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P-1 * * * 1-1 McGraw-Hill/Irwin Understanding Business, 8e © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Nickels McHugh McHugh Nickels McHugh McHugh * * Getting Ready for Prime Time PROLOGUE * * *

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Page 1: ****** P-1 1-1 McGraw-Hill/Irwin Understanding Business, 8e © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Nickels McHugh McHugh ** Getting

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1-1McGraw-Hill/IrwinUnderstanding Business, 8e © 2008 The McGraw-Hill Companies, Inc., All Rights

Reserved.

Nickels McHugh McHughNickels McHugh McHugh

**Getting Ready

for Prime Time P

RO

LO

GU

E

*

* *

Page 2: ****** P-1 1-1 McGraw-Hill/Irwin Understanding Business, 8e © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Nickels McHugh McHugh ** Getting

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*** Why Read Introduction?Why Read Introduction?

10.10. Minimum Wage Minimum Wage

9.9. Money’s Worth Money’s Worth

8.8. Professional Professional BehaviorBehavior

7.7. “Point & Click” “Point & Click”

6.6. Time Time ManagementManagement

5.5. “You know…” “You know…”

4.4. Grade Grade

3.3. Important? Important?

2.2. Big Dogs Big Dogs

1.1. Test!!! Test!!!

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Course SuccessCourse Success

• Value of Education-Flexible & Value of Education-Flexible & AdjustableAdjustable

• Prepare for Career- OptionsPrepare for Career- Options

• Assess Skills & PersonalityAssess Skills & Personality

• Professional Business StrategiesProfessional Business Strategies

• Professional BehaviorProfessional Behavior

• Do Your BestDo Your Best

• Make the Most of the ResourcesMake the Most of the Resources

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Comparing the Salaries of Comparing the Salaries of High School & College GradsHigh School & College Grads

$0

$200

$400

$600

$800

$1,000

$1,200

$1,400

1st 5th 10th 20th 30th

Years After Graduation

High School Grad. College Grad.

(In Thousands)(In Thousands)

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$0 $10 $20 $30 $40 $50 $60

HS- No Diploma

HS Graduate

Some College

Associate Degree

Bachelor's Degree

Master's Degree

Education and EarningsEducation and EarningsAverage Annual Earnings for Workers Ages 25+Average Annual Earnings for Workers Ages 25+

In ThousandsIn Thousands

(Source: USA Today)

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Professional BehaviorProfessional Behavior

• 11stst Impression Impression

• Good Good GroomingGrooming

• On TimeOn Time

• ConsiderateConsiderate

• ““Netiquette”Netiquette”

• Cell PhoneCell Phone

• PreparedPrepared

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Study HintsStudy Hints

• AttendAttend

• ListenListen

• NotesNotes

• Study PlaceStudy Place

• ReadRead

• Study GuideStudy Guide

• Flash CardsFlash Cards

• Online Learning Online Learning CenterCenter

• Old ExamsOld Exams

• SensesSenses

Page 8: ****** P-1 1-1 McGraw-Hill/Irwin Understanding Business, 8e © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Nickels McHugh McHugh ** Getting

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Test HintsTest Hints

• Sleep/EatSleep/Eat

• Necessary Necessary MaterialsMaterials

• RelaxRelax

• DirectionsDirections

• Read All AnswersRead All Answers

• Answer All QsAnswer All Qs

• Carefully Read Carefully Read T/FT/F

• Organize for Organize for EssaysEssays

• Review TestReview Test

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Time ManagementTime Management

1.1. Weekly GoalsWeekly Goals

2.2. ““To Do” ListTo Do” List

3.3. Daily ScheduleDaily Schedule

4.4. Prepare for Next DayPrepare for Next Day

5.5. Weekly/Monthly Weekly/Monthly SchedulesSchedules

6.6. Space Out WorkSpace Out Work

7.7. Defend Study TimeDefend Study Time

8.8. Time for FunTime for Fun

Page 10: ****** P-1 1-1 McGraw-Hill/Irwin Understanding Business, 8e © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Nickels McHugh McHugh ** Getting

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Course ResourcesCourse Resources

