The fellowship is an intensive ethics program for up to 90 students and early-career professionals studying business, journalism, design and technology, law, medicine, or religion.
Through the two-week curriculum, fellows will examine the role that their fields played in Nazi Germany during the Holocaust, and explore some of the ethical concerns that apply today. Business fellows will travel alongside the law & design and technology fellows, who will consider how ethical constructs and norms in their professions align and differ.
Drown, who will work at McKinsey & Co. in the San Francisco office after graduation, discussed the program with Haas News.
What inspired you to apply to FASPE?
I’ve always been interested in how companies can be more ethical and sustainable and their decision-making processes. FASPE provides an opportunity to think about some of the modern ethical issues that companies are grappling with. After Haas, I’m entering consulting and having some ethical decision-making tools in my back pocket will be helpful when I’m working with companies on ethical challenges.
How has your experience at Haas helped shape your interest in the program?
Haas has been a great place to think about ethics in business and is present in every class I take. I had an interest in ethics and business before coming to Haas, and Haas has only ignited that interest more. The opportunity to participate in FASPE is a continuation in exploring some of the ethical questions and dilemmas that I’ve encountered while at Haas.
What do you hope to take away from the trip?
I hope to take away some examples and tools for ethical decision-making in business. I’m particularly interested in how this program will relate modern ethical challenges to the context of the Holocaust. I’ve never traveled to Auschwitz or any of the sites that we’re planning to visit and I want to come away with a better understanding of the role of different stakeholders (in business, law, journalism, etc.) in permitting or even accelerating atrocities of the Holocaust.
These two weeks will be an opportunity to think about the business community’s role in the Holocaust especially. Beyond that, this is an opportunity to be with like-minded business leaders who care about ushering in more ethical decision-making in business.
How does the fellowship align with your career goals?
The fellowship emphasizes how to integrate ethical decision-making across every department and every section of a business’s operations.
This fellowship follows my motivation to find ways to make the business case for investments in sustainable initiatives. Before coming to Haas, I worked on the sustainability team at Gap, Inc. and as much as I enjoyed the role, I lacked tools in understanding language, communication, and business models necessary to convince companies to make investments in sustainable initiatives. This motivation is what drew me both to business school at Haas and to the FASPE program.
For Arnaud Paquet, MBA 24, winning a top annual UC Berkeley sustainability award was the culmination of two years of climate leadership and sustainability initiatives on campus.
Paquet, one of four winners honored last month by the UC Berkeley Chancellor’s Advisory Committee on Sustainability (CACS), received an impressive 16 nominations—including recommendations from former Berkeley Haas Dean Laura Tyson, Professor Severin Borenstein, who is faculty director of the Energy Institute at Haas, and Danner Doud-Martin, director of Haas Campus Sustainability.
Paquet has been “instrumental around everything at Haas that pertains to sustainability,” Doud-Martin said. “He is everywhere. He is always connecting with people, always talking to people. Everyone knows Arnaud.”
“He is everywhere. He is always connecting with people, always talking to people. Everyone knows Arnaud.” – Danner Doud-Martin
Proof point: When Paquet attended the annual ClimateCAP conference two years ago as a Haas fellow, Doud-Martin said the organizers ran a contest to see who could track the most connections made during the conference on their phones. “He won the whole thing,” Doud-Martin said.
Paquet, who grew up in Brussels and holds bachelor’s and master’s degrees in energy engineering, has spent his career working on the transition from fossil fuels to clean energy. He came to Haas planning to make new connections and go deeper into solving climate change.
One of his first moves was to join the Berkeley Energy & Resources Collaborative, (BERC), the largest on-campus organization that unites students, alumni, faculty, and industry leaders seeking to turn research toward solving energy and environmental problems. He quickly dove in, helping to organize their annual Energy Summit. Then, he took on the role of co-president, winning the Chancellor’s award, in part, for his work with BERC, which is entirely student-run and spans 11 colleges and 28 departments across UC Berkeley.
“BERC is special because it’s campuswide,” he said. “You can’t assume that climate change can be solved only through business. It’s going to be a cross-functional problem to solve. And so you need all disciplines—business policy, law, engineering, and so on.”
Paquet also spearheaded the inaugural Women in Climate event at UC Berkeley to create a platform for underrepresented members in BERC and the industry. Borenstein said Paquet showed a strong commitment to diversity by launching the conference, “giving diverse voices a platform in the climate crisis.”
Paquet, along with Angelina Donhoff, MBA 24, became the first co-vice president of Sustainability for the Haas MBA Association (MBAA). The pair, both members of the Haas Sustainability Task Force, helped create the new VP role by empowering fellow MBA students to vote for the change.
Now, they are working with Doud-Martin on a grant-funded pilot program studying the climate cost of airline travel—using an MBA course that requires students to travel to Denmark as a study subject. Arnaud plans to write recommendations addressing the challenge of sourcing high-quality carbon offsets for air travel and the risk of greenwashing.
He also served as a researcher and co-author for former Dean Tyson and venture capital firm Angeleno Group in a forthcoming article on innovations in climate finance for the California Management Review.
A startup plan
Outside of Haas, Paquet has worked for multiple Bay Area climate-focused startups, including Twelve and Granular Energy, the latter of which he still works part-time as a business development lead. After graduation, he plans to join a startup tackling the challenge of decarbonizing the hard-to-abate sectors, which account for a third of global carbon emissions.
He said he’s enjoyed much of what makes Haas a unique place. “We have a lot of folks coming to Haas who are mission-driven and want to have a positive impact. And you will see a lot of students either starting their own company or going into climate tech, sustainability, and impact investing,” Paquet said.
“It’s an exciting time for Haas. The school is launching a new MBA/MCS (master of climate solutions) degree with the Rausser College of Natural Resources and Haas is hosting ClimateCAP next year. I feel like UC Berkeley really prepared me well for what’s next, and I’m grateful for it.”
As a UC Berkeley freshman,Destin Lasco, BS 24, of the Cal Men’s Swimming & Diving team, emerged as one of the nation’s best backstrokers. Now a senior at Haas, he’s just returned from the NCAA championships in Indianapolis, where he broke the NCAA and American men’s 200 backstroke record. (He also swims the individual medley and freestyle.) Fresh off of that victory, Lasco, a three-time USA Swimming National Team member, is training for the 2024 Olympic trials in Paris this summer.
