Classes

Career Advice is Shared with Stamford Economics Students

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Mara Gauger (’13) at the Stamford campus on April 9, 2024

Students in Professor Smirnova’s Financial Economics and Money and Banking classes were visited by UConn Alumna, Mara Gauger (’13) on Tuesday, April 9, 2024.

Mara Gauger graduated from UConn with BA degree in Economics in 2013. After graduation, she worked at Citi, and achieved the level of Assistant Vice President. Since 2016 she works at Deloitte.

Mara Gauger is currently a Senior Manager Deloitte’s Capital Markets practice with extensive experience supporting securities firms and broker-dealers. Mara focuses on assisting firms on topics related to securities operations, trading systems, and risk management programs. At Deloitte, Mara has been a lead in the SEC Rule 613 Consolidated Audit Trail project office as well as assisting firms in their design and implementation of the rule requirements. Mara is also a core member of the Deloitte team supporting SIFMA, ICI, and DTCC’s efforts to analyze the impacts of an accelerated settlement cycle (T+1) since inception.

The goal of Mara’s visit was to familiarize students with careers in the financial sector, and mentor them on how to get their first job upon graduation from UConn with the Economics degree. Mara generously shared her wisdom about how to navigate the process of job and internship search: what to showcase on the resume to stand out; how to network through LinkedIn and HuskyLink; how to prepare for and conduct interviews; how to utilize the Career Center and Career Fairs; and what skills and career competencies are in demand in the marketplace.

Students were able to ask questions pertaining to their career aspirations and their experiences with internships and job search. Students who are seniors were the most vocal and were able to ask the most pointed and specific questions. Students who are juniors and sophomores received a motivational advice to start their networking as early as possible. Mara suggested utilizing HuskyLink as the first step of connecting with the UConn alumni.

Mara Gauger and Natalia Smirnova
Mara Gauger (’13) (right) and Dr. Smirnova at the Stamford campus on April 9, 2024

Mara shared that her visit to UConn is the way to give back to her Alma Mater after working in the financial industry for 10 years. She was very supportive of students’ inquiries and honest about identifying the competitiveness of the industry and challenges of getting the first job out of college. Students took her advice and candid conversation in stride. They were encouraged by Mara to continue their studies, gain career competencies, and confidently showcase their strengths and skills to the employers.

Thank you, Mara Gauger (’13) for visiting us at UConn Stamford. We really appreciate it!

Fostering Teaching Excellence: Key Takeaways from the 2024 Spring GA Training Seminar

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The Department of Economics recently held the 2024 Spring GA Training Seminar in Herbst (formerly Oak) Room 337 on March 29, 2024. This seminar provided a crucial platform for student instructors to develop teaching skills and foster discussions on effective teaching methods. Professor Richard Langlois, Professor Olivier Morand, and Professor Tianxu Chen, shared invaluable insights with first-time student instructors in the meeting.

The seminar started with Professor Morand’s presentation, focusing on the pedagogy of teaching quantitative content. Through interactive discussions, he emphasized the importance of learning styles and clarity in teaching.

Professor Langlois primarily discussed tips for teaching writing-intensive courses (W class), drawing upon his extensive experience in the field. He shared strategies for effectively engaging students in such courses.

Lastly, Professor Chen addressed the challenges encountered by student instructors in their teaching roles. She offered insights into fostering attendance, promoting student interaction, and managing email communications adeptly.

The seminar concluded with an open discussion, providing participants with the opportunity to exchange experiences, address challenges, and seek guidance from peers and faculty mentors. Through collaborative exchanges, attendees garnered inspiration, valuable insights, and peer support to refine and elevate their teaching practices. This seminar was coordinated by Professor Chen, and it is part of ECON 6492: Teaching Economics—a recently developed course tailored for first-time student instructors.

Professional Writer Visits the Writing-Emphasis Economics Class

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Anne McAuley Lopez, CLAS ’96, professional writer and business owner of Agency Content Writer, LLC, visiting Stamford Campus on Thursday, April 13, 2023

It is a rare occasion when a Writing-Intensive Economics class is visited by a professional writer. This is what the English classes usually can offer. It is even rarer when a professional writer is actually an Economics major.

Mrs. Anne McAuley Lopez, CLAS ’96, graduated from UConn-Stamford with an Economics degree and went on to a career in the banking and data-related fields, but her heart was in the research and writing aspect of the business. With one twist in her career, she decided to do what her heart desires – set up a writing consulting firm and help businesses to create content which is appealing to their clients. The mix of economics knowledge and the knack for presenting information in a concise and engaging way jolt her firm Agency Content Writer to success.

