2. Dillard College of Business Administration

3. Vision & Mission Our Vision is to be recognized as the center of excellence in business education and service in North Central Texas. Our Mission is to provide students an educational experience that develops knowledge and competencies needed for professional career entry, mobility, and leadership. For our stakeholders, the Dillard College provides specialized services that contribute to the economic education, development, and vitality of our region.

4. Values Our Values Diversity among individuals and cultures Integration of the college and the regional business community Close relationships among students and faculty Lifelong learning from the foundation of a liberal arts education Professional behavior on the part of faculty and students An attitude of ethical leadership among students and faculty An entrepreneurial mindset – an orientation of leveraging unique resource combinations to seize opportunities that create value (monetary or otherwise)

5. AACSB Accredited The Dillard College of Business Administration received accreditation in April 2010. AACSB Accreditation represents the highest standard of achievement for business schools worldwide. Less than 5% of the worlds 13,000 business programs have earned AACSB Accreditation. AACSB-accredited schools produce graduates that are highly skilled and more desirable to employers than other non-accredited schools. AACSB-accredited schools have the highest quality faculty, relevant and challenging curriculum, and provide educational and career opportunities that are not found at other business schools. www.aacsb.edu

6. Undergraduate Enrollment

7. Undergraduate Enrollment by Major

8. Budget Overview Salaries & Positions Departments Dillard College Centers

9. Budget Overview 2012-2013 Principal Operations $3.5 Million SBDC $267K Dillard College Centers $31K --Bureau of Business and Government Research $14K --Lalani Center for Entrepreneurship $12K --Mamie Raborn Center of Economics $5K

10. Budget Overview 2012-2013

11. Departments Accounting/MIS – Travel: $9,154 – Maintenance and Operations: $5,504 Dillard Business Admin – Travel: $17,100 – Maintenance and Operations: $45,540 Economics/Finance/Legal Studies – Travel: $10,170 – Maintenance and Operations: $6,115 Management/Marketing – Travel: $10,170 – Maintenance and Operations: $6,115

12. Dillard Fund Distribution 2012-2013

13. Salaries & Positions Faculty Staff

14. Faculty 28 Positions Instructors (2) Assistant Professors (9) Associate Professors (9) Full Professors (8) Vacancies – Tax position filled – Econ/Stats position – Management position

15. Salaries Faculty Total Faculty Salaries$2,464,733* Fringe Benefits 566,408 Total$3,031,141 *Chair Stipends Not Included

16. AACSB Salary Comparisons

18. Salaries by Rank - ACCT RankFY 13 SalariesAACSB Salaries Comparison – 25 th Percentile Full$96,518$107,800 Associate$99,988 – $102,460$102,000 Assistant$75,000$105,800 Instructor$77,552$54,100

19. Salaries by Rank - ECON RankFY 13 SalariesAACSB Salaries Comparison – 25 th Percentile Full$86,004-$90,820$93,000 Full (Ethics)$85,066$112,500 Assistant$65,288-$68,020$75,000

20. Salaries by Rank - FINC RankFY 13 SalariesAACSB Salaries Comparison – 25 th Percentile Full$100,876$113,000 Associate$92,144-$93,138$104,100

21. Salaries by Rank - LSBA RankFY 13 SalariesAACSB Salaries Comparison – 25 th Percentile Full$83,480$93,300

22. Salaries by Rank - MGMT RankFY 13 SalariesAACSB Salaries Comparison – 25 th Percentile Full$94,620$105,800 Associate$82,194$98,020 Assistant$70,000-$90,250$95,980

23. Salaries by Rank - MIS RankFY 13 SalariesAACSB Salaries Comparison – 25 th Percentile Associate$86,214$97,000 Assistant$80,000-$81,126$89,000 Instructor$58,333$50,900

24. Salaries by Rank - MKTG RankFY 13 SalariesAACSB Salaries Comparison – 25 th Percentile Full$110,000$106,000 Associate$84,560-$89,450$97,700

