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MESSAGE FROM THE SRC Dear  MBS  students, We  are  excited   to  bring   you   the  first   edi9on   of   The  SouRCe  for   Term  3!  Spring9me  is  a   great   9me   to  be  in   Melbourne  and  Term  3   is  always  a  great  term   at  MBS.  With  a  new  full  9me  intake,  part   9me  intake,   students   returning  from  internships  and  exchange  students  from  around  the  world,  this  is  an  exci9ng  9me  to  be  part  of   the  MBS  community.   We  have  been  busy   working   to  develop   and   implement   changes  which  will   address  some  of   the   concerns   raised   in  last   terms  Student   Survey,   and   achieve   the   best   result   for   the  students.   Please  con9nue  to  send   through  your  concerns  and  ideas  to  the  SRC  as  we  work  towards  improving  your  student  experience. We  hope  you  have  been  enjoying  the  events  that  have  been  held  at   MBS  so  far  (look  out  for  the  photos  from   the   events  through  this  issue).   We  look   forward   to   seeing   you   at   our   next   events,   the  Interna9onal  Food   Fes9val  and  the  Mid  Term  Drinks  which  will  be  held  at  Three  Degrees.   Lastly,  a  big  thank  you  to  Mathew  Keenan  and  John  Leung,  non  SRC  members  of  the  SouRCe  editorial  team  for   their  help  puNng  this  issue  together! Your  SRC

TALK TO THE SOURCE! The  SouRCe  editorial  team  wants  to  hear  your  opinion  in  order  to  make  the  best  use  of  this  communica9on  channel.     If  you  have  ideas  for  future  content,  or  have  any  other  comments  or  sugges9ons  email  us  at SRC@MBS.EDU

MEET YOUR SRC! Andre  Visser   (President)

Was  most  likely  to  become  an   accountant  in  his  high  school   yearbook  and  is  secretly  a  really   great  karaoke  singer  (in  his  eyes,   or  to  his  ear  in  this  case!)

Vanessa  Landry   (Vice  President)

Was  most  likely  to  have  her   name  in  bright  lights  for   saving  the  world  (Peace  Corps,   solving  AIDS  in  Africa  etc).  She   is  an  epic  baker. [2]


MEET YOUR SRC! John  Hunt  

(Student  Experience)

Rosemary  O’Brien

As  a  kid,  he  wanted  to  be  a   veterinarian  and  his  hidden   talent  is  being  able  to  clean  the   house  without  actually  achieving   anything.

(Treasurer  and  Secretary)   Wanted  to  be  Governer  General   when  she  was  younger,  and  her   secret  talent  is  best  leJ  hidden.

Ma:hew  Galt  

Kavita  Brown  

(Careers)

(Events)

Wanted  to  be  a   supermodel  -­‐  as  a  teen   she  used  to  lie  in  bed   stretching  herself  for  as   long  as  she  could.

Was  most  likely  to  become  a   fighter  pilot.  He  skateboards   and  can  cook  like  nobody’s   business.  

Jill  Tang   (Alumni)

Was  most  likely  to  become  a   lawyer  as  she  always  had  too   much  to  say.  Her  secret  talent  is   being  very  ‘housewifey’.

Rajeev  Batra   (Clubs)

Wanted  to  be  a  pilot  when  he   was  a  kid  and  can  cook   excellent  curries.

Victoria  Huang

(CommunicaJons  and  IT)

Nigel  Blackwood

Was  most  likely  to  be  an   architect  and  her  secret  talent  is   being  able  to  bake  the  world’s   best  brownies.

(Community)

Was  most  likely  to  become  a   doctor  and  is  excellent  at   changing  nappies! [3]


FORUM WITH THE DEAN Thank  you  to  all  the  students  who  aPended  Jenny   George’s  forum,  hosted   October  14.  There  was  a  lot   of   valuable  informa9on  covered  in  regards  to   the   school’s   progress   since   the   strategic   review   and   an   update   on   MBS   ac9vi9es.  Please  read  below  for  some  key  points  raised.

KEY POINTS: The  school  has  three  main  study  modes  with  strategies  for  each: 1.      

Accelerated  (FT  MBA):  This  might  change  to  a  smaller,  single  intake  aimed  at  early  career  “high  flyers”  with   5  years  work  experience.  The  school  is  looking  at  a  complete  redesign  of  the  curriculum  to  roll  out  in  the   end  of  2012  (at  the  earliest).

     

The  school  will  be  hos9ng  reference  panels  with  current  students,  employers  and  alumni  to  think  through   ideas.  If  you  are  interested  in  being  a  part  of  these,  please  keep  your  eyes  open  in  Student  News  for  how   to  sign  up!

2.

Professional  (PT  MBA):  The  students  value  flexibility  and  credibility  of  the  program.  MBS  is  currently   reviewing  entry  pathways  for  the  PT  students  in  regards  to  the  PDM  and  GMAT  requirements.

3.    

Execu9ve  (EMBA):  This  is  aimed  at  senior  leaders  with  a  large  value  on  the  networks  made  within  the   program.  EMBA  and  the  endowment  fund  make  up  50%  of  what  MBS  does.

MBS  is  looking  at  a  new  program  that  would  provide  the  following  for  students: ✦  Individual  mentors   ✦  Specific  9melines/schedules   ✦  An  integrated  school  &  business  community

• This  would  bring  more  high  level  business  leaders  into  classes,  more  speakers,  and  bePer  internships  &   employment  opportuni9es ✦  Dis9nc9ve  programs  for  both  Mount  Eliza  and  MBS  to  build  on  their  strengths

Announcements:

Integra9ve  Project  (Consul9ng  Skills)  -­‐  Term  1,  2011:  As  an  introduc9on  to  the  new  curriculum,  a  new  

consul9ng  elec9ve  is  being  piloted  next  term  to  teach  frameworks  and  applica9on  of  them  in  a  real-­‐  life   consul9ng  assignment.  A  small  budget  and  mentor  will  be  provided  for  each  syndicate,  courtesy  of  a  small   consul9ng  firms  support.  More  informa9on  was  made  available  in  the  Student  News,  22  October.

