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Rutgers Business School – Newark and New Brunswick

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Coordinates: 40°31′32″N 74°26′18″W / 40.52552°N 74.43821°W / 40.52552; -74.43821
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Not to be confused with Rutgers School of Business – Camden.

Rutgers Business School
MottoSol iustitiae et occidentem illustra.
Motto in English
Sun of righteousness, shine upon the West also.
TypePublic business school
Established1929; 95 years ago (1929)
DeanLei Lei
Academic staff
212
Students9,813
Undergraduates7,403
Postgraduates2,410
140
Location
Newark and New Brunswick
,
New Jersey
,
United States
CampusUrban/suburban
AffiliationsRutgers University
Websitebusiness.rutgers.edu

Rutgers Business School – Newark and New Brunswick (also known as the Rutgers Business School, or RBS) is the graduate and undergraduate business school located on the Newark and New Brunswick campuses of Rutgers University. It was founded in 1929. It operated under several different names (the undergraduate Rutgers School of Business in New Brunswick and the Rutgers Graduate School of Management in Newark) before consolidating into Rutgers Business School. (The Rutgers School of Business in Camden remained a separate business school under the Rutgers University umbrella but was not part of the Newark/New Brunswick consolidation.)

Rutgers Business School offers bachelor's, master's, and Ph.D. degrees.

Facilities

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Rutgers Business School, Newark reflecting the city in the glass front.

In 2009 RBS opened a new facility in the first 11 stories of downtown Newark's One Washington Park office building that is home to the full-time and Executive MBA programs, the MQF program, and the Newark undergraduate program. 1 Washington Park is centrally located near highways and public transportation, notably Newark Broad Street Station, where there is service on New Jersey Transit Morris and Essex and Montclair-Boonton Lines (including Midtown Direct service to New York Penn Station) and Newark Light Rail service to Newark Penn Station. The Washington Park light rail station is also adjacent to the school.

Rutgers facilities in One Washington Park include classrooms, lecture halls, conference rooms, student and faculty lounges, offices, and a University Police substation. The new 3 story RBS entrance atrium features lecture halls, a trading floor, student lounge and study spaces, a rooftop garden, and the Bove Auditorium. One Park Bistro in the lobby of the building is owned by the university and operated by the university's contracted Aramark food service but is open to all tenants with a building ID. In 2011, it was announced the Rutgers–Newark campus would further expand around Washington Park, converting the former American Insurance Company Building into graduate student housing.[1][2]

Rutgers Business School, New Brunswick, on the Livingston Campus. New glass and steel building at nightfall.

In 2011 RBS broke ground on a new school building located on the New Brunswick/Livingston Campus. This new building, which opened in September, 2013, is the focal point for the New Brunswick undergraduate program. Previously, in New Brunswick, RBS shared the Janice H. Levin Building with the School of Labor and Management Relations and Beck Hall with the School of Arts and Sciences on the Livingston Campus.

RBS also has facilities in Morristown Plaza in Morristown, New Jersey, Basking Ridge Country Club in Basking Ridge, Washington Street in Jersey City, and Robinson Road in Singapore. MBA programs were also previously offered in Beijing and Shanghai.

Accreditation and rankings

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Business School
International Rankings
U.S. MBA Ranking
Bloomberg (2024)[3]44
One Washington Park as seen from Newark Broad Street station

RBS is accredited by the Association to Advance Collegiate Schools of Business (AACSB)[4] as well as the Accreditation Council for Pharmacy Education [5] while Rutgers University as a whole is accredited by the Middle States Association of Colleges and Schools.[6]

RBS is ranked by US News #44 in Best Business Schools and 28th in Part-time MBA nationwide.[7]

For the 2024-2025 school year, Bloomberg ranked Rutgers Business School #59 in the nation.[8]

In April 2022, a lawsuit accused RBS of creating fake jobs for graduates to boost MBA program rankings.[9][10] The lawsuit was expanded into a class-action lawsuit.[11][12] The lawsuits were dismissed in Federal Court in September 2023.[13]

