Daniels School of Business

Last updated
Purdue University
Daniels School of Business
Purdue University Daniels School of Business Logo 2023.png
Former name
Krannert School of Management
MottoCreating the next generation of students ready to lead, or found, great companies and transform society.
Type Public school
Established1962
Parent institution
Purdue University
Dean James B. Bullard
Academic staff
161
Students3,092 (2019–20)
Undergraduates 2,344 (2019–20)
Postgraduates 748 (2019–20)
Location, ,
United States
Colors Old Gold and Black    
Website business.purdue.edu

The Mitchell E. Daniels, Jr. School of Business (formerly known as Krannert School of Management) is the school of business at Purdue University, a public research university in West Lafayette, Indiana. It offers instruction at the undergraduate, master's, and doctoral levels. [1] 40°25′25″N86°54′40″W / 40.423696°N 86.911060°W / 40.423696; -86.911060

Contents

History

Rawls Hall at the university. Rawls Hall, Purdue University.png
Rawls Hall at the university.

The School of Industrial Management at Purdue University was created in 1958 from the merger of the Department of Economics (established in the School of Science, Education, and Humanities in 1953) and the Department of Industrial Management and Transportation (part of the Schools of Engineering since 1956). The Krannert Graduate School of Industrial Administration was founded in 1962 with a $2.7 million endowment from Herman Krannert and Ellnora Krannert. The AACSB accredited the new school in 1967. [2] In the early years, students were required to pursue a second major, in a technical subject, in addition to their coursework in business and management. [3] The curriculum expanded over the following decade and the word "Industrial" was dropped from the schools' names in the mid 1970s. [2]

On February 3, 2023, Purdue’s business school was formally renamed the Mitchell E. Daniels, Jr. School of Business, in honor of Mitch Daniels, the 12th president of Purdue University. Purdue's business school is accredited by the AACSB. [4]

Academics

Business Rankings
U.S. MBA
U.S. News & World Report (2023) [5] 74
Global MBA
Financial Times (2023) [6] 75

The school currently has 20+ clubs and organizations open to undergraduates, including the School of Management Council (SMC). There are ~25 professional, cultural and special interest clubs at the graduate level.

Undergraduate: Bruce White Undergraduate Institute

On February 13, 2023, the Dean and Barbara White Family Foundation committed $50 million to Purdue University to name the undergraduate institute in the Mitchell E. Daniels, Jr. School of Business. The School of Business offers eight undergraduate degree programs. In keeping with the global scope of the modern manager, all programs include instruction in the international aspects of business and economics. The "3+2" program is available to outstanding undergraduates in the School of Business. The program allows students to complete their B.S. and Master of Business Administration (MBA) degrees in just five years. [7]

Master's and executive: Krannert Graduate Institute

The Krannert Graduate Institute at the Daniels School of Business awards several master's degrees: MBA, EMBA, International Masters in Management, Master of Science in Human Resource Management, Master of Science in Industrial Administration, Master of Science in Finance, Master of Science in Global Entrepreneurship, Master of Science in Global Supply Chain Management and a Weekend MBA. [8] These programs are housed in Rawls Hall. The school also offers a variety of joint programs with other colleges on campus including the combined Doctor of Pharmacy (PharmD) and Master of Science in Industrial Administration (MSIA), the combined Bachelor of Science in Industrial Engineering (BSIE) and Master of Business Administration (MBA), and the combined Bachelor of Science in Mechanical Engineering (BSME) and Master of Business Administration (MBA)

In 2020, despite tight alumni classes and a well respected curriculum the School of Business was forced to pause its full time residential MBA program. [9]

Doctoral

The School of Business's Doctoral Programs offer students the opportunity to work closely with first-rate faculty in the areas of Economics, Management (with concentrations in Accounting, Finance, Management Information Systems, Marketing, Operations Management, Quantitative Methods/Management Science, and Strategic Management), and Organizational Behavior & Human Resource Management (OBHR). The School of Business's doctoral programs were ranked #23 in the world for 2009 [10] and #25 for 2013 [11] by Financial Times .

Department of Economics

The Department of Economics at Purdue University is located at Daniels School of Business and offers undergraduate, master's, and PhD in economics. The department has followig centers - Purdue Center for Economic Education, Purdue University Research Center in Economics, Purdue Center for Behavioral Economics, Experiments and Public Policy and also Vernon Smith Experimental Economics Laboratory.

