IACBE 2016 report-Maharishi · C2 Students should develop clarity about their personal ... Marketing Plan 8 (100%) A1. HR and Ops ... 1.!63&students&participated&in&10&business&plan

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Public'Disclosure'of'Student'Learning'Form'!

Institution:) Maharishi!University!of!Management!

Academic)Business)Unit:) College!of!Business!Administration!

Academic)Year:) 2015<16!!

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International'Assembly'for'Collegiate'Business'Education'11374'Strang'Line'Road'Lenexa,'Kansas'66215'

USA!International*Assem

bly*for*Collegiate*Business*Education*

International*Assem

bly*for*Collegiate*Business*Education*

IACBE Public Disclosure of Student Learning Form 1

Report'of'Student'Learning'and'Achievement'

Maharishi'University'of'Management'College'of'Business'Administration'

!For'Academic'Year:' 2015&16!

Mission'of'the'College'of'Business'Administration'

Mission&Statement&

To develop business leaders with the consciousness, knowledge, and practical skills to create sustainable value- producing, life-supporting rewards and benefits for themselves, their stakeholders and the natural environment and to help students develop the knowledge and organizing power to be successful in a dynamic, ever changing, business environment.!

!

Student'Learning'Assessment'for'BA'in'Business'Administration'General'Program'Intended'Student'Learning'Outcomes'(Program'ISLOs)'

A1.!Students should demonstrate effective analytic problem solving using the knowledge of business functions (marketing, accounting, finance, operations, management)!

A2.!Students should develop synthetic thinking: clarity and precision in problem formulation and creativity in identifying options for decision.!

B1.!Students should demonstrate effective presentation skills, both written and oral.!

B2!Students should demonstrate critical thinking and reasoning, including the use of logic and evidence.!

B3!Students should demonstrate effective research skills (information literacy).!

C1 Students should develop the qualities associated with enlightenment: inner peace, alertness, creative intelligence, spiritual experience, balance of heart and mind, ethical awareness and behavior.

C2 Students should develop clarity about their personal strengths and career goals.

Intended'Student'Learning'Outcomes:'Major,'Concentration,'Specialization,'Emphasis,'Option,'or'Track'in'Area'1'ISLOs'

1.! There&is&only&one&track&in&the&B.A.&program!

Assessment'Instruments'for'Intended'Student'Learning'Outcomes—'

Direct'Measures'of'Student'Learning:'Performance'Objectives'(Targets/Criteria)'for'Direct'Measures:'

1.!Written business plan' 75% of the students will demonstrate an average performance at the B level (“Good”) or higher on each of the ISLOs measured by the written business plan.&General!Program!ISLOs!Assessed!by!this!Measure:!!A1,'A2,'B1,'B2,'B3&

!


2.! “Fast Pitch” oral presentation' 80% of the students will demonstrate an average performance at the B level (“Good”) or higher across the 5 components of the evaluation rubric for the oral presentation.&

General!Program!ISLOs!Assessed!by!this!Measure:!A1,'B1,'B2,'C1,'C2!!


Indirect'Measures'of'Student'Learning:'Performance'Objectives'(Targets/Criteria)'for'Indirect'Measures:'

1.! Placement statistics' At the time of graduation, 90% of graduating students should have a plan for work or further study, and 70% should be have a specific engagement (job or job offer) for employment or study.&

General!Program!ISLOs!Assessed!by!this!Measure:!C1,'C2!

2.! Survey of graduating students' 90% of current graduates should rate the program as “Useful” or better in developing at least 5 of the 7 ILSOs of the program.&General!Program!ISLOs!Assessed!by!this!Measure:!A1,'A2,'B1,'B2,'B3,'

C1,'C2.!

'

Summary'of'Results'from'Implementing'Direct'Measures'of'Student'Learning:'BA'in'Business,'onMcampus!

1.! 8!students!submitted!written!business!plans!in!MGT!432!this!year!at!the!home!campus.!Of!these,!8!(100%)!received!an!overall!rating!of!B!or!higher.!The!table!below!shows!a!count!of!students’!component!scores!at!B!or!higher.!

A1. Marketing Plan 8 (100%) A1. HR and Ops Plan 8 (100%) A1. Financial Plan 8 (100%) A2. Business Concept (creativity) 8 (100%) B1. English and Form 8 (100%) B2. Critical thinking (Industry Analysis) 8 (100%) B3. Research (info literacy) 8 (100%) Overall grade 8 (100%)

2.! 8!students!gave!Fast!Pitch!presentations!in!MGT!432!this!year.!Of!these,!all!8!(100%)!received!an!average!rating!of!B!or!higher.!All!component!scores!by!the!judges!in!the!Fast!Pitch!presentations!were!A!(6!students)!or!B+!(2!students).!

The!judges!(3!external,!3!internal)!responded!to!the!question!“Based!on!the!Fast!Pitch,!would!you!want!to!take!the!next!step!and!read!the!written!business!plan?”!by!saying!Yes!for!8!of!the!8!presentations.&

Summary'of'Results'from'Implementing'Indirect'Measures'of'Student'Learning:'BA'in'Business,'onMcampus!

1.! 6!students!graduated!with!the!B.A.!in!Business!this!year.!!Of!these!5!(84%)!were!known!to!have!specific!opportunities!for!work!or!future!education!at!the!time!of!graduation.!Given!the!single&digit!number!of!respondents,!we!treat!this!as!comparable!to!90%!placement.!

2.! Of!the!4!responding!graduating!students,!all!(100%)!rated!the!BA!program!“Useful”!or!better!on!5!of!the!7!ISLOs!of!the!program!(actually,!on!6!of!the!7).!Given!the!single&digit!number!of!respondents,!we!treat!this!as!comparable!to!90%!satisfaction!rate.!

!


!

Summary'of'Achievement'of'Intended'Student'Learning'Outcomes:'

Intended'Student'Learning'Outcomes' Learning'Assessment'Measures'

General'Program'ISLOs!

Direct'Measure'1'

Direct'Measure'2'

Direct'Measure'3'

Direct'Measure'4'

Indirect'Measure'1'

Indirect'Measure'2'

Indirect'Measure'3'

Indirect'Measure'4'

Performance'

Target'Was…!Performance'







Target'Was…!

