Background Information About Me

Hello, I am Lanny Berlingieri and have been born and raised in Northeast Ohio in the Akron area. I attended The University of Akron for undergrad, earning my Bachelor's of Science in Accounting (Fall 2006-Fall 2009). 2010 was then approaching quickly and I had to decide on what I was planning to do in the middle of my last semester. I have a full-time offer with Crowe Horwath starting September 2011, which gave me around 21 months in b/w graduating and starting. I therefore took the GMAT and began taking graduate courses this semester (January 2010) towards an MBA in Finance.

Friday, August 27, 2010

End of Week 1 of Fall 2010

Well - Week One is Over.  Now starts the extremely fast paced and intense semester of graduate courses.  I am going to run down through each class and activity that this semester is bringing me thus far, specifically University of Akron related.

To kick things off for the semester, the Beta Alpha Psi and Accounting Association officers had a meeting from 3:45 - 5:00 on Tuesday.  We talked about the semester, what firms are coming, how our meetings are going to be set up for the students, planning out our first meeting next Tuesday and other reaching out activities that were apart of RooFest on Sunday.  I emailed all of the potential members that we met this past Sunday at the RooFest to let them know about our upcoming first meeting - Meet and Greet Intro, Fashion Show, and also Pizza and Pop for all in attendance.  We settled on doing a Fashion Show for students to display what TO wear and what NOT TO wear.  I will be WHAT NOT TO WEAR.  Hopefully a picture will be taken that I can Post

Also - I booked a room for our Student Toastmasters group which will now be on Wednesdays from 4 - 5 PM.  This is our public speaking group, it is currently a very lax atmosphere, with pizza and pop of course.

First Class: 5:20 - 7:50 - Strategic Financial Decision Making with Dr. Lahey - This class seems very intense with many things going on at once - Group Projects, Individual Case Memos, Exams, Homework Assignments - you know the deal.  What was nice though is that since I have a very nice finance background because of my prior courses and ability to do more on my own learning - I was able to answer many questions and shoot many other answers that the other students seemed "dumb-founded" to say the least, but I will not say anymore.  I chose my firm that I will do research on - Pfizer, happy especially because I own stock in them as well : )    We also formed our group and all we need to do now is establish which semester long case we will be working on.  I will keep updating when new facts arrive.

Second: 8:10 - 10:40 - Financial Markets and Institutions with Professor Terrance aka the CFO of FirstMerit Bank.  How awesome is that?  We have the CFO of a large regional bank (one that I have done business with over the last 8+ years!) lecturing/teaching this course.  The first class was very basic with going through notes etc., but he has the most real first hand experience with the most recent and on going financial crisis which especially hit hard with the financial institutions.  I am definitely eager and excited to hear what he has to say.  I did three quizzes that were assigned for the first 3 chapters 2 days ago, just to stay on top of things.

Third: 8:10 - 10:40 - Corporate Taxation with Dr. Mosebach.  She seemed so awesome and passionate about Tax and has already spread wisdom and expanded my knowledge base on corporate taxation.  Funny thing is - I am the ONLY non-MTax/MSA/JD student.  This was the course that I had to talk to a few of the "big dogs" to be placed in this course.  All MBA-Finance students probably think I am crazy for taking this course in place of a much easier one, well I want to Learn and I am paying for it.  I am EXTREMELY intrigued by this course especially - since it will help determine which type of company I want to start of my own - whether that be C Corp, S Corp, LLC, Lp, LLP etc to name a few.  Very intense course based on reading and keeping up to to date with tax law and code.

Weekend - I have a lot of reading and small assignments to do along with finishing my graduation application for next May 2011.  I will be reading about Pfizer - going through their SEC filings to learn more about them, reading more and practicing Corporate tax, and also reading up on Financial Markets and Institutions.  Hopefully I am disciplined enough to stay on top of the readings for the duration of the semester.

How are all your courses going thus far for the semester?  I feel as though this will breeze by and that next thing I know it - snow will be on the ground and Christmas Lights outside.  Talk to everyone soon and good luck!

-Lanny B.

