For
the next few weeks, we're going to be featuring a five part series by
Sally Bolig, Head of Talent Acquisition at Yotpo. Stay tuned to learn
more about how to decide if the startup life is for you!
Case-by-case
Friends and family sometimes recommend questions to ask, but for those my suggestions are the following. Don’t ask questions you won’t truly understand the answers to. Such questions might include ones around ARR or burn rate.
Also, refrain from asking the following unless you feel that given the conversation you have already had, the questions are appropriate and relevant ones.
Some companies won’t be comfortable disclosing the following information and it’s important for you to know that it is not a red flag if they don’t. It will be entirely company-dependent.
1. How are quotas determined?
Asking about quota attainment is the right thing to do, but asking how those quotas are determined can be perceived as inquiring into intimate information in regards to company growth, specific employee success and failure, and a number of other things that aren’t appropriate to explore during an interview.
High level answer - generally quotas are determined by assessing the existing success of a team, then setting goals that will allow them to perform but also be challenged.
2. What is your company’s burn rate?
If the company hasn’t raised money in a while (i.e. over two years), it’s worth asking about the plan for the company and the end-goal they’re looking to meet. This gives you insight into burn rate without asking specifically that.
People often ask about burn rate because they want to know whether the company’s future looks bright or gloomy. You can accomplish an understanding of this through the first-tier questions above. That being said, if you understand the logistics around burn rate, some companies will be comfortable speaking to details around it.
3. What is your company’s ARR (annual recurring revenue)?
This question is asked for the same reason people ask about burn rate. Although ARR is something companies share with their employees, it’s often not something shared during an interview.
4. Equity Expectations
It is absolutely fine to ask whether equity is a component of the package, but you shouldn’t assume it will be. Numerous startups nowadays are offering equity to every person who comes on board as a demonstration of “investment in each employee.”
But there’s a lot to be said for offering equity exclusively to employees who have put in the time to demonstrate an investment in his or her company, rather than the moment he or she walked through the door.
Showing posts with label Spotlight: Employers. Show all posts
Showing posts with label Spotlight: Employers. Show all posts
Thursday, May 18, 2017
Thursday, May 11, 2017
Risk vs. Reward - Choosing Your Startup #5
For
the next few weeks, we're going to be featuring a five part series by
Sally Bolig, Head of Talent Acquisition at Yotpo. Stay tuned to learn
more about how to decide if the startup life is for you!
Don’t ask
1. Is this co-founder the real deal?
Use Glassdoor to explore CEO approval ratings. Look directly below the star rating for “Approve of CEO” to see what previous and current employees are saying. Do your due diligence in regards to looking through the CEO’s experience and reading articles he or she has been featured in or written.
It’s a silly question to ask in an interview because there is so much research you could have done in advance, and it’s also a nearly impossible thing to concisely answer.
Absolutely ask questions around the CEO’s involvement with the company and on an individual basis, or even about his or her personality, but avoid asking whether they’re capable of running their own company well.
At the end of the day, these are not rules. For every example given above, I’m certain you can find a company that defied the typical trends. Will asking these questions guarantee you a risk-free transition into a startup opportunity? Absolutely not.
It’s impossible to know the reality of startup until you’ve graduated and begun working at one. The hope is that by utilizing this guide, Fordham students will be able to make the most informed decision possible and to effectively demonstrate their dedication to joining this ever-growing, ever-changing community.
Don’t ask
1. Is this co-founder the real deal?
Use Glassdoor to explore CEO approval ratings. Look directly below the star rating for “Approve of CEO” to see what previous and current employees are saying. Do your due diligence in regards to looking through the CEO’s experience and reading articles he or she has been featured in or written.
It’s a silly question to ask in an interview because there is so much research you could have done in advance, and it’s also a nearly impossible thing to concisely answer.
Absolutely ask questions around the CEO’s involvement with the company and on an individual basis, or even about his or her personality, but avoid asking whether they’re capable of running their own company well.
At the end of the day, these are not rules. For every example given above, I’m certain you can find a company that defied the typical trends. Will asking these questions guarantee you a risk-free transition into a startup opportunity? Absolutely not.
It’s impossible to know the reality of startup until you’ve graduated and begun working at one. The hope is that by utilizing this guide, Fordham students will be able to make the most informed decision possible and to effectively demonstrate their dedication to joining this ever-growing, ever-changing community.
Thursday, May 4, 2017
Risk vs. Reward - Choosing Your Startup #3
For
the next few weeks, we're going to be featuring a five part series by
Sally Bolig, Head of Talent Acquisition at Yotpo. Stay tuned to learn
more about how to decide if the startup life is for you!
Second-Tier
These second-tier questions are to pick and choose, and to include only when you feel that you would be uncomfortable proceeding forward without this knowledge.
There’s no guarantee that an interviewer will love these questions, but you aren’t crossing any lines by inquiring about these things.
1. Will you have to stay in the office until your boss leaves?
If so, this could get tricky very quickly. Of course, as a hard worker, there will be nights when you stay even later than your boss. But for it to be an expectation would be a huge red flag.
2. Is this an “8 hour a day” type of job or a “finish your work” type of job?
Only you can determine which of these you’re looking for but chances are that in startup, you’re looking at a “finish your work” type of day. For that reason, some days will be 8 hours long and others will be 12.
3. Is it okay to take vacation?
You should be able to take vacation. Typically companies offer between 10-18 accrued vacation days per year.
4. What startup shift could occur that would eliminate your position?
Things are ever-changing in startup and it’s important to be aware of whether management has given thought already to in what scenarios your position could be eliminated. And it’s good for you to understand the risk.
