Fogelman Focus Magazine 2022

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SCHOLARATHLETES SCORE IN BUSINESS FALL 2022 Focus FOGELMAN UNIVERSITY OF MEMPHIS

COLLEGE OF

President, University of Memphis Bill Hardgrave Executive Vice President for University Relations Tammy Hedges Interim Dean, Fogelman College of Business & Economics Gregory W. Boller Executive Editors Anna Grisham Madison Stoks Contributing Writers Ellen Austin Anna Grisham Marja Martin-Carruth Madison Stoks Kathy Tuberville Photography Wendy Adams Brooke Simpson Maggie Adams Art Direction and Design University of Memphis Division for External Relations Published by The University of Memphis Fogelman College of Business & Economics 3675 Central Ave. Memphis, TN 38152 901.678.3633 memphis.edu/fcbe FOGELMAN
BUSINESS & ECONOMICS The University of Memphis does not discriminate against students, employees or applicants for admission or employment on the basis of race, color, religion, creed, national origin, sex, sexual orientation, gender identity/expression, disability, age, status as a protected veteran, genetic information or any other legally protected class with respect to all employment, programs and activities sponsored by the University of Memphis. The following position has been designated to handle inquiries regarding nondiscrimination and anti-harassment policies: Director for Institutional Equity/Title VI Coordinator, oie@memphis.edu, 156 Administration Building, 901.678.2713. The University of Memphis policy on nondiscrimination can be found at memphis.policytech.com. UOM705-FY2122-2M1C50 Paulsen Printing To submit story ideas, letters to the editor, alumni updates or for other FCBE-related inquiries, please contact executive editor Anna Grisham at Anna.Grisham@memphis.edu
2 DEAN’S LETTER 4 SCHOLAR-ATHLETES SCORE IN BUSINESS MADISON STOKS | MAKES THE GOAL KAYODE OLADELE | FINDS HOME TURF MIKE BYLSKI | A SPIRITED CAREER ELIZABETH ORF | VOLLEYS HER WAY TO AN MBA HUDSON HURST | ON TRACK IN BUSINESS 16 ON THE RISE 18 BUILDING A BETTER BUSINESS SCHOOL 20 REAL EXPERIENCE USING REAL MONEY 22 CULTIVATING COLLEGE AND CAREER READINESS 26 GETTING MORE 28 CARNEGIE R1 TOP-TIER RESEARCH STATUS BOLSTERS BUSINESS COLLEGE 29 FACULTY SPOTLIGHTS 31 BRINGING ONLINE COURSE CONTENT TO LIFE 32 FCBE TOP ACADEMIC JOURNALS 34 DEPARTMENT NEWS 38 FACULTY AND STAFF NEWS 40 HONOR ROLL Contents FOLLOW FOGELMAN ON SOCIAL MEDIA A PUBLICATION OF THE FOGELMAN COLLEGE OF BUSINESS & ECONOMICS ON THE COVER Mike Bylski - MBA ’24 - Coed Cheer, 2021-present UNIVERSITY OF MEMPHIS 1

Dean’s Letter

D

ear Alumni and Friends,

Welcome to the 2022 edition of Fogelman Focus. As interim dean of the Fogelman College of Business & Economics, it is my privilege and pleasure to share some exciting new initiatives with you.

We have expanded our Executives-in-Residence program, which is designed to match our students with Memphis-based industry leaders. This exclusive program cultivates personal stewardship by providing one-on-one professional mentorship opportunities by highly respected and renowned business practitioners. We thank Frank Allen, Trevia Chatman, Steve Good, Dawn Graeter, Jay Myers, Alex Smith, Michael Wiggins, Duncan Williams and Paul Young for their generosity of time and dedication to enhancing our students’ educational experiences; our students are greatly benefitting from their diverse and significant expertise.

We are also excited to announce our new director for the Center for Workplace Diversity and Inclusion (CWDI), Dr. Jihae You. In addition to her CWDI director role, Dr. You is a new assistant professor in the Department of Management. Dr. You is joining us from Louisiana State University where she studied the impact of gender on corporate governance and CEO succession. Dr. You will be responsible for overseeing the mission of CWDI to empower scholars, enrich education and engage the community. She will be working collaboratively with the diversity and inclusion of faculty throughout the college to accelerate research, pursue external funding and promote diversity efforts in the University of Memphis and Greater Memphis communities.

In our ongoing efforts toward improving and enhancing the college’s online and digital offerings, we built a cutting-edge media studio in the Fogelman College complex. With this new resource, we will be able to significantly upgrade digital and interactive content used for teaching and research; better stream virtual training programs; and more assertively support efforts by our faculty, students, staff and supporters to create and share our brand stories.

In May, the State of Tennessee agreed to a $25 million investment for a major renovation to transform our current building into a state-of-the-art educational facility. We aspire to raise an additional $35 million in donor funds to support this effort. The substantial renovation will provide a dramatically advanced and innovative learning and research space for students and faculty. We are confident that the new Fogelman College complex will be the envy of elite business schools across the country.

Finally, we are proud to share that in the last two years — despite unprecedented and challenging times — we have significantly grown our business school’s program enrollments from 3,202 in fall 2019 to 3,554 in fall 2021. I would like to take this opportunity to thank our faculty and staff whose tireless efforts and tremendous dedication to our college and students make all our achievements possible.

This is an exceptionally exciting time for the Fogelman College, with so many new initiatives underway. We are honored to share our recent accomplishments and future plans with you as we position ourselves for years to come. While pursuing these exciting initiatives, our goal remains the same — to transform the lives of our students and those we serve in our communities with the power of education, professional development and opportunities for growth and success. Thank you to the Memphis community for all your support and your continued contributions to the Fogelman College of Business & Economics.

Gregory W. Boller, PhD Interim Dean and Associate Professor of Marketing Fogelman College of Business & Economics
“We are confident that the new Fogelman College complex will be the envy of elite business schools across the country.”
2 FOGELMAN FOCUS
“This is an exceptionally exciting time for the Fogelman College, with so many new initiatives underway.”
– Dr. Gregory Boller
UNIVERSITY OF MEMPHIS 3
4 FOGELMAN FOCUS

For these scholar-athletes, that “feeling” encompassed much more. The atmosphere and culture at Memphis captivated them, yet they grounded their college decision on concrete factors of programming, curriculum and reputation.

Each embarked on varied paths that led to the Fogelman College of Business & Economics. For most, a coach was the first to introduce them to Memphis, showcasing an NCAA Division I program that offered a chance to pursue their passion in sports. Coaches scouted attributes to build their athletic programs — leadership, tenacity, fearlessness, resilience — the same characteristics that proved not only virtues for their teams, but also assets to Fogelman College.

In fall 2021, more than 400 athletes across 19 sponsored sports committed to play at the UofM. Among those athletes, 37% chose business as their major. That’s more than twice the number of UofM student-athletes studying any other major.

These five stellar students shine as brightly on the field, track and court as they do in the classroom at FCBE. Their journeys are as unique as the student body itself.

Sometimes what draws you to a place can only be described as “a feeling.”
UNIVERSITY OF MEMPHIS 5

MADISON STOKS

BBA

Marketing Management with a Minor in Social Media

MA

Journalism and Strategic Media

Women’s Soccer,

FCBE Marketing and Communications Associate

Member

-
’21,
Marketing/
’22,
-
2018-22 -
- MILE
6 FOGELMAN FOCUS

Madison Stoks Makes the Goal

Sipping a steaming cup of black coffee, Madison Stoks basked in the tranquility of the morning sunrise, settling into a rare moment of calm before tackling a jam-packed day. Perhaps she was reflecting on childhood memories of snowboarding near her hometown in Minnesota, or envisioning a particularly powerful assist in her last soccer match. More likely, she was studying her detailed day planner, her lifeline to organize a day that begins with 5:15 a.m. practice and continues long after class ends at 8:30 p.m.

Stoks can hardly recall a time when she wasn’t batting a soccer ball between her feet, while juggling a heavy load of responsibilities. Maybe, that’s why, still today, she manages all her tasks with optimism, focus and aplomb. She’s had a lot of practice, in all manners of speaking.

Among skills Stoks mastered, the most enduring was adaptability. She persevered with her studies, maintaining high academic standards, while having to move to multiple residences in high school. Meanwhile, she competed on her high school varsity team and in a competitive club soccer league. In trying times, she found soccer to be her grounding force, providing consistency. The rigorous schedule of practice and games offered the structure she needed and taught her to develop work/life balance at a young age.

Soccer also became the force that led her to Memphis, a city that was not in her sights until the women’s program offered her an athletic scholarship. She felt immediate comradery with the team and was intrigued by the opportunity to live in a different part of the country, experience a warmer climate and, ultimately, obtain the means to reach her lifelong goal: becoming the first in her family to graduate college.

As one who landed on the academic honor roll, dean’s list and the American Athletic Conference (AAC) All-Academic Team, Stoks made the most of her time as an undergrad at Fogelman. She hit the ground running, knowing from day one that marketing would be her career calling. She saw in other businesswomen, her aunt in particular, the traits she herself holds — being task-oriented and goal-driven. Stoks knew she could best apply those skills to strategic marketing.

One of her mentors, former FCBE marketing director and professor Mary Masters, agrees. Masters saw how the talents Stoks honed on the field applied well to business.

“Her training in athletics led her to be agile and fearless in trying new things. She had the foundation of understanding strategies and making them happen,” said Masters, reflecting on the year Stoks served as her intern.

