In
This Issue:Making
the Alumni Connection
This week, the Alumni Office sponsored an Almost Alumni Celebration with
the class of 2003. At this event, I had the privilege of introducing the
newest members of our alumni ranks to the Johnson School alumni network;
reviewing recent developments with Johnson School alumni clubs throughout
the country and the world; and describing the many opportunities for alumni
involvement with the Johnson School. Today, I would like to extend to
you the same invitation that I offered the class of 2003: to participate
in the revival and expansion of our Johnson School alumni club network.
Currently, we have or are developing Johnson School alumni clubs in Metro New York, Greater Boston, the San Francisco Bay Area, Rochester, Europe, Japan, and Korea. Target cities and regions for our next phase of expansion include Atlanta, Chicago, Dallas-Ft. Worth, Philadelphia, Seattle, Southern California, and Washington, DC. We intend to expand yet further as we identify volunteers who are willing to lead club efforts in other regions.
Although not all of our alumni clubs are structured identically, most have the following committees, all of which are seeking additional volunteers:
- Continuing Education/Speakers: plans events featuring faculty and alumni business leaders speaking on topics of current interest to members of the business community
- Social: plans social gatherings such as happy hours, sports outings, cultural events, etc. for Johnson School alumni and with alumni of other business school clubs
- Admissions: assists the Admissions Office with promoting applications to the Johnson School and with admissions yield efforts, including individual contacts with admitted students and planning regional events to which admitted students and local alumni are invited
- Community Service: plans projects in which alumni participate to benefit the local community (e.g., Habitat for Humanity, blood drives, etc.)
- Annual Fund: assists with peer solicitation of gift support for the Annual Fund
- Marketing and Communications: oversees club communications efforts, including development and maintenance of club web site, club newsletter, promotion of club events, etc.
If you are interested in assisting or organizing a Johnson School alumni club, then I invite you to contact me and we will discuss how you would most like to participate. The opportunities to become involved are many. All we need is you. Please join us!
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Risa
M. Mish '85, JD '88
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| Class of 2003 Celebrates at Tower Club Dinner - Members of the class of 2003 who contributed to the Johnson School Annual Fund at the Tower Club level joined over 1,000 other Cornellians on April 11 at Chelsea Piers in Manhattan for the 2003 Tower Club Dinner. |
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| Tetsushi Sasago, Class of 2003 Alumni Regional VP for Asia, and his wife and daughter also attended the Tower Club Dinner in April. The class of 2003 has raised over $200,000 to date toward their class gift contribution to the Johnson School Annual Fund. |
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| This Month's Featured Alumni: |
| Daniel
Hale, MBA '91, Wins Agatha Award |
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| On May 3, Daniel J. Hale, MBA '91, and his nephew, Matthew LaBrot, received the prestigious Agatha Award in the category of Best Children's/Young Adult Mystery Novel for their co-authored novel, Red Card - A Zeke Armstrong Mystery (Top Publications 2002), a mystery adventure story set in the world of competitive youth soccer. LaBrot's proud uncle and co-author notes that Matthew is the "youngest-ever winner in the history of the Agatha Award." A reviewer in the School Library Journal says of the book, "The constant action and excitement of the play-by-play, the mystery, and Zeke's first-person narration should hold readers' attention." A 13 year old amateur reviewer on Amazon.com puts it more succinctly: "Zeke Armstrong is like James Bond except he's only 13." |
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| The February 2003 issue of Latin Trade magazine named Mark Hoffman, MBA '97, as one of 40 members of a "Latin American Dream Team"—business leaders who are "Latin America's future CEOs." Hoffman, the youngest member of this "Dream Team" is Country Manager in Peru for U.S. power company PSEG Global, where he oversaw the company's $227 million purchase of power utility ElectroAndes during its privatization in mid-2001. |
High Honors for Professor Charles Lee
A paper co-authored by Charles M.C. Lee has won the American Accounting Association's 2003 award for notable contributions to accounting literature, which recognizes research of exceptional merit. Lee co-wrote "Accounting valuation, market expectation, and cross-sectional stock returns" (1998; Journal of Accounting and Economics) with Richard Frankel. Bestowed annually on papers published up to five years before the award date, the distinction is possibly the most-prestigious award given to any individual study or author in the field of accounting. Lee is professor of accounting and finance and the Henrietta Johnson Lewis Professor of Management. He is also the faculty director of the Parker Center for Investment Research.
