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  • Virginia Military Institute - EC-BU Policies and Forms
    Institute Writing Program Research Support Cadet Counseling Career Services Disabilities Services Miller Academic Center Advising Math Resource Center The Writing Center Resources Registrar Financial Aid Canvas Login Dean s Office Career Services Bookstore Cadet Computing Admissions Corps Life Athletics Library Archives Preston Library Library Home Find Books Departments Media Equipment Technical Services Visitor Information Archives Archives Home Online Exhibits VMI History FAQs Genealogy Alumni Manuscripts Civil War New Market Give Close Menu Information Social Sciences Economics Business Home Degrees Programs Courses Economics Newsletter Departmental Activities Policies Forms About ECBU Faculty Open House Presentation Senior Exit Survey Alumni 97 07 survey Donna Potter Executive Secretary P 540 464 7234 F 540 464 7005 Virginia Military Institute 345 Scott Shipp Hall Lexington VA 24450 Contact ECBU Home Academics Areas of Study Social Science Economics Business Policies Forms Policies and Forms Please see the Degrees Programs Internships link for Internship for Credit forms If the form you need is not listed below or on that page please contact the departmental secretary EC BU Departmental Policies on Work for Grade Institute Work For Grade Policy EC BU Conduct and Appearance VMI Academic Standards Schedule Worksheet Business Minor Form Economics Minor Form Economics and Business

    Original URL path: http://www.vmi.edu/Content.aspx?id=1524 (2016-02-15)
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  • Virginia Military Institute - About ECBU
    Preston Library Library Home Find Books Departments Media Equipment Technical Services Visitor Information Archives Archives Home Online Exhibits VMI History FAQs Genealogy Alumni Manuscripts Civil War New Market Give Close Menu Information Social Sciences Economics Business Home Degrees Programs Courses Economics Newsletter Departmental Activities Policies Forms About ECBU Faculty Open House Presentation Senior Exit Survey Alumni 97 07 survey Donna Potter Executive Secretary P 540 464 7234 F 540 464 7005 Virginia Military Institute 345 Scott Shipp Hall Lexington VA 24450 Contact ECBU Home Academics Areas of Study Social Science Economics Business About ECBU The Association to Advance Collegiate Schools of Business International AACSB recently announced that the Department of Economics and Business has been awarded re accreditation Only 5 percent of the world s business programs are accredited by AACSB Read additional information on this accomplishment The mission of the Department of Economics and Business is to develop leaders within the framework of the unique VMI mission by offering a rigorous and challenging liberal arts curriculum based on a solid foundation in economic theory quantitative methods and management specific knowledge and skills An economics and business degree from VMI can prepare you for almost any leadership position in the 21st Century Our graduates are well prepared to take on careers in finance management marketing investment banking or the military The EC BU degree is excellent preparation for graduate work in economics business public administration health administration or law The department s program goals and learning outcomes were developed with an eye toward matching them with the learning experiences we believe are necessary for future leaders Our program goals are as follows broad knowledge of economics quantitative methods and the functional areas of business discipline based skill set the ability to communicate effectively using oral communications skills oral communication the

    Original URL path: http://www.vmi.edu/Content.aspx?id=10737429961 (2016-02-15)
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  • Virginia Military Institute - Faculty
    Areas of Study Social Science Economics Business Faculty Economics Business Faculty Col Robert Moreschi Dept Head Professor Ph D University of Illinois Specialty Portfolio Management Principles of Investments Business Finance Applied Microeconomic Theory Investment Consulting moreschirw vmi edu Col Moreschi s Website Lt Col Samuel Allen Associate Professor Ph D University of Arizona Specialty Labor Economics Economic History Political Economy and Applied Econometrics allensk vmi edu Lt Col Allen s Website Col Atin Basu Choudhary Professor Ph D University of Mississippi Specialty Behavior of cartels or political lobbying groups the impact of anti trust legislation on cartels trade wars corruption and the evolution of cultures basua vmi edu Col Basu s Website Lt Col Valentina Dimitrova Grajzl Associate Professor Ph D University of Maryland Specialty Economics of Institutions Post Socialist Economies and Politics Law and Economics and Economic History dimitrova grajzlvp vmi edu Lt Col Dimitrova Grajzl s Website Maj Jennifer E Gerow Assistant Professor Ph D Clemson University Specialty Management of Information Systems Web 2 0 for Business Principles of Management gerowje vmi edu Maj Gerow s Website Maj Benjamin C Grannan Assistant Professor Ph D Virginia Commonwealth University Specialty Discrete Optimization Decision Making Under Uncertainty and Military Healthcare Logistics grannanbc vmi edu Dr Bing Jiang Assistant Professor Ph D Emory University Specialty Behavioral Economics Experimental Economics jiangb vmi edu Dr Jiang s Website Lt Col Raymond MacDermott Associate Professor Ph D Rutgers University Specialty International Economics Macroeconomics macdermottrj vmi edu Lt Col MacDermott s Website Maj Dekuwmini Mornah Assistant Professor Ph D University of Mississippi Specialty Public Choice International Economics and Applied Econometrics mornahd vmi edu Col Tinni Sen Professor Ph D University of Mississippi Specialty Asymmetric Business Cycles Evolutionary Game Theory Pedagogical Research and Law and Economics sensb vmi edu Col Sen s Website Lt Col Jeffrey