Additionally, management should be able to articulate to you at least one reason why. If they say there is no scenario in which this would occur, read that as a red flag.
5. Does there seem to exist a core “in-crowd” of employees #1-30? Or is the company adaptive and accommodating to newcomers?
There is no harm in the OGs (original gangstas) of a company being particularly close-knit. Look at what they built! But it’s important that they’re welcoming to new hires, and that initiatives are being made by the organization to help everyone feel welcomed and familiar.
Second-Tier
These second-tier questions are to pick and choose, and to include only when you feel that you would be uncomfortable proceeding forward without this knowledge.
There’s no guarantee that an interviewer will love these questions, but you aren’t crossing any lines by inquiring about these things.
1. Will you have to stay in the office until your boss leaves?
If so, this could get tricky very quickly. Of course, as a hard worker, there will be nights when you stay even later than your boss. But for it to be an expectation would be a huge red flag.
2. Is this an “8 hour a day” type of job or a “finish your work” type of job?
Only you can determine which of these you’re looking for but chances are that in startup, you’re looking at a “finish your work” type of day. For that reason, some days will be 8 hours long and others will be 12.
3. Is it okay to take vacation?
You should be able to take vacation. Typically companies offer between 10-18 accrued vacation days per year.
4. What startup shift could occur that would eliminate your position?
Things are ever-changing in startup and it’s important to be aware of whether management has given thought already to in what scenarios your position could be eliminated. And it’s good for you to understand the risk.
Additionally, management should be able to articulate to you at least one reason why. If they say there is no scenario in which this would occur, read that as a red flag.
5. Does there seem to exist a core “in-crowd” of employees #1-30? Or is the company adaptive and accommodating to newcomers?
There is no harm in the OGs (original gangstas) of a company being particularly close-knit. Look at what they built! But it’s important that they’re welcoming to new hires, and that initiatives are being made by the organization to help everyone feel welcomed and familiar.
Thursday, April 27, 2017
Risk vs. Reward - Choosing Your Startup #2
For
the next few weeks, we're going to be featuring a five part series by
Sally Bolig, Head of Talent Acquisition at Yotpo. Stay tuned to learn
more about how to decide if the startup life is for you!
First-Tier
These are the key components that you want to prioritize. All of these first-tier questions are not only appropriate to ask, but interviewers will respect that you have thought to dig so deep. It demonstrates your commitment to understanding the ins and outs of their organization.
1. Does the company want to be purchased or to IPO (go public)?
There isn’t a right answer but depending on what you’re hoping to accomplish at this company, it matters.
If a company is working toward being purchased, this purchase could occur in 4 years but it could also occur in 6 months. There is a lot to be said for being with a company that was acquired and therefore successfully demonstrated true value. You knew how to choose a high-quality company and contributed to the company’s accomplishment. But it also means that your company is no longer a startup. This could result in you now having a gig at a big name company, or losing your job all-together.
An IPO typically takes a longer time to attain. As long as you’re happy and performing, you’ll have the ability to work with this company for the foreseeable future as it grows and proves value. Typically companies looking to IPO are extremely passion based. However in order to IPO, a company needs to demonstrate a value-add more appealing and accepted than any competitor of theirs does and, of course, there are few companies that successfully do so.
2. How long has the company been trying to fill the role you’re interviewing for, and why is it open in the first place?
Much of the time the reason will be because the organization is going through a growth stage and this is a purely new position. Sometimes, it’s not so simple.
It’s important to understand whether this position has been open for a long time. If so, why is that? What about the other candidates proved to not be a fit? Has the spec for the role changed a number of times? Dig.
It’s also important to understand whether the previous person in this role was fired or quit. If so, why? What has the company learned from the departure of that employee? How has that impacted who they’re looking to hire this go round? Dig.
3. How often do people leave the company of their own volition? How often are people fired?
In many startups, there is high turnover. Those are not the sorts of startups you want to join. Ask questions around who is leaving, how often and why.
Also, if you’re interviewing for a sales role and are told that the reason people are leaving is simply because “it’s sales” and “a hard job,” know that you’re being misled. There are many companies where salespeople remain for a long time.
4. Talking sales roles, how many reps are hitting quota?
When it comes to any sales role, you will never find a company where 100% of the team is to quota. If you do, either the person you’re speaking to is lying or leadership has done a haphazard job of creating goals. Look to hear that somewhere between 70-90% of reps are hitting quota. Those are healthy figures.
5. Are promotions tenure or merit based?
If you’re exploring startup, the answer you want to hear here is that promotions are merit based. Of course there will always be guidelines around how early you could expect to be eligible for a promotion (9-14 months is typical), but in a startup environment you should be somewhere with management that takes into consideration not only tenure but performance, hard work, initiative and positive influence within the organization.
6. Will you have at least one key manager who has done your job before and who has influence in creating your goals?
In simpler terms, if you’re a SDR, is there someone who has actually cold-called people for a living who is a key player in making decisions about your future quotas and growth?
This is important because you want to be led by individuals who know the reality of your day to day. They can sympathize with your struggles and be your champion, but they can also call you out when you’re making excuses.
7. What is the company’s anticipated growth in regards to head-count?
Look for growing companies but be wary of companies that are growing too quickly. But what does realistic growth look like? There is no true rule of thumb, but if a company of 100 employees is telling you that they’re scaling to 400+, that’s reason for concern. It isn’t a deal-breaker but ask probing questions around what has inspired that growth. There is such thing as growing too quickly and sometimes it can result in layoffs.
