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*[http://www.bus.umich.edu/KresgeLibrary Kresge Business Administration Library (Independent from main University Libraries)]
*[http://www.bus.umich.edu/KresgeLibrary Kresge Business Administration Library (Independent from main University Libraries)]
* [http://www.topmba.com/research/top_100_business_schools/4_top_business_schools/41_north_america/ QS TopMBA: Top 100 Business Schools] North America
* [http://www.topmba.com/research/top_100_business_schools/4_top_business_schools/41_north_america/ QS TopMBA: Top 100 Business Schools] North America
*[http://www.bus.umich.edu/newhome/gallery.htm A gallery of photos of the new home for the Ross School]


{{Big Ten business schools}}
{{Big Ten business schools}}

Revision as of 03:26, 4 January 2009

ROSS SCHOOL OF BUSINESS
MottoLeading in Thought and Action
TypePublic
Established1924
Endowment$325 million (2003)
DeanRobert J. Dolan
Academic staff
222
Undergraduates1,070
Postgraduates1,045
Location
Ann Arbor
,
Michigan
,
USA
CampusSuburban, 10 acres (40,000 m²)
Websitebus.umich.edu

The Ross School of Business is the business school of the University of Michigan in Ann Arbor.

It offers renowned bachelor's, master's, and doctoral degrees, as well as an executive education program. Ross also offers dual degrees with the colleges and schools of urban planning, engineering, medicine, law, education, nursing, information, music, and School of Natural Resources and Environment (SNRE).

Ross is widely considered to be one of the pre-eminent business schools in the world and prides itself in developing strong leaders for the global marketplace through its unique action-based learning approach. Ross has highly ranked BBA, MBA and Executive Education programs. Publications such as U.S. News & World Report, BusinessWeek, The Wall Street Journal, and the Financial Times have consistently ranked both the school's undergraduate and professional programs highly, often as one of the top five in the U.S. In the year 2006 The Wall Street Journal ranked the program #1 overall; in 2008 BusinessWeek ranked the program #5 overall, while U.S. News & World Report ranked its undergraduate program #3 overall.

History

The school was founded in 1924.

Since Robert J. Dolan was named dean in 2001, Ross has attained a more cohesive identity. While the Master of Business Administration (MBA) program has traditionally emphasized practical experience, Dolan made it a central point in the school's effort to market itself to MBA candidates and recruiters. The approach earned the school the #1 ranking in the Wall Street Journal's 2006 and 2004 list of MBA programs (which are based on feedback from employers on which MBA program's students they would be most likely to rehire), #8 in The Economist, #5 in the BusinessWeek, and #11 in the U.S. News & World Report rankings in 2006 (the latter three publications' rankings are based on a variety of criteria including reputation among academics, etc.). The school's BBA program is widely regarded as one of the best in the United States, having ranked within the top three of U.S. News & World Report rankings every year since since the ranking's inception.

The school was renamed in 2004 after alumnus Stephen M. Ross who donated $100 million to the school. At the time of the donation, this was the largest gift ever to an U.S. business school, and the largest ever to the University of Michigan. The school has also raised money for a campus overhaul. It has demolished 180,000 square feet (16,000 m²) of existing building space, and has renovated or added 270,000 square feet (25,000 m²). [1]

Facilities and institutes

Much of the business school is located on the University of Michigan's Central Campus adjacent to the School of Education and Law School. Its buildings are connected with each other, in some cases through skyways. With a major campus overhaul underway, the Executive Education programs are located at the Michigan Information Technology Center (MITC) near the university's Wolverine Tower office building in southern Ann Arbor.

New York City real estate developer Stephen M. Ross (BBA '62) gave a gift of $100 million to the business school, the third largest donation ever to a U.S. business school (after David Booth's $300 million donation to the University of Chicago Booth School of Business and Phil Knight's $105 million donation to the Stanford Graduate School of Business) and the largest gift to the University in its 187-year history. In recognition of the power of the gift to elevate the school’s aspirations and realize its ambitious vision, the Board of Regents met in special session on September 9, 2004, to rename the school the Stephen M. Ross School of Business.

The Kresge Library's collection includes about 145,000 volumes and 3000 journals as well as microfilms, working papers, and company files. The school's John R. and Georgene M. Tozzi Electronic Business and Finance Center has a trading floor classroom that is linked to the New York Stock Exchange.

The William Davidson Institute

The William Davidson Institute (WDI) is a not-for-profit, independent, research and educational institute dedicated to creating, aggregating, and disseminating intellectual capital on business and policy issues in emerging markets. Integrating research, executive education, and practical project-based assistance, WDI generates knowledge and offers unique educational opportunities to individuals as well as indigenous and multinational companies operating in transitional economies. It provides a forum for business leaders and public policy makers to discuss issues affecting the environment in which these companies operate.

The objective of WDI's educational and research programs is to develop knowledge and capability that helps improve the effectiveness of firms and social welfare in these economies. Partnerships are formed with companies, institutions, and individuals around the world who collectively share their knowledge and resources to promote successful economic transition.

