From the Dean's Desk

Guest column: Ken Kelley

Martijn Cremers

Martijn Cremers

Monday, 10 May 2021
Research Grants
Many outside of academia consider summer – when the majority of students generally return home – like the days of elementary school when summer break meant, well, a break. Internally, though, we often think of summer as being the time when faculty research moves into high speed, when all of the research that did not get accomplished during the academic year is scheduled to be done.
Whereas many faculty members have no teaching or a very light teaching load in the summer, the truth is that the Mendoza faculty who have research as part of their duties (namely research faculty and tenure-track and tenured faculty) conduct research throughout the year, and especially during summer when other activities slow down.
Research is fundamental to Notre Dame’s mission, where we have a “responsibility to advance knowledge in a search for truth through original inquiry and publication. This responsibility engages the faculty and students in all areas of the University, but particularly in graduate and professional education and research.” Conducting this research, though, is also expensive. Very expensive.
The College supports research in many ways, including providing data sets, infrastructure, equipment, personnel and opportunity (i.e., time) to conduct research. I’d like to use this column to highlight sponsored research at Mendoza – which is more colloquially known as a grant – and to emphasize that grants do provide a potential path for researchers who have specific needs outside of what the College can provide.
All grants have certain restrictions on what the funds can be used for, but they often provide a great deal of flexibility for the faculty. For example, depending on the particulars of the grant, one could hire a research scientist, purchase data not provided by the College, collect data beyond that which the College can support (e.g., via the Mendoza Behavioral Lab), fund post-docs for collaborative research, support dissemination of findings (e.g., via conference presentation/travel) and provide equipment (e.g., computing nodes), among other things.
The College has a support structure for grants that some may not be familiar with. Further, we have worked on new initiatives that make pursuing an external grant more appealing. Please reach out to me if you would like to discuss sponsored research or gifts.
A related but distinct avenue for research support are gifts, which can be bestowed by individuals or companies. Gifts allow a researcher the flexibility to pursue avenues of research that might be difficult or impossible otherwise, but do not come from the same process or usually the same restrictions.
Grants are a necessity in the College of Science and the College of Engineering, and in some of the areas of the social sciences within the College of Arts and Letters. There is often an expectation that funding to support one’s research comes almost exclusively from external sources.
Historically, Mendoza has neither encouraged nor discouraged the pursuit of grants, although some faculty members have successfully pursued them. The benefits are great for those who receive funding, but seeking external funding can be a hard-fought battle, often taking multiple attempts. For example, the success rate of federal grants from agencies such as the National Science Foundation, National Institutes of (Mental) Health or foundations such as the Lilly Endowment or the Templeton Foundation can be in the low single digits. Other avenues for funding are from companies with specific research calls (e.g., Facebook or eBay).
All of that said, I want to make clear that Notre Dame and the College have a strong infrastructure to support sponsored research. Notre Dame Research (NDR) provides pre-award support services so that much of the heavy administrative burden is removed from the faculty member (and the various forms and documentation done by experts). Internally, I provide whatever assistance is needed in terms of research agreements, MOUs, approval of resources, and so on. Mendoza’s NDR pre-award specialist Allison DeBlock can address any questions about the specifics of a grant application (and help with all of the paperwork necessary for submission, such as budgets).
Examples of Mendoza researchers who have recently pursued grants and been successful include:
  • Corey Angst in collaboration with colleagues from Computer Science and Engineering on a federally funded project about identification of social transmission and evasion of COVID-19. This project combines computer science methods of location-based instrumentation in an information technology infrastructure for tracking close contacts. It is an exciting project that will have implications beyond COVID-19.
  • Matt Bloom has been a very successful grant writer, along with collaborator and M&O colleague Manuela Casti Yeagley. Matt’s work on wellbeing and flourishing in the workplace have garnered major funding from two foundations: the Wellbeing at Work from the Templeton Religion Trust; and the Flourishing in Ministry from the Lilly Endowment, which Matt is well known for and has been highly publicized. Matt’s work has also led to the WorkWell app for enabling users to discover and engage with daily practices to boost their well-being and measure their progress, complete with a personalized wellbeing profile based on research.
  • Ahmed Abbasi received funding from the National Science Foundation for a project using social media to examine adverse health outcomes.
  • Ahmed AbbasiDavid Dobolyi, and I have been funded by eBay to evaluate machine learning and related models in the context of digital experimentation, in collaboration with Sriram Somanchi.
  • Zifeng Zhao received funding from the National Science Foundation along with a colleague from Purdue to advance time-series methods (e.g., for modeling financial and other time-varying data).
  • Scott Nestler, Martin Barron, Seth Berry and John Lalor were funded by the ACC to study student-athlete well-being in the face of COVID-19.
  • Nick Berente obtained funding through the federal government to work on a project about integration and enabling national cyberinfrastructure with community involvement.
A strong research community, with or without external funding, is a vital part of Mendoza’s history and to its future. Brother Leo Ryan, who served as dean from 1975 to 1980, said research “imparts a way of looking at the world, a thirst for knowledge, a desire to be engaged in the latest developments of a discipline.”
To close, let me say how thankful I am for all of our faculty and staff members who support our research efforts. Please know that I am most certainly open to hearing about other ways in which we can improve our research infrastructure to facilitate publication or to discuss grants and the incentives available for external funding of research.
Best wishes,
Ken
Ken Kelley, Ph.D.
Senior Associate Dean for Faculty and Research 
Edward F. Sorin Society Professor of IT, Analytics, and Operations

