ASIAN INSTITUTE OF TECHNOLOGY
CENTER IN VIETNAM
BUSINESS PLAN
FOR
AIT INTERNATIONAL UNIVERSITY IN VIETNAM
Revised 15 June 2007
Prepared by:
Dr. Fredric Wiliam Swierczek, AITCV Director
Do Trong Nhan, COAG Head
Hoang Thi Tu Quyen, COAG Assistant
Dr. Nguyen Quynh Mai, Coordinator IEMBA, HCMC
Hanoi, revised 10 October 2007
1
TABLE OF CONTENTS
EXECUTIVE SUMMARY .............................................................................................. 3
I. MARKET ANALYSIS ............................................................................................. 4
Market Segmentation ...................................................................................................... 4
Field of studies ................................................................................................................ 5
Undergraduate Business.................................................................................................. 5
Competition and Buying Patterns ................................................................................... 7
Main Competitors analysis ............................................................................................. 8
II.
PROPOSAL TO ESTABLISH AIT INTERNATIONAL UNIVERSITY ....... 9
About AIT International University................................................................................ 9
Academic programs ...................................................................................................... 12
Organization and management ..................................................................................... 16
III.
PHYSICAL FACILITY PLANNING ............................................................... 17
Location ........................................................................................................................ 17
Land requirement .......................................................................................................... 17
Construction requirement.............................................................................................. 18
Library Requirement ...................................................................................................... 18
IV.
FACULTY RECRUITMENT PLAN ................................................................ 19
Assumptions for financial planning ............................................................................... 20
Income............................................................................................................................ 20
Expenditures .................................................................................................................. 21
Financial arrangements .................................................................................................. 21
Construction and investment plan .................................................................................. 22
ANNEX ............................................................................................................................ 24
Annex I: Current Operations of AITCV ....................................................................... 25
Annex II: SWOT Analysis ............................................................................................ 27
Annex III: Samples of Undergraduate Program Curriculum ........................................ 29
Undergraduate Program in Business Administration .................................................... 30
Undergraduate Program in International Business ........................................................ 33
Undergraduate Program in Finance, Investment and Banking............................... 38
Undergraduate Program in Human Resource Management .......................................... 43
Undergraduate Program in Computer Science .............................................................. 49
Undergraduate Program in Management of Information System .................................. 50
Undergraduate Program in Manufacturing Engineering Technology ........................... 55
Undergraduate Program in Operations Management .................................................... 59
Undergraduate Program in Bioengineering ................................................................... 63
2
EXECUTIVE SUMMARY
On the invitation of the Government of Vietnam, AIT Center in Vietnam was established
in 1993. Since, AITCV has made a significant contribution to the national development
of Vietnam. Hundreds of graduates were produced from AIT and AITCV who are
playing key roles in important areas of Vietnam economy.
To meet the increasing demand of Vietnam in high quality human resources, AIT and the
Government of Vietnam agreed to explore the possibility to support AITCV to develop
an international university (AITU) which will offer academic programs at all levels:
bachelor, master and doctoral degrees. The teaching language will be English.
The mission of AITU is dedicated to excellence in teaching and research and to
contributing to meeting Vietnam’s need for high quality education at the undergraduate
and graduate levels.
To achieve the mission, AITU emphasizes the following criteria:
- Have a high quality of faculty with postgraduate education
- Modern teaching methodologies
- State-of-the art curriculum
- Have sufficient physical facilities for students, faculty and staff
- A favorable working environment
- Effective leadership in raising funds for AITU development
The minimum requirement for the initial investment for AITU based on 3,000 students, a
faculty of 100 and staff of 150 is 15 million USD and a 30-ha area for campus
The fund for AITU is development will be raised from international governmental
agencies and the private sector or by taking concessional loans. AIT will collaborate
closely with the GoV in seeking funds for AITU.
This proposal will describe the establishment and development of the AIT Vietnam
(AITU) for the next ten years.
PROJECT SUMMARY
Number of students
Number of undergraduate programs
Total number of faculty and staff
Total investment requirement
Building area m2
Land area (ha)
Project duration (year)
NPV after 10 years
GoV is the guarantor of the conccessional loan
Land is granted by GoV
Key indicators
3,062
5
327
-12,652,097
51,291
30
50
$2,483,710.92
3
I.
MARKET ANALYSIS
AIT International University will be focusing on high-earning families who want to offer
their children good education and who can afford a relatively high cost of education.
These are mostly small businessmen, middle level civil servants and high-salary
employees working in the international institutions and companies.
The most important group of potential customers is parents who have a child studying in
the best secondary schools and living in larger cities such as Hanoi, Haiphong or HCMC.
Market Segmentation
AITU most important market segment is the type of students from well-off families with
excellent academic records. These students will consider AITU for in-country study to
replace overseas study for practical considerations.
The second most important market segment is students who come from well-off families
who need to retake the national entrance exams to universities. Those students don’t want
to wait for another year for national exams.
Annually, around 1.2 million students graduate from the public education system to enter
the labor market or further study. The university system capacity can offer only 200.000
placements each year according to MOET’s statistics. It means only one fifth of
graduating students can enter higher education. The figures of upper secondary students
are presented in the Table 1.
Table 1 indicates a base year (?) in which the number of the current students in secondary
school (grade 10-12) is 1,975,835 of these 924,887 are in the final year of high school,
from the 920,000+, 719,842 cannot enter the university. This means only about 200,000
students in undergraduate programs and a potential pool of qualified students in
remaining 700,000.
Table 1 – Upper secondary students
Upper secondary
1975835 2199814 2334255 2458446 2616207 2802101 2976872
(grade 10,11 and 12)
4 last year schooling 924887 1028351 1091430 1164367 1262849 1377829 1500052
University (5 years)
719842 731505 763256 805123 898767 1046291 1016276
The majority (80-85%) of high schools students will consider the following possibilities:
- Colleges
- Vocational schools
- Work as unskilled labor
4
According to market survey of 5 schools in Hanoi, 45% of students have the intention to
study abroad and are willing to pay for an international study.
Field of studies
According to the market survey, the following five fields of studies were selected with
highest interest. These include BBA, Insurance/ Financial Investment and Management,
PR/ Marketing, Finance & Accounting, and ICT.
Table 2: Highest interest Fields
Fields of Studies
1. Bachelor of Business Admin
2. Insurance, banking & financial investment
3. Public Relations/ Marketing
4. Finance & Accounting
5. Information & communication technologies
N
Mean
Std.
Deviation
290
4.6448
2.10816
284
4.5282
2.05126
283
4.4629
2.05627
283
4.4170
2.08064
287
4.2369
2.04143
The result of AITU market survey is comparable with the findings of EDU.NET (dates?).
Table 3 shows those fields of studies that are in high demand. Over 58% are interested in
finance, banking and business administration.
Table 3 – Hottest fields of studies
Finance and banking
32.00%
Business administration
26.53%
Med Doctor, Pharmacist
15.50%
Others
25.97%
Number of respondents
Sources:
26,762
Undergraduate Business
With about more than 1.5 million students entering the higher education per year in a
country with an economic growth rate of 8% per year for the last ten years, Vietnam
education market is attractive to foreign universities and Vietnamese universities.
Education providers range from major well recognized international name-brand
universities to private colleges. One of AITU's challenges will be establishing itself as a
real international university, positioned as a top university in Vietnam.
5
Undergraduate Education providers
At the highest level is the RMIT with a modern campus in Saigon South and quality
facilities in Hanoi. Tuition fee at RMIT differs from program to program and ranges from
USD 15,000 to 20,000. Currently, there are around 3,000 students studying at RMIT both
campuses. Table 4 presents the tuition fee offered by RMIT.
Table 4 – Undergraduate Program at RMIT
RMIT Vietnam offers four undergraduate programs in multimedia design, commerce,
business and applied sciences (IT and IT articulation)
RMIT has probably best facilities in Vietnam. By 2008, RMIT will have a dormitory with
240 standard rooms. The rent is approximately USD 300 per room per month.
At the intermediate level are undergraduate programs organized as partnerships
established between a Vietnamese partner university and a second teir foreign university.
Unofficially, there are 20 such programs in Hanoi, HCM and one program in Da Nang.
Target students are those who failed the entrance exams of the particular university and
who meet the financial conditions of the program. The English proficiency requirement is
a TOEFL score of 450 and above. Many programs recruit students more than once per
year to push potential applicants. Students are screened based on the score in the national
exams and applications and interviews. Occasionally an aptitude test is applied.
The tuition fees ranging from USD 500 per year to more than USD 3.000 depending on
the eligibility of the student and the ratio between international and local faculty.
6
Table 5: International program offered by the Hanoi University of Technology
Nation
University
Program
Mechanical engineering
Electrical – electronic
engineering
Germany
University of Hanover
Germany
Otto-von-Guericke Magdeburg
University
Chemical engineering
Japan
Nagaoka University of Technology
Mechanical Engineering
France
National Polytechnical Institute of
Grenoble
Information technology
New Zealand
Victoria University of Wellington
Commerce and
administration
Australia
La Trobe University
Information technology
Russia
Saint Petersburg Electrotechnical
University
Information technology
United States of
America
Troy University
Commerce and
administration
Computer science
United States of
America
Northcentral University
Commerce and
administration
The academic programs offered are mainly based on the traditional strength of the local
university and those that have market demand. These typically are programs in business
administration and IT and some engineering.
Programs are organized that the host university is responsible for providing facilities and
student recruitment while the foreign partner provides curriculum, some key faculty and
the academic degree.
A two-phase model is typical in which students complete the first phase normally about
two to three years in Vietnam and will be considered for transfer to the partner
universities to complete the degree requirements based on satisfactory academic
performance and ability to pay.
Competition and Choice
The key elements in choosing an in-country international university are identified in
order of rank (Table 6).
7
Table 6 – Key elements for selection of an International University
Mean
Std.
Deviation
Criteria
1. Interest in Post study employability
N
301
5.4784
1.83948
2. Interest in Int'l environment
289
5.4706
1.75792
3. Interest in English proficiency after study
301
5.4518
1.82989
4. Interest in International degree
304
5.3191
1.83480
5. Interest in qualification of int't faculties
301
5.3123
1.82268
Main Competitor analysis
The high-level prestige universities
RMIT is strength the only educational establishment that meets the international standard
in terms of faculty, teaching methodologies, and facilities.
The main weakness of RMIT VN is the relatively high cost of study. Facilities in Hanoi
are not as good as in HCMC. Academic programs offered are limited to a few soft
subjects
The intermediate level programs
The strengths and weaknesses of the second tier level programs are summarized in the
Table 7.
Table 7 – Strengths and Weakness second tier programs
Strengths
Weaknesses
- Entry requirement: basic score of national exams and
- Students qualification
TOEFL score of 450
are not as good as those
- Admission: more than once per year
who are admitted to
- Teaching staff: team teaching of Vietnamese and
public universities
international faculty. Minimum qualification is a master
- Not truly international
degree
because the ratio of local
- Curriculum: not limited to the curriculum framework set
teachers is high
by MOET. Freedom in curriculum development
sometime more than
- Facilities: shared use of infrastructure and facilities
70% in some programs.
provided by host university. No major investment is required.
- Faculty do not meet
- Opportunity for overseas study
international standard.
- Degrees are recognized
No separate campus
- English proficiency after study
- Relatively short time of study compared to Vietnam’s peer
programs.
- Possibilities for further study
- Easy exit requirements
8
II.
PROPOSAL TO ESTABLISH AIT INTERNATIONAL UNIVERSITY
AIT International University
AIT International University is proposed to be formed based on the current setup of AIT
and AITCV. It is envisaged that the current AITCV postgraduate programs will continue
to operate in the current manner. AITU postgraduate programs will be offered where they
are needed. Typically, this is a downtown location.
Undergraduate programs will be accommodated in a residential campus in Hanoi and
HCMC metropolitan.
AIT University vision
Being an integral part of AIT, AIT International University will become a leading
international university in the region. AITU will be a reliable source of highly qualified
human resources for the region and at the same time a supply qualified candidates for
AIT postgraduate programs.
AIT University Mission
AIT University is dedicated to excellence in teaching and research in order to meet the
regional need in quality higher education. AITU is specialized in advanced fields in
undergraduate education.
Mandate
AITU is a board-governed university, committed to meeting the educational needs of
Vietnam and the region.
At the undergraduate level, the University is mandated to offer degree programs in the
management, IT, interdisciplinary studies, commerce, and allied professional fields.
Credit-based university certificates will be offered within the structure of the University’s
degree programs.
At the graduate level, AITU is mandated to offer master and Doctoral programs in fields
related to the schools at AIT. Credit-based graduate programs are offered within the
structure of the University’s graduate degree programs.
In addition, as a branch of AIT, AITU provides courses and educational services to
students registered in AIT. AITU also provides degree completion opportunities for
university transfer students and diploma graduates. Non-credit continuing education
courses and consultancy services will also be offered.
To the benefit of students, AITU is committed to excellence in education. Potential credit
and credit transfer, assessment of prior learning and associated forms of learning can be
9
accredited to AITU’s undergraduate programs. AITU is Dedicated to research in various
disciplines related to the curriculum, with a particular focus on high quality educational
content and associated learning technologies,
AITU will play an international leadership role in education quality, methods and
technologies, and cooperating with universities in Vietnam and the region.
AIT values
We value excellence
The search for excellence is the hallmark of all our endeavors.
We value learning
Student learning and satisfaction are the measures of our success.
We value scholarly research.
We engage in reflective practice through the scholarship of discovery and the scholarship
of teaching.
We value the free exchange of ideas.
A respectful climate for open discourse promotes innovation, discovery, and social
responsibility.
We value our employees.
The commitment, innovation, creativity, and continuous learning of every employee
contribute to our success.
We value accountability.
We are accountable to our students, to each other, and to the public.
Advantages for Vietnam
Vietnam will benefit from savings in international education is likely created by AITU. It
is estimated that by the year 2017 approximately 3,000 students (Vietnamese and
international) will register for courses at AITU that will generate revenue of $7.5 million
in tuition fees from the undergraduate program. This amount of hard currency would be
spent abroad otherwise. According to MOET statistics, in 2006 there are 40 000
Vietnamese are studying abroad and they spend approximately about USD 200 million.
Revenue from tuition will allow AITU to offer Vietnamese student more, advanced and
higher quality, programs than the typical university could otherwise provide. As this
revenue is spent in Vietnam, this income makes it possible to create 250 full-time
equivalent jobs.
The demand for quality academic services for undergraduate education in Vietnam
continues to grow. In Vietnam alone, every year ten thousands Vietnamese go abroad for
study.
10
The affordability of education for Vietnamese families is increasing dramatically. With
the economic development growth of 8 to 10% per year, many Vietnamese families are
willing to spend savings for their children’s quality education. Vietnamese parents will
benefit from AITU as they have to pay less for the same quality of education.
AIT is known as a worldwide leader postgraduate education. This quality is being
implemented in new programs and course enhancements (undergraduate and graduate).
The AITU degrees are designed to complement AIT in Bangkok and are closely linked
through laddering arrangements to avoid duplication.
Once AITU is established, Vietnam will benefit most from its academic and research
services. In addition, AITU will play a model role for Vietnamese universities and can
share its experience and education management technology with Vietnamese universities.
Complementing the academic offerings and research activities of regional universities is
an implicit part of the mission of AITU. Rather than competing with regional
universities, AITU will be a pioneering catalyst, exploring and providing training in
newly emerging areas of importance to Asia. Once such areas become mainstream, it is
time for AIT to move into other emerging areas. This role is becoming more important as
the pace of technological change accelerates and as local industry faces increasing
competition due to factors such as the trend toward international free trade.
Constraints New Section Highlight
AITU expects to face a number of infrastructure, personnel, financial and technology
challenges.
Land provision
The business plan is prepared based on the assumption that the Government of Vietnam
will facilitate land avialability for AITU to develop its campus in strategic location(s) in
Vietnam. If this is not the case, the business plan is not feasible.
Student enrollment
The increasing competition from other universities (local and international in Vietnam)
could affect the enrolment in AITU. Otherwise, completition will increase the costs of
marketing and promotion for AITU programs.
Faculty recruitment and retention
The increasing demands for technological skills in almost all facets of the University’s
operations, the need to increase enrolment growth and the upcoming shortage of PhDs in
Vietnam will affect the University’s ability to recruit and retain qualified faculty to
support academic programs and quality services.
Faculty costs
The University faces significant challenges in its ability to negotiate affordable
agreements with qualified international faculty.
English language proficiency
The English language will be a barrier for many Vietnamese and international students in
the region, This will affect the recruitment of students.
11
Academic programs
Postgraduate programs
AITU will offer academic programs at the bachelors, masters and doctoral levels.
The curricula of the programs will be designed to make them interlinked in a way that
those students who have followed AITU’s lower programs can shorten their studies by
one year and quality for AIT’s graduate program.
Current academic programs leading to master and doctoral degrees will be continued.
These include
-
Master in Information Technology
Master in Industrial System Engineering
Master of Professional Engineering
Master of Environmental management and Technology
Professional Masters IEMBA
Doctor of Business Administration
Ph.Ds and Doctorates of Science and Technology
New postgraduate programs will be introduced to Vietnam provided there is a sufficient
demand.
Postgraduate programs will offer the two-stage model in which students will study in the
first stage in Vietnam and continue their study in AIT Bangkok in the last stage. Based on
academic performance, qualified students will be able to go directly7 to programs at AIT.
12
Undergraduate programs
Undergraduate programs are the new feature of the AITU. After conducting market
research, AITU has a number of options to offer high-demand fields of studies in
Business, Technology, and Environment (Figure 2).
Figure 2 – Undergraduate Proposed Fields of Studies
Undergraduate
Proposed Fields
Business
Technology
Environment
International
Business
Process-Technology
Environmental
Management
Financial Analysis
and Investment
Business Software
Applications
Bio-Processing
Human Resources
Management/
Development
At this level, AITU will start its operation with two bachelor’s programs – BBA in
International Business and Business Software Applications that are most needed in
Vietnam and require less investment and in which AIT has the expertise. Gradually, other
programs such as finance/banking, international accounting, and HRM will be
introduced.
Engineering programs will be considered at later stages of AITU depending on the
effectiveness and efficiency of AITU. The enrollment plan is presented in Table 8.
13
Table 8 – Assumption of number of students enrolled for each field of study
YEAR
Total of newly
enrolled students
Total number of
students in campus
1. International
Business
2. Business
Software
Applications
3. Finance
Analysis/
Investment
4. HRM/ HRD
5. Bio-Processing
1
2
3
4
5
6
7
8
9
10
200
320
452
597
657
723
763
791
805
805
200
520
972
100
110
121
133
146
161
161
161
161
161
100
110
121
133
146
161
161
161
161
161
100
110
121
133
146
161
161
161
161
100
110
121
133
146
161
161
161
100
110
121
133
146
161
161
1,569 2,026 2,429 2,710 2,860 2,979 3,061
Program Structure
After an extensive search from various leading international universities, a typical sample
of an undergraduate program structure is presented in Table 9.
Table 9 - Typical Undergraduate Program Structure
Component
1. General
2. Core
3. Electives
No of credits - Computer
No of credits - Business
Science
Administration
36 credits
36 credits
54 credits
60 credits
30 credits
24 credits
120 credits (3 credit courses)
To ensure an eventual employability of its graduates, AITU curriculum will be skillbased including one semester of internship. This internship semester aims at equipping
students with needed soft skills, people skills, and practices that are rarely found in fresh
graduates. AITU will establish close ties with industrial partners. Internships would be as
much a part of the program as the adjunct faculty from the public and private sectors who
would contribute to teaching the conventional classes. Tailor-made curricula would
structure knowledge based on the need of a profession rather than be oriented to
disciplines.
14
From the analysis of international universities, in combination with the market survey, a
program structure is proposed for AITU International Undergraduate Program in Table
10.
Table 10 - Proposed Undergraduate Program Structure
Component
1. General including employability Skills
2. Core
3. Electives
4. Internship
Number of credits
24
54 – 60
24 – 30
12
120 credits
The proposed duration for an undergraduate program is 10 tri-mesters including 9 (in 3
years) and one of internship. The tri-mester system includes 15 weeks each. Each trimester includes 12 credits for total of 120 credits after 10 semesters. Various examples of
relevant under graduate curricula are included in the Annexes.
Elligiblity
The quality of student enrollment is an important factor determining the quality of
education. The AITU standards for enrollment is high. Eligible applicants are
- Top 20% of the class in the last two years of secondary school
- Have a proven leadership in social and extracurricular activities
- TOEFL score of at least 500 at the time of enrollment
Selected students will be evaluated by four criteria:
1.
2.
3.
4.
High score in the entry exam organized by AITU: 70%
Leadership in activities: 10%
Application: 10%
Recommendation letter from three referees 10%.
Tuition fee
AITU tuition fee is USD 4,800 per year (USD 133 per credit) or USD 16,000 for a
bachelor’s degree. This high level of tuition fee is necessary to cover the capital
investment and operating costs of AITU. However, it is still competitive compared to its
peer in the market. To those who need, AITU will arrange financial support to students
with local banks. Currently, AITCV participates the USAID program that provides loans
to students to study at AITCV MBA programs where USAID plays a role of loan
guarantor
15
Organization and management
 Policy board
AITU is governed by a policy board including the President of AIT (a new role for the
Council of Advisors) that is responsible for providing strategic direction to AITU by
setting its vision, policies and objectives. Specifically, this board will provide detailed
governance, monitoring and approval of AITU policies, annual work programs, budget
and audited financial statements. The organizational chart proposed for operational is in
the Figure 3.
Figure 3 - Organizational Chart for Proposed Operational Plan
POLICY BOARD
AITU PRESIDENT
Academic
Senate
Director
Administration
Dean
Chair
Business
Chair
Environment
Chair
Technology
Head
Finance
Head
Student
affairs
Human
Resources
affairs
On the department level, there will be Department boards, which will include external
members representing client bases. This will include individuals from academia, public
and private sectors, international organizations, as well as prominent alumni. The boards
will serve as advisor bodies on strategic and policy related issues, and they will provide a
vital, real-time connection between the departments and their external stakeholders.
These relationships would help mold the curriculum and it is envisaged also lead to
important funding opportunities for ongoing or new programs.

