Course Outcome Assessment for Upper Division Global Learning Courses Faculty Name: Badi Sabet Course: FIN 4634, International Banking Academic Unit: College of Business Administration Degree Programs: Finance, International Business Global Learning Student Learning Outcome Addressed Global Awareness: Students will 1. be able to demonstrate knowledge of the interrelatedness of local, 2. global, international, and 3. intercultural issues, trends, and 4. systems. 5. Course Learning Outcome Students will be able to: Semester Assessed: Spring 2013 Assessment Method Assessment Results Assessment Activity/Artifact: Students were assigned two cases from Harvard Business School and the University of Hong Kong, Asia Case Research Center. Total No. of Students: 121 Case #1: Minsheng Bank: Penetrating the US Market Through Acquisition. Questions: 1. How does government regulation affect a bank’s expansion in the global market? What are the possible strategies to deal with those constraints? 2. Evaluate Minsheng’s global expansion strategy. How should Minsheng position itself to compete in the global banking industry? 3. Will the investment in the US enable Minsheng to know more about US banking practices that can be applied to the Chinese market? DR: 26 students FO: 1 students Late Drop: 3 students Total No. of Students Assessed: 91 Total Number Excellent: 75 Total Number Acceptable: 11 Total Number Unacceptable: 5 Exhibit Case #2: Korea First Bank. Questions: 1. Why did the Korean choose Newbridge Capital over HSBC? 2. Was this a good deal for Newbridge Capital? For the Korean Government? For Korea First Bank? Evaluate the timing of the sale. Two Essays: Essay #1: HSBC and Money Laundering. Questions: 1. What was the nature of the scandal, and which entities were laundering money? 2. Who is responsible for this scandal? 3. Who regulates money laundering activity domestically and internationally? 4. What action does HSBC need to take to fix the problem? knowledge of the major cultural, economic, social and legal environments 1. 2. faced by organizations in global markets 3. 4. 5. Identify and assess the need 1. for and justify the advantages 2. 3. accruing from expanding into 4. international markets 5. 6. Essay #2: LIBOR Debacle/Scandal. Questions: 1. What is LIBOR, and who sets the rate? 2. What was the nature of the scandal? 3. What are the consequences for lending activity worldwide and what entities are affected? 4. Recommend punishment for the responsible parties. Discussions. The purpose is to familiarize the students with the evolution of the banking system and the major events and entities that contributed to the said evolution. Students must provide feedback through Discussion Forum to three different submissions. 1. Knight Templars. 2. Fuggers. 3. Rothschilds. 4. Medicis. 5. J.P. Morgan. 6. BCCI. Three Articles. It is recommended that students read the following articles and provide their thoughts and feedback to the rest of the class through Discussion Forum (optional). Article 1: Islam, globalization and economic performance in the Middle East. Article 2: BCCI, the CIA and Foreign Intelligence. 1 Course Outcome Assessment for Upper Division Global Learning Courses Faculty Name: Badi Sabet Course: FIN 4634, International Banking Academic Unit: College of Business Administration Degree Programs: Finance, International Business Global Learning Student Learning Outcome Addressed Assessment Method Semester Assessed: Spring 2013 Assessment Results Article 3: Third World Debt Undermines Development, Causes of the Debt Crisis. Oral Presentation: Student can select a topic and, with the approval of the professor, make a 10-minute oral presentation to improve public presentation capability. Evaluation Process: Rubric which describes the requirements for acceptable performance Minimum Criteria for Success: A score of Acceptable on Global Learning rubric where students demonstrate that they can: Exhibit adequate knowledge of the major cultural, economic social and legal environment faced by multinational organizations and incorporate this knowledge into analyses and discussion Analyze business opportunities from a global perspective and appreciate the need and advantages of expanding into international markets but is conservative in estimates and likely potential. All students were assessed. Use of Results for Improving Student Learning Based on the previous student learning objective recommendation that students needed to be able to make better decisions and extrapolate the information from the case and other course materials, hence improving their analytical ability and decision making process, the recommendation was to encourage students to form a study group for case analysis. A large percentage of the students implemented my recommendation and participated in providing feedback to the discussions, and 50 students read the articles and provided feedback through Discussion Forum to the rest of the class. As far as the grading criteria are concerned, this class performed approximately the same in receiving grades of A and A-, but students who received B and B+ exceed those of the fall 2012 class. Furthermore, the future objective would be to encourage full class participation in the group study for all course assignments, to include cases, essays, discussions and oral presentations. 2 Course Outcome Assessment for Upper Division Global Learning Courses Faculty Name: Badi Sabet Course: FIN 4634, International Banking Academic Unit: College of Business Administration Degree Programs: Finance, International Business Global Learning Student Learning Outcome Addressed Global Perspective: Students be able to conduct a multiperspective analysis of local, global, international, and intercultural problems. Course Learning Outcome Students will be able to: Assessment Method Assessment Activity/Artifact: Two Essays: will6. Essay #1: HSBC and Money Laundering. Questions: 7. 