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Consortium MBA Blog

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Consortium MBA Blog [#permalink]

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New post 01 Aug 2017, 03:11
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Bears Beyond Borders: Alumni raising money for bicycle charity [#permalink]

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New post 01 Aug 2017, 03:12
FROM The Consortium Admissions Blog: Bears Beyond Borders: Alumni raising money for bicycle charity
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Consortium alumni Jean-Marc Chanoine and Juan Casanova are traveling the world on a mission. The recent University of California, Berkeley, graduates join Bears Beyond Borders, participating in the Charity Race to support World Bicycle Relief.

This Mongol Rally is a race in which more than 300 teams from around the world will attempt to drive woefully small cars from London to Mongolia over the course of six weeks. Why would these two do such a thing? The reason is philanthropic: The Mongol Rally was originally created with the idea of delivering ambulances to Mongolia.

This year, each team gets to select a charity that is near and dear to their hearts. Chanoine and Casanova have chosen World Bicycle Relief. WBR is an organization that builds specifically designed, locally assembled bicycles for students, health care workers and entrepreneurs across Africa, South America and Southeast Asia. In many areas throughout Africa, it takes eight hours per trip to collect water than only lasts a day or two.

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Mia “La Picante” Kia

The guys have transformed a boring white Kia Picante into the undeniably fierce and foxy Mia “La Picante” Kia. “We’ve reinforced our suspension for bumpy times ahead and installed a steel sump guard to defend against Mongolia’s malicious rocks, infamous for puncturing unfortified oil wells. Our Kia Mia has also been dressed to the nines in beautiful graphics, turning our one-liter tire burner into a bona fide head turner. For the cherry on top, we put ‘Barry the Bear,'” stated Chanoine, a tip of the hat to the mascot of UC Berkeley. Barry the Bear is Bears Beyond Borders’ mascot and has been chained to the roof of the Kia Mia.

At our last communications, Chanoine and Casanova were en route to Dover, England, where they were catching a ferry to Calais, France and continuing on to Brussels. After completing this 10,000-mile trek to Mongolia, Chanoine, Casanova and Barry the Bear will be changed forever by a mission to make others’ lives better. What are you doing this summer?

Additional rally information and how you can support this community improvement project can be found at www.bearsbeyondborders.com.

The post Bears Beyond Borders: Alumni raising money for bicycle charity appeared first on The Consortium.
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UNC Kenan-Flagler Dean Named New Chair of Consortium Board of Trustees [#permalink]

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New post 01 Aug 2017, 03:12
FROM The Consortium Admissions Blog: UNC Kenan-Flagler Dean Named New Chair of Consortium Board of Trustees
ST. LOUIS, Mo. (July 31, 2017) — An award-winning researcher, teacher and the dean of The University of North Carolina Kenan-Flagler Business School has become the 20th chair of The Consortium’s board of trustees.

Douglas A. Shackelford, the Meade H. Willis Distinguished Professor of Taxation at UNC Kenan-Flagler, began a two-year term as board chairman on July 1. Joining him as the board’s vice chair is Stephanie Barbee Williams, Senior Associate Director of MBA Admissions and Student Recruitment at UNC Kenan-Flagler.

“I am extremely honored to serve as chair of the board of trustees of The Consortium for Graduate Study in Management and contribute to its mission to increase diversity in U.S. business schools and corporate management,” Shackelford said. “I admire the Consortium’s important work and, as a UNC Kenan-Flagler graduate, I’m especially proud that we — as one of the first business schools to join — have partnered with the Consortium for more than four decades. Our diverse community is one of our greatest assets and enriches all students’ experiences and learning.”

Founded in 1966 with three universities, UNC Kenan-Flagler became the sixth school to join in 1973. Now with 19 top-tier member schools, The Consortium provides fellowships to nearly 500 students annually and access to a network of corporate partners and alumni to increase diversity in corporate leadership and business education.

“We’re fortunate to have strong leaders who are so committed to our mission at the helm of our board,” said Peter J. Aranda III, executive director and CEO of The Consortium. “I’m looking forward to working with both of them in their new capacity.”

Dr. Shackelford’s work focuses on taxes and business strategy, particularly relating to the effects of shareholder taxes on equity prices, taxation of multinationals and disclosure of corporate tax information. He served as associate dean of MBA@UNC, the innovative online MBA program, and the Master of Accounting Program at UNC Kenan-Flagler. He is a research associate at the National Bureau of Economic Research in Cambridge, Mass., and has held visiting faculty positions at Stanford University, Universiteit Maastricht in the Netherlands and Oxford University.

Williams has more than nine years of experience in higher education admissions and recruitment. She received her undergraduate degree in business administration from Hampton University, her master’s degree in business education from UNC-Greensboro and her law degree from NC Central University School of Law. She joined the UNC Kenan-Flagler admissions team in early 2015.

