pursu tjordancm.weebly.com/.../pursuitmagazinefall2009.pdf · College before fall 2009 do not need...

Getting an internship: Do you have the edge?How to start professional networking.The College of Business is getting a new home!

how are you paying for college?

COLLEGE OF BUSINESS

pursu tBusiness advice tailored for students by students Fall 2009

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You might be new to the program or thinking it may be the right one for you or are still undecided about which major is for you. Whatever your situation, we hope you !nd the information in this publication helpful when making decisions for your future. That’s why we created it. For students who are thinking about or are pursing a career in business!

We are students just like you. We understand you are bombarded with information. We also know you are loaded with ambitions but short on time.

That is why your magazine isn’t full of "u#, no !llers. Pursuit gives you the low down on getting into the College, choosing a major, joining clubs, securing internships and maintaining an active role in your education.

We’ve spent extra time on topics that are meaningful to students: money, technology and, of course, getting a job! In Show Me The Money, we pro!le four College of Business students and explain how they pay for college. Innovation for the Next Generation showcases the new academic building that is the future home for the COB. LinkedIn to your Career is a how-to article that will help you transition from social networking to professional networking.

This magazine was a collaboration between the College of Business and the Department of Journalism students. Students enrolled in John Mozingo’s Selling and Sales Management course were required to sell advertising to fund the new publication. Students in Dana Baumgart’s Magazine Editing and Production course developed the editorial and design strategy and were responsible for production. A few of us hung around after the spring semester for !nal production.

Together, sixty-eight students worked on this publication over the past year. The marketing students had to overcome today’s economic times and the challenge of being taken seriously. At the end of the process, the students gained invaluable, real-world experience. As journalism students, we will never look at a magazine the same way again. We were able to contribute to every step of producing this magazine; from content development and editing to developing the magazine’s design strategy.

Most importantly, we all learned how to work as a team. We learned that it is the variety of expertise and collaboration among people that develop a truly outstanding publication. We all put ample e#ort

into every aspect of the publication, from brainstorming a title (over 100 UW Oshkosh students voiced their opinions) to working in peer groups.

We gained a new perspective on the idea of “students helping students.” Looking back, we would have loved for someone to put something like this together for us when exploring our academic careers.

We have no doubt this publication will be extremely valuable to those who read it. So sit back and enjoy!

Sincerely,

The Magazine Editing and

Production Spring 2009 class

dear Pursuit readers,

features editorial philosophyPursuit is created by students for students to provide accurate and relevant information and to promote the University of Wisconsin Oshkosh College of Business, its programs and extra-curricular activities. The audience of this publication is a new generation of business leaders who are resourceful and optimistic about the future. To speak to them, Pursuit uses a friendly, conversational tone.

Pursuit creates a sense of belonging to the College, motivating its audience to proactively seek opportunities, both inside and outside of the classroom, to maximize the college experience and be prepared for careers in business.

publishing information Instructor and Production Supervisor: Dana Baumgart (BBA ‘01)

Editorial O$ce: College of Business, UW Oshkosh, 800 Algoma Boulevard, Oshkosh, WI 54901 Pursuit is published annually in the fall by the UW Oshkosh College of Business. The magazine is distributed free of charge to 2,500 current and potential students, two-year transfer students and high school students and their parents. UW Oshkosh admits students of any race, color, creed, gender, age, sexual orientation, national and ethnic origin and disability status to all the rights, privileges, programs and activities accorded or made available to students at the school. UW Oshkosh does not discriminate in these areas in the administration of its educational policies, scholarship and loan programs, athletic and other school programs. ©University of Wisconsin Board of Regents 2009

16show me the money

22innovation for the next generation

The journalism students took a break during the !nal production days.

Molly Smits getting ready for the photo shoot.

The class working on our blueprint wall.

Mariah and Jason hard at work.

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Paid�in ternships�with�oppor tunities�for�fu ll-time�su mmer�

employment and flexible scheduling. �all internships and full-time openings posted online.

e m p o w e r i n g r e a l p e o p l e1-800-926-9768 www.M-P-LLC.com�215 Power Drive Berlin, Wisconsin 54923-2420 ™ trademark and ® registered trademark of Magnum Products LLC

When you work with us, you don’t just work with Magnum,

you interact with real people who get to know your needs and

take a personal stake in your success.

messagemajor changes

“The motivation

was to help students clarify what major is best for them,”

Dr. William Wresch, Associate Dean for

Undergraduate Programs

Business students must complete new standards in 2009-10

Professional Development ChecklistTake an Interest Pro!ler through WISCareers.

Search Occupational Outlook Handbook and submit summary.

Attend at least 1 career fair and 3 student club meetings.

Write answers to esssay questions.

student club meetings or other approved development sessions. They must print out their attendance history from Titan Jobs and highlight the sessions they attended.

Wresch said the most important requirement was attending club meetings.

“In some cases our students are going to hear the speakers and get excited

about the possibilities,” Wresch said. “And the student sitting nearby is

thinking ‘I don’t think so.’ Both those outcomes are great.”

Communication Skills

Last, students must answer two questions in less than 250 words:

1. Why am I choosing this major and how does it !t my skills and interests?

2. What areas do I need to develop to become a more prepared business professional?

“The essay questions encourage students to re"ect on ‘why I’m doing what I’m doing’,” Wresch said.

It should be re"ective and professional with correct grammar, spelling and punctuation.

Contact Dr. William Wresch (Clow 151) at [email protected] or (920) 424-4151 for more information.

New requirements this semester will help incoming freshmen and transfer students understand their intended major and gain knowledge of the day-to-day activities they will face in their futures.

“The new requirements were created after reviewing survey results of all incoming freshmen, which indicated students were struggling to !nd a major,” said Dr. William Wresch, Associate Dean for Undergraduate Programs.

Students accepted into the College before fall 2009 do not need to ful!ll these requirements.

Self-Awareness

need to take an Interest Pro!ler through WISCareers to !nd what career is best for them and bring the pro!le to their advising session.

Market AwarenessThe second requirement asks students to search the Occupational Outlook Handbook and submit an occupation summary that includes !elds within the occupation, the educational requirements, a 10-year growth projection, the median salary and the average starting salary.

