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MAY  NEWSLETTER

Issue 4, Volume 3

 

 

Message From The Dean....

  Mark pic

It is hard to believe that the 2007-2008 academic year is coming to a close and we will be saying goodbye to the class of 2008.  As the academic year winds down, April is always filled with events and this April was no exception.  On April 6th, we held our annual Student and Faculty Award banquet with over 275 students, parents, friends and faculty in attendance.  This event, held in conjunction with the induction of 50 juniors and seniors into Beta Gamma Sigma (the national business honor society) has become with graduation, one of the highlight events of the academic year.  I am continually amazed at the academic, civic and professional accomplishments of our students.  In addition, to the dozens of students with 3.8 and 3.9 GPA's, a sampling of resumes will reveal two athletes who were academic All-Americans, a student who coordinated the "Pink-Outs" at basketball games the last two years, the student body president, a member of seven honor societies, and the coordinator for the Relay for Life. 

 

In the newsletter, you will read about three of our top Finance students who are members of the RAM Fund, the student-managed investment fund that attended the Redefining Investment Strategy Education (RISE) Symposium in Dayton, Ohio.  It is through your financial support that we were able to send these students to the symposium.  We hope that in the future we can increase the number of students who attend.  Our affiliation with the CFA as a university partner institution and the Providence chapter of the CFA continues to benefit our students. As a result of the scholarships provided by the Providence chapter, both Casey and Andrey as well as three other students will be sitting for the Level 1 CFA exam in June. 

 

In addition to the faculty award recipients in the newsletter, four faculty had their papers published or accepted for publication in the top journals in their field: Assistant Professor Cynthia Blanthorne in Accounting, and Associate Professors Dan Sheinin in Marketing, Tong Yu in Finance and Seung Shin in Management Information Systems. 

 

On April 10th, we held the inaugural Richard Vangeermeersch Lecture.  The panel discussion "Reaching the Corporate Summit" featured Wendy Field, Managing Director of UBS Investment Bank, Marianne Gattinella, Vice-President of Corporate Human Resources for McGraw-Hill, and Deborah Ciolfi of Providence Investors.  Hilda Allred, a former Assistant Dean and Management Professor at URI and now a consultant to Fortune 500 corporations, moderated the panel session.  The other major event this month was an MBA networking reception held at the new Providence Renaissance Hotel on April 23rd. The event featured Hasbro CEO, Al Verrecchia, who shared the impact an MBA had on his career. 

 

I hope you enjoy reading our faculty, student and alumni spotlights and as always we would love to hear what you are doing so that we can include it in our next "What is Happening" section.  As always, I welcome your feedback.

 

Wishing you all the best,

 

Mark Higgins

Dean and The Alfred J. Verrecchia-Hasbro Inc. Leadership Chair in Business

 

Faculty Spotlight

 

Judy BeckmanProfessor Judy Beckman

Dr. Judy Beckman currently divides her time as Professor of Accounting and as Secretary-General of the Global University 8 Consortium (GU8).  As Professor of Accounting, Dr. Beckman has taught financial accounting theory in the Master of Science in Accounting program since 1994.  Every year, Dr. Beckman brings her students on the infamous trip to observe a meeting of the Financial Accounting Standards Board (FASB)-where they learned that some folks think accounting choices in revenue recognition amount to "putting lipstick on a pig"!  (Perhaps some readers agree with that assessment.) 

 

Dr. Beckman also teaches advanced financial accounting in the undergraduate accounting program and continues to undertake research in International Financial Reporting and International Finance.  She has recently published two papers about German financial accounting and reporting issues.  One is a case study of international financial reporting issues faced by SAP, the enterprise software giant; the other is a broader study of accounting differences among German accounting practices, U.S. GAAP, and International Financial Reporting Standards, including assessment of market valuation of differences inherent in those reporting systems.  Since 2000, Dr. Beckman has continuously authored a different type of publication, The Wall Street Journal Accounting Weekly Review, an electronic newsletter published by Dow Jones & Co. and distributed to more than 17,000 faculty.

 

In her role as Secretary-General of the GU8, Dr. Beckman serves under URI President Robert L. Carothers who is currently Chair of the GU8 Council of Presidents.  Information about the GU8 is available at http://www.uri.edu/gu8/.  Led by the Council, the GU8 Consortium is comprised of universities from across the globe with expertise in Marine and Ocean Sciences, Global Logistics, Business, and Advanced Technologies.  Since taking on the GU8 responsibility in June 2007, Dr. Beckman, along with Assistant Secretary-General Melissa McCarthy of the URI Research Office, has organized an Education Committee meeting at RMIT University in Melbourne, Australia; a Global Logistics workshop at the University of Hawaii, Honolulu; and a Marine Affairs Workshop at the University of Rhode Island-all of which involve integrating business and scientific research. 

