Ciocca Center Congratulates Business Certificate Graduates

Business certificate gradutesThe Ciocca Center is thrilled to announce the Business Certificate Graduates for the spring 2024 semester.  This academic year, we are awarding 62 Certificates, up from 51 last spring.  To celebrate this milestone, students are encouraged to meet up with other Ciocca students and recharge before finals on Wednesday, May 1st from 1-3pm for the annual Business Social on the Hoval.

Business Certificate Program graduates can pick up their hard copy certificates, cords and graduation pins.  Underclassmen interested in learning more about the program are encouraged to chat with Ciocca Center staff for more information and to register for a Business Certificate Program.

Attendees will enjoy music with delicious food truck fare with Braised and Uncle Joey’s Cannolis!  It will be a celebratory afternoon and we look forward to seeing you there!

Congratulations to the Business Certificate Program Graduates!

Certificate in Business Fundamentals

Kasamba Amiri ’24
Nicholas Bettenhauser ’24
Lucy Brown ’24
Andrew Burton ’24
Alexander Christie ’24
Julia Clarke ’25
Eleanor d’Arbeloff ’24
Arthur Danas ’24
Doran Deehan ’24
Tyler Durling ’24
Eileen Evans ’24
Mia Fedeli ’24
Liam Gill ’24
Katherine Guden ’24
Thomas Koenen ’24
Maya Krzywda ’24
Anna Lee ’24
Saia Lorenzo ’24
Mikaila Lupoli ’24
Kyle McCabe ’24
Litzy Mejia ’24
Kelsey Minister ’24
Jackson Monteiro ’24
Bridget Moriarty ’24
Madeline Morton ’25
Alexandria Paradise ’24
Alexandra Parsons ’24
Shanil Perez Lantigua ’24
Sandra Rodriguez ’24
James Rogus ’24
Kaelah Ross ’24
Millie Sirum ’24
Cole Seeger ’24
Lane Torosian ’24
Daniel Varano ’24
Laney Vasseghi ’24
Fiona Willette ’24
Emma Wilson ’24
Jiayun Xiong ’24
Liliana Zuniga Diaz ’24 Continue reading “Ciocca Center Congratulates Business Certificate Graduates”

81 Students & 50+ Alumni Participate in Fall Break Business Workshops

Group of professionally dressed students posing on the library steps.

Every fall break, the Ciocca Center holds concurrent workshops for students involved in the Business Certificate Programs to connect with alumni, make real-world connections, learn industry insights and practice presentation skills.  81 students and over 50 alumni participated in last weeks iteration, details below.

The annual Global Supply Chain Management Workshop helped 53 students understand that everything we wear, eat, drive, and consume comes through an organized supply chain from different parts of the world. The alumni presenters inlcluded Pete Mondani ’79, Bill Liesman ’72, Roger Lobo ’04, and Conor Moynihan ’13 – all practitioners in the field.  They shared the inner workings of a global supply chain and how it manages the distribution of various goods and services.  Teams of 4-5 students met with Holy Cross vendors, spanning from coffee to sweatshirts, to understand the inherent political, cultural, and ethical issues.  They even got off campus to experience a working supply chain during a company site visit to Polar Beverages with a tour by Chris Crowley, executive vice president of the company.

Concurrently, the annual Finance Boot Camp brought 28 students to NYC to meet alumni on Wall Street as part of the Finance & Banking Certificate program. Starting with an alumni-led current event discussion and professional communication overview, students were prepped on campus for the overnight trip to the city.  Alumni at JP Morgan, PIMCO, Barclays, KeyBanc and Morgan Stanley hosted the cohort to share industry insights, interview tips and discuss the various fields within the industry including sales and trading, investment banking, and wealth management.

Trey Rabuffo ’25 and Helene Cummings ’25 shared their student experience on the College’s Instagram account, which can also be seen on @holycrossbusiness.

Congratulations to all of the student participants and a big thank you to all of our alumni who are giving back to Holy Cross, like so many have done before them.

Students Prepare for Bank Visits with Jargon Cheat Sheet

 NYSE Wall Street Signs

This list of finance vocabulary is a sampling of some of the terms and abbreviations students can expect to hear during conversations at the various site visits to banks in Boston and NYC as part of the Certificate in Finance & Banking program.  Get acquainted with industry jargon and concepts, and review courses and guides to gain more from your upcoming experience, including the ability to ask better questions to make yourself stand out from the crowd.  Be sure to access the College’s free readership program for the Wall Street Journal (WSJ) and New York Times (NYT) to connect with these terms in a real world context.

Finance Jargon

Asset: Resource with economic value that a corporation owns or controls with the expectation that it will provide a future benefit; Assets are reported on a company’s balance sheet and are bought or created to increase a firm’s value or benefit the firm’s operations.

    • Asset Allocation is an investment strategy that aims to balance risk and reward by apportioning a portfolio’s assets according to an individual’s goals, risk tolerance, and investment horizon. The three main asset classes – equities, fixed-income, and cash and equivalents – have different levels of risk and return.

