Purdue University

Krannert School of Management

RECRUITMENT AND SCHOLARSHIPS/FELLOWSHIPS

What programs and initiatives has your school found successful in the recruitment of minority and/or female students?
Since the 1970s, the Krannert School has used the Business Opportunity Program (BOP) to recruit underrepresented students. Dr. Cornell Bell served
as the BOP director for more than three decades until his retirement, and he served as a mentor and father figure to hundreds of graduate and
undergraduate students. Krannert participates in Purdue’s program to bring students from Historically Black Colleges and Universities to campus. The
school also participates annually in the Indiana Black Expo in Indianapolis. The Krannert School takes part in World MBA Tour events in locations
around the globe.

Krannert is a partner in the MBA Prep program for Management Leadership for Tomorrow and annually hosts both a diversity weekend and “Find Your
Future,” an outreach program for women in the sciences, engineering and technology.

The Krannert School also works with other colleges on the Purdue campus to encourage female students in engineering and science to enroll in the
MBA program.

The Krannert School participated in the Purdue Black Alumni Organization’s Business and Leadership Summit in Chicago. The summit provided
Purdue alumni the opportunity to learn from top business professionals and to increase their social network.

Krannert regularly participates in conferences, graduate fairs and career fairs with organizations such as the National Society of Black Engineers,
National Society of Hispanic MBAs, Society of Women Engineers, National Black MBA Association and Society of Hispanic Engineers.

Please describe any scholarship and/or fellowship opportunities for minority and/or female students attending your school.
Merit-based awards are available to all students. Such awards range from cash scholarships of $3,000 to scholarships and graduate assistantship
packages that can cover a student’s entire cost of tuition, fees and books for two years.

PROMINENT ALUMNI/FACULTY
Please provide information about prominent minority faculty members at your school.
Carol Anilowski, assistant professor of management
Carol Anliowski is an assistant professor of management in the accounting area. Her teaching and research interests include capital markets,
managers’ incentives and behaviors, financial accounting and financial statement analysis.

Professor Anilowski received an American Institute of Certified Public Accountants (AICPA) Doctoral Fellowship while earning her PhD at the University
of Michigan. She also received a Minority Doctoral Fellowship, a KPMG Foundation Doctoral Fellowship, a William A. Paton Fellowship, a Rackham
Merit Fellowship and the Dr. and Mrs. Gilbert Whitaker Scholarship. She is a member of AICPA and the American Accounting Association.

Professor Anilowksi, who earned her bachelor’s degree in accounting from Central Connecticut State University, previously was a trust officer and
manager of the estate tax and accounting department at Shawmut National Bank in Hartford, Connecticut, and assistant controller for Dinex
International in Glastonbury, Conn.

Roy Dejoie, lecturer of management information systems

Roy Dejoie is a continuous term lecturer in the management information systems area. He is the 2005 recipient of the Purdue University Class of 1922
Award for Outstanding Innovation in Helping Students Learn. His teaching duties include database management systems, systems analysis and design
and introduction to management computing (taught in the Business Opportunity Program).

He also served as a member of the Discovery Park Strategic Planning Committee for Purdue University. His previous research interests have included
information technology and social/ethical/legal issues, group support systems and collaborative technologies. He has served as co-author or contributor
to three books.

Prior to arriving at Krannert, Dr. Dejoie worked in the consulting industry. He also served on the MIS faculty at the University of Oklahoma. He earned
his bachelor’s, master’s and doctoral degrees from Texas A&M University. He was recognized for his teaching excellence with Texas A&M’s
Distinguished Graduate Assistant Teaching Award and a General Electric Teaching Incentive Grant.

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Please provide information about prominent minority alumni from your school.
Randall Lewis, BS 1984, MBA 1989, executive vice president and chief compliance officer, WellPoint, Inc.
Randall Lewis is executive vice president, internal audit and chief compliance officer for WellPoint, Inc. Areas reporting to Mr. Lewis include internal
audit and ethics and compliance. Mr. Lewis joined Anthem in July 2003.

