Join us to learn about BS in Supply Chain, Logistics, and Maritime Port Management at NJCU

Drs. EunSu Lee and Amit Mokashi will share the benefits of obtaining the degree in this field.

Demand in the supply chain, logistics, and maritime port management fields has increased dramatically due to the fact that it is a $6 billion dollar industry in New Jersey alone.

“BS in Supply Chain, Logistics, and Maritime Port Management Virtual Information Session”

Tue, Nov 20, 2018 12:30 PM – 1:00 PM EST

How To Join The Webinar: Click the following link: https://attendee.gotowebinar.com/register/3141299617788595713

Please send your questions, comments and feedback to: stsumura@njcu.edu or elee3@ncju.edu

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독과점 시장으로 향하는 무인자동차 시장 (번역본)

규모의 경제는 오늘날 치열한 경쟁이 아마도 오래 가지 않을 것임을 의미한다.

무인 자동차를 시장에 내놓기 위한 경쟁이 치열하고 요란하다. 모든 선두차량제조사들이 무인 자동차 시장에 투입되었다. 5월 31일, 소프트뱅크 비전펀드는 제너럴 모터스의 자율형 자동차(AV) arm에 2조 2천5백억달러를 투자할 것이라고 발표했습니다. 우버에서 테슬라, 웨이모, Alphabet의 자율주행 사업부까지 기술 신흥 선도주자들 (tech upstarts)은 최근 6만2000대의 소형자동차를 자동주행 택시교통부문에 투입할 계획이라고 발표했다. 치열한 경쟁은 이점과 비용 모두를 가지고 있지만, 아마 경쟁은 오래 가지 않을 것이다. 강력한 규모의 경제 덕분에, 도로들은 머지 않아서 소수의 회사들에 의해 통제될 것이다.

규모의 이점은 데이터로 시작됩니다. 인간처럼, 무인 자동차를 움직이는 컴퓨터는 경험을 축적하며 발전한다. 무인자동차에 앉아있는 컴퓨터들은 본질적으로 Ajay Agrawal, Joshua Gans, Avi Goldfarb가 저술한 새 책인 “예측 기계들”에서 언급하듯이 훌륭한 인간 운전자가 무엇을 할 것인가에 대해 배우고 개선하려는 사업에 몰두하고 있다. 컴퓨터들이 더 많은 데이터를 가질수록, 차량 진로방향 앞에 놓인 흐릿한 것이 길에서 반사되는 햇빛인지 보행자인지를 예측해서 적절한 반응을 할 수 있도록 어 잘 예측할 수 있게 된다. 무인자동차 프로젝트 벨트 아래 더 많이 주행할 수록, 그 무인자동차 시스템은 더 특이한 상황들을 접하게 된다.

다행히도, 일단 컴퓨터에 의해 배운 그러한 교훈은 잊혀지지 않고, 같은 소프트웨어를 사용하는 모든 차량에 의해 사용 될 수 있다. 이러한 이유와 무인자동차는 운전대에서 잠들지 않고, 전화를 확인하기 위해 도로에서 한 눈을 팔지도 않는다는 사실은 궁극적으로 인간이 운전하는 자동차보다 훨씬 더 안전해야 한다는 것을 의미한다. 인간이 운전하는 찰량으로 인해, 전 세계적으로 약 1.25 백만이 도로사고로 사망에 기여하고 있습니다. 하지만 일부 무인자동차 시스템은 다른 시스템보다 안전할 것이다. 안전성과 일반적인 신뢰성으로 경쟁사들을 앞지르는 업체들은 더 많은 운전자와 기업 파트너를 유치하여, 여전히 더 많은 데이터를 수집할 수 있게 됩니다.

