Each Fall, sophomores interested in careers in the investment industry may apply to be named Bermont/Carlin Scholars. The Scholars are selected based on academic performance, written and oral presentations, personal characteristics and experience.
Once selected, the Bermont/Carlin Scholars begin the program during the Spring with self-directed readings on current events and both new and classic books on the investment industry. In addition, each Scholar prepares an in-depth research report on a target bulge-bracket firm that offers summer internships in the New York City area.
During the spring term, the Scholars participate in:
A generous donation from the sponsors supports a three-day trip to New York City for the Bermont/Carlin Scholars in late May. The Scholars visit select investment, commercial and universal banks, as well as major non-financial corporations and important institutions such as the New York Stock Exchange.
A typical company visit includes one or more presentations on different aspects of the industry such as investment banking, equity research, private wealth management and institutional operations. The trip also includes meetings with college recruiters at each institution. As the program matures, more and more of these visits will be organized by former Bermont/Carlin Scholars and other University of Miami alumni working at the target firms.
After their return to campus, the Bermont/Carlin Scholars benefit from continued training and networking opportunities with both the local and national investment community as they navigate the internship application process. In addition, they begin to serve as mentors to the next group of Bermont/Carlin Scholars, helping to publicize the opportunity to sophomores, acting as advocates and counselors for other Miami Herbert Business School students who are interested in careers in the investments industry, and filling leadership roles in a variety of finance- and business-oriented student groups.
For additional information on the Bermont/Carlin Scholars program, please contact Brian Barrett (bbarrett@miami.edu) or Andrea Heuson (aheuson@miami.edu) in the Finance Department at the University of Miami.