Economics and Finance
West Chester University
Office: 309C Anderson Hall
West Chester, PA 19383
Phone (610) 436-3331
Email: Department Chair
Economics and Finance Majors are encouraged to take advantage of the well established internship program of the Economics and Finance department. The internship program is meant to supplement classroom instruction with hands-on experience. Consequently, it is desirable that students pursuing internships should have finished their sophomore year. Approved internship programs can be undertaken for academic credit as either ECO 411 or ECO 412 - depending on the number of internship credits approved. These internship opportunities have helped students acquire relevant industry experience that have helped students distinguish themselves after graduation. The number of internship credits granted depends on the number of hours of experience accrued during the internship.
Internship opportunities are usually posted on the department's bulletin board located on the 3rd floor at Anderson (South Wing). Students have found it useful to conduct their own job searches via the university's Career Development Center, personal contacts, alumni network, etc. For more information on internships, including internship credits, opportunities, approval of job site, etc, students should contact Professor Kara via email at email@example.com.
National Auto, Home, and Life Insurance Company - Formalized paying internship program available each summer. Students from all business majors may apply. Full-day seminars teach students all aspects of the insurance business from adjustment to premiums. In addition, students are exposed to interactive group seminars on diversity, harassment, ethics, etc. Students get hands-on training and work experience in one particular aspect of the insurance business. In many cases, successful interns are offered employment at graduation.
National Life and Retirement Insurance Company - This internship program is designed for students who would like a career in financial advising. Students are trained and tested for their insurance license during the first few weeks of the internship. Students learn how to provide full-service savings and retirement planning. Interns also acquire the skills necessary to explain and sell different types of life insurance, disability insurance, and annuity plans to potential clients. Interns are grouped by university and teams compete for prizes and a trip to the company's national convention during the summer. Successful interns may become financial advisors with this company after graduation.
Retail Company with National Headquarters in Chester County - This year-round paying internship program employs students part-time in one of the company's five finance departments. This company sells millions dollars of merchandise over cable television. Interns can work in their state tax department, budgeting and finance department, inventory department, etc. as requested. This internship
Local Bank - This paying internship is offered each summer. Students learn how to teller and each week spend one or more days in a different department of the bank. Students spend a few days in customer service, commercial lending, accounting, trust management, human resources, etc. Students can continue to work part-time during the school year and are often offered full-time employment upon graduation.
Stock and Options Trading Company - Students learn how traders buy and sell stocks and options on the Philadelphia Stock Exchange. Interns can learn what is involved in becoming a trader on the exchange and decide if they wish to pursue a securities license and a trading career.
Privately Owned Rental Equipment Company - Interns learn first-hand what it takes to be a successful entrepreneur. This family-owned business employs an intern each semester for accounts payable and other finance related functions. Interns get to see how entrepreneurs apply finance principles in their day to day operations. This internship is an excellent learning experience and springboard into a career in corporate finance.