Mustang Business Journal Volume II, Issue IV

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MUSTANG BUSINESS JOURNAL VOLUME II, ISSUE IV

PETER KNAG A Road to Success by Katie Stumbo

Welcome SAB 2019-2020 by Ben Kirby

KEVIN KNOX by Kelsey Martin

LAUNCHING

YOUR POST-MBA CAREER


IN THIS ISSUE

VOLUME II, ISSUE IV 2 Letter from the Editor 3 Welcome: A Letter from the SAB President by Ben Kirby 5 Alumni Advice: The First 90 Days on a Job 7 Featured Alumnus: Peter Knag by Katie Stumbo 9 Building Lifelong Connections: An Interview with Kevin Knox by Kelsey Martin 12 Student Spotlight: How to Succeed in MBA Internships 12 Guess the Mustang 13 Now What? by Ben Newcome 18 Experiential Learning: The Cox Difference by Kelsey Martin 20 Champions: The 2019 Business Plan Competition by Carl Sykes & Anirban Bhaumik 21 Business Leadership Center Update by Kate Hoedebeck 23 Social Programming by Stephen Loughren 25 Club Spotlight Adam Smith Society Cask & Barrel Club Cox Rugby Football Club Sports & Entertainment Business Association Jewish Business Club 30 The MA/MBA Program: Study Abroad in Milan by Alex Lilly & Julia Farina 33 Discovering Dallas by Kelsey Martin & Anirban Bhaumik 35 Mustang Milestones 37 Our Team

Thank you to the students, faculty, and alumni who have been involved in the 2018-2019 Mustang Business Journal. 1

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Photo Credit: Anupama Vurakaranam, FMBA 2019

LETTER FROM THE EDITOR Fellow MBAs, In this final issue of the Mustang Business Journal, we are focusing on the next step: how to navigate our MBA internships and post-graduation jobs. After two years in school, the idea of having a full-time job, benefits, and a salary sounds like an amazing change of pace. We have all worked hard and hopefully we will find a great role to use our new skills. Thank you to all of the alumni, students, and faculty who have contributed throughout the year with advice, photos, and articles and to Maggi Cerutti and Kelsey Martin for being a great team. It has been a joy to see your unique ideas and talents combined. Congratulations to graduating class of 2019! Sincerely, Katie Stumbo MUSTANG BUSINESS JOURNAL VOLUME II, ISSUE IV

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INTRODUCTIONS

WELCOME A Letter from the SAB President By: Ben Kirby, FTMBA 2019

We woud like to officially welcome the new 2019-2020 Student Advisory Board. These talented students of the MBA Class of 2020 will lead our MBA student programs and set the tone for the future. Congratualtions!

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INTRODUCTIONS Fellow MBA Students, As May approaches, it is amazing to reflect on how quickly this year has flown by! This isn’t a surprise though, because it has been jam-packed with amazing learning opportunities, networking events, and social experiences that have truly made our time at Cox one of a kind. As MBA candidates, we have had the opportunity to interact with some of the most prominent companies in the world like PepsiCo, JP Morgan Chase, Toyota, AT&T, and countless others. Along with academics and networking, we have also had some wonderful relationship-building events ranging from happy hours to game days on the Boulevard to trips to Billy Bob’s in Fort Worth. To the class of 2019, who are about to graduate, I want to wish you immense success in your careers and relationships. As one of the representatives of the class of 2020, I can confidently say that all of you played a part in our success as MBA candidates and we truly appreciate you taking the time to meet, network, and lead us through the challenges of our first year. I especially want to say thank you to Sailesh Ramanathan, our outgoing SAB president, who has served as a servant-hearted and positive representation of your class and the program as a whole. He consistently set the example in integrity, enthusiasm, and commitment to SMU and the Cox School. Thank you Sailesh! To the class of 2020, I continue to be impressed with each of you! Over the past year, it has been inspiring to interact with such a driven group of people who are not only is committed to studying hard and furthering their careers, but also to improving each other holistically. Amidst the host of group projects, tests, interviews, and networking events, you have taken the initiative to take international trips with each other, organize philanthropic events, and encourage physical and spiritual wellness. While we have had our challenges, our class has grown to be more cohesive than ever and I am confident we are going to achieve massive goals in our second year. I consider all of you true friends and it is an honor to be associated with such remarkable people. As we all transition into our internships and full-time careers, let’s continue to represent the Cox School of Business and SMU with integrity, enthusiasm, and a relentless work ethic.

Pony Up! Ben Kirby SAB President-Elect

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FEATURED ALUMNI

Alumni Advice The first 90 days on a job: SMU MBA alumni offer advice on how to position yourself for success.

