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Application Tips: The Andre Koo Technology and Entrepreneurship MBA

Vidisha is a current Tech MBA student, specializing in Tech Product Management. Prior to Stern, Vidisha was a Senior Consultant at West Monroe, leading digital transformation efforts for health and dental payers across the country. Post-MBA, she plans to pursue product management in the Health Tech space. At Stern, she is a Makhoul Family Leadership Fellow, involved in Stern Technology Association and Stern Women in Business, and enjoys taking dance classes and reading a good book in her free time.

Navigating the MBA application process can feel like a daunting task. There’s a million different things to keep track of: soliciting recommendation letters, crafting genuine and compelling essays, fine-tuning your resume, securing your undergraduate transcripts – the checklist feels endless. Balancing all of these demands alongside your daily life can be quite the challenge, but staying organized and proactive can make things a lot less stressful.

Read on for some strategies for effectively managing the MBA application journey and some advice on how to tackle the Stern essay questions.

Be Your Own Project Manager

One of my first steps as I kicked off my application journey was organizing everything into an Excel spreadsheet. I logged each task along with its deadline, estimated time commitment, and current status. It’s crucial to have a handle on all the pieces required for your applications and allocate sufficient time for each. 

Reaching out early to your recommenders is important to give them ample time to compose their letters. And essays usually require several revisions before they are polished. Even seemingly minor tasks like obtaining your undergraduate transcript can eat up a couple of business days. 

Do Your Research

It is essential to have a clear understanding of why you are drawn to a specific school and how it aligns with your professional and personal aspirations. As someone who is interested in pursuing a product management role post-graduation, I thoroughly researched the various opportunities Stern provided to help me achieve my goals.

I looked into courses such as Technical Product Management and DevOps and Software Engineering, learned more about the Tech Product Management Specialization, and spoke with current members of the Stern Technology Association. I was also keen on gaining hands-on experience building and launching a product so Stern’s experiential learning courses such as Tech Solutions and West Coast Immersion really caught my eye. Furthermore, I was interested in exploring my entrepreneurial interests during my MBA, so NYU’s start-up accelerator, Endless Frontier Labs, was also something I dug into.

While there are ample resources online, the most valuable advice often comes from engaging with current students and alumni who share similar interests and career goals. I highly recommend reaching out to these individuals, as they are always willing to provide invaluable insights and guidance to prospective students.

Craft Your Story

Developing an engaging narrative, your “why” for pursuing an MBA at this point in your career, is a key part of the application process. The best stories are the most authentic, so don’t hesitate to let your genuine passions shine through!

I found it helpful to identify a couple of anecdotes or themes from my life that have really shaped who I am. I then explored how these personal experiences connected with my professional aspirations. I actually really enjoyed the reflective nature of this process and felt like I gained valuable insight into what I truly seek in the next phase of my professional journey and personal growth.

Revise, Revise, Revise

Your first draft is never going to be your best draft. Once I had a solid foundation for what I wanted to say in my essays, I invested a significant amount of time seeking input from trusted friends, especially those that had gone through the MBA application process before, and refining my writing. Often, something that sounded perfect in my mind didn’t convey the precise message I intended, so it was helpful to get another set(s) of eyes on my work so I could gauge how the admissions committee would perceive my words. 

Specific Advice for the Stern Application

Stern’s MBA application stood out compared to many others, as it offered more of an opportunity to express my creativity. Here’s some guidance on approaching the essay questions:

  • Essay Question #1: Change: _____ it.

For this question, I really tried to reflect on what change meant to me. I aimed to select a tagline that not only resonated with an experience I had lived but also one I could plan to continue embodying through active involvement in Stern’s academic and extracurricular offerings.

Change: Chase it.

I chose “chase” for my verb to highlight my belief that you must proactively seek opportunities to build the life of your dreams. I described how I had previously demonstrated my commitment to actively seeking new ways to challenge myself and grow as a leader and how I plan to continue doing so during my time at Stern. I even mentioned specific courses and extracurriculars I was interested in participating in that aligned with my growth goals.

More than the actual verb you choose, what matters most is the “why” behind that choice and how effectively you can convey that rationale through your past experiences and future aspirations. 

  • Essay Question #2: Personal Expression (a.k.a. “Pick Six”)

This question quickly became my favorite to put together! It can seem very broad at first, so I started off by making a list of things that were important to me. This can be anything from influential people in your life, your favorite hobby, your life philosophy, to things you are passionate about personally and/or professionally. From there, I narrowed my list down to 6 and tried to find a photo or image that best captured each of those concepts. Personally, I drew from my camera roll, but you have a wide array of options, including photos, infographics, drawings, collages, or any visual medium that resonates with you. 

