Finance

UConn School of Business Reduces MBA Course Requirements, Enabling Students to Complete the Degree More Quickly

Posted on by Claire Hall

UConn Today – The UConn School of Business announced today that it has revised its MBA program, making it faster, more flexible, and more convenient for graduate students to earn their degrees.

Beginning in Fall 2023, the program will decrease the number of credits required to earn an MBA from 57 to 42. It will also change its concentrations and realign its core courses. The changes allow students to complete the MBA program faster—in just over a year if pursued aggressively—and at a lower cost.

Real Estate Alum David Wharmby Returns to UConn As Program Director

Posted on by Claire Hall

UConn Today – As a new business student, David ‘Dave’ Wharmby ’89 (BUS), ’02 MBA took an introductory real estate course that changed his life.

“Professor Byrl Boyce was a very personable guy, with a dry sense of humor, who really wanted to make sure we understood the material,’’ Wharmby says. “He took some complex financial math and went over it again and again, until students really felt like they were masters of difficult material.’’

The heat is on: 7 things to know about Greater Hartford’s summer home sale market

Posted on by Scott Slater III

Hartford Courant (Yahoo News) The Greater Hartford home sale market snagged a top-10 spot in a new national ranking of hottest housing markets in the country in June, adding to a string of similar flattering mentions since the start of the COVID-19 pandemic.

But how hot is hot?

A recession could last 2 years according to Connecticut economics experts

Posted on by Scott Slater III

Fox 61 – CONNECTICUT, USA — Two respected economics experts from Connecticut universities said a recession is coming and it could be a couple of months before the economy straightens out.

America is enduring the worst inflation in 40 years, spurred on by the COVID-19 pandemic. Soon, it’s expected the Federal Reserve will hike interest rates for the first time in four years.

Inflation: Economists from Connecticut and beyond on how we got here and where we’re going

Posted on by Scott Slater III

Yahoo! News – Jun. 11—The average consumer probably isn’t pondering how PepsiCo controls more than 80% of the dip market when they’re standing in the grocery store picking up a Tostitos creamy spinach dip for a cookout or Super Bowl party.

But when setting the backdrop for a conversation about the factors in inflation — which economists mainly cite as pandemic-induced disruptions in supply and demand and the war in Ukraine, with dispute over the impact of stimulus packages — lack of market competition is something economist Fred Carstensen can’t emphasize enough. He cites the impacts of the United States largely abandoning antitrust policy over the past 40 years.

At-Risk High Schoolers Learning Personal Finance Basics at UConn

Posted on by Scott Slater III

UConn Today – About 50 students from four high schools in Hartford and East Hartford have been traveling by bus to UConn’s Storrs campus for several Saturdays this spring to learn the basics of personal finance. Among those lessons are how to open a bank account, managing personal spending, and ways to fund a college education.

2022’s Property Taxes by State

Posted on by Scott Slater III

WalletHub – Q + A
Do people consider property taxes when deciding where to move? Should they?

People looking to buy homes in a community absolutely do consider the property tax rate. The property tax rate (in most cases) is a representation of the level of public services available in the community. If households are considering some seemingly similar suburban municipalities, a differentiating feature may be the level of services.

Professor: Surging Demand for Housing Creates Apartment-Construction Boom in Connecticut

Posted on by Claire Hall

UConn Today – Developers are planning to build thousands of new apartments across Connecticut, tapping into an exploding need for more housing options for everyone from millennials to empty nesters.

“There has really been an unprecedented demand for modern rental housing, not only in Connecticut but in many places across the nation,’’ says Jeffrey Cohen, finance professor and the Kinnard Scholar in Real Estate at the School of Business. “We’re seeing some complexes being developed on empty parcels and many other unused properties being converted into apartments.’’