CBA Newsletter Spring 2011 Published by Delta Sigma Pi In cooperation with the Dean’s Office & the Small Business Development Center Volume 28 No 2 Spring 2011 DEAN’S OFFICE 223 W. Carl Wimberly Hall Inside this issue: Dean‟s Office 1 Mid-Semester is Friday March 11 Departmental Updates Accountancy Economics Finance Information Systems Management Marketing Small Business Development Center 2 3 4 6 7 8 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 10 10 10 10 CBA Administration 11 10 10 11 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 2011, 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, here or elsewhere, must also apply by this deadline. 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 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 May. 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 1 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 has posted office hours on their doors. If these hours are incompatible with a class schedule, students should talk with the advisor about arranging another time. The CBA is planning to conduct advising surveys for both students and faculty later this semester. We hope to have participation by all to make realistic assessments of our advising program. 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. Registration for Summer and Fall 2011 Registration begins in mid-April. 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. CBA Newsletter Summer registration will take place a couple days before fall 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. Spring 2011 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. August and December 2011 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. You‟ll find it under “other academics.” This should be done when you register for the fall semester. Summer (August) graduates should have already done this. I-S 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. Reminders 1. 2. Dropping a Class? The last day to drop a full-semester class is March 25. 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. Planning to complete a course at home this summer? 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. UW-L Offers New Joint Program in International Business with the University of Applied Science in Frankfurt, Germany Through the joint efforts of UW-L business faculty and faculty of the University of Applied Science in Frankfurt, Germany, UW-L students now have the opportunity to earn a bachelor‟s or master‟s degree from both institutions. Starting this fall, UW-L students will be able to earn a degree in International Businesses Administration from Frankfurt by completing two semesters at the University of Applied Science in English and a one semester internship. Students need to only have completed two semesters of college level German or a conversation class while in Frankfurt before the start of their first semester. Since this is part of a direct exchange, the program costs are very reasonable. The program fee is only $5,504 per semester. Please note: the program fee does not include housing, meal plan or airline ticket. In addition, UW-L students with strong German language skills can now also pursue a master‟s degree in any available consecutive program at the University of Applied Science in the Faculty of Business and Law. Starting in fall 2011, five international business students from the University of Applied Science will also be attending UW-L studying business as part of this exchange program. For additional information regarding the new programs with the University of Applied Science in Frankfurt, please 2 contact the Office of International Education. DEPARTMENTAL UPDATES ACCOUNTANCY DEPARTMENT UW-L Ranks 22nd in Nation The National Association of State Boards of Accountancy annually reports on candidate performance on the uniform CPA examination. In its 2010 edition, UW-L ranked 22nd in the nation among schools without advanced degrees with respect to the percentage of first time candidates who passed all four sections. Congratulations to our accounting graduates!! Scholarships 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 will be accepted through Monday, March 21, 2011, since the due date of March 15 falls during spring break. Attendance at the banquet is a condition of receiving a scholarship. Banquet The Twenty-eighth Annual Spring Banquet is scheduled for Wednesday, April 27, 2011 at the Cleary Alumni & Friends Center. Michael S. Yankunas from the Madison office of Wipfli LLPs. will be the guest speaker. All accountancy majors are encouraged to attend. This is an excellent opportunity to network with firms and businesses. The Department of Accountancy awards its scholarships at the banquet. More information will be forthcoming. Class Scheduling Information Summer 2011 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 CBA Newsletter Spring 2011 421) will be offered face-to-face during Summer I. was accepted for publication in the Journal of the Academy of Finance. Fall Semester 2011 The Department will offer all courses required in the ACC major. In the fall, the department also offers ACC 301, Taxation for Non-Accountants, an elective in the ACC minor. Drs. Winter and Haupert (Economics) coauthored “MLB Leaks Financial Statements: A Factual Analysis,” to be presented at the 23rd Cooperstown Symposium on Baseball and American Culture, June 1-3, 2011. 