March 5, 2020—Missouri Western State University has announced it will commence a review of its academic programs as part of a multi-pronged strategy to reduce costs, stabilize the university’s long-term financial health and strengthen its core programs.
Pursuant to a policy adopted by Missouri Western’s Board of Governors last week, the university has convened an Academic Review Board to review academic programs on a variety of criteria including student enrollment, operational costs, academic quality, centrality to institutional mission, cost effectiveness and workforce demands. Going forward, Missouri Western plans on further investing in programs in demand such as nursing, health services, business and STEM among others.
“In the current competitive landscape, we simply cannot be all things to all people. Rather, we need to reimagine our institutional identity, become even more distinctive and focus our limited resources in areas of strength,” said President Matt Wilson. “Missouri Western needs to be adaptable to evolving workforce needs in the area and continue working to prepare our graduates for future success. Our applied learning mission is consistent with this approach.”
The program review process will occur between now and April 24, with recommendations taken to the Board of Governors at its April 29 meeting.
“Although this a critical and difficult process, we see it as an opportunity to align our portfolio of offerings with a long-term strategy to better serve our students and the community,” said President Wilson. “Our focus is to proactively move forward and emerge even stronger from the strategic decisions forthcoming from the program review process.”
In October of last year, the Board approved a revised operating budget with a $3.178 million projected deficit. While the institution has closed the gap through cost-savings measures, it needs to address a continuing budgetary gap while preparing for the future.
“Missouri Western will continue its efforts to respond to market trends in higher education while elevating students, serving the community and making a difference,” said President Wilson.
Missouri Western State University is a student-centered learning community preparing individuals for lives of excellence through applied learning. Missouri Western is located in St. Joseph, Mo., and is committed to the educational, economic, cultural and social development of the region it serves. Visit www.missouriwestern.edu.