Welcome to the The Eller Times, sharing highlights of news, events, people, and partners of the Eller College of Management.
Fall is off to a great start at the Eller College. Our debut on The Wall Street Journal/Harris Interactive rankings shows that MBA recruiters hold our graduates in high esteem, an indicator that our commitment to experiential learning and quality teaching is making a tangible difference in our students' success.
Faculty in finance and public administration received outstanding honors recently, and the dissertation of one of our finance Ph.D. candidates has earned accolades in competition and funding from the National Science Foundation. With my first UA Homecoming (and the Eller Cup Golf Tournament) just a few weeks away, I can't think of a better way to begin the season.
Communication skills, team abilities, and integrity top wish list for MBA recruiters.
Outstanding faculty. Excellent communication skills among graduates. Real-world experience. These are just a few of the 20 factors recruiters looked for in naming their top schools for the annual rankings survey by The Wall Street Journal/Harris Interactive.
In September, those factors secured the Eller MBA program the #24 spot in its category. The Wall Street Journal/Harris Interactive rankings exclusively measure a school's appeal to MBA recruiters and divides programs nationwide into three categories — National, Regional, and International.
The Eller College competes in the "Regional" category (public and private universities that attract recruiters from their geographic area), with rankings based on:
The survey also confirms that recruiters' priorities remain the same as in past years. "Overwhelmingly, they still say they care most about interpersonal and communication skills, teamwork orientation, personal ethics and integrity, and analytical and problem-solving abilities," the Journal reports. "Companies are also in pursuit of students who have accumulated plenty of work experience, especially involving leadership and teamwork. And recruiters repeatedly say how weary they are of prima donnas with inflated opinions of their worth in the marketplace."
“Our debut at #24 reflects the relationships that have been built with a savvy community of recruiters who return to hire Eller MBAs year after year. We're pleased that this survey affirms the quality of our students,” commented associate dean and MBA director, Brent Chrite.
Visit The Wall Street Journal Online for more information: http://online.wsj.com/public/article/SB112688234637942950.html.
Every Eller alum knows that early November in Tucson is just shy of earthly paradise, the absolute perfect time for 18 holes with old friends and familiar faces at one of finest golf resorts in the Southwest.
This year the MBA Student Association has put together what will become a Homecoming tradition in years to come, the Eller Cup Golf Tournament on Friday afternoon, November 4. Sign up to play with friends or let us place you in a foursome of alumni and friends of the College. Want to get to know Eller's new dean? When you register for the Cup online, you can also buy raffle tickets to win a round with Paul Portney, who joined the College as dean in July.
Registration is $85 per person for 18 holes, green fees and a cart, so make the start of Homecoming 2005 a hole-in-one:
Learn more online at www.eller.arizona.edu/homecoming/golf.aspx.
Homecoming weekend means two full days of connecting with old friends, networking with new contacts, and reliving some of the best years of your life.
Networking Luncheon: Friday, Noon to 1:30
McGuire Entrepreneurship Program Homecoming Reception
Homecoming Kickoff Celebration Bonfire & Pep Rally
Eller College Tent on the UA Mall
UCLA Bruins vs. Arizona Wildcats
MBA Alumni Weekend
If you'd like to help out with any Homecoming events, please contact Julie Trujillo, assistant director of student and alumni relations: firstname.lastname@example.org.
As a newly elected fellow of the National Academy of Public Administration, Milward joins an elite group of government advisors.
H. Brinton Milward — McClelland Professor of Public Management, associate dean, and founding (1988 – 2000) and current director of the Eller College's School of Public Administration and Policy — was elected a fellow of the National Academy of Public Administration (NAPA) in September, joining an elite group of 550 scholars, officials, and leaders who serve as advisors to domestic and international government leaders.
NAPA, an independent, non-profit corporation, was chartered by Congress in 1967 to provide advice on issues of governance and public management, conducting in-depth research, organizing forums, and providing congressional testimony and executive briefings. A sampling of the Academy's current work includes initiatives related to containing wildfire costs, dealing with HIV/AIDS in Sub-Saharan Africa, shoring up homeland security, and potentially restructuring the National Science Foundation.
