College Ambassador Spotlight - Claire Summerell

Why did you choose economics?

CS: I chose economics because I was interested in its aim to explain the way the world works and our role within it in terms of interactions between individuals, businesses, governments, and international organizations. I appreciate that this major has exposed me to topics within sociology, politics, and trade as well as taught me skills in statistics, data analysis, and calculus. Since I’m not sure what I want to pursue in life, I think economics gives me a lot of flexibility to pivot into different subjects and careers.

Which class in the major has been your favorite and why?

CS: Econometrics has been one of my absolute favorite classes! Many professors have often said that in economics, you are either a theory person or a data person, and through this class I discovered that I really enjoyed working with data and answering research questions. It allowed me to discover my interest in other potential careers related to statistics and data analysis!

Which class outside the major has been your favorite and why?

CS: I really enjoyed Corporate Finance. It was probably one of the most densely packed classes I have ever taken, but I was able to learn so many valuable principles of finance. We had interesting projects such as calculating the leveraged buyout of a firm or computing the stock price of Coca-Cola. The class also exposed me to many different areas of finance that I would consider exploring further, such as M&A, PE, VC, IPOs, etc.

What is your top piece of advice for students in the economics major?

CS: I think an interest in math and statistics will make it so much easier to successfully study economics, and it gives you way more flexibility in terms of how you can apply the degree in future careers. Those skills are necessary in both theory and data classes, so I would recommend strengthening your quantitative skills during your time as an economics major.

What is one thing that you recommend students do while at UB?

CS: I recommend to take advantage of all the resources UB has to offer. I know it can be overwhelming to navigate all the clubs, departments, and help centers, but I think it is one of the main advantages of attending such a large school. In my experience, professors, staff, and students are always willing to go out of their way to help you, and it has made such a positive difference to my college experience.