FOCUS A MESSAGE FROM DEAN BAILEY

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Student Profile
FOCUS
News from the School of Business and Economics
Before entering the
Master of Healthcare
Administration program, JaNae’s
education and career was focused
on healthcare. She completed her
Ph.D. in Molecular Medicine from
Wake Forest University in 2007
and hoped to find an alternative
to the traditional postdoctoral
position that used her research
skills, but with a closer alignment
with a more global healthcare
perspective. As research director
at the Wake Forest Baptist Health
Consortium for Southeastern
Hypertension Control, she served
in both administrative and
research roles in the physician
quality improvement programs
involving physician continuing
medical education. JaNae feels
that an MHA degree from WSSU
combined with her research and
experience will be an asset to a
health care network, clinic or
hospital as pay for performance
and quality measurement become
primary reimbursement means.
JaNae said “With the
changing face of healthcare, I feel
that there is a need for someone
who understands analytics and
who has administrative training to
help primary care and hospital
settings change as healthcare
transforms. As a scientist, I have
the expertise in data analysis but I
am missing the administrative
angle. I have chosen the WSSU
MHA program due to its
convenient class schedule, caring
faculty, and lower cost to gain the
necessary administrative training
needed to be one of those future
administrators leading the way to
our changing healthcare system.” January 13, 2013
Volume 4, Issue 1
A MESSAGE FROM DEAN BAILEY
To all supporters of the School of Business and Economics at Winston-Salem State University,
Welcome to the new FOCUS newsletter!
After a long hiatus, the newsletter has returned in its new, more exciting format, designed to bring
you weekly news and updates of the School of Business and Economics. It is our
way of keeping you informed about what’s happening and to give you an opportunity
to be a part of upcoming events.
The weekly newsletter will be delivered by email every Monday morning
before 12:00 noon and it will be loaded with all sorts of valuable information on a
variety of topics. This will be your chance to learn about events that have taken place
in the past in the SBE; the accomplishments of faculty, staff, and students; new
facilities and renovations in the RJ Reynolds Center; events planned for the
future; and opportunities for you to become involved.
The new, shorter format offers quick and easy access to the things that you
Dr. Jessica Bailey want to know, including people and events that are being spotlighted and featured
events planned for the upcoming week.
We are hoping that you find the new FOCUS newsletter to be both timely and exciting, as it
becomes your continual connection to the School of Business and Economics.
Enjoy!
A P rev i ew o f t h e N ew Tr a d i n g R o o m
WriƩen by Brianna Galbreath, 2011 WSSU graduate,
1st Grade Teacher, Bluford Elementary STEM Academy, Guilford County Schools
Winston-Salem State University’s (WSSU) School of Business and Economics (SBE) is completing
construction on a state-of-the-art trading room. A trading room is found in a financial institution’s security
trading department, and it is where actual stocks, bonds, and notes are bought and sold.
“Over 300 colleges and universities use trading rooms to enhance their learning
experiences and better prepare graduates for careers in business, finance and economics”
says Nicholas Daves; Director of the Center of Excellence in
Financial Services at WSSU. Campuses across the nation are
becoming more competitive and globally connected. The
trading room will enhance both of these areas for the
university. “The purpose of the trading room is to bring world Nick Daves -wide financial market information to the School of Business
and Economics.”
In this issue:
A message from Dean Bailey
Our New Trading Room
1
1
SBE Business Plan Competition 2
The BB&T/SBE Initiative
3
Competitiveness in the 21c
3
Brianna Galbreath
JaNae Joyner, MHA Student Joyce Jenkins, SBE
Business Officer and Justin
Winslow, SBE Alum visit
outside of the Trading
Room
The trading room is located on the first floor of the R. J. Reynolds
Center, and it is equipped with twenty-six work stations with dual screen
monitors, a world clock with local time in worldwide financial markets, an
NYSE ticker tape, and wall panels displaying current stock and bond prices and
news. Inside are display panels featuring stock, bond, commodities, foreign
currency exchange rates and market indices. (continued on page 2)
Watch for an invitation to the Grand Opening of the Trading Room
Trading Room, Continued
The trading room will become
the heartbeat of the R. J.
