The Wall Street Summer Program.

 

The Wall Street Program

The financial markets have far-reaching influence, but how do the day-to-day operations of Wall Street impact our economy?  Answer those questions by spending your summer behind-the-scenes at securities firms, the New York Stock Exchange, and the Securities and Exchange Commission.

Learn about the relationships between the financial system and local, national, and global economies.  Study the institutions and operations of financial markets, and their roles in channeling credit and financing new investments.  Discuss the financial history and ethical dimensions of Wall Street and its relation to macroeconomic policy.

Drew’s distinguished faculty will introduce you to guest speakers from the finance industry and government regulatory agencies, as well as institutional investors, shareholder activists, academics and nonprofit executives.

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Course Information

This 8-credit, immersion in financial markets program, brings together morning lectures that are theoretical, historical and institutional in scope, with real-world experiences in the afternoons.  Whether visiting the frenetic trading floor of the New York Stock Exchange or talking with regulators at the Security and Exchanges Commission or discussing policy actions with economists at the Federal Reserve Bank of New York, this program exposes students to the underpinnings of the American financial system.

This program is designed for undergraduate students (including visiting students from other colleges and universities), rising college freshmen and rising high school juniors and seniors.

  • Program Dates:
    • Session I: Monday, May 18 – Tuesday, June 9, 2020
    • Session II: Monday, June 15 – Tuesday, July 7, 2020
  • Class Schedule: Monday – Friday, 9:00 am – 5:00 pm

Morning lectures are held at LMHQ (150 Broadway,20th Floor, New York, NY 10038).  Afternoon trips are generally at locations in the financial district within walking distance or a short subway ride from the classroom.

View the syllabus for this course

Cost

Tuition for this 8-credit program is $6,136.

This class is subject to the withdrawal and refund policies covering intensive semesters (classes meet for less than 4 weeks).  Students who withdraw after registering, but before the first meeting of the course receive a full refund.  Students who withdraw before the second full day of the course receive a 50 percent tuition refund.  Students who withdraw after the second full day of the course receive no refund.  Application fees are not refundable.

Registration

Before you can register for this program, you must submit an online application for admission.  Once admitted, you will be instructed to register for BST 101 Principles of Financial Markets: The Wall Street Program (introductory level course) or ECON 281 Wall Street and the Economy (intermediate level course).  In order to take the course at the intermediate level, students need to have completed two pre-requisite requirements: ECON 101 Economic Principles: Microeconomics and ECON 102 Economic Principles: Macroeconomics.  Students who have not completed both courses must have instructor permission in order to register.  Students who attend the course at the intermediate level (ECON 281) will be required to complete a paper which will be due two weeks after the program ends.

BST 101 Principles of Financial Markets and ECON 281 Wall Street and the Economy will be offered in both sessions of the Wall Street Summer Program.

Questions

If you have questions, please contact us at 973-408-3400 or summer@drew.edu.

Program Director

Marc Tomljanovich
Professor of Economics & Business

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. The American Council on Education named him as a fellow for the 2016-17 academic year.

Instructors

Oleg Ivanets
Visiting Assistant Professor

Oleg Ivanets is a Visiting Assistant Professor at Drew University.  He earned his M.A. in Economic Cybernetics (applied methods in Economics) from the Taras Shevchenko National University of Kyiv, Ukraine and earned Ph.D in Economics in the University of Hawaii at Manoa in 2018.  He previously worked as an investment analyst and project manager for a couple of private equity funds and as a macroeconomist in the Art Capital Investment Bank. In 2013-2018 Oleg studied for his Ph.D in Economics in the University of Hawaii at Manoa.  At Drew, he teaches Macroeconomics, Money and Banking and the Wall Street Semester.

Raphaele Chappe
Assistant Professor of Economics

Raphaele Chappe has worked as a tax attorney on Wall Street where she was a vice president at Goldman Sachs and helped co-found Springtime Capital Solutions, Inc., and the SMBX, two fintech startups.  She has taught finance, economics and political economy at a variety of institutions in the tri-state area, including NYU, CUNY, The New School, and the Brooklyn Institute for Social Research.  She is currently completing a fellowship at the Open Society Foundations and will begin a faculty position in macroeconomics at Drew University in August 2020.  Her research interests include the link between financial markets, risk allocation and wealth and income inequality; political economy and the history of economic thought; monetary policy and history and theory of money and banking.  She received her doctorate in economics from The New School for Social Research and a Master of Laws in international taxation from New York University.