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MayJune2006

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"HOW DO YOU MAKE GOOD, SOLID ETHICAL DECISIONS? I THINK THEY KNOW NOW THAT IT'S NOT AS EASY AS BLACK AND WHITE, RIGHT OR WRONG." —Art Sherwood, Indiana State University what's happening in the profession now and what the opportunities are." Make sure students are exposed to the research process and develop their quantitative abilities, he says. Most schools fail to recruit stu- dents into Ph.D. programs, Stocks notes—they simply wait until stu- dents apply for admission. "We've basically said, we need to recruit the way we recruit in other areas." Students and Ethics Anyone who worries about whether today's business students are con- cerned about ethics in the workplace should be reassured by the conference on "Ethics and Corporate Responsi- bility" held in March at Indiana State University in Terre Haute. The free conference was organized by three student scholarship groups: Presi- dent's Scholars, Networks Scholars, and Gongaware Scholars. More than 450 people signed up in advance to attend sessions on such hot topics as "Ethics of Genetic Testing," "Sarbanes Oxley," "The Employment of Illegal Immi- grants," "Martha Stewart: What Went Wrong?," "Personal Piracy," and "Truth in Advertising." Keynote speaker Christopher Bauer, of Bauer Coaching and Bauer Ethics Semi- nars, discussed how to make ethically informed decisions while maximizing the bottom line. Students became interested in eth- ics as a conference topic after seeing results of a 2005 survey of employers in the banking and securities indus- try, which indicated that new college hires should possess an understand- ing of ethics and other soft skills. "In the College of Business our focus isn't necessarily on ethics in all of our classes, so we hoped this conference Target Marketing Money, not top grades, will be the reward for some students enrolled in the advertising and promotion course at the University of Northern Colorado's Monfort College of Business in Greeley. Target Cor- poration has committed $5,000 to support the course in which student teams will design advertis- ing and promotional campaigns for the retail giant. The top two teams will split more than $4,500 in scholarship money; the rest will go toward course development. Working in small teams, students will design promotional strategies for some of Target's brand-name cloth- Baltic Connection Executives and managers who are planning to do business in the Baltic region have a new resource in the Baltic Journal of Management, which covers emerging management practices and research in that region. The journal is cur- rently soliciting papers for a special issue that will be distributed at its fourth annual confer- ence, "Creating Well-Being: Entrepreneurs in the Driver's Seat," which will be held June 5 through 7 in Helsinki. The deadline for submit- ting papers is June 5. For more information on the journal, see emeraldinsight.com/info/ journals/bjm/bjm.jsp. For more information on the conference, go to www.BMDA.net. BizEd MAY/JUNE 2006 11 would enrich the learning experiences for students across campus," says Ashley Cameron, a Networks Scholar and co-chair of conference planning. "Whether students know it yet or not, they are becoming more savvy at ethics and the topic of ethical dilemmas," says Art Sherwood, assistant professor of management and a member of the College of Business's leadership devel- opment team. "How do you make good, solid ethical decisions? I think they know now that it's not as easy as black and white, right or wrong." ing lines. They will deliver written proposals and oral presentations to Target representatives, who will do the judging for the awards. "Team projects like these give our students a good dose of hands-on experience blended with academic learning," said Nathan D. Kling, director of the School of Manage- ment and Marketing. The Charitable Entrepreneur A yearlong class on entrepreneurship at Babson College in Wellesley, Mas- sachusetts, teaches first-year under- graduates not only the basics of launching a business, but also the rewards of using business proceeds to support charities. The Foundation Management Experience (FME) immerses students in the world of business as they learn economic theory, probability theory, statistical analysis, and business law— while working with classmates to invent, launch, manage, and liquidate a business. Each team of students receives $3,000 in startup money; all

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