The Bangor Daily News reported on the UMaine Business Challenge for the article, “UMaine competition seeks to create entrepreneurs and keep them in the state.” The competition was started in 2011 by a small group of 2010 UMaine graduates who wanted to give back to their alma mater while creating more opportunities for student entrepreneurs. Spencer Wood, last year’s second-place winner who is now a UMaine graduate student, and James Morin, one of the competition’s founders, were interviewed for the article.
Archive for the ‘Maine Business School’ Category
The Bangor Daily News wrote a piece about the all-time high undergraduate enrollment at the Maine Business School (MBS) at the University of Maine.
MBS Dean Ivan Manev says the school attracts students for a host of reasons. There are accessible faculty who are experts in their fields, a new concentration in entrepreneurship, high post-graduate job placement and a wealth of learning opportunities, including a student-run investment group, access to the Bloomberg Terminal and trips to the New York Stock Exchange.
“I was born in Maine, raised in Maine, educated in Maine and now I’m employed in Maine,” Bethany Mealey, ’09, of Farmingdale, Maine, said in the story. “I wanted to study business and the Maine Business School allowed me to do that,” said Mealey, who works at UNUM in Portland.
Read more here.
The University of Maine Office of International Programs announced winners of the Study Abroad Photo Contest. The contest is open to UMaine students who have studied abroad or are currently abroad and is usually offered every semester.
The contest started about eight years ago and for the past few years has been run on the UMaine Study Abroad Facebook page where anyone can view the photos and vote for their favorite image by “liking” it.
This year’s winners are:
First place: Katherine Silver (250 votes). Silver, an international affairs major, is currently studying at Bangor University in Wales on a direct exchange program. The photo of herself in the city of Pompeii with Mount Vesuvius in the background was taken while she was traveling in Italy.
Second place: Terri Bastarache (225 votes). Bastarache, a management major, spent a semester at the University College Cork in Ireland after winning the George J. Mitchell Peace Scholarship through the University of Maine System. Her photo was taken in Sevilla, Spain while she was skydiving during Easter break in March 2013.
Third place: Kimberly Dao (90 votes). Dao is a biology major, student in the Honors College, and the current student government president. Dao’s photo of herself riding a camel was taken during her summer study abroad program in Marrakech, Morocco.
The Office of International Programs awarded the winners with University Bookstore gift cards.
The winning photos can be seen online.
Undergraduate enrollment in the Maine Business School (MBS) at the University of Maine is at an all-time high of 947 students, an increase of nearly 21 percent from a year ago. And, at the same time the SAT scores of the incoming classes have consistently improved since 2009.
MBS Dean Ivan Manev says the 162-student increase reflects the quality of the school’s education and is the result of institutional recruitment and marketing efforts by MBS Associate Dean Stephanie Welcomer, student ambassadors and faculty.
The school’s enrollment jump aligns with Pathway 2 of UMaine President Paul Ferguson’s Blue Sky Project, which targets ensuring the university’s financial sustainability by attracting more students, particularly to signature programs, Manev says.
One big draw for the MBS includes the recently acquired Bloomberg Terminal, which affords students the ability to observe and analyze real-time financial market data and electronic trading. Students can learn important skills, including how to access global economic and security price information, as well as energy prices, interest rates, currency rates and supply chain analysis — advantageous skills for those seeking to land jobs in banking and marketing research.
Students also can glean valuable experience managing the Student Portfolio Investment Fund (SPIFFY), which is a part of the University of Maine Foundation’s endowment. More than 70 students actively participate in this group led by faculty adviser Professor Robert Strong. In October 2013, SPIFFY surpassed $2 million for the first time, says Manev.
And, through the IRS-sponsored Volunteer Income Tax Assistance (VITA) program, business student volunteers gain hands-on skills preparing tax returns while simultaneously providing a community service for students and low-income taxpayers.
This year, U.S. News & World Report cited the Maine Business School as one of the nation’s top 150 business undergraduate programs. The MBS offers a four-year undergraduate degree in business administration with majors in accounting, finance, management and marketing, and concentrations in entrepreneurship, international business, and management information systems. It also offers an MBA. The school’s mission is to prepare students for successful careers by challenging them to discover their potential, develop business skills, and act responsibly.
