Tuesday, October 13, 2009

Class Wrap-up Paper

  • I had a concentration in my mind before I took this class, and it was Management because my parents were entrepreneurs and their positions always drew an interest to me. I also was a part-time manager at the Rocky Mountain Chocolate Factory in Colorado Springs and I loved the business aspect of my job.
  • I now have a good understanding of all the concentrations and some other ones that I would choose rather than Management are Computer Information Systems, and Marketing.
  • I have not really changed my mind about Management as my concentration. However, if I did choose a different concentration it would be Computer Information Systems because the jobs that are being offered in the future are in high demand. That concentration would be if I absolutely do not like management.
  • I am less worried about choosing a concentration now than at the beginning of the semester because I have more information about management, and if anything am more sure that I want it as my concentration. There is really no other information that I need because I am quite sure that management is going to be my concentration.
  • All of the speakers were helpful in providing information. The one that provided the best information was Teri Butler for CIS. She was the most active speaker and really knew how to convince me that CIS was the concentration to choose.
  • I am a little concerned with having business as a major. After being in college for eight weeks I am not positive that business is what I want to go into. On the other hand, I am not sure what other major I would choose. So, I am going to stick with business until I graduate because it is a great degree to have if I needed it to fallback on. I really like the business school, and how the departments work, but what is setting me back the most is math. I am not the best person with math and am worried about the courses that I am going to have to take because they seem like they are going to be difficult. Regardless of how I feel, I am going to keep my major in business until I graduate.
  • I would feel comfortable meeting with a Career Advisor in my Junior or Senior years, possibly even next year, but for now I don't think it is really necessary for me to meet with one. For my Freshmen year, I am just getting a feel for business and am not in the need for a career path right away. Once I get a good sense of what I want, I will feel comfortable with meeting a Career Advisor.
  • The information that I received in the class that was most useful was anything about the Career Center. There are a number of things that are available to CSU Students that everyone should take advantage of that can really help with a job once we graduate. I am really looking forward to using the Career Center and the Fairs to help with me with my career.

Wednesday, October 7, 2009

Business Publication #3 - The Australian

http://www.theaustralian.news.com.au/business/story/0,28124,26177189-7582,00.html

In The Australian's news article, "Heads roll as Hollywood becomes land of the lost box office," the country's movie industry is not producing a profit. Movies are costing more to create and fewer and fewer people are going to see them in the theaters. Because of the loss of profit, Universal Studios and Disney have changed their executives hoping that it will help their movie market. Universal Studios is also being considered by its parent company about being sold, Comcast would be the potential buyer. With all of these changes, the movie industry is hoping to see a change in the output of what is costs to make films, and the profit they get from them.

Business Publication #3 - The Economist

http://www.economist.com/sciencetechnology/displayStory.cfm?story_id=14301951

In The Economist's article, "Women, testosterone, and finance; Risky Business," a study conducted by Paola Sapienza of Northwestern University showed that women with high levels of testosterone are more likely to take high risks than women with low levels of the hormone. The correlation is from current testosterone levels rather than from birth. What this means is that if a women has a high level of the hormone, than she is going to be more likely to take a risky job. The hormone also applies to men, but not as significantly. This is in a way why the business world is more male dominated, because women do not usually have higher levels of testosterone.

Sunday, October 4, 2009

City Exploration

Three cities that I would possibly like to live in that are not in Colorado are:
Boston, MA
Chicago, IL
Seattle, WA

For Boston, MA:

Size-48.4 square miles of land, it is not extremely small or large, it's average, and it meets my criteria for living. http://en.wikipedia.org/wiki/Boston

Population-The population is an estimated 609,023 in 2008, which fits with my criteria of 100,000 to 1 or more million people. http://en.wikipedia.org/wiki/Boston

Scenery-From personally visiting Boston, there is not much scenery of mountains, only cityscape and water, which does not fit my criteria.

Transportation-Has a rail system, the MBTA, an airport, Logan International, and highway systems. The average travel time is 31 minutes.This does meet my criteria for a city that I can live in. http://www.cityofboston.gov/transportation/modes.asp

Success-Boston is ranked #90 on Forbes list of best businesses and careers, which is not something I am looking for, I would rather have something more successful, so it does not fit for a city that I am looking for. http://www.forbes.com/lists/2009/1/bizplaces09_Best-Places-For-Business-And-Careers_MetroArea.html



For Chicago, IL:

Size-228.5 square miles, it is on the larger side, but it still fits my criteria.http://wiki.answers.com/Q/What_is_the_current_size_of_Chicago

Population-in 2000 was over 9 million, so today it can be estimated at over 11 million residents. This is over my 1 million residents so it would not be an ideal city for me to live in. http://www.city-data.com/us-cities/The-Midwest/Chicago-Population-Profile.html

Scenery-I have been to Chicago before, and the main scenery is Lake Michigan and the skyscrapers such as the Sears Towers. I would prefer more land than buildings, so this would not be an ideal place for me to live in.

