UNDERGRADUATE BUSINESS 2012-2013
A WORLD OF EXPERIENCES Olin Signature Program
Consider this: A good business school teaches management fundamentals and covers the functional areas of an organization. A great business school 足transforms the way you think, lead, and give back to the world community. What distinguishes Washington University in St. Louis? Ron Klein
Academic excellence. Pioneering research. Innovative practices. And organizational and environmental stewardship. Majors and Minors
A World of Experiences
2 Applied Learning 4 The Sophomore Experience 6 Going Places 8 The Junior Experience 10 Building Your Career Foundation 12 The Senior Experience 14 Living Your Dreams 16 Start Your Experience Now 17 The Freshman Experience
Front cover graduation photo: Jon Furst
Scan with your smartphone to view information on majors and minors or go to http://www/olin.wustl.edu/ academicprograms/BSBA/ MajorsMinors
Experience ... Standing Out. Talk to Washington University students and you hear the same comment repeatedly: “Students really do matter here.” The size of each BSBA cohort — about 160 students per entering class — allows professors to take an individualized approach to management education. Accessibility and responsiveness are Olin faculty trademarks. Professors know you by name and encourage you to take an active role in your learning.
Experience ... Flexible Curriculum. You develop an academic portfolio that meets your education and career objectives. Pursue a major or two from among Accounting, Economics & Strategy, Entrepreneurship, Finance, Health Care Management, International Business, Marketing, Operations & Supply Chain Management, and Organizational Behavior & Human Resources Management. Leverage Washington University’s reputation for excellence — and increase your marketability by earning your business degree in combination with a major or minor from the College of Arts & Sciences, the School of Engineering & Applied Science, or the Sam Fox School of Design & Visual Arts. Or combine your BSBA with a Master of Accounting (MACC), a Master of Science in Finance (MSF), or a Master of Science in Supply Chain Management (MS/SCM). Or check out Olin’s highly selective 3+2 MBA Program, which allows you to earn a BSBA and MBA in five years instead of the typical six. Health Care Management The centerpiece of Olin’s major and minor in Heath Olin Signature Program
Care Management is “Olin Grand Rounds: The Business and Practice of Medicine.” A team-taught faculty collaboration between Olin Business School and Washington University’s School of Medicine, “Olin Grand Rounds” engages you to better understand health care organizations.
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The Freshman Experience Ultimately, what brought me to Washington University was a combination of the types of people I met and the university’s willingness to support students. When I traveled to campus for Spotlight, Olin’s admitted students’ event, it became clear to me that the atmosphere here was different from those at most other top-tier universities. Everyone was so friendly, and it seemed like students were more than willing to help one another with academics. I also liked that, as a student at Olin, not only would I be able to take courses outside the business school, but I would actually be encouraged to do so. This was important to me, because I knew that I wanted to study another subject along with business.
My first semester at Wash U was a blast. I enjoyed the experience of meeting new people and making friends. I found my introductory business courses engaging and pertinent to business in the real world. My classes were c hallenging, but manageable.
Olin Signature Program
”
—Michael Land
The Olin Experience A year-long sequence, team-taught by senior faculty, program staff, and academic advisors. Fall Semester Spring Semester • Thinking critically about business • Spreadsheet modeling using Excel • Understanding business disciplines • Team-based case analysis and presentation
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Olin Business School | www.olin.wustl.edu
MICHAEL Land
Hometown: Vienna, Virginia
MICHAEL’S Freshman COURSES Fall Semester The Individual in a Managerial Environment The Olin Experience (A) Intermediate French 3 Calculus II Introduction to Environmental Policy Spring Semester Microeconomics The Olin Experience (B) Principles of Financial Accounting Calculus III Writing 1 Managerial Statistics I
high school James Madison High School education
BSBA Class of 2015
majors
Finance (Olin); Environmental Policy (Arts & Sciences)
minor Energy Engineering (Engineering & Applied Science) internship
Summer 2012 — ENVIRON International, Arlington, Virginia
Scan with your smartphone to view information on student life or go to http://www.olin.wustl.edu/academic programs/BSBA/StudentLife
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Applied Learning
L
earning to take initiative and to think differently — that’s the strength of Olin. Bottom line: Olin creates leaders, not just doers.
