Thomas Stammel

Thomas Stammel

MSc Finance & Accounting

Why did you choose to study MSc Finance & Accounting and why specifically at Imperial College Business School?

In my previous internships I learned first-hand that accounting and corporate finance are highly interrelated subjects. Accounting often is a necessary basis to understand financial concepts. Consequently, I chose a programme that combines both worlds. I researched various options regarding course offerings, focus on applied learning while being known for academic rigor and overall student experience. Imperial College Business School really impressed me with their Finance & Accounting programme.

What was the most important learning point you took with you from the Business School?

One of my favourite classes was Advanced Corporate Finance. It was a mixture of lectures and case study applications. Each case study was related to a few concepts and was discussed comprehensively in the classroom. We were challenged to not just state the obvious parallels between the case study and concepts like cost of capital. Instead, we were encouraged to develop an understanding of these topics, so that we can explain them as simply as possible to non-finance colleagues.

Also at the beginning of the programme you get a lot of information and you are already thinking about the job application process too. While it can be intense at times, you benefit a lot from being around other people that are just as motivated and goal oriented. It makes a huge difference if you can share your experiences along the way, as everyone will go through similar stages. Furthermore, the Business School is very supportive and preps you for upcoming events.

Career & professional development

How has your programme contributed to your career?

The lecturers at the Business School possess great industry experience and knowledge. I learned a lot of practical tools which are applicable in my everyday tasks. There is a textbook perspective to corporate finance and a practical approach. For example we were taught how corporations tackle corporate finance issues from a practical point of view. Furthermore, the course requires a lot of modelling work for assignments, which proves to be quite useful.

What do you enjoy most about your work and what are the main challenges that you face?

I work in business unit controlling in the chemical industry. This allows me to analyse how P&L items are influenced by real operating business processes and decisions. A challenge is of course the forecasting process, which requires the consideration of multiple uncertain events in production and sales. The learning curve is very rewarding. I constantly learn new facets about the industry, the company and my particular field of work. Furthermore, I’m part of an experienced team which makes this position a great starting point for a graduate.

The alumni network

In what way is remaining connected to your alumni network important to you? 

I met a lot of great fellow students at Imperial. The alumni network is important to me as it provides the opportunity to stay connected after everyone goes their different ways after graduation. It’s super interesting to hear from former classmates and discuss career developments.

Advice for future students

What advice would you give to a prospective student considering studying the same Business School programme as you?

The programme is great if you want to expand your finance and accounting knowledge while keeping your options open. The skills you can pick up here will equip you for placements in banking but also for finance jobs in the industrial sector.

MSc Finance & Accounting 2018

Nationality: German

Undergraduate education: BSc Business Administration, Catholic University of Eichstätt-Ingolstadt

Job prior to Imperial College Business School: Internships in the areas of corporate finance (Fresenius Kabi), investment banking (M.M. Warburg & CO) and audit (PwC). Banking apprenticeship at Commerzbank

Current position: Business Unit Controller, BASF