Tanya Sarkisian is an Accounting major set to graduate in December 2019. This summer she interned for Northern Trust as an Investor Accounting Intern in Tempe, Arizona.
How did you get this internship?
I originally found out about this internship through handshake. I didn’t know a lot about Northern Trust, however, after doing some research on the company I found that it is a very big, successful, and trusted bank and corporation as a whole. I went through their application process and was thankfully chosen to take part in their internship program.
What was a typical day like?
A typical day at NT started by getting to work around 7:30 AM. From there I would check my emails to see if there were any important messages, new projects being assigned to me, or any new meetings that I needed to attend that day. After checking my email, I would usually continue working on one of my projects in Investor Accounting where I’d be performing and analyzing allocations for different hedge funds to calculate their management and incentive fees, and correctly allocate their PnL. If I was not working on a project at the time, I’d simply reach out to my team to see if they had anything they wanted me to work on, or I would ask various departments if I could shadow them so that really learn as much as I could about Hedge Fund Services at Northern Trust.
What was your favorite part of the experience?
My favorite part of my experience at Northern Trust would honestly be the fact that I learned so much, and that I met so many great people. Investor accounting was a whole other part of the accounting/finance industry that I had no idea about, so getting to learn about everything that goes into that was really interesting to me.
If you worked on a big project, please describe it below:
One of the biggest projects I worked on during this internship was about a month-long case challenge with 5 of the other interns. Our team had to come up with some recommendations for NT to have more actively engaged partners and improve job retentions rates. Our team conducted secondary research about job retention rates with current generations, as well as our own primary research by asking partners in various departments about what they like about NT and what things they needed to improve on. After compiling all our research are team presented our recommendations to a panel of judges as well as our senior managers and mentors.
What advice do you have for other students looking for a similar internship?
My advice for other students looking for a similar internship would be to just go for it! I honestly did not know a whole lot about what I was going to be doing at Northern Trust but I’m so happy I decided to apply and have that experience. Internships are all about learning more about a company, or a line of work, and its such a great way to get real-world working experience. It gives you the chance to see what you like and what you don’t like before having to fully commit to a full-time job.
How did Eller prepare you for your internship?
I think Eller did a great job of preparing me for this internship, especially when it came to teamwork and presentation skills. When the interns were assigned a case challenge, I was confident that I had the skills necessary to be able to work well with others, present, and complete the challenge successfully.
Did your internship employer provide housing or transportation assistance?
No, my employer did not provide any housing or transportation assistance.