Isenberg School of Management

The Isenberg School of Management is the business school at the University of Massachusetts Amherst, the flagship campus for the University of Massachusetts system, located in Amherst, Massachusetts, United States. The Isenberg School is accredited by the AACSB International[3] and ACPHA.[4]

Isenberg School of Management
Logo of Isenberg School of Management
Former names
School of Management (1982-1997)
School of Business Administration (1947-1982)
TypePublic Business school
Established1947 (1947)[1]
Endowment$46.68 million[lower-alpha 1]
DeanAnne P. Massey[2]
Academic staff
118
Administrative staff
65
Students4800
Undergraduates3400
Postgraduates1400
72
Location
Amherst
,
Massachusetts
,
United States

42°23′12″N 72°31′29″W
CampusUrban/Suburban
AffiliationsUniversity of Massachusetts Amherst
Websitewww.isenberg.umass.edu

The school offers seven undergraduate majors along with MS, MBA and Ph.D. programs. As of the 2014-2015 academic year, there were approximately 3500 undergraduate students and 1300 graduate students enrolled in the Isenberg School of Management.[5] Isenberg students have wide access to campus resources including over 30 student organizations in the Isenberg School itself, and many more across campus. The school also has a dedicated Chase Career Center, a career and professional development resource tailored especially for the needs of business students.

Currently, the Isenberg School has nearly 44,000 alumni[6] in 72 countries,[7] many of whom are involved in the school in a variety of ways.[7] Current and former CEOs of Fortune 500 companies including General Motors, Deutsche Bank, T-Mobile are also Isenberg alumni.

History
The Isenberg School of Management building on the University of Massachusetts Amherst campus.
Students at the Isenberg School.

Business courses were first offered at the Massachusetts Agricultural College in the early years of the 20th century, expanding rapidly during the 1930s and 1940s in response to student demand. The college's board of trustees established the School of Business Administration in 1947, and within seven years, it was conferring graduate degrees, including doctorates after 1967. The school was accredited at the undergraduate level by the Association to Advance Collegiate Schools of Business in May 1958, and in March 1959, the board of trustees authorized the establishment of four academic departments within the school: Accounting, General Business and Finance, Management, and Marketing. In September 1967, a program leading to the degree of PhD in Business Administration was introduced.

In 1964, the school moved to its current building in the heart of the UMass Amherst campus.[8] In 1983, the School of Business Administration changed its name to School of Management. In 1998 the Isenberg School of Management was named after Eugene Isenberg,[9] the chairman and CEO of Nabors Industries,[10] which at the time was a world leader in gas and petroleum drilling. Isenberg's gift was the largest contribution from an individual in UMass Amherst's history, and facilitated the school's campaign to build its 42,000-square-foot Harold Alfond Management Center addition, and established several endowed chairs for the campus.

Modern expansion
See also: Prix Versailles 2020
Expansion of the Isenberg School through private sector donations, Goody Clancy + BIG.[11]

The business school completed and opened a 70,000-square-foot expansion in 2019.[8] The project was estimated at $62 million and added classrooms, labs, and student-facing spaces.[12][13] The expansion is winner of Special Prize Exterior 2020 by Prix Versailles and was built by Boston-based architects Goody Clancy and Bjarke Ingels Group (Big) of New York and Denmark.[11]

Rankings

Graduate level

At the MBA level, in 2020 U.S. News and World Report ranked Isenberg 53rd overall,[14] and ranked its online MBA program 28th.[15] Financial Times has ranked its online MBA program at 3rd worldwide for the years 2017,[16] 2018,[17] 2019,[17] and 2020.[18]

Individual departments

In 2019, Public Accounting Report’s Annual Professors Survey has ranked the college under top 30 for undergraduate,[19] graduate,[20] and Ph.D. accounting programs.[21]

The McCormack Department of Sport Management has been ranked among top 2 graduate-level sports management program[22] for the fourth time[23] in the world by SportBusiness International.[24][25][26] In 2014 Forbes called the sports management department "a world-wide leader in its field".[27] The school's Hospitality & Tourism Management Department was ranked #32 in the world in 2020 by CEOWORLD magazine.[28]

