Attracting Top Faculty – Our Quest to Be the Best
Endowed chairs and
professors help us retain and attract top faculty talent, encourage
these “brightest” faculty stars to reach highest achievement levels, and
bring increased national stature to our school. In keeping with our
mission to respond to the needs of the business community, we have
determined that the highest priorities for endowed chairs and
professorships are in the following areas:
- Department of Accountancy
- Information Systems and Operations Management (ISOM), to direct the Executive Logistics and Supply Chain Management Program,
- and Business Ethics, to direct the activities of the Institute for Business Integrity.
With the business world changing like never before, we must move with speed to not only stay ahead but to lead in these areas and achieve our quest to be the best College Business in Ohio. Our goals our $1.5 million for endowed chairs and $500,000 to $1 million for endowed professors.
Innovative New Programs and State-of-the-art Facilities
The Raj Soin College of Business is committed
to preparing ethical business leaders who can lead in the rapidly
changing global economy. Several programs will keep us on target.
State-of-art MTC Technologies Trading Center
Thanks to the vision and exemplary financial support of Raj Soin and MTC
Technologies, we are in the planning stage for this exciting new
facility. This new “Wall Street” facility will enhance our highly
successful student-managed investment program which consistently
outperforms the Standard and Poor’s 500 Index and provides students with
the opportunity to invest a portion of the University’s assets. The
trading facility will also be available to the business and financial
communities.
Some $500,000 in start-up costs and $64,000 annually are projected for
this state-of-the-art mini “Wall Street” teaching facility. The center
will replicate a real-world trading environment that features classroom
and laboratory space with global financial information sources and
computer software to simulate trading. The Center will support special
courses and training to allow the participants to understand the art and
science of financial risk management. More than 600 students
annually are expected to use the facility in all six academic areas of the college.
Launching a Best In-class Master’s Program in Logistics & Supply Chain
Management
This executive master’s program is supported and designed by an industry
advisory board of over 25 companies spanning the globe. The
program will begin in January thanks to a generous financial
contribution from the NFC Foundation, the endowment arm of the Nash
Finch Company. Headquartered in Minneapolis, Nash Finch is a national
leader in food retailing and distribution that recorded $4 billion in
revenue last year.
“We are particularly pleased to support the M.S. in Logistics and Supply
Chain Management Program at the Raj Soin College of Business,” said Nash
Finch CEO Ron Marshall, a Raj Soin College of Business graduate and a
member of the Wright State University Foundation Board of Trustees. “The
program focuses on developing strategies that increase efficiency,
streamline operations and enhance productivity of supply chains—values
that we share at the Nash Finch Company,” Marshall said.
“This unique program is one of only a few in the nation that focuses on
logistics and supply chain management in this type of a blended
education arrangement,” explained Vikram Sethi, chair of the college’s
Department of Information Systems and Operations Management that will
house the program. “Supply chain management is a major factor in the
business world because of the costs involved,” Sethi added. “Retailers
can lose half of their sales when customers can’t find the right product
at the right time.” He said a breakdown in the supply chain can lead to
an annual loss of $40 million for a billion dollar company.
Link here for more information to apply to the program or phone Vikram
Sethi 937-775-2895.
http://www.wright.edu/business/departments/isom/index.html
Enhancing
Our Institute for Business Integrity
With the support of the Institute’s founding sponsors, we are continuing
our popular Ethics Briefings and expanding our scholarship and
consulting services for the business community. These founders including
Huffy Corporation, MTC Technologies, National City Bank, Reynolds &
Reynolds, Soin International and Standard Register deserve special
recognition for their leadership and generosity.
$300,000 annually is the College’s goal to elevate the IBI as the
premier national resource for promoting responsible business practices.
Through service, teaching, and research, the IBI strengthens ethics in
business, supports responsible business practices, leads in principled
business education, and partners with other organizations to advance
business ethics.
Link here for more information
http://www.wright.edu/business/ibi/
Developing a Sophisticated Information Technology Laboratory
This proposed Information Technology and Applications Laboratory (ITAL)
will blend teaching and group work to enhance the students’ technology
skills, and will be available for advanced applications for external
organizations and executive training programs. In this dedicated
learning environment, students will learn skills in CISCO
internetworking, network security, SQL, XML, ERP and CRM. $150,000 in
start-up funds and $55,000 annually are required to develop and support
this important addition to the College’s information infrastructure.
Wright
Financial Path Continues Vital Student Service
This confidential and free program for WSU students involves peer
counseling through assistance of the Finance and Financial Services
Department. Students from the program have been recognized at the
Financial Managers Association annual Student Leaders Conference in
Chicago A campus-wide survey under the direction of our college
revealed that some 80 percent of the students reported debt as a major
issue, and 84 percent said they have debt in some form. $40,000 annually
will continue to support this unique and innovative program to help
students.
Dean’s
Discretionary Fund Leverages Opportunities
If we are to stay ahead of the game in this highly competitive business
environment, we must have the resources to take advantage of
opportunities as they arise. This non-restricted fund enables the
College to address priorities such as marketing the college and
supporting professional development for faculty. An annual goal of
$100,000 has been set for the discretionary fund.
Career Mentoring and Recruiting – a Fun Way to Help Students
Sharing your experience and insight with students who are exploring a
career in business or just starting their professional careers is
invaluable. The College hosts a number of annual career recruiting and
networking events throughout the year. And we offer a variety of
mentorship, intern and coop programs that benefit both our students and
your companies. Link here to see some of the recent fun and rewarding
career events the College offered this Fall for both students and
alumni.
I know with your ongoing participation, suggestions, and financial
support, we are on the
path to achieving increased recognition for your College and our
students in the years to come. Thank-you for all you have contributed.
Best Regards,
Berkwood Farmer
Dean