Pictured above: Douglas A. Shackelford, dean of UNC Kenan-Flagler, becomes the 20th chair of The Consortium board of trustees. Stephanie Barbee Williams, senior associate director of MBA admissions and student recruitment, is the vice chair.

The post UNC Kenan-Flagler Dean Named New Chair of Consortium Board of Trustees appeared first on The Consortium.
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Guest Post: Why use an admissions coach? [#permalink]

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New post 04 Aug 2017, 07:00
FROM The Consortium Admissions Blog: Guest Post: Why use an admissions coach?
By Kofi Kankam, Admit Advantage

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Kofi Kankam, Admit Advantage

As we enter the season of your favorite schools releasing their applications, many of you may be asking a question we hear frequently: “Why do I need an admissions consultant to help get me in?”

You may be surprised to hear my response: “You don’t need one. But you probably would benefit from using a good one.”

Do you absolutely need a coat in the winter? Nope. But, you know that knowing smile that someone wearing a super-warm goose feather has in a full-on winter storm? That person is never unhappy. And applicants who use an exceptional admissions coach usually have that same smile of inner peace.

Seriously, here are few reasons to consider finding yourself a good admissions consultant to help you get on campus at your dream school.

Knowledge and Muscle Memory
A coach who has seen hundreds or thousands of candidates from a variety of backgrounds, professions, nationalities and perspectives can offer an applicant a true compass on effective structures of persuasion as well as ones that fall on their faces.

Knowing how to leverage stories, accomplishments and personal characteristics into a cohesive narrative across essays, letters of recommendation, resumes, and data portions of applications takes time. Good admissions consultants have built-in muscle memory you can tap into.

Honesty in Ways Nobody Else Has
Don’t expect your mother, your best friend, your partner or your Friday night crew to be critical (enough) of you in this process. Especially when they know the odds of getting into your dream schools are statistically tough.

But the honest critique of a paid supporter will compel you to address weaknesses that give you a viable shot at getting into your dream program as opposed to excusing blemishes that will likely keep you out.

While it can be hard to give objective and sometimes harsh (and accurate) feedback about someone you have known for awhile and care deeply about, admissions coaches have no such qualms. It’s not that we don’t love you. But tough love is our business. Literally. And administered correctly, it can be quite good for you.

Structure for Days
For days…a good…er…great admissions consultant will be equipped with a robust process that will exhume your finest points and mitigate your most crippling weaknesses. He will focus on how to harness the 20 minutes you have during a weekday, while giving you the undervalued ability to avoid writer’s block of any kind.

He will give you a compass (and a shove) to start along a well-lighted path and ensure you don’t falter or quit in the dark of indecisiveness.

How? Because the process will be outlined. It will have been architected before you even started. The good ones will know where you’re most likely to get a bit wobbly and they’ll be there to steer you through this period.

You’ll have peace of mind in the security that you’re putting your best foot forward in an admissions world of great opaqueness.

And the benefit of working in a modular manner with a leading advisor will help you be efficient and get your applications out to more programs for round one and round two alike.

Intuitive Knowledge, Personal Relationships
The base of inner knowledge on a business school program is three-pronged and quite helpful for you if used correctly.

Your admissions consultant likely went to a top-tier MBA program, has friends who are attending or are alumni of many of your target schools, and has placed candidates there.

So, she’s got a little “inside baseball” that can make your application more reflective of the culture and give the admissions committee more confidence that you’re actually going to matriculate if you’re accepted—and have an outsized impact there.

That foundation can yield a better result than your hours of looking through the website and speaking to a few current students a few weeks or months before you apply.

These reasons partly explain why great admissions companies like ours with AdmitAdvantage have consistently helped candidates gain entry into great MBA programs and often with scholarship money.

I’m not remotely stating that you need an admissions consultant to get into an MBA program. Walk away—in fact, run away—from anyone who dares engage in such stupidity. However, I am suggesting that the correct selection and usage of one can give you a decided admit advantage (see what I did there? So impressive) when you do make that push.

Think I’m crazy, insightful or just plain fascinating? Let’s discuss your admissions candidacy (or swap stories about the craziest thing you’ve seen in the admissions process).

Never Apply Alone.

Kofi Kankam is the cofounder and CEO of Admitadvantage.com and Admit.me. An alumnus of Harvard (AB, MEd) and Wharton (MBA), he is excited to have paid off his loans before he turned 100 years old. A member of recruiting and leadership efforts for both universities, he is often found rooting on his Cavs and trying to re-assemble things he should have never dared taken apart before his wife finds out.

