2023
- Telemundo 51 – December 28, 2023
Amigos, si tienes pensado devolver un regalo, hay cosas que debes saber para facilitar el proceso de devolución. Sebastián García-Dastugue, profesor de mercadeo para FIU Business, explica que lo primero es saber la ventana de devolución. Cuánto tiempo tengo para la devolución, después si hay algún tipo de traba o un cargo que le cobran al cliente por recibir el producto. “Las compañías suelen extender el periodo de devolución durante la época navideña,” dijo García-Dastugue.
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- The Floridian – December 19, 2023
In a story on the launch of Business Growth and Acceleration Program (BizGap) for small businesses located in Florida’s 27th congressional district, Brian Van Hook, regional director, FSBDC, explained that Representative Maria Elvira Salazar (R-FL) was able to secure $650,000 for the program. “Florida SBDC at FIU appreciates the Congresswoman’s support to secure this funding to scale up the center’s successful BizGap program to FL-27,” he said.
Article
- WalletHub.com – December 19, 2023
In a story about the best Wells Fargo credit cards, Alexandra Aguirre-Rodriguez, associate professor of marketing, discussed why some big banks such as Wells Fargo, don’t have celebrity spokespeople which help a company shape consumers’ perception of the brand’s image. She explained that celebrity endorsers are just one means of communicating a brand image. “Wells Fargo conveys its brand image through corporate social responsibility initiatives and advertising messages,” she said.
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- El Nuevo Herald – December 16, 2023
In a story about the decrease of residential rents between 1% and 15% in several municipalities in Miami-Dade, Broward, and Palm Beach counties, Eli Beracha, director of the Hollo School of Real Estate indicated that migration is driving the change, but it’s not migration due to panic. “Now we’re seeing the regular moves; we’ll see prices change over time,” he said.
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- The Miami Herald – December 15, 2023
In a story about the drop of rental prices in several cities in the Miami area have seen a significant drop, challenging the upward trend that had been ongoing during the pandemic, Eli Beracha, director of the Hollo School of Real Estate, explained that the reality is demand has slowed, but remains higher than pre-pandemic levels. “Now you see those regular moves. You’re going to see prices changing over time,” he said.
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- Essence – December 11, 2023
A story on how managing your supervisor can lead to career success cited research from Ravi Gajendran, professor of global leadership and management, which revealed that taking responsibility for your tasks, as well your supervisor’s (within reason) can help pave a foundation for greater opportunities. “Employees can be proactive by making an effort to understand their manager’s priorities and style, adapting themselves so they are in sync with their boss,” he said.
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- MoneyGeek – December 11, 2023
In a story about choosing the best rental property, Suzanne Hollander, associate teaching professor of real estate, indicated the first step should be to identify preferred areas and amenities. Also look at online sites and contact a local real estate broker for guidance. “The renter should look at the rental prices of similar units in the neighborhood to understand if the rental is a good or bad deal,” she said.
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- MoneyGeek – December 11, 2023
In a story about purchasing a home in Florida, Suzanne Hollander, associate teaching professor of real estate, pointed out three factors that impact the cost of carrying the property: the cost of homeowners and flood insurance, amount of property taxes and if it’s a condominium, the maintenance and special assessment fee.
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- FreightWaves – November 22, 2023
In a story about the increasing complexity of global supply chains, Greg Maloney, associate teaching professor of logistics and supply chain management, discussed the vital role of education in this field and how FIU Business is addressing the growing need for skilled logistics leaders. “Within this industry, there’s a lot of really smart people, there’s a lot of people good at technical issues and problem-solving, but not necessarily a tremendous amount of business background,” he said.
Article and Video
- The Dialogue – November 21, 2023
In an op-ed, Jerry Haar, professor of international business, wrote that the election of right-wing libertarian Javier Milei as president of Argentina is a case study of a resource-rich country with poor institutions and decrepit governance. Milei could and should address business-related reforms needed in cross-border trade, the ease of doing business, labor policy, regulatory and tax reform, infrastructure improvement and competitiveness across all sectors, he wrote.
Article
- Information Week – November 20, 2023
In a story about a massive cybersecurity incident in Australia that temporarily closed major seaports, Craig Austin, associate teaching professor of logistics and supply chain management, explained that the ransomware attack was a reminder that intentional targeting by bad actors can put the supply chain in a chokehold and each one represents millions of dollars in costs. “Prior to the pandemic, a number of companies never realized how important a well-functioning supply chain is,” he said.
Article
- Fortune – November 14, 2023
In a story about the Asia-Pacific Economic Cooperation meeting, Dan Prud’homme, assistant professor of international business, explained that that many of the companies attending the event would try to convince China that they are in industries that should not be targeted by the current political tensions. “If Xi is going to meet these business leaders at this summit, they’ll be looking for signals that the US-China relationship is thawing,” he said.
Article
- Forbes – November 9, 2023
A story on the evolving real estate market noted the demand for strong abilities in negotiation and problem-solving and highlighted specialized practice areas such as FIU Business’s master of science in international real estate. “A master’s degree in real estate can help you develop the skills and knowledge to excel in this diverse and dynamic field,” the author wrote.
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- Voice of America – November 21, 2023
In a story about the increased flexibility of working from home in certain areas of the U.S., Ravi Gajendran, professor of global leadership and management, explained that places with the most knowledge-based jobs are more likely to have large numbers of people working remotely. “States that are more well known for IT, finance, analytics, those kinds of occupations, we're likely to see a higher proportion of remote work,” he said.
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- Business Insider – November 14, 2023
In a story about an audience with Chinese President Xi Jinping and other Asian leaders Asia-Pacific Economic Cooperation (APEC) meeting, Dan Prud'homme, assistant professor of international business, noted the significance of U.S.-based CEOs to improve their professional relationship with China. "If Xi is going to meet these business leaders at this summit, they'll be looking for signals that the US-China relationship is thawing," he said.
Article
- Bloomberg – November 14, 2023
In a story about the CEO summit scheduled as part of the Asia-Pacific Economic Cooperation meeting, Dan Prud'homme, assistant professor of international business, described the current trade climate between the U.S. and China. "If Xi is going to meet these business leaders at this summit, they'll be looking for signals that the US-China relationship is thawing," he said.
Article
- Fortune – November 14, 2023
In a story about the CEOs of top U.S. companies’ audience with Chinese President Xi Jinping and other Asian leaders at the Asia-Pacific Economic Cooperation meeting, Dan Prud'homme, assistant professor of international business, described the trade climate as challenging. "If Xi is going to meet these business leaders at this summit, they'll be looking for signals that the US-China relationship is thawing," he said.
Article
- CBS News Miami – November 10, 2023
In a story about the cost of cooking Thanksgiving meals, Craig Austin, professor of logistics and supply chain management, discussed how the declining price of turkeys make it more palatable to families on a tight budget. Still, other food items were up slightly due to supply chain issues. "The cost of the turkeys are down because they had a bird flu, over the last few years," he said.
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- Crain’s New York Business – November 7, 2023
In a story about Donald Trump’s wealth, Eli Beracha, director of the Hollo School of Real Estate, explained that Mar-a-Lago could be converted into a full-time private residence. Also, Trump’s penthouse at Trump Tower in New York would likely command a higher sales price. “There would be a Trump premium because the person that would want that property is likely to be a Trump supporter,” he said.
