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

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B. Executive Summary<br />

Moderate Level <strong>of</strong> Interest in a Business Degree<br />

Although 73% <strong>of</strong> Alumni say they would consider applying to a business degree in the next three years,<br />

just over half (57%) are seriously considering applying to a degree program at either a college or a<br />

university. Fanshawe College ranked third among top institutions considered for a business degree,<br />

following Athabasca University in Alberta and the University <strong>of</strong> Western Ontario. The top three reasons<br />

for considering a degree are to increase marketability in the job market (52%), to increase earning<br />

potential (52%), and to increase level <strong>of</strong> knowledge in an area <strong>of</strong> study (39%).<br />

For Alumni interested in a business degree, the top‐driving factors important in choosing a degree<br />

program are: the ability to transfer credits easily into a degree program (93%) followed by the types <strong>of</strong><br />

course <strong>of</strong>fered in the program (90%), and the possible career paths upon graduation (80%). The<br />

availability <strong>of</strong> part‐time degree options ranks relatively high in importance (77%), as does the ability to<br />

take some or all courses online (74%) and the location <strong>of</strong> the school (75%). A paid co‐op placement<br />

(26%) is the least important factor for Alumni when choosing a degree.<br />

Preference for Earning a Degree On‐line at College<br />

Alumni are more likely to prefer the applied learning approach <strong>of</strong>fered in a degree at a college in<br />

comparison to a university, and agree that a college degree is better suited for today’s post‐secondary<br />

student because <strong>of</strong> the flexible completion options and affordable cost <strong>of</strong> tuition. Although half <strong>of</strong><br />

Alumni are more likely to prefer the pedagogical approaches <strong>of</strong>fered at a college over a university, they<br />

are sceptical that employers would value a college degree as highly as a university degree.<br />

The majority <strong>of</strong> Alumni interested in the degree programs would prefer to have the option to complete<br />

the degree programs entirely online, which is likely due to the expressed desire to continue to work fulltime<br />

while pursuing a degree. In terms <strong>of</strong> course delivery, relatively equal proportions <strong>of</strong> Alumni are<br />

interested in having hybrid/blended delivery as well as fully on‐line courses. Having part‐time degree<br />

options was also proposed by Alumni wanting to continue to work full‐time.<br />

Proposed Business Degrees will Benefit London Community<br />

The research shows that Alumni agree strongly that the proposed business degrees from LKSB will<br />

benefit both prospective students and the business community in London and surrounding areas. Sixtysix<br />

percent <strong>of</strong> Alumni agree that the introduction <strong>of</strong> the proposed programs would <strong>of</strong>fer them the<br />

opportunity to return to school and update their credentials. Given that the greatest proportion <strong>of</strong><br />

Alumni graduated in <strong>Marketing</strong> from LKSB, it is not surprising that the proposed <strong>Marketing</strong> degree is<br />

most appealing, having 44% (n=25) <strong>of</strong> Alumni interested in learning specifically about the <strong>Marketing</strong><br />

degree. In terms <strong>of</strong> future interest in applying, the <strong>Marketing</strong> degree is likely to draw in 25% <strong>of</strong> Alumni in<br />

our sample. To a lesser degree, the Human Resources Management degree is likely to attract<br />

LKSB Degree Program Feasibility Study • 2011<br />

155

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