Bertolon School of Business Newsletter Spring 2022

BERTOLON SCHOOL OF BUSINESS NEWSLETTER Spring 2022

INDEX Dean’s Message

Raminder Luther, Interim Dean, Bertolon School of Business

The past two years have been unquestionably pivotal in most of our lives, and they were just as pivotal for the Bertolon School of Business. As we hope for an end to the pandemic, I am glad to share a few words with you through this newsletter that will shed some light on various accomplishments of the BSB community over the last two years.

We started 2021 as an AACSB accredited school, the only one on North Shore of Massachusetts and the only Massachusetts State University to earn that accreditation. This accreditation is a testament to the commitment, dedication, and hard work of our faculty who continue to provide an excellent education to our students while conducting research, expert advising, and outstanding service to the School and University, staff, support of SSU leadership and other stakeholders, and best wishes and support of many of you. Only 5% of world’s business schools have achieved this accreditation, and we are proud to join the league of those schools as we continue to forge ahead with our dreams of changing lives of our students who go on to build strong and connected communities.

In March 2020, when the university had to shut down all the dorms due to Covid, our faculty pivoted immediately from in-person teaching to online delivery mode and have since continued to accommodate both in-person and online classes to ensure accessibility to all our students. At the same time our administration support services ensured that even the most vulnerable of our students were supported with not only their technological needs for learning, but also their most basic needs of food and shelter. Our donor-fueled Student Emergency Fund has helped 498 students with these unanticipated financial challenges.

Thanks to the philanthropy of many of you and others, we saw most of our community manage through this pandemic, and we hope that you will revel in the few good stories of this time that we share with you in this newsletter.

Over the last eighteen months, 17 of BSB faculty published articles, cases and/or book chapters, and presented virtually

at national and international conferences in addition to serving as reviewers, discussants, and editors of various journals and conferences.

Dean’s Message

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Faculty News

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Center for Student Success News 3 Center for Entrepreneurship News 3 Advisory Board News

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Alumni Spotlight

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Student News

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This year we awarded our first Dean’s Faculty Fellowships to three faculty members Hongtao Guo, Jean-Paul James, and Myunghee Jeon. These fellowships will allow faculty to complete their research projects that they hope to get published soon and elevate BSB brand among our peer institutions.

We have increased focus on providing experiential learning to our students through internships, entrepreneurship activities, student investment management and student provided tax services.

Almost 200 of our junior and senior students completed internships in the past two years, and some of them received a stipend for their internships when the employer provided excellent training but could not pay fully for the intern. More than 20 students also got an opportunity to network with business leaders at North Shore Chamber of Commerce events with tickets for the students sponsored by various businesses from the region.

Eighteen different teams participated in our first Annual Business Pitch Competition in Spring 2021 which awarded $4,500 to three winners. The Center for Entrepreneurship also held its first Entrepreneurship Panel Night on Nov 9th where more than 75 participants heard from three BSB alumni entrepreneurs about their entrepreneurship journey.

More than 150 students have been certified in Bloomberg Market Concepts in the last couple of years and many students participated in analyzing and making portfolio decisions for the Student Managed Investment Fund. We continue to be grateful to donors like Rob and Rachel ’98 Lutts for making experiences like this possible.

Our graduate programs in business including MBA and Graduate Certificate in Business continue to see an increased interest.

MSA program which started in 2019, saw more than 50% growth in enrollment last year, and we expect this trend to continue. We are also seeing a growing interest in our recently introduced 4+1 accelerated path to MSA. We have always been supported by our advisory board and we are thrilled to welcome 5 new members to our board. Please get to know them a bit on page 4 .

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FACULTY NEWS BERTOLON SCHOOL OF BUSINESS Articles, Cases and Book Chapters Published

Service on National and International Professional Associations

Bandyopadhyay, J., Guo, H., Lam, M., Liu, J. (2021). The Saga of a Chinese Company Being Listed on a US Stock Exchange – a Global Financial Reporting Case Study (pp. 1-29). Bingley: Emerald Publishing.