I chose to highlight (1) the importance of family in my life, (2) my obsession with books, (3) my passion for learning and performing new dance styles, (4) a creative venture I started with my sisters, (5) my love for adventure and travel, and lastly, (6) my aspirations to develop innovative solutions to address healthcare challenges.

Keep in mind that your caption can only be a sentence long and this is another good opportunity to gut check with a friend that the image you chose does indeed convey the meaning you intend it to. Have fun with this one! It’s a great way to add some more color to your application (literally) and highlight what makes you, you!

As you embark on this journey, remember that it’s not solely about perfecting your professional persona; it’s also about showcasing your individuality and what sets you apart. Don’t underestimate the significance of introspection and creativity in this process; they can be your most powerful allies.

And enjoy the ride! It’s a chance to not only gain admission to a prestigious institution but also to embark on a transformational experience that will shape your future in profound ways. Best of luck as you take the next steps towards your MBA dreams!

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The Summer Semester in the Tech MBA

Barak is a current Tech MBA student, specializing in Tech Product Management, Leadership, and Change Management. Before Stern, Barak led a team of Product Managers at a FinTech firm in Tel Aviv, Israel where he helped the top financial institutions around the world to provide custom financial insights to their customers. At Stern, he is involved in the FinTech Club as the VP of Alumni Relationships and enjoys organizing pickup basketball games and swimming activities with his classmates.

As a new student in NYU Stern’s Tech MBA program, I recently relocated from Israel to New York in May, accompanied by my wife, our 2-year-old son, and our beloved dog. As I approach the end of my summer semester, I find myself eager to share valuable insights and tips that I’ve gathered throughout this semester. The goal of this post is to help future students and prospects make the most out of their time in the program.

A One-Year Tech-Focused MBA Program

The NYU Tech MBA program is exciting and innovative, lasting from May to May. In just half the time of a traditional two-year program, we achieve a full MBA degree through a unique approach. During the summer semester, we complete the core courses of the first year of the general MBA and seamlessly transition to the second year in the fall. 

Design Sprint Workshop at Google

 

The Summer Semester: A Sprint to Success

The summer semester is divided into three intensive sprints, each lasting four weeks. Picture this: Monday to Friday, from 9 AM to 4:30 PM (with a refreshing lunch break from 12:00 PM to 1:30 PM),  dedicated to immersive learning experiences. With 3-4 courses per sprint, we efficiently cover an expansive range of crucial business concepts, successfully completing the 11 core courses within a single semester.

Tailored courses for Tech leaders

As someone who thrives in high-pressure environments, this program has impressed me thoroughly so far. The opportunity to immerse ourselves in numerous fascinating courses in one semester, while also mastering the foundational principles of each subject, is simply extraordinary. The university’s creation of dedicated courses tailored for tech-enthusiastic business leaders ensures we receive precisely what we need. Additionally, the incorporation of pre-work, in-class practices, and post-class assignments and quizzes enriches our learning experience.

Communication Course Final Presentation

A Cohort of Family

The people in this program are its greatest asset. With an intimate group of approximately 50 students in the Tech MBA and 25 students in Fashion and Luxury, ​​the quiet summer campus provides the ideal setting for us to come together and form strong bonds. Collaborating on group projects and rotating through different groups for each class allows us to truly know our classmates on a personal level. We don’t just feel like classmates; we’ve become one big family.

Google Office Visit

 

 

 

 

 

 

 

 

 

 

 

 

 

A short pencil is better than a long memory

The summer semester can be intense and overwhelming with multiple deadlines, but it’s manageable with the right tools. Stay on top of your game by utilizing effective tools like calendars, to-do lists, and time-blocking techniques. These organizational aids will keep you on track and ensure you never miss a deadline.

Entrepreneurship Course Final Pitch

Prioritize one task at a time

Concentrate on the present importance and avoid getting overwhelmed with future concerns. Trying to handle everything simultaneously leads to accomplishing nothing. Identify high-priority tasks and tackle them first, maintaining control over essential assignments and preventing last-minute rushes.

Embrace the academic opportunities 

Take full advantage of the academic opportunities that the program offers. With captivating classes, experienced industry-proficient professors, and motivated teaching fellows, make the most of these opportunities to learn from some of the best educators in the world. 

Engage in Active Learning 

Take an active role in class discussions, team projects, and case studies, as this will not only enhance your understanding but also enlighten your classmates. The class comprises a diverse group of individuals from various backgrounds, and the beauty lies in how we enrich one another’s learning journey through shared experiences.

