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UCA Economist Explains Federal Debt Ceiling in PBS Interview

In this issue of Arkansas Week, U.S. Rep. Steve Womack discusses the U.S. debt ceiling, and the impending deadline for raising it, after which Dr. Jeremy Horpedahl explains the economic impact it could pose. Click the image below to watch the interview:

Dr. Horpedahl serves the community by explaining complex economic issues that affect the average American. He also Associate Prof. of Economics at UCA and the Director of the Arkansas Center for Research in Economics. He received his PhD in economics from George Mason University in 2009, concentrating in public choice, public finance, and economic history. His research has been published in Econ Journal Watch, Constitutional Political Economy, the Atlantic Economic Journal, Public Choice, and Public Finance and Management. Dr. Horpedahl has also published op-eds in a variety of regional and national publications. Prior to taking on the role of Director, Dr. Horpedahl has been a researcher with ACRE since joining the UCA faculty in 2015.

Posted in: COB News, EFIRM on May 15, 2023

Delwin Portillo Shares Recent Study Abroad Experience

Related: Education Abroad Opportunities – Upcoming Deadlines

My semester abroad visiting The Hague, Netherlands was easily the most enriching semester of my undergrad. I learned so much about being a leader, diversity, self confidence, personal growth, and of course I learned a lot about business and marketing!

I was able to take a Purposeful Marketing course which had many different components to it. There was a leadership component, in which I learned different leadership skills and how to flesh out and improve these skills. There was a Project Management component where I learned how to use SCRUM Methodology in order to complete a project. And then the Marketing Component in which I worked with a real life charity in brainstorming a new marketing strategy for their upcoming projects.

Over the course of the semester I was able to travel to multiple countries and experience a variety of cultures. I was able to meet many people that I am now able to call mentors and friends. It is an experience that I will never take for granted, and I feel has given me a renewed appreciation for education and traveling. Thank you UCA for this fantastic opportunity.

  • Delwin Portillo | Senior | marketing major

Posted in: Accounting, CISA, COB News, EFIRM, Marketing & Management, _All Opportunities, _Study.Abroad on February 2, 2023 Tagged: , , ,

COB Students Awarded Scholarships from Participation in ACRE Reading Groups

Just before Thanksgiving, around 20 College of Business students were awarded scholarships from the Arkansas Center for Research in Economics for their weekly participation this semester in two reading group programs.

In “The Role of Government in a Free Society” group led by UCA Economics Professor, Dr. Collin Hodges, and Department Chair, Dr. Tom Snyder, ten participants read and discussed works by scholars such as Adam Smith, J.S. Mill, John Locke, and Karl Marx, as well as more contemporary works by Milton Friedman, Friedrich Hayek, Robert Nozick, and John Rawls to examine what a variety of economists, political philosophers, and public policy experts have contributed to this topic. The group also traveled to Dallas in September to participate in a group summit with other universities that completed the same readings. Students were awarded $500 on November 14 for their participation this semester.

A second reading group also met this semester and awarded $500 scholarships to students who participated in the philosophy and law reading group called “Landmark Supreme Court Cases” led by Business Law Professor Dr. Anthony McMullen and Philosophy Professor Dr. Jacob Held. Over the course of ten weeks, students in this reading group studied major Supreme Court opinions covering topics such as economic freedom, federalism, equal protection, privacy, and intellectual property rights. Working through these decisions helped students understand the rule of law, Constitutionalism, and the role the judicial branch plays in our government.

All students were required to gain acceptance into the program and actively participate in the program throughout the semester.

For questions about reading groups and the application process continuing reading, or contact Suzanne Massey at smassey@uca.edu.

Posted in: COB News, EFIRM, _Research, _Scholarships on November 29, 2022 Tagged: , , , , , , , , , , ,

Innovation Challenge 2 Winners Announced

Congratulations to our Imagine Lab Innovation Challenge 2 winners: Savannah Conly, Grayson Pinson, and Veronica Bertolusso!

The competition launched early this fall, and this time students were challenged to select a day in September and tell us how to celebrate it in a big way. Using tools found in the Imagine Lab (3rd Floor of UCA’s College of Business), the competition winners designed a big-time celebration that, at the least, brings people together.

Many thanks to Stoby’s, a long-time Arkansas favorite, for contributing to our prizes for our first place winners!

See Related Article: Innovation Challenge Series at UCA: First Winners Announced!

