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


Sports marketing research makes front page

Mike and Manish

Mike Lewis and Manish Tripathi

The research of Goizueta Business School’s Michael Lewis, associate professor of marketing doctoral area coordinator, and Manish Tripathi, assistant professor of marketing, made the front page of The Pittsburg Post-Gazette this past Thursday December 12th.

The article, titled “The black & gold blues: Steelers fans take losses the hardest in the NFL”, discusses Lewis and Tripathi’s recent study on fan emotions which shows that Steelers fans take losses harder than any other fan base in the National Football League.

The Emory Sports Marketing Analytics blog hosted by the duo explains how they conducted their research- by analyzing messages posted via Twitter after every game of the 2012 NFL season and then using an algorithm to categorize tweets as positive or negative.  As reported by The Pittsburg Post-Gazette, “In the two day window that followed Steelers losses last season, 33.1 percent of tweets from the Pittsburg area about the team were positive, the lowest percentage of any NFL team.”

Lewis and Tripathi’s work is part of The Emory Marketing Analytics Center (EmoryMAC) – formed out of the revolutionary change in the field of marketing, a change driven by two somewhat related factors. First is the change in the fundamental approaches to marketing driven by new interactive technologies. The second is the emergence of potential new data sources and analysis techniques that have the potential to allow marketers to better understand marketing phenomena and to improve marketing decision-making.

Beyond scholarly research, EmoryMAC also hosts innovative conferences and student courses all aimed at fostering “a new direction for marketing.”

-Meredith Farahmand

Honoring Veterans Day with Dr. Daniel Kaufman

Veterans Day 2013

Veterans Day 2013 Speaker, Dr. Daniel J. Kaufman

In observance of Veterans Day, the Emory Veterans Association hosted retired general Dr. Daniel J. Kaufman at the Goizueta Business School.  On Thursday November 7, Kaufman shared lessons on service and leadership, followed by a reception featuring some of the best BBQ in town.

To an audience full of student veterans as well as their classmates and faculty, Dr. Kaufman said,  “[Veterans Day] is a day for reflection and gratitude…It is also a day of personal sorrow for those who have lost loved ones…But I argue that it is also a day for all of us to be very proud, to show our collective national pride and illustrate our appreciation for those who have served and sacrificed to establish and preserve the freedoms that we cherish.”

Dr. Kaufman’s service began upon receiving his undergraduate degree from the United States Military Academy at West Point in 1968.  He went on to earn a Bronze Star for heroism and two Purple Hearts during his military service, including tours with cavalry and armor units in the United States and Vietnam. Dr. Kaufman holds a Masters of Public Administration from Harvard University as well as a Doctorate in Philosophy in Political Science from the Massachusetts Institute of Technology.  In addition, he has served as a member of the National Security Council staff in the White House and in the Office of the Secretary of Defense.  He also acted as charter president of the new Georgia Gwinnett College, located in Lawrencesville.

Veterans Day 2013

Dr. Kaufman, Veterans Day speaker, and Ken Keen, associate dean of Leadership Development

“In an era when so many act only in pursuit of narrow self-interest, today’s soldiers, airmen, marines, today’s veterans have chose the opposite choice. They have chosen to serve a cause that is greater than self…So to all of them, to the veterans, to the fallen, to their families, and to those currently on duty in harm’s way around the world, there is no tribute, no commemoration, no praise that can truly match the magnitude of your service and your sacrifice,” said Dr. Kaufman.

He went on to say, “We call Veterans Day a holiday, but for many veterans it is another day of memories that drive them to live their lives each day as best as they possibly can. For our troops, it is another day in harm’s way. For their families, it is another day to feel the absence of a loved one and concern for their safety. For our wounded warriors, it is another day of slow and arduous recovery.  So while it is important and proper that we mark this day, it is far more important that we spend our days determined to honor the opportunities given to us by all those who enter this country’s calling.”

