CBA Newsletter Fall 08 Published by Delta Sigma Pi In cooperation With the Dean’s Office Volume 26 No 1 Fall 08 DEAN’S OFFICE 223 W. Carl Wimberly Hall Mid-Semester is Friday October 17 9 9 9 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 Sem. II, 2008-09, 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 Jterm, here or elsewhere, must also apply by the 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 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 December. Program change forms are available at the Dean’s Office. Advisor/Advisee Assignments Faculty advisor assignments are posted on the bulletin board outside the Dean’s Office, and this information is also available on-line through the “Current Students” area (TALON) of the UWL website. your faculty advisor at that time. Jterm registration will take place a couple days before spring registration starts. 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. 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 CBA faculty also restrict registration until an advising session has taken place. Advising does not take place only at registration time. Students are encouraged to visit with faculty advisors at any time. Faculty have 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. Advising on the Web Check out the registration and course scheduling information for CBA students at our web site: www.uwlax.edu/ba/undergrad/undergradp rog.htm. Choose “Advising.” You’ll find 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 lots of excellent 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 Sem. II, 2008-09 Registration begins in mid-November. All instructions for registering and your SNAP report are sent to your email address by the Registrar’s Office in early November. Your SNAP report will also be sent to 1 May or August 2009 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 Registrar's Office website. This should be done this fall. https://talon.uwlax.edu/webRegistratio n/LoginServlet Business Law Courses Change Department The business law classes (MGT 205, 305, 405 and 415) moved from the Management Department to the Accounting Department last spring. The course prefix also changed from MGT to BUS. I-S 220 and BUS 205 Restricted Enrollment The CBA will restrict enrollment for spring, in I-S 220, I-S for Bus. Management and BUS 205, Legal and Ethical Environment of Business, to CBA Newsletter students officially declared as business majors. Reminders 1. 2. 3. Dropping a Class? The last day to drop a full-semester class is October 24. 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 in Jterm? 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/stu dy_abroad.htm. 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 Students who graduated this past August, or who will graduate December 2008 or May 2009 are invited to apply for the Hoeschler Award. This prestigious award, designed to recognize outstanding graduating seniors from the College of Business Administration, is awarded at each May commencement ceremony. It honors a student who has undertaken a substantial project(s) in which they have demonstrated ingenuity, initiative, entrepreneurship, strategic thinking and, hopefully, civic involvement. The Hoeschler family wishes to recognize Fall 08 students who not only have a solid academic record, but who have also demonstrated a creative approach to identifying, planning and executing one or more projects. Applications and information may be picked up at the Dean’s Office, 223 Wimberly. The deadline for applications is early March. The cash award will be presented during the May 2009 commencement celebration. Academic Advising Center Calling all undecided business students!! Are you feeling a bit stressed about the fact that you don’t have a major? Does it seem like everyone else knows exactly what they want to do with their life but you? Would you like to talk to someone about the different majors offered within the College of Business as well as career opportunities in business? If you are nodding your head “yes” to any of the above questions you should check out the Academic Advising Center here on campus! Dr. Laurie Strangman, a faculty member in the Economics Department, is currently working as an advisor in the Academic Advising Center. She can help you with any advising or career questions that you might have. The Academic Advising Center is located in Room 8 of Wilder Hall. Dr. Strangman’s hours in the AAC for this fall are: Tuesdays from 12:30-4 p.m. and Thursdays from 1:30- 4 p.m. For an appointment please call the AAC at 7856950. National Conference on Undergraduate Research The National Conference on Undergraduate Research (NCUR) will be held at UWL April 16-18, 2009. NCUR is dedicated to promoting undergraduate research, scholarship, and creative activity in all fields of study. Approximately 2,800 student presenters and faculty members from all 50 states will be attending. This is a great opportunity to show UWL’s dedication to undergraduate research and our warm hospitality. To be successful, we need hundreds of volunteers! Faculty, instructional academic staff, and graduate students interested in moderating the presentation sessions should contact Bill Schwan at schwan.will@uwlax.edu. In addition, we need students, faculty, and staff 2 volunteers in a variety of capacities from registration to transportation and publicity. Please contact Becki Battista at battista.rebe@uwlax.edu if you would like to volunteer. Thank you in advance for your help. If you would like more information about NCUR, such as the deadline for submitting an abstract, please visit www.uwlax.edu/ncur2009. DEPARTMENTAL UPDATES ACCOUNTANCY DEPARTMENT The department welcomes Deanna