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77-721: The Stephen M. Ross School of Business at the University of Michigan (branded as Michigan Ross ) is the business school of the University of Michigan , a public research university in Ann Arbor , Michigan . The Stephen M. Ross School of Business was originally established in 1924 as the School of Business Administration. Today, it offers bachelor's , master's , and doctoral degrees, as well as an executive education program. Michigan Ross also collaborates with other colleges and schools at

154-414: A Bachelor of Business Administration (BBA) degree was introduced. In 1943, Russell Stevenson became the school's third dean. In 1947, enrollment exceeded 1,000 students, reaching 800 BBA students and 400 MBA students by 1949. In 1948, the school opened a new building that cost $ 2.5 million and had a nine-story tower. The same year, prominent economist Paul McCracken joined the faculty. From 1950 to 1959,

231-461: A 501(c)(3) organization dedicated to ensuring the equal representation of African Americans, Hispanic Americans and Native Americans in management careers in the business community of the United States of America. The Consortium is so named for the collaboration among its staff and board of trustees; its 20-member MBA programs ; and its approximately 75 corporate partners, which work together toward

308-585: A Master of Business Administration from the Ross School and a Master of Science from SEAS in 2 1/2 to 3 years, has received many accolades. In 2013, Michigan Ross (Erb Institute) received the top ranking for MBA programs with a Sustainability specialty ( Bloomberg Business MBA Rankings ) Joel D. Tauber donated $ 5 million in 1995 to establish the Joel D. Tauber Manufacturing Institute, which trains graduate engineering and business students in operations management. The program

385-484: A Minor in Business is offered for non-business undergraduate students. In late 2013, the school launched a major fundraising campaign. In 2014, a new 10-month Master of Management degree was introduced. The same year, the school began sponsoring the annual Positive Business Conference. During Davis-Blake's tenure, the school broadened its global presence, increasing the number of overseas experiences for students and beginning

462-476: A bachelor's degree is tuition-free at public intuitions in several countries: Austria , Cyprus , Czech Republic , Denmark , Estonia , Finland , Germany , Greece , Malta , Montenegro , Norway , Poland , Scotland , Slovakia , Slovenia , Sweden , Turkey . In the German education system , most universities do not charge tuition, except for some executive MBA programs. French tuition fees are capped based on

539-419: A class of 420 MBA students; the organization has more than 8,000 alumni. The admissions process for The Consortium opens annually on Aug. 15, with a first-round deadline on Oct. 15 and a second-round deadline on Jan. 5. The Consortium's common application allows students to apply online through the organization for Consortium membership and for admission to any six of the organization's 20 member schools. After

616-520: A community colleges, charge $ 3,730 (€3,154) on average for in-state students, but these institutions usually do not offer Bachelors or MBA degrees. Private institutions in the United States all charge tuition, often considerably more than their public counterparts. Consortium for Graduate Study in Management The Consortium for Graduate Study in Management was founded in 1966 and is

693-501: A dance floor, a DJ on the roof, and couches in the interior. On game days, The Bus is parked in a nearby Lumber Yard for an event called the Ross MBA tailgate, which attracts over 500 students, alumni, and friends. As of 2013, this tradition had been intact for the last decade. After the bus "died" in 2013, a group of MBA students started a crowdfunding campaign on Tilt.com to purchase a new mobile tailgate bus. Michigan Journal of Business

770-420: A full academic year's work, a bachelor's degree typically requires 180–240 credits and a master's degree 90–120 credits. In France, those levels of study include various "parcours" or paths based on UE ( unités d'enseignement or modules), each worth a defined number of ECTS credits. Grande école business schools are elite academic institutions that admit students through an extremely competitive process, and

847-609: A member MBA program, but who were not granted a scholarship, may still be Consortium members and take advantage of other benefits of The Consortium. Sterling Schoen, a management professor at Washington University in St. Louis , realized over the course of his research that at the time, in 1965, the Fortune 500 companies had zero African Americans among their management ranks. His research led him to conclude that full-time MBA programs could contribute toward redressing racial inequality. He worked with

