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College of Business

College of Business. Profile College established 2004 (former Harriman School) 303 MBA Students 1260 Undergraduate Majors, 266 minors 16 Faculty Members, 9 with Ph.D. Current Base Budget: $2.5 million. Strengths

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College of Business

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  1. College of Business Profile College established 2004 (former Harriman School) 303 MBA Students 1260 Undergraduate Majors, 266 minors 16 Faculty Members, 9 with Ph.D. Current Base Budget: $2.5 million

  2. Strengths • Full-time, Executive Program, BS/BA-MBA Fast Track, Joint MBA-masters; popular concentrations for MBA and undergraduates • Small core of productive research faculty with publications in top tier journals Weaknesses • 1700 students served by 16 full-time faculty & 30+ adjuncts • Far short of peer universities and minimum accreditation requirements; Need accreditation to compete for high achieving students • Dated, low quality facilities & technology College of Business

  3. Goals & Strategies • Hire 11 Ph.D. faculty members to meet minimum requirements (Approx. cost= $1.5 million per year); Achieve accreditation by 2015 • Increase MBA enrollments to 400 by Fall 2015; control undergraduate enrollments • Create MBAs in Finance & Health Care Management, concentrations in Innovation and Sustainable Business, Accounting track • Expand non-state sources of revenue • Build state-of-the-art learning facilities • Hire 13 more faculty 2015-2020 College of Business

  4. Establish Centers for Research & Practice • Center for Innovation • Center for Health Care Management • Center for Operational Excellence • Build on our expertise and alliances across Stony Brook College of Business

  5. Summary: By 2015, Stony Brook will have • An AACSB-accredited business school • 20 tenure-track faculty members producing high-quality research and a providing solid foundation for future growth. • New Centers, MBAs, and concentrations • Ties to SUNY plan for outreach • This will be accomplished by • A modest base budget increase ($1.5 million) • Judicious faculty hiring • Careful enrollment management College of Business

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