In this interview, he discussed balancing class at Haas with training, his friendship with fellow backstroker and Olympic gold medal winner Ryan Murphy, BS 17, and how his parents inspired him to study business.
Can you tell us about your background? Where did you grow up?
I’m from New Jersey. I studied at Mainland Regional High School. When I was going through my recruiting process, my second choice was Stanford. But the reason why I wanted to come to Cal was just how real it was and how the education system here sets you up the best for life. When I was hanging out with all of the athletes at Cal, they emulated this energy of, “Nothing is handed to you. You’ve got to earn it.” And that’s how life is. And that was the reason why I came to Cal, to set myself up for life outside the pool.
That was the reason why I came to Cal, to set myself up for life outside the pool.
How did you get into swimming?
I lived near the Jersey Shore. When my brother was 5 years old, he was crabbing with my uncle, and the rope caught around his ankle, and he fell in with the trap. He didn’t know how to swim, so my uncle had to dive in and save him. When that incident happened, my parents said, ‘You guys have to know how to swim.’ So we went to the Atlantic City Aquatic Club 15 minutes from our house. One of the requirements to make the team was to swim a lap, and my brother was able to swim the lap. So they took him. But when it was my turn, I couldn’t do the full lap. After private lessons for six months, I went back and barely swam the lap. Since my brother was already showing promise of being a top athlete, they said, ‘We’ll just take the younger brother, too.” And the rest is history.
Yes, you went on to swim at Cal and be named the 2021 Pac-12 Freshman Swimmer of the Year.What do you love about swimming?
What I love about swimming is the grind aspect. You do it because you love it. Swimming taught me so many things about discipline. I’ve also learned about that from Ryan Murphy, who is a Haas grad. He showed me a whole different perspective—how you eat, how you sleep, how you do time management, building a routine. The most valuable advice he gave me was about consistency, making sure you’re giving 100% every day.
The most valuable advice he gave me was about consistency, making sure you’re giving 100% every day.
How did you meet Ryan?
I’ve been chasing his national records ever since I was a young kid around 11, 12 years old. I always knew the name. I met him officially in 2017 and got to talk to him a little bit. But he wasn’t at Cal yet. I wasn’t committed or anything. He just knew me as a kid coming up through the ranks. That’s when our relationship started to blossom. And then, he ended up coming here and became my training partner. We practice every single day, and we have lockers next to each other. I just try to be a sponge around him and learn as much as I can and not to bother the man too much.
I’ve been chasing his national records ever since I was a young kid around 11, 12 years old.
How do you manage your time, balancing school and practice?
The things I allocate time for are recovery—massage, stretching, sleeping, making sure I’m hydrating well. And then comes studying, making sure I’m doing my homework and going to office hours when I need it. And then, the third thing is nutrition—not eating out a lot and trying to cook my own meals. I just had lunch with (my roommate and Haas undergraduate) Cal swimmer Björn Seeliger (BS 25). We made a seared steak with a mushroom sauce, and we had kale salad with fruit. It was so good.
It feels good. But the goodness I feel is because somebody else broke it three weeks before I did, and I was like, “That has to be a Cal record.” I cannot let that record fall into anyone’s hands. So it felt great to do it after I kept missing it and was trying to find ways to get there. To see it finally happen was amazing.
What did you do to celebrate?
Coach Dave (Durden) gave us two days off. So I got to enjoy Easter, which was nice—just lay down and do nothing. But that’s about it. I’m back in the grind now because of the Olympic trials that are 11 weeks away. I really just want to use the momentum from NCAAs to carry me through the summer.
What would competing at the Olympics mean to you?
I always say this, but it’s a dream. It’s like that white whale you chase. So it’s the white whale I’ve been chasing, and it would be a dream come true.
What do you love about the backstroke?
I love backstroke because you can breathe the whole time. Your face is not in the water and that’s huge. You also start in the water, so you don’t have to worry about your goggles coming off during your race. And also, backstroke is hard. It’s an underrated stroke.You have to be very mentally tough to do it. Backstrokers are the most mentally tough swimmers. You can ask Ryan. He will agree!
Why did you want to study business?
Seeing my parents open their own business sharpening medical equipment and the sacrifices and dedication it took. My dad and mom were working two jobs, my mom was in the casino industry because that’s really popular where I’m from. I would wake up for practice at 5 in the morning, and my dad would drive me. Just seeing the amount of passion that they had and the hustle it took, that inspired me to study business. My mom always cooked me fresh meals ,and she would sleep maybe five hours and take naps just to make my swimming dream a reality. Now, they have a mobile sharpening service; they pull up to hospitals and sharpen all their instruments.
What’s your favorite class that you’ve taken?
Corporate Finance and Financial Analysis with Steve Etter for sure. Another class I loved was UGBA 133, Investments, with Sam Olesky. Great professor.
Do you want to follow in your parents’ footsteps as an entrepreneur?
That’s a goal, but I know you have to have experience under your belt. I want to first work at a big company and learn how to work in teams and learn how to think on a macro level, so when I open my own thing, I can start micro and then build.
You are graduating this spring. What have you enjoyed about being at Haas?
Going to Haas and being in classrooms of like 30 to 50 kids, I felt like I was back in high school, where I know the professors and the GSIs on a genuine level. You take one course, and the next semester, you’re in the same course with a kid you took finance with. You get to build those really close relationships. The people here are just passionate about what they do and are passionate to pass down what they’ve learned, so I love that.
Haas News recently talked to Chang, who also holds a bachelor’s degree in political economy from UC Berkeley, about his love of public service, his experiences at Haas, and his desire to serve Berkeley in a district where students make up the majority of the voting population.
You came to Haas planning to return to the private sector. Why did you change your mind and run for office instead?
I wanted to leave politics. But coming here renewed my passion for public service. I was a delegate in the Graduate Assembly, representing all three Haas MBA programs, and president of the EWMBAA (student) association. That is what made me realize that I want to really double down on public service.
