Business and Economics Co-op First Year Information Session
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Business and Economics Co-op
First Year Information Session
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CO-OP AT LAURIER
Gain practical experience to complement academic studies
Personal attention by co-ordinators both during job search and work terms
Students complete two full years of academic study before the first work term
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Co-op Work Term Sequence
Term Fall (Sept.-Dec.) Winter (Jan.-April) Spring (May-Aug.)
Year 1 1A Academic 1B Academic Summer Vacation
Year 2 2A Academic 2B Academic Work Term 1
Year 3 3A Academic Work Term 2 3B Academic
Year 4 Work Term 3 4A Academic 4B Academic
Sequence One (Some students do an 8-month work term from May through December)
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Co-op Work Term Sequence
Term Fall (Sept. – Dec.)
Winter (Jan.–April)
Spring (May-Aug.)
Year 1 1A Academic 1B Academic Summer Vacation
Year 2 2A Academic 2B Academic 3A Academic
Year 3 Work Term 1 3B Academic Work Term 2
Year 4 4A Academic Work Term 3 4B Academic
Sequence Two
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Co-op Work Term Sequence
Term Fall (Sept. – Dec.)
Winter (Jan.–April)
Spring (May-Aug.)
Year 1 1A Academic 1B Academic Summer Vacation
Year 2 2A Academic 2B Academic 3A Academic
Year 3 Work Term 1 Work Term 2 3B Academic
Year 4 4A Academic Work Term 3 4B Academic
Variation of Sequence Two
This sequence is suitable for students looking to work for a CA firm
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JOB SEARCH PROCESS
Job descriptions posted through co-op’s online system
Students apply to positions that interest them Employers review resumes Employers decide who they would like to
interview During the primary recruiting period, job offers
are managed through the rank/match process Students are also expected to conduct a
personal job search to complement the job posting process
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BENEFITS
Investigate and define career choices Apply theory from class in a “real
world” environment Assess and develop employment skills Acquire job search skills Develop industry contacts Obtain one full year of work experience Help finance your education
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First Work TermMay-August
Second Work TermJan. - April
Third Work TermSept. – Dec.
Industry / Commerce $660 $729 $776
Government $597 $645 $686
Financial Institutions(excluding investment banking)
$694 $783 $823
Chartered Accounting
$744 $793 $880
WEEKLY SALARY SURVEY 2013
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REALITIES
Financial commitment Economy No guarantee of employment (employment process
may be lengthy, particularly for first work term) Relocation is often required during work terms Limited business/non-business electives available
during spring academic terms Extracurricular activities and vacation time are
restricted Graduate later On work term during grad recruitment Increased workload
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CO-OP ACTIVITIES
• October Information session Resume workshop My Learning Space
materials• November
Job search workshop Resumes due CA interview skills CA mock interviews CA job postings
• December/January CA interviews Interview skills workshop Mock interviews
• December/January Non-CA job postings Rank/match sessions
• February Non-CA interviews Second round postings
• March Work term preparation
workshop Job postings and
interviews continue• April/May/June
Personal job search Job postings and
interviews continue
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Functional Areas May to August
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Employment Locations
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SAMPLE JOB TITLES
Investment Research Assistant, Gluskin Sheff + Associates Junior Staff Accountant, KPMG Business Analyst, Hewlett-Packard Assistant Marketing Manager, PepsiCo Beverages Canada Analyst, RBC Capital Markets Sales & Marketing Coordinator, Samsung Canada Marketing Communications, Microsoft Product Specialist, Desire2Learn Brand and Product Manager, Kik Interactive Inc.
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APPLICATION PROCESS
On-line application available in March Application Deadline – September 15, 2014 Step 1 - Overall first-year GPA cutoff established in July
(last year was 8.4; we expect it to be higher this year) Step 2 - Individual interviews Sept.-early Oct. (begin the
first week of September) Step 3 - Co-ordinators meet to select successful
applicants
Decisions posted by e-mail on October 3, 2014 No waiting list One entry point; may not apply again later
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MARKS FOR APPLICANTS Actual average GPA of group admitted is usually much higher than the
minimum GPA required to receive an interview Minimum GPA in 2013 was 8.4; average GPA of students admitted in
2013 was 9.98 We will not consider other courses you complete after winter term
unless:o they are required for progression to second yearo you completed fewer than the equivalent of five full credits
Students who have to repeat courses or take additional courses to achieve minimum GPA may be evaluated lower than those who meet GPA by April
Students who completed five courses in winter may be evaluated higher than those who completed four
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THE INTERVIEW
Candidate who meet the minimum GPA are offered a 15-minute formal interview conducted by two co-op co-ordinators
Read introductory statement before interview
Assess:o Work experience from beginning of grade 11 to end of
summer before second yearo Volunteer service and extracurricular activities from grade
11 to end of Orientation week of second yearo Marks o Interview performance
Equal weight is given to each category
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THE INTERVIEW
Assess what candidates communicate in the interview, not items listed on the resume
We don’t consider activities you’re going to do (only what you’ve done up until the end of O-week)
You will be asked about your work term sequence preferences. Students are assigned sequence (try but can’t guarantee student preference)
Most students choose Laurier in part because of Co-op, not able to consider this as reason to admit students
No References – unable to accept any references as part of the application process
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THE INTERVIEW
It is each student’s responsibility to present his or her background and skills within the 15 minutes
Opportunity at end of interview to provide information not discussed in response to interview questions
STAR system used to evaluate responses
Learn how to be successful in an interview; do research and attend a workshop through the Career Development Centre
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STAR
SITUATION – provide a clear framework; explain why it was a challenging situation
TASK – the problem or task that needed to be resolved
ACTION – the steps YOU took in detail
RESULT! – the end result; was it successful?
Make sure your answer has a beginning, a middle and an end
The STAR Method
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STATISTICS
Competitive selection process
Enrolment in co-op is limitedo last year more than 716 students appliedowe extended offers to 380 students in 2013
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THE STUDENT PERSPECTIVE
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QUESTIONS?
Rather than seeking information from other sources, get accurate and current information from the Co-op Office at ext. 4484 or visit our website at www.wlu.ca/co-op