Purdue’s newest graduates take center stage at commencementPurdue alumna and retired U.S. Air Force Major Gen. Theresa C. Carter keynoted two commencement ceremonies Dec. 16 at Purdue University’s West Lafayette campus. The winter commencement ceremonies took place in Purdue’s Elliott Hall of Music on campus. Students in Health and Human Sciences, Krannert School of Management, Pharmacy, Purdue Polytechnic Institute, Science and Veterinary Medicine graduated during a morning ceremony. Those in Agriculture, Education, Engineering and Liberal Arts walked the Elliott Hall of Music stage in the afternoon.
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- Krannert's Cliff Fisher among 45 professors inducted into Purdue's Book of Great Teachers
Krannert faculty member Cliff Fisher was among 45 Purdue professors who were honored Dec. 11 when they were inducted into the University's Book of Great Teachers, which honors outstanding teaching faculty who have demonstrated sustained excellence in the classroom. Held every five years, the induction ceremony took place in Purdue Memorial Union's South Ballroom. President Mitch Daniels and Provost Jay Akridge spoke at the event.
- Unlimited data draining your wallet? Your plan costs more in U.S. than those in most developed countries
Have you ever felt a jolt of panic when eyeing your cellphone bill? If you live in the United States, you’re not alone, according to a recent report by Finnish research firm Rewheel, which found Americans pay more for wireless data than consumers in most other developed countries. The report adds to the growing body of evidence that U.S. wireless packages are excessively priced compared with similar services abroad, says Krannert professor Mara Faccio, who in 2017 completed a working paper with co-author Luigi Zingales analyzing mobile phone plans and telecommunication regulations in nearly 150 countries.
- Krannert’s MBA and MS Finance programs earn top 10 recognition in new WSJ/Times Higher Ed rankings
Two programs within the Purdue University Krannert School of Management were ranked in the top 10 globally in the first business school ranking by The Wall Street Journal (WSJ) and Times Higher Education (THE). Krannert was ranked ninth for its Master of Business Administration (MBA) and seventh for its Master of Finance (MSF) degree.
- Happy Holidays from the Krannert School of Management
Dean David Hummels reads a Purdue-themed holiday poem looking back on 2018
- Krannert professor Karthik Kannan says the future of gas stations could be at risk
As more electric and autonomous vehicles take to the streets, consumers may soon be able to skip the mundane task of stopping for gas. The disruption of other types of retail, like big department stores, suggests this transition could push the multi-billion-dollar market of gas stations and convenience stores toward collapse, says Karthik Kannan, the Thomas Howatt Chaired Professor in Management at Purdue University and director of the Business Information and Analytics Center.
- Krannert students part of winning team at Purdue Esport Data Hackathon
Two worlds collided in early November as data and sports-loving students squared off in a 24-hour hackathon event on November 9-10. The Krannert School of Management, in partnership with Purdue’s Discovery Park, the Purdue Interdisciplinary Data Science Initiative and SportsUNITED, hosted an Esport Data Hackathon that challenged teams to think outside the box to improve the fan experience and develop models to predict the performance of athletes, management of team and outcomes of games.
- Startup aims to help supervisors, employees foster engagement and healthy work-life cultures
The boss wants the project completed before the holiday break, your spouse needs to work late and pick up gifts, someone needs to get the children from the after-school programs and feed them a healthy dinner. Trying to manage demands between your professional life and personal life can be a major source of stress. Work Life Help, a Purdue-affiliated startup co-founded by Krannert professor Ellen Ernst Kossek, is trying to change that with new training technology aimed at helping supervisors better empower their employees to use company resources to manage the work-life balance.
- Krannert's Kelly Blanchard named among Poets & Quants 2018 Top 50 Undergraduate Professors
For Purdue Krannert economics professor Kelly Blanchard, teaching is a labor of love. “I enjoy trying to figure out how individual students learn,” she said in an a 2017 article highlighting her use of a mobile app and technology to better connect with students. “I know what worked best for me as a student, but I’m always interested in experimenting with new approaches and new technologies, especially ones that can improve the learning environment in my large lecture courses.”
- Sports and data worlds team up for community Hackathon
Sports teams – real or fantasy – could learn from what teams of students, faculty and community members developed during an E-sports hackathon on Nov. 9 and 10. The E-sports Data Hackathon was organized in partnership among Krannert School of Management’s Business Information and Analytics Center, Discovery Park, Integrated Data Science Initiative (IDSI), and SportsUNITED. The 24-hour event was a way for people to collaboratively work together using software programs and analytics to solve problems facing businesses and industries.
- Krannert’s Mohammad Rahman recognized with 2018 ISS Early Career Award
Mohammad Rahman, an associate professor in the Krannert School of Management at Purdue University, was recently honored with the 2018 Information Systems Society (ISS) Sandy Slaughter Early Career Award, which is presented annually to individuals who are on a path towards making outstanding intellectual contributions to the information systems discipline. Rahman's research focuses primarily on digital business, big data, omni-channel retailing, technology usage, retail and web analytics, and consumer behavior and decision making.
- #BeHER_d Campaign
The Jane Brock-Wilson Women in Management Center has started a yearlong campaign called #BeHER_d. This campaign encourages women – and the men who support them – to make their voices heard in a variety of spaces including the workplace, the classroom and the community.
- Krannert-led Purdue I-Corps program guides entrepreneurs from good ideas to great, market-ready innovations
Shruthi Suresh and Ting Zhang, two Purdue University doctoral students, thought they had a great idea to help blind and visually impaired people. The National Science Foundation Innovation Corps program at Purdue directed by Krannert faculty member Matthew Lynall helped them come up with an even better idea to launch a startup moving their innovation into the public.
- Krannert alum David Kusuma leads Tupperware partnership with NASA to improve ISS ‘Veggie’ facility
Under the direction of researchers at Kennedy Space Center, astronauts at the International Space Station including Purdue alumni Scott Tingle and Drew Feustel have been growing a variety of leafy vegetables to supplement their diets since 2015 with the Vegetable Production System, known as Veggie. Keeping the plants properly watered has been a challenge, however. In 2017 the agency turned to a team at Tupperware Brands, led by Krannert alumnus David Kusuma, to help design a new approach.