Wachter as our new ADA. Her background is in elementary education and personnel. She has worked on campus for seven years in various offices and departments, most recently Disability Resource Services. Deanna enjoys spending time with her son and daughter, reading, and watching movies. The department also welcomes Dr. Kirsten (Kris) Rosacker. Dr. Rosacker comes to us from the University of South Dakota. She received her B.S. in Accounting from Mankato State University, her M.S. in Taxation from The University of Akron, and her Ph.D. in Information Systems from the University of Nebraska-Lincoln. Dr. Rosacker is also a Certified Management Accountant (CMA). She is teaching accounting information systems and managerial accounting. Her research interests are in the areas of corporate governance, financial literacy, and project management. When away from campus, Dr. Rosacker enjoys spending time with her husband and three children. Linda Sherony joins the department this semester teaching two sections of managerial accounting (ACC 222). Ms Sherony recently completed UW-L’s MBA program and has owned her own business. She brings excellent insights into the classroom. Faculty News Dr. Rosacker co-authored “Financial literacy of freshmen business school CBA Newsletter Fall 08 students” published in College Student Journal. Professors Kastantin, Winter, and Lyons revised and published the latest edition of “Conceptual Practice Approach for Financial Accounting and Reporting.” Linda Sherony provided assistance on the project by editing the student handbook. Professor Lyons participated in the Certified Global Business Professional seminar this past May sponsored by the Small Business Development Center. She successfully passed the national exam and is now a Certified Global Business Professional. Congratulations. Professor Kastantin completed another two exams this past summer and will take the last two (14 in total) in December to gain certification from the Association of Certified Chartered Accountants (ACCA) in Glasgow. Congratulations and good luck. Dr. Winter serves as the Internship Coordinator. Stop by to see him (412B) if you have any questions regarding internships. A special thank you goes to Professor Bice for stepping in and teaching ACC 435 – Governmental and Institutional Accounting at the last minute. Due to his dedication to the department, we did not have to cancel this elective for our accounting students. Class Scheduling Information J-Term 2009 The Department of Accountancy plans to offer ACC 221 (Winter) and ACC 222 (Lyons) during the January 2009 term. Spring Semester 2009 ACC 418 will again be offered this spring. Other than ACC 421, all required ACC courses will be offered. Stay tuned for further information later this fall on ACC 350 – VITA practicum. Advising and Registration SNAP reports will be e-mailed around the end of October. 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. Banquet The annual banquet is scheduled for April 29, 2009 at the Cleary Center. All accountancy majors should attend. Last year the Department of Accountancy gave out over $50,000 in scholarships at the banquet. Applications for scholarships will be due March 24. 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. Accountancy Minor The accountancy minor consists of thirteen credits including ACC 321, 322, plus two additional ACC courses numbered 300 or above. Courses taken to satisfy the minor may be used to meet other major electives. 150-hour Curriculum and CPA Candidates Wisconsin and Minnesota require 150 college credits to become a CPA. The department recommends that all students complete their 150-hour curriculum before starting employment in any jurisdiction. Students heading to other jurisdictions can check http://www.aicpa.org/states/uaa/150chart. htm to find out where that jurisdiction is in the 150-hour process. Students planning to sit for the CPA exam prior to graduation 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. Accountancy Tutors Assistance is available for ACC 321 & 322 Sunday evenings from 7:00 – 9:00 pm in room 256 of the library. If you need assistance with your ACC 221 or 222 class, tutors are available in 327 CWH. Hours are posted on the door and the BAP website. ECONOMICS DEPARTMENT Course Offerings ECO 307 - Introduction to Econometrics, Forecasting, and Time Series-Prereq. C-S 103, 104; MTH 145 T, Th 12:40 – 2:05 230 CWH Does alcohol use lead to risky sexual behavior? Do women really make less money than men? Did you know that if 3 you are female waiting a year to have a child can raise your lifetime earnings by 10%? Was Roe v. Wade really responsible for the reduced crime rates of the 90’s? Is the death penalty truly a deterrent? Does increasing the tax on alcohol reduce traffic fatalities? These questions are ultimately empirical in nature, and without the tools of econometrics impossible to answer. Think statistics is a boring subject? Well Freakonomics is the title of a book that spent most of 2005 on the New York Times best seller list. It is entirely about the application of econometrics and statistics to a myriad of interesting social issues. In this class we will spend time acquiring the skills of an applied econometrician by getting out hands dirty with a few interesting datasets, including the National Health and Social Life Survey (NHSLS), which asks detailed questions about people’s sex lives. We’ll also discuss forecasting. Can you predict how many people will attend a White Sox game? Can you predict where the stock market will be next month? If you are thinking of graduate school then econometrics is a must take course. It also provides the type of data analysis skills that will help you distinguish