Media Coverage

A team of three Rutgers Business School students and one alumna have made history when they became the first winning regional champions from Rutgers University in the Hult Prize competition.

Marc Kalan, Rutgers assistant professor of marketing, said it's an interesting concept what Macy's is doing, opening an outlet store within an existing store.
"If it draws traffic into the base store, it's a clever and good idea," said Kalan, adding that retail stores still face challenges from big-box and online retailers.
"The whole retail sector is feeling challenged," he said.

Lyneir Richardson is a full-time faculty member at Rutgers Business School in Newark, NJ. He is leading new programs focused on helping minority entrepreneurs get capital from public sources and private investors in his role as Executive Director of the Center for Urban Entrepreneurship and Economic Development (CUEED), a research and practitioner oriented center at Rutgers University.

THOMASNET.com® and the Institute for Supply Management® (ISM®) are pleased to sponsor the third annual 30 Under 30 Rising Supply Chain Stars Recognition Program.

Karen Kessler, the founder and president of Evergreen PR, has been named the chair of the executive business cabinet at the Institute for Ethical Leadership at Rutgers Business School, the institute announced.

Since 2000, one-third more women than men have graduated college, a topic Jon Birger explored in his book DATE-ONOMICS. With greater education comes greater income: Wages for U.S. women age 25-34 have risen 13% since 1980 whereas men's have fallen 20%.

Among the nation's best business schools, Rutgers Business School in Newark and New Brunswick tied for No. 50 with the Krannert School of Management at Purdue University.

Rutgers Business School seniors Gia Farooqi, Hasan Usmani, Moneeb Mian and alumna Hana Lakhani — who are all Muslim — pitched Roshni Rides to the international social entrepreneurship competition Hult Prize for a $1 million prize.

"Coffee is the intro. It's the opportunity to leverage the power of the coffee, the power of the caffeine, the taste, the convenience and the flexibility it may have with the hope that folks will come back and buy other higher margin, higher profit products," said Sandy Becker, professor of marketing at Rutgers Business School.

"The cost of a liquor license in those areas could be $500,000 or more, so the problem is there's no mechanism to enable budding restaurant owners to acquire a license at a reasonable price in areas where there's clearly a demand for restaurants," said Morris Davis, director of the Center for Real Estate at Rutgers.

Experts say African-Americans and Latinos have been unable to network in the same financial circles as others. It's a problem Wall Street has recently focused on.
"Less than 2 percent of all technology startups are led by black or Latino individuals," Lyneir Richardson, executive director of Rutgers' Center for Urban Entrepreneurship and Economic Development, said.

On this edition of "This is Jersey with Gary Gellman," they report on the 80th Annual New Jersey State Chamber of Commerce Walk to Washington.
During the train ride to Washington, DC, Andy Gogates, corporate relations manager, Rutgers Business School MBA program, is interviewed: begins at 11:17 https://youtu.be/7ajgNHlYgkg?t=11m17s into the video.

The Institute for Ethical Leadership at the Rutgers Business School announced it has appointed Dr. Joanne B. Ciulla its newest academic director.

The Black and Latino Tech Initiative, a collaborative program with the goal to aid early-stage companies with black and Latino co-founders with viable business models, will launch this week in Newark, organizers said.

On March 2, Rutgers Business School's Center for Urban Entrepreneurship & Economic Development will hold its Black and Latino Tech Initiative Launch (BLT).

I would recommend people get a credit card with a low limit (e.g., $500), as soon as they understand the fundamentals of money and banking. Having a credit card and using it responsibly can help you develop a credit score.

M&T Bank and Rutgers Business School have launched a new partnership for the second annual Rutgers Business School New Jersey County College Case Competition, with M&T serving as the presenting sponsor of this year's competition.

With all the hoopla of National Signing Day behind us, I had a chance to catch up with, Burlington Township’s and 2017 Scarlet Knight Signee, Everett Wormley for an exclusive interview for all of our “On the Banks” fans to get to know Ev a little better. To see my scouting report on Wormley, simply click here.

During demonstrations at JFK Airport two weeks ago over President Donald Trump's travel ban, Uber's response was regarded by some to be more in league with the White House than with the protesters, and a #DeleteUber campaign went viral. In the aftermath, more than 200,000 customers shut down their accounts, The New York Times reported.