The post Guest Post: Why use an admissions coach? appeared first on The Consortium.
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Consortium Connections – Taking it to the streets [#permalink]

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New post 16 Aug 2017, 09:00
FROM The Consortium Admissions Blog: Consortium Connections – Taking it to the streets
Join us for a brief evening of networking to meet fellow alumni and the newest Consortium staff working in alumni relations.

THURSDAY, AUGUST 31

6:30 – 8:00 PM

We are teaming with our recruiting department to meet you – the pillars of our organization – in a city near you! Hear about what’s new with The Consortium and learn how you can get involved. First stop . . .

NYU STERN SCHOOL OF BUSINESS

Paulson Auditorium, Tisch Hall

40 West 4th Street at Greene Street, New York

Light appetizers and libations will be served.

Alumni RSVP

  • Name*

    First

    Last

  • Email*

  • Phone
  • Consortium School*Choose OneUniversity of California, BerkeleyUniversity of California, Los AngelesCarnegie Mellon UniversityCornell UniversityDartmouth CollegeEmory UniversityIndiana University-BloomingtonUniversity of Michigan-Ann ArborNew York UniversityThe University of North Carolina at Chapel HillRice UniversityUniversity of RochesterUniversity of Southern CaliforniaThe University of Texas at AustinUniversity of VirginiaWashington University in St. LouisUniversity of Wisconsin-MadisonYale University
  • Graduation Year*Choose One20182017201620152014201320122011201020092008200720062005200420032002200120001999199819971996199519941993199219911990198919881987198619851984198319821981198019791978197719761975197419731972197119701969196819671966

The post Consortium Connections – Taking it to the streets appeared first on The Consortium.
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Washington University students send video support to UVA counterparts [#permalink]

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New post 16 Aug 2017, 10:00
FROM The Consortium Admissions Blog: Washington University students send video support to UVA counterparts
Consortium students at Washington University in St. Louis sent a video postcard showing support for their counterparts at the University of Virginia‘s Darden School of Business in the wake of last weekend’s violent clash between neo-Nazi white supremacists and counterprotesters—some of which occurred on the UVA campus.

Organized by class of ’19 first-year student Ony Mgbeahurike at the Olin Business School, the 3-minute, 28-second video also features seven other students: Jose Reynoso, Janell Cleare, Gheremey Edwards, Ricardo Mexia, Oscar Vasco, Bryant Powell and Jennifer Franklin—all first-year MBA students.

“If you need anything, hit us up and let us know,” Edwards said in his message of support and love.

The post Washington University students send video support to UVA counterparts appeared first on The Consortium.
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Wells Fargo makes hire through Consortium’s alumni recruiting process [#permalink]

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New post 17 Aug 2017, 12:01
FROM The Consortium Admissions Blog: Wells Fargo makes hire through Consortium’s alumni recruiting process
We’re pleased to let you know about another success in The Consortium’s “experienced hire initiative”: Wells Fargo has hired Consortium alumnus Martin Reavis for a position as community development credit analyst.

Reavis, a 2017 MBA recipient from the University of Rochester Simon Business School, worked through The Consortium’s Brian Wesley, assistant vice president for talent engagement, in order to connect with the Wells Fargo opportunity.

“Whether you have 20 years of experience and you’re looking for your next step on the career ladder, or you’re a young alum holding out for the right dream job to launch your career, we are here to help,” Wesley said. “We’re here to connect members of the Consortium family with great opportunities with our corporate partners.”

Reavis comes to Wells Fargo with extensive experience in commercial lending, credit risk management and community development and financing. He started in the position June 19.

The search was aided by Wells Fargo’s strong partnership with The Consortium—and involvement by another Consortium alumna, Fannie Pryce, relationship manager. Pryce is a 2010 MBA recipient from the University of Michigan-Ann Arbor Ross School of Business.

Reavis is yet another success for The Consortium’s experienced hire initiative along with Tyler Converse(Rochester ’14), hired by CVS Health, and Vasco Bridges (Michigan ’10), hired by Northwestern Mutual.

The post Wells Fargo makes hire through Consortium’s alumni recruiting process appeared first on The Consortium.
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Breaking into tech with an MBA [#permalink]

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New post 31 Aug 2017, 06:00
FROM The Consortium Admissions Blog: Breaking into tech with an MBA
This is a guest blog post by Will Nash, Dell’s product marketing manager and MBA recruiter. He’s also a Consortium alumnus from the University of Michigan-Ann Arbor Ross School of Business, class of 2012.

Many of the most successful and innovative companies in the world are within the technology industry. Tech companies are disrupting the way we live and need top talent to continue to compete and bring groundbreaking solutions to customers.

I’ve noticed that more MBA students are interested in pursuing a career in tech, but may be unsure how to proceed. Without a computer science or engineering degree, it may seem to be a daunting task.

