the SOURCEfrom students to students

pg.1

In This Source...Welcome Back Message from the SRC; Clubs and Upcoming Events in Term 1; Exchange Stories;

from students to students 2010 term 1, 1st edition

the back to school issue

SOURCE

the SOURCEfrom students to students

pg.2

Feb

ruar

y 20

10

Hello everyone!

Welcome the full- and par t-time

intakes of January 2010 to the MBS

Community. I would also like to welcome the

exchange students to MBS; I do hope you

enjoy your time here. To the rest of

students, Welcome Back!

I would like to thank Richard

Co lumbine, Ash ish Chopra, D ipa l i

Contractor, Andrew Bayley and Barnali Saha

for all their hard work, and who stepped

down at the end of last term from the SRC.

I am looking forward to working with

the new members of the team – Luis de la

Vega, Adrian Coates, Danijela Mirosa, Ryan

Gunasekara and Tania Zivkovic.

The SRC team this term is working

hard to ensure that the views and concerns

of the student body are heard, and we

hope that at the end of the term we can

see the benefits through increased student

communication and feedback, and sourcing

of student input in activities. I encourage

you to keep letting the school and the SRC

know of your thoughts, as we can only

represent the student body effectively with

your help.

This first issue of The SouRCe is an

information issue about the new SRC and

the upcoming events that will happen in this

term 1, 2010. There is Welcome BBQ, Mid

Term Drinks, MBS-AGSM Cup, MBS Ball and

End of Term Party to name a few events to

look forward to.

Make sure you join SRC at MBS on

Facebook to keep you updated with

upcoming events and activities we

organized. Keep an eye also on the student

news, posters around the school and the

Plasma screen notice board in the cafeteria

for further details.

There are 22 student clubs that you

can participate in, so make sure you join

and meet your other fellow students with

similar interests.

Good Luck for starting the new term

and I’m looking forward to see you around

the school and upcoming events! It will be a

great term!

UW

PRESIDENT’S MESSAGEURSULA WINTERS

Talk to the SourceThe SRC wants to hear your opinion in order to make the best use of this communication channel. Tell us how you like the format, how did you like the content, what articles would you like read in future issues, or other comment and suggestion you may have!

source@mbs.edu

the SOURCEfrom students to students

pg.3

Kunal BadianiVice President

Danijela MirosaCommunity

Adrian CoatesCareer

Luis de la VegaTreasurer

Jen BabaianSecretary & Events

James MugodoStudent Experience & Clubs

Priyesh UpretiIT & Library

Tania ZivkovicCommunications

Ryan GunasekaraAlumni

the SOURCEfrom students to students

pg.4

Upcoming Events at MBSMBS - AGSM CupIt’s on again, the gloves are off, and this time we are serious....

The annual bout with the northerners will include a debate, sporting activities and networking (ie drinking) events on Friday and Saturday night as well as a welcome drinks and canapes in the courtyard on Friday.

The MBS-AGSM cup will run from Friday, March 26 to Sunday 28th of February. Those interested in participating should ge t i n t o u c h w i t h J e n Ba b a i a n jennifer.babaian@student.mbs.edu

Mid-Term DrinksIt’s a hard-fought 6 weeks, so make sure you get out to blow off some steam at the mid-term drinks. It will be held the same weekend as the MBS-AGSM cup, so take the opportunity to meet some out-of-town B. School students and see what

the competition is all about. You could also take one for the team and see if you can Mess them up for Day 2 of the cup, but you didn’t read that in the SouRCe.

MBS BallTime to get out of the suits and “business casual” (or shorts & flip flops if you are a full-timer) & put on some style for the 2010 MBS Ball. This is the must-do event on the MBS Calendar. It’s like the Brownlow Medal dinner, but with a higher GMAT average and possible not quite as tacky. Like the Brownlow, you still might end up leaving the casino at 8am the next day, but the Herald Sun reporter won’t be ther e to take the embar r ass ing photograph.

The MBS Ball will be held on Saturday, April 24. More details will be forthcoming. Watch this space.

End-of-Term PartyAnother “not-to-be-missed” item to put in the calendar. Sure, you will be exhausted from your various exams. We know that your friends and family are making pointed questions about whether of not you have absconded to Bolivia over the last three weeks...

