On March 7, 2014, the SEB’s Student Advisory Council members participated in Relay for Life, a community based fundraising event by the American Cancer Society. The SEB team exceeded their goal and raised $540 towards the cause!


On February 26, 2014, the Economics Club held an internship panel discussion. The event showcased students who attained past internships and allowed them to discuss their experiences to prepare the student audience for their future internship opportunities.

On April 18, 2014 the Economics Club held presentations of two distinguished alumni, Richard Yamarone, ’85, Senior Economist for Bloomberg, who led a discussion with students concerning how to get a job and keep a job on Wall Street and Richard Deitz, ’89, Assistant Vice-President, Federal Reserve Bank of New York who presented The Outlook for the Labor Market with a Focus on the Prospects for New College Graduates. Later that evening, the faculty and some students joined the alumni for a dinner at the Autumn Cafe.

Rich Deitz '89, Dr. David Ring, and Richard Yamarone '85

Gathering at the Autumn Cafe

Students in portfolio management class (FINC 333) presented their investment research report in front of the Board of the SUNY Oneonta College Foundation on April 17,2014. Students provided both qualitative and quantitative analysis and made investment recommendations. Students are:

Aldana Angelica

Coleman Michael

DeMarco Cristina

Malik Naraiman

Rehm Trevor

Christopher Rollo

Ariel Rosero

Daniel Worden

Hua Zhong, Associate Professor of Management in the School of Economics & Business presented a research paper at the Middle West Decision Sciences Institute (MWDSI) 2014 Annual Conference held in Chicago, IL from April 11-13, 2014. His paper, titled “On the Integrated Production and Distribution Problem with Vessel Assignment and Time Window”, studies a problem that coordinates the purchase, inventory, and distribution of a manufacture to minimize the total logistic cost. A heuristic approach is proposed to solve this problem within a reasonable time. Both gap analysis on a simplified problem and empirical study on the original problem are performed to investigate the solution quality of the heuristic approach.

Four students from the School of Economics and Business were included in this year’s class of Chi Alpha Sigma, a national honor society recognizing student athletes. Inductees must have achieved junior or senior standing with at least a 3.4 GPA while completing at least two years as a varsity athlete in an NCAA intercollegiate sport. Congratulations to these four student athletes!

Mariel Doyle, Business Economics and Mathematics (Cross Country and Track & Field)

Matthew Knapp, Business Economics (Lacrosse)

Marlaena LeMaitre, Business Economics (Cross Country and Track & Field)

Sarah Longto, Business Economics (Basketball)

Only the best business students in the world, and the professionals who earned the distinction of “the Best in Business” during their academic careers, can claim membership in Beta Gamma Sigma. The SUNY Oneonta Chapter congratulates the 24 students who have earned and accepted invitations in fall 2013 and spring 2014 semesters. They join an expanding worldwide network of more than 625,000 outstanding business professionals who have earned recognition through lifetime membership in Beta Gamma Sigma. Students ranking in the top 10 percent of the baccalaureate and top 20 percent of graduate programs at schools accredited by AACSB International – The Association to Advance Collegiate Schools of Business are eligible for this invitation.

Beta Gamma Sigma lifetime membership is truly an international honor. With the expansion of accreditation by AACSB International, membership is no longer limited to those who have studied in the U.S. or Canada. Beta Gamma Sigma has installed collegiate chapters and inducted students on six continents. The most outstanding students are eligible for the highest recognition a business student anywhere in the world can receive in an undergraduate or master’s program at a school accredited by AACSB International.

The following students will be inducted into the SUNY Oneonta chapter of Beta Gamma Sigma on Friday, April 25, 2014 at 3:30 pm in the Otsego Grille of Morris Conference Center:

Daniel Adler, Business Economics Major

Angelica Aldana, Music and Business Economics Major

Jordana Alhante, Business Economics Major

Anthony Carlson, Business Economics Major

Philip Chieco, Business Economics Major

Ryan Dragunat, Professional Accounting Major

Julia Fremante, Business Economics Major

Matthew Knapp, Business Economics Major

Rachel Kowalski, Psychology and Business Economics Major

Brandon List, Professional Accounting Major

Daniel Lounsbury, Professional Accounting Major

Charlene Nelson, Professional Accounting Major

John Perruna, Business Economics Major

Natalia Poljak, Professional Accounting Major

Lindsay Rose, Business Economics Major

Michelle Rosenberg, Professional Accounting Major

Bryan Schlesier, Professional Accounting Major

Daniel Snyder, Business Economics Major

David Stanton, Business Economics Major

Adam Szelkowski, Business Economics Major

Katherine Tighe, Business Economics Major

Kelly Van Deusen, Business Economics Major

Marena Vigilante, Professional Accounting Major

Jennifer Volpe, Business Economics Major and Sociology


Congratulations, Students!


