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FROM Haas Admissions Blog: Entrepreneurial drive fuels a career pivot
Before starting his Berkeley MBA for Executives studies, Reggie Draper, EMBA 23, learned the hard lesson that entrepreneurs can’t go it alone.

He founded Draper Automotive in 2017 with the goal of creating an intensely collaborative community platform for auto trading. Doing that while working as an engineer in the petroleum space in Houston, Texas, was a challenge. Reggie knew he needed to deepen his business knowledge and expand his network.

“There is a real mindset of innovation in the Bay Area. Two of the automotive trading platforms that are out there now were built by Berkeley Haas and Stanford graduates. I figured that I should take advantage of the resources and inspiration they found here,” he said. “I’m getting a top-tier education and access to one of the most talented networks in the world. That, and my own passion for automobiles, will fuel my drive to become a leader in the automotive industry.”

Among those resources are classes like Online Marketplace & Platform Design, taught by Assistant Professor David Holtz, PhD, Entrepreneurial Strategies, and Advanced Innovation. Another class, Startup Disco, taught by Rhonda Shrader, executive director of the Berkeley Haas Entrepreneurship Program, applies the scientific method to business problems. He also benefited from the NSF-I Corps training on transforming innovative technology into a start-up and student-led stEP, which aims to increase collaboration among clubs, schools, alumni, and students at Berkeley. And, with luck, Reggie’s application to Berkeley’s SkyDeck accelerator will keep him and Draper Automotive revving their engines.

“All of these classes and experiences looked at different aspects and principles of entrepreneurism, but they built on each other. I really liked the emphasis on the human element. They taught me the importance of who cares about my product, why do they care, how much do they care?” Reggie said. “The professors brought in the principals of start-ups and other industry-leading speakers. We got to learn from the source and to meet them as people.”

Berkeley Haas has moved me to a more introspective space."

One of the first people Reggie was determined to meet was Tim Draper, founder of the eponymous early-stage venture capital firm, Draper Associates. “I saw him on a documentary about Theranos and knew I had to meet him. After my first block on campus, I drove to San Mateo, went to their office and asked to see him. I don’t know if it was us sharing the same last name or his knowing that I was a Haas student, but he came on out, hugged me, and we had a great talk,” Reggie recalled.

More than talk, Draper Associates hired Reggie as an MBA Venture Analyst. In that role, Reggie analyzed start-ups and assessed how they would fit into the firm’s portfolio. That role called on lessons he learned in his finance classes, as well as New Venture Finance, Micro- and Macroeconomics, and Design Thinking. Reggie has since moved into a product manager role with Draper X Ventures Platforms in the firm’s Draper Decentralized wing. “In my new role, I have more reason to use the soft skills related to leadership and team-building,” he said.

Reggie acknowledges that he is not always the “been the best person in the room at showing empathy. I like to get right to the point and used to assume that everyone else was the same. My classes at Haas reinforced that considering other’s personality traits is a vastly important leadership skill.” His professors and classmates have supported and encouraged Reggie’s efforts to transform his leadership style. “Berkeley Haas has moved me to a more introspective space,” he said. “For all of us, there have been many rounds of reflection about who you are, what your goals are, and why those are your goals."

The work he is doing at Haas to develop his business acumen, his network, and his leadership style, extend to the legacy he is creating for his family. “I was born and raised in Shreveport, Louisiana and I love the South. The morals, beliefs, and discipline my parents taught me have structured my journey. As the first person in my family to get a graduate degree, I feel a responsibility to excel at a higher level.”

He grew up in a family with a strong work ethic and he sees echoes of that at Berkeley Haas. “They push you here, and you push yourself,” he said. “There is a scrappiness here, an agreement that we are here to over-achieve.”

Interested in pursuing your own entrepreneurship ventures? An MBA from a top business school can help you grow your network and leadership skills so you can take the next step toward a fulfilling career.



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FROM Haas Admissions Blog: An MFE candidate finds rewards, challenges, and community
Akshita Gulati, MFE 24, approaches her Master of Financial Engineering studies with the attitude, “If it’s not challenging, it’s not rewarding.” Just two months into her program, she has found plenty of both challenges and rewards.

“This program is a challenge, but it is also an opportunity. If you are willing to rise to the challenge, it is incredibly rewarding,” she said. “I thoroughly enjoy my coursework, the material is engrossing to say the least. There are always surprising insights and approaches, from both the professors and my classmates.”

Akshita applied for the MFE program while working as a software engineer for UBS in Mumbai, India. She recalled being “very particular about my application. I dedicated a lot of time to getting it just right,” an approach she recommends to every applicant. She also noted the Admissions Committee’s “excellent guidance” through the process, and the “clear, concise, expeditious support from the Program Office.”

One of the nation’s first MFE programs, Berkeley Haas has a long track record, high ratings, and a strong placement history. Equally important to Akshita is knowing that “the program continues to innovate while maintaining consistent success. The quality of the graduates is high, and they are doing great work.”

She also appreciates the academic calendar, in which classes begin in the spring. Three pre-program classes—Mathematics, Statistics, and Python—are available in the months before orientation.

“I really liked the way Empirical Methods, or 230E as we call it, built on the pre-program Statistics class. Much of 230E is about mathematics and probabilities, the technical details. But the professor made sure to share market insights behind the equations. Learning the ‘why’ is what makes the class so valuable,” she said.

Akshita is exploring options for her fall internship and is reassured to see two or three roles every week that she could pursue. She already has her industry project behind her. Akshita and her partner, a data scientist, worked with Pilotbird, a start-up in the Insurtech sector. They had weekly deliverables and met regularly with the CEO. Access to entrepreneurs is one advantage of an MFE program housed in a business school, according to Akshita. “It is the best of both worlds. We MFEs have the technical skills to help founders achieve their vision and we can run into them any day in the courtyard or the hallway.”

Even though graduate students are in highly competitive environments and are driven to perform, the collaborative culture at Berkeley Haas reassures Akshita. This is exemplified by the focus on group work. “We do a lot of our work in groups and project teams—just as you would as an employee. My study group includes people from Belgium and China. We've worked together quite successfully,” she said.

The Defining Leadership Principles play a role, too. “I see Student Always and Questioning the Status Quo every day among my classmates and professors. Our brains all function differently and we bring different experiences to our work. It is fun to see people arrive at the same solution by different paths.”

Akshita enjoys the diversity her classmates display outside the classroom, from their varied cultures to their hobbies. “One classmate speaks six languages,” she said, “another is a weightlifting champion."

For her part, Akshita tries to find time to indulge her love of hiking and badminton. And in the spirit of Beyond Yourself, Akshita wants to make sure everyone has access to services that support mental wellbeing. “I hope to establish a peer support volunteer network within the Berkeley Haas community, as a way for students to reach out to someone they can relate with,“ she said. “Community support helps too. Every program at Berkeley Haas has a tight-knit community. From the program administrators and faculty to cohort members, one can find a lot of assistance.”



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FROM Haas Admissions Blog: In person? Online? Which part-time MBA schedule is right for you?
Don’t let distance limit your choice of a top-ranked MBA program. Berkeley Haas Evening & Weekend MBA students in the weekend cohort commute to campus for Saturday classes. Students in the Flex online cohort attend classes from wherever they live and work.

In this post, Lisa Dalgliesh, MBA 25, and Lauren Miller, MBA 25, reflect on their choice of schedule and their overall MBA experience.

Lauren, a wealth management business operations manager in Capital Group’s Los Angeles office, commutes to Berkeley for weekend classes. Lisa, a talent strategy and innovation manager in Deloitte’s Austin, Texas location, logs into online classes.

The conversation has been edited for length and clarity.

Why did you choose a part-time MBA and specifically, why Berkeley Haas?
Lauren: Part-time was a tough decision for me, but ultimately, I didn’t want to take a two-year detour in my career. At the same time, I wanted the opportunity to explore topics that fascinate me, like the untapped opportunities to educate, bank, advise, and create wealth in historically underserved communities.

Lisa: I’m at a pivotal point in my career in terms of long-term growth. I also didn’t want to disrupt my life any more than necessary. I looked at part-time programs all over the U.S. I knew I wanted a top-tier school with rigorous academics, one where innovation is valued. Berkeley Haas is all of that.

What tipped the balance in favor of the weekend program for you, Lauren?
Lauren: I knew I wanted a campus experience. I love being on campus, surrounded by my classmates.

While I was looking at programs I talked with a lot of people: alumni, the Admissions team, faculty. Everyone here just exuded the four Defining Leadership Principles. I was impressed with the caliber of their thinking and their character. I also spoke with a lot of people in Southern California who had commuted. Everyone assured me that it was doable, and they are right.

Lisa, what drew you to the Flex option?
Lisa: I didn’t want to rearrange my whole life to get my MBA. With Flex, I can switch in minutes from being at work to attending a core class in a live session with a professor. I can choose from an array of electives on different days and times, online or in person.

