2019-2020 Finance (BS) Assessment Plan

Assessment Year: 2019-2020
School: Business and Information Systems
Department: Accounting and Finance
Program: Finance (BS)
Department Chair: rclovey
Department Assessment Coordinator: rruiz
Program Coordinator: chsu
Completed by: chsu
Other Contributors:
Date Completed:2019/12/17 16:23:00 US/Eastern

Program Mission

The Bachelor of Science in Finance program will provide students with the skills and knowledge necessary to succeed as entry-level finance professionals. These include: (1) the competencies to apply appropriate principles of valuation for major financial assets and securities; (2) the ability to engage in research and evaluate whether investments and corporate financial policies maximize the entity's value; (3) the ability to evaluate the international financial environment and develop appropriate international financial strategies; (4) the ability to identify appropriate financial instruments to implement corporate financial decisions and investment strategy, and (5) the skills to execute financial decisions in compliance with professional regulations and codes of conduct.

Assessment Plan

Outcome 1

Program Goal

Competence in written and oral communication

Program Student Learning Outcome

Communicate the financial implications related to financing or investing decisions

Alignment with York’s Institutional Learning Outcomes (ILOs)

Self-Reflection and Accountability - Reflect on their learning, identify challenges, create a plan to meet the challenges, and improve decision-making.

Alignment with MSCHE Standard III Competencies

Written Communication

From which course(s), section(s) will you collect student artifacts?

FINC 475

Sample Size

20

Measure

Term paper

Measure Type

Direct

Target

80% of students in Developing and Accomplished


Outcome 2

Program Goal

Competence in written and oral communication

Program Student Learning Outcome

Discuss financial analytical outcomes

Alignment with York’s Institutional Learning Outcomes (ILOs)

Intellectual Discovery and Creativity - Demonstrate excellence in academic inquiry, creativity, research, collaboration and professional growth.

Alignment with MSCHE Standard III Competencies

Oral Communication

From which course(s), section(s) will you collect student artifacts?

FINC 475

Sample Size

20

Measure

Project Presentation

Measure Type

Direct

Target

80% of students in Developing and Accomplished


Outcome 3

Program Goal

Ethics, including knowledge of financial regulations and professional codes of conduct

Program Student Learning Outcome

Discuss the ethical implications of financial and investing decisions

Alignment with York’s Institutional Learning Outcomes (ILOs)

Integrity - Demonstrate integrity as a central value in all aspects of their engagement including learning, research and service.

Alignment with MSCHE Standard III Competencies

Critical Analysis and Reasoning

From which course(s), section(s) will you collect student artifacts?

FINC 475

Sample Size

20

Measure

Term paper

Measure Type

Direct

Target

80% of students in Developing and Accomplished


Rationale for the Plan

We have chosen the above PGs/PSLOs in order for our students to develop essential skills required for a finance professional, including the ability to communicate the financial analytical outcomes and the financial implications related to financing or investing decisions. The PGs/PSLOs are also design to promote integrity and ethical thinking that are essential for a finance practitioner.

Data Collection and Evaluation

The data will be collected at the end of the spring semester. The program coordinator, Dr. Hsu, will work with the FINC 475 instructor to collect the data and the department’s assessment committee will evaluate, analyze and interpret the data for the academic year. The results will be presented to the department chair and discussed with the entire faculty to develop an action plan for the following academic year.