Can College of Business studentsbeat the street? They will have an opportunity to try when the Economicsand Finance Club launches a student-managed investment fund.

Dr. Manfen Chen, USI assistantprofessor of finance, is leading the club

to develop the fund which will givemembers valuable experience in man-aging an investment portfolio of actualmonetary assets.

“There are over 150 universities withstudent-managed portfolios,” Chen said.“By providing funds, we allow students to

learn how to invest in the market.”Earl Townsend ’08, president of the

club, said six students who are juniors or seniors will be named fund managerswith voting rights. They also will mentor

Ten years out

Accreditation by AACSB International confirms that the College of Businessprograms are among the elite in the nation and the world, but the success of gradu-ates demonstrates in a more personal way the value of a degree from the Universityof Southern Indiana.

The college’s graduates from 1998 were the first to earn their degrees followingthe awarding of initial accreditation from AACSB. Now 10 years later the businessprograms recently earned reaccreditation. In the meanwhile, 1998 graduates haveused their educationto move ahead in theircareers. Four alumnifrom 1998 are profiledin the following paragraphs.

Jason KellamsHiring the right

250 employees forToyota Boshoku inPrinceton, Indiana,before the plant shipsits first products inDecember 2009 is a primary focus forJason Kellams ’98,who returned to theEvansville area earlierthis year as plant

U N I V E R S I T Y O F S O U T H E R N I N D I A N A

COLLEGE OF BUSINESS REPORTS

See Ten years out, page 6

Continued excellence AACSB reaccreditationaffirms high quality of business programs

See Reaccreditation, page 7

The College of Business at theUniversity of Southern Indiana hasearned extension of accreditation

for its undergraduateand graduate

business programsas well as exten-sion of separateaccreditation for

its accountingprograms by AACSB

International—The Asso-ciation to Advance CollegiateSchools of Business.

USI received initial AACSBaccreditation for undergraduateand graduate business programs in 1997. The accounting programachieved separate accreditation in2003. Accredited schools must bere-evaluated every five years tomaintain accreditation.

Greg Newman, 2007-08 chairof the Accounting Circle, said,“The reaccreditation is a majoraccomplishment for the College ofBusiness and is a result of the handwork and dedication of the faculty.

Student-managed investment fund under development

Alumni reflect on education and career a decade after AACSB accreditation

Kellams

See Investment, page 9

VOL 27, SUMMER 2008

2 University of Southern Indiana College of Business

At USI Commencement in May,137 degrees—125 undergraduatedegrees, eight M.B.A. degrees, and fourpost-baccalaureate certificates—wereawarded to College of Business students.This accounted for 18.2 percent of thetotal number of USI graduates in spring2008. Based on a recent survey of graduates, just over 70 percent of thesegraduates are likely to be employedwithin a 60-mile radius of the University.

As we celebrate the accomplish-ments of our graduates and wish themsuccess in their future endeavors, weencourage them to maintain a focus on the connection between theiraccomplishments and the impact of these accomplishments on theirpersonal, professional, and communitydevelopment.

This issue of the College of BusinessReports highlights the connectionsbetween accomplishments and impactbased on the activities of our alumni,students, and faculty.

• Since our accreditation in 1997,3,220 degrees—2,909 undergraduatedegrees and 311 M.B.A degrees—have been conferred to College ofBusiness students. The career paths

of four featuredgraduates indi-cate accomplish-ments that havehad an impacton creatingvalue for their organizations (pages 1,6–7).

• Initiatives that provide learningexperiences outside the classroominclude the creation of a student-managed investment fund(pages 1 and 9), a field trip to Londonand Paris (page 8), and the continuedsuccess of our students in nationalcompetitions (pages 9 and 11).

• Accomplishments and recognitionreflect faculty contributions in teaching,service, and research (pages 3 and 4).

• Ongoing community support forthe Business and Engi-neering Center (page 5)and the academic perfor-mance of students (page12) also are signs ofaccomplishments withan impact.

Looking ahead, wewill build upon ouraccomplishments andsharpen our focus on ensuring that theseaccomplishments havethe strongest impact

possible on fulfilling the mission andgoals of the College of Business. One area of focus will be on innovation measurement.Undoubtedly, innovation will be apowerful source of competitiveness inthe global economy, but as a recentreport (www.innovationmetrics.gov)has indicated, “while our understandingof innovation has increased over recent

Dean’s letter

Making the connection from accomplishments to impact

By Mohammed Khayum

New appointmentsAs we approach the next academic

year, there are some important personnelchanges to announce. Dr. BrianMcGuire has been appointed as thenew associate dean and director of the MBA program.

