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In this issue: |
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News Briefs |
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Smith School Announces Winners in First
M&A Competition |
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Smith Delivers
"Most Valuable Executive MBA Program" in
China |
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Alumni Carly Fiorina and Kevin Plank
Establish $175K Entrepreneurship Fund
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Smith Ranked Among Nation’s Best for
Entrepreneurship
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Smith MBA Startup Lands Target Deal --
“Wits & Wagers” on Store Shelves Now
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MBA Students and Alumni Gather for 5th
Annual Alumni Mentor Program Kickoff
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Smith Holds 18th Annual Alumni Golf
Tournament
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Jeremy Rifkin Speaks at Smith on the
European Dream |
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Smith MBAs Attend National Society of
Hispanic MBAs Conference and Career Expo |
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2008 Smith Leadership and Excellence
Awards
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Upcoming
Events |
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Technology Start-Up Boot Camp, Oct. 19 |
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LTSCM
Industry Day, Oct. 26 |
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PTMBAA Welcomes CIO of Fannie Mae, Oct.
28 |
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National Women MBA Conference, Nov. 2-3 |
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The New New Internet Web 2.0 for
Business, Nov. 1 |
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CIBER Innovation and Globalization Conference Nov. 8-9 |
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CIO Forum: Technology and Innovation,
Nov. 9 |
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University
Update: Maryland Joins Research Initiative to Help
Students Learn to Program "In the Clouds;"
Safety and Security Efforts Enhanced at UM;
Flu Vaccine |
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Smith
School in the News |
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Spotlights:
Kecia Hansard,
OCM; Rita Mullane, SAWMBA |
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Faculty Up
Front:
Peter Morici, Larry Gordon |
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Smith
Business Close-Up on MPT:
Oliver Schlake on Social Networking |
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Technology@Smith:
WiFi on Campus |
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Bulletin Board:
Van Munching Hall Site Improvements,
Business Ethics Lecture Series |
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News
Briefs |
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Smith School Announces Winners in First M&A
Competition
The Smith School of Business is pleased to
announce the winners of its first Mergers &
Acquisitions Competition, held Oct. 11-12.
The event, organized by Smith’s MBA Finance
Association, challenged teams of MBA
students from leading business schools to
create and deliver M&A pitches to a panel of
executives from Wall Street firms including
Credit Suisse and Lehman Brothers. Columbia
Business School won first prize, $5,000.
University of Wisconsin-Madison School of
Business MBA students earned second prize,
$2,500; and University of Rochester’s Simon
Graduate School of Business students won
third prize, $1,000.
►Full Story
Smith
Delivers "Most
Valuable Executive MBA Program" in China
The Smith School of Business'
executive MBA program in China is No. 1
among the "Most Valuable EMBA Programs"
jointly ranked by the World Executive
Weekly, The Mundell magazine and the
World Brand Laboratory. The three
organizations are subsidiaries of the World
Executive Group, an organization established
in 1999 and chaired by Nobel Economics
laureate Robert A. Mundell. University of
Maryland Professor Thomas C. Schelling, a
2005 Nobel Economics Prize winner, accepted
the award honoring the Smith Executive MBA
with UIBE program at the "World Executive
Summit 2007" in Hong Kong Sept. 20.
►Full Story
Smith Ranked Among Nation’s Best for
Entrepreneurship
The Smith School programs are rated
among the top in the nation for
entrepreneurship, according to a ranking by
Entrepreneur magazine and The
Princeton Review. The ranking, which
will be published in the November issue of
Entrepreneur, rates Smith’s
undergraduate program No. 14 and its MBA
program No. 18 in the nation. The
recognition comes on the heels of a similar
ranking by Fortune Small Business in
that magazine’s September issue. The fifth
annual “Top Entrepreneurial Colleges for
2007” — a list of 50 schools: 25
undergraduate and 25 graduate — were
compiled from a survey of 900 schools and
evaluated based on key criteria in the areas
of academics and requirements, students and
faculty, and outside-the-classroom support
and experiences. This year, Entrepreneur
and The Princeton Review added
new questions to reflect more
program-specific elements.
►Full Story
Alumni Carly Fiorina and Kevin Plank
Establish $175K Entrepreneurship Fund
Smith alumni Carly Fiorina, former president
and chief executive of Hewlett-Packard, and
Kevin Plank, founder and chief executive of
Under Armour, established a $175,000 alumni
donor endowment fund for the Smith School’s
Dingman Center for Entrepreneurship to
invest in student- and alumni-run companies.
