INSID E THIS ISS UE: FOCUS News from the School of Business and Economics Volume 4, Issue 14 April 15, 2013 A Message from Dean Bailey Beta Gamma Sigma Induction Ceremony 1 Student Investment Fund Members in Dayton 3 A Message from Dr. Jessica Bailey 1 Northwest Middle School Visits the SBE 3 Greetings, SBE Presentations at Scholars Day 2 Scholars Day Posters (pages 4-11) 4 Student Profile—Andreya O’Brien 2 Thank goodness, I did not have to report for jury duty this week! I would much prefer to be in the School of Business and Economics, where exciting things are happening. A team of MBA students, accompanied by Dr. Notis Dr. Jessica Bailey Pagiavlas, are putting the finishing touches on their presentation at the upcoming OFC Challenge, a business plan competition taking place April 18-20 in Atlanta GA. We wish the team of Veaceslav Driglov, Kendra Heard, Chinita Lassiter, David Showers, and Nicholas VerHague good luck in the competition. SBE Faculty & Students Inducted into Beta Gamma Sigma Dean Jessica Bailey, in her capacity as President of Beta Gamma Sigma had the honor this weekend of inducting both faculty and student members into Beta Gamma Sigma. Beta Gamma Sigma is an international honor society serving business programs accredited by AACSB International, The Association to Advance Collegiate Schools of Business. Membership in Beta Gamma Sigma (BGS) is the highest recognition a business student anywhere in the world can receive in a business program accredited by AACSB. This Spring, we had the privilege to induct two faculty members and sixteen students from the SBE. Faculty inductees were Dr. Sharon White, Chair of the Department of Accounting and MIS and Professor of Management Information Systems and Dr. Edward K. Zajicek, Associate Professor of Economics. Master of Business Administration candidate inductees included Timothy Clare, Aparna Shivram, Balavani Thushyanthan and Allan Younger. Master of Healthcare Administration candidate inductees include Bryant Foriest, Smantha Gulledge and Geordon Kepley. SBE Senior class inductees are Michael Bachman, Brooke Lambeth, Mary-Nina Ukariwo and Crystal White and Junior class inductees are Savey Alston, Antoinette Cashwell, Vanity Oakes, Andreya O’Brien and Tanya Pettus. The event was presided over by Ms. Alexis White, BGS and Senior class member. Ms. White welcomed the BGS inductees, their families and honored guests. She then turned the podium over to Dr. Jessica Bailey, Dean of the School of Business and Economics. Dr. Bailey offered the Statement of Occasion followed by the Induction Ceremony where she was joined by Dr. Thomas O. Jones, BGS Faculty Advisor. Following the induction of faculty and students, dinner was served to all in attendance. After dinner, Ms. White returned to the podium to introduce keynote speaker Dr. Quiester Craig, Dean of the School of Business and Economics at North Carolina A&T State University who challenged the new inductees and their family and friends to always lead their lives in the highest ethical fashion and to recognize the honor that was bestowed on them by their entry into Beta Gamma Sigma. Dr. Bailey offered closing remarks supporting Dr. Craig’s advice and reminding students that they should follow the mission of Beta Gamma Sigma by always endorsing the principles which members of BGS strive to uphold including honor, wisdom and earnestness. She closed her remarks by acknowledging the importance of family and friends to the development of each of the inductees and invited those who had contributed to their success to stand and be recognized for their importance to them. The SBE administration will also be attending a reception for Dr. Louis Sullivan, Keynote Speaker of the WSSU Health Disparities Research Conference. In addition to serving as Secretary of the U.S. Department of Health and Human Services (HHS), he is the President Emeritus of the Morehouse School of Medicine. The SBE has a significant investment in the arena of healthcare because its masters degree program in healthcare administration (MHA). It should be a great event. Have a wonderful week! Jessica Bailey FOCUS is published weekly by the School of Business and Economics at Winston-Salem State University. For information concerning the newsletter, or to contribute an article, please contact Ben Greene at (336) 750-2330 or by forwarding an e-mail to greenebp@wssu.edu. FOCUS News Page 2 The SBE Presents on Scholars Day The School of Business and Economics was well represented on Scholars Day, Tuesday, April 9 at the Kennedy Dining Hall of the Thompson Center. Here, faculty and students were recognized for their production of scholarly work. The campus community came together to celebrate the importance of research and to view the presentations. This year, 23 departments were represented from each of the schools. Each of the researchers prepared posters exhibiting their work and were available to discuss their research and conclusions with visitors at the event. The SBE submissions included From Research Novice to “Singing With the Opera”: A Case Study Approach presented by Rashakeh N. Battle (rbattle111@rams.wssu.edu) and Dr. Janice Witt Smith on the development of a student into a researcher; An International Investigation of Work Ethic: Juxtaposing Work Ethic Espousal of Students in India and the U.S. presented by Conner S. Chambers (cchambers111@rams.wssu.edu), DaRio R. Hall, Corey D. Bonnette, Dr. Suresh Gopalan and Dr. Melissa J. Mann on whether a significant difference exists between the work ethic of Indian and American students; Investment Pattern and Opportunities in Moldova, Opportunities for U.S. Business presented by Veaceslav Driglov (vdriglov112@rams.wssu.edu), Dr. Suresh Gopalan and Dr. Stephen Aragon on the investment, business and legal environment in Moldova and its affect on international business interest and ability to gain wider access to European Union markets; Creating a Training Program to Ameliorate Work Ethic Espousal presented by DaRio R. Hall (dhall111@rams.wssu.edu), Conner S. Chambers, Corey D. Bonnette and Dr. Melissa J. Mann on whether work ethic values become fixed by age 18 or can be learned and changed over time; Perceptions of a Woman’s Place in Business presented by Sloane J. Holmes (sholmes109@rams.wssu.edu) and Dr. DaRio Hall, Dr. Melissa Mann, Conner Chambers, and Corey Bonnett at Scholars Day Melissa J. Mann on whether obstacles that women face when striving to