Diversity MBA recognizes Darren Henry among its 2017 Top 100 under 50 emerging and executive leadersDiversity MBA, a national leadership organization integrating diversity and inclusion with talent management, has named Darren Henry to its eleventh annual list of the Top 100 under 50 emerging and executive leaders with advanced degrees. Henry, who earned his BS in mechanical engineering from Purdue in 2002 and a MBA from the School of Management in 2007, is director of Krannert diversity initiatives and the Dr. Cornell A. Bell Business Opportunity Program (BOP), which celebrates its 50th anniversary in 2018.
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- Krannert highlights diversity as host of leadership seminarHundreds of high-achieving, pre-qualified prospective MBA students will come to Purdue University’s Krannert School of Management July 28-30 as part of a pre-MBA prep seminar designed for African-Americans, Latinos and Native Americans. Management Leadership for Tomorrow (MLT) organizes the Pre-Application Seminar annually as part of its MBA Prep Program. MLT is a nonprofit dedicated to equipping underrepresented minority students with the skills, coaching and connections needed to lead organizations and communities worldwide.
- Economists find setting goals could improve student performanceBalancing the need to provide an affordable, accessible education with a commitment to transforming students’ lives and preparing them for the future is an ongoing challenge in higher education. New research from economists at Purdue University’s Krannert School of Management finds that task-based goal setting can help on both fronts as a low-cost and logistically simple approach to improving students’ course performance.
- Faculty research examines negative impact of economic policy uncertaintyIf there is one thing certain about U.S. policy in turbulent times, it is uncertainty. From health-care and tax reform to trade and the environment, the economic consequences of stalled policymaking have significant economic implications. According to research by Huseyin Gulen, a professor of finance at Purdue’s Krannert School of Management, the impact on corporate investment is particularly negative, both from a short- and long-term perspective.
- When Big Brother shouts 'Shotgun!' our roads may be safer.Drivers who know their insurance companies can record their every move improve their driving habits.
- Former dean Rick Cosier takes part in civic leader flight at Grissom Air Reserve BaseThe United States Air Force (USAF) recently recognized Rick Cosier, dean emeritus of the Krannert School and Leeds Professor of Management, for his role as academic director of Purdue’s Entrepreneurship Bootcamp for Veterans with Disabilities (EBV). Cosier was among 19 civic leaders from central Indiana invited to Grissom Air Reserve Base on June 6, 2017, to fly aboard a KC-135R Stratotanker on an hour-and-half mission of a B-52 Stratofortress along an aerial refueling track over western Kentucky and Missouri.
- Krannert students create startup to provide coaching, acclimation guidance to Chinese students, visiting parentsIncoming Purdue students from China who are learning about a new culture have a new resource in a Purdue-affiliated student startup offering personal coaching services. We-YouBond allows incoming students from China and their parents to sign up for a service that offers one-on-one coaching with an experienced student on topics ranging from study habits to local housing.
- Krannert faculty recognized for summer enrollment increasePurdue’s Division of Summer Session recently recognized a trio of Krannert faculty members for achieving the largest enrollment increase of any summer course at the University. The course, Strategic Management (MGMT 45100), is taught by Richard Makadok, the Brock Family Chair in Strategic Management; John Burr, continuous term lecturer; and Tom Brush, senior associate dean and head of the Department of Management.
- Krannert faculty, ITaP staff earn honors for hybrid Weekend MBA programA veteran Krannert professor and two instructional designers from ITaP were honored for their innovations in teaching and learning technologies as part Purdue’s recently restructured Weekend MBA program. Introduced in 2016, the 21-month hybrid program features two-thirds on-campus instruction and one-third online work, meaning participants only need to travel to campus twice a month for classes. Charlene Sullivan, a longtime professor of finance, received a 2017 Award for Excellence in Distance Learning: Course Design and Technology at Purdue’s faculty awards convocation in April for her work on Financial Management (MGMT 61000), which is part of the Weekend MBA program’s core curriculum.
- Deere and Co. CEO, Krannert alum Sam Allen receives honorary doctorate during Purdue commencementPurdue University awarded an honorary doctoral degree to Deere and Co. CEO and alumnus Samuel R. “Sam” Allen during spring commencement ceremonies in May at the West Lafayette campus.
