Michigan Tech College of Business Newsblog

Category: Scholarships

Appleton Senior Awarded Michigan Tech Impact Scholarship

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Michigan Technological University’s College of Business announces Rachel Weyenberg of Appleton, Wisconsin, as the 2021-22 Impact Scholarship recipient.

Weyenberg is the daughter of Amy and Kevin Weyenberg and is a senior at Appleton East High School. She is active as the vice president of competitive excellence in DECA, an association of high school business students who participate in career development, social events, community service activities, and competitions. She credits DECA for helping her discover a passion for business and leading her to Michigan Tech. 

photo of Rachel Weyenberg

On campus in Houghton, Weyenberg plans to pursue construction management, become active in Enterprise, and land an internship. Supported by both the College of Business and the Department of Civil and Environmental Engineering, the interdisciplinary construction management major was recently named the best construction management program in the state by Universities.com.

“I fell in love with Michigan Tech and all the unique opportunities offered by the University. What made me decide to attend MTU was how amazing the College of Business is. When I toured campus I met with both Associate Dean Buche and Dean Johnson. They made me feel welcomed and at home. I love the one-on-one attention each student receives and the hands-on approach.” Weyenberg says.

The Impact Scholarship, organized by Admissions, Financial Aid, and the College of Business, is an annual competitive award recognizing Michigan Tech business majors. Held virtually this year, 41 high school senior finalists from seven states were invited to participate in leadership activities via Zoom and received renewable awards ranging from $1,000 to full in-state tuition.

“Evaluators were struck by Rachel’s communication skills including public speaking experience as well as her outgoing and positive approach,” says Shannon Rinkinen, director in the College of Business and chair of the Impact Scholarship committee.

Weyenberg is also active in student council, National Honors Society, link crew, pep club, and varsity soccer. In her free time, she enjoys spending time with family and friends, watching movies, and going on road trips.

“I am extremely grateful for the Impact Scholarship. This opportunity will allow me to further my education without the stress of out-of-state tuition. I know that I was meant to be a Husky.”

Next year’s Michigan Tech Impact Scholarship application will open in summer 2021.

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New Scholarship Targets Non-Resident Business Students

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Three students in library with Apple computer
The National Business Scholars Program provides $20,000 per year to incoming students in the School of Business and Economics who are from outside the state of Michigan or from international countries.

As part of an initiative to expand the School of Business and Economics by providing greater access, Michigan Technological University launched a new scholarship program for students from outside the state of Michigan—including international students—who are considering attending Michigan Tech in fall 2020 for an eligible business or management major.

“Around the world, business ranks as the most-pursued college major. We’re excited to offer this new opportunity to serious business students who see the advantage of studying at a technological university,” says Dean Johnson, dean of the School of Business and Economics.

Renewable for four years, the National Business Scholars Award, which is automatically awarded, is valued at an unprecedented $80,000. The program was piloted last December and officially launched in September.

“In many cases for students in Wisconsin and Minnesota, we are the closest accredited business school with a technology focus—the key to a successful career in today’s business world,” Johnson adds.

Majors included in the program are accounting, construction management, economics; engineering management, finance, general business option, management, management information systems and marketing. In addition to National Business Scholars award funding, recipients have the opportunity to earn additional aid based on results from student’s Free Application for Federal Student Aid (FAFSA).

Learn more about the National Business Scholars Program.

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Alec Fisher Scholarship Fund for Managament Information Systems Students

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The Alec Fisher Scholarship Fund was established to honor the memory of Alec Fisher, a Michigan Technological University student who double majored in environmental engineering and management information systems. Raised in Portage Township, Michigan, and a 2016 graduate of Hancock High School, Alec was a member of the Blue Key National Honor Society at Michigan Tech.

Scholarship Information

Scholarship Requirements

  • Junior or above
  • Enrolled in management information systems or environmental engineering
  • 3.2 GPA or higher
  • Preference given to individuals from the Upper Peninsula of Michigan
  • Financial need considered
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Introducing the Husky Investment Tournament for High Schools

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Student stands at NasdaqThe School of Business and Economics at Michigan Technological University announces the Husky Investment Tournament, an exciting and engaging semester-long outreach initiative designed for high school business classrooms. Students in grades nine through twelve will see business come to life through the principles of the stock market–with the opportunity to win prize money and college scholarships!

“The purpose of the Husky Investment Tournament is to offer more students more pathways to discover business opportunities at Michigan Tech,” says Dean Johnson, dean of the School of Business and Economics and founder of the Tournament. 

How it works: Teams comprised of 3-4 student members will receive $1,000,000 in virtual US dollars will build a portfolio. At the conclusion of the competition, the team with the top-performing portfolio will be invited to campus to pitch to a panel of current Michigan Tech students and experts. The winning team will also receive $1,000 in prize money and all student-team members who actively participate will be awarded scholarships to attend Michigan Tech.

Most importantly, students will learn about the world of investing and business in a hands-on and dynamic way.

“We envision the Husky Investment Tournament to be embedded into an economics or business or personal finance class. Teachers should plan to discuss personal finance, investing, and the Husky Investment Tournament with students. The School of Business and Economics will provide faculty support and resources,” Johnson says.

 

Students gather around computer

Registration closes September 23 and the competition begins October 1, running until December 1. Interested educators or administrators may inquire for more details by emailing business@mtu.edu. 

 

 

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Milligan and Wall are 2019-20 Ten Haken Faculty Fellows

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Exterior of Academic Office Building

The School of Business and Economics (SBE) at Michigan Technological University announces the appointments of Sheila Milligan, senior lecturer in accounting, as the Richard and Joyce Ten Haken Faculty Fellow in Accounting/Finance, and Jeff Wall, assistant professor of management information systems (MIS), as the Richard and Joyce Ten Haken Faculty Fellow in Business.

Photo of senior lecturer Sheila Milligan
Senior lecturer Sheila Milligan (center)

Dean Johnson, dean of SBE, says the fellowships shine a light on the important work Milligan and Wall do in the classroom and beyond: “Our faculty stand a part for being large enough to lead and small enough to care. They know our students’ strengths and goals, and they play integral roles in guiding them with hands-on learning and mentoring.” 

Milligan, a 17-year veteran at the University, says that Richard and Joyce’s giving inspire her every day. “I want to be my best for our hardworking students, who are very conscientious about their education,” she says. 

Photo of professor Jeff Wall with student
Jeff Wall (left). assistant professor of management information systems (MIS)

Fellowship funds will be used for student travel, experiential education, student scholarships and to provide teaching assistant positions and professional development for faculty. “Attending conferences in forensic accounting is critical to keeping my teaching agile and relevant to prepare students,” Milligan says. 

Wall intends to direct his fellowship funds toward undergraduate scholarships for students dual majoring in accounting or finance and MIS. “Using the funds–more than $8,000 in total–in this way can help support Michigan Tech’s enrollment goals for business students,” Wall says of the new initiative directed at growing the School of Business and Economics.

Trends in industry are placing a greater emphasis on the intersection of accounting and finance with MIS.  Wall anticipates seeing top-quality, interdisciplinary students through these scholarships.

The Ten Haken Faculty Fellowship positions were created in 2017 to attract and retain high-quality business faculty and to inspire teaching and research activity amongst business faculty. Both accounting majors with bachelor’s degrees in business administration, Richard and Joyce Ten Haken are pillars of support for SBE’s students and faculty. 

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