Knowledge for a new world™

The UniversiTy of Texas aT san anTonio

2010 AnnuAl Review

College of business

UTSA College of BUSineSS

one UTSA CirCle

SAn AnTonio, TexAS 78249

(210) 458-4313

www.BUSineSS.UTSA.edU

administration

dean dr. lynda Y. de la Viña

senior associate dean dr. daniel Hollas

associate dean, downtown dr. Juan gonzalez

associate dean, executive education dr. robert lengel

associate dean, undergraduate studies dr. lisa Montoya

associate dean, graduate studies and research dr. diane walz

department chairs

accounting dr. James e. groff

economics dr. Kenneth weiher

Finance dr. lalatendu Misra

inFormation systems and technology management dr. glenn dietrich

management dr. robert Cardy

management science and statistics dr. raydel Tullous

marketing dr. l. J. Shrum

staFF

editor wendy frost

writers wendy frost

Marianne McBride lewis

rebecca luther

copy editors Joe Michael feist

lety laurel

photography Patrick dunn

Mark McClendon

graphic design Coral diaz

UTSA Business is an annual publication for alumni, faculty, staff and friends of the UTSA College of Business.

on the cover: interior images from the Business Building include two panels from "San Antonio drawing window" featuring hand-painted images by dale

Chihuly (left and right) and a ceiling medallion from the building (middle).

AccolAdes 2

speAker spotlight 10

pArtnerships 12

FAculty Forum 15

student spotlight 19

AdministrAtion 22

Alumni notes 25

college BeneFActors 30

Advisory council 32

features

the pulse oF heAlth cAre

the heArt oF An entrepreneur

chArting the course

Fighting cyBercrime

4

8

6

23

UTSA BUSINESS TABLE OF CONTENTS

AccoladesBusinessWeek ranks College’s MBa PrograM

The UTSA College of Business was ranked as one

of the top flex MBA programs in the nation by

BusinessWeek in its biennial 2009 business

school rankings. The MBA program was ranked

fourth in the Southwest and 28th nationally. This

is the second consecutive year that the college

has been ranked by BusinessWeek.

“The MBA is our signature program in the

college, and we are honored to once again be

included in the BusinessWeek rankings,” said

dr. lynda de la viña, dean of the college. “This

ranking further validates the strength and quality

of our MBA program. what is most impressive

is that we were ranked highest in the categories

based on student satisfaction and academic

quality.”

The college ranked 10th in the student satisfac-

tion category and received top marks for its

teaching quality, caliber of classmates and

curriculum. More than 99 schools participated

in this year’s ranking.

BusinessWeek ranked the top five part-time MBA

programs in six geographic regions. Schools

included in the Southwest regional ranking were

(1) rice, (2) Southern Methodist University, (3)

The University of Texas at dallas, (4) The Univer-

sity of Texas at San Antonio and (5) The Univer-

sity of Texas at Austin.

Three measures were used to compile the rank-

ings. first, a student survey was sent to part-time

MBA students to measure general student satis-

faction. Then, academic quality was assessed

based on six equally weighted measures: average

gMAT score, average work experience, percentage

of tenured faculty teaching in the program,

average class size, number of business electives

available to part-time MBA students and the

program’s completion rate. finally, post-MBA

outcomes such as advancement in current posi-

tion, new jobs and attainment of career goals

were determined based on survey responses.

The UTSA College of Business offers a portfolio

of 26 graduate business programs that are known

for their high quality and affordability, including

the MBA, MBA international, noon MBA and

executive MBA.

graduate PrograM nationally ranked By the PrinCeton review

The Princeton Review has again named the UTSA

College of Business one of the top 10 MBA programs

providing the “greatest opportunity for Minority

Students.” The national ranking appeared in the 2010

edition of The Princeton Review and is the fifth year

the college has been ranked.

The UTSA College of Business was ranked no. 5 and

shared the spotlight with schools such as Howard

University, Thunderbird, University of Michigan and

University of Miami.

“nationwide, MBA programs average only 10

percent minorities. UTSA is leading the nation

with more than 36 percent of our graduate student body

being minorities,” said dr. lynda de la viña, dean of the college. “in addi-

tion, our faculty is diverse as well with 25 percent representing minority groups.”

The Princeton Review conducted surveys of 19,000 business students and received institutional

data from universities to round out its rankings. Business schools were judged by those offering

the greatest opportunity for minority students based on percentage of minority students, percentage

of minority faculty and resources for minority students.

College ranked no. 5 in the nation By hisPaniC Business

The UTSA College of Business has been ranked

the no. 5 graduate business school in the nation

for Hispanics by Hispanic Business in its

September 2010 edition.

“we are honored to be recognized by Hispanic

Business,” said dr. lynda de la viña, dean of the

UTSA College of Business. “This ranking speaks

to the quality of our academic programming and

the services that we provide our MBA students.

it elevates the college into the upper echelon of

business schools in the nation.”

This is the third year that the College of Business

has been ranked in the top 10 and the 13th year that Hispanic Business has conducted its study. The

rankings (in order) included UT el Paso, new York University, UT Austin, University of Miami, UTSA,

University of new Mexico, Stanford University, florida international University, duke and the University

of wisconsin at Madison.

Hispanic Business ranked the top 10 universities nationally in business based on five criteria: enroll-

ment of Hispanics, percentage of full-time Hispanic faculty members, availability of student support

and services, retention rates and graduate program reputation.

2

BriefCase Brigade MarChes away with first-PlaCe finish

for the third straight year, the UTSA College of Business Briefcase Brigade won first place in the

amusements category during the San Antonio Battle of flowers parade in April.

The brigade, composed of business faculty, staff, students and alumni, performed a “precision”

briefcase dance routine to the song “Taking Care of Business.” The college’s entry also featured a

large roadrunner mascot and the UTSA cheerleaders. The group was led by shavonne conroy, singer,

actress and daughter of former accounting faculty member dr. russell Briner.

Alumna rosemary Falcon, ’84 traveled from washington, d.C., to participate in the parade. She works

in the UT System office of federal relations in washington.

Student participants were cristy Borman, Juan cabrera, megan chavez, michele garza, marlena gonzales,

miguel hinojosa, emily Jones, patricia lara, nicole munoz and Jose velasco.

faculty participants were dean lynda de la viña, keith Fairchild, Juan gonzalez, dan hollas, dennis lopez,

lisa montoya, chino rao, yiuman tse and karen williams.

Staff participants were maureen Bird, Jennifer courtney, laura earleywine, wendy Frost, lisa gomez,

michele Jura, mary kalicki, kim kyle, deryl martin, cheri mcmaster, elaine miller, peter morales, marjory

newman, Judy olivarez, kathy pope, eddie salinas and sandy wenzel.

real estate PrograM toP in texas

According to a recent study, the real estate

finance and development program in the College

of Business was ranked 28th in the world for its

research productivity. UTSA was the top ranked

real estate program in Texas.

The study, which examined more than 800 uni-

versities, was published in The Journal of Real

Estate Finance and Economics. it examined

research publication page counts from 1973 to

2008 that appeared in The Journal of Real Estate

Finance and Economics, Journal of Real Estate

Research and Real Estate Economics.

The real estate finance and development pro-

gram offers a bachelor’s degree in real estate

finance and development, a master’s degree in

construction science and management and gradu-

ate-level real estate finance concentrations. The

comprehensive academic and professionally inte-

grated program prepares students for careers

managing businesses associated with real estate,

and the planning, financing, developing and con-

struction of building projects. ■

BBA no. 3 in the nation degrees Awarded

to hispanicsHispanic Outlook

MBA4th in the southwest

BusinessWeek

5th in the nation hispanic Business

5th in the nation princeton review

28th in the nation BusinessWeek

The College of Business BriefCase Brigade has won firsT plaCe in The san anTonio BaTTle of flowers parade for The pasT Three years.

3

4

FEATUrE

5

s ince being named dean of the

UTSA College of Business in 2005,

dr. lynda y. de la viña has led the

college on a remarkable journey

to achieving national recognition.

