Category: Undergrad Information

Finance Club to Host Guest Speaker

Photo of Jim with students (Jacob Vehring, Eric Tangko, Amanda Vogt, and Will Thiele) from the April 2010 visit to Chicago.

Michigan Tech Finance Club announced today that Jim Northey of Lasalletech will be coming to campus on February 2nd to give a guest lecture.  Northey’s topic is “High Frequency Trading in Today’s Markets” and he will discuss current events that have affected our financial markets including the flash crash and other issues associated with high frequency trading strategies.

When: Thursday, February 2nd at 5:00 pm

Where: Fisher 130

Come out and join us to learn more about high frequency trading and eat some free pizza!  Please RSVP to deeskola@mtu.edu if you plan on attending.

Finance Club Speaker

A Day in the Life… Freshmen Student Athlete: Tanner Agen

Freshmen Defensive Lineman, Tanner Agen, chalks up first semester at Tech as a successful learning experience.

Ever wonder what it would be like to be a collegiate student-athlete?  Can you imagine trying to fit 3 hours of practice into your already busy days? At Michigan Tech, we have several student-athletes that choose a major in the School of Business and Economics.  One student, Tanner Agen, is a freshmen defensive lineman for the Husky’s football team.  Agen, out of Kaukauna, Wisconsin, was named defensive scout team player of the year and also has a work study with the School of Business and Economics staff and administration in the Academic Office Building.  After working with Tanner and knowing about the time management skills required for success in collegiate student athletes, we wanted to learn more about Tanner’s transition from high school to his first semester of college.

Here’s my interview with Tanner to learn more about his first semester as a Husky:

Why did you choose Michigan Tech?

I chose Michigan Tech because of the opportunities I have as an athlete and in a future profession. I have a dream in mind that I want to play as long as I can, and I feel that the coaching staff here will give me great opportunities. Although going pro is a slim chance, I need a backup plan with a profession that I can live off of.  Michigan Tech is an excellent school and it can open many doors for me along the road.

What was your first impression of Michigan Tech?

My first impression of Michigan Tech was very good. When touring the athletic facilities, I found the place to be very clean and the coaching staff well organized. They all had that winning attitude and I knew they believed that I was and could be a very good player for them. Along with athletics, I liked how all the educational buildings were close together and the campus was quite small.

What is your major? Why?

My major coming into my first semester was Accounting.  I am very good with numbers and I believed it was best suited for me. Now I realize that accounting isn’t really for me, so I am thinking of going into economics or finance. I find economics very interesting and there is demand for business majors. There is a high chance of getting a job out of college, which is something everyone wants, I hope.

How many credits did you take in your first semester?  Was it too much/ too little?

I took the minimum of twelve credits because it was in the football season and also having to work. I feel it was just right and for me because of what I had for a schedule. Maybe if I didn’t have work I would have taken another class, but redshirting my first year gives me another year to play and go to school so I can lighten my load and not take so many.

What importance does your coaching staff place on academic success?

The requirements to stay out of study tables are to have a 2.3 or higher GPA. They also say that school does come first because we are “Student-Athletes”. So if we have a class or a test during practice or directly after, they are understanding and get us to where we have to be.

What is the biggest difference between high school courses and college courses?

High school courses are the same classes every day taking it in slowly. The teachers make sure you get your studies done and are there to help you a lot. In college, you don’t have the same classes every day and the learning pace is a whole lot faster. We may go through a section in a 50 min class period and move on to the next one the next class. Some classes vary in time as well in college and in high school, all the classes were the same time frame.

What is the biggest difference between high school and college football?

College football is completely different than high school. The speed of the game, how practices are run, the coaching, and your life is pretty much football. I love the game and want to succeed, but my life is football and school work in college. Also, what kind of shape you have to be in. I thought I was in good shape coming into the season, but I thought wrong. Personally, I believe that the first year of college is an eye opener and a learning experience.

Do you think your professors understand of your athletic commitments?

I think they understand what athletes have to do and I know they don’t treat us in a special way either. They treat their students the same and I feel that they know that we don’t want to slack of and try to get by with a pass/fail grade.

How much time per week is required for practice?  In season and out.

In season practice starts at 3:00PM and goes until about 6:00PM. Also in the beginning of the season, there are morning meetings and walk throughs and night meetings as well. So there is a lot of time spent up at the SDC. Out of season is a little different. All that is really required is that we lift and some occasional meetings here and there.

What is the best thing about being a Husky?

The best thing about being a Husky is all the help that is offered here. You aren’t alone in any way. Coaches for football help me out, the athletic trainer is always there, teachers have office hours and are always willing to talk and help, and the administrators really guide you through college and it makes it easier on a student.

iOMe Challenge Update: Michigan Tech Receives Honorable Mention

[youtube]http://www.youtube.com/watch?v=1G5J-p7ktbM[/youtube]

Four teams of Michigan Tech students competed in the 2011 iOMe Challenge, that builds awareness for ways that local organizations might engage the Y or Millennial generation to think about their own future, 40 years from now.  Three of the four MTU teams made it to the final round of judging and one team has received an honorable mention in the 2011 competition. Students were judged on a video submission (above) and an essay.  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
  • Walker Derby, Finance major

Lecturer in Economics, Emanuel Oliveira, was the academic advisor of the four teams competing in this year’s iOMe Challenge.  Commenting on the contest’s two components, Oliveira said, “The students put together an excellent essay that contained innovative policy recommendations, considerable statistical analysis, and it was very well written.”

