B&E Department News and Events
November Accounting Meet & Greet Features Cost Accountant
Andrew Ware (MC ‘13) spoke at the November Accounting Meet & Greet on the 20th. Ware serves as cost accountant at Carr Concrete in Waverly, WV.
Ware talked about the advantages and challenges in the world of manufacturing accounting, and differences he has experienced working for both publicly traded and private corporations.
Pictured, Ware (left) chats with some of the Meet & Greet attendees, Nathan Morris (center) and Kenneth Snodderly (right).
Mngt 225 Students Visit With Brazilian Manager
Alexandre Franco, Marietta College's first exchange student from the Methodist University of Piracicaba (Brazil) in 2003, returned to campus on November 19 to talk with students in Mngt 225 - Business in Global Contexts. His, however, was not an ordinary visit but a Skype conversation. Students in the course were glad to have the opportunity to interact with Alexandre for an hour, discussing topics related to the environment of multinational corporations and Brazilian domestic companies, production outsourcing, human resources, and leadership.
In the years since his Marietta days, Franco worked for global giants Caterpillar and IBM. Presently, he is operations and human resources manager at Ibirapuera Textil in Americana, Sao Paulo State, Brazil.
Professor Grace Johnson, instructor for Mngt 225, uses Skype to connect her students with alumni and others working in distant locations. "Unless someone lives within an hour's drive of Marietta it becomes a challenge to arrange for guest speakers to visit and share their expertise with students," says Johnson. "Video seminars allow my students to reap the benefits of being with the speaker despite our remote location in southeast Ohio."
Pictured, students listen to Franco's introductory remarks.
Accounting Seniors Honored by WV Society of CPAs
Accounting seniors Emily Kochevar, Cameron Smith, and Morgan Spradling were recognized by the Parkersburg Chapter of the West Virginia Society of CPAs at its November dinner meeting. The three seniors were honored for their academic achievements and accounting internship experiences. After the dinner, members of the Society leadership team talked with students about the CPA profession. Professor David Mead accompanied the students to the dinner.
Pictured, Kochevar and Smith share a few laughs with several members of the Parkersburg Chapter of the WVSCPA before dinner.
Fall Internship Poster Session a Success
The lower level of Thomas Hall was filled with students, friends, faculty, and employers as the Department hosted its semiannual internship poster session on November 9, 2015. More than 30 students participated in the poster session to explain work done during summer and fall internships.
The Business & Economics Department's internship program is designed to enrich the educational experience of students by placing them into a business environment. This environment provides practical experience along with an opportunity to observe and apply concepts learned in the classroom. Poster sessions are the means by which interns communicate their experiences and reflections with student peers, faculty, administrators, and interested community members.
Pictured, Dr. Duong Le (Finance) chats with Nathalia Ferreira about her international business internship.
Fazio Earns Terminal Degree
John Fazio, assistant professor of management, recently was awarded his doctor of business administration degree from Nova Southeastern University.
The topic of Fazio's dissertation is The Interaction of Perceived Organizational Support and Emotional Intelligence: Mediated Moderating Effects on Work Outcomes. The purpose of his research was to explore a conditional process through which the perception of organizational support relates to workers’ intention to quit and performance. These relations were expected to be indirectly effected by workers’ levels of job satisfaction and organizational commitment, and buffered by workers’ levels of emotional intelligence, such that the relations would be weaker for employees possessing higher levels of emotional intelligence. Results of the data analysis indicated that job satisfaction and organizational commitment did partially mediate the relation between perceived organizational support and intention to quit, and that emotional intelligence moderated the indirect effect of job satisfaction upon the organizational support and intention to quit relation. According to Fazio, "these findings suggest that the effect of emotional intelligence upon common organization constructs may be incremental and supplemental, and more proximal to the job context".
Congratulations, Dr. Fazio!
Marathon's McAfee Visits Department
Dr. George McAfee, Head of Commercial Development, Marine Transportation, Marathon Petroleum Corporation, spoke with business and leadership students on November 5, 2015, about his experiences working for global companies. Students learned about the importance of building relationships and being a clear communicator, regardless of the type of work or nature of business they will find themselves in.