New Research

Martijn Cremers

Martijn Cremers

Monday, 26 April 2021

I’m pleased to highlight the following recently published Mendoza research papers:

Robert Battalio, Professor of Finance and the William and Cassie Daley Department Chair
"Do (Should) Brokers Route Limit Orders to Options Exchanges That Purchase Order Flow?"
Journal of Financial & Quantitative Analysis (February 2021)
In the fourth quarter of 2020, market making firms Citadel, Global Execution Brokers, Wolverine Execution Services, and Morgan Stanley & Co paid the retail brokerage firm Robinhood over $141 million dollars for the opportunity to execute their retail options orders. In our paper, my coauthors and I demonstrate that selling options orders to the highest bidder can result in higher overall trading costs for the broker’s customers.

Frank Germann, Associate Professor of Marketing
"Do Marketers Matter for Entrepreneurs? Evidence from a Field Experiment in Uganda"
Journal of Marketing (forthcoming)
This article examines the effects of a business support intervention in which international professionals from different functional backgrounds volunteered time to help Ugandan entrepreneurs improve growth. Findings from a multiyear field experiment show that entrepreneurs who were randomly matched with marketers significantly increased firm growth. As small-scale businesses form the commercial backbone of most emerging markets, their performance and development are critically important. Marketers’ positive impact on these businesses highlights the need for the field’s increased presence in emerging markets.

Brittany Solomon Hall, Assistant Professor of Management & Organization
Cindy Muir (Zapata), Associate Professor of Management & Organization
"Why Disagreeableness (In Married Men) Leads to Earning More: A Theory and Test of Social Exchange at Home"
Personnel Psychology (accepted)
This work focused on at-home spousal exchanges to help explain why disagreeable men tend to earn more. Based on two studies of opposite-sex married couples, we found that disagreeable men tend to be less concerned with and helpful to their wives, especially when harboring traditional gender role attitudes. Such self-interested exchanges allow them to devote greater resources to their jobs, resulting in higher pay, especially when their wives demonstrate higher performance on household tasks and are conscientious.

Yoonseock Son, Assistant Professor of IT, Analytics, and Operations
"Effectiveness of Integrated Offline-and-Online Promotions in Omnichannel Targeting: A Randomized Field Experiment"
Journal of Management Information Systems (forthcoming)
Using a field experiment design, we provide empirical evidence of an offline direct experience effect and revealed short-term channel substitution (spillover) effects among customers who only use the online-channel (offline-channel). We further examine omnichannel conversion behaviors after exposure to online promotion and develop different coupon schemes based on responses to the previously offered offline initiative. Finally, we detect patterns of post-treatment omnichannel migration and confirm the effectiveness of integrated omnichannel promotions in fostering omnichannel shopping.

