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Scheller College of Business

From EverybodyWiki Bios & Wiki


Scheller College of Business
TypePublic
Established1912
DeanMaryam Alavi[1]
Undergraduates1,207[2] (fall 2019)
Postgraduates785[2] (fall 2019)
52[2] (fall 2019)
Location
Atlanta
,
Georgia
,
US
Websitescheller.gatech.edu
File:Scheller College of Business Logo.png

The Scheller College of Business at the Georgia Institute of Technology was established in 1912,[3] and is consistently ranked in the top 30 business programs in the nation.[4]

History[edit]

Main article: History of Georgia Tech

The Georgia Tech Scheller College of Business was established more than a century ago and has a distinguished history as part of a world-renowned technological research university. Georgia Tech's business school began in 1912 with the creation of a School of Commerce. In 1933 this school was moved to the University of Georgia during the newly created Georgia Board of Regents' decision to consolidate Georgia's system of higher education.[5] It would later become Georgia State University.[6]

To meet the need for management training in technology, an Industrial Management degree was established in 1934, with a master's degree in the subject becoming the first professional management degree offered in the state 11 years later. The PhD program began in 1970.

In 1989, the College of Management, previously named the School of Commerce, combined with the social sciences, humanities, and economics departments to form the Ivan Allen College of Management, Policy and International Affairs.[7] Nine years later, in 1998, the College of Management separated from the Ivan Allen College of Liberal Arts[8] to become its own college.

In 1996, Georgia Tech alumnus and restaurateur Thomas E. DuPree, Jr. pledged a $20 million donation to the College of Management, resulting in the college being named the DuPree College of Management in his honor. However, while DuPree donated over $5 million to the college, his name was removed from the college in 2004 when the additional $15 million was not forthcoming.[9] DuPree had recently resigned as board chairman and CEO of Avado Brands, the parent company of several chain restaurants that had recently filed for Chapter 11 bankruptcy. In a carefully worded statement, Georgia Tech President G. Wayne Clough remarked that while DuPree's name would be "reluctantly" removed from the college, "We retain the utmost respect for Tom DuPree and all of his remarkable accomplishments and many philanthropic activities."[10] DuPree's donation of over $5 million to the college did fund nearly 200 scholarships although the remaining pledged donations were never provided.

On November 6, 2009, the College of Management received an anonymous gift of $25 million. The donor was later identified as Ernest Scheller, Jr., a Georgia Tech alumnus with a degree in Industrial Management (now known as a Bachelor of Science in Business Administration) and former chairman of Silberline Manufacturing, a Hometown, Pennsylvania-based pigment manufacturer. Scheller used $20 million of his donation as a one-to-one challenge grant designed to inspire charitable gifts and commitments from other donors. Fundraising for the challenge concluded on June 30, 2012. The remaining $5 million of Mr. Scheller's initial $25 million donation has been designated as discretionary funds to be dispersed by the deans.

In June 2012, the college announced a $50 million gift from Ernest Scheller Jr. This $50 million included the $25 million that had been given by him anonymously in 2009. It was the largest cash gift in Georgia Tech's history. As a result of Mr. Scheller's gift, the College of Management was renamed the Ernest Scheller Jr. College of Business and his donations have been used to double the college's endowment, enriching academic programs, growing the faculty, and strengthening the Ph.D. programs, among other uses.[11]

Facilities[edit]

The Scheller College of Business in Tech Square
Main article: Technology Square (Atlanta)

In 2000, Georgia Tech undertook a $180 million building project in Atlanta called Technology Square. This new multi-building complex, home to the College of Business, is a fusion of business, education, research, and retail space. The complex also houses The Global Learning Center, Advanced Technology Development Center, Economic Development Institute, Center for Quality Growth and Regional Development as well as the Georgia Tech Hotel and Conference Center. The facilities are located in Midtown Atlanta next to several major corporate headquarters such as Bellsouth (AT&T), The Coca-Cola Company, Turner Broadcasting System Inc. and Earthlink.

The purpose of Technology Square is to promote the formation of a high tech business cluster centered around a premier research university. Similar formations have taken place in cities such as Palo Alto and Boston, both nexuses of thriving high-tech corridors.[12]

On November 24, 2006, the Scheller College of Business dedicated the 2,000-square-foot (190 m2) Ferris-Goldsmith Trading Floor. The trading floor includes fifty-four dual-display computers as well as electronic stock information on the walls and is used to train all levels of management students to use financial analysis and electronic trading tools. Business faculty will use the facility to research improved human performance in trading environments as well as create new financial service models.[13] The trading floor houses Tech's Quantitative and Computational Finance program.