Dean  Recruitment:  Jenny  announced  that  MBS  will  formally  commence  its  recruitment  of  a  new  dean  in  the  

coming  months.  Jenny  was  offered  an  ini9al  18  month  contract  with  the  understanding  that  a  full  search  would   be  conducted  at  a  later  date.  While  she  will  put  forth  her  name  for  formal  considera9on,  she  is  very  pleased  that   the  process  has  begun  and  is  grateful  for  the  opportunity  to  be  considered  for  further  appointment.

[4]


SRC TREASURY REPORT

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THE MBS/NYU STERN SWAPEROO MEET KILEY DELGADO AND GAURAV SADARANGANI. READ ABOUT WHAT THEY HAVE BEEN UP TO IN EACH OTHERS HOMETOWNS

Why   did   you   choose   your   exchange   school   and   the   courses  at  MBS,  my   favourite  is  Brand  Management.  I   city  for  your  exchange  semester? have  always  thought   a  career   in  Brand  Management   would   interest   me,   but   I   did   not   truly   understand   Kiley:  Australia  has  always  been  #1  on  my  list  of  places   what   that  entailed.   I  now  have  a  much  bePer  idea  of   to   travel  to.  I  thought   an  en9re  semester   in   Australia   what  it  means  to  be  a  Brand  Manager.   would  be  the  perfect  opportunity  to  see  the  country.  I   chose  Melbourne  Business  School  specifically  because   G:   Corporate   Finance,   Global   Banking   &   Capital   of  its  great  reputa9on. Markets,   U.S.   Economic   History   and   Business   &   Technology   Innova9on.   U.S  Economic   History   is  one  of   Gaurav:  I’ve  always  wanted  to  live  in  ManhaPan  and   the   most   fascina9ng   and   engaging   subjects.   It   gives   pursue  further   studies  in  Finance  and  jumped  at   the   you   a   fascina9ng   insight   into   the   economic   opportunity   when   it   came  up.   I’ve   got   heaps  of   old   founda9ons  of  this  country  star9ng   at   the  9me  of  the   high  school  mates  and  family  in  New  York  and  around   Civil   War   and   spanning   across  the  Great   Depression   the  U.S.  as  well  which  sealed   right   through   to   the   the  deal  for  me.   dot.com   bubble   and   the   Global   Financial   What   do   you   like   most   C r i s i s .   I ’ m   a   fi r m   about   student   life   in   your   believer   in  looking  into   new  city  and  school  which   the   past   before   we   is   different   from   your   step   into  the  future.   home  city/school? K:   MBS   is   much   smaller   than   Stern   and   therefore   has   a   very   different   vibe.   M y   c l a s s e s   h e r e   a r e   s m a l l e r   a n d   m o r e   personable  and  I  have  goPen  to  know  the  faculty  and   staff   much  more  easily   than  I  would  have  back  in  New   York.   It   has  also  been  much  easier   to  get   to  know   a   large  por9on  of   the   other   students  in   both  the  full-­‐ 9me  and  part-­‐9me  programs.

Study   aside,   what   are   you   doing   for   fun   while  you’re  here?

K:   I  have   spent   quite  a   bit  of  9me  bonding  with   my  fellow  exchange  students.  We  have  weekly  Sunday   Night   Dinners  and   have  been   exploring   the  city   and   surrounding   areas  together.  I  also  ran  the  Coffee   Talk   10K   as  part   of   the  Melbourne  Marathon  Fes9val  and   visited  the  Great  Ocean  Road,   Philip’s  Island,  and  the   G:   As   a   part   9me   student   at   MBS,   the   exchange   Yarra  Valley   Vineyards.   I  am  determined  to   squeeze  in   programme   has   given   me   the   opportunity   to   a  surf  lesson  before  I  leave  as  well! experience   life   as   a   full   9me   student   again.   The   G:   Biking   and  walking   on  the  streets   of  NY   (without   campus  is  in  the  heart   of   Greenwich  Village  which  has   geNng   run  over),  Beer  Blasts  every  Thursday  night  @   some   of   the   best   restaurants   and   bars   around   the   Stern,   Museums,   Baseball,   Basketball,   Ice   Hockey,   block.   I  love  the  student  life  here.   It’s  full  of  life  and   Picnics,  Travelling,  Vegas,   Beer  Pong,  Pool  and  par9es   energy   and  the  NYU   students  are   some   of  the  most   on  Victoria’s  roopop.   easy-­‐going  people  I’ve  met. What  has  been  the  toughest  part  of  going  on   What   subjects   are   you   studying?   Which   is   your   exchange? favourite  and  why? K:  Leaving  my  husband,  puppy,  family,  and  friends. K:   I   am   currently   taking   Brand   Management,   Innova9on   Management,   and   Nego9a9ons.   I   will  be   G:  Apart  from  packing  up  in  Melbourne,  none  really!   taking  Managerial  Judgment  during  the  second  half  of   New  York  is  one  of  the  easiest  ci9es  to  live  and  you  fit   the  term  as  well.   While  I  am  really   enjoying  all  of   my   right  in.  I’ve  lived  away  from  my  family  for  the  past  12   [8]


years  and  coming  to  America  has  brought  me  closer  to   my   extended   family   that   live  here  so   it’s  been  quite   easy   to  sePle  in.  My   fellow  MBSers  on  exchange  here   have  been  a  good  support   network   as   well.   We   look   out  for  one  another  on  the  mean  streets  of  NY. What  has  been  your  favourite  moment  so  far?

Tell   us   one   place   in   your   new  city  not   menJoned   in   travel   guides   that   you   would   recommend   people   MUST  do  when  they  visit. K:   The  alleys,   cafes,   Lygon  Street,   BruneN’s,   and  the   Roopop  Bar   above  Curtain  House   on  Swanston  –   that   was  a  few  more  than  1

