Monday, September 17, 2018

Kelley School's Fry Scholars Program marks its 10th anniversary

2018 Fry Scholars

Marking a 10th anniversary, Indiana University's Kelley School of Business has announced its largest class of William R. Fry Scholars. Thirty-two incoming freshmen have been selected as Fry Scholars. 

Entering freshmen who applied to IU and were directly admitted to the Kelley School were eligible. Preference is given to students who are traditionally underrepresented in the field of business.

Students receive funding toward standard tuition and fees. They also receive support in the form of an advisor and a Kelley student mentor during their time at IU. They also have the option of residing in the Kelley Living Learning Center, a residential program that focuses on personal, academic and professional development. Each program has its unique events.

The Fry Scholars program is made possible through a $15 million gift in 2008 from the late William R. Fry, a Kelley alumnus. The gift and resulting program are helping the Kelley School pursue a major initiative toward more inclusiveness and increased enrollment of underrepresented minorities. 

When making the gift, Fry said that he especially liked the impact that his Kelley School gift would have on young minds.

This year's Fry Scholars, their high schools and their hometowns are:
  • Zachary Blanton, Olympian High School, Chula Vista, Calif.
  • Matt Burrell, Crown Point High School, Crown Point, Ind.
  • Maiya Cook, North Penn High School, Lansdale, Penn.
  • Lucas Cooley, Reitz Memorial High School, Evansville, Ind.
  • Jordan Davis, Centerville High School, Dayton, Ohio
  • Santiago Duque, Paul Laurence Dunbar High School, Lexington, Ky.
  • CJ Figueroa, Merrillville High School, Merrillville, Ind.
  • Prince Frederick, James B. Conant High School, Hoffman Estates, Ill.
  • Brandon Hamblin, North Stafford High School, Stafford, Va.
  • Montgomery Hollis, Kingsway Regional High School, Swedesboro, N.J.
  • Vince Ivetich, Munster High School, Munster, Ind.
  • Naomi Jackson, Park Tudor High School, Indianapolis
  • Tommy Keslin, Marian Catholic High School, Chicago Heights, Ill.
  • Kennedi Kirk, Fort Bend Christian Academy, Sugar Land, Texas
  • Josh Klocek, Lake Central High School, Saint John, Ind.
  • Sika Kodzi, Oviedo High School, Oviedo, Fla.
  • Jack Kreilein, Brownsburg High School, Brownsburg, Ind.
  • Ian Layton, Edina High School, Minneapolis
  • Lorraine Michira, Brownsburg High School, Brownsburg, Ind.
  • Vivienne Monger, Maumee Valley Country Day School, Toledo, Ohio
  • Jonathan Moran, Portage High School, Portage, Ind.
  • Kaitlyn Moreno, Lebanon High School, Lebanon, Ind.
  • Brooklyn Mosley, University High School, Normal, Ill.
  • Maisa Muhammad, Providence-St. Mei High School, Chicago
  • Oti Ogbeide, Carmel High School, Carmel, Ind.
  • Nia Rochon, Signature School, Evansville, Ind.
  • Sophia Rodriguez, Marist High School, Chicago, Ill.
  • Nicolas San Jose, Deerfield High School, Deerfield, Ill.
  • Chase Santamaria, Cathedral High School, Indianapolis
  • Veronia Sobhy, Adlai E. Stevenson High School, Lincolnshire, Ill.
  • Parker Stiles, Plano Senior High School, Plano, Texas
  • Michael Utley, Shortridge Magnet High School, Indianapolis

The scholarships are renewable as long as recipients meet the expectations of their scholarship program.

More information about the Fry Scholars program is available from Brittani Wilson, director of diversity initiatives; or Luke Leftwich, director of the undergraduate program, at 812-856-7852.

Thursday, September 13, 2018

IU Kelley School of Business announces Dean's Council Scholars

2018 Dean's Council Scholars

Indiana University's Kelley School of Business has announced its Dean's Council Scholars.

Chosen from among all entering freshmen who applied to IU and were directly admitted to the Kelley School, 16 incoming freshmen are Dean's Council Scholars. Preference is given to students who are traditionally underrepresented in the field of business.

Students receive funding toward standard tuition and fees. They also receive support in the form of an advisor and a Kelley student mentor during their time at IU. They also have the option of residing in the Kelley Living Learning Center, a residential program that focuses on personal, academic and professional development. Each program has its unique events.

The Dean's Council Scholarship was created in 2015 out of a shared aspiration of the Kelley School's dean and Dean's Council to pool their philanthropic resources to sustain and enhance the school's diversity efforts, which includes students from all different economic backgrounds as well as students from diverse cultural backgrounds.