Marc Orgass Associate JP Morgan Chase & Co. As newly minted MBA’s we are hungry to prove the skills we learned in the classroom have value, but it’s important to keep Amy Cuddy’s research top of mind. People quickly answer two questions when they first meet you: Can I trust this person? Can I respect this person? Respect without trust won’t get you very far. 1) Invest in key relationships early. Ask your manager and other well-regarded leaders who it is critical that you get to know. Relationships with peers are equally important as you will want support at all levels. 2) Learn your new manager’s workstyle, goals, and preferred method of communication. Lean on your team as a resource as you discern more about expectations and the best ways to interact with your manager to reach a positive outcome. 3) Have realistic expectations. It is unlikely that you will land on a great team with challenging, interesting work right out of the gate. Focus on being a person that others want to work with, and invest in making your company a better place to work. 4) Explore opportunities that add value outside your role by partnering to help others delve into a problem they don’t have time to dig into. This can be a great way to network and learn about work that is going on in another part of the organization.

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FEATURED ALUMNI

Cynthia Nwaubani, CPA Vice President, Senior Relationship Manager Wells Fargo As a newly hired MBA graduate, you are expected to start producing results and to start adding value to the company almost immediately, but to do so effectively and over a sustained period of time, you would have to leverage the strength of your team. That’s where building strong relationships come to play. Having strong relationships at work enables you to really understand the spoken and unspoken rules that are present in the workplace. When building relationships, make sure you are building a 360-degree relationship map. This means building relationships with your managers, peers, and subordinates. Remember, your attitude will take you farther than skill sets alone. Also, be prepared to be the hardest worker in the room. Raise your hands for projects more often than necessary. Spend time with more experienced employees to gain insights into their expertise and to learn how they’ve navigated their careers within the organization. Show up early, show up smartly dressed (within the context of your corporate culture), ask lots of questions, and be prepared to contribute your ideas and suggestions when necessary. Remember that if you are in the room, then you deserve to be in the room. Don’t just take up “space”, own that “space” and make sure you leave that “space” better than you found it.

Chad Schweinzger Manager A.T. Kearney Many of the same things that will make you successful in the job search process apply to the first few days on the job. Some things are common sense, but if you don’t do them you risk sticking out in a negative way: be on time, be positive, have a story about why you are there and what you are hoping to do long term. Most of all, never turn down coffee or lunch. Take advantage of the first couple of “slow” weeks to meet everyone you can both in your starting class and new colleagues in positions or groups that interest you.

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FEATURED ALUMNI

Peter Knag By: Katie Stumbo, FTMBA 2019

A

ccording the Bureau of Labor Statistics, the average person holds twelve jobs over the course of his or her career. Whether this is due to relocations, layoffs, or promotions, it is more common than ever for employees to hop from one company to the next. However, the days of building your career within one great company are not yet over. Peter Knag, an SMU Alumnus and Executive Vice President and Chief Financial Officer of Turner, has made an inspiring impact by working hard for only a handful of companies in his post-MBA career. Originally interested in investment banking, Knag spent his MBA internship at First Albany Corporation in Boston. He enjoyed his summer experience and decided to accept a full-time offer

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in investment banking for Lehman Brothers in New York City. As expected in any investment banking role, his first months after graduation were spent working until midnight. One day, he received a call from the SMU career office. AT&T (then Southwestern Bell), was looking to grow the company and wanted an alumnus with mergers and acquisitions experience for their corporate development group. Seeing a great opportunity, Knag moved back to the warm streets of Texas and began his career at AT&T. There were several benefits to his new role. He was able to witness a diverse variety of transactions, from software to cell towers to wireless. In addition, the corporate development group sits within the staff of the CEO, giving him close access to AT&T business leaders from an

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early stage in his career. Over the next sixteen years, Knag climbed the ladder until he was promoted to Managing Director of Corporate Development. He was closely involved in the acquisitions of many regional and international telecommunications companies. In 2008, Ed Whitacre retired and the new CEO, Randall Stephenson, moved AT&T from San Antonio up to Dallas. Knag and his family moved along with the company. Then, Knag received a great opportunity. After almost two decades on the corporate development team, he was given the responsibility to lead the integration and financial planning for AT&T’s acquisition of Time Warner, Inc. (now WarnerMedia). After the completion in June 2018, Knag was promoted to his


