News about Accounting & Finance

Alumni-Led Industry Tours Reinforce Laboratory Learning

Penn College grad Paul R. South (in red hard hat) leads students on a tour of Danzer Veneers log yard.

Students in the Forest Products (FOR 210) class took field trips Tuesday to Wheeland Lumber Co. Inc. in Liberty and to Danzer Veneer Americas in Williamsport. At Wheeland Lumber, the students toured a high-production sawmill, log yard and millwork facility with Penn College alumni Damen R. (’00, forest technology, and ’03, technology management) and Derek E. (’03, business administration: banking and finance concentration) Wheeland. At Danzer Veneer, students visited the log yard and production facility with Paul R. South, a 2016 graduate in forest technology. “Both tours were educational for the students,” said Erich R. Doebler, laboratory assistant for forest technology, who accompanied the group and provided the photo. “It allows them to see in person and experience the manufacturing environment that is discussed in class.”

Accounting Student Selected Ambassador for Professional Group

Kalee A. Holdren

Pennsylvania College of Technology student Kalee A. Holdren was selected from among her peers to serve as the Pennsylvania Institute of Certified Public Accountants’ student ambassador to the college.

As a student ambassador, Holdren encourages other Penn College students to become members of PICPA, promotes the institute’s programs and scholarships, and works with Penn College Accounting Society President Morgan E. Blackwell, of Beech Creek, to encourage students to attend PICPA events on or near campus and to involve the Accounting Society in the institute.

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Speaker Recommends ‘Cyberhygiene’ to Foil Hackers’ Dirty Work

The crime scene at our fingertips, whether the instrument or the victim of attack

A mix of students, community members and past Colloquia speakers are on hand for Ebersole's instructive talk.

The speaker shows a "ransomware" pop-up, which extorts money from an Internet user facing encryption of computer files. Although the message purports to be from the FBI, Ebersole promised that authorities wouldn't deal so cavalierly with those accessing child pornography. They "won't be emailing you and asking you to pay the paltry sum of $200."

An Internet crimefighter and part-time accounting instructor at Penn College, speaking Tuesday in Klump Academic Center Auditorium, advocated “cyberhygiene” to protect our billions of connected devices – and our personal information – from being compromised. William E. Ebersole delivered the final lecture in the 2016-17 Technology & Society Colloquia Series, “Cyberattacks: The Weapon of Choice of Criminals, Terrorists and Spies.” Recalling the mid-1980s movie, “War Games,” in which a teenager nearly brings about nuclear catastrophe by accidentally accessing a military supercomputer, he said real-life hackers are much more focused, persistent, deliberate and sophisticated. And after several examples of their nefarious handiwork, including a widespread credit-card breach at Target stores and a three-day interruption of electrical and telephone service in Ukraine, Ebersole provided valuable counteractive tips. That advice included using strong passwords and changing them often, limiting what information is posted online, watching for unauthorized devices connected to home networks, being vigilant about children’s web activity, and keeping current on upgrading software and installing security patches. Ebersole had high praise for the college’s information assurance and cyber security curriculum, which he said is helping to feed the growing need for competent technicians. Whatever their major, though, he emphasized that all students can practice safe computing, and he especially urged them to consider the ramifications on viable job-seekers from the Internet’s long-term memory. “Don’t put something crazy on social media to knock you out of the picture,” he said.

Business Students Make Worldwide Top-100 List 21 Times

Pennsylvania College of Technology students set an impressive record during their fall-semester participation in the Business Strategy Game.

In all, Penn College student teams earned spots on the international game’s weekly Top 100 lists 21 separate times.

“This is quite impressive given that, at some point during the semester, over 5,700 teams competed in the BSG,” said Chip D. Baumgardner, associate professor of business administration/management.

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Accounting Society, Readers Worldwide to Benefit From Book Drive

Can’t sell your textbook?  Donate it! Penn College’s Accounting Society is running a book drive on behalf of Better World Books, an organization that aims to improve global literacy. Watch for the green collection bins at such campus locations as the Breuder Advanced Technology and Health Sciences Center, Klump Academic Center, and the Keystone Dining Room. “If you cannot sell your textbook, placing it in one of the bins will ensure the book is recycled for use by someone in need,” said club adviser Michael D. Shipman, instructor of business administration/accounting, “and the Accounting Society will receive $1 for each book in its only fall fundraiser.” The drive, organized by organization President Stephanie J. Michaud, of Linden, will run through the end of Finals Week.

Successful Business Alums Share Wealth of Real-Life Advice

Panelists (from left) Lisa M. Andrus, part-time instructor of business administration/management/marketing and owner of Andrus Hospitality; Samuel Ryder, vice president for FNB Bank and a member of the college’s Business Administration Advisory Committee; and alumnus Scott D. Rinker, ’12, branch manager for Jersey Shore State Bank.

Ryder talks about his schedule and the importance of getting involved with community.

Penn College graduates Ryan M. Enders, ’13, a field service representative for Lycoming Engines; and Tracy L. Schroeder, ’13, a project coordinator for InCourage Financial Wellness. Schroeder talks with students about her work in a nonprofit.

