Participants Comments | Internship Reports

Report on Internship and SOM courses. Summer 2000

Artyom Volkov

Time of the trip to Flint, MI I can divide into three parts:
I.1. Internship in Dupuis&Ryden
I.2. Three courses in School of Management of University of Michigan Flint:
· International Finance - Dr. Seyed Mehdian
· Money & Banking - Dr. Mark Perry
· Strategic Management - Dr. McGraw
I.3. Culture program

I.1. The most important part for me was internship.
My internship included the following steps:
1. Studying principles of accounting in the USA system.
2. Acquaintance with information system in the US Accounting company.
3. Work in sphere of providing service to the firm's clients.
To be more specific, during my internship, I worked on the following reports:
· Summary about current situation in automotive and plastic industry.
· Summary about food industry.
· Cash flow report for one of the client.
4. Compiling annual audit report for a client.
5. Building computer network in the new office of the firm.

In conclusion I want to say that internship in Dupuis&Ryden was very interesting for me, that was great experience! In Russia I already had experience in working at Audit Company, that's why internship in Dupuis&Ryden was specifically informative and important for me. Generally speaking I had a great opportunity to compare in real life two audit systems - used in the USA and the one I worked with in Russia. This could never be accomplished in its fullness if I just read some books.

I.2. Three courses taught by SOM faculty members during Summer Semester were very useful and important. I can positively say that with these courses I understood quite a number of things about international finance and strategic management.
I met with Dr.Perry and Dr.Mehdian when they came to IABB, Togliatti to teach me and my classmates (3rd year students of Finance & Management Department) as a part of collaboration program between SOM and IABB. Well, that was my acquaintance with them, and I was really excited to have such an opportunity to take more courses of theirs originally in the US. Besides I took Dr. McGraw class, and it really appealed to me as well.

I.3. Culture program was jut extraordinary. I can't express how thankful I am to Dr.Ted Williams and Dr.Greg Allar and all SOM faculty members who actively participated in providing our leisure time and cultural program:
- Dr. Betty Velthouse, Dr. Madhu Angur, Dr. Mark Perry, Dr. Seyed Mehdian, Dr. Vahid Lotfi, Dr. Cathy Miller, Dr. Vijay Gondhalekar, Dr. Jack Smith and others. I think that culture program was perfectly organized and held. My appreciation for the great work done by the American professors.

Recommendations
I've already mentioned some recommendations above, but I want to add one. It concerns internship and classes: I think that daytime should be devoted only for internship and evening time for study. To my understanding this will let the students to be more efficient at Internship Company.

At the end I want to say a big 'Thank you' for all people involved in IABB students summer visit to Flint, MI.