Archive for the ‘Press Releases’ Category
Tuesday, January 21st, 2014
After hosting one of the region’s premiere college business plan competitions for 14 years, the Tulane Entrepreneurs Association (TEA) has completely redesigned the contest to better reward the practical aspects of what make startups successful – the ability to rapidly adapt to customers’ needs.
The 2014 Tulane Business Model Competition will award more than $35,000 in prizes to new business ventures demonstrating a customer-validated business model.
Instead of rewarding the theoretical, the new contest wants ventures to show they’ve worked with potential customers to vet their services, adapted to those needs and shown the ability to quickly change course if the market disproves their assumptions. The new Tulane Business Model Competition offers a $25,000 grand prize and a $10,000 award for runner-up.
“In this contest, sleek presentations are not going to cut it,” said Ralph Maurer, executive director of the Levy-Rosenblum Institute for Entrepreneurship at Tulane University’s A.B. Freeman School of Business. “Participants won’t be rewarded for overly ambitious sales projections, drawing fancy graphs or crafting the perfect pitch to venture capitalists.”
Instead the contest rewards teams for breaking down their idea into a key business model hypotheses; testing their assumptions with customers; applying Customer Development/Lean Startup principles to make sure they nail the solution; and learning to pivot until they have a customer-validated business model.
The contest is open to any team led by at least two or more students enrolled in a college or university. To enter, teams must submit a video presentation – normally a voice annotated slide deck no longer than 10 minutes – online by 11:59, Feb 14. More details on submission criteria are available at: http://tulane2014.istart.org/ .
“Entering the first round of the competition doesn’t require a significant time investment, and it’s a worthwhile exercise for anyone working on a startup,” Maurer said.
TEA will select eight semi-finalists who will win $1,000 each and get to pitch, receive mentoring and network with a variety of lean startup experts on Tuesday, March 25, in New Orleans. Ultimately, three finalists will present their business models at Tulane University on Friday, April 11, 2014.
- Keith Brannon
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 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.”
Tuesday, September 18th, 2012
The American Institute of CPAs (AICPA) has named Jasmijn C. Bol, associate professor of accounting at Tulane University’s A. B. Freeman School of Business, recipient of this year’s Best Early Career Researcher Award.
Jasmijn C. Bol, associate professor of accounting, is the recipient of this year’s Best Early Career Researcher Award from the American Institute of CPAs.
The award, which was presented at the annual meeting of the American Accounting Association (AAA) in National Harbor, Md., is given to the researcher with the best overall body of research in management accounting. Eligible research must have been completed within the first five years of joining a faculty.
The Chartered Institute of Management Accountants (CIMA) in the United Kingdom and the Society of Management Accountants of Canada (CMA) co-sponsored the award. It was granted in collaboration with the Management Accounting Section of the AAA.
Bol’s award winning research includes the use of accounting information for managerial decision making, with a special focus on performance measurement and compensation systems. Recent papers include “Spillover Effects in Subjective Performance Evaluation: Bias and the Asymmetric Influence of Controllability” (2011), “The Forward-Looking Role of Subjectivity in Performance and Promotion Evaluations: Evidence from Professional Services” (2011) and “The Dynamics of Incentive Contracting: The Role of Learning in the Diffusion Process” (2010). All were published in Accounting Review. The third paper was also published in Accounting, Organizations and Society.
“This award reflects our commitment to the next generation of researchers that will advance the profession of management accounting,” said Scott Moore, AICPA senior manager, college and university initiatives, who presented the award. “Bol’s research will help CPAs and CGMAs working in business and industry, many of whom are CEOs and CFOs, make better financial decisions.”
Bol joined the faculty of the Freeman School in 2012. She previously was assistant professor of accountancy at the University of Illinois at Urbana-Champaign. She holds a PhD from IESE Business School, University of Navarra, Spain, and a master’s degree in International Business from Maastricht University, the Netherlands.
Friday, June 8th, 2012
Nationally recognized entrepreneurship expert Carl J. Schramm and Hancock Holding Co. President and CEO Carl Chaney highlight a distinguished lineup of speakers on tap for the 33rd annual Tulane Business Forum.
Carl J. Schramm
The forum, an annual presentation of the Tulane Association of Business Alumni (TABA), will take place on Friday, Sept. 28, at the Hilton New Orleans Riverside.
“This year’s forum, ‘Scoring Big: Building on Business Victories,’ highlights recent economic successes in the greater New Orleans region,” says David Kearney (MBA ’08), forum chair. “We’re excited to explore the idea of making American capitalism more entrepreneurial with keynote speaker Carl Schramm, and with other presentations on sports-related economic development, public policy and politics, and the regional banking sector, we hope to help attendees better understand how these business victories might impact their own organizations and activities.”