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924-528: A newspaper called the Monroe Street Journal and houses the Michigan Journal of Business , the first undergraduate-level academic journal in the field of business. A Ross MBA community tradition is the Ross MBA college football tailgate, which takes place before and after every home game at "The Bus", a 1985 Ford school bus that is painted in maize and blue, Michigan's colors, and is decorated with

1001-474: A partnership with Shanghai Jiao Tong University . The Desai Accelerator for startup businesses—a joint effort between Ross and the University of Michigan College of Engineering —opened in downtown Ann Arbor in 2014. The same year, Davis-Blake oversaw a large, donor-funded construction project that includes the new Jeff T. Blau Hall, as well as renovations to several older buildings on the business campus. In 2015, Davis-Blake announced that she would step down at

1078-750: A pilot run, it became part of the MBA core curriculum in 1993. In 1995, an international MAP option was created as a separate program. In 2015, MAP became an option in the undergraduate curriculum. In 1992, the William Davidson Institute was founded. In 1995, the Tauber Institute was founded as a joint project with the College of Engineering . In 1996, the Global MBA Program is introduced, allowing students to study abroad in one-month terms. The same year,

1155-531: A premium rate for MBAs. All private and autonomous institutions in Europe charge tuition. In the United States, most public college and universities charge tuition. According to the CollegeBoard, the average cost for an out-of-state, or international student, to attend a public four year university in 2020 was $ 38,330 (€32,409), while the average in-state cost was $ 21,950 (€18,559). Two year public universities, such as

1232-588: A team of 60 respected educators, business managers and community leaders toward the creation of a cooperative network of universities. He initially won commitments from three schools — his own, plus the University of Wisconsin and Indiana University — in creating The Consortium for Graduate Study in Management. Recruiting began for the initial class of 21 African American men, and The Consortium secured support at that time from 27 corporate partners. The first class met in its initial "Orientation Program," an intensive preparation program for incoming MBA students, during

1309-528: Is a biannual, peer-reviewed , open access , academic journal that is published by undergraduate students at the Stephen M. Ross School of Business ( University of Michigan ). It was established in 2007 by William Moon and publishes theses, empirical research, case studies, and theories relating to accounting, economics, finance, marketing, management, operations management, information systems, business law, corporate ethics , and public policy. The editorial staff

1386-527: Is a multimillion-dollar venture capital fund operated by the Ross School of Business. The fund was started in 1997 by Karen Bantel. The fund invests with the active involvement of MBA students, faculty assistance, and an advisory board composed of professional venture capitalists and entrepreneurs. It invests in early-stage, emerging growth companies. The Fund typically provides US$ 50,000 to $ 200,000 in seed and first-stage funding rounds with other venture capital funds and angel investors . The Wolverine Venture Fund,

1463-672: Is composed of students of the University of Michigan. The journal is abstracted and indexed in EBSCO's Business Source Complete database. Archival issues are available at the MJB's website. 42°16′21.8″N 83°44′15.2″W  /  42.272722°N 83.737556°W  / 42.272722; -83.737556 Business school There are several forms of business schools, including a school of business, business administration, and management. Andreas Kaplan classifies business schools along four corners: The first business schools appeared in Europe in

1540-536: Is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors influencing the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more. Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching: When Harvard Business School started operating in 1908,

1617-558: Is presented annually to individuals in recognition of their courageous leadership and commitment in advancing the goal of equal opportunity for underrepresented minorities in American business. It has been awarded annually since 2001. Schoen served as founding director until 1980, when he returned to pure academia on the Washington University faculty. He died in 1999. Peter C. Thorp Corporate Leadership Award : Established in honor of

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1694-499: Is presented to African American students, particularly women, with preference given to those attending the University of Southern California Marshall School of Business or the Tuck School of Business at Dartmouth College. This scholarship is given in tribute to Leslie Elise Adkins, a 2015 Consortium alumna who died of complications from chronic diabetes soon after completing her MBA at the University of Southern California. The scholarship

