AY 2014-2015 ACADEMIC PROGRAM REVIEW SELF-STUDY TEMPLATE
Reporting School/College: Tobin College of Business
Program Reviewed: Business (Risk Management and Insurance) MBA M
Date Submitted to Department/Division Chair:
Overview and Program Review Summary: Please summarize this program’s mission and its relationship to the vision
and mission of St. John’s University, and the program’s School/College. Identify similar programs regionally and
nationally and distinguish this program from them. In addition, summarize your findings as they relate to (1) program
quality, (2) market growth potential, and (3) student learning. Also, summarize any significant changes, achievements
(by faculty and students and the program itself), and plans for the future. Finally, based on the information gleaned
from the data in the self-study, give an overall rating of the program’s Enrollment/Market Potential by categorizing it as
one of the following: (1) Enhance; (2) Maintain; (3) Reduce support, Phase out, Consolidate, or Discontinue.
(Suggested limit 1 page)
STANDARD 1. The purpose of the program reflects and supports the strategic vision and mission of St. John’s
University, and the program’s School/College.
1a.
What evidence can you provide that demonstrates that the program embodies the Catholic, Vincentian, and
metropolitan identity of St. John’s University? www.stjohns.edu/about/out-mission. (Suggested limit 1/3 page)
1b.
What evidence can you provide that demonstrates that the program embodies the University’s vision.
www.stjohns.edu/about/out-mission/vision-statement. (Suggested limit 1/3 page)
1c.
What evidence can you provide that demonstrates that the program embodies the vision and mission of the
program’s School/College? (Suggested limit 1/3 page)
Standard 1.
Additional comments if needed. (Suggested limit 1 page)
STANDARD 2. The program attracts, retains, and graduates high quality students.
2a.
Undergraduate SAT and High School Average
Not Applicable
2b.
Undergraduate 1st Year Retention Rate
Not Applicable
2c.
Undergraduate 6 Year Graduation Rate
Not Applicable
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
Self-Study Template 1
2d.
Graduate Standardized Test Scores
Fall
2005
2006
2007
2008
2009
School/College
Average Rate
508
511
507
522
545
Regional Comparison
N/A
N/A
N/A
N/A
N/A
National Comparison
N/A
N/A
N/A
N/A
N/A
Program
Fall 2010
Business Administration Risk Management and Insurance
MBA
Fall 2010
Peter J.Tobin Coll of Bus-Grad
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
M
550
Fall 2011
540
Fall 2011
592
Fall 2012
563
Fall 2012
Fall 2013
550
507
Fall 2013
549
542
Self-Study Template 2
General test percentage distribution of scores within intended graduate major field that is based on the profile of GMAT
candidates, 2011-12.
GMAT®
Degree Pursued
Gender
2010-11
2011-12
Master's in Business
Administration (MBA)
Men: Number
86,926
94,833
555
560
50,694
56,554
516
523
Mean Total
Score
Women:
Number
Mean Total
Score
Total: Number
Mean Total Score
137,620
151,387
541
546
2e.
Please describe how the program compares with peer and aspirational institutions.
(Suggested limit 1/2 page)
2f.
If applicable, describe the program’s student performance over the past five years on licensure or professional
certification exams relative to regional and national standards. (Suggested limit 1/4 page)
2g.
Number of majors and minors enrolled over the past five years. See table below.
Fall
Number of Students
2005
2006
2007
2008
2009
Majors
31
33
23
27
32
Minors
0
0
0
0
0
Total
31
33
23
27
32
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
Self-Study Template 3
BUS (RMI)
2h.
Fall 2010
Fall 2011
Fall 2012
Fall 2013
Majors
Majors
Majors
Majors
MBA
34
27
22
15
Number of degrees granted during the past five years. See table below.
