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Millikin University's Master of Business Administration (MBA) program will host a Preview Night on Thursday, June 20 at 5:30 p.m. in Room 212 of ADM-Scovill Hall on Millikin's campus.

Millikin's MBA Preview Night will provide information on Millikin's graduate program in the Tabor School of Business. The 17-month program meets two nights per week and features expert faculty members, executive lecture series speakers and a two-week international business trip. The Preview Night will give prospective students the opportunity to meet MBA program director, Dr. Anthony Liberatore, and receive answers to questions regarding the program.

Millikin's MBA program is fully accredited by the Association of Collegiate Business School Programs. The program is team based, results oriented, and designed for today's working professionals.

Millikin's next MBA class starts in January 2014 and the program is now accepting applications.

For more information on the benefits of a Millikin MBA or to register for the event, contact the MBA office at 217.424.3503 or e-mail mba@millikin.edu. Information on the graduate program is also available online at www.millikin.edu/mba.
Business Competitions offer unique learning experiences for Millikin students

2013 Freshman Business Plan Competition

First-year business students in Millikin University's Tabor School of Business are required to create a business plan as part of their Introduction to Business course. Recently, they competed as teams to become finalists for the 2013 Freshman Business Plan Competition held during Millikin's Celebrations of Scholarship on April 26 in ADM-Scovill Hall on Millikin's campus.

The Introduction to Business course is designed to provide first-year undergrads with a basic understanding of business. The course stresses the personal and professional development of various business functions culminating with a team-designed written business plan outlining a proposal to operate an enterprise of their choice and a professional presentation.

The first presentation of the competition came from Forumstudy featuring Debbie Vogel, a freshman from Springfield, Ill.; Taylor Lowery, a freshman from Avon, Ind.; and Trevor Crum, a freshman from Heyworth, Ill. Forumstudy is a web-based company that sells textbooks in e-book format to college students.

The competition's second presentation came from the company Illiniwek Unlimited Shooting featuring Dillon Damarin, a freshman from Decatur, Ill.; Diana Popoca, a freshman from Woodstock, Ill.; and Rachael Coyle, a freshman from Amboy, Ill. Illiniwek Unlimited Shooting is a unique shooting range facility that incorporates specialty lessons to help overcome the problems of the shooting range industry.

The final presentation of the competition came from Pearl Leaf Tea Company featuring Natalie Mendez, a freshman from Palos Heights, Ill.; Alex Tueth, a freshman from Decatur, Ill.; Mallory Casner, a freshman from Pana, Ill.; and Nathan Trout, a freshman from Highland, Ill. Pearl Leaf Tea Company is a boba tea shop that offers a mix of boba beverages including additional items such as gourmet pretzels.

Illiniwek Unlimited Shooting was chosen the winner of the 2013 Freshman Business Plan Competition. As a result of the votes, the team receives an all-expense paid trip to the Dominican Republic next January. The trip will provide an opportunity for the students to learn about and experience international business. 

Watch a video about the 2013 Freshman Business Plan Competition

"The amount of work and research we did leading up to the competition gave us an idea on how to run a business," said Dillon Damarin. "It was fun and it was a good experience. Some of the things I learned from this project were time management and teamwork. I was excited that we won because it was a really good competition."

Rachel Coyle added, “One of the more important parts about this project is learning how to work in a team, and understanding how much research it takes to figure out how to run a business efficiently. It was a hands-on experience that taught important business skills. I was extremely happy that we won the competition."


2013 Business Creation Competition Winners

The 2013 Business Creation Competition showcases student ideas and concepts for a business. Students compete individually or as a team for cash prizes and seed funding based on the quality, creativity, and innovation of their business. The competition is open to Millikin undergraduate students from any area of study.

Students prepare a business model and presentation for a panel of judges made up of outside business professionals. Judges considered the following in their selection process:

- Creativity/Innovation of business idea/concept/model
- Validation of why the business idea will work

The Millikin University Tabor School of Business is pleased to announce the winners of the 2013 Business Creation Competition.

