An Inspired Internship at AA&P
The investment banking career is very competitive. It literally is a dream career for many people in financial programs. I am one of those who had the opportunity to intern in an investment banking career. This internship is not an easy task for interns to adjust to, considering gaining many new experiences such as applying knowledge from the classroom to work and gaining knowledge that does not teach in school.
In addition, what I learned from my 4-month internship was the audit and reviewing of the company information I would invest in, so-called Due Diligence. This process deals with collections of internal company information and comparing them with the financial statements. It’s base on various tax reporting documents of the invested company. It aims to verify information that has been reviewed by the manager and consider the accuracy of financial information.
Due Diligence should base on the documents, executive interviews, business plans, financial information, and commercial contracts. Investment bankers must analyze all the information carefully to reduce or control the risk of operational errors.