University of Baltimore's Merrick School of Business Launches First-of-Its-Kind Master's in Artificial Intelligence for Business
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The University of Baltimore's Merrick School of Business has unveiled its leading-edge Master of Science in Artificial Intelligence for Business (AI for Business) program. The first program like it in Maryland, this innovative, 30-credit graduate degree, launching in fall 2024, empowers students to become leaders in the dynamic field of Artificial Intelligence (AI) and its business applications.
Equipping Business Leaders for the AI Era
In today's rapidly evolving business landscape, AI is seen as transformative for how companies operate. With decades of practical experience in business activity ranging from management to manufacturing, the Merrick School of Business understands the critical need for business leaders to harness this power and deploy it across the enterprise, with all of its potential and its challenges. The new program will equip graduates with the skills to use AI to tackle real-world issues across a variety of business disciplines.
"We're not just training programmers," explains MSB Dean Raju Balakrishnan. "This program focuses on the human element. Our graduates will understand the capabilities and limitations of AI, as well as the ethical considerations that come with its use. This sets them apart and positions them for success in the AI era."
Building on Baltimore's Tech Hub Initiative
The Merrick School of Business designed its AI for Business program with a forward-thinking approach. The curriculum aligns well to support the Biden administration's Regional Tech Hubs initiative and is in sync with the Greater Baltimore Committee's focus on applying AI and machine learning (ML) to the expansive field of biotechnology and healthcare.
"Baltimore is poised to become a leader in AI for healthcare," says Balakrishnan. "Our program provides the next generation of business leaders with the expertise to leverage AI and ML for clinical decision-making, bioethics, personalized medicine, and more."
Bridging the Gap Between Data and Action
The AI for Business program equips students with a well-rounded AI skillset. Students will learn about the different types of AI and their applications, including machine learning and generative AI. They will also learn how AI changes are affecting every part of the enterprise, from cybersecurity to sales.
Students will take skills-based courses in machine learning, Python, business analytics, and ethics. Additionally, the program offers a variety of courses focused on AI for a specific business area, such as management, marketing, entrepreneurship, finance, and accounting.
"AI can generate incredible insights, but it needs human expertise to be truly impactful," explains Balakrishnan. "Our graduates will be the bridge between data and action, ensuring ethical and responsible use of AI while mitigating potential biases."
Building on a Strong Foundation
The AI for Business program adds to the Merrick School of Business's already impressive portfolio of STEM-designated programs. The school recently revamped its M.S. in Accounting and Business Advisory Services program and its M.S. in Business-Finance degree to incorporate more analytics courses. Additionally, the school's M.S. in Cybersecurity Leadership program melds the tech side and business side of cyber and prepares students for high-level management roles in cyber organizations.
The University of Baltimore's Merrick School of Business is committed to providing students with the skills and knowledge they need to thrive in the ever-changing world of business. The new AI for Business program is a testament to this commitment, ensuring graduates are ready to lead the way in the exciting age of AI-powered business solutions.
Attend an upcoming admission information session.
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Bridge Relief Efforts Supported by MBA Alumnus
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Alan Tsao, MBA '21, B.S. '11 |
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School of Business alumnus Alan Tsao earned a B.S. in Business Administration degree in 2011 and an MBA in 2021. In 2017, His entrepreneurial spirit helped him found his company Tsao Baltimore, a watchmaker company based in in the city. The premise of his premium watch company is that each timepiece is proudly designed, assembled and established in Baltimore. The collection has names like Natty Boh Moon," named after the iconic beer brand, the "Torsk-Diver," named after a submarine docked in the Inner Harbor and the "Constellation" honoring the USS Constellation, a naval ship built in 1854. But now he has a new watch to design. One where the proceeds will go toward relief efforts for the families and businesses affected by the Francis Scott Key bridge disaster.
School of Business alumnus Alan Tsao earned a B.S. in Business Administration degree in 2011 and an MBA in 2021. In 2017, His entrepreneurial spirit helped him found his company Tsao Baltimore, a watchmaker company based in in the city. The premise of his premium watch company is that each timepiece is proudly designed, assembled and established in Baltimore. The collection has names like Natty Boh Moon," named after the iconic beer brand, the "Torsk-Diver," named after a submarine docked in the Inner Harbor and the "Constellation" honoring the USS Constellation, a naval ship built in 1854. But now he has a new watch to design. One where the proceeds will go toward relief efforts for the families and businesses affected by the Francis Scott Key bridge disaster.
After bridge collapse, Tsao decided to use the steel from the wreckage to create commemorative, limited-edition watches. He obtained permission to use 200 pounds of salvaged steel to create something beautiful out of something so tragic. The media was so intrigued by this story that not only did local news outlets take notice, so did Inc. Magazine.
Tsao was profiled in a past iteration of the MBA program's promotional brochure and said at the time, "As I've worked to turn my passion for vintage watches into a viable business, I've had to develop strategies for manufacturing, distribution and growing my company. Eventually I plan to establish both a production and retail presence in Baltimore. My MBA program is giving me great information and ideas about best business practices. But I'm also learning about being an entrepreneur, about creating innovative opportunities and being willing to take a leap."
Well Alan, it looks like your hard work, tenacity and UBalt education has you on a successful path.
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Vital Signs 22 Traverses the 'New Normal' in Baltimore
Vital Signs 22, the latest in a series of reports created by the Baltimore Neighborhood Indicators Alliance-Jacob France Institute at The University of Baltimore, provides an analysis of Baltimore City's "new normal," via a year's worth of data from 2022, the first full year following the pandemic. Vital Signs 22 tracks more than 110 indicators that take the pulse of Baltimore's communities and explores neighborhood-level trends across eight different topic areas.
Vital Signs 22, the latest in a series of reports created by the Baltimore Neighborhood Indicators Alliance-Jacob France Institute at The University of Baltimore, provides an analysis of Baltimore City's "new normal," via a year's worth of data from 2022, the first full year following the pandemic. Vital Signs 22 tracks more than 110 indicators that take the pulse of Baltimore's communities and explores neighborhood-level trends across eight different topic areas.
The data discussed in the report highlights how changes in data availability, accessibility, collection, and sharing over the past few years have shifted the question and answers that emerge in data analysis.
In 2022, for example, the population of children under five years of age appears to be declining in some Baltimore neighborhoods. More research is needed to understand if this data is related to undercounts from the 2020 census, overall declining fertility rates, or community level population change. Additionally, analysis of event permit data shows that between 2018 and 2022, block parties have declined by 43 percent in the city. While most communities lost block parties during that period, the greatest losses are concentrated in four adjacent communities in west Baltimore.
Vital Signs 22 also details declines in the rate of emergency calls through 911, despite an increase in the overall Part I crime rate. Given that the rate of 911 calls provides a barometer for use and trust in emergency services, the causes of this decline should be investigated further. Additionally, while the housing market struggled in 2022 as interest rates rose, the number of residential rehabilitation permits rose, suggesting that investment is being made in maintaining and improving homes in Baltimore.
This year, the report introduces three new or returning indicators:
- percentage of the population that works from home
- rate of evictions per 1,000 residents
- rate of car crash reports per 1,000 residents
Importantly, the return of the rate of evictions indicator is a first step to better gathering data related to the conditions and challenges faced by Baltimore's renters.
Vital Signs 22 chapters, visualizations, and maps are available for review on BNIA-JFI's website. An executive summary of key findings are detailed in the report's introduction. Data described in Vital Signs 22 are available for download through the open data portal.
Baltimore community and neighborhood groups are invited to find out more about Vital Signs indicators pertaining to their neighborhoods.
Send an email to bnia-jfi@ubalt.edu to schedule a virtual or in-person presentation.
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Dean's Message
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As my first year at The University of Baltimore ends, I can reflect on why this institution is so distinct—it’s the people. From my first days, I discovered that the faculty and staff have a passion for continuously improving what we offer our students and of course, those actions help the organizations that employ them.
