To hire a full-time faculty member to teach Accounting coursework (to help maintain ACBSP accreditation and replace faculty members close to retirement).



Initiative TitleTo hire a full-time faculty member to teach Accounting coursework (to help maintain ACBSP accreditation and replace faculty members close to retirement).
Submitted in Previous Year(s)No
Critical Information, Notes, Justification, Rationale

The Business Department tracks its enrollment and course section offerings very closely. We try to adjust to what students need and be aware of trends. The Business Department currently has 8 programs and certificates.  The Business Department has experienced six FT faculty retirements (three in spring 2019 and three in spring 2021).  We have hired one replacement in Fall 2019 to teach Business Law classes. We hired one replacement in Fall 2022 to teach general business courses (although two were approved). We had an additional ACCOUNTING faculty member retire in spring 2023.

In fall 2024 we faced an emergency situation where a FTTT Accounting faculty member was out on medical leave mid-semester.  Replacement proved challenging since this is a professional discipline and most with this expertise work during the day and cannot adjunct. There are two accounting courses in each degree program, and more than two in the two accounting degree programs. ACC 153 Financial Accounting is a gateway course in the first semester of the curriculum for all Business degree programs. All course sections were full in Fall 2023 before the semester began and Advising requested more sections.  This could not be accommodated because we only have two FTTT Accounting faculty with the discipline expertise. Both of the faculty members are close to retirement (within the next few years).

ACBSP ACCREDITATION STANDARD 5: FACULTY AND STAFF FOCUS The ability of a business unit to effectively fulfill its mission and meet its objectives is dependent upon the quality, number, and deployment of the faculty and staff. Each business unit: (1) develops and implements policies and plans that ensure an excellent faculty, including a staffing plan that matches faculty credentials and characteristics with program objectives, (2) evaluates the faculty based on defined criteria and objectives, (3) provides opportunities for faculty development and ensures scholarly productivity to support department and individual faculty development plans and program objectives; and (4) fosters an atmosphere conducive to teaching and learning.                                     

STANDARD 5 Criterion 5.2 is where faculty credentials are addressed. From their document is states - Criterion 5.2 Faculty Qualifications Employee qualifications and credentials are a critical foundation for business success. Qualified faculty must teach all class sections taught within the business unit. Faculty qualifications in the business unit are defined as Master’s or Doctorate Degree Qualified, Professionally Qualified, or as Exceptions. A Master’s or Doctorate Degree Qualified faculty member meets at least one of the following criteria: (The institution must provide documentation) 1. Doctorate in teaching field 2. Juris Doctorate— qualified to teach law courses 4. MBA—The MBA is the qualified master's degree in the teaching field for business management and marketing degrees. The MBA is also the master’s qualification to teach any introductory or principle level business unit courses (for example, entry level accounting, economics, software applications, finance, intro to computers, etc.). 5. MED —The Master's in Education with a concentration in a business discipline is the master's degree in the teaching field for office administration. 6. Related or out-of-field master’s or doctorate degree with 18 semester/27 quarter credit hours or equivalent of courses in field beyond the introductory principles level

The Business Department Goals 1 & 2 are most impacted by not replacing the retired FT faculty members. These goals further tie into the Programming Theme of the Academic Master Plan and 2.1 & 2.3 of the College’s Strategic Plan.

Consequences of this initiative not being funded

The Business Department has 8 full-time tenure track faculty positions (3 FT TT retirements in May 2018; 3 FT TT retirements in May 2021).  We have hired one replacement in Fall 2019 to teach Business Law classes. We hired one replacement in Fall 2022 to teach general business courses (although two was approved). We had an additional ACCOUNTING faculty member retire in spring 2023.

As enrollment is increasing and we have added a new degree program it has become critical to hire an additional full-time faculty member int he discipline of accounting. This would allow us to meet the need of additional day sections and provide a timeline to develop the accounting faculty member with the mentorship of the current two accounting faculty members (before they retire).

Department Goals
ProgramsAS Accounting, AAS Accounting Technician, Cert. Accounting Procedures, AS Business Administration, AAS Business Management, AS Healthcare Administration
LocationsMain Campus, Newburgh Campus
Estimated Completion Date05/01/2024
Will this initiative span multiple budget years?Yes
ImportanceHigh
Funding SourceRequest for Prioritization
Created10/27/2023 10:27 am
Updated11/10/2023 12:53 pm

Institutional Goals

Goal How will the initiative support this institutional goal?
To provide a qualified full-time instructor for the Business Department degree programs.
To provide a qualified full-time instructor for the Business Department degree programs.
To provide a qualified full-time instructor for the Business Department degree programs.
To provide a qualified full-time instructor for the Business Department degree programs.
To provide a qualified full-time instructor for the Business Department degree programs.
To provide a qualified full-time instructor for the Business Department degree programs.
To provide a qualified full-time instructor for the Business Department degree programs.
To provide a qualified full-time instructor for the Business Department degree programs.

Action Steps

Action Step Responsible Party Order
Begin the search process for a full-time, tenured faculty member to teach Accounting and Business coursework. Business Department Chair with HR and VPAA approval 1

Expected Outcomes

Outcome Order
The hire a full-time Accounting instructor. 1

Assessment Methods

Method Description Other Method Responsible Party
Student Surveys: Satisfaction Need Surveys can be developed internally and administered to assess student frequency, importance, need and satisfaction institution’s staff, office and services and programming. Business Department Chair

Resources

INITIAL YEAR COST: $60,000.00
RECURRING COST: $60,000.00

Equipment

Need Cost (Initial/Recurring) Supporting Departments
TOTAL: $0.00 / $0.00

Facility

Need Cost (Initial/Recurring) Supporting Departments
TOTAL: $0.00 / $0.00

Supply

Need Cost (Initial/Recurring) Supporting Departments
TOTAL: $0.00 / $0.00

Staffing

Need Cost (Initial/Recurring) Supporting Departments
A full-time, tenure track faculty postions $60000.00 / 60000.00 (1st year)
  • Academic Affairs and Student Services, Provost, VP Office
  • Business Math Science and Technology, AVP Office
  • Human Resources, AVP Office
TOTAL: $60,000.00 / $60,000.00

Training

Need Cost (Initial/Recurring) Supporting Departments
TOTAL: $0.00 / $0.00

Marketing

Need Cost (Initial/Recurring) Supporting Departments
TOTAL: $0.00 / $0.00

Other

Need Cost (Initial/Recurring) Supporting Departments
TOTAL: $0.00 / $0.00

Prioritization

Level 5 Level 4 Level 3 Level 2 Level 1 Initiative Title Department




1
To hire a full-time faculty member to teach Accounting coursework (to help maintain ACBSP accreditation and replace faculty members close to retirement).
$60,000.00 / $60,000.00
Business
AS Accounting
AAS Accounting Technician
Cert. Accounting Procedures
AS Business Administration
AAS Business Management
AS Healthcare Administration

Assessment

DateDepartment NameStatusCost to DateFunding Source 
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