Costello College of Business News / en Machine learning teaches asset traders not to sweat the small stuff /news/2026-06/machine-learning-teaches-asset-traders-not-sweat-small-stuff <span>Machine learning teaches asset traders not to sweat the small stuff</span> <span><span>Katelynn C Hipolito</span></span> <span><time datetime="2026-06-15T10:40:20-04:00" title="Monday, June 15, 2026 - 10:40">Mon, 06/15/2026 - 10:40</time> </span> <div class="layout layout--gmu layout--twocol-section layout--twocol-section--70-30"> <div class="layout__region region-first"> <div data-block-plugin-id="field_block:node:news_release:body" class="block block-layout-builder block-field-blocknodenews-releasebody"> <div class="field field--name-body field--type-text-with-summary field--label-visually_hidden"> <div class="field__label visually-hidden">Body</div> <div class="field__item"><p><span class="intro-text">Financial markets are governed by a combination of rational and irrational forces, statistical probabilities, and “animal spirits.” It takes fluency in both to understand the market, let alone to beat it. Yet market actors, including asset traders, now frequently use machine-learning techniques to help generate predictions of future asset prices.&nbsp;</span></p> <figure role="group" class="align-right"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/styles/small_content_image/public/2026-06/bo_hu_600x600.png?itok=0Ky0jYMp" width="350" height="350" loading="lazy"> </div> </div> <figcaption>Bo Hu, assistant professor of finance at the Costello College of Business at 911. Photo provided by Bo Hu.</figcaption> </figure> <p><span>Scholars such&nbsp;as&nbsp;</span><a href="https://business.gmu.edu/profiles/bhu5"><span lang="EN-US">Bo Hu</span></a><span>, assistant professor of finance at the Costello College of Business at 911, are researching how these machine-learning tools are changing the decision-making processes that move the market, for better or worse.</span></p> <p><span>The subject of Hu’s recent paper&nbsp;in&nbsp;</span><a href="https://pubsonline.informs.org/doi/10.1287/mnsc.2024.06127" target="_blank" title="Opens in a new tab"><em><span lang="EN-US">Management Science</span></em></a><span> is a well-known machine-learning technique called LASSO (least absolute shrinkage and selection operator), which has been widely adopted by financial practitioners since its introduction in 1996 by statistician Robert Tibshirani.&nbsp;</span></p> <p><span>“If you look at&nbsp;the&nbsp;</span><a href="https://academic.oup.com/jrsssb/article/58/1/267/7027929" target="_blank" title="Opens in a new tab"><span lang="EN-US">original paper</span></a><span>, it describes an approach created by adding a regularization penalty to the least-squares regression method,” Hu says. Translation: “The power of LASSO is that it can screen out (i.e.,&nbsp;penalize)&nbsp;weak signals while capturing stronger, potentially profitable ones. A LASSO-type trading strategy involves an ‘inactive zone’ for smaller-scale activity, in which the trading strategy is to do nothing.”&nbsp;</span></p> <p><span>The paper was co-authored by Wen Chen of Texas Tech University and Liyan Yang of the University of Toronto.</span></p> <p><span>Despite LASSO’s popularity and power, the soundness of its economic rationale remains unclear. Traders are presumably seeking any edge, however small, in the pursuit of outsized returns. How could it make sense for them to adopt a system designed to relegate signals of lesser magnitude to an ignored “inactive zone”?</span></p> <p><span>To resolve this question, the researchers developed a theoretical framework to model a financial market in which multiple agents (read: traders)&nbsp;use an asset’s price history to forecast its return and make trading decisions.</span></p> <p><span>In the benchmark case, when traders know the trading environment and do not face model uncertainty, they act according to an alternative to LASSO known as MSE (mean squared error). “MSE is essentially a Bayesian learning approach grounded in economic rationality,” Hu says. “It means that rational agents use Bayesian learning to update their beliefs and design their trading strategies. That stands in stark contrast to LASSO estimation, which filters out weak signals.”</span></p> <p><span>However, the researchers found that when traders faced substantial ambiguity about the distribution of asset values, the trading calculus shifted. Ambiguity-averse agents&nbsp;will&nbsp;adopt&nbsp;a robust, LASSO-like strategy, refraining from trading in response to weak or intermediate market signals. With linear constraints imposed on the allowable trading strategies, the equilibrium decisions exactly matched LASSO estimates.</span></p> <p><span>As an equilibrium trading strategy, LASSO can improve aggregate profits relative to the edge-seeking Bayesian alternative in the benchmark case, because the more conservative positions dictated by the “inactive zone” soften competition among traders. In a large market, aggressive competition drives the aggregate profits of traders using the conventional MSE strategy toward zero. By trading less aggressively, LASSO traders may preserve positive aggregate profits—a mechanism the researchers describe as “implicit collusion,” even though the traders do not communicate or explicitly coordinate.</span></p> <p><span>However, Hu underscores that LASSO’s usefulness as a hedge against ambiguity depends on how well traders’ beliefs match the market’s true distribution of risk. The profitability of a LASSO strategy therefore hangs in the balance between traders’ biases and their enhanced market power (due to LASSO’s conservatism).</span></p> <p><span>This balance is especially important when traders must distinguish between temporary fads and persistent trends. “Recently, the semiconductor index had a record-breaking run of consecutive gains. That’s very strong momentum, but if you are a contrarian, you might want to bet against that trend,” Hu says. “A trader must decide whether to follow the trend or take a contrarian position. LASSO’s inactive zone can help prevent overreaction to weak evidence, but it may also delay action when an emerging trend is genuine.”</span></p> <p><span>There is also the possibility that a LASSO strategy could increase market volatility when combined with the other objectives and constraints of market makers, including high-frequency traders. “These traders need to control their inventory,” Hu says. “If they follow a LASSO-type strategy with an inactive zone, they will accommodate the liquidity demands of the market until their inventory reaches a certain threshold. At that point, they may&nbsp;start trading like momentum traders and cause the liquidity dry-up in financial markets. This dynamic is part of what fuels incidents like the ‘flash crash’ in 2010.”</span></p> </div> </div> </div> </div> <div class="layout__region region-second"> <div data-block-plugin-id="field_block:node:news_release:field_associated_people" class="block block-layout-builder block-field-blocknodenews-releasefield-associated-people"> <h2>In This Story</h2> <div class="field field--name-field-associated-people field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">People Mentioned in This Story</div> <div class="field__items"> <div class="field__item"><a href="/profiles/bhu5" hreflang="en">Bo Hu</a></div> </div> </div> </div> <div data-block-plugin-id="field_block:node:news_release:field_content_topics" class="block block-layout-builder block-field-blocknodenews-releasefield-content-topics"> <h2>Topics</h2> <div class="field field--name-field-content-topics field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/12501" hreflang="en">Costello College of Business News</a></div> <div class="field__item"><a href="/taxonomy/term/13796" hreflang="en">Costello College of Business Faculty Research</a></div> <div class="field__item"><a href="/taxonomy/term/21316" hreflang="en">A.I. and Innovation - Costello</a></div> <div class="field__item"><a href="/taxonomy/term/21106" hreflang="en">Costello Research Machine Learning</a></div> <div class="field__item"><a href="/taxonomy/term/21081" hreflang="en">Costello Research Fintech</a></div> <div class="field__item"><a href="/taxonomy/term/21011" hreflang="en">Finance - Costello</a></div> <div class="field__item"><a href="/taxonomy/term/21041" hreflang="en">Costello Research Financial Crises</a></div> <div class="field__item"><a href="/taxonomy/term/20956" hreflang="en">Costello Research Risk Management</a></div> <div class="field__item"><a href="/taxonomy/term/271" hreflang="en">Research</a></div> <div class="field__item"><a href="/taxonomy/term/4656" hreflang="en">Artificial Intelligence</a></div> </div> </div> </div> </div> </div> Mon, 15 Jun 2026 14:40:20 +0000 Katelynn C Hipolito 345922 at Student research advances phishing detection and cybersecurity innovation /news/2026-06/student-research-advances-phishing-detection-and-cybersecurity-innovation <span>Student research advances phishing detection and cybersecurity innovation</span> <span><span>Katelynn C Hipolito</span></span> <span><time datetime="2026-06-15T09:52:13-04:00" title="Monday, June 15, 2026 - 09:52">Mon, 06/15/2026 - 09:52</time> </span> <div class="layout layout--gmu layout--twocol-section layout--twocol-section--70-30"> <div class="layout__region region-first"> <div data-block-plugin-id="field_block:node:news_release:body" class="block block-layout-builder block-field-blocknodenews-releasebody"> <div class="field field--name-body field--type-text-with-summary field--label-visually_hidden"> <div class="field__label visually-hidden">Body</div> <div class="field__item"><p class="Paragraph SCXW259066751 BCX0"><span class="TextRun SCXW259066751 BCX0 NormalTextRun intro-text" lang="EN-US">Taylor Le, BS Information Technology ‘26, was participating in the Professional Readiness Experiential Program (PREP) internship at Mobius when he was put in contact with </span><a href="https://business.gmu.edu/profiles/bngac"><span class="TextRun Underlined SCXW259066751 BCX0 NormalTextRun intro-text" lang="EN-US">Brian Ngac</span></a><span class="TextRun SCXW259066751 BCX0 NormalTextRun intro-text" lang="EN-US">, the assistant dean for centers and </span><span class="TextRun SCXW259066751 BCX0 NormalTextRun SpellingErrorV2Themed intro-text" lang="EN-US">FedWriters</span><span class="TextRun SCXW259066751 BCX0 NormalTextRun intro-text" lang="EN-US">, Inc., Corporate Partner Faculty Fellow at the </span><a class="Hyperlink SCXW259066751 BCX0" href="https://business.gmu.edu/"><span class="TextRun Underlined SCXW259066751 BCX0 NormalTextRun intro-text" lang="EN-US">Costello</span></a><a href="https://business.gmu.edu/"><span class="TextRun Underlined SCXW259066751 BCX0 NormalTextRun intro-text" lang="EN-US"> College of Business</span></a><span class="TextRun SCXW259066751 BCX0 NormalTextRun intro-text" lang="EN-US"> at 911, who was helping to fund the program.&nbsp;</span></p> <div class="align-center"> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/2026-06/prep_students.jpg" width="2000" height="1333" alt="(left to right) Tien Nguyen, Taylor Le, Richard Nguyen, and Brian Ngac at the 2026 Commonwealth Cyber Initiative Symposium. Photo provided by Brian Ngac." loading="lazy"> </div> </div> <p><em><span>(left to right) Tien Nguyen, Taylor Le, Richard Nguyen, and Brian Ngac at the 2026 Commonwealth Cyber Initiative Symposium. Photo provided by Brian Ngac.</span></em></p> <p class="Paragraph SCXW259066751 BCX0"><span class="TextRun SCXW259066751 BCX0 NormalTextRun" lang="EN-US">During weekly check-ins throughout the internship, Ngac provided Le with a more in-depth understanding of PREP, an experiential learning program he launched at Costello. Le expressed interest in conducting research on phishing detection to which Ngac encouraged him to develop a proposal so he could help secure funding. The PREP internship was sponsored by the Commonwealth Cyber Initiative, which also supported the research conducted by Le and his team.</span><span class="EOP SCXW259066751 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW259066751 BCX0"><span class="TextRun SCXW259066751 BCX0 NormalTextRun" lang="EN-US">To conduct formal research on a multi-signal phishing detection and continuous user training platform, Le recruited two Virginia Tech computer science students—Tien Nguyen and Richard Nguyen—whom he met through networking. The industry participant Ngac paired them with was Parsons Corporation, a digitally enabled solutions provider at which he also works. Nathan Dykas, senior computational intelligence officer, and Daniel Boyce, AI (artificial intelligence)/ML (machine learning) engineer, mentored the student team during weekly meetings, providing recommendations and guidance on the direction of their research.</span><span class="EOP SCXW259066751 BCX0">&nbsp;</span></p> <blockquote><p class="Paragraph SCXW259066751 BCX0"><span class="TextRun SCXW259066751 BCX0 NormalTextRun" lang="EN-US">“It was awesome to see all the different professors and other students who are going down the same path as us and to see what they were doing with their research, as well as to get additional feedback that we could use to improve our own research.”</span></p> <p class="Paragraph SCXW259066751 BCX0"><span class="TextRun SCXW259066751 BCX0 NormalTextRun" lang="EN-US"><strong>— Taylor Le, BS Information Technology ‘26</strong></span></p> </blockquote> <p class="Paragraph SCXW259066751 BCX0"><span class="TextRun SCXW259066751 BCX0 NormalTextRun" lang="EN-US">In collaboration with Parsons Corporation, the team developed Orion, a platform designed for phishing detection and user training. Orion was developed to address the issue of detecting modern phishing pages by combining machine learning with contextual guidance. It turns detection into an immediate teaching moment by mapping findings for the user, showing which parts of the page triggered concern.