Seems like yesterday that Honors Director Alison and I said goodbye to the graduating class and watched them to move on to exciting careers. Now, it is almost time to welcome the next class of students. This third installment of our Business Honors Program alumni e-newsletter focuses on a number of our most recent graduates. For the third straight year one of our honors students was a speaker at IU commencement and he has shared some of his thoughts. Another student chose an unusual path to fulfill his honors thesis; he made an exciting movie and this is highlighted below. The quality of the students who are now in the program, the achievements of those who are part of our distinguished alumni, and the impact that all of you have had on both Indiana University and Kelley make me feel honored to be a part of this program.
I hope you find this edition of our e-newsletter to be interesting, and please stay in touch with us.
--Gary Raad, Honors advisor
An exciting new series of classes - KELLEY COMPASS - will be introduced into the undergraduate curriculum this fall, designed to help students find their direction, develop their talent, and discover their business potential. There are two ways you can help make it successful:
Complete the two surveys provided via the links below. This will take you a total of 20-25 minutes.
Complete the Google survey which will be used to create an interactive matrix of jobs for students to learn about:
Serve as a mentor to KELLEY COMPASS students. We will create LinkedIn groups of 10-20 students and one alumni mentor to facilitate online discussion and answer student questions about once a week. If you are interested, please email Sue Vargo at firstname.lastname@example.org, by Friday, August 17.
You are invited to connect and get involved with the Kelley School in a number of ways, beginning with the new Kelley Compass program.
Spring semester brings fond memories: Little 500, IU basketball and the NCAA tournament, Spring Break trips, and study abroad. It’s also a time for the seniors to enjoy some last visits to Nick’s and other popular haunts. Aside from those exciting experiences, Honors students kept busy during spring around the Kelley School.
Thanks to generous sponsorship from the Target Corporation, the Business Honors Program held its fifth annual case competition in March. The Honors Leadership Team (HLT) organized the event. The HLT seniors recruited student teams, planned the calendar, and served as judges along with several faculty members. The case dealt with Target's cross-channel marketing strategy and teams found creative solutions. Congratulations to Molly O'Connor, J. Kyle Straub, Augustin Ruta, and Steve McIlwain for winning first place!
Also in March, honors students had the opportunity to dine with the current Poling Chair, Cie Nicholson. Cie is an alumna of the Kelley School of Business and is the executive vice president and chief marketing officer at Equinox Fitness Clubs. Previously, she served as chief marketing officer of Pepsi-Cola North America. The Poling Chair of Business and Government was established in 1993 by Harold "Red" Poling, a Kelley School alumnus and former chairman and CEO of Ford Motor Company. Cie and other holders of the position are appointed to foster discussions of leadership at Kelley, and honors students truly benefit from interactions with them.
For the past seven years, the Kelley Civic Leadership Development Program has put on Pie-a-Professor, a fundraiser for local non-profit organizations. The Business Honors Program sponsored a team and Finance Professor Utpal Bhattacharya and Honors advisor Gary Raad were gracious enough to receive pies to their faces. Proceeds this year went to the Monroe County Humane Association. Many honors students past and present have been crucial to making this event a success.
Each year, 20 to 25 seniors are selected to serve on the Honors Leadership Team. The HLT undertakes leadership coaching for younger honors students and Honors I-Core teams. The HLT also organizes many of our Business Honors Program events. One such event was a well-attended personal finance workshop. Geared towards seniors, Darcy Howe (BS'79), Senior Vice President of Merrill Lynch, gave students advice on working within a budget and retirement saving. They were frantically taking notes! We hope to make this a regular event.
One of our final Honors Leadership Team events of the year was playing laser tag. We welcomed the incoming HLT class and said goodbye to the outgoing senior coaches. They had time to share their experiences and advice before the shootout began. This senior class of HLT included fabulous students with experience at the White House, a number of investment banks and consulting firms, overseas study, and leadership around IU; we’re looking forward to working with next year's group!
