FISHER NEWS March 11, 2005
  In this issue

In Memoriam: Max Fisher 1908-2005

MBA Team Wins Key Bank Interscholastic Case Competition

Peer Advising Program Helps Undergraduates With Transition

Honors Cohort Students Teach Children to Run a City

Diversity on LaSalle Street Program Introduces Students to Chicago Companies

Werner Appointed to Murrer Finance Professorship

New Entrepreneurship Classes for Spring
Max M. Fisher College of Business > The Ohio State University Fisher College of Business
In Memoriam: Max Fisher 1908-2005
Max M. Fisher died on Thursday, March 3 at his home in Franklin, Michigan at age 96. Born to Russian immigrants in Pittsburgh, Fisher grew up in Salem, Ohio, and attended The Ohio State University on a football scholarship. After graduating with a degree in business administration in 1930, he joined his father's oil reclamation business in Detroit. Through hard work, instinct and his legendary bridge-building, he grew the business into one of the largest gas station chains in the Midwest before selling the business in 1959 and investing in a series of stock and real estate deals that made him one of the country's wealthiest men.

In 1993, Fisher's desire to see Ohio State's business college become one of the premier management institutions in the country resulted in a generous gift that spearheaded the building of what is now recognized as one of the finest business school campuses anywhere. In recognition of his $20 million commitment, the college was named the Max M. Fisher College of Business that year. Construction on the six-building complex was completed in 2001.

"He has been a model for those who are committed to making a positive difference in the world around them. While his institutional impact has been remarkable, on a personal level I will miss him as a close advisor and friend," said Joseph Alutto, dean, Fisher College of Business. Click here to read the Max Fisher story.

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Fisher College MBA Team Wins Key Bank Interscholastic Case Competition
A team of minority MBA students won first place at the inaugural Key Bank Interscholastic Case Competition. The students competed with six teams of MBA students from around the nation, including the University of Notre Dame, Ohio Dominican University, and Case Western Reserve University. The team, coached by Marketing Professor Bob Leone, consisted of Dion Charles, Adrian Frederick, Renard Green, and Richard Thomas. Rice University won second place, while the University of Maryland placed third.

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Peer Advising Program Helps Undergraduates With Transition
The first quarter of college can be challenging, as students adapt to increased workload and being far from home. The Fisher College of Business has developed a unique Peer Advising program to help ease the transition. As part of the Business Administration 100 class, a peer advisor serves as another resource to new undergraduate students. Peer advisors teach the survey class in conjunction with an advisor - advocating for the interests, needs and rights of first-year students; mentoring students for academic, co-curricular, and leadership involvement; helping students to adjust and become academically successful; providing basic academic information; making announcements about campus events, student organization meetings, and FYE Success Series Workshops; teaching students how to use the online services webpage; and, holding regular office hours for walk-ins. More

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Honors Cohort Students Teach Children How to Run a City


A group of McGuffey Elementary School students recently got a first-hand look at the joys and challenges of running a city, with College Honors Cohort students showing them the ropes.

In partnership with Junior Achievement, Honors Cohort students from Fisher College recently participated in Junior Achievement’s Exchange City, spending the day mentoring a group of 90 fourth and fifth graders from McGuffey Elementary School.

Exchange City is a day-long simulation for elementary school students that teaches them basic economic and business concepts. Students actually run the city: broadcasting radio, publishing a newspaper, as well as operating the stores, the bank, a post office, and a snack shop. More


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Diversity on LaSalle Street Program Introduces Students to Chicago Companies
Several Fisher College undergraduate students got an up-close-and-personal look at the downtown Chicago financial district as they participated in the Big 10+ program “Diversity on LaSalle Street.”The 12 sophomore and junior students met with employees from a variety of companies including Chicago Trading Company, JP Morgan Chase, LaSalle Bank and Wrigley. Students from all of the Big Ten schools participated, including non-conference schools University of Chicago and Depaul University. “There were representatives from a wide variety of business-oriented companies that took the time out of their busy day to answer questions about their companies,” said Michael Lee, a junior in finance. “It was a great experience to visit many companies that I otherwise would not have had an opportunity to and understand in depth what they do.” More

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Werner Appointed to Murrer Finance Professorship at Fisher College of Business
Ingrid Werner, professor of finance and academic director for PhD programs at Ohio State’s Fisher College of Business, has been named the first recipient of the Martin and Andrew Murrer Professorship of Finance. The endowed professorship recognizes a distinguished professor of finance and will help the finance department attract and retain top talent.

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New Entrepreneurship Classes for Spring
Three new entrepreneurship classes will be offered during spring quarter as part of the proposed entrepreneurship minor. The three new 4-credit hour courses include the following:
  • Entrepreneurial Finance (BUS-FIN 494),which focuses on the significance of assessing the financial needs of startup businesses. It may be used as a finance major option.

