ECON Undergraduates Blog

ECON Undergraduates Blog


Apply today for BSOS Winter/Spring 2021 Undergraduate Experience Funds!

Posted: 03 Nov 2020 09:27 AM PST

 

If you are a BSOS student with financial need that is preventing you from taking advantage of an unpaid opportunity, I encourage you to apply for BSOS Undergraduate Experience Funds.

Applications for Winter/Spring 2021 experiences are due no later than December 7. 

Click here to apply. 

Before submitting your application, make sure to review the eligibility criteria.

Questions regarding the scholarships or the application process can be e-mailed to bsos-scholarships@umd.edu.

These funds assist undergraduate BSOS majors engaged in experiential learning outside the classroom, such as unpaid internships, research, service learning, and professional or academic virtual conferences. The funds are intended to help offset expenses related to such activities including, but not limited to;

  • pandemic conscious travel/transportation expenses
  • pandemic related relocation expenses 
  • professional attire
  • opportunity costs, (i.e. the need to give up a part-time paid job in order to take an unpaid internship.)
  • software/technology, material needs, not provided by employer/University, but essential to the experience. 
  • virtual conference fees

For additional examples on the kinds of expenses that may be considered for funding, please click here.

FDA Internship Opportunity

Posted: 03 Nov 2020 08:47 AM PST

Economics Internship at the Food and Drug Administration

The Food and Drug Administration (FDA) invites undergraduate juniors or seniors, or master's students majoring in Economics, Information Systems, Public Health, or other Statistics-related fields to apply for an internship with the Economics Staff in the Office of the Commissioner. Selected interns will assist members of the Economics Staff in setting up processes to improve workflow and conducting economic analyses of major FDA policies and regulations related to food, human drugs, medical devices, biological products, tobacco products, and animal drugs and feed.

Internships will be for one academic semester and require a minimum commitment of 16 hours per week. Intern positions are unpaid; however, students may be able to earn college credit. U.S. citizenship is required.

Candidates must have at least Junior Standing and have completed classes in econometrics and intermediate microeconomics, or similar classes on computational methods for data analysis. Candidates should be detail-focused, have strong communication and writing skills, and be able to work independently. We encourage candidates to apply who have experience with Microsoft 365 including Access, Excel, Word, and SharePoint Online, and analytical software such as STATA and R, and applications such as Python.

To be considered for this internship, please send a statement of interest and resume that includes a list of relevant courses to ECONInternship@fda.hhs.gov with the subject "Spring 2021 FDA Econ Internship." Applications for spring internships should be submitted by November 27, 2020.

Defense Intelligence Agency, Analysis Career Field Info Session

Posted: 02 Nov 2020 01:03 PM PST

Thursday, November 5, 2020 • 12:30 pm - 1:30 pm |  Virtual Event

Monday, November 16, 2020 • 5:00 pm - 6:00 pm |  Virtual Event  

Meet with officers from the Analysis Career Field for a discussion on career opportunities with DIA - where you make an impact on national security!

Officers in the Analysis career field serve at the heart of DIA's global mission. Analysis officers provide cutting-edge analysis from locations around the world on foreign military capabilities and defense issues in support of our nation's warfighters, policymakers, and defense planners. Through written products, in-person briefings, or multimedia presentations, their work informs tactical decisions of policy, defense strategy, weapons development and acquisition, and military planning. Analysis officers come from diverse backgrounds and can look forward to careers of rewarding training, advanced education opportunities, and challenging assignments with DIA and the intelligence community.

For additional information about this event: Contact Michael Maiden, University Career Center & The President's Promise at mmaiden@umd.edu

Are you a Sophomore, Female, and Thinking about a Career in Business? A Scholarship Opportunity

Posted: 02 Nov 2020 01:00 PM PST

 

Stout is proud to announce the opportunity to award scholarships to three qualified female students pursuing a career in business.  The purpose of the scholarship is to provide financial assistance to women who embody Stout's core values and ambitions to help them succeed in their pursuit of a business-related career.

