College of Business News

Businesses from Bozeman, Great Falls, Miles City, Ronan and Three Forks are winners of the 2011 Montana Family Business awards.

The businesses, which range in size from fewer than 10 employees to more than 50, will receive their awards at the 2011 Montana State University College of Business State Farm Insurance Family Business Day, set for Friday, October 7, at the Holiday Inn in Bozeman.

The 2011 top family businesses in Montana are: Frieling Ag Equipment of Great Falls in the very small business category (fewer than 10 employees); Don Aadsen Ford of Ronan in the small business category (10 to 30 employees); Stevenson & Sons Funeral Home of Miles City in the medium business category (30-50 employees); Billion Auto Group of Bozeman in the large business category (more than 50 employees); Montana Monster Munchies, LLC of Bozeman in the new business category (operating 10 years or less); Harrington’s Bottling Company of Bozeman in the old business category (at least 50 years); and Headwaters Seat Covers of Three Forks with a special recognition award.

Gerald Carisch, CEO of Carisch, Inc. will be the keynote speaker at a luncheon held prior to the awards ceremony at 11:30 am. Carisch’s presentation, “The Successes and Failures of a Family Business,” will draw from his family business experiences. Carisch, Inc. has owned and operated 95 movie theaters, ARCO (a medical transcription company), retail and office buildings in Minnesota and 85 Arby’s.

A $20 registration is required to attend the keynote luncheon and awards ceremony. For more information or to make a reservation, call Phyllis Johnson at 994-6796 or e-mail familybusiness@montana.edu. For more information about the program and past winners, please visit our webpage: http://www.montana.edu/cob/FamilyBusiness/FamilyBusiness.html.

The Montana Family Business program is in its 18th year. The MSU College of Business and State Farm Insurance, in honor of Robert Jaedicke, host the program. Stockman Bank underwrote the awards, with additional support for the program provided by the Montana Chamber of Commerce.

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The Montana State University College of Business (C0B) annual golf tournament is scheduled for Friday, September 23, 2011 at the Riverside Country Club in Bozeman. The four-member, scramble format tournament is open to all players and will begin with a 12:30 p.m. shotgun start.

As the only CoB fundraising event, the profits will be used to fund student enhancement programs and scholarships. At the last scholarship banquet, two “Friends of the Classic Open Benefit Golf Tournament” scholarships were awarded to business students Gargi Jagtap and Brooke Seagars.

Participants may sign up as single players or a team of four. The tournament entry fee is $125 per golfer ($500/team), which includes lunch, an entry prize, two mulligans, a Hole-in-One competition, the awards ceremony with tasty hors d’oeuvres, a raffle auction and great team and individual prizes. This tournament does sell out, so early reservations are encouraged.

Continuing the tournament tradition, players on the team with the best gross score will have their names etched in the prestigious traveling crystal trophy and receive the honor of displaying the trophy at their place of business throughout the year. Last year’s winning team, sponsored by Dotty’s, was comprised of Scott Eide, Dusty Fasbender, Eric Murphy and Adam Wrightson.

The tournament has been very successful in past years, and the CoB is excited about the positive feedback and interest received for this year’s tournament. The success is due largely to the generosity of the sponsors, prize donations and the enthusiasm and spirit of the golfers.

This year’s tournament co-sponsors are RightNow Technologies and Rudd & Company. Mountain West Bank and Old Chicago are the Cart Fleet Sponsors; First Interstate Bank is sponsoring the Mulligans and Pine Cove Consulting is our Hole-In-One Sponsor. Many businesses have contributed to the tee box sponsorships. All sponsors will be listed in the 2011 College of Business Annual Report Honor Roll of Donors.

For those who wish to make a contribution to the tournament, tee box and other sponsorship options are available. These contributions give participating businesses strong visibility at the event, as well as ensure the golf tournament’s success.

To reserve a spot in the tournament, for sponsorship options or more information on the CoB Classic Open Benefit Golf Tournament, contact Audrey Lee at (406) 994-7026 or e-mail her at audrey.lee@montana.edu.

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Each year, the Montanan State University (MSU) Alumni Association honors MSU graduates during Homecoming at the President’s Luncheon with its highest awards, the Blue and Gold Award and the Alumni Achievement Award.

Bill ’56 and Jean (Painter) Bradford ’57 of Billings are the recipients of the Blue and Gold Award along with fellow MSU alumni Dr. Bill ’52 and Marj (Johnston) Hunt ’56 of Bozeman.