Academics

Undergraduate programs

  • BBA with major in:
    • Accounting
    • Finance
    • Management
    • Marketing
    • Operations and Information Management
  • B.S. in Hospitality and Tourism Management
  • B.S. in Sport Management

Graduate programs

  • MBA with core curriculum in:
    • Accounting/Finance
    • Management
    • Business Analytics
    • Operations/Information Management
    • Marketing
  • M.S. in Accounting
  • M.S. in Sport Management

Doctorate programs

  • Ph.D. with concentration in:
    • Accounting
    • Finance
    • Hospitality and Tourism Management
    • Management Science
    • Information Systems
    • Marketing
    • Organization Studies
    • Sport Management
    • Strategic Management

MBA and masters program

Isenberg offers full-time, part-time and online programs for its AACSB-accredited MBA degree. The school has the second largest MBA degree program in the Commonwealth of Massachusetts by total enrolled students.[29]

The full-time MBA is a two-year residency program at the UMass Amherst flagship campus. The first-year curriculum focuses on core business disciplines with thematic strength in business analytics, organizational problem solving, and change management; the second year includes consulting/practicum projects, as well as elective courses that allow students to build a focus in areas such as Finance (in areas such as investment management, risk and compliance), Marketing (analytics and public policy), Healthcare Administration, Sport Management, or Entrepreneurship.

Isenberg also offers Dual MBA/MS degrees in six disciplines: Public Policy and Administration, Sport Management, Civil Engineering, Environmental Engineering, Industrial Engineering, and Mechanical Engineering. The part-time MBA can be taken in face to face satellite locations in Boston, Shrewsbury or Springfield, as well as fully online. The master's degree in Healthcare Administration is partnered with American Association for Physician Leadership.[30]

Isenberg also awards M.S. degrees in Accounting and Sport Management.[31]

Isenberg Fellows Residential Academic Program (RAP)

The Isenberg Fellows RAP is divided into two different groups. Students of the Business in Society Fellows will explore how businesses operate in and impact a community. It will highlight the social responsibilities that businesses have, including ethics and community service. The other group is called the Diversity & International Business Fellows, and these students will learn about the global and diversity issues that businesses are facing today.[32]

Isenberg Honors Residential Academic Program (RAP)

The Isenberg Honors RAP has similar features and benefits to the Fellows RAP, but is specifically geared toward students who are both a member of the Isenberg School of Management and also the Commonwealth Honors College. Students will live together with other members of the RAP and also take a year-long seminar led by the Isenberg School of Management Undergraduate Dean.[33]

Research

Researchers at the business school are leading a three-year project that is creating infrastructure and logistics planning models for the 2022 FIFA World Cup.[34][35]

Research centers

The Isenberg School of Management hosts numerous research centers including;[36]

  • Berthiaume Center for Entrepreneurship
  • McCormark Center for Sports Research and Education (MCSRE)
  • Center for International Securities and Derivatives Markets (CISDM)
  • Massachusetts Small Business Development Center
  • Virtual Center for Supernetworks

Student clubs and organizations

Students have over 30 organizations to choose from at the Isenberg School. Each student organization is paired with a faculty advisor and receives support from the entire Isenberg School community.[37]

  • Accounting Association
  • ADS
  • AH&LA
  • American Marketing Association
  • Beta Alpha Psi
  • Business Law Club
  • CMAA
  • Eta Sigma Delta
  • Delta Sigma Pi
  • Finance Society
  • FBMA
  • INFORMS
  • Investment Club}}
  • Isenberg Honors Council
  • Isenberg Undergraduate Consulting Group
  • Isenberg Management Association
  • Isenberg Marketing Club
  • Isenberg Operations & Information Club
  • ITCC
  • IWiB
  • Jewish Leaders in Business
  • MEMA
  • Minutemen Equity Fund
  • Minutemen Fixed Income Fund
  • NABA
  • Net Impact
  • Networking Club
  • NSMH
  • OUT@Isenberg
  • Real Estate Club
  • ULead
  • UMASSM
  • UMass Real Estate Club
  • WISM