You may be surprised to find out that you do not need a technical background to join a tech company. As a product marketer and MBA recruiter at Dell, I can tell you that tech companies need your diverse perspective and your transferable skills to make an impact in MBA roles across the business.

There are steps you can take to stand out, display your passion for tech and connect with the right people to be successful and break into tech with an MBA.

Have a Story
Even though you do not need to have a technical background to gain a role at a tech company, you need to have a great story and to be able to articulate why you are interested in tech today. Tech is innovative; cool will not do.

For me, I have always been a lover of all things technology and have focused my marketing and sales career on growing new product and business lines.

It’s up to you to connect the dots for recruiters and market yourself appropriately. Your interest in tech may have been sparked by a side project at work or through volunteer efforts. Perhaps you have always been interested in technology products and tinkered with computers as a child. Your story is your story and you should make sure it portrays your true interest in tech so it resonates with recruiters.

Do Your Homework
Which are the top tech companies to target based on your interests? What is their interview process? What business are they in and how do they serve customers? You have to do your homework and research the companies so you know who to—and so you can talk knowledgeably about their solutions.

It also helps to have a perspective on their business based on your research. In a marketing interview, you should not be stumped if asked a case question about their top tech product. Displaying your passion for technology will help you stand out and will demonstrate your interest in joining a tech company.

Use Your Network
Joining a tech company is competitive. You need all of the resources you have to gain connections and display your interest to top tech companies. You will have classmates, alumni or friends of friends who have worked at your target tech company. They can provide great feedback on their experiences to help you walk the walk and talk the talk.

Also, make the most of corporate presentations by tech companies and network with recruiters when they visit campus. The first time recruiters meet you shouldn’t be at a potential interview. Building a relationship is key when you are new to the industry and have a unique story. Set up informational chats as needed and mock interviews to practice your story. Be scrappy and leverage the power of your network.

After executing the largest tech integration ever, Dell continues to need top MBA talent across the business. We value all experiences and believe that your transferable skills and passion for tech mean more than a technology degree. Dell looks for collaborative candidates who are data-driven and operate well in ambiguity. Consider us as you explore this dynamic industry and take the steps above to successfully break into tech with an MBA.

The post Breaking into tech with an MBA appeared first on The Consortium.
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Our 5 b-school students: Loving their summer experiences [#permalink]

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New post 21 Sep 2017, 10:00
FROM The Consortium Admissions Blog: Our 5 b-school students: Loving their summer experiences
Drinking from a fire hose. Diving into the deep end. These are some of the experiences our five selected students had as they put aside their textbooks and attended to their summer internships between their first and second year of business school as a Consortium fellow. With a year of b-school under their belts, our five students loved their being trusted to be leaders in the organizations they worked for.

With these latest learnings, we continue our series following these students from the start of business school throughout the two-year process. We’re following Alejandro Bolívar-Cervoni (Washington University in St. Louis); Elva Garza (Indiana University-Bloomington); Tite Jean-Pierre (University of Rochester); Tazia Middleton (University of California, Los Angeles); and Tobby Yi (Yale University).

In case you missed it, here’s part one of the series as they began business school (from Sept. 27, 2016); part two as they adjusted to the rigors of their programs (from Dec. 1, 2016); and part three as they were about to start their summer internships (on March 30, 2017).

And what did our five students do during their summers? Elva worked with the global marketing team at Starbucks (a Consortium corporate partner) in Seattle. Taziahad a summer consulting position at The Boston Consulting Group in San Francisco. Tite was an associate brand manager intern with Mars Inc. in its pet care division in Nashville. Alejandro was a brand management intern for SC Johnson & Son (another Consortium corporate partner). And Tobby worked in consulting for McKinsey & Company in San Francisco.

Here’s what we wanted to know after they finished their summers.

How was your summer experience like what you expected? How did it depart from what you expected?
Tite said her first year of business school prepared her well for her brand management internship at Mars Inc., where she worked on Greenies Pill Pockets, treats for dogs and cats. Her education, combined with networking with her Consortium community and “coffee chats” with other brand managers helped prepare her, “albeit, the first few weeks definitely felt as if I was drinking through a fire hose in getting up to speed.”

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Elva at a coffee tasting during her Starbucks internship. (Courtesy Elva Garza)

Elva said the opportunity allowed her to flex muscles she didn’t know she had—both intellectual muscles as she built her “marketing intellect” and physical muscles. “What I didn’t know is just how much fun I would have in the process,” she said. “I truly made it a point to immerse myself in the Starbucks and Seattle culture by attending frequent coffee tastings and going on hikes I never thought I could do.”

