Carroll School Of Management
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The Boston College Carroll School of Management (CSOM) is the
business school A business school is a higher education institution or professional school that teaches courses leading to degrees in business administration or management. A business school may also be referred to as school of management, management school, s ...
of
Boston College Boston College (BC) is a private university, private Catholic Jesuits, Jesuit research university in Chestnut Hill, Massachusetts, United States. Founded in 1863 by the Society of Jesus, a Catholic Religious order (Catholic), religious order, t ...
in
Chestnut Hill, Massachusetts Chestnut Hill is a wealthy New England village located west of downtown Boston, Massachusetts, United States. It is best known for being home to Boston College and a section of the Boston Marathon route. Like all Massachusetts villages, Ch ...
. Established in 1938, the Carroll School offers
Bachelor of Science A Bachelor of Science (BS, BSc, B.S., B.Sc., SB, or ScB; from the Latin ') is a bachelor's degree that is awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Scienc ...
,
Master of Business Administration A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular ...
(MBA), and
Doctor of Philosophy A Doctor of Philosophy (PhD, DPhil; or ) is a terminal degree that usually denotes the highest level of academic achievement in a given discipline and is awarded following a course of Postgraduate education, graduate study and original resear ...
(Ph.D.) degrees, in addition to
Master of Science A Master of Science (; abbreviated MS, M.S., MSc, M.Sc., SM, S.M., ScM or Sc.M.) is a master's degree. In contrast to the Master of Arts degree, the Master of Science degree is typically granted for studies in sciences, engineering and medici ...
degrees in both
finance Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...
and
accounting Accounting, also known as accountancy, is the process of recording and processing information about economic entity, economic entities, such as businesses and corporations. Accounting measures the results of an organization's economic activit ...
, along with joint degree programs with Boston College's other schools.


History

In 1938, the Carroll School was founded as the College of Business Administration. At the invitation of Boston College president Father William J. McGarry, S.J., more than 30 prominent businessmen and bankers from Boston and New York City provided counsel to the school as members of an advisory committee. Seventy-two student candidates were selected from over 100 applications to begin study. Classes began on September 16, 1938, in a building, which housed other graduate programs, at 126 Newbury Street in downtown
Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...
. The business school's enrollment was about 330 by the time 52 students first graduated in June 1942. CSOM's home, Fulton Hall, is named for Father Robert Fulton, the first dean and twice president of Boston College. It was designed in the late 1940s in the
collegiate gothic Collegiate Gothic is an architectural style subgenre of Gothic Revival architecture, popular in the late-19th and early-20th centuries for college and high school buildings in the United States and Canada, and to a certain extent Europ ...
style by the Boston firm of Maginnis and Walsh. In addition to the James J. Byrnes Library, the building housed an industrial management laboratory in the basement that was considered innovative in the era of the "efficiency expert" and time-and-motion studies. In 1993, Fulton Hall underwent a major renovation by Svigals & Associates, a New Haven, Connecticut-based firm. The school was renamed in 1989 in honor of industrialist and alumnus Wallace E. Carroll of Katy Industries, whose $10 million donation was the largest private grant to the university at the time.


Undergraduate program


Admissions

Prospective Carroll School students apply directly to the school during their senior year of high school, either through the Early Decision (ED I or ED II) or Regular Decision process. The acceptance rate for the CSOM was 25% for the Class of 2012, and the total of undergraduate business applicants was 6,729. 28% of admitted CSOM applicants chose to enroll in the school.


