Archived News | Martin Tuchman School of Management

The School of Management at New Jersey Institute of Technology (NJIT) was named an outstanding business school by The Princeton Review.

The New York-based education services company features the school in the new 2014 edition of "The Best 295 Business Schools” (Random House / Princeton Review).

Robert Franek, vice president of publishing at The Princeton Review, said NJIT was chosen based on high regard for academic programs and offerings, the institutional data collected from the school and the candid opinions of students attending NJIT who rated and reported on their campus experience. “We are pleased to recommend NJIT to readers of our book and users of our website as one of the best institutions they could attend to earn an MBA," said Franek.

“We are delighted that our school is again recognized as one of the top business schools in the nation,” Pius J. Egbelu, dean of the NJIT School of Management, said. “We believe that we offer our students a unique educational advantage that will help them succeed in a 21st century marketplace that emphasizes technology and globalization.”

He explained that business education at NJIT is distinguished by an emphasis on the applications of technology. “Here, at every turn, technology supplements the core business background common to all management programs. For example, interdisciplinary links with Newark College of Engineering are very strong. NJIT’s multidisciplinary student teams drawn from management, science, engineering, and the liberal arts have an important edge over traditional schools of business,” Egbelu said.

"The Best 295 Business Schools: 2014 Edition" has two-page profiles of the schools with write-ups on their academics, student life and admissions. In the profile on NJIT School of Management, The Princeton Review editors describe the school as "very friendly and diverse,” with “cutting edge classes" and a “unique emphasis on understanding how technology and science intersect with business.” NJIT’s current management students were surveyed by The Princeton Review, citing “relevance, practicality and innovation” in their education noting that “the curriculum is geared to the job market.”

NJIT Researchers Win Bright Idea Awards

The New Jersey Policy Research Organization (NJPRO) recently awarded Bright Idea Awards for 2013 to two teams of NJIT researchers. The awards, which recognize outstanding research, were presented at a ceremony held in October. “Leader delegation in global software teams: occurrence and effects,” was written by Suling Zhang, NJIT alum; Marilyn Tremaine, professor emeriti in the department of information systems at NJIT; Allen E. Milewski, department of software engineering at Monmouth University; Jerry Fjermestad, professor of information management at NJIT; and Patrick O’Sullivan, IBM Corporation. This is the second Bright Idea Award for this research team which is based on Zhang’s doctoral dissertation and the fifth award for Fjermestad.

“Information Technology for Small Business: Managing the Digital Enterprise” co-authored by Katia Passerini, interim dean of the Albert Dorman Honors College; Ayman El Tarabishy, George Washington University; and Karen Patten, NJIT alum and assistant professor at the University of South Carolina, also won the award. This is the second Bright Idea Award for Passerini.

Assistant Professor of School of Management Dr. Ellen Thomas won "Best Paper in Logistics, Supply Chain Management, and Retailing Track"

Dr. Ellen Thomas won best paper award for her paper titled "Supplier Integration in New Product Development: Communication and Buyer Performance" at the 51st annual Society for Marketing Advances Conference. Society for Marketing Advance Conference is an international research conference for marketing educators and professionals.

NJIT's Michael Ehrlich on Government Shutdown

Watch NJIT’s Michael Ehrlich, associate professor of finance, on US Government Shutdown.

Renewal of support: The Leir Center for Financial Bubble Research

The Ridgefield Foundation renewed their support of the Leir Center for Financial Bubble Research for another year. This will enable us to continue our ground breaking research on Financial Bubbles and their relation to economic activity.

Associate Professor of School of Management Dr. Zhipeng (Alan) Yan publish articles in Shanghai Security News

Dr. Zhipeng (Alan) Yan published two articles in Shanghai Securities News (SSN), China’s Wall Street Journal during the summer. On August 22, 2013, the “Money Management” section of SSN used a full-page to discuss his article, “Singapore DBS Bank Suspected of Selling a Fraud Financial Product Whose Expected Return Is Negative”. It became an instant hot topic in China.On September 5, China Banking Regulatory Commission announced that it will soon announce regulatory rules to protect the financial interests of consumers and financial institutions shall not conceal the risks of financial products nor exaggerate their benefits. On September 7, the China Securities and Exchange Commission opened a new hotline - 12386 to handle complaints from investors and provide advice and suggestions to them. The other article, “Don’t Ignore the Gorilla before Your Eyes: Investment Risk and Scam”, investigated a Ponzi scheme. It was also published in SSN on August 26.

