NYU-SCPS Teach Women In Finance How to Succeed In the Industry

Intensive Professional Development Program for Career Switchers and MBAs

NEW YORK, May 26, 2009 - Still buffeted by economic uncertainty and governmental actions, the finance sector will need fresh approaches and professionals with broader knowledge of the best practices and the newest trends in the industry. Women in Finance —a new, intensive one-week professional development seminar— will run this summer at the New York University School of Continuing and Professional Studies and help professionals gain a competitive edge in the current job market and prepare for the industry’s coming recovery.

“Despite what many may think, now is the time to get into finance,” says Gloria Vogel, adjunct instructor at the NYU School of Continuing and Professional Studies with over 25 years of experience as a financial analyst and consultant to the insurance industry. “Finance is at the core of all business decisions, so it is a good career regardless of the economy.”

Offered through the Division of Programs in Business, the intensive program is ideal for women who want to start a career in finance, as well as women who already are in finance and looking to broaden their exposure and career. Recent college graduates and M.B.A.'s as well as men and women in other fields with established skills who want to change careers and network are also encouraged to enroll in this program. The program focuses on the opportunities and challenges facing women who work in the financial industry and will feature guest lectures by some of the country’s leading ladies in finance, including Joyce Chang, global head of emerging markets and credit research, JPMorgan; Abby Joseph Cohen, Global Markets Institute president, Goldman Sachs; Carol Degener, attorney at hedge funds practice Pepper Hamilton LLP; Andrea Esposito, managing director for governance services, Standard and Poor’s; Linda S. Goldberg, vice president, international research, Federal Reserve Bank of New York; Dana Hall, senior vice president, D.E. Shaw & Company; Elizabeth Mitchell, chief executive officer, Platinum Underwriters Reinsurance, Inc.; Darcy Stacom, vice chairman, CB Richard Ellis; Jacqueline H. Willens, managing director, The Willens Group, a UBS Financial Services Team; and Susan Antila, columnist for Bloomberg and author ofTales From the Boom-Boom Room, an expose of sexual harassment on Wall Street in the 1990s. 

“If job seekers and career changers are going to compete in the current finance job market, they are going to require access to quality information and career guidance in a very short amount of time,” says Michael Oberstein, Finance Department clinical associate professor and chair, NYU-SCPS Division of Programs in Business.  “These people want and need answers and direction now, and Women in Finance was designed with this in mind by utilizing successful faculty practitioners and providing access to prominent and influential industry leaders and career expert panels in a one week intensive.”

Topics to be discussed include new areas of behavioral finance and microfinance, career opportunities, gender bias in the industry, how to develop a mentor, how companies use debt and equity to run their businesses, personal financial instruments, investment banking basics, and wealth management and retirement planning. Various career paths are explored, and key skills necessary in finance to succeed in the marketplace are highlighted.

“While government is the major employer that is hiring today, there are still jobs available in smaller businesses and emerging growth sectors,” says Vogel, who will teach the course this summer alongside Amalia Estenssoro. “Clearly this is a difficult economic environment, so job applicants will have to work harder and will need more skills to obtain a position at any level within the industry.”

In an effort to support students in need of financial aid, the NYU-SCPS Division of Programs in Business will award three scholarships to individuals in transition who’d like to attend Women in Finance but can’t afford to enroll. The scholarship is part of the division’s ongoing commitment to its students who have been particularly hit the hardest by the current financial crisis. 

NYU- SCPS has long been involved in providing business development and management courses for those within the financial sector. NYU-SCPS’s Division of Programs in Business offers outstanding graduate and continuing education programs for those who want to expand their knowledge and skills in business-related disciplines. Current and future business leaders come to SCPS to learn how to handle complex challenges, creatively manage diverse responsibilities, and formulate and implement successful business strategies.

About the NYU School of Professional Studies

Established in 1934, the NYU School of Professional Studies (sps.nyu.edu) is one of NYU's several degree-granting schools and colleges, each with a unique academic profile. The reputation of the School of Professional Studies arises from its place as the NYU home for study and applied research related to key knowledge-based industries where the New York region leads globally. This is manifest in the School's diverse graduate, undergraduate, and Professional Pathways programs in fields such as Accounting, Finance, and Law; Applied Health; Arts, Design, and Film; Creative Cities and Economic Development; English-Language Learning; Entrepreneurship; Fundraising and Grantmaking; Global Affairs; Hospitality and Tourism Management; Human Resource Management and Development; Languages and Humanities; Management and Systems; Marketing; Project Management; Public Relations and Corporate Communication; Publishing; Real Estate, Real Estate Development, and Construction Management; Sports Management, Media, and Business; Translation; and Writing.

More than 100 distinguished full-time faculty members collaborate with an exceptional cadre of practitioner/adjunct faculty members and lecturers to create a vibrant professional and academic environment that educates over 5,000 degree-seeking students from around the globe each year. In addition, the School fulfills the recurrent professional education needs of local, national, and international economies, as evidenced by nearly 28,000 Professional Pathways enrollments in Career Advancement Courses and Diploma Programs. The School's community is enriched by more than 31,000 degree-holding alumni worldwide, many of whom serve as mentors, guest speakers, and advisory board members. For more information about the NYU School of Professional Studies, visit sps.nyu.edu.