UTSA BUSINESS

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UTSA COLLEGE OF BUSINESSONE UTSA CIRCLESAN ANTONIO, TEXAS 78249RETURN SERVICE REQUESTEDNon-ProfitU.S. PostagePAIDTHE UNIVERSITY OF TEXAS AT SAN ANTONIOCOLLEGE OF BUSINESSPermit No. 2474Austin, TXUTSA BUSINESSANNUAL REPORT 2006“SAN ANTONIO DRAWING WINDOW” BY DALE CHIHULY is featured on the second floor of theBusiness Building. Stepping out of his usual realm as a blown-glass artist, Chihuly designed this piece tocreate his own version of a stained-glass window. “San Antonio Drawing Window” features eight glasspanels with abstract, hand-painted images.KNOWLEDGEFOR A NEW WORLD

TABLE OF CONTENTSUTSA BUSINESSADMINISTRATIONDEPARTMENT CHAIRSDEANACCOUNTINGDr. Lynda de la ViñaDr. James E. Groff, interimSENIOR ASSOCIATE DEANECONOMICSDr. Daniel HollasDr. Kenneth WeiherASSOCIATE DEAN,DOWNTOWNFINANCEFEATURESDr. Keith FairchildDr. Juan GonzalezASSOCIATE DEAN,EXECUTIVE EDUCATIONDr. Robert LengelASSOCIATE DEAN,INTERNATIONAL AFFAIRSINFORMATION SYSTEMSAND TECHNOLOGYMANAGEMENTDr. Glenn DietrichBUSINESS ASUSUAL IN BRAZILCONTENTSMANAGEMENTDr. Robert CardyPage 5Dr. Don LienASSOCIATE DEAN,GRADUATE STUDIESAND RESEARCHDr. Diane WalzMANAGEMENT SCIENCEAND STATISTICSMESSAGE FROM THE DEAN2ADMINISTRATION4ACADEMIC PROGRAMS5FACULTY FORUM9FACULTY PUBLICATIONS15STUDENT SPOTLIGHT19PARTNERSHIPS21ALUMNI NOTES24ADVISORY COUNCIL28Dr. Nandini KannanMARKETINGDr. Joel SaegertASSISTANT DEAN,UNDERGRADUATE STUDIESDr. Lisa MontoyaASSISTANT DEAN,UNDERGRADUATEPROFESSIONALDEVELOPMENTPatrick ValdezSETTING THESTANDARDS FORFUTURE ACCOUNTINGPRACTICESPage 9ANNUAL REPORT STAFFEDITORWendy FrostCOPY EDITORSLety LaurelRebecca LutherPHOTOGRAPHYPatrick DunnMark McClendonDESIGNACCOUNTINGSTUDENTHONES HIS SKILLSDURING NATIONALINTERNSHIPEXPERIENCEPale DesignPage 19UTSA Business is an annual publication for alumni, faculty,staff and friends of the UTSA College of Business.UTSA COLLEGE OF BUSINESSONE UTSA CIRCLESAN ANTONIO, TEXAS 78249(210) SUPPORT COLLEGEOF BUSINESS VISIONPage 21

MESSAGE FROM THE DEANTHEMATICS LEAD THE COLLEGE’SQUEST FOR EXCELLENCECAPITAL MARKETSIn addition to our Department of Finance ranking, Dr. Don Lien, the Richard S. Liu Distinguished Chairby Dean Lynda de la Viña20 ranked finance professors in the world. Dr. Cheryl Linthicum, associate professor of accounting,in Business, and Dr. Yiuman Tse, professor of finance, were named the number one and numberrecently returned from a one-year academic fellowship at the Securities and Exchange Commission,While my first year as dean was focused on planning and visioning, this past year has centered on theand we’ve recently hired Dr. Hamid Beladi, a leading international economist. Dr. Beladi is the editorconvergence of execution and implementation.of two international economic journals that are now based in the College of Business—the InternationalReview of Economics and Finance and Frontiers of Economics and Globalization. Lastly, we are in theThe goal that the faculty and college administration set for the college was to raise our academic profileprocess of developing a new Ph.D. in financial and international economics and in establishing a finan-to become one of the nation’s best business schools. As you’ll see in this annual report, we’re alreadycial trading lab for our students.on target to meet these milestones. The college has received numerous accolades including the recentranking of our finance department as one of the top 100 programs in the country; the top 10 ranking ofour MBA program for minorities by the Princeton Review; and our number two ranking nationally for theTRANSFORMATIONAL LEADERSHIP/ENTREPRENEURSHIPThe Center for Professional Excellence leads our efforts in transformational leadership. This year thenumber of undergraduate business degrees awarded to Hispanics. And, as we were going to press, theCPE has hosted leadership development programs for the Air Force Intelligence Agency, NSA, theCollege of Business received the Brillante Award for Educational Excellence from the National SocietyUT-Health Science Center Medical School and Zachry Construction Corporation. Dr. Ken Allard,of Hispanic MBAs, recognizing us as the top MBA program.former dean of students at the National War College, has joined our faculty to develop security-basedleadership training for homeland security and the national intelligence communities. In convergenceThroughout 2006, the college has been moving to capitalize on the five threads of distinction that wewith these efforts, the college has established a new partnership with the James MacGregor Burnshave identified as our comparative advantages: globalization/cultural pluralism, security, capitalAcademy of Leadership at the University of Maryland to co-develop leadership programs. These pro-markets, transformational leadership/entrepreneurship and health/technology. Here I’d like to sharegrams run in concert with the CPE’s innovative Executive MBA program, which provides a uniquewith you the accomplishments and strategies that we are employing