 I've done an undergraduate at Bonn University in economics. I came here as a visiting student. I liked it so much that I asked him whether I could stay and luckily for me that was granted. After the Masters I went straight for the PhD program from which I graduated this year. Toulouse has been at the forefront of contract theory for decades. If I may attempt a definition I would say that a researcher from Toulouse is someone who takes the details of games, contractual terms very very seriously because there's a conviction that those terms ultimately shape economic outcomes. Think about how asymmetric information transpires ultimately into prices or think about the munition of competition policy. One advice I would give is choose the program where you find people that you admire intellectually first and foremost. That is going to be the intellectual environment you will be in and those are the papers, those are the people from whom you will learn. I was very lucky in this regard and I don't think it's something you can fully control but with this mindset good things sometimes just happen. So there are two things I would like to mention. First I felt very free in my academic pursuits. Over the years I've been varyingly pursuing an unorthodox I would say applied theory project dedicated my time full time to mathematics and embarked on a months long existence proof and never did people come and say stop what you're doing here this is risky this is not what you know will play out well in the market. So I felt very free and the second thing I would say is that Toulouse is an international city but the community is very international and perhaps owing to the fact that we come from so many backgrounds people are very close to one another. I think it's a wonderful place to live in we have made many good friends. It's a beautiful city to begin with with stunning churches, great historical houses dating back to the Renaissance then there's a river bank there's fantastic weather early on in the year and then of course there's French cuisine so it's a wonderful place to study and to live in. The academic job market is an annual event held in winter with preparations beginning as early as late spring. Graduating PhDs interview for positions in both Europe and the US in my case that went really well I'll be joining the LSE as an assistant professor before I get to do a postdoc in Princeton. What undoubtedly stressful I think I'm really happy we've got the academic job market I've met so many interesting people exchange ideas discuss and ultimately show my research and I think that is what we as economists as researchers aspire to think very carefully about the problem solve it and share that knowledge.