Quality assurance
To ensure that AITU’s academic programs are of highest quality and are achieving their
desired impact, AITU will introduce the formal practice of academic program review and
will seek accreditation from international accrediting bodies such as ABET in the United
States and the European Quality Improvement System (EQUIS) in Belgium.
Accreditation is important in making AITU an attractive partner for top universities, in
making the institute more attractive to self-paying students and in increasing confidence
on the part of donor agencies and investors. For the startup period, AIT will assist AITU
in recruiting, selecting faculty and in developing curriculum and teaching.
16
III.
PHYSICAL FACILITY PLANNING
Physical facilities are important attraction for students to apply to study and for faculty to
work for AITU. AITU will need to invest in following facilities and equipment:
-
Class rooms
Offices
Library
Recreational facilities
Housing for faculty
Dormitories for students
Cafeteria
Location
AITU will suggest to the Government of Vietnam to provide land in strategic locations in
Vietnam such as Hanoi, HCMC or Dong Nai for AITU campus. The total area is 30 ha
for the planned facilities and future need.
Land requirement
According to Vietnam Standard TCVN 3981:1985 for Universities design, the following
functional areas are needed for a university:
-
Area for study and research
Recreational area
Dormitory and supporting services
Faculty housing
Infrastructure and physical plants
The enrollment plan indicates that AITU will have 3.000 students. Accordingly, AITU
needs an area of 30 ha with following break down
Table 11 – Land Planning
Area for study and research
Recreational area
Dormitories
Faculty housing
Infrastructure and physical plants
Total
VNTC Standard
norms (Per 1000
students)
4
1.5
2
Required Land
12 ha
5 ha
6
2
5
30 ha
17
Construction requirements
Major construction is required to support the AITU’s objective of a high quality
university in Vietnam. The construction requirement is estimated approximately in Table
12.
Table 12 - CONSTRUCTION REQUIREMENTS
Administration
Faculty
Library
Class room
Auditorium
Dormitories
Faculty houses
Cafeteria
Swimming pool
Physical plant (lump sum)
Area (m2)
3061
2,449
6,406
6,734
1,261
22,959
6,122
2,295
375
Unit
(USD/m2)
Amount
$1,000,000
Total
51,665 $200.00
$10,333,161
Open air sport
Total
10,550 $50.00
$527,500
$10,860,661
The library can serve 20% of the number of students at the same time with more than 350
000 books. The multi-functional auditorium has 1000 seats.
75% of students can be lodged in the dormitories which have 1.200 twin rooms with an
area of 20 m2 each. The rest is supposed to accommodate outside or come daily to
schools.
All faculty will be able to stay in the campus apartments. Each apartment is 50 m2 large.
Construction work can be divided into two phases.

