College of Business & Economics


CBE publishes 2015 edition of Baltimore Business Review
Jan. 26, 2015

The 2015 Baltimore Business Review covers business issues pertinent to MarylandBBR ranging from 3D printing to technology integration in healthcare management to the economic output of nonprofits. The journal is a free resource for the public produced jointly by the CFA Society Baltimore and Towson CBE and features meticulously researched articles not only from CFA members and CBE faculty, but Towson students as well. This is the sixth year the organizations have partnered to produce this visually stunning publication that showcases Maryland's business opportunities.

>> Read the 2015 BBR online here.

UB/Towson MBA's online program moves up in national rankings
Jan. 7, 2015

The UB/Towson MBA was ranked No. 62 on U.S. News and World Report's 2015 list of best online MBA programs. The program was ranked at 106 in 2014. U.S. News and World Report compiles the rankings of its online MBA programs list based on key criteria including student engagement, faculty credentials and admissions selectivity. Administered jointly by UB's Merrick School of Business and Towson's College of Business and Economics, the MBA offers ten specializations and four dual degree programs and is the only in Baltimore to be accredited by AACSB International. Students can complete the UB/Towson in person as well as online. 

>> Learn more about the nationally ranked UB/Towson MBA.

1st Mariner Bank president and COO to lead 2015 Associate competition
Dec. 3, 2014

Rob unischRobert D. Kunisch, Jr., president and chief operating officer of 1st Mariner Bank, takes the helm as the presenting executive for the 11th annual Associate competition at Towson University.

"The bank had the great experience of kicking off the program's inaugural year in 2005, and we're looking forward to partnering again this coming year," said Kunisch. "To partner with a local University that is consistently ranked amongst the top in its peer group by U.S. News & World Report America's Best Colleges, is an honor. When the program is complete, we will have the opportunity to hire another one of their best and brightest graduates."

As the presenting executive, Kunisch will oversee the competition, serve as lead judge and announce each week who will progress and who will be eliminated.

"I'm sure choosing the winner will be a difficult task, but I'm confident 1st Mariner Bank will be a better institution for adding the talented graduate to our workforce," said Kunisch.

1st Mariner Bank currently has several Towson University alumni holding key management positions. "These employees embody the characteristics of those we seek to hire; they are decisive, intuitive, ethical, hard-working, and thrive in a teamwork environment," Kunisch continued.

Kunisch has spent his entire banking career of more than 25 years in Maryland working with Mercantile-Safe Deposit & Trust Company, its acquirer, PNC, and Wilmington Trust FSB where he was Director of Commercial Lending for Maryland.

Students rank in top 100 for global business simulation
Dec. 2, 2014

CBE students competing in the online GLO-BUS challenge outranked hundreds of participating schools from around the world last week.

GLO-BUS is an online business competition in which students analyze complex corporate and financial reports to make strategic decisions for a simulated business. More than 32,000 students from 300 schools across the world compete in the challenge on a weekly basis.

For Nov. 24 through 30, one of the Towson CBE teams not only tied for first in the top 100 overall scores, but also was ranked on two other dimensions—56th out of all schools for earnings per share and 36th out of all schools for stock price performance. The student team members are Julian Carroll, Emily Wise and Stephanie Young. 

CBE students have been excelling in this dynamic case study competition for the past three years as a part of the MNGT 481 Business Strategy and Policy course taught by Doug Ross, Ph.D.

"The simulation provides students the opportunity to apply strategy concepts in an almost-real competitive environment," Ross says. "For example, students learn and use industry and competitive analysis, develop an understanding of how decisions affect a whole organization, build strategic plans, implement strategies and learn how all this stacks up against their rivals."

>> See all of the GLO-BUS weekly rankings here.

CBE hosts first-ever Fall Case Competition.
Nov. 21, 2014

Six teams of TU students tackled tough questions of globalization and supply chain management in CBE's first-ever Fall Case Competition on Nov. 21.CAse competition winners

The teams were divided into two tracks with one group proposing solutions to reduce costs of a distribution company's shipping procedures. The second track involved globalization issues for a medical device company. Teams were given two weeks to review their cases and come up with recommendations. Each team was given 20 minutes to present their solutions to a panel of industry judges.

The winners of the logistics track were Briannah Smith, Bryan Goodyear, Meredith Walter and Sandrine Emambu. The globalization track winners were Scott Hands and Ariana Kim. Members of each winning team will receive $200 for their efforts.

