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Volume 6, Issue 2014

Wagner College

Department of Business Administration

Newsletter

http://www.wagner.edu/departments/business_administration/

The Department of Business Administration is releasing the sixth volume of its Newsletter!

We are proud of our collective—alumni, student, staff and faculty—accomplishments and would like

to share and honor them. You are encouraged to be part of our business community by contacting us

and letting us know of your achievements. For the “Stakeholder Reference of Business Department

Assessment Measures,” please checkhttp://wagner.edu/business-admin/academic-productivity/

Volume 6 includes news from January– June, 2014.

TABLE OFCONTENTS

Curriculum News Pages: 2-9 Student, Faculty& Staff News Pages: 10-15

Contact Info Page: 17

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Volume 6, Issue 2014

Curriculum News

Students place 3rd in worldwide business simulation game

One of the learning tools used by Wagner College’s

business program is the Capstone Simulation —

Capsim, for short — an extremely sophisticated,

online team “game” that pits teams of students from

around the world against one another in creating

businesses and marketing products. Wagner is the only

school in the New York metropolitan area that utilizes

Capsim at the undergraduate level and in all three

MBA programs (traditional, executive and

accelerated).This semester, the Capsim scenario asked

teams to run a global electronic sensor company over

an 8-year period. Two Wagner College teams, Erie

and Chester, scored extremely high among the 2,000

teams competing worldwide.

Team Erie’s remarkable scores included:

Stock Price at end of the game — 3rd place (price $402.74/share)

Profits for the last round — 4th place (four times the mean)

Cumulative profits for the entire game — 16th place

Team Chester’s results were:

Stock price — 13th place ($315.58) — 3rd highest ever recorded at Wagner

Return on Sales — 15th place

Profit for Round 8 — 53rd place

Team Erie’s members were Tony Jones (Baldwin, N.Y.), Mathilde Letourneux (Paris, France), Evan

Odeseye (Castleton Corners, Staten Island) and Trevor Loveland (Cherry Hill, N.J.).

Team Chester consisted of Anthony Fiumefreddo (West Caldwell, N.J.), Naofall Folahan (Cotonou,

Benin), Rachel Reeves (East Northport, N.Y.) and David Fredrickson (Woodrow, Staten Island).

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Volume 6, Issue 2014

Capsim Foundation Simulation Lab

Wagner’s Business Department continues to innovate in management education with the addition of the

Capsim Foundation Simulation Lab to its Management 201 course. This simpler version of the Capsim

Capstone Simulation, which is currently used by upper class undergrads as well as at the graduate level,

is a first time offering. These management teams, Andrews, Baldwin, Chester, and Digby compete with

each other as well as computerized teams (Erie and Ferris) to see which group can be most successful in

managing a sensor manufacturing company. After each “year” each team presents a debrief on their

current and total performance and at the end of the lab they present a stockholders debrief which is

videotaped for their review. The photos are of the first Capsim Foundation 201Lab teams at the

stockholders debrief on the last day of the session.

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Volume 6, Issue 2014

Trip to Deloitte and Touche LLP

On Monday, May 19, 2014, Adjunct Professor Frank DeCandido, Professor Michael Mahoney and four

Accounting students visited the offices of Deloitte and Touche LLP at 25 Broadway in New York City.

The students who attended were Yalin Chen, Marlena Mason, Dominick Lettieri and CSI Student Daniel

Savage. Barbara Bellesi, Assistant Director Employer Relations for the Center of Academic and Career

Engagement, also joined the group on its trip. The host from Deloitte and Touche LLP was Joseph

Delaney, former Managing Partner. The students were given presentations by staff accountants Jess

Sheahon and Dillion Berrey of Deloitte’s Audit Division and Allie Osborne and Andy Shin from

Deloitte’s Consulting Division. Topics covered were internships, interview skills, CPA Exam and career

advice. Adjunct Professor Frank DeCandido hopes that this field trip will be a yearly event and will lead

to more opportunities at the accounting firm of Deloitte and Touche, LLP for Wagner students.

