Terence Tse

This course focuses on a concept called Fast-Expanding Markets (FEM). Lately, there is a need to look at the current business environment in a new way; the concept of BRIC countries is no longer as relevant as it was before, and macroeconomic data no longer provide much insight into fast growing opportunities that companies can capitalise on. A seminar on Fast Expanding Markets will develop students' abilities to spot pockets of excellence in different countries. Knowledge and skills gained will help students in their ability to develop and understand targetted market strategies and policies useful to both companies and governments. This module starts with developing an understanding of the current economic and business landscapes and why the concept of BRIC countries is no longer useful to identify new opportunities. The course subsequently examines the various Fast Expanding Markets – what they are, what kind of value they are creating, how they work. Ideally, students who take this seminar will also take the Macroeconomics of Competitiveness seminar because the concepts are linked. Although advanced training in economics or management is recommended to follow this seminar, there is no pre-requisite.

Terence is Professor of Entrepreneurship at ESCP Business School.

He is also a co-founder and Executive Director of Nexus FrontierTech, a London-based scale‑up specialising in modernising data-intensive processes. It provides AI solutions to make business' data machine-usable and providing a robust AI infrastructure for process automation, helping boost organisations' ability to compete through lower costs, greater speed and higher output quality. In addition, Terence holds the role of Co-Chair for the Start-up Lab of the French Chamber of Great Britain. He is also a Research Associate at the University College London Centre for Blockchain Technologies.

Terence is a co-author of The AI Republic: Building the Nexus Between Humans and Intelligent Automation, an international best seller on Amazon. He also co-wrote the best seller Understanding How the Future Unfolds: Using DRIVE to Harness the Power of Today's Megatrends. The framework contained therein was nominated for the CK Prahalad Breakthrough Idea Award by Thinkers50, the most prestigious award in business thought leadership. The DRIVE framework has also led Chartered Management Institute’s own magazine Professional Manager in the UK to name Terence as one of the 18 new voices in 2018 that reshape management and leadership. Talent Quarterly in the US called the DRIVE framework one of the 24 trends transforming talent management in the years to come.

He also wrote Corporate Finance: The Basics, which many students have regarded as one of the best books on the subject.

Terence has provided commentaries on the latest current affairs and appeared in many outlets including the Financial Times, Forbes, The Guardian, The Sunday Times, The Economist, CNBC, Les Echos, the World Economic Forum blog, Harvard Business Review (Arabic, Chinese, English, French, Italian and German), MIT Technology Review, Project Syndicate and WIRED. He has also appeared on China’s CCTV, Channel 2 of Greece, France 24, Japan’s NHK, France’s Xerfi and Radio România Cultural.

Moreover, he delivered speeches at the United Nations, International Monetary Funds and International Trade Centre. Invited by the Government of Latvia, he was a keynote speaker at a Heads of Government Meeting alongside the Premier of China and Prime Minister of Latvia. Terence has also been invited to speak at companies including British American Tobacco, Johnson & Johnson and Lloyds Bank as well as summits and forums in Croatia, Ecuador, Indonesia, India, Italy, Monaco, Norway, Qatar, Russia, Thailand, UK and UAE.

He has either worked with and run training for companies including Air Liquide, Allianz, Atlantic Grupa, BNP Paribas, China Merchant Securities, Costa Crociere, Dukat, EY, F&C Investment Management, Ferrari World, France Telecom/Orange, ICICI, Indian Oil, Indian Railway, London Stock Exchange Group, McKinsey & Co., MOL, Molex, Monte dei Paschi di Siena, NIS/Gazprom, Olayan, Papyus, Pfizer, Podravka, Rexam, Royal Dutch Shell, SONILS, UniCredit, Walgreen Alliance Boots, Walmart, Yahoo! and YIT as well as intergovernmental organisations such as European Parliament, European Commission, European Bank for Reconstruction and Development and the European Defence Agency.

Terence has been invited to be panellists and discussants by The Association for Financial Markets in Europe, Dassault Systèmes, EdtechX and PWC.

Previously, he worked in mergers and acquisitions at Schroders, Citibank and Lazard Brothers in Montréal and New York. Terence also worked in London as a consultant at EY focusing on UK financial services. He obtained his doctoral degree from the Cambridge Judge Business School, University of Cambridge, UK.