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Pro-Am-Sell-Athon National Winner
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20140412-IMG_0129-2.JPGSenior, Kristina Crilley took first in the Nation winning the Pro-Am-Sell-Athon ​in Miami, Florida on April 12, 2014​. Crilley beat out 300 other students competing in the Pro-Am. She is the second consecutive student from Zeta Nu to win this award, and is now considered the top sales person in the United States to recruiters, and all 67 other Pi Sigma Epsilon Organizations across the country. She also took second place as Top Sales Project Manager in a different category in the competition. Saginaw junior Ryan Williamson followed Crilley with fourth place in the Pro-Am, with this being his first time ever competing in a sales competition.


These were not the only awards that Zeta Nu brought home. Jeremy Cooper, Lauren Dworzanin, Ashley Fennell, and Matt Russo also placed in the top 20.​ Lowell junior and Zeta Nu president Tyler Wallner, won a $1,500 scholarship from Vector Marketing, and Adam London was awarded second place for Top Sales Project. This is the most awards that Zeta Nu has ever brought home from a competition, and this is also a true testament that hard work pays off! 

Congratulations Everyone!



Central Regional Pitch - Shark Tank Style

Sparking
innovation and business creation, the “Central Regional Pitch – Shark Tank Style” brings together entrepreneurial students from participating schools in the Central Regional of Michigan, as well as the educators, investors, and start-up business support leaders to engage with students, listen, and provide feedback.  Students compete for $ 1,500 in cash prizes plus in-kind support services from CMURC and MidMichigan Innovation Center. ​​​

Seven teams competed for $1,500 in cash prizes as well as start-up services from MidMichigan Innovation Center and CMURC. Winners are as follows:​

  • 1st Place Pitch - Andrew Russo, Gone Beachin' (CMU)
  • 2nd Place Pitch - Jayson Schepers, Schwepps Pets (FSU)
  • 3rd Place Pitch - Rene Torres', Retracting R' Us (Delta)

Dr. Weirich on special assignment with General Motors' Global Audit Area
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Dr. Weirich, currently on sabbatical, Spring 2014, is conducting research on SAP/GRC (Governance, Risk, & Complian​ce) and will be developing materials for the auditing program at CMU. He will also be attending a week- long conference on SAP/GRC issues. During part of his sabbatical, Dr. Weirich will be on special assignment at General Motors where he will be observing and participating in IT control evaluations with GM's internal auditors with an emphasis on SAP/GRC issues.

The SAP/GRC conference and hands-on experience at General Motors will provide Dr. Weirich the opportunity to enhance t​he knowledge of CMU's business students while continuing to advance CMU's premier leading SAP University Alliance Program which leads the nation in SAP Certifications.

Previous sabbaticals of Dr. Weirich included serving as the Academic Accounting Fellow in the Office of Chief Accountant at the U.S. Securities & Exchange Commission in Washington DC. He also had a sabbatical with a major international accounting firm in Chicago where he participated in fraud investigations in the Business Fraud and Investigative Services Division of the firm. ​

His research appears in many accounting and business journals including; Accounting Horizons, The CPA Journal, The Internal Auditor, Strategic Finance, and the Managerial Auditing Journal. He co-authors four textbooks including the most recent text- Maximizing Return on Investment Using ERP Applications that provides a new way of looking at enterprise resource planning (ERP) -driven business improvement programs.

Student Placed Top 5 in National Collegiate Sales Competition
During the weekend of March 28th, CMU sales students competed for the first time at the National Collegiate Sales Competition (NCSC) hosted by Kennesaw State. The mission of the NCSC is:

  • To promote the sales profession as an honorable and viable career option for college graduates
  • To present an opportunity for Corporate Sponsors to preview and interact with top collegiate prospects
  • To furnish a venue for highly talented and qualified students to exhibit and enhance selling skills on a national stage
  • ​To provide a venue for students, professors and sales executive to share sales philosophies, techniques, and educational methods

This is considered the most competitive and prestigious sales competition in the US by sales faculty, sales managers and sales recruiters. In this event the schools only bring their top 2 sales students​ (70 universities, 140 students). CMU has been on a waiting list for  2 years to compete and we finally got to attend; this speaks to how competitive it is.  Ashley and Taylor were chosen by Sales Advisor/Professor Ken Cherry to represent CMU as they exemplify what our sales program is all about in terms of engagement, sales skills and smarts.