    Original URL path: http://www.vmi.edu/Content.aspx?id=4294974315 (2016-02-15)
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  • Virginia Military Institute - Alumni Panel Launches Entrepreneurship Club
    waiting for 15 years for something like this to happen and he made it happen said Col Atin Basuchoudhary a professor in the economics and business department I m really excited Siewers was just as excited when he got together with a group of interns during the summer When he heard of all the stimulating activities they participated in on their campuses he decided to bring the ideas back to VMI They had all of these entrepreneur clubs had the chance to start businesses while they were in school said Siewers I thought Why couldn t VMI have something like that He talked to Basuchoudhary and Col Robert W Bob Moreschi head of the economics and business department about his idea They gave him the go ahead and after jumping through all of the necessary hoops the Entrepreneurship Club kicked off with that panel discussion that featured three VMI alumni talking about their experiences in the business world The panel included Robert Louthan 82 who has more than 30 years of business experience and is the founder and chief executive officer of VeteranCrowd Richard Luck 12 taught in innercity high schools before starting UnBoundRVA a company designed to help out entrepreneurs without resources and James Goodwillie 12 is the founder of BlueBaggs a social network shopping aid Richard and James were two of my dykes Siewers explained I just reached out to them over the summer and we brainstormed what we should do I came up with the idea of the panel discussion as the marketing event for the club to raise awareness In that respect the effort seems to have been successful The night of the panel discussion the room at Scott Shipp Hall was packed and about 50 cadets showed up for the membership meeting later that week

    Original URL path: http://www.vmi.edu/Content.aspx?id=10737431454 (2016-02-15)
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  • Virginia Military Institute - NASCAR Driver Offers Real-World Marketing Project
    marketing principles to a NASCAR driver with a VMI connection Trey Jarrell 17 year old son of alumnus Roger Jarrell 91 was named rookie of the year in NASCAR s Whelen Series last year Sponsorships play a vital role in a driver s continued success and it is the task of cadets to gain more sponsorships for him This is a school project but it has a real life goal behind it said Cadet Nicolas Mari 14 I didn t know until doing this project doing the research that if you don t have the right sponsor people might not like the driver During a visit to the class earlier this semester the Jarrells met with cadets and provided them with statistics about the sport s demographics to give them a starting point Many were surprised by the information You ve got to look at the customer people who watch NASCAR and it s a lot more dynamic than I thought said Cadet John Clauff 14 One important factor to consider when choosing a sponsor is to pick one that makes sense Because of Trey Jarrell s age some cadets are looking to companies not traditionally associated with NASCAR We re looking toward smaller new kind of edgy companies explained Cadet Conner Mays 14 He s young so fans can identify in that aspect With every advertising class MacDonald has taught at VMI he has assigned a practical group project such as this Having worked in the marketing business for over 30 years before becoming a professor he brings a wealth of real world knowledge to cadets Case studies are fun but the thing cadets remember is doing it you don t just sit and listen to a lecture he said The task of formulating a plan to convince a

    Original URL path: http://www.vmi.edu/Content.aspx?id=10737429959 (2016-02-15)
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  • Virginia Military Institute - Reading Group Explores Behavioral Economics
    the Charles Koch Foundation Allen and Col Atin Basu both of the economics and business department were awarded 5 000 grants last year Affirming VMI s strong academic reputation the foundation contacted the professors directly and encouraged them to apply The grant has enabled Allen to add a one credit class to his normal teaching load In the class he leads a weekly reading group of economics and business majors who are discussing 2002 Nobel Prize winner Daniel Kahneman s book Thinking Fast and Slow Hopefully they are getting some new material I think most of this will be new content for them said Allen who pointed out that Kahneman is a psychologist so his viewpoint is different from what cadets usually encounter in their economics classes It gives them a chance in a less formal way to synthesize ideas they re talking about behavioral economics they might talk about accounting they re talking about other things they ve learned along the way The bridge between economics and psychology is indicative on a larger scale of the continuity the economics and business faculty are focusing on within their own department One of the things our department is working on is increasing the interconnectedness of our courses he said Synthesizing ideas from different courses is part of that work The goal is to develop critical thinking That is part of the business and economics department s mission That s a reflective process that takes time Allen explained Cadet Zachary Wilkinson 14 echoed this sentiment With a typical class its more about learning what and not the why With the discussion in our independent study we are able to more intensely study the why aspect of the concepts we are being taught he said It s like the difference between being able to drive a car and being able to build the engine for it From the perspective of the grant the Koch Foundation is pushing scholarly engagement after college Allen added The better they can think period the better they re going to do at that He noted that opportunities such as this are scarce during the academic year and for many cadets are scarce even in the summer since military commitments or internships may prevent them from engaging in long term projects that require summer research Beyond the weekly meeting cadets are formulating research proposals based on their reading and discussion Since all are 1st Class cadets this could be a starting point for post graduate work When you have to write up a prospectus it forces you to individualize what you re thinking about and form a question said Allen In a recent group meeting Cadet Zachary Wilkinson recapped Kahneman s description of how the brain handles different tasks System 1 said Wilkinson is the gut reaction and System 2 a problem solving approach Allen followed up by remarking that this work has been influential in behavioral economics If you can understand how people behave then you can understand

