Commencement Is Coming! What Graduates Need to Know

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The annual CSUF commencement is May 16-17 and will feature both a university-wide ceremony and a college-specific event. 

For students completing their academic programs, next month’s commencement ceremonies cap years of hard work toward a university degree, an achievement that provides personal growth and career opportunities for the future.

While students and guests do not need tickets to attend the university-wide event, guests will need free tickets for the college ceremonies. Commencement tickets are only available through April 24 at 5 p.m. Up to eight tickets per graduate may be ordered online after completing the “Graduate with Titan Pride” tutorial, which provides an overview of commencement activities. A limited number of extra tickets should be available online from April 29 to May 1.

Students and their guests will need commencement parking permits, since the spring 2015 permits will not be valid during commencement weekend. Students may pick up their free permits, through showing their Titan ID card, at the first floor of Pollak Library North near the reference desk.

Entertainment and tourism, entrepreneurship, finance, MBA, management, professional business, and risk management and insurance students will graduate on Saturday, May 16. On Sunday, May 17, accounting, business analytics, business economics, economics, international business, ISDS, marketing and other master’s students will be recognized.

Caps and gowns, diploma frames and CSUF memorabilia are available at Titan Shops. The bookstore will be open extended hours during finals week (May 11-17): Monday through Thursday, from 7:30 a.m. to 7 p.m.; Friday, from 7:30 a.m. to 6 p.m.; and Saturday and Sunday, from 7 a.m. to 3 p.m.

For any commencement questions, contact Mihaylocommencement@fullerton.edu or visit the CSUF Commencement website.

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The Economies of the Indian Subcontinent: What Business Students Need to Know

 

The Taj Mahal in Agra, India’s most iconic landmark

The Taj Mahal in Agra, India’s most iconic landmark

India is poised to become the most populous country in the world in the next few decades, and the rapidly growing country is now the 10th largest economy in the world in terms of GDP. Mihaylo Economics Professor Dipankar Purkayastha discusses the current state and outlook for the Indian economy and the other nations that make up the Indian Subcontinent, including Pakistan, Sri Lanka and Bangladesh. 

With a population of more than 1.5 billion people, or more than 20% of the world’s total population, the nations that make up the Indian Subcontinent comprise a rapidly expanding economic region. The Indian Subcontinent is a region of South Asia, including the nations of India, Sri Lanka, Pakistan, Nepal, Bhutan, the Maldives and Bangladesh. Foremost among the nations of the region is India with a rapidly growing population of more than 1.2 billion and an economy that ranks as the world’s 10th largest in terms of GDP.

Mihaylo Economics Professor Dipankar Purkayastha

Mihaylo Economics Professor Dipankar Purkayastha

“India is so large, that almost everything you say about it proves to be untrue,” says Mihaylo Economics Professor Dipankar Purkayastha. He studies economic development and international trade and is originally from India. “Some Indians are rich, but the vast majority of Indians are poor, and the presence of wealthy Indians makes averages misleading,” he explains.

India’s position as a vital player in the world economy is both a recent development and a continuation of a long history for that nation. During ancient times, there was a lively trade between the major western empires of the time, including the Roman Empire, and India. The late economic historian Angus Maddison suggested that India may have been the world’s largest single economy during the first millennium A.D. During the Mughal Empire (1526-1857), India’s economy is believed to have contributed around one-fourth of the total global GDP.

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CSUF Chapter of Phi Beta Delta Wins Award for World’s Best Chapter

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The Phi Beta Delta logo includes the motto “Scienta Mutua Mundi,” which is Latin for “World’s Shared Knowledge”

The CSUF chapter of Phi Beta Delta Honor Society has recently been recognized as the best chapter in the organization. The honor society provides academic research, networking and scholarship opportunities for business students.