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 can be taken concurrently. ACC 422 includes financial reporting under the present IFRS framework and specifically addresses the basic international financial reporting standards. ECONOMICS DEPARTMENT Advising and Registration All accountancy majors are required to meet with their advisors before registering. Advisement Reports are available on Wings. Please carefully review it before scheduling your advising appointment and registering. Additional information regarding advising will be forthcoming. Accountancy Minor The accountancy minor consists of thirteen credits: ACC 321, plus any three additional 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 5:00 – 7:00 pm and Wednesdays from 7:00 – 9:00 pm. Faculty Research Professor Joseph Kastantin‟s paper “Auditing Standards: Interaction Between US Audit Standards and International Standards on Auditing” will be published in the March 2011 issue of The New Accountant. Dr. Komissarov received an invitation to attend the 2011 New Faculty Consortium sponsored by the American Accounting Association in Leesburg, VA, February 35, 2011. Dr. Maas‟ paper “Maximizing IRA Returns Using FLP/LLC Discounting Techniques” Faculty Research During fall 2010, Professor John Nunley presented three papers at conferences. He presented two papers at the Southern Economic Association Annual Meeting in Atlanta, Georgia. The first of these presentations, “Son Preferences in the United States: Evidence from ChildCustody Reform” (with Alan Seals), investigates whether state-level reforms that indicate a preference for shared child custody arrangements following divorce led to different living arrangements for sons and daughters. While the study shows both sons and daughters are more likely to live with their fathers after custody reform, daughters are approximately one percentage point less likely to live with their fathers than sons in adopting states. The second presentation, “Divorce Laws and the Marriage Earnings Premium” (with Professor Lisa Giddings), examines whether divorce law reforms allowing easier access divorce affect the earnings of married men. The results indicate that married men in reform states about five-percent less than married men in nonreform states. Lastly, Dr. Nunley, along with co-authors Dr. Lisa Giddings, Alyssa Schneebaum, and Joachim Zietz, presented their joint paper, “Children, Family Size and Household Specialization: A Comparison of Different-Sex and Same-Sex Couples using Exact Covariate Matching,” at the American Economic Association Annual Meeting in Denver, Colorado. Drs. Lisa Giddings and John Nunley also presented this paper at the January Allied Social Science Meetings in Denver, Colorado. 3 The study examines whether different-sex and same-sex couples divide market work similarly. The results show that differentsex couples are substantially more likely to specialize in stark paid and unpaid roles. However, different-sex and samesex couples specialize in market and domestic spheres similarly when children are present. Senior economics honors student Nick Herro presented his honors thesis, "Measuring Uncertainty in Central Bank Decisions and its Impact on Macroeconomic Outcomes," on February 18. He worked on the project with Professor James Murray which complemented his research on the impact expectations have on the macroeconomy. Herro finds in his research that an environment of uncertainty created by unexpected monetary policy decisions can lead to greater unemployment, higher inflation, and larger economic swings. James Murray will be participating in the Midwest Economic Association meetings in March 2011. He has organized two sessions on Monetary Economics and will be presenting two papers at the conference. Special Forum Topics This Fall NEW COURSE: ECO 474, Section 2: Principles of Business Sustainability (also cross-listed with FIN 400 and MGT 400). This course is designed as both a standalone introduction to sustainable business management and as an initial module in a four-course sequence for a possible 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 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. This will be a team-taught course with instructors from various CBA departments, including Dr. Anderson (Economics), Dr. Hench (Management), and Dr. Tippins (Finance). Guest speakers and visits to local businesses on the sustainability cutting-edge are planned. Days/Time: MW 2:15-4:10 first 11 weeks of semester. CBA Newsletter BEHAVIORAL ECONOMICS ECO474 with Dr. Lisa Giddings. Would you rather take a job opportunity in which you would earn $65,000 and be the least paid in your office or a job in which you earned $60,000 and were the highest paid? How are people able to get college degrees and accomplish goals at work but not eat healthy, lose weight and get in shape? Are people irrational or just stupid? Behavioral economics uses social, cognitive, and emotional factors in understanding (and predicting) the economic decisions of individuals and institutions. This class will be part lecture, part seminar and part experiments as we explore the behavioral literature and ask questions of our own. Have you ever wondered if Adam Smith really believed in laissez faire? Or if communism today resembles the vision of Marx? Or who developed the model of supply and demand? This fall in ECO 306, History of Economic Thought, we will answer those questions and more. This course traces the evolution of economic thought from the 17th century to modern times, exploring these ideas within the historical, political, religious, and social context in which they emerged. Please join Dr. Laurie Strangman for a journey through some of the great minds in economics. This class will follow a discussion format based on the assigned readings. Scheduling notes… A reminder to economics majors that MTH 175 or 207 is a prerequisite for ECO 305 and 308. Fall