Dean's Projects

Dr. Donald Siegel, Dean
Welcome from Professor Donald Siegel
Dean of the School of Business
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Welcome to the School of Business at the University at Albany.

Our world-class faculty offer high quality undergraduate and graduate programs. They are especially adept at blending their academic research into the classroom, providing hands-on educational experiences that have launched many successful careers. We are proud of our tradition of excellence and the accomplishments of our students, alumni, and faculty. Many of our alumni are top-level executives in accounting, investment banking and finance, management, marketing, and information systems. We also have a bright future. The quality of our programs continues to rise, with higher admissions standards, innovative and flexible programs for working professionals, enhanced career services, a new freshman direct admit program, and a financial analyst honors program, which resulted in the recent placement of three students at Goldman Sachs. Most notably, the state legislature recently allocated $54 million for a new School of Business building, a 90,000 square-foot state-of the-art academic and research facility. The School will be more focused on innovation and entrepreneurship, becoming more closely connected to technology-based economic development and new firm creation in the Capital Region.

I encourage you to learn more about our programs and our faculty, students, and alumni. I hope that you will make a wise investment decision: to become part of our vision to advance knowledge and practice in business.

Dean Donald Siegel Testifies Before Congress

Dean Donald Siegel recently testified before Congress regarding re-authorization of the Small Business Innovation Research and Small Business Technology Transfer programs, the world’s largest public sector entrepreneurship programs. Click here for more>

I have some great news to report, regarding an administrative appointment, tenure and promotion, major gifts, faculty research accomplishments, accolades for the Department of Information Technology Management and the Department of Management, a visit from the President of Federal Reserve Bank of New York, and a new partnership with Syracuse University:

  1. Major Gift ($100K) for Entrepreneurship-We have received a $100,000 gift from an anonymous donor, which will be used to fund a classroom dedicated to the teaching of entrepreneurship.

  2. Press Conference to Celebrate Success of UAlbany’s Innovative SEED Program-Please join UAlbany President George Philip, SEFCU President & CEO Michael Castellana’84, ’92, and Peter Wohl, Capital Region Director of Empire State Development, for a news conference tomorrow morning announcing the job-generating results of UAlbany’s Small Enterprise Economic Development (SEED) Program. Established in June 2011, the SEED Program links faculty, staff and students from the UAlbany School of Social Welfare, the UAlbany School of Business, and the School of Business's Small Business Development Center (SBDC), with financial support from SEFCU and ESD, to stimulate the creation and growth of small businesses in the Capital Region. The news conference will take place on Wednesday, January 25, 2012 at 11:00 a.m. in the University Hall Atrium.

  3. UAlbany Day 2012–You are all invited to attend UAlbany Day 2012, which will take place on Monday February 6th at Empire State Plaza (see http://alumniconnections.com/olc/filelib/UAB/email/Library/html_versions/VB_UAlbanyDay_2012.html). Note that the university is offering free tickets and transportation to the Men’s basketball game (which follows the reception).

  4. Accounting Video-The university has produced an outstanding video about our accounting programs, titled “Accounting Majors Can Count on Success!” (see http://www.youtube.com/watch?v=ujNZbCq-M1M ).

  5. School of Business Hosts SBA Roundtable for Female Entrepreneurs-In December, we hosted a Women-Owned Business Roundtable for the Small Business Administration, organized by Teri Coaxum-SBA Office of Advocacy.

  6. Congratulations to Professor Janet Marler, Chair of the Department of Management, who was recently named to the Editorial Board of Human Resource Management Review (Social Science Citation Index Impact Factor of 2.80). 

  7. Congratulations to Professor Hany Shawky, Associate Dean for Academic Programs, and Professor Rita Biswas, who have written several reports on hedge funds and mergers and acquisitions for the prestigious publication Oxford Analytica (see http://www.oxan.com/).

  8. Congratulations to Professor Lakshmi Mohan, whose article titled  “A Pan-India Footprint of Over-Indebtedness of Microfinance Borrowers from an Exploratory Survey” was accepted for publication at Enterprise Development and Microfinance Journal.

  9. Shameless Self-Promotion-As President of the Technology Transfer Society (a non-profit organization devoted to academic analysis of technology commercialization and entrepreneurship), I organize an annual research conference.  I am pleased to announce that the 2012 event will take place at the New York Academy of Sciences (7 World Trade Center, 250 Greenwich St-http://www.nyas.org/RentOurSpace/index.asp ) on 11/2/2012-11/3/2012.  Our keynote speaker is the leading scholar in entrepreneurship, Professor William Baumol, Academic Director of the Berkley Center for Entrepreneurship & Innovation at the Stern School of Business, NYU (http://pages.stern.nyu.edu/~wbaumol/).

