Robert H. Smith School of Business - University of Maryland, College Park

Smith School In the News - 2004

The extraordinary technological developments of the last decade have spawned new economic rules. Fueled by worldwide information networks, business is being transformed in every market, every industry, and every nation. The Robert H. Smith School of Business is the best source for experts on this exciting and ever-changing digital economy. See below for media highlights from the year 2004. For more information about the Smith School, please contact the Office of Marketing Communications at info@rhsmith.umd.edu or 301.405.9466.

January 2004

New York Times - January 31, 2004 - An article on Southwest Airlines' entrance into the Northeast U.S. market quoted Roland Rust, chair of the Smith School marketing department. (read more...)

Financial Times - January 26, 2003 - The Smith School's MBA program was ranked #18 in the U.S. and #27 worldwide in the Financial Times MBA 2004 issue. The issue included a feature article about the Smith School and reported that "An extraordinary appetite for innovation characterizes the school, be it in course construction, career development or technology." The article quoted or otherwise referenced Dean Howard Frank; Associate Dean for Masters Programs and Career Management Cherie Scricca; director of the school's Dingman Center for Entrepreneurship, Don Spero; Managing Director for Career Management Janet Richert; and Associate Dean for Executive Education and Marketing Communications Scott Koerwer. (read more...)

Chicago Sun-Times - January 26, 2004 - An article on female executives succeeding in male-dominated businesses quoted Robin Gerber, Smith School senior fellow. (read more...)

Washington Post - January 15, 2004 -An article noted that Lawrence A. Gordon, the Ernst & Young Alumni Professor of Managerial Accounting and Information Assurance and director of the doctoral program at the Smith School, was named in the top one percent of authors in the field of accounting in the 2003 edition of "Advances in Accounting" (35th overall). The study reviewed publication records of 4890 accounting researchers from 1967 to 2001 in the field's top 40 journals. (read more...)

The (Baltimore) Sun - January 14, 2004 - Meg VanDeWeghe, executive-in-residence professor of finance, was quoted in an article on SEC actions regarding the mutual fund industry.

Los Angeles Times - January 10, 2004 - Peter Morici, professor of international business, was quoted in an article on a U.S. government agency probe into allegations of dumping in U.S. furniture markets.

The Boston Globe - January 10, 2004 - An article on recently released economic data quoted Peter Morici, professor of international business.

New York Times - January 8, 2004 - Roland Rust, marketing department chair, was quoted in an article on low-cost airlines. The article also ran in the International Herald Tribune and The Straits Times (Asia).

Dow Jones Capital Markets Report - January 7, 2004 - Peter Morici, professor of international business, was quoted in an article on currency fluctuations in the dollar.

Associated Press - January 5, 2004 - An article on Kmart quoted Janet Wagner, associate chair of marketing. The article also appeared in the Ann Arbor News.

Washingtonian - January 2004 - An article comparing the University of Maryland with the University of Virginia quoted Dean Howard Frank. The article credits Dean Frank with the progress in the Smith School, stating, "Once upon a time, this (comparison of the two business schools) would have been no contest. But under Howard Frank, the aggressive dean of Maryland's Robert H. Smith School of Business, College Park has leaped forward."

February 2004

Forbes.com - February 29, 2004 - Tim Pollock, professor of management and organization, was quoted in an article on the type and quality of companies going public this year. The article was also published by Reuters, MSN Money and The Moscow Times. read more

The Washington Post - February 19, 2004 - An article profiled the Smith School's New Markets Growth Fund and quoted director Mark Grovic and fund associates and MBA students, Ethan Foxman and Jeff Schollaert. read more

MSN Money - February 10, 2004 - An article on proposed SEC reforms in the mutual fund industry quoted John Haslem, emeritus professor of finance. read more

U.S. News & World Report - February 9, 2004 - An article on U.S. dependence on foreign energy, capital and labor quoted Peter Morici, professor of international business.

