Showing posts with label value. Show all posts
Showing posts with label value. Show all posts

Friday, February 16, 2007

The value of an education at Ross

There has been quite a swirl in the Michigan Daily (the university's daily student paper) about the value of a BBA. First, a student who apparently didn't enjoy his time here at Ross wrote an opinion article and, now, a BBA wrote a response describing his much more positive experience. Speaking as the BBA Faculty Director, I hope that readers take seriously the points made in the second article and discount the first as the rant of a student who is still finding his way.

Speaking as a parent and educator, my position expands somewhat on this. As a student, your education should be a highly personal journey. Each school, department, professor, student, class, and extracurricular activity has something to offer you, and what you can get out of any one experience is different than what someone else can get out of it. For better or for worse. You are unique and bring something different to the table that differs from what someone else might bring — again, for better or for worse. How your strengths, weaknesses, hopes, desires, and attitude match up with each particular situation all goes in to the possible value that you might gain from it.

Further, the actual value that you gain from any one situation (school, department, professor, student, class, or extracurricular) will frequently not be clear to you until many years after you have completed the activity. I know that I did not enjoy the professor of my introductory calculus class as a freshman while I was a freshman but, by my senior year, he had become a valued acquaintance and advisor. I also absolutely never enjoyed my modern algebra class and cannot point to any particular event in my life that would have changed because I took Western Civ. I still cannot point to any specific benefit that I got from either one of these classes. However, looking back I absolutely know that the training (in how to think, analyze, argue, listen, write, and read) I received from my undergraduate education was, if not priceless, valued more highly than anything that I ever will, might, or could own.

Regardless of all of this, a student still has to go to some particular school at some particular university. This is where I feel pretty good about Ross and UM. We have a lot of strength in a lot of different academic areas; we have really hard working, smart students; we have dedicated, smart, interested faculty; we have a lot of resources (money, centers, staff) in many areas. We try to communicate these strengths as clearly as possible to possible applicants to minimize the possibility of having enrolled students who end up not liking or appreciating their time at Ross. While we may not be a perfect fit for everyone, we offer opportunities to many types of people who, if they take advantage of those opportunities, can prepare themselves for success in life (no matter how you want to define "success").

Does this mean we're right for everyone? No. Does this mean that everyone who is admitted should stay because we're so great? No. What it does mean is that many students will, while they are here, have many opportunities to work with many other smart students in many interesting situations. Further, they will not only have the opportunity to have a great, well-rounded undergraduate experience but they will also graduate having had many opportunities to prepare themselves for life after graduation. Other schools and universities probably try to provide the same type of preparation; they are not my concern. It is my concern to do what I can to provide more and better preparation to more Ross/UM students while they are here. We have been and will continue to work on this.

Wednesday, February 14, 2007

Dual majors and minors

One of the reasons that I pushed for the creation of the 3-year BBA Program was that I thought it would increase the chances for students who want to get a dual major with business or to get a minor along with their business major. Well, we are not even one year into the change to the new program but I can give some preliminary results on this point.

We have increased the number of students who are pursuing a dual/minor from about 3% two years ago to about 10% today. And this number should continue to increase since the sophomores are not anywhere near the deadline for filing (which really is sometime in their junior year). I think this change is fantastic for Ross and for BBAs.

First, though, you may wonder why this increase has occurred. The reasons I can come up with are institutional support, time, and student support.

  • Institutional support: Rob has worked with Academic Services to make sure that the schools or departments in question can come together to figure out all of the details related to course sequencing and requirements and put them together in a way that students will be able to fulfill.
  • Time: None of this would matter if students were not BBAs during their sophomore year. This gets them better access to the advisors and gives them three years in which to complete their academic plans for the dual/minors. The student's schedule is less full with business classes because they are stretched out over 3 years instead of 2; this allows them to take longer sequences of courses from other departments (as well as from Ross).
  • Student support: Our BBA Program Student advisors (Rob, Katie, and Michael) can help students think about the possibilities for making the most of their time at UM and are available to help students put together their academic plan in order to make the dual/minor a reality.

Okay, so it's easier for students and they are taking advantage of the opportunity. I happen to think this is a great thing for students, UM, and Ross.

  • Students: I think it's a great thing for students because I believe a broad-based, liberal arts education is in the student's best interest. I believe it will lead them to live more interesting, productive, and fulfilling lives. I also think it will make them better employees and better citizens.
  • UM: UM's strength as an institution is its strength across a wide variety of disciplines and the accompanying strength of the affiliated faculty and students. Attracting more students who have an interest in a broad range of disciplines will only strengthen UM's already diverse character.
  • Ross: Ross's strength is in general management and its overall strength in many disciplines (as opposed to being known specifically for a strength in finance or marketing). Ross does not really allow students to take 75% of their undergraduate education in business; it's more like 50%. We do not want our students to focus too narrowly on business; we want them to develop their other interests.

The Ross BBA Program wants to attract students who have a broad range of interests. Students should not come to Ross if they want to student finance or marketing (or whatever) to the exclusion of other disciplines. They should come here because they have an interest in business, want to develop it, but know that there's more to life than options or product line extensions.