Friday, January 10, 2014

The G51 Venture Capital Scholar Program


by Khanh

In my last post, I briefly talked about my decision to attend the Carroll School and how much I enjoyed the applied learning aspect of the program here. This time, I would like to delve deeper into my favorite program, the G51 Venture Capital Scholar, and relay my experience so far.

The program was started approximately ten years ago by Rudy Garza, the Founder and Managing Partner of G51 Capital. Initially, Rudy was working with a couple of in-state institutions in Texas, including UT Austin and Baylor University. Thanks to its overwhelming success, the program quickly grew to a national level and, as of this fall, involved more than ten top tier institutions, including MIT, Harvard, Northwestern, Duke, and Boston College.

For every school, Rudy aims at selecting three to four graduate students from diverse backgrounds, such as business, engineering, and computer science. All share the same passion for entrepreneurship and venture capital. Working with Rudy and the other Managing Partners has been a fantastic experience and, frankly, my learning curve has grown exponentially over the course of three months.

During the program, G51 Scholars are expected to fulfill the following tasks: deal flow review, communication with entrepreneurs, local deal flow and specific projects as assigned by the Managing Partners. Says Rudy, “Our goal is to create an exceptional network of future business leaders grounded in technology innovation and entrepreneurship. We are connecting with the best business schools and entrepreneurial institutions, in the United States and internationally, to enable a global renaissance of science and technology commercialization.”

Since G51 invests in hardware, software, clean technology and internet service companies, the Scholars have plenty of freedom to carry out the sourcing process. So far, I represented G51 at a number of start-up events, including the MIT Bootcamp, Harvard Cyberposium, and the Babson Entrepreneurship Forum. In addition, another rewarding aspect of the program is our exposure to some inspiring visitors in the field of technology entrepreneurship during our teleconference. At one point, I found myself pitching a company to Rudy, without realizing that Lee Walker, the first President of Dell Computing, was also in the room. Thankfully, his follow-up comments were positive.

The G51 Venture Capital Scholar Program has been an amazing journey for me here at BC. I look forward to continuing my commitment to the program in the spring.

Tuesday, November 26, 2013

Coffee Chats and Business School

by Lauren

From Coffee Chat to BC...
Last year, when I was applying to Business school, I never expected that a coffee chat would be the deciding factor in which B-school I would attend. During the interview process, I chose to fly up to Boston from North Carolina for an in-person interview instead of a Skype interview because I wanted to see BC's campus. A few days before my interview, it occurred to me that BC had options to check out the school- coffee chats, class visits, information session etc. It was last minute, but I emailed the Graduate Admissions Office and asked if I could meet with a student. Luckily a First-Year student was free one hour before my interview for coffee.

There's a lot you can learn about Business schools from their websites, promotional materials and third party sites. However, you gain so much more from talking to a current student. What would life be like as a BC MBA? Could I imagine myself there? BC is a small program, would I like it? How could I leverage the BC network? Would I be happy at BC or would I be happier somewhere else?

The First-Year MBA I met for coffee answered all of those questions. And honestly. She told me what she liked and what she didn't. I felt comfortable asking her every question I could think of (I wanted the truth!). After 45 minutes, I felt like I had a pretty clear understanding of what it was like to be a BC MBA, the strengths and weaknesses of BC, and what I would get out of the program. (Thanks, Jaclyn!)

In the end, I had to choose between two great business schools and relied heavily on my coffee chat. I knew how the two schools looked on paper, and I could see myself at either one, but which one was the right choice? Luckily, I had met with students at both schools I was deciding between and compared their feedback on both schools and my gut feel from each.

After a few weeks of deliberation, I chose BC. At the time, I felt confident that BC was the right school for me and that I was making the best decision for my career because of my coffee chats. Now almost one semester in, I have no regrets and am even more confident that I made the right choice.

Who would have guessed that coffee would decide which B-school I would go to?

Chocolate Bar in Stokes Hall
Paying it Forward
Just as Jaclyn met me for coffee, I've been meeting prospective students for coffee at the Chocolate Bar in Stokes Hall (so delicious!) to answer their questions about the program and help them decide if BC is the right school for them. I valued honest feedback, which is what I try to give during my chats. I didn't want to meet with someone who would give me canned answers on how great the school was- I wanted to know what I was really getting into!

