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Office of News and Information
212 Whitehead Hall / 3400 N. Charles Street
Baltimore, Maryland 21218-2692
Phone: (410) 516-7160 / Fax (410) 516-5251

September 28, 1995
CONTACT: Leslie Rice
(410) 516-7160

Engineering Students Try the Banking Business

It's a marriage of high tech and high finance.

An unusual program placing technologically trained engineering students into banking industry internships is being launched this semester by The Johns Hopkins University and First National Bank of Maryland, a subsidiary of Allied Irish Bank.

Three students in the university's G.W.C. Whiting School of Engineering -- a grad student in computer engineering and undergrads in computer science and materials science -- are working for First Advisory Services International Inc., First National's international business consulting subsidiary. The students will work to improve First Advisory's internal computer systems, develop new software and improve the company's information network worldwide.

"Dramatic technological advances require our clients to rethink business processes in order to increase productivity," said Walter J. Sistek, president of First Advisory. "Re-engineering, business process redesign and quality management are all important considerations for improving organizational performance. Further, technology resources hardware and software must be carefully evaluated and managed to ensure they meet the current market needs while providing the flexibility the future will demand."

The three interns have successfully completed summer internships in the Whiting School's international program in Austria and Slovenia, one of the few that places U.S. students into engineering positions overseas. Future First Advisory interns will also come from the international program.

"This is a rare opportunity for selected Hopkins students to become acquainted with the operations of a major financial institution while continuing their professional engineering studies at Hopkins," said Jack Fisher, a professor in the Hopkins Department of Geography and Environmental Engineering and coordinator of the program.

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