FISHER NEWS January 12, 2007
  In this issue

Second-year MBA student named to ESPN Academic All-American football team

Logistics service providers add value to Internet retailers, study shows

Mitte Scholars help Habitat for Humanity build in Romania

Undergrad advisors use instant messenger to connect with students

Finance department ranked 9th for published research

Fisher People: Amanda Brahier




Max M. Fisher College of Business > The Ohio State University Fisher College of Business
Second-year MBA student named to ESPN Academic All-American football team


Fisher second-year MBA student and Ohio State fullback Stan White Jr. is interviewed by a Columbus television crew after being named to ESPN The Magazine's Academic All-American football first team.


Despite the fact Stan White Jr. was a high-achieving undergraduate student who routinely made the dean’s list, his admission to the 3-2 MBA program did meet with some initial skepticism.

He is, after all, a football player. White, now a second-year MBA student majoring in finance, was a starting fullback for the Buckeyes this past season.

“Knowing the rigorous requirements of the MBA program, I was skeptical that Stan could balance the demands of varsity football and the demands of the MBA program,” said David Smith, director of the Graduate Programs Office. “In fact, I doubted that doing both was possible. Stan, however, made a believer out of me, as he has consistently kept his academic commitments and performed as well in the classroom as on the football field.”

With the same fierce dedication that made the Buckeyes one of the nation's top teams this past season, White is excelling in his graduate-level classes with an iron-willed determination. Read More»

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Scholar Spotlight

Logistics service providers add value
to Internet retailers, study shows

A. Michael Knemeyer
A. Michael Knemeyer
A survey of 200 internet sellers found there is still a lack of understanding of the value of logistics service providers (LSPs) in lowering costs and improving revenue, according to an article that appeared in the summer 2006 issue of California Management Review.

A. Michael Knemeyer, an assistant professor of logistics at Fisher and co-author of the article, indicated that most e-commerce firms view the outsourcing of logistics services only from a cost perspective. Many fail to realize that a positive relationship with LSPs can not only help streamline operations and lower costs in shipping process, but they can also improve customer loyalty and help a company expand into new markets.

For example, online retailers can utilize a providerís existing relationships with local delivery carriers to gain access for their products into new markets, said Knemeyer, who co-authored the study with Elliot Rabinovich, assistant professor of supply chain management at Arizona Stateís W.P. Carey School of Business.

“There’s an opportunity to find logistics providers that will open up new business, new consumer markets and new supply relationships that you wouldn’t get access to with your own system or with that of another provider,” Knemeyer said. “Retailers need to examine a potential providers’ relationship network and how they can leverage these networks to cut costs and open up new revenue streams.” Read More »

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Mitte Scholars help Habitat for
Humanity build in Romania


Mitte Scholars Amanda Wente (left) and Nick Strnad (right) take a break from the Habitat for Humanity construction site in Romania.


Amanda Wente realized she was a long way from Columbus after she was handed a chisel and a hammer and told to help transform a remnant of the Communist era in the Romanian countryside.

With rusty shovels, pick axes and a primitive jackhammer at their disposal, Wente along with another Fisher student, Nick Strnad, and a group of students from across the United States labored to change the building into a home for dozen local families.

The students spent 11 days in Romania with 11 other Mitte Scholars participating in a Habitat for Humanity build. The team of students from six different universities was a lead group in the renovation project that would convert a former orphanage and children’s hospital into an apartment building.

Being able to have an impact on other people’s lives so far from home sunk in early for both Fisher students. The Mitte Foundation is a charity dedicated to fighting poverty and promoting education around the world. As part of its mission, the foundation funds scholarships for graduate and undergraduate students at several universities.

“Here we were, some students who barely knew each other, out on the other side of the world and we were going to be renovating an apartment building,” Strnad said. “I remember the rusted-out water-sphere that was nearby. It stood as a symbol of the communist era and we were there helping to transform one little part of the country.”

During their six days on the construction site, the students dug a trench and laid pipe to provide the building with running water. They also demolished walls to expand the apartments and create a second room.

Throughout the building process the students were able to work side-by-side with some of the families that would occupy the apartments.

Before the students donned hard hats, they spent a weekend exploring parts of the county, including the capital city, Bucharest. While in the city they visited a children’s hospital, spent time with infants and donated blankets, toys and medical supplies. They also toured the ski town of Sinaia as well as several castles and a monastery in Transylvania.