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Volume 6, Issue 2014

Vietnam Memorial and Museum

“Marketing Plan”

On Friday, May 2nd, Professor Frank Calvosa led a team of six graduate students from his MKT 644

Advertising and Promotions class to present their "Marketing Plan" about the Vietnam Memorial and

Museum in Holmdel, NJ.

The group included Project

Manager Juliana Formica

and Assistant Managers

Brian Walsh, Katie Jordan,

Daniel Kreyman, Hayden

Palozej and Gabriel Gilson.

The group presented to

Executive Director, Mr. Bill

Linderman as well as several

members of the Board of

Trustees. The

recommendations they had

gave the Board as well as

Mr. Linderman new insight

on how to improve the

visibility of the museum, as

well as possible partnerships

for the museum. The

recommendations suggested

by the students are now

being presented to the Board

of Trustees by Mr.

Linderman for review.

(written by Brian Walsh)

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Volume 6, Issue 2014

Gov. George Pataki at Wagner

On Monday, former New York Gov. George Pataki was

the featured speaker at this year’s Presidential

Economic Symposium at Wagner College. Pataki, the

53rd governor of New York, served from 1995 through

2006. He opened his wide-ranging talk with a warning

that the politicians who win their party’s nominations

today tend to be the “most partisan, most ideological

and self-centered.” Watch the video in our online

Newsroom.

Video link:

http://www.youtube.com/watch?v=ML7N13hQ1fo

AMBA and EMBA International Trips

Fifteen accelerated and executive

MBA students traveled to the

Mediterranean coast with

informative and interesting visits

to Rome, Florence, Cannes,

Mallorca, Barcelona and the

Amalfi coast. The students

learned about the Euro crisis first

hand as Spain and Italy both have

had serious unemployment and

debt problems.

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Volume 6, Issue 2014

Professional Advisory Council

It is with great pleasure that we announce yet another important 'Stakeholder' group to our impressive

list of Committees that offer valuable feedback and input to our Business Department in a continued and

ongoing effort to offer our students the best possible, most innovative programs in existence. The PAC

(Professional Advisory Council) is comprised of our esteemed adjunct cohort and has been instrumental,

on a more informal basis, in many of the changes over the years to our curriculum. By formalizing this

relationship the PAC joins our original BAC (Business Advisory Committee), ExBAC (Executive

Business Advisory Council) and our newly formed SAC (Student Advisory Council) and completes the

circle of input from all of our various stakeholder groups--truly an inclusive club.

Student Advisory Committee

In Spring, 2014 semester, Dr. Crooks, Department Chair, and Dr. Tully, Director of Undergraduate

Business Program, formed a new committee called the Student Advisory Committee (SAC). A

group of sixteen outstanding Undergraduate students, who excel in the classroom and are involved

in internships and various academic activities in the Business Administration Department were

asked to partake in this stakeholder committee. The mission of the committee is to elecit advice

pertaining to our Business program, from the undergraduates who are presently enrolled. Their

thoughts and ideas will be used to continue to improve our undergraduate program.

During the spring semester the committee met in early April and early May. The theme of the

meetings was centered around improvement of the course schedule and internships. Students shared

valuable experiences, referring to the strenghts and weaknesses of the schedule as it presently

stands. Their suggestions will be brought forth to the Department faculty for consideration.

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Volume 6, Issue 2014

The New Look of the Grasso Boardroom

Grasso Board Room was officially

dedicated and open for business this

past spring. The GBR, made possible

by a generous gift from esteemed

friend and Trustee Richard Grasso, is

one of the nicest and most up-to-date

learning centers in existence,

featuring a SmartBoard and

laptops. The Boardroom is now the

home of the AccMBA and the MS in

Accounting along with selected

TMBA and other business department

classes, clubs and events. The

Business Department is also making

the room available, by appointment,

to our colleagues in other

departments. The State of the Art

facility allows our students to learn in

a professional environment which is

both intimate and purely

functional. This Fall we will launch

our first seminar in "Alternative

Investing," orchestrated by Trustee

Mr. Cesar Baez, we will keep you

updated on future functions.