Artists still make movies. Consumers still watch them. But "in today's world, the technology has become one that has disenfranchised local merchants that delivered that content," said Marc Kalan, a marketing professor at Rutgers Business School.

An exceedingly helpful paper on the topic of this column (the merit of valuations-based market timing) was recently published by Valentin Dimitrov of Rutgers Business School and Prem C. Jain of the McDonough School of Business at Georgetown University. It is titled: Shiller’s CAPE: Market Timing and Risk.

"Women are more independent and have more buying power than ever before," says Kristina Durante, associate professor of marketing at Rutgers Business School. "We have more opportunities and are outpacing men when it comes to education."

SEMPO, the world's largest nonprofit organization serving the search and digital marketing industry and the marketing professionals engaged in it, announced today that Mike Moran, long-time search marketing author and consultant, has joined SEMPO’s Board of Directors.

The classes at the European Business School were challenging, but Rutgers Business School had prepared me to do well.

U.S. schools are rebuilding their strength in this ranking, with their number increasing to 51. Six of the eight new or returning schools are from the U.S.
Among these six US schools, Rutgers Business School in New Jersey is the highest new entrant at 70 (and No. 37 in the U.S.).

Customized Distribution Services (CDS), a national provider of third-party logistics and warehousing services, is pleased to announce the inaugural recipient of its Supply Chain Management Education Scholarship, Ms. Colleen Graner, an undergraduate senior student at Rutgers Business School.

Without minority entrepreneurs being able to access these resources, the technology ecosystem and the world as a whole will find itself lacking. "That means important, profitable businesses are not being launched and not growing to scale, and really that means that our world is losing out on innovations that we all want and we all want to promote and encourage," explained Professor Lyneir Richardson of Rutgers Business School’s Center for Urban Entrepreneurship and Economic Development (CUEED), speaking with TNS Associate Podcast Producer Kiran Oliver on the new episode of The New Stack Makers podcast.

President Donald Trump's moves on Monday to steer the nation on a more isolationist path could generate more jobs, but it also could lead to trade wars, cede world leadership to China, and spark higher consumer prices, experts said.

The Hahne & Co. building was rechristened as Newark's showplace with a ceremony marking the reopening of the site as a residential, retail and educational complex.

Newspaper media companies continue to have a brand crisis on their hands and seem to either be oblivious to the problem or lack the will to do something about it.

The Chinese are not thrilled about their entanglement with the U.S. economy, any more than Donald Trump is, but like a quarreling couple, the two nations have kept dancing together out of mutual self-interest, according to a U.S. expert: Farok Contractor,

The B-STAR program helps Rutgers Business School fulfill its commitment to excellence in diversity and inclusion.

By Lyneir Richardson, executive director, The Center for Urban Entrepreneurship and Economic Development, Rutgers Business School.
Technology accelerators provide entrepreneurs with access to seed capital, business relationships, guidance and office space. Over the last 18 months, three accelerators have opened in Newark with great fanfare.

"I work with African-American entrepreneurs each day who believe that they can create opportunity and generate profit. Words like hustle, ingenuity, faith, and luck almost always trump fear and pessimism," said Lyneir Richardson, the director of the Center for Urban Entrepreneurship and Economic Development, a research and practitioner-oriented center at Rutgers Business School.

"Most EMBA rankings use ranking techniques that are really extensions of those used for ranking traditional MBA and part-time MBA programs," offers Farrokh Langdana, Director of the Rutgers Executive MBA Program. "Ivy Exec has really broken free from this pack by emphasizing that Executive MBA rankings are in a whole separate category of their own."

"I think the casinos are going to diversify as far as the services they offer, and I think online gambling is just going to be one of them," Arthur Guarino says.

"For a Main Street investor you can't respond to the gyrations of the market," said John Longo, a professor of finance and economics at Rutgers Business School. "You're never going to be as quick as the experts. You've got to go back to the basics."

Whatever the size of your firm, whether you’re B2B or B2C, and regardless of the industry in which you operate, here are four must do’s that Lyneir Richardson, executive director of the Center for Urban Entrepreneurship and Economic Development at Rutgers Business School, says you need to launch if you’re aiming to increase profits and market share over the next 365 days:

James Abruzzo, a compensation consultant to nonprofits who cofounded the Institute for Ethical Leadership at Rutgers Business School, said that while Combined Jewish Philanthropies of Greater Boston's move is not routine, the Internal Revenue Service permits nonprofits to do a "look back" to determine if their executives have been underpaid, and to make up the possible difference.
"Any time you make a payment like that, you should be ready to explain it," he added, "but if the board followed the correct steps, even though it sounds juicy, I can't say there’s something wrong with it."

