Monday, October 19, 2009

Women In Business Mentorship Program

Lately, I’ve been feeling like business school is exploiting all of my weaknesses, so I wanted to post something that focuses on the positive.

Before I started school, I conducted a 360 degree feedback survey to identify both my strengths and weaknesses. One of the abilities I would have liked to have ranked higher on was Influencing Others. I believe this is a must-have quality for any leader, so the mid-level rating I received for this ability won’t do. I’ve seen myself lose steam advocating my ideas or those of others before, and the fact that others have noticed this too, gives me motivation to change.

I got my first opportunity to improve my persuasion skills as the co-chair of the Babcock Women in Business mentorship program. My co-chair, Vaishali, and I were tasked with four objectives: 1) identify women in the graduate business school who wanted mentors, 2) find mentors to match them with 3) design a mentorship program 4) host two workshops a year on the mentoring process.

When I was told this summer that we needed to find a speaker for our first workshop, I immediately thought of Kathy Korman Frey. She’s a professor at George Washington University’s business school and an expert on female leadership issues. Kathy also founded the Hot Mommas Project, a social enterprise that raises the self-efficacy of women and girls through exposure to role models.

I’ve been following Kathy on Twitter and her blog for several months and was jazzed about bringing her in to speak at Wake Forest. When I found out our budget for the event and her speaking fee, I saw a problem…and an opportunity.The problem was obviously the lack of funds, but I had the opportunity to influence others to supply those needed funds. I thought about the other student organizations that might be interested in utilizing Kathy’s knowledge on entrepreneurship and started chatting them up. Then, I thought about the lack of women in our program and how the admissions office might want to support an event like this that shows our school cares about helping women succeed. Vaishali had also developed a relationship with the Career Management Center and knew mentorship had become a significant priority forDean Steve Reinemund.

Our first attempt at selling this event to CMC was met with a luke warm response. The reason for bringing this particular speaker had to be put into perspective. I presented some research I had written an article about in my job as managing editor of the McCombs School of Business alumni magazine. It showed that women with mentors made less than men with mentors and that women with mentors make more than men without mentors. Now, our CMC partner is using this research in speeches he gives about the dean’s mentorship initiative, and his office is funding the other half of the event, along with the Admissions Office who was all for helping out from the start.

So what did I do to change my influencing abilities? I spent more time considering how the issue would be viewed from the other person’s perspective and sold the idea accordingly. In the past, I focused more on my point of view on why a certain idea was good and not as much on how benefits could be interpreted by others.

I’ll admit that even though school has been getting me down the last few weeks, I can at least look back and see that I’m growing from these experiences. In the last two months, I’ve probably had more opportunities to work on my weaknesses than I had in my four years of work experience. It’s a severe shock to the system, but perhaps if I celebrate these small successes it will give me motivation to keep confronting the mounting workload and overcome the discomfort I feel so often in everyday situations. This is what it takes to get an MBA.

Director's Corner

Greetings students,

At the MA town hall meeting on Wed., Oct. 14, an issue that came up was your current workload and how to handle it. In addition to having a full load of courses, you are also working on finding a job, have Action Learning Projects to complete, and are trying to maintain some balance between school and having a life.

We all recognize how difficult this is and the stress it can create. Throughout the MA program there will be peaks and valleys in your workload and right now you are in one of the peak periods.

While all of these elements of the program are important, there will be times where you have to prioritize what is most important to you and allocate your time accordingly. Developing this skill now will serve you well for the rest of your professional and personal lives.

A couple of other strategies that you might also consider to help cope with the demanding workload include:

  • Seek the advice of some of our second year MBA students. I’m sure they would be happy to share with you the strategies they employed to navigate the set of courses you are currently taking.
  • In the past I have offered a sequence of three to four workshops on time management for the MA students. I would be happy to offer these again if you have an interest.
  • Finally, please let me or Jan know if you feel that you are so overwhelmed that you can’t find the time to take a break or that you are generally not coping well with the workload.

~ Scott Shafer, director of the MA program

Thursday, October 8, 2009

They Said It Would Be Hard


And they were right! From when we first arrived on campus, the second year students told us that October (along with February) is absolutely brutal in terms of workload and the busy factor. They weren't lying. Just this week alone I've had three presentations, a pop quiz, six meetings, a deliverable for econ and many other things. This weekend is my reunion and homecoming, but we also have an accounting final Monday morning. This is a crazy balancing act!