Students are making presentations as if they were

the CFO at an annual meeting whereby they

explain to the audience how the company is

maximizing shareholder wealth; using finance

fundamentals learned in class.

Companies analyzed include Disney, Apple,

McDonalds, Wal-Mart and Exxon Mobil.

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Volume 6, Issue 2014

For the Cancer Walk

Dr. Xiaodan Dong with two accounting students,

Salvatore Emilio, president of the Accounting

Society and Daniel Burghart as the winning ticket

is drawn for the raffle. Proceeds of the raffle of

$80 were donated to the Cancer Walk on April 26,

2014. Drawing was held on Monday, April 7,

2013

Tony Jones’ Internship at Victory Tax

Tony Jones was having fun with the mascot Slappy the

Eagle, while he learns how to self-prepare individual and

small business tax returns.

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Volume 6, Issue 2014

Alumni News

Elena Gallo is a Senior Vice President at Wells Fargo serving as a

Treasury Management Sales Consultant maintaining and growing a

portfolio of Government and Institutional clients in New York and

New England.

Elena’s principle objective is growth of revenue and profitability

within the assigned territory, achieved through the establishment of

new relationships and the cross sales of treasury management

services to existing clients. She manages a portfolio of cash

management Government and Institutional clients by developing

and executing a strategy to retain and further penetrate existing

relationships. Working to develop sales strategy for the territory

appropriate to meet/exceed the stated portfolio goals. Elena calls on

both prospective and current clients to evaluate client needs and

address servicing and/or relationship issues. She works with product partners where needed to

develop sales proposals and determine pricing strategies. Elena coordinates the servicing and

implementation for existing clients in conjunction with her Sales Support and Implementation

Management staff. She conducts relationship reviews with her strategic clients to ensure

expectations are being met. She participates in regional/national AFP functions, and makes

presentations on treasury services topics. Elena serves as the lead advocate for Treasury

Management with her clients and as well as assigned partners. Elena contributes to Treasury

Management initiatives and the business line strategy. She has been responsible for

mentoring/training less experienced sales consultants.

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Student, Faculty & Staff News

Faculty Honors/Awards/Promotions

Professor Michael Mahoney was recruited for the tenure-track position

of Accounting. Professor Mahoney got his B.S. in Accounting at the

University of Dayton and M.S. in Accounting at the Isenberg School of

Management, University of Massachusetts at Amherst, MBA in

Executive Management Fairleigh Dickinson University, and he has the

CPA in New Jersey and New York.

Professor Mahoney has had both executive and financial responsibilities

in the health care, petro-chemical and service based industries for over

30 years as a CFO, Senior Director and Treasurer.

Professor Michael Mahoney won the best in session award at the

IBFR (Institute for Business and Finance Research Conference).

He is pictured here with Terrance and Mercedes Jalbert, the

conference coordinators. Terrance is the editor in chief of Review

of Business and Finance Studies. Upon receiving the award,

Professor Michael Mahoney was asked to be on the board of this

Journal.

Professor Ian Wise was recruited for the position of Visiting Professor

of Accounting. Professor Wise grew up in Scotland where he earned his

undergraduate degree at the University of Glasgow and qualified as a

Chartered Accountant. After three years working in in Brussels,

Belgium he came to New York where he earned an MBA at NYU Stern

School and qualified as a CPA (inactive). He worked for international

banks with roles including CFO, Chief Administrative Officer, Chief

Compliance Officer and Heard of IT-Systems. He also studied at

INSEAD, the international Business school, in Fontainebleau, France

and served on the boards of several not for profit organizations. Ian

started a consulting company providing services to International

financial institutions and not for profit organizations.

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Volume 6, Issue 2014

Dr. Mary L. Lo Re, for the Spring 2014 Semester, in addition to teaching one course and staying active

in the department, was appointed as Acting Associate Provost with direct responsibilities for the

following:

Attended (at time Chaired) & rendered input to 8 Standing Committees at Wagner

Chaired the Learning, Value & Cost Task Force Committee

Initiating the creation of the College for Adult Learning

Chaired the Graduate Council Committee—direct oversight responsibility for 6 graduate

programs

Interviewed Faculty Candidates for 5 Departments—leading to 5 successful new tenure-track

faculty hires

Chairing the 2014 Innovation Celebration-to be held on October 14, 2014

Other miscellaneous duties as assigned by Interim Provost and President

Dr. Peg Horan was given the Graduate Teaching Award- which is based on the vote of Graduate Accounting students

Dr. Peg Horan was the recipient of a Service Award.

