AUC Students Land High-Level Internships

 With a first-place finish, Yara Ebeltagi, finance major with a minor in economics; Malak Elshennawy, finance major with a minor in economics and mathematics; and Joudy Aly, business and entrepreneurship major, made AUC proud at the Arab Fintech Challenge held at GITEX Dubai 2023. Creating an app called 'Mini Money' that incentivizes youth financial literacy, their project was selected out of international teams from across the region for its capacity to go beyond traditional savings methods and motivate youth with a unique rewards system. The students began this startup project as part of the Entrepreneurship and Innovation course taught last spring by Moataz Darwish '95, associate professor of practice in the Department of Management at the School of Business and team mentor. "The entrepreneurship project is a cornerstone in this course, with a clear learning outcome of generating a world-class experiential learning experience for students and equipping them with a mix of academic rigor and relevant  practical tools to help them succeed in the outside world," said Darwish. "The students were trained on all aspects of designing an entrepreneurial venture, from framing a customer problem to designing and prototyping a business model to delivering a powerful pitch. The process is very demanding and requires a variety of pedagogical techniques, including experiential workshops, case studies, guest speakers, investor assessment simulation, one-on-one coaching as well as personality and entrepreneurial tests and simulations with support from AUC's Career Center and Eonomics Behavioral Lab."The Arab Fintech challenge is a competition powered by Fintech Egypt, initiated by the Central Bank of Egypt and sponsored by the EG Bank MINT incubator.Hear some thoughts from the team about the project, collaborative aspects and the competition process:Yara Elbeltagi “Our collaborative journey in shaping our FinTech solution was enriched by the diverse personalities within our team. Dr. Moataz's endorsement of these differences proved to be a success, as they seamlessly enhanced our decision-making process. Joudy is the most practical of us, always thinking rationally, Malak is extremely analytic and focuses on the details, always making sure our information is backed, and I felt like I brought forward the creative angle that helped bring our idea to life. Since developing the idea initially, these distinct strengths enabled clear communication and efficient development, allowing us to develop Mini Money in synergy. Joining the regional competition unlocked a plethora of opportunities for us. To begin with, we gained an internship at Mashreq Bank which was extremely eye-opening and offered us hands-on exposure to the job market. We also got the opportunity to join a three-month FInTech incubation program organized by MINT by EG Bank. Networking was and still remains a great benefit from our participation; we continuously meet professionals and individuals who serve as mentors and give us real advice based on their experiences as well as unlock new opportunities for us."Malak Elshennawy“Although the three of us were majoring in either finance or entrepreneurship, our knowledge about FinTech was limited, having been recently declared. Still, our brief moment of hesitation did not stop us from competing, because we have always been committed to succeeding in everything that we did. More importantly, our professor believed in our abilities and urged us to compete. Our winning FinTech startup, the Mini Money gamified app with an embedded wallet, is designed to help parents track their children’s spending, increase their financial literacy and give them benefits whenever they save up, such as discounts at their favorite gaming store.  We were continuously changing and updating the app based on feedback from parents, bankers, venture capitalists and AUC faculty. Innovation is a continuous process, and over time, our startup has prospered and changed with help from all these mentors who have changed our perception of both the problem and the feasibility of our solution."Moataz Darwish, faculty mentor“The main problem the students tackled in this project was the lack of financial literacy among the youth population. Generally speaking, children don't have an efficient way to track or manage their spending, let alone savings. They possess a limited grasp of the importance of responsible financial management. Through the team's Mini Money project, youth will be able to monitor their spending and be incentivized to save through the gamified app experience. The app helps prepare the future generations in financial prudency and efficient financial decision making. The project also serves  parents by helping them  monitor and mentor their children's finances. The solution also signifies the contribution that AUC aims to provide by preparing its students to tackle sizable problems in the Egyptian and emerging markets  with innovative tech and business model endeavors. This project was enabled by the tremendous support we receive from the School of Business and the entire AUC community. Nothing is more rewarding to me than to realize my life mission in mentoring and coaching my students to realize their potential and enhancing AUC’s positioning in Egypt and beyond.”  

