Future Leaders Initiative brochure by UCI Paul Merage School of Business

Future Leaders 4 4Initiative Creating opportunities. Transforming lives.

Message From the Dean Creating a Sustainable Future “Student success is built through learning and mentorship that embraces diverse backgrounds. The Paul Merage School of Business focuses on this core theme: to provide opportunities that enhance the social and economic well-being of our students’ diverse communities. This can only be done by harnessing technology and attracting innovative researchers and top international faculty, in partnership with leading global and local businesses.”

Dr. Ian O. Williamson Dean

The Challenges in Orange County The Underprivileged Dilemma According to 2019-21 reports, 79% of OC community college students are from underprivileged backgrounds such as first generation, economically disadvantaged, and Foster Youth. OC High School students echo a similar demographic with over 64% being from economically disadvantaged communities.

79%

64%

OC Community College Students

OC High School Students

Research shows that low financial literacy threatens the future prosperity of Americans, especially those from underserved communities.

4/7

76%

Americans are financially illiterate today

Of millennials don’t grasp basic financial topics

-27%

Immigrant status lowers financial literacy scores by 27%

Come from underprivileged or economically disadvantaged communities.

The Technology Gap Black and Latinx communities represent 32% of the USA population but 15% of high technology professionals and only 5% of all high technology executives. Also, Asian Americans are 12% of the professional workforce while making up only 5.6% of the U.S. population. Goldman Sachs reported that 27% of its U.S. professional workforce was Asian American, but only 11% of its U.S. executives and senior managers, and none of its executive officers were.

32% 15% 5% Black & LatinX population in the U.S.

Of High-Tech Jobs are occupied by Black & LatinX leaders

Of High-Tech Executives are Black or LatinX leaders

The Path Forward Transforming Our Future Today The Merage School Future Leaders Initiative (FLI) guides, inspires, and empowers high school and community college students from Southern California’s underserved communities. A community outreach and certificate program consisting of remote and in person courses, FLI focuses on delivering a tailored business education, providing access to financial literacy courses, with the goal of encouraging university enrollment, increasing college readiness and preparing students for careers at the intersection of business, technology and entrepreneurship. The Future Leaders Initiative leverages UCI’s state-of-the-art educational resources, the expertise of globally renowned faculty, and leading-edge curricula to offer hands-on mentorship and professional training in these crucial academic areas.

Future Leaders 4 4Initiative Creating opportunities. Transforming lives.

Our Vision With a focus on inclusive excellence, FLI’s mission is to expand and diversify the pipeline of talented leaders, innovators, and entrepreneurs in Southern California by investing in today’s brilliant students. The program will expose students to careers at the intersection between technology and business while also providing them with the necessary personal and financial skills needed to thrive in a digitally driven work environment. As such, the program aims to address the underrepresentation of certain communities in the business sector by preparing students to attend a four-year university and successfully graduate with a degree in Business.

“To expand & diversify the pipeline of talented leaders, innovators, and entrepreneurs in Southern California.”

“Build a robust pipeline of diverse talent to be included in today’s digitally driven world.”

Our Goal Our goal is to partner with philanthropists, donors, community members, academics, and alumni to raise funds in support of deserving, motivated, and brilliant students from underserved backgrounds. With your help, we will train the next generation of leaders, entrepreneurs, and innovators who will leverage business and technology to create the new products, services and organizations that enhance the economic and social well-being of their communities.

Our Mission Technology based businesses have been a key driver of economic and social well-being globally. However, evidence clearly shows that not all communities have been able to receive benefits from this sector, in part due to low participation. Our vision is a robust pipeline of diverse talent participating in all aspects of the technology-based business ecosystem. FLI provides underserved students exposure to business career options and early college preparation, thus creating an essential foundation for this pipeline. FLI is rooted in the idea that college preparation begins in high school, and we are building an inclusive culture that breaks down barriers to higher education and successful careers in business.

Philanthropists Donors Academics Alumni

Future Leaders 4 4Initiative

Creating opportunities. Transforming lives.

Students Parents

Orange County

Families Corporates Community Members

Catalyst for change & transformation

Impacting individuals & families

Impacting our regional ecosystem

Program Overview Future Leaders Initiative

Cultivating Future Leadership for a Digitally Driven World.