yourself on this difficult job market. Dr. Donna Anderson will be offering a new course in Spring 2009 titled "The Sustainability of Food" (offered as Econ 474) on the Economics of Sustainability. "Adam Smith saw economics as a twofold problem, one of which was how society was organized by exchange, the other of which is how society was 'provisioned' in what today would be regarded as a more ecological sense. But modern economics has gone wholly toward the view of economic life as a society organized by exchange, and has largely lost the sense of it being a process of provisioning for the human race, or even the whole biosphere". – Kenneth Boulding All students are invited to: 1) Develop an understanding of the relationships between ecological and economic systems; 2) Learn new tools and models where conventional economics is ineffective in addressing questions of sustainability and equity; and 3) Use this understanding and new tools to develop and analyze policies that will lead to a world which is ecologically sustainable, has a fair distribution of resources (both between groups and generations of humans and between humans and other CBA Newsletter species), and efficiently allocates scarce resources. No economics prerequisites are required. And, yes, the course will include cooking and eating! ECO 346: Environmental and Resource Economics returns to its usual offering in the spring of even years. The course will examine questions like the following. How much pollution is too much? What role should the government play in regulating the environment? Will “clean technology” lay the foundation for a sustainable future? How can we resolve global environmental issues? How can we do better? The course will develop economic tools to explore solutions to environmental problems with important discussions on government failure in pollution control and incentive-based regulation. The emphasis of the course is on policy as it regards the environment, though there will be some coverage from a business management perspective on achieving competitive advantage with an environmental strategy. This course in an elective in the Environmental Studies Minor. Independent Study: Introduction to Mathematical Economics. The department of economics has been offering 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 in the spring semester. Students will work through problems from Fundamental Methods of Mathematical Economics 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. See Glenn Knowles if you are interested in the independent study course. ECO 301: Money and Banking-What caused the current financial turmoil? How did these banks get in to so much trouble? How will this credit crisis affect you? Why do some feel it’s so important to bail out? We’ll address these and many other questions this spring in ECO 301: Money and Banking. The Economics Department will be offering two sections of this course for Spring 2009. Some other scheduling notes… The Economics Department’s spring 2009 upper division course schedule includes: Fall 08 ECO301, Money and Banking ECO307, Introduction to Econometrics, Forecasting, and Time Series ECO308, Intermediate Microeconomic Analysis ECO336, Women and the U.S. Economy ECO346, Environmental and Resource Economics ECO375, Economic Development ECO376, Economics of Arts and Entertainment ECO474, Economics Forum: Economics of Sustainability ECO474, Economic Forum: International Financial Economics Economics majors are reminded that the required intermediate theory courses are each offered only once per academic year: Eco 305-Intermediate Macroeconomic Analysis in the fall semester and Eco 308-Intermediate Microeconomic Analysis in the spring semester. Courses in International Economics The Economics Department is in the process of revising its array of international economics course offerings. Eco 340: Introduction to International Economics is unchanged and continues to be a requirement in the International Business major and minor. Eco 441: International Financial Economics will become Eco 440, will no longer have Eco 305 or 340 as a prerequisite, and will be taught on a more intuitive level with less mathematical rigor and sophistication. These changes make the course accessible to students who have completed principles of economics. Because Eco 440 is still in the process of being approved at the university level, it will be offered in spring 2009 as Eco 474-002 Economic Forum: International Financial Economics. Finally, the graduate component of Eco 441(/541) was dropped when the department added Eco: 740 Macroeconomic Policies in the Global Economy to the MBA curriculum this year. Study Tour Donna Anderson, Economics, and Sheri Ross, Philosophy, are leading a second Study Tour to Tanzania, East Africa, J-Term 2009 focusing on ethical globalization, social responsibility, and service learning. More information can be found at http://www.uwlax.edu/oie/Study_Abroad/J 4 -term/Tanzania/Forms/Tanzania_808.doc Economics Department Scholarships The Economics Department annually awards the David Cole Scholarship and the Maurice Graff Scholarship to deserving majors. Candidates for these scholarships must 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/schbookl et.html. Completed applications must be printed and submitted to the Economic Dept. office, 413 Wimberly, by March 1, 2009. Faculty News Professors Glenn Knowles’ and Keith Sherony’s paper “A Tale of Two Teams: A Comparison of the Cubs and Sox in Chicago,” is forthcoming in Nine: A Journal of Baseball History and Culture. The paper examines the claim that Chicago is a Cubs town by identifying the factors that explain attendance trends for the Cubs and Sox over the 1901 to 2005 