Transportation-Has two airports, O'Hare International and Midway International, rail system, The CTA, and taxis. This does fit my criteria for transportation. http://www.explorechicago.org/city/en/travel_tools/transportation.html

Success-Chicago is rated number 71 on Forbes list of best businesses, so it is better than Boston, but it is still not that high, which doesn't really fit my criteria.
http://www.forbes.com/lists/2009/1/bizplaces09_Best-Places-For-Business-And-Careers_MetroArea_2.html


For Seattle, WA:

Size-The size of Seattle is 83.87 square miles, which fits my criteria because it is not extremely large or too small. http://en.wikipedia.org/wiki/Seattle

Population-The population of Seattle is 582,174, which is between 100,000 and 1 million, so it fits my criteria. http://www.nationmaster.com/encyclopedia/Seattle,-Washington

Scenery-Seattle has some great scenery, the Cascade Mountains, the Olympic Mountains, Mount Rainer, and is close to Lake Washington and Lake Union. This definitely fits my criteria. http://www.usatourist.com/english/places/washington/seattle.html

Transportation-Seattle has an airport, Seattle-Tacoma International, taxis, and express buses. This is adequate transportation, without my own vehicle, so it fits my criteria. http://www.usatourist.com/english/places/washington/seattle.html

Success-Seattle is ranked number 17 on Forbes list for best businesses, which puts it way ahead of the other two cities, so it fits my criteria. http://www.forbes.com/lists/2009/1/bizplaces09_Best-Places-For-Business-And-Careers_MetroArea_7.html

Cost of Living:
Denver - is overall 105:95 compared to Fort Collins, and is 11% more expensive. If someone was making $50,000 in Fort Collins, they would be making $55,318 in Denver.

Boston - is overall 128:95 compared to Fort Collins, and is 35% more expensive. If someone was making $50,000 in Fort Collins, they would be making $67,305 in Boston.

Chicago - is overall 126:95 compared to Fort Collins, and is 33% more expensive. If someone was making $50,000 in Fort Collins, they would be making $66,697 in Chicago.

Seattle - is overall 132:95 compared to Fort Collins, and is 39% more expensive. If someone was making $50,000 in Fort Collins, they would be making $69,617 in Seattle.

Internships

Northwestern Mutual Financial Network-The Cunningham Financial Group

Financial Representative Internship
http://cunninghamfinancialgroup.nmfn.com/?Page=CareersPage
The program is a summer internship and you work 15 to 20 hours a week, meet with clients, analyze the client's situation, make recommendations, and work with clients after the internship is over.
To apply, you have to be in college, have a GPA that is 3.5 or higher, good customer service skills, communication skills, and willing to put effort into the work and work with a mentor.

Buckle

Sales & Management Internship
https://cc-scooby.career.colostate.edu/colostate/job.aspx
The program is a paid position for three to four months, and you work closely as a sales manager and report to Area and District Managers. The program is designed to give students a better understanding about the management position and to learn more about the company.
To apply for the position you have to go online, and you have to be a student who is interested in a management position and taking business courses. Volunteer and working for the company are also good things to have when applying for the position.

Front Range Village

Internship Opportunity
https://cc-scooby.career.colostate.edu/colostate/job.aspx
The program is for students who are looking to master marketing and public relation skills and event planning. The position is unpaid, and the duties are to plan events for the company, work with retailers, develop a perspective of the commercial development, and a perspective on property management.
To apply for the position, one has to meet the recruiter in person and apply online, and they have to be willing to work up to 20 hours a week, and be detailed oriented.

Possible Jobs

-Royal Caribbean International:
Analyst/Revenue Planner
https://jobs.rccl.com/jobs/rccl_jobs.nsf/shoreside_jobs

-Frontier Airlines:
There are currently no job openings for my concentration
https://frontierrecruit.flyfrontier.com/OA_HTML/RF.jsp?function_id=19385&resp_id=23350&resp_appl_id=800&security_group_id=0&lang_code=US&params=2R6R28XLUMif-EceAr88CaEH-NYoHPdg5EpWeLADpNQsdaewKLiYqRG7cJhC-xYK&oas=rkNqC-EYBosvDlTSkiTa0g..