Professor Lee was also recognized in another vital capacity—as an influential teacher in a student's Johnson School experience. One of this year's Merrill Presidential Scholars selected Lee as "the faculty member who has had the most positive influence on his education at Cornell." Merrill Scholars are those members of the graduating class judged by their deans to be outstanding in scholastic achievement, leadership ability, and potential for contributing to society.
Johnson School Stock Pitch Challenge—See the Video Coverage!
The Johnson School took second place (and $1,500) last month in a new and unique contest for future investment analysts—the MBA Stock Pitch Challenge, which the Johnson School hosted and co-sponsored. View highlights of the final round and behind-scenes footage.
Bringing together teams from ten of the top U.S. business schools (including Chicago, Harvard, Tuck, Wharton, and Michigan), the competition charged teams with not only identifying attractive equities, but also convincing others of their merit.
The Johnson School team members, Jeff Starr, John Morgan, and Ralph Marcello, are all Cayuga Fund managers. Taking top honors were NYU's Frank Boroch, Sami Kohan, and Chris Horvers, who also left with $3,000.
Judges, representing both buy- and sell-side equity analysis, were Richard E. Cripps, chief market strategist for Legg Mason; Andrew J. Galligan, JR, director and analyst at TimesSquare Capital Management; William R. Gruver, visiting professor at Bucknell University; Judah S. Kraushaar, former vice president and analyst with Merrill Lynch; Stephen A. Lanzendorf, director of quantitative research for Independence Investments; and Peter Wright, founder, P.A.W. Partners hedge fund. Gruver praised the students for doing so much in such a short time, and Kraushaar joked, "I have a couple of trades I want to do when I get home."
CMC Launches Jobs Initiative
As of May 12, 108 students in the class of 2003 are still seeking permanent employment and 64 students in the class of 2004 are seeking summer internships. To help these students gain valuable work experience, the Johnson School's Career Management Center has launched the Johnson School's 2003 Project Team Initiative. The goal of the program is to place students in short-term assignments performing MBA-level work. This program was first implemented in 2002 and was successful in placing 27 students in 23 projects.
The program also benefits employers, whose staff may already be reduced and overworked. Through the PTI, firms have access to highly accomplished MBA students at rates far below the customary rate charged by consultants. Projects last from two weeks to six months. Some require relocation, but many can be accomplished off-site.
So far, 36 students have signed up to join the PTI "pool." These students have maturity, project management experience, analytical skills, and a strong grounding in the principles of successful business management. Among them, there is expertise in all the functional areas of business.
If you have an idea for a project in your firm, contact program co-managers Donna Fleming or Kim Alexander at jscmc@cornell.edu or 607 255-4888. They will help you develop a job description and discuss details with you.
As always, if you know of a full-time MBA-level opening in your firm or a summer internship please contact the Career Management Center.
Recent Media Hits
The Just about Jobs career event continued to generate news interest, with additional mentions in many major print media outlets across the country, and a follow-up piece in the column of Ron Alsop, the Wall Street Journal reporter who attended the event. For details and other media stories, see Johnson School in the News.
Check Out Spring Issue of Enterprise
Professor Roni Michaely is getting a lot of news coverage about his latest ideas on the stock valuation. Is Beta dead? Are sell-side analysts unbiased? Are value stocks riskier? Read about Roni's controversial paper in Enterprise. You can also find out what members of our community had to say about globalization at the last European Symposium. Did you know that promoting a good internal candidate is generally better than hiring an outstanding external candidate? It's all in the spring issue of Enterprise. If you didn't receive your copy in the mail, just let us know and we'll send one out immediately.
