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Florida Keys Community College 1

Business Administration



PROGRAM REVIEW 2010



1. Name of Program Area: Business Administration



2. Types of Earnable Degrees/Certificates: AAS Degree Business Administration

Certificate Small Business Management



3. Please list the degree requirements and verify the accuracy of program length:

2009-2010 Catalog:



Associate in Applied Science Degree in Business Administration



General Education Requirements (15 credits)

ENC 1101 English Composition I (3)

MGF 1106 Mathematics for Liberal Arts I (3) OR MAC 1105 College Algebra (3)

SPC 1608 Introduction to Speech Communication (3)

Any course from Humanities/Fine Arts (Area I, Section B) (3)

Any course from Social/Behavioral Science (Area IV) (3)



Core Requirements (24 credits)

ACG 2021 Financial Accounting (3)

BUL 2241 Business Law I (3)

CTS ---- Microcomputer Software (3)

ECO 2013 Macroeconomics (3)

FIN 1001 Principles of Finance (3)

GEB 1011 Introduction to Business (3)

MAR 2011 Principles of Marketing (3)

PHI 1103 Critical Thinking (3) OR STA 2023 Introduction to Probability & Statistics I (3)



Electives (6 credits)



Select One of the Four Areas of Focus Below:

General Business Focus (19 credits)

BUL 2242 Business Law 2 (3)

ECO 2023 Microeconomics (3)

MAN 2021 Management Concepts (3)

Electives ACG BUL CGS COP CTS MKA REE SBM (10)



Financial Management Focus (19 credits)

ACG 2071 Managerial Accounting (3)

BUL 2242 Business Law 2 (3)

CTS 1261C Microsoft Excel (3)

ECO 2023 Microeconomics (3)

MAN 2021 Management Concepts (3)

Electives CGS COP CTS MKA REE SBM (4)



Small Business Management Focus (19 credits)

SBM 2000 Small Business Management (3)

Electives ACG BUL CGS COP CTS MKA REE (3)

SBM Electives from SBM one-credit courses (13)

Florida Keys Community College 2

Business Administration







Accounting Focus (19 credits)

ACG 2071 Managerial Accounting (3)

BUL 2242 Business Law 2 (3)

SBM 1111 Recordkeeping in Small Business (1)

Electives BAN ECO FIN MAN MKA SBM (12)



Total Credits Required: 64





Certificate in Small Business Management – Certificate was terminated in July 2010



Core Requirements (12 credits required)

SBM 1001 Franchising (1)

SBM 1101 Organization of the Small Business (1)

SBM 1102 Time Management for Entrepreneurs (1)

SBM 1103 Buying and Selling the Small Business (1)

SBM 1110 Books and Records Management in the Small Business (1)

SBM 1121 Financing the Small Business (1)

SBM 1122 Pricing and Income in the Small Business (1)

SBM 1123 Cost Control in the Small Business (1)

SBM 1131 Insurance Needs and Risk Management in Small Business (1)

SBM 1132 Taxing the Small Business (1)

SBM 1141 Working With the Public (1)

SBM 1142 Advertising, Marketing and Promotion in the Small Business (1)

SBM 1143 Effective Selling in Small Business (1)

SBM 1151 Human Relations and Hiring Practices (1)

SBM 1161 Regulations and Legal Problems in Small Business (1)

SBM 1171 Computers for the Small Business (1)



Electives (18 credits required)

ACG 2021 Financial Accounting (3)

BUL 2241 Business Law I (3)

BUL 2242 Business Law II (3)

CGS 1000C Introduction to Computer Science (3)

CTS ---- Microcomputer Software (3)

FIN 1000 Principles of Finance (3)

GEB 1011 Introduction to Business (3)

HUM 1020 Introduction to Humanities (3)

MAR 2011 Principles of Marketing (3)

MKA 1021 Salesmanship (3)

SBM 2000 Small Business Management (3)

STA 2023 Introduction to Probability & Statistics I (3)

XXX 2949 Cooperative Education (3)



Total Credits Required: 30

Florida Keys Community College 3

Business Administration



4. Please comment on any curricular changes or modifications made this year – explain how this was a data-

informed decision (Example – include minutes from Advisory Committee or Curriculum Committee):

The Business Advisory Committee identified strategies to improve the Business Administration department’s

usefulness to meet the needs of the community local businesses (see attached minutes). Advisory Committee

recommendations initiated this academic year that will be implemented in the 2010-11 academic year are:

1) Termination of the Certificate in Small Business Administration.

