Tag Archives: international

Marketing & Management Student Wins Gilman Scholarship to Study in Southern Spain

By Jennifer Donovan

jbdonova@mtu.edu

Kaila Pietila points to Malaga, in southern Spain, where she will be studying.

Kaila Pietila points to Malaga, in southern Spain, where she will be studying.

December 14, 2015—

Kaila Pietila wants to push her boundaries by studying for a year in Malaga, in southern Spain. The competitive national Benjamin A. Gilman International Scholarship is going to help her do it.

The Gilman Scholarships offer grants for academic studies abroad to US undergraduates with limited financial means. The program’s goal is to better prepare US students to assume significant roles in an increasingly global economy and interdependent world.

And that’s exactly what Pietila, a fourth year marketing and management student in Michigan Tech’s School of Business and Economics, wants to do. “I want this to be my first step toward becoming a global citizen,”  she says.  “I plan to take this experience and make a difference by giving back and contributing to the increasingly interconnected community of our world, as I build my career in an international setting.”

She’s not quite sure what that career is going to be yet.  “I haven’t quite figured out exactly what I want to do when I ‘grow up’ because I’m interested and passionate about so many things,” she says. “I know whatever path I take will most certainly involve people, but I’m hopeful this experience abroad will help clarify my next step.

Malaga, in Southern Spain

She’s going to Universidad de Malaga to study international relations and Spanish language. At this point, her knowledge of Spanish is limited to the basic vocabulary and phrases she learned in high school in Hartland, Michigan, “so the language barrier will most certainly be a challenge,” Pietila says.  “However, I’m excited to focus on language while fully submerged within the culture through my Spanish coursework, daily interactions and travel abroad, and while living with my host family.” 

What made her pick Malaga?

“Malaga attracted me with its melting pot of cultures and unique location as a pinnacle of European and African influences,” Pietila says. “It is a study abroad destination not chosen by many American students, allowing for more cultural immersiveness, but it’s a popular choice among students from elsewhere in Europe. It’s a perfect place for me to study, analyze, discuss and debate global business communication in an international setting.”

Pietila has been working in Career Services since her first year at Tech. The staff there are proud of her for winning the Gilman Scholarship—but not surprised at her success. 

“Everyone at Career Services could see that Kaila was a star from the moment she started as a student assistant with us,” said Julie Way, assistant director for career development education in Career Services. “Throughout the last four years, she’s consistently gone above and beyond and exceeded our expectations. We’ve enjoyed seeing her grow personally and professionally and have very much appreciated the value she’s added to Career Services.”

Michigan Technological University (www.mtu.edu) is a leading public research university developing new technologies and preparing students to create the future for a prosperous and sustainable world. Michigan Tech offers more than 120 undergraduate and graduate degree programs in engineering; forest resources; computing; technology; business; economics; natural, physical and environmental sciences; arts; humanities; and social sciences.


AACSB International Extends Accreditation for Michigan Tech’s School of Business And Economics

Houghton, Mich. – The Association to Advance Collegiate Schools of Business (AACSB) International has extended the accreditation of Michigan Technological University’s School of Business and Economics for five years.

AACSB accreditation is the hallmark of excellence in business education. It has been earned by less than five percent of the world’s business schools. Today, there are 620 business schools in 38 countries that maintain AACSB accreditation.

“I am very proud of our faculty and staff who continuously work hard to maintain this distinct level of quality in business education. This accomplishment confirms our initiatives designed to meet the needs of business as we educate our students to be leaders in innovation, entrepreneurship, and technology management to impact our nation and the global economy,” said Darrell Radson, dean of Michigan Tech’s School of Business and Economics.

The School of Business and Economics first received AACSB accreditation in 2001 and recently completed its second rigorous internal review and evaluation process. AACSB accreditation standards require a high-quality teaching environment, a commitment to continuous improvement and curricula responsive to the needs of businesses.

“This accreditation extension affirms the high regard that academic leaders have for Michigan Tech. The School of Business and Economics has worked hard to achieve this level of quality instruction, scholarship, and research,” said President Glenn Mroz.

View the press release from AACSB.

Michigan Technological University (mtu.edu) is a leading public research university developing new technologies and preparing students to create the future for a prosperous and sustainable world. Michigan Tech offers more than 130 undergraduate and graduate degree programs in engineering; forest resources; computing; technology; business; economics; natural, physical and environmental sciences; arts; humanities; and social sciences.

AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of more than 1,200 educational institutions, businesses and other organizations in 78 countries and territories. AACSB’s mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services. AACSB’s global headquarters is located in Tampa, Florida, USA and its Asia headquarters is located in Singapore.  For more information, please visit www.aacsb.edu.


APMP Speaks on International Investment

Jake Calrson, interviewed on TV6 Monday, March 28, 2011.Republished from TV6 News.

HOUGHTON — Buy?  Sell?  Do nothing at all?

The stock market, at times, can seem like a bit of gamble, especially when events around the world rattle markets.  It’s certainly been an interesting few months for students participating in Michigan Tech’s Applied Portfolio Management Program (APMP).

Each year the group oversees the investment of a $1.3 million university endowment fund.  And this year they’ve seen a lot of activity in the market.

“We are down since March 11th when the earthquake happened, but we expect that to come back quickly,” says senior Jacob Carlson.  “Right now is actually one of the best opportunities to earn money.  There’s a lot of potential.”

The students say they’ve hedged their risk by holding a diversified portfolio.  They’ve got about 35 securities and are always considering new investments.  In fact, they’ve been eyeing a few Japanese companies for several months and say the disaster’s financial impact isn’t all bad.

“Japan has kind of become a pretty big opportunity for investors that are looking for something that’s slow right now and will increase in the future,” Carlson says.

Edward Jones financial adviser Bob Nelson agrees that global thinking is a great way to survive inevitable sell-offs.  He encourages his clients to stay calm, pointing out that uncertainty is sometimes worse than actual bad news.

“Be careful of what the crowds do because they’re typically wrong,” says Nelson.  “The answer is don’t guess on any one play, be diversified.”

Nelson also cautions people to pay attention to the decline of the U.S. dollar.

He says his firm recommends people invest 30 percent of their portfolio in non-U.S. holdings.

Other tips include:  talk to a friend or adviser who can be objective about your money, and consider all aspects of a company (long-term performance, dividends, etc.) before deciding to buy or sell.