BSOC BIZZNESS Issue 1 2011 by UNSW Business Society

BSOC BIZZNESS A UNSW BUSINESS SOCIETY PUBLICATION | ISSUE 1 2011

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Learn the 5 simple steps to juggle university, work and your social life

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CONTENTS

18 |

ING ACT C N A L A B E T A nd life THE DELIC gh uni, work a way throu r u o y e is ru c How to

B CONTENT

EXCLUSIVE WE

ebsite Log onto our w e? lif i n u f o ts u o articles on the ins and to even more re ss o ce m ac ad ve re si u to "Want have excl where you will unswbsoc.com at UNSW!! " g ness students si u b & Lawrence Pn y b en tt ri w Johan Santoso Cover photo:

03 | Calendar and Updates 04 | President’s Welcome 09 | Director Introductions 26 | Match The Directors

20 | If you think Cadets have no life, then you’re WRONG!

Articles

22 | The Change Agent

05 | Why The World Needs More Commerce Students Like You

24 | TIPS from the HR Department

WELCOME!

25 | WHAT’S ON at UNSW Careers and Employment This Student Club publication is proudly supported by Arc

Download THE BIZZ, (with more articles to get you through uni!) at www.unswbsoc. com and click on Publications. Archived editions, with tips, tricks and insights into your majors, subjects and careers are there for you to get an edge up!

Photo by Milo Li www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 2

CALENDER AND EDITORIAL Thanks to our principal sponsor who make it possible for us to bring THE BIZZ to you!

Interested in a worthwhile university life? Read on

Keep up on Facebook and Twitter! http://www.facebook.com/unswbsoc http://twitter.com/unswbsoc

UPCOMING EVENTS 21-25 FEB

28 FEB

UNSW O-WEEK Visit our stall! Sign up for Orientation Camp and Peer Mentoring!

UNIVERSITY STARTS!

hen I sat down with our publication directors to ask ‘why’ do we have an O-week edition of BSOC Bizzness, we came to a simple conclusion. It wasn’t a headline or something to plaster on our cover. Instead, it was a theme that fit our purpose as part of the UNSW Business society and hit the crux of what first year is. That theme is the three I’s: introduction, insight & involvement. How do the three I’s fit into the purpose of the UNSW Business Society? As a group, we exist to make sure these are some of the best years of your life and that you graduate ahead of other students. Introducing us to you allows us to give you a glimpse of the fun awaiting. We want to give you insight, so you can appreciate how far ahead you’ll get. We want to involve you, because the main walkway is better with friends. So make your university life worthwhile. Introduce yourself. Read BSOC Bizznesss and ask: ‘What insights on uni do they have?’ ‘How can I apply it?’ Involve yourself now. Say hi, visit our website, register, volunteer and come to our events. Because so far these have been the best of times for me. Make them yours too. -Pasha Rayan Chairperson 2011

4-6 MAR

BUSINESS ORIENTATION CAMP

BSOC BIZZ team and contributors

‘Survivor’ - COME SIGN UP AT THE BSOC STALL

Editors-in chief Johan Santoso (Publications Director)

BSOC Meet and Greet

15 MAR

Come meet the team and get involved!!

Linda Ye (Publications Director)

Vice President Internal (BSOC) Karen Wang

21 APRIL

BSOC Cruise

And all the contributors for their articles and submissions!

Best uni cruise of the year brought to you by BSOC www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 3

PRESIDENT’S WELCOME

niversity is a challenging experience for anyone, especially a fresh-faced teen with no experience of the ‘real world’. From the security blanket of high school to a breeding ground of ideas, culture and social development, it isn’t an easy transition. Having discovered the UNSW Business Society (BSOC for short) through older friends, I signed up to the Peer Mentoring Program. My peer mentor was a student who had already experienced the walk of ‘uni life’ and was there to help us discover what we wanted from ours. After been being exposed to programs such as the Industry Mentoring Program (and networking lunches?), you realise that there is much more to be learnt outside the packed first-year lecture halls than how to use uniwide to access Facebook.

“So go wild and make your mark on UNSW!”

One notion stuck firmly to my mind: you don’t end up where you are by chance – people evolve and grow to become what they are now and in the future.

our new BBQ series to help foster a sense of community as well as bring to you the very best opportunities to network informally with the commerce industry and individual companies. And of course, we will continue to provide you with our Orientation Camp, Cruise, Dance Party and Annual Ball to make sure you are able to let your hair down. We believe that by enriching your experience through careers, education, social and sports events, we are able to deliver and embrace a culture of professional development, personal accomplishment and social networking.

Eugene Siu President 2011

We here in BSOC aim to foster a sense of community within one of the top undergraduate business schools in Australia by nurturing the highest achieving young minds. Management of the UNSW Business Society is done by fellow experienced student executives. Being an ASB Faculty backed Constituent Society, we represent not only the accounting and finance students that predominately populate the course, but also marketing, economics, international business, management and actuarial studies students. We are an umbrella society for anything and everything offered by the ASB. For 2011, we are looking to consolidate on the success of our Professional Development Program by improving our Industry Mentoring Program and Skills Workshops as well as implementing

www.unswbsoc.com | THE BIZZ ISSUEw 1 2011 | 4

INSIGHT

Why The World Needs More Commerce Students Like You ;) A: Hi, nice to meet you! B: Same here! What are you studying? A: You know, Commerce at New South. The usual! B: Haha me too! Why did you choose this course? A: Ummm…*blink blink* …wow nice weather right?!

