Category: Undergraduate Students

Dean’s Speaker Series: The World Economy in Crisis

December 1st, 2011 in Dean Freeman, Dean's Speaker Series, Lifelong Learning, News, Undergraduate Students, Video

On November 8, 2011, Boston University School of Management hosted the first event in this year’s Dean’s Speaker Series, “The World Economy in Crisis: Debt, Double-dip, Employment Outlook – What Happens Next?”

The event featured a panel of experts discussing the state of the world economy and its effect on business, globalization, employment, and international relations. Much of the discussion was driven by questions from the audience.

Panelists included:

Jeffrey L. Knight, Head of Global Asset Allocation, Putnam Investments
Lawrence Kotlikoff, Professor, Department of Economics
Michael Salinger, Professor, Markets, Public Policy & Law
John Zhao, CEO of Hony Capital

Boston University School of Management Dean Ken Freeman moderated the event.

On November 8, 2011, Boston University School of Management hosted the first event in this year’s Dean’s Speaker Series, “The World Economy in Crisis: Debt, Double-dip, Employment Outlook – What Happens Next?” The event featured a panel of experts discussing the state of the world economy and its effects on business, globalization, employment, and international relations. Much of the discussion was driven by questions from the audience.

Undergrad Team Takes Top Place at Two New Concept Competitions

November 7th, 2011 in Entrepreneurship, News, Students, Undergraduate Students

ArtCereal Credits School of Management Training for Competitive Success

ArtCerealThe School of Management (SMG) undergraduates behind the new creative venture ArtCereal have taken top prize at the Boston Startup Weekend and in the Terrier Trap $1K Concept Competition both held recently at Boston University to support entrepreneurs in refining new business concepts.

ArtCereal offers a student art brokerage website, connecting student artwork with buyers. The team behind the idea includes Alessandro Cetera (Marketing and International Management, SMG ’12), John DeFelice (General Management, SMG ’12), Clara Luo (Finance & Marketing, SMG ’12), Dan Stalls (International Management, SMG ’13), Olivia Wilson (Marketing & Entrepreneurship, SMG ’14), and Max Veggeberg (Entrepreneurship, SMG ’12), as well as Nilesh Khaitan (CAS/ENG, ’15), and Arnaud Rouyer and Jenny Ha from beyond BU.

ArtCereal’s Mission: Bringing a Simple Solution to a Nationwide Problem

Says the ArtCereal team, “We wanted to build a business that could provide artists with a platform to showcase and sell their artwork to the community. Many of us have friends who are art majors and often had to throw out or give away paintings because they could no longer store them. Our goal was to take a nationwide problem and develop a simple solution that could become a viable business. Our mission is to make art accessible to everyone and create a marketplace for beautiful, original, and affordable art.”

“After going through SMG’s CORE, we knew what tasks had to be prioritized and how to properly delegate work among team members in order to be efficient.”

About the Competitions: Supporting Entrepreneurs in Refining New Product Concepts

The Boston Startup Weekend was held October 14-16. Participants were given 54 hours to develop a commercial case around a new product in the creative industries.  Each team was challenged to construct the framework of their proposed new business, build a web or application presence for it, and present their initiative to a panel of judges drawn from the local startup community. Pitches were judged on three criteria: viability of the business model, execution of presentation, and strategic targeting of customers. In addition to noting ArtCeral’s excellence in each of these areas, the judges also praised ArtCereal for its innovation in filling an untapped market niche.

The Terrier Trap $1K Business Concept Competition, also held on October 14, is another Boston University initiative designed to help students learn about the process of formulating and refining an entrepreneurial idea.  Teams presented their business plans to a group of resource experts from the university and local business community, who judged  for the commercial potential for the concept, evidence of sound strategic thinking, and quality of written and oral presentation.

Tapping Lessons Learned in the SMG Classroom and Beyond

“Also from our SMG experience, we had a good general sense of how different aspects of a business need to function and work together.”

“Because we only had 54 hours to develop a brief business plan” for the Boston Startup Weekend, says the ArtCereal team, “it was extremely important to have good time management, project organization, and team communication. After going through [the SMG required curriculum] CORE, we knew what tasks had to be prioritized and how to properly delegate work among  team members in order to be efficient. We were able to quickly divide into subgroups and had an organized process of what fundamentals needed to be done first, such as market research, defining our target markets, surveys, etc.  Also from our SMG experience, we had a good general sense of how different aspects of a business need to function and work together.”

