Oklahoma State University finance alunma Wendy Thompson was selected as one of only 38 CPAs in the nation to attend the American Institute of CPAs’ (AICPA) Leadership Academy program October 1-5 in Durham, North Carolina.
Thompson grew up in Tulsa and knew she wanted to attend OSU. She graduated from OSU with a bachelor’s in finance with a minor in accounting in 2008 and was also a member of the equestrian team during that time. She works for Love’s Travel Stops and Country Stores as the manager of transportation accounting for Love’s trucking business, Gemini Motor Transport. She also serves as the treasurer of the Children’s Advocacy Centers of Oklahoma’s Board of Directors and the treasurer for the Thoroughbred Athletes Inc. Board of Directors.
Thompson has a history of success, being selected as one of the Oklahoma Society of CPAs as a 2016 Trailblazer and recently graduated from Leadership OKC’s LOYAL XII Program. She hopes to bring innovative ideas back to her organization and community and continue to improve her leadership skills.
“The selection process was very rigorous, requiring us to submit multiple essays, reference letters, lists of our accomplishments and our résumé,” Thompson said. “I feel very honored to be one of the 38 selected for the program. From a young age, I had always had a passion to learn and to better myself. Earning my CPA designation is one of my proudest accomplishments, and I want to continue to challenge myself as a young CPA and improve as a leader. Continue Reading
Have you ever wondered when you should invest or make a trade in your stock?
By using United States equity market-level data from 1926 through 2015, Oklahoma State University assistant professor of finance Greg Eaton nailed down the predictive power of trading costs in his latest research, “Micro(structure) before Macro? The Predictive Power of Aggregate Illiquidity for Stock Returns and Economic Activity,” which was accepted into the prestigious Journal of Financial Economics. Eaton cut out the volatility component from trading cost measures and found that embedded volatility was causing misleading results.
“One important aspect of our study is how we measure trading cost,” Eaton said. “We document that most measures of trading cost mechanically embed a volatility component, and it’s important to extract that component so we make sure that our results are driven by actual trading costs as opposed to volatility in disguise. Making this adjustment does have an important impact on our results. What we find is that the trading costs before we made the adjustment did not forecast stock returns, but once we extracted the embedded volatility component, we found strong evidence that trading costs do forecast future stock returns.” Continue Reading
Marlys Mason, associate professor of marketing who has been an Oklahoma State University faculty member for 16 years, has been named an Associate Dean for the Spears School of Business, Dean Ken Eastman announced.
Mason began as Associate Dean on July 1.
“We are excited to have Dr. Mason join the Spears leadership team,” Eastman said. “She is very well respected and she is very committed to student success, and I am confident that she will do a great job.”
Mason has taught at the undergraduate, masters and doctoral levels and in the Consortium of Universities for International Studies. She has taught courses in marketing strategy, marketing and society, consumer behavior and research methods since joining the OSU faculty in 2001.
The Spears School of Business will be hosting an OSU Innovation Series for Business at the OSU-OKC campus from July to September.
This series was created to help successful businesses stay competitive through innovation. The seminars will help participants learn how to continuously seek opportunities to create value in their organization. It is designed for leaders at all levels in any organization.
“Innovation is such an important piece of any business’ success,” said Bruce Barringer, department head in the School of Entrepreneurship in Spears Business. “Our faculty will provide practical and essential information on how organizations can use innovation to continue to thrive and excel in their industry.”
Spears School of Business alumna Kari Easson was recently named a 40 Under 40 by Oklahoma Magazine. She is the Controller/Accounting Director at Stillwater Medical Center.
Originally from Maryland, Easson first moved to Stillwater 12 years ago when her husband was a student at OSU. She received a master’s degree in accounting in 2008 and a master’s in health care administration in 2015 from Oklahoma State University.
Today, Easson manages a staff of six and is in charge of the day-to-day financial operations of Stillwater Medical Center (SMC) and all of their clinics and reports to the CFO. She prepares monthly financial statements and monthly financial/statistical reports, oversees the audit process and Medicare cost report preparations by SMC auditors, and coordinates their yearly budgeting process. She also manages the same accounting functions of Blackwell Regional Hospital. Continue Reading
Nonprofit management senior Christian Jackson may have left his professional football dreams behind, but football still plays a major role in his nonprofit business.
Jackson was born an only child in Houston and played football all his life. He accepted a scholarship to play football at a small college in Tennessee his freshman year, but quickly realized it wasn’t all it was made out to be. After transferring to Oklahoma State University his sophomore year, his original choice for college, he began focusing on academics.
