MSU Jake Jabs College of Business & Entrepreneurship 2014 Annual Report by Montana State University

2014-15 A N N U A L

REPORT

JAKE JABS COLLEGE OF BUSINESS & ENTREPRENEURSHIP

I N S P I R I N G C R E A T I V I T Y, I N N O V A T I O N , A N D G R O W T H

2014 JJCBE NATIONAL ADVISORY BOARD Shavon Cape, JWT Susan Carstensen, Consultant Jim Edwards, Leavitt Great West Insurance Services Todd Eliason, Rock Creek Associates Sean Gallinger, Summit Resources Import John Hertz, Clearwater Papers David Hill, retired, KPMG, LLC Gordon Johnson, American Bank Alan Kahn, Entrepreneur Susan King, Consultant Clint Lohman, Rocky Mountain Gaming Paul Matteucci, U.S. Venture Partners Michael Monaghan, Beartooth Radio John O’Donnell, Consultant Jim Orser, Bridger Capital Management Kalli Ryti, First Interstate Bank Kathy Sanchez, Northwestern Mutual Financial Network Eric Smith, The Boeing Company Janice K. Whetstone, Janice K. Whetstone, P.C. 2014 ACCOUNTING ADVISORY COUNCIL Carol Rutlen Ezrati, Rutlen Associates, LLC Shawn Harrison, Oracle Jeremy Hauk, Eide Bailly, LLP Scott Holton, Rudd & Company Jill Jarrett, Benchmark Capital

Carlen Keaster, Anderson ZurMuehlen Todd Lindsey, Deloitte Erica (Ricki) Lewis, Expedia, Inc. Kenny Martin, Moss Adams Morgan Scarr, AMATICS CPA Group Stacey Scott, West Paw Design Tom Simkins, Simkins-Hallin Lumber Co. Chris Smith, BDO Kyle Viste, Galusha, Higgins & Galusha Shauna Watson, Resources Global Professionals Todd Williamson, MorganStanley SmithBarney Shelly Wong, InSite Vision, Inc. Dawn Wrigg, Rudd & Company ADMINISTRATION & PROFESSIONAL STAFF Kregg Aytes, Ph.D., Dean Susan Dana, J.D., Associate Dean & Director of the Bracken Center Harry Benham, Ph.D., Interim Associate Dean Audrey Capp, Director of Communications & Public Relations Jackie Sather, Director of Development Brenda Truman, Director of Student Services Linda Ward, Assistant Director of the Bracken Center Liz Greenfield, Assistant Director of Student Services

302 Jabs Hall · PO Box 173040 · Bozeman, MT 59717-3040 · www.montana.edu/business

We would like to thank the JJCBE faculty and staff, as well as MSU’s University Communications, without whom this report would not be possible. Design for this Annual Report by Montana State University Publications and Graphics. Photographs provided by the Jake Jabs College of Business & Entrepreneurship, except where noted. Cover and back cover photos by Kelly Gorham. The printing of this Annual Report is funded in part by a grant from D.A. Davidson & Co.

CONTENTS 6 2014-2015 JJCBE Calendar of Events 9 Letter from the Dean 12 Features of Jabs Hall 16 Hundreds Gather at MSU to Celebrate Opening of Jabs Hall FEATURES: STUDENTS, CURRICULUM, FACULT Y, ALUMNI

21 Saying Yes: Kristina Bart Demonstrates Creativity, Innovation, and Growth 22 Collaboration in the Classroom 28 Business Faculty Member Receives MSU Teaching Innovation Award 29 Professor Shares Research about Public and Political Will at United Nations Commission 30 Accounting Alumnus Receives Lifetime Achievement Award 32 Program Honors Family-Run Businesses 34 Accounting Students Complete Hundreds of Tax Returns for Students, Community Members STORIES: OUTSTANDING STUDENTS, FACULT Y & PROGRAMS, COMMUNIT Y INVOLVEMENT, ALUMNI & FRIENDS

38 Team of Four Finance Students Takes 1st Place in Research Competition 39 Undergraduate Business Student CoAuthors Paper with Faculty Mentors, Earns Honorable Mention 40 Students Presented with College Honors at the End of the Semester 40 Seniors and Their Mentors Honored at Awards for Excellence Banquets

41 Two Business Students Earn Coveted ‘Torley’ Award for Community Involvement 42 Meet the New Management Faculty: Andreas Thorsen 42 Accounting Professor Honored with Phi Kappa Phi Award 43 MPAc Student Engage with Faculty and Staff Through Friendly Competition 44 Annual Faculty Honors Given at the End of the Semester 45 From the Classroom to Wall Street 46 R/GA Returns to MSU, Hires More Interns 47 Alumni and Friends Gather at Annual Golf Tournament 48 College Helps Bring New B2B Networking Luncheon to Bozeman 48 College Brings National Event to Bozeman 49 Entrepreneurs-in-Residence Share Experiences and Advice with Students 50 Diverse Set of Orser Executive Forum Speakers Featured 51 Alumnus Encourages Entrepreneur Day Attendees to “Never Give Up” 51 National Executives Share Career Experiences and Lessons in Ethics 52 Women Continue to Inspire Women through Annual Conferences 54 Four Honored During 2014 Homecoming 55 Alumni Support Entrepreneurial Education with $570,000 Gift 56 Former MSU Cowboy and Alum Competes at 2014 National Finals Rodeo

57 Linda Ward Wins Top MSU Employee Recognition Award 57 Alumni Visit Campus UPDATES AND ANNOUNCEMENTS

59 Business Student Sets New World Record 59 Almost 300 Scholarships Awarded During 2014 & 2015 Spring Celebrations 59 40 New Inductees Join Beta Gamma Sigma in 2014-2015 59 Marketing Student’s Paper Wins Top MSU Research Award 59 Business Students Honored at 2014 and 2015 Annual Day of Student Recognition 60 Beta Alpha Psi Recognized as Distinguished Chapter 60 Freshman Re-Orientation Connects Students with the College 60 More than 300 Students Participate in Recruiting Events 60 Executive’s Closet Provides Hundreds of Students with Business Attire 60 Workshop Prepares Accounting Students for Life after Graduation 61 Longtime Faculty Member Retires 61 Faculty Updates 64 Academic Year 2015 Guest Speakers 65 2014-2015 Internship Business List 66 Graduating Class Profile – Academic Year 2015 Statistics 67 Your Financial Help is Needed to Realize the Potential of the Jake Jabs College of Business & Entrepreneurship 69 Honor Roll of Donors

For 80 years, D.A. Davidson has invested in Montana’s educational, cultural, and natural resources. In addition to helping you with your financial future, our company and employees volunteer time and donations to ensure The Last Best Place is always The Last Best Place – a return we can all agree upon.

Montana offices in: Great Falls, Billings, Bozeman, Butte, Dillon, Hamilton, Havre, Helena, Kalispell, Livingston, Missoula and Whitefish. Serving clients nationwide. D.A. Davidson & Co., member SIPC | 8 3rd Street North | Great Falls, MT 59401 | dadavidson.com

In 2011, Jake Jabs, a Montana native and Montana State College alumnus, announced a $25 million giftâ&#x20AC;&#x201D;the largest private gift in the history of higher education in Montana at the timeâ&#x20AC;&#x201D;to completely fund construction of a new business building as well as other entrepreneurial programs and scholarships.

$25 Million gift

Photo by Ben Lloyd, Comma-Q Architecture.

A LEED Gold building Jabsâ&#x20AC;&#x2122; generous gift paved the way for Jabs Hall, a LEED (Leadership in Energy & Environmental Design) Gold building, designed to promote both formal and informal collaborative learning across multiple disciplines. Housing the Jake Jabs College of Business & Entrepreneurship (JJCBE), the entire building is filled with transparent, light-filled and flexible classrooms, collaboration areas, and office spaces. The intent is to make the work of students, faculty, and staff visible in order to encourage interdisciplinary learning and active engagement. The design of the building supports the Collegeâ&#x20AC;&#x2122;s mission of inspiring creativity, innovation, and growth. Photo by Kelly Gorham.

CALENDAR

2014

NOVEMBER

JANUARY/FEBRUARY

Feb 18 Feb–April

Awards for Excellence: students and their mentors MSU VITA prepared taxes

Nov 20 2020 Women on Boards: The National Conversation on Board Diversity

MARCH

March 6-15 Accounting students in Alaska through VITA program Mar. 20-21 R/GA visit March 21 TEDxBozeman March 31 Enactus Team competition in Cincinnati, Ohio. APRIL

April 2

BGS Induction

Apr 6-8 April 8 April 8 April 10 April 16 April 23

Startup Weekend MSU Linda Ward - MSU Employee of the Year Scholarship Banquet Orser Speaker: Ashley Jablow Entrepreneur-in-Residence: Jeanne Callahan BAP Initiation, Shannon Taylor retirement

MAY

May 2 May 3 May 6 May 8

Starzen Internship: Daigen Afdahl, Katrina Wilhem JUNE

JJCBE volunteers at the Community Café!

AUGUST

August 28 MPAc Professional Workshop

SEPTEMBER

Orser Speaker: Kristy Young ACTG Federal Tax Research Symposium Commencement Celebration / Awards Fall Commencement

2015 JANUARY

Jan 29

Feb – April Feb 9-10 Feb 17 Feb 23-27

Northwestern Mutual guest speakers

MSU VITA prepared taxes Executive's Closet Awards for Excellence: students and their mentors Entrepreneur-in-Residence: Patrick Crowley

MARCH

March 7-16 Accounting students travel to Alaska through VITA program Mar. 18-23 R/GA visit March 27 TEDxBozeman

APRIL

Sept 3-5 Sept 17 Sept 18 Sept 21 Sept 23

Executive's Closet Meet the Accounting Recruiters Dr. Jim Patell - guest speaker Golf Scramble Entreprentice presentations

April 1 April 7 April 9 April 17-19

Sept 26 Sept 26 Sept 29

Homecoming Awards Golf Tournament Paul Reynolds - Entrepreneurship Researcher

MAY

OCTOBER

Dec 2 Dec 8 Dec 12 Dec 13

FEBRUARY

Commencement Celebration/Awards Spring Commencement New World Record - Jeff Nation WCOE Conference Glass Donation - Justin O'Dea

MAY/JUNE

June 18

DECEMBER

Oct 10

Family Business Day

Oct 14 Oct 15 Oct 17 Oct 29 Oct 29

Entrepreneur Day Meet the Recruiters MPAc Basketball Tournament Entrepreneur-in-Residence : Andrew Hull Elevator Pitches

May 7 May 8 May 9 May 28

Beta Gamma Sigma Induction Scholarship Banquet Orser Speaker: Marty McVey Startup Weekend Bozeman

Jabs Hall Ribbon Cutting Commencement Celebration/Awards Spring Commencement W2 Conference

Photos: 1 Architectural rendering, April 2013; 2 Elevator towers rise up, November 2013; 3 A crane dominates the skyline, February 2014; 4 A view from the inside, April 2014; 5 Jake Jabs in March 2014; 6 The building begins to emerge, June 2014; 7 The bricks go up, September 2014; 8 August 2014 9 The finished building, May 2015

“ This building is a great addition to Montana State University and to the state of Montana. It will help us become known as the most collaborative, creative and entrepreneurial business school in the region.” – Kregg Aytes, dean of the JJCBE

Looking through the “map room” window. Photo by Audrey Capp.

DEAN’S LETTER It has been a very eventful year for the Jake Jabs College of Business and Entrepreneurship. Perhaps one of the most significant days in the life of our college was marked by the grand opening of Jabs Hall on May 7th, 2015. As the new home for our college, Jabs Hall embodies many of the values that provide our foundation for the future. It is clearly one of the most open, inviting, and collaboration-friendly buildings on campus. It offers inspiring views from the many large windows throughout the building, coupled with intimate seating areas for students to work together or alone. Even if students are not taking classes in one of the eleven classrooms in the building, we are already seeing them come to use the great workspaces sprinkled throughout. Our new home in Jabs Hall is the perfect place from which to implement our new mission: To inspire creativity, innovation, and growth. This new mission statement was the result of a series of discussions about how we could really live up to the “entrepreneurship” in our college’s name. We realize that not every student wants to start his or hers own venture, but that we still have the responsibility for preparing our students to work in the many large firms that recruit our students. Our discussions led us to what we think is at the core of what makes any business professional, whether an entrepreneur or an employee of a large firm, successful. We want to graduate business professionals who can think creatively and develop innovative solutions and business ideas. We also want those graduates to embrace their own personal and professional growth, while contributing to the economic growth of Montana and the nation. To do all of this, we are developing ways to inspire creativity in our curriculum, by making our courses more accessible to students from other colleges on campus. We believe that the experience of having our students work alongside engineers, scientists, and artists will broaden their horizons and increase their ability to work across disciplines. In that spirit, we are also introducing new courses, such as our interdisciplinary design course, taught by a faculty team from business, engineering, and graphics design. With a “collaboration lab” dedicated to interdisciplinary projects, Jabs Hall provides the perfect venue for encouraging these creative activities. Add to that the ever-increasing number and quality of students that are choosing MSU for their business education, combined with our great faculty and accomplished alumni, the future of the Jake Jabs College of Business and Entrepreneurship looks very bright indeed. We are well on our way to being known as the most creative, collaborative, and entrepreneurial business school in the region. I invite you to read more about what we’ve done over the past year – and please, stop in for a visit sometime!

r. Kregg Aytes D Dean of the Jake Jabs College of Business & Entrepreneurship

Jabs Hall

Unique facts

There are many unique features of this buildingâ&#x20AC;&#x201D; from technology to sustainabilityâ&#x20AC;&#x201D;that serve students, faculty & staff, and the community alike.

Photo by Kelly Gorham.

Sustainability In Depth PASSIVE SOLAR WALLS: Installed on the south-facing side of the building’s rooftop mechanical penthouse, the passive solar walls will preheat fresh air coming into the building thereby reducing the amount of energy needed to heat the building. It will pay for itself in 10 years, reduce the amount of energy used to heat the building and provide valuable data to research engineers. RECYCLED COUNTERS & BACKSPLASHES: This began as a BMKT 325 Principles of Marketing class project that turned into a community event to collect glass for locally produced fly ash and recycled glass countertops and backsplashes for Jabs Hall. The “circle of life” for the glass (collection, processing, manufacturing and installation) is all within a 15 mile radius. A total of 5,410 pounds of glass. GEOTHERMAL WELLS: Each well holds 1,000 ft. of tubing that translates to millions of BTUs that support MSU’s energy reduction goals. In the summer, warm water is sent down the tubes to cool off and in the winter, cool water is sent down to be warmed. NIGHT FLUSH: Allows cooling of the building overnight by using fans to flush out warm air accumulated during the day and replace it with cool night air which is then stored in the building’s thermal mass. This form of ventilation saves significant energy compared to the use of traditional mechanical cooling.

SOCIAL AND LEARNING SPACES • Sola Jabs Hall, MSU’s first third-party food vendor, will offer take-away breakfast and lunch as well as coffee services—perfect brain food • T wo fireplaces—great for those chilly winter days • 1 1 classrooms with large south-facing windows • 2 computer classrooms/labs with a total of 80 computers • 1 3 social and collaboration spaces • 9 student team and conference rooms • A unique lab/studio space for interdisciplinary classes and activities • M oveable white boards and writable glass walls • A central “forum” for informal socializing with a wraparound stock ticker • U nofficially known as the “map room,” an informal social space containing a two-story glass map of Montana and sliding doors leading onto the patio RESOURCES FOR STUDENTS • Th e Office of Student Services (OSS) provides day-today academic support for business students. • Th e Bracken Center is a resource center for business students that focuses on career and internship opportunities, student club support as well as study abroad and other international and fellowship opportunities. • Th e Bracken Business Communications Clinic (BBCC) offers one-on-one coaching by business communications professionals to improve students’ writing, speaking, interviewing, and oral presentation skills. • The Jabs Entrepreneurship Center (JEC) connects students to the entrepreneurship community through unique courses, programs, and workshops. SUSTAINABILITY • Multiple recycling stations throughout the building • 29 water saving toilets • Passive solar walls • 52 geothermal wells for efficient building energy usage • Recycled countertops and backsplashes: A class project that turned into a community event to collect glass for locally produced recycled countertops and backsplashes for Jabs Hall. The “circle of life” for the glass (collection, processing, manufacturing and installation) was all within a 15 mile radius of Bozeman.

Top to bottom: Jabs Hall from the south; Bracken Business Communications Clinic (BBCC) coaches working with students to improve their business writing skills. Photos by Kelly Gorham.

Mike Shaw, associate teaching professor, teaching a section of BMGT 205, Professional Business Communication. Photo by Kelly Gorham.

Top to bottom: Office and “collision” spaces in Jabs Hall. Photos by Kelly Gorham.

Hundreds Gather at MSU to Celebrate Opening of Jabs Hall by Anne Cantrell

Hundreds of people gathered at Montana State Universityâ&#x20AC;&#x2122;s Jabs Hall, home of the Jake Jabs College of Business and Entrepreneurship, to celebrate the newly constructed building with a ceremony and ribbon cutting.Â

This page: The Montana State University community celebrates the dedication of Jabs Hall, new home of the Jake Jabs College of Business and Entrepreneurship. Facing page, top: Jake Jabs rings a bell to signify the opening of Jabs Hall. Pictured from left to right are MSU business student Holly Capp, MSU President Waded Cruzado, Montana Commissioner of Higher Education Clayton Christian, Dean Kregg Aytes and Jabs. Facing page, bottom: Jake Jabs shows a photo of his family while talking about his heritage during his remarks at the dedication of Jabs Hall. Photos by Kelly Gorham.

“This building is a great addition to Montana State and steel.” In addition, she said that it will soon be filled with University and to the state of Montana,” said Kregg Aytes, the hopes and dreams of MSU’s students. Its open design, she dean of the Jake Jabs College of Business and Entrepreneurship. added, reminds students there are no boundaries. “…It will help us become known as the most collaborative, “This building is smart and unique,” she said. “Students are creative and entrepreneurial business school in the region.” reminded that… the sky is the limit.” With record enrollments at MSU and in the business Christian described the ceremony as a “monumental day” college, Jabs Hall will also help the university begin to address in the life of the university and thanked Jabs for investing in a much-needed backlog of classroom space, Aytes said. He students, the university and the state. noted that the building’s 11 classrooms can simultaneously “We are humbled by the trust that you’ve shown in accommodate approximately 420 students, while informal Montana State University and the Montana University System,” study spaces scattered throughout the building provide room Christian said, noting that the building will help build a for another 220 students. The 50,830-square-foot Jabs Hall also stronger state and a better, healthier economy for Montana. has two computer labs. “On behalf of generations to come, we thank you.” In addition to Aytes, speakers at the ceremony included Aytes recognized a number of individuals and businesses MSU President Waded Cruzado, Montana Commissioner of that were involved in the design and construction of Jabs Higher Education Clayton Christian, MSU business student Hall, including Comma-Q Architecture, Hennebery Eddy Holly Capp and Jake Jabs, a Montana native and Montana Architects, Morrison-Maierle, Dick Anderson Construction State College alumnus who in 2011 gave $25 million to fund the and Kath Williams + Associates, as well as MSU’s own building. The gift is also being used for new scholarships and Campus Planning, Design and Construction and Facilities new academic programs in entrepreneurship, professional skills Services. development, and fostering cooperative work between business After the prepared remarks, and to signify the building’s students and students in other disciplines. opening, Capp cut a blue ribbon, Cruzado pounded a gavel In her remarks, Cruzado called the building a “crowning and Jabs rang a bell while the building’s stock-and-news ticker achievement that will impact generations of students and was unveiled. MSU students played the school’s fight song to Montanans to come.” conclude the ceremony. Cruzado also recounted parts of Jabs’ life story, which she called a “wonderful American success story” and an example of the greatness that can occur when education and hard work are combined. She also attributed Jabs’ success to his imagination, persistence and incredible amount of energy. Jabs, now 84, grew up on a farm near Lodge Grass in a home with no indoor plumbing, electricity or running water. Jabs credits his parents for providing him with a strong work ethic, and his father – who had no formal education beyond the second grade – for instilling a belief in the importance of education. Jabs received a degree in vocational agriculture from what was then known as Montana State College in 1952. Today, Jabs is president and CEO of American Furniture Warehouse based in Denver, one of the largest retail furniture companies in the United States and one of the largest privately held businesses in Colorado. In his remarks, Jabs said he was very pleased at how well his vision for the building had been fulfilled. “My vision was to have a contemporary building,” Jabs said. “…. I couldn’t imagine a more perfect building than this building. … I think people are going to come from all over the world to see this facility.” He added that the building will provide opportunities for important collaborations between students and professors. Capp, who this week is completing her junior year as a business student, said that Jabs Hall is “more than concrete 17

Deepest gratitude The Jake Jabs College of Business & Entrepreneurship extends their deepest gratitude to the following key contractors without whom Jabs Hall would not be possible: • Comma-Q Architecture • Dick Anderson Construction • Energy-1 • Hennebery Eddy Architects, Inc. • Kath Williams & Associates • Morrison Maierle Many thanks also to: • MSU Campus Planning, Design, & Construction • MSU Facilities Services • State Architecture & Engineering Division 18

Photo by Kelly Gorham.