No Add/Drop Lines Here
If you haven't yet done so, check out Cornell's CyberTower - an online learning environment featuring provocative and topical discussions led by Cornell faculty. In the monthly Faculty Forum, host Dean Glenn Altschuler discusses a topic with a Cornell expert in an hour-long video clip, and viewers can conduct their own conversations through organized threads on the Forum discussion boards.
April's Forum topic is "The Web, artificial intelligence, and computational biology in modern life," with Robert Constable, dean for computing and information science. He and Dean Altschuler talk about the Web's impact on learning and publishing, search engines, and artificial intelligence.
You can also browse archived Forums, which address such topics as post-war Iraq, new approaches to conflict resolution, ergonomics, and reflections on the Israeli-Palestinian conflict.
Another Cybertower feature is the Study Rooms, in which Cornell faculty host virtual classrooms on specific subjects. In each Study Room, you can watch video lectures on the subject, participate in discussions with other viewers, access reference materials to supplement the lectures, find sources for further reading, and check out faculty-recommended links
Just visit http://cybertower.cornell.edu to investigate these and the other Cybertower offerings. Registration is required, but free to Cornell alumni, faculty, staff, and students.
Summer Learning
After the past year, with more than its share of corporate scandals and market upheavals, there's no wonder that so many investors are skittish about making investment decisions. Here's a chance to take a hard look at Wall Street today and assess the challenges and opportunities created by recent events. Join Professor Hal Bierman, Jr., and other Johnson School faculty, at "Wall Street 2003: investments in a year of flux and opportunity," during Cornell Adult University this summer.
The course will examine such issues as: principles of stock evaluation, competing theories of securities selection, alternatives to common stock, understanding market cycles, and putting risk-and-reward tradeoffs into perspective. No matter your level of investment expertise, and no matter the size of your portfolio, you'll have a great learning experience during this course.
"Wall Street 2003" takes place during Week 1 of Cornell Adult Education, July 6 - 12, 2003. Follow this link to register online.
Business Plan Pitch Invitation
Attention Cornell entrepreneurs: As a new addition to this year's Princeton Entrepreneurs' Network Annual Conference, we are offering entrepreneurs the opportunity to pitch their business plan to a group of senior Venture Capitalists. The business plan pitches are scheduled for the afternoon sessions (2:00 p.m. to 5:30 p.m.) of the Conference on May 29. We invite the East Coast alumni clubs of the Johnson School to participate. The format is 5-7 minutes to present followed by 7-10 minutes of Q&A/feedback. Confirmed investors include International Capital Partners, Meridian Venture Partners, Domain Associates, The Nassau Group, BEV Capital, MedEquity Capital, EGS Healthcare Capital Partners, Jegi Capital, and more. For more information, contact the National Conference Committee, Princeton Entrepreneurs' Network.
May 17
A "Happy Hour" event to welcome new graduates and fall 2003 incoming students. Toho Kenbunroku Restaurant (three minutes from Omote-sandou station off Ginza-line or Hanzo-mon line), May 17, 7:00 p.m. RSVP to Bunya Fujiwara or just show up!
May 20
MIT Sloan Alumni Association: "Tuesday Networking" at the Cottonwood Café, 222 Berkeley Street, 6:00 to 9:00 p.m. Free, but please register. These events occur every Tuesday. For a complete listing of events, please visit www.mitsloanevents.com. For more information, please contact Haakon Brown.