As you approach graduation, what are some highlights from your time spent in the MBA program?
Taking core classes with my cohort and the deep friendships that you build. Also, placing second at the HUD Innovation in Affordable Housing Student Design and Planning Competition. Being able to work with different people from the Real Estate development program, Berkeley Law, and the architecture program at Berkeley… If there’s anything I could recommend that Haasies do, it is case competitions with people from outside of your program. Meeting people from different majors and different walks of life is a beautiful thing.
What made you decide to run for a seat on the City Council?
I’m running because I have a deep passion for public service and because I have a deep love for Berkeley. Berkeley is a place where I found the love of my life, Richard. But it goes a little deeper than that. I get to be authentically “me” here, whether that’s showing up at work at City Hall, or showing up authentically at Haas—being a leader on campus representing Haas, I have the opportunity to be who I am: fearless, not just in my identity, but also in my values and being able to speak up, even if it’s sometimes unpopular.
What are the core issues driving your campaign?
Fighting for affordable housing. I am concerned about housing affordability and availability and safety, which I know is a big concern for many of our students. Students deserve a nice place to live and an economically vibrant Telegraph Avenue business district. These are all things that I’m running on. The person who represents you—the job is to really serve you and bring back resources to the community, to make the community better, and I think I’ve shown I’ve been able to do that.
Do you support the UC Berkeley campus decision to build housing at People’s Park?
Yes. I think this is one of the reasons why Haasies should care about this election. The building project at People’s Park, to be clear, includes two-thirds green space. There’ll be housing for 1,100 students, and there will be over 100 housing units for the unhoused. We can either have that as an option, or an open-air drug market as the alternative. I know students overwhelmingly want housing. I think a lot of students are too afraid to speak up because, anytime we do anything to solve a problem that requires some form of public safety measure, it’s often vilified as a right-wing tactic or supporting right-wing policies. And I just really reject those notions.
We can either have that as an option, or an open-air drug market as the alternative. I know students overwhelmingly want housing.
How do you think your classes and community at Haas have helped you to be a better leader?
I think that all of my classes are founded on our Haas Defining Leadership Principles. Whether that’s going beyond ourselves, questioning the status quo, confidence without attitude, or students always, every single one of my classes has really grounded me. I have become a better leader, am open to different perspectives, ask the tough questions, and also just always want to learn and soak up different knowledge. I always say Haas is one of the most supportive communities that I’ve ever belonged in.
What do you love about your current job?
What I do best is I know how to deliver for constituents who are in need, as long as they’re patient with me and give me time. Most of the time, I am able to give them what they want within reason, whether that’s cleaning up a street, making sure that our unhoused people are compassionately served, or getting a traffic circle at the edge of our district, or making sure that their events get fully funded. Also, getting $9 million for the African American Holistic Research Center, and making MLK Way much safer. It’s still messy, but safe. That took seven years, and I am so proud of it.
How would you make this area of Berkeley safer?
I think we need better lighting on and off campus. The campus “Warn Me” system needs to be a lot better. The city could do more to make sure that simple things like cracked shop windows are fixed, simple things like cleaner streets—this goes a long way. We are also working with merchants to install private cameras that work with the city. I am open to public cameras but I am always concerned with civil liberties, so I’m not ready to say yes or no to that. We should be working with business first. One of my biggest goals is economic growth on Telegraph. We know the No. 1 crime deterrent is more eyes on the streets, so that’s what I’m really hoping for.
The special election will be held April 16 until 8 p.m. (mail-in ballots have been sent). Registration has ended, but eligible District 7 voters can register at the voting location, the YWCA Berkeley, 2600 Bancroft Way, Berkeley, before and on election day.
Miaad Madeline Bushala, BS 25, likes Taylor Swift’s music but doesn’t consider herself a die-hard “Swiftie.” What’s more intriguing to her is Taylor Swift’s evolution as a business leader who continues to top the music industry.
Bushala is now tapping into how the 14-time Grammy winner built her fortune, co-teaching a DeCal at Berkeley Haas called “Artistry & Entrepreneurship: Taylor’s Version” with Sofia Mei Lendahl, a sophomore Data Science and Statistics double major. The pair were in their fourth week of teaching the 13-week class when Bushala talked to Haas News.
You came to this class with both a musical and a business background.
Indeed, I did. I was a vocalist in the Popular Music Conservatory at the Orange County School of the Arts (OCSA) alongside my brother who is a fantastic drummer and my biggest musical inspiration. I attended Grammy Camp twice for vocal performance, a camp where high school students across the nation learn from and collaborate with music professionals.
My business background comes from watching and helping my parents with their real estate business, and then of course all that I’ve learned since being a student at Haas.
What interested you most about Taylor from a business perspective?
I heard somebody say that “nothing about Taylor Swift is an accident,” and I truly do believe that. Particularly as a business student, Taylor’s story has been so fascinating to me. At the end of the day, her songs, albums, merchandise, tours, etc. are all products, and for a product to have a life of almost 20 years not only says something about Taylor’s brilliance as an artist, but as a businesswoman. With that, I am interested in unraveling all those pieces about her and seeing what made her the success that she’s become.
I heard somebody say that “nothing about Taylor Swift is an accident,” and I truly do believe that.
How did you meet Crystal Haryanto, BA 23 (Economics, Cognitive Science, & Public Policy), who founded this class?
Crystal and I met through Lizzie Coyle, director of Major Gifts at Haas. Lizzie shared the excitement of the Taylor Swift course in the business school and I was encouraged to consider joining the team as the team was also seeking a business perspective. I was supposed to study abroad this semester in Spain, but this was my sign to stay and do something that I’d never done before.
As a business student, how did you help shape the class syllabus?
I asked the hard questions—for every concept in our syllabus, I ensured that there was a viable link to business. We wanted students to view Taylor as an entrepreneur who differentiates herself within a market, manages customer acquisition and sustains customer loyalty, and impacts multiple economies. We wanted them to think about how, as future entrepreneurs and business leaders, to make their customers their biggest fans, like Taylor has done.
Can you give a few examples of how that plays out weekly in the class?