Academic Year
Degrees
Granted
04/05
05/06
06/07
07/08
08/09
MBA
7
7
14
8
10
TCB-GR
Risk MGT & INSUR
MBA
10/11
11/12
12/13
Degrees
Conferred
Degrees
Conferred
Degrees
Conferred
15
15
11
Below is comparison degrees conferred data for local and national institutions based on data retrieved from the IPEDS
website. This is based on the Classification of Instructional Program (CIP) Code of 52-Business, Management, Marketing,
and Related Support Services.
20092010
20102011
20112012
Master's
Local
4,898
5,532
5,719
National 177,684 187,213 191,571
1
Local institution include: Adelphi University, Columbia University, CUNY Queens College, Fordham University,
Hofstra University, Iona College, C.W. Post University, Manhattan College, New York University, Pace University,
Seton Hall University, Stony Brook University, and Wagner College.
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
Self-Study Template 4
Comments : Based on the data in 2g and 2h, how do these trends compare to institutional, regional and national
patterns? (Suggested limit 1/2 page)
2i.
What mechanisms are in place to monitor students’ progress toward degree? And, to what extent is there a
collaborative effort to provide quality advising and support services to students? (Suggested limit 1/4 page)
2j.
If available, provide information on the success of graduates in this program as it relates to employment or
attending graduate school. (Suggested limit 1/4 page)
2k.
Please comment on the students’ competencies in the program. Support your response using data provided
below and any other data available. (Suggested limit 1/3 page)
Standard 2.
Additional comments if needed: (Suggested limit 1 page)
STANDARD 3. The program engages in ongoing systematic planning that is aligned with the University and
School/College planning, direction, and priorities.
3a.
How does your program’s strategic goal/objectives link to your School/College plan and the University’s strategic
plan? http://www.stjohns.edu/about/leadership/strategic-planning
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Self-Study Template 5
3b.
What is the evidence of monitoring the external and internal environments, specifically what are the strengths,
weaknesses, opportunities and threats facing the program? How were they identified? What actions have been taken
in response to these findings? What characteristics of the program suggest a competitive edge against other programs
regionally and nationally?
3c.
What is the current and future market demand for the program? Support your response using the data
provided below or any other internal or external sources to justify your response.
Fastest growing occupations and occupations having the largest numerical increase in employment by level of education
and training projected.
Change, 2010-20
Fastest Growing Occupations
Percent
Numeric
Financial Analysts
23%
54,200
Accountant and Auditors
16%
190,700
Financial Managers
9%
46,300
Occupations having the
largest numerical increase
in employment
Accountant and Auditors
Change, 2010-20
Percent
Numeric
16%
190,700
Projected Changes in Related Occupations (2010 – 2020)
Changes, 2010-20
Grow Much Faster Than Average - Increase 21% or More %
Financial Analysts
Percent
Numeric
23%
54,200
Changes, 2010-20
Grow faster than average - Increase 15 to 20.9%
Percent
Accountant and Auditors
Numeric
16%
190,700
Changes, 2010-20
Grow About as Fast as Average - Increase 7 to 14.9%
Financial Managers
Percent
Numeric
9%
46,300
*For more information please visit: http://www.bls.gov/news.release/ecopro.toc.htm
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
Self-Study Template 6
Standard 3.
Additional comments if needed: (Suggested limit 1 page)
STANDARD 4. The program provides a high quality curriculum that emphasizes and assesses student learning and
engagement.
4a.
Please indicate how the program curriculum is in alignment with the following three items:
(Suggested limit 1/2 page for each of the three categories below)
1. Standards within the discipline
2. Curriculum integrity, coherence, academic internships, teaching excellence, teaching vibrancy, and study
abroad experiences.
3. The University Core competencies
4b.
The syllabi for the courses within this program incorporate the suggested elements of a syllabus – an example of
which can be found at the following St. John’s University Center for Teaching and Learning link. (Suggested limit 1/3
page) http://stjohns.campusguides.com/content.php?pid=71651&sid=984766
4c.
