|Fisher team takes first-place in Big Ten
MBA case competition
Fisher’s first-year MBA case team won the 14th annual Big Ten Case Competition held at Fisher April 13-15.
Abigail Glass, Robert Scholl, Michael Sims, and Chris Welter made up the winning team that competed against the 10 other universities that make up the conference. Welter also received the best individual Q&A award. The team was coached by Dan Oglevee and Marc Ankerman. University of Illinois took second place and the University of Minnesota placed third.
"We are proud to host the Big Ten Case Competition,” said Karen Hopper Wruck, associate dean for MBA programs and Dean’s Distinguished Teaching Professor in Finance. “While it is clearly a competition, it is first and foremost a great learning experience and a lot of fun. MBA students from all the Big Ten schools not only compete, but have some time to socialize, exchange experiences and get to know one another."
Co-sponsored by Ford Motor Co., the Big Ten Case Competition is held annually at the Fisher College. All 11 Big Ten Schools entered the competition sending a four-person team of first-year MBAs. The event is a blind competition, teams’ school affiliation are unknown to judges and participants.
Other individual winners were Cody Boyd, Illinois, for best speaker in the final round. First-round winners for best speakers were Boyd; Andrei Cervoneascii of Wisconsin and Mithun Sundar from Northwestern and for best Q&A Fabian Wagner, Purdue; Leo Sharkey, Minnesota and Fisher’s Sims.
The head judge was David Deeds, associate professor, the McCombs School of Business at the University of Texas and academic director for the University of Texas Institute for Innovation and Entrepreneurship.
Judges representing businesses were Jaimie Alexander, principal, Frame360; David Brownstein, chief operation officer, Neulogic Inc.; Jann Buller, principal, Booz Allen Hamilton; Dennis Fisher, founder and entrepreneur, Premier Mortgage Funding of Ohio; Tim Key, vice president of consumer research, North America, the Scotts Miracle-Gro Co.; Vickie King, senior vice president, central region division manager, JPMorgan Chase; Peter Korda, vice president of Service Delivery, the Scotts Miracle-Gro Co.; Steven Weber, director of strategy and planning, enterprise IT risk management and compliance, Cardinal Health; Kenneth Weixel, managing partner, Providers, Life Sciences & Healthcare, Deloitte & Touche LLP.
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Upcoming grads use Career Services
to hit job market jackpot
Joshua Russell (left) and Matt Geiger pour over offer letters and brochures from interested companies.
Forget the classified ads or mining through Internet job sites for hours on end, everything Matt Geiger and Joshua Russell needed to land their first job out of college was already at Fisher.
Geiger, who will graduate in August with a logistics management degree, had to put a premature end to his interviewing schedule late last year when the number of job offers reached seven. Russell, who will graduate in June with a degree in logistics management and finance, used the same method to garner eight offers.
While their education background and experience were in high demand, Geiger said his successful venture into the job market was fostered through Career Services and job fairs on campus.
“Nowhere are we going to have it this easy where you walk to campus and sit across from the interviewer in a suit,” Geiger said. “Everything I needed was here and I’m never going to have that access again.”
Both accepted a consulting position with Accenture in December after receiving overtures from major corporations including: Caterpillar, Cardinal Health, IBM, Capital One, Walgreens, Energizer, JPMorgan and General Mills.
After focusing on 15 prospective employers, Geiger and Russell researched each company and developed conversations specific to each interview. Russell credits the help he received from Fisher Connect to help him overcome mental blocks and jitters.
“I think the job opportunities are out there available for every one. Not just because I’m smart or have a high GPA,” Russell said. “It’s because I practiced interviewing and I was well prepared. I was nervous until I realized they’re (the interviewer) just a person and they’re not there to judge you and put you down.”
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More jobs, bigger salaries and
bonuses greet 2006 MBA class
The job market for MBA students continues to grow, with more job offers and bigger salaries particularly from employers in the consulting, financial services and consumer product industries, according to a new survey released by the MBA Career Services Council (MBA CSC).
The MBA CSC is the professional association for MBA career services professionals and corporate professionals who manage MBA recruiting initiatives. The complete results of the survey are available at www.mbacsc.org.
In the survey of 60 business schools conducted in March, 98 percent of the schools reported a significant increase in recruiting activity during the fall and winter compared to the same time last year.
“As the economy continues to improve, so does MBA recruiting” said Jeff Rice, executive director of Career Services at Fisher and president of the MBA CSC. “The MBA CSC is a tightly-knit professional association and the results of this survey confirm the many exchanges of communication among our members over the past several months indicating the strong return of MBA recruiters to our campuses.”
Of particular note is the robust increase in recruiting by the consulting, financial services, and consumer products industries—three traditional stalwarts of MBA hiring. While schools indicated increased recruiting activity across nearly all industry sectors, those surveyed reported increases in these MBA bellwether recruiting industries at a significantly higher rate than others. The healthcare industry was also having an exceptionally strong recruiting presence on campuses this year, according to survey results.
