September 24th, 2014
More than 400 business students converged on City Park Saturday (Sept. 20) for the first-ever day of service for Business TIDES, the Tulane InterDisciplinary Experience Seminars aimed at first-year students interested in majoring in business.
Freeman School student Ben McManus helps plant irises on Nursery Island in City Park. (Photo by Ryan Rivet)
Organized by the Center for Public Service in collaboration with the business school, the service day brought together students and instructors from all 27 sections of the Freeman School’s two TIDES courses. The students spent the morning working at 11 different sites in the park, doing everything from planting flower beds and clearing hiking trails to tearing down invasive vines and weeds that threaten the park’s native trees.
While the connection between business and cutting down ragweed might not be immediately apparent, Michael Hogg, associate dean for undergraduate education at the business school and one of the event’s organizers, says there’s an underlying message.
“As future leaders, our students need to realize that they’re an integral part of the communities in which their organizations exist,” he says. “Part of being a good leader is recognizing that you need to help the community, and business people are uniquely suited to do that because they’re good problem solvers.”
Business student Kody Low, who spent the morning pulling down vines in the area around Couturie Forest, says the project was especially satisfying.
“With a lot of community service work, you don’t really see the fruits of your labor until much later,” Low says. “What was nice about this is it was something we could do really quickly. You’d have entire trees you couldn’t even see and then after pulling down vines for 10 minutes, you’d have a great looking oak.”
“We saw a few people walking their dogs or with their kids in the park,” adds student Elena Garidis. “It was nice talking with them and hearing them say, ‘Thank you so much for doing this. We love the park, and we like seeing young people invested in the community and making a difference.’”
September 19th, 2014
At first glance, the keynote speakers at the 35th annual Tulane Business Forum couldn’t have been more different. Laurie Ann Goldman helped build spunky shapewear manufacturer Spanx into an international brand with $250 million in annual sales, while David Dunlap heads Superior Energy Services, a $4.6 billion company that specializes in hydraulic fracturing and oilfield services.
Laurie Ann Goldman, former CEO of Spanx, talked about some of the entrepreneurial lessons the company taught her as a keynote speaker at the 2014 Tulane Business Forum.
But despite their differences, the two executives had a similar message for forum attendees on Thursday (Sept. 18): Stay true to your company’s unique mission, and success will take care of itself.
Goldman, a third-generation Tulane alumna, said one of the keys to Spanx’s success was identifying the apparel company’s true mission: to help customers improve their self-esteem.
“We defined the look better-feel better connection with an accessible, best-friend mentality,” Goldman said, adding that the company helped women laugh about fashion challenges like the dreaded muffin-top.
“Laughing about imperfections is really just a part of sharing and helping women get comfortable with whatever they consider their problem areas to be,” Goldman said. “That spirit of fun and irreverence is really what separated Spanx.”
Dunlap, who became CEO of Superior Energy in 2010 and president in 2011, said the companies driving the current domestic oil production boom are looking for something that the big players in the industry — companies like Halliburton, Weatherford and Schlumberger — can’t provide
“The new customers want reliability, they want innovation and they want cost efficiency,” Dunlap said, noting that those were advantages traditionally associated with small companies.
David E. Dunlap, president and CEO of Superior Energy Services, said the developers driving the current domestic oil boom are looking for oilfield services firms with a small-company mentality.
Despite Superior’s large size, Dunlap said the company’s unique philosophy — buying regional, often family-owned companies and keeping those companies’ managers in place – has made it a good match for today’s market environment.
“[Our employees] have what we call a founder’s mentality,” Dunlap said. “They think about doing things faster and better and cheaper and easier. That’s the kind of mentality of management we’re looking for because that’s the kind of mentality of management that thinks like a small company.”
The forum, which took place at the Hilton New Orleans Riverside, kicked off with welcoming remarks by Dean Ira Solomon and also featured presentations by Laura Cox Kaplan, principal-in-charge of Government, Regulatory Affairs and Public Policy at PricewaterhouseCoopers; Iftikhar Ahmad, executive director of the New Orleans Aviation Board; Gregory C. Feirn, CEO of LCMC Health; and Wan Kim, CEO of Smoothie King.
