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International Business Institute at the University of Missouri–St. Louis

                                                                                SPRING 2020

Transcending
Boundaries
in INTERNATIONAL BUSINESS
Transcending Boundaries - in INTERNATIONAL BUSINESS - International Business Institute at the University of Missouri-St. Louis - International ...
Lighting the Path to   Successsiness
                        in International Bu
                                                                                                                                         Stay Engaged
                                                                                                                                                                                                          International Business Institute
               IB Case Competition                                                                    UMSL IB Faculty have                 Stay Focused!                                                  Advisory Board
                                                                                                       received more than
 12 years 7                        72 teams
                                   84                                            vision
                                                                                                                                                                                                          The International Business Institute Advisory Board includes academic

                                                                                                      $3,500,000
                                                                                                                                         Aligning naturally with UMSL’s mission of “We Transform
                       years,                                                                                                            Lives,” the International Business Institute continues to be
                                                                                                                                                                                                          and business leaders who are St. Louis based and global. Board members

                                                      motivation
                                                                                                                                                                                                          represent companies of various sizes. This linkage is critical to the ongoing
 IB Career                                                                                              e                                engaged in transforming students to become future global         development of the International Business degree programs at the
Conference                      in    g                                                                in research grants
                         market
                                                                                                                                         business leaders.                                                University of Missouri­–St. Louis. Business members of the advisory board
                                                                                                                                                                                                          provide valuable input about curriculum and internships for international

 3,500+                                                                                                                                  In this newsletter, we are excited to share a few important
                                                                                                                                         highlights:
                                                                                                                                                                                                          MBA students and participate in classes and other forums to share their
                                                                                                                                                                                                          experience and knowledge with our students.
 students
                                                                                                            175,000                      • UMSL’s International Business undergraduate program            Scott Bell                            John Guckes                           Jay Shekelton
                  ip
            dersh
                                                                                                                                                                                                          Independent Consultant,               Independent Consultant                President,
                                                                                                                                           was ranked Top 25 for 17 consecutive years in a row in
      lea
                                                                                                                                                                                                          Former Vice President of              and CorneaGen CEO Senior              H-J International Inc.

                                                                UMSL                                             in study abroad           U.S. News and World Report;                                    Global Sales Operations,
                                                                                                                                                                                                          Siemens
                                                                                                                                                                                                                                                Advisor, John Guckes &
                                                                                                                                                                                                                                                Associates, LLP
                                                                                                                                                                                                                                                                                      Torbjorn (Turbo) Sjogren

                                                              IB faculty                                         scholarships to         • Our IMBA program with Nanjing University was recently          Steve Burrows                         Sean Hanebery
                                                                                                                                                                                                                                                                                      Vice President, Air Force
                                                                                                                                                                                                                                                                                      Fighters & Aircraft
                                                              have over                                                                    ranked Top 5 by MBA China and the Manager Magazine;            International Business                Digital Programmer Nies/RR            Sustainment Global Services
                                                                                                                 COBA students
                                                          36,000
                                                                                                                                                                                                          Development Professional,             Donnelley Company                     & Support The Boeing
                                                                                                                                         • IB Fellows published                                           Former CEO of Anheuser-
                                                                                                                                                                                                                                                Scott W. Hine
                                                                                                                                                                                                                                                                                      Company
                                                                                                                                                                                                          Busch International
                                                                                                                                           in leading academic                                                                                  Vice President, Products              Peter A. Smith
    plan                                                  citations in                                               s                                                                                    Ross Bushnell                         & Solutions and Chief                 Vice President, Global

                                                                                                                 dea
                                                                                                                                           journals and received                                          Vice President and General            Innovation Officer, Novus             Franchising, Enterprise

                                                         Google Scholar                                      i                             multiple research                                              Manager, Global Flexibles,
                                                                                                                                                                                                          Sonoco
                                                                                                                                                                                                                                                International                         Holdings, Inc.

                                                                                                                                           awards nationally and                                                                                Kei Pang                              Jorge Toro
                                                                                                                                                                                                          Michael Costello                      Chief Business Development            President and CEO, Medinexo
                                                                                                                                           internationally;
                                                                      IB faculty
                                                                                                                                                                                                          Founding Member,                      & Strategy Officer, Nidec
                                                                                                                                                                                                                                                                                      Tom Wilson
     research                                                       have published
                                                                                                                                         • We celebrated the
                                                                                                                                                                                                          Agreeco, LLC

                                                                                                                                                                                                          Lloyd “Henry” Evitts
                                                                                                                                                                                                                                                Motor Corporation

                                                                                                                                                                                                                                                Rodolfo Rivera
                                                                                                                                                                                                                                                                                      Vice President, Marketing at
                                                                                                                                                                                                                                                                                      Bayer Crop Science
                                                                                                                                           7th annual International
                                                                      more than                                                                                                                           Vice President,                       Director, Business
                                                                                                                                                                                                                                                                                      Timothy Nowak

                                                                    300
                                                                                                                                           Business Case                                                  Manufacturing H-J                     Development Fidelity
                                                                                                                                                                                                                                                                                      Executive Director, World
                                                                                                                                                                                                          Enterprises, Inc.                     National Title
                                                                                                                                           Competition, and this                                                                                                                      Trade Center Saint Louis

                                                                                                                               ss                                                                         Thomas Eyssell                        Joseph Rottman

   business                                                                                                              succe
                                                                                                                                           year’s case competition                                        Chair - Dept. of Finance and          Associate Dean, Graduate
                                                                                                                                                                                                                                                                                      Michael Kelley
                                                                   peer-reviewed                                                           will incorporate an                                            Legal Studies Professor               and International Programs,
                                                                                                                                                                                                                                                                                      Vice President of

                                                                      articles                  teaching                                   innovative company                Dr. Gerald Yong Gao
                                                                                                                                                                                                          of Finance University of
                                                                                                                                                                                                          Missouri–St. Louis
                                                                                                                                                                                                                                                University of Missouri–
                                                                                                                                                                                                                                                St. Louis
                                                                                                                                                                                                                                                                                      International Business
                                                                                                                                                                                                                                                                                      Development, Metal

                        innovation                                                                                                         visit feature;                    Director, International
                                                                                                                                                                             Business Institute           Norihito Furuya                       Shaker Sadasivam
                                                                                                                                                                                                                                                                                      Exchange Corporation

                                                          y
                                                                                                                                                                                                          CEO, IGB Network Co., Ltd.            Public Company CEO,
                                                                                                                                         • We offered more
                                                      teg
                                                                                                                                                                                                                                                Entrepreneur, Technologist
       More than                                                                       management
                                                                                                                                                                                                          Joel Glassman

                                               stra
                                                                                                                                           scholarships to help students
                                                                                                           Over                                                                                                                                 SunEdison Semiconductor

   $500,000
                                                                                                                                                                                                          Associate Provost, University

                                                                                                         500
                                                                                                                                           participate in various study                                   of Missouri–St. Louis                 Charles Hoffman
                                                                                                                                                                                                                                                Dean, College of Business
                                                                                                                                           abroad programs, including a trip to Bremen in the             Greg Gorman
   in gifts related to                                                               teamwork
                                                                                                                                                                                                                                                Administration, University of
                                                                                                                                                                                                          Vice President, Business
                                                                                                                                           summer, IMBAi in Aschaffenburg, and many others.
 International Business                                                                                    COBA students                                                                                  Planning & Development,
                                                                                                                                                                                                                                                Missouri–St. Louis

                                                                           workshops                     have studied abroad
                                                                                                                                                                                                          Nidec Motor Corporation
                                                                                                                                         These achievements are the result of the joint efforts from
                                                                                                                                         our world-class faculty, dedicated staff, the highly engaged
                                                                                                                                         Advisory Board members, and our talented and motived             The International Business Institute at the University of Missouri–St. Louis publishes IBI News
                                                                                                                                                                                                          for alumni, faculty, students and staff. The newsletter highlights the people and programs that
                                                                                                                                         students. In the future, we will stay focused with our central   make the institute great.
                                                                                                                                         mission to further international business education through

                      T
                                                                                                                                                                                                          International Business Institute         314-516-4503
                                                                                                                                         offering valuable cultural exposure to students, enhancing

                    S
                                                                  U.S. News & World Report’s 2020 “America’s

                 E
                                                                                                                                                                                                          College of Business Administration       ibinstitute@umsl.edu

               BCOLLEGES
                                                                                                                                         internationally-oriented research, and strengthening the         University of Missouri–St. Louis         ib.umsl.edu
                                                                  Best Colleges” guidebook names the University of                       linkage with the St. Louis business community. We look           350 J.C. Penney Building

                                                                  Missouri–St. Louis among the top 25 IB programs in                     forward to another remarkable year!
                                                                                                                                                                                                          1 University Blvd.
                                                                                                                                                                                                          St. Louis, MO 63121-4400
                                                                  the nation for 17 years and counting.

