October 1, 2007

IN THE NEWS

People and programs of the School of Business have been in the news recently.

National

Professors Morris Davis and François Ortalo-Magné co-authored an economic commentary titled “What’s Really Happening with Housing Prices” published by the Federal Reserve Bank of Cleveland. The research found that relaxed credit constraints could likely explain the boom in housing prices from 1998-2006. The study was covered in several national and regional publications, including: Dow Jones, Reuters News, Market News International, CoStar Group and Wisbusiness.com. View the articles here:
http://www.wisbusiness.com/index.iml?Article=104015
http://www.clevelandfed.org/research/Commentary/2007/0707.cfm
http://www.costar.com/News/Article.aspx?id=705F0C1F15B6901A5866923B9A41B169

Dean Mike Knetter wrote an article for BizEd discussing the role of advisory boards in helping universities remain competitive in the market for business education. The article explored the role of  the Dean’s Advisory Board,  the Executive Advisory Board for the Center for Brand and Product Management and the Accenture Leadership Center. In addition, the article quoted alumnus Phil Matthews, who leads the Badger Alumni Capital Network.

Professor Thomas O’Guinn, Marketing, was quoted in an Associated Press story that ran nationally on covering the problems facing the airline Jet Blue and its struggling stocks. http://www.buffalonews.com/145/story/152285.html

The Christian Science Monitor quoted Assistant Professor Morris Davis in the article “Credit Crunch likely to spur reforms.” The article focused on the number of recent home foreclosures. Davis was also quoted in a Wisconsin State Journal article on the topic.
http://www.csmonitor.com/2007/0914/p02s01-usgn.html
http://www.madison.com/wsj/mad/top/index.php?ntid=246690

BusinessWeek online and MSNBC.com featured an article on the over-emphasis of an Ivy League education. The article, “Who needs the ivies?,” mentioned that the University of Wisconsin produces the most CEOs in addition to producing the most university professors, Peace Corps volunteers and long-running patents.
http://www.businessweek.com/technology/content/aug2007
/tc20070830_254262.htm?chan=search

BusinessWeek online held an online chat with Betsy Kacizak, director of MBA Admissions and Financial Aid, and Ben Burney, a second-year Wisconsin MBA student. The two fielded questions from online audience members and a BusinessWeek online reporter.
http://www.businessweek.com/bschools/content/sep2007
/bs2007093_447400.htm?chan=top+news_top+news+index_b-schools

CNNMoney.com quoted director of the Family Business Center, Ann Kinkade. The article, “Fixing a family business,” featured three experts in family business to help fix a local Wisconsin business.
http://money.cnn.com/2007/09/17/smbusiness/foundry_makeover.fsb/index.htm

Professor Larry Rittenberg was quoted in the article “New COSO discussion paper seeks comment on guidance for monitoring internal controls,” from the Daily Report for Executives. Rittenberg, the chairman of COSO, asked the public to comment on their new discussion paper to make it more user-friendly.

The Wisconsin MBA program was ranked 32nd in the regional category of the annual Wall Street Journal/Harris Interactive ranking of MBA programs. The rankings were covered in the Capital Times, Badger Herald and Daily Cardinal.
http://www.careerjournal.com/reports/bschool07/20070917-alsop-mbrank.html
http://badgerherald.com/news/2007/09/18/uw_mbas_down_in_rank.php
http://dailycardinal.com/article/296

Regional

The Milwaukee Journal Sentinel quoted Dean Mike Knetter in the article “Grads go full circle—back to state.” The article discusses the “boomerang” effect, which appears to be balancing the notion of a “brain drain.” According to a recent study, college graduates in their 30s and 40s are returning to the state to work and raise a family. http://www.jsonline.com/story/index.aspx?id=655667

School of Business alumnus Michael Roth was featured in an article in the Milwaukee Journal Sentinel. The article discusses Stark Investments, a $14 billion hedge fund Roth co-founded. The company employs over 400 people in offices from London to Singapore.
http://www.jsonline.com/story/index.aspx?id=655856