The first phase objective is to serve 1.000 students with an investment of about
3.5 million USD.

The second phase investment is about 7.3 million USD to accommodate 2,000
additional students and faculty.
Library Requirements
The Library is the image of a university. AITU plans to build a state-of-the art library
using as much as possible Information Technology. At least, each student will have
access to 120 books. Books could be in the form of hard copies or CD ROMS. The
construction requirement for the library is about 6.400 m2 which has 367 000 books
which requires need an investment of USD 1.8 million.
18
IV.
FACULTY RECRUITMENT PLAN
Faculty is the most important factor ensuring the quality of the education at AIT
International University in Vietnam. Therefore, the plan for recruitment and selection of
faculty needs to be designed and implemented carefully with an emphasis to very high
requirement for qualification.
Assuming that there will be one faculty per 25 students, AITU will need to recruit about
100 professors. AITU will recruit teaching faculty according to the development of
academic programs as shown in Table:
Table 13 - Number of Faculty and staff needed
Year ->
Total number of
students
in
campus
Total number of
to be recruited
faculty
Total
required
staff
1
200
2
520
3
972
4
5
6
7
8
9
10
1,569 2,026 2,429 2,710 2,860 2,979 3,061
7
17
32
52
68
81
90
95
99
102
10
26
49
78
101
121
136
143
149
153
The faculty consists of full time, visiting, and part-time professors. The majority of whom
will be international (80%)
Full time faculty are those who have the PhD degree or equivalent and appointed by the
President. There will be total three levels of rank: Assistant, Associate and full professor.
PhD or postdoctoral candidates can teach at AITU.
AITU will recruit faculty from the following sources:
- PhD and doctoral candidates in AIT
- AIT alumni especially from Vietnam and in the region
- Retired international professors other countries
- Overseas Vietnamese professors.
- PhD graduates from international universities.
Salary for faculty will be differentiated depending on their qualification and experience
but not less than USD 3,000 per month. This salary is attractive to Vietnamese and
international academic professionals.
To ensure the quality of teaching, AIT faculty will assist AITU recruiting, selecting
faculty and in developing curriculum and teaching.
19
VI.
FINANCIAL PLANNING
Assumptions for financial planning
The initial estimate for capital investment and running cost are calculated based on the
following assumptions:
-
Tuition fee for an undergraduate study at AITU is USD 16,000
-
Number of students: 3,000
-
Ratio of students per faculty is 25 and of students per staff is 15
-
Average salary of faculty is 3,000 USD per month and salary staff is USD 800
-
Land requirement for the campus is 30 ha provided free of charge as a
contribution of the GoV.
-
Construction cost with full equipment and furniture is USD 200/m2
-
Ratio of number of books per student is 120
-
One PC per one faculty. Three students share one PC with internet and ADSL
-
PCs are depreciated in three years.
-
Building is depreciated in 20 years and PC in 3 years.
-
Concessional loans are provided by donors with guarantees from the Government
of Vietnam at the fix interest rate of 5% per year with grace period of 5 years
Taking the assumptions into consideration, the project of AITU is profitable in year 4.
Income
The income of AITU comes from three main sources: tuition fees, rental of dormitories
and rental of facilities (cafeteria etc,)
Table 14 - Income projection for the first 10 years (USD ‘000)
Year
1
2
3
4
5
6
7
8
9
10
Income from Tuition fee
800
2,080
3,888
6,277
8,104
9,715
10,840
11,438
11,915
12,245
Income from dormitories
30
78
146
235
304
364
407
429
447
459
Income from staff houses
8
21
39
63
81
97
108
114
119
122
23
23
23
23
23
23
23
23
23
23
830
2,158
4,034
6,512
8,408
10,079
11,247
11,867
12,361
12,704
Income from cafeteria
Total income
20
Expenditures
The main expenditures are personnel cost (faculty and staff), depreciation, utilities and
overhead.
Table 15 - Projection of Expenditures for the first ten years (USD ‘000)
Expenditures
Faculty
Staff
Depreciation
Utilities
Annual Land
rental
Overhead
Contigency
Interest
Total
expenditures
Year
1
Year
2
Year
3
Year
4
Year
5
Year
6
Year
7
Year
8
Year
9
Year
10
288
128
920
150
749 1,400
333
622
920
920
150
150
2,260
1,004
1,447
150
2,918
1,297
1,447
150
3,497
1,554
1,447
150
3,903
1,734
1,447
150
4,118
1,830
1,447
150
4,289
1,906
1,447
150
4,408
1,959
1,447
150
0
83
200
0
0
108
200
0
0
202
200
0
0
326
200
0
0
421
200
0
0
505
200
-633
0
564
200
-601
0
595
200
-569
0
620
200
-538
0
637
200
-506
1,769 2,459 3,494
5,387
6,432
6,721
7,396
7,770
8,074
8,295
Year
7
11,247
Year
8
11,867
Year
Year
9
10
12,361 12,704
Table 16 - Profit and loss projection ( USD ‘000)
Total incomes
Toal
expenditures
Profit/loss
Accummulative
P/L
Year
1
830
Year
2
2,158
Year
3
4,034
Year
4
6,512
Year
Year
5
6
8,408 10,079
1,769
-939
2,459
-301
1,240
3,494
540
5,387
1,125
6,432
1,976
6,721
3,358
7,396
3,851
7,770
4,097
-700
425
2,401
5,760
9,610
13,708
-939
8,074
4,287
17,995 22,405
The payback period of the project is about 8 years and the NPV for the first ten years at
the discount rate of 5% is USD 2.500 000.
Financial arrangements
Financing options
Investment requirement is estimated at about 12 million USD. To finance the project,
three options are considered:
-
8,295
4,410
To apply for a concessional loan under ODA programs in Vietnam
To take a commercial loan
To call for external investment
In all three options, it is assumed that land is provided on a grant basis for AITU.
21
Option 1: Concessional loan
To finance the project, AITU will apply for a concessional loan from international
financial establishments. The terms for such as loan shall be: fixed interest rate at 5% per
year, for 20 years with a grace period of 5 years.
Currently, international development agencies such as DANIDA, SIDA, FINNIDA, JICA
etc are offering this kind of financial facilities to Vietnam. Non-profit educational
projects are eligible for such a loan providing that the Government will guarantee it.
Assuming that the conditions for a 20-year loan are that interest rate of 5% per year is
fixed and the grace period is 5 year, the cash flow of AITU will be in deficit for the first
two years only.
The weakness of this option is that it requires that the loan be guaranteed. It will require
time to convince the Government of Vietnam to support this requirement.
Option 2: Commercial loan
In this case, AITU will be incorporated as a business entity.
shortcomings of this option as follows:
There are several
-
It is against AIT charter as a non-profit organization
-
The interest expenses will be higher which will affect negatively the profit ability
of AITU
Option 3: External investment
In case option 1 and 2 are not feasible, AITU will need to seek external investors to
finance the project. This option is realistic because there are good precedents. For
instance, BIDV – which is a leading investment bank of Vietnam has agreed to invest in
the Vietnam International High School in Hanoi. RMIT also received bank loans.
Currently, a number of investment funds are interested in this business plan and have
requested more detailed information such as Electricity of Vietnam, Petrovietnam,
Agribank.
Of the three options, the last option of external investment is highly realistic and thus
recommended for further analysis.
Construction and investment plan
Required classrooms, offices and other physical facilities will be constructed in two
phases to better use the investment fund. The first phase investment and construction
will be able to serve for a scope of 1.000 students for the first three years while the
second phase will increase up to 3.000 students.
22
Table 17: Budget plan for Construction
1st phase
Construction
3,419,387
Books for library
612,260
PCs
185,719
Total
4,217,366
2 nd phase
6,838,774
1,224,520
371,438
8,434,731
Total
10,258,161
1,836,780
557,157
12,652,097
23
ANNEX
24
Annex I: Current Operations of AITCV
Currently, AITCV has offered the following training programs:
Academic Programs
The Two-Stage Master Programs, which lead to AIT’s Master of Engineering or
Master of Science, are a joint activity between AITCV and the School of Engineering and
Technology (SET) and School of Environment, Resources and Development (SERD) of
AIT. Students will complete one or two semesters in Vietnam and three or two semesters
at AIT in Bangkok, Thailand, depending on the programs, to obtain master degree. The
currently offered Two-Stage Master programs are:
-
Environmental Technology and Management (ETM)
Information Technology (IT)
Industrial Systems Engineering (ISE)
Construction, Engineering and Infrastructure Management (CEIM)
AIT and AITCV also jointly offer an International Executive Master in Business
Administration (iEMBA). This program is designed for middle and senior level
managers and structured to suit the schedule of working professionals. The classes
areconducted intensively one week every month at AITCV including 5 evenings from
Monday to Friday, two Saturdays and two Sundays (whole day). The duration of the
program is total 18 months with actual class hours of 14 weeks, including 3 times of 2
weeks at AIT in Bangkok, Thailand.
AITU in collaboration with Professional Masters (Institute Universitaire d’Etudes du
Developpement (IUÉD) in Switzerland offers an International Master of Advanced
Studies in Development Studies (IMAS). This is a three-phase program with
international students. It lasts for 9 months from August to April:
- Phase I: 2 months at AITCV
- Phase II: 4 months at student’s own country
- Phase III: 3 months in Geneva, Switzerland
The main theme of the program is “Development and Globalization: from Growth to
Exclusion”. This program is addressed to developmental professionals in public and
private sectors whose decisions can affect the public at large.
Short Courses & Outreach
AITCV has been successfully in this activity with an increasing number of classes and
overall short-term training hours. In 2006, AITCV had 2,700 participants in 158 shortcourses and outreach activities covering the following themes:
25
-
Theme 1: Educational Development
Theme 2: Environment and Rural Development
Theme 3: Management and Business
Theme 4: Information Technology and Industrial Systems Engineering
AITCV will provide opportunities for trainees to achieve their individual potential and
contribute to their career though knowledge, skills and confidence. In 2006, the center
offered a range of comprehensive, flexible and focused training programs of international
standard. A combination of theory and practice is emphasized in the training courses,
which makes the warming relevant and responsive to the needs of trainees and their
organizations.
AITCV trainers, both national and international, are well qualified, experienced and
recognized experts in the fields.
Figure 1 shows the level of tailor-made and open short courses offered since 1994.
Figure 1 – Number of AITCV short courses from 1994 – 2006
Number of AITCV short courses 1994-2006
160
140
120
100
80
60
40
20
0
Number of courses
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
12
23
40
43
65
66
80
91
77
147
130
148
158
26
Annex II: SWOT Analysis
Strengths
 Competence, professionalism, performance and spirit of AITCV staff.
 Good relationship with and support from MOET, and from the Government of
Vietnam in general
 Strong established reputation in Vietnam of both academic degree programs and
short-term training programs of AITCV
 Excellent reputation in Vietnam of academic programs at AIT
 Corporate image of AIT as a truly international postgraduate institution worldwide
 Well established presence of AITCV since 1993 as an international institute in
Vietnam provides an ideal niche for AIT to be known to the donors and public at
large, and for AIT management to better understand the needs and constraints in the
country.
 International Organization status with the accompanying privileges under original
MOA, as amended
 ISO 9002 certification
 AIT management’s understanding Vietnam operating context
 Increasingly diversified range of funding sources, partners, degree programs and
training courses
 Well-developed, practical, adaptable and contextually-appropriate two-stage degree
program structure
 Attractive classroom and training rooms, and good basic educational facilities
 Vietnam chapter of AIT Alumni Association is large and active
Weaknesses
 Shortage of highly qualified specialists
 Lack of full-fledged degree program with resident faculty expertise limits capacity to
take advantage of opportunities, limits understanding of the training needs of
Vietnam, and limits effective promotion of its services
 Lack of a permanent campus
 Lack of investment in facilities, especially IT, and pressure from the market to cut
costs, leading to the risk of declining program quality, and diminishing AITCV's
niche for quality short-course training in Vietnam
 Without more involvement of AIT faculty, AITCV cannot develop, promote, and
deliver services of AIT standard to match expectations by its clientele
 Lack of diversified modes of delivery (e.g., modular approaches, phased-based
training, utilization of distributed education) for both academic degree programs and
short-course training
 Limited exploitation of AIT’s internationality (i.e., international faculty visit for short
periods of time, but students and trainees are exclusively Vietnamese).
 Limited access to loan due to the status of nonprofit organization
 Low endowment fund
27
 AIT can not transfer fund to Vietnam for AIT VN project
Opportunities
 Growing need in high quality education
 Vietnamese are more affordable to tuition fees
 Provision of master and doctoral scholarships by the Government of Vietnam and
Vietnamese industries to students to study at AIT
 Availability of bilateral ODA funding from donors supporting HRD in various sectors
in Vietnam
 Growing awareness by management in various sectors of the need for academic and
continuing education in various domains, specifically management functions and
computer applications
 Cooperation with long-term, well established partners in jointly offered international
degree programs
 University reform in Vietnam is underway.
Threats
 Land for campus development is unsecured.
 Increasing competition from international programs and institutions entering Vietnam
 The market for high quality education and training services in many industries and
sectors in Vietnam is insufficiently mature for a cost-recovery operation
 Bureaucratic problems in some public agencies hamper capacity to tap available
resources.
 English proficiency
28
Annex III: Samples of Undergraduate Program Curriculum
Undergraduate Program in Business Administration .................................................... 30
Undergraduate Program in International Business ........................................................ 33
Undergraduate Program in Finance, Investment and Banking............................... 38
Undergraduate Program in Human Resource Management .......................................... 43
Undergraduate Program in Computer Science .............................................................. 49
Undergraduate Program in Management of Information System .................................. 50
Undergraduate Program in Manufacturing Engineering Technology ........................... 55
Undergraduate Program in Operations Management .................................................... 59
Undergraduate Program in Bioengineering ................................................................... 63
29
Undergraduate Program in Business Administration
Source: www.http://www.preston.edu/academics/busad.html#bba1
Bachelor of Business Administration (BBA-I)
Program Cost: $15,950 | Core & Elective Courses: 120 semester credits
The Bachelor of Business Administration-I (BBA-I) degree requires 120 semester credits
of post secondary college-level study. The BBA-I program is a 40 month, 120 semester
credit program. Students will first complete 60 semester credits including general
education courses and freshman and sophomore-level business courses. The remaining 60
semester credits will consist of business administration course work at the junior and
senior level. It requires the full-time student to take an average of 3 credits per month.
General Education (36 credits)
Social Sciences (Select 9 credits)
AN
1010
Introduction to Anthropology
AN
1210
Introduction to American Culture
GO
1010
Introduction to World Geography
HI
1010
Introduction to World History
IR
1010
Introduction to International Relations
PS
1010
Introduction to General Psychology
SO
1010
Introduction to Sociology
Humanities & Fine Arts (Select 9 credits)
AR
1010
Art History
EN
1010
English Composition
EN
1210
American Spoken English
EN
1220
English Expository Writing
HU
1010
Humanities
PH
1010
Introduction to Philosophy
Sciences (Select 9 credits)
BI
1010
Biology
CH
1010
Chemistry
GL
1010
Introduction to Geology
PY
1010
Introduction to Physics
Mathematics (Select 9 credits)
MA
1010
College Algebra
MA
1020
Introduction to Statistics
MA
2060
Business Math
3
3
3
3
3
3
3
6
3
3
3
6
3
6
6
3
3
6
3
3
30
Degree Concentration (84 semester credits)
Required Core Courses (60 semester credits)
AC
1010
Accounting I
AC
2010
Accounting II (AC 1010 required)
EC
1010
Macro Economics
EC
1020
Micro Economics (EC 1010 required)
MG
2010
Introduction to Business
MK
2050
Introduction to Marketing
CM
2200
Computers in Business
MG
3110
Business Law
MG
4040
International Management
MG
4080
Business Communications
QM
4100
Quantitative Methods for Business
FA
4160
Financial Management
MG
4180
Production Management
MG
4200
Organizational Behavior
MK
4230
Retail Management
MG
4300
Business Ethics
MG
4410
Principles of Management
MG
4420
Business Policy & Strategy
MG
4980
BBA Capstone Course Experience
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
6
Undergraduate Program on Business Administration
Sonoco International Business Department
(Source: http://mooreschool.sc.edu/moore/ib/ib -ug.htm)
The Moore School of Business maintained its top ranking in undergraduate international
business education, according to U.S.News & World Report's latest edition of "America's
Best Colleges Guide." The August 2006 publication ranked Moore School's
undergraduate international business program No. 1 in that specialty area, a ranking the
program has held every year since 1995. The Moore School's undergraduate international
business program leads New York University, the University of Michigan at Ann Arbor,
the Wharton School at the University of Pennsylvania and the University of California at
Berkeley. Undergraduates interested in an international orientation may major in
International Business. This major requires 15 credit hours of course work.
Curriculum

