Report

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OFFICE OF ASSESSMENT AND ACCREDITATION
GOAL ASSESSMENT REPORT: AY 08/09
MAJOR: BBA - Finance
Section One: Describe all department activities with respect to improving student learning.
This degree prepares students to make integral financial decisions for private and public organizations. Students
are educated for financial positions in manufacturing, retailing as well as the financial industry (banking,
insurance and financial planning).
Section Two: Describe which program goal(s) in the Major Program Plan was assessed during the academic
year.
Intended Outcome 1:
Ensure that all Finance majors are exposed to coursework that require analytical skills
Assessment Criteria:
At least 50% all Finance course exams and term papers will require the use of financial analysis quantitative
techniques.
Results of Outcomes Activity:
2008-2009
Met/Not Met
Met
Data Details
The portion of examinations requiring quantitative skills were
FIN314-Risk and Risk Management-90%, FIN421-Investments65%.
Intended Outcome 2:
Student will develop an understanding of how financial markets work
Assessment Criteria:
80% of students will have “B” or better on the final examination involving computation of market equilibrium
solution questions.
Results of Outcomes Activity:
2008-2009
Met/Not Met
Not Met
Data Details
FIN314 Risk and Risk Management: Results: 7 of 11
(64%) of students received “B” or better on the final
examination quantitative measures involving market
equilibrium
Met
FIN421-Investments.10 students of students 12
students received (83%) received “B” or better on the
final examination quantitative measures
Intended Outcome 3:
Student will develop an understanding of how business and investors measures and manages the tradeoff
between risk and return
Assessment Criteria:
80% or more students in FIN 314 will achieve a score of “B” or better on the final examination. 80% of
students in FIN 421 will achieve a “B” or better on their managed portfolio paper.
Results of Outcomes Activity:
2008-2009
Met/Not Met
Met
Data Details
FIN314 Risk and Risk Management: Results: 7 of 11
(64%) of students received “B” or better on the final
examination quantitative measures involving market
equilibrium
Met
FIN421-Investments.10 students of students 12
students received (83%) received “B” or better on the
final examination quantitative measures
Intended Outcome 4:
Students will develop an understanding of negotiable instruments and the role these instruments play in
facilitating transactions in the market place.
Assessment Criteria:
One of the exams administered in Law 212 Business Law II will focus on the students understanding of
negotiable instruments with a standard that 80% of the students will earn a grade of 70% (C) or better on the
exam.
Results of Outcomes Activity:
2008-2009
Met/Not Met
Met
Data Details
LAW212-97% of the students, (33 out of 34)
enrolled in LAW212 Business Law II Section 01 in
the Spring 2009 semester earned a grade of 70% (C)
or better on the negotiable instruments exam
administered during the Semester.
Section Three: Describe analysis of assessment data and action plans for upcoming academic year.
Analysis and Action Plans:
While some of the criteria were met two specific areas were not. Less than the targeted number of students
received a “B” or better on the final examination quantitative measures involving market equilibrium. In the
future alternative ways to explain this concept and have students show their competence in this area will be
sought. Generally students continue to struggle with quantitative concepts in the finance curriculum as well as
across other disciplines in and outside of business. A renewed attempt will be made to improve the quantitative
skills of students.
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