Haas School of Business
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|Type||Public business school Funded by student tuition and alumni donations|
|University of California, Berkeley|
|Location||Berkeley, California, U.S.|
The school is situated in three connected buildings surrounding a central courtyard on the southeastern corner of the Berkeley campus. The final design of architect Charles Moore, the mini-campus was completed in 1995. The school is planning to expand its facilities with a new commons building shared with the Berkeley School of Law. It consistently ranks as one of the top ten business schools in worldwide rankings published by The Economist, Financial Times, US News & World Report, and Bloomberg Businessweek.
- 1 History
- 2 Full-time MBA Program
- 3 Evening & Weekend MBA Program
- 4 Berkeley-Columbia Executive MBA Program
- 5 Berkeley MBA for Executives Program
- 6 Ph.D. program
- 7 Master of Financial Engineering Program
- 8 Undergraduate program
- 9 Executive education
- 10 Institutes and centers
- 11 Notable faculty
- 12 Notable alumni
- 13 See also
- 14 References
- 15 External links
The Haas School of Business was first established as the College of Commerce of the University of California in 1898. The University of California charter, adopted in 1868, included among its goals the study of commerce. University Regents Arthur Rodgers, A.S. Hallidie and George T. Marye Jr. later proposed the establishment of a College of Commerce. The new college was founded on September 13, 1898, when Cora Jane Flood, daughter of industrialist and University of California Regent James C. Flood, donated land (worth one million dollars at the time) to the University specifically to support the study of commerce. The school was the third collegiate business school in the United States and the first at a public university.
The college’s first faculty members included some American pioneers in the field of business. Simon Litman taught the first course in marketing between 1902 and 1908. Adolph Miller, who was the Flood Professor of the Political Economy and Commerce from 1903 to 1915, later served on the first Board of Governors of the Federal Reserve System. Wesley Clair Mitchell, who taught at Berkeley from 1905 to 1913, is known as the father of the business cycle analysis. Charles Staehling taught accounting at the college from 1921–51 and was known for adding a theoretical framework to the praxis-oriented teaching of accounting principles. Henry Mowbray, who taught from 1910 to 1948, wrote the first college textbook on insurance.
The College of Commerce was founded in the liberal arts tradition, drawing on faculty from other disciplines on campus. Carl C. Plehn was appointed the first dean of the new college in 1898. Plehn, a finance professor educated in Germany, drafted the college's first curriculum for a Bachelor of Science degree. The initial course offerings covered legal studies, political studies, political economy, and historical studies, including The History of the Institution of Private Property, History and Principles of Commercial Ethics, and the History of Commerce in All Countries and at Every Age. Plehn proposed changes to the curriculum in 1915 to give it a more professional focus. The proposal, adopted after World War I, established a program that included two years of liberal arts education followed by junior and senior year commerce study, a pattern still used for the undergraduate program today.
Henry Rand Hatfield, a pioneer in accounting and an early entrant in the Accounting Hall of Fame, became the second dean of the college in 1916. Hatfield had been hired by the University of California in 1904 as the first full-time accounting professor in the country. Hatfield played a leading role in the founding of the Association to Advance Collegiate Schools of Business and the national honor society Beta Gamma Sigma. He also published the first paper in the United States on accounting theory. As dean, Hatfield sought to increase the reputation of the College of Commerce by bringing scholars from the East Coast to teach during summer sessions.
After World War I, enrollment experienced an increase from the influx of veterans and continued to grow even through the Great Depression, increasing from its initial class size of three in 1898 to 1,540 students in 1938. In 1925, the college's third dean, Stuart Daggett, instituted a two-year Master of Science degree. The school's fourth dean, Henry Francis Grady, was appointed in 1928. Grady went on leave from 1934 to 1936 to become an advisor to President Franklin D. Roosevelt, for whom he worked on reciprocal trade agreements (see Reciprocal Tariff Act). The fifth dean, Robert Calkins, succeeded Grady, but left within a few years to become the dean of the Columbia Business School.
