Business Students Aim to Make a Difference With E-Commerce Site

As the COVID-19 pandemic continues to reshape our world, more consumers have begun shopping online in greater numbers and frequency. A recent report showed United States customers bought over $183 billion in goods – all online – from March 2020 to February 2021. Although more and more people are buying products online, local merchants are not necessarily benefiting from this massive increase in online shopping.

Some College of Charleston students want to change that trend.

Read more at The College Today.

School of Business To Participate in Inaugural SC Innovates Pitch Competition

SC Innovates Pitch Competition College of Charleston School of Business

SC Innovates Pitch Competition College of Charleston School of Business

Innovation is a major key to entrepreneurial success, and it will be the name of the game at the first-ever SC Innovates Pitch Competition in November. The College of Charleston School of Business is partnering with more than a dozen South Carolina colleges and universities to spotlight students with promising business and social enterprise ideas during the state-wide contest.

CofC student-entrepreneurs will join their peers from across the Palmetto State as they pitch their business ideas to compete for $8,000 in cash prizes — all in the name of this year’s Global Entrepreneurship Week taking place Nov. 16 – 22.

Global Entrepreneurship Week is an international celebration of innovators who think outside of the box and bring ideas to life. Each November, the week’s 35,000+ events and activities reach millions of people in more than 170 countries. The week is celebrated annually at the School of Business through the School’s Center for Entrepreneurship. The center is the primary point of contact for entrepreneurship development at the College of Charleston. It supports students across all disciplines in developing an entrepreneurial mindset through experiential activities and resources.

Student teams participating in the competition may consist of one to three members enrolled in at least one credit at a South Carolina college/university during Fall 2020. Teams must pitch a new, independent student venture.

Up to 15 semifinalists will advance to the virtual finale on Wednesday, Nov. 18.

For questions, contact Dave Wyman, Ph.D., associate professor and director of the Center for Entrepreneurship, at wymandm@cofc.edu.

School of Business Named Official University Alliance Partner by CCIM Institute

The Commercial Real Estate Finance (CREF) program at the College of Charleston School of Business is raking in more career-boosting advantages for its ready-to-work students. Recently, the Certified Commercial Investment Member Institute (CCIM) named CofC’s School of Business a university alliance partner for its undergraduate real estate program.

Read More at The College Today.

School of Business Launches Mobile App to Bolster Student Engagement, Success

Don’t be alarmed if you see business students on their phones now more than ever. Despite the delayed start to in-person classes, the College of Charleston School of Business is still meeting students right where they are — on their cell phones.

On Tuesday, Aug. 25 — the first day of the fall 2020 semester — the School of Business went live with QUEST, the student engagement and professional development mobile application powered by Suitable.

“We’ve been working behind the scenes for two years to implement this new program that will provide the next level of student engagement opportunities for our business students,” says Cory Werkheiser, assistant director of career and professional development for the School of Business Student Success Center.

Read more at The College Today.

CofC MBA Waives Application Fee, GRE/GMAT Scores to Aid Applicants Impacted by COVID-19

The College of Charleston School of Business‘ one-year MBA program has changed their admissions requirements in response to COVID-19. The decision was made to ease the stress of the application process and to support professionals who have been laid off due to the pandemic.

Effective immediately, the nationally-ranked program has waived its $50 application fee. Additionally, GRE/GMAT test waivers are available upon request for qualified individuals. The general application deadline has also been extended to June 1, 2020.

According to a 2012 study by Stanford University, millennials who graduated during the Great Recession of 2008/2009, earned less, on average, over the next 10-15 years when compared to colleagues who graduated during a strong economy. To delay entry into the job market, could save a graduate nearly 30-40% in wage losses over a 10-year period. Now, more than ever, is the time for individuals to consider furthering their education.

“We understand the immense pressure that many are feeling during the COVID-19 crisis,” says MBA admissions director Seaton Brown. “Pursuing a graduate degree is a great option for those who have been laid off from their jobs or who are graduating into a recession.”