McAfee has worked for Marathon Petroleum since 2007. He was on staff at Cooper Tire & Rubber Company from 1999 to 2007, and Harris Corporation (formerly GE Solid State) from 1988 to 1999. Dr. McAfee holds a Doctorate in International Business from California Intercontinental University, an MBA from University of Findlay, and a BS in Electrical and Computer Engineering from Bowling Green State University. He is an officer and director for The Partnership for Excellence (OH, IN, and WV region) of the Malcolm Baldridge National Award for Performance Excellence.
Pictured: McAfee chats with two B&E students after his Q&A.
Bloomberg TV Makes Its Debut on Campus
The Department is excited to announce that Bloomberg Television, the globally focused 24-hour business and financial news channel, is now streaming live in the B&E Reading Room (Thomas 123). In addition to Bloomberg TV, several other business and B&E-related channels are available. Watch for new ones to arrive soon!
Thomas Hall Departments Host 2015 Homecoming Open House
During the 2015 Homecoming weekend, the Departments of Business & Economics, English, History, Philosophy & Religion, Modern Languages, and Political Science held an open house to welcome alumni to campus. Department faculty enjoyed seeing alums and their families, Emeriti professors, and each other during the event.
October Accounting Meet & Greet
October's Accounting Meet & Greet featured Lori Fausel and Austin Power from CPA firm Novogradac & Company. The pair discussed the benefits of working at a smaller national firm with a niche specialty tax and audit practice.
Fausel and Power also joined Career Center director Hilles Hughes and professors David Mead and Grace Johnson for a working lunch to discuss internship and fulltime interviewing opportunities. The firm, with 21 offices in more than 15 states, operates three locations in Ohio.
Hester and Spradling Featured Speakers at September Meet & Greet
Public Accounting seniors Caleb Hester and Morgan Spradling were the guest speakers at the first Accounting Meet & Greet of the 2015-16 academic year. Both took fulltime accounting internships during the Spring 2015 semester: Hester with PwC in Columbus, Ohio, and Spradling with Caterpillar, Inc. in Peoria, Illinois. They shared their stories of searching and interviewing for these internships, and working as fulltime staffers alongside other experienced accounting professionals.
Accounting Meet & Greet events offer venues where Marietta College accounting students can interact with accounting and business professionals in a relaxed, business casual setting. Meet & Greets are scheduled monthly throughout the school year.
The first PioPitch presentation of the academic year takes place on September 17, in Thomas 124, from 4:00pm-5:00pm. Dr. Jane Cases and Brad Keller will describe their business activities and seek feedback from participations about ways to improve their businesses.
PioPitch gives students and Marietta community members an opportunity to engage in conversations with new and established entrepreneurs in an informal, relaxed environment where they can find a source of inspiration and learn about the steps and challenges involved in turning ideas into actions. Apply to be a presenter for a future PioPitch meeting or learn more about the program at PioPitch.
ERT Shares 2015-16 Lineup of Speakers
The Economic Roundtable of the Ohio Valley announces its program of speakers for the 2015-16 season. Aside from a chance to hear and meet outstanding speakers, the ERT provides a valuable networking opportunity for members and students within the local business community.
- Dr. David Grusky, Professor of Sociology at Stanford University, "The Death of the American Dream?" (September 15, 2015)
- Dr. George McAfee, Commercial Development Manager, Marine Division, Marathon Petroleum (November 4, 2015)
- Catherine Austin Fitts, President, Solari, Inc. (January 27, 2016)
- Dr. Vernon Smith, Professor of Economics, Chapman University, Nobel Prize in Economics (February 23, 2016)
- Ken Walsh, Chief White House Correspondent, U.S. News & World Report (April 12, 2016)
The Economic Roundtable promotes an interest in and enlightens its members and others in the community on important governmental, economic, and social issues. Each year, several outstanding speakers are brought to the Mid-Ohio Valley to speak to the membership and classes at Marietta College on current issues of interest.
Welcome Professor Spencer Izor
The Department of Business & Economics welcomes Professor Spencer K. Izor as visiting assistant professor of Sport Management. She received her Juris Doctorate from the University Of Dayton School Of Law. Upon graduation from law school Professor Izor knew she belonged in athletic department and not a court room. Her time as a Division I softball collegiate athlete, studies and career experience in athletics has given her a great sense of how to cater to the educational needs of students, particularly in the area of sport administration. As a former Assistant Director of Athletic Administration at Miami University in Oxford, Ohio, she found herself wanting to work more closely with students and share her knowledge and first-hand experiences of what to expect as a future sport administrator. After receiving approval from the Director of Athletics at Miami she pursued a dual appointment as an Athletic Administrator and an Adjunct Professor in Sport Leadership. The one on one time that she spent with students in the classroom, has thus far, been the most rewarding part of her career.
