Share:

News

Staying in Georgia After Graduation? Look Here for Jobs

Where to move if Georgia’s on your mind

Do you know what you’re doing after graduation? If you’re like most College of Business Administration graduates, you’ll be looking for a job soon after—or possibly even before—you walk off campus with your degree in hand. For recent College of Business graduates who wish to stay in the state of Georgia after graduation, finding the right place to look for jobs can seem like an overwhelming task. You might want to start in these cities.

Alpharetta

Located north of Atlanta, Alpharetta has one of the largest clusters of technology employers in the entire South. In addition to big names like Verizon and Hewlett-Packard, it’s also home to information-services companies like Lexis-Nexis. What’s more, there’s a vibrant startup culture here that makes entrepreneurial types feel right at home.

Peachtree City

Tucked into the rolling hills just southwest of Atlanta, Peachtree City is a high-tech manufacturing hub that has plenty of managerial and supervisory positions available. With low living costs and virtually nonexistent crime rates, it’s also a great place to raise a family.

Athens

Located east of Atlanta, Athens is a cultural and academic hub. The home of The University of Georgia has plenty of teaching and research positions available, but its real strength may lie in the startup culture fueled by clever members of the city’s academic community. If you’re bright and ambitious, you’ll fit right in here.

Sandy Springs

Sandy Springs isn’t far from Alpharetta, and the two cities’ economies have lots in common. Like Alpharetta, this friendly city is home to many technology employers, including IBM. It also has a massive healthcare complex that offers opportunities for those interested in administrative and managerial roles that make a difference in the lives of others.

Hinesville

Located south of Savannah and Statesboro, Hinesville benefits from the proximity of Fort Stewart. It’s also home to a well-regarded medical cluster that offers similar opportunities to those found in Sandy Springs. If you have military ties or ambitions, Hinesville could be high on your list.

Get Your Business Degree from Georgia Southern at the College of Business Administration

No matter where you’re moving after graduation, you’ll have an easier time finding a job with cutting-edge training and certification in the business fields most relevant to our ever-changing, highly competitive global economy. At the Georgia Southern University College of Business Administration, we’re committed to connecting our students with the best job opportunities in every region of the country. To learn more about our offerings, call us or visit our website at www.GeorgiaSouthern.edu/coba.


Ask the Experts: A Bit about Bitcoin

by John S Kiernan (Click Here for the original article)

In an era dominated by digital technology it should come as no surprise that someone has developed a digital currency. Paypal is a digital payment system but Bitcoin, developed in 2009, is an actual digital currency that, in the last several months, has generated excitement and interest – and yes, a little concern —  in the financial services industry.

Bitcoin uses crytography to create and transfer money. Any country’s currency can be transformed into bitcoins so users can make payments. To use a bitcoin you need wallet software that runs on a computer or mobile device.

Like any other currency, bitcoins can be traded on currency exchanges. During the latter half of 2013 trading in bitcoins became quite volatile. Traders made a lot of money buying and selling bitcoins last year but some lost a lot of money as well.

Behind the excitement

So what’s the appeal? We turned to some economic experts for answers?

“My guess is that Bitcoin has a ‘coolness’ factor that has attracted a strange collection of libertarians and other anti-government types – including people who want to conduct illegal transactions, and others who see it as a great speculative opportunity,” said David Parsley, an economics and finance professor at Vanderbilt University.

John C. Alexander, Jr., a professor of investments at Clemson University, is skeptical of the argument that Bitcoin represents a new currency. He sees it more as a new payment system.

“We have metrics relative to payment system valuation in the our public equity markets, such as Ebay, and in the past Paypal,” he said. “Despite these valuation metrics, ultimately the value of a Bitcoin transaction and the value of the Bitcoin equity is whatever the last person was willing to pay.”

Appealing anonymity

Nicolas Christin, assistant research professor in electrical and computer engineering at Carnegie Mellon University, believes the degree of anonymity provided by Bitcoin transactions is part of the appeal. He also sees some drawbacks to its use in normal, day-to-day transactions.

“The fact that Bitcoin payments take around ten minutes to be confirmed — and basically one hour for being completely vetted — is a real problem for quick, face-to-face transactions,” he said. “It is not unsolvable — all you need is an escrow or insurance system built on top of the existing mechanisms to make this work well — but this will add costs, and whether or not this will be a really practical solution compared to the alternatives remains to be seen.”

Parsley is also skeptical that Bitcoin has much practical value as a currency.

“Most people still tally in dollars, euros, yen etc.,” he said. “I don’t see that going away.”

Some governments and their institutions appear leery of the Bitcoin as well. Russia’s central bank has expressed deep reservations about Bitcoin transactions, saying they may be useful to terrorists and run counter to the country’s laws. In December 2013 the People’s Bank of China stepped in to block merchants from accepting bitcoins and barred banks and payment processors from converting bitcoins into the Chinese currency.

