CIBER’S 1st Annual Global Roundtable

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

No one needs to convince UConn marketing professor Subash Jain that globalization continues to impact MBA program curricula in this new millennium. Jain, director of UConn’s Center for International Business Education and Research (CIBER), believes that dialogue among MBA faculty internationally is central to curricular reform; therefore, he invited deans and senior administrators from leading MBA programs across the globe to discuss these changes.

This inaugural Global Roundtable on Advanced Management Education Reform (GRAMER) promises to be the first of many future roundtables that will encourage experts from leading business schools—this year, ranging from Harvard, MIT, and Columbia University to international stalwarts such as Fudan University (China) and IMD International (Switzerland)—to offer future direction for curriculum innovation.

While participants may have differed in opinions over the skills, competencies, and courses that MBA programs should emphasize to prepare the next generation of global business leaders, they all agreed upon one thing: the time is ripe for examining graduate education anew, especially with respect to the environmental, geopolitical, and technological shifts now impacting industry. “There is a concern that, since the practice of management has changed considerably in the past fifty years, the MBA curriculum at leading universities must always anticipate and address these substantive changes. This roundtable allowed experts from the finest business schools across the world to offer recommendations for curricular revision that reflect the explosive growth in international business,” said Jain.

UConn’s CIBER served as an ideal host for this three-day conference that focused largely on curricular responses to globalization. Under Jain’s direction since 1995, CIBER serves as a resource center for UConn faculty, students, and industry partners who seek knowledge and skills on international issues in order to enhance US competitiveness. In recognition of its excellent global business programs, UConn’s School of Business is one of only 31 US universities to receive a US Department of Education grant to support its outreach efforts. “UConn’s CIBER is a strategic partner to our business programs at UConn, working with faculty so they may help students cultivate a sense of cultural intelligence,” said Chris Earley, Dean of UConn’s School of Business.

After opening remarks by Earley, Jain, and John Stopford, professor emeritus of the London Business School and GRAMER’s co-chair, presenters launched into a range of innovative recommendations for preparing this generation’s business leaders. While some presenters discussed how new technologies are being leveraged to foster virtual, cross-cultural experiential learning, others illustrated the possibilities of dualdegree programs that encouraged US schools to partner with non-US institutions. Understanding that succeeding in the emergent global landscape requires an innovative type of thinking, several presenters explored strategies for teaching students creativity, emphasizing that “creativity is a precondition to being global.” The wide spectrum of ideas generated rigorous discussion throughout the Stamford event, and London Financial Times reporter Michael Skapinker moderated a wrap-up session to offer participants some closure and personal reflection as they press forward to adopt curricular change.

To serve as a catalyst for future roundtables, UConn’s CIBER will be developing a white paper to summarize presenters’ ideas and outline the emergent themes across the wide array of presentations.

While presenters concurred that an MBA education must, as always, prepare graduates to maximize benefits to stakeholders, these presenters also underscored that MBA graduates must be prepared to lead in cross-cultural environments, demonstrate an acute awareness of cultural differences, and demonstrate concern for global sustainability issues, including worldwide poverty and global warming. Discovering ways to develop this mindset among students remains central to UConn’s MBA program and reflects a central part of Dean Earley’s strategic plan: preparing global leaders for the new millennium.

Jain and UConn’s CIBER will participate in future GRAMER conferences to extend the ideas and recommendations that emerged in this inaugural international forum. Jain reflected, “We all recognize that the world and, hence, industry has changed considerably with respect to environmental shifts, geopolitical shifts, and emerging markets. Change is inevitable, and this first-ever conference has positioned UConn and its global competitors well to develop exceptional MBA programs that are responsive to these changes. Here at UConn, CIBER looks forward to contributing tothese strategic curricular changes, so we may give our MBA graduates the competitive advantage they’ll need to be successful.”


   


The Business (School) is Booming

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

Each year, the major news magazines (including BusinessWeek, U.S. News & World Report, Forbes, and others) release a college rankings issue, comparing the overall quality of U.S. and international schools. Candidates for undergraduate and graduate programs use these rankings as one source of information to help them make their final decision.

Each magazine stresses different criteria, some concentrating on job placement statistics or on starting salaries, while others look at the research and academic achievements of faculty, quality of incoming students, or school reputation among peer institutions. Return on investment has recently become an important criterion in several rankings.Continue Reading


Faculty Accolades (Summer 2009)

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

Ackerman Scholars:

The Ackerman Scholar award recognizes significant and continuing all round academic productivity among the faculty of
the School. It is awarded to faculty who are not already supported by Chair or Professorship appointments.

