The Scheller College of Business is the

business school A business school is a university-level institution that confers degrees in business administration or management. A business school may also be referred to as school of management, management school, school of business administration, or ...

at the

Georgia Institute of Technology The Georgia Institute of Technology, commonly referred to as Georgia Tech or, in the state of Georgia, as Tech or The Institute, is a public research university and institute of technology in Atlanta, Georgia. Established in 1885, it is part of ...

, a

public In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichk ...

research university A research university or a research-intensive university is a university that is committed to research as a central part of its mission. They are the most important sites at which knowledge production occurs, along with "intergenerational kno ...

Atlanta, Georgia Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,71 ...

. It was established in 1912, and is consistently ranked in the top 30 business programs in the nation.

History

The Georgia Tech Scheller College of Business was established more than a century ago and has a distinguished history as part of a world-renowned technological research university. Georgia Tech's business school began in 1912 with the creation of the School of Commerce. In 1933 this school was moved to the

University of Georgia , mottoeng = "To teach, to serve, and to inquire into the nature of things.""To serve" was later added to the motto without changing the seal; the Latin motto directly translates as "To teach and to inquire into the nature of things." , establ ...

during the newly created

Georgia Board of Regents The Georgia Board of Regents oversees the University System of Georgia as part of the state government of Georgia in the United States. The University System of Georgia is composed of all state public institutions of higher education in the state. T ...

' decision to consolidate Georgia's system of higher education. It would later become

Georgia State University Georgia State University (Georgia State, State, or GSU) is a public research university in Atlanta, Georgia. Founded in 1913, it is one of the University System of Georgia's four research universities. It is also the largest institution of high ...

. To meet the need for management training in technology, an Industrial Management degree was established in 1934, with a

master's degree A master's degree (from Latin ) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice.

in the subject becoming the first professional management degree offered in the state 11 years later. The PhD program began in 1970.Blum, Terry C. and Nathan Bennett.
College of Management at Georgia Tech: A College Positioned for a Compelling Opportunity
in ''Elite MBA Programs at Public Universities: How a Dozen Innovative Schools are Redefining Business Education'' (

Praeger Publishers Greenwood Publishing Group, Inc. (GPG), also known as ABC-Clio/Greenwood (stylized ABC-CLIO/Greenwood), is an educational and academic publisher (middle school through university level) which is today part of ABC-Clio. Established in 1967 as Gr ...

2004) In 1989, the College of Management, previously named the School of Commerce, combined with the social sciences, humanities, and economics departments to form the Ivan Allen College of Management, Policy and International Affairs. Nine years later, in 1998, the College of Management separated from the Ivan Allen College of Liberal ArtsIvan Allen College History
to become its own college. In 1996, Georgia Tech alumnus and

restaurateur A restaurateur is a person who opens and runs restaurants professionally. Although over time the term has come to describe any person who owns a restaurant, traditionally it refers to a highly skilled professional who is proficient in all aspec ...

Thomas E. DuPree, Jr. pledged a $20 million donation to the College of Management, resulting in the college being named the DuPree College of Management in his honor. However, while DuPree donated over $5 million to the college, his name was removed from the college in 2004 when the additional $15 million was not forthcoming.(5 March 2004)
Georgia Tech removes DuPree's name from business school
''Atlanta Business Chronicle'' DuPree had recently resigned as board

chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

and

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...

of Avado Brands, the parent company of several

chain restaurant A chain store or retail chain is a retail outlet in which several locations share a brand, central management and standardized business practices. They have come to dominate the retail and dining markets and many service categories, in many p ...

s that had recently filed for

Chapter 11 bankruptcy Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, wheth ...

. In a carefully worded statement, Georgia Tech President G. Wayne Clough remarked that while DuPree's name would be "reluctantly" removed from the college, "We retain the utmost respect for Tom DuPree and all of his remarkable accomplishments and many philanthropic activities." DuPree's donation of over $5 million to the college did fund nearly 200 scholarships although the remaining pledged donations were never provided. On November 6, 2009, the College of Management received an anonymous gift of $25 million. The donor was later identified as Ernest Scheller, Jr., a Georgia Tech alumnus with a degree in Industrial Management (now known as a Bachelor of Science in Business Administration) and former chairman of Silberline Manufacturing, a Hometown, Pennsylvania-based pigment manufacturer. Scheller used $20 million of his donation as a one-to-one challenge grant designed to inspire charitable gifts and commitments from other donors. Fundraising for the challenge concluded on June 30, 2012. The remaining $5 million of Mr. Scheller's initial $25 million donation has been designated as discretionary funds to be dispersed by the deans. In June 2012, the college announced a $50 million gift from Ernest Scheller Jr.Diamond, Laura (11 June 2012)
Georgie Tech Receives transformational donation
''

Atlanta Journal-Constitution ''The Atlanta Journal-Constitution'' is the only major daily newspaper in the metropolitan area of Atlanta, Georgia. It is the flagship publication of Cox Enterprises. The ''Atlanta Journal-Constitution'' is the result of the merger between ...