Reynolds Building with the 45foot ticker tape displaying
transactions on a 20-minute
delay. There will be glass
panels in place to allow the
trading room to be visible from
the hallways in the building and
outside the building toward the
traffic circle. This will attract
students, faculty and staff, and
visitors to the trading room.
“The trading room will be
available to other parts of the
university and to the
community.”
maximal learning achievements.
Daves added, “The closer
relationship with financial
institutions will also enhance
the level of corporate financial
support for the SBE.”
Mr. Nicholas Daves
explained the funding process
of the new trading room.
“Funding for the construction,
furniture, and display
equipment is coming from a
Title III Grant from the federal
government. On-going
operating expenses for the
room will be funded by a grant
from Gateway Management
Services, Inc. to the Center of
Excellence in Financial Services
The SBE offers a General
and from other sources.” The
Education course in
trading room is sure to be
Personal Financial Planning money well spent for the
(FIN 3357) in the Spring
department as well as the
satisfying the Quantitative university.
Literacy Requirement
When asked, “How
will the trading room be used
in the SBE?”; Mr. Daves
responded, “Students and
faculty will be able to use the
Morningstar Direct financial
platform to conduct research
and complete course projects.
The 2013 School of Business and Economics
(SBE)/Center for Entrepreneurship
Business Plan Competition
The SBE/Center for Entrepreneurship Business Plan Competition is
open to any WSSU full
full--time undergraduate or graduate student during
the 2012
2012--2013 academic year (individual or teams from any academic
discipline/major, including December, 2012 graduates). Deadlines to
compete are as follows:
January 25
Student teams must submit an Intent to Compete
notification to Dr. Notis Pagiavlas by email to
pagiavlasno@wssu.edu
Executive Summary (1
(1--2 pages) is due
Business Plan is due by 3:00 p.m. (5 bound copies)
February 4
February 8
February 16 Business Plan Competition (10:00 a.m.
a.m.—
—3:00 p.m.)
1st Place Prize
1st Runner Up
2nd Runner Up
$1,500.00
$1,000.00
$ 750.00
2009 MBA team of Tracy Askew, Erin Hammond, Tiyi Moori, Jonathan Sadler and Crystal Wilson
with faculty advisors Drs. Kathy Stitts and Notis Pagiavlas
In 2008, WinstonJudges for the competition include leading business professionals, venture
Salem State University (WSSU)
capitalists, and organizational/community development specialists.
was the first among the
All alumni, faculty, staff and the Greater
Historically Black Colleges and
Universities (HBCU) to
Winston
Winston--Salem community are invited to
register its undergraduate
attend the competition on Saturday, February 16 from
finance curriculum with the
Certified Financial Planner
10:00 a.m.
a.m.--3:00 p.m. The competition will be held at
Board of Standards, Inc. (CFP).
With the trading
In addition, investment classes
room, the SBE can enhance the
will be taught in the trading
CFP registered curriculum by
room at the undergraduate
giving students real world
level and graduate level.”
experience in the financial field
The trading room will of study. Mr. Daves concludes
be home to a student-operated the interview by saying, “The
investment club that will work trading room will add a new
with real money to make
dimension to our curriculum,
investment decisions. This
which will be Invaluable to our
investment club will be
students.”
supervised by faculty and
industry professionals. Financial
institutions and students will be
brought together by the trading
room; sparking connections
that could lead to internships
and job opportunities.
Additionally, these
financial services practitioners
will hold seminars in the
Edison Mechanical Stock Ticker (Circa 1869) trading room allowing for
the Enterprise Center (1922 Martin Luther King, Jr.
Drive - Former Boy’s and Girl’s Club). Please RSVP to
greenebp@wssu.edu or call
(336) 750
750--2330 if you plan to attend.
