Oscar Delgado Marches to Wall Street

August 8, 2008

Oscar Delgado

In some ways UTEP accounting major Oscar Delgado is the tip of the spear.

The native of Durango, Mexico, spent his summer in the CFO Summer Analyst program at Merrill Lynch in New York. He learned about investment banking from seasoned pros and believes the experience will help him after his fall graduation.

Delgado, 23, said he hoped to be the first of many UTEP business students who earn trips to New York through the Sponsors for Educational Opportunity (SEO), one of the country’s top internship programs for minority students.

He was among the 400 interns selected from around 5,000 national applicants for the program, which often is a springboard to get a job on Wall Street. SEO reported that more than 80 percent of its interns get job offers with financial firms in New York, corporate law offices and major national corporations.

“This gives minorities an opportunity to have more of a say in the outcome of the country,” Delgado said during a recent telephone interview.

Delgado said the understanding of the financial industry that he learned from his UTEP professors made him an employee who was as prepared as any Ivy League intern.

Egyirba Walker-Arthur, SEO program coordinator, was bullish about Delgado. She said he was punctual and prepared for SEO events, asked intelligent questions and was pro-active when it came to feedback about his work.

The demands of the program increased every step of the way and Delgado showed himself to be a “superstar,” she said.

The student, who ended his internship Aug. 8, planned to help SEO recruit more summer internship applicants from UTEP through campus presentations, identification of prospects and promotion of the SEO mission.

The senior-to-be said the internship has opened a window to an industry that can be remarkable and tough, especially because of today’s economy. It also has opened his eyes to the need for social graces as he meets with one chief financial officer after another.

“I’m networking with people from all over the country,” he said.

He was selected after a lengthy process in part because of his academic success and involvement in campus and community activities.

Delgado’s personality has as much to do with his success as his intellect, Alejandro Muñoz said. The finance and accounting major has worked with Delgado through the College of Business Administration and UTEP’s Hispanic Business Student Association.

“His philosophy is ‘work hard, play hard’,” Muñoz said.

He described his friend as helpful, dedicated and respectful. The two have kept in touch during the summer and the intern has provided tips to Muñoz, who plans to get an SEO internship next summer.

Although Delgado admitted that the internship has been a lot of work, he has found time to see some tourist sites and several free concerts at Central Park.

He hopes to return to Wall Street after he graduates to start his career and then weigh his options that could include a graduate degree.

In the more immediate future, he will help UTEP’s chapter of the Hispanic Business Student Association to plan the association’s national convention scheduled for October in Las Vegas. He is chapter president; the tip of the spear.

Daniel E. Perez, University Communications

 
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