1 TheInsiderMedia.com twitter.com/InsiderMediaSSB facebook.com/TheInsiderMedia instagram.com/theinsidermedia Schulich, Let’s connect. Career Development Centre SCHULICH SCHOOL OF BUSINESS TEAM LEADERS EXECUTIVE DIRECTOR Robert Hines, JD DIRECTOR Minoo Bhutani, MBA ASSISTANT DIRECTOR, INTERNA- Phanindra Deonandan, MPA TIONAL MBA (IMBA) PROGRAM ASSOCIATE DIRECTOR, INDUSTRY Lyla Korhani, MBA ADVISING STUDENT ADVISING / EMPLOYER RELATIONSHIP TEAM INDUSTRY ADVISOR, Diana Caradonna, BHRM ACCOUNTING & DIVERSIFIED FINANCIAL SERVICES INDUSTRY ADVISOR, Mike Nadal BANKING & FINANCE INDUSTRY ADVISOR, Amir Khan, BA RETAIL AND ENTREPRENEURSHIP INDUSTRY ADVISOR, BUSINESS Gina Pagiamtzis, BA ANALYTICS AND TECHNOLOGY CAREER ADVISOR Lisa Pierosara, BA OPERATIONS TEAM RECRUITMENT ASSISTANT Khushbu Chokshi, BAS COORDINATOR, EVENTS AND Rose Lucibello, BA COMMUNICATION COORDINATOR, Sybil Massey, BA GRADUATE AND INTERNSHIP RECRUITING PROGRAMS CO-EDITOR-IN-CHIEF Zenith Taskin CO-EDITOR-IN-CHIEF Jungmin Lee MANAGING EDITOR Victoria Granova CTO Joseph Simile MEDIA ASSOCIATES Sajal Nazir Dardan Emini Saifullah Chaudry ART DIRECTORS Basilio Bagnato Daniel Gary Brendan Wu CONTENT DIRECTORS Samiha Maisha Max Zhu MARKETING DIRECTOR Catherine Lu MARKETING ASSOCIATE Jessica Yuen PHOTOGRAPHERS Basilio Bagnato Joseph Simile Max Vidricaire STAFF WRITERS Daria Migounova Priyadarshini Roy Andrea Trozzo PRODUCTION DIRECTOR Rebekah Haeun Lee FINANCE DIRECTORS Mitul Shah Fahd Chattha ASSOC. FINANCE DIRECTOR Usman Ahmed CORPORATE RELATIONS DIRECTOR Joseph Truong CONTENT EDITORS Neema Motamedi Sajal Nazir Tatiana Tsoi Harris Khan Dardan Emini CAREER CENTRE ASSOCIATE Ricardo, Rivera, BA CHINA OFFICE CHINA CONNECTIONS MANAGER Jonathan Cheung, MBA INDIA OFFICE INDIA OFFICE PARTNER Imran Panju, MBA INDIA OFFICE PARTNER Subhabrata (Rontu) Basu RUSSIA OFFICE the INSIDER Schulich School of Business, Suite W034F York University 4700 Keele Street, Toronto, Ontario M3J 1P3 (416) 650-8082 www.insidermediagroup.org info@insidermediagroup.org RUSSIA OFFICE PARTNER Alina Pekarsky S. KOREA OFFICE S. KOREA OFFICE PARTNER Sunghoon Lee The Insider Media Group is the official student voice of the Schulich School of Business, York University. We welcome submissions from students, faculty, alumni, staff and community members. The Insider Media Group reserves the right to edit, publish and republish all submissions. No submissions, published or unpublished, may be reproduced without permission. All submissions to the Insider become property of the Insider Media Group and are subject to the Insider’s publishing standards. The opinions expressed in the Insider do not necessarily reflect those of The Insider Media Group. First Year Survival Guide 6 A Note on Personal Branding 8 Three Tips for Fall Recruitment 9 Tips About Attire 10 Having Trouble Finding a Fulfilling Career Path? 14 Recruitment - From Type Writer To Twitter 15 How To Slay the Networking Dragon 16 10 Steps to Preparing the Perfect Presentation 17 Four Business Student Must - Reads 19 Suit Up! Try a Career in Corporate Law on for size 20 The Consulting Practice: Defined 21 How Accounting Chose Me 22 4 Table of contents Understanding Schulich Culture 5 Understanding Schulich Culture Hidden Exposure Sajal Nazir BBA 2017 Picture this: you graduated high school with an outstanding report card. You entered an elite business school with a few hundred other capable individuals who all happen to be just as determined as you. Not only are you overwhelmed just a tad, you are also flustered. The school environment differs heavily from high school and you don’t know if it is a change to which you can adjust. You have many questions and are not really sure where to find the answers. You are in the process of making friends but are overwhelmed by all the new faces. All in all, there is just so much change happening around you, and adapting to it seems like a challenge. If you associate with even a fraction of the description provided above, then you are in the same boat as your peers. First year of university is an extraordinary experience which may seem stressful and overwhelming at times, but it is a rewarding experience nonetheless. A major part of university is about finding your passion. Everyone is passionate about something, whether it is public speaking or reading. You will always find people who have similar interests as you. 5 The first step to starting out in a different place is finding like-minded people. Schulich has numerous clubs and other activities that you might enjoy. If you have not found anything that interests you, try creating that opportunity. When you find people who are passionate about the same things as you, there “Some people are naturally outgoing and can get along with anyone, but others have to work toward being social. Try to challenge yourself and make it a goal to be that person who goes up to people and strikes up conversations.” is an instant connection. Try joining as many new clubs as you can. Be open to different clubs dedicated to various specializations; you may think you do not like Finance now, but you may change your mind two years from now. Remember, first year is all about figuring out what you like and experiencing as much as you can. Joining clubs is a great way to meet new people, to connect with upper-years, share experiences and explore more opportunities that would not available to you otherwise. Immersing yourself both socially and academically is equally important. Connect with as many people as you can. The Facebook group for 2018s is an excellent medium through which you will be able to ask questions and get help, as well as have the chance to interact with your fellow classmates. Some people are naturally outgoing and can get along with anyone, but others have to work toward being social. Try to challenge yourself and make it a goal to be that person who goes up to people and strikes up conversations. I can guarantee you that your not-so-positive thoughts on commuting, dispassion for 8:30am lectures and criticisms about the coffee served at Timothy’s may be reciprocated by not only first-year students but by everyone attending Schulich. As you may have heard before, the magic happens outside your comfort zone, and I can assure you that these famous words are just as true in Schulich as in the real world. First Year Survival Guide Tips on Handling the Workload Daria Migounova IBBA 2016 You have made it into Schulich. Congratulations! You have put a huge amount of effort into your supplementary form, you have volunteered for more hours than you thought possible, you have made time for impressive extra-curriculars, you have hunted for well-written letters of recommendation, and you have maintained a steady A-average. For this, you deserve a pat on the back. However, this is only the beginning of your undergraduate career. If you have chosen this school and successfully powered through the application process, then you are undoubtedly capable of rising to the challenge. Here are some tips gathered through personal experiences and advice from upper-years on how to adjust to the increased academic workload in your first year. Do not underestimate the course load or procrastinate Immediately after the first week, consisting mostly of introductions, the academic ball starts rolling. You may be assigned projects that are due weeks or months from now; however, you will quickly find that course due dates often overlap, and Unsplash 6 midterms fall on presentation dates along with 12-page