FEATURING: STUDENTS SAYING YES: KRISTINA BART DEMONSTRATES CREATIVITY, INNOVATION, AND GROWTH Kristina Bart exemplifies the type of student who says “yes” to a variety of opportunities that come her way, which has led to tremendous personal and professional growth. She graduated in May 2014 with a business degree in management from the Jake Jabs College of Business & Entrepreneurship (JJCBE) and a minor in entrepreneurship & small business management. Bart has made great use of her time while in the JJCBE, where she: · S erved as vice president and the head of marketing efforts for Enactus, an entrepreneurship club · I nterned with three local organizations—the Gallatin Valley Land Trust, Southwest Montana Building Industry Association (SWMBIA), and Little Turtle’s Tipis · P articipated in MSU Fridays, an all-day campus program for prospective students and their families · S elected as a student associate for BGEN 194, the freshman seminar class for business · A ttended a leadership conference in Los Angeles · P articipated in a national competition in Cincinnati, based on an Enactus project · V olunteered for the Community Café and K9 9K. “The activities I was involved in during college have really stretched me, given me new skills and experience including managing volunteers, allocating tasks and matching them to the right people, adhering to timelines, experience with fundraising and obtaining sponsorships, and managing budgets,” explained Bart. “And every new experience seemed to

lead to even more opportunities. It’s been really wonderful.” The student club Enactus provides a wonderful example; the club works to find new, undiscovered opportunities for creativity and innovation—whether helping within the community or gathering glass for use in Jabs Hall, the new business building. During Bart’s tenure with Enactus, the club grew its membership from six active members to more than 20 in less than one year and collected more than 4,600 pounds of blue and clear glass used in countertops throughout Jabs Hall. Enactus members also worked with Haven—a local non-profit that serves the needs of victims of domestic violence—to provide clients with financial packets to help them determine comprehensive family budgets including childcare, rent, and expense sheets. Bart gained valuable experience through her work with Enactus, her internships, leadership positions, and volunteering, which improved her leadership skills and ability to motivate people. These skills served her well in her evolving roles with local Startup Weekend events, which are global, grassroots events that help people learn the basics of founding startups and launching successful businesses. Bart was a participant in fall 2013, a student organizer for Startup Weekend MSU in spring 2014, and served as an organizer for Startup Weekend Bozeman in April 2015, as an alumni. Her continued involvement in community events and activities demonstrate Bart’s professionalism, her strong commitment to an evergrowing network of business opportunities, and her willingness to say “yes.”

MSU students Kristina Bart, left, and Josh Soares, brainstorm ideas for pitching a punch card app during the second day of the Startup Weekend Bozeman. Photos by Adrian Sanchez-Gonzalez.

FEATURING: CURRICULUM COLLABORATION IN THE CLASSROOM Faculty and staff in the Jake Jabs College of Business & Entrepreneurship (JJCBE) have been providing students with a wellrounded, experiential learning environment for years. With the completion of Jabs Hall, their efforts will accelerate through many new opportunities to use this state-of-the art facility to further promote collaborations with business leaders, interdisciplinary interactions with students across campus, and the ability to bring more real-world applications to business students.

Students Receive Multiple Awards at Advertising Competition Each year, students from business and graphic design sign up for a grueling, two semester advertising course taught by former Saatchi & Saatchi executive, Mike Gold. This hands-on, independent study course, offered through the Jake Jabs College of Business & Entrepreneurship (JJCBE), takes students from both disciplines to collaborate on a comprehensive marketing campaign for the National Student Advertising Competition (NSAC). On April 4, 2014, thirteen MSU business and graphic design students traveled to Eugene, OR and placed second at the regional level. This years’ class of twelve students also placed second at the regional level of the competition, held April 9-11, 2015 in Boise, Idaho. As part of the competition, corporate sponsors provide a case study that reflects a real-world situation to challenge students competing in the event. In 2014, the client was Mary Kay, and students were challenged with making the cosmetics company relevant to women 18 to 24. This year, Pizza Hut provided the case study and cited as its objective to encourage millennials to place their pizza orders digitally rather than over the phone. “Once again, our students demonstrated they can compete at the highest level against other top, quality schools,” said Mike Gold, independent study advisor. The 2015 team also won awards for best overall ad, best digital campaign, and best innovative digital ordering

experience. Gold said “this type of hands-on experiential class for our seniors really delivers on the JJCBE mission to inspire creativity, innovation, and growth.” Students participating in the courses put together extensive, integrated campaigns. For Mary Kay, students conducted market research, then crafted a comprehensive strategy they titled “Breaking Boundaries,” which included updated package design, media placement, an independent beauty consultant (IBC) online portal, positive public relations through community involvement projects, special events, strategic partnerships, and even a bit of guerrilla marketing. For Pizza Hut, the student team called themselves Beartooth Creative and put together a campaign that included target market research, multi-media and email campaigns, guerrilla marketing tactics, strategic partnerships, mobile apps, and social media. Both student teams presented their campaigns to a panel of judges consisting of professionals in the communications industry. Student team sponsors for both years included Jim and Connie Alderson, Flying Horse Communication, KBZK, MSU School of Art, Northwestern Mutual, MSU JJCBE, as well as Montana and Mercury CSC for 2014 and Great Falls Ad Federation for 2015.

The 2015 Advertising Class team.

FEATURING: CURRICULUM Students gained valuable experience in all aspects of College Video Collaboration Yields Great Results film including B-roll, narratives, interviews, sound, lighting, Five students with majors in business marketing, film, and editing, marketing, graphic design, and client relations. They graphic design participated in an independent study course in spring 2015 with the goal of making two five- to six-minute provided input into the videos’ themes, how to tell “the story” both visually and through narrative and graphics, and were videos and one 30 to 60 second commercial for Jabs College. responsible for crucial decisions during both the filming One video will be used for recruiting purposes and as part of and editing process. They also adhered to a rigorous film orientation sessions; the second video will used in classrooms schedule and worked with many local businesses, campus to highlight the importance of business communication and organizations, and the faculty and staff in the JJCBE to gain the resources available to business students. access for filming purposes. The student film crew met weekly with three staff During finals week, faculty and staff from Jabs College, members from Jabs College throughout the semester to the School of Film and collaborate on all aspects “THIS EXPERIENCE IS UNLIKE ANY Photography, Admissions, of the project, from initial and MSU Communications conception to finished I HAVE EVER BEEN A PART OF. I gathered in the Procrastinator product. Together, they GOT TO LEARN FIRST-HAND HOW Theater to view the two defined the scope of the videos, which were very well videos, created scripts, TO WORK WITH CLIENTS AND COreceived. Members of the listed b-roll shots to film as COLLABORATORS TO CREATE A student film crew described background to narratives, UNIFIED PRODUCT.” the independent study course identified interview subjects, as one of the best experiences and reviewed film schedules. – Justin Kauffman they’ve had in college and “This was a very ambitious highlighted the value of project, especially with Jabs working on a real project with clients and interacting with Hall under construction for much of the project,” explained business professionals as invaluable. Audrey Capp, director of communication for the JJCBE. “They are inspiring, professional-quality videos that will “The film students were very resourceful and creative in serve the college well,” said Kregg Aytes, dean of the JJCBE. getting the shots they needed amidst construction and landscaping crews, unpredictable furniture deliveries, and a building devoid of faculty and staff.”

Justin Kauffman is a junior majoring in business with an emphasis in marketing.

Top left: Gabrielle Lewis is a sophomore majoring in film and graphic design. Photo courtesy of Gabrielle Lewis. Top right: Cody Linde is a senior majoring in film with an emphasis on cinematography. Photo courtesy of Cody Linde. Bottom Left: Drew Crosby is a junior film major with an emphasis on directing and producing. He is also pursuing a minor in entrepreneurship & small business management. Photo courtesy of Drew Crosby. Bottom right: Colter Olmstead is a senior studying film with an emphasis on sound production. Photo courtesy of Colter Olmstead.

FEATURING: CURRICULUM New Cross-Disciplinary Course Brings Real-World Business Challenges to Life Design thinking1 and creativity are increasingly at the forefront of innovation in products, processes, art, technology, and competitive business practices. A new, cross-disciplinary course using these concepts made its inaugural debut in spring 2015 with students from business, engineering, and arts and architecture. The design course, titled Innovative Ideation, incorporates theory and application from marketing, psychology, graphic design, engineering, and computer science. The goal of the course is to expose students across multiple disciplines to the elements of ideation, design thinking, and user experience while exploring ways to build viable businesses. “Students are craving opportunities to work collaboratively with other students across different disciplines—and DSEL is doing just that,” says Meta Newhouse, founding director of DSEL. This course uses the College of Arts and Architecture’s DSEL space (Design Sandbox for Engaged Learning), a cross-disciplinary teaching and learning “lab” that was launched in January 2015 to facilitate collaborative, hands-on, discovery-based experiences regardless of one’s disciplinary focus. Students in the class investigate, practice, and review concepts using the Design Thinking Process to effectively

understand and empathize with the “client” whose problem they are trying to solve. Students learned the benefits of working in an interdisciplinary team while focusing on a real-world situation to explore the Design Thinking Process: How to better understand what it’s like for people living in the last portion of their lifespan, and what to do with that knowledge? Students worked in teams to interview at least five people each week who were 65 or older and developed empathy maps. The teams then defined one specific problem they would like to solve and brainstormed solutions. Teams then narrowed down their solutions to a few of their best ideas, and then created prototypes to test the effectiveness of their solutions. Throughout this course, some teams might create a product, others a new service, and some new kind of technology to solve the problem. Based on their learnings, they prototyped products and services and returned to the field to see how senior users would use their ideas. This intimate hands-on experience resulted in uncovering multiple market opportunities for this exploding demographic. Teams gave a five- to 10-minute presentation each week that addressed what they thought, what they learned, what they were going to do next week, and areas where they were stuck, with a feedback component from the class designed to help them stay on track.

Design thinking is a formal method for practical, creative resolution of problems and creation of solutions, with the intent of an improved future result.

Students in the Innovative Ideation course work together to solve issues facing people living in the last portion of their lifespan.

The interdisciplinary nature of the course also attracted interest and onsite participation with guest speakers from some of the most well-known and respected organizations in the world including Stanford University, Patagonia, Dreamworks, R/GA, and the newly launched Montana venture capital firm, Next Frontier Capital. “We’ve been thrilled at the reception and support from fellow institutions, industry and the students themselves. Each week it was astounding to watch what they would uncover for user insights and how quickly they could take an idea to a tangible prototype experience either digitally or physically”, said Jake Cook JJCBE adjunct marketing instructor. “Going forward, we see the course as a great way to not only introduce students to working together across the colleges but also a viable playground for helping launch new startups.” At the end of the semester, student teams presented their solutions to a panel of professors, industry professionals, and bigwigs. Each 10- to 12-minute presentation showed how each team used the Design Thinking Process to achieve their goal, including completed prototypes and visually-oriented slides to effectively communicate their ideas. In addition, each team produced a video that showed their progress throughout the semester which can be watched on the class’s YouTube channel here: https://www.youtube.com/channel/ UC5pMpzV7HjQ-r1cJ1OiAH9Q.

Logos and designs for some of the student projects from the Innovative Ideation course.

Providing Pro Bono Consulting for Area Businesses & Organizations Business students have a wide range of opportunities to interact with local, regional, and national business leaders through consulting classes, service projects, guest speakers, internships, and special events. Two such opportunities for senior-level business students are consulting classes BMGT 463, an Entrepreneurial Experience and BMGT 475, a Management Experience. In these classes, students work directly with local and regional businesses to offer research, issue analysis, and operational advice in exchange for practical business experience. Both senior-level courses are taught by Gary Bishop, associate teaching professor of management. New start-ups or small, locally owned businesses are the primary focus of BMGT 463, while students in BMGT 475 work with more established businesses and civic and not-for-profit organizations. “Both courses off tremendous benefits to both students and clients,” said Bishop. “Clients receive professional business consulting in a 15-week-long experience, as students bring their knowledge in business marketing, management, finance, and accounting to bear on specific client problems or issues. And students receive valuable, practical experience in applying their academic knowledge and skills to specific business situations that involve real-world challenges and stresses.” During the four-month courses, students help manage consulting projects requested by area businesses. Students have developed business, marketing, and financial plans; identified ways to improve business operations; suggested solutions to problems; re-branded businesses; developed websites and social networking sites; provided market and competition analysis, sales analysis, and feasibility studies; assisted with human resources and customer service issues; and created employee training materials as part of past consulting projects. The practical skills students develop through these courses are important tools that will help them stand out to prospective employers or begin their own, successful business ventures. Students also deepen their understanding of what it takes to start and run a small business and practice crucial business communication skills while interacting with clients. They also really cement their understanding of key business concepts when they apply them to real-world situations with actual clients. To date, these courses have enabled 1260 business students business students to provide more than 20,000 hours of pro bono consulting to more than 300 clients.

FEATURING: FACULTY BUSINESS FACULTY MEMBER RECEIVES MSU TEACHING INNOVATION AWARD Brent Rosso, assistant professor of management in the JJCBE, received the 2015 Teaching Innovation Award, which honors a faculty member who has incorporated outstanding innovative teaching practices into his or her classes. Rosso will receive $2,000 in recognition of this achievement. Rosso’s research on creativity in organizations has inspired him to design innovative, experiential teaching methods that enliven and deepen student learning. One example is an elevator pitch competition where Rosso’s entrepreneurship students have 60 seconds in an actual elevator to pitch new venture concepts to three investors. “I try to inspire creativity and innovation in the assignments I give,” said Rosso. “I care a lot about providing experiential learning opportunities that give students the chance to play with the kind of learning they’re doing in class. So I send them out into the world as much as possible to put theory into practice.” Rosso also developed “The Entreprentice,” a Donald Trump-style apprentice challenge where student teams received $25 in startup capital on the second day of class and are given the task of launching and operating a real business

during the first three weeks of class. “Usually students are pretty shocked about the Entreprentice assignment and a little taken off guard at first, and some are uncomfortable with the idea of going out into the world right away,” said Rosso. “They quickly find, however, that they are capable of much more than they ever expected they were, and they can accomplish a lot more than they even hoped they could.” All profits from the Entreprentice assignment go to charities selected by students, and Rosso’s students have given more than $14,000 to local organizations in the past four years. Rosso’s techniques have inspired other instructors in the Jake Jabs College of Business and Entrepreneurship and beyond. “I believe that great teaching makes a difference in students’ lives; that it challenges them—it challenges them to think bigger and broader than their current world view and to learn how to become innovative,” said Rosso. “I love the opportunity to interact with students, to mentor them…To help inspire and drive growth and development in people.”

Brent Rosso, assistant professor of management, shows students how to utilize a lean startup canvas to help map out a business plan.

PROFESSOR SHARES RESEARCH ABOUT PUBLIC AND POLITICAL WILL AT UNITED NATIONS COMMISSION

Amber Raile, assistant professor of management.

A Montana State University business professor was Raile and colleagues have defined political will as existing featured recently at the 59th session of the United Nations when decision makers are committed to supporting a policy Commission on the Status of Women, held in March at the solution, and public will as existing when a social system has New York headquarters of the United Nations. a shared recognition of a particular problem and resolves to Amber Raile, assistant management professor in the address the situation through collective action. MSU Jake Jabs College of Business and Entrepreneurship, In addition, key research that Raile published along with was a featured member of a panel, “Gender Advocacy Eric Raile, assistant research professor in the MSU College Opportunities and Challenges for Both Political Will and of Letters and Science’s Department of Political Science, and Public Will,” where she discussed applications for her research Lori Post from Yale University was previously distributed on political will and public will. Specifically, Raile shared via the Women’s UN Report Network as tools to catalyze how the political will and public framework served as the political and public will to impact social policy. basis for a current research project, funded by the Women’s The Women’s UN Report Network noted when sharing Foundation of Montana, studying equal pay issues for women. the research that political will is often mentioned as a The panel featured women’s rights advocates from around necessary component of advancing human rights issues, but the world discussing how this framework for analyzing and “only recently do we have systematic analysis and research on developing political will and public will could be used to Political Will and Public Will.” address their specific issue areas. “Seeing how a research line that my colleagues and I have “It was very exciting to have an opportunity to engage developed over the last seven years can be used to make with experts and to provide tools that can be used to advance positive changes in the lives of women worldwide was an women’s rights worldwide,” Raile said. incredible experience” Raile said. By Anne Cantrell, MSU News Service 29

FEATURING: ALUMNI ACCOUNTING ALUMNUS RECEIVES LIFETIME ACHIEVEMENT AWARD Richard N. Reisig grew up in Billings, the youngest of five profession that gives you so much but volunteering is selfish, children. While still in high school at Billings West, he took too, because you learn so much and experience so much an accounting class that seemed to resonate with him. “At personal growth. I’ve made numerous lifelong friends from the time I wasn’t sure what I was going to do. I looked at volunteering.” architecture but that took five years and I didn’t want to do Through the years Rick has been an indispensable that!” volunteer for MSCPA. He has served on the Not-for-Profit So Rick became a Bobcat, majoring in accounting at Committee, the Governmental Accounting, Auditing and Bozeman. “I thought I’d get my accounting degree, pass the Financial Reporting Committee, the Relations with the State CPA exam and then maybe think about law school. After my Bar Task Force, the Compensation and Benefits Committee, first law class in college I kicked that one off the list.” numerous Annual Meeting Planning Committees and on He graduated from the Board of Directors, Montana State University in “ I LIKE THE IDEA OF BEING AN rising through the ranks as 1982 with a B.S. in Business Director, Secretary/Treasurer, INDEPENDENT AND OBJECTIVE with an Accounting option. President-Elect and finally as By the time he graduated he President in 2001-2002. PARTY. YOU’RE THE THIRD EYE already had a job lined up Rick has always been AND YOU GET TO DEAL WITH A with Hamilton Misfeldt in one to have fun in whatever Great Falls. he’s doing and never is LOT OF ACCOUNTING ISSUES.” “I took the exam in May that more apparent than at — Richard Reisig 1982 and was notified in annual meetings. “One of August that I had passed all my fondest memories as an parts. I started at Hamilton Misfeldt on July 6th that year.” MSCPA member is when Dan Vuckovich was president and Rick officially became a CPA in 1983 because he already had we did the Johnny Carson thing at the Business Meeting. I experience working for Weber Dobson in Billings for a couple wrote the script in Dan’s suite the night before while Dan of summers. went out partying with Galipeau.” But that was the beginning It was audit season when Rick started with the firm and of a whole new model for MSCPA Business Meetings and he realized he liked working with different businesses. “I like Rick’s script set the bar high for future conventions. In fact, it the idea of being an independent and objective party. You’re is thanks to Rick that Montana still has an annual meeting. the third eye and you get to deal with a lot of accounting When other state societies stopped holding conventions Rick, issues.” And so Rick’s expertise in auditing began. while MSCPA President, encouraged the Board to “beef up” The 80’s were good to Rick. He met his wife Carrie in the meetings, bring in higher quality speakers and ramp up 1988. “We had our first date on August 1, 1988 and got married the fun. It’s been a very successful suggestion! on September 16, 1989.” He became a partner at Hamilton After his time as MSCPA President, he became of member Misfeldt on July 1, 1989 at the same time as Dan Vuckovich. of the State Board of Accountants, Montana’s regulatory But the 90’s weren’t too shabby either. In 1992, their son agency. “It used to be you could serve five years, then sit out Dawson was born, and in 1995 daughter, Skyler, entered this a year, then be reappointed. When the rules changed and you world. could be reappointed I was the first who didn’t have to sit Rick is known for his leadership as an active member and out a year.” He went on to serve as Chair of the State Board past-president of MSCPA and for his service on the State in 2008-2009 and again in 2010-2011. “This really helped me Board of Accountants. “I think volunteering creates another solidify the pride I have in the profession. It introduced me to opportunity to learn. It allows you to learn more about your people who have become mentors to me on a national level.” profession, but also how to deal with other people from other His service on the State Board helped him to be appointed businesses, how to voice my opinion and listen to others to as the Rocky Regional Director on the National Association help shape my opinion. Yes, you want to give back to the of State Boards of Accountancy (NASBA) on October 30

29, 2013. Rick is currently being considered for an at-large director position with NASBA—a decision that will be made by the end of June. “I’m pretty proud to represent the small guy, the local firm and the sole practitioner, the Rocky Mountain region—I’m proud to share our perspectives on these issues.” Perseverance has been a theme throughout Rick’s service. “Rarely did I get these positions on the first try. That’s true for the MSCPA Board, the State Board and NASBA, but I kept trying.” Rick was initially disappointed when he didn’t get a position on the FAF Private Company Council, but soon after, he was appointed to the AICPA Auditing Standards Board. “Sometimes it doesn’t work out but something else opens up.”