Coleman, Linda (Professor, Marketing and Decision Sciences) Professor Coleman is a reviewer for the Journal of Hospitality and Tourism Research

Blaber, Z., 2021. Accounting classroom contests: Cartoons in need of captions and captions in need of cartoons. In: Teach Accounting with a Sense of Humor: Why (and How to) Be a Funnier and More Effective Teacher and Laugh All the Way to Your Classroom. K. Vaidya (ed.), Chapter 1.

Colina, F. E., Blanco-Ramirez, G. L. (2021). Accountability compliance, and student learning as competing rationales for assessment: A case study of US tuning in practice. Tertiary Education and Management, 27(2), 129.

Jeon, Myunghee (Associate Professor, Management) Professor Jeon is a reviewer for the Journal of Hospitality and Tourism Research, Asia Pacific Journal of Tourism Research, International Journal of Contemporary Hospitality Management, Journal of Hospitality and Tourism Education, and Journal of Sustainable Tourism.

Awards and Recognitions Deans Faculty Fellows

The first Dean’s Faculty Fellowships (which provide additional time for faculty to devote to research) were awarded to three faculty members.

Hakstian, A.-M., Williams, J. D., Taddeo, S. (2021). The More Things Change, the More They Stay the Same: Online Platforms and Consumer Equality. Pepperdine Law Review, 48(1), 59-120.

Prof. Hongtao Guo (Professor, Accounting and Finance) will use the time to revise and resubmit a paper that proposes an estimation method that can improve the predictions of future operating cash flows from operations.

Hartling, X. (2021). The Contribution of Farm Stand, Farmers Market, And Community Supported Agriculture to The Community and Environment. Economy and Business, 14, 316-328.

Prof. James, Jean-Paul (Assistant Professor, Marketing and Decision Sciences) plans to use the time to submit his paper to a peer reviewed journal. He investigates diversity’s impact on the advertising industry.

Hyman, M., Jayamohan, P., Watts, O. (2021). Advertising and the Impact on Stock Price Accuracy. Journal of Corporate Accounting and Finance.

McArdle, J. F., de Koning, A. J. (2021). Street Challenge Pedagogy: How Walking Down Main Street Broadens Entrepreneurship and Ecosystem Perspectives.

Entrepreneurship Education and Pedagogy.

Meirovich, G., Goswami, A. (2021). Psychosocial and Tangible Distance between a Leader and a Follower: The Impact on Dyadic Relations. Journal of Leadership Studies, 14(4), 1-15.

Bennett, A., Lo, K., Pervez, A., Nelson, T., Mullane, K., Farrell, M., Wilson, S., Decker, M., Tarr, E. (2021). Exploring business doctoral students’ attitudes, training, and use of classroom experiential learning activities. The International Journal of Management Education, 19(2).

O’Connor, C., Mullane, K., Luethge, D. (2021). The management and coordination of virtual teams in large classes: Facilitating experiential learning. Journal of Management Education.

Pervez, A., Brady, L., Mullane, K., Lo, K., Bennett, A., Nelson, T. (2021). An empirical investigation of mental illness, impostor syndrome, and social support in management doctoral programs. Journal of Management Education, 45(1).

Comeau, D., Tang, Z., Manago, S. M., Hu, Y. (2021). “All Your Files Have Been Encrypted!” - Ransomware Attack at Keystone Insurance. Journal of Applied Business and Economics, 23(3).

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Prof. Myunghee Jeon (Associate Professor, Management) will write a case study involving The Crane Estate in Ipswich and will examine the impact of the Trustees’ efforts of maintaining sustainable tourism on the satisfaction of internal and external stakeholders

McNamara Awards

The McNamara Awards are made possible by alumnus Brian McNamara ‘77, enabling faculty to not only be recognized by peers but also provide opportunities to continue their teaching, research, advising and service with a financial award.

