10 th July 2007 : Students and faculty members at the Indian Institute of Foreign Trade had the wonderful opportunity of interacting with UBS COO Larry Murphy at the institute’s Delhi campus on Tuesday.
Mr. Murphy spent more than an hour interacting with students of both the junior and senior batches and also answered patiently several of their queries related to the Indian economy in general and UBS in particular. He also watched a presentation made by the IIFT faculty members highlighting the tough process the institute uses to select its students.
While addressing the students, he recalled his days spent at the Harvard Business School in the early ‘90s and repeatedly told them how they should enjoy these two years as much as possible. “This is the best period of your life, but it may take you several years to realize that,” he emphasised.
He retained his strong sense of humour even while tracing the history of UBS from a modest beginning in the nineteenth century to one of the most sought after investment banking firms in the world today.
Praising the high growth rate the Indian economy has been witnessing, he spoke about how in the developed world a growth rate of even 2-3% is difficult to achieve.
He also attended a separate session with second-year students specialising in finance, clarifying their doubts on investment banking in general, while also discussing how UBS's global and Indian strategies.
Special Thanks to : Ms Vividha Kaul
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