  • This was Taylor's first competition (she's a Health Admin Major/Sales Minor), she made it to the quarterfinals and placed in the top 50! 
  • Ashley Fennel was recognized as one of the top 5 sales students in the US.
  • ​CMU was recognized as the #6 sales program out of the 70 participating schools.

One of the best things that Taylor and Ashley did was get CMU an automatic bid by their high placement, which means that they have opened the door for future sales Chips to compete.


Over $75K ​Awarded, 7 Grueling Months, 21 Teams, 
2 Universities

Led by the CMU College of Business Administration's Isabella Bank Institute for Entrepreneurship, 21 teams competed for $75,000 in venture capital funds March 28th.

The New Venture Competition extends over seven months, includes twelve workshops with experts who assist students in building their business model using the Business Model Canvas.  The grand finale is a three round competition and a speed pitch competition in front of expert judges who select the teams earning capital for their business development. ​

Teams represented students in eleven different majors and two universities (CMU and MTU).  More than fifty judges comprised of CMU alumni entrepreneurs, business and community leaders, angel investors and venture capital experts supported the competition. A total of 15 teams from past New Venture ​Competitions are still in business.


​2014 NVC Winners
 
AWARD VALUE TEAM UNIVERSITY
Best Overall Venture $30,000 UnCorked CMU
Best Social Venture $10,000
Sinfonia Marching Exposition
CMU
Highest Growth Venture $10,000 Beergo CMU
Best Technology $10,000 Garden Mobile CMU
Most Impact on Michigan​ $10,000 Second Cut Arrow CMU
Best Lifestyle Venture $5,000 Homecrest Coffee Roasters CMU
Spirit of Entrepreneurship "Right Choice Program" Divinare & Gone Beachin, LLC MTU / CMU
1st Place Pitch
$1,000 Garden Mobile CMU
2nd Place Pitch
$500 Just For Students CMU



3rd Place Pitch
$250 Gone Beachin, LLC CMU​





​​Mergers & Acquisitions Competition Winners

These three students represent the CMU team. The CMU team won fourth place out of 15 teams from various universities in the Mergers & Acquisitions competition that was organized by the Association for Corporate Growth in Western Michigan on February 15, 2014. The three students from left to right in the image are: Kris Lawrence, Jacob Ulreich, and Nicholas Jaros. They were sponsored by their fa​culty advisor Vigdis Boasson. "Although this is our university's first time to participate in this kind of real-w​orld Mergers and Acquisitions competition, the three did remarkable well in front of all the judges formed by real world investment bankers. They gave an excellent performance as a team in dealing with unanticipated and tough questions from real-world investment bankers." -Vigdis Boasson
We are very proud, Congratulations! 


​2nd Annual ERPsim Invitational Competition


Twenty teams made up of 4-5 CBA students along with a company mentor participated in the 2nd Annual ERPsim Invitational Competition held February 21 on the CMU's campus.  ERPsim is a simulation game that runs on a real SAP ERP system.  Each team manages a company in a simulated competitive market.  Twenty teams input operational decisions and monitor business performance.  The winner of the game is the team that accumulates the most net profit in dollars.  ERPsim is a game, but it also helps students to gain insight into business process management and business decision making.  Sponsoring companies included GM, Rockwell Collins, 3M, Harley-Davidson, Volkswagen, Consumers Energy, Ernst & Young, Haworth, Blue Cross Blue Shield of MI, Dow corning, Deloitte & touché, Dow Chemical , Steelcase, Vera Bradley, Auto-Owners, PricewaterhouseCoopers, Tata Consultancy Services, Dayco Products, and Thomson Reuters.
 
Each Student had a specific job assignment:
1. PLANNING MANAGER – Forecasting, Execute (Run) MRP Processing, Purchase Order Creation.
2. LOGISTICS MANAGER - Stock Transfers between Main WH and DCs, select stock allocation approach.
3. STOCK MANAGER - View Stock issues resulting from larger POs, increased sales price, transfers, etc.
4. PRICING MANAGER - Calculate and Maintain the optimal price for each product and region
5. SALES MANAGER – Monitor Sales Orders, Orders Received, and Financial Statements to-date.  
The company mentor provided insight and guidance in making business decisions during the 3 rounds.
 