When the students were not engaged in their own extreme makeover, they played with the children that lived in a neighboring apartment complex, which was one of the highlights of the trip for Wente.

“It was amazing that we found ways of communicating and interacting when we didn't speak each other's language,” Wente said. “A few of the kids knew Spanish, so that was our main form of communication, but for the most part we somehow got along without talking. I spent all of our breaks playing with the kids if they were outside.”

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Undergrad advisors use instant messenger
to connect with students


Mark Chapman, a graduate assistant in the Undergraduate Advising Office, corresponds with a Fisher student through America Online's Instant Messenger software.


A quick, new service that only requires a click of a mouse now saves students from waiting weeks to ask a simple question about their future.

No appointment is needed with the instant messenger advising service launched by Fisher’s Undergraduate Advising Office. The undergraduate advisors are now available on America Online’s Instant Messenger under the screen name FisherIM120 to quickly answer student questions or provide help with schedules.

An advisor logs on each weekday from 12:30 to 1:30 p.m. and then again from 2:30 to 3:30 p.m. Students can remain anonymous to ask general questions. However, if advisors need to access a student’s record they will ask the students security questions to verify their identity.

Jill O’Donnell, coordinator of Undergraduate Programs and one of the online advisors, said the advisors have fielded queries on financial aid, fulfilling course requirements and curriculum offerings for the coming year.

“Advisor’s appointments are set for 30 minutes and if a student has a general question its silly for them to wait as long as three weeks for an answer,” she said. “We don’t foresee the number of face-to-face appointments declining because of this, but it should help us at the beginning of each quarter and when the scheduling windows open up.”

The program was introduced this past summer on a trial basis. “We chose a quieter quarter to introduce it and help communicate with students since they were not able to come into the office for an appointment,” she said.

Students surveyed during the trial program praised the new feature as a convenient and useful tool. O’Donnell said it also helps the advisors utilize communication outlets that are popular with students.

“We want to communicate with the students the way they communicate with each other,” she said. “It lets them know that we are as current and caught up with technology as they are.”

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Finance department ranked 9th
for published research

Fisher’s Finance Department was ranked ninth nationally for finance research in a study released by the W. P. Carey School of Business at Arizona State University.

The study ranks university finance departments and other institutions by the number of articles published annually by faculty in the top four recognized academic journals of finance: The Journal of Finance, The Journal of Financial Economics, The Journal of Financial and Quantitative Analysis and The Review of Financial Studies. Between 1991 and 2005, Fisher researchers had 88 articles published.

“Clearly our finance group has maintained a consistent record of high impact scholarly output,” said Dean Joe Alutto. “This is a reflection of effective intellectual leadership and the recruitment of outstanding faculty.”


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Fisher People: Amanda Brahier
 
Title: Program Director for the Center for Business Performance Management

Hobbies: Reading, watching movies, baking, traveling and watching college basketball.

FisherLure: "I love getting to work with the wonderful faculty and staff here and getting to meet great students and business leaders from all over the world. I’ve learned how each department plays such a vital role to the whole Fisher experience and I love being able to be a part of something with such a great reputation."


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Calendar of Events

Jan. 16
Sofie Carino of Nestle USA will speak at the Transportation and Logistics Association meeting at 7 p.m. in 209 Schoenbaum Hall. More information is available at www.osutla.com.

Scott Forrest of Equity will discuss real estate career opportunities at the Fisher Real Estate Society meeting from 7:30 to 9 p.m. in 330 Schoenbaum Hall. Dinner will be served at the meeting and more information is available at fisherrsvp.student-hub.com.

Jan. 17
The Information Systems Association will welcome a representative from Cornerstone Jobs at 7:30 p.m. in 215 Schoenbaum Hall. More information is available at www.ohiostateisa.org.

The International Business Club will hold its general meeting from 12:30 to 1:30 p.m. in 265 Gerlach Hall. More information is available at fisherrsvp.student-hub.com.

Gene Smith, director of athletics for Ohio State, will speak as a part of the Graduate Human Resources Association's speaker series from 5 to 6 p.m. in 365 Gerlach Hall. Space is limited and an RSVP is required. More information is available online at fisherrsvp.student-hub.com.

Alpha Kappa Psi will hold an information session at 7:30 p.m. in 305 Schoenbaum Hall. More information is available at www. buckeyeakpsi.com.

