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HPU Rising Senior Invests Time With Summer Internship

Posted on July 15, 2010.

Bryan McDermott, a rising senior at High Point University majoring in political science with a minor in finance, is investing his time wisely this summer in an investment bank at JP Morgan Chase & Co. in New York City.

As one of 600 interns globally at JP Morgan Chase & Co., McDermott is responsible for analyzing the information that is given by large international and domestic financial firms for eligible borrowers. Additionally, McDermott looks into the eligible borrower?s Net Asset Values (NAV) and their lendable assets (LA) and liabilities to grade them.

“I have learned a great deal in the four weeks I have worked here thus far, and all of it is relevant to my future career on Wall Street; specifically the internal workings of JP Morgan’s investment bank,” says McDermott.

At High Point University, every student receives an extraordinary education in an inspiring environment with caring people. HPU, located in the Piedmont Triad region of North Carolina, is a liberal arts institution with 4,225 undergraduate and graduate students from 50 countries and 46 states at campuses in High Point and Winston-Salem. It is ranked by US News and World Report No. 5 among comprehensive universities in the South and No. 1 in its category among up-and-coming schools. Forbes.com ranks HPU in the top 6 percent among “America’s Best Colleges.” HPU was included in The Chronicle of Higher Education’s “Great Colleges to Work For” 2009 listings. The university offers 50 undergraduate majors, 42 undergraduate minors and seven graduate degree programs. It is accredited by the Commission of Colleges of the Southern Association of Colleges and Schools, and is a member of the NCAA, Division I and the Big South Conference. Visit High Point University on the Web at www.highpoint.edu or on Twitter at http://twitter.com/highpointu.

Chris Dudley

Vice President for Administration

336-841-4530 cdudley@highpoint.edu

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