Department of Finance

Internships

A Discovery Learning Experience (DLE) is discovery based and experiential learning that involves instructional experiences out-of-class and beyond typical curriculum courses. These enrichment experiences exist for students under the supervision of a faculty member. UD students must register and successfully complete at least three credits of DLE.This may be one of 3 credit experience or experiences of 1 or 2 credits adding up to three credits.

Three DLE Credits are required for all* undergraduate bachelor degree students entering UD in Fall 2006 or later. Effective Fall 2008 when a list of specific courses satisfying DLE was first published, only courses appearing on the DLE approved courses list fulfill the requirement. However, the list of DLE approved courses is retroactive, so a course completed before Fall 2008 fulfills the requirement if it appears on the list. Both FINC364 in Practice and FINC418 Seminar in Corporate Governance are on the list.

Note: DLE was introduced before Fall 2006 but the requirement is waived for all students who entered the University prior to Fall 2006.

If you are a Finance major and are planning on serving an internship to meet your DLE requirement or to earn credit, please be aware that you must have passed FINC311 with a C- or better BEFORE you begin the internship. In addition, your internship should provide you with the opportunity to employ skills and knowledge you have gained from Finance courses you have taken. Also you must serve a minimum of 120 hours and you must follow the steps listed below in order to earn academic credit for your internship.

What is an internship?

An internship is a paid or unpaid work experience that also has academic value in one's program of study. Under the guidance of experienced practitioners, Finance interns apply the skills and theories learned in the classroom to real-world issues. By providing an opportunity to observe and participate in the practical application of theories, concepts and techniques taught in finance classes, the internship will help prepare the student for his or her chosen profession.

What are some benefits of an internship?

  • Internship benefits include:
  • developing personally and professionally while gaining confidence and real-world experience
  • helping prepare the student for his or her chosen profession
  • meeting and networking with practitioners in one’s area of interest
  • mentoring and performance feedback from the site supervisor
  • earning academic credit (NOTE: In order to obtain academic credit, the internship must consist of a minimum of 120 hours.)
  • fulfilling the DLE requirement

What is a successful internship?

Successful internships can be found in diverse settings and involve widely varying projects and assignments. All successful internships, however, share three traits.

  • The host organization receives significant assistance as a result of the intern's contributions.
  • The site supervisor provides feedback about the intern's performance and potential career path.
  • The intern is challenged to develop professional skills, knowledge, and ability.

To earn academic credit for your internship which will fulfill the DLE (Discovery Learning Experience) requirement, you must follow these steps:

  1. Take FINC311 before you begin your internship. FINC311 is a prerequisite for FINC364. You must have completed it with a grade of C- or better BEFORE you begin your internship.
  2. Complete the Discovery Learning-Internship Agreement. Once you have signed it and obtained your on-site supervisor's signature, take it to 306 Purnell Hall to obtain the required signature of Mr. Detwiler, Finance Student Advisor.
  3. Once the form has been completed and all signatures have been obtained, the department will register you for FINC364 Finance in Practice (3 credits). You will be registered for the course in the semester in which your internship ends. If your internship is served during the summer, you will be registered for FINC 364 in the following fall semester.

The Lerner College is home to a state-of-the-art financial trading facility, the $1.5 million student-led Blue Hen Investment Club, a student-managed restaurant and hotel, a high-technology development center of a global bank and a start-up experience for students with new business ideas.

Lerner College faculty - like Meryl Gardner, whose research on foods and moods was recently published in the Journal of Consumer Psychology - are thought leaders who command attention from influential business audiences, economists and policy makers.

All Lerner College departments offer discovery learning experiences and emphasize data-based analytics to enrich the student experience. Here, students at Vita Nova, our award-winning restaurant run through HRIM, joined professional chefs and winemakers in hosting a 2014 Mid-Atlantic Wine and Food Festival event.

The Institute for Financial Services Analytics is a collaboration between the Lerner College, UD's College of Engineering and JPMorgan Chase, and hosts events for academics and the business community designed to address consumer analytics and industry applications.

Undergraduate scholarships, made possible through the generosity of alumni and friends, enable us to support promising scholars. Here, Delaware Gov. Jack Markell and his mother, Leni Markell, join recipients of the William Markell Scholarship (center), which benefits students in Accounting and MIS.

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