Olin Business School

Olin Business School
Washington University
in St. Louis
Olin Business School
Motto Creating knowledge... Inspiring individuals... Transforming business.
Established 1917
Type Private
Endowment $249 million[1]
Dean Mahendra Gupta
Academic staff 106
Undergraduates 705
Postgraduates 993
Location St. Louis, Missouri, USA
Website http://www.olin.wustl.edu
The Knight Executive Education Center is a part of the Olin Business School.

The Olin Business School is one of seven academic schools at Washington University in St. Louis. Founded in 1917, the business school was renamed for entrepreneur John M. Olin in 1988. The school offers BSBA, Master of Business Administration (MBA), MS in Supply Chain Management, MS in Finance, Masters in Accounting, Executive MBA, and PhD degrees. In 2002, an Executive MBA program was established in Shanghai, in cooperation with Fudan University.

Olin has been consistently ranked among the world's top business schools by the Wall Street Journal, US News & World Report, the Financial Times, BusinessWeek and the Economist. In 2010, the Wall Street Journal ranked the Executive MBA program 2nd in the world. In the 2011 edition, US News ranked the full-time MBA program 20th in the United States and the part-time MBA program 10th while BusinessWeek ranked the undergraduate program 14th.

The Olin Business School includes the 80,000 sq ft (7,400 m2) Simon Hall, whose 1986 construction was largely funded by a gift from John E. Simon; and the Charles F. Knight Executive Education Center on the Danforth Campus.

Olin has a network of about 17,600 alumni all over the world. In the late 2000s, the business school’s endowment rose to $249 million (2007); annual gifts averaged $12 million per year.

On July 1, 2009, the school took over management of the Brookings Institute's executive management program.[2]

School rankings (overall)
U.S. undergraduate business
Bloomberg BusinessWeek[3] 14
U.S. News & World Report[4] 14
U.S. MBA
Bloomberg BusinessWeek[5] 40
Forbes[6] 47
U.S. News & World Report[7] 20 (full-time)
10 (part-time)
Worldwide MBA
Economist[8] 56
Financial Times[9] 49

Contents

Programs

MBA Program

Admission at Olin is highly competitive. For the class of 2010, there were over 1,200 applications received for 145 seats. Olin has four main rounds and after June they have rolling admissions.

Meant to teach critical thinking and leadership, the MBA curriculum requires completion of 66 credit hours, nearly two-thirds of which are elective courses selected by the student. The fall semester of year one focuses on critical thinking, leadership, career strategy, and the major functional areas of business. During the spring semester of year one and throughout year two, students take mostly elective courses of their choosing, often following the guidelines of concentration areas that help students navigate the curriculum toward their career goals. Elective courses include semester-long (3 credit) courses, six week “mini” (1.5 credit) courses, and work-study positions. Olin MBAs can also take up to nine credits of approved coursework from other graduate programs at Washington University.

Full-Time MBA Class Profile

Class of 2012

  • Class Size: 148
  • Male: 76%
  • Female: 24%
  • International: 34%
  • Underrepresented Minority: 12%
  • Average Age: 27
  • Average Work Experience: 4 Years
  • Average GMAT: 695
  • Average Undergraduate GPA: 3.48

Exchange programs

MBA students can choose to study one semester at Manchester Business School in the United Kingdom, Hong Kong University of Science & Technology in Hong Kong; Otto Beisheim Graduate School of Management at WHU-Koblenz in Koblenz, Germany; École Management de Lyon (EM Lyon) in Lyon, Paris Dauphine University, France; the Institute for Advanced Studies in Administration (IESA) in Caracas, Venezuela; ESADE (Escuela Superior De Administracion Y Direccion De Empresas) in Barcelona, Spain; or the Indian Institute of Management Ahmedabad (IIM) in India.

Executive Education Program

The school's Executive Programs group is in the state-of-the-art Charles F. Knight Executive Education Center on the Danforth Campus.

Doctoral program

The doctoral program emphasizes economics, quantitative methodology, mentoring by faculty, preparing students for careers in scholarship and teaching. There are usually 50 students enrolled in the Ph.D program.

Overall enrollment, 2011

Program Enrollment
Full-Time MBA 291
BSBA 753
PMBA 344
EMBA- St. Louis 124
EMBA - Shanghai 101
EMBA - Kansas City 9
MS Finance 94
MACC 63
PhD 53

Resources

Kopolow Business Library

The Kopolow Business Library offers Dow Jones Interactive, Lexis/Nexis, InfoTrac, and ABI, as well as databases provided by Moody's, Standard & Poor's, Hoover's, and Disclosure. The library also receives real-time stock and other market information through the Bloomberg and Bridge Information systems. It holds around 30,000 books and subscribes to more than 400 business journals, magazines, and newspapers.

Olin Cup

  • The Olin Cup is an annual event held to promote learning and collaboration leading to the creation of new business ventures. Winners of the competition receive up to $50,000 to help establish a business. (Academic credit is not awarded.) Since 2005, the Competition has also awarded $5,000 to the winning student team. All Washington University students and alumni as well as the local business community may compete, but the final prize goes only to teams with at least one current Washington University student or alumnus. Ventures that are Washington University student-owned (at least 51%) or student-supported are also eligible for the $5,000 student prize.

Research centers

  • Boeing Center for Technology, Information and Manufacturing discovers, develops, and helps bring to practice world-leading capabilities in technology, information and manufacturing.
  • Center for Finance and Accounting Research takes on projects presented by companies and assigns a consulting team of students and faculty to work on each one.
  • The Institute for Innovation and Growth fosters and coordinates Olin research in creativity and innovation.
  • Center for Research in Economics and Strategy supports scientific research employing state-of-the-art analytical or empirical methods.

Notable alumni

Adventurer and businessman Steve Fossett.
Charles Nagel founder of the U.S. Chamber of Commerce.

References

  1. ^ http://www.olin.wustl.edu/about/facts.cfm
  2. ^ http://www.brookings.edu/media/NewsReleases/2009/0421_execed_washington_univ.aspx
  3. ^ "Business School Rankings and Profiles: Undergraduate". Bloomberg BusinessWeek. 2010. http://www.businessweek.com/bschools/rankings/. Retrieved 2011-1-19. 
  4. ^ "Best Undergraduate Business Programs". U.S. News & World Report. 2010. http://colleges.usnews.rankingsandreviews.com/best-colleges/spec-business. Retrieved 2011-1-19. 
  5. ^ "Business School Rankings and Profiles: MBA". Bloomberg BusinessWeek. 2010. http://www.businessweek.com/bschools/rankings/. Retrieved 2011-1-19. 
  6. ^ "Best Business Schools". Forbes. 2011. http://www.forbes.com/lists/2011/95/best-business-schools-11_land.html. Retrieved 2011-10-16. 
  7. ^ "Best Business Schools". U.S. News & World Report. 2011. http://grad-schools.usnews.rankingsandreviews.com/best-graduate-schools/top-business-schools/mba-rankings. Retrieved 2011-1-19. 
  8. ^ "Which MBA". The Economist. 2011. http://www.economist.com/whichmba/full-time-mba-ranking. Retrieved 2011-10-16. 
  9. ^ "Global MBA Rankings". Financial Times. 2011. http://rankings.ft.com/businessschoolrankings/global-mba-rankings-2011. Retrieved 2011-1-19. 

External links


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