Schedule ECO305 Intermediate Macroeconomic Analysis – Kathryn Birkeland ECO306 History of Economic Thought – Laurie Strangman ECO308 Intermediate Microeconomic Analysis – Lisa Giddings ECO310 Managerial Economics –Glenn Knowles ECO320 Economics of Sports – Donna Anderson ECO330 Labor Economics – John Nunley ECO336 Women and the U.S. Economy – Donna Anderson and Mike Haupert ECO430 International Economics – Nabamita Dutta ECO474 Eco Forum: Behavioral Economics – Lisa Giddings A complete description of these courses is available at http://www.uwlax.edu/ba/eco/students/ec on%20courses.pdf Spring 2011 Economics Department Scholarships The Economics Department annually awards the David Cole Scholarship and the Maurice Graff Scholarship to deserving economics majors. To apply for these scholarships candidates complete the standard scholarship application that is available through the UW-L Foundation Web site at http://www.foundation.uwlax.edu/schgene ralapp.html Information about the scholarships including criteria is available at http://www.foundation.uwlax.edu/schbusin ess.html. program was started more than 60 years ago to foster Japanese-American relations. The conference alternates countries each year with 40 students from each country spending an intense month living, traveling and studying together. This year the conference visited four American cities. Dan has been selected to lead the U.S. students for the 2011 event. FINANCE DEPARTMENT Economics Department Seminars The Economics Department sponsors a seminar series throughout the academic year. At these Friday afternoon seminars faculty members present their research work. These presentations are tailored to a student audience and often 50 – 100 students are in attendance. Many of the speakers are visiting UW-L from other universities, and once per semester one of our own department members makes a presentation. More information about the seminar series including the schedule of upcoming speakers is available at http://eagleecon.blogspot.com/search/lab el/seminars. Inclusive Excellence Speaker The Economics Department is sponsoring, with the support of the College of Business Administration, a campus visit by Professor Lee Lowenfish who will address the topic “the civil rights implications of the integration of Major League Baseball.” Events will take place April 14 and 15 and include guest lecture appearances in classes, a brown bag lunch open to all at UW-L, and an evening lecture open to the public. Professor Lowenfish earned a doctorate degree from UW-Madison and has taught American History and American Studies. He is currently a lecturer in history in Columbia‟s graduate program in Sports Management. UW-L Economics Major Participates in International Conference Dan Jodarski, an economics major and international studies minor, joined 79 other students at the Japan America Student Conference in summer 2010. The 4 Welcome Ms. Debra Hoeth! The Finance Department hired a new Academic Department Associate (ADA) in January. Ms. Hoeth comes to UWL with three years of experience with the Department of Financial Institutions as a credit union examiner, and with nine years of experience with the Department of Transportation. In two months at UWL, she has made herself an indispensible member of the department. Student Opportunities 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) and Investment Analysis and Management (FIN 721), 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. Based upon the December 2010 presentations, Apple, Reynolds American, and Union Pacific were added to the Spellman Portfolio. Advanced Financial Analysis (FIN 447) The course is designed to prepare students to take Level 1 of the Chartered Financial Analysis (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 UWL students as Kaplan- CBA Newsletter Schweser is headquartered in La Crosse. This course is usually offered spring term. Please contact Dr. Wolf 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 Steve Halverson, Brandon Hellenbrand, and Nick Herro as this year‟s scholarship recipients. CFA Global Investment Research Challenge Through the 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 Brent Cretzmeyer, Casey Gray, Steven Halverson, Christopher Morgen, Kurt Skowron. Please contact Dr. Van Dalsem for more information. Class Scheduling Information Summer Term Courses All Summer 2011 offerings will be offered online and offerings are contingent on enrollments. Summer I: (May 23 – June 17) Personal Finance (FIN 207), is open to students in all colleges and can help you acquire the tools you need to reach your financial goals. Also, the course is included in the General Education curriculum as a component of the Self and Society category. This course is a prerequisite for the Risk, Insurance, and Financial Planning concentration. 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, Spring 2011 introduce the financial management of the firm. Topics covered include financial statements, working capital management, cost of capital, capital budgeting, capital structure, types of capital and the time value of money. Prerequisites include ECO 110, ECO 120, and ACC 222. Please contact Dr. Wolf for more information. Summer II: (June 20 – July 15) 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 18 – August 12) Money and Capital Markets (FIN 390), a finance major requirement, provides an overview of financial securities, financial markets and financial institutions. The risks inherent in financial securities and financial institutions as well as those financial securities and processes to hedge risk are analyzed. A discussion of the factors influencing interest rates is initiated. FIN 355 is a prerequisite. Contact Dr. Wolf for more information. Fall Term Courses Note: Financial Modeling and the Principles of Business Sustainability are very different courses, but are both listed under FIN 400. Please be sure to verify the course title when registering for FIN 400. Finance Group I Electives - 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. Van Dalsem if you would like more information. 