Monthly Archives

February 2010

Competitions

ACG Cup results

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Congratulations to all of the participants in the first-round in the second annual Association for Corporate Growth (Minnesota Region) Case Competition.
The chance to represent UST in this week’s regional finals attracted five UST MBA competition teams. Each team had one week to analyze a financial case and develop a compelling 20-minute oral and PowerPoint presentation, given to three judges chosen by the Association for Corporate Group, the organization sponsoring the ACG Cup.
This year’s judges, (Jeff Arnesen of Houlihan Lokey; Alan Thometz of Grant Thornton, and Andy Platt of Norwest Equity Partners) had a significant challenge picking the best from among six competing presentations (Concordia University also fielded a team this year). Last year we were thrilled that not one but two UST teams were selected to go on to the final round. So you can imagine the excitement when, after the dust had settled and the final slide presented, that not two but THREE UST teams made the final cut!
Congratulations to Round One’s three winning teams:
Team 1 –
Kevin Hejna
Brad Maiers
Shawn Moses
Sam Sands
Team 2 –
Naren Heart
Grant Seipkes
Team 3 –
Ahmed El Shourbagy
John Quinn
Jake Heidkamp
In speaking to all the competitors after the event, it was clear that there were no losers, as all who participated gained valuable analytical and presentation experience as well as useful contacts in the financial investment community.
This week these three teams will face off against the Round One winner from University of Iowa, here at Shulze Auditorium, at 5pm Thursday, February 11. Last year’s top-ranked UST team came in second to a winning Iowa contingent, so this year represents an opportunity to even the score. Come on out and root your classmates to victory in the second annual ACG Cup Case Competition!
-b.
Bill Woodson
Assistant Dean, UST MBA Programs

Upcoming Events

Social Media, Free Speech, and the Ethical Corporation

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I know many have been waiting for more information regarding the 2nd Annual Ethics Case Competition coming up in March. The wait is over! Specifics on the case topic, “Social Media, Free Speech and the Ethical Corporation”, evaluation criteria and senior-level guest judges are all available on the Center for Ethical Business Cultures website by clicking here.
The format is more free this year, with no mandated case, but rather student driven research. And what more timely topic than social media policies & free speech in business? Very few, if any: that’s how many. This competition is a compelling opportunity to present before and network with before senior industry leaders. Even more impressively however, the winning All-Star Team will represent UST’s Full-time MBA program in the National Business Ethics Case Competition in the fall of 2010 in Nashville. This national competition is held in conjunction with the Ethics and Compliance Officers Association (ECOA) annual meeting. The extent of networking opportunities from this competition are profound and may prove to go well-beyond the experience locally for 2nd Year students with sights set high for internships and employment. As someone who has competed in the past, I can truly say that the experience opened a number of networking doors for me and I’m not just feeding you a line. What better time to show your merits and spring-board some great relationships than during the final semester of your MBA?
While teams of four are preferred, you are certainly encouraged to sign up as an individual as well and we will thoughtfully place you with fellow colleagues. Including students from the 1st Year class in your group is highly encouraged too (and makes it fun to work with new people!) Please send me an email to indicate interest. We are looking to obtain an interest level by Monday, Feb 8th and confirm teams by Friday, February 12th.
This local competition allows you to not only showcase analytical talent, but affords you the chance to present and network with 8 senior/C-suite level industry leaders working for such companies as: Best Buy, Target, General Mills, United Health Group and BlueCross BlueShield of Minnesota to name a few. Those are names that raise eyebrows and getting a chance to present yourself in this forum is rare.
Once again, please take a look at the website to clarify and contact me as soon as you can to sign up at slat8061@stthomas.edu!
Submitted by Brian Slattery

Student Life

International Student Club update

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Last semester, we welcomed 20 First year international students into the Full time MBA program. As part of the orientation, we started building relationships with the students to help them get acclimatized to the UST community. Together as a group we visit the State Fair.
The semester activities for the club started with a Fireside Chat and concluded with the Famous International Student’s Potluck. The potluck has always been the most anticipated event for the cohort each semester and last semester had one of the best turnouts and over 30 dishes displayed.
As part of the 1st year J-term schedule, Lynn and Anvar moderated on the topic Culture and Business. This discussion was scheduled to allow the first years to learn about different cultures and the business environment in the various continents. To live by the mission of the MBA program which is to educate highly principled global business leader, this was one of those ways of educating other student while we have the resources which is the International students.
In the coming semester, we are working on an event that will focus on leadership. This event will have a number of leaders in Fortune 500 companies who came to the United States as International Students and their journey to Leadership roles with reputable companies. Other activities are still in the discussion stage and will be finalized in the course of the semester.
Submitted by Lynn Sallah

