Ministerio De Hacienda, Chile (Co-sponsored with the David Rockefeller Center for Latin American Studies)

Please Note: This internship is co-sponsored. This means that the funding for this internship is provided by two institutions at Harvard. The Primary Affiliation is with DRCLAS, and the Secondary Affiliation is with the IOP. The primary institute will be the point of contact during the application and internship onboarding process, and applications for this placement will be processed by DRCLAS.

Please note DRCLAS's application instructions to ensure you meet all the requirements. The intern selected for this internship will have the benefits and obligations of an intern in both of programs.

 

Ministerio de Hacienda (Department of the Treasury)

The Ministry of Finance has as its mission to maximize the potential of long-term growth for the economy. They aim to encourage better use of productive resources in the country in order to achieve sustainable economic growth that translates into a better quality of life for all Chileans, especially the most neglected and vulnerable.

2019 Intern Reflection:

My summer has involved working at the Ministry of Finance (or Ministerio de Hacienda) here in Chile, in the “Coordinación Macroeconómica”, or Macroeconomic studies department of the office. My project is linked to developing models of the Chilean economy, both using statistical tools and mathematical formulas to understand and predict general indicators.

My internship is a standard 9-6 day, with around an hour for lunchtime at 1 pm - Chileans typically eat a heavy lunch and lighter dinner, and that’s when I usually socialise with my coworkers. The office environment is pretty focused but chill as well. In our orientation (I am on the dual-program with the DRCLAS), we were told that Chileans usually have a pretty “chill attitude towards time”, and I can confirm this to be true (at least in my office). I do, however, make sure I show up on time to the events. My internship is overall pretty maths- and coding- heavy, and has been very rewarding from that aspect in that I’ve come a long way in understanding the practical application of both. While there are a host of departments to choose from, the macroeconomic office is definitely the most maths-oriented, while offices like the social politics coordination is more research-intensive. I’ve had such a positive experience so far, and will be very sad to leave come end of July.

Mikael Scaramucci '21

Santiago, Chile