2014 1 washington park journal
Issue 7, April 2014
In This Issue Club of the Month:
Rutgers Finance Society By: Cynthia Trujillo Page 4
Message from the Dean’s Office
“Want to Have a Relaxing Summer? Follow These Five Steps” If you’re anything like me, the anticipation of summer has already invaded your mind and the warming weather has made sitting at a desk a major challenge. Fortunately for you, I found the willpower to sit down and write this article with the hopes of providing a checklist to help end the academic year on a high note!
Time is Valuable,Spend it Wisely By: Cesia Olortegui Page 5 Professor of the Month: Professor Joseph Markert By: Raymond Postadan Page 6 The Maze of Corruption By: Amir Ismail & Paulo Seabra Page 7 RBS Clubs Spotlight By: Syed Hassan
Page 8 Women’s HERstory Panel By: Giselle Sebello & Xhensila Pisha Page 12 Allude Farewell O Rutgers: DAC Bids Goodbye to Seniors By: Saiyid Ali Abbas Raza
Page 15 Dear Abby DAC Advice Column Page 16 Tips Section: Negotiating By: Jeannie Mark Page 19
1. Meet with your advisor to ensure you are on track for graduation. There is no worse surprise than coming back from a relaxing summer vacation to realize your course schedule is out of whack. Visit with your advisor before the semester ends to ensure you are registered for the right courses and that your academic record is accurate and up-to-date. 2. Discuss your summer plans with the Office of Career Management. Even if you aren’t planning to take an Internship or Co-Op this summer, you should still meet with the Office of Career Management to discuss your professional goals and aspirations. Now is the time to start thinking about your post-grad plans and goals. The career professionals here at RBS own a wealth of knowledge about the opportunities available to you that provide real-world experience and take your education outside the classroom and into the future. However, they can’t help if you don’t come in to meet with them! 3. Ensure your account and personal information is correct and accurate with the Business Office. Should we need to contact you over the break, it would be most beneficial to have your correct contact information on file. Settling any financial or academic holds now not only relieves the stress and frees up your summer, but also removes potential roadblocks when you come back to campus this fall. As a reminder, all official RBS communication is sent via email, and it is imperative that you check your Rutgers email account AT LEAST twice a week (even over the summer). 4. Prepare early for Finals. I’m sure you’ve heard it hundreds of times, but here it is once again: don’t procrastinate on studying for exams and writing final papers. While the outside weather is quite tempting, the sun and fresh air feels so much better once your work is complete. Visit the Writing and Learning Centers should you need help as you begin your studying, and be sure to take advantage of professors’ office hours – they are here to help you succeed! 5. Relax and remember to have a little bit of fun. While the final few weeks of the academic year can be quite stressful, it is important to remember to save some time for yourself in order to stay sane and prevent burnout. Go out with your friends, enjoy the beautiful weather and have fun – but be sure to save plenty of time to wrap up all of your academic responsibilities! Finally, keep in mind that our office will be open all summer, so please stop by and visit. I wish you all the best as you finish up this semester, and look forward to sharing the spring weather with you!
Ben Lohmann, Program Coordinator 2
Message from the Editors Hi there, readers! It’s quite unbelievable how we only have about a month left in the semester! Enjoying the lovely spring weather as we take on the final stretch before summer and… graduation. So what’s in 1WPJ this month? Mr. Lohmann has provided us a few steps to make sure that we’d enjoy a great summer and come back for fall semester in good shape. We shall get to know more about the Rutgers Finance Society—their commitment to the Rutgers Business School undergraduate community and their successes during the current semester. In this month’s issue, we also get to know Professor Joseph Markert from the Management Department—his professional experience, involvement in RBS, and his advice to students. Cesia discusses how limited time can be, and how TedTalks is a simple way to stay informed about what goes on around us despite our busy schedules.
