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Plan Now for Life after Allegheny – Here’s Your Roadmap

Students of all majors are invited to attend a special Lunchtime Learning event where Professor Chris Allison ’83, Entrepreneur in Residence, will illuminate the many opportunities available for students with interests in business and economics.  “Your professional life will throw a lot of surprises at you, so planning is essential to respond to those setbacks quickly and effectively,” says Professor Allison. “So, failing to plan your educational journey is really planning to fail.”

Professor Allison will guide students in considering the many professional opportunities after graduation and offer suggestions on how to secure internships and achieve career preparedness by taking advantage of the multiple experiential learning activities offered through the Center for Business & Economics and the Allegheny Gateway.

Students in attendance will receive a copy of A Roadmap for Business & Economics, career guide along with along with an internship directory providing a brief overview of the internship opportunities most appreciated by Allegheny students with interests in business and economics.  Students will find information to set goals, learn how to get the most of their studies, prepare for jobs and internships as well as evaluate the many career and graduate school opportunities available to them as Allegheny College students.  Included in the Roadmap is a form for students to plan their courses and a career & co-curricular planning document – both forms will assist students with resume writing and setting goals for their journey after graduation.

We encourage students to attend this event prior to registering for spring classes.

The Roadmap for Business and Economics
Thursday November 14, 12:15 pm, Quigley Auditorium
Lunch will be provided

Professor Chris Allison, Entrepreneur in Residence and Co-Director for the Center for Business and Economics
Professor Chris Allison ’83 conducts a series of workshops for students throughout the academic year

Chris Allison ’83 Allegheny Trustee, Entrepreneur in Residence and Co-Director for the Bruce R. Thompson Center for Business and Economics

Professor Allison is the former Chairman & Chief Executive Officer Tollgrade Communications Inc. He is both the Entrepreneur in Residence and the Co-Director of the Center for Business & Economics.  A published author of two books and multiple articles in the Pittsburgh media, his teaching and research interests include Managerial Economics, Entrepreneurship, Financial Literacy, Investing Theory, Writing and Public Speaking. He is the host of the Financial Literacy Challenge and the annual Big Idea Competition where he shares his valuable executive experience to provide guidance and support to Allegheny’s next generation of business leaders.

Research Reveals Crawford County Tooling & Machine Industry Optimism

Allegheny Economics Research Team from left: Dr. Onyeiwu, Gillian Greene '20 and Matthew Massucci '20
Allegheny Economics Research Team from left: Dr. Onyeiwu, Gillian Greene ’20 and Matthew Massucci ’20

A summer research project led by Dr. Stephen Onyeiwu, Professor of Economics, conducted with students Gillian Greene ’20 and Matthew Massucci ’20 entitled, “Trends in the Tooling and Machining Industry of Crawford County, PA”* investigated the state of the industry through a comprehensive survey of 28 Crawford County manufacturers involved in the Tooling & Machining (T&M) industry.  Due to the unique history of the tool & die industry in the Meadville area**, Dr. Onyeiwu originally embarked upon this longitudinal study soon after arriving at Allegheny College in 2002.

This summer’s survey, published in August 2019, revealed that technological change and automation enabled northwest Pennsylvania manufacturers in Crawford County to experience growth for the past five years.  Local manufacturers see the industry as being stable for the next 10 years, though they see increasing opportunities in the medical equipment and device industry.

“Based on our previous surveys, we were pleasantly surprised to find the industry in such robust health,” commented Dr. Onyeiwu.  He continued, “We were equally pleased to learn that recent tariffs have not been detrimental to local shops, and that foreign competition is no longer considered the same formidable threat that it has been in the past.”

Why are Crawford County Tool Shops Doing so Well?

