CBA Newsletter Fall 2011 Published by Delta Sigma Pi In cooperation with the Dean’s Office & the Small Business Development Center Volume 29 No12 Fall 2011 DEAN’S OFFICE 138 W. Carl Wimberly Hall Inside this issue: Dean’s Office 1 Departmental Updates Accountancy Economics Finance Information Systems Management Marketing Small Business Development Center 2 3 5 6 8 8 The Dean’s Office moved in August to 138 Wimberly Hall. It’s beautiful and spacious; stop by to see us if you haven’t already! Mid-Semester is Friday October 21 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 9 9 9 10 10 10 CBA Administration 11 10 10 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 Wintersession or Sem. II 2011-12, 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 Wintersession, here or elsewhere, must also apply by this deadline. Not sure about the requirements? 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 December. Students planning to change to another school or college 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 1 December. Program change forms are available at the Dean’s Office. 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. The faculty post office hours on their doors. If these hours are incompatible with a class schedule, students should talk with their advisor 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 your major. This information is helpful to review before you see your advisor. 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 available in dispensers near room 226 in Wimberly Hall. CBA Newsletter Registration for Wintersession and Sem. II, 2011-12 Registration begins in mid-November. Some instructions for registering are sent to your email address by the Registrar’s Office in late March. Your Academic Advisement Report (AR) is always available to you and your faculty advisor in your WINGS Student Center. Wintersession registration will take place a couple days before Sem. II registration starts. 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. May 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 your WINGS Student Center. You’ll find it under “other academics.” This should be done when you register for the spring semester. IS 220, BUS 205 and 230 Restricted Enrollment The CBA may restrict enrollment for fall 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. Fall 2011 2. 3. Planning to complete a course at home over Wintersession? If you’re thinking about completing a course somewhere other than UW-La Crosse, please note you 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. 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. Hoeschler Graduating Senior Award The prestigious Hoeschler Award is given each year to an outstanding CBA graduate from the academic year classes. Graduates from the 2011 August and December classes, as well as the May 2012 class, are invited to apply. Applications may be obtained from the Dean’s Office, 138 Wimberly Hall. They will be due by the first week in March 2012. The cash award is presented at the May commencement ceremony. 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 and entrepreneurial endeavors, and organizations, and who have demonstrated a creative approach to identifying, planning and executing one or more projects. Reminders 1. Dropping a Class? The last day to drop a full-semester class is Oct. 21. 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. DEPARTMENTAL UPDATES ACCOUNTANCY DEPARTMENT Welcome: New Faculty This fall the department is pleased to welcome in the business law area, Professors Vivek Pande and Kimberly Houser. Professor Pande received his Juris Doctor from the University of Wisconsin Law School and a BA from the University of Virginia. In addition to the Legal and Ethical Environment of Business course (BUS 205), Professor Pande will teach the International Law course this spring (BUS 405). His research interests are in the area of healthcare law, policy and insurance. Professor Houser received her Juris Doctor from the University of Illinois College of Law and a BBA from the University of Texas at Austin. In addition to the BUS 205 course, Professor Houser teaches BUS 305 – Business Law. Moves The Department of Accountancy office and Deanna Wachter have moved to 412A and the Chair, Barbara Eide is now located in 412E. The Business Law faculty, including Professor William Maas, have relocated to 223 CWH, the former location for the College of Business Administration. Course Scheduling Winter Intersession 2012 The Department of Accountancy plans to offer both ACC 221 (R. Rosacker) and ACC 222 (Lyons) online during the Winter Intersession 2012. Spring Semester 2012 Other than ACC 421, all required ACC courses will be offered. ACC 327 and ACC 430 are writing emphasis courses. ACC 350 – Income Tax Practicum (2 credit elective). The course will run for the first seven weeks and meet once per week for three hours in a lab setting. Students will have an opportunity to work with top level tax preparation software and make application on example tax data preparation. Throughout the course, 2 CBA Newsletter Fall 2011 students will experience the interface of tax issues and software applications for increasingly difficult individual tax returns. will soon appear in Economics & Business Journal: Inquiries & Perspectives. In addition to BUS 205 and BUS 305, BUS 405 – The Law of International Business Transactions will be offered this spring. Dr. Robert Rosacker presented “Lessons from history: How the past informs the debate surrounding FASB and IFRS