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Monica McInerney Wood

Financial Economics

monica.wood@duke.edu

Resume Papers -How to Construct a Global Portfolio After a Yield Curve Inversion -The Effects of Prosecuting Juveniles as Adults on Relative Crime Rates

 

 
     
      How have the flexibility, inter-disciplinary programs of study, and range of concentrations in the Economics master's program enriched your experience?
     

Although many factors contribute to the success of this program, in my opinion the most valuable has been the ability to take courses outside of the economics department. Throughout my studies I have been able to experience courses in economics, finance, operations, and mathematics. Ultimately this variety of study has led me to better understand the applications of economics thus enabling me to become not only a better student, but also has given me an unparalleled foundation for my career.

      Regarding the collaborative efforts of students differed from previous experience.
     

The students in this program possess a strong commitment to excel and as a result we have formed a close bond. It is hard to say how many times I found myself at the lounge until midnight attempting to solve a seemingly impossible problem, but I was never alone. My classmates were always there pushing forward. In the end, together we would solve the problem. I am certain if you came to this program and studied 20 hours a day by yourself you wouldn’t make it through. Teamwork isn’t optional here, it is required. Looking back on my time here I realize that my peers have had just as much of an impact on my education as did any other element of this program, and because of that we have formed life-long friendships.

      Describe which courses had the greatest impact on you.
      The most obvious courses to have an impact are 205 (taught in the fall… not the summer course), and 210. Both of these courses require at least 40 hours a week on their own, and are incredibly challenging and rewarding. Outside of either of these courses the course that affected me the most would have to be Global Asset Allocation taught by Professor Campbell Harvey at the Fuqua School of business. This course is one of the most quantitatively challenging courses at Fuqua, and really captures many links between economics and finance. After taking Professor Harvey’s course my interests began to shift away from economics and onto business. My rigorous theoretical economic background coupled with some of the most challenging Fuqua courses, provide a solid foundation to either pursue a PhD in Business or to enter the business world.
      Best advice for prospective students.
     

Remember that there are many approaches to a problem, and within those lie many different solutions. In addition, never settle for your first or even second answers. Without a doubt there is always room for improvement.