In the News

Inside Higher Ed
Inside Higher Ed
Sharon Lydon, executive director of the M.B.A. program at Rutgers Business School, said that when she considers the popularity of the Rutgers program with women (and many men), she considers factors that go beyond traditional B-school ranking methodologies.

Lydon described a scene she saw last week: two students (both men) who were getting ready for interviews the next day with the same company, knowing only one of them could get the position. "They were sharing information and helping one another," she said. The environment is intellectually demanding, she said, but collaborative at the same time, in a way that many business schools are not known for. "Many other environments are more cutthroat," she said.

Lydon also noted the impact of having women in leadership roles, such as her dean, Lei Lei, and ensuring that women are well represented on the faculty.
ROI, Return on Information New Jersey
ROI
Bloomberg Businessweek released its “Best Graduate Business Schools of 2017” survey recently, and a New Jersey school was featured highly on its list.

Rutgers Business School in Newark was ranked No. 1 in the Northeast in placing full-time MBA students in jobs after graduation. Overall, Rutgers finished No. 2 in the nation for job placement.

“Our strong specializations in finance, marketing and supply chain management make our students very attractive to employers,” said Dean Vera, director of the MBA Office of Career Management.
Asbury Park Press
Asbury Park Press
The closing of the 20,000-square-foot store on Route 35 is part of a bigger trend. Bricks-and-mortar retailers are under pressure as more consumers shop online, making it tougher to meet landlords' demands one expert said.

"An organization like that . . . is going to find they can't do it," said Marc Kalan, a marketing professor at Rutgers Business School in Newark and New Brunswick.
The Star Ledger
The Star Ledger
According to PlanSmart NJ, New Jersey is the most exited state in the nation, with owner-occupied home ownership down by 100,000 in the years since the Great Recession.

Jim Hughes, the dean at Rutgers University's Edward J. Bloustein School of Planning and Public Policy, and co-author Joseph Seneca put it most succinctly in their recent work on New Jersey's post-suburban economy: "New Jersey's core advantage in the late 20th century - a suburban-dominated, automobile-dependent economy and lifestyle - is (now) regarded as a disadvantage."

Huge suburban office and retail parks must be repurposed into new uses that match the changing economy.
PRMIA, Professional Risk Managers' International Association
PRMIA
Eighty-three teams comprised of 320 Students were given three weeks to analyze a case study on GE Capital Corporation’s adaptation to the Financial Crisis, the subsequent SIFI labelling and strategic decisions on optimizing the holding company’s balance sheet. Each team prepared a three-page executive summary and PowerPoint presentation which they presented to a team of financial industry veteran judges over the past week in global regional Risk Management Challenges. Regional rounds took place in 10 locations spanning over North America, Europe and Africa.

Rutgers Business School team Risky Business is among the eleven teams that will advance to the PRMIA International Risk Management Challenge to compete for the chance to win $10,000USD.

New York
Team: MQF Risky Business
University: Rutgers Business School
Members:
Vinayak Prabhu
Ravikiran Dhulipala
Sai Swapnil Rao Devaraneni
Aditya Vijaikumar Nellayikunnam
Asbury Park Press
Asbury Park Press
President Donald Trump's tax plan that provides big cuts for the wealthy and corporations is a similar economic strategy to Ronald Reagan in the 1980s, said Farrokh Langdana, a finance and economics professor at Rutgers Business School in Newark and New Brunswick.

One key difference: Reagan took over an economy that was languishing; Trump took over an economy that was already gaining momentum. It means companies are already flush and might use the extra money to reward shareholders instead, Langdana said.

"It's not clear companies are going to hire more workers or even pay them wage increases," he said.
PR Underground
PR Underground
The Center for Urban Entrepreneurship and Economic Development at Rutgers University has launched the Black and Latino Urban Entrepreneurship Retail Acceleration Program (BLUE-RAP). The goals of the program are to help black and Latino owners of retail stores and restaurants to thrive, purchase property, and open additional locations in the growing downtown areas and gentrifying neighborhoods of such cities as Newark, Jersey City, Hoboken, Elizabeth, and New Brunswick.