A1. Analytic problem solving! ≈MET! MET! ! ! ! MET! ! !

A2. Synthetic thinking! ≈MET! MET! ! ! ! MET! ! !

B1. Presentation skills! ≈MET! MET! ! ! ! MET! ! !

B2. Critical thinking and reasoning& ≈MET! MET! ! ! ! MET! ! !

B3. Information literacy& ≈MET! MET! ! ! ! MET! ! !

C1. Enlightenment (personal development)! ! MET! ! ! MET! MET! ! !

C2. Clarity on personal strengths and career goals! ! MET! ! ! MET! MET! ! !

Intended'Student'Learning'Outcomes:'

Specialization'or'Track''

Direct'Measure'1'

Direct'Measure'2'

Direct'Measure'3'

Direct'Measure'4'

Direct'Measure'5'

Indirect'Measure'1'

Indirect'Measure'2'

Indirect'Measure'3'

Performance'








Target'Was…!

! There is only one track in the BA program.! ! ! ! ! ! ! ! !

Proposed'Courses'of'Action'for'Improvement'in'Learning'Outcomes'for'which'Performance'Targets'Were'Not'Met:'

The!data!from!the!Entrepreneurship!Projects!(Direct!#1)!indicates!that!the!extra!tutorial!help!we!gave!this!year!had!the!intended!effect.!All!students!earned!a!B!or!better!in!their!business!plans.!The!new!faculty!member!teaching!the!Entrepreneurship!courses!was!able!to!successfully!coach!students!on!their!fast!pitch,!so!that!all!students!received!high!marks!from!three!external!and!three!internal!judges.!This!information!combined!with!the!indirect!measures!Placement!data!(Indirect!#1)!and!Exit!survey!(Indirect!#2)!confirms!our!sense!that!the!program!is!meeting!its!targets.!We!are!excited!about!the!success!of!this!year’s!program!and!we!hope!to!continue!that!success!this!year.!

!! !


!

Summary'of'Results'from'Implementing'Direct'Measures'of'Student'Learning:'BA'in'Business'–'Distance'Education'South'Africa!

1.! 63&students&participated&in&10&business&plan&projects&(Business&Concept&Statements)&as&part&of&MGT&432&in&NovIDec&2015.&Of&these,&6&(60%)&

received&an&overall&rating&of&B&or&higher.&The&table&below&shows&an&account&of&the&projects’&component&scores&at&B&or&higher.&

English and Form (B1. Presentation Skills) 90% Product Definition (A2. Synthetic thinking and creativity) 90% Target Customer (B2. Critical thinking and reasoning) 80% Revenue Model (A1. Analytic problem solving) 90% Competitive Research in Public Sources (B3. Information Literacy) 50%

2.! No&students&gave&Fast&Pitch&presentations&in&the&Distance&Education&program&due&to&a&lack&of&local&support&to&find&judges.&

Summary'of'Results'from'Implementing'Indirect'Measures'of'Student'Learning:'BA'in'Business'–'Distance'Education'South'Africa!

1.! 49!students!in!the!South!Africa!DE!program!graduated!with!the!BA!in!Business!this!year.!Of!these,!47!(94%)!had!an!internship!job!at!the!time!of!graduation.!After!four!months,!37!of!the!49!(75%)!were!employed!in!regular!jobs.!As!all!students!are!in!Johannesburg!South!Africa!and!are!from!disadvantaged!families,!this!is!a!very!high!result.!

2.! All!7!of!the!ISLOs!of!the!program!received!ratings!of!“Very!Useful”!or!better!from!at!least!36!of!the!40!(90%)!respondents!to!the!end&of&program!survey.!This!satisfies!the!target!90%!satisfaction!rate.!

!


!

Summary'of'Achievement'of'Intended'Student'Learning'Outcomes:'BA'in'Business'–'Distance'Education'to'South'Africa'



Direct'Measure'1'

Direct'Measure'2'

Direct'Measure'3'

Direct'Measure'4'

Indirect'Measure'1'

Indirect'Measure'2'

Indirect'Measure'3'

Indirect'Measure'4'

Performance'








Target'Was…!

A1. Analytic problem solving! MET! n/a! ! ! ! MET! ! !

A2. Synthetic thinking! MET! n/a! ! ! ! MET! ! !

B1. Presentation skills! MET! n/a! ! ! ! MET! ! !

B2. Critical thinking and reasoning& MET! n/a! ! ! ! MET! ! !

B3. Information literacy& Not!Met! n/a! ! ! ! MET! ! !

C1. Enlightenment (personal development)! ! n/a! ! ! MET! MET! ! !

C2. Clarity on personal strengths and career goals! ! n/a! ! ! MET! MET! ! !


Specialization'or'Track''

Direct'Measure'1'

Direct'Measure'2'

Direct'Measure'3'

Direct'Measure'4'

Direct'Measure'5'

Indirect'Measure'1'

Indirect'Measure'2'

Indirect'Measure'3'

Performance'








Target'Was…!

! All!BA!tracks!have!the!same!ISLOs! ! ! ! ! ! ! ! !


The!data!from!the!Entrepreneurship!Projects!show!that!we!need!to!improve!these!students’!performance!on!the!“research”!component!of!the!business!plan.!We!will!do!more!next!year!to!emphasize!training!in!the!use!of!the!Internet!and!library!resoures!for!business!research.!

!


!

Student'Learning'Assessment'for'Master'of'Business'Administration'General'Program'Intended'Student'Learning'Outcomes'(Program'ISLOs)'

G1.!Communication skills (writing, speaking, presentation using technology)!

G2.!Research skills (information literacy)!

G3.!Leadership and Teamwork skills!

G4.!Personal Development (time management, health, happiness, clarity on personal strengths and career goals)!

G5.!Professional Advancement (movement toward career goals)!

Intended'Student'Learning'Outcomes:'Accounting'Professionals'MBA'Track'and'Accounting'Specialization'of'the'Standard'MBA'

A1.!Demonstrate a knowledge of general management!

A2.!Demonstrate a working knowledge of US accounting principles!

A3.!Demonstrate a knowledge of US business culture and the ability to work effectively in the US (job readiness)!

Intended'Student'Learning'Outcomes:'Standard'MBA'Track'–'Sustainable'Business'Specialization'

S1.!Exhibit!knowledge!of!the!concepts!and!analytic!techniques!used!in!one’s!area!of!specialization!