convergence” at the American Society of Business and Behavioral Sciences National Conference, Las Vegas, NV, February, 2011. Advising and Registration All accountancy majors are required to see their advisors before registering on line. You will be able to sign up for an advising time when your advisor posts a schedule on his/her office door. Watch for additional information that will be forth coming. Accountancy Tutors If you need assistance with your ACC 221 or 222 class, tutors are available in 327 CWH. Hours are Monday evenings from 5:00 – 7:00 and Wednesday evenings from 7:00 – 9:00. Faculty News Dr. Ken Winter is on leave this academic year. Dr. Kris Rosacker has taken over duties as the department’s Internship Coordinator. Stop by to see her (412H) if you have any questions regarding internships. Presentations/Research Service Professor Joseph Kastantin’s paper (coauthors B. Eide and A Hackert) “’Exceptional’ fraud – Société Générale” has been accepted for publication in Journal of Critical Incidents. Dr. Sergey Komissarov presented “Do managers manipulate the reported values of the pension liaibilities?” at the American Accounting Association Annual Meeting, Denver, CO, August 8, 2011. Professor Kim Lyons attended “Transformational Learning: Engaging Education in Global World” sponsored by the 2011 International Institute for SoTL Scholars and Mentors in Omaha, NE, June, 2011. Dr. William Maas’ paper (co-author A Gross) “State budget cuts: Don’t forget the tax implications” was published in Tax Notes - Tax Analysts. Dr. Kris Rosacker’s paper (co-author K. Zuckweiler) “Integrating corporate governance into the business school curriculum: Some simple suggestions,” Banquet The annual banquet is scheduled for April 25, 2012 at the Cleary Center. All accountancy majors should plan to attend. Last year the Department of Accountancy awarded roughly $50,000 in scholarships at the banquet. Applications for scholarships will be due March 1, 2012. Click the Scholarship button at www.uwlax.edu/ba/acc/ for an application form. Attendance at the banquet is a condition of receiving a scholarship. 150-hour Curriculum and CPA Candidates Passing the CPA examination is part of the process to become a licensed CPA. 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. The CPA exam continues to undergo changes. Beginning on January 1, 2011, the exam started to incorporate International Financial Reporting Standards, International Auditing Standards, the codification of standards, operations management and increased testing of global business concepts. The other major change involved the writing component of the exam. Starting January 1, 2011, the exam consolidated essay writing from the other three sections into the BEC section. 3 ECONOMICS DEPARTMENT Spring Courses ECO 346: Environmental and Resource Economics returns to its usual offering in the spring of even years (2012), but with a new emphasis reflecting changes in the course and new title. The new title (if approved) will be Environmental and Ecological Economics. The two camps, environmental (based on neoclassical) economics and ecological economics, th emerged at the end of the 20 century and began as competitive approaches, especially on valuing environmental resources and sustainability issues. Most recently there has been some convergence in ideas so that many economists view the two approaches as complementary. Differences will be discussed, such as resolving long-term global environmental issues like climate change. While the policy tools, such as incentive-based regulation, may be similar under the two approaches, the magnitude of the incentives may be dramatically different with the neoclassical approach relying on costbenefit analysis and the ecological approach relying on strong sustainability rules. PLEASE NOTE: ECO 315: Economics of Sustainability will be integrated into this course, and thus no longer offered. This course is an elective in the Environmental Studies Minor. The course will be offered by Professor Glenn Knowles. Independent Study: Introduction to Mathematical Economics. The department of economics has periodically offered an independent course in mathematical economics for students with an interest in the topic or those interested in a graduate degree in economics or finance. Students will work through problems from Fundamental Methods of Mathematical Economics 3/E or 4/E by Chiang and Wainwright. Topics include Linear Models and Matrix Algebra, Differentiation and Comparative-Static Analysis, and Optimization with Equality Constraints. It is the math required to successfully get through graduate level courses in microeconomics and macroeconomics. See Professors Glenn Knowles or James Murray if you are interested in the independent study course. Principles of Business Sustainability (Eco 474) will again be offered Spring 2012 and cross-listed with CBA Newsletter Fin 400 and MGT 400. This team-taught course by Dr. Donna Anderson (Economics) and Dr. Steve Tippins (Finance) is designed as both a standalone introduction to sustainable business management and as an initial module for a business sustainability minor. 