Several students from the School of Economics and Business participated in the 2014 SRCA Day, which took place on March 26 in Hunt Union. Full summaries of all student projects as well as information on the keynote speaker, Chuck Bogosta ’80, can be found in the official program:


Angelica Aldana
The Effects of Immigration on Wages from 2000 to 2010
Faculty Sponsor: Philip Sirianni (Economics, Finance & Accounting) 

Angelica Aldana, Michael Coleman, Christopher Rollo, Ariel Rosero
A Home-made Fund of Funds
Faculty Sponsor: Qun Wu (Economics, Finance & Accounting)

Cristina De Marco
Biodiversity and Tourism
Faculty Sponsor: Philip Sirianni (Economics, Finance & Accounting)

Mariel Doyle
Pigouvian Taxes with Interacting Pollutants
Faculty Sponsor: Philip Sirianni (Economics, Finance & Accounting)

Chelsea Ghent
Do ESG Characteristics Affect a Firm’s Performance?
Faculty Sponsor: Dona Siregar (Economics, Finance & Accounting)

Marlaena LeMaitre
The Impact of Asymmetric Information on IPO Underpricing
Faculty Sponsor: Dona Siregar (Economics, Finance & Accounting)

Ariel Rosero
Spending Rules and Endowment Value
Faculty Sponsor: Dona Siregar (Economics, Finance & Accounting)

Daniel Worden, Naraiman Malik, Trevor Rehm
College Fund Portfolio Analysis
Faculty Sponsor: Qun Wu (Economics, Finance & Accounting)

The  Engineering, Business, and Computing (EBC) Division Speaker Series in Penn State Berks feature visiting experts who conduct research on a variety of topics. On March 21, 2014, the EBC Division Speaker Series will feature Dr. Izabella Lokshina, Chair and Professor of MIS and Dr. Jing Yang, Assistant Professor of MIS from School of Economics and Business at SUNY Oneonta.

Dr. Lokshina will lecture on “Algorithms for accelerated rare event simulation with Markov chain modeling in communication networks”. According to Dr. Lokshina, two efficient rare event simulation algorithms, based on the importance sampling and cross-entropy methods, are developed and applied to accelerate the overflow probability simulation with Markov chains in wireless communication networks. Recommended approach is appropriate and particularly efficient being used for reliability and performance evaluation in wireless communication networks, while more reliable networks must be described by rarer events.

Dr. Yang will talk about “Reading the voice in seller reviews: an analysis on the trust feeling revealed in reviews”. Her presentation specifically analyzes the trust feeling embedded in seller reviews and its impacts on customers’ perceived uncertainty and perceived risks in online transactions, based on the findings in a text mining over 500 reviews collected from ebay.com.  She concludes that seller reviews can be fairly explained by the trust feeling exposed in their content and the three antecedents of trust (benevolence, competence and integrity) have a significant impact on perceived seller opportunism and uncertainty in online transactions.

ONEONTA, New York — Jack Abramoff, the former lobbyist, businessman and movie producer who was indicted on charges of fraud, conspiracy and tax evasion after an extensive corruption investigation, will give a talk on ethics and current events and host a public Q&A session at SUNY Oneonta on March 24. “You Don’t Know JACK: The Man Who Bought Washington” will be held at the Hunt Union from 6:30 to 9:30 p.m. The event is free for SUNY Oneonta students and $2 to the general public.

Abramoff, who served four years in federal prison after pleading guilty, will discuss the importance of ethics in government, as well as personal ethics as they relate to his own experiences, and how they can relate to students and professionals today. He will describe the pitfalls he didn’t see, what he didn’t do, how he came to the point of making only bad choices and how he came to realize his mistakes and work through them.

“It is not often that such a public figure makes the unfortunate conversion from Washington powerhouse to national punching bag,” said Dr. Lisa Flynn of Binghamton, professor of governmental ethics and accounting at the recently AACSB-accredited SUNY Oneonta School of Economics and Business. “Any reasonably intelligent person — and Jack Abramoff is more than reasonably intelligent — who has traveled that route must have insights to share with the rest of us about how we can avoid making similar mistakes.”

The event will conclude Abramoff’s short visit to Oneonta, where he will be engaging in several classroom lectures, and meeting with SUNY Oneonta administration and faculty. Project Director Joseph Diamond, of Brooklyn, explained: “our goal is to increase awareness of systemic ethical issues and provide instructors a platform for fostering meaningful discussions in the classroom.” During the visit, Abramoff will be speaking to students from the School of Economics and Business and the School of Social Sciences about the ethical dilemmas posed by the intersection of government and business.

Diamond added: “Abramoff’s message has never been more relevant than today, and we are privileged to offer Oneonta this opportunity.”

Hosted by the College Republicans and Pi Sigma Alpha honor society, Abramoff’s visit will be funded by donations from across SUNY Oneonta, and area businesses. Operations Director Ian Kenyon, of Cooperstown, explained: “we’ve witnessed a groundswell of support for this evening, and it will be one of those events that elevates Oneonta on the map.”

“You Don’t Know JACK” is sponsored by the SUNY Oneonta Fund for Student Development and Campus Enrichment, the Student Association Activities Council, the Resident Student Organization, College Republicans, Pi Sigma Alpha and various academic departments and student organizations.

Tickets are available beginning March 1 at http://oneonta.universitytickets.com/ or in the Hunt Union at SUNY Oneonta.

For more information, contact: Margaret Monaco, SUNY Oneonta School of Economics and Business, (607) 436-3458.