Dean Mike Knetter wrote an editorial for the Milwaukee Journal Sentinel discussing the proposed UW tuition cap. The article stated such a cap would be a mistake because it would not allow for differential tuition in high-demand majors and would hinder the university system’s ability to hire professors who are in highly recruited.
http://www.jsonline.com/story/index.aspx?id=655438

Assistant Professor Morris Davis, Real Estate and Urban Land Economics, was quoted in the Milwaukee Journal Sentinel. The article, “Housing market in for worse?,” discussed the future of the declining housing market. Davis predicted three bad years ahead before the market turns.
http://www.jsonline.com/story/index.aspx?id=658418

The Milwaukee Journal Sentinel mentioned the program to expand entrepreneurship beyond the School of Business. Ewing Kauffman and the Kauffman Foundation donated $5 million to the program.
http://www.jsonline.com/story/index.aspx?id=662309

Local

The Wisconsin MBA program’s ranking of 27th in the Forbes ranking was covered in the Wisconsin State Journal.

Wisbusiness.com and the Wisconsin State Journal covered the recent Economic Outlook Conference hosted by the School of Business at the Fluno Center. University of Wisconsin economist, Don Nichols, predicted a recession in 2008 following the housing market slump.
http://www.wisbusiness.com/index.iml?Article=104930
http://www.madison.com/wsj/home/biz/index.php?ntid=244665&ntpid=3

The Grainger Hall construction was covered in the Badger Herald. Associate Dean of Administration Melissa Amos-Landgraf was quoted on the summer updates to the building. http://badgerherald.com/news/2007/08/31/cranes_and_cones_sig.php

The differential tuition program, which begins this fall, was mentioned in the article “Engineers wait for tuition hike,” in the Badger Herald. A similar plan proposed for the College of Engineering has been delayed.
http://badgerherald.com/news/2007/08/31/engineers_wait_for_t.php

The Daily Cardinal quoted Dean Mike Knetter and Professor Stephen Malpezzi, Real Estate and Urban Land Economics. The article, “Young Wis. graduates leave for rival states,” covered the “brain drain” of college graduates, ages 22 through 29, to bordering states.
http://dailycardinal.com/article/120

Assistant Professor Morris Davis, real estate and urban land economics, was on several local radio stations and quoted in the Capital Times regarding the current housing slump. Listen to the interviews and read the article here:
http://podcast.loyalears.com/wtdy.php?task=shows&show_id=51
http://www.madison.com/tct/mad/topstories/index.php?ntid=235936

The Capital Times quoted Assistant Professor Ann Terlaak, Management and Human Resources, in the article “A ‘fantastic’ day for the Ironman.” Terlaak participated in the recent Ironman competition for the third time, finishing 13th among all women.
http://www.madison.com/tct/news/stories/index.php?ntid=233276

The Daily Cardinal featured an opinion piece on the prerequisite credits required for admission by the School of Business. The article also discussed the new policy of sophomore admission into the school.
http://dailycardinal.com/article/254

An opinion piece in the Wisconsin State Journal mentioned that the University of Wisconsin produces more CEOs than any other university. The article, “Bashing Bucky backfires,” discussed the financial support of professors in the University of Wisconsin System to political parties and candidates.
http://www.madison.com/wsj/home/opinion/index.php?ntid=244728&ntpid=1

BusinessWatch Magazine mentioned the Wisconsin MBA Program in the article, “MBA wrap-up.” The article detailed the area MBA programs, including the enterprise, executive, evening and full-time programs at the University of Wisconsin. BusinessWatch also featured an article on the 12th place undergraduate ranking of the School of Business in the recent U.S. News & World Report rankings.

The Career Forum co-hosted by the Business Career Center was featured in the article “UW ‘work ethic’ attracts 232 employers to career forum,” in the Daily Cardinal. Director Steve Schroeder was also quoted in the article on the quality of students on campus. http://dailycardinal.com/article/277

The new differential tuition at the School of Business was mentioned in the Badger Herald article “Get up, stand up,” about Dean of Students Lori Berquam. Berquam voiced her support of the differential tuition to keep the university competitive.
http://badgerherald.com/news/2007/09/17/get_up_stand_up.php