September 2017 by Lazy Faire

SEPTEMBER 2017

SASKIA YUMNA

the international student experience

the ultimate asob crossword

BREAKING DOWN BUSINESS asob lingo 101 business degree vs. after degree finding the business club for you

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SEPTEMBER 2017

CONTENTS 7

SOCIAL STUDIES Breaking free of the brick

FASHION Splurge or Save

FYI Preppin’ for your first year in business

THOUGHT VS. THOUGHT Business degree vs. After degree

STUDENT SPOTLIGHT Saskia Yumna

EXTERNAL RELATIONS Davis Riar

CLUBS FAIR Be yo best self

GUEST ARTICLE New initiatives at the BCS

lf reviews

editor’s note

meet the team

the business crossword

interesting free electives

asob lingo 101

The Accountant 23 4

lazy chat Diane Jeon

cover designed by FATIMA MOHAMED cover photographed by DYLAN WEE

EDITOR’S NOTE It’s hard to believe that it’s already September. Weren’t we just ringing in the new year a couple of weeks ago? Although I’m going to miss bingewatching my favorite shows guilt-free, I’m excited to be returning back to campus. Whether it is your first year or your last, I’d like to welcome you to a year of new beginnings and possibilities. My name is Fatima and I’m the Editorin-Chief for the 2017-2018 academic year. New year new me mindset. Last year for me was all about trying new things and doing some self-discovery. Now that I’m geared with all this insight and experience, I’m prepared to follow my interests and passions and work on my goals. Just as always, nothing will go as planned (que the procrastination) but I’m optimistic that by the end of the year I’ll be able to learn from my mistakes and grow as a person. Being an

undergraduate at the School of Business has been a life-changing experience and it has inspired me to become my best self. In order to celebrate this amazing faculty, the theme for this issue is Breaking Down Business. The ASoB encompasses so many diverse people, opportunities and offerings, and Lazy Faire is here to help you navigate through it all. This issue highlights what makes the Business faculty what it is, and also showcases how it brings people of different backgrounds and aspirations together. Your time here is going to be quite the ride, it might be full of ups and downs, but here’s to making the most out of it.

FATIMA FARAH MOHAMED Editor-in-Chief

CONTRIBUTORS editor-in-chief

fatima mohamed

vp editorial

victoria chiu rodvie barnachea

writers

rahique um maktoom handoo meghan markowski lindsay rainbow matthew ryan elizabeth jun francesca dela cruz makena kigunda delicia goh michael mytrunec

vp art & design

fatima mohamed

designers

richard bagan betty vo marina bryan elysse peralta

photographers

renee yu dylan wee giselle wong richard chen

vp communications

haya masri

communications director

richard chen

multimedia director

richard bagan

events director

wajiha islam

vp external

elizabeth jun

#suitslf director

giselle wong

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diana wyley business alumni association

uofalazyfaire@gmail.com www.lazyfaire.com

art director

joanna faddoul 5

Meet the Team

Meghan Markowski

Writer

Hi, I’m Meghan and I’m in my second year at the School of Business, majoring in accounting. I love travelling and experiencing new cultures and ways of life. This February I will be leaving to go on an academic exchange to Vienna, Austria which I’m really excited about! Some of my favourite things to do are watch movies, bake, and go on runs in the river valley. I also like to do ammature acting in my spare time. I think spending time with family and close friends is really important and I try to make it a priority. My favourite time of year is Christmas. I make a huge turkey and host a Christmas potluck with my friends! I’m super excited to be on the Lazy Faire team and can’t wait for what this year will bring!

Richard Chen

Communications Director/Photographer Food. I love it.

That’s pretty much the only way I can start off a bio about myself. My size might say otherwise, but I enjoy eating out often and trying different restaurants. I am super excited for the new eateries popping up around Edmonton, and there’s a high chance you’ll catch me at any grand openings you might hear about. I also like trying my hand at new hobbies whenever I have free time. My latest have been photography and 3D sculpting. At this point you might be wondering what I’m actually doing here at the ASoB. I’m an Accounting major heading into my last year! I’ve definitely enjoyed my time here thus far, but I’m also excited to get out into the professional world, and for me - that means joining the team at PwC!

Marina Bryan

Writer/Designer

I’m a marketing student in my fifth year, and have been writing and designing for Lazy Faire for the past two years. This is my last back-to-school September, so here’s a summary of my time at the School of Business: I’ve gone to lots of ‘networking’ events, attended a couple of conferences, joined some clubs, worked a few co-op terms and will cap it off with a semester abroad. For the first year business students – don’t sweat it! You’ll get there eventually.

My favourite things in the world are dog instagram accounts, taco tuesday’s and dance parties. Follow me on instagram at marina_bryan. (Especially if you post pictures of your dog).

written by FRANCESCA DELA CRUZ designed by JOANNA FADDOUL

SOCIAL STUDIES

Breaking Free of the Brick: How the World of Retail has Changed Constant connectivity, cutting-edge technology and the ease of accessing data using the internet have transformed the world of retail. Gone are the days where one has to physically be in a store in order to purchase goods and services. Now one can buy almost anything with the click of a button. The distinction between online and offline shopping has diminished: You can browse stores all over the world from the comfort of your own home anytime. Here are a few ways retailers have revolutionized since then. Consumers today value fast, friendly, and convenient. In this fast-paced world, at times having time to go shopping is next to impossible. People want to get their products or services delivered to them as quickly and efficiently as possible. Retailers like Amazon, Walmart, and Apple have been leading the pack in the ecommerce industry. The user-friendly interface, speedy checkouts, and reliable delivery services are the qualities consumers seek that convert them into loyal customers of the brand or business.