A graduate of rice University and a rio grande

Valley native, de la Viña has charted a course

of firsts throughout her career: first Mexican

American woman to achieve a Ph.d. in econom-

ics in the United States; first Mexican American

woman to serve at the secretarial level of the

U.S. Treasury; and the first Hispanic female

dean to lead the UTSA College of Business.

whether she is logging late nights in the office

or making her rounds in the business community

attending banquets and business meetings, she

has remained true to her vision and steadfast

on her path of achievement.

what do you see as your Biggest aCCoMPlishMent as dean? My biggest accomplishment has been unifying

the College of Business and awakening them

to their true potential. when i came back to

UTSA after working at the U.S. Treasury, Johns

Hopkins and with other top east Coast business

schools, i knew we had the quality of faculty,

professional staff, students and academic

programs to attain international recognition. But

first they had to believe we could achieve these

things. i needed to provide the leadership that

would unite the college and bring the college

together under one vision.

how did you unite the College of Business? There were several different strategies that we

employed. first, we needed to come to a con-

sensus about our future. following a comprehen-

sive strategic planning session, we created five

strategic themes that carried across the college.

These thematics allowed us to focus on our

similarities, not our differences within the disci-

plines. The thematics were key to the vision.

looking at the college with new eyes, we could

now focus on the goal of obtaining national and

international rankings for the college.

how did you so raPidly aChieve your goal of national reCognition? first, the college was given valuable support

and leadership from president ricardo romo,

who gave me the imprimatur to move the

College of Business to Tier one.

our goal was to obtain national recognition in

five years, we accomplished that goal in three.

we’ve been named the no. 5 MBA program in

the nation for Hispanics by Hispanic Business,

BusinessWeek has ranked our MBA program no.

28 in the nation and no. 4 in the Southwest,

and for the past five years The Princeton Review

has named us one of the top 10 graduate

business programs in the nation for minorities.

Beyond these collegewide rankings, we’ve

also obtained national recognition based on

the research of our faculty members and within

individual disciplines such as marketing, real

estate, finance and management. And, within

academia, we have made a name for ourselves

by establishing six academic journals within

the college, developing new academic programs

and graduating top doctoral students from six

Ph.d. areas.

what Challenges did you faCe in attaining your goals? internally, the challenge was to move the

college on a steep trajectory toward externally

recognized excellence. first i needed to build

the college infrastructure and set faculty and

student standards and milestones. we were the

first college at UTSA to implement enrollment

management by setting admissions and exit

policies. our faculty also voted to establish high

standards with a six track workload system. we

needed the people, programs and facilities to

achieve our goal.

A tougher challenge was changing the perception

of the community. As the seventh-largest city in

the country, San Antonio deserves a

first-class, nationally ranked business school.

Much of our focus related to positioning and

branding the college within the community,

state and nation. we needed to earn the respect

of the community and get them on board in

order to be successful. i spent much of my first

two years out in the community building those

relationships.

what suCCesses have you seen in your key theMatiCs? globalization—we are now well respected in

international academic circles. we were invited

to be a full member of the european foundation

for Management development and are currently

pursuing international accreditation to match

our AACSB accreditation.

we’ve reshaped our international programs to

better meet the needs of our students and estab-

lished 10-day immersion programs for our stu-

dents to experience business abroad in countries

such as Brazil, Morocco and Spain. we bring in

international speakers to campus to expose all

students to international perspectives.

And we’ve created a bilingual business certifi-

cate program and a Border Corridor program so

ChArting the CourseA Q&A with Dean Lynda Y. de la Viña

our students can learn how to do business in

Spanish and with our southern neighbors.

security—we have become leaders in the area

of information assurance and security (iAS),

highly unique in a business school. we’ve

opened the new Advanced laboratories for

information Assurance and Security, hired a

cybersecurity expert as our AT&T distinguished

Chair in iAS and have garnered designations

as a Center of excellence from the national

Security Agency and the department of

Homeland Security in conjunction with UTSA

for both our educational and research efforts in

this field.

capital markets—following the financial melt-

down, we hosted community forums to help

educate the public on the crisis. in addition,

we built the financial Studies Center to educate

students to work in the complex world of high

finance, and also to serve as the home for the

college’s financial literacy programs spearheaded

by our latino financial issues program.

in less than three years, we’ve taken a boutique

construction management program and turned

it into a major force in the college as the newly

revamped real estate finance and development

BBA program. And, in the area of accounting,

we have achieved separate AACSB accreditation

through the doctoral level for our accounting

programs. There are only 70 accounting

programs in the world that have attained

this accreditation.

leadership/entrepreneurship—while serving

on the governor’s emerging Technology fund

advisory board, i developed the idea of partner-

ing with engineering to create our highly suc-

cessful Center for innovation and Technology

entrepreneurship. The program has grown to

include entrepreneurship education, a venture

lab incubator and interactions within the com-

munity. The hallmark of that program is our

100K Student Technology Venture Competition.

Through our Center for Professional excellence,

we’ve also developed specialized leadership

programs that have been conducted for top local

companies while continuing to run a unique

executive MBA program that focuses on trans-

formational leadership as well as an undergradu-

ate leadership Challenge program.

health/technology—with the support of the late

gov. dolph Briscoe, we established the Janey

S. Briscoe endowed Chair in the Business of

Health. we have built a new MBA concentration

in the Business of Health and developed the

university’s first dual degree MBA/MPH program

with the Houston-based University of Texas

School of Public Health’s San Antonio regional

campus. we’ve also collaborated with the UT

Health Science Center at San Antonio on our

new Ph.d. program in applied statistics.

with our continued focus on technology, the

college’s Management of Technology program

has built a lasting partnership with the Canary

islands that has resulted in student exchanges

and academic research partnerships. in addi-

tion, our first class of graduate students will

complete their degree this fall as part of an

on-site program in collaboration with Southwest

research institute.

what Brought you the Most joy during this journey? everyone usually laughs when i tell this story,

but for me, knocking down the walls on the

second floor to create our Center for Student

Professional development has the most mean-

ing. Knowing that we were building something

that would impact all 5,600 of our students

and their professional futures was powerful.

i’ve also enjoyed establishing traditions within

the college that have brought together our

faculty, staff and students such as the Briefcase

Brigade, which has marched and won first place

in the Battle of flowers parade for the past three

years, as well as our faculty/student softball

game and alumni receptions.

walking in the office every day i am thankful

for all the people that i work with, whether

it is the faculty, professional staff, administra-

tors or advisory board members. i am astounded

by the professionalism of my colleagues, and the

great team that we have in the CoB.

what do you see in the future for the College of Business? we’re entering into the next phase of strategic

planning for the college this fall. we will look

at the future to see if any path corrections are

needed and to explore opportunities to develop

new pathways to excellence.

it will be a time for faculty, staff, students,

university leaders, alumni and community

leaders to explore together and assess our

strategy so that the college’s vision will remain

bold and far reaching. ■

Vision statement

The College of Business

is dedicated to creating

and sharing knowledge

that enhances the transla-

tion of theory to practice;

combines rigor with rele-

vance and provides inno-

vative solutions to global

business challenges.

6 7

the pulse of heAlth CAre

the college, under the leadership of

dr. dana Forgione, the Janey S. Briscoe

endowed Chair in the Business of

Health, has launched a new MBA

concentration in the Business of Health.

A dominant force in the San Antonio economy,

the health care and biosciences industry employs

more than 116,000 individuals and represents

14 percent of the San Antonio workforce. And,

with the new national Affordable Care Act and the

growth of the country’s elderly population, health

care will remain a pressing issue in the future.

“As the only UT System business school co-

located with a health science component,

it seemed opportune to focus in this field,”

said dean lynda de la viña. “Coming from Johns

Hopkins, i’ve seen the value of partnering busi-

ness with the medical community.”

Taught by academic professionals as well as

practitioners from the health care community,

the UTSA program provides a strong academic

foundation for a successful career in health care

management. The program teaches the practical

skills necessary to become a leader in today’s

changing health care industry with a defined

focus on applied financial and managerial skills.