And now with all those leadership examples, Rick is being presented MSCPA’s highest honor: The George D. Anderson Distinguished Service Award. “For years I’ve looked at this award as the pinnacle of a career. I’m so proud and appreciative, and humbled, to be associated with prior award recipients. I appreciate my nominators so much, that that they think I’m worthy enough to be considered for this award. This is the pinnacle of my career so far.” Looking to the future, Rick has a very poignant goal: “I’d really like it if some day my kids meet someone who says ‘Your dad did a lot of good things for the profession.’ You hope that when you are 75 someone will look back and say ‘I’m glad I had the opportunity to get to know him or work with him.’” Excerpted from MSCPA article.

Rick Reisig and his wife Carrie, with the prestigious George D. Anderson Distinguished Service Award. Photo courtesy of the Montana Society of CPAs.

FEATURING: PROGRAMS PROGRAM HONORS FAMILY-RUN BUSINESSES A gift and effort to salute one retiring businessman 20 years ago has grown into a statewide business recognition and outreach program that has honored more than 120 family-run businesses to date. Montana State University’s Family Business Program was established in 1994 when Robert Jaedicke, a former member of the MSU College of Business Dean’s Board of Advisers, gave $50,000 to MSU, via State Farm Insurance, when he retired. The gift created a permanent endowment that supports the program. Since then, State Farm has continued supporting the program annually. Stockman Bank joined the partnership in 2006, underwriting awards and providing additional support for the outreach programs. Also in 2006, the Montana Chamber of Commerce began supporting the program. The process of receiving a Family Business Award lends to the award’s prestige. Businesses must first be nominated, either by the business itself or by other community members. Then, if the business owners would like their nomination to be considered, they fill out an application. A panel of judges composed of leaders from MSU and the business community selects the winners, which are announced at an annual awards seminar and luncheon, usually held in the fall. Awards are given in seven different categories: very small business (fewer than 10 employees); small business (10-30 employees); medium business (30-50 employees); large business (more than 50 employees); old business (operating at least 50 years); new business (operating 10 or fewer years); and special recognition. Colombo’s Pizza and Pasta won a Family Business Award in 2009. Joe Colombo, who owns the popular Bozeman restaurant with his wife and daughter, said the recognition meant a great deal, particularly because Colombo’s Pizza and Pasta was the family’s fourth attempt at owning a business after moving to Montana in 1977. “[Years before receiving the Family Business Award] we had come close to packing it up and leaving the state,” Colombo said. “It was quite an honor to be recognized.” Now, the bustling restaurant has been in operation for nearly 30 years, serving up handmade pizza and specialties to countless MSU students and community members from its location just north of MSU’s campus. Craig Ehlert, director of the Family Business Program and teaching professor of business, said the program’s primary goal is to provide recognition to family-owned and operated businesses. “Any time you’re recognized by peers or your fellow business community, that really helps people feel good about what 32

they’re doing and makes them continue to want to work hard,” Ehlert said. “Most people don’t actively seek these types of recognitions, but when they come along, they’re very gracious and thankful for getting them.” Brad Daws, a State Farm Insurance agent who is involved with the program, added that the communities in which the businesses are located are pleased to see one of their own recognized. “It’s kind of like a local high school team that does well,” Daws said. “Everybody’s proud to see that recognition.” Ehlert added there are several other benefits to the program. First, when family businesses are recognized, they can become something of a model to the wider business community. Showcasing these businesses can inspire other family-run businesses in Montana to also strive for excellence. “The more visible this program and the winners are, the more it will help other family business owners see that they can also do well,” Ehlert said. Well-run family businesses also make important contributions to Montana’s economy, Ehlert said. “Most of these businesses are not very big, but they are huge contributors to the state’s economy,” Ehlert said. “We’re really glad to be able to provide some recognition to them for their great efforts.” There are roughly 120,000 businesses in Montana, Ehlert said, and the approximately 120 businesses that the program has recognized really stand out. “There are a lot of really great companies out there,” Ehlert said. “This is really the cream of the crop.” By Anne Cantrell, MSU News Service

Colomboâ&#x20AC;&#x2122;s Pizza and Pasta won a Family Business Award in 2009. Joe Colombo (center), who owns the restaurant with his wife, Janet (left), and daughter, Cassie (right), said the recognition meant a great deal. MSU photo by Kelly Gorham Left: The Columbo's sign and mural are painted directly on the building.

FEATURING: PROGRAMS ACCOUNTING STUDENTS COMPLETE HUNDREDS OF TAX RETURNS FOR STUDENTS, COMMUNITY MEMBERS Accounting students from the Montana State University Jake proud of our students for their dedication and their work.” Jabs College of Business and Entrepreneurship helped more Several of the students who participated in VITA agreed than 463 individuals in the community complete their tax with Christensen that the program offers valuable experience. returns this year – for free. Student Kate Locke said she enjoys the opportunity to work The approximately 25 students who prepared the returns with people. did so as participants in the national Volunteer Income “These are real clients, and we’re preparing real returns,” Tax Assistance, or VITA, program. The program has two Locke said. “We’re applying classroom theory to the real world. goals: to help people in the community by providing free tax “Every single client is so unique,” Locke added, noting that preparation services for individuals making less than $58,000, she learns something new from each person. Locke plans to and to provide aspiring accountants practice in their profession. pursue accounting as a profession after graduating from MSU VITA is a win-win for this spring. both the student volunteers Melissa Eder, a senior " IT’S EXCITING TO STUDENTS THAT business and the community student from THEY CAN APPLY WHAT THEY members who choose Columbus who also to take advantage of the participated in the VITA LEARN IN THE CLASSROOM TO program, according to program this year, said that HELP PEOPLE.” — Anne Christensen Anne Christensen, an MSU helping people file their accounting professor who returns – particularly those directs VITA at MSU. individuals who received refunds – provided her with a sense of “A huge benefit to the students is that they’re dealing with satisfaction. real clients and real issues,” Christensen said. “The community “A lot of people we worked with may be depending on benefits by getting free tax help. And, for many of the people a refund or trying to get a low payment,” Eder said. “It’s we work with, receiving a sizable refund because of tax satisfying to know that you’re helping people. Being a college provisions can make a real difference. It’s exciting to students student, I understand how a $2,000 refund can impact you. that they can apply what they learn in the classroom to help That’s a good chunk of tuition and some books.” people.” After graduating from MSU this spring, Eder plans to work All of the MSU accounting students who served as as a credit analyst. volunteers passed an IRS tax preparation exam, completed Locke, Eder and three other MSU students also traveled at least one comprehensive tax course and received specific to Alaska over spring break through the VITA program. training related to common tax issues, Christensen said. The There, the group prepared tax returns in several small villages. students also had access to a variety of federal and state The students collectively prepared between 250-300 returns reference materials. throughout the week, Eder said. Christensen said that MSU has participated in the VITA Preparing so many returns, particularly in such a short program for more than 20 years. And, over the years, it period of time, helped solidify her knowledge of the tax has grown in scope and popularity. For example, when the preparation process, Eder said. And Eder and Locke both program first began, the students did only paper returns, agreed that working in small, remote villages – which were without tax preparation software. And, in recent years, the accessible only by plane – was also an important experience program at MSU expanded to offer tax preparation services to culturally. international students and employees. “While preparing the return, we were sitting there having a Participating in VITA helps students develop skills that go conversation with the client,” Eder said. “We watched villagers beyond tax preparation, Christensen said. do a tribal dance. We stayed in the school; we rolled out our “The students are also learning how to communicate sleeping bags and slept on the floor. It was an intense week, and effectively, developing those skills of professionalism that will a great experience.” serve them well in their lives,” Christensen said. “I’m very By Anne Cantrell, MSU News Service 34

Top: MSU accounting students (L-R) Melissa Eder, Jenn Adams, and Daigen Afdahl standing on the Yukon River in the village of Alakanuk. Photo courtesy of Jenn Adams. Middle left: Photo taken in Emmonak before the students took a plane to Nunam Iqua. Photo courtesy of Jenn Adams. Middle right: Jenn Adams at the Community Center in Alakanuk where the students filed taxes and slept. Photo courtesy of Jenn Adams. Bottom: Accounting students prepared taxes for individuals in the community and from around campus in Reid Hall. Photo by Kelly Gorham.

STORIES Outstanding Students Faculty And Programs Community Involvement Alumni & Friends

OUTSTANDING STUDENTS

TEAM OF FOUR FINANCE STUDENTS TAKES 1ST PLACE IN RESEARCH COMPETITION The JJCBE CFA (Chartered Financial Analyst) Institute Research Challenge team consisting of Phil Boyett, Grant Ganoom, Nick Tunell, and Jake Weimer, took first place at the regional CFA Institute Research Challenge, in Spokane, on February 21, 2014. As the first-place winner, the team earned a place in the March 18-19, 2014 Americas competition in Denver, CO. There, the students will compete against mostly MBA teams from programs like Harvard, Stanford, Wharton Business School at the University of Pennsylvania, and other top business schools from 47 other regions spanning North and South America. The winner from the Americas competition will face off in the Global Final on April 25, 2014 against the Asia Pacific champion and the Europe, Middle East, and Africa (EMEA) champion. Competition preparation began in October 2013 for the four JJCBE students when they were notified that the firm for their analysis was the Potlatch REIT (Real Estate Investment Trust). They submitted their written report for the competition just after the winter holiday break. Their report received extremely high marks, resulting in an invitation to Spokane for the regional CFA Institute Research Challenge presentation competition. Other schools that competed were: Boise State, Eastern Washington University, Gonzaga,

Northwest Nazarene, University of Montana, Washington State University, and Whitworth. The CFA Institute Research Challenge is a competition between university-sponsored teams that research a designated publicly traded company, prepare a written report on that company, and then present their findings to a panel of judges. Business and finance students participating in the CFA Institute Research Challenge interact with investment professionals and top firms while gaining real-world experience in equity analysis, sell-side research report writing, and presentation skills. The JJCBE team, coached by Peter Rubicam, adjunct instructor of finance, and Eric Flynn, JJCBE alumnus with Bitterroot Capital Advisors, LLC, spent many months and hundreds of hours preparing an analysis and presentation for the competition. This is the fourth year that the JJCBE has fielded a team. In 2011, the JJCBE team placed 2nd at the Spokane competition and last year, 2013, the student team took 1st place in Spokane. Previous team members have said the experience was not only rewarding, but also provided them with invaluable experience. These students received support and funding from the Alderson Program in Entrepreneurship.

Left to Right: Eric Flynn, Jake Weimer, Grant Ganoom, Nick Tunell, Phil Boyett, Peter Rubicam

UNDERGRADUATE BUSINESS STUDENT CO-AUTHORS PAPER WITH FACULTY MENTORS, EARNS HONORABLE MENTION Michelle Cassens, a junior studying business management, has an interest in information technology. She currently serves as IT support for the Jake Jabs College of Business & Entrepreneurship (JJCBE) under the mentorship of associate teaching Professor, Jerry Carvalho. He, along with Dr. Harry Benham, the interim associate dean for administration and finance, nominated Cassens for a 2014 Presidential Emerging Scholar Grant program. This program through the MSU Alumni Foundation selects grant recipients based on one simple criterion –potential. Cassens is the first student from the College to receive this honor. The Emerging Scholars Program seeks to enable students to realize their potential through faculty mentorship and work on an extra-curricular project. With the grant, Cassens was able to pursue a research project in an area of interest to her – information technology. The purpose of the study was to gain a deeper understanding of MSU’s current student population, specifically JJCBE business students. Cassens and her mentors wanted to know how students perceived the benefits and disadvantages of the use of mobile technology in the classroom. Additionally they wanted to know how students would feel about a purposed policy change (Bring your own device, BYOD) where students would be required to bring their own personal devices to be used in the classroom for educational purposes. Through her research, Cassens found that students are eager to make use of their smartphones, tablets, and/or laptops to enhance their in-class learning and engagement. Regrettably, students feel that their faculty are resistant to using mobile computing devices in-class. In all, they collected 451 responses. Along with Jerry Carvalho and Dr. Harry Benham, Cassens co-authored a research paper “Student’s Perceptions Towards In-Class Use of Mobile Technology”, which was submitted and accepted for publication. Cassens and Dr. Benham attended the International Association for Computer Information Systems (IACIS) convention in Las Vegas, Nevada where Cassens presented their paper in front of an international group of IT educators. The paper was recognized with an Honorable Mention for the Best Pedagogy Paper Award. Cassens only had great things to say about her experiences conducting research as an undergraduate student. “This opportunity has allowed me to gain an understanding of the entire research process,

from the data collection and analysis phase to publishing and presentation. Understanding this process has been an invaluable component in my college education to date primarily because it allowed me to understand, more deeply, project management and the process by which one undertakes and successfully completes a large project. There is nothing else in my life that I can compare the feeling of accomplishment and increased confidence in myself that this experience has given me.” She said that her participation in the IACIS conference has opened her mind to future possibilities of research and possible fields of study that she would have never previously considered. While at the conference, Michelle was able to meet other individuals that share a similar passion for academia and coincidentally created a safe atmosphere for her to gain more knowledge about the future careers and potential academic pursuits. Working with a student on a project of this scale was very rewarding for the two mentors. “I’ve been privileged to see her connect classroom content to practical application, and witness a Montana ranch girl present substantiated research at an international academic forum.” said Dr. Benham. The experience was eye-opening and in-line with the Emerging Scholar grant goal of having engaged professors and advisors recognize a student’s potential to achieve academic excellence. “I am incredibly appreciative of this experience and know that I will draw from these lessons learned long past my academic career at MSU,” she said. Cassens is already working on ideas for next year’s paper.

Michelle Cassens

OUTSTANDING STUDENTS

STUDENTS PRESENTED WITH COLLEGE HONORS AT THE END OF THE SEMESTER At the end of each semester, the Jake Jabs College of Business & Entrepreneurship (JJCBE) recognizes students for their accomplishments throughout the year. Four students, one in each option, are awarded the Dean’s Award for Excellence during the graduation celebration. Award recipients are chosen by the faculty. Starting in the spring of 2014, one or more student speakers have also been chosen to address their fellow classmates at the event. SPRING 2014 • Accounting Option: Robert Lawson, Tyler Reichhoff • Finance Option: Grant Ganoom • Management Option: Kaci Shea • Marketing Option: Kristin Laird Student speakers: Kristina Bart & Arnie Kleinsasser FALL 2014 • Accounting Option: Faisal Alsiyud • Finance Option: Marissa Riopelle • Management Option: Abigail Lair • Marketing Option: Madison Cebuhar Student speakers: Faisal Alsiyud & Abigail Lair SPRING 2015 • Accounting Option: Luke Arbib • Finance Option: Amber Stenson • Management Option: Erica Dunn • Marketing Option: Berthiaume Lord Student speaker: Amber Stenson The graduation celebrations take place the Friday before Commencement and serve as a great way for students to celebrate their time at MSU with family, friends, and JJCBE faculty and staff.

The 2015 Awards for Excellence honorees (L-R): Mike Gold, Carlee Benson, Christie Johnson, Zakir Afridi, Susan Dana, Erica Dunn, Maggie Hammett

SENIORS AND THEIR MENTORS HONORED AT AWARDS FOR EXCELLENCE BANQUETS Forty of Montana State University’s top seniors and their faculty or staff mentors were recognized at the 32nd and 33rd annual Awards for Excellence banquets held on the MSU campus. Each year, the MSU Alumni Foundation and the Bozeman Chamber of Commerce co-host this banquet. Honored students were nominated by faculty in their college or department. Qualified seniors must have at least a 3.5 grade point average on a 4.0 scale, as well as demonstrated campus leadership and community service. The award-winning students each selected a mentor who were honored with them at the event. The 2014 JJCBE Excellence award winners and their mentors are: • A bigail Lair, management and marketing, Big Timber, Mont., [Agnieszka Kwapisz] • C rystal Reichhoff, accounting, Hysham, Mont., [Greg Durham] • K aci Shea, management and marketing, Ennis, Mont., [F. William Brown] • E lizabeth Van Dyke, management and finance, Bozeman, Mont., [Gary Bishop] The 2015 JJCBE Excellence award winners and their mentors are: • Z akir Afridi, accounting, Khyber, Pakistan, [Christie Johnson] • C aroline Benson, marketing, Seoul, South Korea, [Mike Gold] • E rica Dunn, business, Sandpoint, Idaho, [Maggie Hammett] • S ydnee Tobiason, accounting, Missoula, Mont., [Steve Ault]

As the Student Choice Award honoree, Brent Rosso, re-wrote lyrics to a popular song as a charge to the graduates.

Amber Stenson, studying finance and economics, was also honored through the MSU Honors College.

TWO BUSINESS STUDENTS EARN COVETED ‘TORLEY’ AWARD FOR COMMUNITY INVOLVEMENT A total of eight MSU seniors won the 2015 Torlief Aasheim Community Involvement Awards, the university’s top award for student service. Two of the students were studying business. Erica Dunn from Sandpoint, Idaho, is majoring in business. She has served as ASMSU vice president and senator, as business manager for ASMSU, on the MSU Budget Council, on the Honors College Advisory Board and as a funding board member with the Office of Activities and Engagement. She also works as a student associate in the MSU Office of the President and as a direct services specialist for the VOICE Center. Dunn has completed more than 150 hours of volunteer work through programs affiliated with ASMSU. Off-campus, she serves on the Governor’s Commission on Community Service and is trained as an advocate in applied suicide intervention skills. Amber Stenson from Wibaux is majoring in finance and economics. At MSU she has participated in the Bobcat

mentoring program, as a member of the College of Business Dean’s Advisory Board, on a student advisory board in the College of Letters and Science and on a provost’s working group dedicated to addressing core academic requirements for MSU students. She also helped establish the first student Toastmasters club at MSU. Off-campus, she has mentored two gifted students and volunteered at the Community Café. Chelsea Bourque, Jessie Hardin, Katie Noland, Sydney Sherick, Caitlin Spencer, and Logan Warberg are the other winners of the award, which recognizes senior students who, in addition to excelling academically, volunteer on campus and in the community. The award was named for the late MSU alumnus Torlief “Torley” Aasheim, former director of the Montana Cooperative Extension Service and a member of the class of 1937.

