Posted by
Jaime
Life is going 100 mph!
Now that Spring Break is gone, end of semester is just around the corner. I am sure that all of you are trying to wrap up projects and midterms by now. It is a constant adrenaline rush, at least it is for me now a days. Nonetheless, I am pretty excited about it. A totally new chapter in my life is about to start and can’t wait for it. At the same time, I will for sure miss school—maybe not the first few months, but at one point I will miss it, no doubt about it.
My godchild is now almost six months old and he is starting to touch and look at everything. Even his life seems to be going at 100 mph! Work has been going great, too. There are so many things going on worldwide, that one must be on top of things to really know what is and what is not good for the business. And really, now a days everything is global and one must really be aware of it. A currency change in some country in Asia can have an impact in our economy- everything is so connected! That is something that Kelley made sure I learned.
In the midst of everything, I am planning a graduation party. I am not very good at it, so any advice is welcomed. Well, until next time study REALLY hard, party some and be safe.
12:55 PM
Add Comment (0)Posted by
Peter
The canal seems to make people happy. I hardly ever see people on the canal without a smile on their face. The daylight savings time change seems to have gone well for most people and I feel that it really is beneficial to have the extra sunlight at the end of the day rather than the early morning hours.
The NCAA basketball tournament is winding down to the Final Four teams today. My favorite team North Carolina is still in it and they still have a great chance to win it all. I am upset though because I wanted to witness all the number one seeds in the final four. Did you know that there has never been a tournament where all the number one seeds made it to the final four?
I am still on the internship hunt. It seems to be going rather well right now I have interviewed with two companies thus far and they both seem like amazing places to work. I still have one more interview, and then I will keep my fingers crossed and hope that one of them pulls through. I have enjoyed my hunt. I really enjoy interviews they give me a rush. I enjoy the feeling of not knowing what to expect and trying to react to every situation.
Posted by
Professor Carow
New Major!
It’s been a long process, but I’m proud to announce that we have a new Supply Chain Management (SCM) Major that will be available to our Kelley students starting this Fall, 2007.
Ever wonder what it takes to create a new major? There are a series of steps that must be covered. In submitting a proposal for a new major we have to show that students are interested in the new major, that there are job opportunities for students taking the new major, that we have the faculty and staff to cover the additional courses for the new major, that the new major will attract students to IUPUI and enhance the reputation of the Kelley School of Business. It is no small feat pulling together all of this information.
Here are just a few highlights of the process that I think you will find interesting.
Student Input:
First, student demand was estimated by evaluating our senior exit surveys. The number one requested new major from our graduating students was supply chain management and operations (both of which this new major should satisfy). Second was discussion with our advisors to confirm that students frequently ask about supply chain management or operations. Next was consultation with Tim Bennett, from our placement center, to determine whether employers were interested in this new major. The answer, currently some of our best paid students are taking positions in the supply chain management area and employers are interested in more students in this area.
Process:
When you consider the process of passing a new major, you get a much better understanding of the interaction between the Bloomington and Indianapolis campuses. The process started with a curriculum proposal from our operations and supply chain management faculty. At the undergraduate policy committee meeting, several amendments were made to the proposal before passing the SCM major (first level). Then the SCM proposal was taken to the Indianapolis faculty department. After a few more amendments to improve the process, the SCM major passed its second level. From here, it travels to Academic Council which is a group of faculty from the Kelley School on both the Bloomington and Indianapolis campuses. The proposal passed this group without any additional changes (third level). The proposal then goes before the entire Kelley faculty (on both the Bloomington and Indianapolis campus), for the fifth level. We’re not quite finished, once it passed the Kelley faculty, the proposal went the campus level. The Academic Policy and Procedures Committee on the IUPUI campus approved our proposal (sixth level) and the Dean of Faculties stamp of approval (seventh level) was also needed.
Now the real challenge:
Get the word out! We have a great new major for Kelley students to consider. If you are interested in the Supply Chain Management or Operations area, contact an advisor and see what opportunities exist for you.