Johnson One of Three Authors of Korean Accounting Textbook
Grace Johnson, McCoy Professor of Management and Accounting, celebrated the publication of her textbook IFRS Principles of Accounting with Key Words in Korean on July 20. Co-authored with Soon Suk Yoon of Western Illinois University and Kim Hyo-jin of Jeonju University, the book is now in its third edition. A highly popular accounting textbook at Korean universities, Johnson was invited to join its author team in 2014.
“The Yoon-Kim text is particularly valuable because many key Korean universities teach some or most of their courses in English,” Johnson said. “For Korean students to land top jobs after graduation they must demonstrate strong English skills. Our book is one tool in a student's toolkit to help the student reach this goal. I am very honored to be part of the writing team for a text as highly regarded as this one.”
Coincidentally, Johnson was working in Korea when the book was released and personally accepted her copy.
Johnson has published four other textbooks since 1994: three accounting texts and one on management information systems.
(Photo courtesy of Robert Mroczynski)
Three B&E Faculty Teach in Asia
Dr. Greg Delemeester, Professor Grace Johnson, and Dr. Jackie Khorassani spent parts of their summers offering courses in China and South Korea.
Delemeester and Khorassani were among six Marietta College faculty and staff members teaching at our sister institution, the University of International Relations, in Beijing, China. It was the second straight summer that Delemeester and Khorassani taught economics at UIR. While in Beijing, the MC faculty members were able to meet up with former students and MC alumni living in the area, and did some sightseeing as well.
Johnson taught at Kyungpook National University in Daegu, South Korea. Her course, Financial Statement Analysis, was among 11 courses offered through KNU's Global Summer School. In addition to teaching undergrads, she presented two workshops to master's and doctoral students in the Department of Accounting. Johnson had the opportunity to take basic Korean language lessons, visit historic and business sites in the southern part of the country, and interact with the other visiting professors during the four-week summer session.
Lazorik Retires; Khorassani New Department Chair
After a 38 year career in higher education, Associate Professor Debbie Lazorik retired effective May 8, 2015. Lazorik served as the Chair of the Department of Business & Economics for the past two years. Beginning on the same date, Dr. Jacqueline Khorassani becomes chair of the department.
While Lazorik is looking forward to her retirement she has agreed to continue in the position of internship coordinator for the Department through the 2015- 2016 academic year.
We extend our congratulations to Professor Lazorik on her retirement and best wishes to Dr. Khorassani in her new role!
Spring Interns Present Posters at All Scholars Day
Twelve department students delivered their internship poster presentations at the April 15, 2015, All Scholars Day events. Poster sessions are the means by which interns communicate their experiences and reflections with student peers, faculty, and administrators. Pictured, l. to r., Maddie Griffiths, Katherine Johnson, Candace Alexander, Regina Collette, and Alex Cavanagh take a break during the All Scholars Day poster session.
Department Recognizes Scholarship Winners
On April 15, 2015, the Department of Business & Economics presented awards
to 14 students at the Marietta College Spring Honors Convocation and banquet. Faculty and
honorees celebrated student academic accomplishments. The Department congratulates the following students receiving
|Brianna Finck and Taylor Walker||Jules Bourmorck and Julia Staats Memorial Scholarship|
|Matthew Bush and Eric White||The Lewis-Riggs Business & Economics Scholarship|
|Ryan Lynn||Wen-Yu Frank Cheng Scholarship|
|Samuel John||Bob Duggan 59 Distinguished Scholarship|
|Tyler Irish and Dean Myers||Bert T. Glaze Scholarship|
|Caleb Hester and Morgan Spradling||Edward H. Osborne Scholarship|
|Ashley Jesser and Emily Jones||Jack E. Prince Scholarship|
|Tyler Butler||William M. Summers Memorial Scholarship|
|Matthew Mock||The Ford Rinard Memorial Scholarship|
Johnson Presents at ASIANetworkProfessor Grace Johnson presented her paper, "Master Yang and the Tibetan-Qiang Embroidery Center: Protecting Cultural Heritage and Continuing the Tradition", at the 2015 ASIANetwork annual meeting in St. Louis, Missouri, April 10-12, 2015. Her work, co-authored with Ha Shiling, of Chengdu, China, presents a business ethnography of Master Yang Huazhen, whose dual emphasis on improving the livelihoods of village families devastated by the Great Wenchuan Earthquake of 2008 and preserving and nurturing ancient cultural handcrafts has reached a key turning point. How can younger women be encouraged to turn to embroidery as an income-generating activity? And is it the public or private sector that bears responsibility for protecting ancient traditions?
