Peregrine Academic University

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Comparative Analysis Report for: Peregrine Academic University Academic Level: Bachelors October - November 2011 Included Course(s): COURSE-4000 Sample Size(s): 51 Inbound Exams, 50 Outbound Exams Page 1 of 124

Prepared By: Peregrine Academic Services, LLC P.O. Box 741 Gillette WY 82717-0741 Phone (307) 685-1555 Please direct questions to support@peregrineacademics.com Page 2 of 124

Table of Contents Report Introduction 4 Understanding and Using the Interpretive Report 4 Interpreting and Using the Exam Scores 5 Glossary of Terms 6 Internal Benchmarking 9 Total Score and Summary Analysis 11 CPC Topic and Subject-Level Analyses 14 Accounting 15 Business Ethics 19 Business Finance 23 Business Integration and Strategic Management 27 Business Leadership 31 Economics 35 Economics: Macroconomics 39 Economics: Microeconomics 43 Global Dimensions of Business 47 Information Management Systems 51 Legal Environment of Business 55 Management 59 Management: Human Resource Management 63 Management: Operations/Production Management 67 Management: Organizational Behavior 71 Marketing 75 Quantitative Research Techniques and Statistics 79 External Benchmarking 83 Total Results and Summary Analysis 85 Total Results and Summary Analysis 86 CPC Topic and Subject-Level Analyses 90 Accounting 90 Business Ethics 92 Business Finance 94 Business Integration and Strategic Management 96 Business Leadership 98 Economics 100 Economics: Macroconomics 102 Economics: Microeconomics 104 Global Dimensions of Business 106 Information Management Systems 108 Legal Environment of Business 110 Management 112 Management: Human Resource Management 114 Management: Operations/Production Management 116 Management: Organizational Behavior 118 Marketing 120 Quantitative Research Techniques and Statistics 122 Page 3 of 124

Report Introduction Understanding and Using the Interpretive Report Peregrine Academic University Summary Analysis October - November 2011 Understanding and Using the Interpretive Report The purpose of the following analyses is to assist academic program managers and assessment coordinators with programlevel direct assessment of the College/University business programs. These data should be used to assess the strengths and opportunities for improvement associated with the business academic programs based upon the knowledge levels of the students regarding the foundational learning outcomes of the business degree curriculum. An Inbound Exam/Outbound Exam testing construct provides data for internal benchmarking. The inbound exam evaluates the student's knowledge level towards the beginning of the student's program of study. The outbound exam assesses the students knowledge level at the end of the student's program of study. The difference in results between the inbound and outbound exams is the direct measure of learning for internal benchmarking. Outbound exam results are relative. Outbound exam relevancy is understood best in terms of the change in knowledge level from the time a student enters the program compared to when they graduate from the program. If identified, cohort level analyses provides program administrators with comparative information based upon the student cohort groups that the school has identified. Side-by-side comparisons are shown in this report to assist program managers with program-level analysis. External comparisons of outbound scores with the aggregate data pool should only be used as a relative index of how the assessed program compares with other programs. There is a high degree of variability between business schools with respect to specific curriculums and areas of emphasis or concentrations. Comparisons include other schools with relatively similar student populations and educational delivery means, not necessarily based on the exact curriculum of the business program (which would be nearly impossible and most likely unrealistic). Page 4 of 124

Interpreting and Using the Exam Scores Peregrine Academic University Summary Analysis October - November 2011 Interpreting and Using the Exam Scores Inbound exam results are obtained from incoming students who have not yet completed their advance program of study. Cumulative inbound exam results are only used relative to the cumulative outbound results to directly measure academic learning. Individual student results from inbound exams (provided in a separate file) can be used to help guide, advise, and place a student within a program of study; however, individual results should generally not be used for academic grading purposes other than perhaps extra credit (or some other incentive) to complete the exam. Outbound exam results are a direct measure of academic learning since the students taking the outbound exams have completed or nearly completed the degree program. Outbound exam results, both cumulatively and individually DO NOT correspond directly to a traditional academic grading scale. The exam is relative to only to the inbound results as well as the external aggregate comparisons. Therefore, academic grading of a student's outbound results as well as interpreting cumulative outbound exam results should be done only on a relative scale as opposed to a traditional academic grading scale. To encourage students to do their best with the outbound exams, an incentive is usually needed. Exam incentives include a direct grade, grading for extra credit if the result is above a certain threshold, or credit for a future assignment/activity within a course. In general, using an extra credit or credit in lieu of a future assignment is the best approach. The following table shows an approximate relationship between the CPC-Based COMP exam results and relative student performance based upon competency level. CPC-Based COMP Exam Score 80-100% Very High 70-79% High 60-69% Above Average 40-59% Average 30-39% Below Average 20-29% Low 0-19% Very Low Relative Interpretation of Student Competency If specific academic credit (grade and points) are to be awarded to students based on their exam results, the table to the left could be used to assign letter grades, extra credit, and/or course points, assuming that the exam is included within a course. Abandoned exams are not included in the data set for this report. Page 5 of 124

