Thomas Smith Offers Thoughts on 2014 Economy

Thomas Smith, Assistant Professor in the Practice of Finance

Thomas Smith, Assistant Professor in the Practice of Finance

Thomas Smith, Assistant Professor in the Practice of Finance at Emory University’s Goizueta Business School, discusses the 2014 economic outlook with WalletHub CEO Odysseas Papadimitriou in a recent article. Smith opines on the overall economic outlook, Federal Reserve policy, interest rates & real estate, and the stock market.

Read Thomas Smith’s thoughts on the 2014 economy.

Poet and Quants says Goizueta is one to watch

GBS2Poet & Quants recently published a comparison of the overall rank and peer rank for the top 20 business schools, using the U.S. News and World Report’s ranking.

In the article, Poet & Quants highlights Emory University’s Goizueta Business School as “a school to watch,” noting the school’s jump up the rankings nine positions to number 18 and the “highest placement rate and biggest increase in reported salary of any business school in 2012.”

Click here to read the complete article.

Goizueta professor offers “2014 Predictions for Your Wallet”

Professor Thomas Smith

Professor Thomas Smith

Goizueta Business School’s Thomas Smith, assistant professor in the practice of finance, was recently referenced in an article by WalletHub.com which offered “2014 Predictions for Your Wallet.”

As put by WalletHub, “2013 was a year characterized by economic distractions, with things like the government shutdown, concerns about a potential U.S. default, and overall political obstinacy taking center stage.  So, it’s fair to wonder:  Will 2014 be any different?”

Covering everything form GDP, unemployment, the stock market, and interest rates to Congress, Obamacare, and gas prices, WalletHub referenced experts like Smith who says, “I am very bullish on the economy and have been for a few years. I’m waiting for the economy to bust out. The problem, however, is that everyone else is just itching for the next recession so they can say ‘See, I knew another recession was heading!’”

In particular he is cited for his outlook on the stock market – predicting that it will be solid, though volatile. In his words, “These markets are primed for a big correction. A lot of this is speculative demand pushing equity values up, and this could keep up for another year. But I am pretty confident that we are going to see drop in the averages. And if this happens, we could see a drop in other sectors and the start of a little recession.”

Specializing in cultural, sports, religion, educational, labor, and urban economics, Thomas Smith joined the Goizueta Business School faculty in 2008. He has held faculty positions at the University of Illinois–Chicago, National-Louis University, Loyola University, and North Central College. Smith received a PhD in labor and demography/cultural economics and policy from the University of Illinois at Chicago in 1998. Smith has presented dozens of papers at academic and professional conferences in the U.S. and abroad, while also serving as a consultant for the arts, music and entertainment industry and in curriculum development.

-Meredith Farahmand

 

Goizueta’s students continue to achieve top employment numbers

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98% of the class of 2013 reported job offers three months post-graduation.

As reported by Poets & Quants, “For the second consecutive year, Emory University’s Goizueta School of Business boasted the best MBA placement record of any U.S. business school in the Top 30, with 98.1% of the Class of 2013 reporting job offers three months after graduation.”

“Our career success is due, in large part, to our high caliber student population. We are pleased that Goizueta MBAs continue to be sought after by the world’s best companies,” says Wendy Tsung, associate dean & executive director of Goizueta’s MBA Career Management Center (CMC).

Goizueta’s CMC partners with students early in the course of their MBA experience, starting even before they arrive on campus. The team is staffed by a director, four full-time career coaches, and two employer relations staffers, an office manager and recruiting coordinator. Their dedication to offer students access to top companies is matched by a commitment to prepare students for every stage of the job search process.

“Since the school revamped its curriculum so that the core is taught in the first semester, students with full-time offers at the end of their internships have more than doubled. The early start, the one-semester core, the early outreach by the career staff along with their close follow-up has made a huge difference in the school’s outcomes,” reports Poets & Quants.

Click here to read more.

Investors found to favor companies with shorter names

Clifton Green

Clifton Green

The research of Clifton Green, associate professor of finance and doctoral area coordinator of finance at the Goizueta Business School, was recently highlighted as “The Daily Stat” for the Harvard Business Review Blog Network.  The post titled “Investors Will Like Your Company Better if You Shorten Its Name” cites Green’s findings that a 1-step increase in name “fluency” is associated with a 2.53% increase in market-to-book ratio.

Green joined Goizueta Business School in 1999 after completing his PhD at NYU where he taught 1998-1999. His research interests include investments and market microstructure, with an emphasis on behavioral finance. Clifton’s research has been featured in the Wall Street Journal, Barrons, Financial Times, and on CNBC television. Green holds numerous honors not only for his accomplishments in finance, but also for his distinguished teaching skills.

-Meredith Farahmand