Category Archives: Business Administration

School of Management Awards $28,000 in Scholarships

Throughout the course of the University’s history, the School of Management has forged partnerships with a number of community colleges across the state of Michigan to provide an easier transition for their students when transferring to the University of Michigan-Flint in pursuit of a BBA degree.

The School of Management is proud to provide financial support to the highest achieving students from our partner schools. We are pleased to announce that 14 top transfer students from eight community colleges around the state of Michigan were awarded BBA Transfer Scholarships worth $28,000 for the 2015-2016 academic year.

The School of Management proudly welcomes these outstanding undergraduate students who bring an average GPA of 3.63 and average accumulated credits of 47.

SOM Alumna Michelle Goff Named CFO of the Year

The School of Management congratulates alumna Michelle Goff, BBA ’83, the CFO and senior vice president of R.L. Polk & Co., for being awarded CFO of the Year – large private company by Crain’s Detroit Business.

Goff received her BBA from UM-Flint in 1983 before continuing her education on the Ann Arbor campus. Since receiving her MBA in 1986, she has held a number of senior finance positions for large companies.

In her role as CFO and senior vice president of R.L. Polk & Co., Michelle Goff oversees more than 70 employees and a $19 million dollar budget. Her team is responsible for mapping out the future of the company’s financial operations, including risk-management, securities, real estate, insurance, taxes, accounting, assets, banking, credit, and treasury activities.

The Crain’s Detroit Business decision to award Goff the CFO of the Year recognition stems largely from insights she provided Polk in 2009, and the leadership role she flourished in when actions were taken based on those same insights.

In 2007, R.L. Polk & Co. invested an undisclosed sum to acquire a substantial stake in RoadToData, a Swiss automotive price and specifications data supplier with operations in 10 countries. Soon after the acquisition, Polk found itself dumping cash into RoadToData when the auto industry nearly collapsed during the economic recession. With profitability projections sliding into the distant future, Goff and other senior executives called for divestiture and a refocus on Polk’s core operations.

Although there were a variety of viewpoints amongst Polk leadership team on which direction was the best option for the future, the difficult decision was made, and Goff was called on to conduct the financial and legal aspects of the RoadToData closure in 2009. “It was a great decision in hindsight,” said Goff, as Polk’s profitability from core operations increased 31 percent between 2009 and 2013, and projects to perform even higher in 2014.

R.L. Polk & Co. assembles comprehensive automotive sales and forecasting data. The company also provides vehicle recall services for auto manufacturers, presents annual awards and has a diversity marketing services arm. In 2012, Polk generated $401 million in revenue.

Michelle Tolin, BBA Alumn, Receives Scholarship Award

Michelle Tolin, a BBA alumn was presented with the Detroit Chapter of the Institute of Internal Auditors Scholarship Award. Qualified candidates submitted a three-page essay on the following topic: Discuss the benefits of using social media in the internal audit process and provide specific examples.

Michelle is the first student from U-M Flint to submit an essay. Michelle received a bachelor’s degree in business administration with a concentration in Accounting and a GPA of 3.81. She is the national reporter for Beta Alpha Psi and will be the incoming Treasurer. She is also a member of Beta Gamma Sigma. She also volunteered with VITA and various food banks.