 

One exciting GU8 program stemming from this interdisciplinary work, and led by Dr. Beckman, will benefit the College's full time MBA program: summer 2008 will be the inaugural year for the GU8 Global MBA and Leadership Program. Five URI MBA students will undertake intensive study for two weeks in each of the four GU8 universities:  at URI, they will study Advanced Topics in Global Logistics with Assistant Professor Douglas Hales; at University of Le Havre, French Retailing and Supply Chain Management; at Xiamen University, Communications; and at Inha University, Management Leadership and Creativity.   

 

Dr. Beckman has divided her time between a faculty and administrative role since 2003-2004, serving as Chair of the Faculty Senate.  She was awarded one of 34 Fellowships nationwide through the American Council on Education.  Under the Fellowship, Dr. Beckman spent academic year 2004-2005 in the Offices of the President and Provost at the University of Vermont then returned to URI to serve as Associate Dean of the Graduate School for two years.  From December 2005 to October 2007, Dr. Beckman co-chaired, with James Kowalski of the Computer Science Department and Marilyn Barbour of the College of Pharmacy, a 100-person team from URI which produced the accreditation self-study report submitted to the New England Association of Schools and Colleges (NEASC) for the University-wide accreditation.  URI's accreditation was reaffirmed on February 28, 2008 by the NEASC Commission on Institutions of Higher Education.  The web site supporting the team's accreditation work is available at http://www.uri.edu/accreditation/

 

Student Spotlight

 

Cassandra Nadeau,  May '08

 

cassandraWhy I Came to URI

I grew up in Glocester, RI and spent my summers at the beaches in Narragansett. I was always aware of URI, but never thought I would decide to go to school there. I always pictured myself somewhere far away and warm, like Hawaii. However, during my junior year of high school I visited the URI campus and immediately knew it was the right place for me. When it came time to apply to colleges I only applied to URI and one other school. I was accepted at both, but my decision to attend URI was easy.

 

Experiences at URI

During my four years at URI I accomplished more than I ever imagined. Some of my accomplishments have been maintaining a 3.92 GPA, and during my junior year being inducted into Beta Gamma Sigma. I am also a member of the Society of Leadership and Success, which has helped develop my leadership and team work skills. Recently, I received the President's Award for Student Excellence for Marketing, The Washington Trust Co. Outstanding Senior Award, and nomination into the Alpha Mu Alpha Honor Society of the American Marketing Association.

 

Internships

As a marketing major I knew I wanted a career in sales. Last summer I searched for an internship that would expose me to this field. I landed one with Radio Disney in Pawtucket, RI. There I was able to work closely with their marketing and promotions team and gain first hand knowledge and experience in sales. I also gained experience in event planning, as I participated in many of their summer events held throughout the state.

 

This spring semester I participated in an internship with the American Cancer Society. I worked specifically on the Daffodil Days campaign, promoting and selling Daffodil Day products, while raising money to help eliminate cancer. Not only was I was able to gain "real world" experience and apply the knowledge and skills I learned in the classroom, I was able to gain a sense of accomplishment from knowing I was helping raise money for the fight against cancer.

 

Plans after Graduation

After graduation this May I hope to land a job in pharmaceutical sales. It is a career I have had my eye on since entering the College of Business three years ago. I also plan on returning to school to receive my MBA in the near future. I am truly looking forward to the future and all that it holds for me.

 

Alumni Spotlight

  Marilyn pic

Marilyn DeVoe, '77

 

American Airlines, Vice President of DFW Airport Services

 

The College of Business is pleased to announce that Marilyn DeVoe will be joining the College's Business Advisory Council starting Fall 2008. Council members participate in strategic review of the College's mission, plans and programs, and offer guidance to the Dean. They serve as champions on the College's behalf in the community and in the world of business and government, and often serve as guest speakers in class.

 

Marilyn oversees business planning, automation service policies and support for American Airlines' largest and busiest hub operation at Dallas/Fort Worth International Airport.