hether you have chosen to study Commerce at UNSW because your family or friends “advised” you to or because you find this your true calling in life, there are times where we might question our choice of degrees. However whenever that happens keep this in mind (no we are not trying to brainwash you here): •The variety of majors available will ensure you remain interested and focused for the duration of your studies and not just for the first few weeks before you begin contemplating skipping lectures! •You can be guaranteed that many doors will be unlocked with a UNSW business degree! •You are promised exposure to a diverse and exciting campus culture,

participation in extracurricular activities and the opportunity to meet hundreds of people and even more if you decide to crash lectures just to socialize…I mean to learn more! •Despite the numerous students who pass through the various faculties within the Australian School of Business, business students often have the greatest career opportunities upon graduation. These range from climbing the corporate ladder in various multinational corporations to starting up your own business from within your home or creating new products and facilitating change across the world through financial innovations. •The business landscape is vast and competitive, much like your university degree and studies. There may come times when you find the demand and supply graphs in economics too repetitive, the balance sheets and

by Yasaman Naghiloo Arthur Wang Kevin Lee

income statements in accounting too tedious and worst of all, times when you begin making lame commerce jokes! But most importantly, it is the skills that we will eventually learn as a business student through our studies and exposure to the business environment that will define and shape us for the rest of our lives. •Our successes and failures are both refreshing when we can always take something away from all our experiences, much like when you gain experience in Pokémon to level up and evolve! Using this principle you will definitely find yourselves eliminating any doubt as to your choice of studying Commerce! •Don’t be afraid to enjoy and explore and at the same time, don’t become a replicate of the crowd. Try and stand out from the thousand other Commerce students in your year!

Photo by Johan Santoso www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 5

INSIGHT

A Little Taste of Whats to Come.........

By Michael Sin

ou step on campus, the first moments of a new beginning. A sea of people flow in and out of the main walkway, spreading towards every corner of the campus. You briskly pace around the countless buildings to find your classroom. Limited time, minimal sense of direction.

with consecutive classes from lower to upper campus who have strict and unrelenting teachers. However, there is a solution. Got a crappy timetable? Get someone to mark off your name at a tutorial or ‘forget’ to turn up for your lectures – the bounds are endless.

It is also then that you are also exposed So you want to be a UNSW Commerce to many of the little things that you student? Many would define this as may enjoy on campus. Playing a playing pool for six game of pool at the hours a day, five “Limited time, minimal Roundhouse, grabbing days a week at sense of direction.” a bite at the Quad, the Roundhouse raving raucously with However, this habit generally develops friends in the upper levels of the Main during the middle of the semester, so Library, or even using the ASB as a you’ve been warned. designated alcohol consumption area – there’s something for everyone here. ‘1-2pm - ECON1102, Law Theatre.’ ’2-4pm - ACCT1511, Biomedical Convenience and costs are large factors Theatre’ to consider when you have anything at university. I remember failing miserably It is in the first week of uni that a UNSW to memorise all nine places around student fully appreciates the terror of campus where there was a microwave the words ‘Biomedical Theatre’. It strikes (according the Cheapskate’s Guide to fears into the heart of any student UNSW). But there’s only one place that

Photo by Vincent Khou

Business students need remember, and that’s the Level 1, Law Lounge microwave. Law students really love to share, especially their library. You will meet a considerable amount of people during uni (and initially forget the majority of their names, except, of course, for the hot girl/guy you’ve been eyeing) and may even eventually become great friends over the course of your degree. In fact, the best of friends have such team spirit that individual online quizzes are done in large groups for maximum benefit. All in all, it may take a while to adapt to this new life, but it is inevitably a good one.

So welcome, first years.

Photos by Johan Santoso www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 7

INSIGHT

How

d n a s d n e i r F e k a M m e h t p Kee By Reshan Perara

aking friends is like talking to that cute guy or girl standing at the end of the bar. You know you should talk to them but you’re not sure what to talk about. You are scared that you will get nervous and say something stupid. Okay so maybe it’s not exactly the same as you’re not likely to try and grind up to someone in your accounting lecture, but you get my point. No doubt when you hear people talking about how to make friends you hear an endless stream of clichés. But there’s a good reason people continue to give this advice... it works. However listening to the infinite amount of sometimes painfully lame clichés can be tiresome, so I’ve taken the liberty of rummaging through the dirt and dug up these treasures for you.

. Always say hi. Don’t be afraid to say hey to anyone you come across in Uni. People are generally friendly and are up for a chat, they’re just waiting for someone else to make the first move.

. Smile. No one wants to talk to the person who looks like they want to throw their textbook at the back of your head. Chuck on a smile, not only will it make you feel happier but people are more likely to come and talk to you.

To keep the mountain of new friends you’re going to make, make sure you always greet them when you see them around Uni and try and meet up every so often. It doesn’t have to be planned or formal, just catch up and chill in one of the many cafés or lawns that are scattered around UNSW. Now get out there and start meeting new people! And if you ever need to practice your new friend making skills... there is always that cute guy or girl at the end of the bar.

. Don’t think, just do. You don’t have to think hard about what to talk about. I once talked to a guy for half an hour about different razors and it turns out that three blades is the way to go boys. My point is you can talk about anything as long as you’re interesting, enthusiastic and cheerful when you speak.