He is an accom-plished facultymember who has generated an admirablerecord of scholar-ship, teachingeffectiveness, and engagement in the community

while leading our efforts in the main-tenance of accounting accreditation. His keen awareness and knowledge of best practices in higher educationwill be of considerable benefit to thecollege in his new role.

I also would like to congratulateDr. Les Nunn and Dr. Carl Saxby

on their appoint-ments as chairs ofthe Department of Accounting and Business Law and Department of Marketing and BusinessCommunication,respectively. Both of them have many years of business experience, andwe look forward to many innova-tive contributionsfrom them.

Activities of college have direct impacton personal, professional, community growth

Khayum

One of our emphases will be to engage in initiatives to advance

innovation measurement—thedrivers, impediments, and enablers of innovation—

within organizations.

years, much more needs to be learnedabout…its measurement.” One of ouremphases will be to engage in initiativesto advance innovation measurement—the drivers, impediments, and enablersof innovation—within organizations.

McGuire

Saxby

Nunn

Three faculty members in the Collegeof Business have beenrecognized with 2007-08awards for excellence.Receiving recognitionwere Dr. KatherineSauer, assistant professorof economics, Excellencein Teaching; Dr. LeslieE. Nunn, associate professor of business law,Excellence in Service;and Dr. Manfen Chen,assistant professor offinance, Excellence in Research.

College of Business briefs

Faculty recognized for excellence

Summer 2008 3

Celuch, Johansen awarded sabbaticals

Dr. Kevin Celuch, professorof marketing, will continue hisresearch into critical thinkingduring a sabbatical in spring 2009.He also willstudy howcritical think-ing affects therecognition ofentrepreneurialopportunities.Celuch holdsthe BlairChair of Busi-ness Science.

He said, “While a spate ofstudies have examined demo-graphics and personality traits ofentrepreneurs, much less attentionhas been focused on entrepre-neurial thinking—the processesused by individuals in recognizingand evaluating opportunities.”

Dr. Jane A. Johansen, associate professor of businesscommunication, will develop aninterdisciplinary casebook forbusiness communica-tion during asabbatical in2008-09. The cases will coversituations inthe arts andsciences ratherthan mattersrelated solely to the business world.

The criticism often aimed athigher education is that it offerseducation in silos: narrow majorsand minors inside colleges that donot talk to one another, she said. Each case will require students tolearn terminology or understand aconcept from the arts or sciencesas well as the business problempresented. In preparing the case,students will produce an appro-priate business document, such ase-mail, letter, instant message, ormemo report.

Celuch

Receiving congratulations from Dr. Mohammed Khayum,standing left, dean of the College of Business, are Dr. KatherineSauer, Dr. Leslie E. Nunn, and Dr. Manfen Chen.

Three College of Business faculty members have been approved for promotioneffective August 25.

Dr. Peter Cashel-Cordo and Dr. Ramadan Hemaida will be promoted fromassociate professor to full professor. Cashel-Cordo teaches economics. He joined USI in 1994. Hemaida, a faculty member since 1988, teaches in the area of thedecision sciences.

Dr. Gary Blackwill become associateprofessor of produc-tion/operations man-agement. He joinedthe College of Business in 2004 asan assistant professor.

Three faculty members to receive promotions

Cashel-Cordo BlackHemaida

Johansen

Nancy Bizal, instructor in business communication and coordinator of externalrelations for the College of Business, was among six women recognized in March

at the sixth annual Phenomenal Women of USI and the Com-munity Recognition Ceremony. The program is sponsored bythe USI Multicultural Center, Old National Bank, and theAmerican Association of University Women.

Bizal received the award in the USI faculty category. A faculty member since 1988, she specializes in business com-munication, career planning, and professional development.

Nancy Bizal honored as Phenomenal Woman

Bizal

Three College of Business facultymembers have been awarded LillySummer Research Fellowships.

Dr. Amelia Biehl, assistant professor of economics in the Collegeof Business, will explore the relation-

ship between theTaxpayer ReliefAct of 1997 andhousing demand.

Prior to 1997,federal income tax code allowedhomeowners todefer capital gains taxes fromthe sale of a home

if they bought another home at least as expensive as the home they sold.This discouraged sellers from renting or moving to a smaller home.