The Trading Room Quad-Panel Video Wall and International Clock
Professional Development Center
joins forces with BB&T to create
new HBCU initiative
Tom Baldwin, BB&T
Senior VP, Coordinator of
Multicultural Markets and
Michael
Diamond,
BB&T
Wealth
Senior VP
were on
hand
January 8,
Tom Baldwin at the
first faculty meeting of spring
2013. Together they unveiled
the new BB&T Institute of
Professional Development. The
institute is the product of
seven months of collaboration
among BB&T, representatives
from Winston Salem State
University, Johnson C. Smith
University and North Carolina
A&T University. This is a firstof-its-kind venture designed to
provide a coordinated series of
nine training modules and three
signature events to help
students learn key soft-skills
needed for success in
corporate environments. The
training modules cover
business etiquette, business
communication and financial
literacy in progressively
advancing levels over a three
year span. The PowerPoint
presentation used for this
meeting was a part of the set of
marketing materials prepared
by BB&T’s marketing
department customized for
each university with input from
marketing specialists from the
individual schools. The WSSU
team consists of Don Wood,
PDC Director, LaMonica Sloan,
Director of Career
Development Services, Sigrid
Hall-Pittsley, CMO of WSSU
and Teresa Mackey, BB&T
Multicultural Markets Officer
for the Triad and interim
WSSU liaison.
Fifteen to 30 Students
recruited for this competitive
program each year will begin as
sophomores and continue into
their senior year. Successful
WSSU School of Business and Economics
Launches Book on Competitiveness
completion of the program
The School of Business and Economics at Winston-Salem State
guarantees participants
University (WSSU) presented a collection of essays on factors that affect
program certification and
success in today’s competitive environment on Tuesday, September 13,
interviews with BB&T. During 2011 in the auditorium lobby of the R. J. Reynolds Center on campus.
the presentation Baldwin noted
that several majority
Editors for the book, Modern
universities are asking for this
Competitiveness in the Twentyprogram but that it is being
First Century: Global Experiences,
“beta-tested” at the three
included three faculty members
HBCUs and will go out to
from Winston-Salem State
other schools only after the
University. They are Jessica
initial run at WSSU, A&T and
Bailey, Dean of the School of
Smith.
Business
and
Economics,
To illustrate the
Zagros Madjd-Sadjadi, Chair of
importance of the
the Department of Economics
collaboration, Michael
and Finance, and Nikolaos
Diamond announced that the
Karagiannis, Director of the
top producer in the BB&T
Center for Economic Analysis
Wealth division, companyand Associate Professor of
wide, was WSSU alum TaJuan
Economics. Claudette ChinMills. This drew applause from
Loy, Assistant Director of the
the faculty. Diamond
doctoral program in business
hammered home the point that
studies at Nova Southeastern
we must continue to create
University in Florida, also
avenues for more people like
served as an editor.
Mills to thrive in the corporate
sector.
“Our goal was to create a
Michael Diamond Don Wood, who has been
in close consultation with Dean
Bailey and Associate Dean
Suresh Gopalan about this
project, concluded the session
by sharing that the
development process is nearing
the point of completion. Final
review of marketing materials
is coming in February,
application and recruitment
materials are being finalized and
questions and comments from
each school’s faculty help to
refine the process to give our
students a great advantage.
Don Wood, Director of the
Professional Development Center
can be reached at (336) 750-8868
or by email at wooddj@wssu.edu
thought-provoking platform for developing alternatives to improve
competitiveness in the twenty-first century,” said Karagiannis. “The
contributions to the book expand and update the existing body of
knowledge, including providing contemporary material in direct contrast
with older views and thoughts. We think the collection of material offers
concrete alternative policies related to many aspects of competitiveness
in today’s global economy.”
The various authors of the essays, including 11 faculty members from
the WSSU School of Business and Economics, link competitiveness with
economic development, tertiary education, health insurance, sociocultural and legal issues. The essays also analyze important aspects of
competitiveness in the context of different areas of the world, including
the Caribbean region, Greece, the Czech Republic, The Bahamas, and
Vietnam. The book was published in July by Lexington Books, an imprint
of the Rowman & Littlefield Publishing Group.
Copies of the publication are available at the C. G. O’Kelly Library.
Winston-Salem State University
School of Business and Economics
R.J. Reynolds Center
601 South Martin Luther King, Jr. Drive
Winston-Salem, NC 27110
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.
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