Tazia wasn’t expecting how quickly the summer job would ramp up: She received her assignment on a Thursday, briefed herself on the industry over the weekend and boarded a plane from San Francisco to Houston at 6 a.m. on Monday to get started with the client.

What was the highlight of your summer experience? Something you’re particularly proud of accomplishing?
Tazia organized a half-day workshop for a client. Tobby presented to C-suite clients. Elva felt her value to the organization in the way she was able to engage with senior leaders at Starbucks.

“I also loved the amazing support I received from the CGSM alum at the organization,” she said. “It’s nice to see our network in practice.”

Tite worked on a brand guide for the product she was assigned. Her work provided the guidance for the creative agency, which presented its concepts a few weeks later, after several updates, follow-up meetings and email exchanges.

“I was floored,” she said. “It was exactly what I would have made if I had the creative juices that the masterminds and left-brained folks did. I remember walking out of that meeting beaming with joy and a great sense of accomplishment.”

What did your summer experience teach you about your professional goals?
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West coast celebration event for Yale interns during Tobby’s internship at McKinsey & Co. (Courtesy Tobby Yi)

“I walked away from this summer with a better understanding of the impact I can have in the future and understanding that problems can be further broken down into more digestible pieces,” Tobby said. “Shoot for the stars, but build the rocket first.”

Across the board, their internships reinforced for our students that they were on the right path. “It gave me more confidence in this journey that I chose to embark on and motivation to keep working hard towards my goals,” Tite said.

For Tazia, it also reinforced that she’s up to the challenges presented by her chosen career path. “I enjoyed the challenge of throwing myself into something new and delivering key insights to the client on a tight deadline. I know that throughout my career it will be important for me to have both client engagement and interesting problems to solve.”

In what ways has your summer experience prepared you for your final year of business school?
As a practical matter, the summer at Starbucks showed Elva she needs (and wants) to become better versed in analytics and finance—coursework she’s focused on now.

The summer also gave Tazia the confidence to stretch as she entered her final year of b-school. “It might be tempting to select classes that are within my comfort zone,” she said. “My internship experience helped spark the curiosity and confidence to explore unfamiliar subject matter.”

Tobby now considers how to apply the 80/20 rules to his coursework: “The amount of energy we apply to accomplish perfection has marginal returns,” he said. “With one more year to do everything I want to accomplish before returning to the real world, I’ll have to let go of the FOMO.”

How does the start of Year Two feel different from the start of Year One?
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Alejandro in Mexico City. (Courtesy Alejandro Bolivar-Cervoni)

After traveling to his sister’s graduation from American University, taking a trip to Mexico City and his internship, Alejandro’s Year Two culminates a process that helped him focus his career interests. Marketing was his focus, but having some real-world experience has helped him pare down choices for industries and project function and role.

“I have also relished the opportunity to mentor incoming MBA students at Washington University,” he said. “I helped many new members of our Consortium class prepare for their Orientation Program, sharing those best practices that worked for me (namely beginning resume preparation early and gaining industry perspectives by connecting with university alumni).”

Tazia and others echoed that feeling of help for other students while feeling the same anticipation and excitement for Year Two as she did for Year One. The difference? Knowing what to expect and the ability to “help others looking to follow a similar path.”

“It’s pretty liberating, but it’s not all rainbows and butterflies,” Tobby said. “I only have one more year left of this incredible journey.”

The post Our 5 b-school students: Loving their summer experiences appeared first on The Consortium.
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McCombs alumna promoted to president at General Mills [#permalink]

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New post 27 Sep 2017, 07:00
FROM The Consortium Admissions Blog: McCombs alumna promoted to president at General Mills
Carla Vernon, McCombs (’98) Consortium alum, has been recently promoted to president of General Mills’ Annie’s operating unit. It’s no surprise to those who know her and have worked with her during her career. Her impressive resume speaks to the intentional moves she has made to reach the upper echelons of General Mills.

The nearly 30-year brand is now a leader in the natural and organic food market. Acquired by General Mills in 2014, it is best known for its macaroni and cheese product line, but also offers crackers, fruit snacks, frozen pizza and condiments.

John Foraker, Carla’s predecessor, said, “Carla is a purpose-driven leader who will maintain the culture and authenticity of the Annie’s operating unit, and help the broad enterprise continue its journey to become the most dominant CPG player in natural and organic across North America.”

We are immensely proud to call Carla one of our own and wish her the best in her new role.

The post McCombs alumna promoted to president at General Mills appeared first on The Consortium.
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Seattle Chat and Chew [#permalink]

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New post 01 Nov 2017, 11:01
FROM The Consortium Admissions Blog: Seattle Chat and Chew
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This past September in Seattle, the local chapter hosted a happy hour to gather the alums together and welcome the new class of Consortium graduates. The new class of alumni did not hesitate to introduce themselves to tenured alumni, and it was truly inspiring to welcome their fresh talent and motivation. While Seattle is a younger alumni contingent, this event reinforced the passion the chapter has to strengthen the Consortium legacy post-graduation.