    Original URL path: http://www.vmi.edu/Content.aspx?id=10737429981 (2016-02-15)
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  • Virginia Military Institute - New Class, New Grant Enhance ECBU Curriculum
    is designed to help cadets understand how the complex interplay of laws and social systems affects a nation s economic development Sixteen cadets all 1st and 2nd class cadets majoring in economics and business are enrolled this fall Within the field of economics Dimitrova Grajzl said institutions are defined as the combination of formal rules laws political systems informal constraints religious beliefs norms or more broadly what we refer to as culture and organizations that together affect economic behavior Together she explained these forces create the rules of the game or the framework within which economic activity must be conducted In class Dimitrova Grajzl encourages her students to explore questions such as why taking one country s laws for example and using them in another country might not spur economic activity Sometimes the rules will not make sense in the context of the culture she said Other topics include corruption and bribes the role of religion in economic growth and the relationship between a country s colonial origins and its present pattern of economic activity In lieu of a final exam cadets are required to produce a research paper in the area of institutional economics To prepare for this Dimitrova Grajzl s students read papers written by working economists and published in professional journals Dimitrova Grajzl also schedules computer lab time so cadets can use an econometrics software program and she requires that they visit the Institute s Writing Center for help with their papers I m really trying to take all the foundation that all of their other classes have taught them and apply it said Dimitrova Grajzl I want them to see how it s actually extended to an application of all the theory Dimitrova Grajzl s colleague Col Tinni Sen is teaching an existing class with a new twist writing intensive International Finance This year thanks to a grant Sen received from the VMI Center for Undergraduate Research students have been allowed to pick a country and write short papers about the various aspects of international finance in that country At the end of the semester the cadets will compile that information into a long paper Previously all paper topics in the course were assigned by Sen so the topics were much less open ended I want them outside their comfort zone said Sen of the move to require more independent research by the cadets With that goal in mind Sen asked her students to choose a country that they knew little about but one for which good economic data is available In the end cadet choices included Israel Brazil China Argentina and Russia My guess is that it s going to be a harder class than it has been in the past but it s also going to be more interesting because they re going to take ownership of the country said Sen That ownership she hopes will translate into a deeper interest and a correspondingly deeper level of learning When they walk out of class

    Original URL path: http://www.vmi.edu/Content.aspx?id=10737429948 (2016-02-15)
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  • Virginia Military Institute - New Concentration Adds International Perspective to ECBU
    business majors will have the opportunity to sign up for a concentration in global management The new concentration was approved last spring by VMI s Academic Board To earn the global management concentration cadets must choose four out of six electives International Business International Marketing International Finance International Trade Developmental Economics and Institutions and Economic Development Study abroad may be substituted for one of those courses There are also five international studies courses that may be substituted for one of the ECBU courses with the department head s approval The global management concentration was conceived as a way to align the curriculum with the needs of today s business world said Lt Col Ray MacDermott associate professor of economics and business and one of the chief architects of the new concentration In putting together the concentration we were trying to achieve two goals he said The first was to allow or even encourage cadets to focus their economics and business electives on global management Second the concentration serves as a signal to future employers of this preparation The need to strengthen VMI s offerings in the area of global economics was first pointed out by the department s accrediting agency the Association to Advance Collegiate Schools of Business International during a visit in the 2009 10 school year explained Col Bob Moreschi professor of economics and business and now department head At that point Moreschi noted the only internationally oriented classes the department offered were international finance and international economics We were kind of light on international courses he acknowledged Moreschi explained that the need to offer more internationally focused courses has had an effect on hiring within the department over the past few years In hiring we want the best candidate he said But with all other things being

    Original URL path: http://www.vmi.edu/Content.aspx?id=10737429950 (2016-02-15)
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