Students listen to working-world advice from business graduates and other business professionals.

Anthony L. Peachey talks with students about the importance of networking in a crowded job market.

A group of business professionals – including four alumni – attended a recent mixer with students in Penn College’s business majors. In addition to chatting over hors d’oeuvre, the pros offered a panel talk in the Student and Administrative Services Center Presentation Room. They offered lessons they’ve learned in navigating their careers and advised students on such practical tips as submitting resumes, networking, and managing work-related stress. Panelists were Ryan M. Enders, ’13, technology management, and ’11, aviation technology, who is a field service representative for Lycoming Engines; Tracy L. Schroeder, ’13, business administration: banking and finance concentration, who is program coordinator for InCourage Financial Wellness; Lisa M. Andrus, part-time instructor of business administration/management/marketing and owner of Andrus Hospitality; Samuel Ryder, vice president-group manager for Fulton Financial Corp./FNB Bank; Scott D. Rinker, ’12, business administration: marketing concentration, who is a branch manager for Jersey Shore State Bank; and Anthony J. Peachey, ’09, business administration: marketing concentration, who is product manager for Construction Specialties Inc. and holds LEED Green Associate certification.

Penn College Adds Financial Counseling, Computerized Accounting

Roy A. Fletcher, assistant professor of business administration/banking and finance, leads a class in Penn College’s Financial Markets Investment Lab. For Fall 2016, the college will add computerized accounting coursework to its accounting majors, as well as a minor in financial counseling.

In Fall 2016, Pennsylvania College of Technology will add to its business offerings a minor in financial counseling. Additionally, updates to coursework in accounting majors will prepare graduates to use and build secure accounting information systems for their future employers.

The changes continue the college’s trademark responsiveness to community and industry needs.

The financial counseling minor gives students the background to help clients improve their financial well-being. They’ll be equipped to educate clients about sound financial principles and guide them to overcoming debt, improving money management, developing financial goals and strategies, and working through financial challenges.

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Montgomery Schools Top Market-Simulation Game

Roy A. Fletcher, assistant professor of business administration: banking and finance, offers to share classroom access to the college’s live market tracking tools.

Gerri F. Luke, dean of business and hospitality, offers an inspirational message, asking students to consider doing their best for others a bigger win than doing their best for themselves.

FNB Bank regional president Bryan Holmes addresses the group.

Students from seven Lycoming County high schools and three middle schools visited Penn College’s Thompson Professional Development Center to celebrate their completion of Economics Pennsylvania’s 2015-16 Stock Market Game. The Stock Market Game is a classroom simulation that offers players the opportunity to invest a hypothetical $100,000 in stocks, bonds and mutual funds. The top high school team, announced at the recent gathering, was Montgomery Area High School, which finished the year with 169,855.70 total equity, followed by Loyalsock Township High School and Muncy High School. Among middle schools, Montgomery Area finished first with $131,689.69, followed by Muncy Junior High School and Williamsport Area Middle School. As part of the event, students participated in a “professional meet and greet” with representatives of FNB Bank, the Williamsport Sun-Gazette, EconomicsPennsylvania and Penn College’s School of Business & Hospitality. Comments were offered by Gerri F. Luke, dean of business and hospitality; Brian K. Walton, assistant dean of business and hospitality; and Roy A. Fletcher, assistant professor of business administration: banking and finance, as well as Bernard Oravec, publisher of the Williamsport Sun-Gazette; Bryan Holmes, regional president of FNB Bank; and Carolyn Shirk, of EconomicsPennsylvania.

Speaker to Offer Money-Management Tips in Comedic Performance

Colin Ryan

The public is invited to laugh and learn with comedic financial expert Colin Ryan from 5-6 p.m. Wednesday, April 20, in Pennsylvania College of Technology’s Klump Academic Center Auditorium.

Ryan’s appearance is sponsored by the college’s Student Government Association and its chapter of Delta Mu Delta, a national business honor society, as well as the Student Activities Office and the School of Business & Hospitality. Admission is free.

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‘Interested Students Day’ Provides Much to Hold Their Interest

A prospective student explores the college’s “Interactive Broker” live brokerage software during a session led by Roy A. Fletcher, assistant professor of business administration/banking and finance.

Mark A. Ciavarella, assistant professor of business administration/management, talks with a potential student during a “meet and greet.”

Attending a hands-on demonstration

Michael D. Shipman, instructor of business administration/accounting, attends a session and answers questions.

Admissions Representative Mark R. Capellazzi provides information about the college and its business and accounting majors.

The School of Business & Hospitality invited students who have applied or been accepted to the college’s business and accounting majors to an “Interested Students Day” on Feb. 26. While here, the prospective students were welcomed by the school’s dean and assistant dean, were treated to lunch with faculty, attended hands-on demonstrations in social media marketing and the college’s live brokerage software, and had the opportunity to sit in on a Principles of Management class session taught by Terry A. Girdon, professor of business administration/management. Later, they participated in a meet-and-greet with accounting and business faculty and admissions staff.
Photos by Tia G. La, student photographer

Business Mentors Turn High School Students From Dreamers to Pioneers

Samuel Ryder shares real-world insight.