The 2015 recipients of the Torlief Aasheim Community Involvement Awards. (Amber Stenson is third from the left and Erica Dunn is fifth from the right)

FACULTY AND PROGRAMS

MEET THE NEW MANAGEMENT FACULTY Dr. Andreas Thorsen, assistant professor of management Education: · B.S. in Industrial and Manufacturing Engineering from Pennsylvania State University

· Ph.D. in Industrial Engineering and Operations Research from Pennsylvania State University

Teaching: · BMGT 322—Operations Management · BMGT 433—Managing Quality and Productivity Please give us some insight into what you were doing prior to joining MSU): I joined Montana State University as a part of the management faculty in fall of 2014. Prior to relocating to MSU, I worked for the Sherwin-Williams Company as well as at RAND Corporation. I am a member of Institute of Industrial Engineers (IIE) and Institute for Operations Research and the Management Sciences (INFORMS). What are your academic areas of expertise and interest? My research is in applications of optimization under uncertainty and dynamic optimization. The research spans several areas including supply chain management, emergency transportation, and information systems. The specific mathematical tools I use includes mathematical programming methodologies (e.g., linear and mixed-integer optimization), stochastic modeling, and simulation.

I have been published in Networks & Spatial Economics and I received the Best Paper Award from the Supply Chain and Logistic Track at the IIE Annual Conference in 2013. Your most memorable interaction with a student(s): I cherish the memories of the Faculty vs. MPAc Student basketball game in October Andreas Thorsen which demonstrated the faculty’s high level of athleticism while raising money for the Food Bank. Thoughts about JJCBE and Bozeman so far: My wife, Maggie, and I have had so many magical outdoor adventures in such a short time—it is an exciting place to live, and such a nice community. I feel lucky to have such a supportive environment in JJCBE for my professional academic development. Tell us about your other interests/hobbies and what you do in your free time: I can speak Danish fairly fluently, which may not be a complete surprise given my name. My hobbies include playing basketball and salsa dancing at a novice level.

ACCOUNTING PROFESSOR HONORED WITH PHI KAPPA PHI AWARD Dedicated teachers, dynamic researchers and faculty devoted to the betterment of Montana are among the winners of the top Montana State University 2015 faculty awards. The annual awards honored achievement in faculty research, teaching, outreach and creative projects. The awards were presented at the MSU Spring Convocation on Bonita Kramer Tuesday, Jan. 13. Bonita Peterson Kramer, professor of accounting, won the Anna K. Fridley Distinguished Teaching Award given by the Phi Kappa Phi honorary. She will receive $1,000. Kramer, an MSU alumna in business (accounting), is in her 21st year as an MSU faculty member. The recipient of several teaching awards, including the Montana Society of Certified Public Accountants’ Outstanding Educator Award, Kramer says her overall goal is for her students to understand 42

the material and be able to apply it in various situations. Her graduate students ranked second, first and third in the nation for their first-time pass rate on the auditing section of the CPA exam when she first taught auditing, and they continue to rank above the national average. She emphasizes hands-on learning and real-world situations. Kramer also researches accounting education, typically emphasizing fraud or auditing. Kramer co-authored the book, “Financial Statements DeMystified,” and has published more than 40 journal articles. The computerized fraud examination/auditing case simulation she co-wrote received the Best Teaching Innovation Award in 2012 from the forensic accounting section of the American Accounting Association. Other MSU honorees included: Ann Bergtagnolli, Betsy Danforth, Ariel Donohue, Ada Giusti, Stephanie Gray, Bill Inskeep, Coleen Kaiser, Bern Kohler, Brock LaMeres, Charles (Bill) McLaughlin, Tom McNab, Mary Murphy, Scott Powell, Abigail Richards, Julie Ruff, Brent Rosso (see page 28 for story), Rita Sand, Joseph Shaw, David Weaver, and Linda Young.

MPAC STUDENTS ENGAGE WITH FACULTY & STAFF THROUGH FRIENDLY COMPETITION Our faculty are always striving to find ways to connect with students outside of the classroom and develop even better relationships that encourage mentoring and growth. Accounting professor Ed Gamble and two Master of Professional Accountancy program (MPAc) students (Adam Evans and Nolan Preeshyl) came up with a brilliant plan. On October 16, they held a student vs faculty basketball tournament. They losing team would have to pay up with a donation to the Gallatin Valley Food Bank. Ten faculty played an intense game against 16 accounting students, who called themselves the “Intangible Assets.” Family and friends cheered on both teams. The students designed all their pink jerseys with creative sayings like “Let’s Get Fiscal!”, “LIFO the Party,” “Asset on the Court,” and “Be Audit You Can Be!” In the end, the faculty won and $400 was donated to the local food bank, which provides food for 10 households for five days! Faculty and students alike had such a good time… plus the students wanted another shot at beating the faculty so a dodgeball tournament was scheduled on April 27. This time, 12 faculty and three staff teamed up to play against 13 accounting students with the students prevailing. These types of interactions were so successful that the College hopes to hold more fun activities that engage students with faculty and staff throughout the year.

Bottom left: The students decorated their jerseys with witty accounting themes. Top Right: Faculty go in for a team huddle during the basketball game. Center Right: Nolan Preeshyl and Ed Gamble present a check to the Gallatin Valley Food Bank. Bottom Right: Participants in the dodgeball challenge.

FACULTY AND PROGRAMS

ANNUAL FACULTY HONORS GIVEN AT THE END OF THE SEMESTER At the end of each academic year, the Jake Jabs College of Business & Entrepreneurship (JJCBE) recognizes its faculty for their accomplishments throughout the year. Faculty received these honors based on their outstanding performance in teaching, research, and service. Some of the awards, provided through endowment programs, give faculty members financial resources for scholarly and pedagogical development. Award recipients were: SPRING 2014 Carstensen Haferman Excellence in Teaching Award: Terry Profota, assistant professor of management Harold & Reta Haynes Faculty Fellow Award: James Oakley, associate professor of marketing Scott & Barbara Heck Faculty Scholar Award: Brent Rosso, assistant professor of management Joe & Sharlene Loendorf Excellence in Teaching Award: Steve Ault, associate teaching professor of accounting Thomas Nopper Excellence in Teaching Award: Amber Raile, assistant professor of management Dean’s Award for Outstanding Performance in Research: Mary Burns, assistant professor of accounting Dean’s Award for Outstanding Performance in Service: Greg Durham, associate professor of finance Dean’s Award for Outstanding Performance in Teaching: Omar Shehryar, associate professor of marketing Gary K. Bracken Student’s Choice for Excellence in Teaching Award: Craig Ehlert, associate teaching professor of management

SPRING 2015 Carstensen Haferman Excellence in Teaching Award: Amber Raile, assistant professor of management Harold & Reta Haynes Faculty Fellow Award: Agnieska Kwapisz, assistant professor of management Scott & Barbara Heck Faculty Scholar Award: Angela Woodland, associate professor of accounting Joe & Sharlene Loendorf Excellence in Teaching Award: Jerry Carvalho, associate teaching professor of management Thomas Nopper Excellence in Teaching Award: Graham Austin, associate professor of marketing Dean’s Award for Outstanding Performance in Research: Ed Gamble, assistant professor of accounting Dean’s Award for Outstanding Performance in Service: Anne Christensen, professor of accounting Dean’s Award for Outstanding Performance in Teaching: Brent Rosso, assistant professor of management PRIDE Code of Excellence Award: Tim Alzheimer, associate teaching professor of finance Gary K. Bracken Student’s Choice for Excellence in Teaching Award: Brent Rosso, assistant professor of management

Tim Alzheimer

Steve Ault

Graham Austin

Mary Burns

Jerry Carvalho

Anne Christensen

Greg Durham

Craig Ehlert

Ed Gamble

Agnieska Kwapisz

James Oakley

Terry Profota

Amber Raile

Brent Rosso

Omar Shehryar

Angela Woodland

FROM THE CLASSROOM TO WALL STREET One of the most unique opportunities for our students, is a sixday trip to New York City, every other year. Since 2009, Gary Caton, finance faculty and Finance Club advisor, has planned comprehensive visits to the Big Apple for business students. Caton has developed this biannual trip in order to give his students an opportunity to experience what it would be like to live and work for in finance in the world’s financial capitol. In January 2015, sixteen students, along with professors, Gary Caton, Frank Kerins, and Steve Ault, got this experience. “In class, our students learn how companies raise money in the markets, and how to invest in the markets. The New York trip puts our students face-to-face with the professionals who bring securities to market, trade securities on the trading floor, form and manage portfolios of the securities, and analyze the creditworthiness or perceived value of the securities traded on the markets.” Each trip includes visits to major financial institutions and the opportunity to meet top executives, some of whom are alumni of or otherwise affiliated with MSU and/or the College. This year the students visited the New York Stock Exchange opening ceremony, Fortress Investment Group, CitiGroup, Bloomberg Inc., the Durst Organization, One World Trade Center, the Bank of America trading floor, SMBC Nikko Securities, and the NASDAQ closing ceremony. The group also visits historic sites and events that bring the big city to life such as Fraunces Tavern where George Washington addressed his officers during the Revolutionary War, the National 9-11 Museum, the Statue of Liberty, the Empire State Building, Central Park, Madison Square Garden, and Broadway to name just a few. “The trip transforms textbook learning of theoretical ideas and complicated formulas into flesh and blood allowing our students to visualize themselves working on Wall Street. Brad Penoyer (’13 finance), was one such student who translated our 2013 trip to Fortress Investment Group into a full time analyst job there. This year, he served as a tour guide for our trip to Fortress.” Videographer and finance student Brian Morse made the trip this year. To see the trip from the viewpoint of the students, check out his video at: http://bit.ly/1d4GU5Y. The college encourages students to be engaged in their learning to better prepare for their future through these types of experiences, which are facilitated through the JJCBE faculty and student organizations.

Photos courtesy of the Finance Club.

COMMUNITY INVOLVEMENT

R/GA RETURNS TO MSU, HIRES MORE INTERNS World” to the MSU campus and Bozeman community, that Thursday evening. During their public talk, the team discussed how it’s not easy marketing brands in today’s always-on, highly distracted world and they addressed how to truly engage customers and how to think beyond splashy ad campaigns. The speakers also gave examples about how they have taken their expertise in working with brands like Nike, Samsung, and Google to turn Internet of Things (IoT) startups in the R/GA Accelerator into truly marketable brands. The Internet of Things is a proposed Michael Piccuirro, a technical designer at prototype studio and marketing agency R/GA, shows MSU students how to use technology like Google Glass, for creating prototypes to help launch businesses. development of the Internet in which everyday objects have network connectivity, allowing those objects to In the spring of 2014, a team of R/GA employees accepted send and receive data. The R/GA Accelerator is an immersive, an invitation from Kregg Aytes, the dean of the Jake Jabs mentor-driven program that helps startups build businesses College of Business & Entrepreneurship (JJCBE) to visit and brands that can scale. MSU and share their expertise in melding technology and “We’re excited to have the R/GA team back in Bozeman creativity. They accepted and gave a standing-room only and the chance for students and the community to learn public talk on their work with Nike on the FuelBand the more on how brands today are intersecting with design, first day in town. They followed up with an interdisciplinary technology and marketing,” said Jacob Cook, a JJCBE workshop, “Prototyping in an Agency World” and a session instructor who teaches digital marketing at MSU. on “How to Get a Job with Personal Branding” with student In addition, the R/GA team interviewed numerous interviews and class visits in between. potential student candidates across business, engineering and After that successful visit from the R/GA team, the graphic design for its summer internship programs. Four College wanted to continue the relationship with the awardMSU students were accepted into their internship program: winning interactive agency, which had been recently named Caroline Benson, business; Kris Gross, graphic design; Advertising Age’s 2015 Agency of the Year. Andrew Nakas, film; and Kyle Swoyer, graphic design. “We see this as a way to create a relationship with a A handful of MSU students were able to participate forward-looking company, said Aytes. “It’ll have the in their internship program after the 2014 visit, and Scott long-term benefit of inspiring our students, and providing Kundert, a marketing student secured a full-time position in opportunities for jobs and internships for others.” NYC with R/GA after graduation. A team of three employees from the Data Visualization Team at R/GA descended upon Bozeman, March 18-20, 2015. About the Company Marc Maleh is the managing director, Michael Piccuirro R/GA, the company for the connected age, develops is the technical director, and Shu Zheng Li is the creative products, services and communications that transform director. Both Maleh and Piccuirro had made the trip to brands. Founded in 1977 as a pioneer in computer-assisted MSU in 2014. filmmaking and special-effects, the agency has always been at During their visit, the guests visited many of the College’s the intersection of technology, design and marketing with work interdisciplinary classes including the Innovation Ideation course, Integrated Online Marketing Course, and Advertising spanning web, mobile, social, retail and e-commerce, product innovation, brand development, and business consulting. R/GA Class. They held office hours to meet with students, listened has more than 1,400 employees globally with offices across the to startup pitches in the Blackstone Launchpad, and United States, Europe, South America, and Asia-Pacific. presented “Making and Marketing Brands in a Connected 46

ALUMNI AND FRIENDS GATHER AT ANNUAL GOLF TOURNAMENT More than 100 golfers teed up on September 26 at Riverside Country Club for a day of golfing, competition and networking. The 13th annual event entertained a sold-out crowd of players and volunteers representing accounting firms, banks, consulting, construction, insurance, real estate, and other many other industries. Similar to past years, the tournament kicked off with a shotgun start and ended with an awards ceremony. Students from Enactus and the Finance Club manned the Betting Hole and when the winner’s name was drawn, he donated all the proceeds back to the two clubs. Auction packages were bid on throughout the day with profits specifically going towards the Friends of the Classic Open Golf Tournament scholarship. Scholarships raised from this tournament were awarded this spring for the 2015-2016 academic year. Last year’s recipients were Jacob Bourdow and Lauren Buechler. The first place team this year consisting of Jeff Weedin, Brandan Bassett, Ryan Elliot and Ty Elliot, sponsored by Pine Cove Consulting, took home the traveling crystal trophy. Players also won prizes for longest drive and closest to the pin. It is with the support of event sponsors, players and silent auction donors that the College is able to continue providing excellent business education. The Bacchus Pub and Rudd & Company were this year’s main sponsors. A complete listing of all donors to the Golf Tournament and other JJCBE activities can be found in the Honor Roll of Donors located in the back of this report. The next tournament is scheduled for Friday, September 25, 2015. Please contact Anna Reardon at anna.reardon@montana. edu for more information or see the JJCBE website at www. montana.edu/business/alumni/golf.html.

Gross 1st Place: Jeff Weedin, Brandan Bassett, Ryan Elliot, and Ty Elliot (Pine Cove Consulting) Gross 2nd Place: Tom Starner, Sid Miner, Duane Morris, Dan Rust (Gene Cook Real Estate) Gross 3rd Place: Adam Wrightson, Mike Eide, Scot Eide, Dusty Fasbender (Dottys) Net 1st Place: Chris Remely, Paul Uithoven, Todd Olson, Lee Oldenberger (Dokken Nelson) Net 2nd Place: Tmesghen Starr, Ron Ahlers, Brad Daws, Martin Lewis (MSU Athletics) Net 3rd Place: Sean Gallinger, Lindsay Gallinger, Drew Payne, Randy Cameron (Gallinger Team) Longest Drive (Men 0-20): Mike Eide Longest Drive (Men 21+): Matt Johnson Longest Drive (Women 0-20): Lynda White Longest Drive (Women 25+): Kalli Ryti Closest to the Pin (Men): Dan Ritter Closest to the Pin (Women): Lynda White

The Dokken Nelson team

COMMUNITY INVOLVEMENT

COLLEGE HELPS BRING NEW B2B NETWORKING LUNCHEON TO BOZEMAN In an effort to connect more with the community, the College partnered with the Bozeman Daily Chronicle (BDC) and other local businesses to host a brand new networking luncheon series that featured vibrant speakers and engaging networking opportunities in a fun, collegial atmosphere. Branded as Business Journal events, the BDC spearheaded the series, which included the first ATHENA Awards and the annual 20 Under 40 Awards. The first luncheon took place on September 22 and following sessions were held through May on the 4th Monday of each month from 11:30 a.m.-1:00 p.m. at the Hilton Garden Inn. Featuring a number of speakers and topics, the sessions provided a great environment for students as well as faculty and staff to mingle with the business community and learn Keynote, Dorothy Bradley, addressing the crowd at the 2020 Women on Boards event. about the local business concerns and environment. A total of 72 MSU students, staff, and faculty were able to attend COLLEGE BRINGS NATIONAL EVENT TO the nine different sessions covering topics from the Montana BOZEMAN High Tech Alliance and a photonics panel to a performing arts panel, Bozeman real estate trends, and recognizing young On November 20, 2014, the JJCBE hosted the first ever business professionals in the area. “National Conversation on Board Diversity” event in The April session featured, Kregg Aytes, dean of the Bozeman with more than 30 attendees. Numerous 2020 JJCBE, and he presented “Innovation and Growth: Creating a Women on Boards’ affiliates, friends, and supporters also held Collaborative Business School.” One particularly memorable events in cities across the U.S. as well as abroad, to share ideas, moment was when he asked the audience to stand if they strengthen and grow their networks and change business for graduated from the College, had been a guest speaker for the the better on the 20th. College, or took advantage of one of the free services that the “Companies with a strong proportion of women on their College offers (pro bono consulting, free tax assistance, etc.) Boards of Directors perform better—it’s just that simple. and more than 90% of the audience stood up. Consistently, research finds that companies with women on This town and gown partnership with the BDC and their boards have higher returns on equity, lower relative local businesses provided a great opportunity to strengthen debt levels, higher stock valuation and higher average growth” our relationship with the community as well as encourage said Stephanie Sonnabend, Chair and Co-Founder of 2020 students to get to know and network with business Women on Boards. professionals. The event featured keynote speaker, Dorothy Bradley, who currently serves as the nominating and corporate governance director for Northwestern Energy. She is also the national advisor for the American Prairie Foundation and on the One Montana Board. The event also included a gender diversity index presentation given by MSU alumna, Britt Ide, president and founder of Ide Law & Strategy prior to the keynote presentation. A networking reception, with hors d’oeuvres, followed the presentations. About 2020 Women on Boards: 2020 Women on Boards is a national campaign to increase the percentage of women directors on U.S. corporate boards to 20 percent or greater by 2020. For more information, visit www.2020WOB.com. 48

Carlee Benson was one of many business students who were able to network and participate in the B2B Luncheon series.