- Designing for instincts in presidential politics
When Donald Trump defeated Hillary Clinton in the 2016 U.S. presidential election, many voters and political pundits were surprised by the outcome. But the campaign strategies used by the opposing candidates were entirely predictable, says Karthik Kannan, an expert in big data who studies systems that exploit instincts and biases to nudge human behavior.
- Sports and data worlds combining for community Hackathon
Sports teams – real or fantasy – could be affected by the outcome of what teams of students, faculty and community members develop during an E-sports hackathon on Nov. 9 and 10. The E-sports Data Hackathon is organized in partnership among Krannert School of Management’s Business Information and Analytics Center, Discovery Park, Integrated Data Science Initiative (IDSI), and SportsUNITED. The 24-hour event is a way for people to collaboratively work together using software programs and analytics to solve problems facing businesses and industries.
- Would you follow these leaders? Annual speakers series features former student-athletes and championship alumni
Purdue men’s basketball coach Matt Painter pulled Robbie Hummel aside after practice during his first year — a season when Hummel became the only Boilermaker freshman in history to gain first-team All-Big Ten honors — and delivered a shocking message. “He told me I was selfish because I wasn’t helping anyone else,” said Hummel. “I needed to do more than set an example, so from then on I started becoming more vocal and tried to help us improve as a team.” That was one of the insights gained at this year’s Krannert Leadership Speakers Series, an annual event held at the Indiana Roof Ballroom in Indianapolis. Other panelists in “A Night of Champions” included alumni and retired professional athletes Ukari Figgs and Matt Light, and Mike Bobinski, Purdue’s vice president and director of Intercollegiate Athletics.
- What will the next 150 years bring for the Krannert School of Management?
The sesquicentennial celebration marks a time for Purdue to renew its commitment to growth, discovery and innovation. What giant leaps will the next 150 years bring as Purdue continues its drive to meet the world's future challenges? In this new monthly Purdue Today series, Purdue's deans will share their thoughts on the future of their college over the next 150 years. The series begins with David Hummels, dean of Krannert School of Management.
- Purdue welcomes three new members to Strategic Research Advisory Council
Suresh Garimella, Purdue's executive vice president for research and partnerships, welcomes Jill Hruby, Paul Longsworth and Krannert alumna Carolyn Woo, three highly accomplished leaders, to the University's Strategic Research Advisory Council. Established in 2016 by Garimella, the Strategic Research Advisory Council has been advising and guiding on near- and long-term strategies to advance Purdue's research initiatives.
- Startup led by Purdue MBA and engineering alumnus offers ‘seeds’ of hope for entrepreneurs, product innovators
Five hundred dollars may not seem like much to some entrepreneurs creating a new company. But for Purdue University alumnus Andrew Tye and others like him, a few hundred dollars can launch a business idea and have a life-changing impact. That’s one of the driving forces behind Seedproof, an online startup that Tye created for budding entrepreneurs.
- Don’t get left behind: Krannert prof examines how big data, automation are revolutionizing the world of retail
Krannert Professor Mohammad Rahman discusses how technology is transforming people and businesses and how AI could exploit our biases rather than help us overcome them. Rahman’s work aligns with Purdue's Giant Leaps celebration, acknowledging the university’s global advancements made in artificial intelligence as part of Purdue’s 150th anniversary. This is one of the four themes of the yearlong celebration’s Ideas Festival, designed to showcase Purdue as an intellectual center solving real-world issues
- Purdue AD and former student-athletes take the stage at Krannert's Leadership Speakers Series
Purdue University’s Mike Bobinski and a trio of championship-winning Boilermaker alumni shared the spotlight at the Krannert School of Management’s 18th annual Leadership Speakers Series on Oct. 11 at the Indiana Roof Ballroom in Indianapolis. Taking “A Night of Champions” as its theme, the event featured a discussion with Bobinski, Purdue’s vice president and director of Intercollegiate Athletics; Ukari Figgs, a mechanical engineer and member of the Boilermakers’ 1999 NCAA women’s basketball championship team and former WNBA champions the Los Angeles Sparks; former Purdue men’s basketball All-American and current ESPN broadcaster Robbie Hummel; and former Purdue men’s football player Matt Light, who won three Super Bowls with the New England Patriots.
- Footprints: Dave Ricks, CEO, Eli Lilly & Co.
Purdue alumnus Dave Ricks took a Giant Leap from taking class in Lilly Hall of Life Sciences as a student to serving as CEO of Eli Lilly, the biggest private employer in Indiana. With an industrial management degree from the Krannert School of Management, Ricks is leaving his footprints in the pharmaceutical industry one step at a time.
- Author of the Hollywood hits ‘The Blind Side’ and ‘Moneyball’ to speak at Krannert
Michael Lewis, best-selling author of “The Blind Side” and “Moneyball,” will engage in a Q&A session with Krannert Dean David Hummels at 7 p.m. Oct. 16 in Stewart Center’s Loeb Playhouse. Lewis released his new book, “The Fifth Risk,” Oct. 2. “The Fifth Risk” will take a close look at the internal upheaval in the departments of Energy, Agriculture and Commerce that took place during the transition from President Barack Obama to President Donald Trump.
- ‘Technostress’ Management: Krannert’s Ellen Ernst Kossek on establishing work-life boundaries in a 24/7 world
Do you check your work email from home during off hours and weekends? Do you eat lunch at your desk or use break time to answer work or personal emails or texts? Are you able to detach from job responsibilities, while on vacation, or do connect remotely? Chances are, many of us answer “yes” to at least one of these questions and are “overworking” more than is necessary to be effective in our jobs, says work-life balance expert Ellen Ernst Kossek, the Basil S. Turner Professor of Management at Purdue University’s Krannert School of Management and research director of the Susan Bulkeley Butler Center for Leadership Excellence.
