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Board of Trustees Presentation

Christine A. PoonDean &

John W. Berry, Sr. Chair in Business

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“I’d like to leave a legacy to help create a school that would bring out the best in kids. . .

the kind of students that make an impact on the country and world itself.”

- Max M. Fisher

 

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Our Vision

Forge a vast network of

partnerships and collaborations with the

rest of the university and the

global business community

thereby elevating our

research, teaching, student experience

and the practice of business.

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Our Students

Au 2003 Au 20120

1,000

2,000

3,000

4,000

5,000

6,000

7,000

Undergraduate

33%

Au 2003 Au 2012750

800

850

900

950

1000

Graduate

17%

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Our People

Faculty

Tenure and Tenure Track 91

Clinical 9

Senior Lecturers 33

Visiting 6

Subtotal 139

Staff

185

Total 324

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Our Structure

5 Departments

6 Centers

Executive Education Unit

Undergraduate Programs Office

Graduate Programs Office

Career Management

Development/Advancement

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Our Finances

16%

35%

24%

23% 2%

Current Sources FY 13

State Subsidy

UG Fee Revenue

Graduate Fee Revenue

Outreach Activity Revenue

Sponsored Research

$72.1MM

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U.S. News & World Report

Undergraduate

Overall: Publics: Supply Chain Management & Logistics:Production & Operations Management :Accounting: Finance: Marketing:

2005 2012-13

MBA program: Top 50 27

Executive MBA program: 13 14**

Undergraduate program: 43 34

2004

1710

3

8139

14

2013

178

5

6101113

*USNWR Overall and Public rankings are based on a combination of reputational scores and program data; specialization rankings are based solely on reputation surveys.**Number reflects the most recent ranking of EMBA programs in 2011

Our Rankings

Business Week

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• Faculty

• Undergraduate Program

• Graduate Program

• Outreach• Centers and Executive Education

• Tell the Fisher Story

Discussion Items

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Faculty

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Excellent Progress in Research Impact and Productivity

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Financial TimesSchool 2013 U.S. Research Rank

Harvard 1

Pennsylvania 2

UC Berkeley 3

MIT, Duke 4

Stanford, Chicago, NYU 6

Northwestern, Michigan 9

Columbia 11

Ohio State 12

Texas Austin 16

North Carolina 17

Indiana 27

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Assistant Full Chair/Distinguished

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Associate

27 20 16

Faculty Retention

14

Undergraduate Program

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Our Undergraduate RankingsFisher Texas Indiana

Rank 34 9 13

Average SAT/ACT (6%) 1305 1362 1299

Median Starting Salary (10%) $50K $55K $53K

Academic Quality (30%) 35 35 28

Student Survey (30%) 45 11 20

Recruiter Survey (20%) 13 4 1

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Student Experience• Increase number of students with a four-year Fisher experience

• Dedicated Office for Student Experience

• Increase number of honor/honors-like programs

Financial

Services

Consumer Packaged

Goods

Manufacturing

Health Care

Energy/ Sustainability

Business Analytics

Industry Clusters

Dean’s Leadership Academy

Honors, Honors

Accounting, Honors Cohort

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Graduate Programs

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Program 2003 2012 Change

FTMBA 287 240 -16%

WPMBA 262 295 +13%

MAcc 95 84 -12%

MHR 71 111 +56%

SMF 0 43 NA

MBLE 0 78 NA

MBOE 0 31 NA

EMBA 81 71 -12%

Total 796 953 +20%

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Outreach

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• Interdisciplinary

• Academic Strength and Interest

• Economic Interest to Region/Nation

• Generate Innovative Research

• Collaboration among Companies and College

• Student Engagement

Idealized Center of Excellence

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Build Partnership with the Business Community through Centers of Excellence

Facilitate a powerful connection with

business community

Center for Operational Excellence

Center for Entrepreneurship

The Risk Institute

Center for the Middle Market

Big Data

Nationwide Center for

Advanced Analytics

And elevates our research and teaching

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Tell the Fisher Story

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There is a singular driving force behind what we do here at Fisher. Go Beyond. It is the core of Max Fisher’s

compelling legacy – that with our intellect and heart, we go beyond what’s expected, what’s ordinary, what’s

comfortable. Our uniquely prepared students make a meaningful and lasting impact in business, in community,

and in the world. This drive defines us. It makes us Fisher. Go Beyond.

Go Beyond: The Essence

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Supplement

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Since 1916, The Ohio State University Fisher College of Business has produced exceptional leaders who meet the challenges of a changing global business environment through creative and effective solutions.

In 1993, the college received a gift from alumnus Max. M. Fisher, a leading industrialist, philanthropist and public servant. Mr. Fisher's desire to see his alma mater become one of the premier management institutions in the country spearheaded the construction of a state-of-the-art, six-building campus. In recognition of his commitment, the college was named the Max M. Fisher College of Business.

Since then, the college has undergone a corporate turnaround; narrowing the focus of its programs, recruiting leading faculty, placing a renewed emphasis on experiential learning, and offering a wide range of international study options. Faculty and staff have also established new scholarship and fellowship opportunities, strengthened their commitment to diversity, and created innovative academic and corporate partnerships.