               INTERN
                       ATIONA
                              L
                                  1U7NNING!
                                      BUSINE
                                            SS

                                  R
                       YEARS                                      International Business Institute
                                                                                                                                    22                                                                                                                              International Business Institute            3
Transcending Boundaries - in INTERNATIONAL BUSINESS - International Business Institute at the University of Missouri-St. Louis - International ...
IB ON CAMPUS
    CONTENTS
    Director’s letter................................................... 3              Top
IB ON CAMPUS
    Top international business journal ................. 4
    recognizes Professor Janet Y. Murray
                                                                                        international
    for substantial research contributions
    Alexis Bates explores globe............................. 6
    while pursuing UMSL degree
                                                                                        business journal                                                                                                                        Janet Y. Murray, the E. Desmond Lee Professor for Developing Women
                                                                                                                                                                                                                                Leaders and Entrepreneurs in International Business and professor of

                                                                                        recognizes
                                                                                                                                                                                                                                marketing, received a silver medal from the Journal of International
    Alumnae Gabrielle Clay, Nesmira.................... 8                                                                                                                                                                       Business Studies. The award honors her contributions to the journal in
    Muratovic among Business Journal’s                                                                                                                                                                                          its first 50 years of circulation. (Photo by August Jennewein)
    30 under 30 honorees

IB AROUND THE WORLD
    International MBA program with................... 10
                                                                                        Professor Janet
    Nanjing University lauded as one of
    China’s leading dual MBA programs
    College of Business Administration .............. 11
                                                                                        Y. Murray for
    signs dual degree agreement
    with South Korean university
    UMSL Accelerate partners with ................... 12
                                                                                        substantial                                                                                                                                disciplines, receives more than 700 submissions each year from
                                                                                                                                                                                                                                   top researchers around the globe. Only 5 percent of papers are
                                                                                                                                                                                                                                   accepted annually. Murray has achieved the rare feat of publishing
    with Business for Israel study abroad

IB HIGHLIGHTS
                                                                                        research                                                                                                                                   multiple papers in the journal – six to date.
                                                                                                                                                                                                                                   On March 21, JIBS released its list of honorees, which included

                                                                                        contributions
    U.S. News ranks international business....... 13                                                                                                                                                                               platinum, gold and silver medalists. Silver medal recipients must
    program in top 25 for 17th straight year                                                                                                                                                                                       have at least five substantial contributions to JIBS.
    The IMBAi Global Master’s School............... 14                                                                                                                                                                             Murray and the other honorees will formally receive their medals
    opened my eyes to a new way of                                                      BY SARA BELL
    doing business                                                                                                                                                                                                                 in June at the AIB 2019 Annual Meeting in Copenhagen, Denmark.
    Dr. Gerald Gao appointed Director................ 16                                                                                                                                                                           In addition to her written work, Murray has contributed to JIBS
    of International Business Institute                                                                                                                                                                                            and AIB in a variety of ways. She served as a JIBS Editorial
                                                                                                                                                                                                                                   Review Board member for eight years, guest editor, track chair
IB MINDS                                                                                                                                                                                                                           for the AIB Annual Meeting, presenter, panelist and panel chair.
    IB Faculty Accomplishments.......................... 18
                                                                                                                                                                                                                                   She also served as president of the Women in the Academy of
    IB Scholarships................................................. 19                                                                                                                                                            International Business.
                                                                             Janet Y. Murray recently had the difficult task of parting                            award winner. She has received 10 best paper and                Murray’s research interests include global sourcing and
                                                                                                                                                                   research awards, two of which were for sole-authored
                                                                             with a small fraction of her literary collection. From the                            papers, and was ranked 26th among 2,495 international
                                                                                                                                                                                                                                   international marketing strategies, learning and knowledge
                                                                                                                                                                                                                                   transfer, and competitive strategy in transitional economies.
                                                                             floor-to-ceiling shelves located in her University of                                 business scholars worldwide in a 2008 study.
                                                                             Missouri–St. Louis office, she pulled and then shipped more                                                                                           In addition to her six papers published in JIBS, Murray’s research
                                                                                                                                                                   Most recently, she’s been recognized for her lifetime           has also appeared in the top journals in the world for marketing,
                                                                             than 300 books and journals to researchers in Ghana.                                  research contributions – this time with a silver medal          management and strategic management.
                                                                             For an avid reader who begins and ends her day with reading materials in              from the Journal of International Business Studies (JIBS).
                                                                                                                                                                   The award acknowledges work published in the top-               She currently serves as an editorial review board member of six
                                                                             hand, Murray understandably had a tough time releasing a portion of the                                                                               journals and has reviewed hundreds of papers over the years.
                                                                             collection, even as a donation. But for one of the world’s top international          ranked international business journal during its first 50
                                                                                                                                                                   years of circulation.                                           Her research has benefited from the time-consuming process of
                                                                             business researchers, her printed pieces took on additional meanings as                                                                               evaluating the strengths and weaknesses of papers and providing
                                                                             sources of inspiration and keys to her success.                                       “The award came as a pleasant surprise, as it is a great        developmental guidance to help authors improve their studies.
                                                                             “Successfully engaging with this fundamental reading and learning                     honor to receive such a prestigious recognition,” Murray
                                                                                                                                                                                                                                   “Even though I have been out of school for many years, I’m still
                                                                             component, complemented by a high level of motivation, intellectual curiosity,        said. “I am humbled by being recognized among the best
                                                                                                                                                                                                                                   learning,” she said. “Being able to review really good work and
                                                                             critical thinking and the ability to work independently is a crucial link to          international business researchers in the world, some of
                                                                                                                                                                                                                                   having to find problems in the work has given me a different
                                                                             conducting high-quality research,” she said.                                          whom I have looked up to and read their papers when I
                                                                                                                                                                                                                                   perspective of what research is about. As a reviewer, it is very
                                                                                                                                                                   was a doctoral student.”
                                                                             Thanks, in part, to time invested in reading and reviewing scholarly works, the                                                                       difficult to criticize top researchers’ work. Learning how to be
                                                                             E. Desmond Lee Professor for Developing Women Leaders and Entrepreneurs               JIBS, which is published by the Academy of International        critical of the research conducted by others has helped me to be
                                                                             in International Business and professor of marketing has been a frequent              Business (AIB) and welcomes research from all business          critical of my own work.”

                                                                                                                                                               4                                                                                                                            International Business Institute   5
Transcending Boundaries - in INTERNATIONAL BUSINESS - International Business Institute at the University of Missouri-St. Louis - International ...
Alexis Bates, a senior majoring in liberal studies, has
                                                                                             traveled across the globe on four study abroad trips.
                                                                                             She’s planning a fifth trip as an alumna. (Photo by
                                                                                             August Jennewein)

                                                                                                                                                                                                                                                                                                                                                                             IB ON CAMPUS
                                                                                                                                                                                                      Bates was the only student to take part in every        Naturally, she couldn’t turn it down and started       Lessons learned
                                                                                                                                                                                                      optional activity offered on the trip. To Trapani, it   packing her bags for a third time.
                                                                                                                                                                                                                                                                                                                     The most valuable lesson study abroad
                                                                                                                                                                                                      was heartening to see a student so determined to        “Alexis is a wonderfully engaging student with         teaches students is that there are some things

                                                                                                            Alexis Bates
                                                                                                                                                                                                      experience everything.                                  a passion for international topics,” Costello said.    you can’t learn in a classroom.
                                                                                                                                                                                                      “One of my favorite moments with her was one            “She found our business visits interesting as she
                                                                                                                                                                                                                                                                                                                     UMSL Global offers about 20 faculty-led
                                                                                                                                                                                                      little optional trip where we walk to Germany,”         explored different industries from Shell’s global

                                                                                                            explores globe
                                                                                                                                                                                                                                                                                                                     short-term programs, as well as semester-
                                                                                                                                                                                                      Trapani said. “I have a picture of her in her UMSL      research to Bayer’s protected agriculture to
                                                                                                                                                                                                                                                                                                                     long programs, on six continents and provides
                                                                                                                                                                                                      T-shirt with one foot in France and one foot in         Boeing’s development of alternative fuels.”
                                                                                                                                                                                                                                                                                                                     a number of scholarships to make studying
                                                                                                                                                                                                      Germany. To me, it was just a powerful moment.”

