UTSA College of Business Newsletter
August 12, 2014
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New Department Chairs
New Leadership Chosen for College Departments

Two new department chairmen have been named in the UTSA College of Business. Melody Lo, associate professor of economics, will lead the Department of Economics. Suman Basuroy, professor of marketing, will lead the Department of Marketing. “I’m eager to take on this challenge,” said Lo. “The field of economics has evolved over time, and it is time for our department to embrace change as well.” Basuroy is eager to speak with employers and find out what skills they need from our graduate and undergraduate students. “Marketing is external facing,” he said. “I want our department to work with the community on real-life projects.” In addition he would like to review the academic offerings and possibly create some specialty areas based on the external feedback.
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Business Plan graphic
CITE Receives $300,000 from 80/20 Foundation

The UTSA Center for Innovation and Technology Entrepreneurship (CITE) has received $300,000 from the 80/20 Foundation to continue its growth as San Antonio's pipeline for young tech entrepreneurs. On the heels of becoming the first Texas university to receive distinction as a National Science Foundation Innovation Corps Site, UTSA's focus on technology entrepreneurship is about to expand even further. "UTSA's entrepreneurship program has been the best kept secret in San Antonio for many years," said Lorenzo Gomez III, executive director of the 80/20 Foundation. "It is these students that will end up creating the next Rackspace and we hope that with our partnership we can accelerate and expand their great momentum."
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Robert Flores
Infrastructure Assurance Student Prepared for Success in Cyber Security

Robert Flores’ interest in computers began when he was a child. “I’ve always liked computers ever since I was young,” said Flores, a junior majoring in infrastructure assurance in the College of Business. Flores maintained this interest and in his junior year of high school was given the chance to take college-level computer science courses through the Alamo Colleges Information Technology and Security Academy in San Antonio. While studying there, he participated in and won the CyberPatriot competition. Studying at the No. 1 cyber security program in the nation, Flores has become interested in the hot topic of net neutrality (making Internet access affordable and not allowing providers to censor information online).
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Medicare graphic
Business of Health Faculty Member Reflects on Creation of Medicare

Thanks to President Johnson, a rite of passage upon turning 65 has become enrolling in Medicare. Medicare was signed into law on July 30, 1965 and celebrated its 49th anniversary in July. “Prior to Medicare, it was generally a pay as you go system,” said Dana Forgione, the Janey S. Briscoe Endowed Chair in the Business of Health in the UTSA College of Business.  “Medicare payment was originally based on cost reimbursement, so costs rose under the system." According to Forgione, when Medicare began eight workers supported each retiree, now there are five workers per retiree.  In the future when the baby boomers begin retiring, there will only be 2.3 workers supporting every retiree.
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