The Kelley Dean's Council is composed of over 150 CEOs, vice presidents and business leaders who represent all ranges of industry. It advises on institutional goals, school strategies and curricula. The council is also actively involved with long-term goal planning for the school and offers input on research, fundraising and the creation of new programs.

This year's Dean's Council Scholars, their high schools and hometowns are:

·       Kevin Braxton, North Central High School, Indianapolis
·       Mason Bronson, Metea Valley High School, Aurora, Ill.
·       Cat Brown, Rock Canyon High School, Lone Tree, Colo.
·       Isabel Drumwright, West Windsor-Plainsboro High School North, Plainsboro, N.J.
·       Jonathan Durgana, Torrey Pines High School, San Diego
·       Micah Jackson, Brebeuf Jesuit Preparatory School, Indianapolis
·       Drew Jarvis, Fishers High School, Fishers, Ind.
·       Brandon Kerr, Coral Springs High School, Coral Springs, Fla.
·       Jason Mbwa-Mboma, Weston High School, Weston, Conn.
·       Miles Mcilwain, Brebeuf Jesuit Preparatory School, Indianapolis
·       Cydney Nave, Westfield High School, Westfield, Ind.
·       Varisht Nellicherry, Brookfield High School, Brookfield, Conn.
·       Mark Oussoren, Walt Whitman High School, Bethesda, Md.
·       RJ Simmons, Metea Valley High School, Aurora, Ill.
·       Nick Tabb, Alan C. Pope High School, Marietta, Ga.
·       Nick Tello, West Windsor-Plainsboro High School South, Princeton Junction, N.J.

The scholarships are renewable as long as recipients meet the expectations of their scholarship program.

More information about the Dean's Council Scholars program is available from Brittani Wilson, director of diversity initiatives; or Luke Leftwich, director of the undergraduate program, at 812-856-7852.

Friday, July 13, 2018

Lessons from the Field: My Top 5 from Internship Week 5

Tyler Yoder

Year 1 is in the books and your mind has finally decompressed during your brief summer break. You said your goodbyes to classmates-now some of your closest friends-and finally re-enter the world of the employed, at least for the summer. By this point, you're used to being flung into the unknown. How different could a new internship really be?

I walked through the doors for Day 1 at 3M and felt a healthy balance of confidence and anxiety. I had binders full of frameworks and several consulting projects under my belt. I had also fallen on my face several times-oh, that Effective Communication class-and knew that I still had a long way to go.

If the focus of MBA classes is equipping, the internship is the proving ground where the rubber meets the road. No more case studies. No more templates or projects nicely teed up. This is the real world with ambiguous projects and real opportunities to serve your clients and business partners.

One month into my internship, I decided to take a step back and ask myself, "If you could talk to your pre-internship self, what advice would you give?"

Here is my answer-my Top 5 by Internship Week 5.

1. It's OK to feel overwhelmed…it's a lot of "new". My first week was a whirlwind, my mind completely fried by the end of every day. I felt pressure to perform (for my own sake and for the reputation of Kelley and my 3M team), but to sustain that for a summer felt almost impossible. Then I remembered, "I've had a lot of 'new' in this week: new company, new city, new job function, new industry, new apartment, new traffic (yes, rush hour in the Twin Cities is worse than Bloomington). It's normal to feel overwhelmed." That was one of the most freeing reminders. Yes, the internship will fly by, but allow yourself time to acclimate to a new routine.

2. What question am I trying to answer? I ask myself this question multiple times every day. Whether you are scoping a project, immersing yourself in research, or building a presentation, always go back to the core of the project and what you are trying to accomplish. This will help you prioritize your work and eliminate unnecessary tasks.

3. Every day counts. A Kelley alum advised me to write down my weekly project and personal goals every Monday. There is an important balance here. They must move your project forward to the next milestone, but they must be feasible to complete by Friday. As a result, you will have to eliminate excess tasks and meetings to center on the core of your project and avoid wasting time. You will have days that wander off task; it's inevitable. However, by regularly refocusing on the core of the project ("What question am I trying to answer?") and having your weekly list of goals, you can quickly correct your trajectory rather than losing an entire week.

4. Remember, you're a human being…and they are, too. Take care of yourself. Go home at a reasonable time, clear your mind, do something fun and active, and get sleep. You NEED a break. If you don't, you will inevitably get sick, which you can't afford because "Every day counts." And remember, your coworkers are humans, too. Find out what your coworkers value and ask them about it. Whether it's their 15-month-old child, the World Cup, or the latest Star Wars movie, empathize with those around you and learn about what they value.