seasons. The factors were categorized into two groups: economic related and baseball related. The economic related factors include the impact on attendance of ballpark construction and renovation, and media utilization. The baseball related factors include the impact on attendance of player quality and team position in the standings. The findings show that today Chicago is indeed a Cubs town, but it always hasn’t been that way. If you’d like to learn more you can access a copy of the paper at "A Tale of Two Teams: A Comparison of the Cubs and Sox in Chicago." Lisa Giddings presented a paper on maternal health outcomes in Tajikistan at the annual Central Eurasian Studies Society Conference held at Georgetown University, September 19-21, 2008. CBA Newsletter 2008-09 Seminar Series The Economics Department will once again host a seminar series during the 2008-09 academic year. The series is made possible by the generous bequest made to the department by David M. Cole, a professor of economics at UWL from 1966-77. Seminars are scheduled for Friday afternoons and generally last for one hour. The series is open to anyone, but should be especially attractive to economics majors and minors. The series highlights the current research topics of scholars from a variety of backgrounds. Past speakers have included Nobel laureates Douglass North and Robert Fogel and Federal Reserve Board Governor Laurence Meyer. While not all speakers are as distinguished, their research is interesting and the presentations are always worth attending. Beginning this year the final presentation each semester will be made by a member of the UWL Economics Department in an effort to highlight the research that our faculty is undertaking. The speaker series has been set for the year, though dates are subject to change. Final details concerning the time and room for each seminar are available on the department web page the week prior to the seminar. This year’s scheduled speakers include: October 10-Kristen Monaco, Cal State Long Beach, Wages and working conditions of truck drivers at the ports of Long Beach and Los Angeles November 7-Mike Wenz, Winona State, Is there status quo bias? Evidence from two point conversions in football November 21- James Murray, Viterbo, Initial Expectations in New Keynesian Models with Learning December 5- Glenn Knowles and Keith Sherony, UWL, A Tale of Two Teams: A Comparison of the Cubs & Sox in Chicago March 6- Cara McDaniel, Kenyon College, A Study of Hours Worked in the OECD Countries March 27- Russell Cooper, University of Texas, Macroeconomics April 17- Scott Cunningham, Baylor, The Internet and Prostitution May 1- TJ Brooks, UWL, In Da Club: An Econometric Analysis of Strip Club Patrons Fall 08 FINANCE DEPARTMENT Gordon Spellman Fund Through a generous alumnus donation, finance students have the opportunity to manage and invest real money! Portfolio Management (FIN 475) and Investment Analysis and Management (FIN 721) students will review and present investments for the Spellman Fund. The students will then interact with a committee of UWL alumni that are successful investment professionals to finalize the funds selections. Ameriprise Financial, CVS, and Northrop Grumman were chosen by the CBA Investment Advisory Committee based on student presentations in December 2007. Class Scheduling Information January Term Corporation Finance (FIN 370) and Principles of Financial Management (FIN 355) will be offered during January 2009. The courses will run from January 5 through January 23 with a break on Martin Luther King Day (January 19th). Please consult the online schedule for course times. All course offerings are contingent on enrollments. For more information about these courses, contact Dr. Wolf (785-6654) or stop by the Finance Department. Spring Term Electives A variety of Finance elective courses will be offered during the Spring 2009 semester. From Group I of the Finance major, students may enroll in Advanced Financial Analysis, Management of Financial Institutions, Multinational Financial Management and Investment Analysis and Portfolio Management. Advanced Financial Analysis (FIN 400) offers the 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 5 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 this course is open to undergraduate and graduate students, but only by consent of the department. Please talk with Drs. Krueger or Wolf if you have any questions. Management of Financial Institutions (FIN 410) provides students 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. Multinational Financial Management (FIN 440) is required of only 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 completion of Principles of Financial Management (FIN 355). Investment Analysis and Portfolio Management (FIN 475) 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. Students enrolled in Portfolio Management manage the studentdirected Spellman Portfolio. The only prerequisite for this course is completion of Principles of Investments (FIN 380). From Group II of the elective categories within the Finance major, Real Estate Principles (FIN 456) will be offered this spring. The real estate course will be an informative survey of real estate principles and practices, which also includes both the valuation and financing of real estate purchases. Guest speakers will include experts from the local real estate community. Field trips are also scheduled, to provide students with real world exposure to the issues that arise when buying, selling, and financing real property. The only prerequisite for this course is completion of FIN 355. The department will offer several sections of Personal Finance (FIN 207) in the spring. This course is a survey of personal financial topics including for example: budgeting, investing, and retirement planning. Guest speakers will CBA Newsletter include local experts in financial planning, insurance and other related professions. The course is open to all colleges with no prerequisites. 