- A conversation with Purdue's Karthik Kannan on business information and analytics
In an exclusive interview with Analytics Insight, Karthik Kannan, the Thomas Howatt Chaired Professor in Management at the Krannert School and the director of its Business Information and Analytics Center, explains how Purdue University is using an analytical business approach to address real-world problems through experiential learning and developing industry leaders of tomorrow.
- Purdue-affiliated Explore Interactive joins 1871 Fall WiSTEM Cohort, supporting a $3 trillion economic boon
Women-led companies drive $3 trillion in economic impact and 23 million jobs in the economy, according to the Huffington Post, and Explore Interactive will contribute by participating in the 1871 Fall WiSTEM Cohort. Explore Interactive, led by Amanda Thompson, chief executive officer of Explore Interactive and Purdue Krannert School of Management alumna, was accepted into the highly selective entrepreneurial accelerator helping women-led businesses connect with vital entrepreneurial resources.
- Krannert events to help kick off the Purdue Sesquicentennial celebration
The Krannert School of Management will continue the Purdue Sesquicentennial celebration, 150 Years of Giant Leaps, with several high-profile events this fall, including a conference, a pair of speaking series and an alumni symposium.
- Dr. Cornell A. Bell Business Opportunity Program 50th Anniversary Gala
Did you make it back to campus for the Dr. Cornell A. Bell Business Opportunity Program (BOP) 50th anniversary gala celebration over Homecoming weekend? Browse a photo gallery from the event at http://bit.ly/2Dx4StC and send your own pics to firstname.lastname@example.org to share with other alumni! #BOP50
- Krannert’s Dauch Center to hold fall manufacturing conference
Multiple leaders of the business world will come together to speak Sept. 28 at the annual fall conference of the Dauch Center for the Management of Manufacturing Enterprises. The conference, titled “Manufacturing Competitiveness: Technology, Agility and Personalization,” will be held at the Purdue Memorial Union and is free and open to the public. Registration is required.
- Footsteps on the moon and a promise at home: Indiana’s flagship public university celebrating 150 Years of Giant Leaps to better the world
Neil Armstrong’s voice crackled over the NASA feed almost 50 years ago from the surface of the moon as he proclaimed “… One giant leap for mankind.” It is probably the best-known giant leap in the world, but Purdue’s faculty, students and alumni continue to strive making giant leaps to solve the world’s greatest challenges. Purdue University is celebrating 150 years of innovation by looking forward, beginning with the Giant Leaps Sesquicentennial Campaign kickoff event during homecoming week and concluding with an astronaut reunion during Homecoming 2019.
- Krannert’s John McConnell recognized by University College Dublin with honorary doctorate
Krannert Professor John J. McConnell was among seven outstanding leaders across various fields of academia whose career achievements were recognized by University College Dublin (UCD) with honorary doctorates at its recent conferring ceremonies. McConnell, a leading financial economist, is renowned for his stellar leadership in the finance discipline. He is the Burton D. Morgan Distinguished Chair of Private Enterprise (in Finance) at the Krannert School of Management at Purdue University, where he has spent much of his career and won numerous teaching awards.
- Three-Day Stay Rule Generates Up to $447M in Extra Medicare Spending
The three-day hospital stay rule required for Medicare to cover subsequent skilled nursing facility stays may have generated millions in extra payments to SNFs, a new working paper from the National Bureau of Economic Research suggests.
- Study by Krannert prof Susan Lu shows cardiac surgeons’ online ratings prove reliable
Looking for a high-caliber surgeon may be easier than previously thought. Critics of online rating platforms have stated that online physicians’ ratings are nothing more than a popularity contest, based on the interpersonal encounter a patient has with their doctor, rather than on the doctor’s attentiveness to current best practices. Even though the system has been met with skepticism, a new study suggests that the time-honored word-of-mouth method for finding quality health care may hold up after all.
- Krannert alumnus named the 2018 recipient of the Vernon L. Smith Ascending Scholar Prize
The chairman, directors, and officers of the International Foundation for Research in Experimental Economics take pleasure in announcing Dr. Roman Sheremeta, Department of Economics, Case Western Reserve University, as the 2018 recipient of the Vernon L. Smith Ascending Scholar Prize. Sheremeta earned both his MS and PhD in economics at Purdue University's Krannert School of Management, where Smith also began his teaching career.
- Prominent business leaders to speak at Krannert Executive Forum
Leaders from the world of business and entrepreneurship will be featured this fall in the Krannert School of Management Executive Forum. The forum gives students an opportunity to exchange ideas and discuss current issues facing business and management. The forum is a management class featuring a diverse group of business leaders who work in industries ranging from sports to space. Forum sessions are set for 11:30 a.m. to 12:20 p.m. on Fridays beginning Aug. 31 in Krannert Auditorium. The talks are free and open to the public, space permitting.
- Krannert's Ellen Ernst Kossek honored as Academy of Management Fellow
Ellen Ernst Kossek, the Basil S. Turner Professor of Management and research director of the Susan Bulkeley Butler Center for Leadership Excellence at Purdue University, has been elected as a Fellow by the Academy of Management (AOM) for her “significant contributions to the science and practice of management.” Kossek is among a cohort of nine new Fellows selected by the organization, which has nearly 20,000 members in more than 120 countries. They were honored at a celebration dinner during the AOM’s 78th annual meeting on Aug. 10-14 in Chicago, Illinois.
- Registration open for Technical Management Institute on Oct. 16-19
The College of Engineering and Krannert School of Management are offering the Technical Management Institute, a professional development program aimed at new and aspiring managers of a technical workforce, Oct. 16-19 at Krannert Center. Participants will sharpen their skills in the areas of personnel management, leadership, programs and project management, data visualization and more. This year’s program also includes special bookend sessions and a workshop on executive presence, or captivating an audience during presentations.
