Varsity Life (Pilot Edition)

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cONTENTSA Welcomefrom the President of the Student Association, Asmat Ullah

Focus on Ghana! Supporting students globally comes naturally to LSBF and one good deed can change the life of thousands in another country...

06-07

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A message from the Rector & CEO, Prof Maurits van Roojien

60 seconds with... This month’s 60 Seconds features LSBF BIB student Princess Alcantara...

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App of the month Groopic by Eyedeus Labs: The app that puts the missing photographer back in the picture!

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food for thought Minutes of minimum-wage work to buy a Big Mac. Here’s how many minutes a minimum-wage...

The Economic Prospects of Russia Traditionally, Russia has played a key-role in the world economy, as a country with a huge variety of natural resources and vast territory. Recent records showing...

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03

Talk Back Each month we will answer questions posed to the Student Association

Do’s and don’ts for success in the dissertation process

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10-11

Next monthWe will bring you an exclusive interview with the founder of LSBF, Aaron Etingen

Upcoming events As a LSBF student, receive an exclusive £7 ticket to LSBF’s Christmas Party at Tiger Tiger, Piccadily on 13th December with Lost in London. Public Price is £10

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13

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will 2013 be a white christmas? For some, a White Christmas conjures up images of picture perfect winter scenes, snowmen...

04-05

Maurits

Rector & CEO of : London school of business & Finance,

[email protected]

Dear colleagues and fellow students,

Welcome to the launch edition of ‘Varsity Life’, our new monthly student newsletter! We have crammed it full of news and updates that we hope, as an LSBF student, you will find of interest. This newsletter is meant to cover all aspects of life at LSBF and the publication will of course evolve over the coming months.

As this is the first edition, there will of course be changes and alterations to Varsity Life over the year ahead. So don’t be shy – give us your feedback so that we can deliver the news and roundups you want to read about! Next month we will feature an interview with the founder and Chairman of LSBF, Aaron Etingen, so if you have any questions for Aaron, send them in and I will make sure we pose your questions to him. Thanks for reading and I hope you enjoy this first edition. Please do send in your news and updates plus any ideas for features you would like to see!

Looking forward to hearing your feedback and seeing you around campus!

3/ 14

A welcome from the president of the Student Association, Asmat Ullah

A message from the Rector & CEO, Prof Maurits van Roojien

Dear students,

I am very pleased and honoured to be able to welcome you to our very first edition of Varsity Life. It is wonderful to see this LSBF Student Newsletter being coordinated by our very own Student Association and I hope that you embrace this opportunity to communicate with one another and keep us all updated on student new sat LSBF.

The winter season is upon us, everyone is back in the swing of their daily routine and I look forward to future editions of this newsletter as it evolves and

expands, to update us all on student life at LSBF.

Please do send your feedback, contributions and suggestions to the team so that we can ensure that Varsity Life truly reflects the news that the LSBF student body wants to read about.

I look forward to hearing your thoughts on the newsletter and reading future editions.

Asmat

President of the Student Association ,

[email protected]

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season's greetings season's greetings season's greetings season's greetings

Will 2013 be a white christmas?

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For some, a White Christmas conjures up images of picture perfect winter scenes, snowmen and blankets of twinkling white, while for others it spells transport delays and chilly inconvenience.

What are the chances of it being a white Christmas this year? From the look of this chart the odds are increasing each year!Here are a few snowy statistics for you courtesy of the Met Office...

Snow on christmas

Snow lying - number of stations across the UK reporting snow on the ground.

*years without snow are not included.over the last 50 years*

Day

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season's greetings season's greetings season's greetings season's greetings

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Snowfall - the bigger the snowflake, the more stations across the UK that recorded snow falling during the 24 hours midnight to midnight on Christmas day.

• The UK gets on average 33 days of snow fall or sleet a year, most of which is snow falling on higher ground where temperatures are lower.

• Statistically, the snowiest place in the UK is Banffshire in Scotland, with 63.8 days of snow or sleet falling on average. The least likely to get snow is Cornwall, with an average of only 10.2 days of snow or sleet falling each year.

• On 25th September 1895 snow was reported to have fallen at London and Wallington in Surrey making it the earliest fall of snow on the capital.

• Believe it or not, on 2nd June 1975 snow showers forced the abandonment of several cricket matches across the country!

• The snowiest winter of the 20th century in the UK was 1947. Between 22nd January and 17th March snow fell every day somewhere in the country.

• Snow settling on the ground on Christmas Day - as we would expect from a typical Christmas scene - is very rare. There has only been a widespread covering of snow on the ground on Christmas morning four times in the last 51 years.

Focus on

Ghana

6/ 14

Supporting students globally comes naturally to LSBF and one good deed can change the life of thousands in another country. Recently, former student Isaac Gyimah dropped a line to Aaron to thank LSBF for its support and update him on his current activity.

Isaac was given a 100% scholarship for ACCA + MBA and later a part-time job with us as he was unable to afford the associated costs of living and studying in London. This small act of support has gone on to pay dividends as Isaac has since set up his own college in Ghana and is also now Director for Education in Ghana for ACCA.