FEATURED ALUMNI

current role as Executive Vice President and Chief Financial Officer of one of the newly acquired WarnerMedia companies, Turner. Looking back on his career so far and the careful steps he took to lead to this success, Peter Knag stressed the importance of building positive relationships within the business. Not all of us will work in roles that place us close to a CEO, but we can still take his advice and get to know team members

and leaders across all of the business units. He also reflects on the beneficial lessons learned from his long days in investment banking. Knag explained that in the days and weeks leading up to a deal, everyone on the team works around the clock and through the weekend to ensure the details are in place. While this only occurred occasionally, his consistent dedication and hard work were essential for successful acquisitions. As SMU MBA students, we can never overstress the

value of our alumni, faculty, and staff. Peter Knag began is his inspiring career at AT&T by answering a call from the SMU career office. He continued to grow this career by working hard, being the best at his job, and continuing to build strong relationships. As we branch out to our summer internships and new jobs, we can learn from his example and continuously go above and beyond. Then, we too can make positive differences in our future organizations, regardless of the industry or role.

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COX HACKS

BUILDING LIFELONG CONNECTIONS An interview with Kevin Knox By: Kelsey Martin, FTMBA 2019 Ask Kevin Knox who has the best job in America, and his answer is simple: himself. As Assistant Dean of External Relations and Executive Director of the Cox Alumni Association, Knox dedicates much of his time to the relationships he has cultivated with Cox alumni around the world. He is as well-known on campus as he is at networking and fundraising events, and though he does not hold a Cox diploma, he is an integral part to students’ success on campus and alumni connections after graduation.

Friend-raising, Not Fundraising Knox is a salesman. He attended the Terry College of Business at the University of Georgia and planned to “strap on a tie, carry a briefcase and sell something.” That goal led to his career at Terry College where he served as Director of Development, working with another beloved Cox family member: former dean Al Niemi. When Dr. Niemi accepted the dean position at Cox in the late 1990s, Knox joined his staff in Dallas. Knox credits Dr. Niemi with his mindset on fundraising: it’s about the friendships, not the funds. He aims to be someone who people want to have conversations with and build friendships with first and foremost. Garnering financial contributions is part of the job, but connecting with people and reminding people of the unique Cox culture allows Knox to feel like a good steward of the school.

A Knox-Approved Resource for Building Connections Knox makes networking look easy. He is warm and attentive in any conversation, travels the world for various events to meet with Cox connections, and promotes new initiatives. Knox shared a resource for anyone who is continually building a network, which applies to all MBA students: The Power of Who: You Already Know Everyone You Need to Know. This book is written by Bob Beaudine, a 1977 Cox BBA graduate, and includes applicable ideas for cultivating a productive network among people you are already connected to in your daily life. As Knox says, “it’s sort of a how-to, but takes the pressure off.” This quick read is available at the SMU Bookstore or Amazon.

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COX HACKS

Staying Connected To Cox With the end of the 2018-2019 school year upon us, Knox shared a few tips to keep in touch with classmates and contact alumni throughout your career. 1. Join SMUNetwork.com. This LinkedIn-type resource for SMU students and alumni provides a school-specific network where you can easily get in touch with Cox connections during your time as a student or years after you have left campus. Create your profile today. 2. Attend events. With 45,000 Cox alumni around the world, find an event in your post-MBA region to see familiar faces and meet new people. There is often complimentary food and beverage, and on many occasions, Coxbranded swag. 3. Share location updates. When you change mailing address or create a new email address, let the Cox alumni team know so you can remain on distribution lists. 4. Learn more about the Alumni team. Visit the Alumni page and see a recent video of Knox discussing the immense Cox network. 5. When in doubt, call Kevin. He said this verbatim during the interview, so feel free to hold him to it. Thank you to Kevin for his time and advice. Pony Up!

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COX HACKS

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COX HACKS

STUDENT SPOTLIGHT What is the best advice you recieved from a coworker or manager in your internship? Scott Thomas Always be prepared to answer the question “How can I help you?” Ben Newcome Your career is more like chess instead of checkers. Sometimes you make lateral moves in order to advance.

Photo Credit: Anupama Vurakaranam, FMBA 2019

Sean Lee Your work doesn’t have to be perfect from the start. Throw everything at the wall and see what sticks. Courtney Condit Let’s say you’re set on a particular industry, like Banking, CPG, or Real Estate. Make sure you like how the particular company you’re pursuing operates in that industry. Not every company in an industry goes up to bat in the same way. Sailesh Ramanathan Everything is temporary. Your internship is only for about 10 weeks. Most people don’t stay at one job their entire careers. If you mess up somewhere, you can always redeem yourself. Don’t put too much pressure on where you’re at in any given moment of time. Ryan Burch Since you don’t know the as much technical information, the value you bring is questioning their assumptions. If they are trying to find the best spoon, you ask if eating is the right activity. Thuan Tran “I work for my successor” meaning you wont have this position forever so try to make the job a little bit better for the next person.