Along with Emory University at large, the Goizueta Business School is proud to support and promote US Military Veterans.  Goizueta appreciates that individuals with military experience have gained valuable skills for transition into civilian life, including leadership, responsibility, and critical thinking. Add to that the technical, business and managerial skills that come with a Goizueta MBA, and veterans are prime for prestigious career opportunities.

Veterans Day 2013

Members of Goizueta Veterans Club, Emory Veterans Association, and veterans in attendance at the event

The Goizueta Veterans Club is comprised of students across all five MBA formats. Activities each year include student/alumni networking events, such as the Veterans Day Celebration and community service activities.  In addition, student members share helpful career opportunities, MBA conference information, scholarship and VA funding information, and relocation assistance for incoming students. Goizueta students also may participate in the larger Emory University Veterans Association, comprised of veterans enrolled in other majors across the University.

-Meredith Farahmand


Doctorate in success

doctorate in success

David Tan 09PhD and Jade Dekinder 02C, 07PhD

Highly ranked undergraduate and master’s programs offer no guarantee of a successful doctoral program.Institutional culture, the faculty’s willingness to mentor rising scholars, available academic concentrations, financial support, and opportunities for collaborative research all play critical roles.

Still … Goizueta loves a challenge.

When Goizueta established its doctoral program and began accepting candidates in the early 2000s, the entire school, led by a large number of engaged faculty, went all in. That dedication was evident to prospective students, and it has fostered a loyalty that persists well past graduation.

“The faculty who did the recruiting were remarkable,” recalls Jade Dekinder 02C 07PhD, a member of the inaugural class and now an assistant professor of marketing at McCombs School of Business at the University of Texas. “Compared to other programs, there was a distinct difference in the professors who telephoned, urging you to accept
Goizueta’s offer. That lent some credibility to the program and really gave us an idea of the type of program they were going to run and the level of engagement.”

Of course, the faculty were not the only ones with a considerable stake in the program’s success. The students, too, wanted Goizueta’s fledgling program to excel and understood their own success—or lack thereof—would impact future students.

“We knew that what we were doing wasn’t just about ourselves,” says David Tan 09PhD, assistant professor of strategy at Georgetown University. “We were laying the foundation for generations of doctoral students coming after us. Graduates from older, more established programs have since become chaired professors and leading scholars in their fields. We wanted to help create that experience and expectation at Goizueta.”

And that’s what’s happening. Two Goizueta alumni—Gerald Kane 06PhD and Kapil Tuli 06PhD—have already earned tenure, while many later Goizueta PhD graduates are working their way up the ladder as junior faculty. Even early graduates landed interviews (and jobs) at competitive schools with longstanding doctoral programs. That, says Tan, signals how quickly Goizueta’s program has earned an excellent reputation.

Not only have Goizueta’s first doctoral graduates helped build the program at Emory, they have also incorporated the lessons learned in their own professional work. Dekinder, who appreciated the close collaboration and attention she received from Goizueta professors, notes that she makes sure to have frequent meetings with students and values open dialogue. “Students enjoy very easy access to me and my office,” she says, “and I invite a lot of questions

Goizueta Commencement 2013

As the class of 2013 celebrates graduation, Goizueta Business School will provide LIVE webcasts of the main commencement exercises and the individual program diploma ceremonies at Emory University  on Monday, May 13th.

Webcasts of commencement on the Quadrangle (8 a.m.) and the diploma ceremonies for Goizueta programs (various times) can be viewed by clicking here. Business school ceremonies can also be seen on Emory Cable channel 28 while Emory college ceremonies will air on channel 86.

Individual schedules of events — including receptions and diploma ceremonies — are available for BBAMBAEvMBAEMBA and PhD graduates, family and friends. For complete information on parking, maps and other frequently asked questions, visit the Goizueta Business School graduation page.

“Our graduates are life-long members of the Goizueta Business School family, connected to the school and to a large network of other Goizueta alumni, who stand ready to help each other,” said Dean Larry Benveniste. “We also recognize that no one graduates without the strong support of his or her immediate family and friends. This familial community helps launch our graduates into successful careers.

“We invite you to join us in this important celebration.”