You need to be able to take what you learn to the street. Washington University provides a wide range of courses, competitions, and projects that give you on-the-job experience.
CENTER FOR EXPERIENTIAL LEARNING
Karen Elshout
We are one of the first business schools in the nation to establish a formal center for applied learning. The Center for Experiential Learning (CEL) programs reinforce the business curricula and other school initiatives, as they have for almost 20 years. Equally important, the programs provide cost-effective or pro bono management expertise to St. Louis-area businesses and nonprofit agencies. In short, CEL offers a wide range of opportunities for Olin students, enabling them to apply their business skills: grow endowment or investment funds, research products and services, analyze marketing strategies, evaluate lean manufacturing processes, and earn academic credit for these experiences.
Skandalaris Center for Entrepreneurial Studies A catalyst connecting Washington University Signature Program
Washington University’s seven schools to one another and to the stakeholders in our community, the Skandalaris Center supports entrepreneurship and inno vation. Accelerating innovation is critical to Washington University’s role as a leading academic institution and a key pillar of a world-class university that invites our faculty, students, and the surrounding community to be leaders in a fastchanging global world.
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Olin Business School | www.olin.wustl.edu
“ Education, when Olin Outreach: Applying Business Skills for Olin Signature Program
Social Impact Olin Outreach empowers you to
coupled with passion to make a difference,
apply your business knowledge and skills to the
becomes a formi-
nonprofit sector. Through this partnership between
dable tool. This is why
Olin Business School and the Gephardt Institute
civic engagement and
for Public Service, you learn about the nonprofit sector, including how it differs from the for-profit
Recent olin outreach partners
sector. Throughout the semester, you work
are primary values
with one nonprofit agency to address a
of Washington
business problem that the agency is facing,
University.”
Asthma & Allergy Foundation of America
presenting it with recommendations regarding
BEGIN New Venture Center
its options in addressing and implementing
Central Agency for Jewish Education
viable solutions.
Circus Harmony
community service
—Mark S. Wrighton, Chancellor
College for All Fathers’ Support Center, St. Louis The First Tee Gateway Greening
Jon Furst
Gateway 180 International Institute Jewish Community Center Jewish Community Relations Council Jewish Federation of St. Louis Kids’ Place, Inc. Kingdom House KIPP: Inspire Academy The Mission Continues Pathways to Independence PresenTense RAVEN Ronald McDonald House Charities Rupununi Learners St. Louis Hillel at Washington University St. Louis Language Immersion Schools United Way of Greater St. Louis Venturing Out Women’s World Banking Youth in Need
“ The Olin Outreach service-learning projects are e xcellent examples of partnerships between Washington University and the St. Louis community. S tudents apply academic learning and technical expertise, and community partners benefit through increased capacity and tangible results.” — Amanda Moore McBride Director, Gephardt Institute for Public Service Washington University
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The Sophomore Experience
AUSTIN Spurlock
Hometown: Beckley, West Virginia high school Woodrow Wilson High School
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education
BSBA Class of 2014
major
Organizational Behavior
Focus
Pre-Med
internships
Summer 2011— United Way of Greater St. Louis Summer 2012— Center for Experiential Learning
Olin Business School | www.olin.wustl.edu
Austin’s Sophomore Courses Fall Semester Management Communication Organization Behavior with the Firm General Chemistry I and Laboratory Managerial Statistics I Building Your Career Foundation MedPrep — Experiences in Life Sciences
Spring Semester Principles of Biology I General Chemistry II and Laboratory Negotiation Principles of Managerial Accounting
Washington University has definitely exceeded my expectations. I have enjoyed my classes, my classmates, my professors, and my extracurricular activities more than I thought I would when first accepting admission. The biggest surprise has been how easy it is to get involved in the university. With over 300 student groups, there really is something for everyone. I am involved with NETimpact, the Olin Sustainability Case Competition Committee, and DOT — Do One Thing — campaign. NETimpact is a sustainably focused business group that has two goals: 1) to help each member find a job that helps them do well for themselves while doing good for the world, and 2) to create changes around the Wash U campus that make a positive impact.
