Post on 23-Sep-2020
Budgetary
Hearing
2019-2020
Dillard College of
Business
Administration
Overview
• Vision and Mission
• AACSB Accreditation
• College Overview
• Financial Overview
• Issues
Vision
• OUR VISION is to be among the highest value
business programs, growing significantly in
scope, impact, and success for our
stakeholders.
Mission
• OUR MISSION is to graduate students ready to
succeed professionally in a dynamic
environment. The Dillard College also provides
specialized services that fuel the economic
development and empowerment of our region
and beyond.
AACSB Accreditation
• The Association to Advance Collegiate Schools
of Business
• Founded 1916
• Longest-serving global accrediting body for
business schools
• Less than 5% of world’s 13,000 business
programs… “The Gold Standard”
• Dillard Est. April 2010
AACSB Review
• 2014-2015 Accreditation extended for five years
• Faculty qualifications and AOL #1 reason for
accreditation issues
• March 24-25, 2019 PRT Chief Visit
• November 10-12, 2019 PRT Visit
College Centers
• Bureau of Business and Government Research
• Mamie Raborn Center for Economic Education
• Small Business Development Center
• Munir Abdul Lalani Center for Entrepreneurship
and Free Enterpise
• Dillard Center for Energy Management
• Nonprofit Center
Enrollment DCOBA & Minors
Major / Minor
Enrollment DCOBA Entry
SCH Production DCOBA
Gender DCOBA
0
100
200
300
400
500
600
700
Fall 2008 Fall 2009 Fall 2010 Fall 2011 Fall 2012 Fall 2013 Fall 2014 Fall 2015 Fall 2016 Fall 2017 Fall 2018
Female Male
Race/Ethnicity DCOBA
Geographic Region DCOBA
0 50 100 150 200 250 300 350 400
San Antonio Area
Oklahoma
Austin Area
Houston Area
All Other States
ESC Region IX Area
Other Texas…
Foreign
Metroplex
Wichita County
Fall 2018 Fall 2017 Fall 2016 Fall 2015 Fall 2014
Age Demographic DCOBA
Quality BBA MFT
77.5
77 77
75
73.5
74
74.5
75
75.5
76
76.5
77
77.5
78
2014-2015 2015-2016 2016-2017 2017-2018
Overall Percentile
Quality MBA MFT
85 85 85 85
0
10
20
30
40
50
60
70
80
90
2014-2015 2015-2016 2016-2017 2017-2018
Overall Percentiles
CPA Pass Rate/Rank
DCOBA Overall Course Quality
4
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.8
ProfessionalBusiness
Core
BusinessCore
ACCT BUAD ECON FINC LSBA MGMT MIS MKGT
3 Year Course Evaluation Averages
Instructor Course
Faculty by Department
DCOBA Intellectual Contributions
Staff
Budget
• Budget
FY16 FY17 FY18 FY19
Faculty/ Dean Salary and Benefits 3,254,842 3,338,982 3,396,605 3,489,304
Staff Salary and Benefits 412,131 446,360 522,684 538,077
Instructional Enhancement 116,037 137,453 140,207 135,242
Travel for all Departments 41,243 41,243 42,142 42,142
Maintenance and Operations Budget 45,540 45,540 45,540 45,540
HEAF Spending 9,556 2,447 6,700 11,518
Student Wages (Undergraduate) 13,197 13,197 13,197 13,197
Utilities 6,000 6,000 6,000 6,000
Small Business Development Center 163,252 164,468 108,819 108,828
Total 3,987,505 4,031,222 4,173,075 4,281,020
Budget (cont)
Restricted Funds Budget Summary FY16 FY17 FY18 FY19
SBDC Wichita County 115,897 34,896 41,681 108,737
Small Business Development Center 117,500 117,500 126,189 123,258
MSU Foundation - LJR Professorship 9,000 9,000 9,000 9,000
MSU Foundation - Madera Professorship 13,826 11,702 15,000 15,000
MSU Foundation - Raborn/Economic Education 13,998 14,971 10,073 9,991
MSU Charitable Trust - Dillard Special Fund 110,600 67,779 69,616 70,458
MSU Charitable Trust- Bridwell Finance Chair 13,826 8,523 8,519 8,580
MSU Charitable Trust - Lalani Center 8,345 8,964 7,018 7,210
MSU Charitable Trust - Lalani Dist Professor 2,500 2,500 2,500 2,500
MSU Charitable Trust - AACSB 26,400 30,000 25,000 30,000
MSU Charitable Trust - Faculty Development 13,000 30,000 25,000 22,000
MSU Charitable Trust - Student Support 28,000 30,000 25,000 22,500
Dillard Distinguished Professor 84,542 84,488 55,473 31,119
Dillard Energy Center 40,000 40,000 40,000 40,000