- Chill out: Purdue produces innovative ChillNado to help tailgaters, beachgoers, others cool and store drinks, food
Tailgating is big business in the United States – an estimated 50 million Americans tailgate every football season and spend $12 billion enjoying the pastime. Purdue University researchers have developed new technology to help tailgaters, beachgoers and anyone else enjoy cool drinks. David Page, an MBA student at the Krannert School of Management and an alumnus of the School of Mechanical Engineering, helped lead the team of researchers, who created a new cooler technology they call ChillNado.
- Purdue Executive MBA alumnus named director of Discovery Park District
The Purdue Research Foundation has appointed Jeremy Slater, a 2018 graduate of the Krannert School of Management's Executive MBA (EMBA) program, as director of the Discovery Park District that will become the university’s innovation center on the western edge of campus. Slater, who earned a BS in landscape architecture from Purdue in 2008, will oversee a 450-acre district including 7 million square feet of interior building space with restaurants; retail, office and business spaces; parks; research facilities; and industrial space.
- Purdue offers two-year concurrent master’s degrees in engineering and management
Students interested in strengthening their technical skills while acquiring the business background they need to advance in their careers now have an accelerated option at Purdue University. Beginning in fall 2018, the College of Engineering and Krannert School of Management are teaming to offer a concurrent master’s degree in engineering and business administration. The new product will give students the ability to earn both degrees in two years, rather than the three it would take to earn them separately.
- Via Satellite: Tackling Constellation Debris with Japan’s Astroscale
Despite skepticism from space industry analysts, Japanese entrepreneur and Krannert MBA alumnus Nobu Okada was certain that the emergence of satellite constellations would push operators to invest in orbital debris removal solutions. This motivated him to launch spacecraft retrieval service provider Astroscale in 2013, in hopes of it becoming a reliable and cost-efficient solution for satellite operators around the world.
- New York Times Opinion: How E.U.’s Google Fine Explains High Cellphone Costs in the U.S.
According to Luigi Zingales, a professor at the University of Chicago Booth School of Business and a co-host of the podcast Capitalisn’t, "In an industry like mobile phone services, in which the technology is the same and there are not obvious natural comparative advantages, Mara Faccio of Purdue University and I find that European prices are much lower than American ones."
- Why Your Phone Service Is So Expensive
The economists Luigi Zingales of the University of Chicago and Mara Faccio of Purdue estimate that Americans pay $50 billion per year more than they would if they instead were paying European prices — for the same quality service. That translates into about an additional $30 per month for every American household.
- Strategy alumni conference reunites former students and faculty
The strategic management area at Purdue University’s Krannert School of Management recently held its inaugural alumni conference featuring a keynote address by Professor Emeritus Dan Schendel and numerous plenary sessions with current faculty and graduates of the program.
- Hourly Workers Need Flexibility the Most, But Are Often the Least Likely to Get It
Work-life flexibility has been of interest to practitioners, scholars, and individuals for decades, yet it remains a poorly understood concept with mixed effects, according to Ellen Ernst Kossek, the Basil S. Turner Professor of Management at Purdue's Krannert School of Management and Research Director of the Susan Bulkeley Butler Center for Leadership Excellence, in a recent column for Harvard Business Review.
- Study shows Airbnb benefits white neighborhoods; not so for black and Hispanic areas
Tourism activity in areas with a rise in Airbnb rentals could spill over into complementary industries, such as the restaurant business, unless those neighborhoods are predominantly black or Hispanic, a new study by Krannert researchers suggests. “Airbnb has made repeated claims that it helps the local economy in black neighborhoods, especially in New York City,” said Mohammad Rahman, author of the study and an associate professor of management at Purdue University’s Krannert School of Management. “We do not find any evidence of that economic spillover effect.”
- Smartphone platform created by Krannert and Purdue ECE alums helps streamline classroom communication
A Purdue University-affiliated startup has created a digital learning platform to improve communication between students and teachers and provide real-time feedback on student comprehension and participation. The platform was developed by Purdue’s Krannert School of Management alumnus Charlie Sloan and electrical and computer engineering alumnus Varun Mavilla, the founders of LectureWise. Their product is a software application that allows for graded, in-class polling and content distribution via smartphones.
- Airbnb provides bigger economic boost for white neighborhoods, study finds
Airbnb rentals help local economies by driving restaurant traffic and employment in a handful of U.S. cities, but not in predominantly black or Hispanic neighborhoods, according to a study from Purdue University.
- Airbnb benefits local economies. But mainly in white neighborhoods, study finds.
The study found that users of the home sharing platform generally eat in the neighborhood restaurants near where they are staying. However the spillover effect does not hold true when 50 percent or more of a neighborhood’s residents are black or Hispanic.
- Recent Krannert grads among six Purdue students to receive Fulbright grants
Six recent Purdue University graduates have been awarded Fulbright U.S. Student Program grants and will spend the 2018-19 academic year in various parts of Asia or Europe to teach or conduct research. The recipients include Krannert alumnae Zoya Hsiao, who earned a BS in management in December 2017, and Shannon Kane, who graduated with a BS in marketing in May 2018.
- The Economist: Krannert's EMBA programs rank among top in world
The Krannert School of Management has two of the top 50 Executive MBA programs in the world, according to the The Economist’s Which MBA? 2018 ranking, and is one of only four schools to have multiple programs featured on the list.
- South Korea cuts its work limit from 68 hours a week to 52
The legislation, which went into effect on July 1, received overwhelming support in the National Assembly in an effort to limit the time employees spend on the job and is a "move in the right direction," says Purdue work-life expert Ellen Kossek, Purdue's Basil S. Turner Professor of Management & Research Director Susan Bulkeley Butler Center for Leadership
- Discounts for data? California’s internet privacy law, the strictest in the country, has far-reaching implications
California’s new internet privacy law, deemed one of the strictest so far in the United States, could result in a business strategy which offers discounts in exchange for user data, says Karthik Kannan, the Thomas Howatt Chaired Professor in Management at Purdue University and an expert in data analytics.