"The Eller College is honored that Dr. Milward will represent us in this prestigious, long-standing institution," said Paul Portney, dean of the Eller College. "The worlds of the public sector, nonprofits, and commercial enterprise are converging at an amazing rate — as a College combining leadership education in all of those areas, Dr. Milward will bring a distinct and relevant voice to the Academy's work."
Milward is best known for his research on the "hollow state," the world of privatized public services where private firms and nonprofit agencies deliver taxpayer funded services under contract, often several times removed from the original funding source. His recent article “Dark Networks as Problems” has been widely cited for its application of network analysis to terrorist networks, human trafficking, drug smuggling, and other illegal activities. As a 2005-elected fellow, he joins ranks with national leaders such as Julie L. Gerberding, director of the U.S. Centers for Disease Control and Prevention; Douglas Holtz-Eakin, director of the Congressional Budget Office; and Kenneth P. Moritsugu, deputy surgeon general of the United States.
Finance associate professor Jean Helwege received a three-year appointment as an associate editor of The Review of Financial Studies. Published by Oxford University Press, The Review is a major forum for significant new research in financial economics and is ranked #4 in the Business/Finance category of the Journal Citation Reports published annually by Thomson ISI.
Helwege's own research explores issues of corporate finance and bond pricing. Her recently co-authored article, “Initial Public Offerings in Hot and Cold Markets” (Journal of Financial and Quantitative Analysis, September 2004), debunked the idea that waves of heavy IPO action — hot markets — are driven by the emergence of new companies and new technologies with research showing that the same industries and similar companies are represented in both hot and cold IPO cycles.
Ph.D. candidate George Theocharides wins best dissertation award from Bond Market Association and funding from the National Science Foundation.
George Theocharides, 2006 Ph.D. Job Market Candidate, won best dissertation and $5,000 in the Fixed Income research category of the 2005 Bond Market Association/Financial Management Association (BMA/FMA) competition.
His winning paper, "Contagion: Evidence from the Bond Market," takes an original approach — using data from U.S. Treasury and corporate bonds — to examining the financial fallout that typically follows major world crises such as the collapse of the Mexican peso in 1994, the burst of the Internet bubble in the late 90s, or the terrorist attacks of September 11, 2001.
The research also recently earned Theocharides a $12,500 grant from the National Science Foundation, money he channeled into technology infrastructure for processing the data his study involves.
Theocharides is conducting the project under the advisement of associate finance professor Jean Helwege.
It's meant to be good advice, and we've all heard it: It doesn't matter what anyone else thinks. But those comforting words don't hold up in the world of social science. In fact, there's a ton of research indicating that in some cases, it matters very much what others think.
Take, for example, research by Eller College management and policy professor Miguel Quiñones. In "Expectations of Obese Trainees: How Stigmatized Trainee Characteristics Influence Training Effectiveness," Quiñones and co-authors Jenessa Shapiro of Arizona State University and Eden King of Rice University explored what happens when trainers interact with stigmatized people — people of color, religious minorities or, as in the case of their study, people significantly overweight.
The researchers paired subjects who believed they were interacting over distance, communicating via headsets and software. One subject was assigned the task of training the other in a computer-simulated Naval Air Defense exercise in which participants have one minute to evaluate the threat of oncoming targets and decide on an appropriate action. Both trainers and trainees answered questions at various points before, during, and after the exercise, sharing their expectations and feelings about the training and their assigned partner.
But here's the twist: Before the task, trainers were given photographs of their assigned trainee. The photos were actually of a model not participating in the study. In some photos, she appeared naturally, at a normal weight. In others, she wore a professionally constructed obesity prosthesis, creating the illusion that she was obese.
