Case Studies and Group Work

Wednesday, January 18, 2012 by Dave Wohlreich
I expected to use the skills I've acquired through four years of study in a new job. I hadn't expected these very skills to be so critical in the application process.

Three months ago, I applied for a job with Robert Bosch, LLC, the U.S. subsidiary of the German manufacturing giant. I first discovered the job on the Kelley Careers website, an incredible resource of job, internship, and interview postings open to all Kelley students. The job, very nearly my dream job, is a 24-month rotational finance development program called the Professional Development Program. Through four six-month rotations, the position allows the trainee to experience different functional roles in finance (cost accounting, product forecasting, internal auditing, etc.) while working in different regions and with different teams. I saw the job as an amazing opportunity to gain exposure to different functional roles before finding the optimal fit as well as a chance to see more of the country. With the resume and cover letter I'd created with help from the Career Placement office, I applied for the position. Like applying to a "reach" school, I had hope but little confidence.

A few weeks later, I was contacted by Bosch to set up an initial telephone interview. In addition to standard background questions, the interview was primarily behavioral-based. For those unfamiliar with the concept, behavioral-based interviewing seeks to understand the applicant by asking for examples from work and school of specific events and qualities. I had thought Kelley's insistence on practicing and role-playing answers to behavioral-based questions to be a tad excessive. I'm very glad that I was wrong. I answered maybe a half-dozen questions constructed as: "Tell me about a time that you did [something]" or "Tell me about a time you demonstrated [a quality]." The time spent in class practicing answers to questions very similar to this was immeasurably valuable.  

A few days later, I was invited to complete the next phase of the interview process: a finance case study. This is truly where I appreciated my education at Kelley Indianapolis. In I-Core, the integrative core classes when students take Finance, Operations, and Marketing together, I completed what seemed, at the time, to be an endless series of financial case studies. I lived and breathed in Excel for months, and I resented it. Now, serving as the gatekeeper to my dream job, I found myself staring down a case very similar to those my team and I had completed in the introductory financial management class. Scenario testing and cash flow analysis, concepts I had never even heard of prior to college, were the basis of my deliverable. So much of what we do in higher-level courses at Kelley is case-based. Not only does it allow us to learn from the real world, the skills we gain are incredibly applicable.

I met with my financial management professor and shared what I'd prepared. He made suggestions and provided the kind of mentorship and faculty insights that I've come to value from my Kelley instructors. Then, I submitted the case and waited.

A few weeks later, I received word that I'd made it to the final round. Bosch would be flying me out to Farmington Hills, Michigan to interview and present my case. The PowerPoint presentation skills I'd developed in many of my Kelley classes would be a major factor in whether I was able to attain the job I so dearly wanted.

The flexibility of my professors was invaluable in making preparations to fly to Michigan. Falling as it did the week before exams, the interview conflicted with a number of assignments and presentations in my courses. With enough notice and flexibility, however, all of my instructors were willing to work with me to ensure that I could both complete my assignments and make it to Michigan. Without their support, I would never have been able to get the job.

My time in Farmington Hills is nearly a blur. I was impressed by the quality of the other applicants, both undergraduates and MBA candidates, but working with the bright and talented students at Kelley had prepared me and I did not feel overly intimidated. A series of interviews preceded the presentation of my case study. I believe it was my case study presentation which truly set me apart. Rather than focusing strictly on academic concerns, finance education at Kelley mixes theory and practical application. My ability to focus on pragmatic concerns was appealing to the working professionals evaluating my work.

The final aspect of the interview process was a smaller case study, but built as a group assignment. Two other candidates and I had twenty-five minutes to read and present a mini-case.  Five or six company representatives, in HR, finance, and other disciplines, watched and evaluated both how we worked together and what we ultimately presented. I've heard students complain that too many classes at Kelley Indianapolis involve group work. As I sat down with two strangers to read and present the finance case, I silently thanked every single one of my past group members for the experiences I'd had.

I returned to Indianapolis excited and hopeful, but set thoughts of Bosch aside as I entered final exams. A week later, I received the call. I'd gotten the job.