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 systems thinking, evolutionary economics, and biomimicry. The specific topics of the triple-bottom line, full-cost accounting, green marketing, B-corporations, cooperatives, human and indigenous rights, permaculture, transition towns, 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, camping, and visits to local businesses on the sustainability cutting-edge are planned. Days/Time: MW 2:15-4:10 first 11 weeks of the semester. Prerequisite: Admission to the Business Program. Money and Banking (ECO 301) James Murray will be teaching ECO 301 spring semester. This course will discuss the banking industry, the role of the Federal Reserve in the industry, and the role the Federal Reserve in changing the money supply and influencing interest rates in order to reach economic objectives. This course complements the Finance major curriculum quite well and can count for credit in that major. Undergraduate Research If you are interested in doing undergraduate research in the area of macroeconomics, either to earn some undergraduate research grant money or college credit or both, James Murray is looking for candidates with strong backgrounds in statistics and macroeconomics for work beginning in Fall 2012. Faculty Research Dr. Donna Anderson's research "Self Image Differences as Related to Body Image of Students in a Middle School", co-authored with Dr. Karen Skemp, Health Education/Health Promotion, was accepted for publication in The American Journal of Health Behavior. During the summer, Professor John Nunley had two papers accepted for Fall 2011 publication: “The Effects of Information and Competition on Racial Discrimination: Evidence from a Field Experiment” (with Mark Owens and Steve Howard) and “Demographic Change, Macroeconomic Conditions, and the Murder Rate: The Case of the United States, 1934 to 2006” (with Alan Seals and Joachim Zietz). The former is forthcoming in Journal of Economic Behavior and Organization, while the latter is forthcoming in Journal of Socio-Economics. During the summer, Professor Nunley also completed two new papers. The first of these is “Children and the Specialization Gap between SameSex and Different-Sex Couples” (with Lisa Giddings, Alyssa Schneebaum, and Joachim Zietz). In this paper, the authors find that same-sex and different-sex couples divide market work differently. But the ways in which the two types of couples divide market work are indistinguishable from one another when children are present in the household. The second paper is “The Impact of Macroeconomic Conditions on Property Crime” (with Alan Seals and Joachim Zietz). The study examines how well fluctuations in macroeconomic conditions explain movements in property crime rates over time. Taken together, the macroeconomic variables explain no more than 15 percent of the surge in property crimes from the 1960’s to the 1980s and their subsequent fall during the 1990s. Among the macroeconomic variables, almost all of the explanatory power is provided by changes in the inflation rate. Professor Nunley is currently working on two manuscripts. The first of these is “Power in the Household: The Impact of Child-Custody Reform on Market and Household Work” (with Alan Seals), which examines whether the adoption of jointcustody laws affects the time that mothers and fathers allocate to market and household work. Results suggest that custody reform places mothers in an inferior bargaining position, leading to an increase in the amount of time allocated to market work and no change in the time allocated to household work. The second of these is “Does Marriage Matter? The Impact of Same-Sex Marriage on the Specialization Gap between Same-Sex and Different-Sex Couples” (with Lisa Giddings and Joachim Zietz), which investigates whether the enactment of laws that allow same-sex marriages or provide marriage-like rights narrow the specialization gap between same-sex and different-sex couples. Consistent with previous work, the authors find a substantial specialization gap between same-sex and different-sex couples. However, the adoption of same-sex marriage laws narrows this gap 4 considerably, while civil unions have no impact in the specialization gap. NEW: Voyages with a Vision: Spring Break Study Tour to CUBA Donna Anderson, Economics, is developing a Study Abroad Program in Cuba focusing on sustainability for Spring Break 2012. In its 2006 Sustainability Index Report, the World Wildlife Fund determined that there is only one nation in the world that is currently living sustainably -- and that nation is CUBA. Partnering with Global Exchange (GX), an international nonprofit human rights organization, students will participate in: A Bicycle City Tour of Old Havana, including art galleries, a book fair, and the Plaza of the Revolution; and tours of the National Museum of Fine Arts, the Museum of the Revolution, and the Partagas Cigar Factory, where factory workers earn more than doctors and engineers. Students will engage in discussions with experts about: Cuba’s environmental policy and practices on wetlands, forest, and urban sustainable development; Cuba’s economic and social welfare policies, historically, and in terms of recently announced changes; and its initiatives on renewable energy. Students will visit a tobacco farm, a cooperative organic farm, the “La Carrete” Community Project (environmental education project for special needs children), PAEME (a renewable energy technical-vocational school), and the University of Havana to meet with students and professors of business and economics. Finally, students will hike and swim in the Biosphere Reserve, Sierra de los Rosario in the Pinar del Rio province, and learn to Salsa! The cost of the trip from March 9-17 is approximately $2500. An information meeting will take place in early November. If you are interested in learning more, contact Dr. Donna Anderson, danderson3@uwlax.edu. CBA