School of Business University of Bridgeport Robert Gilmore, Ph.D. Associate Dean School of Business Why Come to the UB School of Business? --- At First Glance • Curriculum Innovation • Small Classes • Students Work Closely with Professors • Faculty have both professional experience and academic credentials • Students study in an international environment Location Advantages Industry in Connecticut and New York! e.g., Finance Industry – Close to Stamford, CT --- Financial Services – Close to Hartford, CT --- Insurance – One Hour from New York City Accreditation •Licensed and accredited by the State of Connecticut Department of Higher Education •Accredited by the New England Association of Schools and Colleges (NEASC). •Professionally accredited by the Association of Collegiate Business Schools and Programs Overview of Business Programs • Undergraduate Program – Bachelor of Science – 8 possible Majors • Graduate Program – Master of Business Administration – 12 Concentrations • Curriculum and Pedagogical Innovations Undergraduate Business Curriculum Bachelor of Science (B.S.) Credits 42 University Core Curriculum (Liberal Arts and Sciences) 51 Business Core Curriculum 12 Business Electives (Concentration Courses) 15 _______ 120 General Electives University Core: General Education Requirements 42 Credits of Liberal Arts and Sciences • • • • First Year Seminar Math Composition and Rhetoric Advanced Composition for Business • • • • Natural Sciences Core (choices – 6 credits) Humanities Core (choices – 6 credits) Fine Arts Core (choices – 3 credits) Social Sciences Core (choices – 6 credits) • Macro Economics • Micro Economics • Capstone Seminar Flexibility for Joint Programs Undergraduate Business Core Curriculum 51 Credits Principles of Accounting I Principles of Accounting II Managerial/Cost Accounting Multiculture Management Operations Management Statistics Applied Statistics Managerial Finance Investment Principles Multinational Finance Principles of Marketing Multinational Marketing Capstone Business Policy and Strategy Senior Project/Internship Introduction to CAIS Computer Concepts Business Law Curriculum Revision Create flexibility for joint programs Undergraduate Concentrations 12 Credits Accounting Business Administration Computer Applications and Information Systems Fashion Merchandising Finance International Business Management and Industrial Relations Marketing Admission Requirements Undergraduate Evaluate the Total Student with Combined Criteria • High School Diploma • Grade Point Average (G.P.A.) • Class Rank • SAT scores • TOEFL (550 Paper, 80 Internet Based) Mutually agreed upon criteria for joint program Joint Undergraduate Programs • Wide Variety of Combinations are possible • Flexibility as to what is taught at each school – Liberal Arts and Sciences – Business Courses Master of Business Administration (MBA) Program • Program Description • Admission Requirements • What Is Special? • Why Come to the University of Bridgeport? Program Description 24 Credits --- Core Courses (May be waived) 30 Credits --- Required (Concentration and Capstone) ___________ 54 Credits --- Completed typically in 3 semesters (18 months) to 6 semesters (3 years if student takes 9 credits a semester) One Year (2 semesters possible – 30 Credits) MBA Admission Requirements and Scholarships • Bachelor Degree • 950 = GMAT + (200*G.P.A.) • GMAT (May be waived) • TOEFL Minimum (550 Paper, 80 Internet)* – *Take English Language Courses at UB if below 600 • Scholarships up to $5,000 depending on qualifications MBA Curriculum – 4 C’s – Core – Concentrations – Capstone – Competencies Core and Required Core Courses --- Foundation and Breadth – – – – – – – – Accounting Finance Economics Business Law Management Marketing Statistics Information Systems Business Research (required) Concentrations • • • • • • • • • • Accounting Finance Information Systems and Knowledge Management International Business Human Resource Management Management Marketing Operations Small Business and Entrepreneurship General Business • Financial Services • Specialized Business Innovation (Curriculum) Financial Services • Intended for those who need an understanding of different financial services organizations (e.g., Investment and Commercial Banking, Securities, Real Estate, Insurance, and Financial Planning) • Often Back Office managers need this knowledge as financial services firms are integrated across these different areas Innovation (Curriculum) Specialized Business • Intended for those whose career path doesn’t fit into the standard MBA concentrations • Students may create their own combination of courses to fit a particular career – (e.g., 3 Marketing and 3 Information Systems) – (e.g., 3 Human Resource Management, 1 Operations, 1 Information Systems) • Must have approval of Faculty Advisor Capstone Experience Integration and Interdisciplinary • Courses – Strategy and Business Policy – Computerized Business Simulation – Internship or Applied Thesis • Integrate their knowledge and skills – Accounting, Finance, Management, Marketing, Information Systems, Economics, Law, Statistics, Research • Application of concepts • Understanding how all business areas work together International Business • International Concentration • International content Embedded in each course as relevant to that discipline • International Student Teams working together Competencies • Employers want to hire students who can write, speak, and compute! • We are Emphasizing and Measuring all three • Coding of Syllabi – How much writing in each course – How many oral presentations – How much computing (math, statistics, computer skills) • Learning Assessment • Because we measure we can control and adjust the amount of various classroom activities according to learning outcomes Competencies • Leadership • Teamwork • Critical Thinking • Decision Making • Innovation and Creativity • Communication Skill within Team • Organization Ability Competencies --- Experimental • Most universities talk about competencies • We will Emphasize in teaching and Measure ! • Each class with Team Assignments: – Students will evaluate each other in team context – and professor will evaluate student in team context • Cumulative rating across courses • Students will know their strengths – help to make career decisions • Employers will know student strengths – help to make hiring decisions Content • How do we ensure coverage of needed content? • Courses have complete listing of common material that all professors teach • List of common material is in the form of exam questions • Code for application of concepts and skills in advanced courses • Exam questions may be used for waiver exams, capstone examination, and as student study guides. What we Teach The I’s in Each Student The 4 C’s of the Curriculum Integration Core Interdisciplinary Concentrations International Capstone Competencies Our Learning Goal for Student Success • College graduates will typically have seven different careers in their working lifetime. Thus, specific tasks that they are trained to do today may not be useful tomorrow. • Adapt and learn how to learn! • We accomplish this by teaching fundamental skills and core knowledge on which they can build and basic principles which they can apply to new situations. • Students are challenged in the classrooms with the wide variety of assignments, projects, cases, presentations and exams, thus they learn how to learn. • Students are also challenged with working with students from many different countries. This requires the practice of adaptation. • Adaptation also learned through the emphasis on Competencies Vision for the Future • Pedagogical Innovation • International Business Education • Establish Partnerships with other Universities • Establish Centers of Excellence – – – – Center for Global Financial Services Center for Small Business and Entrepreneurship Center for Retail and Sales Management Center for Health Care Management • External Funding Plan Questions Innovation (Curriculum) • Small Business and Entrepreneurship • Required Courses – Small Business and Entrepreneurship course Creating the Students Real Business – Small Business Practicum 1 – Small Business Practicum 2 • Electives – Three courses in any discipline related to the business that the student wants to pursue Finance Compared to Financial Services Financial Services Finance • Required Required • • • • • International Finance Financial Derivatives and Risk Management Investment Analysis Managerial and Cost Accounting Financial Derivatives and Risk Management Money and Banking Global Financial Services Regulation Cases in Finance • Electives • • • • • Investment Banking Insurance Commercial Banking Real Estate Financial Planning Cases in Finance Electives Advanced Financial Management and Policy Management and Financial Institutions International Financial Management Financial Analysis and Modeling Managerial Economics