G l o s s a r y o f T e r m s Peregrine Academic University Summary Analysis October - November 2011 Glossary of Terms Abandoned Exam. An exam that had the 48 hour time limit elapse. These exams are auto-completed, giving the student a score of "0" for each unanswered question. These exams are only included in the school's raw data, not in the reporting or analysis. Academic Level. The academic degree level of the program: associates, bachelors, masters, and doctoral. Aggregate Pool. The aggregate pool is the data set used for external benchmarking and comparisons. The aggregate is based upon two factors: delivery modality (on-campus, blended, or online) and academic degree level (associates, bachelors, masters, and doctoral). Aggregate comparisons are performed with your student exam data and data from demographically similar schools and programs based upon course delivery modality and academic degree level. When considering the aggregate comparisons and identifying the alignment of your program with an aggregate type, consider how the majority of the program is delivered to the students. Based on the primary delivery modality of the program, the aggregate types are: 1. Aggregate: Traditional. The majority of the program is delivered at a campus location at an established college or university. The majority of the students are recent high school graduates, typically 18-22 years old. Business courses are taught on a semester or quarter basis, typically Monday through Friday. 2. Aggregate: Online. The majority of the program is delivered online to students and there is little, if any, requirement for the students to go to a campus location any time during their college or university experience. The majority of the students are considered non-traditional, meaning they tend to be older, may have some college credit prior to starting their program, and are often working adults completing their degree program. 3. Aggregate: Blended. The program is delivered to students using a combination of online and campus-based instruction and/or the program is delivered in an accelerated format. The course term is typically 4 to 8 weeks. Campus-based instruction tends to be either at night or on weekends with generally longer sessions. The student population tends to be non-traditional, meaning they tend to be older, may have some college credit prior to starting their program, and are often working adults completing their degree program. 4. Aggregate: Non-US. This aggregate pool includes colleges and universities outside of the United States. Program delivery is usually campus-based; however, the aggregate pool may include blended programs and online programs. Assessment Period. The date range for the report, which includes all the exams administered within these dates. For synchronous schools, the assessment period is generally based upon the semester or quarter. For asynchronous schools, the assessment period is generally annual, semi-annual, or quarterly. School officials determine the assessment period. Cohort. A group of students based upon a demographic factor such as degree program, course delivery modality, campus location, program start date, etc. We provide cohort-level analysis based upon one (1) cohort category that you identify at the start of the exam cycle. Page 6 of 124

Common Professional Component (CPC). As defined by the business degree accreditation bodies, the Common Professional Component (CPC) includes the following business topics: 1. Accounting 2. Business Ethics 3. Business Finance 4. Business Integration and Strategic Management 5. Business Leadership 6. Economics (Macro and Micro) 7. Global Dimensions of Business 8. Information Management Systems 9. Legal Environment of Business 10. Management (Operations/Production Management, Human Resource Management, and Organizational Behavior) 11. Marketing 12. Quantitative Techniques and Business Statistics CPC-Based Comprehensive (COMP) Exam. An exam that includes all of the CPC topics to be assessed for a specified business program. Each CPC topic has 10 questions included within exam, randomly selected from a validated test bank that includes 300-500 exam questions. Inbound and outbound exams are generated from the same test bank of questions. Exam questions were developed based upon the foundational topic information included within introductory chapters of the leading textbooks associated with the topic and the academic degree level. A 12-topic exam includes 120 questions, 10 questions/topic. External Benchmarking. Analyses performed by comparing the cumulative results from a school with a demographically similar aggregate data set. Frequency of Questions Missed. For outbound exams, the frequency of questions missed is calculated for each subject within a CPC topic. The formula is: Number of Questions Missed / Number of Questions Offered) * 100. Inbound Exam. A student exam administered early in the student's program, usually during their first or second business course, that measures the student's knowledge level at the beginning of their academic program. Internal Benchmarking. Analyses performed by comparing the inbound and outbound exam scores and/or by the analyses of the frequency of questions missed for each subject within a CPC topic. Page 7 of 124

