One of the many great aspects of the MAcc Program (and Ohio State in general) is the abundance of fascinating speakers that are brought in to present to us. We have something called the “MAcc Speakers Series” and this goes on throughout the entire year. We have several speakers from all different professional and personal backgrounds come in to present on a topic of their choosing, and we also get to ask them questions. Recently, we had a speaker who has an extensive background in law. She also happened to be a current MAcc student’s mom!
For Susan’s presentation, she chose to share some of the insights and knowledge she has acquired throughout the years of being a lawyer, an employer, and a mother. Here are some of the things she shared with us:
Email vs. Personal Communication: There are many positive and negative aspects that come with email and constant communication. She stressed the importance of building relationships, and how this is difficult to do from email communication alone. Also, never deliver bad news over email or ask for special consideration over email.
Remember who owns your business computer: Susan shared horror stories of people losing jobs, being sued, and suffering severe embarrassment from things they have done on their business computers. Overall, it is best to keep emails free of jokes or innuendos and to not use your business computer for something that you wouldn’t want others to see.
Own mistakes: We should always admit to our mistakes. Although we might get punished for admitting our mistakes, companies have professional liability insurance in case mistakes happen. The insurance no longer applies if we try to cover up our mistakes, and thus it is important to never try and cover anything up.
Don’t isolate yourself: Get your work done, but also build relationships within the firm and try to meet as many people as possible. This could include doing things such as joining work intramural teams, volunteering, and going to other social events with coworkers.
Find a mentor: It is important to find a mentor at any stage in your career. You are never too old to have a mentor!
Broaden your horizons: Join organizations that you are interested in joining. You never know what people you may meet that will one day be future clients or a future contact for a business opportunity or favor.
I really enjoyed Susan’s presentation and she shared some very good things to think about as we begin our future careers. I also like that many of the speakers, such as Susan, do not have a background in accounting, but they are still able to share very relevant and interesting topics with us.
Favorite place to go in Columbus: I really enjoy walking and biking on the Olentangy River Trail. Luckily, we have had beautiful fall weather this year and having the trail so close to my apartment and Fisher has given me the opportunity to spend a lot of time outdoors. On the weekends, I really enjoy wandering around Short North exploring the different shops and restaurants. I feel like there is always something new to try there.
Favorite extracurricular activity at Fisher: Any event put on by the MHRM Council. They do a great job organizing events such as scavenger hunts, networking activities, and group outings like “Zoo Lights” that make you feel closer to your classmates. A vast majority of 1st and 2nd years attend and participate, which has helped me get to know people in the program a lot better outside of the classroom.
Favorite hangout spot on OSU’s campus: The Shoe! I am a huge football fan and game days at OSU are awesome. Football Saturdays are a great opportunity to tailgate, eat great food, and socialize with friends and classmates. Once you’re inside, you realize how massive and electric the stadium really is. My first game is an experience that I’ll never forget.
Favorite MHRM class thus far in the program: I really enjoyed Markets, Organizations, and Human Resource Management. The class dives into the complexities of labor and employment issues from an economic standpoint. We discussed how we, as Human Resources professionals, must respond to changes in wage rates, employment trends, and macroeconomic conditions. I liked being able to put my economics background into a HR-related application.
What I hope to do after the MHRM program: After completing the program, I plan to become either an HR Generalist or a Compensation and Benefits Specialist for a large corporation. I’m hoping to work for a great company that will allow me to put my knowledge of HR to work right away.
Advice I would give incoming first years and/or prospectives: Do not be afraid to branch out to meet classmates and don’t be shy! Many friendships are formed within the first few days and weeks of the program. Don’t be afraid to start conversations with new people- remember: they are in the same situation as you are!
This year the Association of Marketing Professionals and Fisher Board Fellows joined forces to put on the first ever Marketing For A Better World event. The event kicked off with small-group break-out sessions with local non-profit organizations. Six of Fisher Board Fellows’ partner organizations participated, including Catholic Social Services, Kaleidoscope House, Ronald McDonald House Charities of Central Ohio, A Kid Again, the Ohio Psychological Association, and the Mid-Ohio Foodbank. Each break-out session group included one representative from one of these non-profit organizations, and these representatives posed a current marketing problem their organization is facing to the group. Participants then explored ways to solve these marketing problems and had discussions about the best solutions.
