Archive for Application Tips – Page 28

Why study International Finance and Economic Policy (IFEP) at SIPA

New York City, the financial capital of the world and the commercial capital of the United States, is the logical location for the leading policy program on international finance and trade.  Our faculty flourish here, as they could not do in places such as Maryland, Massachusetts, Paris or Singapore.  Our faculty have both academic credentials suited to an Ivy League university and up-to-date experience with how markets function—-we do not have to compromise.  Columbia has always drawn top students who would not want to study anywhere else, from Alexander Hamilton (the nation’s first Secretary of the Treasury and founder of the New York Stock Exchange) to Warren Buffet.

Internships, capstone workshops and ultimately jobs for IFEP students that can be found in New York City are unrivaled.  The top 5 banks or investment banks in the world in terms of fee revenues are headquartered here, as are 45 of the Fortune 500 companies. Two-thirds of the world’s hedge funds lie within 20 miles of SIPA.

Many things in New York City are big and so is the IFEP concentration.

With approximately 110 graduates each year, it is believed to be the largest such concentration among major policy schools.  Scale means a bigger network of graduates, more courses and a bigger reputation.

While most IFEP students find satisfying jobs, no graduate education can guarantee a particular result.  Students should keep in mind that job offers will depend on experience before coming to SIPA, immigration policies in the country where they wish to work, performance as a student, the economy at the time they graduate and a measure of good luck.

Interview with SIPA MIA candidate, Ashley Robinson

Ashley copyName: Ashley Robinson
Degree: MIA
Concentration: Human Rights & Humanitarian Policy
Specializations: I figured out how to complete 3 specializations during my time at SIPA: International Conflict Resolution, Gender Policy and International Organizations.

A brief background:  Contributing to a world better than the one with which I have been partially entrusted, is always my focus. My professional path has been neither liner, nor narrow. I tend to pursue what is most interesting and challenging to me at the time. It usually involves at least three simultaneous projects. I have primarily worked in research in litigation, behavioral economics, social science and clinical drug trials.  I have served on boards and volunteered with organizations focused on microfinance (Grameen America), end of life care (Hospice), equal rights for people with disabilities (The ARC) and many others.

What attracted you to SIPA?

Of all the International Affairs programs I researched, SIPA was always my first choice. I was most looking forward to the discourse I would have with the student body, comprised of 50% international students. I felt the instructors would provide practical wisdom and genuine insight and I have not been disappointed. The curriculum is a perfect balance of theory and practice.

What advice would you give a first-year student?

During your first year at SIPA, 35% behind on everything is the new par. Work as hard as you can, be as forgiving of yourself as possible and don’t forget to enjoy it because it goes by so quickly.

What kind of work do you hope to do when you graduate?

After graduation, I would love to work in International Conflict Resolution. After my summer research project for UNOCI and UNDP, I applied to the United Nations. While I am most interested in Africa, I will go anywhere I can be useful.

What most surprised you about SIPA after you arrived?

After I began at SIPA, I was most surprised at how quickly the time goes by. Every time I looked up, a week had passed. Graduate school is nothing like undergrad. While I don’t want to say taking 17.5-18 credits, including learning a new language and working full-time was a bad idea, it is one that should be well considered.

 

Things to think about (do) before you apply for grad school

As the summer draws to an end, many people contemplate going to graduate school.  There are a lot of reasons to go back to school but you should decide if those reasons are good enough reasons to spend a year or two (or three) studying and taking exams and incurring debt while you are out of the job market.  You should also consider what is it that you hope to do when you graduate.  If you are thinking about pursuing a career in global public policy (because almost every aspect of life is affected by policy decisions and because you want to make an impact on the global community); getting into a highly competitive, highly impactful organization takes a higher level of training and expertise that a master’s degree can provide.

Going into a graduate program is a big investment in your career and it’s a way to focus on your passion.  Graduate school programs are very specific, so you should know what you want to get out of it before going into it.  You should look at going to graduate school to enhance and develop certain skill sets that will help you achieve a specific job that you want to have post-graduate school.

The piece of paper you get after you finish a program is not going to guarantee anything; it’s the experiences in and around graduate school such as the networking opportunities with students, faculty, and alumni, how you position yourself through the courses you take, the student organizations you may be involved in, events you attend, the internships and assistantships you obtain; your graduate school experience will make the difference on the impact you hope to have, personally and professionally.

You should research the various programs – make sure it’s the right program that offers you the concentration you are interested in studying that will help you get the job in a specific field that you had your eye on.  Start your research early.  You should visit the school/program websites, speak with the admissions offices, attend information sessions, sit in on a class, meet with a professor doing research in your area of interest, review course descriptions and curriculum outlines, and take the time to speak with students and alumni to get their perspectives about the program and life after school.

Find the right school and program that aligns with your interests and will get you the access to the opportunities that matter.

Paying your tuition bill… gag

SIPA, like most schools at Columbia, has its own Financial Aid Office to assist our students.  However, the office responsible for posting charges on student accounts, billing, collecting payments and issuing refunds or stipends, is Student Financial Services (SFS), a centralized office serving the entire University.  At many colleges, this is known as the Bursar’s Office.  SIPA’s Financial Aid Office does not send you your tuition bills, collect payments, or the other procedures mentioned above.