Consortium Alumni Affairs generously sponsored the event, which not only connected alumni with one another, but also triggered ideas for events in 2018! Speaking of, see below for those event ideas.

  • Consortium Dinner/Fundraising Event – just like Consortium has supported us, we can do the same
  • “Night Shift” – a Seattle event where local DJs perform, and alums join in and bust a move
  • Community Service event
  • Boat Gathering on Lake Union or Washington – great for during the beautiful summertime!
The Seattle Consortium Chapter sincerely thanks Consortium Alumni Affairs and Adrienne Thomas for helping create this memorable occasion, and looks forward to what 2018 has in store!

 

“Being connected to CGSM post-graduation has been such a blessing as I embark on my new career at Starbucks in a new city. I really appreciated being welcomed to the Seattle chapter and meeting new Consortees from various years and companies. The number of members we have as well as the energy to initiate events to connect and give back is so exciting! Thank you, Jessica and Marco for organizing, and CGSM, for supporting ongoing development of our community beyond the MBA program.”

~ Christina Markle DeCoudres (USC, 2017)

 

This post was contributed by Marco Ramirez.

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National Philanthropy Month [#permalink]

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New post 01 Nov 2017, 11:01
FROM The Consortium Admissions Blog: National Philanthropy Month
November is National Philanthropy Month at The Consortium. We will celebrate the commitment of students, alumni, staff and friends who reflect the highest spirit of philanthropic generosity and leadership. Specifically, we hope to create awareness of the impact – individually or collectively executed – philanthropic deeds can create.

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CGSM Staff on #GivingTuesday, Nov. 29, 2016.

Last year, we embarked upon our first-ever #GivingTuesday campaign, a global day of giving fueld by the power of social media and collaboration. Celebrated on the Tuesday following Thanksgiving, it kicks off the charitable season. We were modestly successful, having raised $7,500 in a single day.

This year, our emphasis has expanded. Although we will request donations on #GivingTuesday, November 28, 2017, we are emphasizing charitable acts, too. Consortium staff are participating in a service project. Our student fellows will choose a local community charity and render an act of kindness through their volunteer services. Watch our social media pages for recaps and pictures.

How can YOU get involved?

  • Be an advocate. Tell your family and friends about CGSM and encourage them to give.
  • Make a meaningful donation. Your financial support furthers our mission to increase underrepresented minorities in business school and Corporate America.
  • Perform a random act of kindness during November in your community. Recap your participation here and we’ll track volunteer hours, too.
Post or tweet about your participation. Let’s go viral! #GIVINGTUESDAYCGSM2017

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Kelley Wins 1st Place at Case Competition [#permalink]

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New post 30 Nov 2017, 13:01
FROM The Consortium Admissions Blog: Kelley Wins 1st Place at Case Competition
Congratulations to Indiana University for placing first in the Carlson Elite 8 Brand Management Case Competition! Kelley MBA ’18 Candidate Tyler Whitsett (3rd from the left) was part of the five-member winning team. There were a total of eight participating schools in the competition, five of which were Consortium member schools: UCLA (Anderson), Berkeley (Haas), Michigan (Ross), University of North Carolina (Keenan-Flager) and Indiana University (Kelley). Kudos to UCLA Anderson and Berkeley Haas who placed second and third, respectively.

This post was contributed by alumna Erica Smith, Kelley ’17

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#GivingTuesday Service Projects [#permalink]

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New post 30 Nov 2017, 14:00
FROM The Consortium Admissions Blog: #GivingTuesday Service Projects
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CGSM Fellows at Tepper School of Business volunteered with the Islamic Center of Pittsburgh in Oakland for a food pantry event on November 18, 2017. We had a number of our members stationed on different sides to provide food to families in need and help clean. We also had a number of other members taking meal orders and helping to carry boxes for people who were disabled or people who had a lot to carry. This event was amazing because we got together as a group to help families who weren’t as fortunate as some of us are. Many of the people who came didn’t have jobs and needed food to feed their families. It’s always important to give back!

Submitted by Jassum Gloster, Tepper ’18

 

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On Friday, November 17, Consortium students from Georgetown’s McDonough School of Business volunteered at the Capital Area Food Bank. They helped sort and package donations. The CAFB works with a network of 500 partner agencies to source out over 40 million pounds of food. Our CGSM fellows were tasked with sorting food into different categories, packaging nonperishable items, and readying boxes for distribution. The day was a big success; John became an expert at sorting green bean cans from the assembly line! We also met some practitioners from PwC, who were also attending the event. Overall, it was a great experience and our fellows had a great afternoon bonding with each other, other volunteers, and CAFB employees.

