Penn State University Libraries - Business

Collection Development Policy – Business
Schreyer Business Library
The Pennsylvania State University


PRINCIPAL SELECTORS:

Gary White
309 Paterno

Kevin Harwell
309 Paterno

Daniel Hickey
309 Paterno

Diane Zabel
309 Paterno

GENERAL STATEMENT

The purpose of this selection policy is to provide the framework for obtaining material to support the Smeal College of Business Administration as well as business and business-related programs/courses throughout the University. This policy statement is intended to be flexible and subject to frequent evaluations.

The Schreyer Business Library Serves the following colleges and departments at Penn State:

• Smeal College of Business
• College of Information Sciences and Technology
• Department of Economics (College of Liberal Arts)
• School of Hospitality Management (College of Health and Human Development)
• Department of Recreation, Park & Tourism Management (College of Health and Human Development)

In addition, the Schreyer Business Library supports numerous business and economics-related courses in other colleges and the undergraduate business major at the Campus College Libraries, the most popular undergraduate major.

The Schreyer Business Library directly serves over 200 faculty; over 9,500 undergraduate students (including 6,600 business; 1100+ IST; 1300+ health and human development; and 500+ economics); and several hundred graduate/doctoral students.

INTRODUCTION TO THE COLLECTION & AREAS OF FOCUS

The Schreyer Business Library is located on the third floor of the Paterno Library. Additional materials are also located in the Microforms Department on the ground floor of the Pattee Library. The collection provides support for all undergraduate, graduate, and doctoral programs offered at the University. The Schreyer Business Library, while collecting in all areas of business administration and economics, has strong collections in U.S. and international company information; hospitality and tourism; business ethics; career information; and entrepreneurship.


PROGRAM INFORMATION


The Smeal College of Business Administration has approximately 125 faculty members, 6,600 undergraduate students, 200 MBA students, and several dozen Ph.D. students. The Smeal College of Business Administration offers majors in accounting, actuarial science, finance, insurance, management and organization, marketing, supply chain and information systems, real estate and a new major in Integrative Studies. All of Smeal’s undergraduate programs are ranked in the Top 20 programs in the country, and the Supply Chain & Information Systems program is currently ranked number three.

In addition to the full-time Master of Business Administration (MBA) program, Smeal College offers doctoral programs in the areas of accounting, finance, insurance, management science, marketing, supply chain management, and real estate. Additionally, the collection supports students enrolled in the Master of Manufacturing Management Program, a joint program between the Smeal College of Business and the College of Engineering. The Business Library also provides support to twelve research centers located in the Smeal College of Business:
• Center for Supply Chain Research
• Institute for the Study of Business Markets
• Center for Digital Transformation
• Farrell Center for Corporate Innovation and Entrepreneurship
• Center for Global Business Studies
• Center for the Management of Technological and Organizational Change
• Center for Research in Conflict and Negotiation
• Center for Sports Business & Research
• Institute for Real Estate Studies
• Laboratory for Economics Management and Auctions
• Risk Management Research Center (RMRC)
• Center for the Study of Financial Markets

The College of IST currently has 49 faculty, 1,100 undergraduate students, and 100 graduate students. As a relatively new College, IST’s enrollment continues to grow annually, its programs are highly ranked, and there is a 95 percent placement rate for IST graduates.

The School of Hospitality Management and the Department of Recreation, Park and Tourism Management are both based in the College of Health and Human Development. Hospitality Management, among the top five programs in the country, has 32 faculty and over 800 undergraduate students. Recreation, Park and Tourism Management has 18 faculty members and over 500 undergraduate students.

The Department of Economics, based in the College of Liberal Arts, has 29 faculty, 500 undergraduate majors, and several hundred graduate students. Additionally, approximately 13,000 students enroll in Econ 2 and Econ 4 each year.


COORDINATION AND COOPERATIVE INFORMATION

The selection of materials is coordinated by the Head, Schreyer Business Library and the three subject librarians. Overlap of collections occurs most often with the Social Sciences, Engineering, and Education and Behavioral Sciences libraries. The Heads of these subject libraries work together to ensure cooperative and collaborative collection development.

The University Libraries are members of several consortia, including the CIC (Committee for Institutional Cooperation – the Big 10) and PALCI (Pennsylvania Academic Library Consortium, Inc.). Users of the University Libraries at Penn State University have access to collections of member libraries.


SUBJECT AND LANGUAGE MODIFIERS

English language or works translated into English are preferred over non-English language materials. Emphasis is on both U.S. and international business.


DESCRIPTION OF MATERIALS COLLECTED

The Schreyer Business Library collections include all of the following formats:

Electronic, particularly Web-Based Resources
Monographs
Journals & Other Serial Publications
Conference Proceedings
Government Publications
Bibliographies
Dictionaries and Handbooks
Encyclopedias
Directories
Yearbooks
Working Papers
Very select CD-ROM products when no other format is available

There is a core textbook collection that is supported through endowment funds. The Schreyer Business Library attempts to add publications of the faculty members in the units it supports. While the library does support microform collections, these are housed in the News and Microforms Library. Dissertations and theses from other colleges and universities are generally excluded.

Currency is important and the Schreyer Business Library is largely concerned with materials addressing current business practices, with the exception of the history of corporations and important historical business trends or people.

The Schreyer Business Library attempts to avoid duplication of resources in multiple formats, unless they are made available for free or very inexpensively. Format decisions should be made on the basis of cost, potential use, demand, and space and other resource requirements. When other factors are equal, the electronic version is preferable due to the increased potential for a variety of uses of the information and the potential for simultaneous use.

The Pennsylvania State University is one university geographically dispersed, with one administrative structure and uniform programs and services. The University Libraries are also a single entity within the University. The University Libraries will therefore not partition Web-based resources by location. All Web-based resources must be made available to all Penn State users throughout the system without regard to location.