ODE Welcomes New Members at Spring Ceremony
On April 7, 2015, Omicron Delta Epsilon (ODE), the international economics honorary, inducted four new members: Donald Burton, Mengjia Chen, Daiyi Li, and Eric White. Created in 1963, ODE recognizes economics students' academic achievement and seeks to foster close working relationships between economics professors and students. Pictured at the induction ceremony (l. to r.) are Dr. Khorassani, Burton, Chen, Li, and Dr. LaSalvia.
Marietta Teams Participate in Tau Pi Phi 2015 National Case Competition
Over the weekend of March 27-28, four B&E Department students participated in the annual Tau Pi Phi national business case competition in Pittsburgh, Pennsylvania. Marietta's two teams consisted of Brett Burns and Christian Long, and Katherine Johnson and Emily Jones. Professor Julie Harding accompanied the team to Pittsburgh.
Katherine Johnson, a management major/human resources minor, said about the case competition, "I really enjoyed how fast-paced our days were, which always kept Emily and me on our toes. Although we didn't take home the prize, it was a valuable experience to show the judges how we would go about solving a business problem and receiving feedback from them on what we did well and how we can improve."
Established in the 1950s, Tau Pi Phi is a national business honorary society that sponsors a case competition annually. Any current Tau Pi Phi member is eligible to form a team for the 2016 Case Competition. Contact Tau Pi Phi advisor Professor David Mead for more details about membership in the honorary and the case competition.
Chicago Welcomes Johnson, Le, and Mead
Three department faculty - Professor Grace Johnson, Dr. Duong Le, and Professor David Mead - presented their work at the MBAA International conference in Chicago, March 25-27, 2015. Johnson and Mead, along with Dr. Soon Suk Yoon of Western Illinois University, led a roundtable discussion on the topic of sustainability reporting. "Three Perspectives on the Value and Relevance of Sustainability Reporting" delivered a point-counterpoint review of the benefits derived from sustainability reporting compared to the costs of producing the report and its relevance to investors and capital markets. The third viewpoint shared international trends in sustainability reporting, including examples from Japan, China, South Korea, India, and the European Union.
Le's research, "Relationship Between Crude Oil Prices and the U.S. Dollar Exchange Rates: Constant or Time-Varying?", examined connections between the price of oil and exchange rates for the dollar over a 15-year period. Her paper found significant evidence of a time-varying correlation between crude oil prices and value of the U.S. dollar. Since 2002, changes in the dollar's value tended to have a negative impact on crude oil prices. However, crude oil prices were also impacted by other factors, such as global supply and demand dynamics or institutional arrangements, which were independent of the dollar value.
MBAA International is the umbrella organization for the 12 disciplinary associations that meet at this annual conference. Johnson serves on the board of directors of the North American Accounting Society and is its webmaster. She also is a newly appointed member of the MBAA International's Advisory Council.
Bank of America CEO Visits Campus
Brian Moynihan, CEO of Bank of America, returned to his hometown to speak to the Economic Roundtable of the Ohio Valley on March 24, 2015, at the Lafayette Hotel. Earlier that morning, B&E's Professor David Mead moderated a “fireside chat” with Moynihan on topics including Moynihan’s career path, the financial crisis of 2008, and the future of the banking industry. Moynihan was also presented with the Mister Mac award from Dr. Gama Perruci on behalf of Marietta College’s McDonough Center for Leadership and Business.
Pictured above (l. to r.) are Dr. Greg Delemeester, Moynihan, Dr. Gama Perruci, and Professor David Mead at the ERT luncheon.