Read Amir’s & Paulo’s article about the “Maze of Corruption” that was on display at RBS a couple of weeks ago. There’s also Giselle’s & Xhensila’s recount of the recent “Women’s HERstory Panel” in honor of Women’s History Month. Get up to speed with the upcoming events of RBS clubs/organizations, along with their messages to the undergraduate student body. Pick up some tips about negotiations from Jeannie’s article, and perhaps some good information from the “Dear Abby” section. Finally, read up on what DAC has in store this April, as well as a heartfelt farewell to graduating seniors in Abbas’ article. We hope you enjoy reading the newsletter as much as we enjoy coming up with a new issue every month! Yours truly, Catherine Balino and Urvi Tiwari Editors-In-Chief of 1WPJ
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Club of the Month The Rutgers Finance Society (RFS) is a student-run organization at Rutgers Business School-Newark that provides a comprehensive look into the dynamic finance industry. As one of the most reputable groups at Rutgers, they provide students with a unique opportunity to learn more about finance from knowledgeable students, alumni, and industry professionals. They do this by hosting educational workshops, networking events, and facilitating recruitment opportunities. This month was filled with great events which all had great turnouts. Their first event in March was an Asset Management Workshop, the first part of their comprehensive Finance 101 series. RFS hosted two Rutgers alumni – Robert Gosselin from J.P. Morgan Private Bank and Akash Patel from Prudential Capital Group. The alumni shared great insights and advice with members. When asked by students for suggestions on how to position themselves for interviews and internship opportunities, Robert Gosselin suggested joining the Rutgers Finance Society, “the best organization on this campus.” The next morning, RFS visited the NASDAQ OMX to witness the opening bell and received a tour and information session led by one of the Directors. Towards the end of the event, they were given the wonderful and rare opportunity to meet with Seema Mody, a CNBC business reporter. The attendees shared their experiences and career goals, which evidently impressed Ms. Mody. Later that day, she posted a picture of the attendees to her Facebook page along with a caption that read, “Very impressed with Rutgers Business School students – young, hungry & informed.” Their third event of the month, hosted two Investment Banking professionals – Gabriela Redhead, an incoming Investment Banking Summer Analyst at J.P. Morgan, and Jacob George, an Investment Banking Associate at Blitzer, Clancy & Company. Students were given an inside look into the dynamic industry, as well as, advice on how to break in from a non-target school. The event generated the largest turnout of any recent RFS event. When asked for feedback from the event, Jacob George said, “the Finance Society students were very impressive and they had the drive to succeed which is extremely important when entering Wall Street.” He even made note of a few names to consider for a summer internship at the firm! In addition to their events with alumni and professionals, the executive board continues to guide and mentor their members. They strongly encourage them to always network in order to break into the increasingly competitive industry. The feedback received from members about interviews and offers for front-office positions on Wall Street, speaks to the progress they are making. Looking back at a highly successful semester, we see the potential of this organization to groom and nurture students into successful and driven individuals who will one day represent the Rutgers Finance Society, as well as the Rutgers Business School to their fullest capacity!
President: Mark Wallach Vice President: Paulina Gebska For links to their website, email and social media accounts, click the icons on the right: 4
Time is Valuable, Spend it Wisely By: Cesia Olortegui
We must use time wisely and forever realize that the time is always ripe to do right. —Nelson Mandela
We are aware that time is not only important, but also our enemy if we do not use it wisely. Just like Mandela said, 'Time is always ripe to do right.' But sadly, sometimes we do not know what this means until the day comes to an end and you find that you have done nothing productive or that the day was simply not well spent. So how can we manage our time? Or more importantly: What can we do with our time. If you are a commuter, even a dormer, there are many options given to us such as reading an article, going to the library, attending events. Although students and young adults always agree that time is valuable, they hesitate to take action to prevent the eminent outcome. So how can one spend their time wisely when they are juggling school, work, and friends?
TedTalks Not enough time to read? Location that limits you to what you can do? Use your smart phone. It doesn't only work to take a selfie, or listen to music. It also works as a smart device that provides apps that alert you to the real world. One of the apps that should definitely be in your phone is Tedtalks. You have the option of watching videos of talks about almost every topic, especially business. Each talk varies; some are 15 minutes while others go up to 1 hour therefore providing great assurance that you will end up learning something new. The advices, recommendations, even lessons learnt from other people’s mistakes are given to you for free! There is nothing to lose, but much to gain. Knowledge is power so go out an obtain it! 5
Professor of the Month Professor Joseph Markert Background and Career Professor Markert started his career at Johnson & Johnson as an engineer and while at Johnson & Johnson, professor was also studying for his Master's and applied for a PTL position at Rutgers. Following Johnson & Johnson, he held different positions in companies such as Hoffman LaRoche, Inc. and Ayerst, Inc. and then joined Firmenich, Inc. where Professor Markert spent 16 years of his career. Some of the highlights of Professor Markert's contributions include the creation of the company's first sales training program and also the development of a student intern program with five universities. Currently, Professor Markert works as a Senior Consultant for Datamatics, Inc., where he creates and facilitates training activities for a variety of organizations and companies in addition to his active role here at Rutgers University! Other than teaching here at Rutgers, Professor Markert is also the faculty advisor to Future Business Leaders of America-Phi Beta Lambda, faculty advisor to the student chapter of Society for Human Resource Management (SHRM) here at Rutgers-Newark, organizer of the Johnson & Johnson case competition, UG-Newark AT&T case competition, is a University Senator as a faculty, and is very much involved in other ways! What about Rutgers motivates you to continue doing what you're doing? "You! The students. I think Rutgers attracts a very dedicated, hard-working, focused type of student. We are one of the better business schools and I think we're in the top 20% of business schools, even though we aren't ranking that way in certain publications like Newsweek. I say to my students, 'You will all be successful because you are the top 20%, because you're driven, you're hungry, because you want to learn." In what ways can we, as students, be an even better student body? "If we offer opportunities to get involved, they get involved. If you just leave them alone‌ students need direction and they need to see value in what you're doing. I'm not suggesting that we start a SHRM chapter here, but if enough people are interested in human resources as a career, let's give them an opportunity to explore that career further. By the end of this semester, we will have national certification such that all students in this chapter will have access to all kinds of job and training opportunities and a network with professionals. In this case, you show them the opportunity and students spring in to action. I'd say we have to give more opportunities and values to the students because I know they will respond in a more positive way." What is your favorite course that's offered by the Management department? "Now that's hard to answer because any new course I get involved in, I love it. But I'd say Business, Policy & Strategy, our capstone course because if students understood the logic of how the course is put together because it takes all the pieces of what students learned in their four, five years. It forces the student to re-think and apply what they have learned in a case analysis. I like teaching that course because it allows me to expand the horizons of how students understand the application of what they learned. I also like teaching human resources and also management skills because of the skill sets we do review. What advice would you give us as we transition from student to professional? "It's like deciding where you're going to college and what your major is going to be. When I graduated, I decided to enter the Healthcare industry. I understood the industry and my roles within it. As a result, when I needed to make a transition, I took the basic knowledge, primarily good manufacturing practices and so forth that I learned from the healthcare and pharmaceutical industry and transitioned in to food products. So I tell the students to find an industry you are interested, and then a company, or companies, that are geographically correct or internationally correct, or have opportunities for growth. You don't want to grab the first job that comes along. Find an industry you're interested in and then take that professional development aspect whether it be in accounting, finance or marketing and then apply it to that company and industry and there's your growth for the next 20 years."
