Stony Brook University Business Management

  On June 11th, 2018, BUS department held its End-of-Semester Gathering.  We took the time to come together and shared pizza and chicken. We also had a look on the activities that we did over the whole semester in a slideshow format.  Department Chair Jin-Wan Cho shared couple of important announcements regarding the visitation to Stony Brook as well as the changes to the course schedule in the upcoming semester for the BUS department. He also announced the finalists from MOES. We congratulated them for their entrepreneurial spirit. BUS department encourages all the activities that are done by the students in these extra-curricular activities. Also, the information was shared regarding the IBITP internship over the summer.  After, we played games to give prizes that the department has prepared.  We hope each and every student will do fantastic on their finals! Good luck! 

Monthly Ongoing Entrepreneurship Symposium, MOES, is a monthly series of events that gathers entrepreneurial spirited students to present their start-up ideas. On June 8th, 2018, Business Department held its first Final MOES, with two final candidates.  Special thanks to Professor Chihmao Hsieh to organize this event, as well as Professor Sungjoon Nam and Department Chair Jin-Wan Cho to judge this at this event. Special congratulations to the Final candidates, Caysie Reuter and Gyu Hyun Byun.  These young entrepreneurs submitted their half page idea to entrepatsunyk@gmail.com in order to compete. Business Department will continuously hold these events in order to give valuable experiences to students. We hope more students take charge and partake in such great events.   

  On June 1st through June 3rd, 2018, SUNY Korea held its second Start-up weekend by the lead of the Business Management's Research Professor, Chihmao Hsieh. The topic of this semester's start-up weekend was Fashion Innovation. There were total of 11 teams that participated in this event who came from the Computer Science Department, Fashion Business Management Department and Business Management Department from SUNY Korea. There were also participants who came outside of IGC to participate in this event.  The judges of this event were Robin Baxter (Department Chair of Fashion Business Management), Lisa Donofrio-Ferreza (Department Chair of Fashion Design), and Selina Kang from LG Fashion. And the winner for this year's Start-up Weekend Incheon: Fashion Innovation was team FRTM with an innovative design of the fitting room.  Thanks to all the participants who participated in this event, also thanks to all the mentors who helped out at the event as well as the organizers. Hope to see more of the students at these events!

On May 23rd, 2018, BUS department held a BMS lecture series speaker Sungjoon Nam, the assistant professor at SUNY Korea Business Management. He talked about the impulsive purchases made during the investigating years and the rate of return caused by the impulsive cancellation. The data is still growing and there are more research to be done to have further knowledge of what do marketers do in order to drive the people to make impulsive purchases. The mind game still happens in our every day lives as we encounter this even in our close by grocery markets.  There is always a reason why item A is stored on shelf A and item B is stored on Shelf B. This is for the sake of the company's profits from analyzing the consumer buying behaviors.  Thank you for all the support you showed to the BMS Series. This puts the end on the BMS series for Spring 2018. We hope to see you next semester!

  On May 12th, 2018, BUS Department hosted its 2nd outing. Due to the rain, we had to cancel the previous schedule to Seoul Grand Park and Suri Mountain. We thank Professor Jin-Wan Cho and our coordinator Minha Kim who hosted this event.  We first visited Issac Bowling to bowl and enjoy time together. After, we walked down the street to eat Korean BBQ. We spent a lot of fun time together talking and spending time with each other.  We hope to see more of the students engage in the fun activities planned for the upcoming outings!

  On May 9th, 2018, BUS Department had a special guest speaker from Green Climate Funds, Ayaan Adam. She is the Director of the Private Sector Facility in Green Climate Funds. Green Climate Funds is a new global fund created to support the efforts of developing countries to respond to the challenge of climate change. GCF helps developing countries limit or reduce their greenhouse gas (GHG) emissions and adapt to climate change. It seeks to promote a paradigm shift to low-emission and climate-resilient development, taking into account the needs of nations that are particularly vulnerable to climate change impacts.  With the lead of Paris Agreement in 2015, it is set up by 194 countries who are parties to the United Nations Framework Convention on Climate Change. They ask for accredited entities to fetch projects so that they can fund the project in order to create an eco-friendly environment in the developing countries.  Thank you all for participating in this seminar with well prepared questions for the speaker to answer. We hope that the business department students will come out more frequently to hear the guest speaker. It is a beneficial event for the students to hear these speakers and learn to take initiative in the events provided. With that being said, we want to thank you all for coming out once again. Please continue to show your full support for the upcoming BMS seminars.

  On May 2nd, 2018, BUS Department had a special guest speaker for BMS series, Jolly V the Rapper.  She spoke about her life and how Hip-Hop changed her perspectives and thoughts. She emphasized 3 words that Hip Hop taught her. 1. YOU 2. Creative 3. Know Someone Thank you all for coming out to the special guest "home-party" seminar. I hope there are more support for the department lectures from students. See you all at the next lecture!

  On Wednesday, April 18th, 2018, Business Department held its first BMS (Beautiful Minded Speaker) Series. We had Professor Hsieh talk to us about his research about how the suspense the audience in films is similar in a way for the suspense that the entrepreneurs feel when they do their start up. His researched consisted of surveys of the entrepreneurs on Linkedin. We first examined the suspense that we could feel from the movie "Train to Busan" and link the emotions we have to the feelings we might have as an entrepreneur.    We had lots of fun talking about the different feelings that these entrepreneurs had. Professor Chihmao Hsieh told us that more research is needed with a bigger pool of people. He is looking forward to research thoroughly on this issue.

  Faculty Mentors have been assigned! All students within the BUS department have been assigned to a professor. Students must have a meeting with their assigned faculty at least once per semester. This poster is also posted next to the BUS study room (B526). If you cannot find your name on the list, please contact our coordinator. 

Three new faculties are joining us for Fall 2017! Prof. Chihmao Hsieh in Management/Entrepreneurship: Prof. Hsieh earned his Ph.D. from Washington University in Saint Louis. His past experience includes Amsterdam School of Economics and Underwood International School at Yonsei University. He will be teaching BUS111 (Understanding Business) and BUS294 (Principles of Management). He will also develop SUNY Korea's entrepreneurship related programs such as Center for Global Entrepreneurship and Start- up Weekend. Prof. Sungjoon Nam in Marketing: Prof. Nam received his Ph.D. from University of Chicago and taught at Rutgers University and the City University of Hong Kong. He also had an experience of running his own business. His research interest is quantitative analysis in marketing. He will teach BUS348 (Principles of Marketing). Prof. Jae-Yeong Lee in Operations Management will join us as a visiting faculty for Fall 2017 and teach Business Statistics and Introduction to Decision Science. He earned his Ph.D. from North Carolina State University and am currently at Myongji University. He will teach BUS215 (Business Statistics) and BUS220 (Introduction to Decision Science).