Mean Completion Time. The average time, in minutes, to complete the exam. Mean completion time is also shown for each CPC topic. Mean completion times are usual when evaluating student effort, particularly with outbound exam results. If the outbound exams have a relatively low mean completion time, this may be an indication that the students are not putting forth their best effort. Additional incentives may be necessary to encourage better student performance (extra credit, points, letter grades, credit for future assignments, etc.). Outbound Exam. A student exam administered at the end of the student's academic program, usually within their last course, that measures the student's knowledge level at the end of their academic program. Percentage Change. The percentage change between two scores. For inbound/outbound testing, the percentage change is calculated using the following formula: (Outbound Score / Inbound Score) - 1. Percentage Difference. The percentage difference between a school's outbound student results and the aggregate, calculated using the following formula: Aggregate Score School Score. Percent Change Comparison. The percent difference between the school's percent change between inbound and outbound exam results and the aggregate pool's percent change between inbound and outbound exam results. The percent change comparison represents a relative learning difference between the specific school and demographically similar schools. Scatter Plot. A visual representation of the exam results for all students. The purpose of the scatter plot is to provide you with a visual reference for the ranges in results. Subjects. For each CPC topic, questions are grouped using 4-8 subject areas. CPC subjects generally correspond to the school's learning outcomes associated with each CPC topic. Subtopic. For the CPCs of Economics and Management, there are identified subtopics. For the CPC topic of Economics, the subtopics are Macroeconomics and Microeconomics. For the CPC topic of Management, the subtopics are Operations/Production Management, Human Resource Management, and Organizational Behavior. Summary Statistics. Includes the mean completion time, sample size, average score, standard deviation, and the min/max/median/mode scores. Page 8 of 124

I n t e r n a l B e n c h m a r k i n g Peregrine Academic University Summary Analysis October - November 2011 Internal Benchmarking Peregrine Academic University Academic Level: Bachelors October - November 2011 Included Course(s): COURSE-4000 Sample Size(s): 51 Inbound Exams, 50 Outbound Exams Page 9 of 124

Internal Benchmarking Internal benchmarking is conducted using a variety of statistical tools based upon outbound exam results with or without inbound exam results. With inbound exam results, internal benchmarking includes a direct comparison (percentage change) between the student's inbound exam results with the student's outbound exam results. These results include cumulative result (the cumulative summary of all CPC topic assessed on the exam) as well as individual results on each of the CPC topics assessed with the exam. Internal benchmarking also includes scatter plots of exam results so that program managers can readily see how students performed on the exam. The following table shows an approximate relationship between the CPC-Based COMP exam results and relative student performance based upon competency level. CPC-Based COMP Exam Score 80-100% Very High 70-79% High 60-69% Above Average 40-59% Average 30-39% Below Average 20-29% Low 0-19% Very Low Relative Interpretation of Student Competency If specific academic credit (grade and points) are to be awarded to students based on their exam results, the table to the left could be used to assign letter grades, extra credit, and/or course points, assuming that the exam is included within a course. Page 10 of 124

T o t a l S c o r e a n d S u m m a r y A n a l y s i s Peregrine Academic University Summary Analysis October - November 2011 Overview Side-by-Side of Inbound and Outbound Results Page 11 of 124

Scatter Plot: Inbound Total Results Page 12 of 124

Scatter Plot: Outbound Total Results Page 13 of 124

CPC Topic and Subject-Level Analyses Peregrine Academic University Summary Analysis October - November 2011 Inbound/Outbound Total Score Comparison Page 14 of 124

Accounting Peregrine Academic University Summary Analysis October - November 2011 Accounting Assessment Summary Assessment Summary Statistics Accounting Inbound Outbound Sample Size 51 50 Average Score 40.6 % 50.4 % Standard Deviation 16.54 14.70 Min Score 10 % 20 % Max Score 80 % 80 % Median Score 40 % 50 % Mode 50 % 50 % Frequency of Questions Offered on Outbound Exams Accounting Number of Questions Offered Frequency Missed Accounting Management 20 40.00 % Assets and Liabilities 67 55.22 % Balance Sheet 45 55.56 % Business Organization Types 13 38.46 % Capital 15 26.67 % Debit and Credit Entries 102 43.14 % Fiscal Year 52 59.62 % Income Statement 37 43.24 % Income and Costs 26 69.23 % Revenues and Expenses 30 43.33 % Transaction Analysis 93 50.54 % Page 15 of 124