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 400). Three Scholarship winners receive goods and services valued at more than $2,000, including: a. A $250 reduction in their spring tuition bills. b. Prepayment of CFA program registration and examination fees ($1078). c. Schweser Study Notes and required readings ($881). To apply, please submit a transcript, resume, and a one-page essay indicating future employment goals and how attainment of the CFA designation will help you fulfill those goals to Dr. Wolf by October 24. Summer School Offerings The Department of Finance plans to offer Principles of Financial Management (FIN 355) and Principles of Investments (FIN 380) 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 Please welcome Deanna Wachter as the new Academic Department Associate in the Accountancy and Finance Departments. Deanna has been at UW-L for 7 years serving in Financial Aid, Student Health Center and, most recently, in Disability Resource Services. Deanna’s office is 404 Wimberly Hall. Also, please welcome Ms. Diana Tempski. As the number of finance majors has dramatically increased to almost 400, Ms. Tempski has allowed the department to increase course offerings by supporting Personal Finance (FIN 207) and Principles of Financial Management (FIN 355). She received her undergraduate and MBA degrees Fall 08 from UW-L and additionally brings a rich vocational experience including substantial responsibilities with Wells Fargo and Ashley Furniture. Dr. Krueger published, ‘Corporate Reputation and Investment Value,’ in the Journal of Contemporary Business Issues and Dr. Wolf published, ‘Some Evidence on Optimal Hedging and Futures Expiration Choice,” in Bank Accounting and Finance. Further, Dr. Krueger published the Instructor’s Manual and Study Guide to accompany Principles of Managerial Finance as well as powerpoint slides to accompany Portfolio Construction, Management and Protection, the text for Portfolio Management (FIN 475). Dr. Graham continues as the Vice President of Finance for the Academy of Financial Services, while, Dr. Krueger serves as the Associate Editor of the Journal of the Academy of Finance and the Editor of the Proceedings of the Academy of Finance. Additionally, Drs. Graham, Krueger and Wolf will attend several regional conferences interviewing applicants for two open finance positions. Dr. Wolf is the chair of the recruiting committee. Dr. Wolf also 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 Advantage Credit Union. Last summer, she attended training seminars at the National Credit Union Conference in Las Vegas. Dr. Van Dalsem serves as the advisor for the Financial Management Association student chapter. Please note opportunities for involvement with the FMA student chapter elsewhere in the newsletter. Advising and Registration Advising SNAP reports will be emailed to finance majors around the beginning of November. Additionally, you will receive an email from the Finance Department including pertinent advising and course scheduling information. After receiving the department email, you may sign up for an advising time on the schedules posted in the hallway outside the Finance Department offices. Be sure to bring your SNAP report with you to the advising session. Tutors & Other Assistance If you need a little help to understand your latest finance assignment or lecture, we urge you to visit our tutor, Brandon 6 Barlow, located in 406E Wimberly Hall. Administrative assistance can be obtained from our Academic Department Assistant, Ms. Deanna Wachter, whose office is in 404 Wimberly Hall. Information Systems Department Personnel Change and Faculty Recruitment In April 2008, the IS department successfully filled a faculty position. Dr. Peter Haried was hired to replace the retired professor, Dr. William Wehrs. Dr. Haried graduated from UW-Milwaukee in December 2007, and also holds a MBA degree from UW-La Crosse. Prior to joining us, he taught for one year at the State University of New York at Oneonta. We also started the recruitment for the position in data communications in June 2008. Dr. Wen attended the 2008 AMCIS in Toronto in August to interview 30 candidates. As of this writing, there are more than 40 applicants in our candidate pool. We will close application on November 28th, 2008, and start the screening process. If everything goes as planned, we expect to fill this position by the end of March, 2009. J-Term Course Offering The IS Department will offer one section of I-S 220 during the winter break this year. Dr. Brian Yang is schedule to teach this class which provides up to 32 seats. Spring Course Offerings Due to severe faculty turn-over the Department has been experiencing recently, three adjunct instructors who are IT managers have been employed to help two IS faculty deliver the 8 sections of I-S 220 this semester. This CBA core course has been re-evaluated and restructured in light of the advancement of technology and emerging industry trends. A more contemporary focus and flexible format were adopted for all sections offered this semester. We will review the success of this course revision and determine if further modernization will be necessary next semester. However, due to faculty shortage, we will be able to offer only 7 sections of I-S 220 in the spring semester. Students who are unable to enroll in the course are advised to take it during the J-term. CBA Newsletter For the coming spring semester, Dr. Wen will