Professional DevelopmentThird, students are required to attend at least one of two annual career fairs and at least three

www.business.uwosh.edu/currentstudents/ undergraduate/admission_profdev.php

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Peer Advising Liaisons (PALS), a group of trained college students, work in collaboration with the Undergraduate Advising Resource Center (UARC) program. PALS o#er a walk-in service available to all students.

PALs are returning UW Oshkosh students committed to helping students reach their college goals.

“Sometimes all the (students) need is to talk to a student like themselves to help understand things from a student’s perspective,” said Matt

students allows us to really interact well with and better help students with their problems.”

Every journey has to start somewhere; college is no exception.

There isn’t a “how to” guide on surviving college, and even if there were it wouldn’t be written in black and white. The key to college success is preparation and strategic planning.

Whether you are a pre-business student feeling the anxiety of deciding on a major, a transfer student looking to !le a curriculum modi!cation appeal or a senior in academic trouble—the Undergraduate Advising Resource Center (UARC) can help to prepare you for the many twists and turns that will undoubtedly surface along the way.

“Asking for help is a strength and advising is a great place to start that process,” said academic advisor Houa Xiong. “Advisors are connected to many resources so we can make referrals for students to make their transition easier and successful.” The advising sta# caters to all undergraduate COB students, regardless of education level, and o#ers a wide variety of services aimed at helping students succeed.

The UARC, located at 130 Dempsey Hall, recommends students visit their assigned advisor every fall and spring semester for the purpose of selecting classes, exploring options, discovering personal interests and skills, investigating careers and preparation.

“I wish that every student would know we are here to encourage them to discover themselves, teach them to learn about their academic and career possibilities, and give them the resources they need to identify and reach their ultimate academic goals,” said Cindy

Students can call or walk-in to schedule an appointment during general hours, Monday through

current students. www.uwosh.edu/advisingwww.uwosh.edu/advising/students/pals

by: Heather Larson

PALS is a group of college students who work with UARC and o"er peer-to-peer advising sessions.

What do you wish business students knew about advising? Advising is a tool to use in reaching their academic and personal goals. Advisors make suggestions in conjunction with discussing student goals.

How does the advising department as UW Oshkosh differ from other universities? On our campus, both the UARC and the faculty advise students. The UARC business advisors are assigned to all non-admitted business students. Once a student is admitted to the COB, they are assigned a faculty advisor in their major.

What is the most difficult part of your job? One of the most difficult parts of my job is gathering current information to properly assist students. This includes policies, requirements, programs, clubs and resources—to name just a few.

Morris Hampton, Senior Advisor (BBA ’79, MPA ‘98)

get to know your PALS

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www.business.uwosh.edu 92 Student Publication 2009

2008 Average Starting Salary: $39,429

Careers range from environmental policy development or law school to credit management for a commercial bank or store management.

Half of the students are enrolled in the BBA program and the other half are working on BS or BA degrees.

Challenge, which gives students a !rst-hand look

Selecting the right major can be just as difficult as finding the right significant other. Pursuit gives you the facts that can help

you in the search (for a major that is).

know your major accounting economics MIS human resource management finance marketing supply chain and operations management


Besides Sales, there are a variety of careers available to Marketing majors including Advertising and Public Relations, Brand and Product Management, New Product Development, Customer Relations and Promotions Management.

The Marketing Club is the largest student club on campus.

Students can participate in the National Student Advertising Competition through the Journalism Department.


Information systems help businesses compete globally via the power of technology to make decisions and run business operations e$ciently.

MIS majors learn to analyze business problems and processes, design business solutions, use technology to solve business challenges and use the most up-to-date technology tools.

With exponential growth in Information Technology and the Internet, there is also exponential growth for careers in this !eld.

by: Katy Herron

COB student tip #1A minor can make

you a more desirable job

candidate.

COB student tip #3Before accepting a poition in sales, be comfortable with

cold calls or walk-ins.

COB student tip #4Be open-minded

when starting a new job because there may

be opportunities for future promotions.

COB student tip #2Align your strengths

with your major.

Economics

Marketing

ManagementInformations Systems


invest capital. Professionals in this !eld deliver strong investment, !nancial planning and real estate decisions.

Careers are available in the following !elds: Corporate

Companies have started hiring !nance majors for cost estimation, projecting revenues, annual reports and even contract negotiations.

Finance

Want to investigate further? www.business.uwosh.edu/currentstudents/undergraduate/majors/index.php

8 www.business.uwosh.edu 9

Calling All Employers

accounting, economics, MIS, human resource management, finance, marketing, supply chain and operations management

accounting economics MIS human resource management finance marketing supply chain and operations management

COB student tip #5

Accounting2008 Average Starting Salary: $44,470

Nearly 50 percent of accounting graduates work for public accounting !rms.

To be eligible to take the CPA exam, you must have earned 150 credits.

There is a high demand for accounting professionals in health care due to changes in Medicare.


HR professionals develop recruitment, training programs, motivate and reward desired behaviors, and help set a strategic direction for companies.

Careers in Training and Development, Non-Pro!t Organizations, Law and Organizational Psychology.

In tough economic times, HR Management can be more important than ever.

Human Resource Management


SCOM teaches the tactics utilized to e$ciently integrate suppliers, producers and distributors so that products and/or services are delivered at the right time, to the right place, in the right quantity, at the right cost in a sustainable manner.

Careers range from manufacturing, merchandising, service institutions, transportation and third party logistics.

With advancements in technology, job seekers will !nd an extensive knowledge of computers puts them ahead of the competition.

Supply Chain Operations Management

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Part-time jobs and internships help you to network for after college

careers.

COB student tip #6Apply for jobs and internships early,

most companies take 2-3 months for theinterviewing and hiring processes.

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the worldwide marketplace. Guest speakers, workshops, study abroad opportunities, social events and fundraising are all on the agenda each semester. CONTACT: Dr. B. S. Sridhar, [email protected], CF203, 424-0199

Management Information Systems (MIS)

To create an active relationship within our community, MIS does several

campus events like helping the UW Oshkosh Academic

Computing Department with their annual

computer fair and holding an annual banquet for guest speakers. MIS is open to all students.

