Read cba annual review 2001 text version



College of Business Administration Roskens Hall CBA 414 6001 Dodge St. Omaha, NE 68182-0048


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to succeed.





2000 Year-In-Review

2000 Year-In-Review



to succeed.

4-5 3 ALUMNI Omaha Postmaster and recent graduate EvaJon Sperling gives a stamp of approval to the Executive MBA program. 8-9 14-15 STUDENT INTERNSHIPS Senior Ike Chima gets a taste of real-life experience as an intern at ConAgra Foods.

FROM THE DEAN It's a powerful time to be part of the college -- whether you're a student, a graduate or a business partner.

10-11 OUTREACH INTERNATIONAL CONNECTIONS CBA takes its programs around the world and also hosts guests from China and the Ukraine. The NU Foundation plays a key role in putting donors' gifts to work for the college.

21 NBDC 6-7 BUSINESS PARTNERS 17 Alegent Health physicians learn the basics of business from CBA's executive education program. Businesses across the state are finding the power of the Web through re-Biz and the Nebraska Business Development Center.

The CBA Year-in-Review is produced by the University of Nebraska at Omaha College of Business Administration.


College of Business Administration Roskens Hall · CBA 414 6001 Dodge St. Omaha, NE 68182-0048 Stanley J. Hille, Ph.D. ASSOCIATE DEAN Louis Pol, Ph.D. ASSISTANT DEAN Nancy Nogg Rauhauser




ontribute to the success of future CBA graduates with a scholarship gift. If you would like to establish a scholarship or contribute to an existing fund, please contact the CBA

Dean's office at (402) 554-2303. We're proud to announce the recipients of scholarships awarded by CBA:


Clint Rushing was 12 years old when his grandfather, a retired Omaha banker, bought him his first shares in PepsiCo. Nearly a decade later, Rushing is looking forward to starting a career in investment banking. Though his career path may have been determined in part by his genes, his success during college is the product of Rushing's own dedication and hard work. During the past four years, he has served as president of the Financial Management Association, vice president of Delta Sigma Pi, a business fraternity, and was chosen to be one of 13 UNOmaha ambassadors to represent the university in 2000-2001. He's quick to credit the people who've been there to support him for four years. "The biggest thing is the quality of the faculty here. The teachers have worked in the field of what they're teaching now. That really helps you as a student to link the classroom to reallife material. They know what they're talking about -- they've been out there, they've seen it and they know how to apply it." Finance is an exciting field, Rushing says, and he looks forward to jumping into the investment arena. Someday he may even elect to enter politics, with aspirations of becoming a senator. With his education background and career experience, he says, he will have "a good foundation for running fiscal policy." His career choice will likely take him to a major U.S. city, but Rushing says he plans to stay connected to CBA. "I want to keep ties with the people here. I'll help the college in any way I can."


First National Bank Human Resources Scholarship Korrine Boltin Michael Skogland Gabriela Wulff Laura Gogan Memorial Scholarship Keisha Holloway J.M. Harding/OPPD Award of Excellence Scholarship Iva Kiriakova R. Craig Hoenshell Leadership Award Nicholas Miner R. Craig Hoenshell Scholarship Award Jeffrey Bart Ikechi Chima Clint Rushing Darnetta Sanders R. Craig Hoenshell Talent Award Ginger Gruber Sam and Dorie Leftwich Talent Scholarship William Goodman IV Suzanne Sobota Frank L. Mansell Scholarship Bruce Moritz Merrill Lynch Scholarship Michael Barnes Leilani Castillo Donald Harvey Coreen Jarecki Northern Natural Gas/N.P.N.G. Scholarship Ikechi Chima Curtis Johnson Northwestern Mutual Life Scholarship Jessica Melby Gary Penisten Talent Scholarship Julie Gohr Pfizer Scholarship Curtis Johnson David Raymond Talent Scholarship Bruce Moritz Donald and Mary Rueschhoff Scholarship Crystal Bliemeister Andrea Wilson Natan and Hannah Schwalb Scholarship Bruce Moritz Cari Reiff


ADMIS Scholarship Curtis Johnson First-Year Accounting Scholarship Michele Muhlbauer Melissa Spencer Wayne Higley/Delta Sigma Pi Scholarship Timothy Clark Tina Reimnitz Ernest H. Kenyon Scholarship in Accounting Joseph Rewolinski Nebraska Society of CPAs Scholarship Kerry Baumgart Timothy Clark Dallas Dlouhy Tina Reimnitz Joseph Rewolinski John Shimkus Richard E. Prince Memorial Scholarship Curtis Johnson Christopher Stiffler Beverly Ward Spencer Scholarship Beth Martin Ora C. and Fred B. Vomacka Memorial Scholarship Neil Archibald Shari Barnes Mike Bell Timothy Clark Dallas Dlouhy Oscar Garcia Micki Gorup Tina Reimnitz Joseph Rewolinski John Shimkus Steve Shepherd Dawn Stewart Christopher Stiffler Carrie Syslo Andrea Wilson Gabriela Wulff Liu Zhongqing


Barbara O. Miller Memorial Scholarship -- Junior Jeremy Passer Upland Industries Scholarship Jeffrey Haase


CCIM Scholarship Brian Arnold Dan Cary Youth Fund Scholarship in Real Estate Joy Lohmann C. Glenn Lewis Scholarship Adam Marek Omaha Area Board of Realtors® Scholarship Betty Jacobson Past President's Foundation/Nebraska Realtors® Association Scholarship Justin Brown Brian Feyerherm Lisa Halamicek Betty Jacobson Joy Lohmann Nick Miner


Robert Benecke Outstanding Business Finance Student Scholarship Lila Gilliam Patrick Michael Cash Management Association of the Midlands Scholarship Justin Brauer Finance, Banking and Insurance Excellence in Education Scholarship Michael Asmus Keisha Aufenkamp Clint Rushing Amy Socha


Lucille Gannon Scholarship Darnetta Sanders


American National Bank of Sarpy County Scholarship Stephanie Berkebile Shawn Torre CBA Honors Scholarship Natalie Bolin Caryn Conway Daniel Goebel Emily Johnson Jeffrey Leach Christopher McBratney CBA Student and Faculty Excellence/Mammel Scholarship Alec Alba Daniel Birkel Aaron Cobb Jessica Meyers CBA Mammel Scholarship renewals Laci Ainsworth Neil Archibald Lisa Birge Jennifer Lowther Kirsten Olson Shayla Schroeder Karla Woods Charles and Gloria Billingsley Scholarship Joseph Watson Ron and Shirley Burns Leadership Scholarship William Goodman Dean's Scholarship David Brisson Micki Gorup Angel Randone Delaine and Dorothy Donohue Scholarship Jonas Luedtke

Dean John Lucas Marketing Scholarship John Happel Jessica Mangen Jessica Melby Angel Randone


Securities America MBA Scholarship Ruth Cuero Tyler Hughes Union Pacific MBA Scholarship Kristina Eggers Natalie Manzitto Deborah Niemann


James C. Horejs Scholarship Nick Caniglia Bun Song Lee Scholarship Yelena Davtzan Barbara O. Miller Memorial Scholarship -- Graduate Student Gwanendra Khadayat Barbara O. Miller Memorial Scholarship -- Senior Ginger Gruber

Hollis and Helen Baright Foundation Scholarship Mckayen "Mac" LaRock M.C. Biggerstaff Memorial Scholarship Nicholas Miner James D. Burchell Real Estate Scholarship Justin Brown

College of Business Administration


Scholarship Students Off to a

Natalie Manzitto recognizes the power of a CBA education -- so much so that she's close to completing her second degree, an MBA, in May.


Clint Rushing received a 2000-2001 Finance, Banking and Insurance Excellence in Education scholarship and an R.Craig Hoenshell Scholarship Award.


