††††††††††† Faculty Senate Curriculum Committee
††††††††††† ††† Minutes from January 24, 2007
Jeff Durgee†††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††† Lee Odell†††††††
Prabhat Hajela†††††††††††††††††††††††††††††††††††††††††††††††† Dick Smith†††††
David Hess†††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††† Dave Spooner
Chris McDermott††††††††††††††††††††††††††††††††††††††††††††††††††††††† Ken Warriner†††††††††††††
John Schroeder†††††††††††††††††††††††††††††††††††††††††††††† ††††††††††† Mike Wozny, chair
Les Gerhardt†††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††† Kevin Craig
Guest: Iftekhar Hasan
1) The minutes from December 6, 2006 were approved unanimously with the following modifications:
o Item 3, 3rd bullet should read ďDSIS and MGMT studentsĒ
o Item 3, 5th bullet comments regarding the MS in MGMT degree refer to the proposal for the Financial Systems MS in MGMT.
2) Mike Wozny reminded the Committee that there were still many issues to discuss once the usual catalog business is completed. He mentioned 1) no grades in the first year, 2) grade modifiers at the graduate level.
3) Lally School of Management and Technology (SoM&T) - Jeff Durgee distributed a revised proposal for the proposed MS in Technology Commercialization and Entrepreneurship. Based on the feedback heís received a number of changes have been made to the proposal. Itís now a 30 credit hour program and the pre-requisite issues have been addressed. The official degree is a Master of Science in Management. The School sees this as a feeder to the MBA program. He believes there is a lot of interest among our undergraduates.
Committee members had several
questions about the curriculum. The SoM&T is working with
Iftekhar Hassan distributed and provided an overview of a proposal for an MS in Management in Financial Technology. †This focus on financial systems is not new. The School has offered a popular minor in this area.† A focus group has voiced their support for this initiative.† SoM&T is trying to do what they can with the courses they have in order to provide a better program that meets the demand for more financial emphasis.† Theyíve created options to address the various backgrounds of their students (i.e. some more technical, some more analytical).† †A short course will be offered before classes begin to provide students with the required mathematical background. The School is proposing a 6 credit thesis as an option for some students.† They expect a very few students would need to do a thesis. Committee members suggested an Independent Study would be more appropriate.
Les Gerhardt asked what financial
technology means to potential students? Is it the same as financial
engineering?† Financial engineering is
more focused on modeling.† There are
already courses offered in DSES and perhaps in the
Some of the courses are offered at
the graduate and undergraduate level and it appears that they will meet
together. Can a student get credit for both MGMT 4XXX Financial Statement
Analysis and proposed MGMT 6/7XXX? ††After
The degree is a MS in MGMT with a concentration in Financial Technology.† There are 5 courses listed in the catalog for the MS, but they are not listed in the proposal. The Committee suggested a different layout in the catalog would make it easier to understand the requirements. They suggested listing the MS core requirements with the separate concentration areas specified. The program was approved unanimously. The course changes and new courses still need to be reviewed and approved by the FSCC. All new courses must include an Academic Integrity statement.
† Course changes presented for information:
o PHYS 6110 Methods in Theoretical Physics††††††††††††† Title, description and cr hrs
o PHYS 6410 Electrodynamics†††††††††††††††††††††††††††††††††††† Description and cr hrs
o PHYS 4510, 6510 Quantum Mechanics I††††††††††††††††† Description and cr hrs
o PHYS 6520 Quantum Mechanics II†††††††††††††††††††††††††† Description and cr hrs
o PHYS 6590 Statistical Mechanics††††††††††††††††††††††††††††† Description and cr hrs
† Course Deletions presented for information:
o BIOL 4870 ††† Environmental Toxicology
o BIOL 6720 ††† Molecular Biology of Plants
o BIOL 4360 ††† Introductory Virology
o BIOL 4410 ††† Plagues, Politics and People
o BIOL 4310 ††† Industrial Microbiology
4430 ††† Aids:
o PHYS 6310 ††† Advanced mechanics
o CHEM 6070 † Advanced Inorganic Chemistry II
o CHEM 6470 † Photochemistry
o CHEM 6790 † Protein Chemistry: Design and Modification
P. Hajela asked if BIOL 4870 should be deleted given the Instituteís focus on energy. The department has no one to teach the course.
A template change in Bioinformatics and Molecular Biology was also presented. There are no changes in overall credits required for the degree. The revised template in Bioinformatics and Molecular Biology was approved unanimously.