Krannert faculty expert says now is the time to act on U.S. work-family policiesEllen Ernst Kossek, the Basil S. Turner Professor of Management at the Purdue University Krannert School of Management and research director of the Susan Bulkeley Butler Center for Leadership Excellence, discusses the urgent need for U.S. work-family policy reform in a column for Brink, a publication focused on comprehensive insights on risk in the areas of environment, economy, society, geopolitics and technology.
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- Krannert receives STEM designation for MBA specialization areas
Purdue University’s Krannert School of Management will begin offering a STEM-designated Master of Business Administration degree option this fall for students in four specialization areas: business analytics and information management, finance, global supply chain management or marketing. The STEM-designated MBA will offer an immersive set of quantitative classes grounded in statistics, computer applications and data analysis, along with core business classes that will develop students’ analytical and problem-solving skills. In addition, the 60-credit-hour, four-semester program will enhance leadership skills, preparing students to manage teams in a technology-driven world.
- Purdue trustees approve Krannert School named and distinguished faculty positions
The Purdue University Board of Trustees on Friday (June 14) ratified seven named and distinguished faculty positions, including three within the Krannert School of Management. David Hummels was named a Distinguished Professor of Economics, Mohit Tawarmalani was named the Allison and Nancy Schleicher Chair in Management, and Annabelle Feng was named the John and Donna Krenicki Chair in Operations Management. Trustees also issued resolutions of appreciation for friends of the university whose names will be added to campus facilities.
- IBJ 2019 Innovation Issue: Artificial intelligence is no longer science fiction
The rapid rise of artificial intelligence in recent years has been simultaneously stunning, promising—and a bit scary. Purdue professor Karthik Kannan, director of the Krannert School of Management's Business Information & Analytics Center, comments on the evolution of AI in the Indianapolis Business Journal's 2019 Innovation Issue.
- Two Purdue student startups with Krannert team members win $8,000 at international business competition
FlykeART, a Purdue University-affiliated student startup developing a lighter and smarter galley cart for airplanes, won $5,000 for placing in the top 10 in the International Business Model Competition held at Brigham Young University. Global Sign, another Purdue-affiliated student startup, which created a platform to make content more accessible to people who are deaf or have limited hearing through use of American Sign Language, won $3,000 for being selected as a semifinalist.
- Former ‘Seinfeld’ star Jason Alexander to headline Krannert event in Indy
Former “Seinfeld” star Jason Alexander will headline the 19th annual Krannert Leadership Speakers Series event, which is scheduled for 6:30 p.m. Sept. 19 at the Indiana Roof Ballroom in downtown Indianapolis. Tickets are now on sale for the event, which includes dinner and features the presentation of Krannert alumni awards and the induction of the latest class of the Boiler Business Exchange Business Hall of Fame.
- Left behind: How disruptive technology may choose society’s winners and losers
New platforms like home- and ride-sharing services often are praised for leveling the playing field, cutting out the middle man and boosting the economy. Additional findings from an Airbnb study by Krannert professor Mohammad Rahman, however, suggest black neighborhoods were frequently perceived as “shady” and “risky.”
- Alumni entrepreneur Chris Kossoyan brings his innovation skills to hospitality industry
Certificate in Entrepreneurship and Innovation alumni often tell us how well the program prepares them for their careers, no matter what field they are in. The same can certainly be said of Chris Kossoyan, a 2008 Krannert and Purdue Certificate in Entrepreneurship and Innovation (ENTR) program alumnus.
- Krannert research shows improved scheduling approaches could improve life in nursing homes
Placing a loved one in a nursing home can be a traumatic experience for the entire family with concerns about the care and attention they will receive. According to Ellen Ernst Kossek, the Basil S. Turner Professor at Purdue University’s Krannert School of Management, those concerns could be eased by some simple changes in the way the schedules are done for the staff at that facility.
- Two Krannert Professors Receive Distinguished Award
Fabrice Lumineau and Mohammad Saifur Rahman were named as part of the 2017 Poets and Quants “Best 40 Under 40 Professors” list.
- Multimillion-dollar gift supports Purdue business analytics leadership
WEST LAFAYETTE, Ind. — Purdue University alumnus John Krenicki Jr. and his wife, Donna, have given a $5 million gift to a business analytics center in the Krannert School of Management. As a result, the Business and Information Analytics Center will now be known as the John and Donna Krenicki Center for Business Analytics and Machine Learning, pending Board of Trustees approval.