Ever ambitious, Stoks made the most of opportunities at hand, by entering the highly selective MILE mentorship program and landing several professional connections. Head coach Brooks Monaghan is not surprised by Stoks’s success. “Maddie is very focused and driven,” said Monaghan.

“She possesses a positive mindset and is not afraid of a challenge. She is absolutely a team leader that provides the spirit and essence of what it is to be a Memphis women’s soccer player. She is a proven winner who shows that you only get rewarded when you work hard and give extra effort, without expecting anything in return.”

Indeed, her work ethic was duly rewarded in December 2021, when she reached the culmination of her collegiate goal: graduating magna cum laude with a BBA in marketing management and a minor in social media marketing. Stoks could hardly contain her emotion that day, knowing that her hands grasped more than her diploma; as a first-generation graduate, she also held the pride of her entire family.

Such a momentous day would prompt most people to hang their cleats and mortar board, satisfied with a successful college career. But not Stoks — she keeps charging toward the next goal. After the pandemic halted NCAA play in 2020, Stoks accepted the extra season of NCAA eligibility and seized the opportunity to obtain a master’s degree. Now, Stoks is on track to attain her MA in journalism and strategic media. Proving, once again, this scholar from Shakopee, Minn., knows how to play the long game.

I had a genuine sense that we were a family. Madison Stoks, BBA ’21, MA ’22 UNIVERSITY OF MEMPHIS 7

Kayode Oladele Finds Home Turf

After one of his weekly video chats with his mother, Kayode Oladele closed out the call feeling more centered and focused. Though separated by an ocean, on a continent 6,000 miles away, his mother’s reassurances bring him home. Her voice replays daily in his mind, almost as a kind of mantra, “Education is power. Believe in yourself, no matter what. Take advantage of opportunities. Be strong. Be independent.”

He takes her words to heart and puts them into action.

Tackling challenges head on comes naturally for Oladele. From the time he left his home country of Nigeria in 2015, he’s faced obstacles directly and with purpose, developing the strength and fortitude he’d need to become the defensive lineman and outstanding scholar he is today.

Though he’s now a force to be reckoned with on the field, Oladele hadn’t dreamed of playing football. In Lagos, Nigeria, basketball is the reigning sport, and he and his friends were kings on the court. Oladele stood out at 6’5” tall and 250 pounds and was recruited to play high school basketball in Miami, Fla. His Nigerian family are farmers and tradesmen, but his parents and five siblings encouraged him to follow in the footsteps of his older brothers who obtained advance degrees abroad, in the U.S. and Australia. So, at age 16, Oladele left home to continue his education in a new country.

Once in Miami, it wasn’t long before high school coaches noted Oladele’s physicality and talent and introduced him to American football, a sport completely unfamiliar to him. Undaunted by the fact that he was adapting to a new culture, a second language and a host family, he fearlessly took on the challenge of a new sport and became an immediate success.

After leading his Miami high school football team to a state championship, Oladele was recruited by several Southeastern Conference teams. Because he attended two different Miami high schools, his eligibility requirements meant he would need to redshirt in a different conference. Obinna Eze, a friend and fellow basketballer from Nigeria,

played football for Memphis and suggested Oladele consider the Tigers. After a persistent UofM coach gave Oladele the sense that the Memphis team would offer community and family, the deal was sealed.

“KO has overcome much, but when facing obstacles in an unfamiliar environment, he still lets his light shine,” stated UofM defensive line assistant coach Kyle Pope. “Long days of balancing football early and grinding out classwork at night, KO has been an asset by just being an example.

On the field and in life, Oladele proved to be as agile as he is focused. He entered the UofM pursuing a degree in theater. Yet when show rehearsals began to conflict with football practice, Oladele pivoted and reflected on his natural skills in academia. He’d been successfully managing his finances independently, so he knew that industry may suit him. Once in the finance department, Oladele regularly made the dean’s list and the AAC All-Academic Team. He scored a summer internship at Keller Williams Realty, which prompted him to refine his focus, declaring finance real estate as his major. All his instincts and diligence paid off, graduating summa cum laude with a 3.8 GPA in spring 2022.

So, it seems, Oladele’s mother’s inspirational words have, indeed, manifested in her youngest son. As Coach Pope aptly expressed, “Life has been a 4th quarter mindset for KO. He sees no other option but to give it his all and win.”

Coming to an unfamiliar place, I found community and lifelong friends. Kayode Oladele, BBA ’22 8 FOGELMAN FOCUS
KAYODE OLADELE - BBA ’22, Finance Real Estate with a Minor in Theater - Football, 2018-22 UNIVERSITY OF MEMPHIS 9
MIKE BYLSKI - MBA ’24 - Coed Cheer, 2021-present 10 FOGELMAN FOCUS

Mike

A Spirited Career

Association (UCA) national competitions. In 2019, his small Division I coed cheer team made it to finals, finishing in ninth place. But throughout the competition, Bylski had his eye on the team who took home the title, the University of Memphis. When the Tigers became UCA National Champions again in 2020 and 2021, Bylski pinned to his vision board the dream of securing a spot on the Memphis team.

Bylski received a BBA in marketing and economics from WMU, and spent the next few years working cheer events, coaching stunt clinics and saving money. Yet, his sights remained set on Memphis.

In 2021, head cheer coach Tony Crump, offered Bylski an opportunity to try out for the UofM. Hoping to prove his commitment, Bylski drove 12 hours to try out for Crump in person instead of merely submitting a skills video. His dedication worked. Crump invited Bylski to join the squad. Seeing what he could accomplish by applying himself to sports led him to strive to accomplish more in academics. As an MBA grad student at Fogelman, Bylski made the dean’s list his first semester.

M ike Bylski is an athlete who prefers to be sidelined. On the sideline is where he best displays his athleticism.

Bylski is a Tigers cheerleader.

Back in Grosse Pointe Woods, Mich., a teenaged Bylski was more often found in the center of the field, as defensive lineman and captain of his high school football team. He also played trumpet in the school concert band, jazz band and symphony orchestra.

It wasn’t until Bylski was a junior at Western Michigan University that he considered cheer as a sport. When Bylski entered college and stopped playing football, he focused on his health and fitness, shedding the excess weight that had once benefitted him as a defensive powerhouse. No longer the size of a lineman, but an even more fit athlete, Bylski sought a new outlet. He missed the leadership and discipline sports provided. So, when a classmate who cheered for WMU suggested he try out for the squad, he took the leap. Little did he know that day, he had just found his life’s passion.

Though he loves bolstering team spirit at games, Bylski finds greater fulfillment at Universal Cheerleaders

Besides being a member of the winning culture at the UofM, the city itself held an opportunity he coveted: to work at the Memphis headquarters of Varsity Spirit, a worldwide leader in cheerleading, apparel and competitions. By ambitiously networking cheer events, Bylski made inroads with Varsity Spirit and secured a position as a Varsity Spirit Customer Service Specialist. Now he’s cheering for the UofM — and for the flexibility of the Fogelman MBA program — as he works full time while taking online courses at night.

Bylski
I wanted to be part of a winning culture. Mike Bylski, MBA ’24 UNIVERSITY OF MEMPHIS 11

Elizabeth

Volleys Her Way to an MBA

She liked its proximity to her family in St. Louis, the flexibility of the Fogelman Online MBA program and the fact that Memphis wanted her on their team as soon as January 2021. She knew her experience and skill set would allow her to become a team leader. With a BBA in finance and a BS in human resources in hand, Orf headed down to the Bluff City.

Head coach Sean Burdette, head coach, praised how quickly Orf established her role on the team, stating, “She came into Memphis with a lead-by-example mentality and set a high bar for leadership in our program. She gave everything she had every single day. Her tenacity and competitiveness made a large impact on and contribution to our team.”

Enjoying the breeze rush through her auburn hair, Elizabeth Orf drove the long way home with the windows down, listening to her favorite country tunes. She was allowing herself a moment to just breathe after a long morning of practice, strength conditioning and shoulder rehab. She had been training from 7 a.m., to 1:30 p.m., and now it was time to reset and begin courses and homework.

Managing long days and tight schedules was nothing new to Orf, who has balanced being a highly focused scholar and dedicated athlete all her life. She began playing volleyball in fifth grade when coaches saw a future star in her tall frame. She reached 6’3” by the time she was 14 years old.

Her talent proved an equal match to her height, and college coaches started recruiting Orf from her high school team and club volleyball league. Before she graduated Villa Duchesne School in St. Louis, Mo., she had set the high school career kills record in volleyball. Her sophomore year of high school, Orf signed with Marquette University in Milwaukee, Wisc.

At Marquette, Orf was thrice named to Big East AllAcademic Team, played in three NCAA tournaments and made the Sweet 16 in 2018. In the midst of a highly successful college career, the pandemic abruptly halted her final season. If a silver lining could be found, it was that she graduated college with eligible seasons of NCAA play remaining. Ambitious Orf saw this as an opportunity to continue volleyball as a grad student and fast-tracked her plans to get her master’s degree.

By choosing the right business college, one which also offered an athletic scholarship on another DI team, she calculated that she could obtain her MBA by age 23, debtfree. As she weighed her options, Memphis quickly became her top choice.