CONTACT: Dr. Mike Eierman,

[email protected], CF205, 424-0183

Phi Beta Lambda

(PBL) Future Business Leaders

of AmericaThe Club brings in guest speakers, goes on company tours and provides services to the community through multiple fundraising activities. A UW Oshkosh student, Amber

PBL President.

CONTACT: Jodi Carlson, [email protected]; Ashley Aegerter, [email protected], or visit www.uwosh.edu/pbl

ambassadors . apics . beta alpha psi . economics . finance . ima international . mis . phi beta lambda . shrm . smpnew . yes

Finance ClubThe Club arranges for local businesses— like M & I Bank, Oshkosh Truck Corporation, and Edward Jones— to give presentations and host

sponsored by corporate businesses, networking is a must!

CONTACT: Dr. Kunkel, [email protected], CF108, 424-7191 The Institute of Management Accountants Student Chapter (IMASC)The IMASC provides students the opportunity to learn about the management accounting profession and develop relationships with local business professionals. Such learning encompasses internship and full-time employment, certi!cations and person and professional skills. The IMASC is open to all students.

CONTACT: Dr. Steve Makar, [email protected], CF120, 424-0158

International ClubMembers experience unique cultural entertainment and network with global business professionals. The purpose of this corporate-funded organization is to help students gain the skills to become successful in

“Take advantage of all the opportunities the University provides

and participate in many activities,”

Nicole Knapmiller Marketing and Finance major

Have you heard? “Just getting by” isn’t going to cut it anymore. Employers want to hire people with degrees and business experiences.

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by: Jordan Clark-Mand & Ashley Taylor

The College is requiring incoming freshman and transfer students to attend at least three club meetings before admission. Since it’d be a waste of time to attend meetings just to ful!ll requirements, Pursuit has put together information on 12 student clubs so you can see which ones would be the best for you. Most clubs are open to all business majors!

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APICS meetings once a month. UW Oshkosh’s APICS club has won 17 Platimum awards, which is more than any other University APICS club.

CONTACT: Dr. Godfrey, [email protected], CF 231, 424-1232

Marketing Club/SMPNEWMembers of the student Sales &

Marketing Professionals of North East Wisconsin (SMPNEW)

chapter host on-campus speakers, work on occasional marketing projects for local businesses, hold social events, and are invited to attend dinners with the professional SMPNEW association.

CONTACT: Dr. Bryan Lilly, [email protected],

CC 151, or visit www.uwosh.edu/marketingclub

Beta Alpha Psi (BAP)BAP is a national honorary organization for !nancial information students and professionals. The primary objective of the UWO chapter is to encourage and give recognition to scholastic and professional excellence in accounting. This includes promoting the study and practive of accounting, providing opportunities for self-development, service and association among members and practicing professionals, and encouraging a sense of ethical, social, and public responsibility. BAP is

As they always say,

its not what you know, but who you know!’”

Ben Wizner Marketing and SCOM majors

open to asll students who meet the requirements of the UWO chapter. CONTACT: Dr. Steve Makar, [email protected], CF 120, 424-0158 or visit www.uwosh.edu/betaalphapsi

Society for Human ResourcesManagement Student Chapter (SHRM)The UW Oshkosh chapter ranks in the top 20 percent of national SHRM organizations. Being

members develop mentor/mentee-like relationships and are encouraged to visit their mentor’s workplace. Members are involved in community service projects, fundraisers and social events, including trips to Brewers and Timber Rattlers games. Speaker meeting topics include salary negoations, employee assistance programs, wellness initiatives, managing diversity and resume building.

CONTACT: Dr. Sarah DeArmond, [email protected], CF308, 424-7192

COB AmbassadorsThe Ambassadors are a prestigious group that represents the College at events, within various projects, and on the Dean’s Council, Advisory Board meetings and the annual dinner. Based on students’ GPA (3.5 or higher) and accumulated credits (45 or more), the COB Ambassadors invite any students to apply for membership. CONTACT: Patti Wild, [email protected], 424-3147 p

Marketing Club Annual Golf Outing 2008

Young Entrepreneurs Society (YES) YES provides the information, insight and tools necessary to help students who have the aspiration o f owning their own business. By participating in activities like running a campus business and networking with local entrepreneurs, students gain essential experience and knowledge. Members also attend conferences and collaborate with the COB and community businesses to lead projects. YES is open to all COB students.

CONTACT: Dr. C. Burk Tower, [email protected], CC151, 424-0351

Economic Student Association (ESA)The Club promotes interaction between ESA and faculty members to understand economic issues among UWO students. The Club created

Challenge team, which deals with macroeconomic forecasting. ESA also plans an annual trip to see the Board of

CONTACT: Dr. Chad Cotti, [email protected], CF 328; Dr. Sarinda Taengnoi, [email protected], CF 329

American Production & Inventory Control Society (APICS)APICS provides information on supply chain and operation management activities. The club holds three meetings and one plant tour

“Getting involved when you

are a freshman is very bene!cial, especially

if you don’t know exactly what you want to do

with your major.”

Jessica Sibilski COB Accounting and

Finance major

14

You think about money several times a day. You need it for your cell phone bill, to pay rent, to make a car payment, to !ll up your gas tank, to buy food and, of

course, to have a good time! Stop the insanity!

by: Josh O’Bright & Molly Smits

$HOW ME THE MONEY

SReally take the time to write the application and proofread.

Have your professors or peers review your application. Get important feedback or suggestions.

If you receive a scholarship, always follow-up with a hand written thank you letter.

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Senior, Human Resource Management Major


application and most, if not all answers will come o# one’s resume,” Jermier said.

Students can !nd directions, quali!cations, and applications online. Winners are determined by the criteria which includes !nancial need, merit and talents. There is an opportunity for anyone who applies because board members, who award the scholarships, spread the wealth. “The most important thing to remember is to be aware of the deadlines on the scholarships,” Contreras said. “They are almost a year ahead.” “To be considered, students need to follow instructions,” said Patti Wild, undergraduate administrative assistant for the COB. In addition to scholarship money, there is a prestige that comes with winning a scholarship. “I always talk about my scholarships in interviews because anything that puts you apart from the competition is crucial in business,” COB senior Ashley Romenesko said.

Being a college student can be !nancially exhausting. Being a college student in a time of economic trials can be that much more challenging. Pursuit magazine wants to tell you four ways to battle !nancial burden.

