Advice from a Graduating Senior

By: Marissa Humayun

Learning and growing. I guess that would be the common theme of my time here at Miami. Learning, of course in the classroom, but unexpectedly much more outside the classroom. Learning about life, relationships, friendships, the importance of family, how to face rejection, how to stay humble in your successes, trying new things, and letting go of old things. Each of these things I learned how to grow from. Taking pieces of the past to shape your future. Making sure that nothing you do goes without some sort of take away.

If I were to give an underclassman advice, these are the things I would say:

 

  • Try new things

 

One of the coolest things I was involved in throughout all 4 years at Miami was Global Business Brigades. If you didn’t already know, Global Business Brigades is a national organization that sponsors service trips to Panama, Honduras and Ghana to improve the economic stability of third world communities. I was a freshman at Mega Fair, very overwhelmed by all the ways I could get involved in here. I randomly stumbled upon the booth for Global Business Brigades, went to the first meeting, and from there, started an incredible journey with this organization. I went from a general member, to Director of Recruitment, to President, and all of that would not have been possible if I didn’t try something new.

I urge you to try something out of your comfort zone. I had never been to a third world country by myself before! That scared me! However, I wouldn’t trade that experience for the world.

 

  • Find a mentor

 

If it is your mom, call your mom. If it is your boss, have a sit-down meeting with them. If you connected with a certain professor, go into their office hours. Having people in your corner will help you through the tough moments of college. Whoever it may be, a mentor will have great advice for you, will be another ear to listen, and willne who knows YOU. I have had the fortune to find mentors in my boss, Monique Frost, and some fantastic professors here. I will always carry forward their words of advice and suggestions for my future.

 

  • It is okay to do things by yourself

 

I remember that was the weirdest transition when first coming to college. You are used to eating all your meals with someone, going to class with someone, always having someone. College will be the place you become independent. It is okay to eat by yourself. It is okay to take a class by yourself. It is okay to join a club by yourself. Be adventurous! This is the perfect time to do so.

 

  • Pick your friends wisely

 

I have had the fortune of making a few really quality friendships here at Miami, but that is due to how selective I was making friends. Put your time into people that care about you. If your gut is telling you different, listen to it! Surround yourself with people with similar values to you. And remember to lean on your friends, you are not annoying or needy or anything when you ask a friend for support. That’s why they are your friend!

 

  • Focus on balance, not perfection

 

This is advice my mom has given me since Day #1. Balance is key. There is no sense creating more stress for yourself, or making yourself unhappy for any reason. Be observant in your day to day, and if something is creating undue distress in your life, balance it out in whatever way you think is best. Long term, you will be so happy you did.

College has its ups downs, no doubt about it. No matter what though, you are learning and growing. Reminding yourself of that will make the 4 years you have on this beautiful campus so much more enjoyable.

Be humble, be kind, and soak up every moment here! Thanks for reading 🙂

Why Major in Marketing?

By: Grace Hoffmann

When I first came to college, I was initially a Finance major. However, after taking a few classes and speaking with my professors and advisors, I switched to Marketing. Why Marketing? Marketing stood out to me because there are so many jobs/occupations you can hold after obtaining a degree in Marketing. Also, according to the Bureau of Labor Statistics, the job outlook for an Advertising, Promotions, and Marketing manager is 10%, which is higher than the national average for all occupations! Most typical entry level marketing positions only need a Bachelor’s degree, thus allowing you to become employed directly after graduation.

WayUp describes Marketing as,“an umbrella term for anything dealing with the creation of a product or service and its subsequent branding in the hopes of getting people to buy or interact with it.”

At each different touchpoint of a product or service, there is a different marketing job. A different set of skills is needed depending on what you are working with. Thus, making marketing a very interesting sector to work in!

Some entry level marketing positions include:

  • Sales
  • Research
  • Advertising
  • Digital and Social Media
  • Communications
  • Public Relations

This list is just a start, to learn more, check out this article posted on The Balance.