WDI was created in 1992 when Guardian Industries Corp., an international manufacturer of glass products, made a major financial commitment over a 20-year period to establish an institute at the University of Michigan Business School. Named in honor of Guardian Industries' chairman, president and CEO William Davidson, WDI represents an aggressive and visionary response to global economic transformation

WDI's areas of study include:

  • The Globalization of Services explores the accelerating global trade in services and examines business and public policy issues in emerging and developed economies.
  • The Base of the Pyramid Initiative, led by Dr. Ted London, is a global leader in exploring the implications of the BoP Perspective as a development and organizational strategy. In particular, WDI's expertise lies in a deep understanding of the unique poverty alleviation dimensions of the BoP Perspective, an ability to evaluate the full range of impacts of BoP ventures, and a collaborative approach to creating business models that incorporates the voices of those at the base of the pyramid.
  • Social Enterprise (SE) research initiative, which was established to explore the changing and expanding role of NGOs, corporations and governments in achieving social impact.

WDI also provides:

  • Executive Education programs on topics such as leadership, marketing, entrepreneurship and general management skills to managers in the emerging and transition markets, including countries such as Morocco, Slovakia, Czech Republic, Croatia, Argentina, Chile, Mexico and Guatemala.
  • Technical Assistance and Consulting to governments and development agencies in countries such as Bosnia, Kenya, Morocco, Russia, Rwanda, South Africa, Ukraine, and Uzbekistan.

WDI supports international activity at the University of Michigan by funding research, hosting visiting scholars, organizing seminars and speaker series, and sponsoring summer internships. In the past thirteen years, more than 1,800 MBA students have participated in more than 450 international projects.

The Erb Institute for Global Sustainable Enterprise [1]

Created in 1996 through the generosity of 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 of Natural Resources and Environment (SNRE). The Institute fosters professional education, public outreach and scientific scholarship supportive of the transition to sustainability – that is, meeting the fundamental needs of a growing human population in an equitable manner within the means of nature. The core educational activity of the Institute is the MBA/MS Program, wherein students earn a Master of Business Administration from the Ross School and a Master of Science from SNRE. The Erb Institute also delivers educational experiences for undergraduates, PhD students and executives. The Institute draws on faculty expertise throughout the University of Michigan and has three core professors -- Thomas P. Lyon, Thomas N. Gladwin, and Andrew Hoffman, who have joint appointments in Ross and SNRE.

The Frankel Commercialization Fund

The Frankel Commercialization Fund (FCF) is a “pre-seed” investment fund made possible thanks to the support of Stanley Frankel, whose overarching vision is to leverage the Stephen M. Ross School of Business talent and resources to help increase the number of successful commercial ventures coming out of the University of Michigan.

The goals of the FCF are to:

  • Accelerate the commercialization of research and ideas generated within the University community.
  • Create a financially self-sustainable process of research commercialization, by which successful past investments will provide the funds needed to make new ones.
  • Provide a stimulating, hands-on educational experience for students, thus reinforcing the Ross School of Business’ commitment to action-based learning.
  • Build excitement within the University community about the prospects of research commercialization.

The Fund is made up of Ross MBA students (“Frankel Fellows”) selected because of their domain knowledge of the health care or technology industries and their experience and interest in early-stage company formation. The Frankel Fellows are divided into two teams, one specializing in health care investments and the other on technology investments.

The Wolverine Venture Fund

The Wolverine Venture Fund (WVF) is a multi-million dollar venture capital fund operated directly out of the Ross School of Business at the University of Michigan, enabling entrepreneurs to realize their business dreams. The Fund invests with the active involvement of MBA students, faculty assistance, and an advisory board composed of professional venture capitalists and entrepreneurs. The WVF is the largest, most active University-based venture fund of its type in the country. The Fund's contributions have been featured in numerous professional publications, including Business Week.

The WVF invests primarily in early-stage, emerging growth companies. The Fund typically provides $50,000 to $200,000 in seed and first-stage funding rounds in syndication with other venture capital funds and angel investors.

The Thomas C. Jones Endowment for BBA Education

In 2005, alumnus Thomas C. Jones donated $10 million to help undergraduates to experience programs usually provided only to MBA students. Jones, formerly the president of CIGNA's Retirement & Investment Services, was the school's first executive-in-residence and director of its bachelor of business administration degree program in 2003 to 2004. Jones had previously donated $1.5 million to the school for the Jane M. and Chester R. Jones Undergraduate Scholarship and to the Dean's Innovation Fund.

The gift established the Thomas C. Jones Center for BBA Education, which aims to help students apply classroom theory, incorporate liberal arts, and teach leadership. It also will develop capstone courses that push students to use many skills to solve complex business problems.

The Joel D. Tauber Institute for Global Operations

Manufacturing executive Joel D. Tauber donated $5 million in 1995 to establish the Joel D. Tauber Manufacturing Institute, which trains graduate students in engineering and business management. The program is run jointly with the University's College of Engineering, through the department of Industrial and Operations Engineering (IOE). In 2007, the Institute was renamed in order to signify its expanded scope of inquiry.

The Zell-Lurie Institute

In 1999, a $10 million donation established the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the Business School.

The gift came from Samuel Zell, the chairman of the board of Chicago-based Equity Residential Properties Trust and Equity Office Properties Trust, and Ann Lurie on behalf of her husband Robert. Zell has since given about $5 million more.

Institute students run the Wolverine Venture Fund, the oldest such U.S. venture, which earned $1 million when IntraLase Corp., a U-M spin-off technology company, went public.[2]

Research centers

Student life

Students publish their own newspaper called the Monroe Street Journal, named after the main street leading to the school entrance. The school is also home to The Michigan Journal of Business, the first undergraduate-level academic journal in the field of business. The latter publications are catalogued in world-renown university libraries, including the Baker Library at Harvard Business School, the Main Library of Princeton University, The Zurich library of Swiss Federal Institute of Technology, and the Kresge Library of University of Michigan.