I was the moderator for the break-out session with Catholic Social Services. The CEO of Catholic Social Services, Rachel Lustig, attended the session and brought with her a brief case study for students to read and then comment on the strengths and weaknesses of the case. Rachel explained some of the strategic and marketing changes that Catholic Social Services is going through, and she asked for student feedback on the case study and how CSS might better reach out to donors. I was impressed by how thoughtful student responses were, and by how passionate everyone was about helping the organization. The experience was a good one for students because it gave them a chance to work on a true marketing issue, and it allowed them to better understand some of the problems that non-profit organizations deal with.
After the break-out sessions, everyone converged downstairs in the U.S Bank Theatre and heard from three keynote speakers: John Rush, CEO of CleanTurn, Liz Geraghty, VP of Wendy’s, and Dianne Radigan, VP of Cardinal Health. The speakers had wonderful things to say about the ways that marketing and business can impact the world for good. John Rush discussed the importance of social entrepreneurship, and how profits are often not the ultimate goal – the goal is to help others. Liz Geraghty discussed what it was like to work for an organization that is closely aligned with its partner non-profit. She explained the ways that Wendy’s uses marketing to spread the word about the Dave Thomas Foundation for Adoption and help get more children out of foster care and into their forever homes. And finally, Dianne Radigan discussed the importance of working for an organization that aligns itself so strongly with helping the community and making a difference.
The event was a huge success, and I think everyone – myself included – learned something. It was wonderful to see undergraduate students, graduate students, faculty, staff, and business professionals, come together to discuss ways to help our local non-profit organizations and ways that marketing can make a positive difference in the community. I hope this event continues in coming years, and I hope that Fisher continues to explore ways to get students involved with giving back and focuses on the ways that marketing and business can be a force for good in the world.
Last Thursday, I attended a Hub event: Luncheon with Kevin Malhame, North Star Cafe.
Hub events are activities that Fisher provides for us outside of classes. There are different kinds of activities such as tours, parties, lectures, and so on. But the most popular activities are opportunities to communicate with business leaders. These activities often begin with the leader’s introduction with his or her company and then followed by questions and answers. These activities are more like informal communications rather than lectures as lunch is often provided and we can ask questions freely.
Mr. Malhame first introduced the process that he started North Star Cafe. I really like his opinion that running a business has some similarities with marriage. According to Mr. Malhame, they both require a long-term, magic relationship. For example, just like you cannot only meet the basic needs of your wife/husband in order to maintain a happy marriage, you must not only meet employees’ and customers’ needs but also make them excited. In addition, you must invest both in your marriage life and your business. You cannot be selfish but devote yourself to “build a beautiful future by servicing others”, as Mr. Malhame referred.
During Q&A part, Mr. Malhame also made several interesting points. For example, some small activities such as receiving a birthday card and having an employees tour can be very useful to motivate employees. This point actually supported what I have learned in class that intrinsic motivation can be at least as useful as money motivation in motivating employees.
I always learn something new from these events. For example, by communicating with HR from Huntington, I learned how diversity creates value to a business. What is more important is that I can link what we have learned in the class to the actual practices. I can also broaden my horizons by knowing different perspectives from different people. Last but not least, I think these Hub events provide us with great opportunities to network, which is of great use for us students to gather information in a certain industry or an organization and make career decisions.
Of course we all want to go to grad school to learn cool new stuff and further develop our skills, however I think the main goal for many of us this year is to get a job. That was my main goal at least.. (sorry professors if you’re reading this).
The recruiting process starts up in full swing right when school starts, and maybe even the week of orientation. There are events hosted on and off campus all the time by the Big 4 as well as many other public accounting firms. It can definitely seem overwhelming, but I’m going to offer a few tips I picked up along the way.
Be yourself! Talk to as many people as you can and really try to find out where the best fit is for you. I know it can be intimidating at times going up to people you’ve never met and asking them all kinds of questions, but that’s what they’re there for! I can honestly say that everybody I met during the recruiting process was so nice and helpful.
Practice Interviewing! The office of career management is there to help and they have some amazing resources. I was able to schedule a mock-interview with Steve Singer, the MAcc director of career management, and it helped a ton. Most of the interviews are behavioral based, and I had never done one before, so meeting with Steve really helped me to figure out what I needed to work on and to be more comfortable with the whole process.
Have Confidence in Yourself! I think that this is a big one for many people. I would say 99% of the students in my MAcc program are very humble and don’t like to brag about themselves. The reality is, we are at one of the top MAcc programs in the country at one of the most well known business schools. We have already accomplished so much, and it’s okay to talk about your accomplishments! Employers are looking for you to talk about times and situations you have worked hard and succeeded so don’t be afraid to have confidence in yourself and what you’ve accomplished. Good luck!
