Cantor Fitzgerald, a leading global financial services firm, recently announced the continued expansion of its Foreign Exchange (FX) Sales and Trading group with the appointment of Joseph Pinto as Senior Managing Director and Stephan McElreath as Vice President. Both will be responsible for building out Cantor’s global FX trading business, and increasing the firm’s market making capabilities. Joseph Pinto, who graduated from Quinnipiac with a B.A. in Financial Management, was head of Americas electronic forex sales at Goldman Sachs. He previously worked in electronic forex for Bank of America Corp and Barclays Capital, a unit of Barclays PlC. Shawn Matthews, Chief Executive Officer, Canter Fitzgerald & Co., stated of Mr. Pinto and Mr. McElreath, “We welcome the breadth and well-established relationships these highly respected individuals bring to the Cantor team.” James Reilly, Senior Managing Director and Global Head of Foreign Exchange, added, “Joe and Stephan’s extensive experience in FX strategy will play a significant role in driving our business expansion and developing a deeper client footprint.”
Marcus Harun, an MBA candidate, assisted in managing the airwaves this summer at AM 1220 WQUN. Marcus’s internship in digital marketing management had him thinking about how a radio station can grow its digital presence. As Marcus states, “Management at the Hamden based station realized the importance of the web, but worried that they lacked the man-power to create content for the airwaves and the web.” That’s where Marcus stepped in. As Marcus states, “I began the summer by researching technological tools and the apps that could increase efficiency and save time in the workflow of staffers.” He observed that “staffers were previously keeping up to date with the news by individually researching headlines on 25 websites.” So, what Marcus did was “setup a group RSS account that all staff can log on to, which aggregates the top headlines of all 25 websites onto one page.” Once Marcus had accomplished that task, he began to research strategies that news publishing operations use to post their content directly online and on social media. Marcus evaluated WordPress as an option to manage WQUN’s on-line content because of the “add-on” tools that make it customizable. Marcus approached his supervisor with his idea for staffers ” to use 4 clicks to copy and paste their current scripts into the new website, and have it posted on Facebook and Twitter.” This project lead Marcus to think about how social media experts operate. He analyzed data from social media sites and scrutinized what news stations and radio stations did to get the most “likes,” retweets and shares He then presented this research to both staffers and managers. The result? Marcus set up a TweetDeck software for the staffers to organize new tweet organizations they want to follow. As Marcus notes, “I am so happy with my WQUN internship because they empowered me and gave me real responsibilities. I feel like I really had an impact on the business.”
This summer, Kaitlin Prendergast has had the opportunity to work at Ernst & Young as an intern in their assurance services. Ernst & Young is one of the largest professional services organizations and is know as one of the “Big Four, ” along with Deloitte, PricewaterhouseCoopers, and KMG. In May of 2014, Kaitlin earned her degree in accounting and this summer she entered the MBA program. Working at EY offices in both New York City and Long Island has meant long hours and high performance demand. As Kaitlin states, “I was introduced to ‘busy season’ because the company has a June 30th financial year-end.” As an intern, Kaitlin “mainly worked at the client site performing year-end audit procedures such as depreciation reasonableness, inventory cutoff testing, and accounts payable aging.” With a positive attitude and a willingness to learn, Kaitlin was able to ready herself for the tasks at hand. The foundational coursework she had as a QU undergraduate in business helped her find equilibrium and prioritize tasks. As an MBA candidate and an EY intern, training with her managers and finding mentors was a key component in learning on the job. As others who have interned at the “big four” attest, professional services isn’t dull. As Kaitlin states, ‘While many people think of accounting as isolated tasking in a cubicle, it is actually the opposite.” She continues, “I am always working on a team, participating in group discussion, and constantly problem solving with seniors.” This interactive dynamic resulted in Kaitlin attending an international conference for EY interns focused on team building and leadership skills in Orlando, Florida. As Kaitilin states, “EY has given me an incredible opportunity to learn and grow.” And the hard won invitation to an international conference has provided for strong networking possibilities.
As an intern for Acute Angling, MBA student Erica Reiss went fishing for knowledge. She joined Acute Angling as an intern and become immersed in a sea of research that lead her to assist in the company’s social media campaign. Located in New Jersey, Acute Angling casts a wide net. As a fishing expedition company, Acute Angling takes customers on fishing excursions in the Amazon. Clients angle for Peacock Bass, Payara and Giant Catfish. Back home, as an intern, Erica worked on using social media, such as Facebook and Twitter, to present Acute Angling to a younger clientele. Erica also made an Instagram for Acute Angling to attract the attention of young fishers and to assist Acute Anglers into diving into a younger market, which is one of its main goals. As a graduate intern at Acute Angling, Erica met her challenges by drawing on her marketing skills, which she owes to her time spent at Quinnipiac. Along her journey as an intern, Erica learned she was also quite good at multi-tasking and time management. Other skills that Erica learned to develop and strengthen were meeting deadlines, communicating and collaborating with managers. Part of the communication tasks Erica was assigned included locating errors throughout the company’s website and correcting them and communicating the corrections to her managers. While Erica found this, at times, “tedious and time-consuming,” she was positively convinced that this kind of attention to detail is vital to an organization. Erica researched local fishing companies that were potential competitors, spoke to travel agents, and worked her research into a final presentation for her managers. As Erica said, “The managers requested that I research corporate retreat and rewards providers, adventure travel agents, and local fishing clubs to take advantage of the different opportunities that they present.” Erica’s fishing expedition with Acute Anglers has demonstrated that it takes both an acute eye to detail, the skill of a youthful and social media savvy marketer, and the resourcefulness and patience of a fisherman to lure the big fish.
