Saint Martin's University College of Business, Engineering, and Technology

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Dr. Prashant Joshi, Associate Professor of Finance, recently published an article on his blog, "Finance, Decoded," exami...
06/02/2026

Dr. Prashant Joshi, Associate Professor of Finance, recently published an article on his blog, "Finance, Decoded," examining the limitations of the traditional “bell curve” assumption in stock market analysis. Drawing on S&P 500 daily return data, Dr. Joshi demonstrates that financial markets exhibit fat tails, negative skewness, and volatility clustering, meaning that extreme market gains and losses occur much more frequently than standard risk models predict. While the normal distribution may adequately describe average trading days, it significantly understates the probability and impact of major market events, particularly severe downturns. His analysis finds that alternative models, such as the Student’s t-distribution and Generalized Error Distribution (GED), provide a more realistic representation of market behavior by accounting for heavier tails. The article further highlights how reliance on normal-distribution assumptions can lead investors to underestimate drawdown risk, take on excessive leverage, and be unprepared for market crises such as the 2020 COVID-19 downturn. Dr. Joshi concludes by encouraging investors to adopt a more robust, tail-aware approach to risk management through the use of measures such as Expected Shortfall (ES), rigorous stress testing, prudent position sizing, and adequate liquidity reserves to better withstand rare but consequential market shocks. The article can be accessed at
https://joshiprash.blogspot.com/2026/03/the-stock-market-isnt-bell-curve-and.html?m=0

The School of Business held its annual Delta Mu Delta International Honor Society Induction Ceremony and Distinguished S...
05/19/2026

The School of Business held its annual Delta Mu Delta International Honor Society Induction Ceremony and Distinguished Student Awards Celebration on May 8, 2026, recognizing outstanding undergraduate and MBA students for their academic achievement, leadership, professionalism, and service. During the ceremony, high-achieving business students were inducted into Delta Mu Delta, an international honor society that honors excellence in business education and scholarship. The event also recognized recipients of the Distinguished Undergraduate Student Award and Distinguished MBA Student Award for their exceptional accomplishments and contributions to the School of Business community. Following the ceremony, students, faculty, staff, families, and guests gathered for a graduation picnic to celebrate the graduating class and their future success.

The 48th Order of the Engineer Ceremony was held on May 8, 2026, at the Norman Worthington Conference Center (NWCC) at S...
05/18/2026

The 48th Order of the Engineer Ceremony was held on May 8, 2026, at the Norman Worthington Conference Center (NWCC) at Saint Martin’s University. The ceremony recognized and celebrated engineering students and graduates as they formally accepted the ethical responsibilities and professional obligations of the engineering profession.
Engineering Advisory Board (EAB) Chair Mr. Ziegler, P.E., presented the Engineer’s Rings to the inductees, symbolizing their commitment to integrity, public service, and professional excellence in the field of engineering. EAB member Mr. Harmon, P.E., delivered remarks on the history, significance, and traditions of the Order of the Engineer and led the inductees in reciting the Engineer’s Oath.
The ceremony served as a meaningful milestone for the inductees as they joined generations of engineers dedicated to upholding the highest standards of ethics, professionalism, and service to society.

Each semester, Saint Martin’s University undergraduate business students participate in a highly competitive worldwide b...
05/17/2026

Each semester, Saint Martin’s University undergraduate business students participate in a highly competitive worldwide business strategy simulation that challenges them to apply knowledge of strategic management, leadership, finance, marketing, and operations in a dynamic global marketplace. During the 2025–2026 academic year, the Business Strategy Game (Glo-Bus) included more than 3,200 teams representing 421 campuses across 30 countries, with over 38,500 students participating worldwide. Teams were evaluated based on four major performance measures: Overall Score, Earnings Per Share, Return on Average Equity, and Stock Price.
During the Spring 2026 semester, the BA 499 student team — consisting of Ryan Doidge, Lolmei Uong, and Jane Lee — earned exceptional international recognition by achieving a Global Top 100 ranking in multiple categories at the conclusion of the business simulation competition. Through outstanding strategic decision-making, teamwork, and business leadership, the team ranked 41st worldwide in Earnings Per Share (EPS) performance and 48th worldwide in Stock Price performance.
These remarkable accomplishments demonstrate the talent, dedication, analytical capability, and competitive excellence of Saint Martin’s University business students as they successfully compete against teams from leading business schools around the world.

Saint Martin’s University celebrated its 2026 Commencement Ceremony on May 9, honoring graduates who earned doctoral, ma...
05/16/2026

Saint Martin’s University celebrated its 2026 Commencement Ceremony on May 9, honoring graduates who earned doctoral, master’s, and bachelor’s degrees from the College of Business, Engineering, and Technology (CBET), the College of Arts, Sciences, and Education (CASE), and the School of Health and Allied Health (SHAH). The ceremony marked an important milestone for students, families, faculty, and staff as the university community gathered to recognize the academic accomplishments, perseverance, and future aspirations of the graduating class.
A special highlight of the commencement ceremony was the conferral of the honorary degree, Doctor of Humane Letters, honoris causa, upon Bishop Michael F. Olson, S.T.D., bishop of the Diocese of Fort Worth, Texas. The honorary degree recognizes individuals who have demonstrated distinguished achievements, exceptional leadership, and meaningful service to society. By awarding this honor, Saint Martin’s University acknowledged Bishop Olson’s significant contributions to faith, education, leadership, and community service.

