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Business Networks is a monthly, video-enhanced electronic newsletter designed to connect, engage, and inform alumni, partners, and friends of the College of Business Administration at Florida International University. It is published in magazine format twice a year—in fall and in spring.

Editor: Sally M. Gallion.
Writers: Beverly Z. Welber, Melissa Saegert Elicker, and Michelle Joubert.
Design: Alexis Puentes.
Photographers/Videographers: Olakunle Ekunkonye, Alexis Puentes, and Kenneth Setzer.

 

In this Issue:

Business Insight

Transfer pricing holds clues to international money laundering, terrorist financing, and more.

In the Works

Entrepreneurship Hall of Fame ceremony celebrates a different kind of green.

Innovative web sites capture major prizes in 2008 Entrepreneur Challenge Business Plan Competition.

Groundbreaking study tracks the distinctive characteristics of social entrepreneurship.

International MBA offers exciting support for prospective, incoming, and graduating students.

Two new books take larger-than-usual view of global competition.

In the Community

Student volunteers put tax expertise to work for Sweetwater residents.

Focus on Alumni

Jesse Miller (MBA ’06)

School of Accounting Alumni host summer celebration.

Alumni Notes

Previous Issue:

What are the best tax strategies for 2008? Plan ahead.

Executive Dean’s contributions are crystal clear.

Lectures grace spring calendar.

Global Energy Forum stimulates discussion of factors shaping global energy demand and supply in The Americas.

At Commencement, graduates learn they have much to be proud about.

Read more.

 

 

 

 

 

 

 

 

 



Business Networks | July, 2008 | Volume 6, Issue 7
http://business.fiu.edu

Transfer pricing holds clues to international money laundering, terrorist financing, and more.

View entire video interview with John Zdanowicz.

Combine an economist, a detective, and a pioneer and you end up with John Zdanowicz, professor and Florida International Bankers Association Chair, Department of Finance and Real Estate in the College of Business Administration. For years, he has followed an investigative path that began with a study of international trade patterns, moved to international trade pricing, and recently has focused on transfer pricing and trade financing.

“The Internal Revenue Service (IRS) created the term transfer pricing, which has to do with abnormal pricing, such as overvaluing imports and undervaluing exports,” he said. “It focuses on transactions between what the IRS calls ‘related parties,’ such as a subsidiary dealing with a parent company, or two subsidiaries dealing with each other.” Read more. Blog this.

Entrepreneurship Hall of Fame ceremony celebrates a different kind of green.


From left: Mike Biaimonte (BBA ’86), voice of Miami HEAT; Joyce J.Elam, executive dean, College of Business Administration; Sergio Pino, chairman and president, Century Partners Group; Ignacio Urbieta Jr.(MBA ’85), CEO, Urbieta Oil Co.; Malcolm Butters (MBA ’83), president, Butters Construction & Development, and Nicholas Bustle (MIB ’88), president, SunTrust Bank, Miami-Dade County

Each year, the Entrepreneurship Hall of Fame (EHOF) induction ceremony and luncheon, the College of Business Administration’s largest alumni event of the year, makes a glittering mark. On May 8, 2008, 450 guests—including many alumni and former inductees—celebrated the tradition for the ninth time. Read more. Blog this.

Innovative web sites capture major prizes in 2008 Entrepreneur Challenge Business Plan Competition.

View videohighlights of teams and team members competing at the 2008 Entrepreneur Challenge Competition.

With rich cash awards and a forum for budding entrepreneurs to pitch their business and investors to speak about what they want out of a start-up opportunity, the Entrepreneur Challenge Business Plan Competition, hosted by the Eugenio Pino and Family Global Entrepreneurship Center at Florida International University, consistently creates excitement and opportunity.

On May 13, 2008, twenty of South Florida’s leading entrepreneurs, investors, and industry experts evaluated the business plans of ten finalist teams, with a total of $25,000 awarded to the winners and runners-up in the investment track and a new social track. Concepts embraced non-profits and for-profits in industries such as Internet, green technology, social networking, education, and entertainment. Read more. Blog this.

Groundbreaking study tracks the distinctive characteristics of social entrepreneurship.


Colleen Post

Ashoka, the global association of the world’s leading social entrepreneurs, has elected more than 2,000 leading social entrepreneurs as Ashoka Fellows, providing them with living stipends, professional support, and access to a global network of peers in more than sixty countries.

