MBA Student Activities
The MBA Student Association (MBASA)
The MBA Student Association is a student led body whose purpose is to
provide educational, social, and career advancement outlets for MBA students.
Its secondary function is to act as a social body formed by MBA students of all
levels and business faculty. The MBA Roundtable lectures are given by local
entrepreneurs, business people and faculty.
Study Abroad
MBA students have the opportunity to participate in MBA
Programs in Belgium, Netherlands, or France with students from around
the world. They are taking business courses and learning about European
culture.
The study abroad experience forever changes views about other cultures
and increases interest in working in a business environment that is
more diverse or global. The challenge of living abroad increases self
confidence.
Of his experience, Austin Hundley said, “It's refreshing. It renews you. It breaks
your routines and habits and forces you to change how you act, work, see things,
and live.” Justin Banks adds, “The
more cultures you're exposed to, the greater empathy and awareness you have to
other people and their needs."
TTU is a part of The Network of International Business Schools
(NIBS), a group of business schools from around the world that
have recognized that contemporary business education is incomplete
without a strong international component. NIBS consists of more
than 55 business schools from 18 countries. Members of NIBS allow
credit transfers, place a high value on collaboration, and encourage
participation in faculty and student exchanges, and joint teaching
and research programs.
TVA and Heidtke Investment Challenge Courses
In 1998, the Tennessee Valley Authority distributed
$100,000 each to 19 colleges and universities in its service area
to invest on behalf of TVA. In 2003 the portfolio was increased
to $500,000. TVA created the program from a trust fund that will
be needed in 20 years to start closing nuclear power plants. TVA
estimates the fund, now at $850 million, will need a 9 percent
annual growth rate to reach the needed $2 billion by 2017, when
TVA's first nuclear power plant is schedule to end its useful life.
During the first three years, Tech students had a total return
of 46 percent on investments, resulting in the second best three-year
total return of the 19 institutions. During the same three year
period, the S&P 500
index returned a negative three percent.
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| Bob Wood, Eric Davis
(TVA Investment Challenge Program Manager), Kim Greene (Chief
Financial Officer, TVA), John Hoskins (Treasurer, TVA), Deryl
Martin |
In 2003 Buzz Heidtke, president of Nashville's Heidtke & Co., made a $100,000 donation to the College of Business to be placed in a fund made up of small and microcap value stocks to be managed by a team of 10 – 15 undergraduate and graduate students. Heidtke donated the money because he takes an interest in helping young people learn to be effective money managers. The Heidtke portfolio differs from the TVA portfolio in that it is made up of microcap value stocks, which are companies valued at less than $200 million.
The Investment Challenge class is open to both undergraduate and graduate students
interested in portfolio management. Each student is put in charge of a sector
of stocks, allowing each to become an expert in 30-40 different stocks. Students
research big-name companies and little-known companies. The class is also an
exercise in collaboration where final investment decisions are made by consensus.
If a clear consensus on an investment selection isn't reached on a vote, students
shore up their choices with more research or make a new selection.
Associates in the BusinessMedia Center
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| Kevin Liska and the BusinessMedia Center staff |
The BusinessMedia Center, under the direction of Director Kevin
Liska (MBA '87) and the Distance MBA Operations Center under the
direction of Jessie Daniels, provide opportunities for students
to excel in using innovative business technologies to solve traditional
business challenges. Students become experts in the
use and development of multimedia technology. They conduct multimedia
and digital video training, develop web sites, and prepare promotional
CD-ROMs for counties, state and federal agencies for use in economic
development.
The BusinessMedia Center has created CD-ROM presentations to boost tourism and industry for about 25 Tennessee counties. The Distance MBA Operations Center creates the CD-ROMs used in Tennessee Tech's Distance MBA Program and the university's Admissions Office. In 2001, the Center was awarded the prestigious Academic Excellence and Quality Award from the Tennessee Board of Regents Committee on Academic Policies and Programs. The program was recognized for its leadership in combining technology, student involvement, community partnerships, and innovative educational approaches to impact economic development in Tennessee's rural counties. By working with the county governments and individual entrepreneurs in those counties, the BusinessMedia Center has been able to put emerging technologies at the disposal of rural counties and boost community economic development.
Mayberry Chair of Excellence Assistants
Each year a graduate assistant is selected to serve as Mayberry Chair of
Excellence Assistant. These graduate assistants serve on the Tennessee Quality
Award (TQA) Board of Examiners, prepare the Mayberry Newsletter, teach the
Tennessee Quality Award process to MBA and undergraduate classes, develop
and maintain web sites for the Mayberry Chair and the Tennessee Quality Award,
and organize the Mayberry Board meetings.
The mission of the W.E. Mayberry Chair of Excellence is to increase awareness and enhance the development of quality and quality-related practices in business and education on a local, state, and national level. This is achieved by conducting and disseminating research, implementing quality-related projects and activities, conducting workshops for practitioners, and instructing students in undergraduate and graduate classes. Dr. Curt W. Reimann , first director of the Malcolm Baldrige National Quality Award, serves as the chairholder.
Rural Economic Development Conference
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| Speaker at Rural Development Conference |
MBA students assist with the annual Rural Economic Development Conference. The state-wide conference is co-sponsored by Tennessee Tech University's College of Business Administration, the Tennessee Valley Authority, and USDA Rural Development. The conference provides a forum for sharing best practices in rural counties, and workshops are presented that detail techniques to enrich smaller communities as well as outline ways to run a better business, build a stronger community, and promote strong leadership. The conference is attended by approximately 500 federal, state and city officials, community leaders, consultants, and businesspeople.
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