DRAFT 01-27-2014 BSBA-MAC Co-Terminal Degree Program Undergraduate Program Type: Bachelor of Science in Business Administration Total Undergraduate Program Credit Hours (Including nine shared credit hours): 126 Program Description: Students would take three graduate MAC courses to replace three of the undergraduate courses that are free electives. These courses would be taken while the student was an undergraduate and count toward the MAC degree. Currently, completing both degrees separately requires 159 credits (126 for BSBA and 33 for MAC). The co-terminal degree would require 150 credits, with 9 credits counting toward both degrees. Application to and acceptance into the MAC program will be open to students who have attained at least junior standing in the BSBA program. Students would be required to maintain a combined 3.0 GPA to be admitted to and to remain in a co-terminal degree program. Program Purpose: Students could complete an undergraduate Business Administration and Marketing Analytics graduate degree in 5 to 5-1/2 years. Program Benefits: A business administration undergraduate degree is an excellent preparation for students who desire a career in marketing and marketing analytics. Increasingly, employers are seeking job candidates who have acquired the quantitative, analytic, economic and managerial skills taught in a business curriculum. The graduate curriculum complements the business curriculum by providing in depth exposure to marketing analytics and marketing communication. Several BSBA students have already expressed interest in a co-terminal BSBAMAC degree, and some students have enrolled in the MAC degree without the benefit of the coterminal degree designation. Course Requirements: The new co-terminal degree would include courses currently offered in the undergraduate business administration and graduate marketing analytics and communication programs. No new courses would be created. There are no new facility requirements. BSBA Courses Required A total of 117 credit hours of undergraduate courses would be required. Nine credit hours of MAC electives would replace three of the undergraduate courses that are free electives. DRAFT 01-27-2014 BSBA-MAC Co-Terminal Degree Program MAC courses required A total of 33 credit hours would be required; however, 9 credit hours would replace three of the undergraduate courses that are free electives. This would include: a) 24 credit hours (8 courses) in the MAC core curriculum: 1) 2) 3) 4) 5) 6) 7) 8) BUS 510: BUS 550: BUS 590: MAC 501: MAC 502: MAC 503: MAC 504: MAC 505: Building an Innovative and Sustainable Business Business Analytics for Competitive Advantage Business Innovation in the Next Economy (Integrated Capstone Course) Insights into the Next Economy Markets Spreadsheet Modeling Marketing Research and Engineering Creating, Communicating, and Delivering Customer Value Strategic Marketing Management b) 9 credit hours of MAC electives (3 courses). Sample Curriculum and Program Requirements as they would appear in the Undergraduate or Graduate Bulletin: Semester 1 BUS 100 Introduction to Business BUS 102 Computing Tools for Business Analysis ECON 151 Making Strategic Decisions in the Marketplace MATH 151 Calculus I CS 105 Intro to Computer Programming I Humanities 100-level Elective Total Hours Credits 3 1 3 Semester 2 BUS 103 Ideation: What Are My Interests BUS 221 Analytics for Informed Decision-Making ECON 152 Understanding and Competing in the Global Marketplace Science Elective Humanities or Social Sciences Elective Social Sciences Elective Total Hours Credits 1 3 3 5 2 3 17 3 3 3 16 DRAFT 01-27-2014 BSBA-MAC Co-Terminal Degree Program Semester 3 BUS 104 Needs Analysis and Opportunity Analysis Aligned with My Interests BUS 211 Measuring and Assessing Entity Financial Performance BUS 301 Designing and Structuring the Organization for Strategic Decision-Making Science Elective Science Elective Humanities Elective (300+) Total Hours Credits 1 Semester 4 BUS 203 Identification and Evaluation of Prospective Consumers BUS 212 Managerial Decision-Making and Control BUS 305 Contemporary Design of Business Processes and Business Models BUS 341 Business Law for Entrepreneurs in the Modern Global Economy BUS 351 Elective Financial Decision-Making Science Elective Total Hours Credits 1 Semester 5 BUS 204 Identification and Evaluation of Competitive Advantage BUS 321 Quantitative Models for Elective Decision-Making BUS 361 Entrepreneurial Thinking and Practice in a