The study showed that when trainers believed their trainees were obese, they expected less training success, lower trainee performance, and lower trainee work ethic. Trainers also evaluated the training more negatively when the trainee was obese, and researchers found — consistent with earlier studies on the self-fulfilling prophecy phenomenon — that when those trainers were inflexible about their expectations of low performance, their trainees' performance did suffer.
The study's findings — currently in press in the Journal of Applied Psychology — have obvious implications for training in the corporate world. "Organizations often implement training programs in order to 'level the playing field' for all employees," the authors write. "However, it may be the case that this attempt is undercut.... Stigmatized employees who attend training programs in order to gain advancement may actually face discrimination within the training session that can contribute to justifiably negative evaluations."
Building on that idea, the authors suggest much broader implications for any organization employing or interacting with people of diversity, not only in training situations but in interviewing, evaluations, team projects, subordinate-supervisor interactions, customer service, coworker interactions, and more.
"This cycle may provide seemingly justifiable reasons for terminating, demoting, or preventing advancement of diverse individuals within the workforce," the researchers conclude. "Thus, it is critical that researchers and practitioners of organizational psychology explore the potential effects of stereotypes held by leaders in organizational interactions and outcomes."
Mariko’s job has taken her to three continents in five years — Asia, North America, and Europe — all in the name of beauty. Beauty care, that is.
Recently appointed brand manager of Proctor & Gamble’s personal beauty care brands in Holland, Mariko is responsible for managing the Olay line of products as well as Max Factor cosmetics. While her specialty lies in marketing, Mariko leads a multi-functional team with representatives from finance, sales, public relations, customer service, and marketing.
As an Eller MBA student, Mariko studied both marketing and operations management, a pairing that prepared her for success in the consumer products industry where marketing professionals must strategize not only how to position a product and where to advertise, but also how best to deal with issues in manufacturing and costs.
Mariko got her start at P&G by attending the Western MBA Consortium, a now-defunct business school alliance that partnered to bring recruiting firms to Southern California by uniting multiple schools from which to interview MBA students. P&G recruited at the Consortium, specifically looking for talented international MBA students whom they could hire and send to their home country for a couple of years in assistant brand manager positions. Mariko started in her native Japan, working on family care products, then spent a year in Cincinnati working in beauty care before being asked to take a similar assignment in Geneva, Switzerland. Today, two years later, she is in charge of those product lines in the Netherlands.
Leveraging an Eller Education in London
|Leticia Bernal misses the Eller College's high-tech facilities while pursuing her MAIBA in London's lush Regents Park.|
Leticia Bernal has a mind for business. While majoring in business management at the Eller College, she opened Keva, a small smoothie shop. But her business interests had broader horizons, and after graduating, it was time to close shop.
This fall, Leticia began the MA program in international business administration (MAIBA) at Regents Business School, located in the middle of beautiful Regents Park in the heart of London.
Now 5,300 miles away, Leticia finds herself in another world. “Living in London is amazing,” she says. “There are always cultural events going on, museums to explore.” Even so, there are definitely aspects of her undergraduate experience she’s been sorry to leave behind: “I really miss the beautiful sunsets and constant sunshine of Tucson. I also miss the simple conveniences of living in the United States — driving to stores like Target and Walgreens. As far as Eller is concerned, what I miss the most by far are the high-tech facilities.”
Those technologies and Eller’s commitment to excellence gave Leticia a definite leg-up in London. “My Eller education has prepared me for the intense coursework that I am facing in my MAIBA program,” she says. “Many students at Regents Business School are not as well prepared as I am, and it definitely shows.”
As prepared as she may be, it’s a long stretch of hard work between now and graduation in 2007. And though she loves living abroad, Leticia plans to return to the states for work as a compensation and benefits analyst for a U.S.-based international consulting agency.
It’s more than likely she’ll take up the entrepreneurial reins then, as well. “Because I grew up with very entrepreneurial parents, I know that I will always have the desire to go back to that,” she says. “I do have a few ideas that I hope to put into action as soon as I return to the United States.”