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This site was
created based on the feedback we received from you, the parents. Links will be
added below from Professor Shishoff during the fall 2007 school year. Additional information will be added on a
regular basis. Please feel free to e-mail any comments or suggestions to
advisingSBA@notes.udayton.edu.
Powerpoint Presentation
(Introduction to BAI 150)
Parent Email #1
Welcome to the 2007 SBA Parents E-mail Group!!
This is the first e-mail of the semester. I just want to get a short
administrative message out to alert you to the fact that you should expect more
of these during the next few days (to catch up on the first part of the
semester) and as well as more throughout the year.
We (actually the students who work with me in the Dean's office) have been busy
putting together and validating the list of your e-mails from the sign-up
sheets, e-mail responses to me, and your son or daughter's input requested in
one of the early BAI 150 class meetings. (More on BAI 150 in the next e-mail!)
We're getting a little later start than I'd like - it's been a busy semester!
If you listed multiple e-mail addresses, they all are included in the e-mail
group, and you will receive this message multiple times.
This and future e-mails will be sent to you as a blind copy to maintain your
privacy. (This is based on parent's requests in previous years - others in the
group will not see your e-mail address, nor will you see theirs.) This also
means that all replys will come to me, not to the entire group.
Please DO reply if you have a question or comment. If you have a question, it's
a good bet others will also. If that's the case, I'll send something to the
entire group. We're also always looking for ways to improve the process.
If you change your E-mail address, please include your son or daughter's full
name with the change. This will make it significantly easier for us to update
the list address, which consists of a series of subgroups organized by the
student's last name.
Finally, the e-mails will be sequentially numbered so that you will know if one
gets lost in cyberspace! E-mails about the first semester BAI 150 class (and BAI
151 next semester) will be titled "UD SBA 2007 Parents 1", 2, etc. in the e-mail
subject line. Copies of e-mails that were sent to all students or other
cybertraffic concerning UD will be titled "2007 Parents Info 1", 2 etc. in the
subject line.
Please let me know if you have any questions or comments.
It IS a great year! I'm impressed with the students in class - they're a good
group - paying attention, taking notes, etc!
Parent Email #2
Welcome again to the 2007 SBA Parents E-mail Group!!
ALL of the first year business students and ALL new external transfer students
(attending UD for the first time) are enrolled in BAI 150, Business Education
Planning. This class is designed to help them successfully make the transition
from High School to College (or another College to UD).
We spend about:
25% of the class introducing the UD services available to the students,
25% introducing all students to the business majors,
25% going over the curriculum, how to register, UD & SBA policies and
administrative procedures, and UD & SBA traditions, mission, etc.,
12.5% on a business case,
12.5% on ethics (an introduction/overview of business ethics; an introduction of
Business as a Calling; and some time on personal ethics, integrity and the
relationship to (and what is) academic dishonesty and the consequences of
cheating, etc.
The topics are interspersed throughout the semester.
This is a graded course with a final exam (on Tuesday, Dec. 11th). There are
five written assignments. Student attendance and participation in Peer Advisor
directed activities are also part of the grade.
This is one of the few SBA classes taught in the auditorium. The first year
class and all external transfer students are divided into two sections. These
meet on Monday/Friday and Wednesday/Friday from 2 to 2:50 pm. (The sections
alternate on Fridays.) There are also four evening sessions scheduled this
semester.
Most of the reading for class is web based. Many of these are accessed through
the SBA Advising Center's website. This is by design. If the students remember
nothing else, they hopefully will remember website as the first stop in the
future to find the answer to their questions.
The students were also given a copy of Off to College 2007 (a transition
resource) and receive a one year subscription to Business Week (which has
already started.) Reading assignments are also drawn from these resources.
As we go through the class material, I'll send you the student assignments that
they were supposed to review before class so that you have some sense of the
information available to them (and now YOU!).
Finally, an administrative note. If this is the first e-mail
you have received, it is because of an error in our original e-mail list. Based
on the undelivered mail, we went back and updated the list. E-mail addresses
that could not be corrected, were deleted. We will follow-up with the students
first and then with a letter to those affected.
Parent Email #3
Dear 2007 SBA Parents,
The last few weeks have been extremely busy. It's hard to believe that it's
October already. I want to start catching you up on what has happened so far in
class.
The objectives of the first class in each section were ;
1. To simply get students in the proper seats (assigned because attendance is a
part of the grade).
