U N I V E R S I T Y
O F
C A L I F O R N I A
R I V E R S I D E
DEAN’S REPORT 2016
Business.UCR.edu
CONTENT
Mission Inn at dusk Riverside, California
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Dean’s Message
3
New Faculty
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2016 International Business Competition Winners
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Economic Forecasting & Development Center
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2016 Economic Forecast Conference
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Top Minority Students Attend Business Bootcamp
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Investing in Our Community
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Business Programs
19
Stats & Rankings
1
5
Endowments & Scholarships
ON THE COVER (L-R)
University of California Riverside School of Business
Business.UCR.edu
Brian Murillo, BS ‘17 Diana Cullen, MBA ‘17 Bandar Faisal, MBA ’17
Message from Dean Wang I am truly inspired by our outstanding diverse and international community of students, faculty, staff and partners. Together, we took the UCR School of Business to new levels of achievement in 2016. We lead nationwide in providing opportunities to minority students, and are ranked first in the country for the most international MBA program. Leveraging our strengths in diversity and international appeal, we continue to build on other key strategic goals, including significantly increasing faculty size, and creating world-class centers of excellence. At the School of Business we are invested in the communities we serve. In this regard, we partner with key business sectors and companies to drive innovation and development in our region, with a particular emphasis on energy, healthcare, banking, and technology. $2.5 Million Gift from the A. Gary
New Center for Economic Forecasting
Eight New Faculty. Building on the
Anderson Family Foundation. This gift
& Development. The establishment of
success of faculty hiring over the last
and others funded four new endowed
our new Forecasting Center provides
few years, this year we welcomed
chairs in Business Administration and
economic leadership and collaborative
eight additional new faculty members,
Supply Chain Management, as well as new
opportunities for researchers, private &
including one for the Albert O. Steffey
scholarships for AGSM graduate students.
public companies, and municipalities.
Endowed Chair in Marketing.
BUSINESS
Rami Zwick, PhD Sr. Associate Dean 11,000 Feet Above Perris, California Summer 2016
ON TOP
At UCR School of Business, we successfully recruited eight outstanding teachers and researchers to join our faculty. These accomplished business scholars come to us from a variety of disciplines including finance, accounting, management & marketing. “An integral part of our ongoing strategic initiatives is to dramatically increase our full-time faculty over the next three years.” — Rami Zwick, PhD Sr. Associate Dean
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University of California Riverside School of Business
Business.UCR.edu
Subramanian Balachander Professor of Marketing Albert O. Steffey Chair
Balachander earned a Ph.D. in industrial admin from Carnegie Mellon University, an MBA from IIM, Calcutta and a B. Tech in Chemical Engineering from IIT Madras.
Jean Helwege
Thomas Kramer
Ke “Kevin� Li
Professor of Finance
Associate Professor of Marketing
Assistant Professor of Accounting
Helwege earned her Ph.D. and
Kramer earned his Ph.D. in
Li earned his Ph.D. in accounting
MA in economics from UCLA
marketing from Stanford
from Haas School of Business at UC
and a B.A. in linguistics from
University, and an MBA and BBA Berkeley, an MBA with distinction
the University of Chicago.
from Baruch College CUNY.
from NYU Stern, and a BA from the Peking University.
8 NEW FACULTY
Alexander Barinov
Haibo Liu
Ashish Sood
Asst. Professor of Management
Assistant Professor of Finance
Asst. Professor of Management
Assistant Professor of Marketing
Gubler earned his Ph.D., M.S.
Barinov earned his Ph.D. and M.Sc. in finance from the University of Rochester, an MA from New Economic School, BA from Lomonosov Moscow State University.
Timothy Gubler
in business strategy from Washington University in St. Louis, and BA from BYU.
Liu earned his Ph.D. from
Sood earned his Ph.D. in
INSEAD, a Master of Tech
marketing from the University
Design and Bachelor of
of Southern California, MBA
Engineering from National
from Nanyang Tech U., BS in
University of Singapore.
Engineering from Delhi College.
ENDOWMENTS & SCHOLARSHIPS
$2.5 Million Gift
from the A. Gary Anderson Family Foundation
To mark the 20th anniversary celebrating the renaming of the Anderson Graduate School of Management, the Anderson family made a $2.5 million gift that will create three endowed chairs for faculty members and provide scholarships for graduate and undergraduate students.
A. Gary Anderson Family Foundation Matching Funds Initiative
The A. Gary Anderson Family Foundation initiative will match dollar for dollar new gifts endowing scholarship awards. This academic year nine new endowed scholarships were created by donors to support undergraduate and graduate students. The potential philanthropic impact is more than $5 million through the scholarship matching funds initiative and the UC Presidential Match for Endowed Chairs.