1771-542: Is run jointly with the University's College of Engineering. In 2007, the institute was renamed the (Joel D.) Tauber Institute for Global Operations to recognize increased interest from service, healthcare, IT, and retail organizations. In 2012 the institute was awarded the first UPS George D. Smith Prize from INFORMS for its effective and innovative preparation of students to be practitioners of operations research, management science or analytics. The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies provides

1848-495: Is the Tepper School of Business at Carnegie Mellon University . The goal is to provide students a set of tools that will prepare them to tackle and solve problems. Another important approach used in business school is the use of business games that are used in different disciplines such as business, economics, management, etc. Some colleges are blending many of these approaches throughout their degree programs, and even blending

1925-544: The GMAT , helped cement the school's reputation for innovations that produce business leaders. In 2001, Robert J. Dolan became the school's seventh dean. In 2002, the John R. and Georgene M. Tozzi Electronic Business and Finance Center was established. In 2003, several faculty members published "Positive Organizational Scholarship: Foundations of a New Discipline", a study on how to create positive organizations. The school would later found

2002-598: The Ad Hoc Committee on Educational Programs in Business Administration for Negroes, which tried to attract more African-American students but the initiative and a number of student strikes and other protests in the following years demanded more minority enrollment. In 1971, the school began a $ 1.5 million expansion of the physical facilities and assembly hall. By 1971, total enrollment exceeded 1,300, more than three-quarters of whom were graduate students with 370 in

2079-508: The Center for Positive Organizations. In 2004, alumnus Stephen M. Ross donated US$ 100 million to the school, which was renamed the Stephen M. Ross School of Business . This was the largest-ever gift to a U.S. business school and to the University of Michigan. The Ross gift funded a campus overhaul; the school demolished 180,000 square feet (17,000 m) of existing building space and renovated or added 270,000 square feet (25,000 m). In 2006,

2156-656: The Evening MBA Program. In 1972, the school's first two alumni clubs in New York and California , held their first meetings. In 1974, Alfred Edwards joined the faculty as a professor of business administration and director of the research division, later becoming known as the school's ambassador for diversity. In 1979, Gilbert Whitaker became the school's fifth dean and established an enlarged Office of Development & Alumni Relations. In 1980, total degree-program enrollment reached 2,000, including about 600 BBA students, while

2233-626: The Frederick A. and Barbara M. Erb Environmental Management Institute was established. In 1999, the Samuel Zell and Robert H. Lurie Institute for Entrepreneurial Studies was founded. In 2000, Sam Wyly Hall opened to house Executive Education and other programs. The same year, the number of faculty members approached 200. In 2001, the school introduced an Executive MBA Program, which targeted business leaders in supervisory positions. During White's tenure, other initiatives, such as research on how to supplement

2310-680: The Management and Production/Operations categories, fourth in Marketing and Accounting, fifth in Nonprofit and International, sixth in Supply Chain/Logistics, seventh in Entrepreneurship, and tenth in Finance. In 2023 Bloomberg Businessweek ranked the MBA program 9th overall. In 2015, U.S. News & World Report rankings of the best U.S. undergraduate business programs ranked Ross first in

2387-640: The Michigan Ross faculty as an assistant professor in 1991, and was promoted to associate professor in 1995 and to professor in 2000. She was the Jack D. Sparks – Whirlpool Corporation Research Professor of Business Administration from 2005–07 and has held the William Davidson Professor of Business Administration chair since 2010. From 2016–20, Lafontaine served as the senior associate dean for faculty and research at Michigan Ross. Prior to that, she served as

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2464-464: The Michigan Ross faculty in 2007 and had been an associate dean. In 2017, enrollment exceeded 3,000 students, including about 1,600 BBA students and 800 full-time MBA students. Nearly 40% of incoming BBA students are women, and about half are from other states. Francine Lafontaine stepped in as the business school's interim dean, effective May 24, 2021. Lafontaine began her academic career as an assistant professor at Carnegie Mellon University. She joined

2541-449: The PGE ( Programme Grande École ) ends with the degree of Master in Management (MiM). Some business schools structure their teaching around the use of case studies (i.e. the case method ). Case studies have been used in graduate and undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information