S2.!Effectively!interact!with!a!client!in!the!process!of!a!consulting!assignment!

S3.!Design!an!implementation!plan!for!the!recommendations!from!a!consulting!assignment!



D1.!Consulting'Project'Report'(or'Business'Practicum'Application'Project'Report)'

1IAll.&For&each&relevant&ISLO,&the&Consulting&Project&Report&(or&the&

Business&Practicum&Report)&should&indicate&that&students&on&average&

achieved&a&“Good”&rating&on&their&performance&(3.0&grade&points&or&

higher)&General!Program!ISLOs!Assessed!by!this!Measure:!!G1,'G2,'G3,'G4&Major,&Concentration,&Specialization,&Emphasis,&Option,&Track!ISLOs!Assessed!by!this!Measure:!!A1,'A2,'A3,'''S1,'S3!

D2.!Consulting'Project'Client’s'Evaluation'General!Program!ISLOs!Assessed!by!this!Measure:!!none&Major,&Concentration,&Specialization,&Emphasis,&Option,&Track!ISLOs!Assessed!by!this!Measure:!S2,'S3'

2IS2,&S3.&The&Client&Surveys&should&indicate&that&students&on&average&achieved&a&“Good”&rating&on&their&performance&(3.0&grade&points&or&

higher)&


D3.!Foundation'Simulation'report'and'results' 3aIAll.&For&each&relevant&ISLO,&the&Foundation&Simulation&Report&should&

indicate&that&students&on&average&achieved&a&“Good”&rating&on&their&

performance&(3.0&grade&points&or&higher)&

3bIAll.&When&compared&to&other&teams&nationally,&the&MUM&MBA&

students&as&a&group&should&perform&above&average.&

General!Program!ISLOs!Assessed!by!this!Measure:!G1,'G2,'G3,'G4!Major,&Concentration,&Specialization,&Emphasis,&Option,&Track!ISLOs!Assessed!by!this!Measure:!A1!

D4.!Mock'Job'Interview' 4IAll.&For&each&relevant&ISLO,&the&Mock&Job&Interview&should&indicate&that&

students&on&average&achieved&a&“Good”&rating&on&their&performance&(3.0&

grade&points&or&higher)!! General!Program!ISLOs!Assessed!by!this!Measure:!G1,'G4!

Major,&Concentration,&Specialization,&Emphasis,&Option,&Track!ISLOs!Assessed!by!this!Measure:!A1,'A3,'S1!

D5.!Professional'Examination'Preparation'and'Certification'results' 5IA2&&&G5.&85%&of&the&students&who&take&the&CPA&or&CMA&exam&

preparatory&courses&should&receive&grades&of&B&or&better,&indicating&a&

satisfactory&level&of&preparation&for&the&professional&exam.!

! General!Program!ISLOs!Assessed!by!this!Measure:!G5'Major,&Concentration,&Specialization,&Track!ISLOs!A2!

5IA2&&&G5.&70%&of&the&students&in&the&AccMBA&program&should&take&and&

pass&at&least&one&part&of&the&CPA&or&CMA&exam.&



In&1.!

Campus'Exit'Survey'(AccMBA'only)' &&

General!Program!ISLOs!Assessed!by!this!Measure:!G2,'G4!Major,&Concentration,&Specialization,&Emphasis,&Option,&Track!ISLOs!Assessed!by!this!Measure:!A2,'A3!

For&each&ISLO&in&the&General&MBA&and&Track&objectives,&the&survey&should&

indicate&that&at&least&80%&of&the&students&found&the&program&“Useful”&or&

better&in&the&student’s&development&on&that&objective.&

In&2.!

Program'Exit'Survey' For&each&ISLO&in&the&General&MBA&objectives&and&the&Track&objectives,&the&

survey&should&indicate&that&at&least&80%&of&the&students&found&the&

program&“Useful”&or&better&in&the&student’s&development&on&that&

objectives.&

A2,&A3:&At&least&30%&of&AccMBA&graduates&should&report&having&received&

a&promotion&during&the&time&of&their&Curricular&Practical&Training.&

General!Program!ISLOs!Assessed!by!this!Measure:!G1VG4'Major,&Concentration,&Specialization,&Emphasis,&Option,&Track!ISLOs!Assessed!by!this!Measure:!A2,'A3,'S1.!

In&3.!

Job'Placement& 3a.&In&the&Accounting&Professionals&MBA&program,&at&least&50%&of&

students&leaving&campus&for&CPT&should&find&a&job&within&90&days,&OR&at&

least&90%&of&students&leaving&campus&should&find&a&job&within&180&days.&

3b.&In&the&Standard&MBA&program,&at&least&70%&of&graduating&students&

should&have&specific&plans&(a&job&offer,&internship,&realistic&entrepreneurial&

venture,&or&further&education)&at&the&time&of&graduation.&

General!Program!ISLOs!Assessed!by!this!Measure:!G5!Major,&Concentration,&Specialization,&Emphasis,&Option,&Track!ISLOs!Assessed!by!this!Measure:!A2,'A3,'S1!


'

'

Assessment'Results:'Accounting'Professionals'MBA'Track'and'Accounting'Specialization'of'the'Standard'MBA'Summary'of'Results'from'Implementing'Direct'Measures'of'Student'Learning:!

D1! Business'Practicum'Application'Project'Report'G1.'Communication.'The&79&Business&Practicum&Reports&submitted&by&the&AccMBA&students&in&F15&and&S16&had&an&average&grade&of&3.13&(on&a&4Ipoint&

gpa&scale)&for&their&written&English.&

A1.'General'management.'The&Business&Practicum&Reports&submitted&by&the&AccMBA&students&had&an&average&grade&of&3.21&(on&a&4Ipoint&gpa&scale)&

for&their&description&of&the&context&of&the&problem.'A2.'US'accounting.'The&Business&Practicum&Reports&submitted&by&the&AccMBA&students&had&an&average&grade&of&3.20&for&their&use&of&appropriate&

concepts&in&the&solution&of&the&problem&and&3.26&in&their&use&of&appropriate&analytic&techniques.&'A3.'US'business'practices'and'culture.'The&Business&Practicum&Reports&submitted&by&the&AccMBA&students&had&an&average&grade&of&3.26&for&their&

report&of&results&from&their&solution&of&the&problem.!