Just Do 1 2.... and 3.

www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 8

DIRECTOR INTRODUCTIONS Core Executives

Eugene Siu

(President) by Johan Santoso

YEAR: 3rd COURSE: Commerce majoring in Accounting and Finance His name is Eugene Siu but is popularly nicknamed “ES”. Eugene’s favourite food is nonexistent. He is always hungry and so he eats too much to have a favourite. When asked about his phobia, ES exclaims atychiphobia (the fear of FAILING). The last time he cried was when his poor pet pug died. On a lighter note; he has big GUNS! This is why he wears revealing singlets! ES has a quirky personality where he seems to be quiet most of the time but his friends say he can be quite the aficionado sometimes.

Karen Wang (VP Internal) by Pasha Rayan

YEAR: 3rd COURSE: Commerce Karen is a heartful friend with infinite smiles and energy. She’ll stick with you through these awesome uni years and never fail to make any event a little bit brighter with her humor. It’s surprising to know that she’s an actuary! We think she secretly wears bright nerdy costumes to BSOC parties to remind us that number crunchers can be fun. With her around, who could forget? When asked about her hidden talents, she revealed that people are normally surprised to hear she used to play the violin because nobody can see her handling a gentle string instrument with her type of personality

Pasha Rayan (Chairperson) by Yvonne Lam

YEAR: 3rd COURSE: Commerce (Liberal Studies) Pasha is a tech genius - he can pretty much tell you anything you want to know about computers and graphic design and his skills have been put to good use for BSOC over the years. His weakness is his love of anything with cheese in it.

Yvonne Lam (VP External) by Reshan Perera

YEAR: 5th COURSE: Commerce/Law majoring in Finance & Law Yvonne Lam is our pocketsized, shopaholic External Vice President. But don’t let her size and shiny clothes fool you, this is no ordinary girl. She might jump out of her designer shoes at the sight of a spider but her lightning fast Mah-Jong skills and determination will leave you speechless. Yvonne secretly wishes she had invisibility powers, no doubt to get her hands on some ‘complimentary’ clothes. Her bubbly personality and friendliness make it hard to believe she is studying the killer combo of Commerce and Law majoring in Finance and Law.

Eugene Kwek (VP activities) by Karen Wang

YEAR: 5th COURSE: Commerce/ Engineering At first glance he may seem like the “Gym is my life” type, but once you get to know him he will charm you over with his geeky yet infectious laugh. Known for walking like a duck (literally), don’t get him mad or otherwise suffer the abomination from the one known as the Incredible Hulk! EK reckons that phobias are “irrelevant” because he’s apparently not scared of anything at all. He often reminisces about his kiddy days and misses playing lunchtime games the most. When questioned about his dream job, he responded with “Harry Potter”.

Angelina Yang (Treasurer) by Eugene Siu

YEAR: 3rd COURSE: Commerce/Law Angelina is BSOC’s money (wo)man. She has an extreme hatred for cockroaches and finds them “disgusting” because they apparently “freak her out”. When asked about what superpower she wishes she had, she desired invisibility since she reckons that it will be handy when sneaking out of embarrassing situations. Lastly, Angelina definitely prefers happy endings to “overrated” scary movies because of the torturous suspense.

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DIRECTOR INTRODUCTIONS External Directors Yasaman Naghiloo (Careers) by Cheryl Mew

Martin Liang (Sponsorship) by Tim Chiang

YEAR: 3rd COURSE: Commerce/Economics majoring in Economics, Econometrics, and Finance. Yasaman’s dream job is to be the CFO of an international fashion house such as Dior wor Valentino. As a dedicated reader, her favourite authors include Matthew Reilly, Agatha Christie, Meg Gardiner and Janet Evanovich. If she can travel backwards in time, she wished that before uni started - she was exposed to the competition within commerce - standing out and shining amongst the thousands of students. However, she loves taking on challenges - two HSC’s a year with a pool of workload to swim in, is surely not of a problem to her!

YEAR: 4th COURSE: Commerce/Economics Martin Liang chose the do this degree simply because he didn’t like the artsy subjects that he must do in Commerce/Arts or Commerce (International). However, just like any other high achieving Asian, he had to distinguish himself from the many thousands doing a pure commerce degree. Therefore, he picked Commerce/Economics. Martin chose to be involved in BSOC to expand his networks both socially and professionally. One of his greatest ambitions is to travel around Europe before he graduates! (Hurry up Martin! You don’t have long to go!)

Arthur Wang (Careers) by Carolyn Lim

Kevin Lee (Careers) by Damien Le

YEAR: 3rd COURSE: Commerce/Law majoring in Accounting and Finance. Arthur has been both a tax and financial services cadet at Ernst & Young. He is one of the million Sydney High boys attending UNSW. He prefers to spend his leisure time sailing, painting and playing ice hockey. The one thing he misses about being a kid is wishing to grow up sooner! His dream job would be running a hedgefund by a sandy beach in the caymans.

Tim Chiang (Education) by Yasaman Naghiloo

YEAR: 2nd COURSE: Commerce/Law majoring in Finance Having just completed his first year, he wishes he had known how many steps there were at UNSW, having been completely unprepared for the long treks up and down campus. Noodles, especially soup noodles, are Tim’s favourite food! He also enjoys playing tennis, DotA (although he states he is not that great at it) and just chilling in general. Taking part in Law Revue last year and having loved it, you will most definitely see Tim this year actively engaging in uni life!

