Department of Management - STEM MBA

z-2023-2024 Catalog - PROGRAM - New Major (Step 1) - NOI - Notice of Intent

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HELP TEXT
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  • WHEN TO USE THIS FORM:
    1. NEW MAJOR / DEGREE PROGRAMS - (ONLY)
  • Indicate program category*
DETERMINE SUBSTANTIVE CHANGE STATUS
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  • How to determine substantive change.
  • (Check all that apply)
  • Did you check any of the boxes in the question above? *

  • If you answered Yes, this program may be a substantive change.

    Please contact the SACSCOC Liaison, Abdou Ndoye at ndoyea2@nku.edu or (859) 572-5379 for further information.

    For additional information about types of substantive changes. please see the document at Substantive Change Form.

PROGRAM INFORMATION
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  • College*
  • Department*
  • Program Name / Title*
    STEM MBA
    STEM MBA
  • Program Description*

    Today's business professionals are required to be well-versed in technology and data analytics. Business professional need to be able to manage companies using technology like Tableau, Alteryx, and Power BI in order to solve complex business problems and serve clients to the best of their ability. The reliance on technology in the business management means that MBA graduates need to be able to use, understand, and manage teams that leverage technology. Our Global MBA program will leverage the power of technology and business management to prepare our graduate to compete in today’s data and technology driven markets.

  • Will this program replace or enhance any existing program(s) or tracks, concentrations or specializatioins within an existing program? If yes, please specify and explain.*

    No

  • Degree Level*
  • Degree Designation (i.e. Bachelor of Fine Arts (BFA), or Bachelor of Science in Nursing (BSN), Master of ..., Doctor of ...)
    Master of Management Science
    Master of Management Science
  • CIP Code (contact Curriculum Coordinator for Assistance)
    521301
    521301
  • Credit Hours*
    33
    33
  • Proposed BOR Approval Date of Full Proposal (MM/DD/YYYY)*
    03/15/2024
    03/15/2024
  • Proposed Implementation Date. (MM/DD/YYYY)*
    08/20/2024
    08/20/2024
  • NKU REQUIRED INFORMATION
  • Deliver Method*
  • Name of Program Director*
    Abdullah Al-Bahrani
    Abdullah Al-Bahrani
  • Program Director's Official Title
    Associate Dean for Graduate Studies
    Associate Dean for Graduate Studies
  • Program Director's Email Address*
    albahrania1@nku.edu
    albahrania1@nku.edu
  • Program Director's Work Phone
    859-572-5799
    859-572-5799
DEMAND - (Market / Employer / Academic)
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  • STUDENT DEMAND - Please provide the expected enrollment for the first 5 years
  • Expected Enrollment - Year 1*
    20
    20
  • Expected Enrollment - Year 2*
    25
    25
  • Expected Enrollment - Year 3*
    30
    30
  • Expected Enrollment - Year 4*
    30
    30
  • Expected Enrollment - Year 5*
    30
    30
  • MARKET DEMAND
  • Institutions should explain why this program is needed. Note if it replaces another program on campus. Your audience is CPE. This is a response that will be used in CPE's agenda items.*

    According to the Kentucky Center for Statistics, the demand for computer and research scientists is expected to grow by 18.35% between 2020-2030. The Bureau Labor Statistics estimates that demand for STEM jobs will increase by 10.8% between 2021-2031. Both of these data points indicate that demand for business management personales that are familiar with STEM oriented business will also be in demand.

  • EMPLOYER DEMAND

  • If the program is designed for students to enter the workforce immediately, please complete the following table.

    (do not combine jobs into one job type (i.e.  Manager, Director of, Executive)  List each job title as an individual job type)

    Also, always include National, Regional and State wage and # of Job Openings.

    Most of the current Bureau of Labor Statistics projections are for 2016-2026.  If additional sources are used, please note the time frame for the projections in the title field. 