Inbound Exam Accounting Result Page 16 of 124

Outbound Exam Accounting Result Page 17 of 124

Inbound/Outbound Accounting Comparison Page 18 of 124

Business Ethics Peregrine Academic University Summary Analysis October - November 2011 Business Ethics Assessment Summary Assessment Summary Statistics Business Ethics Inbound Outbound Sample Size 51 50 Average Score 54.5 % 55.6 % Standard Deviation 16.77 13.58 Min Score 20 % 30 % Max Score 90 % 80 % Median Score 50 % 55 % Mode 50 % 70 % Frequency of Questions Offered on Outbound Exams Business Ethics Number of Questions Offered Frequency Missed Ethical Beliefs 97 25.77 % International Regulation 46 52.17 % Shareholders 15 6.67 % Social Responsibility 240 47.92 % Stakeholder Analysis 102 55.88 % Page 19 of 124

Inbound Exam Business Ethics Result Page 20 of 124

Outbound Exam Business Ethics Result Page 21 of 124

Inbound/Outbound Business Ethics Comparison Page 22 of 124

Business Finance Peregrine Academic University Summary Analysis October - November 2011 Business Finance Assessment Summary Assessment Summary Statistics Business Finance Inbound Outbound Sample Size 51 50 Average Score 31.8 % 33 % Standard Deviation 13.22 13.13 Min Score 0 % 10 % Max Score 60 % 70 % Median Score 30 % 30 % Mode 30 % 30 % Frequency of Questions Offered on Outbound Exams Business Finance Number of Questions Offered Frequency Missed Business Ownership 99 64.65 % Capital Costs 21 80.95 % Debt-to-Equity Ratio 50 56.00 % Equity 27 92.59 % Financial Leverage 12 66.67 % Financial Personnel 46 76.09 % Financial Planning 25 52.00 % Financial Ratios 11 36.36 % Financial Statements 6 50.00 % Interest 16 87.50 % Profit Margins 13 69.23 % Ratio Analysis 136 61.76 % Stocks and Bonds 38 73.68 % Page 23 of 124

Inbound Exam Business Finance Result Page 24 of 124

Outbound Exam Business Finance Result Page 25 of 124

Inbound/Outbound Business Finance Comparison Page 26 of 124

Business Integration and Strategic Management Peregrine Academic University Summary Analysis October - November 2011 Business Integration and Strategic Management Assessment Summary Assessment Summary Statistics Business Integration and Strategic Management Inbound Outbound Sample Size 51 50 Average Score 51.8 % 56.8 % Standard Deviation 15.32 15.58 Min Score 10 % 20 % Max Score 80 % 90 % Median Score 50 % 60 % Mode 60 % 60 % Frequency of Questions Offered on Outbound Exams Business Integration and Strategic Management Number of Questions Offered Frequency Missed Business-Level Strategy 5 80.00 % Buyer Power 34 70.59 % Competitive Intelligence 20 40.00 % Corporate Structure and Governance 106 41.51 % Employee Motivation 11 100.00 % Entry Barriers 40 37.50 % Environmental Monitoring 58 36.21 % Goals and Objectives 30 16.67 % Inventory Management 16 43.75 % Market Entry 51 52.94 % Mission and Vision 42 30.95 % Stakeholder Analysis 17 35.29 % Unknown 11 36.36 % Value Chain Analysis 59 45.76 % Page 27 of 124

Inbound Exam Business Integration and Strategic Management Result Page 28 of 124

Outbound Exam Business Integration and Strategic Management Result Page 29 of 124

Inbound/Outbound Business Integration and Strategic Management Comparison Page 30 of 124

Business Leadership Peregrine Academic University Summary Analysis October - November 2011 Business Leadership Assessment Summary Assessment Summary Statistics Business Leadership Inbound Outbound Sample Size 51 50 Average Score 46.1 % 51.2 % Standard Deviation 14.57 16.98 Min Score 20 % 0 % Max Score 80 % 80 % Median Score 40 % 50 % Mode 40 % 60 % Frequency of Questions Offered on Outbound Exams Business Leadership Number of Questions Offered Frequency Missed Leader Roles and Responsibilities 99 63.64 % Leader-Follower Relationships 97 40.21 % Leadership Models and Theories 90 62.22 % Reward and Punishment 69 27.54 % The Nature of Leadership 22 27.27 % Types of Power 123 49.59 % Page 31 of 124