규제 당국은 안전 기록이 낮은 기업들에게 시험을 축소하도록 강요하거나 최고 경재업체만이 충족할 수 있는 표준을 설정함으로써 그 경쟁시장을 더욱 약화 (얇게) 시킬 수 있다. 실제로 성능 격차는 정부를 윤리적 곤경에 처하게 할 수 있다. 가장 안전한 기업들이 그들의 기술을 공유하도록 해야 하는가? 가장 안전한 기업들에게 도로 독점권이 주어져야 하는가? 정책 입안자들이 열등한 소프트웨어를 사용하는 자동차에게 예방 가능한 죽음을 초래하도록 관과해야 하는가? 그러한 질문들은 오랫동안 학문적 질문으로 만 남아있지 않을 수도 있다. 2016년 12월과 2017년 11월 사이에, 웨이모는 캘리포니아에서 350,000마일(560,000km) 주행 중 세 번의 충돌이 발생했다고 보고했으며, 가장 유사한 미국의 경쟁사인 GM은 132,000마일에서 22번의 충돌이 있었다. 이 두 회사는 테슬라와 우버가 경험했던 것처럼, 치명적인 사고에 연루되지 않았다.

업계규모는 여전히 다른 이점들을 제공합니다. 일부 사람들은 그들 자신의 무인 자동차를 원하겠지만, 무인자동차 시장은 무인자동차 기반의 차량 공유/운행 서비스를 선호하는 듯하다. 무인자동차 싸게 나오지 않는다. 그러나 자동차 공유 서비스에 사용되는 자동차는 대부분 주차되어 운행되지 않고 개인 차량보다 마일당 비용이 적게 들 것이다. 중앙집중화된 시설들이 분산형 기계작업장보다 생산성의 이점을 누려야 하고, 개인 소유자들이 그들의 기계에 대한 정보측면에서 불리하여 과다 비용을 지출할 기회를 만들기 때문에, 무인자동차의 유지 보수와 다른 비용은 더 낮아야 한다.

그럼에도 불구하고, 개인 차량 소유자들은 명령만 하면 달려가는차량의 편리함때문에 전력을 다할지도 모른다. 그러나 자전거 공유사업같은 자동차 공유 운행 서비스는 그들의 사용자기반이 성장함에 따라 더욱 유용하게 되었다. 그 지역에 탑승자가 많아 질수록, 더 많은 차량 운행을 위해 돈을 지불하게 되며, 이용자 (또는 탑승자)는 근처에 있는 탑승 대기차를 찾을 가능성이 더 높아진다. 만약 대기 시간이 거의 영 (0)으로 떨어진다면, 영리한 무인 자동차는 여러분이 일반적으로 보통 집이나 직장에서에서 출발하는 시간에 도착하는 법을 배우기 때문에, 여러분 자신의 차를 갖는 추가 가치는 사라질 것입니다.

운전자를 배려하지 않고 낮잠을 잘 수 있는 편리하고 안전한 무인자동차는 자동차로 여행하는 번거로움을 줄여줄 것이다. 그것은 잠재적인 장애를 만들어낸다: 사람들은 더 많이 여행하고, 교통 체증을 더 악화시킨다. 아이러니하게도, 규모도 이 문제를 해결할 수 있습니다. 개인 운전자들은 그들이 다른 사람들에게 야기하는 불편함을 고려하지 않기 때문에 혼동이 발생한다. 이것을 해결하기 위한 한 가지 방법은 운전자들이 요금을 부과함으로써 그러한 비용을 부담하도록 하는 것이다. 그러나 혼잡통행제를 도입하려는 정부의 계획은 인기가 없으며, 결과적으로 충전은 만성적으로 정체된 고속도로보다 더 드물다.

그러나 교통량의 상당 부분을 차지하게 된 화물열차 서비스는 다른 일련의 인센티브에 직면할 것이다. 자동차 한 대가 다른 회사에 부과하는 혼잡 비용은 그 회사 내부가 될 것이며, 수요, 아마도 기꺼이 분담하고자 하는 고객에게 다양한 가격 또는 할인율을 제공함으로써 그것에 대해 무언가를 할 이유와 능력이 있을 것이다.

다른 자동차나 서비스들은 시장을 선점한 회사들에 의해 만들어진 자유로운 교통흐름 위에 공짜로 올라타려고 시도할 수 있다. 그러나 도로를 집중적으로 통제하면 도로 운임 정책을 보다 추적하기 쉬워질 수 있다: 시장경쟁에서 이기는 기업들의 협상력이 높아지면서, 중산층 가정들이 소유한 자가용은 줄어들게 되고, 특히 그렇게 된다면, 예일대학교의 Daniel Rauch and David Schleicher가 제안하듯이, 자동주행 차량 기업들은 정부와 함께 대중교통과 이동서비스를 제공에 참여하게 될 것이다.