“After the passage of the TaxpayerRelief Act of 1997, capital gains fromthe sale of a home are taxed the same,regardless of whether or not the home-seller buys a more expensive home,”Biehl said. “Therefore, homeownerswho purchased a more expensive homeprior to 1997 solely to defer capitalgains taxation are expected to move to a smaller home after 1997, thusdecreasing housing demand. The LilySummer Research Fellowship willallow me to empirically examine this assertion.”

The research project that Dr.Seungjin Park, assistant professor ofcomputer science, will conduct is titled “A MAC (Medium Access Con-

trol) Protocol forReliable Broadcastin Mobile Ad HocNetworks.”

When wire-less mobile devicescommunicate witheach other, theyexperience morecollisions than

4 University of Southern Indiana College of Business

wired networks due to the nature ofwireless transmission.

“A collision is a serious problembecause the resulting garbled signalscannot be decoded correctly and,therefore, may degrade the networkthroughput considerably. In thisresearch, an efficient yet simple com-munication protocol that prevents datacollision will be developed,” he said.

Dr. Daria Sevastianova, assistantprofessor of economics, studies theinfluence of civil and international

wars on economicgrowth acrosscountries.

“Ascertaininghow wars affectnations currentlyat war is not onlyimportant from thedevelopment andpolicy-makingperspective but

also enables us to predict the impact offuture wars on world growth. The studyis complicated by a general lack ofconsistency and different codingmethodologies underlying data onconflict,” she said. “The project willproduce a cohesive and updateddatabase on conflict by synthesizingfrom the available data sources, reconciling the data inconsistencies,and further differentiating by conflictseverity.”

Her study is titled “MIDs (Militarized Interstate Disputes), WEIS (World Event Interactions Survey), COPDAB (Conflict andPeace Database), and VRA (VirtualResearch Associates) Events Data: A Comparative Analysis.”

Biehl, Park, and Sevastianova are among 11 faculty members University-wide who were awardedfellowships for summer 2008 throughthe Lilly program.

Three awarded Lilly fellowshipsfor summer research projectsHousing demand, wireless networks, war are topics for faculty study and exploration

Alumni Associationhonors Jamie Wicks, Wayne Trockman

Two College of Business alumniwere among four individuals hon-ored in May by the USI AlumniAssociation.

Jamie L. Wicks ’91, M.B.A.’97, assistant vice president, trustofficer at Fifth Third Bank, receivedthe Alumni Service Award.

Wicks served as president of theUSI Alumni Association 2004–05and AlumniCouncil memberfrom 2000–06. A member ofthe USI Foun-dation Boardfrom 2004–06,she is past chairof the AlumniAnnual FundCampaign and aPhonathon volunteer.

The Honorable Wayne S.Trockman ’81, an innovator ofcourt programs, received the Distinguished Alumni Award.

Trockman was appointed to theVanderburgh Superior Court benchin December 1998 by GovernorFrank O’Bannon. He was elected toa six-year termin 2001 and wasre-elected foranother term in2007. Trockmanserved as chiefjudge of Vander-burgh SuperiorCourt from2003–08.

In 2001,Trockman organized and implementedthe first drug treatment court inVanderburgh County.

The awards were presented at theGraduation Celebration Receptionand Dinner.

Wicks

Sevastianova

Park

Biehl

Trockman

• Hafer Associates PC – $25,000classroom

• Mary Pelle and the late RaymondH. Goebel – $25,000, teachingcomputer labA donor recognition display in the

O’Daniel Atrium of the new buildingwill recognize gifts of $1,000 or more.Through April 30, the campaign hadreceived gifts or pledges of $1,000 ormore, in addition to those reported inthe summer ’07 and winter ’08 issues ofthis newsletter, from these individualsor organizations:

• Joey V. Barnett ’81• Kevin G. Celuch• Robert E. Cunningham ’79 • Craig R. Ehlen • David J. Ellert • Abbas Foroughi• Regina M. Gauger ’05• Mark A. Hollis ’99 • Karla L. Horrell ’77 • Mary A. Hupfer ’84 M’94

Summer 2008 5

Construction begins on Business and Engineering Center Generous donors ensure top-of-the-line classrooms and technology

• Alan D. Jones ’95 • Lana Kington ’76• Paul A. Kuban• Jeanette C. Maier-Lytle ’88• Frank F. McDonald II ’73• Allen R. Mounts ’74 M’91• Steven P. Nerney ’93• Alex T. Rogier ’01 • Richard and Laura Ruhala • Carl L. Saxby• Brian S. and Karen L. ’86

Schenk• Ken Sendelweck ’76• Eric P. Sprouls• Vectren Foundation Inc.

