1 School of Business Administration Mission/Vision: The School of Business Administration at the University of Vermont prepares students to be business leaders in a complex and dynamic global environment. To accomplish this, we cultivate awareness of the importance of creating sustainable businesses that value ethical, social, and environmental responsibilities. We infuse innovation and leadership in our curriculum, and develop graduates who are skilled at identifying problems and opportunities, and who make decisions based on adept analysis. Our faculty strives to achieve teaching excellence, promote thought leadership, and advance management practice. Upcoming Goals/Exciting Projects: Staffing changes to increase efficiency of processes and to support the School s goals. Faculty hires to lead the Strategic Theme initiatives through curriculum innovation and industry outreach. Undergraduate curriculum revised fall Bachelor of Science degree in Business Administration with an Interdisciplinary Theme in one of three areas: Sustainable Business, Global Business and Entrepreneurship. In addition, students can choose one of four concentrations: Accounting, Finance, Marketing, and Business Analytics. SEMBA (Sustainable Entrepreneurship MBA) will launch this fall 2014 (requires a minimum of three years professional work experience, 12 month full-time program taught through 4, 8-week modules). You may have noticed the renovation of Kalkin 110 which will serve as the primary learning space for the SEMBA program. Goal is to provide a valued graduate school experience and to increase the number of students in our graduate programs. Increased numbers will help reach certain ranking criteria. 21 new SEMBA students have committed to the fall 2014 cohort. MAcc program currently has an enrollment of 40 students (including 28 new students starting fall 2014) and continues to receive strong interest from international students, predominantly from China. China accepts U.S. Accounting standards (while other countries do not). Popular option for UVM graduates looking for a 4+1 option to achieve 150 credits hours and eligibility to pursue CPA licensure. Emphasis on Entrepreneurship Business Pitch Competitions, Family Business Initiative, Family Enterprise Case Competition, and Enactus (formerly Entrepreneurship Club). Students are required to earn a minor outside of Business. Psychology, Film & Television Studies, Archaeology, Consumer & Advertising, Consumer Affairs, Community Entrepreneurship, and Pubic Communications are restricted minors; English is now an
2 approved minor; increasing in popularity is the Coaching minor and potential for a Sports Management minor. Communications through Social Media Facebook, Twitter, Website. Case Competitions Hosting Family Enterprise Case Competition (FECC), January 7-10, teams from 13 countries will be on campus; reservations of new teams closed in early June. UVM s undergraduate team took 2 nd place last year. In addition, UVM teams have travelled to many other locations for Case Competitions: London, England; Vancouver, BC; Victoria, BC; Tucson, AZ; Columbus, OH; Kingston, Ontario; Montreal, Canada; Plattsburgh, NY; and NYC. Admissions Information: Work collaboratively with the Admissions Office to bring in undergraduate class of approximately 225 FTFY students and 40 transfer students (which includes GGP and USPP) each year. High school candidates should meet the traditional admissions standards with four years of math. Ideally, the senior year math should be college-prep work Trig, Pre-Calc, or Calc. Taking courses in Statistics or Accounting is fine as long as it doesn t replace the college-prep math course. Increase in international student interest through globalization efforts of GGP and USPP. Hired full-time international academic advisor in the School of Business in Feb Students interested in learning more can schedule an individualized visit or phone call with a member of Student Services, (802) Important information for transfer students Admissions requires one semester of Calculus and one semester of Economics. Do not accept upper-level transfer credit towards completion of BSAD requirements from institutions that are not AACSB accredited. However, these courses if eligible for credit can be applied as pure elective. Students who apply to Business should list a second choice option (preferably in Arts & Sciences). If admitted to second choice, they are coded with an attribute (FM20) so BSAD can assist them with course scheduling and the internal transfer process once they have met the prerequisite admission requirements. Caution on using Transfer Guide course evaluations can and do change. The Transfer Guide is a wonderful resource, but does not substitute for an official evaluation. Earning credit can be different than satisfying a degree requirement.
