Bissett Insider

Associate Professor Rajbir Bhatti appointed as grant reviewer by the Natural Sciences and Engineering Research Council

 Bissett School of Business wishes to congratulate Bissett  Associate Professor, Rajbir Bhatti on being appointed as a Grant Reviewer for the  second  year in succession, by the Natural Sciences and Engineering Research Council (NSERC). Rajbir will be reviewing applications made to a joint initiative application to the College and Community Innovation Program (CCI) – IE and Canada Foundation for Innovation (CFI).  The College and Community Innovation (CCI) Program is managed by NSERC in collaboration with the Canadian Institutes of Health Research (CIHR) and Social Sciences and Humanities Research Council of Canada (SSHRC).

The Canada Foundation for Innovation (CFI) participates in the Innovation Enhancement (IE) Grants component of the granting agencies’ College and Community Innovation (CCI) Program in order to foster partnerships between colleges and the private sector that will lead to business innovation at the local, regional and national levels. This joint initiative allows colleges to apply for a comprehensive funding package supporting both research costs and research infrastructure (through the CFI’s new College-Industry Innovation Fund

IE Grants stimulate applied research that brings together necessary expertise from diverse fields such as natural sciences and engineering, social sciences and humanities, and/or health sciences to address business-driven challenges and opportunities. IE Grants provide funding to colleges on a competitive basis to support the growth of their applied research capacity leading to collaborative applied research and technology transfer activities with and to the benefit of companies—SMEs in particular. They thus increase company engagements and contributions throughout the term of the grant. These grants will focus on an area where the college has recognized expertise and that meets local or regional needs and where there is the potential to increase the economic development of the community.

The funding limit for these grants is $400,000 per year, (payable for five years) – capped at $2 million per application.

Assistant Professor Nicole Edge has paper accepted at the Qualitative Accounting Research Symposium

Bissett school of Business would like to congratulate  Assistant Professor, Nicole Edge for having her paper titled: “The Goffman Gospel According to Accounting: Maintaining Business Beliefs” accepted for the Qualitative Accounting Research Symposium sponsored by the Canadian Academic Accounting Association.

The Symposium, taking place November 28 – 29, at the University of Guelph, “brings together researchers and accounting faculty who share an interest in qualitative accounting research from diverse methodological and theoretical perspectives”.

Contract Instructor Kris Hans keeping busy with speaking engagements and mentoring

In addition to teaching Business Communications here at Bissett, Kris is described as an ideas generator and a social entrepreneur. Kris’s passion is working with student and start-up ventures to help grow their businesses and diversify the Alberta Economy.

Kris Hans recently presented an informative cyber security seminar on MRU campus this past October, titled:  Artificial Intelligence: Sci-Fi vs. Reality -Think that artificial intelligence is limited to robots of the future that will threaten humanity? Think again. Artificial intelligence is already here and being used in products all around us.  Kris  explains what artificial intelligence really is, how it is being used, how it is impacting our privacy and what should concern us about its use in the future.

Kris will also be a part of the Pinnacle Leadership Challenge Workshops. His workshop with the Pinnacle series will focus on Personal Branding;  ensuring one’s digital footprint is effective in showcasing who you are.  The  next workshop is on Thursday, November 21, 12 pm at the Programming and Volunteer  Room, 2nd floor of Wyckham House (Z204).

Bissett Associate Professor, Paul Varella presents paper at conference in St. Petersburg at the GSOM Emerging Markets Conference

Bissett School of Business would like to congratulate Associate Professor, Paul Varella on the acceptance and presentation of his paper titled:  Institutionalization of External Environmental Governance of Firms a Microfoundation Study.

Abstract:
This paper introduces a qualitative study that investigates microfoundational processes for
external green governance of corporations, societal external governance onto firms for
issues associated with the natural environment. The study investigates the agency of
professionals working in corporations and eNGOs and the related social structures
associated with green governance. We then evaluate, through a series of propositions, how
agency and social structures recursively overtime help shape the institutions aimed at
governing corporate sustainability. The content analysis of the interviews with 24 senior
level professionals in this study offers additional insights to how agency and social
structures interface, as institutions evolve into establishing different governing approaches
to corporate action with sustainability relevance. The study is relevant to help understand
institutionalization processes related to the natural environment, which is a critical aspect
to the sustainable growth of economies of emerging markets.