The SFS website can be found at http://sfs.columbia.edu/.

Some important information related to your bill and your student account:

  • SFS will send an email to your Columbia email address (your UNI) on or about August 12 with a link to a preliminary bill, which must be paid in full by September 13.
  • Accounts not paid in full by the due date are subject to late fees, which are assessed monthly.
  • Interest-free monthly payment plans are available.
  • Financial aid that has been fully processed is credited to your account.  Please respond to all requests for documentation from the Financial Aid Office promptly, as failure to do so will prevent your aid from being credited to your account.
  • The state of New York requires all full-time students to have health insurance.  Your bill will include a charge for health insurance, which can be waived if you have equivalent coverage.  From the link above, click on “Health Insurance Waiver.”
  • If your aid in any semester exceeds your tuition and fees, you will receive a refund of that credit balance approximately one to two weeks into the semester.  Please plan your non-tuition expenses (rent, food, transportation, etc) accordingly.  If your aid package includes a stipend, the timing is similar to that of credit balance refunds.
  • You can receive refunds or stipend payments for which you qualify by direct deposit (recommended, otherwise you’ll receive them by a hard copy check through the mail); go to Student Services Online (SSOL) at https://ssol.columbia.edu/ to set this up.  This is currently only available to US citizens and permanent residents, but should be available for international students by the middle of the fall 2013 semester.
  • SFS accepts electronic checks for payment via SSOL, but does not accept credit cards.
  • If your bill is being paid by a sponsor or third party, please see http://sfs.columbia.edu/billing/sponsored-students for important instructions.

See SFS’s website for mailing addresses if you are paying by mail.

 

Networking

One buzz word you’re likely to hear a lot during your time at SIPA is “networking.”  We talk about the power of networking and its importance all the time, but even the most experienced SIPA student can feel intimidated at the prospect. Networking like any other skill, improves with practice and the better you get, the more comfortable you’ll feel using it. Here are some tips to exercise your networking muscle:

  1. Network Before You Need It.  Networking is not about “using” people, it’s about fully participating in your professional community. One of the great joys of my professional experience has been connecting people. A former intern wants to go to intern and the state department and I happen to know a SIPA grad who works there. A classmate wants to work for the Sierra Club and I attended a training session with someone who works there. Not only have I helped my colleagues find jobs or staff, but I know that there are competent people working for the causes in which I believe. By building a network before you need it, you enable yourself to help shape your professional community and people are more than happy to return the favor when the time comes. (And you’ll feel better about asking).
  2. Value Yourself and Your Experience. You have every right to reach out to your colleagues and people you’ve done good work for.  Put yourself in the other person’s shoes. If a friend of a classmate wanted to pick your brain for advice or you were in a position to forward your former intern’s resume, wouldn’t you be happy to help?  Why shouldn’t you expect the same professional courtesy?  Public policy people tend to be especially giving in this capacity because we understand what it takes to be a committed and effective advocate and we want to promote those traits. Assuming you’ve done good work in the past, there is no reason for them not to help you unless a) they are insanely busy b) they are being a jerk or c) they don’t feel you’ll use their time wisely (see below).
  3. Ask For Advice.  People like when you ask for their advice. It makes them feel admired and important. (Hello, advice column I am in the midst of writing.)  Asking career advice is a great way to get useful information and establish a relationship at little cost to the advisor. Good questions to ask include, “Who should I be talking to?” and “If I want x job eventually what kind of experience do I need?”  Asking these questions is a useful exercise in and of itself.  You should only ask questions to which you genuinely want the answer. That said, you may find that your questions are rewarded with an offer to help. If not, once you’ve established a relationship you can follow up with “That’s a great idea, do you know anyone there? Would you mind forwarding my resume?” etc.
  4. Do your homework.  I will let you in on a little secret, it drives me CRAZY when people email or message me asking questions that I have already answered on my blog.  Likewise, when they ask me questions that could be answered by Google. Don’t get me wrong, it is my absolute privilege to be a resource to my professional community, but as such I get a lot of requests for help or advice and I expect my time to be respected. Value the time and energy of your prospective sponsor or mentor. Don’t ask questions you could have figured out on your own. Don’t go on an informational interview without having done a little research on your interviewee or their company and…
  5. Follow up.  Just like it takes time to give advice, it takes time to do a favor. If I offer to look over or forward your resume, don’t take a week to send it to me.  If I respond to your email by offering advice, follow up thanking me. If you don’t, not only will I feel disrespected, I will doubt your professionalism and therefore be disinclined to link my name with yours. The way you treat someone after they do you a favor impacts the likelihood that they’ll do you one again.

I hope this helps get you thinking about ‘networking’.   Remember, you are worth it! Be respectful and I’m sure others will be more than happy to help!  Happy Hunting,

 

"The most global public policy school, where an international community of students and faculty address world challenges."

—Merit E. Janow, Dean, SIPA, Professor of Practice, International and Economic Law and International Affairs

Boiler Image