E.T. Grether was appointed the sixth dean of the College of Commerce in 1941. Grether's twenty-year tenure as dean was a time of great change. The college was renamed the Department of Business Administration in 1942 and began offering a new two-year upper division curriculum leading to the Bachelor of Science in Business Administration. In 1943, the department was renamed the School of Business Administration when it began offering a one-year graduate program.
Grether opened several research centers in the school, including The Institute for Business and Economics Research (1941), The Institute for Industrial Relations (IIR) (1945, now called the Institute for Research on Labor and Employment), and the Center for Real Estate and Urban Economics (1950). Grether tapped Clark Kerr to be the first director of the IIR. Kerr's success in this position led to his becoming the first Chancellor of the University of California, Berkeley.
The Graduate School of Business Administration was opened in 1955 and the school began offering a course of study leading to the Master of Business Administration. A year later the Doctor of Philosophy in Business Administration and executive education programs were founded.
Under the school's eighth dean, Richard Holton, an evening MBA program was initiated in 1972. Unlike other evening or part-time programs in the country, students were required to meet the same admission requirements as established for the day-time MBA program. Classes for the evening MBA were held in downtown San Francisco until the school's present building complex was completed in 1995.
Earl F. Cheit became the ninth dean of the school in 1976. Facing diminishing funding and budget pressures, Cheit lobbied and won increased salary scales for business faculty. He also secured donations from Walter A. Haas to endow seven new chairs and to open a career planning and placement center. In 1980, the school began to offer a Management of Technology program jointly with the College of Engineering. 1980 also saw the inauguration of the annual Haas Competition in Business and Social Policy, funded by a donation from the Evelyn and Walter A. Haas, Jr. Foundation.
In 1987, the tenth dean of the school, Raymond Miles, began the school's first major capital campaign to raise money for a new building. Major contributions were made by Wells Fargo and Eugene Trefethen, an executive with Kaiser Industries. In 1989, the Walter and Elise Haas Fund donated $23.75 million to the building campaign. The donation was the largest in the history of the university to that date. The school was renamed the Haas School of Business in honor of that gift.
The new building was designed by Charles W. Moore, former chair of Berkeley's Department of Architecture. Construction began in 1993 and the school moved into its new building complex in January 1995.
Laura Tyson, a professor at Berkeley since 1977 and the chairman of the President's Council of Economic Advisers from 1993 to 1995 during the Clinton Administration, was the dean of the school from 1998 to 2001. Tyson negotiated an agreement with the Columbia Business School to create a joint program, the Berkeley-Columbia Executive MBA, which offers experienced executives the opportunity to earn an MBA from both Haas and Columbia. The Berkeley-Columbia program began in 2002 and graduated its first class in December 2003.
In July 2008, Richard Lyons became the present dean of Haas. Along with a curriculum overhaul, Lyons has launched the public phase of a $300 million capital campaign, called the Campaign for Haas. The campaign's stated goals are "transforming the... campus, building a curriculum based on the Berkeley-Haas approach to leadership, and aggressively expanding the school’s faculty and its support for research."
The Haas School of Business has been home to two winners of the Nobel Memorial Prize in Economics. John C. Harsanyi (1920–2000) was a co-recipient with John Nash and Reinhard Selten in 1994 for his contributions to the study of game theory and its application to economics. He served as Professor Emeritus at Haas and in the UC Berkeley Department of Economics. Oliver Williamson (1932-) was a co-recipient with Elinor Ostrom in 2009 for his "analysis of economic governance, especially the boundaries of the firm", and currently[when?] serves as Professor Emeritus at Haas and in the UC Berkeley Department of Economics.
Full-time MBA Program
The Berkeley MBA Program is a two-year curriculum designed to prepare students for the business world in an experience that Haas calls "Leading Through Innovation." The process of "Leading Through Innovation" includes the core MBA curriculum and specialization in an area of interest, which may be one of seven areas of general management fundamentals, or a certification in one of five different areas of study. Another important part of the Haas MBA is the combination of executive skills seminars, such as the Leadership Development Series, and experiential programs, such as "Haas@Work," an applied innovation program that sends teams of Berkeley MBA students to work at large firms.