Now, Mrs. Lopez is giving back to UConn by participating in various career and alumni events. She is collaborating with Professor Smirnova on the writing-intensive course ECON 3431 W Public Economics. During the pandemic, Mrs. Lopez recorded several motivational videos that Dr. Smirnova embedded in the course on HuskyCT. This semester, though, Mrs. Lopez was able to come to ECON 3431W in person on April 13, 2023.

The students were able to ask questions about the place of writing skills in their future career. Mrs. Lopez explained that in any career path, communication competency (written and verbal communication skills) play a very important role. She also gave motivational advice to students regarding their current peer-review class assignment. She described the role of an editor and a publisher who use the same constructive criticism approach when evaluating papers, essays, and books for publication.

Students were excited for the opportunity to connect with the UConn-Stamford alumna who is generously giving her time and expertise to help them with their writing … and with their Economics career readiness.

We thank Mrs. Anne McAuley Lopez for her continuous interest in and the support of our students.

National Security Council Director Visits Public Economics Class in Stamford

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Katherine Bradbury, Director for International Economics and Competitiveness program of the National Security Council, The White House

Stamford students in ECON 3431W Public Economics class were treated for a special visit from the UConn alumna, Ms. Katherine Bradbury, who is Director for International Economics and Competitiveness program of the National Security Council at the White House.

As the curriculum of the Public Economics course, taught by Professor Smirnova, includes such topics as Fiscal Federalism, and State and Local Government Finance, a visit from the White House staff seems like an excellent fit. Working with the Center for Career Development in Stamford and UConn Alumni Office, we were able to secure Katherine Bradbury’s virtual visit to this class on April 6, 2023.

Our discussion went much deeper than the curriculum topics, however. Students shifted it into the realm of career readiness and skills that are essential for a public sector job.

Ms. Bradbury talked about the importance of being a competent person, no matter what major you are pursuing in college. She shared her strive to be a well-rounded professional, the foundation of which was set by the liberal arts education she has gotten at UConn. At the White House, she said, the main trait is the ability to maintain composure under stress and the ability to critically think about a situation at hand.

Students understood that internships and extra-curricular activities will help them show a unique set of skills and experiences that they can leverage at a job interview. They were fascinated with Katherine’s story about taking the photograph with Mr. Joe Biden and the high-level description of what she does at the White House.

Such visits by alumni are very important for students’ career and self-development as well as growth in professionalism. The interactions with alumni open their eyes on various career paths that could be pursued with their major.

We thank Ms. Katherine Bradbury for the time she carved out for us and for her inspirational conversation with students.

Economics Alumna Visits Money and Banking Class

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Professor Smirnova and Viviana Castillo at Money and Banking Class
Viviana Castillo, CLAS ’20, (right) with Dr. Smirnova after the class visit in Stamford, 2/14/2023

Stamford students in ECON 2411 “Money and Banking” class taught by Dr. Smirnova were treated to a special guest visit on February 14, 2023. UConn Stamford Economics alumna, Viviana Castillo, CLAS ’20, who is Principal Finance Analyst at GlobalFoundries shared her wisdom about building knowledge base and career-relevant skills while in college, about finding a job upon graduation, about graduate school, and about current job market in the intersection of economics, finance, and tech.

While at UConn Stamford, Viviana worked in the banking industry, but she managed her time well, which allowed her to participate in the College Fed Challenge competition in 2019 as Stamford team member. She graduated in the midst of the pandemic in the Spring 2020, but did not slow down and entered graduate school at Columbia University. She continued working in the banking industry, gaining experience. After graduating with a Masters in Risk Management degree, she moved to a more interesting job in FinTech.

Viviana Castillo shared with students her approach to gaining new skills in order to prepare for demands of ever-evolving job market. She encouraged students to become career ready. In addition to content knowledge in their academic fields, students need to develop career competencies that are in high demand in the workplace, such as critical thinking, communication, and professionalism.

Students asked a lot of questions, shared their anxieties, and were grateful for Viviana’s effort to meet with them. Business leaders’ and young alumni’s visits to ongoing classes are an exciting way to connect our students to the world outside the academy and prepare them for careers upon graduation.

