1. 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

2. 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, 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

3. COBAIS RC - Financial Outlook
E&G General
Original Budget FY
Budget Request FY FY
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

4. 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

5. COBAIS RC – Financial Outlook (Adjusted)
E&G General
Original Budget
Budget Request
Adjusted FY FY FY
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

6. 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