Media Coverage

According to stats released by Rutgers Business School, it’s not uncommon to find between 1-5 doctors in a typical EMBA class. This is largely due to the new reality of the medical profession, which has increasingly required that doctors “transition from medical practice to running hospitals, managing hospital finances, heading-up HMOs, working for pharmaceutical companies and becoming Chief Medical Officers.”

To the Editor:
Re “Don’t Fear Classical Music,” by Miles Hoffman (Op-Ed, April 19):

But thank you, Mr. Hoffman, for aptly describing my lifelong struggle with Classical Music Insecurity Complex (your term), and for confirming the validity of the delight I feel at the end of a concert, or at the sound of my own piano, assuredly far short of what the composer intended but, in my mind’s ear, pure joy.

Rosa Oppenheim

Ellen Kolodziej reports on the New Jersey State housing market and talks to a millennial who is having a hard time buying a home in NJ and Larry sits with Kevin Riordan, Executive Director of Rutgers Center for Real Estate.

As content marketers, we are all more or less familiar with the term ‘content disruptors’. In short, content disruptors have, for better or for worse, turned traditional content conventions on their head.

The following individuals have broken content marketing boundaries, spearheaded new technology, and have taken the reins on new trends and made them their own. They have taken these disruptors and turned them into something magical but more importantly, they have shown us how to leverage this tech without skimping on authenticity and creativity.

Why do workers in the financial industry get paid so much? There are many possible explanations, none of them completely satisfying.

So what do managers get paid for? Another recent paper, by Galit Ben Naim and Stanislav Sokolinski, offers one possible answer. Ben Naim and Sokolinski looked at Israeli mutual funds, using extremely comprehensive data collected by the Israeli government. Like Ibert et al., they found that market-beating performance was only weakly related to compensation.

Interestingly, Ben Naim and Sokolinski found that manager pay is more strongly related to overall fund performance, without the benchmark subtracted.

Ben Naim and Sokolinski found a larger effect of fund size on manager pay -- about 30 percent, or roughly twice the size of what Ibert et al. found. Furthermore, they found that managers captured 40 percent of the fee revenue that comes from investors putting more money in the fund (rather than increases in size that come from market returns, or from the company handing the manager more assets to manage).

These findings suggest that mutual-fund managers are paid less for beating the market than for marketing -- i.e., the ability to collect assets.

We look to understand a passenger’s stress points, their way of finding preference, physical movement and emotional connections with space.

While stress points in airports are an element of contention, there are many ways to alleviate this factor. A research document published by Rutgers Business School in 2016 (Kristina M. Durante and Juliano Laran (2016) "The Effect of Stress on Consumer Saving and Spending." _Journal of Marketing Research_: October 2016, Vol. 53, No. 5, pp. 814-828. https://doi.org/10.1509/jmr.15.0319) shows that consumers in a state of stress are far less willing to spend than consumers in a positive state of mind, specifically feeling in control of their environment.

So, as designers it is our job to create that positive feeling and reduce stress in order to encourage passenger spending, amount of dwell time in an airport and their likelihood of a return visit.

The County College of Morris won first place in the annual New Jersey County College Case Competition.

The competition was held between students from across the state at the Rutgers Business School.

The teams were asked to analyze Keurig's single-serve coffee business and identify its challenges.

The third annual New Jersey County College Case Competition presented by M&T Bank at Rutgers Business School in Newark last week had scenes straight out of “Shark Tank.”

Seven teams of students from community colleges across the state had to present a five-year business plan for Keurig Green Mountain — and to do so under the assumptions that the company’s popular K-Cup package was a year away from losing its patent and that the company was under fire from environmentalists because its product was not easily recyclable.

Rutgers Business School graduate Gary Cohen is giving $1 million to establish the Rutgers Institute for Corporate Social Innovation.

The institute’s mission is to “embed interdisciplinary coursework into the Rutgers Business School curriculum to prepare students to drive successful business results in sustainable organizations that are financially, environmentally and socially responsible.”

The stock market ended this week the same way it did last week — with extreme volatility based on the latest headlines about trade. Late in the week, President Trump threatened China with $100 billion in additional tariffs, after China issued its own tariff threat against the U.S. Meantime, both countries are holding ongoing trade talks.

