Academic year 2021-2022
DEAN’S ANNUAL NEWSLETTER tsu.edu
20 22
Our mission is to transform students into leaders in the global marketplace. To achieve the mission, we provide quality education in an entrepreneurial, global context through effective teaching, theoretical and applied research, and community engagement in a student-centered environment.
Table of Contents tsu.edu
GREETINGS
3
HIGHLIGHTS
6
FACULTY FOCUS
19
STUDENT FOCUS
24
ADVANCEMENT
30
Dr. David Yen, Dean Jesse H. Jones School of Business Greetings
One of the most important news matters for 2021-2022 is that the JHJ School of Business successfully received a five-year extension of the ACCSB accreditation. This success is truly an indication of the accomplishments made by all JHJ School faculty and staff. Faculty demonstrated a consistent record of intellectual contributions, a consistent effort to improve the student’s learning, a continuation of outstanding services to our students and community and most importantly, the active pursuit to develop and maintain partnerships and business networking. Thanks to our staff for their dedication to keep high quality advising, develop concrete scholarship and internship opportunities, maintain web content and IT support, facilitate routine operations, and perform the needed support to contribute to the success of the JHJ School of Business. Two noteworthy statements from the AACSB program review team (PRT) are i. The enthusiasm and firm commitment from the Business Advisory Council (BAC) and Alumni Chapter, and ii. The high quality educational learning demonstrated by JHJ’s undergraduates and graduate students groups. Certainly, there are some suggestions for improvement to meet the next AACSB accreditation review. i. Concentrating more on high quality intellectual contributions. ii. Continuing to improve the AoL assessment and paying attention to the “close loop“ activities. iii. Demonstrating more innovation in future teaching, research and services, and iv. Improving faculty qualification and sufficiency with successful new hires. Thanks to the assistance from the ACCSB steering committee (Chaired by Dr. Kun Wang) and all JHJ School standing committees, internal and external stakeholders. The success of this academic accreditation is truly our most critical milestone for future success in the next couple of years. Special recognition will go to the program review team including Dr. Firku Boghossian of Morgan State University (chair), Dr. Joy Smith (member) of Elizabeth City State University, and Dr. Emmanuel Omojokun (member) of Virginia State University.
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Another important development is that the JHJ School Business participated with Howard University to develop the entrepreneurship regional center under the PNC Foundation grant (PI - David C Yen). There will be a national center located at Howard University (Washington DC) and 3 other regional centers located at Morgan State University (Baltimore), Clark Atlanta University (Atlanta) and Texas Southern University (Houston). The JHJ School of Business at TSU is responsible for the following six states including OK, AR, MI, MO, LA and Texas and each year will receive around $500,000 for a five-year period. This five-year project funded by PNC Bank will set up the centers in several geographical areas to be responsible for assisting the local small business development; expanding innovative educational opportunities; improving students’ experiential and service learning; awarding faculty to publish more papers/articles in the subject area of entrepreneurship, small business, local economic development; developing more networking opportunities for students with external stakeholder; and enhancing student’s extra-curricular activities. The assistance of Madam President’s and Madam Provost’s allowed the JHJ School the fortunate opportunity to receive the following 2 grants. The first grant (PI - Dr. Zahid Iqbal) is Title III grant (around $450,000) to develop a financial trading lab in the 2nd floor. This lab will be mainly used by the Accounting and Finance students in general, and the students enrolled in the future banking leadership program (FBLP) in particular. The center will house Bloomberg terminals which can be used to provide students an opportunity to learn more about in the investment and financial trading subject areas. The 2nd grant opportunity is the HEERF grant (PI - David C. Yen) is planning to be used to set up a multipurpose lab to help students to learn subject areas as cyber security, identity theft, digital marketing and information auditing control. Plans for the lab will be equipped with the latest information technologies including cloud computing, information security, enterprise resources planning (ERP), customer relationship management (CRM), and IT governance areas. In terms of the curriculum development, several innovation grant proposals were also submitted in the areas of cybersecurity, digital media, production/operation management, and FinTech to request for the funding support for area faculty to develop the innovative curriculum. Hopefully, the JHJ School will receive good news later from the university. Two students were nominated by the School to join the June 3rd-June 5th HBCU Business Deans roundtable student summit 2022 - “Developing and Owning the Success Mindset” sponsored by Deloitte Touche at Deloitte University in Westlake Texas. Congratulations to Ms. Kendra Bridges and Mr. Mohammed Durvesh. Both students are accounting with a decent GPA will represent the JHJ School of Business to join this important event. The JHJ School of Business hosted the 29th Annual Southwestern Business Administration Teaching Conference (SWBATC) virtually on February 17 – 18, 2022. Dean David Yen kicked off the conference with the opening remarks. The theme of this year’s conference was “Get prepared to leverage academic teaching tools using cloud during uncertain times.” This year, we had three Keynote speakers – Ms. Sonia V Gupta, Managing Director at Accenture in Applied Intelligence, Ms. Sonia Ghelani, business manager at Texas Instruments for Sitara™ microcontrollers, and Dr. Marvin L. Reid, Jr., Central State University College of Business Department Chairperson and Associate Professor of Management Information Systems. Dr. Reid is also the Program Manager for the Central State University HBCU C2 Coding and App Development Initiative supported by Tennessee State University and Apple, Inc. and the Apple Community Initiative Educator (CEI) Ambassador. There were 29 presentations by over 60 participants from 12 universities. The JHJ School of Business graduate students