Phi Beta Delta, one of the world’s largest honor societies, was founded at CSU Long Beach in 1986. Today, it has nearly 200 chapters throughout the United States, Bulgaria, Canada, Italy, Mexico, Switzerland, Ukraine and Uganda. This year, the CSUF Phi Beta Delta chapter was recognized as the best chapter in the global organization.

“The national headquarters used a variety of parameters to review adherence to Phi Beta Delta’s mission and determined that our CSUF chapter did the best overall job in that capacity to deserve the Overall Outstanding Chapter Award,” Chapter President and Mihaylo Finance Professor Dipasri Ghosh says.

Mihaylo Finance Professor Dipasri Ghosh

Mihaylo Finance Professor Dipasri Ghosh

“Our chapter of Phi Beta Delta sponsors academic and social events every year, such as forums, panels, lecture series, receptions for visiting scholars, international film screenings, international food receptions, our popular ‘international desserts table’ events, awards banquets, informal coffee socials and cross-cultural communication workshops,” she says.

The CSUF chapter’s recent events include a “Meet and Eat” international luncheon event, providing an opportunity for international networking; a panel discussion for International Women’s Day; a Capitalism Debate; a student travel forum focusing on study abroad experiences; an internationally themed gift exchange; involvement in the campus Days of Discovery; an Induction Ceremony featuring presentations of faculty and student research; and philanthropic events benefiting Orange County’s less fortunate residents.

The honor society’s membership includes both business students and faculty, providing networking, academic research, opportunities to present at conferences and scholarship and monetary award opportunities. For more information on the CSUF chapter of Phi Beta Delta, visit them online or contact Dr. Ghosh at dghosh@fullerton.edu.

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Mihaylo Alumna Vaniah De Rojas Applies Business Education to Public Administration

Vaniah De Rojas '09, '11

Vaniah De Rojas ’09, ’11

Vaniah De Rojas ’09, ’11, a Mihaylo management and MBA alumna, discusses her business education and how it has assisted her in a career in public administration and community volunteerism. She was among the recipients of the Distinguished Women of the Year Award from Assemblyman Ian Calderon for her community service as an administrative analyst for the City of La Mirada and volunteerism for Habitat for Humanity.

For Vaniah De Rojas ’09, ’11, a Mihaylo management and MBA alumna, receiving the Distinguished Women of the Year Award from Assemblyman Ian Calderon (D-Industry), came as a surprise. “Individuals who are in public service do not work for money or recognition, so to receive the award was an immense honor,” the administrative analyst for the City of La Mirada says. “It was also a humbling experience, as I heard about other women involved in such impactful work in their communities.” De Rojas was among 13 women who received the 2013 award.

The annual award honors outstanding women who make a positive contribution to their communities within the 57th Assembly District, including the City of Industry, La Mirada, La Habra Heights, La Puente, Norwalk, Santa Fe Springs and Whittier, part of a region commonly known as the “Gateway Cities.”

In addition to her position at the City of La Mirada, De Rojas volunteers for Habitat for Humanity, a major nonprofit committed to providing housing for low-income residents. “Habitat for Humanity provides the opportunity to learn about construction and home building,” she says. “I also have had the chance to develop friendships with fellow volunteers and families seeking to achieve the American dream of homeownership. I would encourage everyone to donate their time to help others; it is a great feeling knowing you are making a positive impact in the lives of others.”

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Mihaylo College Receives $1.5 Million Gift from Jeff Van Harte ’80 to Expand Student Investment Fund

Students and leaders of the Applied Securities Analysis Program (ASAP). In the foreground is Jeff Van Harte '80 (left) and Mihaylo Finance Professor Michael Milligan (right). In the background, from left to right, are Steven Rodriguez '15, Kelsie Ornellas '15 and Eli Jaloul '15

Students and leaders of the Applied Securities Analysis Program (ASAP). In the foreground is Jeff Van Harte ’80 (left) and Mihaylo Finance Professor Michael Milligan (right). In the background, from left to right, are Steven Rodriguez ’15, Kelsie Ornellas ’15 and Eli Jaloul ’15

By Laurie McLaughlin

The gift will help establish a new investment management center at Mihaylo College and increase the existing student-managed investment fund.

