the Financial Laboratory (FinLab)
homepage of the Corvinus University of Budapest
The Corvinus University of Budapest opened its financial laboratory on 21 November 2013. The laboratory hosts 12 Bloomberg terminals, a widely used professional trading and data resource in the finance industry. One goal was to establish a Trading Room, where in accordance with the international trends, the Corvinus University of Budapest will be able to support finance education and research methodologies, and by this, to enhance the attractiveness of the University’s offered programs.
During the study period, opening hours are aligned to the timetable of the room. The FinLab could be used on weekdays from 9 am to 8 pm.
Budapest Stock Exchange Top List 2013
The Budapest Stock Exchange awarded the Exchange Top List awards based on the recommendation of a seven-member professional jury a total of nine awards. In the category of enhancing Hungarian Capital Markets, the Foundation of the Department of Finance, Corvinus University of Budapest, was awarded this prize for its FinLab project.
Inspiration – Where the idea comes from
The Trading Floor in Richmond supports the so-called „Experimental Learning” program in which volunteer senior finance students completely mimic the internal processes of a mutual fund and manage a part of the university’s funds (they enter into contracts, compose the strategy of the mutual fund, hold „board meetings” to discuss the asset allocation strategy, mandate brokers for transactions, evaluate the fund’s performance, compile the bookkeeping and the entire administration). Since all decisions should be backed up by researches and analyses the students can put their theoretical knowledge into practice - “learning by doing”.
The Trading Floor occupies a relatively large area at the university as altogether they put into operation 45(great hall) + 12 (small room) computer terminals. This greater capacity is required because here they have more classroom sessions and external trainings than in Richmond. In addition, there are more students potentially using the room. They hold the classes, trainings and company presentations in the great hall while in the small room students can study and research on their own. The Trading Room is entirely managed by Richard Gibble (Director of HCFS).
Photo gallery about the conversion of the FinLab:
Further and larger photos on the facebook.
Last modified: 2016.07.28.