Battling Debt We all have one thing in common; make it to graduation day without thousands of dollars in debt. One thing you may have not known about are the opportunities you have to alleviate some potential debt before you make payments.

“The average loan debt a UW Oshkosh student has upon graduation is approximately $23,000,” said Beatriz Contreras, director of !nancial aid at the University. What does a college degree cost at

Wisconsin residents, paid $3,018.66 for the spring 2009 semester. Making the most of the money students have while in college can decrease the amount of debt incurred. Making and sticking to a budget can help students from overspending. UW Oshkosh College of Business alumni Amy

for Individuals course to understand !nances. “That class teaches everything from car insurance to buying a house to investing. It’s a great class for everyone,” Jermier said.

Earning Scholarships One of the most available ways to get money that never has to be paid back is through scholarships. And the best news is that a 4.0 is not required! “Students think they need a 3.0 or 3.5 GPA, but that is not the case,” Contreras said. Many scholarships only require a 2.5 GPA.

“The College of Business really can’t make the process much easier, there is only one

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Workhorse Todd Doering has lived and breathed his entire college career under the philosophy: get in and get out.

An SCOM major, Doering has willingly sacri!ced his summers to countless work hours to see this philosophy materialize as swiftly as possible, working upwards of 80 hours a week at multiple summer jobs.

“I have a strong enough grasp on how much money I have, and I know I can’t go out and buy whatever I want,” said Doering, whose biggest college indulgence has been a used truck.

Working excessively in the summers, in addition to a cheap lifestyle, has given Doering the capacity to hoard credits over the school year without the hassle of working.

“I think a lot of students slack o# by not taking as many credits as they can each semester and end up spending more time and money than needed,” Doering said.

SRomenesko has lived by the quote “Every challenge is great when greatly pursued.”

Driven to succeed in everything she does, Romenesko has habitually been labeled an overachiever, to which she openly confesses.

“A lot of people are afraid of challenges, but I enjoy them because the feeling of accomplishment I get when I succeed,” Romenesko said. “My number one challenge is !nding balance in everything I do.”

She has paid for college with a persistence that parallels her life philosophy, balancing work with scholarships and !lling in the gaps with her lifesavings and some parental assistance.

Romenesko has won a dozen scholarships to date. “I am a scholarship hunter who avidly searches for scholarship opportunities,” Romenesko said, “I really take the time to do the research and thoroughly make it a good application.

The WorkhorseTodd Doering

The Go-GetterAshley Romenesko

Spending most of his childhood as an only child helped build a strong bond between corporate !nance major Justin Rose and his parents. This bond has paid for roughly half of Rose’s college education along with one of his most memorable life-altering experiences, studying abroad in Peru.

Rose has paid his tuition and living expenses through a 50/50 split between working in the summer and his parent’s assistance.

The arrangement has made supplementing his income less complicated allowing him to pay for everything without taking out any loans. “I feel fortunate about my situation, but at the same time I respect those who are not as fortunate as me,” Rose said.

Rose’s study abroad to Peru was paid for with the same 50/50 arrangement providing him with an opportunity he couldn’t have solely a#orded.

“I think traveling abroad opens your eyes to how other cultures live, and allows a person to respect those di#erences,” said Rose, who is now considering doing an entire semester abroad.

Breceived a scholarship that covered his entire tuition and half of his room and board. “I worked hard in high school and it paid o#. I couldn’t be happier with where I’m at now !nancially,” Stetler said.

Now in his !fth year, he is looking for alternative !nancial means, primarily through loans, a modest scholarship and whatever he’s managed to save from his four-year scholarship.

Mike is not the !rst Stetler who was a valedictorian majoring in business at UWO. He followed in his brother’s footsteps by being actively involved in his school by being a three-time all-conference in baseball, playing basketball and serving as student council president.

Triple majoring in !nance, accounting and economics, Stetler has done whatever he can to stick out from the crowd. “In regards to receiving scholarships, you have to be involved with school activities, work at gaining internships and earn the grades in the classroom,” Stetler said.

The 50/50Justin Rose

The ValedictorianMike Stetler

Calculate future loan payments...

Design your own personal budget...

Apply for COB scholarships...

Find out more about studying abroad...

Frequently asked FAFSA questions...

www.finaid.org/calculators/loanpayments.phtml

www.ed.gov/offices/OSFAP/DirectLoan/BudgetCalc/budget.html

www.business.uwosh.edu/currentstudents/undergraduate/scholarships.php

www.uwosh.edu/oie/events.php

www.fafsa.edu.gov/faq001.htm

Financing Study-Abroad If you think you cannot a#ord the trip of a lifetime, guess again. To begin exploring this option, you should visit the O$ce of International Education (Dempsey 146). Make an appointment to talk to someone about how to !nance the trip and work together to develop a plan to make the trip a#ordable. “There are a variety of trips including a European business trip during spring interim and an economics of Scotland summer trip,” Contreras said. Each semester, a study abroad fair is held in Reeve Union. Students will receive information on the types of trips available, what the expectations are, number of credits received and more.

Get the Most from Your FAFSA

If a student’s !nancial situation has changed over the last year due to losing a job or a

(Dempsey 104) to make the changes.

current !nancial situation can impact the amount of loans and grants they receive.

So...

Beyond the pile of bills and overwhelming feeling that graduation won’t come soon enough, students need to take advantage of the resources available to them.

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START MANAGING YOUR MONEY NOW!

For Amy Jermier (BBA ’08), paying o# four years of student loans will be a long and challenging endeavor that will take sound !nancial planning and years of follow through.

“My biggest piece of advice would be to remember your loans exist,” Jermier said. “It is very easy to get caught up in the idea of making a salary, which is much more than you ever made in college, but realistically, your expenses will increase as well.”

a few thousand dollars out of roughly $40,000 in student loans. Her goal is to pay o# all her loans in seven years but believes ten years is more realistic.

“I think it is important to get a clear understanding of the total loan balance and an estimate of monthly payments while in the last year of college,” Jermier said. “Get used to the idea that the loans are there and how much it will cost each month to repay them.”

