Jon M. Huntsman School of Business
 | |
| Type | Public |
|---|---|
| Established | 1888 |
| Dean | Douglas D. Anderson |
Academic staff | 168 |
| Students | 3,500 |
| Location | , , United States |
| Alumni | 31,000 |
| Affiliations | Utah State University |
| Website | http://huntsman.usu.edu/ |
The Jon M. Huntsman School of Business is located at Utah State University in Logan, Utah.
History
[edit]The business school was founded in 1888 as the college's Commercial Department. The first students graduated from the course in 1894 when the only four-year business school was the Wharton School of the University of Pennsylvania.
The program underwent several organizational revisions and name changes in its first two decades. By 1911, the program (then named School of Commerce) was already recognized as a leading business institution. A 1911 newspaper report about the economics department said:
When so eminent an authority as professor L. C. Marshall of the University of Chicago reports that the work in the department of economics of our school is comparable to that given in the best institutions in the country, we feel that we are paid one of the highest tributes ever. ... In the number of hours instruction given, the number of students in the courses, and the general standard of the courses, we are surpassed by only a very few of the large universities.
In 1918, the school became known as the School of Commerce and Business Administration. At that time, the school included five departments: markets, business administration, accounting, political science, and history. Other majors continued to be added over time.
In 1952, under the direction of Professor C. D. McBride, the Management Institute came into existence. Utah's economy was rapidly shifting from agriculture to business, and Utah State University, as the land-grant institution in Utah, had an obligation to provide educational services in business and industry throughout Utah comparable to those offered in agriculture and rural life through the Cooperative Extension Service. The Management Institute was in charge of providing educational services for businesses.
By 1957, the School of Commerce and Business Administration had become the College of Business and Social Sciences, with M. R. Merrill as dean. Three of the four departments were strictly social science: history and political science, economics, and sociology. In 1959, Robert P. Collier became acting dean. The college included the departments of business administration and secretarial science, history and political science, sociology and social work, and economics.
By 1966, business courses were taught in more than a dozen buildings on campus. Accounting, which had enjoyed department status early in the college's history but had been under business administration for many years, became a separate department again—in addition to the accounting department, the College of Business included six other departments, including the Division of Military Science and Aerospace Studies.
The time had come for the college to have its own building. The Utah Building Board approved a $600,000 federal grant for a business building, and on Jan. 11, 1967, the schematic plans for the building were approved by the USU Board of Trustees. The groundbreaking ceremony was held on Dec. 10, 1968, with a projected cost of $1,591,700 for the structure. On May 8, 1970, the building was dedicated as the George S. Eccles Business Building.
The Eccles Building is nine stories high. Its original design included a three-story classroom base and six additional stories of faculty offices, seminar rooms, and other facilities. The building has since undergone multiple renovations.
The College of Business's undergraduate program was accredited by the Association to Advance Collegiate Schools of Business (AACSB) in 1971, and the graduate (master's) program was accredited by the AACSB in 1981.
In February 1983, the Department of Accounting became the School of Accountancy. By 1986, the College of Business had a full-time enrollment of approximately 1,398 students in its undergraduate and graduate programs (Self-Study Report, 1986). Thirty-nine full-time and 32 part-time faculty were employed in three departments: business administration, administrative systems and business education, and accounting. The Department of Economics remained under the joint administration of the Colleges of Business and Agriculture.
In 2007, Utah State's College of Business became the Jon M. Huntsman School of Business after a $26 million donation by the Huntsman Foundation.
On March 16, 2016, Jon M. Huntsman Hall was dedicated and opened. The building is a 125,000-square-foot student-centered facility with 21 classrooms, 21 meeting spaces, faculty/administration offices, and event spaces.
On May 6, 2017, the Huntsman School announced a joint $50 million gift from the Huntsman Foundation and the Charles Koch Foundation, the largest in the school's history.[1]
The Stephen R. Covey Leadership Center was established on November 2, 2018. Its purpose is to develop principle-centered leaders.
As of 2019, the Huntsman School offers seven undergraduate majors and six graduate programs.
Location
[edit]
The George S. Eccles Business Building underwent a major renovation in 2008, made possible by a $1 million grant from the George S. and Dolores Doré Eccles Foundation.
In 2011, the Utah Legislature approved funding for a new business building, Jon M. Huntsman Hall, located southwest of the Eccles Business Building. The building was funded by $36 million in private funds and $14 million in state funds. The 125,000-square-foot building includes 21 classrooms, 21 student meeting rooms, office spaces, and multiple event spaces.
Academics
[edit]The Huntsman School comprises five academic departments: Accounting, Economics and Finance, Management, Management Information Systems, Marketing, and Strategy. As of 2019, the school has 105 faculty members and 63 staff members.
Undergraduate offerings
[edit]The Huntsman School offers seven majors encompassing the core business disciplines and 16 specialized minors.
- Accounting
- Business Management
- Data Analytics
- Information Systems
- Economics
- Finance
- Marketing
Graduate offerings
[edit]The Huntsman School offers six business graduate programs. All six graduate programs are offered on-campus to full-time students. MBA and MHR are available as part-time programs with delivery methods tailored for working professionals. The school also offers concurrent enrollment graduate programs. Students can select two majors from MBA, MHR, and MMIS and complete two graduate degrees in 2 years.