Below is just a small except from our proposal. I presume you do not really want to read the full 24-page document
Why the Major is Needed
Today, the global business environment is characterized by unprecedented competitive pressures and sophisticated customers that demand innovative and speedy solutions. Understanding and optimizing business processes is a cornerstone of success in these fast-changing environments. The ever-increasing expectations of consumers to have lower costs, quicker service, and better products while operating globally has brought the area of Supply Chain Management (SCM) to the forefront of business prominence and practice. Prior to this revolution, companies concentrated on internal improvements to improve productivity, with less emphasis on the connections between companies. Part of this internal focus was due to the lack of information exchange between companies, but with the advent of Enterprise Resource Planning systems and web-based information tools, companies around the world are taking advantage of the information age to radically alter how they conduct business. For example, IT has been used to automate existing business processes like the release and tracking of orders through the supply chain, all the way from suppliers to manufacturers to customers and back in the other direction. Wal-Mart is an excellent example of this development.
Globalization has further changed the nature of where companies sell their products – and where they source their components for various products. Even labor resources are being sourced all over the world for many service-oriented businesses, and at levels other than entry. This latter point is well illustrated in the opening chapter of The World is Flat, by Tom Friedman. Certainly the development of both China and India has played a big part in this change. All of this has focused management on the need to have supply lines coming from the best sources of all inputs (people, materials, information) all the way through to the customer, no matter where they are in the world. Thus, it is no surprise that there is a need to focus on efficient and effective Supply Chains in order to obtain a competitive advantage.
As a result of these developments, we are witnessing a major revolution in supply chain management. Corporations around the world are using supply chains to effectively compete in the global marketplace. This proliferation in SCM not only challenges those in business who practice and provide solutions but also scholars who seek to understand and educate the next generation of practitioners, business leaders and policy makers. One challenge for educational institutions is to anticipate the increasing demand for supply chain professionals. Companies around the world will increasingly look to institutions of higher education to fill this demand.
The comments from our interviews with local companies are very consistent with Tom Friedman’s observations in The World Is Flat (The World Is Flat, by Thomas L. Friedman, first updated and expanded edition c. 2006, pp. 276-282).
“…What do we tell our kids?
My simple answer is this: There will be plenty of good jobs out there in the flat world for people with the right knowledge, skills, ideas, and self-motivation to seize them. … I went to successful flat-world companies around America and asked a simple question: “Obviously you have a lot of good middle-class jobs here. Who works here and what sorts of things do they do?” … To put it another way, here is what the “Help Wanted” ads look like in the flat world. … Clearly, a lot of new middle jobs will involve collaborating with others or orchestrating collaboration within and between companies, especially those employing diverse workforces from around the world. So as more and more companies start out, from day one, as global companies with global supply chains, a key new middle job will be that of the manager who can work in and orchestrate 24/7/7 supply chains—which are supply chains that run twenty-four hours a day, seven days a week, across seven continents."
Posted by
Casey
I'm thinking the reason I have such issues with registering for classes is because I can't just register for classes without going through this whole long process of analyzing my future plans and then obsessing over it for the next 3 weeks. (Wow--that was a really long sentence). But, seriously, I dread the word "registration" for that reason. I don't want to have to think of my future AGAIN... and so soon, too!
The whole process just opens up a bunch of questions... Should I try to graduate earlier and take classes this summer,or try to do an internship, or maybe take a semester off, should I change my major, should I double major or maybe minor in something??? So many questions!
And then there's the whole mess with picking times. Okay--seriously-- I am a freak when it comes to scheduling things. I like for every minute (almost) to be accounted for. So that takes a lot of planning, as well. I think I probably have a much more difficult time with registering for classes than the average student. Oh well--only a few more semesters left... I think???
Posted by
Deb
I actually had a vacation during spring break. Most of the time I work through the week because I have so much to do for Commencement. This year I wanted to get away. I was tired of the cold. I was tired of the dreary weather. Face it, I was tired of work!
