Carey Business School

From Wikipedia, the free encyclopedia
Jump to: navigation, search
The Johns Hopkins
Carey Business School
Johns Hopkins University's Academic Seal.png
Established 2007
Type Private
Endowment more than $100 million
Dean Bernard T. Ferrari
Academic staff 66 full-time, Approx. 200 part-time[1]
Undergraduates 83[1]
Postgraduates 567 full-time, 1,016 part-time[1]
Location Baltimore, MD, USA
Campus Urban
Slogan Where business is taught with humanity in mind
Affiliations Johns Hopkins University
Website Carey Business School
Carey Business School Logo

The Johns Hopkins Carey Business School, also referred to as Carey Business School or JHUCarey or simply Carey, is the business school of the Johns Hopkins University in Baltimore, Maryland. As "the newest school in America's first research university,"[2] it distinguishes itself from traditional business schools in that "business is taught with humanity in mind."[3][4] The school offers full-time and part-time MBA degrees, master of science degrees, a bachelor of science degree, several joint degrees with other Johns Hopkins schools, and a variety of graduate certificates as well. cites the Carey Business School's Global MBA program as one of the 10 most innovative business school curriculums.[5]


The origins of the school can be traced back to 1909, when the "College Courses for Teachers" school was created at Hopkins. In 1925 the school changed its name to "College for Teachers", then adopted the name "McCoy College" in 1947 as it welcomed into its classrooms many World War II veterans studying on the G.I. Bill. In 1965, the school's name changed again, to "Evening College and Summer Session", until 1983, when it became known as the School of Continuing Studies. Then, in 1999, in order to more clearly reflect its two remaining major divisions, the school was renamed as the School of Professional Studies in Business and Education (SPSBE). Throughout all of these iterations, the central objective of serving the educational needs of working professionals, allowing them to complete degrees while maintaining careers, held true. Over the years, the school evolved from a teacher’s college to one of nine major schools within the university, housing the majority of Hopkins' part-time academic programs. On January 1, 2007, SPSBE separated into two new schools—the Johns Hopkins University Carey Business School and the Johns Hopkins University School of Education.[6]

This split was engendered by the late philanthropist William P. Carey's announcement on December 5, 2006 of his gift of $50 million to Johns Hopkins through his W. P. Carey Foundation, to create a freestanding business school at the university. The gift remains the largest to Hopkins in support of business education to date. The school is named in honor of Wm. Polk Carey's great-great-great-grandfather, James Carey, an 18th- and 19th-century Baltimore shipper, chairman of the Bank of Maryland, a member of Baltimore's first City Council, and a relative of university founder Johns Hopkins.[7]

The current dean of Carey Business School is Bernard T. Ferrari.[8]


In August 2010, the Carey Business School launched its signature full-time Global MBA Program designed to "reinvent" the traditional approach to MBA education and embody the school's mission of "Teaching Business with Humanity in Mind."[9] Since then, the Executive MBA for Advancing Professionals and the Weekend MBA for Emerging Leaders (both part-time programs) have been added, joining the part-time Flexible MBA and a full-time Master of Science in Real Estate program (which also offers a part-time option). The school also offers part-time Master of Science degrees in Finance, Marketing, and Information Systems, in addition to graduate certificates in Business of Medicine, Business of Nursing, Competitive Intelligence, Financial Management, and Investments.

The school counts as one of its major strengths its developing partnerships and collaborations with other Johns Hopkins schools, including the School of Medicine and Bloomberg School of Public Health, plus the Johns Hopkins School of Nursing, Whiting School of Engineering, and Zanvyl Krieger School of Arts and Sciences. From these partnerships have come a number of joint-degree MBA programs, including the MBA/MS in Nursing, the MBA/MS in Biotechnology, the MBA/MA in Government, and the MBA/MA in Communication. Also available from the school and administered jointly with the School of Medicine is the MBA in Medical Services Management; and, with the Bloomberg School of Public Health and on a full-time basis, the MBA/Master of Public Health. In 2012, Carey began offering a MBA/MA in Design Leadership, in collaboration with the Maryland Institute College of Art.[10] A Bachelor of Science in Business undergraduate completion degree also is offered, with a full-time option starting fall 2012 in Washington, D.C.

