Category Archives: Student Life

Happy Holidays from the Foster School

With the holiday season officially upon us, what better way to celebrate than with a Foster re-telling of a Dr. Seuss holiday classic? Be sure to follow along with the lyrics (posted below) and don’t miss the special cameo from our very own Dean Jiambalvo.

Every student at Foster liked business a lot…
There’s time for much study, but suddenly there’s NOT!
For Winter is Coming and with it vacation,
But first survive finals with much caffeination.
Supply and demand curves a theorem by Bayes,
Four P’s and five forces, they’re all in a daze;
Then everything’s done thus a change in the mood–
Time for skiing and sleeping and much gratitude…

…For PACCAR and Dempsey halls, and our dear mentors,
B of A and Eastside Executive Centers
Our holiday wish for a brand new “Mackenzie”
Is only because of the Foster growth frenzy.
Our grads go to work at the best places really
From Amazon to PATH to Starbucks to Zulily!
Oh the places we study, research, teach, and work
Cast out ghosts of Balmer with a satisfied smirk.

Heading out we may chance upon Pete Dukes, the Prof
For whose kindness and wisdom we all say, “hats off!”
There’s teaching award maven Jennifer Koski
And Sefcek, Accounting’s own Big Lebowski,
Look: Ed Rice, Frank Hodge and Deborah Glassman!
Plus Xiao-Ping… Dawn Matsumoto… Thaddeus Spratlen;
Foster faculty’s A-plus for research AND for teaching
So we shoot for the stars—and we’re not overreaching

Our business community’s vibrant indeed;
Our students? Work ready and all set to lead.
And they’ll LEAD! And they’ll LEAD! And they’ll LEAD
LEAD! LEAD! LEAD!
Yet there’s still something for their advancement they’ll need.
A text, if you will, of no small erudition
Available now in a new fifth edition
For business success is not mere intuition!

They’ll come back next month. We shall help them succeed.
Then they’ll read, and they’ll read, and they’ll read
READ! READ! READ!

If our rhyme’s turned out badly, we ask your forgiveness,
With warm holiday wishes from the Foster School of Business.

STUDY ABROAD PHOTO CONTEST WINNERS 2014

Over 300 University of Washington Foster School of Business undergraduate and MBA students studied or interned abroad last year.  These photos and short descriptions are a small taste of the transformative educational experiences these students have each year.  The UW Global Business Center held a competition for the best student photos in two categories: Foster Abroad and My Global Lens.

Santos_Malaysia_FA

1st Place Foster Abroad: Hitchhiking in George Town

Experience abroad: Jeremy Santos, Foster School Exchange Program at the National University of Singapore.  Studying and living abroad gave me the opportunity to see, hear, and taste new things. The experience knocked me off my feet!”

Gardner_Prague_FA

2nd Place Foster Abroad: Dawg Pack in Prague - Our program contributed to the Lennon Wall in Prague by spray painting a W and showing our Husky spirit abroad.

Experience abroad: Jessica Gardner, UW CHID Program in Prague.  “I spent 10 weeks studying abroad in Prague and visiting surrounding areas learning about how different groups and countries learn about history and how this represents who they are today. I immersed myself in Eastern Europe culture and felt that I gained a greater appreciation for different cultures and discovered how I want my business career to be internationally focused.”

McCarthy_India_MGL

1st Place My Global Lens - The Last Potter: This man was the last potter in his village, as his only son pursued a different career. I love how his grin shows how proud he is of his work!

Experience abroad: Alexandra McCarthy, Foster School Exploration Seminar in India.  “Studying abroad in India was nothing short of amazing. I absolutely fell in love with the people and the culture. From their colorful clothing to breathtaking temples, India is by far one of the most beautiful countries I’ve been to.”

Beam_Spain_MGL

2nd Place My Global Lens – A Man and His Dog: It’s not every day that you get to wander through the mountains of Northern Spain. Even more rare is meeting this man who has lived in a stone hut in the mountains his whole life, swapping stories over the cheese he makes from the cows that roam nearby, using smiles to convey what my broken Spanish could not.

Experience abroad: Bonnie Beam, Foster School Exchange Program at the University of Navarra in Spain.  “My time abroad has been challenging, awkward, hilarious, embarrassing and most importantly, has opened my eyes to things I would have not seen otherwise. I have been humbled by how much I have to learn and am extremely grateful for every single person who has taken the time out to teach me something new; from teaching me a simple phrase to showing me how to play pádel to divulging the secret to making the perfect roscillas, I am a better person because of it all and I owe it to the lovely citizens of Pamplona. I have realized that I will never stop learning as long as I continue in humility and take advantage of every opportunity that comes my way.”