Business Week Online - February 3, 2004 - An article on MBA internships mentions the Smith School as one of Black & Decker's select schools for recruiting MBA interns. read more

March 2004

Information Week - March 29, 2004 - A by-lined article by Martin Loeb, Professor of Managerial Accounting and Information Assurance, highlighted Smith school research that showed information security failures have direct and indirect costs, and the real financial damage as a result of cyber security breaches comes from indirect costs. read more

USA Today - March 26, 2004 - Peter Morici, professor of international business, was quoted in an article on the European Commission sanctions on Microsoft. read more

The Wall Street Journal - March 10, 2004 - An article on the impact of industrial consumer demand on gas prices included quotes from Peter Morici, professor of international business.

Bloomberg News - March 8, 2004 - An article on business ethics quoted Stephen Loeb, professor of accounting and business ethics, and founder of the Smith School's unique ethics program in which MBA students visit a federal prison to meet with white-collar criminals.

Time - March 8, 2004 - Professor of Entrepreneurship David Kirsch was quoted in an article on StubHub.com, an online market for event tickets. ... read more

Marketplace (Public Radio) - March 3, 2004 - A segment on election year politics and foreign policy featured comments from Peter Morici, professor of international business listen

April 2004

Los Angeles Times - April 27, 2004 - An article about presidential candidate John Kerry's position on trade policies quoted Peter Morici, professor of international business.

The (Baltimore) Sun - April 14, 2004 - The school's unique partnership with executive search firm Stanton Chase International was profiled. The article included quotes from MBA student Randy Daems and the Managing Director of the Office of Career Management, Janet Richert.

U.S.News & World Report - April 12, 2004 - The school was ranked #33 overall in the magazine's annual rankings of "America's Best Business Schools." The school also earned top specialty rankings read more

The Wall Street Journal - April 8, 2004 - An article on the weakening U.S. dollar quoted Peter Morici, professor of international business.

The Moscow Times - April 8, 2004 - An article profiled Smith School MBA alumnus Steven Brown, who is now running a tortilla factory in Russia. ... read more

Bloomberg News - April 7, 2004 - An article about U.S. trade policy and steel tariffs included comments from Peter Morici, professor of international business read more

MSNBC.com - April 3, 2004 - An article about the mistrial in the case against Tyco International's former top executives included quotes from Stephen Loeb, professor of accounting and business ethics. ... read more

NPR's All Things Considered - April 1, 2004 - A report about the economy and the job market included comments from Peter Morici, professor of international business.

Network Computing - April 1, 2004 - The magazine published articles authored by Lawrence Gordon and Martin Loeb, professors of accounting and information assurance, about their current stream of research, which focuses on the economics of information security. The articles were also published by Network Magazine, Security Pipeline, and Optimize magazines read more

May 2004

Financial Times - May 3, 2004 -The Smith Schools defense-focused MBA program, offered in partnership with the Naval Postgraduate School, was noted in a article about business schools reaching out to military personnel.

Eprarie dotcom Boomerang - University of Maryland Professor Creates Online Dot-Com Archive. Interview with David Kirsh, a professor at the University of Maryland's Robert H. Smith School of Business," discusses Kirsh's historical overview of the dot com era. Part Two of Article/interview. ...read more

Baltimore Business Journal- Starting up Takes More than Money. Spotlight article and interview with Bob Baum, "assistant professor of entrepreneurship at the University of Maryland's Smith School of Business. ...read more

June 2004

The Economist - June 2004 - What's in the Journals. News briefs summarizing noteworthy articles from business journals mentions "Believing one's own press: the causes and consequences of CEO celebrity," authored for the Strategic Management Journal by three professors, including Violina Rindova and Timothy Pollack, Assistant professors of management and organization.

Business Week magazine (6/21/04) was among the national media reporting recently on information security research conducted by Lawrence Gordon and Martin Loeb. The research, which focuses on the economic aspects of information security, was also highlighted in Information Week (3/29/04), Network Computing (4/1/04), Network (4/5/04), Security Pipeline (3/29/04), Optimize (4/1/04) and Bank Systems and Technology (4/13/04) magazines....read more

July 2004

CNN/Money July 30, 2004 - An article on rising oil prices quoted Peter Morici, professor of international business, who noted that rising gasoline prices can take time to affect consumer behavior.

