Bissett Insider

MRU FSO and RMA host inaugural RMA Alberta Commercial Lending Case Competition at MRU

On September 27 and 29, the Risk Management Association of Alberta ( “RMA”) and the MRU Financial Students’ Organization (“FSO”) co-hosted the inaugural RMA Alberta Commercial Lending Case Competition on the MRU campus. This competition was modeled after RMA competitions which have been held in the United States.
The event was only open to MRU students.  Thirty two BBA students ( primarily financial analysis and financial services ) signed up and were assigned to 8 teams, each team having an industry mentor (a local commercial lender or banking executive ) who provided each team individualized assistance with their analysis.  the event also included a 75 minute “Commercial Lending 101” seminar, lead by a leading local banker from RBC.
The main portion of the competition had the student teams analyze a provided scenario with both qualitative and quantitative methods to produce a recommendation in an executive summary and commercial lending term sheet.  The mentors provided one hour of limited assistance to their team during the four hours.    Each team then presented their executive summary and term sheet to a panel of judges, over a 10 minute presentation and an 8 minute question and answer period.   The judging panels consisted of local credit risk and banking executives.
The top three teams were:
FIRST: $1400 prize : Team B: Austin Vrabel, Riley McCallum, Connor Nodrick ( 2nd year), Gurdit Khatra
SECOND: $1000 prize: Team E: Sam Lonnberg, Matthew Lonnberg ( 2nd year), Shameel Damji (3rd year), Joseph Neil
THIRD: $600 prize: Team F: Cam Devlin, Ahsan Khan, James Carlson, Enma Calderon ( 2nd year)
The RMA raised funds from several local financial institutions to cover the $3000 prize pool, exceeding expectations!
“Our students were outstanding ambassadors of our program.  Our RMA partners, the judges and the mentors spoke with me throughout the two days of the event and said glowing things about our students: the quality of the analysis, their eagerness to learn and their professionalism were all noted.  In total, 17 corporate-commercial bankers and credit risk professionals came to our campus and worked with our students in some capacity over the two days of the event”  — Catherine Roy-Heaton.
Catherine would like to thank all the industry partners, volunteers and students who made the event the success it was. Special Thanks to Catherine for her continued mentor-ship of the Finance students and the MRU FSO.

Bissett Associate Professor Frank Cotae receives grant to compile a publication for Nova Chemicals Corp.

Bissett Associate Professor, Dr. Frank Cotae and Mr. David Bobich (SAIT) received a grant of $17,500 from  Canada Green Corps and the United Nations Association in Canada | Brigade verte du Canada et Association Canadienne pour les Nations Unites. The result was a professional publication for Nova Chemicals Corp, a $3.2 billion multinational company.
 Babich, D., Radev, A., Cotae, F., Kawaguchi, T. (2018). Area Calculations for a 220 MWt Solar Steam Generator. Research report for Nova Chemicals, Corp.
The content of this report supports the MDG Goals – Ensure Environmental Sustainability and Global Partnerships for Development, and SDG Goals – Affordable and Clean Energy and Industry, Innovation and Infrastructure for Cold Climate Countries.

Bissett INBU Professors, Cotae and Musabende research garners international accolades

Bissett professors, Dr. Jacqueline Musabende and Dr. Frank Cotae have won the Academy of International Business (AIB Annual Meeting 2018) CUIBE Award for Best Paper on International Business Education. The paper title is: “A Student and Instructor Review of Simulations as Experiential Learning Tools for IB Courses.” The award is the highest honour the Academy bestows upon research in undergraduate business education and it is the first time is was granted to researchers from an institution that offers only undergraduate programs.

Dr. Jacqueline Musabende has completed two field policy papers for the International Monetary Fund (IMF) for Public Financial Management Reforms in Namibia and Botswana.