Areas of concentration
The Haas School offers seven areas of general management fundamentals for students to focus on using elective courses:
- Business & Public Policy
- Economic Analysis & Public Policy
- Management of Organizations
- Operations & Information Technology Management
Students can also specialize in Corporate Social Responsibility or Nonprofit and Public Leadership, although no certificate program is available for these areas. In 2016, the school's MBA program was ranked #32 worldwide for social and environmental impact by Corporate Knights magazine.
Haas@Work is an applied innovation program operated by the Haas School's Institute for Business Innovation. The program assigns teams of Berkeley MBA students to work on competitive projects at large firms. After collaborating with host executives on innovative solutions to business problems, the students are tasked with implementing their ideas. The Haas@Work program has paired Haas MBA students with companies including Visa, Wells Fargo, Cisco, Disney, Panasonic, and Clorox.
Evening & Weekend MBA Program
The three-year, part-time Berkeley Evening & Weekend MBA Program emphasizes the delivery of growth and innovation to organizations, and allows participants to continue working full-time while pursuing the MBA. Like the full-time MBA, the part-time MBA program is built around "Leadership Through Innovation," and like full-time students, part-time MBA students can specialize in one of seven areas of general management fundamentals. However, the certificate programs available to full-time MBA students are not available to those on the part-time track.
Berkeley-Columbia Executive MBA Program
The Haas School of Business offered an Executive MBA Program in partnership with the Columbia Business School. One session per term was held at the Columbia University campus in New York City, the other four on campus at the Haas School of Business in Berkeley, CA. Courses were taught by the full-time faculty of both schools. The core curriculum was taught during the first three terms, and the last two terms offer elective courses. Students may opt to spend one term studying exclusively in the NY-EMBA program at Columbia or in the other MBA programs offered at Berkeley. Upon completion of the program, students earn two MBAs, one from UC Berkeley and one from Columbia University, the same degrees awarded in the schools' full-time MBA programs.
The Berkeley-Columbia Executive MBA program ended, by mutual agreement, after the class admitted in 2012 graduated.
Berkeley MBA for Executives Program
The Haas School of Business offers an Executive MBA Program. The program is 19 months long and will begin with the entering class of 2014. Courses are taught by the full-time faculty of Berkeley-Haas. The core curriculum is taught during the first three terms, and the last two terms offer elective courses. Upon completion of the program, students earn a Berkeley MBA, the same degree awarded in the school's full-time MBA programs.
The Haas School of Business Ph.D. Program offers seven fields of academic study and close collaboration with faculty members. The program is very exclusive, admitting only 14-16 candidates per year, and students can expect to graduate in four to five years. Ph.D. students are generally expected to serve as either teaching or research assistants for part of their time at Haas.
Fields of study
Haas Ph.D. students can specialize in one of seven fields of study.
Master of Financial Engineering Program
The Berkeley Master of Financial Engineering Program provides graduates with the knowledge and skills necessary for a career in the finance industry. Students in the MFE program take an integrated set of courses for a period of one year, and must also complete a ten-week internship or on-site project and an applied finance project that builds on skills learned in the internship.
The Haas School of Business, in conjunction with the main UC Berkeley campus, offers an undergraduate Bachelor of Science degree intended to provide the knowledge and technical skills necessary for success in the modern business world. Students take core courses in Business Communication, Micro- and Macroeconomics, Managerial and Financial Accounting, Finance, Spreadsheet Decision-Making, Organizational Behavior, Marketing, and Ethics, as well as elective courses in these and other areas. Students often explore their field of interest in electives and can take more advanced courses such as Corporate Valuation, Financial Engineering, and Competitive Strategy. Undergraduates enter Haas at the beginning of their junior year, and graduate within two years.
The program ranked 2nd in the nation according to U.S. News College ranking in 2010, and 3rd from 2011 to present, with numerous top 10 sub-specializations: 11th in Accounting, 7th in Entrepreneurship, 3rd in Finance, 6th in International Business, 3rd in Management, 10th in Management Information Systems, 3rd in Marketing, 8th in Production/ Operations Management, 4th in Quantitative Analysis, 3rd in Real Estate, and 11th in Supply Chain Management/Logistics.