In 2022, Orf wrapped up her volleyball career and scored her MBA. But she did not leave her love for sport behind. Last spring, Orf obtained an internship with the firm XPG Recruit in their athlete department. Her new position seamlessly melded her athletic and academic credentials. XPG formed a department recruiting athletes for industries, because one who hires former college athletes knows their new employees are motivated, goal-oriented, coachable, resilient and fearless critical thinkers. After all, those are the attributes the company found Orf perfectly embodied. XPG offered Orf a full-time position upon her graduation.

Orf
I immediately felt connected and knew I could make an impact. Elizabeth Orf, MBA ’22 12 FOGELMAN FOCUS
ELIZABETH ORF - MBA ’22 - Women’s Volleyball, spring and fall 2021 UNIVERSITY OF MEMPHIS 13
HUDSON HURST - BBA ’25, Finance - Men’s Cross Country / Track, 2021-present 14 FOGELMAN FOCUS

Hudson Hurst On Track in Business

Prior to touring campus his senior year of high school, Hurst’s only views of Memphis were from a car window, when he traveled to town for tournaments with his club soccer team. He was eager to set foot on campus and see what Memphis had to offer. Knowing Hurst was expressly interested in business studies, the athletic department arranged a tour of Fogelman. Hurst was as impressed by the business school as he was by the coaches, and committed to the UofM.

Adapting to college came as a challenge, but a familiar one to Hurst. His junior year of high school, a time when he had comfortably fostered a lifelong friend group, his family moved from the Chicago area to Franklin, Tenn. He now sees that transition as training ground for settling into campus life at Memphis. Having an instant connection by being part of the cross country team further eased his transition.

In addition to his coaches and teammates, the staff at Fogelman also helped the freshman adjust to college. Hurst credits accounting instructor Philip Babin for taking the time to ensure he really absorbed the material and providing a broad perspective of business opportunities outside of class. Although Hurst knew he wanted to major in business as early as his freshman year, Babin helped him further understand how a business degree can be the starting line toward a myriad of fields.

Hurst hopes to apply the work ethic he learned on the track and trails to a career in finance. Before he leaves Fogelman, he also aspires to participate in the Crews Center for Entrepreneurship program.

Kicking up dust as he runs along wooded trails, teammates by his side, Hudson Hurst feels grounded in all senses. Peaceful. Content. Even when called to train before dawn. Rather than being drudgery, Hurst finds these long runs are a time to chat with his running buddies or simply to clear his mind and plan his day.

Though having played competitive soccer since age eight, Hurst became drawn to the sport of running, because he is steadfastly goal-oriented and enjoys competing against his own best times, setting a new bar after each meet. He knew he wanted to run on a college team and contacted coaches at universities when he began his college search. Memphis was immediately welcoming and receptive.

Assistant coach Kenneth Frenette saw Hurst as an asset to the team, saying, “I have found him to be coachable and a positive member of the program. I see a bright future for him on the track and trails.”

I felt like they really cared, that I was not just a number.
Hudson
Hurst,
BBA ’25 UNIVERSITY OF MEMPHIS 15

RISEON THE

In spring 2020, the world turned upside down. We experienced a global pandemic and then one national crisis after another. Hardly anyone was prepared for the fallout that would ensue. Almost every industry was impacted. Higher education was no different. For a myriad of reasons, enrollments dwindled. Universities were forced to make furloughs, layoffs, reductions in force and some even closed their doors.

Fortunately, the University of Memphis stymied many of these unfortunate occurrences. Thanks to the keen insight of our University’s leadership team and unrelenting dedication of our faculty and staff, we pivoted quickly and were able to adjust to the changing times while remaining committed to the needs of our students.

The Fogelman College of Business & Economics (FCBE) rose to the challenges. We worked tirelessly to make sure that our current students’ academic experiences remained undeterred. Moreover, we made major advancements in our recruitment methods and attracted new audiences to our programs.

2021 to spring 2022 with our MSIS and MBA programs welcoming the majority of these new students.

“Business is global. As such, we invite students from across the world to apply to our programs,” said Dr. Balaji Krishnan, vice provost for Global Initiatives. “Having students from different cultures interact on projects and assignments increases their emotional quotient and cultural IQ. These are critical success factors in today’s business environment.”

“FCBE attracts students because our high quality undergraduate and master’s programs are offered fully online, onground and priced competitively,” said Dr. Gregory W. Boller, FCBE interim dean. “Moreover, our programs have been highly ranked by U.S. News and World Report. In 2022, our online BBA program was ranked No. 30 and our online MBA program No. 42 nationally.”

As such, we continued to see a steady rise in FCBE’s enrollments despite unprecedented circumstances in, what can only be called, challenging times. From fall 2020 to fall 2021, we increased our overall enrollment from 3,511 to 3,554. More impressively, we were able to grow our international graduate population by approximately 82.5% from spring

At FCBE, we will continue to adopt new methods, add new faculty and incorporate new technologies to ensure that we accommodate our growing business school population. Our goal is to keep propelling upward — in enrollments, teaching quality and academic experiences.

“Business is global. As such, we invite students from across the world to apply to our programs.”
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UNIVERSITY OF MEMPHIS 17

BETTER BUSINESS

BUILDING A SCHOOL

For decades, the Fogelman College of Business & Economics (FCBE) has been recruiting, educating and cultivating the best and brightest. Our 30,000+ alumni have made a great impact in their business communities, and our faculty have made invaluable advancements in their fields of study. While we are extremely proud of our exemplary history, our physical location — specifically, our building — does not reflect the forward-thinking, innovative and collaborative vision of its tenants.

The State of Tennessee and our supporters agree that it is time for change. We recently received confirmation that the state has allocated $25 million towards a major renovation to transform our current business school buildings into a state-of-the-art academic and research

center. In addition to these funds, aspire to raise an additional $35 million in donor funding to supplement this dramatic physical transformation.

One of the major benefits of the future building renovation for FCBE will be its ability to connect our students to each other, our faculty and our campus alike. We want to create a space where students are excited to learn, meet and socialize.

“A dedicated study space in FCBE would allow students an opportunity to study and meet new friends that have either taken or are currently taking similar courses. Studying in the library is nice, but having a dedicated space in FCBE would allow students to connect in a way a library can’t provide. It can also serve as a ‘meet-up’ spot for those getting to class early. Food and beverage

options would also be beneficial, as the walk to the UC from FCBE isn’t exactly a minor commute. I’m positive that this would improve all FCBE students’ college experience,” said Thomas Valdescaro, a junior accounting major.

Not only will the new building uplift FCBE internally, but it will also bring numerous benefits to our local community. With our executive lecture series, training workshops, business community panels, career fair, awards programs and other activities, we aim to support the current and future needs of our students and faculty. Providing a comfortable, spacious and attractive event and meeting space is imperative to the success of our programs. We want our building to have a professional appearance that mirrors that of our exceptional education programs.

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COLLEGE

PAST, PRESENT & FUTURE

The new Robert and Avron Fogelman Business Complex will help us to better produce innovators, skilled employees and leaders. By developing highly trained students who enter the workforce, we encourage businesses to relocate to the Memphis area and promote existing businesses’ expansion.

“Improving the business school helps the City of Memphis just as the City does the same for the business school. You do often think about how both have continued to thrive together. This investment needs to be seen as a real opportunity,” stated Michael Cook, founder and CEO of Memphis-based SouthernSun Asset Management.

“The FCBE modernization project provides an unprecedented opportunity for alumni and friends

to invest in the future of the college.

A state-of-the-art facility that meets the evolving needs of students and faculty is vital to the growth of the college,” said Joanna Curtis, vice president for UofM Advancement. “To anyone who is interested in ensuring that tomorrow’s business students have an outstanding educational experience, or in meeting the workforce development needs of businesses in our city and region — now is the time to invest.”

While there are numerous positive implications of this future renovation,

These renderings are preliminary designs and are subject to change.

ultimately, we believe that it will allow us to more aptly compete with other elite business schools in the country.

We are excited for this opportunity and invite you to be a part of the process. For more information on how to get involved, contact FCBE’s Director of Development Michele Sides at michele.sides@memphis.edu

FOGELMAN
OF BUSINESS & ECONOMICS
PAST PRESENT FUTURE UNIVERSITY OF MEMPHIS 19
20 FOGELMAN FOCUS

Real Experience Using Real Money

A pioneering initiative of real-world investment experience is forthcoming this fall.

The Fogelman College of Business & Economics Student Managed Investment Portfolio (SMIP), which launches in fall 2022, will implement academic rigor and a more hands-on practice of data analytics, equity re search, trading, valuation predictions and machine learning. Our Depart ment of Finance, Insurance and Real Estate (FIR) will be involved in teach ing the initial courses and guiding and executing all portfolio buy and sell decisions within the new brokerage account.

Over 7,000 listed firms and 7,600 exchange traded funds will be at the fingertips of our students through Wharton Research Data Services and company-specific risk premium programming. The acquired data management skills will aid students to sort, screen and narrow down potential investments to a top-hundred list of candidates. Each company in

this list will be assigned to a group of two students, where one will act as the plaintiff, analyzing its risk, and the other as the defendant, who researches the potential reward. “This student managed investment portfolio will have more flexibility because it’s internally driven and students can propose to get guidelines changed,” explained FIR department chair Dr. Pankaj Jain.” At semester end, similar to a court ruling, the plaintiff and defendant will propose their detailed findings to the jury, made up of the FIR advisory board, SMIP members and donors. Upon the jury’s decision, the winning student will get to buy or sell the proposed trade under faculty supervision.

