Jewel Brundrett is a double major in Finance and Entrepreneurship and will graduate in May of 2019. She interned this summer for Barclays in their Sales and Trading department in New York City, New York.
How did you get this internship? I received this internship through networking. I started networking about 6 months before interview season in order to form strong relationships. Additionally, Wall Street Scholars helped strengthen my knowledge by presenting stock/bond pitches and weekly market talk.
What was a typical day like? Everyday I would get in at 5:30am and start writing my morning note (basically covered what happened over night in the financial markets around the world, etc.). After, I would attend the morning meeting at 7:30 and then start shadowing sales people and traders. Sometimes I would go to client meetings or work on mini tasks, which ranged from research based tasks to trading games and excel projects. After the market closed, I would write an end of the day note and start working on my desk projects. Typically I would leave around 7pm.
What was your favorite part of the experience? I have a lot of favorite parts, but if I were to pick just one I would pick the relationships I built. I made so many contacts that I ended up being very close with, which each person played an integral role into my development and success.
If you worked on a big project, please describe it below: One large project that I worked on was a cross-asset analysis on General Electric. GE is a very complex company, which made this the most challenging project. I met with equity traders, credit traders, and research analysts. In the end, I created a 1-pager analysis of what is happening with GE, what the credit/equity side is thinking, other investors on the street, and also my view. In the end, I did a presentation, which resulted in my team inviting me to an investor lunch regarding GE. Pretty amazing experience and very rewarding.
What did you find most challenging about your internship? One of the most challenging things is always staying on your game at all times. The internship is essentially a 10 week interview and you always need to make the best impression for everyone. The days are long and stressful filled with curve balls, so I would say it can be challenging to always be “on.”
What advice do you have for other students looking for a similar internship? My advice is to hustle, never give up, and be tough. Its hard to get an offer with the first person you talk to or after the first interview. You must be able to continue moving forward even if things don’t go your way while looking for the internship or during it. If you’re able to keep your grind going even during tough circumstances, you will be successful.
How did Eller prepare you for your internship? Wall Street Scholars helped prepare me most for my internship. The program helped me learn more about the financial markets as well as teach me best practices on how to have a successful internship. The mentorship in WSSP is fantastic and is why I am in the position I am in today.
Did your internship employer provide housing or transportation assistance? My employer provided transportation or financially supplemented my transportation during the internship as well as assistance for housing.