CBA Newsletter Spring 2014 Published by Delta Sigma Pi In cooperation with the Dean’s Office & the Small Business Development Center Volume 31 No 2 Spring 2014 DEAN’S OFFICE 138 W. Carl Wimberly Hall Inside this issue: Dean’s Office 1 Mid-Semester is Friday March 14 Departmental Updates Accountancy Economics Finance Information Systems Management Marketing Small Business Development Center 2 3 4 6 7 9 9 Student Organizations CEO Club American Marketing Assoc. Beta Alpha Psi Beta Gamma Sigma Delta Sigma Pi Financial Management Assn. Society for Human Resource Management Information Systems Assn. Student Advisory Council 10 10 10 11 11 11 CBA Administration 12 11 11 12 Applications for admission to the Business Program are due. All business majors who will be eligible, and who are planning to start advanced (300-400 level) business courses in summer or fall 2014, MUST APPLY for the program. Applications are available at the Dean’s Office. Late applications may not be accepted. Applicants who are completing some of the admission requirements during summer session, here or elsewhere, must also apply by this deadline. Not sure about the requirement? Check the CBA Advising website: www.uwlax.edu/ba/undergrad/advisin g/precore.htm All major and minor changes are due. Changes to students’ majors and minors are done only through the Dean’s Office. Changes will be accepted up until mid-semester to facilitate the registration process and assignment of advisors. No changes will be done after that date until registration is over in early May. Students planning to change to another college (Science and Health or Liberal Studies) must file a “change of program” form at the new college dean’s office. These are also due by mid-semester, and will not be processed after that date until registration is complete in early May. Program change forms are available at the CBA Dean’s Office. 1 Advisor/Advisee Assignments Faculty advisor assignment is noted in the WINGS Student Center. Students should check to confirm their assignment, particularly new transfer and reentry students, and those who’ve recently changed majors. Students are expected to visit with their advisors at least once a semester. Advising does not take place only at registration time. Students are encouraged to visit with faculty advisors at any time. Most faculty post office hours on their doors. If these hours are incompatible with a class schedule, students should talk with their advisors about arranging another time. Advising Information on the Web, etc. Check out the registration and course scheduling information for CBA students at our web site: www.uwlax.edu/ba/ Choose “Undergraduate Students” from the left-side menu. Click on “Advising” for basic information about registration advising, and scheduling business core requirements and majors. This information is helpful to review before meeting with your advisors. The departments also have information about their programs, careers, faculty, student organizations, etc. You can link to their websites from the CBA home page. Checksheets outlining all degree requirements (General Education, Business Core, all business majors and minors) are also available. Check the dispensers near room 226 in Wimberly Hall, or pick them up from the Dean’s Office in 138 Wimberly. Your Academic Advisement Report (AR) degree audit is always available to you and your faculty advisor in your WINGS Student Center. CBA Newsletter Registration for Summer and Fall 2014 Registration begins in mid-April. Some instructions for registering are sent to your email address by the Registrar’s Office in late March. Summer session registration will take place a couple days before Sem. I, 2014-15 registration begins. Spring 2014 3. Registration advising will be available from faculty advisors, usually by appointment. Advisors should have sign up sheets for appointments at this time, or you’ll receive other information about appointments from them. Students should schedule appointments well in advance of their registration time and day. Students majoring in Accountancy and International Business are required to see their advisors before they may register, and some other CBA faculty may also restrict registration until an advising session has taken place. Students planning to graduate are required to get a “credit check” with Ms. Dittman before registering for their final semester. Call 785-8090, or stop by the office, to schedule an appointment. Students must also apply to graduate through the WINGS Student Center. It’s found under “other academics.” This should be done now, if you haven’t already done so. and entrepreneurial endeavors, and organizations, and who have demonstrated a creative approach to identifying, planning and executing one or more projects. Thinking about studying abroad next year? Check this website for all the information about the deadlines, various program opportunities, scholarships, etc. http://www.uwlax.edu/oie/sa DEPARTMENTAL UPDATES The CBA strongly encourages this type of international experience, and there are opportunities for study anywhere from three-weeks to a full academic year…in English and non-English speaking areas of the world. 4. August and December 2014 Graduates Dean’s Office, in advance, if you want to transfer the course back to your program here. Repeating courses may be done only at UW-L. Milestones! Milestones are markers on your record that indicate placement levels in math and English, and also Admission to the Business Program. You can find your milestones in your WINGS Student Center. Check the drop-down menu and click on the link. It’s the same menu list with your Academic Requirements (AR) report, transcript, course history, etc. Hoeschler Graduating Senior Award IS 220, BUS 205 and 230 Restricted Enrollment 1. 2. Banquet The Thirtieth-first Annual Spring Banquet is scheduled for Wednesday, April 30, 2014 at the Cleary Alumni & Friends Center. All accountancy majors are encouraged to attend. This is an excellent opportunity to network with firms, businesses, and UW-L alumni. The Department of Accountancy awards its scholarships at the banquet. More information will be forth coming. Placement BUS 350, Career Preparation, will be offered. Accounting majors are strongly encouraged to take the course as a junior. BUS 350 will also be offered in the fall. Demand for UW-L accountancy graduates in professional positions and current accountancy majors in internships remains strong. Accounting Career Expo and Accounting Interview Days are tentatively scheduled for late September. The CBA has restricted enrollment in IS 220, IS for Bus. Management; BUS 230, Bus. and Economic Research, and BUS 205, Legal and Ethical Environment of Business, to students officially declared as business majors. Accountancy Major Dropping a Class? The last day to drop a full-semester course is March 28. Drop forms may be obtained from the Dean’s Office; they require the instructor or student’s faculty advisor signature. Students may not drop courses after this date. The prestigious Hoeschler Award is given each year to an outstanding CBA graduate from the academic year classes. Graduates from the 2013 August and December classes, as well as the May 2014 class, are invited to apply. Applications may be obtained from the Dean’s Office, 138 Wimberly Hall. They are due by March 7. The $1500 cash award is presented at the May commencement ceremony. Planning to complete a course at home over the summer? If you’re thinking about completing a course somewhere other than UW-La Crosse, please note you must obtain permission from the The Hoeschler Award recognizes a business graduate who has demonstrated outstanding achievement in