papers. Some readings may seem unimportant and some assignments may seem easy, but when things pile up, the difficulty level rises exponentially. If you know that Tumblr or Facebook will distract you, try to stay away from If you have chosen this school and successfully powered through the application process, then you are undoubtedly capable of rising to the challenge. the Internet while working. You can reward yourself with cat videos once your BPTP is finished. Go to class It always baffles me when students claim, “Oh, I never go to that class.” Why? You paid the tuition – why not get your money’s worth? Yes, there are courses that follow a textbook directly and have no class participation; however, in most courses, the class discussions are an essential element of learning and the professor’s explanations offer better insight than the textbook. Knowing people in your classes gives you study-buddies that you can message at 1am to confirm if there was any homework. Do not get discouraged Some classes in your first year may seem very difficult (not to point fingers, but I’m looking at you, stats and accounting). There will be certain concepts that you will not grasp immediately and quizzes that you may fail. Do not let this get you down – grades can always be saved. I went from nearly failing a midterm to finishing the course with an A. The most important thing is to understand what you did wrong and improve. Take your assignments and tests back and use them to study. Talk to friends who did better – what did they do differently? Always ask your professors for advice: they are more than willing to help. Get help if you need it If you do not understand a concept right away, ASK. It will only get more complicated. Learning multiplication is very difficult when you have yet to master addition. You have many helpful tools available at your disposal. Ask your friends, and have your friends quiz you. Oftentimes, two heads really are better than one. Look up the information on the Internet. Most importantly, ask your professors. Sleep and socialize From a health perspective, do not let work take over your life. An v Be Balanced Socialize Connect all-nighter or two might be okay, but sleep is necessary for proper brain function. You have your entire life to stress and to worry; do not exhaust yourself in university. On that note, remember to go out and have fun when you can. Take your mind off of economics and go see a movie, then hit the books again when you feel refreshed. Do not leave everything until the last minute When you are scrambling to get something done the night before (or morning of, as I have seen happen), it feels awful. Do not put yourself through that stress. Plan a day in 7 advance to finish a project. There are many workshops designed for first years to help you cope with university life. Take full advantage of them. You left everything until the last minute – now what? So, you messed up: you have two assignments and a presentation due tomorrow and it is already evening. First things first: do not panic. Anxiety makes everything a hundred times worse than it needs to be. Second: do not complain. Telling your friends that you are “definitely going to fail” will not help your case. Instead, put the world on hold for a little while and concentrate. Third: just do it. Take deep breaths and try not to think about time or about the amount of things you need to do. Complete small tasks one by one and slowly you will claw your way out. Make sure to take it step by step. If you cannot finish everything, at least try to finish something. It is better to have one completed assignment than three half-done assignments. Fourth: do not let it get to this point again. Good luck, class of 2018! A Note on Personal Branding Lyla Korhani Associate Director Industry Advising, CDC Defining Personal Branding The concept of ‘Branding’ is mostly associated with marketers or careers in brand management and is typically used to define a product or service. However, in this tough job market, branding oneself has become more and more important. Essentially, personal branding is a way to make yourself stand out. Simply put, “Your brand is what people say about you when you’re not in the room” (Jeff Bezos, Founder of Amazon). As such, it is even more important to ensure the brand you have chosen is in fact the one you want conveyed. We brand ourselves on a daily basis without even knowing. Your behaviour at corporate recruiting or networking sessions, your attitude towards the receptionist at the company you are interviewing with, or your presence online (Facebook, LinkedIn, Twitter) all leave an impression with people; hence your brand is created. Discovering your Strengths What are the three words that describe you? That is a tough question and not one that many people think about on a daily basis. But knowing your three key strengths is a good start in establishing what your brand could be. People are complex and may have many strengths, yet you want to focus on what is relevant. In brand management, key success factors include thinking outside of the box, knowing how to push ideas, and being results-focused. An investment banker may need to be trustworthy, have the ability to influence others, and have a quantitative mindset. A consultant has to be good at research, be a problem solver and critical thinker. Each career has its areas of focus and you may have all of these strengths but only want to showcase the ones that are relevant to the career you are focused on. Developing three areas of strength is a good start in creating a brand statement that best describes you. If people do not know you or know of you, having a personal brand won’t matter. Spreading the Word A product or service is only as good as it is marketed. And so is one’s brand. If people do not know you or know of you, having a personal brand won’t matter. When you are in a job-hunting mode you want to be especially mindful of spreading the word. Your resume, cover letter, business card and online profile all are important marketing tools. Whatever you decide your brand to be, it should be consistently communicated via these channels. Online vehicles such as LinkedIn and Twitter have become more and more prominent in communicating your brand. Staying professional using these channels is a given. While Facebook is a great social network it is also used by professionals to get a better understanding of you and your brand. As such, your online presence does not only include professional networks but also your usage of social networks such as Facebook. Branding oneself is not a concept that comes naturally to everyone; however, understanding the importance of it and realizing that ‘standing out’ in this competitive marketplace is a must, motivates people to establish a brand for themselves. Personal branding is important at every stage in your career, especially when you are starting out. LinkedIn 8 Hidden Exposure Three Tips for Fall Recruitment Nikki Simone, Manager Campus Recruiting | RBC Recruitment (Royal Bank of Canada) Hard to believe, but it’s back to school already. Fall recruitment season with RBC is full of opportunity, but it is also very competitive. How can you stand out amongst your competition? Building a strong personal brand through networking in todays’ market is absolutely essential, but how can you get started? These 3 easy steps can help anyone new to networking get top marks this recruiting season! Step 1 - Be Inquisitive With all the amazing