Dr. Donald Crooks received Teaching Excellence Award for the Undergraduate Division

Dr. Jerrier Atassi was awarded Graduate Business professor of the year.

Dr. Cathyann Tully granted tenure

Dr. Frank DeSimone was promoted to Associate Professor and granted tenure

Dr. Frank DeSimone completed PhD

Dr. Frank DeSimone received Teaching Excellence Award for the Undergraduate Division

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Volume 6, Issue 2014

Publications

Crooks, Donald, and Tully, Cathyann (2014). “Alternative Reality: A Bipartisan Approach to Curing the

Social Security Shortfall and Insuring Viability in Perpetuity,” Journal of Applied Financial Research,1.

Dong, Xiaodan , with Christian Hinsch, Shaoming Zou, and Huifen Fu (2013). “The Effect of Market

Orientation Dimensions on Multinational SBU’s Strategic Performance: An Empirical Study,”

International Marketing Review, 30 (6).

Research Presentations

Donald Crooks, Cathyann Tully, Jonathan Ohn and Michael Mahoney, “The Synergistic Solution to

Military Variability and Economic Equality: A Structured Approach

Business and Applied Sciences Academy of North America,” International Conference

New York, New York, August, 2013.Received Best Paper Award

Dong, Xiaodan, with Zelin Zhang, Christian Hinsch, Shaoming Zou,(2014). “Revisit Market

Orientation: The Conditional Process Modeling in a Disaggregated Approach,” Marketing Science

Conference. Atlanta, Georgia, June 2014.

Dong, Xiaodan, with Murali Mantrala, and Yihao Zhang, (2013). “A Multi-period Model for

Scheduling Product line Sales Promotions,” Marketing Science Conference. Istanbul, Turkey, July 2013.

Cathyann D. Tully, “The Power of Money: Wagner College Students Leverage Learned Finance

Fundamentals in the Port Richmond Community,” NYMAPS Collaborative Symposium.

New York, New York, May 2, 2014.

Cathyann D. Tully, "The Power of Money: Connecting Finance Knowledge with Civic Engagement in

Port Richmond," NYMAPS Symposium, May 2, 2014.

Mary L. Lo Re, “The Future of Civic Engagement: Learning, Impact, Scope &Evidence,” Staten Island,

NYCUMU Facilitated Dialogue, December 5, 2013.

Mary L. Lo Re, “The Role of Technology in Adult Learning”—invited speaker—Kuhn Group, Staten

Island, NYWagner College, April 24, 2014.

Peg Horan, “Hobby Loss or Business Loss: A Discussion of the Delineation of These Two Categories".

Costa Rica Conference, Institute of Global Research, May 27-30, 2014.

Peg Horan, “Are Buybacks Reducing the Corporations Balance Sheets?"Costa Rica Conference.

Institute of Global Research, May 27-30, 2014.

Peg Horan, “Tax Update for 2014,”Bay Ridge, Brooklyn. Green House Café to the 12:30 Men’s Club,

March 4, 2014.

Peg Horan in collaboration with MS Accounting graduate student, Yalin Chen, “Simulation and The

CPA Exam…. Update for Faculty and Students Alike,” American Accounting Association Mid Atlantic

Meeting, April 24-26, 2014.

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George De Feis and Dr. Richard La Rocca, “Management of Conflict in Family Businesses during

Crises and Changes: A Strategic Alliance Perspective,” New Orleans, LA. Academy of Business

Research Conference 2014, March 26-28, 2014. Received Best Paper Award

George L. De Feis, “Sustainable ‘Business’ Development - Denmark &Sweden,” Pace University, April

4, 2014.George De Feis, “Service Changes in Onsite (Traditional) to Online (Non-Traditional) Schools,”

INFORMS Annual Meeting. Minneapolis Convention Center. Minneapolis, MN, October 6-9, 2013.