their undergraduate program, with emphasis given to those who have been involved as leaders in special projects, community Reminders ACCOUNTANCY DEPARTMENT 2 Effective fall semester 2013, the accountancy major will consist of eight required courses and one elective (28 total credits). The required courses are ACC 321, 322, 325, 327, 330, 418, 421, and 438. Accountancy Minor The accountancy minor consists of thirteen credits: ACC 321, plus three additional 3-credit ACC courses numbered 300 or above. CBA Newsletter Class Scheduling Information Summer 2014 Online offerings: Summer Session I: ACC 221 – Accounting Principles I Summer Session I: ACC 421 – Advanced Accounting Summer Session I: BUS 205 - Legal and Ethical Environment of Business Summer Session II: ACC 222 – Accounting Principles II Summer Session III: ACC 327 – Accounting Information Systems (writing emphasis) Fall Semester 2014 All required accounting courses will be offered and three electives. Two sections of ACC 400 are scheduled. Section one is Accounting for Governmental and NotFor-Profit Entities with Dr. Eide. Section two is Principles of Fraud Examination with Dr. Herron. The third elective is ACC 430 – Taxation II. In addition, the department will offer ACC 301 – Taxation for Non-Accountants, an elective in the ACC minor. BUS 305 and BUS 405 will be offered. Spring 2015 421 will NOT be offered. All other required major courses (including 418) will be offered. Electives will be announced at a later date. Spring 2014 Wisconsin and Minnesota require 150 college credits to sit for the examination. The department recommends that all students complete their 150-hour curriculum before starting employment in any jurisdiction. Students heading to other jurisdictions should verify where that jurisdiction is in the 150-hour process. Students planning to sit for the CPA exam prior to graduation now need to get their course registration verification form signed and sealed by the Registrar’s Office. Students can sit for the exam 60 days prior to graduation. ECONOMICS DEPARTMENT Celebration of Student Inquiry in Economics The economics department will hold their Fourth Celebration of Student Inquiry in Economics on Friday, May 9, beginning at 2:00pm (room TBA). The conference will include seminar presentations by undergraduate honors students and students in International Economics and Money and Banking will present their final class projects in a series of poster sessions. Advising and Registration All accountancy majors are required to meet with their advisors before registering online. Carefully review your Advisement Report before scheduling your advising appointment and registering. If you have questions about the revisions to the accountancy major, be sure to discuss these with your advisor. Additional information regarding advising will be forthcoming. Accountancy Tutors If you need assistance with your ACC 221 or ACC 222 classes, tutors are available in the Murphy Library Tutor area on the second floor. Hours are Mondays, Tuesdays, and Wednesday from 4:00 – 6:00 pm. Omicron Delta Epsilon (ODE) Want to be internationally recognized as an honors student in economics? The University of Wisconsin - La Crosse is home to its own chapter of Omicron Delta Epsilon (ODE) International Honors Society. You do not necessarily need to be an economics major or minor, but you must have completed at least 12 credits in economics and have demonstrated excellent academic performance. Membership benefits include recognition for your scholastic achievements in economics, eligibility for essay contests/awards, and a one year subscription to The American Economist. People interested in joining should contact James Murray, the club's faculty adviser, at jmurray@uwlax.edu. 150-hour Curriculum and CPA Candidates Passing the CPA examination is part of the process to become a licensed CPA. 3 Class Scheduling Information Summer 2014 ECO 110 - Microeconomics & Public Policy ECO 120 – Global Macroeconomics ECO 320- Sports Economics (Enrollment will be limited to 25 students and space is expected to fill quickly.) Fall 2014 Pre-Business Core requirements: BUS 230, ECO 110, ECO 120 Undergraduate Electives: ECO 305 - Intermediate Macroeconomic Analysis ECO 307 - Introduction to Econometrics (see more information below *** ) ECO 308 – Intermediate Microeconomic Analysis ECO 320 - Economics of Sports ECO 321 - Modern Political Economy (The course will investigate modern views and empirical studies regarding government’s role in the economy.) ECO 340 – Introduction to International Economics ECO 440 - International Financial Economics ECO 471 - Health Economics *** ECO 307 During fall 2014, Professor John Nunley will be offering ECO 307 – Introduction to Econometrics, which takes an applied approach to investigating a number of interesting empirical questions. What is the benefit (in terms of earnings) of an additional year of schooling? Do smaller class sizes positively affect test scores? Is the adoption of laws that made it easier to divorce in the 1970s responsible for skyrocketing divorce rates observed over the same time period? Does spending more on the campaign trail result in a higher probability of being elected? An important component of the course is for students to learn how to use the statistical-software packages STATA and/or R, which are used by researchers in many disciplines. Learning to use statistical software, such as STATA and/or R, is a skill that many employers value, making it a nice addition to one’s résumé. Students will learn many applied skills, including data management, how to create and manipulate variables, and how to estimate statistical models, and how to interpret the output from various statistical models. While the course requires some technical skills (e.g., knowledge of CBA Newsletter Spring 2014 elementary statistics), it will be accessible to students from any background. Economic Tutors If you need assistance with your ECO 110 or ECO 120 classes, tutors are available in 414 Wimberly Hall. Hours vary and are posted on the door. Research Dr. Hoffer published, “Did You Say That Voting is Ridiculous?: Using South Park to Teach Public Choice,” with a colleague, George Crowley (Troy University) in the Journal of Private Enterprise. This study presents a method for utilizing the television show South Park to teach modern economic concepts. Dr. Hoffer also published, “Sin Taxes and Sindustry: Revenue, Paternalism and Political Interest,” with colleagues William Shughart Il and Michael D. Thomas (both at Utah State University). This research summarizes the history and political interest surrounding modern “sin taxes.” Dr. Hoffer is currently conducting experimental economics research and is seeking participants for the “Universal Humor Study.” To be eligible, participants must not have participated in organized athletics in college or during their senior year of high school. Participants are compensated $10 after providing their opinion on a few humorous video clips. For questions or to participate, please contact Dr. Hoffer at ahoffer@uwlax.edu. FINANCE DEPARTMENT Integrated Core Course Offering Building on last year’s success, the Department of Finance is again partnering with the Departments of Management and Marketing to offer integrated sections of FIN 355, MGT 308 and MKT 309. Students in the integrated core courses will take the three courses in the same cohort and work on integrated applied projects, including a final consulting project for a local company. A new feature of this year’s offering is a Business Consulting Seminar (FIN 40001), in which students will learn professional communication skills. This is a great opportunity for