DEAN’S REPORT 2019-20
CONTENTS Letter from the Dean............................................... 3 About Us...................................................................... 4 Vision/Mission/Values............................................. 4 Goal 1.............................................................................. 6 Goal 2............................................................................. 7 Goal 3............................................................................ 8 Goal 4............................................................................ 9 Goal 5............................................................................. 11 College at a Glance................................................. 12 Top Employers..........................................................14 Faculty..........................................................................16 Alumni Facts.............................................................. 17 Majors & Minors........................................................18 Business Advisory Board......................................19
LETTER FROM THE DEAN Opportunities abound in Wyoming. As the state’s only College of Business, we play a critical role in re-imagining higher education, considering ways to enhance economic development, expanding new forms of work-force training, and diversifying the Wyoming economy. In this year’s 2019-20 Dean’s Report, I am delighted to share with you the updated metrics and progress of our college’s strategic plan in service of our mission. The core of our plan features five goals covering student success, teaching and learning, research and creative activities, community engagement and global partnerships. Under each goal, our plan identifies objectives along with specific baseline and progress indicators. We are committed to the following priorities as informed by our strategic goals:
• •
Continue expanding the quality, support, and accessibility of our online programs Increase global connections for our students, faculty, staff and programs
Our strategic plan continues to help guide the school’s growth in an era of increasing competition and greater challenges for higher education as an industry. The college’s long-standing history of serving the state will be critical as we look forward to increase that commitment by leveraging the expertise and resources of its flagship school. As we dedicate ourselves to education, discovery, and service working in partnership with students, faculty, staff and alumni, we invite you to learn more about the work that makes the College of Business an extraordinary institution. Working together, I know that we can drive Wyoming’s business school to greater distinction! Best regards,
•
• •
Continue momentum to create a leading student experience supported by the Green Johnson Student Success Center; a comprehensive unit integrating enrollment, advising, and career development Enrich our research and scholarship by retaining and supporting our top faculty Engage the state to support economic development, workforce training, and diversification of the state’s economy
David Sprott, PhD Dean and Professor College of Business University of Wyoming
COLLEGE OF BUSINESS DEAN’S REPORT | 3
ABOUT US Welcome to the University of Wyoming College of Business, the business college of choice for people who value enriching experiences and the integrity of the handshake. Founded in 1899 as the University of Wyoming School of Commerce and Industry, the College of Business is home to over 1,300 current undergraduate and graduate students. While business programs have changed over the years, the college remains firmly committed to the success of our students, the impact of our scholarship, and the economic vitality of Wyoming and beyond. The new College of Business Peter M. and Paula Green Johnson Student Success Center will be an integral part of our students’ experience. The center, an innovative model for delivering student-centered support and services, will include enrollment management, student recruiting, scholarships, academic advising, study abroad advising, professional development and engagement, internships, and career services. The College of Business is an AACSB internationally accredited institution — an industry standard of excellence that is achieved by fewer than 5% of business schools worldwide.
VISION To be the business college of choice for people who value enriching experiences and the integrity of the handshake.
MISSION We commit to the success of our students, the impact of our scholarship, and the economic vitality of Wyoming and beyond.
VALUES 1: CHARACTER OF THE INDIVIDUAL We embrace the spirit of hard work, respect and diversity of ideas and all people, ethical behavior, and an entrepreneurial mindset. 2: SERVICE TO OUR COMMUNITIES We commit to serving the educational, scholarly, and industry partners who support us. 3: STEWARDSHIP OF RESOURCES We hold ourselves accountable for the human, fiscal, and environmental resources entrusted to us.
4 | COLLEGE OF BUSINESS DEAN’S REPORT
GOAL 1
DELIVER A HIGHLY VALUED STUDENT EXPERIENCE
Provide a quality business education aligned with the needs of the marketplace, enhanced by personalized experiences inside and outside of the classroom.