Please join in me in thanking Professor Markert for all that he has done for our Rutgers community! 6
The Maze of Corruption By: Amir Ismail & Paulo Seabra This past week, on March 28th, the brothers of Sigma Lambda Beta International Fraternity Incorporated along with a few RBS clubs brought the Maze of Corruption to the 3rd Floor Lounge. The goal of this Maze Program is to uncover the corruption found in our current socio-political economy. It is to define privilege as the preferential treatment of the few over the many on the basis of wealth, nepotism, and cronyism. The big question we will be asking is if it’s fair that in today’s world it matters more who you know, rather than what you know, in all areas of life. It is to first understand weather this is in fact a pernicious global disease, and if so what is its antidote? “For all men being originally equals, no one by birth could have a right to set up his own family in perpetual preference to all others forever.” – Thomas Paine There will be 8 different sections of the maze, each with their own message.
look at what the prevailing political paradigm currently is. The sixth section is dedicated to those who have lived out their lives on the fence… to all the “Last Men”… a tribute to the wall of the “Unknowns.” The seventh sec-
tion is meant to diametrically oppose the last section with the wall of the “Heroes.” Those whom saw something they didn’t find fair in their time, and relentlessly sought to overcome it. The question will then be posed, which one will you be… how will you continue to live out your life? The eighth section is left open for feedback and commentary from the audience. Lastly, in place of a sign-in-sheet, we will have an “Anti-Last Man Pledge” that states with this knowledge, you now take upon a responsibility to either share what you have learned or to creatively contribute your unique talents to the movement.
All of this was followed up with an open-discussion event where we invited business and finance professors The first will be dedicated to acknowledging the joined students on what they economic gap between the top 1% of society and the have learned from the maze and “glass ceiling” of the average American. The second how the movement might contintheme will be based upon the misdirection of mainue to develop its cause for more stream media, and how the majority of newspapers, teleto see. vision, and radio place unnecessary emphasis upon irIf anyone is interested in joining relevant short-term gossip. The third point will be to discuss how the best slave is one that thinks they are free. or finding out more about Sigma Lambda Beta International FraThe fourth section is all about the “ nuclear family” ternity Incorporated please reach model vs. a community-based model. The fifth section functions to first reflect upon our campus’s collective out to the President, Amir Ismail through email at voice on their current understating of politics (via quesamir.ismail15@yahoo.com or feel free to contact with tions that will have circulated around campus weeks pri- him through LinkedIn http://www.linkedin.com/in/ or to the event), and to then take a critical and analytical ismailamir. 7
RBS Club spotlight ALPFA Future Events: General Body Information Session Date: Thursday, April 17th Time: 5:30PM Room: TBD Link for updates: runalpfa.org AIDS Walk (Community Service) Date: Sunday, May 4th Time: 11:30AM—2:30PM Location: Branch Brook Park (Heller Parkway Entrance) Newark, NJ Women of ALPFA NJ 9th Annual Summit Date: Wednesday, May 14 Time: TBD (Evening) Location: Newark Club 1 Newark Center #22A, Newark, NJ Details: Please contact Claudia Valencia at events@newjersey.alpfa.org
Message: Thank you everyone for what has been an amazing year for our chapter. We only hope that we were able to provide our members with amazing events, experiences, and lots of opportunities. Throughout the years that our chapter has been present on campus, we only hope that our board was able to continue to provide you a better experience than the year before. Good luck to those students graduating, as we hope to see you join our organization as a professional, and to those students who have yet to graduate, we hope to keep seeing you for future events to come! "Be a leader, be active.�
BASE Future Events: April is an exciting month for BASE, as well as, very busy! On Sunday April 13, BASE will be volunteering at the Run or Dye 5K Marathon, at MetLife stadium. Join us, have fun, and give back to a great cause! BASE has created a unique opportunity for the students of RBS. We will be hosting our very first Blood Drive. This will take place on April 16, on the 3rd floor lounge. Stop by, donate, and help save a life!
