Vision, Mission, Value Statements and Strategic Plan

Vision

We aspire to be an excellent, vibrant, public business school facilitating collaborative and innovative learning and knowledge creation for the public good.

Mission and Values Statements:hatch xBEEG7715

Our mission is to transform lives, enhance the economic vitality of our region, and benefit society through exceptional, holistic, learner-centered business education; thought-leading research; and valuable service.

We value:

  • Leading with ethics and integrity, respect, transparency, accountability, and professionalism.
  • Fostering diverse, inclusive, equitable, multi-cultural, and global perspectives.
  • Empowering every individual to achieve their full potential personally and professionally.
  • Conducting thought-leading research that is meaningful to scholars and practitioners.
  • Incorporating principles of sustainability and social responsibility in everything we do.
  • Providing innovative, collaborative, integrative, and experiential learner-centric pedagogy.
  • Nurturing creativity, critical thinking, and effective communication.
  • Creating mutually beneficial collaborations with the external community

Schmidthorst College of Business Strategic Plan

SCoB Objective SCoB Initiative Metrics Goal Baseline Baseline Date AY 22 (Fall 21) AY 23 (Fall 22)
1: Provide inclusive access to high-quality, innovative, outcome-focused business education. Enhance Curriculum Trailing 5-Year Curricular Approvals At least 3 major revisions to programs 3-Enhancements Quant Curr, ACCT - BSBA, E-ship minor revisions AY 20 Business Core revision on-going (Spring 22) Business Core revision on-going (Spring 22)
Improve Poets & Quants Undergraduate Ranking Ranking among public universities Top 30 32 Fall 2021 32  
Improve USNWR Public Undergraduate Ranking Ranking among public universities Top 100 108 Fall 2021 108  
USNWR OMBA ranking Top 50 Top 50 Not Rated Fall 2021 Not Rated  
Increase Undergraduate Student Enrollment Fall 15-day enrollment 2050 1915 Fall 2020 1845 1817
Increase Graduate Student Enrollment Fall 15-day enrollment 600-650, Overall, 450-500 for OMBA based on faculty resources 616 Fall 2020 638 576
Expand Online Programming Number of new OMBA concentrations; Certificates          
2: Personalize the “Schmidthorst Experience” for each student by (1) providing transformative experiential learning opportunities, and (2) nurturing inclusive leaders who serve their communities for public good. Increase First-Year FTFT Retention Rate within SCoB Retention Rate Fall 15-day 85% 77.4% Fall 20 Cohort 75.8% fall 21 Cohort  
Increase Second-Year FTFT Retention Rate within SCoB Retention Rate Fall 15-day 75% 67.0% Fall 19 Cohort 65.1% Fall 20 Cohort  
Reduce the Inequity Gap between Students of Color and White Students in Quantitative Business Core Courses Difference in DFWU Rates 0% 11% Fall 2020 13.68% 5.87%
Improve Degree Progression 4-Year Graduation Rate 60% 54.5% (Fall 2016 Cohort) AY 20 54.7% (fall 2017 Cohort) 51.8% (fall 2018 Cohort)
Enhance Undergraduate (UG) Educational Outcomes Percent above national mean on ETS Major Field Test Exceed national mean 4% of 1 Std. Dev. below national mean AY 20 31% of 1 Std. Dev. above national mean Will be assessed in Spring 2024
Improve UG Student Placement Outcomes Placement at Grad-uation per Academic Year 70% - 75% 77% Spring 19 (pre-Covid) 67% (Spring 22)  
Increase UG Student Internship Completion Rate Percent of graduates with one or more internships 85% 76% Fall 2020 74% (spring 22)  
Enhance Graduate Educational Outcomes Improvement on assessment 5% annual improvement Sp 2022 & Fall 2022 performance AY 2023    
Improve Placement Outcomes for Full-time Programs Placement at Graduation 70% 62% AY 20    