Corporate raider Carl Icahn is worth an estimated $16 billion and he's President-elect Donald Trump's surprising choice as adviser for regulatory reform, an unpaid position to end so-called strangling regulations.
John Longo is a Rutgers Business School professor and the chief investment officer and portfolio manager for Beacon Investment Advisory Services.

"The barring of any business is not great for long-term growth of New Jersey. Carl Icahn is there to advise the president-elect on what can be done to increase business in general, so if one person, even if he's an insignificant player, is impeded from doing business in New Jersey, the overall state might do well with the lesser regulation or more efficient regulations," he said.

"Kevin's far-reaching experience in the real estate field, knowledge of the industry and strategic thinking make him an ideal fit as the executive director of The Center for Real Estate," Morris A. Davis, the Paul V. Profeta chair and academic director of the Center for Real Estate at Rutgers Business School, said in a prepared statement.

Valeritas Holdings, Inc. (VLRX) announced today that Matthew Nguyen, PharmD, has been promoted to chief commercial officer (CCO) to lead the Company's efforts to accelerate adoption of the V-Go® Insulin Delivery device in the United States.
Dr. Nguyen earned a Bachelor of Science in Pharmacy and a Doctor of Pharmacy from the Philadelphia College of Pharmacy and Science. He also completed a fellowship in health economics and outcomes research in conjunction with Thomas Jefferson University Hospital and Janssen Pharmaceutica, Inc. and earned an MBA from Rutgers Business School.

"One thing I teach is when you’re on an interview, you want a person focusing on your eyes and your mouth. Not to be distracted by whatever adornment you have on your body," said Eugene Gentile, director of Undergraduate Career Management Office at Rutgers Business School in New Brunswick.

Many millennials simply want things removed or filled in because they are entering a new, more conservative phase of life. And well they should, says Eugene Gentile, director of the Undergraduate Career Management Office at Rutgers Business School in New Brunswick.

But what Fontes buys and why were the subjects of Rutgers Business School’s Kristina Durante's study — in conjunction with the University of Miami — recently published in the Journal of Marketing Research.

Durante said, "I noticed that sometimes when I myself was feeling stressed I would sometimes want to eat a tub of ice cream or go out and do retail therapy and spend my money. Other times when I was stressed I noticed that I couldn't eat, I didn't have an appetite and I just wanted to be isolated and conserve resources."

Stacy Smollin Schwartz, marketing department instructor at Rutgers Business School, says free social media marketing has created an echo chamber where consumers are only exposed to those brands with which they already interact. “Those brands need consistent interaction levels in order to stay consistent in the conversation with their existing followers,” she says. “In order to reach new consumers and ensure that current followers see their posts, marketers will need to supplement their presence with paid advertising.”

"Rahul has the ability to rally a team and find ways to help everybody who is on his team," says Alfred Blake, assistant director of undergraduate entrepreneurship programs in the business school's Center for Urban Entrepreneurship & Economic Development. "He is a true entrepreneur who can draw people in by helping them see the value in it for them."

The acquisition, completed this fall, gives RU-N a multimillion-dollar research center on the Hackensack River estuary along with a sizable research-grant portfolio. It also makes the school an important source of environmental data for state and federal agencies as MERI continues to advance critical scientific research in the Meadowlands region.

"Only when cyclically adjusted P/E (CAPE) is very high, say, CAPE is in the upper half of the tenth decile (CAPE higher than 27.6), future 10-year stock returns, on average, are lower than those on 10-year U.S. Treasurys," Valentin Dimitrov and Prem C. Jain wrote in paper titled "Shiller's CAPE: Market Timing and Risk" on Nov. 17.

"We see a tremendous need for supply-chain talent by employers," says Rudolf Leuschner, assistant professor and co-director of the online Master of Supply Chain Management program at Rutgers Business School in New Jersey. "They keep paying for students to come to our master's program. … I think there is a definite trend toward a specialized degree program such as Supply Chain Management. We haven't seen this type of growth in other programs."