Tag: auction

Submitted to Olin Blog by Leslie Ann Ramey, MBA ’20, vice president of marketing and communications for Olin Women in Business.

On Saturday, February 15, members of the WashU and St. Louis community will come together to celebrate and support future women leaders at the annual Olin Women in Business Auction.

This student-driven fundraising tradition goes back more than a decade as a signature event hosted by Olin Women in Business (OWIB), and it provides a great way for the community to come together in support of a meaningful cause: raising scholarship funds for incoming MBA women. 

When considering the business leader landscape, it’s easy to see why this cause is a significant one: Currently, only 5% of S&P 500 CEOs are women, and research has shown that 40% of these women hold MBAs. For many who hope to cultivate diversity in leadership, supporting women in pursuing their graduate education can be a great first step. 

“Having a scholarship … allowed me to truly consider the best program for me, the best school for me and where I really felt at home,” says Natacha Arora, MBA 2020 and OWIB Scholarship recipient. “Knowing that someone believes in you enough to support you and donate is an incredible feeling.”

This year is particularly exciting for an event that is all about supporting future women in leadership. In November, Forte Foundation—a nonprofit that supports the advancement of women and gender parity in business school—recognized Olin Business School for leading business schools in achieving gender parity with 49% women enrolled. 

Having community support in the form of raising dedicated scholarship funds for women has historically made an impact in helping Olin achieve this level of enrollment by women. An anonymous past scholarship recipient recently shared how OWIB helped shape her experience at Olin and beyond: “I’m so grateful for the OWIB scholarship, and I couldn’t have attended Olin without this financial support. Four years ago I started the MBA program, and it transformed my life. Now two years into a major career pivot, I can see what doors OWIB’s funding opened for me—new abilities in self-confidence, critical inquiry, meaningful relationship-building, and exploration through global travel and learning.”

This year, the fundraiser has already benefited from the generosity of the Olin and greater St. Louis communities, receiving more than 60 donated auction items. OWIB is also welcoming back alumnus and professional auctioneer Curtis James, PMBA 40, for the live auction portion of the evening. Attendees will enjoy bidding on a variety of auction items including group culinary experiences, vacation getaways, wine tastings, and tickets for Blues and Cardinals games.

For those interested in supporting the Olin Women in Business Scholarship, the fundraising campaign will continue through International Women’s Day in March and donations will be accepted online at wustl.advancementform.com/campaign/owib. Together, we can all help women shine brighter as leaders of tomorrow.

Please join the Washington University Olin Women in Business (OWIB)

for our Annual Fundraising Auction

Friday, February 5, 2016

Six to Ten o’clock in the evening

Knight Hall & Bauer Hall

Dress: cocktail attire; formal attire optional

Student tickets available on Campus Groups, $15 discount until Feb. 3

Non-student reservations, click here; $25 at the door (cash & credit accepted)

This year, all proceeds from the auction will be donated to the Olin Women in Business Scholarship for an incoming MBA student.*

OWIB logoOWIB supports women in business by offering career, recruiting, educational, and networking opportunities for women MBAs. 2015 has been a huge year for the Olin Women in Business – we achieved the highest enrollment of female MBAs in Olin’s history. 40% of the first year full-time MBA class is women, up from 28% last year.

The auction presents an opportunity to connect with alumni, faculty, St. Louis business leaders, and MBA students while enjoying the thrilling auction atmosphere.

Guests will enjoy:

  • Open bar (beer and wine) along with a delicious assortment of appetizers including a Gourmet Grilled Cheese Bar and Mediterranean Dip Station
  • Silent Auction, 6-7:45 p.m.
  • Live Auction, 8-9 p.m.
  • Photo souvenirs in front of a special backdrop
  • 50/50 Raffle: CASH ONLY, $5 per ticket or 5 tickets for $20; half of proceeds go to OWIB scholarship – half to winning ticket

Here’s a preview of a few of the top items on the OWIB Auction block:

MozeliakBid on one-of-a-kind experiences!

  • Dinner & Blackjack for 4 with Todd Milbourn
  • Lunch with Cardinals General Manager John Mozeliak
  • Lunch & Sporting Clay Shooting for 4 with Cliff Holekamp
  • A Blues Hockey Game in the Club section for 4 with the Elfenbeins

wine-glass-pic-pa-425608694Feeling thirsty? You and your friends can bid on the following:

  • Beer tastings at Schlafly’s and Earthbound Beer Company
  • 4 Hands, Anheuser-Busch, and Urban Chestnut Beer Baskets
  • Wine Lovers Baskets
  • Wine Class Series for two at Garland Wines

kate-spade-fall-2013-mainWant some Stylish Accessories? Treat yourself by bidding on these:

  • Gold iPad Mini 4 (64GB)
  • Louis Vuitton Purse & Wallet
  • Kate spade items including a clutch, travel mug, stationary, and notebooks
  • Hand-crafted jewelry and statement necklaces

*To make a gift to the Scholarship fund, please click here. Select Olin Business School Scholarships and in the ‘Special Instructions/Comments’ box, please write OWIB Scholarship.

