VILLANOVA SCHOOL OF BUSINESS

DEAN’S REPORT 2012-2013

3DEAN’S REPORTVILLANOVA SCHOOL OF BUSINESS

CONTENTS04 INTRODUCTION

06 CURRICULAR INNOVATIONS

08 HIGH-ACHIEVING STUDENTS

10 WORLD-CLASS FACULTY

12 NATIONAL RANKINGS

13 EXCEPTIONAL CAREER RESULTS

14 VSB OUTREACH AND ENGAGEMENT

15 STAYING IN TOUCH

5DEAN’S REPORTVILLANOVA SCHOOL OF BUSINESS

the Villanova School of Business (VSB) was

rife with good news and success stories.

I am continually proud of and impressed

by the high caliber of students, faculty, staff,

alumni and friends that comprise this thriving

community. From achievements in rankings

and career placement to programmatic

enhancements and the addition of top

scholars, VSB continues to flourish as a highly

competitive and premier institution. In this

Report I share with you some highlights of

our recent accomplishments, helping to keep

you apprised of the triumphs happening every

day at VSB.

With best regards,

Patrick G. Maggitti, PhDThe Helen and William O’Toole Dean

Villanova School of Business

IN THE PAST YEAR

PART-TIME MBA

RANKED #12 BY BLOOMBERG BUSINESSWEEK

BLOOMBERG BUSINESSWEEK RANKED VILLANOVA’S

UNDERGRADUATE BUSINESS PROGRAM AT

EXECUTIVE MBA

RANKED #17 BY FINANCIAL TIMES IN “THREE-YEAR AVERAGE” OF US-BASED PROGRAMS

38 STATES & 31 COUNTRIES ATTRACT INCOMING VSB STUDENTS

VSB APPEARED IN THE MEDIA NEARLY

200 TIMES, RESULTING IN 500 MILLION MEDIA

IMPRESSIONS

MEMBERS OF THE CLASS OF 2012 CHOSE TO PURSUE SERVICE AFTER GRADUATION46

OF THE CLASS OF 2012 PARTICIPATED

IN AT LEAST ONE INTERNSHIP OR CoOp NEARLY 95%

5,000+ JOB OPPORTUNITIES WERE POSTED FOR VILLANOVA STUDENTS IN 2012

#15IN THE NATION

7DEAN’S REPORTVILLANOVA SCHOOL OF BUSINESS

In a world marked by fast-paced change, VSB has engaged

in curricular innovations designed to meet the needs of our

students and the business community. We continue to build

on our distinctive programs and Centers of Excellence to

strengthen our programs, making enhancements that led to

our #2 ranking in academic quality among undergraduate

programs by Bloomberg Businessweek.

THIS YEAR’S INNOVATIONS INCLUDE:

• Business Analytics — An undergraduate required course

designed to make certain our students understand the

increased importance businesses place on gathering and

interpreting data in decision-making.

• New undergraduate and graduate courses sponsored

by the Center for Marketing and Public Policy

Research, including: Managing Disruptive Change

(MBA); Consumer Psychology for Optimal Business

Solutions (MBA); Public Policy Formulation (MBA);

and Understanding the Government Ecosystem

(Undergraduate).

• “Backpack to Briefcase” — Now closely integrated into

the undergraduate curriculum, this program emphasizes

career and professional development concepts to prepare

undergraduate students for success and leadership

in business. Each year, students are presented with

opportunities to learn and develop professionally as they

prepare themselves for graduation and entrance into the

business world.

• The Center for Church Management and Business

Ethics offered twelve new webinars covering a variety of

management topics such as Stewardship Best Practices,

Civil Law and Church Security and Loss Prevention.

These webinars are vital for people who are responsible

for overseeing the financial operations of churches and

dioceses.

• The Center for Church Management and Business Ethics

began to offer church management courses on-site at the

seminaries of St. Charles in Philadelphia and St. Mary’s

in Baltimore.

• New undergraduate classes that integrate learning across

disciplines. This is reflected in team-taught courses by

faculty from different colleges, such as the International

Technology and Sustainability course. Students from VSB,

Engineering and Liberal Arts and Sciences collaborated

on a project aimed at helping a rural region of Panama

design a second water reservoir for the area, determine the

best place to put it to meet the needs of the local people

and future growth, and create a business plan for utility

management and billing that doesn’t currently exist in the

region. Students spent their spring break in Panama to

collect field data and gain a better understanding of local

stakeholders within the project area.

• New international study and internship opportunities are

now available in Urbino, Italy and Singapore. Over 50%

of the class of 2013 studied abroad at some point during

their time at Villanova.

• MBA students were given the choice of travelling to the

Czech Republic, South Africa, Turkey, Chile or Argentina

to meet with business leaders in those countries.

• Revamped EMBA curriculum better addresses the

increasing complex and dynamic demands of a new global

economy, while also allowing students to maintain a

work/life balance.

