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The Citadel, B.S.B.A., Management ACAP 06/09/2020 Agenda Item 2y NEW PROGRAM PROPOSAL FORM Name of Institution: The Citadel Military College of South Carolina Name of Program (include degree designation and all concentrations, options, or tracks): BSBA, Management Program Designation: Associate’s Degree Master’s Degree Bachelor’s Degree: 4 Year Specialist Bachelor’s Degree: 5 Year Doctoral Degree: Research/Scholarship (e.g., Ph.D. and DMA) Doctoral Degree: Professional Practice (e.g., Ed.D., D.N.P., J.D., Pharm.D., and M.D.) Consider the program for supplemental Palmetto Fellows and LIFE Scholarship awards? Yes No Proposed Date of Implementation: Fall 2020 CIP Code: 52.0201 Delivery Site(s): The Citadel Delivery Mode: Traditional/face-to-face Distance Education *select if less than 25% online 100% online Blended/hybrid (50% or more online) Blended/hybrid (25-49% online) Other distance education (explain if selected) Program Contact Information (name, title, telephone number, and email address): Al Lovvorn, Ph.D. Associate Professor of Strategic Management Department Head – Management & Entrepreneurship Department Phone: 843-953-4829 Email: [email protected] Institutional Approvals and Dates of Approval (include department through Provost/Chief Academic Officer, President, and Board of Trustees approval): Baker School of Business Management & Entrepreneurship Faculty: 8/22/2019 Business School Undergraduate Curriculum Committee: 8/30/2019 Baker Business School Faculty: 9/2/2019 Undergraduate Curriculum Committee: September 3, 2019 The Citadel, BSBA, Management, Program Proposal, ACAP, 06/09/2020 – Page 1 ACAP 06/09/2020 Agenda Item 2y Faculty Senate: September 13, 2019 President: September 20, 2019 Board of Visitors: February 1, 2020 Background Information State the nature and purpose of the proposed program, including target audience, centrality to institutional mission, and relation to the strategic plan. This proposal is formalizing the existing Principled Management & Entrepreneurship pathway into a Management major. Our current pathway model, which serves as an advising tool and functions similarly to a concentration, allows students to group electives in a related area and focus in a given discipline. Although this approach allows students to achieve learning objectives in the area, the pathway approach is not recognized as a major nor is it annotated on student transcripts. Consequently, students are not able to easily document their achievements for prospective employers and graduate schools. We began our move away from the pathway model in 2018 with the establishment of the Accounting major and the two majors proposed this year (Management, Marketing and Business Development) will complete our planned shift to majors. The Citadel currently requires 24 credit hours in management and entrepreneurship classes for the Management and Entrepreneurship pathway with 4 required courses (12 credits) and 4 electives, from a list of approved classes (12 credits). The new major will sustain the current model with the 4 designated courses and 4 electives. There are adequate free electives for students to add a focus on entrepreneurship if desired. A review of other management programs in the state (USC, Clemson, Coastal Carolina University) highlights that these similar majors require between 15 and 24 credit hours in management. The Citadel’s new management major requirements (i.e. a minimum of 24 hours of management education) exceed or equal the requirements of other state institutions currently offering management majors. No faculty costs or administrative changes are proposed or required for this major. This is a reclassification of existing courses. The purpose of the reclassification is to make it more visible to students and employers that The Citadel offers a robust management degree that provides the training, skills and critical thinking required to work in large and/or small organizations worldwide. The Citadel’s Tommy and Victoria Baker School of Business is accredited by AACSB. The Bachelor of Science in Business Administration, Management Major at The Citadel is designed to meet the growing job need and opportunities for management related jobs such as Administrative services manager, Advertising Promotions and Marketing managers, Architectural and Engineering managers, Compensation and Benefits managers, Construction managers, Emergency Management Directors, Farmers and other agricultural managers, Financial managers, Human Resources managers, and Industrial Production managers to name a few. Recognizing Management as a major in The Citadel’s Baker School of Business will formalize a program that already exists and give our students the recognition they have earned. Assessment of Need Provide an assessment of the