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What leaders read.

Business Grads Looking Beyond Wall Street

“For the past decade, a job at an investment bank has been coveted. Now the implosion of Wall Street has not only shaken a generation’s ambitions, it has also unleashed them.”

See  Steven Greenhouse’s  New York Times article below for additional detail  and to find out where today’s Business School Grads are looking for jobs.

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Business Grads Looking Beyond Wall Street

 
Daniel Miller, Nanxi Ling, center, and Jessica Levy are graduating from Wharton this spring. Many in the class of '09 are discouraged about job prospects.

Daniel Miller, Nanxi Ling, center, and Jessica Levy are graduating from Wharton this spring. Many in the class of '09 are discouraged about job prospects.

Steven Greenhouse, The New York Times

 

PHILADELPHIA — Riana Paige, an undergraduate senior at the Wharton School of Business, had a high-paying internship at JPMorgan Chase last summer and was disappointed when she did not receive an offer for a full-time job after graduation. Now she is pursuing a job teaching in Dubai, or working for a wine importer.

Click to see New York Times (Video): Life After Wharton

Click to see New York Times (Video): Life After Wharton

Daniel Miller, a Wharton senior who interned last summer at a boutique private equity firm in Manhattan, became so discouraged by his search for jobs in finance that he began thinking about becoming a rabbi.

Jessica Levy, also a senior at Wharton, the nation’s most prestigious undergraduate business program, was stunned when her supervisor at UBS told her that although she had done a terrific job as an intern, the bank could not offer her a job after graduation. Her dreams of investment banking quashed, she recently took the Foreign Service exam and is vying for a job at the State Department.

“A lot of my peers, we’re exploring things that we used to not even think of as an option,” Ms. Levy said. “A finance major who was minoring in music was suddenly looking into opening a jazz club. All of a sudden, I saw that a lot of Wharton people were interesting.”

For the last decade, a job at Goldman Sachs, Morgan Stanley or another investment bank has been considered the most coveted prize for many of the nation’s best and brightest college students. But the implosion of Wall Street — the vaporization of Bear Stearns and Lehman Brothers, the general humbling of investment banks — has not only shaken a generation’s ambitions, but also unleashed them.  More . . .

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Picture Credit: Laura Pedrick for The New York Times

April 28, 2009 Posted by ej | Career, Economy | , , , , , , , , | Leave a Comment

Fortune’s 50 Most Powerful Women in Business: #47 Terri Dial

This week, we profile #47 on Fortune’s 50 Most Powerful Women in Business . She is Terri Dial, the CEO U.S. Consumer Bank Citigroup.

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Terri Dial, CEO U.S. Consumer Bank CitigroupCEO, U.S. Consumer Bank
Citigroup (C)

Previous rank: New
Age: 58

Recruited in March to overhaul Citi’s consumer strategy, Dial oversees 1,000 branches with $122 billion in deposits. As a member of CEO Vikram Pandit’s inner circle, she’ll be a key player as Citi struggles to navigate this market.

Click here to read more about her:

= Terri Dial Bio (Citigroup Website)

= The Women Who Are Fixing This Financial Mess (Forbes)

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April 24, 2009 Posted by ej | Leadership, People | , , , , | Leave a Comment

Success Magazine May 2009: The Women’s Issue!

success-magazine-cover-may-20091The May 2009 issue of Success Magazine is The Women’s Issue!

Okay, so maybe it’s not officially a women’s issue >:), but it’s pretty close and we don’t mind!!

In it you will find several inspiring articles that profile very successful women entrepreneurs, athletes, activists and more. 

For example, the cover story tells the story of Suze Orman and how she turned adversity into success. Did you know that before she applied to become a broker at Merrill Lynch she worked as a waitress for seven years and earned on average $400 per month? She just wanted to own a restaurant, but when a broker lost all her money . . . the rest is history!

In addition, there is the article entitled “Women of Influence”  that profiles Maya Angelou, Indra Nooyi, Maria Shriver, Ruth Bader Ginsburg and Melinda Gates.

AND there is a profile of one of our favorites Sara Blakely, the founder of Spanx.

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Here’s more info on what you can find in this issuesuze-orman-cover-story-inside-picture

Success from the Ground Up: The Story of Money Maven Suze Orman, by Erin Casey

A crushing loss in the stock market propelled Suze Orman to become one of America’s favorite financial advisers.