Manzitto earned her bachelor's degree in management information systems in 1996. Since then, she's applied her education to her work at Ford Motor Credit Company in Omaha. She is an information technology team leader at the company, which serves as the national customer service center for Ford. Manzitto's job responsibilities include working with telephony, voice and data networks from the desktop to the server level. In 1998, she went back to school to earn her MBA, while still working full time. "I enjoy learning and I thought the MBA would make me more well-rounded, in addition to my bachelor's degree. I want not only to be looked at as a technical person, but as a business person, too." When Manzitto decided to pursue her MBA, she did look into other universities' programs. But she says she came back to the College of Business for its integrity and because "businesses regard UNOmaha's business program as one of the best, if not the best, in the area. CBA does a really good job of helping students apply their learning to practical situations." Natalie Manzitto received a 2000-2001 Union Pacific Master's of Business Administration scholarship.

Down the road, Manzitto hopes to team her technical background with her advanced business management education. "I enjoy working on consulting projects or being some type of project manager that integrates IT into the job. In today's business world, you really can't go very far without understanding IT and business."


for higher education. The events in the year 2000 certainly back that up. Last year, our MBA program enrollment grew nearly 20%, a credit to a revamped curriculum and, again, stellar faculty. And perhaps most importantly, we're attracting high-quality students from around the world, who are eager to learn and to apply their knowledge to their careers. The same holds true for UNOmaha's Executive MBA. Leaders from Omaha's most respected organizations are making the com-


mitment to spend 24 months with us, in order to get a strategic view of their industry and ensure their success for the long term. Our classes are filling to capacity, and the caliber of our students remains unparalleled. I invite you to read more about how we're helping people take charge of their future through an education at the


College of Business students have a quality you won't find just anywhere. It's the desire to take charge of the future and make great things possible for themselves starting right now. I like to say they're "pleasantly aggressive." Regards, To create this empowerment, CBA students are uniquely prepared to combine textbook learning with real-life applications. They gain a perspective that lets them excel in the business world today. Our faculty -- some of the best in the region -- make it a priority to effectively blend the theoretical and practical in every aspect of their teaching. From our undergraduate courses, to our MBA and executive MBA curriculum, to our executive education programs, a CBA education means a real-life education. To reinforce that, our faculty keep a pulse on what's happening in the business community. They participate in internships, study local industry and create relationships with area business leaders, so that they truly understand what issues are important in business today.

College of Business. In the pages that follow, you'll find stories about our alumni, our faculty and our students and how they're taking steps to make the most of their futures.

Stanley J. Hille, Ph.D.

The UNO College of Business Administration is accredited by the AACSB -- The International Association for Management Education. The college earned its reaffirmation of accreditation in Fall 2000 (story, page 18).

College of Business Administration




Their efforts are a prime reason why the college stands out among its peers as a benchmark

Where are they

Former assistant dean


Bill Swanson returns to campus on Wednesday evenings to teach Business-to-Business Marketing.


Bill Swanson · CBA, management, 1978 · EMBA 1991 THEN:CBA Assistant Dean 1996-1999 NOW: Director of Employment, Training and Development, First National Bank of Omaha Adjunct professor, CBA Member, CBA National Advisory Board Though he doesn't occupy the middle office in the Dean's faculty department anymore, Bill Swanson is still closely involved -- and interested -- in what's happening in the college. As an executive with First National Bank, Swanson says he finds that the relationships he forged during his tenure as CBA assistant dean help him stay in tune with the Omaha business community and also better appreciate and support education in his organization. "I really support the idea of executive education programs, like the ones that CBA offers. It's a grossly underutilized concept in our community," he emphasizes. "I'd like to see the people in Omaha take advantage of the programs and business partnerships that UNOmaha offers." First National Bank is one of several area organizations that have participated in the CBA executive education program. His department -- employment, training and development -- is part of a larger division that provides human resources, procurement and related administrative services to the entire corporation. Swanson's responsibilities include overseeing First National's management trainee program, which recruits and grooms some of the company's best and brightest employees for higher positions in the organization. When he's not on the job at First National Bank, you'll often find him on campus. Swanson teaches Business-to-Business Marketing at CBA, a course he's been teaching since 1992. He also devotes time to the UNOmaha Corporate Mav Council, which supports the university's athletic department. In that post, she's responsible for all delivery and retail personnel in the Omaha branches -- which translates to approximately 1,100 employees. She oversees the delivery of mail to about 230,000 addresses. And she handles an operational budget in excess of $55 million. On April 15, 1995 -- a notoriously busy day at post offices across the country -- Sperling joined the Omaha post office of the USPS as the acting Postmaster. Three months later she was named Postmaster. EvaJon Sperling's done a little bit of everything in her long career. She's sold encyclopedias door to door, served a stint in the U.S. Marine Corps, even managed an office for the Michigan secretary of state. The biggest portion of her career, nearly 30 years, has been spent with the United States Postal Service.



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You might think Sperling is content to rest on her laurels. Not so. Last August, the Michigan native completed two consecutive years of intensive study to earn an executive MBA degree from UNOmaha. Like hundreds of other executives who have completed the program, Sperling committed to attending classes on Friday nights and Saturdays and spending much of her spare time studying course material. A DIFFERENT POINT OF VIEW It was a commitment she says she felt she needed to make, in order to round out her professional career and strengthen her ability to


[email protected]

NBDC Event RE-ENERGIZES Local Businesses

"We've become deeply involved in helping Nebraska If you could start your business over again, how would you re-engineer it for today's new economy? That's the question that NBDC asked -- and helped answer -- at its first annual re-Biz event, held in November. Say "electronic business" and our thoughts jump to dot-coms and e-tailing. And that's just a sample. The re-Biz conference preBut in actuality, e-business represents the many uses of the World Wide Web to help companies become more efficient and provide more reliable information to their customers, whether those customers are consumers or business-to-business clients. It's a popular -- yet formidable -- concept for many Nebraska businesses. To help area organizations realize the importance of implementing e-business in their own companies and understand what's involved in that decision, the Nebraska Business Development Center (NBDC) presented a special conference on November 6. Re-Biz, short for "re-engineering for electronic business," was the result of a growing demand by businesses in the state to respond to emerging opportunities, says Robert Bernier, Ph.D., director of the center, which is a department of the College of Business. Internet business owner Ravi Kalakota, co-author of e-Business: Roadmap for Success, was the keynote speaker. Jack R. McDonnell, president of Omaha-based Ameritrade, spoke at the event's luncheon. Proceeds from the conference will benefit NBDC graduate students studying information technology. Judging by the influx of interest in NBDC technology training after the event, Bernier can call the conference a success. In addition to planning to present the second annual re-Biz event in 2001, "we're hoping to be able to deliver the re-Biz material to more businesses throughout Nebraska," he says. "We think it's so important to the future of Nebraska that every company can get this kind of training, or else there's no way they're going to compete without it." Re-Biz was co-hosted by Midwest Information Systems Professionals and Norstan Consulting.

College of Business Administration

businesses enter the e-business arena," he says. "Increasingly, many of the businesses we deal with are required touse the Web to receive proposal requests, bid on projects, make reports and receive payments," Bernier adds. NBDC clients are also utilizing e-business to control their supply chain, to publish up-to-date price lists and control inventory prices.

attendees to help IT professionals, business owners and executives sort through the many decisions involved in using e-business in their own companies. Speakers included representatives from well-known Web retailers, local legal firms, software companies, as well as NBDC's own technology training program. Attendees chose sessions from among four tracksmanagerial, legal, real-world practices and technology. Topics included becoming Net ready, privacy in cyberspace, database integration, building an e-business architecture, as well as presentations from area e-tailers, including Omaha Steaks.



sented 16 breakout sessions to the more than 300



three-volume set in Economics of Defence in England.

research findings, "Why Are Stock Prices So High? Dividend Growth of Discount Factors?" He presented at Ohio State University, Kansas State University and University of New Orleans.

