UM Ranked No. 38 in U.S. News & World Report's "Best Colleges"
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In the 2012 edition of the U.S. News & World Report's annual "Best Colleges" issue, released Sept. 13, the University of Miami has risen to number 38 - up from 47 last year, a nine point rise. UM remains the highest ranked school in the state of Florida. In an impressive ascent, UM has moved up 29 slots in the last 10 years, making it one of the fastest-rising institutions among national universities in recent times.
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School's New Freshmen Take First Step into Businesss
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The School's new freshman class has hit the ground running with a number of activities to help them get a taste for the business world as part of the FIRST Step program. Students had the opportunity to learn from the Men's Wearhouse about professional dress, as well as from Bill Fisse (BBA '75, MBA '77), senior human resources officer for Citi/Global Transaction Services, about personal branding in the corporate world.
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MBA Students Engage in International Consulting through Center for International Business Education and Research
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MBA students gained firsthand consulting experience in Japan, Thailand, and Brazil this summer through the The Unversity of Miami Center for International Business Education and Research. Students had the opportunity to produce strategic advice for companies in markets critical to U.S. competitiveness.
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School Strengthens Ties with Hispanic Business Community as Part of Nation's Largest Gathering of Hispanic Business Leaders
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The School of Business was alongside some of the nation's most prominent corporations, small businesses and other organizations during the 32nd Annual National Convention of the U.S. Hispanic Chamber of Commerce (USHCC) Sept. 18 - 21 in Miami Beach. The School, in partnership with the UM Center for International Business Education and Research (CIBER), served as an academic sponsor for the convention, which brought together more than 5,000 people to South Florida - the largest gathering of Hispanic business leaders in the U.S.
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CEOs With Less Tenure Far More Likely To Be Fired For Poor Performance Than Longer-Term Counterparts, Says School of Business Study
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CEOs with fewer than five years on the job are far more likely to be fired for poor performance than those who have served longer, according to a new study out of the School's Department of Accounting. In fact, the study found, short-tenured CEOs are five to six times more likely to be fired than longer-tenured CEOs in the wake of poor firm performance.
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In the News
Harvard Business Review - Sept. 21, 2011 - Robert Plant, an associate professor of computer information systems, offered advice to help firms develop a smartphone application strategy and warned that "the most vulnerable companies are those whose strategy is to wait and see how the market shakes out." Article The Miami Herald - Sept. 19, 2011 - An article about unemployment and poverty in Florida included comments from Steven Ullmann, a professor of management, who noted that "It's a reflection of our recession and our inability at this point to really pull out of the recession." Article The Miami Herald - Sept. 17, 2011 - An article about public employee pensions that exceed the base pay of those employees included insight from Bill Werther, a professor of management, who noted that "The people responsible for the fiscal discipline of the government budget are also the people who are relying on the political support of the people they're providing these benefits to." Article The Wall Street Journal - Sept. 15, 2011 - An article highlighted the success of College Hunks Hauling Junk, which was founded by alumnus Omar Soliman (BBA '04) while he was a student at the School of Business. Article
Nightly Business Report (PBS) - Sept. 13, 2011 - Steven Ullmann, director of the School's programs in health sector management and policy, offered expert commentary on the census report that found nearly one in six Americans or 46 million people, live in poverty, saying "It means that people are going to have growing history associated with making basic ends meet, being able to afford rent in terms of housing for their families, being able to afford to put food on the table and, of course, access to health care becomes that much more problematic." Video / Transcript
The Financial Times - Sept. 9, 2011 - The newspaper's weekly online column "Something for the Weekend" featured research by D.J. Nanda, a professor of accounting, which found that CEOs who have been with their firms for fewer than five years are far more likely to get fired for firm performance than CEOs who have been with their firms for a longer period. Article
The Wall Street Journal - Sept. 6, 2011 - An article focused on new research by D.J. Nanda, a professor of accounting, which found that CEOs who have been with their firms for fewer than five years are far more likely to get fired for poor firm performance than CEOs who have been with their firms for a longer period. Article
The Financial Times - Sept. 2, 2011 - An article featured research by Claudia Townsend, an assistant professor of marketing, which found that the more attractive a company's annual report, the higher investors value the company. Article
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