I am planning to become a doctor. Physicians work in dynamic, complex environments. I chose to complement my pre-med studies with organizational behavior to learn techniques to create a positive and productive workplace that will benefit my patients.
”
—Austin Spurlock
DOT — Do One Thing (for Sustainability) The national Do One Olin Signature Program
Thing is about you and the things you care about. You choose one thing you are passionate about changing in the world and alter one action in your routine lifestyle that works toward making that change a reality. DOT@Olin is an ongoing project of Olin’s NETimpact/Undergrad.
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Going Places
lobal experience is invaluable in an interconnected world marketplace. Olin offers a wide variety of international study opportunities. Take advantage of short-term, summer, or semester-long immersive programs. Or consider an internship while studying abroad.
Copenhagen, Denmark
Maastricht, Netherlands
London, England
Vallendar, Germany
Milan, Italy Madrid, Spain
Paris, France Barcelona, Spain Herzliya, Israel
Olin Signature Program
Sao Paulo, Brazil
European Study Tour
“ The European Study Tour was a great experience. We were assigned to Romania. We conducted in-depth interviews with the minister of foreign affairs and U.S. Embassy officials to understand the progress the country has made since the fall of communism and to prepare for the mock parliament debate. We truly learned a lot about the European Union.” Above: David Kanoff and Max Walker, both BSBA ’12, and Bill Restemayer, BSBA/MS/SCM ’12, pictured at Dracula’s castle in Romania. Students participate in the European Study Tour before their internships. Teams visit different countries to research an issue facing the EU. Once concluded, all meet in Brussels for a mock parliamentary debate.
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Olin Business School | www.olin.wustl.edu
Jon Furst
Emerging Markets “ Business, Innovation, and Entrepreneurship in Israel� is a semester-long course for undergraduates. Hong Kong
Students research and present an industry or company. The class visits Israel during spring break to conduct meetings and briefings with business leaders,
Singapore
politicians, and Washington University alumni.
Olin has expanded its global footprint through strategic partnerships:
Sydney, Australia
Melbourne, Australia
Internship-based study programs London, England Paris, France Vallendar, Germany Herzliya/Tel Aviv, Israel Sydney, Australia Washington University in Shanghai, China
academic study and language programs Hong Kong University of Science and Technology Chinese University of Hong Kong Singapore Management University University of Melbourne (Australia) ESADE Business School (Barcelona, Spain) Carlos III (Madrid, Spain) Bocconi University (Milan, Italy) ESCP Europe (Paris, France) WHU Otto Beisheim School of Management (Vallendar, Germany) University of Maastricht (The Netherlands) DIS (Copenhagen, Denmark) Scan with your smartphone to view information on international study or go to http://www.olin. wustl.edu/academicprograms/ 10 BSBA/InternationalStudy 10
Peter Cleary
The Junior Experience I always wanted the opportunity to travel abroad, and Olin’s program seemed like an ideal way to grow — professionally and personally. I was eager for the opportunity for an additional internship, and was especially fortunate to have an internship at the Westpac Foundation, which is exceeding my expectations. I believe studying abroad will differentiate me in future application processes. Studying abroad in Sydney, Australia, was the ideal choice for me. I am extremely fond of the combination of business, arts, and nature that permeates the culture in Sydney. I am gaining corporate experience, but also being exposed to new cultures. I am sure to have a more mature perspective and greater a ppreciation of both cultures when I return to the United States.