First-Tier
These are the key components that you want to prioritize. All of these first-tier questions are not only appropriate to ask, but interviewers will respect that you have thought to dig so deep. It demonstrates your commitment to understanding the ins and outs of their organization.
1. Does the company want to be purchased or to IPO (go public)?
There isn’t a right answer but depending on what you’re hoping to accomplish at this company, it matters.
If a company is working toward being purchased, this purchase could occur in 4 years but it could also occur in 6 months. There is a lot to be said for being with a company that was acquired and therefore successfully demonstrated true value. You knew how to choose a high-quality company and contributed to the company’s accomplishment. But it also means that your company is no longer a startup. This could result in you now having a gig at a big name company, or losing your job all-together.
An IPO typically takes a longer time to attain. As long as you’re happy and performing, you’ll have the ability to work with this company for the foreseeable future as it grows and proves value. Typically companies looking to IPO are extremely passion based. However in order to IPO, a company needs to demonstrate a value-add more appealing and accepted than any competitor of theirs does and, of course, there are few companies that successfully do so.
2. How long has the company been trying to fill the role you’re interviewing for, and why is it open in the first place?
Much of the time the reason will be because the organization is going through a growth stage and this is a purely new position. Sometimes, it’s not so simple.
It’s important to understand whether this position has been open for a long time. If so, why is that? What about the other candidates proved to not be a fit? Has the spec for the role changed a number of times? Dig.
It’s also important to understand whether the previous person in this role was fired or quit. If so, why? What has the company learned from the departure of that employee? How has that impacted who they’re looking to hire this go round? Dig.
3. How often do people leave the company of their own volition? How often are people fired?
In many startups, there is high turnover. Those are not the sorts of startups you want to join. Ask questions around who is leaving, how often and why.
Also, if you’re interviewing for a sales role and are told that the reason people are leaving is simply because “it’s sales” and “a hard job,” know that you’re being misled. There are many companies where salespeople remain for a long time.
4. Talking sales roles, how many reps are hitting quota?
When it comes to any sales role, you will never find a company where 100% of the team is to quota. If you do, either the person you’re speaking to is lying or leadership has done a haphazard job of creating goals. Look to hear that somewhere between 70-90% of reps are hitting quota. Those are healthy figures.
5. Are promotions tenure or merit based?
If you’re exploring startup, the answer you want to hear here is that promotions are merit based. Of course there will always be guidelines around how early you could expect to be eligible for a promotion (9-14 months is typical), but in a startup environment you should be somewhere with management that takes into consideration not only tenure but performance, hard work, initiative and positive influence within the organization.
6. Will you have at least one key manager who has done your job before and who has influence in creating your goals?
In simpler terms, if you’re a SDR, is there someone who has actually cold-called people for a living who is a key player in making decisions about your future quotas and growth?
This is important because you want to be led by individuals who know the reality of your day to day. They can sympathize with your struggles and be your champion, but they can also call you out when you’re making excuses.
7. What is the company’s anticipated growth in regards to head-count?
Look for growing companies but be wary of companies that are growing too quickly. But what does realistic growth look like? There is no true rule of thumb, but if a company of 100 employees is telling you that they’re scaling to 400+, that’s reason for concern. It isn’t a deal-breaker but ask probing questions around what has inspired that growth. There is such thing as growing too quickly and sometimes it can result in layoffs.
Thursday, April 20, 2017
Risk vs. Reward - Choosing Your Startup #1
For the next few weeks, we're going to be featuring a five part series by Sally Bolig, Head of Talent Acquisition at Yotpo. Stay tuned to learn more about how to decide if the startup life is for you!
Yotpo has been visiting a number of career fairs this year and whether at Fordham, or other colleges we visited, something we quickly learned was that the idea of working in startup was something very foreign to most students we met. Some people thought startup sounded fun and exciting while others worried the risk was far too high.
This makes a ton of sense. Startups are synonymous with accelerated growth, but they’re also synonymous with risk. What are the areas of the organization that you need to dig into in order to figure out whether the startup you’re interviewing with is going to be around a year from today, and whether the management truly knows what they’re doing?
We heard from students a question that we often hear from candidates interviewing at Yotpo: how do I go about making an informed decision around joining a startup? Hearing it again from entrepreneurial driven students inspired us to create a post that could help.
Before the Interview
1. What is their funding status and what does that even mean?
Your first stop should be to check crunchbase.com. This website provides an enormous and very helpful database of companies, their funding, their investors and even information about the leadership.
Typically, startups with less than $5M in funding are considered exceptionally early stage. They’re probably either in Seed Funding or Series A. The risk would be higher with companies of this size.
Companies with more $100M in funding are very far along in their rounds of funding and whether they’re still even a startup is questionable. The sweet-spot when it comes to high-growth, but healthily funded, ranges from about $15M-$70M in Series B or C.
2. While you’re on the site anyway, who are their investors?
Investors have a key stake in the companies they invest in, and every large decision a company makes is run past the board of investors before any action is taken. By clicking on investors within crunchbase, you can actually access their portfolios and get a feel for whether they have invested in other successful startups in the past.
Yotpo has been visiting a number of career fairs this year and whether at Fordham, or other colleges we visited, something we quickly learned was that the idea of working in startup was something very foreign to most students we met. Some people thought startup sounded fun and exciting while others worried the risk was far too high.
This makes a ton of sense. Startups are synonymous with accelerated growth, but they’re also synonymous with risk. What are the areas of the organization that you need to dig into in order to figure out whether the startup you’re interviewing with is going to be around a year from today, and whether the management truly knows what they’re doing?
