UNIVERSITY FACULTY SENATE FORMS

 

Academic Program Approval

 

This form is a routing document for the approval of new and revised academic programs.  Proposing department should complete this form.  For more information, call the Faculty Senate Office at 831-2921.

 

 

Submitted by: Ajay Manrai_______                                     phone number:  302-831-1770

                               

Department:  Lerner College MBA Programs                email address: manraia@lerner.udel.edu

                                                                                                                                                                                                             

 

Action:  Revise Concentration in the Full-time and Part-time MBA programs____________                

(Example:  add major/minor/concentration, delete major/minor/concentration,  revise major/minor/concentration,  academic unit name change, request for permanent status, policy change, etc.)

 

Effective term:  Fall 2009__________________________________

                                                (use format 04F, 05W)

 

Current degree: MBA____________________________________

                                    (Example:  BA, BACH, BACJ, HBA, EDD, MA, MBA, etc.)

 

Proposed change leads to the degree of: MBA (no change)________________________

                                                                                             (Example:  BA, BACH, BACJ, HBA, EDD, MA, MBA, etc.)

 

 

Proposed name: Rename New Venture Creation concentration to Concentration in Entrepreneurship

                                            Proposed new name for revised or new major / minor / concentration / academic unit

                                                                                (if applicable)

 

Revising or Deleting: 

 

Undergraduate major / Concentration:______________________________________

                                                                                    (Example:  Applied Music – Instrumental  degree BMAS)

 

Undergraduate minor:____________________________________________________

                                   (Example:  African Studies,  Business Administration,  English, Leadership, etc.)            

 

Graduate Program Policy statement change:_________________________________

                                                                  (Must attach  your Graduate Program Policy Statement)

 

            Graduate Program of Study:______________________________________________

                                 (Example:  Animal Science: MS  Animal Science:  PHD  Economics: MA Economics: PHD)

 

 

Graduate minor / concentration: Revising and renaming “New Venture Creation”

        concentration

 

Note: all graduate studies proposals must include an electronic copy of the Graduate Program Policy Document, highlighting the changes made to the original policy document.

The following web link provides the details of the current “New Venture Creation” concentration:

http://www.lerner.udel.edu/mba/mba.net/ProspectiveStudents/Concentrations/NewVentureCreation.aspx

 

List new courses required for the new or revised curriculum. How do they support the overall program objectives of the major/minor/concentrations)?

 (Be aware that approval of the curriculum is dependent upon these courses successfully passing through the Course Challenge list. If there are no new courses enter “None”)

n/a

Explain, when appropriate, how this new/revised curriculum supports the 10 goals of undergraduate education: http://www.ugs.udel.edu/gened/

n/a

 

Identify other units affected by the proposed changes:

(Attach permission from the affected units.  If no other unit is affected, enter “None”)

The Departments of Business Administration, Accounting & MIS and Finance have participated fully in the proposed revision.  The MBA committee, which has representatives from all three units, has approved the proposal.

 

Describe the rationale for the proposed program change(s):

(Explain your reasons for creating, revising, or deleting the curriculum or program.)

 

Background:  The New Venture Creation concentration was conceived in 1997 to offer the MBA student a concentration that emphasized the development of new business ventures.  Lerner College course offerings have broadened and the focus of the concentration has changed to entrepreneurship.  Entrepreneurship is not just about creating an organization, but also adapting, sustaining, and growing that organization.

 

Action 1: Change name of New Venture Creation Concentration to Entrepreneurship Concentration

The purpose of the concentration would be to provide an educational opportunity whereby the students can apply the breadth of disciplines in the MBA curriculum to focus on creating, adapting, sustaining, and growing an organization.

 

Action 2: Modify requirements

The requirements would be modified to retain the breadth of the MBA and focus a variety of disciplines on issues germane to entrepreneurial organizations.  Twelve credits are required from the courses below, with a minimum of three credits from each area.

 

Business Administration (or Management/Marketing)

BUAD 871 Managing for Creativity and Innovation

BUAD 872 Organizational Development and Change

BUAD 881 Research Methods for Marketing Decisions

Finance/Accounting

ACCT 820 Financial Statement Analysis and Valuation

ACCT/FINC 857 Private Equity/Venture Financing (pending)

FINC 860 Financial Modeling and Valuation (pending)

FINC 854 Special Topics in Finance (e.g., Small Business Finance)

Capstone Project Course

ENTR 860 High Technology Entrepreneurship

BUAD 899 Business Consulting Project

 

Program Requirements: 

(Show the new or revised curriculum as it should appear in the Course Catalog.  If this is a revision, be sure to indicate the changes being made to the current curriculum and include a side-by-side comparison of the credit distribution before and after the proposed change.)

No change is required in the course catalog

 

 

 ROUTING AND AUTHORIZATION:        (Please do not remove supporting documentation.)

 

Department Chairperson                                                                                                         Date                                        

 

Dean of College                                                                                                                      Date                                        

 

Chairperson, College Curriculum Committee___________________________________Date_____________________

 

Chairperson, Senate Com. on UG or GR Studies                                                                   Date                                        

 

Chairperson, Senate Coordinating Com.                                                                 Date                                        

 

Secretary, Faculty Senate                                                                                                        Date                                        

 

Date of Senate Resolution                                                                                                       Date to be Effective

 

Registrar                                                                  Program Code                                         Date                                        

 

Vice Provost for Academic Affairs & International Programs                                                Date                                        

 

Provost                                                                                                                                    Date                                        

 

Board of Trustee Notification                                                                                                  Date                                        

 

Revised 10/23/2007   /khs