to move forward our vision toeducational experience for individuals preparing for strategic leadership responsibilities. Leading ourleverage these thematics.entrepreneurship efforts, Dr. Cory Hallam has been hired to direct the new Center for Innovation andTechnology Entrepreneurship, which is a joint program between the College of Business and theGLOBALIZATION/CULTURAL PLURALISMAs Thomas Friedman wrote, “The World is Flat,” and in recognition of this business reality we mustCollege of Engineering. He will be teaching in the college’s Management of Technology program.expose our students to the internationalization of business. We have expanded study abroad andexchange opportunities for our students, and this summer the college launched a Brazilian immersionprogram for undergraduates that is featured in this report. In addition to developing opportunities for ourstudents, we are also developing opportunities for our faculty. Dr. Victoria Jones joined the collegeTHE COLLEGE OF BUSINESSIS DEDICATED TO CREATING AND SHARING KNOWLEDGE.faculty to lead the new Business Studies for the Americas program. She is also the newly appointedexecutive director of the Business Association of Latin American Studies (BALAS). The UTSA College ofBusiness is now the headquarters of BALAS, the largest business academic association in LatinAmerica. In collaboration with this new program, we are developing a Spanish-language undergraduatecertificate program for our students as well.THE COLLEGE COMBINES RIGOR WITH RELEVANCEAND PROVIDES INNOVATIVE SOLUTIONSTO GLOBAL BUSINESS CHALLENGES.The expansion of these programs complements our robust programming in Asia. Through the generosity of donor Richard Liu, the college has established prominent MBA and Executive MBA exchangeprograms with China. At the MBA level, the program has expanded to six universities with the additionof Shanghai Maritime University. The EMBA program features participants from the Shanghai EducationCentre for Administrators and executives from Tianjin. Lastly, the College of Business has established anew Center for Global Entrepreneurship, which is positioned to meet the educational and career needsof entrepreneurs in the emerging markets of the world.SECURITYUTSA is one of 60 universities designated as a Center of Academic Excellence in Information Assuranceeducation by the National Security Agency (NSA). This designation was based on the curriculum andprograms in the College of Business. We offer programs at the undergraduate, graduate and doctorallevels in information assurance and security (IAS). Our academic programs and research focus on howbusinesses can protect their assets and maintain secure transactions for their clients. Based on the IASresearch that we are doing in the college, we have been awarded more than 500,000 in grants fromNSA over the past two years. This year we will be looking to fill the new AT&T Endowed Chair inInfrastructure Assurance and Security. This new position will further establish our preeminence in theIAS area.2HEALTH/TECHNOLOGYAs the only business college in the UT-System co-located with a Health Science Center, it is imperativethat the College of Business leverage this positioning to launch innovative programs in the businessof health. The college currently offers an MBA concentration in health care management, and we areexploring partnership opportunities with the UTHSCSA to develop dual degree programs. We have alsobegun the process to formally accredit our health care program with the Commission on Accreditationof Healthcare Management Education. This fall we launched a new Ph.D. program in applied statisticswith an emphasis in biostatistics that is being taught jointly by faculty at the UTHSCSA, and we receiveda 900,000 grant by the National Science Foundation to prepare future biomedical researchers.Important to the continuation of this focus area is the appointment of Dr. Dana A. Forgione as therecipient of the Janey S. Briscoe Endowed Chair in the Business of Health.I have briefly highlighted some of our accomplishments in our five focus areas, and I encourage you toread this year’s report to learn more about our successes in all areas of the College of Business. It is mycharge as dean and my personal mission to keep us focused on this path of distinction. I look forwardto your continued support and patronage to help us achieve these goals. 3