The research suggests there are seven important reasons:

  • Rising Costs– The cost differences between area tool shops and foreign competitors like China have narrowed, mainly due to rising costs in the foreign countries.
  • Quick Turn Around – Most tool shops said that turnaround time is critical for competitiveness, and have specialized to meet customer demand.
  • Quality Advantage – Crawford County shops have continued to maintain their reputation for high quality standards.
  • Product and Market Diversification – Crawford County shops have diversified their customer base in terms of the number of customers, as well as the range of products manufactured.
  • Cluster Effects – Tool shops in Crawford County operate in a cluster, the largest of which is located in the Meadville area. The benefits of clusters come by way of an agglomeration of traditional economies including access to skills, materials, services, markets, capital and economic development agencies within a geographic area.
  • Training Centers for Toolmakers – Although Crawford County is still facing skill shortages, it has training centers for toolmakers, including the Precision Machining Institute (PMI) and the Crawford County Career and Technical Center.
  • Weakening of Foreign Competition – while the survey did not produce a consensus of opinion, quality and delivery stood out as the reasons, particularly in specialized markets. Foreign competitors have also seen increases in their production costs, partly as a result of rising wages.

The Future Workforce, Competition and Regulation Remain a Challenge

Moving forward, area manufacturers will continue to invest in new technology, consider new training models for younger workers and have a greater focus on soft skills.  While foreign competition is not as onerous as it once was, domestic competition is much stronger than in the past.  Tool shops believe that OSHA should play a more constructive role and help educate firms on how to keep employees safe.

Despite the challenges, 85% of the shops expressed optimism about the future of the industry – that’s good news for Crawford County.

*Click here to read the full text version of the study:  Trends in the Tooling and Machining Industry of Crawford County, Pennsylvania

**Why Meadville is called Tool City USA

According to the City of Meadville, “the Talon Corporation, headquartered in Meadville, played a major role in the market development and manufacture of the zipper… In the 1980’s, the Great Lakes region saw a major decline in heavy industry.  This blow to the local economy was softened by a subsequent surge in light industry, mainly tool and die machine shops, earning Meadville the nickname Tool City, USA. Today, the Meadville area remains a leader in tooling, machining and advance manufacturing and the city serves as the region’s center for banking, education and social services.”

History of Meadville, cityofmeadville.org

Stephen Z. Onyeiwu, Ph.D.

Dr. Onyeiwu is the Andrew Wells Robertson Professor of Economics at Allegheny College teaching courses in Managerial Economics, Advanced Managerial Economics, Management of Innovation and Technological Change, Introduction to Microeconomics, and African Economic Development. His research interests include the Technological Strategies of Firms, Small Business Development, Industrial Organization, and Global Economic Issues.

Student Researchers

Gillian Greene ’20 is a double major in Economics and Political Science with a minor in Middle East and North Africa Studies. Matthew Massucci ’20 is an Economics major with a minor in Mathematics.

Faculty Mentored Research

This research project is supported through the URSCA program for Undergraduate Research, Scholarship and Creative Activities.  Learn more at Allegheny College Research

 

 

Not every lesson is taught in a classroom, sometimes you have to take the field 

The surprising connection between business strategy and football

The ECON 240 class learning about business strategy on the field of play

Inspiring students to learn more today and in the future requires imagination and collaboration.

When Dr. Gaia Rancati, Assistant Professor of Marketing and Neuromarketing considered methods of teaching business strategy in her Business & Managerial Economics class, she reached out to Allegheny football coach Richard Nagy to brainstorm ideas on how to drive home the meaning and significance of strategy in every area of life. Why football?  Dr. Rancati shared her idea, “I believe that the connection with a professor and a coach can help to engage more students.  There is no sport like football with the ability to put business strategy into practice.”

According to Coach Nagy, “I was amazed at how our model of running a football program fit what Dr. Rancati was teaching,” he continued, “She has really made me think and examine some of the things that we do. She is a great resource for me moving forward. I also really appreciate her enthusiasm and passion and how she teaches and inspires her students.”

The student reaction has been very positive.  Football team captain and economics student Zach Wilson had this to say about the surprising connection between business strategy and football, “I never really made a connection with football and business strategy until Dr. Rancati showed me that they  basically have the same ideology. Looking at the bigger picture of business and football, it is important to understand that every level of the business needs to do their part in order for the firm to be successful. This relates directly to football because each person out of the 11 on the field needs to do their individual job for the desired outcome.”

He continued, “Another surprising connection is the concept of competitive advantage. In the business world, you must have a quality, product, service, etc., that is perceived by the customers as better than the competition. This competitive advantage makes your specific firm more successful in some way, whether that’s total profit, a relevant position for your audience, or in football terms, more wins than other teams.  Football strategy and business strategy are primarily the same in many ways and both aim to be better than the competition surrounding them. GO GATORS!”