Link: http://newjersey.alpfa.org/index.cfm? fuseaction=Calendar.eventDetail&eventID=2306
Past Events: ALPFA Hillside Food Bank Date: Saturday March 8th ALPFA members spend their Saturday packing food donations to senior citizens at our local Food Bank
Women's HERstory Panel Date: Thursday, March 27th Well-rounded panel of professionals discussed the topic "Can women have it all?"
ALPFA Zumba Event Date: Friday, March 28th
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Please join Church & Dwight on April 17, to learn how Excel is used in their business functions. BASE will also be sponsoring a Brook cleanup in a local community on April 26th. Bring your friends, and have fun revamping a community! Finally, as we come to the end, Church & Dwight will return to discuss their initiatives on changing sourcing from China to the US. As you can see, it is a very busy month, but very exciting! There is still time to register for Run or Dye, Blood Drive, as well as, brook cleanup. Don’t forget to tell your friends! Message: As the semester is coming to a closing, we are both delighted, and saddened. Elections are well underway, and so are exams for some of you. We had an exciting and event filled month, from fundraisers to site visits. We have experienced growth within our organization, as well as, pure delight. This past month students had the pleasure of visiting one of the largest 3PLs in the world, Kuehne + Nagel. Students spent the day with professionals learning, and discussing all the major business areas. Students have expressed their enthusiasm, and appreciation for our excel workshops. All the wonderful feedback from students, and eagerness to learn more pushed us to host additional Excel workshops. We also held our very first fundraiser of the semester, and successfully raised over $300 to donate to the St. Jude’s Children’s Hospital! We would like to thank the Rutgers community for having been so generous and donating to our table to benefit St. Jude’s. This semester we welcomed Campbell’s. Global Demand Planner, James Masotti, discussed the various sourcing initiatives Campbell’s has undertaken, as well as, demonstrate the many excel tools Campbell’s uses in business. We were very excited about the turnout, and enjoyed students enthusiasm throughout the event. Caterpillar joined as well to discuss their carbon footprint, and many strategic initiatives they are undertaking. Our Head-Shot event had a great turnout! We were very excited to see so many students taking an active step in their own professional development.
CEO Future Events: Lunch and Learn with Jack Killion Thursday, April 17th Members will have the opportunity to have lunch with Jack Killion. A serial entrepreneur, who has founded various ventures in the sectors such as hedge funds, professional network consulting, real estate development, and many more. Bring you hunger for information! RSVP: www.eventbrite.com/e/lunch-and-learn-with-jack-killiontickets-11014287029
Issue 7, April 2014
Additional information: Do you have what it takes to become a CEO? If you are looking to surround yourself with people who share the same passion, mindset to start your own business and be innovative than CEO is the club for you! We highly encourage you to come to our events and join the CEO club. Past Events: Starting Up Like the Notorious B.I.G. Monday, January 13th Danny Boice, the Co-Founder & CTO of Speak a 500 Startups walked the audience through the background of Speak and getting from Startup idea to $3mm+ in funding, hundreds of thousands of users and recent launched out of beta. Attendees learned how to take their idea from concept to reality and learned tactical, pragmatic applicable details long the way.
CEO Kick-off Meeting Thursday, January 30th CEO welcomed the future CEO’s for the semester. How to improve your presentation skills Wednesday, February 12th Mr. Timothy Butts president and CEO of a consulting company helped members be more engaged while presenting.
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Non-Profit, Bake Sale! Thursday, February 27th The funds raised from this event were donated to GlassRoots a Newark Non-Profit Organization. GlassRoots belief is that communities can be transformed and elevated through the arts.
Resume Writing Workshop Monday, March 3rd Members were provided with the opportunity to polish their resumes and interact with students who have had experience developing their resume along with Ms. Alvarez’ help. Students where also given the opportunity to engaged with members and learn how to improve their interviewing skills. From Rutgers to Founders—Rutgers Entrepreneurs Alumni Panel Thursday, March 27th A Panel of Alumni entrepreneurs discussed their work, their experience as entrepreneurs, how they got to where they are, and offer advice for our members. Panelist included Clarke Lagemann, Steven Royster and Phil Patrick. JuiceTank Tuesday, April 8th New Jersey’s largest co-working space and startup incubator visited our members. The CEO Mukesh Patel provided insight on how his company could help our member’s entrepreneurial idea become a reality. He also walked CEO through his experience in starting his company. Mukesh is a serial entrepreneur, a founding principal of a private equity firm, attorney, business advisor, angel investor, and mentor.
Issue 7, April 2014
MISA Past Event: MISA hosted its global village on April 2nd 2014.
