Review these "Day in the Life of...," then take a look
at
What kind of experiences
you might have on the internship, with diaries from the following students:
A Week in the Life of an MBA student on
an internship:
Ece
Bennett
Internship with: ABN AMRO, Chicago, Illinois
Week
1 Week 2 Week 3 Week
4 Week 5
Week 6 Week 7 Week 8
Week 9 Week 10
Week
1 (Posted
on June 19, 2000)
I can't
believe that my first week at ABN Amro Power and Infrastructure Group
is already over. The people at the bank are very nice and friendly and
I feel like I am part of the group. Also, it feels nice to be back in
an office environment after being a student for almost a year. My first
days were busy with reading a lot of material about the group and the
power and infrastructure industry and their clients. I have also worked
on a presentation to be used for internal marketing purposes, I will be
finalizing the presentation in the next three weeks. It is very helpful
for me to learn more about the group's strategies, performance, and targets
for the new millennium. I am also assigned to a project to finance three
power plants in Turkey. I will be able to use my Turkish and local expertise.
It seems like I will have a busy and productive summer.
Week
2 (Posted
on June 27, 2000)
Days have started to go faster, which is a good sign.
That means I am getting used to my new environment. I am still working
on the presentation and I plan to finish it next week. The presentation
is for internal marketing purposes and will be presented at the bank's
headquarters in Amsterdam. ABN AMRO was originally founded as a Dutch
bank but now has operations all over the world. It is currently the sixth
largest bank in the world and the third largest in Europe. It's North
American headquarters are located in Chicago and they own LaSalle bank,
which is one of the largest banks in the U.S. Everyday I am learning something
new at work and my responsibilities are increasing.
Apart from work I
am enjoying my first summer in Chicago. The city is very pretty with the
lake, parks, flowers and street festivals. There is almost something new
to do everyday. Also, the international students who do their internships
in the U.S. met for lunch this week and exchanged our work experiences.
It was short but sweet, and we decided to do it more often.
Week
3 (Posted
on July 5, 2000)
I finished the presentation this week and my boss liked
it very much. I have been assigned to a new project to determine how much
exposure the Power & Infrastructure Group has with its clients. We celebrated
the birthday of a member of the group. It was nice to socialize with my
colleagues and also to have a little fun. This coming Tuesday is the 4th
of July which is a national holiday. I took Monday off to have a four
day long holiday and to enjoy the summer more. I am looking forward to
that!
Week
4 (Posted
on July 13, 2000)
This week passed quickly as I only worked from Wednesday
to Friday. The short workweek was due to the Fourth of July holiday, celebrated
on Tuesday (I also took Monday off). I mainly worked on my new project
for these three days. It was nice to have a little break. I was able to
take a short trip outside of Chicago for the weekend to visit a small
lake in Wisconsin. On Monday, I had friends from Istanbul stay overnight
on their way to visit Orlando, Florida. Even though it was a short visit
we were able to get in a lot of sightseeing, including a boat tour of
the Chicago River and a quick stop at the "Taste of Chicago" festival.
They loved Chicago! The fireworks on Tuesday evening were also spectacular.
Even though fireworks are illegal to possess in Illinois, many Chicagoans
celebrated the 4th of July with fireworks late into the evening and early
morning. I am looking forward to a full week of work and I expect to be
very busy with new projects.
Week
5 (Posted
on July 17, 2000)
This week I worked very hard on my new project and finished
my part. Now I need to go over the numbers with all the relationship managers
to double-check the figures. My plan is to finalize my report by the end
of next week. Also, I helped update valuations for a project. The first
half of my internship has finished. The days go so fast!
I attended a seminar
on B2B E-Commerce as part of the "Summer Intern Program." The goal of
this program is to expose interns to the bank as much as possible. In
this respect, the Human Resources Department wants interns to gain exposure
in several areas of ABN Amro and LaSalle Bank in addition to working in
individual departments. Executives from throughout the bank give presentations
to share their perspectives with the interns every Wednesday. The presentations
originally started on June 14, but I could not attend the first four sessions
due to my workload. The B2B E-Commerce presentation was very interesting,
pointing out the potential of the B2B side of e-commerce as well as emphasizing
the opportunities for banks in this area. ABN Amro is very committed to
e-commerce and has allocated around $1.6 billion to develop and improve
its e-commerce activities. These seminars are also nice as they allow
me to meet and socialize with the other interns on a weekly basis. I will
try to attend the coming presentations during the remainder of my internship.
