Focus 2017 by University of Wyoming College of Business

FOCUS 2017

EXPERIENTIAL LEARNING “I feel like this is not only the best way to teach students, but it is the most fun way for them

COLLEGE OF BUSINESS

to learn.” — Elizabeth Minton FOCUS

The University of Wyoming MBA students develop practical business knowledge and apply concepts to real-world situations Apply now for early admittance into our limited class size MBA program Students who confirm early admittance are eligible for additional scholarships EARLY APPLICATIONS DUE NOVEMBER 30

MBA Practical Experiences. Powerful Outcomes. 2

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Hailey Levinson Manager, Inn on the Creek â&#x20AC;&#x201C; Jackson, Wyoming Town Councilor, Town of Jackson

MASTER OF SCIENCE

The University of Wyoming offers a Master of Science in Accounting designed for students who have completed their undergraduate degree in accounting with the intention of earning their CPA. Apply now for early admittance into our program. Students who confirm early admittance are eligible for application-based graduate assistantships.

ACCOUNTING

uwyo.edu/accounting

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COLL EGE OF BUSINESS STAT IST ICS

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COLLEGE OF BUSINESS

MAJORS

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FOCUS SUMMER 2016

COLLEGE LEADERSHIP Dean David Chicoine Associate Deans Kent Drummond & Chuck Mason Assistant Dean Steve Farkas & Steve Russell Accounting Dept. Chair – Penne Ainsworth (307) 766-3136 acctdept@uwyo.edu Economics & Finance Dept. Chair – Jason Shogren (307) 766-5430 econfinance@uwyo.edu Management & Marketing Dept. Chair – Grant Lindstrom (307) 766-3124 uwmgtmkt@uwyo.edu MBA Program Asst. Dean – Steve Farkas (307) 766-2449 mba@uwyo.edu Editor Steve Russell Graphic Designer Tana Stith

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LETTER EDITOR from the

GOING ABOVE AND BEYOND Here at the UW College of Business, we have a unique way of educating our students to ensure that they can and will become immediate contributors to the organizations that they join upon graduation. As students sit down in their seats, back for a fresh fall semester, class does not begin with “open up your textbooks to page 200.” Instead, questions are asked about which investment the class should make, how their research is coming along, or even discussing which companies they should work with throughout the semester on consulting projects. We refer to this style of learning by doing as “experiential learning” and we pride ourselves on the impact it has for our students. Let me take a step back to say thank you for your interest in our college. When we look at impact for our students, many people play a supporting role, yourself included. Our incredible staff advise and guide our students through their academic journey, alumni come back to speak with students in their classes, and the students themselves, as peers, make up a significant portion of the education we provide. Of course, the greatest impact comes from our faculty members – the backbone of our college and the facilitators of experiential learning. When you look around at universities all across the nation, you may see this “Ivory Tower” concept of professors who hide away in their offices, publish research articles in journals we will never read, with little to no passion about students. Not here. Not at our University of Wyoming College of Business. Here, we have professors who go above and beyond what is asked of them to ensure that our students have the best learning experience possible. These professors are calling upon their industry contacts to find real-world projects for their students to complete: enhancing post-trip engagement marketing strategies for the Wyoming Office of Tourism, creating efficiencies in the supply chain for many energy companies, evaluating the human resources practices of hospitals in the surrounding areas or even completing tax returns for less fortunate Wyomingites. While still completing and publishing some of the most impressive research in each respective discipline we study, these faculty members take extra time out of their semesters engaging industry to create these experiential learning opportunities and our students are reaping the benefits. As you read through this issue, take note of the different student success initiatives we have and how crucial the role faculty play in each and every one of them. I would be willing to wager that when asked why our faculty go above and beyond to facilitate student success, they will humbly respond, “that’s our job.”

Steve Russell Assistant Dean

FOCUS is produced and distributed once a year as a way for the College of Business to inform and serve our alumni, friends, prospective students, and the State of Wyoming. For additional copies, please email srusse18@uwyo.edu or call (307) 766-4112.

CONTENTS College of Business Statistics.............................................. 4 Letter from the Editor.......................................................... 6 Message from College of Business Leadership................. 8

$30K——> $50K

Experiential Learning

Daniel’s Fund Ethics Initiative

Class of $20.17 Giving

Letter from the Board Chair...............................................10 UW College of Business Advisory Board............................11 30K ——> 50K......................................................................12 UW Entrepreneurship Summit..........................................13 Experiential Learning.........................................................14 Portfolio Management.......................................................16 Undergraduate Research in Economics............................17 Accounting VITA Program..................................................18 Jackson Leadership Summit..............................................19 Business Innovation Summit............................................20 Sales Initiative.....................................................................21 Daniel’s Fund Ethics Initiative........................................... 22 Class of $20.17 Giving......................................................... 24 Focus on Giving Day, November 28th................................ 25 Focus on Donors................................................................. 26

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MESSAGE COLLEGE OF BUSINESS LEADERSHIP from

n June this year, we announced that Chuck Mason and Kent Drummond would be our new associate deans for our College of Business. Chuck and Kent will both be serving two-year terms as associate deans in support of our Interim Dean David Chicoine prior to a permanent dean search being completed before next school year begins.

“My goal, and I believe that of the entire leadership team, is to make the college the best it can be, and to make the job opening for new permanent dean as attractive as it can be made. I am looking forward to working with the faculty of the College of Business to help secure our future during these challenging times.” – Chuck Mason

Dr. Mason will be overseeing the research mission of our college, in addition to all of our graduate programs to include M.S. Accounting, M.S. Finance, M.S. Economics, Masters of Business Administration and our PhD programs in Economics and Marketing. Dr. Drummond will be overseeing the overarching student experience ranging from our assessments and accreditation through evaluations and upkeep of our teaching effectiveness. Kent has been recognized by our college and our university for excellence in teaching. This College of Business Leadership team will also be assisted by a faculty advisory committee invited to serve by Provost

“I’m extremely excited to be joining the COB leadership team for the next two years! Like most marketers today, I’m all about the experience of our clients as they encounter the service we offer. How can we optimize “The COB Experience” for our students, our faculty, and other stakeholders in our environment? Assessment, accreditation, and teaching effectiveness all have the potential to enhance that experience, and I look forward to working with you in these areas.” – Kent Drummond

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Kate Miller which will consist of representatives from all business disciplines. This committee will provide important input and advice to the College’s Leadership Team and, in the long-run, this committee will be instrumental in guiding the future of the college through a strong foundation in shared governance. It looks to be an exciting year of progress for our College of Business, includ-

ing these governance groups’ assistance in the development of the college’s next strategic plan. We look forward to the assistance and support of the college’s many alumni, donors, and friends, particularly the leaders who so generously serve on the college’s Advisory Board. Your support is key not just to recruiting and hiring the next dean, but to the long-run high performance of the College, its departments, and its programs.

ersonally, I feel very privileged for the opportunity to serve during this academic year as interim dean as the search for the next dean is completed. To be a part of the College of Business here at the University of Wyoming this year is special. Marcia and I hail from South Dakota. We recently retired from that state’s land grant university after 10 years as president and professor of economics where we worked with President Nichols. We returned to our home state of South Dakota and alma mater to serve as president from the University of Illinois where we were for many years. We sincerely appreciate the warm hospitality we have been shown by everyone since arriving at the university mid-August. I am proud to share that the college is poised to make substantial strides forward in the coming months. The direction will be set out in the college’s strategic plan that is under development this semester aligning with the university’s 2018-2022 plan, Breaking Through. I am pleased to have the opportunity to work with the Faculty Advisory Committee, department chairs, and our two associate deans on developing the strategic plan and on several other fronts such as the campus wide cluster hire initiatives in entrepreneurship and in data science. An important undertaking within the strategic planning process will be to determine the enrollment capacity of each department and thus of the college for undergraduate and graduate students, given the number of faculty and staff in the college and so forth. From this and related work will come a pathway to enrollment in the future to best serve students from Wyoming, the region and across the globe.