 

She first came to American Airlines in 1977 and worked in the Finance Department in New York.  She has held management positions in Cargo, Flight Services and Human Resources.  She served as Director of Customer Service, Regional Managing Director for the Caribbean, and Regional Managing Director of the West overseeing airports in Arizona, California, Hawaii, Nevada, Oregon and Washington.  Prior to her promotion she was Vice President of Airport Policies and Procedures worldwide. 

 

Marilyn and her husband Bill, are the parents of Brittany, who is enrolled in the Master of Accounting Program at TCU and Jason, a student at Baylor University.  During her spare time, she is a volunteer for Safe Haven, a shelter for abused women and children and also a mentor with Menttium 100 for business leaders in Dallas/Fort Worth.

 

What Happened To?

 

Hilda AllredDr. Hilda Allred  

 

Having grown up in the land of gumbo, red beans and rice and cornbread, relocating to Rhode Island to join the faculty in the College of Business in 1974 was certainly a grand adventure for me. Great changes were occurring in the 70s when CBA's Dean Weeks and faculty moved forward to upgrade curricula and programs leading to the College's first American Association of Colleges and Schools of Business accreditation. That's what attracted me to URI-change, opportunity, growth.

 

My teaching in the CBA was primarily in business and organizational communication courses for undergraduates and MBAs. The students were wonderful; they often worked almost full time while attending the University.

 

As associate professor and then later assistant dean (for the Executive-in-Residence program), I had the good fortune of working with top executives and CEOs, some URI graduates, who were brought onto campus to interact with our students, faculty and administration. It was fantastic to associate with these top executives. Perhaps it was that association that brought me to give the private sector a whirl. With certain sadness about leaving the students, I left my URI post in 1981.

 

For more than 15 years in vice president or top director of human resources roles, I worked in several leading companies ranging from high tech FORTUNE 500 Handy and Harman, to Fidelity Investments in Boston, to VP in high-growth, high-tech ADE Corporation that we grew organically and through acquisitions, ultimately leading to a successful IPO.

 

Since moving to Arizona in 1998 (yes, we have rattle snakes and coyotes), I have provided HR and change management expertise to a high-growth technology-consulting firm and then as a consultant to a major spin-off of Motorola which resulted in another successful IPO. Other consulting projects have included large-scale change initiatives, mergers and acquisitions, organizational effectiveness, strategy planning, reengineering, succession and leadership model and development, assessment and executive coaching. 

 

As I write this, remembering the great opportunity to work with the students, faculty, staff and administration at URI, I also think of Abraham Lincoln's statement,  "in the end, it's not the years in your life that count. It's the life in your years." I'd say I've had a lot of life in my years.

 

Redefining Investment Strategy Education (R.I.S.E) Symposium

RISe symposium By Andrey Vladyko

 

On March 26-March 29, 2008 a group of College of Business Administration students attended the R.I.S.E. Symposium in Dayton, Ohio, hosted by the University of Dayton.  Professor Peter DaDalt and three URI students, Casey DeSormier, Corey Singer and myself, represented our University at this special event.

 

The summit took place in the arena at the University of Dayton. We had an opportunity to listen to a number of prominent speakers such as: Patrick Dorsey, Jeffrey J. Diermeier, President & CEO of the CFA Institute, Thomas R. Keene, Editor-at-large of Bloomberg News, Georg Kell, Executive Head for United Nations Global Compact, Dr. Finn E. Kydland, 2004 Nobel Laureate in Economics and many others. Christopher Gardner, the Owner & CEO of Christopher Gardner International Holdings, was the special guest speaker. He is the prototype for the movie "The Pursuit of Happyness" starring Will Smith. Christopher Gardner is a great motivational speaker with a striking presence and a powerful charisma (he is pictured above with us).

 

The University of Dayton made it into history as being the first university to host the NASDAQ closing. Casey DeSormier was one of the students selected to be on stage when the nationwide broadcasting to CNBC and Bloomberg channel went live.

RISE 2

All attendees participated in the break-out sessions they selected during the registration process. Finance professionals elucidated their investment strategies and shared their level of expertise. We attended such sessions as: long short portfolio strategies, equity analysis, wealth management and others. 

 

We had an opportunity to a take a tour and have a dinner at the U.S. Air Force Museum. Many schools participated in the nationwide portfolio competition and an award ceremony was held at the museum for the winners. URI's Student Investment Fund (Ram Fund) is planning to participate in this competition next year.