My daughter and I went to Las Vegas. It was the first time either of us had ever been there. It was wonderful! The sun was so bright and it was WARM!!! That made me very happy.
We did a lot of walking. We went from one end of the strip to the other. We went from casino to casino checking out the décor of each hotel...and the slot machines. Hey, we had to rest from walking so much.
We had good food, too. We went to the Nine Fine Irishmen in the New York, New York. It wasn’t cheap, but sure tasted like I think food from Ireland should taste.
Most of all, we relaxed. We weren’t at home or at work. All those worries were back here in Indy. It just felt good.
Then it was time to come back. I had to face over 200 e-mails and all the stuff I didn’t get done before I left. It was still here, but I had the energy to tackle it all head on. I am still doing some catch up, but it is almost done.
I hope you all used your spring break to rest, relax and came back to school ready to finish the semester. The break is there to refocus so you can be ready for the last few weeks. I hope you came back a new person as I did.
That is it for this message. I’ll be back in two weeks!!
By the way...did you seniors get your cap and gown ordered? I got all the faculty done on Friday!!
Posted by
Jennifer
Hello everyone!
I am a freshman here at IUPUI and am a returning student. I graduated from a high school right here in the city in 1998. I enrolled here at IUPUI in the fall of 1999. I quit after a year, but now I'm back after working in the "real world". The "real world" made me realize that if I did not finish my college education that it was going to be hard to get that promotion. I call this period my "School of Hard Knocks" and learned a lot in my 6 years away from school.
I will be sharing tons of tips and things to do to get involved on campus. I have much respect for this school and all it has to offer, including the wonderful people who have helped me get back in the swing of things around here. My first year coming back has been wonderful and I have learned so much. I hope I can reach out and help people, even if it's only one person at a time.
So, if you have any questions, post me a comment. If I can't help you out, then I will find someone who can. That's a promise.
Take care of yourself and each other!
Posted by
Peter
Posted by
Casey
Okay, so I guess what I want to talk about is getting involved on campus. I've been going here for 4 semesters now and this is the first semester that I've actually gotten involved with anything. I used to just drive to school. walk to class--not really making eye contact w/ anyone... get to class, right on the dot--not the 15 min. of just waiting in class--but yeah, right at the start of class...not talk to anyone during class-- and then walk to my car (again-- not really talking to anyone) and then drive home. I don't know-- I think I just figured--what's the point of talking to anyone since most likely they don't live anywhere near me and it's not like we're on a "real" campus and we'll actually get some time to hang out--cuz we all know.. i work. they work. there's really just no time for friends.
But now-- I'm in my last year of classes--so basically everyone in my classes I see over and over again throughout the week since we're all in the same classes. And so it's easier to talk to people since I know that I will at least see them again through the week--but it's still the same--we don't really hang out outside of class.
BUT--- this semester I decided to pledge Delta Sigma Pi. This is the best thing that has happened to me since I've been here. I've been pledging since February and I've already made so many good friends. We are always hanging out throughout the week and on the weekends. I know that I can call any of these new friends and they would be there for me no matter what. It's a complete change to be able to walk down the hallways and actually be able to hold a conversation with someone...instead of the just awkward "hey" or "how are you"... it's more of a "hey--how did your interview go this week?" Or... "hey--what do you guys want to do this weekend?"
Also, I work in the office of the new Executive Vice Chancellor and I know that he has some really awesome plans for the campus too. He realizes that the students are unhappy with the food, housing, and parking options. So, really-- I'm excited to see what good things are in IUPUI's future!! And I'm excited to see how the new student center turns out, too! I can actually say that I'm proud to go to school and work on the IUPUI campus.
So, I would encourage anyone who is now in the shoes that I used to be in, where it's a lonely and boring campus, to get involved!!! It so does NOT have to be lonely. Just get involved with some sort of group--anything at all-- make a few friends and see how fun going to IUPUI can really be! I know that it really has made a difference in my attitude of school. I used to go to class or walk down the halls and think, "wow, i only recognize like 3 or 4 people" but now... I can honestly say that I can't walk down the halls or go to a class anymore without knowing someone! It's a great feeling. :)
Posted by
Professor Carow
Kelley Blog
March 8, 2007
In this blog, I thought I’d tell you a bit about myself.