“The participating BLUE-RAP entrepreneurs will gain critical skills to help them manage and grow their urban business ventures,” says Lyneir Richardson, Executive Director of the Center for Urban Entrepreneurship and Economic Development (CUEED), which in its 10-year history has assisted 370 New Jersey business owners who have contributed over $80MM to their local economies.
Harvard Law School Forum
Harvard Law School Forum
Posted by Sophia Zhengzi Li (Rutgers University) and Miriam Schwartz-Ziv (Michigan State University)

In this paper we address several questions: Are shareholder votes a sufficient form of voice that catalyzes trades across the board? Are shareholders’ votes and trades correlated? And do shareholders update their trading patterns based on the information conveyed by other investors’ votes? We address these questions by examining the relation between votes and volume at the stock level, and the relation between mutual funds’ daily trades and their corresponding votes.
The Marshall Project
The Marshall Project
Using certain kinds of drugs can land you in lockup, but pharmaceutical giant Johnson & Johnson is selling a drug that it now claims can keep you out. But they still face challenges.

“America tends to be a pill-oriented marketplace,” said Gary Branning, an adjunct professor who teaches in the pharmaceutical management program at Rutgers Business School - Newark and New Brunswick.

Branning said the new information helps J&J convince insurance companies that the drug is worth the higher price. Incarceration is expensive, as are hospital stays, so why not use something that can decrease the frequency of both?
CEO World Magazine
CEO World Magazine
The Temple University’s Richard J. Fox School of Business and Management tops the list of the 25 best U.S. MBA programs where graduates land the most jobs, according to U.S. News data.

Other U.S. business schools churning out highest numbers of immediately employable MBA graduates were the University of Washington – Foster (No. 2, 98%), Stevens Institute of Technology (No. 3, 97.2%), La Salle University (No. 4, 96.4%), and Rutgers Business School-Newark and New Brunswick (No. 5, 96.3%).

#5 Rutgers, The State University of New Jersey— Newark and New Brunswick – Newark, NJ
Full-time graduates employed 3 months after graduation: 96.3%
Full-time graduates employed at graduation: 75.9%
Average starting salary and bonus: $115,830
Poets & Quants for Undergraduates
Poets & Quants
“Most finance majors are thinking about Wall Street,” says Ron Richter, who has taught Working Capital Management to juniors and seniors at Rutgers for nearly three decades. “But Wall Street isn’t the only street,” he advises.

Following Michael Fossaceca, Citigroup’s North America Region Head for Treasury and Trade Solutions very well-received talk in Richter’s class, the partnership was solidified in spring 2017, where students worked in teams of five under the remote guidance of a Citibank executives on a case study from the treasury and trade solutions division.

“Some courses lack the connection to the real world and how we can apply what we learn in the classroom to business situations,” Marika Tsamutalis, now a senior at Rutgers, says. “The exposure to mentors heightened our awareness of opportunities after graduation as they shared what they do every day. It highlighted a side of finance that is often overlooked, but has many great entry opportunities for students after graduation.”
Antitrust & Competition Policy Blog
ABSTRACT: Business Data Services (BDS), formerly called special access services, are dedicated broadband lines offered by network providers to business customers and network providers. In a packet-based broadband network, the distinction between customer and competitor is being blurred, and with it the meaning of the wholesale/retail distinction. A new approach to pricing and regulatory oversight is needed that moves away from treating any market segment as passive purchasers of BDS services. The authors propose a simple pricing structure that is cost-causative, reflects the opportunity cost of using the network, and controls opportunistic behavior. While the main focus of the paper is on BDS services, the recommendations also hold in other networks industries.
SEMGeeks
SEMGeeks
One of the hardest parts about writing great content is getting it to reach the right people. This is why search engine optimization (SEO) is so important. By including certain words and phrases in a neat and organized structure, you increase the chances that your content will be found by the people who have a need for your service.

