

  • You are passionate about the healthcare industry and joining business school after completing a scientific degree or developing a clinical focused career. You are now asking yourself how to shift into the management and commercial side of the industry.
  • You have studied business or analytics and identified a passion for the healthcare sector along the way. You are now asking yourself how to expand your understanding of the industry and how to best position yourself.
  • You are exploring the healthcare industry as one of the industries to develop a career in your area of speciality, such as marketing or finance. You are now asking yourself how to stand out in these recruitment processes.

 

If these are the kind of questions you’ve got on your mind, I’d be very happy to explore your individual situation and discuss some immediate actions for you to take in a Career Welcome Meeting. The team is also putting together an online module giving you lots of information on key employers you should be targeting, how to tailor your CV and Cover Letter to this sector and how to start preparing to succeed in interviews and assessment centres. Stay tuned!

How do we support you?

As a Careers Consultant, I’ll support you as you define your career goals, research the industry, expand your network, tailor your applications and prepare for interviews. You will be able to book 121 career appointments with me and you will also see me delivering workshops and small group sessions. All of our sessions are regularly updated to reflect the changes in the industry and developed in collaboration with industry experts and alumni.

On the Employer Relations side, Toby puts together a programme of events that provide insights into the industry and lead into fantastic networking opportunities. There are different types of events (careers fair, recruitment presentations, panels, etc) and generally speaking you will see some of the larger recruiters in the Autumn Term, events to help you develop your commercial awareness in the Spring Term and a focus on smaller recruiters and direct entry roles in the Summer Term.

We would also like to encourage you to consider taking an active role in our student-led clubs, leverage the connections across Imperial College and get involved in the Imperial MedTech Society or the Enterprise Lab if you are keen to explore innovation and entrepreneurship. But don’t stop there, London is a fantastic hub for innovation in the healthcare space and Imperial College London plays a leading role in this space in initiatives like the MedTech SuperConnector.

What to focus on during the summer?

As you prepare to start your programme at Imperial College Business School I would like to encourage you to:

  1. Complete the Careers Primer and assess your individual situation and identify your gaps. Continue developing your commercial awareness and building your professional network in a tailored way to address those areas of development and get ready to hit the ground running when September comes.
  2. Research and create your list of target employers early on, making sure you make a note on their application deadlines. It might be that your preferred companies or roles are not available until later in the academic year but you don’t want to regret missing an early deadline or overlooking a graduate or development programme. These opportunities don’t come around very often!
  3. Create a strong CV and spend time tailoring your applications. Use VMOCK and the knowledge acquired from the online modules, your research and discussions with your network.
  4. Start preparing for the upcoming selection processes. Interviewing skills are key but you will most likely also need to work on aspects that are not easy to grasp overnight like online tests if applying to large employers and case interviews if considering consulting

 

Finally, I really encourage you to take the time during the summer to reflect on what you want to achieve not only after but also during your year at Imperial. It’s a very competitive space and getting involved in extracurricular activities, hold leadership positions on campus or gain experience in the industry can make a huge difference to your development and how your career unfolds.

Andreia Ferreira
Head of FTMBA Careers Programme and Health Sector Lead Career Consultant
 

An investment banker for a day: my experience in an asset management simulation

Financial line graph analysing data

For most finance students, we probably had the dream of being a portfolio manager for an asset firm or working on a busy, chaotic trading floor for an investment bank. That was certainly true of me, and that’s why I was attracted to this opportunity of participating in the asset management simulation held by Imperial College Business School Finance Club and AmplifyME.

AmplifyME provides financial training (supported by Amplify Trading) and this simulation has been used by many finance companies such as Morgan Stanley, Bank of America and Credit Suisse to train graduate hires. This simulation can track many indicators required in the real trading world.

The event reminds me of my days as an undergraduate studying finance when I kept hearing that you need to beat the benchmark to maximise returns. Even though I’m studying MSc Innovation, Entrepreneurship & Management, which is not a finance programme, I thought this would be a good opportunity to sharpen my skills.

The simulation

The simulation was in two parts: in first part we acted as an asset manager and in the other we acted as a sales trader. Throughout the simulation, half of us were on the sell side and were the sales traders in the investment banks facilitating trade and the other half were on the buy side and were the asset managers trying to make the most returns.