►Full Story
Smith MBA Startup Lands Target Deal -- “Wits
& Wagers” on Store Shelves Now
North Star Games, a Dingman Center
portfolio company, has landed its party
game, “Wits & Wagers,” on the shelves of
Target stores nationwide for the upcoming
holiday season. The Dingman Center helps
students and regional entrepreneurs develop
their businesses. North Star Games was
started and incubated at the center when
founders Dominic Crapuchettes and Satish
Pillalamarri were 2004 Smith MBA candidates.
It is now one of the Dingman Center’s eight
portfolio companies, to which the center
provides funding and advisory services in
exchange for equity.
►Full Story
MBA Students and Alumni Gather for 5th
Annual Alumni Mentor Program Kickoff
Students and alumni gathered together at the
Smith School on Saturday, Oct. 6, for the
5th Annual MBA Alumni Mentor Program
Kickoff. The MBA Alumni Mentor program is a
key component of Smith’s commitment to
bringing real-world career experiences to
current MBA students. Its stated purpose is
to teach MBA students the value of lifelong
networking and to serve as a catalyst for
future business partnerships. The program
provides the opportunity for students to
expand career contacts and cultivate
relationships with the over 500 active
participants.
►Full Story
Smith Holds 18th Annual Alumni Golf
Tournament
This year’s 18th Annual Smith School Alumni
Chapter Golf Tournament, sponsored by Ernst
& Young, brought out 20 teams to participate
and compete on Thursday, Sept. 20. Even
though there were clouds in the sky it was
the perfect day to enjoy a round of golf
with friends. The event started with a
lunch, featured a silent auction and ended
with a dinner that was sponsored by Outback
Steakhouse. It was a day for alumni to
reconnect with each other and raise money
for the school, which goes towards
supporting scholarships, programs and other
initiatives of the school. The day was
filled with laughter and smiles, even when a
shot did not go as planned. The team from
RSM McGladrey has been the defending
champions for the past two years and won
again this year. The team includes Joe
Salisbury, Marc Thomas ‘86, Bob Billig '88,
and Al Weber.
►Full Story
Jeremy Rifkin Speaks at Smith on the
European Dream
Horatio Alger’s American Dream has finally
met his match. Her name is the European
Dream, and she’s here to stay. At least,
that’s what Jeremy Rifkin thinks. Rifkin,
president of the Foundation on Economic
Trends and world-renowned economist, spoke
to approximately 120 MBA students on Oct.
12, offering a glimpse of the globalized
world he says MBAs will enter after
graduation. Rifkin told students the world
has long looked toward the "American Dream"
for guidance in its economic development.
But today, the European Union, uniting 27
countries and over 490 million people,
offers a rival dream. It’s the "European
Dream," one of sustainable development,
quality of life and a “work to live”
attitude.
►Full Story
Smith MBAs Attend National Society of
Hispanic MBAs Conference and Career Expo
Eleven Smith students joined over 7,000
attendees at the 18th Annual National
Society of Hispanic MBAs (HSHMBA) Conference
and Career Expo in Houston, Oct. 4-6, 2007.
Students networked with representatives from
over 300 organizations, received career
search advice and explored internship and
full-time job opportunities. “There were so
many opportunities for students and
professionals,” said first-year MBA student
Jorge Diaz. “I’m glad I was able to go. I
would definitely encourage others to
attend.”
►Full Story
 2008 Smith Leadership and Excellence Awards
Do you know a business leader who has made a
significant and positive impact on the
mid-Atlantic region? The Smith School is now
accepting nominations for the 2008 Smith
Leadership and Excellence Awards, which may
be submitted online. Deadline for
nominations is Wednesday, Nov. 21.
►www.rhsmith.umd.edu/awards
Upcoming Events
Technology Start-Up Boot Camp
Friday, Oct. 19,
UM Stamp Student Union, Grand Ballroom
Should you take the leap into technology
entrepreneurship? What are the best ways to
fund your new venture? Is your incredible
idea a real venture opportunity? How do you
build a "dream team"? What’s the key to a
killer business plan? The University of
Maryland's Technology Start-Up Boot Camp is
an intensive, one-day workshop and
networking event about launching new
ventures. This event is free for
students.