As for what they learned from competing in both events, the team reports, “We saw the importance of having a strong vision and story, and being able to communicate these effectively. Since we had such little time, we had to make sure we stayed focused and kept our vision simple but intriguing, while keeping the communication and team workflow going.”

“We also found it very important to just have fun,” team members add, “especially if what you are doing is going to take up your whole weekend!”

Learn more about ArtCereal.

Undergraduates Honored by Financial Executives International

October 21st, 2011 in Students, Undergraduate Students

Amit Singh (BSBA '12) and Vladimir Groysman (BSBA '12)

Amit Singh (BSBA '12) and Vladimir Groysman (BSBA '12)

Two Boston University School of Management seniors have been recognized by the Boston Chapter of Financial Executives International (FEI) as 2011 Scholarship winners: Amit Singh and Vladimir Groysman.

FEI is an organization of senior financial managers providing professional development, technical research, and public policy input to managers in the field. All students at local Boston universities who are majoring in accounting, finance, or economics are eligible to compete for the scholarships, which recognize not only outstanding academic performance but also leadership and extracurricular achievement in school and community activities, sports, and work.

Congratulations to Amit and Vladimir on this impressive achievement.

BU’s Delta Sigma Pi Designated Top Chapter in New England, Again

October 4th, 2011 in News, Students, Undergraduate Students

Only One Across Entire Region To Be Named “Chapter of Excellence”

BU's Delta Sigma Pi Designated Top Chapter in New England, Again

Delta Sigma Pi Gamma

Boston University’s Delta Sigma Pi Gamma has once again been designated a “Chapter of Excellence” by the organization’s national office.  In achieving this status for the second year in a row, it becomes the only chapter in all of New England, and one of only 32 out of 213 across the entire US, to be so honored.

Delta Sigma Pi is a nationwide business fraternity, comprised of men and women who aim to “foster the study of business in universities; to encourage scholarship, social activity and the association of students for their mutual advancement by research and practice; to promote closer affiliation between the commercial world and students of commerce; and to further a higher standard of commercial ethics and culture and the civic and commercial welfare of the community.”

“Of all the chapters in New England, [BU's] is the only one to achieve ‘excellence’….and only one of two chapters in the province (out of 50) to reach this mark two years in a row….The BU chapter is still the talk of the town.”– Bryon Goguen, District Director, Delta Sigma Pi

A History of Leading the Curve

The Boston University chapter is known as Delta Sigma Pi Gamma because of its status as the third chapter in the entire nation to be inaugurated after the fraternity was founded in 1907—relfected by Gamma being the third letter of the Greek alphabet.

Although the BU chapter became dormant in the early 1990s, it was recently resurrected by student Jennifer Waxberg (BSBA ’08), and in fall 2009, it initiated 44 founding “brothers” from students pursuing degrees in business administration at the University’s School of Management, as well as in economics at the College of Arts and Sciences. This recent renewal of activity renders its accelerated achievement as a “Chapter of Excellence” even more impressive.

“When other chapters are struggling, their district directors seek advice from me as to how Gamma has been able to do so well .”– Bryon Goguen, District Director, Delta Sigma Pi

High Standards, Consistent Achievement, and a Reputation for Excellence

Of  Boston University’s Gamma “Chapter of Excellence” status, Delta Sigma Pi District Director Bryon Goguen says, “This designation signifies that the chapter achieved approval in every area required and also completed and attained approval on more than the minimum recommended optional reports, events, and submissions available to them.

“Of all the chapters in the New England region, Gamma is the only one to achieve ‘excellence’….As a chapter they started the past school year with the goal of achieving the ‘excellence’ level, and they have accomplished their goal.

“I’m incredibly proud of them but not surprised at their commitment or ability to achieve this honor. I am always amazed at the high standard that they hold themselves to and the level of competitiveness they can sustain.”– Bryon Goguen, District Director, Delta Sigma Pi

“I’m incredibly proud of them but am not surprised at their commitment or ability to achieve this honor.  I am always amazed at the high standard that they hold themselves to and the level of competitiveness that they can sustain.  But what I was happy to see most is that they were able to work together to achieve their goal.  They…have garnered a lot of attention from the central office of our fraternity; they are well respected and with this distinction will continue to be looked upon as a leader in our region and province.