Message: Greetings fellow RBS Students, It has been a great year working with all of you. Over the past year, MISA has recorded tremendous growth and it was only because of your support and enthusiasm that we were able to host over 30 events including our signature MISA Global Village. We are proud that with the help of RBS majors, we were able to grow the brand of Rutgers, RBS and MIS. We have great events packed up for next year, from professional recruitment to alumni mixers to fun filled social extravaganza. We also would like to bid farewell to all the graduating seniors. It has been a great journey with all of you, we wish you nothing but best of luck for your careers and hope to see you back on the recruitment side.
NABA Past Event: NABA Social Mixer Friday, April 4th
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Message: On behalf of our E-Board, we would like to thank all of the participants at our event. Your participation made the night successful. I hope you made some great connections at our event. Please look out for emails soon about opportunities to join our Fall 2014— Spring 2015 school year E-Board.
SCPT Future Events: Restoring the Public’s Trust Thursday, April 17th 5:30PM—8:00PM A panel of business leaders share their personal experiences dealing with ethical challenges, how they overcame obstacles and how their careers developed. Guest speakers: JBK Associates CEO & President Julie Kampf and Chief Relationship Officer of NASBA Alfonzo Alexander.
General Body Meeting Wednesday, April 30th Meeting for all SCPT members & interested student to learn more about the organization and provide feedback. Refreshments will be provided at all events.
ESOURCES: Symplicity Calendar Includes information on all RBS Club events and professional workshops by OCM https://undergradbusiness-rutgerscsm.symplicity.com/calendar/index.php/ pid258724?
CDC Calendar Includes information on Club events as well as on campus events. https://andromeda.rutgers.edu/~cdcrun/ CDCRUN09/CDC_Calendar.html
Past Events: Bake Sell to raise funding for SCPT Tuesday, February 11th General Body Meeting Wednesday, February 12th
Debate around Corporate Social Responsibility (CSR) Wednesday, March 5th The objective of the debate was to challenge the basis from which we made our decisions, while at the same time challenging conventional thinking of ethical and moral issues. University Center Competition SCPT won the $500 grand prize. Message: The Student Center for the Public Trust (Student CPT) provides an interactive environment where ethical behaviors and ideas can flourish, while creating opportunities for students to network with the business community and develop professional leadership skills.
Office of Career Management: High Performance Series http://www.business.rutgers.edu/undergrad -newark/career-management/students/ career-workshops
APRIL 4/16—7:00pm-9:00pm LinkedIn Presentation & Mixer Please RSVP through Symplicity
Audience: All RBS Students and Alumni Dress: Business Suit 4/21—11:30am-12:50pm RU Doing the Right Thing Please RSVP through Symplicity Audience: All RBS Students Dress: Business Casual—no jeans, sneakers, or gym attire
Women’s HERstory Panel By: Giselle Sebello & Xhensila Pisha On the evening of March 27th, RBS student organizations ALPFA and RUWIB cohosted a panel event featuring distinguished female executives in honor of Women's History Month. The panelists gave their thoughts
on proposed double standards in the workplace, maintaining a healthy work-life balance, effective leadership, and more. Additionally, they each reflected on the course of their professional lives, drawing useful lessons from their experiences. The panelists included: Kim Johnson, Tax Director
as her life progressed. The first question of the evening dealt with dou-
at Prudential, Michaelle Fleisher, Director of Logistics ble standards at work. The panelists discussed the Services at Verizon Wireless, Michelle Ferrer, Founder notion that women in executive positions are perand Attorney at Plata Ferrer & Gutierrez LLC, Angela ceived as bossy, as opposed to their male counterBenson, Tax Control Senior Manager at Morgan Stan- parts, who are simply perceived as tough leaders. The ley, CPT Lilliam Bernal, Company Commander for the panelists agreed that while some gender discriminaNew Jersey Army National Guard, and Anna Walz,
tion did linger in the workplace, much of perception
Founder and CEO at Medisys Health Communica-
could be changed by strategic leadership techniques.
tions.
Strong leaders accommodate the learning styles of
Ms. Johnson kicked off the event as the keynote speaker with a narrative of her life, emphasising the importance of self-awareness in rational decision making, both in personal and professional situations. Taking the audience through her hard work in school,
their subordinates, the panelists agreed, while asserting their authority by clearly communicating expectations. Gender biases become immaterial when work relationships are productive and positive. Within a woman’s life, one of the major questions
her determination to earn her CPA, her transition into that comes up is, “Are you going to have a baby? If so, work life in the city, the corporate climb, and mother- when?”. In society, as women become more liberathood, Johnson described the fluid nature of choices
ed, there has been this expectation that if you were 12
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WOMEN’S HERSTORY PANEL (CONT’D.)
Issue 7, April 2014
male to “Make those career and family decisions
to have a career, then you must be perfectly fertile in when you have to and based on what is most convenorder to be able to plan your pregnancy around your
ient and best for you at that present moment. Don’t
career. Have you ever faced this situation, where you over plan”. have felt the need to plan your career around your pregnancy/planning a family, or even contemplate having to choose either or?
