Roudebush Hall
Roudebush Hall, home of Miami's administrative offices

Division of Finance and Business

Unifying Goal: Promote a vibrant learning and discovery environment that produces extraordinary student and scholarly outcomes.

Objective 1: Prepare students for success at Miami and beyond through a liberal and applied education emphasizing inquiry-based experiential learning that integrates many disciplines.

Metric 1: Miami will achieve a six-year graduation rate of 85% and a four-year graduation rate of 75%.

Finance and Business Services (FBS) – There are no specific programs in the division that are focused on student retention. However, there are many indirect activities and programs that can affect student retention but these are reported elsewhere in the plan.

Metric 2: Within one year after graduation, 90% of graduates (excluding those enrolled in graduate or professional school) will be employed.

Finance and Business Services will identify university vendors and other partners who do business with the University but do not currently recruit Miami graduates for employment opportunities and will work with Career Services to encourage these organizations to participate in Miami’s career fair and to actively recruit Miami students for employment opportunities. The current metric is 40 vendors, and we aim to achieve 65 by 2016.

Strategies:

  • Compare the university’s vendor list to a list of companies that currently recruit Miami graduates.
  • Assign a FBS departmental and procurement representative to work with Career Services to contact these companies and encourage them to participate in the University’s job fair and other recruitment activities.

Challenges and Opportunities:

  • Gaining access to the hiring and employee recruitment contacts within these companies
  • Meeting this metric given the proximity of the vendor’s organization to Oxford, Ohio
  • Aligning the company’s employment opportunities with Miami graduates career choices
  • Addressing potential conflict of interest situations with these vendors.

Metric 3: Upon graduation, 80% of students who apply to graduate or professional school will receive at least one offer of admission.

This metric is not applicable to FBS.

Objective 2: Immerse faculty, undergraduate, and graduate students in research and creative scholarship that forms a vital part of the learning experience.

Metric 4: Continue to increase the quality and impact of scholarship or creative performance.

This metric is not applicable to FBS.

Metric 5: Upon graduation, all Miami students will have participated in a research (40%) or a similar experiential learning activity (100%), e.g., fieldwork, field or clinical placement, service-learning, public or private sector engagement, performances, and other applied learning activities.

FBS works with academic departments to offer applied experiential opportunities for students. These strategies and goals are listed more appropriately under metric 6 below.

Objective 3: Engage students with substantive co-curricular and internship opportunities that augment their learning and establish a strong foundation for lifelong success, growth, and adaptability.

Metric 6: 75% of Miami students will complete an internship before they graduate.

Finance and Business Services will identify university vendors and other partners who do business with the University but do not offer internship opportunities to Miami students and will work with Career Services to encourage these organizations to participate in Miami’s internship expo and offer Miami students the opportunity to compete for internships offered by these organizations. Currently, we have no vendors offering internships. Our goal is to add twenty vendors who offer internship opportunities by 2016. Currently, FBS provides eight internships to Miami students, and we are unsure of the number of applied experiences we offer to students. Our goal is to increase those opportunities to 18 internships and 10 applied experiences by 2016.

Strategies:

  • Compare the University’s vendor list to a list of companies that offer internship opportunities to Miami students.
  • Assign an FBS department and a procurement representative to work with Career Services to contact these companies and encourage them to participate in the University’s internship expo.
  • Create new internships and other applied experiences as part of the FBS operations.
  • Work with academic departments to develop new internship opportunities for students within FBS.
  • Work with academic departments to develop FBS-related class projects that offer students “real world” opportunities to apply their knowledge and gain practical experience.

Challenges and Opportunities:

  • Gaining access to the hiring and employee recruitment contacts within these companies
  • Meeting this metric given the proximity of the vendor’s organization to Oxford, Ohio
  • Aligning the company’s employment opportunities with Miami graduates career choices
  • Addressing potential conflict of interest situations with these vendors
  • Aligning student interests with internship opportunities and applied experiences within FBS
  • Identifying existing funds to establish the FBS internship opportunities
  • Developing internships and applied experiences that provide value to the student and the sponsoring department
  • Identifying opportunities for students beyond the business school.

Metric 7: 95% of Miami students will have two or more co-curricular experiences before they graduate.

The following student organizations or other co-curricular experiences are sponsored by FBS:

  • Outdoor Leadership Living Learning Community - 60 freshmen participants.
  • Emerging Leaders Program – 80 participants.
  • Team Building Program – 2,200 participants.
  • Midwest Outdoor Leadership Conference – 10 participants.
  • Club Sports Program – 1,500 participants.

Currently, FBS-sponsored experiences involve 3,850 student participants.  Our goal is to increase that number by 10% (to 4,250) by 2020.

Strategies:

The Outdoor Pursuit Center and Club Sports Program will assist in growing the number of students participating in leadership programs and club sports through the following:

  • Develop additional leadership programming.
  • Increase the number of club sports offered (currently 50).
  • Improve the marketing of current and future programs.
  • Use existing participants to recruit future participants.

Objective 4: Offer flexible pathways to and through the University, including interdisciplinary, e-learning, and multiple degree options, to help students achieve timely and cost-effective completion.

Metric 8: 20% of our students will graduate with multiple degrees, majors, or co-majors, and 5% will graduate with a combination bachelor and master's degree.

This metric is not applicable to FBS.

Metric 9: 60% of degree programs can be completed in three years or less through curriculum revision and by using different pedagogical approaches and modes of delivery.

This metric is not applicable to FBS.

Metric 10: Increase the online and hybrid credit hours to 10% of the total credit hours.

This metric is not applicable to FBS.