Inbound Exam Business Leadership Result Page 32 of 124

Outbound Exam Business Leadership Result Page 33 of 124

Inbound/Outbound Business Leadership Comparison Page 34 of 124

E c o n o m i c s Peregrine Academic University Summary Analysis October - November 2011 Economics Assessment Summary Assessment Summary Statistics Economics Inbound Outbound Sample Size 51 50 Average Score 47.5 % 45.6 % Standard Deviation 16.95 15.93 Min Score 20 % 0 % Max Score 90 % 80 % Median Score 50 % 50 % Mode 40 % 50 % Frequency of Questions Offered on Outbound Exams Economics Number of Questions Offered Frequency Missed Macroconomics: Business Cycle 11 100.00 % Macroconomics: Consumption and Saving 34 58.82 % Macroconomics: Economic Analysis 62 53.23 % Macroconomics: Economic Investment 19 57.89 % Macroconomics: Employment Analysis 18 11.11 % Macroconomics: Gross Domestic Product 28 39.29 % Macroconomics: Inflation and Deflation 12 33.33 % Macroconomics: Interest Rates 29 79.31 % Macroconomics: Recession and Depression 14 50.00 % Macroconomics: Supply and Demand 23 26.09 % Microeconomics: Economic Analysis 18 55.56 % Microeconomics: Employment Analysis 14 78.57 % Microeconomics: Pricing 65 49.23 % Microeconomics: Supply and Demand 153 58.82 % Page 35 of 124

Inbound Exam Economics Result Page 36 of 124

Outbound Exam Economics Result Page 37 of 124

Inbound/Outbound Economics Comparison Page 38 of 124

E c o n o m i c s : M a c r o c o n o m i c s Peregrine Academic University Summary Analysis October - November 2011 Economics: Macroconomics Assessment Summary Assessment Summary Statistics Economics: Macroconomics Inbound Outbound Sample Size 51 50 Average Score 45.5 % 48.4 % Standard Deviation 23.01 20.64 Min Score 0 % 0 % Max Score 100 % 100 % Median Score 40 % 50 % Mode 40 % 60 % Frequency of Questions Offered on Outbound Exams Economics Number of Questions Offered Frequency Missed Business Cycle 11 100.00 % Consumption and Saving 34 58.82 % Economic Analysis 62 53.23 % Economic Investment 19 57.89 % Employment Analysis 18 11.11 % Gross Domestic Product 28 39.29 % Inflation and Deflation 12 33.33 % Interest Rates 29 79.31 % Recession and Depression 14 50.00 % Supply and Demand 23 26.09 % Page 39 of 124

Inbound Exam Economics: Macroconomics Result Page 40 of 124

Outbound Exam Economics: Macroconomics Result Page 41 of 124

Inbound/Outbound Economics: Macroconomics Comparison Page 42 of 124

E c o n o m i c s : M i c r o e c o n o m i c s Peregrine Academic University Summary Analysis October - November 2011 Economics: Microeconomics Assessment Summary Assessment Summary Statistics Economics: Microeconomics Inbound Outbound Sample Size 51 50 Average Score 49.4 % 42.8 % Standard Deviation 23.10 20.21 Min Score 0 % 0 % Max Score 100 % 80 % Median Score 40 % 40 % Mode 40 % 40 % Frequency of Questions Offered on Outbound Exams Economics Number of Questions Offered Frequency Missed Economic Analysis 18 55.56 % Employment Analysis 14 78.57 % Pricing 65 49.23 % Supply and Demand 153 58.82 % Page 43 of 124

Inbound Exam Economics: Microeconomics Result Page 44 of 124

Outbound Exam Economics: Microeconomics Result Page 45 of 124

Inbound/Outbound Economics: Microeconomics Comparison Page 46 of 124

G l o b a l D i m e n s i o n s o f B u s i n e s s Peregrine Academic University Summary Analysis October - November 2011 Global Dimensions of Business Assessment Summary Assessment Summary Statistics Global Dimensions of Business Inbound Outbound Sample Size 51 50 Average Score 50.6 % 55.8 % Standard Deviation 16.42 15.27 Min Score 20 % 20 % Max Score 90 % 90 % Median Score 50 % 50 % Mode 60 % 50 % Frequency of Questions Offered on Outbound Exams Global Dimensions of Business Number of Questions Offered Frequency Missed European Union 62 33.87 % Global Market Analysis 24 8.33 % Globalization 63 82.54 % International Business Structures 211 36.02 % International Trade 21 19.05 % The International Environment 58 51.72 % The United Nations 43 41.86 % World Trade Organization 18 100.00 % Page 47 of 124

Inbound Exam Global Dimensions of Business Result Page 48 of 124

Outbound Exam Global Dimensions of Business Result Page 49 of 124

Inbound/Outbound Global Dimensions of Business Comparison Page 50 of 124

I n f o r m a t i o n M a n a g e m e n t S y s t e m s Peregrine Academic University Summary Analysis October - November 2011 Information Management Systems Assessment Summary Assessment Summary Statistics Information Management Systems Inbound Outbound Sample Size 51 50 Average Score 42.9 % 47.6 % Standard Deviation 16.16 14.79 Min Score 10 % 10 % Max Score 70 % 80 % Median Score 40 % 50 % Mode 40 % 40 % Frequency of Questions Offered on Outbound Exams Information Management Systems Number of Questions Offered Frequency Missed Computer Integrated Manufacturing 23 65.22 % Decision Support Systems 267 52.81 % E-commerce 20 20.00 % Electronic Communications 24 66.67 % Information Systems 75 40.00 % Knowledge Management Systems 14 42.86 % Knowledge Workers 17 76.47 % Software and Hardware 49 71.43 % Technology Management 11 18.18 % Page 51 of 124

