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This summer, Michael Pellegrini ’22 is skipping the pool and jumping instead into the world of finance and investments as a client services intern with leading global investment manager MFS Investment Management.
The opportunity came courtesy of alumna . As Vice President and Manager for Distribution Administration at MFS, she’s eager to recruit more Õý°ÄÃÅÁùºÏ²Ê¹ÙÍø students and alumni to the asset management company. She has connected with the Center for Career Development to create a direct pipeline of opportunities for students.
“Professor Ishani Tewari recommended that I apply for it, and after researching MFS, I knew it was an amazing opportunity,” says Pellegrini. “MFS is the first company to create a mutual fund in the U.S., dating back to 1924. I was lucky enough to get an interview with the company, and I was told in November that I secured a position as a client services intern.”
Though the internship started remotely in June, Pellegrini has plans to begin working in the corporate office in the Prudential Center starting this month.
“So far, MFS has done a great job welcoming me to the company and introducing me to many different financial topics,” he says. “My day-to-day consists of assisting my manager through different tasks such as daily reminders, document approval submissions, and updating and editing microsites, among other things. In addition, MFS has created projects where interns work together or alongside full-time employees to improve certain aspects of the business.”
The accounting major is capitalizing on the newly established finance minor to gain expanded knowledge and skill development in financial modeling, capital budgeting and forecasting, and investments. “With the new finance minor, it has been great to see what we’ve studied in school being used every day at my internship. I found the transition from being a full-time student to an intern to be very manageable because of the curriculum at Õý°ÄÃÅÁùºÏ²Ê¹ÙÍø. Also, the small class sizes allow us to present, ask questions, and get the best hands-on learning experience.”
More than anything, Pellegrini believes the summer internship will help him make a splash early in his career. “The connections I make as an intern can accelerate and open doors after I graduate. I now understand what it takes to work in the real world.”