We heard from students a question that we often hear from candidates interviewing at Yotpo: how do I go about making an informed decision around joining a startup? Hearing it again from entrepreneurial driven students inspired us to create a post that could help.
Before the Interview
1. What is their funding status and what does that even mean?
Your first stop should be to check crunchbase.com. This website provides an enormous and very helpful database of companies, their funding, their investors and even information about the leadership.
Typically, startups with less than $5M in funding are considered exceptionally early stage. They’re probably either in Seed Funding or Series A. The risk would be higher with companies of this size.
Companies with more $100M in funding are very far along in their rounds of funding and whether they’re still even a startup is questionable. The sweet-spot when it comes to high-growth, but healthily funded, ranges from about $15M-$70M in Series B or C.
2. While you’re on the site anyway, who are their investors?
Investors have a key stake in the companies they invest in, and every large decision a company makes is run past the board of investors before any action is taken. By clicking on investors within crunchbase, you can actually access their portfolios and get a feel for whether they have invested in other successful startups in the past.
Monday, April 13, 2015
Event Spotlight: Communicatons & Media Panel
By Billy Cribley, FCRH '17
On Monday, April 13, Career Services and the Department of
Communications & Media Studies are hosting a Communications & Media
Panel at 6pm in the South Lounge at Lincoln Center. Seven FCLC alumni will speak at the panel, all of whom
were in your shoes at one point or another. They have jobs at places like ABC
World News Tonight, NBC News, Marvel Entertainment, Maximum Films, SNL, Fox
News, Good Housekeeping, and the Meredith Viera Show. These panelists weren’t
just students once, they were students from your school!
Caitlin O’Kane currently works at NBC, and the real kicker
is her final semester at Fordham was just last spring! Her first internship
with the company was at CNBC, which is NBC Universal’s business and finance
network. From there, she was proactive about getting her resume out and doing
the best job she could – and the rest is history. What I found really awesome
about Caitlin’s story was the little bit she was able to tell me about the Page
Program. Basically, the program organizes all of its members and gives them different
assignments in the company. It’s incredibly competitive—around 16000 students a
year apply and only about 2% are accepted. But once you’re in, you’re IN. All
the pages compete amongst themselves for specific positions amongst the
different branches, and serve out said positions for 3 months at a time. The
program itself is a year long, but you’re able to leave at anytime should you
want to apply for a job: obviously, being in NBC’s Page Program gives you a
little leverage when it comes to getting a position at NBC. As Caitlin puts it,
you are trained to handle interviews well, act professionally, be a good
assistant, and know as much as you can about the company. There’s a lot more
about the program Caitlin can talk to you about the panel so definitely stop
by!
Christina Frasca works at Fox News Edge currently, which is
the branch of Fox news that provides news content to Fox affiliates around the
country and abroad. She serves as writer and a producer, so she does anything
and everything from writing TV scripts to editing interviews and producing news
packages. When she was a student at FCLC, she served as news Editor for the
campus’ paper, The Observer. This just goes to show that it’s important to
follow your passions! Find what interests you and go for it with all you have,
no matter what anyone says. Christina also took Brian Rose’s internship seminar
each semester, which taught her many of the skills that ultimately carried her
to the different positions she held. If you have the opportunity, check it out!
Christine Kopaczewski interned at Good Housekeeping magazine
her senior year at Lincoln Center, and was offered a freelancing job for a few
months and then was offered a full-time position after graduation. Most of her
time in school her was focused on other internships in the music industry until
she branched out and decided she wanted to focus more heavily on media. This is
why it’s so important for all of us to look for as many opportunities as we
can! You never know what position you might find that was actually your calling
all along. Don’t pigeonhole yourself into thinking you ever HAVE to do
something; do what you love!
Elissa Dauria currently holds the position of Creative
Executive at a company called Maximum Films, and she helps film studios and TV
networks find books they want to transition into shows or movies. She graduated
from FCLC in 2010 and held internships at places like New Line Cinema and
Summit Entertainment. Having originally graduated with intentions of becoming a
producer, her experiences with her different internships has allowed her to see
countless other tracks that may even be a better fit for her than producing!
Look, guys, I know I might be forcing this whole “don’t
pigeonhole yourself, go out and do as many internships as you can” deal, but
that’s just because it’s the truth. I’m only a sophomore here, but I’m willing
to bet there’s a bunch of you out there just like me who are terrified at the
prospect of careers and finding employment after graduation. And we have a
right to be scared. But we have the tools to combat the fear literally at our
fingertips. Opportunities like this panel happen often at Fordham, and if
you’re going to spend all this money for an education, make sure you’re making
a good investment. Take the time to network with people and push yourself
harder than anyone else has before. You can do it! So drop on by this panel and
talk to these awesome people. They want to help.
Monday, March 16, 2015
Employer Spotlight: Winged Keel Group
Ace An Interview in 5 Simple Steps
By Nicole Winston, Director of Talent Acquisition, Winged Keel Group
What does 500 mean to you? For me, it’s
the number of candidates I’ve interviewed during my 15-year tenure at Winged
Keel Group. Lobbying for positions from Interns and Associates to Managing
Directors and Chief Operating Officers, many have aced the interview — and many
have failed completely.
The difference is in the details. As
the Director of Talent Acquisition & Development, I’ve studied people and
their behavior intensely in identifying high-caliber talent as the company’s
best assets. This is your time to shine and to
prove yourself as a stand out candidate who we want to fight to get an offer to
before our competitors. It’s also an opportunity for you to strengthen your communication
and presentation skills, and showcase your ability to thoughtfully articulate who
you are and why we’d want to hire you. Now is when you must sell yourself as a
valuable contributor to a successful, growing organization. I recommend going
on as many interviews as possible to keep yourself fresh and practiced.
