Peter F. Drucker and Masatoshi Ito Graduate School of Management
|Motto||"The Best Way to Predict the Future is to Create It"|
|Type||Private business school|
|Claremont Graduate University|
The Peter F. Drucker and Masatoshi Ito Graduate School of Management, or more commonly, the Drucker School of Management, is the business school of Claremont Graduate University, which is a member of the Claremont Colleges. The school is named in honor of Peter Drucker, who taught management at the school for over 30 years.
In 1971 Peter Drucker left New York University and settled in California, where he developed the MBA program for working professionals at Claremont Graduate School, now Claremont Graduate University or CGU. The university first opened its doors in 1925 and is the oldest all-graduate institution in the United States, with many notable alumni in different fields all over the world. The university established the Peter F. Drucker Graduate Management Center in his honor in 1987 (a decade later it would change from a management center to a management school). He taught his last class at the school in the spring of 2002.
Masatoshi Ito provided an initial $3 million gift to help build the school’s current home and a subsequent $20 Million gift to assist the School with its future strategic plans. In January 2004, Ito’s name was added to the school's name, becoming the Peter F. Drucker and Masatoshi Ito Graduate School of Management.
The school adheres to Drucker's philosophy that management is a liberal art, taking into account not only economics, but also an ethical, holistic dimension that includes history, social theory, law, and the sciences.
Drucker School of Management is located in Claremont, California in Los Angeles County. In 2016, the Drucker School launched a second campus location in downtown Los Angeles. Claremont ranked No. 5 on Money Magazine's list of the "Best Places to Live" in a 2007 Money Magazine ranking of the top 100 towns and cities in America. They called Claremont "the City of Trees and PhDs," as they placed them 1st in the West. The Burkle Building is home to both the Drucker School and the Drucker Institute.
Drucker School of Management includes the following programs: Master of Business Administration (MBA); Fully-Employed (part-time) MBA; Executive MBA; Master of Science in Financial Engineering; Masters in Arts Management; Masters in Science in Advanced Management; and PhD Program. The School also offers several joint programs: MBA/JD, Masters of Arts in Politics, Economics and Business, and MBA/Public Health. Through The Robert Day School, a part of CMC, the Drucker School offers the latter part of a BA/MBA program.
The Drucker School has a program in Oxford University for 12 days and another that visits Hong Kong for the same amount of time. It also offers exchange programs with Hitotsubashi University in Japan, University of St. Gallen in Switzerland, Inha University in South Korea, and Rotterdam School of Management, Erasmus University at Erasmus University Rotterdam in the Netherlands.
|Business school rankings|
|U.S. News & World Report||63|
The Drucker School has fallen out of the U.S. News & World Report Best Business School rankings.
- Jean Lipman-Blumen – President of the Connective Leadership Institute and author of several books, including "The Connective Edge: Leading in an Interdependent World" and "The Allure of Toxic Leaders." She received her PhD from Harvard.
- Bernie Jaworski – Prior to joining the Drucker School, he served as a full professor of marketing at the University of Southern California and as a visiting professor at the Harvard Business School. He is also the co-author of four books about e-commerce. He received his PhD from the Joseph Katz Graduate School of Business at the University of Pittsburgh.
- Hideki Yamawaki – His most recent book is "Japanese Exports and Foreign Direct Investment: Imperfect Competition in International Markets" and served as the Drucker School's associate dean from 2006 to 2009 and as academic dean from 2009 to 2012. Previously he served as a professor of economics at the Universite Catholique de Louvain in Belgium.
- Vijay Sathe – Professor of the Harvard Business School for ten years prior to the Drucker School of Management. The author of Corporate Entrepreneurship: Top Managers and New Business Creation. Currently also a Professor for the IMD MBA program in Europe during the summer.
- Henry Schellhorn – He is an associate professor of mathematics and the academic director of the Drucker School's Financial Engineering program.
- Jenny Darroch - Henry Y. Hwang Dean of the Drucker School, author of "Marketing Through Turbulent Times" and "Why Marketing to Women Doesn’t Work." She is also Professor of Innovation, Entrepreneurship & Marketing.
- Jeremy Hunter - He serves as an associate professor of practice and is the founding director of the school's Executive Mind Institute, which examines the relationship between mindfulness and management.
Alumni of the school include Robert Coe, Senior Vice President at Morgan Stanley; Shuming Zhao, Business School Dean at the University of Nanjing; Brad Adams, CEO and Chairman of Sunstone Systems International; Colin Forkner, CEO, Pacific Coast National Bank; Rajiv Dutta (deceased) Chief Financial Officer, eBay and President, Skype; Tawni Cranz, former Chief Talent Officer at Netflix, Inc.; Junro Ito, Executive Officer and Director at Seven & i Holdings Co.; Sirena Liu, Managing Director, China at 20th Century Fox; Mark Hatch, CEO & Co-Founder at Techshop; Saori Casey, Vice President of Corporate Financial Planning and Analysis at Apple Inc.
- "Flame Fall 2004" (PDF). Cgu.edu. November 30, 2006. Retrieved January 1, 2012.
- "Drucker Homepage". Cgu.edu. November 30, 2006. Retrieved January 1, 2012.
- "Money Magazine Ranking". CNN. Retrieved January 1, 2012.
- "Drucker Institute". Drucker Institute. Retrieved January 1, 2012.
- "2019 Best Business Schools Rankings". U.S. News & World Report. Retrieved September 25, 2019.
- "U.S. News & World Report Best Business School Rankings 2016". Retrieved June 10, 2016.