ADMINISTRATIONACADEMIC PROGRAMSCOLLEGE NAMES NEW ADMINISTRATIVE LEADERSThroughout the past year, new administrators have been appointed to lead the college’s downtown operations and undergraduate initiatives.of public affairs from the University of Denver. Dr.bining theory with practice, students will be givenMontoya’s research interests include economicaccess to a well-rounded portfolio of academic,development policy, health care policy and the eco-career readiness and leadership training programs.nomic impacts of micro-lending.The center will also provide employers andShe also is director of the Latino Financial IssuesProgram, which is funded by a grant from the CaseyDR. JUAN GONZALEZAssociate Dean forDowntown CampusIn January, Dr. Juan Gonzalez was named associate dean for the Downtown Campus in the UTSACollege of Business. Dr. Gonzalez handles all downtown administrative operations for the college.Foundation. The Latino Financial Issues Program isrecruiters with a single point of contact for industryspecific and discipline-specific placement needsto become familiar with the issues andcomplexities that affect internationalteach students community economic developmentpolicy. Students, known as LFI Scholars, interactmarkets and to learn how to adaptwith city, state and national leaders and work inmanagement activities to the Brazilianarea high schools to promote financial literacy. Theprogram is a partnership between the Collegeof Business and ACCION Texas, the largest micro-associate professor of management science. Hebusiness lender in the state.market situation.”NIKI STUTZMANDirector ofUndergraduateAdvisingreceived a doctorate in production/operationsmanagement and a master’s in internationalbusiness from the University of South Carolina and—DR. VICTORIA JONESIMMERSION PARTICIPANTS MEET WITH JORGE AGUIRRE, RESTAURANT ENTREPRENEUR ANDBRAZILIAN PIZZA HUT EXECUTIVE.Niki Stutzman leads the college’s Undergraduatehis bachelor’s in chemical engineering from theUniversidad Nacional Autónoma de México.His research interests include multiple objectivedecision making, integer programming, productionPATRICK VALDEZplanning and scheduling, and quality managementAssistant Deanfor UndergraduateProfessionalDevelopmentand control.“Dr. Gonzalez excels in this role,” said DeanLynda de la Viña. “His experience at UTSA andPatrick Valdez leads the college’s new Center forhis collegiality among the faculty allow him to runStudent Professional Development. In this role, hean efficient administrative office and to providedevelops external relationships with local, regionalexcellent support and service to our studentsand national business leaders in the pursuit ofand faculty located downtown.”greater career opportunities for business students.He also advises and assists students in preparingfor internship and postgraduation job opportunitiesby hosting career management workshops andcertification programs.Prior to joining the college, Valdez directed community outreach programs at UTSA and served as theexecutive director of leadership development forthe Hispanic Association of Colleges andUniversities. With more than seven years of experience working in student development, Valdez alsoAdvising Office, which services more than 5,000Exploring the complexities of international markets, discovering cultural“This trip was an opportunity of a lifetime for me,” said Ariel de la Cruz, aundergraduates. She previously had worked as andifferences among Brazilian consumers and learning adaptive manage-junior majoring in international business and finance. “It opened my mind toacademic adviser in the college since 2003.ment practices were the hallmarks of an inaugural business immersionthe global market and allowed me to learn about Brazilian business culture.course that featured field experiences in São Paulo, South America’s busi-I am truly thankful for the privilege of being part of this experience.”“Niki came into this job with impressive credentials,” said Dr. Daniel Hollas, senior associateness capital, and Rio de Janeiro.dean for the college. “She brings a unique blendBrazilian Business Dynamics, an undergraduate marketing course, wasof knowledge, experience and creativity to hertaught this summer by Dr. Victoria Jones, associate professor of market-new role.”ing and director of the Business Studies for the Americas program. ThePrior to joining UTSA, Stutzman had served as business manager and director of undergraduate pro-intensive class included six business students. Dr. Mark Suazo, assistantprofessor of management, participated in the field experience.grams for the Bauer College of Business at theDuring the course, the students were trained in Brazilian businessUniversity of Houston. She has over 18 years ofpractices and introduced to top-level corporate executives, including theexperience in university management and holds avice president of marketing for Globo Television, the strategic planningbachelor’s in marketing and an MBA from the Bauerdirector of Whirlpool Brazil, the director of partner relations for EmbraerCollege of Business. aircraft manufacturing and the president of Embratel.market situation.”Prior to the immersion experience, students were presented with an introduction to the history, culture and socioeconomic conditions of the region.ate advising office and spearheads mentoring activ-and a bachelor’s in international studies from St.The students then participated in the immersion program in Brazil, whichities including the college’s award-winning BusinessEdward’s University.consisted of corporate visits, academic presentations by Brazilian scholarsfrom Arizona State University and a bachelor’sment