- Master of Accounting (MAcc)
- Master of Business Administration (MBA)
- Master of Human Resources (MHR)
- Master of Management Information Systems (MMIS)
- Master of Science in Economics (MSE)
- Master of Financial Economics (MFE)
Centers
[edit]- The Center for Entrepreneurship offers classes, internships, and competitions. Its programs include the Entrepreneurship Leadership and Huntsman Venture Forum Speaker Series, an entrepreneurship minor, the Small Enterprise Education and Development (SEED) internship program, and various competitions. In 2019, the United States Association for Small Business and Entrepreneurship (USASBE) awarded the School first place for Excellence in Co-Curricular Innovation for its Small Enterprise Education and Development (SEED) Program.
- FJ Management Center for Student Success combines various student services, including academic student advising and career development, under one organizational structure.
- Stephen R. Covey Leadership Center goal is to develop principle-centered leaders through its curriculum, co-curricular activities and coaching.
- Shingo Institute offers educational workshops and executive education programs, organizes study tours, hosts an annual conference, and annually awards the Shingo Prize for Operational Excellence.
- The Center for Growth and Opportunity trains undergraduate and graduate students, conducts economic research with a national network of scholars, and communicates transformative solutions to some of the country’s most pressing issues.
Experiential learning and offerings
[edit]- Huntsman Scholar Program is a selective honors undergraduate business program on the Logan campus. Students receive a stipend for up to four years, a fully funded global learning experience, and participate in curricular, co-curricular, and extra-curricular experiences. Students are assigned a faculty mentor and have the opportunity to build relationships with faculty, staff, alums, and fellow students.
- The Small Enterprise Education and Development Program (SEED) connects students with opportunities to teach enterprise creation and sustainability in Ghana, Guatemala, Peru, the Philippines, and the Dominican Republic.
- Focused Fridays at the School are dedicated to job search workshops, technical training, keynote forums, and networking opportunities.
- Global Learning Experiences prepares students for an international business environment. Program options include summer programs to Asia and South America, spring break programs to London and Paris, semester exchange programs, and international internships.
People
[edit]Faculty
[edit]In 2006, Dr. Douglas D. Anderson became the dean of the College of Business at Utah State University. A year later, he secured a $25 million gift from Jon M. Huntsman Sr. for the college renamed the Jon M. Huntsman School of Business. In 2016, Anderson helped secure a $50 million collaborative gift ($25 million from the Huntsman Foundation and $25 from the Koch Foundation). Dr. Anderson is a Utah State University and Harvard University graduate.
In 2010, Utah State University and the Huntsman School of Business announced that Stephen R. Covey would join its faculty as the school's first Jon M. Huntsman Presidential Chair. Covey was the author of Seven Habits of Highly Effective People. In 2021, the Huntsman School hired Oxford professor Teppo Felin to become the inaugural Douglas D Anderson Endowed Professor of Strategy and Entrepreneurship.
Alumni
[edit]- Gar Forman '84 - General Manager, Chicago Bulls[2]
- Eric Hipple '80 - former NFL Quarterback, Detroit Lions
- Merlin Olsen '62 - Athlete, Los Angeles Rams; Broadcaster, NBC Sports; Actor.[3]
- L. Tom Perry '49 - Apostle, The Church of Jesus Christ of Latter-day Saints[4][5]
- Steven E. Snow '74 - General Authority, The Church of Jesus Christ of Latter-day Saints
- Christopher "Chris" Stewart '84 - Best Selling Author, New York Times; Congressman, Utah's 2nd congressional district.
- Gary E. Stevenson '79 - Apostle, The Church of Jesus Christ of Latter-day Saints; Co-founder of ICON Health & Fitness[6]
Controversy
[edit]On November 13, 2017, The Utah Statesman published an article about the college secretly spending differential tuition without the permission of an advisory board, an amount totaling more than $8 million annually.[7] At the Huntsman School of Business, students are required to pay $2,000+ more annually than other students at Utah State University, but these business students were told they get a voice in how that money will be spent. That voice would be the 3-5 students on the Advisory Board. But the board had never met, and when Business Senator Nadir Tekarli (student) tried to get the board to meet, he was met with problems from the administration. Due to the backlash following The Utah Statesman publication, the administration caved and had its first Advisory Board meeting. The Salt Lake Tribune has also covered this story.[8]
References
[edit]As of April 29, 2019, this article is derived in whole or in part from the Jon M. Huntsman School of Business website. The copyright holder has licensed the content in a manner that permits reuse under CC BY-SA 3.0 and GFDL. All relevant terms must be followed.
- ^ "Huntsman family, Koch foundation give combined $50 million gift to Utah State University's business school". The Salt Lake Tribune. Retrieved 2018-02-14.
- ^ "Gar Forman: General Manager". Chicago Bulls.
- ^ "CMerlin Olsen, Football Star, Commentator and Actor, Dies at 69". The New York Times. 2010. Retrieved 2011-03-18.
- ^ "Elder L. Tom Perry". The Church of Jesus Christ of Latter-day Saints. Retrieved 25 June 2011.
- ^ "Elder L. Tom Perry". Newsroom. The Church of Jesus Christ of Latter-day Saints. Retrieved 25 June 2011.
- ^ "Gary E. Stevenson". Businessweek. Archived from the original on October 14, 2012. Retrieved 25 June 2011.
- ^ "USU Statesman Article about Business Differential Tuition". USU Statesman. Nov 13, 2017.
- ^ Wood, Benjamin. "Utah State business school on the defensive after student media finds a lapse in tuition oversight".