“It was definitely tough, it was a rough couple of months going from playing football to not playing football at all,” Jackson said. “I’ve been playing football since second grade, so to completely stop that was a tough transition, and going from a little school to a school with 26,000 was a huge jump, so I really had to find a community so I wouldn’t go through school alone…. It was a rough transition, but it was for the best.” Continue Reading
Explaining low self-employment rates among foreign-born STEM graduates: Why start a business if it doesn’t pay?
According to analysis of the American Community Survey, foreign-born college graduates in the science, technology, engineering and mathematics (STEM) field have much lower self-employment rates compared to foreign graduates of other majors. Why aren’t these technologically and scientifically-minded people starting new companies?
Oklahoma State University associate professor of economics and legal studies John Winters and co-author Zhengyu Cai from Southwestern University of Finance and Economics were also curious, as individuals who immigrate to a developed country are generally thought to be more entrepreneurial. One partial yet important explanation is earning differences between STEM and non-STEM fields: employed STEM graduates make a lot more money.
“Only about eight percent of foreign-born STEM graduates own their own businesses compared to 11.3 percent of foreign non-STEM graduates,” Winters said. “We wanted to try to explain this… so we started by documenting that foreign-born STEM graduates, on average, earn much higher in paid employment than their non-STEM counterparts.” Continue Reading
He may get to travel all over the globe, but Yves Mafolo put in the hard work to get to where he is today.
Oklahoma State University finance graduate Yves Mafolo is an Angolan national that grew up and lived across the African continent. He attended the African Leadership Academy where he launched both a community-based organization in the outskirts of Johannesburg and a business on-campus, having big dreams to travel the world and open a Pan-African investment firm. He accepted the African Leadership Bridge scholarship and began attending OSU in June 2011, where he began honing his passion of changing Africa.
“The African Leadership Bridge is an organization that helps prepare leaders who will help develop Africa and has a partnership with both the University of Texas at Austin and Oklahoma State University,” Mafolo said. “I’m extremely passionate about contributing to Africa’s development and making it a better place for all of its citizens, and being able to attend a university in the United States has exposed me to a different view of the world that I’m sure will help me achieve my aspirations for the African continent.” Continue Reading
For Spears School of Business accounting senior Jordan Mazariegos, coming to Oklahoma State University was the gateway to a new life in the United States.
Born in Mexico City, Mazariegos was two years old when he and his parents packed up their lives and moved to Anaheim, Calif. With the help of a mysterious person his father had met along the way, Mazariegos and his family moved to Tulsa, Okla.
“Interestingly, the person that my dad met on his journey to the United States, my dad never saw him again,” Mazariegos said. “We moved [to Tulsa] because he called my dad and told him he had an apartment ready for us. So, my dad started paying rent and brought us over and we started our life in Tulsa. I don’t even know [the guy’s] name.”
Mazariegos attended Union High School and made many friends and genuine relationships with teachers that were always ready to lend a helping hand. He played soccer and had dreams of becoming a professional soccer player, even making it to the state championship his senior year. He knew he wanted to go to college to provide for his family, but when he was in his teens, he realized he wasn’t quite like every other student. Continue Reading
Oklahoma State University Master of Science in Business Analytics students recently got a taste of their future career path at the annual Big Data Boot Camp hosted by the Spears School of Business.
The weeklong boot camp is required for MSBA students completing their first year in the program. The camp not only covers the basics technical skills students will need to have for their future careers but also covers some soft skills that companies look for when making hiring decisions. The boot camp is provided free by Spears Business in partnership with SAS.
“No business can survive without making data-driven decisions,” said Miriam McGaugh, Spears Business clinical assistant professor of marketing and instructor for the Big Data Boot Camp. “Analytics isn’t going away. We train students to utilize software and technology to make processes more efficient in business.” Continue Reading
We hear about business scandals all the time, from Wells Fargo creating fake bank accounts to increase profits to Hampton Creek’s inflated sales numbers. But what happens to us morally after we do something wrong?
Oklahoma State University associate professor of management Rebecca Greenbaum with co-authors and former OSU PhD students Julena Bonner, assistant professor at Utah State University, and Matt Quade, assistant professor at Baylor University, investigate the aftermath of unethical behavior on an individual in their latest research.
The article combines emotions theories with previous research to explain the effect unethical behavior has on an individual’s self-image. Greenbaum and her co-authors were interested to see if people fear for their own reputations and discovered that people tend to try to “make up” for their shame by displaying desirable qualities. Continue Reading
Spears School of Business marketing professor Kinda Wilson was recently awarded the 2017 Excellence in Teaching/Training Award at the United States Distance Learning Association (USDLA) National Conference in Indianapolis.
