Lancaster University Investment & Finance Society
Student Association Profile
Club Type: Investment&Finance
Club Size: 350+
Student Backgrounds: Accounting, Finance, Management
My name is Kevin Thull and I am a member of the Sponsorship Exec for the Investment and Finance society at Lancaster University. I study Finance (BSc) at the University of Lancaster, and frequently play tennis. Having participated in Karate competitions at state and national level for Luxembourg, I know what it means to be prepared and to anticipate the next punch: contextually speaking, the next trend.
My name is James Jaison and I am a Mathematics (MSci) student at Lancaster University. I am a member of the Investment and finance society and a frequent player of squash. Given the recent explosion in the finance industry- mainly due to Cryptocurrency volatility- towards FinTech, I have taken it upon myself to get to grips with understanding the potential that blockchain technology has in the finance industry. This trend is evident as investment bank Goldman Sachs made 37 different investments into FinTech technologies since 2013. I believe that over the course of the next couple of years, there will be only further growth in Blockchain technology investment given its efficient nature.
At the Lancaster University Investment and Finance Society (LUIFS) we organise academic sessions that could take the form of an introduction to the Bloomberg terminal, improving existing knowledge or events that give a deeper insight into the world of finance. Although being one of the biggest societies at the Lancaster University Management school (LUMS), we often collaborate with other societies to organise larger events, giving our members the best chance to network with students in other societies. With our connections in the industry, we regularly invite leading employers to give talks on what students should focus on when applying to top firms.
The upcoming trend that we have identified is the growing influence that FinTech is having on everyday business. Technological advances such as the introduction of online payment platforms such as PayPal at the start of the century and the emergence of the peer-to-peer lending market has triggered a shift in strategy among mainstream lending institutions to invest heavily into FinTech. For example, 2/3rds of IBM’s blockchain references come from the Finance industry, including HSBC and the Merrill Lynch division of the Bank of America. We at LUIFS want to exploit this trend to ensure that students with an skills or an interest within FinTech connect with employers through CryptoTalent.
Activities & Interests
At LUIFS we organise career events and various workshops to help members create the relevant connections and develop financial skills to get their foot into the door of the finance industry. Society activities. We also have our very own Investment fund, handling a capital of £5000+.