Tayllor Gomez-Spillane is an SEO Strategist at SEMGeeks, with a B.S. in Marketing from Rutgers Business School.
Rutgers Business School Professor Marc Kalan comments on changing retail.
Eyewitness News 7
The Toys R Us and Babies R Us chain announced last month it's closing 180 locations nationwide as the company tries to restructure $5 billion in debt.

Rutgers Business School Professor Marc Kalan comments on changing retail.
NJ.com, True Jersey
NJ.com
It used to be part of the American Dream -- the cute house in the suburbs with a garage and a big yard for the kids.
Now, however, more and more New Jersey residents are opting out.
After the housing crisis of 2008, the standards for qualifying for a mortgage became much more stringent, said Kevin Riordan, executive director of the Rutgers Center for Real Estate.
"Especially for borrowers on the cusp [economically], the process just became more difficult," Riordan said.
BTN - Big Ten Network
BTN - Big Ten Network
“When we were looking at the refugee problem, we realized there were all these great opportunities,” explains Gia Farooqi, the company’s CEO. “There’s nonprofit hospitals, education centers, job opportunities for refugees, but the issue was that they weren’t actually reaching the resources.”
Their idea? Create a low-cost, easy-to-use transportation network that connects refugees and other displaced persons to the vital resources they need to live happy, healthy, productive lives. They call their system Roshni Rides.
SimpliLearn
SimpliLearn
YouTube uses watch time as a metric in its algorithm for suggesting videos. The algorithm prioritizes videos that lead to longer overall watch time or viewing sessions, rather than videos that get more clicks.
Tennessean, Part of the USA Today Network
Tennessean, Part of the USA Today Network
Mayor Megan Barry’s input in the head of her security detail Sgt. Robert Forrest's activity and eventual overtime pay raise legitimate questions, said Chris Young, an assistant professor of professional practice in the Department of Management and Global Business at Rutgers Business School in New Jersey.
“There may be an ethical violation here, and I want to be very careful that we say may," Young said. “We don’t have all the facts and unfortunately ethics dives into as much data and facts that you can get your hands on.”
Purdue University
Purdue University
A Purdue Blockchain Lab project headed by Hong Wan, received a $1.5 million grant from an Australian company, CollinStar Capital Pty Ltd., supporting blockchain research and technology development.

A blockchain is a distributed database that maintains a dynamic list of records, secured against tampering and revision.

The research lab is the first in the U.S. to study blockchains from an operations research perspective and to work on characterization and application of blockchains to various areas.

