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St. Cloud State University

St. Cloud State University

1998-99 Academic Summary Book

College: Business
Department: Finance, Insurance and Real Estate

STAFFING 1998-1999 1997-98 1996-97
A. FTE Faculty Positions

Professors 2.667 2 2.38

Assoc Professors 1 2 2

Assist Professors 4 3 3

Instructors 1 1 1



Total 8.667 8 8.38

Percent of College 13% 13% 13%

Percent of University 2% 2% 2%

FTE Chair Reassign 0.75 2.002 0.834

FTE Noninstructional Reassign 0 0 0

FTE Sabbaticals 0.667 0 0
B. Faculty Demographic Characteristics

Appointment Status (Headcount)

Tenure 5 5 5

Probationary 3 3 3

Other 1 1 1



Total 9 9 9


Percent Male 88% 88% 76%

Percent Female 12% 12% 24%

Percent Ethnic Minority 31% 38% 36%

Percent Age 60 and Over 0% 0% 0%

Percent with Terminal Degrees 78% 78% 78%

Percent with 10 or More Years of Service 22% 44% 22%

Percent with Tenure 56% 56% 56%
C. Other Resource Information

1. Budget Allocation


Salaries/Benefits $631,011 $556,507 $576,463


Supplies $27,004 $16,253 $15,570




Total $658,015 $572,760 $592,033


2. Other Staff


Support Staff 0.976 0.92 0.85


Graduate Assistants 0 0 0


Administrative and Technical Staff 0 0 0




Total 0.976 0.92 0.85
ENROLLMENT 1998-1999 1997-98 1996-97
A. Student Credit Hours

Lower Division 267 616 -

Upper Division 3,651 5,672 5,696

Graduate 105 388 504



Total 4,023 6,676 6,200


Number Credits General Education 258 0

Percent Credits General Education 6% 0%

Percent of College Credits 11% 12% 12%

Percent of University Credits 1% 1% 1%

Continuing Studies Funded Credits
(Not In Total)


Lower Division 0 0 0


Upper Division 3 0 0


Graduate 0 0 0
B. Credit Hour Statistics

Credit Hours Per
Instructional Faculty (FTE)
555 907 842

Student Faculty Ratio
(Student FTE/Instruct FTE)
19 21 19

Budgeted Cost Per Credit Hour


Unweighted $163.56 $85.79 $95.49


Weighted (Grad @ 1.8) $160.22 $81.98 $89.66
C. Enrollment Statistics

1. Student Majors


Intended 2 1 3


Admitted 130 194 187


Admitted Majors per Faculty (FTE) 15 24 22


2. Program Completions


Undergraduate 102 103 104


Graduate 0 0 0


Other (Licensures, Specialist) 0 0 0




Total 102 103 104



Percent of University Graduates


Undergraduate 4% 4% 5%


Graduate 0% 0% 0%
CURRICULAR 1998-1999 1997-98 1996-97
A. Course Information

Average Class Size 27 19
B. Percent of Curriculum Offered

Number of Approved Courses 40 42 42

Percent Curriculum Offered 50% 69%