Matching Gifts Program• Connie S. Wellmeyer ’84• Jennifer J. Williams • Jeffrey L. Wilmes ’81 • Brian T. Zirkelbach ’99

Bonding authorization for the$29.9 million building was approved bythe 2007 Indiana General Assembly.

The future home of the College of Business with world-class learningspaces and robust technology willbegin to take shape on campus.Groundbreaking was held July 10 forthe new Business and EngineeringCenter, a 117,000 square-foot classroomand laboratory building that will serveboth business and engineering programsat the University of Southern Indiana.

Exceeding the $2 million goal,generous donors have pledged, as ofApril 30, $2,056,500 in programmaticsupport for the state-of-the-art facilitywhich is scheduled to open in fall 2010.

Dr. Mohammed Khayum, dean of the College of Business said, “In thecontext of demographic, global, andtechnological forces that are drivingprofound changes in our society, thesegifts will allow us to address the chang-ing needs and expectations of studentsand faculty. These contributions reflectthe forward-looking orientation of thedonors. Their support will allow us to create flexible, adaptable, and technologically integrated teachingand learning spaces.”

At a time when the bordersbetween disciplines are becoming moreseamless, the combination of businessand engineering programs in the newbuilding is expected to facilitate col-laboration on problems and solutionsthat demand expertise from both fields.The proximity of classrooms and labsand shared meeting space will positionthe two programs for cross-disciplinaryexploration.

Since the Winter ’08 issue of thisnewsletter, major gifts for College ofBusiness space or shared space with the engineering program include thefollowing:

• ARC Construction and Dannyand Patricia Bateman – $25,000,teaching computer lab

• Browning Funeral Home –$25,000, teaching computer lab

• Deig Brothers Construction Co. Inc. – $25,000, teachingcomputer lab

Shaun Koyoma, second from right, president of Toyota Motor Manufacturing Indiana,and R. J. Reynolds, right, TMMI vice president of administration, presented a $100,000gift for the new Business and Engineering Center in an economics class taught by TimothyB. Mahoney, left, instructor in economics. Mahoney’s class studied concepts used by theautomobile maker. Laura Heck, a specialist in public affairs for Toyota, also attended thecheck presentation of the TMMI gift, which will fund two computer-assisted design labsand a vibrations lab.

Opening fall 2010 – USI Business and Engineering Center

6 University of Southern Indiana College of Business

manager for the facility now under construction. A 90-year-oldcompany, Toyota Boshoku has more than 100 facilities world-wide. The Princeton plant will make metal seat frames andfoam padding for Toyota vehicles.

Kellams’ experience in automotive-related businesses goesback to 1992 when he began working for Mid-America ClutchCompany in Evansville. He continued his employment therethrough fall 1998 and was assistant shipping/ receiving managerwhen he left to join T and WA Assembly in Princeton, risingto regional director of operations over a seven-and-a-half yearperiod. Kellams was most recently manufacturing departmentmanager for final assembly for the Nissan Motor Corporation in Canton, Mississippi, with 36 managers reporting directly tohim and a total of 515 employees.

“We put the car together,” he said. Kellams majored in business administration with concen-

trations in economics and human resources. “USI gave me afoundation, not just from an operations perspective but tying in finance, human resources, and other processes,” he said.

Kellams’ work has included travel throughout the UnitedStates and to Canada and Mexico. He appreciates that hiseducation included information about global companies. Later this year he will travel to Japan.

Stephen PickeringEvansville’s Stephen Pickering ’98 took something he

was passionate about—fitness—and combined it with hisbusiness knowledge to open Body Makeover, a fitness center for women.

“I’ve always been interested in fitness, exercise, and nutrition. All through college I worked as a personal trainer.I’ve always wanted to have my own business,” he said.

In addition to his background as a personal trainer, Pickeringhas experience as a sales representative for a technology firm inKansas City. While he learned a lot, the experience solidifiedhis preference for entrepreneurship.

At Body Makeover a certified personal trainer supervises a total body workout to help clients lose weight, tone up, andfeel better. The center, employing three persons in addition toPickering, also offers body wraps, tanning beds, and nutritionalsupplements.