For example, we took a hard look at our Master of Science programs this past year and revised the curriculum to reflect what students need and what employers want—more analytics and more technical master's degrees. We even have sought STEM designations by the U.S. Department of Homeland Security. Each of our four master of science programs will have this important designation as of fall of 2024.
One of the accomplishments I’d like to applaud our faculty for is the creation of the new M.S. in Artificial Intelligence for Business program which will launch this fall. Think about it, there isn’t a day when some media outlet isn’t talking about artificial intelligence. To prove my point, in the past 24 hours of my writing this message, there were 3,640,000 Google news article results on the topic of AI. Suffice it to say, it’s a hot topic. But beyond Nvidia’s stock price, deep fakes, and how AI might affect the jobs of humans, there are applicable business and operational purposes to consider and to learn about.
That’s why our faculty’s efforts this year to create Maryland’s only AI degree in a business school should be celebrated. Our program touches on the hardware and software used in AI and machine learning, but the differentiator focuses on the “how.” We’ll be teaching how you and I will use it and we’ll let the state’s engineering and computer science schools teach the nuts and bolts of technology.
The AI program is important to the state because it will train the next generation of leaders on how to embrace AI and ML technology—how to use it and lead organizations with it—ethically and operationally. It is an exciting opportunity for us and the University.
Now, this new program doesn’t displace the importance of some of the other initiatives that made headlines this year, including our new MBA partnership with UMBC’s M.S. in Engineering Management that allows students from both programs to double count credits towards both degrees. We are also excited about our new international partnerships with several reputed universities including India’s Vellore Institute of Technology.
I hope you are starting to see a theme here—when it comes to applied business education, UBalt continues to be on the leading edge. We never rest on our past successes, and we certainly face obstacles, but together, we’ll impact the way business gets done in Baltimore and beyond.
We are a school with a growth mindset. Our latest programs and curriculum changes require added instructors with the ability to teach the next generation of business leaders. We have spent the last few months reviewing the credentials of prospective new faculty and in doing so, we have looked to hire enthusiastic and committed people who are inspired by the tenacity of working adults and who can share their knowledge of a modern business world.
As we continued to build for the future, we took a hard look at ourselves and made some important choices. As a school, we reviewed the way we ran the school, and we chose to tackle the traditional departmental silos that could impede innovation. One way we are changing is by taking an interdisciplinary approach to faculty staffing. Instead of multiple academic departments and associated chairpersons, we now have one “Chair of the Faculty” and synergetic groupings of faculty by academic disciplines. I was pleased to appoint long-time professor of marketing, Ven Sriram, to the faculty leadership position. As head of the faculty, Dr. Sriram has the insights to bridge the needs of faculty and students, making for better decision-making and effective planning.
In the fall, a team of AACSB accreditation reviewers will come to campus and look at what we have been doing to improve not only our policies and processes, but what we are doing to make business education better, more innovative and beneficial for our students and the business community we serve. From my perspective, my first year has solidified my bullish outlook that our students are well cared for, and our UBalt alumni should be proud that one day soon our new graduates will join them in the workforce with the skills and competencies needed today and tomorrow.
Sincerely,
Raju Balakrishnan, Ph.D.
Dean
As my first year at The University of Baltimore ends, I can reflect on why this institution is so distinct—it’s the people. From my first days, I discovered that the faculty and staff have a passion for continuously improving what we offer our students and of course, those actions help the organizations that employ them.
For example, we took a hard look at our Master of Science programs this past year and revised the curriculum to reflect what students need and what employers want—more analytics and more technical master's degrees. We even have sought STEM designations by the U.S. Department of Homeland Security. Each of our four master of science programs will have have this important designation as of the fall of 2024.
One of the accomplishments I’d like to applaud our faculty for is the creation of the new M.S. in Artificial Intelligence for Business program which will launch this fall. Think about it, there isn’t a day when some media outlet isn’t talking about artificial intelligence. To prove my point, in the past 24 hours of my writing this message, there were 3,640,000 Google news article results on the topic of AI. Suffice it to say, it’s a hot topic. But beyond Nvidia’s stock price, deep fakes, and how AI might affect the jobs of humans, there are applicable business and operational purposes to consider and to learn about.
That’s why our faculty’s efforts this year to create Maryland’s only AI degree in a business school should be celebrated. Our program touches on the hardware and software used in AI and machine learning, but the differentiator focuses on the “how.” We’ll be teaching how you and I will use it and we’ll let the state’s engineering and computer science schools teach the nuts and bolts of technology.
The AI program is important to the state because it will train the next generation of leaders on how to embrace AI and ML technology—how to use it and lead organizations with it—ethically and operationally. It is an exciting opportunity for us and the University.
Now, this new program doesn’t displace the importance of some of the other initiatives that made headlines this year, including our new MBA partnership with UMBC’s M.S. in Engineering Management that allows students from both programs to double count credits towards both degrees. We are also excited about our new international partnerships with several reputed universities including India’s Vellore Institute of Technology.
I hope you are starting to see a theme here—when it comes to applied business education, UBalt continues to be on the leading edge. We never rest on our past successes, and we certainly face obstacles, but together, we’ll impact the way business gets done in Baltimore and beyond.
We are a school with a growth mindset. Our latest programs and curriculum changes require added instructors with the ability to teach the next generation of business leaders. We have spent the last few months reviewing the credentials of prospective new faculty and in doing so, we have looked to hire enthusiastic and committed people who are inspired by the tenacity of working adults and who can share their knowledge of a modern business world.
As we continued to build for the future, we took a hard look at ourselves and made some important choices. As a school, we reviewed the way we ran the school, and we chose to tackle the traditional departmental silos that could impede innovation. One way we are changing is by taking an interdisciplinary approach to faculty staffing. Instead of multiple academic departments and associated chairpersons, we now have one “Chair of the Faculty” and synergetic groupings of faculty by academic disciplines. I was pleased to appoint long-time professor of marketing, Ven Sriram, to the faculty leadership position. As head of the faculty, Dr. Sriram has the insights to bridge the needs of faculty and students, making for better decision-making and effective planning.
In the fall, a team of AACSB accreditation reviewers will come to campus and look at what we have been doing to improve not only our policies and processes, but what we are doing to make business education better, more innovative and beneficial for our students and the business community we serve. From my perspective, my first year has solidified my bullish outlook that our students are well cared for, and our UBalt alumni should be proud that one day soon our new graduates will join them in the workforce with the skills and competencies needed today and tomorrow.
Sincerely,
Raju Balakrishnan, Ph.D.
Dean
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The Importance of Accounting and STEM
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The University of Baltimore's Merrick School of Business announced that its M.S. in Accounting and Business Advisory Services program's curriculum has been optimized to meet future market conditions and is now designated as a STEM (Science, Technology, Engineering and Mathematics) program. The University received the approval of the Maryland Higher Education Commission on April 4. It will begin offering this curriculum in the fall of 2024. This designation recognizes the program's emphasis on the growing role of technology and data analytics in the accounting profession.
"We are so excited that our M.S. in Accounting and Business Advisory Services joint program with Towson University is now STEM-designated," said Mikhail Pevzner, professor of Accounting and graduate business program director at The University of Baltimore. "It reflects our commitment to training the current and future generations of accountants in skills the accounting marketplace needs."
The program's curriculum has been updated to reflect the evolving demands of the profession, including a focus on:
- Data Analytics
- Technology
- Generative AI
These advancements are fundamentally changing the way accounting services are delivered across all areas, from audit and tax to advisory and management accounting.
The recent changes to the CPA exam, incorporating explicit testing of data analytics and technology knowledge, further underscore this trend. As Prof. Pevzner states, "This new 'CPA Evolution' content emphasizes the reality that accounting is becoming a data- and technology-driven profession."
