A Pathway into Business: ISL Alumnus Nolan Ducarroz Shares His Route to IE University and a Career in Finance

At the International School of Lausanne (ISL), our goal is to cultivate lifelong learners who pursue their ambitions with purpose and drive. Recently, one of our Academic Counsellor Ms. Edmunds had the pleasure of reconnecting with ISL alumnus Nolan Ducarroz (Class of 2022), who shared his path into business and finance, his choice to study at IE University, and his insights into a field as challenging as it is rewarding.

Pursuing Business at IE University

Nolan is currently pursuing a Bachelor of Business Administration at IE University, a top-ranked private university in Madrid known for its international and innovative approach to business education. As part of IE’s programme, Nolan has chosen to specialise in finance and investments, a focus that emerged from his interest in economics and quantitative subjects. "I realised I loved understanding how numbers shape our perceptions of businesses and the economy," he shared. This interest, combined with Nolan’s drive to explore the mechanisms of financial markets, confirmed his passion for finance as a career path.

IE’s Preparation for the World of Business

When asked how prepared he felt upon entering university, Nolan expressed appreciation for his experience with the International Baccalaureate (IB) at ISL. "Our first semester included a course on research and academic writing, which felt like a continuation of the work we did in IB English and through projects like the Extended Essay," he said. For Nolan, this background provided a clear advantage, particularly in business courses where structured, well-researched reports are key.

He also highlighted how ISL’s academic rigour set him apart from peers, particularly in economics. “Taking IB Economics at a higher level gave me a significant head start in my university economics courses. Concepts that were new to others felt familiar, and I could build on that foundation to understand more advanced material quickly.”

Challenges and New Experiences

Transitioning to life in Madrid presented both exciting opportunities and some unexpected challenges. Though Spanish wasn’t a subject he pursued in depth at ISL, IE offers Spanish courses, which Nolan found invaluable in adapting to his new environment. He has even reached a B2 proficiency level. Socially, the experience of living in a bustling city like Madrid opened doors for Nolan to meet people from diverse backgrounds and forge a tight-knit group of friends. IE’s global environment has proven to be a perfect fit for someone eager to immerse himself in a variety of cultures.

One particular challenge Nolan discussed was group work. “At IE, about 30% of our grades are based on group projects,” he noted. With group sizes as large as nine or ten students, managing dynamics can be tough, especially when motivation levels vary. However, Nolan emphasised that this process has mirrored real-world work environments, helping him to develop valuable skills in collaboration and project management.

Refining Career Aspirations in Finance

Nolan’s decision to focus on finance stemmed from his love of numbers and a deep interest in financial markets. Over time, this interest evolved into a keen desire to understand and participate in capital markets and investment banking. “What draws me to finance is its complexity and the level of commitment it demands,” he explained. He has already gained experience through internships and dedicated time to study, with a clear goal of breaking into the competitive world of finance. Through IE, Nolan also participates in finance societies and clubs, including an investment club and an initiative to create a student-led hedge fund—experiences that provide hands-on learning and networking opportunities.

IE Blue Torch High Academic Achievement Award & Nolan's Macquarie spring internship

The Importance of Networking

For anyone considering a career in finance, Nolan has one critical piece of advice: prioritise networking. He emphasises that networking isn’t just about meeting people; it’s about building relationships that can provide opportunities and guidance. At IE, Nolan has joined finance societies and engaged with alumni, often attending events hosted by top firms like Goldman Sachs and JP Morgan. “Connecting with professionals in the industry has been invaluable,” he said. “A small referral or an introduction can be the difference between advancing in the selection process and being overlooked.”

Reflecting on ISL’s Role in His Success

Looking back, Nolan is grateful for the work ethic and resilience he developed at ISL. The rigorous academic environment prepared him for the challenges he now faces. "ISL taught me to keep going, even when things don’t go as planned. You have to learn to deal with setbacks, and that’s something I draw on constantly," he reflected. For Nolan, this perseverance is a key factor in navigating the competitive nature of finance, where rejection is common, but so are the rewards for those who remain committed.

Advice for Future ISL Students

When asked what advice he would give to current ISL students, Nolan recommended focusing on subjects that align with their future goals, like economics or higher-level maths for those interested in business. He also encouraged students to get involved in finance societies or clubs if they aim to pursue a similar path. “If finance is your passion, start building your skills early. Get familiar with the industry, stay informed, and take every opportunity to gain experience,” he advised.

Nolan’s story exemplifies the impact of dedication and resilience, traits ISL strives to instil in every student. His path is a testament to how a strong foundation, a willingness to network, and a clear focus on goals can guide ISL alumni to exciting and rewarding careers. We wish Nolan continued success and look forward to seeing where his ambition and hard work take him next.