It's exciting to be in the inaugural Flex cohort. In many ways, the students, professors, and Program Office are all figuring this out together. That’s why I wanted to be a class representative. It’s in my nature to reach out to people, and I enjoy being part of the feedback loop that is helping to improve the Flex option.

What has surprised you about your MBA experience?
Lisa: The diversity of my cohort. In addition to people from around the U.S., I have classmates in Egypt, Germany, Japan, and Singapore. We all bring our own cultural perspectives to the classroom, as well as perspectives from a range of industries. This makes for robust class discussions and is a huge highlight of the Flex program.

Lauren: For me, it is how valuable my study group is. We work together as a team, dividing up work so it is manageable with the demands of our careers. One member of the group, who waived out of Spring semester classes, still joins our weekly meetings to help us with our assignments. That is hallmark Beyond Yourself behavior.

Lisa: I absolutely agree. My study group is like the 3-D glasses in a movie; they have brought the entire MBA experience to life for me. I never would have anticipated that my study group would be such a highlight.

You can take electives in any of the Evening & Weekend schedules. Do you plan to switch things up and do that?
Lisa: In June, I will be in Mexico City for a one-week course, Building and Leading Conscious Enterprises, at EGADE Business School. That is thanks to Berkeley Haas being part of the GNAM community of top-tier business schools in other countries. It’s not realistic for me to study abroad for a full semester, but this will give me the opportunity to learn in a different country and meet students from other places.

Lauren: I’m tempted by online electives, if only to lighten up my travel schedule! It will depend on what is offered when and in which format. I’m looking forward to electives like Behavioral Finance, FinTech, and the entrepreneurial offerings.

How integrated into the Berkeley Haas community do you feel?
Lauren: I feel like a member of the community. I can attend weekday FinTech Club events via Zoom. The same is true for Women in Leadership, where I find support and inspiration. Even when I can’t participate—this semester has been tough—I like knowing those resources are there for me, and I am welcomed as a Haasie.

Lisa: While I certainly feel like a Haasie, the nature of the Flex option poses challenges to in-person participation. As one of the class reps, that challenge is something I can bring back to the Program Office. Haas has worked hard to create connectivity across cohorts and locations through Slack, and I’m hopeful we can increase opportunities for virtual clubs and engagements.

Overall, is your MBA experience living up to your expectations?
Lisa: Yes. Maria Carkovic is one of the best professors I have had. Ever. She brought Macroeconomics to life with relevant examples and insights. She is really invested in us as learners and as people. Being in the first Flex cohort, the school set itself a high bar, and overall, is succeeding.

Lauren: I agree about the academic rigor. My study group has been invaluable there. It’s hard to believe that just a year ago I was eagerly waiting on admissions decisions. Today, I’m fully immersed. I really appreciate the sense of community. The spirit is not cut-throat, but collaborative.

Still exploring your part-time MBA options? Read more about the distinctions between the Evening & Weekend MBA program and the Berkeley MBA for Executives program.



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FROM Haas Admissions Blog: A chameleon chooses blue-and-gold as his colors
It’s not unusual for MBA students to describe their studies as an “investment in themselves.” But that expression has specific meaning for Ramiro Montiel, MBA 25.

Becoming a full-time MBA student at Berkeley Haas is Ramiro’s way of continuing to build a solid foundation for the future he wants for himself and his family. “It is on me, and has always been on me, to create my own financial stability,” he said. Ramiro attributes that determination, and his past success, to a childhood spent in 24 foster home placements. “You learn to adapt, to be alert for how one place differs from the other and to change your own approach to fit in—or at least, not to stand out too much. You need to be a chameleon.”

It was his brother Enrique—who, once he left the foster-care system himself and graduated from college, served as a foster parent to Ramiro and their sister—instilled in his siblings the desire to work hard and succeed. “My brother’s advice could seem a bit harsh at times. He once told me that if I fell down in life, the rest of the world would walk around me without even looking. But I needed that wake-up call to really push myself into a dynamic career.”

The Consortium was such a great source of support before and during my application process."

As an undergraduate at Cal Poly Pomona, Ramiro took on six internships in the southern California entertainment industry, working at every major studio including HBO, Warner Bros, Lionsgate, Fox, and Disney. After graduation, he leveraged that experience into a job at HBO in New York City, working his way up from the position of executive assistant to a senior manager of Integrated Media, Marketing Strategy, and Insights at Showtime.

Despite his success, Ramiro always knew that he needed an MBA to broaden his vision and explore other business possibilities. He was pleased after his first visit to the Berkeley campus because not only did he feel that he could fit into Haas and adapt, he felt quite at home. He describes being at a dinner on campus in a room “where looking out the windows at one end you could see the San Francisco skyline and the Golden Gate Bridge and in the other direction you could see trees and the football stadium where I can go see my Golden Bears play.”

Ramiro credits Anthony Whitten, director of Diversity Admissions at Berkeley Haas, for supporting him through the application process. “Anthony was both a voice and an ear. He listened and he asked great questions. Anthony got me to look at my life and career experiences as well as future plans, through a unique and different lens. He helped me think about various ways of presenting myself and telling my story. Thanks to him, I’m coming to Haas with great career hypotheses to test out.”

One hypothesis is that he can leverage his multifaceted background in media and marketing for a move into a technology product manager role. Academically, that means focusing on classes and experiences that will hone his technology skills. He intends to complete the requirements for a certificate in business analytics.

Because his experience in foster care taught him to “think at least five steps ahead,” Ramiro already has plans for how he will invest his time at Berkeley Haas. “Academically, I want to get comfortable with the uncomfortable. I guess that translates to being a Student Always. As an undergrad, I took Finance and Accounting classes, but never used them in my roles at HBO and Showtime, which focused more on marketing and strategic media planning during pivotal moments in the streaming industry. I’m excited to brush up on both subjects and learn how to use those skills.”

In addition to being excited about meeting his cohort and study group, Ramiro is eager to engage in extracurriculars like the Digital Entertainment & Media Club (DMEC), the Latinx Business Club, and the Berkeley Haas Technology Club. And he is eager to attend a water polo game or two. But his top priority will be the Consortium for Graduate Studies in Management (CGSM).

“The Consortium was such a great source of support before and during my application process. Attending its 2023 meeting in New Orleans this summer was inspiring. I could see how important the second-year students and the Consortium Liaisons were to making that organization run,” Ramiro said. “I want to be part of optimizing the experience for the next cohort of Consortium Fellows at Haas.”

“One of my key values is to give back to the organizations and people who have supported me. I want to be part of making sure that everyone at Berkeley Haas feels the sense of belonging that I do. I feel like I’m starting anew with my MBA studies,” Ramiro said, “and I feel a great deal of encouragement and community."

Interested in making your own career pivot? An MBA from a top business school can help you grow your network and leadership skills so you can take the next step toward a fulfilling career.



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FROM Haas Admissions Blog: A searcher on the trail of the perfect acquisition
Ten years ago, Leo (Wang) Yao, MBA 22, and his wife, Tingting Wu, took a hike while visiting Alaska. As the trail grew tougher and the switchbacks steeper, they held to their commitment to complete the nearly three-mile Mt. Healy trail in Denali National Park.

Leo though of that climb many times during his Evening & Weekend MBA studies especially as he launched his own enterprise. “Entrepreneurship is a lot like that trail,” Leo said. “Sometimes, the path disappears, and you stumble. You have to work hard, and you need a good support network. To remind myself that I can reach my goals, I named my search fund Mt. Healy.”

Different from a private equity fund, a search fund is run by a searcher with the goal of acquiring one company, preserving its legacy, and growing it for the long-term. Sometimes called “entrepreneurship through acquisition,” search funds are a good approach for entrepreneurs who prefer to run a company rather than develop one from the ground up.

“In my previous job at Qualcomm, I had a great experience building a new global business unit of 20 or so people. I came to Berkeley Haas to scale up that experience, with the goal of pursuing entrepreneurship,” Leo said. “I stumbled on to the search fund model and found great instruction, mentorship, and networking here.”

Leo credits the elective class, Search Funds, taught by Jan Simons, co-founder and managing director of Vonzeo Capital, for teaching the “entire life cycle” of a successful search fund.

“Jan encouraged me to find a search fund internship. That was brilliant. During my internship, Blue Ono Capital had a deal on the line, so I got to see the entire process, from due diligence to financial modeling and negotiations.” After Blue Ono acquired EverOps, Leo continued as chief of staff to the CEO, who became one of his mentors.

While at EverOps, Leo also leveraged the lessons in leadership he gained at Berkeley Haas. In many ways, he said, the soft skills classes were most impactful for him. For example, he credited Leading People for advancing his understanding of the role of manager as coach, helping advance employees’ career growth. He implemented a more useful performance review process at EverOps, focused on providing constructive, actionable feedback, and he created a mission and values proposition for the company.