First Place: Savannah Conly – ($100 value prize) + Stoby’s prize

Cinema day is a day all about relaxation, connecting with your friends and family, and having fun. By making this a National Holiday, it brings people together and allows them to enjoy something together. It caters to all ages, it brings people together, and creates a new market for a different spin on gift giving.

Second Place: Grayson Pinson ($50 value prize)

The Birth Day is a day where we recognize everyone’s birthday on one day. It doesn’t replace your actual birthday; instead, it is a day that we can all come together to commonly celebrate one day that we all love. It solves all gift-giving problems related to birthdays. We now have one centralized day that gifts can be expected rather than having to decide who you will gift a gift to on their actual birthday. It is a day I would personally also love to celebrate- it sounds very fun for everyone to have a birthday at the same time.

Third Place: Veronica Bertolusso ($25 value prize)

My proposed day of celebration is the International Student Day! It would be celebrated yearly on September 28. ISD will allow international students (and not!) to get together and appreciate all cultures from around the globe. During ISD international students will celebrated together throughout one big cookout where everyone will make their most loved Home meal and will later be followed by a karaoke night with song in each home language. ISD is celebrated during the first two weeks of Hispanic Heritage Month. However, many cultures not only aren’t celebrated well enough, but some of them are still unknown! ISD would help solve this issue and expand cultural knowledge to international students and not! And who doesn’t love a good cookout and karaoke night!

Congratulations to these winners. Stay tuned for the announcement of our next challenge on Monday, October 10!

Posted in: Accounting, CISA, COB News, EFIRM, Marketing & Management, _All Opportunities, _Competition on October 7, 2022 Tagged: , , , ,

Innovation Challenge Series at UCA: First Winners Announced!

See related post: Innovation Challenge Series Released at UCA

The first two winners of our new and exciting innovation challenge are Connor Tuttle and Savannah Conly! The competition launched in the COB Imagine Lab last week challenging students to design a suitcase that accommodates clean clothes at the beginning of a trip and dirty clothes during and at the end of a trip. Using tools found in the Imagine Lab (3rd Floor of UCA’s College of Business), the competition winners designed a suitcase that overcomes this core challenge.

Best-upgraded design – $100 value prize: Connor Tuttle

Many thanks to Stoby’s, a long-time Arkansas favorite, for contributing to our prizes for our first place winners!

In his submission, Connor said:
“Imagine a for-the-most-part normal ole’ suitcase, with a golden twist addressing an issue that has been around for decades! The fundamental design premise behind this suitcase is that down the middle of the main compartment there is a stretchy nylon divider that allows for different proportions of clothes to be held on either side depending on how far along you are on your trip! The front-facing section of the suitcase has the typical small, medium, and large compartment. The back, however, is also accessible for dealing with dirty laundry. Taking up approximately half of the top portion of the back-facing side will be a zipper compartment housing all of the tools necessary to temporarily deal with dirty laundry while on the go. Within the flap in the back, there is a mesh-like pocket to slide dryer sheets that have been folded twice right into the space to serve as a form of temporary air freshening.”

Second Place Design – $50 value prize: Savannah Conly

Savannah branded her suitcase and described her design as, “a suitcase designed to help keep you organized, from the beginning to end of a trip. With the detachable laundry bag, clothes rack, and hard shell, it is easier than ever to Rome more organized than ever before. Not only does it offer a way to keep your clean and dirty clothes separate, it offers an at-home closet feel, and you lose no space to pack.“

Stay tuned. The first challenge was for students, but we will be engaging other friends on and off campus this semester. Get ready to compete! Teams are welcome. Email for questions or details. And if you plan to compete in the next challenge, request access to the Imagine Lab now!

Department of Marketing & Management: mktgmgmt@uca.edu

Posted in: Accounting, CISA, COB News, EFIRM, Marketing & Management, _All Opportunities, _Competition on September 21, 2022 Tagged: , , , , ,

COB Student Elected International Rep of International Professional Fraternity

Insurance and Risk Management student William Biernat has been selected as an International Representative for the Grand Chapter of Gamma Iota Sigma.

The organization shared on its social media platforms, “#GammaIS thrilled to congratulate William Biernat of the Alpha Psi Chapter at the University of Central Arkansas and Zane Smith of the Beta Xi Chapter at St. Mary’s University for being elected International Student Representatives for the 2022-2023 academic year.” [credit @GammaIotaSigma]

Biernat says he is proud and excited to have been chosen to serve in this new leadership role. He was chosen as the Outstanding GIS student for the College of Business at the conclusion of the 2021-2022 academic year.