The topic of the family standard in regard to their husbands and men in general was also discussed. Anna Walz and Michelle Ferrer are both married and
With this question, each of the panelists had their work above their husbands. They advised the men of
own individual stories and opinions to share with the the audience to be supportive of their wives or future audience. CPT Lilliam Bernal discussed the difficulty
wives. “If you really want to help and be supportive of
in maintaining a relationship while serving in the mili- her, be willing to accept that she could be more edutary. She now much prefers and is happier remaining cated and earning more than you.” single because she feels this works best for her. Angela Benson discussed how in her younger years, she had made planned for marriage and a family by the age of 28. Laughing, “Let me tell you, you can plan and plan and plan all you want, it won’t happen how you planned. Don’t take yourself nor your career so seriously. Live life and adapt. There are so many opportunities I’ve had that I would have missed if I did get married by 28. No matter what you choose, there will always be sacrifices you’ll have to take.” The panelists had all advised our students, both male and fe-
Michaelle Fleisher had shared with the audience how her career was interfering with raising her daughter. She decided to quit her job when she realized that she wasn't in her daughter’s life enough. The company she worked for however, did not want to see her go and was willing to negotiate with her. She therefore, asked for accommodations so she had more time to spend with her family and urged the women in the audience to do so as well. The panelists and the audience all came to a general understanding that there are no unrealistic expectations to be “Super woman”. The definition of “Super woman” to one individual may be different to another. “Super woman” is not restricted to one specific type of individual; she is based off all of our own individual goals and aspirations for our own lives. The event ended with a pleasant dinner and networking session between the guests and panelists. 13
Allude Farewell O Rutgers: DAC Bids Goodbye to Seniors By: Saiyid Ali Abbas Raza As the bells ring on the slopes of the university hill, the spring descends upon the city of Newark, bringing upon the much awaited season of spring. The upcoming month will indeed be one of the most emotional and sentimental month for a number of students including a vast majority at DAC. This month will be the final month where graduating seniors can enjoy slacking off on the 3rd floor lounge, experience the last minute procrastination with printers being jammed at the 4th Floor Student Technology Center or just munch in the food from the “outstanding” services of Bistro. Yes ladies and gentlemen, this is a moment where a lot of us will bid our final farewell as we prepare for graduation next month. To maintain the spirit of this splendid month, DAC will be hosting its first ever Masquerade
Event on April 18th with support from the Undergraduate Office as well as all of the RBS student organizations. If you haven’t yet RSVP’d, make sure you do before time runs out. The event will also be inviting professionals and RBS alumni back to campus and will serve as a perfect opportunity to expand your networks. If you are a graduating senior, this is a perfect event to serve as an evening to remember. Now, I shall get back to the sentimental and emotional conversation of DAC. Under the leadership of new CoChairs Urvi Tiwari and Osman Makhdoom, a new Eboard was sworn in last week who will be taking charge next semester. In addition, DAC will be bidding farewell to some of its most wonderful gems this spring. Over 20 DAC members will be graduating this May, a number of whom have served in DAC for 3 to 4 years, and were there from its conception. We will also be bidding farewell to some of the most beloved leaders, including our current Co-Chair Catherine Balino and former President and current VP of IT Syed Hasan, along with other awesome E-board members. The journey of Rutgers Business School has been quite memorable, enjoyable and exuberant, which has seen almost all of us grow and groom into excellent candidates for the professional world. For now, this is Abbas, signing off. Go Scarlet Raiders! 15
DEAR ABBY DAC ADVICE COLUMN
Dear Abby, School is stressful. For me it is not because of the material, but because of my environment. My major is Finance, but my life is as volatile as 3D Systems. I just want to know how I can start fresh, and look towards the future? I am a 22 year old CEO in the making. I am very serious. I have the attributes, potential, but how do I simplify my life and truly be happy. — Where’s Harold
Dear Where’s Harold,
Dear Abby,
Please take a step back and take a deep breath.
Who truly benefits off the sale of cigarettes?
Inhale and Exhale... Feel Better? Now, it seems like
— Ketan Kumar
you've already gotten the "tougher" aspect of school covered - the material! The environment, fortunately, is something that you're in complete control of. You
Dear Ketan,
may be a CEO in the making, but don't forget you're
"Benefit" is a subjective word. The definition of
still only 22 years old! You're young, you're beautiful
the word is an advantage or profit gained from some-
or handsome, and you have every right to enjoy eve-
thing. So I'd say that if the consumer's needs/
ry minute of life before it actually gets really serious.
addiction outweigh the price of the cigarette, he's
My advice would be to make a list of things (mentally
benefiting. On the contrary, if the company that
or use sticky notes) of all the things that you wish you
makes the cigarettes has a higher sales than cost of
could do that you have not done yet. Things that are
goods sold, than they benefit. However, since ciga-
only important to YOU. It could be something as sim-
rettes are proven to be harmful to a person's health,
ple as going out with friends to the movies vs. taking
I'd say that the "true beneficiary" would be the com-
a nice little vacation to another country for a week.
pany. Because the company doesn't have to pay a
And the second step, would be to follow through. Put
cost in order to smoke the cigarette. The person pays
everything else on pause for a moment, and focus on
money and damages their body, and the cost out-
yourself. Do something that is only for yourself. It'll
weighs the so-called benefit. This is just my humble
make you feel a lot better and it'll help you putting life
view :)
into that new perspective you seek :) Trust me!
