CBA Newsletter Spring 2012 Published by Delta Sigma Pi In cooperation with the Dean’s Office & the Small Business Development Center Volume 29 No 2 Spring 2012 DEAN’S OFFICE 138 W. Carl Wimberly Hall Inside this issue: Dean’s Office 1 Mid-Semester is Friday March 9 Departmental Updates Accountancy Economics Finance Information Systems Management Marketing Small Business Development Center 2 3 4 5 6 7 8 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 CBA Administration 8 8 8 8 8 9 9 9 9 10 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 2012, 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 on the Web 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 Spring 2012 must obtain permission from the 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. Registration for Summer and Fall 2012 Registration begins in mid-April. Some instructions for registering are sent to your email address by the Registrar’s Office in late March. Summer registration will take place a couple days before Sem. I, 2012-13 registration begins. 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. August and December 2012 Graduates 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. Graduates must also file an "intent to graduate form" through the WINGS Student Center. It’s found under “other academics.” This should be done now, if you haven’t already done so. IS 220, BUS 205 and 230 Restricted Enrollment 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. Reminders 1. 2. Dropping a Class? The last day to drop a full-semester class is March 23. 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. 3. 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 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. DEPARTMENTAL UPDATES ACCOUNTANCY DEPARTMENT Scholarships Class Scheduling Information Summer 2012 Online offerings: Accounting Principles I (ACC 221) during Summer I, Accounting Principles II (ACC 222) during Summer II, and Accounting Information Systems (ACC 327 – writing emphasis) during Summer III. Advanced Accounting (ACC 421) will be offered face-to-face during Summer I. During Summer III, the department will offer online: The Legal and Ethical Environment of Business (BUS 205) and BUS 415 – Current topics in Law. The topic this summer will be Employment Law. BUS 415 counts as an elective in the Management major. Fall Semester 2012 The Department will offer all required courses in the ACC major. In the Fall, the department also offers ACC 301, Taxation for Non-Accountants, an elective in the ACC minor. Professor Kastantin will again offer ACC 422 on International Financial Reporting Standards. The course introduces IFRS as a GAAP basis of reporting. ACC 421 or its equivalent is a prerequisite or it can be taken concurrently. ACC 422 includes financial reporting under the present IFRS Framework and specifically addresses the basic international financial reporting standards. Be sure to apply for the scholarships for accounting majors offered through the Department of Accountancy. You can find the application form under Scholarships on the department’s website at www.uwlax.edu/ba/acc/. Accounting scholarship applications were due to the department office (412A CWH) March 1, 2012. Attendance at the banquet is a condition of receiving a scholarship. 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. Additional information regarding advising will be forthcoming. Banquet Accountancy Minor The Twenty-ninth Annual Spring Banquet is scheduled for Wednesday, April 25, 2012 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 alum. The Department of Accountancy awards its scholarships at the banquet. More information will be forthcoming. Advising and Registration The accountancy minor consists of thirteen credits: ACC 321, plus three additional 3-credit ACC courses numbered 300 or above. Courses taken to satisfy the minor may be used to meet elective requirements in other College of Business Administration majors. Accountancy Tutors If you need assistance with your ACC 221 or 222 classes, tutors are available in 327 CWH. Hours are Mondays from 5:30-7:30 p.m. and Wednesdays from 7:00-9:00 p.m. 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 2 CBA Newsletter Spring 2012 Faculty News Professor Kim Houser presented her paper (co-author R. Rosacker) “A fireside chat: The foundations of social security – an historical and judicial assessment” at the International Academy of Business and Public Administration Disciplines meeting in Florida in January. Professor Joseph Kastantin’s paper (with co-authors W. Maas and J. Gardner) “2010-2011 revisions to Circular 230” was published in the January 2012 issue of The Tax Adviser. The three also had their paper “Integrating Circular 230 into the tax curriculum” published in the February issue of The Tax Adviser. Professor Kim Lyons presented her paper (co-authors B. Knowles and L. Sherony) “The accounting principles practice set: th An unstructured approach” at the 13 Annual UW-L Conference on Teaching & Learning in September 2011. In addition, Professor Lyons has been chosen to represent UW-L as the 2012/2013 Wisconsin Teaching Scholar. Professors Vivek Pande and William Maas will be presenting “The doctors who commit Medicare fraud” at the 2012 Business & Health Administration Association Conference in Chicago this March. Dr. Kris Rosacker presented her paper “Business school curriculum and corporate governance” at the Decision Sciences Institute National Meeting in Boston in November. In addition, her paper (with co-author R. Rosacker) “A call for collaborative academic and practitioner efforts to address remoteaccess voting methods” has been accepted for publication in the Journal of Transforming Government: People, Process & Policy. Dr. Bob Rosacker presented his