Describe the assessment model currently in place for the program and indicate the extent to which disciplinary
and core knowledge, competence, and values are met, as well as findings and action plans for improvement. For
reference, visit WeaveOnline – https://app.weaveonline.com//login.aspx; Digication – https://stjohns.digication.com
(Suggested limit 1/2 page)
4d.
What, if any, external validations, e.g. specialized accreditations, external awards, other validations of quality
has the program received? (Suggested limit 1/3 page)
Standard 4.
Additional comments if needed. (Suggested limit 1 page)
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
Self-Study Template 7
STANDARD 5. The program has the faculty resources required to meet its mission and goals.
5a.
Below you will find the number of students enrolled as majors and minors in the program. Please complete the
table by adding the number of full-time faculty assigned to the program. Then calculate the student to full-time faculty
ratio.
# Majors/
FT Faculty
Majors
Minors
Fall 2005
FT
PT
Total
11
20
31
0
Majors
& Minors
Combined
11
20
# of FTE
Students
(Majors &
Minors)
11.00
6.67
# of FTE
Faculty
assigned to
the program
FTE Student/
FTE Faculty
Ratio
# of Total
FTE Faculty
in the
Department
Fall 2006
FT
PT
Total
7
26
33
0
Fall 2007
FT
PT
Total
7
16
23
0
Fall 2008
FT
PT
Total
7
20
27
0
Fall 2009
FT
PT
Total
20
12
32
0
31
7
26
33
7
16
23
7
20
27
20
12
32
17.67
7.00
8.67
15.67
7.00
5.33
12.33
7.00
6.67
13.67
20.00
4.00
24.00
0.48
0.66
0.51
0.56
0.71
37.09
23.74
24.17
24.34
33.89
6
7
7
7
7.33
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
Self-Study Template 8
Fall 2010
F
Fall 2011
P
Majors
MAJORS
Total
18
FTE MAJORS
P
Total
F
P
Fall 2013
Total
16
34
14
13
Fall 2011
27
9
13
Fall 2012
22
P
Total
P
Total
F
P
Total
F
P
Total
F
P
Total
FTE
FTE
FTE
FTE
FTE
FTE
FTE
FTE
FTE
FTE
FTE
FTE
5.333 23.333 14
4.333 18.333
9
Fall 2010
5
10
15
Fall 2013
F
18
F
Majors Majors Majors Majors Majors Majors Majors Majors Majors Majors Majors
Fall 2010
Total
F
Fall 2012
4.333 13.333
Fall 2011
5
3.333 8.333
Fall 2012
Fall 2013
# of FTE faculty assigned to the
program
FTE Student/FTE Faculty Ratio
Important Notes:
FTE Students = Number of FT Students + (number of PT Students/3)
FTE Faculty = Number of FT Faculty + (number of PT Faculty/3)
This methodology is used by SJU for all external reporting.
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
Self-Study Template 9
5b.
Below you will find the credit hours the department has delivered by full-time faculty and part-time faculty
(including administrators) and the total credit hours consumed by non-majors.
Credit Hours
Fall 2005
Taught
#
792
Fall 2006
Fall 2007
Fall 2008
Fall 2009
%
#
%
#
%
#
%
#
%
100%
1080
100%
1104
98%
1203
100%
933
94%
0%
0
0%
18
2%
0
0%
57
6%
100%
1080
100%
1122
100%
1203
100%
990
100%
FT Faculty
PT Faculty
0
Total
792
% consumed
by
Non-Majors
48%
Credit Hrs
Taught
32%
Fall 2010
17%
Fall 2011
Fall 2012
Number
Percent
Number
Percent
Number
Percent
F-T Faculty
1,341
100.0%
1,230
100.0%
1,374
100.0%
P-T Faculty (inc
Admin)
-
0.0%
-
0.0%
0.0%
Total
% Consumed
by Non-Majors
1,341
100%
-
0.0%
0.0%
1,230
100%
1,374
100%
Fall 2011
Fall 2012
213
228
412
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
18.5%
30.0%
17%
Fall 2013
Number
1,239
Percent
100.0%
-
0.0%
0.0%
Fall 2010
15.9%
18%
0.0%
1,239
100%
Fall 2013
426
34.4%
Self-Study Template 10
5c.