GUESS THE MUSTANG

?

See page 37 to find out the answers!

What are you excited to do after graduation? 1. “I’m excited to have more time to make Dallas home and take my nieces and nephews on adventures.” 2. “I can’t wait to get married and honeymoon in Croatia and Greece! That and cash some paychecks…” 3. “I’m most excited to dedicate all of my focus on my new business venture!” MUSTANG BUSINESS JOURNAL VOLUME II, ISSUE IV

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ECONOMY

Now What?

After two years without an income, we will finally recieve a paycheck. How will you spend it? By: Ben Newcome, FTMBA 2019

Springtime is upon us, bringing longer days and gradually warmer weather. Before you know it, the SMU MBA Class of 2019 will be graduating (pause for celebration)! After all the ceremonies are concluded and the proud parents have taken their 522nd photo with you in your cap and gown, there is one lingering question that must be answered: what comes next? If the past is any prediction of future events, then most folks will graduate with job offers including a healthy compensation package and signing bonus. What will we do with these newfound riches? I’m sure there are a slew of “responsible” and “irresponsible” spending choices that will be made in the next couple months, but I would like to take a moment and offer a small piece of advice to my fellow classmates.

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Instead of purchasing that new car or paying off student loans, consider using your new source of capital as an investment in a proven asset class: real estate. I know many of you are thinking, “There is no way I can afford to purchase a home,” and two years ago, I probably would agree with you. Traditional wisdom states that you should have at least 10% as a down payment for a home (ideally 20% to avoid paying property mortgage insurance). Assuming that the average signing bonus for our class is $20,000, then that would only allow someone to purchase a $200,000 home, which are almost nonexistent for this extremely hot real estate market. However, in my time at SMU, I learned a great deal about the world of

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THE NETWORK BAR DALLAS

EST 2017

ECONOMY

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ECONOMY private equity, particularly how many PE firms consistently outperform the market and make their managing partners quite wealthy. For years, PE firms have purchased companies (assets) using incredibly high amounts of debt (sometimes 99% of the acquisition price), paying it off over time and realizing tremendous returns on their original investment. I will note that this is predicated on a firm’s ability to secure financing and choose wise investment opportunities. But the concept remains the same: debt creates higher returns.

and you plan to sell it after 5 years. By the time you are ready to sell, your home is now worth $510,000 and you owe $340,000 left on your loan, leaving you with $170,000 in equity. So, you invested $20,000 and returned

Now let’s take our average MBA graduate with their $20,000 in signing bonus and assume they buy a $400,000 home putting 5% as a down payment. For argument’s sake, let’s also assume there are minimal closing costs, property taxes are roughly $10,000 a year, home owners insurance is $1,000 a year, and their interest rate is 4.5%. Using a simple mortgage payment calculating tool, this person’s monthly mortgage (escrowing all the taxes and insurance costs) would be roughly $3,000 a month for a 30-year mortgage. Let’s also assume that the rent this person would have paid for a similar square footage apartment or townhome would be equal to $3,000 a month. According to the Federal Reserve Database, Dallas-Plano-Irving home prices have been increasing at an average 8.5% per year since 2013. To be conservative, assume your $400,000 house only increases by 5% per year

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$170,000 in 5 years, which has an IRR of 54%. Now you might be thinking, “That sounds great, but what happens if my AC unit goes out, or if my roof gets hail

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ECONOMY damage?” Even if you had to completely replace an HV/AC unit ($7,000 in year 2) and a new roof ($3,000 in year 3), your IRR would still be 48%. Most private equity shops would kill for those kinds of returns.

Now that I’ve convinced you home ownership can be a very wise investment, you might be asking yourself, “When is a good time to go home shopping?” Intuition would tell us that you should try and buy a home

when supply is high, and demand is low in order to get the best deal possible. Using that assumption, you would probably guess that the fall and winter seasons are the best time to purchase a home, considering there will most likely be fewer people looking to purchase a home when children are in the middle of the school year and the holiday season is approaching. In fact, the Federal Reserve collects data on the monthly supply of houses in the US. This is a ratio comparing the number of houses for sale across the US vs the number sold that month. As the chart below demonstrates, the monthly supply of houses peaks between November, December, and January each year over the past 55 years, meaning this is the optimal time to buy a home (when supply is high and demand is low). Meanwhile, the most difficult time to buy a home is during the Spring season (March-May) the when supply of homes drops and demand is high. As graduation approaches and we all move on to begin the next chapter of our professional careers, each and every one of us will be faced with a host of big decisions, one of which could be the prospect of purchasing a home. While some aspects of home ownership can be unpleasant (maintenance, lawn care, neighbors, etc.) consider owning a home as a stable, micro-private equity investment that gives you an opportunity to put your newfound resources to good work.