S. Rugely Distinguished Professor-Energy Acctg 159,656 43,798 42,569 43,276
Dillard Distinguished Professor-Energy Finance 49,314 50,686 31,568 32,091
Dillard Distinguished Professor-Energy Mgmt. 143,037 142,842 69,916 71,128
Total 949,441 727,649 604,122 646,848
Instructional Enhancement Fees
IEF RESERVE ACCOUNT FY 18FY 19 projected
Faculty Library Xerox 3,800 3,800
Half Advising Center Xerox 1,260 1,260
Part Time Academic Advisor Wages 12,888 13,000
Part Time Academic Advisor Fringe 985 1,000
Data Subscription for Star Lab Ticker 1,800 1,855
Crestron Replacement 71,766 -
Student Travel to M UN Team Event 1,900 -
Lemonade Day 5,000 -
Total 99,399 20,915
IEF STAR LAB ACCOUNT FY 18FY 19 projected
Subscription to Bloomberg 65,000 68,000
Travel Budget Travel Budget From State and Local Tuition
FY16 FY17 FY18 FY19
Dillard College of Bus Ad 7,568 7,568 7,568 7,568
Business Administration 7,568 7,568 7,568 7,568
Accounting /MIS Dept. Travel 8,103 8,103 9,002 9,002
Economics, Finance and Gen Business Department Travel 9,002 9,002 9,002 9,002
Management and Marketing Department Travel 9,002 9,002 9,002 9,002
Dillard Endowment
• Per agreement, minimum balance of $5,000,000
Asset Class Market Value 8/31/16
Market Value8/31/18
Market Value 12/31/18
Cash & Equivalents 62,423 137,266 190,527
Fixed Income Securities 1,253,319 1,348,629 1,338,199
Equities 4,440,225 5,365,592 4,506,701
Miscellaneous Assets 154,458 162,143 151,329
Total Account 5,910,425 7,013,630 6,186,756
Dillard Endowment
Dillard Trust Distribution FY16 FY17 FY18 FY19 FY20REQUEST
Dillard AACSB 13,200 30,000 25,000 30,000 32,000
Faculty Development 13,000 30,000 25,000 22,000 10,000
Student Support / Test Administration
14,00 30,000 25,000 22,500 25,000
Internationalization of Programs
7,500 18,100 23,800 20,000 20,000
Salary and Benefit Adjustments 14,710 16,400 16,700 17,000 15,000
Bridwell 13,830 500 500 500 500
Salary Support 62,892 53,500 54,500 55,000 57,000
Marketing/New Deans Initiative
- - 16,700 8,000 0
Dillard Financial Inv. Lab 32,500 - - - 0
Total 171,632 178,000 178,000 174,500 159,500
Dillard Trust Distribution
AACSB Accreditation Costs
Annual Direct Costs (Paid out of Dillard Endowment)
FY16 FY17 FY18 FY19(projected)
AACSB Annual Membership Dues 8,400 9,250 9,250 9,250
AACSB Conference Registration Fees - 7,905 2,990 3,000
AACSB Travel Expenses - 8,665 2,156 3,000
AACSB Consultant, Dr. Karen Tarnoff - - 5,746 -
Sedona Annual License 2,200 2,500 2,291 2,500
Major Field Test 5,255 4,810 5,800 6,000
Total 15,855 33,130 28,233 23,750
Mandatory Salary Support
Salary Support (Dillard Charitable Trust) 42241 2200 18
FY 2016 FY 2017 FY 2018 FY 2019
Fritzch 8,431
Fukasawa 3,000 Fukasawa 3,027 Vacant 3,027 Vacant 3,207
Patterson 5,973 Patterson 5,961 Patterson 5,524 Patterson 5,651
Tilker 1,069 Tilker 1,070 Tilker 980 Tilker 1,010
Owen 2,736 Owen 2,733 Owen 3,101 Owen 3,147
Zaidi 41,700 San Miguel 41,700 San Miguel 42,420 San Miguel 43,040
62,909 54,491 55,052 56,055
Fringe 14,710 Fringe 13,288 Fringe 14,384 Fringe 14,403
77,619 Total 67,779 Total 69,436 Total 70,458
MSU Foundation - LJR Professorship FY16 FY17 FY18 FY19
Salary and Fringe 6105 6019 6133 6272
Maint and Operations Budget Pool 2895 2981 2867 2728
MSU Charitable Trust- Bridwell Finance Chair
Salary and Fringe 6067 6023 6019 6080
Maint and Operations Budget Pool 7759 2500 2500 2500
MSU Foundation - Madera Professorship
Salary and Fringe 6067 6702 10000 10693
Maint and Operations Budget Pool 7759 5000 5000 4307
Dillard Distinguished Professor
Salary and Fringe 59542 59488 30473 31119
Maint and Operations Budget Pool 25000 25000 25000 0
S. Rugely Distinguished Professor-Energy Acctg
Salary and Fringe 157156 41298 40069 40776
Maint and Operations Budget Pool 2500 2500 2500 2500
Dillard Distinguished Professor-Energy Finance
Salary and Fringe 46814 48186 29068 29591
Maint and Operations Budget Pool 2500 2500 2500 2500
Dillard Distinguished Professor-Energy Mgmt.
