Mihaylo College Management Professor Goli Sadri, head of the Women's Leadership Program, is passionate about giving Cal State Fullerton female students the leadership skills they need to succeed in the contemporary economy.

Goli Sadri, Mihaylo College management professor

Mihaylo Management Professor Goli Sadri and program director Joanna Moore discuss the Women’s Leadership Program, which will equip Mihaylo female students with career success and leadership acumen.

“It is vital for women to become aware of some of the challenges that are unique to them and develop the skills necessary to overcome and thrive as leaders,” Mihaylo Management Professor Goli Sadri says. Sadri and Joanna Moore, founder and principal of J. Moore Consulting Services and an advisory board member of the Mihaylo Center for Insurance Studies, have developed the Women’s Leadership Program, designed to assist coeds with the skill development needed for career and leadership success. The program is also made possible through the support of retired Mihaylo Management Professor Dorothy Heide.

“There are many skills that are applicable to both genders, such as possessing high emotional intelligence,” Moore, the program’s director, says. “However, women approach some skills, such as negotiation and advocacy, differently than men. For example, research has shown that women may propose a course of action in the workplace, but if it is rejected, they tend not to re-propose it, a tendency we seek to address.”

Moore notes that women often handle the failure to receive a promotion differently than men. “For many women, if they propose a pathway for a potential promotion and their supervisor disagrees, they personalize the disappointment as a rejection and give up,” she says. “My goal is to help young women view these opportunities differently, in a more positive light.” Read More

CSUF Mihaylo College finance alumna Francesca Cortazar'15 standing in the Mihaylo College courtyard.

Mihaylo finance alumna Francesca Cortazar ’15 is one of four finance students and alumni currently working for Goldman Sachs

Four Mihaylo finance students who participated in the Applied Securities Analysis Program (ASAP) have obtained employment with the financial giant Goldman Sachs. Mihaylo finance lecturer and ASAP program director Michael Milligan discusses the opportunities available at Goldman Sachs.

“Goldman Sachs is considered the premier investment firm in the world, renowned for hiring and retaining only the best talent,” Mihaylo Finance Lecturer Michael Milligan says.

Four former and current Mihaylo finance students and participants in the Applied Securities Analysis Program (ASAP) are now working at the company. The first ASAP student to join the Goldman Sachs team was Irina Arora ’14. “Her performance was so good that Goldman Sachs chose to hire Kelsie Ornelas ’15 and Francesca Cortazar ’15 from this year’s class,” Milligan says.

Chris Harraka ’16, another ASAP student, is currently interning with the company as a summer analyst in Salt Lake City, Utah. He is the first ASAP student to intern for the company.

CSUF Mihaylo College Finance Lecturer Michael Milligan, former director of the ASAP program.

Mihaylo Finance Lecturer Michael Milligan

Harraka discusses his internship experience. “The investment knowledge that I gained in school is now being applied in a fast-paced corporate setting,” he says. “I am fortunate to be learning from incredibly smart individuals, meeting with senior management, and understanding how the firm functions both financially and operationally.”

“Goldman’s name and reputation in the finance industry will lead other investment firms to look at Fullerton for future employees,” Milligan says.

Cortazar, who was hired as a credit risk analyst at Goldman Sachs in Orange County, credits her Mihaylo education for her career opportunity. “ASAP not only deepened my knowledge and understanding of finance but has also provided me with the skills needed to succeed in the industry,” she says. “This program has made me even more passionate for finance, and it was truly one of the best experiences of my life.”

Founded in 1869 and headquartered in New York City’s Lower Manhattan, Goldman Sachs has been at the forefront of investment banking, commodities, mutual funds and other financial services, particularly for institutional clients. As of 2013, the company employed nearly 32,000 people worldwide. Two U.S. secretaries of the treasury, Robert Rubin under the Clinton Administration and Henry Paulson under the second Bush Administration, had careers in the company before holding public office. “A major advantage to working for Goldman is that having Goldman Sachs on your résumé will open doors if you decide to leave Goldman,” Milligan notes.

“I feel very fortunate to be working for such a prestigious firm,” Ornelas says. “None of this would be possible without the learning experience gained from ASAP and our program director Michael Milligan.”

For more on the ASAP program, visit online or contact Milligan at mmilligan@fullerton.edu. For more on career opportunities at Goldman Sachs at locations worldwide, visit the company’s careers site.

