Business on the Bluff 4th Edition

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Business on the Bluff: Spring 2018 Issue 4 -


In This Issue Dean’s Message …………………………………………………..3 CUW and Wisconsin Startup Week…………………….……... 4–5 Abroad in Austria……………………………………………….6–7 Event in 2017……………………………………………………...8 New Programs…………………………………………………9–10 Concordia’s MBA Program Ranked ……………….……………11 A Business Student Success Story……………………………….12 Meet the New Faculty……………………………......….………..13–15 The 2017 Healthcare Innovation Pitch (HIP) Competition………16–17 CU LAUNCH …………………………………………………...18 Concordia’s Business Scholars Program ……………………19–20

Introducing / Announcement ……………………………...21 Upcoming Events ……………………………………………….22

The School of Business emboldens a global network of transformative and collaborative Christian leaders, dedicated faculty, entrepreneurial students, and active alumni who come together to create sustainable social impact through ethical practice, innovation, and service.

Business on the Bluff: Spring 2018 Issue 4 -


Business on the Bluff Dean’s Message Dear CUW alumni and friends,

I

t is with great enthusiasm and hope that I share with you updates from the past year and plans for the future for the Batterman School of Business. I also want to thank you again for being part of

our Concordia family and for staying connected. I feel blessed to have such a wonderful network of alumni.

This last year we have had great fun partnering with the community, including a wide range of Startup Week activities across Wisconsin, that culminated in our CULaunch business plan pitch competition on Dec. 8th. We also co-hosted the regional Healthcare Innovation Pitch event, partnering with Medical College of Wisconsin, HealthTech MKE, and the National Institutes of Health (for its Small Business Innovation Research grant convention). Our Sport and Hospitality Roundtable event in

I am also very excited to share with you that we are, at long last, breaking ground on our new building, the Robert W. Plaster Free Enterprise Center, which will house our Batterman School of Business. The ceremonial groundbreaking will be held on April 24. In keeping with the Free Enterprise theme for the building, we will also be hosting our second annual Health care Economics Summit on April 11 on the

November provided wonderful networking opportunities

topic of the Business Model for Health care, and how

for our students, with over 50 experts and businesses in the

increased transparency and competition might lead to

sport, hospitality, and entertainment industries. And, in

better care at lower cost. We have already lined up our

March of 2017 we hosted our first Healthcare Economics

first keynote speaker for that event, the incoming

Summit (discussing the “business of healthcare”), with

president of the American Medical Association. You

keynote speakers from southeastern Wisconsin’s top

are invited to both of these events.

health care innovators and providers, and a discussion with

As you can see, we have a lot going on in the

Governor Walker – all focused on increasing transparency

Batterman School of Business! I would love to share

and competition in healthcare toward the goal of obtaining

more with you in person and hear what you have been

better care at lower cost, and making health care more

up to. Please stop in and visit sometime. Better yet, I

accessible to all. But the highlight of the year was our campus-wide weeklong celebration of the 500-year anniversary of the Reformation. It was, by all accounts, a very full year for us! Looking forward to 2018, we are beginning a tradition with an induction ceremony (February 9) for our Business Scholars, with keynote talk

hope you can make it to our July 12 Business School

Alumni Chinooks game, where we will celebrate together, and enjoy fellowship, and share stories, hopes, and dreams. I wish all of God’s blessings in 2018, for you and your family !

by Todd Teske (CEO of Briggs & Stratton). Our Scholars have also created an oath and a crest as part of this new

Yours in Christ,

tradition to better celebrate this program, which dates back

Daniel Sem, Ph.D., MBA, J.D.

to 2003 (we now have 50 Scholars!).

Dean, Batterman School of Business

Daniel.Sem@cuw.edu

Business on the Bluff: Spring 2018 Issue 4 -


Business on the Bluff CUW and Wisconsin Startup Week

Wisconsin Startup Week, November 6–12, 2017.

