Wilmington Trust- M&T’s Accounting/Finance Intern: A Blue Hen Intern’s Snapshot

mandtMeet Mark: a University of Delaware junior studying both accounting and finance. Over the summer, Mark was hard at work interning for Wilmington Trust’s M&T Bank. His many responsibilities helped develop his professional resume and give him a jump start in the business world.

To learn more about Mark and what it’s like to be an M&T intern, read the interview we had with him below!

Want to be featured as one of our Blue Hen Intern Snapshots for a future blog post? Tweet us at @UDCareers or email Keri at kbetters@udel.edu with the email title: “UD Blog Interview”!

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What’s your major here at the University of Delaware?

I’m a double major in Accounting and Finance

Expected Year of Graduation:

2015

Where did you intern this summer?

Wilmington Trust’s M&T Bank

How did you hear about your internship? Explain the interview process, as well.

I reached out to M&T and inquired about any openings. I had a phone interview with several professionals. It went well enough that I didn’t have to come in for a face to face interview.

What were your responsibilities as an intern for M&T?

My responsibilities as an intern included: database management, financial statement analysis, bond confirmation, credit research, managing the Municipal Credit Surveillance Report Database for State General Obligation Bonds of specific exposures, assisting in the trading and confirmation of municipal bonds, Credit Research and Surveillance of Municipal Bonds (primarily concentrating on the State General Obligation and Healthcare Sectors), analyzing financial statements of municipalities and institutions issuing debt, and experience analyzing GAAP accounting financials, as well as, GASP financials and fund accounting.

Wow! You had a lot of responsibilities. What was your favorite thing about your internship?

My favorite thing about the internship was the exposure to a professional work environment where I had the opportunity to add value and grow at my own speed and desire.

That’s definitely a plus. As an accounting and finance double major, what are two things you can take away from your internship and apply to your classes here at the University of Delaware?

As an accounting major, I had an excellent exposure to GAAP financial statement analysis as well as database management. As a finance major, I enjoyed tangible bond trading, analysis, and bond structure experience.

What was something unexpected that happened during, or came out of, your internship experience?

I came in with an open mind, and that contributed to a mutually-beneficial internship.

Any words of wisdom for other students that may be interested in pursuing this or a similar internship?

I believe that my aggressive internship pursuit was effective. I constantly emailed firms and was rewarded for my enthusiasm.

Great advice. Any additional words of career wisdom that you would like to share?

I would encourage anyone seeking an internship to follow up interviews and email employers constantly.

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Keri Betters

Social Media Marketing Intern

University of Delaware Career Services Center

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