Executive Council Recognizes Mihaylo Honors Student and Management Professor

Amber Jeanseau ’15

Amber Jeanseau ’15

Mihaylo’s Executive Council has selected Amber Jeanseau ’15, a marketing honors undergraduate, as the 2015 Outstanding Student and Mihaylo Management Professor Shaun Pichler as the 2015 Distinguished Faculty.

For the past year, Amber Jeanseau ’15 has been president of Mihaylo’s Business Honors Program, which provides high-potential business students with opportunities for challenging academics, classroom and extracurricular activities and individualized career mentoring. An honors student herself, Jeanseau is graduating magna cum laude with a bachelor‘s degree in business administration – marketing. She was named the 2015 Outstanding Student by Mihaylo’s Executive Council on May 13. The award recognizes one outstanding business student each year for academic achievement, university or community service and career strategy.

Mihaylo Management Professor Shaun Pichler

Mihaylo Management Professor Shaun Pichler

Mihaylo Associate Management Professor Shaun Pichler is the recipient of the council’s annual Distinguished Faculty award. The Michigan State University alumnus teaches undergraduate and graduate courses in human resources and organizational behavior. His research, which focuses on workplace diversity and inclusion, employee appraisal, career/family concerns and international human resources, has appeared in numerous journals since he joined the college faculty in 2009. Pichler was nominated for the award based on teaching performance, research and creative activity and service to the university and community.

The Mihaylo Executive Council provides financial support and professional advising for Mihaylo College. Comprised of professionals from throughout Southern California, the council increases the visibility of the college, provides scholarships, mentors business students and financially supports the Mihaylo Tutoring Center. For more about the council and its activities, visit them online.

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Mihaylo Concludes a Stellar 2014-2015 Academic Year

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This weekend marks the conclusion of the 2014-2015 academic year in which Mihaylo College strengthened its reputation as one of the premier business education institutions in Southern California. Following are some of the highlights from the past year.

During the 2014-2015 academic year, the Mihaylo College continued to grow as a leading business education institution in Orange County and the Southern California region generally. Over the course of the year, Mihaylo faculty contributed to respected peer-reviewed publications; Mihaylo’s Centers of Excellence continued to link the college’s academic focus to the real world of business through partnerships and community involvement; and current students and alumni achieved success in a diverse range of fields.

Among the year’s highlights:

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Mihaylo MBA Student Researches Hollywood Diversity

Samantha Pico '15 (left) and Mihaylo Management Professor Harold Fraser

Samantha Pico ’15 (left) and Mihaylo Management Professor Harold Fraser

Samantha Pico ’15, a Mihaylo MBA student with a concentration in management, interviewed three entertainment executives for her research study on diversity in Hollywood studios. Her goal is to determine best practices for attracting and retaining a diverse workforce. Pico states, “Hollywood is not very different from other industries in its efforts to attain a diverse workforce.” She continues, “the main difference is that Hollywood has higher visibility compared to other industries.” Pico’s research was part of an independent study class under the direction of Mihaylo management professors Harold Fraser  and Shaun Pichler, and states, “Professor Fraser tailored the course to my interests and career goals as a human resource professional.” Pico claims diversity in the workplace is about leveraging various perspectives.

She interviewed three executives at CBS Corporation20th Century Fox and Paramount Pictures for insight on effective diversity programs, which included outreach, mentoring, employee resource groups and training programs. From her interviews, Pico claims, “most of the programs have allowed employees to explore and cross-reference with various groups within the company; this prepares existing employees within the company to gain the skills needed to be prepared for next level positions.” She noted a larger pool of candidates makes the selection process easier for high-level positions.

“Diversity and inclusion will continue to change with shifts in the labor market,” Pico says. “Being creative and trying new things to foster team work and personal growth will help companies achieve their goals.”

For more on Mihaylo graduate programs, visit MBA and Graduate Programs.

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Mihaylo MBA Student Expands Her Network

Rossana Alvarez '16

Rossana Alvarez ’16

“Pulling a good network together takes effort, sincerity and time.”Alan Collins

Rossana Alvarez ’16 has developed a versatile professional network through the Elevar Scholars Program, an initiative that increases recruitment and improves the experiences of under-represented students seeking a graduate degree.

“The scholars program allowed me to connect with candidates from other master’s programs and substantially expand my networking pool,” says Alvarez, a Mihaylo MBA student with a concentration in marketing. “This program has given me the opportunity to work with a mentor.”

Alvarez has also grown her network by participating in the IBS winter 2015 MBA independent study abroad trip to Europe. Her travels to Paris and London included opportunities to meet with global business leaders. In Paris, Alvarez visited 3M, Esso/ExxonMobil and a business seminar with Graham Brown entitled, “Living and Working in the EU.” While in London, she visited Lockheed Martin and the insurance giant Lloyds.

“The highlight of the trip was a visit to the Wimbledon Lawn Tennis Museum,” she says. “I learned about their current marketing activities as well as their strategic marketing efforts to revive this museum in a recent restructuring effort.”

The MBA trip to Europe increased Alvarez’s international network. “I made many connections that will assist me in the future,” she says, “both personally and professionally.”

For more information about the study abroad opportunities, the Elevar Scholars Program, please visit the Mihaylo MBA and Graduate Programs.

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Dean Anil Puri Gives Update on Mihaylo College at All College Forum

Mihaylo Marketing Professor Irene Lange (left) and Dean Anil Puri at the All College Forum on May 1, 2015. Lange was honored for 50 years of involvement on behalf of the college.

Mihaylo Marketing Professor Irene Lange (left) and Dean Anil Puri at the All College Forum on May 1, 2015. Lange was honored for 50 years of involvement on behalf of the college.