websites, social media campaigns and interactive recruitment platforms, it should be easy to learn about the companies you want to work for. So why aren’t more people prepared for interviews and networking sessions? It is hard for many students to network – it can take them out of their comfort zone. So take baby steps and start with your Career Development Center (CDC). Your CDC is full of advisors and coaches that are there to assist you with all aspects of your career search. Put together a plan and stick to it. Next, try social media platforms such as LinkedIn. Alum sites and Company Groups, like our RBC 9 Campus Recruitment Group, can provide you an opportunity to actually meet individuals that have your ideal job! You can also provide articles and make comments – become a thought leader with your potential colleagues and get to know more about the culture and the work environment. Ensure that this really is a company where you would enjoy having a career. Step 2 - Don’t underestimate first impressions Treat every networking discussion or event like an interview and come well prepared. Treat every networking discussion or event like an interview and come well prepared. Your personal brand is extremely important to build and maintain, so ensure you are professional from your verbiage to your attire. Do not cut people off and try not to monopolize the business representative’s time. Be punctual, polite and do not forget that companies are looking for authentic people. Your personality is one of your greatest assets. Don’t try and be someone you’re not - be the best YOU, you can be! Step 3 - Stay Connected Do not be afraid to ask representatives if you can follow up with them, or if they can put you in touch with someone else that might give you more of an in-depth understanding of the role in which you are interested. In your written communication, keep things concise. Make follow-ups brief and listen to what the hiring manager or recruiters tell you when they explain how to connect with them. It is also important to discuss the connections you made during your application process. When you prepare a cover letter, include the events you attended and the names of the representatives you connected with. Show them how prepared you really are! With fall recruitment comes great opportunity, but you need to separate yourself from your class. Building your personal brand with potential employers is an absolute must. Ideally, networking starts well beyond your job search, but there is no time like the present to begin. Although it can be a daunting process, break it down into the 3 steps, and go after the career of your dreams. Hidden Exposure Tips About Attire Priyadarshini Roy BBA 2017 Invitations to various business events are commonplace for business students; however, conforming to the various dress codes can be confusing. There is a lot of lingo in the world of business dress codes, and this article aims to clarify to the reader the various types of attire that are appropriate for each event. “Casual” never means just casual. Professionalism and courtesy are always expected. For the Ladies “Casual” never means just casual. Professionalism and courtesy are always expected. Here are some pointers to keep in mind when picking an outfit for a casual business luncheon or a workshop. A great way to stand out during a casual business event is to wear bright colours paired with a jacket and pro- 10 fessional jeans, boot cut preferably, or slacks. Boots are a great way to complete the ensemble. However, t-shirts containing glaring colours with large or offensive logos will not give off a proper first impression. While fashion trends often gear towards see-through, tight or torn clothing, that is not the type of “casual” that is implied. Anything that illustrates something inappropriate is out the question as well. The bottom line is: think classy, not tacky. “Business Casual” may sound laid-back; however, propriety and decorum are still expected. While dress pants are not always a necessity, pants should at least be a dark colour. Buttoned shirts and tops are a great choice, as are dresses. Sweaters are great for this occasion as well; they are modest, comfortable and go well with black pants. Athletic shoes, tie-die belts and garish multi-coloured apparel should not be worn. Clothes should be ironed for an overall put-together look. Shoes can be used to accentuate the outfit, and add a bit of flare to an otherwise professional look. An overall well-groomed appearance is also a must. “Business Formal” entails a strict dress code in the world of business. Close attention should be paid so that skirts are knee-length while standing. Events that call for business formal attire include interviews, networking, and meals with important individuals - so appearance is vital. Light or dark grey, navy and black are all acceptable colours, and dress pants are a must, along with a blazer. Shoes should be comfortable, as these events require quite a bit of walking around, and hobbling around in uncomfortable high heels does not imbue one with a sense of professionalism. Dress-shirts always need to be tucked in, and this is not a recommendation - it is mandatory. For the Men For casual attire, the difference between men and women is not significant. However, men are burdened with fewer options. Capris are not recommended; it is advisable to wear something that goes down until the ankles, such as dark-coloured jeans or flannel pants. Dark-coloured T-shirts are ac- ceptable, and so are running shoes, but sandals are definitely not. Button-down shirts, along with pastel or dark coloured sweaters can be worn for chillier weather, but hoodies and windbreakers should be left at home. Baggy pants, shirts, and too-casual sweaters are simply not acceptable. It does not matter whether the setting is “casual” or not, clothes should complement one’s frame, not hang off it. When in doubt, it is always best to go with something that is formal. While “Business Casual” does not call for the fanciest suits, clothes do need to be ironed and pressed. It is still perfectly fine to wear something under your long-sleeved dress shirt. Something like a crewneck should not be peeking out. Dress shoes and loafers should be polished as it is a great way to appear fashionable and stand out from the rest of the crowd. Loafers should be either a dark brown or black. A shirt with a collar and a nice jacket are also a great choice, and jackets are both fashionable and functional, as small items such as phones and business cards can be stowed away safely in the pockets. Pants can be jeans provided that they are not denim but of a darker colour such as grey or black, slim-cut, ironed and well-fitting. It is advisable to avoid carrying unnecessary items around as it takes away from the overall appearance of professionalism, but if it is a necessity to have certain items in hand, it is best stowed away in a smart looking briefcase or a professional shoulder bag. “Business Formal” for men does not leave much room for creative interpretation. There is a choice between dark tailored suits, white or blue shirts, ties and cufflinks. Socks should not be kaleidoscopic; dark grey or black is recommended. It goes without saying that shirts should be buttoned-up fully, and the aforementioned shirt should be a dress shirt. Heavy shoes, like boots, are not suitable for this type of setting, neither are open-toed shoes. Men should also remember to tuck in their shirts and wear a nice