This flagship program is an inviting initiative where students, staff, faculty and donors work collaboratively with a technically advanced learning environment in mind. As some initial funds have already been secured, FCBE is striving to obtain $250,000 before fall 2023.

“Being involved in an investment club when I was in graduate school was one of the most effective ways to synthesize what I was learning in the classroom with real world experience,” noted Mark Christopher, a partner at Hg Capital. “I am really excited to be involved with this opportunity and be lieve this is a powerful way to enhance the student experience.”

Assuming sufficient earnings, up to 4% of the fund’s capital will help to create a means for student scholarships, faculty mentor stipends, research and performance awards, auxiliary services, subscriptions and data expenditures, travel and research conference expenditures and association memberships. Above that 4%, further SMIP earnings will be reinvested back into the endowment to promote further growth and offset any losses in prior years.

To learn more about how to support the Student Managed Investment Portfolio program, scan the QR code.

UNIVERSITY OF MEMPHIS 21

COLLEGE & CAREER READINESS

AVRON B. FOGELMAN

CENTER

College and career readiness programs are more vital now than ever for students. According to the National Association of Colleges and Employers, “career readiness plays an important role in sourcing talent, providing a means of identifying key skills and abilities across all job functions; similarly, career readiness offers employers a framework for developing talent through internship and other experiential education programs.” With the scope of college and career readiness changing over the last two years, it is critical that the Avron B. Fogelman Professional Development Center (PDC) provides the tools and resources necessary for student success and adaptability in the ever changing job markets.

Through our programming and workshops, we aim to ensure that all FCBE students are Educated, Healthy, Polished, Ethical and Community-Oriented.

The PDC offers an array of workshops and programs, both on campus and virtually, through our Complete Professional Program (CPP). To name a few, this program encapsulates Persuasive Presenters, Supply Chain Academy, Accounting Careers of Tomorrow, Futures in Finance, Technology Careers in Business and Fogelman Women in Leadership. We also offer resume building, mock interviews and LinkedIn workshops throughout the semester to ensure that our students are polished and prepared for our fall and spring internship and career fairs.

Research shows that there are significant gaps between classroom knowledge and career skills. The CPP aims to fill those gaps and aid our students with a smooth transition from FCBE to their future endeavors.

“The Professional Development Center provides amazing benefits to our business students,” said Dr. Gregory W. Boller, interim dean of FCBE. “The PDC programs and partnerships allow our students opportunities to develop and refine essential communication skills and engage with the business community outside of the typical classroom setting. Our goal is to cultivate the next generation of business-ready professionals, and the PDC is critical toward helping us accomplish this goal.”

PROFESSIONAL DEVELOPMENT
CULTIVATING 22 FOGELMAN FOCUS

PDC Partnership Program

Making its debut in spring 2020, the PDC Partnership Program was developed to provide innovative experiences that enrich career readiness and prepare our students to contribute to an organization’s success. The PDC Partnership Program connects employers to options that promote their organization, engage with our student population and, design and implement special events and programs. It also offers customized options for companies that focus more on the recruiting process of top-tier Tiger talent and diverse candidates.

“The PDC partnership program is important to AutoZone because it gives us more opportunities to connect with Tiger talent,” said Caroline Jernigan, university relations specialist for AutoZone. “I’m able to personally interact with FCBE students and make organic connections.”

Catherine Duncan, human resources and operations manager for Reynolds, Bone & Griesbeck, agreed. “The PDC Partnership Program has strength ened our engagement with potential candidates because it provides us an opportunity to meet and engage with these students in smaller group settings.”

“We get to go to the classroom, talk about our careers and meet potential candidates,” said Daniel Vandersteeg, financial advisor and sales manager for Strategic Financial Partners. “We get to set up on campus, even when it is not a career fair day, and we get to meet students as they are going to class. We also have different relation ships with staff and teachers. Because of our partnership, we feel like we’re at the top of the list and we’re

getting to meet great candidates.”

The PDC Partnership Program membership lasts for a full year and the support fee is tax deductible. We invite employers to select engagement packages or stand-alone options that will best fit their organization’s needs. We appreciate our partners’ commitment to the career development growth of FCBE students and for helping us prepare them for the workplace.

Help us build tomorrow’s workplace as we assist students in starting their successful career in the Shelby County and greater Memphis area. Supporting student career development not only assists your organization’s talent acquisition plan, but it also helps to strengthen the Tiger talent pipeline in our region. As of spring 2022, the PDC has established over 20 partners and we are striving to increase that number in the coming years.

For additional information about the PDC Partnership Program, contact Marja Martin-Carruth at mnmartin@memphis.edu.

Hire Fogelman Students Is your company looking for bright new recruits? The knowledge runs deep with FCBE students who bring bright minds and fresh learning to your business. memphis.edu/professional PDC SPONSORS & PARTNERS AS OF MAY 2022 • Amazon • Ashford Advisors • AutoZone • Bank of America • C.H. Robinson • CAT Global • Cintas • Cummins • Enterprise • First Horizon Advisors • HHM • International Paper • Northwestern Mutual • Orion • Princeton Review • Regions Bank • Reynolds, Bones and Griesbeck PLC • Sherwin-Williams • Smith+Nephew • Telarray • UMRF Ventures • Waffle House • Watkins Uiberall UNIVERSITY OF MEMPHIS 23

TESTIMONIALS STUDENT

Laura Cagle – BBA in Accounting, Class of 2022

The Professional Development Center has been an absolute gamechanger for me. As a nontraditional student going back to school at the age of 40, I felt a little insecure and out of place on campus. The PDC gave me a sense of family, a sense of belonging and a feeling of accomplishment that is just unmatched. I am truly grateful for this experience.

Logan Waters – BBA in Management, Class of 2023

The Professional Development Center has truly helped me to develop good business habits. For example, the dining etiquette, mock interviews and persuasive presenters workshops were especially impactful. These opportunities fine-tuned my skills and prepared me for the business and leadership realm.

Krunal Pardasani –MSIS, Class of 2023

The Complete Professional Program really helped to sharpen my communication skills. It helped me to become more persuasive and presentable. I feel much more confident in my business acumen.

Kiana Eubanks – BBA in Management, Class of 2023

When I arrived at college, I was very nervous about entering the business world. Then I joined the Professional Development Center, and I was able to learn about countless internship opportunities. The PDC is a great way to gain real-world experience that employers value post-graduation.

Jamel Robinson – BBA in Accounting, Class of 2022

I liked all of the PDC workshops because I’ve learned so much, but the ones that stand out most were the resume and interview workshops. I learned that the resume gets you the interview, and the interview gets you the job. The job market is so competitive and knowing what to do before, during and after an interview can really help you stand out.

PDC FACTS & FIGURES Source: Avron B. Fogelman Professional Development Center (December 2014-May 2022) 19,546 Students Coached 7,318 Resumes Approved 3,229 Students Placed in Internships & Full-time Positions 947 Employers Engaged
24 FOGELMAN FOCUS
FCBE EXECUTIVE TRAINING WORKSHOPS Professional development opportunities specifically designed for current business professionals. FLEXIBLE HOURS Online and face-to-face programs, developed by FCBE faculty for busy professionals AFFORDABLE RATES Competitive price points | $450 per 4-hour session Email wlbdwell@memphis.edu | 407.716.4799 memphis.edu/fcbe/exec_training The University of Memphis is an Equal Opportunity/Affirmative Action University. It is committed to the education of a non-racially identifiable student body. UOM697-FY2122 Relevant Creative Personalized Learning KEY TOPICS Analytics, change management, DEI, high-performing teams, talent management, negotiation and leadership NO APPLICATION REQUIRED Quick and easy, sign up on website Take advantage of this incredible professional development opportunity! UNIVERSITY OF MEMPHIS 25

Getting MORE

What is experiential learning?

Types of experiential learning in innovative business colleges today:

and Global Experiences

Embedded Experiential Learning Projects within Classes

Service Learning

Students enter their college journey with goals and plans, but they often find it difficult to engage despite a host of opportunities. The new MORE program was developed to help encourage students to reach their full potential through experiential learning.

Engaging

Development

What is MORE? MORE is Maximizing Opportunities through Resources and Experiences

Employers today want student candidates to have well-rounded experiences that will help them lead projects, thrive in diverse environments, understand their career path and engage global team members. Through experiential learning, students learn these important concepts.

International and Global Experiences

FCBE has expanded its international education and global experiences to include faculty-led academic programs such as the international management program in Volterra, Italy, this past spring. This year’s study abroad group was highly diverse — comprised of undergraduate, MBA and international students who represented more than six different countries of origin. These 25 participating business students learned the inner workings of Italian businesses from CEOs of selected organizations. For many of these students, this was their first experience out of the country and their cross-cultural learning opportunities were plentiful.

”It sounded crazy to take this journey with 24 strangers, but it turned out to be the best experience of my life. Now, we feel like family. Taking the international business course in Italy has been the best decision of my professional career so far. My global awareness and cultural agility have increased and, thanks to this, I feel much more prepared to succeed in a global career. Programs like this are truly life-changing.”

“The study abroad trip in Volterra was a once-in-a-lifetime experience and it expanded my cultural awareness. As a result, I am equipped to make a positive impact at the University of Memphis and in the workforce upon graduation.”

