Marywood to start School of Business and Global Innovation

Marywood University's newest school means business.

The university's board of trustees approved the creation of the School of Business and Global Innovation, which school officials say will bring needed recognition to the university's existing programs and create the possibility to expand both programs and enrollment in the future.

"It puts us on a competitive playing field," said Art Comstock, Ph.D., executive director of the new school. "We're really excited. We think it takes Marywood to the next level."

The move from a business department to school will not change the core curriculum in the program's nine undergraduate majors, including aviation management, finance and marketing. But new opportunities within those programs, and the creation of additional graduate programs, are expected.

The university will start a Ph.D. track in organizational leadership and offer a hybrid Master of Business Administration, where all classes are done online, but in a forum where students can interact with their professors and fellow students in a live online format. Along with hoping to see students become successful in business and bring jobs to the region, the university also wants the school to have a global focus.

The school will highlight the mission-driven, entrepreneurial, hands-on programs that are available to students, said Sister Anne Munley, I.H.M., Ph.D., university president.

"This will greatly benefit our students. It's very innovative and very practical," she said.

Though the university has seen student success in the business program, including at entrepreneurial competitions, the program is not as well known as some of the business schools at other local universities. Officials expect being an official school of business will help with recruitment and increase enrollment from the 300 current undergraduates and 75 graduate students.

"We're confident we can take the program to a higher level of recognition," said Christopher Speicher, Ph.D., associate director of graduate and professional studies and director of entrepreneurial studies. "It's all positive. There's no downside to this."

By Sarah Hofius Hall
Published: May 8, 2014
thetimes-tribune.com