The weather was very
nice over the weekend. We made a visit to my in-laws who have a house
on a small lake in Wisconsin. It was so much fun to be on the lake and
enjoy the weather. Swimming in fresh water is very difficult compared
to swimming in salt water. You really need to try hard to stay afloat.
I was spoiled swimming in the salty Mediterranean Sea in Turkey.
Week
6 (Posted
on August 1, 2000)
This week went by very fast. I started a new project that
involves the income generated by the Power and Infrastructure Group's
client base. My job is to make sure all the income is accounted for since
the Group offers a wide variety of products through ABN AMRO's network.
I also attended the weekly seminar for interns on Wednesday, which was
about the Finance Group of the bank.
The speaker was a
former Andersen Consulting employee who is now helping to improve the
efficiency of the bank. This Thursday I went to the Shedd Aquarium for
a jazz concert. It was so nice to be amongst exotic fish of all different
species and to enjoy the wonderful view at the bar where live music was
playing. It reminded me of one of the popular bars along the Bosphorus
with its breathtaking view. We used to go there after work with friends
and enjoy the view with the rhythms of the popular songs of the summer.
Prior to the concert we visited the exhibitions which were all very interesting.
Among them, the sea horse section was unbelievable, so many weird looking
sea horses that look like they just jumped out from a science fiction
movie. I definitely recommend seeing it.
The main attraction
of the weekend was the Sheffield Garden Walk. It is a street festival
where residents of the neighborhood open their gardens for visitors. There
were many creative gardens built into very little spaces. There was also
food, drinks and live music. What else do you need on a nice summer day!
Week
7 (Posted
on August 1, 2000)
This week I attended the last of the weekly intern seminars,
which was about sales and trading. The speaker was a recent graduate who
loves what she is doing in her current position. She drew an interesting
picture of the trading floor and the traders, pointing out the constant
yelling and chaos. Definitely not the job for me! I finished the project
assigned to me last week. My speed at Excel pays off. I will present the
results during our departmental meeting next Monday. Every Monday we have
department meetings where everyone talks about the projects they work
on. These meetings are very helpful for me to understand what is going
on in the department.
This Saturday I went
to a Chicago Cubs baseball game. The Cubs are one of the two baseball
teams in Chicago but they are certainly the most popular team. Even though
they lose most of the time, Wrigley Field is always full. It is not only
a sporting event but a social one. You can go there, drink, eat and chat
with your friends and not even know the score. It works perfect for me
since I don't know any of the rules except that you need to hit the ball.
Apart from the Cubs game my weekend was very productive with shopping
and cleaning and also with lots of fun.
Week
8 (Posted
on August 14, 2000)
I presented the results of my report this Monday during
the regular weekly meeting. Everybody said that I did a great job! This
week I updated the "pitchbook" the group uses to bid for deals. The pitchbook
is a marketing presentation that highlights the strengths and the experience
of the members of the group. I was happy to use my marketing skills.
The weekend was a
blast. We spent time with our two nephews and niece. It is amazing how
mature the kids are these days, but still they love playing games. We
paid the price of keeping up with them, as we were sore for the next couple
of days!
Week
9 (Posted
on August 14, 2000)
This week I was assigned to a project to make a risk analysis
of the largest utility company in the world. The company expands rapidly
and has more than 100 projects all around the world. My task is to explain
each of these projects and to project their cash flows to the parent company.
This weekend we
had friends over for dinner. I presented my cooking skills with a couple
of traditional Turkish dishes. I definitely passed the test but I cooked
a little bit too much so it looks like we know what we will be having
this week for dinner!
Week
10 (Posted
on September 5, 2000)
I can't believe that my internship is finished. My last
week was very busy since I tried to tie up all the loose ends. I was able
to finish the risk analysis report and made the final changes to the other
projects I had worked on during my internship. My colleagues took me to
lunch on both Thursday and Friday and we went out to happy hour after
work on Thursday. We were joking that every week should have been my last
so that we could have all these farewell celebrations each week!
We went to a Duran
Duran concert on Friday night. Duran Duran was very popular during the
80s when I was a teenager. The concert was too much fun and it brought
back many old memories. I don't need to mention that the average age at
the concert was 30!
All in all my summer
has been very productive and full of fun. I met a lot of nice people at
ABN AMRO, experienced the competitive banking environment, and learned
different ways of doing business in the banking sector.

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