Enhance Undergraduate (UG) Educational Outcomes NSSE metrics HIP, HOL, RIL Improve NSSE Scores by 1% annually HIP: 61% ; HOL: 36.6 ; RIL: 35.7 AY 21 DNA DNA
Increase Internship Completion Rate Percent of graduates with one or more internships 85% 76% Fall 2020 74% (spring 22)  
3: Extend the impact of our scholarship by driving current, relevant and diverse thought leadership to benefit students, employers, and other stakeholders Increase Number of Professorships Number Endowed trailing 5 years 3 3 AY 20    
Increase Faculty/Staff Professional Development Resources Dollar Amount trailing 5 years Increase 5%/Yr 30000 FY 20    
Quantity Number of PRJs per TTF FTE and total trailing 5 years 1/FTE/Yr 1.17/FTE/Yr 2016-2020    
Quality Number of PRJs on ABS 3 or higher trailing 5 years 22% 75 (20.5%) AY 20    
Improve Thought Leadership Exemplars of Thought Leadership 3 over trailing 5-years 3 AY 20    
Improve Positive Societal Impact Exemplars of Positive Societal Impact 5 over trailing 5-years 7 AY 20    
Increase External Grants Number of External Grants Average 1/Yr trailing 5 years 3 AY 20    
4: Grow and foster business-specific partnerships connecting stakeholders for excellence in teaching and learning, research, positive social impact, and greater economic growth for the University and its communities Increase External Grants Number of External Grants Average 1/Yr trailing 5 years 3 AY 20    
Improve Positive Societal Impact Exemplars of Positive Societal Impact 10 per year Average 12 per year AY 20    
Increase Alumni Engagement Annual Number of New Major Prospects 12 per year Source: Dean AY 20    
Develop Annual Marketing & Communications Plan # of Newsletters 7 per year 12 AY 20    
Improve Diversity and Belonging in Faculty Percentage of Diverse Faculty F-42%, M-58%; Faculty of Color-30%; Underrepresented-7% F: 39.1%; Faculty of Color: 25%; underrep: 6.3% AY 20 F: 38.2%; Faculty of Color: 26.5%; underrep: 4.4% F: 38.9%; Faculty of Color: 29.2%; underrep: 2.8%
Improve Diversity and Belonging in Staff Percentage of Diverse Staff F- 75%, M-25%; Staff of Color: 5%; underrep: 0% F-70%, M-30%; Staff of Color: 14.8%; Underrepresented: 11.4% AY 20 F- 80%, M-20%; Staff of Color: 6.25%; underrep: 0% F- 76.5%, M-23.5%; Staff of Color: 17.6%; underrep: 5.9%
Improve Diversity and Belonging in Graduate Students Gender and Ethnicity Diversity at Fall 15-day F-50%/M-50%, Students of Color-35% F:44.4%, M:55.6%; Students of Color: 31.1% AY 20 F:45.8%, M:54.2%; Students of Color: 31.7% F:46.9%, M:53.1%; Students of Color: 31.1%
Improve Diversity in Undergraduate Students Gender and Ethnicity Diversity at Fall 15-day F-40%/M-60%, Students of Color-20% F:35.1%, M:64.9%; Students of Color:17.9% Source: IR F:34.8%, M:65.2%; Students of Color:17.6% F:35.3%, M:64.7%; Students of Color:16.1%  
Improve Belonging in Undergraduate Students NSSE Mean score on Sense of Belonging Improvement on NSSE Scores by 1% annually 45.1 AY 2020/2021 Survey not conducted  
Percent of students reporting discrimination on DACODI SCoB Climate Survey 0 1% Spring 2021 0.01  
Enhance Teaching & Learning Effectiveness # of Workshops, brown bags, spotlights, high impact awards 8 events/year        
AACSB Engagement, Innovation & Impact Number of faculty participating in seminars and workshops 3 faculty/Yr        
5: Optimize the use of Schmidthorst College of Business assets including talent, the Maurer Center, technology, and information resources in a sustainable and effective manner Increase Number of Endowed Scholarships Number Endowed trailing 5 years 15 Average 7 per year AY 20    
Maintain Teaching Productivity Ratio SCH/FTE 650 708 Fall 19 - Sp 20 741  
Maintain Maurer Center Fund   $190,000/Yr        
Maintain Maurer Center LEED Certification   Develop Plan with Campus Operations        

Updated: 05/23/2023 03:11PM