Tag: economics

SBE Student Wins National Essay Competition

By Mark Wilcox

A promotion used at his financial institution, provided the inspiration a Michigan Technological University undergraduate needed to take the top prize in a prestigious national essay competition.

For the past four years, teams from Michigan Tech’s School of Business and Economics had advanced to the finals of the iOme Challenge. In 2012 the SBE team took home Honorable Mention and a $2,000 prize. Finally this year, a Husky has emerged as the champion.

Jerrid Burdue has been named winner of the iOme Challenge for his essay and innovative video focused on federal government proposals related to education requirements, the myRA program, Social Security taxes and the Saver’s Credit.

As a result of the win, the third-year student from Niles, Michigan, was awarded the top prize of $5,000 and will travel to Washington, D.C. later this month to present his essay at the Women’s Institute for a Secure Retirement (WISER) Forum.

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Dr. Emanuel Xavier-Oliveira Featured Across the Web

Dr. Emanuel Xavier-Oliveira (SBE) and other professors of economics from universities such as Purdue and Yale were asked by the financial web site WalletHub to comment on growth strategies that state economies can adopt in order to improve or return to full capacity. It was part of a WalletHub report just released on the states with the best and worst economies. News of the report has been picked up by Forbes and CBS News, among others.

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SBE Student in Finals of National Essay Competition

An entry from Michigan Tech’s School of Business and Economics (SBE) has been named a finalist in the iOme Challenge, a national competition.

The SBE’s entry was an essay written by Jerrid Burdue. Emaneul Oliveira (SBE) is the faculty advisor. The official announcement of the ultimate winning team will be June 6.

This is the fourth time SBE has participated in the iOme competition with our team reaching the finals each time they competed. SBE did not participate in 2015 because the competition changed the time frame from the Fall to Spring semester.

The iOme Challenge is coordinated by WISER (Women’s Institute For A Secure Retirement), in Washington D.C. and sponsored by entities such as the American Society of Pension Professionals and Actuaries, Financial Planning Association, Prudential, Experian, among others.

The winning team will go to Washington June 28 and 29 and present their essay to members of Congress, policy-makers and others who are interested in this policy issue.

A top prize of $5,000 will be awarded to the winning student team and $1,500 to the team’s faculty advisor.

More information can be found on the iOme Challenge and WISER web sites.

– Tech Today

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Student Spotlight – Russell Lawson

Senior mathematics major and economics minor, Russell Lawson will graduate next month with a lot of great opportunities ahead of him.   Russell, like most seniors has been working on planning out the next chapter of his life.  He applied to law schools as well as government-funded fellowships to get him abroad for a year.

Within a week of one another, Russell was accepted to the University of Michigan to study law and was accepted to The Congress-Budestag Yourth Exchange for Young Professionals.  Thankfully, University of Michigan has been  understanding. Russell will go to Germany first, and begin his legal studies upon his return in fall of 2017.

As for his fellowship, Russell will be spending the year in Germany.  His first two months will be spent studying at a German language school before he begins taking law courses at a University for a semester.  Russell will then have the opportunity to spend six months working abroad.  The Congress-Budestag Yourth Exchange for Young Professionals is a selective 1-year scholarship awarded to only 75 individuals across the nation.  Congratulations, and best wishes to Russell as he begins an exciting chapter this spring!

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Economic Equality and Entrepreneurship: SBE Faculty Publish Top Paper

1-27-16 Tech Today

A paper about the role that economic inequality may play on entrepreneurial entry, co-authored by Emanuel Xavier-Oliveira (SBE) and Andre Laplume (SBE) (as well as Pathak from KSU), was chosen as one of the top 10 papers of the year 2015 published in the Human Relations Journal (ranked #5 in Social Sciences, Interdisciplinary).

This recognition is awarded by the journal’s editorial team to the papers that best encapsulate broad readership appeal, sound methods and whose theories advance knowledge.