- Opportunities Sustained: Catching up with BOP alumnus Tim Coleman
When Purdue alumnus Tim Coleman (BSIM ’90) was appointed in May to a three-year term on the Indiana Economic Club’s board of governors, it added to a growing list of honors for the longtime Eli Lilly and Company executive. Coleman, who currently serves as vice president of information technology in the global pharmaceutical company’s Medicines Development Unit, still credits much of his career success to his time at Purdue and his experience in Krannert’s Dr. Cornell A. Bell Business Opportunity Program (BOP).
- Purdue workshop encourages teachers to focus on fiscal responsibility in the classroom
A workshop recently hosted by the Purdue Center for Economic Education featuring State Rep. Sheila Klinker will help middle and high school teachers incorporate into their curriculum the complex issues surrounding fiscal responsibility, such as the federal budget and national debt.
- Krannert's Matthew Lynall says I-Corps and a culture of collaboration at Purdue are key to commercial success
At its new I-Corps Site, led by Krannert School of Management Professor Matthew Lynall, Purdue University is proving that the only way forward is together. In the last four years, collaborative work with the National Science Foundation, other state institutions and external local and national commercial stakeholders and communities has led to the creation of over 100 new scientific entrepreneurial start-ups. The innovation pipeline at Purdue is thriving in this culture of collaboration.
- Balancing Life with Technology: "Always On, Always Working?"
Krannert's Ellen Ernst Kossek, the Purdue University Basil S. Turner Professor of Management and research director of the Susan Bulkeley Butler Center for Leadership Excellence, comments on the challenges of balancing life with technology in a special feature from The Economist, "Always on, Always Working?"
- Purdue data visualization tool allows high school students to see path to career
The Purdue Center for Economic Education is seeking partner schools to pilot a new data visualization tool that shows high school students a path to a career based on their interests and abilities. The tool uses data from Purdue University college graduates to link college majors to careers, showing the pathway students took on their way to their profession, as well as several characteristics of students in each major and occupation such as average SAT scores, college GPAs, and salaries of graduates.
- Alumni IMPACT: Redesigned course links students with professionals
When Professional Career Management was most recently redesigned in 2017 to continue refining it from an upper-division course into one for freshmen and sophomores, one key goal was to restructure it under the IMPACT (Instruction Matters: Purdue Academic Course Transformation) model by incorporating more active and collaborative learning as well as other student-centered teaching and learning practices and technologies that foster student engagement and competence. For Krannert staffers and instructors, that meant involving alumni and professionals at multiple stages of the course.
- Startup co-founded by Krannert lecturer develops reminder and monitoring system for prescription medications
Concordance Health Solutions, a Purdue-affiliated startup co-founded by Krannert alumna and marketing lecturer Laura Downey, is developing a low-cost, high-tech solution to address the nationwide health crisis of Americans failing to take their medicine as prescribed.
- Looking Back, Moving Forward: A conversation with BOP alumnus Ted Jackson
As Purdue marks the 50th anniversary of the Dr. Cornell A. Bell Business Opportunity Program (BOP) leading up to September’s Homecoming celebration and reunion, BOP alumni are sharing their memories of the landmark diversity initiative and their vision for its future. In this Q&A, we catch up with Ted Jackson, Vice President of Operations for the Duro Division of Novolex, a $2.5 billion international packaging company and private equity portfolio company of the Carlyle Group.
- Krannert hosts inaugural Data Science for Business and Economics Conference
Hosted in May by Krannert's Business Information and Analytics Center (BIAC), Purdue's inaugural conference on Data Science for Business and Economics featured speakers from a variety of academic disciplines whose research explores the use of data science to solve real-world problems.
- The Pokémon Paradox: Krannert researchers examine costs and benefits of popular game
When the augmented reality (AR) game Pokémon Go made its debut in 2016, it quickly became the most popular mobile game in U.S. history with more than 20 million active users daily. It’s now at the top of the menu in an industry that generates more than $1 billion in annual revenues. According to a pair of working papers from Purdue University’s Krannert School of Management, tech companies aren’t the only businesses getting a taste of the profits. But how does that balance with the economic costs of playing the game while driving, which include an increased number of vehicular accidents, injuries and even death?
- Fourth Annual Purdue Accounting Theory Conference
The Accounting Faculty held the fourth annual Purdue Accounting Theory Conference on May 18 and 19, 2018. The program included distinguished guest speakers from across the country.
- Two-time Krannert grad again advances to Academic All-America ballot
For the third year in a row, two-time Purdue graduate and Big Ten breaststroke champion Marat Amaltdinov has been named Google Cloud Academic All-District. He graduated with his master’s degree in finance this month after earning his bachelor’s degree in just three years. He compiled an undergraduate grade-point average of 3.81 while majoring in economics with concentrations in finance analytical consulting. He finished his graduate coursework with a 3.67 GPA. His academic accomplishments were achieved even with English as a second language.
- If you want to run a hedge fund that beats the market, keep it small
Successful hedge fund managers should do something unusual if they want to stay that way: Say no to new investors, according to new research by Krannert professors Chengdong Yin and Xiaoyan Zhang that examines the size, age and life cycle of hedge funds,
- Purdue partners with state, assists international entrepreneurs in obtaining J-1 visas
The Purdue J-1 Exchange Visitor Program is assisting seven international Purdue entrepreneurs obtain their visas and build their startups. This program, a partnership between the Purdue Research Foundation and the Indiana Department of Workforce Development (DWD), supports international researchers and/or students based at the Purdue Foundry. Among them are several Krannert graduates, including VeoRide co-founder Candice Xie.
- Purdue work/life expert: Five ways recent grads can achieve personal, professional balance
College graduates might expect busy days and long nights as they start their own businesses or climb the corporate ladder. But a leading researcher on work and life balance at Purdue University said personal and professional habits formed at the entry level could follow workers throughout their careers. “After you graduate, you will be faced with lots of opportunities to work intently in order to advance on your career path,” says Ellen Ernst Kossek, the Basil S. Turner Professor of Management in the Krannert School of Management and research director at the Butler Center of Leadership Excellence.