The program provides students with the skills and knowledge necessary to succeed in a dynamic field. The program offers a flexible format, including courses delivered online and on-campus, making it ideal for working professionals seeking to advance their careers. UBalt and Towson University established the program's partnership in 2004; it allows students to enroll in accounting courses at both universities.
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Business School Aligns with UMBC's College of Engineering
An agreement between The University of Baltimore's Merrick School of Business and the College of Engineering and Information Technology at UMBC will offer students from both institutions enhanced opportunities for their graduate-level degrees and future careers. UBalt students may apply credits from the MBA program or the Post-Baccalaureate Graduate Certificate in Business Fundamentals to UMBC's M.S. in Engineering Management. UMBC students may apply credits from UMBC's M.S. in Engineering Management, Post-Baccalaureate Graduate Certificate in Project Management, or the Post-Baccalaureate Graduate Certificate in Engineering Management to UBalt's MBA. This collaborative effort to satisfy certain requirements for these programs is intended to increase the marketability of students at both institutions, as they build out their career paths in a growing number of fields that require multiple areas of focus.
An agreement between The University of Baltimore's Merrick School of Business and the College of Engineering and Information Technology at UMBC will offer students from both institutions enhanced opportunities for their graduate-level degrees and future careers. UBalt students may apply credits from the MBA program or the Post-Baccalaureate Graduate Certificate in Business Fundamentals to UMBC's M.S. in Engineering Management. UMBC students may apply credits from UMBC's M.S. in Engineering Management, Post-Baccalaureate Graduate Certificate in Project Management, or the Post-Baccalaureate Graduate Certificate in Engineering Management to UBalt's MBA. This collaborative effort to satisfy certain requirements for these programs is intended to increase the marketability of students at both institutions, as they build out their career paths in a growing number of fields that require multiple areas of focus.
A candidate for an engineering job, for example, may benefit from having educational experience in business. The MBA degree, a stalwart of business professionals across a wide range of fields, is made even more attractive when combined with graduate-level learning in a vital area such as project management.
Both UBalt and UMBC are members of the University System of Maryland, the state's longtime organization of 12 colleges and universities, three regional centers for higher education, and the system office, all working together to improve the quality of life in Maryland. The partnership maximizes the strengths at each of the USM sister institutions so those seeking managerial education at UMBC will have access to programs offered by an AACSB-accredited School of Business and those in the UBalt MBA may continue to evolve their professional goals with technical skillsets offered by the UMBC School of Engineering.
"This agreement leverages the strengths of UMBC's engineering program and UBalt's business program to provide students with accelerated pathways to earn graduate degrees or certificates from both institutions,” says Dr. Raju Balakrishnan, dean of the Merrick School of Business. "This is another excellent example of how USM institutions collaborate to provide students with even more enhanced educational opportunities."
UMBCs acting dean of the College of Engineering and Information Technology Anupam Joshi adds, "We are excited to provide students from both institutions additional options to grow and acquire valuable knowledge and skills. We also look forward to exploring new ways to expand this partnership."
Admission into these collaborative courses is straightforward:
- UMBC students must be enrolled in or have completed an M.S. in Engineering Management or Post-Baccalaureate Certificate in Engineering Management or Project Management at UMBC. These UMBC students may apply to either or both of the UBalt programs in the final semester of their respective programs and will be subject to standard application procedures.
- Similarly, UBalt students will have to be enrolled in the MBA or the Graduate Certificate in Business Fundamentals and may apply to any of the UMBC programs in the final semester of their respective programs and will be subject to standard application procedures.
Both UBalt and UMBC will accept up to 12 transfer credits of the other institution's courses.
The introduction of the new collaboration is available to applicants in Fall 2024. For further details, visit UBalt's page.
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Assoc. Prof. Ting Zhang Wins UBalt President's Award
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Ting Zhang, associate professor of economics, has received the 2024 President's Faculty Award. This meritorious award is the highest that The University of Baltimore's president may bestow upon a member of the faculty, and is based on letters of nomination from the deans to a selection committee in the Office of the Provost. It is made annually to an individual who reflects the faculty's highest standards, and who has made significant contributions to the University and its educational mission, through teaching; research; scholarly or creative activity; and service.
In a letter nominating Prof. Zhang for the award, Ven Sriram, chair of the faculty in the Merrick School of Business, wrote, "In the classroom, Dr. Zhang is committed to engaging students by using innovative and cutting-edge pedagogy to make complicated and difficult subjects such as economics and statistics accessible and relatable to her students. Her techniques have been very successful as evidenced by her high student evaluations which have been recognized by her being awarded the business school's T. Rowe Price Excellence in Teaching award four times. She is also a faculty member who brings her research into the classroom, making the material more relatable and impactful to students who can see their real-world applications.
"Dr. Zhang is one of the leading scholars on entrepreneurship and aging, having published multiple books, book chapters and peer-reviewed academic journal articles, many of which have received widespread attention and academic citations—a proven metric of their relevance and impact. This important work has also been recognized by her being invited on journal editorial boards, awarded fellowships, and asked to serve on government panels and commissions as an expert. She has also been invited to give talks and keynote addresses at various government and other conferences. In addition, as a PI, Dr. Zhang has raised $5 million since 2019 contributing significantly to the Jacob France Institute. In recognition of this scholarship and contribution, Dr. Zhang has been the recipient of MBS's Harry Y. Wright research chair since 2020 and in 2023, was awarded the USM Board of Regent's award for Research/Scholarship.
"What is truly remarkable about Dr. Zhang as a faculty member is that she uses her innovative scholarship to drive ideas forward while at the same time sharing that knowledge creation with her students in the classroom. Her success in finding funders for her research is testimony to the value that governments and industry see in the work she is doing. All this work is not only disseminated in the classroom and in academic journals, but has received local and national media attention, bringing recognition to the University of Baltimore as well."
Calling her performance "stellar" in every way, Raju Balakrishnan, dean of the Merrick School of Business, added, "[It] is clear to understand why we in the School of Business (and in fact all of UBalt) should be very proud of Dr. Ting Zhang and her accomplishments. She has demonstrated superior accomplishments in all aspects of her work and is a very worthy recipient of the President's Faculty Award."
Prof. Zhang said, "I am deeply honored that my professional journey and future aspirations closely align with these esteemed criteria. Furthermore, I see UBalt's evolution towards a more impactful, urban-focused mission, an area where my background provides a strong foundation. I am enthusiastic about UBalt's mission and eager to expand my contributions in this direction."
She noted that her teaching places an emphasis on students' active engagement in learning.
"I incentivize creativity, leadership, diligence, progress, and extracurricular activities with bonus credit opportunities. Teaching economics enables me to naturally integrate the principles of private ownership and incentives into students' learning experiences, aiding their understanding of market mechanisms and, importantly, nurturing their leadership abilities. Students are encouraged to present, demonstrate, teach (with mentorship), and engage in experiential learning through research projects funded by my grants, promoting immersive and innovative learning methods over rote memorization. Many students have participated in my grant projects, gaining valuable experiences and accessing prestigious job opportunities, aligning with UBalt's mission of impactful career-focused education."
Learn more about Prof. Ting Zhang.
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Prof. Lingelbach's Book on Oligarchs a 'Big Ideas' Finalist at Goody Business Book Awards
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The Oligarchs' Grip: Fusing Wealth and Power, a new book by University of Baltimore Merrick School of Business David Lingelbach and co-author Valentina Rodríguez Guerra, a researcher and graduate student in business administration at the Facultad de Ciencias Económicas, Universidad Nacional de Colombia, is a finalist in the "Big Ideas" category of the 2023 Goody Business Book Awards.
In a description of the book on the Goody website, the authors write: "This is the first ever guide to oligarchs as a global and historical phenomenon. Today, more than 20 oligarchs serve as heads of state or government in countries such as Russia, South Africa, Lebanon, and El Salvador. Many have a net worth in excess of $1 billion, and they all—whether directly or indirectly—impact our daily lives. Who are they and how have they dominated our world? What lessons can we learn from them, and what might the future hold?"