Newsletter Economics Club The Economics Club is welcoming new members. You do not need to be an economics major or minor to join, just have an interest in economics. Past activities have included discussions about recent economic issues and government policies, watching and discussing videos about current issues, guest speakers, and going out for pizza. New members will be able to provide their input into new activities. People interested in joining the club should contact James Murray, jmurray@uwlax.edu the club's faculty adviser. Omicron Delta Epsilon (ODE) International Honors Society Want to be internationally recognized as an honors student in economics? UW-L 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, jmurray@uwlax.edu, the club's faculty adviser. FINANCE DEPARTMENT Dr. Nordia Thomas, from the University of Illinois at Chicago, was selected as the result of an international search for a tenure-track investments instructor. She comes to La Crosse with excellent teaching experience and a strong research agenda. Mr. Curt Brye joined the Finance Department as a member of the Instructional Academic Staff in August 2011. Curt came to UW-L with over 25 years of experience in commercial banking and holds BS and MBA degrees from UW-Madison. He has served on Fall 2011 several boards including WI Bankers Association Ag Section (President), WI Mutual Insurance Company (Sec/Treasurer), and Viroqua Food CoOp (Treasurer). Curt is looking forward to utilizing his professional experience to enhance the learning experience of his students. Ms. Maureen Spencer joined the Finance Department as the new Academic Department Associate this summer. Ms. Spencer has extensive work experience at UW-L and other academic institutions. Her previous work assignments include Small Business Development Center, Domestic and International Admissions, Dean’s Office, Provost’s Office, and Financial Aid Office. Please welcome Dr. Thomas, Mr. Brye and Ms. Spencer! Temte Scholarships These scholarships were established by Dr. Andrew Temte, of Schweser Study Program, the international leader in preparation materials for the Chartered Financial Analyst (CFA) examinations. The CFA designation is recognized internationally by employers and clients as a sign of the highest ethical and professional competence. These scholarships cover expenses related to taking the CFA Level I exam, and are available only to students enrolled in Advanced Financial Analysis (FIN 447). Three Scholarship winners receive goods and services valued at more than $2,200, including: a. A $250 reduction in their spring tuition bills. b. Prepayment of CFA program registration and examination fees ($1125). c. Schweser Study Notes and required readings ($949). Applications are due October 28. For more information, please contact Dr. Thomas. 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. Just to participate is an accomplishment that will enhance a student's resume. Please contact Dr. Van Dalsem for more information. 5 Class Scheduling Information January Term Principles of Financial Management (FIN 355) and Introduction to Corporation Finance (FIN 370) will be offered during Winter Session 2012. The courses will run from January 3 through January 20 with a break on Martin Luther King Day th (January 16 ). Please consult the online schedule for course times. All course offerings are contingent on enrollments. For more information about these courses, contact Dr. Wolf or stop by the Finance Department. Spring Term Electives A variety of finance elective courses will be offered during the Spring 2012 Semester. From Group I of the Finance major, students may enroll in Financial Modeling, Management of Financial Institutions, Advanced Financial Analysis, and Portfolio Management. Financial Modeling (FIN 400), available to any finance major, focuses on the 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. Graham if you would like more information. 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). Dr. Van Dalsem teaches this timely course; please contact him for more information as necessary. Advanced Financial Analysis (FIN 447) offers students the opportunity for advanced study of topics related to (1) ethics and professional standards, (2) investment tools, (3) asset valuation, and (4) portfolio management. Students will learn how to effectively analyze financial statements, apply statistical models, and evaluate both international and derivative securities. Advanced Financial Analysis includes online instruction and learning resources provided by Schweser Study Program. Schweser, headquartered in La Crosse, is the international leader in CFA training. Completion of this course will also assist students in preparing for the Level I exam of the Chartered Financial Analyst (CFA) program. Enrollment in CBA Newsletter this course is open to undergraduate and graduate students, but only by consent of the department. Please talk with Drs. Thomas or Wolf if you have any questions. Investment Analysis and 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 Investment Analysis and Portfolio Management manage the studentdirected Spellman Portfolio. Please contact Dr. Thomas for more information. From Group II of the elective categories within the finance major, Life Insurance (FIN 361) and Principles of Business Sustainability (FIN 400) will be offered this spring. The life insurance course is returning as a regular offering due to increasing student demand. The course covers life insurance and its relationship to financial planning. More specifically, the course covers the details of various life insurance products and how to incorporate these for the benefit of the client. For more information on FIN 361, please contact Dr. Steve Tippins. The prerequisites for this course are FIN 355 and FIN 360. 