Dr. Jacqueline Musabende and Dr. Frank F. Cotae have been invited by Columbia University and Government of France’s LABEXRefi to present their paper titled “Payment Systems role in Financial Inclusion, Government Policy and Effect in Developing Nations: Evidence from Kenya and Rwanda.” The conference is an event organized by Columbia Centre Alliance – including Columbia University (USA), École Polytechnique (France), Paris 1 Panthéon-Sorbonne University (France), SciencesPo (France), LABEXReFi (France), ESCP Europe, l’ENA (France), Le CNAM (France). It is considered the highest ranked international think tank in international relations and international financial regulation. The article supported the Government Reforms, Gender Equality, Poverty Reduction and Empowering Women through Financial Inclusion, All UN SDG goals. Please follow the link for more information:

Bissett students compete in the X-Culture Global Symposium in Macerata, Italy

Bissett would like to congratulate  Associate Professor, Abdulraham Chikhouni and his contingent of seven Mount Royal University students for their participation in the X-Culture Global Symposium in Macerata, Italy (July 29 – Aug 4, 2018). The symposium brings together thousands of students, from over 40 countries to “compete, collaborate and learn the challenges and best practices of international business consulting.”  The  students were subject to a competitive vetting process of a pool of approximately forty thousand students. Representing Mount Royal were:  April Beaurivage, Catherine Chow, Chelsea Patricio, Colin Murphy. Farkhunda Niazi, Portia Allen and Samuel Velazquez.
The main feature of the symposium was to provide consulting for four Italian companies and doing so within teams comprised of students from different countries. The MRU contingent was excited to have the team of Farkhunda Niazi as the winner of the Cocci Grifoni case. This is a  great achievement for Farkhunda and for the entirety of the group. All of the other students were very close to winning.
Congratulations to all of our participating students and a special thank you to Abduhl for his dedication and mentor-ship to the competing students!

Assistant Professor Rajbir Bhatti commits to board positions and has research published

The Bissett faculty congratulates Assistant Professor Rajbir Bhatti on his new  assignment as Program Coordinator (2018-2019)  of the Management Science Division – Administrative Sciences Association of Canada (ASAC).

The ASAC “is a professional society of those interested in the scholarship, teaching and practice of management. Their members are based in business and related faculties at Canadian and international post-secondary institutions as well as private and public sector organizations. ASAC provides a stimulating and collegial community for sharing perspectives and building relationships across disciplines and industries”

In addition to the aforementioned role, Rajbir has been serving as  Academic Liaison Director with the Calgary Logistics Council (CLC). 
Rajbir and his co-researchers also had a paper accepted into the Business Process Management Journal titled, Continuous process improvement implementation framework using multi-objective genetic algorithms and discrete event simulation ”

Abstract: Continuous process improvement is a hard problem, especially in high variety/low volume environments due to the complex interrelationships between processes. The purpose of this paper is to address the process improvement issues by simultaneously investigating the job sequencing and buffer size optimization problems.

Bissett Contract Instructor Kris Hans combines his passion for tech and entrepreneurship into mentoring

Bissett contract instructor, Kris Hans is an active speaker and participant in a variety of initiatives at the institutions where he teaches (UofC and MRU).  Kris participated in the Mount Royal Cyber Safety Summit again this year. Kris’s topic was  titled, “Unwanted guests. The dangers of home assistants and other internet connected devices expanding on the Internet of Things topic he debuted at  last year’s inaugural Cyber Safety Summit. (Last year’s talk was titled, Should I buy that internet connected toaster.” )

Kris is also an advisor to Startup Canada and been a Guest contributor to some of their #StartupChat sessions.  The following are sessions Kris participated in since Startup Canada invited him to get involved:

Speaking engagements keeping Bissett Assistant Professor Rachael Pettigrew busy!

In addition to being a full-time Management and Human Resources Professor, Rachael Pettigrew is often a sought out speaker and panelist; current engagements include:

Oct 2- Rachael was invited to sit on a panel for the Deloitte 360 Conference held at BMO centre in Calgary. The session title was “Beyond Optics: Building an Inclusive Culture”.

On October 10th, Rachael has been invited to be a speaker at the  5th Annual North American Women in Energy Forum held at the Fairmont Palliser.  Rachael is one of 3 presenters in a workshop on Innovation. she will be discussing Organizational Innovation, specifically the business case for building inclusive organizational specifically the business case for building inclusive organizational cultures.

