Fogelman College of Business & Economics, November 2010

In this Issue...

Dean Grover's Message

Alumni Board, Avron Fogelman To Match Donor's Gifts to the FCBE

FCBE Open House Big Success

FCBE Launches Fogelman Fit

Professional First! Launched

FCBE Honors Program Undergoes Transformation

FCBE Stairwell Renovations

Fogelman College Accreditation

Conference On Sustainable Real Estate (COSRE)

Faculty Awards and Recognition

New Faculty and Promotion

Faculty Publications

 

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For information about any of our programs please contact E. Kenneth "Ziggy" Siegfried, Alumni Relations.

Kenneth (Ziggy) Siegfried

E-mail: Alumni Relations
Phone: +1 901.678.3068

 
 
Dean Grover's Message

Rajiv Grover

As I have worked with my colleagues in the Fogelman College of Business & Economics to develop opportunities for the ongoing development of our students, I have long held the belief that we must approach education in a holistic manner. This has underpinned the creation of the various initiatives that have been encapsulated within the Fogelman Promise program, led by Margaret Schultz. I am delighted to say that, at the recent Open House that you can read about later in this issue of the Flash, we launched two new programs that we anticipate will have a significant impact on a large number of our students in the years ahead.

The first of these is Professionalism First!, a free, non-credit professional development program designed to provide business students with the personal and interpersonal skills needed to succeed in today’s dynamic business world. The program builds on the earlier work by Professor Ron Spahr that culminated with the creation of pledges made by students, staff, and faculty to adhere to certain standards of professionalism. This new aspect of the program is coordinated by Dr. Leonard Jackson in the FCBE and Ms. Tracie Robison of First Horizon. The program will be delivered by members of the Wealth Management group of First Tennessee Bank and the Human Resources department of First Horizon. The purpose of the program is to promote career readiness by providing a high quality professional development program that teaches business students how to improve their professional presence and image. Please read more about the program later in the Flash.

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Alumni Board, Avron Fogelman To Match Donor's Gifts to the FCBE
The Alumni Board of the Fogelman College of Business and Economics at the University of Memphis has issued a challenge to all alumni of the College: For every dollar given to the Fogelman College between now and Dec. 31, 2010, by a person who did not donate to the College last year, the Alumni Board will match those donors’ gifts dollar for dollar, up to $25,000.

Alumni Board President Jennifer Brereton announced the Fogelman College Match Challenge, saying, “Exciting things are happening in the Fogelman College, and by issuing this challenge, to double a donor’s gift, the FCBE Board can help those gifts really make an impact. The challenge gift will keep up the College’s momentum, and make supporting the College fun, while improving the Fogelman experience for current students as well as students in the future.” Upon hearing of the match, long-time FCBE benefactor Avron Fogelman offered to also match donations in the same way. Thus, every dollar donated will effectively leverage an additional two dollars: $25,000 in donations will realize $75,000 in funds for the College.

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FCBE Open House Big Success
The FCBE Open House offered hundreds of current and prospective Fogelman students the opportunity to meet representatives from FCBE academic departments, master and doctoral programs, honors program, internship and scholarship programs, and student organizations. Popular FCBE initiatives covered under the Fogelman Promise and the MILE leadership programs were represented; the U of M Alumni Association and Future Alumni of Memphis staff also shared insights with future UM alums.

The Open House covered two days, September 21 and 22, which enabled day and evening students the chance to mingle and explore. The idea for an expansive Open House and information faire came from Mary Johnson, Academic Advisor for the FCBE, who envisioned an event that would engage students in exploration of opportunities for educational and personal advancement.

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FCBE Launches Fogelman Fit
Students, faculty, and staff in the Fogelman College of Business & Economics will have new opportunities to be healthier with the launch of the Fogelman Fit wellness initiative. This program will be integrated into the existing activities of FCBE, emphasizing the importance of health to both personal and professional success. The goal is to create a culture of health in the College, and to make it easier to make healthy choices through onsite activities, education, environmental changes, and healthy opportunities.