Facilities

The school's facilities are located on the southeastern part of Purdue's West Lafayette campus near the Purdue Memorial Union. The majority of undergraduate classes are conducted in the Krannert Building, which opened in 1964. Rawls Hall is the home of all the classes in the Masters program. Rawls Hall houses 13 electronically equipped classrooms, a professional career center, a multimedia-based auditorium, 25 breakout rooms, distance learning facilities, and sophisticated computer labs. The building is named for business master's alum, Jerry S. Rawls. Rawls, the president and chief executive officer of Finisar Corp., donated $10 million to the Krannert at the Frontier Campaign. The gift was the largest in the school's history and one of the largest at Purdue. In recognition of his generosity, the Purdue Board of Trustees voted in 2000 to name the new facility Jerry S. Rawls Hall. The Jerry Rawls Hall was dedicated on October 2, 2003. In September 2022, Purdue announced a new state-of-the-art building [12] that will be built to hold the increase in students and faculty with an estimated completion of 2026.

Alumni

Academia

Armed Forces

Politics and government

Films and others

Faculty

See also

Related Research Articles

<span class="mw-page-title-main">Kelley School of Business</span> Business school of Indiana University

The Kelley School of Business (KSB) is an undergraduate and graduate business school at Indiana University in Bloomington, Indiana, and Indianapolis, Indiana, United States. As of 2022, approximately 13,538 full-time undergraduate and graduate students are enrolled on its Bloomington campus, as well as 1,596 students at the Indianapolis campus. In addition, more than 800 students study for graduate degrees through the school's online MBA and MS programs through "Kelley Direct".

<span class="mw-page-title-main">International Institute for Management Development</span> Swiss business education school

International Institute for Management Development (IIMD) is a business school with campuses in Lausanne, Switzerland and Singapore. IIMD is well known for its MBA program, which is taught in English and consistently ranked among the best in the world.

<span class="mw-page-title-main">Goizueta Business School</span> Unit of Emory University in Atlanta, Georgia, US

Emory University's Goizueta Business School is the private business school of Emory University located in Atlanta, Georgia, United States. It is named after Roberto C. Goizueta, former Chairman and CEO of The Coca-Cola Company.

<span class="mw-page-title-main">Carlson School of Management</span> University of Minnesota business school

The Curtis L. Carlson School of Management, business school of the University of Minnesota, a public research university in the Twin Cities of Minneapolis and Saint Paul, Minnesota. The Carlson School offers undergraduate and graduate degrees as well as an executive education program. The Carlson School also offers dual degrees with the colleges and schools of public affairs, law, medicine, and public health.

<span class="mw-page-title-main">Warwick Business School</span> Academic department of the Faculty of Social Sciences of Warwick University

Warwick Business School (WBS) is the business school of the University of Warwick and an academic department within the Faculty of Social Sciences. It was established in 1967 as the School of Industrial and Business Studies. The business school offers undergraduate, and postgraduate degree programs, and non-degree executive education for individuals and companies.

The USC Marshall School of Business is the business school of the University of Southern California. It is accredited by the Association to Advance Collegiate Schools of Business.

The SCU Leavey School of Business is one of the professional schools at Santa Clara University, a private academic institution in the San Francisco Bay Area. The School of Business was founded in 1923 and accredited by the Association to Advance Collegiate Schools of Business thirty years later. Located in the heart of Silicon Valley, the Leavey School of Business provides undergraduate, graduate, and executive education.

The Eli Broad College of Business is the business college at Michigan State University. The college has programs in accounting, finance, human resource management, management, marketing, supply chain management, and hospitality business, which is an independent, industry-specific school within the Broad College. This independent, industry-specific school has 800 admitted undergraduate students and 36 graduate students not included in the college's totals.

<span class="mw-page-title-main">UNC Kenan–Flagler Business School</span> Business school at UNC-Chapel Hill

The UNC Kenan-Flagler Business School is the business school of the University of North Carolina at Chapel Hill, a public research university in Chapel Hill, North Carolina. Founded in 1919, the school was renamed to its current name in 1991 in honor of Mary Lily Kenan and her husband, Henry Flagler.

The Rawls College of Business is the business school of Texas Tech University in Lubbock, Texas. Rawls Business offers curriculum for both undergraduate and graduate students and received its initial business accreditation in 1958 from the Association to Advance Collegiate Schools of Business (AACSB). Established in 1942, Texas Tech's business school was originally known as the Division of Commerce. In 1956, the school was renamed the College of Business Administration. Following a $25 million gift from alumnus Jerry S. Rawls in 2000, the school was renamed as Jerry S. Rawls College of Business Administration.