</span><span class="EOP SCXW259066751 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW259066751 BCX0"><span class="TextRun SCXW259066751 BCX0 NormalTextRun" lang="EN-US">Orion was selected for demonstration at the 2026 Commonwealth Cyber Initiative Symposium in Richmond, Virginia, where the team forged valuable connections and gained insights to further strengthen the platform.</span><span class="EOP SCXW259066751 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW259066751 BCX0"><span class="TextRun SCXW259066751 BCX0 NormalTextRun" lang="EN-US">“It was awesome to see all the different professors and other students who are going down the same path as us and to see what they were doing with their research, as well as to get additional feedback that we could use to improve our own research,” says Le. The entire team made the trip for the symposium, where they had a booth playing their demo video and where they conducted a live demo as well.</span><span class="EOP SCXW259066751 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW259066751 BCX0"><span class="TextRun SCXW259066751 BCX0 NormalTextRun" lang="EN-US">“Being an information technology major, I always thought that I was kind of looped into only being able to do IT-based jobs,” says Le. “But doing a technical project like this gave me more confidence to strive higher and chase those cyber engineering jobs, which I feel like, without the program, I wouldn’t be in the same spot.”</span><span class="EOP SCXW259066751 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW259066751 BCX0"><span class="TextRun SCXW259066751 BCX0 NormalTextRun" lang="EN-US">The team’s successful showcase at the Commonwealth Cyber Initiative Symposium underscores how experiential learning, research, and industry partnerships can come together to prepare students to develop innovative solutions in the fields of AI and cybersecurity. Because of PREP and its invaluable industry connections, Le graduated with greater clarity, confidence, and direction, ready to make his mark in these evolving fields.</span><span class="EOP SCXW259066751 BCX0">&nbsp;</span></p> </div> </div> </div> </div> <div class="layout__region region-second"> <div data-block-plugin-id="field_block:node:news_release:field_associated_people" class="block block-layout-builder block-field-blocknodenews-releasefield-associated-people"> <h2>In This Story</h2> <div class="field field--name-field-associated-people field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">People Mentioned in This Story</div> <div class="field__items"> <div class="field__item"><a href="/profiles/bngac" hreflang="en">Brian Ngac</a></div> </div> </div> </div> <div data-block-plugin-id="field_block:node:news_release:field_content_topics" class="block block-layout-builder block-field-blocknodenews-releasefield-content-topics"> <h2>Topics</h2> <div class="field field--name-field-content-topics field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/21841" hreflang="en">Experiential Learning Program</a></div> <div class="field__item"><a href="/taxonomy/term/21842" hreflang="en">Professional Readiness Experiential Program</a></div> <div class="field__item"><a href="/taxonomy/term/12501" hreflang="en">Costello College of Business News</a></div> <div class="field__item"><a href="/taxonomy/term/21843" hreflang="en">Corporate Partner Faculty Fellow</a></div> <div class="field__item"><a href="/taxonomy/term/13701" hreflang="en">Costello College of Business Students</a></div> <div class="field__item"><a href="/taxonomy/term/3056" hreflang="en">Cybersecurity</a></div> <div class="field__item"><a href="/taxonomy/term/336" hreflang="en">Students</a></div> <div class="field__item"><a href="/taxonomy/term/4186" hreflang="en">Commonwealth Cyber Initiative (CCI)</a></div> <div class="field__item"><a href="/taxonomy/term/536" hreflang="en">Alumni</a></div> </div> </div> </div> </div> </div> Mon, 15 Jun 2026 13:52:13 +0000 Katelynn C Hipolito 345926 at Is ‘gender gating’ the secret to success in online dating? /news/2026-06/gender-gating-secret-success-online-dating <span>Is ‘gender gating’ the secret to success in online dating?</span> <span><span>Katelynn C Hipolito</span></span> <span><time datetime="2026-06-09T10:56:48-04:00" title="Tuesday, June 9, 2026 - 10:56">Tue, 06/09/2026 - 10:56</time> </span> <div class="layout layout--gmu layout--twocol-section layout--twocol-section--70-30"> <div class="layout__region region-first"> <div data-block-plugin-id="field_block:node:news_release:body" class="block block-layout-builder block-field-blocknodenews-releasebody"> <div class="field field--name-body field--type-text-with-summary field--label-visually_hidden"> <div class="field__label visually-hidden">Body</div> <div class="field__item"><p class="p2"><span class="intro-text">Digital matching platforms—from professional networking to ridesharing and accommodation services—add value by bringing supply and demand into balance. But deep-seated asymmetries can prove difficult to expunge, causing platforms’ functionality and productivity to suffer. This imbalance is common for many dual-matching platforms, including online dating services where men vastly outnumber women.</span></p> <p class="p2"><span class="s1"></span></p> <figure role="group" class="align-right"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/2023-11/karmegam-sabari-rajan.jpg" width="350" height="440" alt="Sabari Rajan Karmegam, assistant professor of information systems and operations management." loading="lazy"> </div> </div> <figcaption>Sabari Rajan Karmegam, assistant professor of information systems and operations management.&nbsp;</figcaption> </figure> <p class="p2">The matrimonial matching platforms popular among people of Indian descent are a prime example, says <a href="https://business.gmu.edu/profiles/skarmega"><span class="s2">Sabari Rajan Karmegam</span></a>, assistant professor of information systems and operations management at the <a href="https://business.gmu.edu/" title="Costello College of Business | 911">Costello College of Business</a> at 911. “The typical men-to-women ratio on these platforms ranges between 60:40 and 90:10,” he specifies.</p> <p class="p2">In a forthcoming paper in <em>Information Systems Research</em>, Karmegam and co-authors Jui Ramaprasad of University of Maryland and Anand Gopal of Nanyang Technological University discuss the results of their experimental study examining engagement practices and outcomes for users seeking lifelong partners through a leading matrimonial platform in India.</p> <p class="p2">As a result of the lopsided gender composition on the platform, men tended to send large numbers of invitations indiscriminately to increase their chances of finding a match. This resulted in a sizable skew in the number of invitations received by women: In Karmegam’s study, women received on average about 40 times as many expressions of interest (EIs) as men did.</p> <p class="p2">The deluge of EIs left women feeling “extremely overwhelmed in the initial couple of days after joining the platform,” Karmegam says. “Once they were flooded with all these requests, it was hard for them to figure out what the platform was all about. Congestion led to reduced engagement by women and potential exit from the platform. Under prevailing social norms in India, families often share in that sorting burden.” The skewed design also left men dissatisfied with the platform due to the competition effect.</p> <p class="p2">To improve the user experience for both parties, Karmegam and his co-authors tested the process of “gender gating,” which made women’s profiles visible only to men who meet culturally acceptable criteria for education, income, and age. For example, the “gender gate” prevented a man in his forties from viewing profiles of women more than 10 years younger or a couple of years older than he was. Women could override the “gender-gated” default settings with their own preferences, but men could not opt out of the restrictions.</p> <p class="p1">The experimental design included two groups (one control and one treatment), each representing a state in India. The two states in the study were similar in size, socioeconomic indicators and located in close geographic proximity, but different in language and cultural characteristics. This minimized interference and helped isolate the effect of the intervention.</p> <p class="p1">The researchers found that without negatively affecting male users, “gender gating” significantly improved women’s platform interaction, increased the number of matches, and improved match quality. It also resulted in women initiating more matches due to reduced screening time for finding a potential match.</p> <p class="p1">Women in the treatment group received 6 percent fewer post-intervention EIs, compared to the control group, while the efficacy of the matches improved by 72 percent. The paper attributes this improvement both to the lower number of EIs received and to better alignment with social norms.</p> <p class="p1">Women over 25, who sit at prime marriageable age and so align in age with more of the marriage-seeking men on the platform, experienced a 103 percent improvement in matching efficacy. They also sent 113 percent more EIs post-intervention, demonstrating increased agency.</p> <p class="p1">In this case, a match is not a marriage but an open line of communication with a serious prospect. “Most of the conversation happens offline,” Karmegam says. “A lot of things need to happen outside the platform for things to work out, and our study does not capture that.”</p> <p class="p1">Still, the “gender gating” experiment was such a success that the platform decided to extend the intervention across the entire user pool, Karmegam reports. In doing so, the platform joined other matchmaking services such as JDate and SKY People that use culturally appropriate criteria as a sorting mechanism to improve matchmaking accuracy.</p> <p class="p1">Karmegam believes similar interventions could be used in non-romantic matchmaking scenarios. “This is something that can be applied to any people-to-people matching. For example, the majority of Uber drivers are men. Parents could ask for their daughter’s Uber teen account to be ‘gender gated’, as an extra layer of protection,” he says.</p> <p class="p1">Hiring in competitive fields such as academia could also benefit from criteria-based sorting. “Narrowing the search to candidates who meet specific criteria, such as schools from which the applicants might have received their PhD degrees, would help raise the effectiveness of the process,” Karmegam says.</p> </div> </div> </div> </div> <div class="layout__region region-second"> <div data-block-plugin-id="field_block:node:news_release:field_associated_people" class="block block-layout-builder block-field-blocknodenews-releasefield-associated-people"> <h2>In This Story</h2> <div class="field field--name-field-associated-people field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">People Mentioned in This Story</div> <div class="field__items"> <div class="field__item"><a href="/profiles/skarmega" hreflang="en">Sabari Rajan Karmegam</a></div> </div> </div> </div> <div data-block-plugin-id="field_block:node:news_release:field_content_topics" class="block block-layout-builder block-field-blocknodenews-releasefield-content-topics"> <h2>Topics</h2> <div class="field field--name-field-content-topics field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/13796" hreflang="en">Costello College of Business Faculty Research</a></div> <div class="field__item"><a href="/taxonomy/term/21316" hreflang="en">A.I. and Innovation - Costello</a></div> <div class="field__item"><a href="/taxonomy/term/20921" hreflang="en">Costello Research Data Analytics</a></div> <div class="field__item"><a href="/taxonomy/term/20916" hreflang="en">Costello Research Digital Platforms</a></div> <div class="field__item"><a href="/taxonomy/term/21840" hreflang="en">Costello Research Diversity</a></div> <div class="field__item"><a href="/taxonomy/term/12501" hreflang="en">Costello College of Business News</a></div> <div class="field__item"><a href="/taxonomy/term/271" hreflang="en">Research</a></div> </div> </div> </div> </div> </div> Tue, 09 Jun 2026 14:56:48 +0000 Katelynn C Hipolito 345921 at 911 professor probes ‘Labubu economics’ /news/2026-06/george-mason-university-professor-probes-labubu-economics <span>911 professor probes ‘Labubu economics’</span> <span><span>Katelynn C Hipolito</span></span> <span><time datetime="2026-06-02T11:03:55-04:00" title="Tuesday, June 2, 2026 - 11:03">Tue, 06/02/2026 - 11:03</time> </span> <div class="layout layout--gmu layout--twocol-section layout--twocol-section--70-30"> <div class="layout__region region-first"> <div data-block-plugin-id="field_block:node:news_release:body" class="block block-layout-builder block-field-blocknodenews-releasebody"> <div class="field field--name-body field--type-text-with-summary field--label-visually_hidden"> <div class="field__label visually-hidden">Body</div> <div class="field__item"><p class="s3"><span class="intro-text">The </span><a href="https://www.wired.com/story/labubu-pop-mart-earnings-2025/" target="_blank"><span class="s5 intro-text">billion-dollar Labubu phenomenon</span></a><span class="intro-text"> broke a cardinal rule of retail: Consumers need to know what they’re buying before they open their wallet. Most new Labubu sales took the form of “blind boxes,” where purchasers found out which type of doll they’d purchased only after the fact.</span></p> <figure role="group" class="align-right"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/styles/medium/public/2025-10/zhechao_yang_1080x1350_0.png?itok=l7ukWy5h" width="448" height="560" loading="lazy"> </div> </div> <figcaption>Zhechao Yang, assistant professor of information systems and operations management at Costello College of Business at 911. Photo by Jeffrey Porovich/Costello College of Business.