“This program is critical if you are in the health

care industry,” said russell Fail, ’02, MBA ’04,

director of operations at north Central Baptist

Hospital in San Antonio. “Courses that focus on

these financial aspects can’t be found anywhere

else locally. it focuses on the coursework that you

need to be successful in health care.”

Students receive general business course

work as part of the MBA program as well as

specialized health care courses such as Seminar

in Medicare regulation, legal and Tax Strategies

for Healthcare organizations and Healthcare

Management. Additional courses include

Accounting for Healthcare organizations,

legal, ethical and Social issues of Healthcare

Management, Healthcare economics, and

organizational and Managerial issues in

Healthcare.

“i was hooked after my first course,” said

John halloran, ’91, a financial analyst with

San Antonio’s warm Springs rehabilitation and

a graduate student in the program. “The class

was small, but the students brought in perspec-

tives from a variety of health care industries.

we learned from each other and the cross sharing

of information. The program applies to my work

100 percent.”

leading the scholarly team is forgione, a dis-

tinguished academic and pioneer in health care

financial management who has published more

As the landscape in health care is changing rapidly throughout the nation, a new program established in the UTSA College of Business is addressing the value of business in the health community.

than 100 articles and papers. His research inter-

ests are in comparative international health care

financing systems, cost and quality of care, as

well as external audits, governance and financial

distress of health care organizations. His consult-

ing work has been used twice by Congress in

major national health care policy deliberations as

well as by the State of Texas in landmark charity

care legislation.

“with the focus of the new health care reform

bill on financial reform, the health care industry

will need individuals who can navigate this finan-

cial environment,” said forgione, who holds a

joint appointment

with the UT School

of Medicine.

in addition to the

MBA concentration,

a new MBA/MPH dual

degree program has

been established with

the Houston-based

University of Texas

School of Public

Health’s San Antonio

regional campus. The

collaborative program

will prepare students

to integrate business

and public health skills

in their professional

lives as managers and

administrators.

in addition to general

MBA coursework, stu-

dents receive train-

ing in biostatistics,

environmental health

science, epidemiology

and public health

policy management.

Students can customize the program to meet

their interests and educational goals while com-

pleting the degree in three years.

Providing valuable community feedback, a

14-member Business of Health Advisory Board

was established this spring to work with faculty

on academic program development and to provide

partnerships within the industry to enhance pro-

fessional and career development opportunities

for students.

“our advisory board represents an excellent

cross section of the health care industry,” said

forgione. “we have representatives from the

public, private, military and academic sectors.

They understand our program and want to help

us develop it.”

Chairing the board is richard priore, senior vice

president and chief development officer with the

nix Healthcare System. Bringing more than 18

years of experience in the military and private

health care sectors, he is also teaching a new

health care course targeted at undergraduates

at UTSA.

“i want to be a part

of developing future

health care leaders,”

said Priore, a fellow in

the American College of

Healthcare executives.

“These are challenging

times in our health care

system, and we need

confident, well qualified

and passionate lead-

ers who can serve this

industry. we can make

UTSA a leading institu-

tion in the business

of health.”

now that the program

is up and running,

forgione has two main

goals. first, expand

the student base of the

program and, secondly,

achieve accreditation

by the Commission

on Accreditation

Healthcare Management

education (CAHMe).

“with the military consolidating all their medical

branches in San Antonio, this is a tremendous

opportunity for student growth in our program,”

said forgione. “And, our board is focused

on helping us obtain CAHMe accreditation.

Accreditation will increase the visibility and

recognition of our program and will allow us

to build more formal relationships with certain

employers. our goal is to become accredited in

two to three years.” ■

richard priore, Chair Senior Vice President and Chief development officer nix Healthcare System

alan preston, Co-Chair Co-founder Synergist research

david Bitterman deputy Commander for Administration Brooke Army Medical Center

charles Braun, ’91 Chief financial officer Metropolitan Methodist Hospital

david cappelli Associate Professor of Community dentistry UT Health Science Center at San Antonio

sharon cooper regional dean School of Public Health UT Health Science Center at Houston San Antonio Campus

Joseph gonzales Manager, deloitte llP

thora Jackson Practice Administrator rashid, rice & flynn eye Associates

thomas mayes, eMBA ’01 Chief executive officer University Medicine Chairman of the department of Pediatrics, School of Medicine UT Health Science Center at San Antonio

douglas murphy Associate dean School of Health Professions UT Health Science Center at San Antonio

armando polanco owner Texas Benefit

kathleen Quiroz Practice group leader oppenheimer Blend Harrison & Tate

william rasco President and Chief executive officer former greater San Antonio Hospital Council

carol reineck Chair and Associate Professor School of nursing UT Health Science Center at San Antonio

Business of health advisory Board

FEATUrE

dr. dana forgione

8

FEATUrE

9

fighting CyberCrime

arenowned expert in the field of

cybersecurity, Chang has joined the

UTSA College of Business as the

inaugural AT&T distinguished Chair

in infrastructure Assurance and

Security. He previously served as the associate

dean of information technology and director of

the Center for information Assurance and Security

at the University of Texas at Austin.

“it is an honor and a privilege to have been

selected as the inaugural AT&T chair,” said

Chang, who was awarded the national Security

Agency director’s distinguished Service Medal in

2006. “i chose UTSA because the vision and

direction of the College of Business and the uni-

versity are consistent with my goals. The faculty

and students are outstanding, and the city of San

Antonio has become a recognized center of gravity

for cybersecurity in the United States.”

The $1 million AT&T distinguished chair was

spearheaded by Jim kahan, former AT&T senior

executive vice president and College of Business

Advisory Council chair. AT&T was instrumental in

helping to secure funding from various regional

and national sources and was also a principal

donor. Additional start-up funding was provided

by director of the Bank of San Antonio richard t.

schlosberg and his wife katharine, and graham

weston, executive chairman of rackspace.

Chang’s 30-year technology career has included

positions as director of research at the national

Security Agency and president of technology strat-

egy for SBC Communications. Chang is a member

of the Commission on Cybersecurity for the 44th

Presidency, and he is a former member of the

Computer Science and Telecommunications Board

of the national Academies.

“The appointment of dr. fred Chang solidifies the

college’s information assurance and security pro-

gram as one of the premier information security

programs in the country,” said College of Busi-

ness dean lynda de la viña. “His broad expertise

and leadership in information assurance and

In a game of capture the flag, you’d want Dr. Frederick R. Chang on your team. Known as a defensive specialist in the field of cybersecurity, he’d argue that while you can’t ever stop someone from capturing your flag, you can build bigger walls and also learn how to recover quickly from the attack.

FEATUrE

cybersecurity will elevate the college’s research

efforts and stimulate research activity with our

junior faculty and doctoral students.”

Chang will also serve as director of the informa-

tion Assurance and Security (iAS) program and

professor in the department of information Sys-

tems and Technology Management in the College

of Business. He is charged with leading the col-

lege’s information assurance program, managing

research labs and developing strategic partner-

ships locally, regionally and nationally.

“My goal is take our iAS program to the next

level,” said Chang. “i hope to be involved in a

variety of game-changing research initiatives in

cybersecurity. i also want to build on the out-

standing educational programs in the college

to improve their quality and reputation and help

fill the shortage of well-trained cybersecurity

professionals.”

Chang is prioritizing his research into three dis-

tinct areas. first, he’d like to create a network

and systems security test bed that will allow

researchers to emulate and study a wide variety

of cybersecurity topics.

“The global cybersecurity problem has now

reached an alarming level of severity and unfortu-

nately, the problem is growing in scope and inten-

sity,” said Chang, who completed his master’s

and doctoral work at the University of oregon.

“The conventional thinking is that a line of

demarcation or a firewall surrounds this ‘secret’

flag on the inside.

“experts work to make that wall impenetrable,

but you can’t keep the adversaries out. They’ll

figure out a way to get through the wall. The

larger question is how do you recover to a known

safe state once you’ve been compromised? How

do you recover an entire network?”

Chang is also planning on conducting research

in the economics of security. “Corporations can’t

track how secure they are for the money invest-

ed,” said Chang. “Should they buy a new state-

of-the-art firewall or buy a cyber insurance policy?

