Category: Student Organizations

Student Competition: iOMe Challenge

Calling all students!

Senior lecturer in economics, Emanuel Oliveira, is looking for students this fall to enter the iOMe Challenge. The challenge, started in 2009 discusses how local organizations might engage the so-called Y or Millennial generation to think about their own future, 40 years from now.

The iOMe challenge they designed consists of two components; an essay and a video.

Essay Contest (due October 31, 2012): Write a policy recommendation targeted for the U.S. congress of no more than 10,000 words that addresses the future financial challenges of the Millennial generation and specifically creates incentives and removes barriers associated with low levels of savings and the lack of planning for their retirement.

Video Contest (due November 21, 2012): Produce a short video (60 seconds or less in length) that compellingly illustrates the key elements of the Essay. You might think about the essay as the screenplay and the video as the movie.

Prizes

Winning team: $10,000 + presentation in D.C. to members of Congress (dependent on
availability). Honorable Mention(s): $2,000

Two years ago, students Coleman Segal (Economics major) and Adam Eidelsafy (Software Engineering major) were finalists in the competition. Last year, three of the four MTU teams made it to the final round of judging and one team has received an honorable mention in the competition. The team receiving the honorable mention was awarded $2,000 and was composed of Katie O’Connell (Economics major), Tianlu Shen (Environmental Engineering major), Adam Stigers (Economics major), Teddy Broe (Economics major), and Walker Derby (Finance major). Read the iOMe update from 2011.

Contact Dr. Oliveira (emolivei@mtu.edu) if you are interested in participating this year.

Par-Tee Time 3rd Annual Golf Outing

The Par-Tee Time Golf Outing will be held on August 4th, 2012

It’s that time of year, get your golf clubs out … it’s time to golf!

The School of Business and Economics, along with the MBA Association (MBAA) and the student chapter of the American Marketing Association (AMA), invite you to join us for this great opportunity to network with the new dean, alumni, students, staff, faculty and community members in a friendly competitive environment. Bring your friends, all are invited!

When:
Saturday, August 4th, 2012
9am registration and practice range
10am shotgun start; scramble format

Where:
Portage Lake Golf Course
46789 US Highway 41
Houghton, MI  49931

Cost:
$70/person (must be paid by August 3rd)
MTU student price – $40
Pay day of – $320/team, $80/person
Price includes golf, lunch, cart and two beverage tickets per person.

Cash prizes will be awarded to the winners in each flight (which means if you’re not a very good golfer, you are still eligible to win in your category). There will also be cash prizes for the three course games,  and a special $10,000 Hole In One Contest!

Our raffle list keeps growing, Michigan Tech departments and over 70 local businesses have donated some really great prizes … hotel jacuzzi suites, ski passes, oil change, wheel alignments, spa gift basket, Aroma Therapy Whirlpool to name a few!

To register, please print the registration form here.

You can find more detailed information, as well as  sponsorship opportunities by clicking on the appropriate links.

For questions, please call Tanya at 487-2668, or email golfouting@mtu.edu.

Economics Graduate Accepted into top 100 Law School

Coleman Segal to attend McGeorge School of Law.

The School of Business and Economics wants to congratulate Coleman Segal for his acceptance into the University of the Pacific, McGeorge School of Law. We’re so proud!

Despite being accepted to UC Berkeley out of high school, Segal chose to pursue his undergraduate degree at Michigan Tech.  After visiting his Aunt and Uncle in the Houghton as a child, he has always loved the area. The wild, beautiful surroundings, the opportunity to participate in the vibrant folk music scene, and the impressive academic reputation were all factors in his decision to come to Tech.

After researching universities, he learned of the Economics program at Michigan Tech.  Economics interested Segal in high school because it can be applied to so many different aspects of life.  Segal said, “The study of economics is in large part an effort to understand the mechanics of a functioning society, and so it relates to many different fields. It also provides a good background for law school, which I have planned to attend since high school.” 

Segal is a California native and will soon return to his home state to pursue his law degree from one of the top 100 Law Schools in the nation.   Applying and being accepted to five law schools –Marquette University in Milwaukee, University of San Francisco, Santa Clara University, and Albany Law School– Segal selected the University of the Pacific McGeorge School of Law and will begin classes next fall. In addition to their impressive reputation, Segal said he chose McGeorge School of Law based on their location in Sacramento, California.  He finds the area interesting as a center of government, with multiple courthouses at different levels in the immediate area. 