One of my ideas for our marketing unit was a deep dive into Taylor’s style evolution over her self-proclaimed eras, and how that has reinforced her principles of relatability and world building. While style was a more subtle signal that built up over time, I’ve also enjoyed speaking about her direct power moves. Last night, for instance, we discussed how Taylor negotiated her contract with AMC Theatres and took hold of the reins for the Eras Tour film project. She financed the film and received 57% of the movie profits. To me, that was her learning from the mistake she made when she was younger, when she signed over the masters to her music.
In business school, students study the importance of connection in building an authentic brand. How has Taylor become a master at that?
Taylor’s songwriting stands out on two primary levels. The first is that she puts her insecurities and struggles out there, emotionally stripping herself through art. The second is that she vividly weaves those vulnerabilities into stories. Unique structures, sonic devices, and figurative language add layered complexities to these stories that ensure that they are highly talked about among consumers as a hot commodity. These elements of songwriting craft also tailor each product to match the message it is sending, which strengthens its value to consumers. She’s able to create a dynamic, so people continue to feel like they can relate to her. She really knows her audience, and her songs cover every part of her ideal listener’s life.
What does Taylor teach us about how to lead?
Taylor’s grandmother, Marjorie, said it best: “Never be so kind, you forget to be clever / Never be so clever, you forget to be kind.”
Taylor shows us how to balance a good heart with strategic design. We bring it up in class—the bonuses that she gives her team and the ways that she gives back to the community. Philanthropy happens to also be a tax write off for her, but that isn’t a bad thing. I think people know when a brand is doing something that feels inauthentic, and that isn’t the case with Taylor.
I think people know when a brand is doing something that feels inauthentic, and that isn’t the case with Taylor.
Taylor has so much power. How do you see her using it to uplift women’s voices, big and small?
Taylor has spoken extensively on how navigating the industry as a woman is different than as a man, which she writes about in “The Man” and “mad woman.”
She wears clothes from small, women-owned businesses, which have seen huge jumps in customers and traction.
But arguably one of the biggest ways that Taylor has amplified women’s voices is when she was a victim of sexual assault and ended up suing her assaulter for a symbolic one dollar. For many women, especially young fans, hearing a beloved figure speak so openly about that emotional damage not only acknowledges their pain, but also models speaking out against intolerable behavior that has become normalized in our society.
I have to ask about her dating Travis Kelce and what that has done for her brand.
The question should be what dating Taylor Swift has done for Travis Kelce’s brand. We’ll discuss her influence in the NFL in class and perhaps the perceptions that come with being in a high-profile relationship.
How much longer do you think that Taylor will continue reinventing herself as an artist? Do you think she will be like Madonna, touring in her 60s?
A lot of artists, once they feel like they’ve reached a certain point, go off the grid. I don’t quite know, but I know this: Taylor will always be a songwriter. She’s even said that she would consider writing songs for other people at some point. She cites songwriting as her lifeline, passion, and purpose—singing and performing are extensions of that.
Note: Bushala and her team will present at the annual Berkeley Haas Alumni Conference on April 27. Registration is open.
When Lizzie Hoerauf, MBA 24, joined Berkeley Haas, she had a vision of what she wanted to do post-graduation.
“My goal was to bring the finance and operations business acumen I gained from an MBA program back to organizations with missions I care deeply about,” said Hoerauf, who has a background in nonprofit management, including working for Yosemite National Park.
At Haas, Hoerauf found her calling in the Impact CFO program, an innovative initiative designed to create a new generation of CFOs equipped to lead foundations, nonprofits, and other social enterprises.
She’s not alone in this journey; Hoerauf is part of the inaugural cohort of 14 MBA students united by a goal to develop strong finance and analytical skills while having an impact on society.
(Hear about Impact CFO from a few students in video below.)
Workshops, speaker series, and networking events complement hands-on projects and industry mentorship, ensuring a comprehensive learning experience. Another key program feature is an internship that bridges impact and finance, helping students gain insights into the evolving role of a CFO in the social sector.
Raising the financial leadership bar
Silver emphasized the program’s unique approach: “Today’s social sector organizations need more than just accountants who can close the books; they need strategic thinkers with an MBA-level understanding.” This sentiment echoes throughout the program, raising the bar for financial leadership in the social impact realm, she said.
“Today’s social sector organizations need more than just accountants who can close the books; they need strategic thinkers with an MBA-level understanding.” — Nora Silver.
Even-Tov highlighted the diverse backgrounds of the program’s candidates: from seasoned finance professionals seeking meaningful impact to experienced nonprofit professionals aiming to amplify their fiscal expertise. “The program challenges its participants to balance the mission of the organization with financial stability,” he said. “Without wise business decisions, these organizations will not be able to achieve their social missions.”
CFOs in demand
Demand for such specialized financial talent is high, especially in California, a hub for the social impact sector, Silver said. “Of the 86,203 U.S.-based foundations, 22,347, or 26%, are located in California and hold assets of more than $722 billion,” she said. The base salary range for a senior finance manager or director in the sector is $120,000-$140,000.
Mentorship is a cornerstone of the Impact CFO program—and mentors in the Impact CFO program hail from industries including education, health care, impact investing, government, humanitarian aid, housing, art & culture, and philanthropy.
Hoerauf’s mentor, David Samuels, MBA 86 and CFO of REDF, exemplifies this. Interning at REDF, Hoerauf uses her MBA skills in a real-world setting, applying her learnings from courses like Strategic Management of Nonprofit Organizations and Social Sector Solutions.
Victor Ringeard, MBA 24, who is transitioning from a healthcare consulting background, anticipates a transformative experience at LifeLong Medical Care under CFO Brent Copen. Ringeard aims to grasp the nuances of nonprofit finance in healthcare and learn how to influence stakeholders who may not have a financial background, all the while making healthcare more accessible in the Bay Area.
A deeper understanding of the role
Yvonne Mondragón, BS 16, MBA 25, is blending her investment banking career with her nonprofit commitments. “Understanding the CFO role deeper will enrich my contributions to both sectors,” Mondragón, who serves on the board of the East LA Community Corporation, said.
Delphine Sherman, CFO of BRIDGE Housing, is mentoring Alex Weinberg MBA 24, who is interested in low-income housing, a field where BRIDGE Housing is a major player.
