Named Internship Profile Summary - Andrew (Honghe) Li (French)
Andrew (Honghe) Li ’15 graduated from Northside College
Preparatory High School in Chicago, IL as Student Body President
and the recipient of a National Merit Corporate Scholarship
sponsored by Motorola. In his senior year, he was the recipient of a
Bezos Family Foundation Scholarship, a seed fund which he used to
create an education summit in Chicago to discuss the role of tax
policy in state education inequity. Andrew interned with Senator
Michael F. Bennet (D-CO) after high school, working as a research
assistant in domestic economic policy and foreign affairs. During
this past December, he worked at the American Enterprise Institute as a financial policy
research intern under Peter J. Wallison and Emily Rapp. Andrew is currently majoring in
Economics at Dartmouth, where he serves as the Executive Submissions Editor on the
Dartmouth Law Journal, counsels freshmen as a First Year Mentor, and freelances for Paul A.
Coghlan & Associates, P.C.
Andrew was funded by the Rockefeller Center for a Spring 2013 Internship, with generous
support from the John French Memorial Internship Fund.
Executive Summary from Andrew’s final report:
During spring 2013 and the winter break of 2012, I worked at AEI under the Institute's Vice
President and Operations Manager for 18 weeks. My main responsibility was to create a pro
forma financial model that forecasts and accounts for $90 million of expenses and financing for
an internal Institute project spanning the next five
years. The most rewarding aspect of this project was
creating a financial tool that will remain relevant for
five years, one that improves the operations of a
leading public policy organization. In particular, AEI's
Vice President used the model's projections daily to
pitch the project to the Board of Trustees, negotiate
rates with our partners, and secure long-term financing
from multinational banks. Over the weeks, I also
prepared financial reports based on my model ahead of
[JOHN FRENCH MEMORIAL FUND PUBLIC POLICY INTERN PROFILE]
“My varied experiences in
modeling and research at AEI
have affirmed the diverse
applications of economics in
society and have made me even
more excited to build a
foundation of knowledge from
my Dartmouth coursework.”
meetings with our partners and banks and sat down with my supervisors at those meetings.
Aside from the primary model, I created secondary five-year models aimed to improve AEI's
multimillion-dollar food service operations and chart its ongoing capital campaign. These gave
me the opportunity to work closely with AEI's directors in Development, Conferences, Human
Resources, and Finance, from whom I've learned much about the professional world.
In financial policy, I worked with AEI Fellow Peter Wallison to research the history of subprime
lending and the economic impact of the Dodd-Frank Act. Since Mr. Wallison was a member of
the Congress-appointed Financial Crisis Inquiry Commission (FCIC), I summarized and organized
for him more than 350 pieces of research and testimonies used by the FCIC from 2009-2010.
My varied experiences in modeling and research at AEI have affirmed the diverse applications
of economics in society and have made me even more excited to build a foundation of
knowledge from my Dartmouth coursework. In the process, I've been grateful to work daily
alongside AEI's Vice-President, Operations Manager, and Senior Financial Manager, all of whom
have taught me best practices to succeed in business as well as industry-specific techniques for
financial modeling. These are skills that will remain relevant in any future pursuit, and I hope to
apply them towards research in business operations.
Through it all, what made this incredible experience possible for me was the generous support
of the Rockefeller Center and the John French Memorial Fund. My invigorating months in
Washington, D.C. would not have been possible without the financial support of these
organizations, and for that I am extremely grateful.
Andrew (right) at the Pentagon with AEI Internship Coordinator Caitlin Laverdiere (center)
and fellow intern Niklas Anzinger (left)