Indiana University Kelley School of Business RECRUITMENT AND SCHOLARSHIPS/FELLOWSHIPS What programs and initiatives has your school found successful in the recruitment of minority and/or female students? Each fall we host Kelley In Focus, a special campus visit weekend designed to introduce diverse candidates to all that s possible with a Kelley MBA. Through the weekend participants meet current students, faculty, staff and alumni, tour the facilities, experience a sample case discussion and attend workshops highlighting the unique Kelley curriculum, the admissions and financial aid process, student life and graduate career services. Hotel accommodations and meals are provided for all weekend participants. We offer a similar weekend each fall for prospective female MBA candidates. The Kelley School of Business is a founding member of the Consortium for Graduate Study in Management, an alliance of 14 top business schools. Founded in 1966, the Consortium, along with corporate partners, strives to enhance diversity in business education and leadership by helping reduce the underrepresentation of African-Americans, Hispanic Americans and Native Americans in both the member schools enrollments and in the ranks of management. Through our affiliation with the Consortium we participate in a series of information sessions scheduled each fall throughout the United States designed to introduce prospective students to the benefits of both Consortium membership and the Kelley MBA. With the Consortium, we also host application workshops designed to help candidates better prepare for the MBA application process. We are a sponsor of Management Leadership for Tomorrow (MLT). Through our affiliation with MLT we work with a cohort of future MBA applicants, introducing them to the Kelley MBA program and working to help them better understand the MBA application process. Through networking sessions, mock interviews, application workshops and other outreach efforts, we help MLT participants prepare more competitive applications. We are also a sponsor of the Forté Foundation. The Forté Foundation is a consortium of major corporations and top business schools that has become a powerful change agent in educating and directing talented women toward leadership roles in business. With the Forté Foundation, we strive to motivate young women to prepare for a business career; increase women s access to education and business networks; educate women on the value of an MBA; and support women financially in their business education. We participate in a series of Forté Forums each fall scheduled throughout the Unites States. The Forums introduce women to the benefits of an MBA and help raise awareness of the impact women can make on business and on society. Please describe any scholarship and/or fellowship opportunities for minority and/or female students attending your school. Name of fellowship program: Consortium for Graduate Study in Management Fellowship Deadline for application: January 5th Fellowship award amount: Over $75,000 for a non-indiana resident Website or other contact information: www.cgsm.org or www.kelley.indiana.edu/mba The Consortium Fellowship provides a full-tuition scholarship for each year of the MBA program. In addition, Consortium membership provides students with access to a strong alumni network, early contact with top business and professional organizations and career advice and professional development through the annual Consortium Orientation Program. Eligible candidates include U.S. citizens and U.S. permanent residents who are African-American, Hispanic American or Native American, as well as other persons who can demonstrate a commitment to the Consortium s mission and can best assist the Consortium in pursuing this mission. Name of fellowship program: Forté Fellowship Deadline for application: January 15th (recommended deadline) Fellowship award amount: Approximately $38,000 to over $75,000 for a non-indiana resident Website or other contact information: www.fortefoundation.org or www.kelley.indiana.edu/mba PROMINENT ALUMNI/FACULTY Please provide information about prominent minority alumni from your school. Faye Ferguson, MBA 1978, co-chief executive officer, Burrell Communications, Chicago Passionate, proactive, leader, strategist... these are words that describe Fay Ferguson, co-ceo of Burrell Communications. Fay is responsible for overall account management, financial operations, human resources, information technology, office services and administration. Burrell has experienced impressive growth under Ferguson s leadership, with new business wins from clients such as Allstate Insurance Co. and pharmaceutical/health care companies Zimmer, Pfizer and Abbott Laboratories. Ferguson has received numerous awards, including being named the 2006 Chicago Advertising Woman of the Year by the Women s Advertising Club of Chicago and the Chicago Advertising Federation; the Advertising Working Mother of the Year, Trailblazer Mom award from Working Mother magazine and the Advertising Women of New York; the Most Influential Woman Award from the Women s Leadership Federation; and an Outstanding Women in Marketing Communications award presented by Ebony magazine. 322
