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The Southeastern Chamber of Commerce (SCC) recently recognized the College of Charleston School of Business MBA program for its excellence. The one-year MBA program was honored at the second annual Emerging Leaders Night on January 14 in North Charleston, S.C. for its personal commitment, dedication, and performance.

The evening celebrated leaders and companies within the Lowcountry and neighboring parts of the state. The Chamber honored more than 25 businesses including Key West Boats, Hyatt Hotel & Hyatt House, Nucor Steel, Fred Anderson Toyota and TD Bank.

College of Charleston One-Year MBA“This is a terrific endorsement of our MBA program, which continues to grow and mature,” said Jim Kindley, MBA program director.

The one-year, full-time global MBA program has focus areas in finance, marketing and hospitality revenue management, and is accredited by AACSB International.

The SCC is a nonprofit, membership organization dedicated to improving businesses and tourism throughout the Southeastern Region of the U.S. The North Charleston based organization has been connecting regional business owners, economic developers, educators, media and organizations since 2005.

“This is a powerful testament to the commitment of our faculty, staff and engaged students,” said Alan Shao, dean of the School of Business. “The MBA program is a cornerstone of the School of Business and we are honored to be recognized alongside leading companies in the Lowcountry.”

The SCC is comprised of regional business owners, economic development members, educators, media, community based organizations and decision makers with one common goal: To develop strategies and set policies to better serve all business interests throughout the Southeastern Region.

Forty-eight students in the College of Charleston School of Business MBA program departed for their global immersion destinations last week – half jetted to Chile and the rest headed to Panama. The study abroad trip is one of the requirements to earn the MBA degree in one year.

Students in Chile listen to a talk at at Antofagasta, the country's leading energy producer

Students in Chile listen to a talk at at Antofagasta, the country’s leading energy producer

Chile and Panama are both developing rapidly – economically, politically and culturally – making them ideal locations to study global business operations, market drivers, cultures, regulations and institutions. Both countries will be important players in the 21st century.

“Having students in these two distinct but emerging economies at the same time is a unique opportunity for them,” said Jim Kindley, director of the MBA program. “I’m looking forward to a dynamic dialogue among both groups upon their return.”

Students in Chile are immersed in the culture of Santiago, Chile’s capital and one of the largest cities in Latin America, and are learning about Chile’s business sector through site visits and meetings with:

  • Santiago Stock Exchange;
  • AgroSuper, a food industries holding company;
  • Vina Vintisquero, a winery in Valparaiso;
  • Antofagasta, a Chile-based bopper mining group;
  • Chilectra, the largest distribution company in Chile in terms of energy sold; and
  • StartUp Chile, a seed accelerator created by the Chilean government.

The group in Panama is getting a close-up look at the capital and financial center of the country by touring Panama City and embarking on a full-day Jungle Boat Tour to see the work being done to expand the Panama Canal. The itinerary includes meetings, tours and lectures at:

  • AmCham Panama, the American Chamber of Commerce Panama;

    Students in Panama met with executives from AmCham Panama where they were given company overviews, insights into Panama’s economic condition and involvement in Panama-U.S. trade relations.

    Students in Panama met with executives from AmCham Panama where they were given company overviews, insights into Panama’s economic condition and involvement in Panama-U.S. trade relations.

  • CitiBank;
  • AguaClara Expansion Project, a social enterprise devoted to expanding access to clean water throughout the country;
  • Manzanillo International Terminal, a distribution center for cargo destined for cities within Panama and nearby countries in Central America and the Caribbean;
  • Expert Global Solutions, the world’s largest privately owned Business Process Outsourcing company;
  • AES Energy, a Fortune 200 global power company;
  • Dell Panama; and
  • Trump Ocean Club International Hotel & Casino.

Previous MBA classes have studied in China, Vietnam, Dubai and Brazil. Several MBA graduates landed careers in those countries at places such as Anheuser Busch Inbev Vietnam and the State Grid Corporation of China in Shanghai.

[Related: Watch video highlights about previous years’ global immersion trips.]

