Faculty Meeting · providing world-class business educational experiences, and contributes to the economic vitality and global competitiveness of Memphis and the Mid -South region

Faculty Meeting

Damon M Fleming, PhD, CFADean5 December 2019

Jasbir DhaliwalVice President for ResearchCarnegie R1

Mission

Robert RoseITS Desktop Support and Smart Technology Services

Technology Update

Chuck PierceAssociate Dean for Programs and Research

Faculty, Programs,

and Research

5

New Hires

Full-time Faculty Hires

1. Asst Prof, ACCT (Hannah Smith)2. Asst Prof, MGMT (Steve Lanivich)3. Asst Prof, MSCM (Susy Jaramillo)4. Asst Prof, MSCM (Subash Ja)5. Visiting Asst Prof, FIR (Vivek Sharma)6. Instructor, FIR (TBA)7. Open rank, BIT (TBA)8. Free Enterprise COE (TBA)9. Wang COE (TBA)

Post-Doctoral Research Fellow Hires

1. ECON (Ahmad Osmani)2. BIT (Vladimir Ambartsoumian)3. ECON/Data Science/FIT (Kalidas

Jana)4. ECON/Data Science/FIT (Paul

Morarescu)5. BIT/ENT/MGMT (TBA)6. BIT/MSCM/Green Mountain

Technologies (TBA)

Full-time Staff Hires

1. Pre-Award Coordinator (Shakita Conklin)

2. Facilities Services (Bruce Lipford)

6

Curriculum

Undergraduate Curriculum Proposals Approved at Nov 8 UUC meeting

1. Graduation GPA 2.00 for upper core and all majors2. MATH 1710 Algebra satisfies lower core math requirement (Calculus does too)3. ABM in BIT4. New courses: ACCT 3000 – Career Development for Accounting; ACCT 4310 – Data Analytics for

Accountants; FIR 2811 – Field Experiences in Finance; MKTG 4550 – Marketing, Sustainability and the Circular Economy

7

Curriculum

Graduate Curriculum Proposals to be Presented at Dec 13 UCGS meeting

1. MBA Program revision: 36 credits (PMBA, EMBA, IMBA)2. Two new MBA courses: (BA 7501 Leadership & Negotiation, BA 7503 Advanced Business Analytics);

one new IMBA course (BA 7505 International Affairs)3. MBA program concentrations: Taxation, Business Project Management, Data Analytics for Technology,

Data Analytics for Management, Business Assurance, Finance, Supply Change Management, Healthcare Management, Engineering Management

4. Graduate Certificates: Taxation, Business Economics, Applied Economic Analytics, Financial Analysis and Planning, Supply Chain Management

5. New courses: ECON 4023/6023 – Personnel Economics

8

Program Enrollments

BBA MBA/MA/MS Graduate Certificate PhD TOTAL

Fall 2017 2,341 566 21 59 2,987

Fall 2018 2,537 571 32 56 3,196

Fall 2019 2,497 612 33 60 3,202

Damon M. FlemingDean

State of the College

10

Emin BabakusRetirement

Fogelman faculty member since 1986

Associate Dean for Academic Programs, 1995 – 1997

Associate Dean for Faculty, 1997 – 1999

Palmer Research Professor of Marketing

First Tennessee Professor of Marketing

George Johnson Research Fellow

Principal Investigator for numerous industry grants and contracts

Leader within the Marketing Department, Fogelman College, and University

Accomplished research scholar

11

Chen ZhangAssociate Dean for Faculty and Administration


Interim Department Chair for BIT, 2018-2019

George Johnson Professorship

MIS Advisory Council Teaching Award

Leader within the BIT Department, Fogelman College, and University

Accomplished research scholar

12

Sandra RichardsonInterim Chair, Business Information and Technology


Coordinator MS in Information Systems & Graduate Certificate Programs

Over $500,000 in external funded research grants and contracts

Leader within the BIT Department, Fogelman College, and University

13

Michelle SidesDirector of Development

University of Tennessee Institute of Agriculture - Director of Advancement

Generated $20 million+ in gifts and pledges

Experienced with individual and corporate philanthropy

Implemented new annual giving fund for non-alumni constituents to support programs

