Daniel Mellsop
Bachelor of Arts, Master of Business
Nathan Carrasco has turned his passion for economics and finance into a purpose-driven career in banking, supporting Kiwi business owners to grow and thrive.
Partner - Business at Bank of New Zealand
Matamata, Waikato
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When Nathan Carrasco reflects on his study journey at Waikato, he says the mix of academic excellence and practical learning laid the foundation for a career thats both challenging and rewarding.
A passionate environmentalist, Nathan initially planned to study environmental science or medicine, but he decided to enrol for a Bachelor of Management Studies with Honours degree (now called the Bachelor of Business with Honours) instead after hearing Waikatos economics lecturers at Open Day.
I could see how passionate they were about their subject, so it inspired me to go down that business and management pathway instead, he says.
Ive always been interested in understanding different schools of thought on various issues, so majoring in Economics and Finance has allowed me to focus on the critical thinking side of things.
Originally from Goa, India, Nathans family emigrated to Gisborne, New Zealand when he was two years old, and their support has been a huge motivation for him. My parents sacrificed a lot to give us opportunities here, so Ive always wanted to make them proud.
A recipient of Waikatos prestigious $25,000 Te Paewai o Te Rangi Scholarship, Nathan says the smaller, friendly campus at Waikato made it easy to connect with lecturers and classmates.
Once the scholarship came through, it was quite hard to turn down! The friendships Ive made, the business opportunities Ive been given; its something I never expected.
With his keen brain for numbers, one of Nathans favourite papers was ECONS205 Data Analytics with Business Applications.
Its a wonderful paper that sets Waikato graduates apart from other universities. It teaches you how to see relationships between data and helps people make data-driven conclusions.
He also enjoyed another paper focused on using Microsoft Power BI to visualise data and provide fresh insights that drive business decision-making.
During his studies, Nathan joined a team of Waikato finance students competing in the , which provides real-world experience in financial analysis of stocks.
Our team didnt win the competition, but I was super happy with the training and mentorship we received, applying those theoretical skills in a practical environment.
He was then invited to do a summer internship at the Commerce Commission in Wellington, which gave him further insight into economic policy aimed at bettering peoples lives.
It was a really cool experience living in Wellington for four months and learning what it was like to be an economist in the public sector. I had a lot of fresh ideas, so they got me to build pricing models for the electricity sector.
Nathan got a real buzz when his team was selected for the finals of the Waikato Management School Case Competition, which is part of the capstone paper MNGMGT321 Applied Business Strategy.
It was absolutely phenomenal. Youre asked to develop a business growth strategy for a real New Zealand company, so you have to analyse competitors in the same industry, have an understanding of costs, and think about how your strategy would work in practice.
Its quite a daunting thing, but you learn how to work in a team under pressure and present to judges we all took away some amazing skills from that challenge.
Towards the end of his degree, Nathan was selected for BNZs graduate programme, working with local business owners in Matamata to help them thrive, and hes since been promoted several times.
Its incredibly fulfilling to work alongside passionate businesspeople, he says. Every client has a story, and I enjoy being part of their success by helping them make smart financial decisions.
Qualification(s)
Subject(s)
Scholarship(s)
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