students to develop their professionalism and criticalthinking skills, all while taking these three required core courses. Students can apply for the integrated set of courses in late March and, if accepted, will be guaranteed registration in the four courses. For more information, contact Diana Tempski (FIN) (dtempski@uwlax.edu), Nicole Gullekson (MGT) (ngullekson@uwlax.edu), or Maggie McDermott (MKT) (mmcdermott@uwlax.edu). Chartered Financial Analyst Global Investment Research Challenge Congratulations to the members of the CFA Global Research Challenge team: Jared Hare, Lisa Hughes, Devan Johnson, and Brad Tietyen. The team recently earned second place in the Milwaukee CFA Local Competition – an outstanding result! Through this competition, students receive real-world training in equity analysis. Business and finance students interact with investment professionals and top firms while getting real-world experience in equity analysis, sell-side research report writing, and presentation skills. Please contact Dr. Van Dalsem (svandalsem@uwlax.edu) for information about next year’s team. Student Opportunities It Make$ Cents! It Make$ Cents! is a financial literacy program that offers all UW-L students information and promotes financial success. The IMC! program was recently selected by the Governor’s Council on Financial Literacy to receive the Wisconsin Financial Literacy Award for 2013. A number of activities are scheduled for this semester, including a prom dress resale, presentations, and student advising. If you would like to participate in the program or would like information on financial literacy, please contact Dr. Van Dalsem at svandalsem@uwlax.edu or visit the It Make$ Cents! website at http://www2.uwlax.edu//it-makes-cents/. Temte Scholarships These scholarships established by Dr. Andrew Temte, CEO of Kaplan 4 Schweser, cover expenses related to taking the CFA Level I exam and are available to students enrolled in Advanced Financial Analysis (FIN 447). Scholarship winners receive course materials, exam fees and tuition reimbursement valued at almost $2,500. Congratulations to Jared Hare, Lisa Hughes, and Matt Krebsbach as this year’s scholarship recipients. Class Scheduling Information Summer Term Courses All Summer 2014 courses will be offered online and offerings are contingent on enrollments. Summer I: (May 27 – June 20) Money and Capital Markets (FIN 390), a finance major requirement, provides an overview of financial securities, financial markets, and financial institutions. Students will consider the risks inherent in financial securities and financial institutions and analyze those financial securities and processes available to hedge risk. The factors influencing interest rates will also be discussed. FIN 355 is a prerequisite. Contact Dr. Wolf (rwolf@uwlax.edu) for more information. Finance Group II Elective: In Principles of Insurance (FIN 360), open to all CBA majors, students learn about a variety of risk management concepts, insurance industry practices, and common insurance contracts. Although the course is primarily an introduction to the topic of risk management for the firm, some attention is given to personal insurance for the home, automobile, life, and health. The prerequisite for FIN 360 is completion of ACC 221. The course is a writing emphasis course. Please contact Dr. Tippins (stippins@uwlax.edu) for more information. Summer II: (June 23 – July 18) Principles of Financial Management (FIN 355), a requirement of the CBA core, introduces the financial management of the firm. Topics covered include financial statements, working capital management, cost of capital, capital budgeting, capital structure, types of capital, and the time value of money. Prerequisites include ECO 110, ECO 120, and ACC 222. Please contact Professor Tempski (dtempski@uwlax.edu) for more information. Summer III: (July 21 – August 15) Personal Finance (FIN 207), is open to students in all colleges and can help you CBA Newsletter acquire the tools you need to reach your financial goals. Also, the course is included in the General Education curriculum as a component of the Self and Society category. Delivery for the summer session will be online. Topics covered include investing, fringe benefits, taxes, buying a house and/or an auto, credit, and budgets. Please contact Dr. Van Dalsem (svandalsem@uwlax.edu) for more information. Fall Term Courses Finance Group I Electives Management of Financial Institutions (FIN 410) provides students with an understanding of the operations and managerial decisions necessary for a banking institution to be successful in a variety of economic environments. The prerequisite for this course is completion of Money and Capital Markets (FIN 390) or Money and Banking (ECO 301). Dr. Colclough (wcolclough@uwlax.edu) teaches this timely course; please contact him for more information as necessary. Note: Future plans call for FIN 410 to be offered in the fall semester of each year. Please plan accordingly to ensure you will have the necessary prerequisite. FIN 390 is being offered this summer if you still need to take it prior to enrolling in FIN 410 this fall. Advanced Financial Planning (FIN 407) covers a variety of personal financial planning topics such as retirement planning, educational planning, mutual fund investing, taxes, and estate planning. The course is a requirement for the Risk, Insurance and Financial Planning Concentration, but may be taken by any finance major with senior class standing. The prerequisites for this course are FIN 355 and senior standing, but FIN 207 and FIN 360 are useful. Contact Dr. Wolf (rwolf@uwlax.edu) for more information. Equity Valuation (FIN 474), a new course, presents the financial analysis industry standard models for determining the value of equity securities. Emphasis is placed on calculation of cost of capital, equity value, and sensitivity analysis of results. Students will be required to create and present a sell-side analyst report. The prerequisites for the course are FIN 370 and FIN 380. Talk to Dr. Van Dalsem (svandalsem@uwlax.edu) if you would like more information. Business Insurance (FIN 400-02), which has FIN 360 as a prerequisite, will take Spring 2014 the abstract life and property/liability insurance coverages as well as the risk management process and apply them to case situations. Coverages pertaining to businesses will be examined and then applied to a case where students can see where and how the abstract material is used. Please contact Dr. Tippins (stippins@uwlax.edu) for more information. Finance Group II Elective In Principles of Insurance (FIN 360), open to all CBA majors, students learn about a variety of risk management concepts, insurance industry practices, and common insurance contracts. Although the course is primarily an introduction to the topic of risk management for the firm, some attention is given to personal insurance for the home, automobile, life, and health. The prerequisite for FIN 360 is completion of ACC 221. The course is a writing emphasis course. Please contact Dr. Tippins (stippins@uwlax.edu) for more information. General Education Elective The department will offer several sections of Personal Finance (FIN 207) in the fall. This course is a survey of personal financial topics including: budgeting, investing, and retirement planning. Guest speakers will include local experts in financial planning, insurance, and other related professions. The course is open to all colleges with no prerequisites. Please contact Professors Tempski (dtempski@uwlax.edu) or Brye (cbrye2@uwlax.edu) with questions about the course. Advising and Registration The department will email informational material on