Olin Business School

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Olin Business School at Washington University in St. Louis
WashUShielding.svg
Motto Creating knowledge... Inspiring individuals... Transforming business.
Type Private
Established 1917
Endowment $249 million[1]
Dean Mahendra Gupta
Academic staff
127
Undergraduates 763
Postgraduates 1,185
Location St. Louis, Missouri, USA
38°38′53″N 90°18′42″W / 38.64810°N 90.31162°W / 38.64810; -90.31162Coordinates: 38°38′53″N 90°18′42″W / 38.64810°N 90.31162°W / 38.64810; -90.31162
Website http://www.olin.wustl.edu
The Knight Executive Education Center is a part of the Olin Business School.

The Olin Business School is one of seven academic schools at Washington University in St. Louis. Founded in 1917, the business school was renamed for entrepreneur John M. Olin in 1988. The school offers BSBA, Master of Business Administration (MBA), MS in Supply Chain Management, MS in Finance, Masters in Accounting, MS in Customer Analytics, MS in Leadership, Executive MBA, Doctor of Business in Finance (DBA) and PhD degrees. In 2002, an Executive MBA program was established in Shanghai, in cooperation with Fudan University.

The Olin Business School includes the 80,000 sq ft (7,400 m2) Simon Hall, whose 1986 construction was largely funded by a gift from John E. Simon; Knight and Bauer Halls, whose 2014 construction was largely funded by gifts from Charles F. And Joanne Knight and George and Carol Bauer; and the Charles F. Knight Executive Education and Conference Center, all on the Danforth Campus.

Olin has a network of about 19,190 alumni across the world.[2] In the late 2000s, the business school’s endowment rose to $249 million (2007); annual gifts averaged $12 million per year.

On July 1, 2009, the school took over management of the Brookings Institute's executive management program.[3]

Business school rankings
U.S. undergraduate business
Bloomberg Businessweek[5] 25[4]
U.S. News & World Report[6] 14
U.S. MBA
Bloomberg Businessweek[7] 26
Forbes[8] 31
U.S. News & World Report[9] 19 (full-time)
24 (part-time)
Worldwide MBA
Financial Times[10] 72

Programs[edit]

BSBA Program[edit]

At Olin, undergraduate students are admitted directly into the BSBA program as freshmen.

To graduate, students must complete a minimum of 120 units of coursework.[11] 40% of classes must be outside the areas of business. Students can choose from eight different business majors: Accounting, Economics and Strategy, Entrepreneurship, Finance, Healthcare Management, Marketing, Leadership and Strategic Management, and Operations and Supply Chain Management. Olin students can also minor in International Business, the Business of Entertainment, or the Business of Sports Management.[12]

Students declare their business administration major (or majors) during their sophomore year. Students can also earn a second major or minor from one of the university’s other schools, such as the College of Arts & Sciences, School of Engineering & Applied Science, or Sam Fox School of Design & Visual Arts.

Nonbusiness students from other WUSTL schools also can minor in the following business fields: Accounting, Business Economics, Business of Sports, Entrepreneurship, Finance, General Business, Healthcare Management, International Business, Leadership, Marketing, Operations and Supply Chain Management, and Strategy.[13]

MBA Program[edit]

Olin has four main rounds and after June they have rolling admissions.

The MBA curriculum requires completion of 66 credit hours, nearly two-thirds of which are elective courses selected by the student. The fall semester of year one focuses on critical thinking, leadership, career strategy, and the major functional areas of business. During the spring semester of year one and throughout year two, students take mostly elective courses of their choosing, often following the guidelines of concentration areas that help students navigate the curriculum toward their career goals. Elective courses include semester-long (3 credit) courses, six week “mini” (1.5 credit) courses, and work-study positions. Olin MBAs can also take up to nine credits of approved coursework from other graduate programs at Washington University.

Exchange Programs[edit]

MBA students can choose to study one semester at Manchester Business School in the United Kingdom, Hong Kong University of Science & Technology in Hong Kong; Otto Beisheim Graduate School of Management at WHU-Koblenz in Koblenz, Germany; École Management de Lyon (EM Lyon) in Lyon, Paris Dauphine University, France; the Institute for Advanced Studies in Administration (IESA) in Caracas, Venezuela; ESADE (Escuela Superior De Administracion Y Direccion De Empresas) in Barcelona, Spain; Bocconi University in Milan, Italy or the Indian Institute of Management Ahmedabad and Indian Institute of Management Calcutta in India.

