Tuck School of Business
Encyclopedia
The Amos Tuck School of Business Administration (or the Tuck School of Business at Dartmouth, as it is now called) is the graduate
business school
of Dartmouth College
in Hanover, New Hampshire
, in the United States
. Founded in 1900, Tuck is the oldest graduate school of business in the world, and was the first institution to offer master's degree
s in the field of business administration. Tuck is one of six Ivy League business schools
and it consistently ranks in the top five in many business school rankings.
Tuck grants only one degree, the Master of Business Administration
(MBA), alongside shorter programs for executives and recent college graduates, although there are opportunities for dual degrees with other institutions. The school places a heavy emphasis on its tight-knit and residential character, and has a student population that hovers near 500 students and a full-time faculty of 46. Tuck claims over 8,400 living alumni in a variety of fields, with the highest rate of alumni donation of any business school.
At the turn of the 20th century, Dartmouth College president William Jewett Tucker
decided to explore the possibility of establishing a school of business to educate the growing number of Dartmouth alumni entering the commercial world. Turning to his former roommate from his undergraduate years at Dartmouth, Tucker enlisted the support of Edward Tuck
, who had since become a wealthy banker and philanthropist. Tuck donated $300,000 in the form of preferred stock
shares in a Minnesota railroad company as the capital to found the school. It was named the Amos Tuck School of Administration and Finance, after Edward Tuck's father and Dartmouth alumnus Amos Tuck
.
The new school's annual tuition was $100 for the few students who enrolled in the first year; graduates of the two-year program received a Master of Commercial Science degree (MCS). The curriculum involved both traditional liberal arts
fields as well as economic and finance education. Undergraduate professors taught most of the first-year courses, while outside guest instructors and businesspeople educated students in their second years. As the nation's first graduate school of business, the Tuck School's emphasis on a broad education in general management was adopted by many other emerging business schools, and was dubbed the "Tuck Pattern".
In the late 1920s, Dartmouth president Ernest Martin Hopkins
sought to unify the Tuck School by establishing a central campus, uniting the school's academic and residential facilities. Edward Tuck, then an aged man living in France, donated an additional $570,000 for the effort. Using primarily his funds, four new buildings were constructed in 1929 on the west side of Dartmouth's campus.
In 1942, the school's name changed to the Amos Tuck School of Business Administration, and in 1953, the degree program changed to the modern Master of Business Administration
(MBA). Until the late 1950s and early 1960s, the Tuck School catered primarily to Dartmouth students, accepting undergraduates during their third year. Under Dean Karl Hill (1957–1960), Tuck shifted its focus to soliciting a national student body. The resulting expansion under Dean John Hennessey (1968–1976) in the late 1960s saw additional growth of the campus with the construction of a new dormitory (1969) and the Murdough Center (1973), which contains the Feldberg Business and Engineering Library. Under Deans Richard West (1976–1983) and Colin Blaydon (1983–1990), the school's curriculum and faculty expanded extensively, and applications increased by one-third. Since the late 1980s, Tuck has continued to expand in student body and faculty size, and has seen the establishment of two new campus buildings as well as several research centers and nondegree business programs.
, which is situated in the rural, Upper Connecticut River Valley, New England
town of Hanover, New Hampshire
. The campus of the Tuck School sits in a complex on the west side of Dartmouth's campus, near the Connecticut River
. Shortly after being founded in 1900, Tuck was housed in a single building facing the Green
at the center of the campus; in 1930, the institution moved into Stell, Chase, Tuck, and Woodbury Halls in its present location along the Tuck Mall. Today, these original structures serve as four of Tuck's eight academic and administrative buildings.
Tuck emphasizes its residential character, describing residential life as "a foundation of the Tuck culture" and crediting it as "a reason that Tuck alumni are among the most loyal of all the business school [sic] in the world." Tuck's isolated location has been described as an "image problem" for attracting successful applicants and faculty to its rural campus, although some students cite the school's relatively insular character as a positive trait for fostering intimacy and friendship.
Tuck has three residential facilities: Whittemore Hall (constructed 2000), Achtmeyer Hall (constructed 2008) and Pineau-Valencienne (constructed 2008). The newer residence halls and Raether Hall are part of the Tuck Living and Learning Complex, which houses 85 additional students as well as classrooms and study space. At a total cost of $27.2 million, the Tuck LLC was completed in December 2008. The Tuck School shares the Murdough Center (containing the Feldberg Business and Engineering Library) with the adjacent Thayer School of Engineering
. The Tuck campus is serviced by Byrne Hall, a dining facility operated by Dartmouth Dining Services.
Buchanan Hall (constructed 1968) was renovated in 2009 to convert it from a student residence hall to a combined faculty research facility and executive residence. Over the next 5 years, Tuck plans to add up to 10 new full-time faculty members and Buchanan Hall will house the added offices.
