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News 2007

College of Business Opens Financial Trading Room

November 15, 2007

A slice of Wall Street has come to Indiana State University with the grand opening Thursday (Nov. 15) of a financial trading room.

Housed on the first floor of the College of Business, the trading room features multiple stock tickers, three video data walls and 24 student work stations with dual monitors.

"The financial trading room provides access to a variety of professional financial databases and enlivens the environment of the college for faculty, staff, and students," said Nancy Merritt, dean of the College of Business.

The trading room and its operations are funded in part by gifts from Randall and Nancy Minas and Lilly Endowment Inc. 

In January, the Minases announced a $150,000 gift to the ISU Foundation, the first in a series of gifts to support investment and financial education programs. A 125 percent match by Lilly Endowment brought the total value of the gift to $337,500. The Student Investment Club will be investing the gift in conjunction with the club advisor, Tarek Zaher, professor of finance, and the foundation.

Randall Minas and the couple's daughter, Dawn, owner/operator of the Culver Coffee Co., are both ISU alumni.

Trading Room opens, 2007

<< Full Story >> << Trading Room Construction Gallery >> << Trading Room Opening Ceremony Gallery >> 

Students Studying Abroad Included in Development Session

October 24, 2007

Getting 30 or so Indiana State University students together at the same time may not seem like much of a challenge, especially when you offer them snacks and soft drinks. But when one-third of those students are studying abroad, and are scattered across five countries in four time zones, things can get complicated.

It was all part of the plan, though, for a recent professional development workshop for freshmen and sophomore Networks, Presiden's and Gongaware Scholars in the ISU College of Business.

Sophomore Networks Scholar Kristin Elston of Paris, Ill. had the task of setting the whole thing up, bringing all the students together via the Internet and ensuring fellow sophomores overseas knew just when and how to log in.

The late-afternoon - Terre Haute time - session meant a late night for Mike Peterlich of Charleston, Ill., who was in Ireland at the time; Eric Gettelfinger of Depauw and Nathan Lloyd of Plymouth, both studying in the Czech Republic; Emily Stites of Huntington (Greece); and Traci Rosenbalm of Danville, Ind. and Jeremy Thompson of Martinsville, Ill. (Finland).

But it meant an early wake-up call for Stephanie Balbach of Evansville, Curt Bromm of St. Anthony, and Mark Elliott and Paige Williams of Terre Haute, all of whom are studying in Australia and had to be up and ready to face their fellow students - and professors - at 6:30 a.m.

Networks Breeze Session, 2007

<< Full Story >>

Princeton Review Says MBA Program Among Nation's Best

October 22, 2007

Princeton Review 2007For the second year in a row, The Princeton Review has recognized Indiana State University’s College of Business as among the best business schools in the nation.

“You get a lot of value for the money at ISU, where small class sizes and public-school tuition combine to deliver plenty of bang for your buck,” the New York City-based educational services company says in the 2008 edition of its “Best 290 Business Schools” publication.

“This recognition of the fine quality of Indiana State’s MBA program is a testament to the faculty and students and to Dale Varble, our associate dean,” said Nancy J. Merritt, dean of the ISU College of Business. “The inclusion of the ISU program among the ‘Best 290 Business Schools’ is verification of that quality and is especially gratifying when it comes largely from the students themselves.”

<< Full Story >>

Bloggers Help Potential Students, Parents Learn More About ISU

October 22, 2007

Prospective college students and parents searching for the perfect university can find the task a bit overwhelming, but Indiana State University's student bloggers can help.

The current bloggers - Raphael Adeola (Marketing), Andrew McCarty (Science Education), Amanda Pinney (Nursing) and Jordan Snoddy (Undecided) - provide insight about campus life; time management; and, of course, the fun and excitement along the way.

The ISU blog gives a first-hand account of what the college experience is like, from deadlines to parking tickets, intramurals to cafeteria food.

Adeola, a sophomore marketing major from Indianapolis, serves as a resident assistant and a Sycamore Ambassador. He enjoys using his communication skills in the blog just as he does in his marketing courses.

"I want to share my everyday life experience with viewers," he said, beginning a recent posting with the statement: "Wow, you wouldn't believe what happened to me this past Wednesday."

Adeola promises to convey the realities of college life and looks forward to keeping up on his favorite activities during homecoming and even spring break, though that's still a long way off.

Bloggers (L to R) Raphael Adeola, Jordan Snoddy, Andrew McCarty, and Amanda Pinney

Bloggers (L to R) Raphael Adeola, Jordan Snoddy, Andrew McCarty, and Amanda Pinney

<< Full Story >> << Raphael Adeola's Blog (Web Archive) >>

Four to be Honored with Distinguished Alumni Awards

October 17, 2007

The Indiana State University Alumni Association has announced the recipients of the Distinguished Alumni Award. The 2007 recipients will be honored at a reception and banquet, marking the 50th anniversary of the award, on Friday, Oct. 19, in Hulman Center. Among the 2007 Distinguished Alumni Award recipients are:

Barbara Beadle

Barbara Beadle who currently serves as state program specialist for the Indiana Department of Education for the areas of business, marketing, information technology and co-operative education.

As state program specialist, she provides leadership and coordinates professional development activities for Indiana’s business, marketing, information technology, co-operative education and other career and technical educators; develops standards, curriculum and assessment strategies for high school business, marketing and information technology and co-operative education; oversees federally funded projects; represents the state on the National Business Education Association and the MarkED Resource Center for national standards projects; and oversees student organizations DECA and the Business Professionals of America. Beadle, who earned a bachelor's degree in 1965 and a master's degree in 1972 from Indiana State, spent time in secondary and postsecondary classrooms in Indiana. She taught in the Evansville-Vanderburgh School Corporation and at Castle High School, in addition to classes at Ivy Tech State College in Evansville and Indiana Business College.

Jim LewisJim Lewis who currently serves as president of Disney Vacation Club, an innovative vacation-ownership program that revolutionized the timeshare industry in 1991 with an unprecedented level of service and flexibility. The division of The Walt Disney Company includes eight themed resorts, more than 300,000 individual members from more than 100 countries and every U.S. state, and more than 2,000 employees. Disney Vacation Club has more than doubled its business since 2000, while attaining the industry’s No. 1 position in member satisfaction under Lewis’ leadership. Previously, he served as senior vice president, business development and public affairs for the Walt Disney World Resort, overseeing efforts in international business development, alliance development, minority business development, government relations, public affairs and diversity. A native of Hammond, Indiana, and a certified public accountant, Lewis earned his bachelor’s degree in accounting from Indiana State in 1984, and his master of business administration from the Krannert School of Business at Purdue University. Lewis credits his Indiana State education for helping him land a position at PricewaterhouseCoopers, which launched his business career.

