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27

Jul 2017

Class of 2019 LGBTQ MBA Fellowship Retreat

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Reaching Out hosted its third class of Fellows this month at the LGBTQ MBA Fellowship Retreat in New York City over the weekend of July 21st. The Class of 2019 is comprised of 54 Fellows representing 36 schools around the world, and will collectively receive over $1.3M in scholarships for each of their two years as LGBTQ MBAs.

Friday morning was set aside for travel and sightseeing with Fellows coming from as far away as Indonesia and as close as the Bronx. The retreat officially started with the MBAs introducing themselves with the help of some prompts. Each introduction ended with a response to the question “Who are your people?”. Their answers drew from a wide range of areas, below is just a short list of who they mentioned:

  • trans community
  • people of color community
  • comics/cos-play fans
  • outdoor adventurers
  • cat people
  • dog people
  • book fans
  • travelers
  • educators
  • military community
  • foodies
  • arts and theater community

Friday wrapped up over dinner where the Fellows were able to spend more time getting to know each other and the Reaching Out staff.

Saturday’s agenda delved into specific fellowship content, leading with a panel of rising MBA2s to share their MBA1 experience. First day jitters, recruiting for internships, effective networking, and ways to manage life during an MBA were among the topics of discussion. Following the panel was a leadership workshop led by McKinsey & Company. Through a number of interactive exercises, the McKinsey staff were able to get the group to identify what leadership qualities they already possessed, areas where they could be further developed, and an understanding of what environments inhibit or engage their ability to lead. Over lunch, several LGBTQ MBA alumni sat down with the group for an informal Q&A about the evolution of their career and relationship with Reaching Out. A brief presentation on fellowship benefits and opportunities finished the day’s informational content.

Reaching Out is inherently an LGBTQ organization and to stress that importance the retreat always includes an LGBTQ tour which highlights the history of the local community. This year’s class was treated to a tour of the west village where much of the LGBTQ movement of the 20th century took place. The tour guides led the Fellows to the streets of the aids crisis, the site of the stonewall riots, the front door of an underground gay speakeasy, and other places of note for LGBTQ history and culture.

The retreat ended with a reception style dinner at a local restaurant known for its LGBTQ clientele where the Fellows continued the conversations and connections that will support them as they begin their MBAs.

 

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27

Jul 2017

Summer 2017 Admitted MBA Career Treks

Posted by / in LGBTQ BUSINESS STUDENT BLOG / No comments yet

This summer Reaching Out traveled with over 70 admitted MBA students to attend the LGBTQ MBA Career Treks in five major cities. The treks are designed to give admits early exposure to the top companies in specific industries during the summer before business school. With that experience they can begin their MBA with a better understanding of what they can pursue as an LGBTQ professional.

Marketing & Retail: Minneapolis, Minnesota
(General Mills, UnitedHealth Group, Target, 3M, Land O’Lakes, McKinsey & Company, PwC Strategy &)
Occurring in the middle of Pride Month, the twin-cities professional network and the trek students were invited to the General Mills Pride Reception which kicked off with an improv skit centered around LGBTQ identities. The reception also had a cocktail hour and interview with the Honorable Margaret Chutich, the first openly gay Minnesota Supreme Court Justice. The following day found the group back at General Mills where they walked through the marketing strategy of a new product, met with members of their Pride group, and toured the campus. Unitedhealth Group was up next and delivered an engaging look at the history of healthcare marketing and the recent viral campaign that launched UHG into mainstream media. The day ended at Target’s headquarters where a presentation on their Pride Month marketing led to a brainstorming session about retail strategy and pitfalls. The last day of the trek took students to 3M, Land O’Lakes, McKinsey & Company, and PwC Strategy &.

Finance: New York City, NY
(EY, Deutsche Bank, Credit Suisse, Bank of America, JP Morgan, Barclays, Morgan Stanley, PIMCO)
Just after New York City Pride weekend, Reaching Out and 12 admits walked up and down the city visiting eight companies over two days. Areas of focus covered venture capitalism, asset management, investment banking, and corporate finance. Individual staff members presented an overview of what a typical day in their job entailed and spoke about the specific culture of their team. Several Reaching Out members were also on-hand to discuss their internship experience. At one company, the group was invited to attend the morning address which covered the latest findings and numbers for a large client.

Technology & Retail: Seattle, WA
(T-Mobile, Expedia, Microsoft, Starbucks, Amazon, Slalom)
The Seattle trek took admits to the sites of several large tech and retail companies where they learned about the various backgrounds and roles of their LGBTQ staff, how teams accomplished their projects, and gained some exciting insights on new developments. The first day started off with a T-Mobile presentation on coming back as a leader in telecommunications after nearly shutting down and becoming acquired. Expedia shared processes on how they function as an organization of travel aggregators with different markets and  the demographics they serve. Microsoft, Starbucks, and Amazon gave tours of their large headquarters and discussed the technology they use and create to drive sales forward.