The Tuck School offers only a single degree: the two-year, full-time Master of Business Administration
(MBA). First-year MBA students at Tuck undertake a 32-week core curriculum in general management and a specialized First Year Project. During their second year, students take 12 elective courses and design their own focused field of study.
The school stresses a collaborative and teamwork-based approach to learning, which it touts as one of its assets for "building the interpersonal skills required for business leadership." However, this emphasis on cooperative group learning has been criticized as too "touchy-feely" for students entering the competitive business world, and the emphasis on consensus-building as detrimental to students' ability to make quick, independent decisions. The school's academic programs have also been criticized for not offering their students a broader international perspective, though the school has sought to remedy this by offering globally oriented courses, programs, and research.
Students seeking other degrees can engage in one of seven dual-degree or joint-degree programs offered in conjunction with other academic institutions. Dual degrees include an MBA/Master of Arts in Law and Diplomacy from The Fletcher School of Law and Diplomacy
at Tufts University
, an MBA/Master of Public Affairs
from the John F. Kennedy School of Government
at Harvard University
, an MBA/Master of Studies in Environmental Law from the Vermont Law School
, and an MBA/Master of Arts
from the Paul H. Nitze School of Advanced International Studies
at Johns Hopkins University
. Joint degrees include a Doctor of Medicine
/MBA from Dartmouth Medical School
, a Master of Public Health
/MBA from the Dartmouth's Center for the Evaluative Clinical Sciences
, and a Master of Engineering Management/MBA from Dartmouth's Thayer School of Engineering
. The school also offers a variety of second-year exchange programs at other institutions such as the Handelshochschule Leipzig in Germany, the HEC School of Management
and the ESSEC Business School
in Paris, IESE Business School
in Barcelona, and the London Business School
.
In addition to the MBA program, the school also offers an array of executive education and other non-degree programs, such as the Tuck Business Bridge Program for competitive current and recent university undergraduates, and the Leadership Education and Development (LEAD) program for high school students.
Like the undergraduate portion of Dartmouth College, the Tuck School operates on a quarter system
. As part of the larger institution, the Tuck School is ultimately administered by Dartmouth's President and Board of Trustees
. The school is directly managed by a Dean (currently Paul Danos) who is advised by a Board of Overseers that was established in 1951.
Since the Tuck School offers only one degree, it does not contain formal academic departments as do other institutions. Instead, faculty are generally grouped in one or more of seven "academic areas": accounting, finance
and economics
, marketing
, operations management
and management science, strategy and management, international business
, and management communication. Tuck is also home to five research centers which organize research in different fields of business administration. The centers are meant to promote faculty research, establish liaisons between the Tuck School and the corporate world, and sponsor programs for Tuck as a whole; MBA students are occasionally invited to participate as fellows and research associates. The five research centers are the William F. Achtmeyer Center for Global Leadership, the Center for Corporate Governance, the Center for International Business, the Center for Private Equity and Entrepreneurship, and the Glassmeyer/McNamee Center for Digital Strategies.
, up from second in 2010. The Wall Street Journal
and Forbes
also have ranked Tuck first in recent years (2007). Tuck is ranked seventh by U.S. News & World Report
, eighth by the Financial Times
(2008), and eleventh (in 2006) by Bloomberg BusinessWeek. In international ranking analyses in which all the different ranking bodies are combined, Tuck's median score consistently places it as one of the top three business schools if not the top business school in the world. It is also a member of the Global Business School Network
. In the 2010 QS Global 200 Business Schools Report
Tuck School of Business was indexed as the #14 business school in North America.
Applicants to the Tuck School come from many different backgrounds and institutions and are evaluated based on undergraduate academic performance, Graduate Management Admission Test
(GMAT) standardized test scores, essays, recommendations, written applications, and interviews, if applicable. Prior work and real-world experience and success is also considered in evaluating potential candidates. 2,276 applicants applied for approximately 240 slots in the class of 2009. The average GMAT score of students was 710, and the average undergraduate grade point average (GPA) of American students was 3.4.
(19%). In the past as has been the case with many business schools the student body makeup has been criticized as a weakness by students who desire more diversity in the school. Tuck has tried to address these shortcomings by offering additional scholarships to minority applicants and by promoting such programs as the annual Tuck Diversity Conference and participation in the Forté Foundation for women in business.
Like many other business schools, Tuck encourages its students to have post-undergraduate work experience before applying to the MBA program. The average incoming student has five years of full-time work experience, and the average student age is 28, ranging from 25 to 32 years.
s study of American business schools to have at least 50% of its alumni contribute to their alma mater's annual funds, with 66% making donations. The most popular career industries for graduates are management consulting
(40%) and finance/accounting (37%), with graduates' annual base salaries averaging $100,000.