teach one section of I-S 300 and also the BUS 755 course for the MBA program. Dr. Haried will offer one section each of I-S 220, I-S 310, and I-S 411, whereas Dr. Yang will offer 3 sections of I-S 220. No upper-division IS elective courses are scheduled for next spring; 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. Fall 08 Absorptive Capacity and Knowledge Management Capability,” The Seventh International Conference on Korean Management Information, June 13, 2008, Seoul, Korea “The Cognitive Backbone of Advice Giving and Taking: A Proposal.” Proceedings of the 2008 International Academy of Management and Business (IAMB) Conference. “Finding Critical Success Factors of Ubiquitous Supply Chain Management,” The 12th Pacific Asia Conference on Information Systems, July 3-7, 2008, Suzhou, China “The Distributed Cognition Approach: Getting the Framework.” 2008 Conference Proceedings of the International Academy of Business and Economics (IABE), with E. Bardone. MANAGEMENT DEPARTMENT New International MBA Program in Taiwan Dr. Wen continues to contribute to the development of CBA’s second 1+1 joint MBA program with a Taiwanese national university: National Kaohsiung First University of Science and Technology (NKFUST). A delegation from NKFUST consisting of its vice president, the chair of the information management department, and ten students visited UWL during late September. The program agreement was signed by the NKFUST during this visit, but UW-L’s signature is still pending our new provost’s decision. Many NKFUST students with full admission qualifications for the joint program have been waiting to join the program. The Management Department welcomes our new ADA, Lori Komarek, who started in June, 2008. We are excited to have someone with the wealth of experience and talent to take over such a challenging position. She comes from another department in the college of business and brings with her a wonderful disposition, a tremendous amount of experience and a networking ability that will prove to be valuable assets in the Management Department. Welcome Lori, we are happy you are with us! Faculty Research Output Publications Dr. Yang has had papers published in various refereed journals. “Human Decision-Making Behavior and Modeling Effects,” Decision Support Systems, 45(3), 2008, p517-527 “Strategy for Third Party Logistics Systems: A Case Analysis Using the Blue Ocean Strategy,” OMEGA, 36 (4), 2008, p522-534. It ranks 7th in the top 25 downloads in Apr-Jun 2008 Decision Sciences disciplines and ranks 3rd in the top 25 downloads in the Apr-Jun 2008 OMEGA journal. “An Empirical Study on the Unified Framework of e-CRM in Internet Shopping: Evaluating the Relationship between Perceived Value, Satisfaction and Trust,” Journal of Electronic Commerce in Organizations, 6(3), 2008, p1-19 Dr. Yang has also presented at the following conferences: “An Empirical Investigation of Mediation Effects between Information Communication Technology Implementation and Firm Performance: Role of Knowledge Dr. Betton: Published the following articles: "The Global Context of Human Rights Violations: The Impact of the Alien Tort Claims Act was published", was published in Volume 3 no 3 (2008) of the Journal of Business Systems, Governance and Ethics. He also was coauthor of the creative work "Curtains" published in Critical Perspectives in Accounting. Dr. Secchi: Published the following articles: “Utilitarian, Managerial, and Relational Theories of Corporate Social Responsibility.” International Journal of Management Reviews, 9(4): 347-373, 2007. “A Theory of Docile Society: The Role of Altruism in Human Behavior.” Journal of the Academy of Business and Economics, VII(2): 146-160, 2007. 7 Dr. Ross published the following article: “Privacy, Trust, and Justice Considerations for Location-Based Mobile Telecommunication Services”, Info, Vol. 10, No. 4, pp. 30-45, with J. V. Chen and S. F. Huang. Dr. Keaton is completing work on a revised test bank for Bohlander and Snell’s HR Management test bank, and is writing a chapter for a new international management text on “Perception”. Dr. Stapleton published the following article: "Measuring Large Retail Performance using the Strategic Profit Model," in AIMS (Association of Indian Management Scholars) International Journal of Management, with Selvarasu Appasamy, Sardar Vallabhbhai Patel Institute of Textile Management, (Autonomous, Govt. of India, Min. of Textiles). Presentations Dr. Betton presented a paper on "The Principles of Responsible Management Education; Responsible to whom and for what?" at the 3rd International Conference on Corporate Social Responsibility in Berlin, Germany October 8-10th 2008. Dr. Betton was also invited to the UN Global Compact U.S. Network's first conference of 2008, that took place on April 28, 2008 at the Harvard Business School in Boston. The meeting focused on the topic of "Business and Human Rights", in recognition of the 60th anniversary of the Universal Declaration of Human Rights. Dr. Secchi presented “The Cognitive Side of Social Responsibility.” at the IESE International Symposium on Business, Ethics and Society in Barcelona, May 2008. It was selected as 'best paper' and submitted to the Journal of Business Ethics for publication in a special issue. Dr. Secchi, and Bardone E. presented “Super-docility in Organizations: An Evolutionary Model.” At the Academy of CBA Newsletter Fall 08 Management Annual Meeting Philadelphia (USA), August 2007. Dr Secchi won a very prestigious 2008 Outstanding Reviewer Award from the OB Division of the Academy of Management; 86 out of 1079 reviewers received the award this year. Dr. Secchi invites you to read some of his papers. Go visit his