{"id":7190,"date":"2018-07-05T17:30:49","date_gmt":"2018-07-05T21:30:49","guid":{"rendered":"https:\/\/www.saintpeters.edu\/news\/?p=7190"},"modified":"2018-07-05T17:30:49","modified_gmt":"2018-07-05T21:30:49","slug":"students-impress-goldman-sachs-executives","status":"publish","type":"post","link":"https:\/\/www.saintpeters.edu\/news\/2018\/07\/05\/students-impress-goldman-sachs-executives\/","title":{"rendered":"Students Impress Goldman Sachs Executives"},"content":{"rendered":"

 <\/p>\n

\"\"Ten Â鶹ÊÓƵ’s students in the School of Business, selected through a competitive application process, recently took part in the Goldman\u00a0Sachs\u00a0Local College Collaborative (LCC) program. LCC is a unique leadership program that brings together college students with Goldman Sachs business leaders to develop business management, teamwork and presentation skills. Participants were chosen based on a competitive application process that evaluated academic achievement, interviews, essays, teambuilding simulations, recommendations and other criteria. This highly selective program exposes students to Goldman Sachs executives and develops business skills and involves extensive casework with actual Goldman Sachs clients.<\/p>\n

\u201cGoldman Sachs is among the most preeminent financial institutions in the world. Everything they do, they do well. This program is no exception. Every aspect of the LCC was thoughtfully conceived, thoroughly prepared and meticulously executed. It gave our students a wonderful vantage point on the meaning of professionalism,\u201d said Raymond Butkus, M.B.A., lecturer of business administration and LCC faculty adviser.<\/p>\n

Over the course of five months, students from Â鶹ÊÓƵ’s as well as New Jersey City University, Hudson County Community College and Borough of Manhattan Community College took part in this highly competitive and unique program. Under the guidance of faculty adviser and course instructor Butkus and\u00a0Goldman\u00a0Sachs\u00a0mentors, the students solved business case problems, received career advice and attended executive presentations. The 10 student participants were Andrea Lopez \u201920, Christopher Rodrigues \u201918, Denisse Hozven-Veas \u201919, Devin Varela \u201920, Erika Sanango \u201919, Habib Diongue \u201920, Jonathan Rodriguez \u201920, Karol Harmett \u201920, Norky Torres \u201918 and Sarah Casanova \u201919.<\/p>\n

\u201cThe speaker series included topics such as genuineness in the business world, networking, time management and perseverance. Many of the speakers were in our positions years before they joined Goldman Sachs and became accomplished \"\"members of the firm. It was inspiring to hear the messages of the speakers and it gave our team encouragement to continue our hard work,\u201d said Varela<\/p>\n

Central to the program was the development of recommendations for a series of business challenges related to finance, marketing, logistics and public relations faced by a selected company, which was Party City for Â鶹ÊÓƵ\u2019s students. The students were tasked with developing an omni-channel selling strategy to maintain leadership in the Halloween\/retail category with a particular focus on millennials.<\/p>\n

As part of the program, the team visited the Party City Holdco Inc. headquarters in Elmsford, N.Y. Party City Holdco Inc. is a multi-billion dollar business and parent of the retailer, Party City, Halloween City and the sourcing and manufacturing company, Amscan Inc.<\/p>\n

The visit included presentations by the chief financial officer, EVP of product development, SVP of manufacturing, president of retail operations and culminated with a presentation by the chief executive officer. Students learned about the inner workings of Party City Holdco Inc. including organizational structure, product conception and development process and growth strategy. A highlight of the visit was a tour of the company\u2019s product display center, which displayed the breath of the company\u2019s extensive product line. Throughout the day, students engaged in lively Q&A with the executives to deepen their understanding of the business and test potential case recommendations.<\/p>\n

\u201cThe best part of the program was the involvement of our Goldman Sachs coaches. They really helped in providing insight and taught us how to apply theoretical principles to our problem-solving ideas.\u00a0I learned that in business, the interrelationship of disciplines is key to helping solve contemporary issues. From finance to human resources, you should and must use knowledge of other departments in order to progress in whatever industry the business is in,\u201d said Lopez.<\/p>\n

After the visit, the students presented their research findings and recommendations to a mock board of directors at the Goldman Sachs world headquarters. The presentation from the Â鶹ÊÓƵ’s team was highly commended by\u00a0Goldman\u00a0Sachs executives regarding the quality of their presentation and sophistication of their recommendations.<\/p>\n

\u201cWithout exception, our students were intellectually curious, tenacious and anxious to learn. For most, Wall Street was only a vague and mysterious notion. This program brought that notion to life,\u201d said Butkus.<\/p>\n

Â鶹ÊÓƵ’s involvement in the program was facilitated by the Center for Career Engagement and Experiential Learning (CEEL), under the leadership of Laura Pakhmanov, executive director, and coordinated by Taina Cutler \u201914, senior career coach.<\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

  Ten Â鶹ÊÓƵ’s students in the School of Business, selected through a competitive application process, recently took part in the Goldman\u00a0Sachs\u00a0Local College Collaborative (LCC) program. LCC is a unique leadership program that brings together college students with Goldman Sachs business leaders to develop business management, teamwork and presentation skills. Participants were chosen based on […]<\/p>\n","protected":false},"author":37,"featured_media":7193,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,3,5,2,1],"tags":[],"class_list":["post-7190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alumni","category-current-students","category-faculty-staff","category-future-students","category-uncategorized"],"acf":[],"yoast_head":"\nStudents Impress Goldman Sachs Executives - News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.saintpeters.edu\/news\/2018\/07\/05\/students-impress-goldman-sachs-executives\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"agervasio\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.saintpeters.edu\/news\/2018\/07\/05\/students-impress-goldman-sachs-executives\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.saintpeters.edu\/news\/2018\/07\/05\/students-impress-goldman-sachs-executives\/\"},\"author\":{\"name\":\"agervasio\",\"@id\":\"https:\/\/www.saintpeters.edu\/news\/#\/schema\/person\/00459dc0108ef013970b4d1001110de5\"},\"headline\":\"Students Impress Goldman Sachs Executives\",\"datePublished\":\"2018-07-05T21:30:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.saintpeters.edu\/news\/2018\/07\/05\/students-impress-goldman-sachs-executives\/\"},\"wordCount\":710,\"image\":{\"@id\":\"https:\/\/www.saintpeters.edu\/news\/2018\/07\/05\/students-impress-goldman-sachs-executives\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.saintpeters.edu\/wp-content\/blogs.dir\/230\/files\/2018\/07\/Party-City-Image.jpg\",\"articleSection\":[\"Alumni\",\"Current Students\",\"Faculty Staff\",\"Future Students\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.saintpeters.edu\/news\/2018\/07\/05\/students-impress-goldman-sachs-executives\/\",\"url\":\"https:\/\/www.saintpeters.edu\/news\/2018\/07\/05\/students-impress-goldman-sachs-executives\/\",\"name\":\"Students Impress Goldman Sachs Executives - 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