Alumni News and Events
          April 2011 Excellence, Diversity, Access

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Rutgers Day is April 30th
A full day of discovery awaits visitors at the Busch, College Avenue, and Cook/Douglass campuses at this year’s Rutgers Day.
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2011 Commencement
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RBS working with Bloomberg to Develop New Financial Assessment Test
Bloomberg has chosen Rutgers Business School as one of its 12 founding partner universities as they rollout the test on a global scale.  Twenty Rutgers students scored in the top quartile in the world the BAT trial in the fall.
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Top news stories:
1. RBS runner-up in CFA Institute's Global Investment Research Challenge, over 500 schools from around the world competed

2. Rutgers EMBA ranked #3 in Economics, #7 in Corporate Strategy by Financial Times


3. Rutgers Business School runner up in Supply Chain Case Competition

4. Glenn Shafer Appointed Interim Dean of Rutgers Business School

5. Pharma MBA students win prestigious biotech & healthcare case competition

 

RBS runner-up in CFA Institute's Global Investment Research Challenge
More than 500 schools competed

By competing with universities from Italy, Thailand and California in the global finals of the CFA Institute's Global Investment Challenge, Rutgers Business School (RBS) symbolized the Rutgers mantra "Jersey Roots, Global Reach." The RBS team consisting of a mix of undergrad and MBA students from Newark and New Brunswick was runner-up along with the Thai team from Thammasat University and the University of Southern California to the winning Italian team from Politecnico di Milano.

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Meeting Warren Buffett
The Rutgers Business School team with Warren Buffett, after the finals in Omaha, NE.

“Getting to personally meet Warren Buffett and visit his office at Berkshire Hathaway was beyond incredible,” said team member Anil Bhatia (MBA 2012, Newark).

Alumni in the News

BankAnnapolis Names Edward J. Schneider EVP
City Biz List (Baltimore, MD) - April 25, 2011
Alumnus Edward J. Schneider has been promoted to executive vice president of BankAnnapolis, a new position created in recognition of his performance as senior vice president and chief financial officer. Schneider will continue as CFO and senior vice president. Schneider, who earned an MBA from Rutgers, has 25 years experience in banking, having worked previously at Citigroup and its various subsidiaries from 1995 to 2004 and again from 2005 to 2009.

MWW Group adds three to Dialogue Digital
PR USA - April 12, 2011
Alumnus Ben Aronson, Digital Strategist, will help create innovative and groundbreaking strategies to help brands engage with their markets through digital and social media outlets. Prior to joining MWW, Aronson spent four years running his own digital media agency, Tao Experience. Aronson holds a B.S. in Finance and Marketing from Lehigh University and an MBA from Rutgers University.

Revolutions Medical Hires New Chief Operating Officer
MarketWatch (Charleston, SC) - April 11, 2011
Revolutions Medical Corporation ("Revolutions Medical" or the "Company") (OTCQB:RMCP) announces today the hiring of Alumnus Vincent Olmo, as the Company's new Chief Operating Officer. Mr. Olmo combines over five years of experience in information technology and operations senior management, following an eighteen year career as a delivery manager and application architect. Mr. Olmo has a Bachelor of Science degree in Electrical Engineering from Fairleigh Dickinson University and an MBA from Rutgers.

Alumni Features:

Entrepreneurship Pioneers Initiative (EPI)
The Entrepreneurship Pioneers Initiative (EPI) is a comprehensive program developing entrepreneurs in New Jersey that invests in the human and social capital of first generation entrepreneurs. Selected participants receive intensive training to help them grow their business, individual and group counseling, financial guidance, and networking opportunities.
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Institute for Ethical Leadership at RBS
The Institute for Ethical Leadership (IEL) aims to promote and strengthen sustainable ethical leadership to enhance civil society. The Institute provides programs and services for the business, nonprofit and government sectors, as well as courses at the graduate and undergraduate level at Rutgers University. Learn more...

NEW Mini-MBA Programs
NEW Mini-MBA in Social Media Marketing ONLINE
NEW Mini-MBA in Mobile Marketing

Learn how to gain competitive advantage by employing the tools and strategies of social media.  Participants leave this one week intensive program with the skills and knowledge to immediately employ social media strategies at their firms or to further their own personal career development. Learn more and register today at www.cmd.rutgers.edu.