                                                                                                            while pursuing
                                                                                                                                                                                                                                                              In fact, that passion has helped her earn an           abroad financially accessible.
                                                                                                                                                                                                      Belgium, the Netherlands                                international business certificate.
                                                                                                                                                                                                                                                                                                                 Trapani believes taking students out of their
                                                                                                                                                                                                      and beyond                                              Asian adventure                                    element is one of the most impactful aspects

                                                                                                            UMSL degree                                                                               After the ordeal getting to France, Bates was
                                                                                                                                                                                                      confident she could study abroad again. She just
                                                                                                                                                                                                                                                              Bates took part in her fourth study abroad program of studying abroad. It was true of Bates. Being
                                                                                                                                                                                                                                                              this summer, traveling to China. The business      forced to learn and navigate the norms of the
                                                                                                                                                                                                      didn’t think it would happen so soon.                   program takes students to Beijing, Hangzhou,       other countries taught her valuable lessons in
                                                                                                            BY BURK KROHE
                                                                                                                                                                                                                                                              Nanjing, Suzhou and Shanghai.                      mutual respect and empathy.
                                                                                                                                                                                                      On a whim, Bates – at this point a sophomore
                                                                                                                                                                                                      – applied to a business study abroad program            While the European destinations – and even             “I definitely learned to be humble about
                                                                                                                                                                                                                                                                                       Dubai – felt somewhat         being in others’ presence and learning how
                                                                                                                                                                                                                                                                                       familiar, China was           to respect their culture, even though mine is
                                                                                                                                                                                                                                                                                       the greatest source           different,” she said, admitting it wasn’t easy at

Before the summer of 2017, Alexis Bates had never boarded a plane                                                                                                                                                                                                                      of culture shock.
                                                                                                                                                                                                                                                                                       Everything from the
                                                                                                                                                                                                                                                                                                                     first. “It was hard for me because I hadn’t been
                                                                                                                                                                                                                                                                                                                     many places outside of my own hometown.”
Now, she can’t stop booking tickets to crisscross the globe.                                                                                                                                                                                                                           cuisine to maneuvering
                                                                                                                                                                                                                                                                                       pedestrian spaces
                                                                                                                                                                                                                                                                                                                     Traveling made Bates grateful for the
                                                                                                                                                                                                                                                                                                                     freedoms and opportunities afforded to her
In just two years, Bates, a senior majoring in liberal    she doesn’t recall all of the details leading up to         It offered momentary relief before a turbulent first                                                                                                             to paying for goods           back home, as well. She hopes to take these
studies, has become a seasoned international              the trip, there is one thing she sensed clearly at          day in Paris.                                                                                                                                                    and services was              lessons into her future career as a school
traveler thanks to her participation in four University   the time.                                                                                                                                                                                                                    slightly more difficult.      counselor – a profession she was drawn to by
of Missouri–St. Louis study abroad programs.                                                                          Bonjour, France!                                                                                                                                                 It compelled Bates to         her desire to help others.
                                                          “I think she wanted to go abroad and see
                                                                                                                      Bates landed in the French capital the day before                                                                                                                make a greater effort
Between the summers of 2017 and 2019, she                 something outside of her view in St. Louis,”                                                                               Alexis Bates stands on the Pont de l’Europe bridge.                                                                             Currently, Bates is helping friends and family
                                                                                                                      the program officially started. Luckily, another               The international border between France and                                                       to get outside of her
has journeyed to Belgium, China, France, the              Trapani said.                                                                                                                                                                                                                                              interested in seeing the world, something they
                                                                                                                      student on the trip also arrived a day early, and they         Germany runs down the middle of the Rhine River.                                                  comfort zone, especially
Netherlands and the United Arab Emirates. You             Bates applied – albeit a little reluctantly – and to        were able navigate the City of Light together.                 (Photo courtesy of Sandra Trapani)                                                                                              weren’t much interested in before her trips.
                                                                                                                                                                                                                                                                                       when it came to food.
would never know it looking at her passport full          her surprise, she was accepted.                                                                                                                                                                                                                            “I’ve inspired my family to get passports,”
of stamps, but there was a time when studying                                                                         Getting around was fairly easy, as many                                                                                                                            “In China, I tried
                                                          “Even when I got accepted, I was like ‘No, I’m                                                                                                                                                                                                             Bates said. “Even my little sister has been to
abroad – traveling in general – seemed out of reach                                                                   Parisians have at least a limited grasp of English.                                         Alexis Bates looks to the                                              everything,” Bates said.
                                                          not going to go,’ because no one in my family                                                                                                                                                                                                              two countries already. She went to Costa Rica
to Bates.                                                                                                             However, Bates was eager to immerse herself in                                             Abu Dhabi skyline. (Photo                                               “I was trying frog and
                                                          had a passport,” Bates said. “I couldn’t get help                                                                                                      courtesy of Alexis Bates)                                                                           last year and Ghana this year.”
                                                                                                                      the new country.                                                                                                                                                   squid and things I knew
To study abroad or not to                                 from someone like that. It was me doing things                                                                                                                                                                                 I wouldn’t have tried       She is proud of the impact she’s had on her
                                                                                                                      “I did kind of force myself to speak French, and
study abroad                                              on my own.”
                                                                                                                      it just started everything off at a great point,”
                                                                                                                                                                                                                                                                                         back at home.”              sister, who is in high school. Her sister was
                                                                                                                                                                                                                                                                                                                     able to travel to Costa Rica on a class trip and
Many schools featured study abroad programs               Preflight checklist                                         Bates said.                                                                     in Belgium and the Netherlands after taking an          Of all the places she’s been, Strasbourg still holds
                                                                                                                                                                                                                                                                                                                     to Ghana via a scholarship. Having a little
prominently when Bates was vetting colleges. Still,       To fund the trip, Bates applied for, and received, the                                                                                      interest in the international institutions she saw      a special place. Bates remains in contact with the
                                                                                                                      That is, until the two students found themselves                                                                                                                                               guidance from her big sister didn’t hurt, either.
they didn’t seem particularly accessible.                 Bob Baumann Prize for International Studies. The                                                                                            in France. Once again, she was accepted. Once           international students she met at the language
                                                                                                                      in a French ambulance. Bates’ companion had a
                                                          scholarship provided $2,000 for her travels. That                                                                                           again, she was shocked.                                 school, and she still thinks of the picturesque        “We really didn’t have much as kids,” she
“I thought it was something only a few people                                                                         minor medical incident, requiring examination at a
                                                          turned out to be the easy part.                                                                                                                                                                     scenery regularly.                                     said. “Having this opportunity itself, being a
would do,” she said. “I didn’t think it was a big                                                                     local hospital. Facing a difficult situation, Bates took                        The short-term trip was scheduled for winter break
                                                                                                                                                                                                                                                                                                                     young teen from north St. Louis going out of
thing. I just didn’t think I would have the opportunity   The process of applying for a passport was fraught,         control and communicated with the first responders.                             2018, only about six months removed from her last “It was very beautiful,” she said. “It just reminded
                                                                                                                                                                                                                                                                                                                     the country, it’s pretty much unheard of.”
to do it.”                                                requiring a mountain of paperwork and numerous                                                                                              international trip. It would cement her wanderlust. me of what I want to wake up to every day –
                                                                                                                      “They didn’t really speak English, and she couldn’t
                                                          phone calls. Bates threw herself into the process,                                                                                                                                              water and flowers.”                                        Bates encourages anyone on the fence about
Bates thought, maybe, she would do one study                                                                          really speak,” she said. “It was at that point                                  “I think that’s when I realized I had a passion
                                                          and Trapani helped her as much as possible, but it                                                                                                                                                                                                         traveling or studying abroad to make the leap.
abroad program by the time she was set to                                                                             where I knew I had to step up. I felt very powerful                             for travel,” she said. “I was going to take every   There’s still plenty of world to see, though. Bates
graduate from UMSL. Little did she know an                almost wasn’t enough.                                       at that moment.”                                                                opportunity I could – whether it would be on my     said her goal is to visit a new country every two          “I’ve learned that opening up and just saying,
opportunity would present itself much sooner.             Officials called shortly before the trip; there was a                                                                                       own or in school.”                                  years. Right now, Greece and Australia are her two         ‘Yes,’ sometimes isn’t the worst thing in the
                                                                                                                      It was certainly a memorable introduction to France,                                                                                                                                           world,” Bates said. “I always say, ‘Don’t limit
                                                          problem with the passport photo.                                                                                                                                                                bucket-list countries, but they’ll have to wait until
Toward the end of Bates’ freshman year, Sandra                                                                        but it’s not what Bates – or Trapani for that matter –                          Michael Costello, associate teaching professor in
                                                                                                                                                                                                                                                          she gets back from her latest destination.                 yourself, but know your limit.’”
Trapani, her French professor, told her about a           “It was so frustrating,” Bates said, recalling the          remember most.                                                                  the College of Business Administration, directed
summer study abroad program in Strasbourg,                situation. “I wanted to cry every single day.”                                                                                              that trip, and he informed Bates of another he was At the behest of a friend, she plans to study               For now, it seems there are no limits for Bates.
                                                                                                                      For Bates, it was taking French classes and
France. Trapani directs the three-week program,                                                                                                                                                       directing. It was a business study abroad program abroad in Japan next summer as an alumna – not               “I think I can handle anything in the world.”
                                                          With her dream of traveling abroad in jeopardy,             the chance to interact with other international
which involves language classes and excursions to                                                                                                                                                     in Dubai and Abu Dhabi during winter break 2019. that her friend had to twist her arm.
                                                          Bates persevered and worked to remedy the                   students at Institut Stralang, a language school,
learn about the history and culture of the city.
                                                          situation. Her passport appeared the day before             in Strasbourg. Trapani recalled her eagerness to
She encouraged Bates to apply for it. Although            the flight to France.                                       explore the area during excursions.
                                                                                                                                                                                 6                                                                                                                                                   International Business Institute    7
Transcending Boundaries - in INTERNATIONAL BUSINESS - International Business Institute at the University of Missouri-St. Louis - International ...
IB ON CAMPUS
Alumnae Gabrielle Clay,                                                                                                                                                                                          UMSL graduates Gabrielle
                                                                                                                                                                                                                 Clay (at left) and Nesmira

