Lerner Resources

Instructional Buyout Policy

Faculty members with externally funded grants may, with the approval of the Department Chair and the Dean, buy out a portion of their assigned teaching time as follows:

  • One three credit course per year may be bought out for 1/8th of the faculty member’s 9-month salary plus benefits.
  • For faculty members on administered loads with more than 25% assigned to unfunded research, buying out additional courses during the year requires buy out of a comparable amount of research time.  For example, buy out of a second course during the year would require 1/4 of the faculty member’s 9-month salary plus benefits.

Sample workloads of faculty members buying out 1, 2 or 3 courses according to this policy are outlined below.

  Administered
Load
Buy out
1 course
Buy out
2 courses
Buy out
3 courses
Unfunded research 45% 45% 32.5% 20%
Funded research   12.5% 37.5% 62.5%
Teaching 50% 37.5% 25% 12.5%
Service 5% 5% 5% 5%

The Lerner College is home to a state-of-the-art financial trading facility, the $1.5 million student-led Blue Hen Investment Club, a student-managed restaurant and hotel, a high-technology development center of a global bank and a start-up experience for students with new business ideas.

Lerner College faculty - like Meryl Gardner, whose research on foods and moods was recently published in the Journal of Consumer Psychology - are thought leaders who command attention from influential business audiences, economists and policy makers.

All Lerner College departments offer discovery learning experiences and emphasize data-based analytics to enrich the student experience. Here, students at Vita Nova, our award-winning restaurant run through HRIM, joined professional chefs and winemakers in hosting a 2014 Mid-Atlantic Wine and Food Festival event.

The Institute for Financial Services Analytics is a collaboration between the Lerner College, UD's College of Engineering and JPMorgan Chase, and hosts events for academics and the business community designed to address consumer analytics and industry applications.

Undergraduate scholarships, made possible through the generosity of alumni and friends, enable us to support promising scholars. Here, Delaware Gov. Jack Markell and his mother, Leni Markell, join recipients of the William Markell Scholarship (center), which benefits students in Accounting and MIS.

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