Boston University School of Management
Encyclopedia
The Boston University School of Management (SMG) is the business school
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...

 at Boston University
Boston University
Boston University is a private research university located in Boston, Massachusetts. With more than 4,000 faculty members and more than 31,000 students, Boston University is one of the largest private universities in the United States and one of Boston's largest employers...

 in Boston
Boston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...

. Founded in 1913 as the College of Business Administration, the school offers undergraduate
Undergraduate education
Undergraduate education is an education level taken prior to gaining a first degree . Hence, in many subjects in many educational systems, undergraduate education is post-secondary education up to the level of a bachelor's degree, such as in the United States, where a university entry level is...

 and graduate programs.

The BU School of Management offers a Bachelor of Science in Business Administration (BSBA), Master of Business Administration
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...

 (MBA) degree (full and part-time programs), a Bachelor of Science
Bachelor of Science
A Bachelor of Science is an undergraduate academic degree awarded for completed courses that generally last three to five years .-Australia:In Australia, the BSc is a 3 year degree, offered from 1st year on...

 (BS) in Mathematical Finance, a Master of Science
Master of Science
A Master of Science is a postgraduate academic master's degree awarded by universities in many countries. The degree is typically studied for in the sciences including the social sciences.-Brazil, Argentina and Uruguay:...

 in Investment Management, executive education programs, two Ph.D.
Doctor of Philosophy
Doctor of Philosophy, abbreviated as Ph.D., PhD, D.Phil., or DPhil , in English-speaking countries, is a postgraduate academic degree awarded by universities...

 programs. Both the undergraduate and graduate programs offer dual degree options with other schools and colleges at Boston University.

The BU School of Management has some 250 full-time faculty and some 200 part-time faculty, teaching fellows, and active research assistant
Research assistant
A research assistant is a researcher employed, often on a temporary contract, by a university or a research institute, for the purpose of assisting in academic research...

s.

Rafik B. Hariri Building

The business school is housed in the Rafik B. Hariri Building, located at 595 Commonwealth Avenue
Commonwealth Avenue, Boston
Commonwealth Avenue is a major street in the cities of Boston and Newton, Massachusetts. It begins at the western edge of the Public Garden, and continues west through the neighborhoods of the Back Bay, Kenmore Square, Allston, Brighton and Chestnut Hill...

. The building opened in October 1996 and contains over 40 classroom
Classroom
A classroom is a room in which teaching or learning activities can take place. Classrooms are found in educational institutions of all kinds, including public and private schools, corporations, and religious and humanitarian organizations...

s, a 375-seat lecture hall
Lecture hall
A lecture hall is a large room used for instruction, typically at a college or university. Unlike a traditional classroom with a capacity from one to four dozen, the capacity of lecture halls is typically measured in the hundreds...

, five computer lab
Computer lab
A computer lab, also known as a computer suite or computer cluster is typically a room which contains many networked computers for public use...

s, and the Frederick S. Pardee Management Library. The building offers wireless Internet access throughout as well as 4,000 wired dataports. A Breadwinners Deli and a wired Starbucks
Starbucks
Starbucks Corporation is an international coffee and coffeehouse chain based in Seattle, Washington. Starbucks is the largest coffeehouse company in the world, with 17,009 stores in 55 countries, including over 11,000 in the United States, over 1,000 in Canada, over 700 in the United Kingdom, and...

 are located in the building. The Hariri Building also contains 16 team rooms available only for undergraduate School of Management and Graduate School of Management students to hold team meetings. Room reservations are made online.

The building is named after Rafik B. Hariri, the late former Prime Minister of Lebanon, who was a Boston University trustee. Hariri's two sons attended BU, and Hariri's philanthropic foundation made a donation for the construction of the new building.

Undergraduate programs

The BU School of Management's offers undergraduate Bachelor of Science
Bachelor of Science
A Bachelor of Science is an undergraduate academic degree awarded for completed courses that generally last three to five years .-Australia:In Australia, the BSc is a 3 year degree, offered from 1st year on...

 degrees in Business Administration, Finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...

, Information Systems
Information systems
Information Systems is an academic/professional discipline bridging the business field and the well-defined computer science field that is evolving toward a new scientific area of study...

