Southern Institute of Technology (New Zealand)
Business Transfer Agreement
MEMORANDUM OF UNDERSTANDING between Southern Institute of Technology (New Zealand) and Royal Roads University.
This memorandum of understanding constitutes an agreement between Royal Roads University and Southern Institute of Technology. The participating units at the respective institutions are the Faculty of Management at Royal Roads University (RRU) and the School of Business at Southern Institute of Technology.
Objective of the Agreement
Royal Roads University agrees to facilitate the block transfer of students from Southern Institute of Technology with appropriate prerequisite qualifications into the third year of the Bachelor of Commerce in Entrepreneurial Management Degree at RRU.
By this agreement, applicants from Southern Institute of Technology who meet the requirements outlined below will be eligible for admission to RRU with full block transfer, provided all other entrance criteria (including a minimum of three to five years of business experience) are met and space remains available in the Bachelor of Commerce in Entrepreneurial Management program. In addition, it is mandatory for all applicants to have successfully completed a first and/or second year level accounting course (financial) with a minimum final grade of B in each course. Entrance to all programs at RRU is on a competitive basis.
Successful completion of the 2 year New Zealand Diploma in Business with a minimum of 60 credits with a minimum grade point average (GPA) of B (minimum 3.00 on 4.00 scale) including completion of 400 Accounting Principles, 541 Fundamentals of Marketing, and 633 Human Resource Management.
As a partner to this agreement, Southern Institute of Technology agrees:
- to make information about this agreement and the RRU Bachelor of Commerce in Entrepreneurial Management degree options available to students;
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to provide opportunity for representatives of Royal Roads University to visit appropriate forums at Southern Institute of Technology to disseminate information about the RRU Bachelor of Commerce in Entrepreneurial Management program.
As a partner to the agreement, Royal Roads University agrees:
- to provide students from Southern Institute of Technology holding the 2 year New Zealand Diploma in Business academic acceptance into the third year of the Bachelor of Commerce in Entrepreneurial Management program at RRU, provided all criteria noted above and all other entrance criteria are met, and space remains available in the Bachelor of Commerce in Entrepreneurial Management program;
- whenever possible, to count any undefined transfer credits towards the Bachelor of Commerce in Entrepreneurial Management requirements to prevent students having to unnecessarily take additional courses to qualify for graduation;
- to provide Southern Institute of Technology with updated information about the RRU Bachelor of Commerce in Entrepreneurial Management program on an annual basis;
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to notify Southern Institute of Technology with as much lead time as possible about any changes to the Bachelor of Commerce in Entrepreneurial Management requirements that are anticipated or approved.
Liaison
Implementation of this agreement will be through the Registrar’s Office at each institution, in consultation with the appropriate authorities in the respective programs.
Terms of the Agreement
This agreement shall be in place for a period of three years commencing November 1, 2010. At the end of this time, the agreement will be subject to review and renewal by Royal Roads University. If there are impediments to renewal, Royal Roads University will notify the transfer partner of the impediments, with the goal of negotiating a new agreement. Final approval of the agreement will remain with the President of Royal Roads University.
Royal Roads University retains the right to limit the number of students admitted under this agreement.
On behalf of Southern Institute of Technology:
Penny Simmonds, Chief Executive Officer - January 25, 2011.
On behalf of Royal Roads University:
Allan R. Cahoon, PhD, President and Vice Chancellor - November 30, 2010.
