GPS 1.5: Research

What kinds of research jobs are out there?

Scientific research comes in two main varieties: basic and applied.

Correspondingly, there are basic research jobs and applied research jobs as well.

Basic research is what you will be most familiar with at a univeristy like UCSB.  This type of inquiry exists to understand fundamental truths about the natural world, usually without any commercial agenda.  Basic research jobs are mostly found in academic, governmental, and not-for-profit institutions and organizations.

Applied research, on the other hand, has a much clearer end-goal.  This type of inquiry is mostly aimed at understanding for the sake of developing an immediately useful technology or product.  This type of research is overtly commercial, and as such, applied research jobs are mostly found in the private sector (i.e. in business).

Which type of research job is right for me?

The answer to this question depends on what is most important to you.

Do you simply want to understand how things work, to further humanity's knowledge of the true nature of reality?  Do you crave absolute intellectual freedom in choosing what you study and how you study it?  Are you fine with having to continually fight for your funding (i.e. some or all of your paycheck) in a very competitive field?  If so then a career in basic research might be right for you.

EXPLORE OPTIONS

Accounting Overview

  • Check out Accountants & Auditors(link is external) under Bureau of Labor & Statistics Occupational Outlook Handbook.
  • Log into Handshake and explore the Vault Guide to the Top 50 Accounting Firms.
  • Browse through accounting books in “Business and Entrepreneurship” section located in Career Resource Room (CRR).

Job Functions

Here are different service lines you can work in accounting:

  • Audit: Ensures that financial statements are materially realistic. Involves testing and validating information received from clients.
  • Tax: Researching tax issues and preparing a client’s taxes correctly. May advise clients on how to handle transactions and their business structure to minimize taxes.
  • Advisory: An umbrella term that involves other client services. This may include strategy consulting, valuation, internal controls auditing, forensic accounting, financial due diligence, and much more.

Employers

  • The Big 4: The four largest firms that offer accounting services to clients or companies. They are Deloitte, EY, PwC, and KPMG and their typical services include audits, tax help, consulting and advisory work. Each of these firms do on-campus recruiting at UCSB.
  • Mid-tier firms: Mid-tier firms offer the same services as the Big 4. However, they are smaller in size and scope, focusing on middle market companies while building a niche in a specialty service line or specific region. There are numerous mid-tier firms that recruit from UCSB.
  • Local firms: It is important to conduct research on accounting firms that are located within your hometown or the city you wish to reside in after graduation.

Tips for Success

All Class Levels

  • Focus on your academics (GPA is one important criteria that firms use to filter students).
  • Join Economics’ email listserv(link is external) and blog(link is external) to receive updates on internship/job opportunities.
  • Update your career interests on Handshake to receive a personalized industry newsletter.
Freshman
  • Look to gain leadership experience and communication skills (student organizations, part-time jobs, Greek life, etc.) related to financial responsibilities since this would be helpful in building qualifications.
  • Become familiar with different lines of service (Tax, Audit, Advisory) offered by firms.
  • Understand firms’ cultures to see which firms are the best fit for who you are.
  • Log into Handshake and check out GoinGlobal, which serves as a great resource that helps compare different cities and what it is like to live there.
  • Create a LinkedIn profile and connect with professionals that you have established a relationship with.
Sophomore
  • Determine which line of service (Tax, Audit, Advisory) and location you are interested working in.
Junior
For Incoming Junior Transfer:
  • It is critical to prepare your documents since deadlines occur during first weeks of Fall quarter.  Apply for internships in Handshake even though you may not GPA preference.  If Fall is your first quarter at UCSB, indicate your community college GPA on your resume since you will not have a current UCSB GPA.
  • It is important to begin complementing your academic degree with relevant, hands-on experience while at UCSB.
Senior
  • It is critical to update your documents since deadlines occur during first weeks of Fall quarter.  Reflect on skills/strengths acquired in your experiences while at UCSB.
International Students
  • It is mandatory to report to Office of International Students and Scholars (OISS) if you are participating in an off-campus internship and will also need to apply for either Curricular Practical Training (CPT) or Optional Practical Training (OPT).  Your internship or full-time job must be related to your major.
  • Log into Handshake and xxplore GoinGlobal H1B Visas database to research which U.S. companies have hired international students for accounting/finance positions.
  • Attend quarterly F-1 Visa OPT and Job Search Strategies for International Students workshops.
  • Read F-1 Visa Undergraduate Career Guide for International Students.