- Purdue’s NSF I-Corps program featured on Inside INdiana Business with Gerry Dick
Purdue is launching an I-Corps program across the state in partnership with Elevate Ventures to help early stage startups commercialize their technologies. Learn from Krannert's Matthew Lynall how this National Science Foundation program aims to boost entrepreneurship and economic development.
- Convocation recognizes faculty for honors, awards, teaching excellence
Krannert faculty members were among those recognized May 8 at the Faculty Awards Convocation for a range of honors given since last year's event, including national and international awards; University and college awards; Fellow awards; and distinguished and named professorships achieved since April 2017.
- Registration deadline for data science conference is fast approaching
The registration deadline is May 15 for the Conference on Data Science for Business and Economics, hosted by the Krannert School of Management’s Business Information and Analytics Center (BIAC) and sponsored by Accenture. The conference will take place on May 25-26, with a welcome reception in the evening of May 24.
- Registration is open for a new Krannert business camp for young girls in high school
The Jane Brock-Wilson Women in Management Center will welcome approximately 30 high school students July 8 to Purdue University for the Emerging Leaders Retreat, a four-day residential camp designed to empower young girls and to introduce them to careers in business through hands-on learning activities. Faculty members from the Krannert School of Management will lead interactive workshops covering key business topics.
- Krannert degrees offer STEM classification, longer OPT for graduates
Purdue University’s Krannert School of Management will soon offer four STEM-classified degree options, giving graduates three years of Optional Practical Training (OPT). Two STEM-classified programs are currently offered: business analytics and information management, and global supply chain management. Curricular changes in the current master’s offerings in finance and marketing received final approval and will be offered for cohorts starting in fall 2018.
- Krannert seniors Claire Lee and Ashley Neubaum among top students to be recognized at 2018 commencement
WEST LAFAYETTE, Ind. — Purdue University will honor some of its highest academic-achieving graduating seniors May 11-13 during commencement ceremonies. Among them are two students earning degrees from the Krannert School of Management.
- Purdue's Krannert school offers pathway to master’s degree for students in MITx MicroMasters program
WEST LAFAYETTE, Ind. — Online learners enrolled in Massachusetts Institute of Technology’s MITx MicroMasters Program in Supply Chain Management can earn their master’s degree through a new pathway to Purdue University. Krannert School of Management will waive 10 credits toward a master’s degree in global supply chain management to those who complete the MicroMasters program, which is comprised of five online courses delivered on edX and a comprehensive exam.
- Krannert Executive MBA alumni ‘pay it forward’ with scholarship fund
Soon after the Krannert Center for Executive Education and Research opened its doors and began granting Purdue University’s first Executive MBA (EMBA) degrees, a tradition was born as each graduating cohort presented the school with a gift to commemorate their time in the program. From artwork to cultural artifacts to games, these gifts are now an iconic part of the center’s décor.
- AACSB extends its accreditation for Purdue’s Krannert School
The Association to Advance Collegiate Schools of Business (AACSB) has extended its accreditation in business for Purdue University’s Krannert School of Management. For over a century, AACSB Accreditation has been synonymous with the highest standards in business education, and has been earned by less than 5 percent of the world’s business schools.
- Krannert’s Marat Amaltdinov one of two Boilers recognized as part of 104th Big Ten Medal of Honor class
ROSEMONT, Ill. - The Big Ten continued its celebration for the 104th class of the Big Ten Medal of Honor as Purdue senior Marat Amaltdinov of the swimming and diving team and Ashley Evans of the volleyball program were awarded the prestigious Big Ten Medal of Honor to highlight the sixth-annual Golden Pete Awards show Monday at Holloway Gymnasium.
- Could warehouse robots replace workers? The answer is mixed.
During a recent visit to Plainfield, Indiana, Locus Robotics CEO Rick Faulk drove past maybe two dozen “help wanted” signs along a short stretch of Perry Road and saw sheer opportunity in robotic manufacturing. Ananth Iyer, senior associate dean at Purdue University's Krannert School of Management, says its an issue that needs further analysis.
- Professor and students discuss gender pay gap
According to Krannert Professor Ellen Ernst Kosseky, there are two ways to analyze the gender pay gap within an organization — an organizational-level analysis and a like-for-like analysis. An organizational level analysis compares salaries between men and women at all levels, while a like-for-like analysis compares salaries of men and women in similar positions. The like-for-like analysis typically yields a smaller pay gap than the organizational-level analysis. This is largely because fewer women tend to be in higher-earning positions than men.
- PowerShift Case Competition tackles gender pay equity in successful second year
On Thursday, April 12, a dozen teams of Purdue students met in the Krannert School of Management for the PowerShift Case Competition, hosted by the Jane Brock-Wilson Women in Management Center and sponsored by Accenture, Phillips 66 and ArcelorMittal. Now in its second year, this annual competition encourages productive conversations between men and women about real life gender issues in the workplace to help students develop competencies in leading gender-diverse teams.
- The Rutgers Ten Plus Case Challenge
Purdue Krannert`s team was placed second in the competition. The first place was bagged by University of Pittsburgh.
- Indiana students showcase classroom businesses at Purdue
Elementary and middle school students across Indiana showcased businesses they developed through a Purdue University program that promotes entrepreneurship in the classroom. The Classroom Business Enterprise showcase took place on April 12 in the Krannert Drawing Room and featured businesses started by students and teachers from schools in Lafayette, as well as statewide.
- Experimental research by Krannert economist explores investments in global pollution abatement
Countries across the globe now use emissions-trading systems as a policy to cost-effectively reduce pollution. But what incentives do these tradable-permit markets offer companies to invest in advanced pollution-abatement technology? Purdue University’s Tim Cason, the Gadomski Chair of Economics at the Krannert School of Management, is addressing that question through experimental economics.
- Krannert professor says companies can learn from the #DeleteFacebook movement
The scandal involving Facebook and Cambridge Analytica is the most recent in a troubling trend of information security mishaps in which data belonging to millions of users is hacked, leaked or leveraged irresponsibly. But the nationwide movement to delete Facebook is gaining more traction than previous public protests calling for privacy and transparency, says Karthik Kannan, an expert in big data who studies systems that exploit instincts and biases to nudge human behavior.