enrolled in the Data Analytics course, Aliza Durvesh, Blessing Ezeudu, Damilola Alade, Ayodele Olofinsao, and John Idoko, demonstrated the application of the Data Analytics tools. The conference attendees shared the innovative approaches they use in order to deliver effective instructions to student learners in the uncertain environment. In terms of the current development of Future Banking Leadership Program (FBLP), initiated by Mr. John Scroggins, Mr. George Martinez, and Mr. Brent Cox. The major donors include Allegiance Bank, Cadence Bank, First Financial Bank, Frost Bank, Texan Bank, Texas Bankers Association Foundation, Wells Fargo Bank, Frost Bank, Comerica Bank, Veritex Community Bank, Texas Capital Bank, Prosperity Bank, Region’s Bank Moody National Bank, Banker Hughes Corporation, Microsoft, Woodforest Bank, JP Morgan Chase Bank, and the JHJ Business Advisory Council members. The amount of donations has reached to around 4.3 Million as of May, 2022. The JHJ School of Business is very grateful for the generous financial support and acknowledge the investment our partners have made into the growth of the Future Bankers Leadership Programs that creates experiential learning and internship opportunities for School of Business students. Thanks to Executive Director, Ms. Muriel Funches for managing the project internally and externally. To meet the suggestions provided by the last AACSB program review team (2015) and match with the need of the JHJ School, we will continue the search for four different tenure track positions. They include management, marketing, management information system, and accounting assistant professors. Search committees have started to work diligently to hire a qualified candidates to teach starting as soon as possible. This year, the JHJ School had some personnel changes, Dr. David Hansen decided to retire effective December 31, 2021; this is certainly a great loss as Dr. Hansen is one of the dedicated professors in the classroom. We will certainly miss David and wish him luck in the future. The JHJ School of Business at TSU will continue to grow along its path of excellence. Along with strengthening our core subjects, we will continue to offer new courses and programs as opportunities allow. We would be happy to discuss our current status and our hopes for the future with any and all of you. The future looks bright indeed for our School of Business at TSU! To this end, I invite you to browse this website and investigate the many choices for undergraduate and graduate study within the JHJ School, the many options for exciting and quality learning as well as student-faculty engagement. Our faculty and staff join me in inviting you to explore and pursue your future in the School of Business at
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HIGHLIGHTS • Association to Advance Collegiate Schools of Business (AACSB) • Agility Bank – LaQuita Cyprian Woman Owned – Woman Led
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The Higher Education Emergency Relief Fund (HEERF)
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Entrepreneurship Howard University/PNC Grant
Association to Advance Collegiate Schools of Business
[Introduction]
2021. The date for the JHJ visit was scheduled on 02/27/22-03/01/22. Namely, the external program review team (PRT) includes:
The Jesse H. Jones (JHJ) School of Business, located in a three-story, 76,000-square- foot building completed in 1998, houses its undergraduate and graduate students. It was the first business school at an HBCU to be accredited by the Association to Advance Collegiate Schools of Business (now AACSB International), and it has been named one of the “Best Business Schools” by the Princeton Review. The School is consistently one of the highly ranked business schools from a public HBCU in the U.S. News & World Report rankings.
Chair of PRT - Dr. Firku Boghossian, Dean, Morgan State University
Member of PRT – Dr. Joy T. Smith, Dean ., Elizabeth City State University
Member of PRT – Dr. Emmanuel O. Omojokun, Dean Virginia State University
AACSB Staff Liaison – Ms. Rachel Dixon-Zudar, Manager of Accreditation Services, AACSB International [Preparation and Development of the AACSB Self-Study Report] The JHJ School AACSB Steering Committee was formed in Fall 2020. The Committee met 6 times in fall 2020, 7 times in spring 2021, at least 6 times in the summer 2021 to plan the content, collect information, assign the task/ domain area for writing, review and modify the relevant information, drop the duplicates, merge the similarities, improve the content, and discuss/resolve the conflicts to prepare the final version of AACSB self-study report. Among these aforementioned tedious and time- consuming tasks, one of the important decisions made in fall 2020 was the adoption of the 2020 standards which was approved by AACSB on
[Background]
Academic programs in the JHJ School of Business had their beginning in the Department of Business Administration in the College of Arts and Sciences in 1947. The Department was elevated to Division status in 1950 and School status in 1955. The School achieved its initial accreditation by the AACSB in 1968, the first of the HBCU’s to receive this designation. After a period in the 1980s in which the School’s AACSB accreditation was not reaffirmed, it again met the standards in 2002 when a 10-year accreditation was granted. In 2012 the School achieved accreditation for five additional years; and in April 2017, its accreditation was reaffirmed until the 2021-2022 academic year. As a result, a new application for AACSB accreditation extension was made on Spring
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February 21, 2021 by Ms. Amy Roberts, Manager, Accreditation Operations and Implementation.