Irene Lange, who was the first faculty member of Cal State Fullerton's Mihaylo College to achieve 50 years of service to the college.

Mihaylo Marketing Professor and Department Chair Irene Lange. CREDIT: Matt Gush

Mihaylo Marketing Professor Irene Lange has been involved with the CSUF business college for 50 years. She discusses her research during her career and the changes in the college and the industry.

“Over 50 years, the essence of marketing, which is providing value to the customer, has not changed,” says Marketing Professor Irene Lange, Mihaylo’s first faculty member to teach for five decades at the college. “However, technology has transformed the tools we use to communicate with the consumer. The emergent fields of Internet marketing, database marketing and social media marketing embody this shift to capturing big data through consumer technology interfaces on a one-to-one basis in real time.”

Lange was born in the Baltic State of Lithuania to German-Russian parents during World War II. Much of her childhood was spent in refugee camps while her father fought in the Lithuanian military. After the victorious Soviets sentenced her father to 20 years of hard labor, Lange immigrated with her mother to the United States, where she completed undergraduate, graduate and doctoral degree programs in marketing at the University of Illinois.

Ensuring a Global Perspective for Cal State Fullerton’s Business Program

Lange joined the CSU Fullerton staff in 1965, less than a decade after the university’s founding in 1957. For more than 20 years, she was the executive director of the International Marketing Association of Orange County, assisting small companies with export programs. Among her current community involvements are membership in the Southern California District Export Council, the International Committee of the Fullerton Chamber of Commerce and the International Business Advisory Committee of Fullerton College. Read More

The Taj Mahal in Agra, India in the distance

The Taj Mahal in Agra, India’s most iconic landmark.

India is poised to become the most populous country in the world in the next few decades, and the rapidly growing country is now the 10th largest economy in the world in terms of GDP. Mihaylo Economics Professor Dipankar Purkayastha discusses the current state and outlook for the Indian economy and the other nations that make up the Indian Subcontinent, including Pakistan, Sri Lanka and Bangladesh.

With a population of more than 1.5 billion people, or more than 20% of the world’s total population, the nations that make up the Indian Subcontinent comprise a rapidly expanding economic region. The Indian Subcontinent is a region of South Asia, including the nations of India, Sri Lanka, Pakistan, Nepal, Bhutan, the Maldives and Bangladesh. Foremost among the nations of the region is India with a rapidly growing population of more than 1.2 billion and an economy that ranks as the world’s 10th largest in terms of GDP.

“India is so large, that almost everything you say about it proves to be untrue,” says Mihaylo Economics Professor Dipankar Purkayastha. He studies economic development and international trade and is originally from India. “Some Indians are rich, but the vast majority of Indians are poor, and the presence of wealthy Indians makes averages misleading,” he explains.

A Legacy of Economic Leadership Precedes India’s Recent Rise 

India’s position as a vital player in the world economy is both a recent development and a continuation of a long history for that nation. During ancient times, there was a lively trade between the major western empires of the time, including the Roman Empire, and India. The late economic historian Angus Maddison suggested that India may have been the world’s largest single economy during the first millennium A.D. During the Mughal Empire (1526-1857), India’s economy is believed to have contributed around one-fourth of the total global GDP. Read More

Cal State Fullerton Mihaylo College namesake Steven G. Mihaylo flanked by Center for Leadership Director Jay Barbuto and dozens of Leadership Scholars students pose at the Mihaylo College Courtyard.

Steven G. Mihaylo (left standing) and Center for Leadership Director Jay Barbuto pose with Leadership Scholars students at the Mihaylo Courtyard during Mihaylo’s visit in March 2015.

Steven G. Mihaylo, founder of Inter-Tel Inc., CEO and chairman of Crexendo Inc., and namesake of the Mihaylo College of Business and Economics, spoke to business students at the monthly Leadership Scholars meeting on March 20. Mihaylo encouraged business students to strive for greatness, drawing upon his personal entrepreneurial success.

“If you expect great things, you will achieve great things,” Steven Mihaylo ’69 told business students at the March meeting of the Leadership Scholars. “All of you are leaders in this room; it is so important that if you are given a chance for leadership that you take it.”