ENTREPRENEURS-IN-RESIDENCE SHARE EXPERIENCES AND ADVICE WITH STUDENTS A different entrepreneur-in-residence (EIR) serves as a mentor and resource for students each semester. This year, the entrepreneurs and their businesses were hugely diverse and they provided valuable information to our students and the larger Bozeman community. Each EIR provides one-of-akind mentoring and face-to-face interactions with students by visiting classes, holding office hours, and giving a public presentation and/or workshop. The spring 2014 EIR was Jeanne Callahan, owner of Social Enterprise Hub. An entrepreneur, strategist, and business development professional, Callahan has worked for The Walt Disney Company, Fox Sports Net, AT&T, and several software startup entities. She also designed and launched a women’s entrepreneurship center at the University of Denver Women’s College in 2011. The center became a physical and virtual hub for women-owned businesses in the Denver metro area. She later served as an Executive Business Mentor in the Real Business Experience program at Butler University while living in Indianapolis. Callahan has an MBA from Columbia University in New York City and a B.A. in International Studies from Miami University of Ohio. She presented “More than Luck: Why Becoming an Entrepreneur is Not about Winning the Lottery” on April 16. In her presentation, she discussed how people can create a focused approach for becoming an entrepreneur—even while a student. She also discussed possible career paths that can lead to entrepreneurial opportunities, the benefits of adopting an entrepreneurial attitude, and will dispel the myth of being “lucky” with career choices and opportunities. Andrew Hull, president and founder of Elixiter, served as the fall 2014 EIR. He is a veteran of business-to-business marketing and software-as-a-service (SaaS) space models. As a passionate business technologist, Hull is leading Elixiter to deliver on the promise of high impact marketing automation. Prior to founding Elixiter in 2011, he served in a wide range of functions at RightNow Technologies (acquired by Oracle). Hull has established Elixiter as a dynamic company that will provide continued growth and opportunity in Bozeman. The company has grown for one employee to 28, with 57% of employees consisting of JJCBE business alumni. Hull holds an MBA from Carnegie Mellon University and is a native of Montana. Hull’s public presentation, “High Growth Start-ups: Why Transparency with Prospects, Customers, Employees, and Stakeholders is the Secret Sauce for today’s Successful Entrepreneurs” took place on October 29. Hull shared with the audience why providing transparency into your business drives increased sales, loyal customers, engaged employees, and

trust from stakeholders by using Elixiter as an example. He also further discussed the philosophy, methods, and tools Elixiter utilizes to drive profitability and triple digit growth rates. The most recent EIR was Patrick Crowley, founder of Chapul, this spring. His interesting career path has taken him from surf guide, to whitewater rafting guide, to hydrologist, to now insect-eating entrepreneur, all driven for his passion to ensure a more sustainable water future. Crowley started Chapul in 2012 and his mission is to introduce insects into Western cuisine as a more water-resource efficient form of food. The intent is to create a consumer demand that will drive changes at the agricultural level towards a more sustainable food system. In his public presentation on February 24, “Bringing Insects to Market: How Chapul Created an Entirely New Food Category,” Crowley covered his quest from “water geek” to entrepreneur and his passion about creating a sustainable water solution for future generations through his innovative products. He also helped put on a special crowdfunding workshop with professors, Scott Bryant and Jake Cook, which provided advice on how to creatively fund a startup. Crowley talked to the participants about his experiences with both a successful Kickstarter campaign and his pitch on Shark Tank, which secured a $50,000 investment from Mark Cuban. He provided many insights into how to plan a crowdfunding campaign including setting goals, offering incentives, and delivering on their commitments. He wrapped up his visit to MSU by participating in the 27th annual Bug Buffet as a speaker.

Freshman students from the Living Learning Community floor in South Hedges try dishes at the Bug Buffet and learn about Pat Crowley’s business, Chapul.

COMMUNITY INVOLVEMENT

DIVERSE SET OF ORSER EXECUTIVE FORUM SPEAKERS FEATURED Each semester, the College brings in a speaker through the Orser Executive Speakers Forum to help further enhance the educational experience of students studying business by providing access to a wide range of successful business professionals. In 2014, the JJCBE brought in Ashley Jablow from OpenIDEO in the spring and Kristy Young, managing partner for blaZe interactive, LLC during the fall semester. Jablow presented “Creativity, Design Thinking, and the Crowd: Harnessing the Power of Open Innovation to Create Social Impact” on April 10 in the Procrastinator Theater. She serves as a liaison between OpenIDEO’s online community and its sponsors and partners and also works with teachers and students to explore the role that OpenIDEO plays in education. Her presentation was focused on how OpenIDEO was created and what makes its global community of 60,000 members uniquely positioned to change the world. She also spoke about what OpenIDEO’s community has achieved so far, the lessons the team has learned and how the community’s open innovation approach is changing the way people collaborate. The College switched gears by bringing in an executive from the sports media industry. Young is the managing partner for blaZe interactive, LLC. She relocated to Montana after 11 years in New York City, most recently as vice president of product management for USA TODAY Sports Media Group, and director of product management for ESPN Mobile before that. Young shared with the audience, “Thinking Big, Starting Small.” As a graduate from the University of Wyoming, she talked about how students at Montana State can leverage their education and experiences to set themselves apart. Young shared lessons learned and provided her perspectives and advice on jobs, internships, and networking to get ahead. The spring 2015 Orser speaker came about from a serendipitous opportunity. Marty McVey, president of a private equity firm in Texas and a director of the United State Agency for International Development (USAID) Board for International Food and Agricultural Development (BIFAD), came to campus for a board meeting, and ended up serving as our Orser speaker for the semester as well. His talk, “Entrepreneurship & International Development” took place on April 9 in Reid Hall 108. McVey addressed successful and unsuccessful domestic entrepreneurship and the significant role of U.S. foreign policy in international entrepreneurship. He followed up his presentation with a small question and answer session as well as more discussion 50

in the MSU Blackstone Launchpad. The Orser Executive Speakers Forum is named for David B. Orser, a 1966 MSU graduate who started funding the program in 1988 in order to inspire MSU business students to pursue careers as innovative, responsible and ethical business leaders.

Top: Marty McVey with our Student Entrepreneurs in Action (SEA). Bottom: Ashley Jablow.

ALUMNUS ENCOURAGES ENTREPRENEUR DAY ATTENDEES TO “NEVER GIVE UP” More than 220 students from about 10 Montana high schools statewide visited campus for Entrepreneur Day on October 14, 2014. The daylong event consisted of workshops with business faculty and students, a campus tour, and a keynote address by college alumnus, Ryan Rickert, founder of Clean Slate Group. Rickert shared his stories of failure and success—from underwear companies to teeth-whitening companies—finally to the Clean Slate Group which has grown 900 percent in two years, has 16 employees working on projects in 16 states. Clean Slate Group creates graffiti-resistant vinyl wrappings that cover everything from utility boxes and dumpsters to public vehicles. The company covered 11 traffic signal boxes in downtown Bozeman with the vinyl wraps decorated with artwork from local artists. “It comes down to realizing life isn’t over if your idea fails,” Rickert shared with the audience. “Sometimes you just have to charge after it and have it be your version 1.0. We’re Clean Slate 40.0 right now. We’ve changed so many times.” Rickert’s talk, “The Art of Jumping In,” emphasized the importance of acting on business ideas and to take risks. The students who attended were very positive about their experience on campus. Cathy Ziebarth from Livingston High School said that they took away some valuable lessons and really enjoyed the keynote speaker. “When we were driving back to Livingston numerous students pointed out the boxes that had been wrapped by Clean Slate, even though they didn’t notice them when we came into town.” Others echoed the same sentiments. “It was a great experience for our kids and they really enjoyed it,” said John Hollow from Helena High. This year marked the 11th Entrepreneur Day at MSU. The event is supported in part by the Boeing Company.

Ryan Rickert, founder of Clean Slate Group, speaks to students during the 2014 Entrepreneur Day. Photo courtesy of Adrian Sanchez-Gonzalez.

NATIONAL EXECUTIVES SHARE CAREER EXPERIENCES AND LESSONS IN ETHICS In January, the JJCBE partnered with Northwestern Mutual to bring in three national executives to talk about their career paths and the importance of ethics in the business world. The talk, “A Conversation from the Top: National Executives from Northwestern Mutual on Ethics and Careers,” took place on Thursday, January 29 in the Procrastinator Theater in the SUB. The three speakers were: · Michael G. Carter, executive vice president and chief financial officer, who is responsible for the company’s financial management functions, strategic planning and enterprise risk management oversight. · Tim Gerend, senior vice president-agencies, who is accountable for performance and relationship management of the company’s exclusive independent distribution system. · Ronald P. Joelson, executive vice president and chief investment officer, who oversees management of the company’s $186 billion general account investment portfolio, which is made up of public and private bonds and stocks, preferred stock, commercial mortgage loans and real estate equities. The discussion covered topics ranging from what a mutual company is and how that affects the organization’s strategy and how the speakers ended up at Northwestern Mutual to the importance of ethics and critical decisions and ethics in action. Kregg Aytes, facilitated the discussion with the speakers. The students in attendance had great questions from “What do you wish you had known in college before you embarked on your career?” “What has been your biggest career challenge that you did not anticipate?” These events provide students great opportunities to learn from top executives in a Fortune 500 company. 51

ALUMNI & FRIENDS

WOMEN CONTINUE TO INSPIRE WOMEN THROUGH ANNUAL CONFERENCES The JJCBE Women’s Circle of Excellence (WCOE) continued its mission of enhancing the lives of its alumnae, associates, and friends through its 2014 and 2015 conferences. These conferences provided a great occasion for mentoring and networking, while creating educational and inspirational opportunities for women by women. The 2014 half-day conference on Thursday, May 8 at Riverside Country Club was a solo effort of the WCOE. The 2015 W2 Conference on May 28 was a partnership with Prospera Business Network and the Montana Women’s Business Center. The full-day event was at the Best Western Plus GranTree Inn. Jessi Smith, an associate professor, kicked off the 2014 event with her group session, “Putting Your Best Foot Forward.” This interactive session educated the audience on what deters and what facilitates women to put their best foot forward during recruitment, promotional reviews, and other evaluations. Maclaren Latta’s session, “Harnessing the Power of Technology,” equipped participants with a comprehensive list of technological tools to help them achieve higher levels of productivity in their business and in life. A panel of experienced professional women shared their successes and failures during the session, “Learning for Experience: Success Stories.” Sarah Calhoun, owner of Reds Ants Pants, was the 2014 recipient of the 5th annual Outstanding Mentor Award. This prestigious award honors a mentor who has demonstrated strong leadership and who has donated time, inspiration, expertise, and friends to others. This award was followed by Tamra Chandler, CEO & Founding Partner of PeopleFirm, LLC, the keynote speaker for the event. She shared her story with the audience and emphasized the importance of authenticity in her ability to achieve milestones in her career. Chandler also gave advice on how to find your authentic self, harness its powers and empower yourself to develop your professional identity, enhance your leadership power and build a strong supportive network. The day wrapped up with a networking session, complimentary professional business portraits for attendees, and a silent auction to help raise funds benefitting the WCOE scholarship. The 2015 conference started with Ris Higgins’s presentation, “You’re Only 7 Questions Away from Discovering Your Passion.” Two breakout sessions followed: “Successful Online Marketing Strategies” with Marciela Ross & Amy Schumann, and “Managing Conflict: Your Survival Guide to Successful Negotiation & Conflict Resolution” with JJCBE professor, Dr. Virginia Bratton. Carmen McSpadden’s highly interactive session “3 Keys to Connecting, Cultivating, 52

and Strengthening Relationships” included the trading of souvenir keys as a reminder to re-connect and continue to network with other attendees within a month’s time. The 6th annual Outstanding Mentor Award was announced after Carmen’s presentation. Liz Marchi was the 2015 recipient and her daughter accepted the award on her behalf. The final two sessions enforced the conference theme of “Staying True to Your Passion in Business and in Life.” Bonnie Sachatello-Sawyer talked about interpersonal dynamics in her session, “Productively Channeling Your Passion and Achieving Goals Together.” The keynote, Karen Stewart Brown of Stewart+Brown, presented “Finding Passion, Staying Passionate, and Being Inspired” during which she shared her passion and purpose in the fashion industry, how she tapped her entrepreneurial spirit to start the new business endeavor with her husband, and her efforts to mentor likeminded women and students. This conference finished with a networking reception with a donated iPad Mini 3 from TowHaul as a door prize. The Signature Sponsor for the 2015 event was the Montana Department of Transportation: DBE Program. The Hosting Sponsors are Blackstone LaunchPad, Blue Cross Blue Shield, CenturyLink, and Northwestern Energy. The main 2014 event sponsors were TowHaul and Anderson ZurMuehlen. A complete listing of all donors to this and other JJCBE activities can be found in the Honor Roll of Donors located in the back of this report. For more information about these conferences, please visit: http://www.montana.edu/business/wcoe/index.html.

Ris Higgins presents the opening group session at the 2015 W2 Conference. Photo by Citizen Lucida Photos.

Conference attendees participating in a group session workshop. Photo by Citizen Lucida Photos.

ALUMNI & FRIENDS

FOUR HONORED DURING 2014 HOMECOMING Started in 2013, each college honors individuals associated with MSU during homecoming ceremonies. This year four individuals were honored from the Jake Jabs College of Business & Entrepreneurship (JJCBE): Distinguished staff award: Linda Ward As the assistant director of the College’s Bracken Center for Excellence in Undergraduate Business Education, Linda provides business students with information and resources about a wide array of opportunities outside of the classroom, including student clubs, study abroad, and Linda Ward especially internships, jobs and professional development opportunities. She has been the heart and soul of the Bracken Center since its founding in 2003, and has almost single-handedly grown the Bracken Center into an absolutely essential resource for students in the College. A native of Molt, near Billings, Ward, left her family’s wheat farm and cattle ranch to attend MSU’s College of Business, where she earned a marketing degree in 1975 and met her husband, Mike, a finance major. Ward worked for a number of companies spanning the west coast from Alaska down to California before settling in Bozeman. The Wards opened Bozeman’s first Ready Lube which they sold to Jiffy Lube after 10 years. After working in the Bracken Center for 12 years, Linda has now transitioned into the new Director of Programs position in the Jabs Entrepreneurship Center this year. Distinguished faculty award: Dr. Anne Christensen Dr. Anne Christensen sets an extraordinary example of service and leadership in both the Jake Jabs College of Business & Entrepreneurship and in her discipline nationally. She is very well-regarded by her MSU colleagues Anne Christensen for her extraordinary work ethic and collegiality. She is also adored and respected by her students who appreciate her high 54

standards and affectionately call her a walking encyclopedia of tax. Dr. Christensen has won multiple MSU awards, including the President’s Excellence in Teaching Award, the President’s Award for Excellence in Service, and several Chamber of Commerce/ Alumni Foundation Awards for Excellence. She also maintains a very active research agenda, with over 30 publications. Dr. Christensen has also served in multiple national leadership roles at both the American Accounting Association and the American Tax Association, the leading organizations in her field of tax accounting. As a result of her achievements, she has received several national awards, including the ATA’s 2013 Ray M. Sommerfeld Outstanding Tax Educator Award and the Outstanding Service Award. Honorary alumni award: Janice Whetstone Janice Whetstone moved to Montana in 1965, at the tender age of 12, and grew up in Cut Bank. She became a single parent in 1976 and quickly realized the value of further education for herself and her children. She Janice Whetstone graduated from Carroll College in Helena, in 1979 with a Bachelor of Science degree in Sociology. She then attended the University of Montana School of Law, graduating with a J.D. degree in 1982 and commenced practicing law in Bozeman with Kirwan & Barrett, PC, where she was a partner prior to beginning her solo practice, Janice K. Whetstone, PC in 1999. She was only the third woman attorney practicing law in the Gallatin Valley when she arrived in 1982, which lead to many interesting experiences. She has an AV Preeminent peer review rating and is one of a select group of attorneys in the State of Montana to hold that rating. She is a member of the American Bar Association, Montana Bar Association and Gallatin County Bar Association, of which she served on the Board of Directors from 2000-2003, and as the first woman President from 2001 until June 2002. Whetstone is also a member of the Estate Planning & Probate and Business Sections of the American Bar and Montana Bar Associations. She has served on the MSU College of Business Board of Advisors from 1994- 2000

and 2005-present, currently serving as chair. Janice has been active in College of Business classes offering mentorship and advice to students, including those considering or pursuing a career in law. She presents estate planning seminars and has performed pro-bono work on behalf of a number of nonprofit organizations in the Bozeman area. Alumni achievement award: Gary Bracken (awarded posthumously) Gary K. Bracken grew up in Sidney and graduated from the College of Business in 1961 with a degree in accounting. He started off working for the accounting firm KPMG in Billings. Later, he joined a small startup company and subsequently retired as Executive Vice-President and Controller of one of the largest cable media companies in the United States, Tele-Communications Inc. (TCI). Gary had a longtime relationship with the College and was a member of the National Board of Advisors. He passed away in April, 2001. Through his family and friends, his legacy remained alive and he was able to give back to the institution that prepared him for a successful future. Bracken was known as a visionary with respect to the College’s efforts to emphasize undergraduate education, excellence in teaching, and strong faculty-supported learning experiences for students. The Gary K. Bracken Center for Excellence in Undergraduate Business Education was established in December 2002, from a $3 million gift in honor of his vison and goals. Today, the Bracken Center is the focal point of the undergraduate student mission of the Jake Jabs College of Business & Entrepreneurship. Scholarships, travel abroad fellowships, career counseling services, mentoring programs, executives-in-residence, small classes, and curriculum development are supported through the Center. Through this vision, the Bracken Business Communication Clinic was established, assisting hundreds of students with writing skills and knowledge.

Gary Bracken

MSU alumni Don and Sue Fisher have given $570,000 to the MSU Alumni Foundation to bolster entrepreneurship programs within MSU’s Jake Jabs College of Business and Entrepreneurship. Photo courtesy of MSU Alumni Foundation.

ALUMNI SUPPORT ENTREPRENEURIAL EDUCATION WITH $570,000 GIFT November 10, 2014—MSU Alumni Foundation Building on their strong legacy of support for Montana State University and its business programs, alumni Don (B.S. College of Business, ’62) and Sue (College of Business, ’62) Fisher donated $570,000 to enhance MSU’s Jake Jabs College of Business and Entrepreneurship’s focus on encouraging students to pursue entrepreneurial endeavors. With their gift, the Fishers will help to expand student success and outreach programs that will create new opportunities for students and promote economic development in Montana. “Students at Montana State will be able to immediately benefit from the Fishers’ generous gift, expanding innovative program offerings within the college,” said Christopher Murray, president and CEO of the MSU Alumni Foundation. “By connecting their passion for entrepreneurship with the College of Business’ strategic focus on developing the next generation of Montana’s entrepreneurs, Don and Sue are doing what it takes to propel MSU to the next level.” The Fishers’ gift will build upon MSU’s growing emphasis on cross-campus, interdisciplinary programs, helping students outside the Jake Jabs College of Business and Entrepreneurship access the tools necessary to kick start their own entrepreneurial ventures. Their funding will help students work directly with local small businesses, gaining experience while helping to enhance each business’ prospects for success. The college will also use a portion of the funds to bring nationally recognized innovators and guest speakers to Bozeman for students and faculty to interact with and learn from. “We really appreciate the support Don and Sue have committed to help our most entrepreneurial students learn how to bring their good ideas to market,” said Kregg Aytes, dean of MSU’s Jake Jabs College of Business and Entrepreneurship. “The programs their gift supports will encourage more students to realize their full potential.”

