On Our Way 2018-2021 www.cibu.edu - CIBU goals and strategies towards 2021 - California International Business ...
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o n o u r way cibu Mission, Vision and Supporting Objectives Mi s s i o n Su p p o rt i ng Ob j e ct i ves At CIBU we are ambitiously and constantly dedicated The objectives are based on responding to the mission to developing and offering relevant education programs and other challenges as well as fulfilling the needs of the that: global marketplace. The University shall pursue the following objectives to sustain and strengthen our • Ensure that graduates have the right competences position as a leading non-profit international private for the corporate world business university: • Optimize the possibilities of the individual • Provide a world-class education That is CIBU’s contribution to American and global • Offering attractive educational programs, competitiveness. suitable for everyone • Remaining the preferred partner of the Vi s i o n corporate world It is CIBU’s vision to be the most international and inno- • Being an exciting, stimulating and vative business university in California - renowned for our attractive workplace faculty and staff - to professionally optimize and facilitate • Running an effective institution the learning process of our students. 3
o n o u r way cibu Strategic directions for CIBU 2018 At California International Business University (CIBU) The cornerstones mark our mission. It is our most vital we take pride in joining forces with Niels Brock and its task to create a CIBU where everybody - no matter what impressive 140 year history. But even more so, we take their background - will be as competent as possible. As pride in having the strategic partnership with an ambi- we all know the first cornerstones is realized through the tious educational institution that aims at being at the other three cornerstones. The quality of our educational educational forefront of technology and learning with programs will be dictated by collaborating with and a clear global perspective. CIBU has an international helping each other, by students and teachers spending approach which mirrors the challenges our students will more time together - and by all of us working smarter experience once they graduate. and efficiently. S uc c e s s i s bas e d u p on a Cl ear g oals fo r t he y ear s to c ome we l l-de fi n e d p l ay i n g f i e l d CIBU is in a process of change. With a view to secure At CIBU we are all - from cellar to attic - aware of the a long-term foundation for the university, we are seek- solid lines of the playing field. We are all familiar with the ing an accreditation, (WASC) , which is a better fit for the four cornerstones: university and its strategic direction. We can however, only accomplish our goals by focusing on quality and • We must continue to increase quality; working smarter. • We must collaborate with and help each other (even more); When it comes to teaching, both for our graduates and • Students and teachers must spend more time non-degree students, we are building upon a strong together; and foundation. Our outbound education, including study • We must work smarter and more efficiently. visits, tours, and business challenges offer more than sideline viewing - the education exposes the students to direct case involvement. Furthermore, the case involve- ment is ideal as it requires situational comprehension, critical reasoning, and problem-solving.Each term we offer dozens of outbound experiences, organizational 4
visits, in-class speakers, mentors, and study tours (to We will work smarter by improving the use of digital Los Angeles, San Francisco/Silicon Valley and Mexico). learning platforms, applying e-books and utilizing e- The educational playing field is centered around corner- learning platforms. Based upon the activities carried out stone number three. in 2017, faculty will continue to get training in Moodle (a learning platform) and be encouraged to take advantage It lies in CIBU’s DNA, that our education is context- of the digital solutions available. In the administration critical reasoning and problem-solution oriented. The department, we have introduced Campus Nexus - which university’s approach brings the various elements of the will integrate several of the administrative functions. taught-modules and the theoretical toolbox into practice. We not only teach the students how to solve problems, Campus Nexus will assist in making administrative but exercise their problem-solving capabilities. What our functions easier and will help to harvest synergies. The students are taught in the classroom is directly transfer- aforementioned part of the strategy is centered around able to similar challenges and opportunities in both their cornerstone number four. professional and personal life. The strategic direction for CIBU also includes the current We need to strengthen the ties between theory and our financial challenges CIBU is facing. In close coopera- outbound teaching as we move towards the strategic tion with Niels Brock, CIBU has increased the number of goal. Therefore, we have started the process of a curricu- students from Denmark. This strategic direction, that we lum review of all of the MBA courses. We are augmenting have set out, is only possible when we use the entire stronger academic curriculum and we are in the process educational playing field set out by the four corner- of introducing a keystone project. Also, several faculty stones. members have formed a research committee with a view to support and discuss papers and publications. This part of the strategy is centered around cornerstones number one and two. 5
