In a tough economy and job market, having an edge over the competition is a good thing; and senior Charles Terrell is hoping his recent acceptance into the 2012 summer Institute on Economics and International Affairs (IEIA) in Washington, D.C., will be just the edge he needs. Terrell is one of 60 students from across the country accepted into the prestigious program which is sponsored by The Fund for American Studies (TFAS). Along with his acceptance, Terrell received a $1,500 scholarship.
"I was really excited and quite frankly very surprised when I found out I was accepted into the program," said Terrell, who is a native of Brazil. "I knew that great students were applying for it and that the program is competitive. It was a great feeling.
"It is so hard to get a job nowadays and an internship experience is a way of acquiring the experience employers are looking for."
According to Terrell, interviews for an internship start in March, and he will have the opportunity to choose from at least three internships that match his interests. "I have a strong interest in learning more about the economy and markets. I hope to find an internship in a trade company or in an economic think tank."
In addition to his internship, Terrell will be enrolled in a course on U.S. foreign policy and another on comparative economic systems at night. He will also be attending exclusive briefings at various sites around D.C. including the World Bank and U.S. Capitol as well as lectures from internationally-recognized economists and foreign policy experts.
"The classes offered by the program are unique," said Terrell, who is majoring in business administration: management at Averett. "Although I have great professors at Averett University, there are not that many elective classes in economics. By attending these classes and getting some hands-on experience in the internship, I expect to become better prepared for my career."
Students who are accepted into the program must meet a number of requirements including: demonstrate a leadership ability and ambition and involvement in campus and community activities. Students must also receive a letter of recommendation from a professor and have a grade point average of 3.0 or higher and well-written essays.
"Charles is a responsible and self-motivated student with an attitude to work hard and thrive," said Dr. Chin-Chyuan Tai, professor of economics and chair of the business administration department. "He's an excellent student ambassador to represent Averett to students from other colleges."
Terrell's goal, once he completes the internship, is to further his education by pursuing a master of business administration degree or a master in finance degree. "With the strong competition of today's world, you have to prepare yourself to be competitive in the market."
The Institute on Economics and International Affairs is TFAS' newest institute. In fact, Terrell will be a member of its first class. IEIA branched off from the Institute on Comparative Political and Economic Systems, which had two tracks – public policy or international affairs. As interest began to grow in the international affairs track, TFAS realized there was a need to serve students interested in economics and their greater impact around the world.
The Fund for American Studies (TFAS) was created in 1967 as a way to instill in young adults an appreciation for the American form of government and the free enterprise system. TFAS sponsors 13 institutes that teach college students about the principles and values upon which the United States was founded.
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