The final version of the self-study report was approved by Madam Provost and Madam President at the end of September and was emailed to the Chair of PRT and uploaded in to the AACSB web site as per AACSB’s requirement. In the initial submission, the Self-Study Report is composed of 50 pages as required. Additionally, there are AACSB Tables section including Table 3-1 (Faculty Qualification and Sufficiency), Table 3-2 (Deployment of Faculty by Qualification),Table 8-1 (Intellectual Contributions for the Five-year Period 2017-2021), Faculty Qualification and Sufficiency Criterion, and JHJ Strategic Plan (2021-2025); an Addendum section (Appendix A-T) for around 120 pages; and a Tables and Figures section including 29 figures and tables referenced in the self-study report. Further, the executive summary (5 pages as required) was uploaded separately into the web site. JHJ also created a shared link with around 20 compressed files. This link provides such information resources as the faculty CV, faculty articles/publications by year, AoL assessment plans/records/raw data/ evaluation/survey/interview questionnaires, and related documents/records). [Inquiries, Questions, and Clarifications about the AACSB Self-Study Report] To prepare for the AACSB campus visit in late February, starting January 2022 there were three rounds of questions, comments and inquiries about the submitted AACSB self-study report submitted in Fall 2021. The Steering committee met again 3 times to prepare each round of questions in mid- January, early February and mid-February. The
The completion of the AACSB self-study report was a team effort, the AACSB steering committee has shouldered the risibility and taken the burden to handle all related tasks which contributes much to the success of this review. The team included the following persons:
Chair - Dr. Kun Wang, Professor of Accounting
Member - Dr. David Yen, Dean, JHJ School of Business
Member - Dr. Zahid Iqbal, Associate Dean For Faculty Affairs, Assessment & Evaluation
Member - Dr. Mayur Desai, Associate Dean for Academic Affairs
Member - Dr. Claude Superville, Chair, Department of Business Administration
Member - Dr. Kamala Raghavan, Chair, Department of Accounting and Finance
Member - Dr. Naveed Haider, Assistant Dean for Graduate Program
Member - Ms. Erica Vallier, Assistant Dean for Budget, facility and Support
Member - Ms. Muriel Funches, Executive Director for Advancement
Member - Ms. Michelle Hill, Executive Director for Student Success
Member - Mr. Ken Collins, Director of Technology
clarification reports were sent to PRT in a timely manner to provide additional information, correct certain errors, clarify some misunderstandings, redo certain tables/figures, and fix some omissions. Namely, some additional information/materials include risk analysis and assessment in the JHJ School, learner success folder, student valuation questionnaire and instrument, faculty annual evaluation folder, and updated executive summary.
Thanks to the participation all committee chairs, faculty, staff, alumni, BAC members, and undergraduate and graduate students. Without the support from the aforementioned persons/ groups/committee, the visit would not have been smoothly conducted.
[Final Result]
PRT committee prepared the review report to the JHJ School for checking factual errors, and then turned in to AACSB headquarters. The School received the result by the first week of April that the JHJ School of Business had successfully received another five -year’s renewal of AACSB accreditation.
[AACSB PRT Visit]
The visitwas scheduled on 02/27/22- 03/01/22. PRT committee introduced the objective of AACSB review and reviewed the campus status and library resources in the 02/27 afternoon and discussed in detail with strategic planning committee, AOL committee, faculty committee, supporting staff, graduate studies committee and alumni in the 2nd day, respectively. The 3rd day’s activity included the meetings with promotion and tenure committee, career development and placement group, undergraduate students group, graduate students, tenured faculty group, tenure track faculty group, business advisory committee, and group for developing thought leadership and social impact. Finally, the PRT committee concluded the visit with one last meeting with Dean and another exit interview meeting with provost and president on the last day.
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A native Houstonian and veteran banking leader
Laquita Cyprian Chief Banking Officer at Agility Bank
Laquita Cyprian, a native Houstonian and veteran banking leader, has significant insights into the economy and opportunities of companies in the region. At Agility Bank, she is responsible for development, client relationship growth, as well as executing digital strategies that meet the needs of growing businesses in deposit, lending, and treasury management. Her career, which spans over 20 years, has focused on providing banking solutions to small and mid-sized companies which are focused on sustainable growth. At large national banks, she has managed teams that have been recognized for relationship building through strategic service and product solutions, as well as helping bring efficiencies to companies’ operations. Laquita attended the University of Houston where she studied Business Administration. She has served on a number of boards including board chair of CSTEM, an organization supporting children in science, technology, engineering, and mathematics. She is currently a board member of The Women’s Resource, an organization which focuses on economic empowerment of women and a member of the JHJ School Business Advisory Council. She is also active in other philanthropic and business organizations.