Inbound Exam Information Management Systems Result Page 52 of 124

Outbound Exam Information Management Systems Result Page 53 of 124

Inbound/Outbound Information Management Systems Comparison Page 54 of 124

Legal Environment of Business Peregrine Academic University Summary Analysis October - November 2011 Legal Environment of Business Assessment Summary Assessment Summary Statistics Legal Environment of Business Inbound Outbound Sample Size 51 50 Average Score 42.2 % 50.6 % Standard Deviation 16.53 14.34 Min Score 0 % 20 % Max Score 90 % 80 % Median Score 40 % 50 % Mode 30 % 50 % Frequency of Questions Offered on Outbound Exams Legal Environment of Business Number of Questions Offered Frequency Missed Administrative Agencies 11 18.18 % Criminal Law 151 45.03 % Cybercrime 25 32.00 % Damages and Punishment 33 54.55 % Due Process 26 80.77 % Legal Analysis 19 94.74 % Liability 125 44.80 % Privacy Law 12 8.33 % Public Use 11 36.36 % Tort 76 52.63 % Page 55 of 124

Inbound Exam Legal Environment of Business Result Page 56 of 124

Outbound Exam Legal Environment of Business Result Page 57 of 124

Inbound/Outbound Legal Environment of Business Comparison Page 58 of 124

M a n a g e m e n t Peregrine Academic University Summary Analysis October - November 2011 Management Assessment Summary Assessment Summary Statistics Management Inbound Outbound Sample Size 51 50 Average Score 48.2 % 48.6 % Standard Deviation 15.71 15.52 Min Score 10 % 20 % Max Score 80 % 80 % Median Score 50 % 50 % Mode 50 % 40 % Frequency of Questions Offered on Outbound Exams Management Number of Questions Offered Frequency Missed Human Resource Management: Employee Development 20 40.00 % Human Resource Management: Job Analysis 29 24.14 % Human Resource Management: Organizational Structure 24 41.67 % Human Resource Management: Personnel Planning 55 25.45 % Human Resource Management: Strategic Management 33 27.27 % Operations/Production Management: Management Design 66 63.64 % Operations/Production Management: Organizational Structure 8 37.50 % Operations/Production Management: Product Development 35 82.86 % Operations/Production Management: Supply Chain Management 58 67.24 % Organizational Behavior: Employee Development 86 45.35 % Organizational Behavior: Management Design 20 85.00 % Organizational Behavior: Personnel Planning 66 60.61 % Page 59 of 124

Inbound Exam Management Result Page 60 of 124

Outbound Exam Management Result Page 61 of 124

Inbound/Outbound Management Comparison Page 62 of 124

M a n a g e m e n t : H u m a n R e s o u r c e M a n a g e m e n t Peregrine Academic University Summary Analysis October - November 2011 Management: Human Resource Management Assessment Summary Assessment Summary Statistics Management: Human Resource Management Inbound Outbound Sample Size 51 50 Average Score 61.4 % 69.8 % Standard Deviation 29.06 25.53 Min Score 0 % 0 % Max Score 100 % 100 % Median Score 66.7 % 66.7 % Mode 66 % 66 % Frequency of Questions Offered on Outbound Exams Management Number of Questions Offered Frequency Missed Employee Development 20 40.00 % Job Analysis 29 24.14 % Organizational Structure 24 41.67 % Personnel Planning 55 25.45 % Strategic Management 33 27.27 % Page 63 of 124

Inbound Exam Management: Human Resource Management Result Page 64 of 124

Outbound Exam Management: Human Resource Management Result Page 65 of 124

Inbound/Outbound Management: Human Resource Management Comparison Page 66 of 124

M a n a g e m e n t : O p e r a t i o n s / P r o d u c t i o n M a n a g e m e n t Peregrine Academic University Summary Analysis October - November 2011 Management: Operations/Production Management Assessment Summary Assessment Summary Statistics Management: Operations/Production Management Inbound Outbound Sample Size 51 50 Average Score 33 % 31.8 % Standard Deviation 25.66 26.61 Min Score 0 % 0 % Max Score 100 % 100 % Median Score 33.3 % 33.3 % Mode 33 % 0 % Frequency of Questions Offered on Outbound Exams Management Number of Questions Offered Frequency Missed Management Design 66 63.64 % Organizational Structure 8 37.50 % Product Development 35 82.86 % Supply Chain Management 58 67.24 % Page 67 of 124