Silvia Gonzalez, MBA ’22 Evan Lockhart, Finance major,
’23 International
Leadership
Career Exploration 26 FOGELMAN FOCUS

In addition to short-term global experiences, students can choose to dive deeper into cross-cultural learning by interning abroad. Three students: Kayla Brooks, Anna Pharr and Stephen Ogle, all were accepted into strong internship experiences in Dublin, Ireland, for the summer of 2022.

Thanks to generous donors, students can apply for scholarships to help with travel expenses and living expenses abroad to help make the learning experience feasible.

What about students who cannot travel to another country?

FCBE is developing partnerships with universities across the globe for Collaborative Online International Learning (COIL) projects. These types of projects will allow students to engage with peers around the world. The first inaugural COIL project was with Coventry University in Coventry, England, and Dongguk University in Seoul, South Korea. More than 125 students worked together on an interactive project, assisted by industry partner International Paper. Students received a COIL certificate and developed a broader global perspective.

Engaging Career Exploration

In its inaugural year, MORE sponsored several opportunities for students to explore career paths, including:

Tomorrow’s Business Professionals

Students and employers met to explore career interests, goals and to hear from business professionals about their career paths. UofM football head coach Ryan Silverfield spoke to students about the importance of “developing a plan and working the plan for success.” These engaging workshops, which are targeted to sophomores, help encourage students to embrace their career paths and become more connected within the college.

Discipline-specific Career Development

Through the Accounting Careers of Tomorrow (ACT) program, hosted by Reynolds, Bone & Griesbeck (RBG) and the HR Academy program, students were able to spend a day engaged with professionals in their fields to learn more about a “day in the life.” The ACT program

is a collaborative effort at RBG’s corporate training facility where accounting professionals engage to help students learn more about career path options. HR Academy allows students to hear from HR practitioners on designated topics such as learning and development (presented by Cintas and International Paper), as well as employee relations (presented by AutoZone and Smith+Nephew). These programs offered students the opportunity to hear and execute HR best practices by participating in case study reviews with employers.

Leadership Project. Student surveys indicate that the “hands-on” experience gained throughout these projects provides innovative learning for students and a unique addition to other curricular assessment options. Service-learning projects are on the agenda for 2023, where students can engage with a local nonprofits as part of an academic assignment.

Leadership Development

To expand leadership development, Fogelman Women in Leadership was created to connect women business leaders with FCBE female students. This program meets monthly to discuss leadership skills and best practices in the workplace. A key highlight to the program is an annual conference, sponsored by CH Robinson. Collaborating partners for the annual conference are the Avron B. Fogelman Professional Development Center and the Center for Workplace Diversity and Inclusion. Female students leave the conference feeling inspired and confident about becoming highly effective leaders of tomorrow.

Company Tours

A key part of exploration is “being in the room.” One of the key benefits for students is to see first-hand company culture and to learn about product offerings, global challenges and marketing opportunities. This past spring, Smith+Nephew offered “Explore Smith+Nephew,” a dynamic tour of the medical device industry which included lunch with professionals and engaging dialogue.

Job Shadowing

This program is currently in development and will allow students who have prepared through MORE offerings an opportunity to have a structured job shadowing experience with participating employers.

Embedded Course Projects and Service Learning

To expand upon traditional learning in the classroom, experiential learning projects have been added to help students “learn by doing.” By bringing projects with community partners into the curriculum, students can explore more about their discipline and connect with professionals in both nonprofit and for-profit fields. Current projects include an Employee Wellness Fair and the Community

The MORE program works to develop confidence in students as they begin their career development process. Working as a pathway or “feeder” to the Avron B. Fogelman Professional Development Center, the goal is to provide MORE experiences so that students leave FCBE MORE prepared and MORE connected to future career options.

FCBE’s signature mentoring program, Memphis Institute for Leadership Education (MILE), gives students the opportunity to align with employer mentors for a yearlong mentorship experience. This unique program is in its 15th consecutive year and has benefitted from committed Memphis-based mentors to help students learn more about their leadership journeys. Dr. Kurt Kraiger, MILE executive director, works to create an engaging program for students and mentors. For more information on MILE, contact Dr. Kraiger at kkraiger@ memphis.edu

For additional information on the MORE program and experiential learning opportunities, contact FCBE Experiential Learning Director Dr. Kathy Tuberville at K.Tuberville@memphis.edu.

Lorry Prophet, MORE student & Smith+Nephew Intern
UNIVERSITY OF MEMPHIS 27

Carnegie R1 Top-Tier Research Status Bolsters Business College

When the University of Memphis achieved the Carnegie R1 designation as a top-tier research institution, the entire campus celebrated this prestigious recognition, as its ripple effects permeated the entire University, including the Fogelman College of Business & Economics.

Achieving this milestone places UofM in the same R1 classification held by institutions such as Harvard, Yale and Princeton. It also anchors Memphis as one of two flagship public research universities in Tennessee — UofM in the west and University of Tennessee, Knoxville, in the east.

The Carnegie R1 status reflects several benchmarks: a high level of externallyfunded research grants and contracts produced throughout the University, research expenditures, the number of post-doc and non-faculty researchers employed and number of degrees awarded in four doctoral areas. In the professional discipline category, Fogelman College graduates approximately 13 doctoral students every two years.

Big Thinking

Dr. Jasbir Dhaliwal, executive vice president for research and innovation, appreciates the quality of research generated by FCBE. “I thank the business faculty who bring external funding for their own ideas, securing contracts from Fortune 500 companies, federal grants and international agencies,” stated Dhaliwal. “I encourage faculty to use the Carnegie R1 designation as inspiration to ‘Think Big.’ We have the talent and the capacity to generate cutting-edge ideas that benefit the local community, country and society globally.”

Contributors among FCBE faculty whom Dhaliwal applauds are Dr. Huigang Liang, who holds the FedEx Chair of Excellence in Business Information and Technology (BIT), and Dr. Mark Gillenson, BIT university research professor and associate director of the Systems Testing Excellence Program (STEP), who worked with the U.S. Department of Homeland Security in software testing to inform building customized training programs.

Laws of Attraction

Interim dean of FCBE and associate professor of Marketing Dr. Gregory W. Boller predicts a far-reaching and long-lasting impact of the Carnegie R1 designation within the University as a whole, and Fogelman College in particular. He noted that the R1 designation increases the value of a degree and serves as an impressive recruiting tool.

“Attaining the highest-level classification as a research institution creates an ‘attraction magnet’ that not only draws the best-in-the-world faculty and doctoral students, but also attracts significant business research contracts and further enhances our already outstanding collaboration with public and private sectors,” said Boller. “Donors also have greater confidence in an established source of intellectual capital.”

To gain Carnegie R1 status, the college must originate research, which means UofM students are learning directly from visionary researchers who are creating knowledge. In these instances, the professors imparting new information are, themselves, the primary source.

“Discoveries and new knowledge are being generated at Memphis, across the entire campus, not solely in STEM departments,” affirms Boller.

As UofM continues to position itself to invest in research infrastructure, Dhaliwal and Boller anticipate the University will capitalize on its R1 status to build upon its current upward trajectory of research funding and innovation.

Dr. Mark Gillenson, University Research Professor, Department of Business Information and Technology, Associate Director of STEP Dr. Huigang Liang, Professor, Department of Business Information and Technology, FedEx Chair of
Excellence
28 FOGELMAN FOCUS

Faculty Spotlights

Dr. Pankaj Jain

Chair and Professor, Department of Finance, Insurance and Real Estate

What year did you join FCBE faculty?

2002

Tell us a little about your journey in choosing the UofM as your academic home.

I chose the University of Memphis because of its leadership in market microstructure. Memphis housed NSF-funded ISSM which was the first source of intra-day microstructure data and continues to be listed on WRDS for historical viewpoint. Memphis faculty members Dr. Tom McInish and Dr. Robert Wood started the field of empirical market microstructure with the first paper on the topic in the Journal of Finance in the 1980s. Memphis also housed the U.S. Department of Education-sponsored Center of International Business Education and Research (CIBER), in which I had the

opportunity to serve as the iMBA academic program director. With the latest Carnegie R1 and immense student successes, there cannot be a better academic home for finance faculty.

Upon reflection of any point in your UofM career to now, what do you consider the most significant way in which your research has impacted your industry?

My financial regulation research was recognized by the Securities and Exchange Commission (SEC) in Washington, D.C. This status appointed me as a visiting academic scholar under the Intergovernmental Personnel Act from 2012-14 in the SEC’s Division of Risk, Strategy and Financial Innovation—Office of Markets—to conduct special studies mandated by the U.S. Congress. The economic cost benefit assignments at the SEC ensured that the financial industry could promote capital formation while protecting investors at the same time.

The U.S. Treasury’s Office of Financial Research appointed me as a fellow research principal from 2017-19 to work on inter-agency projects. I volunteered alongside my students to provide research advice in the Commodity Futures Trading Commissions’ Office of Chief Economist.

Has there been a moment in working with a student that either inspired you, elicited in you a sense of pride or where you greatly transformed a student’s life?

I love coaching students inside and well beyond the classroom as I travel with

them to leading global events and inter-university student investment research competitions. I challenge and inspire students to find their passion and excel in their pursuits. FIR undergraduate and master’s students have placed well in national and regional championships and experienced first-hand lunch meetings with legendary investors such as Mr. Warren Buffett. That meeting completely transformed the lives of all students on the team.

What motivates you to continue teaching year after year?