In examining the work of these Ashoka Fellows, a question comes to mind: How do social entrepreneurs compare with commercial entrepreneurs? Read more. Blog this.

International MBA offers exciting support for prospective, incoming, and graduating students.


David Parker

Thirty-five years ago, David R. Parker, chief operating officer, The Archstone Partnerships, and chair of the Florida International University Foundation Board of Trustees, received a life-changing opportunity upon completing his graduate work at the Harvard University Business School.

“Rather than leaping right into the workforce, I took advantage of a Frederick Sheldon Traveling Fellowship that enabled me to combine travel and study at points throughout Europe during a seven-month period,” said Parker, who studied the automakers in each country—during the volatile period of the early 1970s—while getting a sense of each culture and gaining confidence that helped him later operate at the highest corporate levels. Read more. Blog this.

Two new books take larger-than-usual view of global competition.

Watch Jerry Haar’s discussion of his two new books.

Within one week, Jerry Haar, associate dean for international affairs and projects, and professor, Department of Management and International Business in the College of Business Administration, saw the publication of two books he co-edited: Can Latin America Compete? Confronting the Challenges of Globalization with John Price; and Small Firms, Global Markets: Competitive Challenges in the New Economy, with Jörg Meyer-Stamer. They are number thirteen and fourteen in Haar’s active publication history. Read more. Blog this.

Student volunteers put tax expertise to work for Sweetwater residents.

VITA volunteers from Florida International University with Manny Morono, mayor of the City of Sweetwater at the podium, and Sharon Lassar, director, School of Accounting, to his right. The students had completed twenty hours of volunteer work in the VITA program for 2008, many at Sweetwater’s VITA sites, and were able to participate in the IRS’s “National Stimulus Day,” during which taxpayers could have their economic stimulus returns prepared free by VITA volunteers. The event took place on March 29, 2008.
View interview with Ana M. Raposo, IRS Senior Tax Consultant.

This tax season, 288 taxpayers in Sweetwater, Florida, got the help they needed to prepare and file their 2007 tax returns, thanks to a group of tax-savvy Florida International University students who participated in the Volunteer Income Tax Assistance (VITA) program.

Sponsored by the Internal Revenue Service (IRS), VITA offers free tax help to low-to moderate-income people who cannot prepare their own tax returns. To qualify for the program, 26 students—twenty from the College of Business Administration and six from the College of Law—took the necessary training and certification exam, then held multiple sessions in Sweetwater.   Read more. Blog this.

Jesse Miller (MBA ’06)
Manager, Equipment Rental
Midtown Video

View full interview with Jesse Miller (MBA ’06).

After earning his undergraduate degree from the University of Michigan with majors in philosophy and computer science, Jesse Miller (MBA ’06) was pursuing career opportunities in California in 2003 when he received a call from his father asking him to return to Miami and help his family’s business “on the management side.” Read more. Blog this.

School of Accounting Alumni host summer celebration.

The School of Accounting Alumni Affinity Council toasted two extraordinary milestones at its inaugural event in June: twenty-five years as an AACSB International-accredited School of Accounting and the retirement of professor Manny Dieguez after 32 years of service to the school. Students, alumni, and friends were invited to this networking social for food, fun, and a walking tour of the new business complex. Be sure to read our August issue for story, photos, and video highlights of this event.

Alumni Notes

  • Charles Sachs   (MBA ’99) is the vice president of Evensky & Katz. Sachs is a Chartered Financial Analyst (CFA). He is a member of The CFA Institute, The CFA Miami Society, the Financial Planning Association, and The Coral Gables Chamber of Commerce. He serves on the Evensky & Katz Investment Committee and currently is pursuing the CFP designation. He is a graduate of Embry-Riddle Aeronautical University and a former Marine Corps flight test crewmember.
  • Johane Jean   (BBA ’01) of Baker & Daniels, LLP, and volunteer with Central Indiana's United Way, graduated in May, 2008, from United Way’s comprehensive leadership development program, Leadership United, in the largest group to complete it in the program’s history.
  • Archie Jeter   (MIB ’06) was the grand prize winner of the investment track for the 2008 Entrepreneur Challenge. His business plan for “Go Global Educational Company” is dedicated to creating U.S. standards-based teaching modules delivered through the web. The company’s international reach connects students to news, events, and people all over the world.
  • J.C. Mendoza   (BBA ’06) currently is in the Finance Management Associate Program (FMAP) at Bank of America.

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© 2008 FIU College of Business Administration