“We invite everyone to take the time to review the

A thank you to Dr. Klint Alexander, dean of the UW College of Law, for chairing the committee charged by UW Provost Kate Miller to search for and recruit strong dean candidates. With membership from the college’s faculty, staff, students, and the college’s advisory board, the committee, assisted by an executive search firm, is to develop the strongest possible pool of candidates from across the country and to give leadership to the hiring of our next dean by Provost Miller.

draft strategic plan and

The college’s strategic plan will be completed as a draft by November and made available for comment and review by college leadership, faculty, alumni, friends, students, and supporters. The plan is to be completed and submitted to the president in January 2018. We invite everyone to take the time to review the draft and provide feedback when this opportunity is made available. With your input and assistance, the final plan will serve the college well providing guidance for the college’s and university’s leadership for the coming five year planning period.

and assistance, the final plan

Thank you for your continuing interest in and support of the college.

five year planning period.”

provide feedback when this opportunity is made available. With your input

will serve the college well providing guidance for the college’s and university’s leadership for the coming

All the best,

David L. Chicoine, Ph.D. Interim Dean

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LETTER BOARD CHAIR from the

EXPERIENTIAL LEARNING OPPORTUNITIES FOR UNIVERSITY OF WYOMING STUDENTS O

ne might think that experiential learning opportunities for University of Wyoming students are limited due to the lack of major employers in Southeast Wyoming. Speaking from experience as both a former UW student and a current employer in Laramie, I will make the argument that UW students have plenty of experiential learning opportunities while attending school. These opportunities present themselves in several ways. First, Laramie and Southeast Wyoming have seen significant growth in entrepreneurial start-ups over the past two decades and many of them employ UW students. Second, through the efforts of well-connected UW faculty, there are now many large corporations outside Wyoming which offer a variety of opportunities for UW students. Lastly, there are also a number of students who pursue the entrepreneurial path while working on a degree. Some of these start-ups are simply a means for students to make some extra money while going to school, while others turn into viable long-term businesses. From my own experience, hiring students to work for my business, Handel IT, has been a win-win formula since day one. The students get work experience and make money while going to school, and we as a company get qualified employees, many of whom stay on in fulltime positions after graduation.

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A fair number of faculty at UW are also well-connected in industry and create opportunities for students to work for these businesses while attending school. Dr. Corey Billington, a visiting professor in management and marketing at the UW College of Business, is a great example. Over the past several years Dr. Billington has, through his vast network of connections, initiated group projects with major U.S. corporations including Walmart and Apple. This has created valuable learning opportunities for College of Business students and has even, in several cases, led to permanent job opportunities for students after graduation. The COB MBA program under the leadership of Steve Farkas is another good example. Each summer groups of MBA students work on projects for major corporations. Past projects have involved Black Hills Corporation, Sinclair Oil, Walmart, Hess, LLOG, and Anadarko Petroleum. As an assistant lecturer in entrepreneurship, perhaps nothing gives me more pride than when I see my students go out and start real businesses. Ocean Andrew, one of my former students, has had significant success with his food truck On the Hook Fish and Chips. In only his second year in business, Ocean now has two trucks and employs several UW students. I worked as an intern while going to school and I truly believe in the power

Even Brande of experiential learning. I think it goes hand-in-hand with classroom education and that one feeds the other. Students can apply concepts they have learned at school to their job, and their experience gained from working feeds back to their understanding of the subject matter in the classroom. I believe experiential learning is a key element of student success and I am thrilled that UW students have so many opportunities to practice this in their own community.

Even Brande Chair, College of Business Advisory Board

Chair: Even Brande (B.S. 1991, business administration; MBA 1993) – CEO, Handel Information Technologies, Inc., Laramie, WY

Vice Chair: V. Frank Mendicino (B.S. 1962, business administration; J.D. 1970) - Managing Director, Access Venture Partners; Westminster, CO

David Auge (B.S. 1977, general business management) – President, Teton Motors, Inc., Jackson, WY

Tyler Batchelor (B.S. 2004, economics and finance) – Commercial Coordinator, Chevron Corporation, Houston, TX

Tori Campbell (B.S. 1991, business administration) – President, Mizzen Energy, LLC, Denver, CO

Dennis Carruth (B.S. 1966, management information systems; MBA 1968) – President, Carruth Properties, Littleton, CO

Gregory C. Dyekman (B.S. 1977, accounting; J.D. 1980) – Attorney/ Partner, Dray, Dyekman, Reed & Healey, P.C.; Cheyenne, WY

David Emery (B.S. 1985, petroleum engineering) – Chairman, President, and CEO, Black Hills Corporation, Rapid City, SD

Joan K. Evans (B.S. 1988, finance, M.Ed. 1998) – Lead Consultant, Joan K. Evans Consulting, LLC, Cheyenne, WY

Gus Fleischli – President, Fleischli Enterprises, Inc., Cheyenne, WY

Nicholas R. Grooms (B.S. 2003, accounting) – Director, Grooms & Harkins, Casper, WY

Stig Hallingbye (B.S. 1977, general business management; M.S. 1982, agricultural economics) – Senior Vice President, Security First Bank, Cheyenne, WY

Patrick J. Higgins (B.S. 1975, accounting; MBA, 1981) – CEO, Orrison Distributing, Ltd; Cheyenne, WY

Kyle A. Hultquist (B.S. 1984, journalism) – Senior Vice President, Marketing & Communications, StandardAero, Tempe, AZ

Heath R. Hunter (B.S. 2003, finance; M.S. 2005, finance) – Chief Financial Officer, Warbonnett Construction, Inc., Greeley, CO

Peter M. Johnson (B.S. 1972, finance) President, Sinclair Oil Corporation, Salt Lake City, UT

Thomas C. Johnson (B.A. 1996, english) – Chief Performance Officer, Wyoming Business Council, Laramie, WY

Donald J. Kany (B.S. 1969, business administration; MBA 1975) - Owner, KARKCO, LLC, Englewood, CO

UNIVERSITY OF WYOMING COLLEGE OF BUSINESS ADVISORY BOARD • 2017-2018

Scott D. Macdonald (B.S. 1984, accounting) – CFO, Starz; Centennial, CO

Brandy M. Marrou (B.S. 2000, accounting) – CPA/Partner, McGee, Hearne & Paiz, LLP, Cheyenne, WY

Ann M. Nelson (B.S. 1986, business management and accounting) – Senior Vice President of Financial Services and Lending, Western Vista Federal Credit Union, Cheyenne, WY