paper “Audit committee financial expert: Impacts of restatements of financial statements” at the American Society of Business and Behavioral Sciences meeting in Las Vegas in February. ECONOMICS DEPARTMENT New Faculty The Economics department recently completed a successful search and screen season during two new faculty members, Adam Hoffer and Sheida Teimouri, were hired. Both Adam and Sheida graduated from West Virginia University located in Morgantown, WV. They will join current department member Nabamita Dutta, to bring the total to three WVU grads in the department. Adam’s dissertation research focuses on the political economy and spatial aspects of cigarette excise taxes. In his work he tries to explain why in 2007, the per pack tax rate on cigarettes ranged from a high of $2.58 in New Jersey to low of $0.07 in South Carolina. In the spring in addition to teaching ECO110 Adam will be teaching ECO 320: The Economics of Sports on Monday and Wednesday, 3:55-5:20 p.m. Sheida’s research focuses on currency crises and economic recovery. In her work she tries to discern the causes of crises which result in permanent losses in output from those that result in temporary losses. In the spring in addition to ECO120, Sheida will be teaching ECO 305: Intermediate Macroeconomics Monday, Wednesday and Friday, 9:5510:50 a.m. Class Scheduling Information The Economics of War and Peace will be offered in the fall of 2012 under ECO 474: Economic Forum. The course was offered once before in the fall of 2009. There will be three themes to the course: (1) An examination of a War Economy, including the Iron Law of War (an assertion that war is good for the economy. A new book by Adam Tooze, The Wages of Destruction: The Making and Breaking of the Nazi Economy will also be considered. (2) An examination of how the economics of peace contribute to war. We will read from the book that made John Maynard Keynes famous, The Economic Consequences of the Peace, written after Keynes left the Treaty of Versailles 3 negotiation after WWI. This theme will consider economic integration, reparations, sanctions and appeasement and this leads to war or peace; and (3) The interaction between strategy and economics. Economics analysis can help to understand the conduct and outcome of a war. If time permits a final topic will include measuring the costs of war, including some interesting analysis by economists on the war in Iraq and Afghanistan (for example, The Three Trillion Dollar War, by Joseph Stiglitz and Linda Bilmes). For more information see Professor Glenn Knowles. Professor John Nunley will be teaching a course in Fall 2012 that has not been offered in a few years: Eco 307 – Introduction to Econometrics, Forecasting and Time Series. The course will take an applied approach to investigating a number of interesting empirical questions. What is the benefit 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? In addition, a portion of the course will focus on forecasting, including making predictions about where the stock market will be next month and whether the economy will expand or contract over the next quarter. An important component of the course is for students to learn how to use the software package STATA, which is used by researchers in many disciplines. Learning to use STATA 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 and interpret the output from various statistical models. While the course requires some technical skills (e.g., knowledge of elementary statistics), it will be accessible to students from any background. Faculty News On the research side, Professor Nunley is working with Adam Pugh, an undergraduate student at UW-L, on a field experiment investigating the impact of gaps in work history and industry-specific skills on employment opportunities. While the project is in its early stages, Dr. Nunley and Adam will be collecting data over the next academic year and expect to complete the project by Spring 2013. Professors James Murray and Mike Haupert of the Economics Department are conducting research on Major League Baseball (MLB) labor markets. Over the CBA Newsletter past year their work has been presented at conferences in the U.S. and France, and this summer another paper will be presented at the World Congress of Economic History in South Africa. The first paper has been accepted for publication in the journal Cliometrica and will be forthcoming this summer. The research focuses on the the causes of the growth of MLB player wages and the impact of large scale crises on that growth by employing a regime switching regression model applied to a unique data set of baseball salaries. The data set allows Murray and Haupert to match the salaries of several thousand player-years with specific measures of player performance over a time period of nearly a century. Over the course of the th 20 century American wages increased by a factor of about 100, while the wages of professional baseball players increased by a factor of 450. But that increase was neither smooth nor consistent. In particular, disruptions caused by two world wars and the Great Depression altered the path of wage progression during the century. FINANCE DEPARTMENT Finance student receives grant! Congratulations go to Matt Nighbor who applied for and received an undergraduate research grant in the amount of $1,185 for the research project “A Practical Application of Relative Strength.” Matt is being advised by Dr. Van Dalsem. Matt has a double major in Accountancy and Finance. The funds will be used for stipend funding and software. Well done, Matt! Student Opportunities It Make$ Cents! Dr. Van Dalsem is a member of the It Make$ Cents! program committee. The goal of the committee is to implement a university-wide financial literacy program. If