</figcaption> </figure> <p class="s3"><a href="https://business.gmu.edu/profiles/zyang31" title="Zhechao Yang"><span class="s5">Zhechao Yang</span></a><span>, assistant professor of information systems and operations management at the </span><a href="https://business.gmu.edu/" title="Costello College of Business | 911"><span>Costello College of Business</span></a><span> at 911, says that the “blind box” strategy, or “probabilistic selling” in academic terminology, is a rapidly growing global phenomenon that goes way beyond Labubu. Her recently published paper in </span><a href="https://pubsonline.informs.org/doi/abs/10.1287/msom.2024.1036?af=R" target="_blank" title="Learn more"><em><span class="s6">Manufacturing &amp; Service Operations Management</span></em></a><em><span class="s2"> </span></em><span>examines how, and why, this emerging strategy has worked for </span><a href="https://www.lego.com/en-us/product/series-29-71052" target="_blank" title="Learn more"><span class="s5">toymakers</span></a><span>, </span><a href="https://www.tripadvisor.com/ShowTopic-g45963-i10-k6859493-Car_rentals_through_Hotwire_Special_Car-Las_Vegas_Nevada.html" target="_blank" title="Learn more"><span class="s5">car rental companies</span></a><span> and</span><a href="https://www.tiktok.com/@jess4reads/video/7581668929051954463" target="_blank"><span class="s5"> booksellers</span></a><span> alike—while delighting customers willing to pay for a surprise.</span></p> <p class="s3"><span>The paper was co-authored by Hongseok Jang of Tulane University and Xiajun Amy Pan of University of Florida.</span></p> <p class="s3"><span>The researchers used game-theoretic modeling to analyze the interactions of suppliers, retailers and customers in a market where a manufacturer sells through a retailer. In this realistic setup, a supplier offers an assortment of products ranging from high- to low-quality at wholesale prices, which retailers seek to sell to consumers at the highest possible profit. Either the retailer or the supplier can choose to initiate probabilistic selling (PS), selecting some mixture of high- and low-quality products to go in the “blind boxes.”</span></p> <p class="s3"><span>Yang and her co-authors noted that PS can improve profits for retailers and suppliers in a number of ways. “One is the market expansion effect,” Yang explains. “If there is an excess of high-quality products that consumers are not buying, they can be combined with low-quality products to form a new product, via PS…Another way is through strategic differentiation, essentially preventing the excess high-quality products from experiencing price convergence with lower-quality products.”</span></p> <p class="s3"><span>But PS’ profitability potential is far from uniform. As the paper clarifies, it can vary greatly with the context, based particularly on two elements: whether PS is retailer- or supplier-led, and whether high-value products are abundant or scarce.</span></p> <p class="s3"><span>The researchers found that transaction costs—the extra costs of creating and selling blind boxes—were one of the main determining factors. Whichever party initiates PS will have to bear certain costs, which may include the labor required to assemble “blind boxes,” and additional fulfillment, inventory and logistics costs. Additionally, Yang says, “There could be financial and accounting costs associated with adding new products.”</span></p> <p class="s3"><span>When retailers take it upon themselves to introduce PS, the associated transaction costs can reshape upstream pricing. Anticipating those costs, the supplier may lower the wholesale price of high-quality products to make the blind-box strategy viable for the retailer. This can help the retailer, but it also reduces the supplier’s margin and may make retailer-led PS unattractive to the supplier under some conditions.</span></p> <p class="s3"><span>When retailers take the lead, they will adjust the product mix for PS based on balancing transaction costs against the likelihood of product cannibalization—a trade-off that may give rise to more shortsighted choices.</span></p> <p class="s3"><span>On the other hand, supplier-led PS gives the supplier more control over both the blind-box mix and the wholesale terms. Also, by adjusting the number of high-quality products that will go in the “blind boxes,” the supplier can maximize price differentiation, thus increasing profits.</span></p> <p class="s3"><span>“When the supplier leads the strategy, it can reduce the channel inefficiency,” Yang says. “In the model, the supplier can control both the product mix inside the blind box and the wholesale terms offered to the retailer. That can make it easier to manage cannibalization and preserve the value of high-quality products.”</span></p> <p class="s3"><span>The importance of supplier-led PS becomes especially clear when high-value products are scarce. In that setting, the paper shows that firms should use the limited high-value capacity on “blind boxes” rather than sell those products separately.</span></p> <p class="s3"><span>Thus, the paper concludes that supplier-led PS, unlike the retailer-led variety, can create a “win-win-win” scenario where the supplier and retailer both earn higher profits, market coverage expands, and consumers benefit from access to a broader set of purchasing options.</span></p> <p class="s3"><span>However, power plays a significant role in real-world decisions around PS. “In reality, major retailers like Amazon may have more bargaining power, more pricing power. The high-level assumption we give this model is that when the retailer is more powerful, the retailer gets the first opportunity to decide whether to introduce PS., but that doesn’t mean it’s the best option for the whole supply chain,” Yang says.</span></p> <p class="s3"><span>“It’s better for the two parties to have some conversation before deciding who will take the power at the very beginning. Large retailers may have some advantages, but sometimes it’s better to give this power to the supplier.”</span></p> </div> </div> </div> </div> <div class="layout__region region-second"> <div data-block-plugin-id="field_block:node:news_release:field_associated_people" class="block block-layout-builder block-field-blocknodenews-releasefield-associated-people"> <h2>In This Story</h2> <div class="field field--name-field-associated-people field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">People Mentioned in This Story</div> <div class="field__items"> <div class="field__item"><a href="/profiles/zyang31" hreflang="en">Zhechao Yang</a></div> </div> </div> </div> <div data-block-plugin-id="field_block:node:news_release:field_content_topics" class="block block-layout-builder block-field-blocknodenews-releasefield-content-topics"> <h2>Topics</h2> <div class="field field--name-field-content-topics field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/21051" hreflang="en">Operations - Costello</a></div> <div class="field__item"><a href="/taxonomy/term/21046" hreflang="en">Costello Research Retail</a></div> <div class="field__item"><a href="/taxonomy/term/20926" hreflang="en">Costello Research Business Model Innovation</a></div> <div class="field__item"><a href="/taxonomy/term/12501" hreflang="en">Costello College of Business News</a></div> <div class="field__item"><a href="/taxonomy/term/13131" hreflang="en">ISOM Faculty Research</a></div> <div class="field__item"><a href="/taxonomy/term/13796" hreflang="en">Costello College of Business Faculty Research</a></div> <div class="field__item"><a href="/taxonomy/term/271" hreflang="en">Research</a></div> </div> </div> </div> </div> </div> Tue, 02 Jun 2026 15:03:55 +0000 Katelynn C Hipolito 345887 at MS in Finance alum built a career foundation through academic engagement /news/2026-05/ms-finance-alum-built-career-foundation-through-academic-engagement <span>MS in Finance alum built a career foundation through academic engagement</span> <span><span>Katelynn C Hipolito</span></span> <span><time datetime="2026-05-14T10:07:40-04:00" title="Thursday, May 14, 2026 - 10:07">Thu, 05/14/2026 - 10:07</time> </span> <div class="layout layout--gmu layout--twocol-section layout--twocol-section--70-30"> <div class="layout__region region-first"> <div data-block-plugin-id="field_block:node:news_release:body" class="block block-layout-builder block-field-blocknodenews-releasebody"> <div class="field field--name-body field--type-text-with-summary field--label-visually_hidden"> <div class="field__label visually-hidden">Body</div> <div class="field__item"><p class="Paragraph SCXW213126911 BCX0"><span class="TextRun SCXW213126911 BCX0 NormalTextRun intro-text" lang="EN-US">During his undergraduate studies, Brian Gaydos, MS Finance ’25, took several finance classes that piqued his interest and led him to consider beginning a finance graduate program immediately after graduating.&nbsp;</span></p> <figure role="group"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/2026-05/brian_gaydos_headshot_selection_.jpg" width="3500" height="2333" alt="Brian Gaydos, MS Finance ’25. Photo by Hannah Patterson/Costello College of Business." loading="lazy"> </div> </div> <figcaption>Brian Gaydos, MS Finance ’25. Photo by Hannah Patterson/Costello College of Business</figcaption> </figure> <p class="Paragraph SCXW213126911 BCX0"><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">After learning about the faculty’s academic research and industry experience, as well as the campus’s location</span><span class="TextRun SCXW213126911 BCX0 NormalTextRun CommentStart" lang="EN-US"> </span><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">and the program’s convenience, his decision was sealed, and he enrolled in the </span><a class="Hyperlink SCXW213126911 BCX0" href="https://business.gmu.edu/programs/graduate-degree-programs/ms-finance"><span class="TextRun Underlined SCXW213126911 BCX0 NormalTextRun" lang="EN-US">Master of Science in F</span></a><a href="https://business.gmu.edu/programs/graduate-degree-programs/ms-finance"><span class="TextRun Underlined SCXW213126911 BCX0 NormalTextRun" lang="EN-US">inance</span></a><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US"> program at the </span><a href="https://business.gmu.edu/"><span class="TextRun Underlined SCXW213126911 BCX0 NormalTextRun" lang="EN-US">Costello College of Business</span></a><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US"> at 911.&nbsp;</span><span class="EOP SCXW213126911 BCX0">&nbsp;</span></p> <blockquote><p class="Paragraph SCXW213126911 BCX0"><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">“911 has a great recruiting base. I think that attending these networking events is something that really helped kickstart my career.”</span><span class="EOP SCXW213126911 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW213126911 BCX0"><span class="EOP SCXW213126911 BCX0"><strong>— </strong></span><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US"><strong>Brian Gaydos, MS Finance ’25</strong></span></p> </blockquote> <p class="Paragraph SCXW213126911 BCX0"><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">In the hybrid program, Gaydos made sure to attend in person almost every time, taking two classes at a time each eight-week semester. He found the faculty exceeded his expectations, especially in the </span><span class="TextRun SCXW213126911 BCX0 NormalTextRun CommentStart" lang="EN-US">courses </span><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">taught by </span><a href="https://business.gmu.edu/profiles/trequeij"><span class="TextRun Underlined SCXW213126911 BCX0 NormalTextRun" lang="EN-US">Tiago Requeijo</span></a><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">, instructional assistant professor of finance, and </span><a href="https://business.gmu.edu/profiles/dhorstme"><span class="TextRun Underlined SCXW213126911 BCX0 NormalTextRun" lang="EN-US">Derek Horstmeyer</span></a><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">, instructional professor of finance.</span><span class="EOP SCXW213126911 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW213126911 BCX0"><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">Gaydos took Statistical and Quantitative Methods for Finance, as well as Managerial Economics and Decisions of the Firm, with Requeijo. In Quantitative Methods, he developed a strong foundation in applying statistical and quantitative techniques to financial data, strengthening his ability to analyze trends and make data-driven decisions using Python. Through Managerial Economics, he gained a deeper understanding of how firms approach pricing, cost structures, and strategic decision-making in competitive markets. Together, these classes played a key role in shaping his ability to approach financial and business problems with both analytical rigor and a strategic perspective.</span><span class="EOP SCXW213126911 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW213126911 BCX0"><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">Gaydos was also particularly impacted by classes and mentorship from Horstmeyer. In the </span><a href="https://smif.business.gmu.edu/smif-events/" target="_blank"><span class="TextRun Underlined SCXW213126911 BCX0 NormalTextRun" lang="EN-US">Student Managed Investment Fund</span></a><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US"> course, students actively manage a real investment portfolio, conduct equity research, and present investment recommendations. Through this experience, Gaydos gained hands-on exposure to portfolio construction, valuation, and risk analysis while developing the ability to communicate and defend investment ideas in a professional setting. The course emphasized real-world application, requiring students to collaborate on investment decisions and engage with financial tools and market data. Gaydos also completed research assistant work for Horstmeyer, which was published in </span><a href="https://www.wsj.com/finance/investing/market-timing-buy-sell-investor-impact-7e5af96a?mod=latest_headlines" target="_blank"><em><span class="TextRun Underlined SCXW213126911 BCX0 NormalTextRun" lang="EN-US">The Wall Street Journal</span></em></a><em><span class="TextRun EmptyTextRun SCXW213126911 BCX0" lang="EN-US"></span></em>.