Brick-and-mortar stores may not be enough. Consumers want more than just a transaction. Shopping has become more of an experience. Excelling in in-store atmospherics and online interaction are a few key must-haves in today’s competitive retail industry. Retailers have now realized that using an omnichannel approach is best to attract and retain customers (balancing physical stores, catalogues, and websites). On top of that, customers want more options to enhance the comfort of shopping. For example, Rayban’s virtual try-on feature allows anyone to try on different pairs using their webcam and creates a personalized experience for each person.

Shoppers are more knowledgeable. The accessibility to information about different products aids the consumer in reinforcing their purchases. Traditionally, the only source of this information came from the sales staff. Now, customers often enter stores armed with knowledge about product availability and price discrepancies. Full product transparency is becoming the norm as consumers are warming to mounting trends like ethical consumerism and sustainable products. 04

Mobile devices drive traffic. It’s extremely convenient to pick up a device and use it to browse and compare different product choices, variety, and prices in various stores. This also makes it more competitive for retailers and increases the likelihood of price wars. According to Statista, more than 4.77 billion people have mobile phones. This can be used as a leverage in gaining market share by the use of interactive marketing tools and media to effectively communicate products, promotions and offers to the public. Consumers’ opinions matter. With the rise of online review sites like Tripadvisor, Consumer Reports, and Yelp, positive and negative reviews of certain products and services are put out for the world to see instantly. These can make or break a lot of products’ success. As our environment intertwines with the digital world, big players and forward-thinking retailers know that at the end of the day all of these advances should be combined with smart marketing, research, sales, and— most importantly—excellent customer service. Beneath digital screens, consumers recognize greatness where it lies—in retailers doing a great job giving them exactly 7 what they need and want.

FASHION

Splurge or Save

written by MEGHAN MARKOWSKI designed by MARINA BRYAN

Let’s get down to business… the business of fashion that is! As a seasoned second year in the School of Business there is one thing that I know for sure: everyone needs a suit. Yes, women too. The question is: what should you look for? This would have been the question that kept you up at night, but lucky for you I’ve got the answer! You’re welcome! *insert Moana’s Dwayne “The Rock” Johnson’s voice here*

Items to Splurge On

For women , blouses and jewellery are things you can save on. Both these items liven up your outfit and make it unique to you. I recommend trying to save as much as you can on these items to ensure you have enough options to fit your every outfit needs. As well, most of the time you’ll be wearing your blazer over your blouse so the quality and fit of it is not as essential as that of your blazer & dress pants.

For men, dress shirts and ties are things you can save on. Just as blouses and jewelry liven up women’s outfits, dress shirts and ties liven up mens! Again, having a good selection of ties and dress shirts ensures that you can always find the outfit that suits your mood (see what I did there).

Items to Save On

First let’s talk about blazers (suit jackets for men). This is an article of clothing to splurge on. For those that are buying their first blazer, get it fitted and get it black. There’s nothing worse than an ill fitting blazer—it’s not flattering and you won’t feel good wearing it. A nice blazer is often pricey, but what you’re paying for is the fit; expensive blazers are higher quality and have better seams that will flatter your body. You’ll also want to look for a blazer that’s black. You’re in business now, so each semester you’ll have multiple class presentations that all require you to wear a blazer; a black blazer will go with all of your outfits and will save you the trouble of making sure your colours don’t clash. 8

Now, dress pants. This is a splurge item too. Again, get them fitted and get them black. Just like your blazer, you will want your dress pants fitted—not too loose and definitely not too tight. It’s important to note that dress pants don’t fit the same as jeans; the cut and seams really matter and will make or break your outfit. The same points for blazers apply to dress pants! For the women who love to wear pencil skirts and dresses, I still recommend having a nice pair of dress pants. Throughout your time at the School of Business there will be many times when you will have to wear professional clothes for an entire day, and you will be glad to have worn pants on those days, trust me.

preppin’ for your first year in business

FYI

If you’re new to the School of Business, then this article is for you. Read on for tips, tricks, and cynical warnings for classes you’ll probably find yourself in sooner or later. I can’t guarantee these tips will boost your GPA, but they should prepare you for the next few semesters.

written by MATTHEW RYAN designed by RICHARD BAGAN

BUS 201

the whole range of emotions in You’ve probably heard warnings this class: you’ll laugh in every about this class already, but here’s lecture and cry in every exam. But it’s worth it, I promise. my take: Be a good teammate. Your teamwork (or lack thereof ) will make (or break) this class BUEC 311 for you. Also remember to I hope you didn’t throw away get your group photo taken at your ECON 101 notes. To Lazy Faire’s Power, Point & calm your nerves before the Shoot! after your business plan midterm(s), quietly recite to presentations. At Power, Point yourself, “If it’s not on my & Shoot!, you get a professional formula sheet, then I don’t headshot in exchange for a small know it.” donation to charity.

ACCTG 311

If you’re not good at math, don’t sweat it! Accounting only requires basic mathematics. However, this class is still one of the most challenging first-year business classes you’ll take. Just remember: debits on the left, credits on the right, and then ride the curve for all it’s worth.

B LAW 301

You’ll leave these classes with more questions than answers. The textbook is probably your best friend. And if you’re lucky enough to have Douggy P. for an instructor, then you’ll get

OM 352:

midnight. Sorry in advance.

MARK 301

Two midterms and a final. All multiple choice. You know the drill.

MGTSC 312

The Faculty of Business tries to be clever by disguising a statistics class with the name “Management Science.” On the bright side, if Microsoft Excel scares you, then this class will help conquer that fear.