Peter Cleary
I was particularly interested in social entrepreneurship and how innovation can revolutionize the nonprofit sector. I had a great summer internship at Connections to Success, a local nonprofit that allowed me to see the process of creating sustainable programming.
”
—Joelle DeVigne
International Internship Program For 25 years, we have been Olin Signature Program
incorporating full-time internships into select semester-long study abroad programs. Today we offer internships in six international destinations and two U.S. cities — Washington, D.C., and New York.
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Olin Business School | www.olin.wustl.edu
Joelle DeVigne
Hometown: Albuquerque, New Mexico
JOELLE’S JUNIOR COURSES Fall Semester/St. Louis Consumer Behavior Communication Design I Principles of Managerial Accounting Management Science Planning for International Learning Marketing Research Spring Semester/Sydney Cross-Cultural Management International Marketing Applied Research Project International Internship in Business
high school Albuquerque Academy education
BSBA Class of 2013
majors
Marketing, Organizational Behavior
minor
Psychology
internships
Summer 2011 — Connections to Success, St. Louis, Missouri Spring 2012 — Westpac Foundation, Sydney, Australia
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Building Your Career Foundation
So how does Washington University give you a more competitive advantage in the marketplace? Olin’s Weston Career Center team gets you ready for business, providing expertise, counsel, and resources to lay the foundation for your lifelong professional development. Your partnership with the career center begins your first semester, continues into “Building Your Career Foundation — Strategies and Techniques,” a fall-term course taken your sophomore year, and progresses as you make decisions about internships and employment. You discuss your interests and goals with an advisor, and develop a targeted strategy to meet those objectives. You also complete self-assessments … research industries and companies … refine your résumé and cover letter … create a marketing plan that promotes your brand and outlines your value proposition to potential intern providers and employers … and perfect an “elevator pitch” that summarizes your strengths and prepares you for networking events.
Organizations that hired Olin BSBAS for full-time or internship positions:
Ron Klein
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Olin Business School | www.olin.wustl.edu
Accenture aisle411 Anheuser-Busch InBev Answers.com Ascension Health Astraeus Wealth Advisers Bain & Company Bank of America Merrill Lynch Bank of Japan Barclays Capital Barnes-Jewish Hospital Best Buy Bloomingdale’s Boston Consulting Group Brookfield Properties Brown Brothers Harriman Brown Shoe
Cantor Fitzgerald Capital One China Merchants Fund Chubb & Son Inc. Citi Clorox ConAgra Foods Credit Suisse Crowdtap Deloitte Consulting DIRECTV Edward Jones Epic Systems Corporation Ernst & Young Everbank.com FactSet Research Systems Federal Housing Finance Agency
We’ll help coach you to develop your individualized plan.
Ron Klein
Four-Year Action Plan
1
Freshman Year
This is a time of exploration and information gathering. Start the process now to make informed choices about possible careers.
2
Sophomore Year
Pursue activities, interests, and related classes that add to your résumé and overall experiences. Prepare yourself to make decisions about your major and develop internship strategies.
3
Junior Year
Gain solid experience in your field through internships, volunteerism, class projects, practicums, and clubs. Work with a career advisor to develop your internship search strategy.
BSBA Class of 2011 full-time EMPLOYMENT STATISTICS Placement and Median Annual Salary by Industry Financial Services: 35%, $70,000 Consulting: 17%, $70,000
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Consumer Products: 10%, $52,000
Senior Year
This is the home stretch. Meet with an advisor to refine your job or graduate school search strategies. Don’t delay — application deadlines and on-campus recruiting start early in the academic year.
