1. Dyson Undergraduate Program Advisory Council
April 21, 2016

2. Director’s Report: April 21, 2016
Prof. Bill Lesser
David J. Nolan Interim Director
Susan E. Lynch Professor in Science and Business

3. Appointed Interim Director Department Chair
Bill Lesser
“All the world’s [now Dyson School’s] stage.”
— Will Shakespeare, had he lived long enough to see the Dyson School incorporated into the Cornell College of Business.
Appointed Interim Director
March 1, 2016 – June 30, 2017 (at latest)
Department Chair

4. Pre-CCB Transition to CCB *Students *Programs *Timeline *Faculty
Presentation
Pre-CCB
*Students
*Programs
*Faculty
*Ranking
Transition to CCB
*Timeline
*Benefits
*Budget
*Dean Search
*Outstanding *Issues

5. Students
ENROLLMENTS Undergraduate: 698 MS/PhD Total: 104 MPS Incoming class: 26 Minors: 1,300 Including Engineering & Life Sciences
EMPLOYMENT: 94% reporting Jobs 95 Graduate/Prof School 14 Other 4 Looking 14

6. SALARIES

7. Quantitative Methods Program Language Data Management Electives
Program Changes
Business Analytics Concentration Inauguration
Quantitative Methods
Program Language
Data Management
Electives

8. Donna Haeger Teaches: Spreadsheet Modeling Proposal to Transfer
Thanks …
Donna Haeger
Teaches: Spreadsheet Modeling
Proposal to Transfer
Computer Lab from Mann to Warren

9. New Courses
AEM 1300: Macroeconomic Policy and the 2016 Election: Introduction to the Issues and How to Analyze Them
AEM 1600: The Business of Modern Medicine
AEM 2110: The Business of Biofuels
AEM 2550: Corporate Sustainability: Business in a Resource-Constrained World
AEM 2800: Hot Economic Issues In The News Today
AEM 3251: The Business Laboratory And New Venture Management
AEM 3600/3601: Impact Learning Field Study: Exploring the Intersection Between Diversity & Business
AEM 4010: Organizational Analytics
AEM 4521: Cost Accounting and Management Control

10. For future moving to offer multiple sections to reduce class size:
New Courses Cont.
For future moving to offer multiple sections to reduce class size:
Begin with AEM 2601 (required) – Introduction to Strategy – 4 sections spring ’17
AEM 2600 (required) – Intermediate Micro – fall ‘16 adding discussion sections so can increase calculus-based approach

11. New Faculty Chris Forman Nolan Chair: Strategy
Full Prof, Ex Georgia Tech Technology, “Big Data”
Jawad Addoum
Assistant Professor of Finance
Ex Univ. of Miami faculty
Sarah Wolfolds
Assistant Professor of Strategy
PhD Harvard Business School

12. Retirements
Jon Conrad
Internationally-Renowned Professor of Resource Economics with 39 Years of Service

13. New Academic Title
PROFESSOR OF PRACTICE
Intended for non-tenure track faculty with practitioners background (e.g., accounting practice)
Very helpful for attracting instructors
Presently 5 in Dyson School:
Jack Little (accounting)
Cindy van Es (statistics)
Erik Lewis (accounting)
Zeshawn Beg (accounting)
John McKinley (accounting)

14. Suspended Ph.D. course sequence
Searches
Jon’s retirement leaves the Environmental, Energy, and Resource Economics program severely understaffed
Suspended Ph.D. course sequence
Limiting DS support new CALS and University sustainability majors
CALS approved hire 2 with Dyson brothers’ endowments
Awaiting approval from CCB??

