As the protest movement to occupy Wall Street raises awareness about the problems surrounding the financial markets, some Molokai students spent their fall break actually going to Wall Street to learn about the New York Stock Exchange from the inside.
Three Molokai High School students — Michael Kikukawa, James Duffy and Robert Onofrio — participated in the 2011 Akamai Wall Street Field Study, sponsored, in part, by Kamehameha Schools and the Akamai Finance Academy.
A total of 51 Hawaii high school students took part in an immersive, place-based experience in New York. Students had a first-hand experience of Wall Street, the NYSE and what working in one of the epicenters of the financial industry looks like.
Over two days, Oct. 4-5, students met with and learned about career opportunities available to them in the financial industry and how to prepare for those careers by visiting some of the world’s largest financial institutions and speaking with financial professionals, many with ties to Hawaii.
The students took a private tour of the New York Stock Exchange, tour and train at Bloomberg, visit trading floors at JP Morgan and Morgan Stanley and the World Financial Center and see Standard & Poor’s.
The trip was made available to these students through their participation in the Akamai Finance Academy, an organization dedicated to providing a college and career readiness program to students who have expressed an interest in the financial industry. Students are currently engaged in a statewide portfolio management competition. Sponsors covered all airfare, lodging and meal expenses.
The participating students are from a range of over 20 different high schools across the state, from Ka‘u to Kauai, including many of the most socioeconomically depressed areas in the state and those with the highest concentration of Native Hawaiians.
Besides Molokai, other participating high schools included Campbell, Castle, Farrington, Hana, Kailua, Kamehameha Scholars (Aiea, Pearl City), Ka‘u, Kauai, Lanai, Maui, McKinley, Mililani, Nänäkuli, Radford, Roosevelt, Waiakea, Waianae, Waimea and Waipahu.
The 2011 Akamai Wall Street Field Study is presented by the Native Hawaiian Legal Defense & Education Fund, Pacific American Foundation, Kamehameha Schools and the Akamai Foundation.
Additional support for this trip was received from: Central Pacific Bank, Alexander & Baldwin, Hawaiian Electric, Bank of Hawaii, Hawaii Employee’s Retirement System and a number of dedicated individuals.