Academics

The Carroll School's undergraduate program offers a balance of both a liberal arts education and a general management curriculum. In addition to coursework for a student's declared concentration, undergraduates are expected to fulfill the university's core curriculum and CSOM's curriculum in general management, which encompasses courses in
accounting Accounting, also known as accountancy, is the process of recording and processing information about economic entity, economic entities, such as businesses and corporations. Accounting measures the results of an organization's economic activit ...
,
finance Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...
,
operations management Operations management is concerned with designing and controlling the production (economics), production of good (economics), goods and service (economics), services, ensuring that businesses are efficiency, efficient in using resources to meet ...
,
marketing Marketing is the act of acquiring, satisfying and retaining customers. It is one of the primary components of Business administration, business management and commerce. Marketing is usually conducted by the seller, typically a retailer or ma ...
, and
economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...
. Beginning with students of the Class of 2013, the school required its incoming freshmen to enroll in a course called "Portico." This course, while serving as an introduction to CSOM for new undergraduates, also serves to teach new students about business ethics through the readings of
Plato Plato ( ; Greek language, Greek: , ; born  BC, died 348/347 BC) was an ancient Greek philosopher of the Classical Greece, Classical period who is considered a foundational thinker in Western philosophy and an innovator of the writte ...
,
Aristotle Aristotle (; 384–322 BC) was an Ancient Greek philosophy, Ancient Greek philosopher and polymath. His writings cover a broad range of subjects spanning the natural sciences, philosophy, linguistics, economics, politics, psychology, a ...
,
Immanuel Kant Immanuel Kant (born Emanuel Kant; 22 April 1724 – 12 February 1804) was a German Philosophy, philosopher and one of the central Age of Enlightenment, Enlightenment thinkers. Born in Königsberg, Kant's comprehensive and systematic works ...
, and
Ayn Rand Alice O'Connor (born Alisa Zinovyevna Rosenbaum; , 1905March 6, 1982), better known by her pen name Ayn Rand (), was a Russian-born American writer and philosopher. She is known for her fiction and for developing a philosophical system which s ...
. This course will supersede the previous version of the course, which was known as "Introduction to Ethics." Students may dual-concentrate (but not triple-concentrate) within CSOM, pursue minors in either the Lynch School of Education or in the College of Arts and Sciences, enroll in the pre-med program, or even pursue a full major in the College of Arts and Sciences while enrolled as a student in CSOM. CSOM offers concentrations in
accounting Accounting, also known as accountancy, is the process of recording and processing information about economic entity, economic entities, such as businesses and corporations. Accounting measures the results of an organization's economic activit ...
, accounting information systems,
business analytics Business analytics (BA) refers to the skills, technologies, and practices for iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights ...
, corporate reporting,
computer science Computer science is the study of computation, information, and automation. Computer science spans Theoretical computer science, theoretical disciplines (such as algorithms, theory of computation, and information theory) to Applied science, ...
,
economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...
,
entrepreneurship Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entrepreneu ...
,
finance Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...
, general management,
information system An information system (IS) is a formal, sociotechnical, organizational system designed to collect, process, Information Processing and Management, store, and information distribution, distribute information. From a sociotechnical perspective, info ...
, management leadership,
marketing Marketing is the act of acquiring, satisfying and retaining customers. It is one of the primary components of Business administration, business management and commerce. Marketing is usually conducted by the seller, typically a retailer or ma ...
, and
operations management Operations management is concerned with designing and controlling the production (economics), production of good (economics), goods and service (economics), services, ensuring that businesses are efficiency, efficient in using resources to meet ...
.


Graduate program

The Carroll School's graduate programs include: a Master of Business Administration (full-time MBA and part-time MBA), a
Master of Science A Master of Science (; abbreviated MS, M.S., MSc, M.Sc., SM, S.M., ScM or Sc.M.) is a master's degree. In contrast to the Master of Arts degree, the Master of Science degree is typically granted for studies in sciences, engineering and medici ...
in finance, a
Master of Science A Master of Science (; abbreviated MS, M.S., MSc, M.Sc., SM, S.M., ScM or Sc.M.) is a master's degree. In contrast to the Master of Arts degree, the Master of Science degree is typically granted for studies in sciences, engineering and medici ...
in accounting and three
Doctor of Philosophy A Doctor of Philosophy (PhD, DPhil; or ) is a terminal degree that usually denotes the highest level of academic achievement in a given discipline and is awarded following a course of Postgraduate education, graduate study and original resear ...
programs in accounting, finance, and organization studies respectively.


MBA programs

The admissions rate for the Carroll School's Class of 2019 was 39%. Applicants are required to take the GMAT exam. Of the admitted applicants, the median score was 637 and the middle 80% of scores ranged from 580 to 700. All full-time M.B.A. students are required to complete a specialization area, such as Asset Management, Corporate Finance, or Global Management. There are more than 34,000 Carroll graduates working around the globe, and some of the notable alumni include Ronald Logue, chairman and former CEO of financial services firm State Street Corp., and Denis O’Brien, chairman of mobile phone network provider Digicel.


