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The Bolte School News

Dr. Patrice Flynn has recently published an article in Journal of Social Science Studies titled "Using an Autonomous Humanoid Robot as a Pedagogical Platform in the Business Classroom."

If you have ever taken a class with Dr. Flynn, which is something that I really recommend, you are familiar with PARO. A robotic seal that moves at the sound of voices and can adapt based on how it is treated.

The fascination with robots and robotics has been around for centuries and Hollywood has portrayed it even before it became fully possible. If you are interested in learning more about robotics it would be beneficial to you to read Dr. Flynn’s article on what has been going on in the world of artificial intelligence in connection with robotic engineering.

Paro Therepeutic robot
PARO, an advanced interactive robot developed by Japanese industrial automation agency AIST, is designed to look like soft white seal.

On Tuesday, Sept. 13, Mount St. Mary’s University’s 2016 Annual Accounting Evening took place in the upper concourse of the ARCC. The event, sponsored by the Career Center, was the first in a month-long series designed for accounting majors to explore and discover internships and post-graduation employment. Bolte School of Business sophomores, juniors, seniors and MBA students majoring in accounting were highly encouraged to attend, and many took advantage of the opportunity. The evening served as a premier event for students to network as they met with potential employers and discussed career options.

Accouting Evening 2016

This year’s event was the largest to date, with twenty-two employers in attendance. Firms as large as KPMG, LLP, employing over 162,000 people world-wide, to local firms such as Smith Elliot Kearns & Company, LLC with a total staff of 150, sent representatives to recruit students. Over seventy employees attended with their respective firms, twenty-three of which were Mount alumni. Senior EJ Sullivan was in attendance as a representative of Kearney & Company, a CPA firm based out of Alexandria, VA that provides accounting, audit and information technology services executively to the Federal Government. EJ interned with the firm this past summer and has accepted a post-graduation employment offer. EJ connected with Kearney & Company at last year’s Accounting Evening.

The Mount’s Accounting Evening has continually proven to be a successful event, for not only the students, but the employers who return each year. Senior Michael Madura reflects on his experience. “Like any Career Fair, this one is a little nerve-wracking, however it’s great to be here and network with all the firms. An event like this is a great experience. I am definitely happy to be a part of it and I am excited for what the future brings!” Bolte School of Business accounting students continue to pursue opportunities offered by the Career Center as they explore and discover options for their future after the Mount.

"Under the influence of methodological abstraction, consciousness and freedom evaporate."
-Henri De Lubac
"The radical detachment of the Enlightenment philosophy from its roots ultimately leads it to dispense with man. The spokesmen of the natural sciences tell us that man basically does not possess any liberty—in total contradiction of the starting point of the whole question."
- Cardinal Ratzinger.

BB&T Center LogoBy its nature, a Catholic university explores the world through basic assumptions about human existence, particularly that we have some capacity for free and creative action, on the basis of reasoned understanding of eternal and universal ideals that can actually exist, and that civil society serves a crucial function in guiding the development of those capacities, and in passing on those ideas by which people act and shape their lives. How do we deal with such challenges in the quotations above, address them in our courses?
The foundation of the BB&T Center at Mount St. Mary’s University is to recognize that we cannot avoid making such assumptions about human nature and human capacity in either our social theory or in our moral reflection about economic phenomena.
We have designed a free workshop for Catholic high school teachers to provide an opportunity to explore those connections, resources to assist them in bringing them into their courses in practical and accessible ways, and a framework for connecting these themes with other courses.


Please consider joining the BB&T Center at Mount St. Mary's University June 15, 2016 from 9 a.m. - 4 p.m. for this free seminar.