K:   My   favourite   moment   so   far   has   been   geNng   to   G:  The  street  vendor  selling  Chicken  Rice  on  the  corner   know   the   other   exchange   students.   We   all   had   the   of   53rd   and  6th   Avenue  is  awesome.   Just   look  for   the   c h a n c e   t o   m e e t   d u r i n g   cart  with  a  queue  going  around   o r i e n t a 9 o n   a n d   q u i c k l y   the  block.  The  guy  in  the  cart   became  friends. assured   me   that   there’s   a   98%   probability   that   it   was   G:     GeNng  a  call  at  10AM  on  a   chicken   which   are   bePer   Saturday   morning  to  represent   odds   than   most   other   New   MBS  at  the  New  York  MBS  fair.   York  street  vendors. We  had  30  minutes  to  suit  up,   r e h e a r s e   a n d   p r e p a r e   New  local  lingo/catchphrase   o u r s e l v e s   t o   c o n v i n c e   that  you’ve  picked  up? American’s   to   take   up   a   full   K:   “Aussie”   –   this  one  is  my   9me  MBA  at  MBS. favourite   and   “mossie’s”   is   Have   you   had   a   chance   to   do   m o s q u i t o e s .   Yo u   c a n   some   travelling   –   where   have   abbreviate   most   words   to   you  gone?  How  was  it?  (or   are   end   in   “ie”.   The   Saints   and   you  planning  to  go  anywhere?) Pies  –   I  quickly   became  an  AFL   fan.  Although  I  have  heard,   and  occasionally   used,  the   K:   My   travel   so   far   has   only   been   local   to   the   phrase  “No  worries”   before,   I  hear   it   several  9mes  a   Melbourne  area.   However,  I  have  trips  planned  to  visit   day   here   and   am   sure   I   will   go   home   saying   “No   the  Great   Barrier   Reef,  Sydney,  Tasmania,   and  possibly   worries”  all  the  9me. Brisbane/Byron  Bay   and   New  Zealand.   I  look  forward   to  seeing  more  of  Australia!   G:   “Say   WHAT!!!”   –   I   got   that   at   the  mobile  phone   store   in   the   east   village   from   lady   who   loved   my   G:  I’ve  been  to  Los  Angeles,    Chicago,   D.C   and  Boston   Australian   accent.   She’s   always   wanted   to   visit   and  have  a  trip  to  Vegas  planned  over  the  next  month.   Australia   but   doesn’t   have   the   money   to   travel   to   I’m   excited   about   visi9ng   the   Airplane   Graveyard   at   South  America! Edwards   Air-­‐force   Base   in   the   Mojave   Desert   in   California.   Its   where   thousands   of   commercial   and   military  aircraps  are  re9red  or  parked  in  the  dry  desert   to  avoid  moisture   damage.  We’re  also  trying  to  sneak   in   a  trip   to   Florida   to   see   the   next   launch   of   Space   ShuPle  Discovery   at  the  Kennedy  Space  Centre.   ((did  I   men9on;  deep  down  inside,  I’m  a  geek). What  is  one  thing   that  has   surprised  you  in  your  new   city  that  you  were  not  expecJng  at  all? K:  It  is  really  cold  here!   I  knew   it   wouldn’t  be  summer   yet,   but  I  had  no   idea  it  would  be  this  cold!  Also,  the   city   is   not   as   big   as   it   first   seems   –   you   can   walk   everywhere.   But  if   you  want  to  go   anywhere  else,  it  is   so  much  further  away  than  it  seems. G:  The  poverty  on  the  streets  of  New  York   open  gives   you   the   impression   that   you’re   in   a   third   world   country.  The  lady  in  my  neighbourhood  who  walks  her   dog  in  a  pram  was  quite  amusing  as  well. [9]


KILEY

V A R GAU

[10]


ANNE LYTLE - ADJUNCT PROFESSOR You may know Anne from managing people, negotiations and leadership for social impact - but how well do you REALLY know her? Do  you  also  teach  at  other  schools? At   the  University   of   Michigan,   I  teach   a  course  called   “Nego9a9ng   Globally”   and   workshops   on   Managing   Oneself  and  Team  Effec9veness.  .

As  an   academic,   the   best   possible   reward   is  to   have   students   experience   some   success   as  a  result   of   our   work  together.  For  example,  just  today,  a  student  in  my   nego9a9on  class  was  nego9a9ng   a  job  offer   and  as  a   result  of   some  advice  I   gave  her,   was  able  to   secure  a   more   advantageous   offer!   But   probably   the   most   amazing   experience   was   an   execu9ve   in   one   of   my   leadership  programs  who  as  a  result  of  our  discussions,   decided   to   quit   his  high   pressure   job   to   spend   more   9me  with  his  young  family.     Interes9ngly,   he  ul9mately   achieved   greater   professional   success   while   working   fewer   hours  and   living   a  happier,   more   balanced   life.     Contribu9ng  to  that  outcome  was  fantas9c.

Aside   from   teaching,   are   you   involved   in   any   other   professional  work? Yes,   I  work  through   my  own   company   called  “Lytle  and   Associates”  where  I   provide  training   and  consul9ng  to   private,  government  and  nonprofit  organisa9ons  in  the   areas   of   leadership,   managing   people,   emo9onal   intelligence   and   nego9a9on.   Applying   my   own   knowledge   to   bring   value   to   people   and   organisa9ons   is   really   the   reason   I   get   out   of   bed  in  the  morning!

What  inspires   you  and  gets  you   up   in  the   mornings? I   like   to   help   people   become   aware   of   their   behavior   and   its  impact   on   others.   Most   importantly,   seeing   those   people   change  for  the  bePer  is  really  inspiring!

What  did   you  want  to   be  when   you   were   a   child   and   how   did   you  end  up  in  your  field  now?   I   wanted   to   be   a   veterinarian   when   I   was  a  child  and  actually   went   to   university   majoring   in   Neurobiology.   Fortunately,   I   discovered   before  I  got   too   far   that   I   was  not   good   with   blood   and   opera9ons!   At   that   9me,   I   was   taking   a   psychopathology   course   and   began   pursuing   psychology   as  my   main  area  of  interest,   which  led  me   aper   gradua9on   to   apply   to   PhD   programs   and   a   subsequent  specializa9on  in  Organisa9onal  Behaviour.      

What   are   you   reading  right  now?   RaJng   so  far  out  of  10? A   fabulous  book   called   “The  Book  Thief”   by   Markus   Zusak.     Definitely   a   10/10.     I   also   recently   reread  Karen  Blixen’s  “Out  of   Africa”   while   visi9ng   her   actual   farm   site   in   Kenya.   It   was  a   10/10   to   read   about   her   experiences   “on  loca9on”.   What  are  you  listening  to  right  now? I   mostly   listen   to   dance   mixes  of   popular   songs.   My   favorite  DJ’s  at   the  moment  are  Sydney’s  Dan  Murphy   and  a  Bri9sh  guy  named  Meck.

