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Business Briefs (Fall 2010)

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This article first appeared in the UConn Business magazine, Volume 2, Issue 1 (Fall 2010)

business briefs fall 2010Forbes Ranks UConn MBA Program 12th Among Public Business Schools in United States

The University of Connecticut School of Business’ Full-Time MBA Program was ranked in the top 50 U.S. MBA Programs in Forbes’ 6th biennial MBA Program ROI rankings. Among public institutions alone, UConn ranks 12th nationally and is ranked 27th among all U.S.
institutions. UConn’s MBA Program is ranked #1 for ROI among public business schools in New England and is one of only five business schools in New England to be ranked in the top 30 nationally, along with Dartmouth, Harvard, MIT and Yale.

Undergraduate Program Ranked in Top 25 Public Biz Schools by US News & World Report

The UConn School of Business received high rankings in “America’s Best Colleges 2011” by US News & World Report, breaking into the top 25 among public business schools for the first time. The School is now ranked #24 among all public business schools, an increase of 3 spots over last year’s ranking. The School is ranked in the top 50 at the national level, and the Real Estate specialty is ranked at #9 in the nation. UConn
remains the #1 public university in New England.

Master of Science in Financial Risk Management (MSFRM) Program Launched at Stamford Campus

The School of Business officially launched its new program that offers a Master of Science in Financial Risk Management. Referred to as the MSFRM, this Stamford campus degree was several years in development and reflected corporate input which resulted in the program’s unique focus on the practical vs. the theoretical.

The focus on the practical application of existing theories also drove the planned unique classroom experience, which relies to a great extent on “Professionals in the Classroom”. This group of about 15 senior executives in the financial industry will appear in classrooms to add relevant, concrete examples of the application of theory to real world situations.

Designed as a part time, evening program so executives can attend while maintaining their positions in the financial industry, the program takes 15 months to complete and must be taken “lock-step.”

The focus on the practical application of theory, coupled with the involvement and guidance of GARP (Global Association of Risk Professionals), has resulted both in corporate interest in providing projects to students as well as prospective employment opportunities to program graduates. For more information, please visit msfrm.uconn.edu.

Bachelor of Science in Business Administration to be Offered at the Regional Campuses

The University of Connecticut School of Business announces the Bachelor of Science in Business Administration (BSBA), a new undergraduate degree program offered at the Hartford, Stamford, and Waterbury campuses. The Bachelor of Science in Business Administration (BSBA) provides a general business major to regional campus students.

This interdisciplinary general business major will provide another option for regional campus students interested in a business major. Previously, only a Bachelor of Science in Business and Technology (BSBT) was available to undergraduate students at the regional campuses. Although the core business curriculum of the BSBA is similar to the BSBT, the BSBA requires additional work in marketing, finance and management.

The primary goal of the proposed BSBA is to prepare business leaders who are effective general managers. Therefore, this major will prepare students for broad based careers in nonprofit and public sector organizations as well as for profit businesses. Regional campus students, faculty and staff, community college faculty, high school guidance  counselors and the Connecticut business community overwhelmingly support the addition of the new general Business Administration major at these regional campuses.

Well over 90% of students surveyed at the Hartford, Stamford, and Waterbury regional campuses responded positively to the proposal of offering a general Business Administration major as a second option in addition to the Business & Technology major. Over 90% of Connecticut community college respondents also supported this degree.

Upon graduating with a Bachelor of Science in Business Administration, students are well prepared for professions requiring general management competencies and knowledge. “Graduates earning business administration/management degrees saw a 4.7 percent increase to their average salary offer, raising it to $45,887. These graduates are also consistently high in demand,” according to responding National Association of Colleges & Employers (NACE) Job Outlook 2009 employers. Business administration and management is also ranked top 5 in demand according to this research. For more information, please visit The Office of Undergraduate Advising.

MBA Program Redesign Features a Career-Centric Curriculum

The School of Business is launching its highly anticipated redesign for the full-time MBA program in Storrs this Fall. The new structure features a more personalized, career-centric curriculum that gives MBA candidates a larger say in their academic plan.

Designed over a two-year period, the new curriculum will restructure traditional concentrations such as finance, management, marketing, information technology and real estate, allowing students to develop more individualized plans of study within those broader disciplines.

The underlying principle of the redesign is to have students more closely tailor their course work to their long-term career paths, preparing for a job market where increased cross-specialization is becoming more prevalent. The concept of individualized concentrations is on the cutting edge of MBA curriculum design and is currently rare among MBA programs across the country.

The new design also requires students to participate in experiential learning projects in one or more of the Business School’s learning accelerators. Not only does the new curriculum keep UConn’s MBA education relevant and fresh, but it also significantly differentiates UConn MBAs in the marketplace – providing them with an extra edge for professional success. For more information, please visit mba.uconn.edu.

The UConn School of Business Institutionalizes Strategic Global Partnerships

The University of Connecticut School of Business has been working to solidify strategic global partnerships with international business schools. Although the School has enjoyed
relationships with international schools in varying capacities, this past year, the School has taken the important step in institutionalizing the partnerships to further gain international recognition, generate top-quality academic research on global business problems, and have a real-world impact on business practice and education worldwide.

