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UNDERGRADUATE NEWS
Important Dates and Information to Remember
- August 30 – Last day to drop with
100% refund
- August 31 – 1st day of classes,
Mandatory Waitlist Check-in Begins
- September 10 - August Graduates
Degrees posted on transcript
- September 14 – Last day of Schedule
Adjustment and the Last day to apply for
December graduation
- September 15 – Last day of Mandatory
Waitlist Check-in
- October 29 – Spring 2010
Registration Begins
- November 9 – Last day to drop a
class with a “W”
- December 11 – Last day of classes &
Last day to request Complete Withdrawal
from the University
- December 14-19 – Final Exams
- December 19 Campus Commencement
Ceremony
- December 20 Smith School
Commencement Ceremony *See pages 6 & 13
in Registration Guide for complete
refund schedule
Fellows Applications Reopened
We are excited to announce that a few of our
Fellows programs have been reopened.
Admission for each will be granted on a
rolling basis, so we encourage you to get
your applications in as soon as possible
(the first review will happen on August
1st). The following programs have been
reopened: Business Process Fellows, Music
Management Fellows, Supply Chain Fellows
(LTSCM), Sports Management Fellows,
Leadership, Financial Services Fellows, and
Quanitative Finance Fellows. Please visit
UNet (www.unet.rhsmith.umd.edu)
and click on the Fellows tab and the link to
the program you are interested in to find
the application link. Good luck!
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SMITH NEW BRIEFS
Smith School’s Top 10 Summer Reading
List for 2009 The Smith School
is excited to announce some favorite books
in the "Sixth Annual Top 10 Summer Reading
List for Business Leaders" for 2009, as
recommended by faculty members and
administrators. Links to
Amazon.com to purchase the books are
provided, with all of the referral fees
supporting Smith School scholarships.
>> We hope you enjoy
Smith's Sixth Annual Top 10 Summer Reading
List.
Smith School Launches Global Equity Fund
The Smith School announced the launch of the
Global Equity Fund,
to be managed by 10 finance students in the
school’s part-time MBA
and Master of Science in
Business: Finance programs. The global
fund will begin this fall and hold
investments primarily in equity markets
outside the United States.
>> Full Story
Smith School Continues Exec Ed Leadership
with Maryland State Medical Society
Partnership
MedChi, the Maryland State Medical Society,
and the Smith School are pleased to announce
that their certificate program "The Business
of Practicing Medicine" has been approved
for CME credits. (Early-bird registration
deadline July 31. Classes start September
8.)
>> Full Story
Ernst & Young Foundation Donates
$250K to Smith
This summer the Smith School announced a
$250,000 gift to create the Ernst & Young
Freshman Fellows Orientation Program and
endowment. The gift will support orientation
programs and presentations for Smith’s
two-year Freshman Fellows program, an
innovative combination of cohort-style
classes, experiential learning,
co-curricular activities and events that
create a cohesive learning community linking
students, faculty, staff, corporate partners
and alumni.
>> Full Story
Smith School to Host Forum on "Leadership
for a Better World: Creating Social Value
through Innovation"
The
Center for Social Value Creation joins
the
Center for International Business Education
and Research (CIBER) in hosting a
one-day forum, “Leadership for a Better
World: Creating Social Value through
Innovation,” at the
Ronald Reagan Building in Washington,
D.C. The forum will feature a series of
high-profile thought leaders on the role of
business in society and fostering social
change through models of innovation.
Academics, business leaders, nonprofit
executives and policy makers are invited to
attend and join in the discussion.
Register before August 31, 2009 for a
discounted rate.
>> Register Online Now!
Gordon Prize in Managing Cybersecurity
Resources Professor Lawrence A.
Gordon's commitment to the University of
Maryland and the Robert H. Smith School of
Business led him to create the Gordon Prize
in Managing Cybersecurity Resources. The
deadline for submitting an essay to win the
$1,000 Prize for 2009 is August 1.
>> Full Story
Smith School Launches Facebook Fan Page
Become a Fan of the Smith School on Facebook
and get easy access to our latest news,
photos, and videos. (Smith is also on
Twitter -
www.twitter.com/smithschool)
>> Fan Smith Now!
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UNIVERSITY UPDATE
UM Scientists Decode Genome of
Deadly Parasitic Worm Scientists
have sequenced the genome of the parasite
that causes intestinal schistosomiasis (also
known as bilharzia or snail fever), a
devastating tropical disease that afflicts
more than 200 million people in the
developing world.
Najib El-Sayed, Associate Professor in
the University of Maryland
College
of Chemical and Life Science, led the
transatlantic research team, along with
Matthew Berriman of the UK's
Wellcome
trust Sanger Institute. Their work is
published in the July 16, 2009 edition of
Nature and featured on the journal's cover.
>> Full Story
UM Announces 2009 Tillman Military
Scholars
In the inaugural year of the
Tillman Military Scholarship, the University
of Maryland, in association with the
Pat Tillman Foundation, has awarded
eight UM students scholarships for embodying
the characteristics of leadership displayed
by Pat Tillman. Each recipient shows
significant potential to greatly improve his
or her community upon graduation. The 2009
recipients are undergraduate students David
Boucher, Richard Garcia, Dan Hardisty, Anton
Hoffman, Lavisha McClarin, and Dennis
Robinson, and graduate students Kirby
Bowling and James Dillard.
>> Full Story
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SMITH SCHOOL IN THE NEWS
| July 2009 |
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BusinessWeek – July 27, 2009 – Anil Gupta,
the Ralph J. Tyser Professor of Strategy and Organization, is
quoted in a story about China’s global investments. |
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USA Today – July 21, 2009 –Roland Rust,
Distinguished University Professor and chair of marketing, is
quoted in a story about how hotels and airlines are luring
customers.
