College of Business

1. College of Business Montana State University Billings December 11, 2013

2. Faculty Dr. Otjen – American Indian Heritage Award, Fall 2013 Dr. Robertson – 2013 Faculty Excellence Award from ASMSUB Students 2013 Golden Merit Award 2013 Outstanding Seniors (2) Outstanding Academic Organization Award Winner of International CAPSIM Competition Spring 2013 AIBL – Winner of Business Plan Competition Recent accomplishments

3. COB students placed 1st six times, 3rd once, and 4th twice during the past nine years in the International CAPSIM Business Management Simulation competitions. • Since 2004 COB student teams won 1st place twice, 2nd place twice and 3rd place once in the Annual John Ruffato Montana Business Plan competition at the University of Montana against 35 other teams including graduate students. • In the past nine years AIBL teams have placed 1st four times, 2nd twice, and 3rd twice at the national business plan competition. • Student projects have garnered eleven statewide awards, including five gold awards, within the past eight years from the Great Falls Advertising Federation. • Since 2000 eight COB students have participated in Global Village at Lehigh University. Students are selected on the basis of leadership, grades and citizenship. Only 90 students from around the world are admitted annually. enduring achievements

4. Faculty members in the Department of Business Administration • 19 full-time faculty members in Fall 2013 • Compared to 22 full-time faculty members in 2009 • Enrollment has increased 17% (head count) since 2009 • New faculty members this fall • Dr. Joshua Hill, Economics • Dr. Patricio Mori, Management • Faculty activities • Four faculty members received professional development funding in Fall 2013. • Three faculty members received a CARE grant for their research project in Fall 2013. • Number of peer-reviewed published journal articles in the past 5 years = 49 • Number of articles submitted to peer-reviewed journals in Fall 2013 = 8 • Numerous works in progress • Consulting and other professional activities are ongoing faculty

5. Fall 2013 COB enrollment increased 10.4% over fall 2012, 17% since Fall 2009. • 27% increase in Accounting, 19% increase in Finance since 2012 • Fall-to-Fall retention rate for Fall 2012 New Freshmen Cohort was 71% in Fall 2013. Target was 68%. • 13 COB undergraduate students have co-authored papers with COB faculty. One student project led to a book, currently under contract to be published. • On average 25 client-based projects are completed every year by COB students. • A recent faculty consulting opportunity led to three research papers in various stages of publication. • In recent years short-term study abroad opportunities led by COB faculty include Japan, China, India and Costa Rica. • MSUB College of Business achieved accreditation by AACSB in 2010. Less than 1% of business schools that offer solely undergraduate programs have achieved this high level of accreditation. Cob highlights

6. Bachelor of Science in Business Administration • Options: • Accounting (available onsite and online) • General Business (available online) • Finance • Management • Marketing • Minors • Interdisciplinary program with Music Department • Many courses in all options are offered both onsite and online Programs

7. Marketing - Students design & help produce an actual advertising campaign, typically for public service projects. • Finance - Students invest $50,000 from D.A.Davidson & Co. and get to keep 50% of any profits. • Accounting - Students prepare Income Tax Returns for low income taxpayers and create a customized accounting system using commercial accounting software to meet the needs of a real business. • Management - In the Small Business course students actually create and operate their own small business. At the end of the semester they keep the profits. • Capstone Course - In Business Strategy course students develop a detailed business plan for an actual business or not-for-profit organization. • Internships - Students gain experience by working for a business under the guidance of the MSUB College of Business. Experiential Learning Activities

8. Strategic Planning • AACSB Accreditation • New programs • Business Advisory Board Action Items • Tuning Project • Outreach Current activities

9. Value statements • Final version approved by faculty and Student Advisory Board • Vision and Mission statements • Mission statement needs to show how we differentiate from other schools • Strategies and Goals • Early spring semester Strategic Planning

10. Continuous Improvement Accreditation • Report due early September • Visit: November 2-4, 2014 • Mission Statement and Strategic Plan • Innovation, Impact, Engagement • Faculty vitae should include how faculty members are engaged in innovation, impact, and engagement activities. • Faculty Qualifications • Definitions for new faculty classifications and new database are needed • Assurance of Learning (Assessment) • Closing the loop AACSB Accreditation

11. Considering new options, new degrees, certificates, non-credit • Interested in market research • EAB research data • Marketing Research class • Ongoing discussions with Extended Campus • Ideas solicited from community • Survey at Energy Expo New programs

12. Bank for student businesses • Established Fall 2013 via sponsorships from BAB • Student groups presented ideas for businesses to BAB “lenders” • Three groups were granted loans to start businesses for the Small Business Management course • Business Plan Competition • Entrepreneurship Conference Business Advisory board Action Items

13. Faculty member and Dean participated in Plenary Session in Helena to begin the process of aligning knowledge, skills and abilities of graduates of two-year institutions in Montana with the expectations of four-year business programs in the state. • Faculty member and Dean participated in second meeting with other schools in which general discipline profile was developed, topic areas were identified, and a list of competencies for each of those areas was drafted. • Next step is to develop learning objectives for each competency. Tuning Project

14. Faculty member participated in business course offered to students at Plenty Coup High School • Faculty member is currently participating in One Montana • Currently working on ideas for outreach to Native American communities • Developing agreements with international institutions outreach

15. Q & A