UNIVERSITY OF - @ AlwcYLAND 1 1 1 9 Main A d m ~ ~ ~ i s t r n t lUuilding on Col1t.g~Park. Maryland 2 0 7 1 2 - 5 0 3 1 301.405.5252 T E L 301.405.819.i FAX OFFICE O F T H E S E N I O R VICE PRESIDENT F O R ACADEMIC AFFAIRS A N D PROVOST September 18, 2006 MEMORANDUM TO: Howard Frank Dean, Robert H. Smith School of Business FROM: Phyllis Pere Associate Provost for Academic Planning and Programs WP/+ SUBJECT: Proposal to add an informal track in Entrepreneurship to the General Business Major (PCC log 0501 7) Your proposal to add an informal track in Entrepreneurship to the General Business major received final was approved by the Senate on February 9,2006 and by President Mote on February 28. A copy of the approved proposal is enclosed. The changes are effective for Fall 2006. The College should ensure that the new requirements are fully described in the Undergraduate Catalog and in all relevant descriptive materials, and that all advisors are informed. Enclosure cc: Sarah Bauder, Office of Student Financial Aid Mary Giles, University Senate Barbara Hope, Data Administration Kathy McAdams, Undergraduate Studies Anne Turkos, Archives Linda Yokoi, Office of the Registrar Glenn Kirksey, Office of the Registrar Brian Horick, Robert H. Smith School of Business THE UNIVERSITY OF MARYLAND, COLLEGE PARK PROGRAM/CURRICULUM PROPOSAL riate attachments should submitted to the Office of Academic Affairs, who will assign a Log Number to each proposal. Also submit an electronic version of as much of the proposal as is possible. PCC LOG NO. DATE SUBMITTED September 8,2005 0501 7 COLLEGEISCHOOL Robert H. Smith School of Business DEPARTMENTIPROGRAM Logistics, Business & Public PolicyIUndergraduate Maior: General Business PROPOSED ACTION ( A separate form for each) ADD DELETE CHANGE X DESCRIPTION (Provide a succinct account of the proposed action. Details should be provided in an attachment. Provide old and new sample programs for curriculum changes.) The Logistics, Business, & Public Policy Department would like to update its General Business major to add an Entrepreneurship track to the major. See attached for more details. JUSTIFICATIOIV/REASONS/RESOURCES (Briefly explain the reasonfor the proposed action. Identijj the source of new resources that may be required. Details should be provided in an attachment.) No new resources required. ......................................... .......................... APPROVAL SIGNATURES ------- ---------- DATE ."&A 1. Department Committee Ch 'f / 2. Department Chair i : 3. College/School PCC Chair ' [ ; )Y%,A 1 4. Dean I , ) ' n 5. Dean of the Graduate School (if required) 6. Chair, Senate PCC 7. Chair of Senate 8. Vice President for Academic Affairs & Provost A 2-9 - c'b 4- I ~ G VPAAP Rev. 3/1/04 - UNIVERSITY OF 1100 Marie Mount Hall College Park, Maryland 20742-7541 301.305.5805 T E L 301.305.5749 FAX MARYLAND http://www.senate.urnd.edu UNIVERSITY SENATE MEMORANDUM To: C.D. Mote, Jr., President From: Adele Berlin $p Chair of the University Senate Subject: Proposal to Add a Track in Entrepreneurship to the General Business Major, Senate Document Number 05-06-23 I am pleased to forward for your consideration the attached report entitled, "Proposal to Add a Track in Entrepreneurship to the General Business Major, Senate Docuineilt Number 05-06-23." The proposal was presented by James Baeder, Chair of the Senate Programs, Cun-icula, and Courses Committee. The University Senate approved the proposal at its February 9, 2006 meeting. We appreciate your consideration of the proposal and request that you inform the Senate Office of your decision as well as any subsequent action related to your conclusion. Enclosure: cc: Senate Document 05-06-23 William Destler, Senior Vice President for Academic Affairs & Provost James Baeder, Chair, Senate Programs, Curricula and Courses Committee Howard Frank, Dean, Robert H. Smith School of Business Mary Giles, Executive Secretary and Director, 'University Senate Phyllis Peres, Associate Provost, Academic Planning and Programs Charles Rutherford, Associate Dean, College of Arts and Humanities Ann Wylie, President's Chief of Staff 1 Approved: $IhJk D C.D. Mo , Jr. President ~ ~2 / ~z %: OFFICE OF THE CHANCELLOR July 12, 2005 1807 University of Maryland. Baltimore 1856 University of Maryland, College Park 1865 Bowie State University 1866 Towson University 1886 University of Maryland Eastern Shore 1898 