UM B-School Buzz
Issue: #3
July 2008
UM B-SCHOOL BUZZ is your source for news and information about the University of Miami School of Business. The e-newsletter is delivered to your inbox every month to keep you up to date on all that is happening at the business school that's on the move. Send comments and suggestions to businessbuzz@miami.edu.

SCHOOL NEWS

Real Estate ForumSchool-Sponsored Forum Reveals Bright Future, But Near-Term Challenges for South Florida Real Estate
The fundamentals look good in many areas of the South Florida real estate market, but some sectors will continue to feel pressure in the near term from issues ranging from unemployment to tight credit markets and developer impact fees. That is the consensus of many of the industry leaders participating in the School forum South Florida Real Estate: Boom and Bust - Reflections on the Past and Realistic Perspectives for the Future. This month, the School released a full report on the forum that includes an executive summary, transcripts of the talk, and several presentations on the state of the South Florida real estate markets. Full Report

UM Study: Product Reviews in The Wall Street Journal Worth Millions to Investors; Research Reveals $500M Gain for Good Review, $200M Loss for Bad Review
A new study, conducted by Joseph Johnson, assistant professor of marketing at the School of Business, and Gerard Tellis, professor of marketing at the University of Southern California's Marshall School of Business,finds that product reviews in Walter Mossberg's long-running Personal Technology column in The Wall Street Journal translate into seismic shifts in stock price for the firms responsible for the new technologies. Full Article


IN THIS ISSUE
Real Estate Forum Report
UM Study:Reviews Valuable
MSPM to American Eagle
Internship Program with VITAS
MBA Alum Appointed to Cabinet
Dean Kahn in Latin America
Alumni Lead Caribbean Media
Alumni Events
UM B-School in the News
QUICK LINKS

B-School Buzz
Office of Communications
School of Business Administration
University of Miami

Editor

Megan Tice

Director of Communications
Jeff Heebner
Take Your Career to the Next Level with the UM MBA!
If you haven't already earned your UM MBA - consider it now. The next classes in the School's Executive MBA (EMBA) and MBA for Working Professionals programs begin in January. Classes for the EMBA's management and international business tracks meet on Saturdays. Classes for the health sector management track of the EMBA are held one weekend per month (Friday, Saturday and Sunday). Classes for the MBA for Working Professionals program meet on Monday evenings and Saturday mornings. Each of these MBA program enable you to earn your degree in two years, without interrupting your career.

Information sessions have been scheduled beginning in September. Learn more here!


STUDENT NEWS

FabregasParticipant in School's MSPM Program Appointed President of American Eagle
Pedro Fabregas, who graduates from the School's Masters in Science in Professional Management (MSPM) program next month, has been appointed president of American Eagle in Puerto Rico, the Caribbean, Florida and the Bahamas. "Pedro will not only be a great leader for Executive Airlines, he will be a great advocate for Puerto Rico and the region," said Peter M. Bowler, American Eagle President and CEO. Full Article


VITAS InternshipLearning the Business Side of Hospice
A recent partnership betweent the School fo Business MBA program and VITAS, a hospice care company, gives students the opportunity to intern at one of the largest employers in South Florida. MBA student Umar Ahmed is completing an internship at VITAS. "It has been a great experience," the Brooklyn native says of his VITAS internship. Full Article
ALUMNI NEWS

VanderpoolUM MBA Appointed to Bahamas Cabinet Post
Vincent Vanderpool-Wallace (MBA '80) has been appointed minister of tourism and aviation for the Bahamas. Vanderpool-Wallace, a graduate of the School's Executive MBA program in the Bahamas, was sworn in to the cabinet position in a ceremony on July 7. He was praised in remarks by Bahamas Prime Minister Hubert Ingraham, who said the UM alumnus is "well prepared for the challenges ahead" and "recognized throughout the industry." Full Article

Dean Kahn Joins President Shalala on Mission to Latin America Dean Kahn and President Shalala in South America
School of Business Dean Barbara Kahn joined University President Donna E. Shalala on an outreach mission to Latin America in June to promote new strategic partnerships with educational, business, government, and social service organizations in the region. Kahn met with several executives from large corporations with whom she discussed the school's plans for executive education on a global front. The trip included meetings and other events with School of Business alumni in São Paulo, Brazil and Buenos Aires, Argentina. In addition, Kahn and deans from the School of Education, and the College of Engineering strengthened relationships with colleagues at institutions of higher learning in these cities.
  

