Jack Stamets is a Finance major who interned with American Realty Capital in Phoenix, AZ prior to joining the Fall 2014 Cohort!
How did you land the opportunity to intern for American Realty Capital?
I initially reached out to an executive with the company, who is a friend of my parents. After expressing my interest to intern with the company, I was put in contact with their H/R department about a month later. I had a phone interview with them and set up a formal interview at their office in Phoenix. The interview process consisted of 3 30-minute interviews where I met with 6 different people consisting of analysts, managers, and even the CFO of ARCP.
What are your responsibilities as a Financial Analysis Intern?
As an intern in the Financial Analysis and Planning department, my main responsibility was assisting the senior analysts in the forecasting process for all of ARCP’s different REIT funds. I uploaded newly acquired properties into Argus Enterprise Software database on a daily basis and analyzed all property data necessary to make an accurate forecast. I also assisted in the quarterly plan reports that would be distributed to the company’s executives.
What have you learned from your internship and how do you think your internship has prepared you for Eller?
American Realty Capital is an extremely fast-paced, professional work environment, so I think being exposed to that this summer has definitely helped prepare me for my first semester of Eller. I also learned the importance of communication skills and efficiently managing my time when working various projects throughout the course of my internship.