you are interested in volunteering toward this effort or learning about the program, please contact Dr. Van Dalsem. Spring 2012 Gordon Spellman Fund Through a generous alumnus donation, finance students have the opportunity to manage and invest real money! Students in Portfolio Management (FIN 475) review and present investment alternatives for inclusion in the Spellman Fund. The students then interact with a committee of successful investment professionals to finalize the Fund’s investment choices. Advanced Financial Analysis (FIN 447) The course is designed to prepare students to take Level 1 of the Chartered Financial Analyst (CFA) exam. The CFA certification is the most prestigious professional finance certification available. All students in the course receive complimentary course materials from Kaplan-Schweser, the international leader in CFA training. This is a unique opportunity for UW-L students as KaplanSchweser is headquartered in La Crosse. This course is usually offered spring term. Please contact Dr. Graham for more information. Temte Scholarships These scholarships, established by Dr. Andrew Temte, CEO of Kaplan 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 Shiyan Chen, Dung Nguyen, and Hoang Vo as this year’s scholarship recipients. CFA Global Investment Research Challenge 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. The members of the team competing this spring are Brennen Clark, Kelsey Kadrlik, Thao Nguyen, and Christian Wiese. Please contact Dr. Van Dalsem for more information. Class Scheduling Information Summer Term Courses All summer 2012 offerings will be offered online and offerings are contingent on enrollments. Summer I: (May 21 – June 15) Personal Finance (FIN 207), is open to students in all colleges and can help you acquire the tools you need to reach your 4 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 for more information. 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 220. Please contact Professor Tempski for more information. Summer II: (June 18 – July 13) 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 for more information. Summer III: (July 16 – August 10) 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 for more information. Fall Term Courses Finance Group I Electives 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 for more information. Financial Modeling (FIN 437), available to any finance major, focuses on the CBA Newsletter development of Excel-based models to analyze a variety of personal and professional finance problems. Specific topics include creating programs in Visual Basic, asset pricing techniques, and sensitivity analysis. The prerequisite for the course is FIN 355. Talk to Dr. Van Dalsem if you would like more information. Portfolio Management (FIN 475), which has FIN 380 as a prerequisite, provides students with a more in-depth investigation of the concepts of risk and risk reduction through portfolio construction, as well as various methods for measuring an investor’s return on investment. Additional attention is paid to derivative securities (primarily options and futures) that are frequently mentioned in the financial press. Students enrolled in Portfolio Management manage the student-directed Spellman Portfolio. Contact Dr. Thomas for more information. Finance Group II, Elective Principles of Insurance (FIN 360) Please see the course description under Summer Term Courses: Summer II. Finance Group III Elective Principles of Business Sustainability (FIN 400, also cross-listed with ECO 474 and MGT 400) is an introduction to sustainable business management. The relationships between social, environmental, and business systems are explored and the tools, techniques, and practices of sustainable business management are introduced. Challenges to existing business theory will embrace a new ecological perspective of business that includes an introduction to complexity theory, systems thinking, evolutionary economics, and biomimicry. The specific topics of the triple-bottom line, full-cost accounting, green marketing, human rights and social equity are explored within the context of local and global ecosystems and a broadened mission for “sustainable” business in the 21st century. Guest speakers and visits to local businesses on the sustainability cutting-edge are planned. This course will be taught by Dr. Anderson from the Economics Department. General Education Elective Personal Finance (FIN 207) See the course description under Summer Term Courses: Summer I. This fall, Personal Finance will be offered face-to-face. Please contact Professor Brye, Professor Tempski, or Professor Tippins for more information. Advising and Registration The department will email informational material on advising and registration at the end of March. Please carefully review Spring 2012 your Advisement Report, available on WINGS, before scheduling your advising appointment and registering. Faculty Notes Dr. Wolf published “Religious Giving as a Guide to the Principles of Good Taxation,” in Accounting, Ethics and Public Policy, 2012 [Volume 13, No. 1]. Dr. Wolf serves as a community member on the AssetLiability Committee for Marine Credit Union. He also serves on the UW System Tax Sheltered Annuity Investment Committee. Dr. Yang presented “Information Horizon and Informed Trader’s Order Choices” at the Southwest Finance Association Meeting in New Orleans. Dr. Graham is a member of the Select Committee on Internationalization at UWL. She also is the advisor for Delta Sigma Pi Professional Business Fraternity. Dr. Tippins is the President of the Board of Directors at the Viroqua Food Cooperative and serves on the NeighborWorks Insurance Alliance Board. Dr. Tippins is also the advisor for Financial Management Association Student