Wikil Kwak, Ph.D., presented his paper, "A Fuzzy Set Approach in Audit Staff Planning Problems," at the Mathematics and Computers in Business and Economics Meeting in Jamaica. He also presented "A Fuzzy Set Approach in International Transfer Pricing Problems" at the Eighth Pacific Basic Finance, Economics and Accounting Conference in Bangkok, Thailand. Vivek Mande, Ph.D. and Richard Ortman, Ph.D., are co-authors of "The Usefulness of Segment Reporting: Views of Financial Analysis," a paper published in International Journal of Accounting. They also have been invited to present their research at the University of Illinois, where worldrenowned cultural anthropologist Harry Triandis will also discuss the paper. In October 2000, Mande gave a presentation on international accounting issues to the annual meeting of the Nebraska Society of CPAs. An article by Donald Nielsen, Ph.D., and Roger Sindt, Ph.D., "World Wide Web Data Sources for the Appraiser," appeared in


Arthur Diamond, Ph.D., authored "The Complementarity of Scientometrics and Economics," a book chapter for The Web of Knowledge, published by American Society for Information Science. His article, "Scientists' Salaries and the Implicit Contracts Theory of the Labor Market," will appear in International Journal of Technology Management. In 2000, Shuanglin Lin, Ph.D., was published in several publications. His contributions include "Resource Allocation and Economic Growth in China (Economic Inquiry), "The Decline of China's Budgetary Revenue: Reasons and Consequences" (Contemporary Economic Policy) and "Government Dept and Economic Growth in an Overlapping Generations Model" (Southern Economic Journal).


A paper by Weiyu "Wendy" Guo, Ph.D.,"Maximum Entrop: A Convex-Spline Smoothing Method," has been accepted for publication in Journal of Futures Markets. Michael J. O'Hara, J.D., Ph.D., served as chair of the MBA Thesis Committee for a student's thesis, "The Technology Transfer Valuation of Intellectual Property: Valuing Patent-Granted Medical Devices Transferred Out of Universities," presented in December. He also co-authored "A Quandary for Information Technology: Who Controls the Content of Distance Education?," published in Journal of Information Systems Education.


Valuation Insights and Perspectives. They also authored "Economic Development Bob Mathis, Ph.D. (management) was quoted in a May article in U.S. News & World Report regarding Internet retailing's effect on call-center marketing. An article by Rebecca Morris, Ph.D., (marketing) and co-author Charles Martin was the topic of a front-page article in the August 17 Department chair Kim Sosin, Ph.D., was named the associate editor of a new section in Journal of Economic Education, which has launched a unique concept using a combination of the printed journal and the Web for publishing. She also co-authored "Online Teaching Resources: A New Journal Section," which was published the journal. Janet West is currently serving as first vice president of the national American Association of University Professors. In the past year, she also presented to the Greater Resources for Omaha Women organization: `Women in the Labor Force in 2000: What Changes Have Occurred." Throughout 2000, Mark Wohar, Ph.D., was invited to other universities to present his In March, Robert Ottemann, Ph.D., (management) presented "Legal Challenge to Assessment Centers" at the International Association for Chiefs of Police Annual Conference. He also directed study for the Nebraska State Patrol on the validation of written testing for entry-level trooper selection. "A Model of the Factors Affecting Growth of the Internet as a Retail Medium," co-authored by Birud Sindhav (marketing) was published in a special issue on cross-disciplinary research in Journal of Market-Focused Management. issue of the Wall Street Journal. "Beanie Babies: A Case Study in the Engineering of a High-Involvement, Relationship-Prone Brand," was published in Journal of Product & Brand Management. Incentives for Nebraska: The HubZone Empowerment Contracting Program" (Papers of the Nebraska Economics and Business Association) and "HubZones: Economic Incentives for Mid-Sized Businesses" (American Business Perspectives).

Donald Baum, Ph.D., was a guest at the joint meeting of the Association of Government Accountants and the Greater Omaha chapter of the American Society of Military Comptrollers, speaking on the topic "Exceeding the Economic Speed Limit." He also participated in an economics panel discussion at the Midwest conference of the National Coalition Against Gambling Expansion. Four articles by Catherine Co, Ph.D., among them "Trade, Foreign Direct Investments and Industry Performance" and "Returns to Returning" appeared in international economics and industrial organization journals in 2000. Co also was a co-presenter at the International Economics and Finance Society Session of the 2000 Southern Economic Association meeting in Washington, D.C. An article co-authored by Bill Corcoran, Ph.D. -- "Short-run Employment Functions and Defence Contracts in the UK Aircraft Industry" -- originally published in Applied Economics, is being reprinted as part of a


EMBAPROGRAM Gives Omaha Postmaster


lead her organization. "I've been with the Post Office since 1972. You get to a point where you think only in terms of how things will affect that world," she says. "I needed to change that. I wanted to be able to look at the world from a different point of view. Going back to school and having an opportunity to experience the interchanges in a classroom gave me some wonderful opportunities to see things differently." Although she's "probably had more life experiences" than most people in the class -- if you measure her life in years, she says -- Sperling says she gained a lot from the diversity of her EMBA classmates' career experience and faculty's backgrounds. "Listening to a professor from India, then one from China, talk about situations from very different viewpoints was absolutely a wonderful experience. It gave me a broadened perspective that I was missing in my life." MAKING A DIFFERENCE During the program, all Executive MBA students participate in a business consulting project, which takes students overseas for approximately two weeks. The project can include work with local organizations, as well as international enterprises. Sperling and her four study group partners "decided we wanted to do something with the potential of making a difference in our community," she says. Their research began with a curiosity about

Omaha and its potential for technological innovation. Next, the group traveled to Cleveland to attend a conference sponsored by the National Business Incubators Association. That trip connected the group with business contacts from England, who paved the way for Sperling and her colleagues to visit Oxford University, The London Business School, Aston Business Park and members of the British government. THE INCUBATOR PROJECT Back at home, they landed on the idea of creating a business plan for a for-profit business incubator, focusing on -- but not limited to -- technology. "With the changes created by computer advancements, Omaha needs to regain the entrepreneurial spirit it once had" and challenge other U.S. cities for top billing, Sperling says. Together, the group presented its plan to a variety of community groups, calling on them to create incubators and "hubs of excelacross the state and throughout the region. The project isn't a reality -- yet -- and new opportunities have taken three of the five group members to other places. But Sperling says she hopes the project may act as a catalyst for Omaha to someday create incubators that will open up broader possibilities for the city and encourage younger citizens to stay. lence" specializing in a variety of industries in the Omaha area,

EvaJon Sperling at the USPS Postal Emporium retail store, located in the former Northrup-Jones building at 16th and Farnam in Omaha.

College of Business Administration




Charles J. Marr and Donald E. Manning, M.D., helped bring the CBA Executive Education program to Alegent Health. In 2000, the first group of the organization's physicians completed the Fundamentals of Business Management course.

Being a physician today requires much more than the ability to treat patients. It takes the knowledge to navigate and negotiate through a sea of paperwork, health plans, supply costs and purchasing decisions. And that's something physicians never learned in med school. That's the reason behind a new partnership between CBA and Alegent Health in Omaha. In Spring 2000, 17 physicians affiliated with the health care organization participated in one of the college's executive education programs, Fundamentals of Business Management. The executive education series is designed to provide a tailored curriculum that focuses on various facets of business management, including economics, accounting, marketing, finance and information technology. Since it was introduced to the Omaha business community in 1997, the program has been customized for banking, public utility and other health care organizations. Becoming more familiar, and more comfortable, with business principles is becoming increasingly important for physicians as they strive to advance their careers and benefit their organizations, says Charles J. Marr, chief executive officer of Alegent Health. "Doctors today need to have a better grasp of business in order to be effective in their jobs, whether it's in their private practices, in their duties as medical staff members at our hospitals, or working with health plans and other health care vendors."



