Undergraduate vs Graduate Accounting Recruitment and Tips

Fall break marks the end of our first session of Fall semester, as well as the end of recruitment season for many MAcc students who are very excited to be done with the process. Though I didn’t go through the process as I did it during my undergraduate program, I recognized some differences between the two experience when talking to my friends so I wanted to outline them below, as well as offer some tips on how to tackle recruitment season when starting the Fisher MAcc program.

1. The process is so much shorter!

This is the clearest difference between the two processes. While undergraduate recruiting season often lasts for almost the

entire semester with many different networking and social events organized by the firms, my graduate classmates started their job searching process around the end of August when classes started, and had most of their interviews done at the beginning of October. So the time pressure was intense. I highly advise you to prepare well during the summer by polishing your resume and practicing your interviewing skills and be ready to jump right into the process when the program starts, or you’ll be very overwhelmed with events and homework.

2. Full-time vs internship.

Most students applied for internships in junior year and completed them in senior year of undergraduate. However, once you’re a graduate student, often you would apply for full-time positions. Since internship is like another round of interview where firms can take another look at your ability before offering you a full-time position, the competition is a bit more lax and firms often hire more interns to cut some out later. Full-time positions can be more challenging to get, especially when firms already retain a decent number of interns, and they often expect more of you to adapt quickly with the way of working as you did not go through the internship with them.

3. Location preferences.

Many of my classmates, including myself, did our undergraduate studies out of state, so attending OSU allows us to apply for firms and offices in Ohio, nearby Midwest states, and other states farther away since OSU is a huge university with a very recognizable brand name and an extensive alumni network. It was more restrictive for me when I applied for internship at my previous college since it is a small liberal arts school so most students went to companies/offices within the same state. However, many of my classmates can apply to positions in cities such as Chicago, New York, and San Francisco. That’s why I often recommend my friends, especially those who did not do an accounting internship, to complete their Master’s at a big university like OSU to expand their opportunities.

Those are all the tips I have to prepare you for a successful recruitment season in graduate school. The main restraint is definitely time, as the program lasts for only nine months and you would want to secure a job before graduation as soon as possible. However, if you come prepared from the beginning, you should feel much less stressful about the entire process. Good luck!

 

My Summer Internship: Niagara Bottling

Hello readers! I am back on campus for my second year of the MHRM program at Ohio State. I’m excited to share my experiences over the next 8 months as I close out my graduate school journey.

After going through the recruiting process last year, I accepted an offer with Niagara Bottling and recently completed a 10-week internship with them in Ontario, California. At Niagara, I worked on their Compensation & People Analytics team. One of my main projects was to support the development of a new compensation structure and the implementation of a cloud-based compensation data management tool.  Easy right? Considering I knew next to nothing about compensation, I was pretty nervous how I would add value in my role.

However, I’m not one to shy away from a challenge so I spent my first weeks of the internship studying the fundamentals of compensation, Niagara’s compensation philosophy, and current trends in the industry. After sitting in on many stakeholder meetings and asking plenty of questions I felt confident working with the team. I utilized the newly implemented tool to create templates that defined standard formats and content for job descriptions to ensure accurately priced roles for the compensation structure. I also lead a talent development initiative to increase retention and engagement through evaluation of 12 potential exit
survey vendors.

 

Additionally, I was fortunate enough to go outside of my department and gain exposure to how the business operates. I saw the manufacturing process first hand with a”Pellets to Pallet’s” tour of one their facilities as well as took a yellow belt training on Lean Six Sigma practices. Over the course of the internship, I had a Regional Sales Manager as a mentor who introduced me to how Niagara attracts new clients and manages their current contracts.

Not only did I gain valuable work experience, but I’ve always wondered what it would be like to move to the West coast and having the opportunity to spend three months in California working full-time was a perfect way to determine if it was somewhere I would actually want to move post-graduation.

Internship Relocation Guide

If you went through the recruitment process this school year and secured a summer internship then you may be feeling a sense of accomplishment and relief that it has come to an end. For those who are required to relocate for the summer, finding housing is more thing on the to-do list that can be a  timely challenge if you are moving to an unfamiliar location. Questions such as: Where do I live? Who can I live with? How do I find something short term? How much is this going to cost? I found myself asking these questions and more as I prepared to head to the west coast for the summer.  I hope that my experience of finding summer housing can help those reading with their own moving process!

