Written by Christopher Hotchkiss
Paul Kinscherff, the former CFO of International Finance at Boeing and a current executive in residence at UT, took time out of his day recently to discuss his career and past with Canfield Business Honors students during Lyceum this week. Students asked about international experiences, mentorship, and current events.
Kinscherff began by discussing the decisions that led him towards business and away from a role in government. He discussed his undergraduate degree in public administration and how his arrival at UT prompted him to consider other a dual degree option with the LBJ School of Public Affairs and McCombs School of Business. Kinscherff also explained how the advice of his father proved beneficial in helping him make career decisions.
Kinscherff said that he was, “Initially accepted by the LBJ school and (in the) first semester, someone walked up and asked, ’Why are you here?’” Kinscherff said this was, “Absolutely a wake-up call.” He also said that his father told him, “If (he) really wanted to have an impact, (to) go spend some years in the private sector and then come back to government.” Now, Kinscherff said he thoroughly enjoys giving back to the University of Texas. Continue reading
Name: Sloane Castleman
Major: Canfield BHP, Plan II Honors
Company: National Basketball Association (NBA)
Position: Team Finance Intern
Topics of Interest: Outdoor skiing, music, reading, photography, finding new restaurants
While some students searched Recruit McCombs for investment banking, marketing, or consulting internships last year, Sloane Castleman took a different route. She browsed Google for different Finance positions and eventually found a posting that stood out. After applying, interviewing, and getting the job, Sloane spent this past summer in New York as a Team Finance Intern for the National Basketball Association (NBA).
Interning with the NBA before her senior year allowed Sloane to learn more about not only finance, but also basketball. She had the opportunity to compile the PNLs of each of the teams, review year over year team profitability, and analyze the models that the NBA uses for League financials.
“I was specifically under the team and labor finance group and I helped create a model that was a template for the outputs that we needed to give the (team) directors. It was cool because I got to look at their other models and see how the NBA as a whole viewed leagues’ finances, including international leagues like the China League and Africa League,” Sloane said.
Oddly enough, Sloane didn’t apply to the position as a major basketball fan. Rather, she applied because she thought the position would be a great learning experience. She said she wanted to explore something new and she loved sports, so it seemed like a great opportunity. In addition, Sloan studied abroad the semester before going into the internship and was able to take a Business of Sports class while in Europe that helped her the following summer. Continue reading