Business Intelligence Students Partner with Revenue Management Solutions

Students in Michigan Tech’s Business Intelligence class (MIS3400) spent less time hitting the books this semester and more time focused on an innovative, real-world project that was the result of an industry partnership with Revenue Management Solutions (RMS) headquartered in Tampa, Florida. In this upper-level class, the skills learned in previous courses were put to the test as five teams of students were provided access to a warehouse of test data from a simulated Michigan client. The assignment was to create meaningful business information from the mountain of data, and to formulate strategic recommendations for the coming fiscal year. And, creativity was a required element.

Before the project began, students chose critical roles within their teams – e.g. Consultant, Analyst, and/or Developer. During the final class session of the semester, the teams presented their prototypes and recommendations in person to the client liaison/RMS representative. Following the team presentations Ashley Johnson encouraged the students to seek out internships if they enjoyed the work performed in the class. She also commended the groups for communicating openly with her as a client throughout this scenario.

“You have done great work here,” said Ashley. “As you move forward in your careers, remember to add this to your resume, that you have created a data warehouse and are comfortable analyzing big data sets. This is exactly the type of work I would expect to see in my office,” said Ashley Johnson, Data Analytics Manager with RMS.

The student teams were told to approach the project as if the transactional data were collected from an actual client’s business enterprise. The two years’ worth of data were used to analyze performance in relation to the competition, item profitability, top product-drivers, etc. The expectation was that students learn database software skills including data extract/transform/load (ETL) using the SQL Server suite of applications, as well as Microsoft Visual Studio, Excel,  Access, and other Windows 7 software for completing the final proposal. This activity provided experiential learning that mirrors the work performed by IS/IT professionals in industry today. Lessons learned will be incorporated in the next course offering as we strive for continuous improvement of our innovative MIS curriculum.

Celebrating a Special Teacher, His Students, and Alumni

Dean Johnson with Dee and Jim Trethewey.

A packed MUB Ballroom was a testament to Dean Johnson, the James ’67 and Delores Trethewey APMP Professor in the School of Business and Economics, his students, and the couple who have endowed his professorship.

At the reception, it was a family affair, too, as Johnson’s home life was acknowledged, first by President Glenn Mroz. Johnson’s family was present, and they were given credit for helping Johnson establish the program twelve years ago. The endowed professorship was a great reflection on all of Michigan Tech, Mroz added.

Dean Darrell Radson agreed, stating that as great as the Applied Portfolio Management Program was in terms of marketing and public knowledge of the School and University, it was the impact on the students that truly mattered.

“Great business schools are always part of great universities,” Radson said. “And endowing the professorship is an important step toward greatness.”

James Trethewey said, as he thought about the day, he thought about honoring our heroes like Johnson, and authenticity.

“I looked up ‘authentic,’” he said. “And it talked about being original, trustworthy, and sincere, and that is certainly Dean. This greatness at Tech comes from everyone, too. Great leadership like Glenn, great staff, great people, including everyone in this room.”

Thus, we salute our hero, Trethewey said.

Johnson spoke on the history of the APMP: from three volunteers to more than 300 students overall; from an excursion of a golf outing to NASDAQ and Chicago Mercantile visits; from a “scholarship” of a pizza dinner to all the APMP students operating on real scholarships; from a little room in the basement to a sparkling new LSGI Trading Room with a $25,000 per year Bloomberg terminal.

“It’s really about coming full circle,” Johnson said. “Sam Tidwell changed Jim’s life, and now he and Delores are changing the lives of students.”

The ceremony continued with a plethora of student testimonials, read by Ted Simonsen ’07, who works for Ameriprise Financial locally and was representing his APMP brothers and sisters and all the students touched by Johnson.

“As much as I appreciate his teachings about investments,” Simonsen said, in his own testimonial, “it was his way of connecting with students on a personal level that meant even more. He takes the time to get to know all of his students, and I use that great example every day.”

Graduating APMP students Ann Dancy and Todd Storm, fittingly, were the last to speak. They reinforced impact that this teacher, alumnus, and program have had them, as the ceremony ended and the family of Tech celebrated heroes past, present, and future.

Entrepreneurial Lunch ‘N Learn on Tuesday

Learn all about paying your startup team members with equity.  Attorney Don Baker of Safford & Baker, PLLC will provide a noon time webinar all about stock grants and options for startup companies. Don is one of Michigan’s most experienced attorneys in startup companies and a down to earth presenter as well.   Bring your lunch and join local host John Diebel in room 101 in the School of Business and Economics building for this informative session sponsored by the MIT Enterprise Forum.  The session runs from noon – 1pm on Tuesday April 24.

Economics Major Elected USG President

Eli A. Karttunen, USG president, a senior in economics.

New members have been elected to the Executive Board of Undergraduate Student Government (USG)  for one-year appointments.  The School of Business and Economics is proud to announce that one of our own, Economics major Eli Karttuenen, has been elected to serve as president.

2012 USG members and Titles:

* Eli A. Karttunen, president, a senior in economics

* Donnie L. Palmer, vice president, a junior in chemical engineering

* Jennifer M. Zarzecki, secretary, a senior in mechanical engineering

* Abhishek Gupta, treasurer, a senior in civil engineering

As a member of the USG for the past 2 years, Eli has seen many ways in which USG could improve student life on campus by making student’s opinions heard, which is a big reason why he chose to run for president. USG is supposed to be the collective voice of students on campus.  Eli hopes improve the current relationship between students, USG, and the administration during his time as president.

When we asked Eli about his goals as president, he responded “My first priority is to improve the relationship between USG and the students. An organization only has as much influence as its constituents afford, and this is one area USG has been lacking. I know how this organization works and what students need.”

We wish Eli and the rest of the Undergraduate Student Government the best of luck in attaining and surpassing their goals during their appointments!

Dr. Mari Buche Receives Advisor Award

Associate Professor of Management Information Systems was presented with the Student Organization Advisor of the Year award.

The 18th Annual Student Leadership Awards ceremony was held Friday, April 13, in the Memorial Union Ballroom. Thirteen awards were presented with nearly 175 students, faculty, staff and campus leaders attending the event.

Associate Professor of Management Information Systems Mari Buche received the Student Organization Advisor of the Year.

Jess Banda, Director of Public Relations for the  Rotaract on campus said, “More than an adviser, Mari is a motivator, constantly encouraging the organization to pursue national and international projects, to collaborate with the local community, and to stretch ourselves and reap the benefits of accomplishment.

Never more than a quick call or e-mail away, Mari makes herself consistently available to support Rotaract activities. Mari is a truly excellent advisor. She’s given much of herself, and she deserves to be recognized for her commitment to students.”

Congratulations Dr. Buche!