The survey also indicated that MBA students have received more job offers and bigger salaries over last year. With months remaining before spring graduations, over half of the schools responding reported that more than 50 percent of their students have received at least one job offer and 70 percent reported an increase in base salaries from last year. A majority of schools also projected increases in the number of students receiving signing bonuses. First-year MBA students are also benefiting with 61 percent of schools reporting increased internship recruiting activity.
For international students, prospects for securing employment in the United States remained the same as last year according to a majority of respondents. However, a significant number of schools (42 percent) have seen an increase in the number of employers willing to hire international students for positions outside of the United States.
Fifty-six percent of the schools responding to the survey are public and 53 percent have been ranked in the top 25 business school rankings within the past two years.
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Emerging Market Field Studies classes tour
local and multinational businesses in Brazil
For some college students, spring break means travel, beer and sports. But for a group of MBA students from the Emerging Markets Field Studies class, their perspective on travel, beer and sports had a decidedly more scholarly focus.
A vendor in Sao Paulo (Bahia) sells sandalwood.
The students traveled to Brazil and toured several business operations, including aircraft manufacturer Embraer, Schincariol, a local brewery and Esporte Clube Bahia, a professional soccer team. As part of Venkat Bendapudi’s emerging markets classes, teams of students were immersed in both the technical and business functions of many of the companies during the site visits.
At Embraer, students were able to test aircraft simulation equipment. “We put on special glasses and the presenter let us go through the airplane and experience the training tools used for engineering and maintenance people," said Ko-Chen Shan, one of the trip participants.
In addition to studying and touring multinational corporations with ties to the U.S., students toured local businesses, including a construction company and Schincariol Beer and Beverage. “We chose the Brazilian beer company, because that was more domestically focused,” Shan said.
“Schincariol was a beautiful ending to our company visits. It was most impressive with its high automation and clean environment. Of course, everybody enjoyed the beer tasting, really fresh, straight from the tank.”
Students also toured a Honda manufacturing plant and became the first American school to visit the plant in its 10-year existence. Tours also included the offices of a U.S.-based software company Hyperion Solutions and Sofitel/Accor Hotels. Fisher students met with MBA students from Escola de Administracao de Empresas de Sao Paulo(EAESP), a leading business school in Sao Paulo. The EAESP students took Fisher students to a restaurant that featured one of the country’s culinary specialties, Brazilian-style barbeque. Besides Sao Paulo, students spent two days in Salvador, a city rich with a blend of African and European cultures, Shan said.
Unlike some spring break trips, this particular one included homework. The field study teams are required to present case studies of each visit along with a public presentation to the college in early May.
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Center for Entrepreneurship team
finalist in business plan competition
A team of two Fisher part-time EMBA students and two chemical engineering students was a finalist in the ECOnomics: The Environmental Business Plan Challenge, a national competition for environmentally friendly new technology ventures. The competition was sponsored by General Electric Co. and Dow-Jones, Inc.
The team was comprised of students in Fisher’s technology entrepreneurship and commercialization course taught last fall by Michael Camp, director of the Center for Entrepreneurship. EMBA students Chris Curtin and John Carl Williams teamed with Robin Ng and Burr Zimmerman from the Department of Chemical and Biomolecular Engineering.
The proposed business venture was to produce and market a patented, soybean oil-based PVC plasticizer that is non-toxic, environmentally friendly and made from renewable resources. The soybean oil-based plasticizer is positioned as an alternative to phthalates, which has been blamed for causing health problems. It has been banned by Japan and the European Union for use in medical equipment and toys.
The finalists will be featured in a brief article on Wednesday, April 25 in The Wall Street Journal.
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Cullman Fellowships awarded
Paul Nichols (left) and Carmen Chirita (right) were presented with W. Arthur Cullman MBA Fellowship by W. Arthur Cullman, Jr. (center) at April 20 a luncheon. The awards recognize outstanding performance by marketing majors in their first year of the MBA program. The students received a plaque and a monetary award credited toward their university fees. Faculty participants included Bob Burnkrant, Bob Leone and Rao Unnava.
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Fisher People: Nikki Modlich
Title: Competition and Awards Coordinator for the Center for Entrepreneurship
Hobbies: "I enjoy spending time with my family (four kids and a daughter-in-law) and volunteering at my parish. I also enjoy spending time at Lake Erie with friends and family boating and beaching!"
FisherLure: "What I like about working here at Fisher is the opportunity to work with the dedicated, knowledgeable staff and also the opportunity to work with the sponsors and donors of the Center. I’ve yet to meet someone who hasn’t been willing to help when asked."
