| Established | 1914 |
|---|---|
| University | Tulane University |
| School type | Private |
| Dean | Ira Solomon |
| Students | 1,580 |
| Endowment | $1 billion (Tulane University)[1] |
| Location | New Orleans, Louisiana, USA |
| Home page | www.freeman.tulane.edu |
The Freeman School of Business, at Tulane University, is located in New Orleans, LA. The school offers undergraduate programs, a full-time MBA program and other master's programs, doctoral programs, and many executive-education programs, and consistently ranks among the top business schools nationally and globally and was a charter member of the Association to Advance Collegiate Schools of Business in 1916.[2]
The school is known in the finance community as the publisher of the Burkenroad Reports, and is regularly ranked among the top ten schools in finance by the Financial Times.[3] Additionally, Entrepreneur Magazine consistently ranks the Freeman School among the top twenty schools for entrepreneurship; giving the school a ranking of #4 in 2009.[4] The Financial Times's Global MBA Rankings 2010 ranked the Freeman School as the 35th best business school in the United States;[5] the U.S. News & World Report ranked the MBA program 40th in 2011.[6]
The school's main location, in the center of Tulane's Uptown New Orleans campus, is next to the Tulane University Law School and across a pedestrian thoroughfare (McAlister Place) from the University's student center. Every year, leading finance and M&A practitioners from throughout the United States come to Tulane to attend the Tulane Corporate Law Institute forum. The school was named in honor of Alfred B. Freeman, a former Coca-Cola Bottling Co. chairman and prominent New Orleans philanthropist.
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In 1914, Tulane University's business school was founded as the "College of Commerce and Business Administration". Two years later, the school became one of the fourteen founding members of the American Assembly of Collegiate Schools of Business (AACSB), the nation’s accrediting body for business schools. In 1940, the school began offering the Master of Business Administration program. The Doctor of Philosophy program began in 1976, and the Executive MBA program began in 1983. Three years later, the school moved from Norman Mayer Memorial Hall, one of the oldest buildings on Tulane's campus, to its present home, Goldring/Woldenberg Hall. Since then, a separate graduate-programs building was constructed, giving the school two main buildings along McAlister Place in the center of Tulane's Uptown New Orleans campus.
The Burkenroad Reports provide stock analyses of small- to mid-size companies throughout the Texas to Florida region of the United States.[7] Many of these companies would otherwise not be covered by bulge bracket financial firms; consequently, the reports provide unique information that investors rely on, which helps the followed companies gain access to capital.
Students are the primary authors of the reports, and they get the opportunity to visit the followed companies and interview top management.[8] This process allows students to gain practical and marketable stock analysis skills, as well as insight into strategic management.
As part of their international-business concentration, all Freeman MBAs complete modules on conducting business in Latin America, Europe and Asia. Each module includes a trip to the region being reviewed, where classes are taught at local business schools and students get the opportunity to visit local businesses. Recent visits took place in Paris, Beijing, Mexico City, Monterrey, and Buenos Aires. Schools visited have included ITAM, Tsinghua University and EGADE.
Within the United States, the Freeman School annually hosts company visits at corporate headquarters in New York City, Houston, and Washington, D.C. New Orleans employers typically come directly to the Uptown New Orleans campus. The school refers to these events as "Freeman Days." Past employer-participants have included Morgan Stanley, Google, Booz Allen, and Goldman Sachs.
The global reach of the Freeman School's programs help it to attract a diverse student body with geographically-diverse post-graduation plans. Students come from, and find jobs in, cities throughout the United States and around the world.
The Levy-Rosenblum Institute seeks to provide entrepreneurial-minded students with opportunities to develop entrepreneurial skills inside and outside of the classroom. As such, the program connects students with entrepreneurial professors and full-time entrepreneurs in a wide-variety of fields. Donations from the Levy-Rosenblum Foundation and other charitable entities have resulted in a great number of monetary-award-winning opportunities for Freeman students with entrepreneurial ideas.[9] Because of the Institute's resources—including the ability to offer $200,000 annually in merit-based scholarships and an annual business-plan competition with a prize of $50,000—Tulane consistently ranks among the top 20 universities for entrepreneurship by Entrepreneur Magazine.[4]
The school offers a Bachelor of Science in Management degree, as well as numerous graduate degrees, including the following: Master of Business Administration (MBA), Master of Accounting, Master of Finance, Master of Management, Master of Risk Management, Doctor of Philosophy.[10]
Joint-degree offerings include, but are not limited to, the MBA/JD (Law), MBA/MPH (Health Systems Management), MBA/MA (Latin American Studies), MBA/MD, MBA/BA, and Master of Accounting/BA.
The Freeman School maintains facilities in both New Orleans and Houston. Its two main buildings sit in the center of Tulane's Uptown New Orleans campus, which is located on St. Charles Avenue, across from Audubon Park.
Goldring/Woldenberg Hall I (GW I) was completed in 1986. It primarily houses the undergraduate programs. Construction of Goldring/Woldenberg Hall II (GW II) was completed in November 2003. The building sits next to GW I and across the street from Tulane's Lavin-Bernick Center (LBC), a state-of-the-art student center completed in 2006. GW II houses the graduate business programs and a trading room.[11]
GW II also houses a trading room at the main entrance of the building.[11] The room has ninety-eight flat-screen computer monitors (two for each work space), several televisions to provide news coverage, and a news ticker / stock ticker monitor that can be read from the nearby McAlister Place. All the desks have access to Bloomberg and Reuters financial databases. The trading room is meant to resemble similar spaces that can be found at banks and brokerage houses in London's Canary Wharf, New York City, Connecticut, Houston, and San Francisco.
In late November 2008, the university announced that donors are funding elimination of the street (McAlister Drive) between the Uptown business school and the cafeteria/bookstore, to transform the center of campus "into a vibrant, pedestrian environment."[12] Between 2003 and 2009, the Entergy Corporation donated $1 million to the Freeman School to develop the Tulane Energy Institute, a program aimed to stimulate energy-related instruction.[13] In March 2009, the University announced the designation of a $1.5 million donation to support in perpetuity an MBA/JD professor of national stature at Tulane.[14]
Several news publications, including the Financial Times, Forbes, América Economía and the U.S. News & World Report, regularly rank the Freeman School among the top 50 business schools in the nation. Individually, the Finance department has been ranked among the top 10 in the world by the Financial Times on several occasions. Also, Entrepreneur Magazine has consistently ranked Freeman among the top 20 schools for entrepreneurship.[4][45]
The Freeman School's Finance department was ranked 6th in the world by the Financial Times in 2005,[46] and 10th in 2008.[47]
MBA program ranked 4th by Entrepreneur Magazine in 2009,[4] 17th in 2008, and 13th in 2006
MBA program ranked 35th in the U.S. by the Financial Times in 2010.
MBA program was ranked 40th by U.S. News & World Report in 2011.[48]
MBA program ranked 22nd by AméricaEconomía magazine in 2006, and 24th in 2008[49]
MBA program ranked 39th on Fortune magazine's list of the Top 50 B-Schools for Getting Hired (February 2007)[50]
MBA program ranked 44th by Forbes in 2007;[51] 52nd in 2009[52]
MBA program ranked 46th by the Financial Times (2008)[53]
Undergraduate business program ranked 43rd by U.S. News & World Report (Sept. 2008)[54]
Executive MBA program ranked 6th in Latin America by AméricaEconomía magazine (August 2006)
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