<< Full Story >>

Business Students to Attend International Operations Management Conference

October 16, 2007

Indiana State University’s three-year-old chapter of APICS, the Association for Operations Management will send two senior College of Business students to the association’s 50th anniversary international conference in Denver October 21 - 23. Sponsorships by the Central Indiana APICS chapter are funding the trip for the operations management and analysis majors, Tyler Musgrave and Lindsey Starwalt.

“I expect to gain a lot of knowledge about the whole operations industry in general,” Musgrave said. “I'll have the opportunity to speak and network with hundreds of professional, not to mention potential future employers.”

While in Denver, the students will attend educational sessions and networking events, visit the expo, and assist APICS staff with conference arrangements. They will be paired with a mentor, an operations management professional who will share their experiences.

<< Full Story >>

New Forensic Accounting Minor

October 11, 2007

Joe SandersWhen thinking of pairs, CSIs and CPAs probably don't appear at the top your list. However, a relatively new program that combines accounting with forensics has helped fuel an already hot field in Indiana State University's College of Business.

Joe Sanders, professor of accounting, said that 24 students are currently enrolled in the forensic accounting minor, and he believes that a degree in accounting and a forensic accounting minor will be a marketable combination. Full-time enrollment of accounting majors has increased 13 percent since last year, from 160 to 180, he added. Another factor in the success and popularity of ISU's accounting program is that students are well-prepared for the workforce before they leave campus. Sanders gives some of this credit to the preparations students have prior to taking the CPA exam.

<< Full Story >>

Banking Expert Speaks About Regulatory Changes

October 9, 2007

A Federal Reserve Bank of Chicago consultant said necessary changes in the U.S. banking regulatory system come down to one word - prompt.

The current system of deposit insurance sets up banks for failure, according to George Kaufman, the John F. Smith Professor of Finance and Economics at Loyola University in Chicago. If an entity does not bear the full cost of its behavior, it will act differently; it takes excessive risks, Kaufman told an audience of students, faculty and bankers during a presentation Monday (Oct. 8) at Indiana State University’s College of Business, and when it fails, the cost is far too expensive.

George Kaufman, 2007

George Kaufman, 2007

<< Full Story >> << Photo Gallery >>

Insurance and Risk Management Students Attend International Conference

October 8, 2007

Seventeen Indiana State University business students will travel to Washington, D.C. Thursday through Sunday (Oct. 11 - 14) to learn more about the insurance and risk management industry and to network with professionals in the field. All members of Indiana State’s Alpha Epsilon chapter of Gamma Iota Sigma, the students will attend the professional fraternity’s 36th annual International Management Conference. Students will attend workshops to learn more about such topics as chapter management and industry relations, meet industry representatives, and participate in a career fair.

“It really is a great opportunity to network with the financial industry, especially insurance leaders,” Gerald Smith of Avon, president of ISU’s Alpha Epsilon chapter, said. “Isn’t that what it’s really about, getting students networked with individuals who can get them internships and career opportunities'”

More Indiana State students are attending this year’s conference than any previous conference, except in 2006, when the ISU chapter hosted the conference in Indianapolis.

In addition to Smith, ISU students planning to attend the conference are: Erik Andersen, Miranda Boyles, Courtney Burnside, Todd Byram, Zach Goodman, Katrina Heflin, Terri Ketzner, Brad Lemish, Jennifer Likander, Nicole Lindstrom, Jonathan Lough, Sara Mays, Alexzandrea Nicholson, Amanda Sunbury, Travis Walker, and David Walters. A portion of the proceeds from the Alpha Epsilon chapter’s annual golf scramble, which took place October 4 at the Terre Haute Country Club, helped fund the students’ participation in the national conference.

<< Full Story >>

Speaker to Discuss Bank Failures

October 1, 2007

As part of its mission of financial literacy education and research, Networks Financial Institute at Indiana State University is bringing an expert in regulatory policy to the ISU campus to discuss “Cutting the Cost of Bank Failure.”

The savings and loan crisis of the 1980s and '90s cost an estimated $150 billion. Legislation passed in 1991 was intended to reduce the cost of bank failures, but George Kaufman, the John M. Smith professor of finance and economics at Loyola University in Chicago, says the potential costs are still too high. In his presentation for the College of Business at ISU, Kaufman will discuss his ideas for further policy changes so that the cost of bank failures is as low as possible and that the largest institutions will not gamble that regulators will bail them out if they become insolvent.

Kaufman, who is director of the Center for Financial and Policy Studies in the School of Business at Loyola, spoke at 5 p.m. October 8 in the ISU College of Business, 11th floor conference room.

George Kaufman, 2007

George Kaufman, 2007

<< Full Story >> << Photo Gallery >>

Fifth Class of Networks Scholars Welcomed

September 29, 2007

Indiana State University's College of Business recently welcomed its fifth class of Networks Scholars. Recipients of this prestigious award, presented in conjunction with Networks Financial Institute, receive a four-year $20,000 scholarship that covers tuition and fees, a $3,000 professional development account and a new ISU laptop.

Networks Scholars also enjoy the opportunity to participate in a paid internship, potential for international experience and a faculty mentor relationship.

Candidates are considered for the award based on grade point average, SAT/ACT scores, class rank, written essays and a mandatory personal interview. Members of this year's Networks Scholars class of 2011 are: Whitley Chilton (marketing), Kali Diethrich (finance and insurance and risk management), Brittany Faulkner (finance), Stephanie Flora (accounting), Keith Gettelfinger (business administration), Madison Kirchner (accounting with forensic accounting minor), Tiffani Newlin (business administration), Cody Parks (accounting), Kelsey Powell (marketing), Sarah Sallee (business administration with management minor),  Andrew Schroeder (accounting with forensic accounting minor), and Katherine Wheeler (business administration with accounting minor).

<< Full Story >>

Networks Financial Institute Receives New Grant From Lilly Endowment

September 28, 2007

$3 million keeps ‘Money Bus,’ Scholars program, and important research rolling

A new gift from Lilly Endowment Inc. will ensure continued success and progress in financial literacy outreach, student programs, and research as Networks Financial Institute at Indiana State University continues to build and expand.

In announcing the $3 million grant Friday (Sept. 28), university leaders said the funding will allow Networks to continue its innovative work in three critical areas: national leadership in financial services policy, development of innovative student leadership, and addressing the national crisis in financial literacy.

“Lilly Endowment is pleased with the momentum of the Networks program. Its highly acclaimed financial literacy projects and work in financial services and insurance in Washington and Indiana are adding distinction to the university,” said Sara B. Cobb, Endowment vice president for education.