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. The course will be team-taught by Dr. Anderson (Economics) and Dr. Tippins (Finance); please contact them for more information. The department will offer several sections of Personal Finance (FIN 207) in the spring. This course is a survey of personal financial topics including: Fall 2011 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 Professor Diana Tempski with questions about the course. INFORMATION SYSTEMS DEPARTMENT Summer School Offerings After having served eight years for the IS department, Phyllis Anthony retired from her Academic Department Associate (ADA) position on September 23, 2011. The IS faculty are grateful to her contribution to the department and wish her a peaceful and relaxed retirement life. With the help of our HR office, we were able to fill the ADA position with a new LTE. We welcomed Kathy Fontanini to join us as the new IS ADA on September 19th and are helping her to take charge of the IS office as quickly as possible. The Department of Finance plans to offer Personal Finance (FIN 207, online), Principles of Financial Management (FIN 355, online) and either Principles of Investments (FIN 380), or Money and Capital Markets (FIN 390) during the summer session. Please consult with your advisor during scheduled advising times for advice and more information on the availability of these courses. Faculty and Staff Notes 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 he advisor for Financial Management Association Student Chapter and the UW-L La Crosse Club. Dr. Wolf serves as a community member on the Asset-Liability Committee for Marine Credit Union. He also serves on the UW System Tax Sheltered Annuity Investment Committee. Dr. Graham is a member of the Select Committee on Internationalization at UW-L. She also is the advisor for Delta Sigma Pi Professional Business Fraternity. Professor Tempski serves as the advisor for the College Republicans. Advising and Registration Advisement Reports are available to finance majors on WINGS. Additionally, you will receive an email from the Finance Department including pertinent advising and course scheduling information prior to registration. Tutors & Other Assistance If you need a little help to understand your latest finance assignment or lecture, we urge you to visit our tutor, Thao Nguyen, located in 406E Wimberly Hall. Administrative assistance can be obtained from our Academic Department Associate, Ms. Maureen Spencer, whose office is located at 404A Wimberly Hall. 6 New Staff Spring Course Offerings Two sections of IS 310 will be offered by Dr. Dai and one section of IS 300 will be taught by Dr. Wen. New IS minor students need to take these courses right away as they are the prerequisites for other follow-up courses of the program. Seven lecture sections of IS 220 will be offered by Mr. Annino, Dr. Dai, Dr. Haried, and Dr. Yang. However, there will be eight discussion sections for this course due to the availability of adequate computer classrooms. For the MBA program, Dr. Wen will again offer the BUS 755 course on Wednesday night, and Dr. Haried will team-teach the BUS 731 course with another CBA graduate faculty on Tuesday night. Per the decision of the Management Department, the MGT 370 course will not be offered next spring. Instead of teaching this course, Dr. Yang will be assigned to teaching the HWM 330 online course (Survey of Information Technology in Healthcare). Winter Session Course Offering Due to the difficulty in delivering a heavy, 4-credit course in only 3 weeks, the Department has decided to not offer the IS 220 course in the coming intersession. However, the possibility of offering this course online in the summer has been explored and Mr. Annino is in the process of proposing a new offering for summer 2012. CBA Newsletter International Programs Our joint MBA programs at the National Kaohsiung University of Applied Sciences (NKUAS) and the National First University of Science and Technology (NKFUST) in Taiwan have had a fruitful year in 2011. Five new Taiwanese students (three from the NKUAS and two from the NKFUST) entered the CBA this fall semester. By next summer, we can expect to have graduated a total of 12 students from these two programs. While we are happy to see the current success of these programs, sustaining the success in the future will necessitate adequate program maintenance and student recruitment efforts. To this end, the CBA dean’s office has been charging Dr. Wen with the responsibility of coordinating and promoting the programs in Taiwan. Between June 7th and 10th, 2011, Dr. Wen visited three large Chinese Universities in Xi’an, China: Eurasia University, Peihua University, and Siyuan University to continue the development of 2+2 undergraduate business programs. It was brought to his attention that China has recently tightened its policies on international joint programs that lead to dual degrees. The new requirements for program approval on the Chinese side have created substantial challenges to the foreign partners on obtaining necessary official documents. Dr. Wen has been coordinating with UW-L’s Office of International Education to meet these new challenges. He is planning to re-visit the partner universities