Jermier decided to re-evaluate her !nancial situation after hitting a !nancial wall that literally consumed her entire life savings her !rst year in college. She came to accept the

harsh reality that she was broke and stressed out, ultimately deciding to take out whatever student loans she quali!ed for.

“I didn’t want to continue my college experience missing out on things because I was concerned about money all the time,” Jermier said.

She managed to avoid adding more to her tab by receiving a few scholarships her fourth and !fth years. “There are scholarships out there for everyone and the College of Business really can’t make the process much easier,” Jermier said. “There is only one application, and most, if not all answers will come o# of one’s resume.”

The COB Graduate Amy Jermier

financial tipsCreate a budget and keep track of your spending. Use credit cards for emergencies only.

Pay off any credit card balances each month.

Pay your bills on time.

Start saving now and learn about the wonders of compound interest.

Avoid unnecessary expenses such as late fees and parking fines.

Watch the interest rate on your credit card.

Leave your car at home.

Buy used items and borrow DVD’s and books from the library.

Limit vices such as smoking or drinking.

Skip spring break.

Use cash whenever possible.

By: Deirdre Watts Director of the Center for Economic Education

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To learn more about compound interest, go to lei.ncee.net/interactives/compound


INNOVATION for the next GENERATION

Imagine sitting in a state-of-the-art lecture hall in a building twice the size of the Student

Recreation and Wellness Center made from glass in order to utilize solar energy. UW Oshkosh’s

newest construction project, a 175,000-square-foot academic building, will be built on

High Avenue in the space Facilities Management and University Police currently call home.

Construction is scheduled to begin in fall 2009 and new students will enjoy the building as early

as fall 2011.

Future COB students will get to learn in

the campus’s most hi-tech building yet

“Seeing the state spend the money through

these tough economic times shows the value

Wisconsin places on higher education.”

Matt Behnke Finance, Economics and

Accounting major

The new building will have room for 265 class sections per day, as well as 7 computer labs, and 14 departments housed in it.

these tough economic times shows the value Wisconsin places on higher education.”

WHAT WILL BE IN THE NEW BUILDINGSince 2000, the University has increased its enrollment by 1,000 students. With 29

classrooms, seven computer labs, two lecture halls and more than 30 group

study rooms, the new building will provide plenty of room for

students to learn and grow.

There will also be a large student space created speci!cally near professors’ o$ces. A primarily use of this space will be a Trading Room, where students will

use specialized software to conduct investment and

portfolio analysis. The furniture in this space will be moveable

and also allow students to make professional presentations.

“I think this shows the school is choosing to take steps to expand the !nance department, be it investment management, bank management, or anything that has to do with money,” Behnke said.

MONEY MATTERS So how is a building this large supposed to be built during an economic recession? The answer is through capital bonding.

According to Sue Neitzel, capital campaign director for the building, in 2001, the UW Oshkosh Campus Space Use Plan identi!ed a 213,000-square-foot shortage in space for general access classrooms and program needs.

“Everybody needs new space and better space and more space,” Neitzel said.

The process began six years ago, when the University submitted its !rst project request for funding for the new academic building. The state government eventually approved the University’s request.

The state provided $40 million as a capital bond, and another $8 million will come from private donations. The University has created the pride.purpose.promise. campaign to raise these funds.

A capital bond is issued for debt security in capital projects. The state sells bonds to raise money with a contract to repay the borrowed money with interest. The State of Wisconsin Building Commission is the only state body that can authorize the contracting of state debt. This means the University doesn’t actually have that money in cash and will be paying it back over the coming years.

In addition, the state gave the University $6 million in order to purchase a new building to

Police.

“While everybody will bene!t directly and indirectly for the academic building, many students will not see a change in their day to day lives from its uses,” Matt Behnke, senior and !nance, economics and accounting major, said. “Seeing the state spend the money through


It is possible that the building will have a green roof. It would be made entirely out of plant life in order to reduce greenhouse gases and water runo", which would reduce energy costs.

A view of the courtyard; the building will take 22 months to build and is set to open in 2011.

www.pridepurposepromise.org

“We’ve got a history of showing commitment to our sustainable practices,” Neitzel said. “So it makes sense for our campus.”

Though making the building sustainable may cost more, there will be bene!ts in the long run.

“While costing more initially, change should reduce costs, both !nancially and environmentally, for years to come,” Behnke said. “I support the university’s push to continue to be the “greenest” school in the UW system. The additional public awareness these acts are generating should in"uence the community to create and continue it’s own environmentally minded policies and acts for the future.”

The building will use renewable energy among other things in order to reduce heating and cooling

costs.

“They saw a need and an opportunity for growth and decided to give students and faculty members some new tools to make greater progress, hopefully creating more opportunity for students to take part in advanced !nancial management and analysis.”

ECO-FRIENDLYThe design of the building will incorporate Leadership in Energy and Environmental Design (LEED) principles. By constructing the building to gold LEED standards, the University will save more than $182,000 annually.

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1965 70 75 8580 95 00 05 10 2011

1979 - Dorothy Wentorf, professor of management, o#ers !rst online statewide course using the electrowriter/conference telephone system.

College is founded with Robert E. Hungate as its !rst dean

n e w a c a d e m i c b u i l d i n g

majors are added

College receives undergraduate AACSB accreditationMBA program is launchedHuman resources and marketing majors are addedBeta Gamma Sigma is founded on campus

MIS (Management Information Systems) major is added

Business Study Abroad Program is launched

College celebrates 25th anniversary

College of Business Alumni Association (CBAA) is formed

Alumni are recognized

New Academic Building cumulative gift commitment totals $2.6 million

Architectural !rms selected

New Academic Building cumulative gift commitment totals $3.7 million

Legislature approves $97 million for UW Oshkosh building projects in capital budget

Architects begin to develop program and design concept

Public launch of building campaign Sept. 16

Design report approved

Architects complete 100 percent design and construction documents

Site preparation and construction begins

Construction complete

Anticipated August move-in date

Grand-opening celebration!

MBA courses are o#ered online

scholarship is given

Operations management major is added

Last academic building,

Center, is built

MSIS degree is created

1st Annual College of Business Alumni Association Dinner is held

is established

COB Ambassador program is launched

College will celebrate 40th annivesary of AACSB accreditation

UW Oshkosh College of Business graduates rank in the top 5 percent of those taking the national ETS exam

Seniors take a national exam on business knowledge and score in top 6 percent

College partners with Junior Achievement to host the Business Challenge for high school students

College of Business student study room, funded by the COB Alumni Association, in Clow is completed


Creating ProfileSigning up is easy. I chose a username and password and a second later, I checked my e-mail to con!rm my e-mail address.

