It used to be that “internship” implied “gain experience, but work for free.” Not anymore.
Omaha has been ranked the No. 1 city for paid internships by InternMatch, and Heider College of Business students begin their post-graduation job hunt armed with, on average, three internships.
But Lake Lapp just upped the ante. Not only is the accounting and finance double major completing his third internship before his senior year even begins, but he is also being paid to prepare for the Series 7 exam. And a portion of his Creighton tuition is being reimbursed. On top of earning a salary.
Lapp is interning at Securities America’s Omaha office. He learned about the opportunity through Creighton’s job placement service, Jobs4Jays (handshake). He loved the convenience of its platform; he simply uploaded his updated resume, which was approved by Creighton’s Career Center, and was able to quickly apply for numerous positions in the Omaha metropolitan area without completing applications to individual firms one at a time.
The internship requires Lapp to divide his time assisting Securities America’s registered representative and the company’s clients. But what excites him the most is Securities America provides Series 7 test materials and tuition reimbursement for both full- and part-time employees.
“You do not need to pass the Series 7 exam to work there, or even need to take the exam. They simply offer it as a perk,” Lapp says. “Tuition reimbursement is for any class people wish to take in college or continuing education. All Securities America wishes for its employees is that they continue to learn throughout their lives.”
Lapp will take the Series 7 exam on August 20. He began studying earlier this summer, taking advantage of a least two classroom reviews a week and complimentary test materials that Securities America offers. The firm is also paying the $307 exam fee and will cover the cost of possible retakes and other Series exams. And as long as Lapp maintains a B or higher in his Creighton coursework, Securities America will contribute to his tuition costs.
A product of a Jesuit high school education, Lapp wanted to continue in the Jesuit vein for his collegiate career. The Sacramento, California native was familiar with Creighton, but it was the University’s size and its scholarship package that cemented his decision to move to Omaha.
“Going to a college in Nebraska forces you to take on new adventures and go out and see what Nebraska actually has to offer,” he says.
Like joining Creighton’s club rugby team. Lapp loves the bond he has formed with his teammates, and doesn’t even mind playing “in any weather condition, including snow in 20 degrees” – quite a concession for someone who comes from a part of the country that boasts an average temperature of over 60 degrees.
“The rugby team is really just a small family at Creighton open to taking anyone in,” Lapp has discovered.
For Lapp, this family-like atmosphere is one of Creighton’s strongest attributes. He says that professors take a personal interest in their students’ well-being, checking in with them when they notice they are down, and he doesn’t feel “drowned out” in the small class size.
“And,” he adds, “there is not a day when I am walking to class that I will not see at least 10 people I know.”