D2! Consulting'Project'Client’s'Evaluation'Not&used&in&the&Accounting&Professionals&MBA&program.!

D3! Foundation'Simulation'Reports'(9&teams&across&two&cohorts&in&July&2015&and&March&2016).&6&out&of&9&teams&finished&the&simulation&above&the&50th&

percentile.&

G1.'Communication The oral presentations of each team’s experiences and results in the Foundation Simulation showed that 7 of the 9 teams (78%) received scores of B or better on the presentation of their work. On the written reports about the simulation, 8 of the 9 teams (89%) scored B or better.&G2.'Research.'&All 7 of 9 teams (78%) scored B or better in their use and analysis of data from the simulation.'G3.'Leadership'and'Teamwork.'&In their written paper reflections, 8 of 9 teams (89%) expressed significant insights and development of team behaviors during the simulation. 'G4.'Personal'development.'The written reports required students to acknowledge their mistakes and their lessons learned. These are graded by the faculty on their completeness and on the quality of their analysis. 7 of 9 team reports (78%) addressed this issue and were graded B or better on this dimension. One team overlooked this requirement for their paper. In follow-up discussion with the team, they acknowledged that they had significant learning from early round mistakes and were able to correct their path of decision-making.&'A1.'General'management'knowledge.&The written reports revealed students’ ability to identify key performance indicators for their firm, describe the team’s strategy and tactics, their identification and analysis of data, and their interpretations of their results. 7 of 9 teams (78%) demonstrated this ability at the level of B or better.&'

D4! Mock'Job'Interview.'15!AccMBA!students!took!the!Mock!Interviews!in!August!2015!or!March!2016.!Five!interviewers!evaluated!them!on!8!attributes!using!a!grade&point!scale.&

G1.'Communication'(2'items)'Students&had&an&average&grade&of&3.52&on&the&elevator&pitch&and&quality&of&speech.&


G4.'Personal'development.'Students&had&an&average&grade&of&3.93&on&“speaking&with&confidence.”&A1.'General'management.'Students&had&an&average&grade&of&3.40&in&their&ability&to&express&a&case&study&in&STAR&format.'A3.'US'business'practices.'Four&items&in&the&Mock&Interview&Evaluation&Rubric&address&US&business&practices:&the&greeting,&appearance,&the&“close”&and&

questions&asked&of&the&interviewer.&Students&averaged&3.83&(excellent)&on&greeting&and&3.93&on&appearance.&They&averaged&3.5&(“very&good”)&on&the&

close&and&3.57&on&the&questions.'

D5! Professional'Exam'Preparation'and'Certification'Results&G5.'Professional'advancement.'Of!the 28 registrations for the CMA prep courses, 22!(78.57%) earned grades of “B” or higher. Those who did not earn B or higher grades reported heavy work schedules as a contributing factor for the academic performance. Of the 59 registrations for CPA Prep courses, 57 (96%) earned grades of “B” or higher. Combining the results on CMA and CPA exams, the weighted average is 90%. Thus, criteria is met. !G5.'Professional'advancement.'In!2015&2016,!only!two!students!took!XBRL!training!for!professional!certification.!Both!passed!the!XBRL!certification!exam!in!their!first!attempt.!This!is!a!very!satisfactory!result.!'A2.'US'accounting.'Of!the 13 AccMBA students graduating in 2015-16, 13!reported!their!performance!on!CPA!or!CMA!exams.!!Eight!people!out!of!13!(61.54%) passed all parts of the CPA exam or CMA exam. This result falls somewhat below the desired result of 70%.!

Summary'of'Results'from'Implementing'Indirect'Measures'of'Student'Learning:!

In&1!

AccMBA'Campus'Exit'Survey.'Of&the&16&students&who&finished&their&onIcampus&study&in&the&AccMBA&program&in&Aug&2015&or&March&2016,&16'(100%)'responded&to&the&campusIstudy&exit&survey.&&

G1.'Communication'skills.'All!respondents!(100%)!reported!that!the!program!was!“Useful”!or!better!in!helping!them!develop!presentation!skills.&

G2.'Research'Skills!All!respondents!(100%)!reported!that!the!Foundation!Simulation!was!“good”!or!“excellent”!in!developing!!“Useful”!or!better!in!helping!them!develop!presentation!skills.&

G3.'Leadership'and'teamwork.'All!16!(100%)!!of!the!respondents!reported!that!the!program!was!“Useful”!or!better!in!helping!them!develop!leadership!&!teamwork!skills.!Also,!all!but!one!(94%)!!of!the!respondents!reported!that!the!program!was!“excellent”!or!“good”!in!creating opportunities for developing teamwork and consensus-building.!G4.'Personal'development.'Across!five!dimensions!of!personal!development,!88%!of!the!respondents!indicated!some!improvement!in!their!personal!development!during!the!time!on!campus.!Also,!all!but!two!(94%)!of!the!respondents!reported!that!the!program!was!“Useful”!or!better!in!helping!them!develop!clarity!about!their!personal!strengths!and!career!goals,!and!94%!reported!that!the!program!was!“Useful”!or!better!in!helping!them!with!the!holistic!development!of!consciousness.!

A2'Accounting'principles.'Across!2!dimensions!of!accounting!principles,!all!16!(100%)!of!respondents!reported!the!program!was!“Useful”or!better!in!helping!them!develop!working!knowledge!of!accounting!principles.!

A3'Business'Culture/Job'Readiness.'This!assessment!was!a!duplicate!that!is!better!placed!in!the!program!exit!survey!after!the!respondents!have!had!working!experience!in!the!US.!Therefore,!this!item!will!be!discontinued!as!an!assessment!measure!of!the!campus!exit!survey.!!

In&2!