Student organization wins grant to create job training program
Nov. 3, 2014

The Towson University chapter of Enactus, a national student organization focused on social change through entrepreneurship, received a $1,500 grant to develop a new program to help homeless women in Baltimore. The grant comes from Enactus' national Women's Economic Empowerment Project Partnership, which is sponsored by the Walmart Foundation. The Towson group will use the grant to develop a job training program for a local nonprofit organization aimed at homeless women. Students say the program will include teaching basic technical skills like Microsoft Office and customer service as well as workplace readiness such as resume writing, interviewing and dressing professionally. They intend to draft a robust and sustainable curriculum so it can continue to benefit women in need for years to come.

Student organization named 'superior' chapter
May 30, 2014

The Iota Zeta chapter of Beta Alpha Psi, an international co-ed honorary business fraternity, has earned superior chapter status for the 2013-2014 academic year. The organization participated in numerous local, regional and national events as well as hosting a special event with Sen. Paul Sarbanes this past year. The students and officers did a great job under the leadership of Colin Murphy and Ursule Essangabela. The faculty advisers are Aru Rao and Islam Elshahat.

CBE alumnus, executive in residence honored by IT association
May 27, 2014

Mike Donahue '74, executive in residence at the College of Business and mike donahueEconomics, was honored by the National Capital Area Chapter of ISACA, a global organization that engages in the development and use of industry-leading information systems knowledge and practice last week.

Donahue was awarded the chapter's V. Less Conyers Award in recognition of his contributions to the association and the IT assurance, control and security governance profession.

Donahue served as the International president of ISACA from 1993 to 1994. He recently retired from the PricewaterhouseCoopers (PwC) Washington Federal Practice Information Technology Assurance Group, where he supported assurance and advisory clients in the areas of information system controls, security, and governance. Donahue had reviewed and tested information systems at more than 30 Federal Government entities and more than 100 Fortune 1000 and commercial sector companies. He currently teaches EBTM 337 Information Technology at CBE.

Economics Professor featured on ESPN,
May 22, 2014

Seth Gitter, Associate Professor of Economics, has co-authored research on aSeth gitter model that calculates the economic value of elite college football quarterbacks. Gitter and his co-author, Peter Hunsberger, wrote about their findings on FiveThirtyEight's sports blog this week in an article titled "How Much College Quarterbacks Are Worth."

Gitter was also featured on the nationally syndicated Paul Finebaum Show on ESPN Radio on May 22. He explained how the emerging national debate on whether or not college athletes should be compensated with more than academic scholarships led him to conduct the study.

"We're trying to give a first step to the question of how you decide how much these guys are worth," says Gitter. "What we wanted to first see was how much an additional football team win added to a school. What we found is every additional win is worth about $750,000 for schools across the board."

Using performance statistics provided by ESPN on some of the top college quarterbacks in the past few years, Gitter and Hunsberger calculated how many wins an average quarterback could have been expected to earn for a given team. Then the determined how many additional wins the elite quarterbacks secured over the expected average. For example, former Texas A&M quarterback Johnny Manziel added 4.1 more wins in the 2012 season than an average quarterback could have, which means his value as a player is roughly $3 million.

>> Listen to Seth Gitter's interview on the Paul Finebaum Show.
>> Read "How Much College Quarterbacks Are Worth" on
>> See Seth Gitter's faculty profile.

CBE wraps up tenth anniversary Associate competition
April 8, 2014

The words "you're hired" were music to the ears of Towson University student Thomas SlempThomass Slemp, this year's winner of the Associate competition

In Towson's version, eight students vie for the prize of a guaranteed job with the sponsor company, in this case SECU, whose CEO, Rod Staatz, served as the competition's "Donald.

"Now in its tenth year, the signature contest of the College of Business and Economics is based on "The Apprentice," the reality television program where 16 contestants competed for the "ultimate job interview" with Donald Trump.

>> Read the full story in the TU newsroom.

Towson Enactus team wins business ethics competition
March 26, 2014

A team of four CBE students won first place at the Enactus Inter-Collegiate Enactus membersCompetition in Business and Ethics hosted by Mount St. Mary's University on March 21.

The team competed against other schools in the region and took home $300 as an award for their efforts. The team members are Sandrine Emambu, Esam Mohammed, Biruk Lulseged and Joe Barbera.

Enactus is is a community of students and business leaders committed to impact as many lives as possible by applying their passions, talents and ideas through entrepreneurial action.

Students place in regional best practice competitions
March 25, 2014

Students from the Iota Zeta Chapter of co-ed business fraternity Beta Alpha Psi Beta Alpha Psi membersplaced in two best practices competitions at the organization's Atlantic Coast conference in Hartford, Conn., March 21 through 22.Members of Beta Alpha Psi

The team took home first place out of dozens of regional chapters for its collaboration projects with Pace University. The team also won third place in the leadership category. The first place winners will move on to compete at the national meeting in Atlanta later this year.