By majoring in marketing and going through Miami’s business core, students are able to take both qualitative and quantitative classes. These are extremely necessary when wanting to work in any business environment!  

For more information regarding marketing and jobs in marketing, check out the resources below!

Sources and Resources:

https://www.thebalance.com/what-does-a-marketer-do-2295194

https://www.wayup.com/guide/marketing-major-right/

https://www.entrepreneur.com/article/287821

https://www.thebalancesmb.com/breaking-into-the-career-field-of-marketing-2295196

 

Chicago Finance Week and Miami Adweek

By: Marissa Humayun

Are you looking to improve your professional development this coming summer? Do you love the windy city? (and deep dish pizza???)

If you answered yes, you’re in luck! Miami University is once again offering students the chance to gain real world experience through Chicago Finance Week and Miami Adweek, both of which will take place August 19th – August 23rd, 2018! Both are experiential learning programs in which students are able to meet and network with alumni at Fortune 500 companies and participate in either a case competition or a stock pitch, both of which could give you some great talking points on your resume!

Here is a breakdown of both experiential learning programs offered:

Chicago Finance Week:
Finance majors with a 3.2 GPA or higher are welcome to apply to Chicago Finance Week. Here, students will spend 4 days in the windy city meeting alumni from leading firms like Bank of America-Merrill Lynch, Allstate, William Blair & Co., and Northern Trust, and seeing what a day in the life of a finance guru is all about. On top of this amazing opportunity, students will be tasked with creating a stock pitch, to present to executives at the end of the week. Does this sound like a good fit for you? Apply here for this unparalleled opportunity!

Miami Adweek:
Marketing, IMS, Psychology, and Strategic Communications majors with a 3.0 GPA or higher are welcome to apply to Miami Adweek. Here, students will spend 4 days gaining knowledge and insights about the industry of advertising, and networking with Miami Alumni currently employed Chicago’s Advertising, PR, and Media firms. In addition to the networking opportunities, students will have the chance to improve their teamwork and presentation skills by competing in a case competition. Students will also have the chance to present their case competition solution to top-ranking executives.Interested in Miami Adweek? Apply here for a chance to be selected for the program.

A side note:
I participated in Miami Adweek during the summer of 2016, and let me tell you, this opportunity is truly incomparable. Through competing in the FCB Case Competition, I learned so much about working in teams, letting group members’ strengths shine in different ways, and how to present to executives with poise. I even had the chance to be one of our team’s presenter and spoke in front of the CEO of FCB Chicago while presenting our team’s idea. On top of that, we toured 8 different ad agencies in Chicago, which was such a treat! I still talk about this experience today in interviews and it truly does provide you with real world experience (that you can obtain before the semester even starts!). I highly recommend this experience and have nothing but positive things to say about it!

Do you have questions? Contact Monique Frost at frostm2@miamioh.edu with any concerns about either program.

The Art of Communication

By: Grace Hoffmann

Knowing how to effectively communicate is a critical skill in our academic pursuits, our personal lives, and specifically, in the workplace. Communication is more than just talking with one another; communication is delivering information between groups of people or organizations through many different mediums. Although communication may seem simple, in order to be effective, you must be aware of the many connected components of communication.

Components of Communication in the Workplace

According to an article on The Balance written by Susan Heathfield, “there are five components to any communication and a sixth that is the overall environment of the workplace in which the communication takes place.” The five components include: the individual sending the message, the context for the message, the person receiving the message, the delivery method you choose, and the actual content of the message. Here is a brief breakdown of each component.

The sender: This is the person sending the message to the receiver. The sender should have a clear message that the receiver will understand. When acting as the sender, be sure to include enough details for the receiver, but do not include pointless information that will confuse the receiver.  

The context for the message: Why is the message being sent? What has happened, good or bad, that caused the message to be sent? In present day, with a vast majority of communication being online, the background behind the message is important to know in order to fully understand the circumstances regarding the information and to appropriately reply. When the message is given in person, look for non verbal cues such as gestures or body language in order to gain background on the message.