The event began with a banquet and was followed by three simulation rounds.  After each round, the results were displayed for everyone to review.  Each team had a member of CMU social media assigned to them for posting live tweets on twitter.  After the competition was complete and the winner declared, there was a “meet and greet” where sponsoring companies had the opportunity to meet the many students participating at the event.
 
This year’s winner was the Ernst & Young team which accumulated a net profit of $256,874 and was followed closely by Vera Bradley ($246,388) and Consumers Energy ($237,536).   The five Ernst & Young team members were Ryan Vanneste, Ashley Hall, Zihuan Li, Zachary Mottes, and Jeremy Primeau. Students finishing in the top 5 received scholarships of varying amounts.   Next year's 3rd Annual ERPsim Invitational Competition is already being planned for late February 2015.​

1st Place in Midwest Regional Case Competition

Saturday, February 15th, Central Michigan University's Zeta Xi chapter of Alpha Kappa Psi participated in the Midwest Regional Case Competition in Chicago.  The Zeta Xi team won 1st place overall for the 2nd time in 3 years, besting teams from nearly 20 universities, including University of Michigan, University of Chicago, and Michigan State University.​

Our congratulations go out to the winning team:

Senior, Alex Kanya – Marketing and Logistics; Northville, MI

Senior, David Tjalsma – Economics and Finance; Ionia, MI

Junior, Charles Hess – Information Systems and Finance; Chelsea, MI

Sophomore, Lindsey Mason – Marketing and Logistics; Canton, MI

This case revolved around Cadbury Schweppes' 2002 acquisitions.  Participants had to decide whether to make a bid, analyze industry data to come up with a final bid price, and develop an implementation strategy.  A four page written report was to be completed, along with a 35-minute presentation and Q&A session.  CMU's Zeta Xi team gave a final bid price of $4.1 billion, and created an implementation plan with a financial analysis centered on creating an innovative global corporate structure and culture.

Kanya, a past competition winner, explained why he enjoyed competing so much.  "It gives us a chance to apply everything that we learn in the classroom," he said, "and doing so well shows that we can compete with more prestigious schools.

The students were advised by Dr. Vigdis Boasson, a CMU MBA finance professor; Mr. Keith Goodwin, a distinguished alumni from the College of Business; and Mr. Chris O'Brien, Chairman of Axiem International with experience in M&A. Keith Goodwin had only praise for the winning team, "I was highly impressed by the personal initiative, hard work, teamwork, and leadership shown by this team.  Most impressive, however, was their result."

Alpha Kappa Psi is the oldest and largest professional co-ed business fraternity. Their Zeta Xi chapter has been active on CMU's campus since 1964, assisting with the Alpha Kappa Psi Career Fair and other campus projects.  They focus heavily on professional development and networking within the College of Business.

CMU Excellence in Teaching A​ward


Last Thursday, February 13th our own Professor Adam Epstein was visited in his class by members of the university's Excellence in Teaching Award Committee. He was selected as one of five professors university-wide to receive this competitive honor. This is the first time that anyone from the Department of Finance and Law has received this honor. Engaging students, building a sense of community, increasing knowledge, while creating clear and high expectations are some of the criteria that earns one an excellence in teaching award. Adam Epstein will be recognized at spring graduation with the other awardees. Along with a sum of money in professional development funds and a plaque placed in the library for years to come. Congratulations Adam we are so proud! 


Students Place 2nd in National Supply Chain Competition​

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On November 7th and 8th, CMU participated in the 5th Annual Donald J. Bowersox 2013 Supply Chain Challenge at Michigan State University.  The undergraduate student competition was sponsored by Northrup Grumman, the GM Foundation, ConocoPhilips, Ford, Dow, John Deere, Norfolk Southern, Shell, and ArcelorMittal.  CMU Team consisting of Alex Kanya, John Savu, Sydney Smigiel, and Derek Goryl participated and competed in the two-day event.  The competition included top academic institutions across the U.S. 

The first day of the event provided students the opportunity to learn about the simulated supply chain environment in which they would be competing.  In the simulated environment, teams were tasked with making decision regarding procurement and sourcing, production and scheduling, and distribution network design. The goal was to develop a global supply chain that resulted in four key outcome variables: highest total revenue, highest supply chain contribution (profits), highest demand fulfillment, and highest annualized FG inventory turnover.