$1,650 award
Dux Labs
– Levi Cushing, a senior from Decatur, Ill.; Blake Walters, a junior from Taylorville, Ill.; Aaron Davis, a senior from Morton Grove, Ill.; Conner Kerrigan, a junior from Frankfort, Ill.; and Kort Branscome, a freshman from Greenville, Ill.

Dux Labs is a start-up tech development firm that strives to be the leaders in providing useful, innovative and fun applications available to the masses.

$500 award
Role Model Entertainment
– Urbane Dunlap, a senior from Ottawa, Ill.

Role Model Entertainment is a company that focuses on the development of independent musical talent, creation of product, and the marketing of clients’ finished products including digital distribution of music.

$500 award
Branch-Out Athletics
– Malcolm Branch, a senior from Chicago, Ill.

Branch-Out Athletics (BOA) is for individuals who want to both prepare themselves for a self-sufficient lifestyle as well as enhance their athletic skill to a greater level under expert instructional training.

$150 award
Jon T. Clothing
– Jonathan Tyler Hicks-Oliver, a junior from Decatur, Ill.

Jon T. Clothing will allow customers to see the vision and a dream of the designer. Jon T. Clothing will give customers a high quality product that's fashionable, trending, fair in price and accessible while upholding Jon T. Clothing's slogan of "every aspect of life, wear what you envision."

$100 award
AK Engineering
– Alex Kidd, a senior from Decatur, Ill.

AK Engineering is an audio engineering company that offers live audio reinforcement as well as studio recording assistance based out of Decatur, Ill.

$100 award
Peter Party
– Peter Khiev, a senior from Saint André les Vergers, France

Peter Party is an online shop where customers order all the food and beverages they need to have for a party and can be picked up at the company's warehouse. The company is located in Saint André les Vergers, France.

The competition judging panel included Professor Dennis Beard '82, a member of Serra Ventures, LLC, a consulting and investment firm located in Champaign, Ill.; Pete Paulin, chief executive officer of 300 Below, Inc.; and Chris Phillips '98, vice president of marketing at Land of Lincoln Credit Union.

Some winners may be invited to apply for additional funds as well as a space in Millikin's student business incubator, The Hub. A variety of businesses have been presented in past competitions including recording companies, theatre companies, a micro-investment firm, a graphic design company, restaurants, a software development company, and more.

For more information about the annual Freshman Business Plan & Business Creation Competitions, visit www.millikin.edu/tabor or call the Millikin University Tabor School of Business at 217.424.6285.


Millikin University business students were recognized for their outstanding efforts at the 52nd annual Collegiate DECA International Career Development Conference (ICDC) held April 17-20 in Anaheim, Calif. The team of Peter Bushnell, a senior entrepreneurship major from Elmhurst, Ill., Jamie Rockhold, a junior accounting major from Clinton, Ill., and James Vavak, a junior marketing major from Fenton, Mo., won the 2013 ICDC Entrepreneurship Challenge. The team of James Vavak and Malcolm Branch, a junior management major from Chicago, Ill., placed in the top ten of the ICDC Sports and Entertainment Marketing Competition.

"Our students were competing against the best from other states," remarked Dr. Carrie Trimble, Millikin assistant professor of marketing. "The students were very confident during their interaction with the judges, and they were amazingly excited and exceptionally happy when they were announced the winner of the entrepreneurship challenge."

During the entrepreneurship challenge, students worked in teams to create a unique business concept based on a theme provided during the conference. Each team made a brief presentation to one or more judges who determined which team made the best business pitch. This year's theme focused on rising health care costs for business employees.



Millikin's team created a concept focusing on a food truck that sells fresh and healthy foods to businesses. The concept included sharing healthy lifestyle choices and nutritional information with business employees. The award for winning the challenge was a $5000 scholarship and a $350 prize for the individual chapter. The award was sponsored by Hilton Worldwide and the International Franchise Association Educational Foundation.

"We had a great team and we felt that we had all aspects of the business covered going into the event," remarked Rockhold. "It was amazing to be a part of the event because there were so many students from a variety of schools and different countries. You have the opportunity to talk with the best of the best and hear about their business programs – it was an eye-opening experience."

