David Eccles School of Business
Encyclopedia
The David Eccles School of Business is located on the University of Utah
University of Utah
The University of Utah, also known as the U or the U of U, is a public, coeducational research university in Salt Lake City, Utah, United States. The university was established in 1850 as the University of Deseret by the General Assembly of the provisional State of Deseret, making it Utah's oldest...

 campus in Salt Lake City, Utah
Salt Lake City, Utah
Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake or SLC. With a population of 186,440 as of the 2010 Census, the city lies in the Salt Lake City metropolitan area, which has a total population of 1,124,197...

. The school was first established in 1896.

History

In 1896 University of Utah business education was part of the Economics and Sociology Department. The needs to expand academic offerings lead the University of Utah to establish the School of Commerce
Commerce
While business refers to the value-creating activities of an organization for profit, commerce means the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural, and technological systems that are in operation in any...

 and 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...

 in 1917. In its first year, 126 students enrolled, over the next 80 years the enrollment figure increased over 25 times. Today, the David Eccles School of Business educates nearly 3,500 students in four departments of study.

In 1927, the name of the school was changed to "School of Business" and course divisions included Accounting, Distribution and Production, Finance, and Economics. In 1933, the first graduate degrees were awarded. The School of Business was officially accredited by the American Association of Collegiate Schools of Business in August 1936. In 1955, the MBA program was instituted at the School of Business. The School's first MBA degrees were awarded in 1957, and its departments were reorganized to Accounting, Finance, Management, and Marketing.

In 1991, the School of Business was named the David Eccles School of Business in honor of David Eccles
David Eccles (businessman)
David Eccles was an American businessman and industrialist who founded many businesses throughout the western United States and became Utah's first multimillionaire.-Biography:...

, who founded 48 businesses in various sectors throughout Utah, Idaho
Idaho
Idaho is a state in the Rocky Mountain area of the United States. The state's largest city and capital is Boise. Residents are called "Idahoans". Idaho was admitted to the Union on July 3, 1890, as the 43rd state....

, Oregon
Oregon
Oregon is a state in the Pacific Northwest region of the United States. It is located on the Pacific coast, with Washington to the north, California to the south, Nevada on the southeast and Idaho to the east. The Columbia and Snake rivers delineate much of Oregon's northern and eastern...

, and Wyoming
Wyoming
Wyoming is a state in the mountain region of the Western United States. The western two thirds of the state is covered mostly with the mountain ranges and rangelands in the foothills of the Eastern Rocky Mountains, while the eastern third of the state is high elevation prairie known as the High...

 during the latter part of the 19th century. A $15 million endowment was given by Eccles youngest daughter, Emma Eccles Jones, to honor her late father's legacy.

Campus

University of Utah Central Campus is located on the bench of the Rocky Mountains
Rocky Mountains
The Rocky Mountains are a major mountain range in western North America. The Rocky Mountains stretch more than from the northernmost part of British Columbia, in western Canada, to New Mexico, in the southwestern United States...

. The geographic location is situated between numerous ski resorts and five national parks.

The David Eccles School of Business is located on the south end of Central Campus. Current business facilities include the Kendall D. Garff Building (KDGB),and the C. Roland Christensen Center (CRCC).

The school has now completed the first phase of a two phase project that will replace the KDGB building. The new buildings will feature more classrooms, better access to technology, and efficient energy solutions. The target for completing the second phase of the project is 2013.

Academics

Eccles' programs also include a 21-month weekend-based Executive MBA program for working professionals with an average minimum of 13 years of full-time work, and a 24-month weeknights-based Professional MBA program for those with a minimum average of nine years of full-time work experience. The EMBA program was rated 33rd in the U.S. by the October 2011 Financial Times, and 25th in the U.S. by Business Week.

Alumni

  • Jerry Atkin
    Jerry Atkin
    Jerry Atkin is currently the Chairman and Chief Executive Officer of SkyWest, Inc., which operates SkyWest Airlines, Inc and Atlantic Southeast Airlines, Inc. He helped consolidate the merger between ASA and Skywest....