Since its launch in 2003, thanks to funding from the Endowment, Networks has provided scholarships to more than 90 ISU business students, conducted a number of state and national forums on regulatory reform and other issues, and worked with the National Council of State Legislatures to train state lawmakers who serve on financial services committees. It also has formed a research unit and provided financial literacy education via the popular “Kids Count on the Money Bus” and accompanying classroom curriculum.

”Networks Financial Institute has become one of the most successful projects in the history of Indiana State University. From the ‘Money Bus,’ which just this week visited Capitol Hill, to its annual insurance reform summits in Washington and its think tank that not only examines critical issues but offers viable solutions, Networks has emerged as a national • even an international • leader in the financial services industry and in education. We are exceedingly proud of the work Networks has accomplished,” said ISU President Lloyd W. Benjamin III.

Money Bus

The Money Bus

<< Full Story >> << Money Bus Photo Gallery >>

College of Business Welcomes New Gongaware Scholars

September 27, 2007

The latest recipients of the Gongaware Scholarship have begun the 2007-08 academic year at the Indiana State University College of Business. Valued at $6,250 per year, this renewable scholarship not only assists recipients with tuition, but it also provides professional development accounts and creates networking possibilities by placing them in paid internships and assigning them a faculty mentor during their college experience.

Candidates for Gongaware Scholarships are considered based on competitive grade point average, class rank, ACT/SAT scores and their studies in the insurance and risk management program at ISU. The scholarship is made possible with funds from Don and Patricia Gongaware. Don Gongaware is a retired senior executive at Conseco, Inc.

This year's Gongaware Scholarship recipients include:

Terri Ketzner, daughter of Joseph A. and Karen Ketzner of Ferdinand. She is a 2007 graduate of Forest Park High School and an insurance and risk management major at Indiana State. Ketzner, who was an honor roll student and Hoosier Girls State delegate in high school, has also received the Advanced Computer Applications Award, the Accounting II Award, the St. Maria Goretti Youth Distinction Award and the Academic Excellence Award. She was also listed in "Who's Who Among American High School Students" and attended the Young Women's Institute. Her activities include the National Honor Society, Beta Club, the Lady Ranger tennis team, Renaissance Club, SADD, Student Council, 4-H and her church youth group.

Sara Mays, daughter of Tom and Sherri Mays of Paoli. She is a 2007 graduate of Paoli High School and an insurance and risk management major at Indiana State. Mays, who has found time to baby-sit with a special needs child and work part-time through high school, has previously received a Business Club Award, Best Copy for Yearbook in Division II, the second place Harvey Award for feature writing and the President's Education Award. Her activities include Advanced Choir, National Honors Society, Yearbook, Tri-H-Y, SADD, Student Council, serving as class secretary, cheerleading, Spanish Club and Booster Club.

David Walters, son of Dave and Kim Walters of Valparaiso. He is a 2007 graduate of Washington Township High School and a risk management, business and marketing major at Indiana State. Walters, who already has an abundance of work experience through small businesses and marketing opportunities, aspires to work in marketing for NASCAR. He was co-valedictorian and president of his high school graduating class and vice president of the National Honor Society chapter. His activities in high school included volleyball, basketball and school clubs, including SADD. He currently plays men's softball and follows the NASCAR racing season.

2007 Gongaware Scholars:Terri Ketzner, Sara Mays, and David Walters

2007 Gongaware Scholars:Terri Ketzner, Sara Mays, and David Walters

<< Full Story >>

Insurance and Risk Management Students to Host Benefit Golf Scramble

September 17, 2007

Students in Indiana State University’s insurance and risk management program will host the 10th annual Octoberfest Golf Scramble October 4 at the Country Club of Terre Haute.

The golf scramble is the largest fund-raiser for Gamma Iota Sigma, the international risk management, insurance and actuarial science collegiate fraternity. Proceeds will support several worthwhile, student-centered initiatives, such as attendance at local and regional industry events and travel to corporate tours.

"This event allows more than 100 insurance and risk management professionals the opportunity to network with the outstanding students in the IRM program, and other industry professionals," said Jon Lough, junior insurance and risk management major and industry relations manager for the golf scramble.IRM Golf Scramble

<< Full Story >> << Photo Gallery >>

National Study Assesses Adult Financial Literacy

September 4, 2007

Networks Financial Institute at Indiana State University has released results of a national survey that assesses U.S. adults' self-reported levels of financial literacy. The findings indicate that fewer than 30 percent of U.S. adults view their personal financial knowledge as very good or better.

The quantitative online survey polled 805 adults randomly selected from throughout the U.S. with respondents statistically profiling the U.S. adult population. The survey aimed to establish a baseline assessment of U.S. adults' financial literacy levels, identify the types of information these adults seek to improve their financial knowledge, uncover areas in which adults believe they need the most help with personal financial education and understand perceived barriers adults face in seeking financial literacy education.

Fewer than 30 percent of U.S. adults view their overall financial knowledge as very good or better. However, the research also found that more than half of U.S. adults believe they understand the concept of managing, saving, spending and investing money wisely, reporting a need for the most guidance with investing, retirement planning and taxes. A separate question revealed that despite economic trends in personal bankruptcy, mortgage foreclosure, a climbing credit card debt, U.S. adults are somewhat more confident in their knowledge of spending, insurance, lending/borrowing and banking.

<< Full Story >> << National Adult Financial Literacy Research (PDF) >>

15 Students Awarded ISU's Top Academic Honor

July 18, 2007

Fifteen students have been awarded Indiana State University's most prestigious scholarship - the President's Scholarship. The honor includes full tuition, room, board and books as well as a laptop computer for all four years of the student’s college career.

President's Scholars must be ranked in the top 10 percent of their high school class or have a cumulative grade point average of at least 3.7 on a 4.0 scale. Selection is highly competitive and based upon both academic and personal accomplishments, and an interview is required for all finalists.

This year's President's Scholar recipients include (see background on each recipient below): Ahnya Alstott, Brazil; Michael Baum, Dyer; Andrew Beaven, Marshall, Ill.; Rebecca Campbell, Whiteland; Kelly Cheney, Noblesville; Anna Coffey, LaPorte; Mary Crawford, Indianapolis; Kaitlyn Eddelman, Columbus; Kayla Eldib, Indianapolis; Janie Kelly, Lafayette, Aliya Khan, Clinton; Kelli Lueken, Celestine; Abigail Schmitz, Charleston, Ill.; Sarah Tillman, Claypool and Breanna Wyman, West Union, Ill.