Who am I? Have you ever asked yourself this question?
Most of us answer with the normal discussion of who we are around or what we do, but down deeper, it is really how do you view the world?
I’ll start our with the basics,
What do I do at Kelley?
I am an Associate Professor of Finance. I teach F301 Financial Management in the Undergraduate Program, F520 Asset Valuation and Strategy in the evening MBA program, and C540 Financial Management in our Kelley Direct MBA program. I am also Chair of the Undergraduate Program, which means that I head a committee that looks at the curriculum for our Undergraduate Programs. This covers the Bachelor of Science in Business, the Minor in Business, and the Certificate in Business. I also conduct research in finance, with a special interest in financial institutions, like banks and insurance companies. Fro a copy of my resume, also referred to as a vita in the academic community, visit http://kelley.iupui.edu/default.cfm?ID=335&netid=kcarow
Who’s around me:
I’m married with three children. My wife will tell you that her claim to fame is being from Iowa. She loves helping out in the community as a volunteer. This summer my wife and daughter were part of a mission trip in Guatemala where they helped with a Vacation Bible Class. Next summer they will be heading to El Salvador for a dental and medical mission. My daughter, Amelia, will celebrate her 16th birthday this month. My sons are Aaron and Joshua. When you view their picture, you’ll think you’re seeing double. They are both 14 years old.
Where am I from?
I consider myself a Midwesterner, having lived in Wisconsin, Missouri, Oklahoma, and Indiana. I grew up in Appleton, Wisconsin; for my senior year of high school, I moved to St. Louis, Missouri. I got my undergraduate degree at Truman State University in northeast Missouri, received a Ph.D. in Finance at Purdue University, worked at the University of Tulsa for four years and joined the Kelley School of Business in 1997.
What do I like to do?
Our favorite family sport is soccer. I’ll be organizing a spring soccer league in a couple of weeks. Our family also loves camping and hiking. This past summer we camped traveled out West, visiting Denver, Colorado Springs and the Garden of the Gods, The Tetons, Yellowstone, Glacier National Park, and Roosevelt National Park. What glorious sites! We had a great time white water rafting, canoeing, mountain biking, hiking, and swimming. I love traveling and seeing the sites.
Work is a great part of my life. My wife will say I bring it home too often, but for me my work is also part of my hobby. Over the years, I’ve taught courses in corporate finance, capital markets, financial institutions, working capital, and real estate. My primary research interest is in the deregulation of financial service companies. I am currently writing papers on the impact of financial deregulation on bank customers, the initial public offering of mutual companies seeking to demutualize, and a relatively new corporate form called a mutual holding company.
What’s my philosophy?
Hard work is rewarded. My father emphasized this from a very young age. Put in the effort and great things will happen. They don’t always happen as quickly as we think they should, but be assured persistence and hard work pay off.
Try something new. I relearned this as I lead my boys in Cub Scouts. Don’t expect to be the best at everything, but give it a try. Try new things. The universe is large and ever expanding, giving people the ability to grow beyond anything that we have yet imagined. These are the innovations of the future. Ask your grandparents. Did they ever imagine as a child all the amazing innovations that we have today? My children can hardly contemplate a world without computers.
Help others. Life is not about the toys you accumulate or where you go, but who you meet and how you impact the lives of others. Volunteerism is an important part of life. Giving to your community and church will return much more than you can ever imagine.
I hope that we all “Live Long and Prosper”!
