SOM Reaching Higher Magazine
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Binghamton SCHOOL OF MANAGEMENT UNIVERSITY MAGAZINE Reaching FALL 2015 Higher CLUBS help students emerge as LEADERS MBA students Q&A with four Accounting professor explore Chile alumni executives has advice for Fed FROM THE DEAN BY THE NUMBERS No. No. No. No. No. Binghamton’s4 PayScale14 puts Binghamton Binghamton14 The23 School of 10The School of School of at No. 14 among the top 25 ranks as the 14th Management ranks Management is Management ranks business schools ranked on best graduate 23rd among public No. 10 in a list university for No. 4 for return on “return” — how much more undergraduate of the top 10 investment among graduates earn over 20 years accounting accounting business schools and undergraduate compared to high school grads, professionals. schools on the 54th nationwide. business schools. minus the cost of school. The –LinkedIn East Coast. –Bloomberg –Bloomberg 20-year net ROI is $636,900. –Common-form.com Businessweek Businessweek –Forbes Mentors enhance student success his is an exciting time of the year as we more than 350 students are expected to partici- get ready to welcome an outstanding class pate in the Mentoring and Networking Event Tof freshmen and transfer students. At during Homecoming weekend, Oct. 9–11. Binghamton, we begin the process of experiential The event will be Saturday, Oct. 10, and it is learning and networking before students not too late for alumni to join in and meet with arrive on campus by inviting them to students. Details are available at homecoming. participate in the Dean’s Case Challenge. binghamton.edu. This edition of Reaching Higher focuses Alumni also host students at their offices during on how this experience and other case New York City visits in January and May each competitions conducted by School of year. We are currently scheduling visits beginning Management organizations prepare the week of Jan. 11, 2016. If you would like to host students for the real world. students, or if you have internship and employ- The School of Management is unique ment opportunities, contact Carolyn Schapiro at among Binghamton’s schools because [email protected]. we connect our incoming students I hope you feel a tremendous sense of pride as with outstanding juniors and seniors you see the school continue to receive accolades to promote professional development in a variety of rankings. This was also a record- and networking. Each incoming student breaking year for fundraising for the School of is assigned a mentor, and our student Management, thanks to your investments in the organizations and clubs are committed school. We continue to look to you for support as to developing skills and preparing students for the we strive to reach even higher. job-search process while recognizing that each profession has a different focus. For example, Regards, consulting concentrates on case interviews while finance requires current events and experience in valuation and stock pitches. Alumni engagement and mentoring is another important element in the development and place- Upinder S. Dhillon ment of our students. As many as 70 alumni and Dean and Koffman Scholar COHEN JONATHAN REACHING HIGHER Volume 6 SCHOOL OF MANAGEMENT FALL 2015 Contents DEAN Upinder Dhillon ASSOCIATE DEANS George Bobinski Manoj Agarwal 8 REACHING HIGHER EDITOR Diana Bean ART DIRECTOR David Skyrca UNIVERSITY PHOTOGRAPHER & Jonathan Cohen CONTRIBUTING WRITERS 4 12 Katie Ellis Rebecca Kahn Natalie Blando-George Todd McAdam David McKay Wilson COPY EDITORS Katie Ellis Features Departments John Brhel 4 MBA students 2 NEWS BRIEFS On the cover: seize opportunity 18 STUDENTS Delanie Madison is a transfer student who begins her School of Management expands its 20 FACULTY School of Management reach to South America, starting 22 ALUMNI education as a junior this fall. with a visit to Chile. The finance major interned for the school during the 8 Q&A with business leaders Web Extras summer while also working That resident assistant you had for the Macko Group at youtube.com/user/ back in the day? He’s leading a Morgan Stanley. Photo BinghamtonUniversity major corporation. illustration by Jonathan Cohen and David Skyrca. 