 View the Digital Version of this Article

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Women of Influence by Erin  Casey 

Ruth Bader Ginsburg, Maya Angelou, Melinda Gates, Indra Nooyi and Maria Shriver have empowered and inspired us. They have led causes and corporations and created opportunities for many. See how they are changing your world.

View the Digital Version of this Article

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Enterprising Women by Joanne  Eglash 

Women run almost half of all privately held businesses – and they’re quietly gaining an edge on the competition by using innate talents and skills. What do they do differently?

View the Digital Version of this Article 

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Back on Track by Mary Vinnedge

A humiliating and very public firing taught Deborah Norville valuable life lessons and helped shape her outlook. Read how she pulled herself out of the doldrums and how she encourages others.

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Paving the Way by Don Yaeger

Billie Jean King continues to push the envelope to improve tennis and create opportunities for everyone.

More . . .

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April 13, 2009 Posted by ej | Education, Leadership, Magazines, Money & Investing, People, Politics, Sports, Women & Sports | , , , , , , , | Leave a Comment

2 Third-Graders Raise $24,000 for Cancer Research By Selling Lemonade

Young (S)Hero Alert!

As seen on Fox & FriendsAn 8 year-old girl and her friend raised $24,000 for breast cancer research in one weekend by selling pink lemonade. 

Click on the picture below to see the interview with Victoria Petrucelly and Jesse Theobald.  FYI – It also looks like  we’re going to have to issue a cuteness alert on this one!  Their cuteness factor is through the roof!

Job well done ladies!

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Click on picture to see Fox & Friends interview.

Jesse Theobald and Victoria Petrocelly. Click on picture to see Fox & Friends interview.

Girl’s lemonade stand raises thousands for cancer
Associated Press
 
ORLANDO, FL (AP) — A central Florida third-grader whose mother died last month of breast cancer raised nearly $24,000 selling pink lemonade for the cancer center that treated her mom.
Victoria Petrucelly hoped to raise $50 when she first started raising money for M. D. Anderson Cancer Center in Orlando. Her mother, Angela, died on Valentine’s Day from an agressive form of breast cancer.
Petrucelly, friend Jesse Theobald and their third grade classmates sold more than 65 gallons of lemonade this weekend. More . . . 
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March 27, 2009 Posted by ej | Health, Young (S)Heroes | , , , , , , , , , , | Leave a Comment

Time Inc. and Lexus Experiment with Made-to-Order Magazines: How to Get Yours

Have you ever wished for a magazine where you determine the content? How about a mix of  Time, Sports Illustrated, Food & Wine, Real Simple, Money, In Style, Golf, and/or Travel + Leisure? Well, Time Inc. and Lexus are running an experiment that you may be interested in. 

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The New 2010 Lexus RX

Made-to-order Magazines Let Readers Choose

Time Inc. experiment aims to mimic Web’s personalized news feeds.

The Associated Press

LOS ANGELES – Time Inc. is experimenting with a customized magazine that combines reader-selected sections from eight publications as it tries to mimic in printed form the personalized news feeds that have become popular on the Internet.

Called “mine,” the five-issue, 10-week experiment also aligns readers with the branding message that its sole advertising partner, Toyota Motor Corp., has for its new Lexus 2010 RX sport utility vehicle: It’s as customizable as the magazine carrying its ads.

The magazine is free, but the print edition is limited to the first 31,000 respondents, while an online version is available for another 200,000.

Sign-ups are available immediately at http://www.timeinc.com/mine, with the first issue to be shipped in the mail in early April, and then once every two weeks. Online subscribers will get digital editions that look just like the printed version, but in a special format that allows virtual page turns with clicks. A promotional push for the magazine kicks off Friday.

Readers can select five titles from eight published by subsidiaries of Time Warner Inc. and American Express Co.: Time, Sports Illustrated, Food & Wine, Real Simple, Money, In Style, Golf, and Travel + Leisure.

Editors will pre-select the stories that make it into every biweekly issue, and readers won’t have the option of changing the picks from issue to issue. More . . .

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March 26, 2009 Posted by ej | Magazines, Marketing | , , , , , , , , , | Leave a Comment

Men’s Salaries vs. Women’s Salaries: Women’s Basketball (ACC, SEC)

March 14, 2009 Posted by ej | Career, Education, Women & Sports | , , , , | Leave a Comment

The 25 Highest-Paid Women in Corporate America

Which corporate women raked it in and how much did they earn?
Click here to find out: Fortune‘s 25 Highest Paid Women

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March 14, 2009 Posted by ej | Career | , , , | Leave a Comment