Assessment
The associate dean works closely with the dean, the assistant dean for administration and members of the assessment team to insure that the academic programs housed in Saint Louis University's Richard A. Chaifetz School of Business are regularly and thoroughly assessed.
The Richard A. Chaifetz School of Business continually examines and adjusts its academic programs so the students' educational experience is the very best it can be.
The assessment team is made up of representatives from each of the seven academic departments, as well as the undergraduate and graduate business program offices, the Ph.D. program and the Madrid campus.
Each of the team members is charged with working with their chair and faculty to design, implement and maintain an assessment plan for their respective departments or programs. This involves writing learning objectives, assessing student learning through the use of direct and indirect measures, reporting the results and closing the loop in order to assure continual improvement.
Program Learning Outcomes
Each of the academic programs in the Richard A. Chaifetz School of Business has a set of learning outcomes that clearly outline the knowledge and skills that students are expected to gain during their time at Â鶹´«Ã½.
These outcomes reflect the scholarship and rigor necessary for graduates to become
successful in their respective fields within the world of business.
Every year these outcomes are assessed, both to help insure that students are learning
as well as to maintain a culture of continuous improvement. Members of the Richard
A. Chaifetz School of Business Assessment Team partner with their faculty and staff
colleagues in St. Louis and Madrid to collect and analyze data, propose program enhancements
and implement changes when necessary.
The result is an atmosphere steeped in assurance of learning values; where students are challenged and the quality of academic programs is continually improved.
- Students will develop a basic understanding of the key functions of business: accounting, economics, finance, international business, management, information technology management, marketing, operations and statistics.
- Students will develop the ethical standards, leadership skills and business decision-making skills necessary to perform effectively in a professional context.
- Students will participate in experiential learning in at least one of the following ways: internships, class projects, simulations, interaction with members of the business community or service leadership.
- Students will practice problem analysis and decision-making, both individually and as part of teams and groups, using vehicles such as written or oral communication, technology, problem and case analysis, integrated modules and consulting opportunities.
- Students will develop an awareness of globalization and its impacts on people, businesses and the economy.
- Students will develop a strategic level understanding of the key functions of business: accounting, economics, finance, international business, management, marketing, operations and statistics.
- Students will practice problem analysis and decision-making and present results, both individually and as part of teams and groups, using vehicles such as problem and case analysis, integrated modules and live-consulting opportunities.
- Students are aware of globalization and its impacts on people, businesses and the economy.
- Students are encouraged to participate in at least one service learning experience during the course of their studies, as well as participate and assume leadership roles in student and community organizations.
- Students are exposed to values issues and application of values to business professions in case analysis and in classroom interaction.
- Students will develop a strategic level understanding of the key functions of business: accounting, economics, finance, international business, management, marketing, operations and statistics.
- Students will practice problem analysis and decision-making and present results, both individually and as part of teams and groups, using vehicles such as problem and case analysis, integrated modules and live-consulting opportunities.
- Students are aware of globalization and its impacts on people, businesses, and the economy.
- Students are encouraged to participate in at least one service learning experience during the course of their studies, as well as participate and assume leadership roles in student and community organizations.
- Students are exposed to values issues and application of values to business professions in case analysis and in classroom interaction.
- Students understand international business with an emphasis on cultural diversity, adaptation, and maintaining integrity in scholarship, instruction and practice.
- Students evaluate the implications of international dimensions and their effects on day-to-day business operations and strategy.
- Students recognize the risks and opportunities that face multinational organizations in the global arena.
- Students perform individual research on a question, issue or problem and then relay their results to professors and classmates using appropriate exposition techniques.
- Students practice impartial evaluation of the merits and applicability of reports or articles in both academic and popular publications.
- Students apply theoretical concepts expressed in class to case studies or real-life situations in their workplaces.
- Students understand that multinational firms have a global responsibility of improving the various communities within which they operate.
- Students understand the benefits of working in teams composed of people from various ethnic, educational and work-experience backgrounds.
- Second-year students will serve as mentors for one or more incoming students.
- All students alternate leadership roles in small groups thereby requiring all students to practice group leadership skills.
- Students speak with and advise undergraduate international business majors.
- Students understand the social responsibility aspect of doing international business.
- Students recognize the impact of their managerial choices on various environmental issues in different multinational contexts.
- Students understand that moral and ethical behavior will often differ from behavior that is merely legal.
- Apply an integrated enterprise approach of flow of goods, services and information from suppliers to customers.
- Use quantitative techniques and computer models for analyzing and controlling manufacturing, inventory and operations management systems.
- Analyze supply chains using a business process approach.
- Apply analytical and computer models to facilitate logistics decisions.
- Use purchasing and strategic sourcing concepts to optimize supply chain operations.
- Apply the lean sigma approach to impose the quality of supply chain processes.
- Understand the current technological issues needed to manage the flow of information in supply chains.
- Collect, interpret, evaluate and analyze data relevant to supply chains.
- Apply quantitative and computer models needed to make effective supply chain management decisions.
- Apply knowledge of relevant professional standards and the regulatory environment to resolve financial reporting issues of U.S. business (including not-for-profit) entities.
- Apply knowledge of tax laws for planning (including financial planning) and compliance purposes.
- Recognize and evaluate areas of potential legal concern in the business environment and demonstrate understanding of the role of legal issues in risk assessment.
- Recognize and evaluate areas of potential risk in an entity’s business processes and information technology environment.
- Gather, interpret, evaluate, analyze and apply relevant professional standards to complex accounting-related issues, and come to well-reasoned standards.
- Apply analytical and quantitative techniques to analyze financial statements within the context of risk assessment and firm valuation.
- Communicate complex ideas and thought effectively both orally and in writing.
- Work effectively in diverse teams and employment settings toward a common goal.
- Identify ethical issues and decision alternatives by incorporating appropriate professional codes of conduct and social responsibility.
- Demonstrate professional conduct and demeanor in business settings.
- Students advance their knowledge of economic and financial theory including empirical modeling.
- Students demonstrate analytical proficiency with the use of rigorous quantitative techniques employed in the fields of finance and economic forecasting.
- Students research topics both theoretically and empirically to design and evaluate appropriate modeling.
- Students clearly articulate, in both oral and written framework, the methodologies used and the results of the findings.
- Students work in teams to simulate group decision-making, prioritization and optimization in a global environment.
- Students peer review work-in-progress to learn constructive criticism in a collegial environment.
- Demonstrate professional conduct with an emphasis on ethical decision-making.
- Students demonstrate their knowledge of the relevant literature and theories in the following areas: marketing theory, consumer behavior, international business, international marketing theory and global business strategy.
- Students shall be able to complete a research project that creates meaningful new knowledge in their chosen discipline.
- Students shall be able to create both written and oral research reports.
- Students shall be able to apply appropriate quantitative and qualitative analytical techniques.
- Students will work effectively with each other and in small study groups that are composed of others from various ethnic, educational and work experience backgrounds.
- All students will alternate leadership roles in small groups thereby requiring all students to practice group leadership skills.
- Students understand and exhibit ethical practice in use and identification of published, unpublished, and electronic sources of information.
- Students understand and practice appropriate safeguards in the use of human subjects in research.