Required:
o Globalization and Business IBUS 310
o Select one of the following functional courses
 International Financial Management IBUS 401
31




o
o
o
o
o
International Marketing IBUS 402
International Information Systems IBUS 405 or MGSC 405
The International Economy ECON 303
International Human Resource Management IBUS 406 or MGMT
406
Select at least one of the following thematic courses:
 Foreign Market Entry and Growth IBUS 422
 Cross-Cultural Behavior and Negotiations IBUS 423
 Exporting and Importing IBUS 424
Select at lease one of the following regional courses:
 Business in Latin America IBUS 441
 Business in Asia IBUS 442
 Business in Europe IBUS 443
 Business in Africa IBUS 490
Four advanced courses (300 level or above) in one of the following
languages:
 Chinese, French, German, Italian, Japanese, Portuguese, Russian,
or Spanish
At least one study period in an overseas location.
A second major in another business discipline to be chosen from:
 Marketing, Management, Finance, Accounting, Economics,
Insurance and Risk Management, Real Estate, or Management
Science
The International Business major provides excellent grounding in international business
and prepares students for the global challenges facing business leaders.
Class size limits
Only 50 students will be admitted to the IB major each year. Admission will be very
competitive. Potential applicants should carefully plan a program of study that
demonstrates their potential for success in the program. Foreign language study in the
freshman and sophomore years is particularly important, so that the student’s ability to
satisfy the program’s language requirement is demonstrated. Students will find the
University’s study abroad opportunities helpful. Clearly, the student’s academic record at
the University of South Carolina should reflect excellence in all aspects of the program of
study selected.
32
Undergraduate Program in International Business
(Source: http://business.fullerton.edu/undergraduate/intlbus.htm)
You may start off in the export department of a local firm, but you could end up
traveling, and conducting business, around the world! Southern California is a major
international business center, and there are many entry level jobs in international sales,
contracts and distribution. Or you might travel for your company, coordinating
international trade shows. Eventually, you might get promoted to director of international
operations.
To prepare for this career path, you'll need to know about business administration and
about international business. To communicate effectively, you'll need to know a foreign
language and how it's used in business. The B.A. in International Business prepares you
for this career path and offers concentrations in Chinese, French, German, Japanese,
Portuguese and Spanish.
Foreign Language Proficiency: Intermediate competency in the appropriate foreign
language is prerequisite to the required concentration courses. To achieve the required
competency level, students should enroll in French, German, Japanese, Portuguese, or
Spanish courses in consultation with an advisor in the Department of Foreign Languages
and Literature, Humanities Building, Room 835C. The advisor will determine which
foreign language courses students are prepared for based on prior experience or study.
Major Requirements (75 units)
Required Lower-Division Core Courses (24 units)
Accounting 201A
Financial Accounting (3)
Accounting 201B
Managerial Accounting (3)
Bus Ad 201
Business Writing (3)
Economics 201
Principles of Microeconomics (3)
Economics 202
Principles of Microeconomics (3)
Management 246
Business & Its Legal Environment (3)
ISDS 265
Intro to Info Systems and Applications (3)
Math 135 or 130
Business Calculus (3 or 4)
Required Upper Division Core Courses (30 units)
Bus Ad 301
Advanced Business Communication (3)
Economics 335
International Economy (3)
33
Finance 320
Business Finance (3)
Finance 370
International Business Finance (3)
Management 339
Principles of Management and Operations (3)
Management 340
Organizational Behavior (3)
ISDS 361A
QBA: Probability and Statistics (3)
Marketing 351
Principles of Marketing (3)
Marketing 445
Multinational Marketing Strategies (3)
CBE 495
Internship (3)
Capstone Core Course (3 units)
Management 480
Global Strategic Management (3)
Required Collateral Elective (minimum 3 units)
Minimum of three units chosen from among the following electives:
Anthropology 412
Culture Change (3)
Anthropology 414
Economic Anthropology (3)
Geography 333
Latin America (3)
Geography 336
Europe (3)
Geography 340
Asia (3)
Geography 344
Africa (3)
Geography 360
Economic Geography (3)
History 350
History of Latin American Civilization (3)
History 429 B
Europe Since 1914 (3)
History 453
History of Mexico (3)
Philosophy 312
Business and Professional Ethics (3)
Pol Sc 431
Government & Politics of a Selected Area (3)
34
Pol Sc 457
Politics of International Economics (3)
Sp Com 320
Inter Cultural Communication (3)
Required Concentration (15 units from one of the following areas)
Concentration in Chinese
Chinese 310
Mandarin Chinese in the Business World (3)
Chinese 311
Mandarin Chinese for International Business (3)
Chinese 315
Introduction to Chinese Civilization (3)
Chinese 325
Contemporary Chinese Culture (3)
Chinese 495
Internship (3)
Concentration in French:
French 310
French in the Business World 3)
French 311
French for International
Business (3)
French 315
Origins of Modern France (3)
French 325
Contemporary French
Civilization (3)
French 495
Internship (3)
Concentration in German:
German 310
German in the Business World (3)
German 311
German for International Business (3)
German 315
Introduction to German Civilization (3)
German 325
Current Trends in Culture of German
Speaking People (3)
German 495
Internship (3)
Concentration in Japanese:
Japanese 310
Japanese for the Business World (3)
35
Japanese 311
Japanese for International Business (3)
Japanese 315
Introduction to Japanese Civilization (3)
Japanese 316
Modern Japan (3)
Japan 495
Internship (3)
Concentration in Portuguese:
Portuguese 310
Portuguese in the Business World (3)
Portuguese 317
Advanced Conversation and Composition (3)
Portuguese 320
Introduction to Luso Brazilian Culture
and Civilization (3)
Portuguese 325
Contemporary Brazilian Civilization (3)
Portuguese 495
Internship (3)
Concentration in Spanish:
Spanish 310
Spanish for the Business World (3)
Spanish 311
Spanish for International Business (3)
Spanish 315
Introduction to Spanish Civilization (3)
Spanish 316
Introduction to Spanish American Civilization (3)
Spanish 495
Internship (3)
36
REQUIREMENTS IN OTHER SUBJECTS, GRADES AND RESIDENCE
General Education requirements: All students are required to complete a minimum of
51 semester units of general education courses selected in accordance with the pattern
designated in the University catalog. General education courses must be selected from an
approved list and taken for a letter grade.
English proficiency requirement: Complete the designated upper division writing
course (Buad 301) with grade of "C" (2.0) or better and pass the Examination in Writing
Proficiency (EWP). You must take the EWP when you have completed 60 units toward
the bachelor's degree.
Grades: Attain at least a 2.0 GPA (C average) in all university courses, in all courses in
the major, and in the required concentration courses. In addition, you must earn at least a
C (2.0) grade in each course required for the major other than internships. A grade of "C" (1.7) or lower is not a passing grade.
Grade Option: Take all required core courses and all required concentration courses for
a letter grade (A, B, C, D, F). The credit/no credit grading option may not be used for
these courses, and a grade of CR (credit) will not satisfy the requirements of the degree.
Exception: courses in calculus may be taken credit/no credit, however if it is also taken to
meet general education requirements then it must be taken for a letter grade.
Residence: At least 12 units of upper-division core courses, 6 units of upper-division
concentration courses and 6 units of internships must be taken in residence at CSUF.
37
Undergraduate Program in Finance, Investment and Banking
AIM Curriculum: Courses & Academic Requirements
Courses

Investment Analysis (FINA 181) is the study of financial instruments such as
stocks, bonds, convertibles, and options, and the markets in which they are
traded. The primary concern of the course is with the decision process that
evaluates the various investment opportunities. Download syllabus

Fixed Income Securities (FINA 189) focuses on securities (mainly bonds) that
promise a fixed income stream and all related securities whose valuation are
influenced by interest rates. This course is focused on the concepts and tools that
are useful to managers and investors who want to use these securities, whether for
investing, hedging, market-making, or speculating. Download syllabus

Introduction to Applied Investment Management (FINA 191) covers
investment policy, securities regulation, and the mechanics of the securities
markets. It is intended to prepare students for their summer internship.