What  made  you  decide  to  go  into  teaching? I   never   really   intended   to   become   a   teacher,   and   actually   was  so  shy   when  I  was  a  child  that  I  wouldn’t   speak   in   front   of   other   students   in   class.   My   first   teaching  experiences  at  the  age  of  24  were  frightening,   but   I  was  able  to  overcome  my   fear  of   public   speaking.     Aper  20  years  of  prac9ce,  I  hope  I  have  improved  from   those  early  days!

What   is  one   thing   that   most   people   and/or   students   are  surprised  to  learn  about  you? Most   people   are   surprised   to   know   that   I   am   quite   passionate   about   endurance   sports   and   have   par9cipated  in   a   number   of   races   more  than   100kms   long.     In  recent  years,   however,  my   goals  have  been  a   bit  less  ambi9ous!

What   was   one   of   your   more   memorable   experiences   from  when  you  were  a  student  at  university? It   certainly   wasn’t   sliding   down   an   ice-­‐covered   hill   in   sub  zero  temperatures  at   8am  on  a  Saturday   morning   for  Chemistry  lab  in  Ithaca,  New  York  at  Cornell…

And   what   are   your   plans   for   your   next   holiday   or   Christmas  period? I  am   going  on   a  running  trip  to  the  Na9onal  Parks  in   Southern  Argen9na  and  Chile,  from  where  I  connect  to   a  kayaking  tour  of  Antarc9ca!      No  rest  on  this  holiday!

And  as  an  academic? 11


IN THE SHOES... OF MANUEL DE LA ROSA FROM

THE NEW FULL TIME INTAKE. READ ABOUT HIS NEW LIFE IN MELBOURNE AND AT MBS Being   a   full   9me   student   has   a   lot   to   do   with   managing   9me   right   so  that   you  can   get   everything   done  and  s9ll  have  9me  to  have  fun.  Seeing  as  how  I   live  with  my   girlfriend  and  I’m  new  to  this  side  of  the   world,  having  9me  for  fun  is  a  very   important  part  of   my  life.  Over  the  weeks  I’ve  worked  out  liPle  rou9nes   and  rituals  to  make  the  best  of  my  9me.   Tuesday:  My  day  off Wake   up   6:15am:   Sleeping  in  always  seems  en9cing   on  a  day  off,   however,   I  like   geNng  an  early   start  on   the  day. Morning   Chores   6:30am:   I   have  a  simple  breakfast,   cereal   and   orange   juice,   while   I   read   through   the   news.   I   like   to   keep   track   of   what’s   going   on   back   drivers  here  are  respecwul  to  cyclists  unlike  Colombian   home   so   I   check   the   news   from   Colombia’s   major   drivers,  so  I  won’t  complain  much. newspaper,  El  Tiempo,  and   aperwards  I  skim   through   BBC  News.   Adernoon  at   School  12:20pm:   When   I  get  to  school  I   head   to   the   cafeteria   and   have   lunch   with   my   First   Study   Session   7:15am:   First   classmates   which   have   come   out   of   their   study   session.   I  try   to  get  some   s s e Financial  Management   class.   Aper   catching   a studying  done  aper   breakfast.   “I guans like ee up   I   head   to   the  library   and   start   on   my   It’s  a  very  produc9ve  9me  for   i f f b o m work.  Most  9mes  I  spend  the  apernoon  on   c me.   I   focus   Managerial   Colud cup of ifferent. Managerial   Economics   and   Financial   Economics   exercises   and   oo m no d ly g Accoun9ng.   However   other   9mes  I   meet   e s ’ t M a n a g i n g   Pe o p l e   ca s e   I a n d up   with  my  syndicate  and  review   exercises   an Fortu ne ha studies  which  require  a  lot  of   r that   we  are  having  trouble  understanding. ou ffee” aPen9on. b l e M at co 6:00pm   onwards:   The  part   of   the  day   that   I   gre Exercise,   School  10:30am:   Aper   enjoy   most  starts  once  I  get   home.  I  get  to  relax   my   study   session   I   break   for   with   my   girlfriend   while   we   have   some   wine   and   exercise.  I  used  to  run  every  day  but  my   cook  some  dinner.   We  usually  try  out  different   recipes   knees  didn’t   seem  to  like  it.   Now  I  alternate  swimming   but   our   recurring   meals   include   homemade   pizza,   and   running.   I   swim   at   the   Fitzroy   Public   Swimming   burgers,   tacos,  and  Indian  food.   Aper   some  good  food   Pool   which   is   close   to   home   and   very   cheap.   My   we  watch  some  TV  and  call  it  a  night  at  around  11. girlfriend   says  I’m   crazy   swimming   in   the   cold,   but   I   have  to  admit   I   like  it.   Aper   swimming   I  head  home   Wednesdays:  A  more  formal  day and   get   ready   for   school.   I  make  myself   a  sandwich   Morning  Run  6:30am:   I  wake  up  and  then  usually  take   and  head  out  on  my  bike. a  short  5k  run  around  Fitzroy.     I  especially  like  running   Road   to   School  12pm:  I  ride  my   bicycle  to  school.   For   around   the   Melbourne   Museum   and   the   Royal   the   most   part   there  are  bike  paths,   which   are  nice.   Exhibi9on  Center. However  for  a  short  stretch  I  have  to  ride  on  Johnston   Street   which   has   no   path.   It’s   slightly   trauma9zing   Breakfast  and  Off  to  School   7:05am:   I  get  home  from   being   passed   closely   by   cars   and   busses.   However,   running  and  aper  stretching  I  get  ready  for  class. [12]


My  breakfast  is  prePy   much  the  same  as  Tuesdays,  but   some9mes   I’ll   make   something   different.   Aper   breakfast   I   prepare   my   sandwich   for   lunch,   which   I   always  have  just  for   convenience.  Ea9ng  lunch  around   school  every  day  can  be  very  expensive  so  I  always  try   to  take  my  lunch.   Ride   Into   School   8:25am  –   8:45am:   I   get   into  school   early   which  gives  me  9me  to  grab  some  coffee,  if  I  can   I  go   to   Seven   Seeds.   I  guess  Colombians  like   a  good   cup   of   coffee   and   I’m   no   different.   Fortunately   Melbourne  has  great  coffee. Class   8:45am   –   4:30pm:   Financial   Accoun9ng   and     Managing   People   are   my   classes   on   Wednesday.   Both   are   what   you   would   call   building   block   courses.   Some   of   the   material   looks   familiar,   however,   you   do   learn   very   interes9ng   new   things.   I   always   find   it   amusing   looking   back   at   the  work  I’ve  done  in  the  past  and   s eei n g   h ow   my   p ers p ec 9 ve   changes   when   I   learn   these   new   things. Heading  Home  4:30pm:  Before  calling  it  a  day  I   head  home  and  try   geNng   some  more  work  done  at   home.   My   girlfriend   is   in   Law   School  so   she   usually   studies  while  I   do.   I  usually   try   geNng   some  reading   done  but  mostly   I  focus  on  cleaning  up  my   notes  from   the  day’s  classes.

