Pumpkin carving, painting, and of course… candy!!
Hartford Campus:
Stamford Campus:
The UConn School of Business is excited to announce that the Wall Street Journal’s premium digital products—including WSJ Online and smartphone and tablet apps—are now available to all business majors and School of Business faculty at Storrs, Connecticut and at regional campuses.
“In our continuing efforts to increase the business information literacy of all our students, we are pleased to be able to offer them this opportunity to keep abreast of all the latest breaking news in the business world,” says Larry Gramling, associate dean for undergraduate programs.
For over a century, WSJ has sustained a legacy of journalistic excellence and is the #1 most trusted newspaper for the 27th consecutive year, according to the Pew Research Center.
The Wall Street Journal provides students with:
“Having access to the Wall Street Journal gives students the opportunity to read what recruiters are reading—from a concise, reputable source,” says Bill Tracy, educational representative for the Wall Street Journal. “The mobile apps provide them with in-depth videos, interviews, and more than just a traditional news article,” he adds. “Nearly 90% of our student subscribers say that reading WSJ makes them feel confident and prepared.”
From October 9-12, the UConn School of Business hosted students from universities across the globe to participate in a case competition to solve a real-world challenge.
Now in its third year hosting the CIBER Case Challenge competition, the UConn School of Business Center for International Business Education and Research (CIBER) has taken charge in its mission to increase the competitiveness of U.S. business in the global marketplace, as set forth by the U.S. Department of Education. This year’s competition brought together students hailing from 12 different colleges and universities located within the U.S. as well as higher education institutions as far away as Tokyo, Japan.
Kelly Aceto, managing director of the CIBER Case Challenge, led the event, proposing a challenging problem derived from the global business marketplace for which teams of students were required to envision a solution. The problem was kept secret until its official announcement at 9 a.m. on Friday, October 11, at which point the case was distributed. This year’s challenge? To determine if Gillette should bring its Guard razor into the U.S. market. “I have participated in several case competitions, and this one was very different not only because of the international nature of the problem, but also because everyone on our team had a different area of study, whether it was marketing, accounting, operations, or finance,” says Ningwei Li, a finance and economics major at the University of Maryland, College Park, who came in among the top three finalists for “Best Presenter” in the preliminary round. Each team was comprised of four students from four different universities, each studying a different business discipline.
Unlike traditional case competitions, the CIBER Case Challenge tasked students to demonstrate their ability to work in teams consisting of students from varying cultures and nations. Students first met their teammates virtually two weeks before arriving on the Storrs, Connecticut campus. To facilitate greater bonding within teams prior to the case distribution, students traveled to Mystic, Connecticut to participate in a series of team challenges set against the backdrop of Connecticut’s historical seaport. “My team had students from Italy, California, Arizona, and Rhode Island. I’ve never traveled out of the country, so this experience enabled me to make a lot of connections I wouldn’t have made otherwise,” says Joseph Bona, a management major at Bryant University.
On the third day of the event, students presented their case solutions to a panel of judges composed of international business executives from the local tri-state area business community. Presentations were evaluated based on content (60%) and presentation (40%), considering whether the students did their research, logically supported their conclusions, and whether those conclusions would realistically be accepted by management. “They [the presentations] exceeded my expectations,” says Phil Ferrari, CFO at Virginia Industries, Inc., one of the event judges. “The students were intelligent, cohesive, and desirous to do an outstanding job. Quite impressive.”
The evaluations of the judges held serious weight for the student competitors; only three teams advanced to the final round later that day. “It was hard work to differentiate between the groups as they were excellent,” adds Ferrari. “Groups like this will bode well for the future of business in the U.S.”
The finalists were announced at an awards dinner on Saturday evening, where they were presented with plaques acknowledging their accomplishment:
First Place
GianMarco Taverna, University of North Carolina
Ellie Lin, Purdue University
Margaret Wong, Bryant University
Ihinosen Dibua, Pittsburg University
Second Place
Dallin Shaner, Brigham Young University
Nicole Green, University of Connecticut
Sergio Alessandro Castagnetti, University of Trento
Ben Hsieh, University of Maryland
Third Place
Daisuke Honjo, Rikkyo University
Leah Gonzalez, University of North Carolina
Esther Buck, Belmont University
Josh Emmett, University of Connecticut
Best Presenter
Dallin Shaner, Brigham Young University
Best Q&A
Leah Gonzalez, University of North Carolina
“This experience has been amazing,” says Li. “Despite our differences, most, if not all, of the students are like-minded with how we approach school, career, and our aspirations – with an ambitious, positive attitude. That’s how we connected.” he says.
This year marks the first time that two UConn students have placed among the top three teams in the CIBER Case Challenge. “They were well prepared,” says Aceto. “Paul Borochin, assistant professor of finance at the School of Business, spent a lot of time with the students as they got ready to face the challenges of a case competition.”
In an ever-changing international business climate, the United States has public universities like the University of Connecticut to depend on to challenge their own students to work with students of different backgrounds and nationalities. UConn is one of 33 universities nationwide designated as national resource centers for international business, with UConn CIBER in existence since 1995.
