The Future Of Retirement (Is In Huskies’ Hands)
For the second time in four years, a team from Michigan Tech won a national retirement
security essay competition.
The student team, comprised of graduate student Zach Rosenbaum and undergraduates
Cole Peppin and John Ruf, won the 2019 iOme Challenge sponsored by the Women’s Institute
for a Secure Retirement (WISER). The iOme Challenge is a national competition designed
to raise awareness among college students about the impact of retirement security
on the social and economic well-being of society.
Students from across the country responded to the annual essay competition with a
policy paper and a promotional video. They were asked to imagine that Congress named
them to an Independent Commission on Retirement, with instructions to re-evaluate
and modernize the retirement system from the perspective of Gen Z-ers. The Michigan
Tech team’s winning essay was titled “The Basic Proposal: Retirement Policy for a
New Generation.”
Winning the iOme Challenge is no small feat; the Husky team faced competition from
universities including Harvard and Columbia. The winning team shares a $5,000 prize,
with an additional $1,500 awarded to the team’s advisor, Emanuel Xavier-Oliveira,
associate professor of economics.
In addition to meeting policymakers from the US Senate and the House of Representatives,
including senators Debbie Stabenow and Gary Peters and rep. Jack Bergman, the team
presented its paper at a symposium in Washington, DC.
iOme Presentation Basic Plan
Huskies Master Management In State Competition
Each spring semester, up to 12 Michigan Tech students compete in THE Project, an annual
collegiate project management competition offered by the Western Michigan Project
Management Institute. It engages college students in the practice of project management*,
develops their leadership skills, and provides them with a
platform to demonstrate their abilities to business and community leaders.
Michigan Tech has competed in all eight of the competitions, placing second and third
in 2019, third in 2018, and first back in 2017 (beating out other Michigan schools,
including Western Michigan University and Grand Valley State University).
*Project Management: The way a person or group organizes and manages resources that
are necessary to complete a project.
Student-Run Investment Fund Grows To Nearly $2 Million
In 1998, Michigan Tech was an early adopter of student-run investment funds. While
other institutions have played catch-up to model similar programs—primarily for graduate
students— Michigan Tech’s portfolio management program is still unique. Here, there
is no safety net. Undergraduate students call the shots and have full control to determine
investment philosophy.
This year’s team grew the fund to $1.8 million!
Interested in joining the Applied Portfolio Management Program (APMP)? Each spring
semester, students of all majors are invited to apply. Participants are chosen based
on rigorous interviews, demonstrated aptitude, and leadership skills in the areas
of finance and financial economic theory. Email dean@mtu.edu for more information.
Learn more about APMP
Minor In Business
Chances are Michigan Tech graduates will go on to work for, start, or run a company. Learn solid business skills as an undergraduate with the addition of a business minor. Course content complements a variety of STEM-based majors.
"By minoring in business, students will learn the fundamentals of operating a business, including critical marketing and accounting skills to better prepare them to work in and lead a technology-focused enterprise."
New Degree Programs
New Data Analytics Concentration in Accounting
The increasing importance of data and analytics has changed the field of accounting and Huskies are responding to the need. A new 18-credit concentration was introduced this year, which leverages accounting, information systems, and math coursework to help accounting students become specialists in databases, data cleaning and visualization, statistical programming, and analytical methods.
Master’s Degree in Engineering Management
Take your STEM degree further by pursuing a master’s degree in engineering management
(MEM). This new program with an accelerated, one-year path positions graduates for
managerial roles in technology fields.
Learn more: mtu.edu/business/graduate/engineering-management
Construction Management
As an interdisciplinary degree, construction management students at Michigan Tech have access to the tools, resources, and mentorship of both the College of Business and the Department of Civil Engineering. The program provides students a well-rounded, hands-on curriculum and a 100-percent job placement rate! Learn more: mtu.edu/construction-management
Which Business Major Is Right For You?
Visit mtu.edu/business/undergraduate/assessment and take our one-minute assessment
to discover more.
Where Do Business Huskies Intern? Just to name a few. . .
Auto Owner’s Insurance
Bank of America/Merrill Lynch
Entrust Datacard
Fastenal
Fiat Chrysler
General Motors
Kohler
Manthei Group
Mercer
US Senate Offices
Yanfeng Automotive Interiors
"I'm learning about the legislation process while honing my skills."
