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Application to Female Economist of the Year (FEOY) 20l4. 
PilIPPIPIPI O•nr 
Marielle Bor Worn 
113 50 Stockholm 
Mobile: 
Email: 
Stockholm, 10th of April, 2014 
Dear Sir/Madam, 
I have the drive, passion and comprehension to quickly step in 
and make a difference and I believe that these qualities make me 
the right candidate as the FEOY 2014. 
When I take an interest in something or receive a challenge I 
perform at 110 % and my dance career shows proof of that, the 
passion for the sport took me to elite level both nationally and 
internationally. I am a contestant and force myself to succeed which requires imagination and patience. I strive to 
climb the career ladder, taking on a leadership role and want to inspire and motivate not only a younger female 
generation, but everyone. In 2008, I and seven other dancers produced a dance show to stop the youth violence, 
make a statement and inspire people to reach their dreams and goals. no matter what. It is never too late to 
change, and there is help getting back on the right track. Through the show, as well as being a dance teacher and 
an elite dancer, I became a role model especially for younger women. I believe in supporting people in my 
surroundings and have taken great pride and gratefulness in having the ability to help and impact younger 
women's lives in going after their dreams. This is something I hope to be able to take to another level and 
continue my work through the award FEOY 2014 and being part of Barbro's Best and Brightest (BBB). 
I want to have a fulfilling and challenging life both professionally and personally. and make a difference. Even 
though Sweden is one of the better countries when it comes to equality, we sure do have a long way to go and 
many issues to deal with in order to improve, where the glass ceiling is one important issue. It is known that men 
as a group have more power and larger income than women. At the same time, men are overrepresented in 
prisons and among homeless, and have lower life expectancy. According to Niklas Jarvklo, researcher in gender, 
this can be explained by the fact that certain men pay the price for other men's power. His opinion made me 
wonder; does becoming powerful and climbing the career ladder necessarily has to be at the expense of someone 
else's fortune? How can women excel to the top, without letting other women pay the price for others' 
successes? Or should we let the men pay? Neither are sustainable solutions, for the society as a whole, or for 
women. We women are more compassionate, and although women are recommended to become more 
aggressive in their leadership role in order to compete with men, I believe in using what differentiate us instead. 
Women are perhaps more willing to help, not only each other, but men as well, instead of climbing of each other. 
It is not all about making your way, but also about supporting others, no matter gender. 
Once a former boss told me; "Use everything you got". Men do it, women must be better at it. We need to dare 
more, and women are more afraid of failing than men. Studies have shown that women fear competitions more 
than men, giving the indication of women fearing failures. Customs, boundaries and barriers sure are in women's 
way, but perhaps there is a loophole here where we women can stand out and we need to take advantage of that. 
Being awarded as the FEOY 2014 would enable me to inspire women to dare more, set high goals and even 
embrace failures; life isn't fun without a little struggle! I am not afraid of using what I got and have thick skin, 
and combined with the talents I can contribute to BBB, I look forward to a long collaboration to change the 
business world. 
I aim to work for a company that has growth potential, is profitable, global and most importantly entrepreneurial, 
which Spotify possesses. Spotify is to me very impressive and a great inspirational source, driving force and the 
will of fighting for what you believe in is something we have in common. I have an interest in making business 
and I enjoy being part of real solutions with bottom line impact where I can contribute with team-oriented, 
client-focused, analytical and quantitative skills. Adaptability and being able to quickly digest a steep learning 
curve are necessities I possess, which I have shown in past positions at Deloitte and Atlas Copco internationally. 
I would like to be a part of the on-going development at Spotify and with my dedication show you that I can 
make a difference. If Spotify and BBB appreciates independence and creativity I guarantee you that I am the 
right candidate who will provide the company and the network with exciting surprises since I am a woman with 
many talents. 
I hope I have attracted your attention and I look fonvard to a personal meeting where I can tell you more about 
myself and my qualifications. 
Yours sincerely 
//Marielle Borgstrom 
EFTA00593603

Curriculum Vitae 
Marielle Borgstrdm 
113 50 Stockholm 
Sweden 
EDUCATION 
Mobile: 
E-mail: 
Date of birth: 
Iacocca Institute, Lehigh University (upcoming experience) 
Bethlehem, PA, U.S. 
Global Village for Future Leaders Of Business and Industry (five-week leadership training) 
06/2014-08/2014 
- Awarded an Iacocca partial-tuition scholarship 
Stockholm School of Economics (SSE) 
Stockholm, Sweden 
M.Sc. Accounting & Financial Management. 120 ECTS. Expected graduation 06/2014. 
08/2012 — on-going 
B.Sc. Finance and Accounting & Financial Management 180 ECTS, CPA 3.80 (10). 
