Classes

Professional Writer Visits the Writing-Emphasis Economics Class

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

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

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

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

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

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

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

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.

UConn Stamford Economics Students Engaged with Community Business Leaders

Economics students at the Stamford campus were excited to meet two executives from Slalom, Thomas Kauffman, Head of Account Management and Sales, and Saken Kulkarni, Managing Director, on Thursday, October 28, 2021. Slalom is a global consulting firm focused on strategy, technology, and business transformation. Their office for New York, New Jersey, and Southern New England is located in White Plains, NY, so they are considered to be a local business for our Stamford campus.

During their visit to ECON 3431-Financial Economics class, Mr. Kauffman and Mr. Kukarni described Slalom’s business model, answered students’ questions, and provided an overview of the project acquisition and management stages.

This was a remarkable opportunity for Economics students who, in this class, study financial management and stock valuation. They were able to get a sense of actual real-life application of their analytical skills in the business world. The conversation focused on nuances of various projects that Slalom has been undertaking.

After this class, Thomas and Saken participated in the College Fed Challenge UCONN-Stamford team meeting (ECON 3492-Practicum course). Students shared their presentation that was submitted as an entry to the competition. Our guests constructively critiqued the presentation and gave suggestions for improvement. This was an invaluable contribution to team’s preparation for the Q&A portion of the competition. Students reported that they have learned a lot during this event as Thomas and Saken shared many stories of their career in general and work at Slalom in particular.

Such formal and informal interactions with community business leaders are very important as they connect the University to business and our students to prospective employers in the area. Additionally, students gain a sense of business landscape and expand their understanding of potential careers available to Economics majors.

Sandwich an Economics Course Around New Year’s?

52 students taking Economics 1201 in Winter Session 2012 did just that.  Professor’s Harmon’s Online Principles of Microeconomics continued to be an attractive draw in the University’s ever-growing portfolio of Winter Term Online Courses.  First offered in Winter Term 2010, Harmon’s course drew 29 students and the same number in 2011.  This Winter Intersession, though, enrollment increased by 80%.  The jump may have been related to the recent UConn Today Article 11/16/2011, describing how mobile devices, Facebook, and Twitter are incorporated in the course. 

The course is offered entirely online and condenses an entire semester’s material into an 18-day period, beginning shortly after Christmas, and ending just before Spring term begins.  (See “Boot Camp Economics,” UConn Econ Blog , 4/19/2010, for a description.) The course has 2 proctored exams, and students can elect to take the exams at the Storrs Campus Homer Library or at alternate more conveniently located certified proctoring center.  This winter term 14 students (27%) took their exams at alternate off-campus proctoring centers.  Two of the students took their exams in locations far from Connecticut:  France, and China. 

Bern Dibner took his final exam in Paris, France.  He writes, “I am a dual major in Mechanical Engineering and German Studies and am in my final semester (10th) at UConn. This results in the requirement to take many classes including intersession classes. As a dual degree student, I have to fill the general education requirements of both the College of Liberal Arts and Science and the School of Engineering, which is my general reason for taking the class. I choose this class specifically among those which would fill the requirement, because I thought it would be an interesting departure from my normal course work and useful for my general education. I spent a year abroad in Stuttgart, Germany studying and doing an internship Daimler AG and my trip to France this winter was to visit friends I met in Germany, and, more concretely, to follow-up potential job opportunities in France and Germany after college.  Being able to take a course while away from Storrs is extremely advantageous, especially considering the limited offerings of the Storrs community, particularly when school is not in normal session.  More   importantly, online classes such as this allow students like myself to graduate on time while attempting more ambitious academic programs. I wish I could have taken more intersession courses as I am going to have to take 21 credits this Spring to graduate.”  Another student took the final exam in Chaozhou, Guangdong Province China.  She is a freshman majoring in accounting and visited her parents during the winter break. 

Winter Intersession online courses are increasing popular at Uconn.  University statistics show a steep acceleration in growth since 2010.  In 2010 the online enrollment was 102 students, in 2011 it grew by 70% to 173, and in 2012 it grew by 115% to 371.  Enrollments in the traditional face-to-face class have not increased as quickly, and the share of online enrollment in total winter intersession enrollment has risen from 20% in 2010 to 58% in 2012.

Here are pictures of the alternate proctoring centers in France and China:

(Left) American Library in Paris, France. (Right) Ceramics School in Chaozhou, China.