leather belt for good measure! chcp.edu Hidden Exposure 11 Hidden Exposure 12 A Closer Look at The Executive Learning Center: General Manager Scott Lannan Speaks of Improvements Dear Schulich Community, enhanced selection for guests who return on a regular basis. We continue to offer our weekly Special Dinner Menu of a soup or salad served with a special main course including tea or coffee for $15. This special is great for a quick meal before evening classes. Students, staff and faculty are most welcome! Serving staff in all our facilities are in new uniforms. Furnishings have been refinished and at the end of term new carpet and dining room chairs will be installed. Over the summer months we have instituted a number of positive changes to improve our food and hospitality services at the Schulich School of Business. You will begin to notice the improvements and we shall be introducing more changes as the term progresses. Our new food items were developed by Chef Kris Kralj and Sous Chef Jerek Bowman who will be more visible this year. Their goal is to provide food that is fresh, healthy, and flavorful, at competitive prices. Guest Accomodations: With changes to 15 of our 60 guest Schulich Market Café rooms we now offer a choice of queen, Timothy’s has been changed to the king, and twin beds. All rooms have “Schulich Market Café” and we are now been refurbished with new flat screens Proudly Serving STARBUCKS. We chose TV, IPOD clock radios, and new upgraded Starbucks for their quality coffee and bed linens. The Penthouse Board Room strong brand recognition. New refrig- has been expanded to seat 28 guests and erated display cases are stocked with in the weeks ahead we will be introducing a much greater variety of products in a a club service available on certain floors. “grab-and go” format. The Café offers We encourage the Schulich community sixteen varieties of sandwiches on a se- to consider our guest accommodation lection of fifteen breads, on a rotation- for events, visiting faculty, meetings, and al basis. There are six varieties of grab even overnight stays in bad weather for and go salads along with Protein Packs, which we offer a special rate of $79 to our Cheese and Crackers, Vegetables and community. Please forward any enquiries Dip, and other assorted snack food. Crys- directly to me. tal Falcione, whom most will recognize from her Timothy’s days, is Manager of In the coming weeks, I hope you will have the Schulich Market Café. Crystal and her a chance to enjoy the changes and expeteam look forward to serving you. rience the variety of menu choices. Above all we shall strive to offer a level of service Tuchner’s Pub & Eatery: commensurate with the reputation of the Tuchner’s will continue to offer a variety Schulich School. Welcome back. of Sub Sandwiches, Pizza including Chef Kris’s “Signature Pizza”, plus a similar selection of “grab-and-go” items ofSincerely, fered at the Schulich Market Café. New items this year are featured in our new Scott Lannan refrigerated display case and include a General Manager selection of fresh salads, produced daily. Executive Learning Center We have also introduced twelve new Panini sandwiches and will offer Panini choices with daily rotation. In addition to the Traditional Grilled Cheese, we also offer a “Signature Grilled Cheese Sandwich on Sour Dough Bread with Smoked Provolone, Maple Smoked Bacon, and Caramelized Onions. A new 65” flat screen TV has been installed at Tuchner’s so catch the action, whether you enjoy sports or soap operas. Hope to see you there for lunch, dinner, or snacks. Executive Dining Room: The Executive Dining Room menu offers a number of new items and this menu will be changed weekly on a rotational basis. This offers greater variety and an 13 Having Trouble Finding a Fulfilling Career Path? Phanindra Deonandan Associate Director Career Education, CDC & IMBA More often than not, we end up making poor career choices for a number of reasons: yielding to family or societal pressure; rushing into a career without learning enough about the work culture and your fit; or, being seduced by money or status. The result: unhappy and unfulfilled career paths post-graduation. So, how can you possibly uncover what will take you on the path to a fulfilled career? We can all benefit from a plan which includes some self-work and research before making that final decision. Self Assessment Who are you and what do you bring to the table? What are your interests, motivators and skills? What types of organizational cultures would be the best or worst fit for you? What do you value? Answering these questions should be the starting point in your search and self-assessment tools can provide you with highly relevant information that can provide the foundation of your career planning process. During a self-assessment you will gather information about yourself, including an analysis of your values, interests, and abilities that will enable you to make more informed career choices, which is essential when considering both your short-term and long-term career goals. Self-assessments can also help you to identify what is most important to you in an employer and in a job, thereby increasing your chances of long-term Self-assessments can also help you to identify what is most important to you in an employer and in a job, thereby increasing your chances of long-term employment satisfaction. employment satisfaction. The CDC offers a fully integrated business career self-assessment tool, CareerLead- 14 er (for MBAs)/ CareerLeader College (for BBAs), free to all Schulich students. CareerLeader frames your interests (application of technology, quantitative analysis, etc.), motivators (financial gain, security, altruism, etc.), and skills (communication, conflict tolerance, etc.) in the language and concepts of the business world. To lead a satisfying and ultimately successful career, you will be prompted to think about those areas in which you have a genuine interest, not just the appropriate skill level. Take note, the CareerLeader Assessement will not give you a strategy on how to achieve your goal, but it will generate some great points for exploration and discussion with an advisor in the CDC who can help craft a search with these factors in mind to avoid many potential career frustrations. There are a variety of free online tools to help you gain further insights into determining personal values: Employee Values Motivations Exercise, which can be found at the link http:/www sustainable-employee-motivation.com/ personal-values.html (a site devoted to building and sustaining employee motivation), and Informational Interviews: After doing some research online about a target function or industry, try out an informational interview to learn more about real-world applications. This basically involves talking with others who are currently working in your target field to get a better understanding of a particular job function or industry. Survey those you know - classmates, professors, alumni, past employers, your dentist (seriously, you don’t know where the next great lead might come from). Also use LinkedIn, as it offers a wealth of information at your fingertips. Send a polite, well-crafted message, asking for 15-20 minutes to learn more about roles, challenges and even how someone got started in his or her career. Indicate that you have done some research and would like to verify or clarify some items and applications to their real-world environment. Have a list of questions ready