The bottom line is vital to businesses.”

finally, the last area of research focuses on the

social science of cybersecurity. Chang plans to

create a behavioral data research lab to study

cybersecurity from a social science perspective.

“Hackers will try to find the weakest link in a

computing system and compromise the system at

that point,” said Chang. “As technical counter-

measures improve, human users are increasingly

the weakest link.”

As UTSA strives for Tier one status, Chang’s

appointment will elevate that bid with his suc-

cessful track record in receiving and managing

grant funding. He has managed a multi-million

dollar research unit which has held contracts with

raytheon Company, lockheed Martin Corporation

and Progeny Systems.

He will also contribute to the university’s area

of excellence in security. The information assur-

ance and security program at UTSA was recently

designated a Center of Academic excellence in

information Assurance research by the national

Security Agency. only 47 programs in the nation

have achieved the research designation. UTSA

has also been designated a Center of Academic

excellence in information Assurance education

since 2002 based on the curriculum in the Col-

lege of Business.

“Based on the national reputation that we are

creating through our information assurance pro-

grams, it is my hope that many students of all

ages, in Texas, in the United States and beyond,

decide that they would like to be involved in

fighting cybercrime, and that they want to come

to UTSA to study cybersecurity and conduct

research,” he said. “when students ask, ‘where

can i go to study and learn and work with the

best?’ i want the resounding answer to be the

UTSA College of Business.” ■

10

speaker spotlight

11

entrePreneurs share their stories in the frost distinguished leCture seriesThe Frost Distinguished Lecture Series brings prominent business and community leaders to UTSA to share their knowledge and experienc-es with students and others in the university and business community. The lecture series, which has been continuously supported by Frost Bank since 1988, broadens students’ understanding of the business world and the individuals who lead it.

ethiCs syMPosiuM addresses finanCial Meltdown

“Ethical Behavior and the Financial Meltdown” was the theme for the Busi-ness Ethics Symposium held last fall. Speakers included members from aca-demia, the business community and recipients of the Ethics in Business Award from the San Antonio Ecumenical Center. The symposium allows stu-dents, faculty, business and community leaders to engage in an ongoing dialogue about the practice of business ethics and the role of moral wisdom for corporate social responsibility.

elaine mendoza president and chief executive officer conceptual mindworks, inc. nov. 30, 2009

“in business you have a framework of what you want to do, then you have a framework of how to get there,” said Mendoza, who is a member of the Texas Higher educa-tion Coordinating Board. “every day has a different challenge. every day has a different opportunity.

“i wanted a company that used technology to make a difference,” she said. “Technology that people could embrace to make their lives better.”

Conceptual Mindworks delivers highly technical solutions and services in biotechnology and medical informatics. in the private sector, it offers Sevocity, a robust electronic health record system focused on serving physicians in the ambulatory setting.

“Stop looking at what everyone else is doing and focus on your own path. dream big. what a wild ride it has been.”

John dienhart Boeing Frank schrontz chair of Business ethics seattle university

“As a manager we need to think about how we

create systems that encourage people to ask

questions,” said dienhart, who is a fellow of the

ethics resource Center in washington, d.C. “it

wasn’t that enron hired a bunch of crooks. But

they had goals and incentive systems that led

people down that path.”

dienhart noted four common traits within ethical

companies: modeling ethical behavior, communi-

cating ethics as a priority, keeping promises and

commitments and providing information about

what is going on within the organization.

“when an organization acts unethically, it is only

a matter of time before they do it to you. Compa-

nies with strong ethical systems focus first on

building a great business.”

“preventing the next Financial crisis: ethical leadership, institu-tions, and organizational design”

alfonso tomita, mBa ’01 president sushi Zushi, inc. April 22, 2010

“what do you need to start a busi-ness? Have a dream,” said Tomita, president of the Asociación de empresarios Mexicanos. “everything i learned about business was from the UTSA College of Business.”

The son of a Japanese entrepreneur that immigrated to Mexico, Tomita encouraged students to persevere, hire the best people and have patience and discipline.

“You are the company—whatever you do or don’t do affects the per-formance of the company. four principles that i adapted directly from [UTSA faculty member] Mark Phillips’ class to my company are truth telling, promise keeping, fair-ness and respect for the individual.”

Sushi Zushi, a chain of Japanese restaurants, opened in 2001 and has grown from one to seven restaurants including stores in Austin and dallas.

Patricia diaz-dennis retired senior vice president and Assistant general counsel At&t

“i wanted to share with you some life lessons

that are the common denominator of great lead-

ers,” said diaz-dennis, the former assistant

secretary of state for human rights. “lead your

life with purpose. At the end of the day we all

are just the result of the choices we’ve made

along the way. Both the good and the bad.

“genuine leadership requires character. The line

between right and wrong should never be crossed.

once you start compromising your values, you

never get a chance to regain your reputation.”

diaz-dennis concluded her presentation by

encouraging students to blaze their own trail,

be tough but fair and pay it forward. ■

“cowgirls didn’t start the Fire—how wall street could have avoided the Financial crisis”

Panel addresses health Care reforM “The future of Health Care” was discussed during the College of Business

Knowledge forum breakfast this spring. The panel addressed how the health

care reform legislation will impact providers, health plans, employers,

patients and other constituents.

Panelists were thora Jackson, rashid, rice & flynn eye Associates; Bruce

mitchell, oppenheimer Blend Harrison & Tate inc.; armando polanco, Texas

Benefit; and william rasco, retired health care executive. The panel was

moderated by dr. dana Forgione, the Janey S. Briscoe endowed Chair

in the Business of Health.

“A positive trend in health care is that the focus has been shifted to a

wellness approach, which i applaud,” said Polanco.

“Change is good, but it can also be scary,” said Jackson. “The biggest

change is that solo practitioners will start to disappear. Hopefully the

patients and the doctors don’t suffer because of it.”

The College of Business offers an MBA concentration in the Business of

Health that focuses on the financial and managerial aspects of health care

management. Taught by academic professionals as well as practitioners

from the health care community, the program provides a strong academic

foundation for a successful career in health care management.

The College hosTed a panel disCussion on healTh Care reform This spring To disCuss The new affordaBle Care aCT.

“the PraCtiCe of CorPorate ethiCs”

ray Berend

CPA, Padgett Stratemann & Co., llP

dr. ruth Berggren

Center for Medical Humanities and ethics

UT Health Science Center at San Antonio

martin naegelin Jr., ’86

rush enterprises, inc.

robert l. worth Jr.

r.l. worth & Associates, ltd.

“As ronald reagan said, ‘trust but verify,’”

said Berend. “The meltdown affected the

accounting industry from a totally different

perspective. we tend to be a beneficiary in

many of these cases. Because of Sarbanes

oxley, our business increased 20 percent in

dealing with new compliance issues.”

“Health care is an important part of the

equation when we consider the financial

meltdown,” said Berggren, a member of

the college’s Advisory Council. “in a recent

study, 62 percent of people filed bankruptcy

because of medical debt.”

“everyone knows the difference between

right and wrong, but we don’t always choose

the right path,” said naegelin. “we promote

an ethical culture within our organization.

ethics transcends into everyday life. it is

the way you conduct yourself every day.”

“i’ve been through two financial melt-

downs,” said worth, who serves on the

college’s real estate founders Council.

“our first concern is building long-term

relationships with our customers. Those

relationships are built on solid ethics.”

12

valero gift suPPorts graduate eduCation The Valero energy foundation, the charitable

arm of Valero energy Corp., made a $2.5 million

gift to support graduate students in engineering

and business. The College of Business received

$1.25 million to establish a graduate fellowship

fund. An additional $1.25 million will be

matched by the State of Texas through the

Texas research incentive Program. The funds,

which were secured by college Advisory Council

member clay killinger, were used to support

doctoral students.

“This gift demonstrates Valero foundation’s

commitment to education in San Antonio,” said

Bill klesse, Valero chairman and chief executive

officer. “it is our hope that these scholarships

will help people get a quality education and

enable them to work at companies like Valero

in the future.”