MBA Alumni Create First Official Caribbean Media ChannelComputer
A company catering to consumers of Caribbean music culture, founded by two UM School of Business alumni, has signed an agreement with YouTube. Realvibez Media was started by David and Robert Mullings, Jamaican brothers, during their MBA program at the School. Mullings, chief executive officer, stated "Last year Realvibez was referred to as the closest thing to a Caribbean MTV on the Web by two media outlets after we were invited to present at Boston College's Entrepreneurship Society. This relationship with YouTube finally allows us to truly live up to that title and expose Caribbean music and culture on the largest stage in history." The Realvibez channel launched on July 26th at youtube.com/realvibeztv and is the first official Caribbean channel on the most popular video Web site in the world. Full Article
 
EVENTS
UM MBA Alumni Reunion Alumni Reunion
Oct. 24, 2008
If you are an alumnus of any of the School's MBA programs - Full-time MBA, Executive MBA, MBA for Working Professionals - mark your calendar for a special UM MBA alumni reunion. The event will be held October 24, 2008 along Alumni Avenue, during homecoming weekend. Details will come shortly. For more information about homecoming weekend, visit the University Web site.
 

University of Miami Global Business Forum

Jan. 15 - 16, 2009Global Business Forum
The School of Business will host the University of Miami's first Global Business Forum January 15 - 16, 2009. Scheduled keynote speakers include Muhtar Kent, president and CEO of The Coca-Cola Company; Frances Aldrich Sevilla-Sacasa, president of U.S. Trust Corporation, Bank of America Private Wealth Management; Arun Sarin, CEO of Vodafone Group; Donna E. Shalala, president, University of Miami and former U.S. Secretary of Health and Human Services; Jim Skinner, vice chairman and CEO of McDonald's Corporation; Frederick W. Smith, chairman, president and CEO of FedEx Corporation; and Jack Welch, former CEO of General Electric Company. Learn More

 
MSPM Alumni Reunion
Jan. 15 - 16, 2009
All alumni of the School's Maestria en Ciencias de Gerencia Professional en espanol program should mark their calendars for a special reunion. The MSPM alumni reunion will be held at the same time the school hosts the Global Business Forum Jan. 15 - 16, 2009. For more information, e-mail businessalumni@miami.edu.

IN THE NEWS
The Miami Herald - July 30, 2008 - Bill Werther, professor of management, provided insight in a "Balancing Act" column about the challenges in the workplace when workers face cancer and other serious illnesses. Read Article

The Miami Herald - July 25, 2008 - Andrea Heuson, professor of finance, was quoted about higher interest rates in an article about the continuing slide in home prices and growing number of homeowners behind on their mortgage payments in South Florida. Read Article

Fox News Network - July 24, 2008 - Steven Ullmann, director of the School's health sector and management policy programs, was featured on the television network's Fox Special Report with Brit Hume program in a story on concierge medical services, in which patients pay extra for VIP medical treatment. Watch Video

Slate
- June 24, 2008 - Research conducted by two assistant professors of economics, Pere Gomis-Porqueras and Adrian Peralta-Alva, was cited in an article linking obesity to such economic factors as taxes and the gender wage gap. Read Article  

Oregon Public Radio - June 24, 2008 - Patricia Sanchez Abril, assistant professor of business law, was interviewed during the station's "Think Out Loud" radio program about surveillance laws and the changing perception of privacy in our culture. Read More/Listen

Read More UM School of Business In the News

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