Agility Bank Opens as First Minority Depository Institution in the U.S. Established to Focus on Women—But Serving All
Veteran banker Laquita Cyprian just knew there had to be a better way to serve her small and mid-size businesses. She found the answer at Agility Bank, the first bank in the country to form under a special Minority Depository Institution charter of the Office of the Comptroller of the Currency to focus on women, but working for all. “This is an incredible opportunity for the Houston community,” said Cyprian who is the Chief Banking Officer for Agility and attended Texas Southern University. “There are over 200,000 small businesses in the Houston area. Minority females are becoming entrepreneurs faster than any other group with minority men in a close second. Agility is a bank committed to fostering the growth of small and mid-size businesses who are contributing to the success of Houston’s economy.” Set to open late this spring, Agility was the culmination of experiences of Lauren Sparks, a former community banker who ultimately formed her own firm to assist community banks meet their compliance and regulatory requirements. She just didn’t see enough women in either the C-suites or even at the table. “Agility is not about men or women, it is about having the best ideas at the table and that has to include both women and men,” said Sparks, president and CEO of Agility. “The time is absolutely right for a bank like Agility as Houston
engages in an evolving economy. There are incredible opportunities.”
Not content to forming the usual bank, Sparks is launching a primarily digital bank. “We are as close to a fintech as our clients want or need. Our clients will know, however, that relationships will always be our North Star,” she said. One example of forward leaning technology is A2B Express, a platform for small businesses in the Houston region to apply for a loan online. The system pulls in information from over 20 sources to help make the lending decision, including credit scores, tax records and publicly available information. “This saves the small business person a significant amount of time,” explained Cyprian whose previous experience had been with larger banks. “They don’t have to run around to gather a lot of their information. Rather they can continue doing what they like to do—grow their businesses.” She added: “The best news? The typical time to receive an answer is less than a day, most likely in a matter of hours. If issues are brought up in the process, our bankers are committed to trying to guide the applicants to becoming bankable.”
The Agility team is also concerned about the
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pipeline of women in the financial industry. Success on Wall Street has outpaced female leadership at local levels. As of this year, there are 74 female CEOs at America’s 500 highest- grossing companies. This is up from 41 in 2021 and only 7 in 2002. Even with this increase, females still account for only 15 percent of the top leadership at the biggest public businesses. “We have formed generational dream teams,” explained Sparks. “Less experienced bankers are paired with seasoned bankers to help fast- forward their careers. Interestingly, we have found that knowledge and insights flow both ways!” Houston has signaled that it is ready for a primarily female owned and led bank. “Our shareholders are 70 percent women and 85 percent are from the Houston area,” said Sparks. “One of our board members was asked to start a women-led bank in the 1980s. The time just wasn’t right she told them. Today it is!” And the numbers are with Agility and their clients. While women are about twice less likely than men to obtain capital financing for their
businesses, they still produced more than $1.9 trillion in revenue and employ almost ten million.
“The good news is that various studies indicate women-owned businesses perform better than those owned by men—sometimes over 50 percent better,” noted Cyprian. “And every day last year over 1,800 businesses were started by women.” The upshot of the opening of Agility Bank? “We can be where our customers are—on the phones, tablets, computers, or in person at our location at 2401 North Shepherd in the Heights. And I am a part of a bank with the tools and foresight to make banking work for our clients.”
For more information, visit www.agility.bank
HEERF Grant
David C. Yen, Ph.D. DEAN JHJ SCHOOL OF BUSINESS
T he Higher Education Emergency Relief Fund III (HEERF III) is authorized by the American Rescue Plan (ARP), Public Law 117-2, signed into law on March 11, 2021, providing $39.6 billion in support to institutions of higher education to serve students and ensure learning continues during the COVID-19 pandemic. Over several semesters we met with groups chosen to explore particular Supplemental Appropriations Act, 2021 (CRRSAA), Public Law 116-260 and the Coronavirus Aid, Recovery, and Economic Security (CARES) Act, Public Law 116-136. Emergency funds available to institutions and their students from all emergency funding sources total $76.2 billion (https://www2.ed.gov/about/offices/ list/ope/arp.html). The Jesse H. Jones School of Business (JHJ School of Business) submitted a project to employ information technology for developing a large flexible lab/ classroom space in the JHJ School of Business building for alternative modes of instruction to teach subjects, such as cyber security, identity theft, social commerce, IT auditing, and IT governance/control; and conduct other related academic and curricular activities including workshops, digital seminars, and teleconferencing in the aforementioned subject areas to enhance remote distance learning. This initiative allows the JHJ School of Business to provide in-person instruction to the business students in an environment in which students can be adequately trained for COVID safe learning and hence, improve and sustain the learning outcomes given emerging digital advancement. This initiative also allows the School of Business to provide alternative modes of instruction should an uptick in COVID cases necessitate remote and/or hybrid learning. In addition, related instruction and subject areas can be taught using the modern technology and equipment to benefit other disciplines including computer sciences, communications, marketing, and computing technology/management.
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This project places a focus on the following three areas:
chain management, customer relationship management, insurance, and IT auditing to attract more students.