Kpi’s for CIBU WORLD CLASS EDUCATION PROVIDING ATTRACTIVE EDUCATION Annual increase in satisfaction and achievement. Annual increase in student numbers. STRATEGIC KPI 2021 Activated Mission: Accreditation · All degree programs are evaluated by external · Meet WASC standards. employers. Data collected from external employers has an average score of “Strongly Agree” for each of Level of Graduate Satisfaction the questions on the survey. · Data collected for Level of Graduate Satisfaction has · 80% of external employers “Strongly Agree” that all an average score of “Very Satisfied” for each of the the degree programs have marketable curriculum. questions on the survey. Student Learning Outcomes: Relations with Students · Capstone / Thesis in all of the degree programs, · 85% of alumni refer CIBU to one friend/family is practical / applied. Students work on a qualitative/ member. quantitative research capstone/thesis in · Develop CIBU Student Ambassador Program collaboration with a faculty approved, local employer. (Ambassadors are the official student represen- · 100 % of the capstone / thesis courses are passed tatives, campus/city tour guides, and orientation with a B+ or higher. leaders of CIBU). Qualified enrollment only Attractive Programs · Average IELTS, ACT, SAT, GRE and GMAT scores are · 75% of students agree that CIBU provides 10% higher than the admissions requirement. “Attractive Education”. · Host at least two open houses per year, in the Retention San Diego community. · University retention rate is 4% higher than baseline · Five students participate in education abroad rate. program. Student Satisfaction Profit · Data collected for Student Satisfaction has an · $1,100,000. average score of “Strongly Agree” for each of the questions on the survey. Intake · On the Student Satisfaction Survey, 95% of students · 550 students - degree and non-degree. agree that the university provides “World Class · Cohort of at least fifteen students each for the 4 Education”. specializations at BSc and MBA · Alumni Involvement Fundraising $300,000 USD - Innovation / Entrepreneurship or equivalent. - Management / Finance - Hospitality / Tourism Rigor - Marketing / Media · 75% of students agree that CIBU is an environment in which they are expected to learn at high levels, and each is supported so he or she can learn at a high level. · 75% of faculty members agree that each student demonstrates learning at a high level. General Education · Consistently providing the first two years - every year to a new cohort - of an undergraduate education, including a General Education program. 8
THE LABOR MARKET ’S 1ST CHOICE EFFICIENT, PROFESSIONAL AND OF EDUCATIONAL PARTNER STIMULATING WORK ENVIRONMENT SUSTAINABLE OPERATIONS Annual increase in numbers of guest lectures, Annual increase in job satisfaction rating as well as job Transferring administrative procedures to IT-based company visits and employability ratings. involvement for engaged and highly qualified staff. alternatives, general savings and professionalization. Research-based knowledge sharing Academic and Administration Satisfaction Institutional Planning · At least two research publications per year - · 90% Staff and Faculty agree that CIBU offers a · Implement and document the strong involvement from faculty or students. stimulating work environment. by the local stakeholders of the institution - including · CIBU is hosting an annual conference on applied · 70% of Staff and Faculty have recommend an the board, faculty, staff, students, alumni, and research. outside colleague to work at CIBU. employers. · Institutional planning based on data - taking into Level of Employer Satisfaction Faculty Governance consideration market need. Such a plan should · Data collected for Level of Employer Satisfaction · 80 % of Faculty agree that they are actively involved have timelines on a year-by-year basis with clear has an average score of “Strongly Agree” for each in governance including the development and and measurable goals and budget implications, of the questions on the survey. assessment of curriculum. backed up by regular monitoring by the CIBU board. Partnerships Competences and collaboration Campus Effectiveness · All programs feature at least one guest lecture · 80 % of Faculty agree that they are actively involved · Have at least one meeting per semester to assess per class and two company visits per program in the development of research. and continuously improve the university’s overall per semester. educational operations and to discuss how it plans · Dean of Student Affairs/Designee contacts 80% Terminal degrees to meet the educational and occupational objectives of Graduates/ CPT/OPT/and other related · 90% of faculty new hires will have doctoral degrees. of its programs, taking into consideration its review “employers”. of all organizational functions. · Develop database that has over 50 company contacts or guest lecturers, to be available for Effective organization faculty. · 25% reduction on assignment correction/feedback · Develop Executive/Entrepreneur-in-Residence time by introducing reliable digital tools. Program to offer guidance/ mentorship to student · 100% of student and instructor textbooks and executives/ entrepreneurs. resources are online. · Develop an incubator to help facilitate entrepre- · Have at least one organizational effectiveness neurial ideas from the classroom and into the meeting per year (Organizational effectiveness market place. meeting participants help with the design of new business strategies for the university). Placement · 85% of graduates are employed within 3 months Publications of graduation. Employed is defined by full-time · “Truth in advertising” when promoting operations. (32 hours or more). 