Uber Office Visit

Avoid lagging in the material

As classes build upon previous concepts, make it a priority to keep up, and don’t hesitate to seek assistance if needed. Like a snowball effect, staying ahead ensures a smooth progression without overwhelming yourself

Your friends are your best resource

This is always true, but particularly during learning sessions. Embrace the diversity within your cohort to leverage each other’s prior experiences and enhance your understanding of the material. Never hesitate to seek assistance when needed, as everyone is eager to support one another. It’s also a wonderful chance to deepen your connections and get to know each other better.

Multiple Support Options are available

Bear in mind that you have access to various forms of assistance to aid you along the way. If you require help, don’t hesitate to contact the faculty for support. The university offers a range of resources, such as extra office hours with professors or teaching fellows, additional practice sessions, and personalized accommodations, all designed to ensure your academic success.

Sternies Play Basketball in the John A. Paulson Center

If you only get A’s, it means that you’re doing something wrong

This is the thought-provoking statement that one of our professors began his lecture with. While academic excellence is important, a fulfilling graduate degree encompasses more. Invest time in networking, coffee chats, socializing, sports, and other activities that contribute to your overall growth and enriching experience.

Enjoy!

This year is too short to do anything other than enjoy the opportunity to live in one of the best cities in the world and embrace every aspect and moment of it!

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The NYU Stern Orientation Experience

AJ AlbaneseAJ Albanese is a current Tech MBA student, specializing in Strategy and Technology. Prior to Stern, AJ held sales and fundraising roles at for-profit and non-profit companies. Post-MBA, he plans to pursue consulting to help businesses achieve technological transformations. At Stern, he is a Tech MBA Cohort leader and enjoys playing ice hockey and cooking when not in class.

This week, MBA Admissions sat down with new Tech MBA student, AJ Albanese, to chat about the NYU Stern Tech MBA Orientation!

Tell us a little about the experience at Orientation. What did it include, and what was the best part?

Orientation was a great way to get introduced to Stern, my classmates and the community at NYU. It included keynote speakers from Estee Lauder and Microsoft, introductions to our program leads, and provided a lot of time to connect with our cohort. It was really focused on getting to know the MBA program and how the year would be structured for us, as well as answering any questions we had. The best part were the two social events we had after the on-campus sessions. It was amazing to get to talk with so many of my classmates and learn more about their backgrounds. Everyone comes from different backgrounds, so it was really cool to connect with everyone!

What did Orientation teach you about the Stern community?

Orientation taught me about how supportive and welcoming the Stern community is. The staff/faculty members and previous students were all so nice and were willing to help in any way. It felt like I got turned around and lost in the building when I would have to move rooms, and I could always find someone to kindly point me in the right direction! Dean Grennan talked a lot about the strength of the community at Stern – this became more apparent than ever as I got to know my new classmates and students in the graduating class. 

What was it like making new friends at Orientation?

Like any first day of school, I was definitely nervous about meeting so many new people and worried about fitting in. Within minutes of getting to Orientation, I had been introduced to people and was immersed in easy conversation – everyone was so open and happy to be there. The social events after the on-campus sessions really helped as well. We went down to One World Trade for an event and were able to get to know my new friends on the train ride down there. Having already lived in the NYC area for 4 years, I found myself giving so many suggestions for things to do, restaurants to try and places to visit around here to the people that had just moved here. I’m excited to take my new friends to some of my favorite spots in the city!

What did Orientation make you most excited for in the coming year?

Orientation made me excited for the experiential learning opportunities at Stern and in our Tech MBA program. I am most looking forward to the experiential course known as “Stern Solutions,” where student teams get to partner with real companies to work on solving real business & technology challenges. I am also really excited to get to know my classmates even more. Everyone is awesome and this year is going to be great! 

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Beyond Borders, Beyond Expectations: Reflections of an International MBA Student

Omotoke is a recent Tech MBA graduate with specializations in Strategy & Business Analytics. Prior to Stern, Omotoke worked with KPMG as a Technology Assurance Consultant and is now looking to pursue Technology Risk & Strategy Consulting. At Stern, she was on the Board of the Association of Hispanic & Black Business Students and a member of the Management Consulting Association. Omotoke enjoys listening to good music and attending dance classes.

It’s graduation week as I write this, and nostalgia has begun to creep up on me. I have really enjoyed a great time since I arrived in New York from Nigeria a year ago to start my MBA. As I think back on the year-long experience that now feels like only a few weeks, these are tips I would give a prospective or newly admitted student.

