What is the SEMI program?
SEMI stands for Scholarship, Education, Mentoring, and Internship. That's the acronym.
But what is it? Quite simply, its the best educational and networking opportunity you can possibly have if you are a NYC-area undergraduate finance major. Plus, it gives you the opportunity to win a significant scholarship.
What does it consist of?
- The program gives sophomores and juniors a chance go get paired up with a NYSSA professional in a mentoring relationship over the summer. NYSSA members are recognized as ethical, knowledgeable members of the investment decision-making community. With more than 9,000 members, NYSSA is the largest of the more than 125 financial analyst societies worldwide that comprise the CFA Institute.
- During the program, students will also attend weekly educational breakfast sessions on finance topics ranging from investment banking to trading.
- Students are expected to get an internship on their own, but many students feel as if their educational experience at SEMI enhances their internship experience. Having a mentor outside the office provides students with guidance on getting the most out of their summer positions and the breakfasts give the students an upperhand when it comes to their finance knowledge.
- Scholarships are awarded to selected students at the end of the program. These scholarships can be used to supplement a student's finance education, or get them started on professional training like the CFA exam.
How did SEMI get started?
In 1996, NYSSA established the Heloise S. Ham Education Scholarship and in 1997 launched its summer SEMI Program. Heloise S. Ham, for whom our Scholarship Fund is named, led an impressive career in finance for over four decades and was one of the few women in the field when she graduated from Northwestern University in 1951. She began her career with Stein Roe & Farnham in Chicago handling industry research in electronics, consumer goods, retail and other industries. She then worked as a fund manager and investment counselor, earning her CFA charter in 1966. In 1968, she joined an investment company in New York where she managed a hedge fund, a venture fund, and individual and corporate portfolios. From 1971 on, she operated H.S. Ham & Co. in New York, specializing in financial consulting for individuals, corporations and financial institutions. In her private life, Ms. Ham was a racing sailor, a friend of New York’s parks, an avid reader and a gourmet cook.
NYSSA's SEMI blog is offered as a resource to Student Members in the SEMI Program to discuss their experiences and impressions of the program. NYSSA makes no representation concerning the accuracy, completeness, or timeliness of information conveyed by the SEMI blog. Opinions stated in the SEMI blog are statements of the individual making the post, and do not constitute statements by NYSSA.