Abigail Schmitz, the daughter of Jim and Kathy Schmitz of Charleston, Ill., is a graduate of Charleston High School. She plans to major in marketing while at ISU and hopes to work for an international company in marketing and product development in the future. Her high school activities have included National Honor Society, Spanish National Honor Society, student council, serving as class secretary, 4-H, French Club, Spanish Club, science club, Illinois State Horse Judging Team, Future Farmers of America, serving as 4-H County Action Board secretary and numerous service learning activities. Her honors include being named and Illinois State Scholar, FFA Star Greenhand Award recipient, gold medalist at the FFA National Horse Judging Competition and winning third place high individual at the 4-H National Horse Judging Competition.

<< Full Story >> 

Professor Joins Student Bloggers

June 6, 2007

A faculty member teaching in Southeast Asia and a student who plans to study in Eastern Europe are joining a "veteran" blogger in providing prospective students and others a glimpse of Indiana State University life this summer.

Launched last winter with three students who wrote freely about their experiences both inside and outside the classroom - and on and off campus - Indiana State’s uncensored blogs are designed to provide a behind-the-scenes look at campus life. This summer's additions now take blogging way off campus.

Gerald Smith, an insurance and risk management major, was among the university's first group of official bloggers who began posting comments on the Internet last winter. This summer, he is chronicling his experiences as an intern with Lockton Companies in Overland Park, Kan. With more than 3,700 risk professionals worldwide and 143 offices in 44 countries, Lockton is the world's largest privately held global insurance broker.

"I am very excited about working with Lockton this summer. I believe it will be one of the most beneficial experiences of my life with regards to my career. It will take a lot of hard work, but it will be worth it," Smith wrote in a recent blog. "Not only is ISU a great place to attend class, but it provides many opportunities for students and staff to expand their horizons."

<< Full Story >> << Gerald Smith's Blog (Web Archive) >>

Nancy J. Merritt Named College of Business Dean

June 4, 2007

Nancy MerrittNancy J. Merritt, senior associate dean of the College of Business Administration at Bowling Green State University, has been selected to head the College of Business at Indiana State University.

A professor of marketing at Bowling Green since 1988, Merritt served as interim dean of the College of Business Administration in 2005-06.

Merritt has experience in college development and fundraising, and strategic and operational planning. She developed executive, entrepreneurship, and business engagement programs, including a Center for Executive Studies and a Center for Entrepreneurial Leadership. She also worked with university development and corporate officers in formulating the Cooper Tire Teaching Mentorship.

Merritt has been recognized during her career as a teacher and researcher in the field of marketing, with emphasis on relationships among businesses and other organizations. She was inducted in the leadership honor society, Omicron Delta Kappa, and selected as a 2006 protégé in the Millennium Leadership Institute of the American Association of State Colleges and Universities.

A former retail business co-owner and manager, Merritt holds a bachelor's degree in business administration from Montana State University and a Ph.D. from the University of Arizona. She is a member of the Academy of Marketing Science and the U.S. Association for Small Business and Entrepreneurship.

<< Full Story >> 

Event at Governor's Residence Boosts Motorsports Industry, ISU Program

May 24, 2007

Racing executives from the United Kingdom and other countries learned more about business opportunities in Indiana as well as the industry-oriented education provided by Indiana State
University during an event Wednesday (May 23) at the Indiana governor’s residence.

“There is no place where people know and love racing more than Indiana,” Gov. Mitch Daniels told dozens of business leaders.

“There is a shop in every small town in Indiana that can do excellent work to your standards and you will find an educational system - Indiana State being emblematic - that is excited about producing people. If you will tell us the kind of technician, the kind of talent that you’re looking for, we will produce it for you." "“We’re really proud of what ISU is doing,” Gov. Daniels said. “They see an opportunity here that we have seen in state government. Motorsports is a bigger business than many Hoosiers realize - over $30 billion worldwide. The jobs that are in it are tremendous - they’re challenging, they’re cutting edge and they pay well. ISU has shown some real insight by moving into this area.”

Indiana Governor Mitch Daniels

Indiana Governor Mitch Daniels at the reception

<< Full Story >> << Photo Gallery >> << Video >>

Networks Publishes Survey of K-12 Financial Literacy Practices

May 18, 2007

A national study commissioned by Networks Financial Institute at Indiana State University shows that approximately one-half of U.S. K-12 teachers incorporate some type of financial literacy content into their classroom instruction.

The study surveyed 650 teachers to assess their interpretation of what “financial literacy” means and how they are incorporating financial literacy into their teaching. Additionally, the study yielded information on the challenges and barriers teachers confront in accessing financial literacy learning materials, while making the case for some new approaches to delivering financial literacy education.

Teachers value financial literacy instruction

More than 60 percent of teacher respondents surveyed were familiar with financial literacy, defined as “the ability to make informed judgments and effective decisions regarding the use and management of money.” High school math teachers were most familiar with financial literacy, with K-5 teachers being least familiar. Overall, the survey indicated that financial literacy knowledge varies considerably among teachers, presenting significant opportunity for improvement.

Regardless of their knowledge level, teachers indicated that teaching financial literacy is important. Among middle school and high school teachers, 95 percent indicated financial literacy is “important to teach.”

<< Full Story >> << National K-12 Financial Literacy Research (PDF) >>

Scott Students Named Commencement Speaker, Hines Medalist

May 2, 2007

Jonathan Clark, a senior finance major from Lake Wales, Fla., has been selected as Student Commencement Speaker.

After two successful years studying electrical engineering at Rose-Hulman Institute of Technology, Clark transferred to Indiana State in order to pursue his passion for business and finance. As an individual seeking to be actively involved in his education, he quickly found himself as an executive member in five organizations within his first 10 weeks at ISU.

Clark currently serves as president of three organizations -- the Business Professionals of America, ISU Investment Club and Toastmasters -- and vice-president of two others, the Financial Management Association and Student Alumni Association.

He supplemented the instruction he received in the classroom with real-life work experience, interning at Innsbruck Financial Consultants, Terre Haute; Lockton Companies Inc., Kansas City, Mo. and Edward Jones, Greenfield.

While at Indiana State, Clark has experienced success at national competitions, earning honors as the Business Professionals of America national interview competition champion and runner-up in the national association's speech competition.

Awardee of the Hines Memorial Medal is Kaitlin A. Korosi, Batesville. An accounting major with a forensic accounting minor, she will begin work for Defense Finance and Accounting Service in Indianapolis as part of the Leaders in Motion Program. Named for Linnaeus Neal Hines, who served as the university's fourth president from 1921 to 1933, the Hines Medal recognizes graduating seniors with the highest cumulative grade point average.

<< Full Story >>

University to Invest $1.75 Million in Selected Programs

April 26, 2007

Indiana State University will invest $1.75 million over the next three years in selected academic programs as part of its Distinctive Programs Initiative, President Lloyd W. Benjamin III announced today (April 26).