Get Down to Business -- and PUMP

UP Their Careers

The program, like each session the college presents, was customized to address the topics of greatest interest to Alegent physicians. "What makes this program really special is that the professors have taken time to relate the topics to health care. It isn't exclusively academic -- the faculty use examples to help physicians better understand the business principles that are being presented," Marr says. Classes were held on Friday evenings and Saturday mornings for eight weeks -- not a small commitment for already busy professionals. But the response and enthusiasm from the physicians who completed the program show that the time sacrifice was well worth it, says Dr. Donald E. Manning, chief medical officer of the organization. "Our physicians' assessment of the quality of instruction and its usefulness was extremely high, which has led to us offering the program

again this year," Dr. Manning says. The 2001 session will also include a group of physicians who are in the early stages of their careers and who represent the next generation of medical leaders. Buzz about the program has spilled over to doctors' lounges and offices, adds Marr. "I think there's been a lot of spirited discussions that have carried over from the classroom. One of the important things this program offers is the camaraderie and group effort of people analyzing the issues and talking them over with each other." The program has been a valuable way to underscore the importance of teamwork, both in a private practice and on a corporate level, Dr. Manning says. "Physicians are team players -- and the course reinforces that. The people who have participated in the program can much better understand that need."


Dean's Citations




We're pleased to introduce our newest members of the CBA faculty. Collectively, they bring both interesting and valuable experiences to their new posts.


Congratulations to our 2000 Dean's Citation award honorees. The awards recognize faculty and staff members who have demonstrated exceptional performance during the academic year. Kudos go to:


position. Her teaching areas include managing the college's internship program, as well as advertising, consumer behavior and electronic commerce. Holland has published papers on ethnic differences in reactions to marketing effects and the impact of cultural symbols on advertising effectiveness. Her professional experience also includes being a product manager at US West Communications (now Qwest).

Judith Watanabe, Ph.D., Accounting


Assistant Professor, Economics Co has been a budget analyst in the Department of Budget and Management of the Philippines and, most recently, was a member of the faculty at the University of Central Florida. Her areas of teaching and research include international economics, econometrics and macroeconomics. She has published several papers on foreign direct investment and international trade.

Phani Tej Adidam, Ph.D., Marketing


Art Diamond, Ph.D., Economics



It's with more than a little sadness and regret that we say goodbye to two outstanding professors. We wish them well in their new lives and thank them for all they've given the college.


Mary Landholt and Lex Kaczmarek Associate Dean Louis Pol, Ph.D., is the co-author (with Richard K. Thomas) of The

Associate Dean Louis Pol

Demography of Health and Health Care (Second Edition), published in 2000. The book, one in a series of publications studying demographic methods and population analysis, discusses the effects of evolving consumer groups, such as single-personal households and the elderly, and their effect on the future of health care. The book also features real-life case studies that illustrate the changes our society is experiencing. Assistant Dean Nancy Nogg Rauhauser has been appointed to the UNOmaha Chancellor's Commission on the Status of Women. The commission, formed in 1972, serves as an advisory council to the Chancellor and other university administrators on issues that relate to women faculty, staff and students at UNOmaha. Nogg Rauhauser will serve a two-year term. Robert Bernier, Ph.D., director of the Nebraska Business Development Center (a department of the College of Business), has been


Assistant Professor, Accounting Lee recently completed his Ph.D. in accounting at the University of Oregon. Prior to that, he was employed as an economic research and financial analyst at a Korean investment and securities firm. Lee's interests include managerial accounting, cost accounting and accounting information systems. His research focuses on empirical auditing, managerial decision making and accounting information systems. Connell, who retired in August after an outstanding teaching career, came to the University of Omaha in 1965 and has taught more economics students than any professor at UNOmaha -- most years teaching more than 500 students. He was devoted to teaching active and current economics and often took current events to class to illustrate the lesson of the day. Connell has been awarded Outstanding Teacher honors from both CBA and from the College of Continuing Studies. Assistant Professor, Marketing Sindhav is completing his Ph.D. in marketing at the University of Oklahoma. His areas of teaching include electronic business, international marketing and marketing channels. Sindhav's research focuses on the Internet as a retail medium, the management of marketing channels and the consumer acculturation of immigrants. He also has been employed as a senior marketing executive in India's largest food enterprise and as an assistant manager for a major gas company in India. After more than 25 years with the college, Buehlmann will retire in May 2001. He served as the chair of the accounting department from 1977 to 1986 and also served as the admissions director for the master's in professional accounting program for 13 years. Buehlmann commitment to his students was evident in the classroom work, and his commitment to the accounting discipline was shown in his many


Professor Emeriti, Economics

Assistant Dean Rauhauser

Professor, Accounting

Robert Bernier, Ph.D.

named assistant dean of the college. "I'm very excited to have this opportunity," Bernier says. "This tie really enables us to further integrate NBDC into the college and into the university." Bernier also received his Ph.D. in December 2000. Assistant Professor, Marketing Holland is a familiar face at CBA -- she was an instructor for five years in the marketing department before being named to her current

research projects. During his long career, he was published in various professional journals, including Management Accounting, Journal of Accounting Education and Issues in Accounting Education.

College of Business Administration


Earns CBA of Reaffirmation


It's official -- CBA has received reaffirmation of its accreditation as one of the world's premier business programs. The designation comes from AACSB, the international agency that accredits colleges of business administration and accounting.

Larry Trussell. Ph.D.

Real Estate Program on Its REPUT TION A

Building a structure that's going to last requires a solid foundation. And that's why a group of Omaha business professionals are teaming with CBA faculty to build a heightened awareness of the college's real estate and land use economics program. "We think it's a valuable part of the university and that's why we're stepping up to the plate to see what we can do," says John Bredemeyer, president of Realcorp, an Omaha real estate appraisal firm. During the past year, real estate professionals -- representing residential and commercial brokerage, management, finance and appraisal companies -- have come together to let prospective students and area businesses know just how strong the program really is. "The CBA program is well-prepared to train the future leaders of the real estate community," Bredemeyer says. "When you graduate with a degree in real estate from UNO, you really know the nuts and the bolts of the industry." Much of the committee's plan is still in its Providing a high-quality program requires a commitment of time and funding, however. So, to solidify its plan, the committee has identified three areas of emphasis:

· Funding key faculty positions. The · Recruiting and retaining students. · Enhancing curriculum. Soon, the


goal of having an endowed chair in the department. college will roll out a program in commercial real estate finance. It's been made possible by a $85,000 grant from the Mortgage Bankers Association and the actions of local real estate professional Rodrigo Lopez. Department faculty members Roger Sindt, Ph.D., and Kath Henebry, Ph.D., have constructed curriculum that allows students the option to earn a specialization in the subject or a certificate.

Reviews are conducted every ten years, and are required for colleges to maintain accredited status in the organization, says Larry Trussell, Ph.D., who coordinated and supervised the reaffirmation of accreditation process. CBA is one of approximately 370 busi-


ness colleges to be AACSB-accredited. Last fall, a team of AACSB evaluators came to UNOmaha to complete the second phase of a lengthy and detailed review. During the on-site visit, the evaluation team met with CBA faculty, students and university representatives to discuss information submitted in an initial written review. "Going through the review is a very positive process for the college," says Trussell, a former CBA dean. "It allows us to identify areas to improve upon" and also look at the college from a more objective point of view. In a formal letter to Dean Stan Hille after the campus review, the visitation team highlighted the strengths they had observed during their visit and following the review of the college's written report. "The letter also indicated areas to work on," Trussell adds. "But we're already addressing areas we believe can be improved, based on what we learned preparing for the review. We've all come to appreciate the rigors of the process, because it makes us all stronger as a college."