For more information:
About CIBER
CIBER Case Challenge
Pictured: One of the student teams, awarded first place for teamwork during their excursion to Mystic, poses in the School of Business atrium: Raaheela Ahmed, finance and economics major at the University of Maryland; Mike Masso, finance major at the UConn School of Business; Mac Bellingrath, marketing major at Belmont University, and Johanna Kuehl, an accounting major at Manchester Business School.
Six members of the UConn chapter of the National Association of Black Accountants (NABA) attended the organization’s 38th Eastern Region Student Conference (ERSC) on October 10-13, 2013. The conference featured two and one-half days of workshops, seminars and interview sessions designed to better prepare minority students for careers in accounting and financial management disciplines. Continue Reading
Josh Cohen ’05 came to the School of Business to study real estate, but through his on- and off-campus activities, discovered an entrepreneurial drive that led him in another direction.
As a delivery guy at Wings Over Storrs, Cohen learned quickly that the faster he was able to deliver wings—and communicate accurate delivery times to customers—the better tips he would receive. This knowledge stayed with him as he seized every business opportunity that came his way as a student, remembering timeliness and communication as key guidelines for providing excellent customer service.
Partnering with his roommate, his first entrepreneurial venture was to develop themed t-shirts for UConn’s annual Spring Weekend, which they then sold to students and around town. Cohen also served on the UConn Co-op Board of Directors.
“I had a great experience at UConn,” says Cohen. “I made great friends and picked up quite a few entrepreneurial skills.”
Those skills have served him well; the ability to identify and capture opportunity has taken Cohen on a path he had never imagined.
Junkluggers: The Idea
During a semester abroad in Wollongong, Australia, a new friend mentioned to Cohen that he had made $100 hauling away a neighbor’s refrigerator. Cohen immediately saw an opportunity waiting to be seized back at home. Though he already had a real estate internship lined up upon his return to the States, Cohen used his spare time to make some extra cash by removing unwanted items from people’s homes. Advertising his removal services by handing out flyers, Cohen started receiving phone calls and service requests.
Upon graduation, he moved on to a corporate career in commercial real estate sales and development, but chose to continue the removal service on the side. Over time, Cohen came to realize that there was a bigger demand than he was able to service in the “junk-lugging” business. Taking a leap of faith (and a significant cut in pay), he left the real estate industry to pursue his entrepreneurial passion and grow his own business: Junkluggers.
Starting in a small location in Fairfield, Connecticut, Cohen quickly started to hire friends to help with the manual labor needed to run the business, and the company began to expand.
“The foundational knowledge I received from the UConn School of Business really helped,” says Cohen. “I knew that differentiation would be important, and that we would have to clearly communicate our key selling points to customers.”
So what is unique about Junkluggers? It’s green, eco-friendly focus.
“We don’t just take items to dumps,” says Cohen. “We donate whatever we can, recycle, and then trash what is left. For donated items, we mail customers the receipts so they can use them for their tax returns,” he adds.
From his work experience in real estate and even at Wings Over Storrs, Cohen knows that communication and timeliness are of the essence in any customer-facing business.
“I [also] knew from my IT classes how helpful technology can be for communication and for managing a business. Using that knowledge, we built our proprietary software to help us communicate and identify where to allocate resources,” says Cohen.
Junkluggers Today
Today, Cohen has grown his one-man side job into a full-fledged business, with approximately 65 employees servicing three company-owned locations and five franchises. One of the franchise owners is his brother, Zach Cohen ’09. An accounting major, Zach worked on Junkluggers’ bookkeeping while he was a student at the School of Business. Now he’s also honing his entrepreneurial skills as a business owner.
Junkluggers has grown to service the New York tri-state area, from south of Hartford, Connecticut to Philadelphia, Pennsylvania. The company expects sales for this year to reach three million dollars, and doesn’t plan to stop there. Junkluggers has big plans for expansion, aiming to add ten more franchises between Boston and Virginia in 2014.
The Connecticut Small Business Development Center (CTSBDC) located at the University of Connecticut (UConn) was awarded $1.3 million by the U.S. Small Business Administration to lead a team of seven partners in creating a program to educate the small businesses of Connecticut on how to recover and rebuild from Hurricane Sandy and from future disasters. Continue Reading
The second annual Connecticut Risk Management Conference will be hosted by the UConn School of Business at the Stamford Marriott in Stamford, Connecticut on November 14, 2013. This year’s conference, Aligning Risk Management with Strategy, has been designed to bring together professionals engaged in risk management, senior management, and regulators, as well as faculty members and students in UConn’s MS in Financial Risk Management (MSFRM)* program. Continue Reading
The Psi Rho Chapter of Alpha Kappa Psi recently welcomed Kelly Kennedy, program manager at the UConn School of Business Career Center, into the fraternity as its first faculty/staff member. Alpha Kappa Psi was founded in 1904 at New York University on the principles of promoting institutions of business education, developing future leaders and fostering appreciation for higher ideals in business. Kennedy’s invitation to the Psi Rho Chapter at UConn was the result of her continued mentorship and resourcefulness to the group, and her dedication and support to School of Business students. Over 35 students gathered to welcome Kennedy into this unique, prestigious association of students, professors, graduates and professionals with a common interest in business.