to ask and ensure that you adhere to the 15-20 minutes they have allotted. Use the information gleaned from online guides to craft your message. The Jung Typology Test which can be found at http://www.humanmetrics.com/ cgi-win/jtypes2.asp (which is a free personality test along the lines of the Myers Briggs Type Indicator). Speak to a CDC Industry Advisor: The CDC has industry-focused counsellors with relevant industry and functional experience to assist students with their specific needs. An advisor can give you more indepth information about the function or industry you might be considering in your career exploration stage, and also give you a better understanding of whether your values, interests, skills and motivators will be a good match for your target career. Research This should be an integral part of your career exploration after completing some self-assessment work and might include: Online guides: The CDC offers a number of online resources which can help you with additional information related to your research. One very helpful resource is the popular Vault site, accessible from CDC’s Career Portal, which include extensive industry guides, career guides, top employer profiles, and career advice. Finding a fulfilling career requires some important ground work. Start with you (your interests, motivators, skills) and work your way up: where can you gather more information? Who are the people who currently work in your target function or industry? What can you learn from their experiences? Doing this important leg-work upfront is paramount to ensuring you make the right choices from the outset in order avoid many potential career frustrations. Recruitment: From Type-writer to Twitter Unsplash Minoo Bhutani CDC Director Stepping back in time: In the 80’s and early 90’s, jobs were physically posted on job boards, job applications were typed on a type-writer, sent by mail (remember - Canada Post, stamps, mailmen!) to companies, or applicants personally dropped their packages at the company itself. Been there, done that. Fast forward a few years into the late 90’s and something called the internet takes over – people use email and not mail to apply for jobs. There are no more type-writers - now computers and websites replace the physical job boards. Recruitment time drops. Moving ahead on the time-machine to around 2004 -05– computers become portable, big bulky cell phones become sleeker and smarter, and we start getting introduced to things such as Facebook, Google, LinkedIn, E-bay, Amazon, Twitter, YouTube, Skype. We start connecting socially over the Internet; distance and time stop being a barrier. We begin to know more in real-time, with no boundaries. Everything is accessible. What started as a social phenomenon has now become a tool to brand, connect, buy and sell for everyone and every function. Recruiters, companies and applicants 15 start using social media as their platform. 78% of companies used LinkedIn in 2010, which rose to 93% in 2012. Recruiters have overwhelmingly moved to social media sites, such as LinkedIn, Facebook and Twitter as demonstrated below: Social Media is now your brand – whether you use Facebook, LinkedIn, Twitter, YouTube, or any other resource. Be aware of how you are perceived. Recruiters are looking at your social media brand, and, Treat every networking discussion or event like an interview and come well prepared.” if managed well, it can be a powerful tool for you. It is becoming more important than your resume. Keep your LinkedIn, Facebook and Twitter accounts professional at all times, highlighting your experiences and uniqueness. If you are using Facebook as a purely social tool, then limit access only to your friends. Treat LinkedIn as your online resume and use this tool in your initial networking efforts to connect with alumni and recruiters. Update your profile and your experiences on a regular basis. Join groups on LinkedIn that are related to your career goals, and be part of the discussions. It is a great venue for you to contribute information and indirectly brand yourself. Build relationships and credibility. Remember – always give and take; do not always be a taker. Share what you know on a regular basis. Twitter is an amazing tool for you to share relevant articles with your followers, and engage in discussion. More and more companies are now posting opportunities on LinkedIn, Facebook, and Twitter, and it is your responsibility to be connected to the right groups. All large companies have dedicated recruitment resources on social media to connect with you. Join these groups to know more, and use your network wisely to research the firms through formal and informal channels. It will help you better understand the true culture of the firm and connect to people working there. Just remember – educate, connect and brand yourself. Connect with me on twitter: @Minoo_at_CDC How to Slay the Networking Dragon Andrea Trozzo BBA, 2017 For many first-year students, there is nothing worse than being asked to network. Networking comes naturally to some, though these lucky individuals are few and far between. For many of us, we become actors and actresses that transform ourselves into the most difficult character possible: a natural, passionate, and genuine version of ourselves. Networking can take on an awkward tone – seemingly forced, fake and filled with an inherent opportunism – that can make the entire experience distasteful. With practice, however, you can become a networking pro who quickly navigates to common ground and leverages those opportunities into lengthy conversations and lasting impressions. Override your concern about the self-interest of networking by adding value to your conversation through confident energy and sincerity. As someone who is generally shy when meeting new people yet genuinely in- Unsplash 16 trigued by conversations, my first taste of the world of networking and self-marketing was complete with its ups and downs. There were times when I fell flat on my face; in others, I was able to brush myself off and ultimately grasp its golden trophy – a business card and an internship from a recruiter. Here are a few tips, tricks and insights that will hopefully aid your growth as a masterful self-promoter: When you meet a genuine individual who is interested in getting to know you, how do you react? You feel flattered and enjoy the chance to share your interests. This does not change for someone meeting you – in fact, if it feels even a little opportunistic, replace the word “networking” with the phrase “making connections with interesting people”. Override your concern about the self-interest of networking by adding value to your conversation through confident energy and sincerity. This genuine enthusiasm is essential in making even the most uncomfortable situation seem a bit more self-assuring and helps keep your nerves under control. Networking is about connecting with people. It requires two essential skills: asking solid questions, and actively listening to the responses. Through active listening techniques (such as nodding your head and maintaining eye contact) and visible displays of your interest, you can strengthen your initial relationship with a recruiter. Make sure to have a few handy questions ready – at a conference, you might ask: “What is the most valuable thing you’ve heard today?” while questions such as “Who do you recommend I meet while I’m here? Would you introduce me?” are more appropriate for a social event. Nevertheless, if you find yourself in a group situation where a recruiter is not including you in the conversation – try to avoid hovering and politely remove yourself. Lastly, and perhaps most importantly, recognize that becoming a networking expert will take time. After all, this is a time of change in your lives – new school, new friends, and a heavier course load. Your first year at Schulich will be full of adjustments and, similar to every aspect of your school life, networking is yet another one of them. Embrace the challenge and, in no time, you will find yourself getting into stride and becoming a confident, poised expert on yourself. 