UCR School of Business 2016 Dean's Report

U N I V E R S I T Y

O F

C A L I F O R N I A

R I V E R S I D E

DEAN’S REPORT 2016

Business.UCR.edu

CONTENT

Mission Inn at dusk Riverside, California

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Dean’s Message

3

New Faculty

7

2016 International Business Competition Winners

9

Economic Forecasting & Development Center

11

2016 Economic Forecast Conference

13

Top Minority Students Attend Business Bootcamp

15

Investing in Our Community

17

Business Programs

19

Stats & Rankings

1

5

Endowments & Scholarships

ON THE COVER (L-R)

University of California Riverside School of Business

Business.UCR.edu

Brian Murillo, BS ‘17 Diana Cullen, MBA ‘17 Bandar Faisal, MBA ’17

Message from Dean Wang I am truly inspired by our outstanding diverse and international community of students, faculty, staff and partners. Together, we took the UCR School of Business to new levels of achievement in 2016. We lead nationwide in providing opportunities to minority students, and are ranked first in the country for the most international MBA program. Leveraging our strengths in diversity and international appeal, we continue to build on other key strategic goals, including significantly increasing faculty size, and creating world-class centers of excellence. At the School of Business we are invested in the communities we serve. In this regard, we partner with key business sectors and companies to drive innovation and development in our region, with a particular emphasis on energy, healthcare, banking, and technology. $2.5 Million Gift from the A. Gary

New Center for Economic Forecasting

Eight New Faculty. Building on the

Anderson Family Foundation. This gift

& Development. The establishment of

success of faculty hiring over the last

and others funded four new endowed

our new Forecasting Center provides

few years, this year we welcomed

chairs in Business Administration and

economic leadership and collaborative

eight additional new faculty members,

Supply Chain Management, as well as new

opportunities for researchers, private &

including one for the Albert O. Steffey

scholarships for AGSM graduate students.

public companies, and municipalities.

Endowed Chair in Marketing.

BUSINESS

Rami Zwick, PhD Sr. Associate Dean 11,000 Feet Above Perris, California Summer 2016

ON TOP

At UCR School of Business, we successfully recruited eight outstanding teachers and researchers to join our faculty. These accomplished business scholars come to us from a variety of disciplines including finance, accounting, management & marketing.

“An integral part of our ongoing strategic initiatives is to dramatically increase our full-time faculty over the next three years.”

— Rami Zwick, PhD Sr. Associate Dean

3

University of California Riverside School of Business

Business.UCR.edu

Subramanian Balachander Professor of Marketing Albert O. Steffey Chair

Balachander earned a Ph.D. in industrial admin from Carnegie Mellon University, an MBA from IIM, Calcutta and a B. Tech in Chemical Engineering from IIT Madras.

Jean Helwege

Thomas Kramer

Ke “Kevin� Li

Professor of Finance

Associate Professor of Marketing

Assistant Professor of Accounting

Helwege earned her Ph.D. and

Kramer earned his Ph.D. in

Li earned his Ph.D. in accounting

MA in economics from UCLA

marketing from Stanford

from Haas School of Business at UC

and a B.A. in linguistics from

University, and an MBA and BBA Berkeley, an MBA with distinction

the University of Chicago.

from Baruch College CUNY.

from NYU Stern, and a BA from the Peking University.

8 NEW FACULTY

Alexander Barinov

Haibo Liu

Ashish Sood

Asst. Professor of Management

Assistant Professor of Finance

Asst. Professor of Management

Assistant Professor of Marketing

Gubler earned his Ph.D., M.S.

Barinov earned his Ph.D. and M.Sc. in finance from the University of Rochester, an MA from New Economic School, BA from Lomonosov Moscow State University.

Timothy Gubler

in business strategy from Washington University in St. Louis, and BA from BYU.

Liu earned his Ph.D. from

Sood earned his Ph.D. in

INSEAD, a Master of Tech

marketing from the University

Design and Bachelor of

of Southern California, MBA

Engineering from National

from Nanyang Tech U., BS in

University of Singapore.

Engineering from Delhi College.

ENDOWMENTS & SCHOLARSHIPS

$2.5 Million Gift

from the A. Gary Anderson Family Foundation

To mark the 20th anniversary celebrating the renaming of the Anderson Graduate School of Management, the Anderson family made a $2.5 million gift that will create three endowed chairs for faculty members and provide scholarships for graduate and undergraduate students.

A. Gary Anderson Family Foundation Matching Funds Initiative

The A. Gary Anderson Family Foundation initiative will match dollar for dollar new gifts endowing scholarship awards. This academic year nine new endowed scholarships were created by donors to support undergraduate and graduate students.

The potential philanthropic impact is more than $5 million through the scholarship matching funds initiative and the UC Presidential Match for Endowed Chairs.