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Full disclosure, the cost of living and availability of housing will differ between locations and it is worth asking the organization if they offer relocation stipends or having corporate housing options.

Connect with Other Interns 

Most organizations will utilize Linkedin Image result for connect iconor Facebook groups to introduce incoming students to their internship cohort. This is a great opportunity to expand your network and find others who are looking for roommates and housing options as well. In addition, there may be students who already live locally that can offer suggestions on where to live or provide housing resources in the area. If the employer you’re going to be working for doesn’t do this currently, ask if you can have a contact list of the incoming interns.

 Short Term Options

Some apartment complexes Related imagewill offer short term leases but with a premium on top of the regular rental prices. This definitely isn’t the cheapest route to take and I would research other options prior to resorting to this one. Other options include searching for colleges in the area rent out vacant dorm rooms for the summer, hotels that offer short term stay discounts, or utilizing Airbnb.

Subletting

Subletting is more than likely going to be the best value, many students will be looking to sublease their apartments for a lower price than they actually pay. Some of these offers may also include utilities or come Image result for sharing iconfurnished. Search for colleges within the area and see if they have an off-campus housing page. If you don’t find it at first don’t be afraid to call the university and ask for it. A quick google search can also provide many links to sublet apartments in the area.

I hope these options will help you to find the perfect place for the summer! When in doubt, don’t hesitate to reach out to family or friends who may have contacts in the area your looking for. Congratulations on the opportunity to expand your resume and gain real-world experience. Best of luck this summer my fellow interns!

Silicon Valley Venture Capital Trek

The week after spring break, myself and a few of my MBA peers were fortunate enough to go on the Silicon Valley Venture Capital Trek in various cities – San Francisco, Santa Clara, Palo Alto, Menlo Park, and a couple others. As members of the student organization, Fisher Entrepreneurship Association (FEA), our goal is to learn about Entrepreneurship, Start-ups, Venture Capital (VC), and Investing through networking, events, and experiential opportunities. This was my first time on the trip, and it was by far one of my favorite MBA experiences so far. We met with Managing Directors, IPO Lawyers, Venture Capital Partners, and Founders & CEOs from various companies: Wilson, Sonsini Goodrich & Rosati (WSGR), Google X, EY (Ernst & Young), DFJ (now Threshold Ventures), Prevedere Inc., and Aeris, and a couple others.

Listening to professionals in this space was eye-opening. There were so many questions myself and my peers had as young minds interested in learning how to get into the start-up space and understanding what type of professional experience and knowledge you need to be successful in it. Hearing success stories, failure stories, stories about the “grind” of this world, and honest perspectives about the start-up and venture capital industry gave many of us the ability to narrow in on what we would love to do professionally in this space. For me, after a few years working in tech and sports/entertainment, I would like to start my own company which will tie my passions together.

Most interesting things I heard during the trip:

  • Most of successful companies created their own market (ex: Facebook, Google, Intel, Cisco).
  • This idea of collaboration in tech is called “coopetition”.
  • Value = product-market fit / risk (execution).
  • NETWORKING is crucial!!
  • Get a mentor.
  • 3 parts to venture: 1) sourcing, 2) due diligence, 3) portfolio.
  • People who start a company aren’t always the ones to scale it.

What venture capital firms look for in entrepreneurs:

  1. How self-aware is this person?
  2. Are they able to recognize the fires and won’t ignore the problems?
  3. Do they recognize their own strengths and weaknesses?
  4. Are they persistent and do they have the mental endurance it takes to build and grow a company?

If you’d like to learn more about VC, start-ups, and entrepreneurship, below is a list of books and videos that were suggested to my classmates and I during our trip:

  • “The Hard Thing About Hard Things” by Ben Horowitz
  • “The Art of the Start” by Guy Kawasaki
  • “The Startup Owner’s Manual: The Step-by-Step Guide for Building a Great Company” by Steve Blank & Bob Dorf
  • “Straight Talk for Startups” by Randy Komisar and Jantoon Reigersman
  • “Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes” by Tarnang Shah and Shital Shah
  • “Crossing the Chasm” by Geoffrey Moore
  • “Something Ventured” – Netflix movie
  • “Secrets of Silicon Valley” – YouTube