2618-595: The Ross Leadership Initiative, later renamed the Sanger Leadership Center, was established to improve the leadership development of MBA students. In 2009, the school's Master of Supply Chain Management degree program was introduced. The same year, the $ 145 million Stephen M. Ross building opened. In 2010, a Weekend MBA Program was introduced, allowing students to complete an MBA in two years while working full-time. In 2011, Alison Davis-Blake became

2695-569: The Sloan Foundation and the National Science Foundation. On May 19, 2022, the University of Michigan announced that it had selected Sharon F. Matusik , the culmination of an eight-month-long national search for the next dean. Matusik's term began on August 1, 2022, and ends on July 31, 2027. U.S. News & World Report , in its 2019 ranking of top MBA programs, placed Michigan Ross seventh in its ranking of business schools in

2772-473: The U.S. by Gartner . In the 2015 Bloomberg Businessweek rankings of undergraduate business schools, Ross was placed twelfth; in 2016, Ross moved up to eighth place in that list. The Ross School of Business was ranked third worldwide in 2011 for research output, and first in 2013 for sustainability by Bloomberg Businessweek . Upon its establishment in 1924, the business school was located in Tappan Hall,

2849-685: The United States: ACBSP , AACSB , and the IACBE . In Europe , the EQUIS business school accreditation system is run by the EFMD , which sometimes applies the more narrow EPAS label to specific courses. The AMBA accredits MBA programmes and other post-graduate business programmes in 75 countries; its sister organisation the Business Graduates Association (BGA), accredits business schools, based on

2926-410: The United States; it was tied with the University of California at Berkeley's Haas School of Business . In the same publication and year's BBA rankings, Michigan Ross was ranked fourth. In the most recent U.S. News & World Report for 2023, the school ranked 10th. In the most-recent U.S. News & World Report specialty rankings for 2019, Michigan Ross's full-time MBA program was ranked third in

3003-456: The University of Michigan by funding research, hosting visiting scholars, organizing seminars and speaker series, sponsoring summer internships, and creating dynamic and current teaching materials. Since 2006, more than 1,800 MBA students have participated in more than 450 international projects. WDI's publication initiative houses a collection of international business and social impact teaching materials. A publishing subsidiary named WDI Publishing

3080-445: The University of Michigan to offer dual degree programs. Additionally, the school's Executive Education program includes a Distinguished Leader Certificate. Michigan Ross maintains the tenth largest endowment among all business schools in the United States , with a total of $ 435 million as of 2016. The first business courses were offered at the University of Michigan in 1900. Economics Department Chairman Henry Carter Adams oversaw

3157-536: The annual Orientation Program, expanding The Consortium's collaboration with corporate partners and exposing opportunities to more diverse young leaders through the conference. This award recognizes a young alumnus who is a “leader in action,” demonstrating vision, collaboration and creativity in driving diversity and inclusion in their professional life. The award is given annually and was first given in 2017 . She died in 2016. Leslie Elise Adkins Endowed Scholarship Award : The Leslie Elise Adkins Endowed Scholarship Award

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3234-466: The application period closes, The Consortium coordinates with representatives from the 20 schools, who can offer merit-based full-scholarship fellowships to prospective students. Admission to The Consortium is somewhat separate from admission to a member MBA program. Students who are admitted to The Consortium, who choose to attend a member school and who receive a scholarship are considered Consortium fellows. Students admitted to The Consortium and who attend

3311-418: The controversy that surrounds the learning method. There are also several business schools which still rely on the lecture method to give students a basic business education. Lectures are generally given from the professor's point of view, and rarely require interaction from the students unless notetaking is required. Lecture as a method of teaching in business schools has been criticized by experts for reducing

3388-472: The curriculum, program initiatives, community involvement, and alumni outreach activities that provide resources for graduates of the Ross School of Business. In 1999, a $ 10 million donation from Samuel Zell and Ann Lurie on behalf of her husband Robert H. Lurie established the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the Business School. The Wolverine Venture Fund (WVF)

3465-546: The director at the Bureau of Economics for the U.S. Federal Trade Commission from fall of 2014 to the end of 2015. She also was the chair of the Business Economics and Public Policy group at Ross from 2003–2012. Her research focuses on industrial organization, vertical relationships, contracting and franchising, and entrepreneurship, along with related public policy issues. She has received several research grants, including from