As a result, Fisher's international reputation continues to rise and is reflected in rankings which place the college among the top 25 business schools in the nation at both the undergraduate and graduate levels.

3. Letter from the Dean/ Information about the college

Fisher College of Business website: http://www.cob.ohio-state.edu/

Strategic Plan website: www.go.osu.edu/FCOBstrategicplan2012 

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4. College Structure and Leadership

Departments (5)

Department of Management & Human Resources Chair, David B. Greenberger

Department of Accounting & MIS Chair, Waleed Muhanna

Department of Management Sciences Chair, Peter Ward

Department of Finance Chair, Ingrid Werner

Department of Marketing & Logistics Chair, Walter Zinn 

Christine A. Poon Dean and John W. Berry, Sr. Chair in Business

Research & Business Partnership Centers (11)

Center for Entrepreneurship

Center for Operational Excellence (COE)

Center for Business Performance Management (CBPM)

Center for International Business Education and Research (CIBER)

Center for Real Estate Education and Research

Charles A. Dice Center for Financial Economics

Initiative for Managing Services

Innovation Initiative

National Center for the Middle Market

Nationwide Center for Advanced Customer Insights

Global Supply Chain Forum

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4. College Structure and Leadership (Continued)

Associate Deans

Anil Makhija, Senior Associate Dean

Karen Hopper Wruck, Senior Associate Dean

H. Rao Unnava, Associate Dean for Executive Programs

Pat West, Associate Dean for Undergraduate Programs

Support Unit Directors

Joddi Giacobbi, Chief Information Officer

Cynthia Anderson, Interim Executive Director, Office of External Relations

Barb DeYoung, Executive Director, Fiscal and Budget

Melinda McDonald, Executive Director, Undergraduate Programs

Francisco-Xavier Gomez-Bellenge, Associate to the Dean for Special Projects   

Ann Hamilton, Executive Director, Marketing Communications

 

David Harrison, Director, Office of Minority Student Services

Larry Murphy, Executive Director, Executive Education

Jeffrey Rice, Executive Director, Career Management

Nancy Lahmers, Executive Director, Graduate Programs

Kurt Roush, Executive Director, Global Business Office

Christine A. Poon Dean and John W. Berry, Sr. Chair in Business

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5. Academic ProgramsUndergraduate

Business Major with specializations in Accounting, Aviation Management, Economics, Finance, Human Resources, Information Systems, International Business, Logistics, Marketing, Operations, Real Estate, and Insurance; a General Business degree is available on the smaller campuses

GraduateMasters: Full-time MBA, MBA for Working Professionals, Master of Accounting, Master of Human Resource Management, Specialized Masters-Finance, Master in Business Logistics EngineeringPhD: Human Resource Management, Business Administration, Accounting/MIS

ExecutiveExecutive MBA, Master of Business Operational Excellence

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9. Undergraduate Graduation Rate

The six-year graduation rate of the college has increased by over 8 percentage points since 2007

Graduation Rate and Cohort Size* 2007 2008 2009 2010 2011 2012

Fisher College of Business 78.1% 82.5% 78.4% 83.5% 85.2% 86.4%676 722 741 726 750 878

Columbus campus 71.2% 72.7% 74.9% 78.0% 79.7% 82.4%5,964 5,940 6,354 6,037 5,940 6,266

* 2007 represents the entering class of 2001

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10. Undergraduate Student/Faculty Ratio and Class Size

Percentage of

classes under 20Percentage of classes between 20 and 49

Percentage of classes of 50 or more

Student to Faculty Ratio

Fisher College of Business 7% 65% 28% 49 to 1University 27% 57% 16% 19 to 1

Fisher College of Business University 0%

10%20%30%40%50%60%70%80%90%

100%

Percentage of Classes by Size: Autumn 2012

Percentage of classes of 50 or morePercentage of classes between 20 and 49Percentage of classes under 20

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12. Faculty: Tenure Track FTE by Rank

In the past 10 years Assistant Professor FTE has surpassedAssociate Professor FTE

  2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Professor 38 41 36 34 31 33 35 36 37 35

Associate Professor 33 32 31 30 26 25 23 22 21 23

Assistant Professor 17 15 11 16 19 22 25 26 25 31

Instructor 1 2 1 1 - - 1 - 2 1

Total 89 90 79 81 76 80 84 84 85 90

2012

2003 2004 2005 2006 2007 2008 2009 2010 2011 20120

102030405060708090

100

Instructor Assistant ProfessorAssociate Professor Professor

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13. Diversity & Inclusion: Percent of Tenure Track Faculty FTE by Gender

Over the past ten years, the percentage of tenure track Business faculty FTE who are female increased by 39%

2012

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 -

10

20

30

40

50

60

70

80

90

100

Female Male

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012Male 71 72 62 62 57 62 63 62 64 65 Female 18 18 17 20 19 18 21 22 21 25 Grand Total 89 90 79 82 76 80 84 84 85 90

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14. Diversity & Inclusion: Percentage of Tenure Track Faculty FTE by Ethnicity

