Bachelor of Commerce (Digital Marketing) - Postsecondary ...
Bachelor of Commerce (Digital Marketing) - Postsecondary ... Bachelor of Commerce (Digital Marketing) - Postsecondary ...
A couple of Stakeholders have suggested that London could potentially be positioned as the business school centre of Southwestern Ontario, with the addition of an alternate business degree offering at Fanshawe College. Being located in the same city as the University of Western Ontario’s Richard Ivey School of Business was also noted as a possible benefit to Fanshawe College’s proposed business degree programs. With a range of business degree options between Western and Fanshawe, London could conceivably be marketed as the business school centre, similar to Waterloo’s reputation as a “technology city”. A few commented that this strategic vision would help to offset the decline of London’s manufacturing economy. “In London, we have Ivey which focuses on the MBA and they don’t care about a common degree. So we need something under it as a team for the community. London could become a focal point for business. If Fanshawe has degree programs then the system is complete. We work with government to set up an international student service centre. It’s not just for students to live, but parents will come to visit them. Set up international week. Invite them and talk to them about projects. In my mind when that centre is set up and we get Ivey School involved, we do the basic things such as business plans and Ivey could do the strategic plans. So there is a vision. We are different from Ivey. This is a strategic vision of seeing London as a business centre.” “Fanshawe in SW Ontario, it would make sense as a hub that we should have more degrees. We can draw from other smaller colleges who can’t afford to do degrees that could feed into ours.” Strengths of the Programs Themselves Many Stakeholders stated that Lawrence Kinlin School of Business has an already established reputation and strong relationship with the London business community which could be leveraged by the new degree program offerings. “With HR, there are already bridges built. Other programs have co‐op programs, so we have a relationship with those employers. Business programs have a relationship with Small Business Center and Canadian Institute of Management. Every program has connections with one or more professional bodies.” “We do have a relatively healthy employer market. Large companies like 3M, London life, etc that could be a good employer market for grads. Fanshawe has a good relationship with these companies, but a lot of big companies like 3M, RIM, Kellogg or McCormick’s look for university degrees for entry level marketing management positions. Fanshawe grads often don’t get hired. 3M does have retention problems with some of their university grads because they want to enter in middle management at high pay. This results in high turnover. They perceive that a college grad may be more grounded in terms of expectations.” “Play up strengths. We have a great track record with employers, certification agencies, with skills based and training and education, but we can also offer you the things a degree will get LKSB Degree Program Feasibility Study • 2011 64
you. A broader look at the world. As a college we have a growing amount of resources. Smaller classes. Faculty with industry experience, applied learning.” Many argued that the instructors are a key element to the program’s success. Co‐op programs could also be a potential sell to students. The applied course structure and instructors who have industry experience would ensure that training is relevant to the workplace, an important aspect of a college education. “Our programs are designed to getting a designation of that field. That is our top strength.” Almost everyone has experience in the industry. Professors in universities don’t. Here they have experience and are members of designation organizations. They teach what is important to kids.” “For some it might be co‐op, for some it might be the certifications. It may be that the programs can take people further. I think the quality of the faculty with their industry experience is always something we can talk about and our strategy to continually update programs and to bring in things like search engine marketing and that kind of thing. This school has lots of great ways for students to interact with employers outside of their studies. It’s that whole student experience between clubs, networking nights, guest speakers. That would also appeal to the target market of this.” Of the four programs, internal Stakeholders felt the most confident about the success of the Accounting and Human Resources program since both are in relatively high demand. Stakeholders also described the marketing degree as having a unique competitive advantage with a specialization in the areas of eMarketing and search engine marketing, including a partnership with Google. “From the accounting perspective. We would have it set up; you would have all the credits for CGA – advanced and CMA – entrance exam point. UWO does not have this.” “Accounting program…we are the only school in this market that is offering international designation.” “In marketing we do have a niche…eMarketing, digital marketing, we have clearly carved out a niche in that area more so than any other college that I am aware of. That clearly is an area where we have a distinct advantage, I think.” “We are trying to build a reputation in search engine marketing and Google analytics. That is one of competitive advantages. We thought it would be an opportunity to provide a niche program. The market is in need of more tacticians in that area. No one else is graduating students who are able to functional in those areas. I thought it was a great opportunity. No other colleges or universities in that area. Anyone offering marketing needs to touch upon digital marketing but everyone is teaching it at a theoretical level, hands on to help write Google LKSB Degree Program Feasibility Study • 2011 65
- Page 173 and 174: When Prospective Students were aske
- Page 175 and 176: program (15.4%) and International B
- Page 177 and 178: Chart 2. Attitudes about a College
- Page 179 and 180: One concern that several employers
- Page 181 and 182: College Applications Trends by Busi
- Page 183 and 184: “Regionally, we are the largest c
- Page 185 and 186: Student Interest in LKSB Proposed B
- Page 187 and 188: Chart 10. Alumni ‐ Interest in De
- Page 189 and 190: Chart 11. Marketing Application Tre
- Page 191 and 192: Chart 13. Employer ‐ Importance o
- Page 193 and 194: Accounting Application Trends The f
- Page 195 and 196: The program was less appealing to P
- Page 197 and 198: However, an analysis of Statistics
- Page 199 and 200: HR Management Specializations with
- Page 201 and 202: Labour Market Needs Provincial and
- Page 203 and 204: International Business Management A
- Page 205 and 206: Student Interest in LKSB Proposed B
- Page 207 and 208: two‐thirds of employers were fami
- Page 209 and 210: though. I also hope that courses ta
- Page 211 and 212: C. Conclusion and Recommendations T
- Page 213 and 214: Emphasizing LKSB’s key strength -
- Page 215 and 216: As a core program offered in most u
- Page 217 and 218: LKSB is considering a number of spe
- Page 219 and 220: B. Detailed Findings Overall Percep
- Page 221 and 222: “The bar to get into Ivey is very
- Page 223: optimal if we could provide ongoing
- Page 227 and 228: Potential Challenges in Offering th
- Page 229 and 230: their buy in, but it wouldn’t be
- Page 231 and 232: pathways within their region. The c
- Page 233 and 234: yet whether it is practical to deli
- Page 235 and 236: Chapter 2. Competitive Analysis A.