Article
- NewsMax.com – November 7, 2023
In a story about Donald Trump’s wealth, Eli Beracha, director of the Hollo School of Real Estate, explained that Mar-a-Lago could be converted into a full-time private residence if the county and city allowed it. Also, Trump’s penthouse at Trump Tower in New York would likely command a higher sales price. “There would be a Trump premium because the person that would want that property is likely to be a Trump supporter,” he said.
Article
- The Business Times – November 8 2023
In a story about the value of Donald Trump’s real estate properties, Eli Beracha, director of the Hollo School of Real Estate, noted there shouldn’t be uncertainty surrounding the potential sale of Mar-a-Lago, which is valued at $240 million. If the city and county allowed it, “there is no reason why it would not be able to be converted to a full-time private residence”, he said.
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- NewsMax.com – November 7, 2023
In a story attributing the growth of Donald Trump’s fortune to the real estate boom in Florida, Eli Beracha, director of the Hollo School of Real Estate, expressed that if his penthouse apartment at Trump Tower were to go on the market it would command a higher price. “There would be a Trump premium because the person that would want the property is likely to be a Trump supporter,” he said.
Article
- The National Interest – October 20, 2023
In an op-ed, Jerry Haar, professor of international business, wrote that “industrial policy” has gained prominence over the last several years, occupying a prime place in the policy agendas of both political parties. The catalyst is twofold the pandemic exposed the shortcomings of overreliance on only a few suppliers of critically important goods, and in the second, there is grave concern over China’s growing competitiveness industrially and militarily.
Article
- Insurance Journal – October 10, 2023
In a story about the contention over how much is Donald Trump's Mar-a-Lago estate is worth, Eli Beracha, director of the Hollo School of Real Estate, noted that it's difficult to assess the value of any unique property. The fact that Trump owned Mar-a-Lago would likely increase its sale price. “... But the high bidder is probably going to be a person who buys it because it belonged to Trump,” he said.
Article
- Tampa Bay Times – October 9, 2023
A story about the valuation of Mar-a-Lago, Donald Trump’s estate in Palm Beach, cited the lack of comparable properties. Eli Beracha, director of the Hollo School of Real Estate, explained that Trump’s ownership of Mar-a-Lago would likely increase its sale price. “... But the high bidder is probably going to be a person who buys it because it belonged to Trump,” he said.
Article
- Seattle Post Intelligencer – October 9, 2023
In a story about the contention over how much is Donald Trump's Mar-a-Lago estate is worth, Eli Beracha, director of the Hollo School of Real Estate, noted that it's difficult to assess the value of any unique property. The fact that Trump owned Mar-a-Lago would likely increase its sale price. “... But the high bidder is probably going to be a person who buys it because it belonged to Trump,” he said.
Article
- NBC 4 New York – October 9, 2023
In a story about the value of Donald Trump’s Mar-a-Lago estate, Eli Beracha, director of the Hollo School of Real Estate, explained that it's difficult to assess the value of any unique property. “Some people are going to argue that not everyone likes Trump — some people would actually pay less because of that. ... But the high bidder is probably going to be a person who buys it because it belonged to Trump,” he said.
Article
- CBS Evening News – October 8, 2023
In a story about Powerball lottery jackpots getting larger, with the 10 largest occurring over the last two years, Deanne Butchey, professor of finance, explained noted that contributing factors include the expansion of the Powerball to more states as well a new formula for the game. “Because there are fewer powerballs there’s a lesser chance that you’re going to be able to hit that big one,” she said.
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- NY Post – October 7, 2023
In a story about how Florida’s property market continues to outperform nearly all of the rest of the U.S. due to the mass migration, of money and people, Eli Beracha, director of the Hollo School of Real Estate, explained why its’s remained strong versus corrections in several Texas markets. “Florida is viewed as a tropical vacation place — where you can also live. People just don’t go on vacation to Dallas.”
Article
- Worth – October 5, 2023
In a story about using software to suggest investment and some consumers’ reluctance to do so, Suchismita Mishra, professor of finance, explained that research in this area is still nascent and indicated she’s unsure about whether AI-routed investing can beat the market. “AI is capable of deep-learning algorithms, whereas robo-advising was based on machine learning and algorithms,” she said.
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- Yahoo Finance – October 5, 2023
In a story about new possibilities for more personalized financial services as AI evolves from a tool for fund managers to something that investors can interact with directly, Suchismita Mishra, professor of finance, noted that robo-advising will have to advance to the latest phase of AI. “AI is capable of deep-learning algorithms, whereas robo advising was based on machine learning and algorithms,” she said.
Article
- Newsbreak.com – October 4, 2023
A story about overvalued real estate markets cited research from FIU Business and Florida Atlantic University which found that Florida has seven of the Top 10 most overvalued housing markets in the U.S. The top spot is Cape Coral emerged, with buyers paying a 47.99% premium on the typical home. Tampa came in third with a 42.81% premium.
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- Daily Caller – October 2, 2023
In a story about Donald Trump’s dispute of the value of his Mar-a-Lago estate, Eli Beracha, director of the Hollo School of Real Estate, noted that the county appraiser’s assessment of Mar-a-Lago’s value does not equate to market value. He added that that the judge’s use of county appraisal data in his decision was “not the right approach.”
Article
- The Jewish Voice – October 2, 2023
In a story that discussed questions over the valuation of Donald Trump’s Mar-a-Lago estate, valued at $18 million by the county appraiser, Eli Beracha, director of the Hollo School of Real Estate, explained that county appraisal data is used for tax assessment, and “not the right approach” to judge value. “It’s not the job of the county appraiser to assess value,” he said.
Article
- CBS News – September 28, 2023
In a story about the valuation of Donald Trump’s Mar-a-Lago estate in 2020 - $27 million by the county appraiser and $1.8 billion by Trump – Eli Beracha, director of the Hollo School of Real Estate, explained that deed restrictions can hurt a property’s value. “It's not unusual to tell a bank that a property is worth more than its appraisal by the government, but the difference is rarely so vast,” he said.
Article
- Naples Daily News – September 29, 2023
In a story on Southwest Florida’s continued struggle with an affordable housing crisis, cited research from FIU Business and Florida Atlantic University. Eli Beracha, director of the Hollo School of Real Estate, explained that without higher interest rates, prices would reaccelerate because there is so much demand relative to the supply of units. “We are witnessing a transition in Florida’s economy and our housing markets around the state are experiencing growing pains from this transition,” he said.
- Marco Eagle – September 29, 2023
In a story about the continuing affordable housing crisis in Southwest Florida, Eli Beracha, director of the Hollo School of Real Estate, explained that while interest rates have put a damper on the local housing market, high demand and low supply continue influence pricing. “Without these higher interest rates, we would see Florida’s prices reaccelerate because there is so much demand relative to the supply of units,” he said.
Article
- CBS News Miami – September 27, 2023
In a story about the start of repaying student loans with interest, Mark del Pezzo, associate teaching professor of finance, explained that those making less than $30,000 a year, will not have to pay until they start making more than that. He thinks that now many students will reconsider which degree is better to pursue. “Is this degree I'm seeking going to benefit me economically down the road," he said.
Article
- Forbes – September 27, 2023
In a story on the importance of an online master’s in real estate to help candidates stand out from their peers and qualify for managerial roles in the field, Forbes showcased FIU Business’s online master’s in real estate program as No. 2. The report from the Forbes Advisor Education team noted that real estate is still an enticing field to many, offering strong earning potential and upward mobility.
