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The Bolte School News


CBS Senior Vice President Hazel-Ann Mayers called on Mount St. Mary’s seniors to be ethical members of the business world in her guest speech at the university’s annual Ethics Pledge Signing on Apr. 16.  Mayers, who also acts as CBS’ Assistant General Counsel, Litigation and Chief Compliance Officer, discussed the role of ethics in the modern workplace and talked about her own experience of maintaining authenticity in the corporate world.

“I stand before you today as someone who works in corporate America, can sleep at night and still look in the mirror and like what she sees,” Mayers said.

The speech was a part of the Richard J Bolte, Sr. School of Business’ Ethics Pledge event, held in Knott Auditorium. This year’s version marked the first time that seniors of all undergraduate majors, not just business, were allowed to read and sign the pledge.

Speakers included Provost David Rehm., Dean of the School of Business Karl Einolf, senior student Lauren Brown and Mayers. Each offered students advice for becoming responsible and productive members of the business world.

Mayers spent much of her speech reinforcing the need for individuality, and shared that, for a long time in her career, she felt that she couldn’t be “authentic Hazel.” She credits a mentor with encouraging her to be herself.

“As you enter your professional lives, you need to be comfortable being just you,” she said.

The guest speaker explained that her job involves reviewing allegations of company violations, disciplining employees and making changes to ethical procedures. Mayers believes that one can still be ethical in the modern workplace by navigating challenges properly.

“I am still very much Hazel-Ann, the little girl who grew up in Brooklyn and Queens, the first generation daughter of immigrants from Barbados,” she said.

After Mayers finished her presentation Brown led the senior class in reading the ethics pledge. Seniors were invited to sign the pledge and received a pen for their commitment to ethics.


The Mount St. Mary’s University Accounting Club held its annual Accounting Dinner on Friday April 17. The dinner is the highlight of the years’ events for accounting club members, as the club officers pass the torch to newly elected officers.Accounting Club Dinner

Ben McNamee C’15, led the opening remarks and introduced new Bolte School of Business faculty member Larry Hoffman. Hoffman will be a lecturer in accounting with a specialty in forensic accounting. After a wonderful meal Professor Hoffman spoke to the students on the importance of honesty and ethical practices in the work place. “I believe God gave us two ears and one mouth for a reason,” he said, breaking the audience into laughter. Hoffman will teach forensic accounting as well as auditing for advanced junior and senior accountants this coming fall.

Accounting Club OfficersDr. John Sherwin, Accounting Club faculty advisor, presented club officers Ben McNamee C’15, Sean Gunn C’15 (not present), Vice President Alicia Mirando C’15, Treasurer Anne Bagliani C’15, and Secretary Tom Gruschow C’15 with a plaque commemorating their service. Dr. Sherwin also introduced the club’s new cabinet of officers - President Crystal Sylvester C’16, Vice President Alana Tighe C’16, Treasurer Sean McCann C’16, Secretary Justin Byram C’16.

The Accounting Club has guest speakers throughout the year including CPA’s and business community members from the Baltimore and Washington D.C. areas.

Federal Proposal Writing book The Bolte School is offering a unique proposal writing course this summer designed to help businesses increase their chance for success when competing for federal contracts and grants.

“Proposal Development Beyond the Ordinary,” is a high-energy, interactive course examining four major dimensions of winning new and recompete federal contracts and grants, and proven proposal processes and tools. Students will use leading-edge electronic templates, and learn proposal writing best-practices.

Robert Frey, Ph.D., a leading proposal writing professional, will teach the course. Dr. Frey helped clients win more than $5.2 billion in federal contract awards in the last seven years, including $1.4 billion in 2014 alone.

Students will learn:

  • Deep insight into influencing and motivating your audience—Government and grant-making institutions’ technical, contractual, legal, and programmatic evaluators.
  • Specific guidance regarding actions that you can take literally the next day regarding strengths and proposal-related knowledge management.
  • How proposals “write themselves” with effective proposal readiness work products, including visualization.
  • How to understand and apply the technique of finding and including key “descriptive” words from a Request for Proposal (RFP) in your proposals.
  • To build confidence in writing elevator speeches for major proposal sections.
  • To gain appreciation for the business value of thinking and illustrating up front before “putting fingers to keyboard.”

This eight-week course meets Tuesday evenings, from June 29 through August 18. Classes will be held at the Mount’s Frederick Campus.

To register, students must be accepted into the Mount’s MBA program. For more information contact Terry McCune, assistant director Graduate and Adult Business Programs.

Hazel Ann Mayers of CBSHazel-Ann Mayers will give the keynote speech at this year’s Bolte School of Business Ethics Pledge event. Mayers is the Senior Vice President, Assistant General Counsel, Litigation and Chief Compliance Officer for CBS Corporation. As a representative for CBS and its business units in litigation matters, Mayers was excited to speak to this year’s senior class business majors about cultivating and maintaining a strong ethical framework.