2. Introduce them to who's who in the Dean's office, Advising Center, the
student assistants in class, and to the peer advisors.
3. Introduce them to the course and our expectations.
4. Go over their schedules to make sure that no one was registered for a class
that would not fulfill a degree requirement or that would decrease their
flexibility to complete various programs without taking extra courses.
I sent a copy of the seating chart to the students electronically before class
started. In class, we emphasized that their academic and peer advisors were
listed on the line with their seat and name.
You can access the powerpoint presentation used in the first class, which
contains some information on the instructors, by going to the SBA Advising
Center's website at http://sbaweb.udayton.edu/advising/ ... click on Business
Curriculum in the upper right corner .... scroll all the way to the bottom ...
click on First Year Experience .... and then click on "Introduction Powerpoint."
The peer advisors also introduced themselves at the end of the presentation.
The message we wanted to send them about the course (in addition going over the
basic course requirements) was that business professionals need to be able to
develop and implement a plan - thus, academic planning in one of the first steps
to prepare them for success. We also wanted them to know what our expectations
for their conduct in class were. (I later tied these expectations to Learn, Lead
& Serve and community, from the standpoint of them taking responsibility for
their peer seated next to them, if they see that individual nodding off or
experiencing some other difficulty. Each section has 200+ students and not all
of the speakers are as interesting as I am (they did not get the humor either!).
They soon realized that if I see someone nodding off, that individual is marked
absent for the day. The idea behind them taking some responsibility for others
comes from a discussion with a former CEO who simply said that one needs to be
able to serve others before that person can lead others.
The last main issue was to check their schedules (see the third slide from the
end) to make sure that they were not taking a class that was not needed for
their degree. Even though we (actually Janet Leonard and Jennifer Creech) had
reviewed all of their schedules, we have found glitches in the past where
someone has changed something, or a gremlin in the system assigned them to a
class they did not need.
Parent Email #4
Dear 2007 SBA Parents,
I thought I'd send one more e-mail today before leaving the office. One of the
things that all parents are interested in is the advising that their daughter or
son receives. While it's ultimately the student's responsibility to seek out
such advice, they do need to know what resources are available to them.
The attached powerpoint is a version of the advising discussion presented by our
Peer Advisors during the first BAI 150 class. The version attached will be used
to reintroduce and reinforce the information in the earlier presentation when we
start going through registration and the curriculum in class at the end of the
month. I'm sending it to you now because it presents a more complete view of UD
and the SBA advising resources and should therefore be more useful to you. (This
powerpoint presentation can be found online at
www.sba.udayton.edu/advising -
Business Curriculum- First Year Experience.)
(The Peer Advisor's pitch had more information simply introducing each of the
peer advisors and their role. During the initial class sessions, the students
are wide-eyed and just happy that they found their way to the right classroom
(and seat)! When we go over the attached version in class, they will have
settled down enough that a review of this material makes sense to them.)
I'd like to highlight a couple of items:
First, each student's faculty and peer advisors are identified on the BAI 150
seating chart next to their name. They received this electronically prior to
class. We also discussed this in class, where I suggested that they "bookmark"
both names for future use. Additionally, I noted that not including their Peer
Advisor's name on future written assignments will automatically result in a 25%
reduction of their grade. (That apparently has been enough incentive for them to
keep the file or at least write both names down somewhere! We have not
experienced a problem with this, this year.)
Second, as I mentioned in an earlier e-mail, we want them to get into the habit
of going to the Advising Center's Web site, as the first place to go - a
"portal" (so to speak) that student's can turn to first to obtain academic and
other information. From the site, they can then link to other resources, based
on their interests and needs. In the past, we've given them a list of pertinent
web sites (and have and will do so again this year) as we go through the
material in class. The information has a relatively short shelf life however.
Hopefully, only having to remember one address as the starting point for their
questions will be of continued benefit to them and their advisors throughout
their tenure at UD! We invite you to go there also and check the "Parents" tab!
Parent Email #5
The objectives of the second class were to:
1. Introduce the vision and mission of UD and the SBA and how they impact the
students curriculum and co-curricular opportunities.
2. Review the curriculum and co-curricular opportunities.
3. Introduce some of the administrative forms, deadlines, etc. and provide a
basic menu of sources of information.
