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How does the Cuban economy differ from the United States?

That was the question of the hour during the latest BB&T Free Market Speaker Series event put on by the Center for Public Choice and Market Process. The lecture featured Bill Trumbull, Ph.D., a professor of Economics at The Citadel and an authority on socialist and post-socialist economies.

The event, which dove into the complexities of the Cuban economy, incorporated Trumbull’s firsthand experiences in Cuba — where he takes his students on a 10-day fieldtrip each year.

Will McEwen ’20, one of the Center’s scholars, found the talk to be “thoroughly engaging” and pertinent to the discussion that is currently taking place about socialist economies.

Another scholar, Rachel Bradley ‘19, felt that the talk heightened her understanding of the Cuban economy and left her “more interested in the political factors behind the rise of [socialism] in Cuba and other nations.”

The BB&T lecture was hosted in conjunction with the College of Charleston’s Cuba on the Horizon program. An interdisciplinary initiative, Cuba on the Horizon investigates the relationship between the U.S. and Cuba and explores the rich history and culture of the Caribbean island nation.

About the Center for Public Choice & Market Process
The Center for Public Choice & Market Process was created in 2015 following the growth in programming of the Initiative for Public Choice and Market Process, which was founded in the fall of 2008. The Center advances the understanding of the economic, political and moral foundations of a free market society. The Center supports the growth and development of teaching and research at the College of Charleston School of Business while engaging students and the Charleston community. Visit the Center’s website or Facebook page, or contact Peter Calcagno, Center director, at ipcmp@cofc.edu or 843-953-4279 to learn more about events, programs, and funding opportunities.

 

The College of Charleston School of Business has partnered with local impact investment firm In Place Impact to host Impact Day, an educational event tailored for entrepreneurs who are interested in making a difference while making a profit.

The event will feature discussions around impact investing and corporate social responsibility from some of the biggest names in business, including Anita Zucker, CEO of The InterTech Group, and former Wall Street investment banker Darla Moore.

The CEO and financial industry leader are teaming up with In Place Impact founder and Impact Day organizer, Stuart Williams, to inspire other business leaders to think critically about how they invest their time and money.

But the day-long affair isn’t just for high-profile executives. A select group of CofC business students will participate in the event as well, showcasing the high-impact business models they have created through the School’s Interdisciplinary Center for Applied Technology (ICAT).

Williams, who serves as an ICAT instructor and School of Business Impact Entrepreneur-in-Residence, says his ultimate goal is to cultivate the next generation of impact entrepreneurs.

“By introducing impact entrepreneurship and investment curriculum into the classroom, we’re giving students the tools they need to build a more sustainable future for humanity and the environment that supports it,” says Williams. “Impact Day is purposed to expose Charleston to the incredible work being done on Impact at the School of Business, and to the exciting genre of impact investing in general.”

Dean of the School of Business, Alan Shao, is equally committed to fostering a culture of impact entrepreneurship at the College.

“Here at the business school, we strive to equip our students with the support they need to become successful and socially responsible business leaders,” says Shao. “Through initiatives like Impact Day, we are able to simultaneously reinforce that commitment and showcase the incredible, impactful work of our students.”

Impact Day will be held on Wednesday, March 28, 2018, and includes events at both the School of Business and the Gaillard Center. Platinum sponsors include Wells Fargo and Greystar; gold sponsors include The Montford Group; and participating sponsors include Be Earth Foundation Coastal Community Foundation, the College of Charleston Center for Entrepreneurship and the College of Charleston Carter Real Estate Center.

To learn more about this event, purchase tickets or become a sponsor, visit the Impact Day website. The deadline is March 14, 2018.

PVBLIC Foundation chairman and co-founder, Sergio Fernandez de Cordova will speak to the College of Charleston School of Business and members of the community on March 28 as a part of Impact Day.

De Cordova, an internationally renowned entrepreneur, investor and philanthropist, will discuss the intersection between social impact and financial prosperity, highlighting successful business models that align with the 17 sustainable development goals of the United Nations.