“I am especially excited and grateful to announce that I have been chosen to serve as the International Student Representative for GIS for the upcoming year,” said Biernat. “I will serve alongside Zane S. as we will represent all 4000+ members and 99 collegiate chapters all across the nation. Can’t wait to get started!

With 97+ Chapters Nationwide with 4,000+ members organized to promote, encourage, and sustain student interest in insurance, risk management, and actuarial science as professions, Gamma Iota Sigma is an international professional fraternity that aims to encourage high moral and scholastic attainments and to facilitate the interaction and cooperation of educational institutions, industry, and professional organizations by fostering research, scholarship, and improved public relations.

Posted in: COB News, EFIRM, _Awards on August 16, 2022 Tagged: , , ,

The Best of College of Business: 2021-2022

The UCA College of Business delivers experiences that prepare and inspire students to be ethical, innovative and engaged business leaders who positively impact their communities. We are committed to a culture of excellence across all programs, activities, and events, with a focus on action-based learning and student success and retention.

Despite disruptions due to COVID during our last academic year, our students and alumni have overcome obstacles and risen as leaders. Several COB alumni were honored for their efforts in their communities and workplaces while our students volunteered at food pantries, prepared free tax returns for low-income Arkansans, and earned awards.

This annual review gives a brief look at this year’s student, alumni, and faculty success as well as evidence of our commitment to engaged learning.

If you have a story of success or accomplishment from 2021-2022 to add to this list, or anytime in the future, please send it to US.

Sincerely,
Michael Hargis
Dean, UCA College of Business

NEW & NOTEWORTHY

To address the changing business environment, COB expanded to add three new Applied Data Analytics programs:
– a Bachelor of Science
– a Master of Science
– and a technical certificate.

COB welcomed new Marketing & Management Department Chair, Dr. Tracy A. Suter, who began his role at the start of the spring semester.

Dr. Suter has taught and led at 5 institutions over the past 25 years; has authored many academic articles and textbooks and served in other administrative capacities; most extensive experience was as a 15-year faculty member at Oklahoma State University.

Learn more about his credentials, career, and interests.

COB Student Ambassadors engage, connect, and serve as representatives for our college. Twenty-one students took on the task of serving as COB’s first ever group of ambassadors.

They have talked with incoming students, received swag and headshots, and experienced unique development opportunities available only to ambassadors.

AWARDS & RECOGNITION

Economics student Caleb Vines won the Student Research Award at the 2022 Society of Business, Industry, and Economics (SOBIE) conference.

Several other COB faculty and students across all disciplines also presented papers at the SOBIE and International Academy of Business Disciplines (IABD) conferences this spring.  MORE

COB named its Outstanding Students who were chosen because they combined exemplary academic performance with internships, volunteerism, professional development, experiential education, and participation in clubs and other important experiences.

Daisy Martinez Carranza took home the top honor of COB’s 2022 Outstanding Student. READ MORE

UCA’s Master of Business Administration (MBA) program was named to the Princeton Review’s 2022 Best Online MBA Programs and University HQ’s Best Arkansas MBA Programs list.

Associate Professor of economics and ACRE Scholar Jeremy Horpedahl received the Public Choice’s Duncan Black Prize for the best article contributed by a senior scholar.

Karen Shaw, a member of the COB Board of Advisors, was named 2021 CFO of the Year by Arkansas Business.

Shaw was a leader even during her UCA days, as a charter member of Beta Alpha Psi, but her leadership development didn’t stop there. Learn more about Karen’s leadership as a business and community leader.

Several COB alumni, including Joyti Lal (pictured), Ericka Gutierrez, and Scott Dews were named as rising business and community leaders by Arkansas Business.

Three teams representing UCA’s MBA program placed among the top 100 performers in a worldwide business simulation competition called GLO-BUS. Nearly 2,000 teams from 99 colleges and universities competed.