0812009 — 06/2012 
- Extracurricular activities: Business English (7,5 ECTS), the Student Association; 
Representative for the Business Committee (responsible for hosting business' lunch and dinner 
presentations), Room Manager at Nobel NightCap (the official party following the Nobel 
Banquet) including budgeting, corporate relations and sponsorships, and -Smittingforalder" 
(introduction for 300 new students at SSE) 
McCombs School of Business, The University of Texas (exchange studies) 
Austin, TX, U.S. 
MBA. Entrepreneurship, Finance and Management. 30 ECTS. CPA 3.13(4.0). 
08/2013 — 12/2013 
- Extracurricular activities: Member of Graduate Women in Business (GWiB), MBA Project; 
Business Plan proposal for the start-up company Moth to Flame (film production company), 
Fundraising for Make-A-Wish Foundation (raised in total S136 065) 
Secondary School Wargentinsskolan (Jamtlands Gymnasium) 
Ostersund, Sweden 
Focus of studies: Social Science (international), all classes in English. CPA 19.8 (20.0). 
08/2005 - 06/2008 
PROFESSIONAL EXPERIENCE 
Atlas Copco, Master Thesis Project (-40 hAveek) 
- Business target: establish a method for tracking and reporting good and poor working capital 
management among Atlas Copco's subsidiaries and quantify the economic benefits of the 
potentially improved working capital management 
Atlas Copco, Consultant (pan-time -10 Jacek) 
- Responsibilities: lead and execute different ad hoc projects. Examples of projects: (I) execute 
bank surveys, compile results and present to top management and core banks, (2) collect 
information regarding R&D among Atlas Copco's four different business areas; quantitative 
data, strategies and main objectives. 
Atlas Copco, International Internship Program: Project Manager (-40 h/week) 
- Responsibilities: investigate how the FX trade processes for each subsidiary in South America 
look like and suggest viable solutions for improvements in each subsidiary that ensure lower 
transaction costs and competitive prices when exchanging currencies. Before starting the 
project I received training in project management. 
- Results: Price and transaction cost reduction with 0.25 % of the trading volume 
Deloitte Touche Tohmatsu, Transfer Pricing Group (part-time -8-16 hAveek) 
- Responsibilities: devising and performing industry research and financial analysis of 
companies, communicating with clients to obtain factual and financial data, as well as drafting 
reports in support of findings. Additional responsibilities include assisting with client 
marketing efforts and maintaining project files. 
Deloitte Touche Tohmatsu, Accounting assistant (-45 hAveek) 
- Responsibilities: current record of accounting, process accounts payables, verify payment to 
accounts receivables submission, prepare account reconciliations, journal entries, annual 
accounts and tax returns, and contact with the clients 
- Results: job offer for summer 2012 and 2013 
Deloitte Touche Tohmatsu, Audit intern (-50 h/week) 
- Responsibilities: scrutinize clients' financial reporting, identify company risks through overall 
risk- and financial analysis, analyse internal controls and processes 
- Results: offered a full-time position after the assessment day 
Swedbank, Bank Sales Advisor (full-time -40 hAveek, part-time -9 hAveek) 
- Responsibilities: meet customers' needs within private banking 
- Results: outperformed sales target with 50 % 
ICA Kvantum (grocery store), Cashier (fidl-time -45 hAveek, pan-time -10 hAveek) 
- Responsibilities: cashier and unpack groceries 
- Results: manage the accounting, ordering of tobacco etc. Offered full-time after summer job. 
Kappahl (clothes chain), Sales Advisor (pan-time -7 hAveek) 
- Responsibilities: actively work with sales and help the customers 
Dawes Dansinstitut (dance school), Dance teacher (pan-time -8 h/week) 
- Responsibilities: teach children in different ages in dance (street and disco) 
- Results: promotion in level of class; responsible for advanced dancers/coaching contestants 
Stockholm, Sweden 
01/2014 - on-going 
Stockholm, Sweden 
01/2014 - on-going 
Santiago, Chile 
06/2013 - 08/2013 
Stockholm, Sweden 
09/2012 - 06/2013 
Ostersund, Sweden 
06/2011 - 08/2012 
Stockholm, Sweden 
12/2011 - 02/2012 
Ostersund/Stockholm, 
Sweden 
06/2010 - 06/2012 
Ostersund, Sweden 
05/2007 - 08/2010 
Ostersund, Sweden 
09/2008 - 08/2009 
Ostersund, Sweden 
09/2005 - 06/2008 
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Curriculum Vitae 
Marielle Borgstrum 
113 50 Stockholm 
Sweden 
OTHER MERITS 
Mobile: 
E-mail: 
Date of bin 
Deloitte International Student Business Forum (leadership and career development event) 
Athens, Greece 
ISBF is a unique leadership and career development forum for top talented students from 
03/2011 — 03/2011 
around the world. Students from around 20 countries are selected to attend the four day event 
hosted by Deloitte and the world leading Institute of Management Development (IMD). 