Chapter and the UW-L Lacrosse Club. Please note opportunities for involvement with the FMA student chapter elsewhere in the newsletter. Professor Tempski will be attending the MBAA annual meeting in Chicago at the end of March. She also serves as the advisor for the College Republicans. Tutors & Other Assistance If you need a little help to understand your latest finance assignment or lecture, we urge you to visit our tutors located in 406E Wimberly Hall. Thao Nguyen will be pleased to help you with your questions. Administrative assistance can be obtained from our program assistant, Ms. Maureen Spencer, whose office is in 404 Wimberly Hall. INFORMATION SYSTEMS DEPARTMENT No Personnel Changes There has been no faculty or staff turnover in the Information Systems (IS) Department since the last release of the CBA newsletter in fall 2011. Since the Department did not receive any new faculty position from all rounds of the 5 GQ&A Initiative, no recruitment activities have taken place. Summer Course Offerings Mr. David Annino has developed an online version of the IS 220 course which is under departmental consideration of being offered in the coming summer. A decision on this new course offering will be made before the spring break, in time for summer course registration. Fall Course Offerings With the anticipation of a larger than usual CBA sophomore class this fall, the Department is planning to offer 8 sections of IS 220, providing up to 240 seats for CBA students only. However, due to faculty shortage, one evening lecture section and 5 discussion sections will be taught by adjunct instructors. Two sections of IS 330 will be offered by Dr. Dai and two sections of IS 401 will be taught by Dr. Haried, while Dr. Wen will continue to offer the IS 410/510 (Information Security Management) course, which can be taken by IS majors, minors, and the MBA students as an elective. International Programs As a part of his effort in program maintenance and student recruitment for the joint MBA programs with the National Kaohsiung University of Applied Sciences (NKUAS) and the National First University of Science and Technology (NKFUST) in Taiwan, Dr. Wen visited these two universities in November 2011. He made presentations to promote the programs and also met with prospective students who have expressed interest in joining our programs. With the continuing support of Dr. Wang of the NKUAS and Dr. Sun of the NKFUST, these two programs are sustaining and prospering. We are hopeful that once CBA’s new MBA and International Programs Director takes over program administration in the near future, the join programs will be further strengthened. At the front end of his Asian trip in November 2011 Dr. Wen visited two universities in Xi’an, China: Eurasia CBA Newsletter University and Xijing University. The purpose of the visit to Eurasia was to continue our collaboration in building a 2+2 undergraduate degree program in Finance. Dr. Wen made on- site teaching evaluation in 3 accounting classes as well as in one business English class. The discussion on the details of the curriculum has been on-going. During his visit to the Xijing University, a memorandum of understanding was signed by President Ren. Under this established relationship UW-L and Xijing were to first develop a non-degree exchange program at the undergraduate level. This program building task was subsequently carried out by Dr. Wen with assistance from the Office of International Education, after his return from Asia. As of this writing, an exchange program agreement with Xijing University is ready to be signed by both universities and the first Xijing students can come to the CBA as early as in the coming fall. Online Program Updates The long awaited UW consortium online program in healthcare information management and technology (HIMT) was approved by the State last December and is now slated to start in the coming September. Although UW-L will not offer the degree of this program, the IS department as a program participant is responsible for offering six new courses to the program. For fall 2012, Dr. Yang will offer the IS 321/HIMT 320 course (Survey of Information Technology in Healthcare) and Dr. Wen will offer the IS 340/HIMT 340 course (Ethics, Security Management, and Compliance). The remaining four courses will be offered by Drs. Dai, Haried, and Wen between spring 2013 and spring 2014. As to the online Health and Wellness Management (HWM) program, of which UW-La Crosse is a member campus, Dr. Yang is teaching the HWM 330 course in the current semester. This is a sister course of the IS 321/HIMT 320 course that the IS department offers as a service to the HWM program. While the fact that the six online courses the IS department will offer to the HIMT program are not available to the UW-L students might obscure the purpose of this departmental effort, our true cause for the undertaking has been in repositioning the Department. As we have identified health information technology management as our new strategic focus, we are carrying out a department-wide faculty capacity building program that includes acquiring subject area expertise via attending various academic as well as industry conferences, workshops, and symposiums, receiving online course Spring 2012 training, and engaging in related research activities, in addition to the development of the six online courses. We are confident that our concerted effort will prepare us well to play a major role in supporting the CBA’s strategic initiative of offering a healthcare administration program which will inevitably encompasses a heavy component in health information technology management. However, for the next two years, our intermediate goal is to establish an attractive IS major with healthcare information