Faculty and Staff Meeting - University of Memphis · 3. Asst Prof, MSCM (Susy Jaramillo) 4. Asst...
Transcript of Faculty and Staff Meeting - University of Memphis · 3. Asst Prof, MSCM (Susy Jaramillo) 4. Asst...
Faculty and Staff Meeting
Damon M Fleming, PhD, CFADean | Professor of Accounting7 February 2020
Mike HoffmeyerDirector
Crews Center for Entrepreneurship
Kathy TubervilleDirector
Professional Development
Center
Mary CaywoodMarketing ManagerMARCOM
Michelle SidesDirector of Development
Development
Michele SidesDirector of DevelopmentFogelman College of Business & Economics(731) [email protected]
Damon M. FlemingDean
College
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New Hires Update
Full-time Faculty Hires
1. Asst Prof, ACCT (Hannah Smith)2. Asst Prof, MGMT (Steve Lanivich)3. Asst Prof, MSCM (Susy Jaramillo)4. Asst Prof, MSCM (Subash Jha)5. Asst Prof, MSCM (offer out)6. Visiting Asst Prof, FIR (TBA)7. Instructor, FIR (Allison Potter)8. Open rank, BIT (TBA)9. Free Enterprise COE (offer out)10.Wang COE (TBA)
Post-Doctoral Research Fellow Hires
1. ECON (Ahmad Osmani)2. BIT (Vladimir Ambartsoumian)3. ECON/Data Science/FIT (Kalidas
Jana)4. ECON/Data Science/FIT (Paul
Morarescu)5. BIT/ENT/MGMT (Steve Lanivich)6. BIT/MSCM/Green Mountain
Technologies (TBA)
Full-time Staff Hires
1. Pre-Award Coordinator (Shakita Conklin)
2. Facilities Services (Bruce Lipford)
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Carmen Astorne-FigariMBA Program Director (Professional and Online)
Associate Professor, Department of Economics
Fogelman faculty member since 2012
NSF grant-funded researcher
Emerging leader within the ECON Department, College, and University
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Curriculum Changes--Graduate
9 new MBA concentrations
6 new/revised graduate certificates
3 new MBA courses
4 course title changes
Admission freeze for IMBA program
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Faculty Workload Guidelines
Purpose: clear, concise, and equitable faculty workload guidelines for the FCBE
Linked directly to AACSB Faculty Qualification and Engagement Standards and FCBE Roles and Rewards document
Developed by FCBE Dean, Associate Deans, and Department Chairs
Approved by University Provost
Implemented for AY 2020-21 teaching loads
Available on the Faculty Resources webpage
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Measurement Year: AY 2019-20
Report Due: November 2020
CIR Visit: February 2021
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AACSB CIR Task Force
Purpose: data collection, strategy, and execution for AACSB CIR
Composition: Dean, Associate Deans, Accountancy Director, AOL Coordinator, others TBD
Colton CockrumAssistant Vice Provost
Assurance of Learning
SACS
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The Office of Institutional Effectiveness, Accreditation, and Academic Assessment (IEAAA)
Partnership with FCBE
Quality Assurance Funding (Gen. Education and Major Field Test)
US News and World Report surveys
SACSCOC
Program assessment reports5th Year Interim Report
Damon M. FlemingDean
SRI Multiyear
Comparison
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SRI Multiyear Comparison
Source: University of Memphis, Office of Financial Planning
FY14 Actuals FY15 Actuals FY16 Actuals FY17 Actuals FY18 Actuals
Net Tuition and Fees $ 21,977,883 $ 21,582,559 $ 23,299,146 $ 25,032,882 $ 25,479,454
Grants and Contracts Total $ 336,271 $ 283,249 $ 136,780 $ 121,210 $ 219,538
Other Revenues Total $ 13,579,480 $ 12,865,546 $ 13,262,182 $ 14,900,063 $ 16,352,173
TOTAL REVENUES $ 35,893,634 $ 34,731,354 $ 36,698,108 $ 40,054,155 $ 42,051,165 Transfers In $ - $ 13,505 $ 14,500 $ 150 $ (5,325)
TOTAL TRANSFERS $ - $ 13,505 $ 14,500 $ 150 $ (5,325)Direct Expenditures
Salaries and Benefits Total $ 19,620,876 $ 20,070,863 $ 20,844,030 $ 20,531,403 $ 21,430,956
Other Direct Expenditures Total $ 1,844,098 $ 2,249,770 $ 1,334,953 $ 1,454,095 $ 1,306,565
Total Direct Expenditures $ 21,464,974 $ 22,320,633 $ 22,178,983 $ 21,985,498 $ 22,737,521 Revenues Less Total Direct Expenditures $ 14,428,660 $ 12,424,226 $ 14,533,625 $ 18,068,807 $ 19,308,319
Total Administrative Support Costs $ 13,743,346 $ 13,474,915 $ 13,828,470 $ 14,878,940 $ 16,317,862
TOTAL EXPENDITURES $ 35,208,320 $ 35,795,548 $ 36,007,453 $ 36,864,438 $ 39,055,382
Revenues Less Total Expenditures $ 685,314 $ (1,050,689) $ 705,155 $ 3,189,867 $ 2,990,457
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Total Revenue and Expenditures
Source: University of Memphis, Office of Financial Planning
$(1,000,000)
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
25,000,000
30,000,000
35,000,000
40,000,000
45,000,000
FY 14 FY 15 FY 16 FY 17 FY 18
Net Revenue Expenditures
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Selected Financial Ratios FY 2018
Source: University of Memphis, Office of Financial Planning
53%
In State Tuition
UG + Grad Tuition / Total Revenue
37%
State Appropriation
State Appropriation / Total Revenue 51%
Salaries
Salaries and Benefits / Total Revenue
39%
University Admin Support
Admin Support / Total Revenue
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Research Expenditures
