The University of Alabama at Birmingham National Alumni Society has announced the UAB Excellence in Business Top 25 Class of 2015.

alumni businesses 2015 315The award program is designed to identify, recognize and celebrate the success of the top 25 businesses owned or operated by UAB alumni.

Those nominated are ranked by set award criteria: Each must have been in operation a minimum of 36 months, have verifiable revenue of at least $150,000 in the past 12-month period, and be owned, operated or founded and managed by an alumnus of UAB.

These are the 2015 honorees, recognized during an awards luncheon March 10 in the UAB Alumni House:

decarlo thomasThe business world divides salespeople into hunters and farmers. Hunters generate sales by prospecting for new business; farmers generate sales by maintaining and enhancing existing customer relationships.

A new study by Thomas DeCarlo, Ph.D., professor and interim chair of the Department of Marketing, Industrial Distribution and Economics in the University of Alabama at Birmingham Collat School of Business, breaks new ground on ways to identify effective hunters and farmers in the sales force, and it also may point the way to better bottom lines for businesses. DeCarlo has demonstrated a 3 percent improvement in company sales profitability for salespeople who are “ambidextrous” — that is, high in both hunting and farming orientations.

Collat campus map locationStage one planning for a new building that will house the University of Alabama at Birmingham’s Collat School of Business and B.L. Harbert Institute for Innovation and Entrepreneurship has been approved by the University of Alabama System Board of Trustees.

The facility is being supported by two major gifts from the Joy and Bill Harbert Foundation, Inc., and Medical Properties Trust, Inc.

Business Honors Student Tori Gandyby Sarah Domm

Collat Business Honors student Tori Gandy has been invited to join the 2015 Teach for America Corps. Tori, along with two other UAB invitees, will spend the next two years teaching in low-income areas throughout America.

Teach for America (TFA) is a nonprofit corps composed of high-achieving recent college graduates and professionals. Corps members are committed to expanding educational opportunities for children facing the challenges of poverty by committing for two years to teach in high-need schools. 

The TFA application process is highly competitive, with an acceptance rate of just 15 percents in 2014. Tori was chosen from more than 50,000 applicants at more than 850 colleges and universities throughout America. TFA takes great pride in recruiting corps members from diverse backgrounds and a wide range of academic disciplines.

andrew milsteadAndrew Milstead, senior finance major in the UAB Collat School of Business and Business Honors student, hopes to bring natural apiaries to the Birmingham area through a project he’s pursuing as part of a national initiative to develop America’s next-generation leaders.

Oliver studentManagement instructor Nathan Oliver was honored with the 2015 President’s Award for Diversity. The Vice President for Equity and Diversity and the Office of the Vice Provost for Student and Faculty Success recognized UAB’s outstanding leaders at a special luncheon for their commitment and contributions to diversity on campus.

For the past four years, Oliver has led Collat’s Business Student Scholars program, a service-learning program geared towards providing students with an opportunity to apply business concepts and knowledge in real world settings while also mentoring local area high school students. Student teams engaged in unique, highly impactful service projects aimed at enhancing economic development in Alabama’s rural Wilcox County and in the City of Birmingham. These projects helped bridge the gap between UAB and the communities it serves, and promoted the university’s core values, which include an appreciation for diversity of all kinds.

 
 
businessonline insideThe Master of Accountancy online degree at the University of Alabama at Birmingham’s Collat School of Business has been ranked among the top 10 programs of its kind, according to a list released this month by www.online-accounting-degrees.net.

This ranking is the second national accolade the program has received this year after being recognized as 17th in U.S. News & World Report’s 2015 Best Online Programs rankings.

Donner Amy and DuaneThe Collat School of Business recently received a $125,000 gift from Amy and Duane Donner for its Healthcare Leadership Academy. Founded in 2009, the academy is a joint collaboration between the Collat School of Business and  the School of Medicine, and it has helped the university retain promising health-focused faculty and staff. The academy’s mission is to identify and develop future leaders of the UAB academic medical center.