Research and Financial Analysis (FINA 192) provides students a thorough
understanding of key investment tools including quantitative research methods,
economic relationships, and financial statement analysis. During this course
students will analyze securities and manage an equity and fixed income portfolio.

Valuation and Portfolio Management (FINA 193) includes the common
approaches to valuing assets, the basic measurements of risk and return, and the
key elements of the portfolio management process. Students will continue to
manage an investment portfolio, evaluate performance, and prepare reports on the
results at the end of the semester.

Investment Management, Ethics, and Society (FINA 194) emphasizes how to
manage investments in a manner that is both ethical and socially responsible.
Students will acquire a thorough understanding of the CFA® professional
standards of conduct in the application of ethics to the moral dimensions of
money management.
38
(Source: http://www.busadm.mu.edu/aim/)
Required Internship
Students accepted into the AIM program will be required to complete a summer
internship between their junior and senior years. It most likely will not be possible for
students to study abroad during their junior or senior years. Also, given the required AIM
courses, it will difficult for students to obtain a double major in business within four
years. For more information about the AIM Internship program or for a list of past and
upcoming internship opportunities, please visit the AIM Internships and Careers page.
Contact
Dr. David S. Krause, Director of the Applied Investment Management Program, College
of Business Administration, (414) 288-1457, david.krause@marquette.edu
39
Undergraduate Program in Finance
(Source: http://www.bus.wisc.edu/finance/)
The curriculum of our department prepares students for careers in corporate financial
management, the investments and securities business, and the management of financial
institutions, e.g., banks and insurance companies. The theory of finance and its
applications are emphasized. Students learn about: security analysis and valuation,
security trading, government policy and financial markets, financial forecasting, capital
structure, financial risk management, venture capital, security issuance and international
finance.
A significant part of our coursework teaches you to understand risk and uncertainty, both
at an intuitive level and at a technical level. More importantly, you learn to construct
models of financial decisions, e.g. an investor’s portfolio choice problem, the issuance of
securities by corporations and the structure of financial investments by banks. These
models are inherently quantitative, relying on knowledge of calculus and statistics. Not
surprisingly then, you should be well prepared in mathematics before you enroll in
finance courses.
Finance Careers and Recommended Courses
Asset Management and Security Analysis
Recommended Electives
-
FINANCE 445 Multinational Business Finance (3 credits)
FINANCE 520 Intermediate Investment Theory (3 credits)
FINANCE 630 Fixed Income and Derivative Securities (3 credits)
FINANCE 635 Security Analysis (3 credits)
Other Relevant Courses
Real Est 425 Real Estate Asset Management (3 credits)
Acct I S 603 Financial Statement Analysis (3 credits)
Econ 364 Survey of International Economics (4 credits)
Econ 464 International Trade and Finance (4 credits)
Commercial Banking
Recommended Electives
- FINANCE 410 Bank Management
- FINANCE 445 Multinational Business Finance (3 credits)
- FINANCE 610 Bank Simulation and Strategy
- FINANCE 630 Fixed Income and Derivative Securities (3 credits)
Other Relevant Courses
- ACCT I S 406 Advanced Financial Reporting (3 credits)
- ACCT I S 603 Financial Statement Analysis (3 credits)
- RMI 640 Management of Insurance Enterprise (3 credits)
- Real Est 410 Real Estate Finance (3 credits)
Corporate Financial Management
40
Recommended Electives
- FINANCE 365 Contemporary Topics — Entrepreneurial Finance (3 credits)
- FINANCE 445 Multinational Business Finance (3 credits)
- FINANCE 455 Financial Policy (3 credits)
- FINANCE 630 Fixed Income and Derivative Securities (3 credits)
Other Relevant Courses
-
ACCT I S 329 Taxation: Concepts for Business and Personal Planning (3 credits)
ACCT I S 406 Advanced Financial Reporting (3 credits)
ACCT I S 603 Financial Statement Analysis (3 credits)
Econ 364 Survey of International Economics (4 credits)
Econ 464 International Trade and Finance (4 credits)
Investment Banking
Recommended Electives
- FINANCE 365 Contemporary Topics — Entrepreneurial Finance
- FINANCE 455 Financial Policy
- FINANCE 630 Fixed Income and Derivative Securities (3 credits)
- FINANCE 635 Security Analysis (3 credits)
Other Relevant Courses
-
ACCT I S 406 Advanced Financial Reporting (3 credits)
ACCT I S 603 Financial Statement Analysis (3 credits)
Real Est 410 Real Estate Finance (3 credits)
The Finance Major
The major requirements give students the preparation necessary to compete in the finance
job market.
If you are a new student, entering the business school in the fall 2004 semester, then you
must meet a set of requirements that are different than those for continuing students (and
different from the requirements in the University of Wisconsin-Madison course catalog).
It is strongly recommended that you contact the advisors in the Undergraduate Programs
Office of the Business School if you wish to pursue the Finance major. For many
students, four semesters are required to complete the major. For some students, e.g.,
those who study abroad during their junior or senior years, a fifth semester of coursework
is required for the major. The advisors in the Undergraduate Office will help you to plan
your schedule of courses.
Students enhance their chances of getting a superior job in the finance profession by
participating in undergraduate finance clubs and in internships, and by selecting electives
wisely. Electives should be chosen in consultation with an advisor. As a general rule,
excellent electives are accounting courses and those that train students to write well and
to speak in public. Other good electives are courses in Risk and Insurance, Real Estate,
and Economics.
Prerequisite Requirements
41
The quality of instruction in our courses is much greater when all students have
equivalent preparation than when they do not. With this in mind, all students – including
both finance majors and others – must meet the prerequisite requirements of Finance
Department courses before they enroll. Prerequisite requirements for specific courses are
listed in the University of Wisconsin-Madison Course Catalog, and in the University
Timetable.
In particular, you should study carefully the calculus and statistics courses that are
required to enroll in Finance 320 Investment Theory.
Prerequisite requirements for Finance Department courses are enforced. Therefore, you
should refer to the catalog and the timetable to plan your schedule of courses in advance.
If you have questions regarding scheduling of your coursework in order to enroll in
Finance Department courses, please contact the advisors in Undergraduate Programs
Office in the Business School.
Pursuit of Graduate Degrees
You may be one of a small number of students who wish to continue their studies and
obtain a masters degree or a Ph.D. degree in finance. If so, please contact the Finance
Department Office for information.
42
UNDERGRADUATE PROGRAMS
Undergraduate Program in Human Resource Management
This program is designed for students whose career objectives lie in the field of personnel
management. The curriculum in human resource management is designed to acquaint the
student with modern personnel management in its broadest sense. Included are both the
traditional areas of personnel administration and labor relations (such as employment,
management development, wage and salary administration, organizational planning, and
contract negotiation) and developments in the behavioral sciences with implications for a
complete human resource management program. Students are provided with the broad
spectrum of knowledge they need for a career in organizational leadership or human
resource management, and to encourage and develop interest in further study and
research in this area.
Human Resources Management Degree Requirements
Note: Nearly all of the following courses have prerequisites and many require admission
to the School of Business. Prerequisites for 300-level and 400-level courses are strictly
enforced. Senior standing and Integrative Core are prerequisites for all 400-level
Business courses. Some elective courses are offered on a limited basis. See a Kelley
School of Business academic advisor for details concerning these and other requirements.
Required Business Courses (12 credit hours)
BUS-Z 340 (3 cr.)
Personnel - Human Resource Management
P: Junior standing
BUS-Z 313 (1.5 cr.)
Employee Benefits ** For students admitted to Kelley
P: BUS-Z 340
Fall 2006 and after
BUS-Z 441 (3 cr.)
BUS-Z 443 (3 cr.)
BUS-Z 445 (3 cr.)
Wage and Salary Administration
P: Kelley admit, I-Core, BUS-Z 340, BUS-Z 302
Training and Development
P: Kelley admit, I-Core, BUS-Z 340, BUS-Z 302
Human Resource Selection
P: Kelley admit, I-Core, BUS-Z 340, BUS-Z 302
Electives: Choose 2 from the following list (6 credit hours)
43
BUS-W
430
(3 cr.)
BUS-Z 404 (3 cr.)
BUS-Z 480 (3 cr.)
BUS-S 302 (3 cr.)
OLS 331
(3 cr.)
Organizations and Organizational Change
P: Kelley admit, I-Core, BUS-Z 302
Effective Negotiations
P: Kelley admit, I-Core, BUS-Z 340, BUS-Z 302
Professional Practice in Human Resource Management
P: Kelley admit, I-Core, BUS-Z 340, BUS-Z 302,
Authorization required
Management Information Systems
P: Kelley admit, BUS-K 201
Occupational Safety and Health
Human Resource Management Faculty
Barbara L. Hassell
Elizabeth Malatestinic
BS 4039
BS 4038
317-274-2752
317-278-2601
Human Resource Management Links



Society for Human Resource Management: A website sponsored by this
professional organization which includes a large number of useful professional
links.
Equal Employment Opportunity Commission: Government sponsored website.
International Association for Human Resource Information Management:
Includes a calendar of events and links to a variety of publications.
44
Undergraduate Program in Human Resources Management
Program Description
The Department of Organization Studies offers two undergraduate concentrations:
Management and Leadership and Human Resource Management. Both concentrations
focus on the “people” side of management and contain elements of applied psychology,
anthropology and sociology. Ultimately, the focus is on building the human and social
capital of the organization. Additionally, in conjunction with the Lynch School of
Education, the department offers a minor in Human Development, available to all CSOM
students regardless of which concentration they choose.
Concentration in Management and Leadership
While technical skills can be critical in landing an entry-level job, it is management and
leadership skills that are critical for promotion into the managerial ranks. The aim of this
concentration is to build the skills that employees will need to manage and lead others. In
addition, the concentration in Management and Leadership at Boston College gives
students the opportunity to interact with leaders in the Boston business community in
order to learn first-hand what leadership is all about.
The concentration is completed by taking four courses beyond the required courses in the
Carroll School of Management Common Body of Knowledge, which includes MB 021
Organizational Behavior or MB 031 Organizational Behavior—Honors. MB 127
Leadership is the cornerstone of the concentration. Students must choose at least three
electives from a variety of courses.
Required of all concentrators:

MB 021 Organizational Behavior or MB 031 Organizational Behavior-Honors

MB 127 Leadership
Electives:












MB 109 Human Groups at Work
MB 110 Human Resources Management (ordinarily taken junior year)
MB 111 Ethical Leadership and Changing Methods
MB 119 Interpersonal Communication in Organizations
MB 123 Negotiation
MB 135 Career and Human Resources Planning
MB 137 Managing Diversity
MB 145 Environmental Management
MB 299 Independent Study (by permission of instructor)
MB 313 Organizational Research (offered only in the fall)
MB 364 Collective Bargaining
MB 398 Advanced Topics: Women in Leadership
45


MB 399 Advanced Topics in Organizational Behavior and Human Resources
Management
MD 548 Leadership and Mindfulness
MB 601 Comparative Industrial Relations

