eLubin

December 2014 eLubin


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Lubin Ranks Highly in PayScale Reports

Lubin Ranks Highly in PayScale Reports  
In the 2014-2015 PayScale College Salary Report, Lubin ranked in the top 7% for Best Graduate Schools and in the top 11% for Best Colleges for Business Majors. Dean Neil Braun has stated: "Here is further evidence that Lubin's emphasis on experiential learning and professional effectiveness positions our students well for success in business. We are focused on outcomes and ensuring our students are job ready. Our great positioning in these new PayScale rankings further demonstrates we are providing students with the skills and experience they need for career success."
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Season's Greetings from the Lubin School of Business

Season's 

Greetings from the Lubin School of Business
Dean Neil Braun and the faculty and staff of the Lubin School of Business send warm holiday greetings to everyone. Have a wonderful holiday season.
Season's Greetings from the Lubin School of Business

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The FASB Sets Standards At Pace
  [The FASB Sets Standards At Pace]
On December 1, the Center for Excellence in Financial Reporting (CEFR) hosted an official forum of the U.S. Financial Accounting Standards Board (FASB). Over 350 people gathered to observe a discussion between members of the FASB and panelists including representatives from the SEC, the International Accounting Standards Board, Big 4 accounting firms, Fortune 50 companies, and professional investors. The meeting was moderated by Nick Cappiello '96, lead manager of the FASB's Disclosure Effectiveness Project. Leslie Seidman, executive director of the CEFR and former FASB chairman, welcomed the elite group. The Pace community had a valuable opportunity to observe first-hand the types of issues being discussed by rule-makers and how the FASB gathers information from the public to set accounting standards.
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PepsiCo Executive Talks Brand Marketing
[PepsiCo Executive Talks Brand Marketing]
On November 17, Lubin's Executive In Residence, Mario Mercurio, senior vice president and general manager, Franchise Business Unit, Pepsi-Cola North America Beverages, lectured to more than 300 students at two separate sessions on the New York City campus. Students were transported in time through Mercurio's use of commercials, which in some cases featured celebrities including Michael Jackson and Britney Spears. Mercurio's talk demonstrated the brand marketing challenge of keeping a 116-year old beverage company in sync with youth and current times.
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Entrepreneurship Grant Award Recipients
  [Entrepreneurship Grant Award Recipients]
Ted and Pat Levine
The Entrepreneurship Lab has announced the recipients of the Ted and Pat Levine Proof of Concept Entrepreneurship Initiative grant. The initiative was established to provide competitive cash awards to Pace students and recent alumni interested in performing proof of concept work. The winners of the award are Paige Cecchi, Juliette Nieves, and Christa Gray Page. For more information, visit www.pace.edu/levine.
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Registration for the Pace Veterans Boot Camp
Now Open!

[Registration for the Pace Veterans Boot Camp Now Open!]
The Veterans Entrepreneurship Boot Camp organized by the Entrepreneurship Lab is supported by a $50,000 grant from the Blackstone Charitable Foundation. The program is an intensive seven-week course that includes business and technical instruction, collaborative lab time, and networking opportunities. Boot camp will be held on Thursdays beginning February 19 and running through April 23. For veterans seeking additional information about boot camp, contact the program director, Bruce Bachenheimer, at bbachenheimer@pace.edu.
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  [Paid Professional Fellowships Available]
Michael Dezer '68
Paid Professional Fellowships
Thanks to a generous grant from Michael Dezer '68, Lubin's Entrepreneurship Lab will support six professional fellows this semester and next semester. Students selected for a paid fellowship will have an opportunity to gain valuable experience with Israeli startups. One student will also have an opportunity to travel to Israel to complete an apprenticeship. For details about the six available positions and application instructions, send an e-mail to entrepreneurship@pace.edu. To learn more about this program, visit the Israel Entrepreneurship Initiative page.
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ALUMNI NEWS
[Celebrate Lubin]  
This year, the annual Lubin Luncheon was re-imagined as Celebrate Lubin! The event honored Charles Mak '77, '80, senior advisor, Morgan Stanley, with the Lubin Alumni Achievement Award, and Christina M. Ostran '08, manager, EY, with the Recent Alumni Service Award. Celebrate Lubin! was held on the evening of Thursday, December 4, and began with a student showcase and networking reception, followed by a program featuring remarks by President Stephen Friedman and Dean Neil Braun, and a keynote address delivered by Leslie Seidman. The event raised over $100,000 and attracted more than 135 guests. Proceeds from Celebrate Lubin! will provide scholarships for Lubin students and fund special projects selected by Dean Neil Braun.