Research centers

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  • Blanche & Irwin Lerner Center for Pharmaceutical Management Studies
    • Mahmud Hassan, director
  • Center for Governmental Accounting Education & Research
    • Robert H. Werner, director
    • Yaw M. Mensah, research director
  • Institute for Ethical Leadership
    • James Abruzzo, co-director
    • Alex Plinio, co-director
  • Center for Research in Regulated Industries
    • Michael A. Crew, director
  • Center for Supply Chain Management
    • Lei Lei, director
  • East Asian Business Center
    • John Cantwell, director
    • Peter R. Gillett, academic director
  • Rutgers Accounting Research Center
    • Miklos Vasarhelyi, director
  • Technology Management Research Center
    • George F. Farris, director
  • Whitcomb Center for Research in Financial Services
    • Ivan E. Brick and Michael S. Long, co-directors

In April 2017, Rutgers Business School accepted $1 million from IFlytek to create a big data research laboratory.[14] The same company was later placed on a Bureau of Industry and Security blacklist for allegedly enabling human rights abuses in Xinjiang with its technology.[15]

Notable alumni

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See also

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References

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  1. ^ "Neo-Classical Rutgers Building Will Become Graduate Student Housing". Studenthousingbusiness.com. February 20, 2012. Archived from the original on June 30, 2013. Retrieved March 28, 2012.
  2. ^ Corbett, Nic (February 15, 2012), "Rutgers to move forward with $71M Newark high-rise renovation", The Star-Ledger, archived from the original on April 1, 2012, retrieved March 27, 2012
  3. ^ "Best B-Schools". Bloomberg Businessweek.
  4. ^ "Accreditation | Rutgers Business School-Newark and New Brunswick". Business.rutgers.edu. Archived from the original on February 9, 2011. Retrieved May 19, 2019.
  5. ^ 8:00AM - 5:00PM. "Pharmaceutical Management Executive Certificate Program | Rutgers Business School-Newark and New Brunswick". Business.rutgers.edu. Archived from the original on February 9, 2011. Retrieved May 19, 2019.{{cite web}}: CS1 maint: numeric names: authors list (link)
  6. ^ "Accreditation at Rutgers". Archived from the original on April 23, 2012. Retrieved December 10, 2012.
  7. ^ "Rutgers University--Newark and New Brunswick - Best Business Schools". US News. August 15, 2022. Retrieved July 7, 2023.
  8. ^ "Best Business School Rankings 2024-25: Rutgers". Bloomberg Business.
  9. ^ Sherman, Ted (April 8, 2022). "Rutgers created fake jobs for graduates to boost MBA program rankings, lawsuit charges". NJ Advance Media. Retrieved May 7, 2022.
  10. ^ Snyder, Susan; McCoy, Craig R. (April 22, 2022). "Rutgers business school accused of rankings fraud, hiring own grads in temp jobs to boost its scores". The Inquirer. Retrieved May 7, 2022.
  11. ^ "Class Action: Rutgers Business School Reported False Data To Increase Rankings". McOmber McOmber & Luber (Press release). April 12, 2022. Retrieved May 7, 2022.
  12. ^ Burns, P. Kenneth (April 16, 2022). "Suit alleges improper boost to job placement numbers at Rutgers Business School". WHYY. Retrieved May 7, 2022.
  13. ^ "U.S. District Court Dismisses Whistleblower's Claim That Rutgers Created Fake Jobs For Graduates To Raise Business School Ranking". Retrieved March 15, 2024.
  14. ^ Harney, Alexandra (June 13, 2019). "Risky partner: Top U.S. universities took funds from Chinese firm tied to Xinjiang security". Reuters. Archived from the original on November 9, 2019. Retrieved November 9, 2019.
  15. ^ "US sanctions 8 China tech companies over role in Xinjiang abuses". The Nikkei. Reuters. October 8, 2019. Archived from the original on November 9, 2019. Retrieved November 9, 2019.
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40°31′32″N 74°26′18″W / 40.52552°N 74.43821°W / 40.52552; -74.43821

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