Subject to change
June10 WilliamsQuantitativeFinanceConference (Tulsa)
July20-25 ExecutiveEducationPartnershipProgram: APremierProgramforBusinessand Government(Tulsa)
Oct./Nov. TulsaBusinessForums(Tulsa)
Nov.12 EconomicOutlookConference(Tulsa)
Nov.14 FinancialReportingConference(Tulsa)
Nov. ExecutiveManagementBriefings (OklahomaCity)
2003 HappyAnniversary! BUSINESSEXTENSION - Celebrating50years ofexecutive,managementdevelopmentand servicetothecommunity(1953-2003)
For the past nvo years, the College of Business Administration (CBA) has been working towards recognition as a top-50 business school. I am pleased to announce progress: U.S. News and World Reportrecently ranked our Master of Business Administration (MBA) as 61st in the nation.
We achieved this breakthrough by taking a realistic look at ourselves, recognizing what we do well, making improvements where necessary and being bold enough to implement initiatives that provide a better education for our students. However, competition is fierce; there are more than 1,000 graduate business programs nationwide. In our own conference alone four schools are ranked above us, so we have plenty of motivation for continued improvement. We are proud of this progress-despite state budget reductions and a slow economy.
On behalf of the College, I wish to express our thanks to you. As alumni and friends, your continued interest and support directly contribute to our ability to attract top faculty and students, to secure important grants and to provide a challenging and rewarding environment for learning.
Back row (left to right)
Pam (Krittenbrink) Yuhnke ('73), Rebecca (Krittenbrink) Schnaithman ('82), Janet Freudenberger ('91 ), Mark Snyder ('02), Janice (Worthington) Lisko ('79), Kyle Thompson ('81) and Charlie Eitel ('71 ).
All College of Business Administration academic programs are accredited by AACSB International (Association to Advance Collegiate Schools of Business International), which means they meet or exceed established standards for business schools internationally.
Honoring: Dean James R. Lumpkin (middle) joins CBA honorees (left to right) Chad
Clay, Tom Tracy,
K.O. Dixon and
Gene Batchelder
(Page 3)
Generous: Meet Mita Young
(Page 10)
College Highlights: Dr. Rathindra Sarathy's (MSIS)
research gains
international attention
(Page 13)
As a business professional E. L. "Gene" Batchelder ('69) is regarded as something of a jack-of-all-trades. While at Phillips the accountant has made a career of turning around troubled departments-including auditing, marketing and computing.
In short, he is respected for his intellect, boundless energy and drive to make a difference at work. He gives that same energy to the community through his service on various boards.
In his 30-year career, he has served as president of Phillips Driscopipe, Inc. and senior vice president and chief financial officer of GPM Gas Corporation. He is now the chief information officer for ConocoPhillips.
His father, Arley Batchelder, was the first in his family to earn a college degree-in accounting. He stressed the importance of getting an education to Gene and his brothers, David and Russell. All three followed his lead and earned degrees from OSU. Gene gave the same advice to his children: "I want you to go to school. I don't care which one although I would prefer you go to OSU."
Besides his love of education, Gene is an OSU sports fanatic. His children swear they attended every sporting event held at OSU during their childhoods. Gene may be as far from the stereotypical pencil-pushing accountant as one can get. Known for a dry sense of humor and outgoing personality, he is best known for throwing parties and inviting the whole town.
His son, Chris, who works for the OSU Foundation, has had the opportunity to work with his father on various OSU committees. Chris says it has been awesome to see the respect others have for his father and to see how proud Gene is to be able to give back to the University and the College of Business Administration.
- Sherry Fletcher
Some people have vision, a vision of what they want out of life. Kenneth "K.O." Dixon ('60) is one of those people. He knew he wanted to go to college and earn a business degree. While he made lifelong friends in his fraternity, Sigma Nu, he was determined to become a successful businessperson. After receiving his business administration degree, K.O. took over the family's Honey Creek Ranch ( which raised prize-winning Herefords), and by 1968 he was assistant manager of another family businessOlin-Dixon Inc., a manufacturing company in Coffeyville, Kan.