See all photos submitted for the contest. Judges included over 40 faculty and staff members. Learn more about MBA and undergraduate study abroad opportunities at the Foster School.

Student teams develop innovative solutions to increase profitability of the world’s largest festival

Photo of Winning Team
2014 Winning Team members Michelle Hara, Zach Bickel, Erica Cheng, and Crystal Wang with Larry Calkins of Holland America Line

Did you know that during the 16 day Munich Oktoberfest an average tent with 7,500 seats sells over 4 million euros worth of beer?

This weekend at the  2014 Holland America Line Global Case Competition, over 100 Foster School undergraduates grappled with how to increase the profitability and global reach of Oktoberfest, the world’s largest festival. The Global Business Center is pleased to announce that this year’s competition was a great success!

Teams played the role of outside consultants hired by the Munich Oktoberfest Organizing Committee to develop a strategy recommendation to increase profitability of Munich Oktoberfest. Teams spent 48 hours developing their background analysis, and on Saturday November 15th presented their recommendations to panels of community member judges. The top four teams were selected to move on to the final round.

After watching the final round teams present, the panel of six finalist judges determined a winner. This year’s deliberation was particularly challenging because each of the finalist teams had an insightful and innovative recommendation.

Team 2 members Zach Bickel, Erica Cheng, Michelle Hara, and Crystal Wang, were named the 2014 Holland America Line Global Case Competition Champion, and awarded $1,000. Their recommendation to increase profitability of Oktoberfest was to replicate the festival abroad, specifically in Munich’s Sister City, Sapporo, Japan. Their team determined through detailed analytics that a Sapporo Oktoberfest would prove successful due to existing infrastructure, socioeconomic factors and a strong cultural identity.

This year we had seven outstanding freshman teams participate in the ‘Freshman Direct Track’ of the competition, where only teams of Foster School freshman compete against one another. Judges were blown away by the extraordinary recommendations the freshman teams developed.  The title of Freshman Winning Team and an award of $500 was achieved by Christopher Cave, Carly Knight, Jennifer Louie, and Molly Mackinnon.  We are excited to see these students getting involved so early in their Foster careers!

The Holland America Line Global Case Competition is an introductory case competition and an exceptional learning experience for Foster School students. It provides an opportunity for students who have never competed in a case competition to ‘get their feet wet’. This year learning opportunities included a ‘how to approach a case competition’ training session, taught by Foster School faculty member Leta Beard, and a coaching round which provided teams the opportunity to get feedback on their presentation from business community and faculty coaches before presenting in front of the judges panel. Thank you to all of our volunteers who made the event possible!

Visit our website to find out more and learn how to get involved next year.

The Global Business Center would like to thank Holland America Line for their generous support of this unique educational event for Foster School of Business students. Holland America Line is a leader in the cruising industry and a longtime supporter of the Foster School of Business.

Undergrads trek to San Francisco to network with employers

Guest post by Zak Sheerazi, assistant director of career development, Undergraduate Career Services

On August 26 and 27, Foster Undergraduate Career Services took a group of students to San Francisco to visit seven companies. This group of Foster students consisted of finance/accounting majors  interested in working in the Bay Area after they graduate.

Each company visit entailed an overview of the company and provided students the opportunity to network with company representatives. During this two-day trek we also had a San Francisco alumni networking night. Roughly 60 Foster alumni from the San Francisco area met up to network with each other and our current students.

Amy Li, accounting/finance major, had this to say about her experience on the trek, “It was a great opportunity that enabled students to have direct interaction with employers and to learn about their jobs from different perspectives. Communication is an essential skill in career development, thus through this form of networking event, we not only explored the diverse career paths we could choose from but also had the chance to build and present our personal brand.”

We would like to send a special thanks to the employers who participated in the SF Trek: Deloitte, EY, KPMG, Piper Jaffray, Prudential Capital, PwC, and Vaquero Capital.

San Francisco Trek
Photos from the company visits and networking night on the San Francisco Trek.

The Global Team is GBCC 2014 champion

Nick Schuler (UW), Jarred Adams (FSU), Mathea Hubert (NHH), and James Lam (CHUK)
Nick Schuler (UW), Jarred Adams (FSU), Mathea Hubert (NHH), and James Lam (CHUK)

Four students representing four different universities and three continents made up the ‘Global Team’ that took home the trophy in the 16th annual Global Business Case Competition (GBCC) on Saturday, April 12th.