►www.bootcamp.umd.edu
LTSCM
Industry Day
Friday, October 26
UM Stamp Student Union, Grand Ballroom
The Logistics, Transportation and Supply
Chain Management (LTSCM) Society and the
Supply Chain Club (SCC) of the University of
Maryland’s Robert H. Smith School of
Business will host the annual Industry Day,
Friday, Oct. 26. The day will feature an
award ceremony to honor the 2007 “Person of
the Year” — John D. Porcari, secretary of
the Maryland Department of Transportation.
The ceremony will be followed by a lunch
reception, then an afternoon career fair for
Smith logistics, transportation and supply
chain management students, in which
recruiters from about 40 employers will be
on hand to talk about career opportunities.
As secretary, Porcari oversees the Maryland
Department of Transportation, which includes
five modal administrations with 9,000
employees and a $3.7 billion annual budget,
and the Maryland Transportation Authority.
He is responsible for the operations of the
Maryland State Highway Administration, the
Maryland Transit Administration, the Motor
Vehicle Administration, the Maryland Port
Administration, and the Maryland Aviation
Administration. He also serves as chairman
of the Maryland Transportation Authority,
chairman of the Maryland Port Commission and
chairman of the Maryland Aviation
Commission.
►Register Online Now!
PTMBAA Welcomes CIO of Fannie Mae
Sunday, October 28
UM Stamp Student Union, Colony Ballroom
The Part-time MBA Association invites all
MBA students, alumni, faculty, and
administration to attend "Secrets to
C-Level: Leveraging Business Contacts & the
Smith Community to Launch Your Career into
the Executive Stratosphere." The event, to
be held on Oct. 28 at 12 p.m. in the Colony
Ballroom in the Stamp Student Union,
features the executive vice president and
chief information officer from Fannie Mae,
Rahul N. Merchant. Merchant has held these
positions since November 2006. Previous to
working at Fannie Mae, he was the head of
technology and head of global business
technology for Merrill Lynch & Co. This is a
great opportunity to not only hear from a
great speaker, but also to network with
students and alumni. The event costs $10 per
person or $15 per couple and includes a
brunch buffet. Contact Meena Shah with
questions at
shahmn@umd.edu.
►Register Online Now!
The New New Internet: Web 2.0 for Business
Thursday, Nov. 1,
Hyatt Regency, Reston, VA
The Smith School has teamed up with
ExecutiveBiz to present the region’s major
annual Web conference, featuring a
nationally recognized lineup of engaging
speakers and panelists, two tracks for
industry and government attendees, a Web 2.0
application competition, and much more. The
Smith community may register at the
discounted Smith School rate of $495 using
discount code: rhsmith.
►Register Now!
National Women MBA Conference
November 2-3
The National Women Association of Women MBAs
will hold their prestigious annual
conference at the Smith School this year,
featuring keynote speaker Louise Francesconi,
president of missile systems for Raytheon
Inc.
►Register
Online Now!
Innovation and Globalization
Conference
Thursday, Nov. 8 -- Friday, Nov. 9, Van
Munching Hall
Learn how to manage the challenges involved
with research and development, intellectual
property and other concerns related to
innovation and globalization at this
conference sponsored by the Smith School’s
Center for International Business Education
and Research (CIBER).
►Register Now!
8th Annual CIO Forum: Technology and
Innovation
Friday, Nov. 9, Van Munching Hall
How do CIOs inculcate an innovation culture
in the organization? How do they evolve new
business models and new business practices
that are built on the capabilities of new
information technologies? Find out at the
8th Annual CIO Forum, featuring keynote
speaker Lemuel Lasher, CIO and president of
Computer Sciences Corp.’s Office of
Innovation.
►Register Now!
University
Update
►Maryland Joins Research Initiative to
Help Students Learn to Program "In the
Clouds"
The University of Maryland is one of six
universities across the United States
involved in a new research initiative aimed
at exploring a revolutionary programming
paradigm called "cloud computing" using
remote data centers rather than more limited
desktop computers. Google and IBM are
sponsoring this research initiative to
provide students with the highly technical
and complex computer training they will need
as computer programmers in the future.
Corporations fear that without an initiative
like this, there will be a shortage of
skilled employees - a shortage that will
limit their ability to compete with other
corporations around the world.
