‘I Love What’s Happening With My School’

John Elliott, dean, greets School of Business alumni gathered at a rooftop reception celebrating the opening of the first residence hall to serve the Stamford campus. (Nathan Oldham/UConn School of Business)
John Elliott, dean, greets School of Business alumni gathered at a rooftop reception celebrating the opening of the first residence hall to serve the Stamford campus. (Nathan Oldham/UConn School of Business)

Business Alumni Overjoyed with Direction of Stamford Campus; Opening of New Residence Hall

Pengfei Yang ’15 MSBAPM is several years into a great career as a senior business analyst at Charter Communications, but on Aug. 17 he longed to be a UConn student again.

Yang was among 75 School of Business alumni gathered at a rooftop reception celebrating the opening of the first residence hall to serve the Stamford campus, located at 900 Washington Boulevard in the heart of downtown. Continue Reading

2011 ACFE Educator of the Year Award Recipient

The Association of Certified Fraud Examiners (AFCE) is proud to recognize Dr. Richard Hurley with the 2011 ACFE Educator of the Year Award for his outstanding contributions in fraud examination and curriculum development.

Dr. Hurley developed and teaches an MBA course in “Forensic Accounting and Fraud Examination” at the University of Connecticut at Stamford. He is currently developing a course in “Accounting and Securities Fraud.” He authored the “FraudEDge” column from 2008–2010 and is currently the co-author of the “Global Fraud Focus” column.

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Business Briefs (Fall 2010)

This article first appeared in the UConn Business magazine, Volume 2, Issue 1 (Fall 2010)

business briefs fall 2010Forbes Ranks UConn MBA Program 12th Among Public Business Schools in United States

The University of Connecticut School of Business’ Full-Time MBA Program was ranked in the top 50 U.S. MBA Programs in Forbes’ 6th biennial MBA Program ROI rankings. Among public institutions alone, UConn ranks 12th nationally and is ranked 27th among all U.S.
institutions. UConn’s MBA Program is ranked #1 for ROI among public business schools in New England and is one of only five business schools in New England to be ranked in the top 30 nationally, along with Dartmouth, Harvard, MIT and Yale.

Undergraduate Program Ranked in Top 25 Public Biz Schools by US News & World Report

The UConn School of Business received high rankings in “America’s Best Colleges 2011” by US News & World Report, breaking into the top 25 among public business schools for the first time. The School is now ranked #24 among all public business schools, an increase of 3 spots over last year’s ranking. The School is ranked in the top 50 at the national level, and the Real Estate specialty is ranked at #9 in the nation. UConn
remains the #1 public university in New England.

Master of Science in Financial Risk Management (MSFRM) Program Launched at Stamford Campus

The School of Business officially launched its new program that offers a Master of Science in Financial Risk Management. Referred to as the MSFRM, this Stamford campus degree was several years in development and reflected corporate input which resulted in the program’s unique focus on the practical vs. the theoretical.

The focus on the practical application of existing theories also drove the planned unique classroom experience, which relies to a great extent on “Professionals in the Classroom”. This group of about 15 senior executives in the financial industry will appear in classrooms to add relevant, concrete examples of the application of theory to real world situations.

Designed as a part time, evening program so executives can attend while maintaining their positions in the financial industry, the program takes 15 months to complete and must be taken “lock-step.”

The focus on the practical application of theory, coupled with the involvement and guidance of GARP (Global Association of Risk Professionals), has resulted both in corporate interest in providing projects to students as well as prospective employment opportunities to program graduates. For more information, please visit

Bachelor of Science in Business Administration to be Offered at the Regional Campuses

The University of Connecticut School of Business announces the Bachelor of Science in Business Administration (BSBA), a new undergraduate degree program offered at the Hartford, Stamford, and Waterbury campuses. The Bachelor of Science in Business Administration (BSBA) provides a general business major to regional campus students.