<span class="EOP SCXW213126911 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW213126911 BCX0"><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">While enrolled at Costello, Gaydos gained another perspective on the material he was studying and researching as a teaching assistant for two 400-level finance courses. “When you’re on the side where you’re explaining and teaching concepts to other people, it really reinforces your own learning. As you answer questions, it makes you think deeply about the material,” he says.</span><span class="EOP SCXW213126911 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW213126911 BCX0"><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">Among Gaydos’s favorite experiences at Costello was the Costello Fellows on Wall Street trip to New York City, where he visited several firms and networked with local alumni. He took advantage of many other opportunities including joining the </span><a href="https://mason360.gmu.edu/mcclub/home-(copy)/" target="_blank"><span class="TextRun Underlined SCXW213126911 BCX0 NormalTextRun" lang="EN-US">Mason Consulting Group</span></a><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US"> and competing in the CFA Research Challenge. In addition to these extracurricular experiences, Gaydos attended networking events, like the Meet the Firms on-campus event, where he made a connection that led to landing a financial analyst role shortly after graduating. “911 has a great recruiting base,” he says. “I think that attending these networking events is something that really helped kickstart my career.”</span><span class="EOP SCXW213126911 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW213126911 BCX0"><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">Currently, Gaydos is a financial analyst </span><span class="TextRun SCXW213126911 BCX0 NormalTextRun CommentStart CommentHighlightPipeRest CommentHighlightRest" lang="EN-US">at Brookfield Residential</span><span class="TextRun SCXW213126911 BCX0 NormalTextRun CommentHighlightPipeRest" lang="EN-US">, a leading North American land developer and homebuilder for more than 65 years. His chief responsibilities revolve around conducting competitive analyses for single</span><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">-family housing communities across the Northeast, performing variance analyses, and supporting quarterly financial reporting.&nbsp;</span></p> <p class="Paragraph SCXW213126911 BCX0"><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">“It’s interesting to be able to see inside the business and to plan ahead strategically,” he says. Financial modeling skills that he developed in his corporate finance class, such as forecasting and valuation, have become integral to his role.</span><span class="EOP SCXW213126911 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW213126911 BCX0"><span class="TextRun SCXW213126911 BCX0 NormalTextRun" lang="EN-US">By taking advantage of experiential learning opportunities, student organizations, research roles, and networking events, Brian Gaydos forged connections and deepened his understanding of finance, ensuring that his education was not limited to the classroom. He is particularly interested in exploring fields such as investment banking, private equity, and corporate strategy, where he can apply his financial modeling and analytical skills to evaluate investments, drive strategic decisions, and create long-term value. As he continues his professional journey, Gaydos remains confident that the strong foundation he built at Costello will continue to support his career success.</span><span class="EOP SCXW213126911 BCX0">&nbsp;</span></p> </div> </div> </div> </div> <div class="layout__region region-second"> <div data-block-plugin-id="field_block:node:news_release:field_associated_people" class="block block-layout-builder block-field-blocknodenews-releasefield-associated-people"> <h2>In This Story</h2> <div class="field field--name-field-associated-people field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">People Mentioned in This Story</div> <div class="field__items"> <div class="field__item"><a href="/profiles/trequeij" hreflang="en">Tiago Requeijo</a></div> <div class="field__item"><a href="/profiles/dhorstme" hreflang="en">Derek Horstmeyer</a></div> </div> </div> </div> <div data-block-plugin-id="field_block:node:news_release:field_content_topics" class="block block-layout-builder block-field-blocknodenews-releasefield-content-topics"> <h2>Topics</h2> <div class="field field--name-field-content-topics field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/8536" hreflang="en">Costello College of Business Alumni</a></div> <div class="field__item"><a href="/taxonomy/term/12501" hreflang="en">Costello College of Business News</a></div> <div class="field__item"><a href="/taxonomy/term/13691" hreflang="en">Master's in Finance Program</a></div> <div class="field__item"><a href="/taxonomy/term/536" hreflang="en">Alumni</a></div> </div> </div> </div> </div> </div> Thu, 14 May 2026 14:07:40 +0000 Katelynn C Hipolito 345873 at Students step into the world of investment banking through Costello Fellows on Wall Street /news/2026-05/students-step-world-investment-banking-through-costello-fellows-wall-street <span>Students step into the world of investment banking through Costello Fellows on Wall Street</span> <span><span>Katelynn C Hipolito</span></span> <span><time datetime="2026-05-13T10:52:31-04:00" title="Wednesday, May 13, 2026 - 10:52">Wed, 05/13/2026 - 10:52</time> </span> <div class="layout layout--gmu layout--twocol-section layout--twocol-section--70-30"> <div class="layout__region region-first"> <div data-block-plugin-id="field_block:node:news_release:body" class="block block-layout-builder block-field-blocknodenews-releasebody"> <div class="field field--name-body field--type-text-with-summary field--label-visually_hidden"> <div class="field__label visually-hidden">Body</div> <div class="field__item"><p class="Paragraph SCXW96178302 BCX0"><span class="TextRun SCXW96178302 BCX0 NormalTextRun intro-text" lang="EN-US">To learn through experience and gain a competitive edge, finance and accounting students from the </span><a href="https://business.gmu.edu/"><span class="TextRun Underlined SCXW96178302 BCX0 NormalTextRun intro-text" lang="EN-US">Costello College of Business</span></a><span class="TextRun SCXW96178302 BCX0 NormalTextRun intro-text" lang="EN-US"> at 911 participated in the Costello Fellows on Wall Street program, connecting with major financial services firms and alumni in New York City. What has become an annual tradition continues to grow, with participation expanding significantly—from 10 students in previous years to approximately 30 this year.</span><span class="EOP SCXW96178302 BCX0 intro-text">&nbsp;</span></p> <figure role="group"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/styles/extra_large_content_image/public/2026-05/dsc_1055_1.jpg?itok=2k8SE5tz" width="1480" height="988" alt="Costello College of Business alumni networking. Photo by Alina Alam." loading="lazy"> </div> </div> <figcaption>Costello College of Business alumni networking. Photo by Alina Alam</figcaption> </figure> <p class="Paragraph SCXW96178302 BCX0"><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">Using his extensive connections, the trip this past April was organized by </span><a href="https://business.gmu.edu/profiles/dhorstme"><span class="TextRun Underlined SCXW96178302 BCX0 NormalTextRun" lang="EN-US">Derek Horstmeyer</span></a><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">, an instructional professor of finance at the Costello College of Business, who is also the co-founder and director of the </span><a href="https://smif.business.gmu.edu/" target="_blank"><span class="TextRun Underlined SCXW96178302 BCX0 NormalTextRun" lang="EN-US">Montano Student Managed Investment Fund (SMIF)</span></a><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">. SMIF is an all-equity fund administered by select finance students at Costello. Those selected as officers are responsible for managing a</span><span class="TextRun SCXW96178302 BCX0 NormalTextRun CommentStart" lang="EN-US"> $4</span><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">92,000 portfolio.&nbsp;</span></p> <p class="Paragraph SCXW96178302 BCX0"><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">Additionally, Costello offers a SMIF course taught by Horstmeyer, where students learn about the decision-making process involved in managing the fund. Along with other students who seized the </span><span class="TextRun SCXW96178302 BCX0 NormalTextRun ContextualSpellingAndGrammarErrorV2Themed" lang="EN-US">funded</span><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US"> opportunity to visit Wall Street, many of the participants were members of SMIF.</span><span class="EOP SCXW96178302 BCX0">&nbsp;</span></p> <blockquote><p class="Paragraph SCXW96178302 BCX0"><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">“A lot of these firms will give you the same experience by flying you out to private recruitment events, but those programs are really competitive, and sometimes they don’t consider you because of your major, year, or some other location factor.”&nbsp;</span></p> <p class="Paragraph SCXW96178302 BCX0"><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US"><strong>—Alina Alam, </strong></span><strong>current accounting student at the Costello College of Business at 911</strong></p> </blockquote> <figure role="group" class="align-right"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/styles/small_content_image/public/2026-05/dsc_0984_1.jpg?itok=_Pbb-G59" width="350" height="234" alt="Costello College of Business alumni reception signage. Photo by Alina Alam." loading="lazy"> </div> </div> <figcaption>Costello College of Business alumni reception signage. Photo by Alina Alam.</figcaption> </figure> <p class="Paragraph SCXW96178302 BCX0"><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">Alina Alam, a senior studying accounting, first learned about SMIF as a freshman and decided to get involved. She was accepted through the rigorous interview process for her final semester as an undergraduate student. As SMIF’s director of marketing, she documented the trip, capturing photos and moments to share across the organization’s rapidly growing social media platforms.</span><span class="EOP SCXW96178302 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW96178302 BCX0"><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">Over the two-day event, the group moved quickly from firm to firm with a packed itinerary. On the first day, they visited Raymond James, Oppenheimer, and S&amp;P Global, and attended </span><span class="TextRun SCXW96178302 BCX0 NormalTextRun CommentStart" lang="EN-US">a</span><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">n alumni mixer in the West Village organized by the </span><a href="https://business.gmu.edu/alumni/costello-alumni-chapter"><span class="TextRun Underlined SCXW96178302 BCX0 NormalTextRun" lang="EN-US">Costello Alumni Chapter</span></a><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US"> featuring</span><span class="TextRun SCXW96178302 BCX0 NormalTextRun CommentStart" lang="EN-US"> a panel of firm representatives</span><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">—</span><a href="https://business.gmu.edu/profiles/manya-vij"><span class="TextRun Underlined SCXW96178302 BCX0 NormalTextRun" lang="EN-US">Manya Vij</span></a><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">, BS Finance ‘21; Jannat Bhinder, MS Business Administration and Management ‘18; Megan Farina, BS Management Information Systems '01; and Michael Marino, BA ‘11. The next day consisted of visits to Wolfe Research (an equity research firm), J.P. Morgan, and BMS Capital.</span><span class="EOP SCXW96178302 BCX0">&nbsp;</span></p> <figure role="group" class="align-left"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/styles/small_content_image/public/2026-05/dsc_1043_1.jpg?itok=w-zjzhtQ" width="350" height="234" alt="Costello College of Business alumni panel. Photo by Alina Alam." loading="lazy"> </div> </div> <figcaption><em>Costello College of Business alumni panel. Photo by Alina Alam.</em></figcaption> </figure> <p class="Paragraph SCXW96178302 BCX0"><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">Many of the students participating in Costello Fellows on Wall Street rank among the top of their class and are applying—or planning to apply—to internships at firms on the trip itinerary. Experiencing the offices firsthand and engaging with professionals across varying levels of seniority </span><span class="TextRun SCXW96178302 BCX0 NormalTextRun ContextualSpellingAndGrammarErrorV2Themed" lang="EN-US">provided</span><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US"> invaluable insight into the careers they are preparing to pursue.</span><span class="EOP SCXW96178302 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW96178302 BCX0"><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">“A lot of these firms will give you the same experience by flying you out to private recruitment events, but those programs are really competitive, and sometimes they don’t consider you because of your major, year, or some other location factor,” says Alam.