Fit for TUMorrow Day 2019

You study mathematics, financial and actuarial mathematics or business mathematics? Then get in touch with experts from the finance and insurance industry on the Fit for TUMorrow Day!

On Friday, November 15, the time has come: In the building of the Faculty of Mathematics you can expect exciting workshop topics, numerous booths of well-known partner companies and the chance to get to know company representatives directly.

The annual Fit for TUMorrow Day is part of the Fit for TUMorrow initiative, which gives students a unique insight into entrepreneurial practice. The event takes place between 09:00 and 17:00 at the main plaza and the surrounding lecture halls and seminar rooms.

 

The Fit for TUMorrow Day at a glance

Date

Friday, 15.11.2019, 09 am to 5 pm

Location

Faculty of Mathematics, Boltzmannstr. 3, 85748 Garching bei München (Subway station: Garching-Forschungszentrum)

Program Workshops (German/English), and a corporate fair, where participants have the opportunity to pre-schedule personal interview sessions

Target Group

Students, Graduates

Recognition

You can receive 1 ECTS Credit Point for your participation in at least 3 workshops! Register in TUMonline under the module ID MA8028 and hand in a written summary (3 DINA4 pages) in German or English to Susanne Deuke (deuke@tum.de) until 20th December 2019.

Registration

Registration is now available through this form. From 9th November, it is no longer possible to register for personal interviews. For the company fair as well as for the workshops you are still welcome to apply.

Program: Fit for TUMorrow Day 2019

Workshops and Lectures

Students can choose from a variety of workshops in English and German. The workshop schedule and more information on the topics of the workshops can be found below.

Allianz: Versicherung mal anders

Ist Versicherung wirklich so langweilig, wie viele denken oder kann Versicherung auch anders sein? Wir sind ein junges, dynamisches Team bei der Allianz und fest davon überzeugt, dass wir mit Daten einiges bewirken und bewegen können. Wir möchten mit Euch teilen, an welchen spannenden Analysen wir gerade arbeiten, welche Maßnahmen wir daraus ableiten und was es heißt, als Data Scientist oder Aktuar bei der Allianz zu arbeiten.

Assenagon: Contingent Convertibles – From myths to maths (EN)

Contingent Convertibles (CoCos), invented to prevent from using tax payers money to bail out failing banks, are still being controversially discussed. Since CoCos have evolved from a niche product to a well established market which investors can hardly ignore, an in depth analysis is the lynch pin to investment success. The presentation will provide insights to the specific risks of this capital instrument.

BayernLB: Counterparty credit modelling using Bayesian networks (EN)

A number of recent publications has proven how strong the world's financial market is connected. Although this is a very important feature, especially for counterparty credit risk modelling, hardly any quantitative model makes use of it. In this talk we present a novel method to fit Bayesian networks to historic CDS spread time series to quantitatively measure dependence structures between participants on the financial market and estimate the chance that financial stress is propagated from one to the other. As a concrete application we consider Wrong way risk effects on Credit valuation adjustments (CVA) which arise in the case of a joint default of a bank's counterparty and its sovereign.

 

BayWa: Price discovery and algorithms in agricultural future markets (EN)

The presentation/workshop will be about the changing landscape in (agricultural) future markets where technology & algorithms are becoming the major drivers in price movements. Price discovery therefore happens much faster and often in (micro) seconds. There will be an overview how some of these algorithms work and how the latest technology is used by commodity traders. After the presentation, there will be time to brainstorm how we could take advantage of the latest technologies.

 

Celonis: Process Mining with Celonis – the accelerator for digital transformation (EN)

Digital Transformation is a key strategic priority for companies all around the world. But what is transformation? And how is it already achieved today?

The answer is hidden in business processes and made transparent by Process Mining. This technology allows the user to reconstruct, analyze and improve business processes based on the log data stored in the IT system. It enables faster and more precise insights into companies and therefore better decisions towards customer experience, efficiency and cost reduction.

Along with Celonis employees from various departments you will discuss skills and challenges that are crucial to transform a customer’s business.

You will...

  • learn about process excellence as a key success factor for global businesses.
  • identify transformation potential using the innovative Celonis Intelligent Business Cloud.
  • experience various use cases from different industries.
  • solve a real-world transformation challenge.

You and your team will present your case solution, get valuable feedback and experience the Celonis spirit.

d-fine: Autonomes Fahren und eLearning – Neue Trends und ihre Auswirkungen auf die Finanzindustrie

Sei es eine geänderte Kundennachfrage oder der Einsatz neuer Technologien – das autonome Fahren stellt die Versicherungsunternehmen vor große Herausforderungen. Anhand eines Beispiels aus der Prämiengestaltung werden wir wesentliche Änderungen diskutieren, auf die die Branche zusteuert.Auf Grund beschleunigter Innovationszyklen, insbesondere getrieben durch die Digitalisierung, müssen Unternehmen aus der Finanzbranche Wege finden ihre Mitarbeiter effizient auf die daraus resultierenden Anforderungen vorzubereiten. Im zweiten Teil dieses Vortrags werden wir daher Methoden diskutieren wie Mitarbeiterentwicklung in Zukunft aussehen kann.