Below is a list of people you should be familiar with – learn their stories as they either successfully built up billion-dollar companies or founded VC firms with highly invested portfolio companies in the Silicon Valley area:

  • Larry Ellison – Oracle
  • Marc Andreesen – Netscape
  • Andy Grove – Intel
  • Alan Shugart – Seagate Technology
  • Gordon Moore – Intel
  • John Chambers – Cisco
  • Steve Jobs – Apple, Pixar
  • Scott McNealy – Sun Microsystems
  • John Doerr – Kleiner Perkins Caufield & Byers
  • Larry Sonsini – WSGR
  • Lewis Platt – Hewlett-Packard
  • James Clark – Netscape

A big thanks to Fisher College of Business, Professor Oglevee, Mr. Terranova, Mr. Coleman, and the MBA student leadership of FEA for making this trip happen and providing a wonderful growth experience.

Taking on the CPA Exam

As you may know, there are four parts to the CPA exam, which you take independently of one another. The four parts in order of length from longest to shortest are Financial Accounting and Reporting (FAR), Regulation (REG), Audit & Attestation (AUD), and Business Environment Concepts (BEC). First semester, I focused on adjusting to a new school, new city, and a new job as a graduate assistant. I knew that I plenty of time to prepare for the CPA before starting work full-time next fall, so I decided that it would be in my best interest to wait until the second semester to begin my CPA studying. 

Application Process

Due to the extensive application and Notice to Schedule (NTS) process, I applied about 6-8 weeks before I planned to begin preparation. Every state has a unique process for applying; the NASBA website is a great resource to learn about the guidelines and application process for the state you are sitting for. Since I will be working in Chicago, I am sitting for the Illinois CPA exam. The current rules require me to apply through the Illinois Board of Examiners.  Due to the high volume of applications in November, it took about 6 weeks for me to receive my NTS. Once I received my NTS, I chose the two exams that I wanted to take first.

I chose to take my exams in the following order: AUD, REG, FAR, BEC. I chose this order because AUD and REG are middle size exams which I knew would be easiest to study for while in school. Once summer begins, I plan to study for FAR (the largest exam) since I will have unlimited time. I chose to take BEC last because it is the smallest test, therefore if I do not pass all four before I start work, it will not be too large of a beast to tackle while working full-time. Everyone chooses the order of tests differently. I have seen classmates manage to study for FAR during school; the order in which you choose to take your exams really is a personal preference!

Study Plan & Tips

I am currently taking four classes and working 10 hours per week, so my study plan is a slower pace than it will be this summer. I am at a rate of approximately 15-20 hours per week of CPA studying, which equates to a little over 1 chapter per week.

Some days I choose to stay home and study in the comfort of my apartment, but I also love to study at libraries around campus. My favorite study spot is Thompson Library on the Oval. It is always full of other Ohio State students studying, so it is a prime environment to be productive. Almost every day, a group of students in the MAcc program reserves a room in Gerlach Hall to study after class together. I studied often with my friends in the MAcc program as we began our final review before taking our first exams. Regardless of your study plan, it is best to always make time for fun! Balance is the best way to get through something like studying for the CPA. For example, a group of us play trivia every Thursday night, and we are in an intramural volleyball league on Sundays. Like I mentioned in my GMAT advice post, never burn yourself out!!

GA Intramural Volleyball team!

Takeaways

The biggest piece of advice that I have taken from all of my mentors has been to FINISH THE CPA EXAM BEFORE YOU START WORK! Your year in the MAcc program is a great cushion to take the exams while in a learning environment. So many of your classmates will also be studying for the CPA which makes the processes much more enjoyable.

 

Coffee & Conversation

I recently attended “Coffee & Conversation” an event coordinated by the MHRM Council that hosted program alumni who currently work in the Columbus area. They each shared their experience with the program, how they began their HR careers, and their tips to becoming a leader in the HR industry today. This event also included a lunch and networking session after the presentations.

Tony C. – Vice President of Human Resources 

Undergraduate Degree: Psychology, Kenyon College

Year Graduated from the program: 2005

Current Role Description: Manages the entire employee life cycle with a specific interest in organizational structure and employee development.

Career Advice: Be approachable, explore new functions of the business, take feedback, and be the person that gets things done.