BA and MS degrees from University of Tennessee at Martin

14

Undergraduate Student Demographics

Key demographic data for all undergraduate students (n = 2,497)

Source: University of Memphis Office of Institutional Research

42%

Gender

Female

29%

Diversity

Black/African-American

41%

Economic Status

Pell-Grant

Fall 2019

33%

First-Gen

First-Generation

GPA3.27

ACT22.2

86%

Residency

Tennessee

15

Graduate Student Demographics

Key demographic data for all graduate students (n = 705)


44%

Gender

Female

17%

Diversity

Black/African-American

74%

Age

25+

Fall 2019

34%

Enrollment Status

Full-time

73%

Residency

Tennessee

16

Total Enrollment Headcount


638 625 612646 659

7052,434

2,347 2,381 2,341

2,537 2,497

3,0722,972 2,993 2,987

3,196 3,202

500

600

700

800

900

1,000

1,500

2,000

2,500

3,000

3,500

Fall 2014 Fall 2015 Fall 2016 Fall 2017 Fall 2018 Fall 2019

Graduate Undergraduate Total

17

Degrees Awarded


536511

561586

546 545

239 230 243218 218

244

812 801

865 864818 842

100

200

300

400

500

600

700

800

900

2013-14 2014-15 2015-16 2016-17 2017-18 2018-19

Bachelors Masters Total

18

Bachelor’s Degrees Awarded (2019)


131

23

60

17

76

121 117

0

20

40

60

80

100

120

140

Accountancy BusinessAdministration

BusinessInformationTechnology

Economics Finance Ins andReal Estate

Management Marketing andSupply Chain Mgt

19Source: University of Memphis Office of Institutional Research

20

Master’s Degrees Awarded (2019)


41

155

13 332

0

20

40

60

80

100

120

140

160

Accounting Business Administration Business AdministrationIMBA

Economics Information Systems

21Source: University of Memphis Office of Institutional Research

22

First-Time Full Time Freshman Graduation Rates (Student’s last major was in the College)


55.9%60.2%

63.6%

70.2%

270

280

290

300

310

320

330

340

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

Fall10 Fall11 Fall12 Fall13

6 Year Grad Rate Cohort N

23

First-Time Full Time Freshman Graduation Rates (Student was in the College in their first fall)


51.5%

57.7%59.7% 59.7%

0

20

40

60

80

100

120

140

160

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

Fall10 Fall11 Fall12 Fall13

6 Year Grad Rate Cohort N

24

Instructional Faculty


7370 71

65 64

18 19 21 22 21

46 4741

51

37

0 2 2 1 1

16 1815

24

14

6 8 6 51

0

10

20

30

40

50

60

70

80

2015-16 2016-17 2017-18 2018-19 2019-20*

FT TT FT NTT PT Inst Admin Grad Asst Unknown

25

Enrollment Headcount and TT Faculty


2,972 2,993 2,987

3,196 3,20273

70 71

65 64

71

40

45

50

55

60

65

70

75

80

2,000

2,500

3,000

3,500

Fall 2015 Fall 2016 Fall 2017 Fall 2018 Fall 2019 Fall 2020*

Total Enrollment TT Faculty* Forecasted TT faculty count

26

Measurement Year: AY 2019-20

Report Due: November 2020

CIR Visit: February 2021

Damon M. FlemingDean

StrategicPlanning

28

Web of Opportunity

Use of time and attention

Capabilities possessed by the FCBE as a whole—distinct from individuals

Intentions which define the FCBE and its impact

Processes and procedures through which things get doneday-to-day (including AACSB)

Public-private funding model

Faculty and staff —acquisition, retention, and deployment

Coherent set of objectives and key results to drive action

Priority

Resources

Talent

Strategy

Systems

Skills

Purpose

29

Strategy Development

Jul – Sep 2019

Sep – Oct 2019

Oct – Dec 2019

Dec 2019 –Jan 2020

Jan – Feb 2020

Data gathering; meetings with campus stakeholders; identification of strategic priorities

Strategic prioritizes analyzed; draft OKRs; dean and department chair review

Strategic planning task force; draft OKRs presented to Dean

Engage feedback on strategic priorities

Final review; adopt OKRs

30

Strategic Plan Task ForceFall 2019

Carmen Astorne-Figari (Economics)

