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Levy Fee
Information
Presentation
What you need to know
Narrator:
 Prasanth
  Sivabaalan
 BIT SOC President
 4th year Finance
Who is BIT SOC
 Faculty student council
 Business and I.T Society is the governing
  body of all FBIT academic clubs
     UOAA - Accounting Association
     UOMA – Marketing Association
     DECA U – DECA U chapter at UOIT
     International
     Game Development
     Finance Society
     HRA – Human Resources Association
What is this levy fee?
 Additional   $10.00 will be added to tuition
  fees
 Funding will be allocated to the Business
  and I.T. Society, thereafter funds will be
  distributed to subsidiary organizations &
  events under the BIT SOC banner
 See Excel file in Levy fee folder
The need for the levy fee?
 Past& current financial difficulty
 Growth of the society and its affiliated
  groups
 Subsidy for external events
 Higher Quality of events
Benefits to levy fee
 Active students gain academic & work
  related experiences

 Higherquality & quantity of events to FBIT
  student body

 Catch    up to other universities

 Positive   PR for UOIT and FBIT
Counter Argument
   Those who are not active club members or do
    not attend club events

       Support fellow peers who compete against
        other universities
       Bringing sponsors and professionals to our
        university
       Name recognition to employers and general
        public
       UOIT’s support for the Athletics team = positive
        PR for UOIT
When?
 Voting   starts on January 25th – 27th
 Polls will open via online link will be post on
  faculty communication board

 Information session will be held on
  January 23rd in UA 1220 at 7:00pm

 VOTE   “YES!!!!!”
Future events

 GeDC  Global Game Jam         Jan 27th
 Executive positions            Mid Feb
 HRA networking night          Feb 28th
 UOAA case competition          Mar. 9th
 LAN WAR 3                     Mar. 9th
 UOMA + HRA case competition   Mar 31th
VOTE
YES!!

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Bit soc levy fee information presentation

  • 2. Narrator:  Prasanth Sivabaalan  BIT SOC President  4th year Finance
  • 3. Who is BIT SOC  Faculty student council  Business and I.T Society is the governing body of all FBIT academic clubs  UOAA - Accounting Association  UOMA – Marketing Association  DECA U – DECA U chapter at UOIT  International  Game Development  Finance Society  HRA – Human Resources Association
  • 4. What is this levy fee?  Additional $10.00 will be added to tuition fees  Funding will be allocated to the Business and I.T. Society, thereafter funds will be distributed to subsidiary organizations & events under the BIT SOC banner  See Excel file in Levy fee folder
  • 5. The need for the levy fee?  Past& current financial difficulty  Growth of the society and its affiliated groups  Subsidy for external events  Higher Quality of events
  • 6. Benefits to levy fee  Active students gain academic & work related experiences  Higherquality & quantity of events to FBIT student body  Catch up to other universities  Positive PR for UOIT and FBIT
  • 7. Counter Argument  Those who are not active club members or do not attend club events  Support fellow peers who compete against other universities  Bringing sponsors and professionals to our university  Name recognition to employers and general public  UOIT’s support for the Athletics team = positive PR for UOIT
  • 8. When?  Voting starts on January 25th – 27th  Polls will open via online link will be post on faculty communication board  Information session will be held on January 23rd in UA 1220 at 7:00pm  VOTE “YES!!!!!”
  • 9. Future events  GeDC Global Game Jam Jan 27th  Executive positions Mid Feb  HRA networking night Feb 28th  UOAA case competition Mar. 9th  LAN WAR 3 Mar. 9th  UOMA + HRA case competition Mar 31th

Editor's Notes

  1. Talk a little bit about myself and my credentials
  2. BIT SOC is the short form for the business and I.T societyWe are a governing body for all fbit acedBIT SOC is newly formed society (groups been running longer than the society)More funding coesiveness and share resources - Explain purpose of BIT SOC Funding, SA procument of event, communication channel, training, and faculty support
  3. Where to find funding distribution file
  4. - SA funds BIT SOC then distribute to groups and events-Current budget 10k under budgeted by 8-10k -describe high expenses for events (armark, venues, etc)-describe how future events will look like-subsidies for competitive or industry related external events-Higher Quality = focus less on financials & more on value
  5. Benefits to the levy feeActive students cangain the opportunity to learn academic & work related experiences being an executive on a academic clubs, such as a CFO can learn financial modeling, eventing planning for Operation officers and leadership skills for presidents. For general member, opportunities to learn from workshops and other events that offer hard skills, how to create an effective presentation, critical thinking (case analysis), and many more hard skills you can add to your resume, which university education cannot offer due to time constraints.Again,Higher quality & quantity of events to FBIT student body for a diverse portfolio of events for students to attend that match their needsPlaying “catch” up to other universities, current other societies at othe university ryerson, u of t, waterloo association charge $50 per student we’re only offering $10End of the day Positive PR is generatedfor UOIT and faculty of business and I.T. -Career and resume builder - More events-PR rational: case competitions, events00019
  6. Counter Argument is for those who oppose the Levy fee idea, or students who not active club members or do not attend club events.It is understandable that a $10 mark up on tution is unwelcome, but you will be supporting events or clubs you indirectly from the levy feeyou are supporting your fellow peers who compete against other universities to bring home medals for UOIT and FBIT, also peers who organize events that involve corporate sponsors and professionals to our universityEnd of the day name recognition to employers and the general public through BIT SOC group initiatives.How UOIT supports the athletics team = PR and brand equityCA’s, CFA, MBA, etcWord of mouth and media press on victories (case competitions or events)00033
  7. Hopefully all the information about the $10.00 levy fee has been transparentWhat you can do your school, your faculty and student clubs .. Its simple vote “yes”.. The landscape of business and I.T. clubs are in your hands and will dramatically change for the bettervoting will start on Jan 25th at 9 am to 27th 5pm,A link to the voting polls will be posted on FBIT’s communication board on WebctVoting will commence via online hosted by the Student assoc.BIT SOC will be hosting a Information session on Jan 23rd in UA 1220 at 7:00 pm to answer any questions regarding our levy fee proposal.I hope to see you all there.VOTE YES, you will be making a difference at UOIT00059
  8. Game dev club will be hosting the global game jam event on Jan 27th – This is a 48hr event, which teams students will have to produce a game under a 48 time limitedpleasevisit game development page via FacebookExecutive club position will be posted on Webct from early to mid Feb – letter of interest will be requiredHR association is hosting a Networking night with industry professional in HR Feb – Feb 28th visit HRA’s facebook group for more informationTickets will be sold in UA atriumAccounting association’s case competition will be held on mar 9th at the ACC this is 2 day event, tickets will be on sale soon possible please visit UOAA’s website for more infomationLAN WAR 3 a charity event will commence on Mar 9th 48 hr event .. Tournment registration will open soon Connecting the elements case competition a HR, Marketing and Strategic management case competition will be on Mar 31stTicket will be sold soon asap000093
  9. BIT SOC will be fundraising for events with UOIT FBIT hoodiesEconomy verison will showcase uoit and FBIT stitching with associated programs – info, busi, or game devePremium version also be sold with addition stitching with major or program specializations for senior studentsVote yes 0102