 

Diandra S. – Talent Acquisition Sr. Specialist 

Undergraduate Degree: Psychology, The Ohio State University

Year Graduated from the MHRM program: 2017

MHRM Activities and Societies: MHRM Student Council, Fisher Graduate Women in Business Executive Board, 2015 MHRM Internal Case Competition Winning Team, Graduate Assitant

Internship(s): Cardinal Health

Current Role Description: Consults, provides support and acts as a strategic partner to the recruiting team on pre-employment activities and employee mobility.

Career Advice: Listen to others, give credit when it is due, be positive and have a professional presence.

Shannon M.-Talent Management Specialist

Undergraduate Degree: Strategic Communications, The Ohio State University

Year Graduated from the MHRM program: 2016

Internship(s): Texas Instruments and Victoria Secret

MHRM Activities and Societies: MHRM Council, Fisher Graduate Women in Business

Current Role Description: Supports the home office and stores in talent management and sourcing.

Career Advice: Understand the business your in, utilize data to make decisions, and always find ways to make improvements in your work.

Going to these type of events are a continuous reminder of the limitless opportunities we have as students and alumni of the Masters of Human Resource Management program. I’m grateful for the alumni that continue to be a part of what we do here every day at Fisher!

 

What is CAMP?

The Columbus Advertising & Marketing Practicum (CAMP) is a dynamic event hosted by the Fisher Association of Marketing Professionals (AMP) that brings together nationally recognized keynote speakers and industry professionals to discuss the leading edge of marketing. 2019 marks our tenth year hosting this event, and our discussion will center on Customer Experience Design which is the practice of designing products/services with the focus on quality and thoughtfulness of the user experience. Every touch point within the customer’s interaction with a product/service is designed to deliver experiences based on the brand’s promise. It requires companies to weave in storylines through online and offline experiences that bring the brand to life.

We invite you to join us!

What can you expect from CAMP?

100-plus attendees from the Columbus community come to hear our engaging, charismatic and fascinating speakers from local and national companies.

Our keynote speaker and recipient of the Marketer of the Year Award is Russ Klein, CEO of the American Marketing Association. We will also have Adam Torres, Founder of Torres Capital, who will be speaking at our event! Both Russ and Adam have a wealth of knowledge and experience when it comes to Customer Experience Design.

Russ Klein, CEO of American Marketing Association
Adam Torres, Founder of Torres Capital

We will also be raffling off items! Thanks to our generous sponsors, we currently have items from Watershed Distillery, Columbus Blue Jackets, Bibibop, and Homage!

If you would like to be a part of this event, whether as an attendee or sponsor, please let us know! Tickets are available here, and you can always email us at fisher.amp@gmail.com with any questions!

2018 “Marketer of the Year” award went to Jenna Measelle, Senior Brand Manager at Abbott and Fisher MBA alum

Tackling the CPA Exam

Many students in the MAcc Program are currently preparing for the CPA exam. We have heard horror stories about studying for the exam, and I am here to tell you it is doable to take while in class. This was a main concern of mine coming into the program because I want to have the exam done before I start working.

For those who don’t know, the CPA exam consists of four tests (Audit, Regulation, Business Environment and Concepts, and Financial Accounting and Reporting). To become licensed, you are required to have 150 credit hours. The rules on when you can sit for the exam and what classes are needed vary by state so make sure you check the rules for your state. Once you have the requirements complete, you can sign up for your Notice to Schedule, which allows you to sit for the exam. You do not have to take the exam in the state in which you are getting licensed.

While balancing classes and studying for the exam is difficult, it can be done. Currently, I am studying for the Audit section of the exam and plan on taking it soon. My main strategy is planning ahead and giving myself more time than I thought was needed. At the beginning of the semester, I wrote down all the due dates of assignments and exams in my courses and then planned my CPA studying around that. I gave myself an extra week than was needed, and am very glad that I did, as a schedule never goes completely as planned.

While I am definitely more busy, don’t worry—the CPA does not control your life. Between working, classes, and studying for the exam I still have time to go out with friends, be on intramural teams, and have time to do things I enjoy.

Red Carpet Weekend 2019

In just a few weeks (March 1–3), we will be welcoming Full-Time MBA admitted students to Red Carpet Weekend 2019! This gives them the chance to visit Columbus and the Fisher College of Business, meet some of their future classmates, as well as learn about the opportunities available at Fisher.