“It is important for employees to know what the company values are and to understand their role in making that real,” Leo said. “I plan to create a values and mission proposition for Mt. Healy this summer. That may be a good project for the interns I plan to hire this summer.”

Other mentors include Mahesh Rajasekharan, MBA 09, and Jeff Oldenburg, MBA 18. “They both demonstrate the magic of Beyond Yourself,” said Leo. “Mahesh is a real search fund pioneer and has a background similar to mine. Jeff had just started his fund when I was a first year. We were on a conference call together and kept in touch. I feel like I saw his journey at every step.”

Leo’s Berkeley Haas mentors now number among Mt. Healy’s investors. “Asking people like Jeff, Mahesh, and Jan to invest was a very brave move for me,” Leo admitted. “I had long lacked confidence. Maybe that is why Confidence Without Attitude means so much to me. Classmates and others here were genuinely curious about what I was doing, and they understood the value of my skills. They gave me the confidence to take this leap of faith.”

With the backing of a dozen “greatly admired and sophisticated investors,” Mt. Healy has embarked on its first search. The goal is finding a tech-enabled service or enterprise software company. Leo follows a typical sales process: researching companies, making cold calls, developing a pipeline, making connections, following up on leads, building relationships.

As most salespeople know, there is a lot of rejection. Leo puts a positive spin on that. “Getting any response is a benefit. If it is ‘no,’ you can stop wasting time and move on. One connection may fall through but lead to another, creating a ripple effect. After all, it only takes one ‘yes’ to get started. And in the meantime, I am confident that the right acquisition will be at the end of the trail.”

Interested in pursuing your own entrepreneurship ventures? An MBA from a top business school can help you grow your network and leadership skills so you can take the next step toward a fulfilling career.



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FROM Haas Admissions Blog: A flexible path to community and connections
When Jeric Huang, MBA 25, was considering an MBA program, even his most valued mentors told him he didn’t need to do that. They assured him that, over the course of a 15-year career in consulting at Deloitte, he had gained the skills, the network, and the business acumen to achieve his goals without another academic credential. Yet, as Jeric reflected on his core values and the impact he wants to have in his career, he respectfully disagreed.

“I’ve always wanted my career to connect the dots between public policies and actions in ways that improve the lives of people on the margin, like low-income or immigrant communities, for example. Working in Deloitte’s Government & Public Services Practice, I’ve been able to do that. But I also value personal growth and fostering connections with communities that matter deeply to me personally. That is where I believe getting an MBA will allow me to extend my impact. I’m particularly interested in the healthcare sector, which offers so many opportunities to drive solutions by working across government and business,” he said.

Having earned a master’s in public policy at UC Berkeley’s Goldman School of Public Policy and being aware of the university’s top-notch School of Public Health, Berkeley Haas was Jeric’s first choice. He knew he would “find like-minded people who care about business and about businesses’ role in society.”

As much as he loves the Berkeley campus, Jeric chose the Evening & Weekend MBA Flex program, a hybrid option that empowers students to combine online learning with in-person electives and applied learning experiences. The Flex option combines core classes attended online as a cohort with pre-recorded lecture components and self-paced reading assignments. In particular, Jeric appreciates the opportunity to “learn from classmates’ experiences in their own jobs and in their own countries,” he said. “The international aspect of the Flex cohort really surprised me. It has been eye-opening and very useful to hear different national and cultural perspectives expressed and debated in case studies. We can compare and contrast different approaches and solutions.”

Being a Flex student has not limited Jeric’s ability to participate—and lead—in the full array of student activities that Haas offers. Even before he enrolled, Jeric knew the Q@Haas community, the school’s organization for LGBTQ MBA students, partners, and allies, would be important for him. What’s more, Jeric wanted to “create and define opportunities for the entire EWMBA and MBA for Executives communities to engage fully with Q@Haas.” In his role as EWMBA Q@Haas co-vice-president, Jeric spearheaded a review of the allyship, speaker series, and other club initiatives with the goal of broadening outreach and participation, to make it “more realistic” for part-time students to engage. One example was a virtual club mixer designed for part-time students, to increase their awareness of all club opportunities and to help clubs understand the desires and constraints of part-time students.

On a broader scale, Jeric is one of the organizers of ROMBA 2023, the largest gathering of LGBTQ+ business students in the nation. “Meeting Berkeley Haas students at ROMBA last year helped confirm that Berkeley Haas was the right place for me,” Jeric said. “The conference is outstanding, and it is a great place for recruiting and networking.”

Networking is one reason Jeric ran for VP-Alumni Relations, EWMBAA, the part-time program student government association. From his home in Los Angeles, Jeric fosters local Haas Alumni Network relationships, and is reassured to note that Confidence Without Attitude is “alive everywhere, among my classmates, the alumni, and the faculty. Having that principle, and all of the Defining Leadership Principles, makes it easier to approach people and engage with them from a shared foundation.

It wasn’t until he let out a sigh of relief after completing the last final exam of his first year, that Jeric “truly felt that I can do this, that I am in the right place at the right time. That was a moment of deep reflection and connection with my values.”

Building on that moment, Jeric is already looking forward to RE Launch, the in-person event that kicks off the second year for EWMBA students. He “can’t wait to reconnect with classmates and start a new year of exploration and innovation.”



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FROM Haas Admissions Blog: You can't know until you try: the MBA conundrum
During the four years that Katherine Zepeda Arreola, MBA 24, pondered whether to get a graduate degree—and what kind—she remembers a mentor telling her, “Be afraid. Do it anyway.”

“That is the best advice I’ve ever gotten,” she says now. “Without it, I’d still be trying to decide. Instead, here I am just a few months away from getting an MBA, which was the perfect choice for me. It’s a degree that offers a core set of skills—finance, operations, innovation, and leadership—that will serve me well.”

Katherine’s fear had many sources: fear of not doing well, of not fitting in. It turned out, Katherine says, “that I have more skills than I thought, and I have a lot to offer in terms of my personal and professional experiences, and my way of looking at the world around me.”

Another source of anxiety was the financial burden of a graduate degree. While taking a career break for a full-time program was enticing, Katherine worried about student debt. But she also believed that “when there’s a will, there’s a way” and decided her best path forward was to keep her full-time employment. Shortly after enrolling in the Evening & Weekend MBA program, she was promoted to chief of staff to the CEO of Beyond 12.

“Maintaining my income lowered my financial stress level,” she said, “and I am blessed with lots of support from the team at Beyond 12. They recognize what an excellent growth opportunity this is for me. Beyond 12 aims to dramatically increase the number of first-generation students who graduate from college and translate their degrees into meaningful employment and choice-filled lives. That is exactly what my MBA will allow me to do.”

Being part of the evening cohort also permits Katherine to maintain important family responsibilities. Raised in the Bay Area by a single mother in a household where education is greatly valued, Katherine is an engaged role model for her two younger sisters. She acknowledges the learning curve needed to balance family life, work, and classes, but appreciates the “wisdom that my classmates and students in the classes before mine have shared. And when you get started, you realize it is only three years—three years that go by very, very fast.”

She also welcomes the opportunity to apply lessons from her MBA classes in her job. “I had never taken any kind of finance class, and now I can’t get enough of them,” she said. “I can read financial statements and forecasts, and know what elements to look for, which questions to ask. I’m using these skills at work to assess proposals for new projects or operational changes. I’m looking at our work through a new lens and with much more insight.”

She credits the elective class Turnarounds, taught by Peter Goodson with calling on all the knowledge and skills she had gained in earlier classes. In that way, she said, “it resembles a capstone class. You are in class Monday to Friday, from nine to five, during the summer. It is immersive and demanding. We worked through 16 different business cases. That meant wearing all sorts of different hats as we created strategies for different kinds of turnarounds: financial, leadership, and operational. It was by far the most challenging and most rewarding class I’ve taken. The learning is exponential.”

Early in my studies, a mental switch went off and I realized that I have a lot to share, and that what I have to say resonates with people."

From the first-year core class, Leading People to her positions as a student leader, Katherine also has honed her leadership skills at Berkeley Haas. “I’ve learned so much about having difficult conversations, about listening with empathy, and having Confidence Without Attitude,” she said. Describing herself as a “servant leader,” Katherine focuses on “elevating my team members. I want to propel the work and the team forward, rather than highlight my efforts.”

And as a student leader, Katherine and her co-VPs-Diversity, Equity, Inclusion, Justice & Belonging in the EWMBAA, Paola Gonzalez, MBA 24 and Rhea Wadia, MBA 24, created the first Haas Heritage Night. “We wanted to give students an opportunity to experience a little bit of the cultures represented among our classmates, and food is the best way to do that,” she said. “While nothing beats a home-cooked meal, we made it easy by ordering from local restaurants: pupusas, chicken Cilicia, samosas, kebabs, gyozas, spring rolls. We gathered nearly 100 people from different classes and cohorts who came to eat and meet old and new friends. We hope this is a new tradition that future students can look forward to.”

