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Owen Graduate School of Management

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Coordinates: 36°08′50″N 86°48′00″W / 36.1472795°N 86.7999992°W / 36.1472795; -86.7999992
From Wikipedia, the free encyclopedia
Owen Graduate School of Management
TypePrivate
Established1969
Endowment$450 million [1]
DeanThomas J. Steenburgh
Academic staff
49 (May '13)[2]
Postgraduates577 (May '13)[2]
Location
Nashville
,
Tennessee
,
US
CampusUrban, 330 acres
Websitebusiness.vanderbilt.edu

The Vanderbilt University Owen Graduate School of Management is the graduate business school of Vanderbilt University in Nashville, Tennessee, United States. Founded in 1969, Owen offers six degrees: a standard 2-year Master of Business Administration (MBA), an Executive MBA, Master of Finance, Master of Accountancy, Master of Accountancy-Valuation, and Master of Management in Health Care, as well as a variety of joint professional and MBA degree programs.[3] Owen also offers non-degree programs for undergraduates and professionals.

The student to faculty ratio is about 9 to 1, with 577 students and 49 full-time faculty members.[2][4]

The school is named for Ralph “Peck” Owen and his wife, Lulu Hampton Owen. Ralph Owen, a Vanderbilt alumnus (’28), was a founder of Equitable Securities Corporation in Nashville, and he became the chairman of the American Express Company.[5]

History

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In 1881, Vanderbilt's Board of Trust submitted its first proposal for a business education program, calling it the Commercial College Department. However, it wasn't until the mid-1950s that a business administration program was offered in the Department of Economics.[6]

Exterior of Owen Graduate School
Interior of Owen Graduate School

The Board of Trust passed the school's founding resolution on May 5, 1967, and operations as the Graduate School of Management began in September 1969 with twelve faculty members and six students.[6] Classes met in a renovated funeral home, a gift from Mr. and Mrs. David K. Wilson.[7] The building was named Alexander Hall in honor of Henry Clay Alexander, a Vanderbilt alum and president of J.P. Morgan.[8]

It was under Dean Samuel B. Richmond, that the school was named for Ralph and Lulu Owen.[9] Following the deaths of both Mr. and Mrs. Owen, their estates gave $33.5 million to The Owen School, said to be the largest gift to a U.S. business school at that time. That sum raised the total of their gifts to more than $62 million.[10]

The Owen School moved from Alexander Hall to Management Hall in 1982. Management Hall is connected to Mechanical Engineering Hall, which is home to the Executive MBA program.[11] Management Hall also houses the Walker Library collection of more than 50,000 volumes, more than 900 periodical titles, reference works, and electronic databases.[12] The library was named in honor of Anne Marie and Thomas B. Walker, Jr.

At present, about 25% of the student body are international students, and 33% are women.[4][13] Finance was the most popular area for Vanderbilt MBA students in 2007–8; 43 percent accepted jobs in that field.[14] Eight percent of faculty members have owned a business.[4]

In July 2023, Thomas Steenburgh became the Ralph Owen Dean and Professor of Marketing. He began his academic career at Harvard Business School.[15]

Programs

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The Owen Graduate School of Management is accredited by the AACSB International (The Association to Advance Collegiate Schools of Business) and is a full member of the Executive MBA Council (EMBAC).

The Owen Graduate School's programs are organized by students' career progression and interest. The classifications are: Young Professional Programs, Early Career Programs, Executive Programs, and Health Care Programs.