Financial Technology Partners Franklin Templeton General Mills Goldman Sachs Google Groupon HBO Health Capital Consultants Hotchkis & Wiley HSBC IMAX International Paper J. Walter Thompson Jefferies and Company JPMorgan Chase Kurt Salmon Associates LaForce + Stevens
PR/Advertising: 8%, $50,000 Retail: 7%, $52,000 Health Care: 6%, $59,000 Other: 17%, $53,000
Other includes Entertainment, Government, Nonprofit, Technology, Transportation
Land O’ Lakes Lazard LeadDog Marketing Group LifeCellar Macy’s Mastercard International Maximus MB Financial, Inc. McCann Worldgroup McKinsey Mercer Capital Management Meredith Communications Merrill Lynch Momentum Inc. Morgan Keegan Morgan Stanley Morningstar, Inc.
Nestlé Purina PetCare Nidus Capital Partners Nielsen Company NISA Investment Advisors, LLC Nomura Group Northern Trust OMD Peabody Energy Pearl Meyer & Partners Perella Weinberg Partners PNC Financial Services Group Procter & Gamble Rawlings Sporting Goods Raymond James RBC Capital Markets RubinBrown Sagent Advisors
Saks Incorporated Scottrade Shattuck Hammond Partners Target Teach For America Toys “R” Us Triage Consulting U.S. Congress UBS Union Pacific United Health Group Urban Outfitters Walt Disney Company (The) Washington University Wells Fargo Yelp
Scan with your smartphone to view information on building your career foundation or go to http://www.olin.wustl.edu/ academicprograms/BSBA/Careers 10
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The Senior Experience
KIRSTEN Miller
Hometown: Omaha, Nebraska
high school Millard North High School education
BSBA Class of 2012
majors
Economics & Strategy (Olin); Economics (Arts & Sciences)
SECONDARY International Business major internships
Spring 2011 — Member of British Parliament, London, England, United Kingdom
Summer 2011 — Bain & Company, Dallas, Texas
Future Plans Associate Consultant, Bain & Company, Dallas, Texas
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Olin Business School | www.olin.wustl.edu
Kirsten’s Senior Courses Fall Semester Elementary Swedish I Honors in Management I Operations Management Microeconomics of Public Policy Spring Semester Empirical Techniques for Industry Analysis Honors in Management II Business, Government, and the Public Development Economics Public Finance Business Strategy Taylor Community Consulting Project
I think one of the best things that Wash U taught me was to go into everything with an open mind and know that I have the skillset to be successful. This mantra applied to nearly everything: my internship – I went in wanting to learn everything, but knowing what I could offer to my employer; traveling – I can drop myself in any foreign country and find the resources to get around and have fun. I have always been interested in how companies work and what makes them successful. I love that case competitions let me apply the things that we learn in class to real-world companies with real problems. It really proves that what we learn in the classroom is applicable and useful, and reminds me why we learn all the things that we do in Olin.
I most look forward to staying in touch with my friends who are going all over the world doing amazing things. I’ll know lawyers and doctors, people starting tech companies and working at investment banks in China. Wash U is small enough that we want to help Jock Fistick
other alumni, and the atmosphere that we have here carries over to the professional world.
”
—Kirsten Miller
Honors in Management Student pairs design, undertake, and deliver Olin Signature Program
an original, applied research project through this year-long collaborative seminar team-taught by multiple senior faculty members. Olin students often present their research at conferences on campus and elsewhere, and occasionally publish a paper from their research.
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Living Your Dreams
W
ashington University alumni can do anything. What Olin graduates learn applies on Wall Street as well as Main Street. Regardless of where your
dreams lead you, we stay connected with you for a lifetime. jason’s Recipe for Success: a dream come true With rave reviews from celebrity chefs and flattering coverage in The Wall Street Journal and The New York Times, Xi’an Famous Foods is on the lips of every New York foodie.
The 23-year-old entrepreneur thought he’d follow a corporate career path after graduating from Olin Business School, but saw the potential in his father’s tiny storefront noodle shop in Queens, which had grown in popularity while he was away at college.
Jason Wang, BSBA ’09, is seducing customers with hand-pulled n oodles, stewed pork burgers, and spicy lamb infused with cumin — all specialties from his father’s native city, Xi’an, in China.
