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Minnesota State University, Mankato

Minnesota State University, Mankato

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Page address: http://www.mnsu.edu/news/read/?id=1354750063&paper=frontpage

Business class raises funds for charity

Real-world project benefits Junior Achievement.

2012-12-11
Amanda Dyslin, Mankato Free Press, 12-5-2012

MANKATO — Minnesota State University Integrated Business Experience students will turn over the fruits of a semester’s worth of labor to a Mankato charity Friday, and they wouldn’t have it any other way.

The class began a “real-world” business from scratch, called MavNATION — taking out a $2,500 bank loan, developing a logo, order­ing products, marketing, selling and earning a $2,200 profit to give to charity.

The success mirrors (and ups the ante) of the first Integrated Business Experience class last spring, which also sold products and presented a check to Kids Against Hunger for $1,700.

Among MavNATION’s products, the students sold two styles of T-shirts with a Maverick logo and coffee mugs, said Claudia Pragman, a professor in the College of Business. In total, they sold almost 400 items, making enough to pay back the loan early, as well as write a check to Junior Achievement, which they will present Friday at South Central College.

Junior Achievement is a nonprofit that brings realworld work-readiness, entrepreneurship and financial literacy experience to students. Katie Feind, a student in the business class, said the organization was the perfect match for the class.

“We are learning business skills (too), so we figured Junior Achievement fit really well,” Feind said.

The class also split into groups of two, each of which went into Mankatoarea classrooms to volunteer with the program. Feind said she had a great experience talking with a third-grade class during five separate business lessons.

Feind said she took the class simply because it fit into her class schedule. Now, she said, she thinks of it as a very happy accident.

“Little did I know how much it would seriously change my experience here,” Feind said.

The entire version of this story can be read in a print copy of the Mankato Free Press. Call the Mankato Free Press at 625-4451 or (800) 657-4662 to find out how to purchase a print copy. The Free Press also prints select stories online at www.mankatofreepress.com

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