Tippie College of Business
Encyclopedia
The Tippie College of Business at The University of Iowa, established as the College of Commerce in 1921, is one of the oldest and top ranked business schools in the United States. The College was the first academic division at the University of Iowa to be named for an alumnus, Henry B. Tippie, a 1949 accounting graduate from Belle Plaine, Iowa
. The College is housed in the Pappajohn Business Building on the university's Iowa City
campus, named for Des Moines
venture capital
ist John Pappajohn, a 1952 graduate of the College.
(MBA) program consistently ranks near the top of the Forbes
Magazine listing of fastest payback on an MBA degree.http://www.forbes.com/lists/2005/95/Rank_1.html. Financial Times
ranks the school overall at number 32 in US and 64 in the world, while the ranking it number 1 in US for placement percentage. It is also among the top twenty programs at a public university by The Economist
and 40th best in the country by US News and World Report.
The Tippie College undergraduate program was ranked 68th in the nation by Business Week Magazine in 2007, down from 39th in 2006.
The undergraduate program features a dedicated career services center, the Pomerantz Career Center, and business writing center, The Frank Business Communications Center. Students participate in twenty undergraduate organizations, including Alpha Kappa Psi
, Delta Sigma Pi
, Women in Business
, and the American Marketing Association
. Honors students can join one of the oldest chapters (established in 1921) of the business honorary society, Beta Gamma Sigma
as well as Beta Alpha Psi
: Honorary accounting organization.
Majors are offered in accounting, economics
, finance
, marketing
, management information systems, and management
. Students may also earn certificates in International Business, Entrepreneurship
and Risk, Management and Insurance. The most popular major is finance, followed by marketing.
(AACSB).
In the 1950s, the College was reorganized into six departments and renamed the College of Business Administration. In 1994, the College moved into its present location, the Pappajohn Business Building, at the corner of Clinton and Market Street. William C. (Curt) Hunter serves as the college’s current dean.
In 2008, Tippie became the new home for the Consortium Institute for Management and Business Analysis (CIMBA)
. In a university news article, the dean said, "We are delighted that we have the opportunity to broaden the global footprint of the Tippie College of Business and the University of Iowa".
Belle Plaine, Iowa
Belle Plaine is a city in Benton County, Iowa, United States. The population was 2,878 at the 2000 census. It is part of the Cedar Rapids Metropolitan Statistical Area....
. The College is housed in the Pappajohn Business Building on the university's Iowa City
Iowa City, Iowa
Iowa City is a city in Johnson County, State of Iowa. As of the 2010 Census, the city had a total population of about 67,862, making it the sixth-largest city in the state. Iowa City is the county seat of Johnson County and home to the University of Iowa...
campus, named for Des Moines
Des Moines, Iowa
Des Moines is the capital and the most populous city in the US state of Iowa. It is also the county seat of Polk County. A small portion of the city extends into Warren County. It was incorporated on September 22, 1851, as Fort Des Moines which was shortened to "Des Moines" in 1857...
venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
ist John Pappajohn, a 1952 graduate of the College.
Rankings
The Tippie Master of Business AdministrationMaster 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) program consistently ranks near the top of the 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...
Magazine listing of fastest payback on an MBA degree.http://www.forbes.com/lists/2005/95/Rank_1.html. Financial Times
Financial Times
The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....
ranks the school overall at number 32 in US and 64 in the world, while the ranking it number 1 in US for placement percentage. It is also among the top twenty programs at a public university by The Economist
The Economist
The Economist is an English-language weekly news and international affairs publication owned by The Economist Newspaper Ltd. and edited in offices in the City of Westminster, London, England. Continuous publication began under founder James Wilson in September 1843...
and 40th best in the country by US News and World Report.
The Tippie College undergraduate program was ranked 68th in the nation by Business Week Magazine in 2007, down from 39th in 2006.
Undergraduate program
Admission to the Tippie undergraduate program is competitive, with most students gaining admission the fall of their junior year. Admission is based on grade point average. A small cohort of 60 – 80 high-achieving students are admitted as freshmen. Approximately 60% of the students come from Iowa, and 35% from Illinois.The undergraduate program features a dedicated career services center, the Pomerantz Career Center, and business writing center, The Frank Business Communications Center. Students participate in twenty undergraduate organizations, including Alpha Kappa Psi
Alpha Kappa Psi
ΑΚΨ is the oldest and largest professional business fraternity. The Alpha Kappa Psi Fraternity was founded on October 5, 1904 at New York University, and was incorporated on May 20, 1905...
, Delta Sigma Pi
Delta Sigma Pi
ΔΣΠ ' is one of the largest co-ed professional business fraternities. Delta Sigma Pi was founded on November 7, 1907 at the School of Commerce, Accounts and Finance, New York University, New York, New York and is currently headquartered in Oxford, Ohio...
, Women in Business
Women in business
Even though women have contributed to economic productivity since the dawn of history, the phrase women in business typically describes the more modern phenomenon of women participating in the traditionally male work roles of industrial manufacturing, finance, and corporate ownership.Women hold...
, and the American Marketing Association
American Marketing Association
The American Marketing Association is a professional association for marketers. As of 2008 it had approximately 40,000 members. There are 76 professional chapters and 250 collegiate chapters across the United States....
. Honors students can join one of the oldest chapters (established in 1921) of the business honorary society, Beta Gamma Sigma
Beta Gamma Sigma
Beta Gamma Sigma or ΒΓΣ is an honor society for business students and scholars. Founded in 1913 at the University of Wisconsin, it has over 650,000 members, selected from over 500 chapters in AACSB-accredited business schools...
as well as Beta Alpha Psi
Beta Alpha Psi
ΒΑΨ is a national honors business organization for highly successful accounting, finance and information systems students and professionals. It was founded on February 12, 1919 at the University of Illinois at Urbana-Champaign and is currently headquartered in Durham, North Carolina...
: Honorary accounting organization.
Majors are offered in accounting, 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"...
, 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...
, 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...
, management information systems, and management
Management
Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively...
. Students may also earn certificates in International Business, 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...
and Risk, Management and Insurance. The most popular major is finance, followed by marketing.
History
Isaac Althaus Loos shaped the early beginnings of the College by establishing a social science department, the School of Political and Social Science, which included commerce, economics and finance. In 1908, the word Commerce was added to the school name, and the School featured nearly 40 courses. In 1921, the College of Commerce was born; the college enrolled approximately 100 students, and employed 23 faculty members. Two years later, the College joined the Association to Advance Collegiate Schools of BusinessAssociation to Advance Collegiate Schools of Business
The Association to Advance Collegiate Schools of Business was founded in 1916 to accredit schools of business worldwide. The first accreditations took place in 1919. The stated mission is to advance quality management education worldwide through accreditation and thought leadership. It is regarded...
(AACSB).
In the 1950s, the College was reorganized into six departments and renamed the College of Business Administration. In 1994, the College moved into its present location, the Pappajohn Business Building, at the corner of Clinton and Market Street. William C. (Curt) Hunter serves as the college’s current dean.
In 2008, Tippie became the new home for the Consortium Institute for Management and Business Analysis (CIMBA)
CIMBA
The Consortium Institute of Management and Business Administration is a study abroad program in Italy that brings together faculty and students from different countries to study business...
. In a university news article, the dean said, "We are delighted that we have the opportunity to broaden the global footprint of the Tippie College of Business and the University of Iowa".
See also
- List of United States business school rankings
- List of business schools in the United States