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 5 include only FIN 355, but FIN 207 and FIN 360 are useful. Registration for this course must be done manually; contact Dr. Wolf for an override or more information. Multinational Financial Management (FIN 440) is required for international business majors and minors, however, many students can benefit from learning about the application of basic business finance principles in an international context. The only prerequisite for this course is FIN 355. Please contact Dr. Yang for 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. Wolf 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 NEW COURSE Principles of Business Sustainability (FIN 400 also cross-listed with ECO 474 and MGT 400) is designed as both a stand-alone introduction to sustainable business management and as an initial module in a 4-course sequence for a possible 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 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. This will be a team-taught course with instructors from various CBA departments, including Dr. Anderson (Economics), Dr. Hench (Management), and Dr. Tippins (Finance). Guest speakers and visits to local businesses on the sustainability cutting-edge are planned. CBA Newsletter General Education Elective Personal Finance (FIN 207)-Please see the course description under Summer Term Courses: Summer I. This fall, Personal Finance will be offered face-to-face. Please contact Professor Tempski for more information. January Term The Department of Finance plans to offer the Principles of Financial Management (FIN 355) and Corporate Finance (FIN 370) during the January 2011 term depending on enrollments. For more information, please see your advisor or Dr. Wolf. Advising and Registration The department will email informational material on advising and registration at the end of March. Please carefully review your Advisement Report, available on WINGS, before scheduling your advising appointment and registering. Faculty Research & Service Dr. Tippins has published, “Returns on Investment of Socially Responsible Firms versus Non-Socially Responsible Firms: A Financial Market Perspective,” in Ethics and Critical Thinking, with Cristina Muise and “The Enneagram as a Personal Finance Tool,” in Insights to a Changing World. Drs. Van Dalsem, Wolf and Tippins received Online Development Grants for Personal Finance (FIN 207), Principles of Financial Management (FIN 355) and Principles of Insurance (FIN 360) respectively. Online delivery of these courses will improve student access and student ability to self-select according to their learning style. Dr. Wolf serves on the UW System Tax Sheltered Annuity Investment Committee. Professor Morrison continues to serve as the Treasurer and member of the Board of Directors for Marine Credit Union. Dr. Graham is the advisor for Delta Sigma Pi Professional Business Fraternity. Dr. Tippins serves as the advisor for the Lacrosse Club and for the Financial Management Association student chapter. 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. Paul Wanta will be pleased to help you with your questions. Spring 2011 Administrative assistance can be obtained from our program assistant, Ms. Debra Hoeth, whose office is in 406E Wimberly Hall. INFORMATION SYSTEMS DEPARTMENT New Faculty The Information Systems (IS) Department welcomes our new instructional academic staff, David Annino, to join the faculty this semester. David is an ABD from the University of Georgia and has several years of experience in teaching a variety of IS courses. He is teaching one lecture section of the IS 220 course and all 8 sections of discussion for the current semester. In addition to teaching, David is also taking on the task of updating the IS website. Starting from the coming fall semester, he will join the rest of IS faculty in advising IS major and minor students. Fall Course Offerings To correct the inadequacy of teaching IS 401 in Wing 07, this course will be moved to Wing 25, the IS Lab, starting fall 2011. Dr. Haried will teach two sections of IS 401 to both IS majors and minors. Two section of IS 330 will be taught by Dr. Dai, with each section restricted to 20 seats due to the highly technical nature of this course. All IS majors currently in IS 310 should take this course as it is only offered in the fall semester. Dr. Wen will again offer one section of IS 410/510, which is an elective for IS majors/minors and MBA students. No other upper-division IS elective course is scheduled for next fall. Students who need electives for timely graduation are encouraged to take IS internships for credits, the IS independent study course, or qualified elective courses in the Computer Science Department or Management Department. Summer Course Offering Due to the difficulty in delivering a heavy, 4-credit course in only 4 weeks, the Department has decided to not offer the IS 220 course in the coming summer. However, if strong student demand for the course exists for intersessions, the IS department will explore the feasibility of offering this course online in the future. 