MB 648 Management of Technology

Career Opportunities
The Management and Leadership concentration prepares students for executive roles in
corporations, non-profits organizations, and government agencies. The common thread is
managing people. In addition, the major provides excellent preparation for a career in
management consulting, which focuses on diagnosing and solving management problems
in client organizations.
Concentration in Human Resources Management
Human Resources Management is an evolving, applied field within organizational
behavior that has played an increasingly significant role in organizations. Stringent laws,
internationalization of business, changing social values in organizations, and a turbulent
employment environment have made the human resources field far more important than it
has been in the past.
In addition to an understanding of what makes the people-side of organizations effective
or ineffective, the Human Resources Management concentration at Boston College gives
students the opportunity to learn about various functions of personnel management. The
development of programs to reduce turnover, forecast personnel needs, and create
coherent career tracks is critical to the success of companies competing in the
international arena. Just as it would be unthinkable for a modern manager to be computer
illiterate, managers without a solid background in human resources management are
destined to be less effective than those with a strong knowledge of human resources
management.
The concentration is completed by taking four courses beyond the required courses in the
Carroll School of Management Common Body of Knowledge, which includes MB 021
Organizational Behavior or MB 031 Organizational Behavior—Honors. MB 110 Human
Resources Management is the first course in the concentration, and MB 313 Personnel
and Organizational Research is also required. Students must choose at least two electives
from a variety of courses.
A minor in Human Development is available each year. It may be of particular interest to
students with special interests in counseling, training, personnel assessment, or work
within social service organizations. Visit the department office, Fulton 433, for
information on this minor.
Required of all concentrators:



MB 021 Organizational Behavior or MB 031 Organizational Behavior-Honors
MB 110 Human Resources Management (ordinarily taken junior year)
MB 313 Personnel and Organizational Research (normally taken in the fall, senior
year)
46
Electives:

MB 111 Ethical Leadership and Changing Methods

MB 119 Interpersonal Communication in Organizations

MB 123 Negotiation

MB 127 Leadership

MB 135 Career and Human Resources Planning

MB 137 Managing Diversity

MB 145 Environmental Management

MB 299 Independent Study (by permission of instructor)

MB 399 Advanced Topics in Organizational Behavior and Human Resources
Management

MB 601 Comparative Industrial Relations

MB 648 Management of Technology
Minor in Human Development
The Minor in Human Development is open to all CSOM students, regardless of their
concentration. In addition to the courses necessary to complete their CSOM
concentration, students in the Minor in Human Development are required to take four
courses in the Lynch School of Education. Three are required. The fourth must be elected
from among upper level psychology in education courses (PY 2xx). This minor may
interest you if you wish to:



Deepen your knowledge of human behavior in the areas of psychology, human
development, and learning in preparation for a career in fields such as human
resource management, marketing research, or advertising.
Gain specialized knowledge in certain specific areas of human resource
management, for example: counseling, training, personnel assessment, family
crisis assistance, drug and alcohol abuse programs, and aging/elderly care.
Prepare for employment in a government or private sector social services
organization.
Required Courses:



PY 032 Psychology of Learning
PY 041 Adolescent Psychology or PY 244 Adult Psychology
PY 242 Personality Theories: Behavior in Context
Students are strongly urged, but not required, to take the PY 030/031 sequence (Child
Growth and Development).
47
Elective Courses (any 200 level course, or above)