The biggest part of coming back to get my MBA was to pursue a different career than the one I was in. I knew the MBA program would help me make the switch but I was unsure what the process would look like. When would I start interviewing for Internships, what kinds of internships would be available, where would they be located and how much would I make?
The easy answer for all of these questions is: it depends. Marketing, logistics and most finance internships/jobs begin interviewing pretty early in the fall. Investment banks begin interviewing in December and consulting firms start the hunt for candidates in the spring. The experience for each and every one of my classmates has been very different. Most of my classmates have interviewed for multiple internships/jobs. Some have 4-5 offers from various companies, some received offers for their “dream” position and accepted right away and others are still on the hunt.
As for where are the internships and jobs located. I would ask you, where do you want to live? Odds are you will be able to find an internship/job in that location. A perk of coming to one of the largest universities in the United States is a HUGE alumni network.
Career switchers, it is possible. 90% of my experience prior to my MBA was in sales and I currently have multiple offers related to finance in multiple locations – exactly what I wanted.
As for how much you will make. I’ll leave that one to the office of Career Management.
The hunt for an internship/job is time consuming, fun, stressful and ABSOLUTELY WORTH IT!!!
I think it would be helpful for students considering the MAcc program at Ohio State to know that there are not only fellowships, graduate assistantships, and scholarships from Ohio State, but there are also opportunities to receive scholarship money from external organizations.
After applying to Ohio State, I was made aware of the scholarships available through the American Institute of Certified Public Accountants (AICPA). The AICPA offers a number of different scholarships for aspiring CPAs who are attending undergraduate or graduate school to one day pursue a career in accounting. These scholarships are all part of a program called “The AICPA Legacy Scholars Program“. This program not only provides financial assistance, but also teaches leadership skills and allows students to network with other aspiring accountants and accounting professionals.
The four scholarships offered are:
AICPA/Accountemps Scholarship Award: This is a $10,000 scholarship awarded to 4 students
AICPA Scholarship Award for Minority Accounting Students: This is a $1,000-$5,000 scholarship awarded to 80 students
AICPA John L. Carey Scholarship Award: This is a $5,000 scholarship awarded to 5 students
AICPA Foundation Two-Year Transfer Scholarship Award: This is a $3,000 scholarship awarded to 15 students
Recipients of any of these scholarships must perform at least 8 hours of community service per semester to advocate for the CPA/Accounting profession. I recently completed a service event to meet this 8 hour requirement where I went back to my undergraduate institution and presented to the accounting club. I prepared a PowerPoint presentation that included information about the accounting profession, what the AICPA is, information about the CPA exam, and some general career and graduate school advice. I chose to complete my event at my undergraduate school because I thought it would benefit students at a small liberal arts school to learn more about the accounting profession, and having just graduated last year, I felt like any additional advice relating to my future career/graduate school I could have received would have been helpful.
If you are a current undergraduate student who is either going to still be an undergraduate student or a graduate student next year, you should definitely check out the AICPA’s website to see if you meet the qualifications for any of these scholarships!
The other day I had the opportunity to interview Garrett Trebilcock and Taylor Richard, two outstanding SMF students who both got offers from Brown Gibbons Lang & Company, about their experience of the interview process. This is what they had to say.
What made you choose to go with Brown vs. other companies that you interviewed with?
Taylor: The ability to have access to senior leadership. A generalist program which exposes candidates to various industries such as healthcare, industrials, consumer products, energy and environment, and business services.
Garrett: The biggest asset for me was understanding the wide range I would have in assisting with a deal. Since BGL is a middle market bank, I would have access to a variety of roles throughout my time as an analyst.
How was the interview process especially in relation to companies you really wanted to work for versus other companies?
Taylor: At OSU we have Fisher Connect Career services where companies come to interview on campus. Coming here, I knew that I wanted to do investment banking but it was also good to get experience interviewing with non-investment banking firms to get interview experience.
Garrett: Coming to OSU, I was intrigued with investment banking. With investment banking being a hard field to get into, I found it great that there were some firms that would specifically come to campus to conduct interviews. I found that I was more vested with those specific companies that took the time to learn more about me.
Did your trip to New York help cement your future search for careers in New York?