The trio were also active participants in shaping the annual Diversity Symposium. When Katherine was still a prospective student, attending the Diversity Symposium was “a pivotal moment for me. A few years later, being able to share my experience as a Haas student for prospective students was a moment of coming full circle. Representation is so important, and to me, this was a true privilege.”

As an Oakland resident who earned her BA at UC Berkeley, being back on campus was a reassuring and familiar environment for Katherine. She expected to learn from world-class professors, rich in both academic and real-world credentials. What she didn’t expect was how much she would learn from her classmates. “They come from so many different places and have such diverse work experiences,” she said. “The professors are great at presenting their research and the academic perspective, and my classmates can tell me how the tech company where they work handles performance appraisals, for example. Those classroom discussions spill out into coffee chats and snowball from there. The larger network effect is amazing.”

Another surprise was just how much her classmates are interested in Katherine and what she does. “As a Latina and a first-generation college graduate, I often preferred to stay in the background. I didn’t think people would be interested in what I had to contribute. Wrong! Early in my studies, a mental switch went off and I realized that I have a lot to share, and that what I have to say resonates with people. We don’t always agree, but being able to offer a different opinion is what makes for growth, change, and avoiding the 'group think’ trap. I’ve realized how powerful my voice can be.”

“And now, I can say to others, with confidence, ‘Be afraid. Do it anyway.’”

An MBA from a top business school can help you grow your network and leadership skills so you can take the next step toward a fulfilling career and increase your salary. Are you ready to invest in yourself?



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FROM Haas Admissions Blog: A career in financial engineering delivers positive impact
Ten years into his career Luis Toro, MFE 14, still relies on lessons learned in his Berkeley Haas Master in Financial Engineering studies, and he retains close ties to the program as a career coach.

Luis traces his interest in financial engineering back to his first job with the banking regulator in his native Peru. “That job was about pricing illiquid bonds using mathematical models. In some ways, I was already doing financial engineering without realizing. And I was reading papers written by Mark Rubinstein, a pioneer in the field and at the time, a Berkeley Haas professor. Financial engineering combines all of my passions and skills: finance, math, statistics, and computer programming.”

The Berkeley Haas program appealed to Luis for its curriculum that balances the theoretical and the practical, taught by faculty who are themselves thought leaders and industry professionals. Luis came to the program interested in the fixed income asset class and has maintained that focus. He appreciates the blend of “numeric sense” blended with financial intuition regarding interest rates and credit risk. Although Luis arrived at Berkeley Haas after Professor Mark Rubinstein’s retirement, he credits Professor Richard Stanton, for teaching a Fixed Income class that continues to influence him.

Today, Luis is a vice president at Franklin Templeton, working in the municipal bond department. “We manage $56 billion of assets in open-end mutual funds and separately managed accounts,” Luis said. “My role is to make sure that the portfolios are diversified across different risk factors, and that our positioning aligns with the investment team’s macroeconomic views and understanding of what we call market technicals, like demand-and-supply dynamics.”

While the numbers are impressive and the work highly technical, Luis sees the impact of his work in broader, more human, terms. “We primarily finance infrastructure projects across different sectors like ports, airports, roadways, schools and universities, hospitals, electric utilities, water and sewer systems, multi-family and single-family housing,” he said. “It is very rewarding to see how the work we do has a positive impact on so many people in so many places.”

A career path can take time to develop. You need to be curious and explore opportunities.”

In addition to the curriculum and faculty, Luis was drawn to the Berkeley Haas MFE for the quality of its Career Management Services. He knew the statistics: 100% placement for MFE internships and 95% for full-time positions after graduation (2023). What he hadn’t expected was the “personalized attention” and the “extensive industry connections” provided by a dedicated group of career placement specialists.

Going into internship recruiting, Luis benefited from résumé review sessions and a series of mock interviews with staff and alumni. “It was a very intense time, juggling coursework and internship interview preparation,” he recalled. “No vacations obviously, but all of my classmates were in the same situation, and we supported each other. We even managed to have some fun, and we formed strong bonds.”

When he landed his MFE internship at Moody’s Analytics, Luis felt both a “bit scared and very eager.” He and the other Berkeley Haas interns at Moody’s that winter had been “trained to work together, so we helped each other out in preparing and reviewing our projects and presentations. My research project was on default modeling for commercial real estate assets, which called on what we covered in Empirical Methods in Finance and Credit Risk.”

When he accepted a full-time offer from Moody’s after graduation, Luis also worked as a GSI for the Risk Management and the Dynamic Asset Management classes. “Working closely with the students exposed me to perspectives on the subject different from my own,” he recalled. “That broadened my understanding of the field and was a good reminder that there is nearly always more than one approach to a problem.” Among the advice that Luis shares with students is the importance of focusing on the long-term, instead of jumping into short-term opportunities. A career path, he reminds them, “can take time to develop. You need to be curious and explore opportunities.”

That desire to see more than one perspective is behind Luis’s role as a career coach for current MFE students. His involvement is an example of going Beyond Yourself, one of the Defining Leadership Principles that underlie the Berkeley Haas culture. Luis is finding that helping students prepare for internship interviews and giving career advice, is also helping him grow as a person and as a professional. “When we discuss the job market and specific career paths, I can reflect on my own choices and the impact I can have on others,” he said.

One impact Luis would like to see happen is more Hispanic representation in the finance sector. He points first to a few statistics: In the U.S., people of Hispanic origin represent about 19% of the population and 18% of the labor force. Various sources, from the federal government to Forbes, place Hispanic participation in the finance sector at less than 10%. Often far less.

For Luis, this is a question of supply and demand. He explained, “There is a lack of supply of trained and qualified finance professionals, certainly of quants, in the Hispanic population. That can be solved by academic programs making diversity a priority in their recruiting and career services, as Berkeley Haas is doing.” On the demand side, firms also need to embrace diversity as a competitive advantage. Luis continued, “When a firm hires a Hispanic—or anyone, for that matter—from the outside the U.S., companies tend to see only the cost of the visa sponsorship. They should actually see that as an investment, an investment in hiring the best resources and in increasing diversity.”

And in a global economy, Luis said, “Education is key for the development of financial markets in small economies. When people study outside of their home countries, they get the opportunity to see how global markets interact and what makes businesses successful around the world. It provides exposure to see how the finance industry works in other countries and evaluate if that could work locally. That should eventually shape to a better local finance industry.”

Interested in having an impact through your own career? An MBA from a top business school can help you grow your network and leadership skills so you can take the next step towards a fulfilling career.



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FROM Haas Admissions Blog: An MBA is the springboard for a leap from advisor to investor
If you want to teach yourself about investing in publicly traded companies, reading Berkshire Hathaway’s annual reports to learn from Warren Buffett is a great place to start. Xavier Jefferson, MBA 24, did that during his first job at LifeBridge Financial Group in Houston, Texas, where he helped high-net-worth clients build their wealth, diversify their portfolios, and manage their money-related emotions. “That is where I discovered the world of stocks and started to imagine myself as an investor. But self-study can only take you so far,” Xavier acknowledged.

Xavier enrolled in the Berkeley Haas full-time MBA program to leap from financial advisor to investor. He came specifically to gain a practitioner’s perspective, to find mentorship, and to build his network. His summer internship as an equity research analyst with ClearBridge Investments in New York City is early proof of his progress on that career path. “I love the focus on individual equities, the continuous learning, and the pursuit of the best ideas through the lenses of an investor, a leader, or even a historian. I’m looking deeply at companies to understand them as businesses and potential investments. Plus, sitting across the table from the leadership of some of the world’s largest companies is an experience few people will ever have,” he said.

As a first-generation college graduate and white-collar professional, Xavier relishes becoming the first in his family to complete a graduate degree. “I’m proud of the self-made tradition in my family,” he said, “but I’ve learned that I don’t have to figure it all out myself, that getting help along the way doesn’t diminish the accomplishment.”

Family considerations played a role in his choice of Berkeley Haas. He was familiar with the Bay Area from visiting his wife in law school, and the couple already had friends in the area. “When I got accepted, despite knowing that she would have to retake the bar exam, she was nudging me to decide in favor of Berkeley Haas before I confirmed that Berkeley was the best place for me,” Xavier recalled. “Then, I visited campus for an Admitted Students Weekend and knew this was it. Simply put, I loved being surrounded by trees and fresh air. Although I have to say, I had no idea how much it rains here in the winter.”

Another thing that he wasn’t prepared for is the cost of living in the Bay Area. “A good life in Louisiana is cheap, and Houston is cheapish. The Bay Area is not,” he said. “But you need to consider the return on your investment. Graduating from a top-tier MBA program will provide you with many opportunities throughout the course of your career. Most global financial firms don’t hesitate to recruit at Berkeley Haas, and they appreciate the collaborative spirit Haasies bring to teams. Instead of trying to outdo each other during recruiting, we focus on helping each other. That pays dividends now and into the future because you have such a strong network.”

It is 1000% true that Berkeley Haas takes student leadership seriously."

