As we begin another academic year, I am inspired by the energy and excitement that fill our School and look forward to a great year with an exceptional group of students.
This year, the School of Business admitted a total of 760 new students into our halls. We welcomed the largest class of juniors in our history – 274 strong. In our graduate programs, we greeted 151 Master of Arts in Management students, 142 Master of Science in Accountancy students, and 154 MBA students in Winston-Salem and Charlotte. In addition, I am thrilled to welcome our inaugural class of 39 Master of Science in Business Analytics students. With our new and returning students, Farrell Hall and our Charlotte Center are alive with activity as our semester begins.
Our incoming students bring unique backgrounds and experiences to our School. Here are some fun facts about our new students:
26 US military veterans across programs,
85 double and triple Deacs,
student athletes in baseball, field hockey, golf, soccer, basketball, cross country, tennis, football, track and cross country,
an organizer of the first organic farmers market in Beijing,
the co-founder of a Chinese clean water and safe sanitation project in the mountain city of Guizhou,
a student working to develop and commercialize a DNA biochip for testing for lung cancer,
a Guinness World Record-holder in sporting clays,
a Juris Doctor, biomedical engineer, 2 JD MBA’s and 2 PhD MBA’s,
and a multitude of high achieving honor students from all over the globe.
We are proud of our students and our graduates who continue to make a difference in the world.
In this alumni newsletter, we are pleased to share featured news and updates from the School of Business, as well as some stories about your fellow alumni. There are remarkable things happening with our alumni community and we would love to connect with you to hear about your story.
Dean of the School of Business
We want to see you at Homecoming!
Back to the Classroom: "Why Business?" Friday, Oct. 28, 2-3 p.m., Farrell Hall
In this "back to the classroom" experience, School of Business professor and director of the BB&T Center for the Study of Capitalism Matthew Phillipswill showcase the new "Why Business?" course. The "Why Business?" approach is distinctive in business education. The course takes students into the foundations of business and society so that they graduate from Wake Forest with not only technical business skills, but also the ability to share how, as business professionals, they create value for society. The course is recommended freshman year and is a prerequisite for admission into the Business School.
"Taste of North Carolina" Wine-Tasting
Friday, Oct. 28, 3-4 p.m., Farrell Hall
Join faculty and friends for this by-registration-only wine tasting event. Wake Forest University's Ian Taplin, an expert on the business of wine, will guide attendees through their tasting experience. Also, be the first to hear details about an exciting alumni excursion to Napa Valley in the Summer of 2017.
School of Business Alumni Tailgate
Saturday, Oct. 29, 10:30 a.m.-12 p.m., Bridger Field House
Connect with fellow School of Business alumni for a pre-game tailgate at Bridger Field House, including an exclusive behind-the-scenes tour of the facilities at BB&T Field. The tailgate will occur approximately four hours prior to kickoff and prior to the University Alumni Tailgate, so you can attend both! Cost is $15 for adults, free for kids!
Master of Arts in Management alumni remain committed to our School. On September 23, Jennifer E. Butler (MA '15), Hunter Gay (MA '15), Kelly Clifton Wallace (MA '13, MBA '17), and Jenny Warnken (MA '16) returned to Farrell Hall to hold interactive interview workshops with our current MA students.
Career opportunities on campus
Karly D. Thomas (MA '15), an HR Analyst with Steelcase, held an information session for Wake Forest students in Farrell Hall on September 13. Pictured above, Thomas met with Melissa Milstein (MA ‘17) and Garron Monroe (MA ‘17) to discuss career opportunities at her company.
Alumni attend networking breakfast
A networking breakfast was held in the Bern Beatty Colloquium on September 14. Master of Arts in Management graduates representing several firms were in attendance, including Sammy Waddell (MA '15), William C. Hawks (MA '16), Collin Granger (MA '15), Stacy McElroy (MA '16), Ryan Emerson (MA '12), and Karly D. Thomas (MA '15).
Fall career fair
The Fall Career Fair on September 14 in the Benson University Center brought a record number of students to meet with organizations seeking Wake Forest talent for their job and internship needs. Nearly 750 undergraduate and graduate students met with 78 organization reps, many of whom are WFU alumni. Check out the photos from the event.
Accounting Advisory Council visits Farrell Hall
During the September 22 Accounting Advisory Council meeting, the MSA program gave members a status update on the program, reviewed curriculum proposals, and discussed the future goals for the council. In this photo are Stacy Owen, executive director, MSA program; Melissa Hughes (BS ‘11, MSA ‘12), KPMG; Jim Willis, interim associate dean of accountancy; Randall Duncan (BS ‘92), EY; Josh Jones (BS ‘95), EY; Beth Fain (BS ‘98, MSA ‘99), EY; Nic Mathias (BS ‘02, MSA ‘03), CohnReznick; and Joe Wallace, CohnReznick.
