March 23, 2012 | Michigan Tech College of Business Newsblog

Day: March 23, 2012

MBA Students Help Guide Portage Hospital Decisions

Published March 23, 2012

Students provide guidance for local healthcare provider.

MBA students from Michigan Tech have assisted in optimizing the schedule for Portage Health’s Dialysis Center as published in the Daily Mining Gazette weekend edition.

“The change in hours will increase patient safety, patient satisfaction and efficiency,” said Karen Kelley, dialysis director.

The decision to add new software, Schedule Wise, was suggested by an MBA team including Karen Giddings, Emmett Golde, Heather Richards, and Birong Tao in the spring of 2010.

“The students did a learn project where they examined patient flow, eventually concluding that new software would help,” Kelley said.

For more information about the Portage Health Dialysis Center, visit portagehealth.org/dialysis.

This was originally published by the Daily Mining Gazette March 17/18 weekend edition.

Finance Club Experiences Chicago

Published March 23, 2012

Finance Club enjoying a tour of the Chicago Board of Option Exchange.

On Wednesday, March 14^th, Michigan Tech’s Finance Club traveled down to Chicago for a whirlwind tour of financial organizations. Their first stop? The Chicago Board of Options Exchange (CBOE) for a tour of their trading floor.

Students were able to go down on the floor of the exchange and get right next to the pits where they were trading securities with the old open outcry method.

Club President, Dan Eskola noted “It was a great experience to get down on the floor and see the open outcry auction pits trading. Many of these jobs have disappeared due to more efficient computer based trading and so it is good to see them before they go away.”

After the tour the group ventured to Peak 6– a proprietary trading company– where they had lunch. The students had the opportunity to speak with the Chief Technology Officer, Danny Rosenthall, and one of the head traders.

Finance club members were able to view their impressive trading room located in the CBOT (Chicago Board of Trade) building. Students were grateful to speak with these professionals who explained their business in honest, frank language. The trip is an excellent opportunity for students to understand careers suitable for finance and accounting majors as well as ask questions about the financial industry.

The group also toured the Chicago Mercantile Exchange during their trip, where a lot of the financial transactions take place for commodities. “It was a great experience to see both of their huge trading floors as well as the fixed income securities,” added Eskola.

This trip was organized by the Finance Club that is advised by Assistant Professor of Finance, Howard Qi, in the School of Business and Economics.