In September 2018, Georgia Tech announced the beginning of the Tech Square Phase III initiative. The two-tower complex will add more than 400,000 gross square feet of space to Tech Square.

One of the two planned high-rises, Scheller Tower, will be a new resource for the Scheller College of Business that expands the college's footprint within Tech Square.[14] The earliest the building will open is in 2022.[15]

Degrees[edit]

Undergraduate[edit]

The College of Business offers a BS in Business Administration.[16] U.S. News & World Report currently ranks the undergraduate program as number 19 out of the top 50 ranked programs.[17]

U.S. News & World Report ranks the College No. 3 in Undergraduate Business Analytics and Management of Information Systems Programs, and No. 4 in Undergraduate Quantitative Analysis Programs, No. 6 in Undergraduate Production and Operations Programs, and No. 8 in Undergraduate Supply Chain Management/Logistics Programs.[18]

MBA Programs[edit]

Reputation & Rankings[edit]

The College of Business ranks No. 27 in U.S. News & World Report's 2021 Best Business Schools ranking of the nation's top full-time Master of Business Administration (MBA) programs. U.S. News & World Report currently ranks the MBA program No. 3 for Business Analytics, No. 7 for Information Systems, and No. 8 for Production/Operations Management.[19]

The Evening MBA program ranks No. 19 among part-time MBA programs in the country according to the publication's rankings.[20]

As part of the 2019-2020 Best Business Schools ranking, Bloomberg Businessweek ranks Scheller College No. 24 in the U.S.[21] Georgia Tech Scheller graduates rank No. 3 in the world for innovation and creativity and No. 4 in the world for entrepreneurship. In ranking colleges with the most diverse students, Scheller ranks No. 9 in the world.[22]

The Financial Times ranks the Scheller MBA program's career services No. 4 in the U.S.[23] According to The Financial Times, Scheller's MBA program has a graduate placement rate of 96 percent within the first three months after graduation.[24]

Scheller also ranks No. 3 in the U.S. and No. 9 in the world on the Corporate Knights Better World MBA Ranking list.[25]

Curriculum and Format[edit]

Georgia Tech Scheller College of Business offers three MBA programs: Full-time, Evening, and Executive.

Full-time MBA[edit]

Scheller's Full-time MBA is a two-year degree consisting of one year of required courses and another year of mostly elective courses. The Full-time MBA program offers classes Monday through Friday and enrollment takes place once per year in August. Concentrations include Accounting, Finance, Information Technology Management, Law & Ethics, Marketing, Operations Management, Organizational Behavior, and Strategy and Innovation. Students can use their elective hours to take an immersive track and/or a practicum.

For the Full-time MBA program, the core courses are listed below:[26]

  • Analytical Tools for Decision Support
  • Business Communications
  • Financial and Managerial Accounting I
  • Leadership Assessment Workshop
  • Leading People and Organizations
  • Legal and Ethical Considerations
  • Managerial Economics
  • Managing Information Resources
  • Marketing Management
  • Operations Management
  • Principles of Finance
  • Strategic Management
Evening (part-time) MBA[edit]

The Evening MBA program offers classes Monday through Thursday evening. The program enrolls twice per year, in January and August.

Scheller's Evening (part-time) MBA offers the same core curriculum and concentrations as the Full-time MBA program but allows students to take courses at their own pace with an average completion rate of 24 to 36 months.[27]

Practicums[edit]

The Full-time and Evening MBA programs provide practicums in the following areas:

  • Business Analytics
  • Finance
  • Information Technology
  • International
  • Lean Six Sigma
  • Marketing
  • New Venture
  • Pro Bono Consulting
  • Quantitative and Computational Finance
  • Real Estate
  • Supply Chain Innovation
  • Sustainable Business Consulting
Executive MBA[edit]

Scheller's Executive (weekend) MBA is a 17-month program with classes on Fridays and Saturdays for professionals with five or more years of professional work experience. Students can select one of two customizable tracks: Global Business or Management of Technology. Courses by subject area include Accounting, Finance, Business Law and Ethics, Information Technology Management, Marketing, Operations Management, Organizational Behavior, and Strategy and Innovation. There are fourteen core courses as well as additional courses required for one of the two tracks.