3542-685: The eighteenth century and multiplied from the beginning of the nineteenth century. In the United States, common degrees in business are: Graduates in business may also have generically titled degrees such as Bachelor of Science (BS), Master of Science (MS) or Doctor of Philosophy (PhD). In Europe, higher education degrees are organized into three cycles under the Bologna Process in order to facilitate international mobility: bachelor's , master's and doctorates . The details of how degrees are organized vary between countries and institutions, but in terms of ECTS credits , where 60 credits represents

3619-531: The end of her five-year term in 2016 to pursue a broader role in higher education. In 2015, Michigan Ross announced the Alumni Advantage program that offers free lifetime open-enrollment executive education tuition for all its degree alumni and half-price tuition for non-Ross UM alumni. In 2016, the Jeff T. Blau Hall and the renovated Kresge Hall opened. In 2016, Scott DeRue became the school's ninth dean. He joined

3696-505: The expanding practical courses to prepare students for business careers. The idea for the school came from the economics department. In 1918, the university's College of Literature, Science, and the Arts began issuing a Certificate of Business Administration. In 1923, University President Marion LeRoy Burton hired Edmund Ezra Day to serve as the founding dean of a new business school. The University of Michigan School of Business Administration

3773-519: The faculty realized that there were no textbooks suitable for a graduate program in business. Their first solution to this problem involved interviewing leading practitioners of business and writing detailed accounts of what these managers were doing, based partly on the case method already in use at Harvard Law School . Of course, the professors could not present these cases as practices to be emulated, because there were no criteria available for determining what would succeed and what would not succeed. So

3850-669: The impact they make on students, employers and the wider community and society, in terms of ethics and responsible management practices. Triple accreditation is used to indicate that a school has been accredited by these three bodies: AACSB, AMBA, and EQUIS. About 1% of business schools are triple-accredited. Each year, organizations and publications such as Bloomberg Businessweek (US), Corporate Knights (Canada), Eduniversal (France), Financial Times (UK) and Quacquarelli Symonds (UK) publish rankings of business schools and MBA programs that, while sometimes controversial in their methodologies, nevertheless can directly influence

3927-484: The incentive and individualism in the learning experience. In addition to teaching students, many business schools run Executive Education programs. These may be either open programs or company-specific programs. Executives may also acquire an MBA title in an Executive MBA program within university of business or from top ranked business schools. Many business schools seek close co-operation with business. There are three main accreditation agencies for business schools in

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4004-559: The level of education pursued, from €183 (US $ 216) per year for undergraduate and up to €388 (US$ 459) for doctorates. Tuition fees in the United Kingdom were introduced in 1998 and are £9,250 annually for undergraduate courses for home students in England, with higher fees for students who are not domiciled in the UK. Postgraduate courses in the UK often have higher fees, and many universities charge

4081-623: The lives of thousands of its students and graduates. He was its assistant director under Schoen, then became The Consortium's director in 1980, upon Schoen's resignation, and served until 1996. In his honor, the award was established to recognize an alumnus who has excelled or demonstrated commitment in areas such as professional achievement; community involvement; mentoring; and the advancement of The Consortium's mission. The award has been given annually since 2004. Wallace Jones died in 1997. The Phyllis Scott Buford Young Visionary Award : Dr. Phyllis Scott Buford, The Consortium's third leader, modernized

4158-454: The longest-tenured corporate advisory board chairman and board member. Thorp had been a staunch supporter and longtime champion in helping The Consortium fulfill its mission of providing the best education possible to underrepresented minorities in pursuit of their MBAs. It has been awarded annually since 2001. Wallace L. Jones Lifetime Achievement Award : Wallace L. Jones contributed many years of dedicated service to The Consortium and touched

4235-608: The management category. Also in 2015, the BBA program ranked second in marketing, third in finance, fourth in international business and productions/operations management, and fifth in accounting. In the 2015 QS Global 200 Business Schools Report , Ross was placed as the eighth-best business school in North America. In 2011, the Masters in Supply Chain program was ranked second in supply chain in