6 International Programs In October 2010 Dr. Wen visited the National Kaohsiung University of Applied Sciences and the National First University of Science and Technology in Taiwan to promote and coordinate our joint MBA programs. He made program presentations and held information sessions with interested students in these two universities. In January 2011, Dr. Wen arranged an Asian trip with CBA Dean Colclough to visit four universities in Xi‟an, China and the two partner universities in Kaohsiung, Taiwan. With great assistance by Dr. Dai and her family, the delegation was able to engage in enthusiastic and in-depth discussions on establishing joint undergraduate degree programs with three large private universities in Xi‟an. The delegation also explored the possibility of developing a joint MBA program with the Xi‟an Jiaotung University, one of the top 5 elite universities in China. After having returned from Asia, Dr. Wen has been working with Dr. Dai to develop a model 2+2 undergraduate program for the three Chinese private universities. It is anticipated that a contract program agreement will be signed with the Xi‟an Peihua University, the largest of the three, in June 2011, and the 2+2 program will start in China this coming fall. The development and sustained operation of international contract programs like these will become crucial to the financial viability of the University. Online Program Development For the anticipated offering of the Health Information Management and Technology online program in the fall (by a UWSystem consortium including UW-L), 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). Both courses will be taught online. Healthcare is the fastest growing industry in the U.S., which accounts for 12% of the GDP. To increase efficiency as well as effectiveness, information technology has been used in nearly every aspect of CBA Newsletter healthcare including care delivery, administration, record keeping, and funding. This trend has resulted in high demands for professionals to manage and work in the healthcare information management and technology (HIMT) areas. On recognizing the State‟s needs to educate this new breed of professionals and the shortage of 4-year bachelor degrees, a consortium of four UW campuses (Green Bay, La Crosse, Parkside, and Stevens Points) has been formed under the leadership of the UWExtension to develop and offer an online degree completion program in HIMT. The program will have two tracks: health information management and health information technology. There are 16 common core courses required of all students in the program. In addition, each of the two tracks requires 4 track-specific courses. With the requirement of 20 3credit courses, students in either track will complete 60 credits (in addition to the 60 credits required for admission) to graduate. Under the current collaboration agreement, each of the four partner campuses will offer 6 courses in the program, and the IS department will take on this responsibility for UW-L. The bachelor of science degree of this program will be conferred by the partner campuses except UW-L. The IS department has seen two important strategic advantages in joining this new academic initiative. First, the IS discipline has been confronted by a repositioning challenge, and HIMT appears to be the most promising area for the IS faculty to develop new expertise. Second, using online courses to supplement onsite programs has become an inevitable trend in the current and for the future higher education environments, and the IS faculty need to gain knowledge and experience in this new mode of course delivery. The IS department‟s commitment to the consortium HIMT program is a forwardlooking, strategic move that is strongly supported by the upper leadership of UW-L. Faculty Research Referred JOURNAL Dai, H., Singh, R., Iyer, L. (2011), “An Investigation of Consumer‟s Security and Privacy Perceptions in Mobile Commerce,” Journal of Information System Security, Forthcoming. Spring 2011 Management Sciences Journal, 13(2), 124. Yang, K.H., Kim, C.S., Oh, E.H., and Kim, J.K. (2010), “The Appealing Characteristics of Download Type Mobile Games,” Service Business- An International Journal, Vol. 4, 253-269. Conference Proceedings Dai, H. and Salam, A. F. (2010), “An Integrative Framework of Service Convenience, Service Consumption Experience, and Relational Exchange in Electronic Mediated Environment (EME),” Thirty First International Conference on Information Systems (ICIS2010), St. Louis, Missouri, presented on Dec.16th, 2010. Haried, P. and Dai. H. (2011), "Past, Present and Future of Information Systems Offshoring: A Meta Analysis and Review," American Society of Business and Behavioral Sciences Conference. -Best Paper Award Winner. Wen, K. and Peng, K. (2011), “The Effects of QR Mobile Guiding and Information Richness -- A Field Experiment on National Park Tourists ,” Accepted for the 2011 Western Decision Sciences Annual Conference in Portland, Oregon. Book Chapter Yang, K.H., Kim, C.S., Zhao, W. (2010), An Integrated Model for E- CRM in Internet Shopping, in Encyclopedia of EBusiness Development and Management in the Global Economy, Chapter 74, 743750. Yang, K.H., Kim, C.S., and Kim, J.K. (2010), A RFID Based UbiquitousOriented 3rd Party Logistics System: Towards Blue Ocean Market, in Sustainable Radio Frequency Identification Solutions, Chapter 2, 23-36. Presentation Dai, H.