Student team through in international competition

The student team PEERSoS from the University of Stavanger has gone through to the second round of an international risk management competition. Close cooperation with a Canadian insurance company is now awaiting.

Konstantinos Trantzas and Johannes Nordrum Bratberg Konstantinos Trantzas (from left) and Johannes Nordrum Bratberg are on the UiS student team that is through to the second round of a case-based competition for students of finance, technology and political risk management.

PEERSoS is made up of four students from two different countries and three different areas of specialization.

“This is a very prestigious competition and we’re delighted to have gotten through”, says Johannes Nordrum Bratberg. He has just attained a Bachelor of Political Science with societal safety as a major subject.

His fellow team members are: Dimitris Kostopoulos from Greece who has a Master of Offshore Technology and Risk Management, Frederik Borgersen who has a Bachelor in Computer Science and is now also a Master of Risk Management and Konstantinos Trantzas from Greece who is studying for a Master of Offshore Technology and Risk Management.

Young leaders of the future

Zürich Enterprise Challenge is a case-based competition for students of finance, technology and political risk management. The competition is part of Project Firefly that focuses on
the young leaders of the future. The project is an arena where leading global companies have the opportunity to meet ambitious students from around the world.

The task solved by the UiS team, which earned them a place among the 20 best teams, involved carrying out risk analysis for an international mining company. It was looking for the best possible returns with the least possible risk.

The students charted opportunities in ten given countries based on economic and political factors such as a country’s political stability and taxation system.

“The competition enables us to adopt a multidisciplinary approach to finding solutions for a given problem. Despite the fact that we are pursuing different areas of specialisation, our strengths lie in our shared understanding”, says Bratberg.

Top two

The competition is made up of three phases, and the UiS team is through to Phase 2. In Phase 2, the 20 best teams are each assigned a partner from within the industry, and the team will work closely with the company to solve a new case-based challenge.

During the summer, the UiS team will be carrying out extensive risk analysis with its partner, World Travel Protection Canada Inc., a travel-insurance provider.

Ultimately, the two best teams will present their cases to some of the top companies at the Zürich Global Risk Management Summit 2016 this September.

The winner will be decided in August.

The jury that selected PEERSoS to be one of the 20 best teams in the competition is composed of academic experts from some of the top universities in the world including Harvard, Cambridge, Oxford and UC Berkeley.

Text: Benedicte Pentz
Photo: Asbjørn Jensen