For the last four years, Jeff Van Harte ’80 (finance) has worked side-by-side with students in the Applied Securities Analysis Program (ASAP) as they manage investment funds of more than $300,000. Van Harte took the program to a new level recently with a $1.5 million gift to Mihaylo College, which will both increase the students’ investment fund and establish a new investment management center.

The center will be called Titan Capital Management and will provide a space similar to trading floors of major financial institutions. Students will be able to study changes in the stock market as they happen, research companies and analyze the latest stock quotes, options and exchange-traded funds.

“The space will mirror the real world of an investment management operation with real-time experiential learning,” says Van Harte, chief investment officer of Jackson Square Partners. “This kind of learning environment is invaluable to both undergraduate and graduate students as they seek positions in the finance and investment industries.”

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Magic Johnson Shares Life Lessons with CSUF Students

Magic Johnson speaks at the Titan Gym, March 4, 2015.

Magic Johnson speaks at the Titan Gym, March 4, 2015.

Former NBA star Magic Johnson was the keynote speaker before an audience of thousands of CSUF students, alumni and guests at the Titan Gym on March 4. The event was sponsored in part by the Mihaylo College of Business and Economics and Business Inter-Club Council.

“Always remember, believe in yourself, your dreams and your goal,” NBA star and entrepreneur Earvin ‘Magic’ Johnson told a crowd of CSUF students, alumni and guests at the Titan Gym on the evening of March 4, 2015. Johnson told the audience about his basketball career and entrepreneurial success and offered inspiration to the next generation of business leaders. “If you do right, if you have a great reputation, if you are a man or woman of your word, if you will be there on time, it will happen to you too,” he said.

Johnson recounted that he was born into a low-income family in Lansing, Mich., the son of a General Motors assembly worker. After playing basketball at Lansing’s Everett High School, Johnson was on the Michigan State University basketball team. “My goal and dream was to win the NCAA title,” he recalls. In 1979, he achieved his goal by leading his team to the NCAA Final Four victory in the most widely watched game in NCAA history.

Drafted by the Los Angeles Lakers later that year, Johnson was point guard for the franchise for 12 years. During his professional career, he contributed to his team’s nine NBA Finals appearances, won three NBA MVP awards and appeared in the NBA All-Star game 12 times.

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Steven G. Mihaylo to Speak to Business Students at Leadership Scholars Event

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Steven G. Mihaylo ’69, namesake of the Mihaylo College of Business and Economics and CEO of Crexendo Business Solutions, will speak to business students on March 20 in an event sponsored by the Leadership Scholars.

Steven G. Mihaylo ’69 has played a pivotal role in making the Mihaylo College of Business and Economics a premier business- education institution within the CSU system. A member of the Dean’s Advisory Board, Mihaylo led a 12-member Campaign Cabinet to build the $20 million state-of-the-art facility for the business college during the 2000s. In 2008, he provided a $30 million gift to fund the business college, the largest single alumni gift in CSUF history.

From 1969 to 2006, Mihaylo was chairman and CEO of Inter-Tel, which grew from a sole proprietorship to an international operation serving hundreds of thousands of corporate customers worldwide with managed services and software that enable businesses to communicate better and offer quality customer service. Since 2008, he has been chairman and CEO of Crexendo Inc., a provider of cutting-edge technological communication for startups and small-to medium-sized businesses.

Business students will have the opportunity to hear Mihaylo speak at the Leadership Scholars event on March 20. He will discuss his personal success and student strategies for a successful business career. The event, from 1:40 p.m. to 4 p.m. in SGMH 1560, is open to all business students, who are asked to RSVP online.