- Startup that launched bicycle sharing program at Purdue in 2017 is expanding to campuses around the country
A startup that launched a dockless bicycle sharing business at Purdue University and West Lafayette in October is expanding to other universities and cities. VeoRide Inc., which allows riders to use a smartphone to locate a nearby bike and unlock it, was co-founded by Krannert alumna Candice Xie.
- Indiana students set to showcase classroom businesses at Purdue
Elementary and middle school students across Indiana will showcase businesses they developed through a Purdue University program that promotes entrepreneurship in the classroom. The Classroom Business Enterprise showcase will take place from 10:30 a.m. to noon April 12 in the Krannert Building's Krannert Drawing Room. The event will feature businesses started by students and teachers from schools in Lafayette, as well as statewide.
- Krannert to offer mini-MBA program Applied Management Principles in May
Attendees at the Krannert School of Management's Applied Management Principles program May 14-19 can look forward to coursework designed to sharpen their skill set in the areas of strategy, marketing, finance, negotiations and problem solving, and more. This year’s program includes special Bookend sessions, with general career management and professional development insight, and a workshop on Executive Presence, or captivating your audience during presentations. Also new this year is a workshop on improvisation, where attendees will practice two major concepts of improv: accepting and listening.
- Krannert PhD program alumnus to be honored as Marketing Science Institute Scholar
S. Sriram, a 2004 graduate of the PhD program in marketing at Purdue University’s Krannert School of Management, will be recognized at the inaugural Marketing Science Institute (MSI) Scholar Conference in Breckenridge, Colorado, on July 30-August 2, 2018. Sriram, a tenured associate professor of marketing at the University of Michigan’s Ross School of Business, will join a select group of mid-career level academics for a multi-day retreat with the purpose of recognizing individuals’ excellence in scholarship, developing a cohort across marketing disciplines, and strengthening ties between scholars and MSI.
- Purdue's upcoming Breaking Bias conference previewed on WGN Radio interview about 'Matching Your Portfolio to Your Ideologies'
The social and cultural world has changed substantially in the last year, and the business world is adapting as well. WGN Radio discussed the impact of the #MeToo movement with Ellen Kossek, professor at the Purdue University Krannert School of Management, to preview the Breaking Bias Conference on March 21st and how the business world is responding. The corporate world is also feeling the impact of the social concerns of guns in society, and Jon Hale (Head of Sustainable Research at Morningstar) spoke about the growing trend of divesting from companies that don’t fit investor’s ideologies.
- Academics, executives to focus on ‘breaking bias’ in the business world at Purdue conference
Academics and executives will meet at Purdue University to highlight the disparity in the number of men and women filling leadership roles, and discuss solutions to “break bias” ingrained into business cultures and practices.The Krannert School of Management, Susan Bulkeley Butler Center for Leadership Excellence and the Jane Brock-Wilson Women in Management Center, along with Indiana University’s Kelley School of Business, are hosting a three-day conference March 21-23 at Purdue featuring prominent scholars and corporate speakers dedicated to achieving diversity and inclusion in the workplace, especially in the top ranks of businesses and government.
- Data Science for Business and Economics Conference accepting paper and poster proposals
The Krannert School of Management’s Business Information and Analytics Center (BIAC) will host the inaugural Data Science for Business and Economics Conference on May 25-26. Proposals for talks, papers and posters are being accepted until March 15. The conference will feature speakers from business, economics, computer science, statistics and other areas exploring the use of data science to solve real-world problems. The conference will include several paper sessions, a poster session and a panel discussion on emerging issues in data science.
- Krannert celebrates 50th anniversary of the Dr. Cornell A. Bell Business Opportunity Program
The Krannert School of Management honored the namesake of Purdue University’s Dr. Cornell A. Bell Business Opportunity Program (BOP) during Black History Month in February to kick off the groundbreaking diversity program's 50th anniversary. The tribute to Dr. Bell included several events and speakers as well as stories and photos on social media. The celebration will continue throughout 2018 with an ongoing series of profiles of BOP students and alumni leading up to a major event in the fall semester.
- Industry leaders discuss supply chain risk at global conference
Purdue University’s Krannert School of Management brought industry leaders to campus Feb. 23 for the spring 2018 Global Supply Chain Management Initiative (GSCMI) Conference in the Purdue Memorial Union on the West Lafayette campus. The theme of this year’s conference was “Supply Chain Risk — Business Continuity Planning.” Attendees included industry leaders, faculty, undergraduate and graduate students.
- Self-driving cars will change the way we shop – if we let them, says Krannert retail expert
In a future with autonomous vehicles, cars could suggest where to stop for coffee in the morning and pick up groceries after work, not only altering the way humans travel, but how they shop and how they’re targeted by retailers. Mohammad Rahman, an associate professor of management at Purdue University, says the next disruption in retail may not occur in stores or online, but in the cars people depend on to commute, run errands and travel.
- Purdue EBV alums among winners at the 2018 Veteran EDGE conference
A pair of alumni from the Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) program at Purdue University’s Krannert School of Management recently took home a share of $75,000 in prize money at the 2018 Veteran EDGE Conference held Feb. 16-18 in Austin, Texas, sponsored by the Institute for Veterans and Military Families (IVMF) at Syracuse University.
- Then & Now: Dr. Sonia Winslett, BOP Class of 1973
Krannert alumna Dr. Sonia Winslett (BSIM, MSM ’76) excelled academically during her time at Purdue, earning induction into the University’s Iron Key Honors Association, the highly selective Mortar Board Honor Society and Alpha Lambda Delta’s Honors Society while completing both her bachelor’s and master’s degrees in only three and a half years. Had it not been for Dr. Cornell A. Bell and the Business Opportunity Program (BOP), however, Winslett would have never arrived at Purdue.
- 2018’s Most & Least Ethnically Diverse Cities in the U.S.
The U.S. today is a melting pot of cultures, thanks to rapid ethnic and racial diversification of the past four decades. If the trend continues, America will be more colorful than ever by 2044, at which point no single ethnic group will constitute the majority in the U.S. for the first time.