1. Cyber Security/Identity Theft Project to Promote Security Awareness for a Diversified and Inclusive Work Force 2. Digital Marketing to Impact the Business Growth … A New Approach to Digital Transformation and Technology Disruption 3. IT Governance and IT Auditing Project to Improve the Auditing Knowledge and Empower Minority Accounting and Finance Leaders Area 1 emphasizes a greater focus on security subject areas, including impact and related issues/challenges. Important knowledge and skill components include data communication, cyber security, data warehouse, and data mining with an equal emphasis on Internet marketing (e-commerce), business intelligence, and identity theft. This is a more quantitative approach chosen by some universities to place an emphasis on technology to attract students. Possible student careers may include, but are not limited to the following: • IT auditor • System consultant • System assurance • Cyber security analyst • System administrator • Controller • Compliance officer • Accounting/Financial specialist Currently, the Jesse H. Jones School of Business has a good Management Information System (MIS) program, including MIS undergraduate majors and Master of Science in the MIS program. Given growing technology needs, all business disciplines are adopting and implementing technology at an accelerated pace. For example, finance (Fintech), accounting (Accounting Information Systems and IT auditing), MIS (Enterprise Resource Planning), and production/operation management (Supply Chain Management) are all good examples. This project will help and assist the Jesse H. Jones School of Business in developing the new, needed disciplines, such as supply
The focus of Area 2 is to improve students’ learning outcomes and enhance their competitive advantage in the marketplace. Students will be exposed to functional areas of an organization, including product development, mergers and acquisitions, performance management, technology adoption and implementation, and innovative marketing strategies and approaches. In specific, students will have chance to learn more about digital marketing, also called online marketing. It is the promotion of brands to connect with potential customers using the internet and other forms of digital communication. This includes not only email, social media, and web-based advertising, but also text, graph, animation, video, and multimedia messages as marketing channels (https://mailchimp.com/marketing-glossary/digital- marketing/#:~:text=Digital%20marketing%2C%20also%20 called%20online,messages%20as%20a%20marketing%20 channel). Further, digital marketing can be broadly categorized into seven components: Search Engine Optimization, Pay-per- Click, Social Media Marketing, Content Marketing, Email Marketing, Mobile Marketing, and Marketing Analytics (https://www.snhu.edu/about-us/newsroom/business/types-of- digital-marketing). Possible student careers may include the following: (https://www.michaelpage.ae/advice/career-advice/ growing-your-career/top-7-skills-required-become- digital-marketing-expert): • Search Engine Optimization (SEO) specialist. It should come as little surprise that SEO is the skill at the top of this list. • Pay-per-Click (PPC) executive/specialist • Social media expert • Email marketing • Mobile marketing • Analytics • Content management/marketing • Marketing automation Currently, the JHJ School of Business has about 260 marketing majors. It is our hope that we can attract more students in the marketing area in the future.
Finally, Area 3 will be focusing on Information Systems/
Information Technology (IS/IT) auditing, IS/IT control, internal audit functions (IAF), risk analysis, and IT compliance and regulations, asset management, the credentials of Certified Information Systems Auditor (CISA) offered by ISACA, and Certified Information Technology Professional (CITP) offered by the American Institute of Certified Public Accountants (AICPA) are highly sought-after credentials in the market. Certified Information Systems Auditor (CISA) is the designation issued by the Information Systems Audit and Control Association (ISACA) and considered the global standard for professionals who have a career in information systems, in auditing, control, and security. The Certified Information Technology Professional (CITP) credential was established for CPAs with the unique ability to bridge between business and technology, while meeting the requirements for a CPA license, as well as additional training and experience in IT assurance, risk, security and privacy, and data analytics. An information technology audit or information systems audit, is an examination of the management controls within an information technology (IT) infrastructure and business applications. The evaluation of evidence obtained determines if the information systems are safeguarding assets, maintaining data integrity, and operating effectively to achieve the organization’s goals or objectives. These reviews may be performed in conjunction with a financial statement audit, internal audit, or other form of attestation engagement. (https://en.wikipedia.org/wiki/ Information_technology_audit)
This project, a true team effort and was partially funded in Spring 2022. There are several people who deserve recognition.
In terms of the project development, thanks to the comments/suggestions provided by Dr. Zahid Iqbal (Associate Dean), Dr. Claude Superville (Interim Chair, Department of Business Administration), Dr. Kamala Raghavan (Interim Chair, Department of Accounting and Finance), Ms. Erica Vallier (Assistant Dean), Ms. Veronica Gatson (College Business Administrator II), and Mr. Ken Collins (JHJ Technology Director).
Further, special appreciation goes to Madame President, Dr. Lesia L. Crumpton- Young and Madam Provost, Dr. Lillian B. Poats for their funding consideration.
I also want to thank Dr. Sabrina N. Williams and Ms. Stephany R. Fall for their kind assistance in guiding and monitoring progress to facilitate the completion of this project. Certainly, we cannot forget the help from all other stakeholders, such as the Office of Information Technology (OIT) and Department of Facilities Maintenance, Construction and Planning among others.
