Georgia Institute of Technology College of Management
Encyclopedia
The College of Management (COM) at the Georgia Institute of Technology
was established in 1934, and is consistently ranked in the top 30 management programs in the nation. It draws its distinction from its roots in a world-renowned technical university.
during the newly created Georgia Board of Regents
' decision to consolidate Georgia's system of higher education. It would later become Georgia State University
.
To meet the need for management training in technology, an Industrial Management degree was established in 1934, with a Master's Degree in the subject becoming the first professional management degree offered in the state 11 years later. The PhD program began in 1970.
In 1989, the College of Management combined with social sciences, humanities, and economics departments to form the Ivan Allen College of Management, Policy and International Affairs. In 1998, the School of Management was spun back into its own college, leaving the Ivan Allen College of Liberal Arts
.
In 1996, Georgia Tech alumnus and restaurateur
Thomas E. DuPree, Jr. pledged a $20 million donation to the College of Management, resulting in the college being named the DuPree College of Management in his honor. DuPree's name was removed from the college in 2004 after it became clear that DuPree would not be able to make the prescribed payment schedule. DuPree had recently resigned as board
chairman
and CEO
of Avado Brands, the parent company of several chain restaurants which had recently filed for Chapter 11 bankruptcy. In a carefully worded statement, Georgia Tech President G. Wayne Clough
remarked that while DuPree's name would be "reluctantly" removed from the college, "We retain the utmost respect for Tom DuPree and all of his remarkable accomplishments and many philanthropic activities." DuPree had donated over $5 million to the college, funding nearly 200 scholarships, and promised to make good on his pledge in the future; , however, and the college's name remains simply the Georgia Tech College of Management.
On November 6, 2009, College of Management received a $25 million donation from an anonymous donor. Georgia Tech said $20 million of the sum is a 1-to-1 challenge grant designed to inspire charitable gifts and commitments from other donors. Fundraising for the challenge is expected to conclude no later than June 30, 2012, though pledge payments may extend up to five years from the date of a participating donor’s commitment. The remaining $5 million will provide funds expendable at the discretion of the College of Management Dean Steve Salbu.
Georgia Tech undertook a $180 million building project in Atlanta called Technology Square
. This new multi-building complex, home to the College of Management, is a fusion of business, education, research, and retail space. The complex also houses The Global Learning Center, Advanced Technology Development Center, Economic Development Institute, Center for Quality Growth and Regional Development as well as the Georgia Tech Hotel and Conference Center. The facilities are located in Midtown Atlanta
next to several major corporate headquarters such as Bellsouth
(AT&T), The Coca Cola Company, Turner Broadcasting System
Inc. and Earthlink
.
The intent of Technology Square is to promote the formation of a high tech business cluster centered around a premier research university. Similar formations have taken place in cities such as Palo Alto and Boston
, both nexuses of thriving high-tech corridors.
On November 24, 2006 the College of Management recently dedicated the state of the art, 2000 square feet (185.8 m²) Ferris-Goldsmith Trading Floor. The trading floor will include fifty-four dual-display computers as well as electronic stock information on the walls, training all levels of management students to use financial analysis and electronic trading tools. Management faculty will use the facility to research improved human performance in trading environments as well as the creation of new financial service models.
The trading floor houses Tech's Quantitative and Computational Finance program.
currently ranks the undergraduate program as number 28 out of the top 50 ranked programs.
The undergraduate program is ranked 44th in BusinessWeek
magazine’s Top 50 list of best undergraduate business programs. Georgia Tech also placed second in the nation for return on investment among public colleges. Among corporate recruiters, Georgia Tech is ranked number 12.
Julian Saul, Former president of Shaw Industries
(Class of '62) has mentioned that his ability to manage a full plate of environmental and competitiveness issues is due in large part to his Georgia Tech experience. "The education gets you prepared to the point where virtually nothing is too big for you. I don't think I've ever had anything in business as hard as final exams at Georgia Tech."
's 2009 rankings of the nation's top full-time Master of Business Administration
(MBA) programs. The program is also one of the top 10 public MBA programs in the country according to the publication's rankings.
The MBA program has a reputation for having a technical/analytical bias in its curriculum. As a strong national program, the Georgia Tech MBA is frequently cited by The Wall Street Journal's Guide to Top Business Schools for its excellence in information technology. In Computerworld
's last ranking of "Techno-MBA" programs (degrees that combine a traditional MBA program with a heavy dose of technology), the Georgia Tech MBA program was ranked in the top 25. Programs in the Computerworld ranking were not assigned a specific numerical order. US News & World Report currently ranks the MBA program for Information Systems at #24.