Xavier’s participation in the Investment Club provided him ample opportunities to practice what he had learned in classes and pitch competitions. “We are a small but mighty club in nationwide competitions. Pitching stocks to judges who do this work is the best way to learn, and gaining experience is central to interviewing for internships.” Proof of Xavier’s success is his team’s second-place result in the Chicago Booth Investment Conference and Competition.

As a Consortium student and a Haas Finance Fellow, Xavier has two distinct communities within Berkeley Haas for support. TheConsortium for Graduate Studies in Management, an organization dedicated to supporting under-represented students, “is a family. We call each other the C-Bears, and we know that whenever you feel anything but exceptional, you can count on a C-Bear to help you recenter and recover.”

The Haas Finance Fellow program provides financial support and, equally important, a mentor working in the finance sector. Xavier said, “My mentor is phenomenal. He is a Haas alum and is now the CEO of an investment firm. I was not expecting as personal a relationship as we have developed. I’m very, very grateful for his guidance and friendship.”

On the academic side, Xavier listed the core Accounting and Corporate Finance classes among the most meaningful in his first year. Coming to Berkeley Haas with an undergrad degree in Finance, Xavier is confident he could have passed the tests to waive out of those courses yet chose not to. Instead, he used the opportunity to “reinforce and update what I had learned earlier. And I was able to help teach classmates who were new to the subject matter. It felt good to help them, and I realized how much I enjoy teaching. It is fulfilling.”

While Xavier had heard about the student-led culture at Berkeley Haas, he was surprised to find himself among those leaders in the position of VP Finance in the MBA Association. “I'm not the leader who's going to spark a revolution, so taking center stage at times is challenging. That is why I made ‘becoming a better leader of people’ an MBA goal. And it is 1000% true that Berkeley Haas takes student leadership seriously. I appreciate having the opportunity to shape the experience of future Haasies. We are all vocal advocates for what we think needs to change. We are super-passionate and hard-working people who get things done.”

An MBA from a top business school can help you grow your network and leadership skills so you can take the next step toward a fulfilling career and increase your salary. Are you ready to invest in yourself?



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FROM Haas Admissions Blog: Using an MBA to explore how other places work
Kelsie Smithson, MBA 24, intentionally chose an MBA program far from her beloved hometown of Louisville, Kentucky because she wanted to get out of her comfort zone and learn how other places work. “It was important for me to spend time developing my career away from Louisville, where the inevitable first question when you meet someone for the first time is, ‘Where did you go to high school?’ Here in Berkeley, that question and the answer carry less weight. We’re all here to think about redefining our futures and supporting each other along the way,” she said.

Telling family and friends that she had been accepted in the Berkeley Haas full-time MBA program was stressful. “I knew there would be questions, and there were,” Kelsie recalled. “Despite knowing that I was applying to schools across the country, I think my parents and a lot of my friends were pulling for me to pick a school closer to home. But once I committed to Berkeley Haas they all pitched in to help me answer one question: ‘How in the world do you move to California?’”

She did it by purging and storing a lot of her possessions, shipping five large boxes via the U.S. mail, and flying to San Francisco with three overstuffed suitcases. “A road trip didn’t appeal to me. I wanted the mental freedom of arriving fresh in my new home. And because I was the first of my roommates to arrive, I was the one to rent a small U-Haul truck and drive around collecting a couch here and a dresser or bed somewhere else. It was a delightful way to get to know the Bay Area a little bit.” And it turns out that Kelsie’s North Berkeley home isn’t all that different from where she lived in Louisville’s Highlands neighborhood: Close to shops and good restaurants and pedestrian friendly—a place where people greet each other on the street.

Kelsie came to Berkeley Haas with deep experience in the nonprofit sector, both running her own consulting practice and working for foundations and public-private partnerships. Given her undergrad degree in social work and subsequent work experience, a graduate degree in public administration might have made more sense, but Kelsie wanted an MBA to expand her management skills and provide the hands-on learning needed to scale her career.

Kelsie initially wanted to test a hypothesis about transferring her background in nonprofit work to a more corporate, for-profit setting. She quickly realized that working for an organization with a social mission was key for her career satisfaction, so she refocused on opportunities to work in social impact. She credits her career coach, Laura Snow Benoit, with helping her through the evolution of her career hypothesis. “We talked at length about the internship offers I received and the offers I wanted but didn’t get. Laura’s approach is the perfect mix of career coach and a therapist. I adore her.”

As a member of the Consortium for Graduate Study in Management, Kelsie was able to take advantage of pre-MBA support services from Laura and the Berkeley Haas Career Management Group. “The head start on recruiting was invaluable,” she said. “Christina Meinberg is our main contact for impact-focused careers. Every session with her resulted in a list of impressive Haasies across the sector I could reach out to.” Kelsie’s networking list paid off. As she connected with Haas alumni, many of whom were also members of the Consortium, she formed a more robust sense of the experience she was looking to gain during her summer internship.

The internship Kelsie landed as a Faber Fellow at REDF (pronounced Red-F) was a proving ground for her revised career hypothesis of applying business best practices within a social impact context. REDF uses venture philanthropy to invest in businesses whose purpose is to create jobs for overlooked talent. “My internship was headquartered in San Francisco, but I worked with an organization in the REDF portfolio called Neighborhood Industries based in Fresno’s Tower District. They are such cool people and their mission of operating businesses that reveal value in people so they can be positive contributors in their homes and neighborhoods resonated with me. I helped them evaluate expansion opportunities by conducting a feasibility analysis and an accompanying operations plan.”

Lessons Kelsie gained in Professor Terry Taylor’s Operations class framed her work, starting with an emphasis on asking the right questions. “Given the needs of Neighborhood Industries’ client base, we were asking questions about the proximity of a DMV office, mental health services, and even cross-checked the most used bus lines,” Kelsie explained. “Those insights will complement the financial and human resources considerations in the feasibility study.”

In her second year, Kelsie is looking forward to electives like Power & Politics and Difficult Conversations: Conflict Lab that will grow her soft skills. She will also build her business skills in Designing Financial Models that Work after realizing during her summer internship that this was a prime growth opportunity.

But she is most excited about chairing the Race Inclusion Initiative. This student-run independent study course conducts qualitative and quantitative research with the goal of advocating for a racially diverse and inclusive environment at Berkeley Haas while equipping students to lead diverse and inclusive teams in their careers. “Three student teams are looking at the entire Berkeley Haas student experience including admissions, academics, culture, and career. I’m particularly excited about the team focused on Black mental wellness, led by Emani Holyfield, MBA 24. The pressure Black students and professionals often feel to succeed in the face of systematic disparities comes with a cost,” Kelsie said.

“For me, being able to show up fully as myself—a Black, queer woman—is one of the things I value most about Berkeley Haas. I don’t have to trade off any of my identities. That is a gift that I want every MBA to experience here.”

Interested in having an impact through your own career? An MBA from a top business school can help you grow your network and leadership skills so you can take the next step towards a fulfilling career.



 

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FROM Haas Admissions Blog: Design thinking provides a plan and a career path
“I’m always asking, ‘what’s the plan?’ So, I needed a specific reason before applying to grad school,” said Diarra White, MBA 24. “When I was at BlackRock, I had the opportunity to be the bridge between the design team and the relationship managers on a tech project. It was my first real experience of design thinking. It brings together two of my passions, the research methodologies that I love from my sociology studies, and relationship building with clients. My reaction was, ‘Design thinking, where have you been all my life!?’ I knew I had my plan and my reason for grad school.”

Leaving the East Coast was another part of Diarra’s plan. “Being a New Yorker is almost a personality trait for me,” she said. “The only way I could immerse myself in a full-time MBA program would be to leave New York.” And, although she encountered a few challenges—“What passes for public transit here still aggravates me!”—Diarra quickly felt a “wave of peace” living in Berkeley.

So, she felt a bit of whiplash when she landed a summer internship at McKinsey in New York City. She admits to missing Berkeley, both the place and the people. “I’m creating authentic relationships there and look forward to returning. I like that so many Haasies stay in the Bay Area, and I guess I’m one of them now.” (Pictured below on a boat cruise with classmates).



While Diarra aspires to be a full-time design thinking practitioner, she said, “you can use the process to improve any specific business discipline. It can make anyone more effective. That is the beauty of design thinking.”

Both the curriculum and co-curriculars have moved Diarra forward in her new career direction. Classes like the core Strategy class and electives like Problem Finding, Problem Solving, provided a theoretical, academic foundation. Applied Learning classes add a practical, real-world spin. For example, Design Sprint for Corporate Innovation took Diarra to the THNK School of Creative Leadership in Amsterdam, where her hands-on project with Adyen, a payment company, added depth to her design thinking/consulting portfolio. “One of my biggest takeaways was that it is all right not to be too precious about the design thinking process. You need to meet the clients where they are.”