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David C. Yen, Ph.D. Dean JHJ School of Business PNC Entrepreneurship Center
In October 2021, PNC foundation announced a 16.8 million (PNC Commits Nearly $20M in Support of HBCUs and Entrepreneurship | PNC Insights) to launch the Howard University and PNC National Center for Entrepreneurship in Washington, DC utilizing three universities that will serve as regional hubs, to coordinate programs, research and community outreach for the nation’s network of 101 HBCUs. These three universities include:
the programs regional partners is responsible for the following six states including OK, AR, MO, LA and Texas and will receive around $500,000 each year for a five-year period. This five- year project funded by PNC bank will have the following concrete objectives to accomplish: • To establish the centers in several geographical areas and be responsible for assisting local community development, • To expand the innovative educational opportunities in general and in specific, to expand and increase focus on undergraduate and graduate education in the area of innovation and entrepreneurship, • To improve students’ experiential and service learning to establish and develop their own career opportunity as small business owner in the Houston Metropolitan area and the great Midwest and Texas regions. • To award faculty to publish more innovative papers/articles in the area of entrepreneurship, small business and general management/ marketing areas to assist the use of technology and enhance the local economic development,
• • •
Clark Atlanta University, Atlanta Morgan State university, Baltimore Texas Southern University, Houston
According to the same source, the national center and its regional HBCU partners will focus on expanding access to entrepreneurship opportunities by engaging students, business owners and communities of color by growing their enterprises and providing support to their local community throughout the country. In specific, this opportunity allows the JHJ School of Business at TSU to participate with Howard University to develop the entrepreneurship regional center under the PNC Foundation grant. The JHJ School of Business at TSU, as one of
• To develop more networking opportunities for HBCU students with external stakeholders,
6. Coverage of Entrepreneurship, Franchising and Business Plan Presentations in BADM 101 Introduction to Business
• To enhance the student’s extra-curricular activities and expand their competitive advantages in the future. • To serve as a platform for local, national, and international collaborations with universities and black businesses in building sustainable relationships. • To provide partnerships with HBCUs and other Universities in evaluating, incubating and growing black enterprises in their immediate communities, The Past Histories and Activities related to Entrepreneurship and Innovation at the JHJ School of Business
7. TSU Incubator vision with proposed mentor partners released in 2009
8. TSU Incubator Partnership Proposal created in 2010-2011
9. TSU Incubator certificate programming created in 2011
Some Past/Current Courses in the Entrepreneurship Area
1. BADM 101 Introduction to Business and Entrepreneurship (3) Overview of the nature of business and its environment with focus on social responsibility, environmental/ ecological issues, and ethics. Three hours of lecture per week. 2. ENTR 300 Introduction to Entrepreneurship (3 Credits) Topics include entrepreneurship, entrepreneurs, and new venture development. Individual and team projects, including the development of introductory level business
Some important activities may include but are not limited to the following items.
1. Houston Black Real Estate Association (HBREA) – Continuing education, community housing education, class room speakers, scholarship
2. Phillips66 – professional development, fulltime employment and internships
plans. Prerequisites: Junior standing completion of 60 credit hours of work.
3. Microsoft Corporation certification – Excel Booster and Microsoft certifications
3. ENTP 330 New Venture Marketing (3 Credits)
4. Rising Star Capital Management Financial Bootcamp / Invesco/ Goldman Sachs. professional development in the area of financial services
A study of the fundamentals of marketing research, planning, and strategy as applied to new ventures. Major emphasis on developing market planning and research skills. Prerequisite: ENTR 300.
5. Guest speakers on Entrepreneurship in BADM 101 Introduction to Business
4. ENTP 335 Financial Found/New Vent (3 Credits)
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Financial Foundations for New Ventures (3) Foundational accounting and financial analysis for new ventures. Major emphasis on the production, integration, and interpretation of financial information for use in business planning and capital budgeting. Prerequisites: ACCT 231 and ENTR 300. 5. ENTP 420 Seminar In Entrepreneurship (3 Credits) Capstone course in the entrepreneurship concentration. Major emphasis on entrepreneurial skill integration, case analysis, and the development and presentation of an advanced-level business plan. Prerequisites: ENTP 300, ENTP 330, and ENTP 335. 6. FIN 415 Sm Bus Entr Fin (3 Credits) Application of the theories and concepts of financial issues within the framework of small business and entrepreneurship. Topics include financial analysis and forecasting, valuations, investment and growth strategies. Three hours of lecture per week. Prerequisite: FIN courses. 7. BADM 655 Entrepreneurship (3 Credits) Issues related to creating, managing, and financing a new business with a focus on product development and entrepreneurial financial planning including business plans and class projects.
plan to establish a Center for Entrepreneurship and Innovations to implement the Thought Leadership focus area presented in the ACCSB review comments report.
Appreciation
There are a number of persons/associations that deserve special appreciation for this PNC grant. Certainly, the PNC Foundation (Ms. Sally McCrady, Foundation President) which provided the generous support to the JHJ School of Business at TSU deserves a special appreciation. Further, thanks to Dean Anthony Wilbon and VP Barron Harvey (both with Howard University) for offering this opportunity to invite the JHJ School at TSU to participate in this grant proposal. In addition, special appreciation goes to the following persons in the PNC’s regional Bank of Houston (Ms. Julie Sudduth, President and Ms. Linda Nunnery, PNC Client and Community Relations Director). Finally, the JHJ School of Business really appreciates the continuous support from Rossitsa Nicolova (Sr. Vice President & private Banker, PNC /BBVA) as Member of the JHJ Business Advisory Council (BAC).
