Georgia Institute of Technology College of Management
| College of Management | |
|---|---|
| Established | 1934 |
| Type | Public |
| Dean | Steve Salbu[1] |
| Undergraduates | 1251[2] |
| Postgraduates | 259[2] |
| Location | Atlanta, Georgia, USA |
| Website | mgt.gatech.edu |
The College of Management (COM) at the Georgia Institute of Technology was established in 1934,[3] and is consistently ranked in the top 30 management programs in the nation.[3]
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[edit] History
Georgia Tech's management program began in 1912 with the creation of a School of Commerce. In 1933 this school was moved to the University of Georgia during the newly created Georgia Board of Regents' decision to consolidate Georgia's system of higher education.[4] It would later become Georgia State University.[5]
To meet the need for management training in technology, an Industrial Management degree was established in 1934, with a master's degree in the subject becoming the first professional management degree offered in the state 11 years later. The Ph.D program began in 1970.
In 1989, the College of Management combined with social sciences, humanities, and economics departments to form the Ivan Allen College of Management, Policy and International Affairs.[6] In 1998, the School of Management was spun back into its own college, leaving the Ivan Allen College of Liberal Arts.[7]
In 1996, Georgia Tech alumnus and restaurateur Thomas E. DuPree, Jr. pledged a $20 million donation to the College of Management, resulting in the college being named the DuPree College of Management in his honor. DuPree's name was removed from the college in 2004 after it became clear that DuPree would not be able to make the prescribed payment schedule.[8] DuPree had recently resigned as board chairman and CEO of Avado Brands, the parent company of several chain restaurants which had recently filed for Chapter 11 bankruptcy. In a carefully worded statement, Georgia Tech President G. Wayne Clough remarked that while DuPree's name would be "reluctantly" removed from the college, "We retain the utmost respect for Tom DuPree and all of his remarkable accomplishments and many philanthropic activities."[9] DuPree had donated over $5 million to the college, funding nearly 200 scholarships, and promised to make good on his pledge in the future; as of 2010[update], however, and the college's name remains simply the Georgia Tech College of Management.
On November 6, 2009, College of Management received a $25 million donation from an anonymous donor. Georgia Tech said $20 million of the sum is a 1-to-1 challenge grant designed to inspire charitable gifts and commitments from other donors. Fundraising for the challenge is expected to conclude no later than June 30, 2012, though pledge payments may extend up to five years from the date of a participating donor’s commitment. The remaining $5 million will provide funds expendable at the discretion of the College of Management Dean Steve Salbu.
[edit] Facilities
Georgia Tech undertook a $180 million building project in Atlanta called Technology Square. This new multi-building complex, home to the College of Management, is a fusion of business, education, research, and retail space. The complex also houses The Global Learning Center, Advanced Technology Development Center, Economic Development Institute, Center for Quality Growth and Regional Development as well as the Georgia Tech Hotel and Conference Center. The facilities are located in Midtown Atlanta next to several major corporate headquarters such as Bellsouth (AT&T), The Coca Cola Company, Turner Broadcasting System Inc. and Earthlink.
The intent of Technology Square is to promote the formation of a high tech business cluster centered around a premier research university. Similar formations have taken place in cities such as Palo Alto and Boston, both nexuses of thriving high-tech corridors.[10]
On November 24, 2006 the College of Management recently dedicated the state of the art, 2,000-square-foot (190 m2) Ferris-Goldsmith Trading Floor. The trading floor will include fifty-four dual-display computers as well as electronic stock information on the walls, training all levels of management students to use financial analysis and electronic trading tools. Management faculty will use the facility to research improved human performance in trading environments as well as the creation of new financial service models.[11] The trading floor houses Tech's Quantitative and Computational Finance program.
