4/27/2004 UNC Charlotte 1 Accounting Students: Recruiting and Internships.

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Presentation transcript:

4/27/2004 UNC Charlotte 1 Accounting Students: Recruiting and Internships

4/27/2004 UNC Charlotte 2 An Exciting Program 1. Outstanding and highly motivated students. 2. Outstanding faculty members. 3. Courses that prepare students for great success in accounting, finance, law, etc. 4. Success of our graduates.

4/27/2004 UNC Charlotte 3 Your Career How Far Do You Want to Go? Lets look at two examples of UNC Charlotte Grads in the news.

4/27/2004 UNC Charlotte 4 Lowes Robert Niblock was appointed president of Lowe's on March 1, He joined the company in 1993 and served as executive V.P. and CFO. He earned a bachelor's degree in accounting from the University of North Carolina-Charlotte and is a certified public accountant.

4/27/2004 UNC Charlotte 5 Lowes With fiscal year 2003 sales of $30.8 billion, Lowe's Companies, Inc. is a FORTUNE 50 company that serves approximately 10 million customers a week in 45 states. In 2004, FORTUNE named Lowe's America's Most Admired Specialty Retailer for a second consecutive year. Based in Mooresville, N.C.,

4/27/2004 UNC Charlotte 6 Lowes

4/27/2004 UNC Charlotte 7 Success of Our Grads Terry Lisenby, 52 CFO, Exec. VP, Treasurer Nucor Corp (NUE) Salary: $ 802,000 Terry is the fourth from the left in the next picture (NUCOR Officers).

4/27/2004 UNC Charlotte 8 Terry Lisenby, CFO, Nucor

4/27/2004 UNC Charlotte 9 Other Alumni Succeed as: Partners in Accounting Firms Controller of Northeast Medical Center Controller of Sisters of Mercy Senior VP of Habitat for Humanity CEO of family companies Accounting professor-Middle Tennessee State Univ.

4/27/2004 UNC Charlotte 10 Some Top Employers Bank of America Wachovia KPMG Deloitte & Touche Duke Energy Pricewaterhouse Coopers Hearst Corporation Dixon Hughes Potter & Company IBM Lowes Etc.

4/27/2004 UNC Charlotte 11 UNC Charlotte B.S. Placement in Calendar Years: No.% Public accounting - big five6515% Other public acctg. & related prof. services11025% Banking and other financial services7918% Other corp. employers, family business, etc.14933% Government, healthcare, other not-for-profit317% Etc.50

4/27/2004 UNC Charlotte 12 Importance of 150 Hrs Keep in mind that you have to have 150 hours if you want to be a CPA. Many CPA firms will only consider hiring those who will complete 150 hours.

4/27/2004 UNC Charlotte 13 Importance of 150 Hrs Many top employers (other than public accounting) want to hire students who have the ability and desire to be CPAs. They compete with CPA firms for students with top academic & professional records.

4/27/2004 UNC Charlotte 14 Importance of 120 Hrs Some top employers are happy to hire those who will only complete 120 hours. Those jobs may involve less reliance on technical skills (MACC courses not taken).

4/27/2004 UNC Charlotte 15 How to Get a Great Start 1. In business, we have to work to promote our careers – starting with getting that first job. 2. Students want to show employers that they have the educational background, commitment to excellence, skills, etc. to be a valuable employee.

4/27/2004 UNC Charlotte 16 How to Get a Great Start 3. Prospective employers need a way to see if job candidates have the qualities they need to be successful.

4/27/2004 UNC Charlotte 17 How to Get a Great Start 4. A 30-minute interview is important, but not enough. 5. Internships can be the answer.

4/27/2004 UNC Charlotte 18 Many Employers…. 1. Make job offers to about 90% of their interns – when the internships are completed. 2. Have about 90% of those offers accepted. 3. Have decided that internships will be the way that they hire most of their new employees.

4/27/2004 UNC Charlotte 19 Shocking News??? Nobody wants to hire you, if

4/27/2004 UNC Charlotte 20 Shocking News???..they don’t know who you are!

4/27/2004 UNC Charlotte 21 Solution!!! You must sell yourself to employers!

4/27/2004 UNC Charlotte 22 Solution!!! You must attend networking events.

4/27/2004 UNC Charlotte 23 Solution!!! Networking: 1. Beta Alpha Psi 2. Other Organizations 3. Recruiting Picnic 4. Career center events

4/27/2004 UNC Charlotte 24 Our Plan: Help students who want to obtain internships

4/27/2004 UNC Charlotte 25 Our Plan Public Accounting Firms often want interns during the Busy Season. If you want to work for these firms, you need to plan your schedule so you can spend the Spring of Senior year working full-time. Then come back to UNC Charlotte to complete the BS and the MACC.

4/27/2004 UNC Charlotte 26 Our Plan Some Public Accounting Firms want interns to work at times other than during “busy season.” Some banks, other corporations and government also recruit interns for various time periods.

4/27/2004 UNC Charlotte 27 What You Must Do You should already have your resume prepared, and seek input on how to improve it. You should already have a list of recruiters for firms you hope will seek to hire you.

4/27/2004 UNC Charlotte 28 What You Must Do You need to register with the Career center not later than the first day of class for the fall semester, senior year.

4/27/2004 UNC Charlotte 29 What You Must Do You need to attend the recruiter picnic in September. Attend Beta Alpha Psi Firm Night, etc.

4/27/2004 UNC Charlotte 30 Brutal Fact-1 You don’t deserve a good job if you don’t get involved in recruiting with energy, enthusiasm & creativity.

4/27/2004 UNC Charlotte 31 Brutal Fact-2 You won’t get a good job if you don’t get involved in recruiting with energy, enthusiasm & creativity.

4/27/2004 UNC Charlotte 32 What You Must Do You must place a very high priority on your job search. Work on it without ceasing.

4/27/2004 UNC Charlotte 33 Our Students Succeed Because they insist on excellence (including the area of recruiting).

4/27/2004 UNC Charlotte 34 Conclusion Questions? Dr. Patricia Mynatt