Finance: Major learns jargon and develops skills at Jacobs Petroleum Products, Inc.internship
As a student worker in the Career Services Office at Waynesburg University, Melissa Yoder saw plenty of internship postings land on her desk. She posted them, promoted them, filed them and, for one in particular, applied. In the spring of 2013, the senior finance major noticed an open position at Jacobs Petroleum Products, Inc. in Waynesburg, Pa., and pursued the internship.
From her first interview with the company, Yoder was impressed. She knew that she could learn quite a bit about business from the local start-up specializing in on-site delivery to drilling sites in the tri-state area. They, too, were so impressed with her interview and resume that they hired her for the summer and fall of 2013.
Yoder, who serves as the secretary for both the Student Investment Club and EnActUS, the Waynesburg University business club, enjoyed the family-owned atmosphere and learning from her supervisors in a meeting setting.
“As a finance major, sitting in on the credit meetings gave me a better look at some finance-related issues that will help me in my future,” Yoder said. “I also was able to sit in on a few management meetings which gave me a better insight on how a small family owned business is run.”
She felt most challenged by the jargon and lingo related to the oil industry, but learned how to communicate about the company and its operations.
“Fuel isn’t known as just fuel in this business,” Yoder said. “Since I was entering billing information, I had to learn the different types of fuel and what they can be referred to, the numbers that corresponded with them, all of the numbers for the trucks owned by Jacobs and the account numbers for all of the businesses and individuals we provide with fuel.”
With so many numbers to track, calculate and record, Yoder employed the knowledge gained in her classes at Waynesburg University. She also managed her time well due to experience in extra-curricular activities on campus.
“Having a business computer class is probably what helped me the most,” Yoder said. “I was able to put anything they wanted into a spreadsheet on excel or quickly format a letter to fit on letterhead. Being the president of Habitat and involvement in other clubs helped me to manage many different tasks and responsibilities.”
She also took time to remind herself daily of “not only the University she was representing, but also God” and His wishes for her.
“It was important for me to keep my testimony and try to show my coworkers what a student from a Christian University should act like,” Yoder said. “I can definitely say I know how to handle myself in a work environment now. I have seen myself grow to be a more independent person.”