It's so easy to take for granted everything we learn through our years at Kelley Indianapolis. Attending one of the top 10 business schools is a privilege, but it's more than a sense of honor and accomplishment. The education I've received at Kelly has prepared me in ways I never realized for what I hope and expect to be a bright and exciting future.

Go Abroad

Monday, November 7, 2011 by Eric Raider
I enjoy helping students to find ways to study abroad to meet their international studies programs requirement.  I thoroughly enjoy meeting with students who were admitted into a program and then help them navigate the confusing documentation process.  What are the “barriers” to studying abroad?

That is a good question…

Myth 1:  “Studying abroad costs more money.”
  • Truth:  Students who participate in Kelley programs register through Bloomington and pay Bloomington rates.   If you register for 16 credits for the London Internship program, you pay the Bloomington rate for 16 credits ($5,000).  16 credits at IUPUI $4,300.  ALSO you can get business scholarships to study!!
    • Some programs do require additional fees
Myth 2:  “Studying abroad will set back my graduation.”
  • Truth:  Some Kelley abroad programs offer courses that count towards the human resources management degree, the supply chain management degree, international studies degree, the accounting degree, the marketing degree, and the finance degree.  This does not include any general education classes offered at each program.  THERE IS NO REASON FOR YOU TO NOT CONSIDER STUDYING ABROAD.
Myth 3:  “I don’t have a world language.”
  • Truth:  Do you need a language to study in London?  No.  Do you need a language to study in Australia?  No.  China?  Yes.  Hong Kong?  Maybe not.  If you are going to Spain and completing an internship, should you know some Spanish?  Yes.  Not all programs require a world language.
Search programs (iabroad.iu.edu) you would like and meet with an advisor.  What could it hurt?  If you cannot meet with an advisor, why not meet one online on November 17th from 5:00-7:00pm.  Just log into http://breeze.iu.edu/ksbiabroad.  I look forward to virtually meeting you!  

Fine China.. The Study Abroad Experience of a Lifetime! Part 1.

Tuesday, August 23, 2011 by Kendra Walker
Hello Everyone!

Before I start off this blog, I would like to give you a quick update on my background. My name is Kendra Walker from the small town of Milan, Indiana. I am a recent graduate of the Kelley School of Business at Indianapolis with a major in Finance, Supply Chain Management, and International Business. I have previously studied abroad in London, UK where I did an internship for a small consulting firm. I've visited Germany, Denmark, England, Wales, Turkey, Italy, Ireland, France, Luxembourg, Netherlands, Czech Republic, Switzerland, Romania, Mexico, Grand Caymans, Belize, Honduras, and China. 

China, my most recent trip, is what I plan to dedicate the next few blog entries. 

It all started when I came across an ad in JagNews for free tuition to Sun Yat-sen University ("Zhongshan Daxue" in Mandarin) in Guangzhou, China. This was due to a new partnership our schools had formed. I knew that I would be graduating in May and was currently hoping to find a full-time career for my exit, but this became the perfect last minute resume building opportunity for me. I thought to myself, "What a great way to not only see the world, but build my resume by gaining valuable language skills as well as witnessing firsthand the economy that the US businesses are dealing with increasingly- particularly Supply Chain Management-wise and Financially." After being informed my application was chosen for this opportunity, going through all the paperwork, and walking through graduation in May, I was ready to take off on my adventure. 

The program took place from July 1st- July 26th. I chose to fly from Cincinnati to Chicago and then from Chicago to Hong Kong, a 15.5 hour flight. From there, I stayed the night in Hong Kong, then traveled by train to Shenzhen (city at the Chinese border), and from there, to Guangzhou (where Sun Yat-sen is located). 

sun yat-sen sign 
After all this traveling, I finally reached Sun Yat-sen University. For the next couple weeks, I had classes Monday-Friday. In the mornings from 9-12:30, I took Mandarin language classes. In the afternoon from 3-5pm, I took classes that varied daily on Chinese culture, economics, and government. The program also treated us to several dinners, a trip to the Toyota manufacturing plant, a boat ride along the Pearl River, and a trip to two beautiful gardens. 

some children that my German friend and I met while climbing a mountain in Xaoqing

On the weekends, I traveled with a German friend to several surrounding rural areas and smaller cities. I took 1 weekend to visit some friends I had made in Hong Kong. I also used some of my free time to climb several mountains and explore Guangzhou. I will tell in more detail about these trips in later posts. 

