Creating Pathways to Finance Careers Experiential learning is a cornerstone of the mission of the Brennan School of Business at Dominican University. Small classes and dedicated professors help students get hands-on learning experience before graduation and expanded internship opportunities open up pathways for the next generation of business professionals.
The Brennan School is proud to have been invited to participate in the Internship Program sponsored by the Treasury Management Association of Chicago (TMAC), which provides realworld business experience to students. This year, Jorge Ramirez ’20 was the fall 2018 paid internship recipient, and Yesenia Soto ’20 is the spring 2019 recipient.
At Dominican, the TMAC internship is a learning experience crafted around the student’s interests and the needs of the University Business Office. Interns work closely with our treasury professionals in the Business Office who mentor and guide them through their semester-long project.
Last fall, Jorge Ramirez joined the team at a time when they were short-staffed. Guided by the Business Office staff, he worked independently on an operational accounting project which focused on restricted gift funds and expenses. The real-life application of this project provided an in-depth, real-world learning experience for Jorge that further developed his understanding of financial control mechanisms.
“The TMAC internship was an amazing opportunity to work in an environment where everyone was willing to provide guidance and [offer] valuable lessons that will last a lifetime,” Jorge says. “As the TMAC intern, I was able to apply the skills I was learning in my accounting classes to help the Business Office solve real issues. This opportunity gave me insight [into] aspects of accounting that allowed me to bring a new level of understanding to my studies.”
This semester, spring intern Yesenia Soto started work on an economic analysis of the University’s room and board pricing details, which may prompt a financial reevaluation of the current cost structure. This competitive market analysis is a project that has long-lasting impact and value, but one that the Business Office would not have had time to tackle had they not had Yesenia’s support.
“This is a great opportunity to learn from [professionals who] are intelligent and experienced in their field,” Yesenia shares. “Their advice is something I will treasure for years to come.”
Mark Titzer, University Vice President of Finance pointed out that “This is different from temporary labor. Knowing that these are exceptional students with an interest in business and finance, we try to go beyond to give them a meaningful experience and not just busywork,” says Mark Titzer, Vice President of Finance.
Mark and other members of the Business Office encourage the interns to think about how to operationalize their projects so that their work can continue to grow and advance the office’s goals. Because the office is willing to invest time to teach the students and develop the type of creative projects that business professionals would tackle, the students are thankful for the learning experience.
Jorge adds, “After completing the TMAC internship, I feel as though I have a better sense of what a project-oriented work environment brings. I now have a refined set of organizational and critical thinking skills to present to future employers.”
Experiential learning opportunities such as the TMAC internship leads to personal and professional growth for the selected students.