COBA Alumni News Releases:
Golden Eagles Soar on CPA Exam for the second year in a row!
The National Association of the State Boards of Accountancy reports in the Candidate Performance on the Uniform CPA Examination (2010 and 2011 editions) that candidates from Clarion University outperformed all other public universities in the commonwealth in 2010 for the second year in a row.
Clarion University graduates with undergraduate degrees achieved a 64 percent first-time pass rate on the Certified Public Accountant (CPA) examination in 2010. The average first-time pass rates for bachelor's degree candidates across other PASSHE and state-related universities were 46 percent and 48 percent, respectively.
The CPA exam, which requires a total of 14 hours of testing, consists of four sections: Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, and Regulation. Passing the CPA exam, along with achieving specified education and experience requirements, is necessary for licensure as a Certified Public Accountant.
COBA Students and Programs in the News
Olivas, Pozzuto and Khan present research in Nottingham
On March 29, Dr. Miguel R. Olivas-Luján, Clarion University professor of administrative science, presented "Compliance Management Automation: Antecedents and Consequences," a paper accepted competitively by the Fourth International Workshop on Electronic HRM (Human Resource Management), which was held at the Nottingham Business School, United Kingdom.
In the paper, five theoretically derived hypotheses were developed and tested using correlational statistics. Responses from 285 firms whose representatives had answered a Web-based questionnaire were compiled by Olivas-Luján in collaboration with Dr. Gary Florkowski, associate professor at the Katz Graduate School of Business, with support from the University of Pittsburgh's International Business Center and from Clarion's College of Business Administration.
In the paper, Olivas-Luján and MBA students Amanda Pozzuto and Mohammed Haris Khan reported that companies with higher information systems resource availability for human resource technologies had a larger percentage of automation of their HR transactions dedicated for legal compliance. Similarly, firms with a larger percentage of professional or managerial HR staff had greater automation of their compliance transactions. The paper also reported correlational analyses for seven exploratory questions.
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Two COBA members honored at retirement ceremony
Dr. James G. Pesek and Dr. William Sanders were honored at the Clarion University annual retirement ceremony in Moore Hall on April 25, 2012.
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Small Business Development Center Recognized
The U.S. Small Business Administration Western Pennsylvania District Office presented the Clarion University Small Business Development Center with the 2011 Small Business Development Center Impact Award. The award was given for the center's outstanding service to small business owners and entrepreneurs. These awards are given based on a selection process by a committee of lenders from western Pennsylvania and West Virginia. The awards are given annually to economic development partners that provide excellence in service to entrepreneurs and small businesses in the region.
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Assistant Dean recognized as outstanding Ph.D. student
According to Dr. Corne' Bekker, professor at Regent University, the faculty of the School of Global Leadership and Entrepreneurship recognized Assistant Dean, David Hartley's scholarly achievement and true servant leadership.
Finance professors publish
Drs. Jeffrey D. Eicher, Jerry D. Belloit and C. Frank Shepard, faculty members in Clarion University Department of Finance, have published a manuscript, entitled: "The Evolution and Consequences of Kelo v. City of New London," in Real Estate Issues, (2011) Vol. 36(3), 19-26, a peer-reviewed journal published by The Counselors of Real Estate.
In summarizing the article, Peter C. Burley, the editor-in chief of Real Estate Issues, tells us that the authors provide us with a comprehensive review of the Kelo decision by the U.S. Supreme Court.
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Business faculty members publish
Clarion University faculty members, Dr. Gustavo A. Barboza, associate professor of administrative science, and Dr. James G. Pesek, dean of the College of Business Administration, published an article, "Linking Course-Embedded Assessment Measures and Performance on the Educational Testing Service Major Field Test in Business," in Journal of Education for Business, 87:102-111, (January 2012).
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Dr. Matthew D. Brigida, associate professor of finance at Clarion University, published an article, "A GARCH Analysis of Volatility in Country Indices," in the International Journal of Global Management Studies Professional, Vol. 1:3 (December 2010).
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Olivas-Lujan appointed co-editor of Advanced Series in Management
Dr. Miguel R. Olivas-Luján, professor of administrative science at Clarion University, has been appointed editor of Advanced Series in Management, a scholarly book series published by Emerald Group Publishing, Ltd. ASM publishes edited books or monographs that challenge traditional thinking in the field of management and organization theories, and encourages volumes that develop new conceptual, methodological and empirical approaches. Volumes published by ASM contribute to the enhancement and communication of knowledge concerning the development of managerial concepts and practice, and the use, impact and economics of management with organizational and societal implications. Particularly welcome are scholarly ideas that may steer the management field into new directions that are largely unexplored by the flagship publications.