During the annual Ethics Pledge event senior class business majors commit to always act ethically in the business world. The pledge provides a strong foundation for students as they move from classroom to career, and holds the students to the high ethical standards embedded in the Bolte School curriculum.

Mayers, a Harvard Law School graduate, believes it is important for graduating seniors to have a strong moral compass and, “as they begin their careers and professional development should constantly be aware that their actions align with their standards.” Mayers is impressed by the fact that Mount St. Mary’s has an ethics pledge for the seniors and considers the issue to be of utmost importance, specifically for those about to enter the workforce.

Past Ethics Pledge speakers have included Richard J. Bolte Jr. C’ 79, Heath Tarbert C’98, Scott Briggs, and Charlie Haberkorn C’80.

The Ethics Pledge will be held Thursday, April 16, at 4 p.m. in Knott Auditorium.

Liam McManimonIt’s not everyday you can take something from the basketball court into an Econometrics course, but that is exactly what Liam McManimon did. In a research paper for the course, Liam analyzed the relationship between ticket prices for Division 1 college basketball games and a number of school, team, and city characteristics using regression analysis. The main question Liam was after?  “Why are Division 1 college basketball ticket prices higher at some schools than others?” 

Liam spent much of his time and effort compiling the required data for more than 50 schools, estimating and testing his models, and finally interpreting results. Despite an extremely tight schedule as a member of the Mount basketball team, Liam “produced a well-written and well-researched paper,” said Dr. Solomon Tesfu, Liam’s mentor for the project. The key finding?  Team rank is the most important factor influencing ticket prices for Division 1 college basketball games. “On the surface an ordinary correlation but for Liam to use econometrics to explain the reasoning is where real learning takes place,” says Dr. Tesfu.

Liam's high level of interest in econometrics is a good example that even a highly quantitative and challenging course can be made interesting and accessible to any student with limited quantitative background. Tesfu believes the process of "learning by doing" helps students realize that they can develop high level questions and solve them with the tools they learn in the classroom in order to answer these research questions.


On December 6, 2014 and for the 36th consecutive year Mount. St. Mary’s hosted the Goodloe Byron Memorial Scholarship Run. The Memorial Run, in honor of long serving 6th District Congressman Goodloe Byron, pays tribute to his commitment to physical fitness and to the Byron families’ commitment to Mount. St. Mary’s University.Mount Fall

Since its inception, the 15K Run has raised approximately $25,000 for Mount student scholarships and played host to approximately 2,000 runners. Nearly 70 runners braved the chilly rainy Saturday morning run last December.

Ms. Beverly Byron (retired congresswoman from the 6th Congressional District) and Mr. Kimball Byron have provided the outstanding leadership and energy for the past 36 years of successful runs. Scholarship funds are made available by lead financial backing provided by Legg Mason Inc., and the Baltimore Community Foundation. The run could not be successful without the wonderful support provided by Mount St. Mary's campus security, Aramark dining services, Mount St. Mary's facilities management, race management provided by the Frederick Steeplechasers Club, and 24 Bolte School of Business student volunteers, many of whom stood outside in the wind and rain to support the runners. As a result of everyone’s efforts, all runners finished safely.

We offer a hearty thank you to all that make the run such a success.

This past fall semester over 60 students participated in the annual Mount St. Mary’s University Student Investment Challenge hosted by the Student Finance Club. The challenge, which took place over six weeks from October to November, is a simulation in which the participant buys and sells the ownership of publicly traded companies in order to build the value of an investment portfolio. The challenge is a great chance for students who have expressed interest in the stock market to better understand the concept of buying and selling stock.  Todd Zuech

Each student began with $100,000 and competed to see how much they could increase their stock portfolio's value.  At the closing bell on November 21, with all the results in, the winner was a clear cut Todd Zuech, C’17, who ended with over $515,471 dollars, a gain of 415% from the initial $100,000 value. Runners up were Teresa Gonzalez, C’17, at $164,201 a 64% gain and William Naille, a graduate student at the Mount, who earned $119,608 a 19% gain. Although it was a landslide victory for the underclassman here at the Mount the learning experience it provides for everyone is undeniable. Prizes of $300, $200, and $100 were award to first, second and third place respectively.

The end value of many of the portfolios show how much the student puts into the challenge.  Professor Don Butt, finance club faculty advisor, said, “In the past, the winners of the investment challenge have all been extremely active through the entire course of the challenge, making multiple trades over the course of a single day.”

The challenge really articulates how much work it takes to remain competitive and the constant trading necessary to create a profitable portfolio.  “This is a great way for anyone who is interested in pursuing a career in stock brokerage or going on to take the Series 7 exam after graduating to get their feet wet and see just how much work goes into the career," Professor Butt said. “I would highly encourage any undergraduate business majors to participate in future challenges by the investment club.” 

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