To me, this was a very special and significant experience, as I knew that Fisher was the right place to earn my MBA. As a current student ambassador, I look forward to this event since I get to share the Fisher spirit and show others who we really are. If you are still considering whether to apply to Fisher, I encourage you to apply and be eligible to attend Red Carpet Weekend! Here are some upcoming events that one can experience at this VIP event:

Columbus Bus Tour

Last year, I hosted this tour where we got to visit several popular neighborhoods in Columbus! The Short North, Victorian village, German village…etc. Just to name a few. If you are able to make it to this tour, which happens before the welcome reception, you should definitely check it out!

Welcome Reception and Tour at Ohio Stadium

I was most excited for this portion of the weekend as I got to meet faculty, other admitted students, and their significant others. You also get a behind-the-scenes tour of the Ohio Stadium!

Welcome to Fisher Faculty Lunch at Faculty Club

These are two important sessions where you get to know more about our newly redesigned MBA curriculum, as well as learn more about our global programs.

Breakfast for Significant Others

My husband, who attended Red Carpet 2017 with me, met others who were going through the same feelings and experiences as he was. Going to business school affects not just you, but the people who dearly support and love you as you go through this important change in your life.

Social Event at Du Amici

What a great way to end a Saturday night! My husband and I continued the evening by ourselves where we managed to catch the last part of the Arnold Sports Festival.

Women’s Breakfast (Optional)

Since I am on the leadership team for the Fisher Graduate Women In Business, I highly encourage all women to attend this breakfast. I will see you there!  🙂

A Full MBLE Life

A Full MBLE Life

How time flies! I couldn’t imagine that we just finished our first semester. It’s a significant journey that happened so many things, including happiness and difficulty but made us quickly grow up.

The studying portion

Back to what we learn from this semester, we not only get benefit from the dense academic atmosphere in class, which can make us positively participate in class, such as having discussions, doing projects with classmates, and even studying from playing games in class. Indeed, an excellent academic atmosphere helps us deeper thinking. But also, through the way of guest speakers in class and tour visit activities, we have opportunities to know people who work in supply chain and logistics companies, such as Land Grant Brewing Company, DHL and UPS. Combining the knowledge with practice, MBLE program greatly instills to students.

 

The career portion

I have to say what the Fisher Career Department did for MBLE’s career can’t be better. In this semester, we have a lot of opportunities for networking. The first is the Career Fair. At the beginning of this semester, the start of September, we had two big Career Fairs, including the TLA Career Fair and the Fisher Career. It’s a channel provided for MBLE students to meet face to face with recruiters of related supply chain and logistics companies, such as Amazon, GE, and DHL. There is no worry about the performance in the career fair. Because, before the start, from June, the Fisher Career Center has been helping MBLE students to fully prepare, including helping students form their own START, revising resume, and teaching how to prepare to interview. Next, we have all kinds of experience sharing meetings. For example, Fisher Career Center invited the alumni of the MBLE, such as some employees in LBrands and DHL, to share their working experience in supply chain and logistics area, and also invited second-year MBLEs to share the experience of an internship in companies like Cummins, Niagara Bottling, and Greif. The third benefit is the mentorship program, which provides each MBLEs a chance to know a mentor who works in the field of supply chain, logistics, retail, and other industries, and communicate with our mentor up to six months. In this semester, we had a big dinner networking night which provided a chance for every student to know any mentor. In addition, Fisher Career Center did other events to help MBLEs build their basic career wherever in America and China.

 

The fun portion

In addition to our first activity for celebrating Mid-Autumn Festival, we held another interesting party for celebrating Halloween Festival. For better experiencing the pleasure of Halloween Festival, everyone made up with a strange appearance, together carved pumpkins, and ate traditional American snacks. Via playing games together, this happy time facilitated our friendship with each other.

The last activity we held a potluck party for celebrating the Thanksgiving Day. We did some traditional Chinese food, American food, and even Spanish food! We also invited our Director of MBLE program, Steve DeNunzio and Corp & Grad Relations Specialist of Fisher Career Center, Steve Singer, to participate in this food communication event. We chatted with each other, learning about the history of Thanksgiving Day and the ways of celebrating the special festival for American. How wonderful night when everyone was surrounded by many cuisines!

It’s really a fulfilling semester, but actually, it’s just a start! I believe there are many interesting and significant things waiting for us MBLEs to explore!