Author: Sime Curkovic

International Students majoring in Business Analytics at WMU can get a 3-year visa extension for their OPTs. Why is the U.S. doing this? Answer: we need more people with data analytics skills (especially in the supply chain)...https://lnkd.in/gTDtDavD https://www.efinancialcareers.com/news/2022/01/foreign-graduate-pay-america The US gov has added data science and financial analytics to the list of degrees where international students can get a three-year visa extension after graduating instead of the standard one year. https://lnkd.in/gTDtDavDActually, at WMU, Business...

Note: It is ½ of 1 credit. Michigan’s legislation requires that all high school students take a "HALF" credit course in personal finance before they graduate. https://www.cnbc.com/2022/06/16/michigan-becomes-14th-state-to-mandate-personal-finance-education.html?utm_term=Autofeed&utm_medium=Social&utm_content=Main&utm_source=LinkedIn#Echobox=1655405664 FYI, we make every business major take FIN 3200 (& I think every business major should learn how to talk to a CFO):FIN 3200 - Business Finance DecisionsPresents a basis for understanding the financial management function of the business enterprise. Includes experiential learning so...

Gartner Announces Rankings of the 2022 North American Supply Chain Undergraduate University Programs*University of Arkansas defends pole position, University of Tennessee, and University of South Carolina complete Top 3.·        https://www.gartner.com/en/newsroom/press-releases/2022-06-07-gartner-announces-rankings-of-the-2022-north-american-supply-chain-undergraduate-university-programs *For the first time, ranking includes 100% online programs, in addition to hybrid and on-campus programs.*Curricula have mostly standardized, putting other criteria such as experiential learning and diversity, equity and inclusion (DEI) in focus.*Education institutions reacted to the changing environment...

Big companies rescinding job offers to recruits. Ugghh, this comes out a week after I just lectured my students on not reneging. Thank you Corporate America for setting a great example. Note, unemployment (3.6%) is at 50 yr lows. https://fortune.com/2022/06/22/growing-number-of-companies-rescind-job-offers/ ___Students are getting lots of job offers...In U.S., 28% accepted a job offer & reneged! 70% of grads are willing to renege? Reneging: Once you commit, quit! https://lnkd.in/e85beQ2 Amongst those grads that have...

… The action comes as the U.S. faces its highest inflation rate in 40 years (8.6%). The EU is experiencing inflation of 8.1% but has not yet raised its policy rate. From: Volcker, Powell and the Price of Amnesia About Monetary Policy - The Fed should have heeded the lessons of 1980s inflation. https://lnkd.in/gJYmTyke. I just find it disturbing (if true per the slide below) that America has one of the highest inflation rates...

Lean Talent Wins Over Six Sigma Skills. Why does lean remain so popular, & is the demise of Six Sigma approaching? https://lnkd.in/g2wseiWt. We try to do both but it gets hard to squeeze it all in. WMU supply chain students can now be Lean 6 Sigma Yellow Belt certified...A study by Noble Institute of Quality Certification: w/i the first 3-7 years of cert, one could see an increase in salary 30%...

Last month I had a student ask me why don’t all those shipping containers have smart phones attached to them? I said I am very certain some do. He asked what percentage have that? I was like a deer in headlights, no idea. I guessed & said < 1%. Per this article, I guessed well:… around 3.6% of the global container equipment fleet was fitted with smart technology devices, representing 30% growth from the year...

Most Gen Zers 'would not work five days a week in an office,' researcher says, (BUT money is still the most important thing! Scheduling flexibility is #2) see: https://finance.yahoo.com/news/gen-z-work-five-days-office-173640467.html https://lnkd.in/d-fxnXCK. It's a new world. GM is dropping 4-year degree requirements for many jobs?! https://lnkd.in/d2tD89pBNote, the data does say “Education” boosts earning power... Average salary by education 2022:1. High school diploma $98,1572. Two-year college degree $91,2043. Some college $108,6474. Bachelor’s degree $134,0375....

Time to stay on top of this stuff (both on the way up & down).Supply chains top CFO business risk concerns: "#1 - raw material costs" https://lnkd.in/gK2nRVUs. Strategic Cost Management (i.e., Price Analysis) has become a lost art, kind of like NOT using your car signal when changing lanes or turning (which causes 1M U.S. accidents/year!). Pre-covid: According to a Deloitte 2019 Global Survey of over 1,200 execs directly involved in cost mgmt,...

College Students: Do NOT round up your GPAs, use a post script on your phones for email replies, take your email signatures VERY seriously, & use keywords on your resume.Resume advice, Do NOT round up your GPAs Students should not change their official GPA for their resume. Instead, I recommend they calculate their major GPA using the courses required for their major & also list their overall GPA (especially if your...