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Careers '85Tuesday, October 29: 19853
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Oy ROBERT KEEFE
Business is booming for graduates of the
UNC School of Business, according to
Sharon Wiatt, assistant director of UNC
Career Planning and Placement Services.
"There certainly seems to be a lot of
interest in ousmess iieias oy siuaems, wiau
uIt seems that more students graduate
with business degrees these days than with
any other kind, and I think that trend will
Wiatt said that while it was still too early
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fields this year, overall activity was much
like last year.
Last year, there were 241 companies that
came to UNC to recruit graduates, and 6,635
individual interviews. In addition there were
5,090 employer job requests in forms other
than recruiting visits.
Retail sales and, investment banking have
shown an increase in hiring, while computer
l - I A. 1 I
saies ana management positions nave snown
a decline in recruiting visits.
Deregulation of banks and a slump in the
computer industry are the main causeof
these trends, according to Wiatt.
Td say that the outlook (in the business
banking fields) was pretty good," said
Cynthia Shaver, operations manager for the
Franklin Street branch of NCNB. "Most of
the banks in the Southeast are currently in
a period of expansion."
The Franklin Street NCNB branch
presently employs three students and seven
UNC alumni. Last year, NCNB hired 32
UNC graduates in entry-level positions in
North Carolina and in Florida, according
to Craig Buffie of the bank's corporate
headquarters in Charlotte. .
Hugh L, McColl, chairman of the board
' think that it is fair to say that 'ive (the UNC
Business School) are definitely in the top 20
of NCNB, was a 1959 graduate of business
administration from UNC. ;
According to Shaver, there are five basic
fields an employee with NCNB can go into:
relationship management, funds manage-,
ment, operations, the trust group and
Buffie said that a typical training program
for NCNB employees usually lasted from
nine to 12 months, with about eight to 10
weeks of that time spent in the classroom.
The rest of the time is spent working with
supervisors in the credit department, he said.
Shaver said that a business administration
degree was not always necessary to get a
good job with a banking firm.
"For instance, we have a specific program
for people with liberal arts degrees that trains
them with what we want them to know,"
Shaver graduated with a degree in
Some other jobs that UNC business
graduates have filled include territorial sales
management with the Coca-Cola Corpora
tion, sales representatives with Proctor and
Gamble and NCR, and several jobs in
"Many employers will ask for graduates
in any major," said Wiatt. "But sometimes
corporations such as big accounting firms
will look exclusively for business majors."
Wiatt said that while the number of
students getting jobs through recruiting
programs wasnH really that high, students
going into business fields could expect
somewhat better results. -
In comparison with other business
graduates around the nation, UNC gradu
ates have the reputation of being some of
the best available.
"We just got some feedback from Time
magazine, which rated us (the U NC business
school) in the top 10 for undergraduates."
said Wiatt. "So I think that it is fair to say
that we are definitely in the top 20, if we
aren't in the top 10 nationwide.'
, Bob Hewitt, a sophomore from Miami,
said the reputation of UNC's business school
was what attracted him to Chapel Hill.
"I wanted to go into the business school
because there is such a wide range of job
opportunities available to someone who
holds a business degree in his hand," Hewitt
said. "Also, business graduates can pull in
some pretty big bucks."
Indeed they do, according to the respond
ents of a survey on 1985 graduates done
by the UNC Career Planning and Placement
; Service. ; v - .'
; According to the survey, the average
salary for business graduates now working
in general business administration is $1,655
per month. Those in accounting - and
auditing averaged around $ 1 ,705 per month.
The graduates that brought in the biggest
paychecks were those in the finance and
economics field, who averaged $1,743 per
month. Those who made the least per month
were those in merchandising, who averaged
$1,501 per month. '
Wiatt said business related fields would
probably become more competitive in the
years ahead because of an increasing number
of business students vying lor the same
number of job vacancies. :
There are presently 825 juniors and
seniors (including fifth year seniors) in the
; UNC School of Business. That number
includes 175 junior males. 219 junior
females, 208 senior males and 223 senior
According to Wiatt. the number ol
business majors at UNC are second onK
behind the total number of arts and science
majors, which totals around 4.931 juniors
and seniors. The number of health affairs
majors is about the sameas business
After completing the required General
College program, business majors are
expected to take seven business administra
tion courses, including BA 130 (Operations
Management), BA 140 (Legal Environment
of Business), BA 150 (Organizational
Behavior), BA 160 (Principles of Market
ing), BA 180 (Business Finance), and BA
190 (Administration Policy) or BA 199
(Management Simulation). In addition.
Economics 130 (Money, the Financial
System, and the Economy) must be taken
to fulfill the requirements for a Bachelor of
Science degree in Business Administration.
Accounting is the only true concentration
within the business school, but according
to Wiatt, students also like to specialize in
finance and in marketing.
Wiatt said that contrary to what many
students thought, a ' ... M asters- degree in
Business Administration was not always as
helpful as it might seem in procuring a good
See BUSINESS page 11
Computer Science and Business Administration Majors
NCR knows where it's Agoing and what it will take to
get there. The most innovative technology, . from personal
computers to mainframes and everything in between
related to information processing. We need future minded
achievers. Like you perhaps. :
. a I 5 I p8"1-" 1 r f
whsn youlmow where you're going
Uniqueness is a mark of distinction at NCR. We place
unusually high value on originality. It is the single most
important catalyst to the new ideas and fresh approaches
that have built NCR into a $4-billion leader in all facets of
If your singular career goal is to make your mark on the
technology of the future, do it with NCR. Because that's
where it will happen. Our on-campus representatives
would like to talk with you about the opportunities at the
Annual Minority Career Fair on Tuesday, October 29th and
at the Carolina Career Day on Wednesday, October 30th.
See your Placement Office for more information. An equal
When you know where we're going
youll choose NCR.