Before joining the company, he served six years at Wells Fargo and Co. as managing director of corporate development and as executive vice president
and chief auditor. Prior to Wells Fargo, Mr. Lewis worked 12 years for GE in a variety of finance and operations roles primarily in the company’s financial
services subsidiary, GE Capital.

Mr. Lewis currently serves on the boards of directors of Purdue Research Foundation, the Indiana Repertory Theatre, the Greater Indianapolis Chamber
of Commerce, the Charles A. Tindley Accelerated School and the Indiana Black Expo. He is also an audit committee member of the Blue Cross Blue
and Shield Association and a member of the Krannert School Dean’s Advisory Council.

Mr. Lewis earned a BS in accounting and an MBA in finance from Purdue University.

Kelvin Pennington, BSIM 1980, managing principal, Pennington Partners & Co.
Kelvin Pennington is the managing principal of Pennington Partners & Co. and has been a general partner of PENMAN Asset Management, L.P., the
general partner for the PENMAN Fund since 1991. From 1982 to 1990, Mr. Pennington worked for Prudential Capital Corporation (PCC), from which
he resigned as a vice president of corporate finance in 1990.

While at PCC, his responsibilities included all aspects of originating, structuring, negotiating, managing and ultimately selling investments in middle-
market leveraged buyouts, as well as making private placements of corporate debt. From 1985 to 1989, Mr. Pennington invested more than $577
million in a variety of transactions, including nine leveraged buyouts totaling $157 million of equity and mezzanine capital.

Mr. Pennington received a bachelor’s degree in management from Purdue University and an MBA from the University of Chicago, Booth School of
Business.

Vicky Bailey, BSIM, president, Anderson Stratton International, LLC

Vicky Bailey has been president of Anderson Stratton International, LLC, a strategic consulting and government relations company in Washington, D.C.,
since November 2005. She was a partner with Johnston & Associates, LLC, a public relations firm in Washington, D.C., from March 2004 through
October 2005.

Prior to joining Johnston & Associates, LLC, Ms. Bailey served as assistant secretary for the office of policy and international affairs from 2001 through
February 2004. From 2000 until May 2001, she was president and a director of PSI Energy, Inc, the Indiana electric utility subsidiary of Cinergy Corp.
Prior to that time, Ms. Bailey was a commissioner on the Federal Energy Regulatory Commission beginning in 1993.

Ms. Bailey is also a director of Equitable Resources, Inc., and Cheniere Energy, Inc. She received a bachelor’s degree in industrial management from
Purdue University.

Please provide information about prominent female faculty members at your school.
Diane Denis, Duke Realty Endowed Chair in Finance
Diane Denis is the Duke Realty Endowed Chair in Finance at the Krannert School. Her teaching interests include corporate finance, mergers and
acquisitions and international finance.

She is a fellow of Purdue University’s Teaching Academy and also teaches a university honors program course on the Modern Corporation in Society.
Her research areas include corporate governance, corporate diversification strategy and mergers and acquisitions. Prior to joining the Krannert faculty
in 1995, Professor Denis was on the faculty of Virginia Polytechnic Institute and State University. Professor Denis is an associate editor of the Journal
of Corporate Finance, the Review of Financial Economics, the Journal of Financial Research and the Financial Review.

She is a member of the American Finance Association, the Western Finance Association and the Financial Management Association.

Charlene Sullivan, associate professor of management

Charlene Sullivan is an associate professor of management in the finance area. She joined the Krannert faculty in 1978. Her main teaching interests
are corporate financial management, financial institutions and markets, and financial and managerial accounting.

She was honored in the 1993-1994 and 1987-1988 school years with the Outstanding Undergraduate Teacher Award, and in fall 1993 she received
the Most Effective Master’s Program Teacher Award, all from within the Krannert School. In the 1988-1989 academic year, she received the Purdue
University Outstanding Undergraduate Teaching Award. She is a two-time winner of the Salgo-Noren Award and received a Teaching for Tomorrow
Award from Purdue.

