dean's message

Rajiv Grover, DeanWe've listened. We've heard you. And, we've taken your advice! A few years ago we launched this Fogelman Flash e-newsletter. Since that time, we've sent two email blasts each semester with a brief recap of what happened throughout the year. After much appreciated feedback, it appeared that this platform was well received. However, we got one piece of advice over and over – to make the Flash timelier, more frequent, and more hard-hitting. Well, we've listened to you and adapted our message structure.

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Michael Cook Inducted as the FCBE's 13th Investor in Excellence

Michael Cook, founder and CEO of SouthernSun Asset Management firmOn Wednesday, July 9th, Michael Cook, founder and CEO of SouthernSun Asset Management firm, was inducted as Fogelman College's 13th Investor in Excellence. The ceremony was held at the College in the first floor lobby. Nearly 50 people were in attendance to celebrate this recognition, including U of M President, Dr. David Rudd and three of 2013's inducted Investors in Excellence – Bill Watkins, co-founder of Watkins Uiberall, Larry Papasan, former President of MLGW and Smith & Nephew, and Laurie Tucker, former SVP of FedEx Services and co-founder/CSO of Calade Partners. Many other major Memphis business moguls including Charlie McVean, Chairman and CEO of McVean Trading & Investments LLC, Rudi Scheidt, former Chairman of Hohenberg Brothers Co., and Mike Cross, Senior Analyst and Principle of SouthernSun, were also present.

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Major Faculty Changes and Promotions Announced at Fogelman

We are excited to announce several major faculty changes and promotions. Dr. Lloyd Brooks, has been named Interim Associate Dean for Academic Programs. Dr. Brooks previously served as the Chair of the MIS Department. He is also holds the Jennifer and Michael Cook Professorship of Exemplary Leadership. Dr. Brooks' leadership was essential to the recent renewal of the College's prestigious AACSB accreditation.

We are also pleased to announce that Dr. Robin Poston, Associate Professor, has been appointed Interim Chair of the MIS Department. Dr. Poston's excellent leadership and research records make her well-deserving of this position. Throughout the past year, she served as the Chair of the College's Strategic Planning Committee and was also the recipient of Ron Hart Emerging Leadership Award. She was also recently announced as the new recipient of the Papasan Family Professorship for Exemplary Leadership.

Please join us in congratulating these professors on their significant career transitions.

U.S. News Ranks FCBE at the University of Memphis in Top 25 for Online Graduate Business Programs for Veterans

For the second consecutive year, U.S. News & World Report has ranked the Fogelman College of Business and Economics (FCBE) at the University of Memphis in its Top 25 in online graduate business programs for veterans.

Fogelman College is ranked 24th for online graduate business programs. Other universities on the list include Arizona State, James Madison, Washington State, Nebraska and Alabama.

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Fogelman MBA Students Declared Tournament Champions

A team of full-time MBA students from the Fogelman College of Business & Economics won first place in the Next Play Venture Tournament recently. Next Play is a national competition hosted by Davidson College in North Carolina for student-led business plans with a focus on making the sports industry more sustainable.

Ten university teams from across the country participated in the competition, including Duke, Wisconsin-Madison, North Carolina-Chapel Hill, Texas-Austin and Arizona State.

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FCBE's MIS Program Honored as one of the Top 50 Programs in the U.S.

The Fogelman College's MIS Department was recently ranked as one of the 50 best MIS programs in the nation by the Association of Information Systems (AIS). FCBE's MIS department captured the 46th spot on this prestigious list. These ranking are only released every four years.

The schools considered for the high honor were required to meet certain criteria, including having a substantial Information Systems-centric major at the undergraduate or graduate level and being located in the United States. Furthermore, the schools selected for this list had to exhibit excellence in the U.S. News and World Report rankings, employ faculty who have published AIS journals, and support active AIS student chapters.

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Dr. McInish's Paper Set For Publication in the Journal of Financial Economics

Dr. Thomas McInishDr. Thomas McInish, professor of the Department of Finance, Insurance and Real Estate and the holder of the Chair of Excellence, is set to have his paper, "Trading Rules, Competition for Order Flow and Market Fragmentation," published in the Journal of Financial Economics, which is among the top journals of its discipline.

In this paper, McInish discusses the competition taking place between traditional stock exchanges and new 'dark' trading venues while noting an important difference in regulatory treatment. A regression discontinuity design is implemented that was used to find how spread constraints have significantly weakened the exchanges' competitiveness. The paper demonstrates how a probability of subsequent order execution will increase as a result of more orders migrating to dark pools, which raises liquidity. The ability to circumvent time priority of displayed limit orders is listed as one of the causes of the rapid rise in U. S. equity market fragmentation, as well.

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