Monthly Archives

September 2009

Student Association

Kiva Campus gives opportunity for students to give back through microfinancing

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Your Student Association has selected Kiva, a microfinancing organization, as our charitable opportunity for the 2009-10 academic year. We feel this organization represents our vision of becoming global business leaders and increases our presence of giving back to the community. With international students from 21 different countries, our community is world-wide and Kiva operates in many of them.
We have established a lending team, UST MBA, on Kiva, a non-profit website that allows you to lend as little as $25 to a specific low-income entrepreneur across the globe. You choose who to lend to – whether a baker in Afghanistan, a goat herder in Uganda, a farmer in Peru, a restaurateur in Cambodia, or a tailor in Iraq – and as they repay the loan, you get your money back.
Once you’re a part of the team, you can choose to have a future loan on Kiva “count” towards our team’s impact. The loan is still yours, and repayments still come to you – but you can also choose to have the loan show up in our team’s collective portfolio, so our team’s overall impact will grow!
The First Year Students were introduced to the microfinancing concept during launch week, while the Second Year Students Peddled for Kiva! on the Peddle Pub earlier this week. We all understand that microfinancing is one of the best ways to support entrepreneurs in the world wide community. Our goal is to raise $1000 on our team page by the end of the month and we need your help to do this.
Please follow the link http://www.kiva.org/team/ust_mba to register today. We will keep you updated on how the UST Full Time MBA program is contributing throughout the year.
Together we can make a difference.
Submitted by editor

Student Association

Student Association welcomes everyone back to school!

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Class of 2010 & 2011:
I would like to take this opportunity to extending a warm welcome to the returning class of 2010 and give a special welcome to the incoming class of 2010. I hope everyone had an enjoyable summer with plenty to relaxation. Over the summer Student Association has been busy working with Student Life and program Staff on initiatives for the coming year. The work of Dean Woodson, Ms. Bielen, Laura Malwitz, Colleen Jackson, Brandt Uthus, Brian Slattery, Jace Senske, and Mike Bisanz have been instrumental in planning for both the 1st and 2nd year launches and many great upcoming events throughout the year. I highly encourage everyone to participate in as many of these events as possible this year. Please be checking your email regularly for updates.
On a different note… during my summer I was introduced several philosopher-scholars and pulled two quotes from their writings that very much reminded me of the year past and my anticipation for coming year. The first quote is for the returning class of 2010 and what I hope will equally represent the class of 2011. The second quote reminded me of the first year in the program and is for the 1st years…
“Education is a social process. Education is growth. Education is, not a preparation for life; education is life itself.”
– John Dewey
“The roots of education are bitter, but the fruit is sweet.”
– Aristotle
I look forward to reconnecting with fellow 2nd years and meeting all 1st years. Welcome!
~ Nick

Student Life

UST students help plant trees at Woodlake Nature Center

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Thank you to everybody that participated in the first Volunteer Club activity of the 2009-2010 school year.
Eleven members of the full time UST MBA program joined members from the Minnesota chapter of the Project Management Institute (PMI) to plant 25 sugar maple trees at Woodlake Nature Center. PMI is a not-for-profit association that advocates for the profession of project management. Minnesota is one of the premier chapters in the country with over 3000 members. The Minnesota chapter is a volunteer run organization that is celebrating the 25th anniversary of its founding. To commemorate this occasion, the chapter decided to plant 25 trees in a public location.
Michelle Maas, a full-time UST MBA student, was selected as the project manager for the project. The project involved selecting trees from a local nursery, working with Woodlake Nature Center to meet their needs, communicate to members and partners of the Minnesota chapter, and arrange for all supplies and volunteers on planting day.
The trees were planted at Woodlake Nature Center which is a 150 acre nature preserve in Richfield with over 3 miles of walking paths which are open to the public year round. Woodlake Nature Center hosts a variety of family programs and receives over 120,000 visitors annually. Woodlake has a bush of silver maple trees that are tapped in spring. The sap is boiled down on-site and the syrup is sold at the interpretive center. Karen Shragg, the director of Woodlake Nature Center, was enthusiastic about the donation and requested the organization to plant sugar maple trees to eventually replace the silver maple trees which will eventually die back. By planting sugar maple trees we not only provide shade for people while walking, but provide a future source of revenue to Woodlake continue provide many outstanding programs.
Planting day was scheduled for Saturday, August 29, 2009. St. Thomas as an educational partner of PMI-MN was invited to participate in the planting by requesting volunteers from the full time MBA program. Twenty five 10 gallon trees were planted in two separate locations within Woodlake Nature Center. The day started out with a demonstration by Karen Shragg who described how to properly plant trees. Once the work got started all trees were planted in just over an hour. Afterwards, everybody enjoyed Davanni’s pizza.
Submitted by Michelle Maas

