Archive for June, 2013

Freeman receives $25K donation from Phillips 66

Tuesday, June 25th, 2013

The A. B. Freeman School of Business at Tulane University has received a $25,000 gift from Phillips 66. The gift will be used to enhance student programs, including courses in energy finance and trading.

Sherri B. Thomas, Phillips 66’s director of early career facilitation, presented the gift to Freeman School Dean Ira Solomon during a meeting at the school on June 10.

Sherri B. Thomas, right, director of early career facilitation at Phillips 66, presented Dean Ira Solomon with a $25,000 gift to support the Freeman School's energy programs.

Sherri B. Thomas, right, director of early career facilitation at Phillips 66, presented Dean Ira Solomon with a gift of $25,000 to support the Freeman School’s energy programs.

“Thanks to our relationship with Tulane and the Freeman School, we’ve been able to add a number of outstanding individuals to our organization over the last several years,” said Thomas. “We have 13,500 exemplary employees who share a vision for providing energy and improving lives. It’s our hope that this gift will inspire even more students to explore career options in energy.”

Phillips 66 is an energy manufacturing and logistics company with segment leading businesses in midstream, chemicals, refining and marketing and specialties. Since 2012, Phillips 66 has donated more than $55,000 to the Freeman School to support student and faculty development programs. The company has also been an active recruiter at the Freeman School and a participant in many career development programs. In April, the company hosted a special panel at the Freeman School, Tulane Women in Energy, to encourage more female students to consider careers in energy.

“Energy is one of our top strategic priorities at the Freeman School, so we’re especially grateful for this generous gift to enhance our programs,” said Dean Ira Solomon.  “It’s only through the support of exceptional partners like Phillips 66 that we can realize our goal to become one of the world’s leading business schools for the study of energy finance, management and trading.”



Financial Times: Asian Students Look to the West

Monday, June 24th, 2013


From Financial Times, June 23, 2013:

The 2013 FT Masters in Finance ranking of the top 40 full-time pre-experience programmes has a very western feel: it includes one business school from Australia, one from China, five from the US and 33 from Europe. The distribution of the 2013 enrolled cohorts could hardly be more different, however.

Half of the students on these programmes are from Asia, with two-thirds of those coming from China. “China’s pent-up demand for Masters in Finance is supplying a large number of applicants to western schools,” says Clifton Brown from Freeman Business School at Tulane University.

To read the article in its entirety, visit

Scientific American: The Health Insurance Shell Game

Tuesday, June 18th, 2013

scientific american logo

From Scientific American, June 17, 2013:

Janet Schwartz, assistant professor of marketing at the Freeman School and an expert on the intersection of marketing and public policy with regard to health care, co-authored a guest blog for Scientific American on the problem of current health insurance models.

Rather than tolerate increases in co-pay and deductible, shouldn’t we be able to pay less because we do not value particular options? Better yet, shouldn’t the options relate to the likelihood of benefit? Those of us who consider interventions with unlikely or small benefits of little value should not be asked to burden the cost of providing such for those who value such. We should be offered a “high efficacy option” at lower cost than an “any efficacy option” and no one should be offered an option that indemnifies for interventions that have been studied and cannot be shown to offer a clinically meaningful benefit.

To read the article in its entirety, visit

Outgoing GBC president leaves legacy of progress

Thursday, June 13th, 2013

One night last spring, Albin Soares (MBA ’13) was working at his computer when he got a text message from one of his colleagues on the Graduate Business Council, the Freeman School’s student government organization.

“Hey, you need to calm down for the day,” the message read.

Outgoing GBC President Albin Soares (MBA '13) earned a reputation among faculty and staff as one of the most active presidents in the organization's history.

Outgoing GBC President Albin Soares (MBA ’13) earned a reputation as one of the most active presidents in the organization’s history.

Soares puzzled over the message for a second before realizing what it was about.

“I looked and I had sent out 74 emails that day,” laughs Soares, the outgoing president of the GBC. “So I was like, ‘Okay.’”

Days like that weren’t unusual for Soares, who earned a reputation among faculty and staff as one of the most active, involved presidents in recent GBC history. From working with faculty to revamp the MBA program to making sure that the television in the GW2 lounge stayed tuned to CNBC, no issue was too big or too small for Soares, who brought boundless enthusiasm and unrelenting tenacity to the job.