Asia Times July 22, 2004 An article on the rise of blogging in China quoted Walter Hutchens, assistant professor of logistics, business and public policy, who noted that media in China are in some ways part of an emerging civil society. They have influence, even politics at times.

MSNBC July 9, 2004 Roland Rust, holder of the David Bruce Smith Chair in Marketing, was featured in a television segment on summer air fare bargains. The segment also aired on WRC-TV in Washington, DC, KNTV-TV in San Francisco, WXIA-TV in Atlanta, WBAL-TV in Baltimore, WAVE-TV in Virginia Beach, and WVIT-TV in Connecticut.

Investors Business Daily July 7, 2004 - An article on the softening U.S. economy quoted Peter Morici, professor of international business read more

BusinessWeek July 5, 2004 - An article on the U.S. negotiating trade agreements with dozens of countries quoted Peter Morici, professor of international business, who noted that small companies should not rush into a country just because a trade pact has been signed, but entrepreneurs may benefit from the trickle down effect in the U.S.

Chief Executive July 1, 2004 An article on executive education programs noted the custom programs offered by the Smith School and featured quotes from Steve Feld, director of the Smiths Office of Executive Education read more

August 2004

The Washington Post August 29, 2004 - An article detailed the Smith School initiative to provide BlackBerry handhelds to MBA students. The article included quotes from Cherie Scricca, associate dean for masters programs and career services, Peter Morici, professor of international business, and Matthew Welsh, a first-year MBA student read more

Associated Press August 26, 2004 - An article detailed the Smith School initiative to provide BlackBerry handhelds to MBA students. The article was published in dozen of newspapers and online news sites nationwide read more

Wireless Week August 26, 2004 - An article detailed the Smith School initiative to provide BlackBerry handhelds to MBA students read more

The Wall Street Journal August 16, 2004 - An article about a policy requiring employees in Europe to be certified for jobs ranging from bartending to soccer playing quoted Peter Morici, professor of international business, who argued that the policy kills entrepreneurship and discourages people from seeking new jobs.

The Washington Post August 16, 2004 An article on the use of a computer program to grade essays on the GMAT, the standard entrance exam for MBA programs, included quotes from Lea Kleinschmidt, a Smith MBA student, who noted that the computer allowed her to get quick feedback on the admission process. The article was also published on MSNBC.com.

The (Baltimore) Sun August 12, 2004 An article detailed the $1 million technical assistance fund, established by the Smith School-based New Markets Growth Fund, to help start-up companies in the region.

Chicago Tribune August 11, 2004 - An article on the Federal Reserve raising interest rates quoted Peter Morici, professor of international business who noted that monetary policy is not as accommodative to economic growth as it appears.

WUSA-TV (Washington, DC) August 10, 2003 Investments made by the New Markets Growth Fund, headquartered at the Smith School, were reported in a television business segment. The news was also reported on WTOP radio in Washington, D.C.

The Wall Street Journal August 5, 2004 An article on a group of mutual funds that took in nearly $114 billion in cash during the first half of 2004 quoted Russ Wermers, associate professor of finance, who noted that as a fund gets bigger it gets tougher for it to beat its benchmark.

Fortune Small Business August 1, 2004 An article detailed research by Robert Baum, assistant professor of entrepreneurship, that looked at what attributes are needed in order for entrepreneurs to be successful. The article included a lengthy question and answer section with Baum read more

September 2004

The Washington Post September 30, 2004 In an article on a report revising second quarter growth in the U.S., Peter Morici, professor of international business said the economic recovery is slowing.

InformationWeek September 30, 2004 An article detailed a dot-com research project headed by David Kirsch, assistant professor of entrepreneurship. The article, which noted that the project received a $235,000 grant from the Library of Congress, quoted Kirsch throughout. The research grant was also reported by InternetWeek.com, TechWeb News, PC Pro, the Potomac Tech Wire, and The Daily Record, among other media read more

The Washington Post September 24, 2004 A special section on higher education included information about Smiths MBA program and career services in two separate articles. In one article, Cherie Scricca, associate dean for masters programs and careers services was quoted about the importance of ethics education in the MBA program, as well as increased attention on work-life balance. In another article, Scricca provided insight into ways students in all programs can better market themselves in their career searches.