Pursuing A Business Major At Michigan Tech Is A Crazy Smart Decision:
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93%Michigan Tech undergraduate placement rate overall
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Top 50
student-run investment funds in the nation valued at nearly $2 million
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50 +
sponsored scholarships available to business Huskies
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12:1student-to-faculty ratio
Donor Pride Alive
Check out the incredible impact from Black and Gold Give Back Day held this spring. A Husky thank you to all who contributed!
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$72,000total raised for COB
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$50,000single-largest donation
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85total number of donors
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17 and 5Gifts came in from 17 states and 5 countries
Business Teacher Of The Year
The students have spoken, and the 2018-19 teacher of the year in the College of Business
is Jun Min, associate professor of marketing. Min was recognized for his dedication,
passion, and for going the extra mile to support students. One nominator wrote: “Jun
Min genuinely cares about his students and their success. He goes out of his way to
hold meetings after class, just to get to know students and their goals.” Min gives
his time and resources, developing connections for students that lead to paid internships,
co-ops, and full-time employment. He also serves as the advisor to the Michigan Tech
student branch of the American Marketing Association.
All about Dr. Min:
Book I think every student should read: Rich Dad, Poor Dad by Robert Kiyosaki. It discusses the various streams of income
every entrepreneurial-minded person should consider. It also advocates personal financial
literacy, which is a skill all students (of any major) should learn in their early
career development to
achieve professional success in the future.
Quote I live by: “Every man’s life ends the same way. It is only the details of how he lived and how
he died that distinguish one man from another.” -Ernest Hemingway
Before I was a professor I was: A senior research executive at AC Nielsen in New York. I conducted international
marketing projects that focused on the customer solutions for corporate business problems.
I enjoyed working with many passionate marketers in more than 20 different countries.
My research is in: The business relationship governance strategy to initiate, develop, and maintain
the system of customer value delivery. In particular, the emerging digital business
relationship requires more innovative marketing channel management to respond to demands
from tech-savvy customers and their
lifestyles.
I spend my downtime by: Fishing, even though most of the time I end up feeding them rather than catching
them [chuckles].
Why marketers are needed now: The first three industrial revolutions have changed our lifestyle from manufacturing-product
orientation to the consumer-brand experience. A common success from these previous
industrial revolutions was the huge impact on the supply side. The Fourth Industrial
Revolution will result in an enormous improvement in the supply side, creating new
roles for marketers who are responsible for demand, satisfying customer needs and
wants, and play a critical role in future business.
Best In Business: Get To Know Top Students In The College Of Business
Anthony Custard
Martial artist. Applied Portfolio Management Program investor and finance student. Anthony Custard ‘21 of Marquette, Michigan, is the 2019 Outstanding Man of Business. This past summer, he participated in a co-op with Superior National Bank and Trust in preparation for a career in banking. Anthony says that the award is a culmination of his hard work so far and his belief in himself.
Sarah Goble
Nordic skier. Economics student and researcher. Sarah Goble ‘20 of Harbor Springs,
Michigan, is the 2019 Outstanding Woman of Business. Over the summer, she traveled
to Germany to participate in an intensive international business and economics program.
Sarah is honored that the award is an opportunity to showcase her efforts outside
the classroom.
Blueprint For Success
The leap from classroom to career is now clearer for business students. “The Professional
Blueprint program rewards students who complete various steps in professional development,”
says Sheila Milligan, senior lecturer. Steps in the program include students visiting
Career Services on campus to improve their LinkedIn profile, participating in mock
interviews, or engaging in an opportunity to do a presentation. “These are important
experiences to become a job-ready professional,” Milligan says. Those who complete
the program earn an honor cord designation at graduation.
Learn about more resources and opportunities for business undergraduates: mtu.edu/business/undergraduate/organizations
Michigan Technological University is a public research university founded in 1885 in Houghton, Michigan, and is home to nearly 7,500 students from more than 60 countries around the world. Consistently ranked among the best universities in the country for return on investment, Michigan’s flagship technological university offers more than 120 undergraduate and graduate degree programs in science and technology, engineering, computing, forestry, business, health professions, humanities, mathematics, social sciences, and the arts. The rural campus is situated just miles from Lake Superior in Michigan's Upper Peninsula, offering year-round opportunities for outdoor adventure.