Endowed chairs

As of 2007, 48 faculty members hold endowed chairs in their respective disciplines.

  • Hyun-Soo Ahn, Sanford R. Robertson Assistant Professor in Business Administration; Assistant Professor of Operations and Management Science
  • Eugene W. Anderson, D. Maynard Phelps Collegiate Professor of Business Administration
  • Gautam Ahuja, Harvey C. Fruehauf Professor of Business Administration; Professor of Strategy; Chair of Strategy
  • Ravi M. Anupindi, Michael R. and Mary Kay Hallman Fellow & Associate Professor of Operations and Management Science
  • Susan J. Ashford, Michael and Susan Jandernoa Professor of Business Administration; Professor of Management and Organizations
  • Rajeev Batra Sebastian S. Kresge Professor of Marketing & Director of Yaffe Center for Persuasive Communication
  • Dennis R. Capozza Professor of Finance and Real Estate and Dykema Professor of Business Administration
  • Gerald Davis Wilbur K. Pierpont Collegiate Professor of Management; Professor of Management and Organizations
  • Izak Duenyas John Psarouthakis Professor of Manufacturing Management; Professor of Operations and Management Science; Professor of Industrial and Operations Engineering
  • Jane E. Dutton William Russell Kelly Professor of Business Administration; Professor of Management and Organizations; Professor of Psychology; Chair of Management and Organizations
  • Fred Feinberg Michael R. and Mary Kay Hallman Fellow & Professor of Marketing
  • Claes G. Fornell Donald C. Cook Professor of Business Administration, Professor of Marketing, & Director of National Quality Research Center
  • Thomas Neil Gladwin Max McGraw Professor of Sustainable Enterprise; Professor of Strategy; Professor of Natural Resources and Environment; Erb Institute Associate Director
  • David Hess, Bank One Corporation Assistant Professor of Business Administration; Assistant Professor of Business Law
  • Andrew J. Hoffman Holcim (US) Professor of Sustainable Enterprise; Associate Professor of Management and Organizations; Associate Professor of Natural Resources and Environment; Erb Institute Associate Director
  • Eugene A. Imhoff, Ernst & Young Professor of Accounting
  • Raffi Indjejikian Robert L. Dixon Collegiate Professor of Accounting
  • Gautam Kaul, John C. and Sally S. Morley Professor of Finance
  • Robert E. Kennedy, The Tom Lantos [3]Professor of Business Administration
  • E. Han Kim, Fred M. Taylor Professor of Business Administration; Director, Mitsui Life Financial Research Center and East Asia Management Development Center; Professor of Finance and International Business
  • Thomas C. Kinnear, Eugene Applebaum Professor of Entrepreneurial Studies & Professor of Marketing;Director Samuel Zell and Robert H. Lurie Institute for Entrepreneurial Studies
  • Aradhna Krishna, Isadore and Leon Winkelman Professor of Retail Marketing and Professor of Marketing
  • M.S. Krishnan, Michael R. and Mary Kay Hallman Fellow & Professor of Business Information Technology; Chair of Business Information Technology
  • Francine Lafontaine, Jack D. Sparks - Whirlpool Corporation Research Professor of Business Administration; Professor of Business Economics and Public Policy; Professor of Economics, LSA, Chair of Business Economics.
  • Kenneth G. Lieberthal, William Davidson Professor of Business Administration; Arthur F. Thurnau Professor of Political Science; Distinguished Fellow of the William Davidson Institute
  • Bill Lovejoy, Raymond T. Perring Family Professor of Business Administration & Professor of Operations and Management Science; Chair of Operations and Management Science
  • Thomas P. Lyon, Dow Professor of Sustainable Science, Technology and Commerce; Professor of Business Economics; Professor of Natural Resources; Erb Institute Director
  • Paul W. McCracken, Edmund Ezra Day Distinguished University Professor Emeritus of Business Administration, Economics and Public Policy
  • Scott A. Moore, Arthur F. Thurnau Professor; BBA Program Director; Associate Professor of Business Information Technology
  • Judy S. Olson Professor of Business Information Technology; Professor of Psychology; Richard W. Pew Collegiate Professor of Human-Computer Interaction, School of Information
  • C.K. Prahalad, Paul and Ruth McCracken Distinguished University Professor of Corporate Strategy
  • Robert E. Quinn, Margaret Elliott Tracy Collegiate Professor in Business Administration & Professor of Management and Organizations
  • Cindy A. Schipani, Merwin H. Waterman Collegiate Professor of Business Administration; Professor of Business Law; Chair of Law, History and Communication
  • Dennis G. Severance, Accenture Professor of Business Information Technology
  • H. Nejat Seyhun, The Jerome B. & Eilene M. York Professor of Business Administration; Professor of Finance
  • George J. Siedel, Williamson Family Professor of Business Administration & Thurnau Professor of Business Law
  • Joel Slemrod, Paul W. McCracken Collegiate Professor of Business Economics and Public Policy; Professor of Economics
  • Richard G. Sloan, Victor L. Bernard PriceWaterhouseCoopers Collegiate Professor of Accounting & Professor of Accounting and Finance, Director, Financial Research and Trading Center
  • Kathleen M. Sutcliffe, Associate Dean for Faculty Development and Research; Gilbert and Ruth Whitaker Professor of Business Administration; Professor of Management and Organizations
  • W. Allen Spivey, C. E. Griffin Distinguished Professor Emeritus of Business Administration & Professor Emeritus of Statistics
  • The Michael J. Stark (BUS: MBA 1980) Professorship in Finance
  • Jan Švejnar, Everett E. Berg Professor of Business Administration; Professor Business Economics and Public Policy; Professor of Public Policy, Gerald R. Ford School of Public Policy
  • F. Brian Talbot, David B. Hermelin Professor of Business Administration and Professor of Operations and Management Science
  • James P. Walsh, Gerald and Esther Carey Professor of Business Administration, Professor of Management and Organizations, Professor of Strategy
  • Karl E. Weick, Rensis Likert Distinguished University Professor of Organizational Behavior and Psychology, Professor of Psychology
  • Janet A. Weiss Dean, Rackham Graduate School; Vice Provost for Academic Affairs; Mary C. Bromage Collegiate Professor of Business Administration; Professor of Public Policy
  • James Westphal, Robert G. Rodkey Collegiate Professor of Business Administration; Professor of Strategy
  • Martin B Zimmerman, Ford Motor Company Clinical Professor of Business Administration

