Board of Trustees Presentation
Christine A. Poon
Dean &
John W. Berry, Sr. Chair in Business
1
“I’d like to leave a legacy to help create a school
that would bring out the best in kids. . .
the kind of students that make an impact
on the country and world itself.”
- Max M. Fisher
2
Our Vision
Forge a vast network of
partnerships and collaborations with the
rest of the university and the
global business community
thereby elevating our
research, teaching, student experience
and the practice of business.
3
Our Students
Undergraduate
1000
7,000
6,000
Graduate
33%
950
17%
5,000
900
4,000
3,000
850
2,000
800
1,000
750
0
Au 2003
Au 2012
Au 2003
Au 2012
4
Our People
Faculty
Tenure and Tenure Track
91
Clinical
9
Senior Lecturers
33
Visiting
6
Subtotal
139
Staff
185
Total
324
5
Our Structure
5 Departments
Undergraduate Programs Office
6 Centers
Graduate Programs Office
Executive Education Unit
Career Management
Development/Advancement
6
Our Finances
Current Sources FY 13
2%
16%
23%
State Subsidy
UG Fee Revenue
35%
24%
Graduate Fee Revenue
Outreach Activity Revenue
Sponsored Research
$72.1MM
7
Our Rankings
U.S. News & World Report
Undergraduate
2004
Overall:
17
Publics:
10
Supply Chain Management
& Logistics:
3
Production & Operations
Management :
8
Accounting:
13
Finance:
9
Marketing:
14
Business Week
2013
17
8
5
6
10
11
13
2005
2012-13
Top 50
27
Executive MBA program:
13
14**
Undergraduate program:
43
34
MBA program:
8
*USNWR Overall and Public rankings are based on a combination of reputational scores and program data; specialization rankings are based solely on reputation surveys.
**Number reflects the most recent ranking of EMBA programs in 2011
Discussion Items
• Faculty
• Undergraduate Program
• Graduate Program
• Outreach
•
Centers and Executive Education
• Tell the Fisher Story
9
Faculty
10
Excellent Progress in Research
Impact and Productivity
11
Financial Times
School
2013 U.S. Research Rank
Harvard
1
Pennsylvania
2
UC Berkeley
3
MIT, Duke
4
Stanford, Chicago, NYU
6
Northwestern, Michigan
9
Columbia
11
Ohio State
12
Texas Austin
16
North Carolina
17
Indiana
27
12
Faculty Retention
Assistant
Associate
Full
28
27
16
Chair/Distinguished
20
13
Undergraduate
Program
14
Our Undergraduate Rankings
Fisher
Texas
Indiana
Rank
34
9
13
Average SAT/ACT (6%)
1305
1362
1299
Median Starting Salary (10%)
$50K
$55K
$53K
Academic Quality (30%)
35
35
28
Student Survey (30%)
45
11
20
Recruiter Survey (20%)
13
4
1
15
Student Experience
•
•
•
Increase number of students with a four-year Fisher experience
Dedicated Office for Student Experience
Increase number of honor/honors-like programs
Financial
Services
Manufacturing
Health
Care
Industry
Clusters
Business
Analytics
Honors,
Honors Accounting,
Honors Cohort
Energy/
Sustainability
Consumer
Packaged
Goods
Dean’s
Leadership
Academy
16
Graduate Programs
17
Program
2003
2012
Change
FTMBA
287
240
-16%
WPMBA
262
295
+13%
MAcc
95
84
-12%
MHR
71
111
+56%
SMF
0
43
NA
MBLE
0
78
NA
MBOE
0
31
NA
EMBA
81
71
-12%
Total
796
953
+20%
18
Outreach
19
Idealized Center of Excellence
• Interdisciplinary
• Academic Strength and Interest
• Economic Interest to Region/Nation
• Generate Innovative Research
• Collaboration among Companies and College
• Student Engagement
20
Build Partnership with the Business Community
through Centers of Excellence
Center for
Operational
Excellence
Center for
Entrepreneurship
Nationwide
Center for
Advanced Analytics
Facilitate a powerful
connection with
business community
The Risk
Institute
Big Data
Center for the
Middle Market
And elevates our research and teaching
21
Tell the Fisher Story
22
Go Beyond: The Essence
There is a singular driving force behind what we do here at
Fisher. Go Beyond. It is the core of Max Fisher’s
compelling legacy – that with our intellect and heart, we go
beyond what’s expected, what’s ordinary, what’s
comfortable. Our uniquely prepared students make a
meaningful and lasting impact in business, in community,
and in the world. This drive defines us. It makes us Fisher.