4312-549: The method of delivery for each of these approaches. A study from by Inside Higher Ed and the Babson Survey Research Group shows that there is still disagreement as to the effectiveness of the approaches but the reach and accessibility is proving to be more and more appealing. Liberal arts colleges in the United States like New England College , Wesleyan University , and Bryn Mawr College are now offering complete online degrees in many business curricula despite

4389-413: The mission "to enhance diversity in business education and leadership by helping to reduce the serious underrepresentation of African Americans, Hispanic Americans and Native Americans in both our member schools’ enrollments and the ranks of management." The Consortium is a nonprofit educational organization dedicated to increasing African American, Hispanic American and Native American representation among

4466-489: The number of faculty members exceeded 100. From 1980 to 1989, Whitaker stablished 17 joint-degree programs with other U-M units. In 1982, he announced a $ 15 million fundraising campaign for three new buildings, including a library. The campaign raised $ 17 million, and the buildings opened by 1984. In 1983, the school joined the Consortium for Graduate Study in Management and began offering a Master of Accounting degree. In 1990,

4543-556: The oldest extant classroom building on campus. The original 1894 wing was designed by the Detroit firm Spier & Rohns , and the south wing was designed by Luckenbach / Ziegelman & Partners. The school moved to its current site in 1948. Authorized by the Regents in July 1945, the site was in the northern half of a block surrounded by Monroe Street, Tappan Street, Hill Street, and Haven Street. It

4620-585: The oldest such U.S. venture, earned $ 1 million when Intralase , a U-M spin-off technology company, went public. Founded in 2002 as the Center for Positive Organizational Scholarship, the center's mission is "to inspire and enable leaders to build high-performing organizations that bring out the best in people". It researches topics such as positive leadership, meaning and purpose, ethics and virtues, and relationships and culture in an organizational setting. Starting in 2014, it sponsors an annual Positive Business Conference. The Sanger Leadership Center at Michigan Ross

4697-414: The prestige of schools that achieve high scores. Academic research is also considered to be an important feature and popular way to gauge the prestige of business schools. Business schools share the common purpose of developing global managerial talent and to this end, business schools are encouraged to accelerate global engagement strategies on the foundations of collaboration and innovation. In Europe,

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4774-608: The professors instructed their students to read the cases and to come to class prepared to discuss the cases and to offer recommendations for appropriate courses of action. The basic outlines of this method still operate in business-school curricula as of 2016 . In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research , management information systems , statistics , organizational behavior, modeling and simulation , and decision science . The leading institution in this method

4851-475: The program, the MBA programs can award merit-based, full-tuition Consortium fellowships to the students. The recruiting season culminates with The Consortium's annual Orientation Program & Career Forum , a gathering of 1,200 MBA prospects, university representatives, corporate partner representatives and alumni for an intensive five-day conference of preparatory events, networking opportunities, job interviews and socializing. In 2015, The Consortium recruited

4928-901: The ranks of leading MBA programs and corporations throughout the United States. The staff and the organization's headquarters are in Chesterfield, Missouri . Oversight comes by way of a 23-member board of trustees, which is composed of representatives of its member schools, alumni and corporate partners. The Consortium celebrated its 50th anniversary in the 2015-2016 fiscal year. The organization works with its 20 member schools and their full-time MBA programs to recruit potential MBA students who are African American, Hispanic American, Native American, or who share The Consortium's commitment to principles of diversity and inclusiveness in corporate management. Potential Consortium fellows can apply for up to six participating MBA programs through The Consortium and rank their preferred MBA programs. If they are admitted to

5005-535: The school introduced the Public Utility Executive Program, its first stand-alone, non-degree program for continuing education of business executives. In 1960, Floyd Bond became the school's fourth dean. The same year, the school launched its first international joint venture in Taiwan and Bond appointed a committee to better integrate global business into the school's curriculum. In 1966, Bond established