By 1972, the farm was sold and the manufacturing company shut down. K.O. began researching business opportunities. While he didn't know anything about lawn mowers, he was shrewd enough to recognize the possibilities of a particular patent he discovered. Quickly developing a vision and a practical plan, K.O. was back in business in the Coffeyville plant by 1·973 as founder and president of Dixon Industries, manufacturer of Dixon ZTR Riding Mowers.
During the next two decades, qualities that were evident early on to his fraternity brothers served him well. When asked to describe K.O. everyone says the same thing: He has integrity; he is honest; and he treats people right. Couple those qualities with his incisive and considerable business skills and throw in his sly, dry sense of humor, you have a highly sought-after community servant. K.O. has served on various boards of directors including the Coffeyville Regional Hospital and the NationalBank of Kansas. He also was selected to be chairman of the board for the national Outdoor Power EC{\.JipmentInstitute.
Besides working hard to balance family and work obligations, K.O. achieved a lifetime dream a couple of years ago-------theavid golfer made a hole-in-one.
- Sherry Fletcher
Thomas "Tom" K. Tracy ('61) graduated from OSU with a degree in business administration, but earning an education wasn't his initial goal: What he really came to OSU for was to play baseball. However, it was the degree in business that paid off in the long run.
Tom began his career as a supply officer in the U.S. Navy, but by 1966 he joined the brokerage firm of Goodbody & Company. Shortly thereafter, he made the move to join another brokerage firm, Robinson-Humphrey, as a branch manager in Macon, Ga. This proved to be the beginning of a long, successful career. Today, Tom is chairman of the board and chief executive officer of Sun Trust Robinson Humphrey Capital Markets. Before the two companies merged both were southern institutions that had been in business for more than 100 years each.
Those in Tom's Atlanta office say he is great to work with. He must bemany on his staff have been with him for twenty years. They say: He is direct, knows what he wants and commands respect. But what impresses them the most is that he believes everyone should enjoy their work, so he does what he can to make their jobs pleasant, rewarding and enjoyable.
It is that caring, outgoing attitude that Tom brings with him to the numerous boards and committees on which he serves. He currently devotes considerable time to both the Advisory Board of Goizueta BueyinessSchool at Emory University and the Atlanta Chapter of the American Heart Association.
When you visit the former Cowboy pitcher's office, you have to go through his impressive signed baseball collection-Hank Aaron, the Atlanta Braves, various OSU Cowboy teams. Tom made lifelong friends in Stillwater with his teammates and his fellow fraternity members.
(For more about Tracy turn to page 6.)
~ Sherry Fletcher
Five years after his graduation from OSU, Chad J. Clay ('89) became the CEO of his own company that has become the second largest oil spill control and containment supplier in North America with revenues of $20 million per year.
Chad's rise to success was somewhat planned. After graduation, Clay intentionally looked for an industry niche that was growing one that had real opportunities for promotion and compensation.
He took a job with a company in Chicago that offered him that industry
niche combined with the environmental field-an industry hot button. He had soon identified a product that wasn't being sold like it should and managed to do quite well in marketing it.
As he considered starting his own business, the thought of failure may have crossed Chad's mind but only long enough to convince him that if he was going to fail- he was going to do it on his own terms. Complete Environmental Products was born in Houston and now has branch offices in five other major cities nationwide. It was rece~tly named one of the top 100 fastest growing companies in Houston.
Although Chad is now an owner and investor in several other companies as well, he is sold on the importance of getting a good education. Chad insists that the education he received at OSU has become a valuable tool that has been critical to his success.
~ Jim Mitchell of Business Administration have distinguished effective leadership, to their communities
To nominate someone for the Hall of Fame or the Outstanding Young Alumni Award, contact us at (405) 744-8617, osu-cba@okstate.edu or visit www.bus.okstate.edu.
MBA Pro ram Office
102 Gundersen
Stillwater. OK 74078
Phone: 405-744-2951
Fax:405-744-7474
E-mail: mba-osu@okstate.edu
Web: mba.okstate.edu
U.S. News and World Report ranked the Master of Business Administration (MBA) program in the College of Business Administration 61st in the nation. While Dr. James R. Lumpkin, CBA dean and Richard W. Poole Professor, is pleased with the progress the ranking signifies, he wants the faculty to view it more as a "stepping stone" to an ultimate goal.
