Archive for Student Life – Page 32

SIPA Alumni Speaker Series: United Nations

Li-Wen Zhang Presentation

Last month, SIPA alumni Dr. Li-Wen Zhang and Mr. Tshering Gyaltshen (Getse) Penjor spoke to current students about their extensive work experience at the United Nations.

Dr. Zhang, an Adjunct Professor at the Whitehead School of Diplomacy and International Relations at Seton Hall University, served at the UN’s New York Headquarters for 27 years, and has worked in a variety of UN departments and offices including the Department of Political Affairs and the UN Security Council. Mr. Penjor, who achieved his MPA degree from the Program in Economic Policy Management (PEMP) in 1999, currently works as the Deputy Permanent Representative of the Permanent Mission of the Kingdom of Bhutan to the UN in New York.

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A look at ‘Emerging Capital Markets’ class

Professors Bruce Wolfson and Jorge Mariscal.

Professors Bruce Wolfson and Jorge Mariscal.

 
By Andreas Maerki, MPA International Finance and Economic Policy Dec ‘14

This semester I’ve been taking the “Emerging Capital Markets” course at SIPA with Professor Bruce Wolfson and Professor Jorge Mariscal. Professor Wolfson is a seasoned, emerging markets lawyer who’s counseled global financial institutions for more than 30 years in virtually every region and every aspect of financial services. He has substantial experience in negotiating and rescheduling sovereign and private sector debt. Professor Mariscal has more than 25 years of experience in international financial markets, with more than 20 years specifically dedicated to emerging markets. He was a partner and chief investment strategist at a multibillion asset manager and a managing director at one of the largest global investment banks, where he coordinated the firm’s emerging markets investment research product. Both professors have been teaching this course at Columbia since 1999.

The goal of “Emerging Capital Markets” is to expose students to the historical relationships between financial risk, capital structure and legal and policy issues in emerging markets. Students identify patterns in investor and borrower behavior, evaluate sovereign capital structures and analyze sovereign defaults—including the debt negotiation process during the various debt crises of the past 175 years. This course also studies the genesis and outcome of several banking and stock market crises seen in emerging market (EM) countries.

Typically, a solid understanding of economic and financial history is an important—and usually neglected—background needed for anyone interested in the banking industry or economic policy-making. But this course doesn’t require that its students have a high level of finance theory or law (although, some macroeconomic or finance theory will be useful).

The first half of the course consisted of lectures and reading materials about the definition of emerging markets, liquidity and pull theories and various recent crises and the implemented solutions. We also covered the current default of Argentina and the role of the so called “Vulture Investors.” During the second half of the course we presented group research projects about emerging markets. My group analyzed the emerging markets in Africa. Specifically, we compared and contrasted Kenya, Morocco, Nigeria and South Africa, and identified the risk and opportunities these countries are experiencing.

“Emerging Capital Markets’” rich lesson plan makes it easy to see why the course is one of the most popular classes at SIPA. Despite its popularity, the professors keep the class size small to maintain healthy and vibrant class discussions, and to ensure their students are getting the one-on-one attention they crave. Therefore, I highly suggest that you don’t wait until your last semester to take this course!

It’s truly a class you don’t want to miss while at SIPA.

November 11, 2014 Veterans Day

SIPA honors Veterans Day today! We have a number of military veterans in our student body and are proud to recognize their service today.

November 11th is a time to pause and thank our military veterans for the sacrifices they have made by serving our country in the defense of our freedom. I am proud to call myself a military veteran. I served my country for ten years and deployed twice to combat areas. My decision to separate from the military was for a myriad of reasons. It was the most difficult decision of my life, as I decided to leave a profession that I respected and brothers-in-arms whom were family. I decided to pursue an MPA at SIPA, in order to one day advise policy makers on security related topics. Like most of my fellow veterans, the transition to civilian life was extremely difficult. Fortunately for me, SIPA has an amazing veteran’s community in SIPAVets.

For any prospective applicants with a U.S. military background, we invite you to check out Columbia SIPA Veterans Association (CSVA)’s student organization page for information about the veteran community at SIPA.

Photo courtesy of the Columbia SIPA Veterans Association

Photo courtesy of the Columbia SIPA Veterans Association

These veteran students have become my new family. We are able to assist each other personally, academically, and professionally.

Personally, SIPAVets can advise new veterans on the on-campus and off-campus resources to best assist them with their needs; whether it be acquiring a basic housing allowance for NYC apartments, advising which is the best Veterans Affairs hospital for a particular ailment, to where to turn for certain Veteran educational benefits, organize a Tough Mudder team, or have that happy hour beer after a long week of studying. Academically, SIPAVets continue to have each other’s back. I’m not the best mathematically, but I always have a SIPAVet buddy make sure my econ or stats homework makes sense. Similarly, I would proofread their papers, since writing is more of a strength of mine. Professionally, the network of SIPAVets has been second to none. Former SIPAVets continually recruit other SIPAVets for full-time employment, as well as assist on workshops to make sure our military skills are captured on a civilian resume.

SIPAVets is an inclusive organization. We routinely hold forums for the general public to share our stories, as well as to educate the student body on veteran’s issues. The strength of the SIPA Veterans Organization was a main factor as to why I chose to attend Columbia. Any prospective students, who are currently active duty or are veterans, should feel free to call SIPA Admissions. There is always someone available who can assist them with questions about the admission procedures, as well as a Veteran on staff that can advise them on a myriad of Veterans issues; from active duty separation procedures to Veteran benefits processes. I want to end this blog by thanking my fellow veterans for their service. Happy Veterans Day to all!

Blog by Eric I. Medina, 2nd year SIPA student and U.S. military veteran

 

SIPA is on Instagram!

On our Admissions Blog, we love sharing deadline reminders, scholarship announcements, and Seeple profiles with you. But we realize there are more ways to connect in this digital landscape. So we are now extending our reach, and will be sharing more admissions-related info on our Facebook and Twitter feeds. (Don’t go anywhere, as there’s still plenty of information to learn from our blog!) 

But that’s not all. To show you more about student life at SIPA, we are now even on Instagram! For the latest images about SIPA student life and events, follow our username @Columbia.SIPA or find us at http://instagram.com/columbia.sipa.

Here’s a taste of the images to come:

Rainy day, instagram image

Stay dry today Seeple!

-Admissions Staff

"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

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