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College of Business Administration Military-Friendly Graduate Programs: A SDSU Perspective Nikhil P. Varaiya Director of Graduate Programs Professor, Department of Finance College of Business Administration San Diego State University Presentation at WACSB Meeting in Honolulu, October 5-6, 2015

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Page 1: College of Business Administration Military-Friendly Graduate Programs: A SDSU Perspective Nikhil P. Varaiya Director of Graduate Programs Professor, Department

College of Business Administration

Military-Friendly Graduate Programs: A SDSU Perspective

Nikhil P. VaraiyaDirector of Graduate Programs

Professor, Department of FinanceCollege of Business Administration

San Diego State University

Presentation at WACSB Meeting in Honolulu, October 5-6, 2015

Page 2: College of Business Administration Military-Friendly Graduate Programs: A SDSU Perspective Nikhil P. Varaiya Director of Graduate Programs Professor, Department

College of Business Administration

Introduction

• One of the biggest challenges for vets who strap on the book bag right after taking off the uniform is the loss of camaraderie and purpose that the military provided. Schools and their vet students must work together to ease the transition. (Best for Vets: Colleges 2015, Militarytimes.com)

• Reputation matters, said Stephen Abel, Director of the Office of Veteran and Military Programs and Services at Rutgers, The State University of New Jersey.

“If you get a degree from a school that has a solid academic reputation, that’s a really big plus,” Abel said. And if the school has made a big effort to

accommodate vets with special programs and policies, “that makes the transition all the more easy.” (Best for Vets: Business Schools 2014,

Militarytimes.com)

• The biggest challenge according to Lloyd McGuire, a prior active-duty Marine doesn’t come in the classroom but at the bank. With a wife and young son at home, doing without a full-time salary is difficult, he said. But he thinks it will be worth it.

“Take that leap of faith. Use the GI Bill, which is the greatest benefit, and invest in yourself, and the world is yours.” (Best for Vets: Business Schools

2014, Militarytimes.com)

Page 3: College of Business Administration Military-Friendly Graduate Programs: A SDSU Perspective Nikhil P. Varaiya Director of Graduate Programs Professor, Department

College of Business Administration

Serving the Veteran Community at SDSU

• Our experience confirms that this is a highly desirable student population

Very disciplinedMatureEager to learnHighly adaptiveAcademic performance mimics that of non military peers• The Graduate Business Programs Office and the Graduate

Career Management Center in partnership with SDSU’s Veterans Center is striving to facilitate the transition of veterans to the academic and business environment through comprehensive academic and career advising.

Page 4: College of Business Administration Military-Friendly Graduate Programs: A SDSU Perspective Nikhil P. Varaiya Director of Graduate Programs Professor, Department

College of Business Administration

Veterans Education and Training Program Benefits

The term GI Bill refers to any Department of Veterans Affairs education benefit earned by members of Active Duty, Selected Reserve and National Guard Armed Forces and their families. The benefit is designed to help service members and eligible veterans cover the costs associated with getting an education or training. The GI Bill has several programs and each is administrated differently -- depending on a person's eligibility and duty status.

GI Bill Programs:- Post-9/11 GI Bill- Active Duty Montgomery GI Bill- Reserve and Guard Montgomery GI Bill- Reserve Educational Assistance Program (REAP)- Vocational Rehabilitation and Education Program (VRAP)- Post-Vietnam Era Veterans Educational Program (VEAP)The following programs are available to survivors of service members who die in the line of duty or dependents of totally disabled veterans:- Dependents’ Education Assistance (DEA)- Fry Scholarship

Page 5: College of Business Administration Military-Friendly Graduate Programs: A SDSU Perspective Nikhil P. Varaiya Director of Graduate Programs Professor, Department

College of Business Administration

Beneficiaries who received education benefits by fiscal year

Education program

2009 2010 2011 2012 2013 % change from FY 12 to FY

13

POST 9/11 34,393 365,640 555,329 646,302 754,229 17%

MGIB-AD 341,969 247,105 185,220 118,549 99,775 -16%

MGIB-SR 63,469 67,373 65,216 60,393 62,656 4%

VRAP - - - 12,251 67,918 454%

REAP 42,881 30,269 27,302 19,774 17,297 -13%

DEA 81,327 89,696 90,657 87,707 89,160 2%

VEAP 448 286 112 76 29 -62%

Total

564,487 800,369 923,836 945,052 1,091,004 15%

Page 6: College of Business Administration Military-Friendly Graduate Programs: A SDSU Perspective Nikhil P. Varaiya Director of Graduate Programs Professor, Department