2) The addition of a course in Entrepreneurship (ENT 1000)

3) The addition of a 12-credit Certificate in Entrepreneurship that would be a standalone program as well as well

as a feeder program for the AAS in Business Administration. Further positive effects from this addition will be

evidenced by select FKCC non-business programs that can now offer entrepreneurial education for their students.

This inter-disciplinary approach will benefit numerous students by providing an entrepreneurial education that

augments the marketability of their skill/trades developed at FKCC.

4) The re-structuring of curriculum in the AAS in Business Administration program; i.e. the four existing focus

areas of finance, small business management, accounting, and general business have been combined to create

one strong, well-rounded education in the foundational aspects of business education.



5. Please list the program learning outcomes for each Degree/Certificate that your program offers and comment

on the assessment results from previous year:

ACG2071:

Students will be able to effectively communicate and justify their self-selected business project – identify a problem,

provide potential solutions, and make a recommendation

College Level Competency #1

Exemplary: 6

Proficient: 3

Instructor noted the 3 proficient students are ESL students. While this is a small sampling, the instructor decided to

incorporate a review session regarding oral presentations prior to the assignment due date. In addition the instructor

encourages students to use SMARTHINKING tutors that are available for writing for ESL.



FIN1001:

Students will be able to establish a portfolio, justify stock trades, develop a trading strategy, and analyze performance

College Level Competency# 2

Exemplary: 7

Proficient: 1

Instructor invited a former student to guest lecture regarding the Fantasy Stock Market Game “research project”. The

guest lecturer discussed strategy and potential pit-falls. The students were engaged and asked questions of lecturer.

MAN2021:

Students will be able to identify pertinent ethical case issues, research options, and provide a recommendation

College Level Competency #6

Exemplary: 27

Proficient: 9

Emerging: 3

Developing: 2

The instructor noted that several students did not turn in case studies and are therefore unable to be included in the

data. The students enrolled in Management Concepts are usually first year students. Instructor hopes that the

development of the Freshman Seminar class could better prepare students for the rigor of college students.





6. How has the program utilized Distance Learning (videoconferencing and online instruction)?

List the courses available through Distance Learning:

Florida Keys Community College 4

Business Administration







TERM SESSION SUBJECT COURSE TITLE INSTRUCTOR

201010 Web ACG 2021 Financial Accounting Snyder, Brittany

201020 Web ACG 2021 Financial Accounting Snyder, Brittany

200930 Web BUL 2241 Business Law I Wolod, Larry

200930 Web FIN 1001 Principles of Finance Snyder, Brittany

200930 Web GEB 1011 Introduction to Business Snyder, Brittany

200930 Web MAN 2021 Management Concepts Gotches, Gregory

201010 Web BUL 2241 Business Law I Wolod, Larry

201010 Web MAR 2011 Principles of Marketing Wood, Frank

201010 Web SBM 2000 Small Business Management Barroso, Brian

201020 Web BUL 2242 Business Law II Wolod, Larry





Percentage of program available through Distance Learning: 100%

List the faculty trained in Distance Learning: Snyder, Muffler, Barroso, Wood, Wolod

List the faculty who use Desire2Learn on a supplemental basis: Snyder, Gotches, Muffler, Barroso, Wood, Wolod,

Henderson, and Tomes.

Trends in online course audit finds: Instructors and FKCC students in the Business Administration programs are

adopting instructional technology at an increasing rate.







7. Please address how you have responded to the program’s Advisory Committee recommendations (include

minutes).

The Business Advisory Committee recommendations are treated as a high priority. This important committee is

comprised of members of the local business community that actually hire FKCC Business Administration degree

and certificate holders. As such, their recommendations are researched by the Business Administration program

director to determine: 1) how the recommendation fits within the guidelines developed by the Florida

Department of Education and 2) which support material are needed to initiate consideration by the FKCC

Curriculum Committee.



Once a Business Advisory Committee recommendation is deemed to comply with state requirements, all

appropriate supporting documentation needed to facilitate the recommendation is researched, compiled, and

packaged for review by the curriculum committee to consider. Next, the program director and the Dean of Arts

and Sciences sign the request and all members of the curriculum committee are provided complete request

information packages (one week prior to meeting) to review prior to their meeting. The Business Administration

Program Director then appears at the subsequent curriculum committee meeting to present the request along

with a presentation of supporting rationale and state of Florida compliance. If the request is approved, the

Curriculum Committee chairperson signs the approved requests and forwards the package to the Provost for

approval. If the request is for higher-level program changes, the package is then forward to the President and,

subsequently, the Board of Trustees for consideration/approval.

