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Diversity of thought, diversity of people should be the fabric of the institution. If we think about what we want in the end, we have to start with the end in mind. If we want to represent ourselves as diverse and inclusive, we need to think about our brand. What does the Olin brand currently say? Despite what we say or believe, does it truly say diversity and inclusion?

Therefore, if we think about the end in mind, we must start today with increasing our number of diverse and underrepresented minority candidates. Simply increasing numbers doesn’t necessarily mean diversity, but when you increase the number of people with diverse talents and backgrounds with the focus on inclusion, that will bring about a change.

I believe we are setting the course for this path by admitting the largest class of Consortium* students in 50 years, pictured above.

A strong applicant pool and Olin’s commitment to diversity and inclusion have paved the way for admitting 18 talented students who bring with them a variety of backgrounds, thoughts, and ideas.

Olin has demonstrated a continued commitment to diversity and inclusion by increasing the number of diverse candidates. While this is a milestone, it is not the end of our journey towards a diverse and inclusive community.

This blog post was contributed by Jacqueline Slack Carter, Graduate Programs Registrar & Student Affairs Advisor.

*The Consortium for Graduate Studies in Management (CGSM) was founded in 1966 by Olin Prof. Sterling. Today, the CGSM is the premier national organization involved in promoting and helping gain access to graduate business education for historically underrepresented minorities. Through business school and corporate partnerships, the Consortium provides scholarships, mentoring, networking, internships, and career placement advice to each class of MBA fellows. 18 world class universities admit nearly 500 CGSM students annually to MBA programs. Since its founding, CGSM schools have graduated more than 8,000 leaders to the benefit of businesses and communities around the world.

CATEGORY: News



The EQ headline really says it all: “Cliff Holekamp: Startup Founder, Educator, Connector, Evangelist.” Holekamp is major force in the St. Louis startup community and here at Olin. He is director of the Entrepreneurship Platform in the MBA program, senior lecturer in entrepreneurship and the pied piper for students across campus who flock to his Hatchery and CELect courses that provide hands-on experience in the business of startups. Holekamp is also an Olin alumnus, MBA’01.

Here’s an excerpt of  an interview with Holekamp by Tanya Yatzeck, an Olin Executive MBA(Class 43) alumna in the latest issue of EQ, Entrepreneurs’ Quarterly:

Talent is actually the most important. Even though I co-founded Cultivation Capital, recognized as the most active venture capital firm in the Midwest, people are actually more important than money because we can’t throw our money at nothing. So, people are number one, and that’s why my work at WashU is so important for the St. Louis community. You have to educate people to be great entrepreneurs, or to be great team members of early stage ventures. We’re lucky to have a diversified educational system at WashU with multiple schools that teach different skills because we need them all. So I’m doing my role on the business side and collaborating with the other schools to help develop the talent that we as a community need and we as a country need to be competitive to build the next generation of economic development.




Lifelong commitment to diversity and inclusion work; stewardship of The Consortium for Graduate Study in Management (CGSM)*; and intense focus and commitment to the cause of The Consortium at the university and corporate level—these traits mark the recipients of the organization’s 2016 service awards, granted at the 50th annual Orientation Program & Career Forum June 7 in St. Louis.

The Consortium awarded the Sterling H. Schoen Achievement Award to Dr. Mahendra Gupta, dean of the Olin Business School at Washington University in St. Louis, who is stepping down from the post at the end of June to return to teaching.

In announcing the honor on June 7, Phil Miller, assistant dean for research programs at the Wisconsin School of Business of the University of Wisconsin, noted that “his students must love him in the classroom; they have awarded him the business school’s highest honor eight times since 2001. He has long been a friend of The Consortium as a faculty member and as dean and we are sorry to see him stepping down from that role.”

The Schoen award is named in honor of The Consortium’s founder and granted “to individuals in recognition of their courageous leadership and commitment in advancing the goal of equal opportunity for underrepresented minorities in American business.”

Aranda, Brown and Gupta receiving their awards at the Schoen Dinner on June 7, 2016.

Aranda, Brown and Gupta receiving their awards at the Schoen Dinner on June 7, 2016.