Wan is joined by Blockchain Lab co-director Dadi Xing as well as Vaneet Aggarwal and Mario Ventresca, both assistant professors of industrial engineering. Other researchers include Siyuan Liu, co-director of Blockchain Lab Business Intelligence and assistant professor in the Smeal College of Business at Pennsylvania State University; Jacob Cheng, co-director of Blockchain Business Development and a managing partner of CollinStar Capital Pty Ltd.; and Xiaowei Xu, associate professor of supply chain management at Rutgers University Business School.
Recruiting Daily
Recruiting Daily
Leading edge and “best place to work” companies recognize the critical need to synch up their talent acquisition strategy with their employer branding.
John “Johnny” Torrance-Nesbitt, Rutgers MBA '88, is an award-winning Global Recruiting & Employer Branding executive.
BBC World Service
BBC World Service
Cities across America are competing to host Amazon's second headquarters. Will it be worth it?
Lyneir Richardson, instructor of professional practice and executive director of The Center for Urban Entrepreneurship and Economic Development (CUEED) interview begins at 4:30 of the recording.
Parsippany Focus
Parsippany Focus
“We are delighted to provide students at CCM a top-ranked Rutgers Business School education to help them launch their careers,” said Dr. Lei Lei, dean. Rutgers Business School is highly ranked by U.S. News & World Report, Poets & Quants and the Princeton Review.
“The advantage of programs like this is to help students, who face many challenges going to college, make the transition to a four-year school. This partnership with CCM facilitates that,” said Dr. Jerome Williams.
EContent
EContent
“Facebook provides an easier way for users to stumble upon content, making it ideal for marketers to launch a new product or campaign that the target audience wouldn’t know to proactively seek out,” says Stacy Smollin Schwartz, marketing professor at Rutgers Business School.
InsuranceNewsNet.com
But according to Arturo Osorio-Fernandez, an expert on small business and assistant professor at Rutgers Business School, changes to the ACA could make health care inaccessible to some entrepreneurs and their families.
Innovation and the creation of new business might not be able to be entertained because its either that or a doctors visit.
Recruiting Daily
Recruiting Daily
A so-called “new” recruiting philosophy or paradigm needs to emerge where we consider hiring smart people with skills that are transferrable — even if it is from another industry.
John “Johnny” Torrance-Nesbitt, Rutgers MBA '88, is an award-winning Global Recruiting & Employer Branding executive.
City of New Brunswick
Volunteers from Beta Alpha Psi, the Accounting and Finance Honors Society at Rutgers, will help taxpayers file online, by appointment only, on Fridays and Saturdays from February 2 to April 7, 2018.
New Jersey Business
New Jersey Business
Atlantic Stewardship Bank, announced the appointment of Mark Van Grouw to assistant treasurer/assistant vice president of ASB’s accounting department.
Van Grouw has a Masters of Accounting from Rutgers Business School and is a CPA in the state of New Jersey.
The Daily Targum
The Daily Targum
Since 2015, a group of Rutgers alumni, headed by Jim Simos, meet once a year and distribute wreathes to deceased veteran alumni at Arlington National Cemetery in Washington, D.C. as part of the tradition of the national Wreaths Across America organization.
The Daily Targum
The Daily Targum
Chris Buren, founder and president of RutgersBit and a first-year student in the Rutgers Business School, said that the goal of the club is to teach all members of the Rutgers community about cryptocurrency and blockchain.
Poets & Quants for Undergraduates
Poets&Quants for Undergrads
The common goal is to fill the pipeline with the best talent and groom and entice students to join an organization once their degree requirements have been completed.
Rutgers Business School Internship rates for the Class of 2017 before senior year: 72.9%.
CBS Phylly
CBS Philly
“Once the new governor is briefed and really understands, I believe it’s something the new governor would support because of all the economic benefit developments over time,” said Lyneir Richardson, Instructor of Professional Practice and Executive Director of The Center for Urban Entrepreneurship and Economic Development (CUEED) at Rutgers Business School.
MyCentralJersey.com
Martin Luther King Intermediate School students learned about entrepreneurship from their High School Heroes recently.
Trained by Rutgers Business School Professor of Finance Ron Richter and Stephanie Rae Chou of Junior Achievement, and followed by hours of preparation and practice, the High School Heroes delivered standards-based financial literacy lessons to almost 500 fourth and fifth grade students.
U.S. News & World Report
U.S. News & World Report

Lyneir Richardson, a professor of entrepreneurship at Rutgers Business School and executive director of the Rutgers University Center for Urban Entrepreneurship, says an MBA program with faculty who have real-world business experience is ideal.

"Professors who have battle scars and war wounds bring color commentary to the reading and assignments and are invaluable to students," he says.
Yahoo!
Yahoo!
MBA applicants often compare the rankings of various business schools before they decide which they want to target. But experts say these same applicants often forget to consider another critical factor: which schools' teaching methods are the best fit for their learning style and career goals.
Asbury Park Press
Terri Kurtzberg is co-author of a new book called Distracted: Staying Connected without Losing Focus, arguing that workers have become addicted to the nonstop Twitter feeds, news alerts, texts and emails on their mobile phones. And their brains aren't equipped to handle it.
Recruiting Daily
Recruiting Daily
You could begin with Facebook and Twitter. They can help you recruit more diverse candidates and also spread your diversity brand message.
This could be an effective channel for tweeting out your firm’s programs, processes, awards and accomplishments in Diversity and Inclusion.
John “Johnny” Torrance-Nesbitt, Rutgers MBA '88, is an award-winning Global Recruiting & Employer Branding executive.
CBS News
CBS News
Years of steady hiring and economic growth have delivered a cumulative benefit for at least one group that hasn't always shared in America's prosperity. The unemployment rate for African-Americans fell to 6.8 percent in December, the lowest level since the government began tracking such data in 1972.