advising and registration at the end of March. Please carefully review your Advisement Report, available on WINGS, before scheduling your advising appointment and registering. Faculty Notes Dr. Wolf published “Is Renting Better? A Review of the Home Ownership Decision amid Increasing Risk” in the Fall 2013 issue of The Journal of Finance Issues (Volume 12, No. 1). Dr. Wolf serves as a board member on the Compensation and Asset-Liability Committees for Marine Credit Union, on the UW System Tax Sheltered Annuity Investment Committee, and on UW-L’s Committee on Academic Policy and Standards. He is the faculty advisor for Intervarsity Christian Fellowship. In May 2013 he served as 5 the Co-Master of Ceremonies at the annual Alumni Awards, at which outstanding graduates and alumni are honored. Later this semester, he will attend a Credit Union Board conference (March) and an Orphan Advocacy Conference (May). Dr. Van Dalsem published “Are Restricted Funds an Effective Governance Tool for Non-Profit Organizations?” in the fall 2013 issue of The Journal of Finance Issues (Volume 12, No. 1). He serves as a member of the Assurance of Learning Task Force for the College of Business and is the advisor for the CFA Global Investment Research Challenge. He also serves on the advisory board of the It Make$ Cents! financial literacy program. Please note opportunities for involvement with the CFA Global Investment Research Challenge and the It Make$ Cents! program elsewhere in the newsletter. Dr. Tippins chairs UW-L’s Joint Committee on Environmental Sustainability and serves as an insurance advisor to the national nonprofit organization, Welcoming America. Dr. Tippins is also the advisor for the Financial Management Association (FMA) Student Chapter. Please note opportunities for involvement with the FMA student chapter elsewhere in the newsletter. Dr. Colclough is the Chair of the Community Credit Union board of directors. He is also a member of the board of the La Crosse Area Development Corp and serves on the Campaign Steering Committee for the UW-La Crosse Scholarship Campaign and on UW-L’s Joint Legislative and Regent Relations Committee. Dr. Graham is a member of the Select Committee on Internationalization at UWL, the Promotion, Tenure, and Salary committee, and the Joint Promotion Committee. She also is the advisor for Delta Sigma Pi Professional Business Fraternity. Professor Tempski serves on the UW-L Online Advisory Board and is a contributor to the new CATL TechBits blog. She also serves as the faculty advisor for the College Republicans. Professor Brye is the President of the Board of Directors at the Viroqua Food Cooperative and serves on the advisory board for Wisconsin Mutual Insurance Company. CBA Newsletter Tutors & Other Assistance If you need a little help to understand your latest finance assignment or lecture, we urge you to visit our tutor located in 406E Wimberly Hall. Logan Siudzinski will be pleased to help you with your questions. His hours are 1:30 – 2:30 pm on Mondays, 1:30 – 3:00 pm on Tuesdays, 2:00 – 3:30 pm on Wednesdays and 9:55 – 10:50 am on Thursdays. Administrative assistance can be obtained from our program assistant, Ms. Maureen Spencer, whose office is in 404 Wimberly Hall. INFORMATION SYSTEMS DEPARTMENT New Minor Program in Health Information Systems Management The Information Systems (IS) Department is welcoming applications to the second class of our new minor program in health information systems management (HISM). This minor program is designed to benefit students who are interested in building a career in healthcare related areas. The main objective of this program is to enhance health information systems knowledge and information management ability of future healthcare and allied health professionals. With this minor degree, graduates will be more competitive in finding healthcare related jobs and be ready to help improve the efficiency and quality of healthcare in the U.S. As of this writing, there are 21 students in the minor program. We are optimistic about the growth of the program and sincerely encourage more UW-L students who are interested in a career in health care-related areas to apply. For admission into the program, please download the application form from the IS website (www.uwlax.edu/is) or pick up a copy from the IS office in Wing 240, fill it out and submit it to the IS office. Applications are reviewed and admission letters are delivered via e-mail promptly. Personnel Reduction and Scheduling in 2014-15 After the departure of Dr. Chen last year the Information Systems (IS) Department has lost one faculty position. Neither has the department received any position throughout the recently completed GQA Spring 2014 initiative. Facing the responsibilities of running four successful and growing programs: one major, two minors and one external without sufficient faculty resource, the IS Department is forced to take sub-optimal measures in offering the curricula. Due to prolonged faculty shortage several sub-optimal compromises are being made to our fall course offering. First and the most important one-time measure is the restriction of IS 401 to IS majors only in the fall. As the expected number of IS majors taking the course approaches 30 and we do not have faculty resource to open the second section, ALL IS minor students who are required to take IS 401 MUST take the new course, IS 370, as the replacement. This substitution is deemed acceptable because there is close to 75% overlap between the two courses. With the kind assistance of Ms. Amelia Dittman we will be able to do a “block course substitution” for the IS minor students. However, IS majors should not seek this replacement even if your interest is in healthcare area because your term project in the final capstone course, IS 411, will be a continuation of your group project in IS 401, but term projects in IS 370 are individual work which cannot be carried into IS 411. Second, the required course, IS 330, for the IS major program will not be offered in the coming fall due to Dr. Dai’s planned leave. Instead, the course will be offered in spring 2015. This delayed offering shall not affect graduation of IS seniors as they can take both IS 330 and IS 411 concurrently in the spring semester. However, they are advised to carefully take this scheduling change into consideration while planning their final year of coursework. Third, only seven sections of IS 220 will be offered. While this is a 2-section cutback from our typical fall offering, we are increasing the class cap from 25 to 30 to accommodate as many students as we can. Since the provision of 210 seats for this CBA core course will be insufficient to satisfy the demand in the coming fall, students are strongly encouraged to take our summer online courses as an alternative. Fourth, the elective course IS 410/510 (Information Security Management) will not be offered this fall. Instead, one section of IS 320 (Data-Driven Decision Support Systems) will be offered by Dr. Yang. The course has been discontinued for seven years but the fall incarnation will embody new content in data mining and 6 business analytics – a belated and much needed infusion of new knowledge to the IS curriculum. For the new minor program in health information systems management, Dr. Wen will offer two required courses, IS 321 and IS 340, and Dr. Haried will teach one section of IS 370. The minor students can also take IS 320 as an elective. Other courses to be offered by the Department include two overload online courses, HIMT 420 and 435, taught by Drs. Haried and Dai respectively. Summer Session Course Offering To alleviate the anticipated supply shortage in the coming fall the IS