- Responsibilities: work in cross-cultural teams to solve a complex business case 
Dancer at elite level in disco 
Worldwide 
Participated in National, European and World Championships 
08/2000 - 06/2008 
Kornelicious OF (Ung Fdretagsamhet), Co-founder 
Ostersund, Sweden 
I and three more people started a company producing and selling socks. 
09/2007 — 05/2008 
Results: awarded - Best Handcraft" and - Best Show-case". 
UNCUT 2008, Co-founder and Project Manager 
ostersund, Sweden 
I and seven other dancers produced a dance show (involving 20 dancers at advanced level and 
04/2007 - 04/2008 
many volunteers) to stop the youth violence. It was financed through sponsorship, scholarships 
and sales revenues. 
LANGUAGE & COMPUTER SKILLS 
Swedish (native), English (fluent), German (good), Spanish (basic), MS-Office (daily user), Microsoft Dynamics NAV 
(user), STATA (user), SPSS (basic) 
PERSONAL INTERESTS 
Dance (e.g. International Dance Academy in Los Angeles in Lune 2014 and Balettakademin Stockholm), work out and take 
classes at training facilities (e.g. &yrs), current affairs, travelling (e.g. Barbados -14, Costa Rica -13 and Thailand -09), 
family and friends (e.g. play golf, go skiing, surf, restore and paint furniture). 
References available on request 
EFTA00593605

RIAmapa) 
Letter of recommendation 
To whom it may concern, 
Marielle Borgstrom was, among a very large number of candidates, selected as the sole 
participant in Atlas Copco's International Internship Program 2013. Her project task was to 
map how Atlas Copco's subsidiaries in South America exchange currencies, evaluate 
alternative processes, and, where it made sense, recommend improvements. She was based 
with our Chilean subsidiary in Santiago and I was her project manager. 
This project required a person with strong interpersonal skills as there was a need to interact 
with a large number of internal as well as external people. An analytical mind and ability to 
critically review and draw conclusions was also essential. 
Marielle proved to possess these attributes and the project was completed successfully and 
will lead to significant cost savings. Her ability to, despite her young age, very quickly 
establish cooperative relations with people she had had no previous contact with 
demonstrates a large leadership potential. The fact that she performed so well while being 
coached long-distance from Sweden evidences self-confidence, maturity and an 
entrepreneurial mindset. 
Her background of having grown up in a small town, studied in Stockholm, and accumulated 
international experiences may explain why she stands with both feet on the ground and 
interacts very well with people with different experiences and cultures. 
Marielle has an exciting potential and I look forward to her growing into larger leadership 
positions continuing to inspire people around her. I am certain that she would be an 
appreciated contributor to the network Barbro's Best and Brightest and a great asset for 
Spotify. 
I wish her the best of luck. 
Stockholm, March 24, 2014 
Ken Lagerborg 
Group  Treasurer
E-mail 
Atlas Copco Group Center 
Atlas Copco AB 
SE-105 23 Stockholm 
Sweden 
Visitors address: 
Nacka 
Telephone: 
A Public Company (publ) 
Telefax: 
Reg. No: 556014-2720 
Reg. Office Nadca 
EFTA00593606

Deloitte 
Letter of Recommendation 
Date: 04-08-2014 
Candidate: Miss Marielle Borgstrom 
Woke) AS 
Tel: 
Fax 
www.deloltiesse 
Marielle Borgstrom has an extensive background at Deloitte; she has worked within several business areas 
such as Accounting, Audit and Transfer Pricing. During her first year of studies at Stockholm School of 
Economics within the Master of Science Program (Accounting and Financial Management), she worked 
part-time at Deloitte and was part of the Transfer Pricing Team. Her main responsibilities were devising and 
performing industry research and financial analysis of companies, analysis of intercompany transactions and 
business models, preparation of Transfer Pricing documentation and performing benchmarking studies on 
databases. In addition she participated in a number of marketing initiatives. Over our period of association, I 
have come to identify the traits that define and set Marielle apart from her contemporaries. 
Diligent, resourceful and proactive, Marielle is a valuable resource to the team with her impeccable work 
ethic. She is an exceptionally intelligent resource, and strives to build her knowledge through reading, 
collaboration and extensive research. She has an analytical mindset and has been very efficient in delivering 
good qualitative results and presentations before deadlines. I have found her to be a fluent communicator, 
one who puts her ideas across crisply and lucidly. She is an active participant in business discussions, 
enthusiastic with both her replies and her questions. In addition, she is a lively and cheerful person who takes 
setbacks in the spirit of new challenges posed, rather than a hurdle to be crossed. 
Marielle works well in a team and sets a very positive dynamic within a group. Her projects involved 
working closely with stakeholders from different cultures and backgrounds. Marielle handled her discussions 
with the stakeholders with maturity and sensitivity, establishing a rapport and garnering support for new 
ideas and proposals. Also, she has many diverse talents and interests; she has been an elite dancer in Disco 
for many years, both nationally and internationally. She is very driven and sets high goals for herself, and 
strives to achieve them. I see Marielle in a leader role in the future where she has the ability to impact people 
and influence decision making. 
