12 March 2008
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Accounting and Finance students at UBS Bank, Zurich, during an International Studies Program tour.
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A group of Accounting and Finance students have had the experience of a lifetime on a European study tour.
The group of 35 students visited international financial organisations inEurope as part of the Department of Accounting and Finance International Studies Program, which aims to give students a practical understanding and appreciation of global financial markets.
The students were accompanied by Associate Professor Carolyn Windsor andlecturer Roger Love, from the Department of Accounting and Finance, as they travelled to financial institutions in Rome, Zurich, Brussels, Paris and London.
The trip included visits to the United Nations Food and Agricultural Organisation, Banca di Roma (part of the Capitalia Banking Group -- one of Europe's largest banks), UBS Bank, the European Commission, the Organisation for Economic Co-operation and Development, Alstom, the European Regional Office of National Australia Bank, and the London Metals Exchange.
Coordinator Roger Love said the trip was extremely beneficial for thestudents.
"The benefits of visiting the leading international capital markets -including European banks, European-based multi-national companies and influential European institutions - were particularly pertinent in light of recent financial market turmoil," Mr Love said.
"At UBS, Zurich, students had the opportunity to discuss the US$13.7billion write down in securities affected by the sub-prime mortgages crisis emanating in the US."
The students were also able to discuss the financial ramifications of theEuropean Union's climate change policy with an officer directly involved in the drafting of the policy.
The International Study Program is scheduled annually. More information isavailable at the Business and Economics faculty website. | 