  • MS Finance
  • MAcc with possible specialization in two fields- Assurance and Valuation
  • Master of Marketing, a degree which requires the completion of 32 credit hours.[16] Twelve credit hours are required for a marketing concentration; twenty credit hours are required for brand management specialization.
  • Accelerator Summer Business Institute, a four-week program where students in teams take classes and serve as consultants for real businesses.[17]
  • MBA The Owen School's MBA degree program takes two years to complete and requires a minimum of 62 credit hours.[18][19]
  • Executive MBA (EMBA) Most students who pursue the Executive MBA have prior work experience. The program requires 24 months. In 2009, incoming students began following an alternating Saturday schedule and two summer sessions.[20] The first EMBA class graduated in the spring of 1980.[6]
  • Americas MBA for Executives (AMBA) was designed with a more global focus. The second year of the program consists of four 10-day residencies in Brazil, Canada, Mexico, and the United States. Upon completion of the program, students earn both the Vanderbilt MBA and the Americas MBA Alliance Certificate.[21]
  • Executive Development Institute The Owen School offers several programs for working professionals that cover topics such as: management fundamentals, leadership, health care, and banking[22] Courses are typically 2-3 days and completing several may earn a certificate.[23]
  • Master of Management in Health Care is a one-year degree aimed at healthcare workers; all candidates must have at least five years of work experience in their fields.[26]

Rankings and recognition

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In 2024, Owen was ranked #20 in U.S. News & World Report's rankings.[27] Bloomberg Businessweek ranked the full-time MBA program #34 in 2015 and the Executive MBA #35 in 2014[28][29] In 2017 the Financial Times (US) ranked the MBA as #40 and the Executive MBA at #15.[30][31] Most recently, the Economist "Which MBA?" ranked the MBA program at #26.[32]

The Owen School was one of two winners of the 2008 TeamMBA Award, which was presented by the Graduate Management Admission Council (GMAC).[33]

Bruce Cooil, Dean Samuel B. and Evelyn R. Richmond Professor of Management, was awarded the 2007 Marketing Science Institute/H. Paul Root Award.[34] Michael A. Lapré, E. Bronson Ingram Professor in Operations Management, has received the Shingo Research Prize. Professor Nancy Hyer and Urban Wemmerlov's book Reorganizing the Factory: Competing through Cellular Manufacturing, won the 2003 Shingo Prize for Research in Manufacturing[35]

Centers

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  • Financial Markets Research Center (FMRC): Directed by Professor Hans Stoll, the FMRC was founded in 1987 to research financial markets and institutions. It hosts an annual conference; speakers in the spring of 2009 included Paul Volcker, Stephen Axilrod, and William Dudley).[36] Co-director of the FMRC is Robert E. Whaley.
  • Turner Family Center for Social Ventures: funded by a nearly $1.2 donation, Mario Avila, MBA'12, became the director of the center in July 2015.[37] [38]
  • Owen Entrepreneurship Center: The Nashville Capital Network's director is Germain Böer, Professor of Management.[39]
  • Cal Turner Program for Moral Leadership in the Professions: this program focuses on moral leadership among professionals. It is named for the late CEO of Dollar General Cal Turner. Bart Victor is the executive director.[40]
  • Vanderbilt Center for Environmental Management Studies: a joint initiative by the School of Engineering, the Owen Graduate School of Management, and the Law School. Its activities focus on environmental business, management, and technologies.[41]
  • Center for Healthcare Markets Innovation: it was launched in 2016.[citation needed]