Fogelman Fit was officially launched on September 22 in conjunction with the FCBE Open House and featured fitness demos, nutrition displays, challenge sign-ups, and giveaways. Over 100 people have signed up to participate so far.

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Professionalism First! Launched

Dr. Leonard Jackson

The Fogelman College of Business & Economics successfully launched Professionalism First! on Wednesday, September 22nd . Since its launch, students have expressed strong interest in joining the program. The first class commenced on October 22nd and will end on December 3rd. Two sessions (morning & afternoon) will be offered concurrently. Morning sessions will start at 10:00 AM and end at 11:00AM, while afternoon sessions will start at 2:00PM and end at 3:00 PM. The second class will start in January, 2011. Students are encouraged to apply early as competition for spaces is expected to be high. Please contact Dr. Leonard Jackson or by phone at (901) 678-5504 for more information about the program.

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FCBE Honors Program Undergoes Transformation

Dr. Irvin Tankersley

The Fogelman College of Business & Economics (FCBE) is renewing its Honors program in order to increase engagement with, and attract a greater number of, high-ability business students. In conjunction with the expanding Helen Hardin Honors Program, there are several changes that are being made to honors provision in the College. Some of these are listed below:

  1. Opening of a dedicated Honors Commons Room (FCB 274) in Fall 2010.
  2. Creation of a FCBE Honors Student Organization.
  3. Access to a dedicated honors advisor, Mary Johnson.
  4. An annual honors dinner held during the spring semester.
  5. Provision of an industry mentor and increased interaction with faculty mentors.
  6. Launch of an honors speaker series.

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FCBE Stairwell Renovations

Dr. Balaji Krishnan

As described elsewhere in this newsletter, the Fogelman College of Business & Economics has recently launched Fogelman Fit, a program designed to improve the overall health and well being of the College’s students, staff and faculty. One of the initiatives designed to help accomplish the goals of Fogelman Fit is to renovate the stairwells in FCBE to make it more appealing for students to walk to their classes rather than take the elevators. To this end, a stairwell renovation committee has been formed comprising members of the FCBE, Art Department, Department of Health & Sport Sciences, and Campus Planning Design. The purpose of this committee is to renovate, redecorate and improve the ambience in the stairwells. This committee is being co-chaired by Richard Lou, a Professor in the Art Department, and Balaji Krishnan, Associate Professor in FCBE. Professor Lou thinks the idea of collaborating across disciplines to benefit students is a sound one and says, “We like collaborating with other units in the university. Within this collaborative system we learn from the exchange of ideas and from each other. We also establish friendships outside our expertise domain that can benefit the students.”

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Fogelman College Accreditation

FCBE Accreditation

The College is preparing for a visit by a review team from the Association to Advance Collegiate Schools of Business (AACSB) during the February 20 to 22 timeframe. The visiting team will confirm items that are included in a report prepared by the College and also explore areas of interest and concern to the team. The review team will prepare a report for presentation to the AACSB Board of Directors who makes the final accreditation decision. The purpose of accreditation is to improve collegiate business education in undergraduate and graduate-level degree programs and the profession. The AACSB Accreditation Standards are used as a basis to evaluate a business school’s mission, operations, faculty qualifications and contributions, programs, and other critical areas to assure that the business school is providing an educational program at the highest level based on the mission of the College. This evaluation is helpful to faculty, students, parents, and employers to assure that graduates are prepared after graduation from a degree program. AACSB is the premier accrediting agency for Schools of Business with standards that challenge post-secondary educators to pursue excellence and continuous improvement throughout their business programs.

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Conference On Sustainable Real Estate (COSRE)

Dr. Grant Thrall

The first annual ‘Conference On Sustainable Real Estate’ will be held at the University of Memphis campus from March 24- 26, 2011.

The theme of the first conference is "Memphis: Global Hub City." In the course of the conference, attendees will learn about opportunities for Western Tennessee, and obligations that must be met to achieve those opportunities. How does Sustainable Real Estate practices benefit investors, developers, the economy, and provide jobs?