C

oncordia University Wisconsin hosted

Cordio approached Dan Sem, dean of CUW’s Batterman

nine prominent speakers at each of the

School of Business and CEO of Bridge to Cures, a

university’s nine centers located

Wisconsin-based nonprofit with a mission to help

throughout Southeastern Wisconsin in

entrepreneurs translate their research and inventions into

partnership with Startup MKE and as part of Wisconsin

products and companies in the health care field. “There’s

Startup Week, November 6– 12, 2017. Each

a lively entrepreneurial spirit at Concordia University,”

presentation was free, and included lunch or

said Cordio. “We have worked with the school on

refreshments.

several local initiatives in the past, so when we were

Wisconsin Startup Week is an expansion of Milwaukee Startup Week, which welcomed nearly 3,000

ready to expand statewide, we naturally reached out to them to help us.”

entrepreneurs, local leaders, and investors at the

Maximizing CUW’s significant reach in Southeastern

organization’s inaugural 2016 event. According to Matt

Wisconsin, Sem and his colleagues and the directors at

Cordio, founder and president, “Entrepreneurs are

each of the nine centers assembled a roster of recognized

everywhere in Wisconsin, and they tend to be involved

entrepreneurs who shared powerful life lessons and

in multiple projects with other like-minded thinkers; as

practical advice as encouragement to others interested in

we started to plan for our second year, we were looking

getting started.

to expand our programming.”

Business on the Bluff: Spring 2018 Issue 4 -


Business on the Bluff

“We are passionate about supporting entrepreneurs and providing opportunities for others to learn from them,” said Sem. Highlights of the series included a talk about retail innovation by Ted Balistreri, co-owner of Sendik’s Food Markets; a discussion on community-based entrepreneurship (in partnership with Launch MKE); a panel discussion on veteran entrepreneurship led by Ed Garza;

and insider funding tips from well-established tech entrepreneurs in Waukesha and Appleton. A listing of all of who speakers that participated in CUW’s speaker series for Wisconsin Startup Week on November 6–12 appears below: Appleton – Gary Vaughan, “Raising Startup Capital” Beloit – Ross Thomas, “So You Want to be A Franchise Entrepreneur” Green Bay – Tara Carr, “Resources to Start and Grow Your Business” Kenosha – Ray Koukari, “Investing in the Advanced Manufacturing Workforce” Madison – Tom Hershberger, “The Lean Startup”

Mequon – Panel, “Veteran Entrepreneurship” Miller Park Way – Ted Balistreri, “Innovation in Retail – the Sendik’s Story” Milwaukee Midtown – Panel, “Changing our Community Through Entrepreneurship & Innovation” Waukesha – Loren Peterson and Steven Visuri, “Lessons Learned in Funding Healthcare/Tech Startups” Following the presentations, guests were invited to learn more about the many educational opportunities available at the center in their community. Accelerated learning centers offer graduate and undergraduate programs in business, criminal justice, health care, education, and liberal arts. Classes generally meet one night a week and much of the course work can be completed online. https://www.cuw.edu/news/2017-10-17.html.

Business on the Bluff: Spring 2018 Issue 4 -


Study and Learn International Business in Upper Austria Erik W. Hollander, MBA Assistant Professor - Business Grüße, Wie möchten Sie mit mir auf eine Reise nach Österreich kommen und Schulgutschriften bekommen?

Steyr, Austria

Join me on a trip to Austria and get school credit “Love The Sound of Music”? Ever eaten wiener schnitzel? Curious what the Alps look like? How about traveling to Austria for a week in May with your classmates with Study Abroad MIB 570, CRN (TBD). Regardless of your concentration, if you have ever considered a Study Aboard opportunity then this is the trip for you. A 10day trip to our sister school, Upper Austria University of Applied Sciences in Steyr, Austria, would not only serve as a great life experience but for many of you a professional development experience as well.

Business on the Bluff: Spring 2018 Issue 4 -


Study and Learn International Business in Upper Austria

On this majestic trip, students will have the opportunity

Having led this trip since 2015, I can say with certainty

to makes stops in Munich, Germany, then attend

that all of our travelers (students) have left with

a conference in the quaint Austrian town of Steyr

anticipation, anxiety, and fear of the unknown, and

before concluding with a couple of days touring

returned with a sense of understanding, expanded cultural

Vienna. The participation in the Cross-Cultural

competencies, and enjoyment of having experienced the

Business Conference is one that many continue to

culture, hospitality, scenery, and joy of making new

reminisce about far after they are back home. This is a

personal and professional connections. Each year the trip

great opportunity to gain knowledge from experienced

gets better, and each year we look forward to returning to

professionals, meet students from across the world, and

our sister school for another amazing experience. You

experience new cultures. From numerous networking

don’t have to take my word for it ‌ I will let the pictures

activities to lectures to workshops and some

tell the rest of the story ‌ the picture above could be

sightseeing, travelers will also be able to experience the

what you are looking at in May!

beautiful sites of Austria. This trip is open to all CUW students, particularly business students.

