Boston College Exchange Report - Khairpuri Prashant Quantitative Finance, Class of 2019
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Hi There! My name is Prashant Khairpuri, year 3 Quantitative Finance student from Hong Kong. Since I entered HKUST, it was a dream of mine to go to a foreign institution for exchange. I am glad to say that I have lived that dream, in the spring of 2018 I had the opportunity to go to Boston College for exchange. It gave me some of the most incredible and eye-opening experiences of my life so far. I am really thankful to HKUST for the opportunity. Going for exchange allowed me to step out of my comfort zone and explore myself in a foreign environment. If you are thinking of going on exchange to an American institution, I would recommend that you give Boston College a closer look. Part 1 – Monthly Activity Log January I arrived in Boston on the 11th of January, with tons of curiosity and excitement towards an unknown journey. January was a relatively busy month, there was so much to do to settle down and adjust to the new environment, i.e. attending orientations, banking, getting required vaccinations, choosing courses, etc. Boston College will assign you a buddy, to help you, we became close during my time there. I also spent a lot of time exploring the city and the campus during the month, the New England architecture is truly beautiful and historic. February Winter is here! It was also my first-time seeing snow, I was struggling even with 4 layers on at first. You do get used to it in a couple of weeks. February was an amazing month however, we went down to New York, which is only 4 hours away, one of the best perks of being in Boston. Me being me, I had to go down to Wall Street. 2
The city is exactly as advertised, vibrant, fast-paced, diverse. I fell in love with the city, ended up going there 3 more times during the exchange. I recommend going to a speakeasy called “Please Don’t Tell”, to get in, you enter a hotdog place, and go through the phone booth. Something you see in the movies. I also attended a ball at BC with some students who had come to HKUST the semester before. At the end of the month, we had mid-terms and assessments. March Spring Break!! Me and a couple other Spanish and Australian exchange students decided to go to Cuba. We went there with little preparation and were shocked with what we saw there. The country is literally a time capsule; it was 30 years behind the rest of the world. There was barely any internet, cars from the 1960s, old architecture. Also, I didn’t speak the language, which made things harder. It was a fun trip regardless. We went to Fidel Castro son’s (Cuban revolutionist) night club, amongst the elite of Cuba, it was an unreal experience. Our day trip to Viñales was another amazing experience, we got to see how tobacco is farmed and Cuban cigars are made. Not promoting alcoholism but, you must try Cuban rum. I went back to New York again later in the month to meet some friends from Hong Kong, also cause I love that place. 3
April All that travelling finally got to me and I fell sick through the Easter break, for which I had planned to travel to Montreal, Canada. I met with some family however, while they were visiting from Curacao. We celebrated Indian colour festival “Holi” on campus, I was fairly involved with the BC SASA (South Asian Student Association) events. Late April was a busy time with a lot of group projects and assignments due. April was also time for the Boston Marathon! It runs through the BC campus. Since it rained, the celebrations were relatively muted on the streets, but more in the house parties along Commonwealth Avenue. May First half of May consisted of the study break and final exams, in which I spent a lot of time meeting friends from Boston as I planned to travel right after. Also went to Fenway Park (Home to the Red Sox) with my exchange buddy, Dan. I went to Orlando and Miami in Florida. Got to relive my childhood experience of Hollywood Studios in Orlando. Then I travelled to New Orleans, where we partied even more. New Orleans in my opinion, was the most interesting place in the US. I spent a lot of time having Beignets and having grenades at Bourbon Street. My friends went on to travel to the West Coast, I had to go back to Boston, and take my return flight back to Hong Kong, which marked the end of exchange. 4