Educational perks for RBS alumni

Update your MBA with the Post-MBA Certificate
An easy way to update your MBA degree and incorporate the latest knowledge on contemporary topics, earn an Rutgers Business School Post-MBA Certificate in as little as four three-credit elective courses. You can pick from any of the existing RBS MBA concentrations or design your own custom certificate that is tailored to your career objectives. For RBS alumni only, the application fee and the school fee are waived, and no transcripts are required. To register, call 973-353-5275 today.

For benefits available to all members of the Rutgers University Alumni Association, visit Ralumni.com.

Recent News
More news at business.rutgers.edu/news

Highlights of Recent Media Coverage
More coverage at business.rutgers.edu/media/coverage

Tax fraud way up says the IRS
NJ 101.5 FM Radio (Newark, NJ) - April 22, 2011
Almost two-billion dollars in fraud and attempted fraud this year. The figures come from the Treasury Inspector General for Tax Administration. Some of this fraud comes in the form of taxpayers claiming deductions they may not be entitled to. Advances in electronic filing make it easier to scrutinize returns, and the hard times might tempt some to cut corners or cheat. Rutgers tax expert Jay Soled says the current anti-tax climate also contributes to the fraud outbreak. According to Soled we have to be careful that we may ultimately get what we wish for if the kind of message keeps being sent, that taxes are an evil that should be avoided.

Can you recover from a high-profile exit?
CNN International (Newark, NJ) - April 22, 2011
When disaster strikes, there isn't a manual for CEOs. However, the honorable thing to do to is at least tender a resignation, whether or not it's accepted, because "you become the organization, you stand for it," Poole noted. It might make sense to resign even if the board isn't howling for your head. There's a difference between what's right for you and what's right for the company, according to Ann Buchholtz. She's the research director at Rutgers Business School's Institute for Ethical Leadership. Your own interests are perfectly fair to take into account when it comes to choosing to leave, she said.

It Is Hard but Important to Get Regulation Right
The Wall Street Journal (New York, NY) - April 21, 2011
Asking the banks to monitor the creditworthiness of its counterparties in a derivatives transaction is another foolhardy exercise, especially when it isn't in their self-interest to do so. The loss of trust in our financial institutions is so great that until that trust is recovered, any and all protection against adverse price changes, namely hedging, ought to be paid for up front through the posting of margins.

No Excuses: Galvanizing Black Innovation and Capital
Huffington Post (Newark, NJ) - April 20, 2011
I commend Rutgers Business School's Center for Urban Entrepreneurship & Economic Development in producing the first-ever Black Angels and Entrepreneurs Forum in partnership with the Black Innovation and Competitiveness Initiative. This is an opportunity for Black Americans to engage in a collaborative effort to change the economic paradigm.

Students start online greek apparel company
The Daily Targum (New Brunswick, NJ) - April 13, 2011
With the continuing concern of unemployment rates in the country, some students were inspired to find alternative ways to earn a living after college. School of Arts and Sciences sophomore Anik Chadha and Rutgers Business School first-year student Bill Hendrickson said they decided to take the entrepreneurial route. Chadha and Hendrickson launched getyourgreek.com, a website specializing in greek apparel to students at the University, in February even though plans for it began last semester.

MWW Group adds three to Dialogue Digital
PR USA (New York, NY) - April 12, 2011
Alumnus Ben Aronson (MBA), Digital Strategist, will help create innovative and groundbreaking strategies to help brands engage with their markets through digital and social media outlets. Prior to joining MWW, Aronson spent four years running his own digital media agency, Tao Experience. As seen on Fox and CNN, Aronson has also produced a variety of original content, from feature length films to online television series, and garnered national acclaim for creating Break'N Through, a young, edgy online reality competition series to uncover the top unsigned original music talent.

Revolutions Medical Hires New Chief Operating Officer
Market Watch (Charleston, SC) - April 11, 2011
Revolutions Medical Corporation ("Revolutions Medical" or the "Company") (OTCQB:RMCP) announces today the hiring of Alumnus Vincent Olmo (MBA), as the Company's new Chief Operating Officer. Mr. Olmo combines over five years of experience in information technology and operations senior management, following an eighteen year career as a delivery manager and application architect. Previously, he was involved with several large financial institutions holding various positions, including chief architect and application delivery executive.

