Thursday, July 9, 2020
Tanner Stutz 2016 Best and Brightest
Tanner Stutz: 2016 Best and Brightest by: Jeff Schmitt on December 07, 2015 | 0 Comments Comments 521 Views December 7, 2015Tanner StutzBrigham Young University, Marriott School of ManagementHometown: Littleton, COHigh School: Chatfield Senior High SchoolMajor: FinanceFavorite Business Courses: Treasury Management, Investments, Financial DerivativesExtracurricular Activities, Community Work and Leadership Roles During College:BYU Finance Society Co-PresidentCertified Treasury Professional Associate (CTPA)Westberry Griffiths ScholarshipDeanââ¬â¢s ListBowling, basketball, ultimate Frisbee, and basketball intramural participantWhere have you interned during your college career?à Walmart (Bentonville, AR; Samââ¬â¢s Club Merchandise FPA intern)Ziplocal (Provo, UT; Credit Manager)Flexsim Healthcare (Orem, UT; Pricing Analyst intern)Scan Inc. (Provo, UT; Sales and Marketing Associate)Describe your dream job: I hope to occupy the role of a treasurer, being able to effectively ma nage the cash and investments of a corporation. I also hope to be involved in strategically deciding where to allocate resources based on potential growth and competitive advantages.What did you enjoy most about majoring in a business-related field? I enjoyed developing a quantitative skill set, along with associating with great classmates that are driven to succeed now and after graduation.Where would you like to work after graduation?à Walmart as an analyst in the Accounting and Finance Development Program (AFDP).What are your long-term professional goals? I hope to become an effective strategist and a motivating leader in a global business environment.ââ¬Å"I knew I wanted to major in business whenâ⬠¦I fainted while giving blood and thought, ââ¬Å"I guess I canââ¬â¢t study medicine, maybe I will enjoy business.â⬠à ââ¬Å"If I didnââ¬â¢t major in business, I would beâ⬠¦an engineer.à à What was the happiest moment of your life? The happiest moment of my life was when I married my sweet wife.Which academic or personal achievement are you most proud of? I am most proud of winning my high schoolââ¬â¢s male beauty competition, where I was crowned the first-ever ââ¬Å"Mr. Charger.â⬠What animal would you choose to represent your professional brand? I would choose the honey badger because I may not be the smartest or the biggest in the room, but I am scrappy and diligent in my efforts.Who would you most want to thank for your success? I would most want to thank my mother because she has taught me how to be kind and hard-working. She also has the unique ability to discern when someone needs a helping hand or a friend to talk to.Fun fact about yourself: I enjoy reading books in Spanish.Favorite book:à Increase in Learning by David BednarFavorite movie: Remember the TitansFavorite musical performer: The Piano GuysFavorite vacation spot: Anywhere in MexicoWhat are your hobbies? Tennis, basketball, racquetball, sports movies, and b usiness booksWhat made Tanner such an invaluable addition to the Class of 2016? ââ¬Å"Tanner has a nice mix of the requisite intellect and interpersonal skills a student and future person in business needsââ¬âhe has a very high ceiling. He is thoughtful and polished and very selfless. Tanner is also a good mediator and team builder which is important in todayââ¬â¢s environment.â⬠Colby Wright Finance undergraduate program director Brigham Young Universityà Page 1 of 11
Thursday, July 2, 2020
Linkedinââ¬â¢s Terrible, Horrible, No Good, Very Bad Rankings
Linkedinââ¬â¢s Terrible, Horrible, No Good, Very Bad Rankings by: Jeff Schmitt on October 10, 2014 | 0 Comments Comments 4,475 Views October 10, 2014à Just what the world needsâ⬠¦yet another business school ranking.On October 1st, Linkedin published its first ranking of undergraduate programs. Based on Career Outcomes, the ranking leveraged data from over 300 million Linkedin members to identify the schools that place members in the most desirable jobs at the most desirable companies.Not surprisingly, top business programs like the University of Pennsylvania and the University of Notre Dame scored high across the board. But youââ¬â¢ll also find plenty of discrepancies. For example, why is Villanova the #1 school for