Wall St, NY and London B 09

At A Glance

Term – B 2009

Project Opportunities – MQPs many majors (CS, ECE, MG/MGE/IE, Physics, Math)

Housing – Shared student apartments

Director – Professor Arthur Gerstenfeld

Preparation – 1/6 unit preparation course (A term)

Application deadline – November 5, 2008 (before 1:00 pm)

LOCATION

The Wall Street Project Center presents opportunities for MQP projects and possible future employment with some of the best firms in the world, such as Morgan Stanley, Bank of America, Deutsche Bank, and J P Morgan. Each of the project sponsors has needs for young, bright persons, with interests in technology and investments.

As a result of my MQP on Wall Street, I was offered a job at Bank of America where I am now working. It was my MQP on Wall Street that allowed me achieve my goals.

Jason Tondreau, WPI, Class of 2006.

PROJECTS

At Lehman Brothers, a CS student helped to automate a system to display risks associated with lending and to display specific risks associated with different credit situations. An MGE/IE student investigated what the users needed from the program and built a prototype.
At Morgan Stanley, the largest firm that services hedge fund transactions, New York and London teams investigated the best practices used between the hedge fund managers and the client representatives within the firm in order to find better ways to implement customer relationship management.
At J P Morgan, a CS student and a Management student focused on data contamination. The CS student focused on the software side of the contamination issue. The Management student focused on the source of the contamination (data entry, software, network, or hardware) and ways to alleviate this in the future. The J P Morgan project for 2007 focuses on grid technology and involves 2 students from ECE.

ESTIMATED EXPENSES –

	LONDON	NEW YORK
Estimated Out-of-Pocket Expenses	$ 700 $ 75 $1,350 $ 290 $1,000 $3,415	$ 200 $ 75 $1,350 $ 290 $ 500 $2,415	Round trip travel to site Local transportation from airport to residence Groceries and dining out On site commuting costs Weekend activities & incidentals Estimated total out-of-pocket expenses
Expenses Included on Your WPI Bill	$3,415	$2,415	Housing and program expenses In an effort to keep housing and program expenses as low as possible for students in this program, the IGSD subsidizes a portion of every Wall Street NY and London student's off-campus housing costs. The approximate per student real housing cost is $4,100.
Estimated Total Expenses	$6,415	$5,415	Tuition and WPI On-Campus Housing NOT INCLUDED

Subject to change due to fluctuations in exchange rate

Note:

In calculating the extra expense to participate in an off-campus project experience, compare this figure to expenses incurred while living on campus (groceries or meal plan, entertainment expenses, transportation, etc.)

Travel Dates:

Arrive at London site: Saturday, October 24, 2009
Depart London site: Friday, December 19, 2009

Arrive at New York site: Sunday, October 25, 2009
Depart New York site: Friday, December 18, 2009

Housing is provided beginning and ending on the dates above. Students who plan to arrive earlier or stay later will need to make their own accomodation arrangements outside of those dates.