Representative Neal ʺAusterity in an economic downturn--I disagree with that vehemently. And I'm an avowed capitalist,ʺ observed U.S. Representative Richard Neal in Alternative Investments, a course taught by Isenberg finance professor Mila Getmansky Sherman. ʺIt's an ill-conceived belief that tax cuts pay for themselves,ʺ the Massachusetts Democrat continued, citing the Bush Administration's $2.3 trillion in tax cuts in 2001 and 2003. The cuts, he emphasized, came on the heels of balanced budgets during the last four years of the Clinton Administration. ʺWith the Bush cuts, economic growth became the most anemic since Hoover,ʺ noted Neal, who for a decade has also taught a journalism course at UMass Amherst.
Two Isenberg finance professors returned to Isenberg with valuable new insights after recent stints at two federal regulatory agencies in Washington, D.C. Mila Getmansky Sherman spent six months at the Securities & Exchange Commission; Nikunj Kapadia spent much of a year at the U.S. Treasury Department's Office of Financial Research.
On a two-day visit to Isenberg in September, David Fubini '76 (Marketing) and David O'Leary '81 MBA offered strategic advice to the school's MBA program. Fubini, a Director with McKinsey & Company, and O'Leary, former Chief Administrative Officer with State Street Corporation, met with MBA faculty, administrators, and students.
In an hour-long lecture on October 29 to the Isenberg and campus community, Mark H. McCormack Executive in Residence Bob Kain lavished praise on two personal heroes, Mark H. McCormack and Billie Jean King. Kain's lecture was a highlight of his three-day Executive in Residence with the Mark H. McCormack Department of Sport Management.
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As a hands-on course project, our promotional initiatives on behalf of singer-songwriter Clair Reilly-Roe had many positives, notes Bruce Weinberg, who with fellow marketing professor, Easwar Iyer, co-taught the fall-semester introductory course, Fundamentals of Marketing.
Isenberg Career Day on Thursday, October 3 will welcome 1,200 students and 80 companies, including Vistaprint, an e-commerce marketing-solutions firm which designs and produces customized business cards, brochures, signage, web sites, and other products
Anna Nagurney, John F. Smith Memorial Professor of Operations Management at Isenberg, has been named an INFORMS Fellow by the Institute for Operations Research and the Management Sciences (INFORMS), the leading professional association for advanced analytics professionals.
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According to the University of Massachusetts Foundation, the Minutemen Equity Fund (MEF), a portfolio managed principally by Isenberg students, has outperformed rival student-managed funds on the UMass Boston, Dartmouth, and Lowell campuses. During the fiscal year spanning June 2012-May 2013, the MEF returned 15.62% on its portfolio, narrowly topping its closest rival, UMass Lowell. In November, the Foundation will award both funds $5,000 during a gathering in their honor at the UMass Faculty Club in Boston.
Established in 2007 with a $25,000 grant from the UMass Foundation, the MEF currently manages $175,000 in assets. "We're a long-only fund; our number-one goal is to preserve capital," notes its chair, David Nataloni, an Isenberg senior and finance major.
Two Isenberg researchers--Elaine Wang, an assistant professor of accounting, and Aaron Saiewitz, a Ph.D. candidate in accounting--have received a prestigious grant for their research project from the Washington, D.C.-based Center for Audit Quality (CAQ).
This week, Isenberg welcomes the most academically accomplished first-year class in its 54-year history. Isenberg's Class of 2017 has high school grade point averages of 3.76 and SAT scores averaging 1246*, the latter four points above the School's previous high. Data also indicate that after being admitted to Isenberg, more students choose Isenberg over other schools--a reflection of our growing national reputation.
The extraordinary McCormack Collection gift comprises McCormack's writings, photographs and client-related memorabilia, dating to 1960 when a handshake with legendary golfer Arnold Palmer launched what would become IMG International, the world's largest sport management firm. The collection spans McCormack's lifetime (1930-2003) and totals approximately 10,000 boxes, or 16,000 linear feet of material. In conjunction with Isenberg's Department of Sport Management, the university's W.E.B. Du Bois Library has embarked on a comprehensive assessment of the collection and will digitize much of it, making it available to researchers and students worldwide through a special website.