, Accounting, Marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...

, Operations and Technology Management, and Business Law. The Boston University Collaborative Degree Program is a program for a select group of students who choose to pursue a second degree in another field in another BU college; common BUCOP subjects include economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

, mathematics
Mathematics
Mathematics is the study of quantity, space, structure, and change. Mathematicians seek out patterns and formulate new conjectures. Mathematicians resolve the truth or falsity of conjectures by mathematical proofs, which are arguments sufficient to convince other mathematicians of their validity...

, international relations
International relations
International relations is the study of relationships between countries, including the roles of states, inter-governmental organizations , international nongovernmental organizations , non-governmental organizations and multinational corporations...

, advertising
Advertising
Advertising is a form of communication used to persuade an audience to take some action with respect to products, ideas, or services. Most commonly, the desired result is to drive consumer behavior with respect to a commercial offering, although political and ideological advertising is also common...

, and engineering
Engineering
Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...

.

The BU School of Management's Honors Program, which began in 1998, is a business program to which academically-talented freshmen and sophomores are invited.

Graduate School of Management

The Graduate School of Management (GSM) offers a Master of Business Administration (MBA), a Master of Science
Master of Science
A Master of Science is a postgraduate academic master's degree awarded by universities in many countries. The degree is typically studied for in the sciences including the social sciences.-Brazil, Argentina and Uruguay:...

 in Information Systems combined with an MBA (MS-MBA), a Master of Science in Investment Management (MSIM), a Master of Science in Mathematical Finance (MSMF) and a Doctor of Business Administration (DBA) degree. MBA degrees are also offered with concentrations in Public & Non-Profit Management and Health Sector Management (which can also be studied as part of the MS-MBA program), and an International Management Program (IMP) MBA.

The graduate programs enrolled 364 Full-time MBA, 406 Part-time MBA, 61 Executive MBA, and 50 Ph.D. students during the 2005-06 school year.

The Graduate School of Management offers two Ph.D programs, in Management and Mathematical Finance.

The Graduate School of Management offers a one-year International MBA. The program begins in summer in China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

 (Beijing
Beijing
Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...

, then Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...

) and continues in the fall in Boston.

The school offers several MBA dual degree programs in conjunction with other BU schools:
  • MBA/JD in Law Management (with the School of Law
    Boston University School of Law
    Boston University School of Law is the law school affiliated with Boston University, and is ranked #22 among American law schools by US News and World Report magazine. It is the second-oldest law school in Massachusetts and one of the first law schools in the country to admit students regardless...

    )
  • MBA/JD in Health Sector Management (with the School of Law
    Boston University School of Law
    Boston University School of Law is the law school affiliated with Boston University, and is ranked #22 among American law schools by US News and World Report magazine. It is the second-oldest law school in Massachusetts and one of the first law schools in the country to admit students regardless...

    )
  • MBA/MD (with the School of Medicine
    Boston University School of Medicine
    Boston University School of Medicine is one of the graduate schools of Boston University. Founded in 1848, the medical school holds the unique distinction as the first institution in the world to formally educate female physicians. Originally known as the New England Female Medical College, it was...

    )
  • MBA/MA in Medical Science (with the School of Medicine's
    Boston University School of Medicine
    Boston University School of Medicine is one of the graduate schools of Boston University. Founded in 1848, the medical school holds the unique distinction as the first institution in the world to formally educate female physicians. Originally known as the New England Female Medical College, it was...

     Medical Science Division)
  • MBA/MPH in Health Care Management (with the School of Public Health
    Boston University School of Public Health
    Boston University School of Public Health is Boston University's graduate School of Public Health. It is located in the heart of Boston University's Medical Campus in the South End neighborhood of Boston, Massachusetts. The Dean is Robert Meenan...

    )
  • MBA/MPH in Global Health Management (with the School of Public Health
    Boston University School of Public Health
    Boston University School of Public Health is Boston University's graduate School of Public Health. It is located in the heart of Boston University's Medical Campus in the South End neighborhood of Boston, Massachusetts. The Dean is Robert Meenan...