Stamford Economics Alum Visits Economics Classes

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Kyle Richter (CLAS’21) (left) and Dr. Smirnova in Financial Economics class on December 6, 2022

Kyle Richter graduated from UConn-Stamford in December 2021 and is currently an Investment Banking Associate at Capital Research Partners & Co., a boutique investment bank in Norwalk, CT that specializes in restructuring, capital raising, and mergers & acquisitions. The Center for Career Development at Stamford and Dr. Smirnova worked together to arrange Kyle’s visit to ECON 3413 — Financial Economics class on December 6, 2022.

The class started with students’ presentations of financial analysis reports that they completed during the semester. The assignment was to select a publicly traded company, obtain a series of financial reports, analyze financials statements and ratios, and apply one of the methods of stock valuation that were covered in the course. Students wrote a short report justifying their “buy/sell” recommendation and were defending their findings via oral presentation. Kyle was able to assess students’ work and ask clarifying questions.

Kyle took Financial Economics in the Spring of 2021 and was happy to share with students how he uses what he learned in this class every day at work. He talked about uses of financial statements, benchmarking, and trend analyses for valuation of companies and M&A deals. He explained the differences in structure and culture between small firms and large corporations.

Students engaged in a productive discussion with Kyle. They asked questions pertaining to job search after graduation and about careers in finance. Kyle shared his story of job search and his ambitions for the future. He suggested using this class’s report as a showcase of financial industry skills during the interview process at any financial firm. Understanding of nasic financial concepts, concise writing, and presentation skills are essential for getting a job in finance.

After the Financial Economics class, Kyle Richter met with students in ECON 3492 – Practicum class. This is a special course where Stamford team participates in national competitions. Here, the discussion with students focused on careers, career competencies, and networking. Kyle offered his help in giving feedback on students’ resumes and in mentoring students as they navigate job search and connections with professional networks.

Overall, the visit was very productive and interesting. We thank Kyle Richter for coming to our campus, mentoring our students, and engaging with the University.

Stamford Students Learn about Financial Planning and Analysis from Charter Communications Director

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Ashley Etheridge, Director of Business Planning at Charter Communications, talks to students in “ECON 3413 Financial Economics” class at Stamford on October 20, 2022.

ECON 3413 Financial Economics course at Stamford, taught by Dr. Smirnova, challenges students to apply financial concepts to business problems. In addition to following the textbook exposition of the material, students select a publicly traded company and analyze its financial performance. This semester-long project requires them to interact with the Securities and Exchange Commission (SEC) website to retrieve several years of company’s annual reports, use Excel to analyze financial statements, performing ratio analysis and modeling stock valuation, write a business report, and finally present their recommendation to the class whether or not to add that stock to a portfolio.

The students were very excited when Ashley Etheridge, Director of Business Planning at Charter Communications came to class on October 20, 2022. The goal of the visit was to shed the light on what the actual financial analyst at Charter does in Ashley’s line of business – Planning and Analysis. Ashley carefully described the set of skills that is necessary for success in a financials industry job: owning the task from start to finish; data analysis; accuracy; and polished presentations of results in written, analytical, and oral presentation forms.

Ashley also emphasized the use of Excel in business analytics. She suggested to create a story with data, think through model structure, and design validation checks and backup materials. She entertained the class with the discussion of the “Greatest Excel Spreadsheet Errors of All Time”.

Students were able to ask questions and learn about Ashley’s career trajectory and her personal accounts of mistakes she made and successes she experienced while her more than a decade at Charter. She concluded her visit showcasing internship and job opportunities that are currently available at Charter.

The benefits of inviting employers in the classroom could not be overstated. The employers bring a unique perspective that can complement any classroom content while providing industry and career insight. The effect on students is amplified when a presenter can relate their day-to-day activities on the job to the skills that students are acquiring in a course. The clarification of such connections voiced by an industry professional, helps students identify career readiness competencies that they are developing in a particular course and become ready for a successful interview for an internship or a job.

 

Business Appraiser Shares Methodology in Financial Economics Class

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Mr. Becket presents in the Financial Economics class at Stamford on September 15, 2022

Mr. Peter Becket, a proprietor of Becket Business Appraisals, LLC visited the ECON 3413 Financial Economics class at Stamford on September 15, 2022. In this course, students learn company valuation techniques and apply those to a selected publicly traded company.

Mr. Becket has been an appraiser of privately owned businesses for over 40 years. So, his presentation gave students a real-world view of how he goes about valuing businesses that are not publicly traded.