Dr. Rancati takes the field with the Allegheny College football team to prepare for the coin toss, Oct. 19, 2019. Photo by Ed Mailliard.

Dr. Rancati was selected for the coin toss at the Oct. 19th football game where the Gators won a 49-0 victory –demonstrating that a little strategy can go a long way.  A native of Italy, Dr. Rancati, when asked about the differences between the European version of football, what Americans call soccer, and American football, she exclaimed, “Italy has its soccer history and the U. S. has great football!”

Gaia Rancati, Ph.D.

Dr. Rancati is the assistant Professor of Marketing and Neuromarketing at Allegheny College, a Visiting Professor – IULM University Milan, a Professor – IED Milan and the Head of Retail – Immersionneuro Los Angeles.  She is the winner of the Woman of Excellence 2019 Award for Customer Experience and Retail from the World Economic Forum.

Richard Nagy

Richard Nagy is a veteran coach with more than 30 years of experience at the Division I and III levels, as its 35th head football coach. Nagy, who served as an assistant coach and eventually held the title of associate head coach for the Gators in the 1990s, returns to Meadville after most recently serving as the defensive coordinator at Old Dominion University in Norfolk, Virginia.

 

 

How to “Excel” at your Internship

2019/2020 Fellows, from left - first row: Shannon Putnam '20, Emma Black '20, Rachel Tobler '21, Trevor Day '20, Carlos Sanchez '20, Rafael Balanquet '20
2019/2020 Fellows, from left – first row: Shannon Putnam ’20, Emma Black ’20, Rachel Tobler ’21, Trevor Day ’20, Carlos Sanchez ’20, Rafael Balanquet ’20

The CBE Fellows invite all Allegheny students for a special event on Gator Day – Allegheny’s day of programming centered on helping students connect their curricular and co-curricular experiences with the next steps they want to take at Allegheny and beyond.

The Fellows have created a new workshop entitled, How to “Excel” at your Internship based on their collective experience as both job applicants and interns in a wide variety of workplace environments.  A key requirement for most positions today is a working knowledge of Microsoft Office’s spreadsheet program, Excel® – in fact, employers expect students to be proficient in Excel from their first day on the job.

But what about those soft skills everyone talks about?  The Fellows recognized that it’s not simply the technical skills required for Excel, the key to success is understanding how to achieve the kind of results that benefit the organization.

To master both skills, the Fellows have designed this Excel workshop to teach Excel tips, tricks and shortcuts and share real life examples of how these skills can help students to succeed in the workplace. All six Fellows will be on hand to answer questions on Excel and internships as well as discuss how they were able to utilize these skills in their past internships.  Participants will receive a handout with Excel shortcuts.

The event will be held on Tuesday, October 29 from 9:30 – 10:30 am in Quigley #220.  Students can feel free to bring their laptops or use the computers in the room.   A light breakfast will be provided.

Center for Business & Economics Fellows

Center for Business & Economics FellowsCBE Fellows are a select group of motivated students that function as a leadership team to support CBE programming and act as student ambassadors. Activities are structured to enable students to include this position on their respective resumes as a valuable work experience.  To qualify for this position, students must have a keen interest in both business and economics, maintain a good academic standing, and regularly attend all CBE activities.

Center for Business and Economics Fellows

Gator Day

The Bruce R. Thompson Center for Business & Economics attracts Allegheny’s next generation of business innovators and entrepreneurs by providing a host of co-curricular activities that connect with and deepen their classroom experiences.

 

What Were They Thinking? How honest people go bad…a little at a time

The Bruce R. Thompson Center for Business & Economics and the Allegheny Law & Policy program will welcome Allegheny alumnus Mike Young, class of ’78.  Mr. Young has spent 38 years as a Wall Street attorney investigating corporate wrongdoing.  He returns to Allegheny to share his experiences of how good, decent, honorable individuals end up breaking the law – often without even realizing it.  He will give concrete suggestions to aspiring business leaders about avoiding the pitfalls that have entrapped so many others.

The Allegheny Community is invited to Quigley auditorium on Thursday, October 17, 12:15 – 1:15 pm for this enlightening presentation; lunch will be provided.