Schramm is a leading authority on entrepreneurship, innovation and economic growth. As president of the Kauffman Foundation for 10 years, Schramm built the organization into the world’s premier foundation dedicated to the development of high-growth firms and understanding the role they play in economic growth.
Chaney has served as CEO and director of Hancock Holding Co., the parent company of Hancock Bank, since 2006 and as president since 2008. In 2011, he guided Hancock through its acquisition of Whitney Holding Co., parent company of Whitney Bank.
This year’s forum will also feature a panel discussion on sports and economic development with Jay Cicero, president and CEO of the Greater New Orleans Sports Foundation; Rick Dickson, director of athletics at Tulane University; Doug Thornton, senior vice president of SMG; and Hugh Weber, president of the New Orleans Hornets.
In addition, Beth A. Brooke, global vice chair of public policy at Ernst & Young, will discuss public policy, politics and business; John C. Sheptor, president and CEO of Imperial Sugar Co., will discuss repositioning to create value, and Scott S. Cowen, president of Tulane University, will discuss the state of intercollegiate athletics.
The 33rd annual Tulane Business Forum is sponsored by Whitney Bank and the A. B. Freeman School of Business at Tulane University. For more information and to register online, visit http://www.tulanebusinessforum.com.
Monday, May 14th, 2012
The Freeman School has signed an agreement with China’s Xiamen University to begin offering two new dual education master’s programs for Chinese students.
Ira Solomon, dean of the Freeman School, and Xiaohui Qu, dean of the Institute for Financial and Accounting Studies at Xiamen University, at January’s signing ceremony in Xiamen, China.
Beginning this year, students at the university will be able to earn a Master of Accounting or a Master of Finance degree from the Freeman School along with a graduate certificate from Xiamen’s Institute for Financial and Accounting Studies. The agreement calls for Freeman to admit up to 30 students per year into each of the two master’s programs, with the students beginning their studies in China and then completing the degree requirements during a nine-month residency at the Freeman School. The first cohort of students is scheduled to arrive from Xiamen in August 2012.
“Building a strong network of global alumni is one of our priorities,” says Freeman School Dean Ira Solomon, who traveled to China in January to finalize the agreement. “This new agreement connects us with a population of outstanding students designed to be among China’s next leaders in business, government and professional organizations, so we’re delighted to have Xiamen University as a strategic partner.”
Xiamen is widely considered to be among the top universities in China. According to University Undergraduates Teaching Assessment and Chinese Universities Evaluation Standings, Xiamen is ranked 11th in China, and a recent study by Brigham Young University ranked Xiamen No. 1 in China for accounting research.
“This will be a great program for Tulane University,” adds Solomon. “I’m looking forward to working closely with the administration and faculty at Xiamen and the Institute for Financial and Accounting Studies to develop additional opportunities for partnership and collaboration.”
Friday, May 4th, 2012
The A. B. Freeman School of Business at Tulane University is the top school in the nation for MBA employment according to the latest U.S. News & World Report survey of business schools. The job placement data were published in March as part of the magazine’s annual report on America’s best graduate schools.
In 2011, 98.1 percent of the Freeman School’s full-time MBA class who were seeking employment were employed three months after graduation. That percentage was the best of the 135 business schools that reported employment data to U.S. News and had at least 20 graduates seeking jobs.
Since 2008, the Freeman School has invested significant resources in its career services area, hiring additional corporate outreach personnel and rolling out a host of new initiatives to connect and engage with more recruiters and hiring managers.
“Placement is just one measure of an MBA program’s success, but I’m delighted to see that the hard work of our students is being rewarded,” said Ira Solomon, dean of the Freeman School. “Our Career Management Center does an outstanding job connecting students with employment opportunities, and it’s important to note that many of those opportunities have come, either directly or indirectly, from our alumni. We wouldn’t have been able to achieve this exceptional level of success without their tremendous involvement and support.”
Tuesday, April 24th, 2012
The Tulane chapter of Beta Gamma Sigma, the international honor society recognizing business excellence, welcomed its newest members at a ceremony in Goldring/Woldenberg Hall II on April 23, 2012.
Beta Gamma Sigma inductees included, left to right, Wendi Zeng (MFIN ’12), Jordan Lambert (PMBA ’12), Guanqi Li (MFIN ’12), Josh Rupert (MBA ’12) and Xuanhao Huang (MFIN ’12).
Beta Gamma Sigma is recognized by the educational and corporate communities as the highest recognition a business student can receive in a program accredited by AACSB International — the Association to Advance Collegiate Schools of Business.
Since its founding in 1913, Beta Gamma Sigma has inducted more than 675,000 members from 507 collegiate chapters and 24 alumni chapters. Members currently reside in all 50 states and more than 160 countries throughout the world. The Tulane chapter of Beta Gamma Sigma was established in 1924.