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THE COX DIFFERENCE

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THE COX DIFFERENCE

EXPERIENTIAL LEARNING By: Kelsey Martin, FTMBA 2019

A large part of obtaining an MBA is being in “learning mode.” First-year candidates balance introductory courses to Finance, Accounting, Marketing and Statistics, and throughout the program students can master specialized skills or paths in a variety of industries. As we learn or revisit subject matters and flex our timed-testing muscles, there are also many opportunities unique to Cox students that allow for real-time company exposure and projects. This list summarizes those experiential opportunities; even if you are graduating or nothing on this list applies to you, take pride in the differentiated experience Cox provides. And if you are a first-year student, take advantage and pursue something you may not have heard of previously.

INSIDE THE CLASSROOM: UNIQUE CURRICULUM OPPORTUNITIES Our location in the heart of the DFW metro allows for a variety of corporate connections via guest speakers and company projects. But the connections go beyond our city; the Global Leadership Program curriculum immerses students into international business and economics. And the campus itself is home to cutting-edge research centers with access to a variety of databases and resources.

DFW COMPANY PARTNERSHIPS •

Real-time case studies and renowned guest speakers

• • • •

Portfolio Management Real Estate Private Equity and Venture Capital Customer Engagement (American Airlines project)

International economies and culture

• • •

Kitt Investing and Trading Center Sheffield Energy Investment Lab Southwest Venture Forum

PRACTICUM COURSES

GLOBAL LEADERSHIP PROGRAM CAMPUS RESOURCES

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THE COX DIFFERENCE

CENTERS & INSTITUTES OF EXCELLENCE: NETWORKS FOR TANGIBLE GROWTH Generous endowments from Cox connections with industry experience make our program home to exclusive resources. These establishments encourage impactful research, provide real company data and problem-solving, and provide another networking touchpoint for students to interact with industry experts. You can find more information on Centers and Institutes by clicking this link. • • • • • • •

Brierley Institute for Customer Engagement Business Leadership Center Caruth Institute for Entrepreneurship Folsom Institute for Real Estate Maguire Energy Institute Niemi Center for Economic Growth and Leadership Development O’Neil Center for Global Markets and Freedom

PUTTING SKILLS INTO PRACTICE: ADDITIONAL OPPORTUNITIES For students interested in taking industry knowledge and business acumen off campus, there are a plethora of competitions featuring industry case studies or entrepreneurial ideation. Cox clubs also depart campus to visit industry companies for exclusive visits and networking opportunities, and the Nonprofit Consulting Program immerses students into local businesses to assist with business needs.

COMPETITIONS • • • • • •

Business Plan Competition via the Cox Entrepreneurship Club CFA Investment Research Challenge Energy Case Competition at UT Austin: Sponsors include Chevron, ExxonMobile, Wells Fargo, and Lazard First-Year Case Competition: Pizza Hut (2016), PepsiCo (2017 & 2018) ITOM Case Competition: Toyota (2017), Lennox (2018) Real Estate Case Competitions (multiple throughout the year)

• • •

Finance: NYC (Wall Street) Marketing and Operations/Analytics: Seattle, Portland Real Estate: Vancouver

Partners include: Scottish Rite Hospital, Boots to Heels, Akola Project, Prism Health, and Dallas Children’s Advocacy Center

INDUSTRY TREKS

NONPROFIT CONSULTING PROGRAM

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CHAMPIONS

THE COX DIFFERENCE

THE 2019 BUSINESS PLAN COMPETITION By: Carl Sykes & Anirban Bhaumik, FTMBAs 2019

AdvisingAI: General BPC Award of $18,122

Founder: Momin Irfan, Undergratuate SMU Student AdvisingAI allows students to graduate in less time with more accomplishments. They license products to universities including automatic 4-year plan makers, transcript explorers and more. The AdvisingAI software helped Momin finish 3 degrees in 4 years, and it’s his mission to extend that same help to other students

EZ Tutor: Technology Award of $15,000

Founder: Aryan Bhatnagar, Undergratuate SMU Student After an impactful Anterior Cruciate Ligament surgery, Founder Aryan passed up the opportunity to play college soccer and found EZTutor as he saw a gap in the education options in his community. EZtutor is a peer-tutoring platform, offering a geolocation based tutoring solution by connecting those in need of assistance to tutors from the same high school. The objective is to utilize high-schoolers to assist other students in an engaging environment, where customers and tutors both benefit greatly.