Article
- Orlando Sentinel – September 24, 2023
In a story about why it’s tough for middle-class homebuyers to purchase a home in South Florida home, Mark Thibodeau, assistant professor at the Hollo School of Real Estate, noted that while new home construction should bring more affordable homes it won’t be enough for home prices to fall. “To see the supply to meet demand it is going to take years,” Thibodeau said. “At the end of the day, Miami is constrained by geography.”
Article
- WPLG ABC 10– September 19, 2023
A story on Florida International University highest ranking ever in the U.S. News & World Report’s annual list, highlighted that FIU was ranked No. 64 in the nation among public universities, jumping 64 spots among public universities and 91 spots overall in the past 10 years. It also came in at No. 12 for most innovative, No. 9 for undergraduate teaching among public universities and ranked No. 2 in the nation for undergraduate international business for the fifth consecutive year.
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- Fior Reports – September 19, 2023
In a story on freight payment platform PayCargo’s $1.25 million donation to FIU Business to create the PayCargo Supply Chain and Logistics Program, William Hardin, dean of FIU Business explained that the gift will help enhance student recruitment and career preparation, including scholarships and internships. “It allows us to provide resources year-round, participate in events across the U.S., increase our progress and be active in the industry,” he said.
- Business Insider – September 18, 2023
A story on the reshaped South Florida housing market indicated that an influx of new residents and more luxury properties has increased the cost of living. Eli Beracha, director of the Hollo School of Real Estate, pointed to rising rents. "If you're looking at how much people are spending on rent, almost anywhere in Florida they spend about 10% to 15% more of their income on rent today compared with just a decade ago," he said.
Article
- MSN - September 18, 2023
In a story on how rich newcomers have driven up the cost of living and forced lifelong Miamians to move away, Eli Beracha, director of the Hollo School of Real Estate, pointed to increasing rents as a driver. "If you're looking at how much people are spending on rent, almost anywhere in Florida they spend about 10% to 15% more of their income on rent today compared with just a decade ago," he said.
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- Sunshine Scoops - September 18, 2023
A story on FIU’s ranking of top public colleges by The Wall Street Journal highlighted the Florida Small Business Development Center at FIU Business, designated as the U.S. Small Business Administration’s Center for Excellence and Innovation. “Given that small businesses make up roughly half of the U.S. workforce, FIU’s accolade isn’t just a decorative feather in the cap—it’s an affirmation of the institution’s critical role in the economic ecosystem,” the article noted.
- Miami Herald – September 14, 2023
In a story about why it’s tough for middle-class homebuyers to purchase a home in South Florida home, Mark Thibodeau, assistant professor at the Hollo School of Real Estate, noted that while new home construction should bring more affordable homes it won’t be enough for home prices to fall. “To see the supply to meet demand it is going to take years,” Thibodeau said. “At the end of the day, Miami is constrained by geography.”
Article
- Orlando Sentinel – September 24, 2023
In a story about why it’s tough for middle-class homebuyers to purchase a home in South Florida home, Mark Thibodeau, assistant professor at the Hollo School of Real Estate, noted that while new home construction should bring more affordable homes it won’t be enough for home prices to fall. “To see the supply to meet demand it is going to take years,” Thibodeau said. “At the end of the day, Miami is constrained by geography.”
Article
- Fortune – September 11, 2023
A story about the increased pressure on cybersecurity across all industries driving demand for cyber experts with the skills to protect sensitive data, monitor networks and check for system vulnerabilities, mentioned FIU Business’s Certificate in Cybersecurity Management as one of the programs which “in which upon successful completion could help you become the next leader in cybersecurity.”
Article
- The Wall Street Journal - September 11, 2023
In a story about developers building more luxury rental apartments in South Florida and pressure to rent units quickly, Eli Beracha, director of the Hollo School of Real Estate, noted that these developers are making concessions in rents and deposits. “If you’re looking at how much people are spending on rent, almost anywhere in Florida they spend about 10% to 15% more of their income on rent today compared with just a decade ago,” he said.
Article
- The Wall Street Journal - September 11, 2023
A story about the increased use of technology in career-focused education, training and mentoring, John Nykolaiszyn, director of the Office of Business Career Management, discussed career-planning platform PathwayU, which is integrated into a 15-week career class required of undergraduate students at FIU Busines “We use it for career discovery and career searches,” he said.
Article
- The MR Report - September 7, 2023
A story about increasing home prices in the U.S. cited research from FIU Business and Florida Atlantic University which shows that in the 10 hottest markets price-to-rent ratios are on the rise. These are increasing in seven markets; Winston, North Carolina, saw a decline. “We are back to prices rising faster than rents, which is not supportive of prices in the long run,” said Eli Beracha, director of the Hollo School of Real Estate.
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- MoneyGeek - September 7, 2023
In a story on the rising costs of car insurance, Mark del Pezzo, associate teaching professor of finance, explained that population density, the number of uninsured motorists, accident rates, traffic violation rates, claims costs, repair costs, theft, vandalism rates and even road conditions all have an impact. “One only has to drive on our roads for a few months to understand why this driver behavior leads to higher accident rates, traffic violations, claims costs,” he said.
Article
- MoneyGeek - September 7, 2023
In a story on experts’ advice to lowering car insurance costs, Mark del Pezzo, associate teaching professor of finance, pointed out several options: increase deductibles – this will mean more out-of-pocket costs if you have an accident - do comparison shopping, maintain a good driving record, participate in a safe driving or defensive driving program and improve your credit score.
Article
- Miami Herald - September 2, 2023
In a story about the South Florida housing market - with record-breaking median prices four consecutive months despite plunging sales, and interest rates on mortgages have climbed to a 20-year high – Eli Beracha, director of the Hollo School of Real Estate ventured that prices will go up as soon as interest rates go down. “By buying now you beat everyone, have more selection, and stable prices,” he said. “There’s a lot of pent-up demand.”
Article
- Off Plan Property Exchange - September 2, 2023
The South Florida housing market has been a topic of confusion for aspiring homebuyers. The current median sales price for single-family houses in Miami-Dade County is $631,670, and for condominiums, it’s $420,000. In Broward County, the midpoint price for a house is $600,000, and for a condo, it’s $280,000. Real estate professor Eli Beracha from Florida International University advises that buying now allows buyers to beat the potential rush of other buyers once interest rates decrease.
- CBS 4 - September 1, 2023
A story about the effect of hurricanes, higher tides, more rain and urban development on storm drainage highlighted the issue of flood insurance. Finance professor Shahid Hamid explained that everyone should have federally subsidized flood insurance no matter where they live. “It is not that expensive unless you live right on the beach. Other than that, if you are a mile, half a mile inland flood insurance is reasonable,” he said.
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- Business Insider - August 30, 2023
A story about the real estate market cited the BH&J National Price-to-Rent Ratios from FIU Business and Florida Atlantic University. It shows areas in the West Coast are more likely to face future price declines, while the East Coast should see potential growth. “In general, once prices start to fall, they should do so until the local current price-to-rent ratio roughly equals the local historic average price-to-rent ratio,” said Eli Beracha, director of the Hollo School of Real Estate.
Article
- WalletHub – August 28, 2023
In a story about the Citi Double Cash Card, Joshua Dorsey, assistant professor marketing, explained that credit cards have expanded escalating benefits, rewards, and incentives being offered to entice consumer adoption. This card set a new industry standard for rewards upon its introduction in 2014. “The credit card "arms race" is far from settled,” he said. “A 3% flat-rate cash back feels inevitable at some point. To be sure, the game is afoot!