However, the EOTP is a great way to de-stress and another opportunity to mix with all those people you see in the corridors at MBS but haven’t a clue who they are. For some, it will be their final drinks as MBS Students, so it’s also a good place to start networking with freshly minted MBS alums. The drinks will be held on Friday May 7 at the end of exam week.

“Who Is...?”Seen at a recent party... The photo to the left qualifies for our first “Who is...” challenge. The first person to identify the three MBS students in the above photo get the first dance with our fearless President at the MBS Ball. Email us at:

SOURCE@MBS.EDU

the SOURCEfrom students to students

pg.5

Music ClubMBS Music Club to Put Up the Big Ensemble!

With a view to make MBS life more exuberant and fun, a few of us have recently got together and created this new club called MBS Music Club. Just from the name of it, you get the whole idea. Yes, this one is for all music enthusiasts!

Our members are those who possess music related skills, want to nurture their talents (and, may be, want to make one or two performances at times!), those who are interested in learning some music or enhancing their music skills and, of course, those who simply ENJOY music.

The major goals of the club is to develop a common platform for the MBS students with special interests in music, to bring the talents in music together and facilitate them in nurturing their passion about music, and to make the campus a more fun place for all of us. It also intends to promote cultural exchange through music, and finally, to unite the MBS community through music for any special cause (e.g. recent Haiti earthquake).

The planned activities include (not exhaustively) - accumulating musical talents at MBS and form groups or bands in order to nurture the talents and skills, arranging training sessions for general students who are interested in developing skills in music, organizing periodic musical events or music festivals at school to promote cultural exchange through music

as well as to enhance the ‘quality of life’ of the general students during their studies at MBS (e.g. MBS World Music Festival, MBS Winter Music Festival etc.), and convening special concerts or musical events for special cause (e.g. fund raising campaign, awareness building campaign etc.)

At the moment, MBS Music Club’s primary focus is on signing up the ‘music fanatics’, streamlining some administrative issues, developing a cool website, and, most importantly, gathering the information about all the music talents (to whatever degree it is), and developing a database of the entire music talent pool at MBS. So, hurry up!

For joining the club, simply write to s h a h e d . s m @ s t u d e n t . m b s . e d u o r andalib.alam@student.mbs.edu.

Club Activities & NewsThere are a whole raft of activities being organised this term by the plethora of clubs at MBS. Below is just a selection of what’s happening in Term 1. To stay up-to-date with events, keep an eye on the SouRCe, visit the club webpages on MBS Direct (http://direct.mbs.edu/clubs-and-src/default.aspx) and Sign-up to the mailing lists. After all, Business School is much more than just attending a few lectures!

MUECPlan> Pitch> Pursue Start your own company with MBS Students and Alumni

Want to use your business skills and ideas for entrepreneurial ends? Got a business

idea, but you’re not sure how to get started? Like to work with experienced entrepreneurs to refine a business plan?

You need to think about joining the Melbourne University Entrepreneurs' Challenge.

Melbourne University Entrepreneurs' Challenge (MUEC) is a business plan competition run by MBS and the University of Melbourne since 1999. It offers a supportive environment for students and alumni to put their ideas to the test, turning dreams into reality.. (Cont...)

the SOURCEfrom students to students

pg.6

MUECMUEC has helped to launch many successful careers and businesses in the past decade.

Throughout the competition (February to April), teams attend workshops and lectures on subjects related to starting a business, such as Management of Intellectual Property, Marketing Strategy, Writing a Business Plan, Measuring Social Impact, and many more. Teams will also have access to investors, entrepreneurs, business professionals and academics who will take on judging and mentoring roles. MUEC 2010 will also see, for the first time, a Social Entrepreneurship stream, which includes an exclusive Social Entrepreneurs’ Prize.

All teams in the competition get to make an elevator pitch and the best business plans advance to compete in the Grand Finals to compete for the Grand Prize. Both the Grand Prize and the Social Entrepreneurs’ Prize includes a cash award and in-kind services that goes toward taking the next step of implementing the winning idea.

If you're still not sold, here are five great reasons why you should join MUEC:

1. You’ll learn how to write a business plan and understand the key points about starting your own business

2. You’ll be able to incubate your idea in a suppor t i ve and p r o tec ted environment

3. You’ll be given help to refine your business idea with teammates and a panel of experts

4. You’ll be given valuable feedback from judges and mentors, who are experienced entrepreneurs, investors and academics

5. You may have the chance to turn your idea turn into reality by winning prizes that support the launch of your business

The only requirement for participating in MUEC is that at least one team member is a current Victorian student, making MUEC an excellent way for you to get involved. The MUEC organizing committee can help pair you with a suitable team, if required.