In the first half, I was given the sales trader role which I found very easy but also stressful. The stressful part was constantly responding to clients and meeting their demands. I remember my fingers typing quickly as I was constantly talking to multiple clients at the same time.

For the sales side, it was very easy to accumulate a large number of shares from different companies when everything was fast-paced. However, you also needed to give away all the shares you owned/shorted in small amounts so that your transactions wouldn’t make a huge impact on the stock market. Another aspect was maintaining good relationships with clients and providing the best deals possible.

Even though there was also an exchange place where asset managers could make transactions based on reference prices, the exchange had a much wider spread for the price, e.g. the reference price might be £2711.10 while the exchange price is between £2304 (bid) and £3117 (offer). Therefore, asset managers would like to deal with investment banks to get a much smaller spread.

During the simulation, I kept seeing some familiar names coming around and I felt very happy to retain the clients. Another key indicator for traders is fat finger count, which is how many pricing or execution errors you made, and I’m very proud to say, I made zero mistakes throughout the simulation.

Asset management simulation extract showing financial data

My learnings from the simulation

Being an asset manager is much more difficult than being a sales trader in my opinion. This is because there are many factors influencing the stock market, such as politics and economic environment, and you also need to keep an eye on the company’s performance.

It’s very important to react very quickly to different sources of news and make decisions. How well you perform is also dependent on the sales side — how fast the traders can respond to you as well as how good of a deal you can get from said traders.

Unfortunately, I think everyone was exhausted during the first round and not many investment banks responded to my messages, and I ended up doing most of the transactions on the exchange. Another difficult aspect of asset management in this simulation was that everything seemed to be short-term (within 30 minutes) and that’s where I got lost in the theories.

It was a very exciting simulation. I think I can be a good trader for an investment bank as I got 79% for this simulation. This experience helped me understand the real working environment in banking and now my financial theories are not only theories on paper but also skills in the real world. Hopefully I can combine it with my entrepreneurial knowledge to help the industry develop in the future.

I’m very grateful to the Finance Club and AmplifyME for providing this simulation and I highly recommend that finance students — or even just students with finance knowledge — participate in this event if they are interested in banking.

Fengyi Hu, MSc Innovation, Entrepreneurship & Management 2020-21, student at Imperial College Business School

About Fengyi Hu

MSc Innovation, Entrepreneurship & Management
MSc Innovation, Entrepreneurship & Management 2020-21

How MSc Climate Change, Management & Finance is helping me plan my business

Leo-Paul Keyser, MSc Climate Change, Management & Finance, student at Imperial College Business School

I can’t believe it is almost the end of my year at Imperial College Business School. The pandemic has made it tough sometimes, but what a year! With the uncertain times and the COVID-19 travel restrictions, I feel lucky that I had the possibility to move from France to the UK and study on campus for several weeks this year.

Before coming to Imperial to study MSc Climate Change, Management & Finance, I was studying environmental sciences and entrepreneurship at Institut Mines-Télécom in France. This year was my first long experience abroad and certainly one the richest experiences of my life so far.

My career plans

When I started studying my Master’s, I already had a clear idea of what I wanted to do after it. I started creating my own business in energy management with a friend. We aim to provide energy consulting and a software as a service for businesses, local and regional governments and private individuals to help them monitor their consumption and production of energy and consume more responsibly.

To better understand how my business could benefit society and the planet, I needed a relevant education on the synergies between business development and climate change mitigation. This is the number one reason why I applied to Imperial for this specific Master’s. The programme has already helped me a lot to better define my entrepreneur route and objectives.

Getting ready

Week after week, I felt like I was building my knowledge in environmental sciences, thanks to one of my favourite modules, The Science of Climate Change. The MSc Climate Change, Management & Finance programme is jointly delivered by the Business School and the Grantham Institute, and thanks to that our lecturers are proficient experts in their respective areas.

In addition, as I am working on energy management in my business project, the modules Mitigating Climate Change and Energy Business and Strategy (another of my favourite modules) have been so helpful to me, as they brilliantly describe the global and local energy systems and viable clean solutions to fight climate change.