De Cordova has led a variety of private-public, impact-driven partnerships with leaders across the globe and currently serves as a delegate in the U.S. State Department’s entrepreneurship program. He is also a member of the Global Entrepreneurs Council of the United Nations.

Among several notable achievements, De Cordova was recently honored by the United Nations with the Global Social Impact Award, and was named one of Dell’s #Inspired 100 leading global influencers in entrepreneurship in 2012. The entrepreneurial pioneer has served on more than 20 boards and has been featured on CNN, ABC, Bloomberg TV and several other major news networks.

His lecture will be a part of the School’s George G. Spaulding Distinguished Executive Speaker Series — one of the many events slated for the inaugural Impact Day, presented by In Place Impact and the College of Charleston School of Business.

A day-long affair, Impact Day seeks to challenge local entrepreneurs to make Charleston a hub for businesses purposed to make a difference while making a profit. Participants will gain an understanding of impact investing, as well as the role the College of Charleston School of Business plays in creating the next wave of impact entrepreneurs.

De Cordova’s talk will be held at 2 p.m. on Wednesday, March 28 in the School of Business Wells Fargo Auditorium. The lecture is free and open to the public. Seating is limited. Those interested in attending are required to RSVP here.

Studies show that companies do most of their hiring during the first two months of the year. With businesses eager to bring on new talent, there’s no better time to spruce up your resume than now. That’s why the College of Charleston School of Business Student Success Center (SSC) is launching Resume Month this February.

Enter SSC’s Cory Werkheiser: assistant director of career and professional development and the man who’s making Resume Month happen. Poised to take students’ professional skills to the next level, Werkheiser wants to make sure all resumes from our business students are blunder-proof.

We sat down with the career guru to talk a little about the do’s (and don’ts) of a well-done resume.

 

Q: Being the assistant director of career and professional development, I’m sure you’ve seen a ton of resumes — the good and the bad. Is there anything you wish students would leave off of their resumes?

A: Coffee stains. Actually, most of the time I assist students with adding things they never thought of including like volunteer experience or details about study abroad programs.

Q: What’s the best funky font to include on your resume?

A: If you are using the word funky to describe your resume font you’ve already failed… Keep it simple Calibri or Arial. Times New Roman if you insist on having letters with serifs.

Q: Some students are discouraged by the brevity of their resumes. What advice do you have for Cougars with less professional experience?

A: Get involved! Join clubs and professional organizations related to your major/minor. Volunteer with organizations that support your interests or hobbies. Look for opportunities to job shadow or intern to gain experience, and seek out leadership positions whenever possible. All of this enhances your resume and expands your professional network.

Q: We all want to secure our dream job. What’s a major resume DON’T? On the flip-side, what’s one thing students should never leave off of their resume?

A: Don’t add any kind of picture or clip art. Always include accurate, up-to-date contact information.

Q: Is it okay to include jobs and extracurricular activities from high school?

A: Rarely, but I review that with the student on a case-by-case basis.

Q: So, your killer resume just got you an interview. What should you never leave home without when meeting with a potential employer for the first time?

A: A hard copy list (don’t trust your phone!) of the following details: When you are meeting, where the interview is located, and with whom you are meeting. And a breath mint!

Q: Any last words?

A: Using statistical data that I just made up, 98.3% of resumes have something that needs to be corrected, added, or removed. Simple spelling or grammar errors can be the single factor that removes you from consideration. Get the resume reviewed, reviewed, and reviewed!

 

Stop by the Student Success Center (Beatty Center, Suite 100) anytime this month to  have your resume revamped for success. And, be sure to follow the SSC on Instagram, at @cofc_sb_ssc!

The College’s former president, P. George Benson, Ph.D., who currently teaches supply chain classes at the College of Charleston School of Business, has been re-elected as chairman of the Foundation for the Malcolm Baldridge National Quality Award for the third consecutive year.