For more information about MUEC, visit www.muec.mbsec.org and subscribe to our e - m a i l u p d a t e s f o r t h e l a t e s t announcements. What are you waiting for?!

Official Launch PartyDon't miss out on this classy, semi-formal evening. Join us for canapes and conversation while you mix and mingle with our distinguished judges, mentors, and speakers, as well as other contestants! This is your opportunity to get to know the MUEC network. Also, if you're still looking for team members, the Launch Party is an excel- lent oppor tunity to make a connection -- or three.

The organizing committee will be ready to answer any questions about participating in MUEC. If you are still looking for a team, drop us an e-mail and we can help you match with other participants this evening.

Registration on MBS Events starts week of February 8 or contact muec@mbsec.org.

Tuesday, February 23, 2009 Gadsden Dining Hall Melbourne Business School 200 Leicester Street Carlton VIC 3053

6:30pm - 8:30pm Semi-formal Required

For more information about MUEC, please visit www.muec.mbsec.org. Also, don’t forget to sign up for the e-mail updates for latest information.

Net ImpactSocial EntrepreneurshipNet Impact is excited to present the following speaker events, as part of the MUEC Social Entrepreneurship stream. All events are held in the evenings at MBS.

March 11

“Starting a Social Enterprise” by Rebecca Scott of StrEAT

March 23

”Social Return on Investment” by Kevin Robbie of SVA

April 1

“Checklist for successful social enterprises” by Roger Pitt of KADAC

The social enterprise displaying the highest level of commercial viability and social/environmental impact will be awarded the Social Entrepreneurship prize, which

includes a $6,000 cash prize, plus other in-kind services. Participants competing for the Social Entrepreneurship prize are also eligible to compete for the overall Grand Prize.

For additional information about the above events and par ticipation in MUEC (Melbourne University Entrepreneurs’ Challenge), visit www.muec.mbsec.org.

(Cont...)

the SOURCEfrom students to students

pg.7

Net ImpactMovie Night: The Age of StupidMark your calendars! On Thursday April 8, join us for the exclusive screening of The Age of Stupid, one of the most talked about films in 2009. The film stars British actor Pete Postlethewaite as an old man living in the devastated world of 2055, watching ‘archival’ footage from 2008 and asking, ‘why didn’t we stop climate change

whilst we still had the chance?’ Essential viewing to anyone who cares about the survival of our planet!

“What is Sustainability” Luncheon Speaker SeriesAsk f ou r d i f f e r en t peop l e w ha t “sustainability” means to them personally and you’ll receive four different answers. Ask four business professionals from four different industries what sustainability means to their business and its profitability

and you’ll receive four very different answers. The common theme among these businesses however—the recognition that sustainability is critical to long-term success. From the manufacturing sector to banking to consulting, our distinguished speakers will cover everything from strategy to marketing to operations. These sessions have something for everyone and should not be missed. Be on the lookout for details emerging over the next few weeks.

Club BriefsSports ClubOn Friday Feb 26 Your MBS Sports Club is having its first inter-intake basketball tournament. You need not have any basketball experience to participate, so come join us! - Team of 5 with at least 1 female- $5 registration per person-­‐ Register by 23 February to the respective

person responsible for you intake. See the flyers posted around the school for more information.

Sailing Club  The MBS Sailing Club will be enjoying the warm breeze and somewhat cooler waters of Port Phillip Bay before things get chilly. The club will be participating in introductory sailing lessons through the Royal Melbourne Yacht Squadron in St. Kilda starting February 28th from 1 p.m. to 4 p.m. We will also be participating in Twilight Sailing at RMYS on Wednesday afternoons. You will be a crew member for one of the sailboats. Please be there by 5 p.m. to sign in and pay your $18 crew fee. To find out more, get in touch with Club Commodore, Henry Herring (h.herring@mbs.edu).