Nesmira Muratovic                                                                                                                                                                                                Muratovic were among this
                                                                                                                                                                                                                 year’s St. Louis Business
                                                                                                                                                                                                                 Journal 30 under 30 honorees.

among Business Journal’s                                                                                                                                                                                         Clay is a senior project
                                                                                                                                                                                                                 accountant at HOK. Muratovic
                                                                                                                                                                                                                 is a retail risk & supervision

30 under 30 honorees                                                                                                                                                                                             oversight manager at TD
                                                                                                                                                                                                                 Ameritrade. (Photo by August
                                                                                                                                                                                                                 Jennewein)
BY STEVE WALENTIK

Nesmira Muratovic has enjoyed the attention that’s come her
way the past month since the St. Louis Business Journal first
unveiled its 2019 list of 30 under 30 honorees.
Muratovic, a 2013 graduate of the University of Missouri–St. Louis College of
Business Administration, was still getting over the surprise of finding out she was
                                                                                                                                            “I just thought it was always a great school,” Clay said.
being nominated when the list was announced with her on it, along with 2012                                                                 “My sister-in-law graduated from UMSL as well, and
UMSL graduate Gabrielle Clay on June 6.                                                                                                      she’s a pediatrician now. She gave me a really good
“It’s been really cool,” said Muratovic, now a retail risk & supervision oversight
manager at TD Ameritrade. “At first it was a little strange because it made me
                                                                                                                                             recommendation before I started the school. ”
realize that I guess I’m old enough to work in this industry, in finance.”
                                                                                            and worked her way up in the compliance         job, I knew that I loved accounting and that      helped set her up for success.
As meaningful as the honor and all that comes with it – a photo shoot, Q&A
                                                                                            department. When TD Ameritrade purchased        was the route I wanted to take. That was          “I just thought it was always a great school,”
in the Business Journal and award reception on July 11, 2019 at the Stiefel
                                                                                            Scottrade, Muratovic, after initially looking   how it got started.”                              Clay said. “My sister-in-law graduated from
Theatre in downtown St. Louis – has been for Muratovic, it might be even more
                                                                                            elsewhere, decided to transition along with     She spent a year and a half at a public           UMSL as well, and she’s a pediatrician now.
meaningful for her parents.
                                                                                            many of her familiar colleagues.                accounting firm, Davis Associates in              She gave me a really good recommendation
They fled Bosnia more than two decades ago with
                                                                                            “It’s different because Scottrade was a         Florissant, Missouri. Then she moved              before I started the school. She loved it while
Muratovic and her two siblings amid ethnic violence and
                                                                                            private company,” Muratovic said. “It was       to Cushman & Wakefield, working as a              she was there and so did I.
restarted their lives almost from scratch in St. Louis.
                                                              “My family moved              a lot smaller, and TD Ameritrade is publicly    corporate accountant in the commercial real       “I still think it was a great choice. I had
“My family moved here with absolutely nothing,”                                             traded and three to four times the size in      estate company’s St. Louis office.
Muratovic said. “They left everything they knew and            here with absolutely         clients and in assets. The decisions are
                                                                                                                                                                                              really good teachers that wanted to see you
                                                                                                                                            After another year and a half, she                succeed, and I used a lot of their office hours.”
literally came here with a backpack and no money.              nothing,” Muratovic          different, but TD Ameritrade kept a lot of      transitioned again to HOK, the worldwide
It shows them that it was worth it – that the last                                          Scottrade people in two offices here, so the                                                      Her nomination for 30 under 30 was
20-whatever years, the struggles that they went through,       said. “They left             culture is still there.”
                                                                                                                                            design, architecture, engineering and urban       unexpected, and she’s been a little
                                                                                                                                            planning firm, and now works as a senior
the multiple jobs they worked, all the stuff that they did     everything they              Clay, who grew up in Creve Coeur,               project accountant.
                                                                                                                                                                                              overwhelmed by all the emails, cards,
to survive paid off. They were both very emotional and                                                                                                                                        flowers and even gift cards she’s received
very happy.”                                                   knew and literally           Missouri, has experienced her own career        “I think the best part of my job is that,         over the past month, including the reception
                                                                                            shifts since she finished her degree in
Because her family had spent so much time in survival          came here with a             mathematics at UMSL.
                                                                                                                                            especially in St. Louis, I get to see projects    on July 11.
                                                                                                                                            from start to finish, and I get to drive by
mode, Muratovic hadn’t always gotten to fully enjoy            backpack and no              Her original plan had been to get into          them as they are being built,” Clay said. “It’s
                                                                                                                                                                                              “I wasn’t expecting all of the attention,”
                                                                                                                                                                                              Clay said, “but I’m grateful.”
all her previous accomplishments – graduating from
Bayless High School, attending college or landing her          money. It shows              actuarial science – something the university    wonderful to think, ‘Oh, I’ve been working on
                                                                                            at the time did not yet have a degree           that project for the last year or two years or
first finance job at Scottrade.                                them that it was             program in – but Clay felt a pull instead       three years.’ Just being a part of something
Muratovic got in the door there before she even finished       worth it... all the          toward accounting after taking courses as       in your hometown, that’s one of the best
her BSBA with an internship while a student in the                                          an undergraduate.                               things I like about my job.”
Pierre Laclede Honors College.                                 stuff that they did to       “I always loved numbers,” Clay said. “After     Like Muratovic, Clay is grateful for the
She began working at Scottrade after earning her degree        survive paid off.”           a few months of starting my first accounting    education she received at UMSL, which

                                                                                        8                                                                                                                               International Business Institute   9
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International                                The University of Missouri–St. Louis’           This combination of domestic and

                                                                                                                                                                                                                                                                                             IB AROUND THE WORLD
                                             International MBA program provides              international coursework and the internship