The Tulane Business Forum is an annual presentation of the A. B. Freeman School of Business and the Tulane Association of Business Alumni (TABA), which uses funds from the forum to support a wide array of student-focused programs.
September 5th, 2014
For its 35th annual program, the Tulane Business Forum highlights the achievements of renowned local, national and international organizations and the visionaries behind the scenes. These savvy business leaders will share the secrets of their successes in an enlightening and entertaining look at best business practices.
Laurie Ann Goldman
“Taking Flight: Business Leaders Executing Plans for Success” will feature keynote speakers David D. Dunlap, president and CEO of Superior Energy Services Inc. (Houston), and Laurie Ann Goldman, former CEO of SPANX (Atlanta). Dunlap will offer his perspective on how unconventional resource development has resulted in new opportunities in the oil and gas services market and how Superior Energy Services is effectively competing with industry giants. Goldman will draw on her past experience at shapewear powerhouse SPANX and illustrate how successful startups can become lucrative mainstays if complacency is not part of the business equation.
The Tulane Business Forum, presented by Iberiabank Corp. and sponsored by the Tulane Association of Business Alumni (TABA), will be held on Thursday, Sept. 18, from 8:15 a.m. to 1:45 p.m. at the Hilton New Orleans Riverside.
Other presenters this year include:
- Ira Solomon, dean of the A. B. Freeman School of Business at Tulane University (New Orleans), will provide welcoming remarks.
- Iftikhar Ahmad, executive director of the New Orleans Aviation Board (New Orleans), will describe the many reforms put in place at Louis Armstrong International Airport since May 2010 and outline his vision to achieve a world class airport.
- Laura Cox Kaplan, principal-in-charge of government, regulatory affairs & public policy of PricewaterhouseCoopers LLP (Washington D.C.), will provide insight on the tactics and strategies that work in Washington for business and will share a few case studies to demonstrate these points.
- Gregory C. Feirn, CEO of LCMC Health (New Orleans), will report on the expeditious growth of LCMC, a locally based non-profit healthcare system founded in 2009, and its role as a primary provider of health care in the Gulf Coast region.
- Wan Kim, CEO of Smoothie King (Metairie), will talk about the advantages that led to his decision to move his company headquarters to Metairie and the vision for the brand’s future and global expansion.
The Tulane Association of Business Alumni (TABA) represents over 19,000 alumni worldwide, and the forum is its premier event. Each year, the forum features speakers of national and international acclaim who address a variety of business topics of interest to the business community.
Forum registration, which includes continental breakfast and lunch, is $160 for the general public and $130 for Tulane alumni. Accountants can earn five Continuing Professional Education credits and engineers can earn five Professional Development Hour credits by attending the forum. For more information or to register, visit TulaneBusinessForum.com or call 504-861-7921.
August 26th, 2014
As John Trapani listened to the names of graduates at this year’s Freeman School diploma ceremony, a thought struck him: Nearly half of the 700-plus degree recipients were from outside the U.S.
The Freeman School was recently ranked fifth in the nation for studying business abroad and fifth in the world for international business.
“I leaned over to one of our faculty members and said, ‘What you’re witnessing is the export of educational services,’” laughs Trapani, the Martin F. Schmidt Chair of International Business. “We’re exporting our services to China, Latin America and elsewhere, and that’s a good thing for the United States.”
As executive director of the Goldring Institute of International Business, Trapani has been exporting Freeman School educational programs for 25 years, but in the last several years, Trapani says the number of students enrolled in those programs has reached an all-time high.
“We don’t always get the recognition for it, but we have more than 500 students from around the world pursuing our master’s degrees right now,” Trapani says. “That’s a huge number for a school our size.”
The size and scope of the Freeman School’s international initiatives surprised even Dean Ira Solomon.
“When I was a candidate for the dean’s position, nobody really told me the extent to which the school has such a heritage of global engagement,” Solomon says. “There are other schools around the country that really beat their chests about these things, but we’ve been relatively quiet about it. That’s something I’d like to change, because there aren’t many other schools with the breadth and depth of experience in global business that we have.”
John Trapani has helped make Freeman one of the top schools in the nation for international business.