Scholarship Awards:

1st Place:   $3,000
2nd Place:  $2,000
3rd Place:   $1,000

Eligibility Requirements:
  • Female
  • Sophomore standing as of Fall 2020 (Class of 2023)
  • Enrolled as a full-time student at a four-year university
  • Must be pursuing a degree in Finance, Economics, or Accounting, or Business-related field
  • Minimum cumulative college GPA of 3.2
  • Not previously employed by Stout

Required Documents:

  • Current resume
  • Current college transcript (official or unofficial)
  • Letter of recommendation (college professor, advisor, coach, current/previous employer, etc.)
  • Written response to the following (500 words maximum): At Stout, our professionals embody the core values of Positive Team Attitude, Accountability, Commitment, Entrepreneurial, and Relationship Focused. When you look back on your achievements, which of these core values played a part in your success and in what way?
All documents should be uploaded in the "Resume/CV" section on the "My Experiences" page of this application (click Upload to add more documents). Applications without all required documents will not be considered.

Selection Process:

The recipients of Stout's 2020-2021 Women in Business Scholarship will be chosen based on her ability to demonstrate Stout's core values through her academic and extracurricular achievements.  The winner will be notified by phone in March of 2021.

Please submit all of the above-mentioned items before January 31, 2021, by uploading them through the online application.  If you have any questions regarding the application process, please send them to womeninbusiness@stout.com. 


ECON Does What?! A 2020 Graduate Shares Her Experience as a Financial Analyst

Posted: 02 Nov 2020 12:20 PM PST


ECON Alumni Career Profile

Financial Analyst


Nora O'Reilly (Economics Major/History Minor, '20) shared her experience in her current job and how she found work during the pandemic.

What do you enjoy the most about your position?


I really enjoy working on behalf of consumers in relation to the issues that I see in the headlines everyday. It is very sobering and motivating to have even an ounce of influence on the policies that shape the lives of other people.

I also love how much I get to learn. I was really passionate about history during college, and there are many avenues to learn about that in my position. I also love working in a relatively new federal agency, where I feel like I have agency.

Could you explain more about your current responsibilities?

I work in the Mortgage Markets office of the Bureau, so a typical day starts with me reading up on the news in the housing environment. Throughout the day, I typically have a meeting or two about a mortgage issue the Bureau is addressing or a project I'm working on. Any other time I have throughout the idea is dedicated to a research report I am working on, where I am currently trying to figure out a data-discrepancy issue. I give presentations, do literature reviews, work in Tableau and R, and take on whatever other spontaneous tasks cross the Mortgage Markets desk.

How did you find your current position?

The Fall Career Fair at UMD.

Would you say the courses that you took as an undergraduate prepared you for this position?

Quantitative coursework like Econometrics (mainly getting comfortable with R and Stata, not necessarily learning regression theory) has been key to my position. It's important to know how to handle data and have the skills to analyze it. Google is my best friend when it comes to this, what's most important is being able to visualize the big picture and then you can google from there.

I think my history courses, particularly Black Women in US History taught by Dr. Elsa Barkley Brown and the Civil War and the Rise Industrialization taught by Dr. Robert Chiles have really informed my work. Obviously my work is focused on the current mortgage market, but I think understanding some history on how financial systems were built and how African-Americans were systematically excluded from financial systems is vital to working in those spaces today.

Dr. Katharine Abraham teaches an excellent course on economics in policymaking that gave me a great dive into the real world of economic policy, and from one of the most experienced professors in the department.

Aside from your coursework, what else were you involved in and how did it help you develop professionally?

Internships at NARAL-Reproductive Justice and doing research on Universal Basic Income on campus were excellent experiences for me to build my policy and research skills. Being part of the Design, Cultures and Creativity program gave me a home at UMD and gave me a lot of freedom to explore things outside of Economics, which I found really important! I've had many wonderful professors, and a few that I count as mentors.

When searching for jobs, what should students consider?

Go after what you want! I heard about this from someone at the career fair and the reason I pursued it is because we had a wonderful conversation and I thought the recruiter was someone I wanted to work with. Seek out the professors you think sound cool or are very nice, and they will advocate for you if you need them too. Also- don't be afraid to apply for positions you don't think you are qualified for. For me, coding can be very intimidating and I often convince myself I can't do it- but it turns out, I usually can, and you can probably do the thing you think you're bad at, too!

What piece of advice do you have for students pertaining to being successful during the pandemic?

Take care of yourself! This is so tough, you don't deserve to be in this position, and you're doing your best in a time when everything is extra hard. Also, please feel free to reach out to me to talk about my experiences, ask for advice, or honestly whatever. I am happy to share what I know and help out if I can.


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