다른 자동차나 서비스들은 시장을 선점한 회사들에 의해 만들어진 자유로운 교통흐름 위에 공짜로 올라타려고 시도할 수 있다. 그러나 도로를 집중적으로 통제하면 도로 운임 정책을 보다 추적하기 쉬워질 수 있다: 시장경쟁에서 이기는 기업들의 협상력이 높아지면서, 중산층 가정들이 소유한 자가용은 줄어들게 되고, 특히 그렇게 된다면, 예일대학교의 Daniel Rauch and David Schleicher가 제안하듯이, 자동주행 차량 기업들은 정부와 함께 대중교통과 이동서비스를 제공에 참여하게 될 것이다.

즉, 시장에서 정부가 훨씬 더 큰 역할을 하지 않는다고 가정하는 것이다. 역사적으로, 철도에서 대중 교통에 이르기까지, 교통의 규모의 경제는 교통체계를 독점으로 치 닫게 하였으며, 궁극적으로 정부가 간섭하게 되었다. 규모의 경제는 마찬가지로 무인자동차 업체들의 순위를 줄이고 정부의 개입이 있도록 압박하게 될 것이다. 무인 자동차는 인간이 조종하는 차보다 훨씬 더 빠르지 않을 수도 있다. 그렇지만, 시장은 치열한 경쟁에서 과점으로 이르러, 결국 국가가  통제하기 까지는 엄청난 속도로 갈 수 있다.

This article appeared in the Finance and economics section of the print edition under the headline “Road hogs” (원본을 읽으시려면 다음의 링크를 클릭하세요: https://www.economist.com/finance-and-economics/2018/06/07/the-market-for-driverless-cars-will-head-towards-monopoly )

NJCU COMMENCEMENT 2018

New Jersey City University (NJCU) will award graduate and undergraduate degrees at its commencement ceremony on Tuesday, May 22, 2018. Degrees will be conferred at one ceremony, which will begin at 9:00 a.m. at the Prudential Center in Newark.

Attendees should plan on arriving no later than 8:00 am on the day of commencement.

Details are included in this link.

2018년 뉴저지시티대학교 졸업식

2018년 뉴저지시티대학교 학부 및 대학원 졸업식이 5월 22일 목요일에 진행될 예정입니다. 식은 뉴왁시 펜스테이션 기차 및 버스정거장 근처에 위치한 푸르덴셜센터에서 9시에 시작합니다.

주차장이나 호텔정보가 필요하신 분은 이 링크를 클릭하십시오.

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class of 2018; njcu commencement; graduation

NJCU 2018 POSTER and ORAL Presentation Business Student Research Showcase Competition

http://www.njcu.edu/upcoming-events/business-research-showcase-competition

Call for Posters and Oral Presentations

The third Business Student Research Showcase is scheduled for Friday, April 27, 2018 in the Harborside 2 Skyline Room. Students are requested to submit research projects, presentations from a class project and/or individual capstone projects. Members of the NJCU community, alumni, friends, and the public are invited to attend.  Invitations have gone out to President Sue Henderson and the Provost of the University.

The showcase will celebrate the achievements of business students by highlighting the creativity of students engaged in research in their business courses, independent studies, and extra-curricular activities.

Best Presentation Award for Both Undergraduate Students and Graduate Students

The competition will consist of two separate categories: a poster presentation category and an oral presentation category (15 minute oral presentation, and 5 minutes question and answer period), and will include separate competitions for undergraduate students and graduate students. There will be a grand prize winner in both the poster presentation and oral presentation, with 2 runners-up in each category. Winners of the poster and oral presentation competition will be announced during the showcase. The presentations could be either a co-authored group presentation or a sole-authored (individual) presentation. Participants are permitted to compete in both categories, by submitting both 1 poster entry and making 1 oral presentation, if desired.