College of Business Administration

Beneficiaries who began receiving education benefits by training type and program during fiscal year 2013

Education programCollege,

non-degree

GraduateUnder-

graduateVocational/technical

Program totals

Percentof all

programs

POST 9/11 90,989 23,020 102,335 4,045 220,389 83.09%

MGIB-AD 384 669 7,402 416 8,871 3.34%

MGIB-SR 448 452 15,867 547 17,314 6.53%

REAP 108 231 3,137 101 3,577 1.35%

DEA 552 523 13,335 660 15,070 5.68%

VEAP 2 2 11 - 15 0.01%

Training type totals 92,483 24,897 142,087 5,769 265,236 100%

Percent of program total

34.87% 9.39% 53.57% 2.17% 100%

Page 7: College of Business Administration Military-Friendly Graduate Programs: A SDSU Perspective Nikhil P. Varaiya Director of Graduate Programs Professor, Department

College of Business Administration

Assistance for Military Veterans at SDSU

SDSU was ranked as the 18th best business school in the nation for MBA programs

available to military veterans by Military Times magazine in 2014

The Joan and Art Barron Veteran’s Center provides assistance for veterans, reservists,

active duty personnel, as well as their dependents with applying to the university,

accessing military benefits and finding housing and employment

Page 8: College of Business Administration Military-Friendly Graduate Programs: A SDSU Perspective Nikhil P. Varaiya Director of Graduate Programs Professor, Department

College of Business Administration

Fall 2011 Fall 2012 Fall 2013 Fall 2014

Undergrad Military 868 942 937 901

Military Dependent 1802 1868 1855 1910

Self-reported Military

48 36 29 24

Undergrad Total 25741 25982 27087 27595

Graduate Military 143 162 190 183

Military Dependent 190 172 179 179

Self-reported Military

60 53 41 45

Graduate Total 4800 4861 4812 4981

Military Student Enrollment at SDSU by Student Level

Page 9: College of Business Administration Military-Friendly Graduate Programs: A SDSU Perspective Nikhil P. Varaiya Director of Graduate Programs Professor, Department

College of Business Administration

SPRING 2015 - TOTAL COLLEGE OF BUSINESS MILITARY GRADUATE STUDENTS

DEGREE

ACTIVE DUTY

VERIFIED

MILITARY SELF

REPORT

MILITARY

VERIFIEDRESERVIST VERIFIED

VETERAN SELF

REPORTVETERAN VERIFIED

GRAND TOTAL

MBA (no emphasis) 1 1 7 9MBA - ACCOUNTING 1 1MBA - ENTREPRENEURSHIP 1 1MBA - FINANCE 1 1

MSBA FINANCIAL & TAX PLANNING 1 3 4

MBA - HEALTH SERVICES ADMINISTRATION 1 1MBA - INFO SYSTEMS 2 2MBA - SPORTS 1 1 2 4

EXECUTIVE FINANCIAL PLANNER ADVANCED CERTIFICATE 2 2EXECUTIVE MBA 4 2 2 11 19

Grand Total 4 3 1 5 1 30 44

Veterans Enrollment in All Graduate Business Programs at SDSU – Spring 2015

Page 10: College of Business Administration Military-Friendly Graduate Programs: A SDSU Perspective Nikhil P. Varaiya Director of Graduate Programs Professor, Department

College of Business Administration

Cohort XXI XXII XXIII XXIV XXVTotal number of students 33 32 27 40 29Total number affiliated with the military 8 3 1 5 7% Affiliated with military based on total enrollment 24.2 9.4 3.7 12.5 24.1Navy 5 2 3 7% of Navy based on total military affiliation 62.5 66.7 0.0 60.0 100.0Marine Corps 3 1 1 2 0% of Marine Corps based on total military affiliation 37.5 33.3 100.0 40.0 0.0

Veterans Enrollment in MBA for Executives (EMBA) Program at SDSU