Photography ClubThe Photography Club has organised the following events in the coming weeks:Portraiture Class and 1st Meeting1 March 2010 (Monday) @ 4:45 -6:30 pmField trip to Moomba Festival6 March 2010 (Saturday) @ TBC time -The Photography Club will lead a field trip down to the Moomba festival in early March to practice our newly acquired skills in taking portraiture. For more information, please contact

Photography Club at photoclub@mbs.edu  

MBS OutdoorsMBS Outdoors invites you to an overnight trip to the Grampians. About 4hrs drive from Melbourne, it is the fourth largest national park in Victoria and renowned for its rugged Mountain ranges and glorious wildflower displays. Popular activities include bushwalking, camping, picnicking, nature study, rock-climbing, bike riding and fishing. This event is a great way of exploring Victoria, meeting new people and making life long friends. Departing on Saturday 27th February at 10 am and returning the evening on 28th February. MBS Outdoors

will arrange accommodation and transport against a minimal charge of $40pp. Please confirm your registration latest by Wednesday 24th February by paying this amount in cash /online transfer to either of the office bearers (Mansoor Ali Zaidi, Gillian Cashion). Places are strictly limited.

InCultInCult is geared up for another exciting term. This term's events include celebrating another Indian festival to an alumni meet.Holi, also called the "Festival of Colour", is a popular Hindu spring festival observed in India. Bonfires are lit the day before, also known as Holika Dahan (burning of Holika) or Chhoti Holi (little Holi). The Holi, is also known as Dhulheti, Dhulandi or Dhulendi, is celebrated by people throwing colored powder and colored water using pichkaris, shaped like giant syringes or squirt guns. Holi will be celebrated on campus in March, watch this space for more detail.Also this term will be an alumni event “Life after MBA” for the international students who wants to know more about the job prospects for international students in Australia.

the SOURCEfrom students to students

pg.8

Exchange Stories - USC, LAI'd be safe and warm

if I was in L.A

California Dreamin'

on such a winter's day

Los Angeles, just like her name, the city of angel, embraced me with her mild sunshine and beautiful beaches. This is the place that I exchanged to, University of Southern California - Marshall School of Business.

USC Marshall has a very good reputation in its Entrepreneurship concentration among the top American b-schools. The highly developed  Entertainment industry extends from Hollywood to the whole  Los Angeles County (County: an administrative district with several cities and towns) and its neighborhood Orange County. It also nur tures the macro-environment for entrepreneurship and brings a lot of opportunities for new ventures. The most impressive thing is that a great deal of peop le a round me d isp lay the i r entrepreneurial spirit. They are creative,

and passionate to turn their ideas into real business. The founders of Broadcom, Buy.com and Myspace were invited as gues t speaker s i n Ne w Ven tu r e Management class and  I was inspired on their experiences on the new ventures. 

The more amazing experience is from my Global Strategy class: I got the chances to have lunch with VP, Country Manager Greater China of Tyson Foods,  and enjoy afternoon tea with  VP of  Hong Kong Disneyland after class. Not only do I learn from them on how they handle the international business, deal with the relationship between the headquarter and the emerging market, but also it helps me set up a good connection extending to different sectors in the location where my future career will be. Plus, the whole class made a field trip to Ensenada, a beach city on the west coast of Mexico. We did some strategic consulting projects for the city, naval, winery and fishfarm, and we didn't forget to enjoy the fish tacos, TECATE, and Margarita made by genuine tequila! :D

I made good friends with local students and international students there. The other exchange students were from Germany, Denmark, Japan and Hongkong shared the different aspects of their b-schools as well. We were pretty close and travelled together in California and to Las Vegas, We didn’t gambled that much but really enjoyed the gorgeous attractions and nice buffets. :) After the term was over, I drove along Highway 1 (which is the American version of “Great Ocean Road”) from Los Angeles to San Francisco, stopped over some small towns with fantastic sceneries and peaceful mind.

There are other wonderful moments in the United States, like thrilling night of Halloween, white Christmas covered by heavy snow, reunion with my MBS classmates in Los Angeles and New York. Every bit of exchange life will be the best memory and unforgettable piece in my MBA study.

Bowen Li

(Left)

Tailgate (the pre-game celebration) of College football is the American’s campus culture. The photo to the left was taken in front of Tommy Trojan (the spiritual sign of the school) in a tailgate.

(Right)

Yvonne Tan (who exchanged to UCLA) and I were surfing at the Venice beach, about 30-minutes drive from the downtown.

the SOURCEfrom students to students

pg.9

Exchange Stories - NYU Stern, NYCI had a whole bunch of reasons for choosing the Stern school of business at NYU. The school’s diverse syllabus and range of student activities was certainly a drawcard, as was its global reputation and ranking. I remember thinking that it would be great studying so close to Wall Street, as if commerce would be in the air and I could somehow learn just by sucking it in. The decisive factor, however, was my fascination with the city itself, and my overwhelming desire to live there some day. New York, a place I had never visited, had occupied my imagination since about the age of five.

