CEO Initiative Brings the Classroom to the Workplace

The Medline DePaul MBA cohort takes classes at the company's Mundelein, Ill., headquarters through a partnership forged by DePaul's CEO Initiative.

The Medline DePaul MBA cohort takes classes at the company’s Mundelein, Ill., headquarters through a partnership forged by DePaul’s CEO Initiative.

A new university initiative is giving employees at large Chicago corporations another way to attend DePaul. Thanks to DePaul’s Corporate and Employer Outreach (CEO), instead of hopping on a bus or train and commuting to campus, employees can head to a classroom or conference room at their workplaces to earn degrees.

“The flexibility of being able to walk down the hall and start a graduate degree right after a busy workday is a real benefit to the employee,” says Suzanne Depeder, DePaul’s associate vice president for Graduate Admission in Enrollment Management and Marketing. “Employers benefit as well because talent development is a key driver of organizational growth and success.

They are able to offer their employees an onsite degree program and tuition reimbursement as part of a strategy for improving their talent and keeping them from moving to competitors.”

The CEO Initiative partners with area corporations to identify and customize degree and certificate programs that help employers develop their workforces. The partnership involves DePaul offering scholarships to employees, who then either take courses through an onsite program or attend any of the 150 undergraduate or graduate degree programs offered on campus. DePaul lets employees know about potential degrees through onsite information sessions, as well as lunch and learn seminars featuring professors.

For companies that choose onsite programs, it’s a significant benefit that employees don’t have to commute to campus. One such company is Medline, a major manufacturer and distributor of healthcare supplies that is headquartered in Mundelein, Ill., near the Wisconsin border. The company launched an MBA cohort in 2014.

“The CEO Initiative helps DePaul reach a broader prospective student base, in that we can connect with students who might not have considered us simply based on location,” Depeder explains. “The Medline cohort is a great example of how this initiative has allowed us to expand our geographic reach.”

Associate Professor of Management William Marty Martin says he appreciates what the programs offer to all parties. “The benefits to students and alumni are invaluable, from securing employment to moving up the ladder. For DePaul, we get exposure and placements for our students,” says Martin, who has spoken at onsite lunch and learns about DePaul’s Health Sector Management MBA concentration and other degrees.

In its first year, the CEO Initiative recruited two onsite cohorts, bringing in 70 students. Depeder expects the program to grow because of its utility to students and corporations alike. “Employers are looking at things they can offer to their employees as benefits, so the fact that we are able to offer a flexible delivery model is attractive. Plus, it’s a good retention strategy for their employees,” Depeder says. “It’s much easier to figure out how to give people professional development and benefits to keep them than to recruit all over again.”

Marriott Shows Hospitality to DePaul Students

Marriott Scholars Elanna Smith and Sofija Veta participate in a teamwork exercise with Marriott Sous Chef Craig Moisand, as Visiting Associate Professor Nicholas Thomas watches.

Marriott Scholars Elanna Smith and Sofija Veta participate in a teamwork exercise with Marriott Sous Chef Craig Moisand, as Visiting Associate Professor Nicholas Thomas watches.

This year, the School of Hospitality Leadership is expanding its undergraduate professional development opportunities with a unique partnership. A $200,000 gift from the J. Willard and Alice S. Marriott Foundation led to the launch of the Marriott Hospitality Scholars Program, which provides 10 freshmen and 10 juniors each a $10,000 J. Willard and Alice S. Marriott Foundation Hospitality Scholarship, paid over a two-year period.

The scholars program benefits students in different ways. For freshmen, the program’s activities are designed to spark an interest in choosing a hospitality major or minor. For juniors, the scholarship provides support for students completing a hospitality degree. In addition, each underclassman is paired with an older student in a mentee-mentor relationship. “The juniors are sitting on a wealth of information that the freshmen can tap into to help them progress through their academic careers at DePaul,” says Visiting Associate Professor Nicholas Thomas.

Nothing similar existed at DePaul, so Thomas and instructor Brian Barker created a format that mirrors a management-training program. Students complete workshops based on key areas of hospitality, such as effective communication, managing conflict, culture and diversity, before touring local Chicago Marriott properties and seeing how hotel leaders are applying the concepts.

The program “is designed to give an opportunity to get an education and to transition into hospitality to people who might not have been afforded that opportunity before,” Thomas explains. When weighing student applications, the selection committee considered whether potential scholars had faced hardship and whether they were first-generation college students.

Elanna Smith, a junior majoring in communication studies and minoring in hospitality leadership, enjoys being a Marriott Scholar for the added benefits the scholarship provides.