Inbound Exam Management: Operations/Production Management Result Page 68 of 124

Outbound Exam Management: Operations/Production Management Result Page 69 of 124

Inbound/Outbound Management: Operations/Production Management Comparison Page 70 of 124

M a n a g e m e n t : O r g a n i z a t i o n a l B e h a v i o r Peregrine Academic University Summary Analysis October - November 2011 Management: Organizational Behavior Assessment Summary Assessment Summary Statistics Management: Organizational Behavior Inbound Outbound Sample Size 51 50 Average Score 50.2 % 45.2 % Standard Deviation 26.75 26.95 Min Score 0 % 0 % Max Score 100 % 100 % Median Score 50 % 41.65 % Mode 33 % 66 % Frequency of Questions Offered on Outbound Exams Management Number of Questions Offered Frequency Missed Employee Development 86 45.35 % Management Design 20 85.00 % Personnel Planning 66 60.61 % Page 71 of 124

Inbound Exam Management: Organizational Behavior Result Page 72 of 124

Outbound Exam Management: Organizational Behavior Result Page 73 of 124

Inbound/Outbound Management: Organizational Behavior Comparison Page 74 of 124

M a r k e t i n g Peregrine Academic University Summary Analysis October - November 2011 Marketing Assessment Summary Assessment Summary Statistics Marketing Inbound Outbound Sample Size 51 50 Average Score 39.6 % 50.4 % Standard Deviation 16.49 19.69 Min Score 10 % 20 % Max Score 90 % 100 % Median Score 40 % 50 % Mode 30 % 40 % Frequency of Questions Offered on Outbound Exams Marketing Number of Questions Offered Frequency Missed E-commerce 30 33.33 % Market-Driven Economy 79 39.24 % Marketing Analysis 138 48.55 % The Marketing Function 253 54.94 % Page 75 of 124

Inbound Exam Marketing Result Page 76 of 124

Outbound Exam Marketing Result Page 77 of 124

Inbound/Outbound Marketing Comparison Page 78 of 124

Quantitative Research Techniques and Statistics Peregrine Academic University Summary Analysis October - November 2011 Quantitative Research Techniques and Statistics Assessment Summary Assessment Summary Statistics Quantitative Research Techniques and Statistics Inbound Outbound Sample Size 51 50 Average Score 42 % 49.8 % Standard Deviation 16.00 16.60 Min Score 10 % 20 % Max Score 80 % 90 % Median Score 40 % 50 % Mode 30 % 40 % Frequency of Questions Offered on Outbound Exams Quantitative Research Techniques and Statistics Number of Questions Offered Frequency Missed Descriptive Statistics 118 37.29 % Displaying Results 111 64.86 % Population Analysis 14 35.71 % Sampling 45 33.33 % Scales of Measurement 84 69.05 % Statistical Analysis 36 66.67 % Statistical Methods 23 13.04 % Variables 69 43.48 % Page 79 of 124

Inbound Exam Quantitative Research Techniques and Statistics Result Page 80 of 124

Outbound Exam Quantitative Research Techniques and Statistics Result Page 81 of 124

Inbound/Outbound Quantitative Research Techniques and Statistics Comparison Page 82 of 124

T O C _ C o l u m n 2 External Benchmarking Peregrine Academic University Summary Analysis October - November 2011 External Benchmarking Peregrine Academic University Academic Level: Bachelors October - November 2011 Included Course(s): COURSE-4000 Sample Size(s): 51 Inbound Exams, 50 Outbound Exams Page 83 of 124

External Benchmarking External benchmarking is conducted using a variety of statistical tools based upon outbound exam results with or without inbound exam results. When inbound testing has been conducted by the school, external benchmarking includes the percent difference between the school's and the aggregate's percent change based upon the inbound exam results and the outbound exam results. These graphs and data provide a relative indication of the change in the student's knowledge level compared to the changes observed with other demographically similar institutions. If inbound exams are not included in the assessment program, then the school's results are only compared with the aggregate outbound results using demographically similar schools and programs. The aggregate pool using demographically similar schools and programs is based upon delivery modality (on-campus, blended/hybrid, and online program) and academic degree level (associates, bachelors, masters, and doctoral). Additionally, we distinguish between US schools and non-us schools. For non-us schools, we use an international version of our CPCbased COMP exam. Although there is some overlap in questions, the international exam is focused on international business areas and does not include US-centric exam questions. Since CPC-based COMP exam results do not equate directly to a traditional higher education grading scale, program managers should use the following table as a relative index for overall performance. CPC-Based COMP Exam Score 80-100% Very High 70-79% High 60-69% Above Average 40-59% Average 30-39% Below Average 20-29% Low 0-19% Very Low Relative Interpretation of Student Competency If specific academic credit (grade and points) are to be awarded to students based on their exam results, the table to the left could be used to assign letter grades, extra credit, and/or course points, assuming that the exam is included within a course. Page 84 of 124

