2014-2015 Dean's Report

VILLANOVA SCHOOL OF BUSINESS

DEAN’S REPORT 2014-2015

VSB SEEKS TO DEVELOP BUSINESS LEADERS FOR A BETTER WORLD.® We do this through the promotion of academic excellence; a focus on building a strong community of faculty, staff, students and alumni; opportunities for students to serve others; and services and programs that provide a student experience like no other.

I’ve thoroughly enjoyed my three years as The Helen and William O’Toole Dean of VSB and I’m proud of all we’ve accomplished. Please review the following pages for highlights of the 2014-2015 academic year.

As I transition into my new role as University Provost, I know that the school is in good hands with Interim Dean Daniel Wright. I appreciate your support and dedication to VSB, and I look forward to our continued work together.

Patrick G. Maggitti, PhD The Helen and William O’Toole Dean Villanova School of Business

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DEAN’S REPORT

CONTENTS 02

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HIGH-ACHIEVING STUDENTS

EXCEPTIONAL STUDENT EXPERIENCE

INVESTMENTS IN VSB

OUTREACH & ENGAGEMENT

WORLD-CLASS FACULTY

CURRICULAR INNOVATION

A WORLD OF OPPORTUNITY

RANKINGS

HIGH-ACHIEVING STUDENTS UNDERGRADUATE PROGRAM

GRADUATE AND EXECUTIVE PROGRAMS In the fall of 2014, two new online programs were launched —the online MBA program, and the Master of Science in Analytics program. All admissions decisions are made by the team to ensure the same high quality candidates are accepted into these programs as in our portfolio of graduate business programs. We’ve also increased the diversity of our graduate and executive programs both ethnically and geographically with our inaugural online class.

The high demand for a place in the Villanova School of Business is reflected by the greater than ten to one ratio of applicants to enrollment slots in VSB. This year, VSB again engaged two Dean’s Advisory Council members to reach our accepted students in a unique, impactful way. One wrote a letter to accepted students on corporate letterhead that was mailed to each student’s home address.

The other made a video congratulating the applicants.

CLASS OF 2018

VSB continues to attract exceptional students.

2014 Enrollment 50

100

168

FLEX MBA

Applicants

Enrollment

4599 410 Mid-range SAT

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Mid-range GPA

1260-1410 3.68-4.09

DEAN’S REPORT

ONLINE MBA

114

FAST MBA

71

MSA MAC MSF EMBA

150

47 32 30 28 DEAN’S REPORT

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EXCEPTIONAL STUDENT EXPERIENCE

INVESTMENTS IN VSB

CENTER FOR MARKETING AND CONSUMER INSIGHTS

FINANCE COACH An “Executive in Residence” was hired to support the

THANKS TO YOUR GENEROSITY,

VSB completed several unique learning and community

We rebranded the Center for Marketing and Public Policy

Finance Department to engage current and prospective

VSB generated a record total of contributions in 2014-2015,

spaces for this school year, including a prototype classroom,

Research to better represent the strengths of our business

Finance Department Advisory Council members, and to

highlighted by a $2 million commitment from Robert Nydick,

student study spaces and the welcoming Nydick Family

faculty and the interests of our stakeholders.

coach participants in the student-run finance societies.

PhD, professor of Management and Operations.

Commons. Community feedback to these spaces has

The Center for Marketing and Consumer Insights (CMCI) leverages the expertise of our world-class faculty and an advisory board of practitioners from leading corporations to support initiatives that foster an unmatched student experience and also improve the science and practice of marketing as it relates to the consumer experience.

EXTERNSHIPS VSB enhanced its efforts to educate freshmen and sophomores about externship/leadership programs to match employers’ increasing offerings and desire to connect with students through them. These programs are viewed by employers as “early identification” efforts and are designed to develop a

CMCI supports faculty as they develop innovative and

pipeline of internship and full-time employees. Externships

actionable insights about consumers based on cutting-edge

are short-term opportunities to educate students about

and scientifically rigorous research. The center also provides

specific companies, industries and professions.

opportunities for students to explore and discover new marketing and consumer research knowledge, as well as to prepare them to enter a competitive marketplace with both fundamental and applied proficiency.

PROFESSIONAL DEVELOPMENT The newly established Charlotte and James V. O’Donnell Center for Professional Development is designed to enhance activities and resources targeted at both undergraduate and graduate business students through purposeful integration of professional development initiatives. An official launch will occur in fall 2015.