When Memphis students keep learning the depths of finance and winning worldwide interuniversity competitions with their talent and perseverance, they bring home the “Driven by Doing” motto. For example, in spring 2022, UofM finance teams did quite well in these competitions winning the best speaker award in the TVA case competition; beating S&P 500 in the TVA portfolio money management competition; and winning the silver medal in the hedge fund competition, which featured leading top-ranked global business schools ($5,000 award for the students). Additionally, the finance student club won the Financial Executives International bronze medal ($1,500 award). I cannot wait to help the next generation of students joining Memphis in fall 2022.

If you only had one book to read for the rest of your life, what book would it be and why?

I have a long list of books that have helped shaped my principles in life, work and academics. Variety is the spice of life, but the first book has to be the Journal of Finance. It

is a vital resource necessary to keep up with all of the exciting new discoveries happening in the world of finance, insurance and real estate.

Dr. Kristen Jones

Associate Professor, Department of Management

What year did you join FCBE faculty?

2016

Tell us a little about your journey in choosing the UofM as your academic home.

After two years in my first faculty job out of graduate school, I was contacted by the interim dean about an open search in FCBE for an assistant professor of management. I was intrigued by this potential opportunity and flew out for the interview. I had the greatest interview experience, and everyone was so welcoming. Not only that, but I immediately felt like there was a great deal of interest in, and support for, the type of research that I was doing and that really drew me in. It was the best decision I ever made aside from marrying my husband (Dr. Alex Lindsey, also FCBE management faculty).

UNIVERSITY OF MEMPHIS 29

Faculty Spotlights

Upon reflection of any point in your UofM career to now, what do you consider the most significant way in which your research has impacted your industry?

I think the pieces I have published in the Harvard Business Review are probably the best examples. These are short, digestible online summaries of peer-reviewed journal articles. The HBR pieces appeal to a wider audience and reach more folks in the industry, relative to the journal articles on which they are based. I have done a few HBR pieces on topics like the damaging nature of subtle discrimination in the workplace, the harms of protecting women from challenging work assignments, and strategies for supporting pregnant women at work.

Has there been a moment in working with a student that they either inspired you, elicited in you a sense of pride or where you greatly transformed a student’s life?

I am constantly inspired by working with doctoral students. I cannot pin it down to any specific moment, but it has been such a joy to see the transformation and growth in my students from their first semester of graduate school until the time they graduate. I graduated my first doctoral student, Dr. Dave Arena, in 2020 (now an assistant professor at UT Arlington), and my second doctoral student, Dr. Devalina Nag, in 2022 (starting as an assistant professor at University of San Diego in fall 2022). Watching

them move on to their next chapters is so rewarding, and I could not be prouder of them.

What motivates you to continue teaching year after year?

That feeling of making a difference in someone’s life is so rewarding and gives you a sense of purpose.

If you only had one book to read for the rest of your life, what book would it be and why?

Sadly, I don’t do a ton of pleasure reading, but one book that I did read while on vacation a few years ago that really stuck with me was Sharp Objects by Gillian Flynn. It’s crazy and has an amazing twist at the end. It was also made into a limited series on HBO a couple of years ago, which was also very well done.

Tell us a little about your journey in choosing the UofM as your academic home.

I received my PhD in accounting from the University of Mississippi in 1985. I taught at the University of Alabama in Huntsville as an assistant professor from 1984-88; then as an associate professor at the University of Detroit from 1988-90; and, finally, as a full professor at Middle Tennessee State University from 1990-2001.

I have been the ThompsonHill Chair of Excellence and a professor of accounting at the University of Memphis since 2001. I have served a two-year term on the Standing Advisory Group of the Public Company Accounting Oversight Board. I am currently the editor of the Journal of Forensic Accounting Research, one of the journals of the American Accounting Association. And, I was appointed to the Honorary Advisory Panel of the Financial Reporting Council in Hong Kong (December 2019-September 2023).

Dr. Zabihollah

Rezaee

Professor and Thompson-Hill Chair of Excellence, Crews School of Accountancy

What year did you join FCBE faculty?

2001

Upon reflection of any point in your UofM career to now, what do you consider the most significant way in which your research has impacted your industry?

I have published more than 250 papers and 14 books. The focus of my recent books and papers are on “Business Sustainability, Corporate Governance and Organizational Ethics.” Business sustainability, corporate social responsibility and corporate governance have recently gained the attention of policymakers,

regulators, investors, businesses and scholars. Business sustainability is a process of achieving financial economic performance to obtain a desired rate of return for investors (owners) while also achieving nonfinancial environmental, social and governance performance to protect the interests of other stakeholders. These stakeholders include employees, customers, suppliers, communities, society and the environment. The idea is that companies that conduct their business ethically create a good working environment for employees, have higher customer satisfaction and effective governance measures. By complying with rules and regulations and giving back to their communities, these companies leave a better environment for future generations. Ultimately, they will be more sustainable and add to their bottom-line earnings in the long term. As such, my research and books provide policy, educational, practice and research implications for regulators in establishing sustainability reporting and assurance standards; for investors to receive both financial and nonfinancial ESG factors of performance, risk and disclosure in making sound investment decisions; and for companies to tell their success stories in achieving desired outcomes and returns on investments and having social and environmental impacts. My worldview has helped many global institutions and business organizations more effectively balance the profit-

30 FOGELMAN FOCUS

with-purpose mission of generating required financial returns for their shareholders with growing world demands for social and environmental accountability performance opportunities.

Has there been a moment in working with a student that they either inspired you, elicited in you a sense of pride or where you greatly transformed a student’s life?

I have benefited from the support of many individuals, including my father, mother, wife, children, colleagues and students in reaching my teaching and research excellence. Thus, I believe it is my fiduciary duty to be a source of assistance and a good mentor to others — particularly students. It makes me proud when my former undergraduate, graduate and PhD students share their success stories with me. Many of my former students are now professors at universities and partners at accounting firms. Having 10 professional certifications myself, including a certified public accountant (CPA), I have encouraged, supported and mentored accounting students to get their own CPA certifications. I often tell accounting students that “being in accounting without certification does not mean a lot.”

What motivates you to continue teaching year after year?

My teaching philosophy and practice reflects a dedicated commitment to student learning. I often say, “If it was not for students, faculty would not be at the university. And if it was not for faculty, the university would not exist.” Teaching runs in my family as my father was a math teacher and my mom and sister were teachers as

well. I view the university as a community of faculty, students, administrators and staff who are gathered to support learning by creating, disseminating and implementing knowledge. Focusing on shared governance; respect for others; diversity, integrity, honesty and competency in the academic, personal and professional affairs; and a culture of accountability and transparency with keen focus on teaching and research enables us to sustain our Carnegie R1 status.

If you only had one book to read for the rest of your life, what book would it be and why?

The Power of Now by Eckhart Tolle, which guides me to make a smooth transition from “despair to selfrealization.” The Power of Now enables readers “to recognize themselves as the creators of their own pain, and how to have a pain-free existence by living fully in the present.” Accessing the deepest self, the true self, can be learned, he says, “by freeing ourselves from the conflicting, unreasonable demands of the mind and living present, fully, and intensely, in the Now.” I have learned to look at myself in the mirror, learn from my mistakes and look forward in having a safe, healthy, happy and prosperous future while enjoying and having positive impacts now.

BRINGING ONLINE COURSE CONTENT TO LIFE

In

the past year, our instructional media studio has elevated and enhanced the way in which our students engage in class virtually. The renovated studio is now fully equipped with teleprompters, PowerPoint presentation software and video monitors to aid the production of high-quality video and audio recording, digital green screening, live streaming and much more.

FCBE content creator Jordan Red is the one-man band when it comes to all things media production on our campus. Red explains, “The future of the studio will continue to serve as an aid and creative space for our online course content and other Fogelman media needs. Year after year, we want to visually enhance our online course presence to allow for stronger student engagement.”

The studio is readily available to all faculty, staff and partners to help provide a means of promoting programs, effectively communicating events and initiatives, or teaching current students a specific chapter from the course textbook.

QUESTIONS?

Email jred@memphis.edu or scan the QR code below for visual representation of what the studio has to offer.

UNIVERSITY OF MEMPHIS 31

CUTTING-EDGE RESEARCH

At Fogelman College, our faculty takes scholarly pride in producing innovative and influential research. Here is a sample of some of the

journals our faculty members have been published in during the last five years.