Technology: San Francisco, CA
(Apple, Genentech, Facebook, Google, Walmart, Salesforce, Boston Consulting Group)
Students on this trek were able to speak with top tech companies about how their latest developments are doing on the market. Discussions also focused on products and technology that launched with higher- or lower-than expected success and the processes to correct or continue those models.

Consulting: Chicago, IL
(Kraft Heinz, United Airlines, PwC Strategy &, A.T. Kearney, McKinsey & Company, Boston Consulting Group)
Admits were taken through several personal experiences of consultants, ranging from exploring the cases that brought their clients massive success, the cases that stuck with them long after completion, expectations and realities of traveling, and ways they have learned to manage and adapt their work/life balance. Several Reaching Out members who are currently interning were also able to join the presentations and answer questions that the admits had about pursuing a consulting career and how their first year prepared them for the experience.

As the admits start their programs in the fall, we hope that they take the experiences of the treks into their classes, share what they learned, and bring visibility to the many opportunities and paths available for LGBTQ MBAs.

 

 

 

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06

Apr 2016

Standing with Duke Fuqua and UNC Kenan-Flagler Against HB2

Posted by / in Blog, LGBTQ BUSINESS STUDENT BLOG / No comments yet

Current and admitted students at Duke Fuqua's 2015 LGBT Admitted Student event.

Current and admitted students at Duke Fuqua’s 2015 LGBT Admitted Student event.

We at Reaching Out MBA want to express our support and solidarity for our schools in North Carolina  in the wake of the passage of House Bill 2. We know that the passage of HB2 is damaging, but we want to stand in strength with our students, leaders, and clubs at the Kenan-Flagler School of Business at UNC and the Fuqua School of Business at Duke.

Representatives from UNC Kenan-Flagler Pride Club at the 2015 "Ask A Queer" event.

Representatives from UNC Kenan-Flagler Pride Club at the 2015 “Ask A Queer” event.

Fuqua Pride and UNC Kenan-Flagler Pride Club have each spoken out against the anti-LGBT legislation, noting that #WeAreBetterThanThis. We know, and our students know, that laws like this are not what North Carolina is about. Below are the public statements from Fuqua Pride and UNC Kenan-Flagler Pride Club.

 

Statement from FuquaPride and its Allies at Duke University’s Fuqua School of Business:

FuquaPride, the Duke MBA LGBT network, in conjunction with Fuqua’s student government, the MBA Association, as well with our allies in the MBA Association of Women in Business and the Black and Latino MBA Association, is deeply troubled by North Carolina’s regressive HB2 law. Today, we publicly reconfirm our commitment to growing and maintaining the Fuqua value of Collective Diversity that keeps “Team Fuqua” special and a transformative experience for its members. The installation of a gender neutral bathroom, the success of all FuquaPride events (including the sold-out annual drag show), and the prioritizing of LGBT admissions efforts are proof to the inclusive and thriving environment for LGBT students at Fuqua and of our school’s support. This law will not change that.

We can’t change this legislation tomorrow, but we do have the power – through our hearts and our actions – to send a signal today to North Carolina that as members of Team Fuqua and other leading MBA programs #WeAreBetterThanThis.

 

As student representatives at UNC Kenan-Flagler Business School, we condemn the actions taken by the North Carolina General Assembly and Governor Pat McCrory to pass House Bill 2 into law. HB2 intentionally excludes the LGBT community and veterans from statewide anti-discrimination protections in employment, housing, and public accommodation, and prohibits and nullifies any local law or ordinance that provides such protections. Passing this law egregiously erodes civil rights protections, endangers some of the most vulnerable members of our community, and harms the reputations and cohesion of our state, local governments, and valued institutions.

The proponents of this bill invented a moral panic out of whole cloth, depicting transgender individuals as predators intent on accessing bathrooms to assault women and children. Not only is there no record of any such thing ever occurring, but transgender people are often put in serious danger when forced to use facilities conflicting with their gender identity.

We applaud the major employers in our state that have staked out clear positions against HB2. However, we have severe concerns that the law will make it impossible for our top-ranked school to continue attracting the best students, faculty, and staff. HB2 is rapidly wearing away our state’s global reputation as a beacon of growth and innovation. As a public institution of North Carolina, UNC Kenan-Flagler Business School’s reputation will likewise suffer among prospective students, the companies that recruit our graduates, and the international business community.

Our leaders’ actions place North Carolina wholly on the wrong side of history. We choose to stand by the core values of our school: excellence, leadership, integrity, community, and teamwork, and so we implore the General Assembly and Governor McCrory to reconvene and cooperate to pass a comprehensive non-discrimination act that respects, values, and protects all of North Carolina and our people.

Susan Lawrence Hedglin, President of the MBA Student Association

Jonathan Aronoff, Vice President for Diversity

on behalf of:

MBA Student Association Executive Council

Association of Minority Business Students

MBA@UNC LGBTQ Interest Group

Pride Club

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