- Convocation recognizes faculty for honors, awards, teaching excellence
Faculty members were recognized Tuesday (May 7) at the Faculty Awards Convocation for a range of honors, including national and international awards; University and college awards; Fellow awards; and distinguished and named professorships. Among the honorees from the Krannert School of Management were faculty members Brian Dineen, Heather Howard, David Schoorman and Ilana Stonebraker.
- Spring 2019 issue of Krannert Magazine now online
Get in the game, evolve entrepreneurship and take giants leaps in the new issue of Krannert Magazine. Read about the School of Management's latest contributions to technology commercialization, sports analytics and more as School of Management alumni, students, faculty and staff help Purdue celebrate its 150th anniversary.
- Spring commencement schedules set for Purdue
More than 4,600 undergraduate students are expected to participate in Purdue University’s spring commencement ceremonies, set for May 10-12 in Elliott Hall of Music on campus. Nicholas D. Sprecher of Indianapolis, who will receive a Bachelor of Science in industrial management from the School of Management, is the student responder for the Sunday afternoon (Division VI) ceremony.
- Krannert prof Mara Faccio wins her second Sharpe Award
Mara Faccio, the Duke Realty Chair in Finance in the Krannert School of Management, recently won the William F. Sharpe Award for Scholarship in Financial Research for the best papers published in the Journal of Financial and Quantitative Analysis in 2018. The title of the paper is “Taxes, Capital Structure Choices, and Equity Value.” Faccio and co-author of Jin Xu, a former Krannert faculty member, also won the Sharpe Award in 2015 for a paper titled, “Taxes and Capital Structure.” The Sharpe Award recognizes researchers who, through their articles published in the Journal of Financial and Quantitative Analysis, have most contributed to the understanding of important areas of financial economics.
- SAS honors Krannert’s Matthew Lanham with 2019 Distinguished Professor Award
A persistent analytics talent gap creates big opportunities for people who can wield analytics to help organizations make better decisions. Innovative analytics users and students who are rushing to fill that gap — and those who teach them — were honored this week at the SAS Global Forum, including Matthew Lanham of the Purdue University Krannert School of Management.
- Entrepreneurship organizations at Purdue create website to boost student innovation
Student leaders from entrepreneurial clubs and organizations at Purdue University have created a website to boost innovation on campus.The goal is to make the website, Startup Purdue, the primary online resource for student entrepreneurship at Purdue, says Anuraag Yachamaneni, a member of the Purdue Student Entrepreneurship Council who is majoring in computer science and economics.
- Alaskan halibut, caught by a century-old Seattle boat, provides a glimpse of Amazon strategy with Whole Foods
Whole Foods’ halibut deal opens a window into Amazon’s grocery strategy as it seeks to combine the defining characteristics of each brand, leverage its juggernaut Prime membership program and take a larger share of the grocery business from competitors such as Walmart, Kroger and Costco. Purdue professor Ananth Iyer is interviewed by The Seattle Times about the issue.
- APSAC's Hadley speaker series to present Krannert’s Meara Habashi
Meara Habashi, assistant head of the Krannert School’s Department of Management, will give a workshop-style presentation, “Overcoming Obstacles to Achieve Success,” on May 7 in the annual Richard A. Hadley APSAC Professional Development Series. The event, sponsored by the Administrative and Professional Staff Advisory Committee, will be at 11:30 a.m. in Pfendler Hall’s Deans Auditorium (Room 241).
- What Can You Do With a Master’s Degree in Accounting? – Purdue Krannert
Thinking about pursuing an MSA, but not sure what you can do with a master’s degree in accounting? Discover the careers available to you.
- Economic Ideas Forum features global trade policy expert Doug Irwin
U.S. trade policy expert Doug Irwin took part part in a fireside chat about trade policy and negotiations strategy on April 18 in Stewart Center’s Fowler Hall. Joining Irwin was David Hummels, the Dr. Samuel R. Allen Dean of the Krannert School of Management, and David Schoorman, associate dean for executive education and global programs, and professor of management. The event was part of Purdue's Giant Leaps Series and the keynote for the annual Purdue University Research Center in Economics (PURCE) Economic Ideas Forum.
- Is government bad for business? Study shows investors with political agendas hurt shareholders and firms
Privately owned businesses are more efficient and profitable than governments. So goes the prevailing thought among financiers in the United States and many other countries. “The general conclusion is government ownership has a negative influence on firms,” said Kateryna Holland, an assistant professor of finance in the Krannert School of Management at Purdue University.