-BMW U.S.A.
Workforce Analyst
https://bmw.taleo.net/careersection/10180/jobdetail.ftl

-Land Rover
JLR Canada Financial Analyst
http://www.landroverusa.com/us/en/Company/Careers/overview.htm

-Jeep
Manager of Supplier Risk Management
https://chrysler.myvurv.com//main/careerportal/Job_Profile.cfm?szOrderID=586&szReturnToSearch=1&szWordsToHighlight=

From reading the job descriptions, I have learned that all of the job openings require a bachelor's degree in business administration. Another thing that all of the jobs required was at least two years of related experience but the more experience you have the more likely you are to get that job. The jobs would also prefer someone to have an MBA. For me this means that I am going to have to get a few jobs with managerial experience and get my bachelor's degree, and for a better chance of getting a job, go to graduate school. I am going to need a lot of preparation and now I know that a management concentration is not necessarily guaranteeing me a job as soon as I graduate.

Career Exploration

The concentration that I am interested in is Management.

Three possible careers that I could have when I graduate are:
Administrative Assistant
Analyst/Staff Consultant
General Manager

-An Administrative Assistant manages and maintains an executive's schedule, prepare presentations, software applications, general office duties, arrangements for an executive, prepares agendas, and recruit jobs for possible employees.
-To have this career, a four-year degree is almost always required, or a bachelor's degree in business, but for some companies it is not. One has to have the knowledge of administrative and clerical procedures, word processing, managing files, designing forms, a good understanding of the English language, customer service skills, business management principles, human resource modeling, leadership techniques, production methods, and a great understanding of computers. There are no other required certificates or degrees, but an MBA is a good thing to have. One also needs one to two years of job related experience.
-The employment outlook for the next 5-10 years is moderate, there is not much of a need for this career. The projected growth is 14% to 20%, and the factor that will affect the demand for this career is the economy.
-The average starting salary for this occupation is $25,000 and can go up to $60,000 or more.
-Three things that concern me about this occupation is that the job description is basically a secretary, and you are just helping someone with complicated tasks. The demand for the job is not particularly high, so the competition for an occupation like this is going to be tough, and this occupation seems to be more for a big corporation rather than a small business, which is not really what I want to be a part of.

http://www.wetfeet.com/Careers-and-Industries/Careers/Management-Consulting.aspx

http://online.onetcenter.org/link/summary/43-6011.00

-An Analyst/Staff Consultant gathers and organizes information, analyzes data that is gathered and develops alternative methods of proceeding, prepares manuals and trains workers, plan study of work problems and procedures, design and evaluate reports.
-The education that is required for this occupation is a bachelor's degree in business, several years of job-related experience or internships, but a minimum of two years of experience is required.
-The employment outlook for this occupation 21% or higher, which is much faster than average. The jobs are in high demand and factors that would affect the demand for this occupation are the economy, corporations closing, and the availability of graduated students.
-The average starting salary for this is $45,000 and can go up to $75,000.
-Three things that concern me with this occupation as possible drawbacks are the experience needed for it. It will take a few years of other related experience in order to obtain this job, which could become tiring. Another drawback would be if the demand begins to drop because of the economy's recovery, giving people with the experience a better chance to get the job and making the competition tight. The last possible drawback that I would have with this occupation is that is at the bottom of the "professional pyramid," which would make it harder to get higher up and better careers that pay more.

http://www.wetfeet.com/Careers-and-Industries/Careers/Management-Consulting.aspx

http://online.onetcenter.org/link/summary/13-1111.00

-A General Manager oversees activities related to making products or providing services, direct and coordinate activities of businesses or departments, review financial statements, manage staff, prepare work schedules, assign specific duties, determine staffing requirements, determine goods and products to be sold, and plan promotions.
-The education that is required is an associates degree, preferably a bachelors, related on the job experience, and two years training in a vocational school. They need to have the knowledge of business and administrative procedures and principles, customer service and recruitment, economic and accounting principles, great understanding of mathematics, marketing, and administrative and clerical procedures.
-The employment outlook for the next 5-10 years is low. There is little to no demand for this occupation. When the economy recovers, the demand will rise again and more and more positions will become available, because more businesses will open up.
-The average starting salary for a General Manager is $75,000 and the median is $92,000.
-Three things that concern me about this occupation is that the demand is really low. This make the competition extremely tough. Because of the demand being low, more experience is required which is another thing I am concerned with. The last thing that concerns me about being a General Manager is the work load, and the stress that will come with it. They have to manage a department or company and there is a lot of things that go into it, which is just going to build up a lot of stress on someone who is in that position.

http://online.onetcenter.org/link/summary/11-1021.00