Sincerely,
Wish you all the best,
Abby
Abby To ask Abby a question, follow link here. Wait for next month’s issue to read Abby’s advice for you!
16
Dean’s Advisory Council
1WPJ
Issue 7, April 2014
DEAR ABBY (CONT’D.) are any other ways to advance as a member of the I went in majoring in accounting and now I'm not so sure that I'm really that interested in it. I'm having
DAC, I would be interested in knowing this information too!
a really hard time trying to figure out what to major in
— ru43
now because I am not sure what l like to do. Is there any advice you can give me to help me figure out what to do about this situation? — Sara
Dear ru43, In order to obtain the 'Golden Heart Award' for the Dean's Advisory Council, the member has to have completed the most number of projects out of every-
Dear Sara,
one, displaying extreme dedication and a high at-
You're not the first one that this has happened to :) So relax and believe that everything will be fine. The key people to talk to about this is: Yourself, Your Friends, Your Peers and Your Advisor. Ask yourself, what is that you really ENJOY doing. Where do you see yourself in 10 years? In what field of business (or even something else) do you see yourself practicing? I can't tell you what to major in, but what I can tell you is that people who are close to you can sometimes help you decipher between what is best for you vs. what is not. Once you've gotten that list of majors
tendance in all of our events. Secondly, in order to advance as a member for DAC, the first step is to take on as many leadership roles as possible. By showcasing your leadership skills, you will put yourself in the position of a valued and potential executive board member; which brings me to my next advice - Run for an e-board position (especially if you've been in DAC for more than one semester). These steps advance your role in DAC and give you new exposure; exposure you cannot achieve as a regular member. Best of Luck!!!
down to 3 or 4 - Research! Research the success
Warm Regards,
rate, the return on your investment, and most im-
Abby
portantly, decide if that is something you have the heart to do. Accounting is not for everyone. Heck, Business isn't even for everyone. But there is something out there that is just the right fit for you. Take an analytical approach to finding out what it is. Good Luck :) Abby
Too much in my mind, I am stressed out for my midterms, even though I did well my grades are not what I expected/expecting. I don't know what and how am I supposed to keep doing things. I feel like I am never going to succeed and make proud my parents proud even though they support me in everything. I have been disconnected with my friends,
Hello, I am interested in knowing how one obtains the 'Golden Heart Award' for the Dean's Advisory Coun-
even I don't know why. I always see myself trying so hard over and over again and again, every day. — BJ
cil, as I am a member of the DAC. Additionally, if there
17
Dean’s Advisory Council
1WPJ
Issue 7, April 2014
DEAR ABBY (CONT’D.) Dear BJ,
science? Is there a way that we can take our study
I have a gut feeling that a lot of your stress is derived from made-up situations in your head that
and twist it in a way that is unique and out of the ordinary? I do not want to just be another fish in the sea…
might not even be true! For example, what makes you say with so much sureness that your parents are not proud of you? You're receiving a higher level of education, pursuing a degree, and trying your level best to make something successful out of yourself. If you ask me, that's a lot to be proud of! However, if you're still convinced that you aren't doing anything right and they are disappointed in you, talk to them and have them see eye to eye with you. You're their child after all, and they'd do everything and anything to understand and help you with your problems. As for the disconnection with friends and/or family, that is completely in your control. Take a moment to "x" out of the calendar and switch of your to-do list, reach out to your friends, and make some plans to hang out. After all, good friends are those that you meet after years and still catch up from where you left off last time! Lastly, don't compare yourself to others. Focus on your own individual goals without brining into perspective what he or she might have achieved that you haven't. Truth be told, you're probably doing better in something else that he or she wishes they could do too. Most Importantly, Remember to smile :) Abby
— Sam S. Dear Sam, I understand your dilemma really well. When I came into Rutgers, I declared Accounting as a major, only soon to learn there were, what felt like, about 5000 more students JUST like me. Some ways that I found to differentiate myself in the big sea was declaring a double major in Finance, going for the 150 credits program prepping myself to take the CPA after I graduate, taking on eboard positions and work positions related AND unrelated to my field, making sure I diversify my experiences, applying for internships early on, and making sure that I had at least 3 casual, yet passionate, things about myself to showcase during an interview or conversation. Believe me when I tell you that no two people are exactly the same. If you search just a little bit more, I'm more than sure that you'll find a niche for yourself that will diversify you from the rest. As a Finance major, RBS offers an ocean of possibilities that can help you achieve what you are seeking. Check out this link right here and see if this helps you get a kick-start: http://business.rutgers.edu/undergrad-newark/ academic-programs/finance. Also, just my humble suggestion, look into the CFP requirements and strive to attain at least some sort of certification in your field
More often than not, the students I meet randomly during my daily travels are Finance majors, like me. It seems as though this study is becoming overwhelmingly diluted with students who don't know what they would like to do with the degree. I too, unfortunately, have fallen victim to this same dilemma. What should we do to differentiate ourselves