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University of California Riverside School of Business

Business.UCR.edu

FACULTY POSITIONS

NEW SCHOLARSHIPS

UCR SCHOOL OF BUSINESS FUND

CHINA WEST EDUCATION SCHOLARSHIP ENDOWMENT FUND

LOGISTICS TEAM PRESIDENTIAL CHAIR IN SUPPLY CHAIN MANAGEMENT

BILL AND TERRE THOMAS ENDOWED AWARD FUND

A. GARY ANDERSON (1) FAMILY FOUNDATION PRESIDENTIAL CHAIR IN BUSINESS ADMINISTRATION

JAMES A. ROBINSON FAMILY ENDOWED SCHOLARSHIP FUND

and School Support

and Student Awards

SOLARMAX ENDOWED GRADUATE FELLOWSHIP FUND

HSAE ENDOWED AWARD FUND

A. GARY ANDERSON (2) FAMILY FOUNDATION PRESIDENTIAL CHAIR IN BUSINESS ADMINISTRATION

C.L. ENDOWED GRADUATE SCHOLARSHIP FUND

A. GARY ANDERSON (3) FAMILY FOUNDATION PRESIDENTIAL CHAIR IN BUSINESS ADMINISTRATION

JOSEPH P. BARR ACCOUNTING AWARD FUND

JAIME J. MERINO ENDOWED BUSINESS SCHOLARSHIP FUND

SUSAN ATHERTON GRADUATE AWARD FUND

BUSINESS

INTERNATIONAL COLLEGIATE BUSINESS STRATEGY COMPETITION 7

University of California Riverside School of Business

Business.UCR.edu

1ST IN INTERNATIONAL

COMPETITION

UCR School of Business fielded two teams of undergraduate and graduate students at the 2016 International Collegiate Business Strategy Competition (ICBSC) in Anaheim, California. This year, we are proud to announce that our teams won Best Overall Performance, Second Best Overall Performance, and second for Best Business Document.

During the months before the competition, teams developed product prototypes, strategic business plans, income statements, balance sheets, and annual reports all reviewed by a board of directors.

When in Anaheim, teams made quarterly decisions for a “two year period� culminating a rigorous presentation, prepared on site to their board of directors.

Led by Dr. Sean Jasso, UCR School of Business teams have placed in the top tier wins for four consecutive years participating in ICBSC.

BUSINESS

Christopher Thornberg, PhD Director of the UCR School of Business Center for Economic Forecasting & Development

LAUNCH OF UCR SCHOOL OF BUSINESS

Center for Economic Forecasting & Development The establishment of our new Center is the single most significant achievement to provide economic leadership and insights in the region, one of the State’s most vital growth areas. The Center will bring the full resources of the 9

University of California Riverside School of Business

University to bear in creating modern, first rate economic forecasts and development products, in collaboration with researchers, businesses and government leaders. The Center for Economic Forecasting & Development had a direct

Business.UCR.edu

influence on the decision to bring the California Air Resources facility to a site on UCR. This move represents a $366 million investment into the community and 400 knowledge-based jobs in Inland Southern California.

Economic, Revenue & Occupational Forecasting

Economic Impact Analysis

Service to Southern California Economic Policy Analysis

Regional Economic Analysis

“A university plays one of the most pivotal roles in a community’s economic and social landscape.”

— Yunzeng Wang, Dean of UCR School of Business

Real Estate Market & Industry Analysis

Public Speaking And Engagements

BUSINESS

2016 ECONOMIC

FOR

September 29th 2016 marked the 7th year of the Economic Forecast Conference.

This year’s conference was headlined by some of the nation’s most renowned economists. The program combined a new economic forecast with a deep look at

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University of California Riverside School of Business

Business.UCR.edu

ECAST CONFERENCE the long term future of Southern California. The conference attracted hundreds of government and business leaders from across the region. It was a sellout event and record-setting year for attendance.

BUSINESS Business.UCR.edu

13

1

UCR School of Business hosted the University of California’s 2016 Summer Institute for Emerging Managers and Leaders (SIEML), a program that brings together students

from Historically Black Colleges and Universities and Hispanic-Serving Institutions for an all expenses paid career building experience. For two weeks, about 50 college

students attended academic seminars, met with business leaders, visited businesses, engaged in community service and honed their networking skills.

2 3

Watch the VIDEO at Business.UCR.edu/SIEML16

#SIEML16

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University of California Riverside School of Business

Business.UCR.edu

4

Top [1] UC SIEML ‘16 Cohort. [2] SIEML group heads to class at UCR. [3] DeRonte Craig (Bowie State University) and Joshua Williams (Dillard University) speak with Ron Chandler, CIO at UCLA. [4] Raven Morgan (Howard University), Analicia Otero-Fierro (University of Texas at El Paso), and Kevin Lee (Paul Quinn College).