MBA program
                                             immersive training in international business    prepare both UMSL and NJU students for
                                             to students from around the globe with          careers in many fields.
                                             partner institutions in six countries.
with Nanjing                                 MBA China and Manager Magazine recently
                                                                                             Students improve their international
                                                                                             mindset and technical and managerial skills.
                                                                                                                                                 College of Business Administration
University                                   recognized the partnership between
                                             UMSL’s College of Business Administration
                                                                                             The knowledge they gain while pursuing
                                                                                             their degree leaves them well suited to
                                                                                                                                                 signs dual degree agreement with
lauded as one
                                             and Nanjing University among the top 10         compete and succeed in an increasingly
                                             Best Chinese-Foreign Cooperative MBA
                                             Programs. The UMSL-Nanjing program
                                                                                             complex global market.
                                                                                                                                                 South Korean university
of China’s                                   ranked fifth on the list.
                                                                                             UMSL has also partnered with universities
                                                                                             in Taiwan and South Korea to offer the
                                                                                                                                                 BY SARA BELL

leading dual                                 “To be ranked as one of the top five dual
                                             degree programs is a significant honor,” said
                                                                                             International MBA, giving students
                                                                                             options to study how business operates

MBA programs
                                             Joseph Rottman, the associate dean for          around the world.
                                             graduate and international programs. “The       More than 150 American and Chinese
                                             China MBA market is incredibly competitive      students have been transformed by the
BY STEVE WALENTIK                            and this ranking shows the high quality of      innovative program between UMSL and
                                             our IMBA program and how impactful our          Nanjing over the past 15 years.
                                             partnership with Nanjing University has
                                             been for both institutions.”                    MBA China is the largest MBA web                    Administrators from
                                                                                             portal in China. It offers comprehensive            UMSL and Chonnam
                                             The recognition bolsters the College of         information on how to prepare for MBA
                                                                                                                                                 National University
                                                                                                                                                 celebrate the signing of
                                             Business Administration’s already strong        national exam and develop interview skills,         a dual degree agreement
                                             reputation in international business. U.S.      and it provides business school rankings and        March 26 in Gwangju,
                                             News & World Report has ranked UMSL’s           career guidance.
                                                                                                                                                 South Korea. Associate
                                                                                                                                                 Dean of Graduate and
                                             undergraduate international business                                                                International Programs
                                             program among the top 25 in the United          Manager Magazine is an upscale business             Joe Rottman (second
                                             States for 17 consecutive years.                journal, which provides business solutions          from left) and Associate
                                                                                             and strategies to Chinese CEOs.                     Dean Emeritus and
                                             Students in the International MBA program                                                           Professor of Finance
                                             spend one year abroad, one year at home                                                             Tom Eyssell (at right)
UMSL faculty and staff with International                                                                                                        traveled to South Korea
MBA students from Nanjing University         and complete an international internship en                                                         to sign the agreement
and National Kaohsiung First University of   route to earning their degrees.                                                                     and meet with Associate    The University of Missouri–St. Louis has           CNU is also accredited by the Association to
Science and Technology.                                                                                                                          Dean of Chonnam
                                                                                                                                                 National University
                                                                                                                                                                            established a partnership in Gwangju, South        Advance Collegiate Schools of Business and
                                                                                                                                                 Graduate School of         Korea, thanks to a new dual degree agreement       delivers its international MBA courses in English.
                                                                                                                                                 Business Eun Hee           with Chonnam National University.                  Rottman notes that CNU business faculty
                                                                                                                                                 Kim (at left) and Dean
                                                                                                                                                 Hyun-Chae Park. (Photo     After a 2019 memorandum of understanding           members have impressive research records and
                                                                                                                                                 courtesy of Chonnam        signed March 26, MBA students from UMSL and        that there is a movement among South Korean
                                                                                                                                                 National University)
                                                                                                                                                                            CNU can spend one academic year at the sister      universities to internationalize curriculum.
                                                                                                                                                                            institution while becoming degree holders from     CNU students will receive a similar experience
                                                                                                                                                                            both universities.                                 at UMSL by learning from renowned professors
                                                                                                                                                                            Administrators anticipate that the student         and gaining a global perspective.
                                                                                                                                                                            exchange can begin as early as fall 2020.          “When our South Korean students have a
                                                                                                                                                                            “This is a way to internationalize our             job interview, they will have a certification
                                                                                                                                                                            curriculum because the South Korean students       that is significantly more advanced than their
                                                                                                                                                                            will bring different perspectives, different       counterparts,” Rottman said. “The graduates
                                                                                                                                                                            business models, a different culture,” said        who want to work for global companies are
                                                                                                                                                                            Joe Rottman, associate dean of graduate and        going to have a Western business perspective
                                                                                                                                                                            international programs. “They will enrich our      and have exposure to a Western management
                                                                                                                                                                            MBA classrooms, and the agreement presents         style. They will be far more marketable.”
                                                                                                                                                                            an opportunity for UMSL students to earn an        The College of Business Administration is
                                                                                                                                                                            international MBA.”                                working to develop additional dual degree
                                                                                                                                                                            UMSL will charge in-state tuition to CNU           partnerships across Europe.
                                                                                                                                                                            students, and CNU will offer domestic tuition to
                                                                                                                                                                            UMSL students.

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IB HIGHLIGHTS
                                                                                                                                                                                         U.S. News ranks                                                 chains, labor shortages and security risks. Our curriculum

                                                                                                                                                                                         international                                                   addresses those concerns.”
                                                                                                                                                                                                                                                         He said UMSL’s international business advisory board is
                                                                                                                                                                                         business program                                                currently in the middle of a top-to-bottom review of all
                                                                                                                                                                                                                                                         areas – including accounting, marketing, finance, supply

                                                                                                                                                                                         in top 25 for                                                   chain and analytics, management and information systems
                                                                                                                                                                                                                                                         – to ensure that there is a global thread running through the