Seminar Details

When:       Wednesday, June 15. 9 a.m.–4p.m.
Where:      Mount St. Mary’s University; Emmitsburg, Md.
Who:         Teachers and Administrators in Catholic High Schools
Cost:         Free, Includes Lunch

* The first 7 people to register will receive a $300 stipend for attendance *

Workshop Facilitators:

Facilitators will include both Mount St. Mary’s faculty, and teachers currently at Catholic high schools. Confirmed facilitators/presenters:

Philip Bauchan 

Philosophy, Religious Studies - Delbarton School, NJ

Alejandro Canadas

Associate Professor of Economics - Mount St. Mary’s University

Leyton Field

Assistant Professor of Sociology -  Mount St. Mary’s University

John Larrivee

Associate Professor of Economics & Director, BB&T Center for the Study of the Moral Foundations of Capitalism - Mount St. Mary's University

Contact Information

Email: or
Phone: (301) 447-5396

Rick Keller, an MPAS student here at the Mount, presented a paper at the Southeast Decision Sciences Institute (SEDSI) undergraduate student research paper competition held in Williamsburg, VA on February 19, 2016.  Rick won first place in the competition, really making the Richard J. Bolte School of Business proud. 

Rick Keller

Competing in the SEDSI undergraduate student research paper competition is a rigorous process.  Rick had to first submit his research paper through a double-blind review process where the reviewers, faculty members and the student’s identity is concealed. In addition to the review process, Rick had to make an oral presentation of his work at the conference.

One of the books used in the Operations and Supply Chain Management class is “The Goal” by Eliyahu Goldratt.  The concepts highlighted in this narrative driven book are applied in the context of a manufacturing  plant.  Rick adopted several concepts from “The Goal” and applied them to his real-estate business.  The challenging part of this research problem was being able to clearly delineate between the two contexts: processes in the manufacturing context and the real estate process.  For example, process times are typically known and constant; however, in the real estate business, the process times for each stage is different for each buyer. 

In his presentation, Rick was able to clearly show how the unique context of the real estate business required modifications to some of the original concepts. By making these adaptations, Rick was able to show marked improvement in his volume processing capacities, his bottom-line, and more importantly the additional available time that he now uses to spend time with his lovely family.Group

SEDSI is the southern member of the Decision Sciences Institute, a professional organization of academicians and practitioners interested in the application of quantitative and behavioral methods to the problems of society.


The Mount’s Federal Reserve Challenge team successfully competed completed against Loyola University, University of Maryland Eastern Shore, Towson University, McDaniel College, and America University and won the first round of the competition on October 30th.  The Mount’s team is now getting ready for the semi-finals November 20th at the Federal Reserve District Bank in Richmond.  If they win they will go on to the nationals on December 2nd at the Federal Reserve Board of Governors building in Washington, D.C.

Fed Challenge TeamThroughout the competition teams make presentations to a panel of monetary economists on their views of the current economy and recommendations for whether the Federal Reserve should target an increase in the federal funds interest rate. The Mount team’ presentation at Towson was crisp, lively, and well-articulated. The judges were also impressed by the way the team handled the question-and-answer section.

Captain Josh Donofry C’16 had this to say about his experience in Fed Challenge, “Ben Bristor C'16 and I have been on the Fed Challenge for past four years and we embraced the idea that we do not represent just ourselves, but also Mount St. Mary's and the Bolte School of Business.  Although we had come close winning in the past couple years, we were tired of just ‘coming close.’ We tried to make our presentation comprehensive while also bringing some levity to the ‘dismal science.’ We have always received an exceptional amount of support from everyone in the School of Business and we're extremely happy that we could put together a winning performance.”

We have a fabulous team this year:

Benjamin Bristor C’16 (co-captain, presenter)
Joshua Donofry C’16 (co-captain, presenter)
Sean Dailey C’17 (presenter)
Richard Grim C’17 (presenter)
Ryan McNeil C’17 (presenter)
Stephen Witkowski C’16 (presenter)

Captain Benjamin Bristor said that while the team they have this year is great they couldn't have done it without previous classes laying the groundwork for what the Fed Challenge team is today. Ben gave special recognition stating, "I’ve met and worked with a lot of fantastic people in my time here, starting in freshman year with people like Tyler Jones C'13, Mark Quaranta C'13, Brian Baldini C'13, Brandon Ziza C'13, and Tyler Giles C'15 and every year since then.  The one person, though, who has really been a blessing to be able to share this with is Josh Donofry, who every time we do this comes in with a completely unique and irreplaceable way of looking at the subject.  The School of Business and the Mount have always done their best to support the team, and we really do appreciate what they do."