“I evaluated the market and didn’t think Evansville wouldsupport another large gym,” said Pickering of the niche concept.He opened Body Makeover in 2003 and is now registered to sellfranchises in Indiana and Kentucky.

A business administration graduate, Pickering values skillshe developed in organization, goal-setting, and problem-solving.“My marketing and advertising courses have been valuable forwhat I do. I think you need to focus on what you are good at.For me, that is helping and motivating people,” he said.

Stephanie PolenStephanie Stewart Polen ’98 M.B.A. ’05 was promoted in

May to vice president for business development and marketingfor CMC in Evansville, but when she talks about her career,she says the best place to start is with an internship.

At the suggestion of a faculty member, Polen interviewedto be a member of a student team to research new business ideasfor SIGECO (Southern Indiana Gas and Electric Company),now Vectren. After serving on the product development team,Polen began work the day following USI Commencement as anemployee of a Vectren telecommunications company for whichshe had helped write the business plan during her internship.

Her main responsibility was in sales throughout the UnitedStates. Later, she took on a marketing role.

As a CMC vice president, her primary objective is movingher area of responsibility from a support function to a revenue-

Ten years outContinued from page 1

Pickering Polen

generating center. Polen joined CMC in late 2002 as a managerin the marketing department. She now directs a staff of four.

“We deal with banks and credit unions all over the UnitedStates, helping them sell more credit cards and motivate greateruse of credit cards,” she said.

A business administration and French major, Polen saidinteraction with faculty as a College of Business student provedsignificant to her. “Professors knew who you were and who wouldbe best suited for opportunities that came along. My internshipwas definitely the result of being known by my professors.”

Chuck WiggerA specialized set of qualifications brought Chuck Wigger

’98 to his present position as assistant national safety directorfor Lamar Advertising Company with offices in 42 states,Canada, and Puerto Rico. Lamar is based in Baton Rouge,Louisiana. Wigger works from the Evansville office.

An accounting major, Wigger joined Gaither Rutherfordand Company in Evansville after completing an internship there.While he liked the job, he had done construction work, includingelectrical work, previously and missed it. Soon he got back intoconstruction with a company that worked on large projects,including the AK Steel plant in Rockport, Indiana. Then hejoined Lamar, known for many years as Naegele before a seriesof changes in ownership. As a national company, Lamar wantedto implement a number of standard policies. Identified as anemployee who could help make the transition, Wigger wasnamed operations manager. “Many of our operations managers

had come up through the ranks and did not have the knowl-edge that a college degree provides,” Wigger said.

In 2007, he completed the national test of the Board ofCertified Safety Professionals. “Because I have the backgroundof working on the site, the college degree, and now the safetycertification, I can go in the field and help employees do thejob and do it safer. It’s perfect for me. I don’t spend all mytime in the office or the field.”

Summer 2008 7

The accreditation will continue tobenefit current and future students.”

With reaccreditation, the Collegeof Business remains among the coun-try’s select business programs. As ofApril, 458 institutions in the UnitedStates hold AACSB business accredi-tation, of which 163 have additionalspecialized accreditation for theiraccounting programs.

Dr. Mohammed Khayum, deanof the USI College of Business, said,“Extension of accreditation is a clearaffirmation of the high quality ofbusiness and accounting programsoffered by our University. We haveestablished that we are among a distinctive group of business schoolsworldwide with both business andaccounting accreditation. Of the morethan 7,600 business schools in the

world only 7 percent have AACSBbusiness accreditation.

“Extension of accreditationdemonstrates that our programs haveattained a high level of quality andthat we have a culture committed to continuous improvement.”

Dr. Linda Bennett, USI provostand vice president for Academic

Affairs, said, “I’m certain that evenwith this achievement, the facultyare already thinking about ways todevelop new initiatives and newpartnerships in the region.”

To achieve accreditation, business programs must satisfy theexpectations of a wide range of qualitystandards relating to strategic manage-

ment of resources, interactions offaculty and students in the educationalprocess, and achievement of learninggoals in degree programs. The Collegeof Business was visited in February bya team of evaluators.

Patrick G. Harvey, 2007–08chair of the Board of Advisors, alsocongratulated the college. Severalmembers of the Board of Advisors metwith the accreditation team, whichcommended the use and scope of theboards (Board of Advisors, AccountingCircle, and Information TechnologyAlliance).