Regarding the move into consulting—which has one of the more structured interviewing procedures for internships—Diarra described the support from Berkeley Haas as “absurd! During Winter Break, I must have worked on at least one case a week, with the support of second-year students, my own classmates, and the experts in Career Management Services. Now, as a Peer Advisor myself with CMG, I’m helping others in the same way. It is a virtuous circle.”

The Haas Innovation Design club, where Diarra serves on the board, is another place to meet design thinkers among the student body, faculty, and business professionals. In 2023, Diarra was on the winning team of the club’s Innovation Challenge (pictured below). “We came up with a workable solution for a regional bank to address employee burnout. Trying things, seeing how they work, and trying again is central to design thinking as a discipline. I love the range of experiential opportunities Berkeley Haas offers to do that in a safe, supportive learning environment,” she said.



These experiences also underscore the real impact of the Berkeley Haas Defining Leadership Principles, according to Diarra. Question the Status Quo happens in and out of the classroom, “related not just to ourselves, but in discussions about what’s happening everywhere in the world.” Beyond Yourself, she said, “is more than asking for and giving help as individuals. It includes the student-led ethos here and our commitment to engaging with the larger community to do good in the world.”

Diarra’s involvement with the Consortium for Graduate Studies in Management (CGSM) is another example of Beyond Yourself. She grew up in a “community-oriented house, surrounded by people who have known me since infancy.” Her friends at Berkeley Haas are of more recent vintage, but the connections came quickly and the Consortium in particular provided an avenue “to engage deeply with the community.”

Diarra is bringing to life her commitment to helping under-represented people succeed “in places where we are not always seen, like b-school” as a Consortium Liaison. “Black women in particular encounter a lot of friction in their lives—economic, professional, personal, academic. I want to remove as much of that friction as possible, specifically as a Consortium Liaison, and more broadly as a Haasie. There is a real commitment here to making the program better for everyone,” she said.

Interested in having an impact through your own career? An MBA from a top business school can help you grow your network and leadership skills so you can take the next step towards a fulfilling career.



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FROM Haas Admissions Blog: How to maneuver through a many-faceted MBA transition
When she enrolled in the full-time MBA program at Berkeley Haas, Chifum Ann Ukadike, MBA 25, navigated several transitions: She moved to a new country. She returned to the classroom—in a different academic system—after many years in the workforce. She encountered a new culture and social environment. How did she handle all of that change?

“For me, it has always been important to have a plan. But, just as important, you have to be flexible in executing your plan,” Ann said.

An MBA "the right way"
Ann’s journey to Berkeley Haas bears out the truth in both of those statements. She had barely finished her undergraduate degree program at the University of Benin when her father passed away. Suddenly responsible for two younger brothers, she put her plans for an MBA on hold so her brothers could pursue their education. Both Ann and her brothers benefited. Over the course of 10 years, Ann worked in Nigeria, Ghana, and India. Her last position before Haas was chief operating officer with Terragon Group, a Series B start-up.

“When my younger brother finished law school at the University of Illinois, both of my brothers and my husband insisted that it was now time for me to pursue my dream,” she recalled. Her new plan would include doing an MBA “the right way,” by which Ann meant studying in the U.S. Her comprehensive approach to choosing a business school encompassed research, guidance from her mentors, and conversations with alumni and her family. To ensure a smooth transition, Ann created a detailed plan that included career and academic goals, a budget, and a timeline for key tasks, such as housing arrangements and visa requirements.

Although a West Coast school was not part of her initial plan, Ann was influenced by the “incredible things” Berkeley Haas grads had to say about their experiences. And while it may be a West Coast school, Ann soon discovered Berkeley is much cooler than the West Coast of Africa. “I wanted a location that didn’t have a harsh cold winter,” she said. “However, I was surprised at how chilly it could be in the morning and at night.”

Ann also appreciated being close to many of the Silicon Valley companies she admires and has followed from afar. “Closer than I expected,” she said. “It was incredible to actually be inside Tesla’s balance sheet during our core Accounting class.”    

Planning for product management
While Ann’s early career had focused on consulting and human resources, primarily in the tech sector, her MBA plan was to transition into product management. “Just saying that out loud for the first time took courage, but I suppose it is one way I am Challenging the Status Quo,” she said. “I like the way a product manager can visualize the questions and needs a customer has and use that information to build a product that satisfies the customer.”

A product management internship with a tech company is part of Ann’s plan but she is nonetheless considering an offer from Amazon in a human resources role. “I don’t believe in passing up opportunities,” she said. Ann leveraged support from the Career Management Group (CMG) as she tailored her résumé and did mock interviews. “CMG has been instrumental in providing guidance on résumé building, networking—which is new to many international students, by the way—and connecting with potential employers,” she said.

As she went through the recruiting process, Ann couldn’t help noticing that interviewing for internships at tech companies is “less structured than say, for consulting or investment banking internships. CMG encouraged me to make direct contacts using the Haas Alumni Network and I found student clubs are a good way of making connections in tech companies, but I believe we can do better,” she said. No surprise, Ann has a plan: she is working to add structure to the tech internship recruiting process especially for Africans coming to Haas. That effort meshes with her roles as VP-Careers in the Black Business Student Association and co-president of the Haas Africa Business Club.

Evolving as a leader
A resident of University Village, Ann has gotten to know students, their partners, and families from all over the world and from across UC Berkeley. “Meeting other Africans, especially Nigerians, helps home feel a little less far away,” she said. Staying true to her values is another part of Ann’s plan. She says it is “important to strike a balance between assimilating into the new culture and maintaining my identity.”

Because she has worked and lived in several different countries, Ann appreciates the role diversity plays in global business, and being at Berkeley has broadened her awareness. “At home, diversity efforts often focus on ethnicity and religion,” she said. “Here, I see so many more examples of diversity. I feel we are being prepared to succeed in a multicultural and interconnected business environment. It is very powerful to look through my classmates’ lenses and understand their points of view.”

Her leadership skills are evolving, too, thanks to classes like Leading People. In her leadership positions before Haas, Ann put execution and results first. “I worked in cultures that were more hierarchical, where leadership is based on authority and respect. Here, I am learning how to use other leadership tools, like authenticity and empathy.”

Ann’s long-term plan is to return to Nigeria and start her own business, where she can “identify and fill some of the tech gaps in Africa. I want to design products that answer the questions Africans are asking in their everyday lives. Haas has a robust focus on entrepreneurship, providing resources such as the Berkeley Haas Entrepreneurship Program, startup incubators like SkyDeck, and a network of successful alumni entrepreneurs. Students and alumni receive valuable support and guidance.”

Interested in having an impact through your own career? An MBA from a top business school can help you grow your network and leadership skills so you can take the next step towards a fulfilling career.



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FROM Haas Admissions Blog: Making space and making a difference as an entrepreneur through acquisition
When she heard Dean Ann Harrison speak at an event in Chicago in 2019, Adilene Dominguez, MBA 24, was just starting to research MBA programs. Instead of talking about the average salaries earned by graduates, Dean Harrison invited anyone in the audience “who wants to change peoples’ lives” to come talk with her.

Adilene was the first person in line. “No matter what I do, taking space and making space for others in my community will always be primary in my life. I don’t need an MBA to increase my earning power. I want an MBA to prepare myself to pursue social justice,” she said.

From her childhood experience growing up as the child of blue-collar workers in Waukegan, Illinois, and her tenure at the medical device manufacturer BD (Becton Dickinson), Adilene knows that the healthcare sector offers ample opportunities to close gaps in access and quality. In an article she wrote for Haas Voices, Adilene outlined her original MBA thesis to design a start-up that could “provide equitable healthcare for everyone, regardless of socioeconomic status. As a Latina, I feel a responsibility to represent and to advocate for all of the Latinxs who are not represented now.”

As she settled into her Evening & Weekend MBA classes and gained insights into business concepts that were new to her, Adilene began considering whether launching a start-up was really where she wanted to go next. “Just getting here to Berkeley Haas was a tremendous leap of faith for me, and for my family,” she said. Despite an undergrad degree in biochemistry, “I didn’t want to go into bench science or research. I wanted to lead an organization, to develop both services and people. For that, I needed an MBA.”

It was coincidence when her classmate, KC Loy, MBA 24, shared his textbook for the class Search Funds & Entrepreneurial Acquisition. “I didn’t even know what a search fund was, but I immediately realized that it was ‘entrepreneurship through acquisition’ (ETA)—in effect raising funds to buy an existing company, preserving the founder’s legacy and ultimately taking that business through its next stage of growth. At its core, the ETA model is how Latinx businesses have operated for centuries. When a grocery store owner or a landscaper or the owner of a laundromat gets ready to retire, the business typically is sold to another family member or a community member who maintains the legacy. Plus, this approach really suits my desire to lead, to lift people up, and develop their skills.”

Adilene jumped right in, signing up for the elective Turnarounds, taught by Peter Goodsonduring her first summer. After two months of reading and preparation, during one week in the classroom, Adilene said, “you learn everything about turning around a business, starting with the idea that the best turnaround is the one that didn’t actually happen. That is, in many ways, what should happen in a good search-fund acquisition: the purchase of a good business.”

