Marriott School of Management
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Marriott School of Management | |
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Established: | 1975 |
Type: | Private business school |
Religious affiliation: | The Church of Jesus Christ of Latter-day Saints |
Dean: | Ned C. Hill |
Faculty: | 130 full-time |
Undergraduates: | 1,900 |
Postgraduates: | 1,100 |
Location: | Provo, Utah, USA |
Affiliations: | Brigham Young University |
Website: | marriottschool.byu.edu |
Coordinates: The Marriott School of Management (MSM) is a business school located in Provo, Utah at Brigham Young University (BYU), the largest religious and second-largest private university in the United States.[1][2][3] Founded in 1975, the school is named for its benefactors—Marriott International founders J. Willard and Alice Marriott—and offers several undergraduate and graduate programs of study with a heavy emphasis on ethics. This emphasis, along with the consistent high rankings of its accounting and business management programs, have led to the school being deemed "first among recruiters".[4][5]
Catering to its 75 percent bilingual (30 percent trilingual) student body by sponsoring high-proficiency business language courses in 11 languages (more than any other business school in the world)—the Marriott School claims over 6,000 living alumni in a variety of fields. The school is accredited by the Association to Advance Collegiate Schools of Business.[6][7]
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[edit] History
Undergraduate business classes were first offered at BYU in 1919,[7] and in 1921 the Maeser Building became the first home of the newly organized College of Commerce and Business Administration which, for the next thirteen years, occupied most of the building.[8] In 1957 business classes were broken off into a College of Business with Weldon J. Taylor serving as its first dean.[9][10] However, in 1975 the college became the School of Management, and in 1988 this name was changed to Marriott School of Management, named for its benefactors—Marriott International founders J. Willard and Alice Marriott.[11][12]
In 1976, the business school created a School of Accountancy, named the Institute of Professional Accountancy, within its jurisdiction. Then, in 1990, some faculty from the Information Management Department joined the school to consolidate the faculty and form a nucleus for program development. However, on August 12, 2005, the Marriott School announced the division of the School of Accountancy and Information Systems into two parts: the School of Accountancy and the Information Systems Department.[13]
Marriott School research objectives are directed by four research hubs: the Rollins Center for e-Business, named after former Dell Computers CEO Kevin Rollins;[14] the Whitmore Global Management Center, named for former Eastman Kodak Company CEO Kay R. Whitmore;[15] the Center for Economic Self-Reliance;[16] and the Center for Entrepreneurship.[17] The Center for Economic Self-Reliance recently participated in the production of the microcredit documentary Small Fortunes, which aired nationwide on October 27, 2005, on PBS.[18][19]
[edit] Campus
The Marriott School is located on the campus of Brigham Young University, which is situated in the urban, Wasatch Front area of Provo, Utah. The school is principally housed inside the N. Eldon Tanner Building (TNRB) on the west side of BYU's campus. On March 18, 1980, during a devotional assembly, President Dallin H. Oaks announced the Board of Trustees' decision to construct a new campus management building that would be named in honor of N. Eldon Tanner, Canadian politician and counselor to four presidents of The Church of Jesus Christ of Latter-day Saints (LDS Church). Business school administrators say that the business school's main building was named after Tanner because he was known in Canada as "Mr. Integrity"—a title wished upon every Marriott School graduate.[20][21]
The Tanner Building was completed in late 1982 and dedicated on April 5, 1983, by Gordon B. Hinckley.[22] Today, the seven-story, 120,000 square feet (11,000 m²) granite building houses Marriott School classes, professor offices, and administration. The building is undergoing a 65,000 square feet (6,000 m²) addition on its west end, tentatively scheduled for completion in July 2008.[23][22] The addition will increase the building's capacity by 54 percent, and will house MBA offices, group study rooms, classrooms and lecture halls, as well as a New York-style deli.
