Wall Street
Academics
Eligibility Requirements
- Minimum GPA of 3.0
- Drew student with sophomore, junior, or senior standing
- Prerequisites. Required: ECON 102, STAT 117. Recommended: FIN 204 and ECON 320
- Good academic and disciplinary standing
Program Directors
Steve Firestone, CAIA
Associate Teaching Professor of Finance | Associate Chair Department of Business
Karen Smith
Assistant Professor of Economics
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Semester on Wall Street
This 8-credit program is offered every spring. Classes begin mid-January and end in early May. Students will travel to New York City for classes on Tuesdays and Thursdays.
An interview with the program director will be scheduled for finalists as part of the application process.
Big Experiences Lead to Bold Futures
Under the Launch career development platform, all students graduate with at least two experiential learning opportunities on their transcripts. Guaranteed.
This nycTREC program will count towards this out-of-the-classroom requirement in Drew’s rigorous curriculum.
Travel
Travel beyond Drew to New York City, the nerve center of the U.S. economy and financial markets. Alongside your faculty advisors, you will move beyond the classroom and examine economics in a real life context through visits to places like the New York Stock Exchange, J.P. Morgan, Bloomberg, the Federal Reserve Bank of New York, and many others. Through regular interaction in small settings with many of the power players on Wall Street, students develop an understanding of how to put economic and financial theories into practice.
Rethink
Rethink the fundamental mechanics and economics of Wall Street. Why is Wall Street’s influence so vast-and how did it come to be this way? What do the fluctuations in exchanges, interest rates, and financial markets mean to the average person and society? See how your classroom lessons apply directly to life outside of Drew. Discover the intricacies of the finance world, and rediscover your own unique lens of analyzing different investing strategies and macroeconomic indicators.
Explore
Explore New York’s financial world up close! Hear from the people who make the major money decisions, execute the trades, manage the funds, plan the mergers, and regulate the activity. Take a critical, inside look at the operations of Wall Street. Learn the economics behind the securities transactions, explore
the Financial District’s history, and discuss key ethical and moral issues behind Wall Street.
Connect
The Wall Street Semester connects Drew students to professionals and Drew alumni from leading financial and regulatory institutions in every class. These key experiences will help you develop your own deeper understanding of the role Wall Street and financial institutions play in the larger economy. Learn the essentials of the Federal Reserve’s vital role in the economy and in bank supervision while also learning about stocks and bonds from people who trade, structure, and work with these investment products every day. Create your own foundation for a future in the finance world.
Costs and Financial Assistance
Each nycTREC has an associated program fee, which is posted each semester in the Course Catalog. Students receive a grant to cover round-trip transportation to New York City from Madison and program-related events and activities.
All of your Drew University financial assistance, whether merit or need-based, may be applied to all Drew-sponsored semester programs.
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Program Courses
FIN / ECON 281: Wall Street & the Economy
FIN / ECON 281: Wall Street & the Economy
4 Credits
Focusing on the institutions and operations of financial markets located on Wall Street (and more generally New York City), students are offered a solid background on Wall Street and its relationship to the rest of the economy, centering on finance but also including macroeconomic, historical, and ethical dimensions. The impact of the financial sector on the U.S. economy is considered at all levels (local, state, national, and global). Students spend two days per week in New York City, attending presentations and discussions by prominent executives, government officials, institutional shareholders, economists, academics and other members of the financial community. Students also participate in a course offered by the program director where they are exposed to the major theoretical concepts of modern finance. Registration restricted for sophomores, juniors, and seniors.
Prerequisite: ECON 101 & ECON 102
Signature of instructor required for registration.
CLA-Off Campus Experience, CLA-Immersive Experience.
FIN / ECON 381: Analysis of U.S. Financial Markets
FIN / ECON 381: Analysis of U.S. Financial Markets
4 Credits
Using comparative, critical, and/or historical perspectives, students explore topical events in U.S. and global financial markets. An integral component of the Wall Street semester program, this experience allows students to intertwine classroom theory, information obtained from experts throughout the financial industry, and economic and financial data. At the end of semester, students will have an opportunity to deliver their analyses, findings and recommendations in oral and written forms to their peers, financial practitioners, and program director. Students produce their own research paper on a financial topic of their choice.
Prerequisite: STAT 207
Signature of instructor required for registration.
CLA-Writing Intensive, CLA-Writing in the Major