I look forward to staying in touch with Marielle and am excited to hear about her successes in the future, 
both professionally and personally. I wish her success in her future endeavors and I am sure that she is 
poised to achieve excellence in whatever field she chooses to work in and set an example for others to 
follow. I am sure the selection panel, which always looks for future leaders who want to make a difference, 
would find a worthy candidate in her. In case of any questions, I am available via email during working 
hours. 
With kind regards, 
Delcdle AS. side SI0Ckholm. Org nr 556271.53O9 
Delano raters to one or more of Delodle T0uChe T0IlmatSu Limited. a UK pnvate company limited by guarantee. and its 
network of member firms, each of which is a legally separate and independent entity. please see ienwSigsmag2A 
for a detailed description CO the legal structure of Dekutte Touche Tohmatsu Unified and ns member limn 
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Deloitte. 
Signature 
David Godin 
Director, Transfer Pricing 
Deloitte AB 
212 
EFTA00593608

HANDELSHOGSKOLAN 
7 I STOCKHOLM 
STOCKHOLM SCHOOL OF ECONOMICS 
Kenth Skogsvik 
Professor. KPMG &Alias professor i Kweragrekonomi 
Letter of recommendation for Marielle Borgstrom 
I have been able to get to know Marielle Borgstriim as a student in several courses at 
Stockholm School of Economics (SSE), both in our bachelor program (course 631: Financial 
Reporting and Financial Markets) and our master program (courses 3303: Financial Analysis 
and 3307: Advanced Financial Analysis). Currently, I serve as the tutor for Marielle and her 
co-author in their work on a master thesis in Accounting and Financial Management. 
Regarding Marielle's studying performance in my courses at SSE, her record is excellent. I 
have very much enjoyed having Marielle in the classroom, as she is an ambitious student with 
many to-the-point questions. She has an analytical mindset, and I am impressed by her 
curiosity and eagerness to become a skilled professional in accounting and corporate finance. 
Marielle has clearly a keen interest in the subject area and she has consistently been well 
prepared for my lectures and seminars. As a teacher, it is indeed always rewarding to have 
students that are as engaged and talented as Marielle. 
It has also been exciting to be the advisor for Marielle and her co-author in their ongoing 
master thesis work, where she has shown a remarkable ambition and strong ability to pursue 
independent research oriented work. I believe that her — and her co-author's — efforts will 
result in a thesis of high academic quality, but also an insightful report that will have an 
impact on the financial planning practice of multinational Swedish companies. I have enjoyed 
the discussions at our meetings, where Marielle has shown that she is also an excellent team 
player. 
Awarding Marielle as the Female Economist of Year 2014 would be an acknowledgement 
of all her strong qualities. She would definitively be an excellent ambassador for SSE, as she 
is a bright and creative student having shown passion for core subjects taught at the school. 
Apart from her intellectual ability and strong personal motivation, she is also a mature and 
socially very well-behaved person. I will keep my fingers crossed that the selection committee 
will see her as the promising young economist that she indeed is. 
Stockholm, April 4 2014, 
getek& 
Kenth Skogsvik 
IOLM. SWEDEN Ofikt +damn 
Telex 
CANE SCI OOI ICON. STOCKII0I M. 
EFTA00593609

1. What does the Internet and today's digital society mean for women leaders? 
Role models are powerful and life-shaping, for both men and women. Role models imprint early on 
notions of what one can achieve and aspire to; they connote value, worth and power in a society. More 
women leaders are starting to emerge in the popular press, however, too few are taking the time to 
write and share their own stories and paths to leadership. Additionally, most of the coverage of women 
leaders is limited to those who have achieved leadership roles that men traditionally equate with 
success; C-Suite, high-profile board seats and high level government appointments. What if women at 
every level of the corporate ladder as well as those who lead in unconventional and often unrecognized 
ways; at home, in their communities, as an entrepreneur, within an NGO, began capturing and sharing 
their leadership stories? Imagine the impact that could have on the next generation. 
Through Internet and social media, we have access to all information 24/7. Social media has enabled 
the trend of sharing one's life with others in the digital space, something that some have discussed 
could lead to higher pressure, especially for younger women; you are supposed to be successful, look 
great, have a social life and many connections etc. Being part of the digital world, no one is 
anonymous anymore, you become a "public" person, which both has up- and down sides. 
Women in the digital space have been more exposed to sexual harassment, threat and mean comments. 
You really need to have thick skin, or develop it, in order to handle difficult situations and know when 
to shrug your shoulders and move on, and know when to make your voice heard making a statement. 