3 Exciting News (Anything 3 years back to 1 year forward is relevant ): University faculty award, Kroepsch-Maurice awarded to Assistant Professor, Allison Kingsley in May Professor Kingsley was also awarded Undergraduate Teacher of the Year by the Class of 2011, Class of 2013, and Class of Classes are taught by faculty or individuals with the highest relevant degree (graduate students do not teach BSAD courses). Access and interactions with faculty from day one. Strong advising model. First-year students are professionally advised by a member of the Student Services team. Upper-class students are advised by faculty who teach and conduct research in their respective industries. All advisors are located in Kalkin Hall. Leverage alumni connections and support for networking and career development. New hire of Employer Outreach Professional in March MAcc graduate level program to prepare students to reach the 150 credits hours required for CPA. Designed as a 5 th -year program if admitted. Recent graduates have gone on to the following companies IBM Dealer.com Wells Fargo State Street Bank New Breed Marketing Green Mountain Coffee Roasters Mondelez International St. Charles Capital Financial Management Program at General Electric (GE) Financial Management Program at Boeing Accounting Associate at PWC Accounting Associate at KMPG Accounting Associate at McGladrey Internship with USA Hockey Graduate School MAcc at UVM for CPA requirements, Law School, Sports Management, generally don t recommend immediate entry into MBA programs Other Relevant Information: Approximately 20% of the junior class will Study Abroad. This includes fall, spring, and summer programs. UVM also teaches courses abroad in the summer and winter terms in which many Business students participate. A few students will go for a full year (with
4 careful planning and advising). Popular destinations include Vienna, London, Grenoble, Barcelona, Australia, New Zealand, South America, and China. Internships are work experiences in a field relevant to a student s career interests. Internships are important for students because they offer real world work experience, differentiate a student on their resume, and give students relevant examples to talk about in job interviews. Approximately 65-70% of students will participate in at least one internship. However, nearly 100% of students have a jobrelated experience (positions within family business, hotel/hospitality industry, workstudy, and life-style related jobs: waitress, golf caddy, nanny, etc.). Internships can be during the summer or the school year, and with local, regional or national companies. Recent examples include Advertising, Marketing, Public Relations or Social Media internships with companies like Green Mountain Coffee Roasters, Seventh Generation, Digitas and Ralph Lauren; Finance internships with General Electric, Boeing, NASDAQ, and National Life; Accounting internships with KPMG, PWC and McGladrey; Sales internships with the Vermont Lake Monsters baseball team; and Human Resources internships with State Street. Clubs & Organizations discuss industry trends, meet with professionals and alumni, and participate in trips to Boston or NYC for career networking. Each club has a faculty advisor. School of Business Clubs consist of: Accounting, Finance & Investment, Enactus (formerly Entrepreneurship), AMA (American Marketing Association), SAC (Student Advisory Committee to the Dean), and Outreach (assists with campus and admissions outreach and yield). Campus Leadership: Business students are involved campus-wide in many leadership positions in Athletics, Admissions, Orientation, Residential Life, SGA, Greek Life, Class Council, Academic Support and Campus Tutoring, ALANA Student Center, Board of Trustees, etc. Our very own, Suzanne Friedman and Alessandro Carissimo were awarded the Class of 67 award which recognizes seniors who have satisfied two of three criteria: active membership in three recognized student activities; University recognition in a varsity athletic sport; and/or election to an office in a recognized student activity. And, Dennis Mahoney was awarded The Kidder Medal Award which recognizes the senior male ranking first in leadership. Finance Honors Seminar: This signature experience is by invitation only and is funded through the generous support of alumni and proud parents. In this program, students benefit from the experience of presenting to professional analysts on Wall Street
5 (Morgan Stanley and Capital Group, for example). Graduates who participated in this seminar are now successful professionals on Wall Street, in Corporate Finance (example: GE FMP and Boeing), and locally in Vermont. Some have also chosen to attend graduate school and/or pursue their CFA licensure. During the fall 2014 semester, the class will once again enroll 15 students under the instruction of Professor Michael Tomas III. Academic Class Integration: Faculty Research, Case Analysis, Team Projects, Alumni/Professional Guest Lectures, 37 students are members of the Honors College. Technology: Team of three IT Staff who provide comprehensive support for all Business students, manage network, exchange, classroom integration, on-line processes, etc. Support user with software and hardware needs. Each Business student is enrolled in Microsoft Campus Software License Agreement ($75/semester fee). Access to both computer labs with free printing for majors and minors. Bloomberg Computer Lab, student computer labs offer dual-screen monitors, stock ticker, plasma screens throughout the building, SmartBoard, technology-class integration, virtual computer lab. Catch us on Facebook and Twitter. Networking: Students have the opportunity to network with Board of Advisors and attend presentations sponsored by the Dean s Leadership Speaker Series. For the fall 2012 semester, Alumna and Senior Vice President at GE, Charlene Begley presented on campus. For the fall 2013 semester, John Dineen, President and CEO of GE Healthcare presented on campus. For the fall 2014 semester, Richard Beck, Senior VP of PepsiCo Global Operations, will present on campus on Tuesday, September 16.