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Curriculum Orientation

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Opportunities to minor in economics or business ... Management, Principles of Marketing, Financial Accounting, and Business Finance. ... – PowerPoint PPT presentation

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Title: Curriculum Orientation


1
  • Curriculum Orientation


Department of Economics and Business
2
What you will hear today
  • This orientation will provide prospective
    students and their parents information on
  • The Mission Statement
  • Students
  • Learning Environment
  • Curriculum
  • Faculty
  • What you can do with our degree
  • Value adding opportunities
  • Assessment results
  • Opportunities to minor in economics or business
  • Our goal is to help you decide if Economics and
    Business is right for you.

3
  • Mission Statement Virginia Military Institute

. . to produce educated and honorable men and
women, prepared for the varied work of civil
life, imbued with love of learning, confident in
the functions and attitudes of leadership,
possessing a high sense of public service,
advocates of the American Democracy and free
enterprise system, and ready as citizen-soldiers
to defend their country in time of national peril.

4
Mission Statement Department of Economics and
Business
The mission of the Department of Economics and
Business is to develop leaders within the
framework of the unique VMI mission by offering a
rigorous and challenging liberal arts curriculum
based on a solid foundation in economic theory,
quantitative methods, and management-specific
knowledge and skills.

5
  • Finding the Right Students

To accomplish our mission we must find the right
students, young men and women who not only meet
the admissions standards of VMI, but who also
have a passion for being 21st century leaders.

The degree program at VMI is most effective for
producing the characteristics of professionalism,
integrity, and work ethic that employers are
looking for. Shannon Daly 91
6
  • Creating the Proper Learning Environment

We have a learning environment with a unique
faculty/student team that is dedicated to
developing future leaders by getting to know each
student as an individual and understanding his or
her strengths.

I feel that the Economics and Business program
is great for producing well rounded professionals
who are instilled with integrity and a great work
ethic. Jackson Castleberry 02
7
  • Offering a Rigorous and Challenging Curriculum

We continually review our curriculum to ensure
that it stimulates intellectual curiosity, and at
the same time, gives our graduates the skills to
excel in the global market place.

While I didnt understand why our requirements
were so high at the time, I now appreciate the
fact that so much was expected of us. . . We have
an immediate advantage once we get out into the
workplace. Ken Williams 05
8
New courses include Managerial accounting Legal
environment of business Operations
management Management information systems
To meet AACSB standards, we have made
significant changes in the curriculum during the
past several years.
9
  • Recruiting and Developing a First-Rate Faculty

To create the right learning environment and to
teach the 21st Century curriculum, we recruit and
develop a faculty composed of excellent teachers
and scholars whose primary goal is to bring out
the best in you.
My professors at VMI were very knowledgeable,
thorough and prepared. However, the one quality
that stood out above all others was their
interest and concern for me. Each took the time
to get to know me not only as a student, but as a
person. Will Martin 97
10
The EC-BU Faculty
  • Our department is small enough that we can tailor
    learning and research interests to meet your
    specific needs.
  • With our low student to faculty ratio, we can
    focus on you as an individual, not as a number.
  • As of the Fall of 2008, the economics and
    business department has 13 full time faculty
    members and two adjunct faculty.
  • 13 have doctoral degrees in their fields, 1
    adjunct member has a law degree
  • 7 are tenured professors
  • 5 are eligible for tenure
  • 1 is a VMI alumnus
  • For the EC-BU faculty, excellence in teaching is
    the primary responsibility

11
Meet the Faculty Department of Economics and
Business
12
What can you do with your degree?
  • An Economics and Business degree from VMI can
    prepare you for almost any leadership position
    you may choose. You will be well prepared for
    careers in
  • Finance
  • Management
  • Marketing
  • Investments
  • Banking
  • or the Military

13
What MORE can you do with your degree?
  • The EC/BU degree is also excellent preparation
    for graduate work in
  • Economics,
  • Business,
  • Public administration,
  • Health administration,
  • or law.

14
  • What you can do with your degree?