Sometimes it’s hard to make sense of the headlines and the politics behind them, but it’s easy to look at the numbers, which tell their own story.

According to the U.S. Commerce Department, New Jersey exported $34.5 billion in products in 2017. Of that amount, $1.6 billion was exported to China, which is the fourth-largest export market for New Jersey products, behind Canada, Mexico and the United Kingdom. The business of trade supports thousands of jobs in the state. New Jersey’s top export is chemicals, which is a product targeted by China. Arthur Guarino, a professor at Rutgers Business School, talked about how tariffs would impact the state.

The Rutgers Business School in Newark announced recently it hosted its 2018 annual business plan competition, attracting a total of 44 entries.

The judges narrowed the entries to five finalists and awarded cash to all five teams who made it into the finals.

“The five presentations here were the five best in 15 years or more that we’ve been doing the business plan competition,” said Richard Romano, the foundation’s president who helped to judge the entries.

Anyone who has bought the beauty products that the Internet deems worth our time in 2018 — from brands like KKW Beauty, Too Faced, The Ordinary, and Pat McGrath Labs — has probably spent a late night online hitting refresh.

But when products sell out in minutes, customers are left empty-handed and bare-faced. That may or may not be part of the plan.

"Branding, especially in fashion and beauty, marches to the beat of an entirely different economic drum," says Farrokh Langdana, professor at Rutgers Business School.

"While initial sell-out is great for generating consumer interest and creating a strong PR talking point, if this situation continues over time, the brand may lose customers who will look to competitors who offer comparable products that are in stock," says Dimitri Koumbis, professor at the Rutgers Master of Science in Business of Fashion.

In a world of over 7 billion people, can individuals really make a difference in combating climate change and other environmental impacts?

Dr. Kevin Lyons of Rutgers University, who studies the local and global impacts of how products move from raw materials through consumption, will discuss his research on supply chain archaeology and the practical solutions that can be implemented on the local level at the East Brunswick Public Library at 7 p.m., Thursday, April 19.

Lyons is an associate professor of Supply Chain Management and director of Public-Private Community Partnerships at the Rutgers Business School in Newark. He also is associate director of the Rutgers Energy Institute and the Rutgers EcoComplex.

He developed the Supply Chain Environmental Archaeology research program and lab at Rutgers, which studies the entire life of a product from its creation to consumption and its contribution to climate.

What has surprised you most about majoring in business?
I was surprised most by how much of business isn’t just numbers. Coming from a family of accountants and computer scientists who worked in business, I assumed that all of business involved technical analysis. Through my education I’ve learned that while those numbers are important, the story they tell, the impact they have, and how they create change are really what drives businesses.

A key challenge for activist investors is convincing other shareholders that the activist agenda will increase the value of a target firm. Accordingly, activists commonly release public disclosures through traditional and social media, news wires, or their fund’s website. These disclosures are often formatted as open letters aimed at the target’s board, management, or existing shareholders.

In our study, we hand collect a sample of activists’ disclosures and systematically analyze their consequences. We find that they are associated with significantly positive stock returns of 2.4 percent at the target firm around their release dates. These disclosures are also associated with decreased investor information asymmetry and are leading indicators of several activist-campaign outcomes, including proxy contests, directorships, and proxy adviser recommendations. We also find that managers respond to activist disclosures through increased disclosure of their own. We find no evidence that activists release disclosures simply to manipulate a target’s stock price.

Facebook’s ongoing privacy scandal could engulf one unsuspecting sector of the economy — the mom-and-pop businesses that rely on it for their marketing outreach.

“Businesses like the fact that there’s such a wealth of information that’s available through Facebook,” said Glen Gilmore, a digital marketing consultant and an adjunct professor of digital and social media marketing at Rutgers Business School.

“The things that creep us out about Facebook are the things that give it the ability to be so valuable to businesses,” Gilmore said.

Gary Minkoff, who teaches entrepreneurship at Rutgers Business School’s Department of Management and Global Business in New Brunswick, is seeking 40 college students to spend June 7 to 17 in Israel, studying its reputation as a “start-up nation” and meeting entrepreneurs from many parts of the country.