Rankings

Some recent rankings for the Ross School:

2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992
BusinessWeek(MBA) 5 5 6 8 6 4 2 6 5
BusinessWeek(BBA) 6 5 6
BusinessWeek(EMBA) 4 4 3 3 2 2
US News(MBA) 12 11 11 10
US News(BBA) 3 3 3 3 1 1 1 1 1 1 1
The Wall Street Journal(MBA) 7 1 2 1 3 2 4
Forbes(Part-Time MBA) NA 7 5

Business Week "management gurus"

  • Greg Dailey, MBA PhD Co-Author The Core Competence of the Corporation
  • Gary Hamel (BUS: MBA PhD 1990) - Co-Author The Core Competence of the Corporation. Selected "Number One Guru" by The Economist magazine in 2003
  • C.K. Prahalad, C.K. Prahalad, Strategy, International Business - Michigan/ PRAJA, (Ranked #10). Author of The Fortune at the Bottom of the Pyramid, which details the generation of wealth from the Bottom of the Pyramid.
  • Noel Tichy, Leadership - Michigan, (Ranked #9)
  • Dave Ulrich, Human Resources - Michigan (Ranked #1)

Entities founded by Ross alums

Entity Ticker Co-Founder School
Fred Alger Management Private David Alger BUS
Federal Express NYSE: FDX Roger Frock BUS
GeoCities Acquired by Yahoo! in 1999 for $3.57 billion David Bohnett BUS
Guardian Industries Private William Davidson BUS
Helzberg Diamonds Acquired by Berkshire Hathaway in 1995 Barnett Helzberg BUS
Juniper Networks Inc. JNPR A computer networking entity with a $14 billion market capitalization Sreeram Veeragandham BUS
Landmine Survivors Network Not for Profit Jerry White BUS
New Line Cinema Subsidiary of Time Warner Robert Shaye BUS
Robertson, Stephens & Company Acquired by Bank of America in 1997 for $540 million Sanford Robertson BUS
Syntel Template:Nasdaq2 Bharat Desai BUS

Notable alumni

Activists

Advertising and marketing

Arts and entertainment

Asset management

Athletics

Banking

Billionaires

Consulting/accounting

Educators

Energy

Entrepreneurs

Federal Reserve/FDIC/OCC/Treasury

Government

  • Charles J. Falahee, (BUS: BBA 1974), District Judge, 12th District of Michigan
  • Howard Flight, (BUS: MBA) and British MP. Holds 11 directorships. In September 2001, he was appointed Shadow Paymaster General and in July 2002 was promoted to Shadow Chief Secretary to the Treasury.
  • William H. Hauenstein, (BUS: MBA 1958) Rear Admiral, United States Navy, Appointed first Director of Acquisition Career Management for the United States Navy.
  • David Hermelin, (BUS: BBA 1958) - Entrepreneur, philanthropist and former United States Ambassador to Norway. Ross School benefactor.
  • Peter Hoekstra, (BUS: MBA 1977) a Congressional Representative from Michigan; elected as a Republican to the One Hundred Third and to the six succeeding Congresses (January 3, 1993-present); chair, Permanent Select Committee on Intelligence (One Hundred Eighth Congress).
  • H. Russel Holland (BUS: BBA 1958) United States District Judge
  • Mark Kennedy, (BUS: MBA 1983) a former member of the U.S. Congress from Minnesota; elected as a Republican to the One Hundred Seventh and to the two succeeding Congresses (2001 – 2007).
  • David McKeague (BUS: BBA 1968, JD 1971), Federal Judge
  • Gary Profit (BUS: MBA 1985), Brigade General, Deputy Chief, Army Reserve, United States army.
  • Glenn E. Mencer (BUS: BBA 1949) Federal Judge
  • Hugh Richeson, (BUS: MBA 1949), U.S. Army brigadier general. His last active-duty assignment was as commanding general of the U.S. Army in Japan. In Korea in 1953, he commanded the 67th Ordnance Battalion of the Far East Command. Promoted to brigadier general in 1967, he went to Vietnam in May 1969 as deputy commanding general and later commanding general of the U.S. First Logistical Command in South Vietnam, which directed logistical support of all Army personnel in the country. In that capacity, he supervised 70,000 soldiers and civilians.
  • Amnuay Viravan (BUS: MBA 1954, Ph.D 1958), Deputy Prime Minister and Minister of Finance, Thailand. Chairman of the Board, Thai Tobacco Monopoly; Chairman of the Board, State Lottery Bureau; Chairman of the Board, Government Saving Bank; Chairman of the Board, Krung Thai Bank (KTB); Chairman of the Board, Bank for Agriculture and Agricultural Cooperatives Board Member; Port Authority of Thailand, Board Member; Electricity Generating Authority of Thailand, Board Member; Rubber Replanting Aid Fund, Board Member; Bank of Thailand, Board Member.
  • Ronald N. Weiser (BUS: BBA 1966) - Former United States Ambassador to the Slovak Republic. Founder and CEO of McKinley Associates.
  • James B. Whittaker (BUS: MBA 1966, Ph.D 1975) Rear Admiral (Ret.) United States Navy