School of Management welcomed a new faculty member Dr. Melodi Guilbault

The School of Management welcomed a new faculty member this fall. Dr. Melodi Guilbault joined the faculty as a Senior University Lecturer. Dr. Melodi Guilbault joins us from Warner University in Central Florida where she was a professor and the chair of the School of Business. She holds a B.S. in Mathematics from the University of North Carolina, a M.B.A from Queens University, and a DBA in Marketing from Anderson University.

Melodi relocated to Jersey City from Babson Park, FL. Melodi exchanged a great view of the lake and no traffic for a view of NYC and lots of traffic which she navigates in her 38 year old car.

Professionally, Dr. Guilbault is experienced in the areas of financial analysis and management, strategic planning, sales, market segmentation and development, marketing and statistics. She worked for AT&T for almost 20 years. Her last assignment was as General Manager for AT&T International Services.

Melodi is an experienced educator and administrator with a passion for teaching. She looks forward to working with the students in each of her classes, the companies in the Economic Development Center to develop marketing plans, and conducting research in marketing. She will have an article published in the Winter 2014 edition of the Atlantic Marketing Journal.

NJIT's Michael Ehrlich to Appear on One-on-One with Steve Adubato

Watch NJIT’s Michael Ehrlich, associate professor of finance, on One-on-One with Steve Adubato. The program is scheduled to air on Sept. 20 at 7:00 p.m. and 11:30 p.m. on NJTV.

School of Management now offers Online MBA

SOM is not a traditional business school. In fact, it’s a top tier technology school. And that’s exactly why you belong here. In today’s technology-dependent economy, few institutions are better equipped than SOM to prepare the next generation of business leaders. Our graduates are the innovators that shape the very industries in which businesses compete. Click here to download a free program brochure.

SOM and EDC partnered to teach Entrepreneurial Strategy and Market Planning and Analysis

SOM and EDC partnered to give opportunity to students of MGMT 680 (Entrepreneurial Strategy, Professor Cesar Bandera) and MRKT-631 (Market Planning and Analysis, Professor Ellen Thomas) to learn, the real world development of the startups. Click here to see event pictures.

NJIT SOM Scores Big, with Big Brothers Big Sisters

NJIT School of Management participated on September 15th in Big Brothers, Big Sisters of Essex, Union and Hudson Counties annual "Bowl for Kids Sake" fundraiser. While the SOM bowlers performed unexceptionally on the lanes, they scored big for Big Brothers where it counts and were among the top ten fundraiser among over 100 teams participating in this year's event.

Summer 2013 Capital One Student Banker Summer Program

Summer 2013 Capital One Student Banker Summer Program for High School students will host 41 rising high school students from August 1 – August 8th, 2013.

The students will participate in a college like experience designed to orient them to apply for and attend colleges next year. For the first few days, the students will be based at the Princeton-Blairstown facility where they will participate in team building outdoor education activities. At NJIT, they will be living in dorms and eating dining hall food. During the day, they will be studying to learn more about financial markets and institutions. Evenings will be more relaxed with fun activities planned.

At the end of the program, teams of students will make presentations about their assigned financial market or institution. They will be judged by Capital One bankers, sponsors of this program, and they will be getting ready for their next year when they will be running Capital One bank branches within their high schools during their senior years.

Summer 2013 Financial Investment and Literacy Program

Summer 2013 Financial Investment and Literacy Program for High School students hosted 18 students on the NJIT campus from July 8th – July 25th, 2013

As part of this program the high school students participated in a college level program to learn about financial investments and also about personal finance topics. SOM Board of Advisors member Bernadette Strout led the personal finance module. The students also enjoyed a field trip to the Leir Retreat, sponsored by the Leir Foundation.

