Promote The Development And Maintenance Of Quality Academic Programs
In support of the University's and College's missions, the Department will develop and maintain quality academic programs.
Objective
Expand Online Course Offerings
To meet student needs and demands for a variety of course options, particularly the online BBA degree in General Business Administration and the online MBA program, the department will continue to expand the number and frequency of online course offerings by departmental faculty.
KPI
Expand Online Course Offerings
The department will continue to expand the number and frequency of courses offered through distance (online) education.
Result
Expand Online Course Offerings
49 unique sections of online courses were offered during the year, 39 undergraduate, 10 graduate. The 39 undergraduate sections were comprised of 13 different undergraduate courses, one of which, FINC 4345, was offered for the first time in an online format. The 10 graduate sections were comprised of 5 different graduate courses.
Action
Expanded Online Course Offerings
The department will continue to support the online BBA and MBA degrees by offering more sections of existing online courses as well as developing additonal courses.
Objective
Support The Growth Of The BBA Degree In General Business Administration Day Program At The Woodlands Center
To meet student demand and assist with the College's commitment to offering the BBA degree in General Business Administration daytimes at the Woodlands Center, the department will add elective courses to its scheduling of classes at TWC.
KPI
Expand Course Offerings In Support Of BBA Degree In General Business Administration Daytimes At The Woodlands
Expand number of upper-level (i.e., COBA) courses to support the BBA in General Business Administration degree offered daytimes at the Woodlands Center
Result
Course Offerings Daytimes At The Woodlands Center
Five courses (BUAD 3335, BUAD 3355, BUAD 3360, FINC 3310, and FINC 3320) were offered daytimes at TWC, the same number as the previous year.
Action
Expanded TWC Daytime Course Offerings
Discussions among the College Leadership Team led to an agreement to increase the frequency with which courses required for the BBA in General Business would be offered as well as the offering of new elective courses, whenever feasible.
Objective
Conclude Formal Reviews Of Degree Programs Housed In The Department
The department will conclude program reviews of the BBA in Banking and Financial Institutions degree and BBA in Finance degrees.
KPI
Complete Initial Examination Of Degree Programs
The department will complete initial reviews of the BBA in Banking and Financial Institutions, BBA in Entrepreneurship, BBA in Finance, and BBA in General Business degree programs.
Result
Hiring Of New Faculty
The department successfully filed the new position in Business Communication by hiring Dr. Ashly Smith. The department also successfully filled the new position in Finance by hiring Dr. Karen Sherrill.
Action
Formal Review Of Degree Programs
The formal review of the BBA in Banking and Financial Institutions and BBA in Finance degree were concluded which included several recommendations for changes to undergo immediately as well as those to be implemented in the future.
Goal
Support The Recruitment And Retention Of A Productive, High-Quality Faculty
The most valuable asset for an academic department is its faculty. The faculty are responsible for the creation and delivery of quality academic programs, the creation of new knowledge as well as other intellectual contributions, and for providing service as it relates to shared governance and serving students, the academy, employers and the community. As such, it is vital that the department recruits and retains a high quality faculty.
Objective
Recruit New Highly-Qualified Faculty
The department will conduct national searches for new faculty members in business communications and finance.
KPI
Complete Faculty Searches
Following national searches, the department will hire a new tenure-track faculty member in Business Communication and in FInance.
Action
Hiring Qualified Faculty
The department will continue to search for qualified faculty to fill any new lines as well as when replacing existing faculty. One member is expected to retire in 2015 and another in 2016.
Objective
Expectations For Teaching, Research, And Service
The faculty will meet or excee expectations in teaching, research, and service commensurate with the mission and goals of the College of Business Administration and Department of General Business and Finance.
KPI
Effective Teachers
The university, college, and department utilize the IDEA System as part of its evaluation of classroom performance. The IDEA System, developed by the IDEA Center at Kansas State University, is a nationally normed, validated and reliable measure of classroom performance based on up to 12 learning objectives. The IDEA scores are a major portion of the department's Faculty Evaluation System (FES) as it relates to classroom performance. The percentage of effective teachers as defined and measured using IDEA and FES will provide data as to the quality of instruction within the Department of General Business and Finance.
1. Eighty percent (80%) of all faculty in the department will meet or surpass the departmentally-set minimum IDEA score of 45 on the Discipline Weighted Average. 2. Eighty percent (80%) of all faculty in the department will meet or surpass the departmentally-set minimum score for the average of FES 1 and 2. Consistent with the department's post-tenure review process this average score must be 2.5 or above.
Result
Effective Teachers
91.3% (21 of 23) of the tenured/tenure-track faculty had average IDEA scores of 45.0 or greater. In addition, all 13 of the adjunct faculty members had average scores exceeding 45.0.
91.3% (21 of 23) of the tenured/tenure-track faculty had average FES 1 and 2 scores of 2.5 or greater.
KPI
Effective Researchers
In support of the College's accreditation by AACSB International, the Department of General Business and Finance expects sustained research output from the faculty. The department uses the Faculty Evaluation System (FES) Form 3 to document the publications and other intellectual contributions of the faculty. The percentage of effective researchers defined and measured using FES 3 will provide information about the quantity and quality of intellectual contributions provided by the department's faculty.
1. Ninety percent (90%) of all Scholarly-Academic eligible faculty, based on the College's self-defined standard for AASCB International accreditation purposes of Scholary Academics (SA), Scholarly Practioners (SP), Practice Academics (PA), and Instructional Practioners (IP) in the department will meet or surpass the departmentally-set minimum FES 3 score of 2.5.
Result
Effective Researchers
91.3% of all Academically Qualified faculty members received FES 3 scorses of 2.5 or higher.
KPI
Effective Service Providers
The Department of General Business and Finance uses the Faculty Evaluation System (FES) Form 4 to document the service activites of the faculty. The percentage of effective service providers defined and measured using FES 4 will provided data concerning the service activities of the faculty.
1. Eighty percent (80%) of all Participating Faculty (as defined by AACSB International standards) in the department will meet or surpass the departmentally-set minimum FES 4 score of 3.0.
Result
Effective Service Providers
82.6% of eligible faculty received FES scores of 3.0 or higher.
Action
Continued Excellence In Teaching, Research, And Service
Through the use of the Faculty Evaluation System, the department will maintain and enhance the overall teaching, research, and service effectiveness of its faculty.
Objective
Maintaining SA, SP, PA, And IP Percentages
Policies will be implemented to help ensure that AACSB guidelines for the percentage of classes taught by qualified faculty continue to be met. At least 40% of departmental faculty must meet the college and AACSB definitions of Scholary Academic (SA); 60% must be Scholarly Academics, Scholarly Practioners (SP) or Practice Academics (PA); and 90% must be Scholarly Academics, Scholarly Practioners, Practice Academics, or Instructional Practioners (IP).
KPI
Maintenance Of SA/SP/PA/IP Percentages
The department will ensure that the number of course sections taught by SA (scholarly academics), SP (scholarly practioners), PA (practice academics), and IP (instructional practioners) meets or exceeds AACSB guidelines.
Result
Maintainence Of AACSB Academic Qualifications
Of 36 faculty members, 24 (66.7%) are designated as SA, 27 (75.0%) are SA + PA + SP, and 33 (91.7%) are SA + PA + SP + IP).
Action
Maintaining AACSB Qualifications
The percentage of courses taught by SA. SP, PA, and IP faculty exceed minimum guidelines. The department will continue to monitor course coverage to ensure that virtually all courses are taught by fully academically-qualified faculty.