Monthly Archives

January 2011

Career Services, Upcoming Events

Multicultural Forum and Job Fair — March 22-24

The 2011 Multicultural Forum on Workplace Diversity will be held on March 22-24, at the Minneapolis Convention Center. Produced in partnership with the Twin Cities Chapter of the National Black MBA, the Forum expects to attract over 1,000 attendees. Keynote speakers include Joyce Dubensky, Executive vice president and CEO, Tanenbaum Center for Interreligious Understanding, Andrés Tapia, Diversity Best Practices (DBP) and Richard Davis, Chairman, president and CEO, U.S. Bancorp.

Learn more about the 2011 Multicultural Forum.
Info on how to sign up at no charge will be sent soon.

Competitions

Ethics Case Competition — March 4

The Center for Ethical Business Cultures’ Ethics Case Competition will be held on Friday, March 4, beginning at 8:30am. The winning team from this competition will be going to the national contest in Washington State this fall. To be part of the team that hopefully adds another beautiful trophy to our wall of fame sign your group up with Bill Grau grau1524@stthomas.edu by Monday, February 7.

Academics

New Spring Elective: Family Business Strategy

ENTR714

Reasons to take the class

Plan to join the family business. You will learn strategies to promote your family business career.

Want to help the family business.  You will work on a project designed to help the business.

Instructors

Mary Schmid Daugherty, CFA, PhD—Finance professor, family business owner and board member, co-author for next edition of Family Business by Poza, and speaker on financial issues in family business in the UST Family Business Center and elsewhere.

Ritch L. Sorenson, PhD—Opus Chair in Family Business, Director of Family Business Center, former business owner, Associate Editor for Family Business Review, and sponsor of annual Conference on Family Business at the University of St. Thomas.

Prerequisites:

Finance 600 and a business in the family to use as the basis for course projects.

Course Purpose:

This course provides students with the analytical tools and decision-making models to strategically evaluate a closely held/private company.  Students will analyze the economic opportunities and competitive environment in the context of a specific business sector.  Topics will include analyzing financial statements, capital structures, governance structures, sources of capital, liquidity options and valuation.

The purpose of this course is for students to apply analytical tools and decision-making models to assess the performance of their own family’s business, when possible.  The student will determine how the family and business governance structures, patient capital and strategically driven financial metrics can add value to a family enterprise. The intent is to allow the student to learn and apply various best practices to their own family business.

Family members are encouraged to participate with their student in this course.  All family members who participate will be expected to purchase texts read course materials and work closely with the student to complete the assignments outlined in the syllabus.

Final Project Options for Your Family Business

  • Strategic Plan
  • Business Valuation
  • Business Growth Plan

Contact

Ritch Sorenson for more information: 651-742-2173  rlsorenson@stthomas.edu