FrostburgState University 1900 Coppin State University Dr. C.D. Mote, Jr. 1101 Main Administration Building University of Maryland, College Park College Park, MD 20742 Dear Dan: Thank you for forwarding the request from University of Maryland, College Park to offer a new Post Baccalaureate Certificate in Intelligence Analysis, based on a 12 credit curriculum consisting entirely of courses that are already part of the master's degree program in Public Policy. I am pleased to approve this recommendation. Sincerely, 1925 Salisbury University 1925 University of Baltimore 1925 University of Maryland Center for Environmental Science 1947 University of Maryland University College 1966 University of Maryland. Baltimore County William E. Kirwan Chancellor cc: Dr. Irwin Goldstein Ms. Theresa Hollander Dr. William Destler Dr. Phyllis Peres 1985 University of Maryland Biotechnology Institute 3300 Metzerott Road e Adelphi, MD 20783-1690 r Phone: 301.445.1901 c Fax: 301.445.1931 r www.usmd.edu REASONS FOR PROPOSED ACTION A survey of past general business majors regarding their reasons for selecting general business as a major revealed that many were interested in starting their own business or managing an existing small family business. A more appropriate set of courses for this group of students would focus on the issues and problems facing business start ups or small businesses. As a result we have created a track that is more focused on these small business issues. The new entrepreneurship track is still fundamentally a general business degree since it covers many basic business issues that firms face, but several of the courses are now focused on starting up and managing a new venture. These courses already exist or will be replacing existing course offerings and as a result the new track does not require any additional resources. This new entrepreneurship track consists of 4 courses that will be required in the Smith School’s Entrepreneurship Fellows program. The Entrepreneurship Fellows Program is a new program, which was created as part of Smith School’s programmatic fulfillment of the President’s Promise. General Business majors who are accepted into the Smith Entrepreneurship Fellows program will be able to select the entrepreneurship track. Students who are admitted into the Smith Entrepreneurship Fellows Program and are not General Business majors will use the entrepreneurship courses as electives toward their degree. DESCRIPTION OF CURRICULUM CHANGE Approximately, 80 to 100 General Business majors graduate each year from the Smith School at the College Park and Shady Grove campuses combined. Typically, students select General Business as a major if they wish to work in a small business, run their own business, or seek a broad business background while pursuing other career options such as law school. By its design, the General Business major is appropriate for those who plan to work in small businesses or be entrepreneurs, where a general knowledge of various fields is preferred by a student. Students who wish to work in a larger organization should seek a specialized major instead of the General Business curriculum. Because of the overlap of content and contradicting career goals, it is not appropriate for students to have a second major in another business discipline. As a result, the Smith School will restrict business majors from declaring General Business together with another business major. This new Entrepreneurship Track will have the same upper level economics course requirements as the regular track. In addition, 3 course requirements (9 credits) will be unchanged from the General track (see below for details). Students pursuing the Entrepreneurship track will complete 4 additional Entrepreneurship courses in addition to the 3 courses required of all General Business majors. As a result, Entrepreneurship track students will complete 21 credits in the major instead of the 18 credits required by the General track. These extra three credits in the Entrepreneurship track will not hamper students from graduating on time because the total number or credits required to earn the degree (120) will remain unchanged. The extra entrepreneurship course will take the place of an upper level elective required in the general track. Old Requirements Major Requirements One of the following (accounting/finance): BMGT 321 Managerial Accounting BMGT 440 Financial