The award is supported by the Ackerman Fund, the School and the departments. The purpose of the Ackerman Fund is to “grant a monetary reward to faculty members who have excelled in classroom teaching, curriculum development, research, outreach to business and state agencies.”

Appointed for the next two years (2000-10 and 2010-11):

Sudip Bhattacharjee, OPIM 

John Knopf, Finance 

Manuel Nunez, OPIM 

Zeki Simsek, Management

Mike Willenborg, Accounting

 

Continuing in their second year:

Robert Bird, Business Law

Robert Day, OPIM

Lucy Gilson, Management

Girish Punj, Marketing

 

Annual Faculty Awards:

Best Paper:

Sulin Ba, Jan Stallaert, Zhongju Zhang, “Online Price Dispersion: A Game Theoretic Perspective and Empirical Evidence,” Information Systems Research.

 

Best Paper Honorable Mentions:

Joseph Golec, Shantaram Hegde, “Pharmaceutical R&D Spending and Threats of Price Regulation, Journal of Financial and Quantitative Analysis (John A.Vernon, co-author).

Manuel Nunez, Robert Garfinkel, “Efficient Short Term Allocation and Reallocation of Patients to Floors of a Hospital During Demand Surges, Operations Research (Steven Thompson and Matthew D. Dean, co-authors).

Michael Willenborg, “Does Auditor Reputation Matter? The Case of KPMG Germany and ComROAD AG, Journal of Accounting Research (Joseph Weber and Jieying Zhang, co-authors).

Dmitry Zhdanov, “Designing Intelligent Software Agents for Auctions with Limited Information Feedback,” Information Systems Research (Gediminas Adomavicius and Alok Gupta, co-authors).

 

Research Excellence:

Co-winners Jim Marsden and Jack Veiga

 

Graduate Teaching:

Tri-winners Mike Willenborg, Gene Salorio and Gary Powell

 

Undergraduate Teaching:

Co-winners Gene Salorio and Zeki Simsek

 

Teaching Innovation:

Co-winners Girish Punj and Mary Caravella

 

On May 5, Dr. Kathleen Dechant, Management Department, delivered a keynote address at the Female  Entrepreneurship Program sponsored by the United Emirates Center for Innovation and Entrepreneurship. Dr. Dechant’s participation in the program was the first initiative undertaken between the business schools of United Arab Emirates University and the University of Connecticut under its recently signed Memorandum of Understanding encouraging joint projects, research and teaching among faculty.

In an analysis of 26 core finance journals covering 17,601 authors and 28,158 papers published over 1959-2008, Shantaram Hegde, Professor of Finance and Associate Dean of Graduate Studies, was ranked at #162 (with 24 appearances in those journals); the other two Finance colleagues ranked are: Tom O’Brien at #267 (19 appearances) and Chinmoy Ghosh at #628 (13 appearances). In another analysis of seven leading finance journals covering 8,975 authors and 13,305 papers published over 1959-2008, Shantaram Hegde was ranked at #375 (with 10 appearances in those journals); the other Finance Department colleague ranked is Tom O’Brien at #900 (6 appearances).

Kevin McEvoy, Instructor-in-Residence in the UConn School of Business Marketing Department, Stamford Campus, has been awarded the 2009- 2010 University of Connecticut Teaching Scholar Award. This is the first year that the Institute for Teaching and Learning has given a Teaching Scholar Award for exemplary teaching by an in-residence or non-tenured faculty member. Also, on Friday, December 12, 2008, Kevin McEvoy was awarded the Delta Pi Epsilon Best Conference Presentation for 2008. His paper, entitled “First-Year Workplace Learning Experiences of New MBA Marketing Graduates”, was presented at the American Educational Research Association Annual Conference, 2008. The paper considers experiential learning in the profession by Marketing MBAs. All award nominations were peer reviewed.

School of Business Dean P. Christopher Earley was recently elected as a Fellow of the Association for Psychological Science (APS). Fellow status is awarded to APS members who have made sustained outstanding contributions to the science of psychology in the areas of research, teaching, and/or application. Previously known as the American Psychological Society, the APS is a nonprofit organization dedicated to the advancement of scientific psychology and its representation at the national and international level. The Association’s mission is to promote, protect, and advance the interests of scientifically oriented psychology in research, application, teaching, and the improvement of human welfare. APS has over 20,000 members and includes the nation’s leading psychological scientists and academics, clinicians, researchers, teachers, and administrators. APS membership includes all fields of Psychology as well as collateral fields such as Business, Sociology, and Communications. There are approximately 2,000 APS Fellows out of the total membership.