These modules were a opportunity for me to develop my skills and knowledge way beyond what I already knew about energy systems. It has helped me to master my subject area in English, as previously I was only comfortable discussing these issues in French. Corporate Finance, Quantitative Methods, Financial and Carbon Accounting and Reporting, and Risk Management and Climate Change are other core modules I really appreciated.

At the time of writing, I am studying the module Innovation in Cleantech and Climate Change Solutions. It is about developing the business idea around carbon capture and storage or greenhouse gas removal. We are asked to build a business model canvas and pitch our project. It is a wonderful exercise for me to learn being as spontaneous in English as I am in French when pitching an idea.

Assessments

I really liked that during the Master’s our assignments took several different forms. We collaborated on group reports, created business strategies, wrote individual reflective or critical essays, and even created a business website where I had the opportunity to actively build new skills in writing, pitching and presenting in English.

I have really enjoyed the individual essays, which gave me the chance to dive really deep into particular areas. As an example, I wrote essays on the role of fluorinated gases in refrigerants worldwide, which in my view is the very first issue we should solve to reduce global warming.

I have also written about the governance of the African Green Belt project, on the threats to the Great Barrier Reef in Australia, and on the interest of the green millennial wave for electricity storage solutions and millennials’ new habits concerning energy consumption.

For my summer work placement, I will work on my project and try to use everything I have learned so far to make it successful. To do so, I will also apply for the Imperial Enterprise Lab Summer Accelerator, which is an amazing opportunity for me to move forward surrounded by experts.

My experience of London

When I arrived in London in August 2020, I had in mind a plan to go back to France for my business. But as time went by, I became really attached to what London has to offer, and just recently I have decided to settle and work here.

London offers everything you could dream of! Although COVID-19 restrictions made me spend a lot of time at my desk in my room, I still had the chance to discover lots of London’s districts and parks, and our social committee organised really cool events to meet everyone in London.

There’s no doubt that London is among my favourite cities in the world, and my time here has allowed me to meet inspiring people and develop unforgettable friendships.

My role as a Student Ambassador

Early in the year, I applied to be selected as a Student Ambassador. I received a lot of help when I was a prospective student and I wanted to return the favour. This role was also a very useful position to meet students from other Master’s programmes at Imperial, and it was one more chance for me to strongly improve my English competency!

My year in the MSc Climate Change, Management & Finance at Imperial College Business School has been amazing. I am delighted to be part of this big family!

Leo-Paul Keyser, MSc Climate Change, Management & Finance, student at Imperial College Business School

About Leo-Paul Keyser

MSc Climate Change, Management & Finance
MSc Climate Change, Management & Finance

The Finance Blog - An Introduction to the Team

Marie Portier

Introduction to the Finance Sector

Every year, several hundreds of our Business School students are looking to join the Finance Sector post-graduation and you may be one of them! The Finance Sector team, which is part of the Careers Department, is here to help you successfully go through one of the most competitive recruitment processes. Luke, Sophie and I will support you through the year to navigate, research, apply and prepare to enter this fast-moving market. Anita, Our Employers Relationship Manager manages the Business School’s relationship with Finance and Fintech employers. Her role is to connect students and employers, and to provide insight into the world of Finance through employer and student led events.

Our key Team messages are:

  1. Don’t hold back on your efforts when looking for a job in Finance
  2. Always include a plan B and C in case you do not get the job you had in mind
  3. Networking is your best option to position yourself for competitive roles
  4. Never get tired of upskilling your finance skills and reading financial news as Commercial Awareness is one of the top skills that finance employers are looking for in candidates!

Who are we?

Marie Portier

Marie Portier
Careers Consultant for MSc and FTMBA
Finance Sector Lead

 

Sophie Davies

Sophie Davis
Careers Consultant for MSc and FTMBA
MSc Lead and Finance Sector Consultant

Luke Morton

Luke Morton
Careers Consultant for MSc and FTMBA
Finance and FMCG Sector Consultant

Anita Borkowska

Anita Borkowska
Employer Relations Manager
Finance and Fintech

How do we support you?

