From the new Netflix show, Unbreakable Kimmy Schmidt
Candy sounds like a great dinner during this stressful Finals Week!
I wanted to catch you up on the great events that have been happening this semester!
Even though the MBA Alumni Association is an organization for those who have graduated from the MBA program at Canisius, students are welcome to attend their events which are held throughout the year. From networking to presentations, the events are great for the professional development of the Canisius MBA community.
Flying Bison Brewery Logo
On Thursday, April 16th, the MBAA Association held a networking event and fundraiser for their MBA scholarship fund at Flying Bison Brewery. This event was great because we got to tour the brewery and see how Flying Bison craft beer is produced locally in Buffalo! With the recent economic growth of WNY, there has been a surge of local craft breweries. Being able to learn, first-hand, from the Brewery Owner’s son on how they make their beer was fascinating! I took a Biochemistry course during my year of post-baccalaureate studies (back when I thought I would be an OBGYN and go to a DO school to study medicine). For the laboratory portion of the course, we spent six weeks fermenting grape juice with various sugar and yeast concentrations to understand the fermentation process. Since beer is made with a very similar fermentation process, it was exciting to see the commercial applications of what was learned in Biochem lab!
This event was the second to last event for the school year for the MBA Alumni Association. Next week will be the Graduate Business Programs and MBAA Annual Mixer, which will include a silent auction and the Annual Awards presentation to several notable Canisius community members. If you’re looking to network more with the Canisius business community as a student (or prospective student or alumni) I would totally suggest you come to the Annual Mixer on Friday May 8th so make sure to get your tickets to the event!
Since I’ll keep this censored (so many funny videos involving alcohol that would be totally inaprorpo), here is a funny clip about candy!
Dolla Dolla Bill Y’all
Happy spring everyone!
I can’t believe it’s almost finals week!
Off to Hogwarts! (A tad older than the students though)
I have been very very busy this semester with taking way too many courses. So I apologize for being MIA on my blog posts.
For my one course, I got to spend my spring break in Europe! There is a course offered in the spring for MBA students called Doing Business in the EU which is taught by Dr. Coral Snodgrass.
This is an online course that involves discussion with classmates on the current European business events, as well as a term paper at the end of the course. For spring break, the class met and had seminar style learning in Paris, London, and Brussels! We toured London’s financial district and culturally historic sites, as well as met with a wide variety of companies in these lovely cities.
Lonodn’s Financial District
My favorite was when we went to Brussels for the day and had a tour of Vanparys chocolate factory in Brussels, while learning about how the evolving company is growing into global markets and the trade regulations they face. We also got to learn about the pharmaceutical industry at Sanofi S.A., the success of Euro Disney, multinational marketing with New Era’s London Office, as well as many other companies. In Paris, we partnered with a French graduate international business school to work on a simulation exercise of negotiating HR benefits between a hypothetical European company branch with a NY branch.
Selfie with the Eiffle Tower
Though, what really impacted me was learning more about the area of International Finance! We met with the VP of Societe Generale London, Yannick Lakoue-Derant. We also visited the European Union Committee of Regions in Brussels and did a simulation exercise of the Greece negotiations for financial funding with the ECB and Eurozone countries. Learning about international finance from banking and political standpoints really was of great interest to me.
As a result, my term paper is covering the forested EUR/USD currency exchange rates. It has been a crazy time for the Euro, as it hit parity with the USD right before we went to Europe. This was great for being a US citizen and traveling to Paris and Brussels where they use the Euro. My paper delves into the Quantitative Easing monetary policy that the European Central Bank has begun, the risks of the Greek economy, and how macroeconomic theories are interwoven with the financial modeling and forecasting of the currency exchange rates. This current event in the financial markets is important for the globally oriented manager. Especially if it is a Eurozone company profiting from exporting their goods and service to the United States! Hence, why international finance is so important in this day and age.
European Parliament in Brussels
All in all, this was an awesome class and totally worth the trip to Europe! The class counts as part of the International Business MBA concentration or if you are fulfilling the electives of your choice for a general MBA then this class counts as an elective. There was a bunch of One Year MBA students in the class as well! Or even as an MBA in Professional Accounting, the class counts toward the MBA elective. And some MS in Forensic Accounting students are able to take a few extra courses for their degree. This class could fit with potentially any of the offered business degrees, so you could totally fit in the class! I highly recommend this class and it is such a great learning experience!
All of the classmates off to Paris for the rest of the week on the Eurostar!
Je voudrais une croissant.
Doin’ It Right
Here is the second week of the second semester of the one year MBA program. The long winter break was much needed; the first few weeks were spent in hibernation and recovery. I think I am much more prepared for this semester — organizationally speaking. There is a closet/office in my apartment that I have transformed into a study complete with a full wall of cork board, floating dry erase boards, and shelving for each of the five classes I’m taking this semester. I expect this semester to be the meat to last years potatoes and with momentum and expectations in my favor I expect things to run smoothly!
Last semester was a slam dunk, with the exception of shortcomings with my blogging! I will make it up this semester for sure.