See highlights from the students’ ten-day immersion trips on the School of Business MBA Facebook page.

Give To What You Love!

By Kate Caparisos
Posted on 5 January 2016 | 10:41 am

Every Valentine’s Day, we celebrate the people we love by giving them tokens of our affection. But what about the causes and initiatives we are passionate about?

This February, we’re giving you a chance to give to what you love at your business school. We are launching a month-long fundraising campaign that will allow you to enhance student outcomes by making a gift to support the “corner” of the School of Business that was most significant to you.

During this campaign, you will be invited to celebrate your department, a program or professional center, or the School of Business at large with a gift that is meaningful to you.  By joining with fellow alumni and friends, you will be ensuring that today’s business school students are provided ready-to-work preparation and BOUNDLESS opportunities.

So, when the month of love rolls around and you want to do more than candies and flowers, look out for the opportunity to #GiveToWhatYouLove.

If you’d like to learn more, or if you’re ready to give to what you love now, please contact Colby Rankin, director of development for the School of Business, at rankinc@cofc.edu or 843.953.3633.

Former College of Charleston president P. George Benson has been honored with the 2015 Outstanding Directors Award in the public company category by the Atlanta Business Chronicle and the National Association of Corporate Directors.

P. George Benson, Professor of Decision Sciences

Benson was celebrated at the third-annual Outstanding Directors Awards dinner on Wednesday, December 2 in Atlanta, Ga. for his significant contributions to Georgia-based Primerica Inc., one of the largest financial services marketing firms in North America.

Peter Schneider, president of Primerica Inc., nominated Benson, who was one of eight honorees selected by a panel of judges from the Atlanta chapter of the National Association of Corporate Directors.

In its third year, the 2015 Outstanding Directors Awards honors directors whose service to corporate boards has been exceptional. The winners are profiled in the December 4 issue of the Atlanta Business Chronicle.

Benson was elected to the Primerica board and appointed chair of the corporate governance committee in 2010, and became lead director in February 2014.

Schneider credited Benson with helping to shape the direction of the company using his expertise in corporate governance, decision theory, strategic planning, and quality management. Chief among his successes was the oversight of a complex, but very successful CEO succession that involved replacing two long-serving co-CEOs with one internal candidate. The complexities included gaining the support of investors, 100,000 sales representatives, and 2,000 employees.

“We’ve always known George to be a brilliant strategist, and it’s great to see his talents recognized by Primerica and this Outstanding Directors Award,” said Alan Shao, dean of the School of Business.

“Being an academician, a business practitioner, and a resident in both Georgia and South Carolina, one of my major goals has been to contribute to the economic growth and prosperity of our southeastern megalopolis, of which Atlanta is the hub,” said Benson. “Receiving this award from two important Atlanta organizations – the Atlanta Business Chronicle and the National Association of Corporate Directors – encourages me to redouble my economic development efforts.”

Benson served as president of the College of Charleston from 2007 to 2014 and helped expand undergraduate and graduate programs by establishing more than 30 new or revised degree and certificate programs. Most significantly, he launched the School of Business’ long sought-after one-year global MBA program in 2010.

He currently teaches business statistics at the School of Business. Previously, he served as dean of the University of Georgia’s Terry College of Business from 1998 to 2007 and as dean of the Rutgers Business School at Rutgers University from 1993 to 1998. He was a professor of decision sciences at the University of Minnesota from 1977 to 1993.

Benson is a native of Lewisburg, Pa. and holds a Ph.D. in business from the University of Florida and a B.S. in mathematics from Bucknell University. Besides Primerica, he is on the Boards of Directors of AGCO Corporation (Duluth, Ga.), Crawford & Company (Atlanta, Ga.), NBSC (Columbia, S.C.), and is Chairman of the Board of the Foundation for the Malcolm Baldrige National Quality Award.

Walking into the School of Business’ Beatty Center, your eyes are likely to be drawn to the glass classroom at the back of the Atrium, its presence made known by the blue and purple neon lights cascading through the windows. Students may be seen sitting casually on the desks, talking amongst each other while consulting their iPhones and Androids.