Efforts here, spearheaded by MEGA Corporation president Bennett Ginsberg, include speaking to high school students about possible career paths, as well as educating UNOmaha freshmen about the program. The committee has invited firstyear students to tour local real estate firms and also has promoted the college's internship program.

infancy, but Bredemeyer says he and the group are excited about implementing several aspects in 2001. UNOmaha is one of only five universities across the United States selected by the Mortgage Bankers of America to receive a grant that allows them to start a new real estate program or enhance an existing program.

group is working to raise funds for an endowed professorship, with a long-term


PARTNERSHIP Provides Engine for GROWTH



The CBA master's program is known for producing highly effective leaders. Our graduates have gone on to be giants of industry, spearheading some of the best-known and most respected organizations in the area. But how did these leaders get their start and what's led to their success? Our graduate students got to find out firsthand from our MBA Leadership Series guest speakers, who in 2000 represented sectors including banking, insurance and community service. Special thanks to the Ron and Shirley Burns Leadership Fund which makes our series possible. FEBRUARY Bernard Reznicek, national director for utility marketing at Central States Indemnity Co. of Omaha. Reznicek also has served as president at OPPD and Boston (Mass.) Edison Company and as dean of the

They're two respected organizations that draw some of the area's brightest professionals to their doors. It just makes sense, then, that Omaha's Union Pacific Railroad and UNOmaha should also team up to help contribute to our community's growth. In January 2000, a collaborative team of representatives from Union Pacific and UNOmaha -- including CBA assistant dean Nancy Nogg Rauhauser and EMBA program director Curt Bayer -- met for the first time to discuss ways to strengthen its partnership. The plan, says Jamie Herbert, director of workforce planning for Union Pacific and leader of the collaborative group, "is a great foundation for the future. This is our commitment to share accountability for the success of the university and its graduates." To enhance recruiting success and explore other avenues, the collaborative team is working to strengthen its relationship among its own members and among students, faculty and staff at UNOmaha.

as priorities- -- business, technology, human resources and diversity, public relations and communications, and operations -- CBA plays an important role. The business unit, led by Nogg Rauhauser, is working to build its internship program for both students and faculty, and also integrate Union Pacific as a practical example in its classrooms. Last year, students from Introduction to Management classes visited the company's Harriman Dispatch Center. Union Pacific has pledged its support to the college in other ways, as well. Graduates, such as Jack Koraleski, executive vice president of marketing and sales, serve on the CBA National Advisory Board and in other advisory positions. The railroad also funds annual scholarships and faculty-endowed chairs for the university and the college. In April and October 2000, the collaborative team hosted recognition breakfasts to salute its CBA scholarship recipients and to present the Union Pacific Endowed Professorship to Accounting Department chair Jack Armitage. Staying involved with the university and its col-


College of Business Administration at Creighton University. MARCH Margery "Maggie" Hughes, president and chief administration officer of Allianz Life of North America and Life USA Holding, Inc. Hughes joined Life USA in 1990 after a successful career in public relations and management consulting. OCTOBER Jan Schneiderman, president of the National Council of Jewish Women and former vice president of public relations and marketing for K-B Foods, an Omaha food distributor. A UNOmaha speech communications graduate, Schneiderman is an active community volunteer. NOVEMBER Richard Buchanan, vice president, corporate services at First National Bank of Omaha and a rear admiral, U.S. Navy (retired). Buchanan served as the director of operations and logistics at the United States Strategic Command at Offutt Air Force Base, as well as holding several other posts with the Navy.

Union Pacific has traditionally looked to CBA and UNOmaha to hire its graduates. Many of the railroad's professionals and executives have earned undergraduate and advanced business degrees from the university. Among the four areas the team has identified

leges, Herbert says, is a prime way for Union Pacific to be responsible corporate citizens -- and to fulfill its own priorities. "We will continue to have hiring needs in our organization. And we're always interested in looking at the best and brightest graduates available. We believe they're in our own backyard at UNO."

UNOmaha Chancellor Nancy Belck, Professor Jack Armitage and Ike Evans, President and Chief Operating Officer of Union Pacific, speak at the recognition breakfasts to salute CBA scholarship recipients.

College of Business Administration


High School



that it can be a personal experience for To a high school junior or senior, the thought of college can seem a little overwhelming. "Will I fit in?" "What will my classes be like?" "Will I like my professors?" The fourth annual event was in held February 2000. The day started out at the UNOmaha student center, where students were welcomed by CBA deans and representatives from

Marketing professor Amy Rodie talks with Omaha-area high school students at "Inside CBA," held in February 2000.

everyone. Parents are also welcome to attend," Reiser says.

several college student organizations. Later, But an annual event at the College of Business is helping to answer these questions, among others -- and is also serving as a public relations tool for the college. "Inside CBA" started as an outgrowth of one of the college's advisory committees, made up of Omaha-area high school business teachers. Teachers said their students were curious about what it's like to be a business student and what business classes are really like. That's when CBA got involved, says Mary Lynn Reiser, event organizer. Since 1997, the visitors sat in on business classes, toured the CBA computer lab, and participated in panel discussions with CBA faculty and students. Then it was on to lunch and the campus bookstore, followed by a question-andanswer session. Students wrapped up the day with an opportunity to talk with staff from the university's admissions office, student housing and CBA advising departments. Since the program started, Reiser says, about 60 to 70 percent of the attendees have gone on to become UNOmaha students. "We feel that whatever connection we can make with them while they're here can be a lifelong one," she says, "whether students come to us as undergraduates, or to pursue an advanced degree."


the college has invited students from all public and private high school in the Omaha area. "Each school is encouraged to bring four or five students, specifically those who are interested in attending UNO. We try to keep the total at about 30, so




Today, graduating with business contacts is as important to college students as a diploma. So, to help future graduates forge relationships with some of Omaha's


most influential leaders, a group of CBA students have formed a new student organization. The Student Business Association (SBA) was launched last fall, with help from assistant dean Nancy Nogg Rauhauser and CBA undergraduate advisor Terri O'Brien. Officially, the group serves as a forum for minority business students at UNOmaha -- but all students are welcome, and people from a variety of backgrounds have attended its meetings. "SBA helps our students make contacts with business professionals in the area, to help them network and learn how things work in the business world," says O'Brien, the group's moderator. The business community has been very supportive, she adds, and has sent speakers from a variety of companies to come to monthly meetings and also has underwritten some of the group's expenses. Guests talk about the issues students are asking about, says founding member Darnetta Sanders. "The speakers are very open and honest about their experiences. Being in the group has helped me prepare for the future by giving me some real-life examples of how corporate life can and will be."

Emily Muckerheide, from UNO Career Services, speaks to SBA members about how to make the most of the center's resources.

Most of the speakers are minorities themselves, which O'Brien also says is a motivating factor in helping SBA members understand what kind of a role they, too, can have in a corporate environment. "We want the students to know that there are people outside the college that they can look to as mentors, as great role models." Sanders agrees, and says that speakers are eager to help students learn more about their jobs or their industries. "They're always very open to questions after the meetings. They hand out their business cards and encourage us to call them if we have questions or need anything." Being in the organization, Sanders says, "has motivated me a lot." The senior will graduate in May with a management degree and plans to attend law school in the fall. Eventually, she says, "my goal is to be a world-class entrepreneur" -- and achieve the same kind of success she's seen firsthand from the SBA speaker series.

College of Business Administration




Last spring, CBA honored those students and faculty who demonstrated exceptional performance during the past year. On April 6, a new group of students, as well as CBA faculty and staff, were inducted into the Gamma of Nebraska chapter of Beta Gamma Sigma, the national honor society in business and management. We also congratulate our 2000 outstanding professors and students, who also received honors in spring ceremonies.


Marketing professor Tej Adidam earns high marks from his MBA students for creating a positive learning atmosphere and extensively incorporating the real world into his class. For those reasons -- and for overall excellence in the classroom -- Dr. Adidam was awarded the top MBA teaching honor for 2000. He also was awarded the first-ever Executive Education Professorship of Business Administration at UNOmaha and was named Distinguished EMBA Professor of the Year, also in 2000.