Think about your competitors, too:
candidates from other schools, Linkedin, Glassdoor, social media recruiting, referrals
networks and beyond. They’ve all got their eyes on the prize, too. How will you choose to stand out?
Follow these 5 easy steps to stand
out and win the job:
1. Look Sharp.
It’s true about lasting first
impressions: dress appropriately and professionally, and you’ve earned my
attention both during the interview and when I consider candidates later in the
process. Successful people dress for success: a suit and tie for men; a nice
top and skirt or slacks and blazer for women. Look in the mirror one last time:
messy hair and an unshaven, sloppy look fails in a professional environment.
2. Be Prepared.
Review the company website, company reviews
on Glassdoor, bios of the firm’s leadership team, and beyond: make sure you are
aware of the company’s competitors, culture, and current industry updates.
Coming prepared to an interview with
as much knowledge about the firm, industry and job opening shows the Hiring
Manager that you are dedicated, resourceful, professional, and taking your job
search seriously. I’ve interviewed candidates who didn’t know anything about
Winged Keel Group: Wow! Why would we want to hire anyone who doesn’t know who
we are or what we do? We look for candidates who are well prepared and ready to
take on the exciting challenges and growth opportunities offered at our firm. Want
to set yourself apart from the pack? Come prepared, do the research. You will
stand out!
3. Know Your Strengths and Goals.
Where does your excellence lie? What
differentiates you from any other candidate? You need to know the answers to
these questions: what sets you apart, what you are good at, the tasks you enjoy
performing, and what would make your contribution leveraging to those you work
with.
What are your 2-year goals and your
5-year goals? Be clear in the vision you see for yourself. If you sincerely
don’t know it yet, invest time in the process. The clearer you are with your
own goals, the more articulate you will come across in an interview.
4. Be Curious.
Intellectual curiosity is appealing
to an interviewer. Ask questions: “What has made someone successful in this
role?” “How does the company expect to grow and outlast the competition?” “What
is the most challenging aspect of the position?” You might also want to know
what a typical day is like, how performance is evaluated or who your fellow
employees are. Make a list of your questions ahead of time. Curiosity shows
that you are inquisitive, engaged, interested in learning more about the
position. You can ask about growth opportunities but stay focused on the
current opportunity. If the interviewer thinks you’re looking to just get a
foot in the door, they may not consider you a viable candidate.
5. Say Thank You.
Emailing a simple note of gratitude after
the interview is professional, impressive and highly appreciated by Hiring
Managers like me. We see that you have strong follow-through, integrity,
humility and sincere interest in the role. It’s considerate and gracious and, if
well written, leaves a positive lasting impression.
Do you feel ready to ace your next
interview? Practice with a friend and record or videotape your responses so you
can replay the interview and see how well you did.
Want to interview at Winged Keel
Group? We love meeting talented individuals! Check out our career page and
apply today!
Friday, October 3, 2014
Employer Spotlight: J.P. Morgan
On September 29, 2014 J.P. Morgan held an information
session to introduce the firm to more than 100 Fordham students. Carol Parks Clancy
(GSB ’82 ’87) from J.P. Morgan brought along six recent Fordham alumni to
highlight their experiences and the various opportunities that the firm offers.
Each spoke of the collaborative work environment, training and supportive
culture.
J.P. Morgan is currently recruiting for summer internship
and full-time positions for 2015. Not sure how to choose which business area is
for you? Here’s a quick overview of the business areas but to find out more
about all business areas and programs you can visit jpmorgan.com/careers.
Corporate and
Investment Bank: includes business areas such as Investment Banking, Investor
Services, Public Finance, Research, Risk, Sales & Trading, Treasury
Services and Quantitative Research. This line of business provides strategic
advice, lends money, raises capital, helps manage risk and extend liquidity in
markets around the world.
Commercial
Banking: develops comprehensive financial solutions for a broad
range of clients, including corporations, municipalities, financial
institutions, and not-for-profit entities, real estate investors and owners.
Asset
Management: is a team of the industry’s top client advisors,
portfolio managers, research analysts and investment specialists who advise
clients and invest in a full range of strategies including equities, fixed
income, hedge funds, private equity and real estate.
Accounting:
includes a wide range of accounting, reporting and financial control roles
across our businesses and corporate areas.
Audit:
partners with management to improve the practices used to identify, evaluate,
control, and monitor business risks. By evaluating accounting and technology
processes while leveraging technology you will deliver creative solutions and
drive resolution.
Finance:
ensures the company can navigate all market environments while maintaining a
fortress balance sheet. You will learn how increasing regulatory and capital
requirements affect the way we do business across every area of the firm.
Operations:
drives efficiency and change throughout the firm by identifying and
implementing ways to improve our processes, services and products. From
analyzing data to supporting clients, you will engage in the day-to-day running
of our businesses.
Still not sure what sounds most like you? One final tip that
the J.P. Morgan employees gave: Network as much as possible. Use the Fordham
network to find employees in interesting departments. These contacts can give
you the best idea of what is right for you!
Interested in applying to J.P. Morgan? Login in to CareerLink and search
under the jobs tab. You can also visit jpmorgan.com/careers.
Tuesday, October 15, 2013
Internship Spotlight: Nick Lusardi
By Nick Lusardi, Gabelli ‘13
When I found out I was accepted to KPMG’s Global Internship
Program my reaction was comparable to receiving my acceptance letter to
Fordham; it took some restraint to refrain from running down the hallways of
Keating in pure excitement. Throughout
my undergraduate career I always had interest in the global business world, so
when I first learned of the GIP program KPMG offered to interns I immediately sought
out the opportunity. Needless to say,
pursuing my goal proved invaluable; the experiences I had while in Paris
changed the way I understand the global community in my personal life and
beyond to the accounting and business world.