Pirouette: Honorable Mention with access to advising

Team: Allison Catalani, MC Finney, & Meghan Hanna, MBAs 2019 Pirouette is a mobile ballet barre apparatus with an attached tablet that play live streaming or on-demand barre workouts. Pirouette also has the mobility to move from room to room and can be easily stored.

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THE COX DIFFERENCE

BLC UPDATE By: Kate Hoedebeck

The Business Leadership Center Announces Recognition Luncheon The BLC is excited to announce the date for the 2019 Recognition Luncheon. On Tuesday, April 16th, the BLC will honor MBA students who have achieved Dean’s Circle status and our instructors who have received Teaching Excellence Awards. The event is hosted by Dean Myer, with Edwin L. Cox as special guest. Over 35 MBA students have achieved this Dean’s Circle status, which requires 30 BLC credits, a 3.0+ GPA and achievement of Cox Distinguished Business Leaders status. Teaching Excellence Awards are given to instructors who receive at least 4.8 out of 5.0 on their seminar evaluations. We will honor more than 40 of our BLC instructors on April 16th. This large number is indicative of the high quality of instructors and relevance of topics we are able to bring to campus. There are quite a few students who are very close to achieving Dean’s Circle status. Please contact the BLC if you have any questions

ATTEND BLC SEMINARS THIS SUMMER The BLC offers approximately twenty seminars from May 6 – July 31st. Be on the lookout for the Summer Schedule in early May. Hope to see you there! Click here to sign up.

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THE COX DIFFERENCE

2019 MBA Nonprofit Program Gives Real World Experience For the 16th consecutive year, the Business Leadership Center’s Nonprofit Consulting Program offered students the chance to establish leadership within the community while strengthening their business skills. Five local nonprofit organizations tasked 48 Full-time, Professional, and Executive MBA students to solve some of their most pressing strategic challenges. Projects have marketing plans, business cases, best practice benchmarking and competitive analysis. This year’s partner organizations were Encore Park Dallas, Hillier School, Prism Health North Texas, St. Philip’s School and Community Center, and Texas Scottish Rite Hospital for Children. Our MBA students spent approximately 7 weeks working on their projects which the nonprofits have evaluated and implemented. Our partner nonprofits received valuable strategic recommendations while students gained valuable real-world experience to apply in future careers.

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THE COX DIFFERENCE

SOCIAL PROGRAMING As half of us come to the end of this amazing MBA journey, our graduating VP Social Affairs takes a look at the year-in-review, highlighting his favorite six events. By: Stephen Loughren, FTMBA 2019

FALL SEMESTER

SPRING SEMESTER

Boulevarding: Who could forget the sunny (and very muddy) days on The Boulevard? While the SMU football team tried their best, we were the real winners. Special shout out to all the amazing tailgate dogs and fellow organizers.

Grad Student Closet Clean-Out & Networking in the Design District: Spring Cleaning done the right way.

Halloween: Happiest Hour in Uptown was as spooky as it was scenic. From Bob Ross to Star Wars to a variety of cute animal costumes, I was impressed with the creativity of the costumes. Casino Night: I’m most proud of this event. We filled up the entire EY gallery with friends and family, and gambled like we were Art Selender. Thank you to everyone who brought their “funny money” game faces and to the students and faculty who made this a huge success its first year. Maybe future invite lists can include alumni so I can come back and attend? Tacky Sweater Holiday Party: Ugly sweaters and tacos - what more could you ask for? Blowing off steam after finals never looked so… bad.

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Cox & Dedman Networking Event: An event that should be happening every year! MBAs and JDs made new connections that will be mutually beneficial throughout our careers. One MBA Event: Our most recent event brought together the entire Cox MBA family. For the first time ever, the EMBA, PMBA, FTMBA, One Year MBA, and alumni were all under one roof. Thank you to the 150 folks who attended and supported this event! I have enjoyed the opportunity to put together what I hope to have been memorable, impactful events during my time as VP Social Affairs. Thank you to all who participated in the many events and I wish you all good fortunes in your new endeavors. See you at MBA Prom on

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THE COX DIFFERENCE


CLUB SPOTLIGHT

Better Together Each issue, we feature a few of our amazing MBA clubs. Run by students and supported by faculty and business leaders, involvement is a great way for students to learn and build relationships.

SPORTS & ENTERTAINMENT BUSINESS ASSOCIATION Our goal is to connect students interested in sports and entertainment careers with industry leaders, and to educating casual fans about the businesses of sports, music, and film. Are you interested in pursuing a career in sports, music, or film after graduation, or are you just curious about the businesses behind your favorite teams and performers? SEBA aims to serve both groups by providing engaging and memorable events for our members. Highlights from last year include a panel with the COOs of the Stars and Mavericks and a VIP Tour of The Star in Frisco, the practice facility of the Dallas Cowboys.