Attended Conferences/Seminars/Webinars/

Media Engagement & Citations

Dr. Mary L. Lo Re - Competency-Based Learning Workshop, San Antonio, TX.CAEL Organization &

Academic Impressions. May 20-22, 2014.

Dr. Mary L. Lo Re - Council for Adult & Experiential Learning PLA 101 Spring Workshop, Chicago, IL.

April 22-23, 2014.

Dr. Mary L. Lo Re attended “Flipped Classrooms & Slam Dunks—Bring Your A-Game!” Renaldo

Lawrence,

Dr. Mary L. Lo Re- Adobe Education Leader Teacher-Chiswick School, London. February 20, 2014.

Dr. Mary L. Lo Re- “Feasibility Research to Select New Academic Programs” Paskill, Stapleton &Lord.

February 28, 2014.

Dr. Mary L. Lo Re- “Accreditation or Innovation? Can We Have Both?” CAEL Organization. April 15,

2014.

Dr. Mary L. Lo Re attended “Sound and Practical Advice for Flipping Your Classroom” Bobbie

Seyedmonir, West Virginia State University. Wiley Faculty Network. April 21, 2014.

Dr. Mary L. Lo Re attended “Flipping without Flopping: Lessons Learned in a 3-Year Flipped Classroom

Study” Dr. Mumper, Echo Active Learning. May8, 2014.

Dr. Mary L. Lo Re - Network Summer 2014 seminar on: “Understanding the New Europe 2014: Economic

Dilemmas and Options” Faculty Resource Network at NYU, NYC. June 9-13, 2014.

“Take the Lead-Wagner Women in Leadership” Wagner College, NY, February 19, 2014.

Moderated by Dr. Mary L. Lo Re

Dr. Lo Re organized the “Eurocrisis” event (through ACE) with guest speaker Dr. Hugo Kaufmann,

Professor Emeritus and ex-Director of the European Union Studies Center. It was held on March 13, 2014 in

the Faculty Dining Room. Varied faculty, administrators and staff throughout the campus attended as well as

all students from: the International Business course, Government & Politics (Dr. Moynagh) and Modern

Languages (Dr. Stalcup).

Dr. Peg Horan attended the Mid-Atlantic Regional Meeting of the American Accounting Association at King

of Prussia, Pennsylvania. She earned 20 continuing professional educational hours to maintain CPA

professional status. April 24-26, 2014.

Dr. Peg Horan attended the Foundation for Accounting Education (FAE) sponsored by the NYSSCPA CPA

Ethics Update at the Regina McGinn Education Center. November 6, 2013.

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Dr. George De Feis attended the “100K Strong Annual Conference” (“US to China Student Summit”) in

Washington, DC. November 21, 2013.

Dr. George De Feis attended the “EduTech Day 2013” at Fashion Institute of Technology for Wagner

College. November 14, 2013.

Dr. George De Feis attended the “Foreign Corrupt Practices Act” seminar at Fordham University. January

29, 2014.

Professional Services/Activities

Dr. Cathyann D. Tully, Editorial Board for the Journal of Academic Research on Management,

Accounting & Finance

2013-present

Dr. Cathyann D. Tully, Invited Peer Reviewer for the Empirical Evidence on Convergence across the

PIIGS Member-states of the Euro-zone, International Journal of Sustainable Economy

Spring, 2014

Dr. Mary L. Lo Re, Reviewed Manuscript: "Empirical Evidence on Convergence across the PIIGS

Member-states of the Euro-zone" Inderscience Enterprises Ltd. International Journal of Sustainable

Economy

December 20, 2013

Dr. Mary L. Lo Re, Reviewed Manuscript: “A service-learning project for pre-service teachers: critical

observations from three perspectives” The Journal of Higher Education Outreach and Engagement

April 14, 2014

Dr. Mary L Lo Re, Reviewed Manuscript: “Effectiveness of Chinese ADTRs as an Investment Strategy

for U.S. Investors”The Journal of Business and Economic Studies

April 26, 2014

Dr. Peg Horan, Member of the American Institute of Certified Public Accountants- AICPA

Dr. Peg Horan, Member of the New York State Society of Certified Public Accountings- NYSSCPA

Dr. Peg Horan, Member of the American Accounting Association- AAA.