- Page 237 and 238: for career preparation, highlightin
- Page 239 and 240: Leadership and Management. Of these
- Page 241 and 242: C. Detailed Findings Section 1. Com
- Page 243 and 244: Specifics of College Business Degre
- Page 245 and 246: University Business Degree Program
- Page 247 and 248: iii. Summary of Diploma and Postg
- Page 249 and 250: A greater proportion of women than
- Page 251 and 252: Chart 6. Proportion of Business Pro
- Page 253 and 254: Accounting The application trend fo
- Page 255 and 256: Finance/Financial Services/Financia
- Page 257 and 258: College is attracting 17% of enroll
- Page 259 and 260: Chapter 3. Current Business Student
- Page 261 and 262: interested in university are less i
- Page 263 and 264: Over half of Current Students (57%)
- Page 265 and 266: Almost one‐third (29%) of Student
- Page 267 and 268: Table 5. Considering a Degree by De
- Page 269 and 270: Factors of Importance in Choosing a
- Page 271 and 272: Section 3. Interest in Lawrence Kin
- Page 273 and 274: Appeal of Marketing Degree Based on
A couple <strong>of</strong> Stakeholders have suggested that London could potentially be positioned as the business<br />
school centre <strong>of</strong> Southwestern Ontario, with the addition <strong>of</strong> an alternate business degree <strong>of</strong>fering at<br />
Fanshawe College.<br />
Being located in the same city as the University <strong>of</strong> Western Ontario’s Richard Ivey School <strong>of</strong> Business<br />
was also noted as a possible benefit to Fanshawe College’s proposed business degree programs. With a<br />
range <strong>of</strong> business degree options between Western and Fanshawe, London could conceivably be<br />
marketed as the business school centre, similar to Waterloo’s reputation as a “technology city”. A few<br />
commented that this strategic vision would help to <strong>of</strong>fset the decline <strong>of</strong> London’s manufacturing<br />
economy.<br />
“In London, we have Ivey which focuses on the MBA and they don’t care about a common<br />
degree. So we need something under it as a team for the community. London could become a<br />
focal point for business. If Fanshawe has degree programs then the system is complete.<br />
We work with government to set up an international student service centre. It’s not just for<br />
students to live, but parents will come to visit them. Set up international week. Invite them and<br />
talk to them about projects. In my mind when that centre is set up and we get Ivey School<br />
involved, we do the basic things such as business plans and Ivey could do the strategic plans. So<br />
there is a vision. We are different from Ivey. This is a strategic vision <strong>of</strong> seeing London as a<br />
business centre.”<br />
“Fanshawe in SW Ontario, it would make sense as a hub that we should have more degrees. We<br />
can draw from other smaller colleges who can’t afford to do degrees that could feed into ours.”<br />
Strengths <strong>of</strong> the Programs Themselves<br />
Many Stakeholders stated that Lawrence Kinlin School <strong>of</strong> Business has an already established<br />
reputation and strong relationship with the London business community which could be leveraged by<br />
the new degree program <strong>of</strong>ferings.<br />
“With HR, there are already bridges built. Other programs have co‐op programs, so we have a<br />
relationship with those employers. Business programs have a relationship with Small Business<br />
Center and Canadian Institute <strong>of</strong> Management. Every program has connections with one or more<br />
pr<strong>of</strong>essional bodies.”<br />
“We do have a relatively healthy employer market. Large companies like 3M, London life, etc<br />
that could be a good employer market for grads. Fanshawe has a good relationship with these<br />
companies, but a lot <strong>of</strong> big companies like 3M, RIM, Kellogg or McCormick’s look for university<br />
degrees for entry level marketing management positions. Fanshawe grads <strong>of</strong>ten don’t get hired.<br />
3M does have retention problems with some <strong>of</strong> their university grads because they want to enter<br />
in middle management at high pay. This results in high turnover. They perceive that a college<br />
grad may be more grounded in terms <strong>of</strong> expectations.”<br />
“Play up strengths. We have a great track record with employers, certification agencies, with<br />
skills based and training and education, but we can also <strong>of</strong>fer you the things a degree will get<br />
LKSB Degree Program Feasibility Study • 2011<br />
64