Trimble added, "For this particular event you have to think on your feet and work together, and the feedback they received described how well they worked together as a team. It's all about articulating your concepts and focusing on the idea, and I think they did an amazing job. The students are accustomed to making presentations and talking to adults about what they are doing, and that makes a big difference."



James Vavak and Malcolm Branch's first project during the Sports and Entertainment Marketing Competition focused on creating a marketing strategy for a movie theater based in a small market. The team developed a competitive analysis of surrounding movie theaters and created a marketing campaign for their theater. After reaching the finals of the competition, Vavak and Branch's final project was centered on managing a sports commission in a growing city. For this particular project the team had to create a five-year strategic plan describing the growth of a sports committee within the city and building the community.

The International Career Development Conference offers DECA members the chance to engage in challenging learning activities, receive awards and recognition for competitive and chapter achievements, and expand peer and business networks.

DECA prepares emerging leaders and entrepreneurs for careers in marketing, finance, hospitality and management in high schools and colleges around the globe. DECA is organized into two unique student divisions each with programs designed to address the learning styles, interest and focus of its members. The Collegiate Division includes over 15,000 members in 200 colleges and universities. For more information on DECA, visit www.deca.org.
Millikin University’s Master of Business Administration (MBA) program will host a Preview Night on Tuesday, Aug. 28 from 5:30 to 6:30 p.m. in Room 207 of ADM-Scovill Hall. Millikin’s MBA program will also host an informational webinar on Thursday, Aug. 30 from noon to 1 p.m. Central Standard Time.

Millikin’s MBA Preview Night and webinar will provide information on Millikin’s graduate program in the Tabor School of Business. The 17-month program meets two nights per week and features expert faculty members, executive lecture series speakers and a two-week international business trip. The Preview Night will give prospective students the opportunity to meet MBA program director, Dr. Anthony Liberatore, and receive answers to questions regarding the program. Dr. Anthony Liberatore will also discuss the details of the program and the application process during the informational webinar.

Millikin’s MBA program is fully accredited by the Association of Collegiate Business School Programs. The program is team based, results oriented, and designed for today’s working professionals.

Millikin’s next MBA class starts in January 2013 and the program is now accepting applications.

For more information on the benefits of a Millikin MBA or to register for either event, contact the MBA office at 217.424.3503 or e-mail mba@millikin.edu. Information on the graduate program is also available online at www.millikin.edu/mba.
Millikin University’s Master of Business Administration (MBA) program will host a Preview Night on Tuesday, July 17 from 5:30 to 6:30 p.m. in Room 207 of ADM-Scovill Hall. Millikin’s MBA program will also host an informational webinar on Thursday, July 19 from 12 to 1 p.m. Central Standard Time.

Millikin’s MBA Preview Night and webinar will provide information on Millikin’s graduate program in the Tabor School of Business. The 17-month program meets two nights per week and features expert faculty members, executive lecture series speakers and a two-week international business trip. The Preview Night will give prospective students the opportunity to meet MBA program director, Dr. Anthony Liberatore, and receive answers to questions regarding the program. Dr. Anthony Liberatore will also discuss the details of the program and the application process during the informational webinar.

Millikin’s MBA program is fully accredited by the Association of Collegiate Business School Programs. The program is team based, results oriented, and designed for today’s working professionals.

Millikin’s next MBA class starts in January 2013 and the program is now accepting applications.

For more information on the benefits of a Millikin MBA or to register for either event, contact the MBA office at 217.424.3503 or email mba@millikin.edu. Information on the graduate program is also available online at www.millikin.edu/mba.
Millikin University’s Master of Business Administration (MBA) program will host a Preview Night on Tuesday, June 19 from 5:30 to 6:30 p.m. in Room 208 of ADM-Scovill Hall. Millikin’s MBA program will also host an informational webinar on Thursday, June 21 from 12 to 1 p.m. Central Standard Time.