Dr. Peg Horan, Supervised Senior Thesis Paper of Anthony Fiumefreddo, “Convergence Movement:

The Development of the U.S. GAAP and IFRS in the United States.”

Dr. Peg Horan, Supervised Senior Thesis Paper of Matthew Netta,” SEC Progression Towards the

Acceptance of the International Financial Reporting Standards (IFRS).”

Dr. Peg Horan, Overseer and advisor on senior honors project of Leah Skinner, “Non-Profit Accounting

Report Card for American Red Cross, the YMCA and the United Way.”

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Volume 6, Issue 2014

Dr. George De Feis, Developed a program on “Environmental Issues in Slovakia: Moving Towards

Sustainable Development” for consideration in the Wagner-Slovakia Exchange Program.

November, 2013

Dr. Xiaodan Dong, Serve on Wagner College Academic Honesty Committee

2013-2014

Dr. Xiaodan Dong, Serve as the reviewer for American Marketing Association Conference

2013-2014

Community Involvement

Dr. Peg Horan volunteered for the “Daily News Tax Hotline” in conjunction with the New York State

Society of CPAs. On March 19, 2014 an article was run, with her photo and a quote of tax advice she

had given in regard to mortgage payoff and the tax effect. March 18, 2014.

Dr. George De Feis is a board member of a new, not-for-profit organization, AirSoilWater

(www.airsoilwater.org), focusing on sustainable development.

Dr. De Feis was invited and served as a judge for the 2014 Delaware Valley High School Engineering

Student Club Fair. May 30, 2014.

Dr. Xiaodan Dong is a sponsor of Kiva.org, a support people in poor countries start small businesses.

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Contact Info

We really want to hear from you. If you have any information you would like to share with us or want to contribute to our Newsletter, please do not hesitate to reach out to us. Chairperson, Director,

MBA-Exec. & Accelerated Dr. Donald Crooks 718-390-3429

Administrative Assistant Arleen Wilk 718-390-3447

Department’s Fax 718-420-4274

Director, B.S. Business Administration Dr. Cathyann D. Tully 718-390-3439

Director, M.S. Accounting Dr. Peg Horan 718-390-3437

Director, MBA-Traditional Dr. John Moran 718-390-3255

Director, Business Experiential Learning Dr. Frank DeSimone 718-420-4491

Full time Faculty

Dr. Xiaodan Dong 718-390-3182

Dr. Mary Lo Re 718-420-4127

Dr. Richard LaRocca 718-390-3427

Prof. Michael Mahoney 718-390-3434

Prof. Ian Wise

Adjunct Faculty

Accounting Prof. Frank DeCandido Prof. John Carrescia

Prof. Kevin Tsay

Prof. Leo Parmegiani

Business Prof. Anne Marie Menna Dr. Prentis Nolan

Prof. Joseph Ferrantelli Prof. John Pullano

Prof. Jerrier Atassi Prof. Robert Pompliano

Prof. Alexandra Formica

Finance Prof. Sam Cirelli Prof. Michael Cohen

Prof. Daniel Macri Prof. Jason Cassidy

International Business Prof. Edward Strafaci

Health Care Prof. Joseph Conte

Management Prof. Stephen Piraino Prof. George Cherubini

Prof. William Dubovsky Prof. Patricia Reyes

Marketing Prof. Frank Calvosa Prof. William Thiro

Graduate Assistants Lucas Grant Yalin Chen

CLUBS & SOCIETIES

Faculty Sponsor

Delta Mu Delta Business Honor Society Dr. Peg Horan

Accounting Club Dr. Peg Horan

Investment Club Dr. Cathyann D. Tully

Marketing Club Prof. Frank DeSimone