All postgraduate students studying finance modules within their courses are eligible to apply with priority given to those students enrolled in the MSc International Banking and Finance and/or students studying the International Financial Markets and Institutions (ACFI5040). The maximum number of places on this opportunity is 20 and the minimum the trip will go ahead with is 10. DMU staff will be accompanying the group.
DMU students are only eligible to receive one academic-led trip bursary per year. Please check our eligibility criteria for further details.
The trip will provide students with the opportunity to explore the financial district of New York, and the international financial institutions of Washington, The World Bank and The International Monetary Fund.
In New York, you will go on a walking tour of Wall Street, where you will learn about The New York Stock Exchange and gain a deeper understanding of how the recent financial crisis unfolded. This will help you evaluate the importance of a well-functioning financial system for the economy as well as the nature and reasons for distress and failure in financial institutions.
There will be an opportunity to visit the headquarters of Bloomberg, a major participant in the finance industry, giving you a unique insight into the development of the Bloomberg information and trading system. The Bloomberg system is used at DMU in modules such as Applied Trading (ACFI5071), which emulates many aspects of a trading floor with students learning how to analyse the impact of trading strategies on risk, return, and transaction costs,. This visit will give you a deeper understanding of the company and the development of its system, and its usefulness in a real-world environment. It will also give you an opportunity to see the work offices of Bloomberg TV and radio.
Students will undertake a tour of the United Nations (UN) Headquarters and learn more about the UN’s Sustainable Development Goals (SDGs) aimed at transforming the lives of millions by 2030. DMU has been selected as the global lead by the UN for one of its SDGs, SDG 16 to promote peace, justice and strong institutions. The tour will provide an insight into decision making and sustainability goals which influence the financial markets. Sustainable development is embedded in the PG Finance curriculum in modules such as Sustainable Banking, Finance and Development (ACFI5082), in which students examine the role and linkage of banking and finance in economic development, and consider both the sustainability of banking and the requirements for banking and finance to further sustainable economic development.
As well as organised academic activities, you will have the opportunity to explore some of New York’s most famous and exciting landmarks, venues and districts. There will be opportunities (entrance fees required) to go up the Empire State Building, visit Liberty Island, ascending to the pedestal of the Statue of Liberty, as well as stopping off at the Ellis Island Immigration Museum. You will also have an opportunity to walk the High Line and Brooklyn Bridge and experience the buzz of Times Square and the beauty of Grand Central Station.
Travel and accommodation
- Travel – Students are required to independently book their flights to New York
- Accommodation – The faculty will book accommodation for this opportunity, and students will be expected to pay the full amount following confirmation of their place.
- Rail travel – The faculty will book train tickets (£155) for students to travel Washington D.C for a day trip as part of the itinerary, and students will be expected to pay the full amount following confirmation of their place.
Please note that students will be required to pay for their flights and accommodation and successfully obtain a visa or ESTA prior to being awarded the DMU Global bursary.
- Trip-specific enquiries – Gregory James – firstname.lastname@example.org
- General enquiries – Global Mobility Office – email@example.com
In order to participate in this trip, you are responsible for ensuring that you meet the US immigration requirements.
All students will require an ESTA or some kind of visa to travel to the USA. Further information will be provided to all accepted students regarding the type of visa required and how to apply. If you have any specific questions about this please email firstname.lastname@example.org for advice. Please note that you are responsible for checking processing times and meeting all application requirements in order to ensure that you receive your visa prior to departure. Please be aware that immigration decisions are made by individual embassies.
- Departure date: Sunday 7 June 2020
- Return date: Friday 12 June 2020
- Estimated cost of travel, accommodation: £900
- Students will also be required to pay for: UK and in-country transfers, cultural activities (£55), return rail fares to Washington D.C. (£155) food & drink, visa (if applicable)
- DMU Global bursary: £400
- Deadline for application: Monday 17 February 2020 9am