[edit] Degrees
[edit] Undergraduate
The College of Management offers a B.S. in Business Administration.[12] U.S. News & World Report currently ranks the undergraduate program as number 28 out of the top 50 ranked programs.[3]
The undergraduate program is ranked 44th in BusinessWeek magazine’s Top 50 list of best undergraduate business programs. Georgia Tech also placed second in the nation for return on investment among public colleges. Among corporate recruiters, Georgia Tech is ranked number 12.[13]
Julian Saul, Former president of Shaw Industries (Class of '62) has mentioned that his ability to manage a full plate of environmental and competitiveness issues is due in large part to his Georgia Tech experience. "The education gets you prepared to the point where virtually nothing is too big for you. I don't think I've ever had anything in business as hard as final exams at Georgia Tech."[14]
[edit] MBA Program
[edit] Reputation & Rankings
Georgia Tech's College of Management rose from 25th to 22nd in U.S. News & World Report's 2009 rankings of the nation's top full-time Master of Business Administration (MBA) programs. The program is also one of the top 10 public MBA programs in the country according to the publication's rankings.[15]
The MBA program has a reputation for having a technical/analytical bent in its curriculum. The College ranked in the top 25 in Computerworld's 2007 ranking of "Techno-MBA" programs (degrees that combine a traditional MBA program with a heavy dose of technology), the Georgia Tech MBA program was ranked in the top 25.[16] Programs in the Computerworld ranking were not assigned a specific numerical order. US News & World Report currently ranks the MBA program for Information Systems at #24.
U.S. News & World Report currently ranks the MBA program for Supply Chain/Logistics at #19 and Production/Operations Management at #14. This is in part due to the leveraging of resources with the Industrial and Systems Engineering program at Georgia Tech. The H. Milton Stewart School of Industrial and Systems Engineering at Tech has had the #1 graduate program in industrial engineering 17 out of the last 18 years as of 2007.[17]
In 2006 a team of first-year MBA students at Georgia Tech won first place in the National Finance Case Competition sponsored by Citigroup's Global Consumer Group and Global Wealth Management Business.[18]
Mimi Wolverton and Larry Edward Penley, in their book Elite MBA Programs at Public Universities: How a Dozen Innovative Schools Are Redefining Business Education , rated the Georgia Tech MBA program as one of the country's most highly rated business programs.[19]
The MBA program has received many other acknowledgments from leading publications, including Business Week (#23 of Top 50 MBA programs), Forbes (#21 of Top 25 MBA Programs Among Public Universities, #45 out of top 50 MBA programs worldwide), The Financial Times (#51 US/#80 International of Full-time International MBA Programs), and The Wall Street Journal (#7 of Top 50 Regional Rankings).[20]
[edit] Format
Georgia Tech's MBA program is a two year degree consisting of one year of required courses and another year of mostly elective courses. Students can choose to focus in accounting, finance, IT management, international business, marketing, operations management, organizational behavior, and strategic management.
The courses listed below provide a general framework for the 54 hours required for an MBA degree. Waivers can be granted and some courses may be taken in alternate semesters, although some classes are only offered once a year. "The 30 hours of elective course work may be satisfied through any combination of 1.5, 2 or 3 hour credit courses. At least 24 hours of electives must be taken in the College of Management. MBA students may take one three-semester hour graduate level independent study or one management graduate level course on a pass/fail basis."[21]
| 1st Semester | 2nd Semester | 3rd Semester | 4th Semester | |||
|---|---|---|---|---|---|---|
| Financial Management | 3 hrs. | Strategic Management | 2 hrs. | Legal Environment & Business Ethics | 3 hrs. | International Management Elective |
| IT Management | 2 hrs. | Integrative Management Experience | 1 hr. | Elective | Elective | |
| Fin. & Managerial Accounting | 3 hrs. | Micro & Macroeconomics | 3 hrs. | Elective | Elective | |
| Leadership and Org. Behavior | 3 hrs. | Marketing Management | 3 hrs. | Elective | Elective | |
