Program Review Analysis

Transcription

1 Review Analysis International Business/Trade/Commerce 2017

2 Page 2 of 9 Program Review Analysis Degree Description Title: International Business/Trade/Commerce Program Definition: A program that prepares individuals to manage international businesses and/or business operations. Includes instruction in the principles and processes of export sales, trade controls, foreign operations and related problems, monetary issues, international business policy, and applications to doing business in specific countries and markets. DU Programs Offered International Business BBA Intelligence

3 Page 3 of 9 Job Need Below are growth statistics for each occupational category that maps to this degree. Chief Executives Description: Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers. Sample of reported job titles: Chief Diversity Officer (CDO), Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Nursing Officer, Chief Operating Officer (COO), Executive Director, Executive Vice President (EVP), Operations Vice President, President, Vice President. Region Employment Employment Change Average Openings Year Numeric 10-Year Percent Growth Rate Growth Replacement Total US 343, ,400-4, * 0 5,840 5,840 12,040 11, % -0.10% Detroit Metro % 0% East Central % 0% East % 0% Northeast % -1% Northwest % 0% South Central % 0% Southeast % 0% Southwest % 0% Upper Peninsula % -1% West % 0% Typical Employer Hiring Level and Experience Required Bachelor's degree 46% Master s, degree 54% Experience in related occupation required 5 years or more Intelligence

4 Page 4 of 9 General and Operations Managers Description: Plan, direct, or coordinate the operations of public or private sector organizations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services. Sample of reported job titles: Business Manager, Facilities Manager, Facility Manager, General Manager (GM), Operations Director, Operations Manager, Plant Manager, Plant Superintendent, Production Manager, Store Manager. Region Employment Employment Change Average Openings Year Numeric 10-Year Percent Growth Rate Growth Replacement Total US 2,124,100 2,275, , % * 15,110 53,770 68,880 62,420 68,310 5, % 0.90% 589 1,580 2,169 Detroit Metro % 1% East Central % 1% East % 1% Northeast % 1% Northwest % 1% South Central % 1% Southeast % 1% Southwest % 1% Upper Peninsula % 0% West % 1% Typical Employer Hiring Level and Experience Required Associate s degree 46% Some college, no degree 30% High school diploma or 24% equivalent Experience in related occupation required 5 years or more Sources: U.S. Department of Education Institute of Education Sciences National Center for Education Statistics Department of Technology, Management & Budget U.S. Bureau of Labor Statistics Intelligence

5 Page 5 of 9 Competitive Analysis Direct Competitor Analysis This analysis looks at the health of the market taking into account the job outlook as well as competitor graduates. Geography DU Campus Job Openings (through 2024) Completions Potential Statewide All Detroit Metro East Central East Northeast Northwest South Central Southeast Southwest Upper Peninsula West Warren/ Livonia/ Wayne CCC/ Schoolcraft/ Macomb CC Midland/ Delta Flint - Mott CC N/A Traverse City Lansing N/A KVCC N/A W.A. Lettinga/Cook Center/Holland Analysis Top Institutions/ Program Share Madonna University 29% Wayne State University 24.2% Northwood University - 8.8% Central University 7.8% Grand Valley State University 7.4% Davenport University 4.1% Madonna University 51.2% Wayne State University 42.7% Lawrence Technological University 2.8% Henry Ford Community College 2.8% Oakland Community College 0.4% Northwood University- 47.5% Central University 42.5% Saginaw Valley State University 8.8% Alma College 1.3% University of -Flint 91.7% Kettering University 8.3% N/A N/A Lansing Community College 100% Eastern university 61.5% Hillsdale College 15.4% Spring Arbor University 15.4% Adrian College 7.7% Andrews University 100% Lake Superior State University 100% Grand Valley State University 53.3% Davenport University - Lettinga 26.7% Cornerstone University 10% Aquinas College 8.3% Ferris State University 1.7% Source: Department of Technology, Management & Budget & IPEDS Intelligence

6 Page 6 of 9 Direct Competitor Analysis Statewide by Level CIP Code Level Job Openings (through 2024) Completions Potential Bachelor's degree Analysis Highly Competitive Top Institutions/ Program Share Madonna University 30.6% Wayne State University 27.9% Northwood University % Davenport University 4.8% Source: Department of Technology, Management & Budget & IPEDS Intelligence