resources and services for students. By com-enhance faculty research. markets and to learn how to adapt management activities to the Brazilianpersonnel administration from Columbia Universityprogramming with enhanced professional develop-grams develop the academic and professional skills of students andbecome familiar with the issues and complexities that affect internationalEdward’s University. He holds a master’s in studentUniversity in St. Louis, a master’s of public affairsfocus to the Latin American activities in the College of Business. BSA pro-relations at Brazil’s top business school. “My goal was for students tofor the college, oversees the college’s undergradu-will complement the college’s current academicThe Business Studies for the Americas (BSA) program gives strategicsaid Dr. Jones, who previously served as associate dean for internationalLisa Montoya directs undergraduate programsDr. Montoya holds a doctorate from WashingtonFeichtinger, Paul Rafael, Marvin Smith and Alberto Sotelo.business internationally by comparing U.S. practices with those of Brazil,”served as assistant director of student life at St.The Center for Student Professional DevelopmentOther student participants in the class were Geoff DeLaune, Mitchell“This course gives students an introduction to the challenges of doingAs assistant dean for undergraduate studies, Dr.Scholars Program.4“My goal was for studentsdirectly from the College of Business.a yearlong course of study and service learning toTeaching at UTSA since 1983, Dr. Gonzalez is anDR. LISA MONTOYAAssistant Deanfor UndergraduateStudiesBusiness as Usual in Braziland cultural activities. Upon returning to San Antonio, the studentsreceived additional coursework that culminated in a business adaptationgroup project and an individual reflective essay.5

ACADEMIC PROGRAMS“Nationally MBA programs average only a 4.5areas. The faculty includes individuals with exten-percent Hispanic student body, yet UTSA is leadingsive publication records in biostatistics, discretethe nation with more than 34 percent of our graduatedistributions, multivariate analysis, time seriesbody being Hispanic,” said Dr. Diane Walz, asso-analysis and survival analysis.ciate dean for graduate studies and research. “Thisis crucial as the demographic shift in the UnitedStates will soon reflect a larger Hispanic population.Our students are valuable assets to national companies looking to boost their minority representation inStatisticians are in very high demand in the growingbiomedical field to develop methods for evaluatingthe efficacy and safety of new medications,surgeries and other treatments and in the supportindebted to the superb group of faculty and staff in the College of Business. They have each made thisprogram successful.”graduate program was ranked No. 2 in the nation forhealth science centers, pharmaceutical and finan-the number of Hispanic undergraduates who com-cial industries, the National Institutes of Health,plete their degrees in business. This ranking is com-Centers for Disease Control, National Cancerpiled by the Hispanic Outlook in Higher Education.Research Institute and the Census Bureau. NEW DOCTORAL PROGRAMLAUNCHED IN APPLIEDSTATISTICSPh.D. in applied statistics with a concentration in biostatistics has been added. Both the college’s undergraduate and graduateconcentration in biostatistics. With 11 students infor students interested in managing businessesacademic programs received top marks in nationalthe first class, this program offers full- and part-timeassociated with real estate and the planning, financ-in the world in the field of finance according torankings this year. The MBA program was ranked asplans of study for interested candidates.ing, development and construction of buildingthe Business School Research Rankings compiledone of the top 10 business schools nationally for“The College of Business recognizes the need forby the University of Texas at Dallas Schoolminority MBA students. The ranking was compiledtrained professionals in the field of biostatisticsof Management.by the Princeton Review. The Princeton Reviewand bioinformatics in San Antonio and throughout“This degree capitalizes on the department’sannually conducts surveys with students attendingthe nation,” said Dr. Nandini Kannan, chair of theexisting expertise in real estate,” said Dr. Keiththe schools and receives institutional data fromDepartment of Management Science and Statistics.Fairchild, chair of the Department of Finance.universities to round out its rankings.“Partnering with San Antonio’s UT Health Science“It will increase our visibility in the real estate com-Center, this program will address an area of unmetmunity through an enhanced and broadened per-need throughout the region. Currently only threespective of the industry.”Dr. Ron Rut

UTSA COLLEGE OF BUSINESS ONE UTSA CIRCLE SAN ANTONIO, TEXAS 78249 . ity of donor Richard Liu,the college has established prominent MBA and Executive MBA exchange programs with China. At the MBA level, the p