Finally, law enforcement seems to have a concern with the anonymous nature of bitcoin transactions. The U.S. Justice Department recently announced the arrest of Charlie Schrem, CEO of Bitcoin payment processor BitInstant and vice chairman of the Bitcoin Foundation on money laundering charges in connection with the Silk Road anonymous black market for drugs.

Ask the experts

  • Bitcoin, the open source peer-to-peer payment network and digital currency, has captured the imagination of Wall Street. Why has it become so popular?
  • How practical is a digital currency? Do you think this is the way we’ll pay for things in the future?
  • Some people who traded in Bitcoins have made a lot of money as its value has risen. Doesn’t that suggest there are downside risks? Are there other reasons consumers should proceed cautiously?
  • Could Bitcoin find its niche as one of these systems?
Amanda S. King
Professor of Finance and Economics, College of Business Administration, Georgia Southern University
Amanda S. King

How practical is a digital currency? Do you think this is the way we’ll pay for things in the future?

We use digital forms of traditional currencies today—you make a purchase with your debit card or pay your rent with online checking. Businesses use wire transfers and pay employees with direct deposit. No literal cash ever changes hand. Electronic orders are debiting and crediting accounts, so in many settings digital currency is practical. People have been speculating about when currency as we traditionally think of it, paper bills and coins, would disappear for quite some time now. It hasn’t happened yet. There are infrastructure issues (for example, how do you make sure all individuals can make and receive these electronic orders), and the way we think about money will have to change before traditional paper currency goes away completely. I think that digital and paper currency will coexist for the foreseeable future.

Some people who traded in Bitcoins have made a lot of money as its value has risen. Doesn’t that suggest there are downside risks? Are there other reasons consumers should proceed cautiously?

As we have seen in dramatic ways over the past decade, values that rise have the potential to fall too! The value of Bitcoins is being determined in the market for Bitcoins. As the market fluctuates—there are more buyers or more sellers—value will fluctuate. This means that there is a risk of losing a lot of money as Bitcoin’s value declines as well as the potential to make a lot as its value rises.

Bitcoin describes itself as experimental, so certainly that suggests some additional level of risk. This is also an unregulated financial market meaning there are not the consumer protections we are accustomed to. These should lead consumers to proceed cautiously.


College of Business at Georgia Southern University Sponsors the Southern Management Association (SMA) Annual Meeting

As a regional arm of the Academy of Management, the Southern Management Association is a respected organization with more than 1,000 members at several dozen universities. Accordingly, it’s a pretty big deal that the Southern Management Association’s 2014 meeting is coming to Savannah, November 11-15. We humbly submit that it’s an even bigger deal that the College of Business Administration is joining forces with the SMA to sponsor this highly anticipated event.

Who Belongs to the SMA?

According to the SMA, the organization’s membership is comprised of “management professors, doctoral students, and executives representing more than 200 colleges, universities, and business firms in 43 states and several foreign countries.” Its programming includes:

  • Services for management students and faculty
  • Professional development for careerists
  • Social and networking events that bring together members separated by physical distance or professional focus

SMA also has a softer focus. According to its website, it’s in the business of “nurturing members, building collaborations, [and] enhancing life-long friendships.”

The SMA’s 2014 Meeting: Information and Logistics

As noted, the SMA’s 2014 meeting will take place November 11- 15. Most activities will happen in the Savannah Hyatt Regency. Rooms at the hotel are available at a special rate of $147 per night for the first two guests and $15 extra for each additional guest in the same room. If you’d prefer a view of the beautiful Savannah River, riverside rooms are available for $197 per night.

What to Expect at “SMA 2014”

Each day of “SMA 2014” will be packed with activities. On the 11th, consortia members can mingle at a special networking event in the Hyatt’s ballroom. The Georgia Southern University College of Business Administration is proud to sponsor that particular event.

For the remainder of the conference, November 12-14, dozens of seminars and information sessions will occur in the various rooms of the Hyatt Regency. Experts from numerous institutions and organizations, including Georgia Southern University, will be on hand. In the evenings, you can expect refreshments and networking. Although November 15 doesn’t feature a full day of activities, there will be a handful of sessions and some farewell events.

We can’t wait to see you there!

A Great Place to Get a Business Degree in Georgia

While we love to see our students and alumni at events like the upcoming Southern Management Association meeting, we understand that our highly successful graduates tend to have busy schedules. Fortunately, we have a host of other in-house and sponsored events scheduled in the upcoming months. For those who might be considering a career—or a career change—in business, we’re also proud to offer a comprehensive lineup of courses and degree programs. Visit us online at GeorgiaSouthern.edu/coba or call (912) 478-2622 to learn more.