Department is planning to offer two sections of IS 220 online this summer. Mr. Annino and Dr. Haried will be the instructors of these sections. International Programs Between January 8 and 10, 2014, Dr. Wen and CBA’s MBA program director, Ms. Martina Skobic, visited four Taiwanese universities to develop new joint MBA programs. During the short trip, an official program agreement was signed by the National Yunlin University of Science and Technology which is likely to send students to UW-L in the coming fall. Indepth program discussions were carried out with the National Chung Cheng University and the National Chinyi University of Science and Technology; finalizing and signing program agreements with these quality universities is expected in the near future. Talk with the private Soochow University was more preliminary, more discussion on program set-up is needed before a cooperation agreement can be developed. Faculty Research Output Refereed Journal Chen, Y., Ramamurthy, K. and Wen, K. "Impacts of Comprehensive Information Security Programs on Information Security Culture," Journal of Computer Information Systems (JCIS), Accepted (December 2013) and Forthcoming. CBA Newsletter Conference Proceedings Chen, Y., Ramamurthy, K. and Wen, K. (2013) "In Building Information Security Culture: Impacts Of Comprehensive Information Security Programs," Proceedings of the Forty-Fourth Annual Meeting of the Decision Sciences Institute, November 2013, Baltimore, Maryland. Haried, P. (2014) “Customer Loyalty in the Online Gambling Industry: Are Problem Gamblers Loyal Customers?” Proceeding of the Annual Meeting of the American Society of Business and Behavioral Sciences, February 2014, Las Vegas, Nevada -- Best Paper Award Winner. Book Chapter Haried, P. and Ramamurthy, K. (2014). "Lessons Learned from Global Information Technology Offshoring: Client and Vendor Perspectives" in Global Sourcing of Services. MANAGEMENT DEPARTMENT Maximize Your Options: Major in Management The undergraduate Management major is designed to give you the maximum flexibility to study topics that interest you! If you have been admitted to the Business Program and want to major in Management, you have many course options, and you can select from these based on your career goals. All you need are a few required courses (MGT 328: Principles of Management Thought; MGT 360: Global Perspectives on Business; MGT 408: Responsibility of Business). Beyond those three required courses, you select courses; taking 15 credits of 300and 400- level Management electives (9 credits should be from the 400-level electives). Three of these credits can come from an internship, where you gain practical experience working for an organization. Consider this example: Suppose you are interested in a career in logistics. In addition to MGT 393 (Operations Management, a core requirement for all students), you might take MGT 395 Spring 2014 (Management Science), MGT 398 (Total Quality Management), MGT 400 topics (Supply Chain Management; Green Operations Management), as well as other relevant courses of interest to you (e.g., Corporate Training, Project Management). You might also pursue an Independent Study project where you can explore a subject of interest in more depth, under the guidance of a faculty member. This is just one example; you can tailor the Management major to fit your needs! No matter what your career interests, a Management major will be beneficial. Any UW-L major will help you get you a job after you graduate. However, a Management major will help pave the way for a series of promotions, and thus augment your career, no matter what the field. Management professors offer courses pertaining to managing projects, managing people, and managing production processes. The knowledge and skills gained in these courses can be applied in a variety of work settings and may give you an advantage over colleagues who do not have these skills. So even if you are majoring in a different field, bolster your career by also majoring in Management. Don’t just plan for a job…plan for a career! Fall 2014 Course Offerings In addition to the courses required for the Management major and for the CBA core, we anticipate offering several undergraduate electives in fall 2014. As you plan your fall schedule, consider taking one or more of the following: MGT 300 – Business Communications MGT 386 – Compensation & Benefits MGT 398 – Total Quality Management, offered by Gail Gillis MGT 400 – Supply Chain Management, offered by Dr. Andrew Stapleton MGT 400 – Entrepreneurship, offered by Kelly Nowicki MGT 400 – Crisis & Contingency Management, offered by Dr. Allan Macpherson MGT 400 – Health Care Management MGT 412 – Leadership & Team Development, offered by Dr. Christa Kiersch 7 MGT 430 – Comparative Management Systems MGT 431 – Business, Labour & Immigration, offered by Dr. Jon Ying, who writes,” The course will examine both low-skilled (e.g. farm workers) and highskilled (e.g. scientists) immigration. The course will discuss the relationship between business, labor, and work-based immigration. Course includes frequent class discussions and guest speakers.” MGT 485 – Collective Bargaining & Negotiation, offered by Dr. William Ross BUS 310 – Principles of Sustainable Business, offered by Dr. Henry Petersen (note: this is also an introductory course for the Sustainable Business Minor) The Management Department will also offer the following MBA elective course this fall: MGT 738 –Labor - Management Relations, offered by Dr. William Ross “It All Fits!” Integrated CBA Courses Offered An "integrated" core will be offered in the fall 2014 semester in which students take MGT 308, MKT 309 and FIN 355, and a 3 cr. seminar of Business Consulting. You can take these courses in the same cohort and work on integrated applied projects, including a final consulting project for a local company. This is a great opportunity for you to develop professionalism and critical thinking skills, all while taking these required core courses. You can apply for the integrated set of courses in late March and, if accepted, you will be guaranteed seats into the three specially-designated sections for registration. For more information please contact Nicole Gullekson (MGT), Maggie McDermott (MKT) or Diana Tempski (FIN). Course Offerings for Summer 2014 In Summer Session I (May-June), we anticipate offering the following courses: MGT 308 – Behavior & Theory in Organizations, offered by Dr. William Ross MGT 393 – Production & Operations Management, offered by Dr. Drew Stapleton CBA Newsletter Spring 2014 MGT 400 – Global Consulting, offered by Dr. Nicole Gullekson, who writes, “The Global Consulting Program (GCP) in Slovakia, a partnership with Ohio University and the Economics University of Braitslava, is in its 4th year at UW-L. The program offers students the opportunity to gain international travel experience while also gaining applied business consulting experience. Students spend two weeks incountry working with Slovakian students to research, analyze, and make recommendations on issues involving companies in Slovakia. Also, during spring semester you will engage in a culture, language, and consulting preparation course. Dr. Nicole Gullekson is taking 11 students to Slovakia this year.” MGT 400 – Managerial Decision Making – “Everything Instructor Charley Swayne wishes he had known before he graduated” (3 cr.). MGT 449 – Administrative Policy Determination, offered by Dr. Kareem Shabana The Management Department will also offer an MBA elective during Summer Session I: MGT 734 – Small Business Management, offered by Dr. Henry Petersen In Summer Session II (June-July), the following class will be offered online: MGT 