This interdisciplinary general business major will provide another option for regional campus students interested in a business major. Previously, only a Bachelor of Science in Business and Technology (BSBT) was available to undergraduate students at the regional campuses. Although the core business curriculum of the BSBA is similar to the BSBT, the BSBA requires additional work in marketing, finance and management.

The primary goal of the proposed BSBA is to prepare business leaders who are effective general managers. Therefore, this major will prepare students for broad based careers in nonprofit and public sector organizations as well as for profit businesses. Regional campus students, faculty and staff, community college faculty, high school guidance  counselors and the Connecticut business community overwhelmingly support the addition of the new general Business Administration major at these regional campuses.

Well over 90% of students surveyed at the Hartford, Stamford, and Waterbury regional campuses responded positively to the proposal of offering a general Business Administration major as a second option in addition to the Business & Technology major. Over 90% of Connecticut community college respondents also supported this degree.

Upon graduating with a Bachelor of Science in Business Administration, students are well prepared for professions requiring general management competencies and knowledge. “Graduates earning business administration/management degrees saw a 4.7 percent increase to their average salary offer, raising it to $45,887. These graduates are also consistently high in demand,” according to responding National Association of Colleges & Employers (NACE) Job Outlook 2009 employers. Business administration and management is also ranked top 5 in demand according to this research. For more information, please visit The Office of Undergraduate Advising.

MBA Program Redesign Features a Career-Centric Curriculum

The School of Business is launching its highly anticipated redesign for the full-time MBA program in Storrs this Fall. The new structure features a more personalized, career-centric curriculum that gives MBA candidates a larger say in their academic plan.

Designed over a two-year period, the new curriculum will restructure traditional concentrations such as finance, management, marketing, information technology and real estate, allowing students to develop more individualized plans of study within those broader disciplines.

The underlying principle of the redesign is to have students more closely tailor their course work to their long-term career paths, preparing for a job market where increased cross-specialization is becoming more prevalent. The concept of individualized concentrations is on the cutting edge of MBA curriculum design and is currently rare among MBA programs across the country.

The new design also requires students to participate in experiential learning projects in one or more of the Business School’s learning accelerators. Not only does the new curriculum keep UConn’s MBA education relevant and fresh, but it also significantly differentiates UConn MBAs in the marketplace – providing them with an extra edge for professional success. For more information, please visit

The UConn School of Business Institutionalizes Strategic Global Partnerships

The University of Connecticut School of Business has been working to solidify strategic global partnerships with international business schools. Although the School has enjoyed
relationships with international schools in varying capacities, this past year, the School has taken the important step in institutionalizing the partnerships to further gain international recognition, generate top-quality academic research on global business problems, and have a real-world impact on business practice and education worldwide.

The School currently has official partnerships with the following institutions:

  • Australian National University
    Canberra, Australia
  • Beijing Jiaotong University, School of Economics and Management
    Beijing, China
  • Indian Institute of Management
    Lucknow, India
  • Management Development Institute
    Gurgaon, India
  • National Taiwan University
    Taipei, Taiwan
  • Sabanci University, Faculty of Management
    Orhanli-Tuzla, Istanbul
  • Shandong University, School of Management
    Shandong, China
  • S.P. Jain Center of Management
    Dubai, Singapore
  • United Arab Emirates University, College of Business and Economics
    Al-Ain, United Arab Emirates

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UConn Unveils Degree of Risk

Stamford Advocate

With the public skittish about the the nation’s financial markets, the University of Connecticut believes the time couldn’t be better to introduce its new master’s degree program in financial risk management. The UConn School of Business this fall will start offering the 16-month program at the Stamford branch through a series of night and weekend classes. The UConn-Stamford campus hosted a reception to unveil the program Wednesday evening. READ MORE

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Announcing the Master of Science in Financial Risk Management

The University of Connecticut School of Business is proud to announce the Master of Science in Financial Risk Management (MSFRM) Program located at the School’s Stamford, CT campus. The MSFRM Program is designed for finance professionals involved in creating economic value by using financial instruments.The Master of Science in Financial Risk Management is designed for business professionals who want to enhance their careers by fully understanding how to identify and manage various types of financial risk. Learn More.

