Schlumberger Business Consulting Jobs

 

Schlumberger Business Consulting (“SBC”) is a leading global management consultancy focused solely on the energy sector. It is part of Schlumberger, the world’s largest oil and gas field services company.

 

SBC is actively recruiting from business schools (its headcount is growing at around 15% per year).
 
Permanent roles
 
SBC’s recruitment process is similar to that of the general management consultancies; hence there is a strong focus on case analysis.
 
The interview process is generally in two stages:
  • The first round comprises an HR interview and two case studies.
  • The final round will comprise two or more interviews with senior managers and partners to assess “fit” and a case study.
There are no specific deadlines for applying – interested candidates can apply throughout the year on the company website.
 
Internships
 
SBC does not have any structured internship programme in place. Most internships are offered on an ad-hoc basis. Candidates interested in doing an internship at SBC are encouraged to apply, and the company would review these applications on a case-by-case basis to assess if they have any available opportunities.  
 
Please see more here.
 
 

Rigzone: Oil & Gas Job Fairs

Financial Times: US & Britain Played Financial "War Games" This Week

 

 

 

US and UK to play financial ‘war game’

Britain and the US will stage the first transatlantic simulation of a crisis in a large bank on Monday. It is a sign of growing confidence that the authorities can now deal with the failure of large institutions.

 

All of the main players who would need to be involved in a failure of a company such as Bank of AmericaGoldman SachsBarclays or HSBC will gather in Washington DC to make sure they would know what to do, who to call and how to inform the public.

 

 

Please read more in the Financial Times.

Enjoy the Wild Wall Street Roller Coaster Ride!

 

Some of my students asked me what I thought about all the chaos in the financial and energy markets during the past week. The first thought that popped into my head was the song Roller Coaster by the  Ohio Players.  But then I had to remind myself that my role as the professor is to appear academic when answering my students' questions.  LOL! 

 

So I pontificated for a bit and then reminded them of following:

  • The importance of the news tips they submit each week for our energy trading class is to get them in the habit of analyzing risk and understanding the geopolitics impacting the energy and financial markets.
  • The quantitative models and trading tools we use are rules of thumb - guestimates.  They are not to be used in a vacuum.
  • These models and tools don't mean crap if they are unaware of what is going on in the real world.  

 

Graphics courtesy of PGM Capital.

How I Felt After Grading ~60 Midterm Exams!

   

 

World's Oldest Yoga Teacher is 96!

 

 

 

Despite being close to 100, yoga teacher Tao Porchon Lynch is still inspiring students in New York who are a quarter of her age.

She's been practicing yoga for more than 70 years and shows no signs of slowing down - in fact, she also ballroom dances too! LOL!

China Overtakes U.S. as World's Largest Economy

 

by Mike Bird

Business Insider

Sorry, America. China just overtook the US to become the world's largest economy, according to the International Monetary Fund.

 

Chris Giles at the Financial Times flagged up the change. He also alerted us in April that it was all about to happen

Basically, the method used by the IMF adjusts for purchasing power parity, explained here.

The simple logic is that prices aren't the same in each country: A shirt will cost you less in Shanghai than in San Francisco, so it's not entirely reasonable to compare countries without taking this into account. Though a typical person in China earns a lot less than the typical person in the US, simply converting a Chinese salary into dollars underestimates how much purchasing power that individual, and therefore that country, might have. The Economist's Big Mac Index is a great example of these disparities.

So the IMF measures both GDP in market-exchange terms and in terms of purchasing power. On the purchasing-power basis, China is overtaking the US right about now and becoming the world's biggest economy.

Please read more here.

 

HBS/MIT Energy Symposium

 

This year’s HBS/MIT energy symposium will feature executives (including over 20 CEOs and 15 partners from top PE/VC firms) from leading energy organizations (many of whom will be recruiting) including: 

  • Chevron
  • ExxonMobil
  • ConocoPhillips
  • Saudi Aramco
  • Shell
  • General Electric
  • NextEra Energy
  • Sierra Club
  • Rocky Mountain Institute
  • Department of Energy
  • Cameron
  • NOV
  • Emerson
  • FedEx
  • Bain Capital
  • NGP Energy Technology Partners
  • Riverstone
  • Natural Gas Partners
  • HG Capital
  • SCF Partners
  • Kleiner Perkins Caufield & Byers
  • Energy Ventures
  • RockPort Capital
  • Braemar Energy Ventures
  • CSL Capital Management
  • Imaginea Energy
  • FTS International
  • PIRA Energy
  • Enduring Resources
  • Massachusetts Clean Energy Center
  • Spinnaker
  • Universal Well Services
  • Elevance Renewable Sciences
  • Lanzatech
  • Planetary Power
  • First Green Partners
  • Boston Consulting Group
  • Bain & Company
  • Equitable Origins
  • E3

Please read more here

University Trading Challenge – North America

The 4th US University Trading Challenge – November 14th 2014

An Educational Competition for Finance and Economic Students

The University Trading Challenge (UTC) is open to full-time students in Finance and Economics programs at any university. The competition has four main components: Real Market Trading Challenge , a Portfolio Trading Challenge, and (2) Case-Study Presentations.  The live portion of the competition (Short-Term Trading and Case-Study Presentations) will take place Friday November 14th, 2014 at Fordham University’s Trading Floor in Bronx New York.

Please see more details here.

PBS' Frontline Documentary: "To Catch a Trader"

 

Frontline correspondent Martin Smith goes inside the government’s ongoing, seven-year crackdown on insider trading, drawing on exclusively obtained video of hedge fund titan Steven A. Cohen, incriminating FBI wiretaps of other traders, and interviews with both Wall Street and Justice Department insiders.

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