A thesis worth 10,000 kroner

Daniel Stefanac and Rasmus Møller Schophuss placed third in the competition Sparinvest Prisopgave

The investment association Sparinvest has recently granted awards worth DKK 85,000 to five young students who have written their master’s thesis within investment management.

Daniel Stefanac and Rasmus Møller Schophuss from Copenhagen Business School won the third prize worth DKK 10,000 for their unconventional thesis on real options.

Both of them have studied Economics and Business Administration at CBS. Daniel chose to study the MSC in Finance and Strategic Management programme to obtain a broad theoretical foundation covering both strategy and finance. Today Daniel works as a Junior Associate in McKinsey & Company.

Rasmus M. Schophuus also studied the MSc programme in Finance and Strategic Management, and took some of the courses in Hong Kong. Today he is a Management Consultant in Bain & Company.

Put the theses into practice

The idea behind Sparinvest Prisopgave is to reward students, who write innovative papers of practical use – and not just papers with the highest academic level. Therefore it is Sparinvest’s own experts who assess the theses. The top five theses are then submitted to an external jury, which selects the winners.

It is the third time that Sparinvest arranges the competition in which 26 students from Copenhagen Business School, the University of Copenhagen, the Aarhus School of Business, the University of Southern Denmark, and Aarhus University have submitted their theses.

The winners of Sparinvest Prisopgave 2008

1st prize (DKK 50,000)

Laust Johan Johnsen and Nicolai Troels Møllgaard Lassesen from the University of Copenhagen for ”Models of Credit Derivatives”.

2nd prize (DKK 25,000)

Morten Agdrup from Aarhus University for “Kreditrisikomodeller og prisfastsættelse af aktier”, “Credit risk models and share pricing”.

3rd prize (DKK 10,000)

Daniel Stefanac and Rasmus Møller Schophuss from Copenhagen Business School for “Valuation of Biotech R&D Projects – A Real Option Approach”.

The jury is made up of three professors: Carsten Sørensen, Copenhagen Business School; Carsten Tanggaard, Aarhus School of Business and Claus Munk, University of Southern Denmark.

Lonnie Høgh, Journalist, tel.: +45 27 51 70 34