Sherman, the former CFO of Haas, said she believes that the Impact CFO program is not only shaping future leaders, but “molding a new financial paradigm in the social sector.”
“Impact CFO will fill a huge need for strategic, forward thinking, systematic, efficiency-driven, change agent CFOs in the social sector,” she said.
Looking ahead, Even-Tov and Silver envision building one of the largest networks of finance professionals in the social sector within a decade.
“We want the Impact CFO program to stand as a beacon, illuminating the path for future CFOs committed to making a difference,” Even-Tov said..
At a time when the world—and especially the job market—is full of uncertainties, it can often seem impossible to rise above the challenges many women face, from the workplace to their personal lives.
The 28th annual Women in Leadership conference aims to shed light on these challenges—and more specifically, the resilience that women exhibit. This year’s theme, “Leading with Resilience,” features speakers who will discuss their experiences in maintaining strength and overcoming adversity as women, from the personal to the professional to the physical. The conference will be held Saturday, Feb. 24, at the Haas School of Business, with an additional optional event the preceding evening at Ivy Room in Albany.
“Thinking about the theme for this year, we wanted to focus on what was happening in the broader world and physical environment,” said conference co-organizer Jillian Geary, MBA 24. “And this topic of resilience kept coming up for a lot of us in the room.”
Organized by the Women in Leadership club, the conference is one of the longest-running and highly attended events at Haas.
The conference will feature speakers such as Yasi Baiani, co-founder and chief product officer at Raya; Shripriya Mahesh, founding partner at Spero Ventures; and more.
Geary, who worked for a diagnostics startup amid the pandemic, discussed how her background in health care helped inspire the conference themes of leadership and resilience. She noted that, especially during such a time of uncertainty, she discovered the importance of collaboration.“I think of this conference in a similar manner—that we are smarter when we come together and create an atmosphere for people to share the challenges they’ve been through, rather than solely share their biggest successes.”
Co-organizer Alyssa D’Cunha, MBA 24, likewise noted that she hopes that the conference will help normalize difficult conversations surrounding hardship through a mixture of keynotes, a fireside chat, and panels on topics ranging from navigating male-dominated fields to living a balanced life.
She added that their ultimate goal is for attendees to leave the conference with a toolkit, having discovered their own resilience.
D’Cunha, who has a background in mechanical and materials engineering, highlighted the significance of addressing how women can navigate and succeed in male-dominated industries. Kellie McElhaney, Haas lecturer and founding director of the Center for Equity, Gender, and Leadership, will lead a conference workshop on the topic.
“I remember having a less than ideal conversation about having reached parity already, and how there is no longer this equality or equity problem that we need to address going forward,” she said. “We want to talk about how you navigate conversations like that with your superiors and what it means to be equity fluent.”
On Friday, Feb. 23, there will be a pre-conference “Story Slam,” inspired by Haas tradition of Story Salon, where students share their lived experiences with storytelling.
At a time of life when many of his peers are well into retirement, Peter C. Fung is having “the time of his life” as a student in the Berkeley Haas Executive MBA Program.
But for Fung, 76, a retired neurologist and self-proclaimed lifelong learner, retirement was never an option. It’s the reason he wanted to earn an MBA and why he connected immediately to Students Always, one of the four Haas Defining Leadership Principles (DLP).
“Age is not important,” said Fung, EMBA 24, who sits on the El Camino Health District Board of Directors and for a decade led the hospital’s stroke program, which is named after him. “When we’re using our brains in thinking or learning new information, neuronal pathways from neuron to neuron are formed. This is the best anti-aging therapy. Just like an old car, you have to keep it running to keep it from rusting.”
Developing leadership skills
As a physician, Fung, an advocate for health, wellness, and disease prevention, has spent more than 35 years improving health care quality and access. Now, he’s running for an open seat on the Santa Clara Board of Supervisors, where he hopes to tap what he’s learned at Haas on the journey.
In the EMBA program, Fung said he’s developed leadership skills that he believes will help him stand out as a political candidate. He’s also gained new expertise in economics and data analysis—and a deeper understanding of organizational finance that he hopes to apply to overseeing the county’s budget and tackling the deficit.
He said he is impressed that his classmates—busy with careers and young families—are all committed to learning new skills, pivoting to new jobs, starting companies, and helping each other.
“The cohort has been treating me as one of their own,” he said. “I was terrible with the computer, especially with Excel, when I started the program. But I was finally able to master this very powerful tool. I actually did quite well on my finals. I have enjoyed the challenge. It was a thrill.”
Fung believes he brings something unique to the program. His classmates agree.
Abdus Sattar, EMBA 24, collaborated with Fung during a recent business policy immersion trip the cohort took to Washington D.C. Their paper on “Medicare Drug Price Negotiation, “offered me an opportunity to delve into crucial healthcare topics,” said Sattar, who holds a PhD in electrical engineering.
Saya Honda, EMBA 24, said that Fung “pushes us and encourages us to challenge ourselves.” She said Fung embodies all four of the Haas Defining Leadership Principles: He questions the status quo by being unafraid to ask questions; he shows confidence without attitude by using humor in public speaking; he’s a student always as the oldest person in the cohort and as someone who believes in the importance of education; and he’s questioning the status quo by running for county supervisor.
A passion for learning
Originally from China and having grown up in Hong Kong, Fung came to the United States to study at the University of Michigan Medical School, where he became board-certified in internal medicine and neurology and also earned a master’s degree in neurochemistry and neuropharmacology.
“His passion for learning is not only impressive but also infectious,” said Elizabeth Stanners, executive director of the Haas Executive MBA program.
When a professor recommended a PhD program, Fung’s wife, who missed living in Asia and warmer weather, balked. “She said, ‘We’re going to move to California.’ he said. “That pretty much was an ultimatum. So we came to San Jose, where I was the only neurologist in my area of the city.”
For Fung, 1996 proved a turning point in life after his mother had a devastating stroke that left her paralyzed on one side and unable to speak. Fung managed to consult with the chief of the stroke program at Stanford about a new drug called tPA, which his mother received. “The next day, she asked, ‘Why am I here?’ Her arm was no longer paralyzed, and she was speaking fluently,” Fung recalled.