I fully understand what they mean when they say October will test your will. While mine hasn't broken, it is definitely being pushed to the limit. I don't think I've woken up and felt confident about my work for that day. I continue to plug away and try and do the best I can; at the end of the day, that's all you can ask of yourself.

Last Friday I had my first interview for an internship. I had heard about it from our Career Management Center and spoke with several students who did this same internship last summer. For my first interview, I think it went well. It was completely behavioral, as I'm sure most of mine will be. I did get a nice bag of swag, which is always nice! It was also my first attempt at a career fair. It can be daunting, walking up to potential employers and literally throwing yourself in front of them. While a good number of companies were not in my future plans, it was excellent practice.

Things continue to spin dangerously close to the ridiculous line here at Wake Forest Schools of Business. You can see stress levels rising each day when someone has a presentation or interview. It's October, so the first mini is almost over. Can't believe 1/8th of our MBA program has gone by!

Books, Job Hunt and Clubs … So Much To Do!


I have received a lot of questions since my last post. How have the first months been? What am I doing in terms of an internship hunt? Have I had my share of fun? Have I joined any clubs and do I have the time to participate in these activities?
These are all very good questions that will help you understand how I have gotten acclimated to Wake Forest University’s Schools of Business. As you might remember, I moved to North Carolina from India in August to prepare for my full-time MBA program.

Tighten your seat belts and get ready … I am going to answer each question right away.

How’s it going?
As I have said before, it is very hectic these days. I didnot realize how quickly these eight weeks went by. On weekdays, it’s all about pre-class reading, home work and some extra preparation for unannounced quizzes. Honestly, there haven’t been many days when I have actually finished all the given readings, assignments or in general felt confident for the next day’s classes. Weekends usually end by mid-Saturday because there’s always some class work or team deliverable requiring special attention. Between, I could not even realize that the first mini-semester is almost 80% done. The first set of main exams will start on Monday.
Overall, I am enjoying my stay and am thrilled to be in such a competitive yet learning atmosphere.
What am I doing in terms of my internship hunt?
Every day I try to keep myself well prepared for the next day’s classes. The internship hunt has also started in full swing so I am working along with a very helpful career management center (CMC) at school to identify industries, companies and areas of interest. I’ve already had my resume and cover letter critiqued from a highly experienced CMC team, and I have applied to a few companies. On a positive note: I hope to get some interview calls pretty soon.
Have I had my share of fun?
Oh sure I have! I’ve already been to a couple of football games, and the tailgates are so much fun. I’ve started playing ping-pong in school – yes Wake has tables - and I never realized that I could learn it so fast. It’s always fun to have a few close and competitive games sneaked in between the classes. It’s a great way to relieve tension!
Have I joined any clubs and do I get time to participate in these activities?
Oh yes I’ve. I am an officer in the International Students’ Association (ISA) and Entrepreneurship Club. I also joined the Finance club and Project Nicaragua. I’ve already been a part of couple of key ISA activities, and there are some activities coming up for entrepreneurship club, I am looking forward to the investment banking week by Finance Club and the next chapter of project Nicaragua has goten in full swing too. (Please feel free to click on the links to learn more about these clubs.)
Hope to write pretty soon.
~Rahul Goyal, full-time MBA candidate, class of 2011

Tuesday, October 6, 2009

Wake Forest Recognized for Helping Vets

BusinessWeek recently published an article looking at how some universities are working to provide educational opportunities for veterans, and Wake Forest University’s Schools of Business was recognized for being on the forefront.

The article by Alison Damast points out that that Wake Forest has spent the last 19 years actively looking at ways to draw more applicants with a military service. The university for instance was one of the first schools to sign up for the Graduate Management Admissions Council’s Operation MBA program in 2005. To qualify, schools must offer scholarships and deferment flexibility.

Stacy Poindexter Owen (right), the director of graduate admissions, described efforts to recruit qualified military applicants, including the Yellow Ribbon program where $6,000 in tuition reimbursement is bolstered by a government match, a "no brainer" for the university. "We have always been happy with military candidates," she told the publication.