The presentation was on the topic of Business in Society: a Change of Paradigm. That conference track was organized by the Graduate School of Management (GSOM) of St. Petersburg University, on October 4, 2019. The conference was organized by GSOM in cooperation with the Academy of Business and Society (ABIS).

The related research is funded by the Institute of Environmental Sustainability at MRU.

Associate Professor Jim Fischer busy mentoring students in the annual Stock Market Competition and with his research projects

The academic year is always an exciting time of year for finance students as the much anticipated Annual Bissett Stock Market Competition is well underway! The 14th edition of the annual competition has thirteen teams of three competing for the right to have their names added to the revered trophy which resides in the Bissett office. Teams have until the end of March to test themselves in both Canadian and US stock markets. With a variety of strategies in play, including buy-and-hold, frequent trading, and the inclusion of options and margin in the mix, it is shaping up to be an exciting time for participants. This is another great example of how Bissett School of Business offers students impactful learning opportunities through experiential opportunities. Thanks for your leadership Jim!
In terms of his research endeavors, Jim Fischer was in Minneapolis during reading week to present his paper “Modern Portfolio Theory and the Efficient Markets Hypothesis: How Well Did They Serve Canada’s Baby-boom Generation? to the Annual Meeting of the Academy of Financial Services. The meeting is held annually in conjunction with the Annual Conference of the Financial Planning Association, attracting a large number of academics as well as industry practitioners.
Abstract: Modern Portfolio Theory (MPT) and the Efficient Markets Hypothesis (EMH) have influenced portfolio management strategies for an entire generation. Taking the example of an average Canadian family from 1977 to 2016, this paper examines how well MPT and EMH served the baby-boom generation of investors. A model investing strategy was constructed based on the principles of MPT and EMH. The strategy was evaluated for its ability to adequately provide for the subject couple in retirement. Results of this portfolio were compared to other popular investment alternatives. Using generally-accepted rules-of-thumb in financial planning, the MPT strategy was found to have provided an adequate retirement income for the subject couple. Some of the other strategies moderately exceeded the returns of the MPT strategy, while others under performed this benchmark. Analysis of these discrepancies reinforced the significance of diversification and of re-balancing portfolios through dynamic asset allocation.

Assistant Professor Tashfeen Hussain active in various research projects

Bissett School of Business congratulates Assistant Professor, Tashfeen Hussain for being selected to contribute a chapter to the upcoming book titled, “Corporate Fraud Exposed”.  The title of the chapter that Tashfeen  will be writing is “The Spillover Impact of Corporate Fraud on Peer Firms”.  The selection process has been quite intensive.  The book will be edited by Dr. Kent Baker, Dr. Lynnette Purda and Dr. Samir Saadi.  The book will be published by Emerald Publishing. Tashfeen expects to have the final draft of the chapter ready by June, 2020.  The book is intended to be used at PhD programs in Finance.

 

As part of the faculty’s  Apaat tsi kani takiiks initiative, Tashfeen and Associate Professor Allan Dwyer have had their proposal approved for developing  a teaching case focusing on indigenous related issues.    The focus of the case will be “Estimating the cost of capital for an indigenous business and evaluating strategies to reduce the cost of capital”.

“The Apaat tsi kani takiiks project is an initiative from Bissett School of Business and the School of Communications  that aims to produce and promote Indigenous-centered curriculum and programming for the next generation of leaders, working to increase access to education for Indigenous students in an attempt to address reconciliation. The three-year initiative began in May 2017 as a continuation of the Suncor Aboriginal Business Education pilot project”. – MRU Media

 

 

2nd Annual MRU RMA Commercial Lending Case Competition was a huge success

The Risk Management Association of Alberta, in conjunction with the MRU Financial Student Organization (FSO) hosted the second edition of the MRU RMA Alberta Commercial Lending Case Competition this past September. The competition is modeled after RMA competitions held in the United States and MRU is currently the only western Canadian University to offer a case competition in this format.