Classmate Connections

friends. I searched for classmates graduating from the UW Oshkosh in May of 2009. To my surprise, 222 classmates appeared with the same graduation date. I added one on the !rst page and moved on.

Co-worker ConnectionsNext, I put in EAA, the company I interned at for the past two summers. I found four people that

Building Your ProfileYour pro!le is a place to add Web sites, a photo and ask for recommendations. You can add your resume or references as downloadable !les, or you can type information under pro!le headings of Current and Past (employment), Recommended, Education and Summary.

LinkedIn proved to be just as fun and addicting

producing a job opportunity.

I worked closely with, including my supervisor’s supervisor. By doing virtually no work, I had already found !ve connections.

Network ConnectionsYou can also expand your connections by inviting people from your network or rather

no one can add you without your consent and vice versa. When you send someone an invitation to connect with you, you can include a personalized message with it. This is a useful tool if you are expanding within your network instead of a direct link with someone you know well. You can let them know who you are and why you want to link with them. You can also import people from your address book and invite people to get LinkedIn.

Link in to your career

what is folio21?

Folio21 is an online resume and portfolio service offered free to UW Oshkosh students through Titan Jobs. You can find out more by visiting http://www.uwosh.edu/career.

LinkedInhas over

38 million members in more than

200 countries.www.linkedin.com

UW Oshkosh Journalism student

How to “Facebook” Like a Professional

status today, but you don’t want former employers, co-workers or professionals to know what you wrote.

How do you connect professionally online? The answer is LinkedIn. And if you haven’t heard of this professional networking site yet, you need to!

According to their Web site, LinkedIn has over 38 million members in more than 200 countries around the world and a new member joins LinkedIn approximately every second.

LinkedIn helps you create a professional version

Aside from being a personal marketing tool, the social network is a communication tool. You can also use LinkedIn to keep in touch with alumni, peers and professors. This allows you to chat with people in your network who are hiring, gain career insight through discussion groups and search career postings.

Sounds like a no-brainer, right? Since my graduation date is approaching, I decided to try it for myself.


p

• Recommendations• Employment history• Skills• Education and Degree• Link your Web site or portfolio

valuable information for your profile

Career Serviceswelcomes Wayne Breitbarth,

President of M&M O"ce Interiors for a presentation on LinkedIn.Join us on October 13, 2009 in

Reeve Memorial Union 213at 4:30 p.m. Contact Erica

Murphy at [email protected] or 424.0755.

2009College of BusinessNetworking Night

Each fall, the College of Business, through the generous support of our business partners, hosts a

large-scale, unique networking event that is required for all admitted College of Business students.

Did you know that networking is the leading strategy for finding an internship or full-time job? This event gives you the

opportunity to practice essential networking skills and perhaps come away with a lead for an internship or a full-time position.

As a UW Oshkosh College of Business student,

you have the exclusive opportunity to attend

College Networking Night each fall.

This year’s event will be held on Wednesday, September 23, 2009,

from 5:00 - 8:00 p.m. at the Oshkosh Convention Center.

2009 Platinum Sponsor:

Career ServicesToo many students wait until a month before graduation to utilize all that Career Services has to o#er. It is important to create a portfolio and polished resume, look for internships and network with professionals in your !eld from the get-go. Career Services can help strengthen your resume writing, interviewing and networking skills.

ResumeIf you need help with writing your resume, sign up for a workshop or stop by for one-on-one help. If you already have a resume draft, Career Services o#ers Resume and Cover Letter Critiques.

make your profile pop

Students who work for Career Services are readily available to speak with business students about events, resumes, appointments, Titan Jobs and other career related inquiries.

Career Services Can Help Polish Your Image

InterviewingYou can also sign up for mock interviews to get a chance to test your resume and interviewing skills with real professionals.

NetworkingThroughout the year, the College of Business hosts evens such as Networking Night. This is a unique opportunity for students to mix with businesses, faculty and other COB students in a business after hours type setting. Other events include:

ShowOn-Campus RecruitingCollege to Career Transition

intern goes full throttle

Co#ee was the farthest thing from Dieringer’s mind at his !rst internship as a planner/buyer for Harley-Davidson, where he was responsible for managing 25 million dollars in yearly

His daily responsibilities included preparing new products for launch, expediting orders, releasing purchase orders and responding to suppliers’ questions.

After his term with Harley-Davidson, Dieringer landed a second internship in manufacturing with Magnum Products LLC, in Berlin, WI.

Dieringer readily admits that balancing the demands of an internship while keeping up with

school work and a social life can be exhausting. But it is worth it. His internship experiences have allowed him to take what he has learned

in the classroom and apply the knowledge to practical situations while greatly

expanding his leadership and communication skills.

Dieringer, who interviewed for !ve di#erent internships before he was o#ered a job, advises students to start applying as soon as possible.

Dieringer’s experiences are proof that internships can be more than

picking up the boss’s dry cleaning; they can be the real-life experience no professor

can teach and they provide the necessary edge over the competition.

Why are internships important?

that requires its students to complete an internship for graduation. Second, it’s experience. Relevant experience is quite possibly the most important thing on your resume. But, most of all, you can !gure out what you want (and don’t want) to do when you grow up! This applies to anything from job duties to how a company is organized. “Through [my] internship I learned things you can’t learn in school such as o$ce politics,” McMullen said.

What do I need to do first?In order for the internship to satisfy the requirement, the College of Business has set some prerequisites. Students must be admitted to the College of Business and must either be currently

by Jessie Pondell, the Internship Director, is also required.

When should I get started?Now! Create a portfolio by organizing assignments. Network with the professors and professionals you know in the industry. Look into some of the Career Development Sessions that are hosted by Career Services. These sessions can help you with everything from interview skills to resume workshops.

Where do I look for internships?Check the job listings on career sites such as UW Oshkosh’s Titan Jobs, search company Web sites, or even ask friends, family and teachers if they have any connections. McMullen also suggests joining professional groups such as the Institute of Management Accountants and the Wisconsin Institute of Certi!ed Public Accountants because they both look very good on your resume.