"We're committed to our vision of attaining top-50 status for both the undergraduate and graduate programs by 2010. This ranking is a sign that we're headed in the right direction," he says.
There are roughly 1,000 graduate business programs and 3,000 undergraduate business programs nationwide. That means the CBA's first-ever ranking by the magazine-coupled with an undergraduate ranking of 91st overall-puts both its graduate and undergraduate programs well within the top-ten percent in the U.S. However, Lumpkin notes the competition is fierce. "In our own peer group, the Big XII Conference, four schools were ranked above us, so we have plenty of motivation for continued improvement."
According to Lumpkin, the high ranking from U.S. News and World Report is the direct result of "benchmarking against the best _MBA programs nationwide and setting specific goals for improving our own program."
Dr. Ken Eastman, who was director of the MBA program and is now the head of the Department of Management, agrees that the benchmarking proved invaluable. "We knew we had a program in place that met or exceeded those offered by the top MBA schools, and it was largely a matter of setting higher achievement standards to better reflect the value of our program."
Eastman says once the new standards were in place, the improvements quickly followed. "Our job placement rates were already good, but now there are only six schools nationwide that have a higher rate than we do."
Continuing the progress began by Eastman is the new MBA director, Dr. Robert S. Dooley, who says, "We're currently researching exactly where our MBA grads are being placed and what we can do to ensure the quality as well as the rate of that placement."
The CBA has implemented an integrated marketing plan to tell various stakeholders about the quality of its programs-several of which regularly receive national acclaim-high-profile grants and honors that enhance the College's national reputation. "We have a solid core of outstanding faculty that excels in both the classroom and in research with an established track record for success," says Lumpkin, who mentions programs in telecommunications and information systems management, as well as an innovative new degree in risk management.
The Dean's list of "enhancers" includes several recent additions such as the Institute for Research in Information Systems (IRIS), the CBA Trading Floor to support the risk management component and a cooperative effort between CBA's Master of Science in Telecommunications program and other OSU colleges to start the Center for Telecommunications and Network Security Management (CTANS).
COMMITMENT
Lumpkin makes it clear that the College of Business Administration is committed to moving up in the national rankings. "If we didn't think we had the potential to be ranked in the top-SO business schools, we wouldn't have accepted this vision for the College. We know the potential is here; if we stick to our vision and continue to improve our performance, we will reach that goal, and reach it early."
~ Jim Mitchell
The high ranking from U.S. News and World Report is the direct result of "benchmarking against the best MBA programs nationwide and setting specific goals for improving our own program."
Dr. Robert S. Dooley
MBA Director Associate Professor of Managament Glenn M. Stinchcomb Family Professor
Simmons is the world's number one name in bedding-with $1 billion in worldwide sales and the number one market share in accounts where it does business.
CEO Day is designed to allow students access to business leaders so they may explore the following concepts.
• Discover challenges and issues CEOs face
• Understand how CEOs charted their career paths
• Discover characteristics CEOs seek in managers
• Interact with successful CEOs
• Learn about CEO's decision processes and leadership styles
ChoicePoint has grown from the nation's premier source of data to the insurance industry into the premier provider of decisionmaking intelligence to businesses and , government.
Students and alumni alike charncteci,e the ficst annual CEO Day as a "terrific learning experience" that should make the event a regular for years to come in the College of Business Administration.
The chief executive officers (CEOs) involved insist they learned as much as the students from the experience. "One of my favorite quotes is that 'you learn what you teach,' and it was healthy for me, personally, to share stories with students about the mistakes I've made in my life. I wanted them to know it's okay to make a mistake when you learn from it, especially if it's a mistake that is the result of taking a stand to uphold something you believe in. I call that taking a stand for 'purpose or principal,"' says Charlie Eitel. He graduated from OSU in 1971 and now heads the bedding company Simmons.