5082-408: The school of $ 100 million. The second gift was used for facilities upgrades, including high-tech classrooms, a new career services space, and additional areas for practical research; as well as student scholarships. KPF designed this second phase, as well, including the new-construction Blau Hall, renovated Kresge Hall, and recladded Wyly Hall. In September 2017, Ross donated an additional $ 50 million to

5159-511: The school received a federal grant to establish a Center for International Business Education. In 1990, B. Joseph White became the school's sixth dean. In 1991, White and Associate Dean Paul Danos introduced a major MBA curriculum overhaul by initiating the Multidisciplinary Action Project (MAP), a full-time, seven-week project that allowed teams of students to work on real-world business challenges for sponsor companies. After

5236-525: The school's eighth and first female dean. In 2012, the Executive MBA Program was expanded to a second campus in Los Angeles . In 2013, Stephen M. Ross made a second $ 100 million gift as a part of a larger fundraising effort; the gift aimed "to help complete the vision of a unified business school complex, including one new building, one fully renovated building, and other improvements". The same year,

5313-416: The school. The William Davidson Institute (WDI) is a not-for-profit, independent, research and educational institute that was created in 1992 when Guardian Industries made a 20-year financial commitment to establish an institute at the University of Michigan Business School. The institute was named for Guardian Industries' chairman, president and CEO William Davidson . WDI supports international activity at

5390-497: The second largest donation ever to a U.S. business school and the largest gift to the university in its history. In recognition, the Board of Regents met in special session on September 9, 2004, to rename the school the Stephen M. Ross School of Business. New York-based architecture firm Kohn Pedersen Fox (KPF) designed the 270,000-square-foot building. In 2013, Ross announced a second gift to

5467-543: The summer before the 1967–68 school year. At The Consortium's annual Orientation Program (or, "OP," as students and alumni refer to it), the organization recognizes individuals who particularly have embodied its principles established by four key members in its history, who have the following awards named for them: The Sterling H. Schoen Achievement Award : Established in honor of The Consortium's founder, Dr. Sterling H. Schoen, an agent for change in graduate management education in partnership with American businesses. The award

5544-464: Was first awarded in 2017 . Two years after Washington University in St. Louis , Indiana University , and the University of Wisconsin joined to create The Consortium, the University of Rochester the University of Southern California also joined. In 1970, The Consortium opened its membership to include women, Hispanic Americans and Native Americans. This sparked growth in the number of member students and corporate and university partners. In 2004,

5621-404: Was founded in 1924; it offered a two-year Master of Business Administration after three years of general studies. There were 14 faculty members, including one of the first women to be part of a business school. In 1925, the Bureau of Business Research was founded to facilitate and coordinate faculty research, and publish research monographs and case studies. In 1926 after serving three years, Day

5698-538: Was founded in 2007. Created in 1996 by a donation from Frederick A. Erb (BBA '47) and his wife Barbara, the Erb Institute for Global Sustainable Enterprise is a partnership between the Stephen M. Ross School of Business and the School for Environment and Sustainability (SEAS) to provide education and opportunities for research into business sustainability. The Erb Institute's Dual-Degree MBA/MS Program, in which students earn

5775-576: Was named for a gift by Steve and Karen Sanger in 2015, The center offers leadership development programming for all University of Michigan students. Its signature initiatives open to U-M students include the Leadership Crisis Challenge, Impact Challenge, Story Lab, and Legacy Lab. Sanger uses leadership development theories and tools developed at Michigan Ross, such as the Michigan Model of Leadership. Ross School of Business students publish

5852-452: Was purchased at the time construction was begun. Ten private dwellings were demolished for to make way for the construction, which began in August 1946. The business school was the first skyscraper on campus and was designed by architects Lee and Kenneth C. Black, of Lansing, Michigan. New York City real estate developer Stephen M. Ross (BBA '62) gave a gift of $ 100 million to the business school,

5929-415: Was replaced as dean by Clare Griffin, who initially came to the university to teach marketing. The same year, faculty member William Andrew Paton founded The Accounting Review . In 1935, the school began offering a PhD in Business Administration. In 1938, the first evening Master of Business Administration (MBA) classes were offered. In 1940, school enrollment reached 200 students. Between 1942 and 1943,

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