Overall, the trip was a huge success and I would definitely recommend it to any student. I learned quite a bit of Mandarin and feel much more confident travel ling in China. The experience has spurred my love for the Asian culture and I plan to pursue more opportunities to go back. 


"Sabbatical" and Why I Returned...

Wednesday, March 9, 2011 by Eric Raider

It has been some time since my last post, it was back in 2009.  I decided to start blogging because I to share my experiences from a student perspective.  I am in my second year as a doctoral student in IU's higher education and student affairs (HESA) program.  This summer, HESA is offering a study abroad opportunity for doctoral students to study in Thailand for the duration of summer I.  I did not study abroad in undergrad and REGRETTED it after I graduated.  I never realized how important an international experience would have impacted me developmentally and professionally.  I ALWAYS lobby for all students to have ONE international experience.  Students and parents ask if I have studied abroad and I tell them no.  I will FINALLY be able to prove the value of going aboard and share personal experiences.  The class/trip does not begin until May, but I will share my experiences from now until I return on June 24th....

The Realm of Terror?

Friday, July 2, 2010 by Daniela Klaz

I haven't heard great things about I-Core.  I've heard it is hard and time consuming... and that people work their rear ends off and still get low grades.  I wonder what it will be like for me.  Any comments or suggestions?

I'd like to take a moment and explain the classes that I took this summer: Y350 and D301.  Y350, Politics of the European Union, was a political science course aimed at teaching students about politics and trade policy in the EU, and what the impact of the single market was and what it could be in the future.  D301, International Business, was a short introduction on the fundamentals of international business. 

I enjoyed Y350 immensely, but D301 was not organized well, and, therefore, hard to follow and study for.  The topic itself is broad and cannot be covered in a semester or two, let alone several weeks.  The instructor tried his best to present the key points quickly, but he often strayed from the 13 chapter book.  I felt the class was organized poorly.  The material was very broad and flowed in many directions, most of which could not be covered in the short time frame, and the inclusion of the France trip left many people confused about readings, quizzes, and information. 

I feel that although fun, the trip was not designed correctly.  The actually overseas portion was smack dab in the middle of the classes, and we had tests and projects due less than a week after we returned.  Some of the students stayed later, as permitted, and returned only to be swamped with work due within a 24 hour deadline.  This type of cramming is not effective, and I felt there was too little time to learn too much information, let alone finish papers, projects, and research reports. 

If you have any thoughts on study abroad programs, please comment!  I am not sure what I learned from the trip itself, although I can say that I am slightly turned off from the design of the program. 

My Advice: Study Abroad

Monday, June 21, 2010 by John Bradford

As I turned on the TV this morning to check out the morning World Cup games, I accidently turned the channel and it landed on Wimbledon, the tennis tournament. I immediately became very sad and began to think of all the memories I had last summer in London. After 5 minutes of reminiscing of my favorite times in the UK, I began texting my friends that I had met overseas and laughing about all the times we had.

The best time of my college career was my experience abroad. It is life changing. And everyone says it and to those who have not experienced it are probably saying "Yeah Sure" but it truly is. If you do have the opportunity to study/intern abroad DO IT. There are so many programs at IUPUI that will take you to anywhere in the world and provide an opportunity to obtain some credits while living in another country. If you dont want to be away from home for a long time, there are shorter programs. But the experience is unlike any other.

I recognize not everyone will have the chance to do this in their College Career, but those who do, PLEASE take advantage of it!