Alumni

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Academia

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Business

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Government

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See also

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References

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  1. ^ Ethier, Marc. "End of an Era at Vanderbilt Owen as Dean Eric Johnson Resigns". Retrieved 2024-10-25.
  2. ^ a b c Vanderbilt University Facts Page. "Vanderbilt University Facts". Vanderbilt University. Retrieved 2013-05-21.
  3. ^ Owen Graduate School of Management. "Health Care MBA". Vanderbilt University. Archived from the original on 2007-05-29. Retrieved 2007-05-30.
  4. ^ a b c "Full-time MBA Profiles". BusinessWeek. 2008-11-13. Archived from the original on November 7, 2007. Retrieved 2009-04-17.
  5. ^ "Obituary". New York Times. 1983-11-07. Retrieved 2009-04-21.
  6. ^ a b c Madison Smartt Bell, History of the Owen School: From Its Early Origins to 1984 (Nashville: Vanderbilt University, 1985)
  7. ^ Paul Conkin, Gone with the Ivy: A Biography of Vanderbilt University (Knoxville: University of Tennessee Press, 1985)
  8. ^ Robert A. McGaw, The Vanderbilt Campus: A Pictorial History (Nashville: Vanderbilt University Press, 1978)
  9. ^ Editorial, Nashville Banner. 1983-11-7.
  10. ^ Julie Bell, “$33.5 Million Given VU for Owen School,” Tennessean. 1996-1-25.
  11. ^ Vanderbilt University. http://www.vanderbilt.edu/map/owen.html Archived 2002-03-30 at the Wayback Machine.
  12. ^ Walker Management Library. http://www2.owen.vanderbilt.edu/walker/about/index.php Archived 2009-09-03 at the Wayback Machine. Retrieved 2009-4-23.
  13. ^ Owen School. http://www.owen.vanderbilt.eduvanderbilt/Programsexec-ed/index.cfm [permanent dead link].
  14. ^ MBA Employment Report, Classes of 2007 and 2008. Owen School. http://www.owen.vanderbilt.edu/vanderbilt/Community/recruiters/how-to-recruit/employment-report/upload/2007_Employment_Report.pdf [permanent dead link].
  15. ^ "Faculty Profile". Retrieved 2023-08-08.
  16. ^ "Master of Marketing Curriculum | MM Program at Vanderbilt University | Vanderbilt Owen Graduate School of Management". www.owen.vanderbilt.edu. Retrieved 2015-12-01.
  17. ^ Owen School. http://www.owen.vanderbilt.edu/vanderbilt/programs/program-comparisons/for-college-students-and-recent-graduates.cfm Archived 2013-07-26 at the Wayback Machine.
  18. ^ Owen School. http://www.owen.vanderbilt.edu/vanderbilt/Programs/mba/mba-curriculum/core.cfm Archived 2009-05-07 at the Wayback Machine.
  19. ^ Full-time Profiles. BusinessWeek. 2008-11-13. http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/vanderbilt.html. Retrieved 2009-4-17.
  20. ^ Owen School. http://www.owen.vanderbilt.edu/vanderbilt/Programs/emba/emba-faq/index.cfm Archived 2009-11-19 at the Wayback Machine.
  21. ^ "Vanderbilt Americas MBA Program". Owen Graduate School of Management website. Archived from the original on 2013-05-03. Retrieved 23 May 2013.
  22. ^ Owen School. http://www.owen.vanderbilt.edu/vanderbilt/Programs/exec-ed/index.cfm Archived 2009-03-26 at the Wayback Machine.
  23. ^ Alina Dizik. “A Business School Specializes.” Wall Street Journal. 2009-4-15. https://www.wsj.com/articles/SB12397490235518481 [permanent dead link]. Retrieved 2009-4-23.
  24. ^ Reporter. Vanderbilt Medical Center. http://www.mc.vanderbilt.edu/reporter/index.html?ID=425.
  25. ^ Owen School. http://www.owen.vanderbilt.edu/vanderbilt/Programs/healthcaremba/careers.cfm Archived 2009-10-11 at the Wayback Machine.
  26. ^ “Do MBAs Benefit Faculty Physicians?” MedCenter Today.com. http://medcentertoday.com/article.php?chapter_id=4&id=58 Archived 2009-10-16 at the Wayback Machine. Retrieved 2009-4-23.
  27. ^ https://www.usnews.com/best-graduate-schools/top-business-schools/vanderbilt-university-01208
