Spring 2009 News
CSU Trustees increase fees and implement a Graduate Business Professional Fee for the MBA Program. This will be effective Fall 2009.
What is the Graduate Business Professional Fee?
This fee applies to our state-supported Evening (Self-Paced) MBA program. It is a $210 per unit fee that is charged in addition to other fees such as Total Basic Registration Fee and Non-Resident Fees.
On April 16-18th California State University Long Beach sent four teams (two UG and two MBA) to San Diego for the culmination of the 45th International Collegiate Business Strategy Competition and brought back three 1st Place Top Performance trophies.
In the competition, student teams, organized into “worlds” take over the management of a simulated company competing against the teams of other schools in their world. During the remote phase of the competition which begins the first week in February, students make ten sets of quarterly decisions on all aspects of their company’s operations from research and development to training and marketing, finance, and production, which are then transmitted to the competition host computer. As in the real world, decisions made by the “company managers” determine revenues, costs, and financial performance. During the onsite phase, ten additional sets of quarterly decisions are made and the final performance of the teams is determined. Included in the evaluation of the teams is the quality of two written documents, their Business Plan and Annual Report, and the judges evaluation of their decision-making processes determined during visits to the “company headquarters” and a team presentation to the judges serving as the Board of Directors. In addition, to the overall performance awards, one of the undergraduate teams brought back a “best written reports” trophy and one of the MBA teams brought back a 1st runner-up “best written reports” trophy. The teams were as follows:
- Long Beach Digital, Inc. (UG) – 1st Place Performance, 1st Place Written Reports
Juan Arias,Ashley Blythen, Eyad AliJubran, Jamison Hart,
- BeachWorks Industries (UG)
Eric Solomon, Grant Brooks, Ching Fung Teai
- Beach Mobile (MBA) – 1st Place Performance
Jefery Kusnadi, Justin Kleber, Sean Hernandez, Jimmy Nguyen
- Global Solutions (MBA) – 1st Place Performance, 1st Runner-Up Written Reports
Nguyen-Khang Tran-Tan, Nui Valleta, Will Drover, Mary Ensch
This spring was only the second time that California State University Long Beach had sent teams to the competition. In the Spring of 2008, an MBA team brought back a 1st runner-up trophy for their performance. The teams’ faculty advisor, Annette Lohman, from the Management and Human Resources Management Department, said that she was informed by the competition organizers that this year was the first time that one school earned three 1st Place Performance trophies. She had this to say about the competition: “I truly believe that the students will tell you that this one experience has taught them more than they ever imagined when they started and is one of the highlights of their academic careers here at Cal State Long Beach. This, I believe, is the true value in participating in the competition.”
CSULB’s Society for Innovation and Entrepreneurship (SIE) announced that the College of Business Administration’s Team Inertia (Tiffany Washington, Tanisha Washington, and Kyohei Mimura) have won this year’s Innovation Challenge. In 2003, Idea Crossing, a company that specializes in idea contests created the first Innovation Challenge, now the world's largest business innovation competition for students. CSULB’s competition was organized by The Society for Innovation and Entrepreneurship. SIC is a student organization founded to stimulate interest in entrepreneurialism among CSULB students and to provide them with real-time learning opportunities, to transform business ideas from concept to successful enterprises.
Team Inertia’s winning entry addressed two issues: the need for affordable, durable footwear for children in developing countries and the significant number of plastic bags in overflowing landfills. They were inspired by their advisor Professor Tom Rhoads who said, “Don’t just think outside of the box, invent a completely new box”. The trio now hopes to continue improving the 100% plastic bag shoes and have them distributed to people in need everywhere.
You can view Team Inertias video about their winning entry on youtube.
Learn more about The Society for Innovation and Entrepreneurship.
Amount/Award: $1,000 (one available)
- Must be attending CSULB and enrolled in the College of Business Administration.
- Must currently have senior status and will be enrolled in Fall 2009. (No seniors graduating in Spring 2009)
- Must have a cumulative GPA of 3.0 or better.
