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AU BizNews
August 2009 - A Newsletter for Alumni and Friends of the Auburn University College of Business
In This Issue ...
Forbes
MBA program ranked among top 30 by Forbes
A newly released Forbes.com special report has ranked Auburn University's MBA program 29th among the nation's public institutions and 64th overall. The ranking measures the best five-year "return on investment" for MBA graduates of the class of 2004. For this year's survey, Forbes sent out 17,000 questionnaires to graduates of master of business administration programs around the world. To determine the five-year MBA gain, Forbes compared their earnings in their first five years out of business school to costs such as tuition, required fees and foregone compensation. Although the financial payback for all MBA graduates has slowed in recent years, the Auburn MBA continues to be a solid investment. According to the survey results, Auburn grads had an average pre-MBA salary of $33,000. That average rose to $87,000 five years after graduating with their MBA. According to Forbes' calculations, it took them 4.6 years to recover the cost of their graduate education. To read more, see the news release.

Focus on the Faculty

In the News

In the News
Many members of the Auburn University faculty are key sources of information for local, state and national media. Their perspective and expertise on a wide variety of issues have helped reporters and their audiences gain a better understanding of recent stories.

James Barth, Lowder Eminent Scholar in Finance, was interviewed on his new book, "The Rise and Fall of the U.S. Mortgage and Credit Markets," by Bob Brinker for Moneytalk on ABC Radio Network on July 11. The show is syndicated to more than 200 radio stations nationally.

John Jahera was quoted in a recent article regarding the collapse of Ocala-based, Taylor, Bean & Whitaker Mortgage Corp.  The company had been the third largest lender underwriting Federal Housing Administration-insured loans until being banned from doing business with the federal agency because of default rates higher than those of other borrowers.

Awards and Honors
Dan Gropper, David and Meredith Luck Professor and Associate Dean for MBA Programs, was selected as one of three finalists for the associate provost position.

Presentations
James Barth, Lowder Eminent Scholar in Finance and Milken Institute Senior Finance Fellow, presented papers at three conferences this summer:

  • Tsinghua University/Columbia University Workshop in International Economics 2009:  The Global Crisis and Reforms of International Financial Architecture, co-sponsored by the Hong Kong Institute for Monetary Research and European Central Bank (Beijing, China) 

  • Western Economic Association International 84th Annual Conference (Vancouver, Canada)

  • The Asia-Pacific Economic Association Meeting, University of Santa Cruz (Santa Cruz, CA)

Barth can also be seen on  YouTube, as he offers his perspective on recent regulatory reform initiatives and discusses the role of the Federal Reserve as a systemic risk regulator.

Chetan Sankar, Thomas Walter Center Professor (along with P.K. Raju from the Department of Mechanical Engineering) were recently invited to present a workshop to faculty members at the National Institute of Technology, Calicut, India. The workshop is titled "Bringing Real-World Experiences to Classrooms through AU LITEE Case Studies." LITEE is the Laboratory for Innovative Technology and Engineering Education.

Publications
Brian Connelly, assistant professor of management, has received two conditional acceptances:

  • "More than adopters: Competing influences in the interlocking directorate" (with J. Johnson, L. Tihanyi & A. Ellstrand), Forthcoming at Organization Science.
  • "Marching to the beat of different drummers: The influence of institutional owners on competitive actions" (with L. Tihanyi, S.T. Certo & M.A. Hitt), Forthcoming at Academy of Management Journal.

Jeremy Short (Texas Tech) has published the first-ever graphic novel textbook on management, entitled “Atlas Black: Managing to Succeed."  The book was co-authored with Talya Bauer, the Cameron Professor of Management at Portland State University, and Dave Ketchen, the Lowder Eminent Scholar in Entrepreneurship at Auburn University.  Both Bauer and Ketchen have previous experience co-authoring traditional textbooks on management topics and all three co-authors serve as editor or associate editor at academic journals such as the Academy of Management Journal and the Journal of Management.

Get Connected!

Social Networks

Did you know that the Auburn
University College of Business has established groups on three professional and social networking sites? Look for us at any of the following:

Facebook
-
If you are already a member of Facebook, search for the Auburn University College of Business Alumni group. If you are not a member of Facebook, you can set up a profile here.
LinkedIn - If you are already a member of LinkedIn, search for the Auburn College of Business Alumni group. If you are not a member, visit http://www.linkedin.com/ to join.
Tiger2Tiger - Access to Auburn Tiger2Tiger is restricted to Auburn University alumni. If you are already a member, search for the Auburn College of Business Alumni group. If not, click here to verify your status and set up an account.

Also, we want to keep you connected to all the wonderful things happening in the College of Business. If you have moved or changed jobs recently, please take a minute to Update Your Record.

Student News

Business Building

Kelly Long represented the College of Business as its Graduation Marshal for the summer 2009 commencement.  Kelly was a double major in finance and Spanish and begins law school at Tulane University (New Orleans, LA) in the fall.

 The College of Business had six students named to the 2009 SEC Freshmen Academic Honor Roll.  To be named to the Honor Roll, a student-athlete must (1) have a cumulative GPA of 3.00 or above at the nominating institution; (2) be on scholarship or a letter winner; (3) have completed 24 semester hours of non-remedial credit at the nominating institution; and (4) have been a member of the varsity team for the sport’s entire NCAA Championship segment.  The 2009 SEC Freshmen Academic Honor Roll is based on grades from the 2008-09 academic calendar.  Congratulations to the following College of Business honorees:

Equestrian
Rachel Cooper

Men’s Golf
William Zickler

Women’s Golf
Madison Overbey

Men’s Swimming
Adam Godzinski

Men’s Tennis
Aleksandar Stamchev

Men’s Track
Julian Matthews

Upcoming Events

The Lowder Visiting Executive-in-Residence Program has announced its schedule for the month of September 2009:

Tuesday, September 8

William Stephen Allen
Group Senior Vice President
A.P. Moller-Maersk

Thursday, September 17
Ron Sanders
Ronald James Sanders
President
Warner Home Video, Inc.

While on campus, executives speak to a number of undergraduate and graduate classes in the College of Business. If you are interested in attending one of these lectures, please contact Betty Weldon at 334-844-4832 or weldobc@auburn.edu for availability.

AACSB The Auburn University College of Business is accredited at the undergraduate and graduate levels by AACSB International, the highest standard of achievement for business schools.
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