12 Members of the club Student clubs offer a way to explore careers while polishing What would Optimus Prime do? Assistant Professor Seth professional skills. Spain is co-author of a book that explores leadership abilities of characters from The Transformers. School of Management graduate Lauren Galasso ’12 shares how Binghamton University prepared her for a professional career as an account executive at DigitasLBi in New York City. binghamton.edu/SOM I FALL 2015 1 NEWS BRIEFS New staff ready to help students EY Trajectory Record enrollment means more staff and faculty teaches students have joined the School of Management this year. to assess risk Janine Bautista, MS ’13, is the new assistant director of the School of Management’s Career Services. group of consultants has given As a Binghamton student, Bautista was president Binghamton Bank a plan to manage its technology risks, and its executives of Alpha Kappa Psi, a PwC scholar and winner of A xTAX, xACT and Reeves-Ellington case competitions. couldn’t be happier. After graduating with a degree in accounting, she The executives are members of leadership was employed by PricewaterhouseCoopers in its tax at EY (Ernst & Young). The bank is fictional, project delivery group. although its technology risk scenarios are not. And the consultants are 12 School of Manage- Molly Babcock has joined the School of Manage- ment and Watson School sophomores partici- ment as undergraduate academic advisor after pating in the EY Trajectory Program. having interned with the program. Two teams of six She is currently a Binghamton University graduate spent their spring “I gained a student and expects to complete her master’s in semester learning tech- student affairs administration this year. nology risk-assessment better under- principles from the For a list of new faculty, turn to page 21. standing of ground up. They were what the given a case, conducted research, provided professional deliverables and world entails.” participated in weekly –Janet Chan conference calls with EY professionals who acted as the clients. The program culminated with the teams’ final presentations before a panel of EY leadership in New York City. “The students continue to impress us; they really focus throughout the entire semester on a topic that may not be familiar to them,” says David Kahan ’04, EY senior manager, who, with alumnus Alok Vora ’08, also an EY senior manager, created the program a few years ago. “As a sophomore in college, who knows the first thing about evaluating technology risk assessment programs?” Kahan says. “These are the types of complex topics that the students will be faced with two years out, but they are getting a sneak peek now.” That gets to the root of the EY Trajectory Program’s success. Students are exposed to actual client problems early and in real time. “There are skills that cannot be taught in Perry retires after 30 years a lecture or by reading a textbook. The EY Trajectory taught me how to feel comfortable Brian Perry, MBA ’84, retired at the end of the 2014–15 academic year expressing my ideas in a team and helped me after 30 years as director of undergraduate advising for the School of improve my public speaking skills,” student Management. Friends and colleagues offer him a round of applause at Gary Liku says. “This program is a good an event earlier in the year. emulator of what real-world work is like.” COHEN JONATHAN 2 REACHING HIGHER NEWS BRIEFS An investment in time Binghamton University student Kristen Paczkowski and fellow members of the student organization DECA teach financial literacy to a class of Maine-Endwell Middle School students. DECA prepares emerging leaders in marketing, finance, hospitality and management. PwC leader shares career advice Save the date ccounting students at Binghamton University had an exceptional Oct. 10 Mentoring and Networking Aopportunity to gain insight into potential Event at Homecoming, 9 a.m. to careers when Tim Ryan, vice chairman of 4 p.m. Contact Carolyn Schapiro at PricewaterhouseCoopers (PwC), and his team paid [email protected]. a two-day visit to campus this spring. Ryan, the company’s markets, strategy and Consulting Night, 6 to stakeholders leader, was among six visitors from Oct. 20 PwC that included Binghamton alumni Matthew 9 p.m., Mandela Room, University Singer ’96, assurance alternatives investment Tim Ryan Union. Contact Jacob Groezinger at partner, and Seth Drucker ’06, director of the [email protected]. financial instruments, structured products and real estate group. “Binghamton is a top source of students for PwC. We recruit over 100 Oct. 21 Finance Night, 6 to 9 p.m., students a year from the school,” Singer says. Mandela Room, University Union. As guest lecturer, Ryan talked to students about his path from college Contact Jaclyn Valentine at to career and offered advice, some of it focusing on technology. He [email protected]. impressed upon them that an accounting degree can be even more valuable when augmented by information-systems management skills. Oct. 29 Briloff Lecture by Michael Response from students was enthusiastic, with lots of insightful questions, Kerner ’86, CEO Zurich Insurance says Singer and Lauren Palmer, PwC recruiter for Binghamton. “Students seemed to get it,” Palmer says. “The rooms were packed and they were Group, 3 p.m. on campus. very aware that a leader was taking the time to be there.” “My visit to Binghamton University was fantastic,” Ryan says. “I was Jan. 11–15, 2016 New York City impressed by the caliber of students and the quality of the curriculum at visits. Contact Carolyn Schapiro at the School of Management. It’s a day I won’t forget.” [email protected].