Michigan Tech College of Business Newsblog

Category: Announcements

Beta Gamma Sigma Induction Ceremony

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On Monday, April 18th fifteen students and one faculty member were inducted into  Michigan Technological University’s chapter of Beta Gamma Sigma.  The ceremony was lead by Chapter Advisor and faculty, Sheila Milligan.  Beta Gamma Sigma was founded in 1913 as the first national honor society in business, and was a merger of three separate societies established to honor academic achievement in business at the University of Wisconsin, the University of Illinois, and the University of California.  Today Beta Gamma Sigma is an international honor society that provides the highest recognition a business student anywhere in the world can receive in an undergraduate or graduate program at a school accredited by AACSB International.

New Inductees include: Rachel Chard, XiaXiao Chen, Sarah Clements, Jing Feng, Kelli Guy, Jena Hale, Kaitlyn Ietala, William Hrabinsky, Nicholas Kean, Ryan Lindstrom, Jessica Muonio, Stephanie Oja, Amanda Rantala, Gina Roose, Brady Tervo.  The faculty inductee this year is Dr. Junhong Min.

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MTU’s DECA Soared at State Conference

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SGroup DECA 2016tudents from Michigan Tech’s chapter of Distributive Educational Clubs of America (DECA) attended the State Career Development Conference over spring break. The competition has three different types     of events which include case studies, business simulations, and prepared events. The students are given thirty minutes to an hour to prepare the event depending on the type, and then present their findings to judges who grade them based on specific performance indicators. For the business simulations and case studies, no outside materials are allowed. The competition is designed to take the knowledge students learn inside the classroom and apply it to real world problems. The judges are professionals from that specific area meaning that the judge typically works for a firm within that industry and/or holds certifications which makes them competent to judge the event. This year, eleven members from Michigan Tech attended the conference, and nine qualified for the International Career Development Conference. Ken Arndt placed third in the corporate finance event, and Cassandra Barry (pictured below) placed first in the accounting event. In Michigan Tech’s chapter of DECA, placing first in any event had only occurred three times, once when the chapter was established, and twice in 2013.

 

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Two Michigan Tech Teams Win New Venture Competition

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Two student teams from Michigan Tech each brought home $10,000 or more in venture funding from the New Venture Competition at Central Michigan University last weekend.

Superior Filament, led by Cedric Kennedy, Aubrey Woern and Jos Krugh, brought home a $10,000 Best Technology Award, as well as another $1,000 for Best Pitch and the $250 Audience Choice Award.

The student-run company is developing filment for 3-D printers from recycled plastics to support growth in the 3-D printing industry while reducing environmental impact.

We Inspire, led by Arick Davis, won the $10,00 Korson Family Highest Growth Potential Award. We Inspire is developing an online system and community to help students make informed career choices by connecting them with profiles and feedback from practicing professionals.

Two other Michigan Tech teams participated in the annual entrepreneurial competition. TRU is developing a big data solution with proprietary algorithms to help performance athletes optimize performance through informed nutritional and dietary supplement choices.

Huskies 4 Hire is connecting students looking for short-term employment opportunities with community members seeking temporary employees.

The Pavlis Honors College helped sponsor the event financially.  The student teams received support from Michigan Tech’s Innovation Center for Entrepreneurship, the School of Business and Economics and the MTEC SMartZone..

Story written by Jenn Donovan in Tech Today – Tuesday, April 12 2016

To read more, check out senior electrical engineering major, Arick Davis’ LinkedIn post.

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Brown Bag Lunch Seminar

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The School of Business and Economics will have its second brown bag lunch research seminar from noon – 1:00 p.m. on Wednesday, April 13, in Academic Office Building 101.  Associate Professor of Management, Manish Srivistava will present his latest research breakthrough.

Title: Firm Risk and Market Valuation: A Reexamination Using Quantile Regression

Abstract:

Despite a very long history the relationship between firm risk and market value of firms is poorly understood.  Some of the prior research have shown a positive relationship, others have found a negative relationship, while still others have found no relationship. Considering the inconsistency of these findings, in this research, we reexamine this relationship using quantile regression and make an attempt to reconcile some of the contradictory findings.

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Student Spotlight – Russell Lawson

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Senior mathematics major and economics minor, Russell Lawson will graduate next month with a lot of great opportunities ahead of him.   Russell, like most seniors has been working on planning out the next chapter of his life.  He applied to law schools as well as government-funded fellowships to get him abroad for a year.

Within a week of one another, Russell was accepted to the University of Michigan to study law and was accepted to The Congress-Budestag Yourth Exchange for Young Professionals.  Thankfully, University of Michigan has been  understanding. Russell will go to Germany first, and begin his legal studies upon his return in fall of 2017.

As for his fellowship, Russell will be spending the year in Germany.  His first two months will be spent studying at a German language school before he begins taking law courses at a University for a semester.  Russell will then have the opportunity to spend six months working abroad.  The Congress-Budestag Yourth Exchange for Young Professionals is a selective 1-year scholarship awarded to only 75 individuals across the nation.  Congratulations, and best wishes to Russell as he begins an exciting chapter this spring!

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