Ty Nelson (B.S. 1994, finance) – President, First Bank of Wyoming, Cody, WY

Scott P. Nolan (MBA 2008) – Business Instructor and Department Chair, Casper College, Casper, WY

Michael J. O’Connor (B.S. 1984, biological sciences secondary education) – COO, US Medical Management, Troy, MI

Michael J. Peck (B.A. 1987, finance) – Vice President, First Interstate Bank of Laramie, Laramie, WY

Todd A. Peterson (B.S. 1978, international ag) – Regional President, Pinnacle Bank, Torrington, WY

Richard P. Reimann (B.S. 1982, accounting) – Partner, Lenhart, Mason & Associates, LLC; Casper, WY

James H. Rinehart (B.S. 1986, business management) – Real Estate Broker, Western United Realty, LLC (www. ranchbrokers.com), Laramie, WY

Pamela C. Ruehle (B.A. 1978, journalism; MBA 1982) – Retired Senior Executive, Accenture; Denver, CO

Kevin Rochlitz (B.S. 1993, marketing) – SVP, Corporate Sales & Business Development, Baltimore Ravens; Owings, MD

William R. Scarlett, IV (B.S. 1992, business administration) – President, Popo Agie Captial, LLC; Jackson, WY

William Schilling – Previous President, Wyoming Heritage Foundation; Casper, WY

Diane J. Shober (B.S. 1984, marketing) – Director, Wyoming Office of Tourism, Cheyenne, WY

Christopher M. Tice (B.S. 1993, finance; MBA, 1984) – CEO, Pharmacy Solutions and CEO, PharmaC, LLC, Jackson, WY

Diemer True – Partner, True Companies, Casper, WY

Jim Willms – Management Consultant and Previous CEO of Unilever Corporation, Cheyenne, WY

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ON ENTREPRENEURSHIP

$30K $50K E

ach year, hundreds of projects are completed by UW students and many of these projects result in creative and innovative ideas that students are very passionate about. Our college has recognized that these ideas, if taken to the next level, could become a marketable product or service so we have offered the John P. Ellbogen $30K Entrepreneurship Competition (The $30K) as a way in which students can explore their ideas further while being provided with business services and resources all along the way. This competition, through the generous support of the Ellbogen Foundation, is designed to encourage Wyoming students to act on their talents, ideas, and energy to produce tomorrow’s leading businesses and continue strong efforts towards diversifying our state’s economy. In October of 2016, 76 teams entered the $30K competition, representing every college at UW and including over 180 students. They were then narrowed down over multiple rounds of judging to the Top 10 teams. Each team was provided coaching resources, spent time in working seminars, and had mentorship from someone in a C-level capacity for 6 months. The competition eventually culminated in their final pitches on April 20th to a panel of judges representing education, venture capitalism, serial entrepreneurship, and banking. The top teams ranged from marketing ventures to mechanical engineering products to chemistry technology advances. The one thing all teams had in common – they were prepared. This year, each of the top teams went through a series of seminars related to the business components which surround their intellectual property idea. Strategy 12

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was a big topic covered this year, followed by accounting, marketing, sales, and legal. Teams were expected to attend these sessions as not only a way to more thoroughly prepare their businesses, but as a baseline to understand what venture capitalists and the judges would be expecting during each final presentation. The third place team, winner of $5,000, was Atmosphere Marketing, led by Dalin Cooper – senior in marketing. His venture focused on access for smaller businesses to marketing assistance in an effort to create more successful regional and state-wide businesses. Cooper’s business has already taken off and they have multiple satisfied clients. Hopefully, his business will continue to grow right alongside the Wyoming businesses he helps. The second place team, winner of $10,000, was Valued Energy Forum, led by Greyson Buckingham and John Lee – both MBA students. Their venture sought to deliver greater efficiencies in the oil and gas supply chain by creating a robust E-marketplace. They focused on the difficulties operators come upon with regard to onsite power generation in areas that are not connected to the grid. By leveraging a reverse auction structure, they hope to create fair and competitive pricing which will equip operators with more knowledge

of the companies they are working with for power generation. The first place team, winner of $15,000, was Lev’sonic, led by Levente Pap – a Chemistry doctoral student from Hungary. Pap’s product is a hardware and software platform that provides direct conversion of speech to digital text via speech recognition to be used specifically for professionals in fields such as engineering, medical practice, and science. Equipped with safety features such as gas sensors and a connection to artificial intelligence, this product aims to reduce the significant amount of time and risk involved in these fields due to the constant inability to take and review notes while working. To wrap up the competition this year, Mary Ellbogen Garland of the Ellbogen Family Foundation joined President Laurie Nichols and UW College of Business administration to announce an extremely generous gift which will bring the competition next year and in all future years to a $50,000 dollar competition – The $50K! After seeing the significant growth of the competition and recognizing what this could mean for our state, the Ellbogen Foundation has enhanced their support of this competition, setting this competition on an elite playing field with some of the top business schools in the nation.

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ON ENTREPRENEURSHIP

UW ENTREPRENEURSHIP SUMMIT T

he State of Wyoming, through the work of economic development agencies like the Wyoming Business Council and teams put together by Governor Matt Mead towards his ENDOW initiative, will undergo tremendous efforts to diversify our economy. Recognizing that the University of Wyoming is the only four-year institution in the state, we are determined to play a defining role in this diversification effort, particularly with regard to entrepreneurship. Over the course of the last three years, our entrepreneurship competition has gone from 14 applicants to over 75 applicants each year and we think this is a powerful start. It is not enough to simply compete in a competition and begin a company though, so we have established programming to encourage all entrepreneurs from around the state, both brand-new and more well-established, to join us for a new conference in Laramie each year – The UW Entrepreneurship Summit. This year, the day was broken up into business resource presentations from the Wyoming Business Council and other partners, a lunch panel consisting of Wyoming entrepreneurship success stories, $30K final business pitches, and a powerful keynote speaker named Anat Baron – former executive of Mike’s Hard Lemonade and current serial entrepreneur. University of Wyoming faculty, staff, and administration were all in attendance, including UW President Laurie Nichols and Provost Kate Miller. Outside of UW employees, we saw students

and faculty from around the university, high school students and their advisors, and even current entrepreneurs from across the state all in attendance. They witnessed the elite level students participating in the competition, learned about trends in entrepreneurship at a global level, and recognized the support around the state for entrepreneurship with which UW and specifically the College of Business can play an integral role in. Through more in-depth programming like this, our goal as a college is to assist in the activation of more potential entrepreneurial ventures around the state. Most people would love to have their own business, but think it’s scary or too difficult to start-up on their own. We want to show them that they do not

have to do it on their own. Students are given resources throughout our competition and classes. High school students we work with through DECA and FBLA can learn the newest trends and processes for business creation. Even current entrepreneurs around the state can learn about open innovation to think about how they can expand and grow their business offerings. We even invite current businesses from around the state to start sending us their problems to work on during our classes, which inherently gives that business a free resource while also showing our students what entrepreneurship looks like. We think this model, in the longrun, will pay dividends for our state and for the way we educate students about entrepreneurship.

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ON EXPERIENTIAL LEARNING

ELIZABETH MINTON

“The things I remember to this day from my college experience were all experiential. In fact, one opportunity in particular, which lead me to work with Alaska’s Office of Tourism is the reason why I teach my classes the way that I do now.”