“This is a great opportunity to get to know someone who has gone above and beyond, coming from a position very similar to many of our students with limited financial resources and yet has succeeded in business and as a contributor to his alma mater,” says Alec Schaefer ’15, a marketing undergraduate student involved in the Leadership Scholars program. “Mihaylo is one of the main reasons our business college is able to offer a low-cost, yet high-quality business education.”

Leadership Scholars is the student branch of the Center for Leadership, which sponsors speakers, social events and internship opportunities for business students. “Our mission is to help students be ready to lead,” says Schaefer. Recent speakers include Joe Moderow ’70, an active member of the Mihaylo community with a long career at UPS, and Joe Hensley, the Orange County market president for U.S. Bank. “All of the executives are extremely encouraging and want to provide advice to students on what they wish they knew when they were in our position,” he says.

The Leadership Scholars also provide students the opportunity during the spring semesters to shadow an Orange County executive for one to two days providing a behind-the-scenes look at the corporate world. “It is about networking, seeing what the top-level position is like and how to reach it,” Schaefer says.

For more information on Leadership Scholars, visit their website or visit the Center for Leadership at SGMH 5357. Any business major or minors may complete the brief application to join the scholars.

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Mihaylo Professor Jeff Williamson ’03 Discusses Port Strike on PBS Television

Jeff Williamson '03 on "Nightly Business Report," Feb. 24, 2015

Jeff Williamson ’03 on “Nightly Business Report,” Feb. 24, 2015

Mihaylo alumnus and adjunct professor Jeff Williamson ’03 discusses the impact of the West Coast port strike on PBS’ “Nightly Business Report” on Feb. 24.

Jeff Williamson ’03, adjunct Mihaylo marketing professor and director of the Center for International Trade Development, appeared on “Nightly Business Report,” the daily business and economics news program carried nationwide on PBS, on Feb. 24 to discuss the impact of the West Coast ports strike.

The strike, involving more than 13,000 dock workers at ports along the West Coast, including Long Beach and San Diego, stemmed from a dispute between the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU). The association and the union reached a tentative five-year deal on Feb. 20 to end the slowdown, though the agreement is yet to be finalized. The impacted ports handle nearly a fourth of U.S. exports, much of it to East Asia and other regions along the Pacific Rim. The slowdown was the latest in a series of port labor conflicts over the past few decades. The latest dispute led the Obama Administration to consider invoking the Taft-Hartley Act, a 1947 law that permits federal intervention in strikes that threaten the nation’s economic health.

Williamson reports that California export-based businesses saw 10% to 50% declines over the past six months. “We are hearing that some companies are losing orders, and the impact of losing an order or a particular sale, it really depends on the situation,” he told “Nightly Business Report.” “If it’s a company that’s trying to land a new retailer, let’s say in Asia or another part of the world, and their initial shipment is delayed, that may not help them in the long run. They might have a lot of problems really securing that account for the long run.”

As an example of the impact, NBR reporter Kate Rogers demonstrated the impact of the nine-month port slowdown by speaking with Paul Cramer of Perris, Calif., based Star Milling Co., a pet and animal feed retailer that ships throughout the Pacific Rim. Cramer reported a loss of $60,000 per week during the slowdown and fears the permanent loss of customers.

A video clip of the Williamson segment, which appears near the end of the day’s broadcast, and the entire program are available for viewing online. You may read the transcript here.

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San Diego Content Marketer Speaks to Mihaylo Marketing Students

Jeremy Durant of Bop Design

Jeremy Durant of Bop Design

Jeremy Durant of the San Diego Web design content marketing firm, Bop Design, spoke to Mihaylo marketing students on Feb. 11 at an event sponsored by the on-campus chapter of the American Marketing Association. An associate vice president, Christopher Tyau ’15, discusses the guest speaker and the activities of the organization.

Realizing that traditional marketing models are no longer effective in an era of instant communication, content marketing seeks to engage its audience with ongoing targeted, relevant content with the ultimate goal of expanding a client or customer base.