Article
- Wilson Center – August 24, 2023
In an article about supplemental funding requests for assistance to Ukraine, international business professor Jerry Haar noted that if the U.S. had provided Ukraine with everything it had requested to repel Russia immediately following the February 22, 2022 invasion, public support for Ukraine would be enhanced. “Supporting countries under siege that share the universal values of freedom, human rights, and respect for one’s neighbors is part and parcel of that responsibility,” he said.
Article
- Global Miami – August 21, 2023
In an op-ed, Jerry Haar, professor of international business, wrote that wealthy individuals, comprising current residents, new arrivals (including CEOs and top executives), and snowbird tourists, are driving luxury to a new level in Greater Miami. Economic conditions both globally and locally will impact spending patterns, but the luxury-seeking will continue to dine at L’Atelier Joël Robuchon, shop at Bal Harbour Shops, and purchase a Porsche 911 Carrera.
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- StateTech – August 23, 2023
In a story on the increased use of electronic procurement software by state and local government agencies, Andrea Patrucco, assistant professor of supply chain management, explained that the approach will “streamline and automate” the process, going beyond the traditional order delivery and invoice cycles. “Today, it encompasses the digitalization of all procurement activities, including requisitioning, sourcing, bidding, payment and invoicing,” he said.
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- El Nuevo Herald – August 23, 2023
En Miami-Dade el precio medio de las viviendas unifamiliares alcanzo $631,670. Significa que la mayoría de los compradores de clase media seguirán sin poder comprar vivienda en el mercado regional de la vivienda. "Normalmente, el volumen de transacciones y los precios se mueven a la par", dijo Eli Beracha, director de la Escuela Tibor y Sheila Hollo de Bienes Raíces de la Universidad Internacional de la Florida (FIU). “Hoy hay mucha menos oferta.”
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- Miami Herald - August 23, 2023
In a story on the increasing prices of homes in Miami-Dade, - which hit a median sales price of $631,670 for single-family homes in July - Eli Beracha, director of the Hollo School of Real Estate, explained that the situation is different because there is less supply. “We see less transactions, because you have higher interest rates, and because you have higher interest rates buyers either don’t want to buy or can’t buy,” he said.
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- Miami Today – August 22, 2023
A story on FIU’s largest incoming freshman class, with 5,332 students, highlighted the College of Business’s ranking second for best undergraduate international business programs. The university’s most popular majors include business, management, marketing and related support services, comprising 25% of its graduates.
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- Palm Beach Post – August 18, 2023
A story about South Florida’s real estate market cited the Buy vs. Rent Index from FIU Business and Florida Atlantic University which shows that it’s better to buy than rent. Drivers include the influx of residents and lack of housing inventory. While buying a home for the long term makes sense, buying a home to quickly flip in an effort to make a big profit is likely a losing proposition.
Article
- Sun Sentinel – August 17, 2023
A story on rent prices in South Florida cited research from FIU Business and Florida Atlantic University indicating that prices may continue to increase. The Miami region’s price-to-rent ratio stands at 13.47, according to the study. A price-to-rent ratio below 15 suggests prices will likely increase, and residents are better off buying. “Right now, we are still dealing with an inventory shortage that is helping to create a major housing affordability problem across Florida,” said FIU Business dean William Hardin.
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- Islander News – August 14, 2023
A story about overvalued real estate markets, cited a study by FIU Business and Florida Atlantic University which indicated that nine of them are in Florida, including the Miami metro area at No. 11. Eli Beracha, director of the Hollo School of Real Estate noted, that in Miami there’s no reason to suspect a crash in prices as witnessed 15 years ago. “Supply and demand are completely different this time around,” he said.
Article
- South Florida Business Journal – August 11, 2023
In a special report about South Florida hospitals increasingly opening free-standing emergency departments, Miriam Weismann, academic director of the Healthcare MBA program, explained that the decision makes sense financially. They also offer reduced wait time and critical services for patients. “Anywhere you have an underserved population or a fringe community 30 minutes by car from the hospital ED, these free-standing centers really save lives,” she said.
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- Inside Higher Ed – August 8, 2023
A story in the academic publication’s Quick Takes section highlighted information systems and business analytics professor Min Chen’s presentation on The Academic Minute. As part of Florida International University Week, Chen discussed her research demonstrating that a machine learning algorithm, which can help diagnose a stroke quickly, with 83 percent accuracy.
Article
- The Academic Minute - August 8, 2023
Min Chen, professor of information systems and business analytics, discussed her research demonstrating that a machine learning algorithm, employing data from hospital records and social determinants of health, can help diagnose a stroke quickly, with 83 percent accuracy. Patients treated within the first hour of symptom onset have a much higher survival rate and lower risk of long-term brain damage.
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- El Nuevo Herald – August 3, 2023
El área del Gran Miami, que comprende los condados Broward y Palm Beach, ocupa el lugar 11 entre las más sobrevaloradas del país. De acuerdo con el profesor William Hardin, decano de la Escuela de Negocios de FIU. “Algunas de las nuevas unidades que se están construyendo, sobre todo en la zona de Brickell, son relativamente pequeñas”, dijo Hardin. “Y lo que ellos quieren es diferente de lo que yo quisiera si tuviera tres hijos en la escuela intermedia o secundaria.”
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- CBS 4 - August 2, 2023
In a story about the increasingly overvalued greater Miami area, including Broward and Palm Beach counties, William Hardin, dean of FIU Business, cited the overpriced value of property in Miami as higher in terms of price per unit in comparison to income and purchasing power. "Many of the people who moved to Florida are affluent or wealthy young professionals, they have more capacity to buy a home than the existing people in the market," he said.
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- South Florida Sun Sentinel – August 2, 2023
A story about the most overvalued real estate markets, cited a study by FIU Business and Florida Atlantic University which found that nine of the top 15 are in Florida. “We have a huge demand coming from an influx of population into Florida, as well as more new households being formed in the state,” said Eli Beracha, director of FIU’s Hollo School of Real Estate. “Millennials are forming households at a nearly unprecedented rate.”
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- ABC News – July 31, 2023
In a report about Florida's increasingly volatile insurance market, finance professor Shahid Hamid explained that while climate change may be contributing to long-term increased risk, it alone cannot explain the shorter-term variation in premiums. He added that the insurance industry has a capacity of about $50 billion. This year it could absorb the economic cost of one hurricane. "If we have multiple hurricanes… the capacity is going to be tested -- the ability to pay claims and so on," he said.
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- WalletHub – July 28, 2023
In a story about the best installment loans for consumers with bad credit, Arun Upadhyay, professor of finance, suggested they stay disciplined about repaying the loan. That way, one can repair their credit history and eventually get better credit terms in the future. “While applying for a personal loan and being denied could hurt the credit history a little bit, but if one needs to borrow for something very important it does not hurt to apply,” he said.
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- 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' 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.”
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- The Hill – July 25, 2023
In an op-ed, Jerry Haar, professor of international business, noted that the Reagan years are still hailed as one of the longest and strongest periods of growth in the history of the U.S. For Bidenomics, the picture to date is a mixed one, he wrote. GDP rose by nearly 6% and 13 million jobs have been created during Biden’s first term said Haar. But the nation is experiencing the highest inflation in 40 years, with the cost of living increasing substantially, he added.
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- 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 Messi has supercharged both the team and the league. “In terms of sales they have been growing, in terms of followers, engagement, of the number of jerseys worn, of fans. But in terms of community, have you ever sold the stadium entirely, completely?”