Distinguished Teaching Sanjay Kudrimoti (Accounting and Finance) Distinguished Research John McArdle (Accounting and Finance) Distinguished Service Linda Coleman (Marketing and Decision Sciences) Myunghee Jeon (Management)

Emerging Teaching Zlatinka Blaber (Accounting and Finance) Kenneth Mullane (Management) Emerging Research Fernando Colina (Marketing and Decision Sciences) Kenneth Mullane (Management) Emerging Service Xu Hartling (Marketing and Decision Sciences)

Others Hartling, Cissy (Assistant Professor, Marketing and Decision Sciences) Best Paper Award, Academy Business Research Tschakert, Norbert (Associate Professor, Accounting and Finance) 2021 AAA Forensic Accounting Section Best Teaching Innovation Award, American Accounting Association

CENTER FOR STUDENT SUCCESS NEWS Internships

PwC Virtual Information Session

Bertolon School of Business students participated in 195 internships in the last four semesters. These internships were completed at the various companies including: Price Waterhouse Coopers, GE Aviation, Northshore Latino Business Association, 99 Restaurants, Corbus LLC, Newport Hotel Group, Costco, MBT Worldwide, and Creative TK Consulting. Thank you to donors Henry ’74 and Donna Bertolon, Elliot ’78 and Donna ’78, ‘98G Katzman, and Ralph and Janice James for opening doors for our students to participate in these experiences.

PwC virtual information session was hosted by the Bertolon School of Business and Career Services on November 8, 2021.

Panelists from PwC were - Andrew Thorne, Partner Assurance, Jamal Rose, Sr. Associate, Tax, Adrian Rodriguez, Associate, Tax, and Danielle Brogan, Talent Acquisition Manager.

External Engagement Students networked with business leaders at various North Shore Chamber of Commerce Events, with tickets for the students sponsored by various businesses from the region. A special shout out to Institution for Savings, Correnti and Darling, SeniorCare Inc., AgeSpan (formerly Elder Services of the Merrimack Valley and North Shore), REV Kitchen and Bar, Cataldo Ambulance, Solomon Private Wealth LLC, Groom Construction, The Resource Connection Inc., Encon Commercial Services, McLane Middleton for sponsoring our students to attend these events.

CENTER FOR ENTREPRENEURSHIP NEWS Business Pitch Competition

Entrepreneurship Panel

The first ever Viking Business Pitch Competition took place in spring 2021. Three winners were selected.

Four alumni were the panelists in the Entrepreneurship Panel on November 9.

1st Place – Toiell Washington Are you having a hard time starting conversations around Race, Class, and Gender? The Master’s Tools is a game company that teaches people about systems of oppression.

Erik Sayce Created the company Goodnight Fatty, a nighttime cookie shop in Salem.

2nd Place – Benine Mudymba The Natural Sis is a hair care brands that provides services and products to encourage women (and men) to discover, embrace and love their natural through hair care education and empowerment.

All hair is good hair, it’s a matter of how we care for it! ​ 3rd Place – Kathrine Ciccolini The Shining Moon Studio subscription box will feature products from various stores around Salem. These products will be certain tools to help educate people on the spirituality that keeps Salem, Salem!

Julianna Donovan Created the company, Salem Style.

Not your granny’s crochet: Salem Style offers fresh and modern accessories to keep you warm and cozy. Handmade locally, each piece is unique and crafted with care. Established in 2011 by Julianna, a 5 th generation crocheter, Salem Style brings love, coziness, and a bit of Salem magic to everyone who wears it.

Sal Taormina Created Powerful Nutrition. Powerful Nutrition is a nutrition-based smoothie bar located in Salem, MA. Their mission is to provide great nutrition to the entire community. Providing delicious smoothies to everyone looking to reach a health goal, replace a meal or to just enjoy.

Marquis Victor Founder and Executive director of Elevated Thought. Elevated Thought (ET) is an art and social nonprofit organization based in Lawrence, MA. ET develops spaces for BIPOC youth and communities to engage and understand art’s liberating power and actively addresses forms of systematic injustice through creative youth development, beautification projects, public outreach, and paid opportunities for BIPOC creatives.