Business on the Bluff: Spring 2018 Issue 4 -


Events in 2017 Leadership Breakfast Featuring Baseball Greats Sal Bando and Robin Yount

Sal Bando, Former Milwaukee Brewers Baseball captain.

C

oncordia University’s semiannual

A Cleveland, Ohio, native, Bando has served on the

Leadership Series Breakfast was held

boards of the Fellowship of Christian Athletes and

on Thursday, October 19, 2017 and

The Veritas Society of Wisconsin Right to Life.

featured former Milwaukee Brewer’s

At the leadership breakfast, Sal Bando, joined by

star and successful businessman Sal Bando, along

Robin Yount, reflected on their baseball careers and

with baseball legend Robin Yount. Bando played five

also shared inspirational life lessons. Yount talked

seasons for the Brewers and was team captain after

about his affinity for Milwaukee, and the Midwestern

beginning his 15-year major league career with the

values and culture he exper ienced while here, as well

Oakland Athletics in 1967. In 1981, he became the

as his love of the Chinooks baseball team (of which

Brewers general Manager and senior Vice President

he is a co-owner). Bando shared his baseball journey

and served in the front office for eight years.

and career, but also reflected on his journey as a devoted and committed Christian and man of faith.

While with Oakland, the team captain played a major role in the A’s winning three consecutive World Series titles from 1972 to 1974. Actively involved in the local business community, Bando and former Milwaukee Bucks star Jon McGlocklin formed Bando McGlockin Capital Corporation.

Business on the Bluff: Spring 2018 Issue 4 -

Reference: https://www.cuw.edu/news/2017-09-19.html.


New Programs PROGRAM HIGHLIGHTS - Gain admission into the dual degree program prior to starting Pharmacy school. - Begin MBA coursework as early as the first year of Pharmacy school. -Earn your Pharm.D. and MBA in as little as four years.

Pharm.D./MBA DUAL DEGREE

- Earn up to 19 credits that count toward both

degrees, leaving as few as 20 MBA credits that are taken outside of the Pharm.D. curriculum.

At Concordia University Wisconsin we are passionate about developing world-class talent that helps health care organizations and their patients thrive. This training includes not just how best to administer health care it includes the business of running and

-No GRE or GMAT required.

CUAA launches pMBA advanced degree program for professionals

managing health care organizations. To achieve this, CUW's “Batterman School of Business” has partnered with the School of Pharmacy to offer a dual Pharm.D./

Launching in 2018, Concordia University Ann

MBA degree.

Arbor will begin offering a new advanced-standing

This dual degree program provides pharmacy students with a unique set of in-demand knowledge and skills by preparing them for management, administrative, entrepreneurial, and leadership roles in pharmacy and health care organizations. The degree combination provides an exceptional path for graduates to become tomorrow's leading pharmacists.

degree program that will empower working professionals to maximize their God-given potential in executive, business, and other organizational leadership roles. The professional Master of Business Administration (pMBA) program is specifically suited for those who possess a doctoral or other terminal degree in their field, or a Master’s degree, plus five years of executive-level experience.

Business on the Bluff: Spring 2018 Issue 4 -


New Programs

CUAA will begin offering its first pMBA classes in fall of 2018 Delivered in a cohort format that blends online

through which they’ll make decisions, evaluate problems,

instruction with on-ground evening classes, the program

and propose innovative and creative solutions.

also boasts a Strategic Innovator certification, includes a

The pMBA program is comprised of 39 credits, nine of

national or international travel experience, and can be

which are accepted as advanced standing, allowing

completed in 14 months.

professionals the ability to finish the remaining 30 credits in as few at 14 months.