This classroom, once an underused computer lab, has been converted into a high-tech startup hub where a combination of lecture, design, coding, and business testing is taking place every day. This is the home of the College of Charleston’s ICAT Accelerator. Chris Starr, associate professor of information management, is the program’s director.

Funding from the School of Business’ Dean’s Excellence Fund helped support Starr’s vision to create a contemporary working and learning space that addressed the needs of our student entrepreneurs. This backing was a catalyst for ICAT – short for Interdisciplinary Center for Applied Technology – to fundraise an additional $500,000 to leverage excellence in experiential learning for undergraduate students.

“Students in business are enabled by a new level of technical agility and innovation as a direct result of the ICAT Accelerator program,” said Starr. “Their career path options are dramatically expanded by being nationally and, in some cases, even globally competitive.”

ICAT is a high-impact program based on a 14-week commercial accelerator experience for tech startups. A business student is paired with a computer science student and a liberal arts student to innovate and execute a minimum viable product with traction. By the end of the program, each student will have designed and implemented mobile apps for global distribution.

The success of the ICAT Accelerator is linked directly to donations, whether in the form of funding or mentoring to help bootstrap student products and services into potential commercial ventures.

To learn more about the ICAT Accelerator, visit icat.cofc.edu.

Business students and real estate professionals joined together for a webinar on the new ARGUS Enterprise Software™ at the College of Charleston School of Business. The webinar, hosted by the Carter Real Estate Center, was conducted by ARGUS-certified instructor Bob Rajewski who called in from Washington, D.C. on Friday, November 13.

argus

Students joined industry professionals for a three-hour webinar on ARGUS Enterprise Software™.

The three-hour workshop served as an introduction to ARGUS Enterprise (AE), a comprehensive asset and portfolio management system, which has become the industry standard in commercial real estate investment analysis and is used to project cash flow for office, industrial and retail properties.

Rajewski shared with students the fundamental use of AE within the real estate industry, while explaining the value of the software academically. Rajewski is a seasoned commercial real estate professional and professor of real estate at Johns Hopkins University.

ArgusFactSheet.qxdSchool of Business students have access to the ARGUS Software™ thanks to its licensing commitment to the College that allows up to 50 students to use the recently released AE software package during the 2015-2016 school year. Valued at over $1,147,500, this software is currently being used by both large and small real estate companies, particularly for large commercial real estate properties and investment portfolios.

“We are so pleased to be able to offer our students these types of opportunities that give them practical knowledge and a unique skillset. Having them learn from a seasoned real estate professional – alongside seasoned real estate professionals – allows for a more industry-relevant dialogue that is extremely beneficial to the students,” said Elaine Worzala, professor of real estate and executive director of the Carter Real Estate Center. “Being able to use ARGUS and apply it knowledgeably in today’s real estate industry improves our students’ job marketability.”

While the Carter Real Estate Center has hosted in-person ARGUS training workshops, this webinar is the first of its kind offered at the School of Business. The on-line setting allows for more flexibility and greater access to highly qualified ARGUS-certified instructors throughout the nation.

The Carter Real Estate Center brings together students, faculty, and industry leaders including alumni to develop further understanding of real estate knowledge, skills, and trends in the local industry and in targeted regions around the world.  The CREC builds relationships with the business community to support our students’ professional development while providing brokers, developers, investors, property owners, and other employers with talented, ready-to-work graduates.

School of Business professor Peter Calcagno visited Ottawa, Canada to lead a workshop encouraging academics to create research and student centers. Calcagno was invited by the Institute for Liberal Studies to direct the one-day workshop at its headquarters on October 31, 2015.

Due to the success of the School of Business’ Center for Public Choice and Market Process, Calcagno was chosen to present on topics including planning a Center, ways to be successful, improving and overcoming challenges and fundraising. Faculty across multiple disciplines from various Canadian colleges and universities attended the forum.

Peter Calcagno

Peter Calcagno, Professor of Economics and Director of the Center for Public Choice and Market Process

Calcagno, Ph.D., is a professor of economics and the director of the Center for Public Choice and Market Process.