Admissions Updates

Admissions Update

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The Admissions Team would like to welcome students to campus for the Fall 2009 school year! We are extremely excited to have the class of 2011 join the UST MBA community, and we would also like to welcome back the class of 2010!
Interested in learning more about your classmates? Explore the profiles of the classes of 2010 and 2011:
Class of 2011:
Total class size: 78
Average age: 27
Average GMAT: Average of top 10%= 720, average of top 25%= 670
Average years of work experience: 3 years
Male/female ratio: 63% male, 37% female
International students: 18% Int’l students, 26% students of International background
Countries represented: Brazil, Burundi, China, India, Kenya, Peru, Trinidad & Tobago, Uganda, Ukraine, Venezuela.
A few interesting items: The class of 2011 contains one set of newlyweds, many sports and travel enthusiasts, and several accomplished equestrians. One student went to high school in Switzerland; another paid for his college education by selling sweet corn. Students have worked as fashion designers, wine makers, pilots, nutritionists, and police officers. The class includes four military veterans and three JD/MBAs.
Class of 2010:
Total class size: 69
Average age: 26
Average GMAT: Average of top 10%= 680, average of top 25%= 650
Average years of work experience: 3 years
Male/female ratio: 65% male, 35% female
International students: 19% Int’l students, 31% students of International background
Countries represented: China, Ukraine, Sri Lanka, India, Kenya, Ethiopia, Uzbekistan, Colombia, Ghana, Germany, Bulgaria, Canada and Nigeria.
A few interesting items: The class of 2010 contains two sets of siblings, a student who biked across the US as a fundraiser, students who have worked as choreographers, interpreters, teachers, worked on Wall Street, or run their own successful business—including an online business with 10 employees and a travel agency specializing in trips to Eastern Europe. Several students can speak 3 languages, and four students are parents.
Submitted by Anne Tonolli

Academics

Study Abroad 2009: Brussels, Belgium, and Germany!

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Business & Ethics in the European Union was a wonderful and enriching educational experience from a cultural as well as a business law perspective. In May of 2009, seven full-time UST MBA students joined 11 part-time UST MBA students in Brussels, Belgium and Trier, Germany for a 14-day hands-on, international contracts seminar course. This course was led and taught by Dr. Susan Marsnik and Dr. Doug Jondle, both esteemed Ethics professors at UST.
The centerpiece for this course was a contract negotiation exercise. We were tasked to negotiate buyer and seller contracts with students from the University of Applied Sciences (Fachhochschule) Trier, Germany. This required us contacting and negotiating with students in our groups, working out contract terms prior to our departure to Europe, and completing negotiations with the German students face-to-face in Trier.
The course consisted of two tours of international companies such as Cargill, Inc. and Johnson & Johnson in Belgium to study environmental and social responsibilities of corporations conducting business in Europe. Both of these site visits opened our eyes to see how international companies handled environmentally ethical dilemmas. Towards the end of the course, a site visit was also made to the Federal Office of Economics and Export Control (BAFA) in Eschborn, Germany. The purpose of the site visit to BAFA was to explore legal principles impacting international business including import and export and trade law.
One of the best things about this experience was the German hospitality shown to the MBA students by the German students. All of the students at the Fachhochschule were very friendly and were eager to practice their English speaking skills. A few of the German students opened their homes to us for dinner and everyone took us out on the town in Trier, Germany each night. Culturally, it was fascinating to see just how much the German students were like us and I genuinely recommend this class to anyone interested.
Article submitted by Jill Schlangen

Upcoming Events

Opus College of Business Co-Sponsors National Society of Hispanic MBAs Annual Conference