Alumni of Tuck's MBA program who are prominent in business include entrepreneur Jim Butterworth
, entrepreneur John Bello
T'74, founder of SoBe
Beverages and former President of National Football League
Properties, former Bristol-Myers Squibb
CEO Peter R. Dolan
'80, Digital Angel
CEO Kevin McGrath
'77, and former PepsiCo
CEO Christopher A. Sinclair
'73. In education, David T. McLaughlin
'55 served as the president of Dartmouth College, and Robert Witt
'65 as the president of the University of Alabama
. Alumni in other fields include screenwriter and director Kamran Pasha
'00, U.S. Representative Herman T. Schneebeli
'31, and former XFL
football player Kyle Schroeder
'07. Alumni of Tuck's Executive Training program include The New York Times Company
president and CEO Janet L. Robinson
'96, Zurich Financial Services
CEO James Schiro and graphic designer David R. Brown
.
, Professor of Marketing Kevin Lane Keller
, Professor of Finance Kenneth French
, Professor of International Economics Matthew J. Slaughter
, Professor of International Business Vijay Govindarajan
, Professor of Strategic Management Richard D'Aveni
, and Professor of Operations Management M. Eric Johnson
. Former faculty include industrial efficiency pioneer Frederick Winslow Taylor
, marketing professor Brian Wansink
, and Michael Jensen
, who taught as a visiting scholar. Notably, investment banker Paul D. Paganucci
taught at the Tuck School from 1972 to 1986.
Graduate school
A graduate school is a school that awards advanced academic degrees with the general requirement that students must have earned a previous undergraduate degree...
business school
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...
of Dartmouth College
Dartmouth College
Dartmouth College is a private, Ivy League university in Hanover, New Hampshire, United States. The institution comprises a liberal arts college, Dartmouth Medical School, Thayer School of Engineering, and the Tuck School of Business, as well as 19 graduate programs in the arts and sciences...
in Hanover, New Hampshire
Hanover, New Hampshire
Hanover is a town along the Connecticut River in Grafton County, New Hampshire, United States. The population was 11,260 at the 2010 census. CNN and Money magazine rated Hanover the sixth best place to live in America in 2011, and the second best in 2007....
, in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. Founded in 1900, Tuck is the oldest graduate school of business in the world, and was the first institution to offer master's degree
Master's degree
A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...
s in the field of business administration. Tuck is one of six Ivy League business schools
Ivy League business schools
This list of Ivy League business schools outlines the six universities of the Ivy League that host a business school. The creation of business schools at Ivy League universities occurred over a period of nearly a century, beginning with the Wharton School of the University of Pennsylvania, founded...
and it consistently ranks in the top five in many business school rankings.
Tuck grants only one degree, the 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), alongside shorter programs for executives and recent college graduates, although there are opportunities for dual degrees with other institutions. The school places a heavy emphasis on its tight-knit and residential character, and has a student population that hovers near 500 students and a full-time faculty of 46. Tuck claims over 8,400 living alumni in a variety of fields, with the highest rate of alumni donation of any business school.
History
William Jewett Tucker
The Rev. William Jewett Tucker served as the 9th President of Dartmouth College in New Hampshire, United States, from 1893 to 1909.- Dartmouth presidency :...
decided to explore the possibility of establishing a school of business to educate the growing number of Dartmouth alumni entering the commercial world. Turning to his former roommate from his undergraduate years at Dartmouth, Tucker enlisted the support of Edward Tuck
Edward Tuck
Edward Tuck was an American banker and philanthropist. Born in Exeter, New Hampshire, he was educated at Dartmouth College. Tuck donated $500,000 to Dartmouth to endow the Amos Tuck School of Administration and Finance, in memory of his father...
, who had since become a wealthy banker and philanthropist. Tuck donated $300,000 in the form of preferred stock
Preferred stock
Preferred stock, also called preferred shares, preference shares, or simply preferreds, is a special equity security that has properties of both an equity and a debt instrument and is generally considered a hybrid instrument...
shares in a Minnesota railroad company as the capital to found the school. It was named the Amos Tuck School of Administration and Finance, after Edward Tuck's father and Dartmouth alumnus Amos Tuck
Amos Tuck
Amos Tuck was a political figure in New Hampshire, credited by some New Hampshire sources as a founder of the Republican Party.-Early life and education:...
.
The new school's annual tuition was $100 for the few students who enrolled in the first year; graduates of the two-year program received a Master of Commercial Science degree (MCS). The curriculum involved both traditional liberal arts
Liberal arts
The term liberal arts refers to those subjects which in classical antiquity were considered essential for a free citizen to study. Grammar, Rhetoric and Logic were the core liberal arts. In medieval times these subjects were extended to include mathematics, geometry, music and astronomy...
fields as well as economic and finance education. Undergraduate professors taught most of the first-year courses, while outside guest instructors and businesspeople educated students in their second years. As the nation's first graduate school of business, the Tuck School's emphasis on a broad education in general management was adopted by many other emerging business schools, and was dubbed the "Tuck Pattern".