Summer is traditionally the time when many students in the Freeman School’s international programs travel to New Orleans to take classes in fulfillment of their campus residency requirements. This summer, the Goldring Institute welcomed more than 150 international students to campus for classes in conjunction with a variety of programs.
Those programs included the CENTRUM-Tulane Global EMBA program, a 48-hour dual degree program for executive students in Lima, Peru; the ICESI-Tulane Global MBA program, a 36-hour dual degree Master of Management program for MBA students in Cali, Colombia; the UFM-Tulane Master of Management program, a 36-hour dual degree master’s program for students in Guatemala City, Guatemala; and the Latin American Faculty Development PhD Program, a business doctoral program for faculty members at leading universities throughout Latin America.
While there was a lot of activity on campus this summer, it was just one small part of the Freeman School’s international summer programs. In addition to the students who visited New Orleans this summer, the Goldring Institute and the Stewart Center for Executive Education sent more than 250 students to Europe, China, Latin America and India for coursework in conjunction with various programs.
In a January Financial Times survey, students ranked the Freeman School fifth in the world for international business, and in July, education and careers website Business Research Guide rated Freeman as the fifth best school in the country for studying business abroad, a ranking based on commitment to excellence in international business education, variety of study abroad options for full and part-time students, and focus on global exchange with educational institutions across the globe.
While those rankings might surprise people who associate international business with high-profile institutions like the Wharton School, Trapani says they don’t surprise him one bit.
“I think what it tells us is our students like what we’re doing and think we really know what we’re doing,” Trapani says. “We may not be the biggest, but if our customers think we’re doing a good job, that’s a very good thing.”
August 18th, 2014
Dean Ira Solomon is pleased to announce the following appointments to the faculty of the A. B. Freeman School of Business at Tulane University.
C. Edward Fee joins the Freeman School as the Morton A. Aldrich Professor of Business and professor of finance. Fee, a visiting professor at the Freeman School in 2013-14, was previously the Philip J. May Endowed Professor of Finance at Michigan State University. His research interests are primarily in the areas of corporate finance and corporate governance, and include mergers and acquisitions, managerial labor markets, and the interaction of corporate financial policy with product market relationships. He has published in leading finance and accounting journals, including The Journal of Finance, Journal of Financial Economics, Review of Financial Studies, The Journal of Business, Journal of Accounting and Economics, and The Accounting Review. His article “Managers With and Without Style: Evidence using Exogenous Variation,” co-authored with Charles Hadlock and Joshua Pierce, won the 2014 Michael J. Brennan Award for the best paper in the Review of Financial Studies. Prior to beginning his academic career, Fee traded commodity options and futures. He has an MBA from Tulane University and received his PhD from the University of Florida.
Ganapathi (Gans) Narayanamoorthy, who joins the faculty as associate professor of accounting, comes to the Freeman School from the University of Illinois at Urbana-Champaign, where he served as an assistant professor of accountancy. He also served as an assistant professor at Yale School of Management. Narayanamoorthy’s research focuses on the capital markets area in accounting, with particular emphasis on market efficiency and litigation risk. He is also a bank accounting expert. Narayanamoorthy has published extensively in the top journals in accounting, including the Journal of Accounting Research, Journal of Accounting and Economics, Contemporary Accounting Research, and Review of Accounting Studies. Prior to entering academia, Narayanamoorthy was an investment banker managing public offerings of large corporations, including Fortune 500 companies. He received his bachelor’s degree from the Indian Institute of Technology in Kanpur, India, his MBA from the Indian Institute of Management in Ahmedabad, India, and his PhD from the University of Rochester.
Assistant Professor of Accounting Adrienna Huffman comes to the Freeman School from the University of Utah, where she recently completed her PhD. Huffman’s research focuses on capital markets, with an emphasis in valuation and financial reporting. Her dissertation explores the implications of asset measurement attributes for firm valuation. At Utah, Huffman’s dissertation was granted the competitively-awarded, university-wide Marriner S. Eccles Research Fellowship in Political Economy for originality, creativity and potential for research success. Prior to her academic career, Huffman worked for the U.S. Department of Commerce as a statistician at the Census Bureau. She earned her undergraduate degree with honors in economics from Washington University in St. Louis.