This year, the students gave final presentations that were judged by a team of bankers from TD Bank, one of the program sponsors. The winners, Hilda Dzietror in first place and Kiajah Davis in second place, each won iPads.

Award Ceremony & Beta Gamma Sigma Honor Society Induction

On May 2nd, 2013 School of Management hosted award ceremony and Beta Gamma Sigma Society Induction.

Leadership Award

Samantha Gorham, Yan Huang, Lulu Yu

Student Athlete Award

Meryl Hershfield, Austin McAuliffe

Wall Street Achievement Award

Victor Ortiz, Dania Shazad, Yunzhe Xu

Dean's Competitive Achievement Award

Anthony Boon, Orest Bidnyk, Reem Nakshbandy, Jose Rubiani, Gan Song, Balavignesh Thirumalainambi

Professor's Excellence Award

Rita Bathiard, Alex Casisaguano, Marianna Danchisko, Brian Erb, Arianna Flynn, Natalya Gavrilova, Rubal Gupta, Ulando Jones, Ksenia Kuzmenko, Jie Mai, Rodolfo Marquez, Ashley Martin, George Roa, Troy Samuel, Rina Shah, Michael Smith, Andrei Stoyanow, Abdoul Sylla, Eugene Tan, Jiasha Wang, Gregory Washington, Timothy Webster

Teaching Award

Joe Roman, Marguerite Schneider, Karen Schoenebeck, Diana Walsh, Wei Xu, Zhipeng Yan

Beta Gamma Sigma Inductees

Undergraduate Student

Rodolfo Marquez, Troy Samuel

Graduate Students

Magy Gregus, Amoolya Jayaram, Jie Mai, Marni McSween-Farmer, Victor Ortiz, Ankit Patel, Shilu Sa, Rina Shah, Frederick Sia, Eugene Tan, Balavignesh Thirumalainambi, Vedant J. Vyas, Timothy Webster, Lulu Yu, Xuejiao Zhao, Wenxin Zhong

Association to Advance Collegiate Schools of Business (AACSB) Accreditation

The New Jersey Institute of Technology School of Management is pleased to announce that Association to Advance Collegiate Schools of Business (AACSB) Board of Directors ratified the maintenance of accreditation for the undergraduate and master’s degree programs offered in business. The School of Management achieved accreditation for 6 additional years. All of our undergraduate business specializations and our graduate Management of Science and MBA programs are accredited.

AACSB has been evaluating the practice of business schools for 90 years and this accreditation represents the highest standard of achievement for business schools worldwide. Being AACSB-accredited means a business school is able to continuously pass a strict set of standards that are designed to ensure quality. Therefore, AACSB-accredited business schools are the best in the world. As of December 2011, 643 schools were accredited across 43 countries of that only 574 institutions have both their Undergraduate and Graduate programs accredited. Accreditation is a process of voluntary, non-governmental review of educational institutions and programs.

AACSB accreditation assures quality and promotes excellence and continuous improvement in undergraduate and graduate education for business administration and accounting. Since the start of the AACSB accreditation program NJIT School of Management have affirmed their commitment to educational quality through the achievement of accreditation.

SOM and EDC partnered to teach Entrepreneurial Strategy and Market Planning and Analysis

EMBA 3rd Annual Conference

Business Realities in a Time of Transition Friday, November 16, 2012, NJIT Campus Center Atrium 8:30am - 4:30pm

PNC: Employment Information for Seniors

Wednesday, September 19th, 2012 at 2:30pm in the Leir Conference Room in the Central Avenue Building.

People to Business (P2B) Talent Network Meet-up

Wednesday, May 16, 2012,Campus Center Atrium and Ballroom,12 pm - 4.30 pm. Click here for registration and more information.

The 3rd Annual Innovation & Collaboration Research Showcase

Wednesday, March 7, 2012, Eberhardt Hall, 11.30 am - 3.30 pm.

- Social Media: Tools to enhance collaboration & Business potential were exhibited.