Benjamin said the President’s Fund for Academic Excellence will use a $1 million grant received earlier as part of the Lilly Endowment’s “Initiative to Recruit and Retain Intellectual Capital for Indiana Higher Education Institutions,” along with $750,000 in one-time university funds. The fund will be used to strengthen programs with national or regional reputations for quality, and build programs that have the potential to achieve that status.

“While we are working to selectively reduce low-enrollment programs, we also want to make strategic investments in our centers of excellence and in building new programs of distinction,” Benjamin said.

Two of Indiana State’s programs - financial services and teacher education - have been recognized as Programs of National Distinction for achieving a national reputation for the quality of their work and reflecting the values of Indiana State while meeting state and national needs. The two programs will receive $350,000 each.

The recognition of distinctive programs is directed internally and externally, and serves a twofold purpose, according to Benjamin. Internally, it fosters appreciation for the quality of the university's academic programs and accomplishments of faculty, students and alumni; and encourages and supports programs in their achievement of excellence. Externally, it broadcasts the pride the university feels to external stakeholders, promotes public awareness of specific outstanding accomplishments and invites investment in the institution.

“All will benefit by the increased visibility and recognition that distinctive programs will bring to Indiana State University,” he said. “Faculty in programs of distinction are expected to mentor and share their experiences with others at ISU and to be visible and involved externally, including seeking external funds. This is a capacity-building initiative that should promote collaboration far and wide.”

Both of the programs selected for the top level of support already have earned national reputations as leaders in their disciplines. The financial services program encompasses several areas including:

  • The university’s nationally recognized insurance and risk management program.
  • The Networks Financial Institute, funded by a Lilly Endowment gift of $20 million, which provides education, outreach and research for the financial services industry.
  • The Gongaware Center, created by a $5 million gift from Don and Pat Gongaware, to support executive development, student development and industry research in insurance and risk management.
  • The new Minas Center for Investment and Financial Education supported by an endowment from Randy and Nancy Minas to enhance the quality of investment and financial education programs.

“We have put forth much effort into offering the best financial services education possible throughout the state of Indiana and nationally. We strive to have the best graduates, not only through our nationally recognized insurance and risk management program; but also through our other quality, financial services-related areas, such as accounting, finance, marketing and others,” said Ron Green, dean of the College of Business.

Beginning this fall, the College of Business will offer a new major and minor in financial services. With a financial services degree, students will be able to complete an overview of financial services with specific coursework in the areas of banking, investments, and insurance with an overall focus on ethical decision making. Students in the major also will be able to declare a concentration in one of four areas, including accounting, banking, insurance and investments.

Caleb Mills Distinguished Teaching Award

April 24, 2007

Named for a 19th century educator who helped shape Indiana's public education system and served as the state's second superintendent of public instruction, this award recognizes ISU's most distinguished teachers.

The 2007 recipients are Concetta DePaolo, associate professor of operations management and analysis; Betsy Frank, professor of nursing; and Della Thacker, associate professor of education, curriculum, instruction and media technology.

DePaolo joined Indiana State in 1999 as an adjunct instructor and became a full-time faculty member the following year. Her approach to teaching statistics and management science emphasizes experiential learning activities, and she has co-developed a new insurance/operations management course on enterprise risk management.

"I am extremely honored to have been chosen for this award from among so many dedicated and talented teachers at ISU. I devote a great deal of energy to my teaching, and it is gratifying to have those efforts acknowledged by my students and colleagues," DePaolo said.

Concetta DePaolo receiving the Caleb Mills Distinguished Teaching Award

Concetta DePaolo receiving the Caleb Mills Distinguished Teaching Award from University President Lloyd W. Benjamin III 

<< Full Story >> << Photo Gallery >>

ISU Recognizes State Farm for Philanthropic Spirit

April 23, 2007

State Farm earned the Philanthropy Award for its commitment to philanthropy and philanthropic volunteerism April 20 as part of the Indiana State University Foundation's annual Philanthropy Awards Dinner in Hulman Memorial Student Union.

Formerly known as the university's Distinguished Service Award, this honor recognizes State Farm's impact on the quality of education at Indiana State, particularly in regard to the College of Business and key programs such as insurance and risk management and management information systems.

As a result of State Farm's philanthropic support, the College of Business has received scholarship support for its top-notch management information systems and insurance and risk management programs. The company has also provided funding for student development, summer internships, technology needs, student organizations, executives in residence and dollars for MIS to host its annual high school competition. In addition, State Farm has committed resources to form the College of Business' Career Experience Center and to assist in development of the financial trading floor.

<< Full Story >> << Photo Gallery >>

Business Dean Accepts Position at The Citadel

April 16, 2007

Ron GreenRonald F. Green, dean of Indiana State University's College of Business, has accepted a new position as dean of the school of business at The Citadel, the military college of South Carolina.

Green, who has served as dean and professor of management at Indiana State since 2002, announced last fall that he intended to resign as dean. He will begin his new position at The Citadel on July 1. Green earned his doctoral degree from Clemson University, his master's of public administration and master's of business administration from Jacksonville State University and his bachelor's degree from Clemson.

Study Trip Exposes Insurance and Risk Management Students to London Market, Surplus Lines

April 5, 2007

Although only 13 percent of the commercial insurance market is written on a surplus lines basis, it is of great interest to students and to Indiana State University, as an institution that’s nationally known for its quality preparation of future insurance professionals.

That's what took eight insurance and risk management students and two faculty members to Europe over spring break (March 2-11) for a full-immersion experience into the high-profile London and Zurich insurance markets.

The learning experience was part of Mary Ann Boose's Insurance 449 course. This marked the third London class for Boose, professor and coordinator of the insurance and risk management program at ISU. She organizes the trips to give students a taste of the surplus lines industry from an international perspective. Accompanying Boose and the students on the trip was IRM colleague Terrie Troxel, executive director of the Gongaware Center at ISU.

Students on the trip were, Courtney Burnside, IRM Sophomore from Freetown, IN.; Todd Byram, IRM Sophomore from Clinton, IN.; Brock Fortner, IRM and Business Administration Senior from Clinton, IN,; Kimberley Graham, Aerospace Administration with  IRM minor Senior from Ossian, IN.;  Courtney Hull, Math major with IRM minor Senior from Indianapolis, IN,;  Nicole Lindstrom, IRM Junior from Indianapolis, IN.; Jonathan Lough, IRM Sophomore from Fort. Wayne, IN.; and Amanda Sunbury, IRM and Businuess Administration Junior from Seymour, IN.

