Success story: Credit Suisse chooses Michael Sutton for internship
Accounting , Areas of Study , Finance Success Stories | Mar 29, 2012 | Nicole Gesualdo
Michael Sutton (GSB ’13), a public accounting major with a concentration in finance — who also will be among the first Gabelli students to graduate with the new value investing specialization — has accepted an internship in the equity sales and trading division of Credit Suisse. Congratulations!
Sales and trading has been Mike’s objective for a while now. He first learned about the internship opportunity at Credit Suisse when Fordham alumni who work there came to speak to a Finance Scholars meeting. For Mike, Credit Suisse stood out because of its global character: The program he was chosen for is comprised of students from all over the world who come to New York to train.
Mike will do a three-desk rotation in equities and hopes that derivatives and financial services will be among them. “Derivatives are increasingly playing a larger role in the market as a whole, and investors definitely are looking to use more alternative vehicles to protect and strengthen their portfolios,” he explained. And financial services is an area in which he has history — including a role on the Student Managed Investment Fund and past experience as an intern with Keefe, Bruyette, & Woods, a boutique investment bank that specializes in the financial services sector and provides banks with investment banking services.
“I find the current market environment fascinating for financial services, given all the regulation and uncertainty in the field,” Mike said. “It’s constantly changing, and a rotation on that desk would allow me to have a bird’s-eye view of all the pricing adjustments taking place on a daily basis.”
Mike will see familiar Fordham faces as he begins his internship — and that’s something he’s looking forward to.
“I had two other offers with different firms, and Credit Suisse really won me over because of the quality of their employees, specifically our alumni there,” Mike said. “They are very down-to-Earth and genuinely care about your development as a person, but at the same time you know they’re going to push you beyond your limit to see how well you can perform under pressure.”
We have every reason to believe that Mike will perform amazingly well. All of us at Gabelli wish him the best for a great summer.