 Important Note for Poster Competition Participants:

For students participating in the Poster Competition, please review the section titled: Poster Requirements, which is located under the Business Research Showcase Poster Session Guidelines (attached along with this distribution).

Awards for best presentation:

  • Best Oral Presentation: Grand Prize Winner (best presentation), and 2nd, and 3rd place runners-up
  • Poster Presentation: Grand Prize Winner (best presentation), and 2nd, and 3rd place runners-up.

 Special Award for Best Faculty Advisor:

When students submit their abstracts (either poster or oral completion), they will be asked the name of their faculty advisor. The faculty member most involved in advising students who are participating in the competition will officially be recognized at the awards ceremony, and will receive a plaque from the School of Business. 

Benefits to Students Who Participate

Students will benefit from this showcase by gaining experience in public communication and interacting with the invited guests, judges, and many members and friends of the NJCU community.  This will be a great networking opportunity! Additionally, participants will receive public recognition of their efforts, with the possibility that some students may wish to include successful entries as an item on their employment resume.

Instructions for Submission – Abstracts and Final Posters

Abstracts submission dateAll abstracts (summarizing your oral presentation, poster presentation or both), should be submitted no later than Friday, April 9, 2018, and should be submitted electronically at https://goo.gl/forms/bj4I61bB6RU6qTgu1]. Click the link and follow the instructions for submitting an abstract.  The author (or authors, if a co-authored work) should submit the abstract. All abstracts should be less than 500 words. All presenters should be identified through the submission. The title of the presentation should be included in the abstract. The Business Student Research committee will send you a receipt for your submission; if you don’t receive the receipt, please contact the committee at mbell@njcu.edu

Final posters submission date: Final posters should be submitted no later than Friday, April 20, 2018.

Summary:

  • Abstract Submission Deadline (Posters and oral presentations): April 6, 2018
  • Completed Poster Submission: April 20, 2018.

Acceptance Notification

Accepted presentations will be notified no later than April 13, 2018 at 11:59 p.m. (EST).

Other important Dates

For Poster Presentation

  • Poster Presentation Competition: Thursday, April 26, 3:00-4:00 p.m.
  • Awards Ceremony: Thursday, April 26, 5:30-6:30 p.m.

For Oral Presentation

  • Presentation file submission: Friday, April 20, by 11:59 p.m.
  • Oral Presentation Competition: Thursday, April 26, 12:30-2:50 p.m.
  • Awards Ceremony: Thursday, April 26, 5:30-6:30 p.m.

Contact Information

You can contact the Business Student Research Showcase Committee if you have any questions.

Further Information

Poster Session will be displayed at the Skyline conference room from 1:00 to 6:30 p.m. The competition participants should be present for the show at 2:50 p.m.; the jurors will visit each poster and ask questions. The posters will be taken down at 6:30 p.m. after the award ceremony.

 

NJCU Gothic Research Forum

MACHINE LEARNING: WHAT IT IS AND WHAT IT DOES.

LOCATION: School of Business, 200 Hudson Street, Room 232
TIME: 1:00 PM – 2:00 PM
J.D. Jayaraman will provide an overview of the different techniques in machine learning and will highlight applications in different areas. The audience with leave with a broad understanding of various machine learning techniques and example applications that can be applied to their own fields of interest.

 

J.D. JAYARAMAN, associate professor of finance at NJCU School of Business has worked as Global Business Manager of e-trading, models and analytics at Bloomberg, L.P. and Senior Vice President, Risk Management at Citigroup.

jayaraman pic

NJCU Research Symposium

April 10th 2018

 9:00 am-12:00 pm, GSUB-A

 9:00-9:30 am

  • Opening: Natalia Coleman, Ph.D., SURI Founder & Director
  • Welcome: Dr. Daniel Julius, NJCU Provost
  • Scott Mittman, Ph.D., Interim Associate Dean of STEM of College                                     of Arts and Sciences
  • Nadia Makar, Coordinator of New Jersey Young Women in Biology

9:30-10:30 am   Keynote Speaker: Nicholas Smith-Sebasto, Ph.D. ; Moderator: Scott Mittman, Ph.D.

