Scrambling for New Talent Accounting Firms Compete for Top Summer Interns

Daily Herald (Arlington Heights, IL), June 13, 2007 | Go to article overview

Scrambling for New Talent Accounting Firms Compete for Top Summer Interns


Byline: Patrycja Malinowska

pmalinowska@@dailyherald.com

Many college students spend their senior year sending out a massive number of resumes, going to frequent interviews and anxiously hoping that they will receive a job offer before graduation.

But there are some lucky students who manage to avoid this mess.

Matt Raymond-Ihle just graduated from the University of Illinois at Urbana-Champaign. He spent his last year stress free, knowing he already had a job lined up after graduation.

"It made senior year a blast," Raymond-Ihle said.

The 22-year-old from Roscoe, a town north of Rockford, is one of many accounting, finance, economics and management information systems majors nationwide that are being actively recruited by major consulting and accounting firms.

He was offered a job last summer after finishing an internship with Protiviti Inc., a rapidly growing, five-year-old provider of independent risk consulting and internal audit services whose largest office is here in Chicago.

The growing company's revenues for 2006 were at $543 million, an increase of $64 million from the previous year. From 650 employees its first year, Protiviti has expanded to 2,900 in more than 50 offices worldwide.

With the industry in growth mode, the demand for good talent has risen, said Jessica Harrison, head of the Protiviti intern task force.

Internships have become a main recruiting function in the company's constant search for new talent. Last summer, Protiviti accepted 101 student interns; this summer the number has risen to 155 nationwide.

Interns receive real life work experiences as full-time consultants, exposure to different clients and a variety of travel opportunities.

This summer's interns arrived last week at Itasca's Eaglewood Resort and Spa for a weeklong training program to ensure that all of the interns receive a consistent message and to build a national camaraderie, Harrison said.

After completing the school, interns go to offices around the country for the duration of the summer program. Many are offered full-time positions after completing their last day. …

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