FACULTY SPOTLIGHT

EXPERIENTIAL LEARNING B eing an assistant professor of marketing here in our College of Business, Elizabeth Minton is very familiar with how influential word of mouth can be. This year, word of mouth has circulated the message that a business degree can be challenging, but it’s fun and exciting at UW thanks to professors like Elizabeth. The largest incoming class of students in College of Business history

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suggests that word has definitely gotten out. The classes are rigorous and often involve a lot of additional time spent on projects outside of the classroom though. So what makes a business degree from our college so appealing? The response you will get from Professor Minton is pretty simple – experiential learning.

“The things I remember to this day from my college experience were all experiential. In fact, one opportunity in particular, which lead me to work with economic development for one of Alaska’s native tribes is the reason why I teach my classes the way that I do now.” While students at other universities sit down to review a case study about how a large company was successful with their

“I feel like this is not only the best way to teach students, but it is the most fun way for them to learn.”

marketing campaign, our students are creating successful marketing campaigns for local businesses. Instead of studying for a quiz, our students are signing non-disclosure agreements with companies so that they can “study” the company they are working with. Finals week doesn’t have students stressed out about taking a test – they are too busy preparing to pitch their ideas to company leadership about their consulting project. Experiential learning helps to bridge the gap between understanding a concept and mastery of a concept. Many students graduate from college with a list of relevant classes to talk about during a job interview which only suggests that they are familiar with a topic conceptually. Our College of Business students send out resumes which have substantial bullet points ranging from increasing the efficiency of a supply chain to increasing post-trip social media engagement numbers or even co-authoring a published research paper. These students are much more immediate contributors to the organizations that they join because they already understand industry expectations. Our students have needed to provide deliverables to a client and have been held accountable. Through this unique style of teaching, we know that our students also have better career outcomes in addition to learning outcomes in the classroom. As students work hand-in-hand with members of an organization and dive deep into the company to truly understand what their value proposition is, they are not left at the end of the class with a fif-

ty-page paper that will be left on a shelf to collect dust. Instead, our students become the natural candidates for those organizations to hire, as the onboarding time for them has been substantially decreased. Between our students already having a strong understanding of the organization, and having already been evaluated during the semester-long project, the company has a chance to “de-risk” their hiring process by choosing the top students from the class for internships or full-time jobs. There has never been a mandate within our College of Business about professors using experiential learning methodology. The understanding within our college is that professors having to take their time to connect with industry professionals and coordinate these in-class projects obviously takes up more time than testing students or using case studies. So why do professors like Elizabeth Minton spend the extra time and energy teaching in this style? It would almost seem like there are just not enough hours in the day for all she would need to accomplish. The answer to why is simple - our professors are committed to educating students through the best methods possible and find this as a way to truly make a difference in the students’ lives and futures. Last year, classes within our College of Business raised over $5,000 for various local charities, presented to classrooms filled with industry professionals, and in addition to word of mouth driving more students to our college, word of mouth has increased the number of projects we do each year. Elizabeth talks about how challenging it was to build up a client base at first and how she really had to track businesses down to participate. Now, not only do businesses come to her class seeking help, but she has been invited to sit on the advisory board for the Small Business Development Center in Wyoming.

Experiential learning comes in different shapes and sizes within our college. In our accounting classes, it might be represented by our students working with the Volunteer Income Tax Assistance (VITA) program. Finance students are trading with real money. Economics undergraduate students are getting the chance to participate in high-level research projects that traditionally would be reserved for graduate students at most schools. Entrepreneurship students develop and establish businesses. Marketing students are developing campaigns to pitch, and management students are actually consulting for businesses. Regardless of the type of experiential learning that is going on, the commonality between them is that our professors support this style of learning because it makes a difference in the lives of our students and brings meaning and purpose to teaching. That’s why we are all here. “I think many professors feel that having to build and exercise industry connections to fuel these types of projects really keeps us up-to-date with industry trends. It’s not only fun for our students, but I’m also continually learning during the process as well. Additionally, seeing students grow in their confidence of business principles throughout the course is rewarding as students learn concepts through experiential learning they cannot learn in books, such as the challenges of working with demanding clients, altering desires among leaders of a company, and how constant contact with a company throughout idea development is critical.”

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ON FINANCE

PORTFOLIO MANAGEMENT M

any people are familiar with a unique room in our building known as the Trading Lab. Often times incoming students and their parent’s pause while walking by the room as they gaze at a very vibrant atmosphere. When the room is running on all cylinders it resembles an investment/research meeting where debate and discussion is occurring so I am often asked what truly goes on during our famous Portfolio Management classes. Fortunately for me, I happen to have spent some time with the professional who runs the lab – Philip Treick. Philip Treick sat at his desk, smiled at me, and invited me into his office one morning not too long ago. He has an impressive story to tell and we want to make sure that students interested in studying finance are aware of just how exciting the story is. As we start talking, you can see the gears beginning to turn in his mind. Where to begin is the question at that moment with the always logical answer of – at the beginning. If you know anything about Philip Treick, you know that he has accomplished some impressive feats throughout his career on Wall Street and as a hedge fund manager. According to Philip however, no less challenging a feat was the development of his Portfolio Management class here at UW. Although Philip still works in the industry as a portfolio manager for Tocqueville Asset Management, teaching our College of Business students has really become a passion. So when he sat down to develop the class, he knew that he wanted his class to be influential. He wanted to make a difference in the lives of his students by providing context to the business education they had received.

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Step one was to break down everything the students had learned about finance. Their education up to that point was tremendously valuable; however, so many students understand the price of everything, but the value of nothing. He thought back to his days as a finance student in our College of Business and compared that to his first few years in the industry. He was convinced that the steepest learning curve for recent graduates revolved around two ideas – stage fright and what he calls learning the “language of finance.” Stage fright for many people is a simple matter of trembling a bit while public speaking. For people in the finance industry, stage fright is so much more. When a wrong answer means a loss of money, many people are nervous answering the question at all. He, therefore, sought out to ingrain in his students the idea that success is defined by how you think and to think critically. If you google “what does critical thinking mean?” the result is - the objective analysis and evaluation of an issue in order to form a judgment. The example given is, “professors often find it difficult to encourage critical thinking amongst their students.”

While thinking critically is necessary, it is nothing without the “lingo.” Learning how to interpret and communicate the “language of finance” is the key to a student and by definition future employee/entrepreneur actually being able to meaningfully contribute to a business or even form one. Philip’s goal is to provide UW College of Business students in his classroom an environment which they might otherwise only encounter working for an investment operation. This differs from the theoretical style of education that most schools offer to students throughout the course of their academic career by focusing on the applied. In his professional career, Philip mentioned he has made every investment mistake known to man. Using the classroom to describe them, in essence, relive them with students, brings it all together. The cash flow statement becomes the students’ best friend, the text book really, to the language of finance. When our program is led by someone passionate about seeing students grow and excel and provides them with the framework to ensure they can think critically, speak critically, and remove their stage fright, results are inevitable. Performance for the second quarter ending June 30th this year for the student managed State of Wyoming account was 4.06% compared to the S&P 500 return of 3.09%. That type of performance puts our program in the 16th percentile ranking. This calendar year we have seen a return of 10.08% versus the S&P 500 return of 9.34%, still placing us in the 29th percentile. Philip is very pleased with the students’ performance since he has arrived and our students are finding great internship and job opportunities because of the tangible experiential learning opportunity that they can showcase on a resume and speak about during their interviews.