Wilson was nominated for the award by the Spears School Online Learning office staff. They worked with her over the past year on the development of her online undergraduate and graduate level Innovative Marketing Social Media Strategies courses. The online learning staff provided video production, instructional design and animation support for the course and nomination.
Wilson has taught for the School of Marketing and International Business for more than 10 years at the OSU-Tulsa campus. “She has proven to be one of the very best teachers I have ever had; and, having been a department head for over 20 years, I have seen many, many teachers,” said Josh Wiener, head of the School of Marketing and International Business.
As she prepares for graduation, Carson Guinn credits her parents for inspiring her to pursue a career in finance
Carson Guinn is a senior economics and finance double major with a minor in accounting from Wichita, Kansas. She will graduate from Oklahoma State University on May 13.
Her parents Lynn and Kim Guinn graduated from the T. Boone Pickens College of Business at West Texas A&M University in Canyon, Texas, outside of Amarillo. “Pickens was a large supporter of the school as well as a major supporter of Oklahoma State University. So we have a running joke in my family that although we didn’t graduate from university, we have the same alma mater because T. Boone Pickens is such a huge supporter of Oklahoma State. So we’re kind of all Cowboys,” said Guinn. Continue Reading
Four Oklahoma State University business students will be traveling to Anaheim, California, to compete in the 2017 Phi Beta Lambda National Leadership Conference in June.
Earlier in April, management junior Anna Hudson, international business junior Kalina Keester, accounting junior Sydney Laudero and finance junior Kayla Roberts competed at the PBL State Conference hosted by Tulsa Community College-Metro. All four placed in the top three of their respective competitions to qualify for the National Leadership Conference. OSU Spears School of Business academic counselor Vicki Johansen also attended the conference as the OSU PBL chapter adviser. Continue Reading
The Watson Graduate of Management hosted its annual awards banquet on April 7. MBA student Duygu Phillips was recognized as the Outstanding Masters Student for the MBA program, the Outstanding SAS Student Certificate and received OSU Marketing Analytics recognition. MBA student Imran Selim was recognized with an Outstanding SAS Student Certificate and OSU Marketing Analytics.
Phillips is an Exxon Mobil Scholar with a concentration in marketing analytics and entrepreneurship, so she is taking classes such as CIE Scholars. She has been the editorial assistant to Marketing Journal (JMPTP), which has helped her become involved in academia and learn through articles and research. Phillips learned about the publishing process for an academic paper, which is great preparation to pursue a PhD.
Also, she is the MBA Association Vice President of International Affairs, and started the Brown Bag Lunch Series, where business professionals and students meet over lunch, network, exchange ideas and get advice. She has been developing her own business and was accepted into the incubator in accelerateOSU, the student startup center. Continue Reading
Timias “Tim” Woods, originally from Tulsa, Okla., received a bachelor’s degree in both business administration and economics from Oklahoma State University in 2008. He recently visited the Stillwater campus to speak to Nancy Titus-Piersma’s Real Estate Finance class to share his experiences in the real estate industry.
Woods is the National Director of Asset Services for Matthews Real Estate Investment Services in Dallas. Currently, he is focused on growing a new division at the firm and tapping into new sources of revenue.
Why did you choose to major in business?
I think I originally wanted to go into banking when I first started as a freshman. I chose economics as a major after finishing Econ 101. Something about the graphs and adjusting demand/supply curves based on the scenario provided intrigued me. Continue Reading
The teams will present in a live pitch competition hosted by the School of Entrepreneurship’s accelerateOSU branch April 28 at Backstage in downtown Stillwater.
“The goal of the competition is to showcase OSU’s innovative technology and resources while highlighting the collaboration and innovation of the student teams,” said Haley Kurtz, event coordinator for the School of Entrepreneurship’s accelerateOSU branch. “We wanted to host a competition for all OSU students from Tulsa, Stillwater and Oklahoma City, and show that entrepreneurial ideas help promote economic development.”
The finalists are: Continue Reading
Ajay Gupta, consultant at McKinsey & Company, shared his insight on the various sides of business and consulting with Oklahoma State University MBA students this April.
Gupta began with one of his favorite aspects of consulting. He shared what keeps him at his job and why he enjoys it. Gupta enjoys his job because he has a variety of work and clients, which provides him with quite a bit of exposure to various industries. Emphasizing these aspects helps him develop his personal value.
