ACCOUNTING DEPARTMENT UPDATE
							May, 2006
	Each graduating class in the College of Business and Computer Science
	(COBACS) completes an “assessment” exam their last semester (fall
	or spring--- more graduates in the spring).  This nationally-created and
	administered “Major Field Assessment Test” (MFAT) was given to 110,000
	"business" college seniors Spring, 2006 at 513 institutions nationwide.
	SBU COBACS Seniors "Did It Again!"  They achieved the highest
	ranking possible by "testing" at the 95th percentile level--and SBU
	accounting majors finished 1st, 3rd, 5th, & 7th among SBU test takers.
	The relative ranking of the SBU College of
	Business and Computer Science graduates for the last five assessment
	exams is shown in the table below.  For example, a 90th percentile ranking
	means that SBU graduates ranked “at or above” 90% of the business
	graduates taking the exam.
	Semester of MFAT Exam				Percentile Rank of SBU Graduates
	May, 2006						95%
	December, 2005						90%
	May, 2005						90%
	December, 2004						90%
	May, 2004						88.5%
	Six of the previous 9 classes have ranked above the 83rd percentile.
	SBU's College of Business and Computer Science strives to create a
	rigorous academic program in a purposeful Christian environment.  That
	gives SBU graduates an edge in the marketplace.  When the graduates
	leave SBU, they are not only mentally prepared, but they are much more
	emotionally and spiritually prepared to be servant leaders of integrity in the
	business world.
	For those who are already taking advantage of SBU's Excellence, we thank
	you and continue to look forward to your "Christian business advancement."
	For those looking for the right business college, we hope you consider SBU's
	excellence and take advantage of the "SBU Edge."
					B. Wayne Clark, CPA				1600 University Ave
					Chair, SBU Accounting Department				Bolivar, MO 65613
					SBU				wclark@sbuniv.edu
					Phone: 417-328-1951; web: www.sbuniv.edu/academics/accounting