MBA alum shares insights
At a recent joint executive MBA forum, Holly Shankle (BA '04, MBA '13) offered prospective students insights about her experience earning a Wake Forest MBA degree.
Industry panelists share their experiences
These industry experts discussed their career paths and shared networking advice in the sales, marketing, healthcare, human resources, and operations/supply chain fields with our Master of Arts in Management students on August 31. Companies represented include BB&T, Biogen, Ceva Logistics, Inmar, Lexington Homebrands, Newell Rubbermaid, PMG Research, Soluble Solutions, RAI, Realty Trust Group, Sales Factory Woodbine and WFU Athletics.
Several alumni also attended including Stephanie Amendola (MBA '14) of Halyard Health, Seth Carpien (MBA '02) of Small Footprint, Justin Jefferson (MA '12) of ROI Revolution, Josh McCutchen (MBA '09) of Lowes Foods, and Cecilia Woke (BS '11, MA '12) of Novant Health.
Wake Forest student's startup, ClubUp, drives success Charlotte Agenda
Over the past eight months, ClubUp founder Matt Rose (MBA '16) has been busy. The golf startup, an Uber for caddies, has raised hundreds of thousands of dollars in seed capital and completed a proof of concept by providing caddie services on over 175 rounds at Charlotte Country Club, Quail Hollow, Carmel and Myers Park Country Club.
Charlotte-based 2U Laundry continues to grow Charlotte Business Journal
When on-demand laundry startup Washio folded a few weeks ago, Charlotte entrepreneur Alex Smereczniak (BS '14) reached out to the founders to see if there were any lessons to be had for his similar business concept, 2U Laundry. Smereczniak's company provides laundry and dry-cleaning delivery service through a subscription model.
NYC health care panel and networking event
Sue Benz, managing director, Investment Banking Division at Goldman Sachs and Dave Denton (MBA ’89) executive vice president and chief financial officer, CVS Caremark Corporation, hosted a networking reception and panel discussion on health care in America. The event was attended by 45 alumni and held on October 13 at the Cornell Club of New York. Panelists included Charles Boorady, founding managing director, Health Catalyst Capital; Elliott Green, expansion at Oscar Insurance; Kathy McGroddy-Goetz, vice president, partnerships & solutions, Watson Health at IBM; and Terry Williams, vice president and chief strategy officer, Wake Forest Baptist. The panel discussed the challenges of patient data privacy and how to reduce the rising cost of pharmaceuticals. Stephens Inc. executives visit Farrell Hall
On September 29, Nik Fisken, Executive Vice President, Research; Kevin Scanlon, Executive Vice President, Private Equity Group; and Brad Eichler, Executive Vice President, Corporate Finance came to campus to talk with our students about Stephens, Inc., a full-service investment bank. Learn more about Stephens, Inc. CEO Warren Stephens in the summer issue of the Wake Forest Business magazine.
Big Data and Privacy
Organizations today face balancing convenience through technology with ensuring consumers data privacy. This was one of several issues panelists wrestled with during "Personal Concierge or Big Brother?", hosted by the BB&T Center for the Study of Capitalism. Read the full story and see photos from the event.
George Aldhizer “Leading big data analytic capabilities including visual and text analytics” (forthcoming in CPA Journal)
Anna Cianci and Norma Montague "Audit partner identification: unintended consequences on audit judgment" (Anna Cianci, Richard Houston, Norma Montague, and Ryan Vogel, forthcoming in Auditing: A Journal of Practice & Theory)
Ya-wen Yang “Is other comprehensive income reported in the income statement more value relevant?” (Steve Lin, Donel Martinez, Changjiang Wang, and Ya-wen Yang, forthcoming in Journal of Accounting, Auditing & Finance
IN THE NEWS
Responsiveness and collaboration: Developing a distinctive, holistic, market-driven MSBA The Evolllution
Associate Dean for Business Analytics Jeffrey Camm writes in his essay, “What does it take to develop and launch a successful master’s program from scratch on an accelerated time frame? The brief answer may be obvious: committed university and school administration, an agile and dedicated faculty and staff, and an area of study in high demand.”
Food prices are down But there’s an upside for the food industry Forbes
In any case, even if the price of food is down, the value of time is not, says Kenny Herbst, an associate professor of marketing at Wake Forest University School of Business. “A quick stop at a restaurant to take out food not only saves time spent prepping food but also time spent cleaning up. So, the value of time is a significant consideration here,” Herbst says.
Are you a member of our School of Business LinkedIn group? It’s a great way to connect with your fellow Deacs, engage with our students, and develop your personal brand. Visit go.wfu.edu/linkedinwfusb and click “request to join” on the top right.