YEAR: 3rd COURSE: Commerce majoring in accounting and finance He prefers scary movies as they are more exciting whereas happy movies are in his words “meh” lol. He claims to not be sadistic or anything but happy endings is too bland for his liking. The things he missed most when he was a kid are how simplistic things were back then and of course Cheeze TV. His biggest worry was sneaking his tamogochi into school and simultaneously making sure it didn’t die.

Lily Tran (Education) by Lawrence Png

YEAR: 4th COURSE: Commerce (Liberal Studies) majoring in Finance, Taxation and Chinese Studies. When asked what fears she has, she confessed that she suffers from a phobia of insects. She also confessed that she wishes she had the power to eat anything and not get fat. Since she is getting to the business end of her degree, she dreams back to a time when she only had to worry about what cartoons to watch in the morning. If everyone on the BSOC Board was a beverage, Lily Tran would be a tequila shot, small but powerful, and loved by all.

www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 10

DIRECTOR INTRODUCTIONS

Activities Directors

Cheryl Mew (Social) by Arthur Wang

YEAR: 2nd COURSE: Commerce majoring in Accounting and Finance Cheryl is also passionate about orchestra and has been a flute teacher before beginning work as a cadet with Deloitte. She has dreamt since she was a kid that a genie would rock up to her house and grant her three wishes. At the time this was being written, she was still dreaming. For Cheryl, her dream job is to manage events with unlimited budget and unlimited fun! Her determination, optimism and vibrance makes for an ultimate combination.

Mindy Chang (Sports) by Priscilla Ng

YEAR: 2nd COURSE: Commerce (Finance Co-op) If Mindy could choose any superpower she would choose to be able to fly as it’d make life a lot easier. She likes both scary movies and those with happy endings - scary ones give her an adrenalin rush and happy ending movies give her a nice warm and fuzzy feeling inside. Her dream job is to be a great mother and housewife because that’s enough responsibility and work in itself.

Damien Le (Sports) by Eva Law

YEAR: 4th COURSE: Commerce/Economics majoring in Accounting, Finance and Financial Economics Damien is our extremely sportive and tanned sports director. He has a phobia of heights and is bogyphobic, sophophobic and malanophobic. Yes according to him, these are actually real phobias. In his spare time he likes to play SPORT, watch SPORT and SPORT in general, alongside going to the beach, drinking hard and snowball fights. He mostly misses his naptime as a kid. He wishes he had ambi-turner superpower because he can’t turn left.

Priscilla Ng (Social) by Martin Liang

YEAR: 4th COURSE: Com/Law majoring in Fin Priscilla is a very bubbly and energetic person. Priscilla always enjoys organising events for her friends and family, always trying to bring everyone closer together from road trips to dinners. One of her hobbies would be eating and more eating, she loves food, and she is the guru when it comes to fine dining and delicious food in Sydney. So when ever you are stuck with choosing a place to eat, whether it is for your first date, or just a quick bite at lunch, Priscilla would be able to give you plenty of advice. Coming into fourth year, Priscilla misses her childhood, and deep down inside she is still a little girl, longing for her childhood.

Reshan Perara (Social) by Kevin Lee

YEAR: 2nd COURSE: Commerce/ Economics majoring in Accounting, Economics and Finance When asked about what he misses about being a child, Reshan answered by referring back to the days where a bad day meant someone else got the Lego first and you were stuck playing with the wooden blocks. Resh reckons he’d be a hero instead of a villain any day because he’d still get all the ladies even if he walked around in his underwear (like Superman).

Internal Directors

Jon Ung (IT) by Wendy Wang

YEAR: 2nd COURSE: Commerce/ Engineering Jon likes to describe himself as “an artsy design person” who aspires to build computers with enough physical aesthetic attractiveness to rival a stunning piece of modern art. Despite his fear of heights, Jon has a partiality to roller coasters and even envisions sky diving one day. Jon rates Ironman as his current favourite superhero and when asked why, he explains nonchalantly: “I’d find Osama and bring him to Obama”.

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DIRECTOR INTRODUCTIONS Internal Directors Eva HC Law (Marketing) by Eugene Kwek

Lawrence Png (Marketing) by Lily Tran

YEAR: 2nd COURSE: Commerce/ Economics If her Commerce/Economics degree does not allow her to be an entrepreneur, her backup dream job has always been to fly a G6 as a pilot. When asked about her fears, she responded that she’s terrified of “big fat hairy rats” and “scary freaky clowns”. She misses her kiddy days when she could pig out on everything and had nothing to worry about. Eva admits that she has a missing bone in her left hand and her hidden talent is to feign crying.

Wendy Wang (HR) by Linda Ye

YEAR: 2nd COURSE: Commerce/Economics Lawrence reminds everyone of a Hershey’s chocolate bar because he is so brown! He is a beautiful chocolate man! Although he has tried every conditioner ever invented, his hair remains the same shape on land and underwater. When he started uni, he began to miss being a kid especially being able to fit into small spaces because he is just too tall! Lastly, Lawrence is terrified of clowns. But if he were able to have any sort of super power, it would have to be speed so that he can run away from clowns.

Carolyn Lim (HR) by Jon Ung

YEAR: 2nd COURSE: Commerce/Science majoring in Actuarial Studies and Maths/Statistics Wendy misses the days when she was still growing vertically. In her spare time, Wendy enjoys staring at glossy fashion pictures, then attempts to emulate the designs by sketching them. If she had a German shepherd though, she believes that her favourite hobby would also include playing or wrestling with her dog. Wendy admits that she has never watched a complete horror movie in her life of almost two decades, but what she does love watching are the mesmerising combat scenes in action movies. Not surprisingly, she counts James Bond as one her favourite action heroes.