As the recruitment deadlines for Finance graduate and internships programmes start earlier every year, applications will start to open from this July, so we focus a lot of our support during Autumn Term.

Our flagship events, called Finance Super Saturdays, are run at the beginning of September (4th and 11th of September this year 2021) and presented by professionals from the industry. These 2 days, covering Careers on the Buy and Sell sides, will give you an amazing overview of the Finance world and help you discover which areas would be more suitable for your profile – registration opens in August.

At the beginning of October, we run our MSc Finance Careers Week, this is when we invite employers and professionals across the Finance Industry to give you a more specific taste into the kind of role, responsibility, and type of employers you may be interested in. For example, last year Moody’s Investors Service gave a workshop on credit rating, Bloomberg offered skills-based sessions, and we also ran a Women in Finance Panel inviting key female leaders in the Finance industry.

During Spring term, you will get the chance to join activities which aim at opening your career prospects such as the Alternative Careers in Finance panel and increasing your networking efforts with the Alumni Spotlight sessions and Panels.

We also be offering the continuous support through the year, especially on topics related to Finance Technical Interviews through Webinars and small group sessions for example.

Some things to think about if you are considering the Finance Sector:

  • What do I really know about this specific area/role in Finance and who could I talk to investigate if this area/role is really for me? – think about reaching out to our Alumni Community.
  • What are my finance skills and knowledge and especially my gaps? – consider taking on specialised courses like Wall Street Prep.
  • What can I learn between now and September to upskill myself and be more competitive? – Technical skills and strong commercial awareness are in high demands for most finance related positions.
  • What Plan B or C could I consider as an alternative or as a steppingstone toward my career goals? – think about other departments, roles, and employers.
  • What other activities (extracurricular, students club, leadership role) can I consider during my programme to make my profile more competitive? – Employers are putting a lot of emphasis on team working and leadership skills that are often developed outside of the curriculum.
  • What kind of position would be most relevant to your profile and what are the recruitment deadlines and processes? – consider between an internship, an experienced / direct hire role or a structured program.
  • What do you know and more importantly, what don’t you know about your target companies? – think outside the box, do not rely only on company’s websites.
"And don’t forget that “success is dependent on effort” (Sophocles)."
Marie Portier
Careers Consultant Finance Sector Lead
Marie Portier

Alumni profile: David Poole (MBA 1998)

David Poole (MBA 1998)

Describing himself as ‘theoretically retired’ David Poole (MBA 1998) has never been so busy. And that must be saying something given he has an Imperial MBA, a PhD from SOAS, University of London and managed an incredibly successful marketing consulting firm; “famous for our creativity and strategic insights, winning every major domestic and international award for our work.”

He has just published his first book entitled ‘Entrepreneurs and SMEs in Rwanda’ influenced by his experiences of providing support to businesses in Rwanda. This sparked his interest in the country's efforts to kick start economic development through entrepreneurship and SME sector creation. He chose to write a book to share his key insights as he felt the findings had “serious implications for other developing economies”.

Tell us about your book

The book deconstructs myths around entrepreneurship and SMEs, and explores how a more free-market capitalist approach to the economy has failed to address the economic challenges facing countries like Rwanda. I researched many accomplished and aspiring entrepreneurs, to identify the factors associated with successful entrepreneurship, which uncovered the unintended consequences of the entrepreneurship and SME development prescription.

What is the background as to how your book came about?

After selling my business to a US listed group I went back to university and completed an MSc in Development Studies at SOAS. By an odd twist of fate, I subsequently found myself leading a team of volunteers teaching business skills to handicrafts enterprises in Rwanda. This led me to explore the government’s ambitious economic development plan, Vision 2020, which in turn led to a PhD at SOAS that sought to explain the reasons for the mismatch between the government’s economic plan and real enterprise landscape that had emerged.

What lessons from Rwanda’s entrepreneurial journey can be applied to the wider world?

I think there are implications for both developing and developed economies. The book exposes the policy myths around entrepreneurs and SME development in Africa and reveals the counterproductive consequences of the policy. Based on false premises, the Rwandan enterprise paradox is an unsurprising outcome and the lessons learned have implications that go way beyond Rwanda.

