By Chicago Booth August 9, 2014 Leave a Comment

On July 12, 57 scholars hailing from 19 different countries and pursuing a broad range of interests including education, music and consulting arrived in Chicago for the Summer Business Scholars Program. The scholars brought diverse perspectives, and were ready to discover what it means to pursue and leverage an MBA. Last Friday, they celebrated 21 days of furthering that discovery and reflected on the time spent together within the walls of the Harper Center and beyond.

As they took on intensive courses in Corporate Finance, Accounting, Marketing and Leadership in which a semester of learning was condensed into a single week! the SBSP Class of 2014 had the opportunity to interact in workshops with outstanding Booth faculty including Professor Linda Ginzel, who challenged students to share value through cooperation in the process of negotiation; and Professor Art Middlebrooks, who introduced data-driven models for the new age of marketing.

Complementary to the academic experience, the scholars were able to see the different paths that an MBA could take their careers. They looked through an entrepreneurial lens at the Center for Innovation Exchange where Katlin Smith, CEO and Founder of Simple Mills, the recent Chicago New Venture Challenge winner, spoke on the challenges of starting a successful business.

They gained hands-on experience in casework at Boston Consulting Group and C-level insight into investment research at Morningstar, Inc. They felt on top of the world touring the “green” roof of Chicago’s City Hall before receiving sound advice from Deputy Mayor Steve Koch ‘82. Capping off the final week of corporate visits, scholars asked Chicago Cubs owner Tom Ricketts ‘93 about the challenges around of carrying on Wrigley Field’s 100-year-old-legacy from a business and operational perspective.

Through challenges in the classroom and hearing from Chicago Booth alumni who have created a space for themselves in diverse industries, the scholars developed a deeper understanding of business and their own interests. They showed curiosity and a willingness to take risks in the midst of ambiguity and actively expanded their self-awareness–making greater sense of strengths and interests. It’s our hope that these insights will help guide them in the next steps of their lives.

Perhaps the greatest takeaway for the Summer Business Scholars was the importance of forming relationships–not only with mentors or teachers, but also with their peers. Much like Chicago Booth students, scholars live to support each other.

They stayed up until the wee hours going over finance homework.They ventured out together to find the best food, sports games, and sites, all heavily using #SBSP2014 to document their findings along the way. All cherished the time spent with an incredibly diverse group of young people who they might not have otherwise met. We know our scholars will carry these relationships and a pay-it-forward attitude as they make their way back to the corners of the world from which they journeyed.
 
Congratulations to the SBSP Class of 2014! It was inspiring to get to know each member of the class and watch their journeys unfold. We can’t wait to see where they will take all that they have discovered, and hope that one day it will lead them back to Chicago Booth.

All the best,
Kylie, Glenn and Meghan

About Chicago Booth

The University of Chicago Booth School of Business. Since 1898, Booth has produced ideas and leaders that shape the world of business. Our rigorous, discipline-based approach to business education transforms our students into confident, effective, respected business leaders prepared to face the toughest challenges.

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