UNH Paul College of Business and Economics 2022-2024 Strategic Directions

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2022-2024 STRATEGIC DIRECTIONS

Empower. Excel.
Excite. Engage.

TABLE OF CONTENTS

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STRATEGIC
STRATEGIC
4 MISSION 5
PRIORITIES 6
OBJECTIVES
2022-2024 STRATEGIC DIRECTIONS (REFRESH OF 2014-2020 STRATEGIC DIRECTIONS)
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MESSAGE FROM THE DEAN

At Paul College we prepare our students for fulfilling careers and lives with impact. Our mission and strategic priorities are motivated by an unwavering commitment to excellence in teaching, research, and business engagement. Our focus is on empowering our students with the academic foundation, specialized knowledge, skills, and hands-on learning experiences to develop as principled, well-rounded, and hard-working professionals and leaders.

We encourage our students to get involved in all aspects of the Paul experience, pursue their passions, and achieve at the highest levels both in and out of the classroom. Our relationship with them does not end on graduation day or when they’ve moved on to successful careers. Our alumni are central to our community, both as life-long learners and as mentors to the next generation of students.

Our mission is focused on making our college the best place for students, faculty, and staff to thrive. We are driven by continuous improvement of our programs, ensuring the success of each of our students, building and nurturing a dynamic and inclusive community, and creating new knowledge that impacts the field, policy, and practice. We are proud of the Paul experience and the students we graduate. We strive for further achievement.

3 UNH Paul College | 2022-2024 STRATEGIC DIRECTIONS

A NATIONAL LEADER IN EXPERIENCE-BASED

Mission

EXCITE. ENGAGE. EMPOWER. EXCEL.

As a community, Paul College excites, engages, and empowers students to think critically and globally, apply knowledge analytically, make decisions ethically and communicate ideas persuasively. Through rigorous academics coupled with realworld, experience-based learning, students build the confidence, knowledge, skills, and persistence they need to lead, forge meaningful lives, and excel in careers.

• Teaching Excellence: We provide a small college experience dedicated to teaching excellence while pursuing the rich opportunities and aspirations of a world- class research university.

• Research Impact: We foster faculty commitment to producing high quality research that impacts their fields, policy, practice, and society through our dynamic and collegial learning community.

• Diversity and Inclusion: We are an inclusive community that respects and harnesses the power of diverse perspectives, identities, and experiences to enhance learning.

• Alumni Engagement: We engage our alumni as passionate supporters of our students and their development.

• Business Partners: We partner with businesses and non-profit and governmental organizations in New Hampshire and beyond to share research, knowledge, and skills to enrich society and enhance organizational success.

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EXPERIENCE-BASED EDUCATION

2022-2024

Strategic Priorities

• Re-engage our community

• Re-focus on refreshed strategic objectives

• Robust data collection and analysis for AACSB and NECHE year of record

• Build enrollments in target areas

• Reinforce the distinctive Paul Brand

Strategic Objectives

1 Enhance academic reputation and visibility

2 Strengthen research productivity, impact, and dissemination

3 Enhance undergraduate student academic success and outcomes

4 Grow, diversify, enhance, and elevate stature of graduate programs

5 Foster a collaborative, engaged, inclusive, and aspirational culture that supports all community members to thrive

6 Engage robustly with the business community regionally and nationally

7 Ensure financial health and sustainability

5 UNH Paul College | 2022-2024 STRATEGIC DIRECTIONS UNIVERSITY OF NEW HAMPSHIRE | 5

Enhance academic reputation and visibility

• Secure Top 100 national rankings for all major programs by 2024 and communicate ranking success.

• Communicate and claim Paul’s key differentiator as a national leader in experience-based learning and document impact.

• Leverage strength and investment in business analytics and become a recognized center or excellence.

• Strengthen teaching, research, and engagement on potential of business to have positive social and environmental impact to address growing student interest and leverage UNH strength in sustainability.

• Strengthen marketing and communication to strategically position Paul College and engage diverse constituencies.

• Ensure a successful five-year AACSB review.

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Jeffrey
#3 TOP ONLINE MBA IN NEW ENGLAND 2023 US NEWS & WORLD REPORT #31 TOP ONLINE MBAVETERANS NATIONWIDE 2023 US NEWS & WORLD REPORT #37 TOP ONLINE MBA NATIONWIDE 2023 US NEWS & WORLD REPORT #60 TOP BUSINESS SCHOOL NATIONWIDE POETS&QUANTS FOR UNDERGRADS
Sohl, 2022 UNH Professor of the Year
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Select Achievements

Our Center for Business Analytics, launched in 2021, boasts a robust network of industry partners with plentiful opportunities for students to work on real-world projects.

15

Interns from MBA, MSBA and Economics engaged with consulting projects at the center

170+

Students attended the center’s first analytics-focused job fair

3

Proof of Concepts are underway to evaluate AWS technology for research

7 Active experiential learning projects

22

Industry executives attended the center’s supply chain event

25+

Companies engaged with the center for jobs, projects, training, technology, and consulting work

30+

Students supported for career prospecting and professional guidance

50+

Paul College alumni joined the Alumni Ambassador Program to advocate for the center and connect the college with industry trends

10

Events conducted by center to promote industryuniversity connections

The college deployed a Sustainability Dashboard on its website to report and share best practices in line with the United Nations’ Sustainability Development Goals.

7 UNH Paul College | 2023-2024 Strategic Plan

Strengthen research productivity, impact, and dissemination

• Increase resources, incentives, and support for faculty to produce high quality research and pursue research funding.