Ferguson serves on the executive board of Perspectives Charter School, an inner-city Chicago school. She is also a board member of the American Association of Advertising Agencies Chicago Council, the Turner/Patterson Company and is the current president of the Chicago Advertising Federation. She is especially proud of being able to successfully manage her career, being a mom and helping others. Derica Rice, MBA 1990, senior vice president and chief financial officer, Eli Lilly and Company Rice, who received an MBA in 1990 from IU s Kelley School, became senior vice president and chief financial officer of Eli Lilly and Co. in May 2006. He is a member of the company s policy and strategy committee and the operations committee and had been vice president and controller since July 2003. Rice joined the company in 1990 as an international treasury associate. He held various assignments as a sales representative, manager of global financial planning and analysis for the medical devices division and global planning manager for pharmaceuticals. In 1995, he became finance director and chief financial officer for Lilly Canada. In 1997, Rice was promoted to executive director and CFO for European operations based in London. He was named general manager of Lilly United Kingdom and Republic of Ireland in January 2000. Rice serves as a member of the boards of directors for Target Corp., Clarian Health North and The Center for Leadership Development. He also serves as a member of the IU board of trustees and the board of governors of the Indianapolis Museum of Art. Born in Decatur, Ala., he received a BS in electrical engineering from Kettering University (formerly the GMI Engineering & Management Institute) in 1988. Louis Jordan, MBA 1980, senior vice president of finance, Starbucks Coffee Company Louis Jordan became senior vice president, finance, for Starbucks Coffee Company on February 23, 2009. Prior to that position, Jordan served as chief financial pfficer, global retail and digital commerce for Nike, Inc., in which his management scope included finance responsibility for all Nikeowned retail and factory stores as well as digital commerce activities globally. Jordan joined Nike in February 2003 as chief financial officer, U.S. retail, and he also headed up global business planning for Nike, Inc., for two years. Jordan received bachelor s and master s degrees in history from Westmar College and Brown University, respectively. He earned an MBA in finance from the Kelley School of Business in 1980. At IU, Jordan was a Consortium for Graduate Study in Management Fellow, president of the Finance Guild and recipient of the Outstanding MBA Award in 1980. Since receiving his MBA, Jordan has worked for a succession of Fortune 500 companies, including DuPont, Dun & Bradstreet, Citibank, Duracell and The Gap. Jordan, along with his wife Lynda, began production of estate-grown Bordeaux-style wine in 2006. The Louis and Lynda Jordan vineyard, under the brand name Tympany 5, is located in the Alexander Valley of Sonoma County, California. Jordan has served as a member of the board of directors of the Kelley School of Business Alumni Association and as president of its San Francisco Bay Area Alumni Chapter. He has been a member of the advisory board of the Indiana University Johnson Center for Entrepreneurship and Innovation since 2006. Please provide information about prominent alumnae from your school. Kathy Vrabeck, MBA 1989, former president, Activision Publishing Kathy Vrabeck is former president of Activision Publishing. In that role, she oversaw the company s product development activities worldwide, directed research, development and product acquisitions and led the company s global brand management operation. Shortly after her appointment as president in October 2003, The Hollywood Reporter named Ms. Vrabeck as one of the 100 most powerful women in the entertainment industry in its December 2003 Women In Entertainment special issue. Prior to being named president, Ms. Vrabeck held the position of executive vice president of global publishing and brand management for three years, where she oversaw Activision s worldwide publishing operations. Ms. Vrabeck joined Activision in 1999 as executive vice president of global brand management. In this role, she was responsible for the development of multitiered, cross-platform strategies for the company s brands, providing global marketing input for development projects and the implementation of all marketing activities in North America. Before joining Activision, Ms. Vrabeck was senior vice president/general manager of ConAgra s Snack Food Division where she led a cross-functional business team responsible for $800 million in revenue. She also served in various marketing and sales roles for the Pillsbury Company, Quaker Oats Company and Eli Lilly & Company. Ms. Vrabeck received a BA from DePauw University and an MBA from Indiana University. BusinessWeek named Ms. Vrabeck to its 2005 list of 25 up-and-comers in the media industry. Cheryl Bachelder, MBA 1978, president and chief executive officer, AFC Enterprises Cheryl A. Bachelder joined AFC in November 2007 with extensive experience in brand building, operations and public company management. She has served as director of AFC Enterprises since November 2006 and True Value Corporation since July 2006. From 2001 to 2003, Ms. Bachelder was 323
the president and chief concept officer for KFC Corporation in Louisville, Ky. While at KFC, she was responsible for leading their U.S. restaurants, including operations and all other functional areas of the business. From 1995 to 2000, Ms. Bachelder served as vice president, marketing and product development for Domino s Pizza, Inc. During her tenure, she was the brand architect responsible for contemporizing the restaurant chain during which time the chain saw steady same-store sales growth for five years across 5,400 units. Prior to her restaurant experience, Ms. Bachelder served as general manager of the LifeSavers Division of RJR Nabisco. Her early career years included brand management roles at The Gillette Company and The Procter & Gamble Company. Ms. Bachelder holds a BS in business administration and an MBA in finance and marketing from the Kelley School of Business at Indiana University. Maggy Siegel, MBA 1980, president and chief operating officer, Dylan s Candy Bar Maggy Siegel joined Dylan s Candy Bar in New York City in 2008 as president and chief operating officer. Dylan s offers more than 5,000 varieties of candy, from imported and elegant specialty goods to novelty items. In addition to its mouthwatering varieties of sweets, the Dylan s Candy Bar retail locations features cafés, private party rooms, nostalgic shoppes and lifestyle boutiques filled with unique, candy-related