Tag: Full-time MBA

Ja Song

Tricia Hendricks wrote this article originally for the Spirit of WashU.

An accomplished business professor and academic leader, Ja Song, MBA ’62, DBA ’67, left an indelible mark on higher education in his native Korea. As the 12th president of South Korea’s prestigious Yonsei University from 1992 to 1996, he effected lasting change. During his tenure, he transformed the admissions process, initiated interdisciplinary collaboration, and spearheaded the school’s first fundraising efforts, securing 100 billion won—the equivalent of about $82.3 million today. Soon after, other universities across South Korea began to follow Yonsei’s lead in these arenas.

“For Dad, it all started at WashU,” says Mr. Song’s youngest daughter, Jean Song, who lives in Honolulu. “His experience as a student there opened up his eyes to the world and the possibilities of education and set the stage for what he achieved later in life.”

Soon after Mr. Song’s death in 2019, his wife, Soonhi Song, along with her daughters, Grace Song Park and Jean Song, recognized the pivotal role Washington University played in his life by pledging $1 million to establish an endowed fellowship in his name through the Hongmosoomin Foundation. The Song Ja Fellowship in the university’s McDonnell International Scholars Academy will enable alumni of Yonsei and other South Korean universities to pursue graduate studies at WashU while preparing for global leadership.

“The purpose of this fellowship is to nurture future leaders,” says Dr. Park, a physician in Santa Barbara, California. “It will help promising individuals attend WashU and then leverage all that they’ve learned and experienced to serve the greater good, which is exactly what my dad did.”

Mr. Song and dozens of other South Korean business students and professors came to study at Washington University as a result of the Korea Project, a six-year collaboration involving the Olin Business School, Yonsei University, and Korea University. Tapped by the U.S. government, Olin helped rehabilitate and modernize business education programs in South Korea in an effort to boost the country’s languishing economy in the aftermath of the Korean War.

Mr. Song, who grew up in the impoverished Korean countryside, earned his MBA and doctorate in business administration at WashU. 

Read the full story here.

Various Olin students contributed to this post.

Earlier this summer, we shared the stories of six MBA ’22 students and how their Olin education set up them up for success. Today, we’re back with three MBA ’22 students and one BSBA ’22 student. Whether they’re working in marketing, finance or logistics, the foundational skills they learned at Olin have prepared them for the job ahead.

How did your Olin education prepare you for your internship?

“At Schnucks, I work with the Communications team. Our team has a hand in every single department and the dissemination of information both internally and externally. Coming from a background in journalism, Olin offers me many brand-new learning opportunities. Within my internship, I’m enjoying building on the solid foundation of the FTMBA program. Having the first-year core classes at Olin has prepared me to communicate and strategize more effectively with departments such as Accounting, Finance, Merchandising and Operations at Schnucks and become a more well-rounded businesswoman.”

-Lucy Reis, MBA ’22, communications intern at Schnuck Markets

“I use Olin’s’ value-based and data-driven approaches every day of my internship. At Amazon I’m encouraged to dig deep into data sets to gather insights and invent new creative solutions to solve customers’ problems. Olin’s education prepared me for my internship at Amazon by teaching me qualitative and quantitative analysis frameworks that allow me to deconstruct and analyze business problems in an organized manner. In my current role, I’m using the managerial insights I mainly learned in my operations and strategy courses. [They] allow me to complete my work and to communicate effectively with high-ranking, experienced technical and nontechnical professionals with over 20 years of experience that are even outside of my own area of expertise.”

-Antonio Rivera-Martínez, MBA ’22, senior manager program intern at Amazon

How/what are you taking what you learned at Olin and applying it to your current role?

“The most valuable thing I have applied from my time at Olin to my current role is communication and teamwork. Olin’s curriculum emphasizes team projects, which simulate real work environments that cultivate problem solving and concise communication. Throughout my time at Olin, I’ve had the opportunity to work with different teams, either in extracurriculars or classes. I come out of each team project learning more about working with different people with diverse backgrounds to achieve the best outcome.”

-Daphne Liu, BSBA ’22, business analyst intern at McKinsey & Company

“Building a competitive and marketing strategy with a unique value proposition for a product, building relationships with different stakeholders, and understanding customer problems first and then providing them a solution are some of the things which I learned and apply in my current role.”

-Vaibhav Dabas, MBA ’22, product manager intern at VMWare

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Various MBA ’22 students contributed to this post.

While summer is usually the time to unwind and relax, many of Olin’s MBA ’22 students finished final exams and jumped straight into internships. No matter where they are working, their Olin education has provided confidence from the first day.

How did your Olin education prepare you for your internship?

“Every aspect of the full-time MBA has been designed to nurture its students into well-rounded business leaders with a global perspective. Beyond the coursework, Olin’s FTMBA through various experiential learning opportunities, core-team engagements and other similar activities prepared me for a global, multifaceted organization like Microsoft.”

Oluwakemi (Deborah) Adene, MBA ’22, partner development manager at Microsoft

“Olin has given me not only the tools but the mindset to prepare for my internship. Although having a comprehensive approach to the core business pillars is fundamental, I consider that the program’s global scope and being part of a cross-cultural community have allowed me to adapt to a global company like Mastercard. From the first moment you interact with faculty, professors and students, you start analyzing things from different perspectives thanks to the variety of backgrounds you find at the program.”