''(12 June 2012)
Officials say funds will transform the business college
''

'', p. B1 (paywall) This $50 million included the $25 million that had been given by him anonymously in 2009. It was the largest cash gift in Georgia Tech's history. As a result of Mr. Scheller's gift, the College of Management was renamed the Ernest Scheller Jr. College of Business and his donations have been used to double the college's endowment, enriching academic programs, growing the faculty, and strengthening the Ph.D. program, among other uses.

Facilities

In 2000, Georgia Tech undertook a $180 million building project in Atlanta called Technology Square. This new multi-building complex, home to the College of Business, is a fusion of business, education, research, and retail space. The complex also houses The Global Learning Center, Advanced Technology Development Center, Economic Development Institute, Center for Quality Growth and Regional Development as well as the Georgia Tech Hotel and Conference Center. The facilities are located in

Midtown Atlanta Midtown Atlanta, or Midtown, is a high-density commercial and residential neighborhood of Atlanta, Georgia. The exact geographical extent of the area is ill-defined due to differing definitions used by the city, residents, and local business ...

next to several major corporate headquarters such as

Bellsouth BellSouth, LLC (stylized as ''BELLSOUTH'' and formerly known as BellSouth Corporation) was an American telecommunications holding company based in Atlanta, Georgia. BellSouth was one of the seven original Regional Bell Operating Companies after ...

(AT&T), The

Coca-Cola Company The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups ...

Turner Broadcasting System Turner Broadcasting System, Inc. (alternatively known as Turner Entertainment Networks from 2019 until 2022) was an American television and media conglomerate. Founded by Ted Turner and based in Atlanta, Georgia, it merged with Time Warner (la ...

Inc. and

Earthlink EarthLink is an American Internet service provider. It went public on NASDAQ in January 1997. Much of the company's growth was via acquisition; by 2000, ''The New York Times'' described Earthlink as the "second largest Internet service provider ...

. The purpose of Technology Square is to promote the formation of a high tech business cluster centered around a premier research university. Similar formations have taken place in cities such as

Palo Alto Palo Alto (; Spanish for "tall stick") is a charter city in the northwestern corner of Santa Clara County, California, United States, in the San Francisco Bay Area, named after a coastal redwood tree known as El Palo Alto. The city was est ...

and

Boston Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- m ...

, both nexuses of thriving high-tech corridors. On November 24, 2006, the Scheller College of Business dedicated the Ferris-Goldsmith Trading Floor. The trading floor includes 54 dual-display computers as well as electronic stock information on the walls and is used to train all levels of management students to use financial analysis and electronic trading tools. Business faculty use the facility to research improved human performance in trading environments as well as create new financial service models. The trading floor houses the Quantitative and Computational Finance program. In September 2018, Georgia Tech announced the beginning of the Tech Square Phase III initiative. The two-tower complex will add more than 400,000 gross square feet of space to Tech Square. One of the two planned high-rises, Scheller Tower, will be a new resource for the Scheller College of Business that expands the college's footprint within Tech Square. The earliest the building will open is in 2022.

Academics

Undergraduate

The Scheller College of Business offers a BS in

Business Administration Business administration, also known as business management, is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. From the point of view of manageme ...

.College of Business Programs
/ref>

MBA programs

Reputation and rankings

The college's

Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

(MBA) program is highly ranked. As part of the 2021-2022 Best Business Schools ranking, Bloomberg

Businessweek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...

ranked Scheller College No. 9 among public institutions and No. 29 overall. The program was also ranked No. 8 among public institutions in the Compensation Index, which measures pay right after graduation, percentage of students employed three months after graduation, percentage of class receiving a signing bonus, size of bonuses, and alumni earnings.

Curriculum and format

Georgia Tech Scheller College of Business offers three MBA programs: Full-time, Evening, and Executive.

= Full-time MBA

= Scheller's Full-time MBA is a two-year degree consisting of one year of required courses and another year of mostly elective courses. The Full-time MBA program offers classes Monday through Friday and enrollment takes place once per year in August.

= Evening (part-time) MBA

= The Evening MBA program offers classes Monday through Thursday evening. The program enrolls twice per year, in January and August. Scheller's Evening (part-time) MBA offers the same core curriculum and concentrations as the Full-time MBA program but allows students to take courses at their own pace with an average completion rate of 24 to 36 months.