The School currently has official partnerships with the following institutions:

  • Australian National University
    Canberra, Australia
  • Beijing Jiaotong University, School of Economics and Management
    Beijing, China
  • Indian Institute of Management
    Lucknow, India
  • Management Development Institute
    Gurgaon, India
  • National Taiwan University
    Taipei, Taiwan
  • Sabanci University, Faculty of Management
    Orhanli-Tuzla, Istanbul
  • Shandong University, School of Management
    Shandong, China
  • S.P. Jain Center of Management
    Dubai, Singapore
  • United Arab Emirates University, College of Business and Economics
    Al-Ain, United Arab Emirates

UConn Unveils Degree of Risk

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Stamford Advocate

With the public skittish about the the nation’s financial markets, the University of Connecticut believes the time couldn’t be better to introduce its new master’s degree program in financial risk management. The UConn School of Business this fall will start offering the 16-month program at the Stamford branch through a series of night and weekend classes. The UConn-Stamford campus hosted a reception to unveil the program Wednesday evening. READ MORE

Global Association of Risk Professionals Partners With UConn to Launch Master of Science in Financial Risk Management

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WXVT15

The Global Association of Risk Professionals (GARP, www.garp.org) announced that, working through its Partnership for Risk Education, it has formed a successful collaboration with the University of Connecticut’s Business School (UConn) for the development of a new Master of Science in Financial Risk Management (MSFRM) that will focus on a real world approach to risk management theory.

Announcing the Master of Science in Financial Risk Management

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The University of Connecticut School of Business is proud to announce the Master of Science in Financial Risk Management (MSFRM) Program located at the School’s Stamford, CT campus. The MSFRM Program is designed for finance professionals involved in creating economic value by using financial instruments.The Master of Science in Financial Risk Management is designed for business professionals who want to enhance their careers by fully understanding how to identify and manage various types of financial risk. Learn More.

Irina Moore ’04 MBA Discusses Leadership at NAWMBA Meeting

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This article first appeared in the UConn Business magazine, Volume 1, Issue 1 (Summer 2009)

The Stamford UConn Chapter of the National Association of Women MBA (NAWMBA) hosted the first meeting of the year on Wednesday, April 8 at the UConn Stamford campus.

The meeting’s theme was “Leadership: Today and Tomorrow” featuring Irina Tsikhelashvili Moore ‘04 MBA, UConn MBA graduate featured in the UConn 40 under 40 awards.

Moore participated in edgelab and received the GE Edison Award for her significant contributions to GE. Today, she is the vice president of risk management for GE Money, the corporation’s consumer and small financial services unit.

Moore discussed issues of women in leadership in corporate America and how she found success in overcoming obstacles. She reinforced that no matter if you are male or female, to be accepted as a true leader you must be an expert in the field you are leading and treat all employees with equal respect. She sets very high expectations for her team and works side by side with them to achieve the set goals.

The meeting also included discussions about women in leadership roles. The event was attended by business alums, current  undergraduate students, faculty, and MBA students.

Nayden ’76, ’77 MBA offers Wisdom, Insight on the Global Economic Crisis

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This article first appeared in the UConn Business magazine, Volume 1, Issue 1 (Summer 2009)

Denis J. Nayden ’76, ’77 MBA, was invited as a guest speaker at a special forum on the global economic crisis. Held at the UConn Storrs Campus on Wednesday, February 11th, this informative and provacative discussion drew an audience of over 100 students, faculty and staff. Continue Reading

John Y. Kim ‘87 MBA Speaks at Undergraduate Commencement ‘09

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This article first appeared in the UConn Business magazine, Volume 1, Issue 1 (Summer 2009)

John Y. Kim ’87 MBA is President and Chief Executive Officer of New York Life Investment Management, LLC (NYLIM). Mr. Kim has an impressive 25-year history as a business executive in the investment management and retirement plan industries. In recognition of Mr. Kim’s exceptional professional success and contributions to the community, the UConn School of Business inducted him into its Hall of Fame in 2001. In 2006, Mr. Kim received the prestigious Pinnacle Award through the Asian American Business Development Center’s Outstanding 50 Asian Americans in Business Award program.

 

On May 10, 2009, John Y. Kim ’87 MBA, distinguished UConn School of Business alum and Chief Executive Officer of New York Life Investment Management, LLC (NYLIM), addressed an audience of over 500 graduating seniors, their families, and University faculty and staff at the Gampel Pavilion at the UConn campus in Storrs, CT.

Kim, a self-described “recession graduate” of the 1980s, notes that like today’s graduates, he “came into the job market just as this country was  experiencing its last big recession” and that despite the climate then and now, he truly believes that “the future holds tremendous opportunities.” He offered the graduates some words of advice – “continue to learn, work hard and be passionate in everything you do.”

Kim also noted that “hard work is perhaps not a sufficient criterion for success but certainly a necessary one,” both to become a successful CEO as well as giving back through philanthropic activities. On this note, Kim spoke to the hard work and value of the UConn Foundation Board of Directors where he has just completed his 10-year term limit. The UConn Foundation is a philanthropic, tax-exempt corporation that operates exclusively to promote the educational, scientific, cultural, and recreational objectives of the University of Connecticut.

Kim also spoke to the importance of seeking a life of continuing education. Addressing the graduates, he charged them to “develop and secure passion in your life starting with your career.” Happiness, productivity and pride in oneself as well as the institutions and people around us go hand in hand, he affirmed.