technology management concentration and a useful minor in the same area by utilizing the onsite versions of the six new online courses. A design of the proposed programs had been shared with CBA dean’s office last semester and we are still waiting for the support from the administration. Faculty Research Output Refereed JOURNAL Dai, H., Salam, A. F. (2011), “Antecedents and Consequents of Service Consumption Experience in Electronic Mediated Environment: Empirical Evidence from Electronic Service Industry in China,” Journal of System and Management Sciences (JSMS), Vol.1, No.1, pp.131-139 Dai, H., Haried, P., and Salam, A. F. (2012). Antecedents of Online Service Quality, Commitment and Loyalty, Journal of Computer Information Systems, Accepted (Sept. 2011) and Forthcoming. Hu, T., Zhang, X., Dai, H., Zhang, P. (2011) “An examination of gender differences among college students in their usage perceptions of the internet,” Education and Information Technologies, forthcoming. Haried, P., and Dai, H. (2012). “The Evolution of Information Systems Offshoring Research: A Past, Present and Future Meta Analysis Review,” Journal of International Technology and Information Management, Accepted (Sept. 2011) and Forthcoming. Conference Proceedings Peng, K., Wen. K. and Fu, J. (2012), “Relationship Bonding In Garment Retailing - The Moderating Role of Channel Type,” in Proceedings of the 2012 Western Decision Sciences Institute Annual Meeting, Forthcoming. Book Chapters Yang, K. and Lee, S., In Kim, J. K. (Ed.), The Gap in Adopting among Developing, Newly Developed and Developed 6 Countries in South Korea: Economics, Political and Social Issues. Nova. MANAGEMENT DEPARTMENT Staff Updates A chance to say farewell and thank you for a job well done: After 20 years of truly dedicated service, Dr. Leticia Pena will be retiring from UW-L at the end of this semester. Please take the time remaining to thank her for her inspiring teaching and generous giving, and to wish her well on her well-earned retirement. Her good cheer and graciousness will be sorely missed! Good news to report on our two departmental searches. We were successful in both and look forward to welcoming both Christa Kiersch and Henry Pertersen to the department this Fall. Christa’s energy and efforts will be focused primarily on the areas of organization behavior, leadership, and human resource management, with a touch of Yoga thrown in! Trust me . . .it all connects! Meanwhile, Henry’s focus will be primarily on our capstone course, sustainability, and the interface of business experience, electrical engineering, and cellular-molecular biology! Ok, I am only partially kidding. But Henry does have a fascinating background with lots of exciting connections to be made for our students and for our department. More details to follow! Special opportunities for students Under the heading of “back by popular demand,” Dr. Gullekson, along with Dr. McManus in Marketing, will again be helping lead a group of students to Bratislava, Slovakia, as participants in the Global Consulting Program. In this 16-day summer abroad program (June 28-July 14), students from different countries and backgrounds work together on project teams, with real companies, to research and propose solutions to real business problems. Scholarships are available and interested parties should contact Dr. Gullekson for further details. CBA Newsletter Future course offerings Summer Course Offerings: The department will again be offering MGT 449, MGT 393 and MGT 308 in the first session of Summer School (May 21— June 14). Dr. Ross will offer MGT 308, MF, from 8:30—11:50, for 3 weeks. Dr. Stapleton will offer MGT 393, M—F, from 11:00—2:20, for 3 weeks. Dr. Shabana will teach MGT 449, M—Th, from 7:45— 10:15, for 4 weeks. Quick look ahead and heads-up to IB student advisors: MGT 484 International Human Resource Management will be offered as an elective in the Fall, and will be taught by Dr. Gullekson. (Tuesday evenings, 5:30—8:15). Spring 2012 MARKETING DEPARTMENT Senior Marketing Student Monica Bohl, Named Top Salesperson in Midwest Competition, will Compete in National Collegiate Sales Competition Dr. Gullekson also published the following articles: Gullekson, N. L., & Tucker, M. L. (in press). An examination of the relationship between emotional intelligence and intercultural growth for students studying abroad. Journal of the Academy of Business Education. Tucker, M. L., Gullekson, N. L., & McCabridge, J. (2011, December). Assurance of learning in short-term, study abroad programs. Research in Higher Education Journal, 14. http://aabri.com/rhej.html Gullekson, N. L., Tucker, M. L., Wright, S., & Coombs, G. (2011). Examining intercultural growth in short-term study abroad programs: Too good to be true? Journal of Teaching in International Business, 22(1), 91-106. A local competition is being planned for early fall semester 2012 to select UW-L marketing students for next year’s Great Northwoods Sales Warm-Up to be held November 8-10, 2012. Marketing Professors Offering Summer Educational Experiences in China and Slovakia Knowledge of other cultures, crosscultural communication skills, and experience in international business are among the top skills sought by companies involved in global business. Faculty/staff publications/research awards/scholarship Dr. Ross collaborated once again with Drs. Chen and Yang to publish a paper, “Personality and Motivational Factors Predicting Internet Abuse at Work,” in Cyberpsychology: Journal of Psychological Research on Cyberspace. (Vol. 5, No. 5) Campus Connection, November 17, 2011) Monica will compete in the National Collegiate Sales Competition in Kennesaw, GA in early March. Monica Bohl (middle) shown with runner ups from Baylor University and Illinois State University. Photo