- Faculty promotions at Purdue approved by board
Purdue University’s Board of Trustees on Friday (April 12) approved the following faculty promotions within the Krannert School of Management effective with the 2019-20 academic year: Timothy N. Bond and Cathy M. Zhang; associate professor of economics; Sergey Chernenko and Thanh T. Nguyen; associate professor of management; Roy M. Dejoie, clinical associate professor of management; Troy D. Janes, clinical professor of management. Congratulations to all.
- Students launch fundraising effort to bring water purification system to Thailand
PureAqua Global is a student run organization made up of Purdue University students with a mission of providing clean drinking water to impoverished villages across Southeast Asia and beyond. This summer, a group of students are traveling to Chiang Mai, Thailand, with the goal of implementing 20 purification systems that will provide 300 people with drinking water indefinitely. A one-time GoFundMe page has been launched to cover the $5,000 estimated cost of the project. To learn more and donate, please follow the link below.
- Krannert prof Shai Vardi offers a solution to fix the electoral college
In a recent op-ed for The Hill, Shai Vardi, an assistant professor of management information systems at Purdue University's Krannert School of Management, says "it's time to put democracy back in the hands of all Americans" by reforming the electoral college through an expansion of the battleground for campaign spending and voter engagement across all states.
- Indiana students set to showcase classroom businesses at Purdue
Local elementary students will showcase businesses they developed through a Purdue University program that promotes entrepreneurship in the classroom. The Classroom Business Enterprise showcase will take place from 10:30 a.m. to noon April 10 in the Krannert Building's Krannert Drawing Room. The event will feature businesses started by students and teachers from schools in Lafayette and Frankfort, Indiana.
- Environmentally friendly soy straws win ISA’s annual New Uses Competition
A soybean-based drinking straw earned top honors at this year’s Student Soybean Product Innovation Competition funded by the Indiana Soybean Checkoff. Team Stroy took home the award for replacing a common restaurant item with a biodegradable, environmentally friendly straw. The team consisted of Natalie Stephenson, a senior in the Krannert School of Management; Morgan Malm, a graduate student in food science; and Ruth Zhong, a senior in electrical engineering.
- Celebrated economists Anne Case and Nobel laureate Sir Angus Deaton speak at Purdue on ‘deaths of despair’
Purdue hosted husband-and-wife team Sir Angus Deaton and Anne Case, both renowned economists, on March 26 when they presented their lecture, “Inequality, deaths of despair, and the future of capitalism,” in Stewart Center’s Fowler Hall as part the University's yearlong sesquicentennial celebration. Case and Deaton’s lecture looked at deaths from suicide, drug overdoses and alcoholic liver disease, offering potential explanations as to why these types of deaths are currently on the rise, especially among white, working-class Americans without college degrees.
- How to Decide Where You Should Get a Master's Degree – Purdue Krannert
Choosing where to get your master’s degree is a big decision. We have 7 things you should be considering when deciding between MBA programs.
- Heather Howard honored with University teaching award
Heather Howard, assistant professor in Purdue University Libraries and the Roland G. Parrish Library of Management and Economics, has received the Exceptional Early Career Award. The Exceptional Early Career Award recognizes outstanding undergraduate teaching among Purdue's early career, tenure-track faculty. Recipients of the award will receive a $5,000 award with additional funds for a department business account.
- Eight Purdue student startups win more than $110,000 in cash, contributions at Burton D. Morgan Business Model Competition
Eight Purdue University student startups earned a total of $83,500 in cash prizes and another $30,000 in in-kind donations during the 32nd annual Burton D. Morgan Business Model Competition. The competition promoted student entrepreneurship through five months of business model workshops and featured categories ranging from business-to-business to social entrepreneurship. Yasmeen Hafeez, a senior in the Krannert School of Management, helped make the winning pitch for Global Sign, a startup that works to encourage governments, schools and companies to make their video content sign language accessible to the deaf.
- Spotlight On: Our Master’s in Economics Program – Purdue Krannert
If you are interested in an economics master's degree, our program offers flexibility and affordability. Find out more about the program on our spotlight blog
- WHIN, Purdue lead the way into the future of digital agriculture and next-generation manufacturing
Can you picture a Silicon Valley … in Indiana? Within the next five years, north-central Indiana is aiming to make its mark as a developing global epicenter, technologically revolutionizing agriculture and manufacturing. Community leaders and local economic developers are collaborating with Purdue University and the Krannert School to advance the Wabash Heartland Innovation Network (WHIN), a consortium of 10 counties in north-central Indiana that already is leading the state in agriculture and manufacturing.