Those who enroll in the pMBA program will draw upon and share their professional experiences while refining existing skills as they develop as strong and well-educated leaders who are capable of making a significant impact in the world. “The pMBA is attractive for professionals throughout southeastern Michigan who are credentialed in a variety of

The program also includes a core curriculum with advanced instruction in many areas of business, a strategic innovation project, and a professional seminar series complete with an all-inclusive trip to Silicon Valley, where students will tour and talk with professionals at globally renowned companies such as Google Glass, Tesla, Facebook, Uber, and GSV Labs.

“Concordia’s pMBA program is truly unique as it provides

scientific, medical, pharma, legal, and other executive

an incredible opportunity for innovative and

areas,” said MBA Program Director Dr. Carrie Buri. “This

entrepreneurial professionals to gain tremendous business

program is perfectly aligned for professionals looking to

acumen, develop as ethical leaders and problem-solvers in

complement their education and experience with

today’s challenging world, and to learn from accomplished

foundational business competencies, and continue to pursue

professionals in a variety of industries,” said Buri.

professional development and lifelong learning.” Students in the program will have the opportunity to work closely

For a complete list of classes, application process

with faculty and their cohort peers, analyzing and

information, and additional details about Concordia

evaluating business scenarios from various angles for the

University Ann Arbor’s pMBA program, visit

purpose of developing a strong ethical lens –

www.cuaa.edu/pmba

Business on the Bluff: Spring 2018 Issue 4 -


Concordia’s MBA Program Ranking

An international MBA student celebrates commencement last May. For the fifth year in a row, Concordia University

Concordia’s MBA program offers four flexible ways for

Wisconsin has topped the “Milwaukee Business Journal”

students to complete their Master of Business

list of largest Milwaukee-area MBA programs.

Administration degree: on campus, at center locations

The media outlet utilized fall 2016 data to compile the list and included schools that are within a 100-mile

throughout Wisconsin, online, or internationally in China or Austria.

radius of Milwaukee, including University of Wisconsin-

The variety of learning formats paired with flexible

Madison and Lakeland University.

scheduling options for students plays a large role in

With its total fall enrollment of 857, Concordia’s global MBA program beat out second-ranked University of Wisconsin-Whitewater and third-ranked University of

Concordia’s continued success, says Buri. The accelerated structure also allows most students to complete the program in two years or less.

Wisconsin-Madison: School of Business by well over

Furthermore, Concordia’s program attracts hundreds of

300 students.

international graduates, and regularly welcomes

“We take great pride in the offerings we provide at Concordia, and take seriously the responsibility we have to serve and prepare such a large population of globally minded learners,” says Dr. Carrie Buri, director of MBA programs at Concordia. “As we seek to continue to grow our program, we do so with the focus of student success always at the forefront.”

Business on the Bluff: Spring 2018 Issue 4 -

international visiting professors and lecturers. The result is that students receive an infusion of real-world, global experiences in the classroom that will set them up for future success in any context.


A Business Student Success Story From Actuarial Science to Nonlinear Dynamics and Chaos Theory – at Age 18

Si Gou (Jamie) started college at Concordia with an actuarial science major in the Batterman School of Business. While he has yet to complete his studies, he has already accomplished a milestone that sets him apart from nearly

every other actuarial science student in the United States. Below Jamie shares his story, his impressions of CUW, and his dreams for the future.

I

felt that learning environment at Concordia was excellent, and all of my professors were extremely helpful. The director of the actuarial science

Program, Professor Tim Scheppa, is one of the

nicest people in the world. He is also an actuary himself.

Si Gou (Jamie) Jamie is a student at Concordia University Wisconsin and is one of the youngest people ever to pass the first actuary exam, at age 18.

After I switched my major into interdisciplinary studies in social science with an emphasis on

quantitative research, I decided to leave the actuarial science field. The training I received from the

One essential step to becoming an actuary is to pass several

actuary program enhanced my quantitative and

actuary exams.

analytic ability, which will be essential for my future success. Now I am learning and researching about

Actuary exams are known to be challenging obstacles

advanced applied linear and nonlinear models in

(comparable to the CPA exams that accountants must

social science, including Cusp Catastrophe and

pass). With the help I received at Concordia University, at

Chaos under Dr. Joseph Jacobsen, who is an

the age of 18 I successfully passed my first actuary exam

economics professor in the Batterman School of

with a mark of 8 (the pass mark is 6).