“Besides financial support, I was fully equipped with the proper materials for a professional career. Plus, I have 19 other scholars who share the same interests,” says Smith, who secured a summer internship through the program to work for a Marriott brand. She says her interest in hospitality grew from watching her mother run a cleaning company. “Sometimes I would go to work with her, and it was a great feeling to see someone satisfied and happy with our service,” Smith says.

Despite strong ties with the Marriott brand, the program does not require that students go to work for the company after graduation. Rather, the program is designed to give students a clearer idea of hospitality management as a whole, which can be difficult to understand without firsthand experience.

“That’s why when we go to the properties, I really want students to interact with leaders who are actually working to get a real understanding of what their careers are going to be like when they go into hospitality,” Thomas says. “We sometimes have a difficult time doing that in the classroom, so anything we can do now while the students are in school to give them a realistic impression makes the transition post-graduation that much easier.”

One unique aspect of the partnership is how it expands the ways that industry representatives normally interact with students. “What I’ve been really happy with is Marriott’s passion to participate in this. It’s really great to see,” Thomas says. “So often, the relationship that we see with industry is really guest speaking and maybe coming in for an event. The interaction and the networking that these students have with the industry is remarkable. That’s priceless for the students, and I think this is really going to ignite their desire to go into hospitality. I’ve already gotten emails from students saying how much this means to them. I think they appreciate that Marriott and DePaul have taken an interest in their success.”

Continue reading with Top Tax Firm Partners with DePaul.

Corporate Connections Advance Careers

By Jennifer Leopoldt

Presenting business solutions to industry leaders as class projects. Connecting with executives for real-life lessons in the field. Learning without leaving the office. The Driehaus College of Business’s deep ties to the business community allow DePaul students to benefit in all of these ways and more, whether through undergraduate opportunities or graduate level linkages. Connections with corporations and firms help students develop marketable skills and prepare them for in-demand careers. For alumni, these connections help build career-advancing networks, as well as DePaul affinity and pride. Read more about some of the initiatives that connect DePaul to industry and showcase how a real-world, career-focused business education benefits everyone involved.

Team Player Malik Murray Scores Finance Success

Malik Murray (BUS ’96, MBA ’04)
Growing up in Chicago’s South Shore neighborhood, Malik Murray (BUS ’96, MBA ’04) knew there was no question that he would attend college. His mother, who is now a retired school principal, emphasized education. But like his father, who is now a judge, Murray had a gift for playing basketball.

“It was crystal clear that academics and athletics were not mutually exclusive,” says Murray. “So at a young age I learned to balance both.”

Murray received a basketball scholarship to DePaul. Right away he began working on his future on and off the court. He thought that included the NBA, but he soon decided to take another path.

As an undergraduate finance major at DePaul, he interned at the Chicago Mercantile Exchange, where he met DePaul alumnus Brett Burkholder (BUS ’83). Burkholder, an eighth-round NBA draft pick, never played in the league. But he found success as a trader in the Eurodollar pits at the CME.

A risky and competitive environment, the Eurodollar trading arena was known as a haven for former college athletes with heads for business. Meeting Burkholder transformed Murray’s life.

“Even though there weren’t a lot of blacks there, there were a lot of athletes, and I was instantly comfortable,” says Murray, who focused his early career on Eurodollar trading. “Brett told me that I could work in finance and make an NBA salary. He explained to me that my career doesn’t have to end if I don’t play in the NBA.”

That revelation focused Murray’s mind. He thought back to the time he was eight years old and he ran his own lawn business. He had 20 houses and made $200 a week. He realized he had a head for business and a talent for teamwork. Both would serve him well in the finance industry.

Investing in the DePaul MBA

While other juniors and seniors were partying, Murray was riding the el downtown to Chicago’s financial district. There, his worldview changed.

“Just taking the train from the Lincoln Park Campus to downtown with people who were already working in finance was a powerful experience for me,” says Murray. “It changes your mindset. I think it’s significant that the Driehaus College of Business is located downtown. It’s just a great opportunity to marry the academic view with the practitioner’s view.”

His senior year, he took a capstone class that allowed him to work in the futures market at First Chicago Bank, now part of JP Morgan Chase. At the end of the year, they offered him a job. Thoughts of the NBA faded in the wake of his newfound career in finance.

For his MBA, Murray applied to all the major business schools, but chose DePaul. He had a strong connection to the professors he’d met during his undergraduate years, and he wanted to invest in his education with people who had invested in him.