“The students do such great work and have such a reputation that when other chapters are struggling, their district directors seek advice from me as to how Gamma has been able to do so well.  It’s a great feeling for me to be associated with them and to take part in their success. I love to see how gifted they are and how much they grow from one year to the next. It’s really what keeps me so involved as an alumni.”

Top Undergraduate Teams Present Product Development Projects to McGraw-Hill/Irwin Executives

July 27th, 2011 in Students, Undergraduate Students

The Swap ‘n Skate Team: From left - Nipun Patel, Ashley Rosenkranz, Stephanie Corral, Michael Golen, Mugdha Kalvade, Jesse Hertz, Dipali Patel, Alyssa Callahan, Mohammad Kamaly

The Swap ‘n Skate Team: From left - Nipun Patel, Ashley Rosenkranz, Stephanie Corral, Michael Golen, Mugdha Kalvade, Jesse Hertz, Dipali Patel, Alyssa Callahan, Mohammad Kamaly

Boston University School of Management (SMG) hosted its 15th New Product Challenge on Tuesday March 22, 2011.  The SM323/McGraw-Hill Irwin New Product Challenge is one of the highlights of The School of Management Undergraduate Award-Winning Core Program. SMG’s SM323 (also known as ‘The Core’) set of courses is one of the key elements differentiating the BU School of Management’s Undergraduate curriculum.  Four functional courses — marketing, operations, information systems and finance — are integrated into a unique, one-semester sequence through a semester-long project focused on new product development.

The SM323 project is the cornerstone of the course and has been designed to allow students to:

  • Work in teams to design the product by assessing customer needs and markets
  • Develop marketing plans to sell their product
  • Develop operations processes and information systems to support their product
  • Understand the risks involved in implementing and financing the project

The Challenge occurs each spring to recognize the top Core teams.  Each year, the SM323 faculty nominates projects from approximately eighty SM323 plans. McGraw-Hill Irwin selects three finalists who present their plans, then select the winning team. Members of the winning team receive prizes and their name on the SM323/McGraw-Hill Irwin New Product Challenge trophy.

The 2011 New Product Challenge Judges:

  • Jay Chakrapani, VP and General Manager, McGraw Hill Higher Education Digital
  • Rob Zwettler, VP Marketing, McGraw-Hill/Irwin
  • Ian Mashiter, Lecturer Strategy & Innovation
  • Paul McManus, Executive-in-Residence; Managing Director ITEC

The 2011 New Product Challenge Winners: Congratulations to the Swap ‘n Skate team!

The 2011 New Product Challenge Teams:

Swap ‘n Skate

Swap ‘n Skate is an innovative children’s skate system that allows interchangeability between ice skates and inline skates. It consists of a hard plastic boot with mesh foam inner lining that provides durability and comfort. On the bottom of the boot, a stainless steel track assembly with a custom steel locking mechanism will lock in the inline skate wheels and ice skate blades to ensure the safety of the user. This assembly enables children to switch from one mode of skating to the other with ease, allowing for multi-seasonal fun.

Swap ‘n Skate team: Alyssa Callahan, Stephanie Corral, Michael Golen, Jesse Hertz, Mugdha Kalvade, Mohammad Kamaly, Dipali Patel, Nipun Patel, Ashley Rosenkranz

Faculty advisors:  Jeff Allen, Ted Chadwick, Jonathan Hibbard, John Neale

Simply Exotic

Simply Exotic is a recipe set that includes all the non-perishable ingredients for an authentic gourmet meal for two, with a focus on popular ethnic cuisines. Simply Exotic allows adventurous cooks to experiment with different foods without acquiring rare, high-end spices. Included in each kit are pre-measured ingredients, a shopping list of the fresh ingredients needed, and a manual that consists of step-by-step cooking instructions and a card with cultural facts. Simply Exotic provides a unique cooking and cultural experience for a quick and healthy homemade meal while eliminating wasted ingredients.

Simply Exotic team: Hanson Chen, Wei (Kate) Fang, Simoni Shah, Michael Stone, Achal Chauhan, Brian Yip, Leah Rizkallah, Jesse Tan-Alper

Faculty advisors: Kathryn Griner, Deb Utter, Jim Freedman, Ellen DiResta

Smart Halt

Smart Halt is a pneumatic nail gun that has an electronic detection system which recognizes skin, and disengages a firing mechanism within milliseconds. The Smart Halt prevents accidental nail gun injuries. Smart Halt consists of three key components: the nail gun, the capacitive sensor, and the digital signal processor. This nail gun is a standard nail gun with the same power, speed, and longevity as a conventional nail gun. Smart Halt is undeniably safer than conventional nail guns, and competitive in speed, power and durability.

