PURPOSE
Credible. Trustworthy. Servant. Creative. Purposeful.
“And David shepherded them with integrity of the heart; with skillful hands he led them.” –PSALM 78:72
THREE PILLARS of Lipscomb University College of Business Lipscomb University College of Business provides the “skill of the hand” necessary for business graduates to be successful with the distinction of also having “integrity of the heart.” We believe every student’s potential is God-given and their life vocation is a calling, whether it be with a global corporation or a local, missional, entrepreneurial start-up. The College of Business helps students find their PURPOSE and to understand the potential of business to be a positive voice in today’s world through the integration of faith and solid business practices, as well as professional immersion opportunities with a global perspective.
The College of Business instills the skills of PRACTICE through a collaborative learning environment which engages students and faculty in forward-thinking professional education evidenced by a strategic portfolio of facultydirected applied research, teaching excellence and academic and co-curricular programs that equip students for success.
The College of Business cultivates PARTNERS to increase engagement, provide greater opportunities and allow our students to reach new levels of excellence through faculty research and collaboration with other colleges and the community and world around us.
business.lipscomb.edu
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PURPOSE
A Message from the Dean
Every day at Lipscomb ‘starts with why’ This inaugural annual report represents the accomplishments of a strong team of dedicated staff and faculty who serve students, understand business and love God. The College of Business is on a great trajectory to expand its national leadership in Christian business education. In the following pages, you will see examples of what the College of Business is accomplishing, and we are especially proud of how students and our team are doing it—with a focus on our three pillars of purpose, practice and our partners. I want our constituents to know that we also seek daily to answer these questions: Why do we accomplish what we do? Why such high standards? Why such hard work?
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The Dean’s Report | 2018
The response may be similar to what Simon Sinek writes in his classic book Start with Why: “Because the work we’re doing now is better than the work we were doing six months ago. And the work we’ll be doing six months from now will be better than the work we’re doing today. Because we wake up every day with a sense of WHY we come to work. We come to work to inspire people to do the things that inspire them.” I find that very inspiring and I hope you will, too.
Ray Eldridge Dean, College of Business
A Message from the President for the College of Business, it will be used to help fund new facilities for the college and to support business programs, faculty, and students, among other initiatives. The business school, which celebrated its centennial last year, has been named the top undergraduate business program in Tennessee the past three years by Bloomberg BusinessWeek and Poets&Quants, while its MBA program was ranked second in the state by Bloomberg in 2015.
Lipscomb University’s College of Business prepares students with an academic foundation enhanced by analytical, adaptable and global thinking along with character and work ethic of well-rounded leaders. With a long-standing reputation as a leader in Christian business education, the College of Business is an important resource for employers, community leaders and others seeking business-world ready employees with a firm moral compass. An experienced leader in higher education and a career U.S. Army officer who served throughout the United States and on numerous worldwide deployments, College of Business Dean Ray Eldridge emphasizes a student’s ability to navigate the dynamism of today’s global and technological business world. Students learn from experienced faculty in the classroom and technology platforms like the Financial Markets Lab, powered by Bloomberg, to better prepare for the global job market. Engaging with top executives serving on multiple boards and with one-on-one mentorships, internship experiences and global mission trip opportunities, students are ready for whatever lies ahead. In 2018, Lipscomb University received a $23 million gift commitment, its largest gift in institution history. As a lead gift for the capital campaign
The College of Business is positioned with strong fundamentals and bold vision to satisfy the needs of students today and the job market of tomorrow. I hope you will be inspired by this next generation of Lipscomb students who are honing their skills to move into professional leadership roles.
L. Randolph Lowry President, Lipscomb University
business.lipscomb.edu
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PARTNER COM M UN I TY I N VO LV EM ENT
$23 million gift leads investment for College of Business vision
The College of Business was the beneficiary of the largest gift in Lipscomb University history, a $23 million gift announced at Imagine 2018. The gift has been made by donors who wish to remain anonymous. It is a lead gift for the college, which celebrated 100 years of business education in the 20172018 academic year. The gift will be used to help fund new facilities for the College of Business; a parking structure; global learning facilities in Florence, Italy; and to support business programs, faculty and students; among other initiatives. “This is a significant moment in the history of Lipscomb University,” said Lipscomb President L. Randolph Lowry. “We are grateful to these donors for their commitment to this institution. This gift is an investment in our College of Business as a way to continue to elevate the image of the school as a leader in business education in Nashville and in the nation.” Lipscomb’s College of Business is one of the fastest growing in the university, with more than 600 undergraduate and graduate students and 16 undergraduate and four graduate programs, touting a 97 percent overall job placement rate for undergraduates in 2017-2018 and thousands of alumni around the world. It has been recognized nationally as a leader in business education.
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The Dean’s Report | 2018
“The College of Business continues to earn national accolades, and this incredibly generous gift helps us to build on our strong momentum,” said Ray Eldridge, dean of Lipscomb’s College of Business. “It is exciting for our students and faculty to see how many people believe in our mission, and it also attracts attention from others who want to be part of what we’re doing.”
A LUM NI
Alumni Campaign, Day of Giving raises more than $160,000 In honor of the Lipscomb College of Business centennial year, the 2017 Alumni Board initiated a fundraising effort to give back to the institution which helped create the foundation for their own career paths. The effort was named CHARGE!FORWARD in honor of the Lipscomb Bisons and the future-driven focus of the College of Business.
Business students see the impact of this gift reaching for generations into the future. “They’re investing into the students of tomorrow,” said student Hillary Reader, a business major. “They may be the students who make the new Amazons, the new Googles, the new Apples of the world. That’s all we can ask for—to keep getting better as students because those are the ones who transition to be the business leaders of tomorrow.” “We are thrilled about the impact that this gift, the largest in university history, will have in the lives of our students and in the community that we serve for generations to come,” said John Lowry, senior vice president for advancement. “These generous donors are very humble people who desire that the glory go to God, and they are passionate about advancing the mission of Lipscomb University. This is an inspiration for us moving forward with generosity and service.”
The 2017 CHARGE!FORWARD campaign focused its support toward the program-related costs associated with the college’s new Financial Markets Lab, powered by Bloomberg. The 2018 campaign focused on the new Business as Mission Fellows program, that develops mission-minded business leaders through their studies and global experiences. Through a crowdfunding platform and the use of social media, College of Business alumni reached out to fellow alumni sharing the news of the CHARGE!FORWARD campaigns. Additional support came from business faculty and staff who communicated directly with alumni and shared the opportunity to get involved. Both campaigns were a great success with more than $93,000 raised in less than 18 months. So far in 2019, the campaign maximized the inaugural university-wide Annual Day of Giving in March, receiving $63,000 from more than 250 investors as well as receiving an additional $10,000 gift for becoming the college to end the Day of Giving with the most investors. The College of Business is deeply grateful to its Alumni Board for its initiative, creativity and dedication. Their efforts in CHARGE!FORWARD are part of a strong foundation in the building of the next 100 years for the College of Business.
business.lipscomb.edu
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PARTNER L I P S C OM B LEA D S
Major gift creates Graduate School of Business
In January 2019 the College of Business was the recipient of a lead gift in LipscombLEADS, the most ambitious fundraising campaign in the university’s 128-year history with the goal to invest $250 million in the university in the next three years. At the on-campus launch of the public phase of the LipscombLEADS campaign, Eldridge and the Lipscomb President L. Randolph Lowry announced a gift from Phil and Pam Pfeffer, to fund the establishment of the Pfeffer School of Graduate Business. Phil Pfeffer, president and CEO of Treemont Capital Inc. and former chairman of the board and CEO of Ingram Distribution Group Inc., serves as an adjunct graduate business professor and CEO-in-residence at Lipscomb. Pam Pfeffer is a former college math professor and banker at Third National Bank. She was the first woman in Nashville to be in a bank’s management training program and to become a lending officer.
