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February 2002

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College opens new Center for entrepreneurs
The Center for Enterprise Development opened its doors on February 18. CED offers professional consulting and business research assistance to occupants of the University of Illinois Research Park. Students in the Illinois MBA Program staff the office.

Illinois economy "cloudy" before 9-11
Economist Fred Giertz's research reveals that the shortfall in Illinois tax revenues was clear well before the terrorist attacks in September.

Beat the earnings expectation: how to make it happen
Buy low and sell high is sage advice. For companies, the wisdom is apparently "talk down" the earnings projection and then beat that low-ball forecast to help the value of your stock. Economist Dan Bernhardt explains it all.

Q&A with Chancellor Cantor
Chancellor Nancy Cantor answers a variety of questions ranging from the campus budget to child care.

Executive MBA and MBA alums gather
A chance to update their degrees was embraced by more than 100 alumni earlier this month. Meeting on a Saturday, the graduates heard about the latest college programs and research from several faculty. Alumni were invited to stay to cheer on the Illini in their game with Purdue.

Name brand versus national brand
Which tastes better - - Coke or Sam's Choice cola? Cheerios or Toasty O's? Do you prefer an exotic name attached to that chocolate cookie? Members of the Graduate Marketing Association and students from the Food Lab hosted a taste-test extravaganza that provided them with data to answer these questions.

On the web: CCBA fact sheets
Ever wonder how many students are majoring in finance? How about the journals that are edited by faculty? CCBA fact sheets might have the answer!

CCBA staff get new online resource
The Office of Administration, Planning, and Budget Resources recently made available a policies and procedures website. Covering everything from tornado instructions to travel vouchers, the information is tailored to the needs of CCBA staff.


Two Ph.D. Business Administration students honored
Two newly established awards from the Survey Research Lab went to Business Administration Ph.D. students. Fabio Fonti was the recipient of the Robert Ferber Dissertation Award and Junyong Kim received the Seymour Sudman Dissertation Award. The awards are given annually to UIUC doctoral candidates for excellence in survey research as part of a dissertation.

Faculty in the news
Four college faculty were cited in various publications in February. The Wall Street Journal, Pacific Business News, USA Today, and News-Gazette all referenced or interviewed CCBA faculty.


Lynge part of Friday Forum on February 22
If you are in Champaign today, stop by the University YMCA to hear Finance chair Morgan Lynge speak as part of the "Redefining Global Issues" series of talks sponsored by the University YMCA. Friday Forum lectures are held weekly at noon in Latzer Hall, 1001 South Wright Street, in Champaign.

Sargent to present David Kinley Lecture in Economics
Stanford economics professor Thomas J. Sargent will deliver the 2002 David Kinley Lecture in Economics in 141 Wohlers Hall on March 7 at 4 p.m. He will discuss why so many governments fail to put their knowledge about sound currency to work. The lecture is open to the public.

Jeff Margolis to present annual Cozad Lecture
Chairman and CEO of The TriZetto Group, Inc., Jeff Margolis will present the 2002 V. Dale Cozad Lecture in Entrepreneurship in 141 Wohlers Hall at 5.p.m. on April 9. The public is invited to hear Margolis speak on "Transforming Fundamentals into Innovation." Reservations are requested.

Spring Luncheon in Chicago on April 5
Join your fellow alumni for the festive Spring Luncheon held at the Palmer House in downtown Chicago. CCBA award-winning instructors will be offering concurrent seminars on a current business issue, so plan to arrive at 11 a.m.


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