Two Intern at Deutsche Bank – Hobart and William Smith Colleges \
The HWS Update

Two Intern at Deutsche Bank

Joshua Kalenderian ’12 and Jerimiah Booream-Phelps ‘12 are spending the summer in New York City doing equity research for Deutsche Bank. They are interns in the Markets Business Division of the Corporate and Investment Bank Group Division.

Kalenderian works with the healthcare facilities team, which covers for-profit hospital systems, labs, physician management companies, in-home care agencies and outpatient surgery centers. As a research unit of Deutsche Bank, which is ranked globally every year among the top competitors, the team assesses a company’s value based on its performance and growth potential using tools such as balance sheets, income, and cash flow statements. Kalenderian is working on projects that include: extracting cost reports, making a facility and provider number master sheet for all the hospitals covered by their team, and making a research resource where analysts can find all of the latest healthcare news. In the future, Kalenderian will work on developing market profits for testing sub-markets and cataloging information.

“As an intern, we have a great opportunity to be working on Wall Street and learn what it’s like to work at one of the world’s leading banks,” said Kalenderian, who is an economics and psychology double major and a health professions minor. He is a member of the Hobart basketball team, and is a member of Chimera.

Booream-Phelps is working as an equity research analyst on the utilities desk at Deutsche Bank. He works on projects relating to U.S. electricity companies and is currently in charge of overseeing 10 stocks for the next two weeks, working directly with the lead analyst to determine what is most important and might be a catalyst for the stock. Booream-Phelps enjoys working on  the utilities team because it relates to his passion for the environment and bridging the gap between business interests and environmental stewardship. He is also working on a major project which is looking at commercially operating power generation facilites in the United States and working with the team to analysis relating to changing regulatory structures, particularly pending environmental legislation. He is also learning how to build computer models relevant to his department’s work.

Booream-Phelps was particularly taken with Deutsche Bank’s social responsibility. “Every day, I’m surrounded by reminders that not only is Deutsche Bank one of the most successful institutions in the world, it’s also one of the most socially responsible – something that’s more important to me as an individual.”

Booream-Phelps is an economics and environmental studies double major. He is Hobart student trustee and vice president of Phi Sigma Kappa, and is actively involved in campus greens. He serves as a student representative on the President’s Climate Task Force initiative and will be an orientation mentor this fall. Last year, he studied sustainable development and corporate social responsibility in Copenhagen, Denmark.