So, have you heard that Booth has a flexible curriculum? When I was initially doing research into business schools I felt this feature came across loud and clear every time I looked at Booth, but I didn’t really understand why it was significant. Maybe it was just my background in economics, but it seemed to me that if I was going to make a significant investment in business school, I should have the freedom to choose what classes I wanted to take and when. Since then I have realized that this is a truly unique aspect of Booth, and have found that it has been extremely helpful for me in three major aspects of my B-school experience:
I was 24 when I started at Booth. At the time, I had only two years of professional experience. I was incredibly worried about starting with a huge disadvantage but once I got here the feeling quickly disappeared. In future posts, I’ll explore why I think Booth is a great school for early career candidates and provide some tips for any early career readers. Before thinking about which school you should attend and the best way to gain admission, you should first understand where you’re at in your career and what an MBA can do for you. Here are some things I tried to think about before enrolling:
The next few days passed by in a blur. In between classes, corporate events, study groups, and other case competitions (two of our members were involved in a Booth Business Solutions Group case project as well), we somehow found time to meet, discuss our findings and come up with a solution. By the time we presented our recommendations to the Kraft and Chicago Booth faculty judges three days later, we had learned much in that short time about marketing, Nielsen data, managerial decision-making, and strategy. Everybody in my team was invigorated by the fact that we had an opportunity to take a sneak peek into a real challenge that a huge Consumer Packaged Goods (CPG) company faces. We had been told countless times by recruiters, alumni and second-years that companies look for future employees who can deal with ambiguity, and we finally had a chance to practice. This wasn’t an in-class case where a professor would guide us in discussion to a particular solution, and it wasn’t a homework problem set where we would get the answers. We had to use limited data, analyze it, and come up with suggestions for future steps. That’s as real as it gets as an MBA student practicing critical business skills, and exactly the kind of problem solving that our Booth classes train us for.
Though my team did not win the competition, we felt that we gained a great deal through the experience. We were reminded once again of why we chose to apply to and attend Chicago Booth and why it is the right place for us. We were able to combine our quantitative and qualitative analytical skills and apply them to a real-world business. We were able to present our ideas to the real decision-makers at Kraft. We listened to Deanie Elsner’s words of wisdom, and were gratified to learn that she was impressed by everybody’s findings and mentioned that with the increasing importance of big data, it was a great time to be Chicago Booth students on the forefront of research designed to grapple with these kinds of high-level analytical problems. The Kilts Case Competition was simply unreal in terms of the level of learning, application of our classroom marketing knowledge to actual business problems, and teamwork and camaraderie we got to experience with our new classmates over the course of a few days.
Jeffrey Chao is a first year student at Chicago Booth. Prior to Booth, Jeffrey worked as a financial analyst on an energy trading floor and as a consultant focused on financial transformation and procurement analytics. Jeffrey has always had a passion for sports, and, once upon a time, he interned for Major League Baseball and the National Football League. At Booth, Jeffrey is a member of the Corporate Management & Strategy Group, Dean Student’s Admissions Committee, and Wine Club.
|Jon Hay and Michael Gries share their
experiences in sports business
|Second year Booth MBAs present
|Booth alum David Sally’s keynote|
William K. Lee is a rising second-year student at Chicago Booth. This summer he was an intern at Polymath Ventures, an innovative company builder in Bogotá, Colombia, and he shares some of his experiences in this interview. Prior to Booth, he worked as a software engineer for Bay Area Internet companies including eBay and Wikia. He came to Booth because he wanted to shift to the business and management sides of technology, so his summer internship gave him a great opportunity to practice the high-level skills he has developed in business school. Moreover, the opportunity allowed him to step out of his comfort zone and tackle new challenges in a new place. Will is active in the entrepreneurship scene at Booth and in Chicago and is a Co-Chair of the Booth Entrepreneurship and Venture Capital Group (EVC) for this coming year. Outside of school, Will is training for October’s Chicago Marathon (his sixth) and enjoys playing bar trivia with other Boothies.