Some of the students, like sophomore Tiffany Ehrhart from Dale, Okla., served as escorts throughout the day for each of the CEOs. Calling the experience "absolutely fascinating," Ehrhart says she was especially impressed by the CEOs' willingness to answer questions and to frame their jobs in realistic terms. "I received good insight and advice. They let us know that they're real people, and they did a good job of putting us at ease. This was a major experience; I really hope it will be an annual event," says Ehrhart.
The CEOs themselves expressed agreement that everyone in their profession must be willing to be held to the highest ethical standards, if they are to remove the image left by recent insider trading and other fraud scandals on Wall Street. They applauded new laws that will close certain accounting "loopholes" and called on their counterparts everywhere to join them to provide a workplace atmosphere that promotes accountability and honesty.
Tom Tracy, CEO and chairman of SunTrust Robinson Humphrey Capital Markets and a 1961 graduate, illustrated the ethics problems to students at an afternoon forum, noting that trouble often grows from relatively innocent beginnings. He pointed to those times that coaches or parents urge a little league baseball catcher to make a bad pitch look like a strike ball by catching it and quickly bringing his glove into the strike zone to try to fool the umpire.
Rod Dowling also participated in CEO Day. Dowling is president of Sun Trust Robinson Humphrey Capital Markets.
Tracy warned students against such a win-at-any-cost mentality. "Tricks are not acceptable. While behaving ethically in business at times may be difficult, you must demand it of yourselves and those who look to you to set the standard."
Noting that the recent scandals have affected the lives and jobs of thousands and continue to impact the stock market, Dennis Reilley with Praxair insisted that today's CEOs must be willing to do everything they do with the utmost integrity. "I think that is very important today because the actions of a few have cast a shadow on everybody else. It is important that the rest of us not only do the right things but let people see that we're doing the right things. That is the only way that we're going to help rebuild the confidence that has been pulled away from the market place as a result of what has happened," says Reilley, who graduated from OSU in 1975 with a degree in finance.
Asked to compare the students he encountered during the day to himself at that age, Reilley readily admitted that today's business majors are much better informed and better prepared. But as he put it, "They have to be because they're facing a world that is much more complex and much more competitive than the world that I faced when I left this institution."
Two CEOs who were not alumni also contributed their talents to make the day a success. Derek Smith with ChoicePoint joined Rod Dowling from SunTrust Robinson Humphrey Capital Markets in fielding questions from students. All the CEOs except Reilley came from the Atlanta, Ga. metropolitan area. Reilley's company is headquartered in Danbury, Conn.
~ Jim Mitchell
SunTrust Robinson
Humphrey Capital Markets is a full-service investment firm offering research, trading, sales and investment banking to corporations, institutions and individuals.
With annual sales of $5. 1 billion, Praxair, Inc. (NYSE:PX) is a global, Fortune 500 company that supplies atmospheric, process and specialty gases, highperformance coatings and related services and technologies.
CEO Day ended with the "Critical Issues Forum," which allowed students to ask the CEOs for their opinions and advice on today's issues.
CBA alumni and corporate partners believe in excellence. This past year saw several sizable gifts made to the Dean's Excellence Fund, including ones from alumni John Yeaman ('63) and Larry Bump ('64).
"The Dean's Excellence Fund gives alums like me an efficient and effective way of supporting the college," says Bump, who recently retired as CEO but continues to serve as chairman of the board at Willbros USA Inc., an international engineering and construction group based in Tulsa.
Bump began his career by managing major pipeline projects in the Middle East and says efficiency and effectiveness are essential to any business endeavor.
Yea1nan, a human resource management grad who is now president and CEO of the Dallas-based Tyler Technologies Inc., agrees: "The fund's great strength lies in its flexibility to address immediate needs that shouldn't be ignored just because they fall outside the range of dedicated dollars."
The following list highlights activities that were made possible because of the Dean's Excellence Fund.