Management 3 cr One of the following (supply chain management): 3 cr BMGT 372 Introduction to Logistics and Supply Chain Mgmt BMGT 385 Operations Management One of the following (management and organization): BMGT 360 Human Resource Management BMGT 461 Entrepreneurship 3 cr One of the following (decision and information technologies): 3 cr BMGT 305 Survey of Business Information Systems and Technology BMGT 332 Operations Research for Management Decisions One of the following (marketing): BMGT 353 Retail Management BMGT 450 Integrated Marketing Communications 3 cr One of the following (international business/public policy): BMGT 392 Introduction to International Business BMGT 482 Business and Government BMGT 496 Business, Ethics and Society Total Major Requirements 3 cr Upper Level Economics Requirements Two of the following courses: ECON 305 Intermediate Macroeconomic Theory & Policy ECON 306 Intermediate Microeconomic Theory ECON 330 Money and Banking ECON 340 International Economics Total Economics Requirement 18 cr 6 cr 6 cr New Requirements Major Requirements The following are required of all General Business majors: One of the following (supply chain management): 3 cr BMGT 372 Introduction to Logistics and Supply Chain Mgmt BMGT 385 Operations Management One of the following (marketing): BMGT 353 Retail Management BMGT 450 Integrated Marketing Communications 3 cr One of the following (international business/public policy): BMGT 392 Introduction to International Business BMGT 482 Business and Government BMGT 496 Business, Ethics and Society 3 cr In addition, General Business majors must complete one of following tracks. Standard Track One of the following (accounting/finance): BMGT 321 Managerial Accounting BMGT 440 Financial Management One of the following (management and organization): BMGT 360 Human Resource Management BMGT 461 Entrepreneurship 3 cr 3 cr One of the following (decision and information technologies): 3 cr BMGT 305 Survey of Business Information Systems and Technology BMGT 332 Operations Research for Management Decisions OR Entrepreneurship Track One of the following: BMGT 361 Entrepreneurship: Starting and Managing the Entrepreneurial Venture BMGT 461 Entrepreneurship BMGT 365 Entrepreneurial Finance & Private Equity BMGT 366 Growth Strategies for Emerging Companies BMGT 465 Business Plan For The New Venture 3 cr 3 cr 3 cr Total Major Requirements 18/21 cr Upper Level Economics Requirements Two of the following courses: ECON 305 Intermediate Macroeconomic Theory & Policy ECON 306 Intermediate Microeconomic Theory ECON 330 Money and Banking ECON 340 International Economics Total Economics Requirement 3 cr 6 cr (same for both tracks, no change) 6 cr Additional Degree Requirements of the General Business Major At the Smith School of Business, a minimum of 120 credit hours is required to complete a Bachelor of Science degree. Besides the major requirements list above and the specific Smith School of Business requirements listed below, a student must complete the University's CORE General Education Requirements and sufficient lower and upper level elective credit to accumulate a total of 120 credit hours. A minimum of 58 credit hours of the required 120 hours must be in 300-400 (upper) level courses. A detailed explanation including additional Smith School of Business degree requirements are listed below. Freshmen/Sophomore Smith School Requirements MATH 220 or 140* - Elem.Calculus I or Calculus I BMGT 220 & 221 - Principles of Accounting I & II BMGT 230 or 231** - Business Statistics ECON 200 & 201 - Principles of Micro & Macro Economics COMM 100, 107 or 200 - Foundations of Speech Communications, Speech Communication, or Critical Thinking and Speaking Total * MATH 140 & 141 required for Information Systems majors **BMGT 231 required for Information Systems majors Junior/Senior Smith School Requirements BMGT 301 - Introduction to Information Systems BMGT 340 - Business Finance BMGT 350 - Marketing Principles BMGT 364 - Management and Organization BMGT 367 - Career Search Strategies and Business BMGT 380 - Business Law BMGT 495 - Business Policies Total 3-4 cr 6 cr 3 cr 8 cr 3 cr 23-24 cr 3 cr 3 cr 3 cr 3 cr 1 cr 3 cr 3 cr 19 cr General Business Major Requirements (details listed previously) 18-21 cr Upper Level Economics Requirements (details listed previously) 6 cr University CORE General Education Requirements not fulfilled by Smith