JUNIORS Michael Asmus Erin Berggren Caryn Conway Jeffrey Haase Ryan Hoffman Jennifer Huffman Joy Lohmann Benjamin Miller Frank Mitchell Tina Reimnitz Joseph Rewolinski Clint Rushing SENIORS Justin Brauer Ronni Dame Ginger Gruber Cynthia Guthmann Sarah McGrath Nicole Schnieders Laura Shaffer Leigh Snow Amy Schmidt Socha Stephanie Somers Christine Tjelmeland Vadim Vlasov Nikki Wiseman MASTERS James Anderson Jodi Cagle Scott Damrow Bobbi Fisher Bawn Froning Denzil Jorgenson Patricia Killgore Brian Langel Gary Mazour Robert Sauer Jill Sigelman Anna Vygodina FACULTY Vivek Mande, Ph.D. ADMINISTRATION Lex Kaczmarek GRADUATE HONOREES Accounting William Feay Bill Brown Award Bobbi Fisher Economics Haihzi Tong


George Harris Award Denzil Jorgenson Jack Hill Award Shari Jensen Larry Trussell Award Patricia Kilgore UNDERGRADUATE HONOREES Accounting Christine Tjelmeland Management Information Systems Karl Petersen Banking and Financial Markets Karen Helmberger Business Finance Scott Reynolds Economics Ginger Gruber Real Estate & Land Use Economics Adam Marek Management Jessica Calvert Marketing Katie Grosskopf GENERAL AWARD RECIPIENTS Dean's Award Katie Grosskopf OTHER HONORS AWARDED IN 2000 Ray Bradley Outstanding Corporate Finance Student Award Melissa Karm Elroy J. Steele Outstanding Banking Student Award Michael Buse UNO Honor Recipient for Banking and Financial Markets Karen Helmberger UNO Honor Recipient for Business Finance Scott Reynolds


David Volkman is a perennial favorite of Executive MBA participants -- in fact, 2000 marks the fifth time he has been chosen EMBA Professor of the Year. An associate professor in finance, banking and law, Dr. Volkman is actively involved in helping students understand the practical applications of their studies. Currently, he is working on developing a new investment club for the college.


Rick Buchanan brings an impressive slate of experience and accomplishments to the EMBA program. He has served as a two-star Navy admiral, completed two senior executive programs at the Harvard University John F. Kennedy School of Government Management and currently is vice president of corporate services for First National Bank of Omaha. For his commitment, contributions to his class and 3.9 cumulative GPA, Buchanan's classmates and faculty have given him this top EMBA honor.


Finance, Banking and Law This annual award is presented by the university's Alumni Association to eight UNOmaha faculty to honor distinguished teaching in the classroom. Recipients are chosen by a committee of their peers in their respective colleges. Lewis, who teaches commercial, business and international law, says it's an honor to receive an award for doing something he enjoys. "I love imparting knowledge and the angles and nuances that go along with education."

NU Foundation


Put Gifts to

officers such as Dempsey work with the university's colleges to match donor interest with campus and college priorities. "I work


ed gifts are also an important way to further the mission of the college. In either case, says Dempsey, 100 percent of all gifts are used entirely for the purposes the donor designates. Charitable giving from alumni and friends, corporations and foundations has helped CBA reach a level often unattainable through state funding alone, he emphasizes. "Private support allows the college to further develop a program beyond what state funds provide," he says. "These gifts help the college recruit outstanding professors, create students scholarships and build top-notch programs and facilities."

Thanks to support from the University of Nebraska Foundation, the College of Business is able to provide its own strong foundation for students, faculty and business partners. The foundation plays a key role in helping to put donors' gifts to work in the areas where they're most needed. "We serve as a connection between the donor and the college," says Jeffrey Dempsey, associate director of development at the University of Nebraska Foundation. The University of Nebraska Foundation is the fundraising organization and manager of private gifts benefiting the University of Nebraska's four campuses. Development

closely with Dean Hille and others at CBA so that I can speak firsthand to prospective donors about the goals of the college," Dempsey says. Gifts that benefit CBA and other UNOmaha colleges are managed at the foundation. Donors can choose to provide funds that are available for use at the college immediately, or they can create an endowment that will fund projects from the interest accumulated from an invested fund. Donors also have the option of designating their gifts for specific purposes or making the funds available to support areas of greatest need in the college as identified by the dean. While more than 95 percent of gifts coming to the foundation are designated, unrestrict-

For information about how you or your organization may support the college with a gift, contact the University of Nebraska Foundation at 402-595-2302.


GIFTto Establish Student-Managed INVESTMENT FUND

fund's management team," Volkman says. Membership in the club will be open to any UNOmaha student. Colonel Cloud has already given $250,000 to the foundation. The remaining gift will be provided after students have invested the initial amount. Proceeds generated by the fund will be used in two ways:

· To establish the Colonel Guy M. Cloud, Junior and Patricia Cloud

A half-million-dollar gift commitment from a UNOmaha alumnus to the University of Nebraska Foundation will establish a student-managed investment fund, the first of its kind at UNOmaha. The gift, from Colonel Guy M. Cloud Jr. of Austin, Texas, "will give our students the opportunity to invest real money and gain valuable, hands-on experience with managing investments," says David Volkman, Ph.D., chair of the finance, banking and law department. In conjunction with the gift, Volkman is creating a portfolio management course to be offered this fall. Students in the course will work directly with the Colonel Guy M. Cloud, Junior and Patricia Cloud Student-Managed Investment Fund; a fund management team will be chosen from students in the class. The Cloud gift also has spurred the development of a student investment club. "Members of the Maverick Investment Club will analyze the performance of the fund and make recommendations to the

Professor of Investment Sciences at UNOmaha, and;

· To create scholarships for students pursuing a degree in business

administration at UNOmaha. Cloud, who was stationed at Strategic Air Command at Offutt Air Force Base during the height of the Cold War, says he wanted to share his success in the investment arena with the next generation of investment professionals. "I don't have any formal investment training, but I've been investing for 50 years. It's my hope that this fund will give students the real-world experience they need for success after graduation."

College of Business Administration


MBA Program Goes



MBA Program


UNOmaha's MBA program regularly attracts students from across the world. But over the past two years, a Chinese university in Beijing attracted several CBA faculty to its own campus. business the same way as we do," he says.

Wang Hongyan (right) chats with management professor Rebecca Morris and associate dean Louis Pol, at a reception honoring Chinese MBA graduates.

curious about business terminology and Westernstyle contracts. "The students were very interested in being able to communicate in this era of global

The program served as a learning experience for Eight professors traveled more than 6,000 miles to the University of Petroleum to teach the MBA curriculum to 16 Chinese business executives interested in American-style business training. Each faculty member spent up to three weeks in Beijing, usually during UNOmaha breaks. The program was funded by the China National Petroleum Company, which underwrote the costs of the faculty's travel and lodging. Students followed the same MBA curriculum as UNOmaha students, says Sufi Nazem, Ph.D., director of international initiatives for CBA. "They had the identical courses taught by the same professors from UNO, and used the same textbooks we use here." In order to complete their studies in two years, students attended classes full time. The class was interested in all aspects of management practice in American business including finance, marketing, use of technology and corporate strategy, Nazem says, but was especially The feedback from the class has been "very positive," says Nazem. And besides gaining a new perspective on international business, the students have also enhanced their professional careers. Since completing the program, all the students have been promoted to senior management positions in their companies. To cap off the program, the class was invited to UNOmaha to attend a special graduation ceremony in February 2001. Ten of the 16 students traveled from China to receive their diploma from Chancellor Nancy Belck. While in Omaha, the class also had the opportunity to tour several local businesses and attend a UNO hockey game.

Mary Lynn Reiser (in red) and staff from the UNOmaha Center for Economic Education and UNOmaha International Studies and Programs with Ukranian educators. The group was honored at a November 13, 2000, luncheon at the university.

the MBA faculty, as well, says Darryll Lewis, J.D., a CBA law professor. "It was truly a laboratory in reaching across cultural lines and, for me, bringing American law concepts to a recently Communist country. The experience was a lot about mixing culture with education, as well as mixing our two very different systems."


