Michigan Tech College of Business Newsblog

SBE Faculty Recognized by Fraternities and Sororities

Published April 12, 2016

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On Sunday, about 250 students gathered for the 10th Annual Greek Life Awards Ceremony in the MUB Ballroom.

In addition to the many student awards presented, Order of Omega, the Greek Life Honor Society that coordinates the awards, also took the time to recognize some exceptional faculty and staff.

There are more than 500 students in fraternities and sororities at Michigan Tech and Order of Omega wants to emphasize Outstanding Faculty and Staff Awards come directly from the students.

When writing a nomination for the Outstanding Faculty Award, students were asked to consider faculty who:
are dedicated to supporting students and helping them succeed academically
demonstrate a passion for teaching and/or research
utilize innovative teaching methods
promote academic integrity among students
When writing a nomination for the Outstanding Staff Award, students were asked to consider staff who:
are dedicated to supporting students and helping them succeed both inside and outside the classroom
demonstrate a passion for working with students
promote and inspire the Michigan Tech Values of Community, Scholarship, Possibilities, Accountability and Tenacity

The following faculty and staff members were nominated by members of the Greek community and were recognized at the 2016 Greek Life Awards Ceremony (winners in bold):

Faculty:
Dana Johnson (SBE)
Jeffrey Wall (SBE)
Ted Anderson (SoT)
Tony Rogers (ChE)
Staff:
Cody Kangas (Center for Pre-College Outreach)
Jannah Brandt (Center for Pre-College Outreach)
Mark Maroste (Auxiliary Services)
Whitney Boroski (Wellness)

These nominations were written by individual students and were supported by an entire fraternity or sorority.

In addition, Ellen Horsch, VP for Administration, was honored with the Outstanding Chapter Advisor of the Year Award. Ellen has served as an advisor for Alpha Gamma Delta Women’s Fraternity for 30 years.

Congratulations to all the faculty and staff who were nominated and thank you for inspiring and motivating students!

Story from Tech Today on Tuesday, April 12, 2016

Two Michigan Tech Teams Win New Venture Competition

Published April 12, 2016

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Two student teams from Michigan Tech each brought home $10,000 or more in venture funding from the New Venture Competition at Central Michigan University last weekend.

Superior Filament, led by Cedric Kennedy, Aubrey Woern and Jos Krugh, brought home a $10,000 Best Technology Award, as well as another $1,000 for Best Pitch and the $250 Audience Choice Award.

The student-run company is developing filment for 3-D printers from recycled plastics to support growth in the 3-D printing industry while reducing environmental impact.

We Inspire, led by Arick Davis, won the $10,00 Korson Family Highest Growth Potential Award. We Inspire is developing an online system and community to help students make informed career choices by connecting them with profiles and feedback from practicing professionals.

Two other Michigan Tech teams participated in the annual entrepreneurial competition. TRU is developing a big data solution with proprietary algorithms to help performance athletes optimize performance through informed nutritional and dietary supplement choices.

Huskies 4 Hire is connecting students looking for short-term employment opportunities with community members seeking temporary employees.

The Pavlis Honors College helped sponsor the event financially. The student teams received support from Michigan Tech’s Innovation Center for Entrepreneurship, the School of Business and Economics and the MTEC SMartZone..

Story written by Jenn Donovan in Tech Today – Tuesday, April 12 2016

To read more, check out senior electrical engineering major, Arick Davis’ LinkedIn post.

Brown Bag Lunch Seminar

Published April 11, 2016

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The School of Business and Economics will have its third brown bag lunch research seminar from noon to 1 p.m. on April 21, in Academic Office Building (AOB) 101. Associate Professor of Accounting Robert Hutchinson will present his latest research. All interested members of the MTU community are invited.

Title: Intangible Resource Value and Tobin’s Q: Evidence from the Super Bowl.

Abstract:

The emergent resource-based view of competitive strategy is that companies survive in the long-run by developing unique capabilities that are firm-specific and difficult to duplicate. Brand equity represents one of the most valuable, unique, and potentially long-lasting of these resources, and the need for developing accounting measures that allow for the efficient management of such resources is increasingly recognized. This study uses a unique data set to empirically examine the impact of one of the most exclusive and coveted forms marketing activities, Super Bowl advertising, on long-term brand equity via the q ratio. This paper attempts to bridge the gap between the management accounting and marketing management literatures by providing a practical application of the q ratio and a resource-based perspective on the reporting of intangible assets.

Operations and Supply Chain Management Students Visit Peterlin Distributing Co.

Published April 11, 2016

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Management: Supply Chain and Operations

Students in Roger Woods’ OSM 3000 course have had the opportunity to tour Northern Hardwoods and Calumet Electronics to take their education outside the classroom. On Thursday, April 7 students met up at Peterlin Distributing Company in Calumet, Michigan to tour their wholesale warehouse. Vice President, Mark Almquist provided a behind the scenes look of the largest beer and wine distributor in the Upper Peninsula. Peterlin is one of 34 distributors in the nation to carry both Miller and Anheuser-Bush products, and has proudly been the main supplier to seven counties in the Upper Peninsula since 1939.

During the tour students learned about the stocking and shipping processes, how the stock is protected, how the facility meets heating and cooling standards and they even had the chance to sample a new product.

APMP Travels to NYC

Published April 8, 2016

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Four students from the Applied Portfolio Management Program traveled to New York City for the Quinnipiac Global Asset Management Education Forum. This two and a half day experience provided students and faculty from 47 states and 36 countries the opportunity to interact with industry leaders while learning the best practices in investment management. Zachary Bedell, Matthew Mateer, Kendra Rasner and Dallas Bond traveled by car from Houghton Michigan to attend this forum.

The forum included key note presentations, interactive sessions, and networking opportunities. Kendra Rasner even had the opportunity to close the Nasdaq alongside other students attending the forum.

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Senior Dallas Bond shares his perspective on the experience:

We left Monday March 28th at 2:00 pm, it was the usual trip except we were headed to the big apple. We reminisced in the car and joked around like most college students would. First we had to get through Pure Michigan which takes forever in itself and then we crossed into Ohio and drove the turnpike all the way to Pennsylvania and through Pennsylvania to New Jersey onward to New York. We had many stops throughout for the usual bathroom break and food. Once we arrived into New Jersey and into New York everything seems so crazy. You’re sitting in bumper to bumper traffic and everything is almost so overwhelming. It can be a bit frustrating but it is a really good learning experience. While in New Jersey and New York once we got settled at the Hotel we used public transportation which took us the first day to get the swing of things but by the end of the week we had it pretty down pat. While in New York we got to see the Statue of Liberty, the NYSE, the Nasdaq, Times Square, Central Park, the Brooklyn Bridge, the World Trade Center, the Empire State Building and just the crazy city that is packed with 8 million people all trying to do their daily routines. Traveling and experiencing a city so big can be tiring and stressful but it also teaches to many different things. It takes you out of your comfort zone and no matter where you travel you always learn something new. You learn more by traveling and doing then by staying exactly where you are. I think we all enjoyed New York but we were also at the end just happy to get back to our lives and be home here at Michigan Tech. Always take the opportunity to journey into a foreign land as it will teach you many lessons you may have not learned otherwise.