February 2006
Media Round-Up
Xu Joins Operations Research Editorial Board
ISBM To Co-Host Marketing Conference In Atlanta
Former MCI Executive Talks Business Ethics With Smeal Students
Call For Nominations: Alumni Society Board Published
Smeal Research: Discount Brokers Don't Affect Homes' Selling Prices
Financial Times Ranks Smeal MBA Among The World's Best
Smeal Alums To Receive Distinguished Alumni Award From Penn State
Smeal Team Wins 'Rose Bowl' Of Case Competitions
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Welcome to the Smeal Zine!
Here's the latest issue of SMEAL Zine, a monthly electronic magazine designed to keep alumni and friends in touch with the latest news and information from Penn State's Smeal College of Business and its nationally ranked programs and world-renowned research centers.
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Abdullah Yavas:
Yavas is Elliott Professor of Business Administration and research director of the Institute for Real Estate Studies. Since joining the Smeal faculty in 1992, he has been instrumental in the undergraduate and graduate Real Estate programs, teaching courses from "Real Estate Fundamentals" to "Valuation of Real Property." In 2001, Yavas received the Fred Brand Award for Outstanding Teaching, Smeal's highest undergraduate teaching award. He currently serves on the editorial boards of several academic journals and his research has been cited in the popular press by The Wall Street Journal, Time, and Money, among other outlets. Yavas holds a Ph.D. in economics from the University of Iowa.
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Smeal Team Wins 'Rose Bowl' Of Case Competitions
A team of second-year Smeal MBA students took first place in this year's Pac-10/Big Ten MBA Case Competition hosted by the W.P. Carey School of Business at Arizona State University. The contest, dubbed the Rose Bowl of business education, is considered one of the most prestigious MBA case competitions in the country. The Smeal team earned the opportunity to compete after winning the 2005 Big Ten Case Competition held in April at Ohio State. For more on the team's success, visit http://www.smeal.psu.edu/news/releases/ jan06/mbawin.html.
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Smeal Alums To Receive Distinguished Alumni Award From Penn State
Smeal alumni William A. Donan and Robert E. Poole are among eight Penn Staters selected by the University's Board of Trustees to receive the Distinguished Alumni Award, Penn State's highest award for an individual. Donan, who earned his bachelor's degree in management from Smeal, is retired president and corporate vice president of the southeastern region of Allegiance Healthcare Corporation. Poole is president and CEO of S&A Custom Built Homes and Poole Anderson Construction and is a partner in Pinnacle Development. He earned a bachelor's in accounting from Smeal. For information on previous Distinguished Alumni Award winners, visit http://www.smeal.psu.edu/alumni/ distinguish.html.
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Financial Times Ranks Smeal MBA Among The World's Best
The Financial Times recently ranked Smeal among the best business schools in the world in the newspaper's annual list of the top 100 MBA programs. The British financial daily ranked Smeal 42nd in the world, the college's highest ranking since 2000. Overall, Smeal ranked 25th in the United States and 10th among U.S. public universities. For more information on the Financial Times rankings, visit http://www.smeal.psu.edu/news/releases/jan06/ftrank.html.
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Smeal Research: Discount Brokers Don't Affect Homes' Selling Prices
New research from Smeal may lend support to the Federal Trade Commission's stance that discount real estate brokers do not harm consumers. The study, co-authored by Abdullah Yavas, Elliott Professor of Business Administration and research director of the Institute for Real Estate Studies, finds that discount brokerages, which often cost several thousand dollars less than traditional real estate agencies, get the same selling price for homes as their full-service counterparts. For more on the findings, visit http://www.smeal.psu.edu/news/releases/jan06/yavas.html.
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Call For Nominations: Alumni Society Board
Nominations are now being accepted by the Smeal College Alumni Society Board for its Alumni Service, Alumni Diversity and MBA Distinguished Achievement Awards, as well as for alumni to serve on the board. More information on the awards and a nomination form are available at http://www.smeal.psu.edu/alumni/nominate.html. Nominations must be received by February 20. To nominate yourself or someone you know to serve on the board, forward the name, contact information, and professional background of the nominee to alumni@smeal.psu.edu prior to March 11.
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Former MCI Executive Talks Business Ethics With Smeal Students
Walt Pavlo, a former senior manager at MCI who served two years in federal prison for wire fraud and money laundering, delivered an address detailing his ordeal on Jan. 30 to an audience of Smeal students. At MCI, Pavlo, a member of his staff, and a business associate outside the company defrauded several MCI customers resulting in $6 million in payments to the Cayman Islands. Pavlo now shares his cautionary tale on business ethics with audiences at business schools and corporations around the country. For information about other Smeal events and lectures, visit http://events.smeal.psu.edu/cgi-bin/calendar.cgi?CalendarName=Smeal.
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ISBM To Co-Host Marketing Conference In Atlanta
The 12th joint conference hosted by Smeal's Institute for the Study of Business Markets (ISBM) and the Center for Business and Industrial Marketing of Georgia State University will be held Feb. 7-8 in Atlanta, Ga. The theme for this year's conference, "Understanding Customer Needs and Managing the Customer Experience: End-to-End, B-to-B," is based on the results of the ISBM's biennial survey of B-to-B academics and practitioners, which identifies the top issues on the minds of marketers. More information on the conference is available at http://www.smeal.psu.edu/isbm/seminars/feb06.html.
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Xu Joins Operations Research Editorial Board
Susan Xu, professor of management science and supply chain management at Smeal, has been appointed to the editorial board of Operations Research, a leading journal in the field. Xu will serve on the board for three years as an associate editor, reviewing articles for publication and helping to attract the best research to the journal. For more on Xu's new position, visit http://www.smeal.psu.edu/news/releases/jan06/edboard.html.
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Media Round-Up
Members of the Smeal College faculty are contacted regularly by the world's news media. In January, faculty members were featured in media outlets such as the Wall Street Journal, the New York Post, the Associated Press, and Reuters. For a more complete list, please visit http://www.smeal.psu.edu/news/innews/index.html.
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Programs and Events
Penn State Executive Programs is currently accepting reservations for its upcoming programs. Please visit http://www.smeal.psu.edu/psep/date.html for more information or click the links below for some of the specific programs being offered.
March 19-24
Designing and Leading Competitive Supply Chains
http://www.smeal.psu.edu/psep/dlsc.html
March 26-31
Leading With Impact: Aligning Organizations For Performance
http://www.smeal.psu.edu/psep/lwi.html
April 3-7
The Enterprise Technology Strategist: Aligning IT & Business Strategies
http://www.smeal.psu.edu/psep/eets.html
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