Her current research interests are personal bankruptcy, the evolution of cost management systems in manufacturing firms and capital budgeting
processes. Professor Sullivan serves on the board of directors of the Federal Reserve Bank of Chicago. She has authored numerous publications
dealing with credit quality, tax reform, deregulation, credit cards and the structure of consumer credit markets.

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Susan Watts, professor of management

Susan Watts is a full professor of management in the accounting area. Her research focuses on the effect of information and competition in markets.
She teaches both financial and managerial accounting as well as doctoral seminars in research methods and capital markets.

Professor Watts was named a Purdue University Faculty Scholar in 2002 and a Krannert Faculty Fellow in 1999. She has also won numerous teaching
awards at both the university and school levels, including the Purdue University Charles B. Murphy Outstanding Teaching Award in 2004, Excellence
in Undergraduate Teaching Award in 2006 and the 1999, 2000 and 2003 Best Teacher Awards in the School of Management at Purdue University.
She was named to the Teaching Academy at Purdue in 2002.

Prior to joining the Krannert faculty in 1997, she taught at Indiana University and the University of British Columbia and was an accountant with Brown
Group, Inc., in St. Louis. She is a member of the American Accounting Association, the Canadian Academic Accounting Association, the American
Finance Association, the Financial Management Association and the Economic Science Association.

Please provide information about prominent alumnae from your school.

Marge Magner, MSIA 1974, PhD 2005, general partner and cofounder, Brysam Global Partners
One of the most powerful women in financial services, Marge Magner enjoyed a distinguished career at Citibank for 19 years, rising to become a
member of Citigroup’s Management Committee, chair of the Global Consumer Planning Group and chairwoman of the Citigroup Foundation. In 2005,
Ms. Magner announced her intention to step down from her Citigroup position to focus on the academic world and philanthropy. In early 2007, she
and Robert Willumstad, former chief operating officer at Citibank, announced the formation of Brysam Global Partners, a private equity firm that focuses
on consumer opportunities in emerging markets where Ms. Magner is general partner.

She holds an MSIA and an honorary doctorate from Purdue’s Krannert School, where she currently serves as a member of the dean’s advisory council.
Having also served on a number of boards devoted to women’s and children’s issues, Ms. Magner is a tireless advocate for financial education, diversity
and community involvement.

She has been internationally recognized for her business accomplishments. She was ranked by Fortune magazine No. 5 on the list of “Most Powerful
Women in Business.” The Wall Street Journal included her among the “50 Women to Watch.” Forbes magazine ranked her No. 19 on the list of
“World’s Most Powerful Women” and U.S. Banker placed her No. 1 on the list of the “Most Powerful Women in Banking.”

Susan Butler, BSIM 1965, PhD 1999, chief executive officer, Susan Bulkeley Butler Institute for the Development of Women Leaders
Susan Butler is CEO of the Susan Bulkeley Butler Institute for the Development of Women Leaders and author of Become the CEO of You, Inc.: A
Pioneering Executive Shares Her Secrets for Career Success. She also serves as a member of the Purdue board of trustees.

Prior to founding the institute, Ms. Butler established herself as an accomplished business leader who shaped her career at Accenture, the world’s
leading management consulting, technology services and outsourcing organization. She joined Arthur Andersen & Co. as its first professional female
employee in 1965, and 14 years later, was named the first female partner of its consulting organization, Andersen Consulting, now known as Accenture.
Before her retirement in 2002, Ms. Butler was the managing partner for Accenture’s office of the CEO for Chairman and CEO Joe W. Forehand.