&nbsp;</span></p> <p class="Paragraph SCXW96178302 BCX0"><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">She found tremendous value in </span><span class="TextRun SCXW96178302 BCX0 NormalTextRun ContextualSpellingAndGrammarErrorV2Themed" lang="EN-US">the office</span><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US"> visits</span><span class="TextRun SCXW96178302 BCX0 NormalTextRun CommentStart" lang="EN-US"> </span><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">in terms of networking and sharing information with other students. “The students who were on the trip, even the really shy, introverted ones, opened up, and they made friends with the people on the trip,” she says. “If you know people within your major, it gives you an upper hand in so many ways because you know exactly how to get more involved with on-campus organizations like the SMIF once you return from the trip.</span><span class="TextRun SCXW96178302 BCX0 NormalTextRun CommentStart" lang="EN-US">”</span><span class="EOP SCXW96178302 BCX0">&nbsp;</span></p> <figure role="group"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/2026-05/dsc_1100_1.jpg" width="2500" height="1669" alt="Costello College of Business alumni. Photo by Alina Alam." loading="lazy"> </div> </div> <figcaption>Costello Fellows on Wall Street program student participants. Photo by Alina Alam.&nbsp;</figcaption> </figure> <p class="Paragraph SCXW96178302 BCX0"><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">For students interested in working in the highly competitive world of </span><span class="TextRun SCXW96178302 BCX0 NormalTextRun CommentStart" lang="EN-US">investment banking and equity research</span><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">, Costello Fellows on Wall Street offers a highly impactful experiential learning opportunity. Throughout the trip, the students learned from finance professionals—many of them alumni—and from each other about the actions they need to take to become stronger job candidates and stand out from the crowd. They are not waiting for firms to come to them—they are blazing a pathway and meeting them where they are.</span><span class="EOP SCXW96178302 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW96178302 BCX0" lang="EN-US"><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">To get involved with the SMIF, follow them on Instagram </span><a href="https://www.instagram.com/smifgmu/" target="_blank" title="Opens in a new tab"><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US">@smifgmu</span></a><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US"> or access their official website </span><a class="Hyperlink SCXW96178302 BCX0" href="https://www.smif.business.gmu.edu/" target="_blank"><span class="TextRun Underlined SCXW96178302 BCX0 NormalTextRun" lang="EN-US">www.smif.</span></a><a href="https://www.smif.business.gmu.edu/" target="_blank"><span class="TextRun Underlined SCXW96178302 BCX0 NormalTextRun" lang="EN-US">business.gmu.edu</span></a><span class="TextRun SCXW96178302 BCX0 NormalTextRun" lang="EN-US"> to learn more.&nbsp;</span><span class="EOP SCXW96178302 BCX0">&nbsp;</span></p> </div> </div> </div> </div> <div class="layout__region region-second"> <div data-block-plugin-id="field_block:node:news_release:field_associated_people" class="block block-layout-builder block-field-blocknodenews-releasefield-associated-people"> <h2>In This Story</h2> <div class="field field--name-field-associated-people field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">People Mentioned in This Story</div> <div class="field__items"> <div class="field__item"><a href="/profiles/dhorstme" hreflang="en">Derek Horstmeyer</a></div> </div> </div> </div> <div data-block-plugin-id="inline_block:text" data-inline-block-uuid="1bb1266a-720f-42a6-aa88-cf3f9eb7ea85" class="block block-layout-builder block-inline-blocktext"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>&nbsp;</p> <hr> </div> </div> <div data-block-plugin-id="inline_block:call_to_action" data-inline-block-uuid="2d0eed40-eaa7-4497-9b3f-c5dd6691fee1"> <div class="cta"> <a class="cta__link" href="https://business.gmu.edu/"> <p class="cta__title">Explore the Costello College of Business <i class="fas fa-arrow-circle-right"></i> </p> <span class="cta__icon"></span> </a> </div> </div> <div data-block-plugin-id="inline_block:text" data-inline-block-uuid="19edab81-1a3a-4300-ada7-1171dfbbc09d" class="block block-layout-builder block-inline-blocktext"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>&nbsp;</p> <hr> </div> </div> <div data-block-plugin-id="inline_block:news_list" data-inline-block-uuid="c333b5bf-8f47-4e40-ac1e-317c0448f87c" class="block block-layout-builder block-inline-blocknews-list"> <h2>Related Stories</h2> <div class="views-element-container"><div class="view view-news view-id-news view-display-id-block_1 js-view-dom-id-8ab3335d49c7aa5dca6bb48f44bac5325ca1d17a5c45ea833b2d84ecd2ace42b"> <div class="view-content"> <div class="news-list-wrapper"> <ul class="news-list"> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/ms-finance-alum-built-career-foundation-through-academic-engagement" hreflang="en">MS in Finance alum built a career foundation through academic engagement</a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 27, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/george-mason-and-us-air-force-partner-rapidly-field-emerging-capabilities" hreflang="en">911 and U.S. Air Force partner to rapidly field emerging capabilities </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 18, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/students-step-world-investment-banking-through-costello-fellows-wall-street" hreflang="en">Students step into the world of investment banking through Costello Fellows on Wall Street</a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 13, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/power-showing-how-honors-college-student-built-career-seizing-every-opportunity" hreflang="en">The power of showing up: How this Honors College student built a career by seizing every opportunity </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 12, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/wrap-april-30-bov-meeting" hreflang="en">Wrap up for April 30 BOV meeting </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 11, 2026</div></div></li> </ul> </div> </div> </div> </div> </div> <div data-block-plugin-id="field_block:node:news_release:field_content_topics" class="block block-layout-builder block-field-blocknodenews-releasefield-content-topics"> <h2>Topics</h2> <div class="field field--name-field-content-topics field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/8536" hreflang="en">Costello College of Business Alumni</a></div> <div class="field__item"><a href="/taxonomy/term/21812" hreflang="en">Costello College of Business Alumni Chapter</a></div> <div class="field__item"><a href="/taxonomy/term/21823" hreflang="en">Costello College of Business Career Services</a></div> <div class="field__item"><a href="/taxonomy/term/12501" hreflang="en">Costello College of Business News</a></div> <div class="field__item"><a href="/taxonomy/term/336" hreflang="en">Students</a></div> </div> </div> </div> </div> </div> Wed, 13 May 2026 14:52:31 +0000 Katelynn C Hipolito 345845 at The power of showing up: How this Honors College student built a career by seizing every opportunity /news/2026-05/power-showing-how-honors-college-student-built-career-seizing-every-opportunity <span>The power of showing up: How this Honors College student built a career by seizing every opportunity </span> <span><span>Katarina Benson</span></span> <span><time datetime="2026-05-12T13:30:08-04:00" title="Tuesday, May 12, 2026 - 13:30">Tue, 05/12/2026 - 13:30</time> </span> <div class="layout layout--gmu layout--twocol-section layout--twocol-section--70-30"> <div class="layout__region region-first"> <div data-block-plugin-id="field_block:node:news_release:body" class="block block-layout-builder block-field-blocknodenews-releasebody"> <div class="field field--name-body field--type-text-with-summary field--label-visually_hidden"> <div class="field__label visually-hidden">Body</div> <div class="field__item"><div style="min-width: 50%;"> <div class="field field--name-field-media-video-embed-field field--type-video-embed-field field--label-hidden field__item"><div class="video-embed-field-provider-youtube video-embed-field-responsive-video"><iframe width="854" height="480" frameborder="0" allowfullscreen="allowfullscreen" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/H3nop1dasMQ?autoplay=0&amp;start=0&amp;rel=0&amp;mute=0"></iframe> </div> </div> </div> <p class="Paragraph SCXW44824227 BCX0"><span class="TextRun SCXW44824227 BCX0 NormalTextRun intro-text" lang="EN-US">For Honors College student and University Scholar Monica Amaya, the journey to a degree isn’t just about the final walk across the stage—it’s about a promise she made to her family and herself years ago.</span><span class="EOP SCXW44824227 BCX0 intro-text">&nbsp;</span></p> <figure role="group" class="align-right"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/styles/small_content_image/public/2026-05/monica_amaya_260417901.jpg?itok=QMhvPcA0" width="350" height="350" loading="lazy"> </div> </div> <figcaption>Monica Amaya is an Honors College student and a University Scholar.</figcaption> </figure> <p class="Paragraph SCXW44824227 BCX0"><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US">Amaya first got involved with 911’s </span><a class="Hyperlink SCXW44824227 BCX0" href="https://eip.gmu.edu/current-students" target="_blank"><span class="TextRun Underlined SCXW44824227 BCX0 NormalTextRun" lang="EN-US">Early Identification Program</span></a><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US"> (EIP) as an eighth-grader. When she graduated from Manassas Park High School in 2022, she knew she had the skills to succeed in college, and she credits EIP </span><span class="TextRun SCXW44824227 BCX0 NormalTextRun ContextualSpellingAndGrammarErrorV2Themed" lang="EN-US">with</span><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US"> giving her the support and the road map to get there.&nbsp;</span><span class="EOP SCXW44824227 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW44824227 BCX0"><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US">"The program pushed me and motivated me so I could set an example for my younger siblings," she said in 2022. "We can do anything if we work hard."</span><span class="EOP SCXW44824227 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW44824227 BCX0"><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US">When she arrived at 911, Amaya dove into the innovation and technology of the Northern Virginia and D.C. area. Immersed in an environment that aligned with her passion for data and national security, she pursued a BS in business with a concentration in management information systems.&nbsp;</span><span class="EOP SCXW44824227 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW44824227 BCX0"><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US">She also took advantage of a wide range of other opportunities at 911. After attending an </span><span class="TextRun SCXW44824227 BCX0 NormalTextRun ContextualSpellingAndGrammarErrorV2Themed" lang="EN-US">Honors</span><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US"> College roundtable in 2024, she networked with leaders in her industry. That event was part of the Honors College Professional Development Fellows program, a series of workshops that help students in the program craft their resumes, build their LinkedIn profiles, practice interviewing, and otherwise prepare for internship and career opportunities.</span><span class="EOP SCXW44824227 BCX0">&nbsp;</span></p> <blockquote><p class="Paragraph SCXW44824227 BCX0"><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US">“Showing up is only the first step,” Amaya said. “The most impactful step is really what you make out of the opportunity, who you get to meet, and making those connections.” </span><span class="EOP SCXW44824227 BCX0">&nbsp;</span></p> </blockquote> <p class="Paragraph SCXW44824227 BCX0"><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US">As a recipient of scholarships from the Costello College of Business, she was able to meet and network with industry leaders at donor appreciation events. A data analytics internship at CACI International through the </span><a class="Hyperlink SCXW44824227 BCX0" href="/news/2024-04/caci-scholars-get-head-start-success" target="_blank"><span class="TextRun Underlined SCXW44824227 BCX0 NormalTextRun" lang="EN-US">CACI Scholars Program</span></a><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US"> in summer 2024 paved the way for the full-time role as a software developer she will begin after graduation in May.</span><span class="EOP SCXW44824227 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW44824227 BCX0"><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US">In a full-circle moment, Amaya served as a peer mentor with EIP during her time at 911, becoming a guide for freshmen and sophomores, helping them navigate the same academic hurdles she had once faced.</span><span class="EOP SCXW44824227 BCX0">&nbsp;</span></p> <figure role="group" class="align-left"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/styles/small_content_image/public/2026-05/amaya_bov_260430503.jpg?itok=EF6Hfaru" width="333" height="350" loading="lazy"> </div> </div> <figcaption>Amaya speaking at the Board of Visitors meeting. Photo by Ron Aira/Office of University Branding</figcaption> </figure> <p class="Paragraph SCXW44824227 BCX0"><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US">"Truly, what I’m most proud of is what I’ve made out of my experiences," Amaya said.