CASK & BARREL CLUB President: Michael Creme, JD/MBA 2020 mcreme@smu.edu Cask and Barrel Club is the beer, wine, and spirits club for the graduate students at Cox. Our mission is to both educate our members on the intricacies of adult refreshments and to enjoy our time doing so. We will help you leave business school with a better appreciation for quality drinks.

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The Sports and Entertainment Business Association on a VIP tour of AT&T Stadium.

Presidents: Casey Fraser, JD/MBA 2019 cfraser@smu.edu


CLUB SPOTLIGHT

Allison Catalani wins the Elevator Pitch Competition.

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CLUB SPOTLIGHT

First-year MBA students enjoying one of the most popular events of the year: the annual Adam Smith Society Cornhole Competition

ADAM SMITH SOCIETY President: John Sampognaro, FTMBA 2019 jsampognaro@smu.edu The Adam Smith Society is an expansive, chapter-based association of MBA students, alumni, and business leaders who work to promote debate and discussion about the moral, social, and economic benefits of capitalism. The Adam Smith Society provides a venue where members can engage in meaningful dialogue about free enterprise with fellow students professionals, prominent figures, journalists, and public officials. Launched in 2011, in partnership with the Marilyn G. Fedak Capitalism Project, the society has grown to more than 30 chapters at elite business school campuses and major cities in the U.S. and abroad.

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CLUB SPOTLIGHT

COX RUGBY FOOTBALL CLUB President: Matt Miller, FTMBA 2019 matthewms@smu.edu The SMU Cox Rugby Football Club fosters a competitive sports environment with professional and social opportunities for graduate students and alumni. Come out and experience the best club at SMU! The Cox RFC team requires little commitment and is a great opportunity to develop relationships with Cox alumni and students from other MBA programs. Since 1999 Cox RFC has been traveling to Virginia to compete in the annual MBA Rugby World Cup, which is the highlight event of the year. Last year the team placed third with wins over Wharton, Yale, and Columbia. No experience is necessary!

JEWISH BUSINESS CLUB President: Dash Krause, FTMBA 2019 dakrause@smu.edu The objective of the Jewish Business Club is to serve as a resource to develop, inform, support, and enrich the Jewish community on campus. The Jewish Business Club welcomes individuals from any background interested in celebrating diversity with fellow classmates. In the spring we had a happy hour to celebrate the Jewish holiday, Purim. This is one of the best holidays of the Jewish calendar where everyone dresses up in costumes like Halloween! Members of the the Adam Smith Society ate lunch with the President of Dallas Chamber of Commerce.

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COX TRAVELS

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VOLUME II, ISSUE IV MUSTANG BUSINESS JOURNAL


COX TRAVELS

Study Abroad

Two MA/MBA students look back on memories of the 2019 study abroad program in Milan.

By: Alex Lilly, MA/MBA 2019 As part of my dual degree, I had the chance to study abroad at Bocconi University, known affectionately as the “Harvard of Italy”, in Milano, Italy, for the fall semester of my second year. This wasn’t my first study abroad experience. During my undergraduate, I also had the opportunity to spend a semester in London and a summer in Shanghai. As cliché as it sounds, I had the time of my life. I was living the Italian dream – I lived in an apartment on a street lined with boutiques and restaurants, passed Roman ruins on my walk to class, made life-long-friends from countries around the world, ate delicious pasta, traveled most weekends, attended extremely interesting courses taught by passionate professors, explored museums, and wandered through open-air antique markets. I used the semester for self-discovery and pushed myself out of my comfort zone. For starters, I’m TERRIFIED of heights, so I went paragliding in Switzerland. I also made amazing memories. I hiked a glacier with Julia Farina, ate the world’s best gelato in a stone medieval city, sun bathed on a secret beach on the Amalfi Coast, traveled to Naboo including a visit to Villa Balbianello, explored a tomb made of bones, and showed my family around Italy. Over the course of my semester, I traveled to: Copenhagen, Iceland, Bern, Interlaken (twice), Zurich, Brussels, Bruges, Antwerp, München, Amalfi, Positano, Crema, Bologna, Firenze, Roma, Pisa, Siena, San Gimignano, and Como. This opportunity is what sold me on the SMU MA/MBA program, and it did not disappoint. I grew personally, professionally, and gained much needed direction - all by getting lost in a foreign country MUSTANG BUSINESS JOURNAL VOLUME II, ISSUE IV

