MBA Program in Session
As we approach the end of our fall semester, the new, full-time, accelerated MBA program moves full steam ahead. With 24 students from diverse backgrounds and undergraduate degrees enrolled in the program, it marks exciting growth opportunities for the School.
MBA Quick Facts
- Globally focused curriculum
- Concentrations in Marketing and Finance
- Undergraduates from Colgate, George Washington, Wake Forest, South Carolina, Clemson, UNC Charlotte, Texas A&M, University of Miami, and CofC
- 68% of candidates majored in business related areas
- 32% of candidates majored in non-business related areas including history, communications, political science and pre-vet
- 60% of candidates have work experience
- Average age is 26
June will soon be here when all students will embark on their trip to China. During their three-week study abroad, the students will expand their global awareness by visiting multi-national companies and business leaders in those organizations.
“I was looking for an MBA with a strong global emphasis and academic rigor,” says Matthew McDonnell, a Colgate University undergraduate and president of the MBA Association. “This program exceeds my expectations on every level.”
Mind Your Business Fridays
A unique feature of the program is Mind Your Business Fridays. Each Friday goes beyond the typical classroom experience to learn more about specific industries and to develop professional skills. Mind Your Business Fridays guest speakers include:
- Jack Tate, founder of Baby Superstore (sold to Toys R Us)
- Bob Siegel, retired Chairman and CEO of Lacoste USA and pioneer of the Dockers® brand
- Don Scales, CEO of iCrossing
- Justin McLain, CEO of Endeavor Telecom, Inc., member of the School of Business’ Board of Governors and alum
- Rick Throckmorton, retired VP and lead partner, Booz Allen Hamilton
- Holland Williams, director of career development, School of Business
- Joseph F. Rice, founding member, Motley Rice LLC
Interested in the MBA? Visit the MBA web site.
CUBE- Learning Hands-On Retail
Whenever Barbara Green, administrative coordinator for the Hospitality and Tourism Management department, craves a quick-fix snack or cup of Joe, there’s no need for her to head to Starbucks. She just walks downstairs to the first floor of the Beatty Center to CUBE, the coffee and snack shop operated by the Students in Free Enterprise (SIFE) team.
CUBE – the Cougar Undergraduate Business Enterprise – opened in 2007 as a start-up operation by SIFE. The value to students is learning critical operations management skills while raising sustainable funds to support SIFE’s goal of winning a national competition.
CUBE is breaking sales records this semester, averaging over $500 per week by selling everything from gourmet coffee and filtered water to energy bars and photo copies for students. Sales have increased 45 percent compared to last year, with a profit margin of 50 percent.
It’s a learning laboratory that allows students the opportunity to develop practical management skills including purchasing, inventory control, staffing, budgeting, merchandising, product testing, pricing and profitability. SIFE advisor, Dr. David Desplaces, says, “Through training and management best practices, students learn what it takes to run a small retail operation. These skills are also transferrable to any business environment.”
The team is constantly testing new items to improve customer service. CUBE’s newest addition is a water filtering system to cut down on plastic bottles and provide water at a discount to those who bring reusable plastic or aluminum bottles. This effort supports SIFE’s push for environmental sustainability as outlined in one of its project categories.
“It’s come a long way,” explains SIFE President Elise Lasko. “As we get close to the end of the first semester, it’s interesting to see what more we can do to increase sales.”
In the spring semester, the SIFE team will become a training ground for high school seniors in the Charleston County School District. These students will work side by side with the CUBE staff to learn the same skills needed to operate a small-scale retail operation.