In 2008, Jeremy Durant and his wife founded San Diego-based Bop Design, a content marketing business now serving San Diego, Orange and Los Angeles counties. The firm provides marketing consulting services and Web design, social media and search engine optimization (SEO) for corporate customers in a wide range of industries.

Mihaylo students had the opportunity to hear from Durant on Feb. 11 as a guest speaker sponsored by the on-campus chapter of the American Marketing Association, a professional organization that provides networking and business experience opportunities for interested students. Founded in 1967, the CSUF chapter is one of the university’s most enduring student associations. Durant’s presentation discussed content conversions, zeroing in on the introduction-to-purchase process.

“Jeremy is a great resource for our students,” says Christopher Tyau ’15, vice president of programming for the association. “Not only was it a professional presentation but it was also a great opportunity for our students to learn practical skills for their portfolios.”

The association hosts regular guest speakers and networking and professional development events to assist students interested in making marketing their careers. The association’s Networking Gala will be held on March 11 and will host its next speaker, Greg White ’93 of OC Product Managers, on March 25. Speaker events are open to all CSUF students, but one must become a member to continue attending events after attendance at one event. “While Mihaylo College business majors might be most interested in membership, the association is open to students of all majors,” Tyau says.

The association hosts various social events, such as its recent beach cleanup at Bolsa Chica State Beach and professional workshops to assist students in creating a versatile online personal presence. The association meets semimonthly on Wednesdays from 7 to 8 p.m. at TSU Hettebrink.

“The AMA at CSUF is doing a great job of providing future marketing professionals with the additional skills they need to add value to a marketing department or agency,” says Durant, in a press release for the event.

For more information on the association, visit their website or contact them at csufama@gmail.com.

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Will Commercial Drones Revolutionize the Business Supply Chain?

A futuristic-looking small unmanned aerial vehicle, or drone. Currently used by the military, law enforcement agencies, scientists and hobbyists for various purposes, companies such as Amazon envision a future in which drones will deliver packages to customers and be a major part of the business supply chain. Photo from USA Today.

A futuristic-looking small unmanned aerial vehicle, or drone. Currently used by the military, law enforcement agencies, scientists and hobbyists for various purposes, companies such as Amazon envision a future in which drones will deliver packages to customers and be a major part of the business supply chain. Photo from USA Today.

The commercial use of drones, remote-controlled unmanned aircraft, has become a possibility with advances in drone technology and plans by some retailers, most notably Amazon, to use the aircraft for deliveries. Yet regulatory and safety concerns remain, which currently limit the use of drones. Mihaylo ISDS Professor Ofir Turel discusses the possibilities for drones in the future and the potential headwinds preventing the widespread adoption of these aircrafts.

A customer places an online order, and within a short time, a small remote-controlled drone delivers the package to the customer’s doorstep. A business requests office supplies from a retailer, and a drone arrives with the requested products at the delivery section of company headquarters. While once the realm of science fiction, advances in drone technology and the increasing availability of these unmanned aircraft make these scenarios possible today. Companies such as the online retailer Amazon wish to use drones for personal deliveries within a few years and have already used the aircraft for experimental test flights.

“There are many potential applications,” Mihaylo ISDS Professor Ofir Turel explains. “This technology could be used by any retailer for delivery, could replace ambulances for emergency medical applications and could be used for investment or marketing research.” Turel suggests that drones might be used to monitor traffic at retail stores or malls, useful information for both marketers and investors.

Yet the Federal Aviation Administration (FAA), in charge of aviation in U.S. skies, dealt the commercial use of drones an apparent setback this month when it unveiled rules limiting the use of commercial drones. Among the proposed policies is a requirement that drones could only be flown within the sight of the remote-control operator during daylight hours, a restriction which would limit the widespread use of drones to deliver packages or play a major role in the supply chain, as Amazon and some other companies envision. The FAA policies are far from final, as hearings will be held on the proposed rules, which would take effect in 2017 at the earliest. Amazon has promised to lobby for its proposal to use drones for deliveries.

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