The words “you’re hired” were music to the ears of Towson University student Thomas Slemp, this year’s winner of the Associate competition.
Now in its tenth year, the signature contest of the College of Business and Economics is based on “The Apprentice,” the reality television program where 16 contestants competed for the “ultimate job interview” with Donald Trump.
In Towson’s version, eight students vie for the prize of a guaranteed job with the sponsor company, in this case SECU, whose CEO, Rod Staatz, served as the competition’s “Donald.”
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Students from the Iota Zeta Chapter of co-ed business fraternity Beta Alpha Psi placed in two best practices competitions at the organization's Atlantic Coast conference in Hartford, Conn., March 21 through 22.
The team took home first place out of dozens of regional chapters for its collaboration projects with Pace University. The team also won third place in the leadership category. The first place winners will move on to compete at the national meeting in Atlanta later this year.
The students who represented Towson University at the conference were Cameron Barnett, Ursule Essangabela, Marta Niguse, Ben Smith, Shannon Hagerty, Eric Pfautz, An Tran and Ammar Muhammed.
Towson University Marketing Department Chair Judy Harris has earned the Regents’ Faculty Award for Teaching from the University System of Maryland.
Harris, who has taught at Towson since 2006, also serves as director of curriculum and assessment for the college. She will be recognized at a ceremony during an April Board of Regents meeting at the University of Maryland, Baltimore County.
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The CBE kicked off the tenth anniversary of its Associate program on Feb. 11 with introductions from the eight candidates and the 2014 "Donald Trump," SECU Maryland CEO and President Rod Staatz.
Team Quality Control and Risky Business were presented their first case study from Berry Plastics. The teams are tasked to come up with a new layout for 62,730 square feet of space in one of the company's warehouses where it stores raw materials in addition to products for one of its largest customers, KRAFT Foods.
The teams will present their solutions to this supply chain management case on Feb. 18 at 5 p.m. in Stephens Hall, room 216. One member from the losing team will be up for elimination.
Teams will continue to present weekly cases until the competition comes down to four students. After one-on-one interviews with the presenting company, SECU Maryland, the candidates will be narrowed down to two finalists who will take on one final challenge for the ultimate title of The Associate on April 1.
The 2014 edition of the Baltimore Business Review is now available online (PDF).
More than 30 inner city school children from Baltimore visited CBE on Nov. 2 to tour Towson's campus and learn about options for college. CBE alumni Ife Odetoya and Simi Olabisi spoke to the kids about their experiences along with professors Lasse Mertins and Plamen Peev.
The school kids are are part of the Mentoring Male Teens in the Hood program.
Mentoring Male Teens in the Hood is a group mentoring program that encourages at-risk youth to stay in school, work hard, set goals and strive for success.
The CBE's signature business case competition The Associate returns this spring for its tenth anniversary. CBE has tapped Rod Staatz, president of SECU to guide the competition as lead judge.
Students will compete for the chance to be offered a job by SECU.
For the second year, a team of five CBE students represented Towson University at the annual Gill/McDaniel College Finance Case Competition, which was held this week. The Towson team placed fourth out of seven schools. The other competing schools included Juanita College, Morgan State University, Gettysburg College, Elizabethtown College, Penn State-Mont Alto and McDaniel College.
The student team members are Nicholas Moreland, Daniel Marland, Mark Misner, Justin Kennell, and Nhat Nguyen.
More than 200 students, faculty and business professionals gathered on the campus of Towson University yesterday, as former U.S. Senator Paul Sarbanes (D-Maryland) took the podium in the University Union to discuss his watershed Sarbanes-Oxley Act and its continually rippling effects.
Hosted by Beta Alpha Psi-Iota Zeta, the Department of Accounting and the College of Business and Economics, the panel discussion provided an opportunity for attendees to network, meet Sen. Sarbanes and hear his behind-the-scenes account of drafting the historic Sarbanes-Oxley Act 11 years ago.
The CBE is thrilled to welcome 951 new undergraduate students, 141 new graduate students and 10 new faculty members to Stephens Hall for the fall 2013 term.