The Nydick family’s gift represents the largest faculty donation in the history of the college, and it established the Nydick Family Analytics Fund and created the distinctive Nydick Family Commons gathering and event space.

been consistently positive, and will influence future building enhancement projects, including three additional classrooms and study rooms under renovation during summer 2015.

OUTREACH & ENGAGEMENT MEDIA AND COMMUNICATIONS

for their successes igniting change through initiatives including

GIVING BACK

The VSB Communication and Marketing Office promotes

launching their own businesses, studying and working on

VSB lives the Augustinian values of service to others through events

the scholarship and expertise of our faculty, as well as the

internships abroad, and successful service learning projects.

planned and executed by VSB’s Service Committee.

This year’s major events included “60 Seconds of Service.” On March

and over 2.5 billion media impressions. This has included

WOMEN’S PROFESSIONAL NETWORK

prestigious outlets like ABC News, Associated Press, Bloomberg

The Villanova Women’s Professional Network (VWPN) was

Businessweek, CNN, Forbes, NPR, Reuters and The Wall

formed within VSB, and now includes steering committee

Street Journal.

members from across the University, including the College

many success stories of our students and alumni. During the past twelve months, VSB has received over 2,046 media hits

VSB’s Communication and Marketing team launched a bi-annual online parent newsletter to keep families involved and updated on VSB happenings.

The committee sponsors and supports events designed to

St. John’s Hospice, St. Agatha’s Soup Kitchen and DeSales Service

connect Villanova women and encourage their professional

Works. Volunteers also collected items across campus for recycling.

and Associated Professionals.

Children’s Hospital of Philadelphia; industry roundtables;

of the School’s nine advisory councils as well as other key contributors to the School’s and the University’s efforts to enhance its academic reputation. The keynote speaker was Tom Klein, CEO of Sabre, who discussed global innovation. Among other panels and speakers, students and faculty were highlighted

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the fourth annual Day of Service by making and delivering meals to

include a lecture by Madeline Bell, President and CEO of

together more than 200 high-level executives who are members

DEAN’S REPORT

the Cathedral Pantry at the Oblates of St. Francis DeSales in Camden.

and the College of Nursing as well as alumnae and students.

brochure, from the College and University Public Relations

with the theme “Innovating for Global Success.” It brought

inspirational notes in each lunchbox. Nearly 500 lunches were sent to

On May 9, 70 VSB employees and family members participated in

growth and development. Some highlights from the past year

In October, VSB held its fifth annual Business Leaders Forum

to put together boxed lunches for the homeless and included personal,

of Liberal Arts and Sciences, the College of Engineering

VSB won a CUPPIE award for Inspiring Minds, our faculty

BUSINESS LEADER’S FORUM

25, VSB faculty, staff and students participated in a flash service event

a Work Smart Workshop to teach women about salary negotiation; and several networking opportunities.

WORLD-CLASS FACULTY VSB was successful this year in recruiting three new full-time faculty.

Recruiting and retaining top teacher-scholars.

VSB continues to recognize the importance of quality teaching by annually providing outstanding teaching awards to the faculty.

SUTIRTHA BAGCHI, PHD

Dr. Bagchi joined the Economics department. He earned a B.Tech from the Indian Institute of Technology (IIT), an MBA in Business Administration from Purdue University’s Krannert School of Management and completed his PhD in Business Economics at the University of Michigan’s Stephen M. Ross School of Business. His fields of study include public finance, political economy, labor economics and regulation, and he previously served in the Business Economics department at the University of Michigan.

RABIH MOUSSAWI, PHD

Dr. Moussawi accepted a position with the Finance department. He earned his bachelor’s degree­ —with distinction—and master’s degree in economics from American University of Beirut, and his doctorate in finance from The University of Texas at Dallas. His research interests include institutional investors, hedge funds, quantitative investment, financial reporting and corporate governance. Previously, he served as a researcher at Barclays Global Investors (now BlackRock), and taught corporate finance at the University of Texas at Dallas.

BETH ELLEN VALLEN, PHD

Dr. Vallen joined the Marketing and Business Law department. She earned her BS in Marketing from Lehigh University’s College of Business and Economics, and received her MBA and PhD from the City University of New York’s Baruch College. She is a recognized scholar and has a reputation as an excellent teacher. She most recently served as an Assistant Professor of Marketing at Fordham University. She specializes in Consumer Behavior with a focus on health-related decision making.

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DEAN’S REPORT

PATTY DORRIS-CRENNY, instructor, Accountancy & Information Systems, was honored with VSB’s Dougherty Award, which is presented annually to a faculty member in the Villanova School of Business in recognition of his or her superior accomplishment in teaching.