How many internships should I have?While you only need one to meet the requirements to graduate, having multiple internships while in college will only increase your marketability. According to McMullen, “The requirement for the College of Business is one, but for an accounting major it would be best to have two: one in the public and one in the private side of accounting. I know students who have had four internships before graduating.”

Who can I talk to for more information?Jessie Pondell is the Internship Director for the College of Business. She is more than willing to assist students with their questions about internships. You can e-mail her at [email protected]. “I know that if there is an internship out there for me, she will know about it,” McMullen said.

internship tip-offwith Kevin McMullen (BBA ‘10), Accounting, Finance and Economics

“It doesn’t hurt to interview and not get the job.”

William Dieringer

by: Miriah Dobbs

William Dieringer (right) and his internship supervisor, Trevor Bach, take a break to pose with a Harley.

by: Jason Disbrow

Think accepting an internship means signing on to fetch coffee and make photocopies? Not if you ask William Dieringer. This SCOM major has two impressive internships under his belt, neither of which required filling Starbucks orders.

visit www.business.uwosh.edu and search “internships”


p

alumni cornerfaculty lounge

Bruce NiendorfIt’s hard to imagine professors outside of the classroom, much less buzzing around the sky at 2,000 feet. That’s just one of the many places you might !nd Bruce Niendorf when he’s not

Business Law. In addition, Niendorf spends his free time woodworking, camping, and canoeing with his wife and three sons.

Niendorf said "ying helps him become a better teacher because it introduces him to new areas of learning such as di#erent "ying strategies and variables.

Niendorf is an Associate Professor in the

the College of Business. He is a 1982 graduate of Oshkosh West High School, and he received his bachelor’s degree from the University of Wisconsin Madison, his MBA from the University

State University.

He joined the College of Business in 1999, and has since taught undergraduate and graduate courses in !nancial management, business !nance, investments and international business.

If you’ve never taken a class with Niendorf, you should know that he takes a hands-on approach to teaching.

“I like to emphasize student understanding of why we do what we do, not just how to get the right numerical answer to a problem,” said Niendorf.

To support his teaching philosophy, Niendorf implements case studies and application into his courses.

Niendorf’s areas of research include investments, international !nance and !nancial modeling using distributed arti!cial intelligence. His research also gets him involved in new areas of !nance.

“It de!nitely keeps my classroom material current,” Niendorf said.

On Saturday mornings, Niendorf teaches a free personal !nance class that is open to the general

teaching Oshkosh residents how to recognize their spending and saving problems, and what to do to !x them.

Neindorf’s advice to College of Business students is, “Whatever activities you decide to do, whatever classes you decide to take, do them all the way. Putting e#ort, learning what you can, and meeting so many new people can be the real things of value that you get from your education.”

You can !nd Niendorf in

[email protected].

Sara Ditter AustinImagine a giant 3-D, three-walled virtual lab. Every other week, the virtual reality team at

invites regular shoppers into their lab to push a cart down a virtual aisle. As they look at each display, a retinal scan tracks what their eyes focus on to learn what shoppers pay the most attention to.

Sara Ditter Austin (BBA ‘01) is a national

works at their virtual reality center of excellence in Appleton. She was part of the team that opened the studio in May of 2007.

A Chilton, Wisconsin native, Austin graduated with a major in management information systems (MIS). At that time, Austin was torn between a major in business or technology. MIS brought both of her interests together, making the decision easy.

functioning as a liaison between the brand groups and U.S. customer development.

She also provides sales expertise to the brand group and coordinates/implements marketing programs within !eld sales to maximize brand volume and pro!t growth. Many of the classes Austin took in the COB helped to prepare for her current role, especially the Introduction to Marketing course, now called Essentials of Marketing.

“The instructor’s experience as a Chief Marketing O$cer at Appleton brought the classroom to life,” said Austin.

Austin also studied abroad in Europe, which allowed her to gain a deeper understanding of international business.

“In today’s world, brands have an impact at the global level and this class broadened my understanding of how companies compete.”

Austin graduated in four years without any student loans or grants. She worked throughout her education, and also received several scholarships and internships to help pay for tuition.

She was also very active in a number of di#erent student clubs. Austin was the president of the Student Alumni Ambassadors, the secretary of the MIS club and a member of the mentor/ mentee program with the Career Services department.

“The most valuable lesson I

have learned is to be #exible because it allows you to adapt to change

and be willing to try new ideas.”

Professor Bruce Niendorf and his 1940 J5-Cub

By Sara Coronel


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Founded in 1866, The Sherwin-Williams Company is the

industry leader in providing top quality coatings and related

products to paint contractors, manufacturers, industrial users,

and the retail trade. Recognized among Fortune Magazine’s

“100 Best Companies to Work For” and rated by Forbes.com

as one of “America’s Top 100 Trustworthy Companies”, seven

core values drive Sherwin-Williams culture and our company.

These values: Integrity, People, Service, Quality, Performance,

Innovation, and Growth, are reflected in our people, our products and our business practices and relationships.

Sherwin-Williams reports that over 90% of placement into

managerial and professional positions comes from within the

Company; we provide the necessary

training and tools to assist employees

with taking an active role in

defining their career path. This Fortune 400 Company operates

over 3,000 company-owned

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sales of $8 billion. With an

internal promotion rate of over

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Program is the perfect way to

begin a long and successful

career. Internships

also available.