Opposite page: Joshua Williams (Dillard University).

SUMMER INSTITUTE FOR EMERGING

MANAGERS & LEADERS BUSINESS

New MBA Post-Graduate Fellowship in Nonprofits Partnering with Springboard, one of the largest consumer credit management nonprofits in the country, who co-sponsor the fellowship, the MBA Post-Graduate Fellowship will support two MBA graduates to work for one year at a non-profit organization.

Through the Fellowship Program the University of California Riverside School of Business can make a greater contribution to the community by working with an organization that has helped families in the region send their students to college. The program also aims to give MBA graduates a wider vision for their career paths.

“Business school graduates often see the private sector as the only career avenue after graduating from an MBA Program.

Working at a non-profit organization lets them explore potential career paths in the nonprofit sector.”

John Mattson Director of the Career Development Center

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University of California Riverside School of Business

Business.UCR.edu

Hamad Alhomaithi, MBA ‘18, and Jojo Chen, MBA ‘17 Opposite page: Keiko McNally, UCR School of Business Director of Marketing & Communications

INVESTING IN OUR COMMUNITY BUSINESS

UCR School of Business Fall 2016 Pre-Business Conference

Largest Business Program in UC system The UCR School of Business has the largest undergraduate business program in the University of California system.

STUDENTS IN THE BUSINESS ADMIN PROGRAM -- 1180 STUDENTS IN THE PRE-BUSINESS PROGRAM -- 1200

Undergraduate Diversity

UCR SCHOOL OF BUSINESS PROGRAMS

Ethnicity

B.S. in Business Administration MBA Flex MBA Master of Finance Master of Professional Accountancy PhD in Business Administration

Mirroring UCR overall undergraduate population, the School of Business Administration has a very diverse student body.

AFRICAN AMERICAN/BLACK

4.26%

AMERICAN INDIAN/ALASKAN NATIVE

0.21%

ASIAN HAWAIIAN/PACIFIC ISLANDER HISPANIC/LATINO UNKNOWN

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University of California Riverside School of Business

Business.UCR.edu

Total F/W/S

WHITE

56.81% 0.21% 25.74% 1.91% 10.85%

— U.S. News & World Report 2016

BEST

COLLEGES RANKINGS 2016

A Best undergraduate

business program

Madaline Barayang, BS ‘17, and Simpson Chang, MBA ’17

BUSINESS

STATS & RANKINGS

GRADUATE

CAREER SUCCESS

Brian Murillo BS ‘17

Top Business School

in Southern California for Employment “University of California, Riverside is a leader among public institutions in diversity and accessibility and the School of Business reflects that mission in the diversity of the students in its programs.”

— Yunzeng Wang, Dean of UCR School of Business

BEST GRAD SCHOOLS BUSINESS PART-TIME MBA

2016

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Most international MBA program nationwide — U.S. News & World Report

University of California Riverside School of Business

Business.UCR.edu

BEST

BUSINESS SCHOOL 2016

A Top 10 business school for minority opportunities — Princeton Review 2016

BEST

COLLEGES RANKINGS 2016

A Best undergraduate business program — U.S. News & World Report

UCR BUSINESS AROUND THE WORLD

1%

2%

Other US Regions

East Coast

35% International

62% California & West Coast

TOP COMPANIES EMPLOYING UCR BUSINESS ALUMNI AROUND THE WORLD DISNEY WALMART INTEL BANK OF CHINA CATHAY BANK

CITIC GROUP COACH KIA MOTORS MONSTER ENERGY PWC

TECHNICOLOR CITY OF RIVERSIDE SQUAR MILNER ERNST & YOUNG GENERAL ELECTRIC

CISCO EBAY EUROPEAN UNION PFIZER DELOITTE

BUSINESS

De B o lt

mcnal ly

U N I V E R S I T Y

O F

C A L I F O R N I A

R I V E R S I D E

Samantha Huizar, MBA ‘18

Anu Arumugam, MBA ‘18

Amal Alblwai, MBA ‘18

Zachary Melman, MBA ‘18

Connie Chiou, MBA ‘18

BS BUSINESS ADMIN

Abesse Ako MBA ‘18

MASTER OF PROFESSIONAL ACCOUNTANCY

Hamad Alhomaidhi MBA ‘18

Octavio Davila, MBA ‘18

FLEX MBA

MBA

UNIVERSITY OF CALIFORNIA RIVERSIDE SCHOOL OF BUSINESS Anderson Hall, South Campus 900 University Ave., Riverside, CA 92521 (951) 827-6329 Business.UCR.edu • Business@UCR.edu #UCRBusiness

MASTER OF FINANCE

PH.D.