She holds a bachelor’s degree in industrial management and an honorary doctorate in management from Purdue University. She funded the Susan
Bulkeley Butler Chair in Operations Management at Purdue’s Krannert School and has also endowed scholarships and awards for outstanding students
at Purdue and Simmons College. She has received the Sagamore of the Wabash Award, the highest honor bestowed by the governor of Indiana for
distinguished service to the state. Upside magazine named her to its list of “The 50 Most Remarkable Women in Technology” who have moved the
industry “beyond the glass-ceiling cliché.”

Beth Brooke, BS 1981, global vice chair of strategy, communications and regulatory affairs, Ernst & Young
Beth Brooke is global vice chair of strategy, communications and regulatory affairs of Ernst & Young. Ms. Brooke is also a member of the firm’s Global
Practice Management Group and its Americas executive board.

Through her outreach, Ms. Brooke has become one of the profession’s most prominent voices in the public policy arena. She has been recognized
by Forbes as one of “The World’s 100 Most Powerful Women” and by Accounting Today as one of the “Top 100 Most Influential People in Accounting.”

Her policy expertise has enabled her to make strong contributions to the government sector as well. During the Clinton Administration, she worked in
the U.S. Department of the Treasury, where she was responsible for all tax policy matters related to insurance and managed care. She played important
roles in the health care and Superfund policy reform efforts. Prior to her current role at Ernst & Young, Ms. Brooke was national director of tax advisory
services in Washington, D.C., and previous to that, was in the firm’s Indianapolis office.

Ms. Brooke is a member of the inaugural class of the Henry Crown Fellows of The Aspen Institute and a member of the Committee of 200. She is the
recipient of numerous awards, most recently the University of Michigan’s 2006-2007 Women in Leadership Award.

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CURRICULUM AND RESEARCH

Please provide information on any classes and concentrations that focus on issues related to women or minorities.
The Leadership and Ethics series for first-year master’s students includes speakers and workshops focusing on the value and opportunities of
workplace diversity.

Some elective classes also deal with diversity, including:

International Marketing: Dealing with Cultural Diversity

Cultural diversity is the major European challenge—trade barriers have disappeared, cultural barriers have not. Therefore, companies willing to expand
in Europe need to observe and understand the dominant cultural traits for each region and perceive the main differences that should be considered
for the design of a marketing plan. One needs to adapt all the components of the marketing mix: product design, communication and distribution.

This course comprises two parts. In part one, the focus is placed on European cultural traits to provide the participants with a better understanding
of consumer behavior and values, as well as business attitudes in the region. In part two, a series of case studies is presented and discussed to analyze
marketing strategies implemented in Europe in order to identify success factors. The course includes visits to Europe.

Power, Politics and Hidden Agendas

This seminar course is designed to better prepare students for the reality of working life through a study of power, politics and prejudice in the
workplace. It discusses means to respond to such forces, informal organizational relationships, personal attitudes and behaviors, the link between
personal and organizational success, career management techniques and contemporary organizational behavior issues.

Please describe any faculty and/or student research projects that focus on diversity, multiculturalism and minority issues.
Professor Greg Hundley’s interests include human resource management, compensation and reward, international human resource management and
entrepreneurship. His current areas of research include strategic human resource management, self-employment and international compensation.

Dr. Carol Jacobson’s teaching areas include strategic management, global strategy, international management, industry and competitive analysis and
organization theory. She has conducted research on the sociopolitical and institutional environment of strategic management, the role of inter-
organizational relationships in global strategic positioning and the effect of top management teams on the framing of issues.

Please describe any symposiums or special lectures that focus on diversity and minority issues organized and/or sponsored by your school.
Purdue Series on Corporate Citizenship and Ethics
The Purdue Series on Corporate Citizenship and Ethics is a unique collaboration between Purdue’s College of Education and the Krannert School of
Management. Speakers chosen from a variety of disciplines investigate various aspects of business ethics and the role citizens play in corporate ethics,
providing a well-rounded overview of the effects of corporate ethics upon business, the economy and society as a whole.

