In the News

2024

  • CBS Miami – February 20, 2024
    Deanne Butchey, a finance professor at Florida International University, joined CBS News Miami to discuss why a number of retirees are coming out of retirement. Every time there is some shock to the system we saw people who recognize that their retirement today the issue is because of several years of inflation.
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  • Lynwood Times – February 16, 2024
    In a story about the valuation of Donald Trump’s real estate properties – including New York Trump Tower and his golf courses - to increase it on his financial statements, Eli Beracha, director of the Hollo School of Real Estate, explained that appraisal values and market values are not the same thing. “That’s especially true for properties that are unique. And it’s very easy to argue this is a unique property,” he said.
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  • The Capitolist – February 12, 2024
    A story highlighted FIU Business’s achievements in online education, with its online business master’s program ranked ninth nationally, making it the top program in Florida, by U.S. News & World Report for 2024. FIU Business dean William Hardin noted that the school launched online programs more than 20 years ago. “FIU Business was a pioneer in online business education,” he said.
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  • BusinessNews – February 12, 2024
    A story on the increasingly lucrative online content creation businesses noted FIU Business’s academic programs in social media-related fields that focus on this ever-growing industry. Nancy Richmond, associate teaching professor of marketing, explained that to be an influencer, one must be strategic and have a plan. Identifying the target market and your niche are key. “People want to follow real people; they don't want to follow companies,” she said.
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  • GlobeSt. – February 12, 2024
    A story identifying New Orleans, Louisiana as the best area purchase a home, cited research from FIU Business and Florida Atlantic University. However, Miami is an area of concern. “Miami is the only place in the country where not only have home prices not gone down… the price-to-rent ratio is the highest it has been in almost nine years,” said Eli Beracha, director of the Hollo School of Real Estate.
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  • CBS News Miami – February 12, 2024
    A story on the increasingly lucrative online content creation businesses cited FIU Business’s academic programs in social media-related fields that focus on this ever-growing industry. Assistant teaching professor of marketing Nancy Richmond explained that strategy is key developing a plan, identifying your market and niche as well as being authentic. “People want to follow real people; they don't want to follow companies,” she said.
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  • South Florida Business Journal – February 8, 2024
    A story about the continued increase of home prices in South Florida, cited research from FIU Business and Florida Atlantic University. Eli Beracha, director of the Hollo School of Real Estate, indicated that most parts of the U.S. are returning to their long-term price trends, except Miami. Prices haven’t declined and “the price-to-rent ratio is the highest it has been in almost nine years," he said.
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  • Builder – February 6, 2024
    A story identifying New Orleans, Louisiana as the best area purchase a home in cited research from FIU Business and Florida Atlantic University which found homes are currently selling at an average price of $235,103, which is 5.09% below the area’s long-term pricing trend. The price-to-rent ratio, at 12.53%, is below average as well making it preferable to buy versus rent.
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  • I Advance Senior Care – February 6, 2024
    In a story on the marketing challenges faced by senior care communities, professor of marketing Anthony Miyazaki explained that social media and websites can build that element of trust. “Because senior care is such a personal service, social media accounts and websites that show the personal side of the organization will help to build trust with prospective residents and their families,” he said.
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  • Peru 21 – February 2, 2024
    Universidad Privada del Norte designa a Martín Santana Ormeño como rector Santana Ormeño es ingeniero industrial graduado de la Universidad de Lima con Ph.D. en administración de empresas en Florida International University - College of Business.
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  • CBS News Miami – January 22, 2024
    In a story on FIU Business’s new certificate program for condo board members, professional condominium association manager Patrick Hohman, who teaches the program, explained it provides a more in-depth knowledge for board members and owners. "The areas that we cover include staying organized, having a manager organizing and leading major renovations, that is huge where 60 percent of the condos are more than 30 years old," said Hohman.
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  • WalletHub – January 22, 2024
    In a story about the decision-making process to declare a vehicle a total loss, Arun Upadhyay, professor of finance, explained that an insurance company would declare the car a total loss because the repairs cost more than the vehicle's value. The car owner cannot determine whether it has been totaled after the accident, he added. It is the insurance company that determines this condition.
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  • CBS News Miami – January 19. 2024
    In a story on the growing use of buy now, pay later options to finance purchases, Deanne Butchey, professor of finance, explained that it is helpful but requires consumers to be very disciplined, budget appropriately and make payments on time to avoid late payments or interest charges. “What you may want to do is put aside money so any loans can be repaid before the grace period,” she said.
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  • Miami Herald – January 18, 2024
    In a story about the legal fallout of property owners paying real estate commissions, Suzanne Hollander, assistant teaching professor at the Hollo School of Real Estate, noted that it could change how much money buyers and sellers of homes pay agents in the future. “Sellers are pushing back. They’re saying, ‘Why should I be paying the buyer’s commission?’” said Hollander.
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  • Medill News Service – January 17, 2024
    In a story on the forecast interest rate cuts during 2024, Craig Austin, associate teaching professor of logistics and supply chain management, noted that supply chain, rather than demand, is behind the increased price levels despite the fact that the pandemic effects have failed. “I think demand is good, but it’s not what’s driving the prices. It’s really going to be supply chain issues,” he said.
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  • Miami Today – January 16, 2024
    A story on the increased strength and momentum of consumer spending in South Florida’s economy, presented insight from Manuel Lasaga, clinical professor of finance, noted that while 2023 saw a dent in some areas, spending would continue to grow this year. “The financial system here in South Florida is going to probably be looking out for some type of headwinds and some degree of uncertainty, but we will still see growth,” he said.
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  • MarketScale – January 16, 2024
    In a story on how auto manufacturers and part makers are adapting to the ongoing challenges in the automotive supply chain, and why it so difficult, Craig Austin, associate teaching professor of logistics and supply chain management, highlighted innovative strategies that can help. “The most complete solution to resolve this disruption in the auto parts industry would be for manufacturers to provide an inventory backstop,” he said.
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  • Construction Briefing – January 14, 2024
    In a story on concerns attacks on shipping in the Gulf of Aden in the Red Sea could disrupt supply chains, Andrea Patrucco, assistant professor of supply chain management, through delayed shipments and increased transportation costs. The region is a key route for materials like steel and other construction commodities. “If suppliers can reroute or use different sources without substantial cost increases, the impact might be less severe,” he said.
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  • Miami Today – January 11, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that defining the Canada-South Florida relationship as one centered on tourism and real estate paints an erroneous picture of the commercial interactions between them. He noted that four areas where both South Florida and Canada thrive, jointly as well as individually, are: trade, science and technology, start-ups and renewable energy. “The main challenge before us is to broaden and deepen that relationship, to the benefit of all,” he said.
     