Program'Exit'Survey.'The!Graduation!Survey!was!sent!electronically!to!Accounting!Professionals!MBA!graduates!from!December!2015!and!June!2016!classes,!yielding!13'responses'(100%)!from!the!13!graduates.!'G1.'Communication.'13&(100%)&rated&their&program&“adequate”&or&better&in&developing&presentation&skills.&&


G2.'Research.&All&Accounting&MBA&graduates&(100%)&rated&their&program&as&“adequate”&&or&better&in&developing&research&skills.&

G3.'Leadership'and'Teamwork.'The&AccMBA&survey&did&not&have&a&question&for&this&objective&in&Dec&2015,&but&in&June,&5&out&of&5&(100%)&rated&their&

program&as&“adequate”&or&better&in&developing&leadership&and&teamwork&skills.'G4.'Personal'development.'In&the&Accounting&MBA&13&of&13&respondents&(100%)&rated&their&program&“adequate”&or&better&in&personal&development&

(development&of&consciousness.)&

G5.'Professional'advancement.'From the 13 AccMBA graduates who responded to the end-of-program survey, 5, (38.5%) indicated that they had received at least one promotion in job level during the 2-3 year period of their curricular practical training. Three out of 13 respondents moved out of staff level jobs into a managerial or supervisory level positions and one moved from manager/supervisor to controller/audit manager. 'A2.'US'accounting.'13&of&13&respondents&(100%)&rated&their&program&“adequate”&or&better&in&developing&analytic&problem&solving.&Also,&of&the&21&of&21&

(100%)&accounting&fresh&&&strong&students&respondents,&86%&(18)&&rated&their&program&as&“adequate”&or&better&in&developing&analytic&problem&solving.&'A3.'US'business'practices/job'readiness.'The&Accounting&MBA&graduates&uniformly&(100%)&rated&their&program&“adequate”&or&better&in&developing&

their&understanding&of&the&US&business&environment.&Of&the&8&Dec&2015&graduaes,&all&8&(100%)&rated&their&program&as&“adequate”&or&better&in&

understanding&the&US&business&environment.&Of&the&5&June&2016&graduates,&all&5&(100%)&rated&their&program&over&4&dimensions&as&“adequate”&or&better&

in&preparing&them&for&the&US&work&place.&Also,&of&the&21&of&21&respondents&(100%)&in&the&accounting&fresh&and&strong&program,&76%&(16)&rated&their&

program&as&“adequate”&or&better&in&understanding&the&US&business&environment.!

In&3!

Job'Placement'(Target:&50%&within&90&days&or&90%&within&180&days)&G5.'Professional'advancement'and'A3.'US'business'practices.'Of!the!16!students!in!Groups!G19!and!G20!of!the!Accounting!Professionals!MBA!that!began!job!search!in!2015&16,!8!(50%)!found!employment!within!90!days.!At the 180-day mark, 6 more students had been placed (37.5%) for a total placement of 87.5% which is just short of the 90% target within 180 days.

!!

Extent'of'Accomplishment'of'Intended'Student'Learning'Outcomes:'

Accounting'Professionals'MBA'Track'



Direct'Measure'1'

Direct'Measure'2'

Direct'Measure'3'

Direct'Measure'4'

Direct'Measure'5'

Indirect'Measure'1'

Indirect'Measure'2'

Indirect'Measure'3'

Performance'








Target'Was…!

G1.! Communication skills! MET! n/a! MET! MET! n/a! MET! MET! n/a!

G2.! Research skills ! n/a! n/a! MET! n/a! n/a! MET! MET! n/a!

G3.! Leadership and Teamwork skills! n/a! n/a! MET! MET! n/a! MET! MET*! n/a!

G4.! Personal Development ! n/a! n/a! MET! MET! n/a! MET! MET! n/a!


G5.! Professional Advancement ! N/A! N/A! N/A! N/A! MET! N/A! MET! ≈MET!


Accounting'Professionals'MBA'Track''

Direct'Measure'1'

Direct'Measure'2'

Direct'Measure'3'

Direct'Measure'4'

Direct'Measure'5'

Indirect'Measure'1'

Indirect'Measure'2'

Indirect'Measure'3'

Performance'








Target'Was…!

A1.! General management! MET! n/a! MET! MET! n/a! n/a! n/a! n/a!

A2.! US accounting principles! MET! n/a! n/a! n/a! MET! MET! MET! n/a!

A3.! US business culture, job readiness! MET! n/a! n/a! MET! n/a! MET! MET! n/a!

*!The!survey!in!Dec!did!not!have!this!question,!but!in!June!5!out!of!5!(100%)!respondents!rated!their!MBA!Program!as!effective!in!developing!leadership!and!teamwork!skills.!

≈!!!!!!Indirect!3,!G5.!50%!students!leaving!campus!found!jobs!in!90!days,!but!only!37.5%!of!students!leaving!campus!found!jobs!in!180!days,!so!the!50%!target!was!met,!but!the!90%!target!in!180!days!was!not!met.!


1. On&last&year’s&report,&the&Accounting&Professionals&MBA&Program&expressed&the&need&to&improve&the&timely&placement&of&students&in&

Curricular&Practical&Training&jobs&(goal&InI3).&We&did&engage&a&fullItime&Director&of&Career&Services&to&assist&students&in&the&job&search&process.&

This&has&produced&significantly&improved&results.&&

2. In&the&July&2015&cohort&we&had&two&underperforming&groups&that&consisted&of&a&few&students&who&were&studying&for&CPA&exams&and&chose&to&

commit&lower&than&expected&time&and&effort&to&Capsim.&To&prevent&this&from&happening&again,&we&are&taking&counterImeasures&that&include&

the&following:&(a)&reduce&CAPSIM&group&size&from&4&to&2&students&to&maximize&the&learning&of&everyone&and&to&force&commitment&by&everyone,&

(b)&raise&the&level&of&faculty&involvement&in&preparing&groups&for&their&simulation&results&presentation;&will&be&reviewing&use&of&simulation&data&

and&effectiveness&of&using&data&to&tell&story&of&what&happened.&&

! !


Assessment'Results:'Standard'MBA'Track'Summary'of'Results'from'Implementing'Direct'Measures'of'Student'Learning:!