Hailing from Lewisburg, Pennsylvania — home of his alma mater Bucknell University — Benson has an impressive background in higher education.

During his tenure as the 21st president of the College of Charleston, Benson launched the R.E.A.C.H. program, hired a chief diversity officer and established a North Campus to accommodate the growing campus community, among several other achievements.

Ever caught a ride on the Cougar Shuttle or received a Cougar Alert on your phone? You can thank Benson for that. He also acquired state approval for our one-year MBA program, now playing a definitive role in taking business professionals to the next level.

In addition to serving on the board of directors of several companies, including the Baldrige Foundation, he has served as the dean of the University of Georgia Terry College of Business and Rutgers University Business School.  Benson will also be the master of ceremonies for the Malcolm Baldrige National Quality Award Ceremony during the 2018 Quest for Excellence Conference in Baltimore, Maryland on April 8, 2018. This is his sixth and final year as chair of the Foundation and master of ceremonies of the award ceremony.

Benson currently serves on the board alongside William Troy, CEO of the American Society for Quality; Scott McIntyre, president and CEO of PwC Public Sector; and Tony Scott, former CIO of the United States government, among several other industry powerhouses.

The School of Business at the College of Charleston remains a top competitor in the world of higher education. The School’s international business undergraduate program earned the No. 2 spot on the Schools.com list, Best Colleges for International Business Degree Programs, preceding Georgetown University and the University of South Carolina.

The four-year colleges on the list were ranked based on a variety of factors including accessibility, graduation rate, size of program and student-to-faculty ratio. One of only a few international business degree programs in the Southeast, the nationally renowned program provides students with a multi-dimensional and applied-learning perspective. International business students at the College have one-of-a-kind resources available to them including the Global Resource Center and instruction from world-class faculty who helped the School rank No. 1 in the world for the most Certified Global Business Professionals.

“This recognition exemplifies the dynamic global learning programming we have here at the School of Business,” says Alan T Shao, dean of the School of Business. “It is also a culmination of our faculty’s dedication to preparing ready-to-work business leaders of tomorrow for a global market, and our students’ commitment to excellence.”

Students in the program must minor in a foreign language, regional or global area of study. Additionally, they must study abroad for some portion of their degree. Upon completing the program, graduates are able to successfully navigate a globally competitive business world.

The College of Charleston School of Business has more than 3,000 students enrolled in ready-to-work programs including nine undergraduate majors, 10 minors and six concentration areas, an Honors Program in Business, and 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. It has several Centers of Excellence and initiatives that support specific industries, conduct research and help to strengthen ties with the global business community. The Centers and initiatives also advance the educational experience and understanding of business students in a variety of specialty areas, including real estate, entrepreneurship, global business, economics and tourism.

To learn more about our students’ achievements, undergraduate and graduate programs, faculty and Centers of Excellence, please visit sb.cofc.edu.

 

Renowned entrepreneur and South Carolina African American Chamber of Commerce chairman, Stephen Gilchrist, stopped by the School of Business on Wednesday, Nov. 15 as part of Global Entrepreneurship Week.

Gilchrist, a Greenwood, South Carolina native, spoke with students about his journey to success as the founder and CEO of GSL Distributors and shared some advice with the aspiring young entrepreneurs. Here are his top tips:

  1. Find something you love and stick to it. Do something that excites you – something that makes it easy to wake up on a Monday morning.
  2. Always begin with the end in mind. It’s best to have a good idea of what your finished product will look like before you dive into a challenge.
  3. Forget about networking – make friends with everyone you meet. Friends will take you places networking can’t.
  4. Avoid setting “safe” goals. Challenge and push yourself beyond your wildest expectations.
  5. Pay attention in class. Last but not least – listen to your professors! The practical insight and experience your professors have to offer will save your life in the real world. Though sometimes, what you’re learning may only seem applicable in the classroom, that is often never the case.

Want to hear more from Gilchrist’s talk? Check out the video below!

