BS Business Management News 

Brigham Young University’s Marriott School of Management honored Steven R. Thorley with its 2007 Outstanding Faculty Award, the highest faculty distinction given by the school. The award was presented at a banquet March 21 where the school also recognized 11 other individuals who have made significant contributions.

Rock, paper, scissors, GO! April 6 marks the day of what a group of Brigham Young University students hope will be the largest rock, paper, scissors competition on record. The event will take place from 4 to 7 p.m. on the Deseret Towers field. Hosted by BYU’s Collegiate Entrepreneur’s Organization, the competition is open to the general public and intended to make it into the Guinness World Records.

Calle, a company that wants to be a premier brand for street soccer players, was named winner of the 2007 Business Plan Competition and accepted a $52,500 award of cash and in-kind services. Since the competition’s submission process began in November, Calle worked to stand out from almost 140 idea pitches, 43 original business plans, eight semi-finalists and finally three final teams that presented their business plans March 30.

One might not expect an American Catholic priest living in the slums of Bangkok and BYU students to have much in common. But Father Joe Maier, founder of the Human Development Foundation, and seven students enrolled in the Marriott School field studies program found common ground as they worked together to better the lives of Thai children.

Six BYU undergraduates will shortly begin new internships thanks to an unconventional internship competition sponsored last month by the Marriott School Undergraduate Management office. The competition, loosely based on the popular TV show “The Apprentice,” showcased participants’ interviewing and presenting in front of an audience.

BusinessWeek magazine ranked Brigham Young University’s undergraduate management program eighth overall and second among recruiters in the most comprehensive ranking of U.S. undergraduate business programs to date. The school was also ranked first in return on tuition for private colleges. The magazine cited the program’s ethics-based education and high-caliber recruiters as strengths.

A team of five MBA students from the Marriott School of Management won first place in the wild card round of the Venture Capital Investment Competition, held Jan. 19 at Santa Clara University in California. “It was an intense two-day competition, and we didn’t sleep much,” says Dan Hemmert, a second-year MBA student from Orem, Utah, and a member of the team. “Everybody helped out, though.

A Marriott School student majoring in finance won first place for his analysis and recommendations in the second annual In Any Case, Change competition presented by BYU’s Dyer Institute for Leading Organizational Change. The competition invited students taking organizational behavior classes to submit solutions for individually selected business cases that dealt with organizational change.

A Brigham Young University graduate student and alumnus both earned kudos for their top-scoring performances on the Certified Internal Auditor exam administered by the Institute of Internal Auditors. Eric Hatch, a graduate student in accounting at BYU’s Marriott School, earned the William S. Smith Student Highest Achievement Award for his top score on the exam given last May.

Three Marriott School students came out on top for their case presentation to a panel of judges in the first-ever FTI Case Competition Nov. 3. Teams of three to five students were asked to analyze a case and present their recommendations to a panel of judges from the Marriott School and FTI Consulting.

A pair of Marriott School students proved to be the winning combination at the University of Arizona Eller College of Management’s 2006 International Ethics Case Competition. Philip Arias and Sarah McMullin, both undergraduate students at BYU’s Marriott School of Management, earned first place at the fourth annual ethics competition.

Cougar Capital, a student-run investment fund at BYU’s Marriott School, saw its first investment significantly outperform projections when the company’s stock closed on its opening day at 57 percent above its initial public offering. Riverbed Technologies, the company in which Cougar Capital invested, specializes in the production of Steelhead appliances, which address latency and bandwidth problems that computer network applications often experience.

Brigham Young University students Tim Wessman and Adam Robertson took second place in the recent Fortune Small Business Student Showdown in New York City with their surveying company, Precision Surveying Solutions. The competition admitted 38 student entrepreneur teams from universities across the country who presented their unique business ideas to a nine-judge panel.

For the second time in three years, a team of Brigham Young University students took first place at the Center for International Business Education and Research Case Challenge Nov. 1–3 at The Ohio State University. Teams from 12 universities, some as far away as New Zealand, took part in the annual competition, where undergraduate business students presented their solutions for a given business case to a panel of judges.

An increase in the stock market's overall performance, like the one that took place in October, can turn inexperienced investors into trade-happy amateurs, according to Brigham Young University business professors in a study published in The Review of Financial Studies. "When investors start off in the market, they tend to trade pretty conservatively," said Steven Thorley, the H. Taylor Peery professor of finance at BYU's Marriott School of Management. "In periods where the overall stock market performs well, they see a good return on their portfolio and figure they are good at picking stocks, so they start to trade more frequently."

Brigham Young University’s master of business administration program provides graduates with the country’s fastest return on their financial investment, according to BusinessWeek magazine. As reported in this week’s issue of the magazine, BYU MBA graduates take less than four years to pay off their education, compared to 14 years for Harvard graduates and 15 years for those from MIT. The reason? BYU’s Marriott School of Management charges a relatively low tuition and students command very competitive salaries at graduation, says Joseph Ogden, Marriott School assistant dean.

Texas transplant and BYU business management professor Andrew Holmes was recently profiled by BusinessWeek Online as students’ favorite professor at the Marriott School of Management. The article is one in an ongoing series by BusinessWeek Online highlighting business professors who rate exceptionally well with students.

The Wall Street Journal ranked Brigham Young University’s Master of Business Administration Program third among regional schools in the paper’s 2006 report of top business programs, up from sixth in 2005. The Marriott School was listed second as the best place to hire MBAs with high ethical standards.

Precision Surveying Solutions is featured on CNNMoney.com as one of 12 semifinalists in Fortune Small Business’ fourth annual business plan competition. The company, owned by MBA student Adam Robertson and Tim Wessman, took second place in BYU’s 2006 Business Plan Competition. The article on CNNMoney.com displays a brief overview of the twelve semifinalists; readers are asked to vote on their favorite.

Brigham Young University is ranked 70th in U.S.News & World Report's annual survey, "America's Best Colleges," with the Marriott School of Management's undergraduate program ranked among the top 50 in "Best Business Programs," coming in at 37th. The Aug. 28 issue of U.S.News & World Report, which hits newsstands Monday, ranks about 1,400 four-year accredited colleges and universities by mission and region.