From Newspaper Boy to Telecommunications Titan

Mihaylo, namesake of the business college and its state-of-the-art facilities due to his multimillion-dollar gifts, related his life story to the audience. Born in Los Angeles during World War II, the 71-year-old’s first job was delivering 30 newspapers per day at age nine. Through tenacity and commitment, the young Mihaylo was soon delivering nearly 400 newspapers on his route. “I feel very fortunate for my life experiences,” he said. “You can either look at the glass half empty or half full – I looked at it as half full.” Read More

Former NBA star Earvin "Magic" Johnson speaks at the Titan Gym at Cal State Fullerton on March 4, 2015.Former NBA star Magic Johnson was the keynote speaker before an audience of thousands of CSUF students, alumni and guests at the Titan Gym on March 4. The event was sponsored in part by the Mihaylo College of Business and Economics and Business Inter-Club Council.

“Always remember, believe in yourself, your dreams and your goal,” NBA star and entrepreneur Earvin ‘Magic’ Johnson told a crowd of CSUF students, alumni and guests at the Titan Gym on the evening of March 4, 2015. Johnson told the audience about his basketball career and entrepreneurial success and offered inspiration to the next generation of business leaders. “If you do right, if you have a great reputation, if you are a man or woman of your word, if you will be there on time, it will happen to you too,” he said.

Looking Back on a World-Class NBA Career

Johnson recounted that he was born into a low-income family in Lansing, Mich., the son of a General Motors assembly worker. After playing basketball at Lansing’s Everett High School, Johnson was on the Michigan State University basketball team. “My goal and dream was to win the NCAA title,” he recalls. In 1979, he achieved his goal by leading his team to the NCAA Final Four victory in the most widely watched game in NCAA history.

Drafted by the Los Angeles Lakers later that year, Johnson was point guard for the franchise for 12 years. During his professional career, he contributed to his team’s nine NBA Finals appearances, won three NBA MVP awards and appeared in the NBA All-Star game 12 times. Read More

CSUF Mihaylo College ISDS Professor and social media researcher Ofir Turel.Social media platforms, such as Facebook, provide up-to-date, accessible and personalized communication, yet they also have the potential to become addictive. Mihaylo Professor Ofir Turel discusses how to use social media constructively.

A 2012 survey of CSUF students conducted by Mihaylo Professor Ofir Turel revealed a campus community well-connected to social media platforms such as Facebook. Survey participants reported that they added an average of 7.53 Facebook friends per week, added two updates per day to their Facebook pages and spent an average of 1.89 hours per day on Facebook.

“Any application that provides variable and strong rewards and is regularly accessible is potentially addictive,” says Turel, an information systems and decision sciences professor. “With social media, you never know what friends have posted, so it encourages regular use.” However, he notes that the accessibility and rewards of social media use do not necessarily equate to addictive behaviors, as only a certain percentage of individuals are susceptible to addiction-like symptoms.

While there is no set criteria for what constitutes excessive or addictive use of social media platforms, Turel explains that use that severely interferes with other important priorities, such as school or work, is a warning sign of addiction. “If you use social media even though you know you need to be studying for an exam, the behavior is becoming unhealthy,” he says.

For those that do develop addictive symptoms, there can be serious negative results. “Such ‘addictions’ can result in academic failure, sleep deprivations, social isolation, health issues and many other impairments for adolescents and young adults; they can also result in reduced work performance and marital discord and separation for adults,” Turel and four other professors wrote in the 2014 study, Examination of Neural Systems Sub-serving Facebook ‘Addiction’The study noted that research generally shows that between 0.7% and 11% of the population are strongly impacted by Internet-based addictive tendencies.

Turel notes that professional social networks, such as LinkedIn, and blogs generally do not result in addictive behaviors. “This is because the amount and variability of rewards are smaller, unlike the strong and unexpected social rewards users receive on networks such as Facebook,” he says.

Read Turel’s studies on technology addiction and information technology in the workplace here.

Mihaylo Grad Jason Liu stands in front of the logo of his Alpha Greek Apparel startup in Fountain Valley, California. Mihaylo management and entrepreneurship alumnus Jason Liu ’13 has established Fountain Valley-based Alpha Greek Apparel, which creates customized clothing and accessories for Greek-letter fraternities and sororities at colleges and universities nationwide. Liu discusses his business and gives advice for entrepreneurial students.

College and university fraternities and sororities require customized clothing and accessories to display and share their organizational pride. Mihaylo management and entrepreneurship alumnus Jason Liu ’13 recognized a need for customized products for these Greek-letter societies, which led him to establish Alpha Greek Apparel in August 2013. Based in Fountain Valley, the company, which services fraternities and sororities nationwide, now has a second location in Irvine.