Academic studies emphasize how low financial literacy threatens the future prosperity of many Americans – especially those from underserved communities. The Merage School underscores access to financial and business curriculum essential to long-term success for these students and their families. As a result, the Future Leaders Initiative will highlight financial literacy, and the technological business careers these families can harness to support their communities and propel the economy forward. Core objectives for this program include: 1. Build awareness around the importance of financial & tech literacy 2. Recruit, engage, and develop underprivileged students 3. Provide on-going support through expert mentoring & scholarships

High School Track

2 Months

Phase 01 Pre-Program

Pre-Program

Program Design & Development

Community Engagement & Recruitment

8-Weeks

+ + + + + + + + + + +

Program Structure Communication Strategy Program Positioning Implementation Planning Materials Development Student Selection Criteria Resource Management Stakeholder Engagement Network Confirmations Team Setup Office Setup

Orientation & Business Fundamentals Virtual

Sophomore Year: Spring

+ + + + + + + + + +

Community Engagement Social Media Campaign Family Town Halls Influencer Engagement Student Recruitment Research & Data Setup Socio-Economic Data Hope Index Survey KPI Markers OKR Markers

For Students + Apply for FLI Fellowship + Orientation + Business Prep Modules + Public Speaking + Presentation Skills + Self-Branding + Networking + Job Hunting

For Parents + Orientation + Business Prep Modules + Executive Education + Business Exploration + Parental Involvement for Student Success

Phase 02

Phase 03

Phase 04

Phase 05

Phase 06

LIFEvest Residential & Business Certificate On-Campus

Mentorship & College Preparation Virtual

College Application Virtual

Student Success Coaching & FLI Scholarship Opportunities Virtual

Career Coaching & Alumni Engagement Virtual

Sophomore Year: Summer

Junior Year

Senior Year

2- or 4-Year College

Post-College

For Students + LIFEvest Residential (1 week) + Business Certificate Track (5 Saturdays): + Leadership in a Digitally Driven World + Digital Transformation + Real Estate + Healthcare Management & Policy + Entrepreneurship & Innovation

For Students + Apply for Mentorship Program + Mentorship Matching + College Preparation

For Students + Apply to Colleges

For Students + Student Success Coaching + If admitted to Merage School, apply for the FLI Scholarship

For Students + Career Coaching + FLI Alumni Engagement + Volunteer for the FLI Fellowship + FLI Annual Conference

For Parents + Program Highlights + Participant Experience Reports + Parental Involvement for Student Success

For Parents + College Workshop for Parents + Home Support During College Preparation

For Parents + Support & Information on College Applications

For Parents + College workshop for Parents + Home Support During College Preparation + Family Engagement Program

For Parents + Volunteering at FLI Events + Support with Recruitment + Community Outreach

Community College Track

2 Months

Pre-Program

Program Design & Development

Community Engagement & Recruitment

8-Weeks

+ + + + + + + + + + +

+ + + + + + + + + +

Community Engagement Social Media Campaign Family Town Halls Influencer Engagement Student Recruitment Research & Data Setup Socio-Economic Data Hope Index Survey KPI Markers OKR Markers

Phase 01

Phase 02

Phase 03

Phase 04

Phase 05

Orientation & Business Fundamentals Virtual

Business Certificate On-Campus

Mentorship & College Preparation Virtual

Student Success Coaching & FLI Scholarship Opportunities Virtual

Career Coaching & Alumni Engagement Virtual

Freshman Year: Spring

Freshman Year: Summer

Sophomore Year

4-Year College

Post-College

For Students + Apply for FLI Fellowship + Orientation + Business Prep Modules + Public Speaking + Presentation Skills + Self-Branding + Networking + Job Hunting

For Students + Business Certificate Track (6 Saturdays): + Leadership in a Digitally Driven World + Digital Transformation + Real Estate + Healthcare Management & Policy + Investment & Wealth Management + Entrepreneurship & Innovation

For Students + Apply for Mentorship Program + Mentorship Matching + Transfer Application

For Students + Student Success Coaching + If admitted to Merage School, apply for the FLI Scholarship

For Students + Career Coaching + FLI Alumni Engagement + Volunteer for the FLI Fellowship + FLI Annual Conference

For Parents + Orientation + Business Prep Modules + Executive Education + Business Exploration + Parental Involvement for Student Success

For Parents + Program Highlights + Participant Experience Reports + Parental Involvement for Student Success

For Parents + Mentorship Workshop for Parents + Transfer Orientation for Parents

For Parents + College Workshop for Parents + Home Support During College + Family Engagement Program

For Parents + Volunteering at FLI Events + Support with Recruitment + Community Outreach

Program Impact FLI Graduates 3000

2500

3,000+ Students & Families impacted from underrepresented communities in 10 years

