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, three week immersion in financial markets. Held in downtown Manhattan, the program brings together morning lectures that are 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, this 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.

Wall Street Summer Syllabus 2013

Instructor Biographies

The Wall Street summer program is team-taught by Marc Tomljanovich and Giandomencio Sarolli, both members of Drew’s economics faculty.  Additional Drew instructors will also assist in running the program.

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 2014

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

Session One: June 30 – July 18, 2014

Session Two: July 21 – August 8, 2014

Classes Meet: Monday through Friday; 9:00 a.m. to 5:00 p.m

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.

Applications accepted from: Undergraduate students, including visiting students from other colleges and universities.  This program is also open to high school seniors and students entering their first-year of college.

Housing

Housing is not associated with this non-residential program.  Should college students require on-campus housing, it is available for an additional fee.  Housing is not available to high-school students.

Student interested in housing at Drew University should contact Robert Meade in the Housing, Conferences, and Hospitality Office at (973) 408-3691 or rmeade@drew.edu.

Application 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 2014.

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 Information

Registration for accepted students will begin in April 7, 2014.  Admitted students register for
BST 101 Principles of Financial Markets: The Wall Street Program (introductory level course) or
ECON 281 Wall Street and the Economy (intermediate course), for a total of 8 credits.

Students registering for ECON 281 must have fulfilled the following prerequisite courses:
ECON 101 and ECON 102.

Tuition & Withdrawal/Refund Policy

Tuition is $641 per credit for summer 2014; the total tuition for 8 credits is $5,128. No discounts or scholarships apply.  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 further 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.