courtesy of UW-Eau Claire http://www.uwec.edu/COB/info/news/20 11_11_14.htm The Marketing senior from Muskego was named overall champion at the fifth Great Northwoods Sales Warm-up collegiate competition Nov. 10-12 at UW-Eau Claire. Bohl brought home a trophy, $1,500 and a $1,000 custom Tom James business suit. She also received several job offers. The competitive sales event included 48 students from 16 universities in nine states. Runner-ups were from Baylor University (Waco, Texas) and Illinois State University (Normal, Ill.) The two other UW-L students in the competition were Kristen Anderson and Lindsey Sjobeck. Sjobeck was named school champion, which excluded overall winners, and received an iPad, $150 and a trophy. The three were given marketing cases from Hormel and SuperValu in midOctober before role-playing in front of judges at the competition. Bohl and the other two finalists then took a new challenge. They were given 30 minutes to prepare and then role-played in front of judges while the other competitors watched via TV. Associate Lecturer of Marketing Susan Whitewater, who coached the UW-L students, says her team entered the competition prepared and motivated. “They worked together as a team even though at the event they competed against each other,” she notes. “All three did well and I’m proud of how they finished.” (Article edited from 7 China -- Dr. Stephen Brokaw, in conjunction with International Business Seminar Tours (IBS Tours), will be offering an opportunity to experience China in the summer of 2012. The purpose of the program is to allow students the opportunity to be exposed to the international business environment and practices outside the United States. The seminars provide insights into the cultural, social and political environments of each country visited. This is a unique way for individuals interested in pursuing a career in international business to view first-hand international business practices while experiencing the excitement of traveling outside the United States (Source: http://www.ibstours.com/expect/index.php). The China program has been preapproved by the CBA International Business Advisory Committee (IBAC) to meet the “Out-of-Country Experience” requirement for IB majors, and is open to all CBA juniors and seniors. Interested students may learn more by visiting Dr. Brokaw in CWH 33E; by email at: sbrokaw@uwlax.edu; by visiting the UWL Office of International Education website; or the IBS Tours website. IBS Tours is an international travel and business firm with over 30 years experience offering such opportunities to business students. Dr. Brokaw traveled with IBS Tours to London, Brussels and Paris during the Winter break as a member of the “Winter 2” program in preparation for offering this opportunity to UW-L students. Slovakia – Drs. Kristy McManus and Nicole Gullekson (Management) will be leading a group of students on the Global Consulting Program (GCP), a 16-day CBA Newsletter study abroad program in Bratislava, Slovakia, June 29-July 14, 2012. This program will bring together students from different countries and backgrounds to work together in teams to research and propose solutions for real local companies and to apply their academic knowledge in real-life situations while gaining international consulting experience. This program is open to Junior or Senior CBA majors and will count for 6 credit hours in either Marketing or Management (MGT/MKT 400; MGT/MKT 499). The CBA will provide $1,500 scholarships to help defray expenses associated with international travel for qualified students. For more information on the program go to: http://cob.ohio.edu/gcp or contact Kristy McManus at kmcmanus@uwlax.edu (Marketing) or Nicole Gullekson (Management) at ngullekson@uwlax.edu. First Annual Marketing Banquet to be Held in April The Marketing Department, along with the American Marketing Association student organization, is planning to host the first annual Marketing Banquet to honor top marketing students, outstanding AMA members, graduating seniors and marketing Beta Gamma Sigma inductees. The date is tentatively planned for April 20, 2012. More information will be forthcoming. We hope to see you there! American Marketing Association Members Attending International Collegiate Conference Spring 2012 New Orleans, LA in late March, along with faculty advisors, Kristy McManus and Susan Whitewater. The theme of the conference is Marketing: Always Evolving, and will feature a wide array of speakers providing information on how marketing has evolved for them and what students can do to improve their own skills. The conference also includes leadership sessions on how to improve your chapter and yourself, along with networking events. (Source:http://www.marketingpower.com/Com munity/collegiate/Documents/FY12%20Docum ents/2012%20Collegiate%20Marketing%20Bro chure%20Online.pdf). Dr. Kristy McManus will present the paper, "Gone but Not Forgotten: Exploring the Underlying Meaning and Motives in Gift-Giving to the Deceased" at the 2012 Academy of Marketing Science Annual Conference in May in New Orleans. SMALL BUSINESS DEVELOPMENT CENTER Future Course Offerings that may be of Interest to Students MKT 309, Marketing Principles, will be offered online in summer 2012. The class will run from May 21 – June 29, 2012. Marketing Principles is a prerequisite course for all other courses in the MKT major. MKT 400, Sustainable Marketing, is a new course that will be offered in fall 2012. Sustainability is a growing issue in society and business. It impacts marketing in many ways – new product development, promotion, packaging, pricing, product disposal and environmental impact. Green Marketing, or sustainable marketing, is a branch of the sustainability concept and is a marketing