Drew University

The Wall Street Summer Program

NEW! Second session added by demand: July 23 – Aug. 16, 2012

Are you interested in learning about how stocks and bonds work?

Would you like to know more about the historical roots and economic fallout from the current global financial meltdown?

Do you want to understand the cogs of the financial sector, including the relation between securities firms, banks and regulatory agencies?

Drew University is pleased to offer an 8-credit four week immersion in financial markets. Held in downtown Manhattan, the program brings together morning lectures that theoretical, historical and institutional in scope, with afternoon real-life experiences. Whether visiting a trading floor at Morgan Stanley, watching the frenetic trading at the New York Stock Exchange, talking with regulators at the Security and Exchanges Commission, or discussing policy actions with economists at the Federal Reserve Bank of New York, our program exposes students to the underpinnings of the American financial system.

After completing the program, participants come away with a better awareness of credit channels, and investment goals and benchmarks, and have a set of analytical tools that will help them succeed personally and professionally in their financial futures.

View the 2011 Wall St. Summer Program syllabus.

Instructor Biographies

The Wall Street summer program is team-taught by Marc Tomljanovich and Giandomencio Sarolli, both members of Drew’s economics faculty.

Dr. Tomljanovich received his Ph.D. at Cornell University in 1998. His research focuses on applied macroeconomic issues, including the impact of monetary policy structures on financial markets, the influence policymakers have on regional and national economic growth, and the effects of options listings on underlying financial instruments. His work has appeared in numerous peer-reviewed journals, including American Economic Review, Southern Economic Journal, and Contemporary Economic Policy. In 2006 Dr. Tomljanovich was the recipient of a National Sciences Foundation grant that helped fund an annual national workshop for macroeconomics research at liberal arts colleges.

Dr. Sarolli received his Ph.D. from the University of Virginia in 2010. He also holds a M.S. in Quantitative Finance from Universita’ Bocconi in Milan, Italy, which was granted in 2003. His research focuses on computational macroeconomics and finance, studying the relationship of asset prices and economic dynamics. In particular he is interested in the relationship between business cycles and stock trading. He is also working on laboratory experiments that look at investing behavior.   Dr. Sarolli previously worked at J.P. Morgan in New York, in their Futures and Options group before moving to Italy in 2000 to continue his studies.

Program Information for Summer 2012

The program is designed for undergraduate students (including visiting students from other colleges and universities), as well as rising high school seniors.

Session 1: Monday, June 25 – Thursday, July 19, 2012 (limited seats available)

Session 2: Monday, July 23 – Thursday, Aug. 16, 2012

The program runs every Monday through Thursday from 9 a.m. to 5 p.m. during both sessions.  Morning lectures are held at ITAC, located at 39 Broadway, Suite 1110 in downtown Manhattan. The classroom is about a two block walk from the New York Subway.  Afternoon trips are mostly held in Financial District buildings, which are in walking distance from the classroom. Occasional trips will be made to midtown Manhattan, which will require the subway.

Although on-campus housing is available for participants for an additional fee, residency is not required.

Application/Registration Information

All students must submit an application for admission to this program. Please note that space is limited and admissions decisions will be made on a rolling basis starting in January 2012.

 

International students must submit official TOEFL scores and a fully translated copy of their undergraduate transcript to the Summer Term office in addition to the form above.  Please note that international students admitted to this program are required to have an F-1 student visa in order to participate in the program.  For more information, please contact owl@drew.edu.

Registration for accepted students will begin in March 2012.

Tuition & Withdrawal/Refund Policy

Tuition is $599 per credit for summer 2012; the total tuition for 8 credits is $4792. Additional fees not covered by tuition include travel to, from and around Manhattan, as well as meals. This program is subject to the withdrawal/refund policies covering summer session classes.  For more details, please refer to the summer catalog:  Summer Term Registration and Refund Policies

Contact us

For more information or for general questions, please email sumwallstreet@drew.edu or call the Summer Term Office at 973/408-3310.