FIU Business Now Magazine - Fall 2023
 
THE MAGAZINE OF FLORIDA INTERNATIONAL UNIVERSITY'S COLLEGE OF BUSINESS
 
FIU Business faculty share insight with the media 

FIU Business Faculty Share Insight With The Media

ABC News – July 31, 2023
In a report about Florida's increasingly volatile insurance market, Shahid Hamid, professor of finance, explained that, while climate change may be contributing to long-term increased risk, it alone cannot explain the shorter-term variation in premiums. "There's no question that the physical risk has gone up, but, incrementally," Hamid said. "Climate change and so on doesn't justify the doubling of premiums in the past five years."

The New York Times – July 27, 2023
Dan Prud'homme, assistant professor of international business, was quoted in an article about Elon Musk's efforts to turn X into an "everything app," which will likely run into cultural differences, regulatory scrutiny and a splintered financial system. In the U.S., people are "accustomed to single-service apps, which makes moving to a multiservice app a bit disorienting," said Prud'homme. "To some extent, U.S. customers don't like feeling that they are too beholden to a single firm for their everyday needs."

In the U.S., people are "accustomed to single-service apps, which makes moving to a multiservice app a bit disorienting."

– Dan Prud'homme, Assistant Professor, International Business

Forbes – July 21, 2023
In an op-ed, Dileep Rao, clinical professor of international business, discussed an entrepreneur's search for investors who know the industry, those who are willing to invest and those who are willing connect the start-up with others who will also invest. When considering venture capitalists "it is important to evaluate several criteria, including the amount of funding available, the timeframe for obtaining it, and the associated costs in terms of both money and control," he wrote.

CNN – July 21, 2023
In a story about soccer legend Lionel Messi's arrival in South Florida, Gustavo Mosquera, associate teaching professor of marketing and logistics, discussed how he has supercharged both his team, Inter Miami CF, and Major League Soccer. "In terms of sales, they have been growing, in terms of followers, in terms of engagement, in terms of jerseys worn, in terms of fans," he said. "But in terms of community, have you ever sold the stadium entirely, completely?"

"In terms of sales, they have been growing, in terms of followers, in terms of engagement, in terms of jerseys worn, in terms of fans."

– Gustavo Mosquera, Associate Teaching Professor, Marketing and Logistics

Miami Herald – June 23, 2023
In a story about soaring home prices in Miami-Dade County, where the median price for single-family homes reached $620,000 in May 2023, Mark Thibodeau, assistant professor of real estate, noted that Miami-Dade remains an attractive place and continues to draw businesses to move here, bucking the trend seen in other cities. "These businesses have high-salary positions, and those employees can afford to pay for higher-priced homes," he said.

Scientific American – June 2, 2023
In a story about the possibility that a FEMA disaster fund and state insurance programs could run out of money to finance disaster recovery and pay claims as hurricane and wildfire seasons began, Shahid Hamid, professor of finance, discussed possible assessments on insurance companies and skyrocketing costs for policyholders. "I suspect more and more people might simply drop coverage if they've paid off the house," he said.

"I suspect more and more people might simply drop coverage if they've paid off the house."

– Shahid Hamid, Professor, Finance

Global Miami – April 2023
In a story about the growth of foreign investors in South Florida's commercial and residential real estate markets, Suzanne Hollander, associate teaching professor of real estate, explained that the upheaval of democratic institutions in Latin America is a key driver. "The U.S. is the safest place to buy property because of the transparency of its real estate market data [and] the stability of the U.S. dollar…" she said.

Florida Trend – March 20, 2023
An article about FIU's new MBA in Business Analytics and MBA in Cybersecurity Risk Management programs featured insight from FIU Business Dean William Hardin, who noted that more data can be analyzed anywhere at any time than ever before. "The question is, How do you take that data and convert it into information that's usable in real-world decision making?" he said.

"The question is, How do you take that data and convert it into information that's usable in real-world decision making?"

– William Hardin, Dean, FIU Business