10:30-11:30 am Student Podium Presentations: Ramzi Saber, Pablo Garcia, Emily Urbina, Sergio Crespo, Monique Davis, Sneha Patel, Michael Malkowski, Irene Umana, Mohammad Fauzan, Fadoua Chigr; Moderator: Kathy Rennie, Ph.D

11:30-12:00 pm Faculty Podium Presentation: Nan Wang, Ph.D., Youfeng Wei, Ph.D., Fred Mynard, Ph.D. ; Moderator: EunSu Lee, Ph.D.

12:00 pm – 2:00 pm, GSUB-C, Student Clubs activity; Moderator: Reed Carroll, Ph.D.

1:00 pm – 2:00 pm, GSUB-A, “The Young Women in Biology”; Moderator: Natalia Coleman, Ph.D.
2:00 pm – 3:00pm, GSUB-B, Students present their posters; Judges in action; Moderator: Ethan Prosen, Ph.D.
4:00 pm, GSUB-A, Dr. Daniel Julius, NJCU Provost; Poster Awards Announcement

NJCU School of Business Launches Stock Index for Top 50 NJ Companies

Jersey City, N.J., December 15, 2017 – New Jersey City University’s School of Business has launched the NJCU New Jersey 50 Index an index of publicly traded equity securities designed to be a barometer of the New Jersey economy. Developed by the NJCU School of Business and calculated by S&P Dow Jones Indices, the NJCU New Jersey 50 Index is a first for New Jersey and the larger tri-state area that is the country’s financial hub, and puts the New Jersey City University School of Business at the forefront of the exchange trade product industry.

While the S&P 500 reflects the broader domestic stock market, the NJCU New Jersey 50 Index will offer a focused perspective on the Garden State’s wide array of industries ranging from pharmaceuticals and healthcare to manufacturing, technology and transportation logistics as well as the companies behind them. Reflecting the health of the eighth largest GDP (gross domestic product) contributor in the U.S, the NJCU New Jersey 50 Index will serve as a report card for economic growth and job creation thereby making its movements of interest to investors, business leaders, economists, politicians and the general citizenry of New Jersey.

Much like the New Jersey economy, the index is a living reflection of the New Jersey economy and the companies that are powering it. From a list of more than 226 companies, the 50 companies comprising the index were selected based on the industry rank, average trading volume, revenue and profit prospects and employment in the state. The NJCU New Jersey 50 Index will be rebalanced on a quarterly basis, and the University will note any additions or deletions from organizations comprising the Index.

Link to the NJCU New Jersey 50 Index at S&P.

Link to the NJCU New Jersey 50 Index Page.

The NJCU New Jersey 50 Index may be used as a yard stick for the State’s overall health and speed of its economic growth as well as those of the businesses that populate it, according to Dr. Bernard McSherry, founding dean of the NJCU School of Business.

“This index is an invaluable resource that has the potential to inform investors of the tone of the State’s economy and give a clear indication of what’s happening in the areas of business growth and employment,“ Dean McSherry said.

He added, “Dissecting the index into its company holdings will reveal which industries are growing and thriving as well as those that are lagging. This information should be useful to businesses, news organizations and politicians among others inside the State.”

Dean McSherry announced that NJCU Adjunct Professor Christopher Versace, a chief investment officer of Tematica Research and journalist, will oversee the NJCU New Jersey 50 Index.

Students from the NJCU School of Business’ Student Investment Management (SIM) Group were given the unique opportunity to work on the creation of the index. Members of the SIM Group will continue to participate in the ongoing NJCU New Jersey 50 Index, working with Mr. Versace, the SIM advisor.