- Flu season could cost employers billions of dollars
As the flu season continues to worsen, the best thing companies can do for their bottom line is to encourage sick employees to stay home, says Professor Ellen Ernst Kossek in an interview for NPR's Marketplace. “Americans are notorious for not using all of their vacation and sick time,” she said. “And it’s just not a great culture if you make people feel like they have to work when they’re sick.”
- Purdue's first African-American Homecoming queen and BOP alumna speaks at Krannert
Purdue's first African-American Homecoming queen presented a lecture titled "My Pieces of History: A Queen's Journey to Archival Peace at Krannert Auditorium on Feb. 6 as part of the University's Black History Month celebration. Kassandra "Katie" Agee Chandler, a 1980 graduate of the Dr. Cornell A. Bell Business Opportunity Program (BOP), also presented her papers to the Purdue University Archives and Special Collections during the event.
- Industry leaders to discuss supply chain risk at global conference
Purdue University’s Krannert School of Management will bring industry leaders to campus Feb. 23 for the spring 2018 Global Supply Chain Management Initiative (GSCMI) Conference, to be held in the Purdue Memorial Union.The theme of this year’s conference is “Supply Chain Risk — Business Continuity Planning.” Industry leaders, faculty, undergraduate and graduate students are invited to attend.
- Krannert MIS professor says cryptocurrencies will continue to retain value despite recent sell-off
Bitcoin's postholiday hangover kept going this week, but the cryptocurrency is likely to weather yet another downturn. That's the general takeaway from experts who follow the digital currency, among them Purdue University's Karthik Kannan, a professor of management information systems in the Krannert School. Although bitcoin should remain extremely volatile as it continues to develop, he says it will retain enough value to disrupt finance and banking.
- Krannert finance professor comments on why “The Stock Market Works by Day, but It Loves the Night”
The daytime is for losers. Overnight is when the big money is made in the stock market — not by trading but by getting a good night’s sleep.That’s because of a gap between daytime and overnight returns in the American stock market, according to Krannert finance professor Huseyin Gulen in The New York Times.
- Burton D. Morgan Competition kicks off its 31st year at Purdue
The preliminary stage of the 31st Burton D. Morgan Business Model Competition at Purdue University began Wednesday in West Lafayette. The student competition features prizes of up to $100,000.
- Krannert MBA ranked in top 10 public schools and best in Indiana by Financial Times
The Krannert School was one of the largest risers in this year’s global ranking of MBA programs by Financial Times. Purdue climbed 14 spots this year, up to #55, and is the highest ranked MBA program in the state of Indiana. The program is ranked 27th among all U.S. schools and #9 among public schools, up from 36th and 14th a year ago.
- Ananth Iyer comments on the ongoing changes resulting from Amazon’s purchase of Whole Foods
When Amazon bought Whole Foods last year, many wondered what changes it would make to the specialty grocer, whose unique identity includes a reputation for high costs. According to Krannert's Ananth Iyer, an operations management professor and department head of management at Purdue University, national brands should have their place in some aisles, but not all.
- Purdue, Krannert School and NSF launch ‘Phase 0’ pilot program to benefit Indiana startups
Purdue University and the Krannert School of Management will help early stage startups in Indiana commercialize their technology through the National Science Foundation’s “Phase 0” pilot program. Purdue is one four institutions that make up NSF’s Midwest Innovation Corps (I-Corps) Node, which is one of seven university clusters across the country selected to pilot the new program. Under Phase 0, non-academic teams will be eligible to participate in the national I-Corps program and then receive follow-on startup and commercialization services (I-CorpsGo) as they prepare for a Small Business Innovation Research (SBIR) Phase 1 submission.
- Krannert professor comments on the potential benefits an Indy Amazon HQ would have for Greater Lafayette
If Amazon decides on Indianapolis for its second headquarters, the effect could be felt in Greater Lafayette, too. The Amazon headquarters is expected to create 50,000 jobs. Karthik Kannan, a managment professor at Purdue University, said Amazon looks for nearby access to talent pools like universities to fill those jobs.
- The best in business to share insight at Purdue during Krannert Executive Forum
Executives, entrepreneurs and other business and management experts will exchange ideas and offer insight this spring during the Krannert School of Management Executive Forum. The forum, which is free and open to the public, takes place every semester at Purdue University and features speakers in a variety of industries. Events begin at 11:30 a.m. in Krannert Auditorium, located in Room 140 of the Krannert Building, 403 W. State St., every week on Friday beginning Jan. 22 and running through April 20.
- Krannert prof Karthik Kannan says self-driving cars among top business trends for 2018
Experts and economists around the world predict 2018 will be the year when technology takes over our currencies and roads, talks to regulators and makes financial advisers a thing of the past (or the future!).
- Krannert professors outline five common digital retailing mistakes
Krannert faculty members Prabuddha De and Mohammad Rahman say today’s retailers need to adopt a data-driven view — with the goal of understanding how website features and advances in AI will affect consumer behavior.
- Events to honor distinguished Purdue business mentor
Several events are planned next week to recognize the 50th anniversary of Purdue University’s Dr. Cornell A. Bell Business Opportunity Program, which aims to recruit the best and brightest students to West Lafayette to produce the next wave of business and community leaders nationwide.
- Krannert events to kick off 50th anniversary of Dr. Cornell A. Bell Business Opportunity Program
Several events are planned next week to recognize the 50th anniversary of Purdue University’s Dr. Cornell A. Bell Business Opportunity Program, which aims to recruit the best and brightest students to West Lafayette to produce the next wave of business and community leaders nationwide. The anniversary celebration kicks off Monday (Jan. 15) with the Martin Luther King Day of Service and continues throughout the week as part of Krannert School of Management’s Diversity @ Work Week.
- Chicago’s on the cusp of tying record-setting cold snap. Here’s how to survive it.
Dr. Ellen Ernst Kossek discusses how employers should respond to the cold weather in supporting employees.