The tour was part of the new ‘Raising Capital in Global Markets’ unit, which aims to help future leaders understand how corporations in the world’s major markets raise debt and equity capital. It also examines the nature of the secondary markets in which securities are traded.
Course facilitator MGSM Dean Professor Alex Frino said he was excited to offer MGSM students a cutting-edge unit that provided a global experience and exposure to practicing experts.
“This experience aims to prepare tomorrow’s executives to think beyond their local market,” he said.
Fellow course facilitator Professor Andrew Lepone said the unit had been in the making for over five years and it was rewarding to see it come to fruition.
The unit was taught in modules in four major cities: Sydney, Hong Kong, London and Washington DC.
At the Hong Kong Exchange, Johnson Choi, the Assistant Vice President Group Strategy; and Michael Chan, the Vice President Client Business Development taught the first module.
At NASDAQ OMX London, Alasdair Amos, Senior Associate Market Surveillance; and Forensics FCA and Professor Steve Satchel from Cambridge University shared their knowledge.
In Washington’s NASDAQ QMX, the teaches include Claude Corbois, Managing Economist, NASDAQ and Dr Jim Overdahl, Former Chief Economist SEC.
The students returned to Sydney for classes at the Australian Securities Exchange (ASX).
During the course students gain an understanding of how companies raise capital in equity markets and how the process of capital raising differs across the leading financial centres in the world.