CURRICULAR INNOVATIONS

9DEAN’S REPORTVILLANOVA SCHOOL OF BUSINESS

1250-1400

3.65-4.07

Mid-range SAT

CLASS OF 2016

Mid-range GPA

2013 Enrollment 2013 Applicants

UNDERGRADUATE PROGRAMThe high demand for a place in the School of Business is reflected by the fact that there is a greater than ten to one ratio of

applicants to enrollment spots in VSB. We continue to attract the highest caliber students with very high SAT and GPA scores.

VSB is also expanding efforts to increase the diversity of its undergraduate students. While the number of minority students

in VSB increased in recent years, our retention rate was not at the level we wanted. As a result, we launched a summer

program aimed at helping incoming students from diverse backgrounds transition to college. Three corporate sponsors have

provided funding for 15 students for the summer of 2013. In addition, we assigned a faculty member the responsibility of a

tutoring and mentoring program for students who come from educational backgrounds that place them “at risk.”

HIGH-ACHIEVING STUDENTS

FLEX MBA

FAST MBA

MAC

MSF

EMBA

50 100 150 200 250

153 236

70 122

34 96

28 132

30 4634.5%APPLICANTS: 4,132 ENROLLMENT: 404

Acceptance rate

VSB continues to be a desired destination for

exceptional students.

GRADUATE PROGRAMSWe also continue to see high demand for admission into

our graduate business programs. The numbers below

reflect strong growth in the number of professionals who

seek to continue their education at VSB.

11DEAN’S REPORTVILLANOVA SCHOOL OF BUSINESS

Alumnus Benjamin

Scheick, PhD, returned

to VSB as assistant professor

of finance. As a student, Dr.

Scheick received a BS in business

administration (finance) and a

BS in economics, and was awarded the Bartley Medallion

in Economics. After spending three years in consulting,

Dr. Scheick went on to earn a PhD from the University of

Florida. Dr. Scheick’s areas of expertise include behavioral

finance, corporate finance and real estate finance. He has

twice received competitive research grants from the Real Estate

Research Institute. Dr. Scheick has presented at numerous

conferences and served as a referee for the Journal of Real Estate

Finance and Economics and Real Estate Economics. At VSB, Dr.

Scheick teaches fixed income markets and valuation.

John Sedunov, PhD, joined VSB’s faculty as assistant

professor of finance. Dr. Sedunov

received a BS in business

administration from Carnegie

Mellon University and an MBA

and PhD in finance from The Ohio State University,

Fisher College of Business. Dr. Sedunov won an American

Finance Association PhD student travel grant in 2011, and

he has also presented at, or participated as a discussant in,

a number of finance conferences and association meetings.

At VSB, Dr. Sedunov teaches the financial institutions

course and conducts research in risk management, banking,

corporate finance and mergers and acquisitions.

Danielle Lombardi, PhD, became assistant professor of

accountancy after earning her

PhD from Rutgers, The State

University. Dr. Lombardi holds

a BS in accounting from the

College of New Jersey, and is a member of several sections of

the American Accounting Association (AAA), including the

Auditing, Information Systems and Strategic and Emerging

Technologies sections. In 2011, she won the Executive

Women of New Jersey Graduate Merit Award, and was a

finalist for the George Krull/AICPA Teaching Innovation

Award. Prior to pursuing her PhD, Dr. Lombardi spent

six years in industry as an auditor. She specializes in audit

research and teaches intermediate accounting at VSB.

Stephen Mahar, PhD, is associate professor in the

Management and Operations

Department at VSB. Previously

Dr. Mahar taught at the Cameron

School of Business, University of

North Carolina Wilmington (UNCW). He earned a BA in

mathematics from State University of New York at Geneseo,

a BS in mechanical engineering from Rochester Institute of

Technology, and an MBA and PhD from the Kelley School

of Business, Indiana University. Dr. Mahar received several

teaching distinctions at Cameron, including the Discere

Aude Award for excellence in teaching at UNCW in 2010

and the first-ever CSB/ISOM Department Teaching Award

in 2011. At VSB, Dr. Mahar teaches business analytics and

advises the Business Analytics Society Club.

VSB CONTINUES TO ATTRACT OUTSTANDING FACULTY. MEET OUR FOUR NEW PROFESSORS.

VSB works hard to retain the best scholars. We expanded research support and continued our

Emerging Scholars Program to provide support to junior faculty members. The School of Business

continues to recognize the importance of quality teaching by annually providing outstanding

teaching awards to the faculty. In May, Stephen Liedtka, PhD, received the award for undergraduate

teaching, and Michael Pagano, PhD, received the award for teaching at the graduate level. Also,

Mary Kelly, PhD, from the Economics Department, was awarded the University’s Lindback Award for

her outstanding teaching performance.