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The Dean’s Report | 2018
Phil Pfeffer teaches MBA classes drawing on his extensive business experience and bringing that experience directly to the MBA students both in the classroom and on global travel courses. “Phil is one of the most well-respected businessmen and entrepreneurs in Nashville. He has led some of Nashville’s most successful companies and is still involved with cutting-edge business ventures. He is an inspirational role model for our students. Being able to spend time with someone of the caliber of Phil is a rare opportunity for any aspiring young business leader,” said Ray Eldridge, dean of Lipscomb’s College of Business. “Phil and Pam Pfeffer are not just investors in our College of Business, but they are a part of our college as a family. The College of Business’ mission is to develop business leaders to embrace the values and virtues of Jesus, and Pam and Phil, that is exactly who you are,” Eldridge said. “Pam and I have been impressed by the caliber and character of Lipscomb students. There is something about them—their desire to be successful and their work ethic. Lipscomb students really stand out,” said Pfeffer, who, in 2011, was the recipient of the Lipscomb Center for Entrepreneurship’s inaugural “Entrepreneur of the Year” Award.
2018 TOTA L N U M B E R O F D O N O R S
348
237%
GROWTH SINCE 2015
TOTA L G I F T S R A I S E D
$14.4
MILLION
1,622%
TOTA L N U M B E R O F G I F T S
536 191%
GROWTH SINCE 2015
GROWTH SINCE 2015
“I learned more about being a leader in a week by watching Phil than I have in years of study. His genuine concern and encouragement for each of us was inspiring. He was always interested in getting to know us better and finding ways to serve and support us.” – M AT T F O R S T H O F F, M B A S T U D E N T W H O AT T E N D E D AN ISRAEL TRIP LED BY PHIL PFEFFER business.lipscomb.edu
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PRACTICE ACA D E M I C ADVANC EMENTS
Master of Health Administration launched
Lipscomb’s College of Business announced Nashville’s first Master of Health Administration program in October 2018. The MHA degree is considered by national accrediting organizations and industry professionals as the gold standard for preparing mid-careerists who want to build a successful career in health care leadership. Students in this program will spend time immersed in health care organizations, visiting leaders across the health care continuum in their environments and expanding the traditional borders of the classroom. The MHA program is designed with a curriculum that is intentionally integrated, interactive and immersive, and designed to meet the growing workforce needs in the health care industry in Nashville and nationwide. The College of Business developed the new MHA program, under the leadership of Assistant Dean Bart Liddle (’94), after collaborating with an executive advisory board for nearly two years to develop Lipscomb’s existing Master of Management in health care program. Liddle came to Lipscomb after serving for more than 15 years as an information technology, financial and operations leader in the health care industry and holds a doctorate in health services administration from the University of Alabama-Birmingham.
ACA D EM IC A DVA NCEM E N TS
Center for Analytics & Informatics established
The integration of analytics and informatics is growing in importance in a variety of industries and fields, and Lipscomb’s College of Business is meeting that demand by launching a new Center for Analytics & Informatics. The center integrates the study of data analytics within various academic programs to better equip the next generation of data-driven professionals in any industry or career field. Housed in the business college, the center is a collaboration with Lipscomb’s College of Computing & Technology and College of Pharmacy & Health Sciences. The Center for Analytics & Informatics is a center of expertise for data analytics knowledge creation, aggregation and assimilation in academic and practitioner settings through interdisciplinary partnership. The goal is to coordinate the deep integration of analytics into curriculum across the university, enabling the next generation of datadriven workers in any context. The center is directed by Jacob Arthur (BS ’08, MAcc ’08) assistant professor of information security and analytics at Lipscomb. Arthur, a Lipscomb University and Lipscomb Academy graduate, also serves as the partner over security and technology services for Formos Consulting, giving him a unique industry-centric view into how analytics are applied and used. His work has centered on the use of analytics to improve security and technology, and he has a passion for the integration of technology and business in all forms.
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The Dean’s Report | 2018
ALUM N I S P OTL I G H T
Lamont awarded for promoting women in technology
Marla Lamont, (MBA ’15), not only used her Lipscomb MBA to move up the leadership ranks at HCA Healthcare’s talent acquisition department, but she also was recognized in 2018 as one of the local leaders “making Nashville the destination for creative and innovative technology and contributing to Middle Tennessee’s growth and prosperity,” according to Brian Moyer, president and CEO of the Nashville Technology Council. Lamont, manager of talent acquisition at HCA Healthcare in Nashville since February 2018, was awarded the 2018 Community Leaders of the Year Award from the Nashville Technology Council for her work as the current president of the board of directors for Women in Technology of Tennessee, a nonprofit organization she has worked with since 2011. “We want to revolutionize the experience of women in tech and establish a new standard of inclusion for tech culture and leadership,” said Lamont of the group. “It is so important to reach girls at a young age to get them interested in tech and we are focusing on outreach programs for STEM initiatives and coding clubs, among other things, in the middle school and high school arena.” Lamont began her work with technology in her previous career in the telecommunications industry, she said. She started her talent acquisition career by recruiting IT talent. Once that career was cemented, she wanted to grow and become more involved in talent acquisition strategy. Lipscomb’s MBA program was designed for working adults and included an HR strategy concentration that she believed would strengthen her professionally. “I believe getting my MBA allowed me to be promoted into a leadership position within my organization,” she said. “I learned business acumen, how to read financial statements, how to be an effective leader, and how to be more confident with presentations and interactions with senior leadership.”