PY 230 Abnormal Psychology (PY 242 is prerequisite)
PY 241 Interpersonal Relations
PY 243 Counseling Theories (PY 241 or MB 119, PY 242, and PY 230 are
prerequisites)
PY 244 Adult Psychology
PY 248 Gender Roles
PY 348 Culture, Community, and Change
PY 397 Social Issues and Social Policy
Information for Study Abroad
Students may take any number of electives abroad to count toward either one of the
Organization Studies concentrations. In addition, it is sometimes possible to take the
equivalent of MB 021 abroad. However, this must be approved prior to finishing the
course by the Chairperson of Organization Studies, who will need a copy of the course
syllabus and the name and email address of the professor.
48
Undergraduate Program in Computer Science
The Bachelor of Science in Computer Science program is a 39-month, 13
semesters, 120 credit program. Students first complete 60 credits including general
education courses and freshman and sophomore-level computer science courses.
The remaining 60 semester credits consists of upper-level computer science
courses.
The standard length of the BSCS-1 program is 13 semesters (39 months). It
requires the full-time student to take an average of 3 courses (9 credits) per
semester.
GENERAL EDUCATION
SOCIAL SCIENCES
CREDITS
IR 1010 Introduction to International Relations……………3
PS 1010 Introduction to Psychology ..............................……3
SO 1010 Introduction to Sociology ....................................... 3
HUMANITIES & FINE ARTS
EN 1010 English Composition ..........................................….3
HU 1010 Humanities...........................................................…6
SCIENCES
CH 1010 Chemistry ................................................. ...........….6
PY 1010 Introduction to Physics ....................................…3
MATHEMATICS
MA 1010 College Algebra ...................................................…6
MA 1020 Introduction to Statistics ......................................... 3
TOTAL
36 SEMESTER CREDITS
DEGREE CONCENTRATION
REQUIRFD CORE, COURSES
CREDITS
CS 1000 Introduction to Computers .....................................3
CS 1020 Computer Science Topics
(CS 1000 pre-requisite).......................................... 3
CS 1030 Computer Programming Fundamentals I
(CS 1000 pre-requisite).......................................... 3
CS 1040 Web Site Development
(CS 1000 pre-requisite)........................ .......…...... 3
CS 2030 Computer Programming Fundamentals II
(CS 1030 pre-requisite).......................................... 3
CS 2040 Algorithms and Data Structures
(CS 2030 pre-requisite)............ ..............................3
CS 2050 Operating Systems
(CS 2040 pre-requisite) ....………………………...3
CS 2060 Database Management Systems
(CS 1000 pre-requisite).......................................... 3
CS 2070 Computer Ethics and Law
(CS 1000 pre-requisite).......................................... 3
MA 2080 Discrete Mathematics
(MA 2010 pre-requisite) ...........…………….........................3
CS 3020 Software Engineering Concepts
(CS 1000 pre-requisite).................................…..3
CS 3060 Systems Analysis and Design 1
(CS 1000 pre-requisite)................. .........………3
CS 3070 Systems Analysis and Design II
(CS 3060 pre-requisite)........... ............ . .…. …..3
CS 3130 Data Communications
(MA 2080 pre-requisite) ..................................... 3
CS 4060 Computer Networks (CS 3130 pre-requisites)... 3
CS 4150 Computer Architecture
(CS 1000 and CS 2050 pre-requisites) ................ 3
CS 4980 Undergraduate Capstone Course Project .......... 6
TOTAL
54 SEMESTER CREDITS
ELECTIVE
CS 2010 Information Management Systems
(CS 1000 pre-requisite).........................................3
CS 2020 Advanced Web Site Development
(CS 1040 pre-requisite).........................................3
CS 2080 Progranu16rng With Visual Basic
(CS 2040 pre-requisite)..............….......................3
CS 2090 Programming With Visual Basic 11
(CS 2080 pre-requisite).................…......... .. .......3
CS 3040 Database Theory and Design
(CS 2060 pre-requisite)...................…...................3
CS 3050 Programming Languages
(CS 2040 pre-requisite)....................................…3
CS 3080 Artificial Intelligence
(CS 1000 pre-requisite)......................................... 3
CS 3090 Computer Graphics
(MA 2080 pre-requisite(e) ....………………………3
CS 3120 Software Engineering Project
(CS 3020 pre-requisite)................. ........................3
CS 4030 Modeling and Programming
(CS 2040 pre-requisite).....................................….3
TOTAL
TOTAL REQUIREMENTS:
30 SEMESTER CREDIT S
120 SEMESTER CREDITS
49
Undergraduate Program in Management of Information System
The undergraduate program in MIS is designed to educate future information systems
professionals and managers. The student is offered coursework choices that allow
preparation for a variety of jobs. Typical entry-level positions include application
programmer, systems analyst, information analyst, and end user support specialist. In
addition to technical topics, the program emphasizes the management of information
systems so that its graduates can ultimately assume managerial positions, such as Vice
President for Information Services. In some companies, information systems are of such
strategic importance that managers with an MIS background are becoming chief
executive officers.
The program is interdisciplinary in nature with specialized training in information
systems, management, and information technology. It builds on the Terry College's
common core, which includes coursework in accounting, economics, business law,
mathematics, statistics, computer programming, finance, marketing, production, and
management. Often, the common core is completed before taking coursework in the MIS
program.
The programs' educational objectives are realized through a variety of instructional
methods, including: "hands-on" computer experience; class lecture and discussion;
textbook and article study; class assignments, laboratory projects, and applied (team)
projects in the business community; case studies; demonstrations; field trips; and
presentations by practitioners from the MIS community.
You will find a precise description of each offered MIS class below:
You can find syllabi for any Terry course here.
MIST 2090. Introduction to Information Systems in Business. 3 hours.
Oasis Title: INTRO TO INFO SYS.
Not open to students with credit in CSCI 1100-1100L or MGMT 2090 or MGMT 2190H.
Computer concepts and information technology in business, including hardware and
software concepts, fundamentals of information systems, telecommunications, and
business-related software packages.
Offered every year.
MIST 2190H. Introduction to Information Systems in Business (Honors). 3 hours.
Oasis Title: INTRO TO INFO SYS.
Not open to students with credit in CSCI 1100-1100L or MGMT 2090 or MGMT 2190H.
Prerequisite: Permission of Honors.
Computer concepts and information technology in business, including hardware and
software concepts, fundamentals of information systems, telecommunications, and
business-related software packages.
Offered every year.
50
MIST 4600. Computer Programming in Business. 3 hours.
Oasis Title: COMP PROG IN BUS.
Not open to students with credit in MGMT 4600.
Prerequisite: MIST 2090.
Introduction to computer programming. Program development using an object-oriented
language; top-down design; structured programming; elementary data structures; and
debugging, testing and implementation.
Offered every year.
MIST 4610.Data Management. 3 hours.
Oasis Title: DATA MANAGEMENT.
Not open to students with credit in MGMT 4610.
Prerequisite: MIST 2090.
Data management, including database development, access, and administration. The
focus is on issues and principles of managing organizational data. Students will get
extensive experience in developing data models, creating relational databases, and
formulating and executing complex queries.
Offered every year.
MIST 4620. Systems Analysis and Design. 3 hours.
Oasis Title: SYS ANAL & DESIGN.
Not open to students with credit in MGMT 4620.
Prerequisite: MIST 4600 and MIST 4610; Corequisite or prerequisite: MIST 4630.
Structured systems analysis and design with emphasis on the development of business
application systems. Methods of systems documentation are examined through the use of
tools and techniques for describing process flows, data flows, data structures, system
objects, file designs, input and output designs, and program specifications.
Offered every year.
MIST 4630. Network-Based Application Development. 3 hours.
Oasis Title: NET APP DEV.
Prerequisite: MIST 4600 and MIST 4610; Corequisite: MIST 4620.
Network-based application development using a current development language and
platform. Concepts include: application development strategies and techniques, web
technology platforms, a web development language and web services. Projects will
involve development of a network-based application for an organization.
Offered every year.
MIST 4700. Management Information Systems Internship or Cooperative
Education. 3 hours.
Oasis Title: MIS INTERN/CO-OP.
Not open to students with credit in MGMT 4700.
Prerequisite: MGMT 3000 and MIST 4600 and MIST 4610 and permission of
department.
Students are permitted to enter businesses, governmental agencies, or other organizations
for the purposes of obtaining practical and applied management information systems
51
experience. A paper or suitable project associated with a description and analysis of this
experience is required.
Credit for this course does not count towards the MIS major. It may be used as a Free
Elective.
Offered every year.
MIST 5600. Special Topics in Management Information Systems. 3 hours.
Repeatable for maximum 9 hours credit.
Oasis Title: SPECIAL TOPICS MIS.
Not open to students with credit in MGMT 5600.
Prerequisite: MIST 4600 and MIST 4610.
The management information systems field evolves rapidly and covers many topic areas.
Recent developments in areas such as office automation, data communications, and the
implementation of management information systems.
Offered every year.
MIST 5620. Business Intelligence. 3 hours.
Oasis Title: BUS INTELLIGENCE.
Not open to students with credit in MGMT 5620.
Prerequisite: MIST 4600 and MIST 4610.
Business intelligence provides the highest level of information support to aid the manager
in the decision-making process. This course provides the student with the skills necessary
to conceptualize, build and implement systems utilizing business intelligence in
organizations.
Offered every year.
MIST 5640. Network Management. 3 hours.
Oasis Title: NET MGMT.
Prerequisite: MIST 4600 and MIST 4610.
Basic computer networking technology concepts, standards, products, services, security,
and emerging technologies. This course starts with basic networking, progressing to use
of networking to deliver and manage network applications/services. While the focus for
the course is around the Internet, the application of the concepts extends to other
networks.
Offered every year.
MIST 5650. Integrated Enterprise-Wide Systems. 3 hours.
Oasis Title: ENTERPRISE SYSTEMS.
Prerequisite: MIST 4620.
Introducing student to issues of computer information systems supporting business
process integration in large organizations. We focus on the problems that traditionally
fragmented information systems create, the possibility of purchasable enterprise-wide
integrated systems (often called Enterprise Resources Planning or ERP systems), and the
benefits and difficulties of implementing such systems.
Offered every year.
52
MIST 5670. Managing the Information System Resource. 3 hours.
Oasis Title: MAN IS RES.
Not open to students with credit in MGMT 5670.
Prerequisite: MIST 4620.
The issues and management techniques involved in administering the Information
System/Resource activities in an organization. The focus is on computer-based resources
and IS development activities. Management of IS professionals, development and
management of project teams, user-professional relationships, emerging technologies,
and planning processes. A sociotechnical perspective is emphasized.
Offered every year.
MIST 5730. Advanced Data Management. 3 hours.
Oasis Title: ADVANCED DATA MGMT.
Prerequisite: MIST 4600 and MIST 4610.
SGML, XML and associated technologies, XML implementations, XML tools, XML
data management, business uses and applications of XML, data synchronization
technologies and managing data synchronization systems.
Offered every year.
MIST 5740. Project Management. 3 hours.
Oasis Title: PROJECT MANAGEMENT.
Fundamental and practical aspects of project management, especially with regard to
leadership and managerial processes and tools essential to successful project completion.
MIST 5750. Business Process Management. 3 hours.
Oasis Title: BUS PROCESS MGMT.
Prerequisite: MIST 2090.
Modeling business work systems with focus on processes and the information technology
(IT) to support business processes. The focus is on using IT to create, automate, and
integrate business processes. Major topics covered: modeling work systems, major
business processes and their relationships, modeling tools, business process/application
development and integration approaches, creating business application systems without
programming.
Offered every year.
MIST 5760 Accounting Controls, Information Systems, Auditing and Assurance. 3
hours.
Oasis Title: CONTROLS & IS AUDIT
Prerequisite: ACCT 2102 or MIST 4620
Focuses on understanding how critical business processes (revenue cycle, systems
development cycle, etc.) are tracked and guided by various "controls" to insure their
integrity. Covers controls in a manual operation, a typical "legacy" information systems
environment, and a modern integrated ERP environment. Hands-on experience with SAP
(a major ERP system).
Offered every year.
53
MIST 5780 Globalization and Information Technology. 3 hours.
Oasis Title: GLOBAL INFO SYSTEM
Prerequisite: MIST 2090 or MIST2190H or CSCI 1100-1100L
The course introduces students to globalization and its linkage with information
technology. Topics covered include globalization strategies, cultural and structural issues
impacting the development, adoption, and use of IT, offshore sourcing, the digital divide,
and e-readiness.
Offered every year.
MIST 5990. Directed Study. 3 hours.
Oasis Title: DIRECTED STUDY
Permission of Department.
Directed study in management information systems topics, giving particular attention to
specialized problems in an area related to a student's academic interests.
54
Undergraduate Program in Manufacturing Engineering Technology
Source: http://www.uc.edu/programs/viewprog.asp?progid=556
program title
program type
program code
college
department
location
last updated
Non-Degree Program
28NONE-MFTN
Raymond Walters
UC College of Applied Science
Regional Campus
2/19/2001
About the Program
The Manufacturing Engineering Technology program is designed to educate the
professional industrial worker in the new technologies which will integrate
manufacturing functions in the factory of the future. In a report to the President of the
United States, the Business-Higher Education Forum concluded:
“To function effectively in the work place, future workers must be literate, educated, and
creative, in addition to being skilled. Because jobs involving repetitive tasks will be
performed more efficiently by flexible automation than by humans, people will need the
following abilities: to communicate; to acquire and integrate information; to perform a
variety of tasks, and to manage non-routine situations.”
The two-year Associate of Applied Science degree is approved by the Tech Prep
Consortium as the Industrial Manufacturing Technology curriculum. It is a path to
understanding the basic principles that underlie the new technologies that are
revolutionizing the factory floor. Individuals successfully completing the program will
experience the increased confidence and self-esteem that come with a college degree.
They will also develop concrete skills and knowledge related to their profession.
The general education core of the Manufacturing Engineering Technology program
consists of courses which are designed to enhance the worker’s ability to communicate,
to acquire and integrate information, and to manage and work effectively with other
people. Included are courses in mathematics, basic sciences, social and behavioral
sciences, and communications. These courses are taken at the beginning of the program
to provide students with the foundation for the subsequent technical and applied
coursework.
About one-half of the total courses in the program are technical or applied, and relate to
these five categories: computer programming, manufacturing processes and operations,
process and machine control systems, applied mechanics and materials, and technical
55
design.
The Manufacturing Engineering Technology program is offered jointly by the College
of Applied Science and Raymond Walters College, two colleges of the University of
Cincinnati.
Annually, about 50 percent of the students in these colleges are 27 years of age or older.
Both colleges offer programs, courses, and seminars for adult learners.
Program Requirements
General Curriculum
English Composition I*
English Composition II (Technical Writing Component)***
English Composition III*
College Algebra I, II & Trigonometry*
Calculus I, II*
Probability & Statistics
Fundamentals of Chemistry I
Material Science
Physics for Technology I & Lab
Physics for Technology II & Lab
Fundamentals of Speech*
Survey of Economics*
Humanities/Social Science Electives*
TOTAL
Technical Curriculum
Principles of Manufacturing I & Lab
Principles of Manufacturing II & Lab
Principles of Manufacturing III & Lab
Engineering Design Graphics I
Engineering Design Graphics II
Statics
Programming (C or FORTRAN)
Mechanics of Materials I
Manufacturing Process Technology I, II
Basic Electrical Circuits & Lab
Mechanisms
Logic Control
Statistical Quality Control
CNC Systems
TOTAL
3
3
3
9**
8
4
4
4
4
4
3
3
6
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3
3
3
3
4
4
3
4
6
3
4
4
3
3
50
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* These courses can be taken at Raymond Walters College.
** Only four credit hours are required.
*** Technical Communication must be taken in place of English Composition II.
Admission Requirements
Admission to RWC
You may enroll in Raymond Walters College if you graduated from an accredited high
school or preparatory school, or have a GED certificate (minimum composite score of
45). The college’s rolling admissions policy allows you to start any quarter: autumn,
winter, spring, or summer.
High school students who are considering RWC should take either the SAT or ACT
college entrance examination for use in guidance and counseling. All students entering a
degree program must also take the college’s placement test prior to registering for
classes. This test is given on the RWC campus.
Admission to the Program
Applicants to this program will be admitted to the University of Cincinnati Raymond
Walters College or UC’s College of Applied Science.
If you have previously attended college, some credits earned may apply to this program.
If you have work experience in manufacturing, you may receive academic credit for
your practical experience. You should discuss previous college and work experience
with your academic adviser.
The RWC Admissions Office provides an application for admission and all the
information you’ll need to enroll in the college.
Of Special Interest
Recognizing the special needs of adult learners, Raymond Walters offers support
services intended to increase your opportunities for success in a degree program.
Quarterly “How to Study” seminars, a College Study Skills course, math, reading, and
writing labs, and one-on-one tutoring are all available to any student enrolled in the
Manufacturing Engineering Technology program.
Individuals who already possess a bachelor’s degree may pursue a professional
certificate rather than an associate’s degree in Manufacturing Engineering Technology.
The professional certificate is granted after a student has completed the technical and
applied courses that are part of the program.
The Manufacturing Engineering Technology program can be completed entirely through
evening study.
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Accreditation
The University of Cincinnati is accredited by the North Central Association of Colleges
and Schools.
For More Information
For further information about this program, write or call:
(513)794-0541
Professional Development Center
University of Cincinnati
Raymond Walters College
4450 Carver Woods Drive
Blue Ash, OH 45242
