Juniors: Current Internship Opportunities (access these on Career Manager)

Artisan Partners

               Corporate Accounting Intern        App deadline 9/27

Baird

               Investment Banking Analyst Intern             App deadline 10/14

              

               Internship - Finance Operations - Operations Risk                App deadline 9/18

               (Job ID #s: 57122 and 57166)

              

Heartland

               Research Intern App Deadline: 12/1

Lazard
               Investment Banking Summer Analyst         App Deadline 11/29; Interview 12/9

Introducing the new AIM Program Coordinator, Jessica Hoerres

We are very pleased to welcome Jessica Hoerres (pronounced ‘Harris’) as our new Program Coordinator for AIM!  Jessica’s first day was Tuesday, September 8^th and her office is located on the 4^thfloor - the new office adjacent to the AIM room. 

Jessica joins us from Professional Meetings Management Company where she was an Strategic Account Manager and Program Manager highlighting the Strategic Meetings Management Program (SMMP).  She brings a wealth of knowledge and experience to the position.

Jessica attended Missouri State University where she received a scholarship to play for their Division I Volleyball team and received numerous athletic awards including All-American and All-Conference. She received the prestigious Freshman Speaker of the Year award for her public speaking skills.

Her personal interests include volunteering for the American Cancer Society; coaching competitive youth and high school sports; and enjoying her family. She is an excellent addition to the AIM program.

It should be noted that we want to extend Lee Hovorka, the long-time AIM program coordinator, our best wishes as she has moved onward and upward at Marquette. She is now the assistant to the Dean of the College of Communications. I know that Lee and Jessica are already communicating and that the transition is going to go smoothly. 

Phone: 414-288-8024

Email: Jessica.Hoerres@Marquette.edu

Two Sets of AIM Equity Pitches During Week of September 7th

Dan Riley pitching Skullcandy (SKUL) 

The fall semester for Marquette students in the AIM program is off to a fast start.

The students in the AIM Class of 2017 were busy this week as there two separate sets of equity pitches. On 9/9, three stocks were pitched in the AIM Room (these were videoed and will be posted soon on the AIM website). And they on 9/11, five stock presentations were delivered at Baird by seniors in the AIM program (see article in AIM Blog about the AIM program’s annual field trip to Baird).  

The list below includes the student presenters and the companies they pitched. Complete write-ups can be found on the AIM website at: http://business.marquette.edu/centers-and-programs/aimp-student-equity-write-ups.

AIM Investment Banking / Private Equity Open House (with attachment to presentation material)

On Tuesday, September 8, 2015 an open house for the Investment Banking/Private Equity track was held in the AIM Room was held.

Dr. David Krause, AIM program director, and Mr. Jeff Germanotta, Adjunct Instructor of Finance, provided an overview of the IB/PE track. Mr. Germanotta teaches the Investment Banking course. Two current AIM seniors, Joanne Wycklendt and Paul Tran, also assisted in the presentation.

They discussed the opportunities within the industry and provided information about the various elements of the IB/PE track. Discussion also focused on the team structure and what a ‘day in the life of an analyst’ is like. The typical investment banking structure and model were also presented and Mr. Germanatto and Dr. Krause answered questions from the students in attendance. They also provided an overview of private equity.

Joanne and Paul talked about their summer internship experiences in investment banking and were available to help answer questions and meet with the students individually afterwards. They also talked about the National Investment Banking Competition (NIBC) where students are given a case study and asked to create a pitch book. Marquette will again be participating in the event which enables students to gain valuable experience in valuation - including DCF, LBO, precedent transactions, comparable companies, and accretion/dilution models. Last year’s team had an opportunity to pitch their case at the national convention in Vancouver in front a group of bankers from many of the top investment banks.

 As promised, here is the link to the slide presentation:  http://business.marquette.edu/Content/Uploads/AIM/Applied_Investment_Management_IBPE_Track_Open_House_9_8_15.pdf

AIM Open House (with attachment to presentation material)

Marquette University's Applied Investment Management (AIM) program - Open House

On Friday, September 4, 2015 an open house in the AIM Room was held. The turnout was outstanding despite the fact that several students had athletic and other commitments and were unable to attend.

Dr. Krause provided an overview of the AIM program. He also discussed the application process – and Katherine Atkinson (College of Business Career Services office) spoke about resume preparation and how students can best utilize Career Manager for internship and job searches. They then answered questions from the students about the AIM program and application process.

Several current members of the AIM Class of 2016 were in attendance to help answer questions and meet with the students individually afterwards.

As promised, here is the link to the slide presentation:  http://business.marquette.edu/content/uploads/AIM/AIMInformation9-15.pdf 

AIM program adds experienced adjuncts to support curriculum

The AIM program continues to add important players to the team:

·        Dr. David Krause, AIM program director teaches: Introduction to AIM, Equity Valuation, Fixed Income Securities, Portfolio Management, Alternative Investments, and Private Equity and Ethics.

·        Mr. Bill Walker teaches Investments and International Finance.

·        Mr. Chris Merker teaches Investment Ethics/

·        Mr. Jeff Germanatto teaches Investment Banking and Private Equity.

·        Mr. Michael Wagner teaches Entrepreneurial Finance and  Alternative Investments)

·        Mr. Scott Hawig teaches Advanced Financial Modeling.

·        Ms. Jessica Hoerres will become the new AIM Program Coordinator.

Dr. Krause said, “We have the people in place to support the AIM program from both an administrative and instructional standpoint. This group has more than 100 years of combined experience in industry and academia – and all are committed to maintaining AIM one of the very best applied finance programs.”

Bob Organ visited the AIM Class of 2016 and talked about 'disruptive innovation'

Bob Organ, Director, Northwestern Mutual Capital, (Marquette University alumnus) gave a lecture in the AIM program on “Digitialization and its Disruptive Potential” during class on September 2, 2015.  He talked about how digitalization is increasing at an exponential pace and is creating a path for disruptive innovations (e.g. Uber, Telsa). Mr. Organ also presented a fundamental framework for understanding this phenomenon and some of the potential effects on consumers and businesses. He noted that disruptive innovation helps create new markets and eventually disrupts an existing market - displacing earlier technologies.

After hearing the lecture the students are required to scour various sources of information (i.e. Bloomberg, FactSet, Wall Street Journal Business and Technology, The Economist, etc.) to find stories about a business or technology that they see as having a future ‘disruptive potential’ impact on their industry sector. Here are some examples of disruptive technologies that were discussed both during and after Mr. Organ’s visit:

·       Robots and Drones

·       Crowdsourcing

·       Outer-Space/Asteroid Mining

·       Hybrid Electricity Generation and Storage

·       Big Data

·       Machine Learning (Artificial Intelligence)

·       Virtual Reality

·       Digital Currency

·       Internet of Things

·       Genetic Engineering / Cloning

 

2105 AIM alumnus, Mike Stankovsky, Analyst at Northwestern Mutual Capital, also visited with the AIM students. He talked about his experiences at NMC and career track opportunities in the area of private equity.  

Dr. Krause, AIM Director, commented on the lecture, “This was a great way to start the semester since Bob and Mike talked about the implications of disruptive innovation from the perspective of the financial analyst. They gave the students ideas about how to identify which businesses and industries that are most susceptible to disruptive moments; how potentially disruptive technologies can be valued; how to evaluate the disrupted businesses; and how to avoid missing the key inflation points.”

 

AIM Open House (Investment Banking / Private Equity) 9/8/15 3:30 AIM Room