TOP OF CLASS! People across the nation are talking about Lipscomb College of Business’ nationally ranked programs:
#1
TATEE IINN TTHHEE SSTAT
TOP 100 ATIIO ONN IINN TTHHEE NNAT
U N D E R G R A D UAT E P R I VAT E B U S I N E S S PROGRAM (2018) POETS & QUANTS
#2
I N T H E S TAT E B E ST C O L L E G E F O R F I N A N C E A N D AC C O U N T I N G ( 2 0 1 9 )
NICHE BEST COLLEGES business.lipscomb.edu
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PRACTICE THE COLLEGE OF BUSINESS GROWS IN STUDENTS AND SCOPE A fast-growing business school with 687 students
502 Graduate: 185
Undergraduate:
Gender
: 56%
: 44%
Ethnicity 5% Asian 8% Black 7% Hispanic 77% White 3% Other/Unspecified
Bachelor’s Degrees Awarded in 2018:
GRADUATE ENROLLMENT BY PROGRAM
128
Graduate Degrees Awarded in 2018:
104
UNDERGRADUATE ENROLLMENT BY MAJOR
77% Master of Business Administration 10% Master of Management 11% Master of Accountancy 2% Certificate of Accountancy
44% Management 21% Accounting 20% Marketing 15% Finance
UNDERGRADUATE ENROLLMENT BY CONCENTRATION 101 Accounting Majors 95% BBA Accounting, 5% CAP
71 Finance Majors 96% Finance, 3% Financial Management, 1% Financial Markets
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The Dean’s Report | 2018
98 Marketing Majors 52% Corporate, 21% Entrepreneurship , 16% New Media, 8% Professional Sales, 3% Graphic Arts
210 Management Majors 41% Corporate Management, 39% Entrepreneurship, 12% International Business, 5% HR Management, 2% Supply Chain Management, 1% Social Entrepreneurship
ALUM N I S P OTL I G H T
International student, tennis captain becomes a leader at Lipscomb Thabile Tshatedi, from Harare, Zimbabwe, earned her human resources bachelor’s degree in May 2019 at Lipscomb, where she also learned to be diligent, focused and mentally tough, not just in the classroom, but in daily life on campus, on the tennis courts and in the local business community as well.
As an international student, studying an ocean away from her home in Africa, Tshatedi had to “mature very quickly” as she dealt with many life happenings completely on her own, she said. “I am definitely leaving (Lipscomb) a better person and more equipped to take on whatever the world has to offer.” As an NCAA athlete and two-year captain of the tennis team, Tshatedi learned “how to be mentally tough, persevere and how to figure out a way to win,” she said. The life of a student-athlete sharpened her time management skills and taught her the value of being prepared by working ahead in her studies. She learned her lessons well as she was twice selected for the Intercollegiate Tennis Association’s All-Academic Team in 2017 and 2018. As the president of Lipscomb’s student chapter of the Society for Human Resource Management, Tshatedi learned how to deal with people from varying backgrounds and how to be an effective communicator, as she worked to arrange visits to campus by local professional human resource professionals and visits by students to local human resources companies. The most valuable business lesson she learned at Lipscomb, she said, is that “business is not all about money or profit; it’s about adding value to customers lives. When you add value to customers’ lives, the profit will follow.”
TOP OF CLASS!
#1
I N T H E S TAT E
TOP 60 I N T H E N AT I O N
U N D E R G R A D U AT E BUSINESS PROGRAM (2017) POETS & QUANTS
#1 #2
I N T H E S TAT E
I N T H E N AT I O N CHRISTIAN ACCOUNTING PROGRAMS (2017)
C H R I ST I A N UNIVERSITIES ONLINE
business.lipscomb.edu
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PRACTICE
“Lipscomb University students are exceptionally prepared both technically and socially for today’s accounting environment.” – W A R D A U S T I N , TA X PA R T N E R , F M C
ACA D EM IC A DVA NCEME N TS
#1
I N T H E S TAT E
TOP 10% I N T H E N AT I O N
ACCOUNTING PROGRAM (2019)
C O L L E G E FACT U A L
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The Dean’s Report | 2018
Accredited accounting program recognized nationally
Lipscomb’s accounting program, which was among the first in the nation to achieve specialized accreditation from the Accreditation Council for Business Schools and Programs, was recognized nationally during 2018. The program was ranked the top program in Tennessee and among the top 10 percent in the nation in the 2019 College Factual rankings. It is the second year Lipscomb’s accounting program has been named the top program in Tennessee. The accounting program was also ranked 14th in the nation and No. 1 in the state of Tennessee for the second consecutive year for Best Accounting Programs for Veterans. Among the data College Factual considers in its annual rankings are graduation rates, salaries of graduates and student loan default rates in addition to other information. For the last three years, 100 percent of Lipscomb’s accounting graduates have been placed in employment or in a graduate program within six months of graduation.
ALUM N I S P OTL I G H T
Finance alumnus plays with Kelly Clarkson across the nation
Glenn Hill (’17), a trombonist from Memphis, says he was prepared for both the business and the artistic sides of life during his years at Lipscomb. The finance graduate had just completed his BBA when he got a call that would blast his musical career forward at full speed. Thanks to a reference from one of his Lipscomb music professors, Hill was given the chance to audition for Kelly Clarkson’s band before it went out on a 2017 promotional tour for her album Meaning of Life, and he’s been playing with her band ever since. Throughout 2017, Hill performed with the band on various television broadcasts such as “Today Show,” “Ellen,” “The Tonight Show Starring Jimmy Fallon,” “The Voice,” the “American Music Awards,” “Dick Clark’s New Year’s Rockin’ Eve” and more. The tour extended into 2018 when the band played the Billboard Music Awards and various private events. Beginning in January 2019, Kelly Clarkson began her national arena tour for Meaning of Life, so Hill is now touring the country from Staples Arena in Los Angeles to Detroit, Chicago, St. Louis and even Nashville in March. Hill played in various musical ensembles at Lipscomb as well as making his own music and playing in bands around town during his college years. At the same time he earned his bachelor’s degree, which he says is proving valuable in navigating the music business, which can often be tumultuous. Hill’s BBA and finance skills will come in handy as he pursues his dream to someday produce his own music and artists. Until that time, Hill is pursuing his music career while the gigs continue coming his way.
TOP OF CLASS!
#1 #26 I N T H E S TAT E
I N T H E N AT I O N BACHELOR’S HUMAN RESOURCE DEGREE
#2 #36 I N T H E S TAT E
I N T H E N AT I O N I N T E R N AT I O N A L B U S I N E S S DEGREE
TOP 50
I N T H E N AT I O N MARKETING PROGRAM C O LLEG E C H O I C E (2 01 7)
business.lipscomb.edu
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PRACTICE ACA D EM IC A DVA NCEM E N TS
Kittrell Pitch Competition awards students $15,000 The Kittrell Pitch Competition provides students of any major the opportunity to pitch their big business ideas for a chance to win a $10,000 grand prize. This competition prepares and qualifies students for national pitch competitions. Awards for the competition are made possible by contributions from alumnus and board of trustees member Marty Kittrell (’77) in honor of his father, William B. Kittrell (’41). Since its inception in 2014, the Kittrell Pitch Competition has awarded more than $65,000 to students. In 2019, awards were given to:
First Place $10,000:
ACA D E M I C ADVANC EMENTS
New visionary hired to lead Center for Entrepreneurship
Jeff Cohu, an experienced management consultant, entrepreneur and educator who served for many years on the management faculty of the Broad College of Business at Michigan State University, became the new director of the Center for Entrepreneurship this past fall. “My goal is to build a smaller-scale version of what we built at Michigan State but in the context of our Christian mission,” Cohu said. “This would also eventually include resources to serve our alumni in entrepreneurial efforts, become a resource for high school entrepreneurship programs and include a heavy focus on social entrepreneurship and reaching underserved communities.” He has broken down his big-picture ideas into simple strategic goals: to shift the program’s emphasis from a curricular focus to a co-curricular focus and to expand to become a university-wide program housed in the College of Business but involving students from all academic programs. Read more about Jeff Cohu on page 24.