reach top level management positions are still relevant in today’s society; The Use of Mobile Phones for Diagnostic Healthcare—A Systems Analysis & Design Project presented by Jeneh Kennedy (jkennedy110@rams.wssu.edu), Heidi James and Dr. Alice Etim on the utilization of mobile phones equipped with diagnostic apps in developing world regions for the diagnosis of malaria and other diseases; Federal Open Market Committee Meeting presented by Dominick Olshanski (dolshanski109@rams.wssu.edu), Almaroof Agoro, Taylor Curry, MarcAntony Chism, Bryant Bell, Kennard Lytle and Dr. Edward K. Zajicek on recommendations presented to the Federal Reserve on monetary policy implementation; and Which Suite Fits You? presented by Darien J. Robinson (drobinson110@rams.wssu.edu), Geno Harris, Erin Flanders, Christian J. Hinton, Dr. Sathasivam Mathiyalakan, Dr. George E. Heilman and Dr. Sharon D. White on an investigation of free competitor office suites as an alternative to the Microsoft Office Suite. Each of the authors would be happy to discuss their findings with you. In most instances, it would be best to contact the lead author at the email address following their name in this article. Copies of the posters from the presentation are included as attachments to this issue of Focus. Student Profile—Andreya O’Brien Andreya O’Brien is a Junior Accounting and Management Information Systems double-major who currently serves as the Secretary for the Association of Information technology Professionals (AITP). She is also a member of the National Association of Black Accountants (NABA), the Student Advisory Council, the Honors Program, and the WSSU Women’s Softball team. Through these organizations, she has volunteered with Habitat for Humanity and the Second Harvest Food bank. Andreya was recruited to play softball for WSSU by Head Coach Lataya Hilliard-Gray. She agreed to join the Andreya O’Brien program after visiting the campus and learning that there is a relatively small professor-student ratio, which is the learning environment she desired. This environment has helped Andreya earn Dean’s List honors every semester she has been here. Andreya has played a part in the softball team capturing two CIAA Championships (2011, 2012) and competing well in Regionals. In 2012, Andreya was awarded CIAA second team as Designated Player (DP). The softball team plans to win another CIAA championship and become the first HBCU to win games in Regionals. After attending the NABA Southern Region Student Conference, Andreya was offered a finance internship opportunity with General Electric Company (GE), but has decided to join Altria Client Services as an Internet Technology intern in Richmond, Virginia for the summer. This will be Andreya’s first work opportunity within IT. She is excited to join her fellow rams, Alexis White and Khendra Reid who have been offered full-time jobs after interning with Altria last summer. Andreya was honored twice in the past two weeks when she was inducted into Beta Alpha Psi, the honorary society for financial information students and Beta Gamma Sigma, the honorary society for Schools of Business. FOCUS News Page 3 Student Investment Fund Members Travel to Dayton, Ohio Mr. Nick Daves, Director of the Center of Excellence in Financial Services, accompanied three students to “RISE 13: Redefining Investment Strategy Education” held in Dayton OH April 4-6. The students, Bryant Bell, Antwon Freeman, and Linwood Woodley, are all members of the SBE Student Investment Fund. They traveled to Dayton to participate in an interactive learning environment led by experienced practitioners from the financial services industry and internationally renowned industry leaders. The conference included panel discussions, keynote addresses, and breakout sessions focusing on a wide range of topics. The students were immersed in information concerning security analysis, portfolio management, trading workshops, and strategies for building a career. The agenda also included a student- trades using funds provided to the School of Business and Economics by a grant from BB&T and the largess of several donors. This will In early April, students from Northwest Middle School came to visit the new financial trading room at the School of Business and Economics. There, Nick Daves, Director of the Center of Excellence for Financial Services demonstrated the capabilities of the recently opened facility, including its 26 dual screen workstations featuring Morningstar Direct stock information; the four-panel video wall displaying US and international indices, commodities, and most active issues, the world map and clock, and Smart Board technological advantages. One of Linwood Woodley, Kathleen Hays, host of “The Hays Advantage” on Bloomberg News, Bryant Bell, and Antwon Freeman at the R.I.S.E. 13 Conference permit trades utilizing real funds and serve as the basis for scholarship opportunities in the future. managed portfolio competition, in which SBE students may participate in the future. The R.I.S.E. 13 conference was co-sponsored by the United Nations Global Compact. The participants at the R.I.S.E. conferences are widely acknowledged to be the current and future leaders in finance. The conference itself is the largest and longest running student investment conference in the world. Each year business professionals from Wall Street, corporate America, government and the financial media are invited to share in the first day. It was then that WSSU students met Kathleen Hays, from Bloomberg Radio News. This conference was designed for institutions like the School of Business and Economics which possess Finance Labs for student instruction in investment principles and practices. The SBE Student Investment Fund will be executing This year’s conference featured a first, with a presentation entitled “Federal Reserve Presidents Panel.” The panel presented dual perspectives on Fed policy, which is so important in today’s economy. Antwon Freeman, Linwood Woodley and Bryant Bell Northwest Middle Students Visit SBE the highlights for students was the newly added “dry erase wall” where they could use dry erase markers to sign and write their school name on the front wall of the financial trading room. The SBE looks forward to the prospect of some of these students as future finance majors at WSSU and Certified Financial Planners. Northwest Middle School students listen to Nick Daves speak about the new SBE Finance Room