Wall Street Journal September 22, 2004 The newspapers annual MBA rankings issue featured information about the Smith School in three separate articles. In the lead rankings issue article, the newspaper reported that the Smith School received high scores for students integrity, teamwork skills and a good fit with the corporate culture. The Smith School was also featured prominently in a profile article, and Smith part-time MBA student Yun Maryn was featured and quoted in an article about part-time MBA programs read more

eWeek September 22, 2004 An article detailed the Smith School initiative to provide BlackBerry handhelds to MBA students. The article featured numerous quotes from Cherie Scricca, associate dean for masters programs and career services read more

Fortune September 20, 2004 An article analyzing the stock market exchanges in China and investing opportunities quoted Walter Hutchens, assistant professor of logistics, business and public policy.

Chronicle of Higher Education September 17, 2004 An article about new technology on college campuses featured photographs and information about the Smith Schools initiative to provide BlackBerry devices to its MBA students. The article included quotes from Cherie Scricca, associate dean for masters programs and career services.

WRC-TV (Washington, DC) September 6, 2004 Roland Rust was featured in a television segment on the financial troubles facing US Airways. The segment also aired on KIRO-TV in San Francisco, WSOC-TV and WXAN-TV in Charlotte, NC.

Associated Press September 2, 2004 A column on technology featured an article about the Smith Schools distribution of BlackBerry devices to MBA students. The article was published in numerous newspapers nationwide read more

October 2004

The Washington Post October 28, 2004 The Posts Tech Thursday Digital Capital column focused on the dot-com research project headed by David Kirsch, assistant professor of entrepreneurship. The article, which noted that the project received a $235,000 grant from the Library of Congress, quoted Kirsch throughout and cited numerous failed dot-com companies that are part of Kirschs Business Plan Archive Projectread more

washingtonpost.com October 28, 2004 David Kirsch, assistant professor of entrepreneurship, hosted a live online discussion about his Business Plan Archive project, which aims to become the worlds largest online repository for business records and other materials from the dot-com era read transcript

USA Today October 26 - The Smith Schools launch of an EMBA program in Shanghai, China and a custom MBA program for Otis Elevator China was reported as the news from Maryland brief in the Across the USA section.

Associated Press October 26 A study by Chris Dellarocas, associate professor of information technology, on how online reviews can predict a movies box-office performance, was reported in an article that was published by more than 60 media outlets nationwide, including CNN.com, MSNBC.com, ABC News.com, New Yorks Newsday, the Houston Chronicle, and The Miami Herald read more

Financial Times October 25, 2004 - The Smith Schools launch of an EMBA program in Shanghai, China and a custom MBA program for Otis Elevator China was reported in an article. The announcement, made by Dean Frank in Shanghai, was also reported by The (Baltimore) Sun, The (Maryland) Daily Record, the Washington Business Journal, the Baltimore Business Journal, and numerous publications in China including Peoples Daily Online, EastDay.com, the Xinhua News Agency, China News Net, and the Xin Min Wan Bao read more

Internetnews.com October 22, 2004 - An article detailed a dot-com research project headed by David Kirsch, assistant professor of entrepreneurship. The article, which noted that the project received a $235,000 grant from the Library of Congress, quoted Kirsch throughout read more

The Wall Street Journal October 20, 2004 In an article about the 2.7 percent rise in Social Security benefits, Peter Morici, professor of international business said he believes that inflation remains steadfastly under control despite rising oil prices. The article was also published on Smartmoney.com read more

Bloomberg News October 15, 2004 In an article on retail sales, Peter Morici, professor of international business, was quoted about the impact of the rising cost of oil read more

New York Times October 15, 2004 Peter Morici, professor of international business, was quoted in an article on the rising trade deficit.

Chicago Tribune October 11, 2004 An article on the reselling of event tickets online quoted David Kirsch, assistant professor of entrepreneurship, and noted Kirschs research involving the dot-com boom and bust.