• Strengthen multi-channel dissemination of research to heighten visibility of faculty research individually and collectively.

• Strengthen dissemination of practical implications of faculty research for business and policy.

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2

Select Achievements

9 UNH Paul College | 2022-2024 STRATEGIC DIRECTIONS •
and scholarship Heightened LinkedIn strategy to better disseminate faculty research and scholarship 0 15 35 Articles in Top-tier Journals AY17-18 AY18-19 AY19-20 AY20-21 AY21-22 14 25
30 (42%) of tenured/tenuretrack faculty published 39 A & A* journal articles in AY21-22
New research-focused website better highlights faculty publications and scholarship
Created LinkedIn strategy to better disseminate faculty research
A*-PRJ-#of Articles A-PRJ-# of Articles

Enhance undergraduate student academic success and outcomes

• Strengthen academic profile of students incrementally through improved selectivity and enhanced scholarship support.

• Expand percentage of students participating in co-curricular and experience-based learning opportunities (High Impact Practices).

• Develop and elevate visibility of Business in Practice program as a signature innovation in experience-based learning.

• Sustain continuous improvement in teaching effectiveness with rigorous AoL and multiple teaching methods.

• Improve retention through enhanced programming for sophomores and students from underrepresented groups.

• Sustain continuous improvement in academic and career advising to enhance graduate rates and career outcomes.

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Select Achievements

Grew Business in Practice program by increasing number of courses, instructors, and enrollments

The Rutman/Och Advancing Women’s Leadership Initiative educates high-performing young leaders who are committed to advancing women’s leadership in business and economics. Students receive scholarship support, mentorship, internships, along with leadership and job preparedness education.

11 UNH Paul College | 2022-2024 STRATEGIC DIRECTIONS Regained ground in first-year student selectivity Fall 2019 Fall 2020 Fall 2021 Fall 2022 69 70 71 72 73 74 75 76 BiP Program Indicators AY19-20 AY20-21 AY21-22 # of courses 32 57 66 Credit hours 1366 2566 3188 Enrollments 683 1283 1594 Instructors 24 42 39
Acceptance Rate

Grow, diversify, enhance, and elevate stature of graduate programs 4

• Continue to strengthen master’s programs with aggressive marketing, international recruitment, company partnerships, expanded online offerings, accelerated master’s programs, and graduate certificates.

• Refine and grow specialized programs in finance, analytical economics, business analytics, and accounting.

• Build out infrastructure for business and alumni engagement and career services for graduate students to enhance career outcomes and foster great alumni affinity.

• Invest in support for Ph.D. students to enhance recruitment and accelerate graduate rate important for R1 status

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Select Achievements

• Expanded Career and Professional Success office with graduate career advising

• Fully staffed the Graduate Programs Office to tackle business and alumni engagement

Refined and grew specialized master’s degree programs in accounting, business analytics, economics, and finance

MASTER’S STUDENT CAREER OUTCOMES

94% PLACEMENT RATE (6 months Post-graduation)

$80,053 AVERAGE SALARY

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Foster a collaborative, engaged, inclusive, and aspirational culture that supports all community members to thrive 5

• Foster collegiality, mutual respect, inclusion, and belonging as a core practice and value within our community.

• Increase diversity in our community by strengthening recruitment and retention strategies to increase percentage of women, historically underrepresented minorities, and international faculty, staff, and students.

• Strengthen attention to diversity, equity, and inclusion systematically in our curricula, research, and engagement.

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Select Achievements

• Created a Diversity & Inclusion Resources Guide for the college in partnership with the UNH Library

• Supported and hosted the UNH Women in Business Conference, which attracted 200+ attendees

• Attracted 150+ participants to the inaugural Paul College Diversity, Equity, and Inclusion conference, hosted and programmed by the college

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Engage robustly with the business community regionally and nationally

• Continue to focus on engaging alumni and business partners in our teaching, research, and co-curricular activities.

• Deepen collaboration between academic units/business-facing centers/industry partners and raise awareness on how Paul College can support partners’ businesses.

• Develop strategic, multi-stranded partnerships with 10-15 companies for mutual benefit.

• Assess market opportunities and develop strategy to rebuild professional development and executive education programming.

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Select Achievements

Engaging alumni and business partners

69

Undergraduate consulting projects with external organizations engaging 450 students

12 Graduate consulting projects engaging 41 students

2,500

Approximate participants (students, faculty, staff, industry professionals) both in-person & virtual events

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Ensure financial health and sustainability 7

• Stabilize undergraduate enrollment at 2,500 through increased outreach and growth in economics and hospitality management programs.

• Grow graduate student revenue aggressively as key diversification strategy to offset projected decline in undergraduate revenue.

• Control expenses and target resources to support strategic goals.

• Align staff resources and needs and adapt effectively to UNH centralized business processes introduced in 2021-22.

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Select Achievements

Strategically grow enrollment in undergraduate and graduate programs

• Grew undergraduate 1st year enrollment from 497 in 2020 to 557 in 2022, with average GPA improving from 3.53 to 3.59

• Increased first-year student enrollment in undergraduate economics majors from 27 to 37

• Applications for graduate programs up from 388 in 2020 to 748 in 2022, with the return of the international market

Meet/surpass campaign fundraising goals

1,528 DONORS UP 7% FROM FY21

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0 5 10 Millions Raised FY19 FY20 FY21 FY22 5.81 5.86 6.3 4.4 3.41 Analytics
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