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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. 

Financial Services Fellowship, 2015: Sarah Canavan

"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."

Read on for an account of Sarah Canavan's FSF 2015 experience. 

When I applied for the Financial Services Fellowship I only had faint ideas of what happened in the finance industry. I think we had just started covering monetary policy in Kim Clausing’s Intro to Economics class, and my visions of Wall Street had mostly been colored by The Wolf of Wall Street, “occupy” protests and the Sherman Anti-Trust Act of 1890. What I knew, was that if Reed was offering an opportunity to fill in the gaps between where my interests already lie (federal policy and budgets, research funding, et al.) and what the heck happens in big banks and financial institutions, I wanted to be a part of it.