Wall Street, New York & London B'10

At A Glance

Term – B 2010

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 in A term 2010

Application Deadline – November 4, 2009 (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.

ESTIMATED EXPENSES

Estimated Out-of-Pocket Expenses*	*London Amount*	*NY Amount*	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 to site (RT airfare)	$ 700	$ 200
Local Transportation from airport to residence	$ 75	$ 75
Groceries and dining out	$ 1,350	$ 1,350
On site commuting costs	$ 290	$ 290
Weekend tourist activities & incidentals	$ 1,000	$ 500
Estimated total out-of-pocket expenses	$ 3,415	$ 2,415
Expenses included on your WPI bill*
Housing and program expenses	$ 3,000	$ 3,000	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.
Estimated total expenses	$ 6,415	$ 5,415	*Tuition and on-campus housing not included.*
*Subject to change due to fluctuations in exchange rate

Wall Street, New York & London B'10

At A Glance

LOCATION

PROJECTS

ESTIMATED EXPENSES

Estimated Out-of-Pocket Expenses*

London Amount

NY Amount

Expenses included on your WPI bill*

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