Internet and social media have opened up a new forum which facilitates communication and 
discussion, and enables a way for people to express their opinions more easily, no matter title. It is 
easier to reach out to people and make a standpoint; I believe for women, the most important thing is 
to use the forum in a smart and timely way. Women leaders can through the digital space reach out to 
many people and choose which forum and discussions to be a part of, showing their passions, telling 
their stories and inspire not only younger women, but everyone. 
Social media has made it easier to establish, maintain and create a network. Maintaining your relations 
and extending your network are key factors to a successful career and for a sustainable leadership. 
Social media facilitates establishments of contacts and discussion with coworkers in the industry. One 
can discuss many topics, without even knowing others involved which makes it easier to get to know 
like-minded. 
2. What is your passion and what role will it play in your future role as woman leader? 
My passion is to always develop and improve, and I am not afraid to dream big, shoot for the stars and 
set high goals and standards for myself. Because if I don't set high goals in life, I will never discover 
my true capacity or develop. You always regret the things you never did, not the ones you did. Setting 
high goals and aiming for the stars come with big risk which means failure is plausible. For me it is 
important to not let fear affect my decisions or choices in life, because fear shouldn't be the reason for 
not following my dreams. I have definitely had many failures in my life, but failures doesn't necessary 
have to be a bad thing. Sure it is not fun, but I have learned tremendously from my mistakes. That is 
how you learn and develop, which is what I am passionate about, despite the fact that with my passion, 
comes failures. 
I love taking on new challenges in life; I have taken on many different roles within different 
companies and the fact that I managed to become an elite dancer both nationally and internationally 
shows that I set high goals and never give up until I make it. Even though failures develop me, I do not 
like to fail. However, the most important thing when failing is to quickly get back on your feet, look at 
EFTA00593610

your mistakes and improvement areas, face them head on and put all your energy to improve the 
weaknesses. I believe my dance career is a good example of that failure still doesn't stop me of 
reaching my dreams. It took me a long time before I reached elite level, but I never gave up and I am a 
stubborn woman. Dancing is still a passion of mine; however, my bigger passion is to constantly keep 
developing. During my almost ten year long dance career I have had a steep learning curve, and even 
though I decided to quit dancing, my development in other areas has been going in great speed, 
especially after starting my studies at SSE. I aim high and the passion for never giving up on my 
dreams will take me to the top, in one way or another. It will take time, but I have great patience and 
am motivated by challenges that will come my way. Hell, I even embrace them! Because failures will 
keep develop me, and it is not as fun or fulfilling succeeding if I don't get to fight for my dreams. 
I am proud of my accomplishments and of the strong woman I have become. Coming from a small 
town and moving to the capital city in 2009 was a big change for me. The culture is different and 
getting inside SSE's front door has opened up my mindset and since then, I have set bigger and 
tougher goals. Starting at SSE and moving to Stockholm has really empowered me, but I am proud of 
myself to never having forgotten who I was (and who I still am) and the values I was raised by and the 
culture in my small town. I am a woman that stands with both feet on the ground and for me it is 
important to treat everyone with respect and be humble. To have good self-esteem is important, but it 
is important to not become too confident, as it might lead to a slower continuous development and 
where one stops pushing the boundaries. I am very competitive and always strive for the top, but once 
I reached my goal, it is important to still keep improving, because number one doesn't last long. When 
reaching second place in a dance competition, I made sure to give my all to improve my weaknesses, 
analyze past performances and be creative in order to be able to develop, all to be able to reach first 
place in the next competition and beat my competitors. Number one is fun, but as mentioned, nothing 
lasts forever, and to stay at number one within dancing, I never got too confident and was always 
humble in terms of my accomplishments as well as towards my competitors. They had many qualities 
I admired and gave me lots of inspiration, which I have them to thank for to reach the top. No one 
reaches the top alone; there are many people on the way that are essential in order to succeed, where 
even the little things can make a big impact. 
My passion for continuous development combined with always being humble and never getting too 
confident, will ensure that I will keep pushing my own boundaries and brake barriers that will give me 
both professional and personal fulfillment. I am eager to climb the career ladder and hope to inspire 
and engage people in my surroundings showing that nothing is impossible in life, there is always 
another way. Full stop. 