Below you will find the number of courses the department has delivered by full-time faculty and part-time
faculty (including administrators).
Courses
Fall 2005
Fall 2006
Fall 2007
Fall 2008
Fall 2009
Taught
#
%
#
%
#
%
#
%
#
%
FT Faculty
14
100%
15
100%
17
100%
14
100%
13
93%
PT Faculty
0
0%
0
0%
0
0%
0
0%
1
7%
Total
14
100%
15
100%
17
100%
14
100%
14
100%
Courses Taught
Fall 2010
Number
F-T Faculty
Fall 2011
Percent
Number
Fall 2013
Percent
Number
Percent
Number
Percent
15
100.0%
19
100.0%
19
100.0%
17
100.0%
-
0.0%
-
0.0%
-
0.0%
-
0.0%
P-T Faculty (inc Admin)
0.0%
Total
Fall 2012
15
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
100%
0.0%
19
100%
0.0%
19
100%
0.0%
17
100%
Self-Study Template 11
5d.
What is the representative nature of faculty in terms of demographics, tenure and diversity? (See departmental information on next
page). How well does this support the program? (Suggested limit 1/2 page)
FT
#
%
2005
PT
# %
Total
FT
#
%
2006
PT
# %
Total
FT
#
%
2007
PT
# %
Total
FT
#
%
2008
PT
# %
2009
Total
FT
#
%
PT
#
%
Total
Gender
Male
Female
Total
6
0
6
100%
0%
100%
6
0
6
7
0
7
100%
0%
100%
7
0
7
7
0
7
100%
0%
100%
7
0
7
7
0
7
100%
0%
100%
7
0
7
7
0
7
100%
0%
100%
1
0
1
100%
0%
100%
8
0
8
Ethnicity
Black
Hispanic
Asian
White
Unknown
Total
1
0
3
2
0
6
17%
0%
50%
33%
0%
100%
1
0
3
2
0
6
1
0
2
4
0
7
14%
0%
29%
57%
0%
100%
1
0
2
4
0
7
1
0
3
3
0
7
14%
0%
43%
43%
0%
100%
1
0
3
3
0
7
1
0
3
3
0
7
14%
0%
43%
43%
0%
100%
1
0
3
3
0
7
1
0
3
3
0
7
14%
0%
43%
43%
0%
100%
0
0
0
1
0
1
0%
0%
0%
100%
0%
100%
1
0
3
4
0
8
Tenure Status
Tenured
Tenure-Track
Not Applicable
Total
3
2
1
6
50%
33%
17%
100%
3
2
1
6
4
1
2
7
57%
14%
29%
100%
4
1
2
7
4
1
2
7
57%
14%
29%
100%
4
1
2
7
4
1
2
7
57%
14%
29%
100%
4
1
2
7
4
1
2
7
57%
14%
29%
100%
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
4
1
2
7
Self-Study Template 12
2010
FT
2011
PT
#
%
7
100%
#
Total
%
FT
PT
#
%
7
7
88%
0
1
13%
7
8
14%
1
1
0%
0
43%
3
0%
0
43%
3
0%
0
#
2012
Total
%
FT
PT
#
%
7
8
89%
1
1
11%
8
9
13%
1
1
0%
0
38%
3
0%
0
50%
4
0%
0
#
2013
Total
%
FT
PT
#
%
9
90%
1
1
10%
9
10
11%
1
1
0%
0
33%
3
0%
0
56%
5
0%
0
#
Total
%
Gender
Male
Female
Total
0%
7
0
0
8
0
9
1
0
10
Ethnicity
Black
1
Hispanic
Asian
American Indian/Alaskan
Native
3
White
3
3
4
3
5
3
6
10%
1
0%
0
30%
3
0%
0
60%
6
0%
0
2 or More Races
Native Hawaiian/Pacific
Islander
Unknown
Total
7
0
7
8
0
8
9
0
9
10
0
10
Tenure Status
Tenured
4
57%
4
5
63%
5
5
56%
5
6
60%
6
Tenure-Track
1
14%
1
1
13%
1
2
22%
2
2
20%
2
Not Applicable
2
29%
2
2
25%
2
2
22%
2
2
20%
2
Total
7
7
8
8
9
9
10
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
10
Self-Study Template 13
5e.
