Group worked on cash flow and financial statements, Securities and Exchange Commission filings, mergers and acquisitions and more to prepare for paid summer internships
By DEON JONES
Grambling State University Media Bureau
GRAMBLING, LA — Three Grambling State University students are heading to paid summer internships after a week of Dow Jones News Fund business journalism training in New York.
Jessica Wright, Ninfa Saavedra and E’Vonne Gipson are among 17 interns chosen for the Dow Jones News Fund Business Residency, a business and business journalism boot camp-like program hosted by New York University’s Arthur L. Carter Journalism Institute in the Village. The GSU students joined 14 others for the program. Some interns will stay in the New York City area and others will join organizations as far west as California and Colorado, as far east as Massachusetts and as far south as Texas.
“It’s a week-long training process,” reported Saavedra, 20, a rising senior mass communication major from Katy, Texas. “You go to workshops from 8-5 at NYU. It teaches you the ways of business reporting, different reporting.”
“I will be working for the Cape Cod Times in Massachusetts, one hour away from Boston,” added Saavedra. “I’ll be working 10 weeks for $350 a week, and after that, if you’re an undergraduate (or graduate student returning to school) they give you a $1,000 scholarship when you go back to school.”
Interviewed during the week of training, Wright said “it’s been getting better and better every day, more and more learning, exposure to a lot of influential people, formulas and ways to take (our) careers to the next level.” Wright, a Dallas native will be interning at the National Endowment for Financial Education in Denver, Colorado, said she learned a lot, including that though few journalism and communications schools have business journalism courses and programs, the work ties into business, and once you learn or acquire those skills your opportunities will be limitless.”
E’Vonne Gipson, 21, of Missouri City, Texas, will be interning at an E.W. Scripps Co. newspaper, the Abilene Reporter News in Abilene, Texas. “It’s cool, busy, busy, busy, fun. We learn a lot, see a lot, big city, a lot to enjoy explore and get into,” Gipson said on Thursday. “Today we got to visit The Wall Street Journal and NBC and Dow Jones.”
Gipson said she would be a business beat reporter, writing for the newspaper’s Sunday business section and other parts of the newspaper during the week.
The business reporting program is one of a few sponsored by the Dow Jones News Fund, and this one is the only one focused on business and business journalism. “There are seven programs. Digital, sports, business reporting and news copy editing has four residency programs,” said Linda Shockley, the fund’s deputy director. “Business reporting students are trained how to read filings that companies are required to submit to the Securities and Exchange Commission” as well as how to read financial statements.
“The news copy editing program has been around since 1968 and over the years we’ve grown from two copy editing residency programs to four,” said Shockley.
According to Shockley, 60, of Lawnside, New Jersey, “the important thing is that the students get training before they start their internship. They get training in press style, financial writing style, the basics of reporting, reporting on business stories…”
Pictured above (left to right): Ninfa Saavedra, E’Vonne T. Gipson, and Jessica Wright