- NJIT School of Management Professors Ellen Thomas, Zhipeng Yan, Wei Xu, Ronald Sverdlove, and Katia Passerini presented research poster session on various topics.

First Investors Information Session

Wednesday, March 7, 2012, Central King Building Room 220, 3 pm - 4.30 pm

Internal Auditing and Forensic Accounting Professionals speaking

Wednesday, April 25th, 2012 at 2:30pm, Leir Conference Hall, Central Avenue Building, Third Floor.

Mixing Business Know-How and Fine Dining

RSVP by April 19th to raines@njit.edu. First 50 to attend are eligible for a raffle! Wednesday, April 25, 2012, 4:00 p.m. – 6:00 p.m. in the Campus Center, Ballroom B.

SOM Awards and Induction Ceremony

The School of Management congratulates the new Beta Gamma Sigma Honor Society inductees and also the winners of various individual awards at our 2012 Awards Ceremony, which took place on May 2nd.

SOM Launches Live Cases Program As an Innovative Teaching Tool

Under the direction of Dr. William Rapp, Henry J. Leir Professor of International Trade, and with the sponsorship of the Ridgefield Foundation, SOM has launched a Live Cases program whereby SOM faculty and students develop case studies of leading companies in New Jersey. The cases are "live" because there is ongoing commentary in an online discussion board, and because they are updated regularly.

Go to the Live Cases page to learn more.

Executive MBA Students Meet with Congressman in Washington D.C.

NJIT's Executive MBA students, led by EMBA Director Elaine Frazier, recently visited our nation's capital for a week-long course on strategic leadership, public policy and governance. One program involved a session with NJ Representative Steve Rothman.

SOM Awards Ceremony & Beta Gamma Sigma Honor Society Induction

The School of Management would like to congratulate all of the award winners who were recognized at our annual awards ceremony on April 23rd along with the new members who were inducted into the Beta Gamma Sigma Honor Society, the premier international honor society for top students at AACSB accredited business schools. The guest speaker for the event was Mike Wall, a Divisional Senior Vice-President and Regional Manager for Capital One and also a member of SOM's Adivsory Board. For a complete listing of SOM's award winners and Honor Society members for 2008, please click here.

2010 School of Management Awards Ceremony

The School of Management congratulates the new Beta Gamma Sigma Honor Society inductees and also the winners of various individual awards at our 2010 Awards Ceremony, which took place on April 7th. Advisory Board Member Gabe Caprio was the of our second annual Outstanding Advisory Board Member award. Student award winners include Louis Noto--Wall Street Journal Student Achievement Award; Sabrina Baby, Dimitri Athans and Jessica Gerald--Student-Athlete Awards. For a full listing of award winners and Honor Society inductees, click here.

The School of Management congratulates the new members of the New Jersey Collegiate Business Administration Association Honor Society for 2010. Louis Noto, Sabrina Baby, Carla Narvaez, Erik Magnusson and Lailiane Louzada were sworn into the Society at the New Jersey State House in Trenton on May 2, 2010. For a full listing of award winners and Honor Society inductees, click here.

NJIT Business students place 3rd in East Coast business plan competition

Three outstanding students in NJIT's undergraduate business program placed third overall in this year's East Coast Venture Challenge hosted at Columbia University. The student team of Quaison Carter, Louis Noto and Paulius Skema finished ahead of teams from Yale, Columbia and Johns Hopkins, among others, for their presentation of the company Fetchfire, which was founded by Carter.

The ECVC offers student entrepreneurs from top universities across the East Coast the chance to pitch their ideas to a panel of venture capital judges from DFJ and DFJ Gotham. The goal of the competition is to promote student involvement in entrepreneurial endeavors, and the winner receives a $250,000 investment.

EMBA Spring 2010 Conference

Public Policy Environment: Business Sector Challenges and Opportunities

This 2-day conference highlights select challenges and opportunities generated by the current, unusually turbulent business landscape. Our goal is to offer both students and other business professionals exposure to a series of topics, including an exploration of the framework where public policy impacts the business environment generally and various market segments specifically. More information.