Ingenuity meets collaboration

Tim Keohane indulges curiosity after his presentation.

Carolyn Shirk engages up-and-coming businessfolk.

Students from area high schools fine-tuned their ambition and acumen on Friday in Penn’s Inn, where Penn College’s School of Business & Hospitality partnered with EconomicsPennsylvania to present the Entrepreneurship Challenge. Working in teams, the enterprising students took their concepts from ideas to viable business plans. Instructing them in the steps to bringing their business models to life were Carolyn Shirk of EconomicsPennsylvania; Tim Keohane, of the Small Business Development Center at Lock Haven University; and Samuel Ryder, vice president/group manager at FNB Bank, and a member of the school’s Business Administration Advisory Committee. EconomicsPennsylvania is a not-for-profit organization with a mission to ensure every young person in Pennsylvania understands essential economic and financial literacy concepts.

Alumni Prep Students on Verge of Diving Into Labor Pool

Kayla A. Gross, an applied management student from Danville, talks with 2011 business administration: banking and finance alumna Amy (Dibble) Chervinsky.

Business students chat in the SASC lobby.

Chris Frantz, ’05, business management, talks to an attentive audience that filled the SASC presentation room.

A student asks alumni for their book recommendations.

Greg Miller, ’12, building automation technology, answers one among a bounty of student questions.

Four Penn College alumni returned to campus Thursday evening to network with business students and offer practical tips for their coming immersion in the job market. Those who spoke were Chris Frantz, ’05, business management, who is director of marketing for Savoy Furniture; Amy (Dibble) Chervinsky, ’11, business administration: banking and finance concentration, who is an associate commercial loan officer for Chemung Canal Trust Co.; Tamara Pavlov, ’11, business administration: management concentration, who is a registered adviser representative for Moff & Associates; and Greg Miller, ’12, building automation technology: heating, ventilation & air conditioning technology concentration. Before networking over refreshments, the alumni spoke to a filled Student and Administrative Services Center presentation room about such topics as work ethic, resume and networking tips, internships, soft skills, problem-solving and the importance of maintaining a healthy lifestyle while putting in long working hours.

Students Explore Career Returns on Simulated Investments

The School of Business & Hospitality’s Gerri F. Luke, dean, and Brian D. Walton, assistant dean, chat with students during the event’s “professional meet-and-greet.”

High school students chat with Terry A. Girdon, professor of business administration/management at Penn College, and Sam Ryder, senior vice president of FNB Bank (right).

Terry A. Girdon, professor of business administration/management, addresses a full room.

John D. Grigsby, assistant professor of business administration/accounting and head of the college’s accounting and financial planning department, talks with students about the college’s programs.

Bernard A. Oravec, publisher of the Sun-Gazette, talks about the business side of a daily newspaper.

Students from high schools and middle schools around Lycoming County convened on the Penn College campus Wednesday for the grand finale of EconomicsPennsylvania’s Stock Market Game. The Stock Market Game is a classroom simulation that offers players the opportunity to invest a hypothetical $100,000 in stocks, bonds and mutual funds. Prior to receiving awards for the highest total end-of-game equity, the students attended a professional meet-and-greet with business representatives and faculty and staff from the Penn College School of Business & Hospitality, and heard remarks from Gerri F. Luke, dean of business and hospitality; Terry A. Girdon, professor of business administration/management; John D. Grigsby, assistant professor of business administration/accounting; Bernard A. Oravec, publisher of the Williamsport Sun-Gazette; and Sam Ryder, senior vice president of FNB Bank.

Walton Appointed Assistant Dean at Penn College

Brian D. Walton

Brian D. Walton has been named assistant dean of business and hospitality at Pennsylvania College of Technology.

Walton had served as coordinator of academic operations for the School of Business & Hospitality since June 2013.

“Brian Walton is an excellent addition to the leadership team in the School of Business & Hospitality,” said Paul L. Starkey, vice president for academic affairs/provost. “Brian brings great creativity and energy to the role of assistant dean. He has produced excellent results in working with the faculty to assure our students of the best educational experience possible.”

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Dean of Business & Hospitality Appointed at Penn College

Gerri F. Luke

Gerri F. Luke has been named dean of business and hospitality at Pennsylvania College of Technology.

Luke had served as interim dean since July. Previously, she was a professor of business administration/management and marketing and received the Veronica M. Muzic Master Teacher Award, the highest level of recognition for a Penn College faculty member, in 2013. She joined the faculty in 2004.

“In Gerri’s brief tenure as interim dean, she immersed herself in gaining a comprehensive understanding of all facets of the School of Business & Hospitality,” said Paul L. Starkey, vice president for academic affairs/provost. “She brings great experience and a passion for student success to this leadership role. She has been an outstanding educator and will now be an outstanding leader.”

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