Go Beyond.
23
Supplement
24
3. Letter from the Dean/ Information about the college
Since 1916, The Ohio State University Fisher College of Business has produced exceptional
leaders who meet the challenges of a changing global business environment through creative and
effective solutions.
In 1993, the college received a gift from alumnus Max. M. Fisher, a leading industrialist,
philanthropist and public servant. Mr. Fisher's desire to see his alma mater become one of the
premier management institutions in the country spearheaded the construction of a state-of-the-art,
six-building campus. In recognition of his commitment, the college was named the Max M. Fisher
College of Business.
Since then, the college has undergone a corporate turnaround; narrowing the focus of its programs,
recruiting leading faculty, placing a renewed emphasis on experiential learning, and offering a wide
range of international study options. Faculty and staff have also established new scholarship and
fellowship opportunities, strengthened their commitment to diversity, and created innovative
academic and corporate partnerships.
As a result, Fisher's international reputation continues to rise and is reflected in rankings which
place the college among the top 25 business schools in the nation at both the undergraduate and
graduate levels.
Fisher College of Business website: http://www.cob.ohio-state.edu/
Strategic Plan website: www.go.osu.edu/FCOBstrategicplan2012
25
4. College Structure and Leadership
Christine A. Poon
Dean and John W. Berry, Sr. Chair in Business
Departments (5)
Research & Business Partnership Centers (11)
Department of Management & Human Resources
Chair, David B. Greenberger
Center for Entrepreneurship
Center for Operational Excellence (COE)
Center for Business Performance Management (CBPM)
Department of Accounting & MIS
Chair, Waleed Muhanna
Department of Management Sciences
Chair, Peter Ward
Department of Finance
Chair, Ingrid Werner
Department of Marketing & Logistics
Chair, Walter Zinn
Center for International Business Education and Research
(CIBER)
Center for Real Estate Education and Research
Charles A. Dice Center for Financial Economics
Initiative for Managing Services
Innovation Initiative
National Center for the Middle Market
Nationwide Center for Advanced Customer Insights
Global Supply Chain Forum
26
4. College Structure and Leadership (Continued)
Christine A. Poon
Dean and John W. Berry, Sr. Chair in Business
Associate Deans
Anil Makhija, Senior Associate Dean
Karen Hopper Wruck, Senior Associate Dean
H. Rao Unnava, Associate Dean for Executive Programs
Pat West, Associate Dean for Undergraduate Programs
Support Unit Directors
Joddi Giacobbi, Chief Information Officer
Cynthia Anderson, Interim Executive Director, Office of
External Relations
Barb DeYoung, Executive Director, Fiscal and
Budget
Melinda McDonald, Executive Director,
Undergraduate Programs
David Harrison, Director, Office of Minority Student
Services
Larry Murphy, Executive Director, Executive Education
Jeffrey Rice, Executive Director, Career Management
Nancy Lahmers, Executive Director, Graduate
Programs
Kurt Roush, Executive Director, Global Business Office
Francisco-Xavier Gomez-Bellenge, Associate
to the Dean for Special Projects