Salary and Fringe 140537 140342 67416 68628
Maint and Operations Budget Pool 2500 2500 2500 2500
MSU Charitable Trust - Lalani Dist Professor
Salary and Fringe 0 0 0 0
Maint and Operations Budget Pool 2500 2500 2500 2500FY16 FY17 FY18 FY19
Total Salary and Fringe (w/o Special Fund) 422,288 308,058 189,178 193,159
Total Maint and Operations Budget Pool 53,413 45,481 45,367 19,535
Additional Salary and Fringe from Donor Accounts (Not Including Special Fund in Dillard Charitable Trust From Last Slide)
Travel supplemented with
Donor Funds
Travel funded from Donor Accounts in FY 18
Account Amount
Conference Travel BBGR 2,083
Conference Travel Faculty Dev 3,449
Internship Association Conference Student Support 560
AACSB Conference AACSB 3,420
Total 9,512
College Centers
• Quality
Dillard College Center Budgets FY16 FY17 FY18 FY19
Small Business Development Center 117,500 117,500 126,189 123,258
Mamie Raborn Center 13,998 14,971 10,073 9,991
Dillard Energy Center 40,000 40,000 40,000 40,000
Lalani Center for Entrepreneurship 8,345 8,964 7,018 7,210
Nonrprofit Center
Bureau of Business and Government Research
12,670 9,733 8,689 3,831
Fund Raising Efforts
• Agribusiness Concentration: $1,500,000 (5 yrs)
• Nonprofit Minor: $1,451,926 (5 yrs)
• Nonprofit Center: $70,000 (annually for 5 yrs)
• Warren Ayres Family Computer Lab: $75,000
• Ayres Endowed Business Scholarship: $50,000
• Yoshi Fukasawa Excellence Fund: raising
$25,000
• 100% Powered-by-Us participation
Issue: “Looming” Tech Needs
• Classroom Projectors: $75,000
• Einstein’s Stock Ticker: $20,000
• STAR Lab computers: $25,000
Issue: AACSB 25% Salary
Issue: Retirements and Salary
• Approximately 33% of faculty 60+
• Example: Assoc Prof Dr. Phil Wilson
• Current salary: $106,506
• AACSB 25th percentile for Asst Prof:
• All Faculty: $107,500
• “New hires:” $110,000
Issue: Class Sizes and Growth
• Lower Division
• BUAD 1033 – 64
• ECON 2000s – 51
• ACCT 2000s – 28
• MIS 2003 – 41
• Upper Division
• ACCT – 23
• ECON – 32
• BUAD (Stats) – 46
• FINC – 28
• Lower Division
• BUD 1033 – 64
• ECON 2000 – 51
• ACCT 200s – 28
• MIS 2003 – 41
• Upper Division
• LSBA – 40
• MGMT – 32
• MIS – 30
• MKTG – 29
Faculty Overloads, Summer
Teaching and Class Sizes
• Summer I
• 3 Lower – 43
• 12 Upper – 279
• 2 MBA – 39
• Summer II
• 1 Lower – 11
• 10 Upper – 216
• 2 MBA – 51
Issue: Soft Money / Hard Lines
• Dillard Energy professor may be hired this year
requiring fully-funding dean’s salary in future
• Mr. Dunkerley and Ms. White: $160,000 plus
fringe annually
42259 2203 12 Dist Prof Energy Mgmt FY16 FY17 FY18 FY19
Faculty Salaries Budget Pool $115,000.00 $116,150.00 $56,995.00 $58,078.00
Fringe $25,537.00 $24,192.00 $10,421.00 $10,550.00
M&O $2,500.00 $2,500.00 $2,500.00 $2,500.00
Total $143,037.00 $142,842.00 $69,916.00 $71,128.00
Summary
• No immediate funding needs … but some
looming tech issues
• Latent salary issues that retirements are likely
to exacerbate
• Growth = more faculty lines almost immediately