Fisher College of Business Overview Stephen L. Mangum, Interim Dean Council of Deans, June 24, 2008 Outline • • • • • • What are we about? Who are we? Our Matrix Structure Seven Sample Characteristics of Note Fisher College Vision Selected Challenges and priority activities What are we about? • Developing leaders who create positive change in business and society. • Individualized attention, customized programming, enabling success. • Highly ranked, high impact programs set in the context of a world class mega university • Extraordinary “outside the classroom” educational experiences • Settings in which individuals make a difference and experience a difference. Who are we? • • • • • • 104 faculty (85 tenure track) 140 staff 4,747 undergraduate students 595 MBA students 186 specialized master’s students 60 Ph.D. students Our Structure (selected attributes) • Matrix Organization (academic departments and “product” lines) – Reward power to both department and academic program chairs – Differentiated teaching loads based on research productivity – Effort to accurately assess market equity via criticality and vulnerability assessment – Full costing model – Differential tuition graduate programs (and UG program fee) as “lifeblood” Numerous “product lines” : - Bachelor in Business Administration (14 separate majors) - MBA (Full-time, working professional, executive) - MBLE: Master of Business Logistic Engineering - MLHR: Master of Labor and Human Resources - MAcc.: Master of Accounting - MBOE: Master of Business Operational Excellence (launching December 2008) - Ph.D.: – in Accounting and MIS – in Business Administration – in Labor and Human Resources Undergraduate Enrollment by Major 3500 3000 Econom ics in business Real estate Logistics m anagem ent 2500 Inform ation system s Operations m anagem ent 2000 Marketing Hum an resources 1500 International business Risk & insurance 1000 Finance 500 Accounting 0 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Undergraduate Degrees Awarded 1400 1200 Number of Students 1000 800 600 400 200 0 1998 1999 2000 2001 2002 2003 Academic Year 2004 2005 2006 2007 Some Characteristics of Note… • • • • • • • Strong Research Presence High Quality Academic Programs Accomplished Centers Highly Acclaimed Career Services Well Regarded Customized Executive Education Growing Record of Cross Campus Collaboration A Tradition of Giving Back 1) A Strong Research Presence… • Academy of Management Journal, 2000 – 18th overall – – – – – • 6th for Finance 21st for Insurance & Real Estate 14th for Management Science 30th for Marketing 6th for Production/Operations Management UT-Dallas Research Ranking 2004-2006 – 19th for Accounting – 17th for Management, I.B. and Strategy 2) High Quality Academic Program Rankings… • 2nd worldwide in customized Executive Education Programs • 12th for undergraduate education (7th among public universities) • 14th worldwide for Executive MBA • 22nd for full-time MBA (7th among public universities) • 3rd nationally among schools with strong regional recruiting bases • 10th for Master of Accounting 3) Accomplished Centers with research and outreach missions… • • • • • • • • • Center for Entrepreneurship Center for Operations Excellence Center for Business Performance Management Center for International Business Education and Research Center for Real Estate Education and Research Charles A. Dice Center for Financial Economics Initiative for Managing Services Global Supply Chain Forum Nationwide Center for Advanced Customer Insights (coming on line soon) 4) Highly Acclaimed Career Services… • 12 Staff (FTE) and 10 GAs: – Provide on-campus relationship management services to approximately 400 companies and virtual recruiting services to approximately 1,000 companies annually. Corporate Sponsorship Program provides preferred access to key recruiting events. – Provide individual counseling and extensive web-based resources to students on job search strategies. – Coordinate job fairs, internships and post-graduate employment. – Collaborate with faculty in coordinating numerous off-campus recruiting opportunities– Chicago, New York City, London, etc. Strong employment results… • Average starting salary: $44,324 B.S.B.A.; $88,000 FT MBA • 98% of 2007 MBA graduates and 81% of B.S.B.A. graduates employed within 90 days of graduation • Main employment fields: Consulting, Corporate Finance, Marketing, Operations Management • B.S.B.A: 43% found jobs in Columbus area, 58% in Ohio; MBA: 13% international job acceptances 5) Well Regarded Customized Executive Education Programs… • In 2007, 84 programs for over 3500 managers – customized education and training programs at multiple levels of the organization (senior executives to line managers) – unique relationships with faculty experts possessing in-depth knowledge about specific industries – increasing the quality of internal talent pipelines Representative Companies Served in Customized Programs… • Alliance Data • American Electric Power • The Andersons • Chase Manhattan • Chemical Abstracts • Children's Hospital • Coca Cola • FBI • • • • • • • • • Huntington Lifestyle Communities Limited Logistics Maersk Logistics Nationwide OCLC Ross Heart Hospital Textron TODCO 6) Growing record of Cross Campus Collaborations… • Master’s in Business Logistics Engineering • Entrepreneurship Minor • Regional Campus General Business Major (BSBA) • Joint Programming: MBA/JD, MBA/MD, MBA/MHA, MBA/PharmD, MLHR/M.A.Higher Ed. • Master of Engineering (in process) 7) A Living Tradition of Giving Back… (examples) • Fisher Board Fellows and Social Enterprise initiative • Fisher/OSU VITA Low Income Tax Clinic: free tax preparation services targeted at low income, EITC eligible populations. • Fisher Serves: 150 students invested 1,000 hours in community service projects • Fisher Professional Services: Graduate student consulting operation serving businesses, university entities, non-profits. Fisher College Vision • The Fisher College of Business is an international leader in management education through cutting edge knowledge creation and the delivery of creative programs producing highly valued professionals for the worldwide business community. • The programs of the college will be consistently evaluated among the top five of those located at major public research universities and among the top 15 of those found at all universities, while measures of research reputation in key disciplines will also consistently achieve top 15 rankings. Selected Current Challenges and Priority Activities… • Rightsizing faculty count relative to product lines and student enrollment relative to benchmark and aspirant schools. • Enlarging the geographical and financial “footprint” of Fisher Executive Education. • Further internationalizing Fisher • Expanding cross campus collaborations • Moving from “success to significance” Questions?