Friday, October 28, 2011

JD/MBA Program

We have 3 students in our class that are working towards their JD/MBA degree. This is the first year the program has been offered, and it is very unique because it is a collaboration of two completely different schools-NC State and Campbell University. The program is 4 years, instead of the typical 3 for law school and 2 for MBA.
Students spend their entire first year at Campbell in law school classes, and then the second year is all at NC State for MBA classes. The 3rd and 4th years are a combined MBA/Law classes. These students get different classroom experiences (Socratic Method in law school, team based for MBA), that will help them succeed in their careers after graduation.
The collaboration between Campbell and NC State is great for the students for a number of reasons. First, it provides endless career opportunities to have both a law and business background. It also allows the students the opportunity to network with twice as many people as well as people from different career backgrounds. It also provides the students with two separate alumni bases as well as two separate career resources departments to assist with internship/job searches.
http://poole.ncsu.edu/mba/academic-programs/dual-degree/jd-mba/

Thursday, October 20, 2011

Registering for Classes

Class registration started this week on Tuesday @ 8am. Registering this semester was a breeze compared to undergrad for numerous reasons. The obvious being of our 6 classes, 5 were already chosen for us. All we had to do was pick 1 elective to add to the set schedule. Per the 2nd years’ advice, I signed up for Product Brand Management class on T/Th. I was told it was a good class to mix in with the hectic second semester, and it sounds like an interesting class. Our class will be split up for the elective, but I know a lot of us chose the Brand Management class!
The new registration system was new to me. Now, we can register for a “wish list” before the actual registration starts. So on the day of registration, you’re not scrambling around entering class numbers and trying to find the time that you originally wanted.
Undergrad was a whole different ballgame. We used to wake up at 7:30 to make sure we signed in right when the clock turned to 8:00. A limited number of people could log in at once, and we didn’t want to wait in line. None of our classes were selected for us so it was a fight to get into the class you wanted at the best times.
The wish list would have made my life so much easier trying to register for classes in undergrad! Next semester, I will have more control over my schedule/times so the wish list will be a great tool to help me keep everything straight before registration.

Monday, October 10, 2011

October Already??

So Fall Break is already over. We’ve already had 2 quizzes, 3 tests, a presentation and one more midterm this week.  And one week from tomorrow, registration for classes next semester starts!
This semester is FLYING by!
At the start of orientation, we started talking about our internship search and now I’m beginning to see why. All of our resumes are done, so that is step 1. But that’s the only step I’ve really completed. I find myself so concerned with grades and tests and readings for that particular week, I forget my ultimate goal of this year…to land a Marketing internship. Since it’s just for the summer, I’m pretty open to opportunities in different locations. I just need to start making connections through info sessions and reaching out to my friends and family members who may have additional contacts. I know that at least 2 classmates that have worked in the Marketing/Advertising industry and could be great resources for me.
In our career resources class, we started an internship discussion forum. Each person is assigned a week to post on an assigned topic to enhance our internship search. Everyone keeps saying that our classmates are our best networking resources, so we may as well utilize each other and our diverse backgrounds. Hopefully this will jumpstart each of us into researching more for internships early so we won’t have to worry and stress out late second semester!

Thursday, September 29, 2011

Happy Hour

Now that our big Stats and Econ tests are over, we have a reason to celebrate!
Really, we just use Thursday night as an excuse to stop working and enjoy our 2 years in grad school. Since the first week of school, we have chosen different places each Thursday night to go for Happy Hour. So far we’ve hit Raleigh Times, Cameron Village Bar & Grill, Natty Greens, Hibernian, Tobacco Road & East Village.
Tonight is the Village Draft House!
We typically meet around 6ish and have a couple drinks to relax and unwind from the week, and tonight should be our biggest turnout! Everyone has been studying around the clock for our two tests today, so it will be a great way for us to socialize about things other then school.
Our class is very social, and I think its a great way for us to get to know each other. Other then happy hours, we have standing Tuesday Trivia nights, and various other activities through the semester.
One of the first pieces of advice the 2nd years gave us during Orientation was get along with your classmates. Our class is off to a great start in the first 6 weeks!

