The Business Edge

Feliciano School of Business

The Business Edge is a podcast brought to you by the Feliciano School of Business at Montclair State University. In each episode we will explore an emerging business trend featuring discussion by a credible subject matter expert. Experts include our world class faculty, successful alumni and business leaders. Each discussion is open and honest to ensure our listeners gain a business edge.Be sure to subscribe for new episodes.

U.S. Inflation Crisis - Why It Happened and How Can We Fix It?Is the Build Back Better Plan Better?
Feliciano School of Business faculty members in the department of Economics, Todd Federman and David Axelrod, discuss the Built Back Better Plan. They provide details on the individual items in the plan and provide their perspectives on the impact it will have on the U.S. economy, inflation, climate change, health care, families, and the labor market.   Speaker BiosDr. Axelrod received his Ph.D. in Economics from Rutgers University in 1990, with the dissertation Three Essays on Latency in Economics and Decision Making. He has taught at Montclair State University as an adjunct professor since 2013. Previously, he worked in finance for twenty years as an economist, consultant and actuarial analyst, including positions with Falcon Management, Volvo Finance, and Crum & Forster. He has also produced research in health economics, and the nature of choice and well-being. Dr. Axelrod provides holonomic consultation and workshops. He plays electric bass, and has released over a dozen albums of original music.After getting an MBA from Harvard, Todd Federman started his twenty-five year Wall Street career at Goldman Sachs as a bond trader. He then joined Drexel Burnham as both a bond and equity trader. After Drexel, Todd spent fifteen years at hedge fund Paloma Partners, managing a regional office and trading equities based on a proprietary technical trading model. After leaving Wall Street, he started a second career in education. Todd was an adjunct in the Mathematics department at MSU from 2009-2014 before joining the Economics department full time in the fall of 2014. Todd was also an independent Education Consultant. He ran professional development workshops, focused on showing teachers how to use Smart Boards effectively.
Dec 8 2021
38 mins
Did the Covid-19 pandemic or recent U.S. stimulus plans cause U.S. inflation?President Biden's Infrastructure PlanThe Impact of Covid on the Sports IndustryGameStop, Short Selling, and the Madness of CrowdsThe impact of Covid-19 on the retail industryPresident-elect Joe Biden's Economic Plan2020 Presidential DebateWhat impact will COVID have on the holiday travel season?Did the Goya boycott work?
Elisa Charters, President of Latina Surge National, discusses the recent Goya boycott and provides a recommendation on how consumers can make educated decisions on the products they purchase based on the company’s diversity, equity, and inclusion practices.  Elisa Charters is a passionate advocate for Diversity and Inclusion (D&I), community and small business development.  In 2014, Elisa co-founded Latina Surge National, a 501c3 start-up with a mission to educate and advocate for D&I and gender parity on executive boards in government, corporate America, and higher education.  In 2017 and 2018, Latina Surge National was one of seventy-five leading networks from a pool of 44,000 globally, that was recognized by Sheryl Sandberg, COO of Facebook and Founder of the Lean In organization.In 2012, Gov. Christie appointed Elisa to the New Jersey Health Care Facilities Financing Authority (NJHCFFA), where she served as Vice Chair for four years.  During her tenure, NJHCFFA approved over $2.6 billion in financing for hospital expansions and health care entities, and achieved 21% MWBE participation among co-leads in the State.  Prior to this appointment, she was commissioned by Rutgers students and the statewide Latino community to lead a Coalition supporting inclusion.  It succeeded with Gov. Christie’s appointment and confirmation of Martin Perez, Esq., a civil rights activist, who is the second Latino ever confirmed to serve the university’s board in its 240+ year history.In 2008, Gov. Corzine appointed Elisa to the State of Jersey’s Minority and Women Business Development Advisory Council where she served for four years to address disparities in the State’s procurement pipeline. In 2000, as President of the Port Authority Hispanic Society (PAHS) she represented Latino/a/x employees from a total base of 8,000 employees.  Her achievements include being the GM/Assistant Comptroller of the Port Commerce business at PANYNJ, an agency she served for 14 years.  As a survivor of 9/11, she served as Lead Negotiator of Acquisitions and Operations for the WTC Redevelopment effort post 9/11, developing key strategies for the Master Lease Agreement and relevant sub-agreements on behalf of PANYNJ ($11.6 billion project cost). Prior to 9/11, she served as a Senior Financial Analyst in the Real Estate Department, where she conducted lease analysis of 23 million square feet and assisted the Agency in achieving maximum valuation at 98% tenant occupancy of the original WTC, pre-9/11, in preparation for the RFP to net lease WTC (Silverstein Properties won bid for $3.2 billion).  She continues to serve in higher education as an Advisory Board Member of New Jersey Institute of Technology’s Martin Tuchman School of Management focusing on the inclusion of women in business and in STEM fields; as President of the Latino Alumni Association of Columbia University (LAACU), and most recently, as an Advisory Member of Montclair State University’s Feliciano School of Business.  She feels rooted in Essex County, having served as an Essex County Planning Board Member for the last 12 years; as a Junior League of Montclair-Newark Sustainer; and as a CASA Essex County advocate.Elisa is a certified Cornell University/ILR D&I Management professional.  She is a graduate of New Jersey Institute of Technology, New York University and Columbia University with advanced degrees in Environmental Science, Real Estate Finance and International Finance and Business, respectively. Elisa resides with her husband, Brian and two children, Remy and Lucian, and elder cousin, Manuela, in Short Hills, New Jersey.  As a family, they are committed to WE.org helping to bring clean water and education to children of the Masai Mara of Kenya, Africa.