Millikin’s MBA Preview Night and webinar will provide information on Millikin’s graduate program in the Tabor School of Business. The 17-month program meets two nights per week and features expert faculty members, executive lecture series speakers and a two-week international business trip. The Preview Night will give prospective students the opportunity to meet MBA program director, Dr. Anthony Liberatore, and receive answers to questions regarding the program. Dr. Anthony Liberatore will also discuss the details of the program and the application process during the informational webinar.

Millikin’s MBA program is fully accredited by the Association of Collegiate Business School Programs. The program is team based, results oriented, and designed for today’s working professionals.

Millikin’s next MBA class starts in January 2013 and the program is now accepting applications.

For more information on the benefits of a Millikin MBA or to register for either event, contact the MBA office at 217.424.3503 or email mba@millikin.edu. Information on the graduate program is also available online at www.millikin.edu/mba.
Freshman Business Plan Competition Winners

The Tabor School of Business certainly offers a world of opportunity and experience at Millikin University. First-year business students are quickly assigned to develop their first business plan as part of the Introduction to Business course. The business plan outlines a proposal to operate an enterprise of their choice with the evaluation process based on feasibility and profitability. All freshman business teams this past semester competed throughout the fall to become a finalist for the Freshman Business Plan Competition, held on February 1 in the Lower Richards Treat University Center. Four business plans were selected as finalists this year including The Frogurt Shoppe; Puppy Love; Berry Smooth; and Way Back When.

“In just a short amount of time our students already understand the language of business. We wanted our students to have the opportunity to compete and the opportunity to perform. It’s more than learning the book, you have to turn around and demonstrate what you know,” Millikin University Dean of the Tabor School of Business James Dahl said. “We want them to start from day one. The program helps them identify where they might have an interest in business.”

The first presentation of the competition came from Berry Smooth, a smoothie and alternative snack industry for today’s on-the-go and health conscious consumer. The program’s second presentation came from The Frogurt Shoppe, a frozen dessert shop that offers a healthier alternative, all-natural, low-fat, frozen yogurt. As part of their executive summary, The Frogurt Shoppe team described its main key to success is offering a “Fun Environment” to customers.

Puppy Love, a boarding, exercise, and high-end grooming company followed the first two presentations. Puppy Love was described as a Limited Liability Corporation with marketing focus on dog owners who are seeking the best treatment and love for their dogs. The final presentation of the competition was from Way Back When, a 1950’s diner that provides a unique dining experience with venture goals of quality service to customers and ensuring customer satisfaction.

Way Back When was chosen the winner of the Freshman Business Plan Competition with The Frogurt Shoppe finishing in second place. As a result of the votes both teams receive an all-expense paid trip to the Dominican Republic next January. The trip to the Dominican Republic will provide the Millikin University students an opportunity to learn about and experience international business. All finalists were awarded for their exceptional business plans at the conclusion of the Freshman Business Plan Competition.

Two groups of Millikin University students are among the top performing teams in the country following the spring 2011 Capstone Business Policy course, offered through Capsim Management Simulations. 

Offered twice a year, many universities across the United States participate in the Capstone Business Policy course. Over 1520 teams competed in this semester’s simulation, which utilizes 5 performance metrics: profit by round, cumulative profit, change in stock price, return on equity (ROE), return on assets (ROA), and asset turnover. The simulation runs for eight rounds, each of which is considered  a year. The 5 metrics above are calculated for each round for each group.  At the conclusion of the simulation, two Millikin groups demonstrated superior decision making.

“The simulation included some of the top teams in the country, and we’re very excited to see our students achieve such great success as they perform and compete,” remarked Dr. Jim Dahl, dean of the Tabor School of Business. 

Team Baldwin, comprised of Kevin Chavez, Brett Coffman, Dan Gongora, Ed Kelly, and Justin Thompson, ranked first country during the final round of return on equity.  In addition, this team finished the last round by scoring 33rd in the country on return on assets. Another Millikin team, Team Digby, comprised of students Ed Kirsch, Dustin Moore, Amanda Petrovic, and Cody Thatcher, ranked 11th in the country on asset turnover for the final round.