- Krannert undergrad reflects on benefits of research and poster symposiumThe 2017 Undergraduate Research and Poster Symposium held on April 11 in the Purdue Memorial Union may technically have been only a one-day event, but for the students who participated, it represented countless hours of learning first-hand how research contributes to the advancement of human knowledge.
- PowerShift Case Competition celebrates inaugural gender-focused competitionOn Friday, April 21, 14 teams of Purdue students met in the Krannert School of Management for the inaugural PowerShift Case Competition, sponsored by Accenture, the Jane Brock-Wilson Women in Management Center, Purdue Libraries and the Susan Bulkeley Butler Center for Leadership Excellence.
- High-performing students join elite groupThe Krannert School of Management recently inducted 19 members into Beta Gamma Sigma, an international business fraternity. The organization has more than 750,000 members worldwide, representing government, corporate, nonprofit and educational management positions in the United States and around the world.
- Purdue MBA team wins Big 10 Plus Case CompetitionA talented team of Krannert MBA students took first place at the Big 10 Plus Case Competition at Ohio State University on April 2, besting universities including Illinois, Iowa, Maryland, Michigan State and Ohio State.
- Boilermakers by the Bay symposium to be streamed live on FacebookRegistration for the Krannert School of Management’s “Boilermakers by the Bay: Internet of Things” symposium in San Francisco, California, on April 18 has reached capacity and is now closed, but all Purdue alumni, friends and corporate partners can still take part by watching a live stream of the event on Facebook.
- Purdue’s Classroom Business Enterprise program to celebrate entrepreneurial efforts of Indiana studentsStudents from Indiana elementary and middle schools will demonstrate how they have learned to harness economic skills and innovation to create a successful business at the Classroom Business Enterprise (CBE) Showcase at Purdue University’s Krannert School of Management on April 12.
- 2017 Best 40 Under 40 ProfessorsTwo Krannert professors have been named in the “2017 Best 40 Under 40 Professors” by Poets & Quants, a website dedicated to business school news. Fabrice Lumineau and Mohammad Rahman made this year’s list. They join Xiaoyan Zhang, who made the list in 2014, in receiving the honor.
- Karthik Kannan among three Purdue faculty named as Jefferson Science FellowsThree Purdue faculty members have been selected as Jefferson Science Fellows. Peter Hirst (Horticulture), Karthik Kannan (Management) and Sonak Pastakia (Pharmacy) have been named to the 2017-18 class of Jefferson Science Fellows, an initiative of the Office of Science and Technology Adviser to the U.S. Secretary of State.
- Young students take entrepreneurial lead in Classroom Business EnterpriseMintonye Elementary students in Lafayette, Indiana, are learning firsthand how to harness economic skills and innovation to create a successful business through the hands-on Classroom Business Enterprise (CBE) program. Throughout the school year, Barbara Tilley’s third-grade students have worked together to plan, produce and sell two pioneering and earth-friendly products. Their hard work will be featured at the CBE Showcase on Purdue’s campus on April 12.
- University-wide PowerShift Case Competition to address real-world gender issuesGraduate students from other Purdue University colleges, schools and academic units are encouraged to take part in real world, gender-issue case competition designed to help them lead in a diverse and changing workforce and use their skills to generate solutions.
- Data analytics opening new doors for sports teams and business studentsSports analytics expert Dave Schrader discussed “The Golden Age of Sports Analytics” at a presentation in the Krannert Auditorium on Feb. 23 that highlighted the practical application of analytics and how those applications help teach and practice business skills.
- Krannert alumna Carolyn Woo joins Purdue as Distinguished President’s Fellow for Global DevelopmentCarolyn Woo was recenlty named Distinguished President’s Fellow for Global Development at Purdue University, She recently retired from serving as president and CEO of the Catholic Relief Services, the official international humanitarian agency of the Catholic community in the United States. Woo served with the organization from 2011-2016.