Business specializing in nonlinear dynamics. The

opportunity of independent study provided by The exam P covers various topics from basic probability

Concordia University is helping me grow at the rate of

theory and univariate probability distribution, to

my full potential. I will graduate with a bachelor’s

multivariate probability distribution and linear

degree in merely two and a half years. My future goal is

transformation. The first exam requires students to have a

to pursue a Ph.D. in Social Sciences.

solid background in multivariate calculus and calculusbased statistics. According to a report from SOA, the youngest actuary, who became a Fellow of the Society of Actuaries 17 days before his 21st birthday, started his first exam during his senior year in high school. Comparatively, I am not too off track.

Business on the Bluff: Spring 2018 Issue 4 -

By Si Gou (Jamie)


Meet the New Faculty Prior to joining Concordia University in 2017, Professor Stinson was Manager of Corporate Accounting at Harley -Davidson. Professor Stinson has worked professionally for over 20 years in accounting and finance, with positions in audit, financial planning, mergers and acquisitions, consolidations, and corporate accounting within manufacturing, consumer products, and service companies. Stinson earned her Bachelor of Business Administration Professor Stacy Stinson

from the University of Wisconsin-Milwaukee and a Master of Business Administration from UW-Madison.

Assistant Professor Accounting

She is also a certified public accountant (CPA).

Matthew Hurtienne is an associate professor of business and an Assistant Dean for the Batterman School of Business at Concordia University. In addition to working at CUW, Dr. Hurtienne has worked as an academic dean for the Wisconsin Technical College System, where he helped to develop programs to meet industry needs. Through involvement with a regional Workforce Development board, he supported the development of

many career pathways, and as a board member of a manufacturing business alliance he helped to bring Professor Matthew Hurtienne Assistant Dean Associate Professor of Business

awareness of employment opportunities to the manufacturing sector. Professor Hurtienne holds a Ph.D. in education and human resources, with a specialization in organizational learning, performance, and change from Colorado State University.

Business on the Bluff: Spring 2018 Issue 4 -


Meet the New Faculty - Prof. Stacy Stinson What drew you to Concordia? The inclusion of faith with learning is what drew me to Concordia. Teaching accounting does not change, but the environment in which you teach it makes all the difference. I was attracted to Concordia’s Mission to help students develop in mind, body, and spirit for service to Christ in the Church and the world. This was evidenced by the amount of positive activities that I saw Concordia providing to students, giving them access to activities where they could develop themselves fully. In addition, as a faculty member I can also focus on scholarship and service to ensure that I am continuing to develop and serve.

What drew you to teaching? You have an administrative background, so what drove you to transition to being a professor? I have always been interested in teaching and mentoring people as they moved through their career. I enjoy watching students learn, grow, and become excited to pursue their chosen field or explore new ones. I also wanted to bring industry experience and “the real world” into the classroom to make what they learn and desire to pursue tangible for them. Being a teacher also allows me the ability to fulfill my need to serve others every day by inspiring and encouraging students in the classroom. While I am just finishing my first semester leading a class, I have been very blessed to meet some fantastic young people who will make positive impacts in their local communities and the world.

How would you describe your teaching style? Being so new to the academic world, my teaching style is evolving. In my first semester, I primarily used

lectures – augmented with stories from industry to link accounting to various careers and majors represented in the class. I have been very lucky since coming to Concordia to have wonderful faculty mentors who have given me pearls of wisdom to make it through my first time in the classroom. In addition to faculty, I have been overwhelmed with student support–a nod of approval in class, written notes, feedback, or just taking the time to ask me “how’s it is going?” I am learning more and more everyday about different teaching techniques and will be using case studies, group projects and in-class activities to supplement my lectures.

Business on the Bluff: Spring 2018 Issue 4 -


Meet the New Faculty - Prof. Matthew Hurtienne

What drew you to Concordia? As an active member of St. Stephen Lutheran Church in Horicon, Wisconsin, I see Concordia University as a premier Lutheran education institution helping to prepare the future workforce. Further, I see Concordia University as an innovative higher-education institution providing cutting-edge education to those whom we serve. It is a privilege to have an opportunity to serve the mission of the university and the Church. In addition to teaching, Concordia University is providing the opportunity for me to continue my human resources research on employee engagement.