Hunter Reed Faulkner (Undergraduate student)

Jessica F. Kirk (Management)

Kenneth Lambert (Accounting)

Napoleon Hill Overton (Finance)

Ernest L. Nichols Jr. (Marketing and Supply Chain Management)

Michael Hoffmeyer (Crews Center for Entrepreneurship)

Srikar Velichety (Business Information and Technology)

Emily Joy Wolfe (MBA student)

Carol Thomas (FCBE staff)

31

Vision and Mission

Vision

The Fogelman College of Business and Economics (FCBE) empowers a diverse student body by providing world-class business educational experiences, and contributes to the economic vitality and global competitiveness of Memphis and the Mid-South region through our research, teaching, and outreach.

Mission

To develop a diverse community of students into ethical critical thinkers, problem solvers, and successful future leaders. To elevate the profile of FCBE as a business thought leader by creating and disseminating knowledge. To promote intellectual, economic, and social well-being of the communities we serve through engaged scholarship.

32

Inspiration

Be a world-class research university through a faculty-enterprise approach to innovation and impact.

Human capital is the essential element to success—and engaged faculty are the anchor for enterprises that interconnect students, staff, and the community to create and disseminate knowledge.

Faculty enterprises integrate academic programs, research centers/labs, sponsored/grant-based scholarship, and community engagement. Investment in faculty enterprises will yield the greatest return for all university stakeholders

33

Values

ImpactfulResearch

CommunityEngagement

FCBEAgile

InnovationTransparent

Accountability

Accelerated Equity

StudentsSuccess

34

Objectives and Key Results (OKRs)

Key results (KRs) are benchmarks and monitor HOW we get to the objective. KRs are to be specific and aggressive, yet realistic. KRs evolve as progress occurs until the objectives are completed.

Objectives (Os) are WHAT is to be achieved. Objectives are to be significant, action-oriented, and inspirational.

35

Students Success

Transform students’ social mobility through business education

Agile Innovation

Deliver a transformative business education experience through agile innovation

Objectives

36

Impactful Research

Engage in high levels of globally recognized and impactful research activity

Community Engagement

Be a value-added, essential partner to the university and external communities

Objectives

37

Accelerated Equity

Empower all stakeholders to bring their authentic selves to acquire, create, and share knowledge

Transparent Accountability

Employ a process for achieving objectives that values transparency and accountability

Objectives

38

Strategy Development

Jul – Sep 2019

Sep – Oct 2019

Oct – Dec 2019

Dec 2019 –Jan 2020

Jan – Feb 2020

Data gathering; meetings with key stakeholders; identification of strategic priorities

Strategic prioritizes analyzed; draft OKRs; dean and department chair review

Strategic planning task force; draft OKRs presented to Dean

Engage feedback on strategic priorities

Final review; adopt OKRs

Damon M. FlemingDeanFundraising

40

Fundraising

Advance the innovation, impact, and prestige of the Fogelman College of Business and Economics (FCBE) and contribute to the mission of the University of Memphis becoming a Carnegie R1 institution.

41

Fundraising Areas

Transformational

Building renovation and expansionName the School of Accountancy

Student Success

Academic scholarships for recruitment and retention of undergraduate, master’s, and doctoral studentsCareer readiness support for undergraduate and master’s students (e.g., Professional Development Center)Internship (out-of-area) and study abroad scholarships for undergraduate students

42

Fundraising Areas

Thought Leadership

Research Enterprise investment (e.g., data access, software, technology, doctoral students, post-docs)Endowments for research labs, centers, and initiativesFaculty professorships/fellowships to attract and retain top research talent

Learning Environment

Curriculum innovation support for essential areas such as data analytics (e.g., software, technology, faculty training)Teaching facilities, technology, learning spacesSpeaker series to cultivate knowledge sharing on contemporary issues among faculty, students, and business leadersFaculty fellowships to attract and retain top teaching talent

What questions do

you have?

44

Student-Faculty Ratio


18.69 18.25 19.15 19.02

23.20

0

10

20

30

2015 2016 2017 2018 2019*

Total Enrollment/Total Faculty* Faculty data only through Fall 2019

Documents

Faculty Meeting · providing world-class business educational experiences, and contributes to the economic vitality and global competitiveness of Memphis and the Mid -South region