Operations Management classes are as polarizing as cilantro: some people love it, but SMO 310 many can’t stand it. My advice: I was once accused that don’t skip the labs. “business school isn’t real” because we spent an entire SMO class making paper airplanes MIS 311 to demonstrate teamwork. This might be the least business-y Needless to say, if you show up class in the Faculty of Business. to class and put in some effort, Fair warning: the assignments you’ll be just fine. can be tedious. Seriously, don’t procrastinate with these things. To add insult to injury, most FIN 301 of the assignments require I hate to burst your bubble, but software that’s only available this class won’t turn you into the on the basement computer next Warren Buffet. This class labs, so you’ll be stuck in is absolutely worth the effort, 9 these (windowless) labs past though.

THOUGHT VS. THOUGHT

BUSINESS DEGREE written by LINDSAY RAINBOW

Starting university is hard. There are so many decisions you have to make, and arguably the most important one is what program you want to be in. I have known for a long time that I wanted to pursue business – I never felt at home in university until I became a part of the business faculty. However, not everyone knows the path they want to pursue right from the beginning, and that’s okay! As someone who has encountered all types of people during my four years of university (thumbs up for that fifth year victory lap!), I think I can pretty safely argue that if you’re debating between a four-year BCom degree, and a two-year BCom after degree, hands down, you’ve gotta go with the fouryear program.

well, what they don’t have is time. As they say, time is money, and in this case that is definitely true. More time to gain the experience and confidence to apply for these coveted positions (and to gain understanding from each experience before moving onto the next one) means better job prospects when you enter the workforce. More experience and better prospects = higher earning potential (hello, six-figure salary!), and that will take your hard-earned tuition money so much further in the long run. When I hear people debating between business at the U of A and business at MacEwan, I passionately urge them to consider what kind of opportunities are available at the Alberta School of Business. It really is like no other program, in no other faculty, at no other school. I’ll be honest: I’m completely biased and I believe The size of our faculty and the copious number of that a business degree is the most valuable degree you opportunities means that there is literally something can get at university. Not just because of the tangible, for every single student. technical, and practical soft skills you can gain, but also because of the experience. Business is one of the Maybe you don’t care about building friendships, smallest faculties on campus, and also one of the most and you’re not a money-hungry capitalist (if that’s close-knit. It’s a guarantee you’ll make at least one the case, I’m curious to know how you wound up lifelong friend in your cohort, if not fifty of them. in business…kidding!). But looking at time, dollars, You’ll carry these friends with you throughout your and opportunity cost, it will cost you much more three years in business, and these will be your most to do a two-year BCom after degree because you’ve priceless future networks. You wouldn’t get nearly the already completed a different 4-year program than same experience in a two-year after degree program. a traditional four-year BCom degree. Six years of school total vs. four years of school—I know you can If you’re thinking “I already have friends, I’m here to do that math. From the anecdotal knowledge I have learn,” then I’m sure you know that the most valuable of students who have gone through other faculties learning experiences do not happen in the classroom. and then decided to do a BCom after degree, it’s Business is ripe with opportunities for hands-on because they wanted valuable, sought-after, hirable experience from co-op to clubs to internships and skills. Maybe their four-year program was interesting numerous volunteer opportunities. The Alberta to them, but it couldn’t get them a job. If you’re a School of Business is one of the most well-connected pragmatic person then you’ll understand: less time, business faculties, and while someone in a two-year less cost, and a degree that might as well put a sign program would have access to these resources as on your face that says “hire me”? All roads lead to yes. 10

vsVS.

AFTER DEGREE

The Alberta School of Business after degree program is essentially equivalent to a four-year bachelor’s with one exception: it takes half the time. Have you ever pondered whether the platitude of political science free electives your friend took in 3rd and 4th year could have added up to dual diplomas? The answer is, they very well could have. Graduates who have completed a bachelor’s in a non-business field of study are eligible to apply to the Faculty of Business’ two-year after degree program, offering a chance to gain two degrees within a six-year time span. Compared to other after degree programs offered at the University of Alberta, the business route is one of the shortest. That also means you’re paying those market modifiers for two years instead of three. While the four-year degree works well for students who enter university with their hearts set on becoming the next Warren Buffet, the after degree program provides others who are less sure, or interested in more than one field, the best of both worlds. I had a chance to ask Saba Kaidani, an after-degree student with a marketing major about her experience and one key descriptor stood out: amplified. An after degree is fast. It’s fun. And it encompasses all the benefits and opportunities of a traditional Bachelor of Commerce. With a chance to pursue cooperative education, access BSA services, and join ASoB clubs, the after degree program provides a complementary skillset to one’s founding degree, positioning students at a competitive advantage.

written by MAKENA KIGUNDA

It’s no secret that in today’s market, interdisciplinary strength sets you apart. Chat with an industry professional in investment management and they will articulate the demand for finance graduates with hard skills in software programming. Another key advantage that comes with being an after degree student is maturity. Entering the Alberta School of Business after completing a four year degree is different than a biz kid cruising into their second year of post-secondary. With study skills and street smarts built over the course of a previous undergraduate career, afterdegree students are better equipped to manage the stress and curveballs university life brings. Lastly, the year gap between the two undergraduate experiences may not be as distinct as it seems. Many students choose to extend their bachelor’s by a year or two, while an after degree allows you to receive dual recognition for your extra time on campus. Ultimately, the after degree programs allows students to become jacks of two trades, masters of both. Now if you’re part of the bachelor cohort, don’t get worked up. I am, too. It’s hard to admit that the after degree program may be equivalent, if not better, than your 4-year degree. Just remember, at the end of the day, we’re all working towards something special. It’s not personal, it’s just business. designed by BETTY VO

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STUDENT SPOTLIGHT Saskia Yumna is a member of the University of Alberta Accounting Club, the JDC West International Business team, and the Leadership Certificate Program, and that’s just the icing on top of her long list of accomplishments. She seems right at home at the Alberta School of Business, so much so that it is a bit surprising to know that she moved to Alberta just two years ago, all the way from Qatar! Saskia embodies what the modern day business person should be; someone that embraces diversity and appreciates the value that each culture has in our globalized economy.

saskia yumna.