(2010), “Service Convenience, Service Consumption Experience, and Relational Exchange in Electronic Mediated Environment (EME) -- A Structural Equation Modeling Approach”, Fall2010 Colloquium, Mathematics department, University of Wisconsin-La Crosse, presented on Dec.3rd, 2010. MANAGEMENT DEPARTMENT Book Release Special kudos to the November 2010 publication of Dr. Davide Secchi‟s book, Extendable Rationality: Understanding Decision Making in Organizations. http://www.springer.com/business+%26+ management/organization/book/978-14419-7541-6 Unfortunately, the funding for the national book tour and/or wine and cheese party, complete with parading minstrels and dancing poodles, all in four-four time, has fallen victim to the recent “budget repair bill” battle in the state house and has been replaced, instead, by our heartfelt congratulations to Davide on a job well done! Seriously, Davide, congratulations. It is an important achievement and we all commend you. Faculty Research Presentations/Research/Service Congratulations also go out for these other research efforts on the part of Dr. Secchi: Secchi, D. 2011. Discrimination and Banks: How Far Can We Go with Competition? A Reply to Block, Snow, and Stringham. Business & Society Review, 116(1): 53-83. Secchi, D. 2012. (Invited) Guest Editor of the symposium on Socially-Distributed Rationality and Decision Making, International Journal of Organization Theory and Behavior. Vol. 14, No. 3. Here is the link to the CFP: http://www.uwlax.edu/faculty/secchi/dswe b/CFP-IJOTB.pdf In similar fashion, congratulations to Dr. William Ross for: Haried, P., Ahsan, M., and Musteen, M. (2010), “Understanding the Relationship between Uncertainty and International IT Sourcing Strategy: A Conceptual Framework,” Academy of Information and Drs. Ross and Secchi (2010), “Using Distributed Cognition to re-design a Collective Bargaining course,” in the 7 CBA Newsletter Journal of Human Resource Education, Vol. 4, (4) 1-14. Ross, W. H., & Secchi, D. (2010). “Using Distributed Cognition to re-design a Collective Bargaining course.” Journal of Human Resource Education, Vol. 4, (4) 114. Boland, M., & Ross, W. H. (2010). Emotional Intelligence and dispute mediation in escalating and de-escalating situations. Journal of Applied Social Psychology, Vol. 40, (12), 3059 – 3105. Ross, W. H. (2010). “Trust.” In I.B. Weiner and W. E. Craighead (Eds.) The Corsini Encyclopedia of Psychology, Fourth Edition. New York: Wiley (pp. 1810 – 1812). Dr. Ross also published the following case: Romportl, D. T., & Ross, W. H. (2010). Bargaining strategy in Major League Baseball. In Lewicki, R. J., Barry, B., & Saunders, D. M. (Eds.) Negotiation: Readings, Exercises, and Cases, Sixth Edition (pp. 638 – 648). Burr Ridge, IL: McGraw-Hill. In similar fashion, Dr. Leticia Pena and Dayr Reis (posthumous) and Gail Gillis have the following article In Press: “Competitive Excellence in the Global Supply Chain,” in the International Journal of Services, Economics and Management. Vol . 3, No. 2. Spring 2011 this film festival and the Department of Management‟s ongoing commitment to the UN Global Compact and the Principles of Responsible Management Education. Be sure to attend some, or all, of this film festival if you can! (Or, if this newsletter is published after the film festival was held, here is hoping that you were able to attend!!!) Summer School For those needing management classes this summer, the department will be offering MGT 449 with Dr. Hench and MGT 308 with Dr. Ross in Summer Session I, in a classroom setting, and MGT 393 online with Dr. Stapleton. Then, in Summer Session II, Dr. Ross will be offering MGT 483 (Corporate Training) in a classroom setting while Dr. Stapleton will offer MGT 393 online and Ms. Tempski will offer MGT 308 online. MARKETING DEPARTMENT In the spirit of “save the date,” Dr. Pena, along with others on the UW-L Select Committee on Internationalization at UWL and the International Education Office, has been working diligently on bringing the 3rd United Nations Association Film Festival to La Crosse from March 4-5, 2011. The films will be shown in the Cleary Center from 12:00pm to 9:45pm each day. Twenty-one documentaries from the United Nations will be shown during the course of two days to increase awareness of international customs, cultures, and lifestyles. These will stem from four key themes including sustainability, human rights, health issues and globalization as part of a university-wide effort to broaden student and community understanding of global concerns. Readers will also notice the obvious link between the themes of Sustainability is a growing issue in society and in business. Certainly 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. Watch for a new sustainability course that will be piloted this fall semester and cross-listed in several business disciplines, such as ECO or MGT, under the 400 number. This course is also a 400 level university elective for Marketing majors. A New Face in the Department Please welcome Kathy Sonsalla , who is serving as our Academic Department Associate (ADA). Kathy has been with UW-L for a long time and we are pleased to have her helping us out in the Marketing office. Please stop by and say, “Hi,” to Kathy. MKT 309 Faculty Research As a further accolade, Dr. Pena has been invited to serve on the Editorial Board of this same, above journal. Film Festival staffing. The course focuses on a specific region or country and examines the marketing practices, social forces, politics, trade history and economics of the area, along with attention to U.S. based firms operating in the area. It will be taught by Dr. Stephen Brokaw. This course is an elective course for the IB major and a 400 level university elective for Marketing majors. Jump Start your Marketing Major! Getting tired of taking accounting and statistics courses? Want to take your marketing courses? Marketing 309, Principles of Marketing, is the gateway course to all other marketing