YEAR: 2nd COURSE: Commerce/Arts majoring in Finance, International Business and Chinese Studies and minoring in French Studies. Carolyn Lim is always full of energy all the time. She is always up for anything! Carol’s hobbies include sports such as basketball or tennis, to reading, playing the piano; but most of all she loves her Lebron James and loves laughing all the time. Her signature ‘yelp’ when you poke her sides keeps many entertained and reflects on her jumpy, fun and unique personality! Carol’s carefree nature makes her miss her kiddy days even more when you never had to think about consequences and just did whatever made you smile and laugh.

Johan Santoso (Publications) by Angelina Yang

Linda Ye (Publications) by Mindy Chang

YEAR: 2nd COURSE: Commerce (Liberal studies) majoring in Finance Johan is secretly involved in rifle shooting having shot competitively in high school and coaches the awesome Sydney Boys High team on Saturdays. Moreover, he is also secretly a STATS KING because of his awesome teaching skills and knowledge in ECON1203. GO TO HIS PASS CLASSES GUYS! But he would much love to be a Hollywood stills photographer by day and an action sports photographer by night. One thing he misses about being a kid is missing the feeling of wanting to wake up early in the morning to catch the next episode of Dragonball Z or the Mighty Morphin Power Rangers.

YEAR: 3rd COURSE: Commerce/Law majoring in Finance Linda is a Valentines Day baby, so really she had no hope but to become a romantic idealist. She is a self proclaimed shopaholic. Her hobbies include reading Vogue and scouting for sales. She spends many hours of her day in deep thought (another hobby) pondering over the mysteries of life and our existence. Linda wishes that someone had told her that uni doesn’t really give answers to any of those questions. In fact she misses the days when she was a naive little girl who aspired one day to either be a supermodel, leading lady in romance films or an evil genius who ruled the world She is also not just a girlie girl as she also enjoys playing Call of Duty and Resident Evil. www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 12

INSIGHT

Photo by Johan Santoso

I had the BEST TIME of my life on Exchange!

- By Damien Le

was just your average BCom student majoring in Accounting and Finance at UNSW. That was until I had the great idea of going on exchange. And what better place than Copenhagen, Denmark, on the opposite side of the world! Having never set foot in Europe before, this was a big decision but as you will see it turned out to be without a doubt, the best decisions and 6 months of my life.

Danish meatballs), learning new languages and basically experiencing different lifestyles cannot fully be expressed through words. Really, you have to experience this first hand to truly understand. However, as easy as it is to forget whilst travelling throughout Europe, you are still astudent and you still need to pass all your exams!

going on exchange, I just have one thing to say: “Just do it!” as not only have I learnt so much from each country but also a lot about myself. However it wasn’t just the cities travelled or the food eaten that made exchange the best time of my life but more importantly it was meeting the people and making lifelong connections that made it the most memorable time of my life.

Studying at Copenhagen “I have slept in So you want to know Business School with such high what happened? airports and train achieving students scared me In 6 months I managed initially. In addition, the Danish to travel through stations, encoun- system of teaching is very 17 countries and 33 tered thieves and different to ours as all classes cities, learning all optional, final exams are even managed to are about their different 100% and most exams are oral! cultures. I have slept get kicked out of a at airports and train with the help of UNSW´s train in an unknown But stations, encountered policy of only requiring a country.” thieves and even pass and having English as managed to get my native tongue, I actually kicked out of a train in an unknown country. found the examinations to be easier than I But hey, this just all adds to the experience! thought. Thus evidently it is very possible to balance studying with the partying The satisfaction and enjoyment I gained and the travelling whilst on exchange! from eating different cuisines (from Paellas For those students out there thinking about to all pastas possible to intestines to infamous

www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 13

INSIGHT

The Hitchhiker’s Guide to UNSW - By Tim Chiang and Lily Tran

elcome to UNSW! As you will soon begin to realise university life is very different to high school – bigger campus, thousands of more students, tons of clubs and societies, and of course freedom. At university you have the freedom to choose the subjects you want to study (after completing the compulsory core subjects), the freedom to choose who you have classes with and the freedom to join as many student societies/clubs as possible (like UNSWBSOC). BUT be warned – this freedom may lead to unwanted stress in your life. Here are some tips on how to stay sane at uni whilst enjoying the life of an undergrad student.

Time management

Use a diary to keep you organised with assignments, quizzes, exams, birthdays, meetings etc.

Meeting new people and

Do follow our time management tips to avoid stressing during exam period.

Have relaxation time – time to yourself will help you have a clear mind.

Make the most of university life by meeting people from different faculties and backgrounds.

Make a study timetable so you are aware of how many days you have to study for each subject.

Over activities.

Introduce yourself to the person next to you in your accounting tutorial.

Remember when you have exams (you will be surprised that some people forget they have an exam on a certain day)

commit

Procrastinate.

yourself

with

Be open approachable.

minded

3. Exams

Join UNSWBSOC Peer Mentoring Program to meet fun and interesting people. Be scared to meet new people. Be afraid to introduce yourself.

Stress - Panicking about being stressed will not help you remember the supply and demand curve. Avoid all-nighters to ensure you have enough energy to do the actual exam. Don’t try cheating - it’s not worth it!!