EFTA00593611

NAME: BORGSTROEM, MARIELLE EMM 
THE UNIVERSITY OF TEXAS AT AUSTIN 
OFFICE OF THE REGISTRAR, MAIN BLDG. ROOM I, AUSTIN, TX 78712-1157, C
FICE CODE: 3658 
IPEDS CODE: 228778 
ATP CODE: 6882 
ACT CODE: 4240 
OFFICIAL TRANSCRIPT 
STUD
008- 
DATE: 01/30/14 
PAGE: 
1 
MBA PROGRAM OFFICE 
MCCOMBS SCHOOL OF BUSINESS 
THE UNIVERSITY OF TEXAS AT AUSTIN 
ATTENDED: STOCKHOLM SCHOOL OF ECONOMICS 
FALL 2009 
COURSEWORK UNDERTAKEN AT THE UNIVERSITY OF TEXAS AT AUSTIN 
SPRING 2012 
SEMESTER 2013 
GRADUATE BUSINESS 
INTERNATIONAL EXCHANGE 
FIN 390 
1-FINCL MARKETS 6 INSTITUTIONS 
3.0 B 
FIN 394 
1-ADVANCED CORPORATE FINANCE 
3.0 A-
MAN 383 
20-ART AND SCI OF NEGOTIATION 
3.0 B 
MAN 385 
OPPORTUNITY IDENT AND ANALYSIS 
3.0 B 
MAN 385 
POWER & POLITICS 
3.0 B 
HRS UNDERTAKEN 15 
HRS PASSED 15 
GPA HRS 15 
GR PTS 
47.01 
GPA 3. 4 
CUMULATIVE TOTALS EARNED AS A GRADUATE STUDENT AT U.T. AUSTIN 
HRS UNDERTAKEN 15 
HRS PASSED 15 
GPA HRS 15 
GR PTS 
47.01 
GPA 3.1340 
I. • • 
END 
OF 
TRANSCRIPT 
*I" 
TSI STATUS INFORMATION 
TSI AREA TSI STATUS 
ALL 
EXEMPT 
EXPLANATION 
DEGREE HOLDER 
TEC 51.907 UNDERGRADUATE COURSE DROP COUNTER: X 
Shelby Stanfield. Registrar 
This ofRcial transcript is printed on security paper and does not require a raised seal. 
THE NAME OF THE UNIVERSITY IS PRINTED IN WHITE TYPE ON THE FACE OF THIS DOCUMENT 
THE WORD COPY APPEARS WHEN PHOTOCOPIED 
A BLACK AND WHITE DOCUMENT IS NOT OFFICIAL 
EFTA00593612

THE UNIVERSITY OF TEXAS AT AUSTIN 
Office of the Registrar 
SEMESTERS. SESSIONS. AND TERMS: An academic year consists of consecutive fall and spring semesters end the following summer session. A semester normally is 
about sixteen weeks long. The summer session comprises a first term (I) and a second term (s) each six weeks in duration; work also is offered on a nine-week basis 
(n) and a whole-session or twelve-week basis (w). The same academic credit is given for a course whether it is taken in the long session or the summer session. 
ACADEMIC CREDIT: The unit of measure for academic credit is the semester hour. Most courses meet three hours a week in the long-session semester and have a 
credit value of three semester hours. The same courses meet for seven and one-hall hours a week in a six-week summer term and have a credit value of three 
semester hours. For students enrolled in graduate programs. GPA hours and hours-passed relied only those graduate-level courses (excluding thesis, dissertation. 
report, and treatise) and certain in-residence upper-division undergraduate courses taken while the student was enrolled in the Graduate School. Upper-division 
undergraduate courses taken in the loll of 1999 through the summer session of 2008 aro not included. 
COURSE NUMBERING SYSTEM: Courses aro designated by a three-digit number or a three-digit number with a capital letter affixed. The first digit in the course 
number indicates the value of the course: 001-099 indicates zero credit vakie; 101-199 indicates ono semester hour credit; 201-299 indicates two semester hours 
credit; 301-399 indicates throe semester hours credit: and so on. The last two digits indicate the rank of the course: 01-19 indicates lower-division rank: 20-79 
indicates upper-division rank and 80-99 indicates graduate rank 
All courses in the School of Law and some courses in the College of Pharmacy are considered professional rank 
Two courses with the same abbreviation and the same last two digits may not both be counted for credit by a student unless the two digits are followed by a capital 
totter. Some courses may bo repeated for credit. Those courses em indicated in the University! catalogs. 
PREFIXES AND SUFFIXES: The suffix letters A, B. and X. Y. Z indicate that a part of the course was given. A suffix of A or B divides the course into two pans X. Y, or 
2 divides the course into three parts. In each case, the semester-hour credit given for the course is reduced accordingly. 
The prefix letters I. s. n, and w indicate the terms of the summer session (see above) in which the course was offered: f indicates first term; s indicates second term; n 
Indicates nine-week session; and w indicates whole session. 
For grading systems used purer to 1979. contact the Office of the Registrar. 