Congratulations to COB’s Theta Lambda Chapter who earned first place at the 2022 Beta Alpha Psi regional conference competitions in the category of Best Practices in the Art of Engagement and will compete at the conference in Orlando this summer. The chapter also earned a second-place win for Best Practices. MORE

In addition, UCA’s chapter of Beta Alpha Psi achieved superior status for 2021-2022 from the national chapter. To be a superior chapter, the registered student organization met the following requirements:

  • Average member completed at least 32 hours of service and professional development (at least 12 each)
    >265 hours of professional development
    >555 hours of service
  • Chapter completed at least 8 reaching-out activities including attending conferences; competing in best practices and project run-with-it; alumni activities’ multi-chapter events; and promoting careers in accounting, finance, information systems, and/or data analytics.

Congratulations to our Beta Alpha Psi students and to Connie McKnight and Ashley Phillips, our tireless faculty advisors, for another year of superior status!

CAREER DEVELOPMENT & SERVICE LEARNING

More than 65 volunteers and students from UCA’s Biz@Bear Residential College collected over $1650 worth of personal care donations for children in Arkansas foster care.

This event ended an academic year with more than 1800 student engagement hours led by Academic Director, Dr. Louisa Moseley; over 200 of those were service hours. MORE

Accounting Professor Ashley Phillips was awarded the Peter J. Mehl Service-Learning Faculty of the Year Award for her work with the Volunteer Income Tax Assistance (VITA) program. Under her leadership, students volunteered approximately 420 hours to return more than $324,000 of taxpayer money to the community through the preparation of over 250 tax returns for low-income taxpayers in the region.

Sixteen business professionals connected with COB students at the annual Women in Business Sixteen business professionals connected with COB students at the annual Women in Business luncheon for which a panel and table leaders shared the “Top 5 Things Women in Business Need to Know.”

 Beta Alpha Psi hosted a COB Escape Room of intricate puzzles for students to solve. To “escape,” participants applied tips for create an effective resume. READ MORE

In ’21 & ’22, COB and Acxiom partnered to provide a four-day Information Technology (IT) Careers Camp for high school students.

During the camp, students stayed on UCA’s campus, were mentored by industry experts, and participated in exercises in programming, cybersecurity, robotics, 3D modeling, and 3D laser printing.

Congratulations to all of our graduates in 2021-2022!

If you have a story of success or accomplishment from 2021-2022 to add to this list, please send it to the UCA College of Business.

For year-round news and updates from the UCA College of Business, make sure to visit uca.edu/business/news.

Posted in: Accounting, CISA, COB News, EFIRM, Marketing & Management on June 14, 2022 Tagged: , , , , , , , , , , , ,

Risk Manager on Campus Program Welcomes Mr. Lance Ewing

On March 14, the UCA Center for Insurance and Risk Management welcomed Risk Manager on Campus, Mr. Lance Ewing, by giving him a very busy schedule. Mr. Ewing is here to share his experience from years in the industry with industry professionals and UCA students about existing risks, emerging risks, safety and motor carrier policies, employee benefits, and corporate risk management. Before he leaves on Tuesday, he will have spoken to five classes, one student organization, at a luncheon and to a dinner party.
Mr. Ewing has extensive experience in the field of risk management and insurance. He currently serves as the VP of Enterprise Risk Management and Operations for the San Manuel Band of Mission Indians. Previously Lance was EVP of Global Risk Management for Cotton Holdings and, prior to that, VP and Industry Practice Group Leader at AIG.

[Read more…]

Posted in: COB News, EFIRM, _Events, _Speaker on March 15, 2022 Tagged: ,

Student Profile: Joshua Adesina

Joshua Adesina

Majoring in Finance & minoring in Data Analytics

Expected Graduation: 05/2022

Involved in: Accounting club, African Students Association, Team Global

What drew you to business? When and how did you know that an education in business is the right fit for you?

I will say I was drawn to this role because of a couple of factors, one of which is growing up with people in the business industry. My parents are in accounting & finance, so that environment made finance not as hard for me. I also have always enjoyed understanding financial concepts and analyzing business processes, especially looking at the big picture of services a company provides to bring in more revenue. Knowing how business processes are done is important, but what is more important is knowing why the business processes are done that way. And given the way I think about money, I didn’t second guess getting a financial analyst role. I had to improve on a couple of things to get the position, and it has been worth it so far. The plan is to hopefully get a consulting role later in the future to help improve the services companies provide. The minor improved my technical computer skills making me proficient in software and programs job seekers are now after.

What have you found useful in the College of Business and why?  [Read more…]

Posted in: CISA, COB News, EFIRM on March 9, 2022