“I jokingly say that I was so impressed with DePaul that I paid for my education the second time,” Murray says, laughing. “Ultimately, it was the best decision for me to get my MBA here. When you go to DePaul and then you go to the real world, the transition is a lot smoother. The internships, the project work, the professors who advise and mentor you, all play a part in your success outside of academics.”

Showcasing Vincentian Values

Earning an MBA increased Murray’s finance career opportunities immensely. He landed a job at Ariel Investments, the largest black-owned firm in the nation. Now in his 10th year at Chicago-based Ariel, Murray’s job is to convince money managers with billion-dollar funds to turn them over to Ariel for investing.

But even as he works with high-dollar value accounts, Murray makes time for his community. He sits on the board of his high school alma mater, St. Ignatius College Prep, where he helps manage the school’s multi-million-dollar endowment.

He helps with the Ariel Community Academy, a public school sponsored by his employer. In addition, he works with Joel Whalen, associate professor of marketing, to advise DePaul student basketball players about the importance of soft skills and image. Last summer, he also shared his experiences with teens enrolled in the Financial Literacy and Leadership Institute, a summer education program hosted at DePaul and sponsored by the Chicago Housing Authority and BMO Harris.

Murray, who recently completed the Leadership of Greater Chicago Fellowship program, hasn’t forgotten his path to achievement.

“I am the beneficiary of lots of help,” Murray says. “I won’t ever be able to directly repay my parents, family, professional colleagues or teachers at DePaul for investing in me, but I can definitely use my gift to help someone who is trying to get to my position or beyond.” ​

By Ovetta Sampson

Economics Alumni Chart Career Paths in Analytics

Timothy Fox (MS ’14)

Timothy Fox (MS ’14), an analytics consultant, says his MS in Economics and Policy Analysis degree has helped him to “harness the problem-solving horsepower of economics.”


Four years ago forecasters predicted
the market for big data analytics would grow to $16 billion by 2015. Their prediction was correct, but the growth rate was not. Now the projected growth is $125 billion.

This jet-fueled growth in the data analytics market is creating an epic job shortage to the tune of 140,000 to 190,000 a year, according to one study.

This is an alarming challenge considering that researchers estimate American businesses lose $600 billion annually because of “dirty data.” Too few people are being trained to extract, analyze and communicate big data sets. But DePaul business alumni are discovering a successful path into this hot job market from an unlikely place—the Department of Economics.

Alumni Praise Program’s Effectiveness

Data was once the domain of computer techs who wrote sophisticated mathematical formulas to turn behavior into numbers. Now, with industries collecting data on hundreds of millions of people, businesses are desperate to take those huge numerical data sets and turn them into revenue. Organizations use data to decide everything from whether to sell chocolate-covered cherries in New England in March or to ship their retail kayaks from China or Reno, Nev.

At this crossroads of quantifying human behavior and qualitative analysis, the economics discipline is emerging on the big data analytics landscape. DePaul University business alumni say the university’s Master of Science in Economics and Policy Analysis​ degree program provides critical courses that are helping them succeed in their current predictive analytics jobs. With classes in econometrics, research methodologies, data inspection, advanced statistical modeling and forecasting, the program teaches the necessary skills to decipher data, giving alumni advantages over peers in the industry.

“What I learned from the program is how to solve problems,” says Matt Frankland (BA ’08, MS ’11), a forecast analyst at REI Merchandising in Seattle. He uses data analysis to help his managers make kayak-shipping decisions. Frankland was one of the first graduates of the program, and he previously worked as a data analyst at Walgreens in Chicago.

“DePaul’s program taught us how to set up a problem, and how to solve it with the information we have,” Frankland says. “With large data sets many people suffer from analysis paralysis. You have so much in front of you, it’s difficult to know where to stop. But at DePaul we learned to focus on the key metrics: What problem am I trying to solve? What do I need to solve that problem? And how do I get there?”

Program Teaches Skills Used Daily 

Tim Fox (MS ’14), an advanced analytics consultant at Chicago-based West Monroe Partners LLC, says at his job it’s rare that analysts receive a nice, clean data set to explore. Most of the time, data is buried among different sources, and analysts have to collect, clean up and prepare data before even beginning to analyze it.

The MS in Economics requires students to learn and use Stata, a data analysis and statistical software tool used by industry leaders. In addition, students become well versed in pairing data analytics software with familiar office tools such as Microsoft Excel. The result, Fox says, is that the program makes graduates adept at not only analyzing data, but also communicating what is discovered into actionable items.