As part of AUC’s ongoing commitment to experiential learning, construction engineering undergraduates visited Egypt’s New Administrative Capital to explore hands-on the advanced construction methods and state-of-the-art electromechanical systems being employed. Students ascended to the top floor of the Iconic Tower, the tallest in Africa, where they were able to witness the advanced construction systems that comprise it in action. “Seeing such a mega structure, the Iconic Tower, in real life and listening to industry leaders delve into how such buildings are constructed is a real privilege,” says Mohamed Elnakeb, construction engineering graduating senior and president of the student-led Construction Engineering Association (CEA). “We also viewed the mechanical systems inside the tower. This experience is an added value for us as students since we actually see things firsthand and understand how it all works in real life.”The initiative is a collaboration between CEA, the Department of Construction Engineering, Career Center and American Society of Civil Engineers AUC Student Chapter. At the Central Business District, students were granted a unique opportunity to study the technological advancements of the area and gain insights that extend far beyond the confines of traditional classrooms. Additionally, the students visited the highrise twin towers, interconnected by a sophisticated truss bridge at the top. “This provided a rare opportunity for them to examine the intricate structural elements and construction methodologies that underpin these towering edifices,” says Ibrahim Abotaleb, associate professor in the Department of Construction Engineering. This immersive trip served as a cornerstone of the Career Center's job-shadowing efforts, facilitating meaningful interactions between aspiring engineers and industry professionals."The Career Center organizes job-shadowing visits in diverse industries to help students visualize their career in action,” says Mary Henry, experiential learning officer at AUC’s Career Center. The job-shadowing program allows students to spend a day with a professional working in their career of interest, giving them the opportunity to experience what the job is like and get their questions answered by professionals in the field.”Engaging directly with engineers and representatives of the China State Construction Engineering Corporation, the driving force behind the construction efforts in the New Administrative Capital, the students gained valuable insights into the collaborative efforts and meticulous planning involved in such ambitious projects.“AUC made history during this visit, becoming the second University to explore the Iconic Tower and the very first to venture into the twin towers, which marks a significant milestone in its commitment to fostering hands-on learning experiences for its students,” says Aboutaleb. "Such initiatives not only enhance academic knowledge but also provide students with a glimpse into their future careers, bridging the gap between education and real-world applications." 

AUC's Department of Architecture and Al Futtaim Group Real Estate are partnering to launch a Professional Mentorship Program, offering students the chance to engage in internships, research competitions and design studio work. "The program helps prepare architecture students deal with the challenges of a fast-changing market," said Amr Abdel Kawi, professor of practice in the Department of Architecture and director of the NextARCH lab who is leading this initiative. "It seeks to use education and professional partnerships to connect students to the architecture and building industries."The aim is to create a highly responsive, integrated learning experience that combines academic and real-world dimensions, developing mentorship modules and tracks for architecture students."This will be achieved in part by bringing professionals, whether alumni or companies, into the academic process to integrate with student coursework, increasing their marketability and agility through their ability to meet changing market demands and navigate the professional world."The agreement is one of several the department is currently concluding with major real estate companies to offer structured internship programs; sponsor research projects, design studios and graduate fellowships; in addition to inviting professional mentors and keynote speakers as well as conducting workshops for students. 

Whether seeking guidance about careers, academics, creativity, entrepreneurship or life in general, students in all stages of their AUC journey — as well as alumni — can find help in the form of a mentor under the University’s Life Mentorship Program (LMP).Launched in 2017, the program connects AUC students with faculty and alumni mentors, forging powerful relationships that last well beyond University. Michael Hanna ‘20 joined LMP initially as a work-study video editor and director, but shortly thereafter began to be mentored by Hakim Meshreki (MBA '05), assistant professor and CEMS Master in International Management academic director. Hanna is now an electrical engineer in Orlando, Florida.“My first impression of Dr. Hakim was how accessible and relatable he is,” Hanna recalled. “I felt like he was an older sibling, a really smart one.”After undergoing a revamp following the coronavirus pandemic, the LMP was relaunched last November by May Ramy, senior director for cocurricular programs at AUC. It now operates under five clusters: entrepreneurship, civic engagement, arts and culture, athletics and well-being. In addition to one-on-one matches, the LMP is also offering group mentoring sessions as an introduction to the program.“The program complements everything that happens inside of the classroom,” Younes explained. “It aims to build well-rounded mindsets and skill sets that will help students jump-start their careers. Moreover, it is a lifelong relationship — people always remember a mentor who has helped them realize their potential and overcome challenges.”Though Hanna studied electronics and communications engineering at AUC, working with Meshreki, who teaches in AUC’s School of Business, taught him the importance of making connections and being relatable in conversation. “I ended up taking Dr. Hakim’s Introduction to Business course, and later on, he recommended me as a teaching assistant to different professors.”This interdisciplinarity is a key component of the program, Ramy explained. “The LMP engages AUC learners from different disciplines in quality mentoring relationships and development experiences that create meaningful and sustainable connections and enable them to lead an intentional and professional life,” she said.Making a MentorIntelligence, empathy, experience — according to Meshreki, these are three characteristics that are essential in being a good mentor. Having been with the program since 2018 and mentoring students on his own before joining, Meshreki sees mentorship as an invaluable practice.“We're living in an era of instability, so talking to others and building relationships with more experienced people will open up ideas and opportunities,” he said. “Having a mentor can help students discover their full potential and steer them toward better avenues for personal growth.”Hanna reflected on what made Meshreki an ideal mentor. “He's young at heart and knows how to immediately connect with students,” he said. “Dr. Hakim consistently provided helpful, relevant information, continually exercised critical thinking, was willing to be proven wrong and loved being challenged.”Hanna is grateful for the program’s impact on his career trajectory. He’s also still in touch with Meshreki, who is taking on new mentees with the program’s relaunch. Since November, nearly 300 mentors and mentees have signed up for the program. “This is a network, and the benefits of a network are huge.” Meshreki said.___Follow the LMP on Instagram.