Many alumni are needed to help hundreds of Kelley students start off the next academic year in an important way by sharing information about their industry and career path at Industry Connections in Bloomington on September 7. Join us!
Graduation always includes a number of events around the Kelley School. The Business Honors Program had its graduation banquet at the Indiana Memorial Union's Tudor Room in late April. Associate Dean M. A. Venkataramanan and Undergraduate Program Chair Tom Lenz (BS'69, DBA'78) both shared words of advice for the graduating seniors. Similarly, Honors Program Chair Martin McCrory and Honors Advisor Gary Raad offered congratulatory messages. Honors Director Alison Kvetko awarded the Outstanding Mentor Award to two Honors Leadership Team coaches: Arshad Othman and Nicole Budzynski. Arshad's mentees lauded his encouraging and wise advice, while Nicole’s appreciated the extra mile she was always willing to go. Since graduation, Arshad has returned to his home in Malaysia to pursue graduate studies, while Nicole will begin work at Bain & Company in the near future.
This year, the Kelley Undergraduate Program hosted a senior send-off celebration. Students, faculty, and staff gathered at the Upland Brewery in Bloomington for treats and good times. Many honors students attended and enjoyed the chance to update the faculty on their post-graduate plans. A highlight of the evening was the photo booth, and everybody had a good time dressing up and making faces for the camera.
Additionally, the Kelley School held a Recognition Ceremony for the graduates on the Friday of Commencement weekend. Dean Dan Smith, Tom Lenz, and other faculty acknowledged each graduating senior who attended and spoke about the importance of making Kelley proud and staying connected to the School going forward. The Dean presented awards to the top one percent of the graduating class. In addition, he conferred the Rawles Key Award to the graduating student who represented the highest achievement in both academic and extracurricular activities. The award has been bestowed since 1939, and this year it went to Corey Bright of Carmel, Indiana. Besides maintaining near-perfect grades, Corey has been involved in the Trockman Microfinance Initiative at Kelley, the IU Greek InterVarsity faith-based group, IU Outdoor Adventures, Kappa Alpha Theta sorority, and the Honors Leadership Team. Corey was a member of the Consulting Workshop at Kelley and she soon begins work for Deloitte as a human capital analyst. Congratulations, Corey!
Would you like to stay connected to the Kelley School too, like the Class of 2012? Sign up for one or more options for your involvement at http://kelley.iu.edu/stayinvolved.
GOOD ADVICE AT GRADUATION
For the third year in a row, the Indiana University Office of Ceremonies selected a Business Honors student to address the graduates at commencement. This year, Sunjay Gorawara, a student from Buffalo Grove, Illinois, received the honor. Sunjay was chosen through a nomination and application process. After securing letters of recommendation, he was interviewed by a panel headed by the Vice Provost for Undergraduate Education. Sunjay's speech reminded students to dream big. He spoke about visiting an orphanage in India after his freshman year, a start-up business that he failed to get funding for, winning the Ira Sohn investment competition last year, and the phone calls he shared with his mother during his years in college.
While at IU, Sunjay was a Wells Scholar and active on the Honors Leadership Team. He served as co-president of the Investment Banking Club and was a member of Beta Theta Pi fraternity. Like many Business Honors students, Sunjay took advantage of the opportunities offered by IU and the Kelley School for travel; he visited Slovakia, India, Italy, and China on IU programs. One of the highlights of Sunjay's college career was winning first place in the Ira Sohn Investment Competition. As a result, he was featured on CNBC and in The Wall Street Journal. Last summer, Sunjay interned in investment banking with JP Morgan's Technology, Media, and Telecom Group. After traveling around Europe for several weeks after graduation, Sunjay is now working full-time as an analyst at the Blackstone Group in New York.
WHERE DO THEY GO? HONORS CLASS OF 2012 EMPLOYMENT STATS
Each year, the Undergraduate Career Services Office compiles statistics on the graduating class. Thanks to UCSO Director Susie Clarke and her team, we have a picture of what the recent Business Honors Program graduates are doing:
Currently 99% of the graduating business honors students have reported full-time employment (80%) or graduate school (19%).