webpage!! http://www.uwlax.edu/faculty/secchi/dswe b/Homepage.html Dr. Ross and Dr. Keaton co-authored a paper on what HR can do to safeguard electronic privacy to be presented in November, 2008, at the Association for Global Business in Newport Beach, California. Certified Global Business Professional Deborah Carpenter attended the NASBITE Certified Global Professional Series in May 2008. Sat for and passed the exam June 2008, and was awarded the Certified Global Business Professional (CGBP) designation. The CGBP designation demonstrates an individual’s ability to conduct global business including Global Business Management, Global Marketing, Supply Chain Management, and Trade Finance. MARKETING DEPARTMENT Personnel News Mr. Joe Chilsen, Instructional Academic Staff member of the Marketing Department, was promoted to the rank of Senior Lecturer this past year. Mr. Chilsen, who is in his 15th year at UWL, holds a B.S. from Viterbo University and an MBA from UWL. In addition to his teaching responsibilities, Mr. Chilsen also continues to serve as a Lead Counselor for the Business Development Center. Please congratulate Mr. Chilsen if you see him! Mr. Chilsen was also recognized by the Sigma Tau Gamma organization this past summer. As the Faculty Advisor to the UWL chapter Mr. Chilsen received the “Professor Grubbs Advisor Award” for 2008. Dr. Stephen Brokaw was an invited speaker at the “Urban Marketing” conference in Merida, Yucatan in early May. This conference, organized by the University marketing group in Merida, hosted over 1200 students from 5 states in Mexico. Dr. Brokaw was the Keynote speaker on the first evening of the conference. Welcome Other The Department of Management has agreed to pursue becoming signatories to the principles of Responsible Management Education as a follow up to signing on as a stakeholder of the U.N. Global Compact. This aligns the Management Department with a number of prestigious universities who are also members. This Global Compact is also endorsed by the AACSB –International accreditation organization of the College of Business. SMALL BUSINESS DEVELOPMENT CENTER The Marketing Department is pleased to welcome a new member this year. Dr. Maggie McDermott comes to UWL with a Ph.D. from the University of Minnesota. Her background is in Marketing, Communications, and Business Education and Lean Processes in Education. Dr. McDermott will be teaching both Marketing Principles and Industrial Marketing for us this year. Her office is in the Marketing office area on the third floor of CWH. Feel free to stop in and welcome her to UWL. Course Offerings The Small Business Development Center located (SBDC) in 120 Wimberly Hall provides business advising services, business education programs, and information resources for entrepreneurs and small business owners throughout the 7 Rivers Region. The majority of our clients consult with our business advisors when working through a new product development process or some form of innovation. Our typical client comes from the business community. However, we would like to gauge the interest in entrepreneurship among UW-L undergraduate and graduate students as well as faculty members. The data collected will help us determine if a specialized SBDC service offering for students and faculty would be a good value. Please go to www.uwlax.edu/sbdc/survey.htm and complete our quick four question survey. Thank you in advance for your help and interest. STUDENT ORGANIZATIONS AMERICAN MARKETING ASSOCIATION Marketing will be offering MKT-444, Sports Marketing, during the Spring Term 2009. Mr. Joe Chilsen will be the instructor. We will also be offering MKT-309 in JTerm 2009, and again in the first session of Summer 2009. The J-term offering is scheduled for M-F from 9:00 am to 12:00 noon. Specifics on summer will be available later in the Spring Term. 8 The American Marketing Association (AMA) is off to a fast start this semester. We have already had three speakers including Career Services and UWL marketing alum. We will continue our largest fundraiser, Campus Cakes, where we deliver birthday cakes to students in CBA Newsletter the residence halls. A Halloween theme bowling night is also planned to show off the group’s bowling skills along with their creativity of costumes. There are also plans to collect food for the Hunger Task Force in November along with bell ringing in December. AMA is open to all majors or any students interested in Marketing, don’t miss this great opportunity! Meetings are held every Wednesday at 5:30 in 332 Cartwright. If you are interested in learning more about AMA visit our website www.uwlax.edu/ama, check us out on Facebook or MyORGS or email amarketa@uwlax.edu. Fall 08 The induction ceremony was held on May th 8 , and featured a keynote address from Ms. Joan Curran, Executive Director of External Affairs for Gundersen Lutheran th Medical Center. This was the 24 anniversary for the La Crosse chapter. Dr. Tom Krueger is the faculty advisor and President of the UW-L chapter. Inquiries may be directed to him at krueger.thom@uwlax.edu DELTA SIGMA PI BETA GAMMA SIGMA Beta Gamma Sigma is the international honor society for students in business programs at schools accredited by AACSB-International. Students must be in the top 10% of their senior class, top 7% of second semester junior class, and top 20% of masters class to be invited to membership. In recognition of their outstanding scholastic records, the following students were elected to membership in the UWLa Crosse chapter of Beta Gamma Sigma in May 2008. Brandon Barlow Han T. Bui Michelle Cody Trang Dang John De Goey Matthew Durtsche Harnchai Eng-Uthaiwat Jennifer Fulford Desiree Hall Alison Johnston Caitlin Koons Lisa Krueger Andrew