COBAIS RC Purpose: To provide education, inspired by innovation and global leadership, to prepare today’s students for the challenges of tomorrow. Composition: 6 Departments; 5 Undergraduate degree programs 4 graduate degrees 36 Tenured or tenure-track faculty Small Business Development Center Northwest Alliance

COBAIS RC 2016 Society for the Advancement of Management National Case Study Competition Undergraduate National Champions, 2nd Place in the Open competition with 1 Senior and 3 Freshmen Brendan Shepard won $2,500.00 in venture funding in the PASSHE Entrepreneurship competition 96% placement of 2015 graduates (employment and graduate school) From the 2016 Faculty Scholarship Recognition program: 78% of peer reviewed journal articles 85% of refereed presentations 100% of poster presentations 100% of refereed presentations 100% of book chapters

COBAIS RC - Financial Outlook E&G General Original Budget FY 2015-16 Budget Request FY 2016-17 FY 2017-18 Revenue Personnel Expense 7,187,347 7,428,363 7,465,125 Non-Personnel Expense 378,967 328,800 296,300 Net Budget Request 7,566,314 7,757,163 7,761,425 Increases/(Decreases) to FY16 Original Budget 241,016 277,778 (50,167) (82,667) Total Change to FY16 Original Budget 190,849 195,111

COBAIS RC – Budget Realignment Over 10% of regular faculty on sabbatical in Fall 2016 For FY 17, not filling a vacancy in Accounting (savings $153,749) For FY 17, not filling a vacancy in Marketing (already computed) For FY 17 additional savings from non-personnel ($55,200) New budget adjustments of: ($208,949) Chancellor's budget savings target for FY 2017 = $155,519 Exceeded the Chancellor’s target by $53,430

COBAIS RC – Financial Outlook (Adjusted) E&G General Original Budget Budget Request Adjusted FY 2015-16 FY 2016-17 FY 2017-18 Revenue Personnel Expense 7,187,347 7,428,363 7,274,614 7,465,125 Non-Personnel Expense 378,967 328,800 273,600 296,300 Net Budget Request 7,566,314 7,757,163 7,548,214 7,761,425   Increases/(Decreases) to FY16 Original Budget 241,016 87,267 277,778 (50,167) (105,367) -82,667 Total Change to FY16 Original Budget 190,849 (18,100) 195,111

COBAIS RC – Highest Priority Activities Enrollment, Enrollment, Enrollment 68% of freshmen surveyed identified accreditation and reputation as reasons why they chose Clarion’s business program. Promote the new MSAcc and MSDA Strategic review of curriculum to ensure alignment with Global Business and Entrepreneurism Fall 2017 accreditation visits for ALA and AACSB