Guest Blogger: Nicole Hoffman, MBA’16, OWIB officer

The 2015 Olin Women in Business Charity Auction in support of The Scholarship Foundation hit a homerun again this year. While many excellent events were auctioned off by faculty members, those of us at Greg Hutchings’ gourmet dinner party are certain we got the best deal.

Guest blogger: Steve Pinkham, MBA’15

Greg Hutchings

Greg Hutchings

Greg is the Assistant Dean and Director of Specialized Masters Programs, but a true member of the whole Olin community. This past Friday February 13th, he welcomed 17 students across the PMBA, MBA, JD/MBA, and Architecture/MBA programs into his home for fine dining, wine pairings, and most of all, a lot of fun.

I was very excited to bid on this event, having lost out in the auction the year prior. In fact, during my candidate visit to Olin two years ago I met with another military veteran escorting me on the program visit who raved about having just taken part in Greg’s famous scholarship dinner. Suffice it to say, the meal and the party lived up to its billing.

In addition to an excellent three course meal with terrific wine pairings, Greg proved a tremendous host showing us the nuanced and unique facets of his home and its layout.  OWIBAuctionDinner02_2015_3With such a wide variety of students in attendance, many of whom are in their final semester and preparing for life after Olin, it was a nice opportunity to get several of us together and connect before the spring semester rolls to an end.

Moreover, it provided many of us a great example of what hosting an intimate dinner should truly look like.  Even though we had 17 student attendees plus our host, the entire experience was familial and, again, quite fun.

For those who are not members of the Olin community, I believe this dinner provides yet another example of a top caliber business school finding a way to make each of its individual students feel welcome and at home. And of course, the funds raised in celebrating the night went to benefit a great cause. Dinner this past Friday will surely be remembered by all in attendance as they begin looking at post-graduation plans, with the only regret being they didn’t bid higher to take part last year too!

A flying trapeze class with Professor Andrew Knight? Wine tasting with Joe Fox and Mark Brostoff. Attend a Blues hockey game with Prof. Dan Elfenbein. A day at the shooting range with Professor Gordinier…these are just a few of the unique experiences that will be on the block at the annual auction for charity sponsored by Olin Women in Business (OWIB).

This year’s fundraiser will benefit The Scholarship Foundation of St. Louis. The event to be held Friday, Jan. 23 from 6:00 p.m. to 9:30 p.m. in Holmes Lounge will feature silent and live auctions with prizes offered by some of the best St. Louis retailers and restaurants.

Cost: $15 in advance, $20 at the door (tickets available on CampusGroups)
Your ticket price includes admittance, appetizers, drinks, and fun activities.

Image: trapeze by Sam Teigen, Flickr Creative Commons

Guest Post by Ryan Rakestraw, MBA Class of 2013:

On Friday February 1, Greg Hutchings, Assistant Dean and Director of Specialized Masters Programs, hosted 11 MBA Students at his home in St. Louis. In addition to being a passionate educator and an experienced financial professional, Greg is also a phenomenal chef.

Greg prepared a slow roasted beef tenderloin, poured several flights of wine, and even provided a homemade citrus cheese cake. By the end of the evening the 12 of us had eaten more than our fill, roughed out plans for several new business ventures, and debated all of the world’s important problems.






What, you might ask, was the cause for such a festive occasion?

On December 7th, the Olin Women in Business (OWIB) held their annual charity auction to raise money and awareness for the Red Cross’ relief efforts for the victims or hurricane Sandy. During this auction, graduate business students bid on a number of different “items” which have a high value for our community. Examples of this year’s “items” up for auction were:

  • Wine Tasting with Joe Fox and Mark Brostoff
  • Bowling with Professor Milbourn
  • Dinner with Greg Hutchings

The night of the auction, my friend and classmate Cory Glass realized that an evening spent with a former investment banker and real estate mogul could prove to be a lucrative transaction. Thus, Cory became intent to win the dinner with Greg.

During the auction, the bidding battle for dinner with Greg was intense, yet somehow the auctioneer (Joe Fox, Director of MBA Programs) was able to maintain order. Ultimately, it was Cory’s steel resolve and icy stare that proved victorious over his opponent’s quant model.

My immediate reaction was to begin ingratiating myself with Cory, which eventually resulted in an invitation to the dinner.

Due to the generosity of Olin graduate students, faculty, and staff, this year’s charity auction netted over $7,000 for the victims of hurricane Sandy.

Additionally, the dinner at Greg’s was one of the best experiences that I have had at Olin.

However, these are only a couple examples of what makes our community great.

Thanks OWIB, Cory, and Greg,
Ryan Rakestraw, MBA Class of 2013