- Burton D. Morgan Business Plan Competition announces finalists as it marks 30 years at PurdueTen teams of Purdue students will put their best pitch forward in the hopes of winning a share of the $100,000 in prize money at the upcoming 30th annual Burton D. Morgan Business Plan Competition. The event will be held Tuesday (Feb. 28) at the Burton D. Morgan Center for Entrepreneurship. Team presentations run from 8:30 a.m. to 4 p.m. and are open to the public. An awards dinner will follow.
- Industry leaders talk global business practices, supply chain resiliencyPurdue University’s Krannert’s School of Management brought industry leaders to campus Feb. 17 to discuss the best practices in globalization. The conference focused on sourcing, manufacturing and distribution of products outside U.S. borders.
- Krannert professor Ellen Ernst Kossek says U.S. lags in workplace gender equality A Purdue University professor known internationally for her work and research in gender equity in the workplace believes female business leaders meeting at the White House in February was a good start. President Donald Trump and Canadian Prime Minister Justin Trudeau announced the creation of the United States-Canada Council for the Advancement of Women Business Leaders-Female Entrepreneurs. Ellen Ernst Kossek, the Basil S. Turner Professor of Management and research director of the Susan Bulkeley Butler Center for Leadership, said the issue goes beyond equity to being a serious economic issue.
- Tech Trek links master's students with alumni and IT execs in San Francisco Bay AreaSixteen students from various Krannert master’s programs (MBA, MSBAIM, MSHRM and MSF) trekked to the San Francisco Bay Area in early January to connect with Krannert alumni and their companies in the Silicon Valley region, California’s legendary hotspot of technology startups.
- Recent Krannert alums to return as “Rising Professionals” for Purdue’s Old Masters ProgramKrannert grads Karan Ahuja and Derek Mauk are among five young alumni who have shown success in their early careers and will return to the West Lafayette campus March 5-6 as part of the Rising Professionals program. Built as part of the Old Masters Program, Rising Professionals was developed to inspire current Boilermakers and give them the opportunity to interact with some exceptional recent graduates.
- 2017 National Economics ChallengeIt's time for teachers to prepare teams for the 2017 National Economics Challenge. This is a great opportunity to have your high school students compete for a chance to win scholarships, prizes, and more!
- Krannert’s Student Managed Venture Fund teams with Elevate Purdue Foundry Fund to make $160,000 investment in two startupsKrannert students taking part in an experiential learning course called the Student Managed Venture Fund have helped conduct business research and make investment recommendations for local startups.
- Purdue PromisePCEE director Dave Perkis, assistant director Harlan Day, and Herschel, the feisty puppet dog who stars in the Herschel's World of Economics videos, participated in the September 27 Purdue Promise Event.
- Krannert alumna becomes first Purdue graduate to be named prestigious Schwarzman ScholarKrannert alumna Jing Su of Daqing, China, has been named a Class of 2018 Schwarzman Scholar. She is the first Boilermaker to join this prestigious international program and one of only 129 students from around the world to be selected.
- PCEE's Teacher Advocate, Gina Boyd, Wins National AwardCongratulations to the Purdue Center for Economic Education's teacher advocate, Mrs. Gina Boyd, on her selection as a recipient of the prestigious Council of Economic Education's John Morton Excellence in the Teaching of Economics Award at the elementary school level.
- Krannert ranked among top 20 MBA programs by recruitersKrannert placed No. 17 nationally in the employer survey, the highest ranking for a school in Indiana. That survey is recruiter feedback on the skills they look for in MBAs, and which programs best equip their students with those skills, according to the Bloomberg website.
- Army veteran, Purdue entrepreneurial boot camp graduate wins national pitch competitionKirk Kudrna, U.S. Army veteran and graduate of the Purdue Entrepreneurship Bootcamp for Veterans with Disabilities, won first place at the 2016 Institute for Veterans and Military Families Virtual Pitch Competition for his mobile messaging app.
- Purdue wins final stage of case competition with IUPurdue University’s Business Information and Analytics Center (BIAC), in collaboration with the Krannert School’s Leadership Communication Studio, recently hosted a two-stage case competition in IT/Analytics with Indiana University’s Kelley School of Business. The judges selected a Purdue team as the winner of the competition, with the second place going to an IU team and third place to another Purdue team. Each team received cash prizes of $2400, $1200, and $600, respectively.
