School of Management Accounting & Finance (SAF) Co-op Option
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1 School of Management Accounting & Finance (SAF) Co-op Option
2 School of Accounting and Finance (SAF) Co-op Option Daria Sydor, Professor Accounting Chair Dr. Allen Goss, Associate Professor Finance Chair Stefan Kerry, Manager Co-operative Education Noha Saab, Co-op Co-ordinator
3 Agenda 1. What is Co-op Education? 2. Benefits/Costs of Co-op Education 3. Central Program Services
4 What is Co-op Education? with career- Integrates related work academic studies experience and involves an alternate and sequen9al arrangement of periods of study and periods of work experience
5 Co-op Schedule YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 F W S F W S F W S F W S F WKT 1 5 WKT WKT 3 WKT 4
6 Co-op graduation requirements Co-operative education is an optional part of your academic program and extends your program by at least half a year ( 4.5 years instead of 4) You must complete 3 of the 4 work terms to graduate with the Co-op designation
7 Guidelines for an acceptable co-op position Approved by the academic department or Co- op Office Work must be produc9ve and relevant to the academic program Student receives remunera9on ($) for work performed Student progress monitored and evaluated by the university Student work performance supervised and evaluated by the employer
8 Benefits of Co-op Benefits: Personal Gain maturity & confidence Make better informed career choices Earn while you learn Graduate with less debt Earn more on graduation
9 Benefits of Co-op Benefits: Professional Develop professional network Develop enhanced skills & abilities Gain a year of work experience Cultivate mentors and references Improve your prospects for employment on graduation
10 Benefits of Co-op Benefits: Academic Enriched education experience Improved understanding of assignments and projects Better grades Two way learning: work classroom
11 Things to consider Co-op is competitive - need high grades, strong communication skills, professional attitude etc. - need to be persistent during job search process - will require extra time outside of class Extends academic program to at least 4.5 years Additional program fees
12 Employer Benefits Eager, highly-motivated student employees New talent and ideas help to energize the workplace Opportunity to evaluate future full-time employees Fill specific skill and knowledge gaps
13 List of Employers Canadian Tire CGI CIBC Condo Control Central Deloitte ExxonMobil EY Hospital for Sick Children Hydro One Networks Manulife Ministry of Transportation Ontario Teacher s Pension Plan PWC Sanofi Pasteur Scotiabank RBC TD
14 Sample Job Descriptions Scotiabank Accounting Analyst Co-op Student - Division: Finance -- Decision Support Services (DSS) (part of the Chief Accountant s team) Audit & Security & Investigation - Audit Technology Global Wealth & Insurance Financial Analyst Canadian Tire Accounting Analyst Co-op Tax Analyst Credit Risk Analyst
15 Anticipated wage ranges Work Term Hourly Rate [Average] 1, 2 $14 - $16 3 $15 - $18 4 $18 - $22
16 Co- op Employment Process Promo9on Job Pos9ngs Students Apply Applica9ons Sent Interviews Selec9on
17 Co-op Fees and Payment Schedule YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 F W S F W S F W S F W S F WKT 1 5 WKT WKT 3 WKT 4 * $375 $750 $750 Total Co-op Fee $1875 *The first installment of $ is non-refundable
18 Co-op Office Services Establish and build relationships with potential employers Prepare students for their co-op job search (resume and interview advising etc.) Manage the employment process to help as many students find work as possible Visit/monitor co-op students and employers during work terms Assist Ryerson schools and departments in the development of co-op programs
19 More information 101 Gerrard St. East (at Mutual) 9:00 AM 12:00 PM and 1:00 4:00 PM
20 School of Accounting & Finance Co op Admission Process September 2014
21 Admission Process Minimum CGPA requirement in first year: 3.33 All first year ASV courses completed Interviews held to determine applicants potential for success This is a ONE-TIME opportunity
22 Admission Process Application, resume AND cover letter: Sept. 19 th, 5 p.m. in SAF office Applicants notified of eligibility by Sept. 26 th Interview Sign-up sheets available: Sept. 29 th to Oct. 3 rd. Interviews: held during week of October 6 th to October 10 th Admission Status advised by Oct. 15th Ryerson address required
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