The receiver: The receiver receives the message from the sender. The receiver must listen, read, or view the message fully and carefully in order to obtain the information it contains. When acting as the receiver, be sure to ask questions if you are confused. Obtain clarification on any abnormalities. According to the Balance article, “if the receiver trusts the sender, the chances for effective communication increase.”  

The delivery method: When choosing the delivery method, think about how the message will be best communicated between the sender and receiver. Delivery methods could include in-person, email, text message, or written documents. All mediums are effective when used in appropriate settings. If using newer communication methods, both parties should be able to have access to it and have used in the past in order for the message to be effective and clear.

The content: What is being said? The content of the message should be clear and specific to the receiver. The content should resonate with the receiver.

Each of these components works together in order for a message to be appropriate and to be conveyed effectively. The article, “The Power of Good Communication in the Workplace,” by  Mikelle Despain, lists benefits of good communication in the workplace such as: mitigating conflict, increasing employee engagement, better client relationships, and a more talented and productive workforce.

As summer approaches and we begin preparing for the start of our internship or full time job, be aware of how you are communicating and make sure to consider each of the components of communication in the workplace in order to be a more effective communicator!

Sources:

https://www.thebalance.com/communication-in-the-workplace-1918089

https://leadershipchoice.com/power-good-communication-workplace/

 

FSB Wall Street Week 2019

By: Marissa Humayun

Picture yourself walking down Wall Street, and feeling the heartbeat of New York City with each step. Sandwiched between New York’s landmarks of the Brooklyn Bridge and the World Trade Center is the New York Stock Exchange. Facing the roman columns and golden fixtures of this building is none other than a statue our first president, George Washington. You squeeze your way through city tourists and walk up the steps and inside this famous building. You find yourself standing in the middle of the trading floor, surrounded by the commotion and excitement of traders auctioning off the day’s leading stocks.

Farmer School of Business’ Wall Street Week will allow you to do just this and so much more!

January 7th-January 21st, 2019, selected students will take FIN 320 in Oxford, Ohio to prepare themselves for the trip to NYC.

Then, January 21st-25th, 2019, selected students will have the chance to learn and practice equity analysis skills in a real-world setting of New York City. Students will be able to spend time in the city, pitch a stock to industry executives, and have the chance to network with industry executives from partnering firms of JP Morgan, Goldman Sachs, Bloomberg, Credit Suisse, BofA Merrill Lynch, and BlackRock.


Some things to consider:

  • Prerequisite course of FIN 301 is required
  • 2.75 GPA is required by Aug 2018
  • 45 earned credit hours are required by Dec 2018
  • Priority is given to sophomores/juniors, and Finance majors

Does this sound like something you would be interested in? Apply here by April 8th, 2018 for priority acceptance!

Contact Tom Boulton boultotj@miamioh.edu with any questions.

 

Workshop for Women: Why YOU Should Negotiate your Salary

By: Grace Hoffmann

Glassdoor recently published a survey that 3 in 5 American employees did not negotiate their salary. Even more shocking, over 68% of women accepted their offers without negotiating as compared to the 52% of men.

According to a Forbes article written by Carol Sankar, “negotiation is the key to closing the pay and value gap in the workplace and business. Women are not encouraged to perceive the value of developing an annual negotiation strategy without feeling penalized and judged. As a result, women will settle for lower compensation agreements and starting salaries.”

In order for change to occur, women need to know their value and be willing to negotiate for higher salaries or benefits.

