What does it take to succeed in the world of business?
The UA junior class found out when they spent a "Day in the Life" at Fidelity Investments in Boston on April 3.
This unique opportunity was made possible thanks to the planning and generosity of Regina Sullivan '78, Executive VP at Fidelity. Students saw the trading room, did a practice exercise about buying and selling of stocks and learned about opportunities for women in the finance and business world through a panel discussion with four female Fidelity employees.
Four members of the Class of 2014 chronicled their experiences at Fidelity for the Life on Lowder Street Blog:
Brigid Buckley '14
If you were to ask the majority of junior class girls who experienced a "Day in Life of a Fidelity Investor," they would probably admit to the fact that they only went to get a day off from classes. However, I am confident that those same people would say that the experience was very enjoyable. The staff spoke in high school terms and they were all very welcoming to a group of green plaid skirts parading their business suit hallways. While the experience exceeded my (and others') expectations, it did not necessarily create 60 new stockroom analysts. Through all the room tours and interactive group activities, the trip instilled something more important than how McDonald's stocks were doing (they went down 2 points while we were there, in case you were wondering). Every staff member that got up to speak to our group always admitted that this was not the career path they thought they would be taking. Many left high school and started college chasing after the career they had in mind since they were young children and somehow, they were steered in a completely different direction. Throughout that day, we were indirectly taught that it is okay for us not to know what we want to do for the rest of our lives. If we come out of college doing a job that is far less than what we expected, it is okay to switch careers and try to find something else that is truly worth our time. While this field trip was very informative in our knowledge of the world of finance, it unintentionally taught a more important lesson that I believe we as high schoolers need to remember: "You don't need to know where you're going; you just need to know where you've been."
Julia Gustin '14
The field trip to Fidelity Investments was an outstanding opportunity for the class of 2014 to gain insight into the world of investments and into potential career paths. The employees were very welcoming and did an excellent job explaining their areas of expertise to the class. We were guided through reading some of the numerous charts in the chart room that display various trends in economic growth and decline in the United States and countries around the world. This was an excellent way to visualize important economic developments that are considered when making investments and are needed for a better understanding of markets both in specific areas and worldwide. We then were able to go to the trading room and observe the workers as they researched and traded stocks. Here, we were taught about considerations that are involved in decisions to buy and sell stocks. The class then had the privilege to hear from four employees in different focus areas who outlined their educational background and their career journey to their current position at Fidelity. They described the different demands of their jobs and illustrated a typical work day, all of which provided the class with a much better understanding of the range of the responsibilities in their different positions. We were encouraged to ask questions which also helped to define the requirements and benefits of a job in investments. The day ended with a group activity in which we had to read articles and charts containing real information about a company to decipher if our group should buy or sell stock in this particular company and then presented our final decision to the class. This activity helped give a hands-on example of investment decisions and furthered our understanding of the process.
Overall, the day at Fidelity Investments was a very fulfilling and informative experience to learn about this career path and to interact with experienced workers in the field. It illustrated an energetic, professional and gratifying environment and depicted the many opportunities available at Fidelity. I thoroughly enjoyed the day and I, along with many of my classmates, truly appreciated this wonderful opportunity and am so grateful to the people at Fidelity Investments for a great day!
Casey Lynch '14
Unsure of what to expect when I arrived at Fidelity's ginormous revolving doors, I was soon sold when we were given Fidelity sunglasses, planners and pens. The day continued to get better as we learned the basics of the stock market and investing from friendly and interested staff members. The overarching theme of a Fidelity career, we soon learned, is not simply picking stocks, but rather learning to analyze and communicate efficiently in order to help others. Because we learn to analyze so thoroughly and communicate so freely at Ursuline, we were able to connect instantly with the Fidelity staff. They answered our questions eagerly and set up a hands-on activity to deepen our understanding of their work. In this final collaborative activity of the day, we were given articles and data on a particular company's financial history and then we had to decide whether to buy or sell shares of stock in the company. My classmates and I enjoyed applying the knowledge we had gathered throughout the day and sharing our ideas with one another and with the staff. Our day at Fidelity was truly memorable and truly special and I would like to extend thanks to everyone who worked hard so that we were able to attend.
Jaclynne Nader '14
Last week the Ursuline junior class had the opportunity to spend a day at the Fidelity Investments headquarters in Boston. I honestly had no idea what to expect as I got off the bus and stepped into the lobby of the building. We definitely turned heads as 60 17-year-old girls dressed in green plaid and blazers crowded into the elevator. We were brought through the building by one of the women whose focus is to recruit young adults right out of college to work at the firm. She was really fun to talk to (and very stylish!). We stepped into Fidelity's main conference room and in front of each seat was a notebook, pen and a pair of Fidelity sun glasses, which were definitely a hit! We started off the day with presentations by the heads of the various departments at Fidelity, including the head of their equity department. I was amazed that such busy businessmen (and women!) took time out of their work day to speak with us! They took the time to explain what Fidelity is and what each of them does on a "regular" day at the office. We also had the opportunity to tour the chart room and the trading room, where Fidelity employees once again took the time to show us around and explain to us (in the most basic terms possible) what the purpose of their particular job was. After touring the building we were able to speak with four different women at Fidelity. These women discussed their roles at the firm and encouraged each one of us to pursue our dreams and work hard. Lunch was provided and then we moved on to the most exciting part
of the day! Given information about the Lululemon stock, we were divided into groups and asked to make a presentation of whether we would advise to buy or sell the stock. We applied everything we had learned throughout the day to make an educated decision. Out of the five groups, four chose to sell the stock and only one chose to buy it!
It was truly a great opportunity to be exposed to the world of business. In school we learn a lot about history, math and science but we do not learn a lot about the business world. Overall, this was a great opportunity to expose the junior class to the business world, a world we do not see everyday!