WORLD CLASS FACULTY

13DEAN’S REPORTVILLANOVA SCHOOL OF BUSINESS

VSB’s academic programs once again received national

recognition for excellence. Bloomberg Businessweek ranked

Villanova’s undergraduate business program at #15 in the nation.

The annual ranking is determined by academic quality,

professional development, business relevance and student

satisfaction. VSB performed exceptionally well in a number

of categories. Of particular note:

A+ IN TEACHING QUALITYA+ IN JOB PLACEMENT

As part of the ranking, Bloomberg Businessweek also provides

specialty rankings. These rankings are based on the responses

to an online survey completed by undergraduate business

students from the graduating class of 2013.

Highlights of VSB’s performance in the specialty rankings

include:

#3 IN INTERNSHIPS

#10 IN MACROECONOMICS

#11 IN INTERNATIONAL BUSINESS

#12 IN FINANCE

#15 IN MICROECONOMICS

One-hundred-twenty-three undergraduate business schools

were ranked in 14 specialty areas. VSB placed in the

top 15 in five of these areas. Nearly 95% of VSB’s 2013

graduating students who completed the survey reported

having participated in at least one internship or CoOp

experience, which led to the top three ranking placement

in this category. Our high internship ranking is especially

noteworthy, since we do not require our students to

participate in an internship as part of the curriculum.

Bloomberg Businessweek placed Villanova’s MBA program

at #12 among part-time MBA Programs, and the Financial

Times placed our EMBA Program at #25 of all EMBA

programs in the country (#17 for “Three-year Average”).

99%$54,628 average starting salary

of job-seeking students secured full-time employment

The Villanova University Career Center released the Class

of 2012 Placement Report. The report reflects career place-

ment statistics six months after graduation.

VSB students continue to fare extremely well. Within

six months of graduation, 99 percent of our job-seeking

students secured full-time employment at an average

starting salary of $54,628. Our students are beginning

their professional careers at companies like Barclays

Capital, Ernst & Young, Johnson & Johnson,

Goldman Sachs, KPMG, GE, PricewaterhouseCoopers

and the Vanguard Group.

As previously mentioned, according to the annual

Bloomberg Businessweek student survey, nearly 95 percent

of graduating VSB seniors reported having participated

in at least one internship experience.

#15IN THE NATION

NATIONAL RANKINGS

EXCEPTIONAL CAREER RESULTS#2 FOR ACADEMIC

QUALITY

15VILLANOVA SCHOOL OF BUSINESS DEAN’S REPORT

VSB continues to be respected and

sought out for the scholarship and

expertise of our faculty, our Centers of

Excellence and the value we bring to the

business community. Highlights from the

past year include:

MEDIA ATTENTION VSB was mentioned or quoted in approximately 200

unique media hits across a variety of media. This included

prestigious outlets like Bloomberg Businessweek, The

Chronicle of Higher Education, Businessweek, CNN Money,

The New York Times and The Wall Street Journal.

VILLANOVA UNIVERSITY BUSINESS LEADERS FORUMVSB held its third annual Business Leaders Forum,

which focused on “Economic and Political Transitions.”

It brought together more than 200 high-level executives

who are members of the School’s eight advisory councils

as well as other key contributors. The keynote speaker was

noted columnist and radio host, Michael Smerconish, who

discussed the impact of political transition on the economy.

MAD MONEYOn April 25 CNBC’s highly-acclaimed Mad Money filmed

an episode from the Pavilion. The episode showcased the

spirit, enthusiasm and talents of VSB students through their

participation in the filming. Many of our students were

featured on television asking questions and pitching stocks

to host Jim Cramer. The Equity Society was also highlighted

during the broadcast by Cramer. Over 800 students,

faculty, staff and alumni attended the filming on campus

and NBC10, Philly.com, WMMR’s Preston and Steve and

CNBC’s Squawk on the Street featured interviews with

Cramer from Villanova’s campus.

VSB OUTREACH AND ENGAGEMENT

GIVING BACKVSB embodies the Augustinian value of service to others. We held our second annual day of service for faculty and staff,

during which members of the VSB community and their family spent time making and delivering meals to St. John’s Hospice.

In addition, the team also collected items across campus for recycling. VSB faculty members are also involved in Habitat for

Humanity trips that involve our students. Faculty and staff have also participated in food drives for organizations that serve

those who face difficult financial circumstances.

STAYING IN TOUCHVSB’s presence on the web and in social media continues to grow. VSB launched LinkedIn pages designed to promote all of

our programs, as well as streamlined and added various groups. This year we also redesigned our web pages and enhanced our

Facebook and Twitter presence with consistent branding and design. We launched an online newsletter, The Bartley Business

Journal, that is distributed every other month in addition to our Villanova Business magazine. On Twitter, you can follow Dean

Maggitti @VSB_Dean and VSB @VU_Business. We invite you to follow us to stay up-to-date on our faculty, alumni and all

the many happenings on campus.

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800 Lancaster Avenue Villanova, PA 19085-1678