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INSIGHT

Ticket Scalping: What's the Big Deal? EXCERPT

he scalping issue also came to a head for Cricket Australia during the 2006-07 Ashes series, the historic Test matches between Australia and England. While the federal government was sympathetic to the problem, it viewed it as a state issue. As a national operator, however, Cricket Australia found existing state laws too cumbersome for their purposes. In the face of public outrage, Cricket Australia made it part of a ticket's terms and conditions that it not be resold at a premium. "We hired a private investigator [to track ticket resales] and ended up cancelling several thousand tickets," says Peter Young, Cricket

Knowledge opens doors

Australia's general manager of public affairs. "People were angry, but we had warned them. We wanted to send a message to the scalpers and their customers that there is a risk." As no subsequent event has generated the same interest as the Ashes series, the long-term effects of this policy have yet to be tested. Young believes the rise in popularity of Twenty20 short-form cricket may prove to be the next scalping battleground Scalping is part of a wider problem of declining live audiences for sporting events, because the long-term effect of scalping is to deter attendance,

according to Young. "If the public perceives that access is going to be difficult, then its interest will wane and divert elsewhere," he says. "The principal concern for us is, for our game to continue to thrive, it needs to be accessible to all the public â&#x20AC;&#x201C; and not just the well-heeled. We make a percentage of tickets available at what is effectively lower than the market rate. It's important for us that ordinary families can experience live cricket."

Read the full article plus more at knowledge.asb.unsw.edu.au

Stay up to date with the latest business news, trends and research with Knowledge@Australian School of Business. A free web-based journal produced by the Australian School of Business at UNSW. Join a community of over 37,000 business professionals from 180 countries.

Subscribe to the free fortnightly business news bulletin today at knowledge.asb.unsw.edu.au

www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 16

CAMP

orientation

One Island. March 4-6 Unforgettable Milsonâ&#x20AC;&#x2122;s Island Memories. $230 Full / $210 ARC unswbsoc.com

INSIGHT

The Delicate Balancing Act By Karen Wang

t’s your first day of university. You feel excitement as you walk to your first lecture, eager to mingle with other first years. This is your new home for the next few years, and you can’t wait to experience all that UNSW has to offer (except the stairs). The assignments started to pile up, work is demanding overtime, and the party of the semester is on the weekend before your major assignment is due. What are you going to do, go to the party and do an all-nighter for the assignment, or ditch it and be a social hermit? How do you deal with the delicate balance that exists between studying, work, and all that in between? Having worked as a Business Cadet since first year, I was contracted 20 hours of work a week. On top of that I had full time uni, representative volleyball, and involvements with student societies such as ASOC (Actuarial Society) and BSOC (Business Society). Contradictory to popular beliefs of actuarial students, I don’t sleep with my Maths book, wear thick glasses (contacts only) and panic talking to people. My social life does exist, even though I occasionally make it awkward for others by popping out a lame maths joke. How do I manage it all? I merely follow a few simple steps:

1) Prioritise Set your goals, determine what’s important, and prioritise your work based around it. I’m very career oriented, and have always put a lot of effort into my studies (yes my inner nerd is coming out). Sure, your marks aren’t everything, but good ones sure make it a lot easier to apply for internships and graduate positions. It’s hard to think about it when you’ve barely started university, but it’s never too early to start. First year is the best time to get those high marks; it opens you up to so many opportunities. I have many friends who’ve regretted not studying harder in first year.

Image: Pixomar / FreeDigitalPhotos.

2) The Trade-Off Game You can’t have everything in life. Period. It’s the same when you go to university. Something has got to give. As a cadet, I’ve missed so many social outings that I can’t keep track anymore. But in the end I’m earning money and gaining experience. You have to determine what you value more, and whether the trade-off is worth it (both in the short and long terms)

www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 18

INSIGHT

UNI

WORK

LIFE

3) Be Organised!

5) Take care of yourself

It is a cliché and everyone knows it, but not everyone does it (I surely don’t do it for my room!) Get a diary and write all your assessment dates and social events down so you know when to expect them. That way when a clash happens, you’ve got time to work around it. In my second year, the Australian University Games (AUG) at Gold Coast was on during the week where I had an assignment wdue. I handed it in early so that I could have the best possible time at AUG without having to worry about uni. So plan early!

While it’s exciting to lead the busy and hectic uni lifestyle, remember this – you don’t want to burn yourself out. Take the time out to chill, relax, and spend time with your loved ones. Your family and friends are important, so don’t ever neglect them! Many people don’t recognise the importance of personal health, so eat your vegies, exercise, and get enough sleep! Your body will thank you in the long run.

Image: Pixomar / FreeDigitalPhotos.

4) Motivate and push yourself

In the end, study hard, but party even harder. Enjoy yourself and get involved at uni before you have to work full time for the next 40 years of your life!

With non compulsory lectures and only 12 contact hours a week, life can seem bludgy. No more teachers, no more 20 hour weeks, no one to push you other than yourself. This is independent studying, especially when you can’t understand half of the words the lecturer’s saying. Find something that will motivate you, whether it is studying, work, or extra curriculars. For me: Study = Good Career Work = Money + Experience Volleyball = Smacking balls into people’s faces (Joking. I’m not that violent) ASOC and BSOC = For Facebook friend invite purposes because you meet TONS of new people. Photo by Johan Santoso

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INSIGHT If you think Cadets have no life, then you’re WRONG!