Newsweek International October 4, 2004 - An article on alleged currency manipulation in Asia quoted Peter Morici, professor of international business read more

The Washington Post October 1, 2004 The newspaper reported the $235,000 Library of Congress grant for a digital archiving project headed up by David Kirsch, assistant professor of entrepreneurship at the Smith School. The project involves archiving business records and other materials from the historic dot-com era read more

November 2004

Bloomberg News November 19, 2004 Smith Professor of International Business, Peter Morici, was quoted in an article about pressure on President Bush to start discussions on a Pacific Rim free-trade bloc at a regional economic summit read more

The Wall Street Journal Online November 18, 2004 A CollegeJournal column about career services offered by leading business schools to part-time MBA students highlighted a number of innovative initiatives undertaken by the Smith School. The article quoted Janet Richert, managing director for the Office of Career Management read more

Forbes.com November 17, 2004 - The research of Associate Professor of Finance Russ Wermers, on the influence of "new money" into mutual funds, refuted the idea that getting a five-star rating from Morningstar means "a kiss of death." read more

The New York Times November 11, 2004 - Smith Professor of International Business, Peter Morici, in an article about the Fed raising interest rates, noted that the Fed is in a tough spot because it has established expectations that it will increase rates further.

The Washington Post November 4, 2004 The Smith Schools launch of an EMBA program in Shanghai, and its custom MBA program for Otis Elevator China, was noted in the regular Business Notes column.

The Wall Street Journal November 2, 2004 In an article on the impact of the presidential election on the workplace, Smith Professor of International Business, Peter Morici, predicted a loss of roughly 10% in worker productivity this election day ...read more

Financial Times November 1, 2004 An article about MBA programs in China noted that the Smith School in October announced that it would expand its EMBA program in Beijing to include Shanghai.

Traffic World November 1, 2004 An article about the expansion of Dells distribution network quoted Bill DeWitt, teaching professor of logistics, business and public policy, who noted that Dell is the model for logistics in the future.

December 2004

In a Washington Post (12/23) article about conducting a professional exit interview, Rhonda K. Reger, associate professor of strategic management, was quoted and offered sound advice to always leave the door open in case of a return.

Dominic Crapuchettes, a 2004 MBA graduate of the Smith School, aspiring entrepreneur and creator of a new game Cluzzle, was prominently mentioned in a Baltimore Sun feature on designers of new board games.

The Smith School global trade expertise was profiled in an article from CBS MarketWatch (12/31) and Investors Business Daily (12/31) highlighting comments from Peter Morici, professor of international business and trade expert, on the implications of lifting the United States textile quotas. Morici was also quoted as an economic and trade expert in articles that appeared in The San Francisco Chronicle (12/23) and other business news outlets.

Compelling Smith School research co-authored by Alexander Triantis, associate finance professor, which explores reasons why rising numbers of companies are going dark has made business headlines across North America. The study was featured in a Dow Jones article that was later picked up by The Wall Street Journal, Associated Press (12/13) and dozens of daily newspapers. The same study was then the focus of the Financial Times and made front page news in a second Wall Street Journal article containing an interview with U.S. Treasury Secretary John Snow discussing Sarbanes-Oxley.

A Smith alum and the CEO of Under Armour, Kevin Plank, made headlines with USA Today (12/12) in an article that profiled his company and mentioned Smith in a sidebar.

Peter Morici, professor of international business, was quoted in a CBS MarketWatch story speculating on the future of Fannie Mae that was later picked up by Investors Business Daily. Morici was also quoted in stories by The Los Angeles Times (12/16) and other leading media.

The Smith Schools new partnership with ChinaCast, to deliver executive education programs across China via satellite, was noted in a number of publications including the Financial Times (12/6), The (Maryland) Daily Record (12/1) and The (Singapore) Business Times (11/30).

An article about the Smith Schools partnership with executive search firm Stanton Chase International appeared in the November/December issue of BizEd. Scott Koerwer, associate dean for executive education and marketing communications, and Cherie Scricca, associate dean for masters programs and career services, authored the article.

Peter Morici, professor of international business, was quoted about jobs and the economy by CNN Money (12/2), Investors Business Daily online (12/3), and TheStreet.com (12/3).