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The Dean’s Report | 2018
Mallory Grant and Kaitlin Stanfield Grant and Stanfield, third-place winners in 2018, pitched Skip Cosmetics, a novel idea for compact and efficient cosmetic storage on the go.
Second Place $3,000:
Jeremy Beeman Beeman pitched an idea for VRSM, a product that protects the users of virtual reality games within their real-world surroundings.
Third Place $2,000:
Carter Galbreath and Lucas Eytchison Galbreath and Eytchison pitched an idea for brokeboys, an online and pop-up shop retailer selling vintage clothes and shoes.
ALUM N I S P OTL I G H T
2018 graduate recognized nationally for strong pitches
Hannah Kraebel (’18) became the first College of Business student to win first place in a national business plan pitch competition at the Southeastern Entrepreneurship Competition in February 2018. She was also one of 20 women selected nationally to attend the Women’s Business Enterprise National Council meeting, where she competed in a pitch competition and was mentored by a Fortune 500 female CEO. Kraebel used the money she won in various pitch competitions to develop and promote her own product: Kapped. The idea for the airtight silicone lid for mugs came from the former Hong Kong resident’s own travels and love for unique mug designs. “I have collected mugs from all these places… but I can’t take them anywhere and show them to people because they aren’t portable,” she said. “It’s one of the best ways to bootstrap a start-up: win money. I would love for that to be the perception of pitching,” said Kraebel.
TOP OF CLASS!
#1
I N T H E S TAT E
TOP 100 I N T H E N AT I O N
U N D E R G R A D U AT E BUSINESS PROGRAM (2016)
#2
I N T H E S TAT E
TOP 50 I N T H E N AT I O N
PA R T-T I M E M B A P R O G R A M (2015)
B LO O M B E R G / BUSINESSWEEK
business.lipscomb.edu
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PRACTICE ACA D E M I C ADVANC EMENTS
In all 17 categories, Lipscomb seniors outscored seniors from Association to Advance Collegiate Schools of Business-accredited schools; Accreditation Council for Business Schools and Programs-accredited schools and ACBSP Region 3 Southeastern Council schools.
Students lead in Peregrine results
In 2018, College of Business seniors outperformed students at comparable business schools in almost every category of the Peregrine Academic Services exam. The Peregrine exam is used as a benchmark to measure learning outcomes and general knowledge of business majors compared to business students in other universities nationwide. The test covers a wide range of business topics including accounting, economics, management and marketing.
At Lipscomb, Peregrine exam results recently drove a revision to the undergraduate business core curriculum. Faculty used the results to identify areas of improvement. Good performance on the exam is key to our accrediting assessment processes.
P E R E G R I N E E X A M R E S U LT S BY B U S I N E S S C O L L E G E C AT E G O R Y 80 70 60 50 40 30 20 10 0 Accounting
16
Business Ethics
Business Integration
Economics
Management
Total
Lipscomb COB
AACSB Schools
ACBSP Schools Nationwide
ACBSP Region 3 Council
The Dean’s Report | 2018
M B A G R A D U AT E S T O P OT H E R I N ST I T U T I O N S O N E X I T E X A M S C O R E S Results of graduating seniors on the 2016-17 Benchworks Part-time MBA Exit Assessment, which is given every two years.
100 90 80 70 60 50 40 30 20 10 0 Critical Thinking and Problem Solving
Ethical and Legal Responsibilities
Use and Manage Technology
Lipscomb College of Business All Institutions business.lipscomb.edu
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PRACTICE GLOBA L PER S P ECTI V E
Business as Mission
Here, we’re not afraid of using the discipline of business to engage in sustainable mission. In fact, our professors are doing just that. The Center for Business as Mission serves as a hub for students to learn at the intersection of faith, mission and commerce utilizing business as a sustainable engine to create impact. The BAM center connects students to local and global opportunities to help them develop their entrepreneurial ideas into making a difference in communities near and far. Students work together on campus to open small businesses that raise seed capital for disadvantaged entrepreneurs in others areas of the world. They gain extensive knowledge in entrepreneurship, equipping them to enter any desired industry well-prepared as a difference-maker locally and globally.
NASHVILLE, TN The center partnered with the Hispanic Family Foundation in Nashville. Two College of Business students designed and taught a six-week business accelerator course for Latino immigrants that concluded with a pitch competition in which start-up capital prizes were awarded.
The Center for BAM has been involved in some capacity in serving businesses or organizations globally in 12 COUNTRIES.
GHANA
BRAZIL
MORANT BAY, JAMAICA
CABARET, HAITI
Seventeen students traveled to the poorest parish in Jamaica, the site of BAM’s inaugural global program, to work with aspiring entrepreneurs. These students were just the latest of more than 40 who have worked on the ground in Jamaica since 2015 helping to launch five start-ups. Their efforts set the stage for a May 2019 trip by seven students to create a sixth business, while also helping to strengthen the ventures already established.
Students in the Principles of Business as Mission class provided in-class consultation to Bildad Michel, the director of the Joseph School. Students helped Michel develop a business model for selling school uniforms to the community as an additional source of revenue.
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The Dean’s Report | 2018
VENICE, ITALY The center partnered with Porte Italia, a family-owned handcrafted furniture company in Venice, Italy. BAM provided consultation to help the business develop missional strategies while also helping evaluate a Nashville expansion. Students submitted proposals that were delivered directly to Porte Italia by a graduate student who made the trip to Venice to visit the company and deliver the work of the students.
MOLDOVIA
CROATIA
THAILAND
UGANDA
RWANDA
NAIROBI AND MALINDI, KENYA Five business students served for a combined total of seven months in Nairobi and Malindi using their business education to help Kenyan entrepreneurs launch businesses. In addition, BAM has conducted four week-long, business accelerator seminars through our in-country partners, the Nairobi Great Commission School and the Caris Foundation in Malindi.
business.lipscomb.edu
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PRACTICE GLOBA L P ER S P ECTI V E
Global Learning
One hundred graduate students and 31 undergraduate students traveled around the world on College of Business global learning experiences in 2018. Each of the six trips was designed to immerse students in that country’s local culture and business practices through company visits and cultural experiences. For many MBA students, their global trips are one of the most transformative parts of their entire Lipscomb experience.
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The Dean’s Report | 2018
“In today’s corporate environment, most firms have global aspects to their operations, so new hires need to understand the impacts and operations of international business to be successful in their careers. A global travel experience incorporated into a collegiate business curriculum is crucial to obtaining that understanding and applying it in the workplace,” said Alban Gousset, market procurement leader North America IMS and S&S for Philips Health Systems, a global health care manufacturer.