in Xi’an at the beginning of November 2011, to help them complete the applications of program approval. If the approval process proceeds smoothly on both sides, we will be expecting at least one joint 2+2 program to start in fall 2012. Online Program Updates The expected kickoff of the consortium online program in healthcare information management and technology (HIMT) has been delayed until fall 2012 due to minor approval issues occurring at the other three partner institutions – UW-Green Bay, UW-Parkside, and UW-Stevens Point. As of this writing, the UWExtension is on schedule to submit the Authorization to Implement proposal to the Board of Regents for approval in its Fall 2011 December meeting. Upon the launch of the program, 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) in the first semester. For the online Health and Wellness Management (HWM) program, of which UW-La Crosse is a member campus, Dr. Yang will teach the HWM 330 course starting from spring 2012. 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 six online courses the IS department will offer to the HIMT program are not available to the UW-L students, the possibility of offering their on-site version cross-listed under the IS course numbers has been proposed to the CBA dean’s office. If the proposal is supported, an attractive IS major with healthcare information management concentration and a useful minor in the same area will come to existence. Faculty Research Output Referred Journal Dai, H., Haried, P., and Salam, A. F. (2012). “Antecedents of Online Service Quality, Commitment and Loyalty,” Journal of Computer Information Systems, Accepted (September, 2011) and 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 (September, 2011) and Forthcoming. Yang, K. H., Lee, S. G., Kim, J. K. "Do Chasms Exist between Developing, Newly Developed, and Developed Countries When It Comes to Adopting ICT Technology?: In the Case of South Korea and Thailand," International Journal of Asian Business and Information Management. Accepted (September, 2011) and Forthcoming. Park, S. K, Yang, K. H., and Wen, K. "An Integrated Growth Model of Software Based on the Non-Homogenous Poisson Process," Journal of the Korea Management Engineers Society. Accepted (August, 2011) and Forthcoming. Conference Proceedings Dai, H. and Luo, X. (2011), “The Role of Risk Perception, Trust, Innovativeness and Emotion in Developing Consumer’s Satisfaction in Electronic Mediated Environment (EME),” in Proceedings of 7 Thirty Second International Conference on Information Systems, Forthcoming. 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,” in Proceedings of First International Conference on Logistics, Informatics, and Service Science, Beijing, China, June 8-11, 2011. Dai, H., Hu, T., Zhang, X. (2011), “Continued Use of Mobile Technology Mediated Services: A Service Value Perspective,” in Proceedings of Joint Conference of the Third Symposium on Financial Intelligence and Risk Management (FIRM) and the Fourth international workshop of Electronic Payment and Electronic Commerce (EPECC), Chengdu, China, Jun 3-5, 2011. Dai, H., Wen, K. W., Zhao, W. (2011), “Service Consumption Experience and Relational Exchange in Electronic Mediated Environment,” in Proceedings of 2011 International Joint Conference of Service Sciences, Taipei, Taiwan, May 25-27, 2011 (Best Paper Award Winner). Dai, H., Zhang, X., Hu, T. (2011), “Determinants of Consumer’s Continuous Use Intention and Preference of Mobile Technology Mediated Services,” in Proceedings of 2011 ISOneworld Conference, Las Vegas, May 4-6, 2011. Haried, P., Dai, H. (2011), “Examining Customer Loyalty through A Service Quality Perspective in Electronic Mediated Environments: A Conceptual Framework,” in Proceedings of 2011 ISOneworld Conference, Las Vegas, May 4-6, 2011. Wen, K. and Peng, K. (2011), “The Effects of QR Mobile Guiding and Information Richness -- A Field Experiment on National Park Tourists,” in Proceedings of the 2011 Western Decision Sciences Annual Conference, Portland, Oregon, April 5-8, 2011. Kim, J. K., Yang, K. H. (2011), “Promoting Knowledge Sharing in Virtual Communities of Practice: Effects of the Cooperative Type and Tie Strength,” in Proceedings of the 2011 Americas Conference on Information Systems, Detroit, August 5-8, 2011. Lee, Y.-C., Yang, K. H., Lee, J. K. (May, 26, 2011), “The Evaluation of RFID Investment Using the Fuzzy Real Option Model,” in Proceedings of the Dae CBA Newsletter Jun/Korea: PANPACIFIC XXVIII, Seoul, Korea, pp. 222-224. Undergraduate Research Grant Dr. Dai advised Vo Hoang, an undergraduate student in Information Systems department, on his undergraduate research project titled “Applying Web 2.0 and Related Technologies in Diversity Education to Enhance Student Learning.” This project has been funded by UWL Undergraduate Research Spring 2011 Grant. MANAGEMENT DEPARTMENT Staff Updates At the risk of becoming melancholy, the department lost two very good people over the summer, then picked up two more with the start of the new academic year. After 26 years of dedicated service, Dr. John Betton announced his retirement. Somehow, the usual, “he will be missed,” hardly seems adequate . . .but, yet, it is true. We shall miss him. Still, we wish him the very best in his retirement and look forward to his hopeful frequent visits as a professor emeritus! Similarly, Dr. Davide Secchi answered the siren song of his “dream job” at a research institution in the UK, the University of Bournemouth, where he will be supervising three doctoral