NBMBAA Conference Recap

I just got back from New Orleans this past weekend from the NBMBAA conference. I had an incredible time. Thousands of people came from all over the US, enthusiastic to network with other business school students, optimistic to make that one special connection with a recruiter, and eager to get a competitive advantage and get one step closer to a full-time, 6-figure gig after graduation.

I arrived on Thursday early morning and after checking into my hotel, went straight to the career fair. Upon walking into the convention center, I saw hundreds of people scrambling to the registration room, all dressed in their best suits and in their shiny black shoes. Some were quickly running through their resumes before heading to talk to employers, others scrolling through emails on their blackberries, and others looking at the maps trying to find their target companies.

The crowd was incredibly diverse. It not only consisted of Black MBAs but also many of the world's diverse cultures--Asian, Indian, Hispanic, White, and more. It was good to see that there were also quite a few women at the conference. Professionally, the people were mostly business school students.

Having been in MLT and having gone to lots receptions and admitted student weekends over the past year, I'd had the chance to meet a fair number of these people before, so it was nice to have a chance to see them all again. MLT was there in full force. Not only did dozens of MLT'ers from my class come out, but people from other classes came too. MLT also had a booth right near the front door. It felt like a mini-reunion.

Kellogg kids were also abound at the conference. Being in downtown Chicago at the law school, I don't get to go down to Evanston as much as I'd like to, so it was nice to get together with everyone. Like MLT, Kellogg had a booth at the conference, and I spent a good deal of time there hanging out with the admissions team as well a with all the 1st and 2nd year students. About 15 or so other Schools were also in attendance, including the University of Chicago Booth, which is pretty close to Kellogg here in Chicago.

But despite all of the mingling, make no mistake about it, the highlight of the conference was Career Fair. Over the three days, more than 400 employers came out to actively recruit MBAs for summer internships and full-time positions. And this year, in these "odd" economic times, people didn't take it for granted. My Kellogg counterparts were definitely on point. I chatted with them a lot about their job searches, and most of them had 1st and 2nd round interviews at the fair.

This fact highlights the biggest difference in recruiting at business schools and law schools. My MBA counterparts were hustling around for almost the entire conference, because for them, recruiting began before school even started. However at law school, we don't start recruiting until December, which supposedly gives us a chance to focus more on our school work. As such, there isn't much pressure for us to scramble around to find a job. As a JD-MBA I felt like I was part of both worlds. I was really interested to watch the recruiting process from the front line, so I definitely chatted lots of firms. But as a current law student, I didn't feel any of the stress the MBAs felt, and I didn't target any interviews during the conference.

Instead, my approach was to get a bird's eye view of the recruiting environment and to see how all the companies fit into the puzzle. I spent my time talking to companies about the economy, asking questions about their financial well-being, and getting their perspectives on diversity. Most employers were quite willing to talk, especially since I probably came off as quite sincere given I didn't have a hidden agenda of getting hired. On a couple of different occasions I was able to engage recruiters for 45-60 minutes at a time, whereas most people had closer to 10-15 minutes to make a pitch.

I was also able to learn a lot about a couple of not-for-profits who were at the conference. I spent a good deal of time with Education Pioneers and The Gates Foundation and went to their reception on Thursday evening for a couple of hours. The people at both organizations were fantastic, and I look forward to spending a lot more time checking out both organizations in the near future.

After a long two days of watching people run around looking for jobs, the career fair finally ended Friday at 5pm. At that point a lot of people went home to rest for a few hours before a night out on the town. I decided to head over to a private BCG reception at the local W hotel to mingle with some of the firm consultants. I'd met the Director of Diversity Recruiting a few times before, but it was good to see him again. After that, I went to the awards ceremony at another hotel to pick up my NBMBAA scholarship award with the other ten or so winners. As you might guess considering we were in New Orleans, the ceremony was more of a big celebration than anything, and it was a great lead-in to an unforgettable night on Bourbon Street.

