tristatecoog wrote:* rodrod, did you go to SMU?
* I'm glad UH seized its 15 minutes of fame with the Tier 1 thing. I don't think people who go to OK State, Alabama, Arkansas and LSU are worried about those schools being Tier 1. In fact, they're probably all Tier 3 in Bloomberg's rankings (old US News rankings).
* Good point about nursing programs. My niece says Angelina College is a more rigorous program than SFA. So some work went into which commuting option was best.
National Merit Scholars are a bit different than National Hispanic or Achievement Scholars but all are noteworthy. I recruited both NMS and NM Achievements at UH. Very different student profiles. UT has never offered NMs a lot of money but A&M does and OU/Alabama/UH are even more aggressive about it. OU or Bama have more than any other public school in the nation.
* My old Fortune 50 employer got BBAs in Finance from SMU and UT. TCU's BBA is fine but they weren't as good as SMU or UT and the program is smaller. TCU's MBA is too small and has a lot of international students. A&M's MBA program doesn't focus enough on prior experience. Wharton's BBA program should be #1 in any ranking. Their students are talented, aggressive and have lots of options.
* Should SMU spend less money funding athletics like Rice does? $18 million or so cash infusion every year. Or keep trying to fund it, like TCU did, until it hits the P5 payday?
* I'm pretty sure b-schools and law schools are huge profit centers for universities. Yes, the b-school faculties are highly paid relative to liberal arts but the students tend to have higher SATs and maybe pay more. For example, I understand that SMU's one year finance masters doesn't give scholarships. How many doctoral students are funded in Cox as a percentage of the majors? As percent of budget? Engineering and science programs, with lab space, tend to have the lowest margins.
1. no
2. it was still a mistake and the shine has already worn off and all of the schools you listed have a significantly higher numerical ranking from US News (and Bloomberg only ranks business programs) and since the US News rankings as flawed as they are are much better known than the Carnegie Foundation Classifications (and much easier to find and "understand") the concept of "tier 1' will fall on deaf ears once anyone that would be sold on "tier 1" looks and sees that other schools they are considering are ranked much higher in the much better known and much more discussed US News rankings
3. I can assure you that SFA has a much better nursing program because it is a BSN/RN program VS an LVN program and BSN/RNs have a much higher upward mobility, nursing programs are highly regulated for accreditation (so none are slouches) and SFA has a well funded program with nice new facilities and small class sizes.......if she wants an BSB/RN she will have to transfer somewhere anyway after the LVN and most Angelina students would transfer to SFA
4. the letters were national merit finalist and national merit semi-finalist.....I should have saved it and it may be in some box somewhere in my parents attic, but who knows after all these years and them moving some......and as the article I linked to says UT used to have a ton of national merit scholars and was one of the highest universities in number of them recruited until they and others decided to look beyond that slim metric for a more broad student
5. as for the rankings it was just a discussion that TCU can make claims as can UT and A&M and others.....it is like law schools.....Baylor prepares you for trial, UT is too big, UH has three specializations they plow money into, SMU is about connections and all the other arguments people want to make
6. if SMU thinks that spending money will guarantee them a major conference invite that is probably a poor decision since as of now I believe that conference expansion is probably not happening again for a while specifically with the 5 majors and the only real concern SMU needs to look at is winning in football, transitioning to a different coach in basketball sometime in the future and the possibility (though slim) that only 64-65 teams break away from the rest of D1-A.....I think it would be a min of 80 teams that do so for a number of reasons.....mainly because 65 teams is hard to work around especially since there is no chance of ND still being allowed to float around doing whatever they want (even more so since they suck most years) and there is no chance that any program is going to get kicked out of their current conference and I see little chance that any of the current conferences blow up in favor of all 16 team conferences or 20 team conferences.......those numbers are just stupid and limit your ability to schedule teams you want to schedule while tying you to too much crap
what in the hell would UT want to dump Baylor, ISU, KSU and others for in order to get tied in with WSU, Oregon State and Utah....UT can schedule games with the desirable teams in the PAC 12 any season they wish without tying themselves to the multitude of undesirable programs in the PAC that are 2 time zones and thousands of miles away from where UT fans are located and where UT is located and where UT recruits
and again even if the Big 12 folded who is the ACC or whoever going to add to get to 16.....are they really going to look past the former members of the Big 12 to add teams from the other conferences like the AAC, Sunbelt, CUSA, MAC and MWC......hey guys we did not add KSU and ISU or Baylor because north Texas state is a "sleeping giant"in a "huge potential market".......Boise only has "upside" those former Big 12 teams are "down and out now" (no disrespect to what Boise has actually done on the field of play, but academics matter too and while Boise is working on those as well......well do more work and call back please)
is the Big 10 and SEC just going to add scraps or are they going to try and get an ACC team or two as well......and really it all falls on the Maryland lawsuit (and not even necessarily then) because that is still la lawsuit about an exit clause penalty contract not the newer GOR contracts that the ACC and Big 12 have now so even if Maryland was to totally beat that contract it is not a GOR contract like others would have to beat now
and with 64-65 teams really who is going to be the whipping boy every year.....remember in a 16-20 team conference that means without a doubt you will have 8-10 teams that probably suck because for every in conference game that is a win it is automatically a LOSS for your conference as well.......you will NEVER get past a ratio of 50% wins and 50% losses for your conference with in conference games the only way you can bring real strength to a conference year in and year out is to play OOC games and win them because an OOC game offers the 50/50 chance of a win OR a loss to your conference not the guarantee of both....and if you win you hurt the conference win loss ratio of another conference you don't just a corresponding loss to some other team in your own conference