Complex Organization BUS 371 Strategies for Reaching New Markets Specialization Elective* Social Sciences Elective Total Hours Credits 1 Semester 6 Credits BUS 304 Financial Valuation: How Much is it Worth? BUS 467 Managing Entrepreneurial Enterprise and the Global Marketplace Specialization Elective* Specialization Elective* IPRO Elective I** Humanities Elective (300+) Total Hours 3 3 3 3 3 16 3 3 3 3 3 16 3 3 3 3 3 16 1 3 3 3 3 3 16 DRAFT 01-27-2014 BSBA-MAC Co-Terminal Degree Program Semester 7 BUS 403 Developing a Strategically Competitive Business Plan BUS 468 Creating and Managing the Sustainable Entrepreneurial Enterprise IPRO Elective II** Specialization Elective* Social Sciences Elective (300+) BUS 510: Building an Innovative & Sustainable Business Total Hours Credits 1 Semester 8 Credits BUS 404 Selling Your Business Plan BUS 480 Strategic Management and Design Thinking for the Next Economy Specialization Elective* BUS 550: Business Analytics for Competitive Advantage MAC 501: Insights into the Next Economy Markets Total Hours Semester 9 MAC 502: Spreadsheet Modeling MAC 503: Marketing Research and Engineering MAC 504: Creating, Communicating and Delivering Customer Value MAC 505: Strategic Marketing Managements Total Hours Semester 10 MAC Electives (Three courses, nine credit hours) BUS 590: Business Innovation in the Next Economy Total Hours GRAND TOTAL 3 3 3 3 3 16 1 3 3 3 3 13 Credits 3 3 3 3 12 Credits 9 3 12 150 DRAFT 01-27-2014 BSBA-MAC Co-Terminal Degree Program Competitive Programs: This would be a unique program. We have not located other similar programs. Market Analysis: We have not conducted a market analysis. However, a business administration undergraduate degree is an excellent preparation for students who desire a career in marketing and marketing analytics. Increasingly, employers are seeking job candidates who have acquired the quantitative, analytic, economic and managerial skills taught in a business curriculum. The graduate curriculum complements the business curriculum by providing in depth exposure to marketing analytics and marketing communication. Several BSBA students have already expressed interest in a co-terminal BSBA-MAC degree, and some students have enrolled in the MAC degree without the benefit of the co-terminal degree designation. Marketing and Advertising: The Stuart School of Business would work closely with the Undergraduate College to develop recruitment and marketing strategies to promote the new degree to prospective applicants. The undergraduate business administration student advisors would promote the program to currently enrolled students. Finally, the Stuart School of Business would promote the new program in all Stuart marketing materials and on the Stuart website. Enrollment Estimates: We estimate 6-9 students over the first three years (2-3 per year). The numbers would likely increase with recruitment efforts. This estimate is based on the fact that current students have expressed interest such a co-terminal degree. Retention Estimates: We expect to retain all enrolled students. Our experience with MPA and MSF students who have taken a combined BSBA-graduate degree, without the benefit of a coterminal degree, have all completed their graduates studies. Economic Analysis: The BSBA/MAC co-terminal degree program will be managed by current faculty and staff. The program will require no new faculty members, administrative support staff, nor any additional facility costs. In sum, the program will not incur any new costs. DRAFT 01-27-2014 BSBA-MAC Co-Terminal Degree Program Program Overview: Currently, completing the BSBA and MAC degrees separately requires 159 credits (126 for BSBA and 33 for MAC). The co-terminal degree would require 150 credits, with 9 credits counting toward both degrees. Students would take three graduate MAC courses to replace three of the undergraduate courses that are free electives. These courses would be taken while the student was an undergraduate and count toward the MAC degree. Program Purpose: Students could complete an undergraduate Business Administration and Master of Science in Marketing Analytics and Communication graduate degree in 5 to 5-1/2 years, saving both time and money while significantly enhancing their employment prospects. Program Justification: A business administration undergraduate degree is an excellent preparation for students who desire a career in marketing and marketing analytics. Increasingly, employers are seeking job