Pace Shows Appreciation
for Donors with Video


[Pace Shows Appreciation for Donors with Video]  
Pace University would like to thank its donors, whose generous contributions have opened the doors of Opportunitas to so many by making it possible for generations of bright young men and women to realize their dreams. Here is a short video expressing the University's gratitude.
The Importance of
Annual Giving
Lubin alumni have the opportunity to make a difference in Pace's future. Your gifts to the Annual Fund provide crucial support for the scholarships and programs that help Lubin and the University thrive. Last year, thanks to your support of the Lubin Annual Fund, we achieved so much. Students groups attended conferences and national competitions. Further, Lubin purchased additional Bloomberg terminals and flat panel monitors, and funding was provided for faculty publishing in top research journals. Remember, it's your participation that matters most. Every gift makes a difference. Please click here to make your year-end gift to the Lubin Annual Fund before December 31, 2014.

Auditing Standards Symposium

Lubin's Center for Excellence in Financial Reporting and the CPA Journal will hold Audits at the Crossroads - A Symposium on Evolving Standards and Practices, on Monday, January 12, at the NYSSCPA, FAE Learning Center (NYC). Leslie Seidman, executive director of the Center and former FASB chairman, will moderate a discussion between Greg Jonas from the PCAOB, Cindy Fornelli from the Center for Audit Quality, and Rita Piazza from MarksPaneth LLC. The panel will discuss recent audit inspection findings, as well as a number of potential changes in auditing standards. The session is $50 and qualifies for 3 CPE credits. Space is limited, so register soon at www.nysscpa.org/crossroad.

LUBIN PROGRAM NEWS
Next CCRP® Cycle Begins in January 2015
Pace's Certified Compliance and Regulatory Professional® program is an industry recognized professional certification in the compliance/regulatory risk management field. This 26- week program meets weekly on Tuesday evenings starting on January 13, 2015. Students take classes in a traditional classroom setting and recently the program began offering classes online. The program also offers New York State CPA continuing education credits. For more information, contact Professor Bob Chersi, at rchersi@pace.edu.
Next Master's in Finance for Professionals Cohort Begins February 2015
For professionals seeking to distinguish themselves in today's competitive marketplace and advance their careers, Lubin's Master's in Finance for Professionals program is for you. The 12-month, 36-credit MS degree is specifically designed for individuals already working in the financial sector as well as those desiring to enter the field who need to update their knowledge and skills within a practical framework. This hybrid learning model combines online study with weekend residencies every eight weeks. Classes begin February 26, 2015. The GMAT is not required. Visit www.pace.edu/mfp for details, or contact Dr. Jay Sholes, director of Executive Programs, at jsholes@pace.edu, for additional information.


STUDENT NEWS
NEW Student Managed Investment Portfolio Video
Lubin's Student Managed Investment Portfolio's (SMIP) 39% return in calendar year 2013 outperformed the returns of its benchmark indices (Dow Jones-26%, S&P 500-30%, NASDAQ-38%). Students who manage the SMIP engage in direct contact with leading financial analysts and hedge fund managers. In light of the students' accomplishment, the University created a video showcasing them in action. Watch it here!
Demystifying The CPA Exam
[Demystifying The CPA Exam]  
On October 29, David Doroski and Adell Battle 87, both senior technical managers of Examination at the American Institute of Certified Public Accountants (AICPA), addressed students at an event hosted by Beta Alpha Psi in collaboration with ALPFA, NABA, and IMA. The over 70 students who attended the event were provided with suggestions on how to pass the CPA exam. Students were also given information on how the exam is scored and were told about state qualification requirements. The AICPA is the national professional organization for certified public accountants in the United States responsible for developing and grading the Uniform CPA Examination.
Promising Students
  [Promising Students]
Reshma Kharawla
Lubin students Reshma Nitun and Victoria Nguyen were selected as this year's Most Promising Multicultural Students by the American Advertising Federation (AAF). The AAF's Most Promising Multicultural Students program connects the nation's top multicultural college seniors with the advertising industry by offering networking, interviewing, and immersion opportunities with industry professionals. Another Lubin student, Fatimata Ba, was awarded an American Institute of Certified Public Accountants Scholarship for Minority Accounting Students.
Travel and Learn Through International Field Studies
During the spring semester, Lubin students will learn about global economies by traveling abroad. Through field study trips, students will travel to Brazil, China, Denmark, Sweden, the United Kingdom, and France. They will visit corporations, government agencies, and universities. Scholarships in the amount of $1,500 are available to qualified students.

[In the News]  

  In The News