“We’re thrilled that the Center for Public Choice and Market Process was recognized as a Center of Excellence, and that the success of the Center is known in wide circles including internationally,” said Calcagno. “I hope to motivate academics at other universities to start such centers.”

This is not the first time the Center for Public Choice and Market Process has been recognized internationally. In October 2012, the Atlas Economic Research Foundation selected the then Initiative for Public Choice and Market Process as a Templeton Freedom Award recipient. The Center was one of 16 winners representing 10 countries around the world.

The Initiative for Public Choice and Market Process was founded in 2008 with generous gifts from the BB&T Charitable Foundation and the Charles G. Koch Charitable Foundation, and was named a Center of Excellence in 2015. The Center advances the understanding of the economic, political and moral foundations of a free market economy. It supports the growth and development of teaching and research at the College of Charleston School of Business while engaging students and the greater Charleston business community.

The Institute for Liberal Studies was founded in 2006 to offer a non-partisan venue for the discussion of economics, philosophy, history and public policy in Canada.

One School of Business professor traveled to China to present tourism data on Charleston. Bing Pan, associate professor of hospitality and tourism management and head of research for the Office of Tourism Analysis spoke at the 2015 International Smart Tourism Conference. The inaugural e-tourism conference took place on October 17 and 18 in Hangzhou, China.

Bing Pan, Associate Professor and Head of Research in the Office of Tourism Analysis

Bing Pan, Associate Professor and Head of Research in the Office of Tourism Analysis

Pan’s talk titled “The Pros and Cons of Tourism Big Data” explores the effects tourism big data has on research on tourism in Charleston. He studied mobile phone data that represents one third of Charleston tourist population and measured the number of tourists and their behavior.

Big data in tourism, according to the Office of Tourism Analysis, is the digital traces left behind by visitors in various forms, including mobile phone data, search engine queries and transaction information, that can be used to provide better and more targeted services and experiences.

He found that tourism big data helps forecast tourist volume and hotel occupancy; big data can reveal more accurate visitor origins, hidden patterns, trends and provide highly customized experiences. However, it is costly to implement and legal, commercial, and privacy barriers prohibit its wide adoption.

Pan also explores “smart tourism,” which aims to enhance a tourist’s experience and help tourism organizations remain agile and effective.

“My collaboration with Charleston Area Convention and Visitors Bureau influenced my interests in tourism big data research,” said Pan.

pan

Bing Pan presenting at the International Smart Tourism Conference

Organized by Zhejiang University, China Tourist Attraction Association and The Hong Kong Polytechnic University, the forum provides a platform for e-Tourism experts, academics, and government officials to discuss recent developments in smart tourism worldwide. There is a high demand for tourism experts and this conference gives researchers the opportunity to collaborate.

This year’s theme “New Normal, New Travel, New Experience and New Paradigm,” attracted the likes of more than 700 participants. Key topics included social media, information technology and product innovation.

The International Smart Tourism Conference is supported by the Asia Pacific Programme of United Nations World Tourism Organization (UNWTO) and Pacific Asia Travel Association (PATA).

About the Office of Tourism Analysis
The Office of Tourism Analysis is part of the College of Charleston’s School of Business and is supported by industry and community leaders charged with proposing the office’s research priorities. The Office collaborates mainly with the Charleston Area Convention and Visitors Bureau to provide information for the hospitality and tourism industry throughout the Lowcountry.

Ten School of Business students from the Carter Real Estate Center were awarded scholarships for memberships to the Charleston Trident Association of Realtors® (CTAR) and Commercial Investment Division (CID).

The membership gives students access to more than 4,000 local Realtors® who represent a majority of the local and regional brokerages and development firms.  CID connects commercial real estate professionals in the Charleston area; annual memberships for the two groups is valued at more than $500.

“Networking is crucial for these students looking to launch their careers in real estate,” said Elaine Worzala, professor of real estate and executive director of the Carter Real Estate Center. “Building relationships with industry professionals allows students to understand the fundamentals of the business.”