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COX TRAVELS By: Julia Farina, MA/MBA 2019 This past fall I lived in Milan, Italy, for 4 months while I studied at Bocconi University. During my free time, I traveled to England, Iceland, Germany, Switzerland, France, and throughout Italy. Some of these trips were with my trusty sidekick, Alex Lilly, and some I ventured alone. As you plan your summer vacations, I would like to offer you some advice: Do at least one activity that scares you. While in Interlaken, Switzerland, this was paragliding. This turned out to be a great solo activity, because it’s just you and the instructor flying and floating around. In Iceland, this was a glacier hike. Alex and I did this together which meant a built-in photographer to capture you on the amazing (but sadly melting) ice. Talk to strangers. There were a number of times where I struck up conversations with both locals and other travelers and every time it lead to either great inside information (like the best places to visit in Bern, Switzerland, drawn on a map for me by a 60-something jewelry store owner who happened to be sitting at the table next to me) or at the very least a funny story.


COX TRAVELS

Do your research. Alex was the ying to my yang this fall and always did extremely thorough research anytime we were traveling together. Me? Not so much. Sometimes going with the flow is great and will lead you to amazing experiences and people. Other times, it can lead to problems. Do your research, but schedule in time for the unexpected. Relax, have fun and be grateful. This seems pretty obvious, but sometimes you can get caught up in planning, making sure you’re doing enough, or going to the right places to capture the perfect photo for social media. At the end of the day, you are amazingly lucky to even be traveling. You just got an MBA – amazing. You can travel for leisure – amazing. You have friends and family who care enough about what you are doing to be checking your Instagram – amazing. Take a moment to appreciate all this. Congratulations on graduation and ENJOY your trip!

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LIFESTYLE

DISCOVERING DALLAS By: Kelsey Martin & Anirban Bhaumik, FTMBAs 2019

In the final edition of Discovering Dallas, we are honoring the classmates who joined us on the Cox campus from all over the world by featuring some of the best international cuisine. With the Global Leadership Program around the corner, Class of 2020 students will soon immerse themselves in new cultures; if you ask any second-year student about their GLP experience, it is likely the local food will come up (I still dream of the ramen I ate on the first day in Tokyo). And as the Class of 2019 graduates, many students are taking time to travel with friends and family around the world before beginning their next career phase. Regardless of your upcoming plans, the DFW metro is home to incredible restaurants that allow you to experience new foods and flavors without a plane ticket or time off from work or school. Thank you to Anirban Bhaumik, FT MBA 2019, who has served as our local expert on new ways to discover Dallas. His top picks are below; click to learn more from the thousands of other locals who shared their reviews on Yelp.

INTERNATIONAL CUISINE IN DALLAS Ethiopian 1. Desta Ethiopian Kitchen Korean 2. Gen Korean BBQ House Chinese 3. Kirin Court Peruvian 4. The Brasa 5. Nazca Kitchen Indian: 6. India 101

7. Bombay Chowpatty Japanese: 8. Kura Revolving Sushi Bar 9. Sushi Sake, 10. Yama Sushi Mediterranean: 11. Ephesus Mediterranean Grill Poland: 12. Taste of Poland Russian 13. Russian Banya

(Anirban saw statistics professor Ed Fox at Yama Sushi; he also recommends.)

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LIFESTYLE

Mustang Milestones Congratulations to our fellow MBAs who are tying the knot and beating competition. We are so happy for you! Left: Two’s a pair. 2019 graduates Kelsey Martin and Stephen Loughren are getting more than a MBA from SMU. On March 9th, Stephen proposed to Kelsey. She said yes! The couple will be moving to Perth, Australia after graduation and plan to get married in the fall. Below: On March 1st, SMU competed in the prestigious 27th Annual Duberstein Moot Court Competition, hosted by St. John’s in New York City. Sixty teams from across the country competed, and SMU was announced as the National Champions! JD/MBA, Michael Creme was also awarded second best oralist. Other team members included law students Gina Mills and Austin Brakebill.

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LIFESTYLE

Above: Join me in congratulating Kevin Patel, FTMBA 2019 on his marriage to beautiful bride Bindi on March 23rd. The newlyweds said their vows in front of family and friends at the Horseshoe Bay Resort in the Texas Hill Country.

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Photo Credit: Kate Trimper

Our Team Kelsey Martin Managing Editor

Katie Stumbo Editor-in-Chief

Maggi Cerruti Copy Editor

Answers to “Guess the Mustang” on page 12: 1. Julie Jarrett 2. Caldwell Moore 3. Browning Vaughn

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VOLUME II, ISSUE IV MUSTANG BUSINESS JOURNAL