The place has a buzz about it. Every inhabitant seems aware that they are somewhere special; somewhere important

things happen. Sure, the people come and go, and genuine social interactions can be difficult to come by, but the importance remains. New York is what happens when you run a magnet around the world attracting as much talent, passion and imagination as you can, and then squeeze it all into a land mass as small as Manhattan. It’s something gritty and dense and beautiful and constantly changing. It made a great backdrop for a semester of MBA study.

Stern itself is a great institution. I felt that the lecturing staff conveyed an incredible passion for the subject material and tended to have a more practical, rather than academic, orientation. It was delightful to be told “here’s how we really do it” by people who really had done it on a massive scale. On the flipside, sometimes I craved a conceptual framework to underpin the advice, and a little more of the discussion on the why that I had grown accustomed to at MBS. It’s all about balance.

Many Stern students seemed interested only in getting a job, even if this came at the expense of grades and learning. This is understandable, I guess, given the impact of the recent financial crisis. One guy in my syndicate explained “I’m interviewing” as an excuse for not turning up to several

classes and syndicate meetings. When I quizzed other students about this lack of focus on class, they told me that (a) being selected to go to Stern at all is enough to get you an interview at most places; and (b) due to Stern’s grading policies, it’s difficult to A and it’s difficult to get a C. The positive implication of this is that students are not competitive, and will readily help each other out.

Overall, I look back on the exchange as a life-changing experience for which I am immensely thankful. I loved living in the West Village and enjoying all of the wonderful dining, arts and entertainment that New York City has to offer. I grew immensely from listening to practical insights from great professors who had made their names in the world’s greatest companies. And I for med last ing relationships with a diverse set of students from around the world.

Peter Haasz

Share Your ExperienceIf you are going back home, if home for you is Asia, America, Europe, Africa or any other corner of this big Earth, or if you are traveling to the most amazing destination during this summer break, do share your experiences with your fellow students and send us a note, send us your photos, tell us where you’ve been, the places you stayed, the food you ate. We will publish it in the next Source!

source@mbs.edu

the SOURCEfrom students to students

pg.10

MBS Clubs: Contact ListCLUBS CONTACT NAMES EMAILS

ACCC Chris Fulton Chris.Fulton@student.mbs.edu

Asean Ronjon Bhattacharya & Vicky Huang r.bhattacharya@mbs.edu

BITS Ajith Madakasira & Richard Columbine ajith.madakasira@student.mbs.edu

China Master Vicky Wei & Sophia Wang xian.wei@student.mbs.edu

Consulting Club Ronjon Bhattacharya & Ryan Gunasekera c.club@mbs.edu

Family Club Carlos Correa & Damien Burger carlos.correa@student.mbs.edu

InCult Kajal Khilnani & Abhishek Binani kajal.khilnani@student.mbs.edu

L@ng Arturo Loza & Luis de la Vega a.loza@mbs.edu

Marketing Association Kenneth Rodrigues & Mamta Gupta rodrigues.kenn@gmail.com

MBSEC Dylan Nguyen & Matt Schantes dylanknguyen@gmail.com

MIMA Kian Borzabadi & Jason Widjaja k.borzabadi@mbs.edu

Net Impact Gillian Cashion & Kim Sokolnicki gillian.cashion@student.mbs.edu

Outdoors Club Mansoor Zaidi & Gillian Cashion mansoor.zaidi@student.mbs.edu

Photography Leandro Gama & Siok Tan photoclub@mbs.edu

Public Speaking Club Divi Jain & Kunal Badiani d.jain@mbs.edu

RIG Tim Rostrup & Carlos Correa tim.rostrup@student.mbs.edu

Sailing Henry Herring & David Doyle h.herring@mbs.edu

Soccer Kenneth Rodrigues rodrigues.kenn@gmail.com

Sports Club Yvonne Tan & Sumeet Kaur yvonne.yingyih@gmail.com

Squash Tim Rostrup tim.rostrup@student.mbs.edu

WAM Barnali Saha & Sumeet Kaur Barnali.Saha@student.mbs.edu

Wine & Philosophy David Doyle & Chris Fulton david.doyle@student.mbs.edu