Isenberg School of Management

Last updated
Isenberg School of Management
University of Massachusetts Amherst
Logo UMass Isenberg.jpg
Location121 Presidents Drive
Amherst, MA 01003
Coordinates 42°23′12″N72°31′29″W / 42.38667°N 72.52472°W / 42.38667; -72.52472
Established1947;77 years ago (1947) [1]
Named forEugene Isenberg
Previous namesSchool of Management
(1983–1997)
School of Business Administration
(1947–1982)
Colors    [2] [3]
Gender Co-educational
DeanAnne P. Massey [4]
Undergraduates3400
Postgraduates1472
Endowment $82.09 million [lower-alpha 1] [5]
Website www.isenberg.umass.edu

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 [6] and ACPHA. [7]

Contents

The school offers seven undergraduate majors along with MS, MBA and Ph.D. programs. As of the 2014-2015 academic year, there were approximately 3500 undergraduate students and 1300 graduate students enrolled in the Isenberg School of Management. [8] As of 2017, the Isenberg School has nearly 44,000 alumni [9] in 72 countries. [10]

History

Business courses were first offered at the Massachusetts Agricultural College in the early years of the 20th century, expanding rapidly during the 1930s and 1940s in response to student demand. [11] The college's board of trustees established the School of Business Administration in 1947, and within seven years, it was conferring graduate degrees, including doctorates after 1967. [11]

In 1964, the school moved to its current building in the heart of the UMass Amherst campus. [12] In 1983, the School of Business Administration changed its name to School of Management. In 1998 the Isenberg School of Management was named after Eugene Isenberg, [13] the chairman and CEO of Nabors Industries, [14] which at the time was a world leader in gas and petroleum drilling.

McCormack Department of Sport Management

In 2010, the department of sports studies was renamed as the McCormack Department of Sport Management after Mark McCormack, founder and CEO of IMG. [15] The McCormack family gifted $1.5 million to endow educational initiatives including the Executive-in-Residence program and an international travel and exchange program. [16]

Marriott Center for Hospitality Management

In 2007, 200 seat Marriott dining $6.3 million facility named in honor of J. Willard Marriott and Alice Marriott was opened at University Campus Center. The facility has two state-of-the-art commercial production and demonstration kitchen-classrooms for Hospitality & Tourism Management students. [17]

Modern expansion

The expanded building around the north and northeast ends of the business school built by Bjarke Ingels Group. The architecturally innovative Isenberg School of Management Building at the University of Massachusetts-Amherst, by Carol M. Highsmith, 2019, from the Library of Congress - master-pnp-highsm-57800-57807a.tif
The expanded building around the north and northeast ends of the business school built by Bjarke Ingels Group.

The business school completed and opened a 70,000-square-foot expansion in 2019. [12] The project was estimated at $62 million and added classrooms, labs, and student-facing spaces. [18] [19] [20]

Programs

Nobel laureate Robert C. Merton at the Isenberg School for 2023 CISDM Conference. Robert Merton 2023 at Isenberg School - University of Massachusetts Amherst.png
Nobel laureate Robert C. Merton at the Isenberg School for 2023 CISDM Conference.

Undergraduate program

Isenberg awards Bachelor of Business Administration in five majors and Bachelor of Science in two majors. [21] The finance undergraduate degree is affiliated with CFA Institute. [22] The acceptance rate to BBA program was 5% to 10% for internal students. [23] From fall 2022, the school stopped internal transfers who were not directly accepted into the program. [24]

MBA and masters program

Students at the Isenberg School. Isenberg Students.tif
Students at the Isenberg School.

Isenberg offers full-time, part-time and online programs for its AACSB-accredited MBA degree. The school has the second largest MBA degree program in the Commonwealth of Massachusetts by total enrolled students. [25]

Isenberg offers Dual MBA/MS degrees in six disciplines: Public Policy and Administration, Sport Management, Civil Engineering, Environmental Engineering, Industrial Engineering, and Mechanical Engineering. Isenberg also awards M.S. degrees in Accounting and Sport Management. [26]

Rankings

Undergraduate level

In 2024, U.S. News & World Report ranked undergraduate program 47th in the United States. [27] and 29th among public universities. [5]

Graduate level

At the MBA level, in 2020 and 2023 [28] U.S. News & World Report ranked Isenberg 53rd overall, [29] and ranked its online MBA program 28th. [30] Financial Times has ranked its online MBA program at 3rd worldwide and 1st in the United States for the years 2017, [31] 2018, [32] 2019, [32] and 2020. [33] In 2023, Financial Times has ranked its online MBA program at 5th worldwide and 2nd in the United States. [34]

Individual departments

In 2019, Public Accounting Report ’s Annual Professors Survey has ranked the college under top 30 for undergraduate, [35] graduate, [36] and Ph.D. accounting programs. [37]

In 2022, the McCormack Department of Sport Management has been ranked #1 graduate-level global sports management program [38] for the fourth time [39] in the world by SportBusiness International. [40] [41] [42] In 2014, Forbes called the sports management department "a world-wide leader in its field". [43]

The school's Hospitality & Tourism Management Department was ranked #25 in the world in 2023 by CEOWORLD magazine. [44]

Donor programs

In 2014, alumni Douglas and Diana Berthiaume donated $10 million to the university to establish Berthiaume Center for Entrepreneurship [45] [46] and further in 2023, they donated $20 million to support and expand faculty research and endow new faculty positions and professorships. [47] [48]

Notable alumni

Business

Academics

Sports and athletics

Medicine

Armed forces and police

Honorary alumni

Notable faculty

Executive-in-Residence

Tenured faculty, endowed professors and chairs

See also

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References

Explanatory notes

  1. As of the year 2023, the total endowment of the business school is $82,086,835. The figures and the financial data reports are from Isenberg School's Dean's Report 2023.

Citations

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