487, Male/Female Relationships in Organizations, This class will examine the role of gender at work through an online seminar format. Research Books Macpherson, A., Jones, O. and Jayawarna, D. (2013). Resourcing the Start-up Business. Masters in Entrepreneurship Series, Routledge, Abingdon. This book investigates the state of contemporary empirical research on entrepreneurship. It provides students and academics with a guide to the startup phases and challenges faced by nascent entrepreneurs. The book examines the resources, skills, capabilities and learning required by any entrepreneur in the process of starting a new business. Specifically, this text aims to: Introduce and explain the resources (including finance) that are essential to successful business creation Identify the key skills and capabilities that are required by entrepreneurs Highlight the ways in which new resources are combined with the entrepreneur’s existing resource base to develop the business effectively Explore the way entrepreneurs learn in the process of developing their business Drawing on the most up-to-date and most relevant research, this concise textbook provides students and academics of entrepreneurship with a practical guide to acquiring the appropriate resources in order to start a new firm. Journal News Petersen, Henry & Lemke. F., (2013). Teaching Reputational Risk Management in the Supply Chain. Supply Chain Management: An International Journal, 18 (4), 413-429. Kiersch, Christa E. & Hansen, A., Byrne, Z. S. (In press). Interpersonal leadership and organizational identification’s relation to employee engagement. Journal of Managerial Psychology. Ross, William H. & Flores, W., Chen, J. V. (2013). The Effect of Variations in Banner Ad, Type of Product, Website Context, and Language of Advertising on Internet Users’ Attitudes. Computers in Human Behavior, 31, 37 – 47. Ross, William H. & Shabana, Kareem (2013). “Horseplay” at the Textbook Processing Center. Journal of Organizational Behavior Education, 6. [Refereed Case & Teaching Note]. Recent and Upcoming Conference Papers Henry Petersen presented a paper at the Annual Internationational Association for Business and Society Conference, Portland Oregon on June 22, 2013; “Supply chain risks: How supplier behavior impacts reputation and what to do about it.” He was also a Distinguished Guest Speaker at Newcastle University, Newcastle Upon Tyne, UK., September 19, 2013; “Consumer's perceptions of sustainable products 8 and services: opportunities for a service based business model.” On September 16, 2013, he presented a paper at the 21st International Colloquium in Relationship Marketing, Rennes, France; “Managing customer relationships in modern society: understanding sustainable products and sustainable consumption.” Christa. E. Kiersch, Byrne, Z. S., Kedharnath, U., & Peters, J., presented a paper at the Academy of Management Annual Conference, Orlando, FL., August, 2013; “Fair leadership across levels: A multi-level examination of authentic leadership and organizational justice.” Macpherson, Allan, Jones, O., & Jayawarna, D.,(September, 2013). “Entrepreneurship, New Businesses and Economic Development.” British Academy of Management, Liverpool. Ying, Jonathan, (August, 2013). “How Transnational Bioscience Entrepreneurs Create Born-Global Firms.” 16th cGill International Entrepreneurship Conference, McGill University Montreal, Canada. Gullekson, Nicole, & Morris, S., (March, 2014). Helping Women Succeed: Examining the Effects of an Organizational Intervention on Employee Engagement. Paper accepted for presentation at the Western Academy of Management Conference: Napa, CA. Stapleton, Andrew (May, 2014) Incoterm's impact on Total Landed Cost Modeling. Paper accepted for presentation at the Production & Operations Management (POMS) Conference, Atlanta, GA. Service & Development Activities Kelly Nowicki, Associate Lecturer in the Management Department, will be coordinating UW-L’s Sustainability Tracking, Assessment & Rating System™ (STARS). This reporting framework measures colleges’ sustainability performance. Relatedly, Kelly is developing a management sustainability elective scheduled for spring 2015. She also serves on the boards of the UWL Alumni Association and the UWL Foundation where she and her fellow board members are working to engage the larger UWL community and encourage support in the University's scholarship campaign. CBA Newsletter Dr. Jon Ying has joined the Board of Directors of the San Francisco World Music Festival. In January 2014 he participated in the Faculty Development Program in International Business (FDIB) to the People's Republic of China. He visited companies and universities in Hong Kong, Kunming, Chongqing, Yichang, and Wuhan. He will be incorporating his findings in an upcoming Made in China topics course. Betty Christiansen serves as editor of Coulee Region Women magazine. She also spoke on “Leadership Skills” to a group of girls through the YWCA Teen Lead program in February 2014. Andrew Stapleton is participating in an innovative, multi-university, exercise where UW-L students work with students from other universities around the world to solve simulated, logistics-related, international production management problems. Spring 2014 available. All CBA students are eligible for this program, and are encouraged to contact Dr. Brokaw (sbrokaw@uwlax.edu, 608.785.6753) for further information. This program meets the Out of Country requirements for the International Business major (IB), and the International Business Advisory Committee (IBAC) has approved the London Financial Center course as an elective toward the IB major. MKT440 also meets the elective requirements in the IB major. Because this travel opportunity carries a 6 credit minimum, student financial aid can be applied. American Marketing Association Students to Attend International Collegiate Conference in New Orleans MARKETING DEPARTMENT Summer 2014 -- MKT 309, Marketing Principles, will be offered online, taught by Dr. Kristy McManus. Marketing Principles is a prerequisite course for all other courses in the MKT major. Summer 2014 -- MKT 440, Comparative Marketing Systems to be offered in England Dr. Brokaw will be teaching MKT 440, Comparative Market Systems, in London, England this summer. The travel dates are July 1 through August 3. Along with MKT 440, students will be taking “Financial London,” a past to current look at the City of London as a Global Financial Centre from a faculty member at the University of Kingston-on-Thames. There are still a limited number of seats UW-La Crosse’s attending students were Danielle Spahn, Hannah Olevson, Allison Dieckman, and Danny Ziegler (alternate). th Danielle took 4 place overall and was named UW-L’s school champion. Hannah th th took 14 place and Allison took 37 . This annual competition is a great opportunity for sales students to realize their potential and network with recruiters. Many students walk out of the competition with interviews or even job offers. We are very excited to keep having the opportunity to participate and give our UW-L students the chance to show what they are capable of doing. Students are selected to represent UW-L at the Great Northwoods Competition in early fall. Please be watching for more information on this. It is a great opportunity for you to grow your skills and career opportunities. SMALL BUSINESS DEVELOPMENT CENTER Future Course Offerings of Interest to Students top salesperson. The competition also rewarded the highest scoring individual from each of the participating schools, or “school champion”. Apart from competing, the students got the opportunity to participate in a career fair and network