Business Administration
Results of Assessment
2006-2007
(submitted 10/24/07)
Introduction and Background
This report’s purpose is to describe the recent
activity in the Business Administration Department relative to the
assessment of the department’s success in meeting school and department
goals and objectives. The Business Administration Department houses six
different areas of emphasis: Management, Human Resource Management, Finance,
Marketing, Supply Chain Management, and Business Administration.
Assessment of Specific Goals and Objectives
The educational goals and objectives that are sought
after in the education of our Students, while aimed at the general goals and
objectives of the John B. Goddard School of Business and Economics, are
tailored to fit the six individual areas of emphasis. For example, our
intent for management and finance areas of emphasis is as follows:
Management - Prepares students to apply the knowledge
and skills needed to design and maintain a productive work environment. This
includes the study of leadership, team effectiveness, employee empowerment,
communications, and other subjects associated with interpersonal and
organizational effectiveness.
Finance - Students will learn to acquire, allocate,
and control financial resources. This will include such topics as
investments, portfolio theory, and security analysis.
Assessment of Skill Proficiency
The management faculty have developed a course that
has a focus on eight managerial roles and twenty four managerial
competencies embedded within those roles where some level of capability is
necessary for success as a manager within any given organization over time.
Each student is given an assessment exam at the beginning and end of each
semester that evaluates their pre- and post-competency levels for each of
the managerial roles and competencies focused on in the course. Following
the post-assessment exam, each student develops and turns in a managerial
competency development plan for evaluation.
The finance faculty members have implemented a plan
for students pursuing a finance emphasis. They have identified nine skill
areas in which they believe all students taking finance courses should have
a basic level of proficiency. The faculty have developed a number of problem
sets in each of the skill areas that are used to assess all students taking
the financial management course. Each student is required to successfully
complete a problem set in each of the nine skill areas. A student who is
unsuccessful in completion of a problem set is given feedback about how to
improve their performance and given an additional opportunity at
successfully completing a similar problem set. Students are not allowed a
passing grade in the course until they have successfully completed problem
sets in all nine skill areas.
National Examinations
One of the most important assessments of goal and
objective achievement in the Business Administration Department is national
field exam developed by ETS that the John B. Goddard School of Business and
Economics gives every few years to its graduating students in the capstone
course - BUSADM 4780. This assessment examination measures student
competency in a number of business related areas that include management,
legal environment and social issues, finance, marketing, and international
business, all course areas taught within the Business Administration
Department. ETS reports scores by percentiles indicating our students
percentile rating as compared to all university business students in the
United States taking the exam in a given year. This usually provides a
comparison of approximately 500 schools each year.
The ETS percentile scores for individual subject area
for 2001-2002 and 2006-2007 are as follows:
|
Individual Areas of Emphasis |
2001-2002 |
2006-2007* |
|
Management |
99th |
95th |
|
Legal Environment |
99th |
95th |
|
Finance |
84th |
95th |
|
Marketing |
84th |
95th |
|
International Business |
73rd |
95th |
- The 2006-2007 ETS exam report used a five-point
indicator with the 95th percentile being the highest reported
percentile level in the exam.
Placement
Another assessment that relates to goals and
objectives within the Business Administration Department has to do with
placement data on starting salaries of our graduating seniors. The following
table provides beginning salary information for the last four years.
Overall, the trend in starting salaries for our graduates is good.
|
Area of Emphasis |
July 2007 |
July 2006 |
July 2005 |
July 2004 |
|
Finance |
$36,000 |
$38,361 |
$47,286 |
$31,671 |
|
Human Resource Management |
$37,933 |
$37,920 |
$37,400 |
$33,468 |
|
Supply Chain Management |
$46,333 |
$46,829 |
$37,300 |
$45,006 |
|
Management |
$40,375 |
$32,558 |
$37,188 |
$34,901 |
|
Marketing |
$43,125 |
$38,256 |
$49,800 |
$35,457 |
|
Business Administration |
$40,967 |
$36,000 |
$38,857 |
$38,308 |
Graduating Outcomes Survey Profile
A survey is administered to each graduating class by
department. The students are asked to rate their experience overall with the
John B. Goddard School of Business and Economics. The results for students
graduating with Business Administration degrees are very positive overall.
|
How would you rate the GSBE overall? |
Excellent |
Good |
Average |
Below Average |
|
2006-2007 |
45.0% |
53.3% |
1.7% |
|
|
2005-2006 |
42.3% |
55.1% |
2.6% |
|
|
2004-2005 |
60.5% |
39.5% |
|
|
|
2003-2004 |
48.6% |
46.7% |
4.7% |
|
|
2002-2003 |
34.6% |
55.3% |
8.8% |
1.3% |
Mission
Statement / Student
Learning Outcomes / Curriculum
Grid / Assessment Plan
/ Contact Person |