MASTER OF BUSINESS ADMINSTRATION PROGRAM ASSESSMENT PLANS & REPORT: AY 2013-2014 Program Rationale/Purpose Statement: The Tiffin University MBA strives to prepare students for careers in a wide spectrum of business enterprise. The program focuses on the development of managerial competencies related statistics, accounting, economics, finance, computer information, policy, ethics, law, globalization, and marketing. In addition, the program focuses on self-actualization of a higher level of learning. Marketing / Recruitment Target Statement: Tiffin University’s School of Business has established a global presence in Europe, Asia, and India. The School of Business has been granted discipline accreditation by the Accreditation Council for Business Schools and Programs (ACBSP) and the European Council for Business Education (ECBE). Students are enrolled in seated and/or online degree programs. While the United States is the predominant location for MBA students, there is a growing abundance of students residing in international locations. In addition, a majority of MBA students work fulltime while taking classes. Program Learning Outcomes: Goals of the Program/Corresponding Classes: MBA students will demonstrate proficiency in understanding business policies and practices related to sub-categories of quantitative and managerial competencies [ethics, government, marketing, globalization, accounting, economics, statistics, finance, and information technology]. Major Field Test MBA graduates will identify and apply tools and technology to solve quantitative problems and make decisions based on the information they generate. ACC512 MBA graduates will recognize, interpret, and plan for the challenges of conducting business in local and global environments by applying relevant laws and ethical theories, management functions, policies, and marketing practices. MGT623 Program Executive Summary: Section One: Describe all department activities with respect to improving student learning in the major. This may include new faculty hires, course revisions, assignment creation, rubric revisions, goal evaluations, etc. Section Two: Describe which program goal(s) in the Major Program Plan was assessed during the academic year. Section Three: Describe analysis of assessment data and action plans for upcoming academic year. Intended Outcomes/Assessment Criteria: Intended Outcomes 1: (D – Career Readiness) MBA students will demonstrate proficiency in understanding business policies and practices related to sub-categories of quantitative and managerial competencies [ethics, government, marketing, globalization, accounting, economics, statistics, finance, and information technology]. Assessment Criteria: MBA graduates taking the ETS MBA Major Field Test will score in the 50th percentile in the overall score as well as on the sub-scores. Section One - Activity Statement: Section Two - Results of Outcomes Activity: 2012-2013 Met/Not Met Data Details N/A 2013-2014 Met/Not Met Data Details N/A Section Three - Analysis and Action Plans: 2012-2013: After the piloting of this instrument in MGT 622 it was decided to implement the use of the Major Field Test in the 2013-2014 academic year in every section of MGT 622. The results will be compared to the national averages (benchmarks with IVY Software data-our vendor for the MFT) to gain comparable data to determine how TU fares compared to other MBA programs. 2013-2014: After experiencing major difficulties in the offering of the Major Field Test and operational software, it was decided to postpone this assessment until the 2014-2015 Academic Year. Intended Outcomes 2: (D – Career Readiness – Program Specific / D – Quantitative Reasoning) MBA graduates will identify and apply tools and technology to solve quantitative problems and make decisions based on the information they generate. Assessment Criteria: 75% of students will achieve 90% or higher on the Accounting Cost System Exam in ACC512. Section One - Activity Statement: Section Two - Results of Outcomes Activity: 2012-2013 Met/Not Met Data Details Not Met 125 students took the Accounting Cost System Exam, 61.6% met the standard. 2013-2014 Met/Not Met Data Details Not Met 132 students took the Accounting Cost System Exam, 62.1% met the standard. Section Three - Analysis and Action Plans: 2012-2013: We will continue to use the same assessment tool and work with faculty to improve overall results. 2013-2014: Overall results continue to be poor. Additional full-time faculty have been added to the Accounting Program. Review of enrollment and admission data combined with evaluation of MBA Prep courses (MGT 505 and 506) will occur. Intended Outcomes 3: (D – Career Readiness – Program Specific / D – Writing Abilities) MBA graduates will submit an assignment focusing on business in local and global environments considering relevant laws and ethical theories, management functions, policies, and when applicable, marketing practices. Assessment Criteria: 75% of students will achieve 90% or higher on the Legal and Ethical Issues Major Paper in MGT623. Section One - Activity Statement: Section Two - Results of Outcomes Activity: 2012-2013 Met/Not Met Data Details Met 231 students wrote the Legal and Ethical Issues Paper, 78% met the standard of 90% or higher 2013-2014 Met/Not Met Data Details Met 242 students wrote the Legal and Ethical Issues Major Paper, 80.1% met the standard of 90% or higher. Section Three - Analysis and Action Plans: 2012-2013: The assessment tool will continue to be used. Faculty will work to improve overall results. Data does not exist for any of the international programs. We will work with the Associate Dean of International Programs to include this data for next year. 2013-2014: International Program data continues to be an issue and concern will be addressed this year. Assessment tool continues to show positive results and improvement.