I had a flight back to Chicago Saturday morning. I was on a flight with an MLT buddy who I wrote essays with in Boston, and I arrived home just in time to finish writing my Legal Writing paper for Sunday afternoon. It was quite a long weekend, but it was definitely worth the time. If you're thinking about going to the NBMBAA conference in the future, you should definitely consider attending. The caliber of people are high, the opportunity to learn about companies is paramount, you'll probably be in a pretty lively city, and the employers will likely be aggressively recruiting, which is especially nice in these "odd" economic times.

MBA Conference in New Orleans

Tommorrow at 5:45am, I'll be hopping on a plane to head to the National Black MBA (NBMBAA) Conference. The NBMBAA conference is about recognizing the achievements of blacks in business schools around the country. What an incredible opportunity to meet many of the future minority business leaders from all across the top business schools in the US.

As part of the conference there is a 2-day career fair. Over 400 companies will be there (click here for a partial list), including Accenture, American Express, Google, Booz Allen, Pepsi, Deustche Bank, and Bank of America, just to name a few. Many of these companies will be interviewing MBAs for summer internships and for full-time positions. I won't be doing too much interviewing at the conference because of the nature of my JD-MBA program, but I do have a short list of companies that I plan to chat with a bit and to keep in touch with over the year. I always find it a lot of fun to learn about companies from recruiters, who usually know more about their companies than anyone since they are the gatekeepers. I'm also quite interested in the strategies that companies employ to attract and retain talent and their approaches to increasing diversity, given my high interest in labor issues.

I don't know how many of you have been to these types of leadership conferences, but they're usually a blast. Not only is it the perfect venue to meet lots of ambitious and talented people and a way to position yourself closer to a great summer job, but it's also a good venue to have a lot of fun in a really cool city. Personally, I've never been to New Orleans before, and I'm excited to explore the city by day and to enjoy the city by night. The good news is that I'll see a large number of my MLT friends and Kellogg friends at the conference. It'll be nice to reconnect with everyone.

I'll be in New Orleans on Thursday and Friday, and I'll fly back to Chicago Saturday morning, just in time to get back to my reading for law school and finish up a legal paper by Sunday. Stay tuned for an update on the conference!

MBA Diversity & Hispanic Heritage Month

This weekend, I’ve been doing a lot of research trying to finalize my plans for the NBMBAA (National Black MBA) and NSHMBA (National Hispanic MBA) annual conferences. Having recently won both scholarships as incoming business school student, I am lucky to be able to attend both conferences at no cost. Considering how fortunate I am to be in this position, I've been thinking a lot about diversity, and decided I would take a moment to talk a little about it here, especially in light of Hispanic Heritage Month.

I believe that in America today, we are in a “race” to bring diversity to our professional communities. Even in my short career, I've already learned that diverse teams are essential to success in the market place. Just as cross-functional teams are used to create value in the market, so too do cross-cultural teams offer the richest possibility to improve our businesses, laws, and policies in today's diverse economy. Hispanic Americans represent a large part of this diversity. They make up more than 15% of the US population and add immeasurable value to America’s economy and its communities.

Coming from Arizona, I experienced this firsthand, where Hispanics represent nearly a third of the population and where they contribute to every single part of the economy, white collar and blue collar. Hispanic Heritage Month is the period to recognize all of this value that the Hispanic Americans have had in the United States and a time to celebrate their culture. The observation of the month started in 1968, and more than 40 years later the event is still largely celebrated. The month begins on September 15th, because that day represents the anniversary of independence for Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua (Mexico and Chile also celebrate their anniversaries in September)

Here at Northwestern Law, a good friend of mine happens to be the Hispanic Heritage month Co-Chair for the Latino Law Students Association. She is currently a 2L, and she’s putting together a wide range of events to recognize the efforts of the Hispanic here in the US. Knowing her dedication to the club and to Northwestern, I am certain the events are going to be terrific.

I don’t know exactly what she has in mind, but I suspect it will be something to engage the entire community. For me, an obvious first point of reference being in law school is Sonia Sotomayor, our new US Supreme Court justice. Sotomayor is now the first Hispanic American ever to serve the court, as well as only the third woman. Not only is it a monumental moment in history, but it's also at a time when our economy needs her most.