We asked Isaac his views on LSBF and whether he would like to have an on-going relationship between his business and ours and he said, “Anything for Aaron, Valery and Max. Yahweh bless you guys! Whatever will work for the LSBF brand and recognition, I am happy to be part of it.”

This extremely positive comment shows exactly what we all strive to achieve daily – happy students that want to be a part of our success story into the future.

The relationship with Isaac is now set to continue as he wants his college to be a partner with InterActive so that his school can run the MBA and MSc online programmes in Ghana.

Well done Isaac!

Focus on

Ghana

At over 600 hours of intellectual work, the Masters dissertation is one of the most important projects of your life. It can also be the happiest, and a career-enhancing machine. Here are 5 do’s and 5 don’ts that will help things turn out the right way:

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Do’s and don’ts for success in the dissertation process Courtesy of Dr. Steve Priddy, Head of Research LSBF

DO

• think from day one about the research topic you are going to pursue. Play with ideas in your notebook throughout Part One of the programme.

• try to be a good scholar. Really get into the academic universe, and learn to love the look and feel of peer reviewed articles.

• reference meticulously. The examiner will do a sample check that every in-text citation is supported by an entry in the list of references.

• formulate a research question that is answerable, and research objectives that are SMART. This will drive the rest of your work.

• enjoy the fieldwork – who knows who you might meet that will help you in the next stage of your career?

DON’T

• copy other peoples’ work. You will be cheating yourself in the end. It is most likely you will be discovered anyway.

• seek to explain the 2007 banking crisis – almost every economist in the world has had a go, and failed.

• use Internet sources without great care – the Web is a vandalised library and is, by itself, totally unreliable.

• ignore the word count. The examiner will fail material under-counts, as well as material over-counts. Aim for between 15,000 and 20,000 words.

• make it up. An excellent dissertation is one which is scrupulously honest, even where it exposes your limitations and shortcomings.

LSBF student returns to Ghana to set up own school

What is your name and what are you studying?

I’m Princess Alcantara, a first year student of the Bachelor in International Business program in association with GGSB.

Where were you born?

Im a Dubai born Filipina.

Which part of London are you living in now?

West Hampstead.

Where would your dream home be?

Probably L.A. or San Francisco. Sunny Cali is where my heart is!

60 secon

ds w

ith What is the best piece

of advice you have ever been given?

To harness all the negativity and hurt from past experiences to fuel and motivate oneself.

What did you want to be when you were growing up?

I wanted to be an airforce pilot.

What can’t you live without?

As superficial as it may seem, the internet.

Which actor would play you in a movie?

Shay Mitchell

What is your favourite quote or motto?

“Be who you are and say what you feel because those who mind don’t matter and those who matter don’t mind.” - Dr. Seuss

Which other subject would you study if not the current one?

I would probably have gone to flight school.

Why is education important to you?

As Mr. Nelson Mandela said - “Education is one of the most powerful weapons you can use to change the world.”

Thank you, Princess!

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This month’s 60 Seconds features first year LSBF BIB student Princess Alcantara from the Philippines who tells us a little about what makes her tick and what she aspires to do later in life!

What was your first job?

When I was a little girl I used to help my aunt who is a couturier. I also remember being a dog walker.

What is your dream job?

I aspire to be successful in the marketing and advertising field.

If you could have one superpower what would it be?

To be able to influence and move people is one of the most powerful superpowers one can have.

Who is your idol?

I don’t believe in having an idol but my Mum inspires me every day.

Princess Alcantara, LSBF BIB student

Ever noticed that group photos are always missing the photographer? Groopic solves this problem by seamlessly including your designated photographer friend in every group photo. With groopic, your pictures have every friend, every time. No more asking for help from a stranger or setting up a tripod!

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Appof the month

THE APP THAT PUTS THE MISSING PHOTOGRAPHER BACK IN THE PICTURE

by Eyedeus Labs

groopic

DEVELOPED BY A GROUP OF YOUNG UNIVERSITY STUDENTS IN PAKISTANAli Rehan, CEO of Eyedeus Labs explains: “You simply take two pictures, mark the photographer or photographers and let Groopic work its magic. It automatically turns the incomplete picture into one complete group picture.”

This month’s App was recommended by ACCA + MBA student, Rayed Rauf.

“While there may be other apps (more than 900,000) in the App Store that blend two images into one group photo, I’ve never seen one that’s quite as easy to use as Groopic.”

Jason Parker, http://reviews.cnet.com

“Its ingenious and easy enough to use that any of your moronic friends can work it.”

Ashley Feinberg, http://gizmodo.com

WHAT THE MEDIA HAS TO

SAY ABOUT IT

Source: http://www.prweb.com/releases/eyedeus/groopic/prweb10912928.htm

“Snap the photos. Tap the photographers. And you’re done.”

Sarah Perez, http://techcrunch.com

“Photographers can finally be part of their own shots.”

