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Scott Schaefer to Speak at Dean’s Convocation

Huntsman Presidential Visiting Professor of Economics and Finance to Speak at Event Nov. 7

Editor's Note: The following is a press release issued by the Jon M. Huntsman School of Business. 

LOGAN, UT — An economics professor, Scott Schaefer, who decided to leave his academic “ivory tower” to test out the things he was teaching MBA students at Northwestern University, plans to talk about what he discovered on a road trip across the country when he speaks at a Utah State University Jon M. Huntsman School of Business Dean’s Convocation Nov. 7.

Schaefer, who is a Jon M. Huntsman Presidential Visiting Professor, will be speaking about a book he is writing with two other professors called “The Roadside MBA: Strategy for Small Business,” at 11:30 a.m. in the auditorium of the George S. Eccles Business Building, (Room 215). The convocation is free and open to the public.

Schaefer and two other professors at the Kellogg School of Management at Northwestern University, Michael Mazzeo and Paul Oyer, took the unusual road trip while they were teaching MBA students at Northwestern University in the 1990s. Mazzeo continues to teach at Northwestern, while Oyer is now at Stanford University.

Schaefer now holds the Kendall D. Garff Chair in Business Administration and is a professor of finance at the University of Utah’s David Eccles School of Business. In his role at Utah State University this academic year he is teaching undergraduate managerial economics and leading several seminars for faculty and students.

“We were frustrated by the tendency for the latest economic research to be locked inside the academy,” Schaefer said. “We decided we wanted to ‘road test’ the things we were teaching MBA students by criss-crossing the United States, as we interviewed owners and managers of small business.”

In 2009, Utah philanthropist Jon M. Huntsman announced he would fund two presidential chairs at the Huntsman School of Business. Well-known author, consultant and professor, Stephen R. Covey became the first Jon M. Huntsman Presidential Chair in Leadership in February 2010 and until his death in July of 2012, he served in that role as a research professor. The other position, which Schaefer will assume, has been filled with a series of visiting professors, all considered to be leaders in their area of expertise.

Schaefer is a professor who is recognized for his research in employment relationships and how managers can get the right teams in place to move their organizations forward. He has also written extensively on executive compensation, the use of stock options in compensation, and the labor market effects of employment protections such as the Civil Rights Act of 1991, as well as the labor market for attorneys.

Schaefer graduated from the Stanford Graduate School of Business in 1995 with a doctorate in economic analysis and policy. He also holds a bachelor’s from Stanford University and graduated as a double major in economics and mathematical and computational sciences.

Schaefer joined the David Eccles School faculty at the University of Utah in 2005, and served as associate dean for academic affairs from 2009 to 2012. He had previously spent ten years on the faculty of the Kellogg School of Management at Northwestern University.


The Huntsman School of Business at Utah State University seeks to inspire and equip students to become innovative, ethical leaders with refined analytical skills that will help them understand and succeed in the global marketplace. The Huntsman School of Business is one of eight colleges at USU, located in northern Utah. More information on the Jon M. Huntsman School of Business may be found on the web (www.huntsman.usu.edu).