Running for supervisor
After that experience, Fung decided to study strokes, immersing himself in articles and at conferences for a decade. Along the way, he became the first physician in the Bay Area to be board-certified in stroke neurology. “I thought I would work as a stroke and vascular neurologist for the rest of my life,” he said. “But then, I started thinking about what else I could do.”
Running for office was part of that plan, to expand his commitment to improving access to care for everyone. Earlier in his career, Fung served as co-director of the El Camino Health Chinese Health Initiative, to provide education and access to the Asian community. The initiative is now the largest nonprofit organization catering to Chinese patients in California.
In 2014, he ran for the El Camino Healthcare District, which manages the budget for the district’s hospitals. The Santa Clara Board of Supervisors is the next step, where his work would have impact on a larger population.
If elected, he said he’d tap into the DLPs to help with decision making in critical areas that are top of mind for constituents: crime, safety, healthcare, inflation, education, and housing. “After thorough research and analysis, I would delve deeply into the issues at hand, engaging with fellow political leaders to gain diverse perspectives, and to develop well-informed and practical solutions,” he said.
Meanwhile, Fung is looking forward to adding an MBA to a long list of accomplishments.
“If I’m the oldest student to graduate successfully from Haas, and I go on to make a meaningful life after graduation, that will be something to write about,” he said. “That’s my goal.”
Promising climate technologies that address everything from water desalination to Earth element extraction to lightening-fast battery charging took center stage at the 2023 Cleantech to Market (C2M) Climate Tech Summit.
The summit, held at Spieker Forum in Chou Hall on Dec. 1, brought together eight UC Berkeley graduate student teams who presented their findings from a year’s work on entrepreneurial projects for C2M company founders. Each team spent nearly 1,000 hours working with founders, assessing new technologies, and investigating paths to commercialization.
Brian Steel, co-director of the C2M program, which is part of the Energy Institute at Haas, called this year’s summit the most successful to date and reflected on C2M’s growth since its 2008 founding.
“One of the things that’s so energizing for us as faculty is that the students come to us now with such wonderful depth and breadth of knowledge because cleantech has been around for so long. We feel so fortunate that the world has caught up with the sustainability work we have been doing for 15 years.”
One of the things that’s so energizing for us as faculty is that the students come to us now with such wonderful depth and breadth of knowledge because cleantech has been around for so long. — C2M co-director Brian Steel.
A total of $70,000 in MetLife Climate Solution Awards was awarded to three startups, who were supported by three C2M teams. The three teams honored during the summit were:
ChemFinity Technologies, which produces high-performing, highly modular porous polymer materials, won $40,000. The team included Chris Burke, MBA 24; Ethan Pezoulas, PhD 26 (chemistry); Kosuke “Taka” Takaishi, MBA 24; Matt Witkin, MBA 24; Mingxin Jia, PhD 24 (mechanical engineering); and Peter Pang, MBA 24. (The team also received the annual Hasler Cleantech to Market Award, given to the audience favorite.)
The students worked with Brooklyn-based ChemFinity co-founders CEO Adam Uliana and CTO Ever Velasquez, both PhD 22 (chemical engineering). Uliana described the membrane filters the company built as “atomic catchers mitts that are designed to capture just one type of molecule and can be used to tackle water desalination or mineral recovery.”
Witkin, who worked in economic consulting on decarbonization projects before coming to Haas, said that he mentioned Cleantech to Market in his application essay, as “the perfect course where I could help these innovative climate companies find and scale their impact.”
“It was an honor working alongside Adam from ChemFinity and my C2M classmates as we considered how ChemFinity could apply and grow its impressive separation technology,” Witkin said.
REEgen, which works to reduce the environmental impact of rare Earth element production, which won $20,000.The team includedCarlos Vial, MBA 24; Francisco Aguilar Cisneros, MPP 24; Jeffrey Harris, MBA 24; Kelly McGonigle, MBA 24; Orion Cohen, PhD 24 (physical chemistry); and Sho Tatsuno, MBA 24 (MBA Exchange Program, Columbia Business School). The United States now imports more than 80% of its rare earth needs from China, said Alexa Schmitz, CEO of Ithaca, NY-based REEgen. REEgen is creating a new kind of rare Earth element production using bacteria to leach, recover, and purify rare Earth elements domestically.
Tyfast, a battery technology startup, which won $10,000. The team included Ankita Singh, EWMBA 24; Erik Better, MBA 24; Nicholas Landgraf, EWMBA 24; and Sterling Root, EWMBA 25. Tyfast builds high-performance lithium ion batteries “to make diesel engines obsolete in construction equipment,” said Tyfast CEO GJ la O’, BS 01, (materials science & engineering). San Mateo-based Tyfast uses a raw material that enables a new class of rechargeable battery, promising to deliver 10 times the power and cycle life with energy density exceeding commercial lithium iron phosphate (LFP) technology.
Steel said he’s grateful to all of those who support the program, in particular the C2M alumni who return to Haas to serve as coaches, mentors, judges, or speakers—or just to enjoy being a part of the audience.
This year’s event kicked off with speaker Ryan Hanley, C2M 10 and MBA 11, the founder and CEO of Equilibrium Energy, a 100-employee climate technology startup. Barbara Burger, MBA 94, energy director, advisor, and innovator, and former president of Chevron Technology Ventures, also joined a fireside chat with Harshita Mira Venkatesh, MBA 11, who participated in C2M in 2020 and is one of the first business fellows at Breakthrough Energy, founded by Bill Gates in 2015.
“It’s always gratifying to have alumni who were on stage last year come back to support this year’s teams,” Steel said. “People who have been coming to the summit for years appreciate that we keep raising the bar: that our students’ presentations keep getting better and better. It’s very rewarding to have that acknowledgement and appreciation.”
Ginny Whitelow, a director at MetLife, worked with the C2M program as a mentor. “These UC Berkeley students have been so amazing to partner with and have given me an added sense of purpose in my work at MetLife that goes beyond my day to day job,” she said.
Student-led startup teams tackling a diverse range of challenges—from carbon emissions to the use of AI in education—will come together to pitch this week at the University of California LAUNCH Accelerator’s Fall 2023 Demo Day.