School requirements listed above. - Total Credits 28 cr Lower Level Electives 16-17 cr Upper Level Electives 6-9 cr Grand Total Required 120 cr Current Catalog Description General Business is designed for those who desire a broad course of study in business and management. This degree is appropriate, for example, for those who plan to enter small-business management or entrepreneurship where general knowledge of the various fields of study may be preferred to a more specialized curriculum concentration. Updated Catalog Description General Business is designed for those who desire a broad course of study in business and management. This degree is appropriate, for example, for those who plan to enter small-business management or entrepreneurship where general knowledge of the various fields of study may be preferred to a more specialized curriculum concentration. Two tracks are offered. In addition to a standard track, students admitted into the Smith School’s Entrepreneurship Fellows Program can follow an entrepreneurship track within the General Business major. Typical 4 Year Plan – Standard Track Year 1, First Term Courses ENGL101 (if not exempt) or elective MATH 220 (or as placed) ECON200 CORE class Lower level elective Year 1, Second Term Credits 3 3 4 3 3 16 Year 2, First Term Courses BMGT220 BMGT230 (if still needed) or elective Lower level elective Lower level elective CORE (Lab Science) Credits 3 3 2 3 4 15 Courses BMGT221 CORE Remaining electives CORE Credits 3 3 6 3 15 Year 3, Second Term Credits 3 3 3 3 3 1 16 Year 4, First Term Courses Major requirement (BMGT 305 or 332) Major requirement (BMGT 392, 482 or 496) Upper level ECON (from list) Professional Writing Upper level elective (2 of 3) Credits 4 3 3 3 3 16 Year 2, Second Term Year 3, First Term Courses Major requirement (BMGT 372 or 385) College Core – BMGT 340 College Core – BMGT 350 College Core – BMGT 301 Upper level ECON (from list) BMGT367 (College Core) Courses ECON201 MATH220 (if still needed) or BMGT230 COMM107 or 200 CORE CORE Courses College Core – BMGT 364 Major requirement (BMGT 360 or 461) College Core – BMGT 380 Advanced Studies CORE Upper level elective (1 of 3) BMGT367 (if still needed) Credits 3 3 3 3 3 1 15-16 Year 4, Second Term Credits 3 3 3 3 3 15 Courses College Core - BMGT495 (340/350/364 prereqs) Major requirement (BMGT 321 or 440) Major requirement (BMGT 353 or 450) Upper level elective (3 of 3) Credits 3 3 3 3 12 Typical 4 Year Plan – Entrepreneurship Track Year 1, First Term Courses ENGL101 (if not exempt) or elective MATH 220 (or as placed) ECON200 CORE class Lower level elective Year 1, Second Term Credits 3 3 4 3 3 16 Year 2, First Term Courses BMGT220 BMGT230 (if still needed) or elective Lower level elective Lower level elective CORE (Lab Science) Credits 3 3 2 3 4 15 Courses BMGT221 CORE Remaining electives CORE Credits 3 3 6 3 15 Year 3, Second Term Credits 3 3 3 3 3 1 16 Year 4, First Term Courses Major requirement (BMGT 366) Major requirement (BMGT 392, 482 or 496) Upper level ECON (from list) Professional Writing Upper level elective (1 of 2) Credits 4 3 3 3 3 16 Year 2, Second Term Year 3, First Term Courses Major requirement (BMGT 361 or 461) College Core – BMGT 340 College Core – BMGT 350 College Core – BMGT 301 Upper level ECON (from list) BMGT367 (College Core) Courses ECON201 MATH220 (if still needed) or BMGT230 COMM107 or 200 CORE CORE Courses College Core – BMGT 364 Major requirement (BMGT 365) College Core – BMGT 380 Advanced Studies CORE Major requirement (BMGT 372 or 385) BMGT367 (if still needed) Credits 3 3 3 3 3 1 15-16 Year 4, Second Term Credits 3 3 3 3 3 15 Courses College Core - BMGT495 (340/350/364 prereqs) Major requirement (BMGT 465) Major requirement (BMGT 353 or 450) Upper level elective (2 of 2) Credits 3 3 3 3 12 Major/Economic Requirements: Prerequiste/Course Sequencing Structure Junior/Senior Year - All requirements of the General Business major have short prerequisite sequence so they can easily be completed over the junior/senior years Standard Track BMGT 360 or 461 (461 is restricted to students with 72 credit hours completed.) BMGT 372 or BMGT385 BMGT 392 (prereq: ECON 200 or 205), BMGT 482 (prereq: ECON 200 or 205) or BMGT496 (prereq: one course in BMGT) BMGT 353 or BMGT 450 (both have prereq: BMGT350) BMGT 332 (prereq: BMGT230) or BMGT 305 (prereq: BMGT 201) BMGT 321 (prereq: BMGT 221) or BMGT 440 (prereq: BMGT 340) Upper