Part 2 – General Exchange Information Visa Procedure Boston College provided the documentary support for Visa procedures. You had to submit a form that include all necessary information for Visa application in exchange their package for visa application. After receiving that package, you need to apply for US visa online and go to the embassy with all required documents. Orientation Activities As I was on exchange in the spring semester, there wasn’t much of an orientation. Just a lecture about basic information. I was jealous of fall exchange students, as they got to go on a boat cruise for orientation. Nevertheless it's a good opportunity for you to make some friends, and I met a great group European students, we became really close through the exchange. International Services & Activities International services will also be provided by Office of International Students. They are very helpful. Email them or go directly to them if you need any help. Accommodations Exchange students can choose either on-campus or off-campus housing when filling in the application forms. I chose to live on-campus as I didn’t want the hassle of finding an apartment off-campus. I was assigned to live in 2000 Commonwealth Avenue Apartments, which could be the best thing that happened to me. The best part about that accommodation was that its actually outside the campus, so there are less restrictions. I didn’t have to buy the meal plan as it had a kitchen. Also, it was on commonwealth avenue where most exchange students lived and most house parties are held. Course Registration University office will help you to enroll to the classes you want to enroll before semester begins, and it is very flexible to change the enrollment or enroll into some new courses. You need to find the office and ask them face-to-face. I went to the finance department to get enrolled into 2 finance courses, they increased the quota and put me in the class for both. 5
Teaching And Assessment Methods I took 5 courses below. Out of which, I was only able to transfer 4 courses totalling 14 credits. Course Code Course Name Professor HKUST Equivalent MATH2202 Multivariable Calculus Goldstein, Ellen J MATH2021 Multivariable and Vector Calculus MFIN225001 Fixed Income Analysis Peters, Helen F FINA4303 Fixed Income Securities ECON2261 Money, Banking & Kazemi, Hossein ECON4334 Money and Financial Markets S Banking PHIL2264 Logic Ellis, David W HUMA1720 Logic MFIN6640 Finsem: Stimulation & Haidar, Haissam Not Transferrable Optimisation In Finance Money, Banking and Financial Markets was my favourite class, it taught me a lot. And I honestly think the course will really allow you to learn about the macro environment, market news and US economy. Professor Kazemi is experienced, professional, and knowledgeable in all ways. He has a unique teaching style: no slides in class, he just talks about US market news and economy concepts. He is fairly strict as well so, watch out. Logic is also another great class, if you still need to complete your HUMA common core requirement. Super easy and low workload. Transportation Uber and Lyft are your best friends here. Using the pool services in these apps was how I mostly got around Boston. Public transportation will let you down in Boston especially if you’re used to the pace of Hong Kong. Climate The majority of the Spring semester in Boston is quite cold, and it sometimes even snows in April. We got 2 snow days while I was there. My best advice would be to layer up. There is indoor heating everywhere so you just need to protect yourselves while outside. Late April 6
becomes really warm and it feels very comfortable outdoor. You will see everyone on the lawn when it’s nice out. Professor Kazemi had an outdoor class when it got warm in April. Finance and Banking There is a Bank of America (BofA) branch very close to BC where you can set up an account. All you need is your BC ID and passport to make an account. My recommendation would be to carry sufficient cash for 1-2 weeks and have the rest transferred to the account once its setup. Since most places in the US accepts card, I almost never carried cash. It was very convenient to withdrawn whenever needed as BofA ATMs were everywhere. Venmo is also a convenient app and widely used by students to transfer money easily. Boston is an expensive city, I spent about 150K HKD throughout my exchange. A large portion went into accommodation, insurance, food and transportation. Just get ready for taxes and tips, it really makes basic things expensive. Part 3 – Items To Bring • Passport and visa • Vaccination records • Cash and credit cards • Clothes (Especially warm clothes; recommend Heatech from UNIQLO) • Electronic devices such as computers and cell phones (Many electrical appliances won’t work in the States as they use different voltage, make sure to check before taking) • Basic bedding items • Formal Suit • Driver’s License (if wanting to drive) Part 4 – Useful Contacts Your exchange buddy will be your most useful contact Others include • Minna Ha (Your Exchange Advisor at BC) – hamc@bc.edu • Agora Portal (Similar to HKUST SIS) - http://portal.bc.edu 7
• BC Canvas - https://bostoncollege.instructure.com/ • Boston Transport Information – www.mbta.com • BC Course Information - https://www.bc.edu/courses Indian | Australian | Andorran (Never will you find a more unique combination) Have fun on exchange, it’s definitely an experience you’ll cherish forever! Go Eagles! 8
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