students and otherwise enjoying all the amenities that seaside life on the south coast of England can afford. Of which, truth be told, there are many. All the best to Davide (and Claudia), too. To fill the void, at least in part, we welcomed Dr. Kareem Shabana and Jon Ying to the department. Kareem comes to us from the University of Indiana-Kokomo, while Jon comes to us with his doctoral studies nearly complete from Cornell University. Both will be playing lead roles in delivering the capstone course to our graduating seniors. We are extremely happy to have them join us and look forward to the contributions we know they will bring to the department. Special opportunities for students Of special interest for many of you may be a J-Term study abroad opportunity in sustainability in New Zealand and Australia. Please contact Dr. Pena for additional information. Some significant scholarships through the CBA are Fall 2011 available for this program for what promises to be an incredible adventure and learning experience for all involved. Please join in if you can. Also, this past summer, Dr. Gullekson participated in the Global Consulting Program in Bratislava, Slovakia, along with six UW-L students. It was a wonderful experience for all concerned. Students interested in participating again next year should contact Dr. Gullekson for further details. Future course offerings J-Term alert: Dr. Ross will be offering MGT 303 in J-term for all interested management majors, while Dr. Stapleton, freshly returned from his recent sabbatical, will be offering MGT 393 for all interested CBA majors. Both classes will be in-person classes. Publications/Research/ Awards/Scholarship Dr. Ross collaborated with Dr. Chen in publishing two papers, one in Cyberpsychology: Journal of Psychosocial Research on Cyberspace and another in the International Journal of Radio Frequency Identification Technology and Applications. Dr. Kristy McManus joins us from the University of Georgia, where she completed her Ph.D. in Marketing. Dr. McManus has ample teaching experience, having taught Basic Marketing, Marketing Research and Consumer Behavior at previous institutions. She can also draw upon her industry experience, working with Paciolan in both California and Georgia, as a project manager in charge of software and hardware installation at various museums and college athletic organizations. Her research interests lie in the field of Consumer Behavior, more specifically in the area of how people ascribe meaning to the goods and services they consume. Dr. McManus is currently teaching MKT 362, Buyer Behavior, and will be teaching MKT 367, Market Research, in the spring semester. Dr. Ross was also a Track Chair in Human Resources and Industrial Relations at the International Conference on the Pacific Rim, July, 2011. Dr. Gullekson has also been busy with research, with an in-press article at the Journal of Teaching in International Business and presentations at the Society of Industrial and Organizational Psychology, the Academy of Management, and the Organizational Behavior Teaching Society. MARKETING DEPARTMENT The Marketing Department is pleased to welcome Dr. Kristy McManus and Dr. Ryan White to our department. Dr. Ryan White joins us from Michigan State University, where he completed his Ph.D. in Marketing. Along with teaching experience in quantitative business research methods and marketing principles, Dr. White has been involved in a number of consulting projects. His research interests lie in the area of customer experience and relationship management. His work has been published in the Academy of Management Journal. Dr. White is currently teaching MKT 367, Market Research, and will be teaching MKT 365, Promotions and Advertising Management, along with MKT 415, Senior Seminar, spring semester. Please welcome Dr. McManus and Dr. White! Sales Competition Three marketing majors will be selected to represent UW-L at the UW-Eau Claire Great Northwoods Sales Competition in 8 CBA Newsletter November. Students will practice their selling skills, network with sales professionals and recruiters, and meet other students who share their interest in sales. Participants have the opportunity to win up to $1,500. The highest scoring student from UW-L will receive, at a minimum, $150 and a trophy. The students will be coached by Instructor Susan Whitewater. Good luck students! Future Course Offerings that may be of Interest to Students MKT 309, Marketing Principles, will be offered during the J-term. The class will meet from 9 a.m. rd 12:20 p.m., January 3 – January th 18 . Marketing Principles is a prerequisite course for all other courses in the MKT major. MKT 444, Sports and Recreation Marketing, will be offered in spring 2012. This course is a 400-level university elective for Marketing majors. MKT 400, Green Marketing, is a new course that will be offered in summer, 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 is a branch of the sustainability concept and is a marketing strategy that emphasizes protecting the natural environment. This course is open to all students admitted into the College of Business and who have completed MKT 309, Marketing Principles. It serves as a 400-level university elective for marketing majors. Of interest to International Business 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. Fall 2011 Faculty Scholarship and Awards Dr. Gwen Achenreiner presented the paper, "Marketing the Marketing Department: An Exploratory Look at Social Media Usage in Academia," at the 2011 Marketing