The event, a chance for startups to pitch their ventures to a panel of judges, will be held Thursday, Nov. 30, at Spieker Forum in Chou Hall. All eight finalists will compete for up to $50,000 in non-dilutive funding.
“For the first time in UC LAUNCH history, seven of the eight finalists have at least one female co-founder,” she said. “We are super excited to celebrate them on Demo Day.”
Scaling a company
The UC LAUNCH program guides students through the steps of scaling a company using the lean methodology, with mentorship provided by experts in the field. All teams must include at least one current UC student, alum, or faculty member. More than 250 startups that have participated in the program have gone on to raise more than $1.4 billion collectively, according to UC LAUNCH organizers.
This year’s finalists include CarbonSustain, providing a way for companies to efficiently track and analyze carbon emissions.
Co-founder Paul Bryzek, MBA 24, said the team interviewed more than 85 potential customers, competitors, business owners, and subject matter experts while in UC LAUNCH. “Our interviews yielded 10 potential customers, three distinct customer target groups, an understanding of their willingness to pay, and gaps with the existing solutions,” he said. “We’re grateful for the mentorship from Rhonda Shrader and the UC LAUNCH volunteers who helped us to achieve product-market fit.”
Finalist Rumi’s platform helps schools integrate AI to enhance student learning through writing.
Co-founder Mohammad Hossein Ghasemzadeh, MIMS 16, said the team did extensive research in forming the startup and believes that AI will play a key role in the future of education. “We’ve talked with over 150 instructors across the country, and we’re very excited to share our story and provide some insights into what the future of AI in education will look like,” he said.
Eight finalists pitching
Other LAUNCH finalists include OmBiome, a regenerative health company creating algae-based products for oral and gut health; Rely, simplifying property management for landlords and offers renters a comprehensive real estate meta-search engine; Materri, a materials marketplace focused on sustainable materials for footwear and apparel; Insta Chef, which is providing nutritious, easy-to-prepare meals to senior living facilities; Essence Labs, an AI-powered platform optimizing work schedules for female employees based on hormonal cycles; and AidRx, providing custom AI charting solutions to ease the documentation burden for pharmacists and other non physician clinicians.
This Veterans Day, we asked some of the many veterans in our community to share their stories.
Phil Ickes didn’t come from a military family. But a desire to explore the world—and make it a safer place–drew him to join the U.S. Army.
Ickes, MBA 24, began his military career as an undergraduate in the ROTC program at the University of Pittsburgh. Between his junior and senior years, he studied Arabic in Jordan and volunteered at Syrian refugee camps, which he describes as a turning point.
“One weekend, I met a family that had been severely wounded by a car bomb while they were still living in Syria,” said Ickes, who grew up outside Pittsburgh. “Meeting that family made me feel compelled to do something about it.”
After graduating, Ickes joined the U.S Army, training in the Naval School Explosive Ordnance Disposal (EOD), a school jointly run by the Army, Navy, Air Force, and Marine Corps. Working as s a platoon leader, his team supported the U.S. Secret Service, protecting several presidents, vice presidents, and foreign dignitaries.
As an EOD operations manager, he later directed an operations cell that supported more than 600 soldiers in full-spectrum bomb disposal.
In 2021, Ickes traveled to Syria and Iraq as an EOD company commander. “That experience definitely left me feeling like I left the world better than I found it,” Ickes says. “The act of disarming bombs and rendering explosive devices safe and leaving communities overseas safer than I found them was definitely very rewarding.”
Working with robotics and machine learning in the military piqued his interest in tech, and drew him to apply to Haas, where he’s working toward a career in technical product management.
Last summer, he interned at San Mateo-based drone startup Skydio. He said he believes drones have the potential to benefit fields including law enforcement, infrastructure inspections, mapping, and commercial delivery.
“I like products that make people or businesses’ lives easier or more efficient,” he said. “Usually these products are at the intersection of software and hardware.”
On making the transition from military life to an MBA program, Ickes said he immediately found a collaborative spirit and welcoming environment at Haas.
“Everyone is ambitious yet laid back,” he says. “Nobody takes themselves too seriously.”
“Join the Navy, see the world”
Just after turning 30, while working as an accountant in Santa Barbara, Emily Hawkins decided she wanted something more in life.
“It was a great job, but it kind of felt like I was lacking purpose, and it was at that time in your life where your friends are settling down and having families,” said Hawkins, MBA 24.
She’d always been interested in the military and, after some research and inspired by the slogan “join the Navy, see the world,” she decided to enlist.
“My plan was to enlist for one term, which is four years, learn some new skills, have an adventure, be part of something bigger than what I had been doing, and then return to what I thought of as my normal life,” Hawkins said.
Adventure is what she got. Hawkins went straight from boot camp to an aircraft carrier and a seven-month deployment off the coast of Japan in 2010 and 2011.
Hawkins and her team were called in to help with the Fukushima nuclear accident in 2011. “I had a chance to participate in the humanitarian operation, and it was amazing, and it kind of broadened my perspective of what a career in the military could be, and I was hooked,” Hawkins says. “And that was about 14 years ago.”
Hawkins is still serving in the Navy while earning her MBA, but her role has shifted from working on an aircraft carrier to serving as an officer in supply, logistics, and financial management.
While she was accepted to three MBA programs, she chose Haas due to the support of the school’s Veterans Club. “They were by far the most engaged in terms of helping you with your resume, reviewing your essays, talking to you pre- and post-interview,” Hawkins says. “They were so engaged and so supportive that I knew there would be a good community for me.”
Veterans Day, for Hawkins, is a time to reflect. “It’s a time to think about how we as a society view military veterans and the programs we provide for them in terms of education, transition programs, and medical care.”
When Yvonne Mondragón finished the Berkeley Haas undergraduate program in 2016, she worked for seven years in finance, planning a long-term career in investment banking.
“I knew I wanted to come back to school in order to pivot into investment banking and work in banking at the highest level,” she said.
Mondragón, MBA 25, is now well on her way, as one of 11 first-year full-time Haas MBA students named among Haas’ 2023 Finance Fellows.