For the entering class of 2012, the average GPA for UC Berkeley students was 3.70 with a 25th to 75th percent range of 3.50 to 3.92, while the average GPA for transfer students was higher at 3.85. The application is broken down as follows: 50% Grades & Coursework, 35% Essays, and 15% Resume/extra-curricular activities. In addition to reviewing applications for completion of minimum eligibility requirements and academic achievement and promise, the Admission Committee will review many factors, including performance in key prerequisites (business, math, economics, statistics), grade trends, course load, consistency of academic performance, leadership skills, interest in being an active member of the Haas community, knowledge of contemporary business issues, accomplishments as demonstrated by extracurricular activities, as well as communication and analytical skills as demonstrated by responses to essay questions.
The Haas School's Center for Executive Education offers a variety of custom and open-enrollment programs to help corporate executives understand specific new or challenging aspects of the business world, drawing on the research of Haas faculty members. Executives can enroll in a prepared set of short courses targeted at specific issues, or work with the Center and their company to develop a custom curriculum.
Institutes and centers
|Business school rankings|
|Times Higher Education||8|
|U.S. News & World Report||7|
|U.S. News & World Report||2|
The Haas School of Business is home to many research institutions and centers, and Haas faculty members take an active part in many of UC Berkeley's multidisciplinary programs as well.
- Institute for Business Innovation (IBI)
- Institute for Business & Social Impact (IBSI)
- Energy Institute at Haas (EI)
- Cleantech to Market (C2M)
- Asia Business Center
- Berkeley Center for Economics and Politics
- Center for Financial Reporting and Management
- Fisher Center for Real Estate and Urban Economics
- David Aaker – named one of the top ten marketers by the Marketing Executives Network Group, an elite group of marketing executives, along with Seth Godin and Steve Jobs
- Vinod Aggarwal
- Sandy Alderson – executive in Major League Baseball
- Steve G. Blank
- Henry Chesbrough – coined the phrase Open Innovation: The New Imperative for Creating and Profiting from Technology
- Henry F. Grady – dean of the Commerce Dept at the University of California, Berkeley. Professor of Economics. Also, First Ambassador to India, Ambassador to Greece and Iran. President of American President Lines.
- John Hanke
- John Harsanyi – Economics Nobel Laureate, 1994, Died August 9, 2000
- Teck-Hua Ho
- Daniel Levitin – Neuroscientist, best-selling author, management consultant
- Richard Lyons – current dean of the Haas School of Business
- Sherman J. Maisel
- David C. Mowery
- Terrance Odean
- Mark Rubinstein – a noted financial engineer and International Association of Financial Engineers Man of The Year in 1995.
- Carl Shapiro – former Deputy Assistant Attorney General for Economics in the Antitrust Division of the U.S. Department of Justice (1995–1996). Now Chief Economist in the U.S. Department of Justice's Antitrust Division (April 2009).
- Kevin Sweeney
- David Teece – Thomas W. Tusher Chair in Global Business and director of the Institute of Management, Innovation, and Organization
- Philip Tetlock – MacArthur Fellow, Russell Sage Scholar, winner of Woodrow Wilson Award, Robert E. Lane Award, and Grawemeyer Award for his recent book, Expert Political Judgment: How Good Is It? How Can We Know?
- Paul Tiffany – author of Business Plans for Dummies
- Laura Tyson – dean of the Haas School of Business (1998–2001) and the London Business School (2002–2006), chair, President's Council of Economic Advisers, National Economic Council
- Hal Varian – fellow of the Guggenheim Foundation, the Econometric Society, and the American Academy of Arts and Sciences. Since 2007, Hal has been on leave from the Haas School of Business as the Chief Economist at Google.
- David Vogel
- Oliver Williamson – winner of the 2009 Nobel Prize in Economic Sciences and a seminal researcher on transaction cost economics.
- Janet Yellen –  vice chair of the board of governors of the Federal Reserve System; president, Federal Reserve Bank of San Francisco (2004– 2010); chair, President's Council of Economic Advisors (1997–99); member, board of governors of the U.S. Federal Reserve System.