Advice for Coffee Chats: Come with Thoughtful Questions
Everyone has different concerns when they look at schools: community, specializations and classes, clubs, social activities, leadership training, field learning, and of course, careers. All of these areas are important, and to get the most information from a coffee chat, make sure you come prepared with thoughtful questions! It's hard to get a meaningful answer from generic questions like "What's the community like?" and "How are classes?" Although these are good starter questions- I'll tell you that I love the BC Community because the people are friendly, motivated, fun, and I learn a lot from my peers. But what are you interested in getting out of a community? Think about that when you go into the chat and ask follow up questions. Do you have X because I'm really interested in __?  The more questions you ask, the more you will get out of the conversation.

So go grab a cup of coffee- it's worth it!



Friday, November 1, 2013

Introducing...

by Christopher

By ways of a late introduction, my name is Chris and I'm a Full-Time MSF student in the Carroll School of Management.

I know, I know, you've been reading these posts and everyone is either a Full-Time MSF or MBA student in the Carroll School here at Boston College. What makes me different? After I chose Boston College, Boston College chose me. That's because I'm a "Double Eagle."

Here's the part where I explain why I decided to come to Boston College and pursue my Master's in Finance. But that story begins nearly five years ago, as I was in the midst of undergraduate college applications. When I visited Boston College for the first time, I fell in love. The beautiful campus, the strategic location right outside the city, the homey feeling, and of course the fall New England weather, pulled me to Chestnut Hill like static cling from a helium balloon. After receiving my Bachelor of Arts in Economics this past May from the College of Arts and Sciences, I knew I had to come back.

Most of my finance-related experience was personal - that is, non-academic. Though I took a number of electives in the school of management as an undergrad, my focus on economics detracted from my ability to foster and cultivate my expertise in financial theory - my other passion. Sure, I was trading stocks on an almost-daily basis during my sophomore year, and served as the Vice-President of the Boston College Investment Club during my junior and senior years, but if you asked me about the assumptions of the capital asset pricing model I would've been totally lost. So I came back to the place I called my second home for four years to get in some more schooling before going out into the "real world" - because a place like this makes you want to kick that can down the road for as long as possible.

So here I am - enrolled in the graduate program, taking four night classes while working as a Graduate Assistant. And I must say, the program is great. In the first seven weeks of the semester, we've already had a career fair, countless information sessions, and on-campus interviews. In addition, we've had numerous networking opportunities both on and off-campus, as well as multiple chances to reach out to recruiters about open job positions. I think you see where I'm going - Boston College has an amazing network. I know, lots of people say that. And even more people question how BC can have such a tight alumni network given how large of a university it is. But that's just it. Even if you didn't sit next to the head recruiter at your dream job during your seven-person senior seminar and grab dinner with the director of human resources after completing a group project, BC grads are BC grads through and through.

It's purely because Boston College graduates take so many different trajectories and career paths that going to a large school like BC gives you the benefit of a high-volume network and also a close-knit network. And for me that was really it - the people. I came back to BC because of the people, and I don't just mean the network. The students, the professors, the administrators, all the way to the man who starts his day cleaning Fulton Hall just as my day is ending - they're all classic. They're all great, wonderful, inspiring people, who each have a story to tell. And I'm here to listen to all their stories.

Until next time,
Christopher

Friday, October 25, 2013

Why BC?

by Lauren

I can't believe how quickly the last seven weeks have flown by! I just spent the last week crunching for final exams with my classmates and am relieved that they are finally over!

I'm excited to share my experiences over the next two years with you through this blog. Since this is my first post, let me start by telling you a little bit about myself and how I found myself pursuing an MBA at Boston College.

About Me:
I grew up in a suburb of Boston and went to Colgate University, earning my bachelor's degree in Political Science and History. Not yet ready to return to Boston, I moved to North Carolina (a big move for me!) to work in business development and marketing for an International Development non-profit. Now, you might be wondering, what exactly does that mean? It means I worked for a U.S. Agency for International Development contractor that designed and implemented programs to improve health, education, and governance systems in developing countries.

Raleigh, NC, 
I loved the work of the non-profit, but realized I was also passionate about marketing. So after two years, I made a career switch and started working in the marketing department for a pharmaceutical manufacturer. There, I had my hands in everything from event management, to online advertising, campaign development and other marketing activities.  I was also heavily involved with the National Multiple Sclerosis Society- Greater Carolinas Chapter in my free time. I loved it!