The program is strong in other specialty areas as well. US News & World Report currently ranks the MBA program for Supply Chain/Logistics at #19 and Production/Operations Management at #14. This is in part due to the leveraging of resources with the Industrial and Systems Engineering program at Georgia Tech. The http://www.isye.gatech.edu/ H. Milton Stewart School of Industrial and Systems Engineering] at Tech has had the #1 graduate program in industrial engineering 17 out of the last 18 years (as of 2007), an achievement almost unheard of in US News & World Report rankings.
The Georgia Tech MBA program has also performed well in the area of finance. In 2006 a team of first-year MBA students at Georgia Tech won first place in a National Finance Case competition sponsored by Citigroup
's Global Consumer Group and Global Wealth Management Business. Senior Citigroup executives judged the contest.
Mimi Wolverton and Larry Edward Penley in their book entitled: Elite MBA Programs at Public Universities: How a Dozen Innovative Schools Are Redefining Business Education , recognized the Georgia Tech MBA program as one of the country's most highly rated business programs.
The MBA program has received many other acknowledgments from leading publications, including Business Week (#23 of Top 50 MBA programs), Forbes
(#21 of Top 25 MBA Programs Among Public Universities, #45 out of top 50 MBA programs worldwide), The Financial Times (#51 US/#80 International of Full-time International MBA Programs), and The Wall Street Journal (#7 of Top 50 Regional Rankings).
The courses listed below provide a general framework for the 54 hours required for an MBA degree. Waivers can be granted and some courses may be taken in alternate semesters, although some classes are only offered once a year. "The 30 hours of elective course work may be satisfied through any combination of 1.5, 2 or 3 hour credit courses. At least 24 hours of electives must be taken in the College of Management. MBA students may take one three-semester hour graduate level independent study or one management graduate level course on a pass/fail basis."
Georgia Institute of Technology
The Georgia Institute of Technology is a public research university in Atlanta, Georgia, in the United States...
was established in 1934, and is consistently ranked in the top 30 management programs in the nation. It draws its distinction from its roots in a world-renowned technical university.
History
Georgia Tech's management program began in 1912 with the creation of a School of Commerce. In 1933 this school was moved to the University of GeorgiaUniversity of Georgia
The University of Georgia is a public research university located in Athens, Georgia, United States. Founded in 1785, it is the oldest and largest of the state's institutions of higher learning and is one of multiple schools to claim the title of the oldest public university in the United States...
during the newly created Georgia Board of Regents
Georgia Board of Regents
The Georgia Board of Regents oversees the University System of Georgia as part of the state government of Georgia in the United States. The University System of Georgia is composed of all state public institutions of higher education.-History:...
' decision to consolidate Georgia's system of higher education. It would later become Georgia State University
Georgia State University
Georgia State University is a research university in downtown Atlanta, Georgia, USA. Founded in 1913, it serves about 30,000 students and is one of the University System of Georgia's four research universities...
.
To meet the need for management training in technology, an Industrial Management degree was established in 1934, with a Master's Degree in the subject becoming the first professional management degree offered in the state 11 years later. The PhD program began in 1970.
In 1989, the College of Management combined with social sciences, humanities, and economics departments to form the Ivan Allen College of Management, Policy and International Affairs. In 1998, the School of Management was spun back into its own college, leaving the Ivan Allen College of Liberal Arts
Ivan Allen College of Liberal Arts
The Ivan Allen College of Liberal Arts at the Georgia Institute of Technology has gradually evolved to contain a wide variety of liberal arts subjects at a school known predominantly for engineering...
.
In 1996, Georgia Tech alumnus and restaurateur
Restaurateur
A restaurateur is a person who opens and runs restaurants professionally. Although over time the term has come to describe any person who owns a restaurant, traditionally it refers to a highly skilled professional who is proficient in all aspects of the restaurant business.-Etymology:The word...
