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