The Consortium awarded its Peter C. Thorp Leadership Award to Natalie Brown, senior vice president, enterprise campus diversity manager at Bank of America. She has been a steadfast supporter from her position at Bank of America and in her introduction, it was noted that she “actively promotes the company’s commitment to diversity, serving as a member of employee resource groups such as Charlotte LEAD for Women, Black Professionals Group and the Hispanic/Latino Organization for Leadership and Advancement.”

The Thorp award is named for the longest-serving member of The Consortium’s corporate advisory board and is awarded to individuals who, among other things, “shows evidence of generous financial support of MBA fellowships and evidence of leadership as a corporate champion of ethnic diversity.”

Finally, The Consortium awarded the Wallace L. Jones Lifetime Achievement Award to its executive director & CEO, Peter J. Aranda III, who has been associated with The Consortium for 31 years, since he was granted a fellowship to attend Washington University in St. Louis. He served as a volunteer alumnus frequently after receiving his MBA in 1987 and returned as its leader in 2003.

“I was fortunate to have served on the search committee that named him to his present position 13 years ago,” Miller said in his introduction. “When you read the criteria for this award, we quite honestly could not have chosen a more perfectly qualified recipient.”

The Jones award is given “to recognize an alumnus who has excelled or demonstrated commitment in: professional achievement; community involvement; mentoring; advancement of The Consortium’s mission; giving back of time, effort, and/or capital; and encouraging and inspiring future leaders.”

Guest Blogger: Kurt Greenbaum, CGSM Communications Director

*The Consortium for Graduate Studies in Management (CGSM) was founded in 1966 by Olin Prof. Sterling Schoen. Today, the CGSM is the premier national organization involved in promoting and helping gain access to graduate business education for historically underrepresented minorities. Through business school and corporate partnerships, the Consortium provides scholarships, mentoring, networking, internships, and career placement advice to each class of MBA fellows. 18 world class universities admit 400 CGSM students annually to MBA programs. Since its founding, CGSM schools have graduated more than 8,000 leaders to the benefit of businesses and communities around the world.

CATEGORY: News



Sign up today to donate blood Washington University’s campus-wide summer blood drive! The drives will be held on Wednesday, June 29 and Wednesday, July 6, featuring five locations and a variety of times to fit your schedule.  You are still eligible to donate if you have donated at previous WashU drives this year. Your donation has the potential to save 3 lives!

Appointments are strongly encouraged, and they’ll help you get in & out sooner!  To schedule your donation, volunteer, or learn more, please visit www.blooddrive.wustl.edu.  Please remember that the scheduling process has recently changed.  Although you will begin the sign up process on the Gephardt Institute’s website, you will be redirected to either the American Red Cross or Mississippi Valley website to finalize your appointment.

BLOOD DRIVE LOCATIONS AND TIMES:

June 29 – Danforth University Center, Room 276: 9am-3pm
June 29 – West Campus, Room 350: 12pm-4pm
July 6 – Danforth University Center, Room 276: 9am-3pm
July 6 – North Campus, Mobile Clinic, 10am-2pm
July 6 – Olin Gym, Medical School: 12pm-5pm

The life you save could be a friend, a neighbor, a parent, a sibling, or even your own.  All students, staff, and faculty are encouraged to participate.  Regardless of eligibility, everyone can support the blood drive by recruiting a friend or posting on social media! To learn more about ally donation, please visit: gephardtinstitute.wustl.edu/blood-drives/ally-donation/.

Donate. Volunteer. Tell a Friend.

 

CATEGORY: News



If you want to know where the stock market is going, follow the short sellers. That’s the advice from Olin researchers based on their research into the patterns of short sellers and market cycles. The new index they have devised currently predicts that 12 months from now, US stock prices will be higher. Marketwatch columnist Mark Hulbert talks to Olin assistant professor of finance, Matthew Ringgenberg about the short seller index:

The index that he and his co-authors came up with measures the extent to which any given month’s short-selling volume is above or below trend. It’s this index that they found to have a superior track record forecasting the stock market’s returns over the subsequent 12 months.

The index is based on research by Matthew Ringgenberg and Guofu Zhou, professors at Olin Business School and David Rapach, St. Louis University, Cook School of Business. Professor Ringgenberg discusses the research and index in video, click below to watch.

Link to Marketwatch column.