There are a number of exciting events lined up this term starting with the Accounting Open House on Sept. 13.
Our first panel discussion, Women in Leadership, will take place Sept. 25 in Stephens Hall.
On Sept. 26, Beta Alpha Psi-Iota Zeta and the Department of Accounting are hosting An Afternoon with Senator Paul Sarbanes, co-sponsor of the landmark Sarbanes-Oxley Act of 2002.
October's events kick off with the CBE Fall Career Fair on Oct. 9. A workshop for Creating a LinkedIn Profile will be held Oct. 16, followed by the second panel discussion, Social Media Etiquette on Oct. 23.
After building new stadiums, minor league baseball franchises will experience an increase in game ticket sales according to a paper published this month online at Contemporary Economic Policy by economics professors Tom Rhoads and Seth Gitter.
Their findings were cited in a May 28 blog post of the Charlotte Business Journal of Charlotte, N.C., about that city's own minor league baseball team, the Charlotte Knights, which will debut a new stadium at the start of its 2014 season.
Rhoads said while the team will likely see a surge in ticket sales, it will still face significant competition from other big-name sports teams in the city.
“Minor-league cities are smaller and the minor-league team tends to be the biggest thing around,” Rhoads said in the story. “Charlotte’s a little different — it’s a major-league city. It’s got the NFL and the NBA and NASCAR.”
Rhoads is a Professor in the economics department and has published numerous papers and articles on sports economics.
The Towson University College of Business and Economics has once again maintained its accreditation from the prestigious Association to Advance Collegiate Schools of Business (AACSB) International. The AACSB International recognizes 650 business schools in 50 countries and territories worldwide, but less than one percent of all business schools worldwide possess accreditation for both business and accounting programs.
The Towson University College of Business and Economics is one of such programs.
“It takes a great deal of commitment and determination to earn and maintain AACSB accreditation,” said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. “Business schools must not only meet specific standards of excellence, but their deans, faculty, and professional staff must make a commitment to ongoing continuous improvement to ensure that the institution will continue to deliver the highest quality of education to students.”
Towson University is the only University System of Maryland institution with AACSB Accreditation for both programs.
“We are committed to providing an exceptional academic environment for students focused on applied learning while fostering high-quality research among our distinguished faculty,” said Dean Shohreh Kaynama. “AACSB accreditation is important to us not only because it seals our dedication to our mission and principles, but ensures to the rest of the world our commitment to strive for continuous improvement and excellence.”
Towson University Economics Professor Juergen Jung was featured in the New York Times on April 29 in the "Room for Debate" section, which highlighted differing viewpoints on the Occupational Safety and Health Administration (OSHA).
The federal agency is under scrutiny after a deadly explosion at a fertilizer plant in West, Texas earlier this month. The Times piece features viewpoints from different experts.
Jung coauthored a portion of the debate, titled "What OSHA Doesn't Inspect," with colleague Michael Makowsky, an assistant professor in the Department of Emergency Medicine and the Center for Advanced Modeling at Johns Hopkins University.
Here is an excerpt from the article:
"The American workplace is safer than ever, something attributable to a host of factors, OSHA included. That said, in the long run tragedies like the West Fertilizer Company explosion might be better prevented by an OSHA that is independent in its mission, less connected to its territory and more random in its targets."
Towson University's chapter of Beta Gamma Sigma inducted 82 new members into the international honor society on April 23.
The new members were welcomed into the chapter at an induction ceremony at West Village Commons on Towson's campus.
"You students are the best of the best," said Dean Shohreh Kaynama addressing the inductees and their guests. "Through your academic accomplishments you have demonstrated the values of Beta Gamma Sigma — honor, wisdom and earnestness."
Beta Gamma Sigma is the honor society serving business programs accredited by AACSB International — the Association to Advance Collegiate Schools of Business. Membership in Beta Gamma Sigma is the highest recognition a business student anywhere in the world can receive in a business program accredited by AACSB International.
The Towson University chapter is among 525 college and university chapters worldwide. TU’s chapter received the Business Achievement Award in 2005 and the Outstanding Chapter Award in 2002 and 2001.