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- Forbes – July 21, 2023
In an op-ed, clinical professor of international business Dileep Rao 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.
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- HR Drive – June 9, 2023
A story cited research from FIU Business professor of global leadership and management Ravi Gajendran which revealed that when employees learn how to manage their bosses, workplace trust and loyalty often improve. “Our conceptualization of ‘managing your boss’ recognizes that employees can feel empowered to take action to establish a good relationship and to make the relationship operate smoothly,” he said.
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- Diverse Issues In Higher Education – June 5, 2023
In a story about the career goals and objectives of business students, William Hardin, dean of FIU Business, says the large number of undergraduate and graduate students enable the university to create successful programs that impact students from underserved minorities. “We have everything from first-year programs of engagement to continuous availability of advisors to strategic goals of retaining and maintaining our enrollment to allow students to graduate on a timely basis,” Hardin says.
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- 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 begin, finance professor Shahid Hamid discussed possible assessments on insurance companies or policyholders. “I suspect more and more people might simply drop coverage if they’ve paid off the house,” he said.
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- South Florida Hospital News – June 1, 2023
In an op-ed, Attila Hertelendy, associate teaching professor of information systems and business analytics, discussed hospitals’ important role in safeguarding the health and well-being of communities in the face of natural hazards like hurricanes. They must prioritize comprehensive hurricane preparedness. “Recognizing the unique challenges posed by these hazards, healthcare facilities must invest in preparedness measures to protect patients, staff, and critical medical equipment,” he wrote.
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- The Capitolist – May 31, 2023
A story about the most overvalued real estate markets, cited a study by Florida International University and Florida Atlantic University which revealed that Tampa ranked third — behind Detroit and Atlanta. “With circumstances the way they are in Florida, I expect housing prices and rents will remain high, especially with local annual incomes not able to keep up,” said Eli Beracha, director of FIU’s Hollo School of Real Estate.
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- CBS12.com – May 31, 2023
A story about the most overvalued U.S. housing markets cited a report from FIU Business and Florida Atlantic University that showed nine of the top 14 are in Florida. Prices have dropped since August of 2022 except in Miami. “I expect housing prices and rents will remain high, especially with local annual incomes not able to keep up,” said Eli Beracha, director of FIU’s Hollo School of Real Estate.
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- South Florida Business Journal – May 25, 2023
In a story authored by an unnamed BankUnited representative discussed the bank’s two years of diversity, equity and inclusion initiatives and their executives’ commitment. The article highlighted an exclusive partnership with FIU Business and its ATOM Pink Tank program, which completed its third cohort of female students focused on STEM disciplines.
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- WalletHub – May 25, 2023
In a story about finding the best car insurance companies, finance teaching professor Deanne Butchey, explained that customer reviews are a better indicator because customers want to ensure that the insured are satisfied during times of trauma. “However, these must be balanced by the fact that reviews are usually submitted by people with extreme views, both on the up and downsides,” she said.
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- WalletHub – May 24, 2023
In a story about the Best Places for Summer Jobs, Chris Altizer, adjunct lecturer of global leadership and management, suggested that seekers be intentional about searching for a summer gig as early as May. Determine early on what, where, when, and why they want that job. “The most common mistake young (and older) people make is lacking awareness – of themselves and/or their situation,” he said.
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- Building Design & Construction – May 23, 2023
A story about Francisco Perez-Azua joining international design firm Ware Malcomb as director of interior architecture and design in Miami noted that he has a Master in International Real Estate from FIU Business.
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- Miami Herald – May 22, 2023
In an op-ed, Modesto Maidique, president emeritus of FIU, noted that U.S. News & World Report has changed the methodology for the 2023–2024 graduate school rankings to reflect schools’ performance. “The change in ranking methodology has reflected what stakeholders have long known to be true: FIU’s reputation is vastly superior to what previous rankings would have had you believe,” he wrote.
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- The National Interest – May 19, 2023
In an op-ed, Jerry Haar, professor of international business, noted that solutions exist for closing the digital divide, including - funding and implementing digital inclusion policies, robust broadband Internet service, and digital literacy training. Doing so should be a priority of public policy. “This task is one braced by inclusion and equity and aligned with our nation’s goal to compete and thrive in a digitally globalized world,” he said.
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- Wilson Center – May 18, 2023
In a paper, international business professor Jerry Haar discussed the policies and outlook for green supply chains in North America. Notable are efforts to help industries reduce their carbon emissions and minimize waste while maximizing profit. “The benefits resulting from the greening supply chains will produce dividends for current and future generations and further the goal of a healthier planet,” Haar and colleagues from Canada and Mexico said.
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- The Tech Education – May 12, 2023
A story discussing face-to-face and online courses noted Florida International University’s MBA Flex program, designed to allow working people to get an MBA without putting their careers on hold. This model provides a convenient alternative for students who can’t commit to regular on-campus attendance but value direct engagement with their peers and instructors. Students have plenty of chances to network and gain practical experience when they do.
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- Miami Today – May 11, 2023
In an op-ed, Jerry Haar, professor of international business, noted that the transition to cleaner energy presents significant challenges. With the right policies and legislative support, the share of renewables in the U.S. could triple by 2030 and save $30- $140 billion per year. “… we can expect the future of the planet to be not only cleaner and healthier, but also more prosperous,” he said.
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- BusinessDay – May 10, 2023
In an op-ed, Jerry Haar, professor of international business, explained that while demographic growth and economic transformation have accelerated and scaled up infrastructure development in Africa, the continent has a vast infrastructure deficit, especially in the sub-Saharan region. “The key challenge for the continent is to ensure its growing population has access to reliable services like electricity, water, Internet, and efficient transportation systems,” he said.
- WSVN – May 9, 2023
In a story about small business owners at the Palm Square Plaza whose leases are not being renewed and now face increasing costs at other locations, Suzanne Hollander, associate teaching professor of real estate at the Hollo School of Real Estate, explained that the commercial real estate market in South Florida out performing retail around the country. “Hot. It is that hot,” she said.
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- Medium – May 8, 2023
In a story about the history of Miami’s real estate market and icon Julia Tuttle, who died heavily in debt, Suzanne Hollander, associate teaching professor of real estate, noted that if Tuttle had owned 644 contiguous waterfront parcels in Miami, the estimated value would be between $5.1 billion and $94 billion. “If only she could have lived to see the value of her prescient investment,” she said.
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- Palm Beach Post – May 8, 2023
Researchers from Florida International University’s College of Business have been instrumental in developing a machine-learning (ML) algorithm that uses hospital data and social determinants of health data that can help diagnose a stroke quickly — before laboratory test results or diagnostic images were available. “Our algorithm can incorporate a lot of variables to analyze and interpret complex patterns,” said Min Chen, professor of information systems and business analytics.
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- E&E News – May 2, 2023
In a story about the collapsing property insurance market in Florida and Louisiana following a series of destructive storms and lawsuits, finance professor Shahid Hamid, explained that the claims will be by not just by homeowners, but by others insured as well. “Reinsurance costs are related to not just hurricane risk but to all the different kind of risk around the world,” he said.
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- HR Brew – May 1, 2023
In a story looking at workplace surveillance, when companies track their employees, experts warn it could damage employee trust and retention. Some 96% of employers responding to surveys said they use at least one type of monitoring software. Ravi Gajendran, associate professor of global leadership and management at FIU Business, noted employees will feel like their “privacy is being intruded and that the organization doesn’t trust them.”