- Full-Time Career to Graduate Education? We Have 6 Tips. – Purdue Krannert
Are you transitioning from a full-time job to a full-time graduate education soon? Discover the 6 things you should do before you start your MBA.
- Fast lane: Purdue app aims to make ride-sharing easier
College students looking to share a ride for a weekend getaway, a trip home or a spring break vacation now have a new option from a Purdue University-affiliated startup. UniRide – a ride-booking app for college students – was created by a group of students including Purdue industrial engineering and Krannert economics major Zurum Okereke.
- Industry leaders to discuss ethical supply chain at global conference
Purdue University’s Krannert School of Management will bring industry leaders to campus Friday (Feb. 15) for the spring 2019 Global Supply Chain Management Initiative (GSCMI) Conference, to be held in the Purdue Memorial Union. The theme of this year’s conference is “Ethical Global Supply Chain.” Industry leaders, faculty, undergraduate and graduate students are invited to attend.
- Playing chess in a world made for checkers: Algorithms designed for human instincts
Businesses of the past operated like a rookie playing darts, throwing something and hoping it sticks. But the explosion of big data, automation and machine learning have allowed today’s businesses to understand humans at an instinctual level, predicting their behavior before it happens, says Karthik Kannan, the Thomas Howatt Chaired Professor in Management and director of the Business Information and Analytics Center at Purdue University’s Krannert School of Management.
- Partners in Progress: Krannert alums open niche-focused co-working and incubator space in Indy
Refinery 46, a co-working and incubator space in Indianapolis targeting the home services and construction industries, marked its official opening in 2018 with a ribbon-cutting ceremony attended by the city’s mayor. Co-founders and Krannert School alumni Brian Schutt (BSM ’03) and Jesse Cross (BSM ’02), however, have been working toward the concept for many years.
- Purdue names vice provost for diversity and inclusion
John Gates, an administrator in the School of Engineering and Applied Science at the University of Virginia, has been named as Purdue University’s vice provost for diversity and inclusion. Gates also will serve as clinical professor in the Krannert School of Management. “I’m humbled and honored to be joining Purdue University with its longstanding commitment to excellence,” Gates said. “I believe that diversity is excellence expressing itself through the intersections of perspectives and lived experiences. I look forward to working with the faculty, staff and students in this shared endeavor.”
- Fortune 500 CEO and Purdue alumnus Sam Allen endows Krannert School deanship
A Fortune 500 CEO and Purdue University alumnus has created an endowed deanship at his alma mater’s business school. Samuel Allen, chairman and chief executive officer of Deere & Co., made a $5 million gift to name the deanship and provide resources for strategic initiatives within the school. The position will be known as the Dr. Samuel R. Allen Dean of the Krannert School of Management.
- HR tech company appoints Krannert’s Michael Campion to help guide continued ethical AI development
Michael Campion, the Herman C. Krannert Chaired Professor of Management at Purdue University, has been appointed to a newly created Expert Advisory Board at HireVue, a provider of comprehensive AI-driven talent assessment suite and video interviewing solutions. The board will help guide ethical AI development and advise on issues of diversity and inclusion, algorithmic bias and data security and privacy.
- Who Gets Blamed When a Group Project Goes Wrong?
Consequences stick to some team members more than others, according to a new study of retracted academic papers based on research co-authored by Krannert Professor Susan Feng Lu. The researchers looked at retracted academic articles with multiple authors and compared how frequently each author continued to be cited by fellow scholars following the retraction. Crunching the numbers, they found that the more junior members of the team saw a substantial decline in citations of their work, while the more eminent members experienced little or no change.
- Krannert prof among three Purdue University researchers to advance innovations through $100,000-plus in funding
Three Purdue University researchers have received a total of $121,000 from the Trask Innovation Fund to further develop their technologies and move them through the commercialization pipeline. Mohammad Rahman, an associate professor in the Krannert School of Management, was awarded $21,218 to further develop a scalable platform that enables enterprises to perform real-time computations across private ledgers without needing to disclose confidential information in the ledgers to anyone, including the platform.
