Economics Newsletter Spring 2009

Greetings alumni and friends,

Welcome to the 3rd edition of the department’s newsletter. We trust you will enjoy reading about the exciting things we are doing. Just click on the topic headings for the full story.

With warm regards,

Floyd H. Duncan, Col.
Department Chairman


AACSB Accreditation
Accreditation by AACSB—International, the Association to Advance Collegiate Schools of Business, continues to be a major focus of the economics and business faculty.

The Major Field Test in Business
Though not up to our usual standards, the Class of 2009 performed well on the Educational Testing Service’s Major Field Test—Business (MFTB).

Col. Husted Retires
Col. Stewart Husted, professor of marketing, retires from VMI.

New Hire - Col. Scarpaci
Dr. Joseph Scarpaci will be joining the faculty in the Fall.   

Faculty Research
Our faculty have been hard at work publishing research in academic journals as well as presenting their research at various conferences around the country and the world.

Over the past academic year, our cadets were fortunate enough to hear from several speakers both from academia and business.

Cadet Research
The VMI Undergraduate Research Initiative (URI) was established by directive of the Dean of Faculty to more fully integrate student scholarly inquiry into the VMI experience.

The Cadet Investment Group
The Cadet Investment Group (CIG) was founded in 1986 by the VMI Foundation.  The group’s mission is to learn about investing.  To do this, members serve as investment analysts and portfolio managers.

Cadet Internships
In the summer of 2009, five cadets participated in the inaugural summer of the department’s “internship for credit” program. 

SBD and ODE Activity
The Sigma Beta Delta, the Honor Society for Business and Omicron Delta Economics Honor Society were quite active this past year thanks to the leadership provided by Cadets Thompson and Johnston.

Cadet Awards
The Annual ODE Banquet to honor our top cadets was held on April 8th

Alumni Survey
Calling all members of the Classes of 1994 and 2004. 

Stay Connected to ECBU 
Please let us know what you've been up to by emailing us at If you are interested in hosting a field trip, accepting an intern, speaking to our cadets or helping out in any way at all, just let us know. Even if you have nothing to report, send an email to let us know that you want to be on our email list.