Due to overcapacity of the school, business classes are also held in the newly renovated Jesse Knight Building (JKB), which is located directly across the street from the Tanner Building. Additionally, the university's first parking garage will be built adjacent to the Tanner Building.[24]
[edit] Academics
The Marriott School of Management offers a broad array of degree programs, emphasizing ethics and the global business arena.[25] Undergraduate students may earn a minor in Business through the Marriott School or one of the following Bachelor of Science degrees: Accounting, Information Systems, and Management.[26] Management majors are also required to choose one of the following areas of emphasis: Entrepreneurship, Finance, General Business, Global Supply Chain Management, Marketing, OBHR, or Strategy.[27]
The school offers several graduate degrees, including the MAcc, MBA, EMBA, EMPA, MISM, and MPA. Upon entering the MAcc program, students must choose a track of study: audit, tax, or Ph.D. Prep.[28] MBA students similarly choose a major (Finance, Marketing, Supply Chain Management, OBHR, or Product Development) and a minor (Entrepreneurship, International Business, Strategy) if desired.[29][30]
Matriculation into the Marriott School as an undergraduate requires an application independent from normal acceptance to BYU. Once in the program, students go through a one-semester "core" where students in the block are in the same classes together as teams.[31] All undergraduates must also complete a one-semester mentoring program where each student selects a Marriott School alumnus to converse with over the course of the semester. More than 900 alumni actively advise students through the volunteer mentor program.[11]
All Marriott School students may also earn the Global Management Certificate. To earn the certificate, students are required to take a business language course, pertinent international business classes, and participate in an international field study or study abroad program.[32] Parenthetically, because the mission of the Marriott School is to "prepare men and women of faith, character and professional ability for positions of leadership throughout the world," ethics is greatly emphasized in the business curriculum. Recruiters of BYU students have recognized the Marriott School as one of the best places to hire graduates with high ethical standards—The Wall Street Journal ranked the Marriott School as #2 among the best schools for graduates with strong ethical standards in 2003.[25]
[edit] Organization and research
As part of the larger institution, the Marriott School is ultimately administered by BYU's President and Board of Trustees. The school is directly managed by a Dean (currently Ned C. Hill—will be succeeded by Gary C. Cornia on July 1, 2008), who is advised by two associate deans and the school's National Advisory Council.[33][34]
Faculty are grouped in one or more of five "academic areas": accounting, business management (including business law, finance, management communication, managerial economics, marketing, and supply-chain management), information systems, organizational leadership and strategy, and public management. The school is also home to four research centers that organize research in different fields of business administration and establish liaisons between the Marriott School and the corporate world. Both undergraduate and graduate students may be invited to work as teaching and research assistants, and some MAcc students teach accounting classes during the spring or summer terms, as well as at the BYU Salt Lake City campus.[35] The Marriott School also oversees two perennial publications: Economic Self-Reliance (a semi-annual practitioner focused publication that highlights research and best practices) and Marriott Alumni Magazine (a tri-annual publication that showcases innovative business research and ideas as well as news from the school and alumni).[11] The school also published a book, Business with Integrity, with chapters written by several prominent business and government leaders, including Jon Huntsman, Kevin Rollins, Mitt Romney, and Sheri Dew.[36][37]
[edit] Rankings, awards, and admissions
In 2008, the Marriott School's undergraduate programs were ranked #7 by BusinessWeek. In undergraduate accounting, the school was ranked #2 by the Public Accounting Report and #3 by U.S. News & World Report.[38] The MBA program is ranked #1 among regional schools (The Wall Street Journal, 2007),[39] #1 for the amount of time to payback (BusinessWeek, 2006),[40] #2 for its emphasis on ethics (The Wall Street Journal, 2007),[25] and #18 overall (Forbes, 2007).[41] For its other graduate programs, the Marriott School's MAcc program is ranked #2 by Public Accounting Report (2007), #20 for its MISM program by Computerworld (2000),[42] and at #65 for its MPA program by U.S. News & World Report (2004).
The Marriott School's accounting program is the only program in the country to receive the American Accounting Association's Innovation in Accounting Education Award twice. The first award, received in 1993, was for the development of an integrated approach to teaching accounting. The second award, received in 2007, was for the development of a Ph.D. Prep Track to prepare MAcc students to enroll in a Ph.D. program after graduation.[43] Additionally, the Information Systems department was ranked #26 in the nation in 2003 for research.[44][45]
Applicants to the MBA program are evaluated based on commitment to the mission of BYU and the LDS Church, undergraduate academic performance, Graduate Management Admission Test (GMAT) standardized test scores, essays, work experience, recommendations, written applications, and interviews, if applicable. The entering class of 2009 has averages of 661 GMAT, 3.55 GPA, and 36 months of work experience post-baccalaureate.[46]
[edit] People
[edit] Students
The Marriott School student body comprises approximately 1,900 undergraduate and 1,100 graduate students. Nearly 75 percent of the students are bilingual and about 30 percent speak a third language, most having lived abroad while serving a mission for the LDS Church.[11][47] The school has approximately 10 percent international students and houses more than 25 student clubs.[11] An institution within BYU, all Marriott School students must also adhere to the university's honor code, which prescribes standards of morality, dress and grooming, academic honesty, and drug and alcohol consumption.