Gil Bento, NJIT Finance Student, Selected for SEMI Program

Gil Bento, a senior finance major at NJIT, was recently selected to participate in the SEMI (Scholarship, Education, Mentoring and Internship) program in Summer 2010 with NYSSA (New York Society of Security Analysts). NYSSA was incorporated in 1940, and its purpose remains true to this day: to establish and maintain a high standard of professional ethics in the security analysis field; to improve analytical techniques; to foster the interchange of ideas and information among security analysts; and to promote proper understanding of the function of financial and security analysis and the operation of the security markets.

In 1996, NYSSA launched its summer SEMI Program with the objective of providing undergraduate college students who are pursuing degrees in finance or other related studies with a greater exposure to and understanding of the finance and investment fields. Students are provided with a mentor and attend presentations covering various financial industry-specific topics. In addition, as NYSSA members, students have access to the extensive contacts and resources of NYSSA. The result is a one-of-a-kind opportunity for NYC-area students who want to get a leg up on their careers.

Applicants must have completed at least their sophomore year by the time the Program begins in the summer, be pursuing a major in finance or related study, demonstrate academic excellence and have an interest in the securities profession.

Interested students can click on the following link for more information: http://www.nyssa.org/Content/NavigationMenu/programs/StudentPrograms/SEM...

New Jersey Collegiate Business Administration Honorees

The School of Management would like to congratulate NJIT's new members of the NJ Collegiate Business Administration Association Honor Society, which is for the top one percent of business students in the state of New Jersey. The membership requirements are listed on the society's website. Congratulations to Lissette Gomez, Eduardo Welter and Ashneet Kaur for being this year's nominees from NJIT. The swearing-in took place on May 2nd at the NJ Statehouse in Trenton.

Rodrigo Correa wins Wall Street Journal Student Achievement Award

Rodrigo Correa, an outstanding business student at NJIT, has been awarded the Wall Street Journal Student Achievement award for 2008. He is the first honoree for NJIT's School of Management to win this prestigious award for his academic performance in the field of finance and business administration. Rodrigo is also a top player on NJIT's Division I men's Volleyball team, a member of the Albert Dorman Honors College, and a participant in the accelerated BS/MBA program.

Award winners receive a brass medallion paperweight and a one-year subscription to the Wall Street Journal. The university receives a display plaque with the student's name engraved. The WSJ also recognizes these students in a full-page Student Achievement Award listing in the fall each year.

NJIT’s School of Management Proudly Presented:

Wall Street Meltdown: What Happened? What to Expect?

See more details.

2009 SOM Awards Ceremony and Beta Gamma Sigma Honorees

The School of Management congratulates the new Beta Gamma Sigma Honor Society inductees and also the winners of various individual awards at our 2009 Awards Ceremony. Advisory Board Member Ray Cassetta was the first recipient of the annual Outstanding Advisory Board Member award. Dr. Barbara Tedesco was awarded a Lifetime Achievement Award for dedication and service to NJIT's School of Management. Student award winners include Cindy Osorio--Wall Street Journal Student Achievement Award; Quaison Carter--Leadership Award; Rodrigo Correa, Jill Dickinson, Iulia Doci and Gary Garris--Student-Athlete Awards. For a full listing of award winners and Honor Society inductees, click here.

Four NJIT Business students named Arthur Ashe Jr. Sports Scholars in 2008

Isha Toor, Rodrigo Correa, Leonardo Paludo and Kevin Blanco have been named Arthur Ashe Jr. Sports Scholars for 2008.

Rodrigo Correa along with teammate Leonardo Paludo who graduated in May with a degree in Business were named Arthur Ashe Jr. Sports Scholars for 2008 for Volleyball. Kevin Blanco, a junior in the business program made Second Team honors for Soccer. Isha Toor, a junior business major made First Tean Honors for Tennis. Students are chosen for this honor based on their participation in an intercollegiate sport, a cumulative GPA above a 3.2 and leadership and community involvement. Honorees for other sports and universities can be found in the May issue of Diverse Issues in Higher Education.

