Baptism by hire
Quinlan launches accounting internship during tax season
Starting next spring, 19 Quinlan students will hit the ground running, working at some of Chicago's biggest accounting firms—right at the peak of tax season. The program, a collaboration between Quinlan's Accounting and Business Career Services departments, will be held January through mid April.
Because of the heavy workload during this time, or what is known as "busy season" to tax and audit professionals, students typically take the spring semester off. But for those on the fast-track to earning the 150 credit hours needed to take the Certified Public Accounting (CPA) exam, that simply isn't an option.
Quinlan’s new program eliminates that dilemma, allowing students to remain in school part time by offering six credit hours for ACCT350 (Accounting Internship) and three credit hours for a condensed version of ACCT308 (Accounting Information Systems).
Alyson Ryan, a former KPMG recruiter who now heads up Business Career Services, sat down to discuss the program's specifics. Here is what she had to say.
Why did Quinlan launch this program?
We want more of our students to intern during the busy season—the experience is better, and they earn and learn more. They get a true picture of what it's like to work in public accounting. Our location means that students do not have to relocate during the school year to work busy-season internships. We knew if we launched this program, more firms would consider Quinlan students. Dean Getz was supportive. Professors Brian Stanko and Tom Zeller made the program work from the academic side by allowing students to register for ACCT350 to get six credit hours for the internship and creating the condensed version of ACCT308 to allow students this experience and the opportunity to earn nine credits.
What companies are participating?
Firms interviewing on campus include Deloitte, Grant Thornton, KPMG, McGladrey, PwC, and WTAS. CliftonLarsonAllen, Crowe Horwath, and Steinberg Advisors have internships posted in RamblerLink.
When does it run?
Most interns start working full-time in early January 2014. Firms have various end dates, usually mid-March to mid-April.
What kind of work will students be doing?
Interns are typically hired into either the audit or tax practices. Interns during busy season do the same entry-level work as first-year associates.
What are the requirements?
Firms usually recruit about 10 months in advance for winter internships. Students should be earning their 150 credit hours by December 2014 or May 2015 to work as interns during the 2014 busy season. Firms require that applicants be accounting majors planning to sit for the CPA exam, and the GPA minimums range from 3.0 to 3.3.
Please contact Business Career Services for more information.
More Featured Stories
Coming upThe RACE exhibition, which opens October 12 and runs through January 25 in Skokie, offers our University community the opportunity to delve more deeply into one of the key issues related to our social justice mission.
CommunicationWorkers. Manual laborers. People who take on hard jobs with long hours. A new book from Loyola’s School of Communication students, “Working In Chicago,” tells their stories.
ResearchLoyola psychology professor Grayson Holmbeck has been studying children with spina bifida for more than 20 years. In that time, he says: “We’ve learned a lot about what their problems and issues are, what we can do to help them, and more importantly, what they’re capable of.”
QuinlanOn Monday, October 6, Loyola hosted its third annual Quinlan Case Competition. In all, 49 undergraduate business students teamed up to put their problem-solving skills to the test.
HistoryNestled just south of Midway Airport, Chrysler Village is a neighborhood with a unique past. Six of Loyola’s public history graduate students recently researched the area and wrote a nomination to get it listed on the National Register of Historic Places.
What’s next?In today’s economy, recent college graduates face fierce competition for jobs. These three members of the Class of 2014, however, were able to stand out from the crowd and find full-time jobs.
Professor profileQuinlan Professor Nenad Jukić was named Loyola’s Faculty Member of the Year on September 14 as part of the University’s Faculty Convocation. This latest award caps off a string of impressive accolades for Jukić, who also was named Quinlan’s Outstanding Undergraduate Teacher of the Year.
Helping othersFour Loyola graduate students were recently selected for the prestigious Albert Schweitzer Fellowship program and will spend the next year working on healthcare-related projects to help underserved communities in Chicago.
VideosThe service of faith and the promotion of justice is the mission of the Society of Jesus. Our 2014 Founders’ Dinner awards recipients are among the best and brightest examples of living out these Jesuit ideals.
Adult LearnersStarting in 2015, Loyola will offer several FASTRACK degree programs for adult learners at its Cuneo Mansion & Gardens in Vernon Hills. Courses will be on alternating Saturdays with an online component—perfect for anyone looking to balance work, life, and school.
SustainabilityLoyola is ranked No. 4 on the Sierra Club’s 2014 list of the greenest colleges in America. The annual rankings are designed to spotlight universities that are deeply committed to environmental responsibility.
AcademicsLoyola is one of just 283 universities to have a Phi Beta Kappa chapter, a claim that only about 10 percent of the nation’s colleges can make.
In the newsLoyola’s Information Commons joins an elite group of peers on Business Insider’s list of the “coolest” college libraries in the country.
ExploreThe Institute of Environmental Sustainability combines academics and research with agriculture and community living—all in one facility.
Damen CenterThe Damen Center was designed from top to bottom with students in mind, making it the center of social life on Loyola’s Lake Shore Campus.