Building upon the success of  last year’s inaugural event, the organizers were happy to  report a 40% increase in student involvement for this year.  This year’s competition seen  10 teams comprised from 38 Bissett BBA student participants  plus six student volunteers to handle the logistics throughout the event. There were also nineteen RMA commercial credit professional-executives and ten faculty and senior management members in attendance. Each of the teams were provided with a dedicated industry mentor to give individualized advice on their analysis.

It was an outstanding few days of learning, mentor-ship and networking! ” – Cathy Roy-Heaton

Each team was evaluated on their written and oral summary, identification of key risks, mitigation of risks, key ratio and financial analysis of the case, as well as their ability to professionally and concisely communicate their findings and defend their recommendations. The teams were extremely competitive as all ten teams placed within 15% of the first place team and there was only 1.2% differential between the 1st and 3rd placed team!

FIRST: $1400 prizeMatt Carson, Kyle McDonald, Riley Lyster, Connor Studer
SECOND: $1000 prize:  Jacob Frank, Deynira Calderon, Ivonne Abarca, Mohsen Esmaili
THIRD: $600 prize:  Alex MacLean, Alex Campbell, Leutirm Bajraktari, Jared Benoit
The RMA raised funds from several financial institutions and provided a prize pool of $3000.00, exceeding the organizers expectations.
Cathy reports that the RMA partners, the judges, the organizing committee and the mentors were impressed with the quality of the analysis, the students’ eagerness to learn and their professionalism.
Bissett congratulates all of the student participants and sends special thanks to our industry partners that made this event possible. A special thanks to Associate Professor, Cathy Roy Heaton for her leadership and mentoring of the students as well as Associate Professor, Carleton Osakwe,   Associate Professor, Tashfeen Hussain and Chair, Reza Chowdhury.
“Many of the students thanked me for the opportunity to be engaged in this experience. No question this is at the heart of what we stand for in the Bissett School of Business. Thank you for making this an impactful learning experience for our students”  – Dean, Elizabeth Evans

Bissett Professors Mohammed El Hazzouri and Leah Hamilton have papers published

Congratulations to Associate Professors Mohammed El Hazzouri and Leah Hamilton for having their paper published in the Journal of Public Policy and Marketing,  titled: “Why Us?! How Members of Minority Groups React to Public Health Advertisements Featuring Their Own Group”.  The research press release was published in The Conversation Canada and several other venues.

7th Annual JMH LaunchPad Pitch Competition another huge success!

The JMH LaunchPad competition is in its seventh year of recognizing and rewarding MRU student entrepreneurs.  Hosted by the Institute of Innovation an Entrepreneurship, the annual competition has become a 300 seat sell-out event filled with investors, students, and community members who come to see the student entrepreneurs pitch their ventures for a chance at $80,000 in start-up funds (cash and in-kind services). The student entrepreneurs at Mount Royal University continue to impress  and lead in Calgary’s entrepreneurial community.

Participating students were: Gio Moros, E-Cash; Silvia Bezzi, Arielle Fitzgerald, Marc Nzojibwami, Mooch; Gurpartap Baidwan, Move N’Store; Luke Morstad, Outlier Surf & Adventure Co; Tarandeep Singh Kainth, Sharyeo; Kevin Wojcial, Venure Tech Innovations VR; Vladimar Taikov, WorkMore.

Congratulations to all of our student entrepreneurs! A complete list of results can be found here.

Bissett Assistant Professor, Tashfeen Hussain completes oral defense for his PhD

Congratulations to Assistant Professor Tashfeen Hussain who recently completed his oral defense of his thesis! Tashfeen’s thesis has been approved without revision through the Smith School of Business, Queen’s University. The title of the thesis: “Implications of firms’ interactions with debt markets”.

Tashfeen has also been selected to write a chapter on an upcoming book on Corporate fraud. The chapter is titled: “The spillover impact of corporate fraud”.