IS GOOD BUSINESS TOP ACADEMIC JOURNALS ACCOUNTING MANAGEMENT MARKETING SUPPLY MANAGEMENT Accounting HorizonsAuditing: A Journal of Practice and Theory Entrepreneurship Theory and Practice Contemporary Accounting Research Journal of Information Systems Journal of the American Taxation Association Journal of Applied Psychology The Journal of Applied Psychology Journal of Management Journal of Management Studies Journal of Organizational Behavior Personnel Psychology BUSINESS INFORMATION TECHNOLOGY Information Systems Research Information Systems Journal Journal of Management Information Systems
academic
32 FOGELMAN FOCUS
TOP ACADEMIC JOURNALS MARKETING & SUPPLY CHAIN MANAGEMENT OMEGA: The International Journal of Management Science Journal of Retailing ECONOMICS European Economic Review Health Economics Journal of Economic Behavior and Organization Journal of Human Resources Financial Management Journal of Corporate Finance Journal of Finance Journal of Financial Economics Journal of Financial Markets Journal of Real Estate ResearchJournal of Real Estate Finance and Economics Review of Corporate Finance Studies FINANCE BUSINESS INFORMATION & TECHNOLOGY MIS Quarterly Journal of the Association for Information Systems European Journal of Information Systems Journal of Banking and Finance Review of Economic Dynamics Journal of the Academy of Marketing Science UNIVERSITY OF MEMPHIS 33

Department

Research Enterprise Grant

“The Adverse Effects of the ‘Anticipation of Racial Discrimination’ on Auditors who are Black, Indigenous, or People of Color (BIPOC)”

Drs. Nirmalee I. Raddatz (ACCT) & Kate Sorensen (ACCT)

$30,000

Competitive FCBE

Summer Faculty Research Grant Awards

“Read It in the News: Effects of Corporate Social Performance Upon News Media Sentiment and Firm Financial Performance”

Dr. George Deitz (MSCM)

$7,000

“Beacons to Bacon: Impact of Digital Identity Signaling on Restaurant’s Business”

Dr. Ali Adeli (BIT)

$7,000

“Impact of Special Interest Groups on Information Diffusion in Social Media Platforms – Evidence From Twitter Lists”

Dr. Srikar Velichety (BIT)

$7,000

“A Jury of One’s Peers: The Effects of the Civil Rights Act of 1991 on Jury Trials”

Dr. Jose Lopez (ECON)

$7,000

“The Impact of the U.S.-China Trade War on Domestic and Multinational Companies in China”

Dr. Joonhyung Lee (ECON)

$7,000

“Does Vulnerability to Data Breach Influence Managers’ Disclosure Strategy?”

Dr. Joseph Zhang (ACCT)

$5,000

“Option Implied Volatility Surface Modelling and Prediction with Machine Learning”

Dr. Al Carrion (FIR)

$5,000

“Platform Competition with User Data as an Input”

Dr. Carmen Astorne (ECON)

$5,000

“Data Breaches and Stock Price Crash Risk: Evidence from Data Breach Notification Laws”

Dr. Sabatino Silveri (FIR)

$5,000

“Banks Are No Stranger to Losing Consumer Trust: Can Blockchain Safeguard Consumers’ Financial Information and Rebuild Trust?”

Dr. Nirmalee Raddatz (ACCT) $4,000

Environments Influence Audit Quality?”

Dr. Kate Sorensen (ACCT)

$4,000

Crews School of Accountancy (CSOA)

At their 2022 annual recognition and luncheon, Carnival Memphis honored the accounting industry and the CSOA for contributions made through the many successful graduates of our undergraduate and master’s degree programs.

The CSOA is pleased to announce that Dr. Philip Kunz, graduate of the University of Missouri – Columbia, has joined our faculty. Dr. Kunz has expertise in taxation and will be key in the continuation of our popular MS taxation program.

Dr. Rita Green published “How to Survive a Personal Financial Pandemic.” She was invited to participate as an author in Bookstock, the Memphis Area Authors’ Festival, sponsored by the Memphis Public Library.

presentation was the “Future of Our Electric Power.”

Dr. Kate Sorensen coauthored two papers in the Managerial Auditing Journal, “Upward Feedback Falling on Deaf Ears: The Effect on Provider Organizational Citizenship and Counterproductive Work Behaviors in the Audit Profession” and “The Relationship Between Justice Perceptions and Organizational Commitment Among Alternative Work Arrangement Participants and Non-participants.”

Dr. Zabihollah Rezaee was published in the Journal of Knowledge Management (2021), the Journal of Accounting in Emerging Economies (2022) and the Pertanika Journal of Social Sciences and Humanities (2022).

“Coaching in Remote Audits: How Do Coaching Directives and Remote Work

Dr. Larry Moore’s article “Remembering MLGW History is Critical to Preserving It” was published in the Commercial Appeal on Feb. 21, 2022. Because of the interest garnered from this article, he was invited to be the keynote speaker for the Midtown Memphis Rotary Club on April 12, 2022, at the Southern College of Optometry. The topic of his

Dr. Joseph Zhang published the article, “How Do Auditors Perceive Client Firm’s Technological Competition? Evidence from Going Concern Opinions,” in the Journal of Business Finance & Accounting. He also virtually presented “The Steep Path: How Did KPMG Address Persistent Quality Control System Deficiencies?” to Florida International University.

Dr. Joanna Golden was invited to be a guest speaker for the Memphis Chapter of IMA, addressing how to “Lower The Costs Of Your External Audit.”

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Department of Management

Drs. Kurt Kraiger and Kristen Jones were co-recipients on two grants from the State of Tennessee in the past year. In December, they received a $445,000 planning grant to the University of Memphis to explore individual and community needs to combat poverty through sustainable employment. During the planning grant, Drs. Kraiger and Jones took the lead in identifying the needs of local employers as well as their willingness to identify and support progress towards meaningful career paths for low-income workers. That research was integral in the preparation of a three-year, $25 million grant recently awarded to the UofM by the state.

The Department of Management will begin offering a BBA in human resource management in fall 2022. This degree fits well with faculty expertise and will increase job opportunities in the Memphis area for Fogelman graduates.

The department saw two doctoral students graduate in May and move on to new jobs: Devalina Nag will be joining the faculty at the University of San Diego and Michelle Montague-Mfuni will be joining the University of Richmond.

Dr. Caitlin Porter, in collaboration with Dr. Kristin Cullen-Lester (University of Mississippi) and Dr. Katelyn Cavenaugh (University of Texas M.D. Anderson Cancer Center), received a $9,000 grant from the Society for Industrial and Organizational Psychology for her project “The Impact of Internal and External Visibility on Time to Promotion and Retention of Women in Academic Medicine.”

Dr. Kristen Jones was recently appointed to the editorial board of the Journal of Applied Psychology.

Dr. Kelly Mollica, instructor in the Department of Management, along with co-author Dr. Nicole Coomber (Robert H. Smith School of Business at the University of Maryland), published a textbook, Management: An Interactive Approach. London-based Pearson is the largest textbook company in the world. The Mollica & Coomber textbook will be the first principles of management textbook offered in Pearson’s Revel platform, an all-digital learning experience.

Department of Business Information and Technology

Dr. Srikar Velichety co-authored a paper titled “Impact of Online Fake News on the Equity Value of Social Media Platforms — Evidence from Twitter” in the International Journal of Information Management.

Dr. Yinan Yu published papers in the Decision Support Systems and MIS Quarterly.

Dr. Huigang Liang had three grants funded: “A Sensor-controlled Digital Game-based Approach to Improve Self-care Behaviors Among Adults Diagnosed With Hypertension in a Native American Community” ($691,344), “Enhancing Scientific Research Productivity With Foundation Models” ($13,951) and “Demand Forecasting Model for International Cargo Flights” with FedEx Services” ($10,000). He had articles published in Information Systems Research, the Journal of the Association for Information Science and Technology (JAIS) and Sustainability, among others. He was nominated for the 2021 Best Paper Award by JAIS. Further, he was ranked by AIS as the

No. 5 Information Systems researcher worldwide based on his straight count publications in top-ranked journals over the last 15 years.

Department of Economics

Dr. Joaquin Lopez has been promoted to associate professor with tenure.

Dr. Andrew Hussey was named a research fellow at the IZA Institute of Labor Economics and co-authored a paper titled, “Gender, Co-authorship and Scholarly Production in Economics,” which is forthcoming in Economic Inquiry.

Dr. David Kemme served as co-director of the University’s Data Science Cluster. This spring, he is planning and co-chairing the Cluster’s second annual conference.

Dr. Diego Nocetti, FCBE doctoral graduate of 2006, was recently named dean of the School of Business at Clarkson University.

Drs. David Kemme, Thomas McInish (FIR) and Jiang Zhang published their paper “Market Fairness and Efficiency: Evidence From the Tokyo Stock Exchange” in the Journal of Banking & Finance.

UNIVERSITY OF MEMPHIS 35

Department of Finance, Insurance and Real Estate

Dr. Konstantin Sokolov and his co-author won the Journal of Finance Best Paper Award for “Every Cloud Has a Silver Lining: High Frequency Trading With Microwave Line of Sight.”

“Political Connections, Firms Leverage and Cost of Capital” by Dr. PK Jain and co-authors won the Emerald Publishing “Best Paper Award” at 8th PAN IIM World Management Conference.

Our faculty published more than 21 articles between 2021-22.

Professor Nap Overton and his students won the TVA portfolio management competitions by beating the S&P 500 index by a wide margin.

Undergraduate finance student, Nathan Miskell, won the best presenter award at the TVA finance case competition.

FCBE students won the silver medal and $5,000 in the 2022 Hedge Fund Competition held in Atlanta at Georgia Tech.

Our team secured 2nd place in the world among 80+ universities.

Koby Allen, undergraduate student and Finance Club president, was awarded the Bronze Scholarship by the Financial Executives International organization.

Real estate faculty launched a property management program and minor.

CFA Institute and CFP Board certificates were renewed, which offers a three-in-one value for FCBE students (degree, certificate and national exam eligibility).

The Cook Analytics and Trading Lab re-opened for Student Bloomberg Certifications, work study and volunteer internship opportunities.

FISC interdisciplinary workshops on newly acquired research data sets are now offered free of charge to all UofM faculty and students to promote interdisciplinary research and grant opportunities.