&nbsp;</span><span class="EOP SCXW44824227 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW44824227 BCX0"><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US">Her leadership also led her to the podium as a student speaker for the EIP at the recent Board of Visitors meeting, where she shared her story of resilience with the next generation of dreamers.&nbsp;</span><span class="EOP SCXW44824227 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW44824227 BCX0"><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US">“For me, EIP was not just a program</span><span class="TextRun SCXW44824227 BCX0 NormalTextRun ContextualSpellingAndGrammarErrorV2Themed" lang="EN-US">, it</span><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US"> was a foundation that made my journey to and through 911 possible,” she said. “EIP is not just about access—it helps students build confidence and the mindset to succeed, not only in college but beyond.”</span><span class="EOP SCXW44824227 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW44824227 BCX0"><span class="TextRun SCXW44824227 BCX0 NormalTextRun" lang="EN-US">For Amaya, graduation isn't the end—it’s the ultimate proof that with the right support and a relentless work ethic, any dream is within reach.</span><span class="EOP SCXW44824227 BCX0">&nbsp;</span></p> </div> </div> </div> </div> <div class="layout__region region-second"> <div data-block-plugin-id="inline_block:call_to_action" data-inline-block-uuid="9ea8ec87-b542-4f0f-83ce-08b5d72756c9"> <div class="cta"> <a class="cta__link" href="https://gmu.edu/graduation"> <p class="cta__title">2026 Spring Graduation Information <i class="fas fa-arrow-circle-right"></i> </p> <span class="cta__icon"> <div class="field field--name-field-cta-icon field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">Icon</div> <div class="field__item"><div> <div class="field field--name-field-media-font-awesome-icon field--type-fontawesome-icon field--label-visually_hidden"> <div class="field__label visually-hidden">Icon</div> <div class="field__item"><div class="fontawesome-icons"> <div class="fontawesome-icon"> <i class="fas fa-graduation-cap" data-fa-transform data-fa-mask style="--fa-primary-color: #000000; --fa-secondary-color: #000000;"></i> </div> </div> </div> </div> </div> </div> </div> </span> </a> </div> </div> <div data-block-plugin-id="inline_block:call_to_action" data-inline-block-uuid="ef07d7d3-9e27-49f4-86fc-89d840fa1702"> <div class="cta"> <a class="cta__link" href="https://eip.gmu.edu/current-students"> <p class="cta__title">Learn about 911's Early Identification Program <i class="fas fa-arrow-circle-right"></i> </p> <span class="cta__icon"></span> </a> </div> </div> <div data-block-plugin-id="inline_block:text" data-inline-block-uuid="b3ec6624-fa3e-42a2-aadf-84fdf0850483" class="block block-layout-builder block-inline-blocktext"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>&nbsp;</p> <hr> </div> </div> <div data-block-plugin-id="inline_block:news_list" data-inline-block-uuid="db274671-6f5e-42b9-ad9a-4e843e8dd04a" class="block block-layout-builder block-inline-blocknews-list"> <h2>Related Stories</h2> <div class="views-element-container"><div class="view view-news view-id-news view-display-id-block_1 js-view-dom-id-fa6e506f19c2df261f7f87b27aeffd69e7787b8f3529ad5ae7bc7ef6e685e9a0"> <div class="view-content"> <div class="news-list-wrapper"> <ul class="news-list"> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-06/honoring-achievement-generosity-and-impact-2026-scholarship-celebration" hreflang="en">Honoring achievement, generosity, and impact at the 2026 Scholarship Celebration </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">June 12, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-06/graduate-student-credits-campus-community-helping-her-find-her-course" hreflang="en">Graduate student credits campus community for helping her find her course </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">June 11, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-06/george-mason-phd-student-recognized-blockchain-privacy-research" hreflang="en">911 PhD student recognized for blockchain privacy research</a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">June 2, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-06/university-scholar-combines-art-and-conflict-resolution-build-bridges" hreflang="en">University Scholar combines art and conflict resolution to build bridges</a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">June 1, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/george-mason-capitol-hill-how-environmental-policy-training-shaped-one-graduates-path" hreflang="en">From 911 to Capitol Hill: How environmental policy training shaped one graduate’s path</a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 29, 2026</div></div></li> </ul> </div> </div> </div> </div> </div> </div> </div> <div class="layout layout--gmu layout--twocol-section layout--twocol-section--30-70"> <div class="layout__region region-first"> <div data-block-plugin-id="field_block:node:news_release:field_content_topics" class="block block-layout-builder block-field-blocknodenews-releasefield-content-topics"> <h2>Topics</h2> <div class="field field--name-field-content-topics field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/821" hreflang="en">Honors College</a></div> <div class="field__item"><a href="/taxonomy/term/661" hreflang="en">Early Identification Program (EIP)</a></div> <div class="field__item"><a href="/taxonomy/term/1061" hreflang="en">Costello College of Business</a></div> <div class="field__item"><a href="/taxonomy/term/1701" hreflang="en">University Scholars</a></div> <div class="field__item"><a href="/taxonomy/term/721" hreflang="en">internships</a></div> <div class="field__item"><a href="/taxonomy/term/336" hreflang="en">Students</a></div> <div class="field__item"><a href="/taxonomy/term/481" hreflang="en">Graduation</a></div> <div class="field__item"><a href="/taxonomy/term/12501" hreflang="en">Costello College of Business News</a></div> </div> </div> </div> </div> <div> </div> </div> Tue, 12 May 2026 17:30:08 +0000 Katarina Benson 345830 at For this Costello senior, good business is a win-win /news/2026-05/costello-senior-good-business-win-win <span>For this Costello senior, good business is a win-win</span> <span><span>sholla4</span></span> <span><time datetime="2026-05-07T15:44:03-04:00" title="Thursday, May 7, 2026 - 15:44">Thu, 05/07/2026 - 15:44</time> </span> <div class="layout layout--gmu layout--twocol-section layout--twocol-section--70-30"> <div class="layout__region region-first"> <div data-block-plugin-id="field_block:node:news_release:body" class="block block-layout-builder block-field-blocknodenews-releasebody"> <div class="field field--name-body field--type-text-with-summary field--label-visually_hidden"> <div class="field__label visually-hidden">Body</div> <div class="field__item"><p><span class="intro-text">Senior Khaled Alkurd is ending his undergraduate career on a high note.</span></p> <figure role="group" class="align-left"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/styles/medium/public/2026-05/alkurd_05_headshot_costello.jpg?itok=iUTqxR82" width="560" height="484" loading="lazy"> </div> </div> <figcaption>Photo provided</figcaption> </figure> <p>In the past few months, the <a href="https://business.gmu.edu/">Costello College of Business</a> student won the Future Founders track at the <a href="/news/2026-04/innovation-takes-center-stage-years-patriot-pitch-competition">2026 Patriot Pitch</a> for his company DealFax, an operational readiness assessment platform that helps business owners prepare for sale through their trusted advisors; got first place in the AGA’s National Datathon; and landed second place in the Management Consulted’s Case Competition World Cup out of 1,100 applicants. It’s a testament to his drive and track record in business, speeding up instead of slowing down as he approaches graduation.</p> <p>As Alkurd prepares to cross the stage and dive fully into an MS in accounting with a focus on analytics and forensic accounting through the <a href="/admissions-aid/accelerated-masters">Bachelor’s to Accelerated Master’s (BAM)</a> pathway, he spoke about his undergraduate journey at 911 and the importance of business as a force for good.</p> <h2>Choosing the Patriot path</h2> <p>911 is ranked highly for its <a href="/internships">internship</a> availability and outcomes, and that was key for me. The connections that 911 can afford students are very strong, with so many major companies: Amazon, Capital One, Deloitte, etc. Folks can sample from a few of them or build really deep relationships with one. The opportunity is unmatched.</p> <p>As for why I chose accounting: a decade of operating my family’s home inspection business NextDay Inspect taught me that financials drive every meaningful decision in a business. I wanted to understand that language at depth, especially the analytical and forensic side. Beyond the technical work, I gravitate toward business as a force for good. Done well, business is win-win. People walk away better off than before they engaged.</p> <h2>A great place for internships</h2> <p>I’ve had the opportunity to work with Ryan and Wetmore, Baker Tilly, and will be with PwC’s Deals practice this summer in Financial Due Diligence as I bridge into the MS program through BAM. The <a href="https://business.gmu.edu/current-students/career-services">Office of Career Services in Costello</a> has been amazing in their support. They reviewed my resume and cordoned off a private room for me to conduct Zoom interviews.</p> <p>Overall, the support at 911 is tremendous. It’s a big university, but it feels like a family. And Costello College of Business is really well equipped to deliver results, so there’s no expectations that are set that are not met. I’m very thankful for all the support.</p> <figure role="group"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/2026-05/alkurd_02_patriotpitch_award.jpg" width="1000" height="667" loading="lazy"> </div> </div> <figcaption>Alkurd after receiving the Patriot Pitch Future Founders track award. Photo by John Boal Photography</figcaption> </figure> <h2>From classroom to community</h2> <p>I am particularly proud of the work we’ve done through Beta Alpha Psi Theta Alpha, the accounting honors organization, for which I served as president this past year. We’ve been able to engage with the community through volunteering with the Junior Achievement Finance Park, where we’ve reached 960 eighth-grade students through teaching early financial literacy. Not only have I seen our volunteers grow as leaders and take ownership of those trainings, but I think learning how to educate and craft the message of finance in a way that is tailored for the audience is an incredibly important skill we improve through this work. &nbsp;</p> <h2>Fighting fires while forging skills</h2> <p>I joined Leesburg Volunteer Fire Company in 2008 when I was 16 and served for three and a half years. Now, I’m in the final stages of joining Sterling Volunteer Fire Company.</p> <p>The job rewires how you think. Each scenario drops you into a chaotic situation and teaches you to stop reacting and start reading the room to figure out what is a priority and what can wait. &nbsp;On a call, you learn to gather information fast, communicate clearly, and trust the people next to you. Both those skills carry into how I approach client work.</p> <h2>Advice for the next generation of 911 Patriots</h2> <p>Start early. There are experiences you can only get as freshmen and sophomores, like early pathway programs or externships. There’s so much you’ll miss by not engaging in student organizations; it’s an entirely different conversation than in the classroom, and it’s one you don’t want to miss out on because it’s helping with that connection to additional opportunity.