1. What was the nature of the scandal, and which entities were laundering money? 8. 2. Who is responsible for this scandal? 9. 3. Who regulates money laundering activity domestically and internationally? 10. 4. What action does HSBC need to take to fix the problem? 7. 8. Essay #2: LIBOR Debacle/Scandal. Questions: 9. 1. What is LIBOR, and who sets the rate? 10. 2. What was the nature of the scandal? 11. 3. What are the consequences for lending activity worldwide and what entities are affected? 12. 4. Recommend punishment for the responsible parties. Semester Assessed: Spring 2013 Assessment Results Total No. of Students Assessed: 91 Total Number Excellent: 75 Total Number Acceptable: 11 Total Number Unacceptable: 5 Identify and develop multiple strategies for the challenges of doing business in a global environment Identify and assess the need for and justify the advantages accruing from expanding into international markets Evaluation Process: Rubric which describes the requirements for acceptable performance Minimum Criteria for Success: A score of Acceptable on Global Learning rubric where students demonstrate that they can: Correctly identify the scope and range of challenges in expanding into international markets however does not fully appreciate the need to pursue a dynamic entry strategy that’s based on learning from initial experiences Analyze business opportunities from a global perspective and appreciate the need and advantages of expanding into international markets but is conservative in estimates and likely potential All students were assessed. Use of Results for Improving Student Learning After careful evaluation of the students’ responses to the assignments that apply in this section, it was determined that even though students were able to research and provide information concerning the assignment questions, they were able to establish the correlation the sound banking system devoid of irregularities, such as money laundering, misrepresentation of the international lending rate. The proportion of the mid-range grading (B and B+) indicated that the students made effort in researching the Essay topics and the feedback that they provided to three other students for the Discussion assignment. More effort will be made in the Summer A course to expand class participation in all class activities. 3 Course Outcome Assessment for Upper Division Global Learning Courses Faculty Name: Badi Sabet Course: FIN 4634, International Banking Academic Unit: College of Business Administration Degree Programs: Finance, International Business Global Learning Student Learning Outcome Addressed Global Engagement: Students will be able to demonstrate willingness to engage in local, global, international, and intercultural problem solving. Course Learning Outcome Students will be able to: Demonstrate responses conditions diversity appropriate to global and cultural Identify and assess the needs for and justify the advantages accruing from expanding into international markets Assessment Method Assessment Activity/Artifact: Discussions. The purpose is to familiarize the students with the evolution of the banking system and the major events and entities that contributed to the said evolution. Students must provide feedback through Discussion Forum to three different submissions. 1. Knight Templars. 2. Fuggers. 3. Rothschilds. 4. Medicis. 5. J.P. Morgan. 6. BCCI. Three Articles. It is recommended that students read the following articles and provide their thoughts and feedback to the rest of the class through Discussion Forum (optional). Article 1: Islam, globalization and economic performance in the Middle East. Article 2: BCCI, the CIA and Foreign Intelligence. Article 3: Third World Debt Undermines Development, Causes of the Debt Crisis. Oral Presentation: Student can select a topic and, with the approval of the professor, make a 10-minute oral presentation to improve public presentation capability. Semester Assessed: Spring 2013 Assessment Results Total No. of Students Assessed: 91 Total Number Excellent/Discussion: 60 Total Number Acceptable/Discussion: 18 Total Number Unacceptable/Discussion: 13 The above numbers are based on the Grade Roster and the scores the Evaluation Process: Rubric which describes the requirements for acceptable performance students received for cases, essays Minimum Criteria for Success: A score of Acceptable on Global Learning rubric where students demonstrate that they can: Total Number Excellent/Articles:21 Employ understanding of a few obvious cultural differences with the other regions/markets and includes this understanding into strategic planning and operational details Analyze business opportunities from a global perspective and appreciates the need and advantages of expanding into international markets but is conservative in estimates and likely potential and discussions. Total Number Acceptable/Articles: 5 Total Number Unacceptable/Articles: 65 Oral Presentation: 0 All students were assessed. Use of Results for Improving Student Learning More effort is needed in this area to encourage more student participation. In the case of discussions, participation was universal, and it is evident by the far exceeding of student feedbacks from those of the previous semester. More effort is needed to get full participation of the class in submitting the Discussions on a timely basis, with a minimum of three feedbacks to other students’ submissions. Furthermore, effort needs to be made to encourage students to read the instructions carefully for the submission of the Discussions. In the case of articles, the participation drastically increased and a total of 26 students benefitted by receiving higher grades than they would otherwise qualify to receive. Approximately 10 students attempted to make an oral presentation, but for a variety of reasons, none of the 10 ended up presenting their topic. Again, full effort will be made to remedy the oral presentation process. 4