From the minute I landed in the Charles de Gaulle airport
outside of Paris I was hit with a tidal wave of the French culture. I learned quickly that the French are very
proud of their culture and heritage. Unlike
other countries where tourism is a main industry, people did not attempt to
speak English and there was very little translated on signs or directions. Over
time, however, the uncomfortable nature of a foreign language in a foreign city
actually came to be one of the best learning experiences of the trip for me
personally. Suddenly, every day tasks like
finding directions or buying groceries challenged me to broaden my comfort zone
and subsequently taught me everything from the necessity of communication to
the importance of relating to someone through their native culture.
As an intern in the KPMG US Tax Desk in Paris I was
privileged with seeing and learning a great deal in a short amount of
time. Fortunately, I was still working
on U.S. taxes, so everything I learned while abroad is applicable to the tax
work I will later have in New York. My
responsibilities in Paris included everything from researching tax laws related
to specific client needs to completing an entire subsidiary’s U.S. Tax Form
1120 for a London based corporation. One
of the most eye-opening aspects of the work I did was the teamwork with the
various KPMG offices and services throughout the global firm. For instance, we worked a great deal with the
KPMG U.S. Tax desk in London on an English client. We used the London crew to initiate
communication with the client and help gain an understanding of the client’s
business along with the specific British and U.S. tax implications of that
business. Furthermore, KPMG New York Tax
desks were constantly used on projects in order to assure the validity of
certain U.S. tax treatments for the clients.
Overall, not only did the GIP program provide me with the typical tax
intern experience of learning tax software, research skills, and U.S. Tax
Forms, but the global exposure and firsthand viewpoint of the teamwork within
the global KPMG network ultimately left me increasingly aware of the true value
of a global mindset in the business world.
From the intern level, KPMG supports global thinking in its
employees, only proving the necessity for change in the business world to
accommodate such practices. As a young
future employee of the firm and the future of business in general, I feel that
my experience in Paris completely provided me with the necessary tools in order
to successfully adapt to the changing world as it becomes more and more global
with increasing capabilities in technology and the need to expand in to new
markets grows. Essentially, by working
in the Paris office and experiencing this global network, I witnessed the very
benefits the firm advertises daily to potential clients and recruited
employees. KPMG has the invaluable resource of employees around the world that
are culturally cognizant and globally aware of a client’s unique business
needs, and the communication of knowledge and teamwork that results from that
resource is exactly what drives KPMG’s success in the global markets.
Nick graduated from
Fordham in 2013 with a degree in Public Accounting.
Monday, October 29, 2012
Employer Spotlight: ICAP
This Employer Spotlight is written by Chris Quagliata, U.S. Treasuries Voice Broker. Chris graduated from Fordham with a degree in Business Administration with a concentration in Finance, as a member of the class of 2011. He interned with ICAP before getting hired full time. Here, Chris speaks about his experience as an intern at ICAP, how he got where he is today, and how his Fordham education helped him along the way.
I first started at ICAP as an intern in the summer of 2010. Like most college students, I was very unsure of the type of industry I wanted to get into after graduation. As late as junior year, I was still back-and-forth between finance and the sports media industry. I worked in the sports department at WFUV for four years, was the department manager during my senior year, and even did an internship at Westwood One radio in the spring of 2010. That being said, I knew I needed to spend the summer following my junior year in a structured internship program within the finance industry to give me an idea of which field I wanted to enter.
I found out about the internship at ICAP through the Fordham careers website [CareerLink] and by attending the career fairs. The process began with an on-campus interview, then an assessment center at ICAP’s office, and wrapped up with phone interview with the Global Head of Graduate Recruitment. I was accepted into the eight-week internship program and spent my summer rotating around the various broking desks and learning about the different products and the overall structure of ICAP. At the end of that internship, I interviewed with senior management for a full time position and was hired to start in the September of 2011 after I graduated from Fordham.
My first three weeks as a full-time ICAP employee were in London. The company flew everyone from the graduate program globally to ICAP’s headquarters in central London for global financial markets training. The training proved useful at filling in any gaps in my knowledge.
I really can’t overstate how great an experience it was going to London, especially for someone like me who had never been there before. The best parts of the trip was becoming friends with ICAP grads from around the world, being at the company headquarters and seeing the office, and exploring the city itself. We all developed a strong camaraderie and spent our free time together every day after work. The grads from London took us all over the city on nights and weekends, and showed us the best places to visit and tour. I really can’t think of a better way to kick off my first full-time job.
When we got back to the U.S. and started in the office here, the real challenge began. What’s great about this graduate program is that you are given a real opportunity to find what place in the company best fits you. All of us rotated around the different broking desks within the company before finding a permanent home. The goal of the program is essentially to match graduates and the desks that are hiring. Matches are usually based on personality because every desk has one that is very unique. I rotated around nine different desks and got a good idea of my tastes; which products I liked, which I didn’t, and the desks that fit my personality. Ultimately, each desk wants someone eager and ready to work, and who they can see themselves sitting next to five days a week, 52 weeks a year.
But make no mistake: the rotation process is challenging and difficult at times because of the uncertainty and competition involved. It is your job to make a good impression on each desk and also put in the effort to get placed in the seat you want most. The process is what you make of it. For the most part, you are expected to network your way around each desk, as well as throughout the company as a whole. The graduate team is always there to back you up and provide any assistance you may need, but what makes the process so great is that you largely have full control over the impression you leave and ultimately where you land in the company.