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ON ECONOMICS

UNDERGRADUATE RESEARCH IN ECONOMICS D

uring the course of a prospective student’s visit to our College of Business, they often times meet with a faculty member within their area of interest. In the case of students interested in studying economics, Associate Professor David Finnoff takes just about every visit. Dave is the director of our undergraduate program within economics, serving as the academic advisor to every student within the discipline. Combine his experience in that role and his responsibility to teach the capstone course in economics, and the result is someone who truly oversees the full experience of our students. Throughout Dave’s experiences, he has noticed that many students barely scratch the surface of what they are truly passionate about in economics by the time they graduate. The discipline covers so much ground that this is not uncommon to see. This insight has shifted the way he teaches our capstone course to become much more experiential, which in turn, hopefully, allows students to take a deeper dive into the area within economics that they are passionate about before they graduate.

also become a common piece of a job application deliverable for our students to showcase their knowledge to employers. This type of experiential learning may, at times, appear to be different than a student having an internship or stepping in for a job shadow, but it’s not. Students within the field of economics are often expected to conduct research, to connect the dots, and to critically think in their jobs post-college. If we can provide them better practice at honing in and mastering these skills, it produces a more confident graduate that will have better success right out of the gate similarly to having completed an internship. The Department of Economics within our college has been world-renowned in the research field surrounding environmental and natural resource economics

for over three decades. After this much success, the department has recognized an opening to create a high-level experiential research program for undergraduate students – something that many undergraduate students at other research institutions do not have the chance to partake in. With programming being put in place as we speak, undergraduate students within the field of economics will now have the opportunity to be paid for working closely with a faculty member on a substantial research project over the course of a summer. Their experience will be much like another business student’s internship would be, except they will be able to potentially co-author a paper or provide research-based evidence to public and private entities alongside our professors.

The research papers that students produce following the capstone course are a product of the student working on an independent analysis. During this time, students are truly evaluated not only on their depth of knowledge within a particular subset of economics but on their ability to ask good questions and connect the dots within other areas. This type of writing sample not only helps a student learn more about the area with which they might want to work in, but it has

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ON ACCOUNTING

ACCOUNTING VITA PROGRAM 2016 was the second year that our accounting program has participated in the Volunteer Income Tax Assistance Program, a program designed originally as a federal program through the IRS to help people who need assistance preparing and filing their own tax returns. Traditionally, local tax accountants have driven this program across the country as a great way to give back to their communities, but our accounting program has recognized that this is a great experiential learning opportunity. Amber Mercil, director of the accounting graduate program, challenges her students to go through a series of online training modules in addition to what she teaches in her classes so that students can prepare to be a part of the VITA program. Her students then commit to giving up their weekends and evenings in usually four-hour long sessions at a time in order to better understand the world of tax. Amber suggests that this is an important way for students to know whether or not they want to continue

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their education and career path towards the tax path in accounting versus other options like audit. Not every student comes out of assisting in the program with a heightened interest in tax, but those that do are already excited for the following year and those that don’t are one step closer to figuring out what their passion is in accounting. As the only four-year university in the state, our business programs like accounting recognize that their service and outreach to the state through opportunities like this is crucial to our economy. Enhancing peoples’ understanding of preparing their own taxes is an invaluable skill to be able to assist people with, and we need to be sharing those skills in our own communities. When students first start the program Amber reminds them not to be scared. She knows that by giving their time and talents, though challenging, they will be rewarded in experience. Learning by doing is imperative for tax accountants because, by the time they are seeking

“I initially signed up for the VITA Program because, as a student majoring in accounting, I really wanted to get some experience with taxes. The tax system can be extremely complicated to understand, especially for those who do not have a background in the field. Although it was very beneficial to get familiarized with taxes, I soon found out that the program was less about me getting experience, but more about assisting those who needed help filing their confusing tax returns. Because of my experience with VITA, I now have a far better understanding of the tax system, but more importantly, I have a new appreciation for helping others.” – Vanessa Munoz

full-time employment after graduation, they will be expected to support the operation of whichever firm they join without needing the “ramp-up time.” This past year we had 25 accounting students who volunteered throughout the course of over 20 different sessions held at the Albany County Library. Those students racked up close to 200 hours’ worth of volunteer work and assisted enough taxpayers to produce total refunds of over $800,000. Statistics like this are often times the ones that stand out on our students’ resumes to employers across the nation.

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ON MBA

JACKSON LEADERSHIP SUMMIT T

he UW MBA Program began the semester with their annual Jackson Hole Leadership Conference. This conference is a truly impactful experiential learning opportunity and encompasses not only the opportunity to interact with industry professionals, but to also gauge growth within the program as students attend the conference twice during their time in the program. This year, with 17 high-level executives in attendance, 10 faculty members, and 46 students, it was the largest attendance the program has had to date. The conference is the brainchild of Bill Newton, a very close friend of our College of Business and specifically the MBA Program. The event begins with a reception on the first evening which allows industry professionals residing in Jackson the opportunity to meet students and faculty for the first time. Students start off their first day by having the privilege of sitting in on a keynote speech from The Honorable Richard B. Cheney discussing everything from his time at and support of UW through his time in the White House as well as the number of years he spent in industry. It seems to be more powerful every year.

the early stages of their careers, but for the rest of their lives. Breakout session time follows during the conference and is designed to afford our MBA’s an opportunity to engage in an informal exchange with these Jackson professionals while gaining unique and personal insights into career and professional development. This year we want to thank the following professionals from Jackson for attending and contributing to the education of our students: • William (Bill) J. Best • Dick Cheney • Katharine Conover • Chad Deaton • Eugene Fife • Sara Flitner • Laura Harrison • Cathy Kehr • Jerry Kitchen • Jim Lewis

• Ed Liebzeit • Patrick Lupo • Kate Mead • Rob McKee • William C. Newton • Ruth Ann Petroff • Laurent Roux • W. Richard (Dick) Scarlett III

“Six years ago, at a fundraiser for the University of Wyoming, the thought occurred to me that perhaps I had more to share with students than a charitable donation. I asked a few students if they would be interested in hearing from some of the elders present that evening about our personal experiences in international business. The students were eager for the experience and that’s how it started. I invited a group of outstanding business men and women to share their wisdom with particular emphasis on the characteristics that contributed to their successful careers such as integrity and hard work. My hope and expectations were, through this conference, students would gain insight into the business world before graduating. My hopes and expectations have been fully realized!” – Bill Newton

Alongside of powerful keynote speeches, panels of executives are organized throughout the day to allow our MBA students to broach some challenging topics such as leading an organization during difficult times or responding to changes in a competitor’s strategy. Ethical issues often come up as a “hot topic” during these discussions and the insight of these executives can make a significant impact on the choices our students make following graduation in not only FOCUS

