Fresh Air, Fresh Ideas
Since spring is around the corner, I thought it would be best to discuss new ideas – particularly those in entrepreneurship and innovation. Traditionally, innovation was seen to be solely within the reach of large-scale firms who had the power, resources and means to pursue new advances in technology. Firms such as Apple, Google, and Amazon can be viewed as such giants, leading in their field, constantly innovating to beat their competition. On the other hand, there are also quite a few large cash cows in the market which look relatively stagnant in terms of growth. So what does this mean for the future of innovation? Luckily, the conventional belief that only large firms have the capacity to innovate no longer stands. A study by Acs and Audretsch found that “R&D increases more than proportionately along with firm size for the smaller firms, but that a fairly linear relationship exists for larger firms” (2005). Simply put, growth is attributed to the fortitude of smaller firms and ambitious entrepreneurs who put in more effort to beat the commercial streams.
Continue reading “The First 365: Fresh Air, Fresh Ideas”
Heads Up, Gear Up
Can you believe it’s February already? As my eighth grade English teacher used to say, Chop, chop! Time to move. We need to beat those winter blues away and run deep into our objectives. With midterm season approaching and jobs opening up, the start of the year is one of the most crucial times to set oneself up for success. For those in their final year of university, I am sure you are already in the process of securing jobs – if you haven’t already done so – and looking for employment post-graduation. For others, this may also be an important time to consider your immediate goals (i.e. span of 3-5 months) to ponder about which steps you should take next. Clearly, talking about studying for midterms, attending seminars and networking sounds a bit too redundant. We all know that. What I would like to discuss is self-empowerment and recalibration.
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Different Programs, Different Career Paths
-Get Ready for TRY IT WEEK
Have you thought about which career paths you will take? Do you understand the differences between Accounting, Finance, Marketing, Management and Human Resource? Which type of life style and work environment would you like? This article briefly outlines the primary differences for each stream, and their typical future job positions.
Potential Accounting Positions:
- Public Accountants
- Auditors, Tax Accountant, Consultant, Advisor
- Government Accountants
- Internal Auditors
- Management Accountants
Continue reading “Try-It Week for First-Year Students”
Happy New Year!
With the start of 2018 and a fresh outlook on a new semester, let’s change things up a bit and talk about exploration. As important as it is to focus up on upcoming courses and market opportunities, it is equally important to take new risks and challenges to go out and explore what’s out there. That is, doing something besides just studying or working. Gauging your interests, hobbies and creativity into your lives and intertwining it into a routine will not only act as a temporary relief for your brain but will also allow you to recharge and re-focus on your activities.
Continue reading “The First 365: A Toast to New Endeavours!”
We hope you had a great fall semester in 2017. Best wishes for 2018 from all of us at the Department of Management! We look forward to the winter 2018 term.
The TFSA (Toronto Financial Services Alliance) claims that “Toronto placed fifth among the world’s top fintech centres” (Paez 2017)
For those unfamiliar with the term, Fintech is the new age combination of two fields – Finance and Technology – to create sustainable products in the finance sector. One popular example is of Bitcoin, whose market value five years ago was $0.30 per piece, rising to $700 last year, and is currently at approx. $11,000 apiece today. What is it about such products that is causing a ruckus? Is it a bubble, a fad, or a step towards the future? Since we live in a major financial hub of the world, I would like to use this opportunity to discuss the nature of Toronto’s financial landscape as you will inevitably have a role to play in the future. The prevalence of Fintech companies in Toronto have only recently emerged within the last five years and branch across various divisions of the financial landscape – real estate, aviation, consumer services and energy being the main sectors.
Continue reading “The First 365: December – Financial Landscape of Toronto”
In my first-year, I found it slightly difficult to make friends in lecture halls filled with 500 students. I was lucky enough that I could live on residence, with 3 other friendly girls who became close friends. In most cases, it seemed as if other first-years already had their set group or clique of friends. At the same time, the friends you make during the university years truly can stay with you for a lifetime. You will take similar courses and undergo similar experiences of growth and development. So, what are some things to keep in mind when making friends, and how can you meet new friends?
Continue reading “Making Friends: Reflections From a BBA Grad”
6 Resources Help Make Your First-Year Easier
Are you in first-year Commerce / Management? Do you have many questions about the courses and programs? We want to share some important resources with you through this blog and hear from you.
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The Student Management Association and the Undergraduate Commerce Society, are proud to announce the 9th annual Business Banquet!
Come out to the LARGEST networking event that UTM has to offer!
Build on your knowledge and experience by networking with over 60 industry representatives from all specialties of commerce and management. From finance, accounting, marketing, to management and more! Listen to an excellent keynote speech while enjoying a freshly prepared full course meal. Business banquet has it all!
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What is the first thing that comes to mind when someone says the words, new grad? Education, experience, motivation, professionalism, networking: these are all of the things that come to my mind. There is no one well-defined way of going about the transition from student to new grad. Each person encounters their own set of challenges and opportunities, however, there certainly is a ubiquitous, agreed-upon list of things you could do to make this transition easier and advantageous. As a new graduate, it is often understood that we may not have perfect – or even close to perfect – knowledge of the world around us. Of course, after completing the four cumbersome years of university, we are keen on standing our ground, with pride on our faces and claim. “I know exactly what you’re talking about, and I can totally do this… if I get more exposure to it.” But I have found that it is even more important to break through that mindset and continue seeing yourself as a student of the world. That is, continue being flexible and open to ideas, and be willing to learn. After much discussion with other successful new grads, below are my top five tips of making the most out of your “new grad” status (this can apply to current students as well).
Continue reading “The First 365: November – Top 5 List of Making the Most Out of Your ‘New Grad’ Status”