The Future Plan
The future plan is to develop the JHJ School of Business PNC Entrepreneurship and Innovation Center Entrepreneurship Center to accomplish the aforementioned objectives, as per the school
FACULTY FOCUS •
Interdisciplinary Role of Data Analytics Dr. Mayur S. Desai
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International Distinguished Research Grant Dr. Tai (Chuang KS Foundation) 1
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Outstanding Service to Texas CPA Association. Dr. Richard Pitre
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Faculty Spotlight: Dr. Delonia Minor-Cooley
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Interdisciplinary Role of Data Analytics - Abstract
Dr. Mayur S. Desai
Data science is a new interdisciplinary field of research focused on extracting value from data and integrating knowledge and methods from computer science, mathematics and statistics, and the domain knowledge of the data (Hazzan & Koby August 2021). Data Analytics is a major activity within the Data Science. It facilitates transforming the enormous amount of data into visual form that is understandable and meaningful to the problem solver in the decision-making process. There are two aspects to the data analytics – the domain knowledge of the data (information literacy) and the ability to use software application tools (technical literacy). A data scientist needs efficiency and subsequent problem solution.
A paper is being developed to present few examples of the data analytics tools, such as RapidMiner, Tableau, Power BI, and Python/R programming, that data scientists use for problem solving and decision making. The examples include brief explanations of the problem domains and the data analytic tools used in extracting, transforming and loading (ETL) the data for processing and subsequent problem solving and decision making. The paper further presents the guiding principles used in identifying the critical parameters to be monitored in evaluating the system performance. A concept of developing dashboards
Adviso r Dr. Mayur Desai Ayodele Olofinsao John Idoko Blessing Ezeudu
and how they display the critical parameters will be briefly introduced.
In conclusion, the paper will outline the future direction and shape of the future job outlook in the field of data analytics and in general the data science.
Orit Hazzan, Koby Mike, “A Journal for Interdisciplinary Data Science Education, Communications of the ACM”, August 2021, Vol. 64 No. 8, Pages 10-11
Dmilola Alade Aliza Durvesh President Lesia Crumpton Young
As a project to demonstrate how to transform data as described above, the JHJ School graduate students enrolled in MIS 688 Predictive Analytics course presented a poster at the TSU Research Week 2022. The title of the poster presentation was “Interdisciplinary Data Literacy”. The poster presentation was visited by faculty/students from various schools at Texas Southern University. Our students responded to the questions asked by the visitors. They also provided a brief demo and presentation of various data analytics tools such as, RapidMiner, Power BI, Tableau. The comments made by the visiting faculty and students were very encouraging. The JHJ School of Business appreciates and congratulates the graduate student participants on their excellent performance in promoting the school at the TSU Research Week 2022!
Dr. Delonia Minor-Cooley Faculty Spotlight
The stars are shining bright and the spotlight is on the American Marketing Association’s award-winning leader, Dr. Delonia Cooley! Under Cooley’s leadership our AMA Chapter has been named in the Top 10 for two years, Top 25 for one year, and now we are the Top Small Chapter of the Year for 2022-2023. This ranking puts the TSU-AMA chapter in the Top 15 Chapters of the Year out of all 350+ chapters! The chapter was also recognized for being the Top Small Chapter to donate the most funds raised for the National AMA Foundation’s #GivingTuesday campaign. In addition to all those top accolades for our AMA Chapter, this spring Cooley was featured as the marketing professor on BET’s hit reality show College Hill: Celebrity Edition produced by Tracey Edmonds. The show featured celebrities Nene Leakes, Ray J., Lamar Odom, Big Freedia, Stacey Dash, Dream Doll, India Love and Slim Thug as they headed back college to have an HBCU experience and reveal life enrolled at TSU to finish their degrees. Cooley’s no-nonsense style in her classroom, created a challenging environment amongst some celebrities, while others were very appreciative of her style and loved the class. Her course work included product presentations which required research and preparation time. It’s a reality show so you know there was some great footage edited out and left on the cutting room floor! As one of her former students said,”Y’all already know,,,Cooley is not going for that crazy stuff in her class”. You should check it out streaming exclusively on BET+.
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Is Currency Exposure Puzzle Really a Puzzle? International Evidence
Accounting and Finance Dr. Chu-Sheng Tai
Motivated by the limited success in detecting significant currency exposure in the extant literature, in this paper I attempt to resolve the so-called “exposure puzzle” and thus contribute to the literature by investigating whether currency movements have any significant impact on stock returns for seven selected industries which are common across 12 diversified economies such as the G4 countries (Canada, Germany, Japan, the UK), as well as eight emerging markets, including four Asian markets (China, South Korea, Taiwan, and Thailand) and four Latin American markets (Argentina, Brazil, Chile and Mexico) if both conditional heteroscedasticity and asymmetric currency exposure are considered in the estimation. Based on the estimation of an asymmetric three-factor exposure model using multivariate GARCH (MGARCH) methodology, I find that currency exposure is highly significant and pervasive since 73 (86.90%) and 64 (76.19%) of 84 country- industry portfolios examined are significantly exposed to the bilateral exchange rate and trade-weighted exchange rate changes, respectively. In terms of the size of total currency exposures, the lowest mean total currency exposure is 0.131 for developed market industry portfolios when the trade-weighted exchange rate is used, suggesting that ceteris paribus a 1% appreciation of the trade-weighted USD exchange rate is, on average, associated with a 0.131% increase in the weekly excess returns of these portfolios. On the other hand, the highest mean total currency exposure is 1.241 for Asian emerging market industry portfolios when the bilateral exchange rates are used, implying that ceteris paribus a 1% appreciation of the local currency with respect to the USD is, on average, associated with a 1.241% increase in the weekly excess returns of these portfolios. As a result, the currency exposures are not only statistically significant but also economically important. These empirical results remain unchanged under several robust tests. This is an extremely important finding as it suggests that previous studies on currency exposure which rely heavily on the standard OLS or SUR method of estimation with the assumption of constant variance of firm’s or industry’s returns and symmetric exposure over appreciation-depreciation cycles are frequently mis-specified. Consequently, the methodological weakness from previous studies is the reason for the exposure puzzle, which may not necessarily due to the effective hedging as proposed by some researchers. However, this so-called “exposure puzzle” may not be a puzzle at all once a better methodology such as the MGARCH is utilized in the estimation.