Submitted by Barret Mueller, McDonough ’18

 

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The Consortium for Graduate Study in Management joined the #GivingTuesday movement by partnering with The Little Bit Foundation to serve the students in the St Louis area. After holding a underwear drive for four weeks, Consortium staff and Olin Fellows stocked the items in the warehouse.  Next, we went out to the schools and were personal shoppers for the students. “It’s not how much we give, but how much love we put into giving that counts.” –Mother Teresa

Submitted by Karen Green, CGSM Staff

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Consortium students featured in Cornell update on diversity initiative [#permalink]

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New post 19 Jan 2018, 08:01
FROM The Consortium Admissions Blog: Consortium students featured in Cornell update on diversity initiatives
Cornell University’s Samuel Curtis Johnson Graduate School of Management has featured two members of The Consortium family in a detailed feature about the school’s diversity efforts — and how involvement with one of those organizations brought them together.

Peter Ferrara (Cornell ’19) and Jorge Garcia (Cornell ’16) are active participants in the Toigo Foundation program to support underrepresented minorities. Both are also members of The Consortium, which has counted Cornell among its member schools since 2009.

In its Jan. 10 blog post, Cornell noted the bond the two men formed through their association through Toigo. “Not only do you have access to your own business school’s network and resources,” Ferrara told Johnson’s blog, “but you also have access to the networks all over the country where the foundation has fellows and alumni.”

Consortium alumni widely report a similar effect through their membership—the ability to instantly create a wide-ranging network within and beyond the school they attend. Since its founding in 1966, The Consortium has grown from three to 19 member schools. Cornell was the 16th school to join The Consortium.

When Ferrara initially got involved with Toigo, Garcia — a Cornell admissions ambassador and investment banking associate at Citigroup in Manhattan — reached out to Ferrara to offer support and guidance.

According to the Cornell article, the two became friends as Garcia continued to give Ferrara insight about the process of recruiting in investment banking and ways to leverage and build his Cornell network.

“I know that it can be overwhelming when you’re first starting out,” Garcia told the SC Johnson blog. “I let Peter know that I am always available whenever he needs something.”

Read more about Cornell’s D&I involvement as well as Garcia’s and Ferrara’s involvement with Toigo on the Samuel Curtis Johnson Graduate School of Management blog.

Pictured above: Left, Peter Ferrara; right, Jorge Garcia.

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McKinsey report reinforces (again) link between diversity and company  [#permalink]

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New post 07 Feb 2018, 20:01
FROM The Consortium Admissions Blog: McKinsey report reinforces (again) link between diversity and company performance
Consortium corporate partner McKinsey & Company has released a new report further affirming the link between a company’s financial performance and its commitment to diversity and inclusion.

McKinsey’s latest research, released in a 40-page January 2018 report entitled “Delivering through Diversity,” measured the likelihood that a company’s financial performance would outperform others with lesser commitments to diversity and inclusion.

In the report’s summary, McKinsey reported a contrast between its results from a similar report using 2014 data and its analysis of 2017 data. The firm compared diversity efforts in gender as well as ethnic and cultural diversity.

“In the original research, using 2014 diversity data, we found that companies in the top quartile for gender diversity on their executive teams were 15 percent more likely to experience above-average profitability than companies in the fourth quartile. In our expanded 2017 data set this number rose to 21 percent,” McKinsey reported.

In terms of ethnic and cultural diversity, the numbers were higher: 35 percent more likely in 2014 versus 33 percent more likely in 2017.

McKinsey also found that there is a “penalty for not being diverse on both measures.” Thus, full diversity across multiple dimensions is more rewarding to the bottom line than singling out gender diversity, or ethnic diversity.

“In our 2015 report, our hypotheses about what drives this correlation were that more diverse companies are better able to attract top talent; to improve their customer orientation, employee satisfaction, and decision making; and to secure their license to operate—all of which we believe continue to be relevant,” the report said.

Read the full details from the McKinsey website, or review these media reports about McKinsey’s research:

Pictured above: Members of The Consortium class of 2019 gathered in Atlanta at the Orientation Program before the Schoen Dinner.

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The Consortium’s story, celebrated by Washington University in St. Lou [#permalink]

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New post 14 Feb 2018, 08:00
FROM The Consortium Admissions Blog: The Consortium’s story, celebrated by Washington University in St. Louis
In a detailedstory for the alumni magazine of Washington University in St. Louis, readers learned the background and history of The Consortium through the eyes of some of its most dedicated alumni who participated during the decades of the 2010s, the 2000s, the 1980s and the 1970s.

