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Expanding his options

Wed, Sep 01, 2010

Just a month and a half after taking his final exams, Calvin junior Ryan Van Baren was working in the U.S. third-largest city at the largest exchange of listed options in the world. The 21-year-old accounting major was a summer intern at the Chicago Board Options Exchange. He worked as an auditor.

鈥淵ou鈥檙e basically looking at other people鈥檚 work and making sure that the proper controls are in place, that the proper people are authorizing and viewing things,鈥 Van Baren said. 鈥淚t鈥檚 kind of like being a detective.鈥

He performed an inhouse audit of the tradematching system in the trading operations division. Van Baren also audited a formerly private company that just went public. 鈥淲e鈥檙e basically looking over financial statements and making sure everything鈥檚 been set up correctly,鈥 he said of the work this summer. 鈥淚t is nice to find things, but, typically, you just find some minor, minor improvements. You鈥檙e trying to improve the company.鈥

Van Baren, an active member of Calvin Business Forum, liked being on the inside of such a big financial operation. 鈥淚 love looking at businesses and how things work,鈥 he said. 鈥淢y lunchroom overlooks the trading floor, so you can watch what鈥檚 going on.鈥 The atmosphere at the exchange is a lot less formal than he had expected: 鈥淔or how big of a company it is and how serious I expected things to be, I was really relieved to find out that people here are really friendly,鈥 he said.

Van Baren grew up in the Chicago suburb of Crete, Ill., and he likes being in the big city: 鈥淵ou go downtown. Everyone鈥檚 rushing to work. There are trains going overhead,鈥 he said. 鈥淚t鈥檚 just a different atmosphere.鈥 He also enjoyed the free concerts in Millennium Park and checking out Navy Pier and other local attractions.

鈥淣ot all of our students want to go to work for a big company in a big city 鈥 but for those for whom God may call int hat direction, it鈥檚 good to know those doors are open,鈥 said Calvin business professor Leonard Van Drunen. An internship like Van Baren鈥檚 broadens a student鈥檚 vocational horizon, he said. 鈥淚t shows him the possibilities of what he could do.鈥

Van Baren, who said he landed his internship through basic networking (he sent a resume and cover letter to a friend of a friend), has a year to go at Calvin before he lands in the job market. He鈥檚 feeling a little better prepared for that. 鈥淚鈥檓 sure I don鈥檛 know everything about auditing 鈥 but I think that learning about how to work in a business environment really prepares you鈥攁nd I think employers like that.鈥