School of Business Student Success

The School of Business prepares students for professional lives in business and related fields. We accomplish this with rigorous coursework complemented by practical assignments, opportunities for practical experience outside the classroom, and an accessible, academically and professionally qualified faculty.

School faculty members focus on several measures of student progress and success by evaluating program measures such as retention and adjusted graduation rates as illustrated below.

Mount Union students typically declare a major in their sophomore year. In a table provided below, the retention between freshman and sophomore years is the institutional number and percentage, including all undergraduates. The retention between the sophomore to junior year and junior to senior year is the department number and percentage, representing only majors in the department.

First to second-year retention rates are for all UMU students in the cohort (first-year, full-time students) second to third and third to fourth-year retention rates are for students that had a declared a business major by the end of the fall semester of their second year

Cohort Matriculation Year	Fall 2016	Fall 2017	Fall 2018	Fall 2019	Fall 2020	Fall 2021	Fall 2022
University Cohort (n)	642	539	625	555	550	491	550
Enrolled second fall (n)	483	413	450	422	394	408
First to second-year retention in University	75.2%	76.6%	72.0%	76.0%	71.6%	83.1%
Unduplicated School of Business students in fall of year two (n)	71	76	92	66	62
Unduplicated business students in fall of year three (n)	53	57	67	50	80
Second to third-year retention within business	80.3%	82.6%	88.2%	86.2%	88.9%
Unduplicated School of Business students in fall of year three (n)	63	64	82	63
Second to third-year retention within business	88.7%	84.2%	89.1%	95.5%

Adjusted graduation rate includes only students that have declared a major, and is based on the matriculation year of first-year, full-time students.

Declared an EABA major and graduated with an EABA major*
Student matriculation year	2014	2015	2016	2017	2018
Four-year adjusted graduation rate	78%	77%	77%	70%	78%
Five-year adjusted graduation rate	83%	80%	83%	77%	82%
Six-year adjusted graduation rate	87%	82%	86%	87%	-
Declared majors (n)	169	146	127	125	134

*Students with mulitple majors are counted in each major

The School of Business is presently graduating students from 10 majors and reports on the numbers of majors graduating in each of the majors during the past three years. Presently, the economics major is being taught out and only a minor in economics will be offered.

Majors	2019-2020	2020-2021	2021-2022	3-Year Average	% of School of Business Grads, 3-Year Average
Accounting	11	10	16	12.3	9.4%
Economics	4	0	4	2.7	2.0%
Finance	15	16	14	15.0	11.5%
Human Resource Management	9	17	8	11.3	8.7%
Management	25	26	18	23.0	17.6%
Marketing	42	24	33	33.3	25.5%
Public Relations*	1	4	6	3.7	2.8%
Risk Management and Insurance**	0	1	3	1.3	1.0%
Sport Business***	18	32	34	28	21.4%
School of Business Total Graduates	125	130	137	130.7	100.0%

*Pending ACBSP Application; Public Relations joined the School of Business in 2021-2022

**Risk Management and Insurance Program began in 2020-2021

***Sport Business major joined the School of Business in 2018-2019