In the late 1920s, Dartmouth president Ernest Martin Hopkins
Ernest Martin Hopkins
Ernest Martin Hopkins served as the 11th President of Dartmouth College from 1916 to 1945.- Dartmouth Presidency :...
sought to unify the Tuck School by establishing a central campus, uniting the school's academic and residential facilities. Edward Tuck, then an aged man living in France, donated an additional $570,000 for the effort. Using primarily his funds, four new buildings were constructed in 1929 on the west side of Dartmouth's campus.
In 1942, the school's name changed to the Amos Tuck School of Business Administration, and in 1953, the degree program changed to the modern 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). Until the late 1950s and early 1960s, the Tuck School catered primarily to Dartmouth students, accepting undergraduates during their third year. Under Dean Karl Hill (1957–1960), Tuck shifted its focus to soliciting a national student body. The resulting expansion under Dean John Hennessey (1968–1976) in the late 1960s saw additional growth of the campus with the construction of a new dormitory (1969) and the Murdough Center (1973), which contains the Feldberg Business and Engineering Library. Under Deans Richard West (1976–1983) and Colin Blaydon (1983–1990), the school's curriculum and faculty expanded extensively, and applications increased by one-third. Since the late 1980s, Tuck has continued to expand in student body and faculty size, and has seen the establishment of two new campus buildings as well as several research centers and nondegree business programs.
Campus
The Tuck School is located on the campus of Dartmouth CollegeDartmouth College
Dartmouth College is a private, Ivy League university in Hanover, New Hampshire, United States. The institution comprises a liberal arts college, Dartmouth Medical School, Thayer School of Engineering, and the Tuck School of Business, as well as 19 graduate programs in the arts and sciences...
, which is situated in the rural, Upper Connecticut River Valley, New England
New England
New England is a region in the northeastern corner of the United States consisting of the six states of Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut...
town of Hanover, New Hampshire
Hanover, New Hampshire
Hanover is a town along the Connecticut River in Grafton County, New Hampshire, United States. The population was 11,260 at the 2010 census. CNN and Money magazine rated Hanover the sixth best place to live in America in 2011, and the second best in 2007....
. The campus of the Tuck School sits in a complex on the west side of Dartmouth's campus, near the Connecticut River
Connecticut River
The Connecticut River is the largest and longest river in New England, and also an American Heritage River. It flows roughly south, starting from the Fourth Connecticut Lake in New Hampshire. After flowing through the remaining Connecticut Lakes and Lake Francis, it defines the border between the...
. Shortly after being founded in 1900, Tuck was housed in a single building facing the Green
The Green (Dartmouth College)
The Green is a grass-covered field and common space at the center of Dartmouth College, an Ivy League university located in Hanover, New Hampshire, United States. It was among the first parcels of land obtained by the College upon its founding in 1769, and is the only creation of the 18th century...
at the center of the campus; in 1930, the institution moved into Stell, Chase, Tuck, and Woodbury Halls in its present location along the Tuck Mall. Today, these original structures serve as four of Tuck's eight academic and administrative buildings.
Tuck emphasizes its residential character, describing residential life as "a foundation of the Tuck culture" and crediting it as "a reason that Tuck alumni are among the most loyal of all the business school [sic] in the world." Tuck's isolated location has been described as an "image problem" for attracting successful applicants and faculty to its rural campus, although some students cite the school's relatively insular character as a positive trait for fostering intimacy and friendship.
Tuck has three residential facilities: Whittemore Hall (constructed 2000), Achtmeyer Hall (constructed 2008) and Pineau-Valencienne (constructed 2008). The newer residence halls and Raether Hall are part of the Tuck Living and Learning Complex, which houses 85 additional students as well as classrooms and study space. At a total cost of $27.2 million, the Tuck LLC was completed in December 2008. The Tuck School shares the Murdough Center (containing the Feldberg Business and Engineering Library) with the adjacent Thayer School of Engineering
Thayer School of Engineering
Thayer School of Engineering is a graduate school at Dartmouth College, Hanover, New Hampshire, United States, whose faculty also double as the undergraduate Department of Engineering Sciences. The school was established in 1867 with funds from Brig. Gen...
. The Tuck campus is serviced by Byrne Hall, a dining facility operated by Dartmouth Dining Services.
Buchanan Hall (constructed 1968) was renovated in 2009 to convert it from a student residence hall to a combined faculty research facility and executive residence. Over the next 5 years, Tuck plans to add up to 10 new full-time faculty members and Buchanan Hall will house the added offices.
Academics
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). First-year MBA students at Tuck undertake a 32-week core curriculum in general management and a specialized First Year Project. During their second year, students take 12 elective courses and design their own focused field of study.