M.S. programs

Carroll School offers two M.S. programs including Master of Science in finance and Master of Science in accounting.


Ph.D. programs

Carroll School offers three doctor of philosophy programs including Ph.D. in accounting, Ph.D. in finance, and Ph.D. in organization studies. It takes five years to complete the doctoral program. Carroll School's Ph.D. programs admission is highly selective, and graduates have become successful teachers and scholars at leading management schools around the globe, such as Harvard University, University of Pennsylvania, University of Notre Dame, Indiana University Bloomington, Texas A&M University, University of Hong Kong, etc.


Rankings


Undergraduate rankings

* #3
BusinessWeek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'' (and before that ''Business Week'' and ''The Business Week''), is an American monthly business magazine published 12 times a year. The magazine debuted in New York City in Septembe ...
, 2016 ** #10 for Finance, 2013 ** #5 for Accounting, 2012 ** #9 for Corporate Strategy, 2012 ** #4 for Information Systems, 2012 * #24 ''U.S. News & World Report'', 2013 ** #8 for Finance, 2022 ** #22 for Management, 2013 ** #26 for Accounting, 2012


M.B.A. rankings

* #41 ''U.S. News & World Report'', 2023 ** #30 for Part-time M.B.A.


Subject rankings

* ShanghaiRanking's Global Ranking of Academic Subjects, 2021 ** #7 for Finance ** #51-75 for Business Administration ** #101-150 for Management


General academics


Departments

The Carroll School is organized into seven academic departments, as listed below: *Accounting *Business Analytics *Business Law and Society *Finance *Information Systems *Management and Organizations *Marketing


Research centers and executive programs

The Carroll School is home to seven research centers and four executive programs.


Research centers

* Center for Corporate Citizenship *Center for Retirement Research *Winston Center for Leadership and Ethics *Center for Work and Family *Edmund H. Shea Jr., Center for Entrepreneurship *Lynch Leadership Academy *Joseph E. Corcoran Center for Real Estate and Urban Action


Executive programs

*Office of Corporate Government and Affairs *Boston College Business Institute *Boston College International Business Initiative *Leadership for Change


Boston College Center for Corporate Citizenship

The Center for Corporate Citizenship at
Boston College Boston College (BC) is a private university, private Catholic Jesuits, Jesuit research university in Chestnut Hill, Massachusetts, United States. Founded in 1863 by the Society of Jesus, a Catholic Religious order (Catholic), religious order, t ...
is a membership-based research and education center in the Carroll School of Management. The center provides knowledge and learning opportunities designed to help executives, managers and employees advance positive corporate citizenship from wherever they sit in the organization. It offers research, tools, conferences, networking, and executive education programs pertaining to issues of corporate citizenship/
corporate social responsibility Corporate social responsibility (CSR) or corporate social impact is a form of international private business industry self-regulation, self-regulation which aims to contribute to societal goals of a philanthropy, philanthropic, activist, or chari ...
to corporate members worldwide. Much of its research is freely available to the public, and can be downloaded from it
website
The Center for Corporate Citizenship facilitates interchange among corporate responsibility thought leaders, "people who have been working within the system to create new institutions to put pressure on corporations to behave in ways that account for their core values." Its activities have been reported on by ''The New York Times,'' ''The Boston Globe,'' and the ''Boston Business Journal,'' as well as by online journals, such as ''CSRwire,'' ''Ethical Performance,'' and ''SocialFunds.'' The center also helped develop and launch the ''Journal of Corporate Citizenship,'' which focuses explicitly on integrating theory about corporate citizenship with management practice. Its sponsorship includes film festivals, international conferences, and research.


Boston College Chief Executives Club

The Boston College Chief Executives Club is a premier business forum program, in partnership with the Carroll School, that attracts chief executives from various fields as keynote speakers to address their peers. Among past speakers are Disney's
Bob Iger Robert Alan Iger (; born February 10, 1951) is an American media executive who is chief executive officer (CEO) of the Walt Disney Company. He previously was the president of the American Broadcasting Company (ABC) between 1994 and 