Israel
Students travel to six locations around the globe.
DUBLIN, IRELAND
TEL AVIV, ISRAEL
MUNICH AND BERLIN, GERMANY
Master of Accountancy students learned about global accounting practices and international taxation laws. The cohort met with the chief economist of Allied Irish Bank, to better understand the positive and negative economic implications of Brexit on the Irish economy, and with Google and Deloitte for a European perspective on blockchain technology and other technological innovations.
Fast Track MBA students saw firsthand what business practices look like in a technology hub, while learning about leadership from CEO-in-Residence Phil Pfeffer. The group visited businesses in a variety of industries including technology, health care, private equity, defense and others. They also learned about the start-up culture of Israel and took advantage of the rich biblical history in the region.
MBA students met with a number of businesses including those in banking and finance, health care, automotive and retail to explore business topics such as marketing, human resources, supply chain and import/ export issues.
SHANGHAI, CHINA
DUBAI, UAE
ESSLINGEN, GERMANY
MBA students were immersed in Chinese culture and how that culture impacts doing business in the region. Multiple businesses and organizations were visited including those in advertising, health care, finance and banking, technology and retail. In addition, students were able to volunteer at a local orphanage for an afternoon, allowing them to serve, as well as learn from, the community.
Master of Management students delved into Middle Eastern culture, learning about the people, the food and the traditions of the region. Students visited a local university, an entrepreneurial incubator, a city of the future and businesses in transportation, logistics, technology, health care and retail. Students also had the opportunity to serve lunch to the those in need at a local temple.
On the Maymester trip, undergraduate business students were immersed in German business practices and the study of global supply chains in a country that is an industry leader in the practice. Students learned from German faculty from Esslingen University of Applied Sciences, and class work was integrated with company visits, including Mercedes, BASF, SAP, Porsche, Karcher and Ritter Sport. In four weeks, students completed six hours of course credit and had the opportunity to travel throughout Europe on their free weekends.
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PRACTICE Career Connection The Career Connection office exists to serve all Lipscomb business students and alumni. The office helps students and alumni advance in their careers, through internships and assistance with job placement or career transitions. It focuses on professional development and engagement through networking events, workshops and writing assistance for resumes and cover letters as well as maintaining the College of Business’ alumni social networking platform, Lipscomb Business Connect, which launched in January 2018.
2018-19 academic year
100%
95%
Undergraduate business students placed in an internship
Career placement rate for graduates (within 6 months of graduation)
450+
300+
Alumni attendance at career Career discussion engagement events meetings with students 22
The Dean’s Report | 2018
40
1,025+
82
546
Career events hosted for Student attendance at students and alumni career engagement events
Resume discussion meetings with students
Lipscomb Business Connect members
FACULT Y AC C O M P LI S H MENTS
Scholarly Research
We take pride in providing a business education that is current and relevant. Research is critical to our mission, whether it be the creation of new knowledge, advancement of the art of teaching or development of usable business applications. Our faculty excel as speakers at conferences, editors of academic journals and originators of academic programs that have impact. Here are a few highlights from 2018: Capps, C., Touchstone, R., Eldridge, R., Borchers, A., and Smith, L. “The Evolution of a Christian Business School’s Mission—Bringing ‘Business As Mission’ to a Business School’s Mission.” Christian Business Academy Review (CBAR) 13 (2018). Duke, A., Capps, C., and Borchers, A. “Personal Gain or Community Good: When Is It Time to Pass the Torch?” Journal of Critical Incidents, 11(1) 70-72. Capps, C., Reid, B., and Smith, L. (April 2018) “Who Owns the Recipes?” Presented to the Society for Case Research annual conference, Chicago.
Ivanov, B., Parker, K. A., and Dillingham, L.L. (in press, 2018). “Testing the Limits of Inoculation-Generated Resistance.” Western Journal of Communication., doi: 10.1080/10570314.2018.1454600. Capps, C., Reid, B. D., and Smith, L. (2018). “Was ‘Gluten-Free’ a Recipe for Theft?” Journal of Critical Incidents. Ivanov, B., Dillingham, L. L., Parker, K. A., Rains, S. A., Burchett, M., and Geegan, S. (2018). “Sustainable Attitudes: Protecting Tourism with Inoculation Messages.” Annals of Tourism Research, 73, 26-34. Masterson, B. S. (2018). “Real Estate Finance Post-Tax Reform: New Markets Tax Credit, Rehabilitation Tax Credit and Qualified Opportunity Zones.” Journal of Passthrough Entities. Liddle, B., and Smith, L. (April 2018) “Tesla Had the Power All Along.” Presented to the Society for Case Research annual conference, Chicago. Mankin, J.A., Rivas, J. A., and Jewell, J. J. (2017). “Ride Sharing: A Good Choice for Entrepreneurs?” Journal of Case Studies, 35 (2), 81-87.
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PRACTICE FACULT Y AC C O M P LI S H MENTS
New Faculty
Jacob Arthur, CPA, CISSP, QSA
Rick Holaway
Assistant Professor of Information Security and Analytics; Director of the Center for Analytics & Informatics
Department Chair for Management, Entrepreneurship and Marketing; Director of the Fast Track MBA; Assistant Professor of Marketing
Arthur has been working in technology for almost 20 years and has been interested in technology for far longer. His primary interest is in utilizing technology tools to solve business problems and applying emerging technologies in interesting ways. Arthur has a bachelor’s degree and a Master of Accountancy from Lipscomb and a Ph.D. from Nova Southeastern University.
With more than 16 years of experience training and leading professional enrollment personnel, Holaway has been at Lipscomb for 20 years. His primary area of interest is higher education strategic leadership and pricing strategy. Holaway has a bachelor’s and an MBA from Lipscomb and a DBA from George Fox University.
Donita Brown
Alisa Peters, JD, CPA
Instructor of Health Care Management
Assistant Professor of Accounting
Brown’s professional experience includes stints as a director at HCA and a manager with the State of Tennessee. She is a certified digital coach and graduated from the 2013-2014 HCA IT&S Emerging Leaders Program. Brown holds a BBA degree in accounting from Austin Peay State University, an MBA from Belmont University and will soon complete a doctorate of business administration from Grand Canyon University.
Peters comes to Lipscomb from HCP Inc., a publicly traded real estate investment trust specializing in health care real estate. Alisa is a Tennessee certified public accountant in addition to maintaining a Tennessee law license, with experience in taxation, bankruptcy and creditors’ rights, and commercial real estate. Peters has a bachelor’s degree from Lipscomb and a law degree from Vanderbilt University.
Jeff Cohu, CPA (inactive), CMA, SPHR Associate Professor of Management; Director of the Center for Entrepreneurship
Cohu is an experienced educator and management consultant and comes to Lipscomb after serving many years on the management faculty of the Broad College of Business at Michigan State University. Prior to entering academics, Jeff served in numerous senior corporate leadership roles in strategic, financial and human resource management. Cohu has seven degrees, including his BBA from Harding University, his MBA from the University of Arkansas, his EdD from Eastern Michigan University and is a candidate for a PhD from the University of Southern Mississippi.
