The 2015 NSD-Baruch MFE Summer Camp successfully completed at Baruch College on August 17; twenty-six students and alumni of the National School of Development (NSD) at Peking University arrived in New York kicking off the camp in the morning of August 3rd.
The students are studying in the double major program in economics in NSD and majoring in mathematics, physics, computer science, finance, and chemistry. More than 70% of the participants were senior students with an average age of 21 years old.
The NSD-Baruch MFE Summer Camp comprised of a course in Elements of Financial Engineering taught by Baruch MFE faculty, visits to financial industry employers of MFE graduates, social activities with Baruch MFE Program alumni, students, and faculty, and sightseeing in New York City.
During the two-week course, the students learned about practical applications to finance of mathematical concepts and numerical methods, financial instruments and trading and hedging strategies, and practiced trading in the Subotnik Trading Center at Baruch College.
Students also visited Numerix, BNP Paribas, Credit Suisse, Barclays Capital, Bloomberg, and Morgan Stanley where they were introduced to the latest corporate strategies in the financial market and real life trading desks work environments. Financial practitioners interacted with students in informal discussions and answered questions about careers in the New York financial industry.
Moreover, the various social activities took place during the NSD-Baruch MFE Summer Camp. NSD students met with Baruch MFE alumni currently working in financial industry, discussed with current Baruch MFE students from NSD about their preparation for studying in the Baruch MFE program, and with Baruch MFE faculty about career placement, program curriculum, and the admission process. The social activities provided excellent networking opportunities.
In addition to lectures and business visits, the students experienced the amazing New York life, including visits to the New York Public Library, the Metropolitan Museum of Art, Rockefeller Center, the Empire State Building, and of course Times Square. Last but not least, the camp concluded with a trip to the United States Military Academy and to Woodbury Commons.
With such a wide range of experiences, the students from NSD obtained a better understanding of being part of the Baruch MFE Program in New York City and on the New York financial industry. Everyone is looking forward to the 2016 edition of the NSD-Baruch MFE Summer Camp.