Senior Adam Froendt, an economics, finance and management major from Omaha, Nebraska, believes maximizing his experience at the University of Nebraska–Lincoln will lead to future success. A member of the College of Business Honors Academy, he completed three internships to complement his coursework.
“Coming into college, I knew I wanted to obtain as much experience through academics and internships as I could. I feel it’s important to keep pushing myself and never become complacent,” Froendt said. “My parents taught me the value of experience, so I knew it would be vital to grow both inside and outside the classroom, and learn to apply real-world skills.”
Originally pursuing finance and management majors, Froendt added economics during his junior year. He values how his majors work together and plans to one day manage a financial services organization.
“Having three majors allowed me to study many areas and become well-rounded as a student. Finance and economics go hand-in-hand, and management skills are useful in any job, especially down the road in my career,” he said.
After his freshman year, Froendt worked at Home Instead Senior Care’s global headquarters in Omaha for two summers – first as a strategic partnerships and innovations intern and then as a business analyst for a new company startup called Simple Meds. During the latter, he learned the ins-and-outs of a startup business and helped develop efficient data tracking methods.
“The internship gave me greater perspective on how dynamic the business environment is and how even large companies are constantly making startups and acquiring other businesses,” Froendt said. “I learned the struggles startups face in their initial stages and the importance of having focus and passion about the business.”
Equipped with skills from Home Instead and his coursework, Froendt landed an internship as a summer analyst for U.S. real estate with The Carlyle Group in Washington, D.C. after his junior year. He rotated between different teams and learned a range of skills including developing financial models and conducting market research. The knowledge he obtained as treasurer of the Big Red Investment Club (BRIC) helped prepare him for the opportunity.
“BRIC allows you to learn things faster than the general course path. It accelerated my skill-level in finance, and I gained a lot of technical information I would otherwise not have learned until my senior year,” Froendt said. “The basis of what we do in the club is what professionals actually do in finance. My internship made me realize what a central experience that was for me.”
Dr. Glenn Williams, associate professor of practice of finance, believes Froendt has a successful future ahead in finance. As the advisor of BRIC, Williams witnessed his enthusiasm for the field first-hand.
“Adam demonstrated a real understanding of finance and showed great interest in both learning in the classroom and helping to make the BRIC club a great experience for the other students,” Williams said. “He was always well prepared and willing to work hard, and those qualities will help him be successful in whatever he chooses to do after Nebraska.”
After graduation, Froendt accepted a job at TIAA, a financial services company in Charlotte, North Carolina, working in their investment arm. As part of a three-year rotational program, he will work with investments in private equity, private debt, infrastructure and agriculture.
“I’m ready to build a name for myself, learn and grow from my past experiences to excel in the business world. I hope to provide value for the company as well extract value from the experience. Charlotte is a big finance city, so I’m excited to see where this opportunity leads me to in the future,” Froendt said.