2.  Builds strong foundation of finance
 Understanding of personal finance
 BizCafe business simulation enhances
teamwork, leadership & public speaking
 Greater opportunity for future success

3.  Problem & Solution
 Stakeholder Analysis
 Force Field Analysis
 Resistance & Programs to Combat It
 Communication Strategy
 Implementation Plan & Budget
 Practicality
 Assessment & Consolidation

4.  College Students are expected to know
important financial basics
 Most college students are lost in the practical
financial world
 Nichols College students are held to a high
expectation level of business skills

5.  Umass Amherst: Isenberg School of
Business
 BUS-MGMT “Personal Finance for Business
Leaders”
 They’re not the only ones…

6.  Fills the knowledge
gap
 Builds a strong
foundation
 Gives vital early-on
experience
 Provides a brighter
future

7.  1st order change
 Relatively small
change
 Incremental change
in daily activities

8. PROBLEM: There is a need for a course here at Nichols
College teaching financial basics & essential business
skills that college students are just assumed to know
Students
who
already
know the
material
RANK: 7
Low
Student
Interest
RANK: 2
Stakeholder
Opposition
(fear of
failure)
RANK: 4
Staffing
Issue
RANK:
8
RANK: 1
High
Student
Interest
RANK: 5
Higher
Retention/
Job
Placement
Rates
RANK: 3
Increase in
Competitive
Edge
RANK: 6
Better
School
Reputation

9. Prof. Westerling
Curriculum
Committee
Bill Boffi Students
Stakeholders

10. Decision Power Students
Bill Boffi's Office
Curriculum Committee
(CC)
Professor Westerling
(Assoc. Dean of
Business)

11.  Student interest level
 Fear of Failure
 Practicality of the course
 No professor willing to teach the course

12.  Directly aligned with Nichols
mission & learning
objectives
 Builds strong foundation for
future courses
 Develops students with
career-focused experience
 Preview of “Nichols
Experience”

13.  Social Media
 Info Session at Fels
 Newsletter (Bison Beat) Ad
 Flyers
 Brochures
 Surveys

14.  4 out of 7 said they lack an
understanding of basic finance
 7 out of 7 said they would take this
course
 Student Interest Level: High
 Give the people what they want

15.  Step 1: Obtain Faculty approval in
department (1 Day)
 Step 2: Prepare a Curriculum Change
Form (1-2 Days)
 Step 3: Department Chair signs proposal
and gives to the Curriculum Committee
(1-3 Days)

16.  Step 4: The Curriculum Committee Chair
(Dr. Jay Price) schedules the proposal for
review by the committee (1-2 Weeks)
 Step 5: The Curriculum Committee Chair
sends the approved proposal to the
Associate Dean of Business ( Professor
Westerling) (1-7 Days)
 Step 6: Once Dean approves, then
sends 4 copies of the proposal back to
the Curriculum Chair (4-7 Days)

17.  Step 7: The Curriculum Chair completes
the proposal and is sent for review by the
General Education Committee (1-9
Days)
 Step 8: Once passed, is sent to the
Registrar Betin Robichaud (3-4 Days)
 Step 9: The Registrar adds the new
course to the course catalog for students
to select (1 Day)
TOTAL IMPLEMENTATION
TIME:
23-48 Days

18.  Emphasis to Stakeholders- course
objectives aligned w/ Nichols core
values
 Promotions- ads, flyers, brochures, info
session, social media(twitter)
Spread the Word- increase interest by
telling other students about the course

19.  Low impact & low
cost budget to fund
change
 $100 for food at the
info session
 $50 for supplies and
ink for brochures and
flyers

20.  Besides promotion costs there is no cost
involved
 Little funding required to cover
promotion costs
 Adjunct professor if needed ($3000 per
course)

21. 0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Before Course After Course
(Projected)
Student Interest
Retention Rate
Job Placement Rate

22.  Student survey after course
 Feedback from students (SIR’s &
supplement)
 Group project, Final Exam, and Student
Reflection results
 Effect on retention & placement rates
(Gap Analysis)

23.  Review Assessment Results
 Weaknesses of the course will be
addressed & improved upon
 Student success & interest= future
student enrollment