7 Page 7 of 9 Indirect Competitor Analysis The below degrees are not directly related to this program, but produce graduates that are qualified for the same types of occupations. DU graduates are expected to face some amount of competition from those graduating from the following programs. Occupational Category Chief Executives Qualifying Degrees Public Administration Business Administration and Management, General Entrepreneurship/Entrepreneurial Studies Finance, General International Business/Trade/Commerce Management Science. Occupational Category General and Operations Managers Qualifying Degrees Parks, Recreation and Leisure Facilities Management, Other Public Administration Business Administration and Management, General Retail Management Entrepreneurship/Entrepreneurial Studies Finance, General International Business/Trade/Commerce Management Science. Sources: U.S. Department of Education Institute of Education Sciences National Center for Education Statistics Intelligence

8 Page 8 of 9 Wage Data Chief Executives Area Mean Wages Wage at 10th Wage at 25th Median Wages Wage at 75th Wage at 90th $ 182,150 $ 81,290 $ 112,520 $ 164,570 Ann Arbor, MI $ 171,490 $ 79,780 $ 115,550 $ 164,100 Battle Creek, MI $ 122,180 $ 18,280 $ 21,220 $ 115,490 $ 165,190 Bay City, MI $ 177,260 $ 89,520 $ 112,670 $ 156,330 Detroit-Warren-Dearborn, MI $ 205,670 $ 103,620 $ 137,080 Flint, MI $ 195,260 $ 88,050 $ 123,720 $ 183,230 Grand Rapids-Wyoming, MI $ 179,800 $ 85,530 $ 107,080 $ 154,800 Jackson, MI $ 160,440 $ 99,150 $ 113,460 $ 140,350 Kalamazoo-Portage, MI $ 164,980 $ 81,500 $ 111,090 $ 133,940 Lansing-East Lansing, MI $ 162,160 $ 83,680 $ 109,660 $ 140,790 Midland, MI M $ 139,630 $ 70,730 $ 88,350 $ 109,990 $ 176,820 Monroe, MI $ 153,500 $ 45,320 $ 81,570 $ 122,740 Muskegon, MI $ 173,710 $ 52,510 $ 97,390 $ 170,070 Niles-Benton Harbor, MI $ 180,000 $ 79,550 $ 112,540 $ 159,890 Saginaw, MI $ 168,290 $ 85,010 $ 101,710 $ 143,170 South Bend-Mishawaka, IN-MI $ 168,100 $ 80,690 $ 95,500 $ 162,330 General and Operations Managers Area Mean Wages Wage at 10th Wage at 25th Median Wages Wage at 75th Wage at 90th $ 112,300 $ 42,800 $ 62,650 $ 93,150 $ 139,690 Ann Arbor, MI $ 129,700 $ 53,820 $ 74,440 $ 106,310 $ 166,140 Battle Creek, MI $ 102,970 $ 38,260 $ 54,550 $ 78,510 $ 120,500 Bay City, MI $ 93,890 $ 35,820 $ 50,290 $ 76,290 $ 115,500 $ 156,210 Detroit-Warren-Dearborn, MI $ 120,190 $ 44,340 $ 65,780 $ 100,230 $ 154,110 Flint, MI $ 98,750 $ 41,770 $ 60,120 $ 87,410 $ 121,240 $ 164,450 Grand Rapids-Wyoming, MI $ 114,350 $ 49,090 $ 67,200 $ 94,610 $ 139,170 Jackson, MI $ 113,260 $ 38,000 $ 59,090 $ 90,420 $ 145,950 Kalamazoo-Portage, MI $ 106,470 $ 38,030 $ 60,120 $ 89,590 $ 138,520 Lansing-East Lansing, MI $ 104,330 $ 45,050 $ 63,670 $ 93,930 $ 129,040 $ 170,500 Midland, MI M $ 92,130 $ 43,240 $ 54,700 $ 75,140 $ 111,660 $ 160,560 Monroe, MI $ 97,800 $ 39,360 $ 54,850 $ 78,620 $ 121,200 $ 185,740 Muskegon, MI $ 99,940 $ 35,360 $ 57,600 $ 85,490 $ 122,200 Niles-Benton Harbor, MI $ 100,460 $ 40,190 $ 55,500 $ 84,120 $ 112,980 Saginaw, MI $ 103,660 $ 42,400 $ 62,600 $ 81,040 $ 126,090 South Bend-Mishawaka, IN-MI $ 90,860 $ 36,730 $ 51,200 $ 77,410 $ 110,640 $ 161,660 Intelligence

9 Page 9 of 9 *Please note, data is not always available for all regions; availability is based on total size of the market for a particular job title. Source: Department of Technology, Management & Budget & U.S. Bureau of Labor Statistics Division of Occupational Employment Statistics Intelligence