by Katherine Norris | Feb 7, 2020 | Academics, COBA Faculty, Current Students, Financial Management, Research, Uncategorized
Jody Jones mentoring the STAR Fund Managers
Do you know about everything that goes on in COBA? We have so many awesome student programs, that chances are, you may have missed a few! STAR (Student Trading and Research) is a program where students learn to research an investment portfolio and trade assets based off their information. STAR began as an idea in 1999 and with an initial gift by a generous donor of $110,000 in June of 2000, ended its first full year of operation in 2001. Today, STAR manages a portion of ACU’s endowment and reports to the ACIMCO Board annually. STAR began as a student organization guided by Dr. Terry Pope and Dr. Jonathan Stewart. Now, students can earn course credit while they earn valuable real-world experience.
That kind of learning is something that Assistant Professor of Finance Dr. Jody Jones, who began teaching at ACU this past fall, is passionate about. Jones took over the STAR course after Dr. Pope retired last spring. Jones feels that one of the greatest learning opportunities that STAR affords is autonomy to the students in learning to make financial decisions. “All decisions are made by students. Although a faculty member helps guide decisions, the buying and selling of assets is dictated by student managers.”
Since inception, STAR has achieved an average return of nearly 50 basis points above its benchmark: S&P 500
Total Return Index. That’s reason enough to celebrate for any advising firm but this week STAR hit a huge milestone – the portfolio currently holds an outstanding $1.5 million.
Why is that such an important milestone? Dr. Jones explained, “The rising value of STAR allows students to better diversify and have more freedom in investment decisions. With the primary goal of the course being educational, students can buy and sell many assets and gain a broad perspective on the market. Also, this year will make it the first year that STAR has made distributions. The fund will return 4.5% of its value to the endowment to support scholarships, campus initiatives, and operations of the university.”
While STAR mainly consists of finance majors, anyone who is interested can join and is encouraged to do so. If needed, students can even apply to receive course credit for being a fund manager.
Dr. Jody Jones loves his profession for more than the numbers. He is passionate about integrating faith into his work and teaching. “While many of the student managers intend to work in the investment and financial services fields after graduation, financial management is important for all organizations and households. Stewardship is also a spiritual discipline.”
by M. C. Jennings | Jan 30, 2020 | Academics, Alumni Spotlight, Careers In..., Current Students, Outcomes, Professional Development, Uncategorized
Christian Guerra speaks to students at a Lunch and Learn event.
ACU’s Career Center, Department of Engineering and Physics, and College of Business Administration worked together to host ACU alumnus Christian Guerra (’06) on January 28th. Christian serves as the Vice President and General Manager Operations for Avanzar Interior Technologies and returned to campus to address engineering, physics, and business students about the career opportunities available in automotive manufacturing. Christian was joined by other Avanzar team members including C.D. Rodriguez, who serves as the Human Resources Manager. Avanzar, an award winning manufacturer located in San Antonio, Texas, is a Toyota Motors production partner who manufacturers the seats for the Toyota Tundra.
The Toyota automotive manufacturing production standards are truly world class and give Avanzar employees the tremendous opportunity to learn best practices and work to produce top of the line products. Christian gave students insights into the internship and career opportunities available with their company as well as the company culture. Guerra was a student worker for former COBA Dean Dr. Rick Lytle when he was at ACU. He shared with students that Dr. Lytle impressed on him the need to be “Christ in the workplace”. Christian said that he puts this lesson into practice every day as he works to lead this family owned business with 1,100 associates in San Antonio and 200 associates in Mexico. He also reflected on his time in LYNAY and Dr. Gary McCaleb’s encouragement to go back to your community and help where you can. Christian took this advice, returned home, and is helping Avanzar provide an excellent work opportunity for employees in his hometown of San Antonio. This same work ethic is exemplified throughout the Avanzar organization. Berto Guerra, founder of Avanzar and ACU Board of Trustee, was honored by EY as the 2015 Manufacturing Entrepreneur of the Year.
Addressing work challenges through effective teamwork is critical at Avanzar. In their visit to the Engineering Department, the Avanzar representatives had a chance to observe current students working in teams to determine objectives and alternative solutions all while
Engineering, physics and business students were invited to learn about careers and internships with Avanzar.
operating with constraints during their engineering classes. The opportunity to work with ACU engineering, physics and business students aligns with the needs of the manufacturer both with regard to their work ethic and with their Christ-centered focus in the workplace. HR representative C.D. Rodriguez was impressed with the Engineering and Science facilities and enjoyed meeting the professors and students, stating that they will be back later this spring to conduct interviews. COBA looks forward to creating more opportunities for our students as we continue to collaborate with our partners in the ACU Career Center and across campus. To learn more about the ACU Career Center and job and internship opportunities, click here.
by Katherine Norris | Jan 23, 2020 | COBA Faculty, COBA Staff, Current Students, Outcomes, Placement stories, Student Spotlights, Uncategorized
Zach Jennings
Zach Jennings is a Management major from Abilene, Texas and graduated in December 2019. Zach interned with Edward Jones this last summer. “I learned the basics of what it takes to be a financial advisor. I got to work with other offices and two other interns in town. There were about 200 interns nationwide, so having even one intern in Abilene was awesome, but we had three!”