IRM London Trip, 2007

IRM London Trip, 2007

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Summer Honors Takes New Direction for 2007

April 3, 2007

Indiana State University has put a new spin on Summer Honors 2007 with the addition of new motorsports-themed seminars. This year's program will run from July 15-27 on the ISU campus.

Summer Honors is a two-week academic program for talented high school students that gives participants an opportunity to sample university life while earning college credit. More than 14,000 students have completed a seminar, earned credit and jump-started their college careers during the program's 38-year history.

Those enrolled in the 2007 program will be able to select from a variety of motorsports-focused sessions as well as many of the traditional sessions of years past, including topics such as graphic design, athletic training, insurance and risk management, engineering physics, elementary education, photography and pre-medicine, among others.

Did you know that some of the hottest topics in motorsports are safety and loss prevention? These also happen to feed into the hottest jobs in risk management and insurance. Racing teams, venues such as dirt tracks and the Indianapolis Motor Speedway, drivers, and all that make up the world of motorsports NEED state-of-the-art risk management to survive. When accidents happen, they all need appropriate insurance to pick up the financial pieces so that they can race again. Join this seminar for a fast-paced look at the behind-the-scenes world of risk management and risk financing, including the challenging world of motorsports insurance.

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Students Learn about East Asian Economy, Financial Services on Trip to Taiwan, Hong Kong

April 2, 2007

Instead of lying on sandy beaches, Indiana State University business students spent their spring break traveling to Taiwan and Hong Kong to get an in-depth education in international business and the financial services industry, thanks to the generosity of ISU alumnus Paul Lo.

The trip to Taiwan and Hong Kong was part of a class co-taught by ISU College of Business faculty Wei He and Chia-An Chao, entitled "Doing Business in East Asia," with a focus on China and Taiwan. Ten students and the two faculty members participated in the experience. The study trip was supported by a $30,000 gift from Lo, CEO of SinoPac Holdings of Taiwan, and a 1970 MBA graduate of ISU.

Students parrticipating were Tiffany Alexander, junior, accounting major, Terre Haute, Ind.; Michael Clampitt, junior, management/finance major, Roachdale, Ind.; Donald Collier, MBA, Terre Haute, Ind.; Michael Keys, senior, management/finance, Paris, Ill.; Jin Hee Lee, MBA, Seoul, Republic of Korea; Whitney Lewis, junior, business management major, Frankton, Ind.; Lamprini Pantazi, MBA, Athens, Greece; Andrew Pyle, sophomore, management information systems major, Vallonia, Ind.; Chris Shackmann, senior art major and marketing minor, Danville, Ill.; and Shannon Walsh, MBA, Boston, Mass.

Financial Service students in Taiwan, March 2007

Financial Service students in Taiwan, March 2007

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Lockton Companies Official is First Insurance and Risk Management Leader in Action

April 2, 2007

Mark HendersonMark Henderson, executive vice president and chief operating officer of Lockton Companies, LLC, will be Indiana State University's first Leader in Action (LIA) Series presenter for Insurance and Risk Management, April 10-11. LIA events are sponsored by the College of Business' insurance and risk management (IRM) program and the Gongaware Center.

During his stay on campus, Henderson will be making a presentation to students at 3:30 p.m. April 10 as part of a capstone insurance and risk management course. This presentation is open to the general public as well and will take place in room 105 of the College of Business. Following his classroom presentation, he will participate in a reception, dinner and presentation with members of Gamma Iota Sigma (the ISU chapter of the national collegiate actuarial, insurance, and risk management society) in ISU's Hulman Memorial Student Union.

The Leader in Action Series is designed to bring top industry executives and leaders in insurance to campus to share their time and talents with students, faculty and the community, said Mary Ann Boose, professor and program coordinator for the IRM Program at Indiana State. "These exchanges build long-term bridges with our industry partners, which will, in turn, provide timely, cutting-edge education for our students and countless opportunities for those students and the company representatives to network."

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Second Annual Ethics and Corporate Responsibility Conference set for March

February 22, 2007

Amber WilliamsJunior President's, Networks and Gongaware scholars at Indiana State University have been working hard to plan the second annual Ethics and Corporate Responsibility Conference, which is set to take place from 9 a.m. to 3 p.m. March 19 in the Hulman Memorial Student Union.

Conference planning and logistics are part of the scholars' junior year objectives-to enhance both their experiential learning opportunities and their leadership skills. And, this year's organizers are hoping to improve on their 300-plus attendance from last year and to draw in more students from other colleges and universities as well.

"We have chosen topics that not only pertain to ethical business issues but also ethical dilemmas which are faced by many employees in a variety of fields," said Amber Williams, executive director of the 2007 Ethics Conference Committee. "We are offering sessions that appeal to students who are studying economics, family and consumer sciences, education, political science, women's studies and many other areas. By becoming more aware of the issues, students will have the knowledge to become better business leaders in the future."

Conference break-out sessions will feature expert speakers and industry panelists on hot ethical issues of the day, such as "Cooking the Books," "Tax Reform," "Decision Making in an Ethical Dilemma," "Monitoring and Censoring Cyperspace," "Product Recall," and "Whistle Blowing," to name a few.

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2 Insurance and Risk Management Students to be Honored with Benedetti Awards

February 22, 2007

Indiana State University students Jocelyn Gohman and Amanda Sunbury have earned honors as 2007 Anita Benedetti Student Involvement Award winners. As such, they will be recognized by the Risk and Insurance Management Society, Inc. (RIMS) at the organization's 45th Annual Conference & Exhibition, April 29 to May 3, in New Orleans, La.

Gohman and Sunbury are receiving the Benedetti Award for their outstanding leadership and involvement -- at Indiana State and in the pursuit of insurance and risk management as an area of study and future career. Last year, RIMS generously sponsored more than 30 students to attend the RIMS 2006 Annual Conference & Exhibition in Honolulu, and this year, Gohman and Sunbury are part of a field of 33 honorees.

Gohman, a senior insurance and risk management major and ISU Networks Scholar (for financial services majors), is originally from Dana. She is the daughter of Mark and Laurie O'Heir of Dana and a 2003 graduate of South Vermillion High School.

A junior from Seymour, Sunbury is earning a double major in insurance and risk management and business administration at ISU. She is the daughter of Jim and Janet Duggins and Shawn and Lori Sunbury of Seymour and is a 2004 graduate of Seymour High School. 