The Bradford’s lives have always been about serving others – both professionally and personally. Billings and the State of Montana have reaped the rewards of such dedicated citizens. Bill spent the majority of his business career working for government agencies and Jean worked for two non-profits. Their volunteer time included work with the Boy Scouts, DeMolay, Scottish Rite-Masonic organization; Yellowstone County Council on Aging, Billings Chamber of Commerce, American Heart Association, Junior League, Rocky Mountain College Institute for Peace Studies, Job Connections Inc., and St Luke’s Episcopal Church. In additional to all their local volunteer efforts, they have also made time to enthusiastically support their alma mater – Montana State University. Bill served on a Greek advisory committee and is a member of the Quarterback Club. Jean served on the President’s Advisory Council for three separate University presidents and also served on the Statewide Advisory Board for MSU Athletics. Their financial support also spans campus wide. They are the ultimate sports fans and recruiters for Montana State. Both of their children graduated from MSU and this Fall, the legacy continues, as both of their out-of-state granddaughters will attend Montana State.

The Blue and Gold Award is the most prestigious award granted by the MSU Alumni Association. It honors those who have rendered lifetime service or who have brought national or international distinction to MSU or to the state of Montana. Candidates must have achieved prominence through service to one or a combination of: profession, family, country, world, university, philanthropy or humanity. Recipients of the Blue and Gold Award are recommended by the MSU Alumni Association Board of Directors to the president of the university.

For more information on Homecoming 2011 or the Alumni Award Recipients, please see the MSU Alumni Association website: www.alumni.montana.edu/events/homecoming.

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Stuart H. Bohart, President of Liquid Markets at Fortress Investment Group, will discuss “Investing in Complex Global Markets - Strategies for Good Times and Bad” at 4:10 p.m. Tuesday, September 20, in Leon Johnson Hall 339 on the Montana State University campus. Admission is free and open to the public. The lecture is part of the MSU College of Business’ David Orser Executive Speakers Forum.

Fortress Investment Group is a leading, highly diversified firm specializing in private equity, credit, real estate and hedge fund investments. Founded in 1998, Fortress has fourteen offices around the world.
Bohart was previously Co-head of Morgan Stanley Investment Management, responsible for $400 billion of client assets across retail and institutional strategies, including cash management, equities, fixed income, hedge funds, quantitative strategies, and fund of funds. Bohart joined Morgan Stanley in 1997 as a portfolio manager, and subsequently held various roles, including head of global prime brokerage and head of alternative investments. He was also a member of Morgan Stanley’s Management Committee. His previous employment includes portfolio management roles at Harvard Management Company and Banker’s Trust.

Graduating from Northwestern University in 1989, Bohart holds dual degrees in Economics and Asian Studies. He has lived and worked in Beijing, Tokyo and London. He currently resides in New York City with his wife and three daughters. Bohart is Chair of the Advisory Board of the Smithsonian’s National Museum of African Art and is active in the Mayor’s Fund to Advance New York City through his involvement in Greater NY.

The MSU College of Business’ David Orser Executive Speaker’s Forum is named for David B. Orser, a 1966 MSU graduate who started funding the program in 1988 in order to inspire MSU business students to pursue careers as innovative, responsible and ethical business leaders. For more information about the forum, contact Audrey Lee at 406-994-7026 or audrey.lee@montana.edu

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Do you need to update your professional look? Do you know what you will wear to your job interview?

The College of Business (CoB) already emphasizes the importance of professional appearance for final presentations to clients in the upper-division consulting classes, when participating in academic competitions against other universities and, especially, when attending the fall and spring recruiting fairs. Recognizing it can be difficult for college students to afford business attire, CoB student leaders looked at ways to help improve student professional appearance and developed a service project they called “The Executive’s Closet.”

This is the second Executive’s Closet and it provides an opportunity for CoB students to acquire professional quality clothing, with business professionals in the community donating ‘gently worn’ business outfits and accessories.

The Executive’s Closet will be available September 7-8 starting at 8:30 am and running until 5:30 pm and September 9 from 8:30 am - 2:00 pm. The Executive’s Closet is located at the Bracken Center in Reid Hall on the 4th floor.

This event is brought to you by the MSU College of Business student clubs and the Bracken Center. For more information, please contact Linda Ward, lward@montana.edu or 406-994-1995.

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Issues in Accounting Education announces the appointment of Anne L. Christensen, MSU College of Business Accounting Professor, as a member of the Editorial Board (2011-2012). Issues in Accounting Education is one of the three primary publications of the American Accounting Association. The mission of the journal is publish research, commentaries, instructional resources, and book reviews that assist accounting faculty in teaching and that address important issues in accounting education.

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