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The Dean’s Report | 2018
Natasha Johnson, instructor of management, is one of the many Lipscomb business faculty with real-world experience within corporations and in starting her own business.
FACULT Y ACCOM PL ISHME N TS
Nashville listens to Lipscomb experts
•
The Tennessean came to Allison Duke, associate dean and associate professor of management, to discuss the leadership at Nashville General Hospital.
•
Nashville’s Fox-17 (WZTV) spoke with Lindsay Dillingham, assistant professor of marketing, about companies’ challenges to find minimum wage workers during the Christmas holiday shopping season.
•
Andy Borchers, professor and associate dean of undergraduate studies, was interviewed by NewsChannel 5 and Fox-17 on various local issues including Nashville’s proposed transit plan; how the leadership change in the Nashville’s mayor’s office could impact the city’s economic development, Amazon locating in Nashville and the Nashville Cost of Living Report.
FACULT Y S P OTL I G H T
Duke named 2018 Woman of Influence Allison Duke, associate dean and associate professor of management, was named a Woman of Influence by the Nashville Business Journal. As one of 33 Women of Influence honorees, Duke was recognized at a celebration luncheon in April and was also profiled in a special edition of the Journal. The Women of Influence Awards honors women who lead and make it a priority to give back, to encourage and to inspire. Now in its 12th year, the program recognizes women who are shaping their companies, improving Nashville’s business community and paving the way for the next generation of influential female leaders. Duke has been on faculty at Lipscomb for 13 years. Along with teaching and directing the graduate business program, she also served as board president for a local nonprofit, Youth Encouragement Services. Before coming to Lipscomb, she served as manager of human resources for Progeny Marketing Resources and as an HR systems manager for Aspect Communications. A native of Kentucky, Duke holds a Bachelor of Science degree from Murray State University, an MBA from Lipscomb University and a Ph.D. in management from the University of Mississippi.
Lipscomb College of Business in the news •
Nashville’s ABC, CBS and NBC affiliates and the Tennessean reported on the $23 million gift commitment to the College of Business.
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The Nashville Post reported on the launch announcement of the Master of Health Administration.
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The Nashville Post reported on the announcement to establish the Center for Analytics & Informatics.
•
Nashville’s CBS and NBC affiliates reported on the college sending 70 students and faculty to CarterLawrence Elementary Magnet School to wash students’ feet and give them new shoes on Service Day.
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PARTNER A LUM N I ENG AG EM ENT
Alumni Advisory Board The members of the Alumni Board maintain a strong and active connection to the Lipscomb community and are permanent champions of College of Business programs. The board is actively involved in programming and fundraising and their efforts have led to a revitalization and greater participation in Homecoming activities than ever before. Homecoming 2018 was kicked off with the Homecoming Breakfast, which board members attended to welcome and update fellow alumni. Additionally, the board hosts quarterly networking events in various locations around Nashville.
Becci Bookner (’65) President, Family Staffing Solutions Inc. Nathan Burton, Chair (’16) Director, Division of Business Services, Tennessee Secretary of State’s Office Joel Campbell (’13, ’17) Product Strategy Business Analyst, axialHealthcare Mary Kathryn Charlton (’16) Audit Assistant, Deloitte Michael Gundrum (’11) Director Network Operations, Deloitte Don Hulsey Jr. (’01, ’12, ’12) Senior Talent Acquisition Consultant, Vanderbilt University Medical Center Matthew McCall (’09, ’14) CFO, American Constructors Inc. Matthew McConnell (’16, ’17) Advanced Staff Tax Accountant, FMC CPAs PLLC Maggie Melendez (’18) Finance and Cost Control Analyst, UBS Frank Osteen (’82, ’18) Director of Graduate Enrollment, Leadership & Public Service, Lipscomb University
Alumni Advisory Board members Becci Bookner and Nathan Burton, chair The work of the Alumni Board in 2018 has resulted in a greater sense of community among the members of the College of Business alumni network in Nashville and beyond.
Tim Priddy (’11) CFO, Smith Seckman Reid Inc. Hillary Reader (’17) Sales Development Specialist, Philips
Dustin Adkison (’96, ’08) Senior Product Consultant, FIS
Bob Sircy (’74) Executive Vice President, Southwestern Investment Group
Jennifer Baldock (’93) Senior Vice President and General Counsel, Surgery Partners LLC
Audra Wait (’10) President, Wait & Co.
Sydney Ball (’12 , ’14) Regional Business Development Manager, First Citizens National Bank Luke Benda (’17) CEO, Healing Innovations
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Jason Poling (’96) CFO/Partner, Avintus
The Dean’s Report | 2018
Beth Webb (’82) Financial Planner/Consultant Mark Womack (’05) Controller, Growthwright Jordan Zelhart (’14) Account Manager, Medline Industries Holdings L.P.
ALUM N I S P OTL I G H T
Ezell named state tourism commissioner Mark Ezell (’82) is a part of an iconic Nashville business family that not only had Nashvillians drinking local milk for generations, but also got the nation hooked on milk with the famous “Got milk?” ad campaign.
Ezell, a graduate of Lipscomb Academy as well as the university, was a brand development executive with Purity Dairies (now owned by Dean Foods Company), the company his family established in 1946, until March 2018. He was the last member of the Ezell Family to work with the company. Late last year, he was appointed commissioner of the state Department of Tourist Development, in Gov. Bill Lee’s new administration. “It is truly a dream to serve Tennessee in this role,” said Ezell. “The impact of travel is felt throughout this state, from our biggest cities to our most rural communities. I look forward to working with our partners to foster new opportunities to increase travel, and ultimately, build better opportunities for our citizens.” Ezell is a nationally recognized brand developer who coordinated the creation and implementation of the iconic “Milk Mustache-Got Milk?” campaign. His 35 years at Purity Dairies, including time as president and general manager, helped the former family-owned company receive recognition as a “Brands That Built Nashville” winner from the Nashville American Advertising Federation. Ezell spearheaded philanthropic efforts to create the Purity Foundation and other Middle Tennessee efforts like the successful Moosic City Dairy Dash. He is a current member of the Lipscomb College of Business Dean’s Board. Purity and the Ezell family have donated millions of dollars to Lipscomb, Nashville organizations and nonprofit groups around the globe. He is a board member of Leadership Nashville and a recipient of the Nashville Chamber of Commerce Executive of the Year Award.
ST UD ENT S POT L IG H T
Naval veteran advances engineering career with MBA Andy Harlan, of Columbia, Tennessee, has moved from building for his country in the U.S. Navy to building for Nashville with Four Star Paving. Now he is studying at Lipscomb in hopes of becoming a managing partner at the engineering firm someday.
