Zarb Student Success Stories
Name: Andrew Marks
Hometown: Lynbrook, New York
Why did you come to the Zarb School?
After visiting Hofstra, I found out that there was an excellent student-faculty ratio, especially in the Zarb School of Business. I also knew that the business school had an outstanding alumni network in many Fortune 500 companies.
Internship Experience: Describe your internship experience at the Zarb School.
Over my four years at Hofstra, I interned at three distinct financial services companies. My sophomore summer, I was an investment analyst at a private equity firm in New York City and learned about analyzing alternative investments. There was an immense learning curve in the beginning, but I noticed that my courses at Hofstra had prepared me well.
Later that summer, I attended a national convention run by the organization I was the treasurer of, ALPFA Hofstra. At the 2013 ALPFA Annual Convention, I interviewed for a position with Deloitte and received an internship on their Transactions and Business Analytics team (“DTBA”) for the spring of my junior year. Fortunately, I was able to coordinate with the Zarb School of Business a way to work full-time for the two month program at Deloitte and simultaneously take 13 credits so I would be able to graduate on time.
My internship junior year was at the trading firm in New York City, Merus Capital Partners. The Zarb alumni I have formed relationships with helped me get the internship. The experience at Merus allowed me to understand the markets better, specifically technical and fundamental analysis.
Working for top financial companies while in college has given me a better understanding of career opportunities and narrowed my focus.
Work Experience: Where will you be employed after you graduate?
Starting this summer after graduation, I will be working as a Commercial Banking Financial Analyst at Wells Fargo. I interviewed for this position at the 2014 ALPFA Annual Convention, while serving as the president of ALPFA Hofstra, and then was flown out to Chicago for a final round of interviews. My knowledge from Corporate Finance (FIN 160), past internships, and extracurricular experience helped me obtain a full-time position at Wells Fargo.
How did the Zarb School prepare you for your career?
The Zarb School of Business has allowed me to better understand the different aspects of a business and how to think critically in a work environment. In particular, my financial modeling coursework (FIN 163) provided a stronger foundation in excel, financial concepts, and analysis. We created/recreated the following models in excel using user-defined functions (UDFs) to increase the models’ flexibility: mortgage refinancing, car financing versus leasing, Greek options pricing, and triangular arbitrage.
Money and Capital Markets (FIN 141) introduced me to the bond markets, gave me an elaborate overview of derivatives, and explained the role of emerging nations in the global economy. The professor, Dean Bales, had previous financial work experience and shared many relevant business articles that effectively taught us these financial concepts.
Overall, the Zarb School of Business has given me a deeper understanding of finance, the economy, and how to think evaluate real life problems.
What is your favorite memory/experience at the Zarb School?
The Zarb Leadership Council is a group of undergraduate leaders that help implement new ideas into the business school. Since my sophomore year, when I first was invited to attend a meeting, I became determined to make a difference as a leader on campus. The council, filled with executive board members of various business clubs, has really given the students a chance to make an impact on campus and share initiatives to help one another.
What advice do you have for students who want to follow in your footsteps?
I recommend for students to get involved on campus as early as possible, take on leadership roles in clubs, and learn as much as they can in their classes. Hofstra provides significant resources to make students successful, especially by hosting workshops and events with alumni. Throughout university, try to form meaningful relationships with your peers, professors, alumni and other professionals who all can help guide you through the business world.