Healthcare

Industrials

Internet/software/hardware

  • David Bohnett (BUS: MBA 1980) – Founder and CEO of GeoCities in 1994, an Internet based media and e-commerce company. GeoCities was cited by Internet ranking firm, Media Metrix, as one of the top four most trafficked sites on the web. In August 1998, the company went public, listing on the NASDAQ exchange with the code GCTY. The IPO price was $17, rising rapidly after launch to a peak of over $100. However, in January 1999, it was purchased by Yahoo! for $3.57 billion with Yahoo! taking control on May 28.
  • John Brady, (BUS: MBA), appointed, in 2007, by GTA, to position of CFO. GTA is Guam's leading telecommunications provider. Before coming to GTA, Brady held the CFO position at Orbcomm, a global satellite communications and asset tracking company based in New Jersey, as well as at Magyar Telekom in Budapest, Hungary, an incumbent local exchange carrier listed on the New York Stock Exchange.
  • Kenneth J. Burke (BUS: BBA 1975), Principal of Hambrecht & Quist. CEO of MarketLive, “…the leading developer of e- commerce technology and services for Intelligent Selling on the Web.”. Investors include Sequoia Capital
  • Marcel Gani (BUS: MBA 1978) - CFO Juniper Networks (NASDAQ: JNPR)
  • Mike Hallman (BUS: BBA 1966, MBA 1967), was President and COO of Microsoft Corporation (NASDAQ: MSFT) (1990–1992). Prior to that, he served as Vice President of the Boeing Company and President of Boeing Computer Services (1987–1990). Founded The Hallman Group, a management consulting firm located in Kirkland, Washington.
  • Renée Kuwahara (BUS: MBA) Chief Operating Officer for the global operations of 24/7 Customer, a global provider of business process outsourcing services. 24/7 Customer employs over 5,500 professionals across its offices in India, US and UK. 24/7 Customer is the only BPO Company to be ranked in Deloitte’s Silicon Valley technology Fast 50 and to be honored with Red Herring 100 Asia for 2006.
  • Leon J. Level, (BUS: BBA 1962, MBA 1963), Chief Financial Officer of Computer Sciences Corporation (NYSE: CSC) a global information technology services company. He is a member of the board of directors of Levi Strauss & Co. and UTi Worldwide Inc. He is also on the board of trustees of the Autry National Center Inc.
  • Jeffrey A Rich (BBA 1982) as CEO of Affiliated Computer ACS, manages 52,000 employees.
  • Paul Saleh (BS, MS; BUS: MBA 1985) - CFO, Nextel Communications Inc. (NYSE: S) "…recognized as one of the 100 Most Influential People in Finance…"
  • Richard D. Snyder (BA 1977, BUS: MBA with distinction 1979, LAW: JD 1982) - Chairman of Board, Gateway Computer
  • James Robt Tolonen (BUS: MBA 1972) CFO, Novell
  • Sreeram Veeragandham (BUS: MBA) a founding team member at Juniper Networks Inc. (NASDAQ: JNPR). Juniper is a $14 billion market cap company. Sreeram has also worked at Sun Microsystems Inc. Recently Sreeram led Series A investment in Accuri Instruments Inc. and has been actively involved in its spinout from University of Michigan.
  • Paul E. Weaver, (BUS: MBA) Member of The Board of Gateway Computer. Director since 2006. Mr. Weaver is a retired global partner of PricewaterhouseCoopers, LLP, where he was chairman of the firm’s global technology practice group for a number of years, focusing on technology, infocomm, entertainment and media.