“The strategic vision

that motivated this

gift and its impact to

change lives reflects

Valero’s keen focus

on building better

communities,” said UTSA president ricardo

romo. “even in tough economic times, Valero

again demonstrates leadership in philanthropy

by investing in opportunities for San Antonio

students to be successful.”

iBC Bank funds faCulty fellowshiP dr. hamid Beladi, professor of economics, has been

named the inaugural iBC Bank Senior faculty

fellow at the UTSA College of Business. The

fellowship was established this spring by iBC

Bank to support faculty excellence.

“dr. Hamid Beladi is a renowned researcher and

faculty member in the College of Business,” said

dean lynda de la viña. “This fellowship will allow

him to conduct world-class research in internation-

al economics, particularly in the areas of interna-

tional trade and international migration of labor.”

“UTSA is one of the premier universities in

South Texas and is quickly transforming into a

world-class research institution,” said steve

edlund, iBC–San Antonio president and chief

executive officer. “The establishment of the iBC

Senior faculty fellowship position within the uni-

versity’s College of Business is just one way iBC

Bank continues to support education in our com-

munity. By working with UTSA, we hope to inspire

student learning and support the excellent faculty

at the university.”

A respected researcher in the field of international trade theory, Beladi has published more than 160

papers in academic journals. His research interests have centered on the pure theory of international

trade, technology transfer and joint ventures, exchange rate pass-through and international migration

of labor.

He edits three academic publications including the International Review of Economics & Finance,

Frontiers of Economics and Globalization and The North American Journal of Economics and Finance.

He holds a doctorate and master’s degree in economics from Utah State University.

partnerships

swBC suPPorts College’s Center for Professional exCellenCe The SwBC foundation has committed $100,000

to the UTSA College of Business in support of

capital renovations for the college’s Center for

Professional excellence.

“we are grateful for the investment that SwBC

has made in the College of Business,” said dean

lynda de la viña. “SwBC has been a longstanding

friend to the college. eMBA alumnus and college

Advisory Council Vice Chair cindy Jorgensen was

instrumental in securing this gift that will allow

us to continue to offer innovative programming

and services for both our students and the busi-

ness community.”

“UTSA students are the future leaders of San

Antonio,” said charlie amato, SwBC chairman

and co-founder. “in fact, a number of our

employees are graduates of UTSA, and their

programs are top notch. Knowing that the busi-

ness school is home to a number of leadership

programs makes this investment vital for the

local business community.”

The gift will provide catalyst funding for renova-

tions in the Center for Professional excellence.

new meeting and study space will be created for

eMBA students that will allow 24-hour access to

the facility to accommodate the schedules of

working professionals. in recognition of the SwBC

foundation gift, the College of Business will name

the center’s executive conference room the SwBC

leadership Commons.

The Center for Professional excellence is the

home of executive education programming in the

College of Business. recognized for its focus on

transformational leadership, it offers an executive

MBA program, executive training and leadership

development programs.

College’s advisory CounCil announCes new leadershiP mark metcalfe, regional vice president at wells

fargo Bank, has been named chair of the College

of Business Advisory Council. Metcalfe has served

on the council since 2006. patrick Frost, presi-

dent of frost Bank, has been named chairman

emeritus. He served as chair of the Advisory

Council from 2007 to 2010.

eleven new members have joined the Advisory

Council to serve three-year terms. They are craig

Berkowitch, senior manager at deloitte Consulting;

walter embrey, president of embrey Partners,

ltd.; michael garcia, ’85, chief financial officer

and senior vice president at omni Hotels and

resorts; Juan landa, principal at Matterhorn

Capital Management, llC; and daryl lansdale Jr.,

partner at fulbright & Jaworski l.l.P.

Also joining the council are laura mcnutt, MPA

’88, partner at weaver, llP; thomas mitchell Jr.,

director of facilities management consulting at

Booz Allen Hamilton; chris penrose, vice presi-

dent at AT&T Mobility; greg souquette, senior

vice president at H-e-B; todd walthall, senior

vice president of channel management at USAA;

and norman wright, site president and executive

vice president at Citibank, n.A.

The Advisory Council is charged with advising the

dean, faculty and staff on curricula and programs,

career planning and placement of students, alum-

ni engagement and external affairs. Members

provide a direct link between academia and the

business community and help ensure the rele-

vance of the college’s academic programming.

real estate founders CounCil naMes new exeCutive MeMBers tim swan, chief executive officer of Metropolitan

Contracting Co., lTd, has been named chair of

the real estate finance and development

founders Council. pat duncan, president and chief

executive officer of USAA real estate Company,

has been named vice chair.

established in spring 2008, the 31-member

advisory board is charged with furthering the

quality, visibility and growth of the college’s real

estate finance and development program and

providing financial support. Members meet twice

yearly and engage in the program through guest

lectures, support of student activities and profes-

sional development and mentoring.

aluMnus serves uP student sCholarshiPs BJ’s restaurant Brewhouse announced a

$50,000 scholarship commitment for business

students enrolled in the Honors College at UTSA.

The scholarship effort was led by San Antonio

native and UTSA College of Business alumnus

Jerry deitchle, MBA ’75, chairman, president and

chief executive officer of BJ’s restaurants, inc.,

a national restaurant headquartered in California.

This unique scholarship will provide $2,500 per

academic year in scholarship funding per student

as well as allow recipients an opportunity to apply

for a paid internship at an area BJ’s restaurant.

The internship will allow business students inter-

ested in pursuing careers in food service and res-

taurant management invaluable learning experi-

ence in the industry.

“we are proud that our alumnus Jerry deitchle

has stepped up to not only support academic

achievement for our business students, but also

to provide invaluable internship experience for our

students in the fields of tourism and hospitality

management,” said dr. lynda de la viña, dean of

the College of Business. “Academic support and

professional development are two areas which are

vital for our students.”

College naMed nshMBa Partner The College of Business has been named a

University Partner by the national Society of

Hispanic MBAs (nSHMBA). The partnership was

announced last fall during the nSHMBA San

Antonio Chapter banquet.

The University Partner program was established

by nSHMBA to increase the number of Hispanic

students completing degrees. Partners agree to

provide financial assistance to outstanding

Hispanic students. The first UTSA nSHMBA

scholarship was awarded in fall 2010.

The college has been active with nSHMBA since

2001. in 2006, the college received nSHMBA’s

Brillante Award for educational excellence, their

most prestigious award. nSHMBA’s mission is to

foster Hispanic leadership through graduate man-

agement education and professional development.

Congressional leaders host CyBer ConsortiuM Congressman ciro rodriguez hosted a roundtable discussion with San

Antonio area network experts last winter co-sponsored by UTSA, the

greater San Antonio Chamber of Commerce and the Cyber innovation

and research Consortium.

Special guests included Congresswoman loretta sanchez, vice chair of the

House Homeland Security Committee; richard perez, president of the

greater San Antonio Chamber of Commerce; and maj. gen. richard e.

webber, commander of the 24th Air force in San Antonio.

Presentations included an overview of the strengths of San Antonio as a

“Cyber City,” a cyber consortium update and a presentation on the UTSA

information Security Community by dr. lynda de la viña, dean of the College

of Business.

following the roundtable, the participants were given a tour of the college’s

new Advanced laboratories for information Assurance and Security (AliAS).

dr. nicole Beebe, assistant professor of information systems, demonstrated

the capabilities of the lab and conducted a computer forensics exercise.

AliAS supports a broad spectrum of security-centric activities within the

College of Business. The lab’s secure server area supports faculty research

in network intrusion detection, development of forensic search algorithms

and security modeling. The lab includes two advanced technology classroom

areas that support student coursework in digital forensics, network and tele-

communications security, secure operating system development, secure code

development and biometrics.

rep. Ciro rodriguez, CoB dean lynda de la Viña, rep. loreTTa sanChez, maj. gen. riChard weBBer, uTsa presidenT riCardo romo and riChard perez, presidenT of The san anTonio ChamBer of CommerCe, parTiCipaTe in The CyBerseCuriTy forum.