John

Studying Abroad

Tuesday, February 16, 2010 by John Bradford

Hey Everyone,

I dont know if anyone is interested but I wanted to throw out some information on studying or interning abroad. IUPUI has a great study abroad program with a ton of opportunities to go to all sorts of places and either study in that country or do an internship. Additionally, IUPUI gives you a ton of choices as to what time of the year you would like to study abroad and how long you would like to be in another country (a semester, the summer, the entire year, etc.). The trips can get very pricey but there are so many scholarships available to students looking to study/intern abroad. Here is IUPUI's abroad website: http://abroad.iupui.edu/.

When I was looking for internship abroad opportunities, IUPUI did not offer an accounting internship so I had to look elsewhere. If, for any reason, IUPUI does not offer what you are looking for, there are sooooo many other programs you can utilize. All I did was go to google and do a little search and I eventually found a program. The only problem with going through another company or school is the credits do not always transfer. In which case, you can speak with professors in your department to see if you can do an independent study.

All the same, studying abroad is an excellent opportunity, one that I strongly suggest you utilize if given the opportunity. You push yourself outside your comfort zone and learn about another culture and yourself (this last sentence could be in a novel). Please let me know if you have any questions!

John

Levitt to be near Indianapolis

Wednesday, October 14, 2009 by David Egger

http://depauw.edu/news/?id=24049

You might have heard of this little book called Freakonomics.  Maybe it got you to look at the study of economics in a new way, or at least surprised you a bit.  But at the end, you were probably shaking your head in agreement because it just made so much sense, how had we not seen it before?  A sequel is coming, and co-author Steven Levitt will be at DePauw University to speak, promote the book and sign copies on November 30. 

I'm pumped.  I was an economics minor at DePauw, so a lot of the economics classes as part of the Kelley program were a great deep refresher.  Even though they were partially review, we still went deeper in some areas that we hadn't at DePauw, especially in terms of analyzing international economics and how GDP, productivity import/export and other factors can almost serve as predictors for a country's worldwide performance over the next 20 years or so.   Wouldn't you like to know that kind of thing if your company planned to put an office in a new international market? 

Economics is a vital foundation for any business education, but that foundation spreads like tentacles across every discipline in business.  I'm amazed at how much the econ classes come back to mind as I sit in Marketing and Operations Management classes this semester.  

So do yourself a favor, go extracurricular with your economics education and attend this event - it's free!  Plus, visit the famous Marvin's restaurant while you're there for a garlic cheeseburger and cheese fries.  It will change your life.  

FRANCE HERE WE COME!!!!!!!!!

Monday, May 25, 2009 by David Egger
FRANCE HERE WE COME!!!!!!!!!

I have not had time lately to write and stay updated with my blogs. I was busy with finals and wrapping up my Residential Assistant duties with the housing department here on campus. But now is the time you will here from me almost everybody while in France! Finals are over and the summer has begun. Most college students spend their summer working, visiting family, going on vacations, relaxing, or taking a few summer classes. Eleven of us here at the Kelley School spent a whole two days for our summer break. We finished the semester on a Friday or Saturday and began our first summer class on a Wednesday. The eleven of us are participating in the first ever Kelley School of Business - Indianapolis Study Abroad trip to Strasbourg, France. The structure of the program is what appealed me to the program. We spend a week and a half in school, one week in France, and then return for a week of classes and a project!  In these short four weeks we will receive 6 credit hours, a trip to Strasbourg, France (and a day in Paris), and the rest of the summer to do as we please.