Department of Marketing and Supply Chain Management

Dr. Gregory W. Boller presented “Acting Tradecraft/Media Training for Physicians” at the American Society of Breast Surgeons during their 2022 Annual Conference in Las Vegas, Nev.

Dr. Punya Chatterjee joined the department this fall as an assistant professor of supply chain analytics. Punya just finished her PhD in supply chain management from Penn State University.

Dr. George Deitz was recognized with a mentor award by the University of Memphis Graduate School.

Dr. Subhash Jha recently published new findings about nano-influencers in the Journal of Business Research.

Drs. Subhash Jha and George Deitz won the Best Empirical Paper for their work on environmental haptic cues in the Fogelman College’s annual Best Paper Awards.

The department’s supply chain major is now also offered fully online through UofM Global.

36 FOGELMAN FOCUS
UNIVERSITY OF MEMPHIS 37

Faculty & Staff News

EACH YEAR, the George Johnson Faculty Fellow or Staff Award honors exceptional faculty and staff. Longtime friend and benefactor of FCBE, George Johnson, BBA ’70, established these prestigious awards to recognize extraordinary professional accomplishments. Congratulations to the follow recipients:

George Johnson Research Fellowships

Dr. Kostia Sokolov, Assistant Professor, Department of Finance, Insurance and Real Estate

Dr. Joseph Zhang, Associate Professor, Crews School of Accountancy George Johnson Teaching Fellowships

Dr. Joanna Golden, Assistant Professor, Crews School of Accountancy

Dr. Brian Janz, Professor, Department of Business Information and Technology George Johnson Staff Awards

Anna Myers, Academic Services Coordinator II, Graduate Programs Office

Dean’s Service Award

Dr. Chen Zhang, Former Associate Dean, Faculty and Administration

Former Associate Professor, Department of Business Information and Technology

Dean’s Service Staff Awards

Marja Martin-Carruth, Director, Avron B. Fogelman Professional Development Center

Dianne Moody, Business Officer, Dean’s Office Trellis Morgan, Manager, Undergraduate Student Services

Anna Myers, Academic Services Coordinator II, Graduate Programs Office

Tarranda Silas, Administrative Associate I, Dean’s Office

Christy Smith, Administrative Associate I, Departments of Business Information and Technology & Marketing and Supply Chain Management

Madison Stoks, FCBE Marketing and Communications Associate

Alumni Association Distinguished Teaching Award

Dr. Kathy Tuberville

George Johnson Teaching Fellow

Center HR Faculty, Department of Management Director, Fogelman Experiential Learning Faculty Advisor, SHRM Student Chapter

Dr. Kathy Tuberville with UofM President Hardgrave (left) and Nestor Rodriguez, President of Alumni Association (right), at Alumni Associa tion Award ceremony.
38 FOGELMAN FOCUS

turn your career up a degree

The moment you realize you want to Earn your MBA today. mba.memphis.edu UNIVERSITY OF MEMPHIS 39

HONOR ROLL

When you give money to the Fogelman College of Business & Economics, you are adding needed energy, inspiring young minds, raising standards, innovating new approaches, moving programs forward and supporting our students, faculty and staff. Your contributions make all these advancements possible. Without you, progress would slow. Thank you for your donation and for believing in FCBE. As stewards of your donation, our primary objective is to maximize positive impacts for our students. Scholarships, professional development opportunities, career-readiness training and building enhancements are just a few of the ways your gifts are changing lives for the better.

40 FOGELMAN FOCUS
UNIVERSITY OF MEMPHIS 41

Thank you

The Fogelman College gratefully acknowledges the following individuals, companies and organizations for their donations of $500+ in 2021.

We make every effort to report gifts correctly. In the event of an error, please contact us at 731.435.9665 or email michele.sides@memphis.edu

Truett Abney

Donna Abney

Sudhir Agrawal

Frank Allen Jr. Ameriprise Financial Ashford Advisors

Matthew Bailey Steven Ballard

Bank of America Bank of America Charitable Gift Fund

Greg Barnes Beth Barnes Annie Borders Adam Brammer Thomas Braswell Jr. Paul Cameron CAT Global Inc. CBIZ Operations Inc Charles Schwab

Christian Community Foundation Inc. Dr. John Cicala Paul Cicala

AnneMarie Cicala Cintas Corporation Ron Coleman

Jan Coleman Nancy Coleman Richard Coleman Karen Coleman Paula Collins Robert Collins Community Foundation of Greater Memphis Melanie Compton Mark Compton

Michael Cook

Jennifer Cook Hilliard Crews

Crews Family Foundation David Crippen Barbara Crippen

Cummins Business Services Brad Davis Vincent DeGutis Deloitte Foundation William Deupree III Angela Deupree Deupree Family Foundation Winfred Dickey Dixon Hughes Goodman LLP Duncan-Williams Incorporated Eloise Kimmelman Foundation Ernst & Young Foundation

Fidelity Charitable Gift Fund Financial Planning Association of Greater Memphis Rick Fogelman

Mark Fogelman

Avron B. Fogelman Wendy Fogelman Hal Fogelman

George T. Johnson Family Trust Mickey Granger Judith Griesbeck John Griesbeck Mary Griesbeck George Griesbeck

Enid Griesbeck

William Griesbeck James Guess

42 FOGELMAN FOCUS

Diane Halperin

Mark Halperin

Dawn Hargett

Tre Hargett III

Brittany Hart

Fred Hiatt

Kim Hiatt

Alison Hollingsworth

Albert Hollingsworth Jr.

Reneice Hood

Dr. Xianjui Hu

Bethany Huffman

International Paper Company

Illinda Jackson

Joseph Jarratt Caroline Jernigan

Robert Johns George Johnson

Betty Johnson Kendall Keuter Pam Koban Mike Koban Jr.

David Kopald

KPMG Foundation Arthur Kuntzman Jr. Linda Kuntzman

Jimmy Lackie Margaret Lackie Michael Lahaie

Lambda Alpha Intl. David Lea Nancy Lea James Link Jr.

Robert Longfield Jr. Dana Longfield Louisiana Tech Univ.

J Marks

Robert McEniry

Mac McLain

James Meeks Jr.

Robert Moreno William Morris

Joanne Morton

Saunders Morgan Morton

Dr. Bill Neumann

Northwestern Mutual Foundation

Orion Federal Credit Union

Bill Pallme

Nelle Pallme

Dianne Papasan Larry Papasan Michael Parham

Peer Power Foundation Inc

Arville Phillips

Jennifer Pike Jonathan Pike Max Piwonka Sarah Piwonka Stacy Price

Pricewaterhouse Coopers LLP Raymond James Regions Bank Jacquelyn Rencher Philip Rencher

Reynolds Bone & Griesbeck PLC

Gertrude Rhodes Boyd Rhodes Jr.

Kent Ritchey

Ronald C. Hart Family Foundation Inc.

Cathy Ross

Barbara Schramm

Schwab Charitable Fund

Sedwick Claims Management Services Inc.

Dr. Judith Simon

Tim Skinner Smith+Nephew Orthopaedics

Society for Industrial & Office Realtors

Kenneth Stellmacher Strategic Financial Partners Bradly Straw Bobby Svoboda Martha Svoboda

Nancy Taylor

Jerry Taylor

John Teague

Telarray LLC

The Jewish Foundation of Memphis

The Peyton Martin Weddle Foundation

Zachary Thomas

Daphne Thomas Jeffrey Thomason

Jessica Thompson

Jeremy Thompson David Tobin Joel Tracy

Dr. Jennifer Troyer

Laurie Tucker John Tucker Thomas Tunnell

James Van Frank Jr. Teresa Van Frank Clark Vernon Paige Walkup Scott Walkup Watkins Uiberall PLLC Nicole Webb David Wedaman

Daniel Weddle Michelle Weddle Cathy Weiss Craig Weiss Wendy and Avron B. Fogelman Foundation

Stephen White George Whitehead Jr. Beth Wilson Kimberlee Wilson Paula Wood Andrew Wray IV Sandra Zehntner

UNIVERSITY OF MEMPHIS 43

Does Your Company Match Donation Gifts?

When you give to Fogelman College of Business & Economics via the University of Memphis, your current employer may provide a matching gift. Find out more by visiting: memphis.edu/annualgiving/matching.php.

Make a Gift

There are many areas to offer support when giving to the Fogelman College of Business & Economics. Scholarships, professional development opportunities, study abroad assistance and departmental support are a few of the ways give back to FCBE.

Contact Michele Sides at 731.435.9665 or michele.sides@memphis.edu and Laura Hall at 901.678.3068 or laura.m.hall@ memphis.edu to learn more and decide which area is right for you and your family.

We Count on Your Support

Visit online giving at memphis.edu/annualgiving

44 FOGELMAN FOCUS

Be a MILE Mentor

The MILE (Memphis Institute of Leadership Education) Program provides additional learning opportunities for FCBE business students and prepares them to become future leaders in the City of Memphis through mentoring and leadership development training. Your help can make a difference in a student’s future career. Contact Dr. Kurt Kraiger at kurt.kraiger@memphis.edu.

UNIVERSITY OF MEMPHIS 45
432 Fogelman College Administration Building The University of Memphis | Memphis, TN 38152-3120 PRESORTED Non-Profit Org U.S. POSTAGE PAID MEMPHIS, TN PERMIT NO. 207 Visit our website at memphis.edu/fcbe and follow us at /uofmfogelman @uofmfogelman school/uofmfogelman @uofmfogelman

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