    Other sources include:

    Georgetown University Center on Education and the Workforce
    Bureau of Labor Statistics’ Occupational Outlook Handbook
    Kentucky Center for Statistics

    KY Chamber, “Kentucky’s Workforce, Progress and Challenges,” January 2018

    Kentucky, Bridging the Talent Gap

    Document - https://www.bridgingthetalentgap.org/wp-content/uploads/2017/05/KY-Statewide.pdf 
    Interactive website: https://bridgingthetalentgap.org/dashboards/

  • Source(s) Used
    https://www.bls.gov/emp/tables/stem-employment.htm
    https://www.bls.gov/emp/tables/stem-employment.htm
  • 1.) Type of Job:
    Management Analyst
    Management Analyst
  • Average Regional Wage
    Regional: # of Job Openings
    99
    99
  • Regional Growth Projections:
    11.21%
    11.21%
  • Average State Wage
    State: # of Job Openings
    5314
    5314
  • State Growth Projection
    13.47%
    13.47%
  • Average National Wage
    93,000
    93,000
    National: # of Job Openings
    950000
    950000
  • National Growth Projection
    11.4%
    11.4%
  • 2.) Type of Job:
    Marketing Research
    Marketing Research
  • Average Regional Wage
    Regional: # of Job Openings
    1610
    1610
  • Regional Growth Projection
    18.64%
    18.64%
  • Average State Wage
    State: # of Job Openings
    6659
    6659
  • State Growth Projections:
    20.8%
    20.8%
  • Average National Wage
    63000
    63000
    National: # of Job Openings
    792000
    792000
  • National Growth Projection
    19%
    19%
  • 3.) Type of Job:
  • Average Regional Wage
    Regional: # of Job Openings
  • Regional Growth Projections:
  • Average State Wage
    State: # of Job Openings
  • State Growth Projection
  • Average National Wage
    National: # of Job Openings
  • National Growth Projection
  • 4.) Type of Job
  • Average Regional Wage
    Regional: # of Job Openings
  • Regional Growth Projections:
  • Average State Wage
    State: # of Job Openings
  • State Growth Projection
  • Average National Wage
    National: # of Job Openings
  • National Growth Projection

  • If there are more than 4 Types of Jobs, please complete the table that can be found at: 
                                        NOI/CPE Employer Demand Table
    and attach it to this proposal using the tab to the right with the paperclip icon and word file on it.

  • Indicate source of market demand information and timeframe for growth projections.

    Kentucky Labor Information Services, Kentucky Center for Statistics and Bureau Labor Statistics. The timeframe used is 2021-2031.

  • Academic Demand
  • If this is not a program that is designed for students to enter the workforce immediately after graduation, please indicate the skills that graduates will attain, the types of graduate programs the graduates are most likely to attend, and the types of jobs graduates will eventually seek.

    Program is designed for students to enter workforce immediately.

UNNECESSARY DUPLICATION
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  • In CPE's system, the NOI will pre-populate with similar programs based on CIP codes as well as trend data on enrollment and degrees conferred for these programs.  Institutions may list other programs that are similar but may be classified in a different CIP code.  (Note: You need only include programs offered at Kentucky institutions.)

  • Comparison of Objectives/Focus/Curriculum to Similar Programs:  Explain the differences in curriculum, focus, and/or objectives. If the proposed program curriculum does not differ substantially from existing programs, then describe potential collaborations with other institutions. 

    Comparison of Student Populations:  Describe how your target student population is different from those at other institutions and explain how your program reaches this new population (e.g. the proposed program is completely online while other programs are face-to-face or hybrid). 

    Access to Existing Programs:   Explain how/why existing programs cannot reach your target population and/or provide evidence that existing programs do not have the capacity to meet current student demand (e.g. the number of students on enrollment waiting list).

    Feedback from Other Institutions: Summarize the feedback from colleagues at institutions with similar programs.

    “For program name, include the university, name of program and degree granted.”  (i.e.  Murray State, Engineering Physics, BS)

  • Similar Program 1:
    NA
    NA
  • Comparison of Objectives/Focus /Curriculum to Similar Programs

    There are no other STEM MBA programs in Kentucky. 

    Explain the differences in curriculum, focus, and / or objectives. If the proposed program curriculum does not differ substantially from existing programs, then describe potential collaborations with other institutions.
  • Comparison of Student Populations

    There are no other STEM MBA programs in Kentucky. 