Towson University has become the latest university to be welcomed into the CFA Institute University Recognition Program. The College of Business and Economics' bachelor’s degree in business administration with a concentration in finance has been acknowledged as incorporating at least 70 percent of the CFA Program Candidate Body of Knowledge (CBOK) and placing emphasis on the CFA Institute Code of Ethics and Standards of Practice within the program. This program positions students well to obtain the Chartered Financial Analyst® designation, which has become the most respected and recognized investment credential in the world.
Entry into the CFA Institute University Recognition Program signals to potential students, employers, and the marketplace that Towson University’s curriculum is closely tied to professional practice and is well-suited to preparing students to sit for the CFA examinations. Through participation in this program, Towson is eligible to receive a limited number of student scholarships for the CFA Program each year.
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and administers the industry gold standard CFA charter.
A team of four College of Business and Economics students placed second—and was awarded $2,000—at the fifth annual Berg Cup case study competition, a nationally renowned event that was held last weekend at the University of Pittsburgh.
The Towson group was one of just eight teams—each comprising four undergraduate students—to participate.
Meredith Walter, an e-Business and Business Administration major, was one out of ten students chosen to represent Towson University at the Colonial Academic Alliance (CAA) conference in Delaware in April 2013. Meredith will be presenting her project titled "How SMEs use SEO (Search Engine Optimization) to Compete with Larger Firms on the Internet," advised by e-Business Professor Stella Tomasi, Ph.D.
The CAA was founded by the provosts of the institutions of the Colonial Athletic Association, which includes The University of Delaware, Drexel University, George Mason University, Georgia State University, Hofstra University, James Madison University, University of North Carolina Wilmington, Northeastern University, Old Dominion University, Towson University and The College of William and Mary. This conference is an excellent opportunity for undergraduate research students from these institutions to present the results of their research.
Towson Enactus, an innovative student organization focused on social impact, placed second at the sixth annual Business Ethics Case Competition at Mount St. Mary’s University in Emmitsburg, Md., on March 8.
College of Business and Economics students Gerald Avery, Sandrine Emambu, Winta Tedros and Biruk Lulseged, represented the Towson Enactus group at the event. The team competed against four other universities, including Mount St. Mary’s, and gave presentations on an ethical dilemma involving outsourcing. The students won $200 for placing second.
Nearly 100 Baltimore County high school students will be treated to professional workshops, mock interviews and other career resources at the annual Academy of Finance Student Conference on March 15 on Towson’s campus.
Financial guru, author, and CBE adjunct professor Tim Maurer will share his advice on the importance of balancing professional and financial goals with
personal values as the keynote speaker.
Co-hosted by the Towson University College of Business and Economics since 2009, the event welcomes students from in the Academy of Finance program at Randallstown, Overlea and Lansdowne high schools each year.
CBE students also take part in the event overseeing the mock interviews and other presentations.
Originating from the National Academy Foundation, the Academy of Finance is a co-curricular program for high school students interested in business, economics and finance. The program incorporates various experiential learning opportunities for students inside and outside of the classroom.
A team of four CBE students will represent Towson University at the fifth annual Berg Cup case study competition at the University of Pittsburgh in March.
Hosted by the University Of Pittsburgh chapter of Phi Beta Lambda and the David Berg Center for Ethics and Leadership, the competition's semi-finals will be held March 22 through 24. Meredith Walter, Shaun Kravitz, An Tran and Sandrine Emambu, all members
of Towson’s Project Management Association, qualified for the semi-finals in February.
The team will compete with seven other teams of undergraduate students from across the country. On Feb. 28, teams will be presented with a case study involving ethical dilemmas in business provided by the Berg Center. The team that best analyzes and provides a solution to the case in March will receive $4,000 with the second place team taking home $2,000.
The University of Baltimore/Towson University online MBA program is ranked among the nation’s best, according to the U.S. News & World Report annual list of Best Online MBA Programs.
Administered jointly by UB’s Merrick School of Business and Towson’s College of Business and Economics, the MBA offers nine specializations and four dual degree programs and is the only in Baltimore to be accredited by the AACSB.