very   different   to   what   I’m   used   to.   The   focus   is   oriented   towards   understanding   the  different   means   of   nego9a9on,   which   makes   it   very   interes9ng.   It’s   also  prePy   cool  that   Andrew  gives   chocolate  away   in   every  class. Lunch  and   Syndicate  MeeJng  12pm:  Aper  class  I  have   a   quick   lunch   and   head   to   a   syndicate   room   for   a   mee9ng   with   my   group.   Our   mee9ngs  on   Thursdays   focus   primarily   on   tracking   and  working   on  syndicate   assignments  which  make  up  a  very   important  part   of   our   grade   in   most   classes.   Working   with  this   group   has   been   very   interes9ng   and   a   lot   of   fun,   especially   when  you  consider   that   we   have   6   different   na9onali9es. Pub   &   Dinner   4:30pm:   Aper   my   syndicate   mee9ng   I   usually   go   to   the   pub.   Some9mes  I’ll   go  with  my  classmates  to   the  Corkman  which  is  our   corner   street   Irish   pub.   Other   9mes   I’ll   go   exploring   with  my   girlfriend  around  Melbourne.  There  are  many   cool   pubs   all   around   Melbourne   especially   around   Fitzroy   which   is   very   close   to   our   home.   Pubs  here   usually   have  great   food  so  we  grab  a  bite   and   I  take   break   from   cooking.   Aper   some  drinks  and   dinner   I   head  home.

Dinner   and  R&R  7:30am:   Aper   all  that  work   I  don   my   Finally  Just  Rest  8:00pm:   On  Thursdays  I  don’t  study   I   chef  hat  once  again   and  cook.  It’s  a  great  way  to  relax   just   rest.   Friday   is   an   off   day   filled   with   study   very   and  get  my  head  out  of  work.  We  sit   and  talk  while  we   similar  to  Tuesday,  so  I  give  myself  a  break. have  dinner,  and  as  usual  we  call  it  a  day  at  11  again. Thursday:  A  somewhat  nicer  day Wake   Up   and   Free   TIme   6:15am:   I   wake   up  at   the   same  9me  but   no  running  on  Thursdays,   I  have  to  give   my   knees   some   rest.   I   have   some   free   9me   and   some9mes  I   Skype   with   my   parents.   We  have  a  15   hour   9me   difference   which   some9mes   makes   communica9on   difficult  so  take  every  chance  I  can  to   talk   to   them.   While   I   talk   to   my   parents  I   eat   my   breakfast   and  skim  the  news.  Aperwards  I  prepare  my   sandwich  and  head  out  to  school. Ride  into  School   8:25am:   As  always  I  get   in  early   and   try  to  grab  some  coffee  before  class. Class   8:45am:   Managerial   Economics   can   be   somewhat   different   to   what   you  might   expect.   I  am   an   economics   major   but   Andrew   Johns   approach   is   [13]


IN THE SHOES... OF WILL CHOI

READ ABOUT HOW A PART TIME MASTER OF MARKETING STUDENT MANAGES TO FIT EVERYTHING INTO HIS WEEK Mondays  -­‐  Fridays

Fridays

5:25am:   Alarm   goes   off   in   my   studio   in   South   F r i d a y   n i g h t s   Melbourne   and   I   head   off   to   my   personal   training   usually   contain   a   session.   few   aper   work   drinks,   then   an   6:30am:  I  have  a  protein  shake,  take  a  shower,   and  suit   early   night   as  the   up  before  heading   out  to  work.  I   grab  a  coffee   along   week   catches   up   the  way  from  MEE   TOO   at  Melbourne  Central  and  get   with  me.   to  my  desk  by  7:30am.   Saturdays 8:00am:   Before  my  day  begins,  I   make  a  bowl  of  oats   and  then  sit   down  for   a  full   day   of  sales.   This  usually   I   usually   go   for   a   involves  a  minimum  of  20  inbound  calls,  100  outbound   r u n   i n   t h e   calls,  150  emails  a  day,  sales  mee9ngs  and  more. mornings  before   my   Man  Ec  help  sessions  which  is  from  9:30am  -­‐   11am.   6:00pm:  If  I  don’t   have  class,  I  go  for   Usually  this  is  followed  by  syndicate  mee9ngs.   a  4km  run  aper  work  along  Beach   “Spendin Rd,   Bay   St   and   Graham   St   in   Spending  9me  with  my  god  kids  Casey,   Riley,   time with mygg Port  Melbourne.  This  helps  me   Oscar   and   Isaac   is   what   I   treasure   the   kids is what Iod clear   my   head   and   gives   me   most  .   Being  a  kid  at  heart,  every9me  I  see   tr e a sure most… the  energy   my   body   needs  to   them  it’s  a  circus  and  the  best  fun  ever.   w o r k   5 0 +   h o u r   w e e k s ,   everytime I see them manage   uni   work   and   class,   it’s a c ir cus and the social   events,   drinking   and   Sundays b e s t fun ever” family  9me.   9 : 0 0 a m :     Thursdays Usually  I  go  for  a   5:30pm:   I  leave  work  on   Thursday     at   5:30   so   I   can   run   around   this   9 m e   a l o n g   m y   make  it  to  school  in  9me  for  class.   usual   route   (but   it   6:00pm   -­‐   9:15pm:   Managerial   Economics   class.   I   depends   on   the   usually   start   prepara9ons   for   my   Man   Ec   class   the   drinking   the   night   Sunday  before.   before!). Then  I  go  shopping   a t   S o u t h   Melbourne   Market,   watch  some  TV  and   being   my   reading   and   prep   work   for   the   week   about   to   begin.  

[14]


!

2010 International Food Festival

!