13

14

pArTNErShIpS

15

the value of teaChing for the first class he taught at UTSA, ron sweet gave his students a comprehensive exam

that was more than 30 pages long. At the time, he felt like he needed to test them on

everything they had covered in class. no more.

“That’s what i love about teaching: i get to start fresh every semester,” he said. now he

might pose only a few essay questions, with at least one as open-ended as “what is the

essence of finance?” finance is a conceptual field, he said, so students have to be willing

to do some detective work and be able to handle ambiguity.

Sweet has been able to devote even more time to tweaking his syllabi and challenging his

students since retiring from USAA in 2009. He worked for 23 years at the fortune 500

company, most recently as head of equity investments, where he was responsible for $40

billion in investments.

in addition to teaching four classes each semester, Sweet also serves as faculty adviser

for the three-year-old investment Society. The club, now close to 50 members strong,

has been getting some real-world exposure to investing by shadowing Sweet in analysis

and research for an equity portfolio of a nonprofit he started. The nonprofit supports

two doctors who provide medical services on a Cabecar indian reservation in Costa rica.

Sweet also has started microlending in Costa rica, and his students are helping evaluate

those loans.

Add the investment Society’s three-times-a-week meetings to his courseload, and

retirement has been keeping Sweet pretty busy.

“i’ve got all this time now, and i spend most of that time with the students,” he said.

“People ask me how many kids i have, and i say, “‘oh, about 150.’”

utsa faCulty suPPort student suCCess giving back to UTSA to help fund student

success, several College of Business faculty

members have shown their support of the college

by funding scholarship programs for students.

dean lynda de la viña established the Viña-Valero

Scholarship this year using an honorarium

received from Valero. The gift will support eco-

nomics undergraduate and graduate students in

the College of Business.

dr. Jerry keating, professor of statistics, and

dr. steve werling, lecturer iii in management,

have both established endowed scholarships in

the college for students in statistics and human

resources respectively. dr. victor heller, associate

professor of marketing and director of executive

education, has used the proceeds from his book

royalties to help fund the college’s general schol-

arship fund open to all business majors.

“The scholarship was a lasting way that i could

give back to the university,” said Keating, who

used book royalties to fund the scholarship. “A

gift from a faculty member means a great deal

to students. over the years students have not

only expressed thanks for the scholarship, but

they have also donated to the scholarship.”

retired real estate faculty member warner

Fassnidge created the warner f. fassnidge

Scholarship in 2006 while he was still teaching.

recently endowed, the scholarship will support

real estate students in perpetuity.

“faculty and staff who give philanthropically to

UTSA demonstrate a level of commitment that

speaks volumes to our alumni, students and the

community at large,” said kim west, executive

director of advancement. “Beyond the dedicated

service that UTSA employees show through their

work, giving shows a devotion to the UTSA mis-

sion that goes way beyond any one person’s job

description.”

harvard Business CluB MeMBers Mentor students The college’s Center for innovation and

Technology entrepreneurship (CiTe) partnered

with the Harvard Business Club to establish

the CiTe Mentor network, a mentoring program

for student entrepreneurs participating in the

biannual $100K Student Technology Venture

Competition.

The mentorship program is led by william

tolhurst, ’85, president of the Harvard Business

Club. A professional mentor is paired with each

student team participating in the competition.

The mentors acted as advisers to the start-up

companies, provided professional guidance and

utilized their network of contacts to provide sub-

ject matter experts in key areas such as venture

financing, business strategy and market research.

“i am personally motivated to help students real-

ize that there are other opportunities available

to them beyond the more traditional employment

tracks,” said Tolhurst, who received his under-

graduate degree in electrical engineering. “These

opportunities can enrich both the students and

the San Antonio community, and over the years

help develop a strong and vibrant culture of

technology entrepreneurship.”

Since the inception of the program last fall,

17 mentors have participated.

“Perhaps the most eye-catching motivator to our

mentors is the chance to be part of something

that is truly unique, not only locally but national-

ly,” said Tolhurst. “while it’s a delight to see

new companies formed by these teams, the pri-

mary objective remains enriching the educational

experience of the students.”

The $100K Student Technology Venture

Competition is the major student entrepreneurial

event at UTSA, giving students hands-on experi-

ence as early stage entrepreneurs. Teams of

senior business and engineering students work

throughout the semester to develop a technology

demonstrator and business plan to successfully

develop a new company. More than 300 students

have participated in the competition since its

inception in 2007. ■

usaa hosts networking event for students

USAA partnered with the College of Business

to host USAA day for business students last fall.

The event included table recruiting, presentations

by more than 15 USAA executives and a network-

ing luncheon.

wayne peacock, executive vice president of enter-

prise business operations at USAA, was the key-

note speaker. Peacock shared insights from his

career development, discussed skills required of

today’s employees and highlighted recent innova-

tions at USAA during the networking luncheon.

The event was co-sponsored by the college’s Cen-

ter for Student Professional development. More

than 1,500 business students participated in the

networking event. Business sTudenTs meT wiTh usaa exeCuTiVe ViCe presidenT wayne peaCoCk during The usaa neTworking day lasT fall.

faculty forumfaCulty reCeive regents' teaChing award

Business faculty members dr. thomas cannon, senior lecturer in marketing, and dr. richard utecht, associate professor of marketing, were named recipients of the 2010 UT System regents' outstanding Teaching Award. only 72 faculty in the UT System were chosen for this award, only nine at UTSA.

Cannon was honored for his creativity in the classroom and his devotion to students through mentoring, internships and independent study. He is a past recipient of the President’s distinguished Achieve-ment Award for Teaching excellence and the dean’s Teaching excellence Award. He has taught in the college since 1997.

Utecht has taught at the undergraduate, graduate and doctoral level at UTSA since joining the faculty in 1988. He historically receives some of the highest teaching evaluations in the college and through-out the university. He is also a past recipient of the President’s distinguished Achievement Award for Teaching excellence and the dean’s Teaching excellence Award.

The awards range from $15,000 to $30,000 and are given to faculty members who demonstrate extraordinary classroom performance and innovation at the undergraduate level. Award nominees must demonstrate a clear commitment to teaching and a sustained ability to deliver excellence to the under-graduate learning experience. evaluations by students, peer faculty and external reviewers considered a range of activities and criteria including classroom expertise, curricula quality, innovative course development and student learning outcomes.

dr. riChard uTeChT

dr. Thomas Cannon

16

chairsdr. Frederick chang

AT&T distinguished Chair in infrastructure Assurance

and Security

dr. dana Forgione Janey S. Briscoe endowed Chair

in the Business of Health

dr. don lien richard S. liu distinguished

Chair in Business

proFessorsdr. david Bojanic

Anheuser-Busch foundation Professor in Tourism Management

dr. lynda de la viña Peter flawn Professor of economics

Fellowsdr. hamid Beladi

iBC Bank Senior faculty fellow in economics

dr. karan Bhanot

U.S. global investors inc. fellow in finance

dr. palani-rajan kadapakkam U.S. global investors inc.

fellow in finance

dr. lalatendu misra U.S. global investors inc.

fellow in finance

dr. yiuman tse U.S. global investors inc.

fellow in finance

scholarsdr. sharad asthana

BKd, llP Scholar in Accounting

dr. Jeff Boone Albert Steg Scholar in Accounting

17

FACULTy FOrUm

rao naMed direCtor of MBa international PrograM dr. chino rao has been named director of the MBA international program. A member of the faculty since 1994, rao’s responsibilities include recruiting students, setting academic standards, coordinating academic scheduling and developing international relationships within academia and business.

“My goal is to build a culture in which the stu-dents are able to generate innovative ideas about global initiatives and have the confidence to undertake the implementation of these ideas,” said rao.

The College of Business launched the revamped MBA international program this summer. The MBA international program was designed to prepare students for successful careers in inter-national business. This degree is a full-time, lockstep program that is completed in 12 months. The program offers small classes, a globally diverse group of students and studies all international aspects of business.