80 teams or even 96 teams just makes it so much less messy as well.......and look at the PAC 12 who are they going to grab to go to 16-20 teams.....if the Big 12 really folds UT is going to the Big 10 or even the ACC before the PAC 12 that is just how it will happen and they would even go to the SEC before the PAC 12 and same with OU......they looked at the PAC 12, they saw the reality, they moved on that is why they are not in the PAC 12 now
so if SMU wanted to spend money wisely they would make sure they are in the upper 50% of things and either win on the field and court in the conference they are in now and if things shake up make sure they are in the position to be one of the 80 or 96.....I stand by the idea that academics are going to matter more and more anyway specifically because of the pay for play that morons are pushing and because schools are tired of having to coddle mush mouths that can't read and the only way to get away from that is to make sure that some other academically bankrupt school can't access that player either if you pass on them and the way to do that is to make rigorous academic requirements and standards for the PRIVILEGE of NCAA participation and all those that are concerned about "getting paid" while ignoring that programs even in the CUSA spend an average of $90,000 damn dollars per NCAA athlete and 100% of the CUSA programs LOSE MONEY and require university support can "get paid" elsewhere (probably at the drive thru or in prison for many of them once university athletic programs are no longer dumping grounds for them) .......the "get paid' types have always been too stupid to understand the difference between revenues and profits and what is spent on something VS what is in their stupid greedy ignorant pocket which is why 90% of them will be broke a few years after they stop "getting paid" if they are one of the very small % that actually goes pro in a sport
Rice is actually the one that should be more concerned with getting into that 80-96 team mix, but if academics matter like I think they will in the future then Rice is in somehow some way
7. law schools USE TO BE profit centers for universities to some degree, but of course universities rode that horse into a deep grave they might never get it back out of
as for business schools VS engineering it has always been said that law and business bring in the private donations that is why having those programs especially highly ranked ones have been important, but it is engineering, medicine, and the natural and hard sciences that bring in the grants
lets look at some numbers
http://giving.utexas.edu/why-give/why-w ... r-support/
the above is a break down of where the 2 billion+ dollar UT budget comes from
22% state money and AUF (PUF) money
24% tuition and fees
44% grants and other areas.....that includes intellectual property which I think brings in about $12 million per year to UT (can't remember off the top of my head too lazy to search it up) and we know that athletics brings in $165 million (so that is about 6.7% of the total budget) and then dorms and housing is included in that as well and UT has a small % of students that actually live on campus for a university that large (7941 in 2013) .....if a dorm and meal plan is 18,000 per year (too lazy to look up the number) that is another $143 million or about 5.8% of the total budget.....so knock off dorms and athletics and that 44% is down to 31.5% of the total UT budget
so in other words using quick math 31.5% of the UT budget comes from grants, contracts and intellectual property and only 24% comes from tuition and fees for actual classes......and that of course includes business and law classes and when you right a grant (or often when you get a donation for research an donations were in a different category on the above chart) a university takes at least 20% right off the top for "overhead" so 31.5% of a $2.48 billion dollar budget is $781 million and 20% of that for "overhead" is $156 million
22% (tuition and fees) of $2.48 billion is $595 million and $156/$595 = 26.2%
so at UT just the 20% OVERHEAD collected off the top from research grants and contracts is equal to 26.2% of what the TOTAL tuition and fees brings in for UT.......and again that is excluding the other 80% of those grants and contracts that pay grad students and post docs, often cover grad students tuition and fees (that then is included in that 22% tuition and fee number), sometimes even pay part of a professors salary exclusive of the 20% overhead, outfit labs and lab spaces that then can be leveraged to bring in more grants and on and on......so while tuition and fees brings in $595 million to UT grants and contracts brings in $781 million and UT (and ALL universities) take a nice chunk right off the top of that for overhead as well
so while business school tuition is nice and that might be sprinkles on the top of the icing of the cupcake....grants and contracts are the cupcake and some of the frosting as well
here are some different numbers
http://www.google.com/url?sa=t&rct=j&q= ... KBkQiB1xlQ
the important aspect of this powerpoint is the THECB weighting matrix which is near the end....and while the powerpoint is from TAMU-CC the formula is the same for all Texas PUBLIC universities in Texas (even UT and Texas A&M)
so what that is showing is the weighted number used to calculate state formula funding that goes for instruction and operations (one of two formulas to fund public universities in Texas)......and instruction and operations is "faculty pay and staff pay" for the most part
Liberal Arts is normalized to a 1
so for lower division undergrad classes business is weighted at a 1.11 which is at the lower end of the scale......but when you get to upper division classes business moves to a 1.78 which starts to be at the higher end of the weighted scale especially relative to things besides engineering and the hard sciences
when you get to masters level classes business is a 3.42 which is higher than some, but still lower than science and engineering of course....but when you get to a doctoral program business is a 24.27 which is the highest weighted average of all programs of any level except for pharmacy