    Describe how your target student populations is different from those at other institutions and explain how your program reaches this new population (e.g. the proposed program is completely online while other programs are face-to-face or hybrid.)
  • Access to Existing Programs

    There are no other STEM MBA programs in Kentucky. 

    Explain how/why existing programs cannot reach your target population and/or provide evidence that existing programs do not have the capacity to meet current student demand (e.g. the number of students on enrollment waiting list.)
  • Feedback from Other Institutions - NOTE: If there are similar program at KY Public Colleges or Universities, you should contact them early. CPE reviewers will request their feedback be included in this field. (We recommend attaching a copy of the email communications between NKU and other Kentucky institutions.)

    There are no other STEM MBA programs in Kentucky. 

    Summarize the feedback from colleagues at institutions with similar programs.
  • Similar Program 2:
  • Comparison of Objectives/Focus /Curriculum to Similar Programs
    Explain the differences in curriculum, focus, and / or objectives. If the proposed program curriculum does not differ substantially from existing programs, then describe potential collaborations with other institutions.
  • Comparison of Student Populations
    Describe how your target student populations is different from those at other institutions and explain how your program reaches this new population (e.g. the proposed program is completely online while other programs are face-to-face or hybrid.)
  • Access to/Demand for Existing Programs
    Explain how/why existing programs cannot reach your target population and/or provide evidence that existing programs do not have the capacity to meet current student demand (e.g. the number of students on enrollment waiting list.)
  • Feedback from Other Institutions - NOTE: If there are similar program at KY Public Colleges or Universities, you should contact them early. CPE reviewers will request their feedback be included in this field. (We recommend attaching a copy of the email communications between NKU and other Kentucky institutions.)
    Summarize the feedback from colleagues at institutions with similar programs.
  • Similar Program 3:
  • Comparison of Objectives/Focus /Curriculum to Similar Programs
    Explain the differences in curriculum, focus, and / or objectives. If the proposed program curriculum does not differ substantially from existing programs, then describe potential collaborations with other institutions.
  • Comparison of Student Populations
    Describe how your target student populations is different from those at other institutions and explain how your program reaches this new population (e.g. the proposed program is completely online while other programs are face-to-face or hybrid.)
  • Access to/Demand for Existing Programs
    Explain how/why existing programs cannot reach your target population and/or provide evidence that existing programs do not have the capacity to meet current student demand (e.g. the number of students on enrollment waiting list.)
  • Feedback from Other Institutions - NOTE: If there are similar program at KY Public Colleges or Universities, you should contact them early. CPE reviewers will request their feedback be included in this field. (We recommend attaching a copy of the email communications between NKU and other Kentucky institutions.)
    Summarize the feedback from colleagues at institutions with similar programs.
COST
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  • Please provide a five year summary of revenues and expenditures.

  • Projected Revenue over Next Five Years
    1,350,000
    1,350,000
  • Projected Expenses over Next Five Years
    500,000
    500,000
  • Will additional faculty be needed?
  • If yes, additional faculty will be needed, please explain how the institution will pay for these additional costs.
  • Provide a budgetary rationale for creating this new program: This is an open-ended response that will be used in CPE agenda items. Institutions should explain how the program will be funded, what other programs will be affected, and why this program is considered both an efficient and effective use of funds.

    We are using existing resources to teach in this program. There are no additional faculty needed. Therefore, the cost to introduce this program is associated with marketing and management of the program. The program is expected to generate a net postive position over the first 5 years. 

LAUNCH PROPOSAL
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FINALIZE PROPOSAL
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    • Upload any additional documentation or files by clicking the paperclip icon labeled Files in the tabs on the right of the proposal.

    To finalize your proposal and send it on to the next approval step, you must click the decision tab on the right side of the proposal, in the decision screen, click approve and then click "make my decision."

CPE DATES - will be entered by Curriculum Coordinator
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  • NOI - Date Submitted to CPE
    05/15/2023
    05/15/2023
  • NOI - Approval Date
    08/25/2023
    08/25/2023

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