ORGANIZATIONS AND STUDENT LIFE

Please provide information on your school diversity student and alumni organizations.
Krannert Graduate Society of Black Managers (KGSBM)
www.krannert.purdue.edu/clubs/kgsbm
KSGBM is a professional organization that provides a forum for the discussion of issues affecting Black management students. The objectives of the
organization include promoting academic excellence, fostering professional and career development, sponsoring and supporting networking events and
maintaining and cultivating alumni relations.

Krannert Hispanic Business Student Association (KHBSA)

www.krannert.purdue.edu/clubs/khbsa
KHBSA represents and furthers the development of Krannert students of Hispanic origin and/or those with interests in the region and culture.

National Association of Women MBAs (NAWMBA)

www.krannert.purdue.edu/clubs/gwib
NAWMBA provides opportunities for increased visibility for its members and their professional endeavors, provides networking opportunities with
professionals committed to the development of women’s roles in business, and sponsors social activities that will enrich life at Krannert.

Asian Business Club (ABC)

www.krannert.purdue.edu/clubs/abc
ABC is devoted to add value to all members and promote their experiences in Krannert by providing opportunities to enhance business professionalism
and communication skills through ABC’s activities, explore career opportunities and build Asian/Pacific-area networks.

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Krannert Chinese Business Association (KCBA)

www.krannert.purdue.edu/clubs/kcba
KCBA is an organization for all Chinese students who are pursuing professional degrees at Purdue University’s Krannert School of Management. Its
mission is to represent the interest of all members who share the same origin, and help new members get oriented to the new study and life
environment at Purdue and Krannert. It also seeks to promote social networking among the Chinese community, and to enhance members’ learning
experiences at Krannert and career exploration through various events and activities.

Society of Minority Managers (SMM)

www.krannert.purdue.edu/clubs/smm
SMM serves the broad educational needs of minority students at the Krannert School by establishing lines of communication between minority business
students, business professionals and the business employment market. It promotes professional and academic excellence among minority business
students, develops cooperative ventures with local affiliates and assists the Krannert School in the recruitment of minority students.

Please also provide information on any programs, including on-campus and universitywide programs in which MBA students participate that focus on
issues related to women or minorities.
Black Cultural Center (BCC)
www.purdue.edu/bcc
Established in 1969, Purdue’s Black Cultural Center (BCC) is nationally recognized as one of the best centers of its kind. The BCC provides purposeful,
holistic, scholarly and cocurricular programming designed to strengthen understanding of African-American heritage. It supports and enhances
cultural diversity on campus and in the community.

Latino Cultural Center (LCC)

www.purdue.edu/lcc
Purdue’s Latino Cultural Center serves as a resource to Latinos/as to celebrate and enhance understanding of the Latino culture through history,
accomplishments, growth and empowerment. The LCC serves the entire student body, faculty/staff, alumni and friends to share, educate and promote
Latino/a culture.

Diversity resource office

www.purdue.edu/humanrel/dro
The diversity resource office encourages, develops, administers and assesses programs and activities that foster a climate within Purdue that celebrates
the diversity of all members of the university community. It provides advocacy and support for individuals from racial, ethnic, religious and social groups
that have been historically underrepresented in institutions of higher education. It also conducts diversity forums for the campus population.

Please provide information on any institutes and/or related programs that focus on diversity.
Purdue’s African-American Studies and Research Center
www.cla.purdue.edu/african-american
The African-American Studies and Research Center is an interdisciplinary program focusing on the experience of African-Americans.

Purdue’s Confucius Institute

www.cfs.purdue.edu/china/cip
The Confucius Institute promotes Chinese programs and study of China, and initiates and fosters Chinese language and cultural programs to serve the
university and community.

The DiversiKey Certificate Program

www.purdue.edu/diversikey
DiversiKey is a student-driven program designed to provide Purdue students with experience and growth in diversity and leadership.

Purdue also has an office of programs for study abroad and an office of international orograms.