Capsim business simulations engage participants in a dynamic competition to turn struggling companies into successful, profitable businesses. Classes are divided into teams that work together to focus on strategy, finance, production, marketing and all the key elements that interact to build their business.  Instructors focus on directing the learning experience towards defined learning goals. 
With each round of decision making— representing a full year for the company—participants build their business acumen and decision-making confidence as they interpret data, shape strategies and experience the results.  
For more information on Capsim Management Simulations, visit www.capsim.com. 
Millikin University’s Tabor School of Business is now offering its Management degree in an accelerated evening format in Millikin’s Professional Adult Comprehensive Education (PACE) program.

“Tabor graduates have a long history of success in both the corporate and small business arenas, and we are thrilled to offer this new option for evening learners,” commented Dr. Jim Dahl, dean of the Tabor School of Business.

Millikin’s Bachelor of Science in Management degree prepares graduates to be effective managers. It looks at business from numerous angles: hiring and managing employees, using resources optimally, making strategic decisions, understanding finances, competing in a global environment, and leading from every level. The evening format is ideal for working adults because the business practices and strategies learned in the classroom can be applied to current work situations.

The degree program consists of 124 college credits, including a combination of upper-level major courses (21 credits), Tabor’s core business courses (51 credits), and University Requirement and Elective courses (52 credits).

The new degree opportunity will benefit the entire Decatur community, says Kevin Breheny, member of Millikin’s Board of Trustees and president of J.L. Hubbard Insurance and Bonds in Decatur.

"Millikin's Tabor School of Business has a tremendous reputation for producing highly qualified business leaders. This new degree option is great not only for area businesses, but for the community as a whole, advancing Decatur's commitment to accessible, high quality education for all," Breheny remarked. 

Decatur Chamber of Commerce Interim President Christine Pinckard agrees that the new evening offering will be beneficial to local businesses, adding, "It will provide the fundamental knowledge of business to everyone from small business owners to executives at major corporations."

In the accelerated PACE format, management courses will meet one evening per week for ten weeks. Most students take two courses at one time and earn up to 12 credits per semester. 

In 2003, the PACE program was developed to meet the educational needs of working adults. Since that time, nearly 700 students have graduated from Millikin’s evening program. Eighty-seven percent of all PACE graduates live or work in Decatur and Macon County. 

"Caterpillar is home to numerous graduates of Millikin's accelerated evening program. The new degree option offers another excellent opportunity for area professionals to pursue their educational goals while continuing to work,” remarked Walter Hupe, general manager for Caterpillar’s Integrated Manufacturing Operations Division in Decatur.

Information is available online at www.millikin.edu/pace, by e-mailing pace@millikin.edu, or by calling 217.420.6771. Apply online at www.millikin.edu/apply. 

Millikin’s PACE program is ideal for adults who may have previously earned an associate’s degree or some college credit at other institutions.  PACE offers an accelerated evening class format which allows students to take one class at a time one evening per week for 5-10 weeks, depending on the major. The program offers six Bachelor of Science majors: Accounting, Early Childhood Education, Elementary Education, Management, Nursing (RN to BSN), and Organizational Leadership. PACE also offers Educator Certification for Early Childhood Education and Elementary Education to adults who have already earned a bachelor’s degree and would like to become teachers.

For more information, visit www.millikin.edu/pace. 
Millikin University’s Tabor School of Business will host two information sessions for its Master of Business Administration (MBA) program on Wednesday, August 18. An informational webinar will be held from 12-1 p.m. Central Standard Time. Later that evening, the program will host a preview night from 5-6 p.m. in Millikin’s ADM-Scovill Hall, Rm. 109.

Both the webinar and preview night will provide information on Millikin’s MBA program.  The 17-month program meets two nights per week and features expert faculty members, executive lecture series speakers and international business experience in China. The convenient format is well-suited for working professionals. 

Register for the webinar or preview night online at www.millikin.edu/academics/tabor/mba/events.

Millikin’s MBA program is fully accredited by the Association of Collegiate Business Schools and  Programs. Millikin’s next MBA class starts in January 2011.  

For more information on the benefits of a Millikin MBA, contact the MBA office at 217.424.3503.  Information on the graduate program is also available 
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Millikin University - Decatur, IL
 
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