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Dyson Undergraduate Program Advisory Council

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Presentation on theme: "Dyson Undergraduate Program Advisory Council"— Presentation transcript:

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


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