Michigan Business Club

09/27/2016

Thank you all for making our 2016-2017 kickoff meeting such a successful one. Hopefully, you all had a chance to work on your elevator pitches and LinkedIn profile. Having said that, the LSA Career Expo is from 10:30 am to 3:30 pm on Wednesday and Thursday so be sure to drop by the Union if you can.

09/17/2016

Our Fall 2016 Michigan Business Club applications close at midnight tonight. Make sure to visit www.michiganbusinessclub.org and apply before the deadline!

The Michigan Business Club (MBC) is a student-run organization dedicated to introducing members of the University of Michigan community to the world of business. Our aim, in specific, is to give young students hands-on experience of real world business situations, teach them about various new indust...

09/13/2016

We will be having our first information session in the Pendleton Room of the Michigan Union today from 6-8pm. We will also be having a second information session tomorrow, September 14th from 6-8pm in the Hussey Room of the Michigan League. The information sessions will cover the main focus of the Michigan Business Club, benefits of joining, and upcoming events for the Fall semester. We will also explain our application process and important dates.

04/11/2016

Thank you all for coming out to our last meeting of the semester. Your contributions and enthusiasm across the meetings made MBC a success this semester. Hope you enjoyed the jeopardy review and big thank you to all who filled out the feedback survey. We will try out best to implement your suggestions when we resume in the fall. All the best for finals and have a fantastic summer break.

03/21/2016

A big thank you to all our members for making the MBC Entrepreneurship Challenge a success. We were lucky to have Eric Katz, Jordan Golshan and Howard Sobel be our judges and share their experience with us. There were some wonderful business ideas and presentations across the board. Congratulations to "Loading" and "Park Pal" for coming in first and second respectively. This week, we also concluded the month-long Stock Investment Competition. Congratulations to Aayushi Madani for winning it with a 42% return on investment. See you all at the next meeting!

03/15/2016

Thank you to everyone who joined us last week! To start off our meeting we were fortunate to have Anne Perigo from the Zell Lurie Institute come speak about the entrepreneurship opportunities on campus. Following her speech, our members broke into teams of 5 and developed ideas for entrepreneurial solutions to problems they face on campus. We hope to see you all next week for the presentations!
Here are the links to some of the topics discussed during the meeting.
Morning Brew:
http://www.morningbrewdaily.com/
The Zell Lurie Institute for Entrepreneurship http://www.zli.bus.umich.edu/
Dare to Dream Grant: http://www.zli.bus.umich.edu/events_programs/dream_grant.asp
Michigan Business Challenge: http://www.zli.bus.umich.edu/events_programs/busplan_competition.asp

02/22/2016

We’re so glad that so many of you could make it to the kickoff meeting for this year’s entrepreneurial challenge! After a brief market update, we had the pleasure of video chatting with Mike Townsend, founder and COO of HomeHero. As a winner of Forbes 30 Under 30 and various other acclaimed recognitions, Mike offered us an overview of how to run a successful startup, touching on everything from formulating an original idea to acquiring the funding necessary to get your business off the ground. You can find pictures from this meeting below.

For anyone interested in pursuing entrepreneurship, make sure you check out these recommended links: https://angel.co
https://pitchdeck.improvepresentation.com

Don’t forget to start brainstorming your own startup ideas for the upcoming competition! Enjoy your spring break! We’ll see you in two weeks.

02/15/2016

Thank you all for coming out to our meeting this Sunday discussing the financial market. After being introduced to how stocks work, we all took part in the Stock Investment Competition and were able to get a first-hand look on how stock investing really works. Our market updates this week:
-Japan's Nikkei Index fell 11% this week and has fallen nearly 25% since Nov. 20. This raises major questions for Prime Minister Shinzo Abe's growth plan, "Abenomics."
- Time Inc. acquired Vint Technology, the owner of MySpace.
Next week you can look forward to participating in the more intense investment competition where winners will receive CASH PRIZES! See you all next Sunday.

02/01/2016

Thank you all for coming out to our meeting on marketing. We had some fantastic product pitches and a comrehensive analysis of marketing strategies from members. Here are some pictures from the meeting:

01/31/2016

Here are a couple of pictures from our kickoff meeting last week.

For those who missed it, Japan cut their key interest rates into negative territory in an attempt to boost inflation. This essentially means that banks can end up paying customers who borrow from them. This move also impacts the Fed's decision on interest rates in the foreseeable future. For more on the topic: http://www.marketwatch.com/story/what-you-need-to-know-about-the-bank-of-japan-and-negative-interest-rates-2016-01-29

01/23/2016

MBC will be hosting a social for all club members tomorrow at 3:00 located in the Kuenzel Room at the Michigan Union. We look forward to welcoming new and returning members back for the first meeting of the winter semester.

12/07/2015

Thank you to everyone who attended our meeting this Sunday. Our panel of BBA students made for a great and collaborative meeting. Our market update highlights some of the major financial news from this past week:

- With the U.S. adding 211,000 new jobs in November, the Fed is expected to raise interest rates for the first time in nearly 10 years.

- IMF adds China’s RMB in benchmark Special Drawing Rights basket.

- Global mergers and acquisitions have reached over $4.3 trillion and U.S. M&A has topped $2 trillion, both records.

- Yahoo’s board is considering selling the company’s core Internet business and spinning off its stake in Alibaba.

- China will add a “circuit breaker” to their stock market in 2016. A 5% rise or fall will halt trading for 15 minutes and a 7% change will stop trading for the rest of the day.