Focus On Academic Innovation Develop and implement a BS in Finance

Focus on Academic Innovation

Develop and implement a BS in Finance

Evidence from alums, students, donors, and firms all point to considerable interest and demand for expanding our students’ knowledge and skills in finance; additionally, the current minor is well enrolled. Initial conversations with stakeholder groups and faculty in the Department of Economics and Finance precipitated an examination of feasibility and resource needs associated with a degree program. The program was approved by the Board of Regents and goes into effect in Fall 2022.

Action Steps 1

Develop proposal for internal governance review and Board of Regents approval

Champions: Chair, Associate Dean, Dean, Associate Provost Goals/Target Dates: Achieve approval for Fall 2022 with BOR review in Spring 2022 Resource Needs: $150,000 (faculty position inclusive of benefits)

2

Announcement and promotion-related tasks

Champions: Chair, Associate Dean, Admissions, Academic Advising Goals/Target Dates: Summer 2022 – Online presence; admissions materials Fall 2022 – conduct information sessions for current students Spring 2023 – Purchase stock ticker (naming opportunity) Key Performance Indicators: Number of students indicating interest and new majors Course enrollments and number of engaged donors Resource Needs: $750 for promotional materials and $25,000 for stock ticker

3

4 Action Steps

Secure technology to support student learning and program

Champion: Chair

Goals/Target Dates: Craft donor proposal for a Bloomberg Terminal by Fiscal Year 2023 Key Performance Indicators: Number of engaged donors Resource Needs: $25,000 annually for Bloomberg Terminal

Monitor enrollment growth and capacity

Champions: Chair, Associate Dean Goals/Target Dates: Craft donor proposal for a Bloomberg Terminal by Fiscal Year 2023 Key Performance Indicators: Number of students indicating interest Number of new majors; course enrollments Resource Needs: Existing resources will likely be sufficient to address growth projections; a major, unanticipated influx of students may lead to need for faculty line redirection and/or use of parttime faculty to deliver curriculum