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Irina Moore ’04 MBA Discusses Leadership at NAWMBA Meeting

This article first appeared in the UConn Business magazine, Volume 1, Issue 1 (Summer 2009)

The Stamford UConn Chapter of the National Association of Women MBA (NAWMBA) hosted the first meeting of the year on Wednesday, April 8 at the UConn Stamford campus.

The meeting’s theme was “Leadership: Today and Tomorrow” featuring Irina Tsikhelashvili Moore ‘04 MBA, UConn MBA graduate featured in the UConn 40 under 40 awards.

Moore participated in edgelab and received the GE Edison Award for her significant contributions to GE. Today, she is the vice president of risk management for GE Money, the corporation’s consumer and small financial services unit.

Moore discussed issues of women in leadership in corporate America and how she found success in overcoming obstacles. She reinforced that no matter if you are male or female, to be accepted as a true leader you must be an expert in the field you are leading and treat all employees with equal respect. She sets very high expectations for her team and works side by side with them to achieve the set goals.

The meeting also included discussions about women in leadership roles. The event was attended by business alums, current  undergraduate students, faculty, and MBA students.

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Hall of Fame Induction & Awards Celebration (Summer 2009)

This article first appeared in the UConn Business magazine, Volume 1, Issue 1 (Summer 2009)

On Friday, May 1, 2009, the UConn School of Business inducted five alumni with outstanding achievements in business into the 16th Annual Hall of Fame Celebration in Stamford, Connecticut. The School’s Hall of Fame was established in 1993 to recognize the outstanding business and community achievements of its alumni and students. Since then, over 100 alumni have been inducted.

Alumni Inductees

Jonathan “Jon” Beyman ’76 is Managing Director, and serves as the Global Head of Operations and Technology of
Citigroup’s Global Institutional Bank, since joining the Bank in August of 2008. Jon is a member of the board of, an online non-profit that is dedicated to addressing the scarcity and inequitable distribution of learning
materials in our public schools through Citizen Philanthropy.

John Cutler ’66 is a founding partner of Beers + Cutler, a leading accounting and consulting firm located in Washington, DC. John has enjoyed and taken pride in serving in board and leadership roles at UConn. He served on the Board of Advisors for the UConn School of Business and is now a member of the UConn Foundation where he serves as a chairman of the audit committee.

Pat Friar ’80 recently retired from GE with over 26 years of Finance, Human Resources and Executive Development
experience. She was the Senior Vice President of Human Resources for GE’s Consumer Finance. Pat is an active member
of the School of Business Leadership Cabinet and presents in Executive MBA programs in both Hartford and Stamford.
She’s equally active in her community as an executive coach and a member of the National Charity League.

Tim Friar ’80, ’83 MBA was most recently the President and CEO of the Make-A-Wish Foundation of Connecticut, Inc.,
a not for profit organization that grants the wishes of children with life-threatening medical conditions to enrich the human experience with hope, strength and joy. Prior to joining the foundation, Tim had a long-standing relationship with Make-A-Wish originally as a volunteer and then subsequently as a two-term board member. Tim is an active member of the School of Business Leadership Cabinet.

Walter C. Richter ’81, ’88 MBA is a Vice Chairman of Deloitte LLP. In this role, Walt leads the Office of the CEO
program and oversees interaction with Deloitte’s largest asset clients. Walt is also the audit committee chairman and a
board member of the James Beard Foundation.


Emeritus Faculty Award

Dr. Herbert Spirer longed to become an educator after he learned and taught Morse code as an adolescent. After his service in the Pacific Theater in the U.S. Navy during World War II and after earning his Engineering degree, Herb worked for 14 years in industry, first at the General Electric Electronics Laboratory and later in positions of increasing breadth and responsibility at other research companies. Herb pursued his dream and came to UConn as a lecturer in 1966. In 1970, Herb was promoted to assistant professor, and in 1975 he rose to the rank of full professor and continued teaching at the UConn Stamford Campus for a total of 25 years of dedicated service. Herb’s tenure also included service as the director of the MBA Program.