• College publications, including the CBA Magazine
• Designs for renovation of current Business Building and a new Business Building
• Dean's Research Awards, which are awarded to faculty members who publish in the top journals
• Support for CBA conferences like the "Corporate Branding: Using Your Corporate Image for Business Advantage"
• Funding for students to attend the Black Student Government Association meeting
• Support that allows Dr. Greg Marshall to edit the Journal of Personal Selling and Sales Management
OSU alumni Carl D. ('70) and Marilynn (OSU '71) Thoma recently shared their business experiences with MBA students. Carl's background is in investment and investment counseling. Currently, he is managing partner of Thoma Cressey Equity Partners. Marilynn's main interest is Van Duzer Vineyards, a small boutique winery the couple owns. The Thomas met at OSU where both earned undergraduate degrees and continued their education at Stanford University.
The Department of Finance invited Joseph C. Hu (Ph.D. '74), managing director at Structured Finance Ratings at Standard & Poor's, to speak to more than 100 CBA students, including finance undergraduates in a portfolio management class. His topic was "Structured Finance: An Introduction," which was followed by a lively and informative questionand-answer session.
The Associates are loyal friends and alumni of the College of Business Administration whose support over the years has had a profound impact through annual giving, endowment support and other gifts restricted to the College. Individual, corporate and junior memberships, which offer superb networking opportunities, are for one year and can be maintained annually. Corporate matches are accepted. For information about The Associates, contact us at (405) 744-8617, osu-cba@okstate.edu or visit www.bus.okstate.edu.
State assisted, rather than state supported. This is the reality of higher education today. More than ever, your support is vital in assisting the College of Business Administration provide dynamic, high-quality programs that create tomorrow's business leaders. We are proud of our past; however, we are looking to a bold, new future - and we want you to be part of it.
- Dr. James R. Lumpkin, Dean Richard W Poole Professor
A charitablegift annuitymaybejust the solutionfor you.Giftannuitiescombinebotha charitablegift to the Collegeof BusinessAdministrationand a fixedannuitypaymentthatcan be paidfor oneor two lives.
Example:John,age75,donatesa maturing$10,000Certificateof Depositto OSU.Johnchosea one-lifecharitablegift annuitythat will pay him 7.30 percentor $730eachyear for life. Johnreceivesan incometax charitable deductionof $4003.63.
Witha marginalincometax rate of 30 percentthe tax savingsof $1,201 reducesthe net cost of the gift to $8,799.The secondadvantagehe will receiveis thatfor the next 12 years$500of his annuitywill be tax exempt. Thepartialtax-exemptincomeequivalentto $944of ordinaryincomemeans thatJohn'seffectiveannualrate of returnis 10.7 percent.
Fora personalillustrationof how a charitable gift annuity can benefityouandtheCBA,please contact Joe Haney, Senior Directorfor Development.
Phone:(405)744-8617
E-Mail:osu-cba@okstate.edu
Web:www.bus.okstate.edu
To continue our climb towards being ranked as one of the top 50 business schools, it is crucial that we have financial support to recruit the best graduate students. A by-product of building stronger graduate and doctoral programs is the positive halo effect it will cast over our undergraduate programs. Gifts to this fund will support graduate programs in the following areas: infrastructure (personnel, research information resources and physical space), curriculum enhancements (case competitions), scholarships (research assistantships, summer research grants and professional conferences) and industry linkages ( internship programs and corporate-sponsored research). While naming opportunities are available, gifts of any size will be appreciated.
The caliber of the CBA's educational strength and competitiveness is directly reflected by the quality of its faculty. Highly regarded in the academic world are those persons who hold endowed chairs and professorships. The presence of well-known professors on campus serves as a catalyst to both faculty and student enrichment. Private support is critical in helping to recruit to campus and retain the best and brightest faculty to teach students and to continue important research that will bring prestige to the CBA. Because only earnings of the endowment are used to support these positions, an endowed chair or professorship becomes a perpetual source of funding. Each chair or professorship may be named for or by the donor, linking forever that name with a position that will be occupied by a continuing line of distinguished educators and researchers.
There are two levels of endowed faculty positions:
1) Faculty Chair - Created through a donor gift of $500,000, equally matched by the state,* creating a $1 million endowment.
2) Professorship -Created through a donor gift of $250,000, equally matched by the state,* creating a $500,000 endowment.
* Gifts to endow a f acuity chair or professorship are matched by the State of Oklahoma.