Liu explains that he was active in CSU Fullerton Greek life while pursuing his bachelor’s degree, joining Zeta Phi Rho and serving as an executive board member for the Multicultural Greek Council. These experiences birthed his interest in establishing a business based on campus Greek life. “As I progressed through my business entrepreneurship classes, I started to think about how I could utilize this vast Greek network,” he says. “I thought about products that everyone within the Greek community needed and as a result, Alpha Greek Apparel came to be.”

Alpha Greek Apparel offers Greek-themed clothing in numerous styles and colors, appealing to various tastes. “Customers can bring in their own sweaters and accessories or order them through us,” Liu says. “Our apparel includes pullover hoodies, American Apparel zip-ups, crewnecks, tote bags and hats.”

The company has its own production site in Fountain Valley, minimizing outsourcing and thus permitting prompt execution of orders. It currently has four employees (two in each location), though Liu has high hopes for expansion in the future.

Liu provides advice to entrepreneurial-minded business students. “Do something that you are passionate about and love doing,” he says. “During peak season, I sometimes spend 10 to 12 hours per day at the shop and work through Saturdays and Sundays. But I do not even feel like I am at work. I feel at home when I am at the shop, because I truly enjoy what I am doing.”

For more on Alpha Greek Apparel, visit their Yelp Page or call them at 714-833-6153.

Students interested in entrepreneurship may contact Mihaylo’s Center for Entrepreneurship at 657-278-3464, or visit their office at SGMH 3280.

CSUF Mihaylo College entrepreneurship alumnus Henry Reyes, co-founder and president of the International Surf Lifesaving Association (ISLA).

Henry Reyes ’10, co-founder and president of ISLA

Mihaylo business administration alumni Henry Reyes ’10 and Raquel Lizarraga ’10 were awarded the President’s Volunteer Service Award for more than 900 combined hours of service on behalf of the International Surf Lifesaving Association (ISLA).

Southern California beaches draw millions of surfers, swimmers and beachgoers each year. That translates to thousands of beach rescues each year as rip currents and rough surf can pose dangers for even experienced enthusiasts. On Nov. 3, 2014, Los Angeles County lifeguards reported a record 14,331 ocean rescues for 2014. In other parts of the United States and around the globe, there are thousands more rescues and drownings each year.

Mihaylo business administration alumni Henry Reyes ’10 and Raquel Lizarraga ’10 are part of the solution. Reyes is co-founder and president of the International Surf Lifesaving Association (ISLA) and Lizarraga is vice president of development for the organization, a nonprofit that advances water lifesaving worldwide. Founded by four Huntington Beach lifeguards in 2008, the volunteer organization seeks to prevent drowning in the U.S. and locations throughout the world, with operations in many nations, including Mexico, Dominican Republic, Nicaragua and Macedonia. Read More

Ben Gold, Cal State Fullerton alumnus who founded QuickBridge Funding, an Orange County, California, lender.Ben Gold ’04, MBA ’12 has achieved entrepreneurial success as co-founder and president of Orange-based Quick Bridge Funding, which was recently recognized by the Orange County Business Journal as the fastest-growing private mid-sized company in the region. Gold is also actively involved in his alma mater, through support of the Executive Council, Mihaylo Leadership Academy and internship and scholarship programs.

Mihaylo marketing and business administration alumnus Ben Gold ’04, MBA ’12 has utilized his business education and entrepreneurial spirit to succeed and thrive in the Orange County business community.

From 2003 to 2011, Gold gained experience as an innovative leader as vice president of operations for Orange-based Alliance Funding Group, a company that provides business loans and equipment leases to corporate customers nationwide. Gold was responsible for oversight of all non-sales activities in this role, including development of credit and funding policies, team management, development benchmarks to ensure efficiency and creating and maintaining relationships with the company’s funding sources and underwriters.

Launching an Orange County Alternative Lending Giant

In June 2011, Gold co-founded Orange-based Quick Bridge Funding with Jason Osiecki, David Gilbert and Brij Patel ’95. The company provides short-term working capital for small and medium-sized businesses. Under Gold’s leadership, Quick Bridge Funding has grown from a small business with two employees to a company with a workforce of more than 70 in only three years. It is now recognized as one of the leading alternative lending providers for small and medium-sized businesses in the United States, having lent more than $200 million to more than 5,000 different businesses since inception. Read More