Lasecki Ian Lockwood Johanna Logan Brandon Londo Karen Lyga Petrit Malaj Melissa Palmer Joshua Pike Jacqueline Rinzel Derek Salzwedel Paul Sanders Michael Tolvstad Mike Trudeau Brandon Wagner FINANCIAL MANAGEMENT MANAGEMENT ASSOCIATION Delta Sigma Pi (DSP) is a professional business fraternity that will not only help you gain experience in the business world, but will also help you meet great people and make unforgettable memories. As a member of Delta Sigma Pi, you will gain professionalism, personality, and experience that will aid you in your pursuit of a career in the business world. Employers will associate your membership with these great qualities and many more. This co-ed fraternity was founded in 1907; it is nationally recognized, with more than 250 chapters and over 200,000 members. The UW-La Crosse chapter consists of 86 active members as well as 24 pledges this semester. It is currently one of the largest chapters in the nation! The fraternity is involved through community service and professional and social events. This semester’s community service activities include Adopt-aHighway, volunteering at the Children’s Museum, and helping with the celebration of Halloween at the YMCA. Each semester, the fraternity hosts “Prep for Success,” brings in professional speakers who discuss a variety of relevant business topics, and provides the opportunity to attend regional and provincial conferences that assist in the development of its members. Along with great networking opportunities, becoming a member of Delta Sigma Pi is the best investment you can make in your college career. If you would like more information about DSP and becoming a member, visit www.uwlax.edu/dsp/. 9 The Financial Management Association is an organization which promotes knowledge and exploration of careers in Finance and Economics. FMA is open to all business students. FMA provides many different options of careers provided by involvement with some of the top industry leaders in the world today. Each semester, FMA has three speakers from different companies come in and educate students about their position and the companies they work for. The students can then learn first hand the dynamics of the financial and economic fields of work. FMA members put on presentations to the students in the UWL-100 classes about the basic principles of finance. This is a great way for members to share their knowledge with other individuals. Wednesday, October 8, 5:30 p.m.: Brittany Erickson from Northwestern Mutual Financial Network & The Bohannon Group Wednesday, October 15, 3:00 p.m.: Financial Career and Networking Night Wednesday, November 5, 5:30 p.m.: Business professional speaker Wednesday, December 3, 5:30 p.m.: Business professional speaker This semester the meetings are at 5:30 p.m. and we hope to see you there. Look for posters, emails, and announcement in classrooms for reminders of times and speakers. We look forward to an enjoyable and productive semester. If you have any questions, feel free to Desiree Hall at hall.desi@students.uwlax.edu. CBA Newsletter Fall 08 STUDENT ADVISORY COUNCIL The College of Business AdministrationStudent Advisory Council (SAC) serves as a communication link among students, faculty, and the Dean of the College of Business. The members voice the students’ concerns and act on them as representatives of the various organizations, fraternities, and departments within the College of Business. The goal of the SAC is to undertake projects on behalf of the CBA and its students by making recommendations on various issues to the Dean. Students will get the most out of their education by networking with professors and faculty, learn more about the CBA as well as gain important leadership skills. Previously, members have re-written bylaws and CBA objectives, made suggestions for the new Wimberly “free space” and worked on the Student Evaluation of Instruction (SEI). This year we will continue to tackle ideas for the “free space” as well as promoting our community service project. On November 8th we will be sponsoring a 24-hour food drive and “Box City Sleep-Out” in-order to raise food and money for the Hunger Task Force. CBA ADMINISTRATION Accountancy ................................................................................................. Dr. Barbara Eide Economics ................................................................................................... Dr. Keith Sherony Finance ................................................................................................................ Dr. Rob Wolf Information Systems ................................................................................ Dr. Kuang-Wei Wen Management ..................................................................................................... Dr. Tom Kuffel Marketing ................................................................................................. Dr. Stephan Brokaw Director, Small Business Development Center ................................................. Jan Gallagher Assistant to the Dean ...................................................................................... Amelia Dittman Associate Dean ................................................................................................ Dr. Bruce May Dean ...................................................................................................... Dr. William Colclough SAC meetings are open to all business majors who want to make a difference within the CBA. Our meetings are held most Thursdays during the semester at 5:30 in Cartwright. For more information about meeting times, see the SAC board in Cartwright or Wimberly, or email Andrew.jes2@students.uwlax.edu. 10