Michael R. Young

Named by Accounting Today as one of the “top 100 most influential people in accounting,” Michael R. Young is a litigation partner at New York’s Willkie Farr & Gallagher LLP where he chairs the firm’s securities litigation practice. Mike advises and defends boards of directors, audit committees, accounting firms, public companies, and company officers on issues of corporate governance and financial reporting.

His trial victories include the landmark jury verdict for the defense in the first class action tried to a jury pursuant to the Private Securities Litigation Reform Act of 1995.  He has served as a member of FASB’s Financial Accounting Standards Advisory Council, as chair of the New York City Bar Association’s Financial Reporting Committee, and as counsel to the American Institute of Certified Public Accountants and the Center for Audit Quality.

A prolific author on the subjects of financial reporting, audit committee effectiveness and the role and responsibilities of the independent auditor, Mike’s books include The Financial Reporting Handbook (Wolters Kluwer 2003), Accounting Irregularities and Financial Fraud (Harcourt 2000) and, most recently, Financial Fraud Prevention and Detection:  Governance and Effective Practices (Wiley 2014).

Mike is a much sought after speaker and commentator on financial reporting issues, and has been regularly quoted in such publications as The Wall Street Journal, The New York Times, Fortune, Forbes, USA Today, The Washington Post, and The National Law Journal.  He has also appeared as an invited guest on Fox Business News, CNBC, MSNBC, CNN, and BNN (Canada). Mike is a graduate of Allegheny College and the Duke University School of Law, where he was Research and Managing Editor of the Duke Law Journal.

 

Faculty Seminar Series Opens with “The Effect of Unconventional Monetary Policy on Credit Flows”

Business & Economics Faculty SeminarsEconomics Professor Tim Bianco will open the fall semester faculty seminar series on Thursday September 26, presenting his paper, “The Effect of Unconventional Monetary Policy on Credit Flows” prepared jointly with Ana Maria Herrera, Professor of Economics, University of Kentucky. Professor Bianco will be presenting this paper at the Ohio State University Department of Economics 29th Annual Meeting of the Midwest Econometrics Group (MEG 2019).

Their paper evaluates the quantitative effects of unconventional monetary policy in the late 2000s and early 2010s when the federal funds rate hit the zero lower bound (ZLB). They compute credit flows using Compustat data and employ a factor augmented vector autoregression to analyze unconventional monetary policy’s impact on the allocation of credit among firms. They show that the impact of unconventional monetary policy on credit reallocation was substantial, especially for long-term credit. They then inquire what groups of firms accounted for this increased credit reallocation finding that, during the ZLB, unconventional monetary policy reshuffled credit towards firms typically viewed as financially constrained: small, young, high-default and highly leveraged firms. They also show that, during the ZLB, unconventional monetary policy brought about higher credit creation for firms of relatively high investment efficiency, suggesting this policy was key to fueling future economic growth.

Timothy Bianco, Ph.D.

Timothy Bianco is an Assistant Professor of Economics at Allegheny College.  He earned a Ph.D. in Economics at the University of Kentucky, specializing in macroeconomics. Bianco attended Bowling Green University, earning a Master of Arts in Economics (2008) and a Bachelor of Science in Business Administration, Economics and Finance (2006). His research focuses on macroeconomics, banking and corporate finance, and international trade and finance. He served as an Economic and Research Analyst at the Cleveland Federal Reserve Bank for four years, prior to joining the University of Kentucky (2013 – 2018).  He has been published in the Journal of Banking and Finance, the Handbook on Systemic Risk, the Journal of Financial Management and Analysis, and the Federal Reserve’s Economic Commentary.

Ana María Herrera, Ph.D.

Ana María Herrera is a Professor of Economics at the University of Kentucky. She earned both her B.A. and M.A. in Economics at the Universidad de los Andes in Bogotá, Colombia and her Ph.D. in Economics at the University of California in San Diego. Herrera was a Repsol-YPF Fellow at Harvard’s Kennedy School in 2005-06 and conducts research in macroeconomics, energy economics and applied econometrics. Her work has been published in the Journal of Monetary Economics, the Journal of Financial Economics, the Journal of Applied Econometrics and the Energy Journal.

The Bruce R. Thompson Center for Business and Economics organizes faculty seminars to provide Allegheny College and visiting faculty the opportunities to give presentations based on their research agendas. Students, faculty and staff attend to learn more about cutting-edge research.

