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The State of the School: a Year in Review and Preview The State of the School: A Year in Review and Preview Volume XXI 2016-2017 Academic Year M. Moshe Porat Dean The State of the School: A Year in Review and Preview 2016-2017 Academic Year TABLE OF CONTENTS Fox School of Business and Management INTRODUCTION .................................................................................................................. 2 VISION, VALUES AND MISSION STATEMENT ................................................................ 7 EFFECTIVE MARKETING AND ENROLLMENT MANAGEMENT ................................ 19 CUTTING-EDGE CURRICULUM ....................................................................................... 24 EFFECTIVE TEACHING .................................................................................................... 44 HIGH-QUALITY FACULTY RECRUITMENT, FACULTY DEVELOPMENT AND EXCELLENCE IN RESEARCH AND GRANTS ................................................................. 46 EFFECTIVE STUDENT PROFESSIONAL DEVELOPMENT AND CAREER SERVICES 98 SUCCESSFUL FUNDRAISING AND ALUMNI RELATIONS ........................................... 101 FINANCIAL STRATEGIES ................................................................................................ 103 EFFECTIVE COMMUNICATIONS AND STAKEHOLDER ENGAGEMENT ................. 105 School of Sport, Tourism and Hospitality Management INTRODUCTION ............................................................................................................... 118 SUMMARY OF ACCOMPLISHMENTS IN 2016-2017 ........................................................ 120 VISION, MISSION AND VALUES STATEMENT ............................................................. 120 STUDENTS ......................................................................................................................... 121 STUDENT PROFESSIONAL DEVELOPMENT ................................................................ 126 PROGRAMS ........................................................................................................................ 130 FACULTY AND RESEARCH .............................................................................................. 131 DEVELOPMENT, OUTREACH AND ALUMNI AFFAIRS ............................................... 132 TECHNOLOGY AND FACILITIES ................................................................................... 138 PERSONNEL ...................................................................................................................... 138 1 INTRODUCTION Established in 1918, the Fox School of Business and Management at Temple University has a distinguished tradition of preparing business leaders, professionals, and entrepreneurs for successful careers in business. Today, it is the largest, most comprehensive business school in the greater Philadelphia region, and among the largest in the world with more than 9,000 students, nearly 210 full- time faculty, over 200 adjuncts and more than 65,000 alumni. The School of Sport, Tourism and Hospitality Management (STHM) also continues to grow with over 1,000 students and 26 full-time faculty. The Fox School was first accredited by AACSB International — Association to Advance Collegiate Schools of Business — in 1934. The Fox School offers BBA, Global MBA, Executive MBA, Online MBA, MBA/MS, MS, MAcc, PhD and Executive Doctor of Business Administration (EDBA) Programs on campuses throughout the region and around the world. These Programs continue to be ranked nationally and internationally by leading business publications, such as the Financial Times, The Economist, US News & World Report, Forbes and The Princeton Review/Entrepreneur magazine. Once again, it has been a banner year of rankings, which include US News & World Report for a third consecutive year ranking Fox School’s Online MBA No. 1 in the nation – the highest-ranked program in university history. Our Online BBA and Part-Time MBA reached unprecedented heights, with US News ranking them No. 2 and No. 7 in the nation, respectively. And in August, STHM’s Master of Science program in Sport Business earned a No. 7 North American ranking from SportBusiness International. In addition to the above, here are a few other highlights: ENROLLMENT We welcomed one of the largest and most-academically distinguished Fox freshman classes ever. We have more than 1,700 deposited freshmen and transfer students who have joined us with a record-high GPA of 3.57 and an SAT average of 1250, a significant increase from last year’s average of 1208. These freshmen are incredibly diverse, representing 29 states and the District of Columbia, as well as 40 countries on five continents. 