	Leir Center for Financial Bubble Research Opens at NJIT Past economic bubbles have been inflated by visions of wealth from tulips (yes, tulips), international trade, railroads, biotechnology and the Internet. Their bursting has been disastrous for individuals and entire nations.The U.S. and other countries are still reeling from the collapse of the recent housing bubble. Bubbles definitely merit in-depth study for a better understanding of how they develop, how to predict them, and how to contend with the economic mess created when they burst. At NJIT, this is the goal of Professor William Rapp, director of the School of Management’s new Leir Center for Financial Bubble Research, www.leirbubblecenter.org. Coming up, Sept. 14-15, 2012, the center will host a conference on policies to contain the negative effects of bubbles without hindering economic progress. READ MORE>>
	NJIT FEATURED IN THE PRINCETON REVIEW'S "THE BEST 300 BUSINESS SCHOOLS: 2011 EDITION" NJIT is an outstanding business school, according to The Princeton Review. The education services company features the school in the new 2011 edition of its book, "The Best 300 Business Schools". "The Best 300 Business Schools: 2011 Edition" has two-page profiles of the schools with write-ups on their academics, student life, and admissions, plus ratings for their academics, selectivity, and career placement services. In the SOM profile, the Princeton Review editors describe the school as having "the edge in technology and related fields." READ MORE >>
	NJIT is Home to New Jersey Innovation Acceleration Center The New Jersey Innovation Acceleration Center, a collaborative resource for entrepreneurs, is open for business at the New Jersey Institute of Technology. NJIT has a long history of technological research and the Center is designed to bring those resources together with students, faculty and other entrepreneurs to create cutting edge innovation and empower bold ventures. A key defining factor of the Center is the focus on helping ventures accelerate their growth achieving time to market and time to profitability milestones. Another key goal of the center is to intensify the connections between the academic and entrepreneurial communities. For the many years, professors from the NJIT School of Management have been working with companies from the Enterprise Development Center (EDC), the new business incubator at 211 Warren St., Newark. While the New Jersey Innovation Acceleration Center is a new addition to the entrepreneurial scene in New Jersey, it is already bringing people together. For more information please contact Michael Ehrlich (Ehrlich@adm.njit.edu) or Judith Sheft (Judith.Sheft@njit.edu).
	Congratulations to Professor Alan Yan on becoming a CFA charterholder! Professor Yan can sponsor up to 5 students to take CFA (The Chartered Financial Analyst) exams under student scholarship program. Student scholarships are only available to new Level I candidates enrolling and registering for the first time. Applicants must be full-time college or university students in their final undergraduate year, scheduled to receive a bachelor’s degree (or equivalent), or full-or part-time graduate students. Please refer to this information page for details on the program and eligibility. Professor Yan may also be contacted directly for more information at zyan@adm.njit.edu or 973-596-3260.

Historical News and Events

SOM and EDC partnered to teach Entrepreneurial Strategy and Market Planning and Analysis
EMBA-MB8 University Orientation.
TEDxNJIT Think BIG – Think Small.
EMBA-MB8 Curriculum Orientation.
Graduate Domestic Students Orientation.
Graduate International Students Orientation
Graduate Studies in Business Information session
NJIT Experience Day - Prospective students network with faculty
Student Business Club Meeting
EMBA 3rd Annual Conference: Business Realities in a Time of Transition
Freshmen Welcome Breakfast
PNC: Employment Information for Seniors
Leir Center for Financial Bubble Research Conference
Executive MBA Orientation
Undergraduate Programs Information Sessions
Brick City Meet Up
People to Business (P2B) Talent Network Meet-up
NJIT School of Management: information sessions
Commencement
SOM Graduation Party
TEDxNJIT Event
The 3rd Annual Innovation & Collaboration Research Showcase,
First Investors Information Session
NJIT Experience Day
Internal Auditing and Forensic Accounting Professionals speaking
Mixing Business Know-How and Fine Dining.
SOM Awards and Induction Ceremony.
SOM Launches Live Cases Program As an Innovative Teaching Tool
Executive MBA Students Meet with Congressman in Washington D.C.
SOM Awards Ceremony & Beta Gamma Sigma Honor Society Induction

Click here to read more>>