In a packed schedule, Adilene doubled down on electives that would prepare her to lead a search fund and, eventually, a company. “At one point,” she said, “I was taking classes Monday and Wednesday evenings and on Saturdays, and I had a full-time job at BD. I may not have gotten much sleep, but I got to know my classmates and made a lot of friends who supported me in big and little ways.”

Her electives included Private Equity & Venture Capital, taught by Chris Puscasiu in the MBA for Executives program and Private Equity Creation, co-taught by Peter Goodson and Sam Snyder, a principal at Greyrock Capital Group. Adilene both deepened her knowledge of private equity and was able to graduate early. Now, instead of finishing up her degree, Adilene is actively fundraising.

Extending her networks beyond Illinois was another reason Adilene chose Berkeley Haas. It was important to be in a “mission-driven environment, in the hub of innovation,” she said. “And to be in a top MBA program at a university that strives to become a Hispanic-serving institution in the next 10 years.” Although she is now back in Illinois—she knew she would need “the security of being closer to family during my funding round”—her Berkeley Haas connections remain a firm foundation. Those include people she encountered through the Private Equity and Finance clubs. In fact, Adilene and Menanteau Moolman, MBA 24, led the way for a new student club. “Originally, entrepreneurship through acquisition was one of the pillars of the Finance Club. Establishing ETA as a separate entity was critical to give Haas talent access to resources and internships and the ETA community,” she said.

Adilene also mined the Haas Alumni Network (HAN). Early on, at the encouragement of Justine Roades, her career advisor and executive coach Jessica De Anda, Adilene discovered that “it really is true that you can call a Haasie anytime and get a response.”

She counts two graduates who are thriving in ETA sector as valued mentors: Josh Harrington, MBA 11, now CEO of Eldex Corp., and Chris Pickett, MBA 13, who recently acquired the Mass Group. “Chris and I have monthly check-ins and Josh, who is a legend already in the space, actually let me shadow him on the job.” she said.

It’s easy to imagine future Hassies shadowing Adilene on the job and benefiting from her mentorship. She says she dreams about this, “because I want to make sure Latinx entrepreneurs read my story and know that they belong, that they too can take the leap of faith and be a CEO.”

Interested in having an impact through your own career? An MBA from a top business school can help you grow your network and leadership skills so you can take the next step towards a fulfilling career.



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FROM Haas Admissions Blog: Side-stepping from Big Tech to direct impact
After taking what he calls the “typical engineer’s approach” to researching and applying to business school—“I created a giant spreadsheet to track dozens of factors, from rankings to location to job placement statistics”—Alex Berry, MBA 24, knows now that the “insights you get from spreadsheets and those your get from the heart provide different types of guidance.”

For example, Alex noted the tendency to ask MBA applicants the question, “What is your North Star?” According to Alex, that is just too big a question. “You’re better off breaking it down: Why business school and not some other graduate degree? Why now? Why this particular school? It really is all about understanding what problem—in your life, or career, or society—that you can’t solve without getting an MBA,” he said.

The deeper he got into the application process, the more Alex found his attention shifting to the “who” at Berkeley Haas: professors, admissions officers, alumni, and student leaders. Their voices filled in hidden gaps in his spreadsheets.

Among those voices were Haas students and graduates who are members of the Consortium for Graduate Study in Management. They were a huge source of support in his application process and remain a “family” for Alex. He recalls a Consortium grad who connected him with another Haas alum who spent time on the phone with him days before the decision deadline for the Berkeley Haas full-time MBA program. It wasn’t until much later that Alex found out the person he was speaking with was on the East Coast, so what was a comfortable eight in the evening conversation for Alex, lasted from 11 to midnight on the other end. With Consortium Fellows Monica Shavers, MBA 23, and Alex Hunter, MBA 23, Alex talked about what it means to be and live as a Haas MBA. “They helped me realize this is a place where I could self-actualize into the cool, Black nerdy, compassionate leader I always wanted to be. That was huge!”

Alex came to understand that the career problem he wanted to solve was how to braid his technology background, his leadership skills, and his social entrepreneur focus into a single, strong career thread that would allow him to have a positive, tangible impact on people and communities. “As much as I enjoyed my program manager role at Intel, I realized that my work didn’t directly touch people’s lives,” he said. “Coming from a position of corporate privilege, I wanted to engage with others so they could reach further in their own careers.” That desire led him to create CMD (Chocolate Milk Diplomacy, named for Alex’s favorite beverage), designed to help people in underserved, underrepresented, and untapped communities get equitable access to career development.

But after a few years of being “a Big Tech guy during the day and a social entrepreneur at night,” Alex realized that as much as he loves Big Tech and big organizations, it might not be the “sweet spot” for him long-term. “My career hypothesis is more of a side-step than a pivot. I’m curious to see how I can take my career in a different direction, like a Series C start-up or mid-size company in a product manager role. I want to be among the people asking what should we build? Why? For whom?”

Now in his second year, Alex has taken on a big role: president of the MBA Association. “Elevating my leadership skills and my emotional intelligence quotient are part of my MBA journey. And it certainly is daunting to find myself leading a bunch of leaders,” he said. “It is a constant lesson in learning how to influence without any real authority and stretching the empathy muscle.”

The student government team set three goals for 2024. First is addressing the “information asymmetry faced by incoming students. New Haasies get a ton of information from all different sources and through many channels. We want to simplify how, where, and when incoming students get the information needed to find their way and launch their MBA experience in the best possible way.” Second is moving Berkeley Haas forward in providing “equitable support for all students, with a specific focus on international and underrepresented minority students.” Third is to strengthen the Berkeley Haas culture in our “new normal, post-pandemic.”

Part of the culture that particularly appeals to Alex is the personal aspect of the relationships among students. He is frankly “thrilled by how much I connect with my classmates. I expected business school relationships to be very transactional: I help you; you help me in return. Instead, I found a group of wonderful nerds who smother each other with care and compassion. My conversations with classmates typically start off talking about family and community, the cultures we grew up in, and what makes us laugh or cry or get angry,” he said. “Career stuff doesn’t come up until later. People arrive here from so many different places and are headed in such diverse directions. When you discover that the person you’ve spent time with has also founded a couple of start-ups or led a social enterprise, you really see what Confidence Without Attitude looks like.”

Interested in having an impact through your own career? An MBA from a top business school can help you grow your network and leadership skills so you can take the next step towards a fulfilling career.



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FROM Haas Admissions Blog: Flex MBA offers a virtually seamless classroom experience
Twice a week, at four p.m. sharp, Pacific time, Assistant Professor Jose Guajardo greets the students in his Operations class with a big smile, eager to dive into the day’s discussion. He writes the name of a company on the white board next to him, scans the class in front of him and cold calls the student in the middle of the top row.

Just a typical MBA classroom? No, a Flex classroom.

Jose is in a video studio on the Haas campus and his students are in Texas and 16 other states. They are in Egypt, Germany, Japan, and Singapore, at home, the office or on the road. They are the students in the Berkeley Haas evening & weekend MBA program’s Flex option. They take their core courses online and have the option of choosing in-person or online electives. A couple of required in-person events—including the signature We Launch orientation—lay the groundwork for the relationships that are as much part of the MBA experience as the academics.

The Haas technology team and the faculty work hard to recreate the classroom environment in the virtual world. The virtual classroom set-up has evolved with time and in response to student feedback. As Marc Armbruster, MBA 25, who comes to class from Westchester, New York, where he works as a vice president and principal data scientist at Citizens, Bank, said, “They're really pushing the envelope in terms of what an educational experience can be.” Examples of upgrades include improved noise reduction technologies, alongside cameras and configurations that allow guest speakers to fully engage during classes and Q&A sessions.

[The professors] keep us on our toes in ... the way that they would in person."

“Many of the things we would do in an actual classroom, you could actually replicate, or some do even better in the virtual setting like the one we have here at Haas,” Jose said. “We can use multiple medias to generate that rich interactive environment.”

That includes videos made available for viewing before class, along with more standard reading and small group assignments. They give students “an opportunity to grasp the concepts beforehand and apply them in real life case scenarios [later on],” according to Tapan Shah, MBA 25, a manager in Data Management & Analytics with APL in Arizona. Once in class, Tapan said the professors can “with a single click, distribute us in breakout rooms. Being in person, this would take more time to do.”



Like many, Shilpa Chidambaram, MBA 25, a senior product manager at Demandbase, was initially skeptical that the Flex classroom would be just another Zoom meeting. Instead, “the classroom experience is so immersive that it feels like I’m sitting in the classroom,” she said. “I’m super, super involved in the discussions. And my professor really knows whether I’m engaged or not.”