Jesse H. Jones Professor Richard Pitre Receives Outstanding Educator Award
Professor of Accounting Dr. Richard Pitre
Congratulations to Dr. Richard Pitre, distinguished professor of accounting in the Jesse H. Jones School of Business, for receiving the Outstanding Accounting Educator Award from the Texas Society of Certified Public Accountants (TXCPA). It is classified in the medium College/University category and is funded by the TXCPA Accounting Education Foundation. “This prestigious award funded by the TXCPA Accounting Education Foundation recognizes one the best TSU’s teachers and scholars, Dr. Richard Pitre, who demonstrates excellence in teaching and has distinguished himself through active and valuable services to the accounting profession in general, and the CPA community in particular,” said Dean of the Jesse H. Jones School of Business Dr. David Yen. The Texas Society of Certified Public Accountants is the largest, most influential association of accounting and finance professionals in Texas, dedicated to supporting, promoting and protecting the value of the CPA designation. Since 1915, members have counted on the organization for various professional resources and updates on critical professional issues. TXCPA advances the accounting profession in Texas from influencing policy and regulation to shaping the perception of CPAs across the state. “I am honored to receive this award. It is validation that if we do not grow weary in doing good, we will be rewarded,” said Dr. Richard Pitre. “In spite of obstacles, we must persevere because in the end, ‘None shall stand but the Pure in Heart.’” With 49 years of teaching experience and 36 years of experience as a Small Business CPA Practitioner, Pitre has served as a University administrator at TSU in roles including associate provost for Academic Affairs, dean of The Graduate School, director of the Honors Program and director of the eLearning Program. During his time as the director of the eLearning program, he formally instituted the online educational program at the University and served as one of the authorized providers of the required Ethics Course for Texas Certified Public Accountants for over twelve years. Pitre is a member of the Board of Directors of The Texas Society of Certified Public Accountants, a trustee of the Education Foundation of the Texas Society of Certified Public Accountants and a former member of the Medical Ethics Board of MD Anderson Cancer Center. He has served on several committees for these organizations. Additionally, he has served as the program chair for the AICPA Summer Faculty Seminar and regional vice president of the American Accounting Association’s accounting programs leadership group.
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STUDENT FOCUS •
HP HBCU Technology Conference Bot-a-Thon Competition
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2021-22- Ms. JHJ and Mr. JHJ
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Beta Gamma Sigma Induction
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TSU Salutatorian
TSU Places 1st Place in the HP HBCU Technology Conference Bot-a-Thon Competition
On November 5, 2021, Texas Southern University students John Idoko, Lanitria Hawkins (Thorn), Chukwu Uzor and Jemima Egwurube made up the winning team that placed first in the final round of the HBCU Technology Conference Future of Work Academy (FOWA)
20 HBCU’s formed the 33 different teams that participated in the competition with the following schools entering teams: Texas Southern University, Tuskegee, Virginia State, Prairie View A&M, Jackson State, Clark Atlanta, Morgan State, Bowie, Cheyney, Southern, Stillman, Lawson, Bennett College, Morehouse, NC A&M, Lawson State, Alabama A&M, Howard, NC Central, and Dillard. Only six of the 33 teams made it to the final round. Seven HBCU’s were represented in the final round: Alabama A&M, Jackson State University, Tuskegee University, Bowie State University, Texas Southern University, and Jackson State University. The virtual conference consisted of over 25 presentations across three tracks. It took place during five days in September. Presentations were grouped into three tracks: IT staff, faculty & non-IT staff and students. Within the tracks presentation topics included career development, internship opportunities, the future of work, and Power Automate.
competition. Each team member will receive an invitation for internship interviews with HP and Microsoft. Additionally, they will receive an HP Omen laptop, Xbox, and year’s supply of HP Instant Ink. The competition, known as the Bot-a-Thon, and conference were sponsored by HP, Intel, and Microsoft. All students who attended the conference were eligible to compete in the Bot- a-Thon. The TSU team created an application using Microsoft’s Power Platform and Power Automate (the Microsoft 365 applications that allows users to automate a sequence of tasks).
The BOT and the team were evaluated on the following:
All members of TSU’s winning team are currently enrolled in MIS 675, Fall 2021.
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User Experience
Dr. Marion S. Smith served as the Campus Champion for TSU – the intermediary between TSU and the conference.
Creativity & Innovation Thinking
• Complexity, Business Impact & Functionality • Performance • Scalability/Expansion
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