- Must be able to travel to New York City in September 2009 for a donor reception as a guest of University Relations & Development.
Please submit the following documents to the Center for Scholarship Information (USU-238) in addition to completing the online application form:
- Unofficial transcripts from MyCSULB; if previous academic information is not listed please provide an official transcript from those universities
- A two-page typewritten statement describing the following
- Obstacles and challenges that you have encountered while attending college
- Interest and motivation in pursuing a college degree
- The difference CSULB as made in your life
- Goals you seek upon graduation.
- Two letters of reference, one from a CBA faculty member who is familiar with your academic ability and one from an organization that you have previously been associated with or a personal reference.
The 1st annual Student Center for Professional Development (SCPD) 5K Run/Walk (Saturday, March 21) celebrated fitness and raised money for SCPD which develops our young professionals about to enter the corporate world. More than 200 runners and walkers toured through the beautiful California State University, Long Beach campus. The CSULB campus was recently used for a portion of the Long Beach International City Marathon. The SCPD focuses on developing programs and opportunities for CSULB undergraduate business students to enhance their academic and professional development. Proceeds from the event will go directly to funding the various programs under the SCPD umbrella. Photo Gallery
In a new program instituted last semester (fall 08) by the Information Systems Department of the College of Business Administration, over 480 Business Communication (IS301) students have received certificates of excellence or proficiency in the C.L.U.E. (Competent Language Usage Essentials) awards program.
According to Debbie McElroy, course coordinator, “the C.L.U.E. program focuses on helping students achieve competency in language usage essentials incorporating effective business communication requirements for correctness, conciseness, coherence, and clarity.” The three-part testing program requires students to earn a grade of over 92 percent to receive a Certificate of Excellence and 80 to 91 percent for a Certificate of Proficiency.
“Since today's employers rate communication skills at the top of their criteria for new hires,” explains IS Department Chair, Dr. Robert Chi, “the C.L.U.E. program is pertinent to all business disciplines and the skills learned can be extremely helpful to students in both their current classes and future careers.”
“Since introducing the Certificate Program this semester, the number of students earning an 80 percent or higher C.L.U.E. test score has risen by 12 percentage points over the previous semester,” explains McElroy, “and the students seem to appreciate receiving the certificate and being able to add the award mention to their résumés.”
Frank Cardinale, lecturer in Business Law, has published an article, “The Carve-out Guaranty in Non-recourse Commercial Real Estate Loans—Cases That Adjudicate Guarantor Liability and Damages,” in the California Real Property Journal, vol. 26, no. 3. The article “examines a special kind of personal guaranty given to a real estate lender commonly known as a ‘carve-out’ or ‘exception to non-recourse’ guaranty.” He discusses a number of court cases relating to this special kind of guaranty and the implications they may have for future case law with respect to these types of contracts.
In September, Jeane Relleve Caveness, Assistant Dean of the College of Business Administration, was appointed to a two-year term on the Los Angeles Regional Council for the American Cancer Society.
Professor John Lacey of the Department of Accountancy has been chosen the CalCPA 2008-2009 Outstanding Educator. The nomination and selection process took place in the fall of 2008. The award will be presented at the June annual meeting of CalCPA, the statewide professional body of all licensed CPAs for California. Additionally, John is being nominated by CalCPA for the AICPA (American Institute of Certified Public Accountants) Distinguished Achievement in Accounting Education award. The final recipient of this award will be announced soon.
“Travel Study to China” will be offered in Spring 2009 with travel in the summer of 2009. The course will equip students with an understanding of the social, cultural, economic, and political environments of doing business in China and east Asia. After a program of readings and lectures on campus during the spring semester, students will take a three week tour of China and east Asia. An 8-day tour of Shanghai, Xian, and Beijing will be followed be a 12-day program of lectures, group projects, field trips and other activities based at the Harbin Institute of Technology. Students will enroll and receive credit in CBA494-I/GBA695-I. More information about this study program is available on Study Abroad. Students may also contact Professor Robert Chi at ext 5-4238 or firstname.lastname@example.org.