The school stresses a collaborative and teamwork-based approach to learning, which it touts as one of its assets for "building the interpersonal skills required for business leadership." However, this emphasis on cooperative group learning has been criticized as too "touchy-feely" for students entering the competitive business world, and the emphasis on consensus-building as detrimental to students' ability to make quick, independent decisions. The school's academic programs have also been criticized for not offering their students a broader international perspective, though the school has sought to remedy this by offering globally oriented courses, programs, and research.
Students seeking other degrees can engage in one of seven dual-degree or joint-degree programs offered in conjunction with other academic institutions. Dual degrees include an MBA/Master of Arts in Law and Diplomacy from The Fletcher School of Law and Diplomacy
The Fletcher School of Law and Diplomacy
The Fletcher School of Law and Diplomacy at Tufts University is the oldest school in the United States dedicated solely to graduate studies in international affairs. It is regarded as one of the world's foremost schools of international affairs. Every Fall, the school enrolls approximately 265...
at Tufts University
Tufts University
Tufts University is a private research university located in Medford/Somerville, near Boston, Massachusetts. It is organized into ten schools, including two undergraduate programs and eight graduate divisions, on four campuses in Massachusetts and on the eastern border of France...
, an MBA/Master of Public Affairs
Master of Public Affairs
The Master of Public Affairs , one of several public affairs degrees, historically has been a master level professional degree offered in public policy schools that provides training in public policy and the operation of government. Courses required for this degree educate students in public and...
from the John F. Kennedy School of Government
John F. Kennedy School of Government
The John F. Kennedy School of Government at Harvard University is a public policy and public administration school, and one of Harvard's graduate and professional schools...
at Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
, an MBA/Master of Studies in Environmental Law from the Vermont Law School
Vermont Law School
Vermont Law School is a private, American Bar Association accredited law school located in South Royalton, Vermont . The Law School has one of the United States' leading programs in environmental law, and the Law School is currently ranked #1 in Environmental Law by U.S...
, and an MBA/Master of Arts
Master of Arts (postgraduate)
A Master of Arts from the Latin Magister Artium, is a type of Master's degree awarded by universities in many countries. The M.A. is usually contrasted with the M.S. or M.Sc. degrees...
from the Paul H. Nitze School of Advanced International Studies
Paul H. Nitze School of Advanced International Studies
The Paul H. Nitze School of Advanced International Studies , a division of Johns Hopkins University based in Washington, D.C., is one of the world's leading and most prestigious graduate schools devoted to the study of international affairs, economics, diplomacy, and policy research and...
at Johns Hopkins University
Johns Hopkins University
The Johns Hopkins University, commonly referred to as Johns Hopkins, JHU, or simply Hopkins, is a private research university based in Baltimore, Maryland, United States...
. Joint degrees include a Doctor of Medicine
Doctor of Medicine
Doctor of Medicine is a doctoral degree for physicians. The degree is granted by medical schools...
/MBA from Dartmouth Medical School
Dartmouth Medical School
Dartmouth Medical School is the medical school of Dartmouth College, located in Hanover, New Hampshire, in the United States. The fourth-oldest medical school in the United States, Dartmouth Medical School was founded in 1797 by New England physician Nathan Smith and grew steadily over the course...
, a Master of Public Health
Master of Public Health
The Master of Public Health and the Doctor of Public Health are multi-disciplinary professional degrees awarded for studies in areas related to public health....
/MBA from the Dartmouth's Center for the Evaluative Clinical Sciences
The Dartmouth Institute for Health Policy and Clinical Practice
The Dartmouth Institute for Health Policy and Clinical Practice is an organization within Dartmouth College "dedicated to improving health care through education, research, policy reform, leadership improvement, and communication with patients and the public." It was founded in 1988 by John...
, and a Master of Engineering Management/MBA from Dartmouth's Thayer School of Engineering
Thayer School of Engineering
Thayer School of Engineering is a graduate school at Dartmouth College, Hanover, New Hampshire, United States, whose faculty also double as the undergraduate Department of Engineering Sciences. The school was established in 1867 with funds from Brig. Gen...
. The school also offers a variety of second-year exchange programs at other institutions such as the Handelshochschule Leipzig in Germany, the HEC School of Management
HEC School of Management
HEC Paris or École des Hautes Études Commerciales de Paris is one of the foremost business schools in France and in Europe. It was created in 1881 by the Paris Chamber of Commerce and Industry on the model of French Grandes Ecoles and has progressively become one of the most selective graduate...
and the ESSEC Business School
ESSEC
ESSEC is one of the foremost business schools and Grandes Écoles in France and one of Europe’s top business schools. It was created by Jesuits in 1907 and was originally located in the heart of Paris, next to the University of Paris II: Panthéon-Assas, rue d'Assas...
in Paris, IESE Business School
IESE
IESE Business School is the graduate business school of the University of Navarra. IESE has campuses in Barcelona, Madrid, and New York City and teaching facilities in Munich and Sao Paulo...
in Barcelona, and the London Business School
London Business School
London Business School is an international business school and a constituent college of the federal University of London, located in central London, beside Regent's Park...
