Societal Impact

As per the School of Business’s strategic plan, we value high-quality teaching and research in a community that promotes lifelong learning and strives to make a positive societal impact.

In the News


The School of Business is proud to be accredited by the Association to Advance Collegiate Schools of Business (AACSB). Earning AACSB accreditation signifies a business school’s commitment to strategic management, learner success, thought leadership, and societal impact. The documents demonstrate the School’s impact on society through community engagement, curriculum, research, and strategy.


Impact

TCNJ’s School of Business values high-qualityteaching and research in a community thatpromotes lifelong learning and strives to makea positive societal impact.The information below demonstrates theSchool’s impact on society through communityengagement, curriculum, research, and strategy.

Engagement & Societal ImpactScope / TimeframeLeadership Area / Impact MetricsDemonstrated Impact Evidence
HBM Student Investment Fund: Provides scholarships to underserved local students to attend TCNJLocal
Annually
Social & economic
Number of Students
Increased access to education, improved economic opportunities, and enhanced community development
Study Abroad ScholarshipsGlobal
Annually
Social & economic
Number of Students
Fostered global engagement, promoted understanding & collaboration, and contributed to economic and social development
Student and faculty travel to present research, attend conferences & professional development activitiesGlobal
Annually
Social, economics, & public policy influence
Number of attendees/ readers; number of students & faculty
Enhanced awareness of societal issues, development of skills, build connections & fostering collaboration
Engagement & Societal ImpactScope / TimeframeLeadership Area / Impact MetricsDemonstrated Impact Evidence
Alumni Mentoring ProgramState
Annually
Social & economic
Number of alumni & student participants
Improved academic performance, enhanced social & emotional skills, increased community engagement, expanded network, increased earnings, and leadership development
Diverse Student Organizations: ALPFA, NABA, WIB, SOBICLocal
Annually
Social & economic
Number of Students
Increased civic engagement, leadership development, enhanced cultural awareness, advocacy for social justice, community outreach
Economic Assistance Fund – Providing assistance for business students in financial needLocal
Annually
Social & economic
Number of students
Poverty reduction, increased access, educed inequality, improved well-being
Engagement & Societal ImpactScope / TimeframeLeadership Area / Impact MetricsDemonstrated Impact Evidence
Scholarships for students with financial need and/or from underserved populationsState
Annually
Social & economic
Number of recipients
Increased access, poverty reduction, enhanced economic growth, community building, leadership development
CEO Peer Mentor Program – Pairing incoming freshman with upperclassman to ease the transition, and help build professional skillsLocal
Annually
Social & economic
Number of freshmen
Improved academic performance, enhanced social & emotional skills, increased community engagement, expanded network, and leadership development
Accounting students participating in the Volunteer Income Tax Assistance ProgramLocal
Annually
Social, economic, & public policy
Number of students
Cost savings, increased financial literacy, & a reduction in barriers for the community. Professional development, real-world skills, & increased social awareness for the students.
Engagement & Societal ImpactScope / TimeframeLeadership Area / Impact MetricsDemonstrated Impact Evidence
Expert contributions to WalletHubLocal
3-4 times annually
Social, economic, & public policy influence
Number of readers/ viewers
Support informed/measured consumer behavior
Partnership with the Princeton Mercer Chamber of Commerce for the Youth Entrepreneurship AcademyLocal
Annually
Social, economic, & public policy influence
Number of participants
Job creation, economic diversification, skill development, community development, and social innovation
Non-Profit InternshipsRegional
Annually
Social, economic, & public policy influence
Number of student participants
Expanded perspectives, skill development, building their network, increased problem-solving skills, community advocacy & engagement, cultural competency, and enhanced career readiness
Engagement & Societal ImpactScope / TimeframeLeadership Area / Impact MetricsDemonstrated Impact Evidence
Mayo Business Plan CompetitionRegional AnnuallySocial & economic
Number of participant
Increased problem-solving skills, real-world experience, expanded network, mentorship, addressing unmet needs, economic development
Professor Alan Chernoff –
Research Presentation –
Beneath the Crypto
Currents: The Hidden
Effect of Crypto “Whales”
Global
Fall 2024
Social, economic, & public policy influence
Number of readers
Increased awareness & understanding, influencing research & academic discourse
Professor Linghui Tang &
student, Kate Siedelhoffer
Research Presentation at
EURAM – From Target to
Implementation: A systematic evaluation of
green policies and
renewable energy in electricity generation
Global
Summer 2025
Social, economic, & public policy influence
Number of attendees/ readers
Contributes to academic knowledge, potential impact on policy makers and industry, raising awareness and promoting dialogue.
Engagement & Societal ImpactScope / TimeframeLeadership Area / Impact MetricsDemonstrated Impact Evidence
Professor Karen Becker – Research Presentation at
the Sustainable
Development in Business Education conference – Ethical Leadership
Global
Spring 2025
Social, economic, & public policy influence
Number of attendees/ readers
Enhance ethical awareness, improve decision making, and promote a stronger organizational culture
Professor Susanna Monseau co-authored research on “”Cleaner Clothes: The EU Textile Strategy and Sustainability in the Textile Supply ChainGlobal
Summer 2024
Social, economic, & public policy influence
Number of readers
Increased awareness and understanding, influencing research and academic discourse, and potential influence on regulatory efforts
Professor Waheeda Lillevik published research on “Digital Leadership and Diversity, Equity and Inclusion”Global
Spring 2025
Social, economic, & public policy influence
Number of readers
Average circulation of 3,000 – 5,000 copies. Fosters inclusion, leverages technology for equitable outcomes, and promotes open dialogue
Engagement & Societal ImpactScope / TimeframeLeadership Area / Impact MetricsDemonstrated Impact Evidence
Partnership with the Trenton Thunder Organization to sponsor a Sports Management Networking NightRegional
Summer 2025
Social & economic
Number and
diversity of
attendees;
Media mentions
Fostering community building, strengthen local relationships, promoting social inclusion, and access to job opportunities.
Partnership with the TCNJ Career Center to support a Career Closet for TCNJ StudentsLocal
Summer / Fall 2025
Social & economic
Accessibility,
number of
students
served,
volunteer
engagement
Reduce financial barrier, increase self-esteem/confidence, interview success, and development of professionalism.
“The Business of Cannabis: Past, Present, & Future” – Panel/Q&A event (open to the public)Local
Spring 2025
Social & economic
Number of attendees, audience interaction, feedback
Bridging the knowledge gap, empowering informed decisions, fostering a skilled workforce, & supporting the industry’s growth