1. Start your visa application immediately 

Backstory– I got my admission offer in January 2022, but as of May 2022, one week from orientation, I was yet to secure a visa interview appointment – let alone a visa. Even though I already resigned from my job for school, it didn’t seem like I was going anywhere 😅.

By divine providence, in that final week, I was called to interview. I finally received the visa, one day behind the official resumption for International Students. I hurriedly packed and made the 20+ hour trip within the next two days. You can imagine the rollercoaster this was, yet the saddest part was having no time to say goodbye to all my loved ones in person.

There are not many things I could have done differently in my case; however, securing my admission in round 1 instead of round 2 probably may have saved me the headache. So, if that is what it will take for you to get your visa ahead of time, by all means apply in round 1.  

Along the same lines, if you want your family or other guests present at graduation, start their visa applications very well ahead if they are from countries with long wait times. I started  making arrangements for my parents’ graduation trip 3 months ahead and by then it was too late.

2. Ensure you’re capturing all the important expenses in your budget planning

No one forgets rent, food, entertainment, utilities etc. but two expenses I find can be easily omitted are: loan interest repayments and co-curricular/leisure travel expenses.

Private loans are often very helpful for international students to cover some of their cost of attendance; however, a common oversight is to not plan interest repayments into estimated monthly budgets. Some forget this expense and some assume that it would be trivial.

Depending on your loan amount and terms, it may not be trivial, and you may need to start making payments early on. Get your estimates and factor it into your monthly budget and estimated cost of living.

Next, travel! You need to have a budget for travel. There will be lots of travel opportunities for coursework and for leisure with your classmates; planning ahead for this will allow you to take on these great experiences without much pressure.

On a road trip to Stamford with class friends

Additional tip: Request and review the school calendar for the year before starting the program to note the school holidays and make your own holiday plans.

3. Pack the right outfits

I wish someone whispered to me in the middle of my frantic packing, “Toke, you’re packing all the wrong clothes.”

I remember being unsure about how formal I would need to dress for classes and eventually settling for business based on my quick Google search. I brought in work clothes and a number of pumps…haha, but it only took a day or two to know the pumps were going back into the box. 

There’s a lot of flexibility around the dress code for classes. You can be as formal as you would like but you’ll find most people dressed in smart casuals. There will be company visits, corporate presentations and interviews, for which you could be required to be more formally dressed. 

Pack accordingly and whatever you do, make sure your shoes are “subway and walking friendly” because you can’t miss those. 

4. Start preparing for recruiting from Day 1

Depending on your target, recruiting activities may kick off really early in the programme, with applications opening in June/July and interviews rolling in by August.

As part of your early preparation, my recommendation is to make a long list of companies (not three or five) within your target industry that do not have a permanent work authorization hiring requirement (if you are an International student within this category) and get the timing of their recruitment. 

While many companies hire on a rolling basis, some have specific times of the year when they do MBA recruitment and missing that window could mean waiting another 6-12 months. 

Making this list upfront helps you identify many prospects and pace your interview preparation. Stern has very helpful databases for this research on the Careers Portal gathered from previous  years. The Careers team will be ready to help you when you arrive, but it’s nice to begin planning ahead anyway.

5. The communities really want to be helpful, ask for all the help you need

You’ve heard how fantastic the NYU clubs are 99 times already so I’ll try not to make it a hundred. The recommendation I have here is to join at least one, very early, before you travel down, if possible. You would be unable to register as an “official” member until the clubs open up for admissions in Fall but you could join the Whatsapp groups of some affinity clubs anytime after you accept your admission offer. Joining before you travel down will allow you leverage the community for the help you need with onboarding, settling in, temporary accommodation, renting, finding housemates, choosing courses and all the initial hard stuff. 

So find a community, join, and ask for whatever help you need. Sternies are always willing.

As a final note, immerse yourself and enjoy the diversity of NYU and New York. You will do great.

 

 

 

 

 

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Things I’m Happiest I Did in my Year at Stern

Steven is a recent Tech MBA graduate, specializing in Financial Instruments & Markets and Management of Technology & Operations. Prior to Stern, Steven was at Deloitte in tech consulting where he was implementing financial software to complete full-cycle digital transformations. At Stern, he was involved in OutClass and enjoys traveling with classmates.