- Global business school powerhouses to offer dual degree program in business analytics
Leading Indian business school NMIMS is teaming up with Purdue University’s Krannert School of Management to offer students two degrees in the rapidly growing field of analytics. Upon successful completion of the two-year program, participants will earn a Master of Business Administration in decision science and analytics from NMIMS and a Master of Science in business analytics and information management (MS BAIM) from Purdue.
- Purdue-affiliated Brightlamp launches smartphone app that can rapidly monitor the brain for signs of concussion
High school athletes who sustain a concussion are three times more likely to sustain a second concussion, and a lack of proper diagnosis and management of concussion may result in serious long-term consequences, or risk of coma or death. Brightlamp Inc., a Purdue University-affiliated startup co-founded by Krannert grad Michael Heims and Purdue engineering and science alumnus Kurtis Sluss, has launched an application that lets a smartphone user quickly record data that can be sent to a medical trainer or other medical professional who can objectively determine if that person has sustained any neurological disturbance with potentially serious long-term health repercussions.
- Research study coauthored by Krannert prof shows that work-life flexibility is a challenge up and down the pay scale
When it comes to work-life flexibility, upper- and middle-level employees face challenges, but they are generally gaining options. Meanwhile, lower-level employees are still getting the short end of the stick, according to an Academy of Management Annals article coauthored by Ellen Ernst Kosssek, Purdue University's Basil S. Turner Professor of Management and research director of the Susan Bulkeley Butler Center for Leadership Organizational Behavior/Human Resources
- Krannert undergrad program ranked #11 for ROI among nation's top business schools
The 45 million Americans currently navigating paying off federal student loans have a collective $1.5 trillion in debt, a total that climbs every year. Even so, an undergraduate degree is one of the most important contributors to financial stability and achieving a higher socio-economic level. That makes attending an elite institution like Purdue's Krannert School — ranked #11 by Poets & Quants for return-on-investment among the nation’s top business schools — a sound decision if either goal is a priority.
- Investing in the Environment: Giant leaps in pollution abatement
Countries across the globe now use emissions trading systems to reduce pollution more cost-effectively. But what incentives do these tradeable-permit markets offer companies to invest in advanced pollution abatement technology? Purdue’s Tim Cason, the Gadomski Chair of Economics and director of the Vernon Smith Experimental Economics Laboratory (VSEEL) at the Krannert School, is addressing that question through experimental economics. He most recently investigated the topic in a paper co-authored with United Kingdom colleague Frans de Vries from the University of Stirling for Environmental and Resource Economics.
- Krannert undergrad program ranks #11 for ROI among the nation’s top business schools
For tens of millions Americans, student loan debt is a major pain. The 45 million Americans currently navigating paying off federal student loans have a collective $1.5 trillion in debt, a total that climbs every year. Even so, an undergraduate degree is one of the most important contributors to financial stability and achieving a higher socio-economic level. That makes attending an elite business school like Purdue's Krannert School — which Poets & Quants ranks #11 for return-on investment — a sound decision if either goal is a priority.
- Purdue gender equality expert says Time's Up movement must continue to gain awareness
The Time's Up movement against sexual harassment, founded a year ago, has made tangible progress in the world of showbiz and beyond by fostering solidarity and encouraging women to speak out. "At a public awareness perspective, we are better than we were a year ago," says Ellen Kossek, a professor of management at Purdue University, citing the number of high-powered men who have been fired over their behavior. Still, she says, more needs to be done.
- Business Education in a ‘Jetsons’ World: Krannert Professor Karthik Kannan on how we can help prepare students for the new-collar economy shift
This economy is almost exactly the one we were promised. Decades ago, when we imagined the future, the world looked like the one depicted in “The Jetsons,” where people commuted to work in flying cars and managed robots from their desks by hitting an array of multi-hued buttons. Admittedly, we don’t yet have flying cars (though we may soon have autonomous ones). But the Jetsons-esque world we dreamt of is finally being realized.
- Top Purdue Research News from 2018: Krannert prof Mohammad Rahman on the inequalities of a sharing economy
Neighborhood tourism, air quality for babies, service dogs for vets, and an answer to whether money buys you happiness were among the most popular news stories released by Purdue University in 2018. Articles about these research efforts appeared in The New York Times, The Washington Post, USA Today, NBC News, and thousands of other media outlets around the world, including a study by Krannert's Mohammad Rahman about the lack of economic spillover to black and Hispanic communities within the growing platform of home sharing.