Smart Halt team: Alexandria Kemp, Andia Vokshi, Christina Peterson, Dawn DaSilva, Hadi Makkawi, Noam Newman, Thomas Avery, Wesley Black

Faculty advisors: Paul Morrison, Duane Lefevre, Don Santini, Bin Zhu

Students Give Good Cheer (and 45 Gifts) Through Frosty’s Friends

January 11th, 2011 in Students, Undergraduate Students

Student Government officers wrap gifts for Frosty's Friends

Student Government officers wrap gifts for Frosty's Friends

This holiday season, the SMG Student Government once again participated in the Boston Cares Frosty’s Friends program. Forty-five children from both the Boys and Girls Club of America in Cambridge and an early education center in Everett wrote letters to Frosty with a holiday gift wish, which SMG students, faculty, and staff then fulfilled.

At the December 8, 2010, Student Government meeting, officers spread  holiday cheer by wrapping gifts and getting them ready to be delivered before the end of the semester.

Are You Preparing for a Future in Finance?

January 10th, 2011 in Alumni, Career Related, Finance, Students, Undergraduate Students

Tips on Conducting a Job Search, Networking, and Knowing Your Terms

Highlights from the Recent Undergraduate Finance Career Conference

pamphlet

In Fall 2010, the Feld Career Center at Boston University School of Management sponsored the conference “Your Future in Finance.” A response to today’s increasingly challenging recruiting environment, this event was designed to: 1) help undergraduate students, specifically those interested in pursuing a career in finance, become more employable, and 2) build bonds between current students and some of  SMG’s most successful alumni in this field.

Twenty-five young alumni returned to campus for the conference, leading multiple workshops for 60 undergraduate students.  The event also included a keynote address by Mark Casady, Chairman & CEO LPL Financial, Inc.; talks by School of Management Dean Kenneth Freeman and MSIM Director Scott Stewart; a networking lunch; and a cocktail reception.

See conference slideshow

Miss the Conference? You Can Still Gain the Knowledge:

Conducting a Job Search & How to Build Your Network

Highlights:

  • Effective job-search research: Do you have your communication strategy in place?
  • Your successful resume: Have you quantified your accomplishments?
  • Preparing for the company presentation: Have you prepared your own questions in a savvy way?
  • Conducting an information interview: What’s the proper protocol?
  • Building your network: Have you diversified effectively?

Techniques in Finance & Valuation

Highlights:

  • What to do if an interviewer asks you how you would evaluate a particular stock
  • What are valuation, comparables, multiples, discounted cash flows, etc?
  • Do you know why valuation is important?
  • Setting up a Discounted Cash Flow (DCF) model

Student Will Cox, FYSOP Coordinator, Discusses Urban Renewal

January 3rd, 2011 in Student Activities, Students, Undergraduate Students

First Year Student Outreach Project (FYSOP) coordinators Will Cox (SMG ’12) and Katy Ruderman (SED ’12), and volunteers Rebecca Brown (CFA ’14) and Andrew Wasserstein (COM ’14), talk about FYSOP’s latest volunteer addition: urban renewal.

In particular, Cox discusses fixing a gap in the FYSOP model to better support urban renewal and the City of Boston.

(Photos by Kalman Zabarsky)

Undergraduate Entrepreneurs Win Business Concept Competition

November 3rd, 2010 in Entrepreneurship, School, Students, Undergraduate Students

itecITEC Supports Young Entrepreneurs with Mentoring and $1K in Funding

The Institute for Technology Entrepreneurship & Commercialization (ITEC) at Boston University School of Management has announced the three winners of the BU $1K Business Concept Competition, held on Friday, October 15, 2010. Each winning team will get the chance to work with an assigned business mentor, who will help them further refine their business plan, and have access to $1,000 in funding to turn their concept into reality.

Each winning team will work with an assigned business mentor to further refine their business plan and have access to $1,000 in funding to turn their concept into reality.