The competition started Friday morning, when all teams in the competition were given a new simulated environment that was more complex than the previous introduction module.  Each team had four hours to complete 13 weeks of simulation.

After a lunch, the results were displayed and the CMU team came in second place (just slightly behind Northeastern) of the 15 participating institutions.   This is truly a great accomplishment.  For their hard work, the CMU team received a cash prize of $1,000 that was generously donated by the sponsors.


Students Place 1st at Ball State Regional Sales Competition

CMU Team 2.jpgStudents from left to right: Adam London, Ashley Fennell, Tyler Wallner, Lauren Dworzanin, & Kristina Crilley

Seniors Adam London and Kristina Crilley took 1st place in their respective competitions at the Ball State University Sales Competition on Friday, October 4th in Muncie, Indiana. The CMU team, consisting of London and Crilley, along with Senior Ashley Fennell, Lauren Dworzanin and Tyler Wallner, continued our Chippewa winning streak at this competition. These five students worked very hard to prepare for the event, including over 10 hours of preparation and 2 filmed training role plays with the faculty advisor Ken Cherry prior to the event. 

"I'm really proud of our sales students and they won their respective rooms. They beat students from Ball State, Purdue, Indiana University, Cincinnati, and Bowling Green University. They put four of our students in one of the 7 rooms - I believe if they had not, we would have won all the competition rooms. It was a great experience and they got to work on their sales skills, education and network with several potential sales employers. They did a great job."

-Ken Cherry, Faculty Advisor


Educational Program of the Year

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Central Michigan University’s New Venture Competition has been named the Educational Program of the Year by Automation Alley, Michigan’s largest technology business association. The association honored the best and brightest technology organizations and their leaders at its 13th annual Awards Gala in Dearborn.

“This award is a testament of our efforts to energize, educate and prepare students to start a business venture,” said Chuck Crespy, dean of CMU’s College of Business Administration. “Today we have more than 15 companies in business as a result of the New Venture Competition and through the support of those who assist us in educating, inspiring and mentoring these young entrepreneurs.”

As Educational Program of the Year, the College of Business Administration’s Isabella Bank Institute for Entrepreneurship’s New Venture Competition was recognized for positively impacting the region’s skilled labor market, identifying a mutually beneficial partnership between education and business and showing a strong desire to engage adults in technology.

Crespy and Deb Zellner, executive director of the Isabella Bank Institute for Entrepreneurship, were honored to receive the award for CMU.

“This recognition acknowledges the combination of our unique entrepreneurship curriculum with experiential opportunities maximizing students’ potential to launch a business,” said Zellner. “We look forward to having an even greater impact on student startup efforts throughout the state.”

The New Venture Competition awards more than $65,000 in startup capital and in-kind services each year to student business ventures. Since its inception three years ago, the competition has helped more than 250 aspiring entrepreneurs from CMU and Michigan Technological University. The next competition is March 28, 2014.


Enterprise Marketing Intern ​Awards



CBA Marketing student’s Anthony Attard, Jason McKisson, Chelsea Kessler, Maddie Murray and Mark Halberg did extremely well at Enterprise Rent-a-Car’s First Intern Presentation and Scholarship Ceremony on August 14th. As part of their internship, students make a presentation to their respective management teams covering the business topics they learned throughout the program. The best presentations are awarded scholarships.   


Our students took all but one of the scholarship prizes which were awarded. They were also offered the opportunity to come on board as Management Trainees upon graduation. Mark has already accepted the offer and the rest are considering it as they complete their senior year. 



Share the Knowledge Tour

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SAP University Alliances, Interaction-Design Foundation (IDF), and Central Michigan University are pleased to announce the Share the Knowledge Tour will stop at Central Michigan University’s Warriner Mall between Grawn and Smith Halls on Friday, July 19th, 2013. Hear Max Peer’s story of his 4 year, 35,000 mile bike and canoe journey to promote a more sustainable world through open access to quality educational materials.

Max is biking and canoeing more than 35,000 miles across the globe to promote open access to learning materials.  Hear his story and learn about the cutting edge technology that makes it possible as the Share the Knowledge Tour makes its stop at CMU’s Warriner Mall at 2pm on Friday, July 19th.  Along with meeting Max, you’ll also learn how to get free access to textbooks, images, and videos made by the world’s technology elite and you can register at the event to become a free member of the Interaction Design Foundation. 