Some things that are on the agenda for me this semester: I need to find an internship for over the summer; this is indeed a case of the early bird getting the worm. I’m also seriously considering moving onto a graduate PhD program in accounting – I’m going to start to research more on that front and interview individuals in the trade to see what it might be like for me. In addition to interviewing, I also plan on looking into the American Journal of Accounting to see what the experts are researching these days. My cousin is a professor of economics at MIT and he said that accountants, especially accounting PhD’s, are in short supply and high demand these days – so, who knows, I’ll see if I like it!
You know the feeling!
10 Great Accounting Jokes
(Because stressful times of studying call for funny accounting jokes)
1. Why did the accountant cross the road?
–Because she looked in the files and did what they did last year.
2. An accountant is having a hard time sleeping and goes to see his doctor. “Doctor, I just can’t get to sleep at night,” he says. “Have you tried counting sheep?” inquires the doctor. “That’s the problem! I make a mistake and then spend three hours trying to find it.”
3. What do accountants suffer from that ordinary people don’t?
4. An accountant is reading nursery rhymes to her young child. When she is finished, she answers her son’s question: “No, son. When Little Bo Peep lost her sheep that wouldn’t be tax deductible “
5. What do you call a trial balance that doesn’t balance?
– A late night.
Ben Wyatt…again HaHa!!
6. Why are accountants always so calm, composed, and methodical?
– They have strong internal controls.
7. A young accountant spends a week at his new office with the retiring accountant he is replacing. Each morning, as the more experienced accountant begins the day, he opens his desk drawer, takes out a worn envelope, removes a yellowing sheet of paper, reads it, nods his head, looks around the room with renewed vigor, returns the envelope to the drawer, and then begins his day’s work. After he retires, the new accountant can hardly wait to read for himself the message contained in the envelope. Surely, he thinks to himself, it must contain the great secret to his mentor’s success, a wondrous treasure of inspiration and motivation. His fingers tremble anxiously as he removes the mysterious envelope from the drawer and reads the following message: “Debits in the column toward the file cabinet. Credits in the column toward the window.”
8. Four Laws of Accounting:
1. Trial balances don’t.
2. Bank reconciliations never do.
3. Working capital does not.
4. Return on investments never will.
9. How do you drive an accountant completely insane?
-Tie him to a chair, stand in front of him and fold a road map the wrong way.
10. Why do accountants make great lovers?
-They’re great with figures.
If you’re looking for more funny accounting jokes, check out where I found these at Business Insider or Crush the CPA!
Even breaking out a bad Chem joke! Woah!!!
PS: Here’s a funny, non-accounting video of Andy Dwyer Vs. The Dinosaurs: Jurassic Parks and Rec
As a disclaimer, this entry will jump around a lot because that is how my mind is at this busy time. Here we are, right on the brink of the semester’s end. Next week is final exam week for many and the One-Year MBA students are busy studying nonstop. This time of year strangely parallels the phrase “April showers bring May flowers”. April brought the One-Year students a bombardment of projects to accomplish. These assignments practically rained down upon us all at once. It was quite overwhelming but we adjusted to the workload accordingly. As April ended, studying for our finals began. Our heads planted firmly into our books. Face first in scholastic ground if you will. The showers April brought will allow us to grow, like a flower in May. When our exams are completed, we will levitate to a higher position in not only our program, but in our lives as well. Poetic undertones aside, it is a great relief that we will be getting a week and a half off very soon.
On an even more exciting note, I secured a summer internship for myself this week! It will take place from July to August, where I will be assisting the City Comptroller with projects ranging from variance analysis to auditing work. I am very excited about it! An internship is the last piece of the puzzle I need to have a full-proof resume. On a side note, I apologize for failing to blog last week when I promised that I would. It was a very busy week and I couldn’t get around to it. Alas, I made sure I didn’t let you down this week! For any prospective One-Year MBA students, administrators at Canisius have begun calling those interested in the program. I wish the best for you all. This will be my last entry until the summer semester. Until we meet again, have a great break!
Hello All! I hope your week has been going well. This week’s entry will delve into a project we are currently tasked with in our Strategic Management class. This class is unique because it is spread over two semesters. The course starts at the midpoint of the spring semester and continues until the end of the first summer session. It is a capstone course that requires the fulfillment of a project and many case studies. There are no exams! This week marked the due date of our first case study. The case study detailed the history of the video game industry. We had to write a paper explaining what we thought was the biggest issue currently facing the industry. It was a very interesting assignment.
In regards to the capstone project, the One-Year students were split into groups and each one picked a different company to work worth. The goal of the assignment is to help the chosen company with whatever business guidance they need. My group chose the Catholic Academy of West Buffalo. This is a highly diversified Catholic elementary school ranging from Pre-K to 8th grade. The school has been steadily increasing its academic standing amongst its peers. However, they need some marketing assistance to pull new students into their institution. We had our initial meeting with them on Thursday and are very excited to help them excel.
We are getting pretty close to the end of the semester. The wheels are in motion and every week feels like a triumph. Next week is cut short due to the holiday and we have a four day weekend! For those of you who will graduate after this semester, I wish you all the best. Keep up the hard work it’s almost over! Next week will be my last entry for the semester, but I’ll be back for the summer.