Although the narrative journeys explored in the book are located in a low-income economy, they expose the mythology surrounding entrepreneurship more generally and resonate completely with the behaviour and attitudes of entrepreneurs in developed economy contexts.

Cover of a book written by an alumnus

"The majority of people, who have never tried to start a business, have absolutely no concept of what really drives an entrepreneur or the characteristics associated with success. The book thoroughly debunks a whole range of myths about entrepreneurship."

Looking back at your time at Imperial, how did it influence your career?

I launched my business, DP&A, on April Fool’s Day 1991 – an ironic nod to the fact that it was probably the most foolish thing I had ever contemplated. Four years later it was proving to be reasonably successful but I was concerned that my primary skills were in marketing. I was increasingly asking myself whether I had a broad enough set of business skills, or whether I would ultimately have to hand over the reins to someone else. Following advice, I embarked on the Imperial MBA.

Throughout the programme I acquired a wide range of highly relevant skills that helped me to drive the business forward.

One particular insight had a dramatic effect. In the early stages I knew every client and was intimately involved in developing strategies for their businesses. As the client base expanded, this became increasingly difficult. I found I was trying to be involved in everything and consequently spreading myself too thinly across both my business and the client base. The MBA helped me to realise that there was no one best way to run a business and that creating hierarchical management structures merely gave the illusion of control.

There was one particular light bulb moment when exploring organisation theories and metaphors. I realised that my business and my own role could also be seen metaphorically and I came to use the idea of a circus (please don’t laugh!). Instead of trying to be at the centre of each and every act, my evolving role had to be that of circus ringmaster. I had already recruited immensely talented people and my job was now to create a supportive context in which they could perform to the maximum of their ability. My function was to guide and support their personal development and challenge them to go to even greater heights. It was a turning point for the business. We were soon the largest and most respected independent business in our sector. Without Imperial this would not have been the case. We were famous for our creativity and strategic insights and were known throughout the industry as the best place to work, renowned for training and developing people.

Do you have a favourite memory from your time at the Business School?

I was surrounded by an outstanding cohort of fellow students and initially felt quite apprehensive about whether I was up to the intellectual challenges the MBA would present. The gradual dawning that I could not only cope but was in many ways already on the right track was incredibly motivating.

One memory really sticks out. During the entrepreneurship modules we were analysing a case study on why one business didn’t go to plan. The overall class feedback was that it was due to poor planning, but I disagreed. I remember getting really agitated about the idea that you could plan, in absolute detail, for every eventuality - what I now know is the need to act contingently. You can never forecast and plan for everything you will encounter when starting a business. At some stage you have to stop planning and just ‘get on with it’. The problems will present themselves soon enough, and when they do you can take remedial action to fix them. I remember using the analogy of building a boat. You can spend all your time trying to figure out where the boat might leak, but you will never find them all. At some point you just have to put the boat in the water. The leaks will then show themselves and you can plug them.

Above all this helped me realise and confirm the fact that an entrepreneurial journey was the right thing for me.

About Celia Pearce

Alumni Communications Executive
Celia is responsible for all the communications to Business School alumni and this includes the monthly newsletter, alumni profiles and features, alumni blogs, event marketing, the website and social media. Please contact Celia if you have any queries regarding communications to alumni of the Business School.

Six (surprising) benefits to online learning you might not be aware of

Online learning

In 2020, Covid-19 was the driving force behind a shift that played out in businesses, institutions, organisations and communities all over the globe.

Almost overnight, lockdowns and stay-at-home measures saw almost all human activity move online. And that included education.

For schools and universities everywhere, the shift to virtual and online learning posited a conundrum: how to deliver quality education without recourse to classrooms and campuses? And for learners the situation was also far from ideal. In the last 12 to 18 months, executives and organisations looking to upskill or reskill during this period of acute need have faced a dilemma: postpone or pursue their programmes online. Pushback has, inevitably, been strong. For many, higher education – executive education in particular – is all about face-to-face; it’s about the social and psychological interplay, the human contact and the networking that not only enriches the learning experience, but hugely accelerates the critical transition from concept to practice to skill.