 

 

 

 

The numbers are in, and the Hospitality and Tourism Management (HTMT) program in the College of Charleston School of Business has further established itself as a national and global leader in its field.

Recently, ShanghaiRanking named the College a top institution (51st in the world) for HTMT in the 2017 Academic Ranking of World Universities.

The program is also ranked in the nation’s top 25, situating the school in the company of Penn State, Purdue, and Virginia Tech.

Hailed as a program that takes a practical approach to real industry dilemmas, the School’s HTMT faculty provide students with the opportunity to explore the many facets of hospitality in Charleston — Travel + Leisure’s No. 1 City in the United States and Canada.

Notably, the program earned a high Citation Impact score, reigning in at 18th place globally, and 4th place nationally. The score, calculated based on the quantity and quality of the program’s research output, takes into account how often the research is utilized and cited by others in academia and beyond.

Additionally, the program made the Top Journals list, tying for 50th place in the world, and 15th place in the U.S. The Top Journals ranking signifies the volume and quality of journalistic papers produced in the program.

HTMT faculty publish research in a variety of industry publications such as the International Journal of Contemporary Hospitality Management and the Journal of Vacation Marketing.

Out of the U.S. schools that have hospitality and tourism departments, the College ranks No. 4 behind Cornell University, Virginia Tech and Washington State University.

To view the full list of the 2017 Academic Ranking of World Universities, click here.

With six academic departments and more than 25 major combinations, the School of Business is a force to be reckoned with, according to Princeton Review’s 2018 “Great Schools List.”

Every year, The Princeton Review curates a list of the most outstanding schools for 20 of the highest-enrolled undergraduate majors. Princeton researchers analyze several variables including academic rigor, demographics and life on campus to identify the best institutions offering these majors.

This year for their “Great Schools for 20 of the Most Popular Undergraduate Majors” list, the School of Business at the College of Charleston made the cut for accounting and business.

In addition to these majors, the College of Charleston School of Business offers seven other undergraduate majors, an honors program, 10 interdisciplinary minors, six areas of concentration, a Master of Science in Accountancy and a one-year MBA program.

The School boasts academic programs that prepare socially responsible, ready-to-work professionals and world-class faculty dedicated to teaching excellence — and the College at large shares this commitment.

According to The Princeton Review, the College is “the perfect mix of urban and small town,” and “is a place where everyone’s unique [talent] or interest can shine through and be fostered for growth.”

The Review ranks the College No. 18 in the nation on the list of schools in the “Best Career Services” category; No. 14 in “The Best College Cities” category and No. 17 for “Most Politically Active Students.”

The College was also listed as a top-notch school to attend for our biology and communication programs as well.

The list rankings prove that the oldest municipal college in America, and the Palmetto State as a whole, remains a relevant and competitive powerhouse in higher education.

On Friday, Nov. 17, the School of Business Carter Real Estate Center will recognize its first Real Estate Entrepreneur of the Year: founder, chairman and CEO of Greystar, Bob Faith.

Under Faith’s leadership, Greystar has nearly tripled in size. What started as a small operation with a few people on board, has grown into a major global real estate company.

Among the company’s many accolades are its statuses as the largest apartment manager in the nation and largest multifamily manager in the world.

Before launching Greystar, Faith co-founded Starwood Capital Group and founded Homegate Hospitality. He also served as the South Carolina Secretary of Commerce from 2002 to 2006.

Faith received his bachelor of science in petroleum engineering from the University of Oklahoma and his masters in business administration from Harvard Business School.

The Greystar CEO will be joined by other local innovators at the event, including owner and president of Baker Motor Company, Tommy Baker. Baker will kick off the evening with a keynote speech addressing how entrepreneurship can effect positive change within the real estate community in Charleston and around the world.

Baker Motor Company, which was started more than 25 years ago, is Charleston’s largest automotive dealership with more than 20 locations on the peninsula.

The event begins at 4 p.m. and will be held in the Wells Fargo Auditorium of the Beatty Center at the School of Business. Click here to RSVP.

 

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