- Finance professor Huseyin Gulen to receive 2016 Jack Treynor PrizeKrannert finance professor Huseyin Gulen has been named one of three recipients of the Q-Group's 2016 Jack Treynor Prize, which honors superior academic working papers with potential applications in the fields of investment management and financial markets. Gulen was recognized for his paper "Extrapolation bias and the predictability of stock returns by price-scaled variables," which he co-authored with Krannert PhD student Stefano Cassella.
- Multimillion-dollar gift will renovate floor of Krannert for growing economics centerPurdue University alumnus Steven A. Webster and his wife, Linda M. Webster, have made a multimillion-dollar leadership gift to the Krannert School of Management. The pledge of $3 million will transform part of the third floor of the Krannert Building into the Webster Suite for the Purdue University Research Center in Economics, a fast-growing center in need of office and research space.
- PURCE AnnouncementWEST LAFAYETTE, Ind. — Purdue University alumnus Steven A. Webster and his wife, Linda M. Webster, have made a multimillion-dollar leadership gift to the Krannert School of Management. The pledge of $3 million will transform part of the third floor of the Krannert Building into the Webster Suite for the Purdue University Research Center in Economics, a fast-growing center in need of office and research space. “With this gift the Websters have shown once again how much they care about our program,” said David Hummels, dean of Purdue’s Krannert School of Management. “For several years now, much of the third floor has been known as the Webster Suite for Undergraduate Programs. It’s fitting that an additional 7,300 square feet of that floor will now also bear their name, but as a space that will benefit faculty and graduate students.”
- PCEE Mini-Grant Recipients for 2016-17The PCEE is pleased to announce the recipients of their mini-grants in economics for K-12 teachers and schools for 2016-17.
- Emerging markets expert keynotes manufacturing conferenceKeynote speaker Antoine van Agtmael delivered an optimistic forecast for advanced manufacturing at the fall conference of the Dauch Center for the Management of Manufacturing Enterprises (DCMME).
- Research by Krannert prof Karthik Kannan shows companies use instincts to elicit behavior from consumers, employeesThe obvious strategy for a clothing retailer is to have as much product on the sales floor as possible to yield high sales. The clothing needs to be available to be bought, right? For women, it turns out, that’s a counterproductive strategy. Research by Krannert professor Karthik Kannan shows that women want to feel a sense of individuality when buying clothes. They don’t want to know that hundreds of other women in town also bought that dress.
- Who's to blame for your high mobile phone bill? Finance professor Mara Faccio points to political connections In the United States and in many other countries across the world, consumers are paying too much for their mobile phone bills because of government influencing, research by a Purdue University finance professor Mara Faccio indicates.
- BOP alum Shawn Taylor recognized among AACSB International's 2016 Influential LeadersAn alumnus of Purdue's Krannert School of Management is among several corporate leaders to be recognized by AACSB International, the global accrediting body and membership association for business schools. Shawn Taylor, a 1982 accounting and Business Opportunity Program graduate, is one of 30 honored as the organization's 2016 Influential Leaders.
- Top business leaders visit Purdue for Krannert Executive ForumLeading business executives and entrepreneurs will visit Purdue during the next four months for the Krannert School of Management Executive Forum. The forum will allow leaders to share their experiences and inspiration with those in attendance.Forum sessions are set for 11:30 a.m. to 12:20 p.m. Fridays, beginning Sept. 2 in Krannert Auditorium. The talks are open to the public, as space permits, and free of charge
- Purdue hosts entrepreneurs from 17 African countries for Mandela Washington FellowshipPurdue University’s first cohort of Mandela Washington Fellows was on campus for six weeks in June and July for intensive, executive-style leadership training, networking, community service and skills building prior to a Presidential Summit in Washington, D.C. the first week of August.
- Krannert, Boiler Business Exchange Announce Inaugural Business Hall of Fame InducteesThe Boiler Business Exchange of Indianapolis, Inc. (BBE) has teamed with Purdue’s Krannert School of Management to unveil its inaugural Business Hall of Fame class. The Business Hall of Fame has been created to acknowledge and showcase esteemed business leaders who have achieved exceptional success in the business arena and have predominant ties to both Purdue and the State of Indiana.