As fellows, the students receive a scholarship award and are assigned mentors—Haas alumni working in finance, including recent graduates and senior executives.
The 2023 fellows include:
Mondragón, for the C&J White Fellowship in Finance.
Isabella Fantini, Renzo Viale Paiva, Marya Unwala, and Martin Lima for entrepreneurial finance.
Venky Vuppalapati, Gauri Deshpande, Hector Alamillo, and Erik Swisher for investment banking.
Daniel Espinoza Birman and Rogério Rios for private equity and investment management.
About 45% of these new fellows are international, reflecting the percentage of the overall MBA class, said William Rindfuss, managing director for Strategic Programs with the Haas Finance Group. Several of the students bring work experience in different finance sectors from their home countries, and are looking to pivot to larger sectors in the U.S.
Vuppalapati, who is from India, said he’s drawn to the excitement of technology investment banking, and closely tracks how world events, the day’s news, and government policy impact financial markets.
“When I think of investment banking, I also think about how much any one deal can impact different people and different industries,” he said. “Tech has the largest impact, so it feels like a great fit.”
Rios, originally from Brazil, said he’s fascinated by innovation in health care, which led him to pursue a MBA/MPH degree.
“Innovation and technology are going to shape the future, and I want to be in a place that would not only give me an opportunity to be close to financial markets but also provide a solid understanding of how business and tech intersect with health care.”
Inspired by the four Berkeley Haas Defining Leadership Principles—Question the Status Quo; Confidence Without Attitude; Students Always; and Beyond Yourself—Rios added that he is seeking to make an impact on the world and give back to his family.
“I’m a first-generation student, so a lot of my efforts are in the spirit of giving back to them and to my community,” he said.
Mondragón, who is also a first-generation college student, said she hopes to serve as a role model.
“Having someone who looks like me in the finance space is so important,” she said. “I have the lived experience of someone who did not benefit from this space. I grew up not having much access to any of the knowledge that I have now.”
Fantini said she is coupling passions for both technology and venture capital at Haas—and adding a lifelong interest in the food supply chain.
“Haas has such an amazing focus on sustainability and food,” Fantini said. “I knew I could stay connected to Silicon Valley, stay connected to venture, and get even more connected to food resources by coming here for an MBA.”
It’s lunchtime on a recent Saturday and Melissa Little and a group of fellow Berkeley Haas Evening & Weekend MBA students are scooping gluten-free noodles, free-range chicken, and organic salad into large pans after lunch.
“We only have a few minutes to load the last of the bowls before class starts,” said Little, EWMBA 24, an energy consultant who most recently worked as a strategic energy partnerships manager at Google. She and her classmates rush carts of food down the Chou Hall elevators and load up a hatchback whose driver is waiting at the curb.
The group has completed this mad dash since October 2022, when Little kicked off a program to donate hundreds of pounds of the cohort’s uneaten lunch food to the Dorothy Day House in downtown Berkeley, which shelters and services homeless and low-income people in the area.
For Little, the program is a long-awaited feat.
During her first few Saturdays in the EWMBA program, she discovered that most of the leftover lunch food for her Saturday cohort was thrown out— from boxed lunches to trays of turkey meatballs to chocolate chip cookies.
“It drove me crazy for the rest of the school year,” Little said. “I live in Berkeley and ride my bike here past unhoused people who could be eating this.”
Little worked with Kelly McCartney, a coordinator with campus’s Bancroft Catering, to figure out how she could donate the extra food. While McCartney was eager to help, Little didn’t yet have a partner to pick up the food and make her plan work—until she started a class called Design Thinking, taught by Lecturer Dave Rochlin.
In the class, her breakout group focused on the social sector and chose to address the needs of the unhoused. Little, a member of the Haas Sustainability Task Force, was on a mission to figure out how to donate the cohort’s food to a nonprofit in Berkeley.
Rochlin’s class recommends starting with user-centered research, including on-site visits, which led Little to Dorothy Day, where she met with Executive Director Robbi Montoya.
They talked for an hour straight, discussing the complex needs of the unhoused community and, eventually, how to make a food rescue plan work. Montoya agreed to transport the extra lunches to Dorothy Day every week if Little could meet a driver to get the food to the curb, and help load it.
Andrea Carroll, a cook at Dorothy Day, now transports the food from Haas and helps figure out how to best use it to build between 100-200 dinners that night. “The fact that we don’t have to dip into our storeroom to put out delicious meals is a huge boon to our residents and the folks we provide meals to out of our back door,” she said. “It’s such a good variety of lovely, fresh food that’s really healthy.”
Little recruited classmates, including Kevin Cheng, also EWMBA 24, to help her collect and load the food each week. To stay organized, she designed a logistics system to log communication with the Dorothy Day House volunteers and map out routes from Chou Hall to downtown, even on Cal football days.
A year later, Little and Cheng continue to volunteer together every Saturday. Cheng, who had volunteered with the Berkeley Food and Housing Project as a Cal undergraduate, said he enjoys serving hot meals to the community. So when he learned about Little’s project, he wanted to help give back, as well as use what he’s learned about problem-solving at Haas. “It’s a way to create opportunities for reducing waste and redirect food for good,” he said.
Rochlin said he was thrilled to learn about the successful outcome of an enterprise that had launched in his class. “This is what we hope to see,” he said. “Haas is at its best when the students take what they learn in the classroom and apply it outside in the world —and it’s even better when they create impact for populations in need. It’s a perfect example of Beyond Yourself.”
Haas is at its best when the students take what they learn in the classroom and apply it outside in the world. —Lecturer Dave Rochlin
Little is now working with Danner Doud-Martin, director of Haas Campus Sustainability, to make food rescuing a permanent student role within the Haas Sustainability Task Force. Their goal is to ensure that Little’s work with Dorothy Day will continue after she graduates.
Doud-Martin and Little are also looking to grow the program so that food in other Haas programs won’t go to waste. “The work that Melissa has done this past year on behalf of Haas and the EWMBA program with the Dorothy Day House is nothing less than extraordinary,” Doud-Martin said.
“This is a fantastic partnership,” Carroll said. “We’re saving this food by providing it to people.”