“The recruiters like our students, so we said, 'Absolutely we will sign on,'" she added. (Wake Forest also has a former lieutenant colonel on the admissions staff to develop recruiting programs.)

I personally know several classmates in the Evening MBA Program who have served in the military, and at least one who is benefiting from the government’s tuition programs. The BusinessWeek article also quoted Andre Toman (left), a former Air Force pilot and a full-time student I met at orientation who is considering consulting once he completes his two-year program.

"I was planning on going to business school before I heard about the Yellow Ribbon program, but it just made that decision much easier,” he told BusinessWeek. “For me, it was one of those things that sweetened the deal."

Monday, October 5, 2009

Wake Forest Recognized in BusinessWeek

Wake Forest University's Schools of Business was

Director's Corner: Admissions and Career Services


I hope that everybody is settling into the year and that your experiences, both academic and extracurricular, are having a positive impact on you. I am thankful to the SGA for offering me this opportunity to update you from time to time on all of the exciting things going on in the Full-Time MBA program.
Today, I’d like to talk about two areas, the bookends if you will, of our program: Admissions and Career Services. There are some very exciting things going on in the Admissions Office this year. As the recruiting season gears up, our admissions officers have been on the road, visiting with prospective students from all over the country. Wonderful stories are coming in about the interesting students who’ve approached the Wake Forest table at recruiting events. The applications are already beginning to roll in and I can’t wait to see how the Class of 2012 shapes up.
You might be interested in a couple of new ways we can attract great students to our program: First, we now have a Health Concentration to offer. Both alumni and prospective students seem to be reacting very favorably to this development. Also, like the university, we are attempting to attract a wider base of talent. We have made the decision to begin accepting the GRE as an alternative to the GMAT. To be sure, we will hold students submitting the GRE to the same rigorous standards as we do GMAT-takers, but the GRE will allow us to reach out to a wider audience of individuals who may not have anticipated attending business school, but who have seen the light! Finally, we have changed our interview policy to “invitation only.” Students may sign up for a 15-minute phone counseling session so that an admissions advisor can give them all the critical information they need. While the majority of applicants will be invited to campus (or SKYPE) for an interview, we reserve the right not to interview individuals who clearly do not meet our basic criteria (e.g. insufficient work experience for the FT program).
You might ask, “How can I help?” There are indeed some things you can do. First, I’d like to thank those of you who signed up for the Ambassador Program. You are on the front line when it comes to prospective students visiting campus. In addition to welcoming them and giving them a realistic preview of what a Wake MBA is like, you are their lifeline for questions after they leave campus. All students can be instrumental in helping us identify interesting, talented and intelligent individuals to come to Wake in the fall. The Admissions office is currently in the process of developing a formal referral program and if you send a prospective student who we admit and who enrolls, you will be rewarded! I will discuss the details of this upcoming program in a future column. Meanwhile, don’t hold back. If you send somebody who ultimately enrolls, you will qualify for the reward. Remember to tell prospective students about the new Health Program and our new GRE policy.
At the other end of the spectrum is Career Services. I have been informed that most full-time students are focused and engaged with their career search and I am very happy to hear this! I echo the mantra, “focused, directed and connected.” If you engage in all of the activities and processes the CMC recommends, you will have the skills to not only find a great job or internship now, but in the future as well. The skills they teach you will last a lifetime, just like a good regression or DASeR! I know that there are many career-related activities coming up, including company visits and career panels. I encourage you to attend as many of these as you can. These are wonderful opportunities to explore career opportunities and to network with people who can help you find a job. The CMC has an open door policy so please take advantage of your wonderful counselors, who are there to help you at every stage.
Finally, keep in mind that we are all here to serve you. Student Services is available to students from all programs and can direct you to the resources you need. Soon, I will begin a series of lunchtime feedback sessions where we have two-way conversations about what’s going on and how we can enhance your experience. If you ever have problems of an academic nature, please do not hesitate to contact me. I encourage you to set up an appointment with me using Outlook. Just find an empty spot and put yourself on my calendar!
Sherry Moss ~ Director of Full-time MBA Program and Associate Professor of Organizational Studies