ALUMNI & FRIENDS

FORMER MSU COWBOY AND ALUM COMPETES AT 2014 NATIONAL FINALS RODEO Ty Erickson of Helena, a JJCBE alumnus who once wore the blue and gold vest of the MSU Rodeo Team competed in the 2014 National Finals Rodeo, regarded as the country’s leading rodeo event, which took place Dec. 4-13 in Las Vegas. He was joined in Vegas with two other former rodeo team members: Cort Scheer and Jake Vold. Erickson competed in steer wrestling while the others both competed in roughstock events of saddle bronc and bareback riding. To qualify for what is often called the “Super Bowl of Rodeo,” cowboys must finish in the top 15 in their event at the end of the rodeo season. Each qualifier will compete each night of the 10-day rodeo, which is attended by thousands of rodeo fans at the Thomas & Mack Center on the campus of University of Nevada, Las Vegas. Millions more will watch it on CBS Sports Network. Mike True, MSU’s head rodeo coach said that Erickson, whom he calls “tremendously talented,” just barely qualified for the 15th spot in his event. Nonetheless, he expects Erickson, who graduated from MSU two years ago with a degree in business, to compete well. Erickson ended up finishing second in steer wrestling and the performance helped him finish the year seventh in the

Professional Rodeo Cowboys Association, or PRCA, world standings. True has high praise for Erickson, not only as a cowboy, but also as a person. “Ty was the best leader I have ever had, and one of the greatest talents,” True said. “He had as good of a work ethic of anybody, he stayed in school in four years and graduated with a good grade point average in business marketing. “He is the model we want our kids and recruits to look at. He is the one who has done the whole job.” True said the trio who competed are just the latest in a long line of great professional rodeo athletes with MSU connections. He said MSU graduate Dan Mortenson is probably the biggest rodeo name to come out of MSU, winning the world championship in saddle bronc riding six times. A couple of other professionals with a large Montana following were Rod Lyman and Bo Clark. Neither competed in rodeo at MSU, but were both MSU Bobcat football players before becoming professional cowboys in the steer wrestling event. Clark is now an assistant rodeo coach at MSU. Excerpted from an article written by Carol Schmidt

Tyler Erickson is one of three former MSU rodeo cowboys who competed at the 2014 National Finals Rodeo in Las Vegas.

LINDA WARD WINS TOP MSU EMPLOYEE RECOGNITION AWARD Each year, the Employee Recognition Awards Program honors outstanding performance and contributions by Montana State University employees. The 2014 winners were announced by President Waded Cruzado at a reception on Tuesday, April 8th in the SUB Ballrooms. Linda Ward was one of five top MSU employees to be recognized. The other four were David Court, Brendon Packwood, Amy Ross, and Melody Schimpf. Linda has been a long-standing figure in the College and has positively affected thousands of students over the years. She basically created a career services unit from nothing and is integral in maintaining long-term connections between the College and its alumni. She had been the assistant director of the Bracken Center since 2004, but has recently transitioned into the Director of Programs position for the Jabs Entrepreneurship Center. In her role at the Bracken Center, Linda became the “go to person” for students. She sought every opportunity to fully engage the students in events, activities, and career enhancing programs. Her impact on these students is noticeable. Alumni frequently send her updates on where they are now and when alumni visit campus, they are sure to look her up. “I wouldn’t have the job today that I love without her,” said Stephanie Cole, a 2009 graduate, now partner and managing director at Profitable Ideas Exchange in Bozeman. “I asked

(Ward) if she had any ideas for me. She was constantly emailing me… I can’t be grateful enough to her. I found an incredible job in a really difficult time.” Other nominated employees included: Anne Angermeyr, Elizabeth Bird, Sandra Bunch, Audrey Capp, Irene Decker, Melisenda Edwards, Gary Gramer, Julie Hager, Robin Happel, Abbey Keene, Lisa Musgrave, Debra Redburn, and Denise Thompson.

Linda Ward with MSU President Waded Cruzado.

Alumni Visit Campus Each year, MSU invites alumni celebrating their 50 (Golden), 60 (Diamond) and 70 (Sapphire) year reunions to return to campus and participate in commencement activities.

2015 Reunion Visitors (L-R): John Waggoner, Jerry Thuesen, Ed Mangis, Will Weaver, Ed Maynard.

2014 Reunion Visitors (L-R, Back-Front): Bob Hardgrove, John “Tony” MacDonald, Dorwin Schreuder, Monte Eliason, Bill Erwin, Gene Graf, Marlene Kovash, Lucille Peter, Susie Metully.

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UPDATES AND ANNOUNCEMENTS

Outstanding Students

Business Student Sets New World Record Jeff Nation broke a new Guinness World Record on May 7, 2014, for the longest videogame marathon playing a real-time strategy (RTS) game, Starcraft II: Heart of the Swarm for 44 hours straight. He achieved this feat with JJ Locke in the Strand Union Building (SUB) on the MSU campus. Prior to this world record, he had already achieved two other Guinness World Records: for the longest videogame marathon playing a role-playing game with a group of players as well as the longest videogame marathon playing a First Person Shooter (FPS) with the same group.

Jeff Nation

Almost 300 Scholarships Awarded During 2014 & 2015 Spring Celebrations The JJCBE gave 141 scholarships and awards for students majoring or minoring in business options for the 2014-2015 academic year and 154 scholarships for the 2015-2016 academic year. The scholarships, announced on Tuesdays, April 8 and 7, respectively, were provided through endowments and funds established to grant financial aid to students enrolled in the college. Between 150-180 students, faculty and donors attended each event. More information about JJCBE scholarships can be found on this webpage: http://www.montana.edu/ business/scholarships/index.html.

BGS Keynote speaker for 2015, Brian Brown

40 New Inductees Join Beta Gamma Sigma in 2014-2015 Beta Gamma Sigma (BGS) is the prestigious honors society in business with only the top 10% of juniors and seniors and the top 20% of the graduate accounting students in the Masters in Professional Accountancy (MPAc) program chosen as initiates. During the induction ceremony, attendees are welcomed by Susan Dana, BGS faculty advisor. The officers of the club then give statements for “Beta,” “Gamma,” and “Sigma” before presenting the members’ oath. The professor of the year is then honored and the chapter speaker for that year imparts words of wisdom with the audience. More information about Beta Gamma Sigma as well as the list of 2014 and 2015 initiates can be found on this webpage: http://www.montana.edu/ business/bracken/beta-gamma-sigma. html.

Marketing Student’s Paper Wins Top MSU Research Award Marketing student Kyle Kors elected to do an independent study with Dr. Graham Austin, associate professor of marketing, his last semester in school. During the spring 2014 semester, he worked with her to

conduct research, collect data, and ultimately write a research paper on his findings. Kors’ paper Exploring Consumer Nostalgia and Emancipation in Sports Consumption ended up winning the top MSU research award ($500) through a contest sponsored by The Undergraduate Scholars Program, in partnership with the Big Sky Athletics Conference. His paper was then selected for publication in the Skyline Undergraduate Journal. Skyline is an open access journal, and publishes undergraduate research in all fields by students at Big Sky Conference institutions. His paper can be found online here: skyline. bigskyconf.com/cgi/viewcontent. cgi?article=1022&context=journal. Kors’ acknowledgment says volumes of the relationships between student and faculty at the College – “I would like to acknowledge Dr. Caroline Graham Austin who provided me with the proper tools, guidance and encouragement, all of which made this project possible.”

Business Students Honored at 2014 and 2015 Annual Day of Student Recognition The Day of Student Recognition (DSR) is an annual event hosted by the MSU Office of Activities & Engagement to honor students who are exemplary in leadership and services. In 2014, Erica Dunn received the Junior Leadership Award for her notable leadership skills and values. In 2015, she was awarded with the ASMSU Peer Leadership Award. Kyle Schuster was inducted into Septemviri during the 2015 DSR celebration. Septemviri is an honorary society, created in the 1920s, consisting of only seven MSU students. For more information about DSR, please visit: http://www.montana.edu/ engagement/events-programs/studentrecognition.

UPDATES AND ANNOUNCEMENTS

of community. The Re-Orientation is interactive and educational for the students and is tied to an assignment in their BGEN 194US – Business & Entrepreneurship (freshmen seminar).

wishes to donate to the Executive’s Closet, please contact Ken Silvestri at kenneth.silvestri@montana.edu or 406994-4951.

More than 300 Students Participate in Recruiting Events Beta Alpha Psi Recognized as Distinguished Chapter The Beta Alpha Psi Board of Directors announced that the MSU chapter of Beta Alpha Psi, Eta Chi, was once again recognized internationally as a 2014 “Distinguished Chapter.” This is a significant accomplishment with the club far exceeding the baseline requirements of Beta Alpha Psi. They have excelled in the areas of academics, professionalism, and leadership under guidance of their advisor Steve Ault. For more information about the Eta Chi chapter of Beta Alpha Psi, please visit: http://www.montana.edu/ business/accounting/club.html. Faculty and Programs

Freshman Re-Orientation Connects Students with the College The Office of Student Services (OSS) within the College has implemented a group advising event to better engage and connect with freshman students the past few years. Freshman ReOrientation is a mandatory one-hour informational session. Even though students learn a lot during orientation, a lot of material doesn’t stick once they are part-way through the semester. This event is the College’s way of reminding them of all the things they did learn at orientation from registration and course selection to advising and a refresher on student resources. We also want to help them get to know some of their peers as well as the JJCBE administration and staff which helps build a better sense 60

Each fall, the College hosts numerous recruiting events from fairs to company info sessions and socials. More than 300 business students participated in these great networking events. The Meet the Accounting Recruiters Fair was on September 17 and Meet the Recruiters Fair took place on October 15, both located at the Stadium Club. The Meet the Recruiters Fair was co-sponsored by the MSU Career, Internship & One of many students who left the Executive’s Student Employment Services and the Closet with professional attire. accounting event was co-sponsored by the Eta Chi Chapter of Beta Alpha Psi. The College also worked with Workshop Prepares Accounting Students for Life after Graduation numerous employers to host their own sessions from Moss Adams and Thirty-four Master of Professional KPMG to Fisher Investments, Kiewit, Accountancy (MPAc) students and Boeing. More than 40 different participated in the Professionalism businesses and organizations were Workshop on Thursday, August 28. represented between all these events. The day consisted of an Accounting More information about internship Advisory Council panel discussion and job opportunities through the on “Understanding the Profession Bracken is on this webpage: http:// of Accounting,” a session titled www.montana.edu/business/bracken/ “Performance Evaluation: What internships-jobs.html. Employers Look for,” a presentation on the Montana Society of CPAs, and Executive’s Closet Provides the afternoon workshop, “Making the Hundreds of Students with Best of Feedback.” Time was also built Business Attire in for networking and fall recruitment The 2014 and 2015 Executive’s Closets information. The day ended with continued to provide business students working with the AAC and students, as well as students from other accounting faculty on their résumés disciplines with professional business and mock interviews. The sessions were attire. The College was able to assist 477 designed to give the students an overall students through the Executive’s Closet. view of life as a professional accountant, With less space in Jabs Hall, the College what to expect, and how to best prepare has passed on this project to the Allen for this career path. Yarnell Center for Student Success For more information about and the MSU Career, Internship, the MPAc program, please visit the and Employment Services Office to Webpage: http://www.montana.edu/ continue in future years. If anyone business/accounting/MPAc/index.html

Longtime Faculty Member Retires

· O ne of 15 speakers chosen for the 2014 TEDxBozeman event on March 21. · Published “50 Shades of Grey: Ancestral Consumption and Conceptual Compromise,” with co-author Justin W. Angle in NA-Advances in Consumer Research, (vol. 42, pages 240-244), eds. June Cotte and Stacy Wood, Duluth, MN: Association for Consumer Research. · P ublished “Apps, goals, and Motivational Effects” in The Past, Present, and Future of Marketing and Public Policy: Creating a Better Tomorrow (vol. 24, pp 19-20), coauthored with Agnieszka Kwapisz, eds. Elizabeth Miller, George Milne, Easwar Iyer, Chicago, IL: American Marketing Association. · Presented research at the Public Policy & Marketing Conference (Boston, MA) in June and the Association for Consumer Research North American Conference (Baltimore, MD) in October.

Dr. Shannon Taylor Joined the MSU College of Business faculty in 1979 and has been a long-standing professor, Shannon Taylor mentor, and friend of the College. He taught classes in management and information technology and he also designed and taught a very popular, senior level class on the “Modern Management of Western Resources” starting the fall semester 2001. Shannon’s last day with the College was May 15, 2014. Shannon graduated with a Doctor of Philosophy, Psychology, University of Colorado, 1976. He has published papers on the following topics: ethics, leadership, decision making, thinking skills, corporate campaign spending, Laura Black information systems, international associate professor of management trade, outfitting industry, gambling · S erved as the Senior Editor of System industry, resource management, teenage Dynamics Review. Black also served use of drugs, applied regression analysis, as a journal article reviewer for the human resource management, and following journals: Academy of comparative psychology. Management Journal, Production In his retirement, Shannon and Operations Management, Public continues to be very involved in the Administration Review, and Systems community. He serves on the Board of Research and Behavioral Sciences. Directors for Safari Club International, Richard Broome Southwestern Montana Chapter, adjunct instructor of management Headwaters Fish and Game Association, · Serves as a contributing author to Gallatin Sporting Clays, and Missouri Backdoor Survival and has had the Headwaters Gundog Club. following articles published: 0 “ Stepping Up to Manage the New Faculty Updates Reality,” August 2014. Tim Alzheimer 0 “ Do Not Go Gentle into the Night,” associate teaching professor of finance December 2014. · Elected as chairperson for the Montana · P ublished Good Crazy on November Community Finance Corporation 3. Broome was on a radio talk show in during its annual membership meeting Los Angeles on Nov 11 and Nov 18 to in March (2014). talk about leadership and the novel. He C. Graham Austin was also invited to put Good Crazy associate professor of marketing into a book festival.

· P resented “Characteristics of Famous Leaders” via Skype for students in the MBA program at the Universidad de Celaya in Mexico. · Published “In Search of Leadership and Character” in The Prepper Journal, January 2015. F. William Brown professor of management · Published “As Compared to What? Characteristics of the AACSB Institutions That Utilize the Major Field Test in Business,” co-authored with Agnieszka Kwapisz in the Journal of Education for Business, 89(7), 373-381. Scott Bryant associate professor of management · P resented “Should Men and Women Start Companies Together? The Impact of Team Diversity on Startup Success,” co-authored with Agnieszka Kwapisz and Brent Rosso, at the Academy of Management Conference in Philadelphia, PA. · P resented “An Empirical Study of Emotional Intelligence, Stress and Gender in College Students,” coauthored with Tim Lolatte and T. Malone, at the Western Academy of Management Conference in Napa, CA, March 20-22, 2014. · S erved as an ad hoc reviewer for Group & Organization Management Journal. Mary Burns associate professor of accounting · Published “Automated Deception Detection of 911 Call Transcripts,” co-authored with Kevin C. Moffitt, in Security Informatics, (2014), 3:8. Jerry Carvalho associate teaching professor of management · Published “Student Perceptions on the Impact of Mobile Technology in the Classroom,” co-authored with Harry Benham and Michelle Cassens in Issues in Information Systems, 15(2), 141-150. · S erved as a journal article reviewer for International Association for Computer Information Systems. 61

UPDATES AND ANNOUNCEMENTS

Mike Shaw, associate teaching professor of management, received his Ed.D this spring. His fellow colleagues found a fun way to support him during spring commencement.

Gary Caton associate professor of finance · Served as a journal article reviewer for Journal of Banking and Finance, Journal of Accounting and Public Policy, and Managerial Finance. Anne Christensen professor of accounting · Published “Insights Regarding the Applicability of the Defining Issues Test to Advance Ethics Research with Accounting Students,” with co-authors Jane Cote and Claire K. Latham in the Journal of Business Ethics. · Served as a journal article reviewer for the Journal of Accounting Education and Issues in Accounting Education. Christensen also served as an ad hoc reviewer for the Journal of the American Taxation Association and Journal of Legal Tax Research. Robyn Chupka adjunct instructor of management · January 8, 2015: Sworn in as President of the Gallatin Valley Human Resource Association (A SHRM Affiliate) Craig Ehlert teaching professor of management · The National Institute of Standards 62

and Technology (NIST) named Ehlert to the Board of Examiners for the 2014 Malcolm Baldrige National Quality Award. · Presented “Without Networking You’re Dead in the Water” for the Southwest Montana Building Industry Association (SWMBIA) in May 2015. Nate Jeppson assistant professor of accounting · P resented “The Effect of Earnings Quality on Analyst Forecast Optimism”, with David Salerno at the American Accounting Association Northeast Region Meeting in Albany, NY, October 2014. · P resented “The Continued Popularity of the Indirect Method to Present Cash Flows from Operating Activities”, with David Salerno at 21st Annual Meeting of the American Society of Business and Behavioral Sciences in Las Vegas, NV, February 2014. The same paper was presented at an MSU JJCBE research workshop, September 2014. Bonita Kramer professor of accounting · P ublished “An Examination of the Availability and Composition of

· · · ·

Forensic Accounting Education in the United States and Other Countries,” co-authored with Mike Seda, in the Journal of Forensic & Investigative Accounting, (January-June 2014), p. 1-46. Presented “An Exploratory Look at Forensic Accounting Education Outside of the USA: Programs and Educators’ Perceptions,” co-authored with Mike Seda, at the 5th Annual American Accounting Association Forensic Accounting Section Midyear Conference in San Antonio, TX. Presented “A Comparison of Forensic Accounting Programs in the United State with the National Institute of Justice Funded Model Curriculum for Fraud and Forensic Accounting,” co-authored with Mike Seda, at the 5th Annual American Accounting Association Forensic Accounting Section Midyear Conference in San Antonio, TX. Was awarded sabbatical leave for the 2014-2015 academic year. Served on the editorial review board for the Journal of Forensic Studies in Accounting and Business. S erved as an ad hoc reviewer for Global Perspectives on Accounting Education. S erved as an ad hoc reviewer for the Research Grants Council of Hong Kong. The project title “Forensic Accounting Education in Hong Kong and Mainland China” was a proposal submitted by two Hong Kong accounting professors director based on Kramer’s published research.

Agnieszka Kwapisz assistant professor of management · B ecame a member of the Editorial Board of the Academy of Management Learning and Education (AMLE) journal. The AMLE website cites this journal as ranked among the top five most influential and frequently cited management and educational research journals. · P ublished “Effects of State Policies on Small Firms R&D” in the Business

Journal for Entrepreneurs, 2014, Issue 4. Amber Raile featured in an article in Entrepreneur · Published “Do football Teams Learn assistant professor of management Magazine: http://www.entrepreneur. from Changing Coaches? A Test of the · P ublished a textbook: Competent com/article/227673. Deceleration Hypothesis” in Economics Workplace Communication: Analyzing, · Served as a journal article reviewer & Finance Research, 2(1), 2014. Developing, Evaluating (pp 234), Kendall for Organization Studies, Group and · Published “Triggers of Organizational Hunt. Organization Management, Journal Change: Duration, Previous Changes, of Business Ethics, and The Counseling Brent Rosso and Environment” in the RJCM Psychologist. assistant professor of management Journal of Change Management, 14(3), · P resented “Should Men and Women Omar Shehryar 405-424, 2014. Start Companies Together? The Impact associate professor of marketing · Presented “Understanding the Nature of Team Diversity on Startup Success,” · Presented “Communication Techniques and Determinants of Critical Thinking co-authored with Scott Bryant and in Adaptive Selling: A Strategic Among Senior Undergraduate Business Agnieszka Kwapisz, at the Academy Account Management Approach” Students” at the International Academy of Management Conference in in the Journal of Selling (formerly of Business and Public Administration Philadelphia, PA. Journal of Selling and Major Account Disciplines with F. William Brown in · P ublished “Creativity and Constraints: Management), 14(1), 11. October 2014. Exploring the Role of Constraints in · Served as a journal article reviewer for · Published “As Compared to What? the Creative Processes of Research and the Howard Journal of Communication. Characteristics of the AACSB Development Teams” in Organization Institutions That Utilize the Major Studies, 35(4), 551-585. This research was Field Test in Business,” co-authored with F. William Brown in the Journal of Education for Business, 89(7), 373-381. Community Involvement · Presented “Should Men and Women Start Companies Together? The We are now on Twitter! Impact of Team Diversity on Startup The College is now on Twitter as @jabsbizschool. Follow us for Success,” co-authored with Scott Bryant updates, news, and College events. and Brent Rosso, at the Academy of Management Conference in Volunteering in the Community Philadelphia, PA. During the school year, a number of students and student clubs volunteer their time · Presented “Impact of Writing at the local Community Cafe. The College decided to do their part by volunteering Proficiency and Writing Center time in the summer (2014). The Community Café is part of the HRDC, a nonParticipation on Retention of Freshman profit Community Action Agency. It helps provide a restaurant style dinner service Seminar Students” at the Academy of to anyone who eats regardless of their ability to contribute. Management Conference, August 2014. · Served as a journal article reviewer for B.E. Journal of Economics, Journal of Management and Finance, Journal of Reviews of Global Economics, Public Budgeting & Finance, Southern Economic Journal, Academy of Management Learning & Education, and the International Journal of Environmental Research and Public Health. Myleen Leary associate professor of management · Served as a journal article reviewer for the Journal of Managerial Issues. L-R: Rilla Esbjornson, Susan Dana, Jan Benham, Eleanor Inglis, Lynnea Nelson, Suzanne Hepburn, Phyllis Johnson, Brenda Truman, Harry Benham.