As the economic crisis still looms over the business and legal worlds, progressive schools have realized that recruiting exceptional Hispanic and other underrepresented minority students is one of the keys to re-establishing America’s long-term success. At the top 20 MBA programs, there are still only 7% to 10% blacks and Hispanics, and in the world of Fortune 500 companies and blue chip law firms, the percentage of CEO's and Senior Partners is about half that.

Although our integration process is still far from complete, we do continue to see progress take place at top graduate schools, especially business schools. Kudos to organizations such as the National Society of Hispanic MBAs (NSHMBA), Management Leadership for Tomorrow (MLT), and the Consortium Scholarship Program, which give access to Hispanic (and other minority) scholarships and professional training. I suggest that anyone who qualifies for these programs consider them as you are applying. And as usual, I'll give a special endorsement for MLT, where the best and the brightest come while applying the business school.

But for a moment, what's more important than winning scholarships and fine tuning your career is that on September 15th we all take a moment to reflect and appreciate the impact that Hispanics and all minorities have had on all of our lives. Furthermore, we should also understand that to further improve our society, it's imperative that we continue to increase the diversity in our schools as well as at all levels of our labor force and ultimately work in teams together. Only then will we be able to put everyone in our nation to their best use and collectively unlock our greatest potential for change.

MLT MBA Prep Application

Hey there prospective b-school applicants. I wanted to pass along a quick reminder about applying to MLT's MBA Prep Program. I'm an alumni of the program and think very highly of it. Applications are currently being accepted for MBA Prep 2011. This would be relevant for minority MBA applicants who intend to enroll in an MBA program as the class of 2013. As I've mentioned in a few posts before, MLT is definitely a tremendous resource, not only in terms of applying to school but also in terms of the resources you will have afterward--career counseling, mentoring, networking, training, and more. For more details, feel free to check out my past post and the MLT website.

For those interested in applying this year, below are the two application deadlines:

1. First-round application deadline is September 15, 2009
2. Second-round application deadline is October 31, 2009

If you are considering applying in either Round 1 or Round 2, MBA Prep does encourage you to consider Round 1. Over the past few years, more and more applicants are applying to MLT, so as a result, it is becoming more competitive. You should never rush your application and should always put your best foot forward. But, on the margin, earlier is better.

Since today is already September 12, some of you will not be able to apply by the September 15. I encourage you to submit on or before the October 31 deadline. Feel free to post any comments or questions you have, and I will respond.

Good luck!

PepsiCo Challenge

A couple of weeks ago, I attended a pre-MBA workship with PepsiCo in New York City. The purpose of the event to show the attendees a little about what it’s like to work in marketing at Pepsi. I was personally interested in the session because Pepsi has a huge presence in Chicago, so I know that at some point, I might make my way there for interview or at the very least, an event they sponsored for Kellogg.

As expected, our day was jam-packed with panels, Q&A sessions, case studies, and a team based project, just like all the sessions I’ve been to. Also, like most of the other boot camps I’ve been too, I was really impressed with all the senior folks who took time from their day to come chat with us. There were a couple of Senior Managers, one or two Directors, and a VP. All the executives came from schools such as Kellogg, HBS, Stanford, and USC, and they all seemed to be high trajectory employees. Reflecting on the personnel who attended and on the rigor of the event, it’s pretty clear that the event was twofold: 1) to sell us on why Pepsi (and marketing) is a great company and 2) to profile potential applicants to PepsiCo down the line.

While I don’t plan to interview for marketing roles after school, the session definitely opened up the marketing profession for me. I got the chance to experience firsthand how marketing professionals approach problems and how cross-functional the marketing role is, at least at Pepsi.

I was also impressed to the extent to which the employees talked about values and how they used them to employ marketing strategies. While a lot of talk a lot about values, Pepsi definitely stood out. Every color they used, slogan they created, and campaign they launched touched on important company principles, such as youthfulness, daringness, larger-than-life attitude, and human performance. It was pretty impressive to see how everything connected behind the scenes.

