Michigan Tech College of Business Newsblog

Category: Majors

Business Students Get Grant to Study Eco-Tourism in the UP

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Jonathan Leinonen has received a $2,500 grant to support a student research study of eco-tourism in the Upper Peninsula.  The grant comes from the US Economic Development Administration-funded University Center for Regional Economic Innovation (REI) at the Michigan State Universityimage31487-persy Center for Community and Economic Development.

With Leinonen as faculty advisor, the Michigan Tech student team will collect data on eco-tourism resources and gaps in the UP, compare with successful eco-tourism regions and recommend a stronger business model.

The students are business management, engineering management and marketing majors in a spring semester class called Business Development Experiences.

– Jenn Donovan, Tech Today

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Finance Club Visits Chicago

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On November 4, the Finance Club had the opportunity to visit Chicago to meet with finance professionals across the industry. First they visited Northern Trust, a financial services company. The club had the opportunity to speak with professionals who specialize in areas such as wealth management and private equity. The professionals at Northern Trust emphasized the importance of taking advantages of opportunities, such as internships and school programs like APMP. Students also learned that it is important to constantly challenge themselves to make a lifetime career, not just a job.

The club then had the opportunity to tour Chicago Board of Options Exchange (CBOE). There, the club learned how trading used to be conducted in the chaotic world of trading floors and see how much technology has impacted trading and investing.

Students were also able to tour the Chicago Federal Reserve where they learned about the role the Federal Reserve plays in the U.S. economy. The Federal Reserve is responsible for functions such as setting monetary policy and regulating the banking industry. It is also responsible for keeping the money supply at sustainable levels around the country. The club had roughly $3 billion of cash under their feet as they learned about the nation’s bank.

After a successful trip to Chicago, the Finance Club says they are ready to spread knowledge throughout campus through multiple financial literacy events.  Stay tuned for more information!

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Need a course? Make it easier with advanced search

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Find classes to meet your general education requirements.  Using the “Attribute Search” will help you find classes available for a particular semester.

Advanced functions are available to search for classes on this site here

After you select the term (Spring 2017, Summer 2017) you will go to the search functions (see picture below)

  1. SUBJECT:  Select multiple subjects by using the “Ctrl” + right click function or you can select all subjects with a left mouse click and highlight all subjects by dragging down.
  2. CAMPUS:  If wanting online courses select “MTU Online” in “Campus” search.   NOTE most online options are available in Summer terms.
  3. PART OF TERM:  AKA Track A (1st Half of Term) or Track B (2nd Half of Term) is helpful especially in Summer to select the track you would wish to take a class.
  4. ATTRIBUTE TYPE:  Finally…need a course to fulfill a particular General Education requirement (attribute) such as a HUFA (Humanities and Fine Arts) course? This can provide a list of courses available to fulfill a requirement for a particular semester.  TIP:  Select multiple subjects or subjects you are interested in
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Accounting Club Visits Milwaukee

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On October 13 and 14, Kappa Sigma Iota (KSI accounting club) visited Milwaukee to experience some business in action. The students were hosted by Becker Professional Education.  Their first stop was Schenck CPA firm, then they visited with PwC Advisory (the second largest CPA firm in the world) with a final stop at Bemis Manufacturing.  Students on this trip were able to meet with everyone from managing partners to newly hired accountants.  Some student comments on their experience:

“Accountants sure do love their jobs!”

“Excel is the tool of business, and I need to learn to use it better.’

“I got a better understanding of what they are looking for when they ask situational questions during an interview.”

KSI is already beginning to prepare for their Volunteer Income Tax Assistance program (VITA) which will take place in February.  Through this initiative students in the accounting club assist community members and area students with completing tax returns.

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Brown Bag Lunch Seminar

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The School of Business and Economics will host its second brown bag lunch research seminar of the semester on Friday, October 14 at 12:00pm in Academic Office Building 101.  Dr. Emanuel Oliveira will present his recent study.

Title: Union density and entrepreneurship: A motivational approach

Abstract: Prior economics literature has examined the role of union density on rates of
entrepreneurial entry and found a negative relationship. Reasoning that strong unions increase
costs and risks for entrepreneurs, researchers found that raw counts of new entries declined with
increasing union density. By differentiating between necessity and opportunity entrepreneurship,
and looking to motivation theories, our study challenges at least part of these earlier findings.
The results of our multilevel modeling analyses deployed on a large cross-country sample of
entrepreneurs suggest that: (1) union density is positively associated with opportunity-based
entrepreneurship; and (2) union density is negatively associated with necessity-based
entrepreneurship. The entrepreneurship literature suggests that only opportunity entrepreneurship
is positively associated with economic development. Thus, our findings may transform the
understanding of the role of union density and lead to alternative policy recommendations.

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