Tuesday, September 20, 2011

BSG Simulation

Our very first class was MBA 508, the Global Simulation Class. The Simulation has been done at NCSU for 47 semesters, and it changes every time. Basically, we were given the task of running an athletic shoe company with wholesale, internet and private label markets. All 10 teams started in year 10 with all the same stats and market share. Our group had to come up with a strategy that we thought would enhance our market share which producing a quality shoe.
My team (iDominate), decided to make a few big moves the first year:
  • Building an additional production plant in Latin America
  • Taking out a hefty loan
  • increasing the quality of shoe in our Asia Pacific plant.
It paid off fairly well for us, but when we realized we had only built a 1 million dollar plant in LA and a competitor had built a 4 million dollar plant, we took drastic measures. We added another million to our AP plant and completely took ourselves out of the private label market. This put us in 2nd to last place, strongly competing with two of the top companies in the class so it forced us to change our strategy once again.
We started making small changes to break away from our competitors and gain a competitive advantage. After 4 years, we were back up in 4th place, and after 5 years our stock price had more than quadrupled. It was only a game, but I definitely learned a lot about business decisions especially financially.
This class was a great start to the semester! It eased us into the frameworks of everyday business decisions, and we had to deal with real problems and issues that come up in business every day. We also had to make a group presentation on our marketing strategies, regional differences, financial decisions, and what we may have done differently. This was our first (of many) presentations, so it gave us a good feel of how we presented and what we need to work on for future presentations in the MBA program!

Monday, September 12, 2011

I-Cubed

For our MBA 530 project, we are required to work with a company to help them fix a problem they are currently facing. We were encouraged to reach out to companies and see if they would be interested in working with us for the semester. Through various contact and LinkedIn, Brian found out about a company on Centennial Campus...I-Cubed. Grant Williard, a NCSU Alum, started the software company in 1984. He developed the technology that led to the created of I-Cubed while working on his senior design project sponsored by IBM. Since then, I-Cubed has grown to 75 employees and expects to reach about 125 within 5 years.
We met with their HR Manager, Erica and CEO, Donald to find out the areas they were looking to improve. Their main concern with the rapidly growing company is the communication. Hierarchy structures have been put in place, and effective communication between departments and managers haven’t come as easily as they would like.
Our job is to come up with a strategy to break down the communication barriers and have more effective communication within the company.  It’s a semester long project, so we will have meetings with I-Cubed fairly often. We’re excited and up for the challenge!

http://www.i-cubed.com/

Tuesday, September 6, 2011

Groups

During orientation we were separated into small groups of 4-5 people that we would be working with for the entire year. That made me a little nervous.
All these questions were going through my head: would we all get along? Would we hang out outside of class? Would there be one person who slacks off? Would we have a person that wouldn’t get anyone else get a word in? Would we work well together for two entire semesters??
Wednesday right before lunch we were handed a sheet of paper assigning our teams. I was placed on Team 9 along with Donavon Boykin, Mark Frazier, Brian Kubis and Peter Landis. My first reaction was, well I’ve only talked to Mark, and that was Monday morning for about 10 minutes so I know nothing about any of these 4 boys. Within 5 minutes I realized I was stuck with 2 TarHeels, a Pirate and thank goodness another NCSU Alum (who is unfortunately graduating at the end of the year).
Throughout that day at the ropes course, we started to get to know each other better and realized we all had completely different backgrounds. We each had so much to bring to the table and we are willing to work hard, but also wanted to have fun. 
And so “Team Dominate” was formed.
Well 3 weeks into school, I couldn’t be happier about my group. We laugh, have fun and joke around...but more importantly we support each other and push each other to the limits in order to reach our full potential. We each play to our own strengths, and help each other in our weak areas. These groups are designed for not only class projects, but also for studying and keeping up with class materials. I’m excited that we all get along so well and are able to joke around while still getting our work done.
Meet Team Dominate 
Brian, Donavon, me, Mark & Peter