The Isenberg School of Management is the business school and also the second largest school at the University of Massachusetts Amherst, the flagship campus for the University of Massachusetts system. The Isenberg School is accredited by the AACSB International and ACPHA.

<span class="mw-page-title-main">Carey Business School</span> Graduate business school of Johns Hopkins University

The Johns Hopkins Carey Business School is the graduate business school of Johns Hopkins University, a private research university in Baltimore, Maryland. It was established in 2007 and offers full-time and part-time programs leading to the Master of Business Administration (MBA) and Master of Science (MS) degrees.

<span class="mw-page-title-main">Wake Forest University School of Business</span> Graduate business school of Wake Forest University

The Wake Forest University School of Business is the business school of Wake Forest University in Winston-Salem, North Carolina. It offers management-related masters programs and executive education programs, as well as undergraduate program to around 1,314 students. The school is SACSCOC, AACSB, and AACSB-Accounting accredited. It has a second campus in Charlotte, North Carolina.

The Joseph A. Sellinger, S.J. School of Business and Management is the business school of Loyola University Maryland and is located on the college's main campus in Baltimore, Maryland. Formally established in 1980, the business school was named in honor of Loyola's late president Reverend Joseph A. Sellinger, S.J., although the university has been offering courses in business for over 70 years. The Sellinger School consists of seven academic departments: Accounting, Economics, Finance, Information Systems/ Operations Management, Management/International Business, Marketing, and Law & Social Responsibility. The Sellinger School of Business and Management is one of Loyola's three schools, the other two being the College of Arts and Sciences and the College of Education.

<span class="mw-page-title-main">George Washington University School of Business</span>

The George Washington University School of Business is the professional business school of George Washington University in Washington, D.C. The GW School of Business is ranked as one of the top business schools in the United States, with globally ranked undergraduate and graduate programs. GW's campus is also adjacent to some of the world's leading financial institutions, including the Federal Reserve, World Bank, and International Monetary Fund.

<span class="mw-page-title-main">University of Western Australia Business School</span>

The University of Western Australia Business School is a business school at the University of Western Australia (UWA). UWA first began teaching Economics in 1912, and the Business School is now home to over 4,929 students. The school has four disciplines: Accounting and Finance; Economics; Management and Organisations; and Marketing.

The University at Buffalo School of Management is a business school located at the State University of New York at Buffalo. It is AACSB accredited in both business and accounting. UB School of Management is the highest ranking public business school in New York. The School of Management is also the largest business school in the SUNY system.

<span class="mw-page-title-main">ESAN University</span>

ESAN University or Universidad ESAN in Spanish is a non-profit private University, located in Lima, Peru.

<span class="mw-page-title-main">Charles H. Lundquist College of Business</span>

The Charles H. Lundquist College of Business is the University of Oregon's business school. Founded in 1914, the Lundquist College offers undergraduate degree programs in business administration and accounting, as well as MBA, Executive MBA, Master of Science in Sports Product Management, Master of Accounting, Master of Science in Finance, and PhD graduate programs. These degree programs are supported by four departments and one school of accounting.

The UND Nistler College of Business and Public Administration is located in Nistler Hall at the University of North Dakota.The UND Nistler College of Business and Public administration serves 1,850 students and 300 graduate students per year. The NCoBPA is the largest business school in the state of North Dakota and offers the most business related programs in the North Dakota University Systems. The NCoBPA is the first accredited business college in North Dakota and is one of only 968 accredited business schools world wide.

References

  1. "Fill Out the Appropriate Application - Purdue Krannert". krannert.purdue.edu.
  2. 1 2 "Krannert School of Management Historical Timeline".
  3. Topping, Robert W. (1988). A Century and Beyond: The History of Purdue University. West Lafayette, Indiana: Purdue University Press. pp. 316–318. ISBN   0-911198-95-4.
  4. "Business School and Program Accreditation by AACSB - AACSB Accreditation". www.aacsb.edu.
  5. "2023 Best Business Schools Rankings". U.S. News & World Report.
  6. "Global MBA Ranking 2023". Financial Times.
  7. "Combined Degree Programs - Purdue Krannert". krannert.purdue.edu.
  8. Krannert School of Management – Masters Home Archived 2002-02-09 at the Wayback Machine
  9. "Krannert Gets Market-Ready". bized.aacsb.edu. 2020-07-07. Archived from the original on 2020-08-15.
  10. "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  11. "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  12. Service, Purdue News. "Purdue's next big move: A new School of Business". www.purdue.edu. Retrieved 2023-02-15.
  13. "Former World Bank president to join Daniels School of Business". Purdue Exponent . Retrieved 30 January 2024.