Over the next two weeks, there are some great career events that MSU business students can attend to talk to potential future employers!
The Career Resource Fair
When: 1/20-1/21 and 1/27-1/28 from 10:00 AM - 2:00PM
Where: 1st floor hallway of the Business College Complex
The Career Resource Fair is a one-stop shop for students to prepare for the Supply Chain Career Fair and the Diversity Career Fair!
Employers will be paired with Career Center staff to help service students in resume critiques, interviews, elevator speeches, career resourcing and more! The library will be helping to staff the Company Research/Career Resources table. Look for Emily Treptow to help you with your questions on company research.
The Supply Chain Career Fair
When: Thu, Jan 22 from 2:00 PM - 6:00 PM
Where: The Breslin Center.
Last year’s career fair consisted of 130 companies and brought in over 600 undergraduate and MBA students representing Michigan State and other universities. See the Supply Chain Management Association website for more information on student admission and a list of companies attending.
The Diversity Career Fair
When: Thu, Jan 29, 2015 from 2:00 PM - 6:00 PM
Where: Breslin Center
This career fair is MSU's largest of the spring semester and attracts well-known employers representing a variety of industries and full time, internship, and co-op opportunities for students. View the list of employers and additional student resources to prepare for the fair.
Contact the Career Events Office at (517) 884-1300 with questions.
Be Prepared: Use Library Resources!
As you prepare for the Career Gallery, remember that the Gast Business Library is here to help you with your research. We have many databases that will help give you the competitive edge over students that just research companies using Google. Below are a few of our guides to help you get started:
Questions? Contact Emily Treptow
The database PrivCo provides info on private companies, private market deals, venture capital funding and private investors. PrivCo recently released the PrivCo 100 rankings, which ranks the top 100 companies in the U.S. based on 2013 revenue.
Four companies headquartered in Michigan made the list:
17. Penske Corp: Bloomfield Hills, MI
26. Meijer: Grand Rapids, MI
41. Alticor, Inc.: Ada, MI
53. Gordon Food Service: Grand Rapids, MI
For more information on these companies or the rest included on the list, go to PrivCo.
For those of you who aren't familiar with the term, a phablet is a smartphone with a screen size from 5.5 inches to less than 7.0 inches. The iPhone 6 Plus is an example. According to the mobile analytics firm Flurry, phablet activation increased 225% year over year during the week of Christmas, taking share away from full-size tablets whose activations were down 35.3%.
For more on phablets, or to read the full article, "Phablets Performed Fabulously on Christmas," go to eMarketer.
Citation: eMarketer. (2015, January 5) Phablets Performed Fabulously on Christmas. Retrieved from eMarketer database.
It’s time for the end of the year, where we take a look at what we learned and figure out what to take with us to the next year. For me, that means taking a look at what I’ve learned about business in 2014 and what media has contributed to that. Here are some of the highlights from the television, radio, and computer.
This list is by no means comprehensive, but represents some of my favorite resources for learning more about the art and science of creating and operating businesses. Each of the following pieces of media was informally rated based on 1) my actually having read or watched it 2) me finding it useful for people who might want to learn more about business in general, and particularly actually creating a business 3) it’s entertainment value—could you get addicted to it and actually enjoy going back to it again and again? Because, like me, you’re probably not going to actually just read this stuff all day long, but do it in your free time instead.
Along with the usual sports and news programs, I have found a new spot in my television rotation: The Profit. Airing weekly (and many other times you turn on CNBC), the Profit follows Martin Lemonis as he goes to family businesses and encourages them to focus on People, Process, and Product. These businesses are often struggling to turn their revenues into profit, creating the opportunity for a turn-around. Distinguishing itself from some business-reality shows, Lemonis invests his own money in the businesses he’s coaching and spends as much time dealing with the people issues as he does the process and product (which often leads to gratuitous shots of crying). The show is also a constant lesson in negotiation, as Lemonis maneuvers to remove people he doesn’t trust, eliminate product lines that don’t sell, and alter owner/employee compensation. Bonus points for the nifty visuals on the financial nuts and bolts of the businesses. The show may soon suffer from overexposure, but it is an excellent look at how real businesses can shake things up to improve their bottom line.
I regularly listen to a range of finance/ economics podcasts, and I routinely get a ton out of both Planet Money and Marketplace. Excellent production, interesting topics, and snappiness of their presentation (20 minutes!). What could be a negative is that I have a hard time differentiating between them in my head—are these programs actually supposed to accomplish different things? Anyhow, these public radio mainstays are excellent casual listening. I always learn about industries and topics, from the Icelandic economic transition from fish to banking to aluminum, to the aftermarket for high-demand Nike shoes.
For a first-person narrative of the process of launching a venture-funded startup, try Startup. I also regularly listen to Freakonomics, but the topics there often veer from business-related content, and, like the book, the show-runners sometimes seem to fall in love with their own thinking to the detriment of their final conclusions.
Magazine / Website
To find out what technological and business advances I don’t know about but probably should, I love looking to the MIT Technology Review. The magazine, also available online, provides excellent deep dives into some of the most interesting and important topics in new and burgeoning fields. You want to know more about artificial intelligence? Biotech? Self-driving cars? MIT Technology Review brings authoritative, informative reporting to these complicated and fascinating subjects.
The MOOCs!: This year I participated in at least part of four different open online course offerings, not including regular meanderings through Youtube (Google for Entrepreneurs) and Slideshare (Sizing your Market).
For jumping into entrepreneurial thinking and process, this year I loved both Bill Aulet’s “Who is Your Customer?”(offered through edX) and Steve Blank’s “How to Build a Startup”(Udacity), based on the Business Model Canvas. The difference in styles is mainly the thing here, as the courses get at much of the same content: use direct person –to-person research to create an in-depth understanding of your market. Aulet uses conversations and short lectures featuring him and student-entrepreneurs to deliver content and provide examples. Blanks uses the hand-drawn technique similar to the Kauffman Foundation’s Kauffman Sketchbook series.
In both cases, the Mooc is not an expert level course for experienced entrepreneurs, but rather useful for those looking to start their first business. Each is an excellent dive into some of the most important concepts in entrepreneurship.
Written by Terence O'Neill
IBM recently announced a partnership with Twitter in which IBM will help companies make more strategic decisions based on Twitter data. This partnership aligns with their current goal of moving further into the analytics arena. The Twitter data will be added to IBM’s Watson technology, which is a cognitive technology that processes information like a human and is able to answer questions using natural language. The use of cognitive technology with data from Twitter is another large step in the area of data analytics.
The Eli Broad College of Business has made data analytics a priority for their students. During the past year, students have worked closely with IBM and the Watson technology giving them a competitive edge in the big data field.
By Breezy Silver
Eli Broad College of Business (http://broad.msu.edu/2014/01/22/broad-undergraduates-move-cognitive-computing-future-ibms-watson/)
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