Book Building: Process by which an underwriter attempts to determine the price at which an initial public offering (IPO) will be offered. An underwriter, normally an investment bank, builds a book by inviting institutional investors (such as fund managers and others) to submit bids for the number of shares and the price(s) they would be willing to pay for them.

Book Value: Referring to an investment, it is the price paid for a security or debt investment. When a company sells stock, the selling price minus the book value is the capital gain or loss from the investment.

Broker: Individual or firm that acts as an intermediary between an investor and a securities exchange; Buy and sell financial instruments on the behalf of a client and charges a fee for doing so.

Bull and Bear Markets:

    • A Bull Market is a market that is on the rise and where the economy is sound. (Tip: A bull charges “up” with horns.)
    • A Bear Market exists in an economy that is receding, where most stocks are declining in value. (Tip: A bear charges “down” with paws.)

Buying Size: Occurs when a trader offers to buy a large volume of shares

Buy-Side/Sell-Side:

    • Buy-Side is the side of the financial market that buys and invests large portions of securities for the purpose of money or fund management; Includes investment managers, pension funds, and hedge funds.
    • Sell-Side is the other side of the financial market, which deals with the creation, promotion, and selling of traded securities to the public; Includes investment banks, advisory firms, and corporations.

Continue reading “Students Prepare for Bank Visits with Jargon Cheat Sheet”

Tom Patton ’86 Returns to the Hill to Teach Entrepreneurship Course

 

Headshot of alum in a grey suit

Tom Patton graduated from Holy Cross in 1986 studying economics and accounting while playing on the football team.  Following HC,  he attended law school at Georgetown.  “After five great years of practice as a litigator at a D.C. law firm, I leapt naively into a general counsel job at an orthopedic device company in Memphis, TN” shares Patton. ” Five years after that, as the company was circling the drain, I was asked to be the Chief Executive Officer (CEO, a.k.a., the Boss.)  Our team fixed the company and sold it, and just like that, I became a medical products “turn-around” specialist, meaning, I was the person to jump in and run companies when things were really bad.  I did that three more times.  In between CEO jobs, I worked with private equity firms that invest in healthcare companies.  I also started a healthcare diagnostics company with two doctors as partners.  We sold that start-up after six years of hard work to a multinational medical products company.”   He goes on to add that he learned constantly which included good and bad decisions, good and bad hires, and good and bad investments. “Over time that accumulation of hard-earned experiences turned into what people my age call wisdom,” Patton closes.

Over the years as an alum, Patton supported the Ciocca Center programs by co-teaching during various business workshops such as the Executive Leadership Workshop and most recently Business Ethics & Principled Leadership.  This fall he will be returning to campus in a new capacity as an adjunct professor to teach Entrepreneurship.  Through this class, its readings, interactions, and experiences, “I hope to relay some of that wisdom and give you the chance to learn some of the entrepreneurial stuff I wish I knew before I was handed my Holy Cross degree” shares Patton. Students can expect to come away from this course with:

  • an understanding of the component parts of a successful entrepreneurial enterprise.
  • a new vocabulary and a new lens to see, understand, and critically analyze business techniques and entrepreneurial opportunities that surround you every day.
  • entrepreneurial confidence to apply sometime in your career if or when those entrepreneurial opportunities arise.
  • the tools to follow a rigorous process to maximize the likelihood that your entrepreneurial venture is successful.
  • honed your writing, communication, and interpersonal skills.
  • understanding that all business endeavors, whether for-, or not-for-profit, can be consistent with a purpose-driven life and the mission of being men and women for and with others.

Student Highlight: Nick Lazzaro ’23

Male student sitting outside

“Holy Cross helped foster my passions as an entrepreneur” shares Nick Lazzaro ’23, “and helped me to learn how to take risks.”  Nick was a long time participant in the Entrepreneurship & Innovation Program and heavily involved in HC Launch, the student entrepreneurs group.  “Encouragement from professors and advisors at the College’s Ciocca Center for Business, Ethics, and Society allowed me to network out of my comfort zone” states Lazzaro, “and created a space for me to flourish in business. I learned that taking risks academically and professionally are crucial to success and the best way to accomplish your goals is to be your unique self.”

In 2022, Lazzaro won first place during the annual Shark Tank Competition for his pitch on Nick’s On-Site Auto Detailing business.  The company not only details cars but we seek to help others via a scholarship fund for Millbury students, where the business has donated more than $1,500 to future college-bound entrepreneurs.  He was also named one of Worcester Business Journal’s 40 Under 40 in 2022.

Fenwick Scholar Max Hendrix ’23

student headshot

Max Hendrix ’23, Fenwick Scholar, recently presented on April 25, 2023 to discuss his work on Intricacies of Agency: Rational Choice, Behavioral Economics, and Our Normative Commitments, after a year long research project to explore the image of agency and rationality in economics through a philosophical lens.