The highlight of the day was our team project, where the groups was broken into teams, and each team was charged to come up with a new product for PepsiCo to sell. There were 8 or 9 groups, and we all broke off for about 90 minutes to brainstorm, come up with the product details, draw out a informal presentation, and pitch our idea to the Pepsi executives. It was pretty cool to see the variety of different products that the teams came up with, such as a new health drink, a new low-fat ice cream bar, and a new energy snack.

As I’ve continued to experience in these sessions as well as in my pre-MBA consulting career, there is definitely an art to working effectively in diverse groups. No matter how good you are with people or how charismatic you are, working effectively in a group of 5 or 6 people, especially type-A personalities is really hard, especially when there is no clearly assigned leader. I look forward to continuing to practice at Kellogg, where teamwork definitely takes center stage.

Reflecting back on the overall session, I learned that marketing is less about creativity and fuzzy ideas than it is about analytics and rigorous business analysis. The teams who did the best in the Pepsi challenge seemed to work pretty well together and had a solid business plan to back up their creative products.

After chatting with the executives, I also learned that there’s not a whole lot of room for JD-MBAs in the marketing profession, at least not right out of school. While JDs are definitely smart enough to do well in the profession, many of the recruiters don't see a strong academic fit. The good news is that if you are considering the JD-MBA and if you are interested in marketing, the business development function (a cousin to marketing) is definitely a good fit in the long run because of its deal, negotiation, and contractual components.

Although I don’t plan to go into marketing after I graduate, I’m still glad I went to the PepsiCo event and ecstatic that I’ll be going to Kellogg, where I’ll learn a lot about marketing and where I'll probably get more "teamwork" than I can handle.

A little about Management Leadership for Tomorrow (MLT) and MLT on CNN last week

Hey everyone! So, I want to take a few moments to write about my program Management Leadership for Tomorrow (MLT). I've written about the program before, but I'm giving them a special shout out now because 1) I recently finished the MLT program this June and 2) because MLT was recently hosted on CNN’s Black in America series just last week. Check out a clip from the show using the link here.

I am definitely fortunate to have been part of MLT as an MBA applicant, the program is off the hook. Before I give my personal thoughts on it, here is a blurb from the website:

“MLT's MBA Prep prepares early-career professionals for admission to top MBA programs and to make successful post-MBA career transitions. Individual coaching, seminars led by admissions officers, relationship- and skill-building workshops, mentoring from alumni, and in-depth boot camps led by corporate partners are all part of this highly successful program."

My program took place over an 18-month period. In that time, I spent lots of time with my cohort, my individual coach, and my MLT friends, and together we visited campuses, interacted with current MBA students, reflected on personal goals, studied for the GMAT, wrote essays, and met with partner companies and admissions representatives. It was definitely a rigorous experience balancing the program with work, especially as a consultant, but it was well-worth when I got into a couple of really great schools and feel like I have a good head start to accelerate my career.

I just finished my MLT year in June, along with about 150 other fellows. The majority of the fellows got into one of their top choice programs---overall today there are over 500 total MBA Prep Alumni, 90+% get into one of their top three business school choices, and most attend top 10 business schools.

My cohort members were located in Boston and upper New York. There were about a dozen of us all from VERY different professional backgrounds and with very different professional interests. But the common denominator is that everyone is headed to great schools this fall, including Wharton, Booth (multiple), Kellogg (multiple), Tuck (multiple), Columbia, and others. We definitely had a lot of talented applicants.

In general, MLT has lots of kids going to these and other top schools this year. Additionally, MLT also sent a lot of kids to Kellogg this year, which I personally am excited about, it will be great to have a lot of friends down in Evanston.

If you are interested in MLT, you should definitely consider applying. Information sessions are happening all over the US in August for applicants who want to apply in 2010/2011 and graduate in 2013. Take a look at the website and see if any sessions are in your geography. Also, feel free to email me or post any questions about the program here on my blog.

