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Mendoza News
A Global Vision
Jim Parsons, a graduate of the Mendoza College of Business, and his wife, Dr. Carrie Quinn, have made a significant contribution to Notre Dame with a $20 million gift to establish the Notre Dame Institute for Global Investing. This initiative aims to enhance the finance curriculum, expand internship opportunities, and foster research and partnerships within the investment community. With Associate Professor Shane Corwin as the director, the Institute aspires to promote moral practices in finance and strengthen the connection between Notre Dame values and the broader financial world.
Mendoza News
AIMING FOR A Legacy
Twenty years of the Applied Investment Management (AIM) course at the University of Notre Dame has transformed the educational experience for nearly 1,000 graduates, turning $150,000 into a student-managed portfolio now valued at $10.7 million. As alumni gathered to celebrate AIM's 20th anniversary, they reflected on its growth from a modest class to an influential program that fosters strong networks, social responsibility, and a commitment to philanthropy among its graduates. Co-founders Scott Malpass and Frank Reilly emphasized the course's impact on shaping future money managers and the community's shared success.
Mendoza News
An Unplanned Return: Bill Schmuhl Jr.
Bill Schmuhl Jr. has successfully navigated his career from the classrooms of Notre Dame to the boardrooms of major corporations. After earning degrees in business and law at Notre Dame and an MBA from the University of Chicago, he led Heywood Williams USA Inc. as CEO, achieving impressive sales figures. Now, in a return to his roots, Schmuhl serves as an associate teaching professor at Notre Dame, where he shares his passion for education and mentorship, helping students overcome challenges in learning accounting while continuing his philanthropic efforts in the community.
Mendoza News
Chopstick Negotiations
Father Eric Zimmer's EMBA Negotiations class features a unique trade-up assignment where students start with simple items like a pencil or chopsticks and aim to negotiate for more valuable goods. The exercise exemplifies the "bigger pie" theory, engaging students in win-win negotiations that have led to incredible outcomes, including a riding lawn mower and a suite at the Indianapolis Motor Speedway. Maria Bailey's team took the initiative further by auctioning their traded items to raise funds for Pulse, a company providing life-saving medical trailers in Uganda, resulting in a successful auction that raised $21,000 and generated significant interest
Mendoza News
Happy Feat
Matt Bloom's research program investigates ways to improve workplace satisfaction by focusing on the human experience behind job roles. Drawing from his own challenging corporate background, he founded the Wellbeing at Work Program to study the happiness of individuals in "helping professions" and found that a sense of meaning and purpose greatly contributes to job satisfaction. Bloom argues that recognizing the full humanity of employees—including their spiritual needs—could transform how we approach work in all sectors, helping to foster a more rewarding environment for everyone.
Mendoza News
Mendoza Welcomes New Faculty
The Mendoza College of Business welcomed 14 new faculty members in fall 2015, each bringing a wealth of diverse experiences and backgrounds to the university. Among them, Emily Garbinsky focuses on consumer financial decision-making, while McKenzie Rees investigates workplace ethics. With expertise ranging from management and psychology to accountancy and communication, these educators embody the vision of Blessed Basil Moreau, aiming to help students achieve completeness through excellence in education.
Mendoza News
Pie for Everyone
Maria Bailey, an EMBA graduate and owner of a successful marketing agency, initially felt skeptical about taking a negotiations class at Notre Dame, especially one taught by the Rev. Eric Zimmer, S.J. However, the course transformed her perspective, revealing the importance of a moral approach to negotiations and the potential for both parties to benefit. Zimmer emphasizes that true negotiation isn't about winning at the other's expense, but rather about creating value together, shifting the focus from competition to collaboration.
Mendoza News
That Gummy Bear is Calling Your Name
Grocery shopping habits vary widely, from those who stick strictly to a list to impulsive buyers without any plan. A recent study examines how shopper behavior shifts during a grocery trip, revealing that longer stays typically lead to more unplanned purchases. Findings indicate that budget-conscious shoppers often counterbalance impulse buys with planned purchases, while those with larger budgets are more likely to make additional spontaneous choices, influenced by cues in the store. Shoppers are advised to stay aware of how time spent in the store can affect their buying decisions.
Mendoza News
Training Intuition
the business community understand and improve ethical decision-making among employees. Established through Deloitte's support, the Notre Dame Deloitte Center for Ethical Leadership focuses on behavioral ethics, drawing from neuroscience and psychology to inform its research. By challenging traditional views on how employees approach ethical dilemmas, the Center aims to enhance practices around hiring, training, and corporate culture to foster more ethical workplace behavior.
Mendoza News
A Matter of Trust
Finance Professor Robert Battalio recently testified before the Senate's Permanent Subcommittee on Investigations regarding conflicts of interest in low-cost stock brokerages. Accompanied by co-authors Shane Corwin and Robert Jennings, Battalio's research raises concerns about how brokerages like TD Ameritrade prioritize profitability over customer interests in order routing practices. Their study, which utilized previously inaccessible market data, aims to shed light on the implications of these practices for everyday investors.