- Krannert econ profs link higher work demand to serious health risk potentialEmployees under prolonged workplace pressures face serious consequences to their health, according to a working paper issued by the National Bureau for Economic Research coauthored by Krannert professors David Hummels and Chong Xiang.
- Purdue alum Dave Ricks to become president and CEO at Eli LillyEli Lilly and Company today announced that David A. Ricks, an alumnus of Purdue's Krannert School of Management and currently senior vice president and president, Lilly Bio-Medicines, will succeed John C. Lechleiter as president and CEO and join the board on January 1, 2017, and become chairman of the board on June 1, 2017.
- Purdue economics programs earn top rankingsThe Krannert School's Department of Economics was recently recognized in a trio of rankings naming it the best in Indiana and the top value online MS program nationwide.
- Krannert alumni among Purdue representatives to carry Indiana Bicentennial Torch through Tippecanoe CountyKrannert alumni and former Purdue football teammates Bart Burrell and Mark Herrmann to participate in Indiana Bicentennial Torch relay
- New director takes the lead at Jane Brock-Wilson Women in Management CenterA Purdue alumna and former Eli Lilly and Company executive has brought her leadership development and consulting expertise to the Krannert School as the new director of the Jane Brock-Wilson Women in Management Center.
- New PCEE Director NamedDr. David Perkis joined the Purdue Center for Economic Education as Director on July 1, 2016.
- Teachers Honored With Olin W. Davis AwardsThree teachers who have been active with the Purdue Center for Economic Education's programming, and who currently serve on the Center's teacher advisory committee, have been recognized for their excellence in teaching and promoting the teaching of economics.
- Four graduates from Purdue’s 2015 EBV class receive grants for their business projectsFour veterans who graduated in 2015 from Purdue's Entrepreneurship Bootcamp for Veterans with Disabilities, or EBV, have received grants from the EBV Foundation to support their business projects. Purdue is one of 10 schools nationally to offer the EBV program. It offers experiential training in entrepreneurship and small business management to post-9/11 soldiers, sailors, aviators and Marines with disabilities resulting from their military service.
- Jennifer Harms named Best & Brightest Executive MBAs by Poets & QuantsKrannert IMM Global EMBA Class of 2015 Jennifer Harms named a Best & Brightest Executive MBA by Poets & Quants
- Elementary students launch business in school classroomA Purdue University classroom business workshop for teachers in grades K-8 inspired a Mintonye Elementary teacher to start multiple classroom businesses.
- Krannert, Purdue School of Nursing students partner to raise money for rural Indiana health clinicFollowing a successful charity event in April, Krannert Dean David Hummels handed a check for over $2000 to representatives from the Family Health Clinic of Monon.
- Professors Lumineau, Lu recognized for researchTwo Krannert faculty members have been recognized for their significant scholarly accomplishments in research and their future research potential
- Class offers mix of economics and sportsEconomics of Sports is designed to blend the theories of microeconomics with examples from the professional sports industry.
- IRS partners with Purdue, Krannert on simulated criminal investigationPurdue University’s Krannert School of Management partnered with the Internal Revenue Service to stage a forensic accounting simulation.
- Krannert students launch hedge fund, offer portfolio managementFive Purdue University students have launched an investment startup
- Leadership Excellence and Gender SymposiumThree-day event at Krannert School of Management focused on gender, diversity, inclusion and agile careers
- Data Dive experience beneficial to studentsLast year, five Krannert undergraduate students, including Rachel Crouch, won a data dive challenge in Chicago
- Mind of a Maker: Adam BealHaving originally studied Microbiology at Colorado State University, Adam Beal decided to pursue an MBA with Krannert School of Management in 2014.
- Krannert Big Data Program ranked Top 10 nationallyValue Colleges ranks Krannert's MS BSIM Top 10 Big Data Program in the country
- MSHRM recent grad promoted to the Rank of Major in the United States ArmyRecently, a 2015 Krannert MSHRM alum, Matt Pratt, was promoted to the rank of Major in the United States Army. A ceremony was held in his honor on March 4, 2016 at the United States Military Academy in West Point, New York.