2000

1500

1000

500

Year 1

Year2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

Year 10

Join Our Movement The Future Leaders Initiative is about hope, success, access, and opportunity. Your gift will help level the playing field and cultivate talented Sophomore and Junior high school students while breaking barriers and inspiring future generations of leaders from underserved communities. Partner with us to build a kinder, brighter, and more equitable world for the next generation. With your partnership, generosity, and support, the Merage School Future Leaders Initiative can pave a path for driven, intelligent, and talented students to deliver on the promise of their potential and make a positive impact on our society and their communities. Your philanthropy will allow young minds – who otherwise may never have access to a world class business education – to fulfill the aspirations of their communities, flourish into established leaders, and be a cornerstone for future innovators and change-makers.

UCI Future Leaders Initiative

Project Cost

Endow the operational and student needs for two high school and two community college cohorts in perpetuity. Administrative, curriculum, and program costs included. Each cohort will impact approximately 25 students.

$2M (USD) Fixed project operational costs per year

+ Program Design & Development

Includes all program deliverables

+ Program Metrics & Evaluations Centralized Data Management Repository | Data Analysis | Annual Impact Report | Impact Report Presentation | Annual Future Leaders Impact Summit

Total 10-Year Project Cost:

$20M (USD)

Additional Support Opportunities Description

Support Amount

Naming Opportunity: UCI Future Leaders Initiative Current use funding for two high school and two community college cohorts for 10 years.

$5M (USD) Naming of the Initiative

Summer Sponsorship: UCI Future Leaders Initiative A five-year commitment to fund two cohorts ($100,000 a year for 5 years).

$500,000 (USD) Summer Sponsorship

Future Leaders Initiative UCI Merage School Scholarship Fund Fund to support scholarships for Future Leaders Initiative students who are admitted to UCI and qualify for an FLI Scholarship. Scholarship amounts will vary pending student performance, engagement and qualification.

$15M (USD) Future Leaders Initiative Scholarship Fund for approx. 250 students (full tuition)

Funding A Center of Excellence Future Leaders Initiative is driven by the Centers of Excellence, so funding for the Centers is critical to get the initiative up and running and ensure long-term sustainable impact for the initiative through targeted research and development.

$10M (USD) Funding and Naming of a Center of Excellence

Endowed Chair Fund the Endowed Chair that will spearhead the Future Leaders Initiative.

$2M (USD) FLI Endowed Chair

Funding The Leadership Development Institute Future Leaders Initiative is housed within our new Leadership Development Institute (LDI) which will focus on developing leaders at all levels and building custom leadership, strategy, and business solutions for individuals, teams and organizations.

$20M (USD) Funding and Naming of the Leadership Development Institute

The Merage School Difference Inspired Leadership. Digitally Driven. As our lives become more digitally mediated, we must adapt both ourselves and our businesses for the disruption inherent in the digital environment. With this vision in mind, The Paul Merage School of Business has completely reframed its curricula to give students the high-caliber, holistic preparation they need to become effective leaders in a digitally driven world. Top industry executives continually provide the Merage School input on how they see their respective industries changing through the impact of technology. Our transformed curricula reflect new business needs in the contemporary world, focusing on actionable ideas and building a new set of competencies suited to the digital age. Experience-based decisionmaking skills are integrated into the curriculum with data-

driven decision-making at the forefront. Experiential learning components continue to provide real-world education, allowing teams of students to immerse themselves in valuable projects with area companies. Located in the heart of Orange County’s “Tech Coast,“ the Merage School is surrounded by a network of cutting-edge businesses in an evolving ecosystem of tech firms including Amazon, Google, and Western Digital, plus digitally-savvy firms including Capital Group, Disney, Experian, Hyundai, Pacific Life, and Taco Bell. It is in this environment that the Merage School prepares students for the disruptive technology forces they will encounter as future business leaders.

Our Guiding Principles Leadership for a Digitally Driven World The Merage School will be a world-leading institution in the development of leaders who employ their understanding of business, entrepreneurship and technology to enhance the economic and social well-being of their communities.

Inclusive Excellence The Merage School will transform the business landscape by enhancing the representation of all communities in business and entrepreneurial activities.

#1 Global Ranking for percentage of women faculty

117% Salary Increase between pre and post MBA jobs

#8 U.S. Ranking for the Merage School among public universities in the U.S.

#4 Most Diverse business school in the United States

50% Of Our Students are first generation

Future Leaders 4 4Initiative Creating opportunities. Transforming lives.