10 Steps to Preparing the Perfect Presentation Daniel Gary BBA 2017 1. Understand your audience We’ve all suffered through presentations that are either condescendingly simplistic or go way over the audience’s heads. Explore the background knowledge of your audience and what they expect to hear from your presentation. 2. Brainstorm/Research Become an expert on your topic! Learn everything you can about your subject, and show a genuine interest in the content at hand. This will come out as confidence and enthusiasm in your presentation. 3. Outline Create a clear outline for your presentation. This allows the audience to stay focused and gives credibility to your presentation. 4. Build a narrative The best presentations do not feel like presentations. They are stories crafted by the speaker specifically for the audience. The start of your talk should have a hook that commands the attention of the audience. Stories have problems and resolutions. In your presentation, identify an issue and convince the crowd of your solution. Create your presentation as a vivid story, holding the audience’s focus with rich details and descriptive language. If the story-telling format does not work for your presentation, consider using anecdotes throughout the presentation to add interest and exemplify concepts. 5. Write the script The decision to script a presentation is a hotly debated topic. Writing a script allows presenters to: • Speak to what their slideshow doesn’t display • Capture and repeat the nuances of their speaking style • Feel confident and comfortable • Avoid memorizing your script or reading from it during the presentation - use it as a guide to your conversation. 6.Design Your Visuals Just like your talking points, your visuals should be designed to tell a story. Experts recommend keeping to a maximum of 30 words per slide, but some of the most powerful slides have less than five. If you are pressed for space, consider moving the information to a handout format. Maximize your use of visuals on the slideshow. Full-screen images look stunning when projected to provide the dramatic backdrop that your speech deserves. Your slide deck should complement the presentation; never use it as a teleprompter. The most brave presenters feel comfortable nixing the slideshow altogether, which brings the audience’s full attention to the speaker. 7. Delete Stay true to the saying that “Perfection is achieved not when there is nothing left to add, but when there is nothing left to take away”. If part of your speech seems repetitive or unnecessary, cut it out. Even if your presentation falls shorter than you expected, your audience will appreciate that you respect their time. 8. Practise, Practise, Practise Rehearse your speech until you feel comfortable with how the words flow out of your mouth. This may take dozens of Hidden Exposure 17 Hidden Exposure “People who know what they’re talking about don’t need Powerpoint” -Steve Jobs Pitch Your Talent Hidden Exposure times, but for your audience – it’s worth every minute. A few tips: • Keep your script and a pen handy. When you think of a good analogy, phrase, or joke, add it to your script. • Don’t practise your gestures. Doing so will make your body language look unnatural and you may find your hand gestures mismatching the rest of your body language. • Practise in a location similar to the presentation room. At minimum, practise standing up, projecting your voice to the fullest. Try to simulate presentation day as much as possible. • If you are presenting with a team, practise several times as a group to make the transitions seamless. A team is only as strong as its weakest link! • Prepare what you will wear in ad- 18 vance. It is generally accepted advice that presenters should dress similarly, or slightly better than their audience. Make your crowd feel comfortable. Your job is to either convey your topical insight, or to convince the audience of your point. If you do this properly, you will not need to rely on your clothes to impress! 9. Present Thanks to your efforts in preparing and practising your presentation, you are ready to grace the audience with your words! A few tips at this stage include: • Remember to talk slowly, clearly, and loudly. If you tend to slur your words, focus on pronouncing the last letter of each word. • If you feel nervous, chew gum immediately before your talk. It is shown to curb pre-talk jitters. • After your speech, do not close with a feeble or insincere “thank you”. The audience should be thanking you! 10. Follow Through Offering a question period after your presentation gives time for the audience to digest your information on a personal level and clarify any ambiguous content. When hosting the question session, act as a moderator to the conversation; try to stimulate a group discussion rather than a back-and-forth exchange. Many presenters are nervous of the discussion period, but – thanks to your research from step two – this is your time to shine! Make your confidence, enthusiasm, and topical knowledge apparent by answering questions in simple terms. Four Business Student Must-Reads Max Zhu, BBA 2016 Victoria Granova, BBA 2015 Below is a recommended list of books that should be gracing every Schulich student’s bookshelf, whether that bookshelf is in a corner of your room or on your Kindle. Barron’s How to Write Better Business Letters by Andrea B. Geffner While IMs and shorthand dominate present-day business communications, HTWBBL is the perfect go-to reference for drafting that perfect document to any client or manager. With over 70 letter templates – ranging from formal business announcements to declining a job offer – Geffner offers a comprehensive set of writing styles for every business need. A mastery of its material will equip the modern worker with communication skills to help them seamlessly transition to new workplaces and avoid the pitfalls of sharing incomplete or incoherent messages. If you have ever felt at a loss when writing a business e-mail, this is a mustread (and -buy) handbook for you. Creativity, Inc.: Overcoming the Unseen Forces That Stand in the Way of True Inspiration by Ed Catmull Published in April, Creativity Inc. explains 19 the creative backstory of Pixar co-founder and president Ed Catmull. As one of the leading animation film studios in the world, Catmull shares the various means through which he has sustained a disciplined, yet creative, organizational culture over the past 28 years. Full of memorable quotes – from “If there is more truth in the hallways than in meetings, you have a problem” to “Failure isn’t a necessary evil…it is a necessary consequence of doing something new” – this book is highly relatable to individuals on every level of the organizational hierarchy. Even if you These books should be gracing every Schulich student’s bookshelf, whether that bookshelf is in a corner of your