Thomas E. DuPree, Jr. pledged a $20 million donation to the College of Management, resulting in the college being named the DuPree College of Management in his honor. DuPree's name was removed from the college in 2004 after it became clear that DuPree would not be able to make the prescribed payment schedule. DuPree had recently resigned as board
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
chairman
Chair (official)
The chairman is the highest officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office is typically elected or appointed by the members of the group. The chairman presides over meetings of the assembled group and conducts its business in an...
and CEO
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of Avado Brands, the parent company of several chain restaurants which had recently filed for Chapter 11 bankruptcy. In a carefully worded statement, Georgia Tech President G. Wayne Clough
G. Wayne Clough
Gerald Wayne Clough is President Emeritus of the Georgia Institute of Technology and Secretary of the Smithsonian Institution, a position he has held since July 2008...
remarked that while DuPree's name would be "reluctantly" removed from the college, "We retain the utmost respect for Tom DuPree and all of his remarkable accomplishments and many philanthropic activities." DuPree had donated over $5 million to the college, funding nearly 200 scholarships, and promised to make good on his pledge in the future; , however, and the college's name remains simply the Georgia Tech College of Management.
On November 6, 2009, College of Management received a $25 million donation from an anonymous donor. Georgia Tech said $20 million of the sum is a 1-to-1 challenge grant designed to inspire charitable gifts and commitments from other donors. Fundraising for the challenge is expected to conclude no later than June 30, 2012, though pledge payments may extend up to five years from the date of a participating donor’s commitment. The remaining $5 million will provide funds expendable at the discretion of the College of Management Dean Steve Salbu.
Facilities
Georgia Tech undertook a $180 million building project in Atlanta called Technology Square
Technology Square
Technology Square, commonly called Tech Square, is a mixed-use district on the block of Fifth Street between the Downtown Connector and Spring Street in Atlanta, Georgia. Announced in 2000 and opened in 2003, the district was built over previously vacant surface parking lots and has contributed to...
. This new multi-building complex, home to the College of Management, is a fusion of business, education, research, and retail space. The complex also houses The Global Learning Center, Advanced Technology Development Center, Economic Development Institute, Center for Quality Growth and Regional Development as well as the Georgia Tech Hotel and Conference Center. The facilities are located in Midtown Atlanta
Midtown Atlanta
Midtown is the second largest financial district in the city of Atlanta, Georgia, situated between the commercial and financial districts of Downtown and SoNo to the south and the affluent residential and commercial district of Buckhead to the north...
next to several major corporate headquarters such as Bellsouth
BellSouth
BellSouth Corporation is an American telecommunications holding company based in Atlanta, Georgia. BellSouth was one of the seven original Regional Bell Operating Companies after the U.S...
(AT&T), The Coca Cola Company, Turner Broadcasting System
Turner Broadcasting System
Turner Broadcasting System, Inc. is the Time Warner subsidiary managing the collection of cable networks and properties started and acquired by Robert Edward "Ted" Turner starting in the mid-1970s. The company has its headquarters in the CNN Center in Atlanta, Georgia. TBS, Inc...
Inc. and Earthlink
EarthLink
EarthLink , is an Internet service provider headquartered in Atlanta, Georgia, USA. It claims 1.94 million subscribers.- Business :EarthLink provides a variety of Internet connection types, including dial-up, DSL, satellite, and cable. Both dial-up and high speed Internet access are available...
.
The intent of Technology Square is to promote the formation of a high tech business cluster centered around a premier research university. Similar formations have taken place in cities such as Palo Alto and Boston
Boston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...
, both nexuses of thriving high-tech corridors.
On November 24, 2006 the College of Management recently dedicated the state of the art, 2000 square feet (185.8 m²) Ferris-Goldsmith Trading Floor. The trading floor will include fifty-four dual-display computers as well as electronic stock information on the walls, training all levels of management students to use financial analysis and electronic trading tools. Management faculty will use the facility to research improved human performance in trading environments as well as the creation of new financial service models.
The trading floor houses Tech's Quantitative and Computational Finance program.
Undergraduate
The College of Management offers a B.S. in Business Administration. U.S. News & World ReportU.S. News & World Report
U.S. News & World Report is an American news magazine published from Washington, D.C. Along with Time and Newsweek it was for many years a leading news weekly, focusing more than its counterparts on political, economic, health and education stories...
currently ranks the undergraduate program as number 28 out of the top 50 ranked programs.
The undergraduate program is ranked 44th in BusinessWeek
BusinessWeek
Bloomberg Businessweek, commonly and formerly known as BusinessWeek, is a weekly business magazine published by Bloomberg L.P. It is currently headquartered in New York City.- History :...
magazine’s Top 50 list of best undergraduate business programs. Georgia Tech also placed second in the nation for return on investment among public colleges. Among corporate recruiters, Georgia Tech is ranked number 12.
Julian Saul, Former president of Shaw Industries
Shaw Industries
Shaw Industries Group, Inc., a subsidiary of Berkshire Hathaway, Inc., is the world's largest carpet manufacturer with more than $4 billion in annual sales and approximately 25,000 associates worldwide...