| Analytical Tools | 3 hrs. | Operations Management | 3 hrs. | |||
| Business Communications | 1 hrs. | Elective | ||||
| Career Development | Audit |
[edit] Postgraduate
[edit] Notable College of Management Alumni
| Name | Class year | Notability | References |
|---|---|---|---|
| Stephen P. Zelnak Jr. | 1969 | Chief Executive Officer and Chairman of the Board, Martin Marietta Materials | [22] |
| John Salley | 1988 | Four Time NBA Champion ( Detroit Pistons 1989, 1990; Chicago Bulls 1996; Los Angeles Lakers 2000) | [23] |
| Stewart Cink | 1995 | 2009 British Open Champion | [citation needed] |
| James D. Robinson III | 1957 | Former CEO, American Express 1977-1993. | [23] |
| William L. Ball | 1969 | Former Secretary of the Navy | [23] |
| Charles W. Brady | 1957 | Co-Founder, INVESCO (currently AMVESCAP) | [24] |
| Alan J. Lacy | 1975 | Former CEO, Sears Roebuck and Company | [25] |
| Dennis M. Patterson | 1971 | Premier of Northwest Territories, Canada 1987-1991, Corporate Executive Vice President, SunTrust Banks | [23] |
| Robert Milton | 1982 | President and CEO, Air Canada | [23] |
| Greg Owens | 1982 | CEO of Iron Planet, Former chairman and CEO of Manugistics, Private-equity fund manager for Daniel Snyder, Red Zone Capital Partners II | [26] |
| David Garrett | 1955 | Retired Chairman and CEO, Delta Air Lines | [27] |
| Joseph W. Rogers Jr. | 1968 | Chairman Waffle House | [23] |
| Orson George Swindle III | 1959 | Federal Trade Commissioner, 1997-2005 | [28] |
| Derek V. Smith | 1979 | President and CEO, ChoicePoint | [23] |
| J. Leland Strange | 1965 | Chairman, President and CEO, Intelligent Systems Corporation; CEO CoreCard Software | [23] |
| Mike Neal | 1975 | President and CEO, GE Commercial Finance | [23] |
| James R. Lientz | 1965 | Chief Operating Officer State of Georgia | [23] |
| Marcus C. Bennett | 1959 | Former Executive Vice President & CFO, Lockheed Martin Corporation | [23] |
| Jack Guynn | 1970 | Former President and CEO, Federal Reserve Bank of Atlanta | [27] |
| Gary M. Clark | 1957 | Retired President, Westinghouse Electric Corporation | [23] |
| Thomas Fanning | 1980 | Executive VP/CFO/Treasurer, The Southern Company | [27] |
| David W. Dorman | 1975 | Former Chairman and CEO, AT&T Corp | [29] |
| Joel H. Cowan | 1958 | Owner, Habersham & Cowan Inc. | [29] |
| Alvin M. Ferst Jr. | 1943 | President, Real-estate Development and Management-Consulting Company Alvin Ferst Associates Inc. | [29] |
| W. Mansfield Jennings Jr. | 1956 | Chairman, ComSouth Corporation | [29] |
| Joseph W. Evans | 1971 | Chairman and CEO, Flag Financial Corporation | [29] |
| Toney E. Means | 1982 | CEO, Rx Fulfillment Services Inc. | [29] |
| Jere W. Goldsmith, IV | 1956 | First Vice President Investments, Merrill Lynch | [23] |
| J. Michael Robison | 1997 | Chairman and CEO, Lanier Parking Holdings | [29] |
| Neil K. Braverman | 1960 | Entrepreneur, Co-founder Safeskin Corp. | [29] |
[edit] See also
[edit] References
- ^ "Dean's Message". Georgia Tech College of Management. http://mgt.gatech.edu/about_us/dean.html?link=menu. Retrieved 2007-03-24.
- ^ a b "Facts and Figures: Enrollment by College". Office of Institutional Research & Planning. http://www.irp.gatech.edu/apps/Enrollment/college.cfm?TERM=200608&time_status=Total. Retrieved 2007-03-24.
- ^ a b c "About Us – Overview & History". Georgia Tech College of Management. http://mgt.gatech.edu/about_us/overview.html?link=menu. Retrieved 2007-03-24.
- ^ "Underground Degrees". Tech Topics (Georgia Tech Alumni Association). Fall 1997. http://gtalumni.org/StayInformed/techtopics/fall97/degrees.html. Retrieved 2007-03-15.[dead link]
- ^ "History of Georgia State University". Georgia State University Library. 2003-10-06. http://www.library.gsu.edu/spcoll/pages/pages.asp?ldID=105&guideID=549&ID=3670. Retrieved 2007-03-15.
- ^ Joshi, Nikhil (2006-03-10). "Geibelhaus lectures on controversial president". The Technique. Archived from the original on 2006-11-12. http://web.archive.org/web/20061112084534/http://www.nique.net/issues/2006-03-10/focus/4. Retrieved 2007-01-29. "There was controversy in every step. Management fought this, because they were the big losers... Crecine was under fire."
- ^ Ivan Allen College History
- ^ Hagearty, Michael (2004-03-15). "College of Management removes DuPree’s name". The Whistle (Georgia Institute of Technology). http://www.whistle.gatech.edu/archives/04/mar/15/mgt.shtml. Retrieved 2007-11-05.
