Myers University
Encyclopedia
Chancellor University is a private, for-profit university
located in Cleveland, Ohio
. The school was originally founded in 1848 as Folsom's Mercantile College to teach basic bookkeeping and business skills. It has undergone several changes of name and ownership during its history.
system, the Cleveland school used the Bryant and Stratton name until 1867, when it took the name Union Business School to celebrate the Union's Civil War
victory. The University in Cleveland was later renamed Spencerian College for one of its most illustrious administrators, Platt R. Spencer, educator and originator of Spencerian penmanship. The earliest curriculum was limited to the development of practical skills, such as penmanship, bookkeeping, and telegraphy. The most notable alumnus of Chancellor University is Cleveland native John D. Rockefeller
, who attended the school when it was known as Folsom's Business College.
In 1896, Frank L. Dyke, a former Spencerian professor, founded Dyke School of Commerce, dedicated to preparing young women for business careers. Dyke School of Commerce and Spencerian College operated separately for many years until the exigencies of World War II
prompted President Jay R. Gates to merge the two schools in 1942. For a time the combined institution was known as Dyke and Spencerian College.
From 1941 to 1994, the school was known as Dyke College. After World War II
, as college degrees became common in the business world, the college modified its academic programs to stress the attainment of the broader-based Bachelor of Science, Associate in Science, and Associate in Arts degrees. In 1965, the University was reincorporated as a not-for-profit institution.
David N. Myers, a Cleveland business leader and philanthropist
, became the school's proprietor in the late 20th century, and the college changed its name to David N. Myers College in 1995. On September 12, 2008, Myers University was renamed Chancellor University.
The M.B.A. program at the University was renamed The Jack Welch Management Institute in 2009, after Jack Welch
, the former CEO of General Electric, invested $2 million to purchase a 12% share of Chancellor University Systems, the company running the university, Chancellor University Systems.
by the North Central Association Higher Learning Commission and the International Assembly for Collegiate Business Education
(IACBE). In November 2008, the Higher Learning Commission of the North Central Association of Colleges and Schools, placed the school on probation, citing problems with its reputation, student turnover and resource allocation. On February 25, 2010, the Higher Learning Commission ordered the institution to show cause as to why its accreditation should not be rescinded.
On February 24,2011, the Higher Learning Commission (HLC) Board of Trustees determined that the institution had addressed the concerns of the Commission and demonstrated that it met the Criteria for Accreditation. The board removed the Show-Cause and continued the accreditation of the university.
is located near the intersection of East 40th Street and Chester Avenue in downtown Cleveland's historic Midtown Neighborhood.
University
A university is an institution of higher education and research, which grants academic degrees in a variety of subjects. A university is an organisation that provides both undergraduate education and postgraduate education...
located in Cleveland, Ohio
Cleveland, Ohio
Cleveland is a city in the U.S. state of Ohio and is the county seat of Cuyahoga County, the most populous county in the state. The city is located in northeastern Ohio on the southern shore of Lake Erie, approximately west of the Pennsylvania border...
. The school was originally founded in 1848 as Folsom's Mercantile College to teach basic bookkeeping and business skills. It has undergone several changes of name and ownership during its history.
History
The University was opened by R. S. Bacon as a college of business in 1848 on West 3rd Street in Cleveland, Ohio. Shortly thereafter it merged with Folsom's Mercantile College, founded by Ezekiel G. Folsom. Two of Folsom College's earliest students created the Bryant & Stratton Colleges which later acquired Folsom's school in a possibly forced merger. After the merger with the Bryant and StrattonBryant and Stratton
Bryant & Stratton College is a for-profit college with campuses in New York, Ohio, Virginia and Wisconsin. Founded in 1854, the college offers two-year programs at all campuses and four-year programs at select campuses. This school began as a business institute, but now is an accredited...
system, the Cleveland school used the Bryant and Stratton name until 1867, when it took the name Union Business School to celebrate the Union's Civil War
American Civil War
The American Civil War was a civil war fought in the United States of America. In response to the election of Abraham Lincoln as President of the United States, 11 southern slave states declared their secession from the United States and formed the Confederate States of America ; the other 25...
victory. The University in Cleveland was later renamed Spencerian College for one of its most illustrious administrators, Platt R. Spencer, educator and originator of Spencerian penmanship. The earliest curriculum was limited to the development of practical skills, such as penmanship, bookkeeping, and telegraphy. The most notable alumnus of Chancellor University is Cleveland native John D. Rockefeller
John D. Rockefeller
John Davison Rockefeller was an American oil industrialist, investor, and philanthropist. He was the founder of the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust. Rockefeller revolutionized the petroleum industry and defined the structure of...
, who attended the school when it was known as Folsom's Business College.
In 1896, Frank L. Dyke, a former Spencerian professor, founded Dyke School of Commerce, dedicated to preparing young women for business careers. Dyke School of Commerce and Spencerian College operated separately for many years until the exigencies of World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
prompted President Jay R. Gates to merge the two schools in 1942. For a time the combined institution was known as Dyke and Spencerian College.
From 1941 to 1994, the school was known as Dyke College. After World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
, as college degrees became common in the business world, the college modified its academic programs to stress the attainment of the broader-based Bachelor of Science, Associate in Science, and Associate in Arts degrees. In 1965, the University was reincorporated as a not-for-profit institution.
David N. Myers, a Cleveland business leader and philanthropist
Philanthropist
A philanthropist is someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes...
, became the school's proprietor in the late 20th century, and the college changed its name to David N. Myers College in 1995. On September 12, 2008, Myers University was renamed Chancellor University.
Programs
Chancellor University is now a small university that offers a wide array of business programs, although it is no longer exclusively a business school. The University offers degrees at the Associate, Baccalaureate and Masters levels.The M.B.A. program at the University was renamed The Jack Welch Management Institute in 2009, after Jack Welch
Jack Welch
John Francis "Jack" Welch, Jr. is an American chemical engineer, business executive, and author. He was Chairman and CEO of General Electric between 1981 and 2001...
, the former CEO of General Electric, invested $2 million to purchase a 12% share of Chancellor University Systems, the company running the university, Chancellor University Systems.
Accreditation
The university is accreditedHigher education accreditation
Higher education accreditation is a type of quality assurance process under which services and operations of post-secondary educational institutions or programs are evaluated by an external body to determine if applicable standards are met...
by the North Central Association Higher Learning Commission and the International Assembly for Collegiate Business Education
International Assembly for Collegiate Business Education
The International Assembly for Collegiate Business Education is an educational accreditation agency for college and university business programs...
(IACBE). In November 2008, the Higher Learning Commission of the North Central Association of Colleges and Schools, placed the school on probation, citing problems with its reputation, student turnover and resource allocation. On February 25, 2010, the Higher Learning Commission ordered the institution to show cause as to why its accreditation should not be rescinded.
On February 24,2011, the Higher Learning Commission (HLC) Board of Trustees determined that the institution had addressed the concerns of the Commission and demonstrated that it met the Criteria for Accreditation. The board removed the Show-Cause and continued the accreditation of the university.
Campus
Chancellor University's main campusCampus
A campus is traditionally the land on which a college or university and related institutional buildings are situated. Usually a campus includes libraries, lecture halls, residence halls and park-like settings...
is located near the intersection of East 40th Street and Chester Avenue in downtown Cleveland's historic Midtown Neighborhood.