Here’s a few strategies and tips to close the gender value gap and start negotiating salaries:

  1. Know your unique value proposition and be prepared to make a pitch– Your unique value proposition is what you are going to bring to the table for a job, corporation, or company. Be able to discuss why you are an asset and how you will contribute to the company directly and indirectly!
  2. Discuss more than just money – Negotiations should not only be about your salary. Be willing to take on more responsibility or ask for a new role. Through taking initiative and gaining more responsibility you just may find yourself with an increase in compensation and more potential in the future to earn a higher salary with  more benefits.
  3. Stay positive – Although most people find it uncomfortable to ask for a raise, know that you deserve it and have the right to do so. Keep your head high as you talk about your salary and what you want out of a job. If the offer is lower than you expected, be willing to ask why and what you can do. If it’s too low, be able to say no and move on. Continue the job search and find a job and salary that meets your skills, expertise, and potential.   

“The Center For Career Exploration and Success, Farmer School of Business, and The Women’s Center have joined forces to address the gender wage gap. Women who negotiate increase their potential to earn higher salaries and better benefit packages.”

The salary negotiation workshop will be held on Tuesday, March 27th from 5:30PM-7:30PM in the Shriver Center, Bystrom Room.

The workshop will discuss:

  • The gender pay gap and its long-term consequences
  • Personal value to the workplace – how to identify and articulate it
  • Persuasive responses and strategies when negotiating 
  • Benchmarking target salaries and benefits through market research

The salary negotiation will be followed by a networking event for students to connect with professionals!  

Register for the event on Handshake!

 

 

Sources and Other Resources:

https://www.glassdoor.com/blog/3-5-u-s-employees-negotiate-salary/

https://www.forbes.com/sites/forbescoachescouncil/2017/07/13/why-dont-more-women-negotiate/#64c77cde7696

https://www.thebalance.com/strategies-for-women-to-negotiate-a-higher-salary-4067697

 

 

 

 

Pre-recorded interviews: What are they and how can you succeed at them?

Image result for pre recorded video interview

By: Marissa Humayun

As we move into Post-Spring ICE season, students are beginning the interview process for many companies. True to the age of innovating the world of business through technology, many firms, like EY and J.P. Morgan, are beginning to conduct pre-recorded interviews.

As a tool for cost efficiency, firms are now prompting applicants a series of questions, and applicants must record themselves answering the questions. From here, you are given a certain amount of time to give and upload answers. While you may be thinking, “Oh sweet! I can wear my pajama pants and do this interview!”, pre-recorded interviews are a lot harder than what meets the eye. You are tasked with remaining personable through a camera lens, not having someone else’s energy in the room to play off of, and on top of that, you must answer some tough questions with poise.

Here are some tips when trying to have the most successful pre-recorded interview:

1. Dress for success

While a pair of flannel pajama pants and your high school track hoodie sounds like the epitome of comfort, you should dress for the job you want! Wear a suit and look the same as if someone was right in front of you asking you the questions. It will show the interviewer that you take the interview seriously, and it will give you a boost confidence knowing you look your best!

2. Practice!

Practice makes perfect as they say. When given your questions to answer, take a minute and write down some key points and practice moving through each point, and how it connects to your question. Some good things to remember are to give specific examples to an interview question, and the CAR (context, action, result) response structure to interview questions. Another thing to keep in mind is to if possible, practice with your given software beforehand, giving you the best opportunity possible for being prepared. EY, J.P. Morgan, and many other firms in financial services are using Yello as their platform.

3. Be a person, not a robot

Do not read off of a script. Make your answers genuine and fresh. While it may be tempting to write out a detailed response to a tough question, that is definitely not how an in-person interview would go. Show your personality through the way you answer the questions (just be yourself! Something to be e aware of is your web cam/camera angles and lighting as well. Lights, Camera, Action!

4. Speak at a normal pace

As you would in an in-person interview, take pauses, speak loudly and at a normal pace. The cadence of your speech is an indicator of your personality and make you unique, do not lose that because you are behind a screen. If you are given the interview questions beforehand, practice with another person asking you the questions. Looking at another human asking you the questions will help you realize the importance of maintaining your personality.

5. Look on the bright side

The opportunity to do a pre-recorded interview can be a positive thing! You can prepare as much as you’d like, you will not have to deal with in-person interview nerves, and you can conduct it in the comfort of your home.  