  10. Professor Hany Shawky to Serve as Associate Dean for Academic Programs-Professor Hany Shawky, recently ranked as one of the world’s leading scholars in finance, has agreed to serve as Associate Dean for Academic Programs.  He will replace Professor Sanjay Putrevu, who is on a well-deserved sabbatical.  Sanjay has done an outstanding job in developing our new undergraduate concentration in entrepreneurship, promoting community-based programs, and expanding our international programs and initiatives.  Professor Shawky brings outstanding scholarly credentials to this position.  He recently co-edited a special issue on “Financial and Real Effects of Alternative Investments” for the prestigious Journal of Corporate Finance (see http://www.sciencedirect.com/science/journal/09291199/18/1 ).  This issue was based on a workshop, sponsored by the School of Business, held last May at the SUNY Global Center.   Hany recently published a book with Professor David Smith, titled “Institutional Money Management: An Inside Look at Strategies, Players, and Practices” (see http://www.wiley.com/WileyCDA/WileyTitle/productCd-047061014X.html ), including chapters from School of Business alumni Michael Weilheimer,  Thomas Metzold, William Desormeau Jr., and  Paul Zummo.  Hany also has an unusual passion for undergraduate education, having worked hard with colleagues in the Department of Finance  to develop our world-class Financial Analyst Honor’s Program (see below). 

  11. Congratulations to  Uday Chandra, Suraj Commuri, Richard Johnson, Eliot Rich,  and Sanjay Putrevu-In the past eighteen months, five tenure-track faculty members in the School of Business have been tenured and promoted.  Congratulations to Professor Uday Chandra (Accounting), Suraj Commuri (Marketing), Richard Johnson (Management), and Eliot Rich (Information Technology Management) for their well-deserved promotions from Assistant Professor to Associate Professor with tenure.  Congratulations to Professor Sanjay Putrevu (Marketing), who was promoted from Associate Professor to Full Professor of Marketing.

  12. Major Gifts-$50K from Northwestern Mutual and $50K from an anonymous donor-Northwestern Mutual and the Tronco Financial Group, based in Latham, donated $50,000 to the School of Business.  The funds will be used by the Department of Marketing to enhance the professional development of undergraduate students in marketing.  Northwestern Mutual has also been actively supporting our new student chapter of Women Excelling in Business (WEB).  An anonymous donor has also donated $50,000, which will be used to support faculty research.

  13. Syracuse University to Partner With the School of Business on the 2012 New York State Business Plan Competition-Syracuse University has agreed to provide financial and logistical support for the 2012 New York State Business Plan Competition, which is open to any college or university student in NY state who wants to launch venture in any sector (private, public, or non-profit).  The School of Business is also organizing this event with the College of Nanoscale Science and Engineering and RPI, with financial support from SEFCU and other donors.   The event awards over $100k to student-run companies.   

  14. Congratulations to the Department of Information Technology Management, Which Was Recently Ranked #54 in the World-The School of Business’s Department of Information Technology was recently ranked #54 in the world, in terms of research over the last 5 years.  We are ranked ahead of Purdue University (#58), Indiana University (#66), and the University of Michigan (#75), as well as other respected institutions in the northeast, such as Boston University (#61), the University at Buffalo, SUNY (#70), and RPI (#86).  Congratulations to faculty members in this illustrious department!

  15. Congratulations to Professor InduShobha Chengalur-Smith, Chair of the Department of Information Technology Management and Professor Peter Duchessi, whose article entitled “Information Sharing and Business System Leveraging in Supply Chains" was accepted for publication at Information & Management (Social Science Citation Index Impact Factor of 2.63).