Vision & Mission: This is a 20,000 feet overview and probably of more interest
to you than to your son or daughter. However, we want to start planting the
seeds of what the university and the school are about. There are a couple of
"bottom lines" that we want the students to take away sprinkled throughout the
slides: Key Outcomes, especially Distinctive Graduates (slide 4); Learn, Lead &
Serve (slide 5), Do Well and Do Good (side 7) and slide 9 - the idea that the
curriculum and co-curricular opportunities have been developed with purpose.
It's not just a random design!
Curriculum and Co-curricular Opportunities: This was an overview to follow up on
the "bottom line." It was not detailed, since many had seen it a week or so
earlier AND we will spend more time on it later.
Administrative Issues: Even though the students are still about finding their
way to class and their seat, we wanted to give them some insight into some of
the administrative forms they may need, information sources they should start to
become familiar with, and other issues of concern (how to drop a class, maintain
their lotus notes account, etc.).
You can access the powerpoint presentation used in the first class, which
contains some information on the instructors, by going to the SBA Advising
Center's website at http://sbaweb.udayton.edu/advising/ ... click on Business
Curriculum in the upper right corner .... scroll all the way to the bottom ...
click on First Year Experience .... and then click on "2007 BAI 150 Intro 2nd
Class."
It's quiet here now. The students are home with you! I'm going to take a couple
of days break as well. More next week.
Parent Email #6
This e-mail is primarily about the third BAI 150 Class!
Dear 2007 SBA Parents,
The objectives of the third session were to:
1. Introduce the services provided by the Counseling Center and the Health
Center.
2. Introduce the services provided by LEAD (Learning Enhancement and Academic
Development.)
3. Get the students to think about stress (good and bad) and the destressers in
their lives at this point in time (and what they can do to relieve those
destressers).
4. Introduce the second written assignment.
LEAD: In a nutshell, LEAD provides the following (and there is more information
on the website about each!!):
Developmental Courses
Interventions for Designated Populations
Peer-Facilitated Learning Support linked to Specific Courses
Peer-Facilitated Learning Support for General Education Courses
Professional Support Services
Tutoring Services
Writing Support
Competency Support
Disability Services
Study Resources
In class, the main areas of emphasis are on study resources, writing and
tutoring support, and disability services. The point I think is important for
the students to hear is that they need to develop their strategy to be
successful. If that means going to a tutor, they should go. If they have a
learning or other disability, they should avail themselves of LEAD's services.
It's just a resource to help them achieve success (and not something to be
ashamed of). The same is true of the counseling center!! Ms. Brenda Cooper,
Ms.Beth Buerschen and Mr. Dudret presented the LEAD material.
Health Center: Dr. Stephen Mueller, who is the director of the Counseling Center
and the Health Center, presented the information about these activities. We did
not spend a lot of time on the Health Center - primarily emphasizing location
and services that are available to the students. The students are generally
familiar with how a clinic works.
Counseling Center: Dr. Mueller started the presentation with an exercise asking
the students (although they did not know it at the time - they were responding
to a question about what they like and did not like so far) to identify
stressers and distressers in their lives, which were captured on the chalk
board. A class discussion followed, with comments about what students could do
to diminish the effects of the distressers. This was then a segway to the
counseling services offered by the Counseling Center. (The main point here that
I hope the students heard is that counseling sessions are completely
confidential - even from parents (sorry!), unless something is life threatening
to the individual. AND again - going should be seen as another tool in
developing a strategy to be successful. Oh - and it's free (well not really,
you've already paid for it!).
The Counseling Center also offers career counseling and Dr Mueller spent the
last part of his presentation going over the tools and resources available to
the students. This includes individual and group sessions, aptitude testing, and
career resources and information, including a new on-line career exploration
tool which allows students to explore on-line from any computer, anywhere.
Second Written Assignment: Their second written assignment (The Academic
Integrity Analysis) requires the students to analyze a series of mini-cases (all
unfortunately true) in light of UD and the SBA's academic dishonest and other
policies. They are required to review the academic dishonesty policies on the
SBA Advising Center's website and the UD Bulletin and answer a series of
questions about each case. You may review the instructions, mini-cases and the
answer sheet on the SBA Advising Center's website: http://sbaweb.udayton.edu/advising/firstyearexperience.asp
More on this in the next email.
The "readings" for LEAD and the Counseling Center are as follows:
LEAD's website: http://lead.udayton.edu/
Counseling Center's website: http://www.udayton.edu/~cc/
Note that there's a tab for parents on the counseling center's website.