 

Our group brought back many positive thoughts from the R.I.S.E. symposium. Attending this symposium helped us generate innovative ideas that will be implemented in the Student Investment Fund.  The trip gave us a chance to get a glimpse of real competition - other competent students from universities all over the world.  This encounter motivated us to raise our personal and professional standards and set higher performance expectations.

 

Vangermeersch Endowed Lecture A Success

Reaching the Corporate Summit

 

vang panel2

 

On April 10th, more than 100 students, faculty and staff gathered to participate in a panel presentation by College of Business Alumni Deborah Ciolfi, Wendy Field and Marianne Gattinella, moderated by Hilda Allred. Topics such as strategies for success, key URI courses that assisted in their career success, and advice for students as they start to think about their careers were discussed. A lively Q&A concluded the program.

 

The Vangermeersch Endowed Lecture was established by Deborah Ciolfi, with a gift honoring her former accounting professor Richard Vangermeersch, who retired in 2004 after 34 years of teaching. 

 

 

Where Are They Now?

 

Where are some of our CBA alumni?

 

Robert J Alvine '88 is President and General Manager at Premier Subaru, LLC in CT.

 

Jennifer Balas, '98 is currently a marketing director for Hoagland Longo, a law firm in New Brunswick, NJ. After working in magazine publishing and educational marketing, she went on to receive her MBA at Rutgers University.
 

Ed Houde, '81 has been promoted to Vice President, Domestic Tax at Hasbro. With over 22 years of experience at Hasbro, Ed has been responsible for all areas of U.S.

tax compliance and accounting, integrating several major acquisitions into tax reporting systems and successfully managing all regulatory issues with Federal, State and Local Tax authorities.

 

Doug Marcille, '79 is currently the CEO and President of U.S. Gas & Electric, Inc., a leading energy company that provides natural gas to commercial and residential users in deregulated markets, and own and manage natural gas wells.

 

John Studer, MBA '03 has been announced as March 2008's ideablob contest winner. "No Sweat Apparel is a paradigm for social entrepreneurialism. With the modest ambition of helping to solve the Middle East crisis, No Sweat Apparel manufactures organic cotton t-shirts in a factory in Palestine, at the heart of the Israeli-Palestinian crisis. Jewish owned and operated, organized under a Muslim union, and produced in a factory run by a Christian, the founders of No Sweat believe that mutually beneficial economic incentives are a key component to helping resolve the crisis in the Middle East. What's more is that they are doing this in an eco-friendly way; the t-shirts they produce are environment-friendly organic cotton."  For more information about the company (or to order a t-shirt), visit their web site at www.nosweatapparel.com.

 

 

 

URI Events

 

May

 

6th- MBA Information Session, 6 pm, URI Feinstein Providence Campus, room 242. Reserve your spot-email mba@uri.edu or call URI-5000

17th- URI Graduate Commencement

 

18th- URI Undergraduate Commencement

(visit www.uir.edu/commencement for details on both ceremonies)

 

21st- 2008 Annual Conference for Nonprofit Professionals

The Volunteer Center of RI in collaboration with the RI Foundation, the United Way of RI and Social Venture Partners is holding a conference "Communicate! Collaborate! Successful Connections for a  Stronger Community" held  at the URI Kingston Campus, Memorial Union. Visit www.vcri.org or contact VCRI at 401-421-6547 for details.

For more details and future events visit http://www.cba.uri.edu/calendar/

 

 

 

CBA News

 

Student Wins National Scholarship Award

 

Undergraduate student Helen Zhang, is the winner of an Academic Achievement Scholarship from the                                                                   New England Roundtable of the Council of Supply Chain Management Professionals. Winners of this award are exemplary students who significantly impress their professors.

 

The funds are used to help defray the costs of a supply chain education, and to allow the student to take advantage of unique opportunities to explore the field and practice of logistics in a manner considered personally and professionally meaningful.

 

The New England Roundtable is an organization of professionals who are interested in furthering their understanding of supply chain concepts and practices and improving their own supply chain management skills. Formed in 1972, it is one of over 80 similar roundtables of the Council of Supply Chain Management Professionals (CSCMP) around the world. The New England Roundtable provides a continuing program of formal activities and informal discussions designed to improve the understanding of the supply chain process, promote the art and science of managing supply chain systems, and foster professional dialogue and development about the profession. 

 

 

 

Outstanding Outreach 2008 Award

Jerri Paquin, Associate Director of the Research Center in Business & Economics at the College of Business Administration, received a URI Outstanding Outreach Award in a ceremony held April 21, 2008. Jerry was cited for her valuable  contribution to the College of Business Administration.