UPDATES AND ANNOUNCEMENTS

AY 2015 GUEST SPEAKERS Dawn Allen Oracle Bjorn Anderson Mystery Ranch Backpacks Caroline Arce Mystery Ranch Backpacks Tory Atkins Loenbro Mike Augustine Stifel Nicholas Stephen Badenhop MSU Jeff Benson, CH2M Hill Stephanie Bigart Sage Spa Kyle Blessinger Galusha, Higgins & Galusha, PC Kate Boie Boeing Richard Boyle SunTx Capital Partners Dane Bradford Bradford Roofing Phil Bratton Bank of Bozeman Reine Broome Berkshire Hathaway HomeServices Montana Properties Kjersten Brown Tandem Recruiting Group Michael Butler Northwestern Mutual William "Will" Callahan Savantage Susan Carstensen Consultant Greg Castronovo Nothwestern Mutual Jennifer Coad ILX Lightwave Stephanie Cole Profitable Ideas Exchange Jake Cook TadPull Lauren Cummings Beartooth Capital Page Dabney D.A. Davidson Dan Davies MSU Connie Dunn Livingston HealthCare Letha Ebelt Morrison-Maierle Inc. Bridget Ekstrom D.A. Davidson Sean Faris Montana Ale Works Doug Fletcher Northstar Consulting Bret Forder D&R Jenny Forder Pegasus Management Andrew Foy Wintergreen HR Consulting Andy Foy Horton International Luke Frazier Great Harvest Franchising, Inc. Erin Gallinger Wells Fargo Bank Kara Gallinger Anderson ZurMuehlen Kari Gras Gras HR Consulting Jonas Grenz Coldsmoke Film Awards Zeph Hallowell Caravan Skis Alison Harmon MSU (Food & Nutrition) Ris Higgins Leadership Outfitters Trevor Hildebrand Training & Development Coordinator Cheri Hollenbaugh Simms Fishing Products Robin Hubley RM Properties, LLC Andrew Hull Elixiter Sarah Hunter PrintingForLess.com Julie Jackson US Bank Anne Johnson Community Food Co-op Gordon Johnson American Bank James Kaiser Northwestern Mutual Bryan Klein Braxton Development Karman Klundt D.A. Davidson Barbara Kohring Flying Horse Communications Suzie Lalich PrintingForLess.com Jennifer Lane Zoot Enterprises

Jake Cook, TadPull Maclaren Latta Mercury CSC Elliot Lindsey The Handmade Movement Ashley Mancusco Office of the Comptroller of the Currency Dan Martin Karst Stage Bus Company Deborah McAtee Magpie Consulting Ingrid McNair Hope House Chris Mehl City of Bozeman Bill Mills Anderson ZurMuehlen Keli Miner Retired - HR Specialist Michael Monaghan Beartooth Radio Meta Newhouse MSU (Graphic Design) Teri Nightingale Trade Risk Guaranty Carl Nystuen D.A. Davidson John O'Donnell Montana Growth Partners, LLC Jim Orser Bridger Capital Management Misty Overby Synergy Medical Spa Justine Palmer Bitterroot Capital John Parkes Murdoch's Will Price Next Frontier Capital Cory Pulfrey Cloverlay Lisa Rickenbaugh HeyDay Jeff Riggs Clark's Fork Alan Rypinski ACCEL~entrepreneur Pat Rypinski ACCEL~entrepreneur Kalli Ryti First Interstate Bank Todd Scott Bozeman Brewing Co. Mitch Stevens Retired Executive Andrew Sullivan, Quarterpoint Capital Kelly Swanson, Edward Jones Shayla Swanson Sauce Headwear George Thompson MSU Vickie Tischendorf JCCS Becky Turner Big Sky Western Bank Travis Tuss Zoot Enterprises Nicole Warwood American Bank Steve Wheeler First Security Bank Janice Whetstone Whetstone Law Spencer Williams West Paw Design Trisha Wimbish MSU Kathleen Wood First Interstate Bank Erin Yost D.A. Davidson Kristy Young blaZe interactive, LLC

2014-2015 INTERNSHIP BUSINESS LIST Beartooth Boeing Boy Scouts of America Bozeman Deaconess Hospital Bozeman HS DECA Bozeman Magazine Bozeman’s Symphony Orchestra Brickhouse Creative Bridger Capital Orser British Petroleum Buckle Buy Bozeman Homes, LLC C&H Phillips Campus Special Centre Staging Children’s Museum of Bozeman CHS City of Bozeman Clark’s Fork Restaurant CleanSlate Cloud Peak Energy C’Mon Inn Costco CrossRoads DA Davidson DD Buddy DECA/Business ED Delaware North Diana Proemm Dillon Small Animal Hospital Dobeck Performance Dorvis Accounting Dubai University-Acctg Eagle Mount Eagle River LLC Elixiter Enterprise Rent-A-Car Exponent Fastenal FDIC Fisher Investments Foundant Technologies Frontline Processing Frosty Paws Gallatin County Auditor Gallatin Valley Land Trust Gallatin Valley Mall Galusha, Higgins, Galusha Geograin Glacier Bancorp Golden Helix GPG2 Grain Hedge Greater Yellowstone Coalition

Hamilton Consultancy HatchFest Haven HDR Engineering High Fire Designs Home Instead Homeland Properties HRDC Human Scale Business Hyundai Movies Intermountain Deaconess Intermountain Opera Internet Marketing Inc Iron Horse Golf James Corwin Artist JCCS J-Tech Kalidescope Youth Theatre KGLT Kiewit Kohtz & Co. KPMG LaunchPad Little Turtle’s Tipi Matney Accounting Merrill Lynch MMEC MolteWellenss and Adventure Montana Instruments Montana Meat Co. Moss Adams MSU Accounts Payable MSU Alumni Foundation MSU Bobcat Athletics MSU Business Services MSU Counseling & Psychology MSU EHHD MSU Exponent MSU Family Foundation MSU Foundation MSU HR MSU Int.Programs MSU IT MSU Nordic Ski Team MSU Office of Communications MSU Office of Intl Programs MSU Office of Student Activities MSU Outdoor Recreation MSU School of Film MSU Sports and Recreation MSU SUB MSU-ITC MT FFA Foundation

MT Legislative Audit Murdochs Museum of the Rockies Northern Rockies- National Parks Conservation Assoc Northwest Farm Credit Northwestern Mutual Opus Primum Kath Oracle Outside Bozeman Outside Media Pane n the Glass Parks Conservation Association PayneWest Insurance Peak Property Management Phasmid Rentals Pine Cove Consulting Prairie Winds Public Relations PrintingforLess Project Archaeology Project WET Promotions West Prudential PwC Quantel QuarterPoint Capital R/GA Rae Sourdough Fire Dept Red Bull Red Tractor Pizza RedBrain Media Reliable Granite and Tile RockinR, Ferraros, Mixers Rocky Mountain Credit Union Rudd & Co. Sauce Headwear

SeaCat Creative Senator Jon Testor Sherwin Williams Simms Small World Networks Sola Southwest Montana Properties Sport Xcel Steve Daines, Stone Glacier Summit Aviation, Inc Sunlife Financial Target Bozeman Tatum Interior Designs Tech Link TedX Bozeman Ticket River &Ticket Printing Tributaries Digital Cinema United Cargo Management (Marco Polo) Universal Athletics US Bank Verizon Warriors and Quiet Waters Waterfront Restoration We Care Chiropractic WealthVest Wells Fargo Williamson, Staker Wizbang Hats Yellowstone Club Yellowstone Harley Davidson Yellowstone Park Foundation Zoot

Linda Ward and Gary Bishop are integral in connecting students with internship opportunities. Pictured are our alumni and interns at Elixiter.

GRADUATING CLASS PROFILE – ACADEMIC YEAR 2015 STATISTICS GRADUATING CL ASS GENDER BREAKDOWN: M A L E : 141 FEMALE: 87

MASTER OF PROFESSIONAL ACCOUNTANCY PROGRAM F E M A L E : 17 M A L E : 11

GRADUATES BY OPTION: ACCOUNTING: 57 FINANCE: 34 M A N A G E M E N T: 8 9 MARKE TING: 48

AVERAGE GPA OF BUSINESS GRADS IN ACADEMIC YEAR 2015:

3.21

JJCBE STUDENT ATHLETES [*S P R IN G 2 015 S E ME S T E R]

TOTAL: 59 F ORM A L LY A DMI T T E D: 11 PRE-BUSINESS: 48

NON-BUSINESS STUDENTS GRADUATING WITH BUSINESS MINORS: ACCOUNTING: 4 BUSINES S ADMINISTR ATION: 82 ENTREPRENEURSHIP & SMALL BUSINESS M A N A G E M E N T: 10 FINANCE: 4 INTERNATIONAL BUSINES S: 4

SPORTS REPRESENTED: MEN’S TR ACK & FIELD: 7 MEN’S CROS S COUNTRY: 1 WOMEN’S VOLLE YBALL: 1 MEN’S TENNIS: 4 WOMEN’S TENNIS: 5 GOLF: 3 FOOTBALL: 19 ALPINE SKI: 4 NORDIC SKI: 3 WOMEN’S BASKE TBALL: 4 MEN’S BASKE TBALL: 3 SPIRIT SQUAD: 5

LETTER FROM JACKIE SATHER, SENIOR DIRECTOR OF DEVELOPMENT

Your Financial Help Is Needed To Realize The Potential of The Jake Jabs College of Business & Entrepreneurship Jake Jabs took his first look at a completed Jabs Hall during the ribbon cutting on May 7, 2015 when we officially opened the doors to Montana State University and the community. It was extremely rewarding for Jake to see the positive result of his donation, his vision, and dreams. Since the ribbon cutting, there has been a flurry of excitement. Faculty and staff have moved in and are settling in their new office areas. Students are already gathering in the building, enjoying the professional setting, not to mention the spectacular views. Through the summer months, some of the rooms are being used for classes and other activities. Dean Aytes, the faculty, and staff are preparing for the fall semester, when they will welcome the first full set of students arriving for class in their new home for the Jake Jabs College of Business and Entrepreneurship. So now the work continues. At the groundbreaking of Jabs Hall in 2013, President Cruzado stated, “We have a bold plan for the future of the College of Business—for it to be one of the best in the nation – and Mr. Jabs’ gift will get us started.” But we still have more to do and we need your help to do so. We need partners to invest in three areas; People, Program and Places. We’ve already done a great job of taking care of the places—Jake’s donation saw to that. Now we need to continue to fill the building with people and programs that will further build on the reputation and success of students and faculty. We need to enhance and develop programs and curriculum that ensures our students are academically prepared and that they gain hands-on experience through internships, student consulting courses, scholarships and study abroad opportunities. We need to continue to develop interdisciplinary projects and education that promotes collaboration and motivates students and faculty to embrace new ideas and opportunities. We need to build on our success in entrepreneurial education and experiential learning. We need to create funding to not only recruit, but also retain the best faculty through Professorships, Chairs and Faculty Awards. The new building has created a unique way to leave a lasting legacy—the naming of rooms and spaces throughout all four floors of the building. To date, six spaces have been named. This support has created funds for scholarships, new classes, curriculum and program development, technology, research, and furnishings. We have further developed the Bracken Center and Bracken Business Communication Clinic, through programs that focus on academic preparation, the development of professional skills, and coaching and advising. While not everyone can give a $25-million gift like Jake provided, you too can make a difference. Give me a call and we can discover options that will work for you and your philanthropic visions and budgets. We will explore programs and funding options and review planned giving and tax incentives with the goal of developing a plan that is best for you. We can determine What it Takes to create a legacy of your own!

Jackie Sather, Senior Director of Development 406.994.6766 jackie.sather@msuaf.org

HONOR ROLL OF DONORS

Every effort has been made to ensure that all names are listed correctly. This list represents donations given in January 2014 - May 2015. If your name has been inadvertently omitted or mispelled, please contact Jackie Sather at 406-994-6766 or jackie.sather@msuaf.org Individuals Mr. Frank & Mrs. Bonnie Ahl Mr. Jim & Mrs. Connie Alderson Mrs. Jenifer & Mr. Bill Alger Mr. Mike Altringer Mr. Thomas Ames Mr. Ronald Anderson Mrs. Erika & Mr. Jason Armistead Mrs. Kristine & Mr. Keith Arntzen Mrs. Tricia Asbury Mr. Ronald & Mrs. Celeste Askin Mr. Tory Atkins & Mrs. Torrian Dean-Atkins Mr. Robert Petitt & Mrs. Kerry Austin-Petitt Mr. Kregg & Mrs. Tracy Aytes Mr. Mark & Ms. Anne Bacigalupo Mr. Philip & Mrs. Priscilla Bailey Mr. Paul & Mrs. Timmi Baldwin Mrs. Bette Ballbach Mr. Robert & Mrs. Kelly Balzer Mrs. Nanette & Mr. Donald Barrett Mr. Gary & Mrs. Nina Bartolett Mr. Earl & Mrs. Connie Bartram Mr. Michael & Mrs. Shauna Basile Mr. Fred Bateman Mr. John & Mrs. Shihoko Beagle Mr. Jack Beals Jr. & Mrs. Sara Beals Mr. Mark & Mrs. Petrine Beatty Mr. Scott & Mrs. Patti Bell Mr. Stephen Bennett Mrs. Suzanne & Mr. M. Jeffrey Berglund Mr. Bradley & Mrs. Doris Bergum Mrs. Sylvia Berkram Mrs. Monique & Mr. Rein Bertram Mr. Lyle & Mrs. Peggy Biekert Mr. Jerad Biggerstaff Maj. Gary Bishop, US Army, Ret. & Mrs. Licia Bishop Mr. Robert & Mrs. Annette Bjelland Mr. Sidney Blair Mrs. Linda Boggio Mr. Craig & Mrs. Kathy Bolme Ms. Meg Boswell

Mr. Frank Boucher Jr. & Mrs. Cheryl Boucher Mr. Jaymie & Mrs. Kristen Bowditch Mr. John & Mrs. Sessaly Boyd Mr. Robert & Mrs. Diane Boyd Mrs. Dorothy Bracken Mr. Bob & Ms. Karee Bradford Mrs. Margie Brickley Mr. Richard & Mrs. Stacy Bronec Mrs. Barbara Brown Mr. Brian & Mrs. Shelby Brown Mr. Webb & Mrs. Kathy Brown Mr. Jay & Mrs. Lynne Browne Mr. Garry Bunke Mr. George & Mrs. Susan Burgess Mr. Tuke Burgess Mr. Thomas & Ms. Karen Cahill Mrs. Tanya & Dr. David Cameron Mr. John Canine Mr. Don Jr. & Mrs. Shavon Cape Mr. Gary Carlson Mrs. Kim & Mr. Ray Center Ms. Nan Cervenka Mrs. Dela & Mr. Nathan Chatriand Mrs. Julie Chelmo Mr. Brian & Mrs. Marie Clark Mrs. Lynette & Mr. Christopher Clark Mr. Roger & Mrs. Sophie Clifton Mr. John Combs Mr. Kenneth & Mrs. Stacie Connors Mr. Kevin & Mrs. Tricia Cook Mr. Steven & Mrs. Stacey Craig Mr. Tyler Crennen Mrs. Jean Cress Mr. Steven Crossen Ms. Jill Cuniff Mr. Christopher Curran Mr. Mark & Ms. Michele Cusack Mr. Burke Dambly Mrs. Rena Dambly Mrs. Jan & Mr. Paul Davis

Mr. Ronald & Mrs. Dona Davis Mr. James & Mrs. Mary Davison Mr. Jerry & Mrs. Janet DeLange Mr. Anthony DelVecchio Ms. Traci DelVecchio Mr. Donald & Mrs. Marilyn Derks Mr. Ron Dissly Ms. Patricia Doherty Mr. Dominic & Ms. Megan Duchesneau Mrs. Vicki & Mr. Brian Eggebrecht Mr. Michael & Mrs. Donita Eide Mr. Cheâ&#x20AC;&#x2122; & Mrs. Kelly Eissinger Mr. Todd & Mrs. Arlene Eliason Mr. Donald Eliasson Mrs. Elaine Elliott Mr. Clay Ellison & Mrs. Ingrid Gustafson Mr. Gregory & Mrs. Laura Ennis Mr. Bruce Erickson Mr. Russell & Mrs. Eileen Ewan Mr. Robert & Mrs. Loraine Eyman Mr. Charles & Ms. Arlene Fabatz Mr. Kirk & Mrs. Andrea Falcon Mr. Peter & Ms. Tonya Farr Mrs. Carrie & Mr. Joseph Faulhaber Ms. Sherrie Featherly Mr. Stefan & Mrs. Kathleen Fechter Mr. Andrew & Mrs. Victoria Field Ms. Frances Fields Mr. Don & Mrs. Sue Fisher Mr. Timothy & Mrs. Michelle Fisher Mr. J. Nick & Mrs. Onalee Flynn Mr. Thomas & Mrs. Kristin Fox Mr. Larry & Mrs. Debbie Fox Mr. Mike Fralick Mrs. Stefeni & Mr. Bradley Freese Mr. Sean Gallinger & Ms. Lindsay PayneGallinger Mr. Wade & Ms. Tammy Gehl Ms. Stephanie Gibson Mr. Gary & Mrs. Cindy Giem Mr. Bryan & Mrs. Anita Gilbertson

HONOR ROLL OF DONORS

Mr. George & Mrs. Alaine Gohn Ms. Kelli Goodian-Delys Mr. Lyle & Mrs. Evelyn Gorman Mr. John & Mrs. Sandra Green Mr. Leif & Mrs. Leanne Griffin Mrs. Barbara Griffith & Mr. Donald Griffith Jr. LTC Joe Grigg, Jr. USARNG & Ms. Kathryn Grigg Mr. Lawrence & Mrs. Jerri Grogan Mr. Norman & Mrs. Patricia Grosfield Ms. Billie Gunn Mr. Kasey & Ms. Beverly Guyer Mr. Bryan & Ms. Johnna Hall Ms. Kate Hall Ms. Kaye Hamby Mr. Allan Hammell Mrs. Molly Hammell Mrs. Marjorie Hanes Mr. Glen Steinhoff & Ms. Kerry Hanson Ms. Jamie Harris Mr. Michael Hart Mr. William & Mrs. Elizabeth Hart Mr. William Hart Jr. & Mrs. Diana Hart Mrs. Bobbi Haugen Mr. Jeremy & Mrs. Monica Hauk Mrs. Tracy & Mr. James Hawbaker Mrs. Jeanine & Mr. Keith Heider Mr. Carter Helseth Jr. & Mrs. Patricia Helseth Mr. Dean & Mrs. Debbie Hendrickson Mr. David Hill Mr. Larry & Mrs. Letha Hines Mr. Frederick & Mrs. Lynn Hirschy Mrs. Kathleen & Mr. Greg Hodgins Mr. Garry Hoffman Mrs. Cheryl & Mr. Tim Hogan Mr. Scott & Mrs. Jennie Holton Mr. Pete Horn Ms. Pam Howland Mr. Mark & Mrs. Cindy Huber Mr. Franklin & Mrs. Sarah Huckins Mr. Donald & Mrs. Leslie Huffman Mr. Vincent & Ms. Anne Hull Mrs. Laura & Mr. Eric Humberger Mr. Bill Humenczuk II & Mrs. Margo Humenczuk Mr. Jody & Mrs. Petra Hurst Ms. Angela Huschka & Mr. Ken Kops Mrs. Elfrieda Idleman Mr. Walter & Mrs. Betty Imlay

