Click the text link to see a calendar or other information concerning upcoming KU-related events.
School of Business Update
January boasts highest stock returns
"Best Business Schools" ranking lists KU
KU Mortar Board honors business professor
New class of alumni
January boasts highest stock returns
Research by two KU School of Business faculty members confirms the existence of an anomaly in the U.S. stock market that was first suggested in 1976. The two KU researchers, Mark Haug and Mark Hirschey, found that over a 77-year span, stocks reaped their largest gains in the month of January.Their paper, "The January Effect," recently appeared in the Financial Analysts Journal and received favorable coverage in mainstream media outlets such as Forbes and Business Week.
Their research indicated that from 1927 to 2004, small-cap stocks had an average January return of 6.05 percent, as opposed to a 0.91 percent average return throughout the rest of the year. Large-cap stocks followed a similar pattern. From 1927 to 2004, they produced average January returns of 1.81 percent, but managed only a 0.87 percent average for the remaining 11 months.
A copy of their paper as published in the Financial Analysts Journal can be found at http://www.cfapubs.org/loi/faj.
"Best Business Schools" ranking lists KU
The Princeton Review ranked the KU School of Business as one of its "Best Business Schools." The ranking was derived partly from comments submitted by current students.The Princeton Review compiled reviews from 18,000 students who attended AACSB-accredited business schools. AACSB, or the Association to Advance Collegiate Schools of Business, represents the gold standard for business education. The School has been accredited by the AACSB since 1930.
Students were asked 80 questions about themselves, their school's academics, their career plans, the student body and campus life. The survey was conducted during the 2005-'06 academic year.
KU Mortar Board honors business professor
Parker Lessig, Frank S. Pinet Distinguished Teaching Professor in the School of Business, has been named one of five Outstanding Educators at KU.The award was presented by KU's chapter of the Mortar Board National Senior Honor Society. Lessig and the other four Outstanding Educators were recognized during the KU-Emporia State men's basketball game Nov. 7.
Mortar Board members nominate educators for their devotion to academia, teaching style, accessibility, knowledge of their subject and other special qualities identified by the KU chapter. The Mortar Board's 39 members selected the winners.
New class of alumni
The KU School of Business held its 2006 Fall Graduation Ceremony Dec. 8 at the Lied Center. About 120 undergraduate and master's students walked across the stage to receive their diplomas. The undergraduate speaker was Nikolay Yakovlev, from Moscow, Russia, and the master's speaker was Lynn McMinnville, from Prairie Village.