“It was my obligation to come back and communicate that this wasn’t just about going to school for business,” Leroy Nunery (WashU MBA ’79) said in the article, as he described returning to campus to encourage future MBA students. “It’s about shaping a society based on your presence.”

Today, Nunery runs his own education consulting firm in Philadelphia. In 1977, he was part of The Consortium’s 10th class of students as a first-year MBA student at Washington University.

The three-part article focuses on The Consortium’s mission and how it began; five alumni who credit their success in part to their association with The Consortium; and Sterling Schoen, the WashU business professor who had the vision and founded The Consortium in 1966, along with his wife, Patricia Schoen, who stood by him through its early life. Pat Schoen died a year ago.

The piece is a lovely Valentine’s Day gift to The Consortium. Read more here.

Pictured above: Candace Armour, founder of Epic Fab Girl, a 2014 WashU MBA graduate and a member of The Consortium.

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Magnia’s many Consortium roles: Student, partner, board member [#permalink]

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New post 16 Feb 2018, 07:00
FROM The Consortium Admissions Blog: Magnia’s many Consortium roles: Student, partner, board member
Among members of The Consortium community, Dan Magnia holds a special distinction.

In 2008, he became a Consortium fellow and an MBA candidate at Dartmouth’s Tuck School of Business. The following summer, he went to work as an intern for Danaher, which, at the time, was not a Consortium corporate partner.

A year after that, Magnia went to work full-time for Danaher and, while working as a leader in university relations for the company, helped to lay the groundwork for a corporate partnership with The Consortium that came to fruition in 2015, when now Vice President for Global Diversity & Inclusion Ernest Adams pushed it over the finish line.

Meanwhile, Magnia has served as the alumni representative on The Consortium’s board of trustees since 2015—alongside Adams, who is a corporate representative on the board. And when Danaher spun off Fortive as a separate company in 2016, Magnia became its director of corporate human resources and helped to forge a partnership between the new company and The Consortium.

“Danaher had seen a lot of returns from the relationship with The Consortium,” Magnia said. “The opportunity to gain similar returns continued to present itself as a strategic initiative for Fortive.”

Student. Active alumnus. Corporate partner. Recruiter of new corporate partners. Board member. Magnia has worn a wide variety of hats as a member of The Consortium community.

Introduction to The Consortium
Magnia first heard about The Consortium from a cousin—Otto Petty—who was an alumnus of Indiana’s Kelley School of Business. Magnia was coming off a seven-year tour in the U.S. Army and was interested in business school.

“I distinctly remembered him telling me to set my sights a lot higher than they were. He told me to research the Consortium,” Magnia said. With a military career, he’d never interviewed for a job. He’d never had to network or worry about being recruited for a job. He had never really been exposed to corporate America.

Getting into Dartmouth and The Consortium was a great accomplishment—but just the start of a journey that began with the Orientation Program & Career Forum. “I was blown away by the sheer number of opportunities afforded to Consortium members,” he said. “I was certainly not prepared for OP.”

Now, he urges new students to approach OP as a time of exploration and to chase experiences rather than job titles. “That’s something I really strive to convey to incoming students,” he said. “I took it as an opportunity to explore. I did interview, but by no means was I confident in what I really wanted nor what kind of company I wanted.”

Student Perspective
He says he feels fortunate the represent the student perspective on the board of trustees. At the same time, he watched Danaher yield tremendous results by beginning relationships at OP with incoming MBA students who later became interns and, eventually, full-time hires. Magnia saw similar prospects during Fortive’s first year as a Consortium corporate partner.

One big challenge is finding ways to distinguish Fortive’s business model and culture from Danaher’s.

“With that goal in mind, we were largely successful by finding ways to engage with Consortium students on a more intimate level,” Magnia said. “We have been very pleased with the results of our first OP. We’ve extended 14 offers to students. I’m confident we’ll yield the majority of them with the intentions of converting them into full-time hires.”

Now, with his sights still set high, Magnia continues to chase experiences with the goal of leading a company—a goal he suspects is within reach, thanks to the opportunities he’s gained through The Consortium, Danaher and Fortive.

“Danaher and Fortive have allowed me to prove myself,” he said. “A lot of what a CEO or a business owner does is solve people problems. What makes me a more effective HR leader is that I’ve come up through this business.”

Pictured above: Dan Magnia—alumnus, student, board member and corporate partner of The Consortium—speaking to students at the 2015 Orientation Program in Phoenix. Photo by Brian Treffeisen.

The post Magnia’s many Consortium roles: Student, partner, board member appeared first on The Consortium.
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors
Magnia’s many Consortium roles: Student, partner, board member   [#permalink] 16 Feb 2018, 07:00
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