This program outline is for general information purposes only and is subject to change.
It is not a specific curriculum guide for currently enrolled students.
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Undergraduate Program in Operations Management
Source: http://w4.stern.nyu.edu/ioms/academic.cfm?doc_id=2552
Virtually every section of the economy has been shaken by revolutionary changes in the
ways firms provide customers with goods and services. Firms are responding to these
changes by reengineering their operations. Operations management enables firms to gain
a competitive advantage by, at a minimum, cost leadership quality superiority, flexible
response to customer needs, and getting products and services to market quickly.
Our mission is to equip 21st-century managers with the ability and analytical skills to lead
and manage organizations with complex operations.
Our faculty is known for cutting-edge research on critical, emerging operations and
strategic issues. This research is reflected not only in the foundation core course but also
in the several unique advanced electives offered. We are a multidisciplinary group with
expertise in mass customization, business process design, service operations, value chain
management, environmental management, quality, distribution channel management, risk
analysis and management, manufacturing systems design, and global operations strategy.
We consult and conduct research on real-world problems in a variety of industries and
government agencies. These include banking, automobiles, telecommunications,
electronics, machines tools, cosmetics, chemicals, pollution control, waste management,
consumer goods, airlines, health care, steel, retailing, computers, utilities, and NASA.
We emphasize active learning through internships, experiential exercises, real-world
cases, guestakers, field visits and hands-on field projects. We constantly stress the
relationships between analytic and strategic perspectives.
A working knowledge of today’s key operations issues provides the skills to build
successful careers in many fields. As firms restructure in response to global challenges in
the marketplace, ample opportunities exist for managers in every function to excel by
analyzing and improving business operations. For example, an operations consultant or
manager would acquire the skills necessary to undertake business process improvements,
total quality management initiatives, and customer service improvements. A financial
analyst or management consultant would be in a better position to evaluate a firm’s
strengths, weaknesses, and valuation by understanding how operations affect its
competitive position and long-term cash flow. A marketing manager who understands
operations would be better positioned to take multiple, simultaneous product
development projects from conception through delivery, on time and on budget. This
would allow firms to bring products to market more quickly, cheaply, and with better
quality. A chief information officer or logistics director who understands operations
would be in a better position to design and implement state-of-the-art manufacturing and
service delivery systems.
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Undergraduate Program in Operations Management
Undergraduate Core Course
C60.0001 Competitive Advantage from Operations
Undergraduate Elective Courses
Supply Chain Management*
Decision Models (offered Spring 2007)
*See OM Advisor for course number.
CONCENTRATION IN OPERATIONS MANAGEMENT
The Operations Management Group of the Department of Information, Operations,
and Management Sciences offers one core course (Competitive Advantage from
Operations, C60.0001) and three electives (Supply Chain Management, C60.0005;
Decision Models, C60.0007; and Technology and Innovation Management,
C50.0008) at the undergraduate level. Students interested in pursuing advanced study
may request permission to enroll in graduate operations management electives that
would be taken together with M.B.A. students. (Such students are expected to take
two elective courses.)
Students interested in a concentration in operations management must make an
appointment to see the undergraduate program coordinator so that an appropriate set
of courses, which includes advanced electives, can be crafted.
Competitive Advantage from Operations
C60.0001
4 points
Prerequisites: V31.0002, C22.0103 (or C22.0001 and C22.0003), and junior
standing. Corequisite: C10.0102 (or C10.0001 with C10.0002).
Designed to give students a better understanding of how firms can gain competitive
advantage from their operations function. Typically this requires the firm to achieve,
at a minimum cost, quality, and ecological parity; responsiveness and adaptability to
customer needs and desires; rapid time to market; process technology leadership; and
sufficient and responsive capacity. A problem-solving framework is developed that
enables students to undertake managerial and technical analysis that should result in
the desired comparative advantage. Both service and manufacturing case examples
are utilized.
Supply Chain Management
See OM Faculty Advisor for Course Number
3 points
Prerequisite: C60.0001
The function of supply chain management is to design and manage the processes,
assets, and flows of material and information required to satisfy customers’ demands.
Logistics-related costs account for 20 to 25 percent of a typical firm’s total costs. On
the revenue side, the supply chain decisions have a direct impact on the market
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penetration and customer service. Globalization of economy and electronic commerce
have heightened the strategic importance of supply chain management and created
new opportunities for using supply chain strategy and planning as a competitive tool.
Electronic commerce has not only created new distribution channels for consumers
but also revolutionized the industrial marketplace by facilitating interfirm
communication and by creating efficient markets through trading communities.
Moreover, the combination of enterprise information infrastructure and the Internet
has paved the way for a variety of supply chain optimization technologies. Topics
covered include supply chain network design, inventory management, B2B and B2C
electronic commerce, use information technology in supply chain optimization, and
interfirm collaboration.
Decision Models (offered Spring 2007)
C60.0007
3 points
Prerequisite: C60.0001
Introduces the basic principles and techniques of applied mathematical modeling for
managerial decision making. Students learn to use some of the more important
analytic methods (e.g., spreadsheet modeling, optimization, Monte-Carlo simulation),
to recognize their assumptions and limitations, and to employ them in decision
making. Students learn to develop mathematical models that can be used to improve
decision making within an organization; sharpen their ability to structure problems
and to perform logical analyses; translate descriptions of decision problems into
formal models and investigate those models in an organized fashion; identify settings
in which models can be used effectively and apply modeling concepts in practical
situations; and strengthen their computer skills, focusing on how to use the computer
to support decision making.
The emphasis is on model formulation and interpretation of results, not on
mathematical theory. This course is aimed at undergraduate students with little prior
exposure to modeling and quantitative analysis, but it is appropriate for all students
who wish to strengthen their quantitative skills. The emphasis is on models that are
widely used in diverse industries and functional areas, including finance, operations,
and marketing.
Technological Innovation and New Product Development
C50.0008
3 points
Prerequisite: C50.0001. Counts as an advanced elective toward the certificate in operations
management.
See the Management Department website for the course description, or click on the
course name and # above.
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Undergraduate Program in Bioengineering
Program Description
Source: http://aesop.rutgers.edu/~biotechcurr/programdescription.html
The New Jersey Department of Higher Education approved the B.S. degree program in
biotechnology at Cook College in September 1989, and it was adopted as a Douglass College
major two years later. It was one of the first in the country and has received national
recognition as a model curriculum.
Foundations
The Biotechnology Curriculum provides students with fundamental knowledge and laboratory
skills in biotechnology, including molecular biology, underpinned by a firm foundation in
biology and the physical sciences. The primary objectives of the program are to broadly
educate students for positions in the biotechnology industry and to prepare students for
graduate and professional study in the life sciences. The strong life and physical sciences
foundation of the curriculum involves extensive laboratory and work and research experience,
as well as a choice of specialization in one of the following fields: animal, microbial and plant
biotechnology; bioinformatics and bioscience policy and management.. Within each of these
areas, students are exposed to current problems in the biological sciences and the role that
biotechnology can play in solving them, and importantly to the diverse social issues relating to
biotechnology.
The curriculum is interdisciplinary, drawing from faculty expertise in six departments and
providing the students with the breadth of relevant course offerings. There are ten core faculty
who teach the majority of the courses, advise students, and actively participate in curriculum
development. They are enthused about the program and its excellent students and have worked
selflessly in offering the program. Additional faculty serve as mentors for undergraduate
research students and teach courses offered by other curricula.
Curriculum and More
The number of students majoring in biotechnology at Rutgers University is presently 200. In
1994, twenty-five first-year students at Cook College declared biotechnology as their major,
and the average GPA was 3.6! The facilities are much improved since the program's inception.
The ultramodern teaching laboratory and support space in Foran Hall is furnished with stateof-the-art equipment with funds provided by NSF, the University and the State. In 1999, a new
teaching computer laboratory was added in Foran Hall. Moreover, an addition to Foran Hall in
the fall of 2000 more than doubled the teaching laboratory space. With a $1.3 million grant
awarded from the State in 2000, coupled with generous support from the corporate sector,
Rutgers established an educational, research and training facility in high throughput screening
and analytical microbiology to prepare our undergraduates for careers in the emerging high
technology biotechnology field.
The curriculum itself is both innovative and intensive. The students are given sample
opportunity for hands-on state-of-the-art laboratory experience, both in a formal classroom
setting and in the research laboratory. All of our majors engage in research prior to graduation,
most often at Rutgers University or UMDNJ, but also through placements in neighboring
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industrial corporations. Many students begin research projects in their sophomore year and are
able to complete a significant body of work comparable to a M.S. thesis prior to
undergraduate commencement. In 1998, a grant from the USDA provided funds for paid
summer internships for ten biotechnology majors for the summers of 1999-2001. The
University has recently provided additional funds to provide ten undergraduate research
internships for a ten-week research and biotechnology enrichment program for the summers of
2004-2006. Funds are currently sought from corporate partners to continue this program.
Opportunities are also available for biotechnology internships through the cooperative
education program.
In addition to learning in the classroom and research laboratory, the students discuss the
societal impact of biotechnology, beginning with a freshman seminar course and ending in
their capstone senior seminar. The faculty realize that it is essential that the students recognize
both the advantages and disadvantages of the technology and are able to effectively
communicate these points to a wide community. The students have so much enjoyed this
opportunity that they have carried their excitement beyond the classroom through activities
spearheaded by the Designer Genes Club. Their programs have included panel discussions
focused on various aspects of biotechnology's impact on society. Likewise, they have shared
their enthusiasm for undergraduate research by sponsoring undergraduate research fairs to
introduce potential faculty and industrial research advisors to aspiring undergraduate
researchers. These fairs have been well attended, attracting students from several majors and
all of the colleges in New Brunswick.
While the Biotechnology Curriculum is still relatively young, it has already established a
strong track record. Among our graduates, six have won NSF predoctoral fellowships and
another was awarded a Howard Hughes fellowship for graduate studies. Nearly all of the
graduates have gone on either to prestigious graduate schools of their choice, medical school
(several with early admission), vet school, or to research positions in biotechnology/molecular
biology in industry or academia. As an example of the demand for our students, the three top
applicants out of 55 for a research position at Johnson and Johnson in 1993 were from that
year's graduating class of biotechnology majors. Several large pharmaceutical companies,
including Merck, Hoffman LaRoche, Schering Plough, Sanofi-Aventis, Bristol Myers-Squibb
and Novartis, have hired our graduates and make requests for more. Roughly one-half of the
graduates pursue advanced degrees and the other half join the workforce.
Awards
The strengths of the biotechnology undergraduate program and its faculty have been
recognized in several tangible ways. In the summer of 1990, Cook College hosted a very
successful NSF-sponsored Research Experience for Undergraduate Program (REU) in plant
biotechnology. Fifeteen years ago, we received a grant from NSF's Instrumentation and
Laboratory Improvement (ILI) program to support the central biotechnology laboratory
courses. Several reviewers of this grant proposal acknowledged the strength of the entire
curriculum and the national leadership role Rutgers has taken in developing this forwardthinking program.
More than half of the core faculty have received teaching and/or undergraduate advising
awards, including Dr. Theodore Chase (Cook College Award for Outstanding Undergraduate
Advising in 1991 and for Sustained Academic and Professional Excellence in 1997); Dr.
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Barry Jesse (Cook College Award for Excellence in Teaching in 1994 and Outstanding
Undergraduate Advisor in 1996, and Cook College Award for Sustained Academic Excellence
in 2002); Dr. Donald Kobayashi (Cook College Award for Excellence in Teaching in 1996);
Dr. Barbara Zilinskas (Cook College Award for Sustained Academic and Professional
Excellence in 1990, Warren Sussman Award for Teaching Excellence in 1995, the USDA
Food and Agricultural Sciences Excellence in College and University Teaching Award in
1996, and Rutgers Scholar-Teacher Award in 2003); and Dr. Gerben Zylstra (NSF Young
Investigator Award and Exxon Education Foundation Award in 1992, and Cook College
Excellence Award for Academic Innovation and Creativity, 2002). Several of the core faculty
have also received many competitive research awards, illustrating how good teaching and
good research go hand in hand.
The Biotechnology Curriculum was reviewed by a panel of external scientists in October,
1996. The review team found that "the faculty involved in the program are characterized by
the terms excellence and enthusiasm. The program was one of the pioneering undergraduate
Biotechnology programs in the USA and has been the model at other institutions". Finally, the
Biotechnology Curriculum was recognized with the coveted 1997 Rutgers Award for
Programmatic Excellence in Undergraduate Education; in 1998 with a USDA Higher
Education Challenge Grant to enable further curriculum development and to provide summer
research stipends and a summer enrichment program for our students; and in 2000 with a $1.3
million grant from the State to support a project entitled "University-Industry Partnership to
Enhance Biotechnology Education for a High Tech Workforce." In 2006, a grant entitles
"Brazil-U.S. Biotechnology Education Partnership" was awarded to extend the experiential
nature of our existing biotechnology training programs to include problems that transcend
national borders.
Summer Research
This past summer will marked the third year of the Biotechnology Undergraduate Summer
Research Program, sponsored by the Biotechnology Center in cooperation with the
Biotechnology Curriculum. Participants will receive a stipend of $3,700 and conducted
interdisciplinary research in the fields of genetics, biochemistry, microbiology, physiology,
molecular biology, cellular biology and bioinformatics. Broad topics ranged from
environmental microbiology to genetic manipulation of plants to animal functional genomics.
The summer interns has full access to excellent research facilities, an enjoyable summer
enrichment program, as well as other significant opportunities for social interaction. Funds are
currently being sought from corporate partners to continue this program.
Program Requirements
If you would like additional information on the Biotechnology Curriculum or would like to
arrange for an onsite visit, you may contact the Curriculum Coordinator, Dr. Barbara
Zilinskas, Department of Plant Biology and Pathology, Cook College, Rutgers University,
New Brunswick, NJ, 08901 (732-932-9711 extension 232 or zilinskas@aesop.rutgers.edu).
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Undergraduate Program in Bioengineering
Source: http://che.oregonstate.edu/programs/undergraduate/bioe.html
Bioengineering is an interdisciplinary field that applies engineering principles and
quantitative methods to the advancement of knowledge at the molecular and cellular
levels through the ecosystem level, and to the development of new and novel biologicals,
materials, devices, and processes. In practice, bioengineers address issues in the broad
areas of bioenvironmental, biomedical and bioprocess technology.
At many universities, life sciences and engineering are more or less parallel cultures,
reflected in two almost completely disparate disciplines, where students in one have
trouble taking courses in the other. At OSU, bioengineers are trained to work at the
interface between these disciplines. The curriculum for earning the Bachelor of Science
in Bioengineering was developed with input from several regional biomedical and
biotechnology companies as well as representatives from clinical institutions, and
provides a solid background in biology, chemistry, physics and math, in addition to the
engineering sciences. Upper level coursework in bioengineering includes analysis and
design of bioprocesses involving genetically engineered cells, and plant and animal cell
cultures, and the recovery of products from bioreactors, as well as bioinstrumentation,
biomaterials, biomechanics and computational biology. Students may select among the
various upper-division courses, and choose a capstone-design experience in biomedical
engineering or biotechnology, depending on their interests. Graduates have the ability to
formulate and solve problems with medical relevance, including the design of devices
and systems to improve human health and contribute to non-medical areas such as
enzyme and microbial process technologies and bioenvironmental engineering.
Activities in bioengineering are inextricably linked to issues relevant to public health and
confidence. Perhaps more than in any other engineering discipline, bioengineers must
maintain an awareness of ethical issues in their field, and the patterns of thought that lead
to moral judgment and decision-making. Bioengineers must be able to identify situations
posing ethical conflict, select strategies for assessing ethical dilemmas and critically
arriving at a solution, and deal effectively with the ambiguity inherent in ethical matters.
Further, the ability to communicate effectively with people from disparate disciplines,
both inside and outside of science, is essential to bioengineers.
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