He is a Finance & Banking Certificate graduate pursuing a double major in Philosophy and Economics. Following graduation, he plans to pursue a career that will give him the opportunity to combine the critical thinking, writing and communication skills that he has developed in the classroom as a liberal arts student along with his interests in working with markets, investment strategies, and financial institutions.

Congratulations to Max!

Pothos Project Brings Students into the Worcester Community

Students sitting at table for speaker

Sponsored by the Ciocca Center for Business, Ethics, and Society and the Office of Sustainability with faculty guidance from Professor Karen Teitel, 20 students from all four class years participated in the third offering of the Pothos Consulting Project this spring.

Pothos plants often symbolize determination, perseverance, wealth, and good fortune.  It thrives under challenging circumstances, making the most of limited resources like light and water, and its heart-shaped leaves clean the air. It also improves its environment while ensuring its own growth and flourishing. Through the Pothos Project, students help Holy Cross and our local business community do the same, becoming more sustainable on their way to prosperity and good fortune. 

Over the six week project, participants attended interactive sessions with HC alums and select businesses, learning about the consulting field and its distinctive recruitment process. As participants collaborated with an organization on a real-world consulting assignment that aimed to increase corporate responsibility, participants practiced some of the skills and tricks needed for the job. Alumni mentors provided guidance and support throughout the program.

Thank you to our Holy Cross alumni mentors:

  • Cole Worthy ’88: Program Manager & Vice President, Haley & Aldrich
  • Megan Skwirz ‘12: Consultant, Slalom Consulting
  • Jessica Dodakian ’14: Associate, McKinsey & Company
  • Patrick Czorniak ’11: Senior Manager, Deals Transformation, PwC

Thank you to our local businesses:

Annual Business Social Congratulates Business Certificate Graduates

Student collage at an outdoor event

April 27, 2023

Dear student,

Congratulations Business Certificate Program Graduates!

After years of workshops, tutorials, internships, coursework, and job shadowing experiences (not to mention a pandemic!), we are proud to name you as a graduate of the Business Certificate Program offered by the Ciocca Center for Business, Ethics, and Society at the College of the Holy Cross.

As a graduate, you are among a select group of students who will be receiving a Certificate in Business Fundamentals, a Certificate in Entrepreneurship, and/or a Certificate in Finance & Banking.

While others were vacationing, you decided to immerse yourself in business, expose yourself to new concepts, build transferable skill sets, and network with successful alumni in the field. This dedication has made all the difference. Your liberal arts education from Holy Cross has equipped you with the skills to communicate effectively, problem solve, and think critically – the soft skills you can’t learn on the job. To complement this, your business certificate will be a differentiator in the job market and has provided you with competitive technical skills. Take this opportunity to appreciate all that you have accomplished. Continue reading “Annual Business Social Congratulates Business Certificate Graduates”

10th Annual Shark Tank Winner Announcement

Shark Tanke winner holding large check

The 10th annual Shark Tank Competition was held on Sunday, April 16th in the Performing Arts Center, hosted by HC Launch through the Ciocca Center. Held in person for the first time since 2019, this year’s competition displayed a new generation of Holy Cross entrepreneurs. From photography, candlemaking, to tech solutions, there was a variety of creativity and problem solving involved.

Three well-seasoned business professionals volunteered their time to select this year’s winners. The judging panel included former Ciocca Center Director David Chu, Venture Forum Executive Director Zak Dutton, and Inmedix Co-Founder Tim Sciarrillo ’82, as teams competed for $9,000 in prize money. Along the way, each team was connected with a mentor who provided guidance and feedback. Thank you to our mentors Brendan Candon ’10, Rob Murner, Larry Naughton ’93, Bill Phelan ‘04, Nalani Ramos Ruiz ‘21, Kelly Shaw ‘09 and Eamon Troy ‘11. Continue reading “10th Annual Shark Tank Winner Announcement”

Local Colleges Attend Inaugural Student Entrepreneurial Ecosystem Summit in Worcester

People chatting in circle

Last month at WorcLab, Worcester’s premier business incubator and coworking space, the city hosted the inaugural Student Entrepreneurial Ecosystem Summit (SEES) to bring the startup community together on Saturday, March 25.  Organizations and local businesses set up tables to share their resources with budding student entrepreneurs. The event brought nearly 25 students together from various colleges in the Worcester area including Holy Cross, WPI, WSU, Clark, Assumption, and UMass. Students had the opportunity to learn directly from local business owners, pitch their businesses and explore resources. SEES provided an excellent platform for students to gain practical knowledge and insights from the successful entrepreneurs next door. 

The event kicked off with food and networking on the 7th floor of the Printer’s Building on Portland Street in downtown Worcester. During the summit, students interacted with business owners from a diverse range of industries including biotech, gaming, and maker spaces. They learned about the challenges that these entrepreneurs faced when starting and growing their businesses, the strategies they used to overcome these obstacles and the many resources available to them in Worcester.  Continue reading “Local Colleges Attend Inaugural Student Entrepreneurial Ecosystem Summit in Worcester”