Was I in for a wake up call during the first week of class. Class is from 9am to 4pm with an hour lunch for approximately seven days. The two classes we are taking is International Business D-301 and Politics in the European Union Y-350   I had the feeling I was in high school again, sitting in a class that long. It felt like the work load was on steroids. Imagine six hours worth of college material everyday. You have readings for both classes, quizzes to study for, articles to read, news to catch up on in Europe, essays that are due on top of your personal life, if you had one during this time. I had a few out of class personal items that were on my agenda. My sister graduated from high school as the Salutatorian and there was no way I was going to miss her graduation. Congrats sis!  My girlfriend was called to the ER because of an allergic reaction, she is ok now but I had to attend to that and make sure she was ok. All of this was a shock and a bit overwhelming at times. But, all of us continued to worked hard and plug through the work. Now as we prepare to leave to France today looking back it is amazing how much we have learned in this short amount of time. The professors have been truly amazing. Just to think in 6 or 7 days I can tell you all about how the European Union grew from 6 member states to 27 members states, I can tell you the criteria to join the Euro Area and begin to use the Euro currency, I can tell you why the European Union has no constitution and why all their treaties serve as something like a constitution, I can talk about the European Central Bank, the European Commission, the European Parliament, the Council of Ministers, the European Court of Justice, and the European Council. I can talk about why other states want to join the European Union. I can talk about the economic policy and how the European Union needs to work on their Foreign policy. I can talk about the health care system and how that may affect not only the residents but also the business. I can talk about how international trade works and what effects quotas, tariffs, and subsidies can have on trade. I could talk about the exchange rate and how that can affect not only tourist, but the big impacts it can have on businesses. I could go on and on and it is truly, truly amazing that I knew nothing about the European Union and I knew little about international business and now I can ramble and ramble about all of this material.

While in France we will be visiting multiple locations and I will update you on our way! Businesses such as Eli Lilly, Smart Car, a brewery, a winery, a bio-medical firm, the European Parliament, a castle, etc....  Stayed tuned and wish us luck!!!!!!!!!!!!!

Thank you Kelley for this wonderful opportunity!!!!!!!!!!!!

Teaching at Yonsei

Tuesday, March 4, 2008 by Ken Carow
Teaching in South Korea.

I encourage every student to consider how they can internationalize their college experience.  Take a class that includes a trip to another county.  Even better, spend a full semester at a university in another county.  Go to France, Spain, England, China, India, Australia, you name it, but experience a culture other than our own.  It will be an experience to remember and open your eyes to another way of thinking.

As a college student, I did not do an exchange program, but I did spend 40 days traveling Europe.  An experience I will always remember as one of the best times of my life.  I saw over 25 cities, learned about culture, about history, and met a great deal of new people.

Well, this summer, I'm taking my own advice!  I'll be teaching at Yonsei University in Seoul, South Korea.  Fortunately, their classes in the summer program are in English, because I currently only know a word or two in Korean and probably mispronounce them horribly.

The program is six weeks long.  Classes are taught on Monday through Thursday, giving a series of long weekends to travel the country.  I plan to see many of the cities in Korea and go to some of the national parks.

I'll teach Financial Management.  It is equivalent to our F301 course, but without the ICore project.  I'll present the course in a slightly different manner for this international audience, but I'll cover all the same material.  For an international audience, I plan to start with the chapter on International Finance, then present the rest of the material.  This way, I can switch between different currencies to emphasize that Finance is really the same in every country, it's just a different currency symbol that is in front of the numbers.

Initially, I thought there were be a language barrier in going to Korea, but based on talking with our Korean exchange student and several friends who have been to Korea, it has a low language barrier.  All children are taught English and many Koreans are eager to speak English.  Even some of the signs around the county are in English, making it easier to get around.  I do plan to learn a little Korean to get around the city.  I think it's a sign of respect to learn about the language of the county you visit.  

If you are interested in Korea, I encourage you to consider this exchange program.  You'll spend six weeks in a beautiful county.  International Dimension is one of the areas where all Kelley students must complete 6 credit hours.  Participating in an exchange program is one way of meeting this requirement.   See a Kelley advisor for more details on how courses from the program can transfer.

A couple of links might be helpful.  The following link provides an overview of the Yonsei exchange program
http://summer.yonsei.ac.kr/introduction/wel.asp

This link provides a listing of the courses that are taught (in English) in the Yonsei exchange program.  Click on the course area, to obtain a listing of courses in the area of study.
http://summer.yonsei.ac.kr/program/courses.asp

Go international with your degree.  You'll have a great time travelling and gain an experience that will set you apart in your interviews.