T o t a l R e s u l t s a n d S u m m a r y A n a l y s i s Peregrine Academic University Summary Analysis October - November 2011 Overview: Outbound Exam Results Compared to the Aggregate Pool for Outside US Programs Page 85 of 124

T o t a l R e s u l t s a n d S u m m a r y A n a l y s i s Peregrine Academic University Summary Analysis October - November 2011 Overview: Outbound Exam Results Compared to the Aggregate Pool for Mongolia Programs Page 86 of 124

Outbound Exam Total Results Compared to the Different Aggregate Pools Page 87 of 124

Overview: Percent Change in Inbound/Outbound Exam Results Compared to the Aggregate Pool for Outside US Programs Page 88 of 124

Overview: Percent Change in Inbound/Outbound Exam Results Compared to the Aggregate Pool for Mongolia Programs Page 89 of 124

CPC Topic and Subject-Level Analyses Accounting Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Exam Total Results Compared to the Aggregate Pool Page 90 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Accounting Page 91 of 124

Business Ethics Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Accounting Results Compared to the Different Aggregate Pools Page 92 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Business Ethics Page 93 of 124

Business Finance Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Business Ethics Results Compared to the Different Aggregate Pools Page 94 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Business Finance Page 95 of 124

Business Integration and Strategic Management Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Business Finance Results Compared to the Different Aggregate Pools Page 96 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Business Integration and Strategic Management Page 97 of 124

Business Leadership Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Business Integration and Strategic Management Results Compared to the Different Aggregate Pools Page 98 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Business Leadership Page 99 of 124

E c o n o m i c s Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Business Leadership Results Compared to the Different Aggregate Pools Page 100 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Economics Page 101 of 124

E c o n o m i c s : M a c r o c o n o m i c s Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Economics Results Compared to the Different Aggregate Pools Page 102 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Economics: Macroconomics Page 103 of 124

E c o n o m i c s : M i c r o e c o n o m i c s Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Economics: Macroconomics Results Compared to the Different Aggregate Pools Page 104 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Economics: Microeconomics Page 105 of 124

G l o b a l D i m e n s i o n s o f B u s i n e s s Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Economics: Microeconomics Results Compared to the Different Aggregate Pools Page 106 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Global Dimensions of Business Page 107 of 124

I n f o r m a t i o n M a n a g e m e n t S y s t e m s Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Global Dimensions of Business Results Compared to the Different Aggregate Pools Page 108 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Information Management Systems Page 109 of 124

Legal Environment of Business Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Information Management Systems Results Compared to the Different Aggregate Pools Page 110 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Legal Environment of Business Page 111 of 124

M a n a g e m e n t Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Legal Environment of Business Results Compared to the Different Aggregate Pools Page 112 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Management Page 113 of 124

M a n a g e m e n t : H u m a n R e s o u r c e M a n a g e m e n t Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Management Results Compared to the Different Aggregate Pools Page 114 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Management: Human Resource Management Page 115 of 124

M a n a g e m e n t : O p e r a t i o n s / P r o d u c t i o n M a n a g e m e n t Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Management: Human Resource Management Results Compared to the Different Aggregate Pools Page 116 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Management: Operations/Production Management Page 117 of 124

M a n a g e m e n t : O r g a n i z a t i o n a l B e h a v i o r Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Management: Operations/Production Management Results Compared to the Different Aggregate Pools Page 118 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Management: Organizational Behavior Page 119 of 124

M a r k e t i n g Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Management: Organizational Behavior Results Compared to the Different Aggregate Pools Page 120 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Marketing Page 121 of 124

Quantitative Research Techniques and Statistics Peregrine Academic University Summary Analysis October - November 2011 Percent Change in Inbound/Outbound Marketing Results Compared to the Different Aggregate Pools Page 122 of 124

Comparison of Outbound Results with Outbound Aggregate Results: Quantitative Research Techniques and Statistics Page 123 of 124

Percent Change in Inbound/Outbound Quantitative Research Techniques and Statistics Results Compared to the Different Aggregate Pools Page 124 of 124