The Reaching Out LGBT MBA Fellowship

I am excited to announce that MIT Sloan is a partner in the new Reaching Out LGBT MBA Fellowship. In addition to a minimum $10,000 scholarship, recipients will take part in Reaching Out events, mentoring, and leadership opportunities. MIT Sloan is proud to be involved in this opportunity for our LGBT students.LGBTPhoto

MIT is committed to fostering a diverse, supportive, and collaborative environment. One of our students wrote about life at MIT Sloan as an LGBT student, describing how “Sloanies I barely knew wrote to me ‘coming out’ as allies” when she shared her story during a class. The co-presidents of the MIT Sloan LGBT Club also wrote a post detailing the support offered by the LGBT community here, from social gatherings to recruiting events. Students can also tap into a vibrant LGBT presence in Cambridge and Boston. Please feel free to contact the club if you have any questions or are visiting campus. You can also register for our LGBT Ambassadors Day on April 30th, 2015, which is a great way to connect with our community. We look forward to welcoming you on campus!

 

MIT Sloan Alumni Live Out Mission to Improve the World

I often hear from our students that though their time at MIT Sloan goes by quickly, they make long-lasting friendships and connections. Our alumni remain a key part of our MIT Sloan community after they graduate, and join an active network of more than 23,500 MIT Sloan alumni, and over 128,000 MIT alumni worldwide. Our alumni become principled industry leaders, living out the MIT Sloan mission and improving the world.

Our alumnus Javier Lozano, MBA ’10 and winner of the MIT Legatum Fellowship (among other awards) is an example of the scope and strength of our alumni network. Lozano is combatting the leading cause of death in Mexico: diabetes. He founded a network of for-profit, sustainable ‘Sugar Clinics’, which provide specialized and affordable healthcare to communities in need. The company continues to expand throughout Mexico, transforming medical care in its wake.

Lozano 2[7] copy

To learn more about our MIT Sloan alumni, and their work to make the world a better place, please visit our alumni blog and homepage.

Breaking the Mold: The Women of MIT Sloan

On October 27th, Our Admissions Office cohosted Women’s Ambassador Day with the Sloan Women in Management (SWIM) Club as part of their Breaking the Mold Initiative. The initiative was launched by SWIM to discuss the challenges and opportunities for women in business. One of our student bloggers attended several of the Breaking the Mold events on campus. As she explains, these events are “about uncovering implicit biases. I’ll describe it in one word: amazing. No, illuminating.” Read about the rest of her experiences here.

20141027-_MG_0068 copyWomen’s Ambassador Day and the Breaking the Mold Initiative reflect MIT Sloan’s commitment to and engagement with our female students, whose experiences and perspectives strengthen our diverse community. For those who are interested in Breaking the Mold, please consider attending the flagship conference in February. And if you’d like to learn more about our culture and community at MIT Sloan, I hope you will come visit us!

-Dawna Levenson, Director of Admissions, MIT Sloan

 

Are you an applicant with a significant other?

Choosing an MBA Program is a joint decision, one that impacts both you and your other half. In today’s blog post, I want to let you know about the inclusive community for Significant Others (SOs)—here at MIT Sloan.

SOs are an integral part of our community, whether they’re full-time professionals, students, or stay-at-home parents. The Significant Others of Sloan SOS club hosts a wide variety of daytime and evening social events, from museum trips to wine tastings. The MIT Sloan Parents Club provides an immediate network for moms and dads and children in the MIT Sloan community. Additionally, the MIT-wide Spouses and Partners group hosts everything from career development programs to English-speaking practice sessions.

In Admissions, we love having the chance to get to know the partners of our students. One SO our team got to know very well, Estela Fernandez whose husband is a 2014 alum, volunteered with our Ambassadors Program. We still keep in touch with Estela, and she recently wrote to us about her two years at MIT Sloan. Here is an excerpt from her post.

Today, I can say that I made lifetime friends thanks to MIT. MIT Sloan not only cares about their students, they also know how important SOs are and that’s why they dedicate effort and resources for them. For me, the MBA wasn’t about looking at my husband reading textbooks or studying for exams, it was about learning about people from all over the world and their cultures, beliefs, and customs.

Enjoy everything that this great experience can offer. It goes by really fast.Estella copy

 

You can find the rest of her post here online.

Please email us if you or your partner have any questions about life at MIT Sloan.