Outstanding Strategic Partner Award

Northeast Utilities’ vision for “energy, growth and leadership” and “the energy to make a difference” dovetails with the School of Business’ goals to provide world-class training to the next generation of business leaders as well as groundbreaking research and innovative solutions for industry, while continuing to grow and raise the bar for excellence. The UConn School of Business salutes Northeast Utilities for its dedication to improving communities in our greater Connecticut, Massachusetts and New Hampshire region and its generous support of the School of Business and the University of Connecticut. Jean Lavecchia ’81 MBA accepted the Outstanding Strategic Partner Award on behalf of Northeast Utilities.


Student Fellows

Gregory Carbonella, Marisa Coords, David Macionus, Kyle McLaughlin, and Mona Mitri from the Undergraduate Program; Katherine Avery, Full-Time MBA Program; Marisol Maull, Hartford EMBA Program; Nicholas Macsata, Hartford Part-Time MBA Program, Anthony Cannella, Stamford Part-Time MBA Program;Sungmee Choi, Ph.D., Waterbury Part-Time MBA Program; Ann Kummer,MS in Accounting Program; and Ciaran Heavey, Ph.D. Program.

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Faculty Accolades (Summer 2009)

This article first appeared in the UConn Business magazine, Volume 1, Issue 1 (Summer 2009)

Ackerman Scholars:

The Ackerman Scholar award recognizes significant and continuing all round academic productivity among the faculty of
the School. It is awarded to faculty who are not already supported by Chair or Professorship appointments.

The award is supported by the Ackerman Fund, the School and the departments. The purpose of the Ackerman Fund is to “grant a monetary reward to faculty members who have excelled in classroom teaching, curriculum development, research, outreach to business and state agencies.”

Appointed for the next two years (2000-10 and 2010-11):

Sudip Bhattacharjee, OPIM 

John Knopf, Finance 

Manuel Nunez, OPIM 

Zeki Simsek, Management

Mike Willenborg, Accounting


Continuing in their second year:

Robert Bird, Business Law

Robert Day, OPIM

Lucy Gilson, Management

Girish Punj, Marketing


Annual Faculty Awards:

Best Paper:

Sulin Ba, Jan Stallaert, Zhongju Zhang, “Online Price Dispersion: A Game Theoretic Perspective and Empirical Evidence,” Information Systems Research.


Best Paper Honorable Mentions:

Joseph Golec, Shantaram Hegde, “Pharmaceutical R&D Spending and Threats of Price Regulation, Journal of Financial and Quantitative Analysis (John A.Vernon, co-author).

Manuel Nunez, Robert Garfinkel, “Efficient Short Term Allocation and Reallocation of Patients to Floors of a Hospital During Demand Surges, Operations Research (Steven Thompson and Matthew D. Dean, co-authors).

Michael Willenborg, “Does Auditor Reputation Matter? The Case of KPMG Germany and ComROAD AG, Journal of Accounting Research (Joseph Weber and Jieying Zhang, co-authors).

Dmitry Zhdanov, “Designing Intelligent Software Agents for Auctions with Limited Information Feedback,” Information Systems Research (Gediminas Adomavicius and Alok Gupta, co-authors).


Research Excellence:

Co-winners Jim Marsden and Jack Veiga


Graduate Teaching:

Tri-winners Mike Willenborg, Gene Salorio and Gary Powell


Undergraduate Teaching:

Co-winners Gene Salorio and Zeki Simsek


Teaching Innovation:

Co-winners Girish Punj and Mary Caravella


On May 5, Dr. Kathleen Dechant, Management Department, delivered a keynote address at the Female  Entrepreneurship Program sponsored by the United Emirates Center for Innovation and Entrepreneurship. Dr. Dechant’s participation in the program was the first initiative undertaken between the business schools of United Arab Emirates University and the University of Connecticut under its recently signed Memorandum of Understanding encouraging joint projects, research and teaching among faculty.