Author R. Glenn Hubbard to Deliver Presentation at Georgia Southern University

Glenn Hubbard, the current Dean of the Columbia University School of Business, recently authored a new book, “Balance: The Economics of Great Powers from Ancient Rome to Modern America.” The new book, co-authored by Tim Kane, offers an explanation as to why great economies often fail, and warns that the U.S. could be next. Hubbard is a frequent contributor to the New York Times, the Washington Post, and other national publications. As part of the promotion for his new book, Hubbard will be speaking at Georgia Southern University.

WHAT: R. Glenn Hubbard to speak about his recent book “Balance: The Economics of Great Powers from Ancient Rome to Modern America.” Hubbard will address the current U.S. economic outlook and will be answering questions from university faculty and students on contemporary economic topics and the state of the economy.

WHO: R. Glenn Hubbard is the dean and Russell L. Carson Professor of Finance and Economics in the Graduate School of Business at Columbia University. He is also a research associate of the National Bureau of Economic Research and a director of Automatic Data Processing, Black Rock Closed-End Funds, KKR Financial Corporation, and MetLife. He received his Ph.D. in economics from Harvard University in 1983. From 2001 to 2003, he served as chairman of the White House Council of Economic Advisers and chairman of the OECD Economic Policy Committee, and from 1991 to 1993, he was deputy assistant secretary of the U.S. Treasury Department. He currently serves as co-chair of the nonpartisan Committee on Capital Markets Regulation. Hubbard’s fields of specialization include public economics, financial markets and institutions, corporate finance, macroeconomics, industrial organization, and public policy. He is the author of more than 100 scholarly articles in leading journals.

WHEN: November 6th from 12:15-2:00 PM

WHERE: Georgia Southern University, College of IT & Engineering BLDG, Room 1004


City Campus Plans for Another BIG Global Entrepreneurship Week

BiG-Logo-Draft-Set5-MovedGear2-SMALLThe Georgia Southern Business Innovation Group (BIG) will be participating in “Global Entrepreneurship Week,” November 17-22. Global Entrepreneurship Week (GEW), a Kauffman Foundation initiative, is a worldwide celebration of the innovators and job creators that bring ideas to life. The week will be filled with presentations and networking events, most of which are free and open to the public. GEW is an empowerment week aimed at giving innovators important information and networking opportunities to help them be successful.

This year’s BIG GEW will begin with an official Proclamation from Statesboro’s City Council. Expert lecturers will present on topics that business owners find most beneficial such as best accounting practices, securing a good location, business law, and social marketing. A schedule of events will soon be available.

Business Networking International (BNI) is partnering with BIG to host motivational and educational speaker, Ron Kirby, on Wednesday, November 19 from 4-5 PM. Mr. Kirby has more than 37 years of leadership experience in the Marine Corps and corporate America. He will share his passion and experiences in leadership concerning business, personal development, innovation, and education. A mixer at Eagle Creek Brewery will follow Mr. Kirby’s presentation.

Marshall Tuck, Corporate Small Business Officer for Gulfstream Aerospace, is scheduled to bring back our monthly ProBid Procurement Series on Thursday, November 20 at 8:30 AM. Mr. Tuck will lead a discussion on the types of services managed and contracted by Gulfstream. He will give attendees all the information they need on policies for doing business, certification and application requirements, and bidding processes. He may even offer insight on upcoming requests for proposals.

We will close the week with the inaugural BIG Maker Day in downtown Statesboro on Saturday, November 22.  Makers, those who embrace the do-it-yourself philosophy, from our region will showcase their latest inventions as well as host hands-on demonstrations. Lowe’s will host their Build and Grow hands-on workshop for kids. The BIG highlight for the day will be a Cornhole Catapult workshop and competition from 9 AM—2 PM. Maven Makers will provide all materials and instruction, assisting teams of 2-4 in constructing their very own cornhole catapult.

We are delighted to bring another BIG Global Entrepreneurship Week to City Campus and downtown Statesboro. The Business Innovation Group is proud to be leading the charge in growing an innovative culture in the region.

For more information on participating or sponsoring, please contact Suzanne Hallman at 912-478-5586 or shallman@georgiasouthern.edu.

The Business Innovation Group is the business outreach arm of the Georgia Southern University College of Business Administration. The BIG focus is to provide students and entrepreneurs with the skills and training necessary to understand business principles, to experience how businesses operate, and to successfully launch new business enterprises.

Georgia Southern University, a Carnegie Doctoral/Research University founded in 1906, offers 125 degree programs serving more than 20,000 students. Through eight colleges, the University offers bachelor’s, master’s, and doctoral degree programs built on more than a century of academic achievement. Georgia Southern is recognized for its student-centered approach to education. Visit: www.georgiasouthern.edu.


College of Business Administration • P.O. Box 8002 • Statesboro, Georgia • (912) 478-2622