Harlan was a lieutenant in the Navy, serving as a platoon commander in the Seabee Battalion, the Naval Construction Force, when he decided to leave the Navy in 2017. He had served in the Navy for six years since he graduated from the United States Naval Academy with a general engineering major. He entered Lipscomb’s Executive MBA program in August 2018, drawn by a program that teaches business principles through the lens of Christian values. In the program, he has enjoyed his studies, including learning Value=Utility/Price from Joe Ivey, clinical professor, and hearing real-world examples from Bart Liddle, assistant professor of management. He especially enjoyed a trip to Franklin, Tennessee, to explore the impact of leaders’ decisions by learning about the Battle of Franklin. Harlan’s military experience has provided the selfdiscipline he needs to work by day as a project manager at Four Star Paving, and keep up with his academic assignments at night. “The thing that impressed us about him was punctuality, doing the right thing, being on time. The discipline part of being in the military is what gives him a heads up over other people his age,” said Mike Maynard, chief manager and majority owner of Four Star. In addition to career advancement, Harlan believes his MBA degree will help him enhance his family’s farming operation in Columbia, Tennessee, making it sustainable for generations to come.
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PARTNER COM M UN I TY I N VO LV EM ENT
Mark Ezell (’82) Commissioner, Tennessee Department of Tourist Development
The Dean’s Board began in spring 2018 and provides input on: the mission, goals and strategic plan for the College of Business; strengthening the financial resources of the college; developing and promoting the college locally, nationally and internationally; and issues important to the college’s advancement. Through the three guiding principles of “work, wealth and wisdom,” the board is committed to promoting the mission of the university and the College of Business. The board serves as a resource for faculty and students by providing introductions, financial contributions, professional expertise and hiring Lipscomb students and alumni.
Mignon L. Francois Founder and Director of Joy, The Cupcake Collection
Dean’s Board
Alfonzo Alexander (’08) Chief Ethics and Diversity Officer/President, NASBA Center for the Public Trust Blair Bryan Co-Founder, Heritage 21 Jackie Cavnar (’06) COO, Mental Health America of Middle Tennessee Keith Bulluck Retired Tennessee Titans player Patrick Chaffin (’96) Executive Vice President, Asset Management, Ryman Hospitality Properties Kent Cleaver, Chair (’79) Executive Vice President, Pinnacle Bank Ernie Clevenger (’75) Co-Founder, President and CTO, Carehere Barry Dean (’76) Partner, Cherry Bekaert LLP Dale Denny (’83) CFO, John Bouchard & Sons David T. Dingler Health Care Connector Michael Duncan (’64) CFO, HSD Holdings LLC Brian Evans Vice President, Human Resources, Tractor Supply Co.
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The Dean’s Report | 2018
Tony Giarratana President, Giarratana LLC Marty Harold Herndon President and COO, Snider Fleet Solutions Jennifer Little (’90) Community Volunteer Glenn McGehee (’90) Principal and President, Southstar Linda Meador (’65) President, Success Optics Kevin N. Monroe Former Audit Partner, Deloitte Chair, Tennessee State Board of Accountancy Susan G. Nokes Advisory Board Vice Chairman, Asurion Burton Nowers Jr. (’79) CEO, Growthwright Inc. Philip Pfeffer CEO, Treemont Capital Inc. Dewayne Scott Co-Founder, President and CEO, SRS Incorporated of Tennessee Floyd Shechter President, SmartSpace LLC Ernesto Silva Retired, Coca-Cola FEMSA Joseph James Slawek Chairman and CEO, FONA International Inc. David Solomon (’81) Founder and Managing Director, Meritage Funds Jody J. Venkatesan President and CEO, Platinum Business Services LLC Randy Wolcott President, NorthStar Real Estate Advisors LLC
SE RVI C E For the past two years, the College of Business has sent students and faculty to local schools on the university’s annual Service Day. The college partnered with Snider Fleet Solutions, whose President Marty Herndon is on the Dean’s Board, to make the service projects even more meaningful for Nashville’s disadvantaged students. In April 2018, 85 business students and faculty (including Dean Ray Eldridge, pictured below) spent the morning reading to Cumberland Elementary School students in northwest Nashville. At 2019’s Service Day, 70 students and faculty went to Carter-Lawrence Elementary Magnet School to wash students’ feet and provide them with a brand new pair of shoes (pictured above). Thanks to Snider Fleet Solutions, every student at Cumberland received a book to take home with them and every Carter-Lawrence student received shoes from the non-profit organization Samaritan’s Feet.
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PARTNER New Student Opportunities
COM M UN I TY I N VO LV EM ENT
Student Clubs and Organizations
FINANCE CLUB
With the support of business leaders from throughout Nashville, two additional clubs for Lipscomb’s business students were founded in the past school year. This brings the total number of opportunities for students to actively develop their leadership skills to six student clubs and one advisory council, involving almost 150 students.
The entirely student-run Finance Club focuses on building relationships and unique out-of-the-classroom educational experiences through roundtable discussions with finance leaders in Nashville.
• Alpha Kappa Psi, Delta Kappa Chapter
Vice presidents, financial advisors, real estate experts and professionals from other areas have taken time to share their wisdom with the club during the 2018-19 school year.
• Capital Markets Advisory Council (new in 2019)
CAPITAL MARKETS ADVISORY COUNCIL
• Dean’s Student Leadership Council
Three alumni, Andrew Farmer (’08), Logan Powell (’07) and Andrew Yates (’09) formed this council to provide finance students a better understanding of the various types of positions in the world of finance and to train finance majors how to use the Bloomberg Terminal technology in the workplace. The council will bridge the gap between what students learn in the classroom and what will be expected of them in their first job following graduation.
• Finance Club (new in 2018) • Society for Human Resource Management Student Chapter • Student Center for the Public Trust Chapter • Swang Society
S ERVICE
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The Dean’s Report | 2018
In 1956, Lipscomb’s accounting program icon, Axel Swang, formed a new chapter of the co-ed business fraternity Alpha Kappa Psi. Sixty-two years later, the chapter is still offering Lipscomb students bound for any sector of the business workforce valuable skills and knowledge to enhance their future careers. In 2018, the club hosted career development events, held a Christmas party and (pictured here) prepared a meal at the Ronald McDonald House on Lipscomb’s Service Day.
ST UD E N T S P OTL I G H T
Three seniors band together to create new opportunities for finance students Joseph High, Garret Jones and Jared Peters are three seniors who were driven by their previous mentorships and professional relationships to provide similar experiences for other finance majors at Lipscomb. “Each of us has seen incredible value in meeting with finance professionals in the business world,” said Peters, a financial investments and corporate management double major from Normal, Illinois. So the trio decided to start the Finance Club, which regularly brings finance professionals onto campus to discuss their work and experiences with current finance students. They wanted to bring learning beyond the classroom to their classmates, they said. “I realized that there is no substitute for learning from those who are already in the business,” said High, a finance major from Lenexa, Kansas.
