Mays Business School
Encyclopedia
Mays Business School is the business school at Texas A&M University
. The school educates over 4,500 students in undergraduate and postgraduate programs and consistently ranks among the top public business schools in the nation.
Mays Business School was one of the first five schools in the United States
to offer a trading center, the Reliant Energy Securities & Commodities Trading Center, which provides students with hands-on training to the tools used by commodities and currency traders. Students also use the center to manage the Tanner Fund, a $250,000 portfolio created using donated funds. Additionally, the School houses the nation's largest publicly funded real estate research organization, the Real Estate Center, and the Center for Retailing Studies, which was the first retailing center partnered with a business school.
Shortly after the conclusion of World War II, Thomas W. Leland became the first department head of the newly created Department of Business and Accounting, under the umbrella of the School of Arts and Sciences. After Leland's retirement in 1961, the School of Business Administration formed. By 1965 the new head of the department, John E. Pearson, had spearheaded the formation of several departments within the School of Business, including accounting, business analysis and research, finance, marketing, and management. The Master of Business Administration
(MBA) program debuted in 1966, and two years later, when Texas A&M received University status, the School of Business became the College of Business Administration.
The college was accredited by the American Assembly of Collegiate Schools of Business in 1972, and began awarding Ph.D.s the same year. Over the next several decades the college continued to grow, establishing various centers, including the Center for International Business Studies and the Center for Human Resources Management, and implementing new bachelor's degrees.
The College of Business moved into the newly-built Wehner Building on the western edge of Texas A&M University's campus in 1995. The following year the College was endowed by Lowry Mays
, founder of Clear Channel Communications
, and was renamed in his honor. Expansion continued quickly, and in 2003 an additional wing was added to the Wehner Building, housing the new 66000 square feet (6,131.6 m²) Jerry and Kay Cox Graduate Business Center.
, information & operations management
, management
, and marketing
.
Texas A&M University
Texas A&M University is a coeducational public research university located in College Station, Texas . It is the flagship institution of the Texas A&M University System. The sixth-largest university in the United States, A&M's enrollment for Fall 2011 was over 50,000 for the first time in school...
. The school educates over 4,500 students in undergraduate and postgraduate programs and consistently ranks among the top public business schools in the nation.
Mays Business School was one of the first five schools in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
to offer a trading center, the Reliant Energy Securities & Commodities Trading Center, which provides students with hands-on training to the tools used by commodities and currency traders. Students also use the center to manage the Tanner Fund, a $250,000 portfolio created using donated funds. Additionally, the School houses the nation's largest publicly funded real estate research organization, the Real Estate Center, and the Center for Retailing Studies, which was the first retailing center partnered with a business school.
History
Business education was first offered at Texas Agricultural and Mechanical College in conjunction with mechanical and agricultural programs. From 1876 through 1920 students at Texas A&M could select from a small number of business courses including single and double-entry bookkeeping and creamery management. In the 1920s the Department of Economics and the Agricultural Administration programs began offering further business courses, and by the end of the decade the college had established departments for accounting and statistics, farm and ranch management, marketing, and finance.Shortly after the conclusion of World War II, Thomas W. Leland became the first department head of the newly created Department of Business and Accounting, under the umbrella of the School of Arts and Sciences. After Leland's retirement in 1961, the School of Business Administration formed. By 1965 the new head of the department, John E. Pearson, had spearheaded the formation of several departments within the School of Business, including accounting, business analysis and research, finance, marketing, and management. The 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) program debuted in 1966, and two years later, when Texas A&M received University status, the School of Business became the College of Business Administration.
The College of Business moved into the newly-built Wehner Building on the western edge of Texas A&M University's campus in 1995. The following year the College was endowed by Lowry Mays
Lowry Mays
Lester Lowry Mays is the founder and current chairman of Clear Channel Communications.-Early years:Lester Lowry Mays was born on July 24, 1935 in Harris County, Texas, USA to Lester T. Mays and Mary Virginia Lowry. Mays attended the A&M College of Texas , where he received a B.S. in petroleum...
, founder of Clear Channel Communications
Clear Channel Communications
Clear Channel Communications, Inc. is an American media conglomerate company headquartered in San Antonio, Texas. It was founded in 1972 by Lowry Mays and Red McCombs, and was taken private by Bain Capital LLC and Thomas H. Lee Partners LP in a leveraged buyout in 2008...
, and was renamed in his honor. Expansion continued quickly, and in 2003 an additional wing was added to the Wehner Building, housing the new 66000 square feet (6,131.6 m²) Jerry and Kay Cox Graduate Business Center.
Academics
The business school is subdivided into five academic departments: accounting, financeFinance
"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 & operations management
Information management
Information management is the collection and management of information from one or more sources and the distribution of that information to one or more audiences. This sometimes involves those who have a stake in, or a right to that information...
, management
Management
Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively...
, and 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...
.
Undergraduate degrees
- Bachelor of Business Administration (BBABachelor of Business AdministrationThe Bachelor of Business Administration is a bachelor's degree in Commerce and business administration. In most universities, the degree is conferred upon a student after four years of full-time study in one or more areas of business concentrations; see below...
)- Accounting
- Business Honors
- Finance
- Information & Operations Management
- Management Information Systems
- Supply Chain ManagementSupply chain managementSupply chain management is the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers...
- Management
- Marketing
- Bachelor of Science (BSBachelor of ScienceA 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...
)- AgribusinessAgribusinessIn agriculture, agribusiness is a generic term for the various businesses involved in food production, including farming and contract farming, seed supply, agrichemicals, farm machinery, wholesale and distribution, processing, marketing, and retail sales....
- Agribusiness
- Certificate Programs
- Certificate in Entrepreneurial LeadershipEntrepreneurshipEntrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...
- Certificate in European UnionEuropean UnionThe European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...
Business - Certificate in Latin AmericaLatin AmericaLatin America is a region of the Americas where Romance languages – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...
n Business - Certificate in International BusinessInternational BusinessInternational business is a term used to collectively describe all commercial transactions that take place between two or more regions, countries and nations beyond their political boundary...
- Certificate in RetailingRetailingRetail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
- Certificate in Entrepreneurial Leadership
- MinorAcademic minorAn academic minor is a college or university student's declared secondary field of study or specialization during his or her undergraduate studies. As with an academic major, the college or university in question lays out a framework of required classes or class types a student must complete to...
- BusinessBusinessA business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
- Business
Graduate degrees
- Master of Business Administration (MBAMaster of Business AdministrationThe 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...
)- Two-Year Program
- Executive Program
- Master of Science (MSMaster of ScienceA 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:...
)- Accounting
- Finance
- Human Resources Management
- Management Information Systems
- Marketing
- Master of Real EstateReal estateIn general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
- Master of Agribusiness
- Certificate Programs
- Certificate in Entrepreneurship
- Certificate in Business (for non-business graduate students)
- Doctor of Philosophy (Ph.D.Doctor of PhilosophyDoctor of Philosophy, abbreviated as Ph.D., PhD, D.Phil., or DPhil , in English-speaking countries, is a postgraduate academic degree awarded by universities...
)- Accounting
- Finance
- Management
- Marketing
- Operations and Supply Chain Management
Research centers
- Center for Executive Development (CED)
- Center for Human Resource Management (CHRM)
- Center for International Business Studies (CIBS)
- Center for the Management of Information Systems (CMIS)
- Center for New Ventures and Entrepreneurship (CNVE)
- Center for Retailing Studies (CRS)
- Real Estate Center (REC)
- Reliant Energy Trading Center (RTC)
See also
- List of United States business school rankings
- List of business schools in the United States