This semester’s inductees, including students from the BSM, MACCT, MBA, MFIN, MNRG and PMBA programs, are as follows:
- Dylan Blackford
- Haley Burke
- Sam Capone
- Stephen Denis
- Richard Diamond
- Michael Dupin
- Maggie Ehrenreich
- Andrew Goltzer
- Lyndsey Grubb
- Seth Hamstead
- Xuanhao Huang
- Yuanze Huang
- Andrew Ip Ping Wah
- Jordan Lambert
- Stephen Lee
- Guanqi Li
- Weikang Li
- Jiazhang Liu
- Seth Lowinger
- Ronald MacWillie
- Daniel Rice
- Courtney Robinson
- Brittany Rosen
- Joshua Rupert
- Caitlin Ryan
- Savanna Speciale
- Hayley Tilton
- Charles Wilder
- Alexander Wolf
- Wendi Zeng
Thursday, March 29th, 2012
Tulane University’s A. B. Freeman School of Business will honor Jerry M. Greenbaum (BBA ’62) as Tulane Distinguished Entrepreneur of the Year and Jay Altman as Tulane Outstanding Social Entrepreneur of the Year at the 2012 Tulane Council of Entrepreneurs Award Gala, which will take place on Friday, April 13, at the Audubon Tea Room.
The Freeman School’s Levy-Rosenblum Institute for Entrepreneurship presents the awards each year to highlight outstanding entrepreneurs in the community. The Tulane Distinguished Entrepreneur of Year Award honors individuals who embody the true spirit of entrepreneurship and philanthropic generosity, while the Tulane Outstanding Social Entrepreneur of the Year Award recognizes individuals dedicated to improving the community through entrepreneurial initiatives. Ira Solomon, dean of the Freeman School, and John Elstrott, executive director of the Levy-Rosenblum Institute, will present the awards.
Greenbaum is chairman of CentraArchy Affiliates, a family-owned business that includes upscale restaurants, retail alcohol outlets and industrial real estate companies throughout the Southeast. Last year, he opened his latest restaurant, the acclaimed Chophouse New Orleans steakhouse, to be closer to Tulane and New Orleans. Greenbaum and his wife, Barbara Axelrod Greenbaum (N ’63), are lifelong supporters of Tulane University. They played a pivotal role in the construction of Goldring/Woldenberg Hall II, the business school’s center for graduate and executive education, in 2003, and they provided significant support for new facilities for baseball, basketball and football in the wake of Hurricane Katrina. In 2011, Greenbaum joined the Board of Tulane and donated the lead gift to develop a hospitality curriculum at the Freeman School. In addition to his business pursuits, Greenbaum is a stand-out golfer with more than 50 Senior Amateur tournament wins to his credit. He has been ranked as high as the No. 2 Senior Amateur by Golf Digest, and in 2004, he was inducted into the Georgia Golf Hall of Fame. Jerry and Barbara Greenbaum have three adult children, Gregory, Tracey and Jeffrey, and eight grandchildren.
Altman is co-founder and CEO of FirstLine Schools, a charter organization that seeks to create and inspire great open-enrollment public schools in New Orleans. FirstLine currently operates five open-enrollment public charter schools in the city, including Samuel J. Green Charter School, Arthur Ashe Charter School, John Dibert Community School, Langston Hughes Academy, and Joseph S. Clark Preparatory High School. Since 1990, Altman has partnered with like-minded parents and educators to provide quality educational opportunities for students in New Orleans public schools. He taught in the city for several years before co-founding New Orleans Charter Middle School. He was also a founder of James Lewis Extension School, New Orleans Outreach, New Orleans Summerbridge and Leading Educators. He served as director of education for London-based ARK schools from 2005 to 2008, where he helped develop a network of British academies, charter-like schools located in complex urban environments in the U.K. He also was instrumental in establishing two training programs there: Future Leaders, a training program for aspiring principals of open-admission schools, and Teaching Leaders, a training program for mid-level school leadership.
The Levy-Rosenblum Institute for Entrepreneurship (LRI) inspires and trains prospective entrepreneurs through coursework, community service projects and internships. Students have the opportunity to work with experienced faculty members, network with a regional board of entrepreneurs and participate in a student-based entrepreneurial association which provides a training ground for business development. In 2011, the Freeman School’s entrepreneurship program was ranked 14th in the nation by Entrepreneur magazine/The Princeton Review.
For more information about the Entrepreneurs of the Year and the Tulane Council of Entrepreneurs Awards Gala, contact Lina Alfieri Stern at 504-865-5455 or Lina.AlfieriStern@tulane.edu.