Please describe any off-campus resources, activities, programs and/or organizations that may be of interest to minority or female students.
International Center of West Lafayette
www.intlctr.org
The International Center of West Lafayette is an independent nonprofit community organization governed by a volunteer board of directors. Its mission
is to assist international residents and to foster cross-cultural knowledge and understanding.

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CAREER OPPORTUNITIES
Please describe any diversity recruiting events for employers recruiting minority and/or female students at or near your school.
The Krannert School sponsors students to attend the National Black MBA Association Conference and the National Society of Hispanic MBA
Conference.

STRATEGIC PLAN AND LEADERSHIP

Please provide your school’s diversity mission statement.
One of the seven goal statements in the Krannert School’s strategic plan is “Establish and maintain initiatives that will promote diversity, and create an
awareness and appreciation of differences for both our internal and external stakeholders.”

How does your school’s leadership communicate the importance of diversity to your student body, faculty and administration?
Darren Henry is the director of diversity initiatives at the Krannert School. He is responsible for assisting with the recruitment of both undergraduate
and graduate underrepresented students as well as with the ongoing initiative in the recruitment and success of underrepresented staff and faculty.
Darren also identifies and directs diversity initiatives in alignment with the Krannert School’s mission. Darren works with the Business Opportunity
Program Advisory Board, a collection of distinguished Krannert School alumni.

Diversity initiatives are communicated through Krannert Magazine, the Krannert School annual report and emails to key Krannert stakeholders.

Please provide any additional information regarding your school’s diversity initiatives that you wish to share.
The website for Krannert’s Business Opportunity Program is: www.krannert.purdue.edu/centers/bop.

DEMOGRAPHIC INFORMATION
Please describe the demographics of your most recent entering class.
Percentage of female students: 27 percent

Percentage of minority students:

White/Caucasian: 33 percent
African-American/Black: 6 percent
Asian: 13 percent
Multiracial: 3 percent

Average age of students: 27

Please describe the geographic diversity of your most recent entering class.
Percentage of U.S. citizens and permanent residents: 54 percent

Percentage of in-state and out-of-state students: In-state: 35 percent; Out-of-state: 65 percent

Distribution of students from different U.S. regions:

Mid-Atlantic: 8 percent
Midwest: 59 percent
Northeast: 7 percent
South: 5 percent
Southwest: 7 percent
West: 11 percent
U.S. citizens living abroad: 3 percent

Please describe the selectivity of your school for the most recent application cycle.
Number of applicants: 1,246

Number of admits: 448

Number of matriculants (all master’s programs): 212

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Please describe the academic and employment backgrounds of your most recent entering class.
Average years of pre-MBA work experience: Four

Percentage of students who studied different undergraduate disciplines:

Humanities and social sciences: 12 percent

Science: 7 percent
Business/commerce: 27 percent
Other major/field of study (including economics, engineering, information and computer sciences and technology): 54 percent

Please provide student employment information for the most recent graduating class.
Average starting base salary: $83,614

Average starting bonus: $15,917 (81 percent received bonuses)

Percentage of students entering different industries:

Consulting: 3.7 percent

Consumer products: 9.8 percent
Financial services: 14.6 percent
Manufacturing: 31.6 percent
Media/entertainment: 1.2 percent
Nonprofit: 3.7 percent
Petroleum/energy: 4.9 percent
Pharmaceutical/biotechnology/health care products: 7.3 percent
Real estate: 1.2 percent
Technology: 17.1 percent
Other: 4.9 percent

Percentage of students working in different functions:

Consulting: 7.4 percent

Finance/accounting: 27.2 percent
General management: 11 percent
Human resources: 2.5 percent
Marketing/sales: 14.8 percent
Information technology: 7.4 percent
Operations/logistics: 27.2 percent
Other: 2.5 percent

Major recruiting companies:

Air Products & Chemicals

Bank of America
Cummins
Dell
Deloitte Consulting
Emerson
General Mills
Humana
IBM
Intel
Johnson & Johnson
JP Morgan Chase
Procter & Gamble
Raytheon
United Technologies

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