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- Miami Herald – April 23, 2022
In an op-ed, logistics and supply chain management professor Craig Austin analyzed the shortage of gasoline throughout South Florida following floods in Broward County. While such occurrences initially come about because of something predictable in the environment, the effect is often due to poor risk management. … steps must be taken to ensure that supply chains are better managed and more resilient to disruption,” Austin wrote.
- Fox News – April 21, 2023
A story highlighted research from Florida International University, Carnegie Mellon University and Santa Clara University which showed that using machine learning methods and available data when patients enter the hospital, researchers have developed a model that predicts strokes with more accuracy than current models. The study's authors sought to develop a stroke-prediction algorithm and their model incorporated variables routinely collected by health care providers and payers.
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- The Floridian – April 21, 2023
A story highlighted Florida Business professor’s new algorithmic technology that diagnoses strokes with an 84% success rate. The research project that has taken four years to develop seems to be making finalizing headway. As of right now, the new technology is being implemented experimentally across ERs, Information systems and business analytics professor Min Chen, who led the research, described the project as, "more like human and machine collaboration."
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- NBC 6 Miami - April 20, 2023
A story highlighted research from Min Chen, professor of information systems and business analytics, who has been working on an algorithm that could transform the medical field — one that could quickly diagnose strokes. The algorithm uses hospital data and social determinants of health data to diagnose a stroke before lab results or diagnostic images are available. “It’s more like human and machine collaboration,” Chen said.
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- LabPulse.com – April 20, 2023
Researchers in a study used machine-learning methods and patient data upon hospital arrival to develop a model that predicts strokes with greater accuracy than current models. old help address diagnostic errors and delayed stroke diagnoses that can be fatal, according to the investigators. “Existing models’ moderate sensitivity raises concerns that they miss a substantial percentage of people with stroke,” Min Chen, a Stroke is among the most dangerous and commonly misdiagnosed medical conditions.
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- Sun Sentinel – April 19, 2023
Strokes are regularly misdiagnosed, but now Florida International University researchers have created an algorithm to diagnose them quickly and accurately. The FIU Business-created algorithm uses hospital data and social determinants of health data even before the results of laboratory tests or diagnostic images are available. “Our algorithm can incorporate a lot of variables to analyze and interpret complex patterns,” said Min Chen, professor of information systems and business analytics.
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- El Nuevo Herald – April 18, 2023
La incertidumbre por la inflación y la subida de las tasas de interés significan un reto para los negocios. “La situación siempre va a afectar a la pequeña y mediana empresa por el costo de financiamiento, si este sube, los márgenes de rentabilidad se van minimizando”, dice Ray Juncosa, asesor financiero del Florida Small Business Development Center (FSBDC) de la Escuela de Negocios de la Universidad Internacional de la Florida (FIU)
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- Miami Herald – April 16, 2023
A story on the declining number of purchases made by first-time homebuyers countywide in 2022 versus 2021 cited information from FIU Business real estate experts. They blame escalating mortgage interest rates and median home sales prices north of $500,000. “If they are able to afford a home, they have more negotiation power than they might have had a year ago,” said Eli Beracha, director of FIU’s Tibor and Sheila Hollo School of Real Estate.
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- Small Business Trends – April 13, 2023
The U.S. Small Business Administration (SBA) has revealed the four winners of the 2023 Resource Partner of the Year awards. Funded partly by the SBA, they offer technical assistance, training, and capital access to American small businesses. The awards celebrate the winners’ impact on local economic growth, job creation and support for new entrepreneurs. Small Business Development Center Excellence and Innovation Award: Florida SBDC at Florida International University.
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- Health IT Analytics - Apr 12, 2023
Published in the Journal of Medical Internet Research, findings from Florida International University’s College of Business (FIU Business) indicate that a new machine-learning (ML) algorithm could leverage hospital and social determinants of health (SDoH) data to improve the speed and accuracy of stroke diagnoses.
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- HospiMedica – April 11, 2023
Researchers at Florida International University developed the ML algorithm for better stroke diagnosis utilizing data from suspected stroke patients, such as age, race, and number of underlying conditions. "Our algorithm can incorporate a lot of variables to analyze and interpret complex patterns, which will allow emergency department care teams to make better and faster decisions."
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- The National Interest – April 7, 2023
In an op-ed on the banking crisis, international business professor Jerry Haar asked what should be the role of the government to alleviate banking crises and prevent future ones? Some argue that more regulation is needed while others argue “let the market sort things out.” Recognizably, there is no panacea and no way for financial institutions to insulate themselves from major macroeconomic and geopolitical “black swans.”
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- Health Tech Hot Spot – April 4, 2023
A story about FIU Business revealed a machine learning algorithm that can diagnose stroke with 83 percent accuracy. This could lead to earlier stroke detection and better patient outcomes. “Our algorithm can incorporate a lot of variables to analyze and interpret complex patterns, Min Chen, associate professor of information systems and business analytics at FIU Business, and one of the researchers.
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- eeNews Europe – April 4, 2023
A story about new FIU Business research which revealed that a machine learning algorithm that uses hospital data and social determinants of health data can help diagnose a stroke quickly with 83 percent accuracy. If a hospital is using the researchers’ ML algorithm, when a patient arrives with stroke or stroke-like symptoms, an automated, computer-assisted screening tool will quickly analyze all the patient’s information.
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- Clinical Lab Products – April 3, 2023
Research from Florida International University’s College of Business found that a machine learning (ML) algorithm that uses hospital data and social determinants of health data can help diagnose a stroke quickly—before the results of laboratory tests or diagnostic images are available—with 83% accuracy. The findings suggest that there may be a way to reduce stroke misdiagnosis in patients and enhance patient monitoring.
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- Global Miami Magazine – April 2023
In a story about the increase 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, the stability of the U.S. dollar…” she said.
- The Hill – April 3, 2023
In an op-ed, Jerry Haar, professor of international business, wrote that the need for investment in the U.S. water system is at an unprecedented level. These will require “close consultation and collaboration” between private and public sectors. Also, “… both political parties will need to come together in an act of bipartisanship… overcome the daunting challenges we will continue to face surrounding water infrastructure,” he wrote.
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- The Floridian – April 1, 2023
A story highlighting FIU’s recognition for its Small Business Development Center noted that the Small Business Development Center at FIU Business received the Small Business Development Center for Excellence and Innovation Center Award. The award was issued from the U.S. Small Business Administration.
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- Miami Herald – March 29, 2023
In a story about Citizens’ insurance quest for a 14% rate increase and a “hurricane tax,” Shahid Hamid, chair of FIU Business’s Department of Finance, explained that the insurer is “quite resilient” financially, but an expensive storm could tip the scales into assessment territory. “If we don’t get one we’re OK. If we get one, especially multiple, it will happen,” he said.
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- WalletHub – March 28, 2023
In a story about finding the best credit card, David Barman, associate teaching professor of accounting, noted that credit cards are still very profitable and attractive to issuers, adding that these have their place when properly used. “But, as disciplined as you are to have no credit card at all, you can be just as disciplined in using it wisely,” he said.
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- Miami Herald – March 27, 2023
An article noted the entrepreneurs bringing technology innovation to Florida’s lucrative real estate market were the big winners in the 24th annual Miami Herald Startup Pitch Competition. Tennts, which makes property management software, topped the FIU track for university students, faculty and alumni. FIU Business, a longtime Herald partner in the contest, handled the university’s track, the article reported.