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ADVISORY BOARD NEWS ALUMNI SPOTLIGHT We expanded our advisory board membership to include:

40 Under 40

KAREN ANDREAS Karen Andreas has dedicated her lifelong career to the betterment of the North Shore region – as a journalist, media publisher and as of Jan. 1, as president and chief executive officer of the North Shore Chamber of Commerce.

In February 2021, 10 BSB grads were selected as part of the inaugural 40 Under 40 class: Barbara Baggs ‘13G Shelby Morrison ‘08 Katie Bedard ’08, ‘13G Nick Papa ‘19 Nicole Goggin ’14, ‘17G Timothy Patterson ‘12 Stephen LaMonica ‘13 Debra Lee Surface ’05, ‘19G Robbie Millwee ‘09 Gavin Walsh ‘07

DINO DI PALMA Dino is currently a Managing Partner at True North Advisory. True North is the premier trusted advisor to the enterprise and Service Provider B2B industry.

Dr. Gina Deschamps ‘92G In August 2021 Dr. Deschamps was named Executive Director of the Angle Center for Entrepreneurship at Endicott College.

JESSYCA FELICIANO Jessyca Feliciano is a Global Human Resource Business Leader at Takeda Pharmaceuticals helping manage the relationships between the organization and its employees and helping to lead strategic human capital initiatives.

MICHAEL FINER Michael Finer is the president of Finer Wealth Management, Inc., a multiasset class investment and wealth management firm that caters to affluent individuals, families, closely held businesses and celebrities.

Holistic financial services provides us with a special place in the financial services market. Our goal is to help be your “financial quarterback.”

PAUL TUCKER Representative Paul Tucker has served the general public and the Commonwealth for over 30 years with a distinguished career as a police officer, a Police Chief, a university professor and now the State Representative of the city of Salem. In 2021 State Representative Paul Tucker was appointed by Speaker of the House, Ronald Mariano to serve as the Vice-Chair of the Joint Committee on Municipalities and Regional Government for the 192nd Session.

For more information about the Bertolon School of Business, please contact us at bsbstaff@salemstate.edu or 978.542.6608.

We look forward to speaking with you!

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Heather Wilson ‘16 A graduate of BSB with a concentration in Accounting and a minor in Economics, Heather manages more than 17 buildings, over $50 million in assets and says “…my career skyrocketed, not even 5 years after graduation. Having a degree from the Bertolon School of Business drastically helped my career and I cannot thank my professors enough.”

Pedro Palandrani ‘18G In January 2021, Pedro was named AVP at Global X ETFs and continues to be a regular contributor to various regional and national media outlets.

Andrew Caggiano ’20, ‘22G Andrew was recently featured on the Alumni Association Facebook page because of his experience with the Cabot Lab.

STUDENT NEWS

Experiential learning enhances our students’ experience and learning outcomes, and our students continue to be involved in hands-on projects in various disciplines.

Accounting students in many of Prof. Blaber’s classes worked on real life projects including: • Cost project for Flash Repair, Canada • Integration of Square Payment Technology into Quickbooks for HybridHelix in Mexico • Market research and pricing project for AI Shading, Canada • Social profit project for Wenco International Mining Systems, Canada • SSU Mussels Farm, Salem • Subscription-based pricing model for WebAlPaso, Argentina Many students also participated in Collaborative Online International Learning (COIL) and worked on real life projects with their international team partners from: • Faculdad Universitaria del Area Andina in Valledupar, Colombia on ESG accountability • Poltava State Agrarian University in the Ukraine on commodity exposure in Salmon and oysters in US and Ukraine.

Hospitality students in Prof. Jeon’s classes toured hotels to observe front and back house activities and learn about overall hotel operations and conduct trial runs in hotel case simulations to maximize revenue.

Finance students in Prof. Kudrimoti’s class research and manage more than $100K in a Student Managed Investment Fund that has generated returns of more than 20% per year.