gifts. Prior to Dylan s, Ms. Siegel was president and CEO of Judith Leiber LLC, a leading luxury evening bag company. She quickly invigorated the company by expanding the product offerings and growing the brand s awareness and international distribution. From 1983 to 1994, Ms. Siegel held a wide range of positions at Tiffany & Co. She began in the finance area, participating in the 1984 LBO from Avon, moving into merchandising and product development in 1986. Ms. Siegel also headed up fine jewelry and watches at Chanel and opened their flagship store in New York in 2002. Previously, Ms. Siegel spent five years at Coach running the international division and establishing Coach s first licensed product, watches, with the Movado Group. Ms. Siegel is a 1980 MBA graduate of the Kelley School of Business at Indiana University and earned a bachelor s in music, also from Indiana University. She is a member of the Kelley School Dean s Council and is vice president on the CancerCare s board of trustees. CURRICULUM AND RESEARCH Please describe any symposiums or special lectures that focus on diversity and minority issues organized and/or sponsored by your school. Politically Incorrect Diversity Panel Series: African-American Culture Excel Leadership Diversity Conference Women in Business Night ORGANIZATIONS AND STUDENT LIFE Please provide information on your school diversity student and alumni organizations. Kelley Association of Women MBAs kelley.iu.edu/mba/mbaa/kawmba Number of current members: 127 One of the most active clubs in the MBA Association, Kelley Women strives to provide ample networking opportunities and events that help further develop students both personally and professionally. Black MBA Association (BMBAA) www.kelley.iu.edu/mba/mbaa/bmbaa Number of current members: 22 The Black MBA Association seeks to enrich the experience for its members by sponsoring activities that promote professional development, cultural enrichment and social interaction. Professional emphasis is placed on those issues that directly affect the role of African-Americans in management and that impact the business community at large. Members are exposed to networking opportunities through annual events such as the National Black MBA Association Conference. Externally, the organization is committed to promoting awareness and interaction by sponsoring activities with other MBA clubs. This role has extended beyond the graduate community to include a formal mentoring relationship with minority undergraduate business students. 324
Latin MBA Association (LMBAA) www.kelley.iu.edu/mba/mbaa/lmbaa Number of current members: 15 The Kelley School of Business Latin MBA Association is a student-run organization with the goal of fostering the relations between the Kelley School and the Hispanic students, faculty, corporations and institutions and to increase the informal ties among all its members. LMBAA s membership includes a mix of Latin Americans, Europeans and North Americans. The association is open to all nationalities. Please describe any off-campus resources, activities, programs and/or organizations that may be of interest to minority or female students. Consortium for Graduate Study in Management Forté Foundation Management Leadership for Tomorrow National Black MBA Association National Society of Hispanic MBAs CAREER OPPORTUNITIES Please describe any diversity recruiting events for employers recruiting minority and/or female students at or near your school. The Kelley School of Business partners with the following minority organizations that support minority and female students careers: Consortium for Graduate Study in Management Forté Foundation National Association of Women MBAs National Black MBA Association National Society of Hispanic MBAs DEMOGRAPHIC INFORMATION Please describe the demographics of your most recent entering class. As a percentage of total entering class. Percentage of female students: 26 percent Percentage of minority students: 17 percent White/Caucasian: 42 percent African-American/Black: 6 percent Hispanic/Latino: 2 percent Alaskan/American Indian: 1 percent Asian: 7 percent Multiracial: 1 percent Average age of students: 28 Please describe the geographic diversity of your most recent entering class. Percentage of in-state and out-of-state students: In-state: 15 percent; Out-of-state: 85 percent Distribution of students from different U.S. regions: Mid-Atlantic: 6 percent Midwest: 51 percent Northeast: 13 percent South: 8 percent Southwest: 5 percent West: 18 percent 325
Please describe the selectivity of your school for the most recent application cycle. Number of applicants: 1,381 Number of admits: 470 Number of matriculants: 227 Please describe the academic and employment backgrounds of your most recent entering class. Average years of pre-mba work experience: Five Percentage of students who studied different undergraduate disciplines: Humanities: 10 percent Social science: 16 percent Science (includes engineering): 35 percent Business/commerce: 37 percent Other major/field of study: 2 percent Please provide student employment information for the most recent graduating class. Class of 2007/2008 Average starting salary: $91,869 Percentage of students entering different industries: Consulting: 11 percent Consumer products: 22 percent Financial services: 17 percent Manufacturing: 15 percent Media/entertainment: 1 percent Petroleum/energy: 2 percent Pharmaceutical/biotechnology/health care products: 10 percent Real estate: 1 percent Technology: 5 percent Other: 1 percent Percentage of students working in different functions: Consulting: 15 percent Finance/accounting: 32 percent General management: 5 Human resources: 1 percent Marketing/sales: 36 percent Operations/logistics: 3 percent Other: 8 percent 326
Major recruiting companies: Abbott Labs Bank of America Best Buy Cummins Deloitte Consulting Eaton Corporation Eli Lilly Ernst & Young General Electric General Mills Kraft Procter & Gamble Sears Holding Corp Target Whirlpool 327