Finance in London
Junior Nicholas Falcone, a Financial Economics Major from the University of Rochester, interned in London as part of the EPA Internships in Europe program. The University and EPA work together to sponsor semester-long study programs in Europe that offer coursework as well as eight-credit internships of the student’s choosing. Falcone took two courses, Econometrics and International Economics, at the University of Westminster. For a final class project in International Economics, Nick’s group members represented Russia, Denmark, India, St. Lucia, and Bulgaria.“We all worked well together and got to learn about each other’s home country and culture in the process” he said. “This was probably my best educational memory from the UK.”
Falcone also completed an internship with Corsair Capital, a private equity firm that “invests money in private companies that operate in commercial banking, asset management and insurance,” according to the Corsair Capital website. “The internship matching is a central part of EPA, and it’s the main reason I chose to go to London on that program,” Falcone said. His work with Corsair Capital included case study work outlining prior investments while also updating some models used to value companies.
When he wasn’t busy with coursework or interning, Falcone visited historical sites in London and travelled around Europe. “I was even able to take a tour of the House of Commons from a friend who was interning there,” Falcone said.
On the whole, he noted that it was a great experience. He found the director for the program to be very helpful, as she helped them “assimilate into London… while giving us enough space to explore London on [their] own.” “The Tube (underground railway system) was easy to navigate, and we got to live in nice flats in central London,” he continued. “I really hope I can make it back again someday.