Nishad Kapadia, who joins the faculty as assistant professor of finance, comes to the Freeman School from the Jones Graduate School of Management at Rice University, where he served as an assistant professor of finance. Kapadia’s research is focused on empirical asset pricing and has appeared in the Journal of Financial Economics. Kapadia has also worked with KPMG Consulting in London and Bombay on projects that included business strategy, technology selection and risk management for financial services firms. He received his bachelor’s degree from St. Xavier’s College in Bombay, his MBA from the Indian Institute of Management in Bangalore, India, and his PhD from the University of North Carolina at Chapel Hill.
Osman Kazan joins the Freeman School’s tenure-track faculty as an assistant professor of management science after serving as a visiting professor in 2013-14. Kazan received his PhD in 2013 from the University of Texas at Dallas, where he specialized in electricity pricing and retail power management. His research explores decision making associated with energy issues such as smart grids and renewables, and he often uses empirical methods to estimate power generation costs and map consumers’ demand patterns through behavioral experiments. Prior to beginning his academic career, Kazan worked as a senior management consultant for technology companies including Sabre and Hewlett-Packard. He holds a bachelor’s degree from Middle East Technical University in Ankara, Turkey, and a master’s degree in operations research from the State University of New York at Buffalo.
Assistant Professor of Finance Zeigham Khokher joins the tenure-track faculty after serving as a visiting professor in 2013-14. His research interests include energy finance, with an emphasis on reduced form and structural models. Prior to joining the Freeman School, he served as a visiting faculty member at the University of North Carolina at Chapel Hill and the Securities and Exchange Commission. As an assistant professor at Western University’s Ivey Business School, Khokher received numerous teaching awards. He is the co-author of “Exhaustible Resource Price Dynamics,” which was published in the Journal of Finance. Khokher earned a BBA (Finance), BA (Mathematics), MS (Mathematical Statistics) and PhD (Finance) from the University of Texas at Austin.
Joon Ro, assistant professor of marketing, received his PhD from the University of Texas at Austin in 2014. His research uses empirical models to evaluate the effectiveness of marketing strategies and make policy recommendations, especially in creative industries such as movies and video games. Ro’s dissertation focused on firms’ dynamic pricing strategies under the presence of used goods markets and consumers’ dynamic product adoption. He has a BA and MA in economics from Sogang University in Seoul, South Korea, and an MS in economics from the University of Texas at Austin.
Assistant Professor of Management Science Claire Senot comes to the Freeman School from the Fisher College of Business at Ohio State University, where she recently received her PhD. Senot’s research interests include health care operations, quality management and organizational learning. Her paper “Process Management Impact on Clinical and Experiential Quality: Managing Tensions between Safe and Patient-Centered Health Care,” published in the Manufacturing & Service Operations Management (M&SOM) journal, received the INFORMS 2012 Industry Studies Best Paper Award. Prior to beginning her academic career, Senot worked in operations management in Sydney and Chicago. She holds a master’s degree from Audencia Graduate School of Management in France and an MBA from Ohio State University.
Sherif Ebrahim joins the Freeman School as a lecturer in strategy and innovation and director of entrepreneurship and innovation education with the Levy Rosenblum Institute for Entrepreneurship. Ebrahim had served as an adjunct professor of strategy and innovation at the Freeman School for the past several years. Ebrahim is president & CEO of Strategic Management Group and managing partner of SMG Capital. He is a board certified health care executive, a Fellow of the American College of Healthcare Executives, an NAPH Managed Care Public Policy & Finance Fellow from New York University, and a Health Systems Management Fellow from Tulane University and the state of Louisiana.
Anu Varadharajan joins the Freeman School as a lecturer in accounting and associate director of the Master of Accounting program. She comes to the Freeman School from the University of Illinois at Urbana-Champaign, where she served as a lecturer in accountancy and where she consistently appeared on the List of Teachers Ranked as Excellent. Prior to beginning her academic career, Varadharajan spent nine years with PricewaterhouseCoopers as a tax manager and as regional finance director for PwC’s Northeast Region. She holds a bachelor’s degree from the National University of Singapore, an MBA from the University of Rochester, and is a member of the Association of Certified Chartered Accountants (ACCA). Varadharajan is also an entrepreneur with her own line of natural, organic, handcrafted skin care products.