Mr. Roger & Mrs. Betsy Indreland Mr. Dwaine & Mrs. Barbara Iverson Mr. Jacob Jabs Mr. William Jackson Mr. Wade & Mrs. Susan Jacobsen Mr. Joseph Janhunen Mr. Ed & Mrs. Peggy Jennings Mr. Tyler & Ms. Kim Jensen Mrs. Sheri & Mr. Carl Jessen Mrs. Kristi Johannsen Summers & Mr. Scott Summers Mr. Dooley & Mrs. Sue Johnson Mr. Gordon & Mrs. Linda Johnson Mr. James & Mrs. Sharon Johnston Mr. Alan & Mrs. Jean Kahn Mr. Timothy Kalberg Mr. Scott & Mrs. Jolyn Kanning Mrs. Heather & Mr. Jerom Karo Mr. John Karst Mr. Marshall Kath Mrs. Martha Kelsey Mr. Ervin & Mrs. Theresa Ketterling Mrs. Susan & Mr. Kevin King Mr. Philip & Mrs. Anne Kirk Mrs. Melodi & Dr. Dennis Klemp Mrs. Anne & Mr. Steve Kloppel Mr. Jay & Mrs. Sandra Kloster Mr. Scott & Mrs. Alice Klosterman Mr. Donald & Mrs. Lynn Knight Mr. Mark Kohoutek & Mrs. Patty MurphyKohoutek Mr. Dennis & Mrs. Wendy Kolb Mr. Tony & Ms. Teri Kolnik Mr. William Kolski Ms. Raeanne Kooren Mr. Bret & Mrs. Lyndie Kraft Mr. Fred Krepps Jr. & Ms. Carrie Krepps Mr. Michael & Mrs. Heather Kubas Mr. Joshua & Ms. Betsy Kurcinka Mr. Kenneth & Mrs. Carolyn Laddusaw Dr. Duane Lammers & Mrs. Mary Ann Lammers Mr. William & Ms. Ranae Lancaster Mr. Kenny & Mrs. Maureen Lang Mr. William & Ms. Connie Lange Mr. William & Mrs. Jamie Langlas Mr. Jeffrey& Mrs. Tana Larson Mrs. Dana & Mr. Kevin Lasher Mr. Philip & Mrs. Susan Layher Mr. Carl Leaman Jr.

Ms. Janet Lee Mrs. Patricia Lemere Mr. Scott & Mrs. Teresa LeProwse Mr. Brian & Mrs. Amber Lewandowski Mr. Todd & Mrs. Jeanelle Lindsey Mr. Kevin Lintner Mrs. Carla Lix Mr. Joseph & Mrs. Sharlene Loendorf Mr. Steve & Mrs. Jeannie Luckey Mrs. Teri Lund & Mr. Randal Lund CPA Mrs. Marjorie MacClean & Edward Mr. John A. MacDonald Mr. Brian & Mrs. Brenda MacNeill Mr. Jay & Mrs. Susan Madson Mrs. Chantelle Mahan Mr. Don Jr. & Mrs. Tammy Marks Mr. Douglas & Mrs. Patricia Martin Mrs. Barbara & Mr. Robert Marx Mrs. Debra Mason Ms. Molly Mason Mr. Ronald Matelich & Ms. Swithin McGrath Mr. Lyle & Mrs. Sarah Mattern Mr. Paul & Mrs. Susan Matteucci Mrs. Inez & Mr. Mark Mattke Mr. Edward & Mrs. Maureen Maynard Mrs. Katherine & Mr. John McCaffery Mr. Dave & Mrs. Sheri McCurdy Mr. Bill & Mrs. Elaine McLean Mrs. Brandy & Mr. Chad McManus Mrs. Kristie Meagher Dr. William & Mrs. Carol Mealer Mr. Carl & Mrs. Carla Mendenhall Dr. Nancy Merritt Mr. Charles Metully Jr. Mrs. Susie Metully Mr. Larry & Mrs. Lynda Mikkola Mr. Mark & Mrs. Catherine Miles Mr. Gerald & Mrs. Donnalee Miller Mr. Wayne & Mrs. Carol Miller Mr. Martin & Mrs. Keli Miner Mr. Michael Monaghan Mr. Steven & Mrs. Susan Moore Mr. Terrill & Mrs. Tena Moore Mr. Jay & Mrs. Shelly Morasko Mr. Peter & Mrs. Dana Morgan Mr. Jeffrey & Ms. Mary Morrison Mr. Bruce & Mrs. Patrice Morse Mrs. Joanne & Mr. Glenn Mrjenovich Mr. Donald & Mrs. Cathryn Mulryan

Mr. Gregg & Mrs. Teresa Murphey Mrs. Cynthia & Mr. Don Murray Mr. Kurt & Mrs. Gail Nelson Mr. Bill Nesbit Mr. Alan & Mrs. Nancy Nicholson Mr. Lonnie & Mrs. Patti Niswanger Ms. Kathleen Nixon Mr. Daren & Mrs. Shelby Nordhagen Mr. Chris & Mrs. Connie Odegard Ms. Sunny & Mr. Aaron Odegard Mr. Wes & Mrs. Barbara Oja Mr. Jerry & Mrs. Kathy Olds Mr. Edward Olson & Mrs. Jeannine HauganOlson Mr. Joseph Ottoy Mrs. Cresta & Mr. Paul Pahut Mr. Tom & Mrs. Lexie Pankratz Mr. John & Mrs. Mary Pannell Mr. Richard Pappin Mr. Harlan & Mrs. Linda Patterson Mr. Robert & Mrs. Mary Peck Mr. Beau Perkins Ms. Kacie Perkins Mr. Douglas & Mrs. Marcia Peterson Mr. Shawn & Mrs. Lisa Peterson Mr. Lowell & Mrs. Deborah Peterson Mrs. Marilyn & Mr. Bill Pettit Mrs. Joyce & Mr. Thomas Pickard Mrs. Serena & Mr. Jim Pierce Dr. John Printy & Mrs. Betty Bishop-Printy Mrs. Lori & Mr. Jason Purpura Dr. Ron & Mrs. Jane Rada Mr. Donald Radenbaugh Ms. Vickie Rauser Mr. John & Mrs. Sharon Reynolds Mr. Jake & Ms. Rebekah Rhoades Ms. Ursula Richter Mr. Sean & Ms. Andrea Ridl Mr. David & Mrs. Nancy Rigg Mr. Neal & Ms. Marla Riley Mr. John & Mrs. Dawn Ripley Mr. Jay & Mrs. Phyllis Ritland Mr. Robert & Mrs. Susan Rivinoja Mr. Ben & Mrs. DeeDee Rixe Mr. Duane & Mrs. Barbara Robertson Mrs. Jeanne Roby Mr. Ralph Roscoe Mr. Corbin & Ms. Jody Ross Ms. Virginia Ross Mr. Leif & Mrs. Barbara Roys

Mr. Joseph Ruffatto Ms. Kalli Ryti & Mr. Mike Bournet Mr. Fred Sagebaum Mr. Jason & Mrs. Shan Salois Mrs. Kathleen Sanchez Mrs. Jackie & Dr. Thomas Sather Mr. John & Mrs. Annette Schipf Mr. Eric Schmidt Mr. Philip & Mrs. Tanya Schneider Mrs. Jean & Mr. Franklin Schoonover Mr. John Schuler Mr. Thomas Scott Ms. Valory Seely Mr. Nathan Seibel Mr. Stephen Sendon Mr. Ira Shaulis Mr. Thomas & Mrs. Ronda Simkins Mr. Stephen Sindelar Ms. Kari Skedsvold & Mr. Robert Workmeister Mr. Christopher Smith & Ms. Terese HigbieSmith Mr. Michael & Mrs. Carol Smith Dr. Stephen & Mrs. Nancy Smith Ms. Marlene Snodgrass Mr. Ken & Mrs. Donna Snyder Mr. Rodney & Mrs. Robin Sorensen Ms. Violetta Sorokina Mr. Scott St. John Mrs. Maxine Stamper Mr. Murray Steinman Mr. Samuel Stevenson Mr. John Stickel Mrs. Doreen & Mr. Brian Stoppel Mr. Thomas & Mrs. Norma Stroeher Mr. Dan Sundling Mr. Carl & Mrs. Dixie Swanson Mr. Murray & Mrs. Thea Swenson Ms. Suzi & Mr. Scott Taylor Mr. Wyman & Mrs. Dee Taylor Mr. Bob & Ms. Debra Thomas Hon. Fred & Mrs. Suzzie Thomas Mrs. Laura & Mr. Brian Thomas Mr. Spencer Thomas Mr. David & Mrs. Vicki Thompson Mr. Timothy & Mrs. Paige Thompson Mr. Timothy & Mrs. Cindy Thompson Mrs. Miriam & Mr. Jim Tilleman Mr. Steve Timmerman Mrs. Angie & Mr. Clint Tinsley

Mrs. Vickie & Mr. Mark Tischendorf Ms. Kathleen Tonkovich Mr. Fred & Ms. Virginia Traeger Ms. Ruth Uhl Mr. Sox Ullman Ms. Janet Ulrich Mr. Tom & Mrs. Esmerelda Upton Mr. Greg Van Arsdale Sr. & Mrs. Joni Van Arsdale Mrs. Kristin & Mr. Curtis Van Luchene Mrs. Jessica & Mr. Jay Van Voast Ms. Kylene & Mr. Trevor VanCampen Mr. Michael VanDyken & Mrs. Elise Burkart Mr. Cory & Ms. Pam Vellinga Mr. Dan & Ms. Brandie Villa Mr. Kyle Viste Mr. Richard Wagner Mr. Kitch Walker Jr. & Mrs. Nikki Walker Ms. Patricia Walker Mr. Jerry Waller Mrs. Karen Walsh Town & Mr. Fred Town Mrs. Katie & Mr. John Walsh Mrs. Jan & Mr. Rick Waltenbaugh Mr. Bill & Mrs. Susan Ward Mr. Michael & Mrs. Linda Ward Mr. Thomas Warfield Mrs. Shauna Watson Mr. Robert & Mrs. Keri Wheeler Ms. Janice Whetstone Mr. James & Mrs. Colleen Whitbeck Ms. Katie Whitbeck & Mr. Shane Winden Ms. Kim Wild Mr. Frank Willett & Mrs. Arleen Boyd Mr. James & Mrs. Marilyn Williams Mr. Rocky Williams Mrs. Terri & Mr. James Williams Mr. Todd & Mrs. Kristen Williamson Mr. Tanner Willis Mr. Jim & Mrs. Veronica Wing Ms. Denise Wohlgenant & Mr. Steve Calandrella Ms. Shelly Wong-Pinto & Mr. David Pinto Mrs. Doris Wood Mr. Anthony & Mrs. Melanie Woolery Mr. Kreg & Mrs. Diane Worrest Mr. Robert Wright Dr. David Yarlott & Mrs. Beth Howe-Yarlott

HONOR ROLL OF DONORS

Organizations 19th Hole Grill Advent Software American Bank American Furniture Warehouse Ameriprise Financial, Inc. Anderson ZurMuehlen & CO., P.C. Askmore, Inc. Bank of America Corporate Affairs Bequet Confections Big Sky Chapter of the Association of Certified Fraud Examiners Big Sky Western Bank Blackstone LaunchPad Blue Cross Blue Shield Boeing Company Bozeman Deaconess Health Services Bridger Creek Golf Course Budget Instant Print, Inc. Canyon River Spa CenturyLink Clark’s Fork Clean Slate Group Colgate-Palmolive Co ConocoPhillips Copper CTA Architects & Engineers D.A. Davidson & Co. Deloitte Foundation Dick Anderson Construction Distinctly Montana Donate for a Cause, Inc. East Main Liquor Eide Bailly, LLP Elixiter, Inc. Ernst & Young Foundation Fairmont Hot Springs Fidelity Investments Charitable Gift Fund First Interstate Bank First Interstate Bank Foundation First Security Bank Foundant Technologies, Inc Gallatin Valley Mall GlaxoSmithKline Foundation Harrington Bottling Company (Pepsi-Cola) Heartland Financial USA, Inc. 72

HeyDay Highland Liquors, Inc. Hill’s Pet Nutrition, Inc. Indreland Ranch Angus Beef J&H Office Equipment, Inc. Jake Jabs Charities Janet B Lee, CPA Janice K. Whetstone Law Firm, PC Joseph Eve, CPA Knees Butte Farm, Inc. KPMG Foundation Leif V. Roys, CPA Little Red Wagon Coffee Livingston HealthCare Lockheed Martin Corporation Martel Construction Microsoft Corporation Miller’s Jewelry Montana Bankers Association Montana Chamber of Commerce Montana Community Foundation Montana Department of transportation: DBE Program Montana Parent Magazine Montana Society of CPA’s Morrison-Maierle, Inc., Bozeman MRCH-Livingston, LC dba MT’s Rib & Chop House MSU Accounting Club MSU Athletics MSU Bookstore MSU President’s Office Murdoch’s Ranch & Supply Museum of the Rockies Nevada Restaurant Services, DBA U1 Gaming Northwestern Energy Oracle Oracle Corporation Matching Gifts Program Pacific Steel and Recycling Pettit Farms, Inc. Pine Cove Consulting PricewaterhouseCoopers, LLP PrintingForLess.com

Ritland Farms Riverside Country Club Roost Rudd & Company Saffron Table Sauce Headwear Simms Fishing Products Spirited Holdings, Inc. State Farm Insurance Stifel Stockman Bank Sun Mountain Tart Ted’s TowHaul US Bancorp Foundation Valley View Verizon Foundation Voya Financial Wells Fargo Educational Matching Gift Program West Paw Design Whitefish Lake Golf Whitefish Mountain Resort Wipfli/Galusha Higgins & Galusha

Endowments

We thank the following individuals and businesses who have honored the Jake Jabs College of Business & Entrepreneurship (JJCBE) with established endowments. Endowments are a way to match a donor’s interest with MSU’s priorities, needs, and objectives. Working together, the JJCBE and the donor create an endowment that reflects a commonality of goals. Endowment gifts may be set up to offer a scholarship to an exceptional student, support an outstanding professor, award excellence, and honor loved ones. Because endowments are held in perpetuity and invested for the long term, these gifts provide one of the most secure sources of future revenue. Thank you! Alderson Program in Entrepreneurship Pat and Helen Ames College of Bus Scholarship Anderson ZurMuehlen Accounting Scholarship Mary Frances Bennett Scholarship Big Sky Western Bank Business Scholarship John & Lois Blankenhorn Scholarship John W. Blankenhorn Fund for Excellence Mike Bowen Memorial Gary K. Bracken Program for Excellence in Undergraduate Business Education Donald W. Bullock Scholarship Cameron Pioneer Memorial Business Scholarship David & Tanya Cameron Excellence in Business Scholarship Nancy Cameron Professorship in Business Carstensen/Haferman RightNow Technologies Scholarship Susan Carstensen and Larry Haferman Excellence in Teaching Award Teresa L. Clopton Business Scholarship College of Business Accounting Faculty Endowment College of Business Dean’s Endowment College of Business Faculty Development Endowment Gil Crain Memorial Scholarship D.A. Davidson Investor Education D.A. Davidson Scholarship D.A. Davidson Silver Fund Farmer Anderson Memorial Scholarship Financial Institutions Enhanced Chair Harrington’s Bottling Company in Honor of Bob Arrotta Student Mentorship Scholarship Russ B. Hart Fund Harold & Reta Haynes Student Mentoring Harold & Reta Haynes Superior Performance Award

Harold & Reta Haynes Faculty Development Endowment Barbara & Scott Heck Business Scholarship Barbara & Scott Heck Faculty Scholar Daniel G. Hertz Accounting Scholarship Jake Jabs Center for Entrepreneurship Junkermier, Clark, Campanella, Stevens Scholarship Howard Kelsey Memorial Scholarship Alice Knowles Scholarship KPMG Fund for Professional Accounting Development Harvey A. Larson Endowment for Excellence Harvey A. Larson Scholarship Joe and Sharlene Loendorf Excellence in Teaching Award Mary Elizabeth McClure Memorial Scholarship Mike McCue Memorial Scholarship Norm Millikin Excellence in Outreach and Teaching Award Sid and Keli Miner Fund for Business Excellence Bettie Eagle Nelson & Peggy Roman Taylor Thomas E. Nopper Academic Excellence Orser Endowment for Student Success David W. & Dorothy E. Patterson Scholarship Amy H. Pound Memorial Scholarship Frank Preston Business Scholarship Grace Rosness Memorial Scholarship Elizabeth Seitz Moyer Scholarship Robert G. Simkins Memorial Scholarship State Farm Insurance Family Business Program Syverson Family Scholarship Jerry Trainer Excellence in Business Scholarship U.S. Bank Bozeman Scholarship Uzurahashi Endowment for International Studies Doris Wood Endowment for Business

January 2014 - May 2015

THANK YOU to our JJCBE Staff

The JJCBEâ&#x20AC;&#x2122;s support staff provides vital assistance to our administrative team, faculty, and students in a variety of ways. From preparing payroll, drafting budgets, coordinating position searches, to faculty and student support, event planning, and project management and development, they demonstrate hard work and dedication. We would like to express our gratitude and appreciate for their support.

Lisa Daniels

Audrey Capp

Rilla Esbjornson

Director of Communications & Public Relations

Director of the Bracken Business Communications Clinic

Editor I Faculty Services Office

Phyllis Johnson

Chantelle Mahan Associate Director, The Bracken Center

Admistrative Associate to the Dean

Administrative Associate, Communications & PR

Halina Rickman

Assistant Director, Office of Student Services

Alison Todd Administrative Associate to the Interim Associate Dean for Administration and Finance

Brenda Truman

Linda Ward

Jackie Sather

Director, Office of Student Services

Director, The Jabs Entrepreneurship Center

Senior Director of Development, Unit Lead (MSU Foundation)

Annual Report Online

Liz Greenfield

For the past seven years, the JJCBE has created an online version of the Annual Report as a way to keep you updated on College activities and news while striving to manage our financial resources wisely. As we move forward, the JJCBE continues this tradition by linking our homepage to our online interactive Annual Report. Please e-mail collegeofbusiness@montana.edu if you wish to continue to receive a hard copy of the Annual Report. Thank you for your continued support!

Find the Jake Jabs College of Business & Entrepreneurship on Facebook facebook.com/MontanaStateCOB

The Jake Jabs College of Business & Entrepreneurship is also on LinkedIn and Twitter

montanaconnection.org The commute in Montana may be a little different than what you are used to. There are many opportunities in Montana in the accounting profession just waiting for YOU. Great jobs, good people and a quality of life you won’t find with a long commute to and from work.

“Since I moved back to Montana I save 300-500 hours of commute time each year. This move was the right decision for my career and my family.” –CPA in Kalispell, MT

Find your way back home at

montanaconnection.org

An employment website for accounting professionals.

P.O. Box 173040 Bozeman, MT 59717-3040 www.montana.edu/business 406-994-4423

NONPROFIT ORGANIZATION U.S. POSTAGE PAID PERMIT NO. 69 BOZEMAN, MT 59718