Bringing My Authentic Self

Coming to the end of what I consider the most fulfilling year of my life, there are countless experiences that I am grateful for, and they all fall under the category of “Things I’m happiest I did in my year at Stern.” To begin, I have to give credit to bringing my authentic self to NYU. The community at NYU is exceptionally lively, and it thrives on intelligence and emotional intelligence (IQ/EQ). This was ultimately the reason I chose Stern. One of the defining characteristics of the Stern community is its embrace of diversity. Sternies recognize the value of different perspectives, experiences, and backgrounds, and it is this openness to diverse ideas and opinions that makes the community so special. For me, it was clear that showing others who I truly was would only enhance my experience at Stern, and this proved to be true. By being authentic and true to myself, I was able to connect with others on a deeper level and build meaningful relationships that will last beyond my time at Stern. Moreover, this experience allowed me to learn from my peers and gain a broader understanding of the world, which has been invaluable. I was able to immerse myself fully in everything that Stern has to offer by being open, honest, and having an open-mind to whatever came my way. By doing so, I have grown both professionally and personally and feel more confident in my abilities.

Worldwide Travel & Relationship Building

In addition to bringing my authentic self to NYU, one of the most enjoyable experiences I had during my time at Stern was taking part in numerous trips. Not only did they offer a welcome break from the rigors of academic life, but they also provided me with an opportunity to connect with my classmates on a more personal level. As a result, I have forged strong bonds with these individuals, and they have become my closest friends, whom I can count on without hesitation. Given my desire to build my network and establish relationships with like-minded individuals, I have made a concerted effort to cultivate and nurture these friendships, recognizing that they are a valuable asset both personally and professionally. By surrounding myself with individuals who share my goals, aspirations, and outlook on life, I have gained invaluable insights and perspectives that have helped me grow as a person and a business professional.

Summer break in Aruba
Spring break in Colombia

Club Involvement

Another experience that brought me immense joy during my time at Stern was getting involved in professional and affinity clubs. As a VP in OutClass, AVP in Cellar, ally in Stern Women in Business (SWIB), and member of the Management Consulting Association (MCA), Private Equity & Venture Capital Club and Stern Adventures, I had the opportunity to connect with students from all programs, including the Two-year Full-time, Executive, and Part-time programs. This allowed me to broaden my network and make friends with diverse backgrounds and experiences. Among these clubs, my most fulfilling position was as VP of Careers and Conferences for OutClass, where I had the chance to contribute to the queer community and build a network of queer professionals who will be future leaders in the workforce. Through this role, I organized professional events for networking and connected classmates with employers who prioritized diversity, equity, and inclusion. This experience not only allowed me to make a positive impact on the community but also sharpened my leadership and organizational skills, making it an integral part of my time at Stern.

OutClass at ROMBA in Washington, D.C.
Stern Adventures at Ski Week in Steamboat, Colorado

Connecting with You!

Last, becoming a Graduate Ambassador was one of the most rewarding experiences during my time at Stern. Sharing my personal experiences with future Stern students has been particularly gratifying, and being a trusted source of advice for prospective students has been incredibly fulfilling. Witnessing students who I have mentored successfully gain admission to the program has been the ultimate reward, and knowing that I played a role in their decision to pursue a similar transformative experience as mine was truly exhilarating.

 

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Reflections on Graduation

Bárbara Argeri is a current Tech MBA student, specializing in Tech Product Management and Management of Tech and Operations. Prior to Stern, Bárbara worked as a Product Strategy Manager at Mercado Libre in Brazil. Post-MBA, she plans to work as a Tech Product Manager. At Stern, she is involved in several student associations such as Stern Technology Association, Stern Women in Business, Latin American Business Association and Management Consulting Association. During her free time, she enjoys strolling around New York searching for new places, and spending time with her friends.

Reflecting on Graduation

It’s hard to believe that I’m already reflecting on my year at Stern for this blog post. However, the exercise of looking back on everything I’ve experienced fills me with gratitude. Pursuing an MBA had been a goal of mine for a while, and after years of preparation, the feeling of accomplishment still hasn’t completely set in. That said, I can confidently say that my time at Stern has been one of the most fulfilling experiences of my life.

A Year in the Best City

One of the biggest draws of attending Stern was the opportunity to live in New York City. It had been a dream of mine for almost 20 years, and despite having high expectations, the city exceeded them. The sheer diversity of experiences is staggering, and after a year of exploring, my list of must-visit restaurants, bars, shows, and other attractions has only continued to grow. Professionally, being in New York has opened up countless doors, allowing me to visit a variety of offices and experience different company cultures firsthand.

New Knowledge

Another reason why I chose the Tech MBA program was because it met my needs as a business school student. I was keen to refresh my undergraduate knowledge with a more mature perspective, learn from my experienced colleagues, and enroll in classes that would allow me to improve on certain areas. Looking back, I’m glad I made that choice. The program’s focus on data-oriented classes and discussions of disruptive innovation, as well as the mix of colleagues with both business and technical backgrounds, provided me with the academic and experiential learning I was hoping for.