 

ERGO: deep_learning@ergo

Für Mathematiker*innen bietet die ERGO eine Vielzahl an Einsatzmöglichkeiten. Insbesondere Themen rund um Data Analytics genießen momentan ein hohes Interesse. In diesem Vortrag soll der Bereich Advanced Analytics vorgestellt werden. Anhand von Use Cases soll konkret gezeigt werden, wie Methoden des Machine Learning in der Praxis zum Einsatz kommen. Dabei wird der Fokus auf der Textklassifikation mittels neuronaler Netze liegen.

Finbridge: IBOR-Transition: Neue Zinssätze für die Finanzmärkte

Die bevorstehende Ablösung der IBOR-Zinskurven durch neue Referenzzinssätze stellt die Finanzmärkte aktuell vor große Herausforderungen und hat weitreichende Auswirkungen für Banken u.a. in den Bereichen Bewertung, Risikomessung und Hedge Accounting. Es werden verschiedene Fragestellungen aus der Praxis aufgezeigt und ein Einblick in den abwechslungsreichen Berufseinstieg als Berater vermittelt.

 

FORRS: Algorithmic Trading in Energy Trading - A rapid Development and an essential Component for a successful Energy Transition (EN)

As a result of market liberalization and the energy transition (Energiewende), energy trading has significantly changed. Market participants are confronted with higher uncertainty regarding tradable volumes and increasing volatility in the markets. FORRS’ presentation will present insights into how algorithmic trading can be applied to counter these challenges and will discuss practical examples.

KPMG: The IBOR Reform - A challenge for the international banking industry (EN)

The era of the discredited IBOR interest rate benchmarks, esp. the well-known LIBOR benchmark, is about to end. By no later than 2022, only so-called risk-free rates shall be used. The changes affect almost all financial products with variable interest rates as well as fixed rate loans with embedded options that depend on variable rates. In Europe, the introduction of the Euro Short-Term Rate (€STR) as a new risk-free rate in October 2019 will have an impact on operational processes in banks as well as the valuation of financial products since it directly relates to collateral interest and necessitates adaptions in discounting curves. Furthermore, both from an operational and from a legal perspective, existing financial contracts referencing IBORs that discontinue have to be analyzed to extract relevant information, which is only efficiently feasible by means of digitization and AI-based analysis. We will illustrate how we help our clients understand and prepare for the challenges of the IBOR transformation process.

metafinanz: Deus ex machina - der Gott aus der Maschine und der Teufel im Detail

Selbstfahrende Fahrzeuge aus Sicht von Recht und Versicherung - Der Kfz-Versicherungsmarkt ist mit fast 117 Millionen abgeschlossenen Verträgen in Deutschland das größte Segment des Kompositversicherungsgeschäfts. Mit der Entwicklung selbstfahrender Fahrzeuge rast dieses Segment der wohl größten Veränderung seit seiner Entstehung entgegen. Auf dem Weg dorthin gibt es allerdings, neben den technischen Hürden, auch tiefgreifende moralische und rechtliche Fragestellungen zu klären.

Munich Re - many mathematicians work there and like it (EN)

In the workshop we will share the typical activities and challenges mathematicians are facing at Munich Re.

PwC: Machine Learning im Pricing von Versicherungen

In diesem Workshop können Studierende in mehreren Teams an einem echten Datensatz verschiedene Machine Learning Methoden zur Prämienkalkulation eines Versicherungsproduktes anwenden und anschließend ihre Ergebnisse präsentieren und vergleichen.

 

RGE: Aktuelle Herausforderungen in der Finanzindustrie

Gemeinsam mit den Studierenden werden wir aktuelle Herausforderungen der Finanzindustrie behandeln und mögliche Lösungsansätze im Rahmen eines Cases mit Hilfe Design-Thinking-Methoden interaktiv erarbeiten.

 

ROKOCO: Versicherungsdetektive 2.0 – Künstliche Intelligenz in der Betrugsabwehr

Dieser Workshop stellt eine Studie vor, die von ROKOCO zusammen mit einem Schadenversicherer zum Thema künstliche Intelligenz in der Betrugsabwehr erstellt wurde. Hierbei werden verschiedene mathematische Methoden wie neuronale Netze und Clustering beleuchtet und auf ihre Anwendbarkeit auf Echtdaten aus der Autoversicherung getestet.

 

XAIA Investment: Relative - Value Strategien

In diesem Workshop stellen wir vor, wie wir Relative-Value Strategien umsetzen und welche Finanzinstrumente dabei zum Einsatz kommen.

 

Corporate Fair

Between 11 am and 4 pm, our partner companies from the insurance, banking and management consulting sectors present themselves at an exclusive corporate fair. The experts are happy to answer your questions - whether to possible bachelor and master theses, job entry positions or internships. The following companies will be present in addition to the companies taking part: Allianz Global Investors, Amundi, Bayerische Versorgungskammer, HypoVereinsbank - Member of UniCredit, MEAG MUNICH ERGO Asset Management, WWK and the newly founded FiMaTUM Alumni Club.

If you would like to schedule a personal one-to-one interview in advance, you can register and arrange an appointment with your preferred company.