Dr. Katharine Pancak, Professor in Residence of Finance and Real Estate, and Dr. Richard Watnick, Associate Professor of Mathematics, will receive the the 2009 UConn Stamford Campus Faculty Recognition award. This faculty award

recognizes the “sustained outstanding achievements in teaching, research and/or services benefiting the Stamford Campus.” The 2009 UConn Stamford Campus Faculty Recognition Award, Staff Recognition Award and Town and Gown Award will be presented on Wednesday, August 26th, at the Town Hall Meeting, in the Gen Re Auditorium, at 11 a.m. to 12:00 noon.

Professor Wayne Bragg was selected as the 2009 Executive MBA Outstanding Professor by the Executive MBA Class of 2009. This annual award, voted by the graduating EMBA class, recognizes EMBA professors who have outstanding teaching skills and concern for students’ learning. This is the second year in a row, and fourth overall, that Wayne has been voted the Outstanding Professor by the EMBA students.

High school seniors were awarded merit scholarships recognizing academic excellence, contributions to school and community, and potential for continued achievement at the Day of Pride and Nutmeg Scholars Spring Banquet, held

on Tuesday, March 3. Seanice Austin, Director of the Office of Diversity Initiatives, and Dr. Richard Kochanek, Emeritus Professor in the Accounting Department, were recognized by the students as mentors.

Stanley F. Biggs, Professor of Accounting, received the Outstanding Educator Award in the Auditing section of the American Accounting Association. This award recognizes outstanding contributions to audit education in form of exemplary contributions in research or teaching over a sustained period of time.

Dr. Murphy Sewall, Professor of Marketing, has been elected to the University Senate for a three-year term beginning July 1, 2009.


   


Business Briefs (Summer 2009)

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

The University of Connecticut MBA team placed 1st in the First Annual Student Business Case Competition presented by the National Black MBA Association (NBMBAA) Westchester Greater Connecticut Chapter held at the UConn Stamford campus on Saturday, May 2nd. The winning team, receiving a prize of $8000, consisted of first year MBA students Richard Martinez, Katharine Mongoven, Abiodun Obajinmi, Brian Rozental and Yingyong Techarungnirun. Continue Reading


Message from the Dean (Summer 2009)

Christopher Earley

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

It is a pleasure to introduce you to the first edition of  UConn Business.

This publication affords us an occasion to share with you our many accomplishments here in the School of Business. As you know, these are challenging times for business in general, and business schools are not unaffected.  Since the business of education is to prepare leaders for the future, I view the current challenges as an opportunity to reinforce our core mission, which is to be a globally recognized provider of exceptional managerial and business leadership. I believe we will fulfill that mission in transformative ways that will ensure our continued success as an educational center of excellence.

Throughout the articles in this edition, you will notice that globalization is a recurring theme. To prepare students to excel in this emerging global village, we are working to cultivate their global mindset; graduates with this comprehensive way of thinking will not only better understand who they are, but also understand how others will respond to them.

Also, we’re not only developing international student/faculty experiences and exchanges, but expanding our international partnerships with other universities, especially in countries that we have previously overlooked. Strengthening these international partnerships is an essential part of building our brand, as we promote our school’s best practices. With these efforts, our business school continues to differentiate itself and demonstrate to students and employers the value-added educational experience that UConn offers.

We’re pleased to report the change and rise in our national rankings as well.

I’m very grateful to my predecessors, to the previous deans who have done a tremendous job of enhancing the quality of our programs. The rankings, certainly at the MBA level, reflect our desire to keep the program a very selective one. We continue to attract the highest quality of students, and one way we do this is through a commitment to offering innovative programs. Our emphasis on experiential learning gives our programs their distinctiveness, and students and employers see tremendous value in their investment with us.

Ultimately, the quality of an institution is judged on the accomplishments of its graduates, and each volume of UConn Business will highlight some of our graduates’ excellent achievements. In addition, we will honor our alumni, who are outstanding, highly accomplished business and community leaders. They are truly the backbone of our school.

I trust that you will find this, and future, editions of UConn Business to be informative, and that this magazine will affirm your pride and investment in UConn’s School of Business.

 

P. Christopher Earley
Dean
UConn School of Business