The Magazine for Alumni and Friends of the UB School of Management

NewsBites

Several influential media featured the accomplishments of the School of Management and the expertise of its faculty over the past year. Below is a summary of some of the school’s citations in prominent national and regional media. These media “hits” enhance the school’s national reputation and help to brand it as one of the nation’s top business schools.

Bloomberg Businessweek

Bloomberg Businessweek has named the School of Management one of the nation's best business schools in its ranking of full-time MBA programs (see Start-Ups). The School of Management was No. 57 in the biennial ranking, joining 27 other schools in the ranking's second tier, including Ohio State University, Pennsylvania State University, Purdue University and the University of Rochester. The rankings are based on student satisfaction (45 percent), corporate recruiter satisfaction (45 percent) and an intellectual capital rating (10 percent) based on the number of articles published by each school's faculty in 20 publications.

Financial Times

The Financial Times ranked the School of Management's Executive MBA (EMBA) program one of the best in the world (see Start-Ups). Making its first appearance in this survey, the School of Management ranked No. 51 for its EMBA program, offered in Buffalo and Singapore. Individually, the Buffalo EMBA was ranked No. 23 in the U.S., while the Singapore EMBA was ranked No. 4 in that country.

Wall Street Journal, Forbes, Chicago Tribune

Jerry Newman, SUNY Distinguished Teaching Professor and chair of the Department of Organization and Human Resources, was quoted in a front-page story in The Wall Street Journal about McDonald's Corp. warning federal regulators that it might need to drop health insurance for its employees due to new health care legislation. "The packages maybe could be better, but for a start, they're quite good," said Newman, who worked undercover at McDonald's and other fast-food restaurants to write My Secret Life on the McJob: Lessons from Behind the Counter Guaranteed to Supersize any Management Style. "For those who didn't have health insurance through their spouse, it was a life saver." The WSJ article, including Newman's quote, was picked up and commented on by dozens of blogs nationally and internationally, including those on Forbes, the Chicago Tribune, The Atlantic and reason.com. Newman also was interviewed by KMOX-CBS News Radio in St. Louis.

NY Times, U.S. News & World Report, Bloomberg Businessweek, CBS

Research by School of Management doctoral student Satheeshkumar Seenivasan on the relationship between credit cards and unhealthy food purchases received wide media coverage last fall. Seenivasan, along with co-authors Manoj Thomas of Cornell University and Kalpesh Desai of Binghamton University, found that shoppers purchased more food items rated as impulsive and unhealthy when using credit or debit cards instead of cash. "Two factors contribute to this intriguing effect," the authors wrote. "First, there is a correlation between unhealthiness and impulsiveness of food items: unhealthy food items also tend to elicit impulsive responses. Second, cash payments are psychologically more painful than card payments, and this pain of payment can curb the impulsive responses to buy unhealthy food items." The research findings appeared in numerous publications and on various websites, including The New York Times, U.S. News & World Report, The Wall Street Journal, Bloomberg Businessweek, Toronto's Globe and Mail, Consumer Affairs, PhysOrg.com, SmartMoney.com and Britain's Daily Mail and Telegraph, and were broadcast by CBS New York and many of its affiliate stations.

Wall Street Journal, CSPAN

The UB address by William Dudley, president of the Federal Reserve Bank of New York, was covered in The Wall Street Journal and broadcast on CSPAN (see Start-Ups). The event was sponsored by the School of Management, the UB Office of Economic Engagement and the UB Office of the Provost. Dudley said that the Fed may need to act to help spur economic growth. "Further Fed action [is] likely to be warranted unless the economic outlook were to evolve in a way that made me more confident we would see better outcomes for both employment and inflation before too long," he said.

Business First

John Thomas, professor of operations management and strategy, was quoted in Business First on international business courses at Western New York universities. "We feel very strongly that students should be studying abroad," he said. He also discussed finance and marketing as attractive options for international business students. "As an example, we have finance and, if combined with the international business option, you have an international finance course," Thomas said. "There's a lot of synergy when talking about marketing and finance."

Buffalo News

Arun Jain, Samuel P. Capen Professor of Marketing Research, was quoted in a story about how grocers were addressing an egg recall. "Food-related issues can really shake up customers. Stores need to use this as an opportunity to educate, educate, educate," he said. "They need to educate people on how these things happen and how they prevent it."

Thomas Ulbrich, executive director of the school's Center for Entrepreneurial Leadership, was quoted in a story about elderly entrepreneurs. "There is a trend that there are people 65 and older who are starting businesses," he said, citing longer life spans and the need for more income later in life. "I find it fascinating."

Lawrence Southwick, professor emeritus of management science, was quoted in an article on manufacturing in the U.S. "A lot of people think manufacturing has ended in the United States. It has not," he said, noting that it has increased over the past decade with many companies designing innovative products for the new green economy.