Ann Hamilton, Executive Director, Marketing
Communications
27
5. Academic Programs
Undergraduate
Business Major with specializations in Accounting, Aviation Management, Economics, Finance, Human
Resources, Information Systems, International Business, Logistics, Marketing, Operations, Real Estate, and
Insurance; a General Business degree is available on the smaller campuses
Graduate
Masters: Full-time MBA, MBA for Working Professionals, Master of Accounting, Master of Human Resource
Management, Specialized Masters-Finance, Master in Business Logistics Engineering
PhD: Human Resource Management, Business Administration, Accounting/MIS
Executive
Executive MBA, Master of Business Operational Excellence
28
9. Undergraduate Graduation Rate
The six-year graduation
rate of the college has
increased by over 8
percentage points since
2007
Graduation Rate and Cohort Size*
Fisher College of Business
Columbus campus
2007
78.1%
676
71.2%
5,964
2008
82.5%
722
72.7%
5,940
2009
78.4%
741
74.9%
6,354
2010
83.5%
726
78.0%
6,037
2011
85.2%
750
79.7%
5,940
2012
86.4%
878
82.4%
6,266
* 2007 represents the entering class of 2001
29
10. Undergraduate Student/Faculty Ratio
and Class Size
Percentage of Classes by Size: Autumn 2012
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Percentage of classes of 50 or more
Percentage of classes between 20 and
49
Percentage of classes under 20
Fisher College of Business
Fisher College of Business
University
Percentage of
classes under 20
7%
27%
University
Percentage of classes
between 20 and 49
65%
57%
Percentage of classes
of 50 or more
28%
16%
Student to
Faculty Ratio
49 to 1
19 to 1
30
12. Faculty: Tenure Track FTE by Rank
100
90
80
70
60
50
40
30
20
10
0
In the past 10
years Assistant
Professor FTE has
surpassed
Associate
Professor FTE
2003
2004
Instructor
2005
2006
2007
Assistant Professor
2008
2009
2010
2011
Associate Professor
2012
Professor
2012
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Professor
38
41
36
34
31
33
35
36
37
35
Associate Professor
33
32
31
30
26
25
23
22
21
23
Assistant Professor
17
15
11
16
19
22
25
26
25
31
1
2
1
1
-
-
1
-
2
1
89
90
79
81
76
80
84
84
85
90
Instructor
Total
31
13. Diversity & Inclusion: Percent of Tenure Track Faculty FTE
by Gender
100
90
Over the past ten
years, the
percentage of
tenure track
Business faculty
FTE who are female
increased by 39%
80
70
60
50
40
30
20
10
2003
2004
2005
2006
2007
Female
2008
2009
2010
2011
2012
Male
2012
Male
Female
Grand Total
2003
71
18
89
2004
72
18
90
2005
62
17
79
2006
62
20
82
2007
57
19
76
2008
62
18
80
2009
63
21
84
2010
62
22
84
2011
64
21
85
2012
65
25
90
32
14. Diversity & Inclusion: Percentage of Tenure Track Faculty
FTE by Ethnicity
100
90
In the last 10 years,
underrepresented
minority faculty FTE
increased from 3 to
8, an increase of
167%
80
70
60
50
40
30
20
10
0
2003
2004
2005
2006
Asian
Asian
Undisclosed
URM
White
Grand Total
2003
12
3
3
71
89
2004
11
3
4
72
90
2005
9
2
4
64
79
2006
10
3
5
64
82
2007
10
2
5
59
76
2008
10
2
7
61
80
2007
Undisclosed
2009
13
2
7
62
84
2010
14
2
7
61
84
2008
2009
URM
2011
14
3
7
61
85
2010
White
2012
18
4
8
60
90
2011
2012
2012
33
15. Faculty Recruitment and Retention: Years in Tenure Track
Length of time in track has been fairly stable with a slight shift