Parent Email #7
Dear 2006 SBA Parents,
The objectives of the fourth class were to:
1. Introduce the students to UD's Catholic Marianist heritage and traditions.
2. Give them some sense of UD's distinguished history.
3. Introduce them to the services and opportunities available to them from
Campus Ministries.
Readings for the class: Students were directed to go to the following web sites
for additional information beyond that covered in class.
1. Go to Portfolio (www.portfolio.udayton.edu), click on "Living," then
"Spirituality and Practice." Click on and read the "Introduction to UD"s Mission
and
Philosophy," the "5 Principles," and the "Statement on Diversity."
2. Go to http://ministry.udayton.edu and check out the Campus Ministries site.
Heritage and traditions: Bro Victor Forlani (also holding an earned doctorate in
business), a member of the SBA faculty, presented this part of the class. Many
of the students already had an appreciation of the Marianist heritage and
traditions, so the presentation was somewhat of a review for them. For others
(especially those who are not catholic, it was valuable to get a sense of how
the mission and vision tie to these underlying traditions, that I think anyone
can appreciate. (In the discussion, we made a point to tie back to the previous
class discussion on UD's vision and mission.)
History: Actually as a part of the heritage and traditions, we showed a video
that chronicled UD's history from its founding, our long association with NCR,
and our association with the Dayton community.
Campus Ministries: This presentation focused on the opportunities (retreats,
etc.) and services offered by campus ministries. Several business students
addressed the class to talk about their experiences on service breakouts,
leading retreats, etc.
Parent Email #8
Dear 2007 SBA Parents: Thanks for all of your comments about
the e-mails. AND...please let me know if you have any questions. Most likely, if
you have a question so do others.
Some of you have asked when to expect midterm grades. Midterm grades were due
from faculty by Wednesday, 10/17 and were mailed on Friday. They should be
received soon - if they have not already arrived.
Please note that only first year students get midterm grades. So if your son or
daughter is a sophomroe transfer student, you will not get a midterm grade
report. (We require all new external transfer students - students who have
attended another university - to also take BAI 150.)
Also, students will not get a grade for BAI 150. At this point in time, they
have only completed two written assignments (worth 105 out of 550 points), so
there's not much at this point on which to base a grade! This is a good class -
overall attendance has not been a problem, they are taking notes when
appropriate, and the assignments are coming in on-time.
Please let me know if you have any questions. John
Parent Email #9
Dear 2007 SBA Parents: My original email about midterms
(follows below) generated a question about access from several of you.
Additionally, I thought you might be interested in what we do with the midterm
reports.
Your access to your son or daughter's grades: Access is governed by the Federal
Educational Rights and Privacy Act (FERPA). Essentially, once your son or
daughter turns 18, their academic records are theirs. Under the law, we cannot
discuss them with you, unless your son or daughter has granted us permission to
do so. We do have a form that they can sign to grant you access. This will be
distributed in class for their signature next week. If they sign it, it will be
filed in their permanent folder for our future reference. A few of you were
under the impression that his form was online. It's not. Also, the form only
applies to your questions to the School of Business. If you want more
information on FERPA, please go to:
http://www.ed.gov/policy/gen/guid/fpco/ferpa/index.html
What do we do with midterm grade reports (and end of term grade reports for that
matter): All of the grade reports are reviewed (we have several automated
reports to help us with this process). Students with some deficiency (a single
"D" or "F" grade, GPA below 2.0, etc.) will be contacted by their peer advisor.
Those below 1.7 will receive a letter of concern from me (I have about 20 or so
ready to be signed) advising them to make an appointment with Janet Leonard,
Senior Advisor in the SBA Advising Center, to discuss their situation and
develop a strategy to overcome whatever is causing their current academic
problem. (A first year student is considered to be in good academic standing if
their Cum GPA is 1.7 or above. However, they need to have at least a 2.0 overall
and a 2.0 in their major to graduate.)
We will do the same things at the end of each semester - except that students
below 1.0 will be dismissed and those between 1.0 and 1.7 will be placed on
academic probation. Students with Cum GPAs between 1.7 and 2.0 will receive the
letter of concern. Dismissal letters are processed as close to the end of the
semester as possible. The letter includes procedures and a deadline to appeal
the dismissal. Dismissed students may return to UD. A second dismissal, if it
occurs, is usually the final dismissal.