Yet despite their reservations, executives and business leaders have continued to take programmes online and in virtual formats during the pandemic. And as we start to emerge into the post-Covid economy, we’re discovering a number of key – and sometimes surprising—benefits that accrue to e-learning.

We’re beginning to see advantages to online learning that not only offset the loss of face-to-face contact, but proactively deliver new and unexpected efficiencies – gains in time management, in focus and in quality that are driving learning forward exponentially.

As we move on into 2021 and continue to document these benefits, one thing seems certain. The shift in education, the changes accelerated by the Covid-19 pandemic look set to stay.

And here’s why. 

Six (surprising) benefits to online learning:

1. Flexibility: online learning gives participants the anytime, anywhere opportunity to address development needs while balancing other work-life commitments. Programmes and courses can be taken at the time and place that adapt best to personal needs and priorities, and at a tempo that is marked by the individual. Learners can accelerate through concepts or go back and revisit them as and when they need. This flexibility in delivery and agility in learning are unique to online.

2. No commuting: a huge benefit both for home and overseas participants. Learning is as simple as setting up a computer and logging on. And for learners, that translates into massive gains in terms of time management and quality of life. The hour, day or even week spent travelling to campus can be put to better use elsewhere – in preparing for interactive class time with faculty and peers for instance. It goes without saying that less travel is also better for the planet.

3. Focused learning: because learners can use their offline time building knowledge, reading, reflecting and preparing materials ahead of virtual class time, when they do meet with faculty and peers for interactive sessions, learning tends to be more dynamic and focused. We call this the flipped classroom approach. The preparatory legwork happens in the learner’s own time, so that the practising with new ideas, concepts and skills is simply more efficient than in the traditional classroom. In fact, some studies have found that online participants learn and retain up to five or six times more knowledge than those in traditional settings.

4. Learning (and doing) in real time: online programmes are flexible enough for participants to continue working as they learn. That means that new knowledge, new ideas and new approaches can be simultaneously applied and road tested in the workplace. This creates a virtuous cycle of applied learning, with outcomes and impact  from the real-world setting feeding back into the learning experience itself.

5. Experts Zoom (and don’t fly) in: for business schools and universities one of the great advantages of online formats is that experts, thought leaders or case study heroes can be brought in as guest speakers without the time and financial outlay of flying them in from around the world to a particular location or campus. This has opened up more possibilities to enrich learning at scale. It’s also better for the planet.

6. Diversity: again, without the need to travel or to take time away from the office, learning at top universities and business schools is more accessible to more learners. Taking an online programme at Imperial becomes a more viable option for a participant in Latin America, say, or South East Asia. Simply put, with greater ease come greater reach and greater diversity in the classroom.

Even before Covid-19, education was being reshaped globally by digital disruption with billions spent in edtech innovations such as AI or mixed-reality learning in the last two or three years.

As we come out of the pandemic, tech-enhanced learning – online, virtual, synchronous and asynchronous – is delivering a breadth of benefits that look set to keep on changing the game for the foreseeable future. Online is here to stay.

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Tech, Media & Telecoms Sector Blog - An Introduction

Introduction to the Technology, Media & Telecommunications (TMT) Sector

Imperial College Business School Careers has a sector offering covering Technology, Media, and Telecommunications in response to the market’s huge demand for dynamic candidates in this space and our students wanting to apply!

I am a Careers Consultant focusing on this area in conjunction with Sodrul Hussain who manages the Business School’s relationship with TMT employers. Sodrul gains exposure for students and connects them to the opportunities available and provides insight into the world of Tech through university, employer and student led events. I support students to navigate, research, apply and prepare to enter this fast-moving market.

Together we regularly convey the message that ‘You do not need to be technical, to work in tech!’ Technology crosses into many predominant industries, think Fin-Tech, Ed-Tech, Med-Tech etc and therefore we see students applying to a large scope of roles!  You could work in a non-technical role within a tech sector, i.e. Marketing at Google, Operations at Amazon, or Business Development for a start-up. Equally, tech roles within a non tech business are just as common and impressive candidates are in strong demand – think Data Analyst at Unilever for example.  