Dean Anil Puri provided updates on current events at the Mihaylo College of Business and Economics and recognized faculty and staff members for outstanding service at the All College Forum on May 1.

“We leverage the diversity and entrepreneurial spirit of Southern California to produce globally aware business leaders through innovative teaching and high-quality applied research,” said Mihaylo Dean Anil Puri, reciting the college’s mission statement. Puri updated a gathering of Mihaylo faculty and staff on college achievements, future plans for the institution and faculty and staff recognitions at the All College Forum, held at the end of each semester.

Puri noted that CSU Fullerton generally and Mihaylo College specifically are implementing high impact practices (HIPs) to further develop the institution’s standing. The college is specifically seeking to improve its six-year graduation rates and lower the achievement gap of historically underrepresented minority students.

“Our graduation rate was 49% in 2013, and our goal is to increase this by 10% in 2018,” Puri said. “In just two years, we are already at a 54% graduation rate.”

After severe cutbacks in the wake of the Great Recession, Puri notes an improved economic landscape, but there are still obstacles in state financing for public higher education. “California’s economy has recovered, as has the national economy, and state revenues have increased,” he said. Still, the state has provided limited funding to higher education, resulting in higher student fees. “The state has shifted their burden on to the students,” he said.

Puri noted that Mihaylo has received extensive recognition in the past year, including the following:

Mihaylo outreach programs recognized included the CSUF Start-Up Incubator in Placentia, which is now serving four entrepreneurial businesses; and faculty mentor programs, which are now offered in all Mihaylo departments.

Among the faculty members recognized was Marketing Professor Irene Lange, honored for 50 years of involvement with the business college. Other honors for faculty members included:

Honors for staff members included:

For more information on the Mihaylo College, check out the latest edition of Mihaylo Magazine or visit the college homepage for more on events, programs and services.

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Two Mihaylo Students to Highlight their College Experiences as Commencement Speakers

Shannon Franklin (left) and Leah Espinoza (right) flank the Steven G. Mihaylo Statue in the Mihaylo Courtyard

Shannon Franklin (left) and Leah Espinoza (right) flank the Steven G. Mihaylo Statue in the Mihaylo Courtyard

Commencement ceremonies for the Mihaylo College of Business and Economics on May 16-17 will feature two student speakers, Leah Espinoza ’15 and Shannon Franklin ’15.

For the last two years, Leah Espinoza ’15 has introduced CSU Fullerton to prospective students. The management major served as a Titan Ambassador for the CSUF New Student and Parent Programs, conducting tours and answering inquiries about the university. She will be one of two Mihaylo students selected to deliver brief student speeches at the Mihaylo College commencement in May, highlighting their college experiences and providing inspiration for the future. Espinoza will present at the Saturday, May 16 ceremonies.

“My experiences working on campus helped me to develop personally and professionally into the leader I am today,” she says. “Although we are credited for changing prospective students’ lives in helping them to believe they have a chance to get a college degree, I truly believe they have changed mine.” Her previous university involvement included information specialist and orientation leader positions in 2012 and 2013. She has also represented the Mihaylo Finance Association at the Business Inter-Club Council.

“My CSUF experience has taught me that being passionate about what you do and feeling like you’ve made something or someone better at the end of the day is truly the definition of success,” she says.

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Cautious Optimism for U.S. and Local Economies in Mihaylo’s Midyear Economic Forecast

Mihaylo Dean Anil Puri discusses consumer confidence at “The Visible Hand: Fed Policy and Outlook for Growth” event at the Irvine Marriott on April 23.

Mihaylo Dean Anil Puri discusses consumer confidence at “The Visible Hand: Fed Policy and Outlook for Growth” event at the Irvine Marriott on April 23.

Mihaylo’s Woods Center for Economic Analysis and Forecasting released its CSUF Economic Outlook and Forecasts, Midyear Update, at the Irvine Marriott on April 23, in an event headlined by Mihaylo Dean Anil Puri and Economics Professor Mira Farka. The report calls for cautious optimism as the national and local economies continue to expand more than half a decade after the Great Recession, though the California drought is a potential caveat.

“The U.S. economy has significantly outperformed advanced economies throughout the recovery and is currently the brightest spot in a troubled global environment,” Mihaylo Dean Anil Puri and Mihaylo Associate Professor of Economics Mira Farka report in their CSUF Economic Outlook and Forecasts Midyear Update. The report was released at an event at the Irvine Marriott on April 23, “The Visible Hand: Fed Policy and Outlook for Growth,” attended by local business leaders, including members of the college’s business network.

In an eight-page report, Puri and Farka noted that employment in the U.S. economy continues to expand at a pace not seen since the 1990s economic expansion; consumer confidence is rising; financial institutions are in good shape, and lower oil prices are giving consumers more spending power.

The report calls for a growth rate for the U.S. economy of 2.6% in 2015 and 2.8% in 2016, slightly higher than 2014’s real GDP growth of 2.4%. “We expect the trajectory of growth for this year to resemble last year’s: slower first quarter, followed by a more robust pace for the remainder of the year, spilling into 2016,” the authors note. By comparison, the average growth rate since the end of the Great Recession in 2009 has been 2.2%.“Our view agrees with the overall consensus outlook of an improving momentum, but we are a little more cautious and a bit less sanguine,” their report states, noting, “our optimistic but guarded outlook stems from three main considerations.” First, Puri and Farka note that interest rates, at a historical low of 0.25% since December 2008, are expected to rise for the first time in nine years as the Federal Reserve attempts to balance economic output with inflation concerns. Secondly, lower oil prices, while beneficial to consumers, are a headwind for the U.S. energy sector. Thirdly, the value of the U.S. dollar is rising rapidly in the face of an anemic global economy, which makes imports cheaper, but hurts U.S. exports.

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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

phibetadeltalogo

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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