You are invited to establish an endowed scholarship or fellowship to provide a continuing source of assistance for business majors. Besides making a positive impact on a student's future, an endowment is an enduring tribute to the person being honored. An endowed scholarship or fellowship may be established with a minimum gift of $10,000. (For related stories turn to pages 10 and 11 )
Dennis Reilley ('7 5) travels the world as chairman, president and chief executive c:: officer of Praxair; however, his busy sched- fl ule didn't keep him from being in Stillwater April 2 for CEO Day.
"It was a terrific chance to come and give back," says Reilley, a native of Oklahoma City, who received a B.S. degree in finance from the College of Business Administration (CBA) at OSU.
Reilley and wife, Cindy, met while at OSU, and the pair recently "gave back" in a big way by establishing a $100,000 scholarship fund in the College. The endowment known as The Dennis and Cindy Reilley Endowed Scholarship Fund will provide several scholarships each year to deserving CBA students.
"We hope to do more in the future. We were driven strictly by the desire to help
"Perhaps this gift will allow someone to attend OSU who might not otherwise or enable some students to work less hours less a week at a part-time job."
- DENNIS REILLEY
SchoolofAccounting's1953graduate NoelP Kirchrecentlyreceivedthe prestigiousWilliamH. VanRenssalaer Awardby the nationalAssociationof StateBoardsofAccountancy(NASBA), whichrecognizesindividualswhohave beendedicatedto the improvementof the regulationof accountancyand who havedemonstratedexcellencein leadership.
NOEL P. KIRCH
Kirch,a CPAin Edmond,Okla.,has heldleadershippositionsin NASBA,the CPAExaminationReviewBoard,the OklahomaAccountancyBoardandthe OklahomaSocietyof CPAs.Accounting Todaynamedhim as one of the "Top 100MostInfluentialPeoplein Accounting"in 1994.
young people get an education and experience OSU. Perhaps this gift will allow someone to attend OSU who might not otherwise or enable some students to work less hours a week. I hope it will free students up a little to study and to enjoy all that OSU has to offer," says Reilley.
In 2000, he became president and CEO of Praxair and assumed the title of chairman the same year. Prior to Praxair, he held leadership positions at DuPont and Conoco. Reilley credits OSU for preparing him and Cindy for the success they've enjoyed. "The College of Business Administration provided an academic background that prepared me to compete in the business world. This gift is a way to help others have an experience that will hopefully serve them as well as it served me nearly thirty years ago." (For more about Reilley turn to page 6.)
~ Jim Mitchel!
Rememb~ring
Dr. Wayne A. Meinhart (1932-2002)
Professor and Head, Departme·nt of Management
Dr. William "Bill" Zikmund (1943-2002) Professor, Department of Marketing
Memorial funds for Drs. Meinhart and Zikmund have been established. For more information, contact us at (405) 744-8617 or osu-cba@okstate.edu.
Mita Young ('02) is the youngest alumna to fund an endowed scholarship at Oklahoma State University. While the 20-year-old computer analyst for ExxonMobil is happy about that distinction, she is most pleased to simply have the opportunity to assist others with their education so soon.
"My dad always told me that there is no such thing as being too young to help others. When I was a student, I received the same type of scholarships from alumni. They were a great help financially, but they also inspired me to try to do the same for others someday," says Young.
Young readily acknowledges that her OSU experience ultimately helped make her charitable giving a reality, and her employer made it possible much sooner than she expected. "My education at OSU helped me land the job at ExxonMobil, and the company's terrific matching program made it possible for me to set up the endowment after working here just five months."
The endowed scholarship at OSU wasn't Young's first achievement at a younger age than most of her counterparts. She also graduated as the class valedictorian from Stillwater High School in 1999 when she was only 16. Three years later, she graduated with honors with a degree in management information systems at OSU and a minor in accounting.
While she views the endowment as a way to say "thank you" to OSU and the College·of Business Administration, Young says: "I've always wanted to be part of this nurturing circle of community, and-considering my own background-it feels pretty natural to get an early start."
- Jim Mitchell
Thanks to James and Joan Harrison. James, who received his human resource management degree in 1971, is president and CEO of inSores, an integrated communications firm in Houston. The James and Joan Harrison Endowed Scholarship requires that recipients be full-time students at OSU, enrolled in the management information systems program with a minimum grade point average of 3.0.