                                                                                                                                                                                         17th straight year                                              curriculum.
                                                                                                                                                                                                                                                         Over the past 17 years, UMSL has awarded more than 1,000
                                                                                                                                                                                         BY STEVE WALENTIK                                               international business degrees and has sponsored more
                                                                                                                                                                                                                                                         than 500 study abroad trips. UMSL faculty also have ranked
                                                                                                                                                                                                                                                         eighth in North America in research contributions to the
                                                                                                                                                                                         The University of Missouri–St. Louis has built one of the
                                                                                                                                                                                                                                                         Journal of International Business Studies since 2010.
                                                                                                                                                                                         premier international business programs in the country.
                                                                                                                                                                                         That fact was affirmed again September 9, 2019 with             UMSL top school in St. Louis region for
                                                                                                                                                                                         the release of the annual U.S. News & World Report              social mobility
                                                                                                                                                                                         “Best Colleges” rankings, which placed UMSL No. 21
                                                                                                                                                                                         for undergraduate international business, marking 17            UMSL also received high marks in U.S. News’ first-ever list
                                                                                                                                                                                         consecutive years in the top 25.                                of Top Performers on Social Mobility with the top ranking
UMSL Accelerate partners with                                                                                                                                                            “I think to get this kind of sustained national recognition,    in the St. Louis region. It was one of only two schools in
                                                                                                                                                                                                                                                         Missouri to rank in the top 100.
Business for Israel study abroad
                                                                                                                                                                                         you first have to have a really good program, and I think our
                                                                                                               BY MEGHAN DAIRAGHI                                                        study abroad, our international partnerships, our curriculum    The new ranking highlights how well universities have
                                                                                                                                                                                         and our faculty are all world class,” said Joe Rottman, the     graduated students who receive federal Pell Grants and fits
Dan Lauer, founding executive                        with the necessarily skills to succeed in their     One of UMSL Accelerate’s goals is to be                                         associate dean for graduate and international programs in       well with UMSL’s mission to transform lives. Students who
                                                     ventures, even if they never start a business.      the number one choice for entrepreneurship                                      the College of Business Administration.                         receive Pell Grants typically come from households whose
director of UMSL Accelerate,                                                                             study in the country. That can only happen                                                                                                      family incomes are less than $50,000 annually, though
                                                     “It’s about arming students to move them                                                                                            He noted that UMSL also maintains high visibility as
emphasizes the importance of                                                                             if they experience global markets and utilize                                   the secretariat for the Consortium for Undergraduate            most Pell Grant money goes to students with a total family
                                                     further faster,” Lauer says. “Students may not
getting out of the classroom and into                                                                    new strategies. Israel, considered the startup                                  International Business Education, an entity connecting          income below $20,000.
                                                     even start a business, but they will learn skills
the world, so it makes sense that a                  around pitching and design thinking. It’s about     nation, is a great place to do so.                                              about 40 schools with international business programs.          The rankings were computed after factoring the Pell Grant
                                                     learning how practical ideas work. College is       “We want to show students a dozen                                                                                                               graduation rate and Pell Grant graduation rate performance,
study abroad trip was in order.                                                                                                                                                          The College of Business Administration has made
                                                                                                                                                                                                                                                         which compares graduation rates among Pell- and non-Pell
                                                     the best place to tease out new ideas.”             different companies and management styles                                       international business a focus since launching an
In June 2020, UMSL Accelerate will partner                                                               and structures, so students can infiltrate                                                                                                      students for each university.
                                                     Through Accelerate, students have the                                                                                               undergraduate international business program in 1999 and
with Michael Costello, associate teaching                                                                other companies successfully and see the
                                                     opportunity to intern in the St. Louis Cortex                                                                                       the International Business Institute a year later. Gerald Gao   Overall, UMSL remained in the top tier of the U.S. News
professor of business and international                                                                  opportunities available for them,” Costello says.
                                                     district. This district is a concentrated area                                                                                      recently took over as the institute’s director.                 rankings and was tied for 140th among all public universities.
business, in sponsoring a study abroad trip
to Israel. What started as an international          off of Kingshighway and I-40 where students         Another goal is for students to gain fresh                                      “It would be hard to imagine any area of business that isn’t    The university also ranked No. 75 on the list of best
business trip will now also focus on                 can rent office spaces, network with like-          perspective of international business ventures.                                 global,” Rottman said. “Our students need to understand         undergraduate engineering programs among schools where
entrepreneurial aspects. However, all students,      minded entrepreneurs, and gain real-world           By seeing others who share similar goals,                                       the global forces that are affecting international supply       a doctorate is not offered.
not just business students, are invited to attend.   experience. Students intern for Ameren-             students can see they are not alone. They, too,
The trip will take place June 5 –19, 2020.           sponsored startups there and earn a stipend         possess the capabilities to be successful.
                                                     alongside practical application.                    “Most students are talented, but they lack the
Since its foundation in 2016, UMSL Accelerate
has produced innovative leaders with an              However, exploring the entrepreneurial              self-confidence, so they undersell themselves,”
entrepreneurial mindset ready to take on             market outside St. Louis is essential for           Costello says. “The most important thing about
the world of business. Accelerate focuses            business students.                                  this trip is to give them confidence and help
on teaching students how to effectively turn         “Even if you don’t want to go into international    them get inspired.”
their startups and other business goals into         business, you can’t help but consider it,”          Lauer agrees.                                               Steve Moehrle, professor
                                                                                                                                                                  and chair of the Department
real, attainable results. After fulfilling the       Costello says. “You’re going to be involved in      “We want UMSL students to know that they                 of Accounting, received the
coursework and internship requirements,              the global economy. It’s important for students                                                                2019 AICPA Distinguished
                                                                                                         are just as smart as any other student. We all
students earn an Interdisciplinary                   to understand how to make an effort in                                                                       Achievement in Accounting
                                                                                                         have it in us. We just have to believe it.”              Education Award. (Photo by
Entrepreneurial Certificate. As of 2019,             showing they care about other cultures.”                                                                             August Jennewein)
students can also choose to earn a BSBA with         The aim of the trip is to excite students about
emphasis in entrepreneurship.                        the possibilities of their future businesses
Lauer is passionate about providing students         while experiencing international practices.

                                                                                                                                                             12                                                                                                                                International Business Institute   13
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IB HIGHLIGHTS
The IMBAi Global
Master’s School opened                                                      proved to be difficult but also rewarding, as we worked closely in
                                                                            international teams and learned a lot from our peers. It was truly a
                                                                                                                                                        products. During this program, we had many speakers come to
                                                                                                                                                        our class and give presentations on their companies and how

my eyes to a new way of                                                     once-in-a-lifetime experience to have hands-on involvement with
                                                                            a corporation in St. Louis and to have a classroom comprised of
                                                                                                                                                        they face the market. In Germany, our unique cultural experiences
                                                                                                                                                        included going for a long hike in the Spessart Forest. We saw

doing business                                                              nine different nationalities. Observing how companies operate in a
                                                                            collaborative space to ensure the product and mission are fulfilled
                                                                                                                                                        the Rapunzel Castle and had a team building activity. During
                                                                                                                                                        our hike, we were invited to a dinner with the vice president
                                                                            gave me a practical knowledge that went beyond the classroom.               of the university. The restaurant offered traditional Christmas
                                                                                                                                                        time dishes and drinks. Another part of the trip included a short
I have been lucky enough to experience the IMBAi                            The second program I attended was in Seinäjoki, Finland. In
                                                                                                                                                        day trip to Frankfurt where we met with the European Central
                                                                            Finland, we worked with a company called Prima Power. Prima
program on both sides of the Atlantic. In my first                          Power works in the business-to-business market. For me, this                Bank and discussed the difference between that and the Federal
                                                                                                                                                        Reserve in the United States.
semester in the graduate business program, another                          was an entirely new market. Our schedule focused more on
                                                                            the social activities and experiencing Finnish culture. We had              The tri-lateral program opened my eyes to many cultures and
student mentioned the tri-lateral program with German                       a nature-based trip, where we rode in a bus out of the city and             unique experiences that you cannot get sitting in a classroom
and Finnish students. The program takes place in                            were dropped off at a national park. We also had a traditional              for a semester. It posed many challenges that were rewarding
St. Louis, Seinäjoki, Finland and Aschaffenburg,                            Finnish evening at an old house in the city where we had a chef             and helped the students learn what it will be like to work in the
                                                                            come and make us a traditional Finnish meal.                                business world in Europe and the United States. These courses
Germany. From the beginning, I was motivated to be                                                                                                      have offered me real-world knowledge of networking with
                                                                            The final program to complete the tri-lateral program was in
in the program at all three locations.                                      Aschaffenburg, Germany. In Aschaffenburg, our program was                   companies around the globe and the expertise of professors from
                                                                            different than in the previous two locations. Instead of working            great institutions.
The first program I attended was in St. Louis. The company we worked with
was the St. Louis Economic Development Partnership, which is an umbrella    with a company, we had a business simulation challenge with
company for many different organizations. The week was packed with          our class divided in five teams. During the simulation we dealt
meetings and getting to know the company we were working with. We           with real business obstacles and had to decide how to bring
also had some social activities for team building throughout the week. It   our products to the market and compete with our classmates’

                                                                                                                                                                                    ST. LOUIS // SEINÄJOKI, FINLAND // ASCHAFFENBURG, GERMANY

                             BY TIFFANY SEIPEL
                             MBA student

                                                                                                                                                   14                                                                          International Business Institute   15
Transcending Boundaries - in INTERNATIONAL BUSINESS - International Business Institute at the University of Missouri-St. Louis - International ...
“In the future, I hope we
will secure more resources
          with the help of the
    university, UMSL Global
                                                                                                                                                                   IMBAi Program
    and the board members                                                                                                                                          INTERNATIONAL MASTERS OF BUSINESS
   to facilitate those kind of                                                                                                                                     ADMINISTRATION (INTENSIVE)
   trips [short-term travel],”
  Gao says. “The margin of
     impact on the student’s
          future is significant
     through study abroad.”
                                                                                                                                                                                                                                SEINÄJOKI, FINLAND
                                                                                                                                                                   Students pursuing an MBA degree at                           Seinäjoki University of Applied Sciences
                                                                                                                                                                   the University of Missouri–St. Louis                         May 17–24, 2020

                                                                                                                                                                   have the option to experience and see                        Global Master School

                                                                                                                                                                   business through a global lens.

