Michigan Tech College of Business Newsblog

School of Business and Economics Announces New Fall 2019 Programs

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The Academic Office Building on Michigan Tech's campus is featured

To better serve and provide opportunities for STEM students, the School of Business and Economics (SBE) now offers a minor in business as an attractive addition for students of any major who will go on to work for a company or organization or start their own enterprise. The content allows graduates to differentiate themselves with a foundation of business skills.

In addition, our recently approved master’s degree in engineering management, a hybrid engineering-business degree, focuses on managerial knowledge, business literacy, and other relevant skills critical for successful operations in various engineering/technology-intensive industries.

Finally, to infuse technology into our accounting curriculum, new courses and content have been created resulting in the new concentration in data analytics. This fall, students pursuing a bachelor’s degree in accounting with also be able to earn an 18-credit concentration in data analytics. Those seeking to earn the Master of Science in Accounting degree will also be able to earn a graduate certificate in accounting analytics or forensic examination. “The concentration and certificate programs leverage accounting, information systems, and math coursework to help students acquire a valuable skill set encompassing databases, data cleaning and visualization, statistical programming, and analytical methods,” says program director and professor of practice, Joel Tuoriniemi. 

According to Dean Johnson, dean of the School of Business and Economics, these new offerings leverages SBE’s strengths as a business school embedded in a technological institution.

To learn more about any of our programs, please email business@mtu.edu.

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School of Business and Economics Announces Teacher of the Year

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Each spring, senior-level students in the School of Business and Economics (SBE) select a slate of faculty to be considered as SBE’s teacher of the year. These faculty are known to go above and beyond and have a positive impact on our students, the School, and the University.

This year’s finalists include: Heather Knewtson (finance), Sheila Milligan (accounting), and Joel Tuoriniemi (accounting). Candidates are voted on by all SBE students and the 2018-19 teacher of the year is Junhong (Jun) Min (marketing).

Min is recognized for his dedication, passion, and for going the extra mile to support students. One nominator wrote: “Jun Min genuinely cares about his students and their success. He goes out of his way to hold meetings after class, just to get to know his students and their goals.” He gives his time and resources, developing connections for students that lead to paid internships, co-ops, and full-time employment.

Min also serves as the advisor to the Michigan Tech student branch of the American Marketing Association (AMA). Congrats, Jun, and thank you, students!

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Business Huskies Place Second and Third in State Project Competition

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Earlier this month, Michigan Technological University’s School of Business and Economics (SBE) sent two teams of undergraduate students to Grand Rapids, Michigan, to compete in the final stage of the eighth-annual THE Project Competition, an annual collegiate project management competition hosted by the Western Michigan Project Management Institute Chapter.

From L to R: Keaton Thames, Erica Austin, Giselle Ulep, Skyler Nelson-Makuch, Sarah Koerber, Quinn Trumbower

Roger Woods, SBE faculty member who leads the opportunity each year, says that the experience engages Huskies in the practice of project management, develops their leadership skills, and provides them with a platform to demonstrate their abilities to business and community leaders.

Michigan Tech has competed in all eight of the competitions, placing third in 2018 and first in 2017.

THE Project scenario for 2019 was to develop a project plan to renovate an existing building on campus to LEED standards. Teams worked with subject-matter experts and stakeholders to develop a project plan using the Project Management Body of Knowledge published by the Project Management Institute. They are assigned a mentor and are judged by professionals at four different stages or “gates.”

Students faced competition from five other Michigan schools including Cornerstone, Ferris State, Grand Valley, Hillsdale, and Western Michigan.

“THE Project is probably the best college experience I have had outside of an internship for my future career in the project management industry,” says first-time competitor and Michigan Tech senior, Connor Green.

A group of five Michigan Tech students pose at competition.
From L to R: Amanda Vermeer, Amanda Sabol, Megan Twork, Connor Green, Hannah Badger
Team Extreme Makeover Tech Edition–comprised of Erica Austin (management, Sterling Heights, MI), Sarah Koerber (engineering management,Grand Blanc, MI), Skyler Nelson-Makuch (supply chain and operations management, Kalamazoo, MI), Keaton Thames (engineering management, Highlands Ranch, CO), Quinn Trumbower (engineering management, New London, WI) , and Giselle Ulep (engineering management, Beverly Hills, MI)–went from last place to the top spot in their division throughout the four competition gates, securing a position in the final three.