MBA student Tyler Yanosy is spending the summer as an intern involved in the Global Employer Services Line at Deloitte. Deloitte is the largest professional service network in the world by revenue and number of professionals. It is commonly referred to as one of the “Big Four,” along with Pricewaterhouse Coopers (PwC), Ernst &Young, and KPMG. Tyler states that, in the short time he has spent at Deloitte, “I’ve learned much more about international accounting, especially from a tax perspective than I knew 5 weeks ago.” Some of what Tyler has gained includes “a good grasp for how taxes are filed for international employees, both expatriates and inpatriates, how to draft and file tax notice responses to state and federal revenue departments, as well as making various database entries that prove crucial for clients in showing whether they need to make payments or to receive them from their employees on behalf of them.” Beyond the technical knowledge gained, Tyler emphasizes the importance of communication, both with clients and with other employees. Communication occurs every day between fellow consultants, seniors and partners and getting critical feedback, and listening to it, is crucial in “hearing” what is being done right and what is being done wrong. As a result of “listening in,” Tyler notes his interpersonal skills have improved. With the many social events that the company has, potential growth in communication and networking is limitless. “Accounting, especially tax accounting, has this stigma of ‘boring’ people with pocket protectors and thick glasses, but in firms today that is nonexistent,” says Tyler. The Deloitte internship allows Tyler to make a difference for clients in terms of their tax liabilities and requirements. As Tyler states of his internship and Deloitte, “It’s a place you want to go each and every day, where you can ask anyone a question and they would be happy to help you at any point.”
Director of the Central European Institute, Professor Christopher Ball led a group of 11 MBA students on a study excursion of Hungary. Students assembled to appreciate and absorb the growing Hungarian economy while experiencing the culture of Budapest, a hidden gem of Eastern Europe. Filled with an industrious schedule, the daytime visits included some of the most prestigious companies, such as Morgan Stanley, KPMG, Exxon Mobil. According to MBA Online student, Sulav Mukherjee, “sessions were informative and thought provoking” and the “nature of the developing Hungarian economy” was explained. Sulav was one of many students who, as he states, “were introduced to the cultural nuances that have both prevented a meteoric rise of the economy” but have, however, allowed for a gained “sense of optimism for its future.” Sulav continues, “this hopeful presence, which was constant throughout the presentations, was detailed by the belief that the typical Hungarian mentality is slowly changing and will allow the economy to continue to prosper.” Other students noted that future Hungarian trips could take on different perspectives as the current climate changes. Trips to the Hungarian Parliament, the Hungarian Market, and to the Buda Castle were rich in history and also included spectacular views of the Danube. According to Sulav, “Collectively the travelling group went through thick and thin together, including the early morning meetings and the late night explorations. Together they experienced Hungarian cuisine at its finest, and took in the nightlife together.” Students agreed that the trip was an enhancing experience from both personal and cultural perspectives. For some of the MBA study travelers, it was their first time overseas. For all, it was an experience of blended cultures, working together to travel, study and learn. Emphasized throughout was the importance of teamwork and operating as a collective. Through a combination of structure and freedom to explore, the trip culminated with a networking event that brought the journey to a close. Set on a mansion overseeing the Danube, the last hurrah was an emotional goodbye after an amazing two weeks. Egészségedre (Cheers)!
Students in the MBA program who recently returned from a summer study excursion to China with Terry Goodwin, Board of Trustees, and Charles Brooks, Professor of Marketing, have reflected on their learning and travel experiences. Christina Hartnack, MBA candidate, Class of 2015, took special note of the Museum of Qin Terracotta Warriors and Horses in X’ian. Upon ascending the throne at the age of 13 (246 BC), Quin Shi Huang, later the first Emperor of China, had begun work on his mausoleum. It took eleven years to finish. In 1974, a group of peasants digging in the area uncovered some pottery and archeologists took notice. What was discovered below the mausoleum, in pits, were many treasures and sacrificial objects that are associated with the Qin Dynasty. Altogether, over 7,000 pottery soldiers, horses, chariots, and even weapons were unearthed from the three pits that constitute the mausoleum. “Rooms the size of stadiums were filled with 6,000 warriors that were individually hand crafted. Each warrior had a different facial expression and detailed armor,” Christina stated. She continued, “In one of the large rooms [pits] there were warriors that were contained in glass cases because they were found undamaged.” Those that were damaged across time were carefully restored. As Christina noted, “It was easy to see the passion and dedication that the Chinese people had for these soldiers and how they wanted their emperor to be safe in the afterlife.”