“The accreditation teamacknowledged that the businessboards the college has establishedmay be a best practice,” Harvey said.

AACSB International is thepremiere and largest global accreditingbody for business schools that offerundergraduate, master’s, and doctoraldegrees in business and accounting.

ReaccreditationContinued from page 1

Wigger

We are among a distinctivegroup of business schools

worldwide.

Campbell

Mary McGrew, Joyce Babillis, andArlene Campbell—with a combined59 years of service within the Collegeof Business—have retired.

Dr. Mohammed Khayum, dean of the College of Business, said, “Thesethree individuals have been integral tothe creation and refinement of many of the processes and procedures used byour college—particularly those relatedto interaction with students, parents,members of the community, and therest of the University.”

McGrew, senior administrativeassistant, joined USI in 1978. WilliamC. Henderson, assistant dean of theCollege of Business and assistant professorof computer information systems, workedwith her for almost 20 of her 30 yearswith the University. At a receptionhonoring the retirees, he said, “Whenshe retires, we can find a number ofpeople who can learn the curricula and

the other technicaldetails of the job.What will be muchmore difficult toreplace is the consistently caring concern for students’welfare that Mary embodies.”

Babillis, admin-istrative associate, joined the Universityin 1990. Dr. Philip C. Fisher, deanemeritus of the College of Business,knew when she was hired that hercombination of organizational andinterpersonal skills would benefit the college.

He said, “One secret to her successis that I believe she really cares. She caresfor the college, the faculty, the students,and our mission. That commitmentshowed every day in everything she did. It is priceless.”

Campbell, administrative assistant,also joined the University in 1990.Nancy Bizal, coordinator of externalrelations for the the college andinstructor in business communication,highlighted Campbell’s attention todetail and her willingness to acquire newknowledge and information to meet theevolving demands of the job.

“Campbell’s editing skills are stellar,”Bizal said.

8 University of Southern Indiana College of Business

College of Business students gathered in front of Buckingham Palace.

European travel brings size of world into focus

McGrew

Three have combined 59 years of exceptional service to College of Business

Exchanging dollars for pounds and euros was among the experiences 20 College of Business students had during a spring-break trip to London and Paris led by Dr. Katherine Sauer, assistant professor of economics.

Economics major Aphrodite Hudson, said, “Traveling 4,000 miles across theocean certainly brought the world down to size. Having watched movies and Holly-wood versions of the famous cities, we had certain expectations prior to going. Once we got there, we discovered that some things were more enchanting and others were not so glorious. After coming home, Evansville seems like the size of a block in London or Paris. It's a small world after all.”

Two receive Daktronics All-Region recognition

Two student athletes majoring inprograms offered by the College ofBusiness have been recognized for theirachievements inbaseball. USIsenior right-handedpitcher JeremyKehrt from Plain-field, Indiana, was named to theDaktronics All-North CentralRegion first teamin a vote of sports information directorsin the region. Junior second basemanJosh Huebner from Evansville wasselected for thesecond team.

Kehrt, a marketing major,also was a firstteam All-GreatLakes Valley Conference selection. Huebner, a business administration major, wasthe first team All-GLVC utility player.

Huebner

Kehrt

Babillis

THEYWON!

younger students. The club will rely on financial professionalsfor consultation. While details are under development, the club is seeking dollars to invest and expects to begin the fundin the fall, investing initially in dividend-producing stocks.With earnings, members are interested in providing scholarshipsto USI students.

Chen and members of the Economics and Finance Clubrecently attended the eighth annual Global Student InvestmentForum at University of Dayton, which has an $8 million student-managed fund.

The new Business and Engineering Center scheduled toopen in 2010 will feature a stock market lab.

Summer 2008 9

Dr. Bob Froelich, second from left, was a featured speaker at astudent investment forum in Dayton, Ohio. He appears regularlyon a variety of financial television programs as a strategist. Fromleft are Dr. Manfen Chen, USI assistant professor of finance;Froehlich; Earl Townsend, president of the USI Economics andFinance Club; and student member Adam House.

Three advisory groups that lend their expertise to theCollege of Business have announced chairs and new membersfor 2008-09.

Carl Chapman, president and chief operations officerat Vectren will chair the Board of Advisors.

New members of the group include Robert Dinardo,vice president/general manager of WOW; Robert J. Keller,chief executive officer of Escalade, Inc.; and Michael Walsh,general manager-Americas for manufacturing operations atSABIC Innovative Plastics.