Academics

Study Abroad Update

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Risk Leadership in Global Firms was a great educational experience which offered insight on a topic which affects all businesses. In January 2010, two full-time UST MBA students and 21 part-time UST MBA students spent eight days in London, England learning more about the field of risk management. The course, held at Lloyd’s of London, was taught by Dr. Peter Young, who occupies the E.W. Blanch, Senior Chair in Risk Management at UST. Dr. Young is considered worldwide as a leading expert and educator on the subject of risk management.
The risk leadership concept is rather new, so the course provided a case-based exploration of the emerging enterprise risk management issues that challenge leaders at all levels in global organizations. Five of the top risk management experts from Europe were brought in as guest faculty to participate and present a case based on their own firm or professional experience. The guest faculty included the former CRO at SABMiller (now a partner at KPMG-London), the current Risk Officer for Novo Nordisk, the former head of Large Accounts at Aon-Europe (the world’s second largest insurance broker), a Professor of Strategic Risk Management at Copenhagen Business School, and a terrorism financing expert and advisor to NATO and the British Government on financial security.
Before departing for London, students were provided with readings for each expert. We spent mornings listening to lectures from each expert. Afternoons were spent in groups working on the case each expert provided. Case results were presented to the expert each afternoon with constructive feedback provided at the conclusion.
Along with a privately guided bus tour of London, students had the unique experience of receiving a guided tour of Lloyd’s of London. With our evenings and weekends free, students made use of the time by exploring London and the surrounding landmarks. Some students made day trips to see Bath, Stonehenge, and Windsor Castle while others shopped at Harrods, took in an English football game, or saw theatre productions of Lion King, Wicked, and Phantom of the Opera. We all might have even made time to participate in a few pub crawls.
London is an amazingly diverse city that has a lot to offer no matter your interests. Studying abroad is a highly informative and rewarding experience. I highly recommend this course and would urge all students to consider studying abroad before they graduate.
Submitted by Myles Lukoskie

Admissions Updates

New UST Blog and Admissions Update

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Visit the new UST MBA blog
The Full-time Admissions team welcomes everyone back for spring semester. We hope that you enjoyed your Holiday break and are excited to see you on campus! The staff of the Full-time and Evening UST MBA programs has launched a new blog about the great work going on in our community. The blog’s name, Opus Magnum, comes from Latin for “great work” or “masterpiece.” We felt the title was fitting too, since we are in UST’s Opus College of Business. The blog provides advice from the admissions team, insights from students and career services staff, details about events on campus from the student life staff, as well as general discussions about local business and education trends. Through Opus Magnum, we aim to deliver to our readers a little of what makes the UST MBA special and unique among its peers. Please share with us your comments on the blog and ideas for future posts.
UST MBA Forum to be held February 24
Later next month we will be hosting The UST MBA Forum with Princeton Review. This will be a major recruiting event, which includes:
* Q&A Session hosted by Full-time and Evening UST MBA programs
* Free sample GMAT preparation class presented by the Princeton Review, a leader in test preparation
* Representatives from all St. Thomas Opus College of Business graduate degree programs
Any current students interested in attending and representing the Full-time UST MBA from a student perspective should contact the Admissions office. Our next application deadline is February 15 which means lots of prospective students visiting campus for their admissions interviews. We appreciate the support of all of the students who have already agreed to meet with prospective students and encourage you to contact DeAnn Kautzmann in TMH 100 if you would like to volunteer in the future.
Submitted by Clark Gregor