FINANCE, BANKING & LAW More and more students are realizing the power of on-the-job experience, thanks to the many organizations who participate in the CBA internship program. In fact, the program grew approximately 25% in 2000, over 1999 -- teaming up 160 students with nearly 100 area companies. INTERNSHIP PROGRAM GROWS Central States of Omaha Carla Mackie Corporate Finance Association Carlos Arango First National Bank of Omaha Tanya Judkins Keystone Group Michael Chalmers Kirkpatrick Pettis Brian Spangler McGrath North et. al.PC Amy Muller Mass Mutual Adam Tighe Modern Electronics/ Arrow Technologies Jacqueline Millard Mutual of Omaha Troy White Norwest Bank/Wells Fargo Christie Woodrich OPPD Valerie Dreesen Pinnacle Bank Joshua Hagan Trancentrix Robert L. Johnson Union Pacific Streamliner Credit Union Coreen Jarecki Westchester Capital Management Ben Simmons MANAGEMENT ALL TEL Amy Ulrich Ameritrade Frank Bogatz Amigo's Kim Schryvers Applied Communications, Inc. Jeanette Anderson Berkshire Hathaway Christopher Beyer Broker's Benefit Mgmt, Inc. William Fogle C.H. Robinson Timothy R. Johnson Career Solutions Shannon Morris Casa de Oro Foods Julie Antoniak Commercial Federal Bank Ronni Dame Kari Kempf Tessa Layton ConAgra Foods Jennifer Huffmann Consulting firm Jennifer Lee Cox Communications Susan Grigsby

Denny's Matthew Meyer First National Bank of Omaha Rebecca Frohlich First National Buildings, Inc. Michael Foltynski Michael Simons HyVee Food Stores Kris Kucirek Image Building Communications Neil Weide Inacom Kevin Craft infoUSA Molly Moylan L&M Construction Ronald Vlcek L&M Construction Chemicals Julie Myers Long John Silver's Rebecca Overley Lozier Gary Collins Lucent Techologies Richard Wagner Marriott/Georgetowne Club Elizabeth Guernsey Mortgage Express Jay Uphoff Mutual of Omaha Natalie Dubas Northwestern Mutual Life Insurance Co. Aaron Frederick NuStyle Corporation Sarah Koenig Omaha Beef Football Zac Kloock Omaha Property & Casualty Insurance Ins Co. Jacy Feelhaver Omaha World-Herald Torge Thielemann PKS Information Systems Paulo Fortes Aderson Santos Quality Signs Jeremy Nielsen Radiks Internet Access Jennifer Welsh Real Property Appraisals Nicholas Dizona Registered Printing Michael Skogland Reward Walls Doug Jaixen Royal Homes, Inc. Nicole Schnieders Sales Consultants of Riverside Sonia Macias John A. Samuelson Stacia Petersen Team Financial Management Systems, Inc. Bryan McMullan

UNO Bookstore Bertrail Givens US West Ronnette Warren Union Pacific Angela Palmesano Anastasia Privitera Vector Marketing Andrew Houts WRK Systems, Inc. Adam Ward Neil Weide Werner Enterprises Kelly Nownes William H. Harvey Co. Cynthia Guthmann MARKETING AAA Nebraska Gretchen Ballard Angela Tank AT&T Brian Balkus ACCESS Credit Bureau Services Heather Wrenn Allender & Associates Lisa Halamicek Andrews Studio Gina Zimmerman Bank of Nebraska Sarah McGrath Erin Ulanowski Bozell Worldwide Jason Gasaway Budget Rent-a-Car Chad Scebold Call Interactive Anne Wendt Creative Association Management Daniel Zaluski D-Rocks Music Samuel Ferraro Envoy Iva Kiriakova First Federal Lincoln Erin Berggren First National Bank Robert Wettstein Marsha Wright Gap Tammi Ellis Tomami Ota Gerico Marketing Services Jolene Horihan Greater Omaha Refrigeration Robin Hill Homer's Zac Lorenzen Hyatt Hotels & Resorts Alissa Malek Inacom Jacqueline Houston Income Dynamics, Inc. Jessica Simpson INROADS/Greater Omaha Ronette Warren Investors Realty, Inc. Tiffany Grint

KPTM/Fox 42 Amber Meairs Kraft Foods Ayesha Graves The Maids International Andreas Frint Meridian Advertising Mindy Conner Methodist Hospital Russell Rohlfs Mortgage Express Joy Lohmann Mutual First Credit Union Angela Lutz Mutual of Omaha Shelley Loland NP Dodge Kathryn Bruening Northwestern Mutual Life Insurance Co. Henk DeBoer Omaha Printing Co. Ryan Hoffman Omaha Steaks International James Brummer Aaron Kaisershot Ryan Woodard Ranch Bowl/Markel Productions Michael Wood SITEL Corporation Joanna Perkins State Farm Insurance Courtney Barker Alison Wakefield State Farm Insurance/Gary Olson Kelly Guilfoyle Superior Spa & Pool/ Aqua Enterprises Logan Hendrickson UNMC Polina Poleuktova UNO Campus Recreation Ben Lipsey Union Pacific Distribution Services Laura Hinton Women's Edition Carissa Van deWalle REAL ESTATE Associated Appraisers Devon Stevens Daisley Ruff Financial Corporation Justin Brown Douglas County Assessors Office Brenda Budd Hancock & Co. Carmen Soltis Progress West Corporation Don Burkhardt Brett Cook Jason Ruegg Prudential-Ambassador Real Estate Ben Weeks



2000 CBA Internship Partners

Thank you to all our intern sponsors who hosted these students during the year:

Air Force Audit Agency Jonathan Bareuther Kerry Baumgart Cory Libis Career Solutions John Londay COBRA Outsourcing Company Brad Yoder ConAgra Foods Ikechi Chima Deloitte & Touche Mark Blair Sheri Gunderson Tae Ahn Hyoung Curtis Johnson Farm Credit Services Amanda O'Boyle First Data Corporation Amanda Leon First National Bank of Omaha Andrea Wilson Fleming Companies Adam Gale John Shimkus

Kim Yeutter and Ike Chima at the ConAgra Global Trade Center

Frankel Zacharia, et. al. Tim Clark Inacom Meghan Fitzpatrick Lodwig Enterprises, Inc. Andrew Reick MEGA Corporation Tanya Luken Milton Sartin, CPA Clare Morris

ConAgra related to his majors. "Our goal is to get Ike as much experience as possible in several areas of accounting and finance," Yeutter says. "The more he can experience and the more he can see, the better." Chima definitely agrees with Yeutter, and says that the corporate culture at ConAgra has been an integral part of making his internship a success. "It's been great -- better than what I ever have expected. People are very friendly and very warm. It's great working here." Want to host a CBA student at your organization? Contact the Dean's office at (402) 554-2303.

Rick Ekstrom, CPA Jennifer Gaydos Seim, Johnson, Sestak & Quist Travis Hutchison Tara Linn Speed Port NV Joseph Rowelinski William Campbell Co. CPAs Brian Herrera William H. Harvey Co. Lisa Berry Reginna Gubbels ECONOMICS Great Western Bank Nick Caniglia Transglobal Travel Jayson Amandus Werner Enterprises Rodrigo Medina

College of Business Administration

Accounting Intern Gets a


of Experience


Senior Ike Chima is hungry for on-thejob experience before he graduates. And thanks to an internship with ConAgra Foods, he's been able to get it -- and also give something back to the company who's sponsoring him. The finance/accounting double major started an internship in ConAgra's corporate payroll and benefits department at Thanksgiving. Since then, he's become immersed in the responsibilities of payroll, compensation and benefits, along with picking up new skills and applying his classroom learning to his new job. "I've been able to work with different applications I've always heard about, but had never


great," Chima says. "The knowledge I'm getting I'll take to whatever I want to do down the road. I've gained a lot." His sponsoring company has gained a lot from the experience, too, says Kim Yeutter, ConAgra Foods college relations coordinator. "Ike is contributing vitally to our company, just as much as we're giving him a learning experience. Our interns are treated like our other employees -- they get paid and do the same work -- all contributing to the growth of our company. At the same time we're giving them the experience of working at a large company and hopefully teaching them things that they'll need for the future."