Donor programs

The Berthiaume Center for Entrepreneurship,[38][39] endowed in 2014 by Douglas and Diana Berthiaume as part of a $10 million gift, plays a central role in promoting entrepreneurship and innovation across the UMass Amherst campus and throughout the region and state. Headquartered in the Isenberg School of Management, the center serves as a hub of a cross-campus network of scholars, innovators, and entrepreneurs, with a three-fold mission of supporting research, education, and practice, all targeted at facilitating the transformation of ideas into business realities.

Notable alumni

Business and sports

Medicine

Armed forces and police

Honorary alumni

Notable faculty

Current Endowed Professors and Chairs

  • Hossein Kazemi, Michael and Cheryl Philipp Professor of Finance
  • Anna Nagurney, John F. Smith Memorial Professor of Operations Management

See also

References
  1. "History". Isenberg School of Management. Retrieved July 29, 2020.
  2. "UMass Amherst names first female dean for Isenberg School". Boston Business Journal. Retrieved April 30, 2020.
  3. "University of Massachusetts Amherst, Isenberg School of Management". Association to Advance Collegiate Schools of Business. Retrieved April 30, 2020.
  4. "List of ACPHA Accredited Programs". Accreditation Commission for Programs In Hospitality Administration. Retrieved August 7, 2016.
  5. "Data" (PDF). www.umass.edu. 2019. Retrieved 2019-05-13.
  6. "Isenberg School of Management: Facts". Isenberg School of Management. Retrieved October 31, 2019.
  7. "Isenberg School of Management: Alumni Enagagement". Isenberg School of Management. Retrieved January 30, 2017.
  8. Marani, Matthew (July 31, 2019). "BIG's copper-and-glass-clad Isenberg School Expansion falls into place". The Architect's Newspaper. Retrieved July 29, 2020.
  9. "UMass business school gets new name, direction". Boston Business Journal. Retrieved July 14, 2012.
  10. "A Very Rich Adieu for Nabors CEO". The Wall Street Journal. Retrieved July 14, 2012.
  11. "Groundbreaking at UMass Amherst Isenberg School of Management". Goody Clancy. Retrieved March 20, 2017.
  12. "UMass business school expansion turns to private sector for donations". The Boston Globe. Retrieved July 16, 2016.
  13. "Open For Business: Spring 2019". Isenberg School of Management. Retrieved July 16, 2016.
  14. "2021 Best Business Schools". U.S. News & World Report. Retrieved July 30, 2020.
  15. "Best Online MBA Programs". U.S. News & World Report. Retrieved July 30, 2020.
  16. "Online MBA Ranking 2017". Financial Times. Retrieved July 30, 2020.
  17. "Online MBA Ranking 2019". Financial Times. Retrieved October 28, 2019.
  18. "Financial Times Rankings: Online MBA Ranking 2020". Financial Times. Retrieved May 27, 2020.
  19. "38th Annual Professors Survey - 2019 : 2019 Top 50 Undergraduate Accounting Programs" (PDF). W. P. Carey School of Business. Retrieved 10 June 2020.
  20. "38th Annual Professors Survey - 2019 : 2019 Top 50 Master's Accounting Programs" (PDF). W. P. Carey School of Business. Retrieved 10 June 2020.
  21. "Public Accounting Report 2018" (PDF). W. P. Carey School of Business. Retrieved 10 June 2020.
  22. "Post Graduate Sports Business Course Rankings for 2020" (PDF). Sports Business International. Retrieved November 10, 2020.
  23. "UMass Sport Management Graduate Program Earns Top International Ranking". University of Massachusetts Amherst. Retrieved November 10, 2020.
  24. "University of Massachusetts Amherst tops SportBusiness Postgraduate Course Rankings 2019". SportBusiness. 2019-05-29. Retrieved 2019-05-30.
  25. "Post Graduate Sports Business Course Rankings for 2016" (PDF). Sports Business International. Retrieved August 6, 2016.
