Faculty Meeting

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Faculty Meeting Monday, October 13, 2003
MICHAEL M. KNETTERDEAN
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Purpose

• Review Strategic Plan and Progress
• Preview Capital Campaign
• Comments and Questions

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School of Business Program Update
Deans Advisory BoardSchool of Business
Chicago Alumni Luncheon

• Undergraduate Program
• media rankings strong - U.S. News 11
• internal surveys show high satisfaction
• placement outcomes are excellent
• Faculty Research Program 14 in nation
• Executive Education in FT Top 20 in U.S.
• Evening and Executive MBA holding steady
• Full-Time MBA recent media rankings are outside
  top 30 (WSJ gt50, Forbes 38, Economist 72)
• student quality indicators trail peer schools
• internal surveys and focus groups reveal high
  variance in student satisfaction with program
• placement outcomes are weaker than peers

October 30, 2002
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School of Business Strategic Priorities
Deans Advisory BoardSchool of Business
Chicago Alumni Luncheon

• Masters Program Aspiration and Structure
• Alumni Network
• Faculty and Staff Recruitment, Retention, and
  Development
• World Class Infrastructure

October 30, 2002
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Deans Advisory BoardSchool of Business
Masters Program Vision
Chicago Alumni Luncheon
To be the school of choice for students who have
a clear career objective
October 30, 2002
Masters Program Objective
To provide educational experiences that
transform the lives of students
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UW-Madison MBACareer Specializations

ASAP
PRODUCT MGMT
ACFIN
REAL ESTATE
MKTG RESEARCH
OPS TECH MGMT
SUPPLY CHAIN
ENTREPRENEURSHIP
ARTS ADMIN

ACCOUNTING
INFO SYSTEMS
RISK

MGMT-HR

MGMT - LIFE / ENG SCI
2nd Year
1ST Year
ACCT FINANCE MKTG OPERATIONS
MGMT
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General Management MBA
Harvard, Michigan, Stanford, Dartmouth
2nd Year
ELECTIVES NO MAJOR
1ST Year
ACCT FINANCE MKTG OPERATIONS
MGMT
Traditional Major MBA
Indiana, Northwestern, Ohio State, Purdue

MARKETING
2nd Year
1ST Year
ACCT FINANCE MKTG OPERATIONS
MGMT
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Advantages of the UW Model
Deans Advisory BoardSchool of Business
Chicago Alumni Luncheon

• Students Personalized, focused experience with
  great networking opportunities
• Faculty and Staff Students have clear career
  objectives
• Recruiters Focused students with deep knowledge
  base
• Alumni Ease of connection with programs and
  students

October 30, 2002
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MBA Program Progress
Deans Advisory BoardSchool of Business
Chicago Alumni Luncheon

• Faculty unanimously adopted new core curriculum
  which will be fully implemented in Fall 2004
• Signe Ostby and Scott Cooks gift of 6.4 million
  established the Center for Product Management
• First-year class that began in Fall 2003 is
  smaller, stronger, and more concentrated in
  centers
• 2003 2002
• Enrollment 118 167
• Average GMAT 662 631
• Years of Work Experience 4.3 4.5
• Women 33 30
• Minority 11 13
• International 30 32

October 30, 2002
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MBA Program Progress
Deans Advisory BoardSchool of Business
Chicago Alumni Luncheon

• Campus Planning Committee has approved a building
  project for the School of Business.
• Key details
• Planning Phase 2007-09
• Construction Phase 2009-11
• Park Street side of Grainger Hall
• Preliminary cost estimate 25-30 million
• This is an opportunity to achieve many goals
• More space for undergraduate and graduate teams,
  organizations, and centers
• Better services and amenities
• A degree of separation between professional and
  undergraduate programs

October 30, 2002
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Nicholas Center
Deans Advisory BoardSchool of Business
Chicago Alumni Luncheon

• Ab Nicholas has established the Nicholas Center
  for Applied Corporate Finance with a 6.4 million
  gift.
• The Nicholas Center funding will be enhanced by
  an anonymous 2 million expendable gift to
  accelerate the growth in quality and scale.

October 30, 2002
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New Initiatives in Other Program Areas
Deans Advisory BoardSchool of Business
Chicago Alumni Luncheon

• Is MBA a diversion of resources?
• Core
• Centers and electives
• Impacts and initiatives by area
• Faculty and Research
• Undergraduate Education
• Executive Education
• Alumni Engagement
• Diversity

October 30, 2002
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Planning Process

• Strategic Plan articulates our major priorities
  to achieve our vision.
• Financial Plan projects the resources required
  for implementation of our plan.
• Capital Campaign must provide the margin of
  excellence to achieve our vision.

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Capital Campaign

• Public launch was Friday 1.5 bill
• Quiet phase started January 2000
• School of Business 43 million
• UW about 750 million
• Reasons we will accelerate in 03-06
• Leadership and planning transitions are complete
• Plans are appealing to alumni and allow a broad
  menu of gifts and gift sizes
• Delegation will allow more time for campaign work

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What can we do?

• Critical thinking and communication in
  implementation of our plans
• Involvement in execution of plans
• Faculty and staff roles
• Administrative roles
• Support of our plans

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Deans Advisory BoardSchool of Business
Chicago Alumni Luncheon
Questions and Discussion
October 30, 2002