►Full Story
►Safety
and Security Efforts Enhanced at UM
Safety and security at the University of
Maryland has recently come under scrutiny
due to several recent high profile
incidents. These incidents include a
carjacking (arrest made), hate incidents (Nyumburu
noose and swastika at Fraternity Row), and,
lastly, the Peeping Tom/sexual assault
incidents being handled by the Prince
George’s County Police. During this period,
the Department of Public Safety has become
more adept at providing information about
crimes both on and off campus quickly and
efficiently through the use of more timely
and comprehensive crime alerts, as well as
the text messaging alert system. Together,
these tactics have led to a perception
within the community that crime is on the
rise. This, however, is not true. In 2007,
the campus has seen a significant reduction
in crime compared to 2006 in almost all
categories. Violent crime is down 53
percent, robberies are down 60 percent,
aggravated assaults are down 43 percent, and
lastly property crime is down 31 percent.
►Full Story
►Flu
Vaccine Available at Health Center
Schedule an appointment now with the UM
Health Center for your Flu Vaccine! Call
301-314-8184. Cost is $20 for faculty and
staff, $16 for students and $25 for non-UM
persons. * Note: Please bring a valid
University ID card to receive the student or
faculty/staff prices. Charges can be billed
to your student account or pay by cash,
credit, or Terrapin Express at the pharmacy.
Cash only for non-UM. Visit
www.health.umd.edu/updates.html for more
information.
►Safety
Certification Classes
Campus Recreation Services is now offering
safety certification classes. Learn the
knowledge and skills necessary to prevent,
recognize, and provide basic care for
adults, infants and children! The classes
being offered are:
Wed, Nov. 14, Adult CPR/AED, 5:30 - 10 p.m.
Sat, Nov. 17, Standard First Aid with AED ,
8:30 a.m.- 3 p.m.
Sun, Dec. 2,
Infant/Child CPR, 10 a.m. - 2:30 p.m.
►Register Online now! www.crs.umd.edu
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Smith School in the News |
►Associated Press – Oct. 14, 2007 –
Marketing chair Roland Rust is
quoted in a story about Google’s
advertising strategy.
►Read more
►Baltimore Sun – Oct. 9, 2007 – The
Dingman Center for Entrepreneurship’s
new $175,000 investment fund is profiled
and Dingman’s Melissa Carrier,
director of investments and social
entrepreneurship, is quoted.
►Read more
►WRC-TV NBC 4 – Oct. 9, 2007 –
Finance professor Russ Wermers is
interviewed about planning your
financial future using online
calculators.
►Read more
►Associated Press – Oct. 5, 2007 –
Business professor Peter Morici
is quoted in a story about consumer
confidence rebounding after a Federal
Reserve rate cut.
►Read more
►Lou Dobbs Tonight – Oct. 5, 2007 –
Business professor Peter Morici
is interviewed about the national jobs
report.
►Read more
►World Trade Magazine – Oct. 1, 2007
– Supply Chain Management Center
co-director Sandor Boyson authors
an article on supply chain globalization
and a survey of readers and supply chain
complexity.
►Read more
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More Smith
School in the News ► |
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Spotlights |
Staff Spotlight: Kecia Hansard has been working at the Smith
School of Business for six years. She
started at the school as assistant director
of MBA and MS programs. In addition to
performing general admission functions such
as recruitment, interviews and selections,
she was also in charge of diversity
recruitment. This meant she was working with
all minority groups in the area to spread
the word about Smith. During her time in
this position Hansard was able to coordinate
two large events, specifically geared
towards minority recruitment: The MBA
Symposium and Kaleidoscope.
►Full Story
Student Leadership
Spotlight: Rita Mullane, Co-President,
SAWMBA
The Smith School will be hosting the
2007 National Association of Women MBAs
(NAWMBA) Conference and Career Fair on
November 2-3, 2007. Rita Mullane is
co-chair of the conference and has
worked extensively on coordinating the
event. It is her goal to maximize the
experience for the MBAs both from the
Smith School and from around the world
who are venturing to College Park during
the first weekend of November. Mullane
is originally from Boston and completed
her bachelor's degree in business
administration (BBA) from the College of
William and Mary in information
technology and operations management.
Before coming to Smith, Mullane worked
in development at the Armenian Assembly
of American in Washington, D.C. After
Smith, she is planning to move into
management consulting focusing on
organizational change. In addition to
working as the co-chair of the NAWMBA
Conference, Mullane is also the
co-president of the Smith Association of
Women MBAs (SAWMBA), a VIBE Ambassador
and a Dean's Fellow.