What evidence exists that the program’s faculty have engaged in research and scholarship on teaching and/or
learning in the program’s field of study? (Suggested limit 1/2 page)
5f.
What initiatives have been taken in the past five years to promote faculty development in support of the
program? (Suggested limit 1/2 page)
5g.
The table below shows the amount of external funding received by the department. If available, please provide
the dollar amount of externally funded research for full-time faculty supporting the program under review. (Program
dollar amounts are available through departmental records.)
Fiscal Year
External
Funding
04/05
05/06
06/07
07/08
08/09
$ Amount
Program
$ Amount Department
External
Funding
Fiscal Year
09/10
10/11
11/12
12/13
-
-
-
6,000
$ Amount
Program
$ Amount
Department
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
Self-Study Template 14
5h.
Please comment on the table below that shows trends in overall course evaluation and instructional vibrancy for
your program (if available), your college and the university. (Suggested limit ½ page)
Overall Evaluation (Spring)
2011
2012
2013
Risk
Management
& Insurance
(M)
Tobin College
of Business
Total Graduate
Instructional Vibrancy (Spring)
2011
2012
2013
-
-
-
-
-
-
4.09
4.24
4.25
4.36
4.49
4.50
4.14
4.16
4.30
4.37
4.39
4.52
Note: Institutional Vibrancy is the average of the first 14 questions on the course evaluation, with questions pertaining
to course organization, communication, faculty-student interaction, and assignments/grading. All course evaluation
questions range from 1 (Strongly Disagree) to 5 (Strongly Agree).
5i.
What percentage of full time faculty assigned to this program have terminal degrees or industry certifications
renewed within the past 2 years? Comment. (Suggested limit 1/3 page)
Standard 5.
Comments: Indicate to what extent the program has the faculty resources required to meet its mission
and goals. Include references from 5a – 5i. (Suggested limit 1 page)
Standard 5.
Additional comments if needed. (Suggested limit 1 page)
STANDARD 6. The program has adequate resources to meet its goals and objectives. And, it is cost-effective.
6a.
Narrative/Supportive Technological Environment - Comment on classrooms and labs meeting industry-standards
for quality and availability of hardware, software, and peripherals; library space, holdings and services; science
laboratories, TV studios, art/computer graphic labs; etc. (Suggested limit 1 page)
TCB_SRM_BUS_(INSRISK.MGMT)_MBA_M
Self-Study Template 15
6b.
Narrative/ Supportive Physical Environment - Comment on level of faculty and student satisfaction with HVAC;
faculty and student satisfaction with classroom lighting, crowdedness, and acoustics; flexible teaching environments,
and faculty offices, etc.. (Suggested limit 1 page)
6c.
To what extent has the University funded major capital projects, e.g., renovations, which are linked directly to
the program during the past five years? (Bulleted list)
6d.
If external data that describes the cost effectiveness of the program has been provided by your School/College
Dean, please comment on the program’s cost-effectiveness. (Suggested limit 1 page)
Standard 6.
Additional comments if needed. (Suggested limit 1 page)
STANDARD 7. Effective actions have been taken based on the findings of the last program review and plans have
been initiated for the future.
Comments: (Suggested limit 1page)
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Self-Study Template 16