Graduate student Nick Savignano ’25 has always been the type of person to roll up his sleeves and help others, whether spearheading a new project at work or clearing debris after Hurricane Katrina.
When Savignano, a graduate student in the FinTech program, heard about a program that connects postgraduate business students with small- and medium-sized enterprises in the developing world, he was immediately interested.
He recently learned that he was accepted as a Fellow in the prestigious DHL GoTrade GBSN Fellowship Program and is waiting to learn what industry and country he will be paired with during the eight-month program, which begins in March. The Fellowship program, which is remote, will also give him the chance to engage with global experts, participate in workshops, and develop new skills and mentorship.
“Figuring out how to address problems and challenges and coming up with unique solutions is all very exciting for me. I’m going to give it my heart and soul,’’ he said. Savignano said he is looking forward to collaborating with people from another part of the world and the opportunity to work with another fellow.
Students from 45 Countries Competed for 61 Fellowships
The Fellowship program is highly competitive, said Natalie Timinskas, Coordinator of Students Programs at the Global Business School Network (GBSN). This year, the organization received almost 300 applications from master’s and Ph.D. candidates from 45 countries and 88 universities. Only 61 were accepted into the cohort.
“The caliber of candidates was exceptional, with applicants showcasing impressive passion and dedication to advancing management and entrepreneurship in emerging and developing markets,’’ she said.
The network cannot disclose the specific enterprises, as they are still finalizing agreements, but they are working with businesses from various industries, she said. Last year’s cohort worked on projects across diverse sectors, such as food and beverage, jewelry, textiles, e-commerce, crafts, and leather goods.
Creating, Improving and Shaking Things Up
Savignano earned his bachelor’s degree at Loyola University in 2018, with a finance major. He spent the next five years working in the mortgage industry in Maryland.
He chose to apply to the UConn FinTech program, at that time only the second in the nation, because he loved everything about finance, and was intrigued by new ways of receiving and processing payments. During his time at UConn, he has also worked with the entrepreneurship programs here to investigate an idea he has for creating his own company.
Savignano said he enjoys creating, improving processes, and shaking things up.
“The Fellowship will be an exciting resume builder and also a very unique story to share,’’ he said. “I think it will also be one of those ‘contagious’ things that many people will become interested in doing.’’
As he looks at his career growth, Savignano said he wants to be in a position to make strategic decisions.
“I came to UConn to learn that aspect of business, and I think I’ve been successful,’’ he said. “I’m happy to represent UConn through this and to spread the UConn name because this university has done so much for me.’’
John Wilson, Academic Director of FinTech program, said Savignano has been a standout student.
“We encourage all students to map their own academic journey. Nicholas has taken that encouragement to heart and taken advantage of every opportunity,’’ Wilson said. “This, along with his drive and dedication, makes him a solid selection for the Fellowship program and we are confident that he will represent UConn well.’’
Savignano said he feels fortunate that the FinTech program created an opportunity for him to attend ITC insurance innovation conference in Las Vegas last year, where he met industry veterans, tried brand-new products, learned about challenges of the insurance industry, and engaged with top executives.’’
Network Offers Host of Opportunities for Ambitious Students
Arminda Kamphausen, Director of Global & Sustainability Initiatives, said the School’s recent decision to become a member of the GBSN has provided both students and faculty with international opportunities that enrich educational experiences and research resources.
“This chance for Nick to use what he is learning in the FinTech program to work on an international team to support a small or medium enterprise is just one of many such opportunities,’’ she said.
“GBSN also gives our students opportunities to compete in an annual case competition, organizes thematic faculty working groups, such as Business and Human Rights, and offers monthly virtual events for sharing of member institution best practices,’’ Kamphausen said. “It also convenes an annual conference for substantive discussions on how business schools can continue to provide responsible training to their students and positive impact in the world.’’