Huskies LEED the Way–a team, which included Hannah Badger (engineering management, Plymouth, MI), Connor Green (engineering management, Sandusky, MI), Amanda Sabol (engineering management, Utica, MI), Megan Twork (engineering management, Ravenna, MI), and Amanda Vermeer (engineering management, Sterling Heights, MI)–led their division from start to finish, also securing a spot in the final three.

Final: Huskies LEED second; Extreme Makeover third.

 

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Marketplace’s Chris Farrell to Speak On Campus April 8

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Chris Farrell next to a bronze Husky statue on campus

The School of Business and Economics and WGGL Minnesota Public Radio present Chris Farrell, senior economics contributor at Marketplace, American Public Media’s nationally syndicated public radio business and economic program. A social with light refreshments will be offered before the program at 6 p.m. Monday, April 8, in Fisher 135. Following the 6:30 p.m. presentation Farrell will take questions from the audience. The event is free and open to the public.

Farrell’s presentation, “Old Techniques and New Technologies: The Rise of the Creative Economy,” will focus on one of the most exciting economic trends of our era—the rise of an artisan, craft, and creative business economy. Craft businesses like brew pubs and handcrafted snow bikes aren’t quaint artifacts from another era. They’ve grown and expanded and moved from the economy’s tributaries into the mainstream. Equipped with advanced technologies, entrepreneurial artisans can sell into local, national, and global markets.

An award-winning journalist, Farrell is a columnist for Next Avenue and the Star Tribune. He has written for Bloomberg Businessweek, the New York Times, Kiplinger’s, and other publications. He is also economics commentator for Minnesota Public Radio and host of the series, “Conversations on the Creative Economy.” His most recent book is “Purpose and a Paycheck” (HarperCollins Leadership).

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Business Huskies Travel to Silicon Valley for Spring Break

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Image of bicycle outside Google headquarters
This spring break (March 11-15), the School of Business and Economics (SBE) is sending five undergraduate Huskies to the hub of innovation—Silicon Valley. Sarah Anderson (accounting and finance dual major), Hannah Badger (engineering management), Jacob Mihelich (accounting and finance dual major), Kalli Hooper (engineering management and marketing dual major), and Haley Hall (engineering management and marketing dual major) applied and were accepted to the Silicon Valley Experience (SVE), an annual trip. As part of the application process, students created a two-minute video describing how they will share what they learned with the Michigan Tech community to contribute to the on-campus entrepreneurial ecosystem.

“I had been wanting to go on this trip since my first year on campus,” says Hannah Badger, who along with other business students, will also be sharing their travels live via the School of Business and Economics’ Instagram account (follow at @mtubusiness). She adds that her parents are proud of the professional experience she’s getting. 

Aerial view of Silicon Valley
The trip offers emerging business leaders an opportunity to go inside some of the world’s largest corporations including Netflix, Google, Facebook, Ford, Byton, Hewlett Packard, Twilio, and Capella, as well as Handshake, a Michigan Tech alumni startup. The tour showcases perspectives of a day-in-the-life of successful entrepreneurs, innovators, engineers, and business leaders. It is an interactive opportunity for students to discover more about a variety of industry settings, to sample innovative corporate cultures through tours and presentations, and to meet and network with successful Bay Area-based alumni entrepreneurs.

In total, 15 students across campus were accepted. Lodging, some food, and ground transportation to and from toured companies is provided. Students arranged and paid for their own air travel, although some limited scholarships were made available.

“The Silicon Valley Experience is Michigan Tech’s unique learning opportunity that helps students realize the formula of success = technology + business. Michigan Tech alumni currently working at companies in Silicon Valley escalate our students’ passions as entrepreneurial thinkers,” says Junhong Min, professor of marketing and SVE chaperone.

The opportunity is made possible in part through major gifts from alumni Rick Berquest, Tom Porter, and Kanwal Rekhi, and is a collaborative effort between SBE, Pavlis Honors College, the Innovation Center for Entrepreneurship, and the 14 Floors initiative.

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