The Oligarchs' Grip takes the authors' more than 25 years of research (including conversations with Vladimir Putin and other oligarchs), 16 case studies, and dozens of historical examples to develop the first-ever model revealing the strategies oligarchs employ to fuse wealth and power, and transition between the two. This model gives insight into how oligarchs use multiple control mechanisms to exploit an increasingly uncertain world.
Learn more about the Goody Business Award Finalist status of The Oligarchs' Grip.
Learn more about Prof. Lingelbach.
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Article on Age and Gender, Work-life Balance, Wins Award
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Do you have academic responsibilities? If you’re a student, of course you do! But you may also have responsibilities as a parent or family member, as an employee, as a volunteer, or as a community member. If you’re a manager, the stakes and demands are even higher. Sometimes these different roles and responsibilities may clash or conflict. That is, sometimes our different roles in life may interfere with one another—spending more time on one thing leaves less time for another.
We’d like to think that all of the students at The University of Baltimore spend each semester managing their responsibilities to logistical perfection, but the truth is that like anyone who strives to find balance, our students face some frustration in balancing these competing demands on our time.
For example, they face their professors’ requirements, their employer’s demands, and various commitments with their family and friends. They do the dance that millions of people do each and every day when they are trying to manage the tasks of work and life.
Being middle-aged brings some unique challenges. With an average age of 30 for our undergraduates (34 years of age for our graduate students and 28 years of age for our law students), one could only imagine what their current stage of life requires of them. And then if you consider that women represent 62% of our student body, you’ll really appreciate the work that one of our management professors has recently published.
In a recent article titled “The intersectional effect of age and gender on the work-life balance of managers”, co-authored and published in the Journal of Managerial Psychology by Kevin Wynne, assistant Professor of management at the Merrick School of Business, he and his team take a close examination of the intersection of age and gender on the work-family interface of 421 managers. They looked at how age and gender may both be crucially important factors in explaining when we may have more or less balance in our lives.
There is a great deal of research on gender, age, and work-life balance as separate topics, but there is much less when it comes to studying gender and age in tandem together. The authors use a social role theory framework to investigate the intersectional effects of age and gender roles on the work-life balance of managers. These relationships are likely complex and not straightforward. Thus, this study is the first true test of the non-linear interactions that describe the complex relationship between age, gender, and work-life balance, using a gender-balanced diverse sample of working managers.
“If you think about the milestones that occur in our lives after we begin our careers—like marriage, children, promotions—you begin to see the different roles that managers play in their work and personal lives,” said Wynne. “We see it interacting with each other in complex ways like when a manager’s work demands conflict with their family responsibilities. This can make it difficult for managers to achieve work-life balance.”
There were some interesting and informative results from the study. First, there is a “U” shaped pattern that pinpoints at the trough the heaviest load where someone’s professional and personal life converge the most. In other words, the middle stage of life usually involves some common themes, such as starting a family. The middle stage of life also usually corresponds with—and clashes with—the midpoint of one’s career, undermining work-life balance for people in this middle life stage, compared to when we’re younger (early career) and older (later career). Interestingly, if you look even closer by gender, the study reveals women are impacted very differently than men. This research shows that women do not necessarily enjoy the “benefits” that men do—for men, work-life balance rebounds later in life (later in the career), whereas, for women, work-life balance continues to stay at a lower level. The research paper talks about possible explanations for this.
No matter where you are in your career journey, the topic of work-life balance will arise sooner or later. As you build your career and make life’s personal choices, it is inevitable that you will be pushed and pulled by the expectations of each arena and occasionally be at the intersection of both. Your ability to persevere is important – and we’ll say that is one thing a UBalt student does best.
The Merrick School of Business is proud to celebrate Dr. Wynne’s research article that won the 2023 Emerald Literati Awards for Outstanding Paper. For 30 years the Emerald Literati Awards have celebrated and rewarded the outstanding contributions of authors and reviewers, not only to their journals and books but to the body of knowledge itself.
Learn more about Dr. Wynne.
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Perseverance paves way to and through college
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This article first appear on the UBalt website for a series called "Going First: First-Generation College Stories." Visit the page to view the associated video.
Resilience has been a defining trait of Ariel Brown-Wicks since her turbulent early childhood. It helped her overcome death, abuse and strained family relationships. It saw her through the seemingly impossible pursuit of a college degree—her family’s first.
Ariel graduated from The University of Baltimore in May with a bachelor’s degree in business administration. Next, she plans to pursue a M.S. in Interaction Design and Information Architecture at UBalt.
“You can get education advice from others, you can have the role models, but if it’s not in your heart to believe in where you’re going, you’re not going to get there,” she said. “For me, I believed in myself, I believed that I would get there.”
Ariel grew up in a loving but small two-bedroom apartment with her eight siblings and grandmother. Her mother struggled with drugs and her father was in the military; neither were part of her life.
“I thought that some kids have mothers, some kids have fathers and some kids just have grandmothers,” Ariel said. “I was happy. This was the norm for me.”
At age 5, she met her father the night her grandmother had a stroke. He was a stranger now given the opportunity to look after his daughter. The first time he introduced himself was as they drove away from the only home she knew to a new one she would share with him. She felt safe immediately.
Unfortunately, their time together was short. Her mother wanted the siblings to stay together. Soon, Ariel, about 8 years old, would move again into a shared foster home with some of her other siblings. But it was an abusive home.
“I knew at a young age that I was really smart. I was always in gifted and talented programs, I was always really creative. I could draw. And I knew that I wanted more for myself than the circumstances that I was in,” she said.
It would take years but she found the courage to speak up to a social worker. This single act of bravery would prove a turning point for Ariel.
She ended up with a woman she came to love dearly. This woman was the first to encourage Ariel to live a life she deserved rather than only dreamed.
“She always talked about me going to college and just being better and breaking generational curses, as she would say. And it was at that point with her that I knew that I could be more and go further than what I had been through,” Ariel recalled.
Now a teenager, Ariel fully immersed herself in school and sports and was all the happier for it. Her coaches helped her build her confidence.
While she was in high school, her father died. They stayed close even though they had been physically separated. It devastated her. Fortunately, by this time, she had built a new support system around herself to survive the new tragedy.
She persisted, finished high school and continued on to Coppin State University.
Ariel had a difficult time on her own in college, struggling in the ways many first-generation students do. Unlike in high school, she didn’t have role models to guide her.
After two semesters, she failed out. Around the same time, she had a son. Her life was changing rapidly. She forced herself to pause and carefully consider her future.
“When he was born, I realized that I didn’t want to repeat cycles of my past,” Ariel said. “When I was younger and going from my grandmother’s house to my father’s, then to my stepmother’s house, I moved around a lot and I didn’t want that for my son. … My child just gave me the inspiration to buckle down and get serious; to give him something that I didn’t have growing up: stability.”
Ariel knew a college degree could be a game changer. She decided to try again, but another way.
She enrolled at Baltimore City Community College. This time, in this format, she thrived. She accepted her associate degree like it was always waiting for her and moved on to a bachelor’s degree program at the University of Baltimore.
Ariel was drawn to its Entrepreneurship Fellows Program, which is part of the Merrick School of Business’ B.S. in Business Administration program.
She had already started a business, a virtual office that helps business owners run their back office. She knew she would benefit from more mentorship, for her business and herself. Getting a degree was a bonus.
“This school has far exceeded my expectations. I’ve loved my time here,” Ariel said. “Graduating has been amazing. I never thought that—well, I knew that I could do it, but it just seemed so far off from where I was and where I came from. And I’m just so proud of myself for graduating.”
Going First is an ongoing series highlighting the students, alumni, faculty and staff part of the UBalt community who were the first in their families to earn a bachelor's degree. Read more first-generation stories.