The Carey Business School continues to undergo significant institutional development, hiring additional full-time faculty and exploring new course and program offerings.[11] The school is making steady progress toward gaining Association to Advance Collegiate Schools of Business (AACSB) accreditation in its goal to ascend the ranks of top-tier business institutions. From the outset, the school has been fully accredited by the Middle States Commission on Higher Education.


The Carey Business School's flagship program is the full-time Global MBA, which draws upon the core strengths of the university in health care while offering innovative class formats and learning experiences. Included in the curriculum are:

  • Discovery to Market (also known as "D2M"): groups of students are paired with inventors through the Johns Hopkins' Technology Transfer office to assess the commercial feasibility of new discoveries.[12][13]
  • Innovation for Humanity (also known as "I4H"): a semester-long program in sustainable business which pairs groups of students with entrepreneurs in developing countries. This includes a three-week-long international residency.[14]
  • Co-taught classes during the first semester: core business disciplines are taught by two professors at once. For example, rather than offer two introductory classes in finance and accounting, the Global MBA includes a class called Financial Resources, which combines Basic Accounting with Managerial Accounting, Corporate Finance, and Investments.

The Carey Business School also offers distinctive Master of Science degrees that cover several specialities in innovative formats. These programs are geared toward part-time study; however, any student may pursue a full-time course of study in the master's programs. Master's students also have the option of earning an MBA in only 36 additional credits.


Legg Mason Tower, the home campus of the Johns Hopkins Carey Business School

The school has several campus locations in the Baltimore-Washington, D.C. corridor, including:


Due to its nature as a recently founded school, the Hopkins Carey Business School has not yet been deemed eligible for consideration in many of the major ranking systems, however the school is included in the rankings of some organizations. In 2013, the Eduniversal Business School Palm League Rankings deemed the Carey Business School as being the 5th ranked institution nationally in its 4 Palms of Excellence category, which is reserved for "top business schools with significant international influence."[15]

Most recently, the Best-Masters 2013-2014 Eduniversal World Masters Rankings have placed the Carey Business School M.S. in Marketing degree at No. 17, the M.B.A. in Medical Services Management at No. 36, the M.S. in Information Systems at No. 14, and the M.S. in Real Estate at No. 28 respectively.[16]

In 2012, the QS Global 200 Business Schools Report,[17] released annually by Quacquarelli Symonds based on major global employers' votes, ranked the Carey Business School No. 45, up from No. 52 in 2011.[18] The same report ranked Carey No. 29 in the world for Corporate Social Responsibility. The report classified Carey as an "elite regional business school," meaning that it is among one of the "younger institutions that, having established an excellent reputation among employers within their region, will be looking to establish their brand as one with a truly global reach."


Carey publishes the ONE Magazine targeting its alumni, students, faculty, and staff. The magazine won a bronze award from the Council for Advancement and Support of Education (CASE) in the category of "College and University General Interest Magazines: Circulation Less than 29,999" in 2011. In April 2014, Carey launched Changing Business, a biannual magazine highlighting faculty research.