courses. And, if you take MKT 309 in late spring, before summer even really gets started, you‟ll be ready to take those Marketing courses you‟ve been waiting for, this fall semester! The MKT 309 course is being offered in a 3 week session starting May 17th and ending June 3rd --- just in time for you to enjoy summer. The course will be taught by Dr. Gwen Achenreiner. New Classes for Fall Back by Student Request --- MKT 440, Comparative Marketing Systems, will be offered this fall 2011, after over 10 years of not being offered due to reduced 8 Dr. Gwen Achenreiner and Dr. Marc Hein, had a paper accepted for publication in Vol. 16 of the Journal for Advancement of Marketing Education, 2011. The paper is entitled, "Executives in Residence: A Review and Assessment." Dr. Hein, a former Visiting Professor in the Marketing Department, is currently the Research Manager, Applications & Technical Service for Kraton Polymers, LLC in Houston, Texas. Dr. Jon Fields and Dr. James Finch had the article, “The Tropical Fish Farm: Transitioning from Hobby to Business,” published in the Journal of the International Academy for Case Studies, Vol. 16 (1), 1-12, 2010. Dr. Fields retired from the UW-L Marketing Department in Spring 2010. Dr. Finch had the article, “Modine Manufacturing: Pricing Strategies for a Global OEM Market,” accepted by the Journal of the International Academy for Case Studies, forthcoming. CBA Newsletter Dr. Maggie McDermott, Joe Chilsen, Susan Whitewater and Betsy Knowles had a paper accepted for presentation at the 2011 Midwest Business Administration Association Conference, which will be held March 23-25 in Chicago, Illinois. The paper entitled, “Course Embedded Assessment in a Principles of Marketing Course,” will be published in the conference proceedings. Spring 2011 SMALL BUSINESS DEVELOPMENT CENTER CEO CLUB Advice from Alumni “I would recommend getting heavily involved with as many extracurricular activities and/or internships as possible. These activities could range from joining clubs such as American Marketing Association to getting an internship in the field you are pursuing. By taking an active path in gaining business knowledge, outside of class work, you will start to gain experience that should help you really understand what direction you want to take your career as well as give you the experience to land the role you are looking for. Don‟t just do these activities to do them, take time to think about what you are getting out of them and how it‟s transferrable to the „real world‟.” Bryan Pierce, UWL Marketing Alum 2007 TEKsystems Account Manager Madison, WI bpierce@teksystems.com “It's all just time and money, it flies by anyway. Live your life, chase your dreams and don't be afraid that you might fall because with the skills of someone with a college degree you will always land on your feet and you just need to keep walking. You have the power to control so much more in your life as long as you position yourself to do so. It took me until I was entering my 6th year (yes, 6th) to make decisions about my future and within a month's time I decided to move out West after graduation, try something I've never done before and walk on the edge. It was the best experience, gave me the power to do what I wanted and helped me realize how great both my family and the La Crosse community is and that this is where I wanted to settle long term.” STUDENT ORGANIZATIONS 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 May 9-12. The CGBP also serves as a preparatory course for the CGBP exam. Visit www.uwlax.edu/sbdc for details. The CGBP credential fosters global business practices and is a nationally recognized international business credential. Four members of CBA faculty have earned the credential: Barb Eide, Accounting; Stephen Brokaw, Marketing; Gail Gillis, Management, and Lise Graham, Finance-Interim Associate Dean. Recently, the SBDC expanded its recruiting territory beyond the 7 Rivers Region to also invite business people from companies within Minneapolis, Madison, Milwaukee, Green Bay, and Chicago. The SBDC is working hard to communicate the importance of the CGBP program to professionals looking to expand their international trade knowledge. Dan Lee, UWL Marketing Alum 2002 Federated Insurance Marketing Representative Onalaska, WI djlee@fedins.com New Student Organization for Entrepreneurs. The Collegiate Entrepreneurs' Organization (CEO) is being organized on campus. CEO's mission is to inform, support and inspire college students to be entrepreneurial and seek opportunity through enterprise creation. This organization connects students with their entrepreneurial peers to share and gain new ideas and practical knowledge to help advance their entrepreneurial interests. If you are interested in this organization, come to its next meeting March 8, 2011 at 8:30 p.m. in Room 105 Wimberly Hall. Additional information may be obtained by contacting Jon Holthaus at holthaus.jona@uwlax.edu. 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. AMA also promotes networking between students, faculty, alumni and business professionals. Spring 2011 is off to a great start. Events we have planned for the semester include the Alumni Panel, professional speakers, and much, much more! Our organization is also working on a promotional plan for Complete Game Athletics. For more information come to our meetings on Wednesday nights at 5:30pm in Cartwright RM. 259. 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. 9 CBA Newsletter Spring 2011 junior class; top 10% of the senior class, and top 20% of the MBA program. 