For the Executive MBA program, the core courses are listed below:[28]

  • Business Regulations
  • Cross-Cultural Communications
  • Data Analysis for Business
  • Ethical Decision Making
  • Financial and Managerial Accounting
  • Financial Management
  • Global Economics
  • International Business Negotiations
  • Information Systems
  • Leadership and Organizational Behavior
  • Manufacturing and Service Management
  • Marketing and Consumer Behavior
  • Strategic Management
  • Sustainable Business Strategies

Postgraduate[edit]

PhD in Management

Scheller College of Business’ PhD program is limited to full-time students who will complete their entire doctoral program before leaving the campus. There are seven concentrations: Accounting, Finance, Information Technology Management, Marketing, Operations Management, Organizational Behavior, and Strategy and Innovation.

Centers and Initiatives[edit]

Business Analytics Center[edit]

The Business Analytics Center (BAC) brings together industry leaders, Georgia Tech faculty, and business analytics students to supports business analytics programs offered by the college and Georgia Tech including an MBA concentration in Analytics, an undergraduate Certificate in Analytics, and One-Year Interdisciplinary Master of Science in Analytics at Georgia Tech.[29]

Cecil B. Day Program for Business Ethics[edit]

Named for Cecil B. Day, founder of Days Inns of America, the Program offers programs in business ethics and supports the Institute of Leadership and Social Impact's (ILSI) Ideas to Serve program, the Net Impact program, an annual speaker series, and a grant for faculty who incorporate ethics into their curriculum.[30]  

Center for International Business and Research[edit]

The Center for International Business and Research's (CIBER) mission is to ensure the long-term international economic competitiveness of the United States through the support of research, business education initiatives, and corporate outreach activities with forums, conferences and thought leadership. It is one of only 17 national resource centers of excellence in international business funded by the U.S. Department of Education.

Creative Destruction Lab[edit]

The Creative Destruction Lab (CDL) is an objectives-based program for massively scalable, seed-stage, science and technology-based ventures. It supports ventures innovating in commerce, consumer health, engineering, finance, logistics, public health, transportation, and more. The program's mentors provide assistance to technical founders who learn from other entrepreneurs. The TI:GER (Technology Innovation: Generating Economic Results) program is the educational arm of CDL-Atlanta.[31]

Financial Analysis Lab[edit]

The Financial Analysis Lab conducts unbiased research on issues of financial reporting and analysis. Their focus is on issues of interest to a large segment of stock market participants. Depending on the issue, The Center may focus attention on individual companies, groups of companies, or on segments of the market at large and produce a quarterly report of cash flow trends and their quarterly drivers.[32]

Institute for Leadership and Social Impact[edit]

The Institute for Leadership and Social Impact (ILSI) is an interdisciplinary Center that promotes servant leadership and organizational practices through workshops, coursework, a major lecture series (Impact), the Ideas to Serve student social innovation competition, the Servant Leadership student fellows program, and the Leadership for Social Good study abroad program.[33]

Jones MBA Career Center[edit]

Their services included developing a career strategy, identifying job search targets, and exploring MBA career options.[34]

Program for Engineering Entrepreneurship[edit]

The Program for Engineering Entrepreneurship is a collaboration between the Scheller College of Business, the College of Engineering, and the Woodruff School of Mechanical Engineering. The program's focus includes a graduate-level curriculum leading to a Certificate in Engineering Entrepreneurship, and short courses on a variety of topics for faculty members, scientists, and engineers, academic conferences, and seminars.[35]

Ray C. Anderson Center for Sustainable Business[edit]

The Ray C. Anderson Center for Sustainable Business, named in honor of Georgia Tech alumnus Ray C. Anderson, focuses on conducting research, educating students, and partnering with industry practitioners to support the development of sustainable business practices. The center works with faculty research initiatives, offers grants to students interested in business sustainability, and partners with other universities for the Global Social Venture Competition. It also helps supports the Idea to Serve and Carbon Reduction Challenge competitions.[36]

Steven A. Denning Management & Technology Program[edit]

The Steven A. Denning Technology & Management (T&M) Program is open to all Georgia Tech undergraduate students, which includes the Scheller College of Business, the College of Computing, the College of Engineering, the College of Design, the Ivan Allen College of Liberal Arts, and the College of Sciences. Business and Engineering students who complete the program earn a minor in Engineering and Business. Computer Science and IT Management students earn a minor in Computing & Business. Students from all other colleges earn a minor in Technology & Business.[37]