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Nearly 10-year journey is a dream fulfilled
Nearly 10-year journey is a dream fulfilled Shawn Frankton in UBalt Student Center
What's My Why? “It's something that always bothered me, that I didn't finish it. It just always bothered me. And I was like, you know, I'm doing well, I'm successful,” he said. “For me, I like to finish things that I started, and it was just something that I was, you know, I did it for a reason. … It was really for my family—something I promised my dad, and for my family now.”
Shawn Frankton remembers sitting around a fire pit with family and friends thinking if he wanted a college degree it was now or never.
He knew coming back to The University of Baltimore after a long hiatus wouldn’t be easy, but he wanted it, for his parents who never finished college, for his daughter to inspire her own path, and for himself and his own future.
“That journey starts with just one step and each step, it becomes clearer and clearer, and your confidence grows, and I was proud of myself,” said Frankton, a B.S. in Business Administration student.
Frankton took his final steps as an undergraduate student on Dec. 18, 2023 when he walks across The Lyric stage at his commencement.
The alumni network that he joins has some familiar faces. His mother-in-law, sister-in-law and brother-in-law are all UBalt graduates. Carole Demilio earned her J.D. at the law school in 1974. Emily Duvall received her J.D. in 2010. Eric Jolicouer, whom Frankton first met on campus long before they married into the same family, earned a B.S. in Management Information Systems in 2004.
Frankton knows having a degree will open new doors for him. His father, who worked in roofing, had told him that years before.
“My dad was a roofer all his life. He said, ‘Shawn, you don't want to do this work. You know, it’s good money, but it tears your body up.’ And he said, ‘I want to see you do well.’ If it hadn't been for him, I probably would have been a roofer.”
Frankton has been an engineer associate for Baltimore County. It was as high as he could climb—until now.
He has long had the work experience, but knowing the degree was within reach, he finally got a promotion to a position he couldn’t have until he completed his undergraduate studies. College took more time than Frankton anticipated. Life made him reassess his priorities more than once.
A desire for a degree He first came to UBalt in 2002 after transferring from Community College of Baltimore County. He felt the University was well suited for working adults like himself and he didn’t want to lose focus.
Balancing his schoolwork with his job at Sherwin Williams became difficult when Frankton was offered an assistant manager position. It was a major step up from his part-time role. About two years after starting, he decided to take a break from school while he grew into his new position.
Frankton did come back in 2010 to take a few more classes. He did well but quickly realized he couldn’t maintain a good GPA while also working 50 hours a week. He stopped out again. He wouldn’t re-enroll until spring 2023.
As the years went by, Frankton’s life moved forward. He got married, had a daughter, and took his job with the county. The opportunity he had never left his mind, though.
“It's something that always bothered me, that I didn't finish it. It just always bothered me. And I was like, you know, I'm doing well, I'm successful,” he said. “For me, I like to finish things that I started, and it was just something that I was, you know, I did it for a reason. … It was really for my family—something I promised my dad, and for my family now.”
An ideal support system After his epiphany at the fire pit, Frankton was ready. He knew he was a different person than when he first came to UBalt in 2002.
“It was a very big shock to me, to get my 45-year-old mind back into being a student,” he said. “And I know a lot of people are discouraged when they get a little older, but to be honest, I was in a better place to do it because I was ready to do it.”
His first step back to UBalt was connecting with Kathea Smith, assistant dean in the Merrick School of Business, to run an audit of his credits. Standing between Frankton and his degree were five classes. Smith and Matt Mazick, his adviser, encouraged him to keep going.
“Those two together were really good team. … I felt like I had them in my corner, and that did encourage me,” Frankton said.
With his confidence boosting as the days went on, Frankton powered through the spring semester and didn’t stop. When the work got harder, he got a tutor. He looked for help in ways he hadn’t considered the first time around. He also reserved time to study, something he knows he didn’t do when he was younger.
“I would put my daughter to bed and then go study. I would stay home on the weekends. It’s just a pause in your life that will pay off later,” Frankton said.
He also had a stronger support system this time, too, particularly in his wife and brother-in-law.
They will be in attendance when Frankton accepts his diploma on his graduation day.
And when that celebration ends, he can fulfill his other long-time dream—taking his family to Disneyland.
This article first appeared on the UBalt website for a series of student stories.
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Celebrating Student Excellence
Beta Alpha Psi President Earns 2024 Dean's Award
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In the vibrant tapestry of academic achievement and leadership at the Merrick School of Business, Nicolina Cecille Messercola exemplified dedication and service. IKn the spring she earned the prestigious Dean’s Award for 2024. Her journey at the University of Baltimore (UBalt) showcased a commitment to excellence across multiple dimensions.
Messercola’s tenure at UBalt has been marked by active involvement in various clubs and activities, where she has demonstrated her leadership prowess. As the former treasurer and current president of Beta Alpha Psi, she has not only oversaw the financial management and organizational aspects of the club but has also fostered a vibrant community within its membership. Under her stewardship, Beta Alpha Psi has flourished, with engaging meetings, volunteer activities, and insightful guest speakers enriching the experiences of its members.
In addition to her leadership in Beta Alpha Psi, she was a distinguished member of the Helen P. Denit Honors Program, where she was engaged in rigorous intellectual exploration and collaborative learning experiences. Her dedication to academic excellence was evident through her consistent placement on the Dean's List and enrollment in the Accelerated Business Bachelor's to Master's program, where she tackled challenging master's level courses.
Beyond her academic pursuits, she integrates community service into her life in a deeply meaningful way. Volunteering at an equine farm, she has positively impacted children with special needs, supporting their physical and emotional growth through patient guidance and encouragement. This experience underscores her belief in the transformative power of community service and reflects her commitment to making a positive impact beyond the university’s boundaries.
Her achievements have not gone unnoticed. Last semester, she was honored with the prestigious RSM Award for her outstanding academic achievements and contributions to the university community. Her journey at UBalt has been characterized by a relentless pursuit of excellence and a genuine desire to contribute meaningfully to her community.
Looking ahead, she plans to continue her academic and professional journey with the same passion and dedication that earned her the Dean’s Award. Her story serves as an inspiration to her peers and a testament to the Merrick School of Business' commitment to nurturing leaders who excel both academically and in service to others.
Congratulations to Nicolina on receiving the Dean’s Award—a well-deserved recognition of her outstanding achievements and exemplary leadership at the Merrick School of Business.
The following undergraduate students are some of the highest achievers in the Merrick School of Business. They were recognized by the faculty for their academic strengths.
- Thomas Anderson was awarded the "Real Estate and Economic Development Merit Award."
- Amivi Atsu received the "Ratcliffe Entrepreneurship Fellows Program Medallion."
- Elizabeth Clelland was awarded the "International Business Merit Award."
- Brooke Lee Humphreys Dr. Peter Lynagh "Marketing Merit Award."
- Bozkurt Karaoglan was awarded the "Data Analytics Merit Award."
- Nicolina Cecille Messercola was awarded the "General Business Merit Award."
- Elizabeth Sardelli was awarded the "Management Merit Award."
- Briauna Snowden was awarded the "Mary Lou Hudson Award" and the "Accounting Merit Award."
- Khristal Terry was awarded the "Finance Merit Award."
- Weslyn Vargas was awarded the "Human Resource Management Merit Award."
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Alumni Spotlight
Tanyeka Alexander | Embracing Opportunities
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Tanyeka Alexander, BS '14, serves as a Public Utility Auditor for the Maryland Public Service Commission. In her role, she monitors and researches emerging accounting and financial regulatory issues at federal, state, and industry levels, focusing on the electric and gas utilities sector. She performs financial analyses to determine the reasonable revenue requirement and adjusted net operating income for public utilities, conducts detailed annual financial investigations of purchased gas costs, and audits rate increase proposals. She prepares expert witness testimonies and delivers public presentations to support her findings in Commission docketed hearings and other administrative proceedings.