Several Marriott School students and student teams have also been recognized for their performance in and out of the classroom. A BYU student team placed #1 at the University of Arizona's annual ethics competition (Duel in the Desert) in 2006 and 2007,[48] and a team of undergraduate accounting students placed #1 in the 2007 Deloitte Tax Case Competition--marking BYU’s seventh consecutive first- or second-place finish in this division.[49] The BYU chapter of the Collegiate Entrepreneurs Organization also received three first-place national chapter awards at the organization’s national conference in Chicago, including “Best in Teaching Entrepreneurship” and “Best Chapter Marketing.”[50] Additionally, a BYU student team was #3 at the 2007 International Venture Capital Investment Competition finals, finishing behind MIT and the University of Virginia.[51]
[edit] Faculty
- See also: List of Brigham Young University faculty
The Marriott School has 130 full-time faculty with more than 90 percent holding Ph.D.s.[11] Many of the faculty have served as president or chair of professional organizations, such as David Whetten (former President of the Academy of Management),[52] Gerry Sander (associate editor of the Academy of Management Journal),[53] Robert Gardner (American Taxation Association),[54] and Steve Albrecht (former President of the Association of Certified Fraud Examiners and of the American Accounting Association).[55] Marriott School faculty has also included such notable professors as Alan Ashton (co-founder of WordPerfect) and Stephen Covey (co-founder of FranklinCovey).
Several Marriott School faculty have been awarded for their efforts in teaching and research, as well as in the community. Kevin Stocks was awarded the 2007 Joseph A. Silvoso Faculty Award of Merit by the Federation of Schools of Accountancy for displaying excellence in accounting education,[56] and Warner Woodworth received the 2007 Faculty Pioneer Award in External Impact from The Aspen Institute's Center for Business Education in recognition for the integration of social issues in research and teaching.[57] Gary Cornia also received the 2006 Stephen D. Gold Award from the Association for Public Policy Analysis and Management,[58] while Chyleen Arbon was appointed to the Utah Advisory Committee to the U.S. Commission on Civil Rights.[59]
[edit] Alumni
- See also: List of Brigham Young University alumni
Graduates from the Marriott School receive competitive salaries and are solicited by some of the best companies in the world—the school was deemed "first among recruiters" by BusinessWeek.[4] Top recruiters historically include Ernst & Young, PricewaterhouseCoopers, Deloitte & Touche, KMPG, and Goldman Sachs.[7] There is also a strong contingency of Marriott School alumni who pursue a career in academia—BYU being ranked #8 nationally for the number of students who go on to earn Ph.Ds.[60] This is due in part to the MAcc Ph.D. Prep Track and the BYU Honors Program.[61]
Alumni of the Marriott School of Management who are prominent in business include Citigroup CFO Gary Crittenden '76[62][63] and former Dell CEO Kevin Rollins '84[64]. In education, Alison Davis-Blake '82 is Dean of the Carlson School of Management at the University of Minnesota,[65] John Grout '84 is Dean of the Campbell School of Business at Berry College,[66] and David A. Bednar '76 served as president of BYU-Idaho.[67] Alumni in other fields include three-time NFL Super Bowl champion Bart Oates '82 and Thomas S. Monson '74, President of The Church of Jesus Christ of Latter-day Saints.[68][69]
Many alumni also choose to participate in the BYU Management Society, which was founded in 1977 by then-Dean Merrill J. Bateman as an organization of alumni and friends. Membership includes not only BYU and Marriott School alumni but also many other business professionals. The Society membership is now at 6,000 members in 40 U.S. cities and 10 countries.[70]
[edit] See also
- List of United States business school rankings
- List of business schools in the United States
- List of deans of the Marriott School of Management
[edit] References
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- ^ Baker, Lisa (2007-04-01). Kevin Rollins Joins TPG Capital as Senior Advisor. Business Wire. Business Wire. Retrieved on 2008-05-01.
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- ^ Chapek, Stephen (2003-03-14). BYU conference centered around movement dedicated to creating jobs, fighting poverty. The Daily Herald. Retrieved on 2008-05-01.
- ^ Center for Entrepreneurship. Marriott School, BYU. Retrieved on 2008-05-01.
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- ^ Microcredit Documentary to Air Nationwide October 27 on Public Television. Marriott School, BYU. Retrieved on 2008-05-01.
- ^ Romney, Marion G. (1977-12-04). N. Eldon Tanner: An Example to Follow. Speeches. Intellectual Reserve, Inc.. Retrieved on 2008-05-07.
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- ^ Covey, Stephen R. (2005). Business with Integrity: Executives and Educators Share Experiences Foreword. Provo, Utah: Brigham Young University Press. ISBN 0842526285.
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