yoderProfessor Stephen Yoder talks with Birmingham Business Journal on the current status of the earlier prediction by industry insiders that new regulations and low interest rates would force community banks into merger and acquisition deals in 2013 and beyond. Yoder tells BBJ that a buyer is going to be a lot more selective today than it was 10 years ago because the financials just don’t look as good for a lot of the banks that might sell due to lower income from fees, loan write-downs and higher compliance costs. “The financial conditions for some banks are so poor that they aren’t worth as much as the buyers thought,” he said.

Kiersten Engle 200The performance of finance student Kiersten Engel as one of the top 100 international scorers on the BAT (Bloomberg Aptitude Test) earned an invitation for her to the BAT Summer Intern Challenge, an exclusive networking event in New York or London on August 1st.

Business student scholarsUAB business students have partnered with Birmingham high-school students to examine the history of the city and their role in the community in a new way.

Slowly but surely, “Back to School” displays are popping up in stores. But if back to school means back to budget woes, one University of Alabama at Birmingham (UAB) personal finance expert has tips to help stretch a dollar.

back_to_school_savings_sAdding up all the costs – supplies, clothes, shoes and electronics – highlights how expensive it can be to go to school. According to the National Retail Federation’s (NRF) 2013 Back-to-School Survey, families with school-age children will spend an average $634.78. Total spending on back-to-school is expected to reach $26.7 billion.

While the NRF said that spending is slightly down from last year, UAB School of Business Instructor Elizabeth Turnbull, M.B.A., explained that planning and preparation can help further reduce money spent.

It was a toxic mix, according to Bob Robicheaux, a retail professor with UAB who has done extensive research on the changes to the grocery industry in Alabama during the past 20 years.

“I’ve studied this very carefully and I’ve had access to proprietary information from Bruno’s,” Robicheaux said. “It’s pretty obvious that Wal-Mart targeted Alabama as the first state to try to expand its Supercenter concept aimed at the grocers here.”

see full story at AL.com...   Birmingham's grocery landscape reshaped by perfect storm two decades in the making

David AllenDavid Allen joins the UAB School of Business leadership team as the Senior Director of Development.  David comes from the UAB Department of Medicine where he served in a similar role since 2011. 

Jack 200The University of Alabama System Board of Trustees appointed Eric P. Jack, Ph.D., to the Wells Fargo Endowed Chair in Business Administration in the UAB School of Business during its meeting June 14, 2013. Jack, who became the dean of the school in April, joined the faculty in 2001.

Ford Motor Credit Company, the global vehicle financing subsidiary of Ford Motor Company, has hired seven UAB School of Business graduates for the Ford Credit Leadership Development Program (FCLDP). The multiyear program, which provides experience in six finance roles, is designed to cultivate skills in team management, business development and financial analysis.

DeCarloClass 200

UAB’s Industrial Distribution program is showcased in The Electrical Distributor (tED) magazine as a leader in preparing Millennials (born 1977-1998) to be the future workforce. Craving real-world knowledge, interested in distribution, and having the skills and understanding to hit the ground running are traits listed to describe our students.