Q. Why is the African-American unemployment rate higher than the rate for whites?

Nancy DiTomaso, a business professor at Rutgers University, says her research has found that whites likely benefit from networks of family and friends that don't intentionally exclude blacks or other minorities. Yet, nevertheless, their networks have the effect of helping whites get jobs more readily than blacks.
Wiley-VCH
Growing out of Professor Jonathan Eckstein's twenty years' experience teaching courses on management information systems (MIS) at Rutgers Business School, this book fills this gap in the literature by providing a rigorous introduction to relational databases for readers without prior computer science or programming experience.
Poets & Quants for undergraduates
Poets&Quants
When a student is the first in their family to attend college, the pressures not to disappoint are immense, and the stresses pulling them apart are many. To help these students have a fair chance at success once they have been accepted into business school, there are many ways in which institutes provide support throughout their educations to guide them to graduation.
WalletHub
WalletHub
The optimal scenario is to pay your credit card off in full each month, regardless of the rate. If you are not able to do so, then you should consider the use of a card with a "teaser" rate, that has abnormally low interest rates for a period of up to 2 years.
Singapore Times
Dr. Farok Contractor, distinguished professor in the Management and Global Business department and a lecturer in the Rutgers Business School Executive MBA program said: “Very simply, the role of managers at senior executive levels involves top level strategy and leadership, which has to integrate concepts and personnel across the various departments and divisions of a firm. Such integrative skills cannot be taught online.”
Inbound Logistics
“We offer a great program in those eight jam-packed days, so students come out enthused about what supply chain management can mean for them,” John Impellizzeri explains. “We show even those who are interested in sports, media, and music how supply chains relate to any interest they might have.”
Reuters
“It’s not the sexy area of banking, but students walked away from the class saying ‘I didn’t know it would be so interesting,'” said Ron Richter, a Rutgers professor who teaches a class on working capital management. He helped establish the Citi tie-up alongside Michael Fossaceca, Citi’s head of treasury and trade solutions in North America.
Hotel Yearbook 2018
The hospitality industry has finally embraced the challenge of tackling sustainability, with most hotel groups believing that operating a sustainable company is not just "a nice thing to do" but the new way of doing business, say Rutgers Business School's Matthew Walsman and Cornell's Rohit Verma.
Startups.co
The saying is that ‘Cash is King,’ but in my view, the saying should be ‘Cash Flow is King.’ Ultimately, I had to sell the assets of my company at a discount, and I went out of business.”
New Jersey Business
New Jersey Business
"Across the U.S., 96 percent of the land is available for development – it's just not where it needs to be," said Morris Davis, academic director of the Center for Real Estate at Rutgers Business School. "This is particularly true in New Jersey."
Daily Record
Trump's statement on Monday was perhaps the last straw for many political observers and Trump foes, if not GOP primary voters. The billionaire businessman called for a complete "shutdown" of Muslims entering the United States "until our country's representatives can figure out what is going on" with terrorism.

Ashwani Monga, professor and chair of the Marketing Department at Rutgers Business School, said Trump threatens further damage to his personal brand. He notes, however, that Trump only seems to care about one core group right now — those who support his primary campaign.
ROI-NJ
The Institute for Ethical Leadership at Rutgers Business School has announced eight Institute for Ethical Leadership Research Fellows. The full-time Rutgers Business School faculty members conduct research and/or teaching in areas related to business ethics, leadership ethics and corporate social responsibility.
American City & County
"There are millions of businesses throughout the country," says Jeffrey Robinson, a professor of management and entrepreneurship at the Rutgers Business School.
"And then of course, they get concentrated in cities and urban areas because there's more people there, there's more commerce and activity taking place there."
Metro MBA
MBA graduates looking to apply their skills to a fast-growing and high-paying career may be interested in pursuing a role in Pricing Analysis. Named among the 100 best jobs in America by CNN.