    )
  • MBA/MA in Economics (with the Graduate College of Arts and Sciences
    Boston University College of Arts and Sciences
    The College of Arts and Sciences is Boston University's largest undergraduate school, offering Bachelor of Arts degrees in 23 different departments and 20 interdisciplinary programs...

    )
  • MBA/MS in International Relations (with the Graduate College of Arts and Sciences
    Boston University College of Arts and Sciences
    The College of Arts and Sciences is Boston University's largest undergraduate school, offering Bachelor of Arts degrees in 23 different departments and 20 interdisciplinary programs...

    )
  • MBA/MS in Manufacturing Engineering (with the Department of Mechanical Engineering in the College of Engineering
    Boston University College of Engineering
    The College of Engineering at Boston University offers Bachelor of Science, Master of Science, and Doctor of Philosophy degrees in various fields in engineering. The college currently consists of:* * * * *...

    )
  • MBA/MS in Television Management (with the College of Communication
    Boston University College of Communication
    Boston University's College of Communication was founded on May 27, 1947, then called the School of Public Relations. Since 1947, the college has gone through many changes in both name and location Boston University's College of Communication was founded on May 27, 1947, then called the School of...

    )

Executive education programs

The School of Management offers several executive education programs and seminars as well as an 18-month Executive MBA program, which meets every other Friday through Saturday and offers professional
Professional
A professional is a person who is paid to undertake a specialised set of tasks and to complete them for a fee. The traditional professions were doctors, lawyers, clergymen, and commissioned military officers. Today, the term is applied to estate agents, surveyors , environmental scientists,...

s an opportunity to obtain an MBA and build management skills without leaving their jobs.

The Executive Leadership Center offers open registration and custom-designed management seminars, ranging from one day to several weeks duration.

Annual International Tech Strategy Business Case Competition

Since 2006, the BU School of Management has hosts the annual International Tech Strategy Business Case Competition every spring semester. The competition is sponsored by Ericsson
Ericsson
Ericsson , one of Sweden's largest companies, is a provider of telecommunication and data communication systems, and related services, covering a range of technologies, including especially mobile networks...

. Business schools from across the U.S. and the world compete in the competition is by invitation only. In the sixth Annual competition, held, March 24-26, 2011, the prizes for first, second, third, and fourth place were $25,000, $15,000, $5,000, and $2,500, respectively.

Rankings

Undergraduate
  • No. 31 Business Week 2011


Graduate (rankings for full-time U.S. MBA programs only:
  • No. 31 US News & World Report 2010
  • No. 21 The Economist
    The Economist
    The Economist is an English-language weekly news and international affairs publication owned by The Economist Newspaper Ltd. and edited in offices in the City of Westminster, London, England. Continuous publication began under founder James Wilson in September 1843...

    2009
  • No. 16 in North America QS Global 200 Business Schools Report
    QS Global 200 Business Schools Report
    The QS Global 200 Business Schools Report identifies the most popular business schools in each region of the world. It aims to serve employers seeking MBAs at a regional level. It originated in the early 1990s under the partnership Quacquarelli Symonds. The TopMBA Career Guide was made in 1990, and...

  • No. 29 in the U.S. Financial Times
    Financial Times
    The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....

     2009
  • No. 31-50 Business Week, 2010
  • Among Top 25 Entrepreneur Magazine
    Entrepreneur Magazine
    Entrepreneur is a publication that carries news stories about entrepreneurialism, small business management, and business opportunities. It is published by Entrepreneur Media Inc., headquartered in Irvine, California....

    , 2005

Notable alumni

  • Keith B. Alexander
    Keith B. Alexander
    General Keith B. Alexander, USA is the current Director, National Security Agency , Chief, Central Security Service and Commander, United States Cyber Command. He previously served as Deputy Chief of Staff, G-2, U.S. Army from 2003 to 2005...

    , Director, National Security Agency
    National Security Agency
    The National Security Agency/Central Security Service is a cryptologic intelligence agency of the United States Department of Defense responsible for the collection and analysis of foreign communications and foreign signals intelligence, as well as protecting U.S...