Thanks to Don Humphreys, vice president and controller for ExxonMobil. Humphreys, who earned his undergraduate degree in engineering at OSU and his M.B.A. at Wharton, has created the Don Humphreys MBA Scholarship Fund. The fund is designated to help students pursue their M.B.A. degree at OSU after receiving an undergraduate degree in engineering. Humphreys is hoping the fund will help foster the specific combination of degrees that has DON HUMPHREYS been very valuable to his own career.
Thanks to Herbert L. Ingham and family. Ingham, a 1942 accounting graduate, is retired from Conoco and lives in Ponca City. The Ingham Family Scholarship Fund requires that recipients be full-time students at OSU with a cumulative grade point average of 3.0 or better and show evidence of financial need.
Thanks to Larry and Louise Soderstrom and family. Larry graduated in 1973 and Louise in 1974 and both majored in management. Today, Larry and Louise are with CITGO Petroleum Corporation in Tulsa. The Soderstrom Family Endowed Scholarship requires that recipients be juniors, seniors or graduate students with all credit hours at OSU, a minimum 2.8 grade point average and show evidence of financial need.
The CBA lobby became an appropriate place to hang out this year before the OSU Homecoming game as alumni prepared themselves to brave the cold, wet weather. They were treated to some great food, prize drawings and a Cowboy victory!
An important CBA homecoming highlight was alumni Cole Kugel from Longmont,Colo. who graduated from OSU in 1925.
CBA Dean James R. Lumpkin, presented the 100-year-old Kugel with his 75-year graduate award during CBA homecoming festivities in the lobby. Kugel, who recently flew his airplane, has been recognized by the Guinness Book of World Records as t e oldest pilot in the world.
You can stay connected for life! For more than 100 years, the OSU Alumni Association has provided alumni with connections to OSU. The College of Business Administration (CBA) is committed to helping you "stay connected" with this magazine and with its annual Homecoming Open House.
The CBA invites all business alumni to share recent . news. Tell us about your promotions, honors and activities, as well as marriages and births. Send your news or mailing address updates by e-mail to us at osucba@okstate .edu. Otherwise, mail us at: Office of Develo/)ment and Alumni • 114 Business Building • Oklahoma State University • Stillwater, Oklahoma 740784011. You may also fax us at: (405) 744-8956. To view Class Notes visit our web site at www.bus.okstate.edu.
Jason Boesch ('94 & M.B.A. '97) is manager at Oklahoma RE& T Credit Union and is a captain in the Army Reserves. Previously, he worked in the OSU's Communication Services and served as an intern for Honorable David Boren in the U.S.
Senate.
J. Austin Gonzales ('99) graduated with a B.S. in M.I.S and is currently enrolled in the MBA program, specializing in marketing. He works for lntegris Baptist Medical Center in Oklahoma City as a senior network engineer. Gonzales is the father of a four-year-old son.
New Department Established
• The growing importance of information systems amid fast-paced technological change has created a demand to put the CBA's Management Science and Information Systems (MSIS) faculty in a department of its own. Dr. Rick L. Wilson, the W. Paul Miller Professor of Business Administration, heads the new department of 17 faculty members, two undergraduate and two master's degree programs.
lntheNews
• Dr. Rathindra Sarathy (MSIS) made international news as he described ongoing research on ways to protect computer data that will frustrate even the best hackers, while giving agencies a greater capability to share such data without threat to individual privacy. According to Sarathy, the various methods he and Dr. Krish Muralidhar (University of Kentucky) have developed are being patented for use. They SARA THY are data transformation processes called "data perturbation" and "data shuffling."
• Dr. Tim Krehbiel (finance) is among 25 people highlighted in "Profiles of Financial Engineers," a special feature in the Financial Engineering News Jan./Feb. 2003 issue. Each profile detailed the individual's background and poses questions about trends shaping financial engineering and how the profession could be improved. Earlier this year, the M.S. in Quantitative Financial Economics was one of 17 domestic and I 0 foreign financial engineering programs featured in the publication.