QUINETTA ROBERSON, PHD, professor, Management, received the Daniel J. O’Mara Faculty Award for excellence in teaching at the graduate level.

JIM JABLONSKI, instructor, Finance, was this year’s recipient of the William J. O’Neill Faculty Award, which is given to an exceptional adjunct faculty member.

WARD UTTER, instructor, Management & Operations, received the Thomas J. Carmody Jr. Faculty Award, given to a faculty member who is exceptional at transitioning theory to practice in the classroom.

CURRICULAR INNOVATION This year we launched the following innovative learning opportunities: BACKPACK-TO-BRIEFCASE In 2011, the Backpack-to-Briefcase program, designed to prepare students for success and leadership in business, was approved. This program features curricular elements in all four years. During the 2014-2015 academic year, the junior year Backpack-to-Briefcase requirement was offered for the first time—The Bartley briefCASE Challenge. Students were

CENTER OF BUSINESS ANALYTICS (CBA)

and distance learning. The admissions standards for the

for the next two years, significantly increasing enrollment

online MBA mirror those for our campus-based program, and

and awareness in this unique degree program. Additionally,

With the rise in importance of analytics, the CBA

those for the online MSA are similar in nature to our other

the CCMBE will provide online and in-person education to

continues to innovate, which allows VSB to be a leader

specialized master’s programs, upholding our current practice

students in the International School of Pastoral Management

in analytics education.

and reputation for admitting high-caliber students.

at the Pontifical Lateran University in Rome. Our faculty will

This past year we launched:

We have MBA and MSA students from twenty-plus different

• Master of Science in Analytics

states. This expanded geographic reach will significantly

• MBA specialization in Analytics

contribute to attracting a diverse student population and

• Business Analytics Minor

enhance peer-to-peer learning in both programs.

randomly placed in teams for the case competition, and

ONLINE GRADUATE PROGRAMS

alumni and friends of Villanova served as the judges. Each

This year VSB launched two new graduate degree programs

student wrote an executive summary after the competition

—an online MBA option and a Master of Science in Analytics

and assessed their team members.

(MSA) online program.

BLOOMBERG CERTIFICATION

The creation of these programs directly supports the Villanova

Beginning with the class of 2018, all VSB students

University Strategic Plan imperative to pursue excellence in

(including Business Minors and transfer students) are

graduate education through innovative program development

also teach a one-week summer program for second-year students in this program here at Villanova.

FINANCE RESEARCH SCHOLARS

required to attain Bloomberg Certification during their first

Finance Research Scholars Training (FiRST) was launched

year. This requirement is now part of VSB 1000 Information

to provide freshmen and sophomores the opportunity to

Technology, an online, one-credit course currently required

become a Finance Research Associate. Students in the

of all VSB students. We are the first school in the nation to require the certification.

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VSB continues to anticipate changing business and pedagogical trends.

DEAN’S REPORT

THE CENTER FOR CHURCH MANAGEMENT AND BUSINESS ETHICS (CCMBE)

program work five to ten hours per week during the fall

The CCMBE secured a partnership with the Archdiocese

possible letters of recommendation, and ways to enhance

of New York (ADNY) to offer the Master of Science in

and differentiate their college experience. Further funding

Church Management program to ADNY parishioners.

for the program is being pursued.

The ADNY will matriculate up to 50 participants per year

and spring semesters with a finance professor to assist with research. Students gain experience and research skills,

DEAN’S REPORT

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A WORLD OF OPPORTUNITY

99% MEDIAN BASE SALARY

RANKINGS

BLOOMBERG BUSINESSWEEK

OF JOB-SEEKING STUDENTS SECURED FULL-TIME EMPLOYMENT WITHIN SIX MONTHS OF GRADUATION.

*MOST RECENT NATIONAL RANKING AVAILABLE

#24

$57,000 $5,000

90%

62%

OF THE 2013 VSB GRADUATING CLASS STUDIED ABROAD AT LEAST ONCE

UNDERGRAD BUSINESS SCHOOL

IN THE NATION

#12

MEDIAN SIGNING BONUS

OF STUDENTS PARTICIPATE IN AT LEAST ONE INTERNSHIP OR CoOP

VSB’s academic programs have received national recognition for excellence.

#19

#6

ACADEMIC

QUALITY PART-TIME

MBA PROGRAM IN THE NATION

U.S. NEWS & WORLD REPORT

ONLINE GRADUATE PROGRAM

IN THE NATION

#4

STUDENT SERVICES & TECHNOLOGY

#8

STUDENT ENGAGEMENT

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