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 accountancy minors 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 convention in Indianapolis, IN and the national convention in Denver, CO. Meetings are held Wednesday evenings at 5:30 pm in 113 CWH. At the meetings, students will have the opportunity to interact with professionals and gain knowledge about the business world for their future endeavors. 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 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. 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. FINANCIAL MANAGEMENT ASSOCIATION BETTA GAMMA SIGMA http://uwlmyorgs.collegiatelink.net/organiz ation/financialmanagementassociation DELTA SIGMA PI Delta Sigma Pi (DSP) is a co-ed professional business fraternity founded in 1907 and has over 221,000 members nationwide. UW-La Crosse is proud to host one of the largest collegiate chapters of Delta Sigma Pi in the nation. With 90 active members and 22 pledges this semester, DSP provides a great way for business majors to meet other individuals in the business majors to meet other individuals in the business area. It is also an opportunity to better yourself professionally, socially, and fraternally. Being part of Delta Sigma Pi gives you an opportunity to become an active force in our academic community. Whether it's by taking part in one of the many community service projects, or listening to accredited successful professional speakers, or even dabbling in some of the outstanding social events, DSP will not leave you short on ways to become involved. Delta Sigma Pi is not the typical fraternity nor does it strive to be. What it is and what it can be for you is an opportunity to develop networking skills and improve your professionalism. More than that, as any member can attest to, are the things that cannot be measured by pen and paper, but the bonds and lifelong friendships that can be formed and provide memories that will last a lifetime. To learn more about how to become a member of Delta Sigma Pi, visit www.uwlax.edu/dsp or contact Tiffnee Robus at robus.tiff@uwlax.edu. Beta Gamma Sigma is open to business majors who rank in the top 7% of the 10 SOCIETY FOR HUMAN RESOURCE MANAGEMENT http://www.uwlax.edu/shrm/ INFORMATION SYSTEMS ASSOCIATION Under the supervision of Dr. Haried, the Information Systems Association (ISA) has planned a number of speaker presentations and activities for the Spring 2010 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. ISA will also be participating in the career fair at Federated Insurance where a select number of ISA members will visit and tour the facilities at Federated Insurance in Owatonna, MN. 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 real-world IS careers. Contact Dr. Haried haried.pete@uwlax.edu or the ISA president Ian Roberts roberts.ian2@uwlax.edu for more information. CBA Newsletter STUDENT ADVISORY COUNCIL Spring 2011 CBA ADMINISTRATION Accountancy ............................................................................................... Dr. Barbara Eide Economics ................................................................................................ Dr. Keith Sherony Finance............................................................................................................. Dr. Rob Wolf Information Systems .............................................................................. Dr. Kuang-Wei Wen Management................................................................................................. Dr. Tom Hench The College of Business AdministrationStudent Advisory Council (SAC) serves as a communication link among students, faculty, business organizations and the Dean of the College of Business Administration. SAC members are representatives of the various organizations, fraternities, and departments within the CBA. Marketing ........................................................................................... Dr. Gwen Achenreiner Assistant to the Dean .................................................................................... Amelia Dittman Associate Dean............................................................................................... Dr. Bruce May Dean ....................................................................................................Dr. William Colclough SAC undertakes projects for the College of Business, such as Campus Close Ups. The council also stays up to date on relevant issues within the College such as sustainability, and AACSB accreditation. This year SAC is also responsible for determining how to organize a Senior Gift, as well as recommendations for the future placement and building needs of students in the CBA. Members are the face of the students in the CBA and attend professional and social events throughout the academic year. The organization gives back to the community through one event each semester. First semester SAC held their annual All City Food Drive in collaboration with The Hunger Task Force, Rotary Lights, and Downtown Mainstreet, Inc. This semester the group will be participating in the Polar Plunge. Students benefit from the membership through expanding their education, networking with professors, administration, and business professionals. Most importantly, they gain important organizational and leadership skills in the campus and local communities. SAC meetings are open to all business majors and minors, CBA senators, organizations, and faculty who would like to make the CBA successful and one cohesive unit. Our meetings are held on Monday nights at 7:00 in Carl Wimberly Hall room 113. For more information about meetings and events, please email carini.tedd@uwlax.edu. 11