ProfessorsR ecogmzed.
• The Communications of the ACM, one of the leading journals in the information systems area, accepted an article co-authored by Dr. Nikunj Dalal (MSIS). Entitled "Toward an Integrated Framework for Modeling Enterprise Process," coauthors include M. Kamatha and E. Sivaraman.
• Dr. Timothy DeGroot (management) coauthored an article for publication in the Human Resource Management Journal. ''A Meta-Analysis of the Non-Monetary Effects of Employee Health Management Programs."
• Dr. Joshua Wiener (marketing) released his survey on Oklahoma's attitudes toward legislation to control second-hand smoke in April. He found more than 70 percent of Oklahomans favor smoking restrictions in the workplace and public places.
• Dr. Vance Frie_sl,(management) has been named to the advisory board of The Journal of Private Equity, a leading journal in the field of venture capital investing. The publication's advisory board includes leaders in both the private sector and academia. FRIED
LOU HOLLAND, president and CEO of HCM Investments and frequent panelist on Wall Street Week, visited with CBA students and presented his " IO Golden Rules for Successful Investing." He also spoke on how to "avoid an Enron investment."
MEGAN MOSES, marketing senior from Broken Arrow, Okla., was selected to receive the Raymond D. Thomas Award, which is presented each year to CBA's top senior. Above: Moses is honored at the 2003 Honors and Awards Banquet by Dr. James R. Lumpkin.
• Dr. John Mowen (marketing) received the Eminent Faculty Award. Dr. David Carter (finance) received the Merrick Award for Outstanding Teaching and Dr. Mary Gade (economics and legal studies in business) received the Regents Distinguished Teaching Award. GADE
• Journal of International Accounting Research accepted a paper-"Predictive Accuracy of Analysts' Earnings Forecast: A Comparison of Non-U.S. Cross-Listed Firms and U.S. Multinationals"- by Dr. Shahrokh Saudagaran (accounting). He also presented ''Accounting Development and the Nexus of Domestic-Global Interests in Developing Countries" at the Japanese Association of International Accounting Studies UAIAS).
Dr. Ramesh Sharda (MSIS) was one of the 12 U.S. representatives at the U.S.-Japan Joint Seminar on E-business and I-business held in Niigata and Tokyo, Japan. The U.S. National Science Foundation co-sponsored the seminar.
• During the past academic year, the following professors were recognized by the CBA for having papers accepted in leading journals: Margaret White (Strategic Management Journal), Ramesh Rao Uournal ofBusiness Finance and Accounting, Empirical Finance), Rathindra Sarathy (Information Systems Research) and Kevin Voss LJournal of Marketing Research).
• Dr. Gary Meek, (accounting) presented his paper entitled ''Are Classifications of Accounting Relevant Any Longer?" at the 9th Congress of World Accountants in Hong Kong where he was also one of only 35 invited participants in a Globalization Roundtable on "Setting Priorities for Improvement of Accounting Education.
Students Succeed
• The National Football Foundation and College Hall of Fame have announced that management information systems graduate Kyle Eaton ('02) is among the 14 students nationwide chosen for the 2002 National Scholar-Athlete Class. Eaton has maintained a perfect 4.0 GPA while serving as a starter at offensive tackle for OSU. He will receive an $18,000 post-graduate scholarship and be eligible to receive an additional $7,000 scholarship.
• Thirteen CBA students were among those recently named as OSU Top Freshmen. CBA women included Paden Elliott, Lauren Kaser,Sheryl Kuzmic, Katherine McCollum, Cristin O'Connor, Elizabeth Shinn and Mary Turner. The men were Cheyne Charles, Anthony Dukes, Ty Fleming, Brett Fry,.Ryne Miller and Joe St. John.
MICHAEL CROOCH ('66)
FASB Board Member addresses issues at the School of Accounting's successful annual Financial Reporting Conference.
• CBA sophomore and Honors College student Maggie Hill was one of three students nationally elected to a two-year term on the Executive Committee of the National Collegiate Honors Council NCHC.
Photos/Jim Mitchell
Oklahoma State University
201 College of Business Administration
Stillwater, Oklahoma 74078-4011
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