“every class in this program is internationally focused and includes an international study abroad project,” said rao, associate professor of information systems and technology manage-ment. “we are looking for students with diversity in ethnicity, education and professional backgrounds.”

rao holds a doctorate in management science and information systems from the University of Texas at Austin.

Beladi edits new journal dr. hamid Beladi, the iBC Bank Senior faculty fellow, has been named managing editor of The North American Journal of Economics and Finance. Published by elsevier, the refereed aca-demic journal publishes high-quality manuscripts in financial economics.

“given the recent financial crisis, this momen-tous event collectively calls for innovative new research that will shed valuable light on topics such as financial intermediation and capital mar-kets, the relationship between law and finance, the integration of regional and global financial markets and corporate financial policy,” said Beladi, professor of economics.

“we are well positioned to capture the most inter-esting theoretical and empirical developments in financial economics. issues intersecting both economics and finance.”

Beladi has extensive editorial experience, having co-founded and edited the International Review of Economics and Finance for the past 18 years. He will be responsible for ensuring high scientific standards for papers and will oversee the referee-ing and selection process for papers submitted to the journal.

new faCulty join College Three new tenure-track faculty joined the College of Business in fall 2009. dr. rajesh Bhargave, assistant professor of marketing, joins the college after completing his Ph.d. from the University of Pennsylvania. His research interests include con-sumer behavior and time perception.

in the department of Management, dr. angela hall has been named assistant professor of manage-ment. She previously taught and holds a Ph.d. from florida State University. A lawyer, she is interested in employee accountability and eth-ics, workplace civility and legal issues affecting human resource management.

dr. david han, assistant professor of management science and statistics, received his doctorate from McMaster University. His research interests include reliability theory and statistical inference.

ManageMent sCienCe and statistiCs ConduCt outreaCh The department of Management Science and Statistics hosted two outreach events in the spring. in honor of statistician James Berger, the department hosted a national statistics conference at the UTSA downtown Campus on “frontiers of Statistical decision Making and Bayesian Analysis.”

dr. keying ye, professor of statistics, served on the executive committee for the conference and dr. Juan gonzalez, associate professor of management science, was a member of the local host committee.

“we brought in premier researchers in the devel-opment and applications of statistical methodolo-gies,” said Ye. “Conference presenters consisted

your guess is as good as Zillow’s A research study conducted by drs. daniel hollas and tom thomson has found that Zillow.com’s estimates of home values are not any more reliable than owner estimates of value.

Their study, “Zillow’s estimates of Single-family Housing Values,” examined how Zillow’s estimates of value, known as Zestimates, compare to actual sales prices. Zillow.com is a website that provides estimated market values for houses. The research was published in The Appraisal Journal’s winter 2010 issue.

The faculty members looked at 2,045 single-family home sales in Arlington, Texas, which was rated by Zillow as having the most accurate data. The study found that 40 percent of the homes in the sample were overvalued by Zillow by more than 10 percent compared to actual sales prices.

“given these results, homeowners can make good use of Zillow’s Zestimates, but in most cases Zillow should not be relied on to provide an accurate estimate of value,” said Hollas, senior associate dean and professor of economics. “it appears, based on results from prior research and the current results, that homeowners are able to determine the value of their own homes better than an automated system such as Zillow.”

FACULTy ChAIrS ANd FELLOwS

of pioneer researchers in statistics from all over the world including four elected members of the national Academy of Science.” UTSA faculty and students also presented their research at the conference.

The department also hosted a career day for 100 local high school students interested in statistics. The students attended lectures and participated in hands-on statistical activities. They learned about the broad array of statistical careers and heard presentations from biostatisticians, statisti-cians and actuaries.

“The highlight of the event was to emphasize the importance of quantitative education in everyday life as well as to raise awareness regarding vari-ous career opportunities in statistics,” said event organizer dr. ram tripathi.

kudos dr. victor de oliveira, associate professor of management science and statistics, received the distinguished Achievement Award from the Statistics and the environment section of the American Statistical Association.

drs. cynthia and mark lengnick-hall, professors of management, presented a keynote address titled “Human relationship Management: A

Social network Perspective on HrM research” at a conference sponsored by the Copenhagen Business School. The conference brought togeth-er international scholars and practitioners for the purpose of presenting research papers and shar-ing ideas about the application of social network analysis and theory to the field of human resource management.

dr. victor heller, associate professor of marketing, was named president-elect of the western Social Science Association. The association is com-mitted to multidisciplinary and interdisciplinary scholarship, service and collegiality.

dr. lalatendu misra, chair of the department of finance and U.S. global investors, inc. fellow, was named the president of the Southwestern finance Association. The association has mem-bership in excess of 500 individuals from all over the world. They support financial research and its dissemination and co-sponsor the Journal of Financial Research.

dr. eugene stone-romero, professor of manage-ment, received the distinguished Career Award in the research Methods division of the Academy of Management. This award is given to recognize a lifelong record of outstanding contributions to research in research methods and statistics.

tiMe keePs on tiCking while most people will agree that it feels like time is passing them by, according to marketing assistant professor dr. rajesh Bhargave the perception of the passage of time is variable.

Bhargave’s co-authored research in the area of time perception was published in Psychological Science and appeared in The New York Times.

“we looked at why events or activities from the past were perceived as more recent or more distant, even when they occurred at around the same time,” said Bhargave. “why does the sensation of the passing of time differ?”

According to his research findings, “a time interval that is punctuated by a greater number of accessible intervening events related to the target event [event markers] will make the target event feel more distant.”

for instance, the time since a child’s birth is marked regularly by subsequent, related events such as birthdays and child development. So, the child’s birth would feel more distant when these markers are brought to mind. on the other hand, for events with fewer markers such as the death of a celebrity, the time since the event would have less markers and the event itself would feel more recent.

“Time perception provides a crucial input into consumer’s behavior, and these findings have a direct impact for marketers,” said Bhargave. “By creating event markers for a triggering incident, such as a gift made to a charity, or a visit to a hotel or restaurant, marketers can help determine how consumers perceive the time since the event.”

student spotlight

Business students traveled around the globe this

summer participating in international immersion

programs. More than 50 students were funded by

the College of Business to participate in immer-

sion programs to China, italy, Morocco and Spain.

The College of Business hosted the inaugural

immersion program to Morocco. eleven business

students visited Tangier and rabat in a 10-day

immersion program led by dr. Jan clark, professor

of information systems, and dr. nandini kannan,

professor of management science and statistics.

The students attended academic presentations,

visited local corporations and participated in cul-

tural experiences.

“i wanted students to appreciate the custom, cul-

ture and business world of Morocco,” said Clark,

who had taught in Morocco for six years. They

also visited a rural school established by the

BMCe Bank foundation. following the visit, they

presented the school children with satchels.

Twenty-four students participated in the college’s

largest immersion program to Spain this summer.

The undergraduate and graduate students visited

Madrid and Barcelona and toured two of the

largest multinational corporations in Spain. The

program was led by dr. dennis lopez, assistant

professor of accounting, and dr. lisa montoya,

associate dean for undergraduate studies.

“This is a life-changing experience for the stu-

dents,” said lopez. “while we are learning about

Spanish business, we’re using that context to

apply to other international experiences. i want

to give them the basic tools that they can apply

in any country.”

Academic courses were taught by faculty at

escuela de Administracion de empresas business

school. The students participated in five corpo-

rate visits, nine academic lectures and five cul-

tural experiences during the 10-day trip.

in partnership with the Honors College, 11 busi-

ness students visited Beijing, Shanghai and xian,

and concluded their trip by participating in the

world expo.

“i believe these cohort travel programs are impor-

tant milestones in our collegiate careers,” said

ryan Zapata, a senior majoring in international

business and executive director of the college’s

global Business Club. “during our adventurous

milestone we scaled the great wall, tried new

cuisine, converged with generational peers,

engaged the local population, strolled through

historical monuments, established global net-

works and explored the world expo. i have

returned to UTSA with a new global perspective

that will aid my success in future endeavors.”

Seven business students also participated in an

immersion program to italy, in partnership with

the Honors College, to study the culture, architec-

ture and business of rome, florence, Siena

and Venice.

