Carroll School of Management
Encyclopedia
Established in 1938, The Wallace E. Carroll School of Management, or "CSOM", as it is colloquially known, is the business school of Boston College
, in Chestnut Hill
, Massachusetts
, United States
.
The school offers B.S., M.B.A.
, 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.
, was built in the late 1940s to accommodate it.
, 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.
Statistics for the class of 2011:
$98,298
Employment by Industry
Financial Services 32%
Consumer Products 16%
Consulting 13%
Other Services 12%
Technology 5%
Health Care Services 14%
Media/Entertainment 3%
Real Estate 5%
Employment by Function
Finance/Accounting 40%
Marketing/Sales 25%
Consulting 5%
General Management 8%
Operations/Logistics 5%
Other Services 15%
MIS 2%
2011 U.S. News & World Report: #20, Finance MBA Rankings
2011 Businessweek: #16, Best Undergraduate Business Programs
Boston College
Boston College is a private Jesuit research university located in the village of Chestnut Hill, Massachusetts, USA. The main campus is bisected by the border between the cities of Boston and Newton. It has 9,200 full-time undergraduates and 4,000 graduate students. Its name reflects its early...
, in Chestnut Hill
Chestnut Hill
-Geography:* Chestnut Hill, Cumbria, England* Chestnut Hill, Massachusetts, United States* Chestnut Hill Cove, Maryland, United States* Chestnut Hill, Philadelphia, Pennsylvania, United States* Chestnut Hill, West Virginia, United States...
, Massachusetts
Massachusetts
The Commonwealth of Massachusetts is a state in the New England region of the northeastern United States of America. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. As of the 2010...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
.
The school offers B.S., M.B.A.
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
, Ph.D degrees, in addition to M.S.
Master of Science
A Master of Science is a postgraduate academic master's degree awarded by universities in many countries. The degree is typically studied for in the sciences including the social sciences.-Brazil, Argentina and Uruguay:...
degrees in both finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
and accounting, along with joint degree programs with Boston College's other schools.
History
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 HallFulton Hall
Fulton Hall is a building on the campus of Boston College that housesthe School of Business Administration .-History:...
, was built in the late 1940s to accommodate it.
Admissions
Prospective CSOM candidates apply directly to the school during their senior year of high school, either through the Early Action or Regular Decision process. While the university does not release the acceptance rate for its business school applicants, the acceptance rate for the university as a whole was 26% for the Class of 2012. Students of Boston College's other undergraduate divisions may transfer into CSOM, through a rigorous application process. However, it must be noted that not all transfer applicants are accepted.Academics
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 encompassess courses in accounting, financeFinance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
, operations management
Operations management
Operations management is an area of management concerned with overseeing, designing, and redesigning business operations in the production of goods and/or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as little resources as needed, and...
, marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...
and economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
.
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
Plato
Plato , was a Classical Greek philosopher, mathematician, student of Socrates, writer of philosophical dialogues, and founder of the Academy in Athens, the first institution of higher learning in the Western world. Along with his mentor, Socrates, and his student, Aristotle, Plato helped to lay the...
, Aristotle
Aristotle
Aristotle was a Greek philosopher and polymath, a student of Plato and teacher of Alexander the Great. His writings cover many subjects, including physics, metaphysics, poetry, theater, music, logic, rhetoric, linguistics, politics, government, ethics, biology, and zoology...
, Immanuel Kant
KANT
KANT is a computer algebra system for mathematicians interested in algebraic number theory, performing sophisticated computations in algebraic number fields, in global function fields, and in local fields. KASH is the associated command line interface...
, and Ayn Rand
Ayn Rand
Ayn Rand was a Russian-American novelist, philosopher, playwright, and screenwriter. She is known for her two best-selling novels The Fountainhead and Atlas Shrugged and for developing a philosophical system she called Objectivism....
. 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.
Admissions
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
Academics
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
Career
Average Total Compensation for MBA Class of 2009:$98,298
Employment by Industry
Financial Services 32%
Consumer Products 16%
Consulting 13%
Other Services 12%
Technology 5%
Health Care Services 14%
Media/Entertainment 3%
Real Estate 5%
Employment by Function
Finance/Accounting 40%
Marketing/Sales 25%
Consulting 5%
General Management 8%
Operations/Logistics 5%
Other Services 15%
MIS 2%
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 Organizational StudiesOrganizational studiesOrganizational studies, sometimes known as organizational science, encompass the systematic study and careful application of knowledge about how people act within organizations...
Departments
CSOM is organized into seven academic departments, as listed below:- Accounting
- Business Law
- Finance
- Information Systems
- Marketing
- Operations and Strategic Management
- Organization Studies
Research centers and executive programs
CSOM is home to six research centers and four executive programs.Research centers
- Center for Asset Management
- Center for Corporate CitizenshipBoston College Center for Corporate CitizenshipThe Center for Corporate Citizenship at Boston College is a membership-based research and education center in the Carroll School of Management. The Center provides knowledge and learning opportunities designed to help executives, managers and employees advance positive corporate citizenship from...
- Center For Investment Research And Management
- Center for Retirement Research
- Winston Center for Leadership and Ethics
- Center for Work and Family
Executive programs
- Office of Corporate Government and Affairs
- Boston College Business Institute
- Boston College International Business Initiative
- Leadership for Change
Notable Alumni
- Jay Hooley, CEO of State Street Corporation
- Ronald LogueRonald LogueRonald E. Logue is Chairman of the Board of State Street Corporation , formerly Chief Executive Officer as Jay Hooley assumed that title March 1, 2010 in addition to his role as President. Logue was appointed Chairman and Chief Executive Officer in 2004. Prior to that he held a number of...
, '74 - former CEO of State Street Corporation - Richard Meelia, '71 - Chairman & CEO of CovidienCovidienCovidien , formerly Tyco Healthcare, is a healthcare device and supply company, incorporated in Dublin, Ireland, although its corporate offices are located in Mansfield, Massachusetts. On June 29, 2007, Covidien became an independent publicly traded company after being spun off from Tyco...
- John KerryJohn KerryJohn Forbes Kerry is the senior United States Senator from Massachusetts, the 10th most senior U.S. Senator and chairman of the Senate Foreign Relations Committee. He was the presidential nominee of the Democratic Party in the 2004 presidential election, but lost to former President George W...
, '76 - U.S Senator - Scott BrownScott BrownScott Brown is a United States senator.Scott Brown may also refer to:-Sportsmen:*Scott Brown , American college football coach of Kentucky State...
, '85 - U.S senator from Massachusetts
Rankings
2011 U.S. News & World Report: #34, Overall MBA Rankings2011 U.S. News & World Report: #20, Finance MBA Rankings
2011 Businessweek: #16, Best Undergraduate Business Programs
See also
- List of United States business school rankings
- List of business schools in the United States