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January 2008

Latest News: January 2008

Lilien Awarded Highest Honor For A Marketing Educator

The American Marketing Association has named Gary Lilien, Distinguished Research Professor of Management Science at Penn State's Smeal College of Business, as the 2008 recipient of the AMA Irwin/McGraw-Hill Distinguished Marketing Educator Award, the highest honor a marketing educator can receive.

Nittany Lion Fund Appoints New Student Executive Board

As the previous year's executive board prepares for their careers on Wall Street, a new group of undergraduate students has taken over management of the Nittany Lion Fund LLC, a $4.5 million student-managed investment portfolio at Penn State's Smeal College of Business.

Boeing CFO Kicks Off Spring 'Executive Insights' Speaker Series

Penn State's Smeal College of Business will host Robert J. Pasterick, vice president and chief financial officer for Boeing Commercial Airplanes, on Feb. 8 as the first speaker this spring in the college's guest speaker series, Leadership in Focus: Executive Insights.

Study On Countering Effects Of Alcohol Ads On Kids Wins Professor Best Paper Honor

A paper co-authored by Marvin Goldberg, Bard Professor of Business Administration at Penn State's Smeal College of Business, has been selected as the winner of the 2007 Thomas C. Kinnear/Journal of Public Policy & Marketing Award by the journal's editorial board.

Smeal Launches Research Center To Focus On Sports Business Research

Penn State's Smeal College of Business has established a new research center dedicated to the study of sports business. The Center for Sports Business Research will focus on the development of first-rate academic and applied empirical research in the sports industry, while helping to define educational opportunities for students looking to start careers in sports business.

Webcam Interviews Offer MBA Applicants Advantages Over Phone

The Smeal College of Business MBA Program is piloting a new method of interviewing applicants who are unable to make it to campus to meet with the admissions team in person: the Webcam interview. Smeal started using Webcams to increase the personal focus and "human touch" of interviews, giving candidates the ability to fully express themselves, according to Carrie Marcinkevage, MBA director of admissions.

Op-Ed: What Keeps Business Executives Up At Night?

Patrick Cataldo, associate dean for executive education, writes in an op-ed: "The turn of the new year always brings both reflections and considerations for the future. 'What's going to happen this year?' is one of the major questions on the minds of most business executives and organizational leaders. Charged with the responsibilities of providing the strategic focus that leads to growth and profits, these men and women must be prepared for the unpredictable and unexpected."

USA Today: Smeal Alumna Tops Female CEO Performance List

Smeal College of Business alumna Patricia Woertz '74, president, chief executive officer, and chair of Archer Daniels Midland (ADM), led the agribusiness firm to a 45 percent stock gain in 2007, the best performance among the 12 Fortune 500 companies led by female CEOs, according to USA Today.

Leading Executive Career Adviser To Address Smeal EMBA Students

Students in the Penn State Smeal College of Business Executive MBA Program today will hear from the chairman of a leading executive career advisory firm as part of the EMBA program's Executive Insights speaker series. Nathaniel Stoddard, chairman of Crenshaw Associates, a Manhattan-based organization specializing in career advising for senior executives and their firms, will offer Smeal EMBA students tips and advice on how to succeed in executive job interviews.

Smeal Professor Co-Authors Book On New FASB Standard

A new book co-authored by a Smeal College of Business professor explains a recent statement by the Financial Accounting Standards Board regarding fair value measurements and clarifies how to use fair values in financial reporting. Fair Value Measurements: Valuation Principles and Auditing Techniques, co-written by J. Edward Ketz, associate professor of accounting, provides practitioners with a clear understanding of FASB Statement No. 157, entitled Fair Value Measurements.

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