room or on your Kindle. dislike change, Creativity Inc. is a great guide for discovering the type of employee that all managers would appreciate. Getting to YES: Negotiating Agreement Without Giving In by Roger Fisher and William L. Ury. This 1981 best-seller has been extremely popular in business schools across the globe, from here in Toronto to smalltown schools in France. This book focuses on the psychology of negotiation and explores the pros and cons of using various popular negotiation tactics (and yes, this includes “dirty tricks”). Seeing as we negotiate constantly in our daily lives, this book is sure to sharpen your reasoning and - regardless of whether you are interested in a career in politics - polish your debate skills. Swindlers: Cons and Cheats and How To Protect Your Investments From Them by Al Rosen and Mark Rosen This is a must-read for all, no matter whether you are a student intending on specialising in accounting or in life. This cautionary tale reveals the gaping holes in the Canadian financial system and discrepancies in our regulatory systems. The book explores several major financial frauds and imaginative investment scams, including Nortel and BITS (Business Income Trusts), and criticises the recent adoption of IFRS. The moral of the story is that Canada needs more independent regulatory bodies to fight on behalf of shareholders, and the current system is simply not safe enough - even for sophisticated investors. We hope you enjoy these when you have the chance! Suit Up! Try a Career in Corporate Law on for Size Slavica Stojimirovic Articling Student, Stikeman Elliott LLP IBM If you are the type of person who immediately reaches for the Business section of the newspaper,the type who gets more excited about the impact that Verizon’s entrance into the Canadian telecommunications marketwill have on federal competition policy than on your monthly phone bill, or the type who is more curious about how Saks obtained the financing for its acquisition of HBC than about which new brands will now appear on the racks at The Bay retail stores, a career in corporate law might be just the right fit for you (though we like cheap mobile service and cute shoes too!). An interesting thing about business school is that while we discuss how to hire the right people for our organization, how to market ourselves to new clients, and how to calculate the value of our current assets, we are seldom exposed to how intimately involved lawyers may be in each of those decisions. For example, are your employment interview questions inadvertently contravening the Human Rights Code? Do the commercials you broadcast contain misleading or deceptive messages that could expose you to liability under the Competition Act? Are those company assets subject to seizure by a secured party under the Personal Property Security Act? A businessperson wants to focus his or her energies on increasing the organization’s bottom line. The regulatory “hoops” through which they have to jump in order to successfully purchase a subsidiary, offer their shares for purchase to the public, or launch a new advertising campaign can be, at best, a distraction and, at worst, a complete nuisance. Sometimes it takes the risk aversion, experience, and analytical skills of a lawyer to find that buried legislative provision that could stop a deal cold in its tracks and address it before it becomes a problem. In many ways, corporate lawyers become 20 an extension of an organization’s management team. They are seen as trusted advisors who understand the mechanics of the firm’s business, including its goals The skills that you learn in business school are easily transferable to a career in law: attention to detail, strong communication and presentation skills, careful time management, and consideration of multiple stakeholders, to name a few. and strategies, and ensure that transactions are structured in a way that not only crosses all of the t’s and dots all the i’s from a legal standpoint, but also in a way that captures the most value for the firm. Corporate lawyers are just as client-focused as the owners, investors, and lenders who make use of their services. As such, the skills that you learn in business school are easily transferable to a career in law: attention to detail, strong communication and presentation skills, careful time management, and consideration of multiple stakeholders, to name a few. Furthermore, from the meagrebeginnings of your legal career to the time you become a renowned expert in your niche area of the law, an ability to work within and, later, oversee a team, is fundamental. Given the overlap in skills, it is easy to see why a background in business can earn you a significant amount of respect and trust on behalf of corporate clients. I believe attaining a Masters in Business Administration and a law degree through the Schulich School of Business and Osgoode Hall Law School’s joint four-year program has opened the door to a challenging and versatile career trajectory. I am currently completing my articles with Stikeman Elliott LLP, one of Canada’s leading full-service business law firms. In time, I hope to have accumulated alegal expertise that, combined with my working knowledge of business dynamics, will make me a trusted advisor to some of Canada’s most influential corporate actors. In the interim, the exhilaration I feel when I see our work product result in headline-making business transactions, the privilege I feel when I get to learn from some of the country’sgreatest legal minds, and the humbleness I feel when I realize the confidence our clients place in us, assure me that my career in corporate law will be more rewarded than I ever expected (plus, the suits are growing on me). The Consulting Practice: Defined Observations and advice in regards to consulting Joelle Fricot Global Business Services Intern, IBM Consulting is a big, broad term that involves giving virtually any form of advice. As a student or new graduate, it is important to not only understand the different types of consulting and the varying services delivered by the various firms, but more importantly what kind of programs they have for new graduates – and which firm will be able to ultimately provide you with the job that you want. To simplify, consultants are hired advisors to corporations. They tackle a wide variety of business problems and provide solutions for their clients. Depending on the size and chosen strategy of the firm, these problems can be as straightforward as researching a new market or as complex as completely restructuring the client's organization structure or business processes. The major areas of consulting that you will find at all the major firms can be grouped into three major categories, which are not mutually exclusive or exhaustive by any means, and overlap much more than you would think. Strategy Consulting When you first start looking into the consulting field, you will surely come across management consulting (also referred to as strategy consulting or corporate strategy). This area of consulting specializes in providing advice in strategic and core operational issues, including business transformation. Business strategy consulting is done at very high levels in the organization, typically amongst the Board of Directors and Chief Executive Officer – the key decision makers in an organization. Once the strategies are developed, the organization focuses on implementing their decisions, sometimes assisted by other consultants. Business