Executives in Residence[edit]



Notable faculty[edit]

Dean Years
1 Yash Gupta (2008–2011) [19]
Interim Phillip Phan (2011–2012)
2 Bernard T. Ferrari (2012–Present)
  • Federico Bandi - Professor of Economics and Finance[20]
  • Gordon M. Bodnar - Professor of International Finance
  • Dipankar Chakravarti - Professor of Marketing
  • Maqbool Dada - Professor of Operations Management
  • Kevin Frick - Professor and Vice Dean for Education; Health Economist
  • Jim Kyung-Soo Liew - Assistant Professor of Finance
  • Peter Pronovost - Professor of Healthcare Management
  • Louise Schiavone - Senior Lecturer of Business Communications, CNN and NPR Correspondent[21]
  • Kathleen M. Sutcliffe - Bloomberg Distinguished Professor; Former Professor of Management at University of Michigan, Ross School of Business; a key contributor to the theory of high reliability organization

Notable alumni[edit]

  • Bagrat Bayburtian (MBA) - Vice President of Product Solutions, CoreLogic (NYSECLGX)
  • Matthew E. Bershadker (MBA) - President and CEO, American Society for the Prevention of Cruelty to Animals
  • Edward Bessman (MBA '11) - Chairman and Clinical Director, Department of Emergency Medicine, Johns Hopkins Bayview Medical Center
  • Mara Bolis (MBA) - Leader of Women in Small Enterprise ("WISE") initiative at Oxfam
  • Sharonne Bonardi (MBA) Director of Compliance at Comptroller of Maryland
  • Joel B. Braunstein (MBA '04) - CEO, Lifetech Research; co-founder, Tivorsan Pharmaceuticals
  • Arthur Brown (MBA) - Senior Foreign Service Officer, United States Agency for International Development (USAID).
  • Abid Butt (MS Real Estate) - CEO, Banyan Tree Hotels & Resorts
  • Paul Christo (MBA) - Professor at Johns Hopkins University School of Medicine; one of America's foremost experts on relieving pain[22]
  • Paul Colombani (MBA) - Chairman, Pediatric Surgery, All Children's Hospital; Robert Garrett Professor of Pediatric Surgery and Professor of Surgery, Oncology and Pediatrics, Johns Hopkins University School of Medicine
  • Michael Denning (MBA) - General Manager of Security, CA Technologies
  • Susanne Dieper (MBA) - Director of Administration and Grants Management, American Institute for Contemporary German Studies
  • Pam Feinstein (MBA) - Chair, A Wider Circle
  • Kulleni Gebreyes (MBA '10) - Director, PricewaterhouseCoopers's Advisory Services
  • Gautam Gulati (MBA '08) - Chief Medical Officer and SVP Product Management, Physicians Interactive Holdings
  • Jeffrey N. Hausfeld (MBA '05) - President, Memory Care Communities of Illinois LLC; Cofounding Member and Treasurer, The Society of Physician Entrepreneurs
  • William Hawkins (MBA) - Former Chairman and CEO, Medtronic[23]
  • Andre Heinz (MS, Strategic Human Resources & Organization Development) - Chief Human Resource Officer, Siemens AG
  • Barry Howard (MBA) - Chief Financial Officer, World Relief
  • Karen Horting (MBA) - Executive Director and CEO, The Society of Women Engineers
  • Douglas Jabs (MBA '98) - CEO of the Mount Sinai Faculty Practice Associates,[24] Dean for Clinical Affairs; Professor and Chair of the Department of Ophthalmology and Professor of Medicine of The Mount Sinai School of Medicine in New York City