After about three months of rotations, I was finally placed on the U.S. Treasuries desk, which is, not surprisingly, the place I kind of always knew I’d end up. I recently passed my one-year anniversary with the company and signed my new contract with the desk a few weeks ago. It has been a great year for me because I enjoy what I do and have seen some of what it is like to work on Wall Street. Working with the capital markets, and interdealer broking specifically, is a great business and one with a lot of perks.
The part of the job that most excited people is how this business is centered on cultivating client relationships, whether that be taking clients out to some of New York City’s best bars and restaurants, sporting events, or concerts. I’ve been to Yankees games, Rangers games, concerts at Madison Square Garden, a score of great restaurants in the city, and so on and so forth. I’d be lying if I told you that part of the job wasn’t fun. The job itself is an exciting, fast-paced environment with a team-oriented, yet entrepreneurial aspect to it. You have an opportunity as an entry-level employee to pick up your own clients from a very early stage in your career, and have the potential to make a nice living. I have already met a lot of U.S. Treasuries traders on the Street and have begun to build my network. Once again, this job is all about what you make of it.
Fordham is a great place: I know, I’ve been there. Use all the tools Career Services provides for you to help find the right job. Take the classes for what they are: an important foundation for what you’ll bring into the working world. If you ask me, ICAP is a great place to work because of the tremendous growth potential there is for someone straight out of college. I have certainly found it to be that for me and then some.
-Chris Quagliata
About the company:
ICAP is the world's leading voice and electronic inter dealer broker and provider of post trade risk and information services. The Group is active in the wholesale markets in interest rates, credit, commodities, FX, emerging markets, equities and equity derivatives. ICAP aims to be the main infrastructure provider to the world's wholesale OTC markets, be the leading global intermediary, and also the leading post trade risk services provider.
Tuesday, May 1, 2012
Employer Spotlight: Elizabeth Shelley, Memorial Sloan Kettering Cancer Center
Today's blog post is an employer spotlight on: Elizabeth Shelley, Memorial Sloan Kettering Cancer Center
What
was your major and/or first internship when you were in college?
My major was Labor Studies and
Employee Relations. My first internship when I was in college was with Deloitte
& Touche. There I worked with the Director of Employee Relations.
What
role do you hold in the organization?
I am currently the College
Recruitment Coordinator at MSKCC.
How
long have you worked in your current role?
I have worked as the College
Recruitment Coordinator for 2 years but have been with my organization for a
total of 4 years.
Can
you briefly describe what your organization does?
Memorial Sloan-Kettering Cancer
Center, established in 1884, is the world’s oldest and largest private
institution devoted to prevention, patient care, research and education in
cancer. Throughout our long history, MSKCC has set the standard of care for
people with cancer.
What
kind of opportunities does your organization have for our students (internships,
full-time jobs, networking opportunities, events, etc.)?
We have several full-time job
opportunities for liberal arts new grads interested in healthcare or those
interested in pursuing research.
·
Session
Assistant: acts as a
liaison between the patient, family, and the clinical team during office
visits. Responsibilities include orienting patients and families to Ambulatory
Care, assisting with patient flow between the waiting and clinical areas, and
ensuring that medical records are available to complete prior to the office
visit. These positions are on a healthcare management track. Open to liberal
arts background with an interest in healthcare.
·
Physician
Office Assistant: acts
as a liaison between the patient and clinical team on a daily basis but less
face-to face contact and instead over the phone. Responsibilities include
screening patient calls, scheduling patient tests and appointments and handling
all administrative functions associated with the practice. Open to liberal arts
background with an interest in healthcare.
·
Research
Study Assistant: An important
function at MSKCC is the acquisition and analysis of data related to
therapeutic and/or diagnostic protocols. The RSA is actively involved in the
review of patient histories, the collection and computerization of information,
and the development of reports. As a member of a multi-disciplinary research
team made up of Physicians, Nurses, and Clinical Support staff, you will
contribute to the development of standards of excellence in cancer treatments.
Open to liberal arts background with an interest in healthcare.
·
Research
Technician: The
Sloan-Kettering Institute (SKI) is the state-of-the-art laboratory research
facility at MSKCC. The research staff provides support to the laboratory in the
completion of the assigned experiments. These roles vary based on the lab that
a Research Technician would be based in. Open to students with a BA/BS in
Natural or Biological sciences with previous lab experience
For a listing of our complete
full-time opportunities, please visit www.mskcc.org/jobs.
We also have a formal
internship program for our science students and students interested in
Healthcare.
·
Summer
Support: As a Session
Assistant or Physician Office
Assistant at Memorial Sloan-Kettering Cancer Center over the summer, you will
act as resource to patients and a liaison between the patient and the clinical
team and work alongside full-time Session Assistants and Physician Office
Assistants. This position requires attention to detail and strong computer
skills, excellent communication and customer services, an interest in
healthcare/hospital administration and the ability to work in a team.
Applications are found on-line in January.
·
SURP
(Summer Undergraduate
Research Program): This ten-week research program is designed for approximately
20 outstanding undergraduate students who are interested in pursuing a career
in biomedically related sciences. Students in the program have the opportunity
to obtain hands on research experiences in cutting edge laboratories, interact
with faculty, postdocs and students, and present their research at a special
poster session at the end of the ten-week program. Information about the
program and applying can be found at: http://www.sloankettering.edu/gerstner/html/54516.cfm
When
is the best time for our students to look for these opportunities?
