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Davis Project for Peace, Celebrity Nyikadzino: Sewing and self reliance in Chivhu, Zimbabwe,
A Stitch in Time
This summer I am at home in Chivhu, Zimbabwe, implementing a sewing project, which we named A step toward hope— Education and self reliance. With the help of a local teacher, my family, and various community members, we are teaching 16 primary-age children how to sew. In addition to that we are also teaching them business skills as well as fostering a good environment for friendship making. Poverty is a major threat to peace in my village, and the main aim of this project is to alleviate the effects of poverty and to make sure the children stay in school. We hope that at the end of the day, the children can competently take care of themselves as well as help others in need.
Prior to the start of the project in mid-June, there was great interest in taking part in the project. To my chagrin, the headmistress of Chivhu Primary had already identified and recommended more than 70 students who could benefit from it. These children come from low-income families and more than half of them were orphaned. This situation was really hard since at most we could only accommodate 15 children. We eventually decided to choose the children based on academic skill, and also weighing who had the most probability of dropping out of school. We ended up with 16 of the least academically gifted children in the reasoning that they will be able to sustain themselves in the event that they fail in school. Four of these were currently not in school at all.
Continue reading Davis Project for Peace, Celebrity Nyikadzino: Sewing and self reliance in Chivhu, Zimbabwe,
Financial Services Fellowship, 2015: Rik Ghosh
"The Financial Services Fellowship is a prestigious award that gives students who are interested in financial services a hands-on experience through an intensive trip to New York City during spring break. Students will meet with people representing a wide range of roles in this industry, including journalists, sales and trading analysts, investment professionals, hedge fund managers, financial analysts and more. All expenses are paid through the generosity of a Reed trustee"
Since coming to Reed, I’ve mostly just spent my fall and spring breaks going home and relaxing after an often-stressful half semester. Though such a week of downtime is always appreciated, this past spring break was completely different. Every day of the Financial Services Fellowship (FSF) was jam-packed with activities: days that usually started with firm visits before nine am often ended with social and networking events that ran well past nine pm. The trip packed many experiences into a short period of time, and it was undoubtedly a very productive way to spend the week.
Even before the actual spring break trip, there were a few events on campus that the fellows were asked to attend: the first of these was a three-part Paideia course on capital markets and general financial terminology. This is particularly important because it implies that prior knowledge of the financial industry is not necessary to apply — in fact the trip as a whole is in some form simply an introduction to the professional working world. Though I had absolutely no experience with Finance prior to the trip (and only minimal experience with economics), as a result of the Paideia course I did not have any trouble following the presentations of the various firms in New York.
Continue reading Financial Services Fellowship, 2015: Rik Ghosh
Financial Services Fellowship, 2015: Meagan Keating
"The Financial Services Fellowship is a prestigious award that gives students who are interested in financial services a hands-on experience through an intensive trip to New York City during spring break. Students will meet with people representing a wide range of roles in this industry, including journalists, sales and trading analysts, investment professionals, hedge fund managers, financial analysts and more. All expenses are paid through the generosity of a Reed trustee"
As a sophomore wavering between Political Science and Economics, I applied for the Financial Services Fellowship because I was fascinated with the relationship between capitalism, markets, and economic policy. In this sense, I embarked on the trip hungry for information and knowledge about the financial world that would help me understand it as a system of parts comprising a whole. However, after four days of visiting all sorts of different financial firms and with a few weeks of retrospection, I think I now understand it better as a series of dynamic parts that are constantly shifting and evolving as the world advances. While it certainly didn’t answer all of my questions about capitalism and wealth distribution, I now have a better sense of how individuals on trading floors actually interact with complex financial instruments that are used to mitigate risk and manipulate markets in some seriously fascinating ways.
Beyond my academic reflections with the fellowship, the trip was perhaps most useful in the professional career experience it provided. Every night in New York City involved meeting with professionals in finance (especially Reed alumni in finance!) in formal settings at various highend restaurants. At times interacting with strangers was easier and more interesting than others, and I was able to talk to several Reed alumni who had transitioned from finance to law in their careers and who were excited to talk to me about both professions. While “networking” never really became enjoyable per say, I certainly came away from the trip feeling more prepared to handle future career situations.
Overall, the trip was a fantastic learning experience, perhaps most so in learning how to navigate the foreign world of professional careers and life in NYC. Among the most surprising things I learned were: 1) Despite usually preferring quieter and smaller towns and cities, I actually really enjoyed the pace and feel of NYC 2) I connected with several great students on the trip who I had never had a chance to get to know at Reed 3) Business suits are surprisingly comfortable and it took a very short time for me to feel normal wearing one every day.
I would highly recommend applying for this trip even if you are not set on a career finance, as professional career experience off campus is an invaluable asset to exploring careers after Reed.
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Financial Services Fellowship, 2015: Sophie Bucci
"The Financial Services Fellowship is a prestigious award that gives students who are interested in financial services a hands-on experience through an intensive trip to New York City during spring break. Students will meet with people representing a wide range of roles in this industry, including journalists, sales and trading analysts, investment professionals, hedge fund managers, financial analysts and more. All expenses are paid through the generosity of a Reed trustee"
As the name of the Financial Services Fellowship would imply, fellows’ spring break in New York was centered around career opportunities in finance: We visited salespeople, investment bankers, consultants, research analysts, quantitative financers, portfolio managers, relationship managers, risk managers, newspeople, technologists, and operations professionals in their native environments at major investment banks, hedge funds, economic and investment consulting firms, a financial press, and a private equity fund. Before and during the trip, fellows were also given the opportunity to learn about net present value calculations, bonds, derivatives, regulation, income statements, and asset-backed securities.
More than this, however, the trip offered a broader introduction into the world of work and life beyond Reed. As the rare Reedie who actively looks forward to working in an office this summer and after graduation, it was refreshing to me to wake up early each morning, put on a suit, and experience an 8 am to 10 pm day full of business meetings and smart people getting things done in one of the greatest cities in the world. More than any specific pieces of knowledge, like the difference between debt and a loan and or the factors contributing to the lack of a robust secondary market for private equity buyins, I’ll remember my positive impressions of general professional life and its wealth of possibilities. Within the finance industry alone, there are far more roles than I had originally anticipated, and enough products, methods, and jargon to satisfy a Reedie’s intellectual curiosity for quite some time.
Continue reading Financial Services Fellowship, 2015: Sophie Bucci
Reed Winter Externship Reflections 14: Number Eighteen, Our House of Portland, Florence Randari
My name is Florence Randari, an international freshman student from Kenya. I am a prospective Math Economics major planning to join Business School after Reed and start a career in the financial services field. Through the help of my career adviser, Brooke Hunter, I managed to get a winter externship with a non-profit organization called Our House of Portland, to learn more about running and managing of non-profits.
Our House of Portland is a non-profit organization that provides healthcare, housing and other vital services to low income people living with HIV/AIDS. My host was Allen Brady who is the Director of Business services in the organization. Allen took me through a detailed information session on how he manages the finances of the organization, writes a budget and prepares an Annual Financial Statement for the organization among other duties. Being a non-profit, I was interested in knowing how they get the large amounts of money to offer free services to the 14 clients in the Neighbourhood Housing and care program as well as provide food banks, clothing and household items to over 700 people living with HIV/AIDS.