25. Proposed Dillard Fund Distribution 2013-2014

26. Faculty Salaries What salaries should we expect for future hires? New Doctorates at 25 th Percentile 2012-2013 AACSB Survey – Accounting $115,000 (Assistant Professor) Current highest faculty salary - $102,460 (Associate Professor) – Finance $93,800 (Assistant Professor) Per AACSB numbers, to hire an Assistant Professor from another school at 25 th percentile - $115,200 Current highest faculty salary - $100,876 (Full Professor)

27. Faculty Salaries What salaries should we expect for future hires? New Doctorates at 25 th Percentile 2012-2013 AACSB Survey – Management Information Systems $94,300 (Assistant Professor) Current highest faculty salary - $86,214 (Associate Professor) – Marketing $98,000 (Assistant Professor) Current highest faculty salary - $110,000 (Distinguished Professor) Next highest faculty salary - $89,450 (Associate Professor)

28. Salaries Staff Total Admin Salaries$185,997 Fringe Benefits 80,752 Longevity 3,440 Total$270,189

29. Staff – March 2012 9 Positions 1-Marketing Coordinator (1 vacancy) 1-Assistant to the Dean 1-Administrative Assistant (1 vacancy) 4-Secretary II (2 vacancies) 2-Academic Advisors

30. Staff Needs 9 Positions 1-Marketing Coordinator (1 vacancy) 1-Assistant to the Dean 1-Administrative Assistant 4-Secretary II 2-Academic Advisors 1-Accreditation Coordinator (Part-time Faculty Position)

31. Dillard College Centers Munir Abdul Lalani Center for Entrepreneurship and Free Enterprise – Director: Dr. Jeff Stambaugh The Munir Abdul Lalani Center for Entrepreneurship and Free Enterprise is the principal focus in the Dillard College of Business Administration for the study, promotion, and cultivation of entrepreneurial and innovative activities in our region. – IdeaWF and IdeaMSU – Angel Investors The Center promotes the co-curricular activities of Dillard College students interested in entrepreneurial careers, assists faculty in the development of curriculum and promotes research in the area of entrepreneurship and innovation in the College. The Center is also being positioned to serve as a focal point for entrepreneurial activities in the greater Wichita Falls and North Texas region.

32. Dillard College Centers Munir Abdul Lalani Center for Entrepreneurship and Free Enterprise Maintenance and Operations$11,748 Total Munir Abdul Lalani Center for Entrepreneurship and Free Enterprise$11,748

33. Dillard College Centers Bureau of Business and Government Research – Director: Dr. John Martinez The Bureau of Business and Government Research (BBGR) is an integral part of the Dillard College of Business Administration and Midwestern State University. The mission of the BBGR is: – to provide assistance in research conducted by the faculty and students in the University; – to conduct and encourage research related to economic development and the local community; – to promote partnerships in the business and local community to pursue contemporary economic, business, and government issues. The Bureau of Business and Government Research at Midwestern State University is a member of the nationwide Association for University and Economic Research. The BBGR publishes a quarterly Wichita Falls Regional Economic Outlook Report and the Midwestern Business Economic Review twice yearly.

34. Dillard College Centers Bureau of Business and Government Research Travel$1,710 Maintenance and Operations11,765 Utilities240 Total Bureau Bus and Gov Research$13,715

35. Fund Raising Efforts Wichita Falls Regional Economic Outlook Report IdeaWF

36. Wichita Falls Regional Economic Outlook Report Revenue – Sell Advertisements ($800 - $2,500) Total Advertisement Revenue in FY 13 - $5,200 – Sell Economic Report and Statistics: $500 Monthly Expenses (FY 12) – Supplies$2,050.00 – Postage$5,000.00 – Bindery/Collating$350.00 – Mailing List/Data Set$825.00 – Total$8,225.00* * Total does not include copier expenses or labor expenses.

37. IdeaWF www.ideawf.com

38. Dillard College Centers Mamie Raborn Center for Economic Education – Director: Dr. James Owen The Mamie Raborn Center for Economic Education was established in 1982 to increase the economic understanding of the university community and the citizens of the North Texas area. The Center provides economic education materials, disperses information concerning economic issues, and serves as a point of contact for members of the media and community having questions about economic issues.

