Carroll School of Management
|Carroll School of Management|
|Motto||Through cooperation and integrity we prosper|
|Type||Private business school|
|Dean||Andrew C. Boynton|
|Location||Chestnut Hill, Massachusetts, U.S.|
The Wallace E. Carroll School of Management, also referred to as CSOM or simply The School of Management, as it is colloquially known, is the business school of Boston College, in Chestnut Hill, Massachusetts, United States. The school was renamed in 1989 in honor of industrialist and Boston College alumnus Wallace Carroll, whose 10-million-dollar donation was the largest private grant to the university at the time.
Established in 1938, the school offers B.S., M.B.A., and Ph.D degrees, in addition to M.S. degrees in both finance and accounting, along with joint degree programs with Boston College's other schools.
- 1 History
- 2 Undergraduate program
- 3 Graduate program
- 4 General academics
- 5 Notable alumni
- 6 See also
- 7 References
- 8 External links
The Carroll School of Management was founded as the "College of Business Administration" in 1938, as Boston College was fulfilling the obligations of its university charter. Its main building, Fulton Hall, was built in the late 1940s to accommodate it. The school of management would later be renamed in 1989 as the "Carroll School of Management," following a $10 million donation from alumnus Wallace E. Carroll of Katy Industries.
Prospective CSOM candidates apply directly to the school during their senior year of high school, either through the Early Action or Regular Decision process. The acceptance rate for the Carroll School of Management was 25% for the Class of 2012, and the total of undergraduate business applicants was 6,729. 28% of admitted CSOM applicants chose to enroll in the school. Students of Boston College's other undergraduate divisions may transfer into CSOM, through a rigorous application process. However, very few transfer applicants are approved.
|Business School Ranking|
|U.S. undergraduate business|
|U.S. News & World Report||24|
|U.S. News & World Report||40|
The undergraduate program at CSOM offers a balance of both a liberal arts education and a general management curriculum. In addition to coursework for a student's declared concentration, undergraduates are expected to fulfill the university's core curriculum and CSOM's curriculum in general management, which encompasses courses in accounting, finance, operations management, marketing and economics.
Beginning with students of the Class of 2013, the school is requiring its incoming freshmen to enroll in a course called "Portico." This course, while serving as an introduction to CSOM for new undergraduates, also serves to teach new students about business ethics through the readings of Plato, Aristotle, Immanuel Kant, and Ayn Rand. This course will supersede the previous version of the course, which was known as "Introduction to Ethics."
Students may dual-concentrate (and even triple-concentrate) within CSOM, pursue minors in either the Lynch School of Education or in the College of Arts and Sciences, enroll in the pre-med program, or even pursue a full major in the College of Arts and Sciences while enrolled as a student in CSOM.
The CSOM undergraduate program is known for its placements of graduates into elite finance, accounting, and consulting firms. Top employers include global banks Barclays, Citigroup, JPMorgan Chase, Bank of America, UBS, as well as all of the Big Four auditing firms. The starting median salary for the CSOM Class of 2011 was $56,000. The full-time-employment rate was 86.2%.
- #24 U.S. News & World Report, 2013
- #4 BusinessWeek, 2014 
Full-time M.B.A. program
The full-time MBA program is small and highly selective. Statistics for the class of 2011:
- Enrolled: 102 students
- Average Undergrad GPA: 3.4
- Average GMAT score: 663
- About 28% of the 908 applicants were admitted to the Carroll full-time MBA program
Full-time MBA students are required to take one of the following specializations:
- Asset management
- Leadership and management
- Competitive service delivery
- Corporate finance
- Entrepreneurial management
- Financial reporting and controls
- Global management
- Marketing informatics
- Product and brand management
- “Tailored” specialization
Average total compensation for M.B.A. class of 2009: $98,298
Employment by industry
Financial services 32%
Consumer products 16%
Other services 12%
Health care services 14%
Real estate 5%
Employment by function
General management 8%
Other services 15%
Other graduate programs
In addition to the full-time M.B.A. degree, Carroll offers the following graduate programs:
- M.S. in Accounting
- M.S. in Finance
- Part-Time M.B.A. Program
- Ph.D. in Finance
- Ph.D. in Management and Organization
- #40 U.S. News & World Report, 2013
- #13 for Finance
- #28 for Part-time M.B.A.
CSOM is organized into seven academic departments, as listed below:
- Business Law
- Information Systems
- Operations and Strategic Management
- Organization Studies
Research centers and executive programs
CSOM is home to six research centers and four executive programs.
- Center for Asset Management
- Center for Corporate Citizenship
- Center For Investment Research And Management
- Center for Retirement Research
- Winston Center for Leadership and Ethics
- Center for Work and Family
- Office of Corporate Government and Affairs
- Boston College Business Institute
- Boston College International Business Initiative
- Leadership for Change
- "Wallace Carroll, 82; Made Big Donation To Boston College". New York Times. Retrieved August 3, 1012. Check date values in:
- "About CSOM". Boston College. Retrieved 2009-11-19.
- Mills, Marja. "Industrialist Wallace Carroll". Chicago Tribune. Retrieved August 3, 2012.
- "Undergraduate Profile: Boston College – Carroll School of Management". http://www.businessweek.com.
- "Business School Rankings and Profiles: Undergraduate". Bloomberg Businessweek. 2012. Retrieved 2011-01-19.
- "Best Undergraduate Business Programs". U.S. News & World Report. 2010. Retrieved 2011-01-19.
- "Business School Rankings and Profiles: MBA". Bloomberg Businessweek. 2012. Retrieved 2012-01-19.
- "Business School Rankings and Profiles: MBA". Forbes. 2013. Retrieved 2014-05-19.
- "Best Business Schools". U.S. News & World Report. 2012. Retrieved 2012-03-13.
- "Global MBA Rankings". Financial Times. 2015. Retrieved 2015-01-26.
- "Carroll School Curriculum". Boston College. Retrieved 2009-11-19.
- "Core Requirements". Boston College. Retrieved 2009-11-19.
- "Portico – CSOM". Boston College. Retrieved 2009-11-19.
- "BOSTON COLLEGE POST-GRADUATION PLANS SURVEY CLASS OF 2011" (PDF). Boston College. Retrieved August 27, 2012.
- "Best Undergraduate Business Programs". U.S. News & World Report. 2009. Retrieved 2008-02-24.
- "Undergraduate business specialties: Finance". U.S. News & World Report. 2008. Retrieved 2008-02-24.
- "Undergraduate business specialties: Management". U.S. News & World Report. 2008. Retrieved 2008-02-24.
- "Undergraduate business specialties: Accounting". U.S. News & World Report. 2008. Retrieved 2008-02-24.
- "Undergrad Business School Rankings 2011". Business Week. 2011. Retrieved 2011-05-07.
- "America's Best Graduate Schools 2009". U.S.News & World Report. L.P. Retrieved 2009-05-02.
- "Academic Departments – CSOM". Boston College. Retrieved 2009-11-19.
- "Research Centers & Executive Programs". Boston College. Retrieved 2009-11-19.