15. NEW ADMINISTRATIVE STRUCTURE
Inaugurated this spring expanded administrative structure from strategic plan:
2 Senior Associate Directors (Business and Applied Econ)- Ed McLaughlin and Harry Kaiser
Associate Director Research – Greg Poe
Associate Directors Undergrad (Cindy van Es) and Graduate (David Just) programs
WORKING WELL! COULDN’T FUNCTION WITHOUT

16. Student-led process to “colorize” Warren Hall
Other Undertakings
Student-led process to “colorize” Warren Hall
Current color scheme great if you like white & grey pallet

17. Business Week Ranking
2014
1. University of Notre Dame (Mendoza)
2. University of Virginia (McIntire)
3. Cornell University (Dyson)
4. Boston College (Carroll)
5. Washington U. – St. Louis (Olin)
6. Texas – Austin (McCombs)
7. University of Pennsylvania (Wharton)
8. Indiana (Kelley)
9. Emory University (Goizueta)
10. UNC - Chapel Hill (Kenan-Flagler)
11. Wake Forest University
12. Michigan - Ann Arbor (Ross)
13. Brigham Young *(Marriott)
14. New York University (Stern)
15. University of California - Berkeley (Haas)
16. University of Richmond (Robins)
17. Carnegie Mellon University (Tepper)
18. Georgetown University (McDonough)
19. Northeastern (D’Amore-McKim)
Bentley
2016
1. Villanova University
2. University of Notre Dame (Mendoza)
3. Boston College (Carroll)
4. Indiana (Kelley)
5. University of Virginia (McIntire)
6. Texas – Austin (McCombs)
7. UNC - Chapel Hill (Kenan-Flagler)
8. Michigan - Ann Arbor (Ross)
9. New York University (Stern)
10. Bentley
11. Cornell University (Dyson)
12. William & Mary (Mason)
13. Wake Forest
14. Ohio State (Fisher)
15. Emory (Goizueta)
16. Pennsylvania (Wharton)
17. Georgetown (McDonough)
18. Brigham Young (Marriott)
19. Penn State (Smeal)
20. Michigan State (Broad)

18. Continued
Business Week changed ranking system, weights several times this year Discontinuing undergraduate rankings Not clear how Dyson School will be ranked when part of CCB

19. Dyson School under the College of Business
Trajectory
• Benefits/Strategic Plan
Projected Budget
Dean Search
• Faculty responses/tenure process

20. Mid-December announcement with no prior notification with Dyson School
Trajectory
Mid-December announcement with no prior notification with Dyson School
January 30th unanimously approved by Board Trustees
Dyson School faculty remain in CALS (State benefits)
Provost inaugurated 7 committees to fill “empty vessel”
John Dyson negotiated MOU with Provost
Decisions structure/process committee reports due April 15 – circulated next week?
Inaugurate July 1 ?

21. Benefits/Strategic Plan
Increase in budget
Synergistic enhancement int. activities – poorly exploited opportunity
Ease cross-school allocation courses – e.g., accounting
Amalgamation of DS and Johnson int. development approaches: DS utility maximization w/Johnson ‘Bottom of Pyramid’ approach
Potential access to NY City tech campus
Establishing own Career Services program – long weakness

22. Budget Estimated increase $3 - 4m (10-13%) (exc. new commitments)
Dyson School will receive tuition, endowment revenues - responsible for all costs
Purchase services (admissions) from CALS - options long term
Longer term funds increase limited
Univ. retaining tuition increases into future?
Univ. continue freeze income from credit hours taught?
Student numbers remain fixed
Major new sources MPS programs, summer school & donations
WITH CCB ‘TAX’ EXPECTED & DEPLETION OF ENDOWMENTS DS MUST BE CONSERVATIVE W/FUNDS

23. Budget Cont.
Critical to continue non-teaching services to NY State to justify funding, building use

24. Upper administration supporting immediate search
Dean Search
Upper administration supporting immediate search
Dyson preferences unclear:
1st survey inconclusive
2nd survey launched this week
Some administrative matters remain unresolved at present
Non-traditional dean position

25. Maintaining uniqueness, diversity of Dyson School
Issues for Future
New tenure review procedures recommended by Governance Committee – grouping of Dyson applied economists discussion continues
Maintaining uniqueness, diversity of Dyson School