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NO BUBBLY GAIN, NO PAIN, NO TARP - School of Business ...

NO BUBBLY GAIN, NO PAIN, NO TARP - School of Business ...

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FINANCE STUDENTS<br />

LAND INTERNSHIPS IN<br />

A TOUGH ECO<strong>NO</strong>MY<br />

By Laura Wolfe<br />

Despite the difficult economic times the country faces,<br />

<strong>School</strong> <strong>of</strong> <strong>Business</strong> Finance students continue to find<br />

relevant internships in 2009.<br />

“KU Finance students continue to successfully<br />

compete with top national talent,” said<br />

Director <strong>of</strong> <strong>Business</strong> Career Services, Jennifer<br />

Jordan. “Prospective employers are impressed with the motivation,<br />

resourcefulness, work ethic and knowledge <strong>of</strong> finance that KU students<br />

and graduates exhibit. Finance pr<strong>of</strong>essionals, whether KU or not, have<br />

come to appreciate how talented our students are.”<br />

RACHEl BERRy (top left), senior and<br />

Finance major from Abilene, Kansas,<br />

worked as an intern for Koch Industries in<br />

Wichita. After attending a Koch Industries<br />

social event following the <strong>School</strong> <strong>of</strong> <strong>Business</strong><br />

Career Fair, Berry decided she wanted to<br />

work for Koch. She worked in Koch Supply<br />

and Trading in the credit division.<br />

Senior JASON CuRRAN (top right)<br />

from Salina, Kansas, interned for Paragon<br />

Capital Management in Kansas City. Curran<br />

learned about the opportunity through the<br />

Finance Scholars Program, where he was<br />

put in contact with KU <strong>School</strong> <strong>of</strong> <strong>Business</strong><br />

alumnus Craig Novorr. His internship<br />

consisted <strong>of</strong> equity research, which primarily<br />

involves updating Paragon’s research<br />

reports on covered stocks and trying to find<br />

potential new investments for the company.<br />

STEpHEN FESSlER (2nd row left),<br />

senior from Lee’s Summit, Missouri, had an<br />

internship with Five Elms Capital in Kansas<br />

City, an investment firm run by KU alumnus<br />

Fred Coulson with an investment team<br />

staffed by a small group <strong>of</strong> KU <strong>School</strong> <strong>of</strong><br />

<strong>Business</strong> graduates. Fessler did analytical<br />

work with an emphasis on due diligence for<br />

prospective investments. Fessler contacted<br />

employees at Five Elms Capital in the<br />

summer before his junior year and accepted<br />

the internship last October.<br />

BAilEy GRAy (2nd row middle),<br />

Accounting and Finance senior from Fort<br />

Scott, Kansas, worked as a Commercial<br />

Analyst Intern for BOK Financial in Kansas<br />

City. She heard about the opportunity<br />

through the <strong>Business</strong> Career Services<br />

Center. As an intern, Gray worked in<br />

commercial banking, completing loan<br />

analyses and company valuations.<br />

NiCK HOlmES (not pictured), secondyear<br />

MBA student from Olathe, Kansas,<br />

had an internship with Tortoise Capital<br />

Advisors working on the portfolio team.<br />

Tortoise is an energy finance firm in<br />

Overland Park, Kansas. Holmes discovered<br />

the opportunity through the Finance<br />

Program in the <strong>School</strong> <strong>of</strong> <strong>Business</strong>.<br />

SHAwN JuNG (2nd row right) and<br />

SpENCER SAmmS (3rd row left), seniors<br />

in Finance, worked as Macro-Economics<br />

Research Interns for Bank <strong>of</strong> America<br />

Merrill Lynch in New York. Samms, from<br />

Dallas, and Jung, from Lansing, Kansas,<br />

discovered the opportunity through the<br />

<strong>Business</strong> Career Services Center.<br />

RACHEl SANNER (3rd row right),<br />

Lawrence Finance and Accounting major<br />

with concentration in Latin American<br />

Studies, interned for Koch Industries in<br />

Wichita, Kansas. Sanner interned in Koch’s<br />

Equity Development<br />

<strong>Business</strong> Group as<br />

a Finance Intern.<br />

She heard about<br />

the opportunity<br />

through the KU<br />

Finance Club.<br />

ROBERT SpANGlER (bottom), senior<br />

from Leawood, Kansas, worked as an<br />

intern for Haakon Capital in Kansas City.<br />

He learned <strong>of</strong> the opportunity through<br />

another <strong>School</strong> <strong>of</strong> <strong>Business</strong> Finance<br />

student. Spangler’s internship consisted<br />

<strong>of</strong> conducting market research, creating<br />

financial models, editing and writing<br />

business proposal books and working on<br />

the marketing <strong>of</strong> currently held companies.<br />

“Our students are still getting solid<br />

internships even in the tough economy,”<br />

said Doug Houston, Director <strong>of</strong> Finance,<br />

Economics, and Decision Sciences at the<br />

<strong>School</strong> <strong>of</strong> <strong>Business</strong>. “How do we set our<br />

students apart? We select a motivated<br />

and capable group <strong>of</strong> students who are<br />

taught by a very motivated, capable set <strong>of</strong><br />

finance pr<strong>of</strong>essors.”<br />

05

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