Their average reported salary is $59,135 and their median salary is $58,000 versus the overall median of $55,000.
Top industries are public accounting (19%), consulting (19%), and investment banking (18%).
Top job locations are Illinois (37%), NY/NJ/CT (23%), and Indiana (14%).
Top 5 employers for this group (in ranked order) are: PwC, Deloitte Consulting, Ernst & Young, KPMG, and Target.
Share opportunities for full-time jobs and internships with Kelley students and alumni, gain exposure, and help strengthen the Kelley network within your company as a Company Captain. Learn more at http://kelley.iu.edu/stayinvolved.
STUDENT SPOTLIGHT: KURT SKAGGS
Seniors in the Business Honors Program complete a senior capstone experience. Three options exist: serve as a member on the Honors Leadership Team, enroll in the Herman B Wells honors leadership seminar, or complete an independent thesis project. This spring, senior Kurt Skaggs from Lapel, Indiana, opted for the third choice and filmed a movie.
Kurt came to IU from a small school with just 77 in his graduating class. He wanted to go someplace larger in order to have access to more opportunities and chances to meet new people. With a beautiful campus and great business school, IU was the perfect choice. During his four years at IU, Kurt joined Sigma Phi Epsilon, where he served as the Vice President of Recruitment and the President. He also served as an executive member for the Christian-based Greek InterVarsity, wrote articles for a Greek publication called The Odyssey, and participated in the student film competition Campus MovieFest, where his team’s short film won IU Best Drama this past year.
In the spring semester of 2011, Kurt committed to writing a feature-length film that could be reasonably produced by students at Indiana University. Before this, he had written articles and some short stories, but Kurt had never attempted something as large as a screenplay. However, he loves movies and was up for the challenge. Therefore, the rest of that semester and all of the next summer, Kurt worked to complete the screenplay for The Kawaii Electric Company. The story tells of a business student and his pre-med roommate who start a questionable company which begins to spiral out of control. When he finished the script in the fall semester of 2011 and showed it to some people, they decided to actually film it. Kurt notes, "Fortunately, with the encouragement of Alison Kvetko and Gary Raad, the production of the film was approved for my senior honors thesis. With Benjamin Schultz as my advisor, having the year-long senior thesis only gave me more motivation to get something done that I truly wanted to do anyway." Coordinating many schedules of different classes and events for people involved in the filming became a nightmare, but the crash course in movie-making helped Kurt grow some great relationships and was a wonderful learning experience. If you are interested in the film, visit tkecfilm.com for further information.
In July of 2012, Kurt moved to Los Angeles to pursue screenwriting in the film industry. His first job is with ScriptoScreen, an infomercial company, where he will both be able to use his business degree and further his production skills. Kurt says, "Leaving IU, the thing I will miss the most that I cannot bring along is the ability to live with 80 of my brothers in Sigma Phi Epsilon. It was always exciting, with an energy that I will never be able to truly experience again. From the 3:00 a.m. Taco Bell runs to the deep connections created with so many brothers, I loved every minute of it, and I am sad to see it go. Fortunately, the continued support from everyone – from those best friends in SigEp to the great faculty at Kelley – will stay with me as I leave IU."
INFORMED, INVOLVED AND INVESTED
Be sure to get involved with our Business Honors Program Kelley inCircle group. Kelley inCircle is the Kelley community online, including all alumni and all current students. It's a great way to network with current and former honors students. When you join the group, introduce yourself by posting an update on your career. It's all about relationships, and this is an easy way to get to know new friends and catch up with old ones.
Thanks to the Target Corporation for its generous support of the Business Honors Program and the Honors Leadership Team!
COUNT ME IN! The Kelley School is getting an extreme makeover! Leave your legacy and impact the next generation. Participation is our goal, and $200/year for five years (or a one-time gift of $1,000) gets your name on a really cool donor recognition wall in the new building. Give back to the Kelley School or make a donation to the Business Honors Program. Thank you for your support!
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