and so it goes back to what I said about many universities not even offering PhDs in business because it cost so much to recruit the faculty that can teach those degrees.....and you also have to keep in mind that these are STATE weighted averages and they are in the context of the state funding a "business program" and that includes at Sul Ross, Angelo State, Sam Houston, Texas A&M-CC and on and on and the state is not going to fund those programs to be highly ranked (the state funds NO degree programs to be highly ranked) they fund them on a weighted average basis of what it cost to generally have that program as a degree program just like any other degree program in any other subject field
and business programs can get away with having MBAs (especially ones with real world experience) teach classes especially lower division ones and that is still a faculty member with a "terminal degree", but when you get into upper division classes you generally have to move towards faculty members with a PhD in that field and even the state recognizes this and then of course to have a PhD program you 100% have to have a faculty member (or members of course) with PhDs and the state has to recognize the cost of hiring a PhDed business professor and what that cost entails because of the rarity of PhD business programs, the rarity of people that get a PhD in a business field and the fact that industry will pay them a great deal of money
so when you look at the jump that even the state recognizes it takes to have a PhDes business professor, you take into account that the weighted average graph posted is to fund a "business program at some random state university not a highly ranked business program, you add in that highly ranked business programs are going to have to hire mostly faculty with PhDs VS MBAs because that will matter in the rankings and you look at the cost of what it takes to get them and especially the highly ranked ones......and lastly you know that business programs generally do not bring in large grants and contracts and the importance of the grants and contracts to a university budget and shown above and it all shows that to run a mid level to top level business program with any type of rankings and recognition you are going to pay and pay dearly for faculty members
so perhaps I was a bit incorrect in saying that "a business program" is expensive to operate what I should have said is a respected and ranked and known business program is expensive to run because of the lack of grants and contracts and the cost of faculty that are needed to bring that prestige because even as a state weighted average for 'generic business program" shows once you get to a level of offering a PhD it is extremely expensive to hire those faculty and even though the weighted average for lower division, upper division, and masters level programs shows that business is only in the middle to perhaps even lower than the middle weighted average.....again that is for 'generic state university business program" and to elevate yourself beyond that you are going to need those PhDed faculty members (even if your program does not itself offer a PhD in business fields) because those will be the faculty with the highest stature and in academia terminal degrees (even if awarded to an idiot) matter in all things ranking and prestige related so while you can have some "brilliant real world highly respected MBAs" teaching your undergrads at the end of the day to have a well respected business program you need a hell of a lot more PhD holders around and they also can't be the ones that happen to also be idiots with a PhD they have to also be the respected ones with real world value as well
and so to get all of that going you have to charge higher tuition and fees for business programs, sometimes you might even cheat some dollars from some other programs, you need large donations to your business programs and unfortunately what you will not often have available is large grants and contracts for research and intellectual property
so I should say that highly ranked business programs are expensive to run even at the undergrad level while generic university business programs are in the mid range and still without the benefit of grants and contracts
you might also notice a few other things as well.....the infrastructure formula funding is talked about....and while "generic business program" needs classrooms and chalkboards highly ranked business programs need nice buildings with advanced AV tools in the classroom, they need large circulations of periodicals, they need nice offices for highly paid faculty members and other toys that attract students and faculty on a competitive basis and the state does not fund all of that they fund "generic space"....so again to a school looking for a ranked business program or even a well above "average" business program that is respected even in the state or region it is an expensive proposition to keep up with the Whartons and UTs and SMUs of the world (and of course SMU and TCU and Baylor ect. fund all of theirs strictly on tuition and endowment)
and you also might notice how some schools even of the same size or some even of smaller size get the same overall % of the state total higher ed funding (and UT and A&M while not 100% larger than others get 100% more of that %) this goes back to those weighted averages and the fact that UT and A&M have pretty much ALL the most expensive programs out there from undergrad to PhD level and they have large enrollments in those high weight programs as well relative to others and then with the universities of similar size you can see who concentrates on the low weighted average degrees and who concentrates on the higher weighted average ones.......and then of course rankings, endowment dollars, research funding and academic reputation tend to fall right in line with that as well
so when some take "state funding" and divide by "number of students" without regard for what majors are offered, the level of the student from undergrad to masters to professional to PhD it is easy to see why some cry (wrongly) about "more money per student to X university vs Y)
and also they ignore that all of that is based on FTE or full time equivalent students which s 15 hours for undergrads and 9 hours for graduates so it also shows a bit which schools are for part timers and commuters.....so hey complainer from large generic state U with no programs of merit, no endowment, low research funding, and poor quality graduate programs stop offering crap McDegrees, stop catering to part timers, and actually crack a book every once in a while and get a decent degree instead of holding out the begging bowl for more money to fund up degree programs no one wants to hire from!