Summer Intern Responsibilities
What types of tasks/summer projects do you have your summer interns work on? Beyond some support on the modeling front (rent comps, rent roll/T12). Small shop, so not super strucutred and don't want to waste anyone's time with some summer long case study and presentation like they do at the larger companies. Any tips, suggestions are welcome.
what type of firm? Equity? Debt? AM?
Equity. Looks like you're an intern, what are they having you do
Yea, recently interned at a debt fund. Was spending my day with:
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Reviewing rent roll, financials, market research
create committee memoranda
originated
We have our intern shredding documents.
same, that plus the usual (make copies, grab coffee, etc.). Looking to fill a 40hr work week tho
Sorry that was more of a joke (but we did have them shredding for a day or two), we have some student housing properties so we have them calling our properties and the comps as secret shops, our AM team has them updating unit/account codes in Yardi and updating CapEx and loan trackers.
We are going to have them do a rotation between teams. Unless specifically hired to jump from College to employee after graduation. They'll do everything from data scrubbing, to working on rent rolls, to fixing financial models.
When you say fixing financial models?
Well back checking every time we make a formatting or formulaic change. Making sure the precedents and dependents are flowing correctly, more of a way for them to understand the different workbooks and the formulas used to create the ask.
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