Shanna Davis – Opus Magnum
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Shanna Davis

Career Services, EveningMBA, Newsroom

Evening UST MBA Profile: Vince Schultz

Vince Schultz tutors UST undergraduate and graduate students in accounting and finance. He never misses a Saturday Badger football game at UW-Madison, and he and his wife are preparing to welcome their first baby this summer. He is also an Evening UST MBA student.

Vince grew up in Plymouth, MN before attending UW-Madison where he earned a bachelor’s degree in economics. Upon graduation, during a career exploration phase, Vince worked at Spectrum Brands in Madison (Rayovac batteries, Repel insect repellent) in account management and sales. By the time Vince and his girlfriend (now wife) moved to Washington, D.C. a few years later for her medical studies, Vince was clear on two points of passion in his professional pursuits – finance and accounting. Continue Reading

Health Care MBA, leadership, Newsroom

Rural Demographics Raise Concerns About Health Care Availability

C
This post is from the Spring 2012 edition of B. Magazine

There is an allure to country living. Rural residents revel in songbirds, vibrant night skies and a pace of life that rewards quiet and solitude. But like their urban brethren, when health issues arise country residents desire quality, accessibility and affordable care. Unfortunately, statistics show that compounding circumstances are giving rise to a crisis in rural health care.

A recent United Health Group study reveals that in remote areas of the United States, 18 percent of residents are now more than 65 years old, versus the 13 percent national average. Families in rural areas are disproportionately living below the federal poverty level, and people living outside of metropolitan areas have a higher rate of chronic illnesses (hypertension, diabetes, cancer and arthritis) induced, in part, by increased smoking and obesity. The grim picture? Rural residents in our country are older and sicker than urban residents.

These factors alone are enough to have a large impact on insurance coverage and availability in rural areas. To complicate matters, nearly one third of the older rural population is utilizing Medicare or Medicaid as its primary source of coverage versus one quarter of that population in urban areas. Rural Americans are more likely to be uninsured compared to city dwellers, and private insurance coverage rates in rural areas lag behind their counterparts in urban areas by 6 percent. Continue Reading

FTMBA, Newsroom, OCB Alumni, Student Life

Student Profile: Annelise Larson

May 19, 2012 will be a momentous day for Annelise Larson and her classmates. That will be the day when they walk across the stage in the new Anderson Athletic and Recreation Complex, receive their diplomas and start a new stage of life. For Larson, it will mean chasing a dream job in organizational development and change management freshly equipped with her UST MBA.

Larson, originally from Oakdale, Minnesota, developed a taste for leadership development and coaching while an undergraduate at Taylor University in Indiana. There she enjoyed studying human resources and holding the office of chief of staff for the student body. In that role, she was tasked with coaching the other board members in effectively organizing themselves and accomplishing their goals.

Upon graduation, Larson worked for three different companies over seven years, gaining a remarkable breadth of understanding of HR functions. The third of these, just prior to returning to school, was a position with EMPO Corporation, an HR consulting firm in the Twin Cities. Upon walking in the door at EPMO, Larson was assigned two disgruntled clients on the verge of cancelling their services. Undeterred, Larson brought her experience to bear. With careful listening, outstanding service, and a lot of diligence, she appeased the clients and retained their business with EMPO.

Despite her success, Larson found herself craving broader business understanding, and decided it was time to go back to school. The UST MBA programs, with their openness to student input and reliance on student leadership, were a perfect fit for her, and she set out for a Full-time UST MBA. Between her first and second year, Larson landed an internship with Recon Robotics, and is now anxious to begin her post-MBA career with Tennant Company in Minneapolis.

A person experienced in creating positive change, Annelise Larson will be an asset to any organization for whom she works.  Her work ethic, intellect, and newly refined business acumen will take her anywhere she wants to go. We look forward to following her journey. Good luck Annelise and all our UST MBA 2012 graduates!

Faculty, Newsroom

Cross-border Joint Ventures – 5 Questions for Prof. Georgieva

To highlight our faculty research, we’re introducing a new Q&A column today on Opus Magnum. Dobrina Georgieva, Ph.D., assistant professor in the finance department recently presented her research on the impact of laws, regulations, and culture on cross-border joint ventures. Here then are five questions with Prof. Georgieva.

Q. How would you summarize your research on cross-border joint ventures?

Dobrina Georgieva, Ph.D.

A. My research is focused on factors that impact cross-border co-operations between firms in the form of joint ventures. I discovered that there are two types of factors that have a significant impact. On one hand, the laws and regulations around the world impact the likelihood that firms will be involved in cross-border transactions. On the other hand, and equally important, the cultural norms, religions, ethnicity and openness of the country impact the way managers make decisions. These factors impact investors’ confidence in the financial markets and overall stock returns and risk.