5. Don't forget where you came from. I sometimes try to bury Corporate Finance and Excel background in the past. But just today, that skill set was extremely relevant for one of my Marketing projects. Don't discount your background and everything you've learned up to this point, whether as a teacher or a sales rep, an opera singer or an analyst, a professional athlete or a CPA…you bring so much to the table, and that perspective is sometimes exactly what your employer needs.

It is only a matter of weeks before I return to Bloomington, but I know there are still countless lessons to learn and opportunities to apply my Top 5 list. I am excited to lean in and see what the last half of my internship has to offer.

Best of luck this summer, Class of 2019! Get out there and crush it! Let's show the world what we're made of!

Monday, July 9, 2018

Journal Impact Factor ratings indicate that Kelley School's Business Horizons journal is rising in prominence among scholars

Business Horizons, an academic journal published by Indiana University's Kelley School of Business, has seen a big gain in the Thomson Reuters Journal Impact Factor ratings, which measure how often academic journal articles are cited by scholars and researchers.

The Journal Impact Factor ratings are one the most widely used measures of a publication’s impact. They provide quantitative data that readers, editors and publishers can use to discern the effect that a journal has, compared to similar publications.

The new Impact Factor rating for Business Horizons was 2.588, up from 1.088 two years ago and 0.809 in 2011, when they were established. They are calculated by dividing the number of scholarly items counted in the denominator by all of the citations that a journal has accumulated in the numerator. 

Dan Li
“Over the past six years, the journal’s impact factors have experienced a remarkable growth trajectory,” said Dan Li, Business Horizon’s editor, the L. Leslie Waters Chair in International Business and a professor of international business at Kelley.

Tuesday, June 12, 2018

Eleven top students chosen as Kelley Scholars

Eleven incoming Indiana University freshmen from across the Hoosier state have been selected as Kelley Scholars at the Kelley School of Business.

The Kelley Scholars, who intend to major in business at IU Bloomington, will receive standard tuition and fees, a stipend for living expenses and funding for academic activities such as overseas study.

The Kelley Scholars Program is funded by a multi-million-dollar gift from E.W. "Ed" Kelley and his family, made to IU in the fall of 1997. The university named its school of business for the Kelley family in acknowledgement of the gift.

This year's class of Kelley Scholars was selected from a group of top students admitted to IU, who were invited to apply for the program because of their outstanding academic records. The application included references, a high school transcript, several personal statements on a variety of topics and an essay.

Tuesday, June 5, 2018

Kelley student receives prestigious grant for research project that may help improve outcomes for cancer patients

Aparna Soni
Aparna Soni, a doctoral candidate in business economics and public policy in the Indiana University Kelley School of Business, is one of nearly 20 scholars whose work is being supported by the Horowitz Foundation for Social Policy.

The Horowitz Foundation has awarded Soni a $7,500 grant in support of her research project, “Reducing Health Disparities among People Diagnosed with Cancer: The Role of Public Health Insurance Expansions.”

This is the 20th year that the Horowitz Foundation has provided graduate education funding in the social sciences. Its highly competitive grants are among the largest available to social science students. 

Other grant recipients this year also are studying timely issues, such as racial disparity in police action shootings, alleviating homelessness and immigration enforcement.

Through her research, Soni explores how policies and incentives can improve health outcomes and reduce risky behaviors in the population. This grant will support her research project assessing the impacts of public health insurance expansions on health outcomes for people with cancer.

Last year, she was the corresponding author of a researchletter in JAMA Oncology which reported that the number of newly diagnosed cancer patients who were uninsured fell by one-third in the first year of implementation of the Affordable Care Act.

Soni also coauthored a paper published in the AmericanJournal of Public Health, suggesting that public health can lead to fewer cancer deaths and better outcomes for patients.

“Cancer is a leading cause of death among non-elderly Americans, and there exist large racial, geographic, and income-based disparities in cancer detection and mortality,” she said. “I hope that this research will help inform policymakers the extent to which health insurance expansions can reduce such disparities and improve outcomes for people with cancer. I am grateful to the Horowitz Foundation for their recognition and generous support of this work.”

“Aparna has been an inspiration at Kelley and beyond, through her productivity and dedication to her work on healthcare markets and policy,” said Jeff Prince, professor and chairperson of business economics and public policy. “It is wonderful to have the Horowitz Foundation acknowledge and reward the promise of her research with their generous support.”

Soni also has a Master of Arts degree in economics and a Bachelor of Arts in economics and journalism from Boston University.