If you see them in about campus be sure to congratulate them on a fantastic job!

Prof. Hoffman joined Mount St. Mary’s Richard J. Bolte School of Business as a full time faculty member in fall 2015. He has prior teaching experience as an adjunct professor at various colleges and universities including University of Maryland, Strayer University, and Montgomery College. He is also a frequent speaker, lecturer and instructor for professional and industry organizations and conferences.  

Prof. Hoffman’s research and writings focus on forensic accounting and fraud investigation matters. He is currently writing a book Larry Hoffmanentitled Trust is Not an Internal Control, A Small Business Guide to Preventing Fraud and expects its publication in 2016. He has also authored numerous articles and other resource materials on forensic accounting including in the areas of fraud investigation, prevention, and detection.

Prof. Hoffman is a practicing CPA with a specialization in forensic accounting and fraud examination. He has been involved in numerous high-profile cases as a consulting and testifying expert. He has performed forensic accounting services for governmental entities, public and private companies, nonprofits and individuals for over 30 years. He has performed forensic services in support of litigation and claims for lost earnings and profits, business interruption, shareholder disputes, intellectual property infringement, bankruptcy and restructuring and structural settlements; assistance with interrogatories, document requests and depositions; and serving as an expert witness. He has conducted and led teams of forensic accountants on fraud investigations ranging from small family-owned businesses to large governmental organizations with losses of over $500 million. He has performed and supervised valuations for individuals, estates and public and closely held companies in numerous industries. He has also assisted companies and nonprofits with restructuring and turnaround situations, including recapitalizations, reorganizations and liquidations.

Prof. Hoffman is a CPA licensed in the Commonwealth of Virginia. He is also a Certified Fraud Examiner (CFE), Certified in Financial Forensics (CFF) by the AICPA, a Certified Valuation Analyst (CVA), holds the Chartered Global Management Accountant (CGMA) designation from the AICPA, Certified in the Reid Technique of Interviews and Interrogations, and a Private Investigator (PI) licensed by the Virginia Department of Criminal Justice Services.

On November 5 Mount St. Mary’s University hosted its 21st annual Corporate Social Responsibility Symposium.  The event entitled The Ethics & Economy of Healthcare in America, centered on the issues facing the state of the United States healthcare system today, what direction it is headed and our own concerns and reservations the American people have regarding such moves.  The panel featured Richard P. Kidwell C’76, Richard P. Miller C’74 and William J. Ward Jr. C’65 esteemed members of the healthcare industry in their own areas.  The panel was led by moderator Gracelyn A. McDermott C’93 who is the Vice President of Accrediting and Client Services for URAC.  

After opening remarks by Karl Einolf, dean of the Richard J. Bolte School of Business the panel began discussions surrounding methods to achieve health equity, improvement of the healthcare experience and how health economics and ethical issues interact.  Richard P. Kidwell C’76 who is the Senior Associate Counsel/ Vice President of Risk Management at the University of Pittsburgh Medical Center began the discussion addressing medical malpractice in the healthcare industry and how you can respond appropriately and professionally.  The second panelist to address the crowd was Richard P. Miller C’74 who is the president and CEO of Virtua, a non-profit healthcare system in the southern New Jersey area that specializes in hospice and end of life care.  One of the main points from Miller was the importance of human dignity in the end of life care process.  William Ward Jr. closed with comments regarding the supply and demand cycle of healthcare.  Ward argued that as the government attempts to limit healthcare choices the public will no longer have the choice that consumers have been fortunate to have over the years.  

The event overall was well received by a crowd of about 140 as students and faculty engaged in their own concerns regarding the state of healthcare in America.  The event is sponsored by the Richard J. Bolte Sr. School of Business and the BB&T Center for the Study of the Moral Foundations of Capitalism.

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