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The Fisher 5K run through campus will start at 9 a.m. The cost is $20. Proceeds from the run will go to the Columbus Chapter of the Boys & Girls Club of America. More information is available online at: http://groups.cob.ohio -state.edu/fserv/
Fisher’s top faculty and students will be honored at the annual Pace Setters awards from 4 to 6 p.m. at the Blackwell. A list of this year’s student winners is available at http://fisher.osu.edu/events/ pace-setters
Clayton Christensen, the Robert and Jane Cizik Professor of Business Administration at the Harvard Business School, will make two presentations. He will hold a seminar entitled “Building Theory From Practice” for faculty and doctoral students in 800 Fisher Hall from 2 to 3:15 p.m. and his presentation on presentation is “Managing Innovation in the 21st Century” from 3:30 to 4:30 p.m. in 375 Gerlach Hall is open to faculty, staff, students and members of the local business community.
Harvard associate professor of medicine Dr. Herbert Benson will speak on how to counteract the harmful effects of stress from 11:30 a.m. to 2 p.m. at the Berry Auditorium in Schoenbaum Hall. Annette Franks, certified Gestalt psychotherapist and motivational speaker, will begin the workshop by discussing the realities and responses of a stress-filled life and suggesting creative resolutions at 9:30 a.m. More information is available online at http://fisher.osu.ed u/events/LPD-Series/
Stephen Pratt, CEO Infosys Consulting, will speak at the Sander Flaum Speaker Series from 9 to 10 a.m. in 265 Gerlach Hall. More information is available online at http://fisherrsvp.student-hub.com/
The annual combination of MBA students and Saturday Night Live will produce the latest offering of Fisher Follies from 8 to 10 p.m. at the Fawcett Center. Tickets are $8 in advance or $10 at the door.
Fisher takes second in logistics case competition
Brian Davis, John Hofmeister, Meghan Ignac and Joshua Russell guided the Fisher team to a second place finish behind Miami University in the inaugural TLA Logistics Case Competition held at Fisher. However, they weren't the only students hard at work during the competition that was held April 6-7. Jason Smeak, Mike Kreeger, Tracie Chan, Martin Menninger and other students helped plan and operate the contest that also featured teams from Michigan State, University of West Florida and the University of Arkansas.
Sandver and Klayman tabbed for faculty council
Marcus Sandver, professor of management and human resources, was appointed senator for the Fisher College of Business and Elliot Klayman, associate professor of business law, was selected as the alternate.
Transportation and Logistics major undergoes name change
The undergraduate Transportation and Logistics major has been changed to Logistics Management. The renaming was approved by the University’s Council on Academic Affairs on April 5.
CIBER team takes second at case competition
The Fisher team of James Colacarro, Dimitar Karaivanov, Shyam Karunakaran and Todd Muller finished in second place at the CIBER MBA Case Competition held April 6-7 at the University of Wisconsin. The team was coached by Dan Oglevee. The Fisher team competed against squads from Bocconi University, Italy; Chulalongkorn University, Thailand; Copenhagen Business School; Hong Kong University of Science and Technology.
Career Services internship available
Career Services is accepting applications for a part-time intern to help plan career fairs. The internship is for summer and autumn quarters this year and could continue through next spring quarter.
The responsibilities of the event planning internship include, but are not limited to: provide administrative support to the Fisher Fall Career Fair committee, organize and manage the distribution of employer registration materials, follow-up with registered employers, assist committee members in setting up event facilities and catering, respond to employer inquiries, attend the two-day evening fair in October and assist with set-up and tear down, assist with recording and depositing fee payments. Must be available 10 to 15 hours a week for summer and autumn quarters and be able to start in early June.
To apply send a resume and a cover letter indicating your start date availability by May 12th to Mark Summers at through the FisherConnect system or via e-mail to email@example.com.
Dean Joe Alutto was quoted and paraphrased in the April 7, edition of Columbus Business First on the $26 million proposal to build housing for MBA students. Alutto told the paper that the plan would solve the housing and academic needs for full and part-time MBA students who want campus housing close to classrooms and other students.
Rudiger Fahlenbrach, finance instructor, had his study that discovered companies operated by founder-CEOs outperformed other publicly traded companies mentioned in the April 10 of "Fortune Magazine" and on CNN.com. Fahlenbrach theorized that corporate leaders who started their company simply care more because it is their life’s work.
Bill Raabe, accounting lecturer, was quoted in the April 15 edition of the Los Angeles Times on the effects procrastination can have on tax returns. Raabe told the paper that filers who wait are often more error-prone because they don’t have complete records or know what the issues are.
Oded Shenkar, Ford Motor Co. Chair in Global Business Management, was quoted and paraphrased in the April 18 edition of The Christian Science Monitor on the tension surrounding Chinese President Hu Jintao visit to the White House. Shenkar said smooth relations with the U.S. are vital so the Chinese can succeed with major domestic challenges.