  28. ^ Rodkin, Jonathan; Levyfrom, Francesca. "Best Business Schools 2015". Bloomberg.com. Bloomberg Businessweek. Retrieved 1 December 2015.
  29. ^ "Top Business Schools Rankings: EMBA". Bloomberg Businessweek. Archived from the original on May 29, 2004. Retrieved 28 May 2013.
  30. ^ "Business School rankings, by country". Financial Times. Retrieved 23 November 2017.
  31. ^ "Business School rankings, by country". Financial Times. Retrieved 1 December 2015.
  32. ^ "Vanderbilt University – Owen Graduate School of Management". The Economist. Retrieved 2017-11-23.
  33. ^ Team MBA. http://www.gmac.com/teammba/TeamMBAAward/2008AwardRecipients.htm Archived 2009-09-26 at the Wayback Machine. Retrieved 2009-4-25.
  34. ^ Ipsos News Center. 2007-12-20. http://www.ipsos-na.com/news/pressrelease.cfm?id=3762 Archived 2010-01-03 at the Wayback Machine. Retrieved 2009-4-24.
  35. ^ Owen School. http://owen.vanderbilt.edu/vanderbilt/About/faculty-research/f_profile.cfm?id=109 Archived 2009-11-07 at the Wayback Machine.
  36. ^ Owen School. http://www2.owen.vanderbilt.edu/fmrc/Conference/conferences.html Archived 2009-04-23 at the Wayback Machine.
  37. ^ "New Turner Family Center Established". Vanderbilt University. Retrieved 2015-12-01.
  38. ^ "Expanding Good". Vanderbilt Business. Retrieved 2015-12-01.
  39. ^ Owen School. http://www2.owen.vanderbilt.edu/oec Archived 2009-08-07 at the Wayback Machine.
  40. ^ Owen School. http://www.vanderbilt.edu/moral_leadership/Home.html Archived 2009-05-01 at the Wayback Machine.
  41. ^ "Environmental Engineering, Management, & Policy". Vanderbilt School of Engineering. Retrieved 23 May 2013.
  42. ^ About Author. Skylight Paths Publishing. Retrieved 2013-05-18.
  43. ^ (Amazon.com, 2008; JCIM, 2003 volume 1)
  44. ^ Lownes-Jackson, Millicent; Guy, Retta. The Economic Empowerment of Women: A Global Perspective. Informing Science. ISBN 9781932886603.
  45. ^ Melissa Mittelman (24 October 2016). "JPMorgan Heralds M&A Bonanza as Companies Seek New Ways to Grow". Bloomberg L.P. Retrieved 24 October 2016.
  46. ^ Stark, Phyllis (2001-03-24). 'Genre-Less' Combutions Blasts Off with Texan Faulkner, Two Soundtracks. Billboard Magazine. Retrieved 12 October 2011.
  47. ^ "David Farr | Emerson Chairman & Chief Executive Officer | Emerson US". Archived from the original on 2021-03-08. Retrieved 2020-11-01.
  48. ^ "Adena T. Friedman". Retrieved 2023-08-02.
  49. ^ "Clear Labs closes $21M funding round to advance food safety solutions". Food Dive. Retrieved 2020-10-30.
  50. ^ "Bio non Faculty DB Page".
  51. ^ "Board of Trust".
  52. ^ "Ex-Goldmans star Khemka launches no-charge India trust".
  53. ^ "Doug Parker – Customer service – American Airlines".
  54. ^ "James C. Tsai Named President of New York Eye and Ear Infirmary of Mount Sinai". Retrieved September 25, 2017.
  55. ^ "Mount Sinai Launches Eye Research Institute". Retrieved 25 September 2017.
  56. ^ "Philip Wolf". "Forbes".
  57. ^ "Alumni Success Stories".
  58. ^ Macleans: "Chicago investment banker Bruce Heyman will be next U.S. ambassador to Canada - Heyman has been managing director of private wealth management at Goldman Sachs since 1999" September 19, 2013
  59. ^ Garrison, Joey (2015-07-24). "Nashville business leader Francis Guess dies at 69". The Tennessean. Retrieved 2015-08-22.
  60. ^ The White House. "President Donald J. Trump Announces Intent to Nominate Paul C. Ney Jr. of Tennessee to be the General Counsel of the Department of Defense". whitehouse.gov. Retrieved February 7, 2018 – via National Archives.
  61. ^ "Agricultural Executive Takes Over As Ukraine's New Economy Minister". rferl.org. March 18, 2020. Retrieved April 15, 2020.

36°08′50″N 86°48′00″W / 36.1472795°N 86.7999992°W / 36.1472795; -86.7999992

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