Mergers, acquisitions, turn-arounds

Not-for-profit

Real estate

  • Frank Apeseche (BUS: MBA 1981), President, Berkshire Income Realty Inc.
  • Jeffrey Blau (BUS: BBA 1990) - President, The Related Companies
  • Michael J. Brenner, (BUS: MBA 1968) CFO, EVP, and Director The Related Companies. He is a director of Charter Municipal Mortgage Acceptance Company and Aegis Realty, Inc.
  • Louis B. Cushman (BUS: MBA 1965), Chairman of the Board Cushman & Wakefield
  • Ronald Davis (BUS: BBA 1955), President, Universal Properties
  • Thomas David Eckert (BUS: BBA 1970), President Pulte Home Corp.
  • Chris Fiegen (BUS: BBA 1990) is Chief Financial Officer of Equity International. Mr. Fiegen has been associated with EIP since its inception in 1999 and is primarily responsible for the financial management and capitalization of the Equity International investment portfolio. He is also a director of various EIP portfolio companies.
  • D. Keith Hayward (BUS: MBA 1972), CFO McKinley Associates. McKinley manages over $1.2 billion in assets including more than 15,000 apartments and 4,500,000 square feet (420,000 m2) of commercial space throughout the United States.
  • Ian Kaufman, (BUS: BBA 1991) was named – in 2006 – to the position of Chief Accounting Officer of Equity Residential, the largest publicly traded U.S. apartment owner. Equity Residential owns or has an interest in more than 600 properties in 26 states.
  • Greg Mullen (BUS: MBA 1981), President, Crane Realty Corporation
  • Hans E. Vanden Noort (BUS: MBA) has been elected by the Board of Directors to Chief Financial Officer in 2007 by Rayonier a $3.4 billion market capitalization Real Estate Investment Trust. Rayonier is a leading international forest products company with three core businesses: Timber, Real Estate and Performance Fibers. It owns, leases or manages 2.7 million acres (11,000 km²) of timber and land in the U.S., New Zealand and Australia.
  • Stephen M. Ross (BUS: BBA 1962) - Real Estate Developer. Provided naming gift for Ross School of Business.

