Allegheny College

CBE Summer Experiences with Maya Ginter-Frankovitch ’22

By July 12th 2021

Maya Ginter-Frankovitch ’22, CBE Fellow and  recipient of the 2021 Outstanding Junior Major Prize in Economics, is an undergraduate intern at PNC supporting the Enterprise Data Lifecycle Management team in Independent Risk Management. We asked:

How did you find your summer internship?

Maya: One of my neighbors actually works at PNC who talked to me about the internship during my Sophomore year. I was too young at the time but applied a year later during my Junior year.

What are your duties?

Maya: I mainly perform administrative tasks for my department. That includes working on Excel files, creating and delivering presentations as well as designing articles and newsletters. These tasks can be quite repetitive and are not as challenging as I was hoping… might be because Allegheny prepared me so well!

The main takeaway from this experience would be the many opportunities to learn and network. I was very unsure about networking as I did not have much practice with it beforehand. However, PNC pushes us (interns) out of our comfort zone while also supporting us in the process. For example, when I found that I am more interested in the BSA/AML LOB within risk, my team encouraged me to network in that department and even made some introductions.

Would you recommend this activity to other students?

Maya: I would recommend this opportunity to other students. While the day-to-day work can seem monotonous, I learned so much about how a big business works as well as getting the chance to further develop some of my soft skills.

Maya is a fourth-year student at Allegheny College with a major in Economics and double minors in Computer Science and Psychology. Currently, she serves as the Founder and President of the Women in Business and Economics club as well as a Center for Business and Economics Fellow. Maya hopes to combine her three academic disciplines by exploring a career in financial crime. 

Congratulations Mary, Clayton, Peter, and Jonas!

By November 13th 2014

Allegheny College students Peter Adler, Clayton Morris, Mary Nagel and Jonas Skattum were among 41 undergraduates chosen to compete November 7-8 in the Early Leaders Case Competition at the Simon Business School on the University of Rochester campus.

In a highly competitive selection process, undergraduate students from across the country were brought together in a business case competition designed to simulate decisions faced by global business leaders. Teams competed for a total of $10,000 in prize money.

Students met their assigned teammates for the first time on Nov. 7 and immediately began working on the assigned case: a review and assessment of Cole and Parker’s start-up wholesale business, which facilitates microfinance lending through 1 percent of its sales.

Each team had 24 hours to analyze the case, develop a marketing strategy aligned with Cole and Parker’s growth plans for the next two to five years, and prepare slides for a 15-minute presentation to a panel of judges on Nov. 8. The winners were announced at an awards dinner that evening.

The first-place team – which included Allegheny senior Mary Nagel and three teammates from Hobart and William Smith Colleges, Knox College and Ursinus College – shared a $5,000 cash prize.

“My team was able to excel because we created an environment where everyone was able to contribute his or her unusual combinations of skills and interests – including global health, economics, cultural anthropology and international studies – to develop an out-of-the-box strategy that wowed the judges,” said Nagel, a double major in economics and global health from Pittsburgh. “The leadership skills I’ve acquired at Allegheny gave me the confidence to voice my ideas during our team collaboration session, to think and process the new and unknown, and to recognize that I had everything I needed to succeed.”

A $2,000 cash prize was shared by the third-place team, which included Allegheny senior Clayton Morris and teammates from Hobart and William Smith Colleges, Knox College and the University of Rochester. Morris, also from Pittsburgh, is an economics major and astronomy/astrophysics minor. “The Early Leaders Case Competition was an intense 48 hours,” he said, “but it was a great life experience to work with such a talented team.”

The Simon Business School has a Direct Admission Partnership relationship with Allegheny College. The Allegheny Gateway’s career education office works with Allegheny students who are interested in pursuing graduate studies at the Simon Business School.

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Photo: Allegheny College students Jonas Skattum, Clayton Morris, Mary Nagel and Peter Adler (left to right) were among the 41 undergraduates chosen to compete in the Early Leaders Case Competition at the Simon Business School.

Prof. Casler Wins Sir Richard Stone Prize

By August 3rd 2013

The InternationaCasler_IMG_8419rl Input-Output Association (IIOA) has awarded Allegheny College Professor Steve Casler with its bi-annual Sir Richard Stone Prize for the best paper published in the journal Economic Systems Research over the past two years. Prof. Casler’s work, “Coefficient Change, Price Effects, and Implicit Elasticities: Estimating Microeconomic Determinants Over Two Periods,” appeared in ESR in 2011 (Volume 23, pp. 153-174).

In announcing their award, the jury for the Prize summarized Prof. Casler’s work as the following:

The paper  contributes significantly  to  the literature on Structural  Decomposition Analysis. Firmly grounded in microeconomic theory, it develops a model to show how price effects on I-O coefficients, including the full array of own- and cross-elasticities of demand can be estimated accurately  within an  analytical  framework comprising 15 industrial sectors and two time periods. A major novelty is found in the extensive use of the “arc elasticity” concept, which paves the way from price, output and technological change to changes in I-O structural coefficients. The approach is particularly relevant to the study of ‘key sectors’, since it enables to identify those price changes that have the largest overall impact on I-O coefficients.

The Department of Economics wishes a hearty congratulations to Prof. Casler for his significant accomplishment in input-output research!

Summer 2013 Economics Newsletter

By August 1st 2013

2013-14 Newsletter - Page 1The Department of Economics has released its Summer 2013 Economics Newsletter, which describes all of the news and notes from the 2012-13 academic year. This includes a letter from the department chair, a summary of the Executive Roundtable and the Board of Visitors Meeting, a review of the department’s New York City trip, and updates on departmental efforts regarding internships, research and new initiatives. The newsletter can be downloaded here:

2013 Economics Newsletter