100% for U.S. citizens. Publications prepared and presented in a · All degree students from CIBU have the professional manner. opportunity to participate in an internship, in a company/organization of interest. Library Resources and Services · 95% of all graduates agree that the learning · 80 % of students and faculty agree that the library aspects from the program has/will enhance resources and information services are appropriate career prospects. to the academic level and scope of the institution’s programs. · 80 % of students and faculty are satisfied with the quality, relevance, accessibility, availability, and provision of the library resources and support services 9
Kpi’s for CIBU WORLD CLASS EDUCATION PROVIDING ATTRACTIVE EDUCATION Annual increase in satisfaction and achievement. Annual increase in student numbers. YEAR-KPI 2018-2019 Student Learning Outcomes Accreditation · Data collected from external reviewers has an · WASC onsite visit has been scheduled average score of “Strongly Agree” for each of the questions on the survey. Educational Activities · GPA (Grade Point Average) for all degree programs B · 50% of MBA syllabi has been updated and or above - including the program’s capstone course. improved · Entrepreneurship concentration is developed and Qualified enrollment only an application for change of educational objectives · ACT, SAT, GRE, and GMAT minimum scores are is submitted. implemented into Admissions requirement. Level of Graduate Satisfaction Retention · Data collected for Level of Graduate Satisfaction has · 94% retention rate for the university. an average score of “Extremely Satisfied” for each of the questions on the survey. Graduation · 100% maximum program length (MPL) graduation Relations with Students for the university - including doctoral students in · 60% of alumni have referred CIBU to one friend/ teach-out. family member. Student Satisfaction Revenue/Expenses · Data collected for Student Satisfaction has an · Break-even. average score of “Agree” for each of the questions on the survey. Intake · On the Student Satisfaction Survey, 87% of students · 300 students - degree and non-degree. agree that professors give useful feedback. Graduate Satisfaction · Alumni Association created through dues-paying alumni. Rigor · 60% of students agree that CIBU provides an env ironment in which each student is expected to learn at high levels, and each is supported so he or she can learn at high level, and each student demon- strates learning at a high level. General Education · As the campus “lives into” consistently offering all four years of an undergraduate education, develop a philosophy for General Education. 10
THE LABOR MARKET ’S 1ST CHOICE EFFICIENT, PROFESSIONAL AND OF EDUCATIONAL PARTNER STIMULATING WORK ENVIRONMENT SUSTAINABLE OPERATIONS Annual increase in numbers of guest lectures, Annual increase in job satisfaction rating as well as job Transferring administrative procedures to IT-based company visits and employability ratings. involvement for engaged and highly qualified staff. alternatives, general savings and professionalization. Research-based knowledge sharing Satisfaction Campus Effectiveness · At least one paper has been published by faculty or · 83% Staff and Faculty agree CIBU is an exciting · Have at least two meetings in the academic year to students in a well-recognized journal and presented place to work. assess and continuously improve the university’s at a conference. · 60% of Staff and Faculty have recommended overall educational operations and to discuss how an outside colleague to work at CIBU. it plans to meet the educational and occupational Level of Employer Satisfaction · 85% of Faculty will participate in faculty meetings. objectives of its programs, taking into consideration · Data collected for Level of Employer Satisfaction has its review of all organizational functions. an average score of “Strongly Agree” for each of the Competences and collaboration questions on the survey. · All faculty will possess one degree higher than the Effective organization course level they are teaching. · 25% reduction on assignment correction/feedback Partnerships · Faculty is actively involved in the development of time by introducing reliable digital tools. · All programs feature two guest lectures per program research · 100% of student and instructor textbooks and per semester or two company visit per program. resources are online. · Dean of Student Affairs/Designee contacts 70% of Faculty Governance · Have at least one organizational effectiveness Graduates/ CPT/OPT/and other related “employers”. · Faculty is actively involved in governance including meeting per year (Organizational effectiveness the development and assessment of curriculum. meeting participants help with the design of new Placement business strategies for the university). · 70% of graduates are employed within 3 months of Terminal degrees graduation. Employed is defined by full-time (32 · 75% of faculty new hires will have doctoral degrees Publications hours or more). 