Upload
margaretmargaret-gallagher
View
218
Download
0
Tags:
Embed Size (px)
Citation preview
Local Developments in Enhancing University – Industry Collaborations
Borsa Istanbul’s Experiences
Ass.Prof.Dr. Erk HACIHASANOĞLUGroup Manager, Borsa İstanbul
AGENDA
THE IMPORTANCE OF UNIVERSITIES FOR FINANCIAL
CENTERS
UNIVERSITY STOCK EXCHANGE COLLABORATIONS
COLLABORATIONS BETWEEN BORSA ISTANBUL AND
UNIVERSITIES
CONFERENCES, OTHER COLLABORATIONS
CARF (CENTER FOR APPLIED RESEARCH IN FINANCE )
JOINT VENTURES BETWEEN BORSA ISTANBUL AND
UNIVERSITIES
SOFTWARE COMPANY
TECHNOPARK (FINANS TEKNOPARK A.Ş.)
1
THE IMPORTANCE OF UNIVERSITIES FOR FINANCIAL CENTERS
Source: World Bank, Z/Yen GFCI16*, WEF 2013, Global Talent Competitiveness Index 2013 , http://www.webometrics.info/en/node/54
R&D, innovation, HR development are supported within the scope of İstanbul Financial Center Project
İstanbul; ranked low in number of universities at top 1000 compared to top 14 financial centers
is not yet at the same level with prominent global financial hubs in terms of human capitalFinancial Center Country Ranking* Num. of Univ.at Top
1000 (per 10 mil.)Human Capital (HC) Overall Index
HC Education Index
HC Workforce and Employment Index
Global Talent Index
New York USA 1 8,4 16 11 4 9London United Kingdom 2 9,8 8 10 10 7Hong Kong Hong Kong 3 8,6 - - -
Singapore Singapore 4 4,0 3 3 2 2
San Francisco USA 5 8,4 16 11 4 9
Tokyo Japan 6 2,4 15 28 11 21
Zurich Switzerland 7 12,5 1 4 1
Seoul South Korea 8 4,2 23 17 23 28
Boston USA 9 8,4 16 11 4 9
Washington DC USA 10 8,4 16 11 4 9
Toronto Canada 11 9,1 10 2 15 11
Chicago USA 12 8,4 16 11 4 9
Geneva Switzerland 13 12,5 1 4 1 1
Vancouver Canada 14 9,1 10 2 15 11
İstanbul Turkey 42 1,4 60 77 83 67
2
UNIVERSITY STOCK EXCHANGE COLLABORATION EXAMPLES
Global exchanges put emphasis on enhancing collaborations with academia
Stock Exchange University Collaboration Topics
TMX Group Various Universities Offering to the student community a national perspective on the financial industry
Singapore Exchange Nanyang Technological University NTU-SGX Centre for Financial Education for capital market professionals in Asia
Shanghai Stock Exchange Fudan University Professional training, collaboration in scientific research and sharing of intelligence resources
National Stock Exchange of India New York University Stern School of Business Initiative on the Study of Indian Capital Markets
NASDAQ OMX Various Universities NASDAQ OMX Educational Foundation Inc./ Awards
Johannesburg Stock Exchange University Of Johannesburg Financial reporting investigation
Japan Exchange Group University of Tokyo Research
EUREX Shanghai Advanced Institute Of Finance, Shanghai Jiao Tong University Research and financial education
Deutsche BörseCardiff Business School, LSE, Goethe University, University Of Kent, The Chinese University Of Hong Kong etc.
Education and training, HR development
Deutsche Börse Singapore Management University Access to market data
Deutsche Börse Frankfurt and Darmstadt Universities E-finance lab
CME Group University Of Illinois Increasing the public's understanding of the enormous value of agriculture commodities
CME Group Various Universities Education on derivatives
CME Group Tulane University Simulated energy trading
Bombay Stock Exchange Ryerson University Start-ups
BM&FBovespa Endeavor Institute And Babson College Entrepreneurship programs
Abu Dhabi Securities Exchange Abu Dhabi University Institutional development, curriculum development, and information dissemination
3
CONFERENCES AND OTHER COLLABORATIONS
Organized Events;
Link for all events:http://borsaistanbul.com/en/corporate/research-and-business-development/seminars-and-conferences
4
CENTER FOR APPLIED RESEARCH IN FINANCE
Established in March 2014
In collaboration between Borsa İstanbul and Boğaziçi University
Mission
– Theoretical & empirical research on
quantitative finance
financial innovation and technologies
asset pricing
portfolio management
market microstructure
investor behavior
5
CENTER FOR APPLIED RESEARCH IN FINANCE
Aiming at
Contributing to the decision process of actors in Turkish financial
sector
Providing solutions for policy makers & regulators to the current
economic issues.
Supporting the IFC: making İstanbul an academic and professional
hub in financial innovation
Developing new products
Improving the cooperation between academia, investment banks,
funds, investors and domestic & foreign regulatory authorities
Advisory and training
Contributing to the academic careerS of B.S., M.S and Ph.D.
Students (both academic and practical)
Publishing articles in high-level international journals
6
CENTER FOR APPLIED RESEARCH IN FINANCE
Subject of activity
Interdisciplinary studies combining different fields such as finance, economics, mathematics, engineering
Developing financial products and technologies
Collaborations with national/international institutions
Publishing and translation activities
Organizing scientific meetings, conferences, workshops etc.
Providing advisory services to related parties
7
SOFTWARE COMPANY
Long Term Perspective
Borsa Istanbul and Istanbul Technical University have been planning to establish a software company
It will be located at ITU ARI Teknokent
The aim of the project is to synthetize the experience of Borsa Istanbul with the academic knowledge of ITU in order to contribute financial sector
8
FİNANS TEKNOPARK A.Ş.AIM OF THE PROJECT
to establish a thematic (finance-oriented) technopark in İstanbul
to host companies which develop products and software in financial
IT field
Structure of technopark Borsa İstanbul Boğaziçi University
Founders ü üShareholders 50% 50%
9
FİNANS TEKNOPARK A.Ş.DIFFERENCES OF FİNANS TEKNOPARK
The unique technopark in Turkey
with finance-oriented structure
Project will reveal the fact that
progress in technology can be
sustained by cooperation between a
stock exchange and a university
It is aimed to allocate at least ten
percent (legally five percent) of
rental areas for incubation center
THANK YOU