UBalt Professor of Accounting, Jan Williams shared that Tanyeka was a hard working student who always took advantage of opportunities to learn more about the accounting profession. She was an active student member of Beta Alpha Psi Honor Society and the Maryland Association of CPAs. During that time she learned the value of networking and has continued to do so in her post-UBalt career. Tanyeka's networking has opened doors for her to participate in events, such as the AICPA's 'Profession through the Eyes of Students & Young Members' panel, and the Maryland Society of Accounting and Tax Professionals, Inc., Accounting Leadership Institute. Also, she has been recognized for her volunteerism with the Maryland Society of Accounting and Tax Professionals, Inc.
Tanyeka recently sat down with the Merrick Exchange and shares some thoughts and advice about life after UBalt and ways to make the most out of your opportunities.
Merrick Exchange: Tell us about your career trajectory since completing your B.S. in Business Administration (accounting) at The University of Baltimore.
Tanyeka Alexander: Since completing my Bachelor’s degree at UBalt, I’ve started with public accounting, then I did some part-time contract roles. I’ve worked in private companies as well. The State of Maryland has been my longest employer. I started as a contract government employee in one State agency and immediately enjoyed the ability to have the same days off as schools and being able to spend more time watching my daughter grow and help more with the school. In all my roles, I recognized that quickly adapting and transferable skills were key to success.
Merrick Exchange: Why did you pursue a career in accounting/auditing?
Tanyeka Alexander: I pursued a career in accounting because I’ve always had a passion for math and dreamed of being a businesswoman. I envisioned myself in corporate meetings, like those I saw on TV, but also imagined sitting at a computer with a great view. I’m particularly drawn to compliance and performance, and I enjoy the investigative and argumentative aspects of my current role. The mix of detail and drama interests me.
Merrick Exchange: What is the best aspect of your job?
Tanyeka Alexander: The best aspect of my job is the incredible variety and depth it offers. I get to do everything I love, like writing, analysis, and speaking. Regulating monopolies, conducting audits, and tackling special projects keep my days dynamic and intellectually stimulating.
I also have the opportunity to weigh in on new and emerging issues that impact us today. Whether it’s discovering groundbreaking technologies or exploring innovative ways to generate energy, I’m constantly learning and adapting. Sharing my insights through writing and speaking allows me to contribute to the broader conversation in our industry.
Ultimately, my job is a perfect blend of intellectual challenge, creativity, and real-world impact. It’s incredibly fulfilling to know that my work not only ensures compliance and fairness but also helps pave the way for future advancements in the State.
Merrick Exchange: Describe a business challenge you have faced and what you have learned about yourself in trying to resolve that challenge.
Tanyeka Alexander: One business challenge I have faced is the fear of not knowing how to get started on something new. I tend to overthink and believe I need to learn more before performing the task. What I learned about myself is the importance of just getting started. Practice and tackling hard questions or new tasks are key.
I've learned to approach new challenges like a writing assignment. I begin with brainstorming, then structure the pieces where they fit. The beauty of brainstorming is that it provides multiple paths to reach the end result, reminding me that there are many ways to achieve success.
Merrick Exchange: How has mentoring played a role in your career?
Tanyeka Alexander: Mentoring has played a significant role in my career. I've had many mentors, with my mother being a key member of my personal board of directors. Having experienced individuals to bounce career encounters and ideas off of has been incredibly enriching. They’ve guided me through difficult situations and provided valuable insights where I needed more discernment.
I also believe that life’s experiences are the greatest mentor. These experiences have shaped my understanding that possibilities are limitless and that I don't have to conform to others' expectations. This mindset has empowered me to explore various paths and embrace my unique journey.
Merrick Exchange: In what ways do you like to give back to the community?
Tanyeka Alexander: I love giving back to the community in ways that align with my personal interests, like math, reading, the outdoors, arts, crafts, and photography. When I volunteer, I often work with youth, speaking about financial literacy and engaging in activities that help them learn and bond.
I've volunteered at my daughter's middle school to discuss the career of a Public Utility Auditor. I’ve also volunteered every year with the school’s librarian at the Scholastic book fair. In my sorority, Sigma Gamma Rho Sorority Inc. (Lambda Delta Sigma Alumnae chapter), I've participated in events like the Annual Youth Symposium, March for Babies, Operation Book Bag, and Project Wee Savers, a financial literacy workshop for students aged 8-18. I also help as an extra pair of hands at youth events.
Additionally, I've volunteered at First Fruit Farms, picking vegetables and packing potatoes which they donate to families, and with BillionGraves, taking photos of burial plots at memorial veteran cemeteries. That is one of the most peaceful volunteer opportunities. Recently, I was recognized by the Maryland Society of Accountants and Tax Professionals (MSATP) for various volunteer opportunities with the Society. Volunteering allows me to combine my passions with meaningful community service.
Merrick Exchange: What has been the most important thing you’ve learned to succeed in business or life?
Tanyeka Alexander: The most important thing I’ve learned is to embrace my authentic self. I’ve realized that true fulfillment comes from being who I am, not from trying to meet others’ expectations. My uniqueness is my greatest strength.
Merrick Exchange: What characteristics do you see in successful leaders and why do you believe that?
Tanyeka Alexander: Successful leaders embody empathy, influence, and honesty. Empathy is vital because it allows leaders to genuinely understand and connect with their team, creating a supportive environment. Influence is important as it inspires and motivates people to strive for their best. Honesty, above all, builds trust and credibility, which are essential for strong leadership. I believe these characteristics are crucial because they not only make leaders effective but also endear them to their teams, fostering loyalty and respect.
Merrick Exchange: What advice would you give to students who want to pursue careers in accounting or auditing?
Tanyeka Alexander: Accounting is far more than just “audit or tax.” The field is incredibly diverse, offering roles beyond the basics like actuaries, fraud examiners, and healthcare accountants. With new industries and technologies, there are opportunities in emerging areas such as greenhouse gas accounting and IT auditing.
Think of your accounting degree as a gateway to a wide range of careers. Whether you’re interested in energy, government, or new legal sectors, there’s a niche for you. Keep an open mind and explore the various paths—your accounting skills are a versatile tool that can lead you to impactful and exciting roles Merrick Exchange: What is the one job-hunting secret you wish all students knew?
Tanyeka Alexander: One job-hunting secret I wish all students knew is that skills, along with networking, go a long way. It’s about what you know and who you know. Highlighting in-demand skills is crucial, but having a strong network can also open doors. There are numerous resources available to develop and showcase your skills. Education is key, no matter how you obtain it, so always stay fresh and up-to-date with the latest trends and technologies in your field.
Always know your value. If doors close, don’t be discouraged. It means you’ve learned all you needed to in that role and it’s time to learn more at the next opportunity in your journey.
Merrick Exchange: Why did you choose to earn your degree at UBalt?
Tanyeka Alexander: I chose to earn my degree at UBalt after employers began asking about a bachelor’s degree, despite having two associate degrees—one in Business Administration and the other in Applied Science in Accounting. A counselor from CCBC informed me that my credits would transfer to The University of Baltimore and suggested I look into it. So I did, and it turned out to be the perfect choice for advancing my education and career.
Merrick Exchange: How has attending The University of Baltimore helped your career?
Tanyeka Alexander: Attending the University of Baltimore allowed me to obtain a Bachelor’s degree as a single mom, which was a significant milestone. It also provided career fairs tailored to my discipline, which opened doors to numerous opportunities. At the Merrick School of Business, I was connected with a mentor in my field who taught me that school would help me learn the language of work.
UBalt equipped me with the qualifications and confidence to speak the language of accounting, which has been instrumental in securing many of the roles I've achieved in my career.
Merrick Exchange: What personal goal have you set for yourself for the next 12 months?
Tanyeka Alexander: For the next 12 months, I've set a personal goal to focus on one thing every 12 weeks. Those who know me understand that I always have something I want to indulge in. By concentrating on one thing every 12 weeks, I can fully immerse myself in different interests while maintaining a clear and focused approach. This method allows me to explore various passions without becoming overwhelmed, keeping my journey animated yet inspirational.