100% placement rate for U.S. · “Truth in advertising” when promoting operations. citizens. All students are offered workshops related Publications prepared and presented in a to placement. professional manner. · 85% of all graduates agree that the learning aspects from their program has/will enhance career Library Resources and Services prospects. · 60 % of students and faculty agree that the library resources and information services are appropriate to the academic level and scope of the institution’s programs. · 60 % of students and faculty are satisfied with the quality, relevance, accessibility, availability, and provision of the library resources and support services 11 Kpi’s for CIBU WORLD CLASS EDUCATION PROVIDING ATTRACTIVE EDUCATION Annual increase in satisfaction and achievement. Annual increase in student numbers. HOW TO REACH THE KPIs · Admissions: English proficiency test - IELTS score is · Expanding recruitment efforts through a broad agent raised .5 units higher. Admissions test - score network, increased cooperation with Copenhagen, requirements, current students, alumni, staff, faculty, employers, and instructional partners, SoME campaigns, public - ACT - 15 seminars, reaching out to community colleges. - SAT - 800 · Give each referee a one-time, noncash gift with up - GRE - 250 to a $100 value. - GMAT - 400 · 3 meetings per year, per committee, 100% of staff and faculty are a member of at least one committee. New admissions requirements are published - · Define “Attractive Education”. including the catalog and website. · Curriculum Committee meets twice a semester · Develop survey for external reviewers. concerning MBA curriculum improvements. · Introduce Entrance Counseling for new starts and tutoring for current students. · Refer poor-performing students to participate in the campus tutoring services available by appointment only. · CIBU will no longer enroll students in the DBA program and those students who are currently enrolled will be taught-out to their conclusion. · Discuss and support the faculty in their ability to be available with students during and outside of class hours. · Define how the external employers are identified, e.g., employers in each academic program area selected at random. · Define “high level” in reference to, “CIBU is an environment in which they [students] are expected to learn. · Revitalize the graduate satisfaction survey process. 12
THE LABOR MARKET ’S 1ST CHOICE EFFICIENT, PROFESSIONAL AND OF EDUCATIONAL PARTNER STIMULATING WORK ENVIRONMENT SUSTAINABLE OPERATIONS Annual increase in numbers of guest lectures, Annual increase in job satisfaction rating as well as job Transferring administrative procedures to IT-based company visits and employability ratings. involvement for engaged and highly qualified staff. alternatives, general savings and professionalization. · Revise and Relaunch Job Placement and Career · Staff and Faculty surveyed at midpoint and at the · Complete an Assessment of assignment correction workshops - we received feedback from students end of each semester. /feedback time - set a benchmark to focus on LinkedIn, resumes building, and · Aligning expectations, employee handbook, and · Research alumni networks that are used by networking. contract emphasizing continuing education, outside universities. · Strengthen placement assistance through career employment, and Moodle training /utilization. · Ensure digital tools are reliable and fully functioning workshops. · All faculty are members of at least 1 committee /operable at the start of each semester. · At least 2 networking event per year. · In-Service training and development activities that · Create a survey to assess online usage of textbooks · Allowing recruiters access to our students through moves the university towards digitalization. and resources by students and instructors. Survey on campus presentation and networking events on · Have one event a year to creatively celebrate staff questions added to end of course survey. and off campus. and faculty’s value to the university and · Strong focus on employability by establishing a accomplishments. career center with multiple activities to support · Designating desks/workspace for adjunct faculty, student employability. where faculty can have office hours and/or prepare · Do 1 special project/plan/consulting for a company, for class - to increase sense of community and per program, per semester. familiarity. · Provide opportunities for guest speakers, field trips, · Enact process e.g. workshops and seminars projects, and networking. between Copenhagen and San Diego to support · Revitalize the employer satisfaction survey process. faculty growth and development as well as inclusion · All current and prospective students are advised of new concepts and materials into the classroom. of the campus’ Follow-up studies on graduates and · Re-implement faculty mentoring process. employer satisfaction. · Recognize faculty and staff whom recommended · Engage employers and practitioners to outline an outside colleague to work at CIBU with a noncash competencies that graduates should be able to gift card with up to $100 value. demonstrate. · Engage with relevant media personnel to partner and offer expertise that can be called on for topic explanations from the news. 13
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