need for the program for the institution, the state, the region, and beyond, if applicable. The Citadel, BSBA, Management, Program Proposal, ACAP, 06/09/2020 – Page 2 ACAP 06/09/2020 Agenda Item 2y The object of this degree is to prepare students with the management skills and acumen, technology exposure, quantitative knowledge and recent topics in the management discipline for the wide range of career options existing within the profession. The program will provide the students with up to date research in the field, which will provide a foundation for their career development in a rapidly evolving industry. This program provides students with professional skills including the value of our free enterprise system, ethical business practices, business analytics, strong communication skills, small and medium business development, and experience with cutting-edge tools, platforms, and channels. There is strong demand for graduates of these degrees with average long-term demand. The Bureau of Labor Statistics Occupational Outlook Handbook 2017-2018 states that the job outlook of management occupations is projected to grow 7 percent from 2018 to 2028, which is faster than the average for all occupations. The net result is a growth of approximately 706,900 new jobs. The growth of job in the field of management will result from the creation of new organizations and expansion of existing ones. As a result, additional individuals will be needed to manage these operations. The median annual wage for management occupations was $104,240 in May 2018, making it the highest wage of all the major occupational groups (source: https://www.bls.gov/ooh/management/home.htm). The most recent cohort of business graduates included post-graduation employment offers with companies such as Amazon.com, Janus Henderson Investors, ThyssenKrupp, Michelin, SRS Distribution, and Federated Insurance. The recent cohort had a high number of students entering the military after graduation (each year approximately 30% accept a commission in one of the armed services). With the military’s emphasis on leading people well and being innovative/entrepreneurial in actions, we anticipate a majority of the general business students will pursue the management major. The labor market in management is growing and we want to prepare our students with the appropriate credential to compete and prosper in their chosen profession and the job market. Centrality of the Program Given The Citadel’s history, reputation, and affiliations in business, government and not-for-profit, it is strategically placed to take a prominent role in supporting this academic discipline. The proposed program is consistent with The Citadel's mission to educate and develop principled leaders. Transfer and Articulation Identify any special articulation agreements for the proposed program. Provide the articulation agreement or Memorandum of Agreement/Understanding. None Applicable There are no special articulation agreements for the proposed Management and Entrepreneurship major, as it would be a Bachelor of Science in Business Administration degree program. The Citadel’s Bachelor of Science in Business Degree program has in place active articulation agreements with all South Carolina technical colleges, facilitating easy transfer of general education coursework. Employment Opportunities State National Employment Employment Expected Projection Expected Projection Number of (annual Number of (Annual Occupation Jobs growth) Jobs Growth) Data Type and Source The Citadel, BSBA, Management, Program Proposal, ACAP, 06/09/2020 – Page 3 ACAP 06/09/2020 Agenda Item 2y Projections Central Administrative (2016-2026) 3,690 12.8% 310,200 10.1% Services Manager (projectionscentral.com) & BLS Occ. Outlook HB Projections Central Architectural and (2016-2026) Engineering 2,880 13.8% 190,000 5.5% (projectionscentral.com) Manager & BLS Occ. Outlook HB Projections Central Compensation and (2016-2026) 170 6.3% 16,6000 5.1% Benefits Managers (projectionscentral.com) & BLS Occ. Outlook HB Projections Central Construction (2016-2026) 5,900 12.0% 448,600 11.1% Managers (projectionscentral.com) & BLS Occ. Outlook HB Projections Central Emergency (2016-2026) Management 250 8.7% 10,900 7.9% (projectionscentral.com) Directors & BLS Occ. Outlook HB Projections Central Human Resources (2016-2026) 1,950 14.0% 148,400 9.0% Managers (projectionscentral.com) & BLS Occ. Outlook HB Projections Central Industrial (2016-2026) Production 3,310 10.7% 169,700 -0.5% (projectionscentral.com) Managers & BLS Occ. Outlook HB Projections Central Management (2016-2026) 10,360 17.3% 921,600 14.3% Analysts (projectionscentral.com) & BLS Occ. Outlook HB Projections Central Managers, (2016-2026) 4,500 8.2% 1,071,700 8.0% General (projectionscentral.com) & BLS
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