At this point in your journey, some questions to ask yourself are

  • Who am I targeting? Consider Start-ups, SMEs, Large Organizations, Tech Giants
  • Am I technical or non-technical and if so, where are my skills and knowledge gaps that I need to address for the job role or function I want to secure?
  • Am I looking for an internship, an experienced / direct hire role or is a structured program more for me? Am I considering all options?
  • What do I know and more importantly, what don’t I know about my target companies? Think big picture, down to product level. Am I commercially aware?
  • Am I aware of recruitment deadlines and processes where relevant?
  • Who do I know in the sector? How can my network (consider Alumni now too!) help me and what do I want to learn from some informational interviewing and research over the next few months? Which tech events can I attend?

Knowledge is power and in tech, your genuine motivation, energy, and commitment to the sector is hugely important. It must be authentic. TechRepublic, Wired, Computer Weekly, The Economist, MCA, ZDNet, and the FT are all fabulous resources to help you build your confidence and credibility in preparation for applications and interviews. Our students also run a TMT Club which is definitely something to be a part of if you are steering your career in this direction – it connects you industry experts, events and alumni that you may otherwise not know about. Check out more information here

Typically, recruitment within this sector is vacancy driven and structured programs can be harder to find. This reflects the fastmoving, reactive and dynamic nature of this world. Options are endless within TMT, but at all levels this is a competitive sector and the preparation and research on your part has a paramount influence on your success. We can’t wait to work with you on this!

Chloe Chambers, Career Consultant TMT Sector Lead

Student Investment Fund Speaker Series: From Trading to Venture Capital with Gregory Schibl

Student Investment Fund Speaker Gregory Schibl

The Student Investment Fund is a student-run fund that allows students to manage a real £100,000 portfolio of assets, equipping them with essential skills for careers in investment. To help members develop their knowledge and skills, the Fund regularly invites guest speakers to share their experiences.

The most recent visitor to the Fund was Gregory Schibl, who volunteered his time to speak about his experience with trading and venture capital (VC) before and during his time at Imperial. Gregory currently studies MSc Innovation, Entrepreneurship & Management and previously studied History at NYU. Before working as an associate for a small venture capital firm, he worked as a Trader for Credit Agricole in New York City. In this interview we hear what prepared Gregory for a career in finance and how he shifted from trading to venture capital.

Hi Gregory, can you give us a better insight on your university experience and how that helped you transition into finance?

Yes, sure I can. One of my favourite things to study is history, so that’s where my academic path started. As a minor I decided to study business, politics and philosophy. I wrote my undergraduate thesis on US economic history, specifically the opium war and how that was influenced by free trade.

Your story is insightful because it tells us that to work in finance you don’t necessarily need an academic background in it. After your undergraduate studies you worked for a little in the buy-side of finance, which is great for our members to hear, because that's what they practice as equity analysts here at Imperial’s Student Investment Fund. Can you tell us about how you got there and what the application process was like?

It's important to say that, although my academic interest was always in history, my professional experience was mostly in business. I love looking at companies and how they get built, which is what brought me to an internship in trading on the inflation desk. I got my foot in the door this way knowing someone at the company but still had to go through the five-step interview process. They test you on your personality, your quantitative and the trading industry know-hows. The process is rigorous and if you don't have a network to ask questions about the process I wouldn’t have known where to start. If I’ve learned anything it’s that talking to someone who’s worked in the role before is invaluable.

What were your major takeaway takeaways working in the corporate world? What did it teach you about yourself personally and professionally and why you did you move on from this experience?

Working in the buy side of finance straight out of university was very valuable. I felt like I was still at school, as the programme was basically designed for young professionals to learn how banking works. As an intern you mostly shadow colleagues on the trading floor and they teach you how to do financial modelling and more very practical tools. They do this very well but also beat you over the head with it until you can do it efficiently and quickly. Trading is rigorous that way. I stayed for less than a year because I wanted to move back to London but I’m glad I did it.

What at university specifically prepared you to get your first job and work in finance?