Crediting his experiences with extracurricular activities such as the iOMe Challenge and the Pavlis Institute for advancing his goals of attending law school, Segal noted that Michigan Tech prepared him well for continuing his education.  Mastering skills such as writing and researching papers, in many different subjects, have been instrumental for the pursuit of his law degree.

Students Take Bloomberg Aptitude Test

While most students had already left Houghton in the rearview following five days of finals, 22 School of Business and Economics students gathered for yet one more exam. The Bloomberg Aptitude Test (BAT) was developed in collaboration with financial professionals, recruiters, and academics to uncover knowledge and skills relevant for a financial career.

“Bloomberg already provided students with Bloomberg Certification in the use of the Bloomberg terminal.  Now Bloomberg has strengthed its commitment to students achievement through the BAT,” said James and Dolores Trethewey APMP Professor Dean Johnson. “The BAT allows Bloomberg to bring prospective employers together with skilled investment students.”

Over thirty five thousand people around the world have completed this proctored exam, specifically designed for people who are interested in working with investments. The 165-question exam covers topics ranging from financial statement analysis to portfolio management, ethics, and logic in a three-hour period.

Brent Halonen, a 2011-2012 member of the Applied Portfolio Management Program achieved a notable accomplishment by placing among the top 525 (1.5%) test takers. “The BAT is was a good opportunity to show the world what we learned in school in a unbiased environment,” said Brent. “I think my results reflect the strength of APMP and the educational opportunity that it represents.”

Congratulations to Brent and the rest of the test takers.

Dean Johnson Named Michigan Professor of the Year

Dean Johnson

April 3, 2012—

Dean Johnson, the James and Delores Trethewey Associate Professor in Michigan Technological University’s School of Business and Economics, has been named Professor of the Year by the Presidents Council, State Universities of Michigan (PCSUM). Johnson shares the honor with professors from Michigan State, Saginaw Valley State and Wayne State Universities. 

 “Dean Johnson has demonstrated his outstanding teaching ability over the years to many students through the Applied Portfolio Management Program, which he designed and directs,” said Darrell Radson, dean of the School of Business and Economics. “We are very proud that his abilities have also been recognized by higher education leaders and professors across our state.”

The four Michigan Professors of the Year were judged on student learning, interactions with graduates, experiential learning, academic advising, undergraduate research opportunities, and scholarship on teaching and learning.

“It is great to be recognized with this honor, especially since it is presented for teaching and guiding students,” Johnson said. “I know that our Applied Portfolio Management Program (APMP) also had a lot to do with it, and a lot of people have helped me with APMP over the years.”

In the APMP, students invest real money in the stock market. Their portfolio now totals more than $1.3 million. They have won the RISE (Redefining Investment Strategy Education) national investment competition three times.

In nominating Johnson, Provost and Vice President for Academic Affairs Max Seel was effusive over the business professor’s record of advising, teaching, scholarship and devotion to his students.

“Johnson,” he said, “has a genuine concern and compassion for each individual student.” His devotion to his students was revealed when he began the APMP program, Seel said.

“APMP was the result of a single, new, untenured professor who took the risk to expend enormous amounts of time to secure the required resources necessary,” Seel said, noting that Johnson had “established an Advisory Board of investment professionals” and “secured the physical space, furniture, computers to house the program; acquired the actual money for the students to manage; built relationships with guest speakers; located internships; and many other necessary, ongoing activities.”

The APMP students are now housed in the new LSGI Trading Room, with Bloomberg trading platform, thanks to Johnson’s leadership and alumnus Joe Dancy.

Johnson has previously won the Michigan Tech Distinguished Teaching Award twice–only the third professor in the history of the University so honored. He is a member of the Michigan Tech Teaching Academy (which recognizes teaching excellence), and has been honored with the James and Delores Trethewey APMP Professorship. 

Johnson himself once said, “When I walk into the classroom, I have an hour to make a difference in the lives of those students. . . . I try to find out where they’re from and what career goals they have. Once you develop a personal relationship, it becomes much easier to push, push, push them to learn and study because they realize I truly have their best interest at heart.”

Michigan Technological University (www.mtu.edu) is a leading public research university developing new technologies and preparing students to create the future for a prosperous and sustainable world. Michigan Tech offers more than 130 undergraduate and graduate degree programs in engineering; forest resources; computing; technology; business; economics; natural, physical and environmental sciences; arts; humanities; and social sciences.