At Temple University’s Fox School of Business, every student that walks through the doors are prepared for leadership. Starting with this fall’s incoming class of business majors, all freshmen will go through the Fox Leadership Development Program (FLDP). Throughout their first year at the Fox School, students will take part in activities to earn points that strengthen competencies that companies and recruiters look for in potential employees. Activities like being part of a fashion show audience earn students ten points each and go up to 75 points for working abroad. Students must earn at least 60 points in each of the four competencies: community engagement, global awareness, personal and professional development, and financial literacy. By the end of the year, students are required to have 250 FLDP points and after meeting the minimum point requirement, they can begin working on points in any area they choose to specialize.
As part of the FLDP, students at Fox can kick off their community engagement efforts at the school by attending a school fair where they learn more about the available majors and minors.
The school offers a wide variety of majors, from the traditional accounting, marketing, economics, finance, business management, human resource management, economics, and real estate, to the less common majors like entrepreneurship and innovation management, legal studies in business, risk, insurance and healthcare management, actuarial science, healthcare risk management, international business administration, and management information systems.
In the last few years, the school has added another three majors: financial planning, supply chain management, and statistical science & data analytics.
FOX EXPANDING TO ACCOMMODATE MASSIVE CLASS-SIZES
With almost 5,000 students admitted to the undergraduate business program in Fall 2017 and about 1,800 entering undergraduate business majors, it is probably only natural that the Fox School announced plans for expansion just last month (October 2017). On top of expanding classroom space and modernizing the Entrepreneurship Institute, the school will also be adding a new atrium and a bridge to help students get to class on time while being safe from the harsh weather conditions in Philadelphia.
“We are the fastest growing and largest school in Temple. We are more than a quarter of the University. We have more than 10,000 students running around from class to class,” Dean Moshe Porat boasted to the entire Temple University community earlier this year.
Porat has been dean of the Fox School of Business for the last 21 years and has seen the school grow. In 2001, he was even selected “International Dean of the Year” by the Academy of International Business for his leadership and contributions to international business programs and research.
SCHOOL BOASTS ENTREPRENEURSHIP, INTERNSHIP OPPORTUNITIES
Under the leadership of Porat, students at the Fox School begin working on their personal and professional development with the FDLP from the get-go. By engaging in human resource workshops, healthcare workshops, university career fairs, or attending the new student networking night, they jump into learning how to meet new people and talk about the value they bring to businesses.
As students progress through the program and move into higher-level activities, they can choose to attend conferences, join a case competition, take on an ongoing internship, or report a job offer.
At Temple University, all students can gain real-world experience through the Fox School of Business Entrepreneurship Internship Program. However, only Fox School students have access to the International Business Internship Program.
At the core of the Entrepreneurial Internship Program is a 100-hour onsite internship that is usually unpaid. The course is required of all entrepreneurship majors but can also be taken as a business or free elective for other majors throughout Temple. They may also choose to take it more than once. The course is designed for the student to work on a project for a partner company that can be completed within 10 to 15 weeks.
With the strong network of the 99-year-old school, the internships available at the time of publication of this article included a logistics intern with the Delaware Steel Company and a business consulting internship in planning and management with Monkey Boys Production. For those looking for a more global business internship, there was an opportunity to work with Slade Unlimited, a consulting firm that imports fashion accessories from emerging market African countries such as Malawi, South Africa, and Sierra Leone. The school proudly claims as part of its FOX advantage that in spring 2014, 88% of students were offered positions in their sponsoring companies.
Behind the walls of classrooms at the Fox School, students are also given abundant opportunities to engage the community to learn and grow. Jason Eccleston, a 2015 graduate, says he worked on the digital marketing portfolio for a community business in his digital marketing course. The aim was to enhance their digital footprint and as part of the project, he learned to run a Google Adwords search Campaign and revamped their social media presence.
“To this day, the work that I did on this project is the sole reason I for my first job out of college in the Advertising and Media industry, doing paid search and social,” Eccleston says. “In addition, the knowledge I gained from the class propelled me into being one of the top entry-level talent which has led to 2 promotions in 2 years.”
PHILADELPHIA IS AN EMERGING TECH HUB AND HOME TO 14 FORTUNE 500 COMPANIES
The Fox School has its own small business development center where entrepreneurs can sign up to receive consulting on how to start or bring their businesses to the next level. The incubator also organizes events that teach people how to market to government agencies and understand the process of acquiring contracts and seminars on exporting and importing to expand your business internationally.
In April 2017, a report from the nonprofit organization, Progressive Policy Institute, and Washington D.C.-based technology network Technet, identified Philadelphia as an emerging startup hub. Other competing cities included Portland, Atlanta, and Denver.
Besides the startup and tech potential, being at Temple University is already to be in the midst of opportunities. Greater Philadelphia is home to 14 Fortune 500 companies, including real estate company Toll Brothers, AmerisourceBergen, Comcast, DuPont, and Campbell Soup. What’s more, Philadelphia’s location between New York City and Washington, D.C., allows students at the Fox School to easily travel to meet with alums and potential employers.
In a survey with Poets&Quants, the school shared that almost 25% of the Class of 2017 participated in a consulting project with an external organization and over 72% had business-specific internships before entering their senior years. Just 90 days after graduation, more than 90% of students in the class of 2017 seeking jobs had found full-time employment.
The school reported that The Vanguard Group, an investment management company based in Pennsylvania, was the top employer for Fox students both in 2016 and 2017. Over those two years, almost 70 graduates joined the firm. Other top employers include JP Morgan Chase, KPMG, PwC, Cigna, and Aramark.
Choosing Temple University doesn’t have to be all about the business when you’re living in a city with one of the nation’s top ten public transportation systems. The Alliance for Biking and Walking also ranked Philadelphia seventh in the country among large American cities whose populations walk or bike to work. Living off campus won’t cost students an arm and a leg either, with a relatively low cost of living. However, that may be set to change as it was recently ranked third best metro for the Amazon’s new headquarters.