Welcome Alumna Diane Sutter, 2019 Executive in Residence

The Bruce R. Thompson Center for Business & Economics welcomes our 2019 Executive in Residence, Alumna Diane Sutter to the Allegheny College Campus September 30 – October 2.  Ms. Sutter is the President and CEO of ShootingStar Inc., a consulting company that provides operational and consulting services to radio and television broadcasters, media companies, and financial institutions. She has owned and/or managed several broadcast stations, both radio and TV. While on campus, she will hold two public events, participate in this year’s Economics short course in executive leadership and meet with Allegheny students, faculty and staff.

Executive in Residence Public Events

Monday, September 30, 12:15 – 1:15 PM, Quigley Auditorium:
So you want to own a TV Station? The Path from Allegheny to Capitol Hill to Broadcasting

Tuesday, October 1, 12:15 – 1:15 PM, Quigley Auditorium: Management, Leadership & Teams

Lunch will be provided at both sessions

Allegheny students may visit Ms. Sutter during office hours on Monday, Sept. 30 and Tuesday, Oct. 1 from 2:30 until 4:30 PM in Quigley 219, students may follow this link to schedule an appointment.

The Executive in Residence program is an event is designed to connect Allegheny students and faculty with prominent business executives who spend several days on the Allegheny campus speaking about their life experiences in business, paths to success and lessons learned.

Alumna Diane Sutter

Diane Sutter’s career has included radio and television station management, overseeing a television and radio station group, and owning and operating television stations. She currently consults for radio and television stations, media companies, financial institutions and other organizations. In addition, she conducts management training and development for companies and organizations as a Gallup-Certified Strengths Coach. Sutter also works with organizations to implement Conscious Capitalism and “Purpose” in their company.

ShootingStar Broadcasting is the media company she formed to acquire and operate television and radio stations. The company owned the CBS affiliate in Abilene, TX (KTAB) and MyTV New England (WZMY-TV) in the Boston, MA market.

Ms. Sutter also served as the Trustee for the KFWB Asset Trust (The Beast 980-All Sports Radio) in Los Angeles, CA and facilitated the sale of the station. Sutter currently sits on the Advisory Board of Media Vista Broadcasting, Naples, FL.  She was a member of the Advisory Board of Futuri Media, LLC, Cleveland, OH.  Previously, she was a member of the Board of Directors of JW Broadcasting and consulted for the four station TV group in Columbia, MO until it was sold.

Ms. Sutter served as the President of Shamrock Television, in Burbank, CA, a division of Shamrock Holdings, Inc., owned by the Roy Disney family. Sutter oversaw three network affiliates for Shamrock and was responsible for station operations and acquisitions.

Prior to that, Ms. Sutter served as Executive Vice President of Operations for Shamrock Broadcasting, which operated 23 major market radio stations as well as three network television stations. She came to the corporate offices in Burbank, CA from Lexington, KY where she was the Vice President and General Manager of Shamrock’s ABC Television Affiliate there.

Her radio broadcasting career began in Pittsburgh, PA where she held numerous positions in radio, rising from newsroom producer through sales to sales manager, station manager, and general manager. She joined Shamrock Broadcasting and served as Vice President and General Manager of Shamrock’s AM/FM combination in Pittsburgh, PA.

Previously, Ms. Sutter worked on Capitol Hill in Washington, D.C. in various capacities for members of both the House and Senate. Her last position was as the Press Secretary for a congressman from Chicago, IL.

Industry/Community Associations

Ms. Sutter is actively engaged in both her industry and community. She recently served as the Chair of the FCC Advisory Committee on Diversity and Digital Empowerment. In 2008, she was appointed to the FCC Advisory Committee on Diversity for Communications in the Digital Age and was ​​​​re-appointed in 2009, 2011, 2012, and 2017 by multiple FCC Chairmen.  Sutter also is a member of the Advisory Board of Multicultural Media, Telcom and Internet Council (MMTC).  Sutter is also a member of the National Association of Broadcasters (NAB)

Diversity and Inclusion Council

She served as the National Chair of the Alliance for Women in Media (AWM) and on their National Board. In addition, she served on the Entrepreneurial Leadership Council of Suffolk University’s Sawyer School of Business, and as a member of the Emerson College National Advisory Committee on Diversity in Boston, MA.