Master of Science in Mechanical Engineering candidate Mr. Abdul Wahab presented his thesis, “Influence of Crack Geometry...
05/08/2026

Master of Science in Mechanical Engineering candidate Mr. Abdul Wahab presented his thesis, “Influence of Crack Geometry on the Fracture Behavior of Composite Single-Edge Notched Specimens under Three-Point Bending: A Finite Element Analysis,” on May 4 under the supervision of Mechanical Engineering faculty Dr. Shahlaa Al Wakeel. His research examined how different crack geometries affect the fracture behavior of composite materials commonly used in aerospace, automotive, and structural engineering applications due to their high strength-to-weight ratio. Using finite element modeling in ANSYS within the framework of Linear Elastic Fracture Mechanics (LEFM) and following ASTM E399 standards, the study analyzed stress distribution and crack-tip behavior in composite Single Edge Notch Bend (SENB) specimens subjected to three-point bending. The findings demonstrated that crack geometry plays a critical role in fracture response by influencing stress concentration, distribution, crack initiation, and propagation, providing valuable insights for improving the design, reliability, and performance of composite structures under bending loads.

The School of Business faculty and staff gathered to bid farewell to Professor Suzanne Chaille, who is retiring after 17...
05/08/2026

The School of Business faculty and staff gathered to bid farewell to Professor Suzanne Chaille, who is retiring after 17 years of outstanding service and contributions to Saint Martin’s University and the local community. Through her leadership of the Volunteer Income Tax Assistance (VITA) program, Prof. Chaille helped countless middle- and low-income families prepare and file their federal tax returns. She has also been an exceptional accounting professor and mentor whose impact on students and colleagues will be long remembered. The School also warmly welcomed Dr. Tim Madeley back to the School of Business as Professor of Accounting following his retirement from his role as Chief Financial Officer of Saint Martin’s University. In addition, the School celebrated Executive Assistant Hunter Smith, recipient of this year’s Distinguished MBA Award, and graduated from our excellent MBA program this semester. Faculty and staff also discussed summer initiatives and preparations for the upcoming Fall 2026 semester.

The 2026 Doctoral Colloquium at Saint Martin’s University was held on May 5th, bringing together faculty, staff, family ...
05/07/2026

The 2026 Doctoral Colloquium at Saint Martin’s University was held on May 5th, bringing together faculty, staff, family members, and guests to celebrate the achievements of newly minted Ph.D. graduates. During the event, doctoral candidates presented their dissertation topics and received warm congratulations and encouragement from the university community. The colloquium was organized by Dr. Jackie Clark, Director of the Ph.D. in Leadership Studies Program, and Dr. Keri Graham, Assistant Director of the program. University leadership, including President Dr. Brownsberger, Provost Dr. Olwell, Board of Trustees Chair Mr. Armour, Dean Dr. Chavez, and Dean Dr. Lee, also participated in this wonderful celebration of scholarship, leadership, and academic accomplishment.

In addition to serving as a conference session speaker, Dean Dr. Lee also contributed as a reviewer for the 7th Internat...
05/06/2026

In addition to serving as a conference session speaker, Dean Dr. Lee also contributed as a reviewer for the 7th International Conference on Technology Driven Innovation and Sustainable Business Practices (ICTDISBP 2026), held in February 2026. The conference was organized by the Institute of Management Studies, Ghaziabad (University Courses Campus) and sponsored by the Indian Council of Social Science Research (ICSSR).

Civil Engineering master’s student Mr. Luis Madora-Rivas presented his thesis, “Life Cycle Assessment of Prestressed Con...
05/05/2026

Civil Engineering master’s student Mr. Luis Madora-Rivas presented his thesis, “Life Cycle Assessment of Prestressed Concrete and Steel Bridge Superstructures: A Case Study,” on May 5th. Dr. Jill Walsh is his thesis advisor, and the study evaluates the environmental impacts of bridge material choices in alignment with Washington State’s greenhouse gas reduction goals, using a cradle-to-grave life cycle assessment based on ISO standards. Comparing representative prestressed concrete and steel bridges over a 75-year service life, he found that although concrete bridges have slightly higher emissions during production, steel bridges generate greater overall environmental impact due to maintenance demands, resulting in a 13.6% higher total global warming potential. His research offers valuable insights for sustainable bridge design and material selection.

Address

5000 Abbey Way SE
Lacey, WA
98503

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+13604384512

Website

http://www.stmartin.edu/

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