Participation in Clubs

Through my involvement in four student associations at Stern, the Stern Technology Association, the Latin American Business Association, Stern Women in Business, and the Management Consulting Association, I had the opportunity to connect with MBA students from other programs. As a leader within the Stern Technology Association, I was able to coordinate visits to the offices of two tech companies in New York, providing students with a unique opportunity to gain insights into the inner workings of these organizations, learn about their operations, and network with their employees.

Everlasting Community

Lastly, one of the most enriching aspects of the MBA has been the friendships I’ve formed. I knew coming in that I would make lifelong friends, but I never expected our cohort to be such an amazing group of people. The experiences we’ve shared together are ones I never could have imagined. We went to upstate New York to enjoy the 4th of July by the lakes, had a blast at a Brazilian bar with a live band, danced at an Indian brunch, celebrated Chinese New Year at a Chinese restaurant, had several potluck dinners with food from all over the world… Those are experiences I would hardly have had had I not come to an MBA, and the ones I’ll never forget.

To those considering pursuing an MBA or starting one soon, my advice is simple but genuine: make the most of the experience, because it truly goes by fast. Engage in student associations, spend time with friends, visit companies, try different foods, and take classes that interest you. At the end of the day, your MBA experience is what you make of it, and it’s up to you to ensure that it’s as remarkable as it can be.

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Exploring the Startup Ecosystem in the United States through EFL

Nilesh Ramnani, CFA is a current Tech MBA student, specializing in Strategy, Product Management, and Entrepreneurship. Prior to Stern, Nilesh had his own consulting firm and has also worked in Investment Banking and Private Equity. At Stern, he is a board member of Private Equity and Venture Capital Club; Business Analytics Club; Graduate Marketing Club and Adventure Club and enjoys traveling and exploring different cultures and cuisines.

I was standing in the queue for the most adventurous Velocicoaster ride at Universal Park Orlando during my spring break. I asked my wife – Are you scared? She said, “yes I am, but it will be so much fun! The excitement and a bit of fear makes this adventurous.” Once we were on the Velocicoaster, we were thrown upside down four times and all the moves were unexpected. The start-up world is no different. You just need to find your own balance of facing fear, uncertainty and enjoying the ride. You are pulled in different directions and you need to find your own path. 

Before joining Stern, I had experience working with many startups in India through my own consulting practice. But I wanted to get a deeper dive into the start-up ecosystem in the United States. That’s when I found the Endless Frontier Labs (EFL), taught by Professor Deepak Hegde. The course is a mix of lectures, working with a start-up and also meeting industry experts who mentor the companies in EFL. 

I was paired with OPTT health, a company that is trying to solve some of the biggest challenges in the mental health care space in the US and Canada. We read a lot about telehealth companies trying to make mental health accessible to everyone, but the facts are shocking. 55% of adults (28 million people) in the US with a mental illness do not receive treatment. This is partly because mental health treatment is highly subjective and labor-intensive, and treatment outcomes depend mainly on the skill of the clinician. We need efficiencies in the system to enable doctors to treat more patients and OPTT is trying to do this using a proprietary algorithm to capture and analyze patient data. It plans to transform the treatment of mental health using machine learning and Artificial Intelligence. 

I worked with founders Mohsen Omrani and Ali Omrani on the go to market strategy in the United States market. In our meetings with mentors, we identified a crucial goal: to develop a quantitative model that OPTT Health can use to effectively communicate its value proposition. I mapped out the patient journey and identified areas where OPTT can create value that could be quantified. Based on these findings, I developed a financial model to calculate the return on investment (ROI) for potential customers. OPTT plans to use this model to determine a suitable pricing strategy for the company, ensuring that the value they offer is commensurate with the price. My work will be used to communicate the value to all the stakeholders including customers, investors and partners.

Through EFL, I also learned a lot about other startups. We had multiple group sessions where we discussed the issues faced by EFL startups and brainstormed ideas to solve these problems. EFL provides a platform for students, mentors, and the EFL team, to discuss the problems startups are facing.

I think the EFL course gave me exactly what I was looking for. I got a flavor of the startup ecosystem in the United States and also learned frameworks to solve problems faced by startups.

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Thriving as a Woman in Tech

Alina Vrsaljko is a current Tech MBA student at Stern. Within Stern, she is part of the Stern Women in Business Club‘s board. Before starting her MBA, Alina gained professional experience in Digital Strategy Consulting at McKinsey in Europe and in multiple roles at Hewlett Packard Enterprise in Germany and Singapore. She holds a BSc in Business Informatics and a MSc in Management. 