  16. President of Federal Reserve Bank of New York Speaks at UAlbany-President George Philip, Dean Donald Siegel, and the School of Business Advisory Council brought Dr. William Dudley, President and CEO of the Federal Reserve Bank of New York to campus in November. Dr. Dudley, a former partner and managing director at Goldman Sachs, had warm words of praise for the School of Business. He said, “The University at Albany has taken a lead role in shaping the next generation of financial professionals  through its pioneering curricula.” Dudley, the tenth president of the NY Fed, spoke to an audience of 140 Capital Region business leaders and a dozen students, including some enrolled in the School of Business’ Financial Analyst Honors Program (which Dudley lauded in his speech). Those in attendance included alumni Michael J. Castellana '84, '92, President & CEO, SEFCU, Bill Newman ’81, Managing Director, Northwestern Mutual, Peter Cosgrove ’98, Sr. Vice President, First Niagara Bank, Gary Goldstein ’01, DDS, Director, Emblem Health Care, William Kahn ’76, Partner, UHY Advisors, Meg Picotte MacClarence ’02, and Kevin J. McCoy ‘85, CPA, Managing Director, Marvin and Company, P.C., David Wojeski ’87, Managing Partner, Wojeski and Co., and  Robert Lazar ‘77, CPA and former president and CEO of the New York Business Development Corporation and chairman of the University at Albany School of Business Advisory Council

  17. School of Business to Host Major Academic Conference on Alternative Investments and Entrepreneurship-The School of Business will be hosting a major academic conference on the “Effects of Alternative Investments on Entrepreneurship, Innovation, and Growth” for Managerial and Decision Economics, published by Wiley/Blackwell.  A special issue of this journal will be co-edited by Dean Donald Siegel.  The conference will take place in October 2012 at the SUNY Global Center in NYC and will also involve key UAlbany alums who are leading practitioners in alternative investments. 

  18. SHRM Confirms Excellence of the Department of Management’s HRIS Concentration-The Society for Human Resource Management (SHRM), the world’s largest association devoted to human resource management, has renewed its endorsement of our school’s path-breaking Human Resource Information Systems (HRIS) specialization.  Our main competitors in this field are Cornell and Wharton.  Congratulations to Professors Hal Gueutal and Richard Johnson for their report, titled “Transforming HR Through Technology: The Use of E-HR and HRIS in Organizations,which was published by the SHRM Foundation and circulated to its 250,000 members in over 140 countries.  The Department of Management is also to be commended for hosting a successful HRIS alumni reception in November. 

  19. Congratulations to Professor Na Dai, whose co-authored articles titled “Diversification in the Hedge Fund Industry” and “Why do Entrepreneurs Switch Lead Venture Capitalists?” were published in the Journal of Corporate  Finance (Social Science Citation Index Impact Factor of 1.52) and Entrepreneurship Theory and Practice (Social Science Citation Index Impact Factor of 2.27). 

  20. Shameless Self-Promotion-In October, I delivered a keynote address on “University Entrepreneurship and Regional Economic Growth: Lessons Learned From Recent Evaluation Studies” at the 2011 Technology-Based Economic Development Conference in Buffalo, sponsored by the New York State Economic Development Council.  My co-authored articles, titled “Private Equity Portfolio Company Performance During the Global Recession” and “The Roles of Market and Technological Knowledge in Recognizing Entrepreneurial Opportunities” were accepted for publication in the Journal of Corporate Finance (Social Science Citation Index Impact Factor of 1.52) and Management Decision (Social Science Citation Index Impact Factor of 0.63).

Please click here for more news from the Dean's Desk.

 The Annual Technology Transfer Society Conferenceconnects academics and practitioners, the private and public sectors, and a variety of social science and engineering disciplines. Past conferences have covered Innovation and Entrepreneurship, Emerging Issues in Technology Transfer, and Entrepreneurship and Technology Commercialization. This year’s focus is Entrepreneurship and Innovation Clusters.

The conference is co-organized by Professor Donald Siegel, Dean of the School of Business and Professor Pradeep Haldar of the College of Nanoscale Science and Engineering.The keynote speaker, Dr. Marie Thursby from Georgia Tech will discussTechnological Innovation: Generating Economic Results (TI:GER).A collaboration between the Georgia Institute of Technology and Emory Law School, TI:GER brings PhD, MBA, and law students together to learn about the challenges of commercializing technology. Such a program would be ideal for the Capital Region.

For over 30 years, the Technology Transfer Society has been dedicated to the academic analysis of technology transfer and commercialization and the identification and dissemination of best practices.  T²S membership consists mainly of scholars in a wide variety of academic disciplines, but also policymakers and practitioners at universities, federal labs, incubators, and science parks.  The society sponsors the Journal of Technology Transfer, the only academic journal devoted to the managerial and policy implications of technology transfer.  The journal was recently selected for inclusion in the Social Science Citation Index.

 T2S

Please click here to view Transfer Technology Society's homepage.
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