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ON MANAGEMENT AND MARKETING

or the last three years, as experiential learning projects in our college have grown exponentially, we needed a platform to recognize all of our students’ hard work. Members of our management and marketing faculty got together and developed what is now referred to as the Business Innovation Summit. At the end of each year, as projects are culminating, there is an expectation from our industry clients that students will produce a deliverable. The Business Innovation Summit is where those deliverables are presented and as if the presentation to high-level industry professionals as a student wasn’t nerve-wracking enough, industry professionals representing almost all of the projects for that semester are in attendance for all of the presentations. By having real clients, our students are working on real problems and this is an opportunity for them to showcase real results to those clients. Many students attending business colleges around the world subscribe to the idea that they will be educated at their school and then trained once they take their job. We feel that students should be trained while they are educated and through the projects and programming during the Business Innovation Sum“We need to clarify that these companies do not work with us as a favor to the college. These companies have an interest in growing their businesses or becoming more efficient and we, as the College of Business, have a responsibility in this state to assist with economic development opportunities like this.” – Corey Billington, Professor of Entrepreneurial Practice

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BUSINESS INNOVATION SUMMIT

mit, we feel that our students understand what will be expected of them should they take jobs with any of the companies present. And many of them do accept jobs with these participating organizations. Companies have come back to work with our classes multiple times as they begin to truly understand the value of what our students can do. One organization out of Cheyenne called Health Reach has now worked with three different classes, has hired our students, created internship opportunities, and has grown immensely during this time. Business development simultaneously happening while our students are learning is a win-win. In addition to companies working with our students, their participation in the Business Innovation Summit truly expands their knowledge base of successfully solving problems. Often times the problems one business in a certain industry has are problems that have been solved in other industries. By putting together a dynamic group of industry professionals in a learning environment

we can foster what has been referred to as “knowledge brokering.” Non-competing organizations can help each other problem solve at a rate that is much faster and with deliverables related to problem-solving being provided by creative and innovative students, this event has found its place permanently within the schedule of many business owners and operators.

“Through the experiential learning process, my firm has experienced first-hand the benefits of working with undergraduate and graduate students in a collaborative environment to help our small Wyoming professional services firm position itself for the future. The opportunity to work with the professors and students in this program has proven to be extremely valuable.” – Jason Roesler, Partner, CPA Group of Laramie

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ON SALES

SALES INITIATIVE I

n 2010, the Georgetown Center on Education and the Workforce stated that the number of sales jobs requiring a bachelor’s degree or more in Wyoming and the surrounding states is estimated to grow by 268,000 jobs in the coming decade. With more educated and informed consumers through technology, the Wall Street Journal has specifically pointed out that 56% of wholesale and technical sales positions now require a bachelor’s degree. This information paired with information from the Sales Education Foundation reporting that 50% of all college graduates and 60% of business graduates will accept a first job in sales warrant the development of a professional, business-to-business sales program at the University of Wyoming. Alongside a combined entrepreneurship effort at our university aimed at growing our own new businesses, it is apparent that highly educated and highly trained sales people will be needed to move the dial forward for these organizations and existing organizations with an interest in expanding. In 2015, a transformative gift was given to our college from two incredible University of Wyoming alumni, Frank and Barbara Mendicino. This gift was for the creation of a faculty chair in sales and salesmanship. In the spring semester of 2017, Professor Mark Leach joined our college filling this chair. Mark comes to our college from Loyola Marymount in Los Angeles, but grew up in Southern Colorado and has assured us that he can “handle” our winters. He has been tasked with leading our sales snitiative not only within our College of Business, but at the university-wide level.

“It doesn’t matter if you are an engineer or an artist, if you deal with people you are in sales. Providing programs in sales can empower UW students across campus by developing unique and desired capabilities as well as by expanding their job opportunities.” – Mark Leach

In the short amount of time that Mark has been a part of our college, he has accomplished a lot. He has developed a student sales team and taken them to compete in a national competition at Indiana University, interest in sales classes has more than doubled, and he has developed a full curriculum for students to get their degree concentrated on professional sales and sales management. We aren’t sure when he sleeps, but we do know that the students love him already. His next task

appears to be the inclusion of a sales minor offered to all University of Wyoming students, as he continues to enhance the number of students’ lives that sales education will touch on our campus. The establishment of our sales program is one of the first in our region, ensuring that we are the most attractive college for a sales organization in this area to recruit students from for full-time opportunities. Mark Leach is one of the first endowed sales professors in the nation putting his research at a top-notch level of recognition and realizing opportunities through our PhD program for students to earn their doctoral degree with a concentration in sales – something that very few programs in the nation offer. We are poised to be firing on all cylinders, but Mark reminds us that the goal of this program is to partner with industry to provide students with a world-class experience while simultaneously meeting the needs of industry. That being said, Mark consistently visits with sales managers and organizations to understand how we can better align the training our students receive with the needs of those hiring organizations to ensure that our sales students have extraordinary placement rates upon graduation. In connection with our Peter M. & Paula Green Johnson Career Center, there will be many more experiential learning opportunities like the one provided to our student sales team to get their hands dirty understanding what it takes to be a high-caliber, professional salesperson. Any and all alumni or friends of UW are encourage to get in touch with Mark to explore what these opportunities might look like.

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ON ETHICS

ETHICS INITIATIVE E

thics is a core component to our college and is heavily integrated throughout not only our curriculum, but our culture here in the College of Business. The efforts to drive more ethics-related activities in our college, our campus, and across the region can be credited to our Bill Daniels Chair of Business Ethics, Kent Noble, and the partnership we have with the Daniels Fund. As the chair of business ethics, Kent is responsible for teaching undergraduate and graduate students, serving as a resource for Wyoming businesses and the state’s community colleges, developing nationwide visibility for our ethics initiatives, and serving as our college’s representative in the Daniels Fund Ethics Initiative Consortium. The Ethics Consortium consists of 11 schools across the mountain west region and is designed to be an immersive and relevant educational experience that promotes and demonstrates the value of principle-based ethics at the collegiate level. The Daniels Fund Ethics Initiative encompasses the following eight principles: integrity, trust, accountability, transparency, fairness, respect, rule of law, and viability. To ensure that our classes and curriculum are taught experientially with these principles in mind, Kent Noble has established a Daniels Fund Ethics Initiative Faculty Fellows program within our College of Business. These fellows include our Department Chair of Accounting & Finance Penne Ainsworth; Assistant Professor of Marketing Elizabeth Minton; Professor of Marketing

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“Ethics isn’t something that you can simply talk about. It becomes most relevant when you can have an applied experience where you have to make a decision. It is at that time when you can think back to your personal integrity principle and decide whether or not the organization or the action in question aligns with who you want to be and how you want to be known.” – Kent Noble, Bill Daniels Chair of Business Ethics Mark Peterson; Assistant Professor of Management Chase Thiel; and Assistant Professor of Finance Pawan Jain. Each of these fellows incorporates different ethics elements in their job responsibilities, whether that be outreach to the Wyoming Society of CPAs through

Penne Ainsworth or the integration of ethics into undergraduate, MBA, and PhD classes through Mark Peterson. Experiential learning about ethics is not limited to the classroom though. Kent Noble and his graduate assistant, Matt Schlanger, have started a new student organization on campus called the Student Center for the Public Trust, an organization that demonstrates a commitment to ethical leadership with a national network of collegiate chapters that provides students with opportunities to participate in training sessions, conferences, community service, and business ethics competitions. This student organization is supported by the NASBA Center for the Public Trust alongside of the Daniels Fund, Kent Noble, and our college. Most recently, the StudentCPT has gotten involved with the Learning by Giving Foundation, something unique to our ethics program. This foundation provides a platform for students to become thoughtful and effective givers by making real dollar grants to nonprofit organizations in our local community. Through this experiential learning opportunity, students are responsible for the due diligence process in researching why a local nonprofit is deserving of a grant. With the immediate success of this program, we have also created other pilot ethics programs, including the ability for finalists in our John P. Ellbogen $50K Entrepreneurship Competition to submit a strategy for creating an ethical culture within their organizations in order to win additional grant funding.

