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In the midst of a failing economy, I felt very fortunate to have had the opportunity to work at UBS this past summer. When I interviewed with Daniel Kilmurray, I was anxious since competition is fierce for such internships. I knew that if I was lucky enough to get the job, it would be the experience of a lifetime.
Two months and a million forms later, I started at the UBS office located in the MetLife Building in midtown Manhattan. From the moment I entered, I was greeted by friendly faces and welcoming smiles. The hustle-and-bustle finance world I had imagined was quickly replaced by a neat, pleasant office filled with the quiet chatter of employees and clicking of keys. I quickly adjusted to the office life, though the hour commute from Staten Island turned out to be a challenge.
At our morning meetings, analysts and others would discuss potentially profitable new investments and provide their recommendations for buying or selling certain stocks. Though some portions of the meeting were over the interns’ heads, we all agreed that they gave invaluable insight into this new world we were entering.
I would spend most of my day working on my research reports. My assignment for the summer was to research several companies and make a recommendation at the end of the summer to buy or sell the stock. I spent whole days in and out of stores researching how the company’s products were selling, how consumers were reacting to the product, and if there was any news about upcoming products. I carefully recorded anything I was able to find out and compiled my data. Using this research and the quarterly filings of the companies, I was able to approximate how the stock would perform over the coming months.
I enjoyed the work I did because I knew it would be useful for Mr. Kilmurray and the rest of his staff. I was able to approach the stock market from a different point of view and draw conclusions from my research. This opportunity not only exposed me to the world of finance, it also helped me to network and connect with people in all different fields. I worked with so many wonderful people who had so much advice to offer about possible career paths and how to approach my upcoming job search. I learned so many valuable things about the finance world and gained so many beneficial contacts in all industries that I truly feel this internship will help to shape my career and, consequently, the rest of my life.