  • Market Scale – January 8, 2024
    In a story about artificial intelligence’s increasing impact on the logistics industry and the future supply chain management, Craig Austin, associate teaching professor of logistics and supply chain management, explained it will be the most transformative of the current trends. “Inventories can be better tracked and better managed, and you don’t have the overstocking which costs a company’s money or the stock out which anger customers,” he said.
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  • Q105.com – January 8, 2024
    In a story about the most expensive cities in Tampa for home buyers, Eli Beracha, director of the Hollo School of Real Estate explained that without higher interest rates Florida real estate prices would reaccelerate due to increased 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.
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  • FreightWavesNow – January 5, 2024
    In a story about FIU Business’s supply chain and logistics program plus its draw for students, Andrea Patrucco, professor of marketing and logistics, explained that faculty cover a broad range of processes, including procurement, inventory management, distribution and transportation. “We give them a set of tools that allow them to be well prepared to take over any type of job position and opportunity that companies today are looking for,” he said.
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  • The Hill – January 4, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that in the aftermath of the global pandemic and in light of increasing tensions in between the U.S. and China, “nearshoring” has emerged as a major issue in global production and distribution. “Still another factor leading to shortages was production disruptions due to China’s strict lockdowns, which were hastily implemented, and the shutdown of Chinese manufacturing facilities with little notice,” he said.
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  • MoneyGeek - January 4, 2024
    In a story on behavioral finance theory, Deanne Butchey, professor of finance, noted individuals can be emotional and have limited self-control when it comes to their finances. Still, they are able to assess these errors and biases which can help them make informed financial decisions. “Individuals need to recognize that most of the time, we are rational individuals making sensible choices, but occasionally we do irrational things,” she said.
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  • MoneyGeek - January 2, 2024
    In a story about zero-interest credit cards, Deanne Butchey, professor of finance, noted these present benefits that require a lot of organization, but risks as well. Large purchases on that card can affect one’s credit score especially if it is for a large percentage of the available credit. Benefits include balance transfers and transferring high-interest credit card debt. “One must be very organized and diligent,” she said.
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