What’s your major and why did you choose it?

My major is Operations Management. I actually only switched to an OM major this past year after becoming more in tune with my interests. I wanted to become more technology literate so that I could navigate things like artificial intelligence in the future, and I felt that the OM major did a good job of teaching students this. What has been the biggest challenge you’ve experienced as an international student? The biggest challenge I’ve experienced has been internal, like guiding myself to know right from wrong. As an international student I think my experience has been positive overall because I stepped out of what my culture taught me is right and wrong so I could fully experience Canadian culture, but when I am in that grey area I have had to define for myself what is right and wrong—that has not always been easy. What is business like in Qatar? Business in Qatar is all about connections, just as it is here in Canada, although it’s quite different in that it’s harder to build your network due to barriers such as race, wealth, and power. I don’t see that as much in Canada. In Qatar there are more barriers to entry and the economy is ruled more heavily by multinational companies

than local businesses—entrepreneurs are not encouraged the same way as they are in Canada. To start a business in Qatar, for example, a Qatari National has to have a 51% stake of ownership in the business, and it is a long process. Labour laws in Qatar are also not the best because the country uses a system that ties employees to their employer, which makes immigrant families like mine and many others feel very unsafe during economic downturns. What advantages are there to being an international student in the Faculty of Business? Growing up around many different cultures helps to develop your ability for contextual understanding, so I find that often international students have an advantage in analysis. International students can be very critical of a situation in a way that contributes to discussions in business, because their international experience makes them very observant people. Is there anything you wish local students would better understand about being an international student? I see this improving now, but I wish local students were able to better appreciate the decisions an international student has to make to come to the U of A. Sometimes local students have presumptions about why an international student is here because when you are born, raised, or have any connection to Canada at all, the set of decisions you make to come to the U of A come naturally. The idea that someone makes the choice to come specifically to North America—Canada—Alberta—Edmonton— et cetera—is hard to internalize for some, and I’ve had missed opportunities to connect with people because they have made those assumptions. What was the biggest challenge you faced when you moved to Canada?

Besides what I had mentioned earlier about internal struggles and the occasional homesickness, I wouldn’t say I had any other major challenges. I had lots of little surprises, though, because there were so many cultural things I didn’t know. I had no idea you could flush toilet paper down the toilet! [That’s] not a thing where I’m from. I also wasn’t used to people being so open with strangers—that took a while to get used to. You’re on the U of A’s international business team for JDC West 2018. How important do you think it is to be educated in international business? So important. You wouldn’t ask an engineer today if they could do math; I think in the future you won’t ask people in business if they understand the global economy. It’ll just be expected.

learned in any classroom or situation if you have the intention to grow. What do you think life at a Qatari university would be like for a Canadian student? I think Canadian students would be very uncomfortable at the start, to be honest! They would have difficulty adjusting to Qatar’s conservative culture. The racial, religious, and gender divide in Qatar may feel oppressive to a person who has lived in Canada’s open culture their whole life. The weather is also extremely hot. At the same time, I think a Canadian student would gain so much… just as I have coming here.

You’re in the Leadership Certificate Program. Is there anything you’ve learned about leading in a diverse world? I learned that you should always chase the voice in the room that you disagree with the most because you never grow from being right. The Leadership Certificate has been a great incubator to allow me to learn this, but I think the lesson itself can be

written by MEGHAN MARKOWSKI designed by FATIMA MOHAMED photographed by DYLAN WEE

EXTERNAL RELATIONS

DAVIS RIAR Davis Riar is a recent Alberta School of Business graduate who has found success with Portage Marketing, a company that was started this past summer with co-creators Luke Melenberg, Daylan Romaniuk, and Graeme Arnison. 14 14

Can you tell us a little about yourself ? I just graduated university back in April. I did my prerequisites here at the U of A in Physical Education, went to MacEwan for a year, and then came back for my third, fourth, and fifth years here at the Alberta School of Business. I took a different route than most. Can you talk a little about your involvement within the Alberta School of Business? I was involved with UAMA as the Director of Communications, VP Communications, and later on as Co-President, and I was also a member of the JDC West MIS team. Going into my fourth year, I became a part of the Leadership Certificate cohort, and in my final year, I got involved with the BSA as the Vice-President of External Relations. I continued to do a lot of case study competitions, coming back to JDC as part of marketing team and also doing the Chulalongkorn International Business Case Competition in Thailand at the end of the year. It was a good way to finish off my degree with some practical experience, and it has given me the opportunity to work on different business problems abroad. How did you manage to balance everything? I just found myself really productive at school. I realized that if I had a meeting that was late at night, I could just work here the entire day, and everything I needed was here at school. Whether it was a student group project or something along the lines of school work, spending a lot of my time at school was always a great part of my undergrad. What have you been up to following your graduation this past April? A couple of friends and I started up a company called Portage Marketing—we actually modelled it after the case competitions we were doing through our undergrads. We had this opportunity to solve complex business problems by diving deep into a business’s challenge in 24 hours and provide tangible recommendations that could improve the business. We realized that this could be a model for our business, where we actually provide insights on how to solve complex marketing challenges in 72 hours. So we decided to try this out for the summer to see what it would be like. What does your market look like? Our focus is across Canada. Some of the more notable clients that we’ve worked with are Farm Credit Canada