Posted by
JR
While it may be true that universities don’t pay the best, they certainly encourage and support your professional development I am currently a member of at least five career services-related professional association and others outside of, but related to, the field
Check out this list of acronyms:
NACE – National Association of Colleges and Employers
MwACE – Midwest Association of Colleges and Employers
CDPI – Career Development Professionals of Indiana University
ICICE – Indiana Council of Internships of Cooperative Education
MCEIA – Midwest Cooperative Education and Internship Association
ChamberAction (not really an acronym, I know) – Volunteer arm of the Greater Indianapolis Chamber of Commerce
Why do I belong to so many organizations? To keep up with the newest trends and advancement in delivering career services to college students – so that the CPO can deliver the high level of careers services that you expect (and deserve).
So what the topic du-jour among career service professions? It’s the impact of Google and social networking sites (MySpace, Facebook, LinkedIn, etc.), on the job search.Do employers Google candidates – Yes. Do they search profiles on MySpace and Facebook – Sometimes. In a New York Times article over the summer a marketing manager at Microsoft said of researching candidates through social networking sites, “It’s becoming very much a common tool. For the first time ever, you suddenly have very public information about almost any candidate.”
What does this mean to you as a potential candidate? It simply means that you should be conscious of your internet presence. One step is to remove anything that may be construed as a negative by a potential employer. If you have inappropriate photos or references to questionable behavior, you should probably remove them. You also elect to set you privacy setting to the highest levels (though this is not fool-proof). Think about all of the illegal topics for an employer to bring up in an interview or when considering whether or not to interview a candidate:
- age
- arrest record
- children
- citizenship
- financial status
- disabilities
- marital status
- race/color/national origin
- religion
- sexual orientation
- and the list continues…..
If this information is out on the web, suddenly it is public info. A company cannot technically use this information in their decision-making – but who’s to say they won’t?
A more positive way for you to look at this trend is to view it as an opportunity to begin building a positive internet presence on the web. If you are involved with an organization, get your name on its website. Let those of us at Kelley know what you are doing and we can profile you on the Kelley website. Start a blog and write about what you are doing, your career goals, etc. Or start a website of your own, even a bare bones one. You should at least consider reserving your name through a service such as GoDaddy.com (I reserved my own name a few years ago – though the page is still ‘under construction’).
Posted by
Deb
Yep. I can’t believe it, but it is time to get things ready for Commencement. It is May 13th this year. Of course, it is Mother’s Day, same as it has been the past 20 years. OK, maybe one time it was not Mother’s Day, but what is one out of 20?
What do I do to get ready for Commencement, you ask. LOTS of fun stuff. I will just give you the highlights.
I pull records to make sure everyone is entered into the system as a December 2006 graduate or a tentative May or tentative August graduate. If they aren’t in the system, they don’t get any information about ordering cap and gown, announcements, rings, when it is, what Kelley is going to do, or anything else. This is why I am after students to get their Intent to Graduate submitted so far in advance before they actually finish their degree.
Then, I have to find out who looks like they might graduate with honors for May and August. This can be very tricky as it is based on Fall’s grades. Who knows what may happen in the spring or summer? That is why they are Tentative Graduates and Tentative Honors for May and August. December graduates are official. After I figure out who is in the top 10% of their graduating class, I notify them that they might receive honors, and that they get to wear honor cords at Commencement. This is LOTS of fun. Some of them are SO excited to find out they are getting honors.
Next, I have to go through the Commencement Program graduate list. I have to make sure everyone is on the list and that their major is right. This is for the BIG IUPUI Commencement ceremony. Every school has all of the graduates listed in the program. I have a very short turn around to get it done this year as I am going on vacation next week (Spring Break) and have to get it done before I leave.
I also have to invite the eligible students to become members of Beta Gamma Sigma. This is the business honor fraternity. Only the top 5% of Juniors and top 10% of Seniors are eligible. This is my first year of actually sending out the packets and entering them into the BGS database. Someone else has always done it before, but she retired and now I get to do it. I love learning new things.
There are lots of other little things to keep me busy, too. However, they aren’t as fun to do or discuss.
Hey, if you are graduating, don’t forget to order your cap and gown before March 23rd. You don’t want to pay extra fees. I have to make sure I get the faculty apparel ordered before then, too. Let’s see who gets it done first!!
Posted by
Jaime