-Dawna Levenson, Director of Admissions, MIT Sloan

A Generation of Women Sloanies

This past June I attended my 30th Sloan Reunion where I sat next to Deborah Meyer at a women’s networking event.  Deborah mentioned to me that her daughter Lillian is a current LGO student. As far as I know, there is only one other mother/daughter pair who have matriculated in our MBA program.  I found their story fascinating and want to share their journey:

Deborah Meyer SM '79, and Lillian Meyer, LGO '16
Deborah Meyer SM ’79, and Lillian Meyer, LGO ’16

Deborah Meyer graduated from Georgetown University’s School of Foreign Service in 1976 and worked in economic consulting for a year.  In the spring of 1977 she made the decision to go to MIT Sloan instead of entering the Foreign Service. After graduating with an SM in Management in 1979, she worked at General Motors in Michigan on the manufacturing side and later transferred to New York City to work with their pension fund unit.  Today she is Executive Director, Investment Strategy and Fixed Income at GMIMCo.  Deborah credits her MIT Sloan education in helping advance her career:

The MIT Sloan degree is well regarded.  I feel that my classes in finance were well in advance of financial practice.  Robert Merton taught introductory financial theory; Stewart Myers taught corporate finance.  Above all, my MIT training has helped me think in analytical and quantitative terms.

Deborah’s daughter Lillian graduated from Rice University in 2012 with a B.S. in Civil Engineering and worked for two years as a geotechnical engineer. When she started considering graduate schools, Deborah encouraged her to apply to MIT Sloan for the close-knit community and a first rate education which would mesh well with her background. When she heard about MIT Sloan’s LGO Program that combines a Master’s in Engineering with an MBA, she thought it was a perfect fit: “Together the degrees would provide more career opportunities than each degree individually.”

Lillian visited MIT Sloan for LGO interview fest and the existing students impressed her as “smart, genuine, and funny”. She reports:

When I visited MIT Sloan as a prospective student, students and faculty always commented on the collaborative spirit. The way I have experienced the collaborative spirit has surprised me.   It’s not just students working together to solve a problem set, but building and feeding off of each other’s ideas.  This energy has definitely led to some interesting discussions, and I’m sure it will lead to fascinating business ventures.

Learn more about the LGO Program.

MIT Sloan and HKS Dual Degree

MBA ’15 student Caroline Mauldin is an inspiring social entrepreneur and the co-founder of Love Grain. She spokeCaroline Mauldin with us about her participation in the MIT Sloan MBA and Harvard Kennedy School (HKS) three-year dual-degree program:

An MBA is really about building a skill set, and being at HKS gives you an opportunity to go in depth and create impact in the world. As a Master in Public Administration (MPA) candidate at HKS, I have the flexibility to take electives of interest and to work on my social enterprise. I felt that MIT Sloan and HKS were great compliments to one another.  To have the opportunity to study at both schools and the resources behind you is incredible.

Learn more about Love Grain and how Caroline and her co-founder are empowering farmers in developing countries.

 

Taking Risks and Avalanche Safety

This past year, 9.5% of our MIT Sloan MBA students went on to start their own company, while many others also joined a start-up. Brint Markle, one of these MBA ’14 graduates, has an incredible entrepreneurship story that I would like to share. MIT Sloan Admissions Advisor Harriet Barnett sat down with Brint to find out how he helped develop the avalanche safety-product AvaTech.

Tell me about your background and why you wanted an MBA at MIT Sloan?

I was working on a team with great consultants, but I felt I was on the sidelines and wanted to get closer to an entrepreneurial environment to see whether this was a potential career path for me. Business school was the avenue to help me push the reset button. I applied to many schools, but MIT Sloan was my top choice. I knew how strong the entrepreneurial ecosystem was and I perceived there was a tight-knit student community. I didn’t want to go to a larger school and get caught in the mix. MIT Sloan was close to perfect.

What kind of support did you and other entrepreneurial-minded students receive?

The support at MIT Sloan is absolutely unbelievable. I came in with a vague idea of doing something in the outdoor sports industry. Within the first two weeks this morphed into AvaTech, an intelligent avalanche probe that gathers rapid, objective and sharable information about the snowpack, helping snow professionals and other backcountry experts make more informed decisions in avalanche terrain. Today, backcountry travelers dig a six-foot hole in the snow to get a single data point about the snowpack. Our device really complements these and helps users gather more information quickly and objectively across a lot of terrain. Everyone was bringing exciting technology to the table. The Trust Center was integral to our development, especially Bill Aulet , Christina Chase, and Kyle Judah who have given me wonderful advice. The Venture Mentoring Service provided people who are leading CEO’s of successful companies and 20 – 30 years older than students, who I now speak with on a weekly basis. I really feel a part of the entrepreneurial community at MIT, which goes beyond MIT Sloan.

