Bermont/Carlin Scholars Program

Calling all business sophomores interested in careers in the investment industry.

Bermont/Carlin Scholars

Application deadline is Monday, October 30, 2023, at 11:59 p.m.
 Apply now!

The Finance Department is pleased to announce this year’s competition to be invited to join a select group of Business School students, the Bermont/Carlin Scholars – exceptional individuals who are interested in learning all they can about investment banking and the related investment industries. Activities of the group have been graciously underwritten by Richard Bermont and Adam Carlin, principals of the Bermont/Carlin Group, a local Morgan Stanley’/Smith Barney affiliate.

Who's it For?

The Bermont-Carlin Scholars are exceptionally strong full-time undergraduate students in the Miami Business School who are interested in learning about the investment industry through a series of events that will be held in the Fall of 2023 and immediately thereafter. The selection process is competitive and requires a minimum GPA of 3.6. You must also have completed a minimum of 45 credits as of January 2024 and be set to graduate no earlier than December 2025 (i.e., this program is focused on sophomores) but no later than May 2026 (i.e., students graduating in December 2026 or May 2027 are ineligible this year for this program and should apply next year, even if they have sophomore standing as a result of extra credits). As of the application date, you must also either have completed or be enrolled in FIN 302 or be eligible to enroll for Spring '24. In order to be selected as a Bermont Carlin Scholar in the Spring, you must have completed FIN 302 or be enrolled in the course as of Spring '24.

In order to apply, you must be willing to attend a mandatory training session from 1 p.m. to 4 p.m. on Sunday December 3rd. A two to three-hour video on collecting data from a Bloomberg terminal will be provided before the session, and the session will cover how to value a public company using data from comparable firms. You must also be prepared to work on a mandatory assignment that will ask you and a partner to write a research report on a firm of your choice over the winter break.

We will do an initial cut of the applicants before classes resume in January 2024. Students selected to remain in contention to be named Bermont Carlin Scholars must complete mandatory all-day training on Saturday, February 3rd, and Sunday, February 4th, for Wall Street Prep[1]. In addition, those students will be assigned research on financial firms that will be presented to the group and to current Bermont Carlin Scholars on Saturday, February 17th, and Sunday, February 18th.

From those who participate in the presentations, selections will be made for students to participate in a trip to New York during the week of March 11, 2024. NOTE:  The trip is during Spring Break!  Those students selected for the trip will be the Bermont Carlin Scholars for this academic year. We will likely schedule one or two more training sessions on February 27th and/or March 3rd. These training sessions teach the strategies to search for and succeed in obtaining jobs in the investments industry and to provide a foundation to learn the language and substance necessary for interviews in these areas.

To apply for consideration, please complete this form by Monday, October 30, 2023, by 11:59 p.m.  Print your unofficial transcript from Cane Link to a .pdf, get a professional (electronic) photo (headshot) (The file format should be .jpg or .jpeg. We can also accept .gif, .bmp, and .png.), a .pdf version of your current resume (in Mergers and Inquisitions format), and your application essay (also a.pdf). 

For more information and answers to questions, please contact Professor Mark Shapiro, or Professor Andrea Heuson,

[1] Students who complete the research report but are not selected to continue are welcome to participate in Wall Street Prep as well. It is vital to your success in interviews.

Become a Bermont/Carlin Scholar