Tuesday, August 17, 2010

Class Line up for Fall 2010

Hey Hey Everyone!  Today's post I will focus on the courses that I will be taking this fall:

Tuesdays 5:20 - 7:50 - Strategic Financial Decision Making = This sounds interesting simply because I use financial metrics etc., to analyze and aid in my decision making process.  This will be more on a corporation/business unit level dealing with external factors that can hinder/propel the outcome of a decision.  Definitely interested in the strategy behind making extremely important decisions in a corporation and what type of methods are used to evaluate those decisions.

Tuesdays: 8:10 - 10:40 - Financial Markets and Institutions = All about the different markets out there in the financial world.  I am sure I will deal with laws/regulation as well as deadlines and requirements for companies.

Thursdays: 8:10 - 10:40 - Corporate Taxation = This class is pretty self explanatory.   Learning tax law/code for Corporations, Shareholder information, the reporting, deductions etc.  I am excited for this course more especially because I opted to take this one in place of another course, since it will help me in the long run if I want to run my own corporation.

Next Tuesday this begins.  Oh boy.  I hear this should be the hardest semester of the program.  Eager to learn, hopefully the professors are eager to teach : ).   Talk to everyone soon and I appreciate anyone stopping by.  Question I leave = What classes are you all taking?  Any rumors on the difficulty of the class?  Best of luck to everyone in going back to school as well!

-Lanny B.

Thursday, August 12, 2010

End of Summer & School Sessions, Fall 2010 Begins

Hey everyone,  I have been on a 3 month Hiatus.  I am back however, to speak on my last few experiences and to touch base with everyone.  Here is my summer broken down into sections:

Visitation of Mary Parish - I started working at this Parish in Akron Ohio around mid-April.  I have been there now for going on 5 months and it has been an experience thus far.  I am the administrative assistant and pretty much do a lot of the day to day operations and am striving to save the Parish money by being extremely efficient and to help organize their financial data in a much more orderly fashion.

Summer Session - 6 Credits total - I took 6 credit hours total - 3 one credit courses as part of U of A's LEAP program - Terrorism & Global economy, SAP, and Business Decision analytics.  All were experiences from different viewpoints and I am truly grateful for being a part of their first time doing these courses.  SAP was extremely intense - as we learned how to operate SAP at a minimal in less than 2 days (usually a whole semester to a years worth).  Bus. Decision analytics was pretty basic as it had a lot to do with excel functions - to which I have a pretty large knowledge base on.  I received an A luckily in all courses.
My full class that was worth 3 credits in itself was Operations Management, pretty much an intense more in depth version of Principles of Operations Management, which I took at an Undergraduate level.  We formed an awesome group for our cases, homework and project, to which we excelled very nicely.  We had one midterm and one final exam, along with weekly homework assignments and quizzes.  I definitely learned more and appreciated more of the operations and supply chain side of a business -- definitely can see where there can be jobs from this, as it is a nice way to increase effectiveness and efficiency in an organization.  Luckily, again, I received an A

Grad School GPA as of today = 3.944

San Jose California - Came back from San Jose California late last night.  Best trip in a while.  I love San Jose.  Perfect weather and perfect people.  This was for our Beta Alpha Psi National Conference meeting, to which we presented on Innovative Career Networking.  We offer many activities and events for our students to meet and network with potential employers, it is amazing.  I was very proud to present with my group and I believed we performed very well, as we received many questions and spoke with our moderator afterwards for a while to which we always stated - "you are all on top of this and are on your top game".  We enjoyed the 6 days we were out there, meeting new students from universities across, not just the US, but world.  We had great afternoons and nights, and I have created memories with my friends that will last a lifetime.

August 24th.  First day of Fall Session begins.  I am taking 3 courses, 9 credit hours total.  I will be taking 3 courses in the spring to complete my MBA finance program.  It will be a busy year - as I am VP of communications for BAP, Co President for Student Toastmasters and am currently working 35-40 hours per week.  My class schedule is nice - only there on Tues/Thurs.  Sadly, I am there until 10:40 PM, however.  I am going into this semester with a completely different outlook.  I want to learn and experience as much as I can, with as many people as I can.  I want to attack everything that I do on a daily basis with full thought and soul, to really get everything I can out of it.  I am excited to create new friendships and strengthen current ones.  Here we go everyone, Fall 2010 is going to be amazing.

I will update as soon as possible, thank you for reading and good luck to everyone on the close of their summer!!  When does everyone else start?  What courses are you taking? Post below if you'd like!

-Lanny Berlingieri