Taylor: I have a background working for a regional firm and want to get back to the middle regional level. There was more flexibility to talk with senior partners that is not found in big bulge bracket in NYC.
Garrett: The trip solidified my intentions for focusing a career in investment banking, rather than thinking about NYC as a location specifically.
How helpful was the career management office with your search for careers?
Taylor: It was especially helpful for a career in investment banking with the resources made available by the office of career management with the addition of professors who have a background in investment banking which had an added value of networking.
Garrett: They definitely did a great job of coaching and providing resources to help us along the way. Also Fisher Connect was a huge asset in scanning for potential employers.
What did you do outside of school to enhance your career search?
Taylor: Took a trip to New York which offered networking opportunities where it helps to breakdown the geographical challenge. Went to career events given by specific firms I was interested in.
Garrett: I already had an idea of what I needed to do, which was mainly to establish business connections. I tried to do my best in working those connections because you never know who would recommend you within an interview process.
What advice would you give to International students trying to get into Investment banking:
Taylor: Start networking early before coming to Ohio State. This is after they’ve already made the decision to come here. Aim for larger bulge brackets because they do sponsor.
Garrett: Connecting with previous OSU Alumni who are in the same fields the students want to be in and asking how they got there. The toughest part is getting your foot in the door, and asking previous alumni for the steps they took to get there makes for a defined path.
I recently was selected for a second round interview with Duff & Phelps in their valuation services department. The entire process has been a whirlwind but incredible nonetheless. It started earlier this year when I walked into our first career fair and saw a big red table with some people in “Duff & Phelps” polos. I was nervous but walked right up and they started talking about the company, what kind of work I would do and what the different offices are like. After dropping my resume, I moved on the next table not thinking that I might have just met a future co-worker.
A few days after the career fair I received an email asking me to formally apply for a position within the firm and maybe I would be selected for a first round interview on campus. As it turned out, I was selected and the interview was going to be a few days later. I was very excited but nervous at the same time. I knew I had some preparation to do!
The first round interview went well but it wasn’t what I expected. I spent a few hours preparing for behavioral and technical questions about valuation and then during the interview, all we talked about was my past, my interests, OSU football and the Atlanta office (ok, there was one technical question about valuing the Coke brand).
About two weeks after the first round interview, I received word that I was invited to a second round in Atlanta! I nearly fell out of my chair with excitement. Over the next two weeks or so, I spent a few hours here and there doing prep questions, learning about different methods of valuation and researching different people within the Atlanta office. I have heard from people at Duff & Phelps and from different web sites like glassdoor.com that second rounds are very technical and may have a case analysis as well. Let’s hope that all this preparation pays off! Atlanta, here I come!
Being in a foreign country, getting used to the new style of learning, hunting for the internship, getting invited to all kinds of events, these can be fun and too much. Even though I barely stop, I still missed something and I didn’t even stop to learn from the things I have already experienced.
There’s an info session every noon with lunch, why not go there. One day, I wanted to get my bag out of the classroom where an info session just ended, but it seemed another one had begun. I still needed my bag, so I went in and didn’t want to leave when I heard a speech given by professor Ankerman. I saw that event on the hub, and it’s for MBA, so I didn’t sign up for it. But it doesn’t seem to matter if it says for MBA. After that, I engaged in all the following lectures about communication skill. They are amazing. And I used the strategy in my class presentation.
Speaking of presentation, I am really surprised that the American students are willing to let me present out the group project, given that my oral English doesn’t always works well, and the presentation matters. I’m grateful for these opportunities and with the tricks I learned from the lectures, the presentation actually went well. What surprises me even more is the kindness of the classmates. Before the class, they will encourage you. Even after the class, they will remember to tell you how nice your presentation is. My nervousness totally turns into excitement. And although the American classmates are native speakers, they can also be nervous about it, just like we do when we give speech in our language in front of a lot of people. It reminds me another important thing I learned from the orientation. We are not the only ones who will have trouble integrating into the new environment.
After the career fair and a series of classes and events, I recalled an appointment I have with my career consultant. When I made the appointment at the front desk, it can only be scheduled after 2 weeks. We don’t usually make an appointment with faculties in Chinese university, but it seems the career consultant here is really a hotspot. I assumed our talk will be finished in half an hour at most, since I don’t have much to say. But when we began the conversation, I actually can’t even stop. Jill is amazing, she can just look at you and come up with all the names or resources you can reach out to. I describe my problem and she can always figure out the core problem and help with it.