Campus and community outreach is also a priority for the 11 universities that make up the Daniels Fund Ethics Consortium. Therefore, our college has developed two primary ethics outreach vehicles. The first is What Do You Stand For?, a two hour program where each participant creates a personal code of ethics based on what matters most in their lives and careers. The other primary offering is What’s Your Brand?, a 90-minute program that spotlights the importance of being known for your integrity, attitude, and grit. Last year, our college conducted dozens of these outreach presentations for business, education, and community leaders, as well as a number of student organizations. Each group became familiar with the Daniels Fund Ethics Initiative Principles and how they provide a framework for teaching principle-based ethical decision making to our students. Additionally, participants walked away with ethics-related tools they can use personally and professionally. However, our college’s ethics outreach extends well beyond just presentations. In the fall of 2016 at an early-morning meeting at Turtle Rock Café in Laramie, Kent Noble and Leadership Wyoming’s Bill Schilling determined it was time for Wyoming to honor leaders who have lived a life of integrity at work, at home, and in their communities. Soon after, the two shared the concept with their respective organizations, as well as the Daniels Fund, and in a matter of a few short weeks, the Wyoming Ethical Leadership Award became a reality.

In brief, business leaders and community college representatives from around the state nominate Wyoming residents who embody the eight Daniels Fund Ethics Initiative Principles. Nominations are then reviewed by a final set of judges representing the College of Business, Leadership Wyoming, and the state’s community college system. In January of 2017, Powell’s Dave Bonner was selected as the inaugural recipient of the Wyoming Ethical Leadership Award (see picture below). Mr. Bonner was recognized for serving as president of the University of Wyoming’s board of trustees, for serving 50 years as a highly-regarded newspaper publisher, and for his selfless service as a legislator and state elected official. With a successful formula in place, our College of Business decided to look for other opportunities to spotlight ethical leadership. As luck would have it, our next partner was just across campus.

Each year, the University of Wyoming Student-Athlete Advisory Committee hosts the WESPYS, an awards program which honors great team and individual accomplishments from the past season. In 2017, our college worked with the organizers of the WESPYS to create the Wyoming Athletics Department Ethical Leadership Award, which recognizes a UW team, coach, player, donor, and/ or volunteer who embodies the Daniels Fund Ethics Initiative Principles on the field, in the classroom, and/or in the community. The first recipients of this award were Chris and Barbara Gunther, who have served as mentors and academic volunteers to dozens of UW student athletes over the years. Furthermore, our students, faculty, and staff all engage in outreach through the use of Daniels Fund Ethics Principles Recognition Cards. The purpose of these cards is to acknowledge people who have performed ethical acts, both large and small. In other words, it is a way to express appreciation and gratitude for displays of principled behavior, while also building awareness of the Daniels Fund Ethical Initiative Principles on our campus, as well as around the state and region. Students also distribute these cards as part of an in-class assignment. The assignment helps our next generation of business and community leaders become more aware of ethical and unethical behavior as it is encountered. In closing, when it comes to the Daniels Fund Ethics Initiative Principles, there is a saying from an unknown author that Kent Noble likes to share with his students: “When you base your life on principles, most of your decisions are made before you encounter them.”

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GIVING

CLASS OF $20.17 GIVING T

his year, the University of Wyoming was ranked #1 on Student Loan Hero’s list of “20 States Where College Is Worth the Cost.” Our students will typically break even on their investment to attend college at UW after less than two years of working after graduation. Around 54% of our students actually graduate from UW without any student debt. Within our College of Business, we assist students in graduating on time through our Academic Advising Office and we assist them in acquiring a successful job upon graduation through our Peter M. & Paula Green Johnson Career Center. During this time we are able to offer our COB students more than $400,000 in scholarships. These opportunities that are afforded to only students at our college are due to the support we have had and continue to have from our alumni and friends. In May of 2017, our Distinguished Alumni of the Year, Frank Mendicino II, informed us of another level of support he and his wife Barbara were willing to offer the students graduating in 2017. He agreed that they would match any gifts that 2017 graduates gave this year and every year hereafter up to $5,000 per year. His goal and the goal of our college was to remind graduating students of the opportunities they have had throughout their experience within our college and to pay those experiences forward to future students so that the affordability and quality of the experience can remain the same, if not better.

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were leaving College of Business alumni and supporters out though. He reminded his classmates that people were willing to provide scholarships to him without even knowing him. He accepted his first job with an alumni connection to our College of Business as well and the list went on. His point – that with the support of their graduating class, future students could stand on the shoulders of alumni to reach new heights they never thought they could achieve.

Michael Rotellini With Frank and Barbara’s match in play, graduating students were invited to participate by giving back $20.17 to the college in connection with their graduation year. All throughout the week leading up to graduation students participated, combining to a grand total of 73 students pledging to give back $20.17 – around 40% of the graduating class! During the commencement ceremony, the previous ASUW Student Body President, Michael Rotellini, stood up to say a few words to his classmates. He encouraged the class to think about the people they would thank for helping them along the way to graduation and he mentioned the typical responses would be family, friends, and supportive faculty members. He felt that they

It is not the work of one individual alone that makes an impact, but rather that of a whole class or group or organization driving towards a common goal. Together, alumni can truly make a difference in the lives of students and establish an even greater margin of excellence for our College of Business.

It is not the work of one individual alone that makes an impact, but rather that of a whole class or group or organization driving towards a common goal.

CHALLENGE CLASSES to all

y name is Christy Bessert and I graduated from UW in 2016 with a Master’s degree in Accounting and now work at Rylander, Clay & Opitz, LLP as a Tax Associate in Fort Worth, TX. I feel so privileged to have the opportunity to be a part of this year’s FOCUS issue and I hope that this message resonates with you because I am passionate about it. When I graduated in 2016, I donated $20.16 to support my college – our college. I knew that it wasn’t a lot of money, but it was what I could do at the time and I believe in paying it forward. The education I received from the incredible faculty was second to none and I want to support future students receiving that exceptional education just as I was afforded the opportunity to do so. My hope is that all current and future College of Business students will reach their career goals as I have been able to with the help of UW and its support-

$20.16 again on November 28th, but then I started to realize that I probably spend more than $20.16 on coffee every month. So this year I’ve challenged myself to increase my level of support and donate $20.16 each month to our college. I’m writing you today because I want to challenge you to do the same with your graduation year.

ers. I found my current job opportunity through UW alumni and I would not be in Fort Worth today if it weren’t for the education and support UW provided me. Each year, UW celebrates Giving Day on the Tuesday following Thanksgiving. My plan this year was to give my

Whether it be your first gift back to the college for your graduation year, $200.16, or $2,016, I invite you to join me in supporting our alma mater. I know that your diploma, my diploma, and the diploma of someone who graduates from our college in the future will always have the University of Wyoming on them. Let’s make sure that the value of having the University of Wyoming on our diplomas only continues to go up! Go Pokes!