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THE ALUMNI COUNCIL AND RELATIONSHIP OFFICE WHAT DO THEY DO?

Alumni council lunch The  Melbourne  Business  School  Alumni  Council   is  the  peak  representa9ve  body  for  MBS  alumni.   They  engage  with  the  school  on  behalf  of  alumni   and  help  to  communicate  the  schools  programs   to  alumni.     In  order  to  improve  the  connec9on  between  the   alumni   council   and   students,   on   the   4th   October,   members   of   the  Alumni  Council  held   an  open   lunch  with  current   students.   Students   were  given  the  opportunity  to  meet   closely   with   the  council  board   members  and  ask  about  their   experiences   finding   employment   aper   gradua9ng,   and   what   they   as   employers,   expected   from  a  recruitment  perspec9ve.  This  event  aPracted   over  50  students.   Frances  PraP  (MBA  2009)   will   be  the  key  contact  person  on  the  Council  for  student  engagement. The  SRC  is  aiming  to  put  together  more  events  that   will  con9nue  to  improve  the  visibility  of  the  alumni  network   and  also  bring  students  to  more  ac9vi9es  where  they  can  interact  with  alumni.

2010 annual alumni dinner On  the  same  day,  more  than  500  guests  gathered  at  the  Melbourne  Conven9on  Exhibi9on  Centre  to  celebrate   the  MBS  2010  Annual  Alumni  Dinner.  The  inaugural  Charles  Goode  Ora9on  was  delivered  by  Jillian  Broadbent   AO. If  you  have  any  ques9ons  in  regards  to  the  MBS  Alumni  Council,   please  feel  free  to  speak  to  MBA  Alumni  Rela9onship  manager  David   Michell  at  david.michell@mbs.edu.

[16]


Meet Robin Dick and David Michell from the alumni relationship office What  do  you  do? Robin:  I  am  the  Manager,   Annual  Fund  and   Development   Services   at   Melbourne   Business  School.  My  principal  role  is  to  raise   funds   for   MBS   through   its   Alumni   community,   student   year   groups   (e.g.   class   gips),   corporate,   trusts   and   founda9ons,   and  government.  Funds  raised   are  typically   used   to   support   student   Scholarships,   internships,   prizes,   and   some9mes   infrastructure.   Thereaper   I   am   also   responsible  for   donor   management,   stewardship  and   recogni9on.   It's   challenging,  but   also  very   rewarding,   and  it  requires  you  to  have  a  holis9c  understanding  of   the  School  from  a  micro  and  macro  perspec9ve.   I  sit   within   the   Alumni   Rela9ons   and   Advancement  team. David:   I   work   as   the   Manager   of   Alumni  and  Community   Rela9ons  at   MBS.   What   that   means   is   crea9ng   and   managing   the   rela9onship   that   out  Alumni  have  with  the  school.  We   have  three   areas  that   we  focus  on.   The  first   is  lifelong   learning,  and   this   involves   things   like   the   Personal   Wealth   Management   Series   and   Alumni   Connect   Series   we   are   running.   The   second   is   thought   leadership,  which  entails  geNng  speakers  either  from   faculty   or   elsewhere,   to   share   cuNng   edge   management   and   business   thinking.   The   third   is   networking,  which  involves  4  Seasons  drinks,  Dinners,   Reunions  etc.  I  work  closely   with  Megan   Charles,   our   Events  Manager,   to  design  and  put   on   these  events.   These  are  done  both   locally   in   Melbourne,   but   then   also   domes9cally   and   interna9onally.   Ul9mately,   I   hope   I   can   help   Alumni   contribute   to   the   school   through  sharing  their  9me  and   experience,  and  at  the   same  9me  help  Robin  with  giving  programs. What  are  the  iniJaJves  your  are  hoping  to  get  going? R:   Our   aim   is  to  develop  a  culture  of  'giving'  at   MBS   that   emulates   our   compe9tors   in   North   America,   Europe,   and   increasingly   the  Asia  Pacific   region.   This   should  begin  as  you  enter  the  School  as  a  student  and   con9nue   aper   gradua9on.   It   is   a   rela9vely   new   approach  for  Australian  culture,  so  it  is  not   without  its   challenges,   however   if   we   aspire  to   be   a   top   global   business   school,   this   is   what   we   need   to   do.   The   bePer   the   School   is   resourced   and   performs   interna9onally,   the   bePer   it   looks   on   Alumni   CVs/ Resumes. [17]

D:  There  are  further  chapters  that  I  hope  to   launch,   in   Canberra   as   well   as   India   and   possibly   China.   We   recently   concluded   a   telephone   campaign,   which   aimed   to   improve   the   rela9onship   between   the   school  and  it's  alumni,  and  I  am  also  keen  to   make   our   web   portal  vibrant   and   useful.   I   am   passionate   about   helping   make   the   current   student   experience  the   best   it   can   be,   so  that   you   value  the  MBS  experience,   and  take  part   in  Alumni  ac9vi9es  once   you   leave.   We   are   looking   at   a   mentoring   program   for   Alumni   and   current   students.   I   am   passionate   about   making   the   SRC   the   best   representa9ve   body   it   can   be   (I   was   in   the   SRC,   including  two  terms  as  President).   What   are   our   future   roles  as   future   alumni  -­‐  how  we  can  be  involved? R:  You  can  be  great  ambassadors  for   the   School.   Help   to   raise  its  profile   throughout   your   professionalism,   e t h i c a l   b e h a v i o u r ,   c a r e e r   development,   and   of   course   your   networks.     MBS  is  what  our  students   and   alumni   make   it.   You   can   get   involved   by:   joining   local   Chapters   or   star9ng   new   ones;   aPending   alumni   events;   establishing   class   gips;   volunteering   9me   (e.g.   recruitment   fairs,   Alumni   Council   etc)   and   resources   (e.g.   corporate   venues   etc);   financial   support   (e.g.   dona9ons);   and   feeding  back  your  experiences  of  MBS.   D:   I   agree   with   Robin,   I   hope   you   will  act   as  great   ambassadors   for   the  school.   The   ul9mate  product   of   MBS   is   its   alumni.   You   can   be   involved   in   Alumni   Council,   in   local   and   interna9onal   chapters,   volunteering   at   MBA   fairs,   or   simply   talking   to   prospec9ve  students.  Even   aPending   events  is  a  great   way   of  showing   your   support  -­‐   learning  doesn't  finish   once  you  graduate! And  what  is  it  like  to  be  your  own  customer? D:   I'm   very   lucky   to   be   able  to  work  on   the  Alumni   program,   as   I   can   really   try   to   make   it   the   best   program   that   I  would   want   to   be   a   part   of.   There's   added  pressure  too,   as  if   I   don't  do  a  good  job,  I  am   damaging   the   value   of   my   own   degree,   let   alone   everyone  elses!  