Hal White, Vincent and Rose Lizzadro Professor of Accountancy
"Investor Relations, Engagement, and Shareholder Activism"
The Accounting Review (accepted)
We examine whether firms can mitigate the costly effects of shareholder activism through the use of a dedicated investor relations (“IR”) function, which facilitates direct and ongoing dialogue between management and shareholders. We find that IR is associated with increased investor confidence in management and the board, as well as a lower likelihood of activism, with this deterrent effect becoming stronger when there are fewer frictions surrounding the development of mutual understanding and trust with investors.

Brother Leo Ryan, who served as dean from 1975 to 1980, said, “Faculty who are exploring the frontiers of new knowledge are teaching not only for the present, but also for the future.”

I’m thankful to all of our faculty members who contribute to future of the College and their disciplines through their research.

In Notre Dame,

Martijn


Excellence Awards

Martijn Cremers

Martijn Cremers

Monday, 19 April 2021

During Wednesday’s Staff Town Hall, I had the opportunity to announce the 2021 Dean’s Excellence Awards, which recognized three Mendoza teams whose hard work and dedication were truly exceptional. In today’s message, I am sharing the award announcements again for faculty members and those staff members who weren’t able to attend the Staff Town Hall.'


Dean’s Excellence Award for Integration: MSA Enrollment Success
This award is presented to a cross-functional team who have worked together to accomplish a goal or complete a project that is in line with the vision, mission and priorities of the College.
Congratulations to the following marketing and MSA team members: Colleen Cota, Heather DeCourval, Phil Drendall, Lucas Eggers, Dave Grundy, Helen High, Amanda Jacobson, Cathi Kennedy, Santhosh Lakkaraju, Shane McCoy, Lisa Michaels, JR Nemelka and Kellie Rzepka.
This team put in an amazing effort to turn around the enrollment in our Master of Science in Accountancy program (working closely with professors Jim Seida, Sandra Vera-Muñoz and Kristen Collett-Schmitt), including consistent outreach to prospective students and innovative marketing to increase awareness and to build content for underrepresented populations and women. Because of their efforts, the team was able to increase created applications by 26% and submitted applications by 56%, which resulted in a projected enrollment substantially above the current enrollment.

Dean’s Excellence Award for Elevation: Mendoza IT for its support of the Mendoza community during the COVID-19 pandemic
This award is presented to a team that has shown exemplary accomplishment toward a significant achievement through innovative thinking.
Congratulations to the Mendoza IT team of Chris Fruehwirth, Hank Gettinger, David Hardman, Ryan Hudson, Jerry Kickul, Ryan Kraszyk, Frank Mark, Jeremy May, Nick Page, Jim Spencer, David Yeh and Kyle Way.
The start of the pandemic brought Mendoza’s normal operations to a halt. As we quickly adapted to a new virtual environment, Mendoza IT made sure that everyone could get the help and instruction they needed. The IT staff answered a very large volume of chats, phone calls and emails from faculty, staff and students across Mendoza — with compassion, patience and efficiency. The members of the IT team were regularly in the building and on call in order to ensure that the College remained operational.

Dean’s Excellence Award for Elevation: Mendoza Faculty Support Team for its support to the Mendoza community during the COVID-19 pandemic
The third award also recognizes a team that has shown exemplary accomplishment. Congratulations to Faculty Support staff members Rachel Karnafel, Maggie Neenan-Michel, Denayia Phillips, Amy Spangler and Tami Springer.
Since the beginning of the pandemic, the Faculty Support Team has exemplified a positive, servant attitude. The team remained on campus, quickly adjusting to safety protocols and serving as a source of steadfast support to Mendoza faculty, staff and students. They assumed extra responsibilities such as distributing face masks, ordering sanitizing supplies and picking up and dropping off packages at the mail distribution center. During a time of great upheaval, Faculty Support has been an unwavering source of support to the whole Mendoza community.

Please join me in congratulating all of these award recipients. I am so very grateful to all of them!