Overall, we hope this guide will help you if you are asked to do a pre-recorded interview!

[photo: Goldman Sachs]

[content: https://www.linkedin.com/pulse/5-tips-help-you-tackle-pre-recorded-job-interview-amy-edwards/]

6 Tips on How to Best Utilize Handshake

By: Grace Hoffmann

Handshake is Miami University’s platform for students and recruiters to connect for professional opportunities. Over 125,000 employers and 170 universities are using it AND every Fortune 500 company is on it. Handshake exposes students to more diverse opportunities and allows them to filter geographically where they might want to work and in what sector. Handshake is a very effective tool in the job search when used to its full capabilities! With that being said, here are a few tips to make your Handshake profile more successful:

1. Make your profile public


One of the most common mistakes we see is students having their profile set to private. Be sure to make your profile public to employers! When public, over 125,000 employers will be able to view your profile and reach out to you with job or internship opportunities. Check to make sure your profile is public on the “My Profile” page of your Handshake account.

2. Make sure your profile is “Complete”


Just as you take time to create, edit, and revise your resume, you should do the same for your Handshake profile. Similar to LinkedIn, Handshake allows us to add our past or current jobs, extracurricular activities, class projects, skills, and courses. Fill these out! The more complete your profile is, the easier it is for employers to learn about you and begin the recruiting process.

3. Add your Career Interests

 
The Career Interests tab is found in the drop-down menu under your name. In this section you are able to decide what type of job you are looking for, your ideal locations of employment, and industries that interest you. Be sure to fill this out and click as many of the boxes as you see fit! Handshake will then be able to more accurately recommend jobs or internships that you are interested in.

4. ‘Favorite’ companies you are interested in


Handshake allows us to “favorite” the companies you are interested in. Doing this keeps you updated on the current job openings they have and when the applications are due. You will be able to receive notifications of all of the companies you have starred and favorited.

5. Adjust your notification preferences


Don’t miss out on job postings. Handshake allows you to set and change how you want to be notified about job postings, interviews, career fairs, private messages from employers, applications, and appointments. Emails, notifications, and IOS push messages are the three options you have. This will help you keep track of when your favorite employer is posting a new positions! All of these can be configured in the notification page, found under the drop down panel under name.

6. Check Handshake frequently
Employers update Handshake regularly. Be sure to check Handshake often and continue applying for the jobs or internships that you are interested. Each day more and more jobs are added. Don’t miss out on them!

For more information about Handshake and for help setting up or completing your profile, make an appointment with FSB Careers in FSB 1022.  Check out our website for more information concerning the recruiting process. Stay updated with news and follow our student blog!  

 

5 Tips for Success at Spring ICE

It is the morning of Spring ICE at Miami University. You put on your suit, smile in the mirror, and give yourself an encouraging “I got this!” before walking out the door. You head over to Millett Hall and begin to notice many other students with padfolios and suits walking that same way. You open the doors to Millett and take your first step in.

Now what? So many employers on your list and only a few hours to try and secure an internship!

What do you do?

From attending Spring ICE three years in a row, I can tell you all I was that nervous (yet very eager) student, hungry for an internship/job, and overwhelmed by the event itself. If I were to give any advice to my past self, I could really point out 5 key tips on how to make Spring ICE the most successful and stress-free experience for you.

  1.       Do your research

Before each Spring ICE, I would look through the list of employers and come up with a list of 10 employers that I would like to visit. Narrowing down 220 employers to my top 10 was challenging, but I found that by matching each employer to my listed criteria (ie. Location, position, industry etc.), it made things much simpler. Now with Handshake, it is super easy to filter your employer search and find opportunities that do fit all or most of your criteria.