- Scott Galloway (professor), MBA 92, founder of Prophet (company)
- Scott Adams, MBA 86, creator of Dilbert
- Patrick Awuah, MBA 99, founder of Ashesi University and 2015 Macarthur Fellow
- Ralph Bahna, MBA 65, CEO of Cunard Line (1980–1989), chairman of Priceline.com (2004–2013), founder of Club Quarters
- Bengt Baron, BS 85, MBA 88, president, Absolut Vodka
- Richard Blum, BS 59, MBA 59, founder, American Himalayan Foundation
- Amir Blumenfeld, BA 05, comedian, writer, and actor for CollegeHumor
- Michael H. Cohen, MBA, first attorney to become full-time professor at Harvard Medical School
- Rick Cronk, BS 65, chairman and president, Dreyer's Grand Ice Cream (retired)
- Barbara Desoer, MBA 77, president, Consumer Products, Bank of America
- Tom Fanoe, MBA 69, president, Joe Boxer
- Donald Fisher, BS 50, chairman and founder, Gap Inc.
- Michael R. Gallagher, BS 67, MBA 68, CEO, Playtex Products
- Deborah E. Gallegos, MBA 95, CIO, City of New York
- John Garamendi, BS 66, Congressman, former lieutenant governor, State of California
- Barry Gilbert, MBA 77, CEO, Smith & Hawken
- Walter A. Haas, Jr., BS 37, president, CEO, and chairman, Levi Strauss & Co.
- Walter A. Haas, Sr., BS 10, president and chairman, Levi Strauss & Co.
- John Hanke, MBA 96, founder and CEO of Keyhole, Inc., Co-creator and Product Director of Google Earth
- Joe Jimenez, MBA 84, CEO Novartis
- Hemendra Aran, founder and CEO of Aranca Research
- Andrew Rudd, MBA 76, PhD, co-founder and former CEO and chairman of Barra, Inc.
- Richard Lindsey, PhD, former Head of Prime Brokerage and Clearing Services and member of the Management Committee of Bear Stearns, former Chief Economist at the U.S. Securities and Exchange Commission
- Tom Byers, MBA 80, PhD 82, founder and co-director of Stanford Technology Ventures Program; former executive vice president and general manager of Symantec
- Michael Homer, BS 81, chairman and CEO, Kontiki
- N. W. Jasper, MBA 71, president and CEO, Dolby Laboratories
- Allen J. Lauer, MBA 65, chairman, Varian, Inc.
- Cathie Lesjak, MBA 86, CFO, Hewlett-Packard
- Robert Lutz, BS 61, MBA 62, chairman, North America, and vice chairman, product development, General Motors
- Paul Merage, BS 66, MBA 68, Co-founder, Chef America, co-inventor of Hot Pockets, and benefactor of Paul Merage School of Business at the University of California, Irvine
- Michael Milken, BS 68, highly influential in developing the market for junk bonds (a.k.a. "high-yield debt")
- Norman Mineta, BS 53, US Secretary of Transportation
- Sung Nak-Yang, MBA 96, former CEO of Yahoo! Korea
- Shantanu Narayen, MBA 93, CEO of Adobe Systems
- Douglas Ose, BS 77, Congressman
- Paul Otellini, MBA 74, president and CEO Intel
- Rudolph A. Peterson, BS 1925, president and CEO of Bank of America
- John Riccitiello, BS 81, CEO of Electronic Arts, managing director and co-founder of Elevation Partners
- Paul Rice, MBA 96, CEO Transfair USA
- Arun Sarin, MBA 78, ex-CEO, Vodafone
- Peter Schiff, president, Euro Pacific Capital
- Pete Stark, MBA 60, Congressman
- Gordon Stitt, MBA 82, co-founder and CEO of Extreme Networks
- Rha Woong-Bae, PhD 68, former Finance and Economy Minister, Republic of Korea
- Takehiko Nakao, MBA 82, president, Asian Development Bank
|Wikimedia Commons has media related to Haas School of Business.|
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- chair of the board of governors of the Federal Reserve System since February 1, 2014
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