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News
Briefs |
Dean Howard Frank to Step Down in 2008
 Howard
Frank has announced that he will step down as
dean of the Smith School of Business at the
end of the current academic year. Frank will
leave his post June 30, 2008, to begin a sabbatical
and will return to the Smith School as professor
of management sciences in the fall of 2009.
“I look back with great pride on what has
been accomplished during my tenure as dean,”
said Frank. “Over the past decade, thanks to
incredibly dedicated faculty, staff, alumni
and friends, the business school has been transformed
and is now recognized among the world’s best.
I look forward to continuing to contribute to
the Smith School’s growth and prosperity in
the years ahead.”
“Dean Frank came to Maryland with extraordinary
accomplishments in business, government and
academe. He created a technology savvy business
school to lead in entrepreneurship and globalized
business education,” said University of Maryland
President C. D. (Dan) Mote Jr. “Howard’s focuses
on undergraduate education and research are
both unusual and highly successful. The remarkable
and varied transformations in the Smith School
over the past decade clearly are a credit to
his leadership,” said Mote.
►Full Story
U.S. News Ranks Smith School’s Undergraduate
Program Among Nation’s Best
The undergraduate program at the Smith School
is ranked No. 21 in the nation, according to
the latest U.S.News & World Report college
ranking report, “America’s Best Colleges 2008,”
released Aug. 17. The Smith School also ranked
highly in a number of business specialty categories
— with its Management Information Systems and
Supply Chain Management/Logistics programs listed
among the nation’s top 10 and a total of eight
areas listed among the nation’s top 20. The
Smith School’s specialty rankings include:
No. 7 – Management Information Systems
No. 7 – Supply Chain Management/Logistics
No. 11 – Entrepreneurship
No. 12 – Quantitative Analysis
No. 16 – Management
No. 16 – Production/Operations Management
No. 18 – Finance
No. 18 – Marketing
►Full Story
Smith Welcomes New MBA Students
Members of the new full-time MBA class kicked
off their Smith School experience Tuesday, Aug.
14, 2007, the first day of a weeklong orientation
to introduce them to Smith and the programs
they’ll be immersed in for the next two years,
as well as provide a chance to meet faculty,
staff and each other. The full-time MBA
class of 2009 consists of around 130 students—38 percent female, 36 percent
international. Fourteen students are already Terps, with undergraduate degrees from UM. John
Bullock, second-year MBA student and MBA Association
vice president, welcomed students, saying, "Over
the next two years the level of self discovery
you will experience will blow your mind."
The new part-time MBA students also gathered
for orientation last weekend.
►Full Story with Photo Highlights
Smith Team MBA Cleans up Fort Washington Park
Aug. 21, during the final day of MBA orientation,
students were bused to Fort Washington Park
where they spent time cleaning up the park,
which is a historic fort and part of the National
Park Service situated in Maryland along the
Potomac River. The heavy lifting, weed-whacking,
shoveling, spading, raking, scraping, tree-chopping,
path-clearing, and canon-scrubbing really paid
off. At the end of the day, Fort Washington
Park never looked better, and Smith Team MBA
was closer than ever.
►Full Story with Photo Highlights
 Smith
Welcomes 24 New Doctoral Students
There are 24 new students hailing from nine
countries entering Smith's PhD program this
fall. The doctoral program is competitive with
the world’s top business school, attracting
excellent students in every discipline and averaging
approximately 25 applications for every student
admitted. Currently, there are 100 students
in the program. This year, seven students graduated
in May and nine students graduated in August.
►Full Story
University Update
►UM
Research Funding Jumps Past $400 Million Mark
Research awards to the University of Maryland,
College Park surged to an all-time high of $407
million during the fiscal year that ended June
30, 2007. This is $57 million more than last
year's total of $350 million in sponsored research.
These funds for research, training and outreach
and other public service activities come from
a variety of sources, including the federal
government, state government, corporations and
foundations.
►Full Story►UM
Picked in Top 15 Green Colleges and Universities
The University of Maryland has been named
one of the Top 15 Green Colleges and Universities
by Grist, an online environmental magazine
based in Seattle. The only state flagship university
on the list that also includes schools in other
countries, Maryland was lauded for student willingness
to raise fees to pay for clean energy and other
energy-conserving measures. Said Grist,
"Students at this College Park campus recently
sent a loud-and-clear message about sustainability:
some 91 percent of undergrads voted to raise
student fees in order to pay for clean energy,
when tuition and fees are already at record
highs. If implemented, the fee increase would
eventually raise enough money to make UM the
largest higher-ed purchaser of renewable energy
in the U.S. UM -- one of the many schools committed
to going carbon neutral -- is also doing what
it can to reduce energy use: a combined heat-and-power
plant completed in 2003 received the U.S. EPA's
Energy Star award, and motion sensors that automatically
shut down unused office equipment are currently
undergoing testing."
►Full Story
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Smith School in the News |
►Forbes.com
– Aug. 21, 2007 – Business professor Peter
Morici is quoted in a story about a rush
on Treasury bills because of a market downturn.
►Read more►MSNBC
“Hardball with Chris Matthews” – Aug. 15,
2007 – Business professor Peter Morici
debates whether America should boycott Chinese
goods with a Wall Street Journal editorial board
member.