But the value of an MBA is strong in any economy. According to Keyana Russ, the College’s director of MBA employer relations and professional development, for mid-level managers or employees looking to fast track their careers, an MBA is the stamp of approval often needed to stand out in a competitive job market. And Brown agrees, “a bachelor’s degree is the new high school diploma. A master’s degree shows a prospective employer your commitment to the industry long term.”

The value of a Charleston MBA is enhanced by the executive network and professional development resources that the program provides to students across industries and job functions. And the proof is in the data. The College of Charleston MBA program was recently named first in the nation for job placement three months after graduation by U.S. News & World Report 2021 Edition. This is based on data provided by the 2019 cohort — whose average salary increased by 39% after graduation.

The College of Charleston School of Business continues to make decisions that help professionals to excel in their careers. Although COVID-19 has affected the local and national economy, the MBA program is committed to delivering a top-notch master’s education and post-graduate placement.

(School of) Business Partners feat. Marcia Snyder, MSc ’93

Sometimes life comes full circle. For the College of Charleston School of Business assistant dean of student learning and accreditation, Marcia Snyder, it certainly did. After graduating from CofC’s business school in 1993, she worked abroad in the U.K. only return to the b-school — this time as an employee. Recently Snyder was honored with the Howard F. Rudd Jr. Business Person of the Year Award for her significant contributions as a business leader to her profession, community and alma mater.

We sat down with Snyder to find out more about the award, her time at the College and how she chooses to make a difference in the lives of students.

We understand you went to the College! What was your time like as a student and what did you study?

As a student, I studied economics and was working full-time. It was sometimes brutal. Many times, I would be working 60 hours a week at the district office for BP Oil in addition to attending class. Going to school full time during that time was crazy.

In your opinion, how has the College and the School of Business changed since you attended?

There were a lot fewer students back then in the late 80’s and early 90’s. There also didn’t seem to be as many student organizations in the business school like there are now. Back then, students mostly went to class and did their work. Now there is a better level of student engagement outside of the classroom.

Can you tell us about your post-graduate career after leaving the College?

I graduated in 1993 and BP Oil had just closed their offices. My husband got transferred to London that same time, so the day after graduation I got on a plane and moved to London. While there, I went to graduate school at University College London. I enrolled in a graduate program for environmental economics and then I worked part time at the Navy offices in London.

Why did you decide to return to CofC?

My husband and I loved Charleston. We had previously moved here in 1980 and Charleston just became home to us. I couldn’t find employment when I got back to the States from London, but I knew I loved the College. I had a temporary position and then I started working in the Tate Center for Entrepreneurship. 

Could you describe your current role at the School of Business? What is your typical day like?

Currently, I am a senior instructor in the Department of Finance. I also teach economics and I am  the assistant dean for student learning and accreditation for the School of Business. Basically, I am the school’s chief accreditation officer. There’s not a typical day. There are days when I’m doing a lot of student advising since I advise most of the student-athletes who are in the business school. I also manage data for the school.

How is what you’re doing now different from what you thought you would be doing?

I never thought I would teach! When I first started college, I thought I wanted to be a biochemist; I wanted to be a researcher. I was good at science and I loved it. But after I took my first economics course at the College, I fell in love with it. One of our former chairs of the Economics department kept telling me that he wanted me to teach. He thought I would be good in the classroom and I kept saying I don’t think so. I would have never imagined me being a teacher. I learn so much from the students. It’s a two-way opportunity for learning.

How do you try to positively impact the lives of students?

During advising sessions, I get them to think about what they want to do in the future, what they are passionate about and where they see themselves. A lot of students don’t know all of those answers because they haven’t thought about it enough. If there’s one thing I can do, I want them to think about career options in terms of what they enjoy, not necessarily what they think they have to do. What brings passion into their lives? They can do both. I love advising and trying to open up their world. 

What did receiving the Howard F. Rudd Jr. Business Person of the Year Award during Fall Alumni Weekend mean to you?

I was humbled by it and so honored. Howard Rudd — the award’s namesake — was the first dean of the School of Business and he did so much for me. He was the one who hired me when I first came back from London and is such a kind person who cares about everyone. He was a visionary who was way before his time. He was the kind of person that I want to be.

What is your favorite thing about the School of Business?

The students — I love the students.