Retail

Venture capital

  • Randolph J. Agley (BUS: BBA 1964, MBA 1965) Chairman of the Board, Talon LLC. Formed in 1973, it is a consolidation of affiliated companies under common ownership. Talon Equity Partners, LLC is a Michigan-based private equity firm that makes majority ownership investments in middle-market size industrial companies with revenue ranging between $10 million and $100 million.
  • D. Theodore (Ted) Berghorst (BUS: BBA 1990) is Chairman and CEO of Vector Securities International, LLC and Chairman and CEO of Vector Managed Holdings, LLC. Vector Securities is a Chicago-based investment banking firm focused exclusively on the healthcare and life sciences industries, including medical technology and biotechnology.
  • Paul Brentlinger (BUS: MBA 1951) has been a Partner in three Morgenthaler Ventures Partnerships. In this present position, he has managed several successful investments, including Microchip Technology, Dispatch Communications, Magma Copper, Wastequip, and Distribution Management Systems (DMS). He is presently a member (and former Chairman) of the Board of Hypres, Inc. and honorary board member (and former chairman) of the Cleveland Institute of Art.
  • Mary L. Campbell (BA, BUS: MBA 1979) General Partner, EDF Ventures founder and General Partner of the Ann Arbor venture capital firm EDF Ventures. Previously, she joined the venture capital firm Michigan Capital and Service, Inc., where she became President in 1987.
  • Jeremy Chase (BUS: MBA 1999), Principal, Pequot Capital Management
  • Dixon Doll (BUS: PhD 1969), Principal, Doll Capital Management, Inc.
  • Jay Hoag (BUS: MBA 1982), Founding General Partner, Technology Crossover Ventures Mr. Hoag has been involved in TCV investments in Actuate Software, Ariba Technologies, Altiris, BlueCoat Systems (formerly CacheFlow), C|Net, eHarmony, eLoyalty, Encompass (sold to Yahoo!), EXE Technologies, Expedia, Fandango, InPhonic, Netflix, ONYX Software, RealNetworks, SpringStreet (sold to Homestore.com), TechTarget, Vacationspot.com (sold to Expedia) and Viant Corporation among others.
  • Christopher Ilitch (BUS: BBA 1987) He is president and CEO of Ilitch Holdings, Inc., a family held entity with total net worth in excess of $1 billion Forbes 400. He also is vice president of the Detroit Red Wings and an NHL alternate governor, president of the Little Caesars Pizza Kit Fundraising Program, and vice president of Little Caesar Enterprises.
  • William D. Johnson (BUS: MBA) Principal, In-Q-Tel, the venture capital firm associated with the CIA. In-Q-Tel was established in 1999 to identify and deliver transformative technologies to the CIA and the Intelligence Community. Prior to joining In-Q-Tel, Mr. Johnson focused on technology investments at JP Morgan Partners and was a founder of the firm's software investment group. He previously worked in information technology consulting with Andersen Consulting and Ernst & Young. He has served as a board member or observer at Callvision, Open Network (acquired by BMC), ProitLogic (acquired by Oracle Corporation), SquareTrade, Tantau Software (acquired by 724 Solutions), and Zilliant.
  • John C. Kennedy (BUS: MBA) has been the President and CEO of Autocam Corporation since 1988, when he purchased the assets of Autocam from Autodie in a leveraged buyout. In the year prior to his ownership, Autocam had revenues of $8 million and had operating losses. Today, Autocam is a worldwide manufacturer of precision machined components for the automotive and medical instruments industries. In 2004, the company grew to $350 million in revenues and has 3000 employees worldwide. Forbes magazine has ranked Autocam Corporation as one of the best small public companies nationwide and the best small company in Michigan in 1994, ‘95, ‘96 and ‘98.
  • Brad Keywell (BUS: BBA 1991; LAW: JD 1993), is the Managing Partner of Bristol Ventures LLC, an investment and advisory firm. Among Bristol’s holdings are IRIS WorldGroup, a Chicago-based information services and analytics firm with delivery centers in India; Cambrian Partners LLC, an advisory firm which assists U.S. firms in their diversity/minority procurement initiatives and offshore outsourcing strategies; and Archer Corporate Services LLC, a marketing fulfillment services firm. He is the author of ‘’Biz Dev 3.0: Changing Business as We Know It’’.
  • Michele May (BUS: BBA 1974), Chief Financial Officer, Bain Venture Capital
  • Timothy M. Mayleben (BUS: BBA 1984), President, ElMa Advisors. Most recently he was COO of Esperion Therapeutics, now a division of Pfizer Global Research & Development, a company founded in July 1998 and located in Ann Arbor, MI. Esperion was acquired by Pfizer in December 2003 for $1.3 billion. Mr. Mayleben joined Esperion in late 1998 as Chief Financial Officer and was responsible for raising more than $200 million in venture capital and institutional equity funding. Prior to joining Esperion, Mr. Mayleben was an executive with Transom Technologies, Inc., a simulation software company acquired by what is now EDS in July 1998.
  • Clyde E. McKenzie (BUS: BBA 1970; MBA 1974) is Chairman and Chief Executive Officer of Tellurex Corporation. Tellurex is a world leader in thermoelectric technology. He co-founded McKenzie Curtiss-Lusher & Associates LLC and MC-L Holdings LLC in 2004. In 2001, Mr. McKenzie was one of three principals that created Strategic Asset Management LLC ("SAM"). SAM invested in a series of real estate syndicates and other businesses in Europe and in the U.S. SAM also founded and operates Nexus Resources LLC, a successful oil and gas exploration and production company active in Cameron Parish, Louisiana and Comanche County, Kansas. He was CFO of KN Energy, Inc., an integrated energy services provider, when KN acquired Kinder Morgan, Inc. (NYSE: KMI).
  • Cam McMartin, (BUS: MBA 1981) Managing Director and CFO, CenterPoint Ventures. His expertise includes public and private equity offerings, acquisitions and divestitures, corporate restructuring and turnarounds.
  • Timothy B. Petersen (BUS: MBA) Managing Partner, Arboretum Ventures. Tim serves on Board of Directors of Advanced ICU Care, HealthMedia, KFx Medical, and Thermocure, four of Arboretum’s portfolio investments, and previously sat on the Board of Asterand (LSE: ATD).
  • Harvey Ring (BUS: MBA 1983; Ph.D in high energy physics). Mr. Ring is Vice Chair on the Board of the Austin Technology Council. Mr. Ring is the President of Ring Investments, LP, an investment and consulting company specializing in the technology industry. His expertise in sales, marketing and business process development has contributed to the growth of early stage companies in Austin, including FactoryLogic Software, Inside Out Networks, Eureka Environmental, Precision Traffic Systems.
  • Rob Risser, (BUS: MBA 1978) CFO and Director, Advanced Photonix, Inc. Mr. Risser co-founded Picometrix in 1992 which was acquired by Advanced Photonix Inc, in 2005.
  • Richard Rogel (BUS: BBA 1970) is the President of Tomay Inc. He founded PPOM, the first operational PPO in Michigan. This plan offered its services to more than 1,100,000 employees and dependents in Michigan, Ohio, and Indiana. PPOM won awards as Michigan's fastest growing private company and placed as high as 40th in the INC. Magazine 500.
  • David Shelby (BUS: BBA 1962, MBA 1964) - President of Northport Private Equity Investment Companies.
  • Steven D. Weinstein (BUS: MBA) Managing Director, Novartis Venture Fund. Joined the Novartis Venture Fund in 2006 as a Managing Director. From 2001, Steve was a Principal at Prism Venture Partners, where he focused on investments in medical devices and life sciences. He led the investments and/or served on the boards of iScience Surgical, ROX Medical, Sensitech (acquired by Carrier/UTX), and MedManage Systems.
  • Marc Weiser (ENG: BSE AE; BUS: MBA) Managing Director, RPM Ventures. Is the founder and managing director of RPM Ventures, a seed and early stage venture capital firm based in Ann Arbor, Mich. In addition to his role at RPM, he serves on the board of McKinley Associates, a $1.5 billion real estate company.

Current and former professors

  • Madeleine Albright - WDI visiting scholar. Albright served as U.S. Secretary of State from 1997 to 2001, the highest-ranking woman in the history of the U.S. government at the time. From 1993 to 1997, Albright was the United States' Permanent Representative to the United Nations and a member of President Clinton's Cabinet and National Security Council.
  • Gary Hamel - Co-Author of "The Core Competence of the Corporation." Hamel was elected "Number One Guru" by The Economist magazine in 2003.
  • Andrew Hoffman
  • Gerald C. Meyers , former Chairman and CEO of American Motors Corporation (1977–1982) is currently a Visiting Professor of Organizational Behavior at the University of Michigan Business School in Ann Arbor. Meyers is the author of When It Hits the Fan, Managing the Nine Crises of Business (Houghton-Mifflin), which is published in five languages, and is co-author of Dealers, Healers, Brutes and Saviors: Eight Winning Styles for Solving Giant Business Crises (John Wiley & Sons). Mr. Meyers served overseas as an officer in the U.S. Air Force during the Korean conflict; he was awarded the Cross of the French Legion of Honor.
  • C.K. Prahalad, Prahalad earned the third spot on Suntop Media's 2005 "Thinkers 50" list, just behind Microsoft founder, Bill Gates. Recently Professor C. K. Prahalad earned the first spot on Suntop Media's 2007 "Thinkers 50" list.Thinkers 50 2007
  • David Ulrich, 2006 was ranked number one on HR Magazine's list of most influential people in the Human Resources field. The Top 100 list includes academics, authors, consultants, directors and executives. Ulrich has been a consultant for more than half of the Fortune 200 companies. In 2007, received the Lifetime Achievement Award in Workplace Learning and Performance from the American Society for Training and Development, the world's largest association dedicated to workplace learning and performance professionals.