Florida Keys Community College 5

Business Administration



8. Explain to what extent other programs depend upon this one and how it is of value to the college and

community? What needs does it serve to the college and community? Please include feedback from program

advisory committee meetings (where applicable)

Most programs at FKCC rely on courses from the Business Administration program. Many business courses comprise the

list of popular courses for AA electives as well serving as the core of the AAS Business degree. Many students choose

macro-economics to fulfill their social sciences requirements. Other departments, such as Diving and Marine Engineering

are now incorporating the Entrepreneurship (ENT 1000) class in their curriculum; their goal is to provide practical business

experience/education to the trades/skills they are teaching.



As a community college, FKCC strives to provide an educational experience that is relevant to our community and its

students. Our community was built with an entrepreneurial spirit and is sustained today by businesses that maximize local

resources for the benefits of tourists and residents, alike. Due to this fact, business instruction and entrepreneurial

education are at the forefront of students and local employers’ needs from local higher education.



Doria Goodrich, Senior VP for First State Bank and FKCC Business Advisory Committee member, often gives commendation

to the FKCC business program. She explained at a recent advisory committee meeting how members of the current First

State Bank team began their education with two years at FKCC. Upon completion of the FKCC degree, she recalls how

student then transferred to a four-year institution and completed their bachelors degree. After graduation, these aspiring

business men and women returned to The Keys to be re-woven back into the fabric that produced them. The first step on

their ladder to success was found in the business administration programs at FKCC.



The Advisory Committee’s impact on the future of this program and our community is only in its early stages. With the

addition of the “entrepreneur” component, FKCC students (both business and non-business students) will now obtain an

edge on their competition, as either a new business owner or as a new key member for an existing Keys’ organization.





9. How many student semester hours (or, if a non-credit program, student semester hour equivalents) were

generated? Please note that this chart represents the student semester hours generated by students in your

classes – it is not necessarily an indication of the number of students who have declared your program as their

major.









Please use this space for discussion regarding the above chart:

The program is currently holding steady. However, initiatives are in preparation to increase the business

student base substantially through the creation of market-driven instruction delivery improvements and

curriculum enhancements.

Florida Keys Community College 6

Business Administration



10. List the student semester hours (or, if a non-credit program, student semester hour equivalents) that were

taught by full-time and part-time faculty. Please note that Program Directors are classified as

Administration and not Faculty, and are displayed separately on the chart, if applicable.









11. List the full-time and part-time faculty members and the semester hours they have taught in the last reporting

year:



SSH TERM

DIVISION Full-Time/Part-Time LAST FIRST 200930 201010 201020 Total

Business Administration Full-Time Snyder Brittany 51 135 142 328

Full-Time Total 135 142 328

Part-Time Andrews David 36 36

Barroso Brian 105 75 180

Gotches Gregory 30 30

Henderson John 48 48

Muffler Stephen 45 66 111

Nichols Dustin 9 9

Tomes Michael 78 78

Wolod Larry 18 48 30 96

Wood Frank 48 48

177 246 264 687

Part-Time Total 177 381 406 964

Business Administration

Total



Please use this space for discussion regarding the above charts (#10 & #11):

NOTE: The Business Administration program has one full time faculty member and group of well-qualified

adjunct instructors. The full time faculty member teaches classes for which their educational background

meets FKCC faculty credential guidelines. To offer the range of business courses needed to have a relevant

program (and to meet FKCC faculty credential guidelines), adjuncts have become a necessity for accounting,

finance, and business law courses.

Florida Keys Community College 7

Business Administration



12. What is the average class size for courses in this program? Please list the class size for full-time and part-

time instructors.



Business Administration

Average Class Size FT PT

2006RY 9.7 12.4

2007RY 7.9 8.9

2008RY 9.0 11.8

2009RY 10.0

2010RY 6.6 12.1



Comments:

The average class size trend for fulltime instructors has been less than that of part-time instructors because

the one fulltime instructors for this program teaches the higher level, more advanced business courses, which

have traditionally lower enrollment due to attrition rates.







13. Please list the duplicated enrollment trends for courses in this program:









Please use this space for discussion regarding the above chart:

Enrollment in the business administration program has remained solid and is anticipated to increase when the

curricular modifications as directed by the advisory board, such as the entrepreneurial component, are

implemented.

