Alert

MAY 14

COVID-19 Information

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The LVC Department of Business and Economics places a high value on successful student outcomes. Our program strives to develop and enhance students' understanding and application of business skills. The measurement of learning outcomes is central to assessing the success of our program's curriculum and is central to our commitment to excellence. 

All students in Business Administration, Accounting and Economics, participate in an inbound assessment as freshman and outbound assessments as seniors. By evaluating learning outcomes consistent with the learning goals of our programs of study and our external accrediting organization (ACBSP), our goal is to measure the wide range of skills and knowledge central to the LVC business, accounting and economics curricula.

 

Program Quality Indicators

Inbound vs. Outbound Assessment Results

Areas of Business 
Competency
2015-16
2016-17
2017-18
 
Inbound
Outbound
Inbound
Outbound
Inbound
Outbound 
Accounting
42.44%
 53.02%
 34.90%
 54.31%
37.50%
 50.38%
Business Ethics
32.89%
 46.04%
 34.51%
 48.04%
 32.27%
49.42%
Business Finance
28.44%
 39.81%
 29.07%
 40.59%
 24.89%
41.73%
Business Integration & Strategy
34.67%
 55.47%
 34.90%
 57.06%
 28.86%
55%
Business Leadership
33.33%
 45.47%
 39.41%
 52.16%
 32.05%
44.81%
Economics
39.11%
54.72%
39.44%
58.24%
38.94%
52.69%
Macroeconomics
39.11%
 47.92%
 36.67%
 54.12%
 39.15%
 46.92%
  Micoeconomics
39.11%
 61.51%
 42.22%
 62.35%
 38.72%
 58.46%
Global Dimensions of Business
33.56%
 43.02%
 29.61%
 42.55%
 29.55%
 40.19%
Information Management Systems
38.67%
 52.45%
 37.06%
 52.35%
36.14%
 54.23%
Legal Environment of Business
35.33%
 49.62%
 40.56%
 51.76%
34.47%
 46.73%
Management
33.56%
 53.02%
 42.35%
 49.22%
 39.32%
 46.15%
HR Management
35.57%
59.20%
 41.62%
 51.48%
 36.24%
 43.26%
Operations Management
34.67%
 46.63%
40.70%
 47.09%
 37.67%
 46.75%
Organizational Behavior
30.46%
 53.37%
 44.85%
 49.11%
 44.14%
 48.55%
Marketing
33.56%
 46.98%
 32.35%
 51.76%
 30.23%
 46.92%
Public Administration Principles & Foundations
NA
NA
60%
NA
50%
NA
Quantitative Research Techniques & Statistics
35.11%
 47.92%
 32.59%
49.41%
 32.55%
 46.35%
Totals
35.06%
48.96%
 35.68%
 50.62%
 33.15%
 47.88%

 

Enrollment by Major

 
 
Fall Semester
2015
2016
2017
2018
2019
2020
Accounting
64
75
56
62
46
47
Business Administration
145
120
135
159
202
220
Economics
34
37
38
26
13
19
International Business
9
10
10
10
9
Total & (% of all majors)
243 | 12.8%
241 | 12.5%
239 | 12.5%
257 | 13.5%
271 | 14.2%
295 | 17.1%

 

Total Undergraduate Degrees Awarded

 
 
Five Academic Years
2014-2015
2015-2016
2016-2017
2017-2018
2018-2019
2019-2020
Accounting
14
14
24
14
17
15
Business Administration
42
49
38
38
30
36
Health Care Management
0
1
0
0
0
0
Economics
14
14
22
11
10
3
Total & (% of all majors)
70 | 13.3%
78 | 15.4%
84 | 17.9%
63 | 15.6%
57 | 14.2%
54 | 12.9%

 

Four Year Graduation Rate by Original First Major

 
2011
2012
2013
2014
2015
2016
 
N
N Grad
Grad Rate
N
N Grad
Grad Rate
N
N Grad
Grad Rate
N
N Grad
Grad Rate
N
N Grad
Grad Rate
N N Grad Grad Rate
Accounting
17
10
58.8%
14
8
57.1%
12
10
83.3%
7
8
28.6%
8
6
75.0%
10
8
80.0%
Business Administration
21
10
47.6%
16
7
43.8%
21
15
71.4%
16
8
50.0%
19
14
73.7%
11
8
72.7%
Economics
2
1
50.0%
4
2
50.0%
1
0
0.0%
2
1
50.0%
2
0
0.0%
0
0
0.0%

 

Cohort Retention by First Major

 
2014
2015
2016
2017
2018
2019
 
N
N Ret
Ret Rate
N
N Ret
Ret Rate
N
N Ret
Ret Rate
N
N Ret
Ret
Rate
N
N Ret
Ret
Rate
N
N
Ret
Ret
Rate
Accounting
11
11
100.0%
16
14
87.5%
23
18
78.30%
13
11
84.6%
20
13
65.0%
14
14
100.0%
Business Administration
27
19
70.4%
35
24
68.6%
20
16
80.0%
28
18
64.3%
39
16
41.0%
29
27
93.1%
Economics
3
3
100.0%
2
2
100.0%
2
0
0.0%
3
2
66.7%
1
1
100.0%
0
0
100.0%