D1! Consulting'Project'Report'G1.'Communication.'The&Consulting&Project&reports&submitted&in&MGT&509&Business&Process&Improvement&had&average&grades&of&A–&in&both&written&

and&oral&presentation.&The&Consulting&Project&reports&submitted&in&MGT&5312&MBA&Capstone&by&sustainable&business&students&had&an&average&grade&of&

A–&(3.52)&in&written&presentation.&

G2.'Research.'The&Consulting&Project&reports&submitted&in&MGT&509&Business&Process&Improvement&had&an&average&grade&of&A–&in&research.&The&

Consulting&Project&reports&submitted&in&MGT&5312&MBA&Capstone&by&sustainable&business&students&had&an&average&grade&of&B+&(3.47)&in&

conceptualization&and&research.&

G3.'Leadership'and'Teamwork.'The&peer&evaluations&submitted&by&fellow&students&in&MGT&509&Business&Process&Improvement&had&an&average&grade&of&

A&for&teamwork.&Students&in&MGT&5312&reported&qualitatively&on&their&experience&of&attempting&to&get&support&from&the&client&for&their&work&and&of&

working&cooperatively&with&classmates&on&the&whole&project.&The&professor&noted&that&one&student&took&a&leadership&role&among&the&related&projects.'G4.'Personal'development.'In&MGT&509&Business&Process&Improvement,&a&supplement&to&the&Consulting&Project&report&asked&students&to&link&3&of&the&5&

Lean&Management&principles&to&specific&aspects&of&personal&development.&The&average&grade&on&these&supplements&was&A.&Among&the&Sustainable&

Business&students&in&the&capstone&courses,&all&commented&favorably&on&their&learning&experiences.'S1.'Specialized'knowledge.'The&Consulting&Reports&submitted&by&the&business&process&improvement&students&in&MGT&509&had&an&average&score&of&AI

across&four&measures&of&content&(identifying&a&process,&creating&a&mapping,&measuring&performance,&and&designing&process&flows).&The&Consulting&

Project&reports&submitted&in&the&MBA&Capstone&courses&by&sustainable&business&students&had&an&average&grade&of&3.57&across&4&measures&of&content&

knowledge&(problem&identification,&context,&concepts,&and&analysis),&of&which&the&lowest&was&analysis&(B+,&3.27).&This&is&the&same&pattern&of&results&as&

last&year.&

S3.'Implementation'plan.'The&6&sustainable&business&projects&in&the&Capstone&courses&had&an&average&grade&of&3.52&(A–)&for&their&implementation&

component.&All&grades&were&at&3.0&(B)&or&higher.!

D2! Consulting'Project'Client'Surveys&S2.'Consulting'process..&The&Client&Surveys&evaluating&projects&in&MGT&509&Business&Process&Improvement&gave&the&students&all&grades&of&A+&for&

effective&interaction&with&the&client.&The&Client&Surveys&in&the&Sustainable&Business&Capstone&projects&showed&very&good&(B+&or&better)&interactions&with&

clients.'S3.'Implementation'plan.'The&Client&Surveys&evaluating&projects&in&MGT&509&Business&Process&Improvement&gave&the&projects&an&evaluation&of&

“Extremely&Likely”&for&the&implementation&of&the&project.&The&Client&Surveys&in&the&Sustainable&Business&Capstone&projects&showed&a&range&of&

satisfaction&with&the&implementation&plans,&ranging&from&enthusiastic&to&minimal.'

D3! Foundation'Simulation'Reports&Not&used&for&the&Standard&MBA&Program,&except&for&the&Accounting&Specialization&students&whose&data&are&merged&with&AccMBA.'

D4! Mock'Job'Interview.'&Not&used&for&the&Standard&MBA&Program.&


D5! Professional'Exam'Results.'Not&used&for&the&Standard&MBA&Program.!&


In&1!

AccMBA'Campus'Exit'Survey.'Given&only&to&the&AccMBA&track.&&

In&2!

Program'Exit'Survey.'The!Graduation!Survey!was!sent!electronically!to!the!43!Standard!MBA!graduates!yielding!41'responses'(95%).'G1.'Communication.'85%&reported&that&their&MBA&program&was&“Useful”&or&better&in&helping&develop&communication&skills.&&

G2.'Research.&73%&of&graduates&responding&said&that&their&MBA&program&was&“Useful”&or&better&in&helping&develop&research&skills.&&

G3.'Leadership'and'Teamwork.'83%&of&graduates&responding&said&that&their&MBA&program&was&“Useful”&or&better&in&helping&develop&leadership&and&

teamwork&skills.&

G4.'Personal'development.'83%&of&graduates&responding&said&that&their&MBA&program&was&“Useful”&or&better&in&helping&with&their&holistic&

development.'G5.'Career'development.'78%&of&graduates&responding&said&that&their&MBA&program&was&“Useful”&or&better&in&helping&developing&clarity&on&personal&

strengths&and&career&goals.'S1.'Specialized'knowledge.'97%&of&graduates&responding&said&that&their&MBA&program&was&“Useful”&or&better&in&helping&developing&analytic&problem&

solving&skills&using&the&knowledge&of&business&functions.&

S2.'Specialized'knowledge.'94%&of&graduates&responding&said&that&their&MBA&program&was&“Useful”&or&better&in&helping&developing&effective&thinking&

and&reasoning.&&

S3.'Specialized'knowledge.'88%&of&graduates&responding&said&that&their&MBA&program&was&“Useful”&or&better&in&helping&developing&synthetic&thinking,&

problem&formulation&and&creativity&in&identifying&options&for&decisions.&&

In&3!

Job'Placement&G5.'Professional'advancement.'In!the!Standard!MBA,!with!41!students!responding,!37%!had!specific!plans!for!their!next!step!at!the!time!of!graduation.!This!is!an!improvement!from!last!year,!but!it!is!still!below!our!goal!of!70%.&

!!

Extent'of'Accomplishment'of'Intended'Student'Learning'Outcomes:'

Standard'MBA'Track'(Sustainable'Business)'



Direct'Measure'1'

Direct'Measure'2'

Direct'Measure'3'

Direct'Measure'4'

Direct'Measure'5'

Indirect'Measure'1'

Indirect'Measure'2'

Indirect'Measure'3'

Performance'








Target'Was…!


G1.! Communication skills! MET! n/a! n/a! n/a! n/a! ! MET! !

G2.! Research skills ! ≈MET! n/a! n/a! n/a! n/a! ! NOT!MET! !

G3.! Leadership and Teamwork skills! MET! n/a! n/a! n/a! n/a! ! MET! !

G4.! Personal Development ! MET! n/a! n/a! n/a! n/a! ! MET! !

