Krannert School of Management

Infobox_University
name = "Krannert School of Management"


motto = "Work hard, work right, work together."
established = 1962
endowment =
dean = Richard A. Cosier
city = West Lafayette
state = IN
country = USA
students = 2,800
undergrad = 2,400
postgrad = 400
affiliations = Purdue University System
website = [http://www.krannert.purdue.edu/ www.krannert.purdue.edu]

The Krannert School of Management is Purdue University's school of management. Krannert is sometimes referred to as the Krannert Graduate School of Management or simply as Krannert. The school was established in 1962 as the Krannert School of Industrial Administration with a $2.7 million endowment from Herman & Ellnora Krannert.

The business school offers a comprehensive set of undergraduate, master's, and doctoral degrees and is generally considered to be among the world's Top 20 business schools at all three levels.

The majority of undergraduate classes are conducted in the Krannert Building, which opened in 1964. Rawls Hall is the home of all the classes in the Masters program. Rawls Hall houses 13 electronically equipped classrooms, a professional career center, a multimedia-based auditorium, 25 breakout rooms, distance learning facilities, and sophisticated computer labs.

The building is named for Krannert master's alum, Jerry S. Rawls. Rawls, the president and chief executive officer of Finisar Corp., donated $10 million to the Krannert at the Frontier Campaign. The gift is the largest in Krannert history and one of the largest at Purdue. In recognition of his generosity, the Purdue Board of Trustees voted in 2000 to name the new Krannert facility, Jerry S. Rawls Hall. The Jerry Rawls Hall was dedicated on October 2nd, 2003.

Undergraduate Programs

The School of Management offers the following undergraduate degree programs. The first three (accounting, management, and industrial management) are built around a common core of professional management courses, while the fourth (economics) combines a broad education in the humanities with an extensive program in economic theory and policy. In keeping with the worldwide scope of the modern manager, all programs include some instruction in the international aspects of business and economics. The "3+2" program is available to outstanding undergraduates in the School of Management. The program allows students to complete their B.S. and MBA degrees in a five-year period.. [ [http://www.krannert.purdue.edu/undergraduate/academics/majors/home.asp Krannert School of Management - Majors Home ] ]

Krannert's undergraduate programs are ranked consistently among the world's elite, the US News and World Report (Fall 2007) placed Krannert as 3rd in Production/Operations Management, 4th in Quantitative Analysis/Methods, 10th in Supply Chain Management/Logistics, 15th in Management Information Systems, and 21st Overall.

Master's & Executive Programs

Rawls Hall is home to an array of professional Master's Programs (MBA, EMBA, International Masters in Management, Master of Science in Human Resource Management, Master of Science in Industrial Administration, Master of Science in Finance, and Part Time Weekend MBA), with fewer than 400 students enrolled at any given time. [ [http://www.mgmt.purdue.edu/programs/masters/home.asp Krannert School of Management - Masters Home ] ]

The school also offers a variety of joint programs with other colleges on campus including the combined Doctor of Pharmacy (PharmD) and Master of Science in Industrial Administration (MSIA), the combined Bachelor of Science in Industrial Engineering (BSIE) and Master of Business Administration (MBA), and the combined Bachelor of Science in Mechanical Engineering (BSME) and Master of Business Administration (MBA)

GISMA MBA

Krannert also affords students the opportunity to earn their MBA-IM degree at Krannert's sister school, the German International Graduate School of Management and Administration (GISMA) in Hannover, Germany. GISMA Business School is known for its unique general management program, which combines the quality of an internationally recognized U.S. MBA degree with extensive real-world experience in a German/European business context.

The full-time MBA program is based on the core curriculum of Purdue University's Krannert School of Management, from which GISMA graduates receive their degrees upon completion of the program. The program is internationally accredited by the AACSB, and consistently rates among the Top 25 in international rankings. . [ [http://www.gisma.com/vollzeitmba.html?&L=1] ] The school also offers the International Master's of Management and GISMA Executive Education programs.

MBA Rankings

Krannert has received wide attention in various ranking publications including the Wall Street Journal (2001-2007) as 1st - Regional (2004-2005, thee finishes in top five from 2004-2007) and 3rd in Operations Management (all seven years of rankings), the U.S. News & World Report (2008) as 3rd in Production/Operations Management, 8th in Supply Chain/Logistics, 12th in Information Systems, 14th in Public Schools, and 33rd Overall (but has been ranked as high as 10th), in Businessweek (2006) as 8th in Public Schools, 17th in Intellectual Capital, and 24th Overall. Krannert has also been recognized by Business 2.0 (2001) as amoing the Top 20 Tech-Savviest MBA Programs and by Computerworld (2001) as amoing the Top 25 Techno-MBA programs.

Krannert's executive master's programs have also received widespread attention by the Financial Times (2007) as 11th in Degree Programs Worldwide (IMM) and 1st in International Course Experience, by U.S. News & World Report (2008) as 20th in the Executive MBA (U.S. Schools), and by Whitefield Consulting Worldwide Rankings (2007) as 8th in Global EMBA Programs (IMM).

Doctoral (Ph.D) Programs

The Krannert Doctoral Programs offer students the opportunity to work closely with first-rate faculty in the areas of Economics, Management (with concentrations in Accounting, Finance, Management Information Systems, Marketing, Operations Management, Quantitative Methods/Management Science, and Strategic Management), and Organizational Behavior & Human Resource Management (OBHR).

The Doctoral Programs of The Krannert School of Management were ranked 19th in the world in the January 2008 Financial Times. The Financial Times rating is based on the number of doctoral graduates from the last three academic years and includes additional weighting for those graduates accepting a faculty position at one of the top 50 MBA schools.

Accreditation

Krannert is accredited by the AACSB, the largest and oldest global business school accreditation organization. About 10 percent of business schools worldwide are accredited by the 555-member association. Purdue is one of 24 schools in the United States and 27 internationally to be reaccredited this year (2008). The renewal of Krannert's accreditation was announced at the association's annual conference in Honolulu in May 2008. Dean Richard A. Cosier will become chair of the association's board of directors in July 2008. [ [http://presszoom.com/story_145122.html Purdue University's Krannert School of Management has been reaccredited] ]

ee also

*List of United States graduate business school rankings
*List of business schools in the United States

References