Julianna Brooks, ā17, is a market analyst for oil and gas services company Austin Industrial in Houston, Texas.
āMy degree path and everything within UL Ā鶹“«Ć½app was so important in getting this job and being able to execute on this job,ā she said.
The Perfect Job for a Young Economist
While the support she got from UL Ā鶹“«Ć½app was important, Juliannaās enthusiasm for economics was an integral part in finding her perfect job.
She handles market analysis and financial analysis, which are "two very fun, very important, very exciting functions within my organization," she said.
āFirst and foremost, as the market analyst, I work with our sales and business development team to analyze market trends and to analyze our internal data,ā she said. āIāll take our internal data and I will apply it to external trends.
āI put together pretty extensive reports on āthis is where weāre positioned in the marketā and āthese are certain markets that we are well-positioned to take advantage of,āā she said.
āOn the other side, I do financial analysis as well, but that is so interconnected with the market side,ā she said. āIāll take our internal finance trends and Iāll do gap analyses and Iāll look at what our internal trends look like and I do help report that data to the board, as well."
Julianna works closely with Austin Industrialās senior vice president of finance to manage the companyās forecast and rolling backlog ā both of which are tied to the trends she analyzes.
āItās so great to tie into the external market force as well,ā she said. āTheyāre less powerful independently and together they make really powerful insights.ā
āItās the perfect job for a young economist, truly,ā she said.
Juliannaās career in economics started with while she was still a student at UL Ā鶹“«Ć½app. She utilized her connections on campus to get an internship doing data analysis with Bryson Law firm.
āIt made all of the difference,ā she said. āOn one hand, youāre getting real, professional experience but then youāre also able to bolster up your resume as well as get credit for it. I mean, it was just an all-around wonderful experience."
Economics Over Burritos
Julianna also met some of her favorite people in the economics program at UL Ā鶹“«Ć½app. They bonded over burritos after classes.
āOn Thursdays, we would go to Izzoās and we would get burritos,ā she said. āWe went after econometrics class and we talked about economic theories and we were just bouncing ideas off of each other and it was such a blast.ā
Econometrics (ECON 418G) is the capstone class for the economics program and one of Juliannaās favorite classes.
āI found that class to be so exciting because what theyāre teaching in that class is ways of answering questions for yourself,ā she said. āThe main basis of the class is learning how to perform regression analysis.
āRegression analysis is the way that most economics papers use to establish trends and it allows us to answer questions about the real world for ourselves,ā she said. āIt allows us to take these totally disparate sets of data and it allows us to go find good sources of data.
āThe big end of the class was writing this 20-page paper and you hear about writing this paper from freshman year and youāre always thinking, āOh my gosh, at the end of this I have to write a 20-page paper,āā she said.
āThen you get to it and youāre like, āHow do I get this to fit in 20 pages?ā because thereās so much freedom of creativity,ā she said. āThatās a huge, exciting part of economics: that itās like hard science with a really good sampling of art and creativity. It gives you so much power to answer questions for yourself.ā
Another really important class for Juliannaās career was Money and Banking (ECON 320).
āItās definitely the one that gave me the most practical knowledge for what Iām doing today," she said.
This class was so useful that Julianna still has her textbook from the class.
āI have it in my office because there are so many things within the program that I still use on a regular basis,ā she said.
An Early Interest in Economics
Juliannaās love for economics started over a decade ago during the 2009 economic crisis.
āIt was so interesting to me,ā she said. āThere was something that just really drew me to it because I was like, āI wanna know why this happened.ā Obviously, I didnāt understand it at the time and itās still such a convoluted issue.
āThe entire financial system is based around people making decisions and itās not a hard science, itās all so theoretical,ā she said.
āWhen youāre a kid, you always think, āThese people are so much smarter than me,ā and there are all of these processes in place so people canāt make mistakes in these situations,ā she said, ābut really what economics dictates is that these systems are built around human flaws.
āHuman behavior dictates the way we decide to live our lives and spend our money and run our businesses ā and I find that really interesting,ā she said.
Julianna found the perfect place to develop her skills in the economics program at UL Ā鶹“«Ć½app.
āIt is such a bright spot that it is really often times overlooked,ā she said. āThe school, the professors, and the people and fellow economists ā I could not imagine a better program and one thatās more grounded in the human aspect of economics.ā