Isenberg School of Management
Logo of Isenberg School of Management
|School of Management (1982-1997)
School of Business Administration (1947-1982)
|Type||Public Business school|
|Endowment||$31.06 million (FY 2015)[a]|
|Location||Amherst, Massachusetts, United States
|Affiliations||University of Massachusetts Amherst|
The Isenberg School of Management is the business school at the University of Massachusetts Amherst, the flagship campus for the University of Massachusetts system, located in Amherst, Massachusetts, United States. The Isenberg School is accredited by the AACSB International and ACPHA.
The school offers seven undergraduate majors along with MS, MBA and Ph.D. programs. As of the 2014-2015 academic year, there were approximately 3500 undergraduate students and 1300 graduate students enrolled in the Isenberg School of Management. Isenberg students have wide access to campus resources including over 30 student organizations in the Isenberg School itself, and many more across campus. The school also has a dedicated Chase Career Center, a career and professional development resource tailored especially for the needs of business students.
- 1 History
- 2 Rankings
- 3 Academics
- 4 MBA program
- 5 Isenberg Fellows Residential Academic Program (RAP)
- 6 Isenberg Honors Residential Academic Program (RAP)
- 7 Research
- 8 Student Clubs & Organizations
- 9 Donor programs
- 10 Notable alumni, faculty, and staff
- 11 See also
- 12 References
- 13 External links
Business courses were first offered at the Massachusetts Agricultural College in the early years of the twentieth century, expanding rapidly during the 1930s and 1940s in response to student demand. The Board of Trustees established the School of Business Administration in 1947, and within seven years, it was conferring graduate degrees, including doctorates after 1967. The school was accredited at the undergraduate level by the Association to Advance Collegiate Schools of Business in May 1958, and in March 1959, the Board of Trustees authorized the establishment of four academic departments within the school: Accounting, General Business and Finance, Management, and Marketing. In September 1967, a program leading to the degree of Doctor of Philosophy in Business Administration was introduced.
In 1964, the school moved to its current building in the heart of the UMass Amherst campus. In 1983, the School of Business Administration changed its name to School of Management. The Isenberg School of Management was named after Eugene Isenberg in 1998. Gene was Chairman and CEO of Nabors Industries at the time, a world leader in gas and petroleum drilling. Gene's gift with his wife, Ronnie, was the largest contribution from an individual in UMass Amherst's history. The Isenberg's gift facilitated the school's campaign to build its 42,000-square-foot Harold Alfond Management Center addition, and established several endowed chairs for the campus.
The business school is currently undergoing 70,000-square-foot expansion for a $62 million project to add classrooms, labs, and student-facing spaces. It is set to open in 2019 and is built by architects-Boston-based Goody Clancy and Bjarke Ingels Group (Big) of New York and Denmark.
|Business school rankings|
|Financial Times||3 (Online)|
|Bloomberg Businessweek||66 (Part-time)|
|U.S. News & World Report||74 (full-time)
|U.S. News & World Report||48|
The Isenberg School was rated 11th overall (6th among publics) on BusinessWeek's 2014 Employer Survey which measured recruiter perceptions of which programs turned out the best graduates.
Undergraduate and Graduate
Isenberg School has been ranked number one undergraduate public business school in the Northeastern United States.[b] The school's undergraduate business program was ranked by BusinessWeek in 2016 as the 33rd best program in the country, and the 14th best among public universities. Poets & Quants ranked Isenberg 34th among Top 50 Undergraduate B-Schools for year 2016.
At the MBA level, U.S. News and World Report ranked the full-time program 74th overall, and 41st among publics for 2015; the part-time MBA 16th overall, and 9th among publics in 2015; The online MBA for 2017 is ranked at 12th and 11th among publics in 2016—and the largest online MBA among the top 25 institutions.
McCormack Department of Sport Management has been ranked #4 graduate-level sport management program in the world for 2016 by Sports Business International. The notability of the department has also been mentioned by Forbes magazine.