  26. "2016 postgraduate sports course rankings". Sports Business International. Retrieved August 6, 2016.
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  28. "Best Hospitality And Hotel Management Schools In The World For 2020". CEOWORLD. Retrieved July 31, 2020.
  29. "Largest MBA Programs in Massachusetts". Boston Business Journal. Retrieved June 13, 2020.
  30. "American Association for Physician Leadership Education Partners". American Association for Physician Leadership. Retrieved June 4, 2020.
  31. "All Masters Programs Landing Page - Isenberg Website - Isenberg School of Management - UMass Amherst". www.isenberg.umass.edu.
  32. "Archived copy". Archived from the original on 2010-06-11. Retrieved 2011-02-01.CS1 maint: archived copy as title (link)
  33. "Archived copy". Archived from the original on 2011-07-20. Retrieved 2011-02-01.CS1 maint: archived copy as title (link)
  34. "World Cup: Modeling System-Wide Infrastructure and Capacity Planning in Qatar". University of Massachusetts Amherst. Archived from the original on February 23, 2014. Retrieved February 18, 2014.
  35. "Isenberg Researcher's Infrastructure Models Will Support Future World Cup Tournament". University of Massachusetts Amherst. Archived from the original on February 23, 2014. Retrieved February 18, 2014.
  36. "Archived copy". Archived from the original on 2013-04-03. Retrieved 2013-03-22.CS1 maint: archived copy as title (link)
  37. "Student Clubs & Organizations at Isenberg School of Management". University of Massachusetts Amherst. Archived from the original on March 5, 2014.
  38. "Milford: Waters Corp. CEO gives $10 million to UMass". The MetroWest Daily News. Retrieved April 28, 2014.
  39. "Waters CEO Douglas Berthiaume and his wife give $10M to UMass Amherst". Boston Business Journal. Retrieved April 28, 2014.
  40. "A UMass Pre-Med Student Is Supposedly Dating Drake (Again)". Boston. Retrieved September 16, 2020.
  41. "David G. Fubini, Senior Lecturer of Business Administration". Harvard Business School. Retrieved August 10, 2016.
  42. "Mujde Yuksel: Assistant Professor of Marketing". Suffolk University. Retrieved May 21, 2019.
  43. "Ryan Guggenmos: Assistant Professor". Samuel Curtis Johnson Graduate School of Management. Retrieved May 21, 2019.
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  46. "Mohammed Chaudhry, M.D., Deputy Chief of Staff". Johns Hopkins School of Medicine. Archived from the original on September 18, 2016. Retrieved August 1, 2016.
  47. "Monmouth Medical Center Welcomes Marc Laufgraben as Chairman of the Department of Medicine". Monmouth Medical Center. Retrieved August 1, 2016.
  48. "Lieutenant General John B. Hall Jr". United States Air Force. Retrieved December 8, 2020.
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  51. "A Twitter Executive's Philosophy on Entrepreneurship". Isenberg School of Management. Retrieved 24 May 2017.
  52. "Twitter executive Wayne Chang tells UMass graduates to 'hack the system'". MassLive.com. Retrieved 24 May 2017.
  53. "Former NBA Commissioner David Stern Named McCormack Department of Sport Management Executive-in-Residence at UMass Amherst". University of Massachusetts Amherst. Retrieved 2 November 2019.
  54. "David Stern, Commissioner Emeritus of the National Basketball Association, Named McCormack Executive-in-Residence at UMass Amherst". Isenberg School of Management, UMass Amherst. Retrieved 2 November 2019.

Notes

  1. As of 2018-2019, the total endowment of the business school is $46,687,542. The total operating budget has been $38,934,398 for 2018-2019. The figures and the financial data reports are from Isenberg School's Dean's Report 2018-2019.

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