in Regina, the Edmonton International Airport, and we’re heading back out to Regina to work with Agriculture More than Ever. So we’ve really tapped into the agriculture sector, the tourism sector, and the professional services sector. What are some of the strongest assets that the ASOB has provided you with? The ability to learn and solve complex problems, on the fly. So case competitions were extremely valuable for that. As well, the interpersonal skills; being able to pick up the phone and cold call clients, and actually turn that client into a sale is something that the ASoB has definitely taught and put me in situations where I’ve learned and understood that. The school has done a really good job of providing us with not only the soft and conceptual skills, but also the technical skills to really work well in the marketing consulting industry. How did you balance school, extracurriculars, social life, etc..? I found that a lot of the people I was associating with were the colleagues I was working with at the ASoB. So your friend group begins to redefine itself, and it’s really great to see how the people that you’re working with, and the ones who are so driven and have a motivating attitude, are the ones that you’re spending a lot of time with. The balance came quite naturally and there would often be a blurred line, seeing as how you’d be working on a group project or a student group project, and then going out and meeting the same friends for drinks afterwards, and I really preferred it that way. What’s your advice to students at the ASOB? Nothing is permanent, so taking a shot at something is the best thing that you can probably do for yourself. A lot of the things that were done here at the ASoBwhether it’s student groups or case competitions- while it’s great to be successful at them, they’re made for the primary experience of giving individual students the learning experience. I think those experiences really shaped who I was throughout my undergrad. What was your favourite study spot? Dewey’s or the business lounge… But also, to future students; do not study at Dewey’s or the business lounge. written by ELIZABETH JUN designed by FATIMA MOHAMED photographed by GISELLE WONG 15

CLUBS CORNER

BE YO BEST SELF :

Getting Involved Outside the Classroom

There are a number of reasons as to why you should make the most out of your undergraduate degree by participating in extracurricular initiatives. Not only do you get a chance to gain hands-on experience both within and outside your field of study, you can meet new people, and find out what makes you passionate. The Alberta School of Business has a lot to offer, and we’ve broken it down for you:

BUSINESS STUDENTS’ ASSOCIATION (BSA):

The BSA is the faculty association for the Alberta School of Business, and is made up of elected officials that represent the undergraduate student body. From a mentorship program, student tours of large industry companies, funding to attend external conferences, and regular events throughout the year, the BSA offers a variety of resources and services. To learn more, visit www.bsaonline.ca. To chat with one of your reps, drop by the BSA during open office hours, Monday through Friday, from 11am to 2pm on the 2nd floor of Business.

COOPERATIVE EDUCATION STUDENTS’ ASSOCIATION (CESA): For students pursuing a cooperative degree, CESA is a student association that helps you transition from books to the boardroom, hosting a number of events and channels for mentorship, networking, and launching your career. To learn more, visit www.cesaualberta.com/

DISCIPLINARY BASED CLUBS are a great way to connect

with industry professionals of various fields, access developmental tools, and explore disciplines within or outside your major. • University of Alberta Human Resources Management Association (UAHRMA) https://www.uahrmaonline.ca • Business Finance Association (BFA) www.uofabfa.com • University of Alberta Real Estate Club (UARC) www.uarc.ca • Strategic Management & Organization (SMO) Club www.smoclub.org • Operations Management (OM) Club omclub.ca • Management Information Systems (MIS) Club www.uofamis.com • University of Alberta Accounting Club (UAAC) www.uaac.ca • University of Alberta Marketing Association (UAMA) www.uama.ca • Club de Commerce Bilingue (CCB) @ualbertaccb on social media

written by MAKENA KIGUNDA designed by BETTY VO

EXCHANGE BASED CLUBS

are great if you have the travel bug and love to explore. These programs offer business students the opportunity to study, volunteer, and intern abroad. Business Exchange Association (BEA): The BEA provides study abroad opportunities and international cultural exchanges. With over 40 destinations, and partnerships with world renowned institutions, this is a great way to travel while completing your undergrad. www.uofabea.ca AISEC: This international student organization helps shape student leaders by providing opportunities to intern or volunteer abroad in over 120 countries. www.aiesec.ca

ENTREPRENEURSHIP BASED CLUBS are great for building hands-on skills, whether that’s launching a product, starting a business venture, or developing an entrepreneurial mindset. Enactus: This student group focuses on building businesses based in social entrepreneurship. From developing sustainable products lines to launching a consulting firm, Enactus offers a range of hands-on business skills. www.enactusuofa.com eCLUB: This membership based club is partnered with the university’s start-up incubator, eHUB, providing students access to resources to launch their own business idea, or learn from those who have. www.eclubedmonton.com

CONFERENCE BASED CLUBS

are a great way to meet students from various post-secondary institutions across Canada and offer a range of activities from workshops to keynote speakers to networking with corporate professionals. Network of Empowered Women: In March 2018, the sixth annual NEW conference will be held in Banff, Alberta inviting student delegates and inspirational industry leaders from across the country to start discussions around gender parity and female empowerment. www.ualbertanew.ca

written by KARA HAUCA

Rocky Mountain Business Seminar: Going on it’s 53rd year, this skills, and network with an interdisciplinary of professionals. designedmix by MARINA BRYAN annual business conference hosts students from across North America in Jasper, Alberta over Winter Reading Break, offering Business Leadership Club (BLA): Expand your leadership exclusive networking and learning opportunities. www.rmbs.ca potential by engaging with the events hosted by the BLA, whether that’s corporate networking or skill based workshops. COMPETITION BASED CLUBS are a great way to develop www.uabla.com your presentation and technical skill-set while competing within tight deadlines, and providing recommendations on real-world Business and Beyond Toastmasters Club (BBTC): Want to build your public speaking skills within a challenging, but safe, business scenarios. environment? BBTC offers students the opportunity to master the EDGE Business Competition: Hosted by the University of art of public speech. www.bbtc.ca Alberta, EDGE is a business competition that tests participants’ wits while tasked with solving real problems for real companies. The Piggy Bankers: This club is for those who wish to harness their knowledge and understanding of financial literacy and personal www.edge-uofa.com finance. www.uofapiggybankers.com