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- Invest: – March 22, 2023
Dean William Hardin shared key highlights and achievements at FIU Business in an article about business schools in Miami. “A lot has been going on, but the key thing at the College of Business is that we were able to expand our footprint across multiple modalities,” he said.
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- Miami Herald – March 22, 2023
In a story on South Florida’s increasingly pricier housing market despite the decline of overall sales, Mark Thibodeau, assistant professor of real estate, noted that the rise of interest rates has depressed the market and builders have slowed construction. The threat of a banking crisis would drive more transactions and investment of housing and supply, he said. “You would see more development and people moving,” he added.
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- Florida Trend – March 20, 2023
A special report on MBA programs across Florida featured insight from FIU Business dean William Hardin, who noted that understanding big data has become the backbone of business success. “The question is, how do you take that data and convert it into information that's usable in real world decision making?" he said.
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- South Florida Business & Wealth – March 20, 2023
In profile of Tibor Hollo, founder of Florida East Coast Realty, Eli Beracha, director of the Hollo School of Real Estate, recognized Hollo as creator of the school’s Master of Science in International Real Estate program at FIU Business. "Tibor Hollo is considered the architect of modern Miami and has made his mark by advocating and developing innovative real estate projects," he said.
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- Downtown News – March 19, 2023
In a story about City of Miami commissioner Sabina Covo’s meeting with local residents, Suzanne Hollander, associate teaching professor of real estate, noted that the City’s real estate portfolio is valued at over an estimated $17 billion. “… the City has a duty to act as a steward and fiduciary to operate these City owned assets professionally by best-in-class real estate standards…,” she said.
- South Florida Business Journal – March 17, 2023
The report on the 2023 Influential Business Women Awards highlighted the proactive traits a leader must have, especially in the face of challenging economic times. The 2023 Influential Business Women were honored at a program presented by Wells Fargo, with corporate sponsors Baptist Health South Florida, the Florida International University College of Business and GCI Worldwide Corp. Associate sponsors were Crown Castle, Durée & Co. and Holland & Knight.
- NBC Today Show – March 15, 2023
In a story on dynamic pricing, Gustavo Mosquera, assistant teaching professor of marketing, explained that consumer demands will dictate pricing fluctuations. "If you know that consumers demand a product or a service from certain times, it will allow you to calculate their willingness to pay more," he said.
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- NBC 6 – March 14, 2023
In a story on the recent collapse of two banking institutions and its potential impact on interest rate hikes, along with intensified concerns for regional banks, Marcos Kerbel, adjunct lecturer in finance, agrees that the Federal Reserve continue increasing rates to halt this cycle and slow down the economy. The government's measures should help calm the markets, Kerbel said, and he also warns about the risks of consumers being attracted to invest in cryptocurrencies like Bitcoin.
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- Boca News Now – March 7, 2023
A story that looked at home price declines, cited data from the Beracha, Hardin & Johnson National Price-to-Rent Ratios Monthly Report which indicates that renting makes more sense than owning in the majority of U.S. markets. Eli Beracha, director of the Hollo School of Real Estate, explained that enters who are disciplined can still build a sizable nest egg. "In order to replicate equity creation, renters should invest the money they otherwise would have spent on maintaining their homes,” he said.
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- Newsbreak.com – March 6, 2023
A story about efforts to reform regulations on lawsuits against insurance companies in Florida, noted that total losses for companies operating in the state were more than $1 billion in both 2020 and 2021 and their solution has been to increase rates rapidly. Finance professor Shahid Hamid, explained “fraud and lawsuits” are driving the losses. “And that’s part of the reason so many companies are deciding to leave,” he said.
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- ABC News Australia – March 5, 2023
In a story about the “phone lady,” who trains people how to have a conversation on the telephone, Ravi Gajendran, associate professor of global leadership and management, discussed his research findings that using email for complex tasks led to reduced motivation for subsequent tasks. "… a lot of people felt that email is tiring, and that they got sucked into these long chains that left them exhausted," he said.
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- Miami Herald – March 5, 2023
In a profile on Ana Bozovic, a real estate agent specializing on residential and hotel transactions and aspiring jiujitsu champion, Suzanne Hollander, associate teaching professor of real estate, noted that women like Bozovic will increase more opportunities for women in the industry. “Seeing these women in power is going to make younger generations of women think it’s possible to walk in their footsteps and increase the respect that is given to women,” she said.
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- CNN Dinero – February 23, 2023
Temu se ha convertido en la app favorita de compras en Estados Unidos, superando incluso las descargas de Amazon y Walmart, mientras que otras aplicaciones chinas van ganando espacio entre los consumidores. El profesor Gustavo Mosquera, de la Universidad Internacional de la Florida, analiza sus fortalezas y debilidades.
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- Brickell Magazine – February 23, 2023
In a story honoring Florida East Coast Realty’s Founder & Chairman Tibor Hollo, Eli Beracha, director of FIU Business’s Hollo School of Real Estate highlighted their creation and development of what has become the top Master of Science in International Real Estate program in the nation. “Tibor Hollo is considered the architect of modern Miami and has made his mark by advocating and developing innovative real estate projects,” says Eli Beracha, Director of the Tibor & Sheila Hollo School of Real Estate.
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- Miami Herald – February 23, 2023
In a story about declining home sale prices in Miami-Dade and Broward counties driven by the housing cooldown, Eli Beracha, director of the Hollo School of Real Estate explained that home prices remained robust. Normally prices are lower and deals fewer, Beracha explained, because there’s not much inventory. “Because interest rates went up so fast, there are fewer sellers who are choosing to upgrade,” he said.
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- Continuity Insights – February 15, 2023
A story reported on FIU Business’s launch of an MBA in cybersecurity risk management. Designed for working professionals who have established themselves in the cybersecurity field, with more than four years of experience. “This is an area that impacts every business, from the largest to the smallest, to protect their resources and as managers it’s a risk we have to understand,” said William Hardin, dean of FIU Business.
- South Florida Business Journal – February 15, 2023
A story reported on FIU Business’s launch of an MBA in cybersecurity risk management. Designed for working professionals with more than four years of experience in the cybersecurity field, the online program includes two optional on-campus residencies at FIU’s main campus. The first class will begin in fall 2023 and graduate in December 2024.
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- CBR.com – February 14, 2023
A story reported on an experiment run by Slate that examined images generated with Artificial Intelligence and found consistently produced images of primarily white people and couples unless certain keywords were used. Manjul Gupta, assistant professor of information systems and business analytics, explained that there are " some intrinsic biases in it that the creators of these A.I. tools failed to identify and isolate in the early stage of product development, the product will likely produce biased results."
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- Thecyberwire.com – February 13, 2023
A story reported on FIU Business’s launch of an MBA in Cybersecurity Risk Management. Designed for working professionals who have established themselves in the cybersecurity field, with more than four years of experience, this program aims to develop executive leaders who can look beyond technology alone and consider the business implications of cybersecurity strategies, investments and risk.
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- Counselors of Real Estate – February 10, 2023
Op Ed - The sociopolitical unrest in Latin America creates a roller coaster ride of highs and lows of inflation, currency fluctuation and political uncertainty, however, despite these challenges shopping centers in these countries are vibrant centers of commerce and community. This article discusses the fundamentals, building blocks, of why Latin American shopping malls are at full tenant occupancy and full of people in spite of their challenges, and, what the mall means to the heart and daily life of people in Latin America.
