Our last excursion for the semester was a five-day field trip to New York City (March 10 – 15, 2024). The group attended four presentations, two scheduled on Monday and two on Wednesday, with Tuesday and Thursday designated as free days for students to explore New York City.
On Monday morning, our first presentation was at Moody’s. Kent Becker, senior vice...
Our first field trip for the semester was to Peoria, IL on Friday, February 16. Students enjoyed a narrated tour of the Caterpillar Tech Center and spending time at the Visitor's Center.
The fall 2023 field trip took us to Chicago to visit the Chicago Metropolitan Agency for Planning (CMAP). CMAP is a regional planning agency responsible for developing both short-run and long-run strategies covering transportation, housing, economic development, climate change, and quality of life for the seven counties comprising the Chicago Metropolitan Area. CMAP discussed a variety of...
The first field trip of the spring 2023 semester was to the Federal Reserve Bank of St. Louis on Friday, February 24, 2023. St. Louis is one of 12 Federal Reserve Banks, which are the operating arms of the Federal Reserve System, and each Reserve Bank operates within its own geographic area or district of the United States. Our visit started with a tour...
The second field trip of Fall 2022 was to Springfield, IL on Friday, October 21. The students started the day with a presentation at the Office of Management and Budget, State of Illinois. Ms. Alexis Sturm, Director of OMB, talked about the budgeting process in Illinois and the operating and capital budget for about one hour. After lunch...
The first field trip of the 2022-2023 academic year took us to Chicago to visit Deloitte on September 23. Deloitte provides audit, tax consulting, enterprise risk, and financial advisory services worldwide. Nicola Lostumbo, Kaveh Nafari and Taylor Ganan, all of whom are alumnae of the University of Illinois, explained the concept of transfer...
The second field trip for the semester was to visit Bayer in St. Louis on October 25th. Bayer acquired Monsanto Company in 2018. Bayer is a life science company with a more than 150-year history and core competencies in the areas of health care and agriculture. Our visit started with a tour of the facilities. The tour guides had extensive scientific knowledge...
Our first field trip for the semester was to visit the headquarters of Cummins in Indianapolis on September 20th. Cummins is one of the largest producers of diesel engines in the world. Ivan Iadzi and Michael O Assa-Eck, two of Cummins’ economists spoke of some of the work that they do. One of their major tasks is to project future sales, in large part done...
The spring semester concluded with the biannual spring break field trip to Washington, DC (March 17 – 22). Students attended four presentations: (1) World Bank—Angelica Silvero, Head of the Speakers Bureau, gave the students an excellent overview of the bank and its history; (2) ...
The first field trip of the semester was to Deloitte on February 15. Deloitte provides audit, tax consulting, enterprise risk, and financial advisory services worldwide. Suzanne Joyce, human resources, explained that Deloitte has an immigration office within HR that assists international applicants and new hires with visa issues. Applicants...
Our second field trip for the semester was to visit Wells Fargo Advisors, a brokerage firm and subsidiary of Wells Fargo & Company, located in St. Louis, Missouri.
Our visit to the CBOE on September 21 was an interesting look into the past as well as the present of options markets.
The semester concluded with the much-anticipated trip to New York City (March 18 - 23). Students attended presentations by the United Nations, Council on Foreign Relations, Moody’s, and TIAA.
The second field trip of the semester was to ADM in Decatur, Illinois on March 2.
Students traveled to Peoria in February to visit Caterpillar. The day began with a presentation describing the roles and responsibilities of the bussiness economic division at CAT. A CAT "business" economist typically forecasts the business cycle to assist the company in setting short-run production and inventory targets as well as predict long-term trends...
The last trip for the fall semester was to Springfield, Illinois. The students started the day with three presentations at the Office of Management and Budget.
The second field trip of the semester was to the U.S. headquarters of Anheuser-Busch InBev, located in St. Louis, Missouri. AB inBev is a Belgian transnational beverage and brewing company. The morning began with a walking tour that included a visit to the Clydesdale Stables and Paddock, Beechwood Lagering Cellars, Brew House, and Bevo Packaging...
The visit began with a presentation by Rick Mattoon, a senior economist and economic advisor in the economic research department, who talked about the 2017 economic outlook for the U.S. Ms. Cindy Ivanac-Lillig, economic outlook specialist, gave an overview of the Federal Reserve system and its mission and role of monetary policy. The day concluded with a visit to the Money Museum.
We concluded the academic year with a spring break trip to Washington, DC (March 19 – 24). Students attended presentations by the World Bank, Federal Trade Commission, International Monetary Fund, and the Inter-American Development Bank.
For the first fall trip, students traveled to Moline, IL to visit the world headquarters of John Deere. Established in 1837, John Deere manufacturers agricultural, construction, forestry machinery diesel engines, drivetrains for heavy equipment, and lawn care equipment. On February 10th, students enjoyed exploring the display floor that included an...