financialissues29

(April 15, 2010) Hey Big Spender! Examining the CoB Departure of Daniel Monchuk As the CoB’s economists depart the Joseph Greene Hall stage at the end of the 2009-10 academic year, USMNEWS.net will be examining the research credentials that will be leaving the CoB, if not the institution as a whole. This installment focuses on assistant professor Daniel Monchuk, who was one of the four mostly junior economists who were saved by the forced retirements of five mostly senior CoB economists. Monchuk is scheduled, as of fall 2009, to move from the CoB to USM’s College of Arts & Letters after 2009-10.

(May 19, 2010) Accounting Up Two Another Pillar in the USM Faculty Senate’s Case Against the CoB Various news reports and editorials here at USMNEWS.net have pointed out that various corners of the USM campus are becoming more and more concerned about what they view as CoB largesse, particulary in the School of Accountancy. Reading in the news that new directors and professors are being hired in the SoA – at well over $100,000 per year and at a time when the institution is looking to trim $15 million, if not $20 million, from its budget – provides justification for the growing sentiment around campus. Case in point – the distaste for the b-school was almost palpable at the May-2010 faculty senate meeting, where USM provost Robert Lyman was grilled about the CoB’s high profile hiring.

(May 19, 2010) Notes from the Mississippi IHL – May 2010 With the approval of the April-2010 IHL Meeting Minutes, the enrollment has been suspended in the CoB’s degree programs in economics and management information systems, and the IHL notes that these programs are expected to be deleted after current enrollees have graduated.

(May 31, 2010) The Parker-Hughes Audit More on ‘the Bottom Line’ in the CoB’s School of Accountancy The recent USMNEWS.net report, “How is Hiring Michael Dugan a Good Deal?” sparked a great deal of interest among readers. That report explained how incoming CoB accounting professor Michael Dugan (from the University of Alabama) will actually generate a net Fall 2010 loss to the CoB of anywhere from $45,000 to $57,000, given what is expected to be Dugan’s fall 2010 salary + fringes (about $94,000) and the tuition revenues generated by Dugan’s fall 2010 teaching assignment (about $36,000 to about $48,000). This report provides similar analyses of “the bottom lines” pertaining to relatively new SoA faculty Paula Parker and Skip Hughes.

(June 2, 2010) GH Chatter Some say that the CoB’s “west coast hallway” construction project and other summer 2010 JAG interior ventures are coming out of current operating funds. Word also is that the fee could easily hit five figures, causing USMers and others to question the stewardship of taxpayer monies in a time of economic/budgetary crisis.

(June 2, 2010) The Rat Pack More on ‘the Bottom Line’ in the CoB’s School of Accountancy The recent USMNEWS.net report, “How is Hiring Michael Dugan a Good Deal?” sparked a great deal of interest among readers. That report explained how incoming CoB accounting professor Michael Dugan (from the University of Alabama) will actually generate a net Fall 2010 loss to the CoB of anywhere from $45,000 to $57,000, given what is expected to be Dugan’s fall 2010 salary + fringes (about $94,000) and the tuition revenues generated by Dugan’s fall 2010 teaching assignment (about $36,000 to about $48,000). This report provides similar analyses of “the bottom lines” pertaining to accounting professors Stanley Clark, Charles Jordan, and Roderick Posey.assigning Dugan’s teaching load.