Jan 24, 2008

Summer Fellowship Program for Graduating College Seniors: American Institute for Economic Research

The Institute awards a dozen or more Summer Fellowships each year to students who will be entering a doctoral program in economics or affiliated program (e.g., law and economics, economic history, etc.). We also consider applications from those students enrolled in such programs for no more than two years. The program is not designed for students wishing to pursue graduate work in a business school program (e.g. MBA).

Summer Fellows come to the Institute for a four-week period of study and are provided with room and board plus a $300 per week stipend. Those who demonstrate exceptional potential are awarded Fellowships in-absentia if they are enrolled in an accredited graduate-degree program in economics for the succeeding academic year. In-absentia Fellows receive full or partial payment of tuition or a monthly stipend for all or part of the academic year, or both. During the past 5 years, in-absentia awards have averaged about $5,000.

Students choose between two four-week sessions. Summer Fellows participate in intensive seminars in the Methodology of Economics, Monetary Economics, Business-Cycle analysis and forecasting, property rights, and other topics.

The seminar format varies according to the instructor. However, readings in all seminars are substantial, and written work is required. Seminar assignments generally occupy the full attention of first-year Fellows. Guest lecturers given by Visiting Senior Fellows complement the scheduled seminars.

Faculty views the summer program as an opportunity to share with students of economics some views they may not otherwise encounter and, in the process, to subject their ideas to the criticisms of the Fellows.

Fellows keep the same hours as the Institute staff. Summer Fellows, the Institute's professional staff, and the investment advisors of American Investment Services, Inc. enjoy regular opportunities to engage in informal discussion.

Areas of Study: Economics, business, law
Levels of Study: Graduate
Open to Students from: Unrestricted/ Worldwide
Average Award Amount: $250 per week
Award Coverage: includes housing, weekly stipend and meals
Award Duration: four-week period of study
Award Deadline: Friday, March 14th

Eligibility Requirements

To be eligible for the summer program, applicants must be a graduating college senior who will be entering a doctoral program in economics or affiliated program. The program also considers applications from those students who have been enrolled in such programs for no more than two years. The program is not designed for students wishing to pursue graduate work in a business school program (e.g. MBA.).

Applicants must submit the following items:
1. Completed application form.
2. Vita.
3. Personal statement.
4. Writing sample.
5. Outline of proposed course of study.
6. Scholastic references.

Special Note for Foreign Students:
Although it is not a prerequisite for our Summer Fellowship program, we have found that few foreign students are able to participate unless they already have been accepted and enrolled in a graduate program at a university in the United States. Not only are we unable to assist in transportation costs, but also, because we are a small organization, we cannot assist with visas, insurance, or any other technicalities necessary for you to come here.

Further Information
http://www.aier. org/education/ student_fellow. php?cat=3Dabout

Contact
Pamela Allard
Assistant to the Director
Phone #: 413-528-1216
Fax #: 413-528-0103
E-Mail: fellowship@aier. o

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