SPRING 2008 VOL. 9 NO. 1

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Allan Edelson ’81 Delivers Commencement Keynote Address

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An enthusiastic crowd gathered in Comcast Center on Dec. 20, 2007, to cheer on a brand-new crop of proud Smith School alumni. Allan Edelson ’81, director with Deutsche Bank Berkshire Mortgage, Inc., joined in the congratulations and gave his fellow alumni advice on selecting a career and specific steps they could take to be successful in their first job. Allan Edelson ’81

In particular, he urged graduates to be successful in their positions before they tried to reinvent their jobs. “Most companies have processes that to the new employee seem redundant, unnecessary, and highly inefficient. While in some cases, it may actually be true, you should not revise the process until you have mastered the process,” advised Edelson. “Few employers like to listen to someone new, who has never closed business with the company, tell them how their systems are wrong. However, a young bright employee who learns the process fast and succeeds is another story. If that employee has suggestions, because of his or her success, people in the company are now ready to listen.”

Edelson has enjoyed a remarkable career, becoming one of the top volume loan originators in the country and now running the Chicago office of Deutsche Bank Berkshire Mortgage, Inc. He has originated more than 435 multifamily loans resulting in about $6.3 billion in loan value in 34 states—an astonishing achievement. He is a member of the school’s Board of Visitors and recently endowed a scholarship to honor his father, Charles Edelson, a longtime member of the Smith School’s accounting faculty.

Undergraduate speaker Max Bergen ’07 noted that he and his classmates gained “experience, proficience and prestige” through their Smith School experience, and urged his fellow alumni to regard their Smith School degree with pride.

MBA speaker Amanda Buchanan ’07 reflected on her experiences with the part-time MBA program at the Baltimore campus. She talked about the global learning opportunities she pursued in China and India as well as the many bonding experiences with her part-time MBA classmates, including the many experiences sponsored by the Part-Time MBA Association, from social events of all types to numerous charitable fundraising events.

During the commencement ceremony degrees were awarded to 170 undergraduates, 146 MBA and executive MBA students, and eight doctoral candidates. PhDs were awarded to Tuck-Siong Chung, Sherae Daniel, Katherine DeCelles, Scott Nestler, Michael Pfarrer, Chih-Yang Tseng, Jing-Wen Yang, and Airu Yen. Melissa Ryan ’07 sang the national anthem.

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