“This is a great opportunity for students to learn not only how to do business in another country, but to learn how the entrepreneurial and start-up ecosystems work in Israel,” he told NJJN. Students do not need to be business majors or enrolled at Rutgers University, and students of all faiths are encouraged to apply.

Minkoff insists “this is not a trip. It is a 10-day course called ‘Doing Business in Israel.’”

Its intent, he said, is to “create mechanisms for students to understand the different perspectives of start-ups and innovation in general. They will get to meet people involved in start-ups and to learn about their motivations, their successes, and their failures.”

The course will introduce the students to “a wide variety of Israeli entrepreneurs” — those who conceive ideas, those who fund them, those who launch and grow them, and those who are users of their products.

"The competition may have been a big factor, but they did not ‘cause’ the company's demise. The fundamental reason was that the company failed to give consumers a good reason to choose its online and physical stores instead of its competitors," said S. Chan Choi, a Rutgers Business School professor and chair of the school's Marketing Department. "Some of the reasons they could have offered could include lower prices by improving its supply chain and distribution system, as opposed to Walmart, superior product experience and convenience, as opposed to Amazon, or customization with superior service, as opposed to Target."

At first glance, omnichannel lead generation might also look like the multi-channel sales approach, but there’s a big difference. Stacy Schwartz, adjunct professor at Rutgers Business School and a digital marketing expert, defines omnichannel as customer-centered rather than company-centered.

“Omnichannel,” she said, “acknowledges that mobile and social have enabled customers to not only quickly switch between channels but use channels simultaneously. For example, they check out product reviews on their mobile phone while evaluating a product on a physical retail store shelf.”

In other words, the strategy inter-relates each channel so they can engage with their customers holistically and make sure that they have an excellent user experience no matter what channel they use.

The online master’s in supply chain management degree program from Rutgers University is a 30-credit hour accelerated offering that can be completed in just one year at Rutgers Business School, Department of Supply Chain Management chaired by Professor Lian Qi. Students choose ten courses from a list of thirteen offered, such as Supply Chain Risk and Disruption Management, Lean Six Sigma, Operations Analysis, Supply Chain Law and Governance, and Supply Chain Management Strategies, for example. The program is offered completely online, and there is no residency requirement. Online master’s in supply chain management students may opt to pursue graduate certificates while working towards their degree.

The award-winning Entrepreneurship Pioneers Initiative (EPI) is celebrating its tenth anniversary this year. Since its inception in 2008, the companies that are owned and operated by EPI’s participants have created 200 local jobs and generated over $46MM in revenue.

EPI is an education program created by Rutgers Business School’s Center for Urban Entrepreneurship and Economic Development that offers training, financial and business coaching, and peer learning for first generation business owners,

“Over the past 10 years, we’ve helped almost 400 entrepreneurs from across New Jersey to generate growth, build their brands, accelerate strategic alliances, and focus their finances,” says Lyneir Richardson, Executive Director of CUEED. “Their businesses are key drivers behind the revitalization of their communities, and we’re proud to have contributed to their enduring success.”

The latest ranking of top graduate schools is out, and New Jersey colleges cracked the list in each of the major categories.
U.S. News and World Report this week released its 2019 Best Graduate School Rankings, an annual list watched closely by many college administrators. Though colleges often dispute or dismiss the rankings, they also know a good or bad ranking could influence prospective students.

Taking the step to buy your first home may feel like a leap — across a canyon.

To make matters worse, 2018 presents a new set of problems for rookie home buyers: a new tax law whose full effects have yet to be felt on homeowner taxes or property values; record low inventory; tough credit; and rising mortgage rates.

Morris A. Davis, chair of real estate and professor of finance at Rutgers Business School, warned of another factor that could keep housing inventory low, or pinch it further: millennials.

“There’s a massive slog of potential first-time home buyers about to hit the marketplace,” he said. “Many of them are in prime childbearing age, and the single most predictor of whether or not you buy a home is whether you have children.”

“A first-time home buyer is taking a bet on a metro area, and the first thing I’d ask the first-time home buyer is: Are you willing to commit to this metro area and this school district for the next 10 years,” Dr. Davis said.