Each of the twelve student teams that competed in GBCC spent 48 hours analyzing a business case on Nike’s sustainability and labor practices. The students were asked to identify three countries where Nike should shift its production. Teams had to justify their choices by explaining the advantages and tradeoffs of candidate countries in terms of sustainability and labor practices, as well as costs and other competitive factors. They also had to address ways in which Nike could implement traceability of its supply chain for collegiate apparel.

Of the four teams selected to move on to the final round, the judges chose the ‘Global Team’ as this year’s Champion. Unlike the other competing teams who came from just one university, the ‘Global Team’ was made up of one student from the Chinese University of Hong Kong, Florida State University, NHH Norwegian School of Economics, and the University of Washington. They met for the first time just days before their final presentation.

Multicultural teams are now a reality of both the classroom and the professional environment. The Global Business Center began the ‘Global Team’ tradition eight years ago to bring students from around the world together to work as a team. The judges said that the team’s final presentation clearly benefitted from their diverse backgrounds and experiences. In eight years, the Global Team has placed in the finals four times, and now they are GBCC Champions!

The Global Business Center would like to acknowledge the hard work of our GBCC Student Leadership Team who spent countless hours organizing this event. Co-chairs Lisa Dang and Connor Harle were exceptional leaders for over 100 students that were involved this year.

Finally, GBCC would not be possible without our major corporate sponsors: The Boeing Company, Costco Wholesale, F5 Networks, Fluke Danaher Corporation, Russell Investments, Starbucks Coffee International, and Wells Fargo.

It’s a good time to be a woman in business

Foster undergraduates Madeline Down and Natasha Tieu share their thoughts on the Second Annual Women’s Breakfast, which was organized by the Foster School’s EY Center for Undergraduate Career Advancement.

WomenBreakfastThe Second Annual Women’s Breakfast was a success. The attendance from both employers and students was impressive. Women from many companies attended, including Wells Fargo Bank, Deloitte, Concur Technologies, Grant Thornton, KPMG, EY, PwC, West Monroe Partners, Eddie Bauer, The Boeing Company and Liberty Mutual Insurance.

A highlight from the event was the keynote speech by Mary Knell, CEO of Wells Fargo, Washington and Western Canada. She spoke about the challenges and benefits of being a woman in business, and her experience at Wells Fargo and in other positions. Knell shared that there are many challenges related to family and work life, and the social expectation that women should not be the ‘bread-winner.’ However, society is changing and it is an extremely exciting time to be a woman in business. Knell is proof that all women are capable of having a successful career and a family at the same time. She definitely inspired me to keep working towards my goals, and not to let any adversity deter me from reaching them.

At the breakfast, it was amazing to see a room full of women, ranging from freshmen to professionals, getting together to discuss topics unique to women in business. You could feel the tremendous support we had for one another. As a woman in the business school, I look forward to attending next year and creating new contacts and connections within the professional world.

805.5 volunteer hours

Guest post by Cynthia Chiou (BA 2014)

Foster Week of ServiceFoster Week of Service was a tremendous success, and we want to thank everyone within the community for making this possible. Because of your participation, we had a total of 805.5 volunteer hours dedicated to helping organizations across many different philanthropic causes.

Giving back to our community has always been an important aspect of the Foster School, and we hope to continue this event for years to come. Below are some highlights from a great week of service work. There were a wide range of events, surrounding causes such as environmental, health, education, diversity and global aid.

Alpha Kappa Psi Rho Chapter worked to raise money for cancer research and patient support. Their team was able to raise more than $9,000 in concession sales at the Alaska Airlines Arena, of which $900 will be donated to the Leukemia & Lymphoma Society.

StartUp UW teamed up with Mercer Island High School to host an entrepreneurial challenge. Groups were given a $20 bill and went out to create their own ventures. After a week of hosting various fund-raising events, teams were able to raise $609, of which $549 will be donated to The Sophia Way.

Market Driven Investors worked with the Rainer Chamber of Commerce to procure items for their annual auction fundraising event. Students spent the week reaching out to potential donors and working directly with the chamber to strategize a successful procurement process.

Business Leaders in Healthcare worked with the Lifelong Aids Alliance on packet stuffing for the AIDS Action & Awareness (A3) Day.

Business Impact Group volunteered at the Boys and Girls Club of Renton Skyway, working with students on their social venture project, Marketplace. They also spent time talking with students about college preparation and playing gym games.

The Montlake Consulting Group organized a Foster Community Street Clean with students through campus and the University District.

AIESEC and CISB hosted a raffle fundraiser for disaster relief to donate proceeds to the National Alliance for Filipino Concerns.

Delta Sigma Pi and ALPFA co-hosted a dodgeball tournament to donate all proceeds to UNICEF for typhoon relief efforts.

The 2014 Foster Week of Service was generously sponsored by UPS and Target.