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November 2014 Broad Business eNews

The Spartan statue covered with snow on a winter day. Photo courtesy of Communications and Brand Strategy at Michigan State University.
November 2014
Alumni News

Grandparents University Dates Announced

Grandparents University brings together alumni and their grandchildren (ages 8–12) for a three-day educational experience in which they live in a residence hall, attend classes, and enjoy exploring campus together. MSU’s 2015 event has been scheduled for June 30–July 2, with registration expected to open in March 2015. Sign up for the mailing list to be reminded when registration opens.

Acting Dean Sanjay Gupta addresses the kickoff event for MSU's "Empower Extraordinary" capital campaign. Click to view a video of his remarks.

“Empower Extraordinary” Kicks Off with Broad Challenge

On October 24, MSU’s “Empower Extraordinary” capital campaign launched with a gala celebration at the Wharton Center, featuring remarks from Acting Dean Sanjay Gupta. At the event, a new gift from Eli and Edythe Broad was announced. The Broad Challenge grant provides $25 million in matching funds to help the college raise an additional $80 million toward a new state-of-the-art Pavilion, student scholarships, a new leadership talent fund, and programmatic support.

Alumni Board Members Host Employment Negotiation Event

Jessica Fields (MBA ’04) and Blaire Miller (MBA ’95), members of the Broad College Alumni Board, will host a Breakfast with Broad event on November 21, 7:30–9 a.m., at the Birmingham Country Club. “Negotiate a Higher Salary! Tips and Strategies for Women” is a free event, with breakfast pastries and hot beverages available. RSVP appreciated but not required.

Business at Broad

Businessweek Ranks Full-Time MBA No. 11 Among Publics, No. 6 in ROI

The recently released Businessweek ranking of full-time MBA programs ranked Broad’s MBA No. 33 overall and No. 11 among public universities, rising three places and continuing the trend of placing among the top 15 public institutions in all the major rankings. The program was also named No. 6 nationally for one-year ROI on an MBA degree.

Full-Time MBA students practice their improv skills at BroadWeek

BroadWeek Highlights Creativity and Innovation

Full-Time MBA students participated in two hands-on BroadWeek courses October 15–17. First-year students learned improv as a part of “Here Be Dragons: Building Creative Confidence.” Second-year students geared up to pitch MSU research-based business ideas as part of “Innovative Entrepreneurship.”

Mutual Fund Managers’ Results Lacking

A study by a finance professor has revealed that financial experts do not make higher returns on their own investments than untrained investors. The study looked at the private portfolios of mutual fund managers and found that they were surprisingly unsuccessful at outperforming nonprofessional investors.

EMBA Students Seek Answers to Homelessness, Hunger, Sustainable Energy

Executive MBA students have paired up with nonprofits across the state to tackle issues surrounding homelessness, hunger, and sustainable energy. These teams are bringing years of business experience and their Executive MBA education to bear on business problems that these nonprofits face but would often require expensive outside consultants to help examine and solve. Join these students on Saturday, November 15, as they present the result of their social impact projects. Concurrent presentations will take place in Troy at the Management Education Center and in East Lansing at the Henry Center, both noon–1 p.m.

Around MSU

Donors Support Athletics

MSU Athletics has received several generous gifts in the past month. Bob Skandalaris (BA Financial Administration ’74) and his wife Julie have provided $10 million toward facilities, while Peter Secchia (BA Economics ’63) and his wife Joan have donated $3 million toward the football and basketball programs.

Gender Affects Art Valuation

A marketing professor has found stark differences in how people of different sexes evaluate art for purchase. All participants in the study, especially men, focused on the artist’s background and authenticity. Women were more likely to attempt to try to evaluate the artwork itself.

Startup Weekend: Maker Edition Visits MSU

MSU hosted the Midwest’s first StartUp Weekend: Maker Edition October 6–12. During the event, local business incubators, museums, schools, and “maker spaces” opened their doors to the public to host interactive activities, workshops, lectures, and projects. The week culminated with teams developing ideas and forming startup companies in only 54 hours.

Your Global Business Network

Activate Your Alumni Directory Profile Today—Free of Charge

Get connected today with Spartans around the world in accounting, finance, hospitality business, management, marketing, and supply chain management. Activating your new profile is as easy as 1, 2, 3. Please use the following information when going through the process:

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Spartan helmet

Upcoming Events

Doing Business in Africa
November 14
8:30 a.m.–1:30 p.m.
Lansing, MI

Executive MBA Social Impact Showcase
November 15
Noon–1 p.m.
Troy, MI and East Lansing, MI

Breakfast with Broad: Negotiate a Higher Salary! Tips and Strategies for Women
November 21
7:30–9 a.m.
Birmingham, MI

Broad College Alumni & Friends Tailgate (MSU vs. Rutgers)
November 22
Time TBA
East Lansing, MI

FTMBA Exploration Program
December 6
9 a.m.–1 p.m.
East Lansing, MI

MSU Commencements
December 12–13
East Lansing, MI

The School Newest Alumni Reception
December 13
1–3 p.m.
East Lansing, MI

Broad pride point

In the first-ever U.S. News & World Report recent ranking of the “Best Global Universities,” MSU is ranked No. 23 in “Economics and Business.” More about the ranking

Michigan State University Eli Broad College of Business

Michigan State University

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