Jocelyn Gohman and Amanda Sunbury

Jocelyn Gohman and Amanda Sunbury

Past Recipients of The RIMS Benedetti Award from Indiana State

Jocelyn Gohman - 2007
Amanda Sunbury - 2007

Michael Haseley - 2006
Jacqueline Zuerner - 2006
Zachary Cole - 2005
Kylee Kester - 2005
Rebecca Shorter - 2004
Sally Martin Leyes - 2003
Courtney Boggs Montfort - 2003
​Jeffrey Short - 2002
Josh Simerman - 2002
Lora DeVault - 2001
Jeanna Dunn Madlener - 2000
Jim Phillips - 2000
Wesley Mantooth - 1999
Kimberly Moyer - 1999
Brian Snow - 1998
Maureen Wozniak Biehl - 1997
Nicole Tingley - 1997
Timothy Leman - 1996
Kerry Bennett Parker - 1996
David Rash - 1995
Brad Hanna - 1994
Christina LaFevor Donato - 1993

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Student Bloggers Offer 'Behind-the-scenes' Look at University Life

February 22, 2007

Gerald SmithCurrent students, potential students – in fact, anyone with an Internet connection – can take a “behind the scenes” look at college life, Indiana State University-style, thanks to three student bloggers. Megan Anderson, Gerald Smith, and Travis Walker are writing blogs to give potential students an idea of what to expect at ISU. “It serves as a chance to let potential students take a look into the lives of students at ISU and what it can offer,” said Bill Herndon, the university’s Web content manager.

Smith, a sophomore business major from Avon, and Walker, a sophomore insurance and risk management major from Terre Haute, blog about their social life and the importance of friends. Smith includes his experiences with friends in almost every post. As noted in his blog, a key issue in Smith’s life has been finding an internship. “I’ve gone to several career fairs just trying to find an internship that will help me in the future,” Smith said. “It’s been tough, but I have found one that suits my needs and wants.” Many students are able to relate to Smith’s difficulties with internship exploration, classes and the importance of friends.

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ISU to Host 11th Annual Groundhog Day Economic Forecast Breakfast Feb. 1

January 31, 2007

Indiana State University will host the 11th annual Groundhog Day Economic Forecast Breakfast. The event features comments on national, state and local issues from an array of panelists. Presenters will provide various perspectives on national issues, comment on state issues, provide local business forecasting and follow up with a question and answer session. Speakers this year include Terre Haute Mayor Kevin Burke, Inside Indiana Business Host Gerry Dick, Dora Hotel Company Owner Tim Dora and ISU Economics Professor Robert Guell. The event is sponsored by the Terre Haute Chamber of Commerce, ISU's College of Business and Terre Haute Savings Bank and Financial Services.

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China Conference Forges Relationships, Encourages Partnerships

January 30, 2007

If any message came through loud and clear at Indiana State University's first China business conference, it was that the United States and China have a lot to learn from each other, and that partnerships - at any level - can only serve to make both entities stronger. The Jan. 24-25 conference, entitled "China: A Two-Way Street," was an opportunity for ISU and China\'s Liaoning University - partners in international education since 1990 - to partner again for the sake of global economic development.

The event, which was also sponsored by Liaoning University and ISU's Networks Financial Institute, drew a crowd of more than 250 to the Westin Hotel in downtown Indianapolis. A highlight of the conference was the visit by a trade delegation led by Sun Dagang, deputy director general of the Liaoning provincial government's Foreign Affairs Office, and several representatives from the Liaoning business, government and academic sectors.

Paul C. Lo, CEO of Bank SinoPac Holdings, Taiwan, and an ISU alumnus, was among the presenters. Lo, who earned his master of business administration degree from Indiana State in 1970, founded 15 years ago Bank SinoPac (with locations throughout Asia and California), which has been recognized by Asiamoney as "The Best Commercial Bank in Taiwan." SinoPac boasts more than 8,000 employees and over $35 billion in assets, but beyond financial capital, Lo said he feels that human capital should be a business' most prized possession.

Indiana State University President Lloyd W. Benjamin III

Indiana State University President Lloyd W. Benjamin III introducing China: A Two Way Street

Photos: China delegation visits Indiana Statehouse | China: A Two Way Street day 1China: A Two Way Street day 2Paul Lo Campus Visit

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Minas Center for Investment and Financial Education

January 23, 2007

The Randall and Nancy Minas Center for Investment and Financial Education will become a reality at Indiana State University, thanks to a gift from the Minas Foundation to establish an endowed fund in support of students, programs and faculty at the university.

Their generous gift of $150,000, plus the Lilly Endowment's match of $1.25 per dollar contributed ($187,500), brings the total value of the Minas endowment to $337,500. The fund will support the operations of ISU's investment and financial education programs, the development of an electronic trading lab and provide numerous opportunities for learning and personal growth for students and faculty. It also will continue to strengthen an already successful investment and financial education program at Indiana State.

"ISU has been an important part of our lives and in our daughter, Dawn's," said Randall Minas, a senior vice president at Merrill Lynch in Merrillville. "Establishing this fund allows us to give back to the university and to impact the lives of students and faculty in the future in a unique way. I've always had an interest in finance and my experiences at ISU increased that desire and were instrumental in expanding that knowledge and setting my career in motion."

As part of the gift, Randy and Nancy Minas are committed to further expanding hands-on learning opportunities for ISU students. As a result, they have asked that the university's award-winning student investment club be directly involved in decisions regarding the administration and growth of this endowment, under the direction of finance faculty within the College of Business and in conjunction with the ISU Foundation.

As proof of their real-world knowledge, ISU's Investment Club earned first-place honors in 2005 out of 17 university teams participating in the Oak Associates Investment Contest (Akron, Ohio). The club, which returned more than 32 percent on its investment, earned a $5,000 award for its achievement. In 2001, it placed first in competition and received an award of $20,000. This success was followed by fifth- and sixth-place rankings in 2002 and 2003, respectively, and an additional award of $5,000.

ISU's club has won a total of $30,000 since 2002, and its portfolio is quickly reaching the $100,000 mark. In addition, the club has distributed nearly $20,000 in student scholarships since its inception in 2001.

Randall Minas earned his ISU degree in management with a minor in accounting. He had a desire to get a degree in finance, but it was not offered at that time. Randy and his wife, Nancy, have three children: Melissa, Dawn (a 2003 ISU graduate in business administration and psychology and owner/operator of the Culver Coffee Company), and Randy. Randall and Nancy reside in Crown Point.

Dawn, Nancy and Randy Minas

Dawn, Nancy and Randy Minas

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IRM Student Earns One of 10 National SAP America Honors

January 22, 2007

Jackie ZuernerJackie Zuerner, a senior Gongaware Scholar and insurance and risk management major at Indiana State University, was one of only 10 students from across the country to receive a scholarship from SAP America for the innovative ideas and solutions contained in her recent competition essay.

"I'm very honored to be a recipient of this prestigious award," said Zuerner, who also is earning a minor in safety management. "It's a testament to the great opportunities I've had in studying insurance at Indiana State, and much credit should go to the enthusiasm of Dr. (Mary Ann) Boose. Through my visits to PRIMA (Public Risk Management Association), attending RIMS (Risk and Insurance Management Society, Inc.), and visiting London to study surplus lines, I've developed a passion for this industry."