Ashley Feinberg, http://gizmodo.com

“...a patent-pending photo combining technology that works seamlessly.”

DL Cade, http://petapixel.com

10/ 14

food for thought food for thought food for thought food for thought

Minutes of minimum-wage work to buy a Big Mac30 minutes

CanadaMinimum wage: $9.75Cost of Big Mac: $4.63

35 minutes

United StatesMinimum wage: $7.25Cost of Big Mac: $4.20

282 minutes

MexicoMinimum wage: $0.58Cost of Big Mac: $2.70

173 minutes

BrazilMinimum wage: $1.98Cost of Big Mac: $5.6872 minutes

ArgentinaMinimum wage: $3.79Cost of Big Mac: $4.64

48 minutes

SpainMinimum wage: $5.57Cost of Big Mac: $4.43

22 minutes

FranceMinimum wage: $12.09Cost of Big Mac: $4.43

23 minutes

United KingdomMinimum wage: $9.83Cost of Big Mac: $3.82

66 minutes

PortugalMinimum wage: $4.19Cost of Big Mac: $2.58

30 minutes or less

31 minutes to2hours

morethan

2 hour

s

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food for thought food for thought food for thought food for thought

Here’s how many minutes a minimum-wage worker would have to work to earn enough money to buy a Big Mac burger in these 20 countries:

18 minutes

AustraliaMinimum wage: $16.66Cost of Big Mac: $4.94

24 minutes

New ZealandMinimum wage: $11.18Cost of Big Mac: $4.05

30 minutes

Hong KongMinimum wage: $3.82Cost of Big Mac: $2.12

42 minutes

South KoreaMinimum wage: $4.31Cost of Big Mac: $3.19

31 minutes

JapanMinimum wage: $8.17Cost of Big Mac: $4.16

48 minutes

SpainMinimum wage: $5.57Cost of Big Mac: $4.43

53 minutes

GreeceMinimum wage: $5.06Cost of Big Mac: $4.43

347 minutes

IndiaMinimum wage: $0.28Cost of Big Mac: $1.62

372 minutes

AfganistanMinimum wage: $0.57Cost of Big Mac: $3.51

54 minutes

PolandMinimum wage: $2.83Cost of Big Mac: $2.58

183 minutes

ChinaMinimum wage: $0.80Cost of Big Mac: $2.44

156 minutes

RussiaMinimum wage: $0.97Cost of Big Mac: $2.55

264 minutes

PhilippinesMinimum wage: $0.61Cost of Big Mac: $2.68

Shared by Naman Paropkari, MBA.

THE ECONOMIC PROSPECTSOF RUSSIA

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SEZs are exempt from federal laws regarding taxes, quotas, FDI-bans, labour laws and other restrictive laws in order to make the goods manufactured in the SEZ at a globally competitive price. The SEZ provides special legal status and a set of customs and tax preferences to the investors.

Another step towards attracting investments is ensuring that all companies in Russia accept and adhere to International Financial Reporting Standards (IFRS).

Companies are expected to comply with the rules and regulations of IFRS from 2015.

Nowadays local and international companies based in Russia look to employ highly professional personnel who will able to bring the appropriate knowledge and understanding of accounting, finance and auditing to their workplace as per international requirements.

Russia has a strong relationship with the EU - Europe is the largest investor in the Russian economy: accumulated investments amount to $277 billion, of which over $105 billion are direct investments.

The Special Economic Zones (SEZ) were set up by the Russian

government to expand growth and international interest in the emerging Russian economy. A Special Economic Zone (SEZ) is a geographical region that is designed to export goods and provide employment.

Traditionally, Russia has played a key-role in the world economy, as a country with a huge variety of natural resources and vast territory. Recent records showing Russia’s $3.4trn GDP make it the world’s 5th largest economy.

By Evgeny Pavlov, ACCA

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Each month we will answer questions posed to the Student Association. It could be about student life, exam tips, local restaurant suggestions, accommodation enquiries and current affairs… let us know what is on your mind!

Send us your questions for the next edition: [email protected]!

Talk Back Next month...

Do you want to know how LSBF started, who inspires him or what his tips would be for any budding entrepreneurs? If so, send us your questions! Stay tuned!

we will bring you an exclusive interview with the founder of LSBF, Aaron Etingen

upcoming eventsCHRISTMAS PARTY AT TIGER TIGER - 13TH DECEMBERExclusive £7 tickets with cheap drinks at LSBF’s Christmas Party at Tiger Tiger, Piccadily

As a LSBF student, receive an exclusive £7 ticket to LSBF’s Christmas Party at Tiger Tiger, Piccadily on 13th December with Lost in London. A great saving as the General Public Price is £10. Cheap drinks with a Lost in London Wristband - receive this at the venue.

Venue: Tiger Tiger, The Haymarket, London, SW1Y 4SP / Nearest Tube: Piccadily Circus.

Tickets are available from the Student Association Office: New Court Campus, WC2A 2JE, Ground Floor, behind library

VVARSITY LIFELSBF Student association Newsletter

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