strategy that emphasizes protecting the natural environment. This course is a 400level university elective for marketing majors. MKT 445, International Marketing Strategies, is planned to be offered in fall 2012. MKT 445 is a study of policy and strategy formulation in the context of international marketing. Emphasis is placed on both the theory and application of international marketing decision processes. This course is an elective course for the IB major and a 400 level university elective for Marketing majors. Faculty Scholarship Danielle Wiedmeyer (left photo) and Cara Conway (right photo), American Marketing Association members, will be attending the 34th Annual AMA International Collegiate Conference in and Value Estimation Pricing." It will be published sometime in 2012. Dr. James Finch and Dr. Maggie McDermott, had a paper accepted for publication in the Journal of the International Academy for Case Studies. The title of the article is: "Pricing REI Membership: The Use of Segmentation 8 Do You Want a Career in Global Business? Globalization is exciting and filled with tremendous career opportunities. Global marketing, global management, trade finance, and supply chain management are several of the growing fields. To help prepare business people within the 7 Rivers Region and upper Midwest, the UW-La Crosse Small Business Development Center (SBDC) is again offering its Certified Global Business Professional (CGBP) Series on MondayThursday, May 14 - 17. The CGBP Series also serves as a preparatory course for the CGBP exam. Visit www.uwlax.edu/sbdc for details. Grant funding may be available to provide access to this valuable international trade opportunity. The CGBP credential fosters global business practices and is a nationally recognized international business credential. Four members of CBA faculty have already earned the credential: Barb Eide, Accounting; Stephen Brokaw, Marketing; Gail Gillis, Management, and Lise Graham, Finance. CBA Newsletter Spring 2012 STUDENT ORGANIZATIONS CEO CLUB The Collegiate Entrepreneurs Organization (CEO) provides UW-L students with networking opportunities with businesses and entrepreneurs in the La Crosse and tri-state area. CEO is a national organization that provides stakeholders with an opportunity to learn, first-hand from professionals, how to start a business or distinguish yourself amongst your peers. Meetings will include speakers who will discuss how they got started on their business, how to avoid the mistakes they have made, etc. Business plan competitions will be held and students will have the potential to draw investor interest in their business ideas. E-mail Jon Holthaus (holthaus.jona@uwlax.edu) or search for “La Crosse CEO Club” on Facebook if you have any questions or have interest in joining. AMERICAN MARKETING ASSOCIATION The American Marketing Association (AMA) provides students with the opportunity to be part of an on-campus group interested in current marketing practices, gaining leadership experience and applying classroom knowledge, which enhances members’ marketing skills. Spring 2012 is off to a great start! AMA has grown significantly in the past year and has a busy semester ahead. Events planned include hosting professional speakers, a blood drive, an end of the year Marketing banquet, the annual Alumni Panel, and much more. Members remain active in the community by volunteering at the Children’s Museum and serving meals at the Salvation Army. Not only is AMA about hard work, but having fun is important as well! Socials planned for the spring include skiing, paintballing and bowling. For more information come to the weekly general meetings on Wednesday nights at 6:00pm in Centennial RM 2212. It’s never too late to join! If you are interested in joining and/or want to learn more please email us at amarketa@uwlax.edu. BETA ALPHA PSI Beta Alpha Psi (BAP) is a national honors fraternity for financial information professionals. Accountancy majors as well as IS and Finance majors with an accountancy minor, are welcome to join BAP. Students are eligible to become members after earning 60 credits, obtaining at least a 3.0 GPA, and completing Intermediate Accounting (ACC 321). BAP is an excellent opportunity to meet people, network with professionals, enhance your resume, learn more about career opportunities, and get involved in the community through a variety of service projects. This year, members will have the opportunity to attend the regional meeting in Chicago, IL and the national meeting in Baltimore, MD. Meetings are held Wednesday evenings at 5:30 p.m. in 2205 Centennial Hall. At the meetings, students will have the opportunity to interact with professionals and gain knowledge about the business world for their future endeavors. For information on upcoming meetings, look for BAP signs. If you are interested in learning more about our organization, please visit our website at https://sites.google.com/a/uwlax.edu/beta alphapsi/home. We have a lot of great speakers and activities planned for this semester. Come check us out! BETA GAMMA SIGMA 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. 