Inaugural PioPitch Meeting Draws a Crowd
PioPitch, a venue for entrepreneurs to present their experiences and ideas and receive feedback on how to start, expand, or improve their businesses, had its inaugural meeting on March 19, 2015. Doug Kreinik, owner of Kreinik Mfg. Co. in Parkersburg, West Virginia, and Alina Kielbasa & Tyler Baltzell, Marietta College seniors, pitched their ideas at the meeting. Kreinik manufacturers metallic braids and silk, and carries various embellishments used by textile enthusiasts in needlepoint, weaving, sewing, quilting, scrap booking, crocheting, cross stitching, costuming, knitting and fly fishing. Kielbasa & Baltzell have established a “Pull Out” Program that aims to reduce electricity costs at colleges and universities and increase student awareness of energy use through innovative technology.
PioPitch also gives students an opportunity to engage in conversations with new and established entrepreneurs in an informal, relaxed environment where they can find a source of inspiration and learn about the steps and challenges involved in turning ideas into actions.
Economics Major Presents Capstone Research at Akron Conference
Senior economics major Daiyi Li presented her economics capstone paper at The Committee for Research on Women and Gender’s 7th Annual Conference at the University of Akron, March 6-7, 2015. Li's paper, "The Puzzle of Adolescent Fertility Rate: A Panel Data Study", examined worldwide average adolescent fertility rates from 2002 to 2012. While most countries experienced a decline in the rate, some countries such China and Canada experienced increases. Her study used a panel data set consisting of 59 countries in the years 2002 and 2012 to estimate two regression equations.
Pictured above, Li during her presentation. Congratulations, Daiyi!
31st Annual Milton Friedman Lecture Brings Dr. Betsey Stevenson to Campus
Dr. Betsey Stevenson, a member of the White House Council of Economic Advisers, delivered the 31st annual Milton Friedman Lecture "The Labor Market in the Recovery: Achievements, Challenges, and Opportunities" on March 2, 2015. Photo courtesy of Ryan Turnewitsch.
On leave from the University of Michigan’s Gerald R. Ford School of Public Policy, Stevenson is a Fellow of the Institute for Economic Research in Munich and has served on the Board of Directors of the American Law and Economics Association. She served as the Chief Economist of the US Department of Labor from 2010-11, and has taught at the University of Pennsylvania’s Wharton School and Princeton and been a visiting scholar at the Philadelphia and San Francisco Federal Reserve Banks. A labor economist, Stevenson has published widely in leading economics journals. Her research examines the impact of public policies on the labor market, with a focus on women’s labor market experiences, the economic forces shaping the modern family, and the potential value of subjective well-being data for public policy. Stevenson received a Bachelor of Science from Wellesley College and an Master of Arts and Ph.D. in economics from Harvard University.
While in Marietta, Stevenson also spoke at the monthly meeting of the Economic Roundtable of the Mid-Ohio Valley.
Spring Semester Chinese Visiting Faculty
The Department of Business & Economics welcomes Dr. Bin Liu and Dr. Kunqiang Qian, two visiting scholars from the University of International Relations in Beijing, China. Dr. Liu is teaching a course on China’s Economic Development and Global Interaction; Dr. Qian will be holding seminars on American/English literature from a Chinese perspective.
Pictured above, Drs. Liu and Qian with President Bruno and other guests at a welcome reception for the visiting scholars.
Department Professors Honored at Founders Day
Professors Grace Johnson and David Mead were recipients of awards at the 180th Founders Day ceremony on February 12, 2015. Professor Johnson received the 2015 Research Award for the publication of her textbook Fundamentals of Accounting Information Systems: An Internal Control Approach. Professor Mead was honored with the 2015 Advising in the Major Award, presented to a Marietta College academic advisor for excellence in advising students in their majors. Congratulations!
PioPitch Program Launches in March
PioPitch, a program to give students an opportunity to hear from new and established entrepreneurs, comes to Marietta College in March 2015. Set in an informal and relaxed environment, the program offers a venue for local entrepreneurs to share information and seek feedback on how to start, expand, or improve their businesses. It is hoped that this connection among educators, experts, and other members of the community will foster idea exchanges around the theme of business and entrepreneurship.
This semester's meeting dates are March 19 and April 9, from 4:00pm-5:00pm in Thomas 124. Light refreshments will be served.