Ms. Sutter is a member of Conscious Capitalism LA and the All Star for Kids Council of the Children’s Hospital of Los Angeles. She also serves on the Dean’s Advisory Council for the American University School of Communications, Washington, DC. Previously she was a member of the Alumni Advisory Council for Allegheny College, Meadville, PA.

 Broadcast Leadership Training Program

Ms. Sutter created and developed the Broadcast Leadership Training (BLT) Program for women and people of color sponsored by the National Association of Broadcasters Leadership Foundation (NABLF). She serves as the “Dean” of the executive-MBA style, 10-month program to train women and minorities to become broadcast owners and group heads and teaches many of the sessions. The program is celebrating its 20th Anniversary year and has 325 graduates, many of whom have gone on to ownership or have been promoted to “C” suite level positions in the industry.

Awards and Recognition

Radio Ink magazine named Sutter one of The Most Influential Women in Radio in 2017 and 2018 and 2019.  She was also named one of the 20 Top Leaders in Radio by Radio Ink Magazine. Radio and Television Business Magazine recently named Sutter as one of the top Television Executives.  The Broadcasters Foundation of America honored Ms. Sutter as a 2017 Ward Quall Leadership Award recipient in recognition of her career contributions to the broadcast industry and the community at large.

In 2014, Sutter received the Trailblazer Award, from the Mentoring and Inspiring Women (MIW’s) at the NAB Radio Convention, recognizing her efforts to create and serve as the Dean of the Broadcast Leadership Training Program and mentor women and others in the industry. In 2011, she was chosen by the Alliance for Women in Media to be recognized for her contributions to the industry for the organization’s 60th Anniversary.

The NAB honored Ms. Sutter as the recipient of their Leadership Award at their national convention in 2009. Sutter was the 2008 recipient of the Lifetime Achievement Award from the Multicultural Media, Telecom and Internet Council.

The Alliance for Women in Media has also honored Ms. Sutter with their National Achievement Award. In addition, she was the first radio industry recipient of the Alliance’s Genii Award from the Los Angeles Chapter.

Education/Location

Ms. Sutter received her undergraduate degree in Political Science from Allegheny College in Meadville, PA, and her graduate degree in Public Relations from American University, School of Communications, in Washington, DC. She is also a certified Gallup Strengths Coach.

 

Gators in Economic Development

Christian Walker ’20 and Ethan Graubard ’20 each interned this summer at different organizations pursuing the same interest – economic development.

Sales, Service and Economic Development

Ethan Graubard
Ethan Graubard ’20 did double duty this summer working for Enterprise Rental as a customer assistance representative, and as a business liaison at the Bergen County Economic Development office.

Ethan Graubard did double duty this summer working for Enterprise Rental as a customer assistance representative, and as a business liaison at the Bergen County Economic Development office.  “It was a hustle all summer,” commented Graubard.

Ethan interned in 2018 at Enterprise as a management trainee, then advanced in 2019 to a Customer Assistance Representative where he gained experience in sales, customer service, management and logistics.  “I have always been interested in urban planning and economic revitalization,” he said, “in fact, I did my senior project on public/private non-profit organizations.”  He then earned a position at the Bergen County, NJ economic development office team whose goal is to attract business and promote tourism in the county, completing both internships in one summer.

Ethan is an Economics major with minors in Political Science and Community & Justice Studies, a student-athlete (varsity football), and a mentor in the Big Brothers Big Sisters Organization.

Entrepreneurship in Hermitage, PA

Christian "Dubs" Walker
2019 Big Idea Winner, Christian Walker ’20 (right side, second from the end) interned for the second year at the eCenter @ LindenPointe, a non-profit business incubator dedicated to helping early-stage startups.

Christian Walker interned for the second year at the eCenter @ LindenPointe, a non-profit business incubator dedicated to helping early-stage startups. He participated along with other interns and entrepreneurs both teaching and attending seminars designed to improve the group’s skills at creating new business start-ups and growing existing businesses.

Christian owns and operates animatr, a brand that destigmatizes the negative misconceptions surrounding Japanese “anime” animation fans with aesthetic streetwear.