Level ECONs (prereq: ECON200 & 201, some options also require MATH 220/140) Entrepreneurship Track BMGT 361 or 461 (461 is restricted to students with 72 credit hours completed.) BMGT 365 (prereq: BMGT 361 or 461) BMGT 366 (prereq: BMGT 361 or 461) BMGT 465 (prereq: BMGT 361 or 461) BMGT 372 or BMGT385 BMGT 392 (prereq: ECON 200 or 205), BMGT 482 (prereq: ECON 200 or 205) or BMGT496 (prereq: one course in BMGT) BMGT 353 or BMGT 450 (both have prereq: BMGT350) Upper Level ECONs (prereq: ECON200 & 201, some options also require MATH 220/140) Course Descriptions BMGT 305 Survey of Business Information Systems and Technology (3) Introductory course for the decision and information science major. Covers the components of modern business information systems as well as the consequences of information technology on society and the environment. BMGT 321 Managerial Accounting (3) Prerequisite: BMGT 221. A study of the basic concepts of product costing and cost analysis for management planning and control. Emphasis is placed on the role of the accountant in organizational management, analysis of cost behavior, standard cost budgeting, responsibility accounting and relevant costs for decisionmaking. BMGT 332 Operations Research For Management Decisions (3) Prerequisite: BMGT 230. Surveys the philosophy, techniques and applications of operations research to managerial decision-making. Techniques covered include: linear programming, transportation and assignment models, Markov processes and inventory and queuing models. Emphasis is placed on formulating and solving decision problems in the functional areas of management. BMGT 353 Retail Management (3) Prerequisites: BMGT 220; and BMGT 350. Planning and implementing retail marketing strategy. Store and nonstore (catalog, Internet) retailing. Evaluation of how environmental trends in the consumer market, competition, the economy and technology affect retail strategy in the U.S. and global market. BMGT 360 Human Resource Management (3) The basic course in human resource management includes manpower planning, recruitment, selection, development, compensation, and appraisal of employees. Explores the impact of scientific management and unionism on these functions. BMGT 361 Entrepreneurship: Starting and Managing the Entrepreneurial Venture(3) Formerly BMGT261. Not open to students who have completed BMGT261 or 461. Credit will be granted for only one of the following: BMGT261, 361 or BMGT461. Focuses on the early development of a new venture. Topics include: idea-getting, opportunity recognition, feasibility studies, new venture financing and startup. Guest speakers and practicing entrepreneurs offer real world guidance. Restricted to students admitted into the Entrepreneurship Fellows program. BMGT 365 Entrepreneurial Finance and Private Equity (3) Prerequisite BMGT 361 or 461; Studies venture capital and private equity using a combination of cases, lectures and guest speakers. Addresses how venture capitalists provide capital to start-up firms in growing industries and how private equity markets provide capital to help established medium-sized firms (often family businesses) grow and restructure. Focuses on how financial, legal, and economic issues are dealt with in the financial contracts between venture capitalists and their limited partners and between venture capitalists (or other private equity investors) and the firms in which they invest. BMGT 366 Growth Strategies for Emerging Companies (3) Prerequisite BMGT361 or 461; Offers practical management tools that are needed to build a new venture into a significant enterprise. The competencies, strategies and structures of successful high performance businesses are studied through cases, videos and guest lecturers. Topics include leadership, internal growth strategies, merger, acquisition and franchising. BMGT 372 Introduction to Logistics and Supply Chain Management (3) The study of logistics and supply chain management involving the movement and storage of supplies, work-in-progress and finished goods. Logistics cost trade-offs with the firm and between members of the supply chain are examined. BMGT 385 Operations Management (3) Studies the design, management and improvement of a firm's processes and systems for creation and delivery of products and services. Includes strategic and operational views of supply chain, product development, and capacity