Regardless of whether you’re pursing an MBA to broaden your current skill set, climb the ladder or launch a start-up, it’s probably safe to say that you’ve done a lot of thinking, weighing and measuring: time, money, effort, outcomes etc.

So, having decided to take the plunge, all you have to do now is choose the right school which, in theory, shouldn’t be that difficult.

However, not all MBAs are created equal, which makes putting together a shortlist a lot more challenging, but this is the point at which we can help.

Our objective is simple: to identify schools which marry exceptional quality with great ROI.

“More great news arrived today! Our Full-Time MBA Program was ranked #44 in the U.S. by the U.S. News & World Report, the highest ever ranking for Rutgers Full-Time MBA by U.S. News & World Report," Dean Lei Lei said .

"In addition, our Part-Time MBA Program was ranked #39 and continues to sustain a strong Top 50 position in the nation. Supply Chain Management was ranked #6 in the U.S. moving up three places from #9 last year,” said Dean Lei Lei.

The nontraditional virtual accelerator, TechLaunch, held its seventh BullPen pitching event at the Piscataway campus of Rutgers Business School at the end of January.

The BullPen program added a new feature this year: The startup that wins the investor choice vote will be eligible for $20,000 worth of in-kind services offeredby the law firm Gibbons P.C. (Newark and Trenton), investment-banking firm ND4 Advisory (New York), accounting firm WithumSmith+Brown (Princeton), micro-VC company Casabona Ventures (Kinnelon) and Gearhart Law (Summit)

BullPen events always include a student contestant, and this time it was Rutgers-based SULIS, which stands for “solar ultraviolet light-induced sterilization.” Presenting for SULIS were Sarah Pomeranz, Rutgers Business School, and Ari Mendelow, School of Engineering.

“What we want to do is provide people who don’t have access to sterile water the ability to sterilize the water that they do have,” Mendelow told the audience.

“Part of our business model is that in the long run we’d like to be able to manufacture it locally,” Pomeranz said.

For approximately a decade, the Hult Prize has been awarded to masterminds and innovators that understand the power of a single idea. This year, Rutgers has set a new record by having two teams from the same university​ as titleholders of the Hult Prize Regionals Competition.
The two teams, SULIS and LivingWaters, are collectively comprised of eight Rutgers students who were tasked with the 2018 Hult challenge — employing the power of energy to transform the lives of 10 million people by 2025, said Sophia Zhou, the campus director of the Hult Prize at Rutgers.
Four Honors College students joined forces to create SULIS — Yuki Osumi, a School of Arts and Sciences sophomore, Sarah Pomeranz, a Rutgers Business School sophomore, Anurag Modak, a School of Arts and Sciences sophomore and Arye Mendelow, a School of Engineering senior.
Joshua Kao, a Rutgers Business school junior, Jane Peterken, a School of Engineering senior, Thomas Irving, a Rutgers Business School senior and Shrey Ghate, a School of Engineering senior, make up the second team from the University, LivingWaters, whose work is focused on the global water crisis.

Sources say Toys 'R' Us will close all of its remaining U.S. stores and leave us for good.
And so we asked the experts: Who is responsible for killing Toys 'R' Us? Here's what they had to say.
Competition -- and a lackluster in-store experience
"Plus both Walmart and Target sell toys and other essentials," says Kristina Durante, an associate professor of marketing at Rutgers Business School. "Walmart has the lowest prices. And at Target, you can get a coffee. But there is nothing that's driving people to Toys 'R' Us."
Durante, a mom herself, also points to a lackluster experience inside Toys 'R' Us stores.
"It would be great if Toys 'R' Us had a capital infusion to make the store more than just looking at the shelves, but an experience," she says. "What can you do there that's unique? That would motivate you to go to the store? They could have thought of a possible reinvention if they had smaller stores that were more experiential."

There was a lot of uncertainty about withholding in the early days after the bill passed, said Jay Soled, a professor at Rutgers Business School specializing in taxation.

There's a possibility that too much money was withheld for some people in February, he said.

"But at the end of the day these are withholding payments not actual tax payments," Soled said. "It could be a little off and not matter at end of day. You just get more of a refund."

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.

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.

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.

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.

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

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.

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.

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.

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?

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

“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.”

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.

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.

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.

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.

“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.

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.

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.”

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.

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.

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.