Peter’s very engaging and interactive presentation showed how financial statements analysis and discounted future cash flow methodology are used in evaluating financial prospects of a closely held companies. Students learnt many nuances of appraisal business, which are not covered in the textbook. Peter shared several publications that present data of financial ratios, for example, which could be consulted for a benchmark analysis. He also explained his proprietary methodology for company valuation. Students were able to ask questions about the business and seek Peter’s advice about their career aspirations.

Mr. Becket encouraged students to invest in their learning, join professional associations, and start their careers working for someone else before venturing on their own if they decide to start their own professional practice. His talk connected the textbook material to the real-world appraisal business.

Dr. Smirnova, who is the instructor in this class, and the students are grateful to Mr. Becket for his time and invaluable wisdom, suggestions, and encouragement. The talk was very fun, as well.

Writing-Intensive Class is Visited by a Writer

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Professor Smirnova’s ECON 3431W – Public Finance Writing Intensive class was visited in March by a professional writer and entrepreneur, UConn Stamford Economics major alumna, Anne McAuley Lopez (CLAS ’96). Ms. Lopez, is a business owner of Agency Content Writer, LLC.

Company Logo for Agency Content Writer

Writing-intensive courses are always challenging for students. Professor Smirnova’s class focuses on writing a scientific research paper in economics, which is often the first time a student is exposed to a scientific writing approach. It is overwhelming for students to face a fast-paced environment of selecting a topic, formulating a research question or a hypothesis, conducting literature review, obtaining and analyzing data to find the answer to the research question or accept or reject the hypothesis. All of that with the emphasis on scientific writing with in-text citations and a proper bibliography.

Ms. Anne Lopez volunteered to help with the inspiration of students several years ago. She worked with Dr. Smirnova to prepare a series of videos that motivate students along their research journey. These videos are now on HuskyCT site for this course. This year, Anne came to the class itself, albeit virtually.

On that evening in March, Anne started by sharing her story about how she changed her career from financial analyst (she was an Economics major!) to a writer. On her company website, Anne writes: “Since my earliest years, I remember loving writing. Teachers would give us options of telling stories visually with poster boards and markers or with words. I always chose words.” She told students that she discovered that people value her writing and would ask her for help. Eventually, she decided to change her career and since September 2010, she has been a professional writer, helping businesses get found online.

Students were appreciative to hear Anne’s wisdom about being open to change and being flexible. Another advice: find what you are passionate about, and that passion complemented by hard work will lead you to success.

In the second part of the evening, Ms. Lopez talked with students about their selected topics and recommended several strategies of how to cope with writer’s block, find inspiration in reading, and how to “eat an elephant” (you have to be in class to know what that means!). Students responded well to her allegories and had fun discussing their challenges with writing in this class.

Such visits from UConn alumni are very valuable. They connect students to the real-world and to UConn graduates, especially if those graduates pursued the same major while in college. The stories of career trajectories, the stories of workplace dynamics are inspiring and insightful. For the alumni, such visits give the opportunity to connect with younger generation, to share successes and challenges, and to give back to the University.

Thank you, Ms. Lopez, for your work with us!

Stamford Economics Students Explore FACTSET Data Platform

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FactSet creates data and software solutions for investment professionals around the world, providing instant access to financial data and analytics that investors use to make crucial investment decisions. The company was founded in 1978 and is headquartered in Norwalk, CT, a short distance from the Stamford campus.

All UConn Stamford students now have access to FactSet data portal through the terminals located in Jeremy Richard Library. Because students in Dr. Smirnova’s Financial Economics (ECON 3413) class are engaged in a project valuating a company of their choice, they used FactSet to get financial performance data and other information about the company they have selected, its competitors, and the industry, in which the company operates. However, there is a lot more depth to FactSet.

UConn Stamford Center for Career Development had arranged for a special (virtual) visit of FactSet’s Academic Specialist, Andi Huff, to Financial Economics class. On November 18, 2021, Andi demonstrated for students many features of FactSet portal. This knowledge will help students not only in completing the semester project, but also in developing skills in data analytics, and in utilizing this data source in other Economics courses as well as in other disciplines.

Ms. Andi Huff also introduces students to various career opportunities available at FactSet, such as Student Ambassador Program, Internships, and Client Solutions Associates positions.

Economics majors are prepared for a diverse range of careers, but jobs in data analytics are of a particular interest nowadays. Availability of FactSet’s platform at the Stamford campus plays an important role in enhancing our students’ readiness for careers in this field.