  1.       Map out your route

Seriously, make a map. It sounds silly, but as a visual learner, I found making a physical map of Millett and where each of my listed employers were very helpful. The visual map in front of you can help make the sea of booths seem much more manageable, and there is a certain feeling of accomplishment being able to check off a completed visit each employer. Now it’s even easier with the Fairs App (Download Instructions are posted on our website!), which gives you a digital map and  instant access to employer locations at Spring ICE.

  1.       Make a great first impression

There really is no science to it, you just have to let your personality shine while maintaining professionalism. Stand tall, have a copy of your resume in hand, be patient, and give a firm handshake to the recruiter you’re meeting. Vault suggests 5 Tips for Making a Strong First Impression in an Interview if you’d like further reading on first impressions in interviews.

  1.       Prepare answers to some common interview questions

For someone like me who loves to prepare for the unknown variables in an interview, formulating answers to common interview questions ahead of time can give you a sense of control in a somewhat unfamiliar situation. Vault suggests 21 Interview Questions Top Internship Programs Ask (and I think this is a great starting point for preparation!)

  1.       Hand over your resume with confidence

Now is this time to hand your resume to the recruiter. This piece of paper is a showcase of all of your amazing accomplishments thus far. It reflects why you deserve the internship/job, and it is something you should be extremely proud of. Be confident in what you bring to the table, and remember that you are looking for a mutual fit between yourself and the employer.

If you would still like to improve your resume before Spring ICE this Thursday, feel free to stop into our resume drop in hours in FSB 1022 or visit the Center for Career Exploration & Success in ASC 0045.

Whatever your concern may be before Spring ICE, take it from someone who has been there and done that, and use these helpful tips to your advantage before stepping foot into Millett on Thursday.

Good luck to you all on your job search!

 

Job Searching: Why Networking and Referrals Need to be your Top Priority

By: Grace Hoffmann

As Spring Ice approaches at Miami University, students of all ages and grades are searching sites such as Handshake, LinkedIn, and Indeed in hopes of finding the perfect job or internship to kickstart their career. These job search platforms provide a great amount of information on the companies visiting the university and about job openings, but are they really the most efficient and effective ways to start the hiring process at a company?

The quick answer: NO. Although the platforms listed above are a great way to start your search, there are many more areas that candidates should be focusing on in order to streamline the hiring process.

  1. Start networking early, and never stop

Aesop’s Fable of The Lion and the Mouse is a perfect example to show when discussing the importance of networking. Jim Fergle’s article discusses the fable and the moral of the story, “even the small and the weak may help those who are mightier than themselves” (Fergle). With the story, Fergle points out that there are many other points relevant to the business community and networking. One being, you need to “be ready to network anytime, anyplace and with anyone” (Fergle). It is very important to always be considerate of others and treat others with respect no matter their occupation or position in a company. You never know when you might need someone’s help or their network reach.

To learn more about networking and the extent of your network, take a look at the “Job Search Networking Evaluation”.

  1. Get an employee referral

What is a referral? A referral is a recommendation from an employee or past employee at the company you are applying to. According to an article on U.S. News online, “when an employee refers someone, that candidate is hired about two-thirds of the time” (U.S. News). Referrals are an amazing way to connect with a company! Referrals speed up the hiring process and increase your chances of getting hired.  Over 75% of job seekers and those looking to hire candidates even ranked employee referrals in the category of “high to extremely high importance” (U.S. News). So that being said, research the company and use your contacts within the company to get hired!

With such a strong alumni pool, being a student at Miami University is the perfect reason to start your networking early and to get connected! Check out the LinkedIn Alumni Tool to see where past students are working and living.  Message or email them to learn more about their position or the company and get networking!  

References:

https://money.usnews.com/money/blogs/outside-voices-careers/2015/10/07/7-things-you-should-know-about-employee-referrals

http://dreamjobcoaching.com/job-networking

http://www.worknetdupage.org/blog/2016/01/20/networking-important-job-search/

https://www.linkedin.com/pulse/networking-aesops-fable-lion-mouse-jim-fergle-cwdp/?trk=pulse_spock-articles