Students on probation are required to meet with me at the beginning of the
following semester to sign a probation contract. This contract specifies the
conditions of their probation. This will include a GPA requirement, mandatory
counseling ("how goes it") meetings once a month with Janet, requirements to
curtail extracurricular activities if necessary, and direction to seek
assistance from LEAD or the Counseling Center if necessay. (To maintain the
confidentiality of any sessions at the Counseling Center, students are only
required to have the Counseling Center notify me that they did attend an initial
meeting. The Center does not share any of the details of the meetings with me.)
In addition, first year students will be scheduled (and must successfully
complete) a Developmental Skills course taught by LEAD during the Winter
semester.
Students with a Cum GPA above 1.7 but below 2.0 will receive a letter of concern
as described above. After the first semester, letters of concern will also be
sent to students who are in good academic standing, but who have a sub-par
semester GPA.
During the summer, a current degree audit (advising report) is mailed to each
student with an information letter indicating the things they should be
considering and accomplishing during the following year. Between their Junior
and Senior year, the information is much shorter and more directive ("If you
plan to gradutate in December of May, you need to do the following...."). Degree
requirements that they must take to graduate are highlighted on the degree audit
that accompanies that letter.
During the first semester, second year, Janet and Jennifer Creech, our other
full-time academic advisor in the SBA Advising Center, meet with all sophomores
with a GPA below 2.5. These students often are the ones who have not "gotten it"
as far as academic planning is concerned. The purpose of these meetings is
bluntly to help them get their act together. These meetings are scheduled before
registration begins and were recently completed for this semester.
As students declare their majors, faculty advisors also meet with students who
are experiencing difficulties. Very often, during the semester, a class
instructor will get involved as well - at least in reference to that class.
In conclusion: We try to make sure that no one falls between the cracks.
We'd like all of the students to be successful!
Please let me know if you have any questions. John
Parent Email #10
Dear 2007 Parents: One last email tonight....
We hope to see many of you at the events this weekend. I'd like to highlight a
few of them.
Dean Elizabeth Gustafson will attend the welcome reception tomorrow night in the
Kenndy Union Ballroom (7 to 9 pm).
I will attend the Mother's Club Reception Saturday morning in the KU Torch
Lounge (10 to 12 am).
If you can fit it into your schedule, you may also want to attend the SBA Study
Abroad meeting in O'Leary Auditorium (Miriam Hall 119) on Sunday which starts at
1pm. A study abroad experience is a great opportunity and it's never too soon to
start planning for one!
Safe trips to all to and from UD this weekend! John
Parent Email #11
Dear 2007 SBA Parents: I hope everyone who attended Parent's
Weekend had a great time. I enjoyed meeting and talking to several of you.
We are currently in the curriculum sessions in BAI 150 (how to select courses
the students are interested in and register for them, a review of the
curriculum, and laying the groundwork for their academic planning assignement).
I'll send some additional details about this to you next week.
Every semester some students have problems registering for classes. This is
especially true if the student is registering in the last time block for their
year group. You need to know that we are committed to registering students for a
complete class load of courses that will fulfill their degree requirements each
semester. It may NOT be their preferred schedule (11 to 2 TTh), but it will be
classes they need.
The email below is usually sent out several times during registration each
semester. We have also gone over the same content in BAI 150.
I thought you'd like to see it also.
Have a great weekend! John
ALL SBA MAJORS and new TRANSFER STUDENTS:
Each semester we have students who have problems scheduling. If you find
yourself in this category....read on!
WHAT TO DO IF THE CLASS YOU WANT IS CLOSED:
1. Select another SBA degree requirement and schedule that!
a. Work down and across your degree audit.
b. You must have ALL of the prerequisites to schedule any class!
2. Go to the Department offering the class you really want to take.
a. Ask to be signed in to a section. Or....
b. Ask to be added to a wait list (if there is one).
c. This is especially important if the course you need is in your major (like
FIN 301 for a FIN major). If you're undeclared, but thinking about a major or
majors, you should attempt to take the first course(s) in the major(s) as soon
as you have the prereqs for them.
d. To request to be added to a wait list for MGT and MKT classes, go to
http://applications.udayton.edu/sba/advising.nsf/wWaitCourses?OpenForm
e. To request to be added to a wait list for ECO and FIN classes, go to http://www.sba.udayton.edu/ecofin/waitinglist.asp
f. SBA Departments will work with SBA majors to insure that you will get the
classes you need to stay on track and graduate. Please remember that this is a
process that requires balancing student demand and the resources (faculty,
rooms, etc.) to meet that demand. This balancing will take time. You may not get
an instanteous answer. Also, part of the balancing will include a review of your
program and schedule. It may be that you could take the course in question later
and not damage your timeline (in which case you may not be added to the course
in Fall 08) or that you will be added to a section that is scheduled on days or
times that are not your first preference - BUT that you can attend based on your
current schedule.