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The UST Opus College of Business is a proud sponsor of the National Society of Hispanic MBAs 2009 Conference and Career Expo. The national conference, hosted for the first time in Minneapolis, takes place October 8-10 and will be held at the Minneapolis Convention Center. The event is expected to draw 8,000 attendees, along with representatives from more than 300 sponsoring companies.
NSHMBA consists of 32 professional chapters, with 8,000 members in the U.S. and Puerto Rico. The organization works to create leaders through graduate management education and professional development, to increase Hispanic representation in MBA programs as well as C suites and executive boards, and to provide cultural awareness that is vital in an increasingly diverse workforce.
UST Opus College of Business is excited to support NSHMBA and to represent the University of St. Thomas at this high-profile event. “Our nation’s growing Hispanic population comprises a significant and important sector that is extremely underrepresented among the key business decision makers,” says Dean Chris Puto. “Preparing future leaders who can fill this enlarging gap is one of our highest priorities as a premier business school, and we are excited to partner with NSHMBA to achieve this goal.”
Throughout the conference, Opus College of Business staff and business students will network with representatives of Fortune 500 companies from across the country, reinforcing the college’s regional and national reputation as a premier business school.
The Opus College of Business will sponsor a booth at the NSHMBA Career Expo as well as a luxury Sponsor’s Lounge. Representatives of sponsoring companies are invited to the lounge to relax and recharge, and to enjoy amenities such as complimentary WiFi internet access, snacks and massages. The lounge will be located in the Career Expo area, #1753.
Visit the UST Opus College of Business in booth #843 at the NSHMBA Career Expo to learn more about the university, the college and the depth of graduate business programs and courses offered. Follow us on Twitter and Facebook to see live updates and photos from the conference.
Submitted by Anne Tonolli

Upcoming Events

Ladies representing NAWMBA at national conference!

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The National Association of Women MBAs (NAWMBA) invites you to register for the 2009 Conference and Career Fair Leadership Today and Tomorrow which will be held October 29-31 at the Disneyland® Hotel in Anaheim, California. The conference has been designed to assist women, both students and professionals, as they continue along the journey to develop and enhance their leadership skills.
The 2009 National Conference and Career Fair Events include the following:
· Career Fair
· Keynote Speakers
· Development Workshops/Panels/Speakers
· Resume Reviews/Mock Interviews
· Sponsor Receptions
· Marketing/Strategy case competition
· Twilight Ticket to Disneyland Park (Friday Evening
Conference registration fees
Member $150.00
Non-member $275.00
For more details, please go to www.mbawomen.org/leadership or contact Nitya of NAWMBA UST Student Chapter with questions.
Email: mali6695@stthomas.edu
Phone: (612) 229-1003
Submitted by Joan Malit

Student Life

Did you know?

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Welcome Back!
Student Life and the Student Association welcomes you to the 2009-2010 academic year. We have planned a full year of the best ever activities ever! To find out what’s going on access the UST Calender, found on Blackboard. Your clubs will send invites through Outlook. Social activities will be delivered via Evite. Please RSVP to these requests. Every Thursday you will receive the Weekly Update which highlights all UST MBA activities, and unless otherwise noted you are invited to all! Facebook is the best medium to stay in touch with students, remember birthdays, and connect for social networking activities. Each class has a dedicated page under “UST MBA Class of 20XX” so sign up today!
Your Student Commons will be your home away from home this year, please treat it with respect. As we lack janitorial service in the kitchen area, you are responsible for wiping down spills and messes. Cleaning supplies are in the cabinets. The refridgerator is cleaned and emptied every Thursday starting at 1 pm. All perishable food items will be discarded.
Discounts
Erbert and Gerbert’s, Salad Creations, and Dancing Ganesha all offer discounts for UST students! Erbert and Gerbert’s is located on the skyway level of the LaSalle Plaza near the YMCA and offers a 10% discount with your student ID. Dancing Ganesha is located at 11th and Harmon and offers a 20% discount on food. Salad Creations, located in the skyway next to Target, offers a 10% discount with your student id.
The YMCA, located in LaSalle Plaza, offers a discounted rate for students, simply bring your most recent tax forms for your personalized monthly rate.
The Life/Work Center has discounted movie tickets for the AMC, Carmike, Mann and Regal theaters. Please stop by the Life/Work Center in TMH 110 to purchase tickets.
LIFE/WORK CENTER
1000 LaSalle Avenue, TMH 110
Minneapolis, MN 55403
Phone: (651) 962-4763
Email: lifework@stthomas.edu
Office Hours
M, W and Thu: 9—5:30
Tu: 9—6:30
F: 9—4:30
Submitted by editor