3. UVU STUDENT DEMOGRAPHICS
• 110% increase in students of color since 2009
• 27% work more than 31 hours per week
• 29% are older than 25
• 38% are married; 21% support at least one child
• 49% are part-time students
• 38% are first-generation students
4. FRESHMEN ENROLLMENT
The Chronicle of Higher
Education reports (Aug. 2016)
UVU enrolls more freshmen from
Utah than any other 4 year
institution in the state
• 83% of UVU freshmen from Utah
• 68% are from Utah County
5. WOODBURYSCHOOLOFBUSINESS
ENROLLMENT
• Largest headcount for schools in USHE
• 5,038 students (2015-16)
• 5.7% average annual growth — last 5 years
• 6,500 enrollment projection in 2020
• 8,400 enrollment projection in 2025
7. PROGRAMMATIC COST-EFFECTIVENESS
• UVU’s Business Instructional
Expenditure per FTE is 16%
below the USHE average.
• Programs are developed to
ensure sustainability,
maximum faculty utilization,
and space efficiency (e.g. MBA
specialization development).
8. PROGRAMMATIC STRENGTHS
• Highest undergraduate CFA pass rate in
the nation
• Active engagement in American
Marketing Association, Marketing
Strategy Competition
• Top 10 Nationally Ranked in Personal
Financial Planning Program
• Money Management Resource Center
• Volunteer Income Tax Assistance (VITA)
216 returns last year
• Neuroscience Sales and Marketing Lab
(SMART Lab)
9. INSTRUCTIONAL LIMITATIONS
The School of Business currently has
5,000+ students with only 78,000 sq. ft.
in the current business building.
• This equates to 15.6 sq. ft. per
student.
• With estimated enrollment growth this,
will drop to 13 sq. ft. per student in 2
years.
10. STRUCTURAL LIMITATIONS
With a 40 year old masonry sheer and
bearing structure with a post-tensioned
floor system design the removal of walls
or drilling through floors could cause
collapse.
• Difficult to provide adequate Wi-Fi
access
• Unable to install new media systems
especially helpful for business
instruction
11. The new Woodbury School of
Business building was added
to the approved Master Plan in
2004 and made a strategic
priority on the approved 2016
Master Plan.
PART OFBOARD APPROVED CAMPUS
MASTER PLAN
13. ENERGY CONSERVATION AND
EFFICIENCIES
• The new building will connect
to our geothermal heating.
• No additional boilers
will be required.
• Energy efficient construction
and technology will be
prioritized and utilized.
14. REPURPOSED FUNCTIONALLY
OBSOLETE SPACE
The existing 79,000 sq. ft.
business building will be
repurposed for programmatic
expansion and classroom space
better suited for its design and
technical capabilities.
15. RESOLVES DAILY OPERATIONAL
CHALLENGES AND THREATS
• Reduces the dangers of
over crowded hallways.
• Improves Wi-Fi connection
for students.
• Increases restroom
availability.
18. INNOVATIVEDELIVERYOFACADEMICPROGRAMS
• Specialty labs for: Bloomberg, Personal Financial Planning,
SMART Lab
• Student Success and Professional Development Centers
• Entrepreneurial Innovation Center
• Unique study spaces purpose-built for millennials
• Purpose-built space and technology to support growth
21. ADDRESSES STATE & REGIONAL NEEDS
2017 Economic Report to the Governor
22. ADDRESSES STATE & REGIONAL NEEDS
GOED STRATEGIC PLAN 2016-2020
The programmatic offerings in the Woodbury
School of Business directly address 3 of the
Governor’s 6 Strategic Objectives:
• #3 Business Development & Entrepreneurship
• #4 Tourism & Outdoor Recreation
• #6 Collaborative Solutions
23. ENHANCES EDUCATIONAL OUTCOMES
• Improves timely
completion of students
graduating with degrees
and certifications
• Enhances opportunities for
experiential engagement
with regional economic
drivers
