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Practicum

A course of study designed especially for the preparation of clinicians 
that involves the supervised practical application of previously studied theory.

The Christos M. Cotsakos College of Business is pleased to invite eligible students to participate in a practicum work experience which simultaneously earns three credit hours of credit.  The practicum work experience is one of an ongoing set of numerous professional enrichment opportunities and alternative pedagogical methodologies that the Christos M. Cotsakos College of Business encourages all students to consider.

What is Professional Enrichment?
The Christos M. Cotsakos College of Business undergraduate programs are guided by a framework that includes, among other things, the professional enhancement, readiness, and awareness of our student body.  As such, the professional enrichment initiative encourages the provision of opportunities for our students to meet and network with area specialists, hear business leaders speak, become involved in work related activities such as internships, practicum, and job shadowing, and attend various seminars and forums that deal with their professional development and/or contemporary work related issues.

What is a Practicum?
A practicum is a guided work experience conducted within a group framework, where groups provide dynamic consultation to small businesses or other organizations, under the mentorship of a faculty sponsor.

Unlike internships, where students work on an individual basis in a structured work environment for an organization, Christos M. Cotsakos College of Business practicum experiences involve group dynamics.  Students, in small groups, under the mentorship of a selected faculty member, provide guided consultation to an organization/client and seek to explore a specific work related issue or practical business problem. The group proceeds, during the course of the semester, to provide updates to the client’s “point person” and the faculty mentor/sponsor. 

What are the Major Benefits of Enrolling for a Practicum?
Students who enroll for a practicum will:

• Earn three credits towards their curriculum credit hour requirements ,
• Gain hands-on experience employing group and team dynamics,
• Sharpen presentation and professional report writing skills,
• Experience a unique work opportunity in a semi-structured work environment,
• become familiarized with the actual decision making issues faced by organizations and learn how to integrate academic theory and technology with business practice,
• Develop an understanding of how business research is conducted,
• Work on an actual business project for a client,
• Experience the world of business consulting, and
• Develop business contacts and increase networking opportunities.
Simultaneously, the sponsoring organization benefits through the opportunity to leverage the student groups’ expertise and results to address the work issue or business problem that is being explored.

What Type of Consultation Might be Involved?
Student groups that participate in a practicum will become involved in consulting activities including, but not limited to:

• Implementation and utilization of contemporary accounting systems,
• Financial consulting and investment analysis, integrating financial datafeeds, databases, and software,
• Involvement in corporate strategic planning,
• The development of marketing plans,
• Exploration into export markets and global business operations,
• Small business start up and entrepreneurship
• Customer service issues and quality improvement.
What are the Requirements for Completing a Practicum?
Requirements vary by work opportunity, but generally involve:
(a) Weekly on-site visitations to the workplace to meet/consult with the client’s point-person.  These meetings offer the opportunity for the point-person to help familiarize students with the business world and the climate of the profession, and provide insight concerning career development issues.  Simultaneously, the student group provides updates to the client concerning progress made on the work related issue or practical problem being studied, information that has been gathered, and results of analyses that have been conducted in support of the project, 
(b) Employing group dynamics, and partitioning the workload that forms the basis for the practicum, between group members, 
(c) Providing periodical updates to the faculty mentor, and 
(d) Submitting a written report to the faculty mentor and the client, accompanied by a semester-end group presentation, where the end results of the group work effort and “consultation” are reported.
How do Students Enroll for a Practicum?
To be eligible for a practicum, the interested student must:
(a) have a GPA of at least 3.0, both overall and in the major, 
(b) have attained junior status by the beginning of the semester that the practicum is taken (58 credit hours earned), and 
(c) completed the core course requirement in the major area: 

Accounting – ACCT 312, 
Finance – FIN 320, 
Global Business – either ECON 370, FIN 400, MGT 309, or MKT 316, 
Management – MGT 200, 
Marketing - MKT 210,
Professional Sales - RPS 205
.

Eligible students should submit the attached form to the office of the Christos M. Cotsakos College of Business Dean.  Hard copies of this form are available from the Director of Experiential Learning, Dr. Campanelli-Andreopoulos (973-720-3718, AndreopoulosG@wpunj.edu) or the Christos M. Cotsakos College of Business Dean's office. Students may additionally/alternatively indicate their interest to faculty members of their choice. Students who would like to work with other particular students may indicate this on the attached form, although groups are ordinarily constructed so as to meet the requirements of the client and facilitate the completion of the project. As projects materialize, interested students will be contacted by a potential faculty mentor, a Christos M. Cotsakos College of Business department chairperson, or the Christos M. Cotsakos College of Business Dean’s office.

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I am interested in exploring a Christos M. Cotsakos College of Business practicum work experience. Please contact me if an opportunity becomes available.

Name: _________________________________________________________________________

Local Address: __________________________________________________________________

________________________________________________________________________________

Phone Number: _________________________    Potential Group Partner’s Name(s): 

e-mail: _________________________________    (1) ______________________________________

Major Area of Study: ____________________      (2) ______________________________________

College of Business Advisor: __________________________