Alberta International Business Competition (AIBC): Alberta’s premier and only international business competition, AIBC is CONSULTING BASED CLUBS are great if you would like to hosted in Jasper over Fall Reading Week, bringing in delegates develop a career in consulting, learn more about how to analyze business complexities, and offer back holistic and insightful from around the globe. www.aibc.club solutions. Alberta JDC West: Western Canada’s largest case competition, embodying multiple categories in academia, debate and sports, Interdisciplinary Consulting Association (ICA): The ICA is an JDC West offers a once-a-degree experience. www.albertajdcwest. interdisciplinary student groups that offers resources, workshops, and hands on experience in developing skills related to management com consulting. www.uofaica.com Alberta Energy Challenge: Going on it’s 8th year, this case competition focuses on Alberta’s primary economic source: the constantly evolving energy sector. www.albertaenergychallenge. And don’t forget us: LAZY FAIRE MAGAZINE! We’re a magazine com created by Business students for Business students. Every month we roll out a new issue, keeping you updated on the COMMUNITY BASED CLUBS are great if you are passionate biggest and brightest in business. www.lazyfaire.com about addressing social issues, and building up the communities How to get Involved: There are numerous ways to get involved! around us. Clubs Fair is a great start, but also look out for information sessions, student group newsletters, and Facebook groups you Alberta Non-Profit Association (ANPA): A student group for can join to learn more about involvement opportunities. those interested in making an impact in the nonprofit sector, What’s the right club for me? Understanding your core values ANPA offers unique events, including a case competition. www. is a great first step in figuring out the student group that may anpaualberta.ca be the right fit for you. Do you value community? Leadership? Making friends or learning more about your discipline? Once 5 Days for the Homeless: An annual fundraiser where business you know what you’re looking to get out of your involvement students experience the challenges of living without proper experience, it will easier to narrow down the activities you wish shelter. This initiative brings awareness to poverty within our local to pursue. community. www.5days.ca/schools/uofa/

PROFESSIONAL DEVELOPMENT BASED CLUBS

are great if you’re looking for an opportunity to develop key business

Keep in mind, however, that while it’s great to join clubs that match your goals and interests, it can be just as valuable to try something outside of your comfort zone or area of knowledge. Engaging in new experiences is what university is about; you never know what might shape your undergrad career!

GUEST ARTICLE

NEW INITIATIVES AT THE BCS As a student at the Alberta School of Business, you have access to a very broad range of activities and programs that are all aimed to help develop your skills and capacity to become a professional upon graduation. You will hear over and over again that if you want to have the best chance at employment upon graduation; it isn’t enough to just do your courses. Therefore, you need to become involved in a variety of co-curricular activities, build a professional network, volunteer, and find work experiences through Coop or Business Career Services (BCS). The School of Business is always looking for new ways to enhance co-curricular experiences for its students. Beginning in September 2017, there are several new initiatives happening within the BCS which are aimed to enhance professional development programming and student opportunities in employment.

Interview Preparation and Mock Interview Program BCS has signed a license agreement for “InterviewStream”. This training module allows students to have unlimited online interview practice, where they access thousands of practice questions and interviews, record and evaluate their own practice interviews (or forward to their friends/mentors for their feedback). Students will have unlimited access to these practice questions and interviews, and the system will be operational 24/7/365. Once students have practiced on their own with the system, they will be eligible to then participate in a “Mock” Interview, where their interview video will be assessed by a business professional.

Mentorship Program Building a professional network is a critical strategy for any young business student. With a broad network, you have access to information and insight with which you can better guide your career 18

development. Starting in October 2017, you will be hearing about the “Alberta School of Business Café”. This is another new program investment being made by the School of Business through BCS, where students will be connected with business professionals, alumni of the School, and employer partners, in a mentorship relationship. You may simply have a few questions you want answered by someone who works in the field or industry you are interested in. Or you may want to find a mentor to give you long term guidance or an opinion on your own professional goals. By joining, you will open up the doors to meet many new and interesting people

Employment Engagement Coordinator There will be a new face in the BCS/ Co-op office starting in September! We are hiring a new staff member whose sole role is to develop and nurture the employer relationships that are so important to the School and our students. Through the actions

of the Employment Engagement Coordinator, we anticipate seeing more job postings from a wider variety of industries and companies, more Corporate Information sessions, and better support for student and club activities. We’re excited about this new role and how it will bring measureable growth to the employer engagement opportunities for the students. As always, the BCS programming comes at NO COST to students. InterviewStream and The Alberta School of Business Café are just the newest additions to our diverse programming. Make the best use of these resources by engaging EARLY and OFTEN with the BCS. Check us out by visiting Bus 2-21, M-F 830-430, or at www.ualberta.ca/business/careers/ business-career-services written by DALE MCNEELY Director, BCS and Cooperative Education designed by FATIMA MOHAMED