= Executive MBA

= The Executive (weekend) MBA is a 17-month program with classes on Fridays and Saturdays for professionals with five or more years of professional work experience. Students can select one of two customizable tracks: Global Business or Management of Technology.

Postgraduate

The college offers a PhD in

Management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities ...

. It is limited to full-time students who will complete their entire doctoral program before leaving the campus. There are seven concentrations: Accounting, Finance, Information Technology Management, Marketing, Operations Management, Organizational Behavior, and Strategy and Innovation.

Centers and Initiatives

Business Analytics Center

The Business Analytics Center (BAC) brings together industry leaders, Georgia Tech faculty, and business analytics students to support programs offered by the College and Georgia Tech, including an MBA concentration in Business Analytics, a Certificate in Analytics, and one-year interdisciplinary Master of Science in Analytics.

Cecil B. Day Program for Business Ethics

Named for Cecil B. Day, founder of Days Inns of America, the program supports the Institute of Leadership and Social Impact's (ILSI) Ideas to Serve program, the Net Impact program, an annual speaker series, and a grant for faculty who incorporate ethics into their curriculum.

Center for International Business and Research

The mission of the Center for International Business and Research's (CIBER) mission is to ensure the long-term international economic competitiveness of the United States through the support of research, business education initiatives, and corporate outreach activities with forums, conferences, and thought leadership. It is one of only 17 national resource centers of excellence in international business funded by the U.S. Department of Education.

Creative Destruction Lab

The Creative Destruction Lab (CDL) is an objectives-based program for massively scalable, seed-stage, science and technology-based ventures. It supports ventures in commerce, consumer health, engineering, finance, logistics, public health, transportation, and more. The program's mentors provide assistance to technical founders who learn from other entrepreneurs. The TI:GER (Technology Innovation: Generating Economic Results) program is the educational arm of CDL-Atlanta.

Financial Analysis Lab

The Financial Analysis Lab conducts unbiased research on issues of financial reporting and analysis. Their focus is on issues of interest to a large segment of stock market participants. Depending on the issue, the lab may focus attention on individual companies, groups of companies, or segments of the market at large and produce a quarterly report of cash flow trends and their quarterly drivers.

Institute for Leadership and Social Impact

The Institute for Leadership and Social Impact (ILSI) is an interdisciplinary center that promotes servant leadership and organizational practices through workshops, coursework, a major lecture series (the Impact Speaker Series), the Ideas to Serve student social innovation competition, the Servant Leadership Student Fellows program, and the Leadership for Social Good Study Abroad program.

Program for Engineering Entrepreneurship

The Program for Engineering Entrepreneurship is a collaboration between the Scheller College of Business, the College of Engineering, and the Woodruff School of Mechanical Engineering. The program's focus includes a graduate-level curriculum leading to a Certificate in Engineering Entrepreneurship, and short courses on a variety of topics for faculty members, scientists, and engineers, academic conferences, and seminars.

Ray C. Anderson Center for Sustainable Business

The Ray C. Anderson Center for Sustainable Business (ACSB), named in honor of Georgia Tech alumnus Ray C. Anderson, focuses on conducting research, educating students, and partnering with industry practitioners to support the development of sustainable business practices. The center works with faculty research initiatives, offers grants to students interested in business sustainability, and partners with other universities for the Global Social Venture Competition. It also helps supports the Idea to Serve and Carbon Reduction Challenge Competitions.

Steven A. Denning Management & Technology Program

The Steven A. Denning Technology & Management (T&M) Program is open to all Georgia Tech undergraduate students. Business and Engineering students who complete the program earn a minor in Engineering & Business. Computer Science and IT Management students earn a minor in Computing & Business. Students from all other colleges earn a minor in Technology & Business.

TI:GER® (Technology Innovation: Generating Economic Results)

The TI:GER^® (Technology Innovation: Generating Economic Results) program is a 16-month transdisciplinary program that prepares students for careers in technology innovation. MBA students work with PhD students from Georgia Tech's

College of Engineering Engineering education is the activity of teaching knowledge and principles to the professional practice of engineering. It includes an initial education (bachelor's and/or master's degree), and any advanced education and specializations that ...

, College of Computing, and College of Sciences on a project in innovative technology with a possibility for commercialization.

Notable College of Business Alumni

References

External links

Scheller College of BusinessArticle on the College of Business from the New Georgia Encyclopedia
{{authority control Georgia Tech colleges and schools Business schools in Georgia (U.S. state) Educational institutions established in 1934 1934 establishments in Georgia (U.S. state)