“Sitting around a table with high-achieving finance professionals who are currently in the field we may enter, seemed like a good way to add value to our campus,” said Jones. Andrew Farmer, managing partner of Pratt and Co., a financial consulting company on real estate and investment, was one of the finance professionals to visit with the students in the finance club. He was impressed with their passion for learning more about the industry and particularly how to establish themselves in the industry after graduation. “I see the three founders as leaders and self-starters which are the characteristics it’s going to take to have a successful career, specifically on Wall Street,” Farmer said. “In a very competitive career environment, that ethos of creating something out of nothing is going to serve them well.” High was inspired to go into finance by a mentor of his in high school, and Jones, a finance and philosophy double major raised in Upper Arlington, Ohio, remembers visiting his dad’s financial advising office as a child. “I’ve been attracted to the creative and forward-thinking nature of finance,” said Jones. Jones hopes to begin his career as a financial analyst and eventually build his own real estate company. High wants to use real estate and financial literacy expertise to “help individuals and communities live better lives.” Peters joined Truist, formerly SunTrust, as an analyst upon graduation and will be rotating through various areas of banking for private businesses.
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PARTNER Partnership with Athletics To be successful in today’s competitive markets, business leaders must be skilled in areas beyond traditional business subjects. Time management, leadership, the ability to set and carry out goals and teamwork skills are often the key to a thriving business career. Thanks in part to flexible class scheduling options—including day, evening, online and summer sections—and faculty with years of experience working with student athletes to provide the flexibility they need to work assignments around travel schedules, the College of Business served 89 student athletes this past school year.
Adaptability, perseverance, ability to accept criticism and true grit in the face of adversity are just a few of the qualities athletics instills in future professionals, said Philip Hutcheson, Lipscomb’s athletic director, who holds his own MBA.
“It’s not at all surprising to me that we have a number of student athletes who excel not only in competition but also in the classroom,” he said. “I believe the words ‘student’ and ‘athlete’ are not mutually exclusive here at Lipscomb.”
“I think my time as a student-athlete really prepared me for public accounting because of the time management skills I developed in my years playing at Lipscomb. It translates into the workforce ten-fold.” – J O H N T O U G H E R , A S S U R A N C E S TA F F, E Y
Dean Ray Eldridge, center, with the members of the 2018 men’s basketball team who are business majors. These students were part of Lipscomb’s first men’s basketball team to play in the NCAA national tournament.
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The Dean’s Report | 2018
89
Student business majors make up
35%
of Lipscomb’s studentathletes including
73%
of the men’s basketball team who played in the 2018 NCAA national tournament and
79%
of the men’s basketball team who played in the 2019 NIT national tournament.
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PARTNER COM M UN I TY I N VO LV EM ENT
Long-term internship program, lauded by employers, expands to undergraduates, MBA students
This past year, the College of Business has expanded one of its programs most valued by Lipscomb’s employer-partners to both the undergraduate and MBA academic programs. Through the Aspire Fellows program for undergraduates and the Fast Track MBA for graduate students, Nashville’s employers reap the benefits of Lipscomb students placed in their workplace for a full year, allowing the intern to make long-term, real-world contributions to their host employer. Originally developed for the previously offered Master of Management program, an innovative, year-long directed work experience, or DWE, is included within both the Aspire and the Fast Track MBA programs, providing a marketplace advantage to both determined young professionals and BBA students looking for an edge. “Our DWE partners find that the eleven-month time frame allows students to fully integrate into a company’s culture and take on larger projects and responsibilities than the traditional three-month internship model,” said
“I am right at home working at Capital Financial Group. I am an intern in the shared services group, which assists financial advisors. It is a blessing to be able to work directly with people whose jobs you aspire to have some day.” – B E N N I E H A R R I S I I , AT H E N S , G E O R G I A FINANCE MAJOR, 2019 ASPIRE COHORT
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Suzanne Sager, assistant dean of professional development and engagement. “In the past year, the DWE concept has proven to put both undergraduates and graduates on the fast track for a successful career.” Undergraduate students in the Aspire Fellows program take evening courses in order to complete their DWE while completing their degree. In January 2018, the inaugural cohort of Aspire Fellows students began working in the Nashville community in a variety of roles and companies from start-ups to Fortune 500 companies. They also receive focused mentorship and coaching from the Aspire Fellows faculty and committee members. The final component of the program, and perhaps one of the most exciting, is a four-week study abroad experience in Stuttgart, Germany.
“Students in Lipscomb’s directed work experience program provided immediate value to the supply chain team at Tractor Supply. Their strong work ethic and intellectual curiosity at both strategic and tactical levels of our business directly reflect the guiding principles established by the Lipscomb DWE program.” – W I L L S PA R K S , S U P P LY C H A I N , T R A C T O R S U P P LY C O .
The Fast Track MBA, which also includes a DWE, either at one of the college’s corporate partners or coordinated through the students’ current employer, is designed for professionals with less than three years of work experience. Faculty and C-suite mentors help students develop their own personal leadership plan and a study abroad opportunity is also built into the program.
Companies of all sizes and in all industries benefit from hosting Lipscomb business students as interns each semester. If your company is interested in learning more about partnership opportunities, both short- and long-term, please contact business@lipscomb.edu.
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PARTNER
The College of Business invites you to engage with us in four ways:
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Stay Connected
Invest in Students
Join our alumni networking platform, Lipscomb Business Connect. Connect with old classmates, seek mentorship, post jobs, learn about events and more at LipscombBusinessConnect.org. Follow the College of Business on LinkedIn, Facebook, Instagram and Twitter to stay up-to-date. To learn more about Lipscomb Business Connect or how to stay connected, please email business@lipscomb.edu.
Partner with us to develop future business leaders. We are continually innovating and providing additional opportunities to students, funded by the generosity of our alumni and friends. To learn more about financially investing in the College of Business, contact Burton Williams, associate dean for advancement, at burton.williams@lipscomb.edu or 615.966.5561.
Become a Hiring Partner
Explore Graduate Education
Our employer engagement team would love to connect with you about short and long-term internships as well as full and part-time jobs your company may have. To learn more about how to connect with Lipscomb students and alumni, please contact Suzanne Sager, assistant dean for professional development and engagement, at suzanne.sager@lipscomb.edu or 615.966.1345.
Learn more about how our academic programs can take you or your employees to the next level. Our top-ranked graduate programs are designed to fit into your life. Our programs include a professional MBA, an MBA program for young professionals, special programs for those interested in health care and a Master of Accountancy. To learn more about our graduate degree programs, contact Karen Risley, director of graduate admissions, at karen.risley@lipscomb.edu or 615.966.5145.
The Dean’s Report | 2018
Have questions? We invite you to partner with one of the top business colleges in the country and look forward to answering any questions you have. To learn more about specific initiatives in this report or how you can support the College of Business, please contact business@lipscomb.edu.
College of Business One University Park Drive Nashville, TN 37204-3951 615.966.5950
business.lipscomb.edu
BUSINESS AS MISSION CONFERENCE
9.17.19 NASHVILLE TN LIPSCOMB UNIVERSITY Special tracks designed for: ENTREPRENEURS CHURCH LEADERS IMPACT INVESTORS BUSINESS LEADERS REGISTER FOR FREE Lipscomb.edu/BAM323