MFin Orientation 2012

Master of Finance Co-op Orientation

•  Largest business co-op degree program in Canada •  More than 1,200 work terms annually •  Undergraduate programs in Arts, Business, Economics

and Science •  Three separate graduate programs within SBE •  Leading organizations post more than 3,000 jobs

annually •  Equates to more than 45,000 job applications

processed annually

A FEW FACTS…

DEPARTMENT OF CO-OPERATIVE EDUCATION

Master of Finance Work/Study Sequence

Fall Term Recruiting starts in early September –

two weeks into classes

Winter

Work Term 1

Spring Term

Recruiting starts first week in May

Fall

Work Term 2 (Grad recruiting starts)

Winter

Study Term

BIG PICTURE…

MABE Work/Study Sequence

Fall Term Study 1

Winter Term

Study 2

Spring

Work term (4 or 8 month work

term)

Fall

Work Term (Grad recruiting

starts.)

Winter Study 3

This Week

September & October

Resume review

Write a cover letter

Interview skills

Practice with Employers Sept. 14

Apply to jobs on Navigator Sept. 21

On-campus Interviews

Oct. 12 to 20

Toronto Interviews Oct. 7 & Oct. 11

Rank/Match Oct. 26

YOUR DEVELOPMENT AND THE “PRIMARY” RECRUITING

PROCESS

9%

43%

77%

100%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Pre-match Match (Oct. 27) Early Dec. First wk Jan.

THE “CONTINUOUS” PROCESS

EMPLOYMENT BY INDUSTRY

January-April May-August September-DecemberEconomic Research !"% #$% !"%Finance - Securities/Investments %% & !"%Human Resources & Administration '% & &Information Technology (% & &Insurance (Non Sales) & %% #%Management Accounting !!% #)% #"%Marketing/Sales "$% #)% '(%Operations/Supply Chain %% %% !*%

Bank of America Merrill Lynch, Business Management Co-op Barrick Gold, Treasury Analyst

Birch Hill Equity Partners, Analyst BMO Capital Markets, Investment Banking Analyst

CIBC World Markets, Fixed Income Analyst / Securities Lending Analyst CPP Investment Board, Portfolio Analyst

Deutsche Bank Securities, Trading Assistant Fidelity Investments, Treasury Analyst

Gluskin Sheff + Associates, Equity Research Associate / Fixed Income Goldman Sachs, Investment Banking Analyst Imperial Capital Group, Private Equity Analyst

JC Clark, Equity Research Analyst

FUNCTIONAL CHOICES

Manulife Financial, Risk Analyst, Asset Liability Management ONCAP, Private Capital Analyst

Ontario Teachers’ Pension Plan - Fixed Income, Infrastructure, Private Capital Paradigm Capital, Corporate Finance

Raymond James, Real Estate Equity Capital Markets RBC Capital Markets – Risk Mgnt, Investment Banking, Sales & Trading Scotia Capital Markets – Equity Research, Investment Banking, Trading

Sentry Select Capital – Research Analyst TD Securities – Commercial, Trading, Investment Banking

UBS Securities – Equity Research, Sales & Trading (Equities) Waratah Advisors – Investment Analyst

FUNCTIONAL CHOICES

Function High Average

Accounting - Management $850 $774 Business Development $1,058 $929 Consulting - Management $641 $641 Economic Research $727 $727 Finance - Banking $1,153 $954 Marketing $933 $759 Strategic Planning $800 $764 Supply Chain Operations $1,101 $883

Overall $1,153 $806

GRADUATE WEEKLY SALARY WORK TERM 1

Week of Aug. 15 Orientation starts on Aug. 16 Week of Aug. 22 Schedule individual meeting with Laurie.

Research due - 1) functional areas of interest to you, 2) three companies, and 3) three position titles

Week of Aug. 29 Resume & cover letter due Aug. 31 Week of Sept. 5 “Mock” job postings on navigator Week of Sept. 12 “Mock” interview with an employer on Sept. 14 Week of Sept. 19 Job postings begin on Sept. 21 Week of Oct. 3 Toronto interviews on Oct. 7 Week of Oct. 10 Toronto interviews continue on Oct. 11; on-campus

interviews Oct. 12 to 20 Week of Oct. 17 On-campus interviews continue to Oct. 20; rankings available on Oct. 21 Week of Oct. 24 Student rankings due Oct. 24; results on Oct. 26

FALL CO-OP SCHEDULE

•  Analytical, logical & mathematical – accounting and finance knowledge, able to synthesize large amounts of information, attention to detail

•  Financial valuation, modelling •  Knowledge of global economy, markets, industry trends •  Drive for results. Are you a goal setter? •  Excellent communication skills – written and oral •  Team-player, strong work ethic – how hard have you

worked in the past? •  Record of achievement – your undergraduate grades •  Well-roundedness (community & extracurricular) – “the

fit” •  Do you have “safe hands”? Can you handle

responsibility or will you drop the ball? •  A PASSION for the business

SKILLS TO EMPHASIZE

Fees   Assessed to recover a portion of the overall costs   University does not receive funding to offer co-op   Fee is amortized over two years   Not a “placement fee”

Your participation   Communication – Laurier e-mail, monitoring navigator   Applying to postings, attending interviews   Work terms – visit, work term report, evaluation of

performance   Record of marks   Academic standing   Confidentiality

ADMISSION CONTRACT

•  Vault.com – industry and company guides (available through the Laurier Library)

•  Wetfeet.com – Similar to Vault. •  WallStreetOasis.com - Job board, interview guides, forums •  Ibankingfaq.com – Interview and job search coaching •  Job Juice – Interview practice •  Globe Investor, Yahoo! Finance, Financial Post •  Motley Fool. An Introduction to the World of Finance •  Cavendar Park. Focuses on interview prep. CD’s available to

borrow from Laurie •  Canadian Securities Institute (https://www.csi.ca) Many

students enroll while doing undergraduate degree. •  CFA Institute and Toronto CFA Society

RESOURCES