In an analysis of 26 core finance journals covering 17,601 authors and 28,158 papers published over 1959-2008, Shantaram Hegde, Professor of Finance and Associate Dean of Graduate Studies, was ranked at #162 (with 24 appearances in those journals); the other two Finance colleagues ranked are: Tom O’Brien at #267 (19 appearances) and Chinmoy Ghosh at #628 (13 appearances). In another analysis of seven leading finance journals covering 8,975 authors and 13,305 papers published over 1959-2008, Shantaram Hegde was ranked at #375 (with 10 appearances in those journals); the other Finance Department colleague ranked is Tom O’Brien at #900 (6 appearances).

Kevin McEvoy, Instructor-in-Residence in the UConn School of Business Marketing Department, Stamford Campus, has been awarded the 2009- 2010 University of Connecticut Teaching Scholar Award. This is the first year that the Institute for Teaching and Learning has given a Teaching Scholar Award for exemplary teaching by an in-residence or non-tenured faculty member. Also, on Friday, December 12, 2008, Kevin McEvoy was awarded the Delta Pi Epsilon Best Conference Presentation for 2008. His paper, entitled “First-Year Workplace Learning Experiences of New MBA Marketing Graduates”, was presented at the American Educational Research Association Annual Conference, 2008. The paper considers experiential learning in the profession by Marketing MBAs. All award nominations were peer reviewed.

School of Business Dean P. Christopher Earley was recently elected as a Fellow of the Association for Psychological Science (APS). Fellow status is awarded to APS members who have made sustained outstanding contributions to the science of psychology in the areas of research, teaching, and/or application. Previously known as the American Psychological Society, the APS is a nonprofit organization dedicated to the advancement of scientific psychology and its representation at the national and international level. The Association’s mission is to promote, protect, and advance the interests of scientifically oriented psychology in research, application, teaching, and the improvement of human welfare. APS has over 20,000 members and includes the nation’s leading psychological scientists and academics, clinicians, researchers, teachers, and administrators. APS membership includes all fields of Psychology as well as collateral fields such as Business, Sociology, and Communications. There are approximately 2,000 APS Fellows out of the total membership.

Dr. Katharine Pancak, Professor in Residence of Finance and Real Estate, and Dr. Richard Watnick, Associate Professor of Mathematics, will receive the the 2009 UConn Stamford Campus Faculty Recognition award. This faculty award

recognizes the “sustained outstanding achievements in teaching, research and/or services benefiting the Stamford Campus.” The 2009 UConn Stamford Campus Faculty Recognition Award, Staff Recognition Award and Town and Gown Award will be presented on Wednesday, August 26th, at the Town Hall Meeting, in the Gen Re Auditorium, at 11 a.m. to 12:00 noon.

Professor Wayne Bragg was selected as the 2009 Executive MBA Outstanding Professor by the Executive MBA Class of 2009. This annual award, voted by the graduating EMBA class, recognizes EMBA professors who have outstanding teaching skills and concern for students’ learning. This is the second year in a row, and fourth overall, that Wayne has been voted the Outstanding Professor by the EMBA students.

High school seniors were awarded merit scholarships recognizing academic excellence, contributions to school and community, and potential for continued achievement at the Day of Pride and Nutmeg Scholars Spring Banquet, held

on Tuesday, March 3. Seanice Austin, Director of the Office of Diversity Initiatives, and Dr. Richard Kochanek, Emeritus Professor in the Accounting Department, were recognized by the students as mentors.

Stanley F. Biggs, Professor of Accounting, received the Outstanding Educator Award in the Auditing section of the American Accounting Association. This award recognizes outstanding contributions to audit education in form of exemplary contributions in research or teaching over a sustained period of time.

Dr. Murphy Sewall, Professor of Marketing, has been elected to the University Senate for a three-year term beginning July 1, 2009.

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