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College of Business building buzz with social media
David Hartley, COBA's assistant dean, said the pages, ‘Clarion University Business Professionals' on both sites, are intended to facilitate networking among alumni, provide an opportunity for students to interact and network with alumni at a professional level, enable alumni and others to post job announcements, and allow prospective business students to see what Clarion University business professionals are doing.
"We launched the pages in late September, and we have grown them from about 30 people on LinkedIn to more than 60," Hartley said. "I post information on what's happening in the college, and we've had some other folks posting on what they're doing in their careers. As we build more people, we'll get more synergy and build more buzz."
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Online Pre-MBA Program
The Clarion University College of Business Administration's Online Pre-MBA program is designed to prepare prospective students for our MBA program and to provide distance learners knowledge of business principles that will equip them for potential success. These online courses are taught by faculty in the College of Business Administration. These are the same faculty who teach on-campus and are readily available to communicate with their online students. Clarion University is a regionally accredited university and the programs in the College of Business Administration are accredited by the AACSB International - The Association to Advance Collegiate Schools of Business, these accreditations assure our learners that the education they will receive meets the most rigorous standards in business education.
For more information on this program, click HERE
Clarion University industrial relations major earns alignment recognition!
Clarion University College of Business Administration announces that its industrial relations major fully aligns with criteria established by the Society for Human Resource Management's "HR Curriculum Guidebook and Templates," which defines the content areas that should be studied at undergraduate and graduate levels. SRHM is the largest professional organization for human resources managers.
Obtaining this recognition involved an elaborate study of the curriculum that started in November of 2010. Administrative science professors Gustavo Barboza, Ning Chen, Tony Johns, Miguel Olivas-Luján and Chad Smith, and economics professor Lynn Smith, verified that the coursework required of industrial relation majors included all the guidelines and recommendations made by SHRM's Academic Initiative. The Academic Initiative defines human resources education standards taught in university business schools and helps universities develop degree programs that follow these standards. SHRM confirmed the recognition in April, and it is valid until December 2013.
The recognition is important for both students and employers interested in human resource management. Clarion's industrial relations majors learn about professional management of employees and how to maintain compliance with human resources legislation. Throughout the world, only about 200 educational institutions have programs acknowledged by SHRM as being in alignment with its suggested guidelines and templates.
Companies in need of well-trained professionals are reassured that Clarion's industrial relations major surpasses the minimum content areas recommended by SHRM. Professors in the administrative science department are often able to identify the students with the highest potential for these positions.
To provide opportunities to enhance leadership and administrative abilities, Clarion University invites students of any major to join its SHRM student chapter, where they can serve as an officer and participate in local, regional and national events. Student chapter members have access to most of the services that professional SHRM membership provides. To join, email Dr. Miguel R. Olivas-Luján, chapter advisor at Clarion and a member of the international SHRM's Global Expertise Panel. Senior Rachel Slater is president.
Society for the Advancement of Management (SAM) Chapter wins big
Clarion University's chapter of the Society for the Advancement of Management traveled to Orlando, Fla., March 30 to April 3 for the annual SAM International Business Conference. Eight student members of the Clarion chapter presented research at seminars and participated in the 27th Annual SAM Case Competition.
Participating students were: Lauren Eonta, Peter Baschnagel, Jon Catanzarita, John Rehe, Ashton McNany, Michael Berlin, Shawn McConnell and Ryan Ortyl. Faculty adviser Dr. Gustavo Barboza accompanied them.
Two teams of four students were responsible for analyzing and presenting their strategic business plan regarding the future success of Whole Foods Market. Both student teams presented strong business plans among highly competitive student teams from colleges and universities across the country. Following their presentations on April 2, the student team composed of Lauren Eonta, Ryan Ortyl, Jon Catanzarita and Peter Baschnagel was awarded first place.
Clarion University's SAM Chapter has competed in the SAM conference for 12 years; however, the first place finish at this year's conference marks the first time that a Clarion team has not only placed in, but won the Case competition.
"It's a reflection not only of the work of the team, but of the high level of education and instruction provided by the faculty of Clarion University, specifically in the College of Business Administration," said Eonta, president of Clarion's SAM chapter. "We are so happy to bring this award back to the university."
Clarion University SAM also received a third place chapter award, based on fundraising, community service, membership, chapter events and conference participation information submitted to the SAM National Office in an annual report. Barbozo was the recipient of the SAM Outstanding Advisor Award, and Eonta received a SAM Outstanding Regional Student Award.
In addition, Ortyl and Eonta presented their undergraduate research on "Outsourcing and Sustainability: An Imperative Relationship in a Firm's Global Strategy and Success."
"Overall, I couldn't have asked for a better experience," Eonta said of the conference. "It was one of the highlights of my four years at Clarion, and I am so proud of what our chapter has accomplished this year."