Introduction

45% minorities, 9% LGBTQ+, 57% international students and 55% women – those are not target scores from exemplary studies on what ideal diverse teams should look like, but those are the actual numbers of the Tech MBA at NYU Stern. When I met my classmates for the first time, I was amazed by the number of strong women in the program. This was not at all what any of us had expected when signing up for a Tech focused MBA, but we LOVED it – both male and female classmates. In the picture below, you can see a small part of our amazing group of women in the Tech MBA.

Being the only one

Coming from a Tech industry background, I’ve gotten used to being the “only one”-the only woman in the room.  And even though my colleagues and clients meant well, there were certain situations where I could feel the impact of what it means to be the only person of a certain group in the room. And this did not just happen to me – a recent Women in the Workplace Study by McKinsey and LeanIn.org shows that “32% of women in technical and engineering roles are often the only woman in the room at work” (2022). This is one of the reasons why I believe the makeup of this year’s Tech MBA is so special and important – the more we normalize women thriving in Tech, the easier it’ll be for young women to imagine themselves in those roles.

Why is this even relevant? 

Throughout my career, one big factor I’ve considered when deciding on a next career move was around female empowerment – will this decision help me advance further and will this have an impact on women in the industry? Maybe that’s also why I specifically picked the Tech industry as an 18-year-old girl to start off my career. I believe it’s time that all of us start making a difference. Especially in Tech but also in leadership in general, women are still heavily underrepresented – in the US, still only 1 in 4 CEOs is female and even only 1 in 20 CEO’s is a black woman (LeanIn, McKinsey, 2022). Thus, I believe us as MBAs, and hopefully all future leaders, need to push further for equality to achieve the equal world we aim to live in. Another reason for focusing on gender equality is that diverse teams make better decisions (Harvard Business Review, 2016) – no matter whether that’s in business or politics. Additionally, especially in Tech, having diverse representation will matter even more than ever. With Artificial Intelligence solutions on the rise and tech firms not having a diverse employee body, those new algorithms are full of unconscious biases that will need to be resolved (Forbes, 2020). Thus, I am proud to be part of an MBA program that is educating so many women in Tech, sets us up with the tools to excel in the industry, and educates allies who are aware of gender equality issues and who will actively create an impact in this field.

When thinking about how to thrive as a woman in Tech throughout your MBA experience, there’s three main areas to leverage:

1. Role models: I can’t stress enough the importance of strong role models for your career development – I am still thankful to all the amazing role models in my previous positions who I am still in touch with. NYU Stern will also help by connecting you with strong, successful women – I was lucky enough to have met a few of them at multiple events hosted by NYU Stern, from Elizabeth Elting (see picture below) who was listed on FORBES’ list of America’s Richest Self-Made Women, to Rama Akkiraju, who is leading NVIDIA’s AI/ML efforts after being responsible for IBM Watson for the past few years.

Those women are living proof that it is possible to break glass ceilings in all kinds of industries, and an MBA at NYU Stern allows you to connect with and learn from them. Additional events to connect with women are now also happening all over New York – and for every industry. Especially for Women’s History Month, companies like Google and Amazon have held great events around women in tech that were free to join for students.

2. Network within Student Community: Besides external speakers, who often can act as inspiration, the Student Community at NYU Stern is full of strong and ambitious women to network with. Starting from the Fall, Tech MBA students will get to interact with all full-time students and there are multiple opportunities to engage with fellow students. For example, I’m part of the Stern Women in Business Club’s Board for Alumni Relations. This involved connecting with a lot of female MBA alumni, and allowed me to network within the SWIB community to further build out my network. Of course, the small class size of the Tech MBA and the close connection to the smaller sized Fashion and Luxury MBA also allowed to create a close-knit network already in the summer. I’m sure I’ll carry my network of strong NYU women throughout my career and can’t wait to see what all of them will accomplish.

3. Allies: Finally, a concept that is gaining much more popularity is involving allies that do not identify as women. The great part about women’s engagement within NYU is that non-women identifying students are also asked to participate in a range of events. There are specific events like “Bring your Ally to Work” where all students discuss issues that women in the workplace have experienced to raise the awareness of discrimination, or “Real Meals” where an ally hosts a dinner at their place and invites women to listen and learn more about what discrimination currently still looks like. Additionally, our SWIB conference this year is also centered around the topic of Active Allyship. NYU Stern promotes a policy of equality that can only be achieved by working together and aiming as one for a more equal world and I’m proud to be a part of this effort.