Education is the single most powerful way to lift people out of poverty and change lives, and Max will share this vision at every stop. Check out the bike tour website.​


World Champions in the ERPsim 5th International Competition

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Four SAP business management software students from the Central Michigan University College of Business Administration are world champions after winning the fifth annual International ERPsim Competition on June 12, 2013. CMU’s team competed against teams from 156 universities from around the world to qualify for the final round. Ten teams from universities such as Colorado State University, Purdue University and Universitas Islam Indonesia competed virtually from their campuses.

CMU team members Ashley Hall of Taylor, Ryan Vanneste of Washington, Jeremiah Primeau of Auburn and Nicole Ladouceur of Escanaba won CMU’s first annual ERPsim Invitational competition on campus this spring. Consumers Energy sponsored the team at CMU’s competition.

ERPsim is a simulated competition replicating a high-stress business environment. During the competition, students run their business using SAP, the world’s leading business enterprise software. More than 38,000 companies in 120 countries, as well as 850 of the Fortune 1,000 companies, use the software. CMU is a world leader in SAP certification.

The championship event was hosted by the ERPsim Lab at HEC Montreal, one of Canada’s leading business schools.

“To be successful you have to want it as much as you want to breathe,” Vanneste said after the competition. “As a team, we were at that point today. We wanted to be successful that much.” College of Business Faculty Dana McCann said the simulation brings together every aspect of business. “This experience is not just teaching students how to use SAP software,” said McCann. “They’re learning about the integration of all the business processes and the impact all business disciplines have on running a company and how one decision can affect the whole organization.”

The four students each received a $500 scholarship from the College of Business Administration. 


CBA Enactus


CMU's College of Business ENACTUS chapter (formerly SIFE) placed 1st in the regional championship in Chicago.  This is the 1st team from CMU to achieve this great accom​pli​shment.​ Enactus is a community of student, academic and business leaders committed to using the power of entrepreneurial action to transform lives and shape a better more sustainable world.

DECA State Career Development Conference

Please congratulate our CBA students who recently participated in the DECA State Career Development Conference. Scott Walbrun, Shawn Qualls and Margaret Ballor placed third overall in the Business Law team. Autumn Warman and MacKenzie O'Donnell were finalists in the International Marketing case study.

5th International World ERPsim Competition


Congratulations are in order for four CMU SAP students who just competed in the 5th International World ERPsim Competition Qualification Round this week against teams from 156 other universities from around the world. The CMU College of Business Administration’s Championship team at this year’s World Qualifying Round is this year’s 1st Annual ERPsim Invitational Championship, “TEAM CONSUMERS ENERGY,” consisting of Ashley Hall, Ryan Vanneste, Jeremiah Primeau, and Nicole Ladouceur.


The students are now invited to Montreal to compete against the other nine universities on June 13.  There will be four students, plus three or four faculty that will also be attending the Championship Final Round. Thank you for participating last February at our 1stAnnual ERPsim Invitational Competition.  Now, wish them luck as they go to Montreal to compete in the world finals.​


**UPDATE**


The winning team from our 1st Annual ERPsim Invitational Competition this past spring recently competed in qualification rounds against teams from 156 other universities from around the world. The CMU College of Business Championship team took 1st place in the qualification competition.

This same team consisting of Ryan Vanneste (Team Captain), Ashley Hall, Jeremiah Primeau, Nicole Ladouceur (alternate), and Dana McCann (Faculty Coach) will be competing in the 5th Annual International ERPsim Competition virtually from CMU. Live streaming of the CMU team will be visible in the gathering area as well as updates from HEC Montreal as each round is complete.


Schedule of Events:

Wednesday, June 12, 2013

4:00 pm – 4:45 pm Gather in Grawn Hall, ABSC 150, for Refreshments and Intro

5:30 pm – 7:00 pm Competition

7:00 pm Winner Announcements and Celebration


New Venture Competition Ambassadorward

The NVC Ambassador Award is given to the individual who contributes most to inspiring entrepreneurship throughout the New Venture Competition process. The recipient has shown continued dedication to the success of the NVC through mentoring and coaching, support of time and resources to workshops, and pursuance of academic and external resources support. The award was given to Tom Rohrer, Director of the Institute for Sustainable Systems, College of Humanities and Social and Behavioral Sciences.​​​

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