  • Innovation & Entrepreneurship in Modern Business (BUS-MHR 494), which focuses on opportunities in personal entrepreneurial strategy.

  • New Venture Creation (BUS-MHR 795.01/.02),which features the risks and uncertainty of new ventures.
For more information about the new courses, students can contact entrepreneurship@cob.osu.edu or click here.


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Calendar of Events

Faculty, Staff & PhD
March 11, 2005
Franco Wong, a professor from the University of Chicago, will present his paper titled, "The Impact of Sarbanes-Oxley on Cross-listed Companies" as part of the Thomas J. Burns Research Colloquium at 8:45 a.m. in 275 Gerlach Hall. Copies of the paper are available in 406 Fisher Hall.

March 11
, 2005
Guenter Hitsch, a professor from the University of Chicago, will speak on "An Empirical Model of Advertising Dynamics" as part of the Marketing and Logistics Research Colloquium at 10:30 a.m. in 500 Fisher Hall.

March 11, 2005
Tobias Moskowitz, associate professor of finance from the University of Chicago, will speak at the Stephen A. Buser Colloquium Series at 10:30 a.m. in 800 Fisher Hall.

March 15, 2005
Xue Wang
, University of Chicago, will present her paper titled, "The Impact of the Corporate Governance Reform Initiatives on Chief Financial Officer Compensation" as part of the Thomas J. Burns Research Colloquium at 8:45 a.m. in 275 Gerlach Hall. Copies of the paper are available in 406 Fisher Hall.



News Briefs

Dean's Leadership Conference
The Dean's Leadership Conference, sponsored by the Pace Setter Board and Dean Joseph Alutto, will take place at 7:30 a.m. Saturday, May 14 at The Blackwell. Applications for the event are due by April 1.

Undergraduate student leaders will have the opportunity to network with important business professionals from major corporations throughout Ohio and will also have the chance to work on developing their corporate leadership skills. Jerry Jurgensen, CEO of Nationwide, will give the conference's keynote address. To resister and find out more information about the conference, click here.

Delta Sigma Pi Meeting Scheduled
Delta Sigma Pi, a coed professional business fraternity, will have its spring quarter “Meet the Chapter” events at 7:30 p.m. on Tuesday, March 29 at 305 Schoenbaum Hall and 7:30 p.m. on Thursday, March 31 at 330 Schoenbaum Hall. The organization provides networking, leadership and public speaking activities as well as involvement with service projects, social events and fundraising. Students also get a chance to visit companies and listen to professional speakers. For more information, contact Laura Mauro at mauro.15@osu.edu or click here.

Beta Kappa Gamma Book Drive
Beta Kappa Gamma, a Southasian community service fraternity, recently partnered with Room to Read, a literacy group, to hold a campuswide book drive that would benefit the tsunami relief effort. The book drive's focus is on rebuilding the libraries in the areas affected by the tsunami disaster.

To contribute, donate your used textbooks at the end of the quarter. Beta Kappa Gamma is setting up drop boxes at all the campus bookstores, at the Ohio Union, and at several libraries on campus to make the process easier. The drop boxes will be recognized by the Beta Kappa Gamma letters and the Room to Read posters. The fraternity is also accepting financial donations. For more information, contact Suman Vellanki at vellanki.2@osu.edu.

Fisher Real Estate Society Kicks-Off
The Fisher Real Estate Society (FRES) will have its inaugural meeting on Wednesday, March 30 at the Varsity Club between 5 and 6 p.m. FRES aims to educate, encourage and assist students with future careers in the real estate industry as well as provide students with the opportunity to network with other students, faculty, alumni and recruiters. The organization will also have events related to personal investing. For more information, please contact Tim Ng at ng_135@cob.osu.edu.

Bendapudi Addresses IGA Summit
Neeli Bendapudi, associate professor of marketing and academic director of the Initiative for Managing Services, recently spoke at the IGA global summit. The summit took place in Palm Springs, Calif. on Monday, Feb. 28 and Tuesday, March 1.

Highlighting the conference was a historic signing agreement between IGA Chairman Thomas Haggai and Wang Tian, chairman of the Bu Bu Gao Trade Chain Co. in Hunan, China. On hand to witness the signing were Neville Idsell, chairman and CEO, Coca-Cola; Peter H.H. Hung, chairman, Pearl River Distribution; Madam Guo, chair, Chain Store and Franchise Association of China; Ron Marshall, CEO, Nash Finch; and Drayton McLane, Jr., chairman, McLane Group, and chairman, Houston Astros. The summit also included major suppliers such as Richard and Emily Smucker of Smucker's as well as representatives from Kraft, Heinz, Gillette and Con Agra.


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