Hartford Business Journal – When Aria Penna enrolled at UConn as a finance major she was eager to begin her coursework, but also knew she wanted to get more out of college life than just books and lectures. So she signed up for a relatively new program called Hillside Ventures, a student-led venture fund that invests in early-stage startups. She’s one of six women in the 31-student program.
Management
UConn School of Business Reduces MBA Course Requirements, Enabling Students to Complete the Degree More Quickly
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.
Strategies for Success in Business (Taylor’s Version)
UConn Today – Superstar Taylor Swift may have exceptional musical talent and a legion of devoted fans, but, a UConn scholar argues, it is her nearly flawless business strategy that has fueled her path to superstardom.
“Talent only gets you so far,’’ says Sami Ghaddar, a School of Business professor who specializes in business strategy. “I would say that Taylor Swift is a very savvy businessperson.
“In an industry where rivalry is intense, it requires well thought-out and prudent decisions to reap the rewards that she has. Taylor Swift is a person; but Taylor Swift is also a business.’’
UConn School of Business Names Boucher Management & Entrepreneurship Department
UConn Today – Former Connecticut State Sen. Antonietta “Toni” Boucher ’02 MBA and her husband, Henry “Bud” Boucher, had a lot to celebrate in 2020. They had just celebrated their 50th wedding anniversary and Bud, a management consultant and entrepreneur, had reached his greatest career success. The couple had always wanted to do philanthropic work, and now they would have the financial means to do so.
‘My Advice to Future Entrepreneurs is: TRY!’
Management Professor Nora Madjar Appointed Associate Dean

Professor Nora Madjar, a 20-year faculty member who has won multiple teaching awards and is a leader in curriculum development and review, has been appointed Associate Dean for Undergraduate Programs at the School of Business. Continue Reading
Entrepreneur, ‘Summer Soul’ Zachary Will Continues to Grow Fun-Flannel Shirt Company

Zachary ‘Zac’ Will is an avowed summer soul, the kind of guy who complains when the weather dips below 75 degrees and the sun sets at dinner time.Continue Reading
UConn’s EMBA Program Ranks No. 20 in the Nation

The UConn Executive MBA program is among the most elite in the nation, ranking among the Top 20 programs of its kind, according to Fortune.
The EMBA program earned its high ranking because of its ability to attract top students, its outstanding reputation among companies, and its alumni representation in senior management of Fortune 1000 companies.
The 2022-23 Best EMBA ranking puts UConn’s program at No. 20 out of the 55 programs that the publication ranked as outstanding.
“Our EMBA program was designed to cater to the unique needs of mid-career executives, who already have high level skills, and are looking to round out their experiences,” said David Souder, Associate Dean of the School of Business and former Academic Director of the program.
“We’ve maintained high admission standards in the program, and it isn’t unusual for our EMBA students to also have advanced degrees in nursing and law or to have already earned a doctorate,” he said. “Furthermore, our program has been thoughtfully designed to enhance collaboration between expert faculty and mature students. Our students learn both from their instructors but also from each other through team projects.”
Professor Stephen Park, who is currently the Academic Director of the EMBA program, said the program has a proud and enthusiastic alumni community that supports its current students.
“We deliberately leverage those close working relationships, and that’s something our students welcome,” Park said. “We don’t have specialized tracks in our program, but rather we offer soup-to-nuts exposure to what top leaders in an organization need to know.”
The UConn EMBA program is now accepting applicants for the Fall 2023 class. For more information, please visit emba.business.uconn.edu
Remote working soars in Connecticut, exceeding the national average. It’s ‘a trend that is going to be with us,’ an expert says.
The number of Connecticut residents primarily working from home nearly quadrupled in 2021 compared with two years earlier, new U.S. Census figures show, some of the most compelling evidence yet about how the pandemic has reshaped the state’s employment landscape.
In 2019, 5.6% of employees in Connecticut, or 1 in 18, worked from home, but that climbed to 19.5%, or 1 in 5 in 2021, as employers adapted to COVID-19 distancing precautions to keep running their organizations, according to an analysis of Census data released by the Connecticut Data Collaborative.
In Hartford County, the percentages were even higher, at 20.5% in 2021 compared with 4.8% in 2019.
The percentage of employees working remotely in Connecticut in 2021, exceeded by nearly two percentage points the 17.9% registered nationally, according to CTData, a public-private partnership that advocates the use of data to drive policy and improve programs and services.
“While we know rates increased during the initial year of the pandemic, what is striking is that well into the pandemic rates of working from home have persisted, at levels three times as high as the pandemic,” Michelle Riordan-Nold, CTData’s executive director, said.
“To me, it’s indicative of a trend that is going to be with us,” Riordan-Nold said.
Connecticut also was in the top tier of states with at-home workforces in 2021, coming in behind Washington (24.2%), Maryland (24%), Colorado (23.7%) and Massachusetts (23.7%), according to CTData.
CTData’s analysis was based on the U.S. Census American Community Survey, which are one-year estimates released by the Census Bureau. The sample size for the ACS survey was 19,518 in 2021, compared with 20,291 in 2019. The survey was not conducted in 2020 because of the pandemic.
The Census survey for 2021 also marked the highest number and percentage of people working from home recorded — both nationally and in Connecticut — since the community survey began in 2005.
Greg Reilly, a professor of management and a department head at the UConn School of Business in Storrs, said it was clear remote working, to some degree, will remain part of the employment culture even after the pandemic wanes. But he cautioned the survey was taken while a broad-cross section employers had not called back most workers back to the office and so the percentages could come back down a bit.
Nevertheless, Reilly said the pandemic demonstrated some jobs are particularly well-suited for remote working. Certain jobs in all pay categories — ranging from information technology to customer service may evolve such that people who choose those jobs will take into major consideration the flexibility of working from home, Reilly said.
There are costs to a workplace with a remote component, and the lost interaction, especially that is by chance, Reilly said.
“It may be less the ‘hard to connect,’” Reilly said. “The more important, powerful negative is the serendipity that is gone when you are not in the office. You do start conversations that you don’t intend and those conversations can lead to a variety of positive, problem-solving outcomes.”
Reilly also noted that trust is built by a string of often chance, in-person conversations.
CTData also found other striking shifts in working patterns in Connecticut.
As would be expected, the percentage of workers commuting to work — by car, truck or van — dropped to 74% in 2021, compared with 84% two years earlier. The percentage taking public transportation was cut in half, to 2.5% from 4.5%.
Kenneth R. Gosselin can be reached at kgosselin@courant.com.
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Source: https://www.courant.com/business/hc-biz-working-remotely-census-20221012-ygtmhsehvbbqzo2s7ufnki7nre-story.html
Nine ‘Enthusiastic, Well Qualified’ Faculty Join School for Fall 2022

The School of Business is welcoming nine new faculty members this semester, continuing a trend of successful recruiting. Many of the new hires already have strong research accomplishments and awards for teaching excellence.Continue Reading