The typical U.S. household pays $500 a year in bank and credit card fees and interest, more than half of which could be avoided through better planning, according to new research by Victor Stango, assistant professor of management at the University of California, Davis.
(Davis, CA)—Professor Brad Barber, an internationally recognized expert in behavioral finance, asset pricing and investor psychology, has been named the first recipient of the Maurice J. and Marcia G. Gallagher Chair in Finance.
An endowed chair is one of the highest honors that can be bestowed in academia. It provides critical funding for research activities and has a direct influence on the contribution the Graduate School of Management can make to the business world and to management education.
Steven Currall, a vice dean and faculty member who holds joint positions at University College London and the London Business School, has been appointed dean of the UC Davis Graduate School of Management.
Professor Andrew Hargadon, faculty director of the UC Davis Center for Entrepreneurship, was honored in March with the 2009 Olympus Emerging Educational Leader Award for inspiring innovative thinking in students and for his potential to make even greater contributions to the field in the future.
Hargadon, a former design engineer for IDEO Product Development and Apple Computer, was recognized for his leadership of the center, which has had notable success in moving technologies from university labs to the marketplace.
(Davis, CA)—A team of four UC Davis MBA students recently won the CFA Society of San Francisco’s second annual Bay Area MBA Portfolio Challenge. Competing teams spent three months trading and tracking a $1-million portfolio using the Stock-Trak virtual brokerage investment simulation platform. Investments were limited to U.S. traded equities.
The UC Davis Graduate School of Management, in collaboration with the UC Davis School of Medicine, has introduced a new program designed to prepare MBA students to lead hospitals, government agencies and other organizations.
Collectively, individual Taiwanese investors racked up $32 billion in stock market losses between 1995 and 1999 — virtually all due to frequent trading, according to a new study by researchers at UC Davis, National Chengchi University in Taipei and Peking University.
Mirroring a national trend, applications to the UC Davis Graduate School of Management’s two-year Full-Time MBA program are up 50 percent from last year, the school’s admission office reports.
UC Davis has announced the details of the inaugural Food and Health Entrepreneurship Academy, to be held February 23– 27, 2009. Co-presented by the UC Davis Center for Entrepreneurship and the Foods for Health Institute, the academy is designed for researchers in fields related to foods, nutrition and human health.
The School’s Alumni Association has honored two of its members: David Russ ‘86, chief investment officer for Dartmouth College, received the Distinguished Achievement Award for his investment skills and success in managing large, complex university endowments, and for his leadership role on the GSM’s Dean’s Advisory Council. Vincent Catalano ‘97 received the Outstanding Service Award for his passion, drive and leadership in support of the School, including his service a past president and member of the Alumni Association’s board of directors.
The Brass Tacks among the 10 Most Innovative MBA Teams in the World
UC Davis MBA Team Advanced to Innovation Challenge Finals
Davis, CA)–A team of four UC Davis MBA students advanced to the final round of the 2008 Innovation Challenge, the world’s largest academic competition of its kind produced by consulting firm Idea Crossing and hosted by The Batten Institute at the University of Virginia’s Darden School of Business.
Calling themselves The Brass Tacks, the group of first-year Full-Time MBA students emerged as one of 10 finalists from the initial round and a semi-final round of the sixth-annual international competition, which took place online in October.
Half of California’s 400 largest public companies have no women in top executive offices, according to a study reported today by University of California, Davis, researchers. Almost half do not have a woman on the board of directors. Nearly a third — including household names McAfee, Quicksilver and Hansen Natural — do not have a woman in either a top executive post or on the governing board.
Dean Nicole Woolsey Biggart has been awarded the Aspen Institute’s Center for Business Education’s 2008 Faculty Pioneer Award for Institutional Impact. The annual recognition, dubbed the “Oscars of the business school world” by the Financial Times, celebrates MBA faculty who have demonstrated leadership and risk-taking in integrating social and environment issues into academic research, educational programs and business practice.
The wine industry is making a concerted effort to adopt environmentally responsible practices but sees a need for better education among both consumers and professionals on many “green” issues, according to two surveys of wine industry professionals and executives conducted by Robert Smiley, professor and director of wine studies at the UC Davis Graduate School of Management.
L. Wilton Agatstein, Jr., has been named executive director of the UC Davis Center for Entrepreneurship. Prior to 2008 Agatstein was vice president at Intel and the head of Intel’s Emerging Markets Group; in spring 2008 he was the Graduate School of Management’s Robert A. Fox Executive-in-Residence.
Dean Nicole Woolsey Biggart will step down from her administrative post next July. Following a sabbatical, she will return to full-time teaching and research. Biggart began her term as dean “with several aspirations. I am pleased that we have achieved substantial progress toward these goals in the past five years.”
A team of UC Davis MBA students’ design for a state-of-the-art “green” development won the 17th annual Bank of America Low-Income Housing Challenge in May. The design will be incorporated into a proposal that will be delivered to the Sacramento Housing and Redevelopment Agency in August.
A design for a high-tech closure for wine bottles that would allow the wine to breathe much like traditional bark corks won the $15,000 first prize in the annual student-run Big Bang! Business Plan Competition. The cap, which could help prevent some $10 billion worth of wine from being ruined every year by cork taint, will also compete at the Draper Fisher Jurvetson Venture Challenge.
Following three years of rapid enrollment growth in one of the nation’s most competitive MBA markets, the Graduate School of Management is moving its Bay Area MBA Program for Working Professionals to a new location at Bishop Ranch Business Park in San Ramon.
Energy expert Amory Lovins of the Rocky Mountain Institute will be the keynote speaker at the 2008 UC Davis Green Technology Entrepreneurship Academy in July. Hosted by the UC Davis Center for Entrepreneurship, GTEA brings together doctoral students, post-docs and research faculty to learn how to move ideas from the laboratory to the marketplace.