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College of Business Washington State University
9/12/2018 College of Business Washington State University Dr. Eric R. Spangenberg, Dean College of Business Washington State University Template B-curves
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WSU and the College of Business
5 Campuses, 27,329 Students, $1.7B Budget College of Business Academic Year 2011/12 Faculty Undergrad MAcc MBA PhD Pullman 50 1,270 54 64 Distance Programs System-wide 430 90 Vancouver 15 307 33 Tri-Cities 6 137 Spokane Everett TBD
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College of Business Vision & Strategic Priorities
The College of Business at Washington State University will be recognized as a leading business school among our land-grant peers. Strategic Priorities: Research: We are committed to conducting quality research, publishing in our fields’ premier journals, and preparing doctoral students for academic careers. Global Outlook: We are committed to broadly developing an appreciation in our students for the cultural and social dimensions of the global business environment. Professional Perspectives: We are committed to developing professional and responsible future business leaders. Innovation: We are committed to fostering innovative ideas and entrepreneurial thinking in our students and faculty.
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A Changing Funding Model
State funding dropping precipitously From 2005 to now, 92% increase in-state tuition Tuition revenue replacing state appropriation tuition approximately 30% of WSU budget tuition approximately 50% of WSU budget Resultant evolution of our funding model More flexibility in central tax on self-supporting Encouraging entrepreneurial approaches Slow transition to cost-based funding Tuition sharing and tuition premium (pending)
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Our Move to Financial Independence
FY 05 FY 11 Shift from 74% state funding to 68% in approximately 6 years. Does not count $13.1M in Estate Commitments over the past year.
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Strategic Opportunities
Face-to-face MBA – Redesign in Process Executive MBA - Spokane - started and shelved Online MBA - initiated Online Executive MBA - initiated Undergraduate online programs - ramped up Ph.D. tuition sharing models Opportunities International onsite degree offerings 2+2 international partnerships
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Moving Forward Since 2008 we’ve lost over 20 faculty – some of our top researchers But… 2011 is largest incoming freshman class in history of WSU by a large margin New funding model will support rebuilding faculty Research Foci Behavioral Business Research Corporate Governance and Stakeholder Interests International
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