Will you be working on your company after graduation? Brint Markle, MBA '14

Yes, my co-founders and I have raised funding and are moving to the West Coast this summer. We are in the process of setting up manufacturing and preparing for our commercial release this fall. As someone who grew up as a backcountry skier and who had a friend who was partially buried in a snowpack in Europe, it’s exciting to know that we have the potential to help save lives by making a safer backcountry.

What advice do you have for incoming Sloanies?

Be open to a whole new world of possibilities. What you think is your vision can change dramatically. I recommend having a strong idea of who you are and something you care about, so you have a sense of how you are going to weave a set of experiences as you move forward. Simultaneously, though, take risks. It’s a very safe space to try new things and even if you fail, you learn a lot when you are willing to do this.

What words come to mind when describing MIT Sloan?

Innovative, exciting, collaborative. For instance, my South American classmates were so willing to help me that they connected me to heads of ski resorts in Chile where we did testing last year. This network will be invaluable for a lifetime.

Can you summarize your MBA experience for us?

Coming to MIT Sloan was the best decision I ever made. It helped me find my passion and pursue something that I find personally fulfilling that also will have an impact on the world. I leave wishing that I had two more years here.

Enterprise Management Track

When the Admissions Team evaluates incoming MBA applicants, we are looking for students who demonstrate a combination of positive behavioral attributes; one of these is the ability to find creative and effective solutions to conventional problems.

The Enterprise Management track is designed to enhance this problem-solving skill by providing students with a comprehensive mindset for facing challenges in today’s business world. The EM track also allows students to put their ideas into practice through a variety of activities and projects, such as the four-day Hackathon where student teams compete to research, develop, and present a unique business solution to a panel of judges.

EM Track Awards Dinner 2014

 

The EM track prepares students for career paths in large organizations in both the for-profit and nonprofit sectors. Kenneth Young, MBA ’14, describes how the EM track led him to an opportunity for a full-time position at Nike:

To me, Enterprise Management is all about access. Access to new functions, access to new companies, and access to new ways of thinking. I was able to switch both my professional industry and function, and I owe that to the EM track. The EM track introduced me to Nike, which led me to a summer internship and now a full time position at the company. Nike was not on my radar prior to school, which really demonstrates the transformation that Action Learning can have on students during their MBA experience.

Congratulations to the class of 2014 EM Track graduates!

Achievement Fellowships Awarded

Last week, we recognized outstanding students for their contributions and leadership in the MIT Sloan community with our merit-based Achievement Awards.  These awards include: the Seley Scholarship, the Henry B. DuPont III Scholarship, the Henry Ford II Scholarship, the Miriam Sherburne Scholarship, the Martin Trust Community Fellowships, and the Petersen Award. In addition, the Siebel Foundation and the McGowan Fellowship program grant two additional awards.

Candidates are nominated by members of the community and undergo an interview selection process.  This year we had a very impressive group of students who contributed significantly to our community through their club leadership or with specific departments on campus, such as Admissions or the Student Life Office.

Hear Natalie Hooper, one of our Seley Scholarship winners, talk about why the MIT Sloan community is the right fit for her.

Ask Me Anything Series

The MIT Sloan environment is amazingly open and our students are eager to share their personal stories and experiences.  Our new community event Ask Me Anything series provides first-hand, personal perspectives on diversity issues. Students, faculty members, and staff attend these events to better understand these issues and to learn how they can be better allies and leaders, both within the MIT community and beyond.

This week’s powerful Ask Me Anything speaker was MBA ’15 student Liat Kaver, who has lived with hearing loss since she was 1 year old. Liat described some of the technological advances in hearing aids that are available today. She wears an electronic implant that provides functional (but not perfect) hearing, and jokingly calls herself a “bionic woman”. While the implant has improved Liat’s hearing, she proudly stated “I try not to take advantage of these accommodations. . . I want to show people that I can do it.” I was inspired by her honesty and courage!

Previous sessions of Ask Me Anything have covered topics related to the U.S. Military and the LGBT community. Catherine Gamon, Director of Student Life at MIT Sloan, told me:

I’ve been thrilled to have the chance to support the Ask Me Anything speaker series this year.  These sessions are terrific at putting a personal face to diversity issues and fostering open and honest dialogue. Events such as this powerfully demonstrate our MIT Sloan student community’s spirit of collaboration, contribution, and caring.”

Fascinating events like the Ask Me Anything series are a few examples of why MIT Sloan is such a special place.