In addition to the tenured/tenure track and lecturer appointments, Dean Solomon also named three professors to one-year visiting appointments. Steven Wei Ho was appointed visiting assistant professor of finance, Srini Krishnamoorthy was appointed visiting assistant professor of management science, and Debjeet Pradhan was appointed visiting assistant professor of accounting.
“An outstanding faculty is the foundation of every great business school, and this group of scholars and educators is truly outstanding,” said Dean Solomon. “I’m very happy to welcome them to the Freeman School and Tulane University.”
August 18th, 2014
The Freeman School rolled out the red carpet for incoming MBA students on Thursday (Aug. 14) with a first-of-its-kind networking reception for students in the full-time and professional programs.
Lauren Siegel (MBA ’15), left, and Christine White (MBA ’09) helped welcome incoming MBA students at a reception hosted by the CMC and the Freeman 50.
Hosted by the Freeman 50, the business school’s young MBA alumni advisory board, in conjunction with the Career Management Center and the Stewart Center for Executive Education, the MBA Welcome Reception was designed not just to welcome new students to Freeman but also to introduce them to networking and hopefully help them create a support system for the next two years. Faculty, staff and more than 50 MBA alumni attended the reception to meet, mix and mingle with the new class.
For graduates from the class of 2014, the event amounted to a mini-reunion, but it was also a way for them to give something back to the Freeman School and offer incoming students some still-fresh insights about the MBA program and the job search process.
“It was a great opportunity to meet the new students and share our experiences with them,” says Eryn Bell Wood (MBA ’14), a member of Freeman 50. “They really seemed to enjoy the interaction with us as we just graduated in May.”
To see more photos from the Freeman 50/CMC MBA Welcome Reception, visit the Freeman School’s Flickr page.
August 11th, 2014
Do you know where in New Orleans the fountain dedicated to Sophie Gumbel is? How about where to find the “meteorite” on Tulane’s campus?
As part of the challenge, MBAs had to find the fountain dedicated to Sophie Gumbel and create a photo homage to the opening of “Friends.”
Locating those obscure landmarks were two of the challenges this year’s incoming MBA class took on as part of Team Engagement Challenge (TECh), an Amazing Race-style team-building exercise held as part of orientation.
While the competition resembled a traditional scavenger hunt — perform seven difficult tasks in two hours — TECh was actually designed to acquaint students with Tulane and New Orleans while at the same time requiring them to use their creativity, networking skills and social media savvy. Their challenges included tasks like locating sculptures and artwork on Tulane’s campus as well finding a former K&B Drugs on the edge of campus and conducting interviews with business owners on Maple Street. Instead of collecting things along the way, the students proved they had solved their challenges by uploading photos and videos to a special Facebook page and competing for the highest number of likes.
Students were asked to locate the Doll House, the smallest house in New Orleans with its own postal address.
“As future executives, MBA students need to be connected to the community, so this was a way to help jump-start that process,” said John Clarke, associate dean for graduate education. “New Orleans is a microcosm of the world, so we want students to be aware of and be a part of the local community. By developing their understanding of how things work here, they can develop an understanding of how things work in the rest of the world.”
According to event organizer Morgan Molthrop, co-owner of tour and corporate events firm Custom New Orleans, the Freeman School is the first business school in the nation to “gamify” team-building activities with social media.
“Tulane should be very proud of being the first program with the vision to step up their game, so to speak,” Molthrop said. “These MBA students nailed the technology and showed tremendous enthusiasm. It’s no wonder New Orleans is becoming known as the entrepreneurial capital of the U.S.”
To see more photos from the Team Engagement Challenge, visit the Freeman School’s Flickr page.
July 28th, 2014
Today I attended Beau Parent’s funeral service. The passing of Professor Parent is a sudden, tragic and very, very sad life event. It is extremely painful for the family—I know first hand as I fairly recently lost one of my parents. And, it is painful for his friends and colleagues, especially those of us within the extended Freeman School community.