The new chair of the Accounting Circle is Sally Joest’74, vice president of Harding, Shymanski and Company.

New members are David Armstrong, chief financialofficer at Accuride Corporation; Tonya Borders ’99,vice president and chief operating officer for the WealthManagement Division at Integra Bank; Kevin Hammett ’90,

chief financial officer for Regency Commercial Associates;Liv Watson, vice president for global strategy at EDGAROnline, Inc.; and Larry Whiteside ’80 M.B.A. ’95, associatedirector for international business controls at Mead Johnson.

David Yoak, chief information officer at Red SpotPaint and Varnish Company, will chair the InformationTechnology (IT) Alliance.

New members are Chris Boeke, director of applicationdevelopment and support at Vectren Corporation; Pat Fleck,Mount Vernon site IT leader, Americas/Europe ManufacturingIT Operations leader for SABIC Innovative Plastics; AlanLetterman, manager for engineering and technology at BerryPlastics; Rex Masterson, IT leader for environmental, health,and safety at SABIC Innovative Plastics; and David R.Stefanich, corporate director, information technology atAccuride Corporation.

Advisory groups announce chairs, new members

InvestmentContinued from page 1

Accounting team qualifies againfor national finals of IMA contest

At press time a team of four College of Business studentswas preparing for the finals of the National Video Case Compe-tition sponsored by the Institute of Management Accountants.

This is the third straight year for the University ofSouthern Indiana College of Business team to qualify for the national finals.

Team members were Andy Dill ’04 M.B.A. ’07, BradGreene, Angela King, and Amy Oglesby (her second year onthe team). Faculty sponsors are Dr. Brian McGuire, chair ofthe Department of Accounting and Business Law and professorof accounting, and Jeanette G. Maier-Lytle, instructor inaccounting. The national competition took place on June 15 in Tampa, Florida, at the IMA Annual Conference and Exposition.

Four college accounting teams are chosen nationwide for the finals after teams submit a video presentation of a case study. This year’s case required the students to developaccounting processes that would provide the leaders of anonprofit organization with useful information for decisionsupport, planning, and control. Judges selected by IMA chosethe finalists based on technical content and presentationskills exhibited in the video.

Greene, King, and Oglesby were members of the USIteam which took first place in the Indiana CPA Society Case Competition in the fall. All are accounting majors. Dill completed a post-baccalaureate certificate in accountancyin May. He also holds a bachelor’s degree in psychology anda master’s in business administration from USI.

Third straight yearfor College of Business

in national finals

10 University of Southern Indiana College of Business

� College of Business (where the need is greatest)� Business and Engineering Center Programmatic Support

(new building related)� Business Faculty Enhancement Endowment� Business Student Clubs Fund (conferences and competitions)� Larry W. Arp Business Scholarship� Roxy Baas Memorial Accounting Scholarship� Craig R. Ehlen Scholarship� Phil Fisher Business Scholarship� Frost Memorial Scholarship � Wanda B. Hibbitts Accounting Scholarship� Walter Jermakowicz Memorial Scholarship for

International Studies� Tim Mahoney Business Scholarship� Barbara J. and Edward D. Marting Scholarship � Les Nunn Scholarship� USI Information Technology Alliance Scholarship � Dan Wade Accounting Scholarship

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A contribution of $25 or more to any USI Foundation fundmakes graduates “active” members of the USI Alumni Asso-ciation.

Reigning royaltyEducation major Abbie Balbach andaccounting major Andrew McGuirereigned as queen and king of Homecomingin 2008. A senior from Greenwood,Indiana, McGuire is president of PhiDelta Theta fraternity and a member of the men’s tennis team.

Donna Harris ’93 M.B.A. ’01urged students to think about thechoices they make and how thosechoices will affect their careeropportunities and work/life satisfaction in the years to come.The 2002 Indiana State HumanResources Professional of theYear, Harris is vice president andsenior human resources businesspartner for Fifth Third BankSouthern Indiana. She was oncampus as alumna in residencein February to make a series of presentations to faculty andstudents in the College of Busi-ness. The Alumni-in-Residenceprogram is an annual event thatfeatures accomplished College of Business graduates who sharespecialized knowledge and career advice.