PERFORMANCE INDICATORS
BASELINE (2018)
TARGET (2022)
Total undergraduate enrollment
1352
1500
Placement rate
82%
88%
Fall-to-fall retention rate (COB)
62%
68%
GOAL HIGHLIGHTS Create virtual networking opportunities for students through career fairs, meetings, and access to engagement software like Handshake, SOAR, and LinkedIn Learning
Dual degree MBA programs with Colleges of Engineering, Law, and Pharmacy
New corporate partnership program
New College of Business Diversity Committee
6 | COLLEGE OF BUSINESS DEAN’S REPORT
ADVANCE WORLD-CLASS RESEARCH
GOAL ACCOMPLISHMENTS TO-DATE Multiple research projects relying upon large data sets, Internet data scraping, electronic human subjects data collection (MTurk) and big data processing
CBEA
Center for Business and Economic Analysis (CBEA)
Multi-disciplinary grants in the economics (e.g. NSF project on solar radiation management: an impending project to be funded by Sloan on carbon capture and sequestration, DOEfunded projects involving stakeholders of carbon management)
GOAL 2
Foster a research culture that sparks new ideas and addresses real-world challenges to further understanding and provide insights that make an impact. PERFORMANCE INDICATORS
BASELINE (2018)
TARGET (2022)
H index for tenure/ tenure-track faculty
16.3
18
Average number of publications per faculty member (over past 5 years) in top journals
47
55
Quality of graduate programs as measured by average GRE
318.2
325
COLLEGE OF BUSINESS DEAN’S REPORT | 7
GOAL 3
SERVE THE STATE THROUGH OUTREACH AND ENGAGEMENT
Strengthen value-added relationships with government, industry and community stakeholders. PERFORMANCE INDICATORS
BASELINE (2018)
TARGET (2022)
Number of key partners
New metric
Baseline developed
Number of statewide economic development project/activities
New metric
Baseline developed
Number of collaborative engagements created with educational and community partners
New metric
8 | COLLEGE OF BUSINESS DEAN’S REPORT
Baseline developed
GOAL HIGHLIGHTS Blockchain Center of Excellence state and industry partnerships
Experiential student projects at the undergraduate and masters levels
State-wide, regional, and national accounting firm partnerships, programing, and student placement
Expanding access to COB programs through distance education initatives
GROW THE QUALITY & REACH OF ONLINE OFFERINGS
GOAL ACCOMPLISHMENTS TO-DATE Hired in-house instructional designer for course development and instructional technology support.
Building in-demand online degree and certificate programs to generate revenue with an initial goal of growing or replacing 20-30% of the FY2019 college budget.
Online programs are able to meet students where they are. This means reaching a diverse range of students through Wyoming, the country and the world.
GOAL 4
Further cultural competence through international experiences and global engagement.
PERFORMANCE INDICATORS
BASELINE (2018)
TARGET (2022)
Online credit hour offerings
5490*
7500*
Percentage of full-time faculty with online teaching loads
36%
40%
Online student satisfaction with degree offerings
New metric
50% Very or Somewhat Satisfied*
COLLEGE OF BUSINESS DEAN’S REPORT | 9
10 | COLLEGE OF BUSINESS DEAN’S REPORT
EXPAND GLOBAL CONNECTIONS
GOAL ACCOMPLISHMENTS TO-DATE Investments in distance learning initiatives to bring the College of Business to the world
Experiential learning trips to Germany based companies
Expanded network of international business programs and abroad with membership in the Consortium of Undergraduate Business Educators (CUIBE)
GOAL 5
Re-imagine online business programs to better serve our students, the state and beyond.
PERFORMANCE INDICATORS
BASELINE (2018)
TARGET (2022)
Number of student and faculty participants in study abroad
58
125
Number of international students
79
100
Number of global partnerships
13
16
COLLEGE OF BUSINESS DEAN’S REPORT | 11
COLLEGE AT A GLANCE
FALL 2020
1,317
TOTAL ENROLLMENT
842
459
RESIDENT
NON-RESIDENT
UNDERGRADUATE CLASS PROFILE
1,133
UNDERGRADUATE ENROLLMENT BY PROGRAM
Accounting
178
Business Administration (online)
67
Business Economics
41
Economics
39
TOTAL ENROLLMENT
Finance
163
Management
279
184
Marketing
222
FEMALE: 80 MALE: 112
Pre-Accounting
175
FEMALE: 418 MALE: 691
GRADUATE CLASS PROFILE
TOTAL ENROLLMENT
12 | COLLEGE OF BUSINESS DEAN’S REPORT
1,380 TOTAL ENROLLMENT
48%
STUDENTS COMPLETED AN INTERSHIP FOR CREDIT
TOP
STUDENT-TOSTATES FACULTY RATIO:
15-1
38
AVERAGE CLASS SIZE
AVERAGE UNDERGRADUATE ACT SCORE:
23.1
861
WYOMING RESIDENTS
519
NONRESIDENTS
TOP STATES STUDENTS COME FROM 1. COLORADO 2. CALIFORNIA 3. TEXAS 4. ILLINOIS 5. NEBRASKA
6. WISCONSIN 7. FLORIDA 8. SOUTH DAKOTA 9. MISSOURI 10. WASHINGTON
404 150+
STUDENTS MINORING IN BUSINESS
DEGREES AWARDED IN 2020
5139
FEMALES
AVERAGE UNDERGRADUATE SAT SCORE:
867
MALES
STUDENT ORGANIZATIONS AND CLUBS INCLUDING
STUDENTS STUDYING
1085
COLLEGE OF BUSINESS DEAN’S REPORT | 13
TOP EMPLOYERS GOLD LEVEL
SILVER LEVEL