after graduation. And also look into declaring a concentration or another major - that will really help you put the twist on your area of study! The competition out there is a lot tougher than it is in RBS! Best of Luck, Abby
from the herd while staying committed to our chosen 18
Tips for Negotiating By: Jeannie Mark Career fairs and interviews can be extremely intimidating, especially when it’s your first time going to one. However, you should always remember that although the company has a lot to offer you, such as a way to pay off your student loans, you have just as much to offer a company. Years of hard work and late night cram sessions should be rewarded in some way, a way that starts with a dollar sign and ends in a lot of zeroes. Therefore, if a company you would really like to work for offers you a below average salary, you have every right to negotiate for something higher. Here are some tips on how to negotiate your way to big bucks: Do research. An essential to any negotiation is research. Look up the average salary for your position on the company’s website as well as companies within the area. If your salary falls below a high percentage of that salary, negotiate for something close to what other people are banking. Be realistic. Be aware of what skill sets you have or don’t have. If you have little to no experience, it will be much harder to get a higher starting salary. However, if you have a good amount of experience related to the position you’re applying for, then you have a much better chance of getting a higher salary. Be vulnerable. I know this may sound like unusual advice because so many people come off extremely strong in negotiations but showing your vulnerability and concerns will make you that much more relatable and allow people to empathize with you. This is not a guilt trip. It is making your interests and stakes, such as your student loans or your travel expenses, aware to the other person. In this way, you may be able to get reimbursement for certain things that will compensate the lower salary.
Ask questions. Don’t let the negotiation turn into a back-and-forth war of high and low numbers being thrown across a table. That can cause serious tension and, even if you get the higher salary, it can make you seem demanding and as though you are concerned only about making big bucks. Ask the other person about their interests or stakes. Some companies have a small budget in terms of salary and the person may not be able to offer you a higher salary even if he or she wants to. As an alternative to a higher salary, ask about bonus plans and paid vacation time. Build a relationship. Use this negotiation as a way to build a relationship with the other person. Don’t leave things on bad terms or allow the negotiation to escalate into a debate or argument. Try to find mutual ground and a situation in which both parties will benefit from the outcome. This will give you a great reputation with the company and give you a connection with the person in charge of your pay. 19
Nomination Form Date: Nominee’s Name:
____________________________
Nominee’s Major:
____________________________
Nominator’s Name:
____________________________
__________________________
How did this student demonstrate academic excellence this month? ____________________________________________________________________________________ ____________________________________________________________________________________ What special project(s) inside of RBS did this student take on that set him/her apart? ____________________________________________________________________________________ ____________________________________________________________________________________ What special project(s) outside of RBS did this student take on that set him/her apart? ____________________________________________________________________________________ ____________________________________________________________________________________ How did this student exhibit the quality of good behavior and/or social responsibility? ____________________________________________________________________________________ ____________________________________________________________________________________ What special characteristics about this individual deserve recognition in this month’s issue of the 1WP Journal? ____________________________________________________________________________________ ____________________________________________________________________________________
Know a Rutgers Business School student who has shown overall excellence? Tell us! Step 1: Fill out the form above, or follow the link here. Step 2: Email the completed nomination form to 1wpj.rbsugnwk@gmail.com. Step 3: Wait for next month’s issue to see who gets chosen as “Student of the Month”! 20
CHAT AND CHEW WITH DEAN BATTLE-BROWN Dean Battle-Brown has expressed an interest in helping students make more personal connections to each other and the Rutgers Business School brand. In response, the Dean’s Advisory Council partnered with Dean Battle-Brown to develop “Chat and Chew With Dean Battle-Brown”. This program will be a lottery system for all interested students who wish to network get to know other students and Dean Battle-Brown over lunch. Come build relationship with your fellow students at a lunch where you can discuss a variety of topics. We believe this program is a step toward developing a stronger student body and the Rutgers Business School brand
Location: University Club (Paul Robeson Campus Center) Dates and Times: Monday, March 3 @ 11:30-12:30 PM Monday, April 7 @ 11:30-12:30 PM Monday, May 5 @ 11:30-12:30 PM Interested Students Please Sign- Up: Visit Undergraduate Office, Room 324 and fill out student info card, or follow link here.
Join Us!
Lunch Provided!
HAVE SOMETHING INTERESTING TO SHARE? IT MIGHT BE 1WPJ WORTHY! CONTACT US AT 1wpj.rbsugnwk@gmail.com