Aug 26 2020
1 hr 13 mins
Do we need a phase 4 stimulus plan?Is the U.S. Economic Recession Over?Using Data To Solve Real World Issues  - Feliciano School of Business MS in Business AnalyticsMental Health Policy: An Economics of Psychological EnergyUS Stock Market - Is It a Good Time to Invest?The Impact of the Coronavirus on the U.S. Job MarketAdapting to the New Economy with the Bachelors/MBA 4+1 Program
In this episode, Feliciano School of Business MBA Advisor April Sime discusses the new Bachelors/MBA 4+1 program for students.  She describes the benefits of the program, program requirements, course offerings, and pathway for students to be successful in the new post-covid economy by attaining this new degree. The 4 + 1 Bachelors/MBA is a five year program, during which students will spend three years taking courses required for their chosen bachelor’s degree program and in their fourth year, they will complete (along with required undergraduate program courses) 6 credits worth of graduate business (MBA) coursework. This will satisfy both undergraduate degree requirements and count toward achievement of the MBA degree.In the fifth year, students will take their courses required for a General MBA, in a full-time format with graduate coursework. Students must apply for acceptance into the program in their junior year and will be admitted into the MBA program in their senior year if they meet the GPA requirement. Students who do not meet 4 + 1 program requirements or who choose not to pursue the MBA by completing the remaining courses in year five will graduate with a Bachelor’s degree. Students who complete the 5-year program will possess both a Bachelor’s degree in their undergraduate discipline and an MBA degree.Program BenefitsHigh-achieving Montclair State undergraduates are able to complete a Bachelors and MBA degree in five yearsStudents from a variety of undergraduate disciplines gain valuable business and professional knowledge, skills and experiences that enhance their employability and career options post graduation.Students can take advantage of a more cost-effective option for getting an MBA degree by taking some “swing” graduate courses that satisfy both their undergraduate and graduate degrees at the undergraduate tuition rateThe following undergraduate programs are approved for participation in the 4 +1 program:BA ReligionBA PhilosophyBA HumanitiesBA HistoryBA PsychologyBA ClassicsBA Gender, Sexuality, and Women's StudiesBS MathematicsBS PhysicsBS Env ScienceBS SustainabilityBS BiologyBA EconomicsBS Business Administration  Business AnalyticsEntrepreneurshipFinanceHospitality ManagementInternational BusinessManagementManagement of Information & TechnologyMarketingRetail Merchandising & Management Real EstateSports, Events, & Tourism Marketing As enrollees in a 5 year Bachelors/MBA program, students will complete 120 credits of undergraduate courses including 6 credits of MBA core courses (“swing” courses), 24 credits of remaining MBA core coursework and 6 credits of MBA elective courses, for a total of 150 credits.
May 12 2020
27 mins
What if Colleges Do Not Reopen Until 2021Auditing and Accounting In the Age of the COVID-19 Pandemic and Its Aftermath
In this episode Dr. Deniz Appelbaum, Assistant Professor in the Department of Accounting & Finance discusses auditing and accounting in the age of the COVID-19 pandemic and its aftermath.  Dr. Appelbaum discusses a recent paper she co-authored which provided recommendations on how to continue the auditing process during this pandemic.   This interview was recorded on May 1, 2020.Dr. Appelbaum discusses several questions related to how to conduct auditing during the current coronavirus pandemic including the following:Prior to the coronavirus what were some of the typical audit collection procedures?How have auditing collection procedures changed since the start of the coronavirus pandemic?How can an auditor satisfy the physical requirements of inventory observation while practicing social distance?How can real time video and streaming services be utilized during the auditing process? Dr. Appelbaum received her PhD from the Department of Accounting and Information Systems at Rutgers Business School, Newark in May 2017. She enriches her academic pursuits with a practical view, after twenty years of experience in operations, credit, and business development in the corporate world.Dr. Appelbaum has published manuscripts in Accounting Horizons, Journal of Emerging Technologies in Accounting, and in other academic and practitioner journals, based on her research regarding analytics, big data, and automation in financial auditing and accounting. Prior to teaching at Montclair State, her graduate research at Rutgers focused on financial fraud detection and prevention with automated analytics, data transparency of governmental financial reporting, analytical procedures in the external audit process, drones and robotics in auditing and accounting, and blockchain and big data as audit evidence. Dr. Appelbaum continues to emphasize these streams of research with numerous projects and forthcoming publications, and with presentations at accounting organizations and at national and international conferences. Dr. Appelbaum emphasizes the use of data analytics and appropriate software tools in the classroom, to prepare accounting and auditing students for the technically advanced modern business environment. The accounting and auditing professions are currently undergoing huge disruptions due to technical innovations, and Dr. Appelbaum is devoted to assisting her students to prepare for these changes.
May 4 2020
31 mins