strategy consulting requires not only creativity, but also a degree of practicality. What works for one company will not necessarily work for another, even within the same industry. Strategists use tools to analyze businesses and industries, however ultimately 21 make decisions based on the objectives, resources and limitations of the client. Technology Consulting With each passing year, organizations in all industries are relying more heavily on technology solutions to drive business success. Simultaneously, applications, systems and information architectures are becoming much more complex. Organizations rely on technology consultants to come into their business and design, build and deploy complex technologies to meet their consumer and internal requirements. These types of projects are much longer in duration than the majority of strategy engagements, and projects can last up to, and in some cases, well over a year. Technology consultants over time learn to design, build and manage sophisticated technology solutions. As these skills are in high-demand on the market, technology consultants can earn higher salaries than their strategy counterparts. Human Capital Consulting This stream can include everything from designing an employee evaluation and compensation system to conducting organizational effectiveness training to helping an organization through a significant change event, such as a merger. It is a very broad field, and there are many aspects of human capital: cultural audits and assessments, organizational development and succession planning, compensation consulting, leadership consulting, and board governance consulting. Major Players in Consulting When students think of top consulting firms, they often think of there being three major firms – McKinsey, Boston Consulting Group (BCG) and Bain – and in terms of strategy consulting, these are definitely the major international players. When looking broader than strategy, both IBM and Monitor Deloitte should also be included as top firms. IBM is arguably one the largest business services firms and has the strongest reputation in technology implementations. Monitor Deloitte, formed earlier this year combining both Monitor and Deloitte practices, is posi- tioning themselves to soon be a leader in the Canadian business services market. The bulk of these firms' work consists of providing strategic or operational advice to top executive officers in Fortune 1000 companies. Because of their vast corporate pool of knowledge and experience they charge the highest fees and employees enjoy incredibly competitive salaries and benefits. Landing an Interview Attaining a job in consulting is no different than getting a job in any other field – it takes a lot of work. Networking and personal connections are, in my opinion, the most crucial variables in terms of landing an interview. Consulting firms receive thousands of applications every year, and the easiest way to make it past the first screening point is to have someone on the inside looking for your resume. The Interview Once you land the interview, it’s important to do research regarding the specific firm’s interview process. The strategy-focused firms (McKinsey, Bain, BCG and Monitor Deloitte) tend to weigh the case components of their interviews very heavily, whereas at IBM, it is predominantly panel interviews with a single preliminary case component. Regardless of the firm, you can never know exactly what to expect on the day of your interview – as is for any interview, it is important to go in with an open mind and a good night’s sleep. The recruiters will likely try and catch you off-guard, and above all else are trying to see how you think – so don’t do anything that feels unnatural. Remember that recruiters are professionals, and will know if you are reciting something you memorized the night before. The interview process, like the consulting experience, will be different for everyone and there is no one right way to approach it. Be authentic; ask questions, find a mentor, and the rest will certainly fall into place! How Accounting Chose Me Ryan Lee Staff Accountant KPMG LLP Walking past the doors of Schulich back in 2009, it was quite hard to imagine where I am now, four years later. All I knew was that I was hard-set on not being an accountant. After all, I was a marketing major at heart, was (and still not) particularly good with numbers, and did not want to become the “typical” Schulich student – an accountant. With that, I spent my first year pursuing my interest in marketing by actively participating in the York Marketing Association (YMA). The club opened my eyes to the colourful, and often-flashy side of business, and my experience confirmed that marketing was exciting, interesting, and definitely a field I wanted to pursue. As any Schulich student will tell you, the start of your second year also marks the beginning of tremendous pressures to find that elusive summer job. Taking the advice of upper years, I spent countless hours tweaking my marketing resume and cover letter to perfection. In my blind desire to secure a job, I did what any reasonable Schulich student would do – I sent out my resume to any company I 22 could find, accounting firms included. At first, recruiting season did not start out as well as I had imagined. Going in, I naïvely expected the Schulich brand would get me an interview for every job I applied to; but reality was harsh and waiting became excruciatingly painful. Days passed and with no congratulatory email in sight, I was ready to give up and face the realization that I would not have a job that year. However, the world works in mysterious ways and on that last day, I received an email inviting me to an interview with KPMG! With no prior intention of entering the accounting industry, the email came as a complete shock. My resume highlighted all the strengths of a marketer, yet there I was, being invited to an accounting interview. In my state of confusion and excitement, I reached out to upper years and dedicated myself to the upcoming interview. I practised every single day for it: I had a story for every strength and takeaway from every bad experience etched in my head. I even participated in the mock interview session held by the Career Development Centre. When the interview day came, I went into my interview with no expectations, yet came out knowing I did my best in showing that I was capable in becoming a future accountant. At the end of that day, I was given an offer to join KPMG as a Summer Intern. Fast-forward to two years later: I have worked two summers at one of the world’s largest accounting firms, I have made numerous intern friends, expanded my professional network, and have finally understood why so many people go into accounting. Accounting may not be the most glamorous field in the world of business, but it has instilled in me a basic business “common sense” that is essential for any commerce student. Interning at KPMG has dispelled for me the myth that accounting is all about the numbers. Rather, it is about understanding firm needs, and helping them fulfill those needs in an efficient and legal manner. Sure, some may ask, “You got the job by luck?” However, had I not prepared for my interview or sent out my application, KPMG would have never chosen me. I leave you with this: recruiting at Schulich is a series of ups and downs. Chance favours the prepared. Be sure to try everything, work hard, and make sure to seize your opportunity when it appears.