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Financial Women's Association Internships Introduce College Students to Business World: Students Trade Summer Tans for Impressive Experience in New York's Financial Arena

By: Turbett, Peggy | American Banker, August 28, 1985 | Article details

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Financial Women's Association Internships Introduce College Students to Business World: Students Trade Summer Tans for Impressive Experience in New York's Financial Arena


Turbett, Peggy, American Banker


Regina Raphael was living 10 minutes from a beach near Tel Aviv when a message came to call home.

"You're working at Citibank," her mother informed her, "and you're selling computers."

So the Wellesley College junior packed her bags and headed for the airport. Three days after returning to New York, she reported to Citibank's Direct Access department, wondering: 'What's a modem? What's COBOL? What's an Apple? A Lotus?'

Ms. Raphael thus joined 38 other interns who gave up days in the sun's rays for corporate air-conditioning -- which, due to New York City's drought restrictions, wasn't always that cool.

Attracted by the opportunity to participate in the college intern program sponsored by the Financial Women's Association of New York, coeds from colleges across the country set out to learn and gain experience during a two-month stint in the financial world. For eight years, the Financial Women's group has placed undergraduate students in corporations, banks, consulting firms, investment management companies, and securities firms in the New York area.

Though it meant cutting her semester of studies in Israel short, Ms. Raphael felt the chance to work …

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