March, 2011 Dr. Michael Tidwell, Dean www.bloomu.edu/cob (570) 389-4745 Professional Association Prepares Students for Fraud Examination In an increasingly technology-dependent society, the chance of fraud and fraud-related crimes is becoming a legitimate threat. The Student Association for Fraud Examination (SAFE) is preparing students from all backgrounds to recognize and solve these real life problems, while helping them gain experience and knowledge. The Bloomsburg University chapter of SAFE was the first student chapter to be established and recognized by the Association of Certified Fraud Examiners. Accounting professor Michael Shapeero set up SAFE, which currently has over 70 members. The chapter brings in 3-4 speakers each semester to discuss fraud examination techniques and practices. “We’ve brought in FBI agents, professional law enforcement officers and special agents to speak to us,” says Megan Miller, a senior accounting has organized is a trip to the Internal Controls Office of the Mohegan Sun Casino in Wilkes-Barre, Pennsylvania. The trip, set up by Miller, is intended to give students a chance to observe how casino personnel try to prevent fraudulent activity and the steps that occur if a situation does arise. One of the other reasons students join the club is to build their resumes for recruiters and prospective employers. The group has developed a Gold and Maroon membership policy which, according to Miller, was enacted to show who is really dedicated to the organization. A designation as Ms. Megan Miller Gold Member on a resume indicates major and SAFE president. “They usu- members have attended the required ally discuss the process, or how they number of speeches and meetings. “The credentials and what you can deal with and detect fraud, and pass on their knowledge and techniques to learn from participating is more than a great resume booster,” says Gary us.” One of the new activities the club Stewart Jr., SAFE’s vice president of Financial Management Association Achieves “Superior Chapter” Designation Clubs and organizations are vital parts of college students’ preparations for post-graduation success. BU’s chapter of the Financial Management Association (FMA) is showing future bankers and financial advisers what it takes to make it in a competitive business environment. By scheduling guest speakers, participating in conferences and perfecting interviewing skills, the association is motivating members to get involved and providing ample networking opportunities before students graduate. Involvement in FMA is for students who have an interest in corporate finance, investments, banking, insurance and related fields. The goal is to not only build a strong resume, but provide members with opportunities to better understand current business ideology and promote career development. Due to dedication and the drive to remain competitive, the BU chapter of FMA has achieved “superior chapter” status. According to Lee Herbert, president of BU’s FMA chapter, a chapter must meet an impressive amount of requirements in order to reach a superior ranking, such as bringing in at least eight guest speakers per year and taking tours of financial establishments, such as the New York Stock Exchange, which the chapter visits every year. “The amount of work we put in is what makes us competitive. It really allows students to get engaged and put something official on their resumes,” says Herbert. Some of the group’s most important activities are the resume and interviewing workshops. “We got in contact with Vanguard, the world’s second-largest mutual fund company, because we have a lot of BU alumni there. They do interview and resume workshops with us,” explains Herbert. “Their process is very intense so if you can interview with them you can interview with almost anybody.” FMA recently established an internship relationship with a local business incubator, the Greater Susquehanna Networking Seminar Presents Opportunities for Students and Executives to Interact The Bloomsburg University College of Business stands by the philosophy that success goes beyond the classroom and students must interact with business professionals to reach their full potential. On Thursday, March 31, at Monty’s, the college will host a Student Networking Seminar, an opportunity for students to begin making connections with business executives in a fun and informal setting. “It’s an event designed to get students familiar with the importance of being in contact with the alumni and corporations that we regularly interact with,” explains Michael Tidwell, dean of the College of Business. “It will give students a deeper level of business knowledge that’s not covered in the classroom. It’s about more than just knowing the 5 P’s of marketing, or how to read a financial statement.” FMA cont. from pg. 1 Keystone Innovation Zone, which helps small businesses become established. It has also sponsored fundraisers, but the majority of the group’s aid comes from the university and the College of Business. “The College of Business helps us with financial aid but, more importantly, they help facilitate the relationships that you build with the professors in your major,” says Herbert. “That’s really essential because professors will help you with so much, whether it’s getting a job or helping you on a paper. They supply us with all the fundamental resources we need, and it’s always great to know they’re there to help.” The impetus for the event was the lack of student-alumni interaction. With the thousands of BU alumni willing to help students at their alma mater, Tidwell saw an important, untapped resource that would benefit students immensely. “A lot of students leave with a tremendous network of friends and alums that they never reconnect with after graduating,” says Tidwell. “It’s almost like having a gift that you received on your birthday and never opened.” The student-centered event is another piece of the college’s blueprint for a comprehensive business education that aims to prepare students for post-graduation success. “This event is focused on the students, but it’s also an opportunity to bring the alumni back to show them the good work going on with the fac- Dr. Michael Tidwell ulty and administration, and how the students are growing and developing from all of it,” said Tidwell. “This event will give us a great point of reference for similar events in the future.” SAFE cont. from pg. 1 Mr. Sam Antar meetings and a senior accounting major in the fraud examination concentration. “It’s a great way to start networking because you’re meeting all kinds of people all the time. Having it on your resume is definitely a plus, because some recruiters, especially those who were involved with SAFE, will see that and it may lead to you getting a job.” The College of Business is helping SAFE sponsor a presentation by white collar crime specialist Sam Antar, who will speak at BU later this semester about his criminal past and how his “takes one to know one” philosophy helps him spot criminals committing the types of crimes he was convicted of committing. “We wouldn’t have been able to afford such a prestigious speaker if it weren’t for the College of Business. They put in a lot of work and effort to help us out, even beyond financial assistance,” says Stewart.