Why an MBA? 
I chose to get an MBA to advance my career. In my last job, I found myself struggling to understand some parts of the business, and realized that if I wanted to run my own department, I needed to have a better understanding of business and management. I saw a gap between where I was and where I wanted to be in my career. I knew an MBA would give me the skills, education and experience to get there more quickly.

Why Boston College?
I chose Boston College for a number of reasons, but the number one reason is the people. I was blown away by the sense of community I felt among the students I met. Everyone was engaging, motivating and had interesting backgrounds. BC is also one of the few schools I looked at that requires MBA students to complete a community service requirement.  Giving back to the community and being a part of the community has always been important to me and something I really enjoy, so I knew that BC would be a good fit for me.
Photo Courtesy of Boston College

The second reason? Boston! It's a great city with tons to see and do. Not only is it a fun city, but also it's the city I see myself ending up in after I graduate, and I wanted a school with strong connections in the Boston community. My family is also in the New England area, and I wanted to be closer to them.

The third reason is that once you're an Eagle, you're always an Eagle. Alumni networks are powerful, and BC has one of the best. It was important to me to be able to tap into an alumni network while I explore internship and job opportunities. While I also see myself ending up in the Boston area, I also wanted to go to a school with national connections, and there are BC alumni groups everywhere!

Great Decision!
It has only been seven weeks, but I already love Boston College! For a small program, there are a lot of events, information sessions, and activities going on. There's no shortage of things to do and resources to take advantage of.  So far, so good!


Thursday, October 24, 2013

Making the Big Decision - Picking the Right Business School

by Zach

Welcome! My name is Zach and I am a first year MBA student at Boston College.


I grew up in Denver, Colorado, and graduated from Colby College in Maine, where I received a bachelor's in Mathematics. After graduating, I returned to Denver, where I worked for the Colorado State Treasury issuing municipal bonds to build public schools around the state. While I really enjoyed my time at the Treasury, I decided to move back to the East Coast. I took a job for a large financial services company in Boston, where I worked for two years before applying to business school.

I found the process of applying to business school to be a long and arduous task. Starting with the GMAT all the way through interviews; it was a stressful and time-consuming process. However, at the end of the day, I personally found making the final decision on where I should go to be one of the most difficult decisions I've ever had to make. Business school is a major investment in my future and will have an enormous impact on my career and life going forward. I'd like to take the time to let you all know the criteria I used to make my final decision.

Alumni Network
The biggest item I weighed in my decision process was the alumni network. I wanted to go to a school that not only had a robust alumni network, but also one that had close ties with the school. If I have learned anything since graduating from Colby, it's as much about who you know as what you know. I have found that BC grads really are committed to the school and actively help and mentor current students.

Once I committed to Boston College, I was shocked by the number of people at the organization I worked who came up to congratulate me and let me know each of them were BC graduates. Since starting b-school, I have also been surprised to see just how deep the alumni network goes. As I begin my internship search, I plan on starting with the BC alumni network.

Culture
The second decision criteria I used was culture. I wanted to go somewhere where I could develop close friendships and work in a collaborative environment. One of the first things that stood out to me was BC's Core Values: Honesty & Integrity, Mutual Respect, Pursuit of Excellence and Personal Accountability. You'll find these values framed and posted in every classroom in Fulton Hall. Visiting the campus, it is clear that these values are one of the driving factors of our culture. Since starting school, I can attest to the fact that we are a very close community who work collaboratively to further our understanding and skills. We also live by our core values.

Class Size
The third decision criteria I looked at was class size. I wanted to go to a school where I could really get to know my professors, advisers and classmates. Each incoming Full-Time MBA class is roughly 100 students. The smaller class size has allowed me to get to know each of my classmates as well as my professors, academic and career advisers on a personal level. So far, I have had a wonderful experience and could not be happier with my choice.

Location
Location was another major factor in my decision. Because I would ideally like to stay in Boston after I graduate, I picked a school close to the city. Going to Boston College has allowed me to develop my network and connections and target companies I am interested in within the Boston area. Finally, the BC name and reputation has proven to be invaluable in building my network in Boston. 

A Final Thought
Making the final decision can be very stressful and difficult. In order to make the process easier, I would suggest you pick a few important criteria to help you weigh the options.

If any of you have different criteria or suggestions, please feel free to leave a comment!