As Zach prepared for graduation, he also prepared to begin work with Edward Jones as a financial advisor. He says, “I believe my time at ACU helped me find out what I wanted to do moving forward. Not only did it prepare me for my future career, but I grew so much in my relationship with God because of the wonderful people here.” Zach found that he wanted a career with Edward Jones after his experience as an intern and is looking forward to the great opportunities laid before him.
Zach enjoyed his college career at ACU. We asked him what his favorite thing about being a part of COBA was and how the environment influenced his growth throughout his time here. “My favorite thing about COBA was attending Leadership Summit. I grew a lot in the Lord and made so many good friendships as well. It was a refreshing and soul-quenching experience. I would say that ACU offers not only some of the best education programs out there, but what makes ACU great is the community. You actually get to know your professors and you’ll realize they want to get to know you too. The community of ACU is welcoming, inclusive and Christ-like. The people here are what sets ACU apart from the rest.”
Helping students find how their gifts and talents can be used for God in the workplace is something COBA is passionate about. For those students who aren’t sure what career path they want to take, COBA and ACU provide exploration through the COBA Edge professional development program and the guidance offered at the Career Center. To learn more about the COBA Edge program, students can email Steph Brown at srb19c@acu.edu. Students can also learn more about internships, interviewing, and career search information by reading the COBA student newsletter, looking through Handshake, or contacting Steph Brown or the ACU Career Center.
by Katherine Norris | Dec 27, 2019 | Academics, Accounting, City of Abilene, COBA Faculty, COBA Staff, Current Students, Financial Management, Human Resource Management, Marketing
As we come to the end of our “Why I Teach” series, we (the student workers, Katie Norris and Maddy Crockett) wanted to take a moment to appreciate the professors.
Each and every one of the professors works endlessly and dedicates their time to us and for us. We have compiled a few comments from students around COBA to give snippets of appreciation for their professors. Many professors are not mentioned-but nevertheless, they are just as appreciated.
Dr. David Perkins
“Dr. Perkins was my first accounting professor in COBA. The thought of taking an accounting class was terrifying to me, but thank the Lord for Dr. Perkins. His heart is so gentle and kind and he cares SO much. He truly wants the best for his students and that is so evident in the way he builds relationships with them.” – Presley Davis, junior management major
“I appreciate Dr. Perkins’ attention to detail when it comes to teaching and making sure the class understands what is being taught.” – Sam Onstead, freshman financial management major
Dr. Dennis Marquardt
“He has given me great advice on pursuing my career and I always loved his class. He is always motivated and excited and he is also very personal with everyone in class.” – Joseph Crockett, sophomore management major
“He always sees the best in everyone and is a great listener!” – Bryce Adams, junior financial management major
Dr. Ryan Jessup
“Dr. Jessup cares deeply about good education and teaching students to think critically. He has challenged me personally to think more intentionally about my education, career, and faith. Furthermore, he has taught me about the importance of making good decisions in business and in life. His classes are rigorous and challenging, but very rewarding. I appreciate Dr. Jessup’s desire to help students truly learn.” – Luke Stevens, senior marketing major
“I appreciate Dr. Jessup because he really cares about his students and he does a great job of keeping us engaged throughout the 
semester. He is willing to help his students when we ask. Dr. Jessup is a great example of a professor who teaches us about marketing as well as challenges us in our faith.” – Sloan Polvado, senior marketing major
Dr. Andy Little
“It is clearly evident that Andy cares about his students by the way he shows up and shares his knowledge with us. His class made me love learning about law! I appreciate him!” – Emily Goulet, junior accounting major
Dr. Don Pope
“I appreciate how Dr Pope creates intrigue behind business stats and engages his class in exercises to better understand the 
advertising and business world we live in through stats.” – Ben Fridge, sophomore financial management major
Dr. Katie Wick and Dr. Monty Lynn
“Shoutout to Dr. Wick and Dr. Lynn for making my mornings really awesome!” – Jose Rodriquez, Freshman
by Maddy Crockett | Dec 20, 2019 | Academics, Current Students, Faith Infusion, Student Spotlights, Student Spotlights
Senior management major, Autumn Flanders, recently completed her summer internship with a specialty coffee roaster based in Denver, Colorado. The Christian-based business’s purpose is to provide employment to young adults and teens who have been homeless and are looking to leave it behind. Flanders spent the summer in Denver aiding Purple Door in pursuing this mission.