 Dr. Gerald Gao appointed Director of                                                                                                                              • Take two-week courses in Germany, Finland, or both,
                                                                                                                                                                     and apply it toward your UMSL degree
 International Business Institute                                                                          BY MEGHAN DAIRAGHI
                                                                                                                                                                   • Intensive instruction provided by international faculty
                                                                                                                                                                   • Students participate in corporate visits, networking
                                                                                                                                                                                                                                ST. LOUIS
 Gerald Gao started as an assistant professor       However, he recognizes that UMSL’s student           of the international business experience. “In the
 at UMSL in 2006. Today he is a professor           population differs from other universities. “Sixty   future, I hope we will secure more resources with           opportunities and cultural activities                      University of Missouri–St. Louis
 of marketing in the College of Business            percent of our students are first-generation         the help of the university, UMSL Global and the
                                                                                                                                                                                                                                November 2020
 Administration. With a PhD in marketing from       college students and don’t come from wealthy         board members to facilitate those kind of trips,”         • Evenings and weekends are open for a variety of
 the University of Hong Kong and a series of top-   families.” Gao says.                                 Gao says. “The margin of impact on the student’s            cultural excursions, tours and social activities offered   Focus on Global Marketing Strategies
 tier publications in international business and    Often students need financial aid to partake in      future is significant through study abroad.”
 marketing journals, he is regarded as a highly                                                                                                                      by the host university
                                                    these trips. In order to meet student’s financial    In addition to study abroad, Gao is supportive of
 accomplished academic professional. Now he         needs as director, Gao encourages the creation of    UMSL’s IMBA program and sponsoring activities
 can add one more line to his already impressive    multiple scholarships and stipends for students.     that provide students with real-world business            The IMBAi is an excellent addition to the College of
 resume: Director of the International Business     Gao knows it is essential to create linkage          experience. The case competition, which UMSL              Business Administration IB offerings and helps to fortify
 Institute (IBI).                                   between UMSL, global business communities,           competes in annually, is a great example of the
                                                    and the IB Advisory Board in order to expand
                                                                                                                                                                   UMSL’s strong international partnerships, including
 Gao was appointed director in August 2019. He                                                           projects Gao loves. Students have just 48 hours
 is preceded by Dr. Joseph Rottman. In this role,   the program’s international business knowledge       to read, assess and create a practical solution to        those in the MBA program.
 Gao wants to make the international business       and afford students the opportunity to fully         a real international business problem provided
 program as accessible to students as possible.     experience this program.                             by various companies with locations in St. Louis.                                                                      ASCHAFFENBURG, GERMANY
 As director, Gao will be responsible for           Gao understands that students may also have          IBI’s fellowship programs enable the leveraging                CONTACT
 providing students a high-quality international    family commitments, full time jobs and other         of world-class international business research                                                                         University of Applied Science
 business program with meaningful                   obligations that can make study abroad and           generated by UMSL faculty.                                     Dr. Gerald Yong Gao                                     Aschaffenburg
 opportunities. He feels passionately about         other opportunities difficult. This is why he                                                                       International Business Institute Director               May 2021
 study abroad programs that allow students to       works to design week-long and other short-term                                                                      gaogy@umsl.edu
 see firsthand the diversity they will encounter    programs to make traveling abroad easier. He                                                                                                                                Doing Business in Europe and Beyond
 in their international business pursuits.          believes seeing the world is an important part

                                                                                                                                                              16
Transcending Boundaries - in INTERNATIONAL BUSINESS - International Business Institute at the University of Missouri-St. Louis - International ...
FACULTY

                                                                                                                                                                                                                                                                                                                                                        IB MINDS
 ACCOMPLISHMENTS                                                                                                                                                                                            SCHOLARSHIPS
 BINDU ARYA                                     HUNG-GAY FUNG                                 Usui, T, M Kotabe, and JY Murray              CHIKAKO USUI
 Association Professor of Strategic             Dr. Y.S. Tsiang professor of Chinese Stud-    (2017). “A Dynamic Process of Building        Associate Professor of Sociology                                Name of Scholarship              Requirements                                                             Value*
 Management                                     ies and Curators’ Professor of Finance        Global Supply Chain Competence by New         Significant Publications
 Significant Publications                       Significant Publications                      Ventures: The Case of Uniqlo”, Journal of     Usui, C (2018). “Gender Equality in
                                                                                                                                                                                                            Robert B. Vining Jr.             • Minimum GPA of 2.5                                                 Up to $3,500
 Sahasranamam, S, B Arya, and M                 Wang, LH, CH Lin, HG Fung, and TC Kao         International Marketing, 25(3), 1-20. (Best   the Japanese Workplace: What has                                Memorial Scholarship             • IB Major or Minor                                                   Renewable
 Sud (2020). “Ownership Structure and           (2019). “Foreign Direct Investment and        Paper Award, the Japan Academy of             Changed since 1985?” In M Najafizadeh
 Corporate Social Responsibility in an          Downside Risk: Evidence from Taiwan”,         Multinational Enterprises)                    and LL Lindsey (eds.) Women of Asia:
                                                                                                                                                                                                                                             • Must use scholarship for study abroad to meet                  Multiple scholarships
 Emerging Market”, Asia Pacific Journal         Pacific-Basin Finance Journal, 57,            Awards                                        Globalization, Development, and Gender                                                             International Experience requirement                            available each year
 of Management, forthcoming.                    101-114.                                      Journal of International Business Studies     Equity. New York: Routledge.                                                                     • Active member of the IB Club or IB Honor Society
 Arya, B, D Mirchandani, and MM Harris          Gros, JG and HG Fung (2019). “Theorizing      (JIBS) 50 Years (1970-2019) Silver Medal      Usui, C and RA Colignon (2017). “Lessons
 (2019). “Personality and Pay Satisfaction:     Sino-African Relations: a Constructivist      for Exceptional Contributions to the          in Japanese Leadership: If the Bird does
 Exploring the Influence of Organizational      Perspective”, Journal of International        Journal, 2019                                 not Sing”.
 Justice and Gender in South Africa”,
                                                                                                                                                                                                            David P. Gustafson               • Enrolled in the CoBA                                                   $500
                                                Relations and Foreign Policy, 7(1), 39-54.    EKIN PELLEGRINI
 International Journal of Human Resource                                                                                                    GAIYAN ZHANG                                                    Memorial Scholarship             • Must use scholarship for study abroad to meet                     Non-Renewable
                                                Chan, KC, A Fung, HG Fung, and J Yau          Associate Professor of Global Leadership      Finance Board Scholar and Professor
 Management, 30(2), 219-250.                    (2018). “A Conceptual Framework for           and Management                                                                                                for Overseas Studies               International Experience requirement
                                                                                                                                            of Finance
 Horak, S, B Arya, and K Ismail (2018). “Or-    Teaching International Business”, Jour-       IB Activities
 ganizational Sustainability Determinants       nal of Teaching in International Business,                                                  Significant Publications
                                                                                              Appointed Board Member, Executive             Zhang, W, Y Zhang, G Zhang, K Han, and
 in Different Cultural Settings: A conceptu-    29(1), 4-19.                                  DBA Council (EDBAC), 2019                                                                                     Messrs. Pang Yulam &             • Enrolled as an undergraduate in the CoBA and                           $1,500
 al Framework”, Business Strategy and                                                                                                       L Chen (2020). “The Dynamic Industry
 the Environment, 27(4), 528-546.               GERALD YONG GAO                               Pellegrini, EK. (2019). Doctor of Business    Return Predictability: Evidence from Chi-                       Pang Kiyan Memorial                majoring in IB
                                                Professor of Marketing                        Administration (DBA) & Chess Connec-          nese Stock Markets”, Emerging Markets                           Scholarship                      • Junior or senior
 JAMES F. CAMPBELL                              Significant Publications                      tion, Saint Louis Chess Club, 29 March        Trade and Finance, forthcoming.
 Professor of Supply Chain & Analytics          Ju, M, JY Murray, GY Gao, and M Kotabe        2019 live interview broadcast during U.S.     Hasan, I, G Ramirez, and G Zhang (2019).                                                         • Minimum GPA of 3.1
 Significant Publications                       (2019). “Concurrent Sourcing Strategy of      Chess Championships.                          “Lock-In Effects in Relationship Lending:
 Yang, L, H Li, JF Campbell (2019). “Im-        Multinational Firms in China: Drivers and     Pellegrini, EK. (2019). The UMSL DBA:         Evidence from DIP Loans”, Journal
 proving Order Fulfillment Performance          Performance Implications”, Journal of         Learning without Limits (A. Skinner,          of Money, Credit and Banking, 51(4),                            International Business           • Full-time student                                                      $2,000
 through Integrated Inventory Manage-           World Business, 54(6), 101015.                Interviewer). CEO Magazine, Vol. 30,          1021-1043.
                                                                                                                                            Zhang, Y, G Zhang, L Liu, TD Renzis, and H                      Scholarship                      • IB Major                                                             Renewable
 ment in a Multi-Item Finished Goods            Gao, GY, DT Wang, and Y Che (2018). “Im-      pp. 26-29.
 System”, Journal of Business Logistics,                                                                                                    Schmiedel (2019). “Retail Payments and                                                           • Must demonstrate need as determined by the
                                                pact of Historical Conflict on FDI Location   Pellegrini, EK. (2019). Paternalistic
 forthcoming.                                                                                                                               the Real Economy”, Journal of Financial
                                                and Performance: Japanese Investment          Leadership. In Oxford Bibliographies in
                                                                                                                                            Stability, 44, 100690.                                                                             FAFSA
 Ellegood, W, S Solomon, J North, and JF        in China”, Journal of International Busi-     Management. Ed. Ricky Griffin. New York:
 Campbell (2019). “School Bus Routing           ness Studies, 49(8), 1060-1080.               Oxford University Press.                      Awards
 Problem: Contemporary Trends and                                                                                                           Chancellor’s Award for Excellence of
                                                Zhou, KZ, GY Gao, and H Zhao (2017).          JOSEPH W. ROTTMAN                             Research and Creativity, University of                          International Business           • Minimum GPA of 3.0                                                    $2,000
 Research Directions”, Omega: The               “State Ownership and Firm Innovation in
 International Journal of Management                                                          Professor of Information Systems, Asso-       Missouri-St. Louis, 2018                                        Advisory Board Scholarship       • IB Major or International MBA student                            Non-Renewable
                                                China: An Integrated View of Institutional    ciate Dean of Graduate and International
 Science, forthcoming.                                                                                                                      Research Excellence Award, Pacif-
                                                and Efficiency Logics”, Administrative        Programs                                      ic-Basin Finance Journal, New Zealand                                                            • Must use scholarship for study abroad to meet                  Multiple scholarships
 Otto, A, N Agatz, JF Campbell, B Golden,       Science Quarterly, 62(2), 375-404.
                                                                                              IB Activities                                 Finance Meeting, 2019                                                                              International Experience requirement                            available each year
 and E Pesch (2018). “Optimization              Awards                                        “Engaged Scholarship”, Modern College
 Approaches for Civil Applications of           Douglas E. Durand Award for Research          of Business and Science, Muscat, Oman,        GEORGE A. ZSIDISIN
 Unmanned Aerial Vehicles (UAVs) or             Excellence, 2017                                                                            John W. Barriger III Professor of Supply
                                                                                              2017.
 Aerial Drones: A survey”, Networks,                                                                                                        Chain Risk and Resilience                                       International Business           • Minimum GPA of 3.2                                                    $500
 72(4), 411-458.                                STEVE MOEHRLE                                 “Project and Team-Based Service
                                                Professor of Accounting                       Learning”, Modern College of Business
                                                                                                                                            Significant Publications                                        Fellows Scholarship              • IB Major                                                          Non-Renewable
 MICHAEL J. COSTELLO                                                                                                                        Saunders, LW, WL Tate, GA Zsidisin, and
                                                                                              and Science, Muscat, Oman, 2017.
 Associate Teaching Professor of Finance
                                                Significant Publications                                                                    J Miemczyk (2019). “The Influence of                                                             • Must use scholarship for study abroad to meet
                                                Moehrle, S, M Meckfessel, J Reyn-             “Increasing Student Engagement through        Network Exchange Brokers on the Triple
 and Legal Studies                                                                            Student Activities”, Consortium for
                                                                                                                                                                                                                                               International Experience requirement
                                                olds-Moehrle, P Stuerke, and J Wen                                                          Bottom Line of Sustainable Organization-
 IB Activities                                  (2018). “Developments in Accounting           Undergraduate Business Education, St.         al Networks”, Journal of Business Ethics,