What drew you to teaching? You have an administrative background, so what drove you to transition to being a professor? The School of Business prides itself on employing scholar-practitioners to fill its educational positions, and I believe that I help fulfill this model. Early in my career I had the opportunity to serve as an adjunct instructor at several educational institutions. Through this experience, I learned the importance of giving back through

education. Teaching has always motived me to help others succeed, and now that I work at Concordia I have the opportunity to teach and research the topics that are very engaging to me.

How would you describe your teaching style? As an educator, I believe that students need to have a safe learning environment where they can have the

opportunity to mentally and physically grow as they prepare for a professional career. Creating this type of environment is accomplished by weaving real-life situations into the fabric of theory and practice. Textbooks are only a small part of the learning process; however, the world is a gigantic learning lab for students to learn and make discoveries. An aspect of my teaching philosophy is that I need to find a way to inspire learning in students. Being a role model and mentor to every student in the institution can create inspiration. I believe that education does not stop at the end of a course; in fact, the course is just a starting point for the learning process, and students will strive to gain knowledge based on the foundation that I can provide. Active learning is a key concept that I have found to improve student participation and commitment to the learning process and has led to enhanced student retention.

Business on the Bluff: Spring 2018 Issue 4 -


The 2017 Healthcare Innovation Pitch (HIP) Competition

T

hree teams of healthcare innovators

Participants competed in one of three categories, or

claimed a total of $60,000 in seed fund

tracks: Concordia Medication Management Accelerator

prizes on November 8 as the winners of

Startups, HealthTech, and Healthcare Therapies and

Health Care Innovation Pitch event. The

Diagnostics. The winning team from each track

event, held at the Hilton Milwaukee City Center, was a Concordia partnership with HealthTech MKE,

received $20,000, plus additional services and resources valued at more than $15,000.

Bridge to Cures, Medical College of Wisconsin

The 2017 HIP winners included:

(MCW), and the National Institute of Health (NIH)

Concordia Medication Management Accelerator

national SBIR conference. It was attended by around

Startups – MedSync-Rx, made up of faculty and a

200 southeastern Wisconsin healthcare entrepreneurs

student from Concordia University Wisconsin. The

and featured a panel of prominent venture capitalists

team’s pitch highlighted a smart app that will coordinate

from across the country, serving as judges.

multiple medication refills to be picked up on the same date each month.

In this Shark Tank-like event, HIP participants pitched their innovations to a panel of renowned venture

HealthTech – GenoPalate, a company that utilizes

capitalists in order to compete for seed funding. The

DNA, demographic, lifestyle, and metabolic

biannual event, which started in 2015, drew 11 teams

information to curate a personalized dietary plan for

of competitors this year. HIP is put on by Bridge to

optimal nutrition. Yi Sherry Zhang, of the Medical

Cures, with support from Concordia University

College of Wisconsin, presented.

Wisconsin, The Dohmen Company, WEDC, Andrus

Healthcare Therapies and Diagnostics – PROMISS

Law Firm, Quarles & Brady Law Firm, Hudson, and

Diagnostics, an effort of Jalal Sulaiman and Gary

UW Research Park.

Schwartz.

Business on the Bluff: Spring 2018 Issue 4 -


The 2017 Healthcare Innovation Pitch

CULaunch—for CUW Students and the

(HIP) Competition

Community

Their proprietary algorithm was developed at the

CULaunch is an event designed to help students or

University of Wisconsin-Madison and uses data on

community members with an early stage idea or

calcium, albumin, age, and menopause to diagnose

company plan, and helps them to grow their ideas into a

cancerous masses in the ovary from benign masses.

thriving business. It is one of Concordia University’s effort to support the entrepreneurship in Wisconsin

Some of the night’s other pitches included a

(and now in Ann Arbor, Michigan). The kick-off

revolutionary approach to microbial sequencing that

workshop in Wisconsin was held in September 2017,

would prevent outbreaks, the implementation of a

and included hands-on learning of the Business Model

statewide Electronic Medical Record (EMR) platform

Canvas to develop business models, and teams received

that would connect free and charitable clinics to area

legal startup tutoring, business mentoring, and

health information exchange networks, and a controller

networking.

that allows the visually impaired to better navigate and more easily use smart devices and technology in the

This was the University’s third annual CULaunch

home.

program. “The idea of the program is to help students and community participants interested in

Serving as panelists were Giovanni Ferrara, partner of

entrepreneurship learn basic business principles, refine

Novartis Venture Fund; Allen Hakimi, managing

their own ideas—then develop a plan to take it to

director of Technomark Life Science; Paul Weiss,

market,” said Dr. Daniel Sem, dean of Concordia

managing director of Venture Investors; and John

University’s School of Business Administration and an

Torinus, general partner of Wisconsin Super Angel

organizer of the launch event.