Such life events can provide an opportunity for reflection. While I only knew Beau for a little more than three years, I learned early on that Beau Parent lived a life of purpose and impact. We often say that we are in the business of transforming the lives of our students. Beau began for Freeman that transformation for hundreds of students each semester and, over his more than 35-year career, literally thousands of Tulane University students. Beau was a highly ethical, extremely hard-working, and totally dedicated educator. Beau also had a special talent for teaching relatively large numbers of students. Yet he was able to establish personal relationships with many of his students. As I have travelled to cities around the U.S. and, for that matter, around the globe, I am asked about Beau as much or more than any current or past member of the Freeman faculty. Beau indeed did have a special and rare talent.
He very much will be missed!
Ira Solomon, Dean
Debra and Rick Rees Professor
A. B. Freeman School of Business
July 28, 2014
July 24th, 2014
During Beau Parent’s accounting lectures at the A. B. Freeman School of Business, he would pause, look around his class and say in a booming voice, “Make sense? Make sense?” But the news of Parent’s sudden death just doesn’t make sense to the thousands of students who learned accounting from the legendary Tulane University instructor.
“Beau Parent helped everyone understand accounting and get through that class,” one of his colleagues said. (Photo by Sabree Hill)
When word began to spread that the 73-year-old Parent died on Sunday (July 20), calls of concern from former students began streaming into the school. For 37 years, Parent taught Financial Accounting to every business undergraduate.
A memorial service will be held on Monday (July 28) at Holy Name of Jesus Catholic Church, 6367 St. Charles Ave. Visitation will be from 9–11 a.m., with a memorial mass at 11 a.m. A reception will follow in the Kendall Cram Lecture Hall at the Lavin-Bernick Center on the Tulane uptown campus.
“It’s difficult, starting the fall term without Beau in his classroom,” said Michael Hogg, professor of practice who has known Parent for nearly 25 years. “He was one of the most gifted teachers I’ve ever met.”
A CPA, Parent was a frequent winner of the BSM Honor Roll teaching award, and also earned the James Murphy Award for Excellence in Teaching. Twice he received the Howard Wisner Award given by undergraduates to teachers who demonstrate special interest in students. He was faculty adviser for the school’s chapter of Beta Alpha Psi honorary national accounting fraternity.
Parent developed the school’s five-year Master of Accounting program, taking pride in helping students get internships at firms all across the country, Hogg said.
Parent’s Tulane roots extend throughout his family. His daughter Colette Raphel is university registrar; his daughter Christine Smith is a professor of practice who teaches accounting; his son-in-law David Raphel is assistant technical director in the Department of Theatre and Dance; and his widow, Elizabeth Parent, is an adjunct lecturer in the Department of Theatre and Dance.
In lieu of flowers, gifts can be made in memory of Parent to the Tulane University Scholarship Fund, Office of Development, P.O. Box 61075, New Orleans, LA 70161, or at this website. Gifts will be used to support scholarships for students like those he taught and mentored throughout his career.
– Carol Schlueter
July 16th, 2014
Business Research Guide, a website dedicated to technologies, products and services, and career and education options, has ranked the Freeman School No. 5 in the nation on its list of 30 Great U.S. Colleges for Studying Business Abroad.
With over 10 affiliate universities worldwide, students may choose to attend programs at the Leipzig School of Management, the University of Innsbruck in Austria, or Hong Kong University of Science and Technology. Through a joint venture with the National Taiwan University and schools in Mexico and Europe, Executive MBA students may travel abroad to study global business practices, history, and culture. Graduate students may pursue internships during the summer at multinational corporations in Asia, Latin America, and Europe.
The ranking was based on commitment to excellence in international business education, variety of study abroad options for full and part-time students, and focus on global exchange with educational institutions across the globe.
The Freeman School began offering study abroad options for students in 1988. Since then, study abroad has become a major component of the Freeman School’s international program, which encompasses student and faculty exchanges, study abroad opportunities, initiatives like Burkenroad Reports for Latin America and the Latin American Research Consortium, and joint venture degree programs with 35 partner institutions in 20 countries.
To see the list in its entirety, visit Business Research Guide.