G5.! Professional Advancement ! n/a! n/a! n/a! n/a! n/a! ! n/a! NOT!MET!


Standard'MBA'Track''

Direct'Measure'1'

Direct'Measure'2'

Direct'Measure'3'

Direct'Measure'4'

Direct'Measure'5'

Indirect'Measure'1'

Indirect'Measure'2'

Indirect'Measure'3'

Performance'








Target'Was…!

S1.! Exhibit!knowledge!of!the!concepts!and!analytic!techniques!used!in!one’s!area!of!specialization!

MET! MET! ! ! ! ! MET! !

S2.! Effectively!interact!with!a!client!in!the!process!of!a!consulting!assignment!

MET! MET! ! ! ! ! MET! !

S3.! Design!an!implementation!plan!for!the!recommendations!from!a!consulting!assignment!

≈MET! ≈MET! ! ! ! ! MET! !

!


1.&The&Sustainable&Business&capstone&faculty&were&not&equally&good&at&training&the&MBA&students&to&make&effective&recommendations&as&a&result&of&

their&work&for&a&client.&We&will&train&the&poorer&performing&faculty&on&how&to&coach&implementation.&&

2.&As&we&found&last&year,&we&do&not&have&enough&of&our&MBA&graduates&having&specific&plans&for&work&or&study&at&the&time&of&graduation&(goal&InI3).&

We&have&a&Director&of&Career&Services&for&the&Accounting&MBA&students,&but&not&for&the&Sustainable&Business&MBA.&We&will&do&more&to&assist&these&

students&in&career&planning.&

3.&Some&Sustainable&Business&students&did&not&do&as&well&in&research&as&the&faculty&expected,&and&this&even&showed&up&in&the&Program&Exit&Surveys&as&

an&area&where&less&than&80%&found&the&program&“useful”&or&better.&We&must&emphasize&research&more&(conceptualization&and&data&gathering)&next&

year.&

!!!!


Student'Learning'Assessment'for'Ph.D.'in'Management'General'Program'Intended'Student'Learning'Outcomes'(Program'ISLOs)'

G1.! Graduates&will&be&able&to&critique&a&scholarly&research&paper.!

G2.! Graduates&will&be&able&to&define&a&suitably&scoped&topic&for&study&and&conduct&a&literature&review&on&that&topic.!

G3.! Graduates&will&be&able&to&work&conceptually&with&the&theory&of&organization&studies&or&sustainable&business.!

G4.! Graduates&will&be&able&to&design&and&implement&a&research&project&that&yields&results&of&publishable&quality.!

G5.! Graduates&will&be&effective&teachers&using&the&principles&and&practices&of&ConsciousnessIBased&Education.!

G6.! Graduates&will&tend&to&pursue&a&career&in&collegiate&research&or&teaching.!

Intended'Student'Learning'Outcomes:'Major,'Concentration,'Specialization,'Emphasis,'Option,'or'Track'in'Area'1'ISLOs'

1.! There&is&only&one&track&in&the&Ph.D.&program.!



1.! Comprehensive'Exam'(Qualifying'Procedure)& 75%!of!the!students!attempting!each!component!of!the!Comprehensive!Exam!will!receive!a!passing!grade!on!the!component!on!their!first!attempt.&

General!Program!ISLOs!Assessed!by!this!Measure:!!G1,'G2,'G3,'G5&!

2.! Dissertation'Research& 75%!of!the!students!presenting!a!dissertation!defense!will&successfully!defend!their!dissertation,!meaning!that!they!can!complete!minor!revisions!within!one!semester!of!their!defense.&

General!Program!ISLOs!Assessed!by!this!Measure:!G2,'G3,'G4!!

3.! Publication'Record'of'Graduates& At!least!40%!of!the!graduates!of!the!MUM!Ph.D.!in!Management!will!publish!a!peer&reviewed!article,!chapter,!or!book!within!6!years!of!graduation.&

General!Program!ISLOs!Assessed!by!this!Measure:!G4,'G6!



1.! Job'Placement'General!Program!ISLOs!Assessed!by!this!Measure:!G6'

The!majority!of!our!graduates!will!have!a!career!in!collegiate!teaching!or!research.&

Summary'of'Results'from'Implementing'Direct'Measures'of'Student'Learning:!

D1! Comprehensive'Exam'


G1.'Research'Critique.'100%!(4!of!4!so!far!attempted)!

G2.'Literature'Review.'100%!(2!of!2!so!far!attempted)!

G3.'Management'Theory.'75%!(6!of!8)!G5.'Teaching'Exercise.'86%!(6!of!7)!

D2! Dissertation'Research.&&G4.&2&of&2&students&defended&their&dissertations&this&year,&each&passing&with&minor&revisions,&meeting&our&target!

D3! Publication'Record'of'Graduates.&G6.&!Of!nine!graduates!from!2012!to!2016,!6!(67%)!have!published!so!far,!meeting!our!target!


In&1! Job'Placement.&G6.&Of!nine!graduates!from!2012!to!2016,!5!(55%)!are!employed!in!higher!education,!3!in!industry,!1!is!retired.!Meets!target!

!

Summary'of'Achievement'of'Intended'Student'Learning'Outcomes:'Ph.D.'in'Management'



Direct'Measure'1'

Direct'Measure'2'

Direct'Measure'3'

Direct'Measure'4'

Indirect'Measure'1'

Indirect'Measure'2'

Indirect'Measure'3'

Indirect'Measure'4'

Performance'








Target'Was…!

G1.! Critique&of&a&scholarly&paper! MET! ! ! ! MET! ! ! !

G2.! Literature&review!MET![for!some}!

! ! !MET!

! ! !

G3.!Theory&paper!

Not!MET![but!met!on!2nd!try]!

! ! !MET!

! ! !

G4.! Research&projects! ! MET! ! ! MET! ! ! !

G5.! Effectiveness&in&teaching! MET! ! ! ! MET! ! ! !

G6.! Career&in&teaching&or&research! ! ! MET! ! MET! ! ! !

!


