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Employer Quotes

The quotes below are from employers in this industry: Financial Services

They are talking about this topic: Educational Partnerships

 

The quotes below are about this issue:
Employers emphasize the importance of continuing current and creating future internship and extracurricular leadership opportunities. Many internship positions can become full-time positions.

Employer Quote Region
"Interviewer: The people that you are promoting that do have those skills, have you found out where they found those skills? Was it with Cub Scouts or Girl Scouts? Or was there something that we can start developing at a younger age?

Employer: A lot of times, it might have been involvement in sports. It might have been Boy Scouts, it might have been Girl Scouts.

Interviewer: So, these are probably mental skills at a younger age that...

Employer: It could be, in some cases. Well, on campuses, if you have somebody that was the head of the Investment Club, they probably know how to lead. Those types of folks. Folks that have led, that have interacted with people. I think more of those types of opportunities for people to lead, I think, as adults would be helpful because then they can apply that when they get into the work."
Central
"Interviewer: I think the other question, though, would be: would you like to see a course—part of the core curriculum—be leadership skills? I don't know if you can teach that.

Employer 1: You just have to do that."
Central
"Employer 1: One of the issues we have with it though is that students have this need to get out of school as quickly as humanly possible and start working. So, they don't have time to take a semester off to do an internship during a busy season, which is great except that they are missing out on an opportunity to actually work a busy season—to do an internship and figure out if public accounting is really what they want to do. They all want summer internships and we're just not that busy during those times of year. And we're finding more and more even the colleges are encouraging them to stay in school to get their master's degrees, to get to the 150 credits, and to not take time off to do the internship. And that has started to get a little frustrating.

Employer 2: I think it's a disservice to the students because it really is their best way to get a job.

Employer 1: And to test the field.

Employer 2: Yes, to know if they like it. Exactly."
Metro
"I've got two daughters that went through the education program at the University of Minnesota Morris, and they are in teaching. And one of the things that I liked was that—rather than get into an internship with student teaching and decide you don't like it—they had a number of experiences of shadowing. Go to the elementary school and observe. Work at their church and assist with teaching. Or look for examples that test the waters over the course of the four years. And then the person can decide, 'I don't like this,' or 'It's creating a passion in me for this profession.' And I think we could—and we've talked about this in strategies in our own program—in the first and second year they could spend a week riding with a technician and observing service calls. That experience helps them to see what they're getting into and if they really want to do that type of work. And I think there's a lot of ways to help them think broader and to look for different opportunities. Internships are great, but they're intense. But we do need to give them opportunities to confirm their choice over the course of the time." Metro
"I'm from the financial planning industry, so it's a little bit of a different animal but the biggest thing is knowing what the expectations are, knowing the hours, and actually wanting it. I have seen people my age going back to school and graduating, and then they take a job and say, 'I don't like it.'" Metro
"Interviewer: Internships are something that we have talked extensively about. And some of the comments and concerns—from a lot of our institutions—is around figuring out what is the true capacity out there for companies to take in interns? So, maybe if some of the employers could talk about what your average number of interns is in a six month period or a year? How many interns can you actually handle?

Employer: We only hire four to five interns for the busy season. And if the internships go well, we will extend full-time offers to them. Last year, we extended five offers and they were accepted.

Interviewer: And how big is your firm? How many employees?

Employer: We have 120 in this office. We have 1,200 nationwide.

Interviewer: So, five interns for an office of 120 employees?

Employer: Yes.

Interviewer: And that's January to...?

Employer: January to April 15. Or January to the end of March for audit."
Metro
"We usually have four to six interns. And we will have six if all goes well in the next couple of weeks." Metro
"We had nine interns for January." Metro
"Employer: We can hire anywhere between five and ten on the intern side, but we have about 20 individuals that will be starting with us in January.

Interviewer: Do you hire them all after the internship?

Employer: We will extend offers to the majority of our interns, yes. Again, it's according to business needs at that point.

Interviewer: Do you require senior status in college? Like almost getting their BS, and being CPA bound?

Employer: Yes.

Interviewer: So, you have to be at least a junior it sounds like?

Employer: Senior for us."
Metro
"We want them to have a tax class or an audit class for whichever side they're going into because then it's a lot more successful internship." Metro
"A lot of the big firms will hire 50 interns with the intent that only 15 will make it into a full-time position. And, let's be honest, that is damaging our profession. They're burning those people out and then those people don't want to go into public accounting. And it's hurting every single one of us when it comes to trying to find folks. Because they work an insane number of hours for a short period of time and then, at the end of it, they're like, 'Thanks, but we're not interested.' That's probably where the bad rap comes from, and why students most likely don't want to do an internship sometimes." Metro
"The only time that we would hire an entry-level that didn't do an internship with us is if it's an odd time of the year and we're looking. So, yeah, we want them to do the internship with us so that we can hire them." Metro
"Interviewer: While in college, do these account agents do internships with your firms?

Employer 1: We want them to.

Interviewer: Is it required?

Employer 1: To get a full-time job with us, yes.

Interviewer: So, do you guys require it as employers?

Employer 2: For us, the way to get a full-time job is to do your internship with us and if that goes great, we extend an offer. It doesn't matter if you're graduating right then or if you're graduating the next year, we'll extend the full-time offer."
Metro
"We have 100 employees. And generally we hire two interns for audit and two for tax. But we lost some of our three-to-five-year people last year in the fall, so this year we have seven interns in hopes that they all do well and we will hire all of them." Metro