Julian Hernandez, MBA ’22, summer management associate at MasterCard

“The values-based, data-driven ethos at Olin was really instrumental to securing my internship at Amgen. I applied a quantitative lens to my application and interview preparation process, from demonstrating impact on my CV to being clear and candid in telling my stories during the interview process. Moreover, I developed a holistic, collaborative and cross-functional mindset to solving problems and this is essential to what I am doing at Amgen.”

Prince Boateng, MBA ’22, commercial leadership program MBA intern at Amgen

How/what are you taking what you learned at Olin and applying it to your current role?

“I’m taking elements from many different valuable courses and using them in my day to day. Professor Carnahan’s strategy class gave me a framework to do competitive analysis, Professor Wall’s creating and marketing innovative products class taught me so much about product management and how to index on customer experience and Professor Elfenbein’s diversity and inclusion class made feel more confident in managing from a people-centered perspective.”

Kate Hogan, MBA ’22, product management intern at IBM

“The power of asking yourself ‘why?’ three times to get to the root of a problem. No matter what question I try to answer, this way of thinking ultimately leads me in the right direction to find the solution.”

Tova Feinberg, MBA ’22, MBA marketing summer intern at PepsiCo

“Professor Ryan’s Competitive Industry Analysis class, Professor Fields’ accounting classes, and Professor Sydney’s Advanced Market Analysis class are three key classes currently helping in my role. The frameworks taught in the classes and the case study discussions have helped shape my thought process to better solve problems in the CPG space.”

Shaurya Ahuja, MBA ’22, associate brand management intern at General Mills

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Established by former Olin professor Cliff Holekamp, the Holekamp Seed Fund provides $1,000 in funding to student entrepreneurs. The award helps students kickstart their business ventures without financial obligation.

Fund directors—Holekamp, Elise Miller Hoffman, BA ’11 and MBA ’16, and Doug Villard, Olin’s academic director for entrepreneurship—select deserving students. Applicants are accepted on a rolling basis until the funds run out.

This year’s awardees

Lloyd Yates, MBA ’22, founded Tylmen, a direct-to-consumer line of accessories includes ties, belts, scarves and even face masks that double as pocket squares.

Greenlight, co-founded by Evan O’Connor, BSBA ’20, is an online shopping extension that grades sustainability of brands and offers alternatives.

Arron Zheng, BSBA ‘22, co-founded EDUrain. EDUrain is an app that simplifies college financials by bringing the Free Application for Federal Student Aid (FAFSA), scholarships and housing fees together in one place.

Made by BLU creates gourmet nut butters using natural, high-quality and traditional ingredients in the base product then adding exciting mix-ins. It was created by Fiona Blumin, BSBA ’21.

Elijah Olasunkanmi, BS ‘22, is the operating officer at Innovative Apollo Media. The service, RaiseMeFunds, is similar to GoFundMe, but is accessible to people in West African countries.

FreeEats, founded by Trey Rudolph, BSBA ‘23, seeks to reduce food waste. The mobile app provides information on leftover free food produced on college campuses.

Founded by Laife Fulk, MBA ‘21, Sherpa combines data and technology to guide event staff with real-time information.

Lumière is a streaming platform designed for short films aimed to revolutionize the way that short films are consumed worldwide. Trey Checkett, BSBA ‘22, is the founder.

Amanda Foley, MBA ’21, and Tom Dart, MBA ‘21 are co-founders of DRIPTEK. DRIPTEK automatically lubricates wires for cranes and elevators significantly reducing downtime.

Applications for the fund are open to current Washington University juniors, seniors and graduate students. Students must be US citizens or permanent residents. You must have at least 25 percent ownership of your startup venture. To apply, visit the Holekamp Seed Fund website

In March, Chinese students gathered in Beijing and Shanghai for two weeklong residency programs. Because of the COVID-19 pandemic, the residencies were the first time many of the students met in person.

Members of the Weston Career Center team in both the US and China designed the programs, and undergraduate, MBA and specialized masters students attended.

Each day’s activities centered on one of Olin’s pillars of excellence: values-based, data-driven decision making; global experiences; entrepreneurial spirit; and experiential learning. The week culminated with an experiential learning project to solve a real-world business problem for the athletic footwear company New Balance.

Throughout the week, students interacted with classmates, engaged with alumni, listened to industry leaders and met with their career coaches.

The human connection

The opportunity to meet her peers face to face stood out to Ruxin (Andrea) Zeng, MSBA ’22. She’d met her cohort through Zoom, but the residency gave her opportunities to interact with her peers in a casual environment.

Learning from industry leaders

Wenxin (Hugo) Xue, MSCA ’22, enjoyed the opportunity to listen to industry leaders. As a business analytics student, he was excited to learn more about the future of big data and how it could affect his career.

Endless opportunities in business

Similarly, Yang Shen, MSBA ’22, found it helpful to learn more about different opportunities in business, whether he networked with employers or listened to various distinguished alumni.

The WCC team planned excursions for students to enjoy during breaks from their coursework. The Beijing students took a day trip to the Great Wall of China, while the Shanghai students took a night cruise down the Huangpu River.