Mason School of Business
Encyclopedia
The Mason School of Business is the business school at the College of William & Mary in Virginia
. The school, named after alumni and founder of Legg Mason
, Raymond A. "Chip" Mason, in 2005, was ranked in the top 20 MBA programs in 2007 and the top 10 undergraduate programs among public universities. The school offers Full-time MBA, Part-time MBA, Executive MBA, Masters in Accounting and Undergraduate Business Degrees.
The College of William & Mary is consistently ranked among the nation’s top public universities—and it is the best small public university, according to the 2007 annual undergraduate rankings of colleges and universities by U.S. News & World Report
.
Proud traditions of the College include the founding of the national honor society Phi Beta Kappa and the first University Honor Code that inspires alumni, students and members of the College community to lead ethical and moral lives.
The Mason School of Business has deep roots in the history and traditions that has made the College of William and Mary one of the most distinguished liberal arts universities in the nation.
This same commitment to scholarship, service and ethics underscores the mission and curriculum of the Mason School of Business. The School educates the next generation of business leaders by offering a highly personal learning environment that fosters team-building skills, self-reliance, an entrepreneurial spirit and ethical character. This pledge is expressed in the School's educational mission: "To nurture creativity, to mentor high-mindedness, to accelerate ambitions of leadership in our students that they might imagine the great business opportunities of the day and seize them."
The College established the Master of Business Administration (MBA) Program in 1966. In 1968 the Department of Business became the School of Business, and in 1971, the College's Board of Visitors approved the addition of the Bachelor of Business Administration (BBA) undergraduate degree. One in six undergraduate students at the College major or minor in business, making it the most popular major on campus.
The Mason School of Business is an AACSB-accredited school of business. Students are immersed in real business situations throughout the undergraduate and graduate business education programs.
William & Mary's graduate business program the Mason School of Business ranked #55 (#25 among public universities) in the 2010 edition of the U.S. News rankings. Mason's MBA program was ranked #49 by Forbes in 2008, #40 nationally by the Financial Times in 2008 and #17 nationally by the Wall Street Journal.
The Flex MBA, established in 1985, is located at the Peninsula Center in the Oyster Point area of Newport News; the Executive MBA program, established in 1986, is a 20-month program for executives integrating a dynamic curriculum with global business trends taught by faculty with real-world experience. In this highly personalized program, working professionals earn their MBAs by attending classes on weekends; and the Center for Corporate Education provides highly customized solutions to individuals and organizations such as Lean Six Sigma.
, Marketing
, Operations & Information Systems Management
, and Process Management & Consulting
. Students who major in Business are also eligible to concentrate (mini-major) in any of the major fields, plus Entrepreneurship
. It additionally provides minors in the above mentioned majors and Management.
, in fall 2009. Miller Hall was named for William & Mary alumnus, Alan B. Miller, whose accomplishments are described below. It is located at the Corner of Ukrop Way and Jamestown Road at the western edge of campus. The building was designed by renowned architects Robert A.M. Stern in the Georgian style, as is the rest of campus.
Virginia
The Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...
. The school, named after alumni and founder of Legg Mason
Legg Mason
Legg Mason, Inc. is an American-based global investment management firm with a focus on asset management. The company’s business is divided in two divisions: Americas and International...
, Raymond A. "Chip" Mason, in 2005, was ranked in the top 20 MBA programs in 2007 and the top 10 undergraduate programs among public universities. The school offers Full-time MBA, Part-time MBA, Executive MBA, Masters in Accounting and Undergraduate Business Degrees.
The College of William & Mary
Founded in 1693, the College is the second oldest university in the nation and educated many of the nation's Founding Fathers. It ranks consistently among the top 10 public, undergraduate liberal arts colleges in the United States.The College of William & Mary is consistently ranked among the nation’s top public universities—and it is the best small public university, according to the 2007 annual undergraduate rankings of colleges and universities by U.S. News & World Report
U.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...
.
Proud traditions of the College include the founding of the national honor society Phi Beta Kappa and the first University Honor Code that inspires alumni, students and members of the College community to lead ethical and moral lives.
The Mason School of Business has deep roots in the history and traditions that has made the College of William and Mary one of the most distinguished liberal arts universities in the nation.
This same commitment to scholarship, service and ethics underscores the mission and curriculum of the Mason School of Business. The School educates the next generation of business leaders by offering a highly personal learning environment that fosters team-building skills, self-reliance, an entrepreneurial spirit and ethical character. This pledge is expressed in the School's educational mission: "To nurture creativity, to mentor high-mindedness, to accelerate ambitions of leadership in our students that they might imagine the great business opportunities of the day and seize them."
History
In 1919 William & Mary President Julian A.C. Chandler established the Department of Business while expanding the College's sphere of services. The study of business grew in popularity over the 20th Century, with substantial growth after the end of World War II.The College established the Master of Business Administration (MBA) Program in 1966. In 1968 the Department of Business became the School of Business, and in 1971, the College's Board of Visitors approved the addition of the Bachelor of Business Administration (BBA) undergraduate degree. One in six undergraduate students at the College major or minor in business, making it the most popular major on campus.
The Mason School of Business is an AACSB-accredited school of business. Students are immersed in real business situations throughout the undergraduate and graduate business education programs.