analysis, highlighting the competitive advantages that operations management can provide the firm. BMGT 392 Introduction to International Business Management (3) Prerequisite: ECON 200; or ECON 205. A study of the domestic and foreign environmental factors affecting the international operations of U.S. business firms. The course also covers the administrative aspects of international marketing, finance and management. BMGT 440 Financial Management (3) Prerequisite: BMGT 340. Analysis and discussion of cases and readings relating to financial decisions of the firm. The application of finance concepts to the solution of financial problems is emphasized. BMGT 450 Integrated Marketing Communications (3) Prerequisite: BMGT 350. For BMGT majors only. Credit will be granted for only one of the following: BMGT 354 or BMGT 450. Formerly BMGT 354. In-depth study of coordinated marketing activities including advertising, sales promotion, Internet marketing, direct marketing and personal selling. Emphasizes strategic planning to effectively use these promotional tools to communicate with customers and meet marketing goals. Blends theory and current practice to provide managerial orientation. BMGT 461 Entrepreneurship (3) Not open to students who have completed BMGT261 or 361. Credit will be granted for only one of the following: BMGT261, 361 or BMGT461. Process of creating new ventures, including evaluating the entrepreneurial team, the opportunity and the financing requirements. Skills, concepts, mental attitudes and knowledge relevant for starting a new business. BMGT 465 Business Plan For The New Venture (3) Prerequisite BMGT 361 or 461; Each student focuses on the production of a business plan that will be accepted for an annual business plan competition. Business plans of sufficient quality may be submitted to attract financing. Topics include a deep review of business plan construction and its derivative short forms. BMGT 482 Business and Government (3) Prerequisite: ECON 200; or ECON 205. Focus is on the complex interrelationships between business and government. Explores areas in which business and government are allies (cooperative research and financing program) and adversaries (regulation). Emphasizes a strategic management approach by business to government involvement in economic affairs. BMGT 496 Business Ethics and Society (3) Prerequisite: one course in BMGT; or permission of department. A study of the standards of business conduct, morals, values, and the role of business in society, with consideration of the sometimes conflicting interests of and claims on the firm and its objectives. Emphasizes a strategic approach by business to the management of its external environment. ECON 305 Intermediate Macroeconomic Theory and Policy (3) Prerequisites: ECON 200; and ECON 201; and MATH 220. Analysis of the determination of national income, employment, and price levels. Discussion of consumption, investment, inflation, and government fiscal and monetary policy. ECON 306 Intermediate Microeconomic Theory (3) Prerequisites: ECON 200; and ECON 201; and MATH 220. Analysis of the theories of consumer behavior and of th firm, market systems, distribution theory and the rol of externalities. ECON330 Money and Banking (3) Prerequisite: ECON200 and ECON201. Credit will be granted for only one of the following: ECON330 or ECON430. Formerly ECON 430. The structure of financial institutions and their role in the provision of money and near money. Analysis of the Federal Reserve System, the techniques of central banks, and the control of supply of financial assets in stabilization policy. Relationship of money and credit to economic activity and the price level. ECON 340 International Economics (3) Prerequisite: ECON 200 and ECON 201. Credit will be granted for only one of the following: ECON 340 or ECON 440. Formerly ECON 440. A description of international trade and the analysis of international transactions, exchange rates, and balance of payments. Analysis of policies of protection, devaluation, and exchange rate stabilization and their consequences. Learning Outcome Plan General Business (PROGRAM OF STUDY / MAJOR / DEGREE LEVEL, ETC.) For Time Period: 3 Year Cycle Beginning Spring 2006 Program Contact: Martin Dresner Date submitted to Academic Unit Head: Phone: ext. 5-2204 E-mail: mdresner@rhsmith.umd.edu September 2, 2005 Student Learning Outcomes Assessment Criteria and