- by Cheryl Mew

This article exposes YOU to what a cadetship is, main structures of a cadetship, the pro’s and con’s of cadetships, as well as maintaining a balance between social needs, university and work.

$ $

WHAT’S A CADETSHIP? A cadetship is a placement available to students intending to study a commerce or business degree with a major in accounting or information systems. It involves working full time for one to two years, and then part time afterwards, until the completion of your degree. During the full-time working period, you will be attending university part-time, and hence your degree may be extended by half a year to a year.

$ $ $ $ $ $ $

MONEY…KA-CHING! EXPERIENCE which you won’t have at university Helps achieving TOP GRADES Meet other CADETS GUARANTEED JOB after graduation Adjusts you to the BUSINESS ENVIRONMENT Develops your SOFT SKILLS PRESTIGE FREEBIES!

$ $ $ $

Cadetship structures vary in terms of the number of days you attend work and uni as well as the times at which you undertake full or part-time work. The table below summarises most structures.

FT Uni – 12 hours a week PT Uni – 6 hours a week

Struct 1 Struct 2 Struct 3

Only allowed SINGLE DEGREE EXTENDS DEGREE by half to one year Sometimes you miss out on UNIVERSITY EVENTS during the day During holidays, you are also WORKING MOST OF THE TIME, when everyone else is going out

FT Work – 4 days a week PT Work – 2 days a week

Sem 1

Sem 2

Sem 1

Sem 2

Sem 1

Sem 2

Sem 1

Sem 2

FT Uni

PT Uni

FT Uni

No Work

FT Work

PT Work

FT Uni

PT Uni

FT Uni

PT Uni

FT Uni

PT Uni

FT Uni

PT Uni

No Work

FT Work

No Work

FT Work

No Work

FT Work

No Work

FT Work

FT Uni

PT Uni

FT Uni

No Work

FT Work

PT Work

Achieving Balance As a cadet at Deloitte Touche Tohmatsu, I had no problem achieving the balance between university, work, extracurricular and social life! Although time management skills are essential in arranging your days, this balance is mainly attributed to the flexible policies of Deloitte! Such advantages include: • FLEXIBILITY IN THE STRUCTURE of your program • FLEXIBILITY IN THE FULL TIME COMPONENT (instead of 4 days a week, do 3 full days and 2 half days)

• COUNSELLING MANAGER AND BUDDY PROGRAM for each employee to ensure you’re satisfied with your needs • 2 WEEKS OFFICE SHUTDOWN annually, with 31 December as Deloitte Day • If the 2 weeks isn’t enough, you are also free to take out MORE ANNUAL LEAVE! • Whilst many firms’ full time component involves working 5 days a week during holidays Deloitte only require you for 4 days a week, so you can use the 1 DAY TO GO OUT AND RELAX WITH YOUR FRIENDS

• Of course, in the end, it’s all about YOUR determination and commitment in maintaining this balance. I STRONGLY encourage participation in any university activities – WHILE YOU CAN! It is a once in a lifetime experience! For more information on cadetships and other programs – look out for BSOC updates in the upcoming year!

www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 20

PIMP

PeerIndustryMentoringProgram Workshops for students by students

More details at

www.unswbsoc.com

INSIGHT

Scott Farquhar | Co-Founder of Atlassian

The Change Agent

Did you know it was an Australian School of Business graduate who first floated the idea that people should be able to climb the Sydney Harbour Bridge? The Australian School of Business boasts many entrepreneurs, innovators and business leaders among its graduates. Pioneering companies such as Wizard home loans, Harris Farm, Roses Only, Nudie Juices and of course Sydney BridgeClimb are the brainchild of Australian School of Business alumni. These alumni are joined by ten other Australian School of Business educated entrepreneurs in new book, Savvy: Understanding the Entrepreneur. Co-founder of Atlassian, Scott Farquharâ&#x20AC;&#x2122;s enviable career began while studying at UNSW and what follows is an extract of his story.

INSIGHT Scott Farquhar cannot be accused of wasting his university days. He and his co-founder, Mike Cannon-Brookes, forged their partnership in enterprise software company Atlassian while studying a Bachelor of Science in Information Technology (BIT) at UNSW. What does Atlassian do? Farquhar explains: “[With companies] there’s an idea that you take a product or a concept to launch. So whether it’s an insurance product, a software product or you’re building a telephone because you’re in the telco industry – all industries build things from concept to launch – and at Atlassian we build software that helps assist that process.” The process could involve the initial brainstorming sessions then go all the way through to the project management

and tracking, to keeping account of the deliverables and when they are due, through to things such as code review. Atlassian’s software products are not tailor-made but they have been purchased by 40 000 organisations around the world. Around 260 employees helped generate US$60 million for the company in 2009. Not a bad effort for Farquhar, a guy not bred for business. “I come from, I guess, quite a working class background,” he says. “My Dad worked in an office his entire life and Mum worked in retail and other things apart from being a housewife, so I didn’t even know what the word [entrepreneur] really meant until probably after I started my business.”

him to big business courtesy of a component of the degree requiring 18 months’ work experience, which took him to IBM, PricewaterhouseCoopers and the Australian Stock Exchange. Atlassian now has offices in Sydney, San Francisco and Amsterdam, presided over by co-CEOs Farquhar and CannonBrookes. “We have a great time together,” Farquhar says. “I’ve said to other people before that I’ve got two great partnerships and the most important one is my wife and the other one that helps me out a lot in life is my partnership with Mike.”