Traditional MBA
The full-time MBA program, a 21-month program offering instruction in entrepreneurship, finance, general management, marketing, information technology and operations management. Executive Partners The school’s pioneering model of faculty-executive partnership in and out of the classroom, Career Acceleration Modules, and Leadership Advantage combine to form a highly personalized, experience-based education that is unmatched by most business schools today.William & Mary's graduate business program the Mason School of Business ranked #55 (#25 among public universities) in the 2010 edition of the U.S. News rankings. Mason's MBA program was ranked #49 by Forbes in 2008, #40 nationally by the Financial Times in 2008 and #17 nationally by the Wall Street Journal.
Executive and professional
For the working professional, the school's Executive and Professional Programs (EPP) provides graduate business and continuing business education (non-degree) in a variety of formats:The Flex MBA, established in 1985, is located at the Peninsula Center in the Oyster Point area of Newport News; the Executive MBA program, established in 1986, is a 20-month program for executives integrating a dynamic curriculum with global business trends taught by faculty with real-world experience. In this highly personalized program, working professionals earn their MBAs by attending classes on weekends; and the Center for Corporate Education provides highly customized solutions to individuals and organizations such as Lean Six Sigma.
Masters in Accounting
The Master's in Accounting program (MAcc) , is a one-year program that provides the necessary credit hours and curricular requirements to be eligible to sit for the CPA exam.Undergraduate
The Bachelor's in Business Administration program (BBA) is a two-year program within the College of William & Mary that provides undergraduate business education in five majors: 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...
, 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...
, Operations & Information Systems Management
Management information system
A management information system provides information needed to manage organizations efficiently and effectively. Management information systems involve three primary resources: people, technology, and information. Management information systems are distinct from other information systems in that...
, and Process Management & Consulting
Management consulting
Management consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement....
. Students who major in Business are also eligible to concentrate (mini-major) in any of the major fields, plus Entrepreneurship
Entrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...
. It additionally provides minors in the above mentioned majors and Management.
Campus
The business school is housed on the main campus of William and Mary in Williamsburg. The Mason School of Business moved into its new state-of-art building, Alan B. Miller HallAlan B. Miller Hall
The Alan B. Miller Hall is the new home of the Mason School of Business at the College of William & Mary in Williamsburg, Virginia, United States. The building was designed by prominent modern architect Robert A.M. Stern. The building is currently seeking LEED Certification after adhering to...
, in fall 2009. Miller Hall was named for William & Mary alumnus, Alan B. Miller, whose accomplishments are described below. It is located at the Corner of Ukrop Way and Jamestown Road at the western edge of campus. The building was designed by renowned architects Robert A.M. Stern in the Georgian style, as is the rest of campus.
Graduates
There are now over 10,000 business alumni from the Mason School of Business, including many prominent and highly successful business people in some of the top corporations around the country.Notable alumni
- Kathi Lentzsch, Elephant Pharmacy
- Daniel Ludeman, CEO, Wachovia Securities
- Raymond A. MasonRaymond A. MasonRaymond A. "Chip" Mason is the founder, Chairman and CEO of Baltimore-based investment firm Legg Mason.He founded the brokerage company at age 25, and went public in 1974....
, co-founder, long-time Chairman, President and Chief Executive Officer of Legg MasonLegg MasonLegg Mason, Inc. is an American-based global investment management firm with a focus on asset management. The company’s business is divided in two divisions: Americas and International...
. He now serves as non-executive Chairman. - James "Buck" McCabe, CFO, Chick-fil-AChick-fil-AChick-fil-A |"fillet"]]) is a quick service restaurant chain headquartered in College Park, Georgia, United States, specializing in chicken entrées and is known for promoting the company founder's claims of Christian values. Long associated with the southern United States, where it has been a...
- Alan B. MillerAlan B. MillerAlan B. Miller is a businessman who is the founder of Universal Health Services, Inc., and currently serves as the company's Chairman and Chief Executive Officer . Miller founded the company in 1978 and it has grown to become one of the largest healthcare companies in the nation, with annuals...
, Chairman and President of Universal Health ServicesUniversal Health ServicesUniversal Health Services, Inc. is a Fortune 500 company based in King of Prussia, Pennsylvania. UHS is one of the leading hospital management companies in the United States and operates, through its subsidiaries, acute care hospitals, behavioral health facilities and ambulatory surgery centers in...
, Inc., which he founded in 1978. - C. Michael Petters, CEO, Northrop Grumman Newport NewsNorthrop Grumman Newport NewsNewport News Shipbuilding , originally Newport News Shipbuilding and Drydock Company , was the largest privately-owned shipyard in the United States prior to being purchased by Northrop Grumman in 2001...
- Gary M. Pfeiffer, CFO, E.I. DuPont de Nemours, Inc.DuPontE. I. du Pont de Nemours and Company , commonly referred to as DuPont, is an American chemical company that was founded in July 1802 as a gunpowder mill by Eleuthère Irénée du Pont. DuPont was the world's third largest chemical company based on market capitalization and ninth based on revenue in 2009...
- C. Larry Pope, President and COO, Smithfield FoodsSmithfield FoodsSmithfield Foods, Inc. is the world’s largest pork producer and processor. Headquartered in Smithfield, Virginia, it runs facilities in 26 U.S. states, including the world's largest meat-processing plant in Tar Heel, North Carolina, and has operations in Brazil, China, France, Mexico, Poland,...
- Paul C. SavillePaul C. SavillePaul C. Saville is the President and CEO of NVR, Inc.-Education:* 1977: Received bachelor of arts degree in business administration from the College of William and Mary...
, CEO & President, NVR Inc.
See also
- List of United States business school rankings
- List of business schools in the United States