PioPitch meetings are free and open to the Mid Ohio Valley community. Contact Dr. Jacqueline Khorassani by e-mail (Jackie.email@example.com) or phone (740.376.4621) for more details. You also can visit the PioPitch website.
Alumna Profile: Amanda Cross Clark (MC '97)
After graduating from MC in 1997 with a degree in International Business and French, I worked for about two years for a venture capital investment firm. I knew my interests were more geared towards international affairs and how that impacts US policy, so I went back to graduate school at the University of Pittsburgh and received my master's degree in Public and International Affairs with an emphasis in international political economy in 2000.
I worked in the private sector in international trade for about 11 years. I worked for Limited Brands as a customs compliance specialist where I received my U.S. customs broker's license. I also worked for Expeditors International, a global freight forwarding and customs brokerage company, where I held numerous positions, including process improvement manager, corporate account manager, and trainer.
Throughout my years in the private sector, I felt most at home training people, whether it be internal employees or external customers. I have loved school since kindergarten and I had always dreamed of getting my PhD someday and teaching at the college level. In 2012, I started that journey and am currently in my 3rd year at Kent State University in the graduate program in the political science department. My main focus is transnational politics and policy. My dissertation topic relates to how non-governmental organizations frame their messages to the public and policymakers on the topic of human trafficking. I recently had my first academic publication, a book chapter about the 1960 Nashville student sit-in movement.
Digital Monitors Make Their Debut
Something new is adorning the walls of the Department of Business & Economics! Two large flat screen digital monitors have taken up residence in the B&E Reading Room and main entryway. Funded through gifts from alumni and other donors, the Department acquired one 55" and one 65" digital monitor. The smaller monitor sits in the Reading Room and streams Reuters Business News Live Online (pictured), while the larger monitor serves as an information station in the entryway to the Department.
Tau Pi Phi Inducts New Members
Eleven students were inducted into Tau Pi Phi, the national business honorary, in a ceremony held on February 3, 2015. Officers for the 2014-2015 academic year were elected by the membership: Caleb Hester, president; Lauren Morain, secretary; and Kate Reid, treasurer. A reception was held afterward to celebrate the students' achievements. Congratulations to all of the students: Donald Burton, Brittany Curry, Ann Goolman, Tammy Holshu, Katherine Johnson, Emily Jones, Daiyi Li, Christian Long, Lauren Morain, Kate Reid, and Eric White. Pictured are some of the new inductees at the ceremony.
B&E Team Participates in 2015 Peoples Bank Case Competition Marietta College was one of seven schools participating in the annual Peoples Bank Case Study Competition on January 30-31. Mollee Brown, Brett Burns, and Donnie Burton were chosen by members of the Department to serve on the team. Dr. Duong Le worked with team members as their faculty advisor. The Department congratulates and thanks all four for their preparation and work in representing Marietta College at the competition.
January Accounting Meet & Greet Welcomes Becker Professional Education
On January 27, 2015, Professors Grace Johnson and David Mead, along with about a dozen accounting and public accounting majors, enjoyed an afternoon of conversation on the CPA examination and exam preparation with Becker Professional Education's Amy West. West presented a thorough overview of the exam and its parts, steps to register to sit for the exam, and basic information about the Becker CPA review program. Students Andrew Billingsley, Emily Kochevar, and Aaron Tice won door prizes.
Professor and Students Publish Research on Internal Control and Fraud
Professor Grace Johnson and accounting majors Brittany Kidd (MC ‘15) and Rachel Hartong (MC ‘14) published the results of their research on public sector internal control weaknesses in the Winter 2014 issue of the Journal of Government Financial Management. Examining 74 cases of reported public sector employee fraud, the article identifies the three most common internal control weaknesses and suggests ways to reduce the incidence of fraud in public sector entities.
Fall 2014 Economics Capstone Projects Six students presented the results of their semester-long economics capstone research projects on December 4, 2014. Donnie Burton, Payton Blair, Zipeng Victor Dong, Daiyi Li, Shaoze Gibson Qi, and Mollee Brown worked with economics capstone advisor Dr. Jackie Khorassani on a variety of empirical studies. The capstone project descriptions can be accessed here.
Last updated: 21-November-2015, B&E Department webmaster