  • Andrew Klein (MBA '02) - Esther and Mark Schulman Chair in Surgery and Transplant Medicine, Director of the Comprehensive Transplant Center, Professor and Vice Chairman of the Department of Surgery at Cedars-Sinai Medical Center
  • Joao Lima (MBA '90) - Professor in the Departments of Medicine, Radiology and Epidemiology of the Johns Hopkins University
  • Soheyla Mahmoudi (MBA) - Senior Operations Officer for the African Diaspora Program, Office of the Africa Regional Vice President at the World Bank
  • Brian Mason (MBA) - Vice President of Operations, Small Business Insurance Agency, Inc. (SBIA)
  • Shannon Maynard (MBA) - Vice President, Chief Talent and Knowledge Officer, Grameen Foundation
  • Alexandra McKeown (MBA) - Associate Vice Provost for Research Administration, Johns Hopkins University
  • Douglas Murray (MBA '98) - CEO, Big Switch Networks
  • Michele T. Nanna (MBA, International Marketing) - Senior Vice President of Business Development, Delon Hampton and Associates
  • David G. Nichols (MBA) - Vice Dean for Education, Johns Hopkins University School of Medicine
  • Fabrizio Opertii (MBA) - Chief of Trade and Investment, Inter-American Development Bank
  • Stephen D. Parker M.D. (MBA 2000) - Chairman, Washington Hospital Center
  • Karen Peetz (MS ’81) - President, BNY Mellon; No.1 among "The Most Powerful Women in Banking"[25][26]
  • Cecile K. Perich (MBA) - Senior Vice President, McCormick & Company (NYSEMKC)
  • Michael Perkinson (MS in Finance) - Chief of Staff to Chief Investment Officer at Guggenheim Partners
  • Matthew Poffenroth (MBA '07) - Chief of Medical Specialties and Director of Clinical Integration, Johns Hopkins Community Physicians; Medical Director for the Johns Hopkins Medicine Alliance for Patients, and Accountable Care Organization
  • Cuong Quach (MBA) - Director, IT Operations and Project Management, McDermott Will & Emery
  • Selena Rezvani (MBA) Author of The Next Generation of Women Leaders: What You Need to Lead but Won’t Learn in Business School
  • Cavan Redmond (Carey 1987) - CEO of WebMD
  • David A.A. Ross (MBA) - Global Head of Marketing, Viteos
  • Leslie Sanchez (MBA) - Arthor of Los Republicanos: Why Hispanics and Republicans Need Each Other
  • Christopher T. Schaper (MBA) - President, Montpelier Reinsurance Ltd (NYSEMRH)
  • David Schiappa (MS) - Former Republican Secretary, US Senate; Vice President at The Duberstein Group
  • Tarek H. Selim (MBA '01) - Chair and Professor, Department of Economics, School of Business, at the American University in Cairo
  • Laurence Shanet (Advanced Studies Certificate in Marketing Communications) - Director
  • Hassan A. Tetteh (MBA '11) - Commander, Medical Corps; Assistant Professor of Surgery, Department of Cardiothoracic Surgery, U.S. Navy
  • Ron Ticker (MBA '04) - Aerospace Program Executive, NASA
  • Kelly Keenan Trumpbour (MBA) - Founder, See Jane Invest; Co-Producer, She Started It
  • Robert Udelsman[27] (MBA '00) - William H. Carmalt Professor of Surgery, Yale University; Chair, Department of Surgery, Yale University; Surgeon-in-Chief, Yale-New Haven Hospital; Clinical Program Leader, Endocrine Cancers Program, Smilow Cancer Hospital; Chairman of the Board, Yale Medical Group
  • Craig Valentine (MBA) - author of The Nuts and Bolts of Public Speaking, Co-Author of World Class Speaking
  • Judith A. Vessey[28] (MBA) - Lelia Holden Carroll Chair in Nursing, Boston College