College exPands international iMMersion PrograMs

CHINA

ITALY

SpAIN

MoRoCCo

prOmOTION

TENUrE

dr. sharad asthana Professor of accounting

dr. Jeff Boone Professor of accounting

dr. cheryl linthicum Professor of accounting

dr. John wald Professor of finance

dr. yinlong (allen) ZhangAssociate Professor of marketing

1918

FACULTy FOrUm

n dr. palani-rajan kadapakkam, professor of finance and U.S. global investors, inc. fellow

e. lou Curry Teaching excellence Award

n dr. allen Zhang, associate professor of marketing

dean’s Teaching excellence Award for Tenure-Track faculty

n ermine orta, lecturer in management science and statistics

dean’s Teaching excellence Award for non-Tenure-Track faculty

President’s distinguished Achievement Award for Core Curriculum Teaching

n dr. John wald, professor of finance

Col. Jean Piccione and lt. Col. Philip Piccione endowed research Award

n dr. ashok lalwani, assistant professor of marketing

dean’s research excellence Award for Tenure-Track faculty

President’s distinguished Achievement Award for research Achievement

n dr. keith Fairchild, associate professor of finance

Patrick J. Clynes Service Award

n daniel tablada, lecturer ii in marketing

dean’s excellence Award for University Service for non-Tenure-Track faculty

President’s distinguished Achievement Award for excellence in University Service

n dr. pamela smith, associate professor of accounting

dean’s excellence Award for Community Service

n dr. hamid Beladi, iBC Bank Senior faculty fellow and professor of economics

dean’s excellence Award for Advancing globalization

n dr. Jan clark, professor of information systems

endowed 1969 Commemorative faculty Award for overall faculty excellence

faCulty reCeive College honors

Ten College of Business faculty members were honored for excel-lence in the areas of teaching, research and service at the College Awards Reception this spring.

Measuring the eduCational ProCess

Accounting faculty members dr. James

groff and dr. pamela smith argue that

public education can be modeled as an

industrial process. Their research, pub-

lished in the Journal of Public Budgeting,

Accounting & Financial Management,

applies activity-based costing concepts to

the educational enterprise.

By measuring and evaluating the costs

of educating students, administrators can

utilize these findings to achieve greater

efficiency in their budgets. The research-

ers explain that a more efficient system

should lead to an increased production of

quality students.

“Utilizing these measures can allow for

better management of the schools and

better school performance assessment,”

said groff. “Policy makers can enhance

educational efficiency by obtaining more

accurate measures of costs.” ■

2120

Business students reCeive national internshiPs with haCu Six business students received prestigious nation-

al internships this summer with the Hispanic

Association of Colleges and Universities (HACU).

The HACU national internship Program recruits

college students for paid summer and semester-

long internships at federal agencies and private

corporations in washington, d.C., and throughout

the country. These 10- and 15-week internships

give students direct experience in a diversity of

careers in the federal and corporate sectors.

The recipients were graduate students Jeremy

davila, Pension Benefit guaranty Corporation;

selvin guevara, U.S. Census Bureau; and luis

rivera, U.S. department of the Attorney general.

Undergraduate participants were marcela

cabral, Sodexo; peter Flores, VA Veteran Benefits

Administration; and kevin villatoro, department

of Treasury.

in addition to these internships, over the past

year more than 250 companies have posted 525

unique internship opportunities for business stu-

dents. Students received positions at AT&T; frost

Bank; H-e-B; iBC Bank; Methodist Healthcare

System; rackspace; Security Service federal

Credit Union; Spurs Sports & entertainment;

Tesoro; U.S. global investors, inc.; USAA; Valero

energy; wells fargo Bank; westin la Cantera

resort; and Zachry Construction Corp.

finanCe students naMed regional finalists College of Business finance students will Jones,

addison lofton, andre moreira and rafael velez

were named regional finalists in the Texas CfA

investment research Challenge.

The undergraduate students had to analyze, write

and present a report recommending “buy,” “sell”

or “hold” positions on a publicly traded company.

“The experience allowed me to use the tools

learned in the classroom for a real valuation

project,” said Velez, chairman of the investment

Society. “our research was no different from the

street research published by investment banks.

This competition was a true application of rigor

with relevance.”

The students were mentored by dr. cheryl

linthicum, professor of accounting, and ron

sweet, lecturer in finance and investment

Society adviser.

Ten teams competed in the competition. Addi-

tional finalists were louisiana State University,

Southern Methodist University, University of

Houston and the University of Texas at dallas.

The investment Society was established in 2007.

The group, which has almost 50 members, strives

to educate future business leaders about the

financial markets and the economy.

students win CCiM/ utsa john vogel award CoMPetition Business students in faculty member leland

rocchio’s Principles of real estate development

course learned the theory of real estate develop-

ment, and they put their newfound knowledge

into practice by formulating their own real estate

development project.

They teamed with mentors from the San Antonio

South Texas Chapter of Certified Commercial

investment Members (CCiM). Mentors included

ernest Brown, grubb & ellis; trove gilbert, Koontz

McCombs; steve monroe, CB richard ellis;

maggie nigro, grubb & ellis; nick prater, 4M

realty Company; tom rohde, rohde ottmers

Siegel; Jason schnittger, Stream realty; and

cynthia stevens, Koontz McCombs.

Their final assignment consisted of presenting

their projects to a panel of real estate leaders

and competing for the CCiM/UTSA John Vogel

Award. The winning team was Billy deiri, nicholas

de la garza, robert garza, eric neumann, Javier

paredes and chris taubert.

“we had a dynamic team that worked well

together,” said Paredes. “without the help of

our mentor, Steve Monroe, this wouldn’t have

been possible.”

Business students win gloBal Business Plan CoMPetition Seniors christopher abowd, ryanne vela and ryan

Zapata won first place in the free Trade Alliance

future global leaders Business Plan competition.

The team developed an internal marketing plan

for H-e-B.

Their program, global Cooking Connections,

initiated an internal strategic alliance between

H-e-B Cooking Connections and the global

Sourcing department. The students were men-

tored by sarah sanchez, an H-e-B team member

in the global sourcing department.

The winners received a $2,500 cash prize and

a one-year student membership in the free

Trade Alliance.

The free Trade Alliance Business Plan Program

was created in collaboration with community

partners to encourage international awareness,

help students develop a global perspective and

foster entrepreneurial spirit in local students.

kyle seale leadershiP sCholars Chosen

Through the generous support of benefactors

kyle and Billie seale, UTSA’s College of Business

named nine Kyle Seale leadership Scholars.

Students were selected competitively based

on their application and personal essay that

explained their goals in business and how they

would apply the leadership skills learned.

recipients were paola Fiallos, Jennifer langlinais,

cesar lopez, nora ramirez, olanrewaju reis,

erik villarreal, di wu, ashley yong-liy and elaine

yong-liy.

The students attended the annual four-day

Adelante leadership institute Conference, which

focused on active leadership, professional com-

munication skills and motivation.

STUdENT SpOTLIghT

Seniors Jay elizalde and Javier paredes spent

spring break in new orleans participating in

the Historic green rebuilding project in the

lower ninth ward. elizalde spent the week

pulling down aluminum siding and working

on the home of resident don edwards.

“in college you think a lot about yourself and

your future,” said elizalde, the president of the

real estate entrepreneurs and leaders student

organization. “it was rewarding to do something

completely selfless. Being able to change lives

one house at a time. i was proud of myself and

my school.”

Historic green’s mission is to assist and lead in

the transformation and restoration of distressed

communities through education and service

activities focusing on heritage conservation and

sustainable design.

in addition to this project, more than 800 hours

of community service work was completed by

students in the college’s real estate finance

and development Program including working

with Habitat for Humanity, graffiti wipeout and

the Animal defense league in San Antonio.

Students in dr. lisa montoya’s latino financial

issues program learned about the importance

of a college education by working with 110

eighth graders from wrenn Middle School in

the edgewood independent School district.

Twelve business students conducted workshops

at the school discussing the importance of a

college education. following the workshops,

the students visited the UTSA Main Ca