ASEAN CLUB AND ASEAN CLUB AND CHINA CHINAMASTER MASTERCLUB CLUB

Mid-autumn festival (joint event) The China master club language On   September   22 ,   the   China   Master   Club   and   buddy program is back! nd

Building   on   the   success   of   last   term   and   the   immense   interest   in   China,   the   China   Master   Club   is   one   again   running   the   language   buddy   program   this   term.     The   first   of   four   intensive   Chinese   language  sessions   was   held   on   September   29th   to   great   success.     Par9cipants  were  able  to  learn  gree9ngs,  introduc9ons,   and   simple   conversa9ons.   In  addi9on,   Nick  Sunderup   shared   his   experiences   about   living   and   working   in   China.   The  China  Master   Club   invites  anyone  with   an   interest  in  China  to  join  us  for  these  exci9ng  sessions.       ASEAN   joined   forces   to   organise   the   Mid-­‐Autumn   Fes9val  Social  Mixer  to  kick  off  the  new  term.  

 

Over  60   people  aPended  this  event   including  alumni,   current   students,   and  many   from  the  new  intake  to   catch   up   and   meet   new   friends.     APendees   learnt   about  the  history   of   the  mid-­‐autumn  fes9val,   how   it   is  celebrated  throughout  the  Asia-­‐Pacific,  and   had  an   opportunity   to   sample   over   more  than  20   different   varie9es  of  mooncakes.    

[18]


MID AUTUMN FESTIVAL!

[19]


CONSULTING CONSULTINGCLUB CLUB EY case competition, BCG breakfast and more! The   Consul9ng   Club   is   going   to   be   one   busy   club   with   a  variety   of   events  to  look  forward  to  in  the  second  half  of  term.   Con9nuing   on   from   its   success   last   year,   there   is   the   EY   Case   Compe99on   with   an   opportunity   for   everyone   to   test   all   the   skills   learnt   at   MBS.   Addi9onally,   there  will  be  a  breakfast   with  BCG   and  a   workshop  with  Bain.  So  keep   a  lookout  for  these  great  opportuni9es  to   engage  and  network  with  consultants  from  these  firms.

e The averags who ate for candidcessful in were suc lting offers su getting counnd 70 cases, was aro ng and get so get alo icing! pract

A  new   idea  this  year   is  the   Art   of  Dressing  workshop  to  provide   9ps  on  how   (and  how  not)  to  dress  professionally  and  a  CV  workshop  to  help  you  put  your   best   foot   forward.   Dates  for   these  events   are  being   finalised   so  keep  your   eyes  peeled.  Also,  remember  that  weekly  case  prac9ces  are  on  Saturdays  and   Mondays.   The   average   for   candidates   who   were   successful   in   geNng   consul9ng   offers  was  around   70   cases,   so   get   along   and   get   prac9cing   in   prepara9on  for  recruitment  season.

POKER POKERCLUB CLUB NEW club this term!

Join  the  poker  club  at  their  first  ever  event!  The  main  aim  of  the   night  is  to  have  a  bit  of  fun,  learn  how  to  play,  and  maybe  win  a   few  dollars Poker  Night When:  Friday  Nov  12th  (end  of  week  9),  from  7:30pm  to   11:30pm. Where:  Sopbelly  Bar  and  Lounge,  367  LiPle  Bourke  St,   Melbourne  City What:  Texas  Holdem  Poker,  with   beginner  ($0)  table,  plus  $10  and  $20   tables. Entry:  Free Rules:  $50  max  total  wager  per  person   for  the  night Who:  Club  members  and  guests RSVP:  p.club@mbs.edu [20]

Contact  the  ConsulJng  Club: cclub@mbs.edu


Speed Dating Event Networking

$(-.% #*# !&" '() +, tober c O 9 2 , y a id r Date: F - 7:00pm m p 0 :3 5 : e Tim esden g a G n e d e g d a dsden G Location: Ga HALL G N I N I D E TH

!! CASH BAR!! [21]


FINANCE CLUB FINANCE CLUB On  July   2010,   the  MBS  Finance  Club  commenced  the  term  with  a  discussion  of   the  global  financial  crisis  and  the  role  of  credit  ra9ng  agencies  in  stabilizing  the   economy.    Guest  speaker,   Paul  Coughlin  is  an  MBS  alumus  who  is  currently  the   E xe c   M a n a g i n g   D i re c to r   at   Standard   &   Poor’s   HQ   in   Wall   Street.      

To  become  a  member  of   the  Finance  Club  and   receive  future   announcements,  please   send  an  email  to   financeclub@mbs.edu.       You  can  also  join  the   Club  and  find   announcements  and   updates  via  Facebook.     Contact   MBS  Finance  Club   financeclub@mbs.edu  

The   Club   members   welcomed   FINSIA   (Financial   Services   InsJtute   of   Australasia)  CEO,   MarJn   Fahy  as  he  gave  a  thorough  presenta9on  on  FINSIA’s   product  offerings  and  enlightened  the  students  about  their  expected   ROI  from  various  MBA  programs.       HR Tips “At the nt rking eve o tw e N d an d us ts showe s li e n a p our aking e of m u l a v the this can r, e v e w o H ies contacts. e difficult v a h u o y if , I be tough card. So r u o y t u o it an to handing ess card n, when is at you o in ti s s u e b u q y m agreed th e t s iv li g e n posed the to s a p moment for it. It’ tion the s s te e ll u ia a q r c p is o n r th app casio r to f it In answe ss the oc n first. I le o ? n s e r u n e o p t, e u e o m so it bye with th just hand ing good y nnection a o s c e a r ’ u h shouldn’t s yo li ally t to estab nt is ripe or when Hey I re “ f o importan s e e n m e li lk t the mo around th ain and ta g g a in seems tha r e th e th e m g be s ay s o get to rd”. I’ll you can e should a w c , y lk m ta is e you enjoyed th t me giv e L . e r o t ups. s om e m next mee y 2012 m in is MBA FT , a s o trying th R a De L - Manuel [22]


Fast   forwarding  to  September   2010,   HR  Tips  and  Networking   event  was  our   first  event   of  the  term  and   speakers:    Karen  Borg  (FINSIA  -­‐  Financial  Services   Ins9tute  of  Australasia),   MaPhew  Schwantes  (former   intern  at  Starfish  VC)   ,   and   Desiree   Van   Oss   (NAB   Human   Resources)   gave   invaluable   advice   to   incoming  students  on  how  to  navigate  the  Financial  Services  industry.    