GRADE 
A 
C 
B 
CR 
NC 
0 
S 
U 
A 
A-
0+ 
B 
B-
C+ 
C 
-
+ 
0-
X 
CR 
NC 
1979.1980 through 2004.2005 
(0(CELLENT 
ABOVE AVERAGE 
AVERAGE 
PASS 
FAILURE 
PERMANENT INCOMPLETE (effective fall 1997) 
TEMPORARY DELAY OF FINAL COURSE GRADE 
CREDIT 
NO CREDIT 
COURSE IS CONTINUING 
OFFICIALLY DROPPED THE COURSE 
OFFICIALLY WITHDREW FROM THE UNIVERSITY 
COURSE GRADE NOT REPORTED BY FACULTY 
SATISFACTORY (MY courses only) 
UNSATISFACTORY (DEV courses only) 
2005-2006 to the present 
EXCELLENT3
ABOVE AVERAGE3
AVERAGE3 
PASS 3
FAILURE" 
PERMANENT INCOMPLETE 
TEMPORARY DELAY OF FINAL COURSE GRADE 
CREDIT 
NO CREDIT 
COURSE IS CONTINUING 
GRADE PTS 
PER SEM HR 
4 
3 
2 
0 
nal 
nal 
nal
nal 
nal 
na1
na 
nal 
nal 
nal
4.00 
3-67 
3.33 
3.00 
2.67 
2.33 
2.00 
1.67 
1.33 
1.00 
0.67 
ago 
net
na
nal 
eel 
a 
OFFICIALLY DROPPED THE COURSE 
W 
OFFICIALLY WITHDREW FROM THE UNIVERSITY 
O 
COURSE GRADE NOT REPORTED BY FACULTY 
S 
SATISFACTORY (DEV courses only) 
U 
UNSATISFACTORY (DEV courses only) 
Through the summer session of 2009. plus and minus grades 
are reserved for graduate, graduate business, and law students 
enrolled in graduate-level, non-law courses. Beginning 
fall of 2009. plus and minus grades are valid for all students. 
A course dropped by the twelfth class day of a long-session semester 
(fourth class day of a summer session term) is not entered on the 
permanent academic record. 
Prior to fall 1981. NC grades did not appear on the transcript. 
nal 
1 
na1
net
na1 
na 
SCHOOL OF LAW 
Prior to t990.1991 
1990-1991 - Present 
The School of Law employed a 
numeric grading system with the 
following alpha equivalents. 
85 - 100 = A 
75 - 84 = B 
66- 74 =C 
60 • 64 = D 
BELOW 60 = F 
Grade Points 
Letter Grade 
Per Sern Hr. 2
A+ 
4,3 
A 
4.0 
A- 
3.7 
B+ 
3.3 
B 
3.0 
B- 
2.7 
C+ 
2.3 
C 
ZO 
D 
1.7 
F 
1.3 
1. na = not applicable to gee calculation 
2. Official grade point averages are not calculated for students In the School of 
Law. 
3. Grade interpretation is applicable to undergraduate students. 
NRTRP2 09/01i2C
TO TEST FOR AUTHENTICITY: Translucent globe Icons MOST be visible from both sides when hold toward a light source. The Noe of this 
transcript or certification Is printed on burnt orange SCRIP-SAFE' paper with the name of the Institution appearing in while typo over the face el the 
entire itecoment, 
THE VAVF.NSITY OF 1CXAS Al AUSIFN • III UNIVERSITY0C 1 LXAS At unser • nt uNryrnsily or -Mcrae! nuSt IN • Mt 0.m/tiePe EN Ramat austat• 114. UPOVIASIIY OF I VIM 
AT AuSter• Ilai unwtrisav et 1EXASAI AUSIIN•INE lINIVFIISIT(OF It MK Al N.41114 • INC UtINCRSIFYCf RAAB Al AUS1IN• TIN UPOVENSOY 0 TEXAS AT MANS TIN 
RIAIY 
OF MIAS Al AMON • rut UNIVOMITY Of TEXAS AI AUSON• ITC UNIARSIIY OF IONS 
AUTON • WE ueunirSily OF IrMS al WS/ ei• TIE UAAVENSIIY OF TEXAS AT AUSIPN • Cr 
ADDITIONAL TESTS: When photocopied. a latent souirdy statement containing the worts COPY COPY COPY appears over the face of the entire 
document. When this paper is touched by fresh liquid bleach. an authentic document will slain bloWn. A black and white or color copy of this 
document is not an original and should not he accepted as an official institutional document. This document cannot be released to a third party 
without the written consent of the student. This is in 
I 
Family Educational Rights and Privacy Act of 197.1. If you have any 
questions about this document, please contact our office al 
ALTERATION OF THIS DOCUMENT MAY BE A CRIMINAL OFFENSE! 
SCNIP43AF E 
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• 
EFTA00593613

April 10. 2014 
Transcript of Academic Records 
Name: 
Marielle Borgstrbm 
Date of Birth: 
19890717.8209 
Program of Study: 
MSc Program in Finance & Accounting. specialization in Accounting & Financial Management 
Date of Enrollment: 
2012.08.24 
Grade Point Average (GPA): 
3.75 
Course 
ECTS Credits 
Grade 
Date 
Financial Accounting 
7.5 
B 
2012.1015 
Management Control 
7.5 
B 
2012.1018 
Financial Analysis 
7.5 
C 
2013.01.09 
Corporate Valuation 
7.5 
B 
2013.01.15 
Financial Accounting from a Preparer Perspective 
7.5 
B 
2013.03.18 
CFO Challenges in Multinational Companies 
7.5 
B 
2013.03.22 
Current Issues in Accounting & Financial Mgmt 
7.5 
C 
2013.0527 
Advanced Financial Analysis 
7.5 
B 
2013.0603 
Exchange Studies 
30.0 
Exchange" 
201401.16 
Total 90.0 
ECTS Grading at SSE 
1.5 ECTS (European Credit Transfer System) credits correspond to one week of full-time studies 
Grading scale: A-E (where A is the highest and E the lowest pass grade) 
A Grade Point Average (GPA) is calculated by weighting the grades A = 5.00 points. B = 4.00. C = 3.00. D = 2.00. E = 1.00 
by the ECTS credits for each course component. 