College of Business and from UNOmaha, drawing a significant number of students from the university during the academic year, Yeutter says. Besides learning more about his chosen field, Chima says his internship has also taught him important life skills. "I've learned a lot about organizing myself and communicating with my co-workers. A company is as strong as its weakest link -- I've benefited from being accountable and making sure I'm working as part of the team. I think it's so important for business students to get that kind of experience." As he continues his internship, Chima will

applied. I'm doing it right now, and it's

ConAgra routinely hosts interns from the

get the opportunity to work in other areas of



Last fall, 10 educators from the Poltava region of the Ukraine got an opportunity to observe U.S. teaching methods at several schools in Omaha. As part of the Partners in Education Teachers Exchange Program, the group took part in a six-week civics education internship study. The program is a joint effort between UNOmaha Center for Economic Education and UNOmaha International Studies and Programs, in partnership with the Omahaarea schools. The UNOmaha Center is a joint effort between CBA and the College of Education. Co-directors are economics chair Kim Sosin and James Dick from the College of Education; the associate director is Mary Lynn Reiser. During their stay in Nebraska, the group observed classes in area schools, participated in professional development workshops and collected teaching materials for use in their own schools. They also took field trips to local sites of professional and cultural interest, and spent several days as guests of rural families in Elk Horn, Iowa. It was an eye-opening experience for the guest teachers, says Reiser. "Traditionally, instruction in the Ukraine is very regulated. Their state curriculum is delivered in a traditional lecture mode and there's not too much variation in the delivery. In the U.S., our curriculum is about also engaging the students in small groups, group discussions and student projects. To the Ukranian teachers, this is a whole new world." The group took away a greater understanding of American education methods and an eagerness to implement ideas into their own classrooms. "My colleagues and students are very interested in the educational system of the U.S.A. and American culture. I try to use what I have learned in my courses, and the results are remarkable. I think my time in Omaha was really interesting and very fruitful," says Nataliya Somoylenko of Poltava. This spring, Reiser and James Dick will have an opportunity to be students themselves as they travel to Poltava to observe the Ukranian education system firsthand. The Ukranians' visit to UNOmaha and Nebraska was made possible by a grant from the American Councils for International Education. The program invites educators from NIS (Newly Independent States of the Former Soviet Union) to observe and learn about American teaching methods and curriculum development related to civics education. Omaha was one of eight U.S. cities chosen to participate in the program.



During the fall semester, marketing professor PHANI TEJ

ADIDAM, PH.D., traveled to

Finland. He was invited to teach a marketing strategies course at the Helsinki School of Economics and Business Administration in Mikkeli, Finland. The prestigious institution draws a multicultural student body and faculty from around the world and has one of the largest enrollments of any business education institution of higher learning in the Nordic region. Adidam plans to return to teach another course at the school in the summer of 2003.

The CBA accounting department, together with UNOmaha and the Academy of Economic Studies of Moldova (AESM), have formed a cooperative relationship in the areas of accounting and auditing. The partnership will aid in the economic growth and development of Moldova, located northeast of Romania in eastern Europe. In 2000, accounting department chair JACK ARMITAGE, PH.D., spent a week in the capital city of Chisinau working with the accounting chair of AESM and other Moldovan representatives.

The Executive MBA program continues to nurture international business awareness and involvement by including two weeks of overseas field research in its curriculum. Management professor


students traveled to Siauliai, Lithuania, to conduct research for its capstone consulting project. The 2000 team worked with Putoksnis, a maker of plastic bottles used for soft drinks, oils and household cleaning products. During the trip, the group met with Kenneth Smith, U.S. Ambassador to Lithuania.

College of Business Administration



There's no better testament to the value of a CBA education than the achievements of our graduates. In


RICHARD HOOK Vice President and General Manager, Cox Communications, Inc. Executive MBA 1997 Richard Hook has spent his entire career in the cable industry. Shortly after graduating from the University of Iowa with a bachelor of arts in broadcasting and film in 1973, he You can count on John Bredemeyer to be a leader -- whether in his company or in the many organizations he serves. A certified general real estate appraiser in Nebraska and Iowa, he is the current president of the Nebraska Mortgage Association, president of the alumni chapter of Rho Epsilon, the professional real estate fraternity, national chair of professional certification for the Appraisal Institute and vice chair of the Omaha-based Great Plains Multiple Listing Service. In 1997, Governor Ben Nelson appointed Bredemeyer to the Nebraska Real Estate Appraiser Board, where he is currently serving a second term as chair. He also is on the board of directors of the Association of Appraisal Regulatory Officials, representing seven Midwestern states. Bredemeyer is also active in St. Wenceslaus Church in Omaha, as well as Skutt Catholic High School. joined Cox Communications in Saginaw, Mich., as the location general manager. He held similar positions on the East Coast and in the Midwest before coming to Omaha in 1986. Here, Hook oversaw the transformation of Cox Omaha to a major area-wide voice, video and high-speed data telecommunications services provider. While in Omaha, he graduated from the UNOmaha Executive MBA program and became a strong proponent of the experience -- encouraging all of his senior management team to take part. In March 2000, Hook was promoted to oversee the Cox Mid-America region out of Tyler, Tex., the company's largest telecommunications operation.

JOHN BREDEMEYER President, Realcorp CBA 1978


2000, three alumni were singled out for their remarkable careers and community service as recipients of the CBA Distinguished Achievement Awards:

MARK JEFFERSON President, Jefferson Financial Services Co. CBA 1965 Service to his country and his community are top priorities for Mark Jefferson. The native Nebraskan served three years in the U.S. Marine Corps after high school. He then earned a finance degree from the UNOmaha College of Business in three and a half years -- starting his financial services career in his senior year. In 1974, Jefferson established


his own firm. He is a life member of the Million-Dollar Round Table and also holds several financial consultant designations. Jefferson is past president of the Omaha and Nebraska Association of Insurance and Financial Advisors and is a longtime member of the Omaha Estate Planning Council. He is active in his church, in civic organizations and at UNOmaha. Jefferson is past president of the UNO Alumni Association and the Maverick Board and currently serves on the Maverick Council.



November 9 marked the induction of our newest members of the Lucas Society, a CBA group that honors some the college's most dedicated supporters. This year, a husband-and-wife team as well as a financial industry team were named to the society.

George Beattie, president of the Nebraska Bankers Association, accepts the Lucas Society award.


Phyllis and John Jeter accept their award from CBA Dean Stanley Hille (center).

The Nebraska Bankers Association (NBA) is a statewide trade association representing 277 of Nebraska's 279 commercial banks and eight of the 17 savings and loan institutions in the state. The association constantly monitors the banking scene, watchful for new ideas and approaches to help Nebraska's financial institutions respond to an ever-changing environment. NBA strives to anticipate and respond JOHN A. AND PHYLLIS S. JETER After graduating from UNO with honors in 1954, John Jeter began his career with Arthur Andersen & Co. He became a lifelong partner of the firm, spending time in the Omaha, Dallas and Denver offices. Mr. Jeter has dedicated his time and efforts toward many UNO programs, including the CBA National Advisory Board, the UNO Alumni Association, the Accounting Education Advisory Committee and the Campaign Nebraska UNO Leadership Committee. He received the CBA Distinguished Achievement Award in 1987 for his many accomplishments and contributions. Phyllis Jeter is also a UNO graduate, completing a bachelor's degree in Spanish ith a minor in French in 1983. Together, they have established the John A. and Phyllis S. Jeter Accounting Excellence Fund, which supports tuition and fees for a CBA accounting major. In time, the fund will also support a professorship in the accounting department. The NBA's priorities have also included the College of Business. For many years, the association has been instrumental in supporting CBA -- perhaps most notably in the area of information technology. In 2000, the association provided a generous grant to allow the college to upgrade one of its two NBA computer labs with an overhead projector, modular furniture and fresh paint. Previously, NBA helped the college outfit another lab with new computers, big-screen monitors and enhanced lighting. quickly to events that have an impact on its member institutions. Priorities include legislative representation, education, industry promotion and public relations, cost-saving products and services, and an array of other services designed to meet the needs of Nebraska's banks and savings and loan institutions.

The Lucas Society event also recognized the college's 2000-2001 general scholarship recipients.

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