1.&G3.'Theory!Papers!of!three!students!needed!rewriting!for!clearer,!cleaner!and!more!organized!writing.!Students!will!get!more!writing!quality!and!faculty!resources.&

2.&G2.&Literature!Reviews!papers!were!only!turned!is!so!far!by!two!of!eight!students;!a!simplified!test!of!literature!review!skills!will!be!designed!that!can!be!completed!sooner;!then!the!actual!writing!of!a!literature!review!will!be!in!the!dissertation!proposal.&


Section'II:'Operational'Assessment!(Note:'Complete'this'section'only'if'you'received'firstMtime'accreditation'or'reaffirmation'of'accreditation'after'

January'1,'2011.)!!

MUM'College'of'Business'Administration'Operational'Assessment'

Intended'Operational'Outcomes:'

G1.&Quality&of&academic&programs!

G2.&Faculty&Scholarship!

G3.&Faculty&Service&to&Academia!

G4.&Service&to&the&Local&and&University&Community!

G5.&Research&grants&and&corporate&training&contracts/programs!

G6.&Enrollment&growth!

Assessment'Measures/Methods'for'Intended'Operational'Outcomes:'Performance'Objectives'(Targets/Criteria)'for'Operational'Assessment'

Measures/Methods:'

1. Dean’s'average'“grade”'for'the'main'degree'programs'

! ! Intended!Operational!Outcomes!Assessed!by!this!Measure:!! G1&

The&Dean&grades&each&program&on&a&4Ipoint&GPA&scale&as&a&summative&

evaluation.&(1)&No&program&should&be&below&a&3.0&(B)&for&more&than&one&

year,&and&(2)&the&average&of&all&programs&should&be&above&3.3.&

2. Scholarship'of'the'FacultyVVTotal'


Using&the&College&of&Business’&weighting&system&for&various&types&of&

scholarship&(books,&articles,&chapters,&conference&papers,&acknowledgeI

ments:&peerIreviewed&and&not)&the&total&scholarly&output&of&the&faculty,&

as&a&twoIyear&moving&sum,&should&be&at&least&300&points.&

3. Scholarship'of'the'FacultyVVBreadth'


The&percentage&of&fullItime&faculty&publishing&at&least&1&paper&every&two&

years&should&be&at&least&70%.&

4. Scholarship'of'the'FacultyVVDepth'


The&percentage&of&fullItime&faculty&publishing&at&least&2&papers&every&two&

years&should&be&at&least&25%.&

5. Service'to'the'Academic'Community' Using&the&College&of&Business’&weighting&system&for&various&types&of&



academic&service&(editorship,&reviewing,&organizing&conference&sessions,&

serving&in&professional&associations…),&the&total&academic&service&of&the&

faculty,&in&this&one&year,&should&be&at&least&150&points.&

6. Service'to'the'Local'and'University'Community'


Using&the&College&of&Business’&weighting&system&for&various&types&of&

public&service&(facultyIstudent&projects,&consulting,&awards),&the&total&

public&service&of&the&CBA,&in&this&one&year,&should&be&at&least&100&points&

7. Research'Grants'and'Corporate'Training'Contracts/Programs'


A&stretch&goal&at&this&time&would&be&5%&of&the&College’s&income.&

8. ThreeVyear'Moving'Average'of'Enrollment'Growth'


5%&per&year&

Summary'of'Results'from'Implementing'Operational'Assessment'Measures/Methods:'

1.&Dean’s'average'grade.&All&programs&were&in&the&range&of&3.3&to&3.7,&averaging&3.57,&an&AI,&which&is&above&the&target&3.3.!

2.&Faculty'ScholarshipVtotal.&The&total&twoIyear&score&was&405&points,&an&increase&from&last&year&and&above&the&target&300.!

3.&Faculty'ScholarshipVbreadth.'The&percentage&of&fullItime&faculty&publishing&1&article,&or&equivalent,&per&2&years&was&40%,&which&is&below&the&goal&

of&70%.!

4.&Faculty'ScholarshipVdepth.'The&percentage&of&fullItime&faculty&publishing&2&articles,&or&equivalent,&per&2&years&was&33%,&which&is&above&the&goal&

of&25%.!

5.&Faculty'Service'to'Academia.&The&oneIyear&measure&for&2015&was&285&points,&which&is&well&above&the&target&of&150&for&our&size&of&faculty.!

6.&Service'to'the'Local'and'University'Community.'The&oneIyear&measure&for&2015&was&100&points,&which&is&just&at&the&target&of&100.!

7.&Research'grants'and'corporate'training'contracts/programs.&None&this&year.!

8.'Enrollment'growth.&The&threeIyear&moving&average&was&6%&per&year,&which&is&above&the&goal&of&5%&per&year.!

Summary'of'Achievement'of'Intended'Operational'Outcomes:'

Intended'Operational'Outcomes'

Operational'Assessment'Measures/Methods'

Operational'Assessment'Measure/'Method'1'




Operational'Assessment'Measure'Method'5'





Performance'








Target'Was…!

G1.'Quality'of'academic'programs' MET! ! ! ! ! ! ! !

G2.'Faculty'Scholarship' ! MET! Not!Met! MET! ! ! ! !

G3.'Faculty'Service'to'Academia' ! ! ! ! MET! ! ! !

G4.'Service'to'the'Local'and'University'Community' ! ! ! ! ! MET! ! !

G5.'Research'grants'and'corporate'training'contracts/programs' ! ! ! ! ! ! Not!Met! !

G6.'Enrollment'growth' ! ! ! ! ! ! ! MET!

Proposed'Courses'of'Action'for'Improvement'in'Operational'Outcomes'for'which'Performance'Targets'Were'Not'Met:'

G2.&The&goal&for&faculty&scholarship&was&met&only&in&one&of&two&aspects,&the&weakness&being&the&breadth&of&faculty&participation&in&scholarship.&Some&

of&the&older&faculty&are&just&not&oriented&toward&scholarship,&even&in&its&broader&interpretation&(Boyer’s&Priorities&of&the&Professoriate).&

G5.&The&development&of&research&grants&and&contracts&for&corporate&training&is&a&relatively&recent&objective&of&the&College.&The&faculty&are&developing&

short&courses&for&executives,&and&the&Dean&is&working&on&a&marketing&plan.&&

!

Documents

IACBE 2016 report-Maharishi · C2 Students should develop clarity about their personal ... Marketing Plan 8 (100%) A1. HR and Ops ... 1.!63&students&participated&in&10&business&plan