Michigan Tech’s Student Government asks the students of SBE:
“What would Goldman Sachs do?”
The Undergraduate Student Government (USG) is currently exploring an idea to engage students interested in the application of business and economics. The idea is to create a kind of student consultancy that can assist the USG Executive Team in the strategic management and investment of the Student Activity Fee (SAF) accounts, which total more than $800k annually.
Part of the USG’s mission is to support all student organizations. To do that, USG uses the SAF money to fund orgs and initiatives for the benefit of all students. The overall vision of this role is to provide financial resources so that the student orgs can help Tech to graduate students ready to “create the future”.
USG’s Challenge: The goal of graduating students ready to “create the future” is difficult to optimize because it is not inherently empirical. There are few metrics in use to tell USG which potential investments are most valuable, or to measure the success of investments. Therefore, USG hopes students can answer the following questions:
- What critical results does USG need to deliver when investing the SAF funds?
- What processes/metrics can we use to prioritize investment to deliver those results?
- What metrics can we use to monitor the success of an org and/or new initiative?
By providing this open ended challenge, USG hopes students can apply their training to create resume experiences in line with their professional goals. In doing so, these students can build a network of motivated partners inside and outside the university, and leave a lasting impact on the entire Michigan Tech community.
Please contact Kyle Johnston with questions or interest.