Tag: Professional MBA



Last month, the Impact Investing Symposium returned to Olin. In it’s second year, the Symposium brought together professionals in finance, foundations, social justice, and government to discuss the potential for impact investing in St. Louis. What a turnout: 180 attendees across industries and experience of impact investing.

The afternoon began with a keynote interview with Nicole Hudson, exploring the work of the Ferguson Commission and what types of projects are ripe for investment in St. Louis. The Ferguson Commission was crucial in advancing a community understanding, response, action plan and forward steps after the shooting of Michael Brown in North St. Louis. Like all community action, the initiative needed tangible measures for impact as well as buy-in from an entire community, across backgrounds and city/county lines.

The necessity for common language and common ground is paramount for impact investing: we need voices of the under-served, perspectives of the financiers, and mediators who can find the common goals. That’s what makes the Impact Investing Symposium unique. It’s a rarity to get folks of these industries in the same room, having a conversation, exchanging dialogue, looking forward.

This year’s panel expanded on a discussion of last year: why impact investing is imminent. Mike Eggleston shared community survey results from the Federal Reserve Bank of St. Louis while David Desai-Ramirez articulated ways for individuals and institutions to take direct action in impact investing: speak with a conduit social enterprise like IFF or Justine PETERSEN. Symposium veteran Tim Coffin shared the traditional finance mechanisms in place for investing with impact and Heather Cameron contributed macro level understandings of community impact. Jake Barnett, mediator, delivered a final parting challenge: “integrity is the proximity of one’s values to their actions.”

The conversation on changing mindsets and redefining “return” will continue – but the Symposium is ready for it’s next iteration: what are actionable steps? How can Olin be at the forefront of impact investing? Where should St. Louis focus it’s resources, intellect, and innovation?

We left the Symposium with the following directive: what projects can we support as individuals, investors, and community members? Have ideas? Be in touch – we’re ready to move forward: impactinvest@wustl.edu.

The Impact Investing Symposium was founded, organized and implemented by socially-minded Olin MBA students. We intend to keep this mission alive at Olin: bridging finance and social impact. To support this initiative or make further inquiry regarding potential future sponsorship, please contact impactinvest@wustl.edu. This event was sponsored by U.S. Bancorp Community Development Corporation and hosted by Net Impact, the Weston Career Center, and Olin Business School.




Olin’s full-time and part-time MBA programs remain among the top business schools nationwide in the U.S. News & World Report 2018 Best Graduate School Rankings released March 14, 2017. The full-time program remains at #21 for the second consecutive year, and the part-time program tied with Georgia Tech and the University of Maryland for the #30 spot.

“In terms of job placement rate, Olin continues to rank among the top five full-time programs in the country,” said Joe Fox, associate dean for graduate programs at Olin. “We’re very proud of the quality of students we attract to our programs and the success they have upon graduation.”

Full-time methodology

The 471 master’s programs in business administration accredited by the Association to Advance Collegiate Schools of Business were surveyed; 377 responded, with 131 MBA programs providing the data needed to calculate rankings based on a weighted average of eight indicators:

  • Peer assessment survey
  • Mean GMAT score
  • Recruiter assessment survey
  • Employment rates 3 months after graduation
  • Mean starting salary and bonus
  • Mean undergraduate GPA
  • Employment rates at graduation
  • Acceptance rate

Part-time methodology

U.S. News part-time MBA ranking is based on five factors:

  • Average peer assessment score (survey of business school deans)
  • Average GMAT score and GRE scores of students entering in the fall of 2016
  • Average undergraduate GPA
  • Average number of years of work experience
  • Percentage of the fall 2016 total MBA program enrollment that is in the part-time MBA program

The complete 2018 Best Graduate Schools rankings methodologies are accessible at https://www.usnews.com/gradmeth

CATEGORY: News



Saidah Anderson, PMBA 40, has been a part of the Olin/United Way Board Fellows program this past year and shares her experience in this blog post:

lessiebates davisThe Olin/United Way Board Fellows program has been one of the most valuable leadership experiences I have had. I chose to partner with the Lessie Bates Davis Neighborhood House over the past year because I really liked their mission, which is to “empower individuals and families to move out of poverty and achieve self-sufficiency.” I am a firm believer that educating the community is the foundation to improving current conditions and aiding a better community.

160425Olin_UWFellow6735

Saidah meets a representative from the Lessie Bates Davis organization at Olin.

As a new resident in the St. Louis area, I was unaware of the poverty conditions across the river in East St. Louis. When I volunteered, I was able to observe firsthand the conditions in which the community lives. It let me know that Lessie Bates is a pillar in the community and is a much needed nonprofit in the area. Much of the community relies on Lessie Bates resources, so it was a great feeling to be able to give back to a community similar to my upbringing and really interact with the families.

As a corporate professional and future leader, I believe I have a responsibility to give back to my community and to be the change I wish to see. The Board Fellowship program has allowed me to have a valuable role in community leadership and has taught me valuable skills about being in leadership that impacts the lives of thousands of people. It has taught me that with power comes great responsibility and it must be used appropriately.

IMG_3046

Saidah and other board fellows present an update on projects.

The Board Fellowship has been, hands down, the best real world experience thus far in business school. No amount of case studies could have prepared me for being in the board room as the Board Fellows Program has. This course was connected to my passion and purpose in life, something I don’t think I could get from any other course.

The Olin/United Way Board Fellows program, students learn about nonprofit
board governance first-hand while growing their professional network. The program lays the foundation for building lifelong passions and becoming a better citizen. Learn more on the Center for Experiential Learning website.

CATEGORY: Student Life



95 students left campus this week heading to nine countries on four continents to engage in active and applied learning projects. CEL Practicum teams will be conducting on-site consulting work with international client partners in Vietnam, Rwanda, Uganda, South Africa, and Ecuador. Domestically, teams are engaged in consulting projects in California, Kansas, and Kentucky.

The Global Management Studies Program has groups of students exploring global businesses and emerging markets in Japan, El Salvador, and Guatemala over this Spring Break. Stay tuned to the Olin Blog and social media for reports and photos from these teams as they immerse in new cultures, business practices, customs, and languages.

Olin’s Center for Experiential Learning (CEL) is committed to creating innovative learning opportunities that result in meaningful impact in the business and nonprofit communities.

Learn more about the CEL and its programs at olin.wustl.edu/CEL.

Here are some photos we’ve received from CEL teams this week:

 




Brian Lunt, (PMBA 2011),  wants to focus on the positive, entrepreneurial spirit that is flourishing in St. Louis.

He left banking to launch a business incubator in north St. Louis County called Medici MediaSpace. He also has a website called Top50STL that highlights positive stories about the region. A column in the St. Louis Post-Dispatch says Lunt sees entrepreneurs as the saviors of St. Louis.

“I think the entrepreneurial undercurrent we have going on right now is the most exciting thing to happen in St. Louis in decades,” Lunt says. “We need to throw some fire on it.”

Link to Tony Messnger’s column

CATEGORY: Career, News