Bernard McTernan ’10 is jumping right into the working world. This summer, the recent Hobart graduate will begin his job at the New York City headquarters of the global financial services firm Morgan Stanley.
Employing more than 60,000 workers in 36 countries around the world, Morgan Stanley has served as the preeminent financial advisor to companies, governments and investors from around the world since 1935.
McTernan will be employed in the Institutional Securities arm of the company, where he will engage in equity research. There, he will be assigned to a specific sector, forecasting financial futures and creating research reports. This information will be relayed to a number of Morgan Stanley’s clients, from hedge funds to governments.
“I am thrilled to be working at Morgan Stanley,” says McTernan, who graduated magna cum laude with a major in economics and minor in Latin American studies. “Working for such a prestigious firm after graduation is an unbelievable opportunity for me.”
Ever since participating in the “Wall Street Experience” trip to New York City in his first year at HWS, McTernan has been on the fast-track to the world of financial services. In his sophomore year, McTernan was a participant at a Valuation Seminar at Merrill Lynch, as well as engaging in a credit bearing internship with the wealth management company Citi Smith Barney. The summer before his junior year, McTernan was a summer analyst at Janney Montgomery Scott in Boston, where Hobart Alum William Corkhill ’87 is managing director. Between his junior and senior years McTernan again worked as a summer analyst, this time for Diamondback Capital as part of their Media-Telecom team in Stamford, Conn. Diamondback Capital is also home to Larry Petrella ’86, who is a managing partner.
“My experiences at Janney Montgomery Scott and Diamondback Capital proved to be invaluable experiences for me,” McTernan says. “I am eager to bring what I learned from these internships, as well as what I learned in the classroom from such great instructors as Professors Mertens and Hamilton, to the Morgan Stanley Equity Research Division.”
While a student at HWS, McTernan was very involved with the Geneva Community. He was head assistant coach of basketball at Geneva High School, as well as student assistant coach for the Hobart Varsity basketball team. McTernan also tutored a local Spanish-speaking Geneva family in English. On campus, he was a member of the Teagle group responsible for reviewing the arts component of the Eight Educative Goals. A member of the Dean’s List, McTernan was also elected to Omicron Delta Epsilon, the Economics National Honors Society.