candidates who have acquired the quantitative, analytic, economic and managerial skills taught in a business curriculum. The graduate curriculum complements the business curriculum by providing in depth exposure to marketing analytics and marketing communication. Several BSBA students have already expressed interest in a co-terminal BSBAMAC degree, and some students have enrolled in the MAC degree without the benefit of the coterminal degree designation. We estimate that 2-3 students would enroll in the program each year. Program Resources: The current faculty and administrative support of the BSBA and MAC programs would provide the personnel required to implement the co-terminal BSBA-MAC degree. There will be no facility changes required. There would be no need for any additional faculty or support staff. BSBA Faculty and MAC Faculty: Professors : S. Balasubramanian, J. Bilson, M. Erramilli, E. Geisler, J. Goldhar, M. Hassan, H. Kahalas, M. Ong, K. Tourk Associate Professors: M. Bariff, N. Khalili, J. Liao Assistant Professors: S. Anand, W. Ashton, L. Cai, A. Chakravarti, R. Cooper, E. DurangoCohen, Y. Fang, S. Kang, D. Richardson, N. Sabbaghi, J. Sun, B. Van Vliet, L. Wagman, H. Wang, T. Wu Clinical Professor: J. Twombly Clinical Associate Professor: C. Hamilton Clinical Assistant Professor; D. Ehrlich Industry Professor: M. Gorham Industry Associate Professor: R. Ramanan Senior Lecturers: S. Bredine, R. Calia, T. Cooper, S. Peters, M. Rybak, S. Weiss Instructor: G. Chaudoin Faculty Emeritus: T. Calero, J. Chung, T. Knowles, S. Smith, N. Thomopoulos DRAFT 01-27-2014 BSBA-MAC Co-Terminal Degree Program Program Description a) Detailed Degree Requirements The minimum number of credit hours: 150 No thesis is required Project courses are required for the business component (undergraduate) but not for the MAC component. There is no comprehensive exam requirement Required Courses Bachelor of Science in Business Administration Required Courses Business Requirements: Credit Hours 48 BUS 100, 211, 212, 221, 301, 305, 321, 341, 351, 361, 371, 467, 468, 480, ECON 151, 152 Project Courses 8 BUS 102, 103, 104, 203, 204, 304, 403, 404 Specialization Courses Mathematics Requirements 15 5 MATH 151 or (MATH 148 and MATH 149)* Science Requirements 12 Humanities and Social Science Requirements 21 Computer Science Requirement CS 105 or CS 110 2 Interprofessional Projects 6 Strongly recommended one IPRO elective to be IPRO 397 or an entrepreneurial IPRO. Free Electives (Would take 3 MAC courses) Total Hours Students who take MATH 148/149 instead of MATH 151 will take an additional four credit hours to complete the co-terminal degree program. 9 126 DRAFT 01-27-2014 BSBA-MAC Co-Terminal Degree Program Master of Science in Marketing Analytics and Communication Required courses Each course is for 3 credit hours: 1) 2) 3) 4) 5) 6) 7) 8) BUS 510: BUS 550: BUS 590: MAC 501: MAC 502: MAC 503: MAC 504: MAC 505: 24 Building an Innovative and Sustainable Business Business Analytics for Competitive Advantage Business Innovation in the Next Economy (Integrated Capstone Course) Insights into the Next Economy Markets Spreadsheet Modeling Marketing Research and Engineering Creating, Communicating, and Delivering Customer Value Strategic Marketing Management Students also take three Elective Courses (3 credit hours per course) 15 MAC Elective Courses: MAC 513: MAC 515: MAC 516: MAC 521: MAC 522: MAC 523: Managing Sustainable Brands Database & Direct Marketing Social Media Marketing Strategy Qualitative & Survey Research Methods in Business Predictive Analytics Social Media Marketing Analytics Total Credit Hours 33 b) Admission Criteria for the Program Application to and acceptance into the MAC program will be open to enrolled BSBA students who have attained at least junior standing in the BSBA program. Students would be required to maintain a combined 3.0 GPA to be admitted to and to remain in a co-terminal degree program. Timeline and Schedule If approved, the BSBA/MAC co-terminal degree would be effective in the 2014-2015 academic year. Description of Courses shared between Undergraduate and Graduate Programs No required courses would be shared between the two programs. Undergraduate business administration students would take 3 MAC courses in lieu of free electives that would count toward the co-terminal degree. No elective courses would be shared between the two programs. Substitutions or exceptions would be at the discretion of the respective Program Directors.