Recently, a Stetson University Executive MBA graduate flipped his former role as student to that of a professor — at least, for a day.
On March 17, Russell Lowe (Stetson Executive MBA ’09) was a guest lecturer during a STAT500 class, Issues in Decision Science, at the Celebration campus. Dr. Betty Thorne had asked him to present; she had been his teacher during his MBA experience.
“I often use statistical methods, including regression analysis, to assist in making forecasts and estimates on future sales volume for my business unit,” said Lowe, who is regional sales vice president for Acuity Brands Lighting in Orlando. “During my lecture, I was able to share these real-world applications and methods to help Dr. Thorne’s students increase their identification of statistics information in a business context.”
“It was a great privilege to have Russell speak with my students,” said Thorne, professor of Decision and Information Sciences for Stetson University. “His analysis and interpretation of data made statistics come alive! Russ emphasized the value of a graph, looking for outliers, and recognizing variation and its possible causes.”
Students enjoyed the presentation, as well. “Russell demonstrated how statistics can take raw data such as orders placed and sales and turn this into a tool to forecast for future months and set goals for his team,” said student Philip Pilarz. “Russell used principles we have used in class, such as standard deviations and regression, to understand sales numbers across different regions as well as the relationship between variables to better understand what can be expected in time to come.
“Overall, it was very refreshing and encouraging knowing that the material we are taking our time to study can have real life practices in our future business careers, whatever they may be,” continued Pilarz.
Pilarz’s classmates Matthew Durak and Debra Gatlin echoed his sentiments, adding that Lowe’s visit was a great help and provided invaluable information.
“It was my pleasure to have Russ in class during his Executive MBA education at Stetson,” added Thorne. “As a professor, it is my joy to know that Russ is able to apply knowledge gained in his studies to his career. Thanks, Russ, for your willingness to return to Stetson to demonstrate applications of data analysis to our current students.”