Wharton Alumni Magazine
Summer 2005
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Always Changing, Always Wharton

A Welcome From Alumni

Cultural Fluency for Global Lives

Moral Hazards and Fatal Flaws

Departments

Wharton Now

Knowledge@Wharton

Next Up at Wharton School Publishing

Alumni Association Update

Leadership Spotlight

Continued from previous page

Mary Ellen Overbay WG'70

Alumni Weekend was an especially meaningful experience for Mary Ellen Overbay, who was in town for both her 35th reunion and her daughter's graduation. Overbay, an economics instructor at Seton Hall University, marched in the Alumni Procession with Elizabeth, WG'05, on Sunday, May 15th.

Overbay WG'70 In fact, many of Overbay's classmates were not in attendance—she originally matriculated with the class of 1971 but ended up graduating in December 1970. While she was at Wharton, Overbay was president of Wharton Women, whose total membership included 12 students. "We could meet in somebody's living room," she said. At the time, though, she took it for granted that she was the only woman in most of her classes. She was simply pursuing a subject she was interested in. Her minority status was no more remarkable than the fact that her classmates wore jackets and ties to the lecture hall.

In addition to Wharton Women, Overbay was active in the International Business Club and held a seat on the MBA Association. Overbay was also selected to be part of a Harvard-Wharton exchange committee, where she worked with 10 students to compare the two business schools' curricula. At the time, case studies were not used frequently at Wharton, and the exchange committee was instrumental in bringing that teaching style to the program. Now case studies are only one of the teaching tools faculty employ, with Wharton's team-based projects, Leadership Ventures, and technology-enabled simulations forming the new wave of business learning methods.

The then-advanced technology used by Wharton students in the late 1960s seems primitive by today's standards, but the skills Overbay learned have stayed useful. "We didn't have calculators—we used adding machines, while some of the engineers used sliding rules. One of our requirements was computer language, so if we wanted to do something analytic, we wrote our own program," said Overbay. "We used keypunch cards that could be read by the university system, and we formatted the information into a spread sheet. Essentially, we were making our own Excel documents, and I'm not so sure it wasn't easier. It was time consuming, but we had more control over what the computer actually did." Overbay recalls that between classes, students would take their meals from vending machines and wait in line to use a single microwave—it was the first one she can remember ever using.

At Wharton Overbay focused her studies on finance and international business. After she completed her degree, she worked for Citibank in corporate lending, and later left to raise three children.

As a teacher and a mother of a recent MBA graduate, Overbay has seen the way business education has evolved. She believes the current cohort system at Wharton provides better opportunities for student interaction and group work, and that the exposure to prominent speakers is an added improvement to the MBA program. Still, Overbay knows her daughter chose Wharton for the same reason she did 30 years earlier. "It's an excellent program with top names. That hasn't changed."

Elisa Ludwig is a Philadelphia-based writer. She also covered the 2004 Alumni Weekend for the Magazine.

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