Tuesday, March 27, 2018

Kelley professor's new book 'actively' advocates the role of economics within today's analytics boom

Over the last 15 to 20 years, companies have bought into the notion that they could use computing power, data and analytics to discern more about their customers, operational efficiencies and the markets. But, as they say, numbers don’t always tell the story.

Jeffrey T. Prince, professor and chairperson of business economics and public policy at Indiana University’s Kelley School of Business, says reasoning and logic are often left out of the equation.

“And that really should be the foundation for all of this,” said Prince, author of the new book, “Predictive Analytics for Business Strategy: Reason From Data to Actionable Knowledge,” published by McGraw-Hill.

He noted that predictive analytics frequently is used to track consumer patterns and then evaluate data to determine future consumer behavior. “That’s the creepy part of analytics, where we can see what you’re up to and make accurate predictions about what’s going on or what you’ll do,” he said.

It’s what Prince calls "passive prediction.”

Monday, March 12, 2018

New $14 million Conrad Prebys Career Center actively being used by students, including Kelley Direct Online MBAs

Robert "Dain" Anderson meets with his career coach at the Prebys Center.

The Conrad Prebys Career Services Center won’t be formally dedicated until March 23, but it’s been an active place for all students in the IU Kelley School of Business and corporate guests since the beginning of the spring semester.

This includes the 102 second-year KelleyDirect Online MBA students on campus March 3-9 for Kelley Connect Week, who met there with their Graduate Career Services coaches and took advantage of other resources offered at the school’s new $14 million Prebys Center.

The sessions were part of Kelley Direct’s comprehensive professional development program, which helps distinguish it from other online MBA programs. Having the new Prebys Center adds to the students’ experience, said Stephanie Gray, associate director of career services and professional development and one of the career coaches at Kelley.

“We have a wonderful facility,” Gray said. “I think the main differentiator between us and other online degree programs is that we are not taking the online student population and putting them aside. They are in the same building. They go to the same front desk. They go to the same coaches that our in-residence students go to.”

Spencer Hickman, of Chicago and a senior associate brand manager for a beverage company, agrees. “Having this as a resource as part of the online MBA has the opportunity to be extremely helpful,” he said. “Anything that can be done to integrate the online program with the residential program has the potential to increase the impact for Kelley Direct students.”

Monday, March 5, 2018

Kelley Direct Online MBA ranked second in the U.S. and fourth worldwide by the Financial Times

Kelley Connect Week is an important feature of Kelley Direct
The Financial Times, the world's leading global business publication, today provided further proof of why more professionals are seeing value in the Kelley Direct Online MBA, ranking the program fourth worldwide and second among U.S. institutions.

The program, one of several top-rated offerings of the Indiana University Kelley School of Business, moved up three positions in the Financial Times’ overall rankings – from seventh a year ago.

In addition to academic quality – the Financial Times ranked the Kelley school No. 1 in terms of research – students are attracted to the program’s relevance, flexibility and personal approach, said Ramesh Venkataraman, chair of Kelley Direct MBA and MS programs and the John R. Gibbs Professor of information systems.

“These rankings are just one indication of Kelley Direct's commitment to deliver high-quality courses and content while providing value to students in many ways," said Venkataraman, who also serves as the Kelley School’s associate dean of information and instructional technologies. “While most coursework is done online, we provide our students with many opportunities for collaboration that offers them with a practical worldview and with global connections that are essential in business today.

Tuesday, February 20, 2018

New MS in Finance degree meets the needs of professionals with liberal arts, science, engineering and informatics backgrounds

A new master’s degree from IU’s Kelley School of Business is designed to meet the needs of many young professionals with backgrounds in the liberal arts, engineering, informatics, the sciences and other careers featuring technical analysis and critical thinking skills.

Kelley’s new Master of Science in Finance degree builds on a strong foundation laid by their undergraduate studies in these and other disciplines and provides a unique focus that will be applicable to their chosen profession.

“Top employers recognize that students who have learned to think critically to address problems in mathematics, economics and the sciences can also think critically about business strategy, once they’ve gain the skills imparted through our specialized program,” said Bipin Prabhakar, program chair for the +Kelley program, which creates pathways into the full-time Master of Science in Finance and the Master of Science in Information Systems degree programs.

“These students need proper preparation, however, to translate a technical and liberal arts education into a knowledge base and skill set that can be applied immediately in business contexts,” added Prabhakar, also a clinical professor of operations and decision technologies. “This is especially true in finance, where the Master of Science in Finance degree provides the kind of advanced financial analysis in great demand across business enterprises, not just in financial institutions.”