  • Norman Barron, Founder, Marshalls Department Store
    Marshalls
    Marshalls, Inc., is a chain of American department stores owned by TJX Companies. Marshalls has over 750 conventional stores, as well as larger stores named Marshalls Mega Store, covering 42 states and Puerto Rico. Marshalls expanded into Canada in March 2011...

  • John K. Billock, Vice Chairman & COO, Time Warner Cable
    Time Warner Cable
    Time Warner Cable is an American cable television company that operates in 28 states and has 31 operating divisions...

  • Gina R. Boswell, Sr. Vice President & COO, Avon Products
    Avon Products
    Avon Products, Inc. is a US cosmetics, perfume and toy seller with markets in over 140 countries across the world and sales of $9.9 billion worldwide as of 2007.-Business Model:...

  • Ellen Bovarnick, Vice President, The Coca-Cola Company
    The Coca-Cola Company
    The Coca-Cola Company is an American multinational beverage corporation and manufacturer, retailer and marketer of non-alcoholic beverage concentrates and syrups. The company is best known for its flagship product Coca-Cola, invented in 1886 by pharmacist John Stith Pemberton in Columbus, Georgia...

  • Jay Cashman
    Jay Cashman
    Jay Cashman, Inc. is an American heavy-construction company based in Quincy, Massachusetts, with satellite offices in Boston, Jupiter, Florida, and Staten Island, New York. , the company has about 1,000 employees. Cashman was one of the major contractors on the Boston's Central Artery/Tunnel...

    , CEO Cashman, Inc.
  • Ken Danieli, Brand Strategist, Pepsi Stuff
    Pepsi Stuff
    Pepsi Stuff was a major loyalty program launched by PepsiCo, first in North America on March 28, 1996 and then around the world, featuring premiums — such as T-shirts, hats, denim and leather jackets, bags and mountain bikes — that could be purchased with Pepsi Points through the Pepsi Stuff...

     creator
  • Millard Drexler
    Millard Drexler
    Millard "Mickey" S. Drexler is the current chairman and CEO of J.Crew Group and formerly the CEO of Gap Inc. He has been a director at Apple Inc. since 1999....

    , Chairman & CEO, J.Crew
    J.Crew
    J.Crew Group, Inc. is a multi-brand, multi-channel, specialty retailer. The company offers an assortment of women's, men's and children's apparel and accessories, including swimwear, outerwear, loungewear, wedding, bags, hair accessories, belts, jewelry, and shoes. As of January 30, 2010, it...

  • Jerald G. Fishman
    Jerald G. Fishman
    Jerald G. Fishman has served as Chief Executive Officer and President of Analog Devices since November 1996. He is a 35-year veteran of Analog Devices and also serves on the Board of Directors of Analog Devices, Cognex Corporation and Xilinx Inc.-Education:...

    , CEO, Analog Devices
    Analog Devices
    Analog Devices, Inc. , known as ADI, is an American multinational semiconductor company specializing in data conversion and signal conditioning technology, headquartered in Norwood, Massachusetts...

  • Toshimasa Iue, President & COO, Sanyo
    Sanyo
    is a major electronics company and member of the Fortune 500 whose headquarters is located in Moriguchi, Osaka prefecture, Japan. Sanyo targets the middle of the market and has over 230 Subsidiaries and Affiliates....

  • James F. Jeffrey
    James Franklin Jeffrey
    James Franklin Jeffrey is an American diplomat and the current United States Ambassador to Iraq.He was serving as the Deputy National Security Advisor in the administration of George W. Bush before being appointed to Turkey.-Biography:...

    , Ambassador, U.S. Department of State
  • Louis E. Lataif, former President of Ford of Europe and Dean Emeritus
  • Tom Magliozzi
    Tom Magliozzi
    Thomas Louis "Click Tappet" Magliozzi is an American radio talk show host. He and his younger brother Ray Magliozzi, also known collectively as Click and Clack, The Tappet Brothers, are the hosts of National Public Radio's Car Talk. -Biography:Thomas Louis...

    , Host, Car Talk
    Car Talk
    Car Talk is a radio talk show broadcast weekly on National Public Radio stations throughout the United States and elsewhere. Its subjects are automobiles and repair, and it often takes humorous turns...

