the urge to improve is what makes the difference
The FSA Research Project is an excellent opportunity to provide answers to your business questions. We deliver tailor made professional consultancy services and research reports for companies with international aspirations. As the FSA operates on a non-profit basis, company specific research can be conducted at a competitive price. The quality is guaranteed by years of experience, the careful selection of the researchers, seminars and language courses from knowledgeable experts, and guidance by the best professors the city of Amsterdam has to offer.
Financial Study association
The Financial Study Association of Amsterdam is one of the largest associations for financial and economic oriented students with over 4200 members. The FSA serves as intermediary between students and companies by organizing 20 different projects in the areas of Accounting, Banking & Finance, Consultancy and Investments. For more information please visit: www.fsa.nl
What we can do for you
The aim of the FSA Research Project is to provide consultancy services to multinational corporations with a team of student consultants. Each year a team of 18 students is carefully selected to participate in the project. The team will be dedicated to the acquisition and completion of nine different assignments. During the whole process the students will be trained by a number of leading companies to improve their skills and knowledge relevant to the project.
Each year the research project visits a rapidly developing country in order to explore investment opportunities for companies with international aspirations. Destination of choice for 2019 is Mexico.
The Mexican economy is typified as a free market economy, the size of which amounts to the second largest in the continent of South America and the eleventh largest of the world by purchasing power parity. In the past hundred years, the Mexican economy has changed a lot. Agriculture became less and less important as opposed to the industrial sector, which has grown substantially in size. Today, Mexico is a country with a service economy where retail trade and tourism are important. The country is a significant oil and gas producer, and among the world’s largest producers of coffee, sugar, maize, oranges, avocados and lime. Mexico is the world’s fifth-largest producer of beer and the world’s only producer of tequila.
Throughout recent years, the Mexican economy has experienced macroeconomic stability. This has caused a reduction in both inflation and interest rates and has increased the output per capita. Most of this economic growth is effectuated through the rapidly developing modern industrial and service sectors. Furthermore, the Mexican infrastructure has improved through increased competition in ports, railroads, telecommunications, electricity generation, natural gas distribution and airports. In terms of natural resources, the country has significant hydrocarbons and mineral reserves. In 2016, its oil reserves were estimated at 10.8bn barrels, equivalent to 0.6% of global reserves. The mining sector is among the global top ten of sixteen key minerals. It is the biggest producer of silver and it also has a significant output of gold and copper.
More than 90% of Mexican’s trade with other countries is under free trade agreements. This is a large benefit as the economy is export-oriented. In April 2018, the European Union and Mexico reached an agreement in principle on a renewed trade agreement. The European Committee explained in their statement that import duties will no longer apply on virtually all products. Customs procedures for many products will also be simplified. This renewed trade agreement is expected to be beneficial for European agriculture, machine industry, and transport sectors, as the prices of their export products in Mexico will now be lower through reduced import tariffs and import quota’s.
The OECD and WTO have both estimated the Mexican labor force as the hardest working labor force in the world. However, productivity remains relatively low. The increased implementation of latest technologies has the potential to keep improving the productivity of this work force. With an unemployment rate of 3.4%, Mexico is on the fourth place of all OECD member countries.
In conclusion, the conditions for investors in Mexico are improving. Due to its growth potential, it is a very promising country for the FSA Research Project 2019. It offers investors from the Netherlands various opportunities to expand their working activity in Mexico.
For full information about opportunities in Mexico, please check out our profiler!
To make sure a highly motivated and well differentiated team is formed, both the committee and project participants are carefully selected. Academic results, field of study, relevant work and extracurricular experience among others are evaluated during the selection process.
F.l.t.r. Frans Ijkelenstam, Esmee Valk, Tom Ijzereef, Hannah Elenbaas, Anika van Spanje and Sebastiaan Paes
In order to assure high quality research being conducted, the Research Project for years has had the ability to rely on the support of seasoned professionals from both the academic and professional field.
Drs. L.A. van Eerden
Assistent professor at the department of Finance at the VU
Prof. Dr. T.L.C.M. Groot
Professor of Management Accounting at the VU
Prof. Dr. Ir. H. Rijken
Professor of Corporate Finance at the department of Finance at the VU
Prof. Dr. S.J.G. van Wijnbergen
Professor at the section of Macro & International Economics at the UvA.
Prof. Dr. A.W.A. Boot
Professor of Corporate Finance and Financial Markets at the UvA
Prof. Dr. A. Lucas
Professor at the department of Finance at the VU
Board of recommendation
If you are interested in the Research Project or have any questions, please do not hestitate to contact us!