“Every engagement with the client offers an exciting challenge,” Gupta said. “Customers have a choice, so I make sure I provide plenty of value to each of them.”
Gupta explained the type of people who enjoy working for McKinsey & Company. He says it is a good system if you like to do work and be rewarded for it.
His message shifted to matching career paths with interests. Consultants pursue career paths that match their interests. The generalists work across industries and functions to get a range of experiences and skills. The practice consultants focus on a certain industry or function. An implementation coach helps organizations develop the capabilities they need to continuously deliver sustained improvement. Continue Reading
MITO Material Solutions is a student startup team created by Oklahoma State University MBA student Haley Kurtz and mechanical engineering technology student Kevin Keith.
Kurtz, chief executive officer, and Keith, chief operating officer, are under the guidance of assistant professor of entrepreneurship Richard Gajan and professor Ranji Vaidyanathan of the OSU College of Engineering, Architecture and Technology. Kurtz and Keith are also a part of the accelerateOSU program.
Kurtz says the opportunity to work with this startup is because of resources provided through the MBA program and working for accelerate OSU. While she is only a part-time MBA student, she dedicates her time to school, MITO Material Solutions, and traveling to competitions. She also works full-time for accelerateOSU, the OSU School of Entrepreneurship’s newest division that aids student startups.
Kurtz was interested in the Creativity, Innovation and Entrepreneurship (CIE) class, which provides its students with a project. This is a one semester class offered in the fall with the goal for its students to understand and commercialize technology. To enroll in the class, students must complete the interview process where only 30 students are selected for the class, and only 10 of the 30 students are MBA students. This class presented Kurtz the opportunity to work with MITO. Continue Reading
Oklahoma State University’s School of Accounting boasted the largest attendance to date with approximately 60 accounting faculty and PhD student attendees at its annual Accounting Research Conference.
The School of Accounting, with support from the Center for Executive and Professional Development, hosted the conference in the Wes Watkins Center on OSU’s Stillwater campus. The conference, which began in the 1980s, brings in some of the preeminent researchers in the field of accounting.
This year’s conference included research presentations by Daniel Collins, professor and Henry B. Tippie Research Chair in Accounting at the University of Iowa; Mary Hill from the University of Oklahoma, and OSU School of Accounting’s own Leah Muriel. Jimmy F. Downes from the University of Nebraska and a graduate of OSU’s accounting PhD program also presented at the conference. Continue Reading
Fail Up Night is the latest program from the Riata Center, designed to encourage a conversation aimed at removing the negative stigma of failure. Seasoned entrepreneurs share their “failure” stories with students and encourage them to understand that trials are an opportunity to learn and grow.
“We wanted to find a way to remove the negative stigma about the word ‘failure’ and get the conversation going because it’s a normal everyday occurrence for entrepreneurs,” said Alexces Bartley, manager of outreach programs for the Riata Center. “Understand and accept that mishaps are going to happen when you are starting a business or trying something new. Entrepreneurs need to learn how to fail fast. It’s trial and error, and a lot of the times failure isn’t necessarily a bad thing, but an opportunity to try something different. You learn and grow from it, and you will become a better entrepreneur for it.” Continue Reading
Chance Imhoff shares how his agricultural roots sparked his interest in entrepreneurship and management
Chance Imhoff is a 5th generation farmer from Prague, Okla. Growing up, he was very active in FFA and 4H, so Oklahoma State, being a land-grant university, was always an attractive option for him. “I’ve always known I wanted to come to OSU. It was actually the only school I applied for. And coming to OSU was definitely one of the best decisions I’ve ever made,” said Imhoff.
Imhoff started at OSU as an ag-business major, but later decided to change to entrepreneurship and management. “After a semester in CASNR I wanted to broaden my scope and meet new people, so I chose entrepreneurship because I had different business ventures growing up and knew I had a passion for running a business,” said Imhoff. Continue Reading
Oklahoma State University students learn quite a bit about themselves and their classmates during their course studies and how to interact with others. Ann Dyer spoke with OSU MBA students about leadership and working with various personality types inside and outside of business.
Dyer begins her discussion with critical success factors to leading successful change programs. She emphasizes the importance of doing research on the company or organization you seek to work with to drive change. This principle applies to an external consultant as well as a new employee. Dyer also discussed the need to build a case for change by comparing market positions, including threats, and create a vision for what success could look like. The case for change should include a financial business case, approach to achieving the outcomes, aligned budgets, and finally, an understanding of what the risk of doing nothing would be.