.
In addition to the MBA program, the school also offers an array of executive education and other non-degree programs, such as the Tuck Business Bridge Program for competitive current and recent university undergraduates, and the Leadership Education and Development (LEAD) program for high school students.
Organization and research
Academic term
An academic term is a division of an academic year, the time during which a school, college or university holds classes. These divisions may be called terms...
. As part of the larger institution, the Tuck School is ultimately administered by Dartmouth's President and Board of Trustees
Board of Trustees of Dartmouth College
The Board of Trustees of Dartmouth College is the governing body of Dartmouth College, an Ivy League university located in Hanover, New Hampshire, United States. , the Board includes twenty-three people...
. The school is directly managed by a Dean (currently Paul Danos) who is advised by a Board of Overseers that was established in 1951.
Since the Tuck School offers only one degree, it does not contain formal academic departments as do other institutions. Instead, faculty are generally grouped in one or more of seven "academic areas": accounting, 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...
and 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"...
, 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 management
Operations management
Operations management is an area of management concerned with overseeing, designing, and redesigning business operations in the production of goods and/or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as little resources as needed, and...
and management science, strategy and management, international business
International Business
International business is a term used to collectively describe all commercial transactions that take place between two or more regions, countries and nations beyond their political boundary...
, and management communication. Tuck is also home to five research centers which organize research in different fields of business administration. The centers are meant to promote faculty research, establish liaisons between the Tuck School and the corporate world, and sponsor programs for Tuck as a whole; MBA students are occasionally invited to participate as fellows and research associates. The five research centers are the William F. Achtmeyer Center for Global Leadership, the Center for Corporate Governance, the Center for International Business, the Center for Private Equity and Entrepreneurship, and the Glassmeyer/McNamee Center for Digital Strategies.
Admissions and rankings
Dartmouth's Tuck School of Business is consistently ranked among the top MBA programs, both nationally and internationally. In 2011, it was ranked first internationally among full-time programs by The EconomistThe 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...
, up from second in 2010. The Wall Street Journal
The Wall Street Journal
The Wall Street Journal is an American English-language international daily newspaper. It is published in New York City by Dow Jones & Company, a division of News Corporation, along with the Asian and European editions of the Journal....
and 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...
also have ranked Tuck first in recent years (2007). Tuck is ranked seventh 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...
, eighth by the 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....
(2008), and eleventh (in 2006) by Bloomberg BusinessWeek. In international ranking analyses in which all the different ranking bodies are combined, Tuck's median score consistently places it as one of the top three business schools if not the top business school in the world. It is also a member of the Global Business School Network
Global Business School Network
The Global Business School Network is an international non-profit organization that promotes management education as an important element of international development.-Inception:...
. In the 2010 QS Global 200 Business Schools Report
QS Global 200 Business Schools Report
The QS Global 200 Business Schools Report identifies the most popular business schools in each region of the world. It aims to serve employers seeking MBAs at a regional level. It originated in the early 1990s under the partnership Quacquarelli Symonds. The TopMBA Career Guide was made in 1990, and...
Tuck School of Business was indexed as the #14 business school in North America.
Applicants to the Tuck School come from many different backgrounds and institutions and are evaluated based on undergraduate academic performance, Graduate Management Admission Test
Graduate Management Admission Test
The Graduate Management Admission Test is a computer-adaptive standardized test in mathematics and the English language for measuring aptitude to succeed academically in graduate business studies. Business schools use the test as a criterion for admission into graduate business administration...
(GMAT) standardized test scores, essays, recommendations, written applications, and interviews, if applicable. Prior work and real-world experience and success is also considered in evaluating potential candidates. 2,276 applicants applied for approximately 240 slots in the class of 2009. The average GMAT score of students was 710, and the average undergraduate grade point average (GPA) of American students was 3.4.
Student profile
Tuck students, known as "Tuckies", typically number about 500 students in two classes, with international students making up about 34% of the student body. The school has growing percentages of women (34%) and minoritiesMinority group
A minority is a sociological group within a demographic. The demographic could be based on many factors from ethnicity, gender, wealth, power, etc. The term extends to numerous situations, and civilizations within history, despite the misnomer of minorities associated with a numerical statistic...
(19%). In the past as has been the case with many business schools the student body makeup has been criticized as a weakness by students who desire more diversity in the school. Tuck has tried to address these shortcomings by offering additional scholarships to minority applicants and by promoting such programs as the annual Tuck Diversity Conference and participation in the Forté Foundation for women in business.
Like many other business schools, Tuck encourages its students to have post-undergraduate work experience before applying to the MBA program. The average incoming student has five years of full-time work experience, and the average student age is 28, ranging from 25 to 32 years.