&nbsp;</p> <p><br>&nbsp;</p> </div> </div> </div> </div> <div class="layout__region region-second"> <div data-block-plugin-id="inline_block:call_to_action" data-inline-block-uuid="86731ecc-8c9b-4b9c-b184-14d683e90025"> <div class="cta"> <a class="cta__link" href="https://business.gmu.edu/"> <p class="cta__title">See why Costello Means Business <i class="fas fa-arrow-circle-right"></i> </p> <span class="cta__icon"></span> </a> </div> </div> <div data-block-plugin-id="inline_block:news_list" data-inline-block-uuid="78eb0b8e-7b1b-44b6-97f7-17ff61944a83" class="block block-layout-builder block-inline-blocknews-list"> <h2>Related news</h2> <div class="views-element-container"><div class="view view-news view-id-news view-display-id-block_1 js-view-dom-id-5bfe6ac4ea520ad1e78a4985d8ce3f411517fdc6ed0bfb2a39ec919e7e1e47cf"> <div class="view-content"> <div class="news-list-wrapper"> <ul class="news-list"> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-06/graduate-student-credits-campus-community-helping-her-find-her-course" hreflang="en">Graduate student credits campus community for helping her find her course </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">June 11, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-06/university-scholar-combines-art-and-conflict-resolution-build-bridges" hreflang="en">University Scholar combines art and conflict resolution to build bridges</a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">June 1, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/george-mason-capitol-hill-how-environmental-policy-training-shaped-one-graduates-path" hreflang="en">From 911 to Capitol Hill: How environmental policy training shaped one graduate’s path</a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 29, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/honors-college-student-athlete-excels-and-field" hreflang="en">This Honors College student-athlete excels on and off the field </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 29, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/internship-helped-connect-eip-grad-career-path" hreflang="en">An internship helped connect this EIP grad with a career path </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 15, 2026</div></div></li> </ul> </div> </div> </div> </div> </div> <div data-block-plugin-id="field_block:node:news_release:field_content_topics" class="block block-layout-builder block-field-blocknodenews-releasefield-content-topics"> <h2>Topics</h2> <div class="field field--name-field-content-topics field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/336" hreflang="en">Students</a></div> <div class="field__item"><a href="/taxonomy/term/481" hreflang="en">Graduation</a></div> <div class="field__item"><a href="/taxonomy/term/1061" hreflang="en">Costello College of Business</a></div> <div class="field__item"><a href="/taxonomy/term/12501" hreflang="en">Costello College of Business News</a></div> <div class="field__item"><a href="/taxonomy/term/19226" hreflang="en">Patriot Pitch Competition</a></div> <div class="field__item"><a href="/taxonomy/term/21766" hreflang="en">Bachelor’s to Accelerated Master’s</a></div> <div class="field__item"><a href="/taxonomy/term/20556" hreflang="en">Internship</a></div> </div> </div> </div> </div> </div> Thu, 07 May 2026 19:44:03 +0000 sholla4 345823 at 911's Costello College of Business and NABA Inc. join forces to develop the business leaders of tomorrow /news/2026-05/george-mason-universitys-costello-college-business-and-naba-inc-join-forces-develop <span>911's Costello College of Business and NABA Inc. join forces to develop the business leaders of tomorrow</span> <span><span>Katelynn C Hipolito</span></span> <span><time datetime="2026-05-06T15:02:19-04:00" title="Wednesday, May 6, 2026 - 15:02">Wed, 05/06/2026 - 15:02</time> </span> <div class="layout layout--gmu layout--twocol-section layout--twocol-section--70-30"> <div class="layout__region region-first"> <div data-block-plugin-id="field_block:node:news_release:body" class="block block-layout-builder block-field-blocknodenews-releasebody"> <div class="field field--name-body field--type-text-with-summary field--label-visually_hidden"> <div class="field__label visually-hidden">Body</div> <div class="field__item"><p class="Paragraph SCXW120320077 BCX0"><span class="TextRun SCXW120320077 BCX0 NormalTextRun intro-text" lang="EN-US">The </span><a href="https://business.gmu.edu/"><span class="TextRun Underlined SCXW120320077 BCX0 NormalTextRun intro-text" lang="EN-US">Costello College of Business</span></a><span class="TextRun SCXW120320077 BCX0 NormalTextRun intro-text" lang="EN-US"> at 911 and NABA Inc. today announced a new three-year community partnership grounded in a shared belief: when students, educators, and industry leaders grow together, entire communities—and the businesses that serve them—thrive. The collaboration will strengthen professional development, open new pathways for student success, and deepen connections across the regional and national business community.&nbsp;</span><span class="EOP SCXW120320077 BCX0 intro-text">&nbsp;</span></p> <figure role="group"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/2026-05/navigatingai_102225-1.jpg" width="3000" height="2000" alt="Back row (left to right) Patrick Soleymani, associate dean for outreach and strategic engagement at Costello; Cherl Druehl, interim dean at Costello; James Suh, CEO and co-founder of Nashville Analytics, LLC and head of technology and insights, NABA Inc.; Rajiv Shenoy, partner and associate director at Boston Consulting Group; Front row (left to right) Ajay Vinzé, interim provost and executive vice president of 911; Tasha Austin, principal at Deloitte; Amarda Shehu, inaugural VP and chief AI officer at 911; Guylaine Saint Juste, president and CEO, NABA Inc. Photo by Hannah Patterson/Costello College of Business." loading="lazy"> </div> </div> <figcaption><em>Guylaine Saint Juste BA ‘94 (lower right), president and CEO, NABA Inc. is shown with panelists following a discussion focused on the people, policy, and leadership implications of AI adoption during Costello’s inaugural AI Symposium in October. Joining her on stage were (left to right): ) Interim Provost and Executive Vice President Ajay Vinzé, Associate Dean Patrick Soleymani, BS ’07, MBA ’09, Interim Dean Cheryl Druehl, Deloitte Principal Tasha Austin-Williams, Nashville Analytics CEO and co-founder James Suh, 911 Chief AI Officer Amarda Shehu, and Boston Consulting Group Partner and Associate Director Rajiv Shenoy. Photo by Hannah Patterson/Costello College of Business.</em></figcaption> </figure> <p><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">The partnership will also create more points of connection between students, faculty, alumni, and business leaders. NABA Inc. will attend signature Costello events, including the Corporate and Community Partner Luncheon, </span><a class="Hyperlink SCXW120320077 BCX0" href="https://business.gmu.edu/PatriotPitch"><span class="TextRun Underlined SCXW120320077 BCX0 NormalTextRun" lang="EN-US">Patriot Pitch</span></a><a href="https://business.gmu.edu/PatriotPitch"><span class="TextRun Underlined SCXW120320077 BCX0 NormalTextRun" lang="EN-US"> Competition</span></a><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">, and the </span><a href="https://business.gmu.edu/alumni/signature-events-and-volunteering"><span class="TextRun Underlined SCXW120320077 BCX0 NormalTextRun" lang="EN-US">Annual Business Celebration</span></a><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">, designed to spark conversation, strengthen networks, and accelerate shared impact. A dedicated concierge service from Costello will support seamless engagement and ongoing collaboration with business faculty and students.&nbsp;</span><span class="EOP SCXW120320077 BCX0">&nbsp;</span><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">&nbsp;</span><span class="EOP SCXW120320077 BCX0">&nbsp;</span></p> <blockquote><p class="Paragraph SCXW120320077 BCX0"><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">“Professional development is not a single event—it’s a promise we make to our students and to the business community. By working alongside NABA, we’re expanding access to mentorship, experiences, and networks that help talent flourish. When we invest in people and build community through collaboration, we create the conditions for consistent, long-term success—for our students, our partners, and the region we all share.”&nbsp;</span><span class="EOP SCXW120320077 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW120320077 BCX0"><span class="EOP SCXW120320077 BCX0"><strong>—</strong></span><span class="TextRun Underlined SCXW120320077 BCX0 NormalTextRun" lang="EN-US"><strong>Patrick Soleymani</strong></span><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US"><strong>, associate dean for outreach and strategic engagement at the Costello College of Business</strong></span></p> </blockquote> <p class="Paragraph SCXW120320077 BCX0"><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">NABA will recognize the Costello College of Business as the “Exclusive Academic Partner for NABA” on its website and in annual conference materials, amplifying the business college’s role in preparing the next generation of leaders. The partnership also expands opportunities for Costello students and faculty to engage with a national community of professionals through a premier presence at the NABA Annual Conference for the next three years.&nbsp;</span><span class="EOP SCXW120320077 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW120320077 BCX0"><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">“Professional development is not a single event—it’s a promise we make to our students and to the business community,” said </span><a href="https://business.gmu.edu/profiles/psoleyma"><span class="TextRun Underlined SCXW120320077 BCX0 NormalTextRun" lang="EN-US">Patrick Soleymani</span></a><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">, associate dean for outreach and strategic engagement at the Costello College of Business. “By working alongside NABA, we’re expanding access to mentorship, experiences, and networks that help talent flourish. When we invest in people and build community through collaboration, we create the conditions for consistent, long-term success—for our students, our partners, and the region we all share.”&nbsp;</span><span class="EOP SCXW120320077 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW120320077 BCX0"><span class="TextRun EmptyTextRun SCXW120320077 BCX0" lang="EN-US"></span><a href="https://business.gmu.edu/node/21491"><span class="TextRun Underlined SCXW120320077 BCX0 NormalTextRun" lang="EN-US">Guylaine Saint Juste</span></a><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">, president and CEO of NABA Inc., added, “We are at an inflection point in business and in higher education. Students who are preparing to enter the workforce now are navigating a world that </span><span class="TextRun SCXW120320077 BCX0 NormalTextRun ContextualSpellingAndGrammarErrorV2Themed" lang="EN-US">looks</span><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US"> nothing like the one most of us trained for. This partnership ensures that they are not navigating it alone. They will be part of a community that invests in them and holds them to the highest standard.”&nbsp;</span><span class="EOP SCXW120320077 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW120320077 BCX0"><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">The partnership is effective from April 2026 through April 2029.&nbsp;</span><span class="EOP SCXW120320077 BCX0">&nbsp;</span></p> <p class="Paragraph SCXW120320077 BCX0"><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">NABA Inc. is a leading organization dedicated to bridging the opportunity gap for underserved professionals in accounting, finance, data-analysis, AI, and related business professions.&nbsp;</span></p> <p class="Paragraph SCXW120320077 BCX0"><em><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">For more information, please contact: Costello College of Business, </span></em><a href="https://business.gmu.edu/about/contribute"><em><span class="TextRun Underlined SCXW120320077 BCX0 NormalTextRun" lang="EN-US">Office of Advancement and Alumni Relations</span></em></a><em><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">: </span></em><a href="tel:+17039931176 " target="_blank" title="Call the Office of Advancement and Alumni Relations"><em><span class="TextRun SCXW120320077 BCX0 NormalTextRun" lang="EN-US">703-993-1176</span><span class="EOP SCXW120320077 BCX0">&nbsp;</span></em></a></p> </div> </div> </div> </div> <div class="layout__region region-second"> <div data-block-plugin-id="field_block:node:news_release:field_associated_people" class="block block-layout-builder block-field-blocknodenews-releasefield-associated-people"> <h2>In This Story</h2> <div class="field field--name-field-associated-people field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">People Mentioned in This Story</div> <div class="field__items"> <div class="field__item"><a href="/profiles/psoleyma" hreflang="en">Patrick Soleymani</a></div> </div> </div> </div> <div data-block-plugin-id="inline_block:text" data-inline-block-uuid="95495e06-6af1-43b2-b0e6-e9283a491623" class="block block-layout-builder block-inline-blocktext"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>&nbsp;</p> <hr> </div> </div> <div data-block-plugin-id="inline_block:news_list" data-inline-block-uuid="0407ec5a-c996-4717-95cb-8840a1113080" class="block block-layout-builder block-inline-blocknews-list"> <h2>Related News</h2> <div class="views-element-container"><div class="view view-news view-id-news view-display-id-block_1 js-view-dom-id-7621904485ddd68ff4ddb5d0926630d3189e2ec5538cb43cbebcb4062bd66285"> <div class="view-content"> <div class="news-list-wrapper"> <ul class="news-list"> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/george-mason-and-us-air-force-partner-rapidly-field-emerging-capabilities" hreflang="en">911 and U.S. Air Force partner to rapidly field emerging capabilities </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 18, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/power-showing-how-honors-college-student-built-career-seizing-every-opportunity" hreflang="en">The power of showing up: How this Honors College student built a career by seizing every opportunity </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 12, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/wrap-april-30-bov-meeting" hreflang="en">Wrap up for April 30 BOV meeting </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 11, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/george-mason-universitys-costello-college-business-and-naba-inc-join-forces-develop" hreflang="en">911's Costello College of Business and NABA Inc. join forces to develop the business leaders of tomorrow</a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 8, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/costello-senior-good-business-win-win" hreflang="en">For this Costello senior, good business is a win-win</a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 7, 2026</div></div></li> </ul> </div> </div> </div> </div> </div> <div data-block-plugin-id="field_block:node:news_release:field_content_topics" class="block block-layout-builder block-field-blocknodenews-releasefield-content-topics"> <h2>Topics</h2> <div class="field field--name-field-content-topics field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/12501" hreflang="en">Costello College of Business News</a></div> <div class="field__item"><a href="/taxonomy/term/21521" hreflang="en">Corporate and Community Partners Program</a></div> <div class="field__item"><a href="/taxonomy/term/19541" hreflang="en">partnerships</a></div> <div class="field__item"><a href="/taxonomy/term/116" hreflang="en">Campus News</a></div> </div> </div> </div> </div> </div> Wed, 06 May 2026 19:02:19 +0000 Katelynn C Hipolito 345842 at The mindset shift that will move you from “manager” to “leader” /news/2026-04/mindset-shift-will-move-you-manager-leader <span>The mindset shift that will move you from “manager” to “leader”</span> <span><span>Katelynn C Hipolito</span></span> <span><time datetime="2026-04-29T13:55:07-04:00" title="Wednesday, April 29, 2026 - 13:55">Wed, 04/29/2026 - 13:55</time> </span> <div class="layout layout--gmu layout--twocol-section layout--twocol-section--70-30"> <div class="layout__region region-first"> <div data-block-plugin-id="field_block:node:news_release:body" class="block block-layout-builder block-field-blocknodenews-releasebody"> <div class="field field--name-body field--type-text-with-summary field--label-visually_hidden"> <div class="field__label visually-hidden">Body</div> <div class="field__item"><p><span class="intro-text" lang="EN-SG">Most managers are promoted because of their good </span><em><span class="intro-text" lang="EN-SG">individual </span></em><span class="intro-text" lang="EN-SG">performance. Such a mindset—that one’s </span><em><span class="intro-text" lang="EN-SG">own&nbsp;</span></em><span class="intro-text" lang="EN-SG">performance is the most important—is devilishly difficult to change, however, and employees suffer.