Q. Why is this topic of interest to you? Continue Reading

Entrepreneurship, EveningMBA, Newsroom

Student Profile: Emily Pearl

Emily Pearl grew up in Vadnais Heights, Minn., the youngest of four children. She remembers a particular childhood game she and her siblings would play which was called “Bigger or Better.” This game consisted of finding a starting object, usually a rock. With the rock in tow, they would knock on the neighbors’ doors and seek to upgrade their object to something bigger or better. After numerous trades, the game generally ended with the ultimate prize, a can of soda. Soda was a treat not allowed in Emily’s home. It is possible this early childhood development in sales and negotiation led to what has been an exciting career for Emily so far. Continue Reading

Admissions, Admissions, EveningMBA, FTMBA, Newsroom, OCB Commentary

Beware the GMAT…and the Ides of March

What's an ide anyway?

Poor Julius Caesar was stabbed 23 times on this day, the Ides of March, in 44 B.C. For many in our readership, March is the time to get serious about studying for the GMAT. If you would prefer Caesar’s fate to taking this standardized test, you’re not alone! Fortunately, I have sage advice to share with you regarding GMAT preparation which can spare you further distress on this fateful day.

Know Yourself

Each of us has intellectual strengths and weaknesses. There are people out there who think standardized tests are fun, and they secretly hope everyone will ask their score so they can impress the masses with their intellectual prowess. But for most people, standardized tests aren’t an area of natural aptitude, at least, not in every section on the test. Most people require planned preparation to succeed on the GMAT. Based on your previous standardized test scores (SAT or ACT) and your general comfort with standardized tests, you should be aware of your unique strengths and weaknesses and prepare accordingly. Continue Reading

EveningMBA, Newsroom

The Boy who got Stock for Christmas

Jeff Turrittin was admitted to the Evening UST MBA program for spring semester 2012. He was quickly identified as an outstanding candidate with excellent academic credentials, professional experience and a life story of perseverance through difficult circumstances.

Growing up in Plymouth, Minnesota, in the 1990s, Jeff remembers biking to the local store and buying baseball cards. But a more formative memory from his childhood is watching his mother pour over the business section of the newspaper, calculating rates of return and predicting growth on various stocks. As a 10-year-old, he was “so enthralled” by what his mother had taught him that he requested stock for Christmas. That holiday season, he became the proud owner of three shares of General Mills stock, which, he happily reports, are still dividend reinvesting. Continue Reading

Media, Newsroom, OCB Commentary, social media

Superbowl flashback: Minnesota’s halftime show doesn’t rock Metrodome

Last weekend, I flew home from the Indianapolis International Airport. After narrowly passing my body scan, (fun fact: bling on your jeans pockets sets off the security warnings), I was accosted on every side by Super Bowl XLVI kiosks. It’s safe to say that Indianapolis was very excited for last weekend’s festivities.

For 45 years, halftime shows have been as much a part of the Super Bowl experience as popcorn, wings, beer and increasingly clever commercials. That’s not to say these halftime spectacles have always been spectacular, however. In fact, Twin Cities, I’m afraid it’s time for a moment of shame in our history.

Twenty years ago, in the Metrodome, Minneapolis put on an unbelievable halftime show. It was entitled “Winter Magic,” and yes, it was as bad as the title sounds. If you have 15 minutes of your life to waste, you can watch this show in two parts. I endured 2 minutes and 34 seconds.

Continue Reading

Faculty, Newsroom

Faculty Profile: Dr. John Sailors

John Sailors

John Sailors

At the beginning of Dr. John Sailors’ undergraduate studies, he had no intention of ever being called “Dr.” He began his studies at the University of Michigan in the college of liberal arts and was considering a degree in political science. But he felt that academia would be the inevitable future for him if he pursued that path, and he was not interested. Beginning his junior year, he applied for and was accepted into the business program, and it was then he started to change his mind about academia.  His profiessor, Christopher Puto, Ph.D., assisted the young Sailors on his path to attaining a Ph.D. in marketing from Northwestern University.

After seven years of teaching, Dr. Sailors decided to spend some time in industry, having gone straight from his undergraduate to graduate studies. He spent eight years in the research industry with clients such as Ford, Harley Davidson, and Proctor & Gamble. Equipped with outstanding academic credentials now complemented by practical work experience, Dr. Sailors was ready to return to academia and was welcomed to the Opus College of Business by Dean Chris Puto, his first marketing professor.

Continue Reading

biztube, Media, Newsroom

BizTube: Market Research

All I Needed to Know about Business I Learned from YouTube

This video has been overtaking my life in recent weeks, thanks to the many friends I have on Facebook who see fit to post it with various and supporting exclamations. Once again, YouTube, the source of all knowledge, has taught me an important business principle. In this case, the video is a great example of what not to do.

The creators of the video introduce it as an ethnographic market research project, though they don’t call it that, attempting to determine if men and women can be “just friends.” However, I noticed significant flaws in their research methodology in this video. Continue Reading