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for Fall 2009

 
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STUDENT LIFE

LIVING IN MUNICH

INTERNSHIP PROFILES

AVAILABLE INTERNSHIPS: SUMMER 2008

Internship Profiles > Internship at WCF Finetrading

  DID THE INTERNSHIP MEET THESE EXPECTATIONS AND DID YOU ACHIEVE KEY LEARNING GOALS?

Yes all my expectations have been met. In particular, I am able to apply the theories that I learn in college to real life situations and now I have a real understanding of the role of the credit manager.

WHAT CONTRIBUTION DO YOU FEEL YOU MADE IN THE INTERNSHIP PERIOD?

I have assisted the administration team in administering new clients as well as undertaking basic credit tasks.

IF YOU COULD REPEAT THE INTERNSHIP WHAT WOULD YOU DO DIFFERENTLY?

I would have improved my German language skills prior to the internship, as the official language in the office is German. I feel that I could have been more proactive if I knew the language better.

WHAT ASPECTS OF YOUR ACADEMIC BACKGROUND WERE HELPFUL DURING YOUR INTERNSHIP?

I would say my basic finance and accounting knowledge contributed a lot. However all courses that I take at GBCM help me in my work at WCF.

HAS THIS INTERNSHIP HELPED YOU TO DEFINE YOUR FUTURE GOALS

I have always been interested in a career in the financial field, and now I am confident as I I have more knowledge than before. But at the same time I want to gather more information on other fields such as marketing and corporate citizenship.

WOULD YOU RECOMMEND THIS COMPANY AND INTERNSHIP TO ANOTHER GBCM STUDENT

I would definitely recommend WCF Finetrading AG to students at GBCM, because such an internship provides students with an opportunity to apply what they study at college to real life situations.

ANY OTHER COMMENTS

I would like to thank the staff at WCF Finetrading AG for helping me to achieve my goals. Also, I am very thankful to Mr Grosshans, Dr Walsh and Ms Barron for arranging the internship and their ongoing support.

 

Internships

INTERNSHIP
AT WCF FINETRADING

S

herryl Muthuwady combines work as an intern at the WCF Finetrading AG in Munich, with her studies at GBCM. WCF was founded in January 2003 to offer innovative financing concepts for small and medium sized European companies. Details on the internship can be found below.


PLEASE DESCRIBE THE COMPANY WHERE YOUR ARE UNDERTAKING YOUR INTERNSHIP

I am undertaking an ongoing internship at WCF Finetrading AG. Finetrading was established in 2003 and the company basically offers a newly developed financing instrument for funding working capital in medium sized businesses.

PLEASE DESCRIBE IN DETAIL THE NATURE OF YOUR ROLE AND THE POSITION YOU HOLD?

My main role is to support the credit manager in reviewing established customers as well as new clients. These tasks include:

  • Gathering relevant financial information
  • Spreading financial statements into an excel sheet and
  • Researching industry information

I also support the administration team in

  • Administering customers
  • Maintaining customer data and
  • Populating schedules for portfolio analysis.

IS THE INTERNSHIP PAID ?

Yes it is a paid internship.

WHAT WERE YOUR INTERNSHIP EXPECTATIONS AND KEY LEARNING GOALS?

I am interested in the field of accounting so I was looking for a position in this area. In particular, I am interested in working with financial data and learning about analysing companies on the basis of their financial statements. Overall I am looking to gain experience in the financial and credit arena.

 
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