Finance BBA students will be proficient in the quantitative formulas required in financial applications. This will prepare the student for a career in finance after graduation.
Objective
Core Financial Modeling Concepts
Finance BBA students will correctly apply financial models used in solving quantitative problems in finance.
Indicator
Quantitative Embedded Questions
Assessment will be made using embedded questions and assess student performance on core quantitative concepts and principles in finance. The core questions will be composed from the core modeling concepts addressed in each course. The embedded questions were created by collaboration of the finance faculty. FINC 4345 (Investments), FINC 4390 (Managerial Finance)
Criterion
Performance On Quantitative Embedded Questions
At least 50% of students will achieve correct solutions on at least 70% of embedded quantitative problems.
Finding
At Least 50% Of Students Will Achieve Correct Solutions On At Least 70% Of Embedded Quantitative Problems.
21 of 32 (65.6%) of FINC 4390 students achieved correct solutions on at least 70% of embedded quantitative problems. This exceeds the benchmark of 50% of students.
Action
Fall 2013 Actions
Faculty teaching Finance 4390 and Finance 4345 will record student performance on specific quantitative exercises to establish a baseline. This data will be used during Spring 2014 to trace performance per student on the same exercises, and to provide comparison information to relate to the same student's performance at the elementary level on similar requirements from Finance 3320.
Goal
Capable Business Decision Makers
The goal of the Finance program is to provide students with a broad base of knowledge in finance.
Objective
Core Qualitative Concepts And Principles
Finance BBA students will demonstrate an understanding of the qualitative aspects of finance.
Indicator
Qualitative Embedded Questions
Assessment will be made using embedded questions, analyzing the students performance on core qualitative concepts and principles of finance. The finance faculty collaborated on the selection of the questions to ensure that there is uniformity amongst the respective courses. FINC 4345 (Investments), FINC 4390 (Managerial Finance)
Criterion
Performance On Qualitative Embedded Questions
At least 50% of students will achieve correct answers on at least 70% of embedded qualitative questions.
Finding
At Least 50% Of Students Will Achieve Correct Answers On At Least 70% Of Embedded Qualitative Questions.
17 of 32 (53%) of FINC 4390 students achieved correct solutions on at least 70% of embedded qualitative questions. This marginally exceeds the benchmark of 50% of students.
Action
Fall 2013 Actions
Faculty teaching Finance 4390 and Finance 4345 will record student performance on specific qualitative exercises to establish a baseline. This data will be used during Spring 2014 to trace performance per student on the same exercises, and to provide comparison information to relate to the same student's performance at the elementary level on similar requirements from Finance 3320.
Goal
Finance Student Satisfaction
Finance students will be satisfied with the instruction that they receive.
Objective
Effective Instruction
Finance students will be satisfied with the level of instruction that they receive.
Indicator
Instruction Assessment - IDEA Form
Ratings and feedback of the Finance student as measured by the IDEA form.
Criterion
Comparison
Finance faculty will have an IDEA score average of 50% in at least one course taught.
Action
Review Of IDEA Scores Per Faculty
The facutly performance on IDEA results will be monitored by the department chair who will provide performance feedback to each individual faculty member teaching the Finance BBA courses. This will be an ongoing process, as part of the faculty member's annual evaluation.