On November 6th, Rachael will be the keynote speaker at the “Business Leaders Breakfast” in Edmonton at the Art Gallery of Alberta;  this event will centre around various issues facing local business leaders with respect to the hiring, integrating and retaining immigrant and refugee professionals.  Rachael’s presentation is called “Building a Welcoming Organizational Culture for Professional Newcomers.”

“Rachael’s research focus is organizational policies and culture surrounding employees’ management of work and life responsibilities, with specific focus on both gender and diversity and inclusion in the workplace. Rachael has managed several large research projects on newcomer settlement and employment sponsored by Immigration Research West and funded by IRCC.”


Bissett Professor, Connie Vander der Byl to lead a research study on Sustainability best practices and expectations for the energy industry

Connie Van der Byl will be leading a research study on “Sustainability reporting best practices and stakeholder expectations for the oil and gas industry” with funding from Imperial.  Two to three undergraduate student Research Assistants will be hired to conduct a literature review and a comparative analysis of corporate sustainability reports.  Connie will conduct interviews and workshops with stakeholders to assess their expectations of sustainability reports.  A report will be issued in May followed by journal article(s) and conference presentation(s).
Connie is the Academic Director for Mount Royal University’s Institute of Environmental Sustainability. this research project is a continuum of Connie’s research interests focusing on energy organizations and their strategic responses to environmental issues.
This past summer, Connie also presented the paper, “Managing the coopetition paradox in alliance formation”, (co-authored with Dr. Natalie Slawinski),  atMemorial University, at the Academy of Management, Chicago, Illinois on August 14.

Bissett Associate Professor, Catherine Roy Heaton appointed for a 3 year term to the UAC of the AcSB

The Bissett School of Business wishes to congratulate Associate Professor, Cathy Roy Heaton for her recent appointment to the User Advisory Council (UAC) of the Accounting Standards Board of Canada (AcSB).  Cathy has been appointed for a three year term.
The UAC’s purpose is to “assist the AcSB in understanding how users, including investors and investment professionals, credit granters in financial institutions, equity and credit analysts, and rating agencies, use financial information. The Council is also intended to assist the AcSB by providing advice on standard-setting priorities, and on specific agenda projects.”
The combination of Cathy’s academic background and her finance and business career have proven to make her an ideal candidate. As the only academic on the current council, Cathy is excited to bring her academia perspective to this new role.
Congratulations Cathy!

Uthpala Tennakoon has paper published in the South Asian Journal of Human Resource Management

Bissett wishes to congratulate, Associate Professor Uthpala Tennakoon  for  having her paper titled, Crossing the Work/Life Boundary with ICT: Moderating Effect of ICT Perception on the Relationship between Cross-domain ICT Use and Work/Life Conflict published in the South Asian Journal of Human Resources Management , 2018 Vol 5, Issue 2 pgs 1-23

  Information and communication technology (ICT) enables employees to seamlessly traverse work and life domains, and thus impacts employee work/life interactions. Employers today are mindful of employee work/life interactions as an important element in employee wellbeing. With ICT being an integral element of today’s workplace, the ICT implications on work/life interactions have great relevance for the employers and policymakers. Literature on ICT and work/ life interactions have focused on the Western and/or developed countries. Considering the rapid adaptation of ICTs in developing countries, it is important to understand whether the effect of ICT use on work/life interactions is universal. This study examined the impact of cross-domain ICT use on individual work/ life conflict using a sample of professionals/ managers from Sri Lanka. Next, the cognitive dissonance theory was used to examine whether individuals’ perception towards ICTs (positive or negative) has a moderating impact on the aforementioned relationship. The findings validated the literature by demonstrating that cross-domain ICT use positively relates to work/life conflict even in the Sri Lankan context. Next, the results empirically demonstrated that individuals with negative perception towards ICT tend to experience a stronger relationship between work ICT use beyond times and work-to-life conflict. The theoretical contribution together with the implications for employers, human resource practitioners and individuals are also discussed.