Team leader of the winning team and economics major, Katie O’Connell, noted that it was amazing to find out that their group had received honorable mention in the iOMe Challenge.  Recalling her feelings prior to the competition and why she chose to compete she said, “I remember hoping to do well!  Receiving an honorable mention was great. I decided to compete in this challenge to get a closer look at how to encourage people to save money.  It truly is a challenge in an economy where interest rates are so low and there is no obvious and immediate reward. But it’s also critically important to the future of our economy, and even our society, to reverse the downward savings trend. I hope that our participation in this process will at least help to open discussion as well as spark ideas and interest in creating an America that saves more.”

Congrats to all of this years competitors and Dr. Emanuel Oliveira!

iOMe results from 2010-2011

Networking Equals Career Fair Success for 2011 Woman of Promise

Caitlin Pionke networks to receive job offer at DOW Chemical in Midland, Mich.

Caitlin Pionke jokingly refers to herself as a “business management major who got a job in the IT department at a chemical company.”

Pionke was named the 2011 Woman of Promise for Michigan Tech’s School of Business and Economics and has taken full advantage of the honor.  She is a senior in Management and an active student across campus belonging to Beta Gamma Sigma International Honor Society and the International Business Ventures Enterprise among other commitments.  For her, being selected as the Woman of Promise by the School of Business and Economics, opened up possibilities for networking with the Presidential Council of Alumnae (PCA) and landed her a job at DOW Chemical.

Immediately upon receiving the award this spring, Pionke began attending PCA events and developing relationships. The time she spent networking allowed her to identify helpful people who would best assist her in finding employment. Almost immediately Caitlin noticed how important networking was to her job search. She made contacts with DOW Chemical prior to the Michigan Tech Fall Career Fair and was then able to secure follow up interviews—both on campus and on site in Midland.

When thinking about her job hunt, Pionke recalls, “It was a great feeling walking up to the DOW Chemical booth at the Career Fair and having the recruiter already know me. Not only did they know my name but they had also already reviewed my resume which had been sent directly to them by my contacts in the company.”

Networking undoubtedly played a large role in her success at the Career Fair.  Pionke noted that for her it wasn’t just the day of the Career Fair that was important, but rather Career Fair month.  Prior to the event she sent out resumes to targeted companies and followed up with thank-yous after the fair.  Even though DOW Chemical did not list that they were looking for Business Management majors, Pionke’s networking had allowed her to stand apart from the crowd and prove herself worthy of an interview.

Pionke will begin her new job at DOW Chemical in Midland, MI as an Information Systems Analyst on June 18th.  Our School is happy to report that she is living up to her name as the 2011 Woman of Promise.

Management Information Systems Class Partners with RMS

Business Intelligence students to work with Revenue Management Solutions on a Project to gain real world experience in MIS.

MIS 3400 Business Intelligence is giving students what all undergraduates look for, practical experience in the classroom that can be translated into the real world.  For the first time, students taking this course will have the opportunity to partner with Revenue Management Solutions (RMS) to work on a project proposal and a mock client contract that resembles work being done currently by international consulting firms.  This opportunity has been made available by utilizing Associate Professor of Management Information Systems (MIS), Mari Buche’s, excellent networking skills.  She reached out to Ashley Johnson, a 2008 MIS and Marketing alumna and RMS employee, and the idea for the partnership was born.

Johnson noted that even in the three years since she graduated from Tech, there have been updates to the curriculum to meet industry needs.  This course is particularly advanced because it gets practical experience into the classroom to students from a variety of disciplines.  The students were given a project proposal that is supportive of the Business Intelligence curriculum, and they will compete in five or six teams of three to four students.  All of the groups will be working on the same client contract.  They will each need to present a deliverable, in the form of either a Microsoft Excel decision support tool or web portal, while functioning under a team structure with positions including: consultant, analyst, and developer. A combination of technical and business skills will be required to produce the desired outcome.

Through this partnership, RMS will provide SBE students with a dedicated server, demonstrations of BI applications, and access to project specific sales data for student manipulation. In return, RMS is looking for an innovative data warehouse design that can meet the Tampa-based company’s increased demand for decision support services based on transaction level data.  For this project MIS 3400 students will be required to develop and document implementation of a new data system that fuels business decisions for any retail or restaurant company.  By the end of the semester, each group will have achieved the following objectives:

  • Data Assessment Document
  • Data Dictionary
  • Entity-Relationship Model
  • Dimensional Model
  • Extract-Transform- Load Process Document
  • System Prototype
  • System Proposal Document

This project is still in the early stages, with the students only just being introduced to the project and made aware of the client expectations at the RMS Project Kick-Off event this week; however, Johnson and RMS are excited about the opportunity to work with Buche and Michigan Tech students who are creative and innovative.  I’m sure the feeling is mutual.