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Answers to Your Questions About the Interest Rate Increase

Posted on by Melissa Ferrigno

UConn Today– The Federal Reserve Board announced Wednesday that it would raise interest rates just in time for the new year. During its meeting on Dec. 14, the Federal Open Market Committee voted for a 0.25 percentage-point increase, raising the federal funds interest rate to 0.75 percent. It was the first increase since an identical rate boost at this time last year, which was the first increase in almost a decade.

Yaacov Kopeliovich, assistant professor-in-residence in the Department of Finance, discusses what the increase means for the economy and consumers. Kopeliovich recently left a career in industry to join UConn. Now he instructs students on such current issues as the microstructure of specific markets and the contemporary way that financial institutions manage their financial assets and set their targets.

‘Beloved By All His Students’

Posted on by Claire Hall
Portrait of Francis Ryan overlayed on an image of the School of Business building.
Accounting professor Francis Ryan will be honored through a new scholarship that bears his name.

Accounting Professor Francis Ryan Would Be Pleased with New Scholarship in His Honor

A beloved accounting professor who never regretted trading in the bustle of New York City for the tranquility of Storrs, will be honored through a new scholarship that bears his name.

Francis E. Ryan joined the faculty at the School of Business in 1949, founding and leading the accounting department for more than 20 years. His former students recalled that he taught them not only accounting, but also about hard work, dedication and honesty. Continue Reading

Demand for Healthcare IT Specialists Prompts New, Online Program

Posted on by Claire Hall

Doctor working on a virtual screen. medical technology concept.

The School of Business is launching a new, nationally recognized, online certificate program in Healthcare Informatics and Technology. Beginning in March of 2017, the program is designed to meet the growing demand for experts in that field.

“The field of healthcare IT is not only changing, but also expanding rapidly as changes take place in the industry, including the widespread use of the electronic medical record,” said Emeritus Professor Jeffrey Kramer, who specializes in the study of healthcare organizations and who designed the program. Continue Reading

Wisdom from the Experts

Posted on by Claire Hall

Geno Auriemma UConn Leadership Conference Offers Plethora of Advice for Rising Executives

Transition is one of the most challenging aspects of leadership, but the ability to take charge in times of company turmoil or personal upheaval is the mark of a great leader.

That was the message that some of the world’s top executives, from a vast variety of industries, shared at the third Geno Auriemma UConn Leadership Conference in October at Mohegan Sun. Continue Reading

Subtle Bias Can Derail Results

Posted on by Claire Hall

Illustration of interconnected human icons connected by blue network lines and nodes, representing social or professional connection.

If Not Well Managed, Crowdsourcing Contests Produce Undesirable Results, UConn Researchers Discover

Crowdsourcing firms and platform designers may need to revisit their strategies, according to UConn School of Business researchers, because the competitive nature of the work, eager newcomers trying to promote themselves, and subtle biases in presentations may be skewing the outcomes. Continue Reading

Exploring All Avenues at UConn Finance Conference

Posted on by Claire Hall, Joshua Weist
Careers in investments, asset management, banking and prestigious Wall Street opportunities were the focus of the inaugural Finance Conference at the School of Business.
Careers in investments, asset management, banking and prestigious Wall Street opportunities were the focus of the inaugural Finance Conference at the School of Business. (Joshua Weist/UConn School of Business)

Experts Encourage UConn Finance Students To Seek Jobs in Most Prestigious, Demanding Sectors

Careers in investments, asset management, banking and prestigious Wall Street opportunities were the focus of the inaugural Finance Conference at the School of Business.

“The conference continues the School of Business efforts to make a greater push to place students in more prestigious and demanding areas of the financial sector,” said Professor Larry Gramling, associate dean for undergraduate programs. Continue Reading

Need for Compliance Officers Skyrockets

Posted on by Claire Hall

Business man signing a contract.

School of Business Partners with UConn Law to Offer New Certificate in Corporate/Regulatory Compliance

The University of Connecticut School of Business and the School of Law have partnered to create a certificate program in Corporate and Regulatory Compliance in response to the business community’s growing demand for risk-avoidance expertise.

“This is one of the fastest-growing specialties in business today and, with the right credentials, experts are commanding top jobs,” said Business Law Professor Robert Bird. Bird is one of the co-founders of the graduate-level program with Peter Lindseth, the Olimpiad S. Ioffe Professor of International and Comparative Law and Director of International Programs at UConn Law. Continue Reading

Myopic Views

Posted on by Claire Hall
Research by UConn management professors David Souder, left, and Greg Reilly confirms that businesses focusing on short-term results are 'leaving profits on the table.'
Research by UConn management professors David Souder, left, and Greg Reilly confirms that businesses focusing on short-term results are ‘leaving profits on the table.’ (Nathan Oldham/UConn School of Business)

UConn Professors Find Evidence that Short-Sighted Business Planning Costs Companies Money

When executives are committed to the long-term viability of their corporation, and invest money in future growth and technology that will not pay off right away, does that give the company a strong competitive advantage?

For years conventional wisdom said yes, even as many companies seemed focused on short-term results instead. New research by UConn management professors David Souder and Greg Reilly, and their colleagues, offers evidence that longer payoff horizons are indeed more profitable. Continue Reading