Isenberg School of Management | |
---|---|
University of Massachusetts Amherst | |
Location | 121 Presidents Drive Amherst, MA 01003 |
Coordinates | 42°23′12″N72°31′29″W / 42.38667°N 72.52472°W |
Established | 1947[1] |
Named for | Eugene Isenberg |
Previous names | School of Management (1983–1997) School of Business Administration (1947–1982) |
Colors | [2] [3] |
Gender | Co-educational |
Dean | Anne P. Massey [4] |
Undergraduates | 3400 |
Postgraduates | 1472 |
Endowment | $82.09 million [lower-alpha 1] [5] |
Website | www |
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]
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]
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.
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]
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]
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]
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]
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]
In 2024, U.S. News & World Report ranked undergraduate program 47th in the United States. [27] and 29th among public universities. [5]
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]
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]
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]
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