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    Julie Smith David
    The Future of Accounting Education: Assessing the Competency...
    paper presentation posted December 6, 2015 by Julie Smith David, last edited December 6, 2015, tagged IMA-AAA MAS task force 
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    title:

    The Future of Accounting Education:  Assessing the Competency Crisis presented at Colorado Society of CPAs

    author or authors:

    James E. Sorensen, Ph.D., CPA, CGMAS, School of Accountancy, University of Denver

    presentation session:
    Colorado Society of CPAs Accounting Faculty Symposium
    date:
    October 18, 2014 at 01:00pm

    Comment

     

    • Robert E Jensen

      Competency-Based Learning (where teachers don't selectively assign grades) --- https://en.wikipedia.org/wiki/Competency-based_learning

      Western Governors University (with an entire history of competency-based learning) ---- http://www.wgu.edu/
      Especially note the Business Administration (including Accounting) degree programs

      From a Chronicle of Higher Education Newsletter on November 3, 2016

      Over the past 20 years, Western Governors University has grown into a formidable competency-based online education provider. It’s on just its second president, Scott D. Pulsipher, a former Silicon Valley executive, who stopped by our offices yesterday.

      WGU has graduated more than 70,000 students, from all 50 states. But a key part of the institution’s growth strategy is local, using its affiliations with participating states (not that all the partnerships start smoothly, mind you). There are six of them, and more growth is on the way; Mr. Pulsipher says WGU is in serious discussions to expand into as many as five more states — he declines to name them — at a pace of one or two per year.

      The university's main focus remains students, he says. One example is an effort to minimize student loans. Through better advising, students are borrowing, on average, about 20 percent less than they did three years ago, amounting to savings of about $3,200. “Humans make better decisions,” Mr. Pulsipher says, “when they have more information.” —Dan Berrett

      2016 Bibliography on Competency-Based Education and Assessment ---
      https://www.insidehighered.com/quicktakes/2016/01/26/rise-competency-based-education?utm_source=Inside+Higher+Ed&utm_campaign=0f02e8085b-DNU20160126&utm_medium=email&utm_term=0_1fcbc04421-0f02e8085b-197565045

      Bob Jensen's threads on competency-based learning ---
      http://www.trinity.edu/rjensen/Assess.htm#ConceptKnowledge

    • Robert E Jensen

      From a Chronicle of Higher Education Newsletter on November 27, 2018

      I’m Goldie Blumenstyk, a senior writer at The Chronicle of Higher Education covering innovation in and around academe. Here’s what I’m thinking about this week:

      Thoughts on the rise of the mega-university

      A few weeks ago, when I wrote about Southern New Hampshire University, I called it a forerunner of a new breed of institution, the nonprofit mega-university. Now I have a confession to make: I’m still not exactly sure what that means, or what it could lead to.

      But it’s obvious to me, and to others I spoke with in the course of reporting that article, that the emergence of mega-universities — institutions like Southern New Hampshire and Western Governors University, with big online footprints, a heavy reliance on adjuncts, and standardized curricular models — will change how higher education is provided.

      Other colleges, with smaller online programs, are already feeling the pricing pressure and competitive impact, and those that have yet to enter that arena could find it harder and harder to get any traction. In the words of Russell Poulin, director of policy and analysis for the WICHE Cooperative for Educational Technologies, “The University of Whatever doing one more M.B.A., that’s going to be hard.”

      “Hard,” Poulin argues, shouldn’t mean that every University of Whatever has to throw in the online towel. But it probably means they’ll need to plan with intentionality. As Poulin puts it, a Walmart coming into a small community will often crush local retailers, but “local restaurants can thrive next to chains” by being more attuned to local demands and tastes. Colleges will have to find the educational equivalents.

      In the future, Poulin contends, colleges won’t be able to just opt out of online education. “It will be an expected option of a modern college or university,” he says, even if it takes on a different form than the model the behemoths offer.

      Mega-universities could do more than change the market for students or alter the nature of faculty roles. That’s where things could get even more interesting.

      As the author and higher-education consultant Michael B. Horn suggests, institutions like Southern New Hampshire and Western Governors “could help change the definition of quality” for online education, but only if they can show that their students are getting consistently great outcomes. “That,” Horn says, “would be a good game changer for the field.”

      I think Horn is onto something. One of the biggest missed opportunities from the era when big for-profit universities dominated the online-education scene was their failure to capitalize on all the learning data they were collecting from their students. By dint of their size and sophistication, they had rich sets of data and, even several years ago, at least some rudimentary tools to analyze it.

      Yet for the most part, those colleges used the information for their own proprietary purposes rather than to demonstrate, in any transparent or consistent manner, that their education models were effective. (I can imagine many readers thinking, “They never showed that because they couldn’t.” I’ll stop short of saying that. But if they had the data to prove otherwise, few shared it.)


      It remains to be seen how the big nonprofit online players will approach matters. But as you might have sensed from the Southern New Hampshire story, I see a heartening early sign in the reporting on student outcomes that Western Governors has adopted. In its
      annual report, the university, which now enrolls more than 100,000 students, published a chart showing trends in its six-year graduation rate and a comparison to a national-average graduation rate for nonselective, nonprofit institutions.

      That may not be a perfect measure. But as WGU’s president, Scott Pulsipher, told me, “even an imperfect measure, consistently tracked,” is valuable because it will show improvements or failings.

      Pulsipher told me that he believes it’s important to report data on student outcomes. “You can buy awareness,” he said, “but you earn reputation.”

      The things WGU measures — graduation rates, students’ debt loads upon graduation, salary boosts — are valuable but not enough. And online or not, “good” measures of academic quality are still all too elusive. (For his part, Paul LeBlanc, Southern New Hampshire’s president, says one goal he sets for his institution is that “people leave us in better financial condition than when they came in.”)

      I wish I had better answers. Maybe you do. With the higher-ed landscape becoming increasingly dominated by big online operators, what are the (realistic!) measures of quality that they could be assessing and highlighting? Any other great examples of institutions that have found a way to demonstrate quality? Please send me your thoughts, and I’ll share what I hear.

      As Horn puts it, we’re still “in the early innings” of the mega-university era. Certainly, institutions like SNHU and WGU could stumble, or, as with the British Open University (perhaps the first nonprofit mega-university, which was
      once a source of inspiration for American colleges exploring distance education), fall victim to internal and outside forces and suffer enrollment and reputational declines. But I doubt this trend will reverse itself, unless of course the institutions fail to step up to the challenge. In other words, and with apologies to Voltaire (and Spiderman), with great size comes great responsibility. The question is: How well will they take it on?

      Continued in article

      Bob Jensen's threads on competency testing for academic credit ---
      http://faculty.trinity.edu/rjensen/assess.htm#ConceptKnowledge