U. team snags second place at global contest
The Daily Targum (New Brunswick, NJ) - April 10, 2011
By competing with universities from Italy, Thailand and California in the global finals of the CFA Institute's Global Investment Challenge, Rutgers Business School (RBS) symbolized the Rutgers mantra "Jersey Roots, Global Reach." The RBS team consisting of a mix of undergrad and MBA students from Newark and New Brunswick was runner-up along with the Thai team from Thammasat University and the University of Southern California to the winning Italian team from Politecnico di Milano.

Lack of parking spaces inspires 'greener' travel
The Daily Targum (New Brunswick, NJ) - April 7, 2011
With Earth Day approaching on April 22, the University found a way to make transportation greener. The Commuter Transit and Parking Services for Rutgers-Newark hosted its "Second Annual Cherry Blossom Bike Ride" through Branch Brook Park on Wednesday to encourage "green" commuting, said Brad Armstrong, parking office supervisor.

Firms like Atmos Energy that benefit from breaks may not go for tax reform
American Chronicle (Washington, D.C.) - April 7, 2011
ritics of corporate tax breaks and some economists say bonus depreciation rewards companies for making investments they would make anyway. Atmos, for example, must invest hundreds of millions of dollars every year to maintain its network of pipelines and other natural-gas assets. Those costs are recovered from utility customers through the rates set by regulators."Most of these utilities are under that obligation to serve, so they have to make the investment to provide the service. In that sense, they are going to make the investment anyway," said Robert Patrick, an economist and professor at Rutgers Business School. Patrick has published widely on regulated energy markets.

TEDx Brings Ideas to Life
Rutgers News (New Brunswick, NJ) - April 6, 2011
TED is a nonprofit global network that brings together people from three worlds: Technology, Entertainment, Design (TED). Established in 1984, its purpose is to disseminate “ideas worth spreading” through conferences, video, online media, local events, and other initiatives. Taha Najmuddin, the founding moderator of the official TED fan page on Facebook, brought an independent, miniature version of the conference (TEDx) to Rutgers last year with the help of the Rutgers International Student Association (ISA).  Najmuddin, who graduated in 2010 from the Rutgers Business School-New Brunswick, now works as a business analyst at FAST, a financial services technology company.

MBA Promotes Jim Gross to VP of Financial Accounting and Public Policy
National Mortgage Professional Magazine - April 5, 2011
The Mortgage Bankers Association (MBA) has announced the promotion of Jim Gross to the position of vice president of financial accounting and public policy. Gross joined MBA in 2008 from NetBank Inc., where he was chief financial officer. He has 10 years of "Big Four" accounting experience including functioning as a mortgage banking specialist for Deloitte. His background also includes prior chief financial officer positions at New America Mortgage, IndyMac, and J.I. Kislak Mortgage. Gross is a Certified Public Accountant and received his MBA from Rutgers University.

A Commute Too Far
The Wall Street Journal (New York, NY) - April 3, 2011
"Learn to schedule your time more efficiently since long commutes will limit when you can run errands," says extreme commuter Susan Feinberg, an associate professor at Rutgers Business School in New Brunswick, N.J. She lives 200 miles away in Washington and takes a train back and forth a couple of days each week.

Business school recognizes student leaders
The Daily Targum (New Brunswick, NJ) - April 1, 2011
The annual Rutgers Business School honored 120 of its students Wednesday at the Rutgers Business School Leadership Summit, organized by the Rutgers Business Governing Association (RBGA). The award ceremony, held at the Rutgers Student Center on the College Avenue campus, recognized the new executive boards of 11 student organizations as part of its transition to the next academic year.

Markets wrap disaster-prone quarter on calmer note MarketWatch - (San Francisco, CA) - March 31, 2011
For investments such as gold, gains from a parade of global events started to peter out at the end. Bonds lost ground, sending yields higher. And a glum outlook for the dollar started to brighten."We all have problems, but [the problems facing Europe and Japan] are worse at the moment," said John Longo, professor of finance at Rutgers Business School in Newark. He said he expects the greenback to show modest strength versus the euro and yen this year.

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Upcoming RBS Events
More events at business.rutgers.edu/events

Seminar: Estimating primary demand for substitutable products from sales transaction data
April 27, 2011

Small Business Health Benefit Act
April 28, 2011

Business Bazaar & Expo
April 28, 2011

Business Plan Workshop
April 30, 2011

Executive MBA Open House
April 30, 2011

Rutgers Day
April 30, 2011

Mini-MBA: Digital Marketing
May 2, 2011

Accounting Advisory Board Dialogue Series
May 3, 2011

Intro to Entrepreneurship Q&A
May 4, 2011

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