toward faculty with fewer years in track
Tenure Track Faculty: Years in Track
100
90
80
70
60
50
40
30
20
10
0
2003
2004
5 or less
5 or less
Between 6 and 10
Between 11 and 15
Between 16 and 20
21 or more
2003
30
7
13
15
23
2005
2006
Between 6 and 10
2004
29
8
9
16
27
Source: Faculty Analytics, OHR
2005
14
19
10
13
24
2007
2008
Between 11 and 15
2006
20
16
10
11
25
2007
19
16
7
13
22
2009
2010
Between 16 and 20
2008
27
15
6
11
23
2009
34
13
7
7
25
2011
2012
21 or more
2010
33
7
14
8
23
2011
35
7
13
8
23
2012
37
11
14
4
25
34
16. Faculty Recruitment and Retention: Turnover & Retirement Eligibility
Over the past 10 years,
27 of the 52 voluntary
terminations were due
to retirement
•
•
19% of the faculty are currently
eligible to retire
47% will be eligible in the next 10
years
Retirement Eligibility of Tenure
Track Faculty
100%
80%
60%
10.1 or more years
5.1 to 10 years
2.1 to 5 years
40%
Source: Faculty Analytics, OHR
*Retirement Eligibility is based on years
of service and age
20%
0%
0.1 to 2 years
Currently Eligible
35
Our Finances
60
40
20
0
2009
2010
2011
2012
2013
General Fund
Research/OSP
Earnings & Conferences
Development & Endowment
Fed, State, Priv Grants/Contracts
Others
in Millions
General Fund
Research/OSP
Earnings & Conferences
Development & Endowment
Fed, State, Priv
Grants/Contracts
Others
Total
2009
47.3
0.5
2.4
10.5
3.2
-0.2
63.8
Fiscal Year
Five Year Change
2010
2011
2012
2013
$
%
50.3
54.1
55.9
53.9
6.6
14%
0.6
0.7
0.9
1.3
0.8
160%
2.1
2.4
2.2
2.6
0.2
8%
10.6
9.2
9.4
10.1
-0.4
-4%
2.2
0.1
65.9
3
0.4
69.8
5
0.3
73.8
3.7
0.5
72.1
0.5
0.7
8.3
16%
-350%
13%
•
•
GF accounts for
75% of all
current sources
and the major
source of growth
Research/OSP
has the most
growth at 160%
36
Fisher College of Business - Current Sources Fisher Style
FY 2012
FY 2013
In Millions
Current Sources
% of Total
Current Sources
% of Total
State Subsidy
11.2
15.19%
11.3
15.67%
UG Fee Revenue
24.9
33.83%
25.4
35.29%
Graduate Fee Revenue
19.8
26.83%
17.2
23.80%
Outreach Activity Revenue
16.9
22.93%
16.9
23.44%
0.9
1.22%
1.3
1.80%
73.7
100.00%
72.1
100.00%
Sponsored Research
TOTAL
37
22. Status of Facilities
Overall Quality of Facilities: 95.2%
Building Name
Converse Hall
Fisher Hall
Gerlach Hall
Schoenbaum Building
Mason Hall
Pfahl Hall
Ownership
OSU OWNED
OSU OWNED
OSU OWNED
OSU OWNED
OSU OWNED
OSU OWNED
59.3%
95.5%
95.6%
95.1%
95.4%
95.5%
43,865
61,574
33,990
30,094
34,534
23,364
College Remaining Facility
Value
Total Building CRV
College ASF %
1,355
3.1% $ 18,369,176 $
567,428
61,574 100.0% $ 40,125,082 $ 40,125,082
33,990 100.0% $ 20,207,580 $ 20,207,580
11,023 36.6% $ 17,923,042 $ 6,564,953
34,534 100.0% $ 20,041,192 $ 20,041,192
2,672 11.4% $ 14,056,182 $ 1,607,521
$ 89,113,756
College Total Liability
$ of Remaining Facility Value
$ Current Replacement Value
FCI =
College Occupied ASF
Total Building ASF
FCI Composite
$ 89,113,756
$ 84,872,135
95.2%
College Occupied Facilities
Current Replacement Value
Fisher College of Business FCI Calculation
College Occupied Facilities Current Replacement Value
College Remaining Facility Value
College FCI
$ 230,943 $
336,485
$ 1,805,629 $ 38,319,453
$ 889,134 $ 19,318,447
$ 321,683 $ 6,243,270
$ 921,895 $ 19,119,297
$
72,338 $ 1,535,182
$ 4,241,621 $ 84,872,135
Source: Physical Planning and Real Estate
38