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University of California Riverside School of Business
Business.UCR.edu
FACULTY POSITIONS
NEW SCHOLARSHIPS
UCR SCHOOL OF BUSINESS FUND
CHINA WEST EDUCATION SCHOLARSHIP ENDOWMENT FUND
LOGISTICS TEAM PRESIDENTIAL CHAIR IN SUPPLY CHAIN MANAGEMENT
BILL AND TERRE THOMAS ENDOWED AWARD FUND
A. GARY ANDERSON (1) FAMILY FOUNDATION PRESIDENTIAL CHAIR IN BUSINESS ADMINISTRATION
JAMES A. ROBINSON FAMILY ENDOWED SCHOLARSHIP FUND
and School Support
and Student Awards
SOLARMAX ENDOWED GRADUATE FELLOWSHIP FUND
HSAE ENDOWED AWARD FUND
A. GARY ANDERSON (2) FAMILY FOUNDATION PRESIDENTIAL CHAIR IN BUSINESS ADMINISTRATION
C.L. ENDOWED GRADUATE SCHOLARSHIP FUND
A. GARY ANDERSON (3) FAMILY FOUNDATION PRESIDENTIAL CHAIR IN BUSINESS ADMINISTRATION
JOSEPH P. BARR ACCOUNTING AWARD FUND
JAIME J. MERINO ENDOWED BUSINESS SCHOLARSHIP FUND
SUSAN ATHERTON GRADUATE AWARD FUND
BUSINESS
INTERNATIONAL COLLEGIATE BUSINESS STRATEGY COMPETITION 7
University of California Riverside School of Business
Business.UCR.edu
1ST IN INTERNATIONAL
COMPETITION
UCR School of Business fielded two teams of undergraduate and graduate students at the 2016 International Collegiate Business Strategy Competition (ICBSC) in Anaheim, California. This year, we are proud to announce that our teams won Best Overall Performance, Second Best Overall Performance, and second for Best Business Document. During the months before the competition, teams developed product prototypes, strategic business plans, income statements, balance sheets, and annual reports all reviewed by a board of directors. When in Anaheim, teams made quarterly decisions for a “two year period� culminating a rigorous presentation, prepared on site to their board of directors. Led by Dr. Sean Jasso, UCR School of Business teams have placed in the top tier wins for four consecutive years participating in ICBSC.
BUSINESS
Christopher Thornberg, PhD Director of the UCR School of Business Center for Economic Forecasting & Development
LAUNCH OF UCR SCHOOL OF BUSINESS
Center for Economic Forecasting & Development The establishment of our new Center is the single most significant achievement to provide economic leadership and insights in the region, one of the State’s most vital growth areas. The Center will bring the full resources of the 9
University of California Riverside School of Business
University to bear in creating modern, first rate economic forecasts and development products, in collaboration with researchers, businesses and government leaders. The Center for Economic Forecasting & Development had a direct
Business.UCR.edu
influence on the decision to bring the California Air Resources facility to a site on UCR. This move represents a $366 million investment into the community and 400 knowledge-based jobs in Inland Southern California.
Economic, Revenue & Occupational Forecasting
Economic Impact Analysis
Service to Southern California Economic Policy Analysis
Regional Economic Analysis
“A university plays one of the most pivotal roles in a community’s economic and social landscape.” — Yunzeng Wang, Dean of UCR School of Business
Real Estate Market & Industry Analysis
Public Speaking And Engagements
BUSINESS
2016 ECONOMIC
FOR
September 29th 2016 marked the 7th year of the Economic Forecast Conference. This year’s conference was headlined by some of the nation’s most renowned economists. The program combined a new economic forecast with a deep look at
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University of California Riverside School of Business
Business.UCR.edu
ECAST CONFERENCE the long term future of Southern California. The conference attracted hundreds of government and business leaders from across the region. It was a sellout event and record-setting year for attendance.
BUSINESS Business.UCR.edu
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1
UCR School of Business hosted the University of California’s 2016 Summer Institute for Emerging Managers and Leaders (SIEML), a program that brings together students
from Historically Black Colleges and Universities and Hispanic-Serving Institutions for an all expenses paid career building experience. For two weeks, about 50 college
students attended academic seminars, met with business leaders, visited businesses, engaged in community service and honed their networking skills.
2 3
Watch the VIDEO at Business.UCR.edu/SIEML16
#SIEML16
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University of California Riverside School of Business
Business.UCR.edu
4
Top [1] UC SIEML ‘16 Cohort. [2] SIEML group heads to class at UCR. [3] DeRonte Craig (Bowie State University) and Joshua Williams (Dillard University) speak with Ron Chandler, CIO at UCLA. [4] Raven Morgan (Howard University), Analicia Otero-Fierro (University of Texas at El Paso), and Kevin Lee (Paul Quinn College). Opposite page: Joshua Williams (Dillard University).