High carbon emissions can change weather patterns at local, national, and global geographic scales. Energy prices are volatile. Both increase risk of investment and risk for sustaining life as we know it. Contrary to most thinking, automobiles are not the culprits responsible for the highest energy consumption and carbon emissions. Instead, the single largest consumer of energy and producer of carbon emissions are buildings. Thus, sustainable real estate must include construction and architecture standards that directly and indirectly reduce carbon emissions and energy needs.

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Faculty Awards & Recognition

2010-2011 SUZANNE DOWNS PALMER PROFESSORSHIP AWARDS

The Suzanne Downs Palmer Professorship Awards Program was established in 2003 by alumnus Dan Palmer in appreciation for his U of M education in the business school and in memory of his wife, Suzanne. The purpose of the Palmer Awards is to recognize outstanding individual faculty contributions to achieving the mission of the Fogelman College of Business & Economics. Awards can be given in three categories: Teaching, Research, and Service.

This year’s winners were recommended by a selection committee of nine previous Palmer Award winners.

Each recipient received a recognition plaque and a cash award of $10,000.

Dr. Julia Heath

1. Teaching Category – Dr. Julia A. Heath, Professor of Economics

This recipient:

  • Has consistently received excellent student evaluations of her instruction (SIRS and SETE) in a wide variety of courses, from principles courses to Ph.D. courses.
  • Is consistently described as intelligent, passionate, organized, caring, and patient. It is not at all uncommon for students to describe her as "the best professor I've ever had."
  • Has incorporated numerous imaginative and innovative teaching techniques into her courses and has developed several new courses for a variety of students.
  • Transcends the college and even the campus: through her workshops Dr. Heath has trained over 8,000 West Tennessee teachers, K-12, on how to integrate economic and financial literacy into their classes.
  • Has been recognized at a national level as she was invited to serve as one of five economists nationwide on the National Assessment of Education Progress committee on economics.
  • Has received numerous teaching awards, including the Alumni Association's Distinguished Teaching Award, The Thomas W. Briggs Foundation Excellence in Teaching Award, The University Honors Teacher of the Year Award, and the Elzinga Award, the economic discipline's highest recognition of teaching excellence.

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New Faculty and Promotion

Dr. Grant Thrall

New Appointment: Dr. Grant Thrall, Department of Finance, Insurance and Real Estate

Grant Ian Thrall has been appointed as Visiting Martha and Robert Fogelman Family Chair of Excellence in Sustainable Real Estate, Department of Finance, Insurance and Real Estate. Dr. Thrall is on the national academic board of Directors of the Appraisal Journal of the Appraisal Institute (AI). He will be President of the American Real Estate Society (ARES) in 2013; currently he is program chair and vice president. Dr. Thrall has published over 150 articles and written or edited a dozen books. He has been interviewed several hundred times by leading publications including the New York Times. Florida Trend Magazine the leading business magazine in Florida published a four page interview with him. Among Professor Thrall's books is the highly acclaimed and pioneering Business Geography and New Real Estate Analysis, published by Oxford University Press. His book provided the foundations and structure for the new Certified Commercial Investment Member (CCIM) 102 Real Estate Market Analysis, which he worked on with a team of leading academics and practitioners. He continues to work with CCIM and AI, in particular working with a team to present a day-long continuing credit seminar each year in conjunction with the ARES annual meeting. He recently received an award from Torto-Wheaton for "Best Real Estate Market Analysis." In the private sector he has executed real estate market analysis for over $1B in infill development, has been an expert witness certified in real estate and geographic information systems by State and Federal Courts on over $200M in litigation.

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Faculty Publications

Dr. Charles Bailey

Bailey, C.D, Scott, I. & Thoma, S.J. 2010. Revitalizing Accounting Ethics Research in the Neo-Kohlbergian Framework: Putting the DIT into Perspective. Behavioral Research in Accounting, 22(2), 1-26.

The authors review the main questions addressed in accounting ethics literature and assess the status of research on those questions. More importantly, they discuss how those issues fit into an overall model of ethical behavior and suggest a direction for future research. They conclude that research efforts have been narrowly focused and suggest several additional lines of research.

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