THE BUSINESS CROSSWORD Across

4. The bane of every first year’s first semester 5. ASoB’s biggest major 7. Another word for someone who runs their own business 9. Most business students’ lifeblood. 12. For all the aspiring accountants and tax enthusiasts 13. As the legendary Barney Stintson says, ‘____ up!’ 14. You’re part of this and so are we. You might say all business students are part of this association written by VICTORIA CHIU designed by FATIMA MOHAMED

Down 1. Something everyone wants to do, but also the name of OM majors’ favourite Microsoft Office program 2. A certain annual mountainesque business school seminar 3. An important and oft-overlooked part of workplaces. Hint: This department hires, fires, and manages people. 6. ASoB’s current dean’s last name. 8. Where entrepreneurial dreams can become reality. Located in HUB 10. The business motto: Work hard... 11. In English, these are the business games. You can’t get more literal than that

1. EXCEL 2. RMBS 3. HUMAN RESOURCES 4. BUSINESS PLAN 5. ACCOUNTING 6. DOUCET 7. ENTREPENEUR 8. EHUB 9. COFFEE 10. PLAY HARD 11. JDC 12. TAX CLINIC 13. SUIT 14. BSA

LF REVIEWS

THE A recent UK survey listed accounting (yes, accounting) as the most attractive profession for men. The Accountant, directed by Gavin O’Connor, should add “exciting” to that sentiment. The Accountant opens with an action scene that would appear more at home in a trailer for Grand Theft Auto than a movie about crunching numbers. Christian Wolff, the main character played by Ben Affleck, is depicted storming through a house of mobsters and sparing nobody inside. Early on it becomes apparent that the film’s title is a façade, as the focus is on action rather than transactions. The screen instantly cuts to a flashback depicting a scenario from Wolff ’s childhood. These flashbacks are sprinkled throughout the film and give insights into how Wolff ’s upbringing and environment influence and explain his actions. We learn that Wolff ’s father is a rigid man in an environment that should be flexible: an army officer who neglected the opportunity for Wolff to spend a summer with an autism specialist because “if loud noises and bright lights scare him, he needs more, not less.” Wolff ’s high-functioning autism is referenced throughout the film as both the cause of his difficulties with social interactions and the catalyst for the diligence and focus that

T N A T N ACCOU makes him such an effective financial consultant. As the film says, “He is not less than, he’s just different.”

demonstrates would be an asset to viewers who want to grasp the entire film in a single sitting.

We immediately learn that The Accountant is a man on the run, that his former clientele range from the mafia members to Mexican cartels, and that he sheds aliases and flees town on a dime. His pursuit by the US Department of the Treasury is concurrent with that of a hitman named “Brax,” whose mercenaries force Wolff to abandon his latest cover as a small town CPA and take on a project for a Chicago tech firm. It is here that Wolff unearths a financial fraud that digs him deeper into the world of hit men and dark money. Drama, plot twists, and action ensue with enough flair to satisfy the most die-hard James Bond fan and sufficient financial intrigue to please those who prefer corporate bonds.

The idea for the film was refreshingly different coming from a movie industry that revels in familiarity. If you are tired of remakes, reboots, and sequels, The Accountant is worth a watch. That said, Wolff could be characterised as an action hero who happened to be an accountant, rather than a blend between the two, which leaves one wondering whether his profession was a gimmick to set the film apart.

Overall the film is entertaining, the idea is different, and the plot requires a referral to audit. The two hour runtime is wholly imperfect in that it feels too long to keep the viewer consistently captivated yet too short to dive into the side plots and auxiliary characters whose details only skim the surface. The intense attentiveness that the main character

Lastly, I feel compelled to commend the director for writing off the “boring accountant” stereotype that permeates pop-culture and creating new connotations of intrigue and allure. If my accounting classes appear extra full this fall, Gavin O’Connor will be to blame. If anyone was expecting IFRS they would have been let down; however, unexpected action and excitement are assets in my books. Watch it once if you want to enjoy a movie, twice if you want to understand the movie, and three times if you’re procrastinating that cash flow statement that is due tomorrow.

written by MICHAEL MYTRUNEC designed by MARINA BRYAN

INTERESTING FREE ELECTIVES

One of the best things about pursuing a Bachelor of Commerce degree is the ability to take a wide range of courses. If you’ve checked out your program flowchart you must have noticed the number of free electives you’re allowed to take. Finding interesting electives can be very daunting which is why Lazy Faire is here to help. Here are some recommendations from the team on some fun non-business classes you can add to your schedule.

ENGL 384 Popular Culture: Reading Popular Texts If most of your relaxing time is spent on Netflix and you’ve thought to yourself, man I wish there was a class about Netflix, I would ace it. God has answered all your prayers. I loved this English class because we basically sat there and dissected the cultural connotations of my favourite shows. Apart from the essays, our weekly homework was watching episodes of the shows we were going to discuss. I don’t think I have to say anything else to sell this class. Rahique Um Maktoom Handoo

POL S 261 International Relations

PALEO 200 Dinosaurs and the Fossil Record

Want to pretend that you’re Kim Jong Un? Donald Trump? Of course you do. The most interesting non-business class that I have taken was Ashley Esarey’s Pol S 261. The course explores interactions between state and non-state actors and touches on topics such as globalization, war, and trade. It concludes with a week long International Crisis Simulation where students are assigned roles and graded on their participation in acting out and resolving a simulated crisis.

In my first semester in Business I took Paleo 200, also known as Dino 101. Although we are business students, many of us have an interest in studying Sciences. The course is offered online and besides the fact that it was very easy, it was exciting to learn about all the different types of dinosaurs and what they might have looked like. The course walks you through the research and records of dinosaur fossils that were discovered over the years. Also, many of the paleontologists lecturing in the videos are professors that do research at the university.