Alumni
Tuck claims the highest percentage of alumni donors of any business school in the world. It is the only business school in BusinessWeekBusinessWeek
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 :...
s study of American business schools to have at least 50% of its alumni contribute to their alma mater's annual funds, with 66% making donations. The most popular career industries for graduates are 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....
(40%) and finance/accounting (37%), with graduates' annual base salaries averaging $100,000.
Alumni of Tuck's MBA program who are prominent in business include entrepreneur Jim Butterworth
Jim Butterworth (entrepreneur)
Jim Butterworth is a technology entrepreneur and documentary filmmaker. He is the co-founder of the nonprofit documentary production company Incite Productions, and a director and producer of the award-winning film Seoul Train. He is also the holder of numerous U.S...
, entrepreneur John Bello
John Bello
John Joseph Bello is an American entrepreneur best known for creating and building the SoBe brand of New Age beverages.-Early Life:...
T'74, founder of SoBe
SoBe
SoBe is a brand of teas, fruit-juice blends and enhanced water beverages owned by PepsiCo. The name SoBe is an abbreviation of South Beach, named after the upscale area located in Miami Beach, Florida. In the past, the SoBe name has also been licensed for gum and chocolate products...
Beverages and former President of National Football League
National Football League
The National Football League is the highest level of professional American football in the United States, and is considered the top professional American football league in the world. It was formed by eleven teams in 1920 as the American Professional Football Association, with the league changing...
Properties, former Bristol-Myers Squibb
Bristol-Myers Squibb
Bristol-Myers Squibb , often referred to as BMS, is a pharmaceutical company, headquartered in New York City. The company was formed in 1989, following the merger of its predecessors Bristol-Myers and the Squibb Corporation...
CEO Peter R. Dolan
Peter R. Dolan
Peter R. Dolan is an American business executive. In 2009, he became Chairman and CEO of Gemin X Pharmaceuticals after joining board in July 2008, he was formerly the chief executive officer of Bristol-Myers Squibb before being discharged from that company in September 2006 as a result of a...
'80, Digital Angel
Digital Angel
Digital Angel, Inc. develops global positioning satellite and radio frequency identification technology products for consumer, commercial, and government sectors worldwide. Headquartered in South St. Paul, Minnesota, their products offer security for people, animals, the food supply,...
CEO Kevin McGrath
Digital Angel
Digital Angel, Inc. develops global positioning satellite and radio frequency identification technology products for consumer, commercial, and government sectors worldwide. Headquartered in South St. Paul, Minnesota, their products offer security for people, animals, the food supply,...
'77, and former PepsiCo
PepsiCo
PepsiCo Inc. is an American multinational corporation headquartered in Purchase, New York, United States, with interests in the manufacturing, marketing and distribution of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company...
CEO Christopher A. Sinclair
Christopher A. Sinclair
Christopher A. Sinclair is an American businessman. He is the current Chairman of the Executive Committee of Mattel, Inc., the world's largest toy company. He is the former Chariman and CEO of Pepsi-Cola and the former executive chairman and CEO of Cambridge Solutions Ltd. the second largest...
'73. In education, David T. McLaughlin
David T. McLaughlin
David Thomas McLaughlin was the 14th President of Dartmouth College, 1981–1987. Mr. McLaughlin also served as Chief Executive Officer of Orion Safety Products from 1988 to December 31, 2000. He was President and Chief Executive Officer of the Aspen Institute from 1988 to 1997 and its...
'55 served as the president of Dartmouth College, and Robert Witt
Robert Witt (American academic)
Robert E. Witt is president of the University of Alabama, as of March 1, 2003. His experience includes 35 years in the University of Texas system, including 10 years as dean of the University of Texas at Austin business school and eight years as president of the University of Texas at Arlington...
'65 as the president of the University of Alabama
University of Alabama
The University of Alabama is a public coeducational university located in Tuscaloosa, Alabama, United States....
. Alumni in other fields include screenwriter and director Kamran Pasha
Kamran Pasha
Kamran Pasha is a Hollywood screenwriter, director and novelist. He recently served as a writer and producer on the NBC series Kings, after working as a producer on NBC's Bionic Woman. Previously, he served as a co-producer and writer for Sleeper Cell, Showtime Network's terrorism drama...
'00, U.S. Representative Herman T. Schneebeli
Herman T. Schneebeli
Herman Theodore Schneebeli was a Republican member of the U.S. House of Representatives from Pennsylvania.Herman Schneebeli was born in Lancaster, Pennsylvania. He graduated from Mercersburg Academy in 1926, Dartmouth College in 1930, and Tuck School of Administration and Finance in 1931...
'31, and former XFL
XFL
The XFL was a professional American football league that played for one season in 2001. The league was founded by Vince McMahon, the Chairman of the Board of Directors of WWE...
football player Kyle Schroeder
Kyle Schroeder
Kyle Schroeder was a XFL defensive tackle for the Birmingham Thunderbolts.-High school years:Kyle Schroeder attended Wayne Valley High School in Wayne, New Jersey, and was student athlete of the year in 1996...