2 The incoming freshman class for the Fox Honors Program boasts 54 students with an average SAT score of 1490, the highest in the school’s history. In addition, 22 Fox students with an average SAT of 1377 who were admitted to University Honors will be considered for Fox Honors in spring 2018, if they attain a 3.7 GPA by the end of the fall 2017 semester. At the graduate level, we saw a 10-percent increase in applications, while overall enrollment increased by more than 15 percent in 2017, with nearly 1,100 new graduate students. With such great interest in our graduate programs, we have become significantly more selective in our admission process. Interest in Fox’s expanding portfolio of Specialized Master’s programs continues to see growth, with the addition of two new online programs in STHM – an Executive MS in Sport Business and a Master’s in Travel and Tourism. Both begin this semester with a total intake of more than 35 new students. Also, our full-time Global MBA program enrolled 45 new students with an average 3.62 undergraduate GPA and an average GMAT score of 645. The students in our other MBA programs – Online, Part-Time, and Executive – are equally impressive. For example, the Online MBA enrolled 325 new students (100 more than last year) from 41 states, and boasted an average of 12 years of professional experience and a 3.3 GPA. The Part-Time MBA enrolled 200 new students from January to August, boasting an impressive average of nine years of professional experience and a 3.3 GPA. The Executive MBA began accepting students in the spring and fall semesters, attracting 85 executives with 15 years of experience on average and originating from areas throughout the Northeast region. One-third of our incoming PhD students, a record for Fox, received the Temple Presidential Fellowship – the highest, most-prestigious award the university confers upon incoming students. Amongst all schools, Fox holds the highest percentage of presidential fellows at Temple University within its incoming class. Incoming students scored in the 90th percentile in the GMAT and GRE, with incoming students joining our program from institutions like Yale, Columbia, and the University of Pennsylvania. Last December, the Fox PhD Program hosted its first PhD Colloquium, attended by deans or faculty directors of PhD programs from 11 peer and aspirant institutions such as University of Pennsylvania, Ohio State University, Virginia Tech, Emory University, and Rice University, for presentations from our key PhD faculty and students. The feedback provided by our distinguished guests serve as a comprehensive peer evaluation of our PhD Program with recommendations to both capitalize on our strong momentum and continue steps to take the Fox PhD program to greater successes. Lastly, our Executive DBA Program welcomed another impressive cohort that boasts more than 20 years of management experience. The inaugural cohort from this program graduated in May. Our newly admitted students originate from 14 states and two countries, including the Republic of Korea and Oman. As another cohort enters its dissertation year, four students will attend the Engaged Management Scholarship (EMS) Conference Doctoral Consortium in Tampa to present their research. Moreover, the collaboration with Tsinghua University, People’s Bank of China School of Finance is continuing to grow, and 50 Executive DBA students from this collaborative program in China visited us for a residency in Philadelphia in June. Thanks to the Undergraduate Admissions, Graduate Admissions, Doctoral Office, and the Communications and Marketing Teams for their tireless work to recruit these students and promote our Programs. 3 SERVICES AND RESOURCES Thanks to our stellar Center for Student Professional Development (CSPD), our Global MBA students have earned a 100 percent summer-internship placement rate since 2012, and our MBA job-placement rate for 2016 was 100 percent as of three months from graduation, both of which rank as best in the country. Among 2016 undergraduates, 95 percent of those actively seeking employment or planning to start a business accomplished those objectives within six months of graduation, and the Center has seen a record-breaking number of employers registered for CSPD Connection events: 108 in fall 2016 (a 21- percent increase) and 83 in spring 2017 (a six-percent jump). Last academic year, 112 undergraduates from the Fox School studied abroad during semester or summer programs in seven countries, and 12 students participated in short-term study-abroad programs to London and Rome. Additionally, 167 Fox graduate students engaged in short-term Global Immersion Programs during the academic year, traveling to China, Chile, Colombia, India, Israel, Morocco, South Africa, and Sweden. Fox also sent students to Israel for projects related to the Fox Management Consulting Practice. Temple
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