Read more |
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Wall Street Journal – July 15, 2009 –
Business professor Peter Morici is quoted in a story about
commodity prices. |
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Financial Times – July 13, 2009 – Dean G. “Anand”
Anandalingam is mentioned among other Indian deans of top
business schools.
Read more |
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Baltimore Sun – July 12, 2009 – Janet
Wagner, associate chair of marketing, talks about consumers and
luxury goods.
Read more |
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BusinessWeek – July 10, 2009 – Anil Gupta,
the Ralph J. Tyser Professor of Strategy and Organization, and
alumna Haiyan Wang write about globalization challenges facing
China.
Read more |
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The Daily Record – July 8, 2009 – Kay
Bartol is quoted in a story about social networking as an
organizational tool.
Read more |
| June 2009 |
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Voice of America – June 25, 2009 – David Kirsch is
interviewed about business plans.
Read more and listen online |
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National Public Radio.org – June 18, 2009 –
Peter Morici writes an op-ed about Obama’s regulatory reform.
Read more |
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Financial Times – June 18, 2009 – Peter
Morici is quoted in a story about consumer credit.
Read more |
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Inc.com – June 10, 2009 – PhD candidate Azi
Gera is quoted in a story about business plans research he did
with associate professors Brent Goldfarb and David Kirsch.
Read more |
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Wall Street Journal.com – June 8, 2009 –
Business professor Peter Morici is quoted in a roundup of
economists reacting to new data.
Read more |
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http://www.rhsmith.umd.edu/news/inthenews/
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SMITH
BUSINESS CLOSE-UP
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Thursday, July 23, 2009,
7:30 p.m.
Sunday, July 26, 2009, 7:30 a.m.
Monday, July 27, 2009, 4:30 a.m.
Entrepreneurs begin their
ventures lacking a lot of
things—employees, funding,
customers, technology. A large part
of their success relies on their
ability to get these things, and
that depends in large part on the
entrepreneur’s ability to network
with people and organizations that
can provide them with everything
from further connections to
equipment to good advice.
In this edition of Smith
Business Close-Up with the
University of Maryland’s Robert H.
Smith School of Business,
Benjamin Hallen, assistant
professor of strategy, talks about
his research that explores how
entrepreneurs tap into their
networks to get investments in their
new ventures.
Professor Hallen’s research
focuses on how entrepreneurs form
network ties with potential resource
providers and partners, specifically
how entrepreneurs raise equity
investments from venture capital and
corporate investors. His research
has a particular focus on
identifying strategies that
entrepreneurs may use when they are
unknown within an industry and lack
prior network ties to investors.
Prior to his doctoral studies,
Hallen was himself was an
entrepreneur, co-founder and CTO of
a Web communications company.
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Smith Business
Close-Up is co-produced by
the Robert H. Smith School
of Business and Maryland
Public Television.
The television segment
focuses on the latest
thinking in business
management, and features
in-depth interviews with
Smith School faculty and
other members of the
school’s community of
business leaders.
Where to watch
Smith Business Close-Up
can be seen bi-weekly on
Maryland Public Television's
Your Business and Money.
The program airs at 7:30
p.m. on Thursdays and is
repeated the following
Sunday at 7:30 a.m. and
Monday at 4:30 a.m. on
public television stations
throughout Maryland and the
Washington, D.C.,
metropolitan region,
including:
WMPB-TV (Ch. 67), Baltimore
WMPT-TV (Ch. 22), DC
metro/Annapolis
WCPB-TV (Ch. 28), Salisbury
WFPT-TV (Ch. 62), Frederick
WWPB-TV (Ch. 31), Hagerstown
WGPT-TV (Ch. 36), Oakland
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FACULTY
UP FRONT
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 Research@Smith
CEOs are under immense pressure to deliver on
earnings performance, a pressure which only
intensifies in difficult economic times. So it
is not surprising that so many CEOs—up to 74
percent in one study—believe it is acceptable to
manipulate their earnings reports to achieve
performance goals. Manipulation of corporate
earnings through income smoothing, earnings
management, or explicitly fraudulent behavior is
more common than many would like to admit, but
it is easy to understand. It is hard to be
honest when the alternative is to lay off
workers or close the doors.
When discrepancies between report and reality
become apparent, some public firms restate their
reported financial earnings voluntarily. Others
are forced to restate by a law-enforcement body
like the Securities and Exchange Commission
(SEC). Voluntary disclosure of wrongdoing
creates an initially negative response from
stakeholders, often reflected in a decline of
the firm’s market value. It can generate civil
lawsuits and result in the loss of income or
position for corporate executives. What would
motivate a firm to voluntarily restate its
earnings despite the negative impact?
Recent research by two Smith School
professors, Ken G. Smith, Dean’s Chaired
Professor of Business Strategy, and Kay Bartol,
Robert H. Smith Professor of Management and
Organization, indicates that social forces may
be more effective than sanctions in compelling
firms to do right. In other words, good behavior
is catching.
>> Full Story & Podcast in Research@Smith
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UNDERGRAD EDITION
July 2009
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Smith
Newslink Inside is a production of the Office
of Marketing Communications in cooperation with
the Office of Administration.
Editor
Alissa Arford-Leyl
Regular Contributors:
Office of Marketing Communications
Smith Media Group
Office of Administration
Office of Smith IT
Office of Executive Programs
Office of Masters Programs
Office of Undergraduate Programs
Dingman Center for Entrepreneurship
Send comments
or submissions to:
aleyl@rhsmith.umd.edu.
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Give anonymous feedback on Smith
Newslink:
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