The topic then switched to the students and how they should present themselves. This is the importance of a personal leadership brand, including how you speak, what people say about you and what impact you make; that is your legacy. While developing a personal brand, it is important to learn from mistakes, trial and error, and never take things too personally. Dyer discussed the concept of recognizing key observable behaviors, assertiveness and responsiveness. These behaviors can help you understand your social style and determine the style of others who you are working with. She stressed that it is important to determine and adapt your style to other’s style if you seek to make an impact. Continue Reading
For the second week in a row – and the third time in the last three months – Oklahoma State University student startup team MITO Material Solutions was among the top winners at a collegiate pitch competition. This time, MITO placed second at the Oregon New Venture Championship hosted by the University of Oregon.
MITO is composed of MBA student Haley Kurtz, chief executive officer, and mechanical engineering technology student Kevin Keith, chief operating officer, and are coached by assistant professor of Entrepreneurship Richard Gajan in the Spears School of Business and professor Ranji Vaidyanathan of the OSU College of Engineering, Architecture and Technology.
MITO received $10,000 in investment prizing for placing second and $1,000 for winning the Palo Alto Software Best One Page Pitch. Continue Reading
Three Spears School of Business graduate students were recently honored during the Graduate College’s Graduate Education Week activities on the campus of Oklahoma State University.
Siddharth Suresh, master’s student in telecommunications management, was the first-place winner in the President’s Fellows’ Three Minute Challenge (3MC), and was the recipient of a $2,000 award. Also, Varsha Akkaloori, a master’s in business analytics student, received the People’s Choice Award in the 3MC competition and a $2,000 prize.
The 3MC competition includes the top five Three Minute Presentation (3MP) competitors for non-thesis masters, education specialists and graduate certificate students and the top five Three Minute Thesis (3MT) competitors for thesis master’s and doctoral students. Continue Reading
The seventh annual SAS Analytics Day will be May 5 in the ConocoPhillips OSU Alumni Center at Oklahoma State University. Registration and continental breakfast will begin at 8 a.m., and the conference will conclude at 3:30 p.m.
SAS Analytics Day will bring in national and regional speakers to share their expertise and knowledge with the Oklahoma business and analytics community. The primary goal of this conference is to link OSU’s master’s in business analytics’ students with members of the local and regional business community to help students grow their professional network.
Oklahoma State University student startup team VisionaRx made OSU history by winning the grand prize earlier this month from the Love’s Cup Undergraduate High Growth Division in Oklahoma City.
VisionaRx Retinal Drug Delivery is composed of OSU students Chance Imhoff, management and entrepreneurship; Jaquelyn Lane, chemical engineering with an entrepreneurship minor, and Rachel Davis, chemical engineering pre-med emphasis. The team is coached by David Thomison, clinical assistant professor of entrepreneurship and advisor for student teams at accelerateOSU, OSU’s entrepreneurial incubator program.
The team was awarded a $20,000 cash prize for taking first place in the competition and qualify to continue on to the Tri-State Competition, which hosts teams from Arkansas, Nevada and Oklahoma and will take place May 30-31 in Las Vegas. Lane also won the IBM Pitch Award and was awarded $1,000. This is the first time that an OSU student team has won the undergraduate division of the competition. Continue Reading
Oklahoma State University accounting graduate student Sarah Polakow will be awarded the OSCPA Silver Medal from the Oklahoma Society of Certified Public Accountants (OSCPA) on May 20 at the Oklahoma State Capitol.
Polakow scored the highest on the CPA exam and passed all four parts of the exam within testing windows III (September) and IV (December) of 2016. Without the guidance of accounting professor Bob Cornell and associate dean Carol Johnson, Polakow says she would have switched majors long ago.
“When I first started out in the accounting program at OSU, I had a rough go of things and seriously considered switching majors,” Polakow said. “During a meeting with Dr. Cornell and Dr. Johnson, they told me that what someone had learned and the work ethic they acquired wasn’t always accurately measured by their grade point average. It was because of their encouragement and my family’s support that I chose to stay in accounting, and I am so glad I did. Continue Reading
The 11th annual Oklahoma State University Energy Conference in Tulsa will feature the nation’s top experts in the energy industry discussing issues making today’s headlines.
The conference is from 8:45 a.m. to 1:15 p.m. May 10 at the Renaissance Hotel. Registration and a continental breakfast will begin at 8 a.m.
This conference is hosted by the OSU Department of Finance and the Center for Executive and Professional Development in the Spears School of Business in association with the Natural Gas and Energy Association of Oklahoma.