    , President and CEO SkyWest Airlines
    Skywest Airlines
    Skywest Airlines Pty Ltd is a regional airline company based in Perth, Western Australia, Australia; servicing key towns in the state of Western Australia, Darwin, Northern Territory and Melbourne, Victoria; as well as charter flights to Bali, Indonesia....

  • Stephen Covey
    Stephen Covey
    Stephen Richards Covey is the author of the best-selling book, The Seven Habits of Highly Effective People. Other books he has written include First Things First, Principle-Centered Leadership, and The Seven Habits of Highly Effective Families. In 2004, Covey released The 8th Habit...

    , Co-founder of FranklinCovey and author of the best-selling book, "The Seven Habits of Highly Effective People"
  • Spencer Eccles
    Spencer Eccles
    Spencer Fox Eccles is a prominent financier and philanthropist in Salt Lake City, Utah and chairman emeritus of the Intermountain Region of Wells Fargo Corporation...

    , former chairman and chief executive officer of First Security Corporation
    First Security Corporation
    First Security Corporation was a multistate bank holding company in the western United States, primarily in Utah, Idaho, New Mexico, Oregon, Nevada, and Wyoming...

  • Robert H. Garff, Ken Garff Corporation
  • Jake Garn
    Jake Garn
    Edwin Jacob "Jake" Garn is an American politician, a member of the Republican Party, and served as a U.S. Senator representing Utah from 1974 to 1993...

    , U.S. Senator
  • Pierre Lassonde, former president of Newmont Mining Corporation and chairman of the World Gold Council
  • J. W. Marriott, Jr., Chairman and CEO of Marriott International
    Marriott International
    Marriott International, Inc. is a worldwide operator and franchisor of a broad portfolio of hotels and related lodging facilities. Founded by J. Willard Marriott, the company is now led by son J.W. Marriott, Jr...

  • Robert A. "Bob" McDonald
    Robert A. "Bob" McDonald
    Robert A. "Bob" McDonald is the current Chairman, President and CEO of Procter & Gamble. He was promoted from within after working for the company for 29 years.-Life and career:...

    , President and CEO, Procter & Gamble
    Procter & Gamble
    Procter & Gamble is a Fortune 500 American multinational corporation headquartered in downtown Cincinnati, Ohio and manufactures a wide range of consumer goods....

  • David Neeleman
    David Neeleman
    David G. Neeleman is a Brazilian-born American entrepreneur who has founded three commercial airlines, Morris Air, JetBlue Airways and Azul Brazilian Airlines.-Biography:...

    , Founder and Chairman, JetBlue Airways
    JetBlue Airways
    JetBlue Airways Corporation is an American low-cost airline. The company is headquartered in the Forest Hills neighborhood of the New York City borough of Queens. Its main base is John F. Kennedy International Airport, also in Queens....

  • John Nogowski, President Paramount Pictures Television
  • Harris Simmons, CEO and Chairman Zions Bancorporation
    Zions Bancorporation
    Zions Bancorporation is a member of the S&P 500, a bank holding company headquartered in Salt Lake City, Utah, USA. Among its subsidiaries are Amegy Bank of Texas, California Bank & Trust, National Bank of Arizona, Nevada State Bank, the Commerce Bank of Oregon, the Commerce Bank of Washington,...

  • Norman H. Wesly, CEO Fortune Brands
    Fortune Brands
    Fortune Brands was a holding company founded in 1969 as American Brands and later renamed in 1997 and split apart in 2011. The corporate headquarters was in Deerfield, Illinois in the United States. The company historically had a significant diversity of product offerings...

  • Jim Sorenson, Founder and Chairman Sorenson Media
    Sorenson Media
    Sorenson Media was established in December 1995 to address market demand for rich online media content by developing innovative, cost-effective video encoding technology that significantly reduced bandwidth requirements while preserving the highest video quality...


See also

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