Institutional milestones

  • 1924, the Michigan Alumnus newspaper announced the creation of the School of Business Administration. The Regents designated Tappan Hall as the new school’s permanent home, where it remained for 25 years.
  • 1926 The first 12 MBA degrees are granted
  • 1935 The first Ph.D. degree is conferred
  • 1942 The BBA program is established
  • 1944 Russell A. Stevenson is appointed dean and makes plans for a new building.
  • 1945 Enrollment increases to 366 with more than 83 percent veterans.
  • 1947 Cornerstone laid for the new $2.5 million structure. Enrollment reaches 1,081 with 340 graduate students, making Michigan one of the largest MBA programs in the nation.
  • 1950s First executive education programs launched.
  • 1958 Chapter of the National Women’s Business Association established.
  • 1960 Floyd A. Bond is appointed dean
  • 1967 Dean Bond begins a fundraising campaign for the Assembly Hall, starting with a pledge from alumnus Clayton G. Hale and other private donors.
  • 1971 Groundbreaking for the new Assembly Hall, which includes the 450-seat Hale Auditorium, Executive Board Room and D. Maynard Phelps Lounge.
  • 1976 The 14,000-square-foot (1,300 m2) William A. Paton Accounting Center is completed.
  • 1979 Gilbert R. Whitaker is appointed dean and begins to expand what grows to be 17 joint programs. He also sets goals of doubling charitable revenues.
  • 1982 $15 million Capital Campaign approved. With nearly $3 million in gifts from the Kresge Foundation, construction on the new Business Administration Library and the Executive Education Center begins along East University Avenue.
  • 1990 B. Joseph White is appointed dean and implements strategies to retain traditional strengths while making a new commitment to innovation and continuous improvement. The Executive Education Program is ranked #1 by Business Week
  • 1992 William Davidson donates $30 million, the largest gift ever associated with the University and the Business School, to establish the William Davidson Institute. Mr. Davidson's cumulative gifts to the university exceed $55 million
  • 1995 Joel D. Tauber donates $5 million to the Michigan Joint Manufacturing Initiative, a joint program between business and engineering to form the Tauber Manufacturing Institute.
  • 1996 Frederick A. and Barbara M. Erb contribute $5 million to create the Erb Environmental Management Institute.
  • 1997 Alumnus Sam Wyly donates $10 million for expanded executive education facilities at the corner of Hill Street and East University Avenue.
  • 1999 Frederick A. and Barbara M. Erb contribute $5 million to the previously established Erb Environmental Management Institute.
  • 1999 Samuel Zell and Ann Lurie donate $10 million to establish the Zell Lurie Institute for Entrepreneurial Studies.
  • 2000 Keith E and Valerie J. Alessi Courtyard dedicated.
  • 2001 Robert J. Dolan is named dean and works to expand the school’s capability to combine scholarly theory with practical application. A commitment to action-based learning shapes all aspects of the school’s educational offerings and a new strategic positioning statement—“Leading in thought and action” —headlines the school’s updated graphic identity.
  • 2003 John R. and Georgene M. Tozzi Electronic Business and Finance Center opens, a $2 million, 5,800-square-foot (540 m2) state-of-the-art learning facility that uses wireless technology to support action-based learning.
  • 2004 Alumnus Stephen M. Ross makes history donating $100 million, $75 million of which is earmarked for a new building and $25 million of which is earmarked for the permanent endowment. In recognition of the power of the gift to elevate the school’s aspirations and realize its ambitious vision, the Board of Regents renames the school the Stephen M. Ross School of Business at the University of Michigan. Mr. Ross' cumulative gifts to the university exceed $110 million.
  • 2005 Frederick A. and Barbara M. Erb contribute an additional $10 million to the Erb Institute, bringing their cumulative gifts to the Institute to $20 million. The name of the institute is formally changed to the Erb Institute for Global Sustainable Enterprise.
  • 2005 Architects and a group of 85 faculty, staff, students, directors and deans collaborate on the design of new facilities. In October, the Regents approve the design for the new $145 million building.
  • 2005 Thomas C. Jones donates $10 million to the U-M's Stephen M. Ross School of Business to make it possible for undergraduates to experience many of the programs usually provided only to MBA students. The gift will establish the Thomas C. Jones Center for BBA Education, which will offer more opportunities for students to apply classroom theory to real business situations, incorporate liberal arts into the business curriculum and develop leadership skills.
  • 2006 Components of the old campus are razed by summer's end. As of year-end 2006, the bulk of the foundation for the new building has been poured and several floors have been partially framed in with structural steel.
  • 2007 A new Master of Supply Chain Management (MSCM) program is announced with an inception date of January 2008. The inaugural class is matriculated Aug. 1, 2007.

See also

References

Template:Big Ten business schools

  1. ^ The demolition and renovation webcam may be found here: Ross School Renovation Webcam or here Renovation webcam (Java required)
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