TI:GER® (Technology Innovation: Generating Economic Results)[edit]

The TI:GER® (Technology Innovation: Generating Economic Results) program is a 16-month transdisciplinary program that prepares students for careers in technology innovation. Students in the MBA program work with PhD students from Georgia Tech's College of Engineering, College of Computing, and College of Sciences on a project in innovative technology with a possibility for commercialization.[38]

Notable College of Business Alumni[edit]

Main article: List of Georgia Institute of Technology alumni
Name Class year Notability Reference(s)
John Salley 1988 Four Time NBA Champion ( Detroit Pistons 1989, 1990; Chicago Bulls 1996; Los Angeles Lakers 2000) [39]
Stewart Cink 1995 2009 British Open Champion [40]
James D. Robinson III 1957 Former CEO, American Express 1977-1993. [39]
William L. Ball 1969 Former Secretary of the Navy [39]
Alan J. Lacy 1975 Former CEO, Sears Roebuck and Company [41]
Robert Milton 1982 President and CEO, Air Canada [39]
David Garrett 1955 Retired Chairman and CEO, Delta Air Lines [42]
Derek V. Smith 1979 President and CEO, ChoicePoint [39]
Mike Neal 1975 President and CEO, GE Commercial Finance [39]
Jack Guynn 1970 Former President and CEO, Federal Reserve Bank of Atlanta [42]
David W. Dorman 1975 Former Chairman and CEO, AT&T Corp [43]

See also[edit]

References[edit]