The entry level positions above
are recruited for year round. If you are graduating in May, the best time would
be to apply in March or April. If you are a December grad, you can apply in
November. Alumni are encouraged to apply today!
For our internship
opportunities, we suggest that you contact us in December or January regarding
any questions and application processes.
What
do you typically look for from our students?
Each position is requires a
different skill set, however we look for candidates who have strong computer
skills, excellent communication, ability to work in a team, and a strong
passion for our overall mission which is the progressive control and cure of
cancer through patient care, research, and education.
What
advice do you have for our students to be successful?
It is important for students to
take advantage of all the opportunities that are offered. Utilize your career
services as they are often the first to hear about job and internship opportunities.
If you are unable to find a job or internship, volunteer in an area that aligns
with your career goals. Create a LinkedIn profile and follow the organizations
that interest you on their career pages. Also, once you have landed a position,
work hard and always go above and beyond your job description.
Is there anything else you
might like to include (LinkedIn web address, organization’s: website, blog,
twitter account, facebook page, etc.)
You can follow us on our
LinkedIn Careers Page and find more about us on our website: www.mskcc.org and see a listing of all our
job openings at www.mskcc.org/jobs.
Do you find these topics interesting? Have you ever thought about writing
a blog? If so, join our team! Please send any interests, inquiries, or articles
to Cassie Sklarz at sklarz@fordham.edu.
We'd love to hear from you!
Thursday, April 26, 2012
Employer Spotlight: Emily Lawler, Standard Motor Products, Inc.
Today's blog post is an employer spotlight on: Emily Lawler, Standard
Motor Products, Inc.
What
was your major and/or first internship when you were in college?
Major:
Business Management
Internships:
Business Admin Intern- American Red Cross of Greater New York
Human
Resources Intern – Laerdal Medical Corporation
What role do you hold in
the organization?
Human Resources Assistant-
Assist in the daily activities of the Human Resource function including but not
limited to Benefits, Recruiting, On boarding, Employee Relations, etc.
How
long have you worked in your current role?
One Year
Can
you briefly describe what your organization does?
SMP is a leading manufacturer
and distributor of automotive parts for the Automotive Aftermarket industry
with an increasing focus on the Original Equipment market. We recruit for
professional positions for our headquarters located in Long Island City, NY.
What
kind of opportunities does your organization have for our students
(internships, full-time jobs, networking opportunities, events, etc.)?
We have a summer internship
program in Human Resources, Finance, Accounting, Product Development,
Engineering, and Demand Planning. Many internships may turn into full-time
employment upon completion of the internship. Other entry-level full time
opportunities are available occasionally as needed.
When
is the best time for our students to look for these opportunities?
Look on our website throughout
the year for entry level positions and check with the Career Resource Center or
look for us at the Career Fairs for internship opportunities.
What
do you typically look for from our students?
Prior internship experience or
leadership activities.
What
advice do you have for our students to be successful?
Network, network, network! Get
involved in extracurricular activities such as sports, volunteering, clubs,
and/or internships.
For more information about
Standard Motor Products, Inc., explore some of their resources:
Do you find these topics interesting? Have you ever thought about writing
a blog? If so, join our team! Please send any interests, inquiries, or articles
to Cassie Sklarz at sklarz@fordham.edu.
We'd love to hear from you!
Thursday, April 19, 2012
Employer Spotlight: KPMG's Mindy Ripp
Today's blog post is offered by a student, Katarina O’Regan.
As one of the four largest accounting firms in the world,
KPMG offers audit, tax, and advisory services to clients all over the world. With
both domestic and international internships that emphasize interpersonal
development as well as industry-related knowledge, this company provides great
opportunities for accounting majors.
As the Campus Development Manager responsible for schools
including Fordham and Cornell, Mindy Ripp is responsible for KPMG’s career
fairs, on campus presentations, and recruiting events. She emphasizes that although
GPA’s are important, leadership experience and extracurricular activites really
make an applicant stand out: “being well-rounded, having good communication
skills and networking effectively are key.” These skills ensure that a student
will be successful in the workplace and make the most of their position.
According to Mindy, one major aspect of networking is
“knowing when to leave a conversation and move on to the next.” Not overstaying
your welcome will ensure that you make good impressions while meeting a variety
of people. As a practical note, Mindy suggests that you wear comfortable shoes
at networking events and that you eat beforehand. You’ll most likely be on your
feet for much of the time and a calm, focused student usually makes a better
impression than one wincing in pain as they hit up the buffet table!
Internships with KPMG are aimed towards accounting students
in their junior year and are available in both the winter and summer. These
programs take care to train their interns not only in technical knowledge, but
also with regard to the soft skills (communication and presentation skills)
that are valuable in all workplace situations. Successful internships can often
lead to offers of full-time employment. There is also a 3 day leadership
program held each year during the summer aimed towards rising sophomores. The
participants are then eligible to apply for internship positions at the conclusion
of the program. Graduates can apply for full-time positions starting in 2013.
Though most of the positions for 2012 are filled, KPMG will certainly be
involved with students for future job opportunities and in the case of
additional need sooner.
Ultimately, Mindy says that interns with KPMG should be
“ready to learn a lot.” From the technical knowledge, to emphasis on
networking, and the leadership program to full time positions, KPMG offers
students many opportunities to succeed with one of the world’s most respected
firms.
Interested in a position with KPMG? Visit Mindy’s LinkedIn
page to find out more information and practice some of those valuable
networking skills!
Do you find these topics interesting? Have you ever thought
about writing a blog? If so, join our team! Please send any interests,
inquiries, or articles to Cassie Sklarz at sklarz@fordham.edu.
We'd love to hear from you!
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