Fund.

Business on the Bluff: Spring 2018 Issue 4 -


CULaunch The pitch event was held on December 8 at the UWM

CUAA announces winners in business start-up pitch event

Innovation Campus in Wauwatosa, where Concordia also has space. The event and cash prizes were sponsored by the Batterman School of Business.

T

he competition focused on serving two categories of participants: (1) from the community, coming from

Startup Week, and (2) Concordia students, both graduate and undergraduate. The $2,500 winner from the community track was Erin Magennis, whose startup company CalmLet, LLC is focused on developing a wristband that provides biofeedbackbased calming for those with anxiety disorders. The winner from the Concordia student track was Teresa Yeung. Her company startup is Naturally Yoga, a novel café and yoga studio combination concept that is science-based, but also blends in Eastern medicine with herbal teas. Teresa is a graduate student in Concordia’s Master of Product

Seed money and business support were awarded to the top three Concordia student ideas at CULaunch in Ann Arbor on November 30, 2017.

Development program, and pitched the idea that she developed in her New Venture Formation class.

On November 30, five students competed for $2,000 in seed money in Concordia University Ann Arbor’s second annual start-up pitch event entitled CULaunch. Sponsored by CUAA’s Haab School of Business Administration, CULaunch welcomed a panel of six judges, comprised of current and former business owners, who were responsible for evaluating the presentations and probing the students’ business and financial plans. After two hours of competing, the judges awarded prize money to the top three winners: First Place: Stephanie Johnston (‘18, exercise science’) and her innovative new running shoe, the J-Bolt, which is designed to reduce the risk of stress fractures in runners without sacrificing speed. Johnston intends to use her portion of the seed money to pursue intellectual property protection and begin manufacturing a prototype. Erin Magennis, founder of CalmLet, LLC.

Business on the Bluff: Spring 2018 Issue 4 -


Second Place: Will Izera (‘18, business management’) and his deejay/music/event production company 250 Entertainment. The name pays tribute to his home

Concordia’s Business Scholars Program: Two business degrees for the time and price of one

country’s area code in Rwanda. Already a business owner in the entertainment industry, Izera pitched

By Lisa Liljegren, Concordia University Wisconsin

adding a digital photo booth with printing capability to his current stable of offerings to increase his value to

Editor’s note: The following sponsored content was

clients.

provided by Concordia University Wisconsin.

Third Place: Conner Phee (‘18, computer science’) and his computer programming learning module system Foundations First Academy. Phee’s idea is to create live learning modules to teach people the basics of computer coding and programing delivered in synchronous

F

or committed students who are interested

in studying business with a high emphasis on ethics, Concordia University Wisconsin offers a unique program that

formats with accessible and effective instruction. His

provides selected incoming freshmen an opportunity to

company is designed to meet the growing demand for

earn their bachelor’s and Master’s degrees in business

software developers by offering accessible, affordable

administration in four years instead of the six or more it

instruction.

would otherwise take—and they get to do it for the price of just one degree.

Annie (left) and Mary Karsten are Business Scholars at Concordia University Wisconsin. They will earn their undergraduate and MBA in four years.

Business on the Bluff: Spring 2018 Issue 4 -


Concordia University at a Glance 77 undergraduate programs 42 graduate programs Ranked #1 safest campus in the state Largest MBA enrollment in Wisconsin 11:1 Student-to-faculty ratio 29 varsity-level athletic programs 40+ student organizations 96% of CUW traditional undergraduates are employed one year after graduation

“As much as these have been the best years, they’ve also been the hardest four years that I will hopefully ever go