Executive Education Program[edit]

The Executive MBA Program in Kansas City

The school's Executive Programs group is in the Charles F. Knight Executive Education Center on the Danforth Campus. The school also maintains Executive MBA programs in Denver, Kansas City, Missouri, Shanghai (at Fudan University), and Mumbai (at Indian Institute of Technology in Bombay, Shailesh J. Mehta School of Management). [14]

Specialized Masters Programs[edit]

Specialized Masters business degrees can typically be completed in three semesters. Three programs — Master of Science in Supply Chain Management (MSSCM), Master of Science in Customer Analytics (MSCA), and Master of Science in Finance-Quantitative Finance (MSFQ) — hold STEM (Science, Technology, Engineering and Mathematics) designations.[15] The Master of Accounting (MACC) can be structured to meet CPA exam eligibility requirements. The MSF program also offers tracks in Corporate Finance & Investments (MSFC) and a four- to six-semester Global Masters (GMF) that pairs the MSF degree with a second program at one of our partner institutions.[16] The Financial Times ranks Olin's MSF program third in the United States and 27th in the world.[17]

Doctoral Program[edit]

The PhD program emphasizes economics, quantitative methodology, mentoring by faculty, preparing students for careers in scholarship and teaching. There are usually 50 students enrolled in the Ph.D program. A DBA in finance also is offered for individuals pursuing applied research in corporations, banks, government and consulting.[18]

Overall Enrollment (2015)[edit]

Program Enrollment
Full-Time MBA 283
BSBA 931
PMBA 307
EMBA- St. Louis 205
EMBA - Shanghai 81
MS Finance 76
MS/SCM 19
PhD/DBA 57/9

Resources[edit]

Kopolow Business Library[edit]

The Kopolow Business Library offers Dow Jones Interactive, Lexis/Nexis, InfoTrac, and ABI, as well as databases provided by Moody's, Standard & Poor's, Hoover's, and Disclosure. The library also receives real-time stock and other market information through the Bloomberg and Bridge Information systems. It holds around 30,000 books and subscribes to more than 400 business journals, magazines, and newspapers.

Olin Cup[edit]

  • The Olin Cup is an annual event held to promote learning and collaboration leading to the creation of new business ventures. Winners of the competition receive up to $50,000 to help establish a business. (Academic credit is not awarded.) Since 2005, the Competition has also awarded $5,000 to the winning student team. All Washington University students and alumni as well as the local business community may compete, but the final prize goes only to teams with at least one current Washington University student or alumnus. Ventures that are Washington University student-owned (at least 51%) or student-supported are also eligible for the $5,000 student prize.

Research Centers[edit]

Research Centers at Olin Business School include:

  • Boeing Center for Technology, Information and Manufacturing discovers, develops, and helps bring to practice world-leading capabilities in technology, information and manufacturing.
  • Wells Fargo Advisors Center for Finance and Accounting Research concerns the dissemination of cutting-edge research in finance and accounting by encouraging our faculty, students, and companies to work more closely together.
  • Center for Customer Analytics and Big Data offers opportunities for faculty, students, and companies to collaborate on analysis and research.
  • Center for Research in Economics and Strategy supports scientific research employing state-of-the-art analytical or empirical methods.

Notable Alumni[edit]

Adventurer and businessman Steve Fossett.

References[edit]

  1. ^ http://www.olin.wustl.edu/about/facts.cfm
  2. ^ http://www.olin.wustl.edu/aboutolin/Pages/default.aspx
  3. ^ http://www.brookings.edu/media/NewsReleases/2009/0421_execed_washington_univ.aspx
  4. ^ http://www.bloomberg.com/features/2016-best-undergrad-business-schools/
  5. ^ "The Complete Ranking: Best Undergraduate Business Schools". Bloomberg Businessweek. 2014. Retrieved 2016-02-06. 
  6. ^ "Best Undergraduate Business Programs Rankings". U.S. News & World Report. 2015. Retrieved 2016-02-06. 
  7. ^ "Best Business Schools 2015". Bloomberg Businessweek. 2015. Retrieved 2016-02-06. 
  8. ^ "The Best Business Schools". Forbes. 2015. Retrieved 2016-02-06. 
  9. ^ "Best Business Schools". U.S. News & World Report. 2015. Retrieved 2016-02-06. 
  10. ^ "Global MBA Ranking". Financial Times. 2016. Retrieved 2016-02-06. 
  11. ^ http://olin.wustl.edu/EN-US/academic-programs/bs-business-administration/academics/Pages/curriculum.aspx
  12. ^ http://olin.wustl.edu/EN-US/academic-programs/bs-business-administration/academics/Pages/majors.aspx
  13. ^ http://olin.wustl.edu/EN-US/academic-programs/bs-business-administration/academics/Pages/options-for-nonBSBAs.aspx
  14. ^ http://www.olin.wustl.edu/EN-US/executive-programs/Pages/default.aspx
  15. ^ http://www.olin.wustl.edu/EN-US/academic-programs/specialized-masters-programs/Pages/default.aspx
  16. ^ http://www.olin.wustl.edu/EN-US/academic-programs/specialized-masters-programs/MS-finance/Pages/default.aspx
  17. ^ http://rankings.ft.com/businessschoolrankings/masters-in-finance-pre-experience-2015
  18. ^ http://www.olin.wustl.edu/ACADEMICPROGRAMS/DBA/Pages/default.aspx

External links[edit]