This year’s recipients are:

  • Ameer Adawi, junior
  • Andrew John Braden, senior
  • Andrew McClam, senior
  • Jared Murphy, senior
  • Jeffrey Scott Brule, Jr., junior
  • Keith Gerard Henry, Jr., senior
  • Nicholas Allan Newsome, senior
  • Wilson Filogamo Jones, junior
  • Jarvis Vantez Washington, junior, has a license, current CTAR member
  • Nathan Ronald Barnett, senior, has a license, current CTAR member

The CTAR Student Membership scholarship is presented to 10 students who are seeking a graduate or undergraduate degree in real estate, have completed at least two years of college and one college-level real estate course, and are not yet associated with an established real estate office.

CTAR and CID members receive a multitude of benefits including free attendance to monthly Commercial Division luncheons, discounted member rates for events, programs and classes, discount on the pre-licensing course at CTAR, industry updates, and access to monthly market statistics reports.

The Carter Real Estate Center was a $1,000 bronze level sponsor at this year’s CID Commercial Market Forecast event on September 30. The student scholarship recipients attended.

The Charleston CID has been accredited as a member of the National Association of REALTORS® Commercial Alliance, which monitors legislative issues related to commercial real estate, offers members educational opportunities, and promotes professionalism.

 

About the School of Business
College of Charleston’s School of Business has 2,300 students enrolled in ready-to-work programs including eight undergraduate majors, an Honors Program in Business, several interdisciplinary minors, and two master’s programs in business and accountancy. The School of Business is recognized among the top 30 colleges for studying business abroad by the Business Research Guide. The faculty’s scholarly research expertise is steeped in areas such as supply chain management, cross-cultural marketing, executive leadership, hospitality and tourism, political economics, financial investment, bankruptcy, entrepreneurship, commercial real estate, and consumer research. Visit http://sb.cofc.edu to learn more about our students’ achievements, undergraduate and graduate programs, faculty, and Centers of Excellence.

 

 

The College of Charleston School of Business is set to participate in the Claritas® Investment Certificate Academic Program from Chartered Financial Analyst (CFA) Institute. The program will introduce students to the essentials of finance, ethics, and investments roles, providing coverage of the global investment industry.

The pilot program will launch in January 2016. The College is one of six participating universities around the world and three in the United States.

wwang2013Weishen Wang, finance department chair and associate professor of finance, is heading the program.

“We are excited to offer the Claritas Academic Program here at the School of Business because it is a great option for students — not limited to finance majors — seeking insights into the global investment industry,” said Wang. “The program is a great option for students who want to work for financial and investment service organizations in roles like IT, sales and marketing, human resources and customer service.”

The program is open to School of Business majors. Some prerequisite classes are required for the three-hour elective class. Upon completion of the program, students can opt in to take the CFA Institute sanctioned exam to receive the Claritas Investment Certificate.

The program allows students to raise their professional competence by understanding industry functions, relationships and roles, while gaining fundamental knowledge that will help them stand out in a competitive global job market. In addition, it lays the groundwork to prepare students for the Claritas Investment Certificate exam.

Students will receive the Claritas eBook free of charge. Five students will be awarded a scholarship to help reduce Claritas certificate exam costs by more than 50 percent.

The School of Business plans on offering the program to members of the business community in late 2016.

 

About the School of Business
College of Charleston’s School of Business has 2,300 students enrolled in ready-to-work programs including eight undergraduate majors, an Honors Program in Business, several interdisciplinary minors, and two master’s programs in business and accountancy. The School of Business is recognized among the top 30 colleges for studying business abroad by the Business Research Guide. The faculty’s scholarly research expertise is steeped in areas such as supply chain management, cross-cultural marketing, executive leadership, hospitality and tourism, political economics, financial investment, bankruptcy, entrepreneurship, commercial real estate, and consumer research. Visit http://sb.cofc.edu to learn more about our students’ achievements, undergraduate and graduate programs, faculty, and Centers of Excellence.

 

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