Source: University of Memphis, Office of Financial Planning
FY 14 FY 15 FY 16 FY 17 FY 18
Sponsored Research--FCBE $ 2,071,938 $ 1,159,212 $ 821,292 $ 380,576 $ 1,055,239 E&G Research--FCBE $ 2,349,860 $ 2,250,727 $ 2,252,246 $ 2,414,006 $ 2,384,062
Total--FCBE $ 4,421,798 $ 3,409,939 $ 3,073,538 $ 2,794,582 $ 3,439,301
Sponsored Research--University $ 32,022,648 $ 30,005,988 $ 29,554,239 $ 29,206,100 $ 35,445,674 E&G Research--University $ 17,838,310 $ 17,403,629 $ 17,719,433 $ 20,189,009 $ 23,997,290 Total--University $ 49,860,958 $ 47,409,617 $ 47,273,672 $ 49,395,109 $ 59,442,964
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FCBE Research Expenditures Compared to University
Source: University of Memphis, Office of Financial Planning
8.87%
7.19%6.50%
5.66% 5.79%
0.00%
2.50%
5.00%
7.50%
10.00%
12.50%
15.00%
FY 14 FY 15 FY 16 FY 17 FY 18FCBE % of University Total Research Expenditures
Damon M. FlemingDean
StrategicPlanning
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Strategy Development
Jul – Sep 2019
Sep – Oct 2019
Oct – Dec 2019
Dec 2019 –Jan 2020
Jan – Feb 2020
Data gathering; meetings with campus stakeholders; identification of strategic priorities
Strategic prioritizes analyzed; draft OKRs; dean and department chair review
Strategic planning task force; draft OKRs presented to Dean
Engage feedback on strategic priorities
Data collection; Final review; adopt OKRs
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Strategic Plan Task ForceAY 2019-20
Carmen Astorne-Figari (Economics)
Hunter Reed Faulkner (Undergraduate student)
Jessica F. Kirk (Management)
Kenneth Lambert (Accounting)
Napoleon Hill Overton (Finance)
Ernest L. Nichols Jr. (Marketing and Supply Chain Management)
Michael Hoffmeyer (Crews Center for Entrepreneurship)
Srikar Velichety (Business Information and Technology)
Emily Joy Wolfe (MBA student)
Carol Thomas (FCBE staff)
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Objectives and Key Results (OKRs)
Key results (KRs) are benchmarks and monitor HOW we get to the objective. KRs are to be specific and aggressive, yet realistic. KRs evolve as progress occurs until the objectives are completed. KRs are what we agree will be achieved, and we are willing to martial resources to ensure are accomplished.
Objectives (Os) are WHAT is to be achieved. Objectives are to be significant, action-oriented, and inspirational.
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Student Success
Transform students’ social mobility through business education
Agile Innovation
Deliver a transformative business education experience through agile innovation
Objectives
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Impactful Research
Engage in high levels of globally recognized and impactful research activity
Community Engagement
Be a value-added, essential partner to the university and external communities
Objectives
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Accelerated Equity
Empower all stakeholders to bring their authentic selves to acquire, create, and share knowledge
Transparent Accountability
Employ a process for achieving objectives that values transparency and accountability
Objectives
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Undergraduate Student Demographics
Key demographic data for all undergraduate students (n = 2,497)
Source: University of Memphis Office of Institutional Research, Accessed December 2019
42%
Gender
Female
29%
Racial Diversity
Black/African-American
41%
Economic Status
Pell-Grant
Fall 2019
33%
First-Gen
First-Generation
GPA3.27
ACT22.2
86%
Residency
Tennessee
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FCBE 6 Year Graduation Rate (Pell Eligible)(First Year Full Time Freshman--Last Major in College)
Source: University of Memphis, Office of Institutional Research, Accessed January 2020
48.10%
53.70%
46.80%
44.20%
56.10%
55.30%
66.70%
61.30%
62.10%
70.00%
67.80%
63.10%
69.10%
71.90%
0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00%
Fall 2007
Fall 2008
Fall 2009
Fall 2010
Fall 2011
Fall 2012
Fall 2013
Non-Pell 6 Year Grad Rate Pell 6 Year Grad Rate
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FCBE 6 Year Graduation Rate (First-Gen)(First Year Full Time Freshman--Last Major in College)
Source: University of Memphis, Office of Institutional Research, Accessed January 2020
45.10%
52.50%
52.60%
47.00%
57.50%
62.30%
63.60%
63.30%
62.50%
65.50%
61.30%
61.10%
64.70%
74.00%
0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00%
Fall 2007
Fall 2008
Fall 2009
Fall 2010
Fall 2011
Fall 2012
Fall 2013
Non-First-Gen 6 Year Grad Rate First-Gen 6 Year Grad Rate
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FCBE 6 Year Graduation Rate (Race)(First Year Full Time Freshman--Last Major in College)
Source: University of Memphis, Office of Institutional Research, Accessed January 2020
38.60%
53.70%
41.90%
35.10%
47.70%
50.00%
58.30%
68.60%
63.80%
70.20%
69.30%
65.50%
67.70%
74.60%
0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00%
Fall 2007
Fall 2008
Fall 2009
Fall 2010
Fall 2011
Fall 2012
Fall 2013
Race: White 6 Year Grad Rate Race: Black 6 Year Grad Rate
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