Accounting student wins scholarship
Amber Link (Gallitzen, Pa.), a senior in the Honors Program majoring in accounting and business economics in Clarion University's College of Business Administration, has been awarded a Becker 2011 Scholarship for Success - a CPA exam review scholarship to prepare for the CPA exam. The Becker Scholarship Selection Committee selected winners based on several factors, including career goals and GPA. The scholarship, valued at about $3,000, can be applied toward a complete four-part live, online or self-study course. Amber was one of 50 recipients selected nationwide for this scholarship and one of only four in Pennsylvania.
Chairman - BNY Mellon Pennsylvania and Clarion University College of Business Administration graduate, Mr. Vincent V. Sands, CFA, featured speaker in annual lecture series
In this presentation, Mr. Sands profiles BNY Mellon as a key player in the global asset management and asset servicing industry, reviews the events of the recent financial crisis, and discusses how BNY Mellon managed through the crisis, relying on its core values and "guiding principles" - from the perspectives of clients, employees, regulators, and shareholders. Mr. Sands also discusses the current state of the industry and follow-on impacts and developments from the crisis. The recording of the lecture can be found HERE.
Vince Sands is Head of BNY Mellon Asset Servicing - Americas. He is responsible for the business in the US, Canada, and Latin America, which provides custody, accounting, performance & risk analysis, administration, and other services to over 1800 institutional investors and investment companies in the region. Mr. Sands joined the firm in 1982, and has over 25 years of experience managing all aspects of the asset servicing business.
Mr. Sands is also Chairman of BNY Mellon Pennsylvania. In this role he is responsible for the company's community involvement and other commitments in Pennsylvania, including oversight of BNY Mellon's philanthropic and charitable-giving activities and the engagement and leadership of BNY Mellon's 7,500+ Pennsylvania employees.
Mr. Sands also serves on the Board of Directors of the Allegheny Conference on Community Development, a private, non-profit leadership organization focused on improving the economy and quality of life of the Pittsburgh region.
He is a board member of BNY Mellon's affiliated businesses: Eagle Investment Systems (a software company) and CIBC Mellon (BNY Mellon's asset servicing joint venture with CIBC, serving the Canada market).
Mr. Sands is a Chartered Financial Analyst (CFA), and holds a BS from Clarion University and an MBA from Gannon University.
Top business students join international honor society
Only the best business students in the world, and the professionals who earned the distinction of "The Best in Business" during their academic careers, can claim membership in Beta Gamma Sigma, the honor society serving business programs accredited by AACSB International - The Association to Advance Collegiate Schools of Business.
The Clarion University College of Business Administration congratulates the 21 students who have accepted the invitation to join the honor society. While nearly 300,000 students receive bachelor's or master's degrees in business each year, only approximately 18,000 are inducted into lifetime membership in Beta Gamma Sigma. Students ranking in the top 7 percent of the junior class, top 10 percent of the senior class and top 20 percent of master's programs at schools accredited by AACSB International -The Association to Advance Collegiate Schools of Business, are eligible for this invitation to honor society membership.
The following students were inducted into the Clarion University chapter of Beta Gamma Sigma at the spring 2011 ceremony, which took place on April 21, 2011 in Moore Hall.
Masters: Gordon V. Barrows, David T. Brooks, Matthew D. DiTullio, Thomas R. Gottuso, Jr., Cory B. Gump, Dustin M. McElhattan and Shawn M. Rehberg.
Seniors: Alice C. Castellucci, Brandon R. Cehily, Sharon L. Correll, Tyler J. Cotherman, Heidi M. Miller and Teresa M. Wiskman.
Juniors: Christopher A. Biedka, Carrie M. Bretz, Nicholas D. King, Maggie A. Macek, Miranda E. Mease, Brandon L. Miller, Zachary J. Schloemer and Lauren N. Stroup.
Dr. James G. Pesek, president of the Clarion University chapter of Beta Gamma Sigma and dean of the College of Business Administration, welcomed the students to the honor society and inducted them into Beta Gamma Sigma with help from Drs. Robert Balough, Kreag Danvers and Jeffrey Eicher. Clarion University President Karen Whitney congratulated the students and spoke about the importance of civic engagement.
Beta Gamma Sigma was founded as a national organization in 1913. Its mission is to encourage and honor academic achievement in the study of business and personal and professional excellence in the practice of business. The society endeavors to foster in its members an enduring commitment to the principles and values of Beta Gamma Sigma: honor and integrity, pursuit of wisdom and earnestness.
Less than one-third of U.S. business school programs and only 15 percent of business school programs worldwide meet the rigorous standards of AACSB international accreditation. Membership in Beta Gamma Sigma is the highest recognition a business student anywhere in the world can receive in a business program accredited by AACSB International.
COBA Alum, Steve Turchick addresses students.
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