►Full Story
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Smith
Business Close-Up |
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Thursday,
October 18, 7:30 p.m.
Sunday, October 21, 7:30 a.m.
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Can Social Networking Web Sites Help
Your Business?
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 Some
experts say it isn’t what you know, but
who you know that really counts. Do
social networking sites bring
entrepreneurs together to help small
businesses find potential customers and
investors—or are they more hype than
substance?
In this week's edition of Smith
Business Close-Up, Tyser Teaching Fellow
Oliver Schlake discusses the growing
popularity of online sites such as
LinkedIn, the importance of networking
and his take on whether or not virtual
networking is as effective as
face-to-face interaction.
Oliver Schlake is a Tyser Teaching
Fellow at the Smith School,
entrepreneur, researcher, and senior
business consultant and strategic
advisor for leading companies and
government agencies in Europe and
North-America. His publications and
research on scenario-based strategic
planning and innovation strategy have
been featured in leading academic and
practitioner journals worldwide.
Smith Business Close-Up can be seen
bi-weekly on Maryland Public
Television's Your Money and Business.
Watch Oliver Schlake Thursday, Oct. 18
at 7:30 p.m. and Sunday, Oct. 21 at 7:30
a.m. on public television stations
throughout Maryland and the Washington,
D.C., metropolitan region, including:
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■ WMPB-TV (Ch. 67), Baltimore
■ WMPT-TV (Ch. 22), D.C. metro/Annapolis
■ WCPB-TV (Ch. 28), Salisbury
■ WFPT-TV (Ch. 62), Frederick
■ WWPB-TV (Ch. 31), Hagerstown
■ WGPT-TV (Ch. 36), Oakland
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Previous
episodes of Smith Business Close-Up on Maryland Public
Television's "Your Money and Business" can be seen online. |
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| Faculty
Up Front |
►Peter
Morici is MarketWatch Forecaster of the
Month
"WASHINGTON (MarketWatch), Oct. 10, 2007
- To pay the bills, Dr. Peter Morici teaches
MBA students about international economics
and business. For fun, he scours the
economic data and forecasts U.S. economic
data. Morici's unusual hobby paid off in
September when he won the MarketWatch
Forecaster of the Month award, with his
accurate predictions of 10 of the most
closely watched economic indicators."
►Full Story►Larry
Gordon Invited to Testify to Homeland
Security Congressional Committee
Dr. Lawrence A. Gordon, Ernst & Young Alumni
Professor of Managerial Accounting and
Information Assurance, has been invited to
give testimony concerning his research (with
Dr. Martin Loeb) on cybersecurity economics
to the U.S. House of Representatives. His
testimony will be given to a Subcommittee of
the House Committee on Homeland Security at
the end of the month. The Subcommittee that
invited Gordon is working on emerging
threats, cybersecurity, and science and
technology. In commenting on this
invitation, Gordon noted that "this new
dimension to the impact of our research is
certainly gratifying."
►Full Story |
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Technology@Smith |
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►Smith IT
Technote: What’s the story with WiFi on campus?
This note will try to address some of the confusion over
wireless access on campus, and guide you to campus resources
to make the most of what is available to you.
Why so many UMD WiFi networks?
Depending on the kind of wireless device you use,
you might see up to four wireless networks when on campus.
These are:
• umd
• umd-fast
• umd-secure
• umd-secure-fast
The differences between the networks aren’t obvious just
from looking at the network browser when configuring your
computer. ►Find out
more
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October 19, 2007
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Smith School
History
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Desktop videoconferincing is first used in an MBA
class for 40 students working in teams with
students from Indiana University. This course is the
first of many which use technology to link students
at the college with other students and faculty
around the world. |
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►Interactive
Smith School Timeline
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Smith Newslink
MBA is a production of the Office of Marketing
Communications in cooperation with the Masters Programs
Office.
Smith Media
Group
Loretta Goodridge
MBA Candidate 2008
Smith Newslink MBA Editor
Pete Baird
MBA Candidate 2009
Donna Lin
MBA Candidate 2009
Adam Weiner
MBA Candidate 2009
Other Contributors:
Office of Marketing Communications
Office of Smith IT
Send comments or
submissions to:
smithnewslink@rhsmith.umd.edu
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