Contact: Beth Staples, 207.581.3777
The Free Press previewed the Nov. 7 William S. Cohen Lecture at the University of Maine. “The State of Our Nation: Hardball vs. Civility” will be the focus of the talk featuring former U.S. Sen. Alan Simpson of Wyoming, co-chair of the National Commission on Fiscal Responsibility and Reform. Former Secretary of Defense William Cohen will join Simpson in the discussion.
“The State of Our Nation: Hardball vs. Civility” will be the focus of the William S. Cohen Lecture at the University of Maine on Nov. 7 featuring former Wyoming Sen. Alan Simpson, co-chair of the National Commission on Fiscal Responsibility and Reform.
Simpson will be joined by former Secretary of Defense William Cohen in the discussion, moderated by alumnus Mark Woodward, former Bangor Daily News executive editor.
The 3 p.m. event in the Collins Center for the Arts is free and open to the public. Tickets are available on a first-come, first-served basis by calling the Collins Center for the Arts box office, 581.1755 or 1-800-MCA-TIXX. Box office hours are Monday-Friday, 9 a.m.-4 p.m.
The moderated discussion on hardball versus civility in Washington is the second time a question-and-answer-style discussion format has been featured in UMaine’s William S. Cohen Lecture Series, which began in 1998. Cohen, the Bangor native who represented Maine in Congress for 24 years before joining President Clinton’s cabinet, established the series when he donated a collection of papers chronicling his Congressional career to the university’s Fogler Library.
Taking the stage this year with Cohen will be Simpson, a U.S. senator from 1979-97. From 1985-95, he was assistant Republican leader. In his Congressional career, Simpson sponsored legislation that dealt with the establishment of federal standards for clean air and water, toxic waste cleanup, and nuclear regulation. He was active on issues regarding veterans, aging, the environment and immigration laws.
In 2006, Simpson was named to the 10-member Iraq Study Group, a Congressionally appointed panel co-chaired by Lee Hamilton and James Baker, charged with assessing the Iraq War and offering policy recommendations. In 2010, President Barack Obama appointed Simpson and Erskine Bowles to co-chair the 18-member National Commission on Fiscal Responsibility and Reform, commonly referred to as the Deficit Commission or Debt Panel.
Simpson will be the ninth Cohen Lecturer since the start of the series, established to bring to UMaine a distinguished speaker with informed perspectives on matters related to international policy and commerce. Cohen delivered the first lecture in the series in March 1998; Madeleine Albright, then Secretary of State, followed in 1999; retired U.S. Senator and former astronaut John Glenn, 2001, former Canadian Prime Minister Brian Mulroney, 2003; former CBS News correspondent Dan Rather, 2005; Washington Post journalist and author Bob Woodward, 2007; Attorney General Eric Holder, 2009; retired U.S. Marine Gen. James Jones, 2011.
The 2013 Cohen Lecture is a function of UMaine’s William S. Cohen Center for International Policy and Commerce, established in 1997. Cohen, who is a former UMaine business faculty member, donated his collection of papers to UMaine’s Fogler Library when the center was established. In January 2001, Cohen gave the papers from his tenure as Secretary of Defense to the university.
Contact: Margaret Nagle, 207.581.3745
The Portland Press Herald spoke with Susan Myrden, an assistant professor of marketing at the University of Maine, for an article about the increase in popularity of retail stores emailing receipts as opposed to giving paper ones. Myrden said pitching e-receipts could allow retailers to appear tech-savvy and “green” and could appeal to consumers as a convenience, making receipts easier to find. She also said it can be a quiet way for companies to get customers’ email addresses to contact them with offers.
John Mahon, a management professor and John M. Murphy Chair of International Business Policy and Strategy at the University of Maine, spoke with the Sun Journal about actor and Lewiston native Patrick Dempsey and his ability to raise funds for his charities in the area, including the Patrick Dempsey Center for Cancer Hope & Healing and the Dempsey Challenge race. Mahon said Dempsey’s personal connection to his cause — cancer awareness and research — and his continued involvement are worth a fortune.
John Mahon, a management professor and John M. Murphy Chair of International Business Policy and Strategy at the University of Maine, spoke with the Sun Journal for the article “Cumberland Farms invests millions in Maine stores, remodels.” Mahon said investing while your brand might be a little tired and while the economy is recovering makes sense so the business can be prepared when the economy does improve.