BUILDING PARTNERSHIPS The best education we can provide is developed in collaboration with experts from the business community. In order to build the strongest relationship we can with our business partners, we focus on understanding what it takes for this relationship to be successful. Whether it is the first time you are engaging with our college or you find yourself on our campus frequently, we want to thank you for helping us to develop strong future business leaders. You can be confident that our outstanding team in the Peter M. & Paula Green Johnson Student Success Center always stand ready to support your partnership. READY TO GET STARTED? Email success@uwyo.edu
14 | COLLEGE OF BUSINESS DEAN’S REPORT
FACULTY
56
TOTAL NUMBER OF COB FACULTY
CHAIRS AND DIRECTORS ENDOWED CHAIRS
DEPARTMENT CHAIRS
Todd Cherry John S. Bugas Professor of Economics
Nicole Choi Associate Professor of Finance and Interim Chair of Accounting & Finance Department
Eric Johnson Clara R. Toppan Professor in Accounting Patrick Kreiser Rile Endowed Chair of Entrepreneurship and Leadership Mark Leach Mendicino Family Chair in Sales and Salesmanship
38 18
Charles Mason H.A. “Dave” True, Jr. Professor of Petroleum and Natural Gas Economics
TENURE TRACK AND TENURED
Ali Nejadmalayeri John A. Guthrie Endowed Chair in Banking and Financial Services
ACADEMIC PROFESSIONAL LECTURERS
Kent Noble Bill Daniels Chair of Business Ethics Linda Price Dick & Maggie Scarlett Chair in Business Administration and Professor of Marketing Jason Shogren Stroock Chair of Natural Resource Conservation and Management and Professor of Economics
16 | COLLEGE OF BUSINESS DEAN’S REPORT
Ronn Smith Chair of Management & Marketing Department and Interim Associate Dean David Aadland Associate Professor of Economics and Chair of Economics Department
NAMED PROFESSORSHIPS H. Jo Albers Wyoming Excellence Chair in Conservation Economics
ALUMNI FACTS CONGRATS & WELCOME to all the new COB graduates joining the alumni family!
13,746 TOTAL ALUMNI
UW College of Business Alumni are found in
44 COUNTRIES,
314
88
2
UNDERGRADUATE DEGREES
GRADUATE DEGREES
DOCTORAL DEGREES *2019-2020 data.
including Norway.
298 24
256 172 171
5,360
173
9
125 78
215
152 2,572
553 455
91 85
86 555
69
18
65
81
231
46
94
77 10
26
138 107
57 38 21
17
59 81
283
19
51 12
35
89 225
37 19 57 59 17
5
10 42
Norway
130 College of Business alumni live outside the U.S.
For more information about the University of Wyoming Alumni Association, visit www.uwyo.edu/alumni
COLLEGE OF BUSINESS DEAN’S REPORT | 17
COLLEGE OF BUSINESS MAJORS
• Accounting • Business Administration (online) • Business Economics • Economics • Finance • Management • Marketing
COLLEGE OF BUSINESS MINORS
• • • • • • • • • • •
COLLEGE OF BUSINESS GRADUATE PROGRAMS
• Master of Business Administration • Master of Bus Admin–Dual Degree Options • Master of Bus Admin-Finance • Master of Bus Admin-Executive (online) • Master of Bus Admin-Executive Energy Concentration (online) • Masters in Accounting • Masters in Economics • Masters in Finance • PhD in Economics • PhD in Marketing
Accounting Banking and Financial Services Decision Science Data Analytics* Economics Entrepreneurship (only non-business majors)* Finance Management of Human Resources* International Business Marketing Professional and Technical Selling*
BUSINESS ADVISORY BOARD CHAIR: Dave Emery Retired Chairman and CEO, Black Hills Corporation VICE CHAIR: Tori Campbell President, Mizzen Energy, LLC Dave Auge President, Teton Motors, Inc. Even Brande Founder & Chairman, Handel Information Technologies Dennis Carruth President, Carruth Properties Company Greg Dyekman Attorney/Partner, Long, Reimer, Winegar, Beppler, LLP Joan Evans First Vice President, George K. Baum & Company Stig Hallingbye Senior Vice President, Security First Bank Kyle Hultquist Vice President, Marketing & Communications, Standard Aero Heath Hunter CFO, Warbonnett Construction Peter Johnson President, Sinclair Oil Don Kany President, KARKCO, LLC Scott Macdonald CFO, Starz Brandy Marrou CPA & Partner, McGee, Hearne, & Paiz, LLP
Ann Nelson Wyoming Market President, Western States Bank Scott Nolan Business Department Head, Casper College Mike Peck Vice President, First Interstate Bank Todd Peterson Regional President & CEO, Pinnacle Bank Rick Reimann CPA & Partner, Lenhart, Mason & Associates, LLC James Rinehart Real Estate Broker, Mason & Morse Ranch Company Kevin Rochlitz Chief Sales Officer, Corporate Sales & Business Development, Baltimore Ravens Pam Ruehle Senior Executive (ret.), Accenture Bill Scarlett Managing Director, Popo Agie Capital, LLC Diane Shober Executive Director, Wyoming Office of Tourism Tom Tait CEO, Tait & Associates Inc./Tait Environmental Services, Inc. Diemer True Partner, Diamond Companies Sean Valentine President, Western Wyoming Beverages, Inc. Jim Willms Management Consultant
COLLEGE OF BUSINESS DEAN’S REPORT | 19
uwyo.edu/business business@uwyo.edu | (307) 766-4194