Trev Ng

Dean College

Investment Research Intern

Romero Capital

Overall Rating:
Training:
Internship:
Mentorship:
Career Development:

Review Date: Feb 28, 2020

Experience Prior To The Program

I had nearly zero background in finance and no understanding of how the industry operated. The only related experience I had at that time was conducting a basic financial statement analysis for an entry-level financial accounting course. It was a frustrating stage because I couldn’t find any resource to advance my career goal of being a portfolio manager. The Analyst Prep Program flipped the entire situation. Prior to submitting my application, I was skeptical of whether or not the experience would be as good as it was stated on the website. However, I was convinced that what I read was real after finishing the financial modeling test that was required in the first round of admission. For this reason, I accepted the program offer after two more rounds of interviews and committed 100% of my effort in completing the program.

Training Experience

The training was rigorous, and I regard the valuation module as my most valuable experience out of the entire program. The training demonstrated how analysts in investment banks give a price target for a specific stock and what evidence they would gather to back their assumption. For instance, before giving out Shake Shack Inc. (SHAK) price target of $70 (+17.2%) on 11/22/19 which later proved to be accurate, I performed a discounted cash flow analysis and a comparable trading analysis to calculate the implied stock price from different perspectives.

Mr. Romero was attentive to his trainees that, despite having a busy schedule, he once spent almost an hour explaining the parts that I was confused about and shared his experience in the finance industry with me. I always feel that Romero Mentoring truly cares about my career success.

Internship Experience

My internship experience was fantastic and worth all the time and effort. I am now not only confident in conducting thorough equity research of different companies, but also have a better overall understanding of the dynamic within the finance industry and the stock market. The training program contributed to all these. Had I not been trained; I would not be able to execute the research and analysis that are essential to fulfilling the responsibilities and obligations in the internship. These include due diligence, financial modeling, football field, and the valuation analysis I mentioned earlier.

Mentorship

One amazing feature of this program is that after finishing the assignments in each module an experienced professional in the industry will review the work. Without the support and mentorship from Mr. Romero, I would not have gotten so much insight out of the program. Lacking a finance background, I could always find several questions after watching the videos and finishing the projects in each of the training modules. Mr. Romero was attentive to his trainees that, despite having a busy schedule, he once spent almost an hour explaining the parts that I was confused about and shared his experience in the finance industry with me. I always feel that Romero Mentoring truly cares about my career success.

Career Development

The assistance of the resume building I received from the last session of the training was tremendous. From referring to the resume template I received from Mr. Romero and reviewing the last version of my resume with him, I remodeled my commonplace and confusing resume into a comprehensive resume with detailed and measurable descriptions of my working and leadership experience. For instance, I turned the sentence “work with other e-board members to schedule meetings with club members and come up with club events” to “collaborate with other club officers to maintain a consistent schedule of training for the club members of 55 and expand the size of our club via organizing events that attract potential members.”

Final Remarks

This message is to the undergraduates in community colleges or universities that are not well known. Just go for this program and give it a try if you are truly passionate about a career in finance. You may have observed that most of the alumni are from the top 50 universities and the acceptance rate is merely 4.2%. However, Romero Mentoring does not care about where the school’s origin, as long as you convince them that you are sincere in your desire to be an analyst and will commit yourself to the training and internship.