Looking for an INTERNSHIP or wanting to GET EXPERIENCE?

QUESTION: Can both Career Services’ events as well as campus events related to specific GPS be placed into a LIVE FEED instead of being static on website?  For this section, we would tag events as #CONNECT to populate in GET EXPEREINCE section of website #GPS BUSINESS

TO DO: list companies which offer internships or career clusters most commonly requested by UCSB students #GPS BUSINESS (ex: career clusters such as Accounting, Marketing, Consulting or internship positions (ex: Data Analyst, Financial Analyst)

Internships/Part-time employment

  • Explore Get Experience in Business, Finance & Entrepreneurship #GPS BUSINESS (NOTE: specific resources will be listed here instead of this general page)
  • Search for internships and part-time employment via GauchoLink (ex: search under Business/Human Resources or Sales/Marketing/Sales/Entrepreneurial) #GPS GENERAL

Volunteer & Community Service

  • Join student organizations based on your area(s) of interest (ex: Finance Connection, Entrepreneurs Association, Communication Association, American Marketing Association) #GPS BUSINESS
  • Seek volunteer opportunities on-campus (ex: Community Affairs Board) or get involved with local community (ex: United Way, SB Young Professionals Club, SB or Goleta Chamber of Commerce)#GPS GENERAL
  • Apply for leadership role on-campus (ex: Associated Students, student organizations) or consider Leadership Certificate Program (LCP) offered through Office of Student Life #GPS GENERAL

International & Research/Lab Opportunities

  • For those interested in international business, research international internships (ex: GoinGlobal) or consider studying abroad through Education Abroad Program (EAP) #GPS GENERAL
  • For those interested in analyst roles, connect with professors to obtain research assistant positions (ex: Economic Forecast Project, UC Center for Energy and Environmental Economics, Leonard and Gretchan Broom Center for Demography) or explore lab opportunities to assist graduate students or visiting scholars (ex: Laboratory for Aggregrate Economics and Finance, Experimental and Behavioral Economics Laboratory) #GPS BUSINESS

Additional Things to Consider
TO DO: use anything that is tagged as #GPS General

Looking to get a JOB after graduation?

TO DO: NOTE – to make things look different for student’s perspective, lead with this section and counselor conducts research on what jobs are in demand. Possibly create COOL GRAPHIC for this section #GPS BUSINESS

IDEA: create workshop (ex: possibly via Zoom webinar) to showcase jobs in demand/emerging market?  #GPS BUSINESS

Job Outlook/Emerging Markets

  •     Research online resources (ex: VAULT) to determine various companies based on industries you are interested in working for #GPS BUSINESS
  •     Set up LinkedIn profile to build connections within areas of business you are interested in #GPS GENERAL

Job Search Strategies

  •     Research online resources (ex: VAULT) to determine various companies based on industries you are interested in working for #GPS BUSINESS
  •     Set up LinkedIn profile to build connections within areas of business you are interested in #GPS GENERAL
  •     Connect with Professional Associations based on your area of interest such as: #GPS BUSINESS

    Accounting
    Actuary
    Consulting
    Entrepreneur
    Finance
    Marketing
    Sales

QUESTION: can both Career Services’ events as well as campus events related to specific GPS be placed into a LIVE FEED instead of being static?  #GPS BUSINESS

Considering applying to GRADUATE/PROFESSIONAL SCHOOL?

Hot Advanced Degrees/Advanced Degrees in Demand

TO DO: NOTE – to make things look different for student’s perspective, lead with this section and counselor conducts research on what advanced degrees are in demand. Possibly create COOL GRAPHIC for this section #GPS BUSINESS

Strategies

  • Determine which graduate exam is required for admissions (GRE vs. GMAT) #GPS BUSINESS
  • Investigate study preparation courses for your graduate exams if applicable #GPS GENERAL

MBA

  • When considering competitive MBA schools, it is recommended that applicants have at least a minimum of 4 years of work experience prior to applying #GPS BUSINESS
  • Conduct research for MBA programs at http://www.mba.com/us #GPS BUSINESS

QUESTION: can both Career Services’ events as well as campus events related to specific GPS be placed into a LIVE FEED instead of being static?  #GPS BUSINESS

IDEA: create workshop (ex: possibly via Zoom webinar) to showcase degrees in demand?  #GPS BUSINESS

Heading

text

Heading

text

Heading

text

Heading

text

Heading

text

Heading

text

Heading

text

Text after accordion.