The first thing is you need to check when the deadlines for jobs in finance are. They hire in September for the next year so be aware of this as a final year or master’s student. You can benefit from the graduate programme’s banks offer, which is a smaller funnel of the people you're competing with. It's important to get to take advantage of those. I know Imperial offers help to help you apply to these. For me it was that I really wanted to learn how to trade and learn what was happening in the financial markets. So what I did was talk to people who were in these jobs and just bombarded them with questions! They happened to be friends, which was great because I could ask them questions that seem basic and silly. For example, what resources do I need to read and what skills do I need to be good at. You can also approach it diligently by reading all the forums on the employer’s websites. But I’d rather speak to the people in the job and get their best insights.

It’s certainly important to put your name out to the people that potentially will be recruiting you. This is a helpful tip to our analysts. Can you talk us through your career shift and your current experience?

I wanted to go back to London and work in business development to learn how companies build and sell. I came across a friend who was raising his own investment fund and needed an intern. I felt confident in helping build their database on Excel and it turns out I never left. So now I’m an associate at this small venture capital firm, which is part of a family office. This means working with high-net-worth people to manage their money. They created an entity to manage and allocate it in different asset classes, everything from investing in stocks, debt and real estate to then more illiquid assets such as PE assets and funds, and venture capital. My friend was managing the venture aspects of that portfolio and needed help building it, building systems and protocols to make it work. I thought that was a great opportunity because I could learn from the ground up how venture capital works. In the deal flow process, you get to talk to founders and funds to essentially listen and ask questions. You can then test out the strategy you planned and invest accordingly. We are still learning what strategy works best for the fund.

It’s interesting that you went from a very big company to a small company. No career path is the right or wrong one and I found it nice to hear you chose based on what was right for you at that point in time; moving to London.

It’s also about how much risk you want to take. My current manager told me “it looks like he never really hustled for a salary before, right?” Working in venture capital you speak with founders that are really good at building a company and trying to raise money to live. This is very different from receiving a steady paycheck. There’s a very different risk appetite and this inspired me to choose a path that offers a little more risk. I was only 23 then so I thought I can just try the job out and do something that is fun. There is no correct path.

What's your favourite part of working for a smaller company?

You have a lot more responsibility. If you don't do the task, it doesn't get done. When you work for a large bank, you learn your specific tasks and get good at them. If you’re on a small team at a large organisation you will have to build a lot of trust and be very hungry for work. It’s a very structured environment.

You’re currently still helping the company out remotely whilst being a Master’s student at Imperial. How do you manage your time?

The company is based in the States, which means that I've been working remotely. What has helped me manage my time is to know myself. For example, until 11 in the morning I need to do tasks that are easy on the brain like reading, research or emails. I keep the hard work for later in the day. That’s been very different from working in trading, where you start your day very early and it wasn’t really for me. However, the buy-side of finance taught me soft skills like how to be rigorous, diligent and on time but also hard skills, such as how to value a business.

Our members are both fundamental and quantitative analysts and their stock pitches are coming up soon. Our fund looks at market neutral long-term strategies. Can you give us a tip or share something that caught your eye?

From a macro perspective I like to look at counter cyclicals and how the economy is linked with the capital markets. However, from a venture capital point of view we need to look at industries that will grow and will be much bigger than they are now. It’s about finding something that's small that as investors we think that can be very big, to bet on it early. I spend a lot of time reading about innovations in food tech. There's just exciting science that's going in that space and scientists don't get enough credit for it right now. Essentially, it’s about breakthroughs in biology and how this will change the way we eat and what we eat. Additionally, if we follow the nature of our growing population, we need to find a way to farm more sustainably. By necessity we’re going to have to find an alternative solution. Companies like Beyond Meat and Impossible Foods have very interesting value propositions. People like the product because it tastes good. Paying attention to the small breakthroughs in science are key.

How can you break into VC and what resources you suggest?

VC is a difficult industry to get into. It typically attracts people who are extremely good in a narrow field and they know how to cannibalise it. As specialists in their field, they can then learn how to become investors. Alternatively, you can be an investment generalist working in a large company, such as in the buy side of finance. I’m reading a book called ‘Factfulness’ and Obama’s latest memoir, as they both help me understand how to deal with people. Otherwise I read consumer reports to stay on top of trends.