with representatives from over 30 companies. Eight American Marketing Association Students will be attending the International AMA Collegiate Conference in New Orleans, Louisiana, in April. The AMA students have participated in a variety of competitions leading up to the conference, including the Hershey's Case competition, the AMA website competition, and the Chapter Plan competition. Danielle Wiedmeyer, current UW-L AMA President, has also been nominated for student marketer of the year. We wish them much success! (Students attending, pictured from left to right are Bridget Cahill, Ethan Lindeman, Chelsea Hawkins, Doug Zalewski, Marina Ciskoski, Danielle Graeve, Kelsey Kemp, and Taylor Thompson). Sales Competition On October 31, instead of preparing for the Halloween celebrations, four of our marketing students headed over to UWth Eau Claire to compete in the 7 Great Northwoods Sales Warm-Up. The competition went from October 31 to November 2 and brought together sixty college students from twenty different schools in eleven states. These students competed for cash prizes and the title of 9 Wisconsin Small Business Development Center at UW-La Crosse Fosters Entrepreneurial LEAN Startup and Growth In recent months, a dozen entrepreneurs have worked with the Small Business Development Center (“SBDC”) to explore starting and growing their business using a new way of developing businesses and products based on the work of entrepreneurs and authors Eric Ries and Steve Blank. Entrepreneurs using their principles identify and test their business assumptions early in the development process in order to quickly identify customers and market potential. They then continuously test their concept and build, dump or pivot (change direction) in response to customer input and interaction. CBA Newsletter Spring 2014 Another event happening at UW-La Crosse, also based on the Lean Startup principles and supported by the SBDC, is the “Wisconsin Big Idea Tournament.” This statewide competition seeks to increase new business start-ups and job creation in Wisconsin by developing more knowledgeable undergraduate entrepreneurs. There are five UW-La Crosse student teams, consisting of one to three members. Each will develop and test their business concepts following a standardized Lean Startup curriculum designed by UW-Extension. Upon completion of this stage, participants will be judged during an on campus competition. The UW-La Crosse campus winning team(s) will advance to the Boot Camp/State Final where they will compete against students from other UW System schools. For more information on entrepreneurship, LEAN startup or other SBDC training and consulting opportunities to help you start or grow your business, please contact the SBDC at (608) 785‑8782 or sbdc@uwlax.edu. The Wisconsin SBDC at UW-La Crosse is a program of UW‑Extension and is affiliated with the UW-La Crosse College of Business Administration. It is funded in part through a cooperative agreement with the U.S. Small Business Administration. STUDENT ORGANIZATIONS CEO CLUB The UW-L chapter of Collegiate Entrepreneur’s organization aims to connect students and faculty across all colleges and interests, to support, inform and inspire the entrepreneurial spirit. We are a group of passionate students seeking opportunities through enterprise creation. The CEO club implements various activities and meetings throughout each semester that are engaging, educational, inspiration and most importantly--fun. Apart from a great college experience and an unbeatable resume booster, we provide professional networking opportunities, hands on workshops, engaging club socials, and world-class speakers. As a UW-L CEO member you can expect to meet area business professionals and employers, giving yourself a chance to stand out. There are also several opportunities for entrepreneurship competition and connections both statewide and around the world, apart from the outstanding UW-L based events we offer. If you can see yourself immersed in the excitement and successes of entrepreneurship, and would like to experience the fulfillment that it can offer, CEO club is waiting for you! This year CEO has hosted several speakers, engaged in fundamental workshops, and co-sponsored the Wisconsin Big Idea Tournament. We are an organization on campus that is expanding rapidly with countless potential; therefore, there are several opportunities for leadership roles within CEO. Our meetings and events are open to all students across all colleges who have an interest in the wonders of entrepreneurship. Our meetings are held at 7pm in Centennial 3212 each Wednesday night; however, for more detailed information and to be added to our contact list, please email our president: Ben Wendler at wendler.benj@uwlax.edu; or our membership officer: Brandon DoMckenzie at do-mcken.bran@uwlax.edu. AMERICAN MARKETING ASSOCIATION The American Marketing Association (AMA) provides students with the opportunity to gain first-hand knowledge and experience in the Marketing field. Through year-long projects, professional speakers, and community events, UW-L AMA students are constantly given opportunities to learn about the different facets of marketing while giving back to the UW-L and La Crosse area community. 10 AMA is looking forward to an exciting and successful spring semester! We will be working on numerous professional projects to provide members with handson marketing experience, including conducting market research for a La Crosse-area business, completing a client project, and more! We are also excited for th the 36 annual AMA International th th Collegiate Conference April 10 -12 , 2014, where attendees will connect with and learn great ideas from other collegiate chapters to implement here at UW-L. Our Campus Cakes program is continuously running. Family or friends can order a cake for any special occasion to be delivered on or near campus. For more information, please email amacampuscakes@uwlax.edu. AMA meets every Wednesday at 7 PM in Centennial Hall Room 2214. If you have any questions or concerns, feel free to contact us at amarketa@uwlax.edu. Please check out our MyOrgs page for pictures of events and the summary issue of our newly redesigned newsletter The Marketeer. Also, follow us on Facebook (UW-L AMA) and Twitter (@UWL_AMA) for more information. We’re thrilled to see all the excitement and what’s in store for the semester! BETA ALPHA PSI Beta Alpha Psi (BAP) is a national honors fraternity for Accounting majors as well as Finance and Information Systems majors with an Accounting minor. Our organization is an excellent opportunity to learn from various firm representatives, network with professionals and alumni in the industry, learn about the opportunities available to you as an Accounting major, build your resume, assume a leadership position, and gain support while looking for internships and fulltime jobs. We also engage in community service projects as part of our fraternity. All students interested in BAP are encouraged to attend meetings and full membership is not required to come hear from firms. However, to gain full membership one must have completed 60 credits, obtained at least a 3.0 GPA and have completed Intermediate Accounting I (ACC 321). CBA Newsletter Our meetings this semester will be held in 228 Wimberly at 6:00 p.m. Keep an eye out for posters around Wimberly and the rest of campus to learn which speakers will be presenting on which dates. Check us out and contact Rachel Gostomski at gostomsk.rach@uwlax.edu with any questions! BETA GAMMA SIGMA Spring 2014 well as personally, while also meeting lots of new friends. Each semester, DSP performs community service projects, such as, Habitat