The students who represented Towson University at the conference were Cameron Barnett, Ursule Essangabela, Marta Niguse, Ben Smith, Shannon Hagerty, Eric Pfautz, An Tran and Ammar Muhammed.

Judy Harris, chair and professor of marketing, receives award from USM Board of Regents
Feb. 28, 2014 Judy Harris

Towson University Marketing Department Chair Judy Harris has earned the Regents' Faculty Award for Teaching from the University System of Maryland.

Harris, who has taught at Towson since 2006, also serves as director of curriculum and assessment for the college. She will be recognized at a ceremony during an April Board of Regents meeting at the University of Maryland, Baltimore County.

>> Read the full story in the TU newsroom.

CBE kicks off milestone year for the Associate competition
Feb. 12, 2014

The CBE kicked off the tenth anniversary of its Associate program on Feb. 11 with 2014 associate candidatesintroductions from the eight candidates and the 2014 "Donald Trump," SECU Maryland CEO and President Rod Staatz.

Team Quality Control and Risky Business were presented their first case study from Berry Plastics. The teams are tasked to come up with a new layout for 62,730 square feet of space in one of the company's warehouses where it stores raw materials in addition to products for one of its largest customers, KRAFT Foods.

The teams will present their solutions to this supply chain management case on Feb. 18 at 5 p.m. in Stephens Hall, room 216. One member from the losing team will be up for elimination.

Teams will continue to present weekly cases until the competition comes down to four students. After one-on-one interviews with the presenting company, SECU Maryland, the candidates will be narrowed down to two finalists who will take on one final challenge for the ultimate title of The Associate on April 1.

>> Read more about the history and impact of the Associate program.
>> Meet the 2014 Associate candidates.

Fifth annual Baltimore Business Review available now
Jan. 8, 2014 BBR 2014

The 2014 edition of the Baltimore Business Review is now available online.

The fifth edition of the BBR, published by Towson University's College of Business and Economics and the CFA Society of Baltimore, reports on recession recovery in the Baltimore area and Maryland.

>> Learn more about the partnership and see past issues of the BBR.

CBE professors and alumni spend the day with Baltimore kids
Nov. 18, 2013

towson visit

More than 30 inner city school Baltimore teens visited CBE on Nov. 2 to tour Towson's campus and learn about options for college. CBE alumni Ife Odetoya and Simi Olabisi spoke to the kids about their experiences along with professors Lasse Mertins and Plamen Peev.

The school kids are are part of the Mentoring Male Teens in the Hood program.
Mentoring Male Teens in the Hood is a group mentoring program that encourages at-risk youth to stay in school, work hard, set goals and strive for success.

>> Learn more about the organization.

CBE announces SECU president as the next "Donald" for Associate competition
Oct. 30, 2013

Rod Staatz

The CBE's signature business case competition The Associate returns this spring for its tenth anniversary. CBE has tapped Rod Staatz, president of SECU to guide the competition as lead judge.

Students will compete for the chance to be offered a job by SECU.

>> Read the full story in the TU Newsroom.

Students compete in regional case competition
Oct. 24, 2013cbe students

For the second year, a team of five Finance case competition team represented Towson University at the annual Gill/McDaniel College Finance Case Competition, which was held this week. The Towson team placed fourth out of seven schools. The other competing schools included Juanita College, Morgan State University, Gettysburg College, Elizabethtown College, Penn State-Mont Alto and McDaniel College.

The student team members are Nicholas Moreland, Daniel Marland, Mark Misner, Justin Kennell, and Nhat Nguyen.

Former U.S. Senator shares behind-the-scene account of historic legislation
Sept. 30, 2013

Paul Sarbanes

More than 200 students, faculty and business professionals gathered on the campus of Towson University yesterday, as former U.S. Senator Paul Sarbanes (D-Maryland) took the podium in the University Union to discuss his watershed Sarbanes-Oxley Act and its continually rippling effects.

Hosted by Beta Alpha Psi-Iota Zeta, the Department of Accounting and the College of Business and Economics, the panel discussion provided an opportunity for attendees to network, meet Sen. Sarbanes and hear his behind-the-scenes account of drafting the historic Sarbanes-Oxley Act 11 years ago.

>> Read the full story in the TU Newsroom.



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College of Business & Economics

Phone: 410-704-3496
Fax: 410-704-2300

Office Location

Stephens Hall, Room 218
Hours: Monday - Friday
8 a.m. - 5 p.m.

Mailing Address

College of Business & Economics
Towson University
8000 York Road
Towson, MD 21252-0001