The NJCU New Jersey 50 Index will list companies, including:

COMPANY TICKER
Aerie Pharmaceuticals, Inc. AERI
American Water Works Co Inc AWK
Ascena Retail Group Inc. ASNA
Automatic Data Processing ADP
Avis Budget Group Inc CAR
B&G Foods Inc BGS
Bard C.R. Inc BCR
Becton Dickinson & Co BDX
Bed Bath & Beyond Inc BBBY
Bel Fuse Inc Cl A BELFA
Burlington Stores Inc BURL
Cambrex Corp CBM
Campbell Soup Co CPB
Cantel Medical Corp CMD
Catalent Inc CTLT
Celgene Corp CELG
Children’s Place, Inc PLCE
Church & Dwight Co CHD
Cognizant Tech Solutions Corp CTSH
Dun & Bradstreet Corp DNB
Honeywell Intl Inc HON
Integra Lifesciences Hldg IART
Investors Bancorp ISBC
J&J Snack Foods JJSF
John Wiley & Sons Inc. A JW.A
Johnson & Johnson JNJ
Lakeland Bancorp Inc LBAI
Mack-Cali Realty Corp CLI
Movado Group Inc MOV
NRG Energy NRG
New Jersey Resources Corp NJR
PBF Energy Inc A PBF
Pacira Pharmaceuticals Inc PCRX
Phibro Animal Health Corporation A PAHC
Pinnacle Foods Inc PF
Provident Financial Services PFS
Prudential Financial Inc PRU
Public Service Enterprise Grp PEG
Quest Diagnostics DGX
Realogy Holdings Corp. RLGY
Selective Insurance Group Inc SIGI
Suburban Propane Partners LP SPH
Synchronoss Technologies SNCR
Universal Display Corp OLED
Valley National Bancorp (NJ) VLY
Verisk Analytics Inc VRSK
Village Super Market Inc A VLGEA
Vonage Holdings VG
Wyndham Worldwide Corp WYN
Zoetis Inc ZTS

Receives 2017 ACBSP Teaching Excellence Award

OVERLAND PARK, KS, USA (April 20, 2017) EunSu Lee, Ph.D., Assistant Professor at New Jersey City University, Jersey City, New Jersey, has been named a regional recipient of the 2017 ACBSP Teaching Excellence Award. The Accreditation Council for Business Schools and Programs recognizes individuals each year who exemplify teaching excellence in the classroom.

Dr. Lee will be honored, along with other regional recipients, at ACBSP Conference 2017, June 24-27 in Anaheim, Ca. He will receive a medallion and a $250 check. Two International Teaching Excellence Award recipients will be announced at a special Salute to Regions luncheon, one from a baccalaureate/graduate degree-granting institution and one from an associate degree-granting institution. As a regional recipient, Dr. Lee is now a candidate for the international award.

“Dr. Lee is a gifted instructor who consistently receives exceptionally positive feedback from our students,” said Dr. Wanda Rutledge, Chairperson, Management Department, Jersey City University. “His syllabi and lessons are uniformly excellent, and his class presentations regularly connect theoretical concepts to real world examples. He is extremely attentive to his students needs; I have personally witnessed the many long hours that Dr. Lee has dedicated to counseling and advising his students and looking for opportunities to introduce them to exciting research experiences. In short, he is an outstanding teacher and mentor,” she said.

The ACBSP Associate Degree Commission established the International Teaching Excellence Award in 1995 to recognize outstanding classroom teachers. In 2002, the Baccalaureate Degree Commission created a similar award to recognize excellence in teaching at the baccalaureate/graduate degree level. ACBSP is the only specialized body for business schools that presents an award recognizing excellence in teaching, open to application by the entire membership.

“It is more important than ever for business programs to produce graduates who are ready to enter the global marketplace,” said Jeffrey Alderman, ACBSP President and CEO. “ACBSP has a mission to develop, promote and recognize best practices that contribute to continuous improvement of business education. Recognition of teaching excellence is one way we achieve this goal,” he stated.

About ACBSP

ACBSP’s mission is to promote continuous improvement and recognize excellence in the accreditation of business education programs around the world. ACBSP, www.acbsp.org, is recognized by the Council for Higher Education Accreditation (CHEA) as a specialized accreditation agency for business education. ACBSP is the only global accrediting body to accredit business, accounting, and business-related programs at all degree levels. ACBSP currently has 1,200+ member campuses in 60 countries. Of those campuses, 956 have achieved accreditation and more than 157 are in candidacy for accreditation. Individual members on these campuses now exceed 13,000. FAQs / Accreditation FAQs

Contact: Melinda Dorning 913-339-9356 — mdorning@acbsp.org