for Humanity, Adopt-a –Highway, and volunteering at the Kane Street Garden; fundraising efforts, such as Family Fest and Brat Barns; and professional activities such as Prep for Success, company tours, and bringing in multiple guest speakers from various companies. Whether you are interested in participating in any of these activities, networking with other business majors and business professionals, or becoming part of something significant, Delta Sigma Pi is just the organization for you! Beta Gamma Sigma is the honor society associated only with AACSB-International accredited business programs. It is nationally recognized as the business education counterpart of liberal arts and science education’s Phi Beta Kappa. Beta Gamma Sigma is open to business majors who rank in the top 10% of the junior and senior classes, and top 20% of the MBA program. Invitations to membership are delivered to eligible scholars in March. If you receive one, we strongly encourage you to accept this special acknowledgement of your academic achievement. Questions about Beta Gamma Sigma can be referred to chapter president, Professor Donna Anderson, danderson@uwlax.edu DELTA SIGMA PI Delta Sigma Pi (DSP) is a coed professional business fraternity organized to foster the study of business in universities and the association of students for their mutual advancement by research and practice. Having over 300 collegiate and alumni chapters and over 242,000 members nationwide, DSP is one of the largest and most well-known professional business fraternities. The Eta Rho chapter here at UW-La Crosse has 83 active members and 14 pledges, making it one of the largest collegiate chapters within DSP. Delta Sigma Pi is a great opportunity for business majors to get involved within the campus. It also provides for a great opportunity to advance professionally as By becoming a member of Delta Sigma Pi you will learn valuable lessons that will serve you well in the future, as well as make long-lasting friendships that provide you with great memories. Joining Delta Sigma Pi is one decision you won’t regret. To learn more about DSP and how to become a member, visit www.uwlax.edu/dsp. FINANCIAL MANAGEMENT ASSOCIATION BETTA GAMMA SIGMA The Financial Management Association (FMA) is an organization that facilitates the development of knowledge regarding economic and financial based careers. Each semester FMA has guest speakers from different companies to educate students about their jobs and their firms. Students are able to learn firsthand the dynamics of the financial and economic fields of work. FMA is open to all business students, but emphasizes careers in Finance and Economics. If you are interested in learning more about FMA you can find us on Facebook at https://www.facebook.com/uwlfma. We look forward to a great and productive semester and we hope to see you at the meetings. If you have any questions or would like to be involved, please contact Jared Hare at hare.jare@uwlax.edu. 11 SOCIETY FOR HUMAN RESOURCE MANAGEMENT The Society for Human Resource Management (SHRM) is the world’s largest association devoted to human resource management. Representing more than 250,000 professional and student members in over 140 countries, the Society has more than 575 affiliated professional chapters and more than 450 student chapters within the U.S. The UW-L SHRM Chapter provides information to students through activities, speakers, and networking opportunities with business professionals. SHRM caters to all majors since HR skills are critical no matter what industry or career you are in. Participation in this group helps students develop personal jobseeking skills and advice about what employers are looking for! SHRM members have many opportunities to meet employers by attending company tours, volunteering at various locations in the La Crosse area, listening to professional speakers, participating in the group’s application for this year’s Merit Award program, networking with HR professionals, and much more! Meetings are held every other Monday at 5:30 pm in 2101 Centennial Hall. If you are interested in learning more about our organization, or getting on our email list, contact the SHRM president board member at schultz.gina@uwlax.edu (Gina Schultz). We look forward to seeing you! INFORMATION SYSTEMS ASSOCIATION Under the supervision of Dr. Haried, the Information Systems Association (ISA) has planned a number of speaker presentations and activities for the spring 2014 semester. Speakers will be discussing information systems (IS) careers, internships, experiences, and new developments in the IS field. Be on the lookout for flyers describing our guest speakers. CBA Newsletter Spring 2014 IS majors/minors and all CBA students are strongly encouraged to join and participate in ISA. Our meetings are excellent opportunities for networking as well as gaining first-hand knowledge of the IS field and its critical impact on business. Contact Dr. Haried , pharied@uwlax.edu or the ISA president Ben Walters, walters.benj@uwlax.edu for more information. STUDENT ADVISORY COUNCIL The Student Advisory Council for the College of Business Administration (SAC) is a student run organization on campus that actively works with the CBAs dean’s office. Members of SAC develop professional skills, and network with faculty, staff and local businesses to enhance their resumes and work closely with other students within the college. SAC also provides members with great leadership opportunities to help students gain experience and to become more active on-campus and specifically within the college of business. We are working closely with the board of advisors to analyze and do further reporting on the results of a survey we conducted in the fall, running campus close-ups for prospective students, and putting on programs for the Salvation Army. There is also potential to do a company tour and have some guest speakers at our meetings this spring. Any student with a major or minor within the college of business is strongly encouraged to join our organization! We meet every Tuesday at 7:30pm in room 105 Carl Wimberly Hall. We are looking forward to a great and productive semester and would love to have you join us at our next meeting! If you have any questions or would like more information feel free to contact Sam Wallace at wallace.sama@uwlax.edu. CBA ADMINISTRATION Accountancy .................................................................................................. Dr. Ken Winter Economics ....................................................................................................... Dr. TJ Brooks Finance....................................................................................................... Dr. Lise Graham Information Systems .............................................................................. Dr. Kuang-Wei Wen Management............................................................................................... Dr. William Ross Marketing........................................................................................... Dr. Gwen Achenreiner Small Business Development Center .............................................. Anne Hlavacka, Director MBA and International Programs ................................................................... Martina Skobic Assistant to the Dean .................................................................................... Amelia Dittman Interim Associate Dean ............................................................................ Dr. Glenn Knowles Dean............................................................................................................... Dr. Bruce May 12