Corporate Cleanup
Are new corporate accountability measures making a difference or making a mess? Finance faculty and a Wall Street investigative journalist debate their impact.
Smart Money Hails ASAP
“Where are the next crop of top-rated fund managers coming from? Nope, it’s not Harvard or Wharton. Take a look at the University of Wisconsin at Madison.” So said Smart Money magazine in its January 2007 issue.
The feature examined the 36-year history of the Applied Security Analysis Program (ASAP) and tracked experiences of current MBA students, as they manage real portfolios totaling $44 million. The article followed students as they made presentations to sometimes-hard-to-impress investment professionals—most of whom are ASAP alumni—who serve as a board of directors.
The article explored the reasons why Wisconsin has “quietly produced some of the best mutual fund managers in the country, including Bill Nygren of Oakmark and Fidelity’s Stephen Petersen.”
Eight other Wisconsin alumni who are prominent investment managers were featured:
- Michael Casey, Cliffwood Partners
- William Frels, Mairs and Power
- Foster Friess, Friess Associates/Brandywine Funds
- Jill Greueninger, Mason Street Advisors/Northwestern Mutual
- Brian Hellmer, Northern Capital Management
- Betsi Hill, Credit Suisse
- Ted Kellner, Fiduciary Management
- Jay Sekelsky, Madison Investment Advisors
The article also outlined the impressive credentials of students enrolled in the Applied Security Analysis career specialization of the Wisconsin MBA, many who turned down admission to other top programs due to ASAP’s reputation.
This isn’t the first time the ASAP program has won rave reviews in national media. In 2003, the program was the focus of a major feature in Fortune magazine.
According to Kevin Spellman, director of ASAP, the most recent national coverage helped recruit an outstanding class for next fall: “Prospective students were aware of our Smart Money coverage and I think the national recognition added credibility to the strength of our program.”
Update Magazine June 2007
Feature Stories
Jumping on the Brandwagon:
Why companies are paying handsomely to make sure you see their brands more and more in movies, TV shows, even in the books you read.
Keeping Pay at Bay
Soaring CEO salaries are the target of increasing controversy. Will Congress step in to set limits?
Should it?
Why Don't We Have Better Bosses?
Even with good intentions on both sides, supervisor-employee relations can be fraught. A look at what keeps us from having (and being) better bosses.
Departments
JUNE 2007 VOLUME 25 NUMBER 1
EDITOR: Lari Fanlund
DESIGN: Lori Strelow, Anna Dulmes
EDITORIAL ASSISTANCE: Jennifer Asselin and Scott Voss
EDITORIAL BOARD: Alisa Robertson, Melissa Amos-Landgraf, Tina Frailey, Jim Kubek, Richard Lee, Mark Matosian, Deborah Mitchell, Kayleen Reilly, Steve Schroeder and Charlie Trevor
COVER: Product placement is all around, in places you may or may not expect, and it’s not happening by accident—as Marjani Coffey, a second-year Wisconsin MBA student in Brand and Product Management, helps illustrate.
Cover photo for UPDATE
by Bob Rashid.
UPDATE is published in print and online each June and December by Wisconsin Business Alumni to inform alumni and friends about programs and activities of the University of Wisconsin-Madison School of Business and its alumni. Printing is paid for with private contributions. This issue, and previous ones, are available online. Correspondence should be sent to lfanlund@bus.wisc.edu or mailed to:
UPDATE
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975 University Ave.
Madison, WI 53706-1323
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