►Watch online
►Pittsburgh
Post-Gazette – Aug. 14, 2007 – Business
professor Peter Morici writes and opinion
article about how hedge fund and private equity
play into the market meltdown.
►Read more
►NPR
“All Things Considered” – Aug. 10, 2007
– Business professor Peter Morici is
interviewed about the Federal Reserve pumping
money into the banking system to save sliding
markets.
►Read more and listen online
►Dow
Jones – Aug. 12, 2007 – Finance professor
Albert S. “Pete” Kyle is quoted in a
story about the role Fannie Mae and Freddie
Mac could play in bailing out the ailing mortgage
market and the economy.
►Read more
►NBC4
– Aug. 10, 2007 – Finance professor Albert
S. “Pete” Kyle is interviewed in a story
about the subprime mortgage market and the credit
crunch.
►Watch online
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School in the News ► |
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Smith
Business Close-Up |
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Thursday,
August 23, 7:30 p.m.
Friday, August 24, 6:00 a.m.
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| Social Responsibility: The Importance of Doing Good
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 Social
venturing is a popular buzz word today. Why are more and
more people concerned with being socially responsible today?
In this edition of Smith Business Close-Up, Melissa Carrier,
associate director of the Dingman Center for Entrepreneurship,
discusses the role social responsibility plays in business,
how people can become more socially responsible and what
we are learning from local businesses about corporate social
responsibility. Carrier is a recognized expert in acquisitions
and divestitures, venture investments, partnerships, new
product launches, system implementations, and marketing.
Smith Business Close-Up can be seen bi-weekly
on Maryland Public Television's Business Connection.
Watch Melissa Carrier on Thursday, August 23 at 7:30 p.m. or
Friday, August 24 at 6:00 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 Business Connection can be seen online. |
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| Faculty
Up Front |
| The Smith School is pleased to welcome the following
new faculty for the 2007-2008 academic year.
Accounting and Information Assurance
♦ Shijun Cheng, Associate Professor, PhD University
of Pittsburgh
♦ Progyan Basu, Tyser Teaching Fellow, PhD University
of Nebraska
♦ Colin Linsley, Tyser Teaching Fellow, PhD University
of Essex, Colchester, UK
Decision and Information Technologies
♦ Mahesh Kumar, Assistant Professor, PhD Massachusetts
Institute of Technology
♦ Xiaoqing Wang, Assistant Professor, PhD University
of Pittsburgh
♦ Peter Weiss, Tyser Teaching Fellow, DSC George
Washington University
Finance
♦ Mark Taranto, Tyser Teaching Fellow, PhD University
of California-Berkeley
♦ Anna Obizhaeva, Assistant Professor, PhD Massachusetts
Institute of Technology
Logistics, Business and Public Policy
♦ Cristian L. Dezso, Assistant Professor, PhD New
York University
♦ Yan Dong, Assistant Professor, PhD University of
Maryland
♦ T. Leigh Anenson, Visiting Assistant Professor,
Georgetown University
Management and Organization
♦ Benjamin Hallen, Assistant Professor, PhD Stanford
University
♦ Paolo Prochno, Tyser Teaching Fellow, MBA Vanderbilt
University, PhD INSEAD - Fontainebleau, France
♦ Michael Lawless, Tyser Teaching Fellow, PhD University
of California-Los Angeles
Marketing
♦ Michael Trusov, Assistant Professor, PhD University
of California-Los Angeles
♦ Yogesh Joshi, Assistant Professor, PhD University
of Pennsylvania
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Technology@Smith |
►Wondering
about Windows Vista?
Vista is currently being tested against all of the PC hardware
and software that the Smith School offers/supports. Due
to a lack of support for Vista by third party software vendors
(Novell among others), we do not currently have 100% compatibility
between Vista and our environment. We will continue testing
as hardware and software vendors release updates that move
us toward that 100% compatibility. Until that time when
we determine Vista is compatible with our environment, we
will not support Vista on any PC. The Office of Smith IT
will keep you updated as we evaluate Vista and determine
the optimal strategy in rolling Vista out to the community.
Vista upgrade advisor information can be found on Microsoft's
Web site.
►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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Bulletin Board
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8 Spotlights Installed Today Outside VMH
Entrance
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Top
10 Summer Reading List for Business Leaders
Be sure to check out the "4th Annual Top 10
Summer Reading List for Business Leaders," as
provided by your colleagues at the Smith School!
Buy the books from our links to Amazon.com and
support Smith School scholarships.
►Complete
"Top 10" with Reviews and Links |
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Have an item for the bulletin
board?
Send e-mail to
aleyl@rhsmith.umd.edu
for consideration.
First-years, send your summer photos!
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August 23, 2007
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Smith School
History
1978
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The College of Business &
Management is the first at UM to gain a separate
undergraduate admissions program, allowing the
school to become more selective in its process.
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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
OPEN POSITIONS!
Loretta Goodridge
MBA Candidate 2008
Other Contributors:
Office of Marketing Communications
Office of Smith IT
Send comments or
submissions to:
smithnewslink@rhsmith.umd.edu
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