                                                                                                                                                                                         IBI FELLOWS
 Organized and led Study Abroad to Israel;      Regulation: A Synthesis and Annotated         Louis MO, 2017.                               154(3), 849-868.
 Taught Comparative Law course for pre-         Bibliography of Evidence and Commen-                                                                                                                        International Business Studies   •   Missouri resident                                                    $1,500
 law students at Oxford;
                                                                                              L. DOUGLAS SMITH                              Caniato, F, M Henke, and GA Zsidisin
                                                                                                                                                                                                            Matching Scholarship
                                                tary in the 2017 Academic Literature”,
                                                                                              Founders Professor of Supply Chain &          (2019). “Supply Chain Finance: Historical                                                        •   Demonstrate need as determined by FAFSA
 Served as the moderator at SLU School          Research in Accounting Regulation,            Analytics                                     Foundations, Current Research, Future
 of Medicine, Bander Center on the Future       30(2), 138-147.                                                                                                                                                                              •   Full-time student
                                                                                              Significant Publications                      Developments”, Journal of Purchasing
 of AI and Machine Learning in Medicine.        Awards                                        Smith, LD, M Staten, T Eyssell, M Karig, J    and Supply Management, 25(2), 99-104.                                                            •   Pursuing a bachelor’s degree in the CoBA with
                                                American Institute of Certified Public        Feinstein, and C Johnson (2018). “Credit      Gaudenzi, B, GA Zsidisin, JL Hartley,                                                                emphasis in International Business
 FRANK Q. FU                                    Accountants (AICPA) Distinguished
 Associate Professor of Marketing                                                             Usage, Payment Behavior, and the Accu-        and L Kaufmann (2018). “An Exploration
                                                Achievement in Accounting Education           racy of Consumer Credit Files”, Financial     of Factors Influencing the Choice of
 Significant Publications                       Award, 2019
 Alsaleh, DA, MT Elliott, FQ Fu, R Thakur
                                                                                              Services Review, 27(1), 1-28. (2019 HSBC      Commodity Price Risk Mitigation Strate-                         Smith Family Study Abroad        • Student in the CoBA                                                    $1,500
                                                JANET Y. MURRAY                               Award for outstanding research pub-           gies”, Journal of Purchasing and Supply
 (2019). “Cross-cultural Differences in                                                                                                                                                                     Business Scholarship             • Must use scholarship for study abroad to meet
                                                E. Desmond Lee Professor for Developing       lished in Financial Services Review)          Management, 24(3), 218-237.
 the Adoption of Social Media”, Journal
 of Research in Interactive Marketing,          Women Leaders and Entrepreneurs in            Xu, L and LD. Smith (2018). “Combining        Grants                                                                                             International Experience requirement
 forthcoming.                                   International Business                        Traditional Accounting and Value-Added        Zsidisin, GA (P.I.), B Gaudenzi, and R                                                           • Demonstrate need as determined by FAFSA
                                                Significant Publications                      Activity Measures to Maximize Supply          Pellegrino (2018). “Investigating Supply
 Fu, FQ, JJ Phillips, and PP Phillips (2018).
                                                Ju, M, JY Murray, GY Gao, and M Kotabe        Chain Performance”, Journal of Account-       Chain Approaches and Strategies for
 “ROI Marketing: Measuring, Demonstrat-
                                                (2019). “Concurrent Sourcing Strategy of      ing and Finance, 18(3), 80-93.                Mitigating Foreign Exchange (FX) Risk”,
 ing, and Improving Value”, Performance
                                                Multinational Firms in China: Drivers and     Rust, DL, LD Smith, DL Ryan, and              Council of Supply Chain Management
 Improvement, 57 (2), 6-13.
                                                Performance Implications”, Journal of         J Zhang (2018). “The Other Side of            Professionals.
 Fu, FQ, MT Elliott, H Mano and, C Gallo-
                                                World Business, 54(6), 101015.                Revenue Management: Managing Airport
 way (2017). “The Role of Affective Brand                                                                                                                                                                                                          To view a full list of scholarships and awards available through the College of Business
                                                Kotabe, M, C Jiang, and JY Murray             Infrastructure and Airside Operations”,
 Commitment on Sales Effort”, Journal of                                                                                                                                                                                                     Administration, please visit umsl.edu/services/finaid/scholarships. Students must apply online
                                                (2017). “Examining Complementary Effect       International Journal of Revenue Man-
 Marketing Theory and Practice, 25 (3),
                                                of Political Networking Capability with       agement, 10(3-4), 189-215.                                                                                                                                         and have the application submitted to Dr. Gerald Gao at gaogy@umsl.edu.
 257-273.
                                                Absorptive Capacity on the Innovative
                                                Performance of Emerging-Market Firms”,                                                                                                                                                                                                                       *Actual awards vary by semester.
                                                Journal of Management, 43(4), 1131-1156.
                                                (Third prize, Best Paper Award Innova-
                                                tion Management, EBS, Germany)
                                                                                                                                                                                                       18                                                                                                       International Business Institute   19
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