(Class of '62) has mentioned that his ability to manage a full plate of environmental and competitiveness issues is due in large part to his Georgia Tech experience. "The education gets you prepared to the point where virtually nothing is too big for you. I don't think I've ever had anything in business as hard as final exams at Georgia Tech."
Reputation & Rankings
Georgia Tech's College of Management rose from 25th to 22nd in U.S. News & World ReportU.S. News & World Report
U.S. News & World Report is an American news magazine published from Washington, D.C. Along with Time and Newsweek it was for many years a leading news weekly, focusing more than its counterparts on political, economic, health and education stories...
's 2009 rankings of the nation's top full-time Master of Business Administration
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...
(MBA) programs. The program is also one of the top 10 public MBA programs in the country according to the publication's rankings.
The MBA program has a reputation for having a technical/analytical bias in its curriculum. As a strong national program, the Georgia Tech MBA is frequently cited by The Wall Street Journal's Guide to Top Business Schools for its excellence in information technology. In Computerworld
Computerworld
Computerworld is an IT magazine that provides information for senior IT leaders. It is published in many countries around the world under the same or similar names. Its publisher is International Data Group. Computerworld serves the needs of IT management via print and online...
's last ranking of "Techno-MBA" programs (degrees that combine a traditional MBA program with a heavy dose of technology), the Georgia Tech MBA program was ranked in the top 25. Programs in the Computerworld ranking were not assigned a specific numerical order. US News & World Report currently ranks the MBA program for Information Systems at #24.
The program is strong in other specialty areas as well. US News & World Report currently ranks the MBA program for Supply Chain/Logistics at #19 and Production/Operations Management at #14. This is in part due to the leveraging of resources with the Industrial and Systems Engineering program at Georgia Tech. The http://www.isye.gatech.edu/ H. Milton Stewart School of Industrial and Systems Engineering] at Tech has had the #1 graduate program in industrial engineering 17 out of the last 18 years (as of 2007), an achievement almost unheard of in US News & World Report rankings.
The Georgia Tech MBA program has also performed well in the area of finance. In 2006 a team of first-year MBA students at Georgia Tech won first place in a National Finance Case competition sponsored by Citigroup
Citigroup
Citigroup Inc. or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate...
's Global Consumer Group and Global Wealth Management Business. Senior Citigroup executives judged the contest.
Mimi Wolverton and Larry Edward Penley in their book entitled: Elite MBA Programs at Public Universities: How a Dozen Innovative Schools Are Redefining Business Education , recognized the Georgia Tech MBA program as one of the country's most highly rated business programs.
The MBA program has received many other acknowledgments from leading publications, including Business Week (#23 of Top 50 MBA programs), Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
(#21 of Top 25 MBA Programs Among Public Universities, #45 out of top 50 MBA programs worldwide), The Financial Times (#51 US/#80 International of Full-time International MBA Programs), and The Wall Street Journal (#7 of Top 50 Regional Rankings).
Format
Georgia Tech's MBA program is a two year degree consisting of one year of required courses and another year of mostly elective courses. Students can choose to focus in accounting, finance, IT management, international business, marketing, operations management, organizational behavior, and strategic management.The courses listed below provide a general framework for the 54 hours required for an MBA degree. Waivers can be granted and some courses may be taken in alternate semesters, although some classes are only offered once a year. "The 30 hours of elective course work may be satisfied through any combination of 1.5, 2 or 3 hour credit courses. At least 24 hours of electives must be taken in the College of Management. MBA students may take one three-semester hour graduate level independent study or one management graduate level course on a pass/fail basis."
| 1st Semester | 2nd Semester | 3rd Semester | 4th Semester | |||
|---|---|---|---|---|---|---|
| Financial Management | 3 hrs. | Strategic Management | 2 hrs. | Legal Environment & Business Ethics | 3 hrs. | International Management Elective |
| IT Management | 2 hrs. | Integrative Management Experience | 1 hr. | Elective | Elective | |
| Fin. & Managerial Accounting | 3 hrs. | Micro & Macroeconomics | 3 hrs. | Elective | Elective | |
| Leadership and Org. Behavior | 3 hrs. | Marketing Management | 3 hrs. | Elective | Elective | |
| Analytical Tools | 3 hrs. | Operations Management | 3 hrs. | |||
| Business Communications | 1 hrs. | Elective | ||||
| Career Development | Audit |
Notable College of Management Alumni
See also
- List of United States business school rankings
- List of business schools in the United States