I would recommend the economics and business
degree to anyone attending VMI. I think it
produces the most well rounded graduate by making
them ready to take management positions in any
career field. Ed Hosken 94

15
  • What have others done?
  • Some of our graduates have become
  • Management Trainee, J.P. Morgan Chase Financial
    Services
  • Senior Vice President, Bank of America
  • Global Financial Services Manager, The Coca-Cola
    Company
  • National Bank Examiner, Comptroller of the
    Currency.
  • Vice PresidentCorporate Resources, Ethyl
    Corporation
  • Senior Vice President, Wachovia Bank
  • Vice PresidentBusiness Critical Solutions,
    Microsoft
  • Director of Business Operations, American
    Express Financial Services
  • Director of Business Services, Medical
    University of South Carolina
  • Foreign Service Officer, US State Department
  • College Professor--0rganizational behavior and
    human resource mgnt.
  • Clerk, US Supreme Court


16
Best Jobs in America An excerpt According to a
recent survey by Money magazine and Salary.com
Rank is based on (1) stress levels, (2)
flexibility in hours and working environment, (3)
creativity, and (4) how easy it is to enter and
advance in the field in addition to salary and
projected growth.
17
Value Adding Opportunities
  • Opportunities for development both inside and
    outside the classroom include
  • Undergraduate Research
  • Internships
  • Study Abroad
  • Cadet Investment Group
  • The Concentration in Financial Management
  • Institute and Department Honors Programs
  • Leadership in the Corps of Cadets
  • Leadership in Extracurricular Programs

18
Assessment Results
VMI uses the ETS Major Field Test, Business
(MFTB) to measure the competency of Economics and
Business students in the major sub-disciplines of
the curriculum. The areas covered by the test
are
  • Accounting
  • Economics
  • Management
  • Quantitative Business Analysis
  • Finance
  • Marketing
  • Legal and Social Environment
  • Information Systems (new in 2008)
  • International Issues

19
ETS Field Test Results
The percentile scores are sometimes reported
from the Educational Testing Service at discrete
intervals. For example, for 2008, the percentile
ranking for the overall score went from 90th
percentile to the 95th percentile. The 93rd
percentile is an estimate based on extrapolating
the results within this 5 point interval. In
previous years, these discrete intervals were
much smaller.
20
ETS Field Test Results
The percentile scores are sometimes reported
from the Educational Testing Service at discrete
intervals. For example, for 2008, the percentile
ranking for the overall score went from 90th
percentile to the 95th percentile. The 93rd
percentile is an estimate based on extrapolating
the results within this 5 point interval. In
previous years, these discrete intervals were
much smaller.
21
The ETS Field Test and Continuous improvement
  • The 16 year track record with the Major Field
    Test, Business confirms our strengths and
    indicates opportunities for improvement.
  • We will continue to draw from our strengths in
    the economics, quantitative, and international
    components.
  • We have added a second accounting course and will
    continue to monitor this area.
  • We have added a legal environment of business
    course and will continue to monitor this area.
  • The past six years have shown great consistency
    in all areas except accounting and legal/social.
  • The Information Systems course will be first
    offered to the class of 2010 as a curricular
    requirement. We expect our scores in information
    systems will improve in future years.
  • Conclusion We will continue to monitor and
    improve our curriculum to ensure that our
    students are prepared for the 21st Century world.

22
An Alumnus Reflection
The department's consistently exceptional
performance on the Business Achievement Test is
awe inspiring. . . students come and go, but a
sound curriculum and superb instruction are more
enduring. This is an easy lesson to accept as I
continue to appreciate the standards of candor,
decency, and integrity exemplified by (the
faculty), and given that a day does not go by
that I do not draw on the knowledge imparted
through the curriculum by its instructors. Todd
Brickhouse 93
23
Department of Economics and Business
  • Any Questions?
  • Please visit our website at http//www.vmi.edu/ECB
    U

Virginia Military Institute Lexington, Virginia
24
(No Transcript)
25
Minors in Economics or Business
  • We offer minors in both business and economics.
  • Both programs require Microeconomic and
    Macroeconomic Principles
  • Minor in Economics12 additional hours in
    economic theory and economics electives
  • Minor in Business12 additional hours to include
    Principles of Management, Principles of
    Marketing, Financial Accounting, and Business
    Finance.
  • The minors programs supplements other majors by
    giving them a general economics or business
    orientation.
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