Management Association Fall Educator’s Conference in St. Louis, Missouri, September 20-24, 2011. Dr. Maggie McDermott served on a panel entitled, "Green Initiative Classroom Activities," at the 2011 Marketing Management Association Fall Educator's Conference in St. Louis, Missouri, September 20-24, 2011. Dr. Stephen Brokaw was selected to serve on the La Crosse Mayor's Select International Committee, which oversees the six "Sister City" programs administered in La Crosse. SMALL BUSINESS DEVELOPMENT CENTER CBA & SBDC Host Chinese Delegation The exciting reality of globalization came to UW-L this summer when the CBA and SBDC had the opportunity to host a delegation from the Shaanxi Province of China. This delegation consisted of six members of the Shaanxi Provincial Department of Agriculture and included the father of Dr. Hua Dai, an Assistant Professor in UW-L’s Information Systems (IS) department. The delegation members visited local agricultural businesses and observed the quality control procedures these businesses use to ensure safe processing of their agricultural products. Delegation members believed this visit was important in understanding what needs to be done to improve quality control in the processing of agricultural products in China. A Memorandum of Understanding was recently entered into by Wisconsin and the Shaanxi Province to promote agricultural trade. The delegation’s visit 9 was well timed with respect to this Memorandum, and delegation members expressed a desire to continue to foster a relationship with the La Crosse region. 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 http://uwlmyorgs.collegiatelink.ne t/organization/americanmarketinga ssociation 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 CBA Newsletter 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 3102 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 www.uwlax.edu/BetaAlphaPsi. We have a lot of great speakers and activities planned for this semester. Come check us out! BETA GAMMA SIGMA The UWL chapter of the honor society, Beta Gamma Sigma, inducted 16 new members last spring at their ceremony on May 6. Dr. Thomas Hench, the chapter advisor and president, conducted the ceremony with participation from Drs. Maggie McDermott and Nicole Gullekson. Beta Gamma Sigma is the national scholastic honorary society for students of business and management. Election to membership is the highest scholastic honor that a student in a school of business or management can achieve. Mr. Jeff Kessler, ’81, President of Allergychoices, Inc. was the guest speaker. Family and friends, CBA faculty and staff, and current members of Beta Gamma Sigma were on hand to congratulate our inductees: Alexander Barr Diane Brien Marcus Buchholz Kelly Chase Qian Chen Jenna Mandler Nathan Meuer Fall 2011 Thao Thi Phuong Nguyen Andy Paskey Linh Pham Bryant Poss Bridget Ripp Alyssa Ryan Kyle Stone Hoang Vo Mai Neng Yang SOCIETY FOR HUMAN RESOURCE MANAGEMENT DELTA SIGMA PI http://www.uwlax.edu/shrm/ Delta Sigma Pi (DSP) is a co-ed professional business fraternity founded in 1907 with over 300 collegiate and alumni chapters and has over 226,000 members nationwide. UW-La Crosse is proud to have one of the largest collegiate chapters with 70 active members and 27 pledges this semester. DSP is a great way for business majors to get involved on campus, meet new people and better themselves professionally. Every year, the fraternity gets involved in many community service projects, professional activities and fundraising events. Adopt-A-Highway, Salvation Army, and Relay for Life are just some of the ways DSP gets involved within the community. In addition, each semester they host “Prep-for-Success” as well as invite speakers to discuss many relevant business topics. Whether you are interested in joining for networking opportunities or professionalism, DSP is so much more than that. The bonds formed through brotherhood are very strong and the friendships and memories gained will last a lifetime. To learn more about DSP or how to become a member, visit www.uwlax.edu/dsp. 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 Fall 2011 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. Information systems 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 @ mailto:vo.hoan@uwlax.edu for more information. STUDENT ADVISORY COUNCIL FINANCIAL MANAGEMENT ASSOCIATION BETTA GAMMA SIGMA http://uwlmyorgs.collegiatelink.net/organiz ation/financialmanagementassociation 10 The Student Advisory Council for the School of Business (SAC) is a student run organization on campus that actively works with the CBAs dean’s office. Members of SAC develop professional CBA Newsletter skills, network with faculty, staff, and local businesses. SAC also has great leadership oppourtunites to help students gain experience and to become more active on-campus. This semester we helped organize the freshmen social, and are currently working on our 4th Annual Food drive, which takes place in November. We meet every Monday at 7:15 p.m. in 112 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. Fall 2011 CBA ADMINISTRATION Accountancy ...............................................................................................Dr. Barbara Eide Economics ...................................................................................................... Dr. TJ Brooks Finance .............................................................................................................Dr. Rob Wolf 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