“DePaul’s program allows you to be flexible with how to learn economics, as well as providing opportunities to take additional math and statistics classes so that you learn the different skill sets that are required to really harness the problem-solving horsepower of economics,” says Fox.

Economics Degree Offers Great Job Prospects

Forbes.com recently called the MS in Economics one of the top 10 degrees for today’s job market. DePaul’s MS in Economics is unique because it goes beyond the scope of focusing on government and business allocation of resources to include a rigorous analytics component that offers students practical statistical and data analysis skills used by myriad industries and fields.

“We knew that there were jobs waiting for students who had the right blend of a deep understanding of economic theory and the ability to apply that knowledge to real-world situations,” says Thomas Donley, chair of the Department of Economics at the Driehaus College of Business. “That’s why this degree was created.”

Both Fox and Frankland say completion of the program allowed them to flourish in their careers and also blossom in life.

Frankland laughs as he remembers the 19-year-old version of himself wondering the halls of DePaul trying to figure out what to do with his life. A local skateboard celebrity in Chicago, his future was as uncertain as his next gig. After taking economics courses, a path began to unfold. He credits DePaul’s professors with taking a chance on him and pushing him to achieve for his current success.

“They told me you have a lot of potential and you could be really good at this if you worked hard,” Frankland said. “DePaul has the most wonderful professors in the economics department. I owe them so much. They care so much about getting you through the program and making sure you work hard and that you find what you want to do when you’re done. If I had not ended up within the economics department, I wouldn’t be where I am today.”

By Ovetta Sampson

Sales Leadership Program Pairs Academia and Business

In 2004, 3M was the first corporation to approach DePaul about developing a sales leadership education program. “Today, we have 64 business partners—companies that provide funding and internships, guide curriculum design, lecture in classes, coach students, provide technologies and data for projects, and offer outstanding career opportunities,” says Dan Strunk, executive in residence and managing director of the Center for Sales Leadership. “This collaborative effort between business and academia is preparing the next generation of talent. Everyone wins—the students, the businesses and the university.”

The center partners with Fortune 500 companies, including PepsiCo, Chase, MillerCoors and Wrigley, to shape its curriculum and stay relevant in an ever-changing job market. Students in the Sales Leadership Program can earn a minor or concentration by choosing between two tracks: sales in any industry or category management in the consumer products industry, which looks at grouping products to optimize relevance and sales.

Alexis Gordon (BUS ’14), Tyler Hensala (BUS ’13), Claire Hanold (BUS ’13) and Simone Caron-Vera (BUS ’15) connected to careers at PepsiCo through

Alexis Gordon (BUS ’14), Tyler Hensala (BUS ’13), Claire Hanold (BUS ’13) and Simone Caron-Vera (BUS ’15) connected to careers at PepsiCo through DePaul’s corporate partnerships.

The program’s case-study structure lets students merge theory with practice and provides immediate interaction with company representatives. Leah Sbigoli (BUS ’11) remembers working with Walgreens and Roundy’s in a space management class to create a business plan for optimizing energy drink sales. “In the end, we got to present to the actual category managers at the company and show them our recommendations. I felt like I was seeing the immediate benefits of my education,” says Sbigoli, who now is a space management analyst for partner company Walgreens.

Ren Stoecklin (BUS ’13) agrees. “You knew that you were being given real-life data and that at the end of the quarter, you’d be presenting to industry experts. It really forced you to not just consider it a school assignment, but to consider it a job interview every time you were presenting a final,” says Stoecklin, who worked as a category analyst in partner company Red Bull’s graduate program, an 18-month rotational program for leadership training.

Another program graduate, Claire Hanold (BUS ’13), was impressed by how welcoming the corporate partners were. “They never once treated us like we were college students; they treated us like their business partners and wanted to help each of us individually in any way they could,” says Hanold, who is now a category analyst for partner company PepsiCo’s Foodservice Division. “As an alumna looking back, I owe my success to this program. The professors provided me with the tools and resources to be successful and helped me make connections with our incredible business partners along the way.”

The center’s corporate partnerships also help students see how schoolwork can prepare them for life—and employment—after graduation.

“A lot of time in the classroom concepts and theories can get lost on students if they can’t find a way to apply them to real-life situations,” Sbigoli notes. “By DePaul having connections to companies through the Sales Leadership Program, students can apply [lessons] taught in the classroom directly to their work with these companies. This helps students form connections early on with these companies and develops their skills over time. Students graduate from the program already knowing what to expect from the position they want, and in return companies have a reputable candidate pool to choose from.”

Continue reading with Marriott Shows Hospitality to DePaul Students.