In less than two years, Wang has opened three new locations in Manhattan and one in Brooklyn. Plans are in the works for two more restaurants and a warehouse-sized kitchen facility to prep food and produce a line of frozen products for retail sales. Wang says he’s applying what he learned about marketing and management at Olin on a daily basis to his burgeoning restaurant empire. His Hatchery class taught him a lot about planning a startup even though his project for a dorm room cleaning service didn’t pan out.
Jennifer Weisbord
During an interview at his East Village location on St. Mark’s Place, Wang hauls a huge black garbage bag from the front door of the restaurant out to the curb. He smiles and says: “Being a manager in this business means you do everything. It’s a lot of work. It’s not glamorous, but it is rewarding.” Watch videos of Jason Wang with famous chefs at xianfoods.com/
The Hatchery — Business Planning for New Enterprises In Olin’s Olin Signature Program
capstone entrepreneurship course, students form teams around a commercial or social venture idea proposed by a student or community entrepreneur. Each team creates a comprehensive business plan from idea conception to delivery of the product or service.
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Olin Business School | www.olin.wustl.edu
Start Your Experience Now Applying for Admission At Washington University, you can count on personal attention, beginning with the application process. Our admission committee reviews each application individually and personally, looking for students who have challenged themselves inside and outside the classroom. For specific details on how to apply, refer to the 2013 Undergraduate Viewbook and the instructions accompanying the Pre-Application Data Sheet. Washington University encourages and gives full consideration to all applicants for admission, financial aid, and employment. The university does not discriminate in access to, or treatment or employment in, its programs and activities on the basis of race, color, age, religion, sex, sexual orientation, gender identity or expression, national origin, veteran status, disability, or genetic information. Inquiries about compliance should be addressed to the Vice Chancellor for Human Resources, Washington University, Campus Box 1184, One Brookings Drive, St. Louis, MO 63130. Scholarships and Financial Assistance
• No-loan assistance packages
• Free and easy one-page
for families with low incomes
financial assistance application
• Financial assistance awards
• Individualized attention with your
that range up to the full cost
own financial assistance counselor
• Merit-based scholarship programs • Need-based scholarships and other financial assistance
Scan with your smartphone to view information on admissions or go to http://admissions.wustl.edu
• A commitment to helping you throughout your undergraduate years •L et’s start the conversation early — we want to help.
To learn more about Olin Business School:
To learn more about Washington University:
Olin Business School Undergraduate Program
Office of Undergraduate Admissions
Washington University in St. Louis Campus Box 1133 One Brookings Drive St. Louis, Missouri 63130-4899 314-935-6315 bsba@olin.wustl.edu www.olin.wustl.edu
Washington University in St. Louis Campus Box 1089 One Brookings Drive St. Louis, Missouri 63130-4899 800-638-0700 or 314-935-6000 admissions@wustl.edu admissions.wustl.edu
Scan with your smartphone to view information on scholarships or go to http://admissions.wustl.edu/ scholarships
Scan with your smartphone to view information on financial assistance or go to https://sfs.wustl.edu
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Campus Box 1089 One Brookings Drive St. Louis, MO 63130-4899
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100% POSTCONSUMER RECYCLED PAPER
On-campus residence hall and food court entrance
VISIT US! While you can find plenty of additional information on our website, nothing takes the place of a visit. That’s the only way to feel the energy and witness classroom interactions, see the facilities, meet the professors, and hear firsthand how research-driven thinking permeates everything we teach and do.
“We have a great reputation for academics, but it’s very important to visit the university to see our community in action,” says Mahendra Gupta, dean of Olin Business School. “There’s so much to experience: the people, campus life, culture, and our great city.” To get more details or to plan a visit tailored to your interests, call the Office of Undergraduate Admissions:
800-638-0700 or 314-935-6000
If you receive more than one of this mailing or prefer not to receive paper mail, please contact the Office of Undergraduate Admissions at admissions@wustl.edu.