- ^ "Tech Notes". Georgia Tech Alumni Magazine Online (Georgia Tech Alumni Association). 2004. http://www.gtalumni.org/Publications/magazine/spr04/technotes.html. Retrieved 2007-11-05.
- ^ "Technology Square: The Intersection Of Innovation". Georgia Institute of Technology. http://www.gatech.edu/technology-square/index.php. Retrieved 2007-03-25.
- ^ "College's New High-tech Trading Floor to Prepare Students for Financial Careers". Georgia Tech College of Management. Archived from the original on 2007-03-22. http://web.archive.org/web/20070322103158/http://mgt.gatech.edu/news_room/news/2006/tradingfloor/index.html. Retrieved 2007-03-24.
- ^ a b College of Management Programs
- ^ "Georgia Tech Near Top for Return on Investment in BusinessWeek's Undergrad Rankings". Georgia Tech College of Management. Archived from the original on 2007-03-21. http://web.archive.org/web/20070321051359/http://mgt.gatech.edu/news_room/news/2007/businessweekundergrad/index.html. Retrieved 2007-03-24.
- ^ "Billion Dollar Brands". GTAlumni.org. http://gtalumni.org/Publications/magazine/win04/article2.html. Retrieved 2007-03-24.
- ^ "America's Best Graduate Schools 2008". US News & World Report. http://www.usnews.com/usnews/edu/grad/rankings/mba/brief/mbarank_brief.php. Retrieved 2007-03-31.
- ^ "The top techno-MBA programs". Computerworld. http://www.computerworld.com/careertopics/careers/story/0,10801,64908,00.html. Retrieved 2007-03-25.
- ^ "SCHOOL RANKINGS". H. Milton Stewart School of Industrial and Systems Engineering. http://www.isye.gatech.edu/about/school-rankings/. Retrieved 2007-03-28.
- ^ "Georgia Tech MBA Students Win National Finance Case Competition". Georgia Institute of Technology College of Management. Archived from the original on 2007-02-23. http://web.archive.org/web/20070223035723/http://mgt.gatech.edu/news_room/news/2006/financecase/index.html. Retrieved 2007-03-25.
- ^ Wolverton, Mimi; Lary Edward Penley (2004-11-30). Elite MBA Programs at Public Universities: How a Dozen Innovative Schools Are Redefining Business Education. Praeger Publishers. ISBN 0275978117.
- ^ "MBA Program". Georgia Tech College of Management. http://mgt.gatech.edu/programs/mba.html?link=menu. Retrieved 2007-03-24.
- ^ "Class of 2008 Website". Georgia Tech College of Management. http://mgt.gatech.edu/mba2008/. Retrieved 2007-03-24.[dead link]
- ^ "Board of Directors: Stephen P. Zelnak, Jr". Martin Marietta Materials. http://www.martinmarietta.com/Corporate/bio.asp?ID=1. Retrieved 2007-05-17.
- ^ a b c d e f g h i j k l m "College of Management MBA Program 2005". Georgia Tech College of Management. Archived from the original on 2006-12-09. http://web.archive.org/web/20061209184250/http://mgt.gatech.edu/downloads/2005/2005_mba_viewbook.pdf. Retrieved 2007-03-24.
- ^ "About AMVESCAP". AMVESCAP. http://www.amvescap.com/amvescap/about/about_history.html. Retrieved 2007-03-24.
- ^ "Alan J. Lacy Biography". enotes.com. http://business.enotes.com/international-business-biography/lacy-alan-j. Retrieved 2007-05-17.
- ^ "Snyder Taps Management Stars for His Private Fund". Washington Post. http://www.washingtonpost.com/wp-dyn/content/article/2007/03/05/AR2007030501473.htm. Retrieved 2007-03-24.[dead link]
- ^ a b c Alsop, Ronald J; The Staff of the Wall Street Journal (2003-09-30). The Wall Street Journal Guide to the Top Business Schools 2004. Free Press. ISBN 0-74323-882-6.
- ^ "NNDB". http://www.nndb.com/people/048/000120685/. Retrieved 2007-03-24.
- ^ a b c d e f g h "College of Management Honors Exceptional Alumni". Georgia Tech College of Management. http://www.gatech.edu/news-room/release.php?id=966. Retrieved 2007-03-24.
[edit] External links
Coordinates: 33°46′35″N 84°23′17″W / 33.776270°N 84.388050°W
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