All School of Business pressroom news
More than 100 UConn business students were inducted into the Beta Gamma Sigma scholastic honor society during a dinner and ceremony on Sunday evening.
Beta Gamma Sigma recognizes students with the highest academic achievement at the undergraduate, masters and doctoral levels. Students from Storrs, Stamford, Hartford and Waterbury attended the ceremony in the Dave Ivry Seminar Classroom at School of Business. Keynote speaker was Dean John A. Elliott.Continue Reading
Flexible Work Time Could be Salvation for Families–and an Advantage for Employers–So Why Do Companies, Employees Resist?
The typical two-income American family is stretched to the breaking point with responsibilities, and, for many, flexible work time would be helpful in finding a work-life balance, said Robert Bird, professor of Business Law.
“There are millions of people in our country under intense pressure,” said Bird, who is also the Northeast Utilities Chair in Business Ethics. “They are two-parent, working families taking care of children and/or elderly parents. Inflexible work schedules are making the stress even worse.”Continue Reading
The final applications are in. The iQ judges will be sifting through over 50 applications to find the top 16 innovations. Those winners will then be asked to give presentations on their ideas, and eight of them will be invited to iQ’s summer incubator. The top three get prizes of $15,000, $10,000, and $5,000.
In the past few workshops, iQ focused on understanding innovation and commercial potential of products. Innovation can be defined as an invention plus its distribution. The invention itself needs to bring something to the market that is different than what is already out there. As Professor Rich Dino would say, how is it cheaper, better, or faster? Continue Reading
A regulation that is supposed to provide a warning bell and greater transparency for investors is hampered by a lack of enforcement, according to new research conducted by accounting professor David Weber.
Professor David WeberThe School of Business has awarded one of its 2015 Best Paper Awards to Weber for his research titled, “Does SOX 404 Have Teeth? Consequences of the Failure to Report Existing Internal Control Weaknesses,” co-authored with UConn doctoral student Biyu Wu and Sarah Rice of Texas A&M. It will appear in the American Accounting Association’s premier journal, The Accounting Review.
Hartford Business Journal – The concept of using large data sets to package information to customers started in the early 2000s with Google, which initially used systems to analyze data on websites to enhance its search engine performance, said Ramesh Shankar, associate professor of information systems at the UConn School of Business.
Alteryx has partnered with the MS in Business Analytics and Project Management program (MSBAPM) at the University of Connecticut School of Business to host a 2-week data challenge beginning on March 30, 2015. The competition focuses on leveraging the power and flexibility of the Alteryx platform along with skills gained in the MSBAPM program to solve the challenge. Students can submit projects as teams of up to four. Finalists will be invited to present their projects to a panel of distinguished judges, including Alteryx’s Chief Scientist, and various amazing prizes will be awarded.
More information about the data challenge can be found at the website:
MSBAPM Students are exuberantly forming teams to research about the Alteryx software, to understand the platform, how it’s used, and how the software aids analytics. Good luck to the participants!
UConn undergraduates are invited to sign up for the April 4th TechnoEDGE workshop. TechnoEDGE workshops are designed to provide students with technology training that focuses on reviewing, analyzing and formatting data for use in the business environment. A major component of the training is hands-on assignments, group projects and a capstone assignment, each designed to provide practical experience.
UConn School of Business
Saturday, April 4, 2015
Room 122 – Storrs campus
8:00am—3:30pm
Breakfast and Lunch is provided
Register on HuskyCareerLink under “Workshops”
TechnoEDGE is offered as a part of Travelers EDGE Professional Development Institute (PDI), a career readiness training program offered in partnership with Travelers Insurance.
The School of Business has awarded its 2015 Best Paper Award to professors David Weber, from accounting, and Jose Martinez, of finance, for their exceptional research articles that will appear in esteemed academic journals.
Weber’s research paper is titled, “Does SOX 404 Have Teeth? Consequences of the Failure to Report Existing Internal Control Weaknesses.”
“Picking Winners? Investment Consultants’ Recommendations of Fund Managers,” is the title of Martinez’s work. His paper also recently received a prize from the University of Cambridge and the Commonfund Institute.
“Both papers are to appear in very prestigious journals in their respective fields, The Accounting Review and Journal of Finance,” said Sulin Ba, associate dean of academic and research support. “The selection committee was particularly impressed by the public policy implications that came out of both research projects. These implications will have an impact on our society in the years to come.”
The competition was intense this year with 10 nominations, all papers accepted in top academic journals, Ba said.
“Dr. Weber’s paper, co-authored with Ph.D. student Biyu Wu, addresses the requirement that corporations and their auditors publicly disclose internal control weaknesses, which is one of the most contentious and costly provisions of the Sarbanes-Oxley Act,” said Mohamed Hussein, accounting department head. “The study is important because it shows that the enforcement mechanisms surrounding internal control reporting are often ineffective and in some cases may even provide disincentives for compliance.”
“This paper is one of many research projects conducted by the UConn accounting faculty that addressed critical accounting and tax issues,” said Hussein, noting that UConn accounting faculty research has been cited in Congressional hearings and in the British Parliament.
Chinmoy Ghosh, department head in finance, said he is pleased with his colleague’s success.
“Within a very short period of time since arriving at UConn in August 2014, Jose has made a significant contribution in almost every aspect of the job. Acceptance of his paper by the Journal of Finance, the top journal in the discipline, brings tremendous visibility and prestige to the department and the school,” he said. “Very recently, his research has been recognized by a leading academic group in Europe. His style of teaching and knowledge drew great praise from the Risk Management students at both our Hartford and Stamford campuses.
“Jose has also shown great interest and objectivity in various academic issues currently under review by the department faculty. We are very pleased to have him as a colleague and look forward to many more productive years from him at the School of Business.”
The Best Paper Award is funded by the generous support of the Arnold M. Robin & Rochelle M. Robin Excellence Fund.
Related articles:
Professor Jose Martinez Earns Triple Recognition for Work on Dubious Investment Management
Professor David Weber Finds Lack of Enforcement Surrounds Key Provision of Sarbanes-Oxley Act
Professor Jose Martinez Earns Triple Recognition For Work on Dubious Investment Management
A four-year research project by UConn finance professor Jose Martinez found no evidence that recommendations by highly paid investment consultants to institutional investors subsequently outperformed the market.
Professor Jose MartinezIn his paper, “Picking Winners? Investment Consultants’ Recommendations of Fund Managers,” Martinez presents survey data from investment consultants with a combined share of 90 percent of the consulting market, and focuses on the recommendations consultants made for actively managed U.S. equity funds.Continue Reading
On Thursday, February 12th, five teams of Freshmen and Sophomore business students participated in a case competition sponsored by Minneapolis-based Target Corporation. The purpose of the event was to provide case competition training and practice for underclassmen, offering them a terrific opportunity to gain real world business experience with the support of representatives who could provide professional advice.