Michael Mytrunec

Joanna Faddoul

PAC 355: The Theory and Practice of Yoga

ART 322 & 323 Printmaking: Introductory Studies I & II

What’s a good way to relax, gain good posture and 3 credits towards your degree? PAC 355. This course is a combination of the physical practice of yoga and the rich history and theory behind it. Having no experience with yoga, I went into the class very intimidated. Soon, I found that my fears were invalid. The class is for beginners and aspiring yogi’s and each posture has many different variations. The goal of the class is to explore your body’s potential no matter what your body type, you’ll be shocked by how strong you are. The professor, Katie Malone, is a true professional and kind beyond words. Wajiha Islam

In my third year, I tried to get into a Visual Communications Design class, but when it finally opened for business students, the only class available was printmaking. Although it wasn’t how I had planned to spend my year, the printmaking classes ended up being two of the best courses I have taken in my degree. Printmaking taught me a different way to approach design, and getting my hands dirty and using my brain in a new way was also great to shake up my schedule of marketing and business law classes. Marina Bryan

HECOL 241 Fashion Industries

I loved this course as it had an overview on the fashion industry and delved into its basic components - from the life cycle of trends to fashion sustainability. This class also had a weekly guest speaker from different fashion retailers. Founders of Poppy & Barley once did a presentation and it was one of the most inspiring classes I’ve gone to. Francesca Dela Cruz 21

written by RAHIQUE UM MAKTOOM HANDOO designed by JOANNA FADDOUL

ASoB L I N G O 101 Welcome to the Alberta School of Business! Let me be your guide so you don’t look like the doey eyed first year. Here is some ASoB Lingo that you’ll hear all around the faculty.

01 “Get involved”: You’ve probably already heard this a dozen times by now. But what do all these people mean when they tell you to get involved. It basically means to get a wholesome experience here at the ASoB that is not just limited to your academics. There are many ways to get involved like clubs, competitions, conferences and programs. Student clubs are a wonderful way of enriching your university career. There are almost 30 clubs at the School of Business for varying interests. However, don’t let the “get involved” message overwhelm you to the point where you think you need to be doing everything. Look at what you’re interested in and go for that! Step out of your comfort zone but don’t stretch yourself too thin!

02 Case competitions: This is another great way of “getting involved”. Case competitions are very popular in the faculty and it is where you try to solve problems for the company/business on which the case is built on. Case competitions enhance your quick decision making and teamwork skills.

Business plan (Biz Plan): You’re all going to be too familiar with this term very soon. Business plans are documents that lay out the details of a new business idea. Get your innovative caps on because you’ll soon be writing one for your BUS 201 class.

Recruitment: You figured out what getting involved is, so how do you actually go about doing it? Well if you’re looking to join a club, most student clubs hold recruitment for new members to join their club. Recruitment season is usually at the start of the school term in September or at the end in March, for next year’s team.

Biz Lounge: Second floor of the business building where you can find some of the student club offices and chill out with friends.

Information Sessions: This is exactly as the name suggests but what you don’t know is that it’s usually synonymous with free pizza.

Diane Jeon

LAZY CHAT

If you’ve ever met Diane Jeon, you’d know that she is an amiable and spirited person with contagious positive energy. Diane is currently in her third year of studies with an HR major and a minor in International Business. Being an outspoken and empowering individual, she is also the current VP of Marketing and Communications for AIESEC, a student-run organization that cultivates leadership development through international exchanges. Recently, Diane’s notable Self- love project has instigated awareness from all around social media. What is the Self-love project and when Changing people’s perspective on did you start it? themselves is hard, what is your best advice for people on how to embrace I started the Self-Love Project in self-love? March, where the premise was, and still is, to ask individuals the simple Self-love is highly individualized, question of “what does self-love mean but my advice would be to develop to you?”. It began as just an anonymous or further develop a starting locus of google form submission, but a public personal value, and use that in your Facebook page was incorporated to decision-making. This locus shouldn’t showcase some of the insights through be confused with ego. Putting yourself stories and art. first is not meant to be selfish in the sense of putting yourself as above What inspired you to start the Self-love others, but to recognize your own project? inherent worthiness as a human being. To be honest, the beginnings of the Self-Love Project came from a 2:00 AM conversation with a close friend. We were both struggling to explain this concept of self-love, and I thought, we can’t be the only ones who were lost. And the more I explored it, the more I found that our fast-lane culture and generally distorted social media left little time or resources to develop selflove. I wanted to disrupt that.

I understand that self-love is a pretty broad term that varies from person to person. What does self-love mean to you?

Self-love to me is constantly evolving. However, my starting locus is allowing to be truly vulnerable. As in, diving deeper than simply accepting personality and appearance. I mean actually splitting yourself open at the raw core of your existence, and coming to terms with What is one challenge you’ve faced whatever you find there. It may seem during the course of your project? like bizarre mental gymnastics, but for me, it’s really grounding. One challenge I’ve experienced is individuals misusing the project as a way What is your ultimate goal for this to self-promote, and that’s inevitable project? with a public social media page. But the intention of shifting to Facebook My goal of the Self-Love Project is to was to expand beyond just my personal instill a strong foundation of self-worth circles, and to instigate reflection from in people so that they also recognize onlookers and conversation from the that everyone else is inherently worthy. skeptics - the actual work is all internal. In a world of division, there needs to be It seems paradoxical, but by promoting a fusion of two ideas: each culture and the message of internal navigation, I human being incredibly distinct, and hope to offset the superficial. each culture and human being entitled to equal and mutual respect. written by DELICIA GOH designed by FATIMA MOHAMED photographed by RENEE YU

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