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UBalt Remembers Former President H. Mebane Turner
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The University of Baltimore mourned the passing of Dr. H. Mebane Turner, UBalt's president from 1969 to 2002. Dr. Turner died on Nov. 19, 2023. In a statement to the University community, UBalt President Kurt L. Schmoke said:
"With the passing of Dr. H. Mebane Turner ('Meb,' as he was known), Baltimore has lost one of its unsung heroes of civic leadership. For decades, he was not only 'Mr. UB,' but he was also a civic volunteer par excellence who undertook service with institutions—a level of service that even today has a positive impact on the quality of life for the people of Baltimore.
"Meb guided the boards of such disparate organizations as the City Jail and the Lyric Opera House when both faced critical issues. And he led the transition of The University of Baltimore from a struggling private university to a thriving public member of the University System of Maryland. He led UBalt for 33 years, a record that places him among the country's longest-serving college and university presidents.
"Some knew Meb only as a bow-tie wearing, laid-back Southern gentleman. Few knew that he had been a collegiate wrestler who retained a competitive spirit in the higher education arena. Having worked with him when I was Mayor of Baltimore and during my University presidency, I can say without hesitation that it was a delight to know him and to be advised by him over many years. Meb Turner was a very special man. He will be greatly missed."
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"Pitch for A Million" Goes to Alumna Phaedra Stewart
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The University of Baltimore’s 2024 “Pitch for a Million” Real Estate Competition was an exciting event that showcased the ambitions and talents of Baltimore’s brightest up-and-coming real estate minds. The competition, designed to foster innovative and impactful real estate development projects within Baltimore, culminated in a final pitch session where students vied for the coveted million-dollar line-of-credit.
MBA alumna Phaedra Stewart and her company called, Seriously Positive LLC, emerged victorious, captivating the judges with her project that centered on revitalizing Baltimore’s Oliver neighborhood. Her well-defined plan and commitment to the community resonated with the panel.
The energy was apparent throughout the venue as each finalist delivered their pitch. Kichonee Davis, Samantha Mellerson, and Ikechukwu Opaigbeogu also presented compelling proposals, showcasing a diverse range of approaches to real estate development in Baltimore. Their presentations were met with attentive ears and thoughtful questions from the judges, highlighting the caliber of the competition.
Raju Balakrishnan, dean of the Merrick School of Business at the University of Baltimore, offered opening remarks, emphasizing the importance of the competition in nurturing future leaders in the Baltimore real estate landscape. Seema Iyer, an advisor and co-founder of the Real Estate Fellows Program, also chimed in, underscoring the program’s mission of identifying and supporting developers who possess a deep understanding of the city’s neighborhoods and their unique needs.
The Baltimore Community Lending (BCL) foundation, a staunch supporter of the competition, seeks to empower developers who prioritize community-centric projects. BCL representatives were present throughout the event, actively engaged in the presentations and interactions. Their presence underscored the significance of the competition in bridging the gap between aspiring developers and the financial resources needed to bring their visions to life.
The “Pitch for a Million” competition serves as a launchpad for these enterprising students, propelling them into the exciting world of real estate development. The competition not only awards financial backing to the winning project but also fosters a sense of camaraderie and collaboration among the participants. The event serves as a valuable networking opportunity, allowing students to connect with industry professionals, potential investors, and mentors who can provide guidance and support throughout their careers.
The University of Baltimore’s 2024 “Pitch for a Million” Real Estate Competition was a resounding success. It spotlighted the ingenuity and dedication of Baltimore’s future real estate leaders, while simultaneously fostering a collaborative environment that will undoubtedly yield a positive impact on the city’s development landscape. Phaedra’s triumph serves as an inspiration to all the participants, and the well-rounded competition serves as a testament to the University of Baltimore’s commitment to nurturing the next generation of real estate visionaries.
About the Real Estate Fellows Program at The University of Baltimore
The University of Baltimore Real Estate Fellows are work to address critical development needs within Baltimore’s middle-market neighborhoods. UBalt students and alumni will have 10-weeks of mentoring from seasoned real estate professionals. After the mentoring sessions, students will then identify a neighborhood, create a project, complete a development plan, and develop an application for financing. The winning proposal will get the necessary financing up to $1 million in a Guidance Line of Credit from Baltimore Community Lending to proceed with the project. The culmination of a the work has each student or team of students share their plan in the “Pitch for a Million” competition.
Check out the YouTube event video for “Pitch for a Million” competition including Phaedra Stewart’s pitch.
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Winners Announced for UBalt's 'Rise to the Challenge' Business Pitch Competition
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Four winners, including undergraduate students and recent alumni, emerged from the "Rise to the Challenge" Business Pitch Competition on May 2, each receiving their own "big check" and a portion of the nearly $30,000 in prize money. The event, now in its 12th year, is supported annually by the University of Baltimore's Center for Entrepreneurship and Innovation to showcase many of the UBalt community's most talented and driven entrepreneurs.
Two Ratcliffe Entrepreneurship Fellows and one alumnus were chosen for the evening's top prizes, with the "Most Promising Business" award going to Aasha Mikha'El, founder of Uniquely in Place (U.I.P), a hair salon/barbershop servicing children and adults with autism and other behavioral challenges. The $15,000 award, established in 2018 through the Ripley Entrepreneurship Fund is given to the student whose business has the best prospects for growth.Mikha'El also took home the Crowd Favorite award of $1,000.
Masie Hawkins, founder of The Dream Bra, a comfortable push-up bra that promotes beauty using irritation-free, healthy materials, took home first place in the "Aspiring Business Ventures" category, netting $2,000.
Joyson Balisamore, B.S. '23, earned the top vote for "Existing Business Ventures" with his Jay's Watermelonade, a natural beverage made without excessive sugars and artificial ingredients, capturing a $5,000 prize. Balisamore also won the Baltimore Fund Award, a $1,000 prize awarded to the entrepreneur who best exemplifies the University’s commitment to Community and Civic Engagement, Ethical Engagement, and Responsible and Resourceful Stewardship for the City of Baltimore.
The winner of the $5,000 Dean's Challenge Award was Maria Del Hoyo, head of Blackfoot Studio, a boutique recording studio that aims to unify Baltimore's art and creative collective while unlocking opportunities for growth in the entertainment industry. Established by Murray Dalziel, former dean of the Merrick School of Business, the Dean’s Challenge Award is given to the competitor or competitors who best demonstrate the social impact of their venture. Del Hoyo also earned the $500 "Hustle Award." Provided by Jason Tagler, founder of Pitch Creator, the cash prize goes to the finalist who shows the most improvement during the multi-week presentation coaching program.
As an added highlight this year, Amivi Atsu, a senior Ratcliffe Entrepreneurship Fellow, delivered the keynote address. Atsu, founder of AfriVariety, an African home decor and gifts retail business, discussed how her experience as an entrepreneurship student at UBalt has fueled and shaped her success, and helped make the entire night a memorable celebration of the entrepreneurial spirit.
Other finalists in the competition included Erica Odoemene, founder of Eriodo Education, an online platform using gamification, AI, and personalized challenges to teach financial literacy in an engaging and adaptive experience, and Crystal Wamalwa, B.A. '19, who created audaCITY Tours to shine a light on black artists by offering them a stage to showcase the depth and diversity of their talents in painting, music, literature, or performance.