Established in 2003, the Business Scholars Program was created by the Batterman School of Business to attract and challenge high-achieving students who might not have otherwise considered Concordia for their undergraduate degree. Each year, 10 to 15 applicants are accepted into the program based on their grade point average and college entrance exam

scores. To be eligible to apply, students must earn a minimum GPA of 3.5 and a minimum ACT score of 25. While the reward is sweet (Business Scholars could graduate with both their bachelor’s degree and their MBA by the age of 21) the path to get there is quite rigorous. These elite student scholars are required to maintain a 3.5 GPA, and complete internships related to both their undergrad and graduate degrees. This is only possible by maintaining a year-round course schedule of full academic loads averaging at least 18 credits. Mary and Annie Karsten are beginning to see the rewards of their four years in the program. Graduating in May with their undergraduate and MBA degrees, the Business Scholars sisters admit they might not have made it through without the faith and support of the Concordia community.

Business on the Bluff: Spring 2018 Issue 4 -

through,” says Mary. “I don't know what we would have done through the hills and valleys without the guidance of our professors. Because of them, I am prepared and confidant for whatever opportunity God leads me to.” Annie agrees. “The intellectual grounding that I received here got me ready both in the classroom and in my field experience; it was a very holistic approach.” Both Mary and Annie Karsten took on extensive internships during their four years at Concordia, working for organizations including Johnson Controls; Miller Corps; Gateway Plastics; Make-A-Wish® Foundation; and Victims of Communism Memorial Foundation, Charles Koch Institute. Upon graduation, Mary plans to pursue a career in business marketing and Annie intends to work in politics. CUW hosted an induction ceremony on February 9, 2018

where all past and present Business Scholars received an official jacket and recited the Business Scholars Association oath that covenants them to a higher standard of accountability and responsibility. For more information about the Batterman School of Business and the Business Scholars Association, please visit www.cuw.edu or call Dr. Carrie Buri, director, MBA Programs at 262.243.4282.


Introducing

Colleen Ripperger

MBA Program Assistant Director

Announcement

Professor Joseph J. Jacobsen

Professor Joseph J. Jacobsen was the keynote speaker at an international sustainability conference in Bangkok.

Collen Ripperger is the new assistance director of the MBA Program, National and International. This is her third year at

A new partnership with BBB has been

Concordia. Ripperger attended the

forged on the Center for Character

University of CT and has worked

Ethics, to be housed in our new building.

professionally for over 20 years in finance

as treasure/controller of Solvay Fluorides and as a mortgage loan officer at Patriot Mortgage.

A significant and generous donation from our Student Government Association has

She is excited to be able to meet and mentor

been received. They will have space in the

so many interesting, accomplished students

new building.

in her new role.

Business on the Bluff: Spring 2018 Issue 4 -


Upcoming Events Business School Alumni—Chinooks Game July 12, 2018| KAPCO Park (CUW) Join fellow BSB alumni and faculty for a fun night of baseball, food, and camaraderie. The ticket package cost is $20 ($40 value), $10 for kids age 4-10, 3 and under are free. The package includes the game, all you can eat ballpark fare through the 6th inning, two drink tickets per person, and entrance into the family-friendly Kid Zone. For more information and to register email alumni@cuw.edu. Alumni, parents, and friends of CUW are invited to a fun-filled night of baseball and ballpark fare!

Healthcare Economics Summit April 11, 2018 | CCES The keynote lecture will be given the incoming president of the American Medical Association, Dr. Barbara L. McAneny. Come to hear discussions on the future business model for health care in the United States, with a focus on how to achieve better transparency and competition. For more information contact Janet Mushall at

Janet.mushall@cuw.edu.

Batterman School of Business Annual Graduation Reception April 27 | The Wisconsin Club’s Country Club This is a special day for celebrating the accomplishments of our business students, as they prepare for the next step in their life journeys—as business leaders and Concordia alumni.

Groundbreaking for the Robert W. Plaster Free Enterprise Center April 24, 2018 | CUW Join us at the groundbreaking ceremony for the new Robert W. Plaster Free Enterprise Center, which will house the Batterman School of Business. Planned completion is in 2019. This event is a special landmark event for our school, and it would be great to celebrate with our alumni!

Business on the Bluff: Spring 2018 Issue 4 -


Taleb Aljabban Senior Editor Master in Global Affairs

Business on the Bluff: Spring 2018 Issue 4 -


Business on the Bluff: Spring 2018 Issue 4 -


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