3. Continue to check course availability on-line.
a. You can add the course up to the last add day of the Winter 08 semester (Jan
7, 2008).
4. Come to the Advising Center (MH 211).
a. Janet Leonard, Jennifer Creech and the Peer Advisors are available to help
you during registration (go to the advising center's website for information on
walk-in hours, how to schedule a meeting, etc.). Janet and Jennifer will help
you get a complete schedule of courses that will fill SBA degree requirements if
you have not been able to do so.
b. However, we cannot override the departments. If the course is closed, we
cannot magically create open seats. You need to go to the department (2 above),
if it's a course you REALLY need to take.
c. Do not take a random course! Take courses that will help you complete your
program, on-time. (That does not mean that you can't take something else, just
because you're interested in it - even if it does not fulfill a degree
requirement. But, that decision on your part should be a proactive choice, not
just a reactive random default to get hours.)
BOTTOM LINE: DO NOT TAKE A RANDOM CLASS JUST TO SCHEDULE THE HOURS!!!!!!!!!!!!!!
TAKE COURSES THAT FULFILL A DEGREE REQUIREMENT (or that you proactively are
simply interested in taking).
If you have any additional questions, please let me know. (Use this e-mail's
subject line.) JWS
Parent Email #12
Dear 2007 SBA Parents: I could use your help!!
As I mentioned in the email I just sent, we are currently covering the
curriculum and academic planning in BAI 150.
Students academic plans are due on November 12th and 14th (depending on their
section). They will be graded by our Peer Advisors and then returned to the
students for correction. I'll provide additional information and detail next
week. We'll also spend more time in class going over it then.
From past experience, we know that a significant number of the students will
wait until the last minute to do the plan (the VERY LAST MINUTE!) - and because
of this - they often do not do a particularly good job on their academic plan;
and they certainly do not plan for anything other than the classes they need to
take.
This is a lost opportunity for those students. For instance, if they are
thinking at all about a study abroad experience, they should include that in
their plan because it will have a significant impact on their overall schedule
of classes (or they will find that they need to forego the experience because
everything offered at the time they decide to go is something that they have
already taken in residence at UD). The same could be said for an internship or
co-op experience.
I know that many of you talk to your son or daughter regularly. It might help
them focus and do a more complete job for themselves (and you, since your paying
the bills) if you ask them how they are doing on their plan and if they are
planning for experiential and other opportunities in addition to just the
courses. Even if they aren't interested in the opportunities at this time, just
getting started earlier will make their plan a better resource for them.
Oh - and you might ask them to show you a copy when they come home for
Thanksgiving!
Parent Email #13
Dear 2007 SBA Parents:
My apologies to you all - I'm massively behind in getting out the e-mails about
the class content. I'll catch up after Thanksgiving.
I did want to send you the last e-mail sent to the students with the information
about the assignments the students are working on now. Much of this was sent out
to the students earlier and we've spent two class sessions going over the
academic major exploration services offered by the Counseling Center and the
services offered by Career Services.
The students are to complete a resume and a networking assignment that is due
the week after Thanksgiving break. The details are in the e-mail that follows.
I'd also invite you to go to the SBA Advising Center's Website http://sbaweb.udayton.edu/advising/
- click on Business Curriculum, scroll down to and click on First Year
Experience Courses. You'll find the same instructions that are attached to this
e-mail under assignments and you'll also find the Career Services presentation
under Presentations (it will move shortly to the Speakers and Special Topics
category).
Why send this now?? Just like the students need a good academic plan (many did a
good job by the way - some did not, and those students will soon be working on
major revisions), each student needs a good resume and needs to start honing
their networking skills and strategies. The objective of the assignments are to
give them a basic foundation that will serve them well while at UD and later in
life.
We've given them several opportunities to establish a network contact. The idea
is to get them out of their comfort zone. They could have gone to Dialogue Day
earlier this month and talked to several business alums...OR....they can contact
alumni through the Alumni Career Network. If they are taking the latter
approach, we suggested that they also contact someone outside their immediate
family while they're home for Thanksgiving as a backup.