Catherine Catino Mike Krueger

Area Recruiter District Manager

1051 Perimeter Drive Suite 710 2127 S. Oneida Street

Schaumburg, IL 60173 Green Bay, WI 54304

(847) 330-1564 (920) 499-3341

ACADEMIC COMPUTINGWhere: DEMPSEY, Room 207What: Provides support for all campus-owned computers and consulting services for technology on campus.When: Mon.-Fri. 7:45a.m.-4:30 p.m.Web site: www.acs.uwosh.edu/

ADULT NON-TRADITIONAL STUDENT RESOURCE OFFICEWhere: DEMPSEY, Room 323 What: Helping non-traditional students find answers to their questions and more. Web site: www.uwosh.edu/adultaccess/index.php

ARTS & COMMUNICATION CENTERWhat: Includes the Fredric March Theater, the Priebe Art Gallery, the Music Hall (where concerts are free for students with their student I.D.) and WRST 90.3FM (UWO’s Radio Station)Web site: www.tour.housing.uwosh.edu/academic/ac

BUCKSTAFF PLANETARIUM What: Offers shows focusing on astronomy.Web site: www.uwosh.edu/science_outreach/planetarium.htm

CENTER FOR ACADEMIC RESOURCES (CAR)Where: DEMPSEY, Room 317What: Helps arrange students with tutors. Web site: www.uwosh.edu/car/

CENTER FOR EQUITY& DIVERSITYWhere: 717 W. Irving Avenue What: Academic help for multicultural, first-generation and low-income students.Web site: www.uwosh.edu/acad-supp/index.php

CHILDREN’S LEARNING AND CARE CENTERWhere: SWART HALLWhat: Provides childcare services for students, faculty and staff of the UWO.Web site: www.uwosh.edu/childrens_center/

COUNSELING CENTERWhere: DEMPSEY, Room 201What: Offers confidential counseling assistance to UW Oshkosh students.Web site: www.uwosh.edu/couns_center/

FINANCIAL AID-DOMESTIC & ABROADWhere: DEMPSEY, Room 104What: Financial Aid for UWO and study abroad programs.Web site: www.uwosh.edu/fin_aids/

HEALTH CENTERWhere: RADFORD HALLWhat: Health care services for UWO students.Web site: www.uwosh.edu/health_center/

MATH LABWhere: SWART, Room 113What: Tutors for math students in most 100- & 200-level math classes. Web site: www.uwosh.edu/car/mathlab.html

OSHKOSH STUDENT ASSOCIATION What: Official Voice of the Student Body-Assembly and Senate. When and Where: OSA Assembly - Every Monday @ 4:00 p.m. in Reeve Union Room 227. OSA Senate - Every Tuesday @ 4:45 in Reeve Union Room 221Web site: www.osa.uwosh.edu/

PARKINGWhere: BLACKHAWK COMMONS, Lower LevelWhat: Where students obtain permits and pay for tickets.Web site: www.uwosh.edu/parking/

POLK LIBRARY Web site: www.uwosh.edu/library/ Honors Program-Polk 8Web site: www.uwosh.edu/honors/Instructional Resources Center-Lower LevelWeb site: www.uwosh.edu/irc/

READING STUDY CENTERWhere: NURSING/EDUCATION BUILDING, Room 201What: Helping students to improve their reading and studying skills.Web site: www.uwosh.edu/readingstudycenter/

REEVE MEMORIAL UNIONWhat: The central place to meet, eat, shop, etc. Web site: www.reeve.uwosh.edu/

RESIDENCE LIFEWhere: GRUENHAGEN CONFERENCE CENTERWhat: Dorm InformationWeb site: www.housing.uwosh.edu/

STUDENT RECREATION & WELLNESS CENTER, KOLF SPORTS CENTER & ALBEE HALL & POOLWeb site: www.recreation.uwosh.edu/

WRITING CENTERWhere: RADFORD HALL, Lower LevelWhat: Tutoring in writing to any member of the university community.Web site: www.english.uwosh.edu/wcenter/

campus assets

CONTENT WAS RETRIEVED DURING THE SPRING 2009 SEMESTER. PLEASE CHECK WEB SITE FOR UPDATED INFORMATION.


fun stuffCollege of Business Turkey and Black Bean ChiliPrep Time: 20 min. Cook Time: 1 hour Servings: 8

Ingredients1lb. ground turkey1 large yellow onion, chopped3 cloves garlic, chopped1 green pepper, chopped1 tsp. salt% to & tsp. freshly ground black pepper1 Tbs. chili powder2 tsp. ground cumin2 tsp. ground coriander

& tsp. ground oregano& tsp. dried marjoram28 oz. diced tomatoes (canned)6 oz. tomato paste16 oz. can black beans, drained and rinsed% c. extra sharp cheddar cheese, grated% c. fresh cilantro leaves cut into thirds

DirectionsIn a large skillet, over medium-high heat, 1. combine ground turkey, chopped onion, green pepper, garlic, salt and black pepper.Cook until turkey no longer appears pink. 2. Drain o# any excess juices.Add all the seasonings and combine.3. Reduce heat to medium-low and add diced 4. tomatoes, tomato paste and black beans. Stir occasionally. Cover and simmer for 35-45 minutes. (To increase “heat,” add red pepper "akes and chili powder to taste.)Serve hot and garnish with shredded cheese 5. and fresh cilantro.

Turn in completed crossword puzzle to

Micki or Patti in Clow 151 for a chance to win

a College ofBusiness hoodie.

ACROSS4 The Writing Center is located in which academic building?

7 On which street will the new academic building be located?

8 Which major has careers ranging from manufacturing, merchandising, service institutions, transportation and logistics?

9 According to Sara Ditter Austin, what is the most valuable lesson that she has learned as a professional?

DOWN1 Which student club has an annual golf outing?

2 How many new standards of professional development need to be completed before being admitted to the COB?

3 What type of !nancial aid does not have to be paid back?

5 professionally?

6 What is the last name of the advisor featured in the Advising story?

9 Before he was o#ered a job, William Deringer interviewed for how many internships?

1

4

2

3

8

6

9

5

7

Challenge your recall skills by answering questions about the stories you just read.

McGee’s Statistics RapIf you want to learn statistics, you just sit in your chairs.To calculate the variance take the sum of the squares,Divide it by n minus 1; you do the calculation,You take the square root you’ve got the standard deviation!

Yeah… it measures spread.

But if you want to estimate the population mean,You’ll need to find the interval it falls in between.Just take the sample average as a matter of fact,A couple standard errors you just add and subtract!

Yo Dog – margin of error!

Now if you want to test hypotheses you start with the null. (That the value your statistic should on average equal). If you see your test statistic in the distribution tail, You reject the null hypothesis; if not then you fail to reject.

Yeah… it’s how we prove… Oh, yeah,

How we conclude… for shizzle, that’s how we prove!

Watch McGee per form at www.youtube.com/uwobusiness.

©iS

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resource directory

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