Florida Keys Community College 8

Business Administration



14. List the duplicated enrollment for courses that comprise your program according to Center:



Business Administration

Off Off

Upper Middle Campus Campus

Enrollment Keys Keys MK Key West KW Virtual Total

2006RY 15 22 399 14 450

2007RY 1 4 256 9 95 365

2008RY 214 9 136 359

2009RY 2 24 188 107 321

2010RY 15 5 188 113 321







Please use this space for discussion regarding the above lists:

Enrollment in the business courses has been primarily on the KW campus. The reason is due to the challenges

with recruiting credentialed adjunct faculty for the Middle and Upper Keys. Program Director consistently

evaluates resumes to identify credentialed faculty for the Centers.









15. Please list the FTE trends for courses in this program:



FTE

Business

Administration

2006RY 41.5

2007RY 31.4

2008RY 29.0

2009RY 32.1

2010RY 32.1



Please use this space for discussion regarding the above list:

After a brief downturn in 2008, the program is on an upward slope. This trend is expected to continue at an

increasing rate due to improvements in market-driven instructional delivery improvements and course

enhancements.



16. List the number of enrollees and graduates in this program.



Enrollees Graduates

2006RY 2007RY 2008RY 2009RY 2010RY 2006RY 2007RY 2008RY 2009RY 2010RY

AAS Business Admin 67 69 65 44 61 5 7 4 3 7

Cert Small Business Mgmt 8 4 3 4 2 0 2 0 0 1

Total 75 73 68 48 63 5 9 4 3 8





Please use this space for discussion regarding the above chart:

Due to an increased attention and response to students course offering and scheduling needs, the Business

Administration program was able to experience an increase of 133% in the number of graduates in 2010.

Florida Keys Community College 9

Business Administration



17. What is the instructional cost of the program? The cost per FTE? Please note that this report is based on

fiscal year.



2006FY 2007FY 2008FY 2009FY 2010FY

FTE 35.3 23.2 18.4 19.5 23.6

FEES $65,173 $43,134 $38,657 $52,201 $73,756



2006FY 2007FY 2008FY 2009FY 2010FY

Current Expense $7,597 $232 $80 $17 $293

Capital $0 $0 $0 $0 $0

Personnel $91,461 $90,648 $117,760 $107,237 $72,061

TOTAL EXPENSES $99,058 $90,881 $117,840 $107,255 $72,354



FEES MINUS EXPENSES -$33,885 -$47,746 -$79,183 -$55,053 $1,402



EXPENSES PER FTE $2,804 $3,911 $6,415 $5,500 $3,066





Comments:

The personnel expense in 2010 was reduced over previous years due to the promotion of the business faculty

member to Dean of Arts and Sciences at the end of the third quarter. This one time reduction will not recur in 2011

due to the hiring of a new business faculty member who will be employed for the entire year. However, a projected

increase in the number of business administration students and the revenue generated from tuition and fees are

expected to continue to maintain this important program’s positive impact on the FKCC operating budget.





18. The Business Administration program is:



X Strong, should be retained - With Improvement discussed here in.



Moderate, should be retained with modifications for improvement (specify below and include in your 2010 to

2011 Unit Plan)



Weak, should be retained on one-year probation, pending specific modifications (specify below and include in

your 2010 to 2011 Unit Plan)



Weak, should be canceled







19. Discuss any reasoning for retaining, modifying, or canceling a program(s). For example, if the program is

operating on a moderate basis and it is believed that increasing or reducing the number of faculty would serve to

strengthen it, please include that information here:

This program is rapidly becoming a model for web-based instruction at FKCC. As the local consumer base for

traditional students has reached a plateau, the Business Administration program is crucial to FKCC as both a

program for the future and as a model for the development of web-based instruction. Not only does this program

strive to meet the needs of our community’s students and businesses in an atmosphere of continuous

improvement, FKCC’s Business Administration program also serves to light an instructional delivery path that could

be critical to the growth and sustainability of other programs as well as the college as a whole.

Florida Keys Community College 10

Business Administration







Approval Information:



Program Reviewer: Recommendation of Academic Director/Dean

Name: Cancel:

Title: Retain:

Retain for one year

Sign: pending modifications:



Date: Sign & Date:



Curriculum Committee Recommendations/Comments

Program review endorsed by curriculum committee.









Recommendation of Provost Recommendation of President

Cancel: Cancel:

Retain: Retain:

Retain for one year Retain for one year

pending modifications: pending modifications:

Sign & Date: Sign & Date:



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