  • Don McGrath, CEO of BancWest Corp, Chairman & CEO, Bank of the West
    Bank of the West
    Bank of the West, is a commercial bank which sponsors the Bank of the West Classic professional tennis tournament, a U.S. Open series event.-History:Bank of the West began as Farmers National Gold Bank of San Jose, California, in 1874...

  • Dirk Meyer
    Dirk Meyer
    Derrick R. "Dirk" Meyer was a former Chief Executive Officer of Advanced Micro Devices, serving in the position since July 18, 2008 and resigning on January 10, 2011.- Education :...

    , President & CEO, Advanced Micro Devices
    Advanced Micro Devices
    Advanced Micro Devices, Inc. or AMD is an American multinational semiconductor company based in Sunnyvale, California, that develops computer processors and related technologies for commercial and consumer markets...

  • Christine Poon
    Christine Poon
    Christine Poon, born c. 1951 in Brentwood, Missouri, is an American business executive. She is the former Vice Chairman of Johnson & Johnson's Board of Directors and Worldwide Chairman of J&J's Pharmaceuticals Group. Poon is currently dean of Ohio State University's Fisher College of Business...

    , former Vice Chairman, Johnson & Johnson
    Johnson & Johnson
    Johnson & Johnson is an American multinational pharmaceutical, medical devices and consumer packaged goods manufacturer founded in 1886. Its common stock is a component of the Dow Jones Industrial Average and the company is listed among the Fortune 500....

  • Elizabeth H. Roberts
    Elizabeth H. Roberts
    Elizabeth H. Roberts is currently the Lieutenant Governor of the State of Rhode Island. She has served under Republican Governor Donald Carcieri and Independent Lincoln Chafee. She was elected as a Democrat in 2006, becoming the state's first female Lieutenant Governor.Roberts was born April 17,...

    , Lieutenant Governor, Rhode Island
  • Alfred Sant
    Alfred Sant
    Alfred Sant is a Maltese politician. He led the Labour Party from 1992 to 2008 and served as Prime Minister of Malta between 1996 and 1998 and as Leader of the Opposition from 1992 to 1996 and from 1998 to 2008....

    , former Prime Minister, Republic of Malta
    Malta
    Malta , officially known as the Republic of Malta , is a Southern European country consisting of an archipelago situated in the centre of the Mediterranean, south of Sicily, east of Tunisia and north of Libya, with Gibraltar to the west and Alexandria to the east.Malta covers just over in...

  • Yong-Il Shin, CEO, Deutsche Asset Management (Asia)
  • John F. Smith Jr., retired Chairman & CEO, General Motors
    General Motors
    General Motors Company , commonly known as GM, formerly incorporated as General Motors Corporation, is an American multinational automotive corporation headquartered in Detroit, Michigan and the world's second-largest automaker in 2010...

  • John Svenson (MBA 1975), Co-Founder, The Abbey Group and Part Owner, Boston Celtics
    Boston Celtics
    The Boston Celtics are a National Basketball Association team based in Boston, Massachusetts. They play in the Atlantic Division of the Eastern Conference. Founded in 1946, the team is currently owned by Boston Basketball Partners LLC. The Celtics play their home games at the TD Garden, which...

  • Bruce Taub, Executive Vice President, CBS Television
  • Edward Zander
    Edward Zander
    Edward J. Zander is an American business executive. He was CEO and Chairman of the Board of Motorola from January 2004 until January 2008, remaining as chairman until May 2008...

    , Chairman & CEO, Motorola
    Motorola
    Motorola, Inc. was an American multinational telecommunications company based in Schaumburg, Illinois, which was eventually divided into two independent public companies, Motorola Mobility and Motorola Solutions on January 4, 2011, after losing $4.3 billion from 2007 to 2009...

  • John Perkins, Author, Confessions of an Economic Hit Man
    Confessions of an Economic Hit Man
    Confessions of an Economic Hit Man is a book written by John Perkins and published in 2004. It provides Perkins' account of his career with consulting firm Chas. T. Main in Boston. Before employment with the firm, he interviewed for a job with the National Security Agency...


See also


External links

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