9 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 will be sent out in late 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 Thomas Hench, hench.thom@uwlax.edu. DELTA SIGMA PI Delta Sigma Pi (DSP) is a co-ed 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. DSP is one of the largest and most well known professional business fraternities, having more than 300 collegiate and alumni chapters and over 235,000 members nationwide. The Eta Rho chapter here at UW-L is one of the largest collegiate chapters within DSP with 64 active members and 20 pledges this semester. Delta Sigma Pi is a perfect opportunity for business majors to get involved in the campus community, make new friends, and advance both personally and professionally. Each semester, DSP performs community service projects such as Adopt-AHighway, Polar Plunge, and Relay for Life; fundraising efforts such as brat barns and assistance with Family Fest; and professional activities such as lecturers, company tours, and Prep For Success. Whether you are interested in participating in these activities, networking with other business majors and business professionals, or becoming a part of something significant and meaningful, DSP is just the organization for you. By becoming a member in Delta SigmaPi, you will learn valuable lessons and make long-lasting friendships that will provide you with great memories and meaningful experiences which will serve you well into the future. As the current 64 members in DSP will readily agree, joining Delta Sigma Pi is one decision in your college career that you will not regret! To learn CBA Newsletter 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 a campus club for finance majors and other dedicated business majors to expand their knowledge of finance and improve their leadership capabilities through multiple club sponsored events and gatherings including: guest speakers, volunteer activities, club challenges, and social events - among others. The FMA is comprised of a dedicated group of welcoming members that intend on improving their business and finance knowledge and enhancing their UW-L experience. This year, the Financial Management Association is striving to improve their significance to the UW-L and La Crosse community and make a name for the club on campus. If you would like to be a part of this ongoing commitment, please contact Brennen Clark (clark.bren@uwlax.edu) or Linglong Wang (wang.ling@uwlax.edu) for more information and upcoming club activities! SOCIETY FOR HUMAN RESOURCE MANAGEMENT Spring 2012 caters to all majors because 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! A huge congratulations goes out to the group for receiving the 20092010 Merit Award as well as the 20102011 Superior Merit Award! They have worked extremely hard to develop an effective student chapter and received specialized plaques to display in the Management Department. UW-L SHRM will be recognized in national publications and at its conferences. SHRM members have the opportunity to meet employers by attending state conferences, volunteer at various locations in the La Crosse area, listen to professional speakers, receive help preparing for the PHR exam, participate in the group’s application for this year’s Merit Award program, network with HR professionals, and much more! Meetings are held every other Wednesday at 5:30 pm in 2201 Centennial Hall. Look for SHRM signs and e-mails for upcoming meetings. If you are interested in learning more about our organization, contact Jessica Subach at subach.jess@uwlax.edu or Greg Wirtz at wirtz.greg@uwlax.edu. We are looking forward to another great semester and hope to see you at the meetings! INFORMATION SYSTEMS ASSOCIATION 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 United States. The UW-L SHRM Chapter provides information to students through activities, speakers, and networking opportunities with business professionals. SHRM Under the supervision of Dr. Haried, the Information Systems Association (ISA) has planned a number of speaker presentations and activities for the Spring 2012 semester. Speakers will be discussing information systems (IS) careers, internships, experiences, and new developments in the information systems (IS) field. Be on the lookout for flyers describing our guest speakers from: Federated Insurance, LSS Data Systems, TekSystems, TDS and Xylo Technologies. 10 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 Hoang Vo @ vo.hoan@uwlax.edu for more information. STUDENT ADVISORY COUNCIL The Student Advisory Council for the School of Business (SAC) is a student run organization on campus that actively works with the CBA dean’s office. Members of SAC develop professional skills, network with faculty, staff, and local businesses. SAC also has great leadership opportunities to help students gain experience and to become more active on-campus. This semester we will be doing business tours, workshops, polar plunge, and helping with graduation. We meet every Monday at 7:15 p.m. in 104 CWH, feel free to stop by anytime. If you have any questions, or would like more information please contact Emily Rainey at rainey.emil@uwlax.edu. CBA Newsletter Spring 2012 CBA ADMINISTRATION Accountancy ............................................................................................... Dr. Barbara Eide Economics ...................................................................................................... Dr. TJ Brooks Finance ....................................................................................................... Dr. Lise Graham Information Systems ..............................................................................Dr. Kuang-Wei Wen Management ................................................................................................. Dr. Tom Hench Marketing ........................................................................................... Dr. Gwen Achenreiner Small Business Development Center .............................................. Anne Hlavacka, Director Assistant to the Dean .................................................................................... Amelia Dittman Associate Dean .............................................................................................. Dr. Bruce May Dean ................................................................................................... Dr. William Colclough 11