39. Dillard College Centers Mamie Raborn Center for Economic Education Maintenance and Operations$4,900 Total Mamie Raborn Center for Economic Education$4,900

40. Dillard College Centers Center for Management and Leadership Development – Currently inactive Maintenance and Operations$855 Total Management and Leadership Development$855

41. Dillard College Centers Small Business Development Center – Director: Vanda Wright The Wichita Falls Small Business Development Center is located on the campus of Midwestern State University. The SBDC provides business counseling, technical assistance, training workshops, and business plan development for small businesses in our 13 county area. We strive to promote growth, expansion, innovation, increased productivity and improved management for small business.

42. Dillard College Centers Small Business Development Center Total Admin Salaries$166,997 Student Wages4,882 Non-Student Wages12,665 Fringe Benefits54,065 Maintenance and Operations21,259 Utilities700 Longevity6,200 Total Small Business Development Center$266,768

43. Cost Efficiency Efforts No Marketing Coordinator AQ/PQ Standards and Mix of Faculty – Wise use of other faculty for university core and other classes as numbers permit – Wise and increased use of PQ faculty Developing a Website for Economic Outlook Report – Big time saver for staff and better product Energy Efficiency

44. Cost Efficiency Efforts Internationalization of College Maximize Class Sizes – Offer fewer sections – Carefully look at electives – Carefully look at course sequencing Streamlined Assessment Process Two Year Course Plan – Better course sequencing increases class sizes and helps students plan

45. Improvement Ideas Advising Department working with North Central Texas College (NCTC) & Vernon College MBA Program – Current Status

46. Status of MBA Program

47. Improvement Ideas MBA Program – Proposed Changes Increase Admission Standards Provide Increased Flexibility in Course Delivery Formats – Traditional, Online, & Hybrid Offerings Reduce Common Body of Knowledge Leveling Requirements

48. Dillard College Needs MBA Concentrations – Marketable & Demand, Accounting and Other Specialties Salary Adjustments Staff Support Technology Support

49. Classroom Utilization Technology Replacement Costs Technology Upkeep Costs

50. Classroom Utilization Classroom UsersFall 2012Spring 2013 DCOBA Classes8985 Non-DCOBA Classes9572 Other*80 *Only includes full semester use. Classrooms are used regularly for eventsespecially DB 101, DB 189, and the Priddy Conference Room.

51. Technology Replacement Costs Computers$1,330 each PC Dual Screen Display $ 795 each PC Only Laptop$640 Projectors$2,400 each (Projector Plus Mount) Projector DB 101$11,000 Estimates Provided by: Information Technology Department

52. Technology Replacement Costs Touch Screens$575 each plus shipping (23)* *Touch Screens Needed for 23 Classrooms UPSs$130 each Estimates Provided by: Information Technology Department

53. Technology Upkeep Costs Lamps for Projectors Estimates Provided by: Information Technology Department For All Eiki/Sanyo PLC-XU48 Projectors POA-LMP55(Old Ones, Most Common)$128.56/each For All Panasonic PT-FX 400 U Projectors PT-FX400U(New Ones, Changing To)$219.75/each For Panasonic PT-DZ680K ET-LAD60W(New One, Pending Installation Into DB 101)$657.50/pair (Requires 2)

54. Technology Needs EquipmentQuantityPriceTotal Computers (Dual Screen) 4$1,330$5,320 Computers (PC Only) 2$795$1,590 Projectors10$2,400$24,000 Projector DB 101 1$11,000 Touch Screens23$575$13,225 Shipping23$100$2,300 UPSs23$130$2,990 Overall Total$60,425

55. Technology Funds Revenue – HEAF $61,864 (Includes Carry Over) $46,112 (Remaining Balance) – Provost Office Allotted Funds $19,000 Expenses – $60,425 Remaining Funds – FY 13 – $4,687

56. Technology Plan Master Plan Rotating Replacement Schedule with IT