Autumn explained that the internship held several roles for her to play. In her responsibilities, she wrote weekly blog posts that highlighted successful social enterprises around the US, she developed a year-long social media content calendar, worked to improve content for Purple Door’s media platforms, compiled and tracked data from customers and partners, helped cater a monthly event, and sold coffee at an REI conference. “I also assisted in the coffee production process by grinding the coffee, then packaging, sealing, and labeling the coffee bags”, Autumn said.
When asked what she enjoyed most about the internship, she shared that building relationships with her bosses and co-workers was huge, along with gaining first-hand knowledge of what it’s like to run a social enterprise. Autumn also appreciated engaging with customers at events and seeing regular customers while learning more about them. Connections with people were a big part of her experience.
“Interning at Purple Door Coffee provided me with an opportunity to cultivate my strengths,” Autumn explained when asked about
Mark Smesrud, Manager at Purple Door Roastery
how the internship will impact her future. She learned more about the types of future careers she might enjoy and what types of cities she might want to live in. “Now, when I look for future jobs, I have a better understanding of the types of work cultures and environments I prefer and the job sector that I would most enjoy working in”.
As a native to Abilene, Autumn learned a great deal from living in Colorado for the summer. When asked what grew her most, Autumn shared that being far away from home and navigating a new city were both difficult yet it pushed her to become more independent and confident in her own abilities. While at first learning new responsibilities and adjusting to the work environment of the internship was hard, looking back Autumn can see that she gained a greater understanding of the coffee industry, social enterprises, and what it is like to work with previously homeless youth and young adults.
For students looking for internships in the future, Autumn would share this advice: “[Students should] not be afraid to apply to internships in cities away from your home. I experienced a kind of growth that would’ve been more difficult to feel if I had been in my comfort zone near friends and 
family. Living in a new state gave me a unique perspective and allowed me to experience a city with a different culture and get out of my bubble. Even though it can be scary interning in a new city, it is worth it because of the type of growth you can experience, both personally and professionally”.
by Katherine Norris | Dec 18, 2019 | Academics, Current Students, Faith Infusion, Social Entrepreneurship, Student Spotlights
The American Enterprise Institute (AEI) is a public policy think tank and research program that works to advance ideas rooted in democracy and free enterprise. Recently, three ACU College of Business students were accepted into the initiative on Faith and Public Policy Honors Weekend Program. Bryce Adams, junior financial management major, TX, Jemimah Wavamunno, junior management major, and the author of this blog (myself), Katie Norris, junior marketing major.
Going into the weekend, I can speak for all of us when I say that we had no idea what to expect. Bryce says that if he did have expectations, “They would have been exceeded. This program was inspiring, insightful, and has given me renewed motivation for a broader, Christ-centered vision.”
The main speakers were Brian Brenberg and Haley Robison, previously the CEO of Kammock. Each taught us how to recognize the underlying values and tensions that shape our decisions through a series of tutorials and practicums. We learned how to rethink our assumptions and take the bold first steps toward making our faith infused business ideas a reality.
Bryce Adams
I asked Bryce and Jemimah which of the activities stood out to them and what they pulled from it. Bryce responded, “I loved the workshop we did with Brian Brenberg that related to assumptions and biases. In that workshop, he illustrated how we bring a set of assumptions baked into our worldview. Deconstructing those assumptions and creating practical steps to identify those was extremely helpful and impactful for me.” Jemimah said that thing that most resonated with her was, “The first segment of Design Thinking with Haley Robison, where we developed themes, metaphors, and conflicts in our inner passions with a supportive group of people.”
Jemimah Wavamunno
Each of us took something inspirational away from the program and came home with an overall sense of bewilderment and motivation.
Bryce said, “I loved seeing the other impressive students in the program. Their visions of the future give me hope that the world truly can be changed and it starts with people like us. Sitting across the table from people my age with the same ambitions was empowering for me.”
Jemimah reflected, “1) Nothing I do is neutral, everything I do has a narrative. 2) God sometimes allows you to endure wounds for you to be aware of and attuned to. In this, your purpose for a specific season is born because our wounds are individual to us, and therefore keep us attuned to others who carry the same wounds.”
I left the conference with the realization that I had the resources I needed to expand my business all along, I simply needed to find the motivation. This program gave me the confidence I had been lacking to take the next steps in bringing my business, ChronicallyBrave, to its full potential.
Jemimah is on the council of AEI executives and has attended many of their conferences. “This program was set up more intimately than most other AEI conferences are (in numbers, and living arrangements), which allowed for more genuine personal relationships, making following up with the relationships we made easier. It did not feel like people were getting to know you to get one more connection, but genuinely getting to know you, to learn the best way to serve and support you.”
Katie Norris
We cannot recommend the program enough. The AEI team put together a truly motivating weekend experience and gathered some of the most inspiring faith based aspiring entrepreneurs that I have ever been in the same room with, nevertheless form life-long friendships with.