 

When the college established a major in Supply Chain Management, Jerri reached out to that industry, meeting with leaders and attending industry events to generate excitement for the URI program. Due to her efforts in building a relationship with the American Society of Transportation and Logistics (AST&L) an accrediting organization for the transportation, logistics and supply chain management industry, students graduating from the major will have an accredited degree. 

 

Jerri's efforts at establishing a relationship with the Council of Supply Chain Management Professionals has resulted in a scholarship for those in the new major.  She has been the Brown Forum for Enterprise liaison from the College and is responsible for hosting the Forum's annual visits to URI.

 

 

Dr. Chen Re-Elected to Board

Dr. Shaw K. Chen, Associate Dean, has been reelected to serve a two-year term, 4/1/08-3/31/10, as a Vice President and Board member for Decision Sciences Institute. Dr. Chen was also recently appointed to be a Public Member Representative to serve on the Rhode Island Automobile Insurance Service Plan's Governing Board.

 

2008 Awards Banquet

awards

The College of Business held a Faculty Student Awards Banquet on April 6th to honor outstanding students and faculty in the College of Business. Over 40 scholarships and achievement awards were given to students during the event at the Quonset "O" Club in North Kingstown.

 

Dean's Excellence Awards were also awarded to the following faculty and staff, for distinction that supports the mission of the College.

 

Undergraduate Teaching:

Joseph D'Adamo

 

Graduate Teaching:

Dr. Ruby Dholakia

 

Research: Dr. Tong Yu

 

Service: Dr. Robert Comerford

 

Administrative Support

Patrick Egan

 

Outstanding New Teacher:

Michael DeAngelis

 

William A. Orme Working Papers Series: Dr. Douglas Hales

 

 

 

Finance Signing

Dean Higgins awards Professor Ruby Dholakia an award for distinction in Graduate Teaching.

 

 

Finance Signing

Dean Higgins awards Professor Robert Comerford an award for distinction in Service.

 

Ph.D. News

 

Friday April 4, 2008 was a great day for the Ph.D. Program.  For the first time in our history, two students defended their dissertations on the same day!
 
Syagnik Banerjee
successfully defended his dissertation - Consumer Ubiquity or Anytime Anywhere Consumption: Scale Development and Validation.  His major professor is Dr. Ruby Dholakia.  He has accepted a tenure track position of Assistant Professor of Marketing at the University of Michigan - Flint.

Roger Blake
successfully defended his dissertation- Three Essays on Decision Success Factors in Information Systems.  His major professor is Dr. Paul Mangiameli.  He has accepted a tenure track position as Assistant Professor of Information Systems at the University of Massachusetts - Boston.
 
Bogdan Prokopovych
was awarded a competitive CIIP Traineeship and Scholarship for the 2008 -2009 academic year and summer offered by The Coastal Institute IGERT Project.

 

Ting Zhang has won the Netspar Research Grant 2008 for a paper entitled Testing moral hazard and tax benefit hypotheses: evidence from pension plan contribution and asset allocation.  

 

 

 

The Fund for URI

 

Giving is an art, and like art, it brightens every day of the year.

 

sculpture

 

The sculpture pictured above, entitled "Coming Together" was created for the atrium of Ballentine Hall by the artist, Ann Sperry. She describes her piece as intertwining strands celebrating the past, present and future of the College of Business Administration.

 

Dedicated and generous alumni represent the past and the future. You have helped create the very foundation of our College and are helping to shape the future.  The Fund for URI supports the present by providing funding for student scholarships, faculty research grants, lectures, career development activities and advanced technology.

 

Please share your generosity with the College of Business Administration by making a gift through the Fund for URI at https://secure.ga1.org/05/fund_for_uri/

 

You make the difference!

 

For questions on the Fund for

URI, contact Michaela Mooney, Associate Dean of Development for the College of Business Administration at michaela@uri.edu, 401-874-4716

 

Finance Signing

 

 

Pictures of the Month

 

Greek visit  


Students and faculty from the University of Piraeus, Greece visit the College of Business 

 

Greek visit 2

 

Quick Links

CBA Website

 

UPDATES FOR NEWSLETTER? Contact:

University of Rhode Island

College of Business Administration

Ballentine Hall

7 Lippitt Rd

Kingston, RI 02881

401-874-4241

 

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