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- The Hill – February 8, 2023
In an op-ed, Jerry Haar, professor of international business, wrote that one of the hottest trends in the world of investing is Environment, social, governance (ESG), an outgrowth and refinement of “corporate social responsibility” (CSR), a business concept that has gained traction over the last two decades. “Unquestionably, ESG is big business. More than $35 trillion of assets worldwide are monitored using a sustainability lens, and assets in sustainable funds equal over $330 billion,” he wrote.
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- Slate – February 8, 2023
In a story about how some artificial intelligence tools struggle to create older couples of color, until you add the word poor, Manjul Gupta, assistant professor of information systems and business analytics, explained that biases could result from the training given to the art generators. If it “contains some intrinsic biases in it that the creators of these A.I. tools failed to identify and isolate in the early stage of product development, the product will likely produce biased results,” he said.
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- Chattanooga Times Free Press - February 1, 2023
A story about the Chattanooga real estate market cited a study from FIU Business and Florida Atlantic University, noting that it’s the 28th most overvalued housing market in the nation, with buyers paying almost 42% more than they would have expected based on sales history. Markets in Memphis, Nashville and Knoxville rank in the top 20 in terms of homes selling for sharp premiums over expected prices, the study found.
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- RIS Media – February 1, 2023
A story about home-price growth noted that some markets are still overinflated. “We don’t expect home prices to fall sharply because our high rents serve to support current prices,” said Eli Beracha, director of FIU’s Hollo School of Real Estate. Five Florida cities are more than 50% overvalued. “Florida is a very difficult market to break into now unless you have a professional wage or the proceeds from a home sale in another state,” he said.
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- Americano Media – January 31, 2023
In a radio news program examining financial topics, geopolitical issues and international strategy, international business professor Edgardo Pappacena discussed current interest rates increases and their impact on the U.S. economy, which point the threat of a recession. “Overall, indicators of growth are optimistic while in reality they establish lower growth rates,” he said.
- The National Interest – January 30, 2023
In an op-ed, Jerry Haar, professor of international business, wrote that a major cause of attacks on globalization is the widespread confusion between “globalization” and “globalism,” with the latter undermining the former. Globalization is the dynamo, the actual process of cross-border exchanges of products, services, people, information, and finance. “… one thing should be perfectly clear: while globalism may be debatable, globalization has evolved to a point where it is not reversible,” he wrote.
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- Latin Trade – January 30, 2023
In an op-ed, Jerry Haar, professor of international business, wrote that the nexus between infrastructure and international trade is embodied in trade facilitation, a missing component of infrastructure when discussing global commerce. Despite a gloomy trade outlook, advancements in infrastructure development and trade facilitation will continue. “Whatever transpires, producers, traders, and the consuming public can continue to benefit significantly from the dynamo that drives trade and enhances infrastructure—namely, trade facilitation,” he said.
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- Globe St. – January 30, 2023
A story about housing affordability and areas determined to be overvalued cited a report from FIU Business and Florida Atlantic University that showed six metropolitan areas in Florida are among the 10 most overvalued in the U.S. “Florida is a very difficult market to break into now unless you have a professional wage or the proceeds from a home sale in another state,” said Eli Beracha, director of the Hollo School of Real Estate, in the article.
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- Florida Trend – January 26, 2023
In a story about Florida’s housing market, Eli Beracha, director of FIU's Hollo School of Real Estate, noted that prospective buyers are unlikely to see prices plummet as they did from 2006 to 2012 because our high rents support current prices. "Florida is a very difficult market to break into now unless you have a professional wage or the proceeds from a home sale in another state,” he said.
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- Miami Today – January 26, 2023
In an op-ed, Jerry Haar, professor of international business, wrote that indications are that in the future older individuals will be engaged in entrepreneurial pursuits in greater numbers. They clearly have key advantages to starting a business later in life, including a larger network of connections, decades of professional experience, and oftentimes more savings and assets to help support their entrepreneurial goals. “One is never too old to launch a business, buy into one, or turn around an existing one,” he said.
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- Boca Raton Tribune – January 25, 2023
A story about Florida’s housing market cited a report from FIU Business and Florida Atlantic University indicating Cape Coral-Fort Myers ranks No. 1 most overvalued housing market in the nation. Buyers paying 62.29 percent more than they should. “Florida is a very difficult market to break into now unless you have a professional wage or the proceeds from a home sale in another state,” said Eli Beracha, director of the Hollo School of Real Estate.
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- NewsBreak – January 19, 2023
In a story about the U.S. and Canadian economy, noted that the total economic upheaval that occurred over the last 3 years has affected every portion of the economy, including the real estate market real estate markets. Suzanne Hollander, associate teaching professor of real estate, noted that slowing sales began in the last few months of 2022. “Fewer people applying for mortgages and a larger percentage of people falling out of contract,” she said.
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- Latin Trade – January 17, 2023
In an op-ed, Jerry Haar, professor of international business, noted that Latin America has the means to improve its infrastructure but first it must work on prioritizing its investment needs and goals, on improving the efficiency of public spending, and on attracting cost effective funding. “In doing so, Latin America can… and achieve a level of infrastructure that can contribute to sustained economic growth and improve the lives of its citizens,” he said.
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- South Florida Sun Sentinel – January 16, 2023
In a story about private companies’ possibilities of doing business in Cuba, professor of international business Jerry Haar explained that the Cuban government has yet to publish regulations for medium and small enterprises to receive direct investments and financing. Additionally, they do not allow correspondent banking relationships with international banks. “It’s a give-and-take relationship, where we give and they take,” he said.
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- CNN Español – January 10, 2023
ChatGPT, un programa informático impulsado por inteligencia artificial, genera preocupaciones entre miembros de la comunidad académica que consideran que podría facilitar que los estudiantes hagan trampa en sus tareas. “Sería simplemente que estos ensayos sean acompañados por presentaciones orales e la incorporación de los conceptos y los métodos sobre el cual esta basado,” dijo Carlos Parra, profesor de negocio de la Universidad Internacional de la Florida.
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- MSN.com – January 3, 2022
A story discussing home buying or selling opportunities in 2023, associate teaching professor of real estate Suzanne Hollander suggested sellers proceed cautiously as market conditions can change rapidly from month to month. “Get real about pricing and ask yourself, if you sell your home and need a loan to finance the purchase of a next home, will you be able to afford the new interest rate?” she said.
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- Bankrate.com January 1, 2023
In a story about the rapid increase in interest rates impact on home prices, associate teaching professor of real estate Suzanne Hollander, suggested that it hasn’t led to a reduction in prices in contrast to the 1970s and 1980s. She advises aspiring homeowners to improve their credit and look hard for bargains. “Buying now with high rates and high prices at the same time creates a very high monthly cost for borrowers to carry,” she said.
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- UpjobsNews – January 1, 2023
In a story about the rapid increase in interest rates impact on home prices, associate teaching professor of real estate Suzanne Hollander, noted that foreclosure filings are up 57 percent from a year ago. “Monitor the market for distressed homes for sale,” she says,. “Try to build a relationship with a lender, and demonstrate your financial capacity to move fast and take one of these properties off their books.
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- South Florida Sun-Sentinel – January 3, 2023
In a story looking at the South Florida housing market in 2023, Eli Beracha, director of FIU’s Hollo School of Real Estate, forecasts that home prices in South Florida will increase, but at a slower pace as the market continues to stabilize. “Toward the second part of the year, interest rates should be easing and convincing some buyers to return to the market, so prices will go back up,” he said.
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