“Over the last year, I think I spoke with Albin more than I did with my associate deans — or my wife for that matter,” quips Dean Ira Solomon. “While I can’t say that I agreed with every idea Albin brought to me, there’s no question his extraordinary drive and determination made Freeman a better school. One just needs to look at his record of accomplishment to see the profound impact he had on the Freeman School.”

Over the course of the year, Soares’ achievements included establishing a discussion lounge for graduate students, bringing in a host of guest speakers, and lobbying successfully for the creation of an experimental “offboarding” program to provide graduating students with a formal send off. When he found out that alumni participation in giving was one of the criteria used in ranking surveys, he succeeded in getting not just a pledge but a check from almost every member of the 2013 graduating classes.

Perhaps most prominently, Soares co-chaired with Dean Solomon the task force dedicated to rewriting the Freeman School’s mission statement and core values during the recent strategic planning process. In that respect, he played a substantive role in defining the Freeman School’s direction for the next five years.

“There’s not one big, bright, shiny thing I accomplished as GBC president, but I can say we chipped away at a lot of things that needed to be done,” Soares says of his tenure as president. “I think that’s what I’m most proud of.”

A native of Southern California, Soares worked a variety of jobs — including stints in the entertainment industry, as a Mercedes-Benz salesman and as a legislative aide to U.S. Rep. Charles Boustany — before deciding that he needed an MBA to pull everything together and give him the skills to get to the next level. Since graduating in May, Soares has relocated with his family — his wife, Elizabeth, and 11-month-old son Bennett — to the San Diego area, where he hopes to launch a business idea he developed at the Freeman School, but as an alumnus and a new member of the Freeman 50, the Freeman School’s young MBA advisory board, he plans to remain involved with the Freeman School for many years to come.

“We’ve had some really stellar professors, some who have been life changing,” Soares says. “That’s probably the thing I liked best and it’s probably the thing we all liked best about the Freeman School. Having a small class, everyone knew each other’s names. We’ve gone on three international trips together, we’ve worked on projects, done team building. I hope that that bond continues as we all move on with our careers.”



Tulane Business Forum looks at leveraging Louisiana

Monday, June 3rd, 2013

The CEOs of two of Louisiana’s biggest home-grown success stories — Daryl G. Byrd of Iberiabank Corp. and  José S. Suquet of Pan-American Life Insurance Group — will discuss what it took to build those businesses as keynote speakers at the 34th annual Tulane Business Forum, “Home Grown: Leveraging the Louisiana Business Experience on a National Scale.”

Daryl G. Byrd

José S. Suquet

This year’s forum, which will take place on Friday, Sept. 27, at the Hilton New Orleans Riverside, shines the spotlight on businesses that have leveraged the state’s unique resources to achieve national and international success.

Joining Byrd, who will deliver the morning keynote address, and Suquet, who will deliver the luncheon keynote, will be Gary P. LaGrange, president and CEO of the Port of New Orleans, and John F. Tercek, vice president for commercial and new business development at Royal Caribbean Cruises Ltd.

The forum will also feature a panel on tourism and economic development featuring Darryl Berger, chairman of the New Orleans Tourism Marketing Corp.; Tod R. Chambers, general manager of the Roosevelt New Orleans Hotel; Jay Dardenne, lieutenant governor of Louisiana; and Gregory Rusovich, chairman of the New Orleans Convention & Visitors Bureau. Scott Couvillon of Trumpet will moderate.

The 34th annual Tulane Business Forum is a presentation of the A. B. Freeman School of Business at Tulane University, the Tulane Association of Business Alumni (TABA) and Iberiabank.

For more information about this year’s program and to register online, visit



Research Notes: Prof. Daniel Mochon

Monday, June 3rd, 2013

Daniel Mochon recently had two papers accepted for publication. Mochon’s paper “Single option aversion” was accepted for publication in Journal of Consumer Research, and his paper “Anchoring in sequential judgments,” co-authored with Shane W. Frederick, was accepted for publication in Organizational Behavior and Human Decision Processes. Mochon is an assistant professor of marketing at the A. B. Freeman School of Business at Tulane University.

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