Mckinsey & Co Boot Camp

Along the lines of my last post about Citibank, I also recently went to a pre-MBA boot camp event with Mckinsey & Co in their New York office. It was part of the same weekend as the Citi event back in June. The session was terrific, and I was especially attentive considering that I'm targeting consulting firms post-graduation. There were about 35 or 40 people there, which was useful because I got a chance to meet all the other students in the room as well as the recruiters, consultants and firm partners. I spent a good deal of time with the Kellogg recruiter, which was great, although unfortunately I don't think she'll be the Kellogg recruiter again next year.

Overall, the consultants there seemed pretty similar to the folks I've met at other consulting recruiting events--diverse backgrounds, really smart, highly accomplished, well-groomed, pretty humble, really poised, and definitely headed towards doing big things.

One point of distinction, however, was the fact that "structure" seemed to seep through everything they did. The event itself, the presentations, the conversations, and the way the consultants thought about things and presented all had a real structure to it. I have quite a number of friends who've worked at Mckinsey over the past few years, and from what they told me, there is a really structured way of doing everything there, from billing, to traveling, to staffing, to using frameworks on projects, to even ordering food in the evening. I don't tend to be overly organized or structured by nature, but I'd be fine with that approach in a firm.

A couple of other things that stood out for me were that Mckinsey definitely came off as a place that values personal development, that is quite cooperative (not competitive at all), and that has an aura of prestige in the room. For me personally, what probably stood out the most about Mckinsey is that it also prides itself in being the relationship-driven firm. While relationships are definitely vital to all the firms, I think Mckinsey sticks out in this regard. For one, they've done a good job at staying in touch with the attendees ever since the event. Also, as you can even see from the picture I posted from their website, relationships are at the forefront of what they think about.

What I also saw about Mckinsey is that they like non-MBAs a lot. Not only do they have whole teams dedicated to hiring both non-MBAs and JDs and they had a slew of law graduates and dual degree'rs at the office while I was there. Both of these facts give me a bit more confidence going into the application process. Given how selective the firm is, I'll take every advantage I can get.

Aside from all these things I learned about the firm, my favorite part of the session was the group case study. Mckinsey broke us up into about 7 or 8 randomly selected groups, and we spent about 2.5 hours with our teammates hashing through a study that Mckinsey actually did a couple of months ago. We were tasked with recommending which country in South Africa should a the client foundation fund for the cure of aids, and we were given a 50-page packets with information on about 12 of the countries. It was definitely a good test of some the typical consulting skills-- working with lots of information, navigating an unfamiliar topic, structuring an analysis, working in teams, and presenting. It was pretty interesting to see all the teams present different countries.

Citibank and Leading with Your Heart

A couple of weeks ago, I attended a pre-MBA boot camp event hosted by Citigroup in New York. It was the capstone event that finished off my yearlong process with MLT. I spent one of the mornings with Citigroup's subsidiary Citi Cards and was fortunate to hear 40-year old CEO Paul Galant give a talk. Boy was he sharp. There were about 100 of us there, and Paul thrived in front of the crowd. He talked lot of about leadership and the turbulent times in the financial services industry. His style was charismatic and sincere, and he often referenced the idea getting through to the "hearts and minds "of your workers.

I've often heard the phrase "Great leaders win over the hearts and minds of others." What's interesting about the phrase is that the word heart comes before the word mind in that phrase. I don't think it's a mistake that it was created this way. The heart is what a person believes, dreams about, values, and is committed to. When you can touch someone on that level, then you can become a better leader.

In my experience, this is not often emphasized in today's business world, where the bottom line is king and where analytics and process usually trump other priorities. As an MBA student and business person, I can't argue with bottom line or with P&L, but I would definitely debate that being profitable in the long run is as much about good leadership as it is about cutting costs or anything else.

I liked Paul a lot, and I agree with his philosophy. Upon graduation in 3 years, I hope to work for a firm that values inspirational leadership and looks for that ability in their firm leaders. Unfortunately, I didn't have that experience at all at my last firm.