May 21
The Johnson Club of Rochester's Distinguished Alumni Speaker Series presents "Making Wine, Making Money - A Finger Lakes Winery Success Story," presented by Art and Joyce Hunt of Hunt Country Vineyards. Del Monte Lodge, 41 N. Main Street, Pittsford, NY. Wednesday, May 21, 6:00 p.m. Patio Reception, Wine Tasting, and Hors D'oeuvres; 7:00 p.m. presentation and Q&A. Members: $15; Guests: $18. RSVP to Lois Niland, 585 383-8807.
San Francisco, CA, May 20
Los Angeles, CA, May 21
Seattle, WA, May 22
"Low Cost Super-Computing with High Performance Clusters" by Tom Coleman of Cornell's Theory Center. For more information on locations and times, or to RSVP, please visit www.cen.cornell.edu.
May 21
"The Art and Business of Live Broadcast Meteorology and News" by Kevin Lemanowicz '91, Chief Meteorologist. On-site at Fox25 Studios, 6:30 to 8:30 p.m. To RSVP, please visit www.cen.cornell.edu.
May 29
"The Art of Serious Fun - Keys to Entrepreneurial Success" by Jeffrey Parker '65, M.Eng '66, MBA '70, Founder of First Call, Co-Founder and CEO of CCBN, Cornell Entrepreneur of the Year 2001. Tysons Corners Marriott, 8078 Leesburg Pike, Vienna, Virginia, 6:00 to 9:00 p.m. To RSVP, please visit www.cen.cornell.edu.
June 5-8
REUNION 2004! All are welcome, but the following classes are celebrating their milestone reunion: 1948, 1953, 1958, 1963, 1968, 1973, 1978, 1983, 1988, 1993, and 1998. View the schedule of events and register.
June 10
"A Life with MBA: John Wood and Room to Read, From Microsoft to Books on Yaks" sponsored by the London Business School (all top-tier business school alumni are invited). Swiss House in Harvard Square, Cambridge, MA, 6:30 to 9:30 p.m. To attend, please register by June 8. Cost is $40. For more information, contact Steve Park.
June 12
"Doing Business in China" presented by Bob Staley '58, MBA '59, Senior Advisor/Retired Vice-Chairman, Emerson Electric, Carl Bass '83, EVP Design Division Solutions, AutoDesk, Nisa Leung '92, Venture Partner, PacRim Venture Partners. The "W" Hotel, 181 Third Street, 6:00 to 8:30 p.m. To RSVP, please visit www.cen.cornell.edu.
June 18
"Lessons Learned by an Entrepreneur" by Steve Belkin '69, Founder, Trans National Group. Sheraton Boston, 39 Dalton Street, 6:00 to 9:00 p.m. To RSVP, please visit www.cen.cornell.edu.
June 21
Special 1-day Course: "Frontiers of Internet E-Business: Intro to Semantic Web & Web Services" led by Professor Benjamin Grosof. MIT Sloan School of Management, 50 Memorial Drive, room TBD, 8:00 a.m. to 6:30 p.m. For more detailed information, please contact Lindsey Anderson, 978 287-2789.
June 23-25
Cornell's Mars Exploration Rover Launch
Join Cornell astronomers, alumni and hundreds of scientists and engineers, to watch the launch of the Mars Exploration Rovers and the Athena science payload. You can read more about the launch at http://mars.jpl.nasa.gov/mer/. For more details on these three launch events or to RSVP, please contact Diane Bollen, 607 255-5284.
View and search a complete listing of Cornell University events.
Johnson School specific events appear in red.
| JAC
- The Johnson Alumni Connection JAC, our online alumni database, is your ticket to networking, the Alumni Job Bulletin, and connecting with the Johnson School community. You can search the database by class year, geography, company, industry, and more. Please help us keep our data current by updating your alumni profile and by letting us know if JAC contains inaccurate information for any of your Johnson School friends. We thank you for your assistance and support, and we look forward to receiving feedback from alumni who are JAC users. Cornell
Alumni Directory Johnson
Gear Available Online If you wish to be removed from the Johnson School e-mail list, please e-mail jgsmalum@cornell.edu. |