May 2002  

CIBER program funded for four more years
The Center for International Business Education and Research (CIBER) has been funded for an additional four years and at a higher level of support. The US Department of Education made the announcement in early May.
http://www.cba.uiuc.edu/publications/Releases/2002May.CIBER.pdf

Client services
With the rise of information technology, big accounting firms branched into "client services" – particularly internal financial consulting – that soon brought in more revenues than audits. Andrew Bailey, Ernst & Young professor of accountancy, commented that this change paved the way for the systemic improprieties exposed in the accounting field in the last six months. http://www.news.uiuc.edu/biztips/02/05audit.html

Kimberly-Clark and IDM host case study competition
Tackling a real-life problem faced by Kimberly-Clark, the global consumer-products company, was the challenge to ten teams of Industrial Distribution Management students. Presenting their solutions to KC staff and college faculty was the second phase of the competition, held in April. http://www.cba.uiuc.edu/publications/News/2002/May.KimberlyClark.html

Soy protein and consumer acceptance
Customers worldwide are leery of unfamiliar foods. How do you introduce a new food product into a consumer market? CBA's Brian Wansink summarized his research in this area for visitors from Romania. http://www.cba.uiuc.edu/publications/News/2002/May.Romania.html

Giertz comments on state budget situation
Economist J. Fred Giertz says that Illinois' govenor and state legislators should agree to a temporary income-tax hike until the current budget crisis passes. In a paper published by the Institute of Government and Public Affairs, he says a temporary increase in the income-tax rate is "a simple and efficient way" to close the budget gap. http://www.news.uiuc.edu/biztips/02/06illbudget.html

1977 graduate gives convocation address
Mary Kay Haben, an executive with Kraft Foods North America, was the speaker at 2002 convocation. http://www.cba.uiuc.edu/publications/News/2002/May.Haben.html

Student chapter honored

The student chapter of the American Marketing Association was honored in April at the AMA national convention for outstanding membership activities. http://www.cba.uiuc.edu/publications/News/2002/May.AMA.html



1997 Accountancy graduate develops website for displaced workers
A alumnus of the college, laid-off from Andersen earlier this year, has developed a website for other displaced workers to help them get in touch with former coworkers and to provide a venue for information exchange. http://www.cba.uiuc.edu/publications/News/2002/May.AAwebsite.html


Commerce Council members raise funds for university police

Campus police have two new cruiser-based video cameras at their disposal due, in part, to members of the college's Commerce Council. The students helped raise funds along with several other organizations. http://www.cba.uiuc.edu/publications/News/2002/May.Journey.html



New student orientation
June marks the beginning of new student orientation. The college will welcome members of the class of 2006 throughout the summer.

New alumni welcome reception and fundraiser scheduled for June 1
You are cordially invited to join fellow CBA Young Alumni for an "almost free" happy hour at Durkin's on Halsted and Diversey in Chicago, Saturday, June 1st from 6 p.m. to 8 p.m. This happy hour is being combined with a fundraising event for the Infant Welfare Society of Chicago. Donations can be made at the door or by contacting Alumni & External Affairs at alumniaffairs@cba.uiuc.edu. Come and meet fellow alums!



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Contact information for contributions: development@cba.uiuc.edu (217) 333-6434


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Posted on 5.31.02
email: Ginny Hudak-David, Director of Communications
College of Commerce and Business Administration
414 Wohlers Hall, 1206 South Sixth St, Champaign, IL 61820
217-244-8146