Lauren Cole is an Accounting major and will graduate in December of 2018. She interned this summer for Ernst & Young as the Assurance Intern in San Diego, California.
How did you get this internship? I applied for EY’s Emerging Leaders Program in the spring of 2017, which is a program for students interested in potential employment with EY. I participated in the program last summer and following the program, I was offered an internship for the summer of 2018.
What was a typical day like? It’s difficult to describe a typical day considering each day was very different. Throughout the summer, I was able to work on four different engagements which was great because I got to experience several different clients and teams. Once at the client site, the senior manager of the engagement would give me tasks to complete throughout the day. I worked on all types of things like 8-K filings, financial statement tie-outs, control forms, flowcharts, etc. The engagement teams usually worked in team rooms at the client site, so there was always EY staff around me to help me when I had trouble with my tasks.
What was your favorite part of the experience? My favorite part of the experience was building relationships with the EY professionals and interns. Although I rarely had the chance to work with the interns, we had several events and happy hours where I got to know everyone really well. Also, EY sent all the interns to Disney World for a week-long conference which was truly a blast.
If you worked on a big project, please describe it below: The clients in San Diego are mostly small biotech companies so there weren’t huge accounts to work on. It was also during the slow time of the year, so there wasn’t an insane amount of work to do.
What did you find most challenging about your internship? It was challenging adjusting to the 9-5 lifestyle.
What advice do you have for other students looking for a similar internship? Definitely apply for the ELP program. Basically everyone who attends the program gets an internship offer which is awesome. Also, try to keep your grades up because EY really values academic success.
How did Eller prepare you for your internship? My financial accounting classes helped immensely by creating a solid framework of accounting principles that I faced everyday at work. The accounting information systems class actually helped prepare me the most since I did a lot of work with internal controls. Also, the Accounting Student Association guided me to apply for ELP at the right time and figure out my plan.
Did your internship employer provide housing or transportation assistance? No, my employer did not provide any housing or transportation assistance.