03/10/2014 03:45pm – FNSBSLW Department Meeting
Monday, March 10, 2014
3:45pm
FNBSLW Department meeting minutes
Attendance
Steve Fan
X David Porter
Gene Toboyek
Rashiqa Kamal
X Linda Reid
Curt Weber
Pascal Létourneau
X Jonathan Saffold
Linda Yu
Hamid Moini
Phillip Seagraves
X Yuan Yuan
Scott Opsal
X Joel Schleusner
La Jianzhou Zhu
Peggy Kuchan
(X : Present, P: over phone, La : Late arrival, Le : Leave before the end)
Meeting starting at 3:48
1. Applied Investments Program update
a. UWW Foundation put money in the applied fund.
b. The applied fund also received two outside gifts.
c. The foundation is considering implementing a matching grant program.
d. The current value of the fund is over to $360k.
2. Course proposal
a. Gene present his course proposal:
i. 401 should change of name from Financial Planning to the Essentials of
Financial Planning to avoid confusion with the new advanced class.
ii. 402 Applied Retirement and Financial Planning would be a new course
iii. 341 should be removed from prerequisite of 401.
iv. The current Requisite Chain is: 344 -> 345 -> 401 -> 402
1. Which is difficult to complete in a timely fashion
2. It would be proposed to have 345 be a CO-requisite of 401.
3. That would let students some flexibility to complete the program.
v. 402 would meet the criteria of “business case class” for Certified Financial
Planner (CFP).
vi. 402 should complete the offer of education so students can take a CFP exam
after.
b. 402 would be offered only in spring (at least for now).
c. There are 12-15 financial planning students on average.
d. Motions:
i. Make 345 a pre- or co-requisite of 401.
ii. New course proposal for 402.
iii. Make the new proposed course 402 a requirement (adding to 401, 446) for the
Financial Planning Emphasis
iv. All adopted.
3. Assessment and Audit and Review
X
X
X
X
X
a.
b.
c.
d.
Last Audit – Review was in 2010.
Next Audit – Review in 2 years.
Discussion about creating an Assessment Committee
Motion to create an Assessment Committee
i. Adopted
e. Pascal Létourneau will chair the committee and come with committee member for the
next department meeting.
4. S&S
a. Need to hire a staff member to cover next year as a replacement of the leaving Faculty.
i. Rashiqa Kamal and Gene Toboyek offered to sit on the committee
ii. We still need to elect a Chair for the search committee.
b. Need to create a committee to prepare for FMA meeting next October 2014 for a
replacement.
i. Rashiqa Kamal offers to Chair the search committee for Faculty
ii. Yuan Yuan and Pascal Létourneau offered to sit on the committee.
5. Department goals
a. Department goals were presented and discussed.
6. Advisory board meeting
a. Coming up in May.
b. We have to decide on a date
c. Please email Linda on your availabilities for either April 25th or May 2nd.
i. Also which topic we should present.
7. Other
Meeting was adjourned at 5:05 pm.