accounting when it doesnââ¬â¢t even rank among U.S. Newsââ¬â¢ top 30 schools in the field? Why is Harvard ranked in the top 10 for finance, investment banking, and marketing when it doesnââ¬â¢t even field an undergraduate business program? And ho w did the University of Phoenix ââ¬â of all schools ââ¬â rank #11 in marketing?THE PROBLEMS START WITH THE METHODOLOGYThose are among the questions that undermine a promising initiative from Linkedin. Their methodology is clever enough. And it starts with a logical three-step process. First, Linkedin identifies the ââ¬Å"most desirableâ⬠companies in particular fields. In this case, Linkedin examined eight fields: accounting, finance, investment banking, marketing, design, media, software development, and startup software development. An employerââ¬â¢s desirability is based on two factors: The ability to attract and retain talent.Here is Linkedinââ¬â¢s illustration of this approach: ââ¬Å"Imagineà there are two companies, A and B. If more finance professionals are choosing to leave company A to work at company B, the data indicates that getting a finance job at B is more desirable. This is based on the hypothesis that when a professional moves from one company toà another,à she gives the company she moves to a strong vote of confidence.â⬠From there, Linkedin identifies professionals on its network who work in that field. And Linkedin is careful only to include graduates ââ¬â Bachelorââ¬â¢s degree holders, actually ââ¬â who earned degrees within the past eight years to ensure past performance donââ¬â¢t weigh too heavily on the rankings.Finally, Linkedin calculates the percentage of school graduates who work in these so-called ââ¬Å"desirable jobs.â⬠These percentages are the basis of the rankings.METHODOLOGY UNDERVALUES GRADUATE SCHOOLFollow so far? On its face, Linkedinââ¬â¢s process makes perfect sense. Poets Quants has even relied on Linkedin profiles to better quantify which investment banks hire from which MBA programs. And thatââ¬â¢s the first fatal flaw of Linkedinââ¬â¢s rankings. While they focus on undergraduate degrees, they donââ¬â¢t cross-reference that data against graduate degrees.He reââ¬â¢s why this is important. Letââ¬â¢s say Student A collected an undergraduate degree at the University of Maryland, a prestigious program in its own right. Six years later, she earns an MBA from Harvard Business School. Afterwards, Student A lands a job at Goldman Sachs and quickly rises to senior analyst. Hereââ¬â¢s the question: Which school is more responsible for this success: The undergraduate or graduate program? In Linkedinââ¬â¢s methodology, the University of Maryland would reap the reward ââ¬â and rightfully so, to an extent. But would Student A have landed that ââ¬Å"desirableâ⬠job if she wasnââ¬â¢t armed with a Harvard MBA? Thatââ¬â¢s a scenario that these rankings blithely ignore.And thereââ¬â¢s a big discrepancy between the undergraduate and graduate ranks. Letââ¬â¢s return to the investment banking example. At the MBA level, schools like Wharton, NYU, and Columbia dominate hiring at institutions like Morgan Stanley, J.P. Morgan, and Credit Suisse. At the undergrad level, Georgetown tops the list in this niche, with Yale, Duke, and Princeton ranking third, fourth, and sixth respectively (Wharton and Columbia rank second and fourth respectively). Thatââ¬â¢s a big diffence.While Linkedinââ¬â¢s rudimentary methodology measures turnover and retention in gauging employer desirability, it doesnââ¬â¢t weigh other tangibles like salaries and capitalization or intangibles like prestige. For example, a company like Goldman Sachs may be penalized for higher turnover when, in fact, some employees use the brand name and experience to springboard into other companies at higher levels. The ranking also doesnââ¬â¢t add points for specific positions. For example, is being an associate just as desirable as being an analyst in those first eight years that Linkedin measures?Maybe Linkedin does factor in these variables, but its bare bones explanation of its methodology sure doesnââ¬â¢t include it. Whatââ¬â¢s m ore, Linkedin doesnââ¬â¢t share the underlying data so readers to make up their own minds. Page 1 of 612345...à »Last à »
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