I/we would like to make my/our gift to the College of Business: o College of Business o Accounting

fou n dati o n

o Economics and Finance o Management and Marketing o Other ___________________________________________

Marian H. Rochelle Gateway Center 222 South 22nd Street Laramie, WY 82070 (307) 766-6300 • (888) 831-7795 P18BF

ONLINE:

Make a payment online using our secure server: www.uwyo.edu/givonline.

PHONE:

Call the University of Wyoming Foundation during normal business hours at (307) 766-6300 or (888) 831-7795.

MAIL:

Make checks payable to the UW Foundation, indicate your allocation prefereence and mail to the address above. Your gift is tax-deductible by law.

Please indicate any changes to your name and/or address: ______________________________________________________ Please send future issues of FOCUS electronically to my preferred e-mail address: ___________________________________

Thank you for your continued support! FOCUS

FOCUS $1,000,000 or More

Mrs. Susan K. McMurry The McMurry Foundation The Daniels Fund PeopleSoft, Inc Mr. and Mrs. W. Richard Scarlett, III Mr. and Mrs. Patrick C. Rile Peter M. Johnson and Paula Green Johnson Mr. and Mrs. Solomon D. Trujillo Truecos Foundation

$500,000 - $999,999

Mr. and Mrs. V. Frank Mendicino, II John P. Ellbogen Foundation Mrs. Katherine A. Drew Mrs. Joan K. Murphy Mr. Gregory C. Dyekman Mr. John D. Haley Mrs. Deanna B. Lien

$250,000 - $499,999

Mr. and Mrs. Sam Kelly, Jr. Mr. Paul E. Lowham Mr. and Mrs. Scott D. Macdonald Mr. and Mrs. Patrick J. Higgins Ms. Carol Bruce Mendicino Family Trust Mr. John C. Clay Dr. Ronald D. Schlattman The Miles Charitable Trust Macdonald Family Foundation Mr. and Mrs. Michael H. Guetz The Guetz Foundation Mr. and Mrs. Allan Fulton Mr. James H. Rinehart Mr. and Mrs. John P. Jones Crestcom International Ltd

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ON DONORS $100,000 - $249,999

Mr. John W. Keefauver Mr. and Mrs. Donald J. Kany IBM Corporation Wyoming Bankers Association Union Pacific Foundation Woodson Family Foundation Paul Stock Foundation First Interstate BancSystem Mr. Charles A. Micale Charles A. Micale Foundation Lenhart Mason & Associates, LLC Joe and Arlene Watt Foundation, Inc. Mr. and Mrs. B. Carl Lee Mr. and Mrs. William Newton Dr. Curtis A. Cramer Mr. and Mrs. Brent A. Hathaway Mr. Vincent J. Siren Dr. Fay W. Whitney Mr. and Mrs. Paul S. Bartling Newton Foundation Mr. Charles L. Burton Mr. and Mrs. David E. Auge Mary Lou Atkins Charitable Trust Mr. and Mrs. Tom L. Roach Mr. James G. Auge Teton Motors, Inc. Mr. Richard K. Penwarden Mr. Joseph J. Scott

$50,000 - $99,999

Miss Dixie R. Muir Bank of Commerce of Rawlins Mr. and Mrs. G. Russell Mortenson Dr. and Mrs. K. James Fornstrom Mr. and Mrs. George E. Nugent Wells Fargo Bank Cloud Peak Energy Mrs. Eileen F. Routson InfoManager Corporation

Jack & Eileen Routson Scholarship Fdn Dr. Anne M. Alexander Mr. and Mrs. Ronald B. Salvagio Black Hills Corporation Dr. Kenyon N. Griffin Mr. John F. McGrath, Jr. Mr. Robert C. John First Interstate Bank of Laramie Mrs. Morgan L. Creeger Mrs. Barbara F. Andrikopoulos Dr. Owen R. Phillips Community Fdn of Jackson Hole Guthrie Family Foundation ExxonMobil Foundation Dr. and Mrs. Lawrence M. Woods Lt. and Mrs. Gary P. McDaniel Mr. and Mrs. Richard S. Nelson Mr. Keith E. Bailey The Honorable and Mrs. Grant Larson Mr. James B. Gossett Dr. and Mrs. Larry R. Weatherford Mr. and Mrs. Timothy Joannides Wells Fargo Bank Wyoming, NA Miss Lois C. Mottonen Mr. Jon D. Sawyer Grooms & Harkins, P.C. First Interstate Foundation Mr. and Mrs. Jerry L. Record Mr. and Mrs. H. Hod Kosman Pinnacle Bank Lura-Lee G. and William E. Lange FDN Kosman, Inc Dr. Thomas Crocker Mr. and Mrs. Thomas W. Honig Margaret B. Kelly Revocable Trust Northwestern Mutual Mr. and Mrs. Blane W. Johnson

$25,000 - $49,999

Unicover Corporation The Rawlins National Bank Accenture Foundation, Inc. Wyoming Society of CPAâ&#x20AC;&#x2122;s ExxonMobil Foundation, Inc. First Northern Bank of Wyoming Cowboy State Bank First National Bank & Trust Wells Fargo Foundation First Interstate Bank of Sheridan Mr. Philip W. Treick Mr. Andy Nelson Mr. and Mrs. Richard T. Nelson Qwest Foundation ConocoPhillips First National Bank Mr. Marcus R. Stewart, III Ms. Janet L. Anderson

Wyoming State Liquor Association Ms. Liliana Bernal Dr. Penne Ainsworth Mr. and Mrs. Michael E. Golden Mr. and Mrs. Robert W. Noffsinger, III Bernard Carl Lee Revocable Trust Dr. and Mrs. Brooks Mitchell Mr. Sherrod W. France Mr. and Mrs. Robert L. Savage The Joannides Family Foundation Rocky Mountain Power Foundation Mr. Dennis W. Lohse Mr. Robert L. Snyder Attilio W. Bedont Living Trust Mr. William B. Ebzery Mr. James E. Nielson Adolfson & Peterson DataFlux Corporation Mr. and Mrs. Donald D. Snyder

Ms. Pamela Cook Ruehle Union Pacific Corporation Mr. Edmond R. Escolas Oracle America Inc Eide Bailly, LLP Mr. and Mrs. Paul B. Hoffman McDaniel Family Foundation Mr. and Ms. John M. Haste Mr. and Mrs. Kevin M. Rochlitz Eagle Uniform & Supply Company Mr. Jess B. Hinkle Mr. and Mrs. Shelby D. Gerking Elsie M. Holland Revocable Trust GE Foundation Ms. Jacqueline J. Bath Mr. George R. McGrail Mr. Daniel M. Blaney, III Dr. Rodney R. Holland WPX Energy Rocky Mountain LLC

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College of Business 1000 E. University Ave., Dept. 3275 Laramie, WY 82071

PASSIONATE ABOUT A

BUSINESS CAREER? VISIT WITH OUR RECRUITER: Taylor True College Representative Office BU 160 E Phone: 307-766-4888 Email: ttrue2@uwyo.edu www.uwyo.edu/business/scholarships

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