The GPA for a student can range from 1.00 - 5.00. with 5.00 being the highest. 
Only courses with letter grades are calculated in the GPA. The GPA also includes possible extra courses in addition to the obligatory program. 
For information about Class GPAs and grade distributions, please refer to the SSE home page. www.hhs.se. 
Additional Information 
Courses completed within the Student Exchange Program are not graded by SSE 
This transcript is based on information in the SSE database of student achievements and is downloaded by the student 
1 / 1 
EFTA00593614

Transcript of Academic Records 
Name: 
Date of Birth: 
Program of Study: 
Date of Enrollment: 
Date of Degree: 
Degree name: 
Grade Point Average (GPA): 
Mande Bor siren 
BSc Program in Business and Economics 
2009.08.18 
2012-06-05 
Bachelor of Science in Business and Economics 
3.80 
April 10. 2014 
ECTS Credits 
Grade 
Date 
Business Administration 
Marketing I 
7.5 
A 
2009.10.22 
Introduction to Accounting 
7.5 
B 
201003.25 
Marketing II 
7.5 
C 
2010.06.03 
Managerial Economics and Control 
7.5 
D 
2010.06.07 
Accounting and Managerial Finance 
7.5 
A 
2011.01.14 
Management: Organization 
7.5 
A 
2011.01.18 
Management: Organizational Leadership 
7.5 
B 
2011.03.22 
Economics 
Microeconomics 
7.5 
B 
2009.10.19 
International Economics 
7.5 
B 
2010.10.21 
Macroeconomics and Economic Policy 
7.5 
B 
2011.03.29 
Finance 
Finance I 
7.5 
B 
2010-10-18 
Finance II 
7.5 
C 
2011.0609 
Economic Statistics 
Basic Economic Statistics I 
7.5 
2010-01-14 
Basic Economic Statistics II 
7.5 
2010-03-18 
Business Law 
Introduction to the Law of Business & Commerce 
7.5 
B 
2010-01-11 
Integrated Strategic Management 
Business Strategy 
7.5 
B 
2011.08-16 
Specialization in Accounting & Financial Management 
Financial Reporting and Financial Markets 
7.5 
C 
2011.1021 
Corporate Reporting and Control 
7.5 
B 
2011.12.21 
Specialization in Finance 
Fundamentals of Corporate Finance 
7.5 
B 
2011.1025 
Fundamentals of Investment Analysis 
7.5 
B 
2011.12.22 
Degree Project in Accounting & Financial Mgmt 
15.0 
C 
2012.0529 
Trading suspensions on Nasdaq OMX Nordic Stockholm. Do 
the trading suspensions on Nasdaq OMX Nordic - Stockholm 
mean a secure trading and an efficient market? 
Elective Courses 
1 / 2 
EFTA00593615

Transcript of Academic Records 
Name: 
Date of Birth: 
Program of Study: 
Date of Enrollment: 
Date of Degree: 
Degree name: 
Grade Point Average (GPA): 
Mande Borgstrom 
BSc Program in Business and Economics 
200908.18 
2012-06-05 
Bachelor of Science in Business and Economics 
3.80 
April 10. 2014 
ECTS Credits 
Grade 
Date 
Business English 
7.5 
C 
2010-05-31 
Company Law. Partnership Law. Law of Organizations 
7.5 
A 
2011.0405 
Credit and Insolvency Law 
7.5 
A 
2012.0605 
Total 187.5 
ECTS Grading at SSE 
1.5 ECTS (European Credit Transfer System) credits correspond to one week of full-time studies 
Grading scale: A-E (where A is the highest and E the lowest pass grade) 
A Grade Point Average (GPA) is calculated by weighting the grades A = 5.00 points. B = 4.00. C = 3.00. D = 2.00. E = 1.00 
by the ECTS credits for each course component. 
The GPA for a student can range from 1.00 - 5.00. with 5.00 being the highest. 
Only courses with letter grades are calculated in the GPA. The GPA also includes possible extra courses in addition to the obligatory program. 
For information about Class GPAs and grade distributions, please refer to the SSE home page. www.hhs.se. 
Additional Information 
This transcript is based on information in the SSE database of student achievements and is downloaded by the student 
2 / 2 
EFTA00593616