Olin Business School

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Olin Business School at Washington University in St. Louis
Motto Creating knowledge... Inspiring individuals... Transforming business.
Established 1917
Type Private
Endowment $249 million[1]
Dean Mahendra Gupta
Academic staff 127
Undergraduates 763
Postgraduates 1,185
Location St. Louis, Missouri, USA
38°38′53″N 90°18′42″W / 38.64810°N 90.31162°W / 38.64810; -90.31162Coordinates: 38°38′53″N 90°18′42″W / 38.64810°N 90.31162°W / 38.64810; -90.31162
Website http://www.olin.wustl.edu
The Knight Executive Education Center is a part of the Olin Business School.

The Olin Business School is one of seven academic schools at Washington University in St. Louis. Founded in 1917, the business school was renamed for entrepreneur John M. Olin in 1988. The school offers BSBA, Master of Business Administration (MBA), MS in Supply Chain Management, MS in Finance, Masters in Accounting, MS in Leadership, Executive MBA, Doctor of Business in Finance (DBA) and PhD degrees. In 2002, an Executive MBA program was established in Shanghai, in cooperation with Fudan University.

Olin has been consistently ranked among the world's top business schools by the Wall Street Journal, US News & World Report, the Financial Times, BusinessWeek and the Economist. In 2010, the Wall Street Journal ranked the Executive MBA program 2nd in the world. In the 2014 edition, US News ranked the full-time MBA program 21st in the United States and the part-time MBA program 16th[2] while BusinessWeek ranked the undergraduate program 4th.[3] For news and perspectives from the Olin community, visit the Olin Blog.

The Olin Business School includes the 80,000 sq ft (7,400 m2) Simon Hall, whose 1986 construction was largely funded by a gift from John E. Simon; and the Charles F. Knight Executive Education Center on the Danforth Campus.

Olin has a network of about 19,190 alumni all over the world.[4] In the late 2000s, the business school’s endowment rose to $249 million (2007); annual gifts averaged $12 million per year.

On July 1, 2009, the school took over management of the Brookings Institute's executive management program.[5]

Business School Ranking
U.S. undergraduate business
Bloomberg Businessweek[6] 4
U.S. News & World Report[7] 14
U.S. MBA
Bloomberg Businessweek[8] 31
U.S. News & World Report[9] 21 (full-time)
10 (part-time)
Worldwide MBA
Financial Times[10] 54

Programs[edit]

MBA Program[edit]

Admission at Olin is highly competitive. Olin has four main rounds and after June they have rolling admissions.

Meant to teach critical thinking and leadership, the MBA curriculum requires completion of 66 credit hours, nearly two-thirds of which are elective courses selected by the student. The fall semester of year one focuses on critical thinking, leadership, career strategy, and the major functional areas of business. During the spring semester of year one and throughout year two, students take mostly elective courses of their choosing, often following the guidelines of concentration areas that help students navigate the curriculum toward their career goals. Elective courses include semester-long (3 credit) courses, six week “mini” (1.5 credit) courses, and work-study positions. Olin MBAs can also take up to nine credits of approved coursework from other graduate programs at Washington University.

Full-Time MBA Class Profile[edit]

Class of 2014

  • Class Size: 140
  • Male: 66%
  • Female: 34%
  • International: 33%
  • Underrepresented Minority: 14%
  • Average Age: 28
  • Average Work Experience: 4.7 Years
  • Average GMAT: 698
  • Average Undergraduate GPA: 3.43

[11]

Exchange programs[edit]

MBA students can choose to study one semester at Manchester Business School in the United Kingdom, Hong Kong University of Science & Technology in Hong Kong; Otto Beisheim Graduate School of Management at WHU-Koblenz in Koblenz, Germany; École Management de Lyon (EM Lyon) in Lyon, Paris Dauphine University, France; the Institute for Advanced Studies in Administration (IESA) in Caracas, Venezuela; ESADE (Escuela Superior De Administracion Y Direccion De Empresas) in Barcelona, Spain; or the Indian Institute of Management Calcutta and Ahmedabad (IIM) in India.

Executive Education Program[edit]

The Executive MBA Program in Kansas City

The school's Executive Programs group is in the state-of-the-art Charles F. Knight Executive Education Center on the Danforth Campus. The school also maintains Executive MBA programs in Denver, Kansas City, Missouri (at the Kansas City Club), and Shanghai (at Fudan University).

Doctoral program[edit]

The PhD program emphasizes economics, quantitative methodology, mentoring by faculty, preparing students for careers in scholarship and teaching. There are usually 50 students enrolled in the Ph.D program. A DBA in finance also is offered for individuals pursuing applied research in corporations, banks, government and consulting.[12]

Overall enrollment, 2012[edit]

Program Enrollment
Full-Time MBA 280
BSBA 763
PMBA 338
EMBA- St. Louis 163
EMBA - Shanghai 98
EMBA - Kansas City 36
MS Finance 83
MACC 96
MS/SCM 31
PhD/DBA 57/6

Resources[edit]

Kopolow Business Library[edit]

The Kopolow Business Library offers Dow Jones Interactive, Lexis/Nexis, InfoTrac, and ABI, as well as databases provided by Moody's, Standard & Poor's, Hoover's, and Disclosure. The library also receives real-time stock and other market information through the Bloomberg and Bridge Information systems. It holds around 30,000 books and subscribes to more than 400 business journals, magazines, and newspapers.

Olin Cup[edit]

  • The Olin Cup is an annual event held to promote learning and collaboration leading to the creation of new business ventures. Winners of the competition receive up to $50,000 to help establish a business. (Academic credit is not awarded.) Since 2005, the Competition has also awarded $5,000 to the winning student team. All Washington University students and alumni as well as the local business community may compete, but the final prize goes only to teams with at least one current Washington University student or alumnus. Ventures that are Washington University student-owned (at least 51%) or student-supported are also eligible for the $5,000 student prize.

Research centers[edit]

  • Boeing Center for Technology, Information and Manufacturing discovers, develops, and helps bring to practice world-leading capabilities in technology, information and manufacturing.
  • Center for Finance and Accounting Research is dedicated to the dissemination of cutting-edge research in finance and accounting by encouraging our faculty, students, and companies to work more closely together.
  • The Institute for Innovation and Growth fosters and coordinates Olin research in creativity and innovation.
  • Center for Research in Economics and Strategy supports scientific research employing state-of-the-art analytical or empirical methods.

Notable alumni[edit]

Adventurer and businessman Steve Fossett.

References[edit]

External links[edit]