Amanda Sultan, MBA 25, previously a Strategic Projects lead in Ride-Hailing Operations for Waymo in Detroit, worried that high-tech would diminish the high-touch needed for networking. “I wondered to myself, are we going to be able to connect the same way that people in person have? And the answer is wholeheartedly, yes.”

Jose underscores that ability to engage from the professor’s perspective. “If a student speaks, for example, we will hear directly from a specific direction and can interact with that student as if we were in class,” he explained.

Alecia Wall, MBA 25, a senior manager in Channel Acceleration with Atlassian in Austin, Texas, agreed, “When I'm in class, I see the professor in front of me. They're standing. They're walking around. They're interacting with the whiteboard. They're able to cold call us. They keep us on our toes in that setting the way that they would in person.”

Part of what makes the Flex classroom more than a Zoom meeting, is that students are able to customize how they experience the classroom. Aidan Steele, MBA 25, a member of the U.S. Marine Corps stationed in Quantico, Virginia, noted that, “We can all see each other's faces if we choose to. We can see the professor. We can see what the professor is writing, and we can switch focus between those perspectives in whatever way supports our learning experience the best.”

That includes having access to chat rooms, where, Aidan said, “We can seek clarification from our peers without interrupting the flow of the class, or we can bring up additional points that weren't mentioned but are helpful. Multiple times, people have dropped links to references or articles in the chat window. You just can't replicate that experience in an in-person setting.”

Emily Harmon, MBA 25, an HR Integration program manager with Microsoft in Seattle, adds that the “chat function in the virtual classroom actually allows for more participation and more inclusion.”

Learn more about the Berkeley Haas part-time MBA program options and how you can achieve your leadership goals with the same top-ranked MBA. 



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FROM Haas Admissions Blog: Engineering a greater role for women in financial research
“There seem to be fewer incentives for women to pursue careers in quantitative finance. Perhaps that is why women have not made very uniform advances in the industry,” Juliette Mayada Ould-Aklouche, MFE 24, observed.

The statistics bear her out: Women and men are almost equally represented in entry-level and mid-career positions in the finance sector, but men earn more and are promoted faster. As you look up the leadership ladder, women nearly disappear. Only one of the 50 largest U.S. banks is helmed by a woman and women hold less than 10% of senior positions in private equity and venture capital.

“Working in a technical role is even less obvious as a career path,” Juliette continued. Again, the numbers prove her point. Men outnumber women three to one among the ranks of financial engineers—a figure that has held steady for about a decade.

Nonetheless, Juliette is optimistic about correcting that imbalance and she is well-placed to do it. One out of three of Juliette’s classmates in the Berkeley Haas Master of Financial Engineering program is female, part of a three-year trend of steady expansion of the pipeline of highly qualified quants. And when MFEs graduate, they enter a field that has virtually no gender pay gap—a rarity in the finance industry.

Two initiatives support Juliette and her classmates. One is the Women’s Leadership Initiative, which helps women launch and advance their careers, connecting them to a strong support network of alumni and industry partners, providing professional development workshops, networking luncheons, and more. Another is the strong partnership between the program and Financial Women of San Francisco (FWSF). a group that has been “a source of insight and inspiration to professional women in the financial services profession” for 60 years.

Juliette’s first contact with FWSF happened before classes started, when she applied for one of the annual scholarships. “I did not receive a scholarship, but attending their events has been very valuable. Their social mixers are a great way to meet people and connect in a relaxed environment. You can really meet and talk with professionals almost as peers. I especially enjoyed a conference FWSF organized on ESG (environmental, social, governance) and impact investing that was held at BlackRock in San Francisco.”

A few months later, she returned to BlackRock as an intern in multi-asset portfolio management. “Unlike other MFE programs, our internships are in the winter. Being the only candidates in the marketplace is an advantage, and it probably leads to more focused attention on you during your internship. It was terrific to be at BlackRock where there are many other Berkeley Haas graduates,” she said. “The people in Career Management Services do a good job of matching us with offerings and helping us prepare our résumés and interview skills.”

Juliette, a graduate of one of France’s leading engineering schools, arrived at Berkeley Haas confident in her strong statistics and math skills and curious about finance. “I liked the dynamics of finance, how it is influenced by society and current events, and how it can influence those things in return,” she said. “And while New York is considered the hub of global finance, San Francisco is central to finance on the West Coast. I had lived in Paris and knew I wanted to study in a smaller city, where I would be less distracted by urban life and closer to nature. Berkeley and the Bay Area were perfect for that.”

Once in class, Juliette appreciated the “strong house” among Berkeley Haas faculty and other resources available to MFE students. She mentioned Professor Nancy Wallace, chief of the real estate group, who teaches Asset-Backed Securitization, and the O’Donnell Center for Behavioral Economics as two examples of “having access to real experts in a range of business and economic topics beyond financial engineering.”

In addition, Juliette continued, “I was familiar with time series models, but in our Empirical Methods in Finance class, Professor Martin Lettau showed me how to use them in a whole new way. Dmitry Livdan opened up a whole new world of options in Derivatives. ” Juliette equally appreciated classes like Equities and Dynamic Asset Management, taught by industry professionals. “Each class built on the others, so by the time you started your internship, you could put it all together.”

Juliette describes her cohort as a “medley of people. We have many nationalities and professional backgrounds, from tech to economics, from finance to machine learning. We have worked as statisticians and traders and hedge fund or asset managers. Yet, we all feel like we belong here. It is good to be in a place where your presence isn’t questioned, it is welcomed.”

Interested in having an impact through your own career? An MBA from a top business school can help you grow your network and leadership skills so you can take the next step towards a fulfilling career.



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FROM Haas Admissions Blog: An entrepreneurial psychiatrist with a bold vision gains business insights
“Berkeley Haas is a dynamic, collaborative environment, where we are encouraged to bring our most authentic selves to the classroom, to our jobs, and to our relationships,” said Aneel Ursani, MD, EMBA 25. “For me, that kind of self-awareness and the ability to feel good in your own skin are also indicators of good mental health.” 

As a practicing psychiatrist in a medically underserved area outside of Kansas City, Aneel sees firsthand the challenges of delivering  high quality mental healthcare: workforce shortages, long wait times, fragmented and uncoordinated care. As he sought to address these challenges in his own community, Aneel saw the potential to leverage technology and data science to improve mental healthcare more broadly through increasing access and optimizing clinical quality. . Within a few years, Aneel became the co-founder and chief medical officer of two start-ups: Klinic provides administrative and clinical support services to sole practitioners treating addiction, while Revive Telehealth delivers on-demand psychiatric services to emergency rooms across the nation. 

With a goal of wanting “to help people get better faster and lead more productive lives,” Aneel plans to “change the mental healthcare paradigm, beginning with more impactful and meaningful emergency room care through more objective clinical assessments and risk stratification, while delivering care that is less costly and more efficient.”

But healthcare is a business and Aneel knew he had to match his clinical skills with deeper business acumen to succeed as an entrepreneur.  “From my days as a pre-med undergrad, I knew Berkeley’s reputation for intellectual rigor and break-the-mold thinking,” he said. “At Haas, I’ve found all that, plus a real dedication to bringing quality innovation to market.” 

He spent the first two semesters of his Berkeley MBA for Executives program getting accustomed to being a student again and conquering new subject matter. He is already applying classroom lessons in his own enterprises. Managerial Economics, for example, gave him insights into pricing for competitive advantage, while  Marketing Organization & Management underscored the need to be “customer-obsessed and to address regional differences in marketing,” he said. 

Now, Aneel is reaching out beyond campus, exploring connections among the 44,000-strong Haas Alumni Network. “I am interested in finding mentors and advisors who will be able to challenge me and prompt me to keep on learning,” he said. “I was so impressed with the people we met in our Entrepreneurship Immersion. So many Silicon Valley founders—most of them Haas grads—gave so generously of their time and their thoughts.”

This summer, Aneel will venture further from campus as a participant in GNAM, a global network of 32 leading business schools. He has chosen to study for a week in Singapore. “The Asian healthcare market offers points of both comparison and competition for the U.S. There is such an opportunity for rapid growth in that region. In truth, mental health is a global concern and mental healthcare should be a global market,” he said.

One of the things Aneel enjoyed as an undergrad at Cal was taking classes outside of his molecular and cell biology major. He said, “I took so many psychology classes that it became a second major and set me on the path to becoming a psychiatrist.”  He is casting the same wide net in his MBA studies. Aneel will qualify for the Healthcare Management Certificate by taking classes like Healthcare Finance and Healthcare Strategy in the School of Public Health.

Finding the right balance of business and clinical skills has led Aneel to a few surprising insights about himself. “As a psychiatrist, I lead with empathy in my patient relationships, but my coursework here in leadership skills highlighted the importance of consistency and authenticity in all of my relationships—with colleagues and even my family. This is not just a lesson I will carry forward, it is a reminder that everyone can keep on learning and be a Student Always.”

Interested in having an impact through your own career? An MBA from a top business school can help you grow your network and leadership skills so you can take the next step towards a fulfilling career.



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