2012

In the last 10 years, underrepresented minority faculty FTE increased from 3 to 8, an increase of 167%

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012Asian 12 11 9 10 10 10 13 14 14 18Undisclosed 3 3 2 3 2 2 2 2 3 4URM 3 4 4 5 5 7 7 7 7 8White 71 72 64 64 59 61 62 61 61 60 Grand Total 89 90 79 82 76 80 84 84 85 90

2003 2004 2005 2006 2007 2008 2009 2010 2011 20120

10

20

30

40

50

60

70

80

90

100

Asian Undisclosed URM White

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15. Faculty Recruitment and Retention: Years in Tenure Track

Source: Faculty Analytics, OHR

2003 2004 2005 2006 2007 2008 2009 2010 2011 20125 or less 30 29 14 20 19 27 34 33 35 37Between 6 and 10 7 8 19 16 16 15 13 7 7 11Between 11 and 15 13 9 10 10 7 6 7 14 13 14Between 16 and 20 15 16 13 11 13 11 7 8 8 421 or more 23 27 24 25 22 23 25 23 23 25

2003 2004 2005 2006 2007 2008 2009 2010 2011 20120

102030405060708090

100

Tenure Track Faculty: Years in Track

5 or less Between 6 and 10 Between 11 and 15 Between 16 and 20 21 or more

Length of time in track has been fairly stable with a slight shift toward faculty with fewer years in track

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16. Faculty Recruitment and Retention: Turnover & Retirement Eligibility

Source: Faculty Analytics, OHR *Retirement Eligibility is based on years of service and age

• 19% of the faculty are currently eligible to retire

• 47% will be eligible in the next 10 years

0%10%20%30%40%50%60%70%80%90%100%

Retirement Eligibility of Tenure Track Faculty

10.1 or more years5.1 to 10 years2.1 to 5 years0.1 to 2 yearsCurrently Eligible

Over the past 10 years, 27 of the 52 voluntary terminations were due to retirement

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Our Finances

  Fiscal Year Five Year Changein Millions 2009 2010 2011 2012 2013 $ %

General Fund 47.3 50.3 54.1 55.9 53.9 6.6 14%Research/OSP 0.5 0.6 0.7 0.9 1.3 0.8 160%Earnings & Conferences 2.4 2.1 2.4 2.2 2.6 0.2 8%Development & Endowment 10.5 10.6 9.2 9.4 10.1 -0.4 -4%Fed, State, Priv Grants/Contracts 3.2 2.2 3 5 3.7 0.5 16%Others -0.2 0.1 0.4 0.3 0.5 0.7 -350%Total 63.8 65.9 69.8 73.8 72.1 8.3 13%

2009 2010 2011 2012 20130

20

40

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General Fund Research/OSP Earnings & ConferencesDevelopment & Endowment Fed, State, Priv Grants/Contracts Others

• GF accounts for 75% of all current sources and the major source of growth

• Research/OSP has the most growth at 160%

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Fisher College of Business - Current Sources Fisher Style

In Millions

FY 2012 FY 2013

Current Sources % of Total Current Sources % of Total

State Subsidy 11.2 15.19% 11.3 15.67%

UG Fee Revenue 24.9 33.83% 25.4 35.29%

Graduate Fee Revenue 19.8 26.83% 17.2 23.80%

Outreach Activity Revenue 16.9 22.93% 16.9 23.44%

Sponsored Research 0.9 1.22% 1.3 1.80%

TOTAL 73.7 100.00% 72.1 100.00%

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22. Status of Facilities

Source: Physical Planning and Real Estate

Building Name Ownership

FCI Composite

Total Building

ASF

College Occupie

d ASFCollege ASF %

Total Building CRV

College Occupied Facilities Current

Replacement Value

College Total Liability

College Remaining

Facility Value

Converse Hall OSU OWNED 59.3% 43,865 1,355 3.1% $ 18,369,176 $ 567,428 $ 230,943 $ 336,485 Fisher Hall OSU OWNED 95.5% 61,574 61,574 100.0% $ 40,125,082 $ 40,125,082 $ 1,805,629 $ 38,319,453 Gerlach Hall OSU OWNED 95.6% 33,990 33,990 100.0% $ 20,207,580 $ 20,207,580 $ 889,134 $ 19,318,447 Schoenbaum Building OSU OWNED 95.1% 30,094 11,023 36.6% $ 17,923,042 $ 6,564,953 $ 321,683 $ 6,243,270 Mason Hall OSU OWNED 95.4% 34,534 34,534 100.0% $ 20,041,192 $ 20,041,192 $ 921,895 $ 19,119,297 Pfahl Hall OSU OWNED 95.5% 23,364 2,672 11.4% $ 14,056,182 $ 1,607,521 $ 72,338 $ 1,535,182 $ 89,113,756 $ 4,241,621 $ 84,872,135

Fisher College of Business FCI Calculation College Occupied Facilities Current Replacement Value $ 89,113,756 FCI = $ of Remaining Facility ValueCollege Remaining Facility Value $ 84,872,135 $ Current Replacement ValueCollege FCI 95.2%

Overall Quality of Facilities: 95.2%