Hospitality & Tourism Management Department was ranked #19 in the world for 2015 by CEOWORLD magazine.
Post Graduate Doctorate programs
Isenberg offers full-time, online and part-time programs for its AACSB-accredited MBA degree. Isenberg also awards M.S. degrees in Accounting and Sport Management.
The full-time MBA is a two-year residency program at the UMass Amherst flagship campus. The first-year curriculum focuses on core business disciplines with thematic strength in business analytics, organizational problem solving, and change management; the second year includes consulting/practicum projects, as well as elective courses that allow students to build a focus in areas such as Finance (in areas such as investment management, risk and compliance), Marketing (analytics and public policy), Healthcare Administration, Sport Management, or Entrepreneurship. Isenberg also offers Dual MBA/MS degrees in six disciplines: Public Policy and Administration, Sport Management, Civil Engineering, Environmental Engineering, Industrial Engineering, and Mechanical Engineering.
The part-time MBA can be taken in face to face satellite locations in Boston, Shrewsbury or Springfield, as well as fully online.
Isenberg Fellows Residential Academic Program (RAP)
The Isenberg Fellows RAP is divided into two different groups. Students of the Business in Society Fellows will explore how businesses operate in and impact a community. It will highlight the social responsibilities that businesses have, including ethics and community service. The other group is called the Diversity & International Business Fellows, and these students will learn about the global and diversity issues that businesses are facing today.
Isenberg Honors Residential Academic Program (RAP)
The Isenberg Honors RAP has similar features and benefits to the Fellows RAP, but is specifically geared toward students who are both a member of the Isenberg School of Management and also the Commonwealth Honors College. Students will live together with other members of the RAP and also take a year-long seminar led by the Isenberg School of Management Undergraduate Dean.
The Isenberg School of Management host numerous Research Centers including;
- Berthiaume Center for Entrepreneurship
- McCormark Center for Sports Research and Education (MCSRE)
- Center for International Securities and Derivatives Markets (CISDM)
- Massachusetts Small Business Development Center
- Virtual Center for Supernetworks
Students have over thirty organizations to choose from at the Isenberg School. Each student organization is paired with a faculty advisor and receives support from the entire Isenberg School community.
The Berthiaume Center for Entrepreneurship, endowed in 2014 by Douglas and Diana Berthiaume as part of a $10 million gift, plays a central role in promoting entrepreneurship and innovation across the UMass Amherst campus and throughout the region and state. Headquartered in the Isenberg School of Management, the center serves as a hub of a cross-campus network of scholars, innovators, and entrepreneurs, with a three-fold mission of supporting research, education, and practice, all targeted at facilitating the transformation of ideas into business realities.
Notable alumni, faculty, and staff
Prominent Isenberg alumni
- Sheila Bair, retired Visiting Professor of Finance, former Chairperson of the U.S. FDIC
- Thomas Schneeweis, retired Michael and Cheryl Philipp Professor of Finance
Current Endowed Professors and Chairs
- Chris Agoglia, Richard Simpson Endowed Professor of Accounting
- Steven Floyd, Eugene M. Isenberg Professor of Innovation and Entrepreneurship
- Mark A. Fuller, Thomas O'Brien Endowed Chair
- Hossein Kazemi, Michael and Cheryl Philipp Professor of Finance
- Charles Manz, Nirenberg Professor of Leadership
- Anna Nagurney, John F. Smith Memorial Professor of Operations Management
- James Theroux, Flavin Family Chair in an Entrepreneurship
- Traci J. Hess, Douglas and Diana Berthiaume Endowed Professor
- As of FY 2015, the total endowment of the business school is $31,061,074. The total operating budget has been $38,208,911 for 2015-2016. The figures and the financial data reports are from Isenberg School's Dean's Report 2015-2016.
- As per, Bloomberg Businessweek’s 2016 Undergraduate Business School Rankings.
- List of United States graduate business school rankings
- List of business schools in the United States
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- MBA & Masters degree programs at Isenberg
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