- Krannert Freshmen win big at the Burton D. Morgan CompetitionKrannert alumnus, Mike Cassidy, also a continuing term lecturer at Purdue coaches an undergraduate team, Fro Yo Express in the 2016 Burton D. Morgan business plan competition.
- Krannert researcher to lead Work/Life SummitEllen Kossek, a faculty member in Purdue University's Krannert School of Management, has been appointed to chair the Work/Life Committee for the U.S. Office of Personnel Management for a research summit.
- Purdue EBV graduate wins award at national conference
Ottosen & Co. earned the Top Venture Impacting Veterans Award in the D’Aniello Family Foundation Business Plan Competition at the EBV National Training & Alumni Conference
- Nationwide Purdue Index provides guidance for vet practices
Digging into new data from the Nationwide Purdue Veterinary Price Index, a Purdue associate dean says "it's dangerous to build a practice on wellness services," not medical services.
- Vibronix finalist in nationwide competition
Vibronix, a company which features second-year MBA student Adam Beal, is one of 10 finalists in a nationwide competition
- Calling the Shots: The Tim Newton Management Leadership Scholarship
In summer 2015, the temporarily tongue-tied veteran communicator and broadcaster learned that Krannert’s 2014 Distinguished Alumni Award winner, John Hoffner (BSIM ’70), had established the Tim Newton Management Leadership Scholarship in his honor.
- Krannert professor encourages caution, not panic
The U.S. stock market is off to its worst start to open a year in more than a century. In four days this week, the Dow has plunged five percent and the NASDAQ more than six percent. Even the S&P 500 has shed 4.9 percent.
- Air Force Vet's Biz Plan: Use Returning Soldiers To Improve Tech
Air Force veteran Chris Jackson talks about the transition to civilian life and the challenges of finding the same sense of purpose after leaving the military.
- Study: Resume fraud linked to job search envy
Unemployed job-seekers can be motivated to embellish their resumes when they are envious of peers, according to a study published in the Academy of Management Journal.
- Business leader gives $1 million to advance women in management
A Purdue University alumna and longtime university supporter is giving a $1 million gift to advance women in management by providing undergraduate scholarships for women enrolled in Purdue’s Krannert School of Management.
- Accounting faculty selected for Best Paper Award
The American Accounting Association’s Management Accounting Section Publications Committee has selected Mark Bagnoli’s and Susan Watts's paper “Knowing versus Telling Private Information about a Rival”, published in the Journal of Management Accounting Research in 2013, to be awarded the 2015 Journal of Management Accounting Research Best Paper Award. The Publications committee considered all research papers published in JMAR between 2013 and 2015, and judged their paper to have the highest potential impact on management accounting research.
Congratulations Mark and Susan!
- Export Indiana Fellowship Program
Partnership promotes small business growth by supplying the tools and expertise necessary to export their goods and services successfully at the international level.
- Krannert to Host Entrepreneurship Program for Disabled Veterans
Krannert School of Management will host 23 veterans from around the United States October 30 through November 8 for its seventh annual Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) program.
Participants are post-9/11 veterans with service-connected disabilities and a desire to start their own businesses.
Created at Syracuse University's Whitman School of Management in 2007, EBV teaches participants principles of entrepreneurship and small-business management.
- 2015 Parrish Case Competition Results
Eleven teams from Purdue University and Indiana University competed in this year's competition. All groups showed exemplary case analysis, problem solving and information literacy. The top three teams advanced to the final round, which was held October 9 in the Burton Morgan Entrepreneurship Center, Room 121, to compete for first, second and third place.
First Place: Team Attractive — Joe Vandermus, Matt Xia, Matt Butler, Leeane Chen, Shubhika Barjatya
Second Place: UG Consulting — Joshua Groh, John Brock, Gemma Flanagan, Tim Weiss, Brandon Ko
Third Place: NRAM Solutions — Wenjia Xu, Ruihong Lyu, Michael Szipszky, Albert Sinram
- Entrepreneurship Week activities planned for Oct. 5-9
The Krannert School, with the Purdue Foundry and The Anvil, will host a series of Entrepreneurship Week activities beginning October 5.
- New entrepreneurial track for grad students
Krannert, Burton Morgan Center and the Purdue Foundry offer new graduate program for entrepreneurs.