Zuerner, the daughter of Dan and Joan Zuerner and a 2003 graduate of Terre Haute North Vigo High School, said she realized the competition would be "a stretching opportunity but that it would also be fun. This essay was my first attempt to illustrate my zeal for learning of the issues of the industry and considering fashions by which to address a particular situation."

Zuerner's essay had to focus on the topic of "Enterprise Resource Planning (ERP)," its relationship to her major and how it could be implemented and applied to the insurance industry. Through analysis of her coursework (safety management, insurance and risk management, and business) and internships, she came to the conclusion that mid-market clients were underrepresented in the brokerage arena.

Her solution was to urge brokers to implement portal systems that would be available to all mid-market clients. This way, the client would be empowered to review current articles of particular concern (Avian flu, market cycles, insurance industry trends, etc.), track losses and claims, and have a central repository for photos, claims filings, and other valuable information. In return, the insured would receive that same valuable information and a more detailed evaluation of his or her insurance program.

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Groundhog Day Economic Forecast Breakfast Feb. 1 at ISU

January 16, 2007

Indiana State University will host the 11th annual Groundhog Day Economic Forecast Breakfast from 7 to 8:30 a.m. Feb. 1 in Dede I of the Hulman Memorial Student Union. The event is sponsored by the Terre Haute Chamber of Commerce, ISU's College of Business and Terre Haute Savings Bank and Financial Services.

The event features comments on national, state and local issues from an array of panelists. Presenters will provide various perspectives on national issues, comment on state issues, provide local business forecasting and follow up with a question and answer session.

Speakers this year include Terre Haute Mayor Kevin Burke, Inside Indiana Business Host Gerry Dick, Dora Hotel Company Owner Tim Dora and ISU Economics Professor Robert Guell.

Gerry Dick, a 1990 ISU graduate, is host and creator of Inside INdiana Business. In 2000, Dick and a partner formed Grow Indiana Media Ventures, LLC, a new media company created to deliver business and technology news and information through multiple media sources. Prior to the creation of Grow Indiana Media Ventures, Dick served as senior vice president of the Indianapolis Economic Development Corporation (IEDC).

Tim Dora is co-owner of Dora Brothers Hospitality Corporation and Indiana Hotel and Property Management Inc., both hotel management companies. He also is the sole owner of Dora Hotel Company, a hotel development and management company, which is currently developing both a Hilton Garden Inn and a Candlewood Suites extended stay hotel in Terre Haute.

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ISU's Insurance and Risk Management Career Expo Jan. 25

January 10, 2007

Indiana State University's Insurance and Risk Management Career Expo is set to take place on Thursday, Jan. 25 from 2 to 5:30 p.m. in Dede I of ISU's Hulman Memorial Student Union. During this event, employers seek internship candidates as well as graduating seniors for their open positions.

"The Career Expo is a great opportunity for students of all majors to see what the insurance industry has to offer," said Jocelyn Gohman who is from Dana, Expo co-coordinator and a senior insurance and risk management major from Dana. "Students will have a valuable opportunity to make industry connections to last a lifetime.â€

More than 20 companies are expected to attend the third annual event. Some of those attending will include: American United Life (a OneAmerica Financial Partner); Amerisure Mutual Insurance Company; Arlington/Roe & Co.; Auto-Owners Insurance Company; Employers Security Insurance Co.; Federated Insurance Company; Forrest Sherer Inc.; Great American Insurance Group; Horizon Planning Group, Inc.; JW Flynn Company; Lockton Companies; National Interstate Insurance; Northwestern Mutual Financial Network (The Kentucky Southern Indiana Group); State Auto Insurance Companies; State Farm; and Thrivent Financial for Lutherans.

ISU student organizations are being encouraged to set up "brag" tables about their groups as part of Expo activities, and ISU professors are asked to contact organizers so class sign-in sheets can be on hand for attendance purposes, according to Jon Lough, a sophomore insurance and risk management major from Fort Wayne and also a co-coordinator for the event.

In addition to serving as co-chairs of the Expo, both Gohman and Lough are involved in a variety of other activities at ISU. Gohman, an ISU Networks Scholar (for financial services majors), serves as the student representative on the Insurance Advisory Council, is a member of Gamma Iota Sigma, the Insurance and Risk Management Honors Corps (GPA of 3.6 or above), Beta Gamma Sigma (Business Honorary Fraternity), Alpha Lambda Delta (Honorary Fraternity) and the Dean’s Student Advisory Council.

Lough, an ISU Gongaware Scholar (for insurance and risk management majors) from Fort Wayne, also a member of Gamma Iota Sigma, participates in Toastmasters International, Student Government Association, Freshman Council, Fresh Faces, Insurance and Risk Management Honors Corps and Campus Outreach.

Jocelyn Gohman and Jonathan Lough

Jocelyn Gohman and Jonathan Lough

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Driving Ambition: Guy Faulkner Signs on for Two-year stint with ISU Motorsports Studies Effort

January 9, 2007

Guy Faulkner, a senior lecturer in individual and organizational development for the Harrow Business School at the University of Westminster, England, spent several months at Indiana State University last summer and fall as a visiting fellow for motorsports to lay the groundwork for a variety of related initiatives. Now, he is embarking on a two-year appointment at ISU as director of motorsports initiatives to help get many of those projects off the ground.

Besides the April 2006 announcement of a new minor in motorsports management, a joint endeavor involving ISU's colleges of Business, Health and Human Performance, and Technology -- the university is continuing to develop a variety of related initiatives as a means of emphasizing even further its commitment to motorsports studies and to enriching the state's workforce in regard to that industry.

Faulkner's trip to ISU as a visiting fellow for motorsports studies in 2006 came on the heels of his six-month stint at East Tennessee State University to work on training for the motorsports industry. He received government funding to work there with colleagues at ETSU and Bristol Motor Speedway to understand the differences in training needs between the U.S. and the U.K. motorsports industries. His appointment at ISU will run from Jan. 22, 2007 through June 30, 2009.

Faulkner has a master's degree in human resource management, is a chartered fellow of the Chartered Institute of Personnel and Development, a fellow of the Royal Society of Arts, a member of the Chartered Management Institute, and an academic member of the Design Management Institute and Read Philosophy at the University of Oxford. Besides ISU, he also has served in visiting faculty roles at Hochschule (Technical University), Bremen, Germany; CESEM Business School, Marseille, France; and with the MBA program at Henley Management College in the U.K.

Guy Faulkner

Guy Faulkner

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