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Networking with Alums & Current Students

Steven is a current Tech MBA student, specializing in Financial Instruments & Markets and Management of Technology & Operations. He comes from a background in tech consulting at Deloitte where he was implementing financial software to complete full cycle digital transformations. He is involved on campus with many clubs including OutClass and Management Consulting Association.

At my last job, my coach told me when we first met, “Networking is part of work,” and this insight has always stuck with me. Networking is so important in all of our interactions because it open doors and leads to so many opportunities. I started my networking with Stern Alumni and current students about a year before I came to NYU. I wanted to get a feel of what the experience was going to be like, both from an education and social perspective, and to see where their MBA took them. These interactions led to so many lasting friendships and great professional relationships. 

At the end of the day, people like to help other people when you reach out. I would say don’t be afraid to ask others for a quick call or coffee chat, because you don’t know where this will lead. In part of my networking, pre-NYU, I learned about so many great opportunities that Stern had to offer such as specialized courses, clubs and recruiting. Now that I am at Stern, I have been able to broaden my network with so many clever aspirational classmates that have come from a wealth of industries. Having these friends with so much experience across different business backgrounds feels like I am being set up for success to easily and effectively execute professional dealings in the future as my career grows.

Through networking with current students and alumni, I realized that so many of us come to NYU without a clear understanding of what we want to do post MBA and how so many of us fluctuate with what will do professionally throughout our time at Stern. I was able to get insights into so many different industries and hear what others did through these connections. When I decided that I wanted to pivot careers from all of these chats, I was able to leverage my relationships with current classmates that came from the industry to help set me up with what I needed to do to be successful in this transition and actually get me ramped up for the career change. I was then able to lean on alumni to help connect me with leaders in the industry that would support me and be willing to take me under their wing. Ultimately, it has led for an easy transition into a new role. 

Overall, networking is important! You never know who can help you or who you can help one day. Be confident in reaching out to others because this will lead to so many lifelong friendships and professional relationships that will always be part of your network.

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Leadership Opportunities at Stern

Before I joined NYU Stern’s Tech MBA program, as an aspiring manager, I always wondered what opportunities would the school provide for me to grow as an impactful leader? How would these compare to the two-year MBA program? And, how do I prepare to arrive at school so I can best leverage these opportunities?

After completing almost a full year in the program, there are a number of opportunities I participated in that helped me strengthen my leadership & management skills while making the most of the program. I hope you consider participating in these as you choose to pursue your own Tech MBA!

  1. Cohort Leader Opportunity: Early in the academic year, Stern gives a taste of what winning an election must feel like, haha! Jokes aside, students elect a cohort leader who serves as a liaison between the administration and your Tech MBA class.  
  2. MBA Admissions Graduate Assistantship: Into the second semester, Admissions Committee selects 3-4 candidates as the face of Stern’s Tech MBA program. These students regularly mentor, guide and serve as ambassadors for both the aspiring MBA students and the admitted students. *wink* they’re the best *wink* As a GA, I have loved talking with so many of you about your journey to business school!
  3. Professional Club Opportunities: There are a number of professional clubs which provide important board positions for the Tech MBA students. Every year, 1-2 students get elected to executive positions within Stern Tech Association, Management Consulting Association, Data Analytics Club, and more. This serves as an excellent opportunity to shape the experience of Tech MBA students for next decade, especially given how the Tech MBA is still relatively new.
  4. Fun Club Opportunities: In addition to professional clubs, Stern also has a lot of special interest and affinity clubs. I personally am closely involved with Stern Football Association, Stern Follies, South Asian Business Association at Stern and Stern Comedy Club. So, spread your wings and find where your affinity lies – most clubs reserve a leadership position for Tech MBA students, which is a great way to get even more involved.
  5. Orientation Leader: Each year, the Office of Student Engagement recruits 4 Orientation Leaders who work to enable a smoother transition for the upcoming cohort. Personally, the Orientation Leaders were real gems when it came to guiding my initial exploration through the program after moving to New York from India last year. I am thankful for their wisdom, and the it seems like a really fun position!
  6. Miscellaneous: Apart from the aforementioned formal opportunities, Stern’s diverse, EQ-centered community continually presents other platforms to rise up and shine as a community leader. Just last semester, when we were struggling with Finance, some knights in shining armor rose up to use their professional experience to guide us in our projects :). Additionally, students who went through the Fall recruiting process and have their job secured have been hosting casing practice and mock interviews for those of us doing just-in-time recruiting in Spring. Even in small groups, Stern students show their leadership and commitment to helping fellow students.

To summarize, not only are there a ton of opportunities available for students to explore, you will also be able to create your own opportunities as you navigate through this amazing journey at Stern.