Congratulations to the following Boston University undergraduate teams:

Band Over Boston, presented by Cullen Corley (CAS, ’13/’14)

The concept is to create a portal to Boston’s vibrant local music scene, principally by streaming local music at cafes and Wi-Fi hotspots around Boston and creating a website based around a library of all-local music.  Location-specific playlists for cafes and other venues will simultaneously serve as brand enhancement for local and independent businesses, make them a destination for a new clientele, and support local music.

The QuickStick, presented by Michael Peerless (SMG ’11), Jeffrey Sakowicz, and Gregory Tavolacci

The QuickStick provides a simple and affordable tool for computer illiterate individuals (with a focus on baby boomers) who are frustrated with the speed and lack of responsiveness of their computer. The product will feature a software solution using a USB device as opposed to a CD, making the product a fast, inexpensive, and easy alternative for the end user.

Urban Electronics Games, presented by John Wolff (CAS ’12), Antoine Vo (CAS ’11), and Megan Hacker (CAS ’10)

Urban Electronics Games (UEgames) is an independent video game studio. Its focus is to develop and evaluate new or existing game components to see how they can attract potential gamers. At UEgames, players/customers have an active, open role in development, so that the (development) team can simultaneously learn what its customers want to play and what will attract them to future games.

BU’s Delta Sigma Pi is Designated Top Chapter in New England

September 10th, 2010 in Students, Undergraduate Students

Only One Across Entire Region To Be Named “Chapter of Excellence”

Delta Sigma Pi GammaBoston University’s Delta Sigma Pi Gamma has been designated a “Chapter of Excellence” by the organization’s national office.  In achieving this status, it becomes the only chapter in all of New England, and one of only 39 out of 250 across the entire US, to be so honored.

Delta Sigma Pi is a nationwide business fraternity, comprised of men and women who aim to “foster the study of business in universities; to encourage scholarship, social activity and the association of students for their mutual advancement by research and practice; to promote closer affiliation between the commercial world and students of commerce; and to further a higher standard of commercial ethics and culture and the civic and commercial welfare of the community.”

“Of all the chapters in the New England region, Gamma is the only one to achieve ‘excellence’….They started the school year with the goal of achieving the ‘excellence’ level, and they have accomplished their goal.”

– Bryon Goguen, District Director, Delta Sigma Pi

A History of Leading the Curve

The Boston University chapter is known as Delta Sigma Pi Gamma because of its status as the third chapter in the entire nation to be inaugurated after the fraternity was founded in 1907—relfected by Gamma being the third letter of the Greek alphabet.

Although the BU chapter became dormant in the early 1990s, it was recently resurrected by student Jennifer Waxberg (BSBA ’08), and in fall 2009, it initiated 44 founding “brothers” from students pursuing degrees in business administration at the University’s School of Management, as well as in economics at the College of Arts and Sciences. This recent renewal of activity renders its accelerated achievement as a “Chapter of Excellence” even more impressive.

“When other chapters are struggling, their district directors seek advice from me as to how Gamma has been able to do so well .”

– Bryon Goguen, District Director, Delta Sigma Pi

High Standards, Consistent Achievement, and a Reputation for Excellence

Of  Boston University’s Gamma “Chapter of Excellence” status, Delta Sigma Pi District Director Bryon Goguen says, “This designation signifies that the chapter achieved approval in every area required and also completed and attained approval on more than the minimum recommended optional reports, events, and submissions available to them.

“Of all the chapters in the New England region, Gamma is the only one to achieve ‘excellence’….As a chapter they started the past school year with the goal of achieving the ‘excellence’ level, and they have accomplished their goal.

“I’m incredibly proud of them but not surprised at their commitment or ability to achieve this honor. I am always amazed at the high standard that they hold themselves to and the level of competitiveness they can sustain.”

– Bryon Goguen, District Director, Delta Sigma Pi

“I’m incredibly proud of them but am not surprised at their commitment or ability to achieve this honor.  I am always amazed at the high standard that they hold themselves to and the level of competitiveness that they can sustain.  But what I was happy to see most is that they were able to work together to achieve their goal.  They…have garnered a lot of attention from the central office of our fraternity; they are well respected and with this distinction will continue to be looked upon as a leader in our region and province.

“The students do such great work and have such a reputation that when other chapters are struggling, their district directors seek advice from me as to how Gamma has been able to do so well.  It’s a great feeling for me to be associated with them and to take part in their success. I love to see how gifted they are and how much they grow from one year to the next. It’s really what keeps me so involved as an alumni.”