Jan. 18
E.J. Thomas,
executive director of Habitat for Humanity of Greater Columbus, will speak as a part of the Cullman Executive Luncheon Series from 12:20 to 1:20 p.m. in 161 Gerlach Hall. More information is available at fisherrsvp.student-hub.com.

The MBA Enterprise Corps will hold an informational session about its international opportunities from 12:30 to 1:30 p.m. in 275 Gerlach Hall. More information is available online at fisherrsvp.student-hub.com.

Jan. 22
Michael Camp
, academic director of the Center for Entrepreneurship, will discuss the basics of writing a business plan for the upcoming Fisher Business Plan competition at the Business Builders Club meeting at 6 p.m. in 285 Gerlach Hall. This is the first of a three-part workshop to prepare for the competition. More information is available at www.businessbuilders club.org.

Jan. 23
Representatives from Nationwide will discuss internal audits and the Sarbanes Oxley Act at the Accounting Association meeting at 7:30 p.m. in 305 Schoenbaum Hall. More information is available at groups.cob.ohio-state.edu/acctassn.

Allan Hinkle, solutions manager and former general manager of the Exel Distribution Center for Goodyear, will speak at the Operations and Logistics Management Association meeting from 12:25 to 1:20 p.m. in 365 Gerlach Hall. More information is available online at fisherrsvp.student-hub.com.

Jan. 24
Laurie Snyder
from Nationwide will speak at the Undergraduate Business Women’s Association meeting from 7:30 to 8:30 p.m. in 220 Schoenbaum Hall. More information is available at ubwa.org.ohio-state.edu.

Feb. 9
The MBA Finance Association is hosting the CFO Summit from 8:30 a.m. to 1:30 p.m. The CFO Summit is the MBA Finance Association’s flagship event, which attracts students, faculty and alumni from the Fisher community, as well as, business leaders from the surrounding Columbus area.

This year’s summit keynote speaker is William Gradison, founding board member of the Public Company Accounting Oversight Board. The event will include a panel on corporate governance moderated by Floyd Norris, chief financial columnist for The New York Times. Several chief financial officers from Columbus-based global companies such as Limited Brands, Ford Motor Co. and YRC Worldwide, will participate as panelists and meet with students in break-out sessions.

News Briefs

Fisher honored
by NBMBAA

Fisher has been selected by the Columbus Chapter of the National Black MBA Association as its education partner of the year.

The selection was made because of Fisher's active participation in the association at the local and national level, recruitment and retention efforts that promote Central Ohio, proven success in developing minority candidates for the corporate or entrepreneurial business arena, membership as well as sponsorship and engagement in the success of the NBMBAA organization.

Proposals for business language research
grants sought

Language faculty and doctoral students are invited to compete for the first CIBER Business Language Research Grants. Proposals for the $2,500 grants should focus on incorporating aspects of business language and culture into research projects.

Proposals should be up to five pages in length and outline the topic or discussion point to be studied, the intended methodology, expected implications to research and practice and the time frame for the study.

For more information, please contact Melanie Caugherty or submit proposals to caugherty.2@osu.edu.

Undergrad honors programs applications accepted until Feb. 9
The application for the Business Administration Honors Cohort and Contract programs is now available online.

The Business Administration Honors Cohort and Contract programs provide enriched academic experiences for students and the opportunity to graduate with honors in Business Administration. Students may apply for admission if they have at least a 3.50 grade point average and have earned 90 hours by next autumn quarter. Students must be admitted to the business major program no later than spring quarter.

Applicants will be chosen based on academic excellence, leadership, extracurricular activities, work experience and essays. Submit completed applications to 120 Schoenbaum Hall by 5 p.m. on Feb. 9. For more information or schedule an appointment call 292-2715.

News Briefs

Rene Stulz, professor of finance, was quoted in the Dec. 15 edition of the New York Times on his research regarding the value of foreign corporations listing in United States compared to companies that list only in their own country.

Stulz told the columnist that premium valuation of foreign firms listing in the U.S. would disappear if the companies could enter and exit American markets as they please.

Anthony Sanders, professor of finance, was quoted in the Dec. 16 edition of The Economist on the increase of foreclosures and late payments on mortgages.

Sanders said the increase shouldn’t be surprising because the mortgage market is currently flat.

Oded Shenkar, professor of management and human resources, was quoted in the Dec. 16 edition of the Los Angeles Times about remarks made by Federal Reserve Chairman Ben Bernanke after talks with Chinese officials.

Shenkar said Bernanake’s remarks could carry political and legal implications.



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