The panel of expert judges, representing the local business and entrepreneurship community, included:
- James Peterson, vice president and small business ambassador, M&T Bank
- Trenae Watson, M.S. '20, CEO, TLW Consulting
- Alan Tsao, B.S. '11, M.B.A. '21, founder, Tsao Baltimore
- Katie Kilby, founder and president, Reveille Grounds
"Although not everyone walked away with a monetary prize, I believe that all of the finalists proved to be winners this year,” said Henry Mortimer, director of UBalt's Center for Entrepreneurship and Innovation. "Honestly, the work that they put into this competition, amid the many responsibilities they face every day—including attending classes, working full-time jobs, and managing the many aspects of their personal lives — is nothing short of extraordinary. They're all impressive, and it is my hope that I'm not the only one who feels that way. My wish is that each caught the attention of someone new who’d be interested in their idea or product, possibly some very influential people who can help nurture the growth of their enterprise and allow them to continue to develop as entrepreneurs." Watch the event's highlight video reel.
Students enrolled in the Ratcliffe Entrepreneurship Fellows program, established in 2012 through the generosity of the Philip E. and Carole R. Ratcliffe Foundation, learn in a cohort setting with other student entrepreneurs and work with best-in-class faculty; earn a B.S. in Business Administration degree, while working to launch their own venture by graduation; receive a renewable scholarship equal to the value of full-time, in-state tuition and fees, plus a living stipend worth up to $2,000 per semester; and work with a mentor who is already a successful entrepreneur.
The "Rise to the Challenge" competition, sponsored by UBalt's Center for Entrepreneurship and Innovation, is designed to generate awareness of emerging and established innovative business ventures nurtured by the UBalt community.
Learn more The University of Baltimore's Center for Entrepreneurship and Innovation.
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MBA Scholarship for Entrepreneurs
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The Merrick School of Business has launched a new scholarship opportunity for MBA students specializing in entrepreneurship. Thanks to an anonymous grant, UBalt created the Entrepreneurship Opportunity Scholars program. This program supports students with scholarship funding while they launch a new business venture. This is a competitive process with a maximum of five scholarships valued at $8,620 per year. The awardees will also receive a financial stipend of $1,000 per year. This is a great way for students to live out their entrepreneurial dreams while also earning a UBalt MBA.
The deadline to apply is June 23. Selected candidates will be invited to a mini business pitch competition on Aug. 1.
Applicants must have a cumulative undergraduate GPA of 3.5 GPA or higher—and maintain a 3.5 GPA while in the program. Both full-time and part-time MBA students are encouraged to apply. There is a preference for students who completed their undergraduate degree in business from an AACSB business school, but we also know each entrepreneur has their own path.
Start your MBA application. Apply for the scholarship today.
The Merrick School of Business has launched a new scholarship opportunity for MBA students specializing in entrepreneurship. Thanks to an anonymous grant, UBalt created the Entrepreneurship Opportunity Scholars program. This program supports students with scholarship funding while they launch a new business venture. This is a competitive process with a maximum of five scholarships valued at $8,620 per year. The awardees will also receive a financial stipend of $1,000 per year. This is a great way for students to live out their entrepreneurial dreams while also earning a UBalt MBA.
Applicants must have a cumulative undergraduate GPA of 3.5 GPA or higher—and maintain a 3.5 GPA while in the program. Both full-time and part-time MBA students are encouraged to apply. There is a preference for students who completed their undergraduate degree in business from an AACSB business school, but we also know each entrepreneur has their own path.
Start your MBA application. Apply for the scholarship today.
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Alumna Earn University System of Maryland "Launch Fund" Capital
Shelby Blondell, a UBalt MBA alumna and inventor of "The Sheller," was one of the entrepreneurs to receive a grant from the University System of Maryland's "Launch Fund." The Launch Fund connects early-stage entrepreneurs—builders, creators, and innovators to existing resources, mentorship, and capital. It creates a new capital source designed to fill gaps and connect to other capital and resources.
While a student at UBalt, she created the first, patented, stainless steel seafood multi-tool, crab mallet, picker, and bottle opener. Shelby earned two degrees at UBalt—a B.S. in Business Administration- entrepreneurship in 2015 and an MBA in 2018.
Read the full USM news release.
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UBalt Alumnus, Entrepreneur and Philanthropist Bob Parsons' "Untold Story"
"Fire In the Hole" A Memoir
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Bob Parsons, B.S. '75, D.H.L. '08, a Baltimore native, founder of a string of globally successful companies and now a billionaire philanthropist, returned to his alma mater on Monday, May 6 for his literary debut, a memoir called Fire in the Hole!
Parsons engaged in a conversation about his many insights (including his experience as a U.S. Marine fighting in Vietnam) The University of Baltimore President Kurt L. Schmoke moderated audience questions.
UBalt last hosted Parsons as its Fall 2021 Commencement speaker. Parsons, who co-leads The Bob & Renee Parsons Foundation, has been a strong supporter of the University for well over a decade. The Bob Parsons Scholarship Fund is the single largest donation to a scholarship program in the history of The University of Baltimore, and UBalt's Veterans Center and the Veterans Advocacy Clinic in the School of Law both bear his name. All told, his support of the institution exceeds $10 million. He continues to inspire and challenge UBalt students and alumni, encouraging them to lead full, active lives and be of service to others along the way.
"Do something that you love to do," he told the audience at the 2021 Commencement ceremony. "Remember: When you love something, it tells you all its secrets, and you're always willing to work harder at it."
Fire in the Hole!: The Untold Story of My Traumatic Life and Explosive Success is the result of Parsons's decades of hard work, persistence and self-assessment. As the founder of a groundbreaking technology company as well as the creator of the legendary do-it-yourself website developer, GoDaddy, plus the highly successful sports equipment maker, PXG Golf, Parsons turned personal adversity on its head, time and again.
From the Fire in the Hole! web page:
"Born in the tough town of East Baltimore to parents who were inveterate gamblers, billionaire philanthropist Bob Parsons' early years were marked by hardship and financial struggle. While he vowed his family (if he ever had one) would never lack for anything, he never imagined the wealth he would earn as the founder of Parsons Technology, GoDaddy, PXG Golf, and YAM Worldwide.
"Fire in the Hole! ... recounts the exploits of his youth, his hellish and hilarious days at the mercy of Catholic school nuns, his harrowing tour of combat duty in Vietnam as a US Marine, his pioneering contributions to the software and Internet industries, and his latest ventures in powersports, golf, real estate, and marketing.
"Along the way, Bob copes with his mother's mental illness and his father's struggles, battles PTSD resulting from both his childhood and war traumas, and mounts a quest to find new and effective treatments for himself and others who suffer from this affliction. He strongly supports veterans organizations and awarded grants to more than ninety-six charities and organizations worldwide through The Bob & Renee Parsons Foundation.
"Perhaps the only thing that has come easy to Parsons is his gift for storytelling. His reflections are at turns heartbreaking, heartwarming, hilarious, and inspiring. If ever there was a story about a self-made man whose wealth can be measured more by the contents of his heart than by the contents of his bank account, this is it."
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MBA Alumnus Writes Book on "Disagreeing"
"I Respectfully Disagree" by Justin Jones-Fosu
Justin-Jones-Fosu, MBA '10, is an entrepreneur and author. He is also the founder and CEO of Work Meaningful a firm that helps individuals and companies work meaningfully and helps leaders create inclusive cultures. His is delving into in important topic—the best ways to disagree and do it respectfully.
Published in April 2024, his latest book "I Respectfully Disagree: How to Have Difficult Conversations in a Divided World," has a premise that disagreements don’t have to be demeaning or dehumanizing. The book is developed with five pillars that is relevant in every work, community or family environment.
Click here to read the LinkedIn book review from Scott Lyons.
Justin-Jones-Fosu, MBA '10, is an entrepreneur and author. He is also the founder and CEO of Work Meaningful a firm that helps individuals and companies work meaningfully and helps leaders create inclusive cultures. His is delving into in important topic—the best ways to disagree and do it respectfully.
Published in April 2024, his latest book "I Respectfully Disagree: How to Have Difficult Conversations in a Divided World," has a premise that disagreements don’t have to be demeaning or dehumanizing. The book is developed with five pillars that is relevant in every work, community or family environment.
Click here to read the LinkedIn book review from Scott Lyons.
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