'07. Alumni of Tuck's Executive Training program include The New York Times Company
The New York Times Company
The New York Times Company is an American media company best known as the publisher of its namesake, The New York Times. Arthur Ochs Sulzberger, Jr. has served as Chairman of the Board since 1997. It is headquartered in Midtown Manhattan, New York City....
president and CEO Janet L. Robinson
Janet L. Robinson
Janet L. Robinson is an American publishing executive, and became president and chief executive officer of The New York Times Company on December 27, 2004...
'96, Zurich Financial Services
Zurich Financial Services
Zurich Financial Services AG is a major financial services group based in Zurich, Switzerland.-History:The Company was founded in 1872 as subsidiary of the Schweiz Marine Insurance Company under the name Versicherung Verein...
CEO James Schiro and graphic designer David R. Brown
David R. Brown (graphic designer)
David R. Brown is an American graphic designer and academic administrator. He is best known as the former president of the Art Center College of Design, and has served as the national president of AIGA, the professional association for design....
.
Faculty
As of the 2007–2008 school year, the Tuck School employs 46 full-time faculty members and currently maintains a student-faculty ratio of 9:1. Among Tuck's notable professors and instructors are Professor of Economics Andrew BernardAndrew Bernard
Andrew B. Bernard is an American economist, currently the Jack Byrne Professor of International Economics at the Tuck School of Business at Dartmouth College in Hanover, New Hampshire, United States. He also is director of the Center for International Business at Tuck. He has been on the faculty at...
, Professor of Marketing Kevin Lane Keller
Kevin Lane Keller
Kevin Lane Keller is the E. B. Osborn Professor of Marketing at the Tuck School of Business at Dartmouth College. He is most notable for having authored Strategic Brand Management , a widely-used text on brand management...
, Professor of Finance Kenneth French
Kenneth French
Kenneth Ronald "Ken" French is the Carl E. and Catherine M. Heidt Professor of Finance at the Tuck School of Business, Dartmouth College. He has previously been a faculty member at MIT, the Yale School of Management, and the University of Chicago Booth School of Business...
, Professor of International Economics Matthew J. Slaughter
Matthew J. Slaughter
Dr. Matthew J. Slaughter is an American economist and former member of the Council of Economic Advisers. He is considered an expert in the area of globalization and his work has been supported by organizations such as the National Science Foundation and the Russell Sage Foundation. Slaughter is...
, Professor of International Business Vijay Govindarajan
Vijay Govindarajan
Vijay Govindarajan, known as VG, is the Earl C. Daum 1924 Professor of International Business at the Tuck School of Business and founding director of Tuck's Center for Global Leadership...
, Professor of Strategic Management Richard D'Aveni
Richard D'Aveni
Richard A. D'Aveni is Professor of Strategic Management at the Tuck School of Business at Dartmouth College. Hanover, New Hampshire, USAHe is the author of numerous articles in Harvard Business Review, The Financial Times of London, The Wall Street Journal, and the MIT Sloan Management Review, as...
, and Professor of Operations Management M. Eric Johnson
M. Eric Johnson
M. Eric Johnson is a Professor of Operations Management at the Tuck School of Business at Dartmouth College in Hanover, New Hampshire, United States. He is also Director of the Glassmeyer/McNamee Center for Digital Strategies. He joined the Tuck School faculty in 1999...
. Former faculty include industrial efficiency pioneer Frederick Winslow Taylor
Frederick Winslow Taylor
Frederick Winslow Taylor was an American mechanical engineer who sought to improve industrial efficiency. He is regarded as the father of scientific management and was one of the first management consultants...
, marketing professor Brian Wansink
Brian Wansink
Brian Wansink is an American professor in the fields of consumer behavior and nutritional science. He is a former Executive Director of the USDA's Center for Nutrition Policy and Promotion ....
, and Michael Jensen
Michael Jensen
Michael Cole "Mike" Jensen is an American economist working in the area of financial economics. He is currently the managing director in charge of organizational strategy at Monitor Group, a strategy consulting firm, and the Jesse Isidor Straus Professor of Business Administration, Emeritus at...
, who taught as a visiting scholar. Notably, investment banker Paul D. Paganucci
Paul Donnelly Paganucci
Paul Donnelly Paganucci was a prominent American investment banker, university educator, college financial administrator and businessman.-Early life and education:...
taught at the Tuck School from 1972 to 1986.
See also
- List of United States business school rankings
- List of business schools in the United States
- Ivy League business schoolsIvy League business schoolsThis list of Ivy League business schools outlines the six universities of the Ivy League that host a business school. The creation of business schools at Ivy League universities occurred over a period of nearly a century, beginning with the Wharton School of the University of Pennsylvania, founded...
External links
- Tuck School of Business
- Radio Tuck - Tuck podcast series highlighting digital strategies in business