Results Impact of Results Criteria: All General Business (GB) students registered in BMGT 495, Business Policies (the capstone course for business students) during the semester in which assessments occur, are required to take a two-part test. Part 1 tests their knowledge of core business disciplines while Part 2 tests their knowledge of logistics, transportation, and supply chain management. Seventy percent of students should answer, correctly, 80 percent of the questions in Part1 of the exam, and 70% of the students should answer, correctly, 80% of the questions in Part 2 of the exam. Expected Impact: Re-evaluation of the core business courses and the required courses for GB majors to determine how to strengthen the teaching of the course content. Feedback will be passed to course coordinators and follow-up meetings arranged to assess the implementation of teaching changes. (list only those assessed during this time period) 1. Students will be able to demonstrate a clear understanding of important concepts in the core business disciplines and in the field of General Business. Results: TBA 2. Students will demonstrate critical reasoning and written communication skills through the individual analysis and write-up of a business case. Criteria: All GB students are required to analyze a business case for BMGT 495 and prepare a written analysis of the case. Eighty percent of students should meet expectations (25 out of 35 available points) in an assessment of their critical reasoning and written communication skills. See attached Critical Reasoning and Written Communication grading rubric. Expected Impact: Critical reasoning and written communication skills are developed through the evaluation and write-up of business cases. In order to improve performance, increase case content in the GB curriculum and work with professors on evaluating critical reasoning and written communication skills and providing feedback to students. Results: TBA 3. Students will demonstrate their oral communication skills by presenting an analysis of a business case to their class. 4. Students will demonstrate their leadership skills by leading a class discussion on a business case. Criteria: All GB students are required to make a presentation in BMGT 495 on a business case. Eighty percent of students should meet expectations in an assessment of their oral presentation skills (18 out of 24 available points). See attached Oral Communications grading rubric. Results: TBA Expected Impact: Students improve their oral communication skills by making presentations and obtaining feedback on their presentations. In order to improve performance, increase the number of required presentations in the GB curriculum and work with professors on evaluating oral communication skills and providing feedback to the students. Criteria: After first making a class presentation on a business case, all GB students are required to lead a class discussion based on the case and the presentation. Eighty percent of students should meet expectations (12 of 18 available points) in an assessment of their skills in leading the class discussion. See attached Leadership grading rubric. Expected Impact: Students improve their leadership skills by practicing leadership roles. In order to improve performance, work with professors on developing opportunities for students to assume leadership roles, evaluating leadership skills, and providing feedback to the students. Results: TBA 5. Students will demonstrate their abilities to work effectively with other members of a team in the preparation of a group project. All GB majors are required to participate in a the completion of a group project as part of the requirements for BMGT 495. The group generally consists of 4-6 students. The group is required to analyze a business case, a major industry or a market segment. Eighty percent of students should meet expectations (10 of 15 points) in an assessment of their teamwork skills. The assessment will be made by the instructor but will, in part, be based on student evaluation of other team members. See attached Teamwork grading rubric. Expected Impact: Students improve their teamwork skills by participating in group projects. In order to improve performance, work with professors on developing opportunities for students to participate in group projects, evaluating teamwork skills, and providing feedback to the students. Results: TBA