The school becomes one of 24 nationally to be part of this educational program and the only one in New Jersey. This partnership coincides with Rider starting a business analytics major and a master’s of science degree in corporate finance.
Ron Cook, associate dean for graduate programs in the College of Business Administration, expects the Barron’s partnership to help boost students’ financial understanding. Rider has about 1,600 students and professors in the business college. They will have access to the online version of Barron’s for two years.
“Barron’s approached us with a new program, Barron’s in Education, so our students have access to the electronic version of Barron’s,” Cook said. “They are interested in working with different colleges around the nation. They are boosting financial literacy to help the business college connect with the real world.”
Barron’s came up with a sponsorship model and the sponsor for this program is L. Marc Shegoski, managing director of Princeton Investment Consulting UBS.
“He wanted to give back to our educational system and boost our students’ financial literacy,” Cook said. “It focuses on a broader range with our programs. This holistic approach will use the Barron’s materials to teach their classes in this program.”
This coincides with Rider building an analytics center and revamping its classrooms.
“We want to stay on top,” Cook said. “With the explosive growth in the analytics major, we are providing the best learning environment and providing a makeover of our building and highlighting some of the value that we provide.”
Construction in the business college began in June. It is renovating classroom space and should be done by before students return for the fall semester.
Rider is also offering online programs and is revamping its curriculum.
“We are constantly looking to see what is important to our employers so areas of growth and new topics are incorporated into our curriculum,” Cook said. “We have an advisory council of professionals who help us maintain this contact.”
As part of this effort, Rider instituted an Engaged Learning Program to provide its students with two transcripts. One lists their competencies.
“We want to be able to show that our students were not only a good student and they did something [outside the classroom],” Cook said. “One student was president of a student organization. It provides documentation so students tell their stories. We think this will give our students a leg up in the marketplace.”
Accountancy is another high-demand course on the graduate level.
Rider is also renovating and expanding its College of Liberal Arts and Science buildings because more students have enrolled in majors within them. Rider started a health science program in 2016 and has already attracted 165 students to the program.
“Science continues to move forward and the technological needs of the science laboratory also move forward,” said DonnaJean Fredeen, Rider provost and vice president for academic affairs. “The renovations are greatly needed and we are excited to do that. We are adding on a wing to the building.”
Rider is exploring adding advanced manufacturing and engineering, which are New Jersey industries that need more skilled employees, Fredeen said.
“As we have been looking to build new programs, we have been focusing not only on what our potential students are interested in but also what does the regional workforce need,” she said.