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Citigroup Career Transition and Leadership Seminar provide real-life lessons in management.
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| Consulting-Times E-zine
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'Boot Camp' experience prepares incoming minority MBAs for corporate leadership
In a unique gathering of leading companies and executives, Management Leadership for Tomorrow (MLT) and Citigroup, along with PepsiCo, MTV Networks, Booz Allen Hamilton, General Mills, and the Boston Consulting Group, teamed up to host the Citigroup Career Transition and Leadership Seminar — a series of industry-specific skill development boot camps for 130 young minority professionals who will start business school in the fall of 2006. This annual four-day event is the culmination of MLT's year-long MBA Preparation Program.
The boot camps teach the competencies these leading firms seek in MBA-level managers by challenging MLT participants to work through the real-world case scenarios in Investment Banking, Consumer Banking, Brand Management, Strategy Consulting, and Media & Entertainment.
The participants were directly engaged by senior executives including Citigroup's Co-head of Global Investment Banking Raymond McGuire, Booz Allen senior partners Gerry Adolph and Reggie Van Lee, MTV Networks Senior Vice President Richard Gay, PepsiCo Vice President Frank Cooper, and General Mills' John Starkey.
Raymond McGuire offered the following perspective on MLT and the boot camps: “We want every young person to be able to realize their career potential, and we are pleased to have created a platform that makes real impact on the students and companies involved.”
Officially known as the Citigroup Career Transition and Leadership Seminar, the boot camp experience is a highlight of the MLT Leadership Development System — designed to broaden the pipeline of minorities preparing successfully for leading MBA programs and ultimately for senior management positions. MLT is currently the number one source of minority students for the nation's top ten MBA programs. Citigroup alone has extended over 50 offers of employment to MLT undergraduate and MBA students over the past year.
“Our soon-to-be MBAs gain early exposure to these industries and firms, meaningful relationships with managers, and a broader skill set based on actual experience,” said, John Rice, MLT Founder and CEO, “And these are exactly the same things that companies who recruit MBAs want as well.”
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