SOOOOOOO.... in addition to asking to see their academic plan, you might also
ask to see their resume and ask them how the networking assignment is coming.
I also suggest that you take a look at the Career Services presentation if you
have a chance. Mark Sisson from Career Services does a great job of going over
the Counseling Center material that the students heard earlier in the semester
and then connecting that material to networking and resume building. His
discussion includes many of the things (why they need a resume, the importance
of networking and taking advantage of opportunities to do so, etc.) that they also
have heard from Department Chairs and other speakers - including me - throughout
the semester. So... take a look if you can. You will miss his stage presence
however. It's hard to put that online!
Have a GREAT Thanksgiving!!! John
Parent Email #14 (SECOND SEMESTER)
Well - the break has come and gone and I did not finish half
of what I wanted to do.
I hope you all had extremely enjoyable holidays. Ours were - even if I only got
half the things done!!
This was in today's UD Campus Digest. I thought you might enjoy seeing it.
More to come. John
Rewarding Success
With returns at the top of outside firms who manage the University of Dayton's
endowment, a student-managed investment fund has consistently outperformed its
benchmarks and will receive millions more to manage.
January 4, 2008 - Call it a $4 million vote of confidence.
That's what the University of Dayton's trustees are giving finance students who
manage a multimillion-dollar investment fund for the University's endowment.
After reviewing the performance of the Flyer Investments VIIP fund, the
trustees' investment committee recently approved adding $1 million per semester
over the next two years, bringing the fund total to nearly $11 million and
making it one of the largest student-managed funds in the country.
"The University has a number of professional investment firms managing our
money; the student-run portfolio has given spectacular, consistent returns, and
its results are at the top of all of our outside managers," said Davis, a
retired investment professional.
"This is a strong sign of the board's support for and recognition of the success
of the student program," said Richard Davis, a University of Dayton trustee who
chairs the board's investment committee.
Davis said the fund's one-year performance at the end of September bettered the
S&P 500 by 3.32 percent. The Flyer fund was up 19.8 percent, while the S&P 500
was up 16.48 percent. Since the fund was initiated in December 1998, the fund is
up 5.79 percent, beating the benchmark by 1.64 percent per year. The fund also
outperformed its benchmarks at the three- and five- year marks, Davis said.
David Sauer, associate professor of finance and founding director of UD's Davis
Center for Portfolio Management, attributed the students' success to both the
thoroughness of the process and the state-of-the-art financial tools they use.
"We spend a great deal of time doing a thorough analysis of all the companies we
invest in," Sauer said. "We look for strong sectors, strong industries and
strong companies."
Students manage the portfolio in the Davis Center for Portfolio Management,
which simulates Wall Street with the same analytical software and database
subscription services used by financial institutions globally. Davis and his
wife, Susan, gave the University $1 million to endow the center so that students
could gain real-world experience.
"This experience helps to nurture teamwork and the collaborative nature of this
kind of work," Davis said. "Our students have the equivalent of two to three
years of experience. Employers have told us that because of the collaboration
and team orientation, our graduates are wise beyond their years."
Thomas Giltner, one of the 15 seniors in the finance class that managed the fund
last semester, agreed that the class honed his collaborative abilities.
"Every day instructors were talking about the economy, and we had a round table
discussion with 15 different perspectives. You really get a knack for being able
to look at it from everybody's perspective," Giltner said. "You can really find
flaws or you can see an indication the company will turn around. That means that
throughout our careers, we'll be able to look at the economy and companies from
all different perspectives."
But Giltner won't know whether the decisions his class made will be good ones,
although he appreciates the good decisions made by previous classes that
contributed to the consistent showing of the fund.
"Teams in the past have really nailed some of the companies. One company they
bought had a 43 percent return, and then they sold it. Since then that company
is down about 85 percent from where it was," Giltner said.
As part of the students' final semester presentation in December, they offered
investors their outlook on the market and the economy in 2008:
* The economy is at a slowing point with the potential for recession.
* The collapse of the subprime mortgage market not only will cause devaluation
of home values, but has negatively affected consumer spending.
* The team expects the Federal Reserve Board to cut interest rates several times
to combat the mortgage issues. The rate cuts could affect inflation and cause
the U.S. dollar, already at historic lows, to go lower.
* Energy prices will continue to be extremely volatile. A growing trend toward
energy efficiency has not helped to lower energy prices as yet.
* A lively presidential election year with diverse and polarizing candidates may
create political instability and hinder business and consumer spending.
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