• ProfessorProfessor

• SupplementsSupplements

• Outside ReadingsOutside Readings

• Experience- Yours Experience- Yours & Classmates& Classmates

• Outside ContactsOutside Contacts

• InternetInternet

• PowerWeb- PowerWeb- www.mhhe.com/ub8ewww.mhhe.com/ub8e

• LibraryLibrary

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0

5

10

15

20

25

30

35

40

45

50

Google Yahoo MSN Others

Market Share

Search Engines’ Search Engines’ Market ShareMarket Share

December 2005

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TextText• Learning GoalsLearning Goals

• Self-test QuestionsSelf-test Questions

• Key TermsKey Terms

• BoxesBoxes

• Chapter Summaries Chapter Summaries

• Critical Thinking QuestionsCritical Thinking Questions

• Skills ExercisesSkills Exercises

• Net ExercisesNet Exercises

• Video CasesVideo Cases

• Casing the Web CasesCasing the Web Cases

Page 13: ****** P-1 1-1 McGraw-Hill/Irwin Understanding Business, 8e © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Nickels McHugh McHugh ** Getting

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Job Search StrategyJob Search Strategy

• Self-AnalysisSelf-Analysis

• Work You EnjoyWork You Enjoy

• NetworkNetwork

• InternetInternet

• Cover Letter/ResumeCover Letter/Resume

• Interview SkillsInterview Skills

• Follow UpFollow Up

Page 14: ****** P-1 1-1 McGraw-Hill/Irwin Understanding Business, 8e © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Nickels McHugh McHugh ** Getting

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Where College Where College Students Find JobsStudents Find Jobs

Source of Job Source of Job

• On-Campus interviewing 49.3% On-Campus interviewing 49.3%

• Write-ins 9.8%Write-ins 9.8%

• Current employee referrals 7.2%Current employee referrals 7.2%

• Job listing with placement office 6.5%Job listing with placement office 6.5%

• Response from want ads 5.6%Response from want ads 5.6%

% of New % of New EmployeesEmployees

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10 Jobs Hiring the10 Jobs Hiring the Most 2006 GradsMost 2006 Grads

1. Accounting (private) -- $45,817

2. Management trainee -- $38,482

3. Financial/Treasury Analysis -- $46,335

4. Sales -- $38,830

5. Project Engineering -- $50,365

(Source: careers.msn.com)(Source: careers.msn.com)

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10 Jobs Hiring the 10 Jobs Hiring the Most 2006 GradsMost 2006 Grads

6. Consulting -- $50,120

7. Design/Construction engineering -- $48,109

8. Accounting (public) -- $44,668

9. Teaching -- $30,377

10.Field Engineer -- $50,812

(Source: careers.msn.com)(Source: careers.msn.com)

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Tips for College GradsTips for College Grads

• Work experience/internshipsWork experience/internships

• Demonstrate multitasking abilityDemonstrate multitasking ability

• LeadershipLeadership

• Be nice to nerdsBe nice to nerds

• Make noiseMake noise

• Call your heroCall your hero

(Source: www.STLtoday.com, Jun 5, 2005)(Source: www.STLtoday.com, Jun 5, 2005)

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Information AboutInformation About Careers and InternshipsCareers and Internships• CareerBuilder: CareerBuilder:

www.careerbuilder.comwww.careerbuilder.com

• Hoover’s: Hoover’s: www.hoovers.comwww.hoovers.com

• Monster: Monster: www.monster.comwww.monster.com

• America’s Job Bank: America’s Job Bank: www.ajb.dni.uswww.ajb.dni.us

• Yahoo! Classifieds: Yahoo! Classifieds: www.classifieds.yahoo.comwww.classifieds.yahoo.com

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Preparing forPreparing for Job InterviewsJob Interviews

Source: CIO, “Trendlines- Good Job Hunting” by Jeffrey Seglin, 2/1/02

• Do research on prospective employers.

• Practice the interview.

• Be professional during the interview.

• Follow up on the interview.

• Be prepared to act.

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Highest Paying Highest Paying Professions in the U.S.Professions in the U.S.

1. Surgeons -- $190,280

2. Anesthesiologists -- $184,880

3. Obstetricians and Gynecologists -- $180,660

4. Internists, general -- $160,130

5. Pediatricians, general -- $143,300

6. Chief Executives -- $140,580(Source: www.monster.com)(Source: www.monster.com)