SUMMER INSTITUTE FOR EMERGING
MANAGERS & LEADERS BUSINESS
New MBA Post-Graduate Fellowship in Nonprofits Partnering with Springboard, one of the largest consumer credit management nonprofits in the country, who co-sponsor the fellowship, the MBA Post-Graduate Fellowship will support two MBA graduates to work for one year at a non-profit organization. Through the Fellowship Program the University of California Riverside School of Business can make a greater contribution to the community by working with an organization that has helped families in the region send their students to college. The program also aims to give MBA graduates a wider vision for their career paths.
“Business school graduates often see the private sector as the only career avenue after graduating from an MBA Program. Working at a non-profit organization lets them explore potential career paths in the nonprofit sector.” John Mattson Director of the Career Development Center
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University of California Riverside School of Business
Business.UCR.edu
Hamad Alhomaithi, MBA ‘18, and Jojo Chen, MBA ‘17 Opposite page: Keiko McNally, UCR School of Business Director of Marketing & Communications
INVESTING IN OUR COMMUNITY BUSINESS
UCR School of Business Fall 2016 Pre-Business Conference
Largest Business Program in UC system The UCR School of Business has the largest undergraduate business program in the University of California system. STUDENTS IN THE BUSINESS ADMIN PROGRAM -- 1180 STUDENTS IN THE PRE-BUSINESS PROGRAM -- 1200
Undergraduate Diversity
UCR SCHOOL OF BUSINESS PROGRAMS
Ethnicity
B.S. in Business Administration MBA Flex MBA Master of Finance Master of Professional Accountancy PhD in Business Administration
Mirroring UCR overall undergraduate population, the School of Business Administration has a very diverse student body.
AFRICAN AMERICAN/BLACK
4.26%
AMERICAN INDIAN/ALASKAN NATIVE
0.21%
ASIAN HAWAIIAN/PACIFIC ISLANDER HISPANIC/LATINO UNKNOWN
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University of California Riverside School of Business
Business.UCR.edu
Total F/W/S
WHITE
56.81% 0.21% 25.74% 1.91% 10.85%
— U.S. News & World Report 2016
BEST
COLLEGES RANKINGS 2016
A Best undergraduate
business program
Madaline Barayang, BS ‘17, and Simpson Chang, MBA ’17
BUSINESS
STATS & RANKINGS
GRADUATE
CAREER SUCCESS
Brian Murillo BS ‘17
Top Business School
in Southern California for Employment “University of California, Riverside is a leader among public institutions in diversity and accessibility and the School of Business reflects that mission in the diversity of the students in its programs.” — Yunzeng Wang, Dean of UCR School of Business
BEST GRAD SCHOOLS BUSINESS PART-TIME MBA
2016
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Most international MBA program nationwide — U.S. News & World Report
University of California Riverside School of Business
Business.UCR.edu
BEST
BUSINESS SCHOOL 2016
A Top 10 business school for minority opportunities — Princeton Review 2016
BEST
COLLEGES RANKINGS 2016
A Best undergraduate business program — U.S. News & World Report
UCR BUSINESS AROUND THE WORLD
1%
2%
Other US Regions
East Coast
35% International
62% California & West Coast
TOP COMPANIES EMPLOYING UCR BUSINESS ALUMNI AROUND THE WORLD DISNEY WALMART INTEL BANK OF CHINA CATHAY BANK
CITIC GROUP COACH KIA MOTORS MONSTER ENERGY PWC
TECHNICOLOR CITY OF RIVERSIDE SQUAR MILNER ERNST & YOUNG GENERAL ELECTRIC
CISCO EBAY EUROPEAN UNION PFIZER DELOITTE
BUSINESS
De B o lt
mcnal ly
U N I V E R S I T Y
O F
C A L I F O R N I A
R I V E R S I D E
Samantha Huizar, MBA ‘18
Anu Arumugam, MBA ‘18
Amal Alblwai, MBA ‘18
Zachary Melman, MBA ‘18
Connie Chiou, MBA ‘18
BS BUSINESS ADMIN
Abesse Ako MBA ‘18
MASTER OF PROFESSIONAL ACCOUNTANCY
Hamad Alhomaidhi MBA ‘18
Octavio Davila, MBA ‘18
FLEX MBA
MBA
UNIVERSITY OF CALIFORNIA RIVERSIDE SCHOOL OF BUSINESS Anderson Hall, South Campus 900 University Ave., Riverside, CA 92521 (951) 827-6329 Business.UCR.edu • Business@UCR.edu #UCRBusiness
MASTER OF FINANCE
PH.D.