“I learned that it’s not just about having a good idea,” said Walker, “it’s about how you implement it.” He added, “My business revenue increased by 350% thanks to the accelerator and hard work.”

Christian is an Applied Computer Science major with a minor in Economics, a Bonner Scholar, and the 2019 Winner of the Big Idea Competition, Allegheny’s annual contest that emulates the experiences seen on the popular CNBC broadcast, Shark Tank.

Allegheny College is grateful for the many opportunities extended to our students through organizations like the eCenter @Linden Point, Enterprise and the Bergen County Economic Development office. The Bruce R. Thompson Center for Business & Economics works in partnership with Allegheny Career Education to mentor students on how to locate and apply for internships, secure housing and apply for funding sources to defray costs.

Project Management in the Medical Device Industry

Do you think it’s hard to juggle priorities as a college student? Meet Eric Jones

J. Eric Jones, Operations ManagerImagine what it would be like to be the site manager for a 172,000 square foot manufacturing facility and lead a team of 6 managers, over 300+ labor assemblers and 3 tactical buyers – that’s just another day in the life of Eric Jones.

Attend this presentation to learn more about how Eric approaches project management, leadership and strategy to contribute to $750 million in annual revenue as the man responsible to oversee the assembly, testing and packaging of 1.2 million CPAP devices, 91,000 communicators and 275,000 personal help buttons.

The Allegheny community is welcome to attend the first in the series of Lunchtime Learning presentations on September 10 at 12:15 pm in the Henderson Auditorium, Quigley Hall. Don’t miss this chance for a free lunch and the opportunity to meet this key advisor and thought leader in the medical device industry.

The Bruce R. Thompson Center for Business & Economics sponsors this series to provide students with opportunities to gain valuable information on topics and industries related to internships and careers in business and economics.  Speakers often choose one of two broad areas to discuss with students. The first is career oriented, and the second is issue oriented. Both topics enable students to navigate and explore job options, understand the steps necessary to pursue opportunities and learn how to self-advocate for opportunities in the workplace.

Ryan Clydesdale ’20 Wins the Prestigious Cornerstones Summer Analyst position

Ryan Clydesdale ’20 Wins the Prestigious Cornerstones Summer Analyst positionMathematics major with a double minor in Economics and Chemistry, Ryan Clydesdale ’20, was awarded the prestigious Cornerstone Research summer internship experience.  According to Clydesdale, “and I had a great ten weeks as a Summer Analyst at Cornerstone Research. From gaining an understanding of the daily workflow of economic and litigation consulting, to acquiring some of the skills that come along with the job, and developing as a professional in general, I benefited immensely from this experience. I am now comfortable with coding in multiple programming languages, using Microsoft Office at a more sophisticated level, and collaborating with others to function as a productive member of a project team.”

Navigating the Application Process

To apply for this position, Ryan submitted his resume, transcript, and a cover letter to Cornerstone through Allegheny’s Career Education office. He was then called back for a phone interview, where he further discussed his interest and qualifications. The next step was a Skype interview, where he took part in two mock case studies. During the latter he was given background information on mock cases and the interviewers asked questions about his approach to investigation and analysis. As part of the process, Ryan was interviewed by multiple Cornerstone employees at various levels of management.

Cornerstone Research

Cornerstone Research is a leading economic and financial consulting firm specializing in the analysis of complex economic, financial, accounting, and marketing issues that arise in the context of various kinds of litigation. Cornerstone Research has 700 staff and offices in Boston, Chicago, London, Los Angeles, New York, San Francisco, Silicon Valley, and Washington.

Cornerstone Research values the professional growth of its summer analysts and recognizes their contributions to clients and the firm. Consequently, many summer analysts choose to join Cornerstone Research full-time upon graduation. The analytical depth of assignments, the breadth of industry exposure, and experience working in case teams offer outstanding preparation for analysts applying to top graduate programs in business, economics, and law, and for ensuing careers in consulting, finance industry, and academia.

Allegheny College is grateful for the many opportunities extended to our students by Cornerstone Research and their continued support of undergraduate experiential learning. The Bruce R. Thompson Center for Business & Economics works in partnership with  Allegheny Career Education to mentor students on how to locate and apply for internships, secure housing and apply for funding sources to defray costs.