“HR Insider Tips & Ne tworking was the first Finance Cl ub activity I attended at MBS. I wa s glad to have the opportunity to be expo sed to insiders from th e very start of my MBA progra m. The Finance Club in collaboration with Ca reer Services had a pa nel of speakers. The diverse experience of the pane l greatly pleased the audience. I was mostly interested in Matthew Schwantes’ internship experience in Starfish, on e of the leading venture capita l companies in Austral ia. His advice was very useful and wi ll help me to be better prepared in the near future. I also registered for a free stu dent membership in FINSIA during the event and ha ve started to connect with professionals through the service.” - Flora Ren, MBA FT 2012

PHOTOGRAPHY PHOTOGRAPHY CLUB CLUB

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WOMEN AND MANAGEMENT WOMEN AND MANAGEMENT About…

The   Women   and   Management   (WAM)   club   seeks   to   assist   students   at   Melbourne   Business  School  make  the  most   of   their   9me  at   the   school   as  a   resource   and   support   plaworm,   where  they   can   bePer   acquaint   with   fellow   female  students,  faculty,  alumni  and  business  professionals  in  the  community. The  WAM   Club  has  a  large   membership,  and  hold  regular   events  focusing  on   women   in   careers   and   mentoring   as   well   as   developing   leadership   and   management  skills.    

To  sign   up   or   find   out  more:   The   use   of   the  student   networks   and   schools  alumni  network   allows  us  to   email  wam@mbs.edu  or   find   access  organisa9ons  and   guest   speakers   from   varied   areas   of   the   business   us   on   Facebook   page:   MBS   community,   open   in  senior   leadership  and  management  roles.     The   club  also   Women  and  Management works  with  organisa9ons  who  are  hoping   to  increase  gender   diversity   in  their   organisa9ons  and  foster  female  talent.    

Why women make better marketers than MEN! On  Thursday  the  14th   of  October,  the  Women  and  Management   club   hosted  an   event   at   MBS;   Why   Women   Make   BeTer   Marketers   Than   Men,   which   was   presented   by   Mark   Ritson,   Associate  Professor   of   Marke9ng   and   Brand   Management  Guru!

t it “To pu have a n , wome dvantage y l t n u l b Mark   spoke   about   the   theories   behind   his   ar9cle   in   Marke9ng   netic a rketing: e g e v i s a Magazine,   9tled   “Why   Women  Make  BePer   Marketers”.    The  event   mas es to m etter m o c t i aPracted   around   50   MBS   students   and   members  of   staff,   of   both   when brains are b genders!     Mark   presented   some  key   reasons  as  to  why   he  believes   their or it.” f d e n women   make   bePer   marketers   than   men.     These   included:   the  fact   g desi Ritson that   women  have   different   brains  to  men,   and  are  built   for   empathy,   - Mark therefore  are  superior  for  communica9on  and  emo9onal  understanding.  

Mark  also  suggested  that   women’s  brains  are  bePer  for  market  research,   since   to  be  effec9ve  at  market  research,  marketers  need  to  be  able  to  use  both  sides   of  the   brain,   i.e.  they   need  to  be   able  to  use  both  qualita9ve  and  quan9ta9ve   research   in   combina9on.     He   therefore   proposed   that   the   structure   of   the   female   brain   (a   larger   corpus   callosum   connec9ng   the   lep   and   right   hemispheres)  allows  women  to  show  a  more  bilateral  representa9on  of  func9on   that   integrates   the   two   halves   bePer,   therefore   being   able   to   switch   easily   between  qualita9ve  and  quan9ta9ve  findings,  and  see  the  bigger  picture  when   it  comes  to  market  research.     The  other  main  factors  that  were  discussed  as  to  what  makes  women  bePer  (at   marke9ng)  than   men  were  that   females  are  bePer  at  brand  posi9oning,  due  to   the  problem  solving  capability  of  the  female  brain.     Women  are  more  aPuned  to   the  compe99on,  due  to   the  larger   amount   of   grey   maPer   in  the  female  brain   compared  to  the  male  brain,  and  that  women’s  brains  age  bePer  due  to   [24]


the  problem  solving  capability  of  the  female  brain.    Women  are  more  aPuned  to  the  compe99on,  due  to  the   larger  amount  of  grey  maPer  in  the  female  brain  compared  to  the  male  brain,  and  that  women’s  brains  age   bePer  due  to  increased  blood  flow  to  the  brain.    Finally  women  don’t  talk  as  much  about  themselves,  and  know   when  to  shut  up!   “Female  marketers  are  more  likely  to  avoid  the  centre  stage  and  allow  the  right  spokesperson  to  represent  the   brand  to  consumers.  It’s  an  approach  most  male  marketers  struggle  with.” Mark  ended  his  presenta9on  with  a  philosophical  ques9on  for  the  audience  to  ponder,  Is  it  because  women  are   bePer  at  it  (marke9ng),  or  because  men  are  bad  at  it…..?  Hopefully  it  is  the  former!  

Upcoming events for WAM: WAM  to  launch  its  Women  and  Careers  Series!

!

This  term  the  focus  will  be  on  a  career  in  consul9ng  with  events  such  as: October • MBS  Case  Compe99on  (in  conjunc9on  with  the  MBS  Consul9ng  Club) o Entries  close  Monday  25th  October.    Contact  cclub@mbs.edu November   • Breakfast  event  with  Ernst  and  Young  discussing  women  in  consul9ng   o Thursday  18th  November,  7.15am  –  8.30am  at  EY o More  details  to  come  shortly •

Another  exci9ng  event  with  consultants  from  PwC. o Date  and  details  to  be  confirmed.    

[25]

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SouRCe Term 3 2010 Issue 1