&nbsp;</span></p> <figure role="group" class="align-right"> <div> <div class="field field--name-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/styles/medium/public/2026-05/kevin_rockmann.png?itok=MzeNYVM5" width="560" height="560" loading="lazy"> </div> </div> <figcaption>Kevin Rockmann. Photo by Jeffrey Porovich/Costello College of Business.</figcaption> </figure> <p><span lang="EN-SG">“It’s a hard lesson to learn, but the job of the manager actually is to help </span><em><span lang="EN-SG">others&nbsp;</span></em><span lang="EN-SG">do their job: Select them, guide them, help them, train them, but ultimately let </span><em><span lang="EN-SG">them </span></em><span lang="EN-SG">thrive and achieve. Not easy for someone who has reached the pinnacle by doing things themselves,” says </span><a href="https://business.gmu.edu/profiles/krockman" title="Kevin Rockmann"><span lang="EN-SG">Kevin Rockmann</span></a><span lang="EN-SG">, assistant dean for research, professor of management, and the CGI Corporate Partner Faculty Fellow at </span><a href="https://business.gmu.edu/" title="Costello College of Business | 911"><span lang="EN-SG">Costello College of Business</span></a><span lang="EN-SG"> at 911.</span></p> <p><span lang="EN-SG">Rockmann’s research focuses on the brighter side of employee relationships—bonds that, without crossing any lines of propriety, promote trust and mutually beneficial collaborations. It is both common knowledge and common sense that organizations that </span><a href="https://hbr.org/2022/06/the-power-of-healthy-relationships-at-work" target="_blank" title="Learn more"><span lang="EN-SG">prioritize such relationships</span></a><span lang="EN-SG"> benefit from greater employee engagement, higher retention, and enhanced productivity, among other positive effects.</span></p> <p><span lang="EN-SG">No wonder business leaders wax rhapsodic about the importance of healthy working relationships between managers and employees. But </span><a href="https://business.gmu.edu/news/2023-09/whats-worse-toxic-workplace-one-gaslights-employees" title="Learn more"><span lang="EN-SG">Rockmann's research</span></a><span lang="EN-SG"> shows that in most cases, such talk exists in inverse proportion to the amount of attention managers actually devote to relationships and relationship dynamics. In the battle for managerial bandwidth, relationships routinely lose out to more immediate bottom-line issues (e.g., whether the "work" is getting done).&nbsp;</span></p> <blockquote><p><span lang="EN-SG">“It’s a hard lesson to learn, but the job of the manager actually is to help </span><em><span lang="EN-SG">others&nbsp;</span></em><span lang="EN-SG">do their job: Select them, guide them, help them, train them, but ultimately let </span><em><span lang="EN-SG">them&nbsp;</span></em><span lang="EN-SG">thrive and achieve. Not easy for someone who has reached the pinnacle by doing things themselves.”&nbsp;</span></p> <p><span lang="EN-SG"><strong>— Kevin Rockmann, assistant dean for research, professor of management, and the CGI Corporate Partner Faculty Fellow at Costello College of Business at 911</strong></span></p> </blockquote> <p><span lang="EN-SG">“Most of what bosses say about their ‘collaborative’ and ‘close-knit’ corporate culture is a form of gaslighting. And employees know it, which serves only to alienate them. That’s a major reason why disenchantment and disengagement are running rampant in today’s organizations,” Rockmann says.</span></p> <p><span lang="EN-SG">In a recent executive development training involving a national fast-casual dining chain, Rockmann and his team took steps to address this. Participants were assigned to focus on the relational aspects of their job, intervene where necessary and document their results. Such outcomes not only were inspiring but also translate easily to any organization. “Giving systematic attention to relationships not only improved the interpersonal atmosphere in their units but also helped them personally and professionally in four main ways,” Rockmann says.&nbsp;</span></p> <p><span lang="EN-SG">#<strong>1 Deeper, higher-level conversations.</strong> As Rockmann tells it, concentrating on relationships changed the nature of the participants’ conversations at work. “Instead of seeing things purely from their own individual point of view, they gained a more all-around perspective based on the input of others,” he says. Managers asked first for thoughts and ideas regarding problem areas rather than punishing or criticizing. This elevated their awareness from a limited focus on what most directly affected them to a broader mindset encompassing more of their context and environment.</span></p> <p><span lang="EN-SG"><strong>#2 Less reactive decision-making.</strong> Relational attention separated stimulus from response, leading to less reactionary and more thoughtful responses during meetings and email exchanges. One regional manager was able to do this consistently with his people and found himself “not as angry” and that his people were taking greater ownership over their actions. As a result, decision-making became less knee-jerk, more deliberate, and ultimately more effective from a strategic standpoint.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span></p> <p><span lang="EN-SG"><strong>#3 Reinventing restrictive roles.</strong> The new orientation enabled participants to engage in more intentional “relational job crafting,” whereby they began to embrace unprecedented partnerships and collaborations. One of the participants in HR connected with another in IT during the program and started to plan out trainings they could build together. Being together in a learning environment created possibilities for these types of solutions, simply by virtue of paying attention to interdependencies between individuals and teams.</span></p> <p><span lang="EN-SG"><strong>#4 Escaping middle-manager entrapment.</strong> The participants were able to escape the trap that ensnares many a middle manager and prevents them from rising—namely, getting stuck playing caretaker or being the “answer man” for their teams. For example, one participant noted that her tendency was to solve problems right away, especially for other people. By relaxing this she was able to empower others in her team and grow </span><em><span lang="EN-SG">their&nbsp;</span></em><span lang="EN-SG">confidence. Forced to look outward and focus on how their teams were relating, they readily identified trusted and reliable team members who were natural candidates for greater responsibility. “This removed the sense of risk that often prevents managers from delegating day-to-day and, by extension, keeps them putting out fires instead of aiming higher. They moved from saying ‘fix things this way’ to asking ‘what do </span><em><span lang="EN-SG">you&nbsp;</span></em><span lang="EN-SG">think is the best way to address this issue?’, Rockmann says.</span></p> <p><span lang="EN-SG">While these individuals in the exercise were in the food industry, Rockmann believes the leadership lessons to be learned here are universal.</span></p> <p><span lang="EN-SG">Rockmann notes: “When managers take the focus off themselves and their own achievements so that they can pay close attention to others, they effectively step off the stage and enter the balcony. They remove themselves from the play and can see better what is going on around them. They become attuned and responsive to the complex relational environment and can confidently coach their people through it, ultimately bringing themselves, their teams, and their organization more success.”</span></p> </div> </div> </div> <div data-block-plugin-id="field_block:node:news_release:field_content_topics" class="block block-layout-builder block-field-blocknodenews-releasefield-content-topics"> <h2>Topics</h2> <div class="field field--name-field-content-topics field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/20986" hreflang="en">Costello Research Careers</a></div> <div class="field__item"><a href="/taxonomy/term/20896" hreflang="en">Costello Research Teams</a></div> <div class="field__item"><a href="/taxonomy/term/20966" hreflang="en">Costello Research Evaluating Performance</a></div> <div class="field__item"><a href="/taxonomy/term/21021" hreflang="en">ESG - Costello</a></div> <div class="field__item"><a href="/taxonomy/term/12501" hreflang="en">Costello College of Business News</a></div> <div class="field__item"><a href="/taxonomy/term/13796" hreflang="en">Costello College of Business Faculty Research</a></div> <div class="field__item"><a href="/taxonomy/term/13106" hreflang="en">Management Faculty Research</a></div> <div class="field__item"><a href="/taxonomy/term/21828" hreflang="en">Future of Work and Leadership - Costello</a></div> <div class="field__item"><a href="/taxonomy/term/271" hreflang="en">Research</a></div> </div> </div> </div> </div> <div class="layout__region region-second"> <div data-block-plugin-id="field_block:node:news_release:field_associated_people" class="block block-layout-builder block-field-blocknodenews-releasefield-associated-people"> <h2>In This Story</h2> <div class="field field--name-field-associated-people field--type-entity-reference field--label-visually_hidden"> <div class="field__label visually-hidden">People Mentioned in This Story</div> <div class="field__items"> <div class="field__item"><a href="/profiles/krockman" hreflang="en">Kevin Rockmann</a></div> </div> </div> </div> <div data-block-plugin-id="inline_block:call_to_action" data-inline-block-uuid="a1601d53-95b8-4c72-825f-d9f064483a78"> <div class="cta"> <a class="cta__link" href="https://business.gmu.edu/"> <p class="cta__title">Explore the Costello College of Business <i class="fas fa-arrow-circle-right"></i> </p> <span class="cta__icon"></span> </a> </div> </div> <div data-block-plugin-id="inline_block:call_to_action" data-inline-block-uuid="311ac8eb-bd44-4d5a-8b6c-e126b0b63f29"> <div class="cta"> <a class="cta__link" href="https://gmu.edu/research"> <p class="cta__title">Learn more about Research at 911 <i class="fas fa-arrow-circle-right"></i> </p> <span class="cta__icon"></span> </a> </div> </div> <div data-block-plugin-id="inline_block:text" data-inline-block-uuid="98424cfc-b7da-4c30-8100-48df0d321781" class="block block-layout-builder block-inline-blocktext"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>&nbsp;</p> <hr> </div> </div> <div data-block-plugin-id="inline_block:news_list" data-inline-block-uuid="38366d4a-0204-4571-9b72-50f143ecbab1" class="block block-layout-builder block-inline-blocknews-list"> <h2>Related Stories</h2> <div class="views-element-container"><div class="view view-news view-id-news view-display-id-block_1 js-view-dom-id-fc4ef33bc9ab5a0e52ddcbf350cc9582675b44c2197cc884260b5064b078ea87"> <div class="view-content"> <div class="news-list-wrapper"> <ul class="news-list"> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/george-mason-and-us-air-force-partner-rapidly-field-emerging-capabilities" hreflang="en">911 and U.S. Air Force partner to rapidly field emerging capabilities </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 18, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/power-showing-how-honors-college-student-built-career-seizing-every-opportunity" hreflang="en">The power of showing up: How this Honors College student built a career by seizing every opportunity </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 12, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/wrap-april-30-bov-meeting" hreflang="en">Wrap up for April 30 BOV meeting </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 11, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2026-05/costello-senior-good-business-win-win" hreflang="en">For this Costello senior, good business is a win-win</a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 7, 2026</div></div></li> <li class="news-item"><div class="views-field views-field-title"><span class="field-content"><a href="/news/2025-11/senior-year-works-create-opportunities-all" hreflang="en">Senior of the Year works to create opportunities for all </a></span></div><div class="views-field views-field-field-publish-date"><div class="field-content">May 7, 2026</div></div></li> </ul> </div> </div> </div> </div> </div> </div> </div> Wed, 29 Apr 2026 17:55:07 +0000 Katelynn C Hipolito 345851 at