Donna Harris: take the long view in career choices

Summer 2008 11

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AITP students win awardsat national conference

James Gosnell, a senior computerscience major, earned the second-highestscore on the Associate ComputingProfessional (ACP) examinationadministered recently at the Associationof Information Technology (AITP)National Colle-giate Conference in Memphis,Tennessee.

RyanGreenlee,a computer infor-mation systemsmajor, also passedthe test. BothGosnell andGreenlee now hold ACP designation,which validates an individual's knowl-edge of the general computing industryand specific programming language orspecialty area knowledge and skills.

They were among 52 students taking the exam, developed by the

credentialing organization, the Institutefor Certification of Computing Professionals (ICCP).

The USI College of Business teamof Casey Cambron and Jason Nicholswas among seven of 53 teams receivingawards in the conference’s applicationdevelopment contest. They received

an honorable mention. Each team hadto solve an application problem in four hours.

Nine College of Business AITPmembers were among more than 560students, faculty members, and IT professionals who attended the

three-day national meeting in March. Seventy-four universities were represent-ed. Ernest E. Nolan, assistant professorof computer information systems, andDr. Marvin Albin, professor of comput-er information systems, are advisors forthe College of Business AITP chapter.

Speaking Eagles memberwins district award

Mike Provost, accounting majorand a member of the Speaking EaglesToastmasters Club, won the Toastmas-ters International district competition in February.

He was the first USI student tocompete in the contest. The competi-tion was held at Ivy Tech CommunityCollege in Evansville. The studentchapter of Toastmasters is supported by the Accounting Circle, an advisoryboard for the USI accounting program.Dr. Daniel E. Wade, professor ofaccounting, is faculty sponsor.

NicholsCambronGosnell

Several new scholarships for businessmajors were among 137 scholarships andawards presented on Honors Day for theCollege of Business in March. The follow-ing list includes new scholarships madepossible by generous donors as well asUniversity-wide scholarships awardedthis year to students majoring in business programs.• Atlas World Group Technology Scholarship for

a sophomore or junior CIS/CS major who showsinvolvement in University, student, or professionalorganizations and community service or service-learning activities — Devin Burke

• Azteca Milling Scholarship for a bright anddeserving Hispanic student — Jessica Hernandez

• Charles and Margaret Braun Scholarship forstudents from families of Industrial Contractorsand its affiliates — Gena L. Hisch

• Jennings D. and Josephine K. Carter DeansScholarship for an outstanding student withexceptional high school class ranking and SATscore — Stephen Saligram

• Cowley-Vogelbach Scholarship for a bright and deserving business administration major — John Ringwall

• East Side Optimist Club Scholarship for a brightand deserving student involved in school/church/community activities — Carley B. Wallace

• Craig R. Ehlen Scholarship for a junioraccounting major who has expressed an interestin pursuing a career in public accounting,internal auditing, or forensic accounting/fraudaccounting — Brian Marchina

• Susie and Richard A. Gumberts BusinessScholarship for bright and deserving full-timebusiness students, Jeremy D. Garrett, Paul W.Hutchens, and Whitney M. Owens

• Pamela Grubb Memorial Scholarship for astudent selected by Faculty Senate StudentAffairs Committee — Aaron M. Ridlen

• Earl S. McDaniel Jr. Business Scholarship for abright and deserving marketing or managementmajor — Keo R. Perryman

• Northwestern Mutual Intern Scholarshipfor students participating in the NorthwesternMutual internship program who have completedthe necessary intern sessions and met develop-ment and productivity requirements — Lauren Finn

• Jean Schneider Memorial Scholarship for adeserving nontraditional business student —Markay Isler Doane

• Anna B. and Eugene J. Wells Scholarshipfor bright and deserving business majors —Anthony P. Domizio, Chase J. Emge, HollyA. Mayer, and Laura E. Sankovitch

• West Side Nut Club Scholarship for a brightand deserving graduate of Reitz or Mater DeiHigh School — Reid Schmitt

137scholarships presented on Honors Day

John Hayden, accounting, was amongCollege of Business students graduating in spring 2008. For more information ondegree recipients, see Dean’s letter, page 2.

Congratulations!

University of Southern Indiana is anaffirmative action/equal employmentopportunity institution.

College of BusinessUniversity of Southern Indiana8600 University BoulevardEvansville IN 47712

A publication of the College of BusinessUniversity of Southern Indiana

Dr. Mohammed Khayum, DeanNancy F. Bizal, Editor812/464-1801Betty R. Vawter, News andInformation Services

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