Andrei Costea andrei.costea@edhec.com
www.andreicostea.com
+33 645 132908 (France)
+40 726 282829 (Romania)
Education 09/2009 - 05/2012
EDHEC Business School, France – Postgraduate Studies • Grande École Master in Management (Financial Economics track); top 3% student in the 2nd semester • M.Sc. in Financial Markets double degree in the 2nd year • Achieved 700 (90%) in GMAT; granted merit-based “EDHEC Scholarship for Excellence”
10/2005 - 09/2008
Goethe Universität, Frankfurt – Graduate Studies • B.Sc. in Finance, with a subspecialisation in Economics • Bachelor thesis “The Theory and Application of the Black-Litterman Model” evaluated at 1.3 (95%) by Prof. Raimond Maurer
09/1993 - 07/2005
Deutsches Goethe-Kolleg, Bucharest – Primary and Gymnasial Education • Graduated with the German Abitur and the Romanian Bacalaureat
Work Experience 03/2011 - 08/2011
Investment Banking Intern – Deutsche Bank, London
06/2010 - 12/2010
Assistant Sales – BNP Paribas Arbitrage, Paris Skills acquired: client focus, team work, attention to detail, quick-mindedness • Part of a team of 6 Seniors selling equity structured products to German/Austrian institutional & retail clients • Coordinated the post-trade process (confirmation, hedging, listing, settlement) of two OTC deals of €90Mil • Liaised with trading/structuring, legal, marketing and back-office teams to keep daily activity flowing • Produced payoff & sensitivity analysis templates for dispersion, CPPI/OBPI and volatility capped strategies • Created and updated product pitches and term sheets, updated client product reports using Bloomberg and internal secondary-market platform, managed client requests
06/2009 - 08/2009
Investment Banking Intern – BAC Investment Bank, Bucharest Skills acquired: client focus, team work, business financial modelling, financial analysis • Independently managed the creation of the financial plan for the latest venture of a serial high-tech entrepreneur (previously funded by Apax, J.P. Morgan); entrepreneur's feedback: "most sophisticated piece of financial modelling I have ever seen"; 1st financing round based on financial model developed during my internship • Updated and improved company's financial analysis models for initial company and sector screening, under direct supervision of a Partner • Compiled large data set from Eurostat to be used in info memo of a major project
09/2007
Investment Management Intern – Raiffeisen Asset Management, Bucharest Skills acquired: quantitative financial modelling, attention to detail • Built a shortfall Capital Asset Pricing Model (CAPM) after compiling set of 66 time series • Conducted an out-of-sample test of two traditionally allocated portfolios • Constructed a free-cash-flow valuation model and used it to valuate 4 listed companies • Supported Analysts in compiling financial information for internal valuation • Received encouraging assessment from Manager for CAPM and valuation model
03/2007
Investment Management Intern – Pioneer Investments, Bucharest Skills acquired: quantitative financial modelling • Analysed capital market efficiency, international correlation and trends in systematic risk • Created a higher-moments CAPM and a traditional portfolio selection model • Built a template to compute duration of company’s bond portfolio
Skills Linguistic Software
German, English: fluent | French: advanced | Romanian: native Excel, PowerPoint, Word: advanced | Excel VBA, Matlab: basic | Bloomberg, Reuters, ISI Securities
Extra-Curricula & Other Achievements 01/2004 - 01/2011
Invested on the Bucharest Stock Exchange; managed own and second-party portfolios
Since 10/2009
Member of Candeo Investments: student in-house hedge fund of EDHEC; responsible for risk & portfolio management and trading strategies within Fixed Income & Foreign Exchange
Since 10/2009
Manager in FE Debating Society; presenting financial economics debate themes to audience
01/2009
Nominated by the Frankfurt Society for Economic Sciences to present Bachelor thesis to a board of practitioners & academia (a.w. Norbert Walter, Chief Economist Deutsche Bank)
Interests and Activities Aikido (5 years, reached 6Q, participated in 2 national cantonments) & volleyball (4 years, part of high school’s team) ● Speed cycling, swimming and chess (occasionally) ● Visiting children at social centres ● Ancient, Byzantine and Romanian history
References available on request