That said, his university studies exposed

Scott’s story is an extract from the book Savvy 2: Understanding the Entrepreneur, published by the Australian School of Business and Switzer media. The book is available to purchase in the UNSW bookshop or on the Switzer Media’s website for $39.95 or $19.95 for Bizzness readers (enter the promotional code UNSW_Student_2010).

Have a piece of opinion? Want to be heard? Want to have your say? Email us at publications@unswbsoc.com

www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 23

INVOLVEMENT

TIPS from the HR Department by Carolyn Lim and Wendy Wang

ill I be getting HDs? How do I meet new people? Will I have friends to eat lunch with during breaks? Undoubtedly, these are some of the uncomfortable thoughts that worry us when first starting university. You may have only a few friends from high school who do the same course as you in uni (exception being Sydney Boys High). But let me tell you: once you survive a few weeks of uni you’ll start to have innumerable Facebook friend requests… especially after BSOC camp! If you were one of the lucky ones who were able to purchase a camp ticket to a Milson Island in time, GOOD FOR YOU! If you weren’t, don’t get your knickers in a knot since there are tonnes of other events that you can attend or even help out with.

So volunteering for BSOC, WHAT’S IN

IT FOR ME?

• IT’S FUN!!! • Volunteering equips you with valuable skills that employers look for e.g. experience in a marketing role demonstrates that you have presentation and public speaking skills • Becoming a volunteer gives you an inside look on how a society is run and really makes you feel part of the UNSW community. • When it comes to running for a director or executive position, past contributions puts you a big step ahead of other students who “ceebs” to get involved. • Being the largest constituent society on campus, you’ll get to establish social networks with people from across the years and with a variety of interests. Who knows, you might also pick up some hotties along the way!

If you’re interested in becoming involved within BSOC please come along to Business Society’s MEET & GREET event that will be held at the start of every semester (March 15, Sem 1) . You will be able to learn more about what BSOC does and be recruited as a volunteer for the portfolios that most interest you. It’s also a great opportunity to meet the BSOC directors, socialise with other awesome commerce students and to chillax If there are questions…anything at all that you’d like to ask or are unsure about regarding volunteer recruitment, please email us (Human Resources) at hr@unswbsoc. We will try our best to answer all your needs or pass them onto the appropriate portfolio.

START NOW!! MAKE YOUR MARK AT UNSW!!

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INVOLVEMENT

WHATâ&#x20AC;&#x2122;S ON

at UNSW Careers and Employment UNSW CAREERS AND EMPLOYMENT INFORMATION SESSIONS FOR SESSION 1, 2011 Full details and to register: http://careersonline.unsw.edu.au/BrowseEvents.chpx > Employer Events Details below are correct at the time of printing but may be subject to change. Employer Date Credit Suisse Tuesday 1/03/2011 The Boston Consulting Group Tuesday 1/03/2011 Bank of America Merrill Lynch Wednesday 2/03/2011 Bain & Company Wednesday 2/03/2011 McKinsey & Company Friday 4/03/2011 Oliver Wyman Pty Ltd Monday 7/03/2011 Port Jackson Partners Limited Tuesday 8/03/2011 Dept Foreign Affairs and Trade Tuesday 8/03/2011 A.T. Kearney Tuesday 8/03/2011 UBS Wednesday 9/03/2011 Capital IQ Wednesday 9/03/2011 Booz & Company (Aust) Pty Ltd Wednesday 9/03/2011 L.E.K. Consulting Thursday 10/03/2011 The Royal Bank of Scotland Thursday 10/03/2011 Goldman Sachs & Partners Services Australia MondayPty 14/03/2011 Ltd Citi Tuesday 15/03/2011 Orica Tuesday 15/03/2011 Morgan Stanley Tuesday 15/03/2011 Schlumberger Wednesday 16/03/2011 Westpac Institutional Bank Wednesday 16/03/2011 Dowling Consulting Wednesday 16/03/2011 Apple Retail Monday 21/03/2011 Optiver Tuesday 22/03/2011 J. P. Morgan Tuesday 22/03/2011 Deutsche Bank AG Thursday 24/03/2011 Macquarie Group Tuesday 29/03/2011

Time 12-2pm 5.30-7:30pm 12-2pm 5.30-7:30pm 12-2pm 5.30-7:30pm 12-2pm 3-4pm 5.30-7:30pm 1-2pm 3-4pm 5.30-7:30pm 12-2pm 5.30-7:30pm 12-2pm 12:30-2pm 3-4pm 5.30-7:30pm 12-2pm 3-4pm 5.30-7pm 5.30-7:30pm 12-2pm 5.30-7:30pm 12-2pm 1-2pm

Venue Tyree Room, The John Niland Scientia Building Tyree Room, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building Tyree Room, The John Niland Scientia Building Tyree Room, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building Tyree Room, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building Tyree Room, The John Niland Scientia Building The Galleries, The John Niland Scientia Building The Galleries, The John Niland Scientia Building www.unswbsoc.com | THE BIZZ ISSUE 1 2011 | 25

MATCH THE DIRECTORS A

Match the baby photo (letter) to the corresponding director (number) on a separate piece of paper

GOOD LUCK!

Hand in your sheet to the BSOC stall at O-week and if you guessed 15 or more correctly, youâ&#x20AC;&#x2122;ll get put into a draw for a free BSOC

T-Shirt !

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