College of Business undergraduates outperform all on national exam

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Each year,  College of Business seniors take the Peregrine exam, a nationally norm, summative assessment used to measure learning outcomes and the general knowledge of BBA majors.

The test covers a wide range of business topics including accounting, economics, management and marketing.

Lipscomb students led in all four categories in comparison with other Associate to Advance Collegiate Schools of Business (AACSB Accredited Schools), Accreditation Council for Business Schools and Programs (ACBSP), ACBSP Region 3 Southeastern Council schools and other faith-based Institutions.

According to Ray Eldridge, dean of the College of Business, the goal of the department is to produce graduates with character, integrity, and competency in the workforce. The standard follows Psalm 78:72, “And David shepherded them with integrity of heart; with skillful hands he led them.”

“This standardized exam given to business undergraduates across the nation is just one piece of data that shows we are achieving our goal for developing business competence,“ said Eldridge.

According to 2017-2018 results, business seniors outperformed their peers; what Eldridge recognizes as a statement that Lipscomb graduates represent quality and can compete with the best.

John Crawford, assistant dean of accreditation and assessment  and professor in the College of Business, said the test provides guidance for the College of Business faculty. Close examination of topics with lower scores give instructors insight into what students need in the classroom to succeed in future exams.

While the institution is proud of their undergraduates, Crawford said there is still room for growth.

“Even if the students of a business program are doing rather well, improvement can still be a goal,” said Crawford. “That is the true competition to engage in -- always trying to make Lipscomb students better today than they have been in the past.”