ESSEC Involvement Week – Gender & Finance workshop
The Gender & Finance Workshop took place on Friday October 14th 2016 at ESSEC Business School K-Lab located in ESSEC Cergy campus. The workshop was part of the ESSEC Involvement week 2016.
Organized by Professor François Longin and Professor Estefania Santacreu-Vasut, from the Finance and Economics department respectively, the workshop attracted a varied audience from diverse backgrounds.
Gender & Finance workshop:
simulations using SimTrade and discussion around gender in finance
The workshop was organized in two parts: first, participants were invited to participate to an experiment in financial markets to test if gender stereotypes influenced their financial decisions; second, we debriefed the experiment, shared some statistics about the choice of studies and careers by ESSEC students and organized a debate around the issue of gender in finance.
Gender & Finance participants background (morning session)
Gender & Finance participants background (afternoon session)
These workshops are a fundamental part of the project Gender & Finance, which mission statement is to “unblinding gender in finance: from the classroom to the trading floor”. In other words, we think that taking into account the “gender” dimension, in the academic world – in the classroom – and in the business world – in the trading room –, can bring value for society.
One of the reasons that pushed us to investigate students’ reaction to gender related news in the context of finance was that we realized that few female ESSEC students choose to specialize in finance during and after their studies although there are as many female as male students, and more importantly, female students tend to perform better in the classroom. We also realized that our finance curriculum was gender blind and that this was probably the case of the financial industry as well. We then decided to follow an experimental approach using the simulation tool SimTrade, which main advantage is to contextualize a financial experiment with social factors to create these workshops.