Student Association

Club Update

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JD/MBA Club
The JD/MBA Student Group had a successful first semester as an official club, sponsoring two events that connected law and business students. We were able to answer questions of potential joint degree students and form a mission and vision for the future of the Club. This semester, we are working to create a connection with joint degree alumni to discuss various career tracks available to these students and will be co-sponsoring several events at the law school to expose business students to important legal issues. Any thoughts or ideas for the Club are welcome.
Consulting Club
The Strategic Consulting Club has focused on restructuring throughout the ’09-’10 school year. The club has a newly developed leadership team and solid first year membership. The club still has room to grow but is off to a good start. Traditionally, the club takes on a student-led consulting project during the year. This year, in order to grow and foster membership, two projects have been initiated. With the growing interest, a need for Consulting Club events has been brought to the attention of the leadership team. As we move into the spring semester, the two student-led projects will be in full swing, the club will move forward with plans for a Consulting Club event, as well as prepare for the transition in leadership.
Net Impact
Compete to Find Corporate Sustainability Solutions in a Case Competition using Live Data with $5,000 in Cash Prizes
This unique case competition will focus on finding solutions to recycling challenges at International Paper and Staples, using real-time data. Selected finalist teams of first-year graduate students will have the opportunity to work closely on the case with executives from International Paper and Staples via a series of conference calls from February to June 2010.
Prizes include $5,000, free Net Impact Conference registrations, a travel stipend, and annual passes to the National Parks to the winning team, as well as $1,000 stipend for finalists.
The application deadline was just extended to February 3!
>> Get more information and apply
Compete in the Pioneer Employer Case Competition: Raising Wages, Increasing Profits with $10,000 in Cash Prizes
Can investing in front-line factory workers actually improve your bottom line? This case competition focuses on the story of Al Fuller, the co-founder of Integrated Packaging Corporation (IPC), who dramatically improved the standard-of-living for his employees while also turning his company’s fortunes around. The competition challenges teams to analyze and propose solutions for IPC, and gives finalists the opportunity to present their analysis to Mr. Fuller himself at the 2010 Net Impact Conference. In addition to the case analysis, the competition will require students to work with MBA faculty and administrators to integrate cases involving improved standards for workers into their MBA program.
There are $10,000 in cash prizes! The Intent to Compete form is due February 11, 2010.
>> Find out more
Please note only students who are enrolled through the fall semester of 2010 are eligible to compete.
NAWMBA
Hello all,
This might be a bit early, but I just wanted to let you know of an exciting opportunity to be a part of the 2010 conference in Louisville, Kentucky on Oct 1 and 2.
Many of you expressed interest in attending the conference last year, so I just wanted to give you all a heads up, so you can start budgeting for this trip as you land those summer internships.
Let me know if you have any questions.
Thanks,
Nitya
Submitted by UST Clubs

Upcoming Events

Special guest speaker from General Mills: RSVP today!

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Full-time UST MBA Students,
An invitation especially for you!
Chris O’Leary, executive vice president and chief operating officer, in charge of the international division for General Mills, will speak here on Thursday, Feb. 18, 12 – 1:00 p.m., in MOH 201. Lunch will be served.
Mr. O’Leary will speak about the roles and responsibilities of MBA hires at General Mills and how he has managed his career – beginning with PepsiCo, then Frito-Lay and now at General Mills. To read his bio click here.
Special thanks to Joey Wertz for arranging this terrific opportunity.
RSVPs are required so that the right number of lunches may be ordered. Please reply to Joanna Nute at jgnute@stthomas.edu if you plan to attend.
Submitted by Joanna Nute

Upcoming Events

Multicultural Forum on Workplace Diversity

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About the Forum
The Multicultural Forum on Workplace Diversity is one of the largest diversity and inclusion conferences in the country. Presented by the Opus College of Business at the University of St. Thomas in partnership with the Twin Cities Chapter of the National Black MBA Association, the Forum attracts local attendance as well as national participation. This year’s forum will take place on March 17 – 18th at the Minneapolis Convention Center.
The purpose of the Forum is to provide a compelling learning experience fostering business and thought leadership in workplace diversity and inclusion. The Opus College of Business mission of educating highly principled global leaders informs and supports the Forum’s goal of providing high-quality educational content. Because education is our primary focus, we keep our costs low to allow our diversity and inclusion message to reach small and mid-sized companies, government organizations, nonprofit organizations and major national and global corporations.
About the Conference
In 2009, members of more than 400 organizations across the U.S. took part in the Multicultural Forum on Workplace Diversity. They chose the Forum because it provides a venue for discussion about diversity and inclusion in the workplace. In keynote sessions and workshops, you won’t hear a sales pitch. Instead, you’ll hear from peers about their successes and challenges. As a Forum participant, you won’t just listen to definitions of diversity, you will also develop tools to bring back to the office, learn from best practices and have the opportunity to be challenged to think in a new way.

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Student Life

Did You Know?

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Student Life Update
Thank you to Tony Wang and Anvar Nigma for their wonderful photos. Photos featured in this issue include the holiday party at the Chambers, and Thanksgiving at Nick Sweere’s.
New restaurant discount for students! Check out the Lunch Cube next to the Dancing Ganesha. $5 buys you a deli sandwich and can of soda when you show your student id.
Wondering what’s going on? To find out access the UST Calendar. Your clubs will send invites through Outlook. Social activities will be delivered via Evite. Please RSVP to these requests. Every Monday 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 refrigerator is cleaned and emptied every Thursday starting at 1 pm. All perishable food items will be discarded.
Discounts
Erbert and Gerbert’s, Quiznos, 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. Quiznos, 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