  1. ↑ {http://www.news.gatech.edu/2019/08/14/alavi-reappointed-dean-scheller-college-business
  2. ↑ 2.0 2.1 2.2 "Fact Book | Institutional Research & Planning".
  3. ↑ (PDF). Georgia Tech College of Business College of Business Official Admissions Information https://smartech.gatech.edu/bitstream/handle/1853/46667/2012%20Admissions%20Flyer.pdf?sequence=1=Scheller College of Business Official Admissions Information Check |url= value (help). Retrieved 2007-03-24. Missing or empty |title= (help)
  4. ↑ "Rankings - Georgia Tech".
  5. ↑ "Underground Degrees". Tech Topics. Georgia Tech Alumni Association. Fall 1997. Archived from the original on October 14, 2007. Retrieved 2007-03-15. Unknown parameter |url-status= ignored (help)
  6. ↑ "History of Georgia State University". Georgia State University Library. 2003-10-06. Archived from the original on 2007-05-29. Retrieved 2007-03-15. Unknown parameter |url-status= ignored (help)
  7. ↑ Joshi, Nikhil (2006-03-10). "Geibelhaus lectures on controversial president". The Technique. Archived from the original on 2006-11-12. Retrieved 2007-01-29. There was controversy in every step. Management fought this, because they were the big losers... Crecine was under fire. Unknown parameter |url-status= ignored (help)
  8. ↑ Ivan Allen College History Archived 2007-06-05 at the Wayback Machine
  9. ↑ Hagearty, Michael (2004-03-15). "College of Management removes DuPree's name". The Whistle. Georgia Institute of Technology. Retrieved 2007-11-05.
  10. ↑ "Tech Notes". Georgia Tech Alumni Magazine Online. Georgia Tech Alumni Association. 2004. Archived from the original on 2007-11-08. Retrieved 2007-11-05. Unknown parameter |url-status= ignored (help)
  11. ↑ "Transformational gift positions College for global prominence" (Press release). Georgia Institute of Technology. June 11, 2012. Retrieved June 11, 2012.
  12. ↑ "Technology Square: The Intersection Of Innovation". Georgia Institute of Technology. Archived from the original on 2007-04-18. Retrieved 2007-03-25. Unknown parameter |url-status= ignored (help)
  13. ↑ "College's New High-tech Trading Floor to Prepare Students for Financial Careers". Georgia Tech College of Business. Retrieved 2007-03-24.[dead link]
  14. ↑ www.bizjournals.com https://www.bizjournals.com/atlanta/news/2020/02/10/georgia-tech-alum-pledges-18m-newtech-square-tower.html. Retrieved 2020-11-24. Missing or empty |title= (help)
  15. ↑ Keenan, Sean Richard (2018-09-17). "Rendering: Next Tech Square facet could bring a two-tower Georgia Tech complex". Curbed Atlanta. Retrieved 2020-11-24.
  16. ↑ College of Business Programs
  17. ↑ "Best Undergraduate Business Programs Rankings". Retrieved 2015-09-23. Unknown parameter |url-status= ignored (help)
  18. ↑ "Best Undergraduate Business Programs Rankings". Unknown parameter |url-status= ignored (help)
  19. ↑ "Georgia Institute of Technology (Scheller)". U.S. News & World Report. Unknown parameter |url-status= ignored (help)
  20. ↑ "2021 Best Part-time MBA Programs". U.S. News & World Report. Unknown parameter |url-status= ignored (help)
  21. ↑ "These Are the U.S.'s Best Business Schools". Bloomberg.com. Retrieved 2021-01-12.
  22. ↑ "Lesser-Known B-Schools Catapult to Top in MBA Recruiter Survey". Bloomberg.com. 2020-03-17. Retrieved 2021-01-12.
  23. ↑ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 2021-01-12.
  24. ↑ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 2021-01-12.
  25. ↑ "Business schools up the grade on sustainability". Corporate Knights. 2019-11-08. Retrieved 2021-01-12.
  26. ↑ "Full-time MBA Courses & Curriculum: Full-time MBA Course List". Georgia Tech Scheller College of Business. Retrieved 2021-03-10.
  27. ↑ "Evening MBA Curriculum Overview: Part-time MBA Courses". Georgia Tech Scheller College of Business. Retrieved 2021-03-10.
  28. ↑ "EMBA Classes & Curriculum: Executive MBA Course Guide". Georgia Tech Scheller College of Business. Retrieved 2021-03-10.
  29. ↑ "Business Analytics Center at Scheller". Georgia Tech Scheller College of Business. Retrieved 2021-03-19.
  30. ↑ "Q&A with Steve Salbu, professor of law and ethics at Georgia Tech's Scheller College of Business". www.bizjournals.com. Retrieved 2021-03-19. Unknown parameter |url-status= ignored (help)
  31. ↑ "Atlanta". Creative Destruction Lab. Retrieved 2021-03-19.
  32. ↑ "Financial Analysis Lab at Scheller College of Business". Georgia Tech Scheller College of Business. Retrieved 2021-03-19.
  33. ↑ "Scheller Institute For Leadership And Social Impact Hosts Conversation On Criminal Justice Reform, Racial Disparities, And Bipartisanship". Midtown, GA Patch. 2020-10-13. Retrieved 2021-03-19.
  34. ↑ Schmitt, Jeff (2020-03-18). "Poets&Quants | Meet Georgia Tech Scheller's MBA Class Of 2021". Poets&Quants. Retrieved 2021-03-19.
  35. ↑ "Program for Engineering Entrepreneurship | Academics". Georgia Tech Scheller College of Business. Retrieved 2021-03-19.
  36. ↑ "Ray C. Anderson Center for Sustainable Business Celebrates Fifth Anniversary". www.csrwire.com. Retrieved 2021-03-19.
  37. ↑ Mcaulliffe, Alex. "New Technology & Business minor launched". Technique. Retrieved 2021-03-19.
  38. ↑ "Creating Tech Solutions To Fight COVID: The Real-World Impact Of Scheller College's Tiger Global Technology Innovation Practicum". Midtown, GA Patch. 2020-08-07. Retrieved 2021-03-19.
  39. ↑ 39.0 39.1 39.2 39.3 39.4 39.5 "College of Business MBA Program 2005" (PDF). Georgia Tech College of Business. Retrieved 2007-03-24.[dead link]
  40. ↑ "Stewart Cink Official Profile - PGATOUR.com". PGATOUR.com. Archived from the original on 2012-06-15. Retrieved 2012-06-14. Unknown parameter |url-status= ignored (help)
  41. ↑ "Alan J. Lacy Biography". enotes.com. Retrieved 2007-05-17.
  42. ↑ 42.0 42.1 Alsop, Ronald J (2003-09-30). The Wall Street Journal Guide to the Top Business Schools 2004. Free Press. ISBN 0-7432-3882-6. Search this book on
  43. ↑ "College of Management Honors Exceptional Alumni". Georgia Tech College of Management. Archived from the original on 2006-09-01. Retrieved 2007-03-24. Unknown parameter |url-status= ignored (help)

External links[edit]

Coordinates: 33°46′35″N 84°23′17″W / 33.776270°N 84.388050°W / 33.776270; -84.388050

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