See also[edit]


  1. ^ a b c "The Carey Business School: Early Success, New Challenges, What's Next". Johns Hopkins University. September 17, 2013. Retrieved 2013-10-13. 
  2. ^ "The Johns Hopkins Carey Business School, Johns Hopkins University". Retrieved 10 October 2013. 
  3. ^ Byrne, John. "The Anti-MBA Business School: Johns Hopkins". Retrieved 10 October 2013. 
  4. ^ Murrary, Sarah (28 January 2008). "Not following number one". Financial Times. Retrieved 10 October 2013. 
  5. ^ Stanley, Terra (9 August 2010). "The 10 Most Innovative Business School Courses". Retrieved 10 October 2013. 
  6. ^ "Johns Hopkins Launches New Schools of Business, Education". Johns Hopkins University Office of News and Information. 2006. Retrieved 2006-12-06. 
  7. ^ Hevesi, Dennis (8 January 2012). "William P. Carey, Leader in Commercial Real Estate, Dies at 81". The New York Times. Retrieved 10 October 2013. 
  8. ^ Korn, Melissa (5 December 2012). "Big Test at Johns Hopkins: Dean Bring Skills of M.D. and M.B.A. to Bear as New B-School Defines Mission". The Wall Street Journal. Retrieved 10 October 2013. 
  9. ^ Gupta, Yash (17 June 2010). "A Business School Model". The New York Times. Retrieved 10 October 2013. 
  10. ^ Wecker, Menachem (14 November 2011). "No Art Background Necessary for Innovation-Focused Design M.B.A.'s". Retrieved 10 October 2013. 
  11. ^ Ferrari, Bernard (17 September 2013). The Carey Business Scool: Early Success, New Challenges, What's Next (Speech). The Johns Hopkins Carey Business School 2013 State of the School Speech. Baltimore, MD. Retrieved 10 October 2013. 
  12. ^ Ercolano, Patrick (2013). "But Will It Sell?". ONE Magazine (Spring/Summer). Retrieved 15 October 2013. 
  13. ^ "Hands-on Learning: MBA Students Put Their Emerging Skills to Work to Support Real-World Businesses and Innovations". The Washington Post. Retrieved 6 Nov 2013. 
  14. ^ "Carey Business School’s ‘Innovation for Humanity’ Course Wins Sustainability Award from Johns Hopkins". Johns Hopkins University News Release. April 12, 2013. Retrieved 15 October 2013. 
  15. ^ "Eduniversal Business School Rankings in USA, 2013". Eduniversal. Retrieved 08/17/14. 
  16. ^ "Best-Masters 2013-2014 Eduniversal World Masters Rankings". Best Masters. 
  17. ^ "QS Global 200 Business Schools Report 2012/2013". QS Quacquarelli Symonds Ltd. 2012. Retrieved 10 October 2013. 
  18. ^ "QS Global 200 Business Schools Report 2012". QS Quacquarelli Symonds Ltd. 2011. Retrieved 10 October 2013. 
  19. ^ Rienzi, Greg (17 May 2010). "Dean Yash Gupta of the Carey Business School: Carey School’s dean talks about reinventing the education model". The JHU Gazette. Retrieved 13 October 2013. 
  20. ^ Robbins, Hollis (2013). "Hollis Interviews: ... Federico Bandi". Johns Hopkins Magazine (Summer). Retrieved 13 October 2013. 
  21. ^ "Louise Schiavone". TV Guide. Retrieved 14 October 2013. 
  22. ^ "Lisa Niemi Swayze to Appear on SiriusXM Radio's Aches and Gains with Dr. Paul Christo - The Business Journals". 2014-02-11. Retrieved 2014-07-25. 
  23. ^ "William A. Hawkins,III". Retrieved 2014-07-05. 
  24. ^ "About Us - Mount Sinai Doctors Faculty Practice". Retrieved 2014-07-25. 
  25. ^ "The Most Powerful Women in Banking". September 26, 2011. Retrieved July 23, 2014. 
  26. ^ "Karen Peetz, BNY Mellon president, to speak at Carey Business School on Feb. 1". 25 January 2013. Retrieved 18 November 2013. 
  27. ^ "Robert Udelsman, MD, MBA, FACS, FACE > Thyroid Center | Pediatrics | Yale School of Medicine". 2012-12-12. Retrieved 2014-07-25. 
  28. ^ "Judith A. Vessey, PhD, CRNP, MBA, FAAN - Connell School of Nursing - Boston College". Retrieved 2014-07-25. 

External links[edit]

Coordinates: 39°16′57″N 76°36′7″W / 39.28250°N 76.60194°W / 39.28250; -76.60194