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Bachelor of Commerce (Digital Marketing) - Postsecondary ...

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pr<strong>of</strong>essional certifications. The degree programs would also help raise the status and pr<strong>of</strong>ile <strong>of</strong><br />

Fanshawe College.<br />

As degree programs bring in more funding from the government, the <strong>of</strong>fering <strong>of</strong> the business degrees<br />

would also help Fanshawe College enter the top funding level for colleges, leading to an increased<br />

reputation as a “Top Tier” college.<br />

“Good for college from the funding perspective.”<br />

“The other huge issue is the direction by the ministry, the move towards a differentiated status<br />

system, where they expect to have three tiers or three funding levels for colleges. Fanshawe is<br />

pretty eager to be in that top funding level. We need ten or 12 degree programs to qualify for<br />

what we used to call polytechnic status.”<br />

“And as more and more <strong>of</strong> the business pr<strong>of</strong>essional credentialing partnerships are moving to<br />

degree based requirements there is more and more pressure for us to remain relevant, to <strong>of</strong>fer<br />

the diploma, the advanced diploma, certificate and the degree suite <strong>of</strong> products. We need the<br />

full suite.”<br />

“We hope that provides a benefit for us in terms <strong>of</strong> enrollment, we may have students stay<br />

longer. Certainly it will be more in line with industry certifications that are moving towards<br />

degrees. This gives us a product that maintains that good relationships. International students<br />

know that degrees are better than diplomas. Generally enhanced image for the college that we<br />

have a degree. In many minds, a degree is a minimum for some employers. We can <strong>of</strong>fer it in a<br />

new flavour that is in keeping with employers needs too, in terms <strong>of</strong> practical skills.”<br />

Importantly, the business degrees would benefit students in the community, <strong>of</strong>fering a more<br />

accessible and affordable program, as well as one that is based in practical skills learning and training.<br />

As the Richard Ivey Business School’s high standards <strong>of</strong> admission and high tuition costs are <strong>of</strong>ten cited<br />

as barriers to accessibility for many local students, the majority <strong>of</strong> Stakeholders noted there is an<br />

opportunity for Fanshawe College to provide students, who wish to stay in the area and study in<br />

business, a more accessible and affordable educational package.<br />

“I see it as a tremendous opportunity to better support post secondary opportunities for students<br />

in our region. There is a demand for degree programs in business. A lot <strong>of</strong> our students do not<br />

have access to the University <strong>of</strong> Western Ontario, which is our home university... and our home<br />

students are really disadvantaged by the high entrance marks required by UWO, and our<br />

students are even more disadvantaged coming from a lot <strong>of</strong> small communities, Woodstock ,<br />

Simcoe, in accessing a degree program in business.”<br />

“Price will make us attractive. We are located in a city with a university with a strong reputation<br />

and they just can’t accept [all] the students that want to attend university in this community. We<br />

are hoping that our entry requirements will be just slightly lower than theirs. We’re hoping that<br />

students from London won’t have to leave the city to get a business degree.”<br />

LKSB Degree Program Feasibility Study • 2011<br />

60

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