In Notre Dame,

Martijn


Guest column: Michael Brach, Executive MBA program director

Martijn Cremers

Martijn Cremers

Monday, 12 April 2021
Announcing a new format for Notre Dame EMBA-Chicago
I’m excited to let you know about an upcoming change to the Notre Dame EMBA-Chicago program that will enhance the experience we offer our students.
Starting in January 2022, our EMBA-Chicago program will follow a two-year format with monthly residencies from Thursday through Saturday at our downtown Chicago campus. Previously, the EMBA-Chicago was offered as a 17-month program with bimonthly residencies.
Our aim in making this change to the format is to ensure that we are providing our students the very best EMBA experience and program outcomes possible.
The perception of the program in the marketplace is extremely positive and our alumni speak very favorably about their experience.  The feedback we’ve received from students and surveys over the last few years has shown that satisfaction with the program has improved significantly.  With this change, Mendoza will be best equipped to meet the needs and expectations of students at the highest level possible. Our EMBA-South Bend program has been the two-year, monthly residency for some time.
Beginning earlier this spring, associate dean Walt Clements and I spoke with various audiences including department chairs, the EMBA curriculum committee and EMBA faculty, staff and students to discuss various data points and options to improve the program. We looked at data across the South Bend and Chicago programs related to faculty and teaching methods, curriculum, career development services, operations and administration, and the overall student satisfaction with the program. We also compared our results to other EMBA programs in the region/industry.
As we compared our Chicago program to the South Bend program, and both of those program offerings to other programs in the region, several recommendations for curriculum adjustments were advanced. In addition, the 17-month format in Chicago was identified as a limiting factor in further elevating the student experience.
The advantages of the new format for our students include:
  • Additional opportunities to build relationships with business professionals in their cohort, faculty members and the broader Notre Dame community.
  • Extended time to work together between residencies on group projects, which are a central part of the EMBA curriculum.
  • More flexibility as they balance professional, personal and program demands each month.
  • Reduced cost and stress of travel for those who fly into Chicago from all over the U.S.
  • A closer alignment with the EMBA-South Bend program, allowing for increased opportunities for collaborative learning experiences.
The new format is part of our ongoing commitment to provide EMBA students with an optimal educational experience supported by alumni, faculty, staff and the larger Notre Dame community. The schedule provides Chicago based students increased opportunities to participate in speaker and networking events, international engagements and more electives.
The planning and effort undertaken to review and analyze the program were significant. We appreciate the time and efforts of everyone involved in the process, particularly the efforts to revise operational plans and calendars, revise the content on the website, and communicate the changes to our various audiences. THANK YOU!
In Notre Dame,
Mike
Michael Brach '88
Director, Executive MBA Program

Summer Programs

Martijn Cremers

Martijn Cremers

Monday, 5 April 2021
I hope you had a wonderful Easter Sunday and were able to celebrate the spirit of renewal and rejuvenation that the Eastertide season represents.
In the University update sent Thursday, the provost outlined a modified approach to summer academic programs on campus. The aim is to balance offering opportunities to students and faculty alongside the number of activities that campus operations can safely support.
For Mendoza, most of our undergraduate summer courses are already online, so the news primarily affects our graduate programs. The announcement means that all teaching for our graduate degree programs this summer will be in-person.
Subject to current health and safety requirements, the following in-person orientations are scheduled for early summer:
  • MS in Finance-Chicago: May 17 - 20
  • MBA One-Year: June 1 - 11
  • MS in Finance-Residential: June 7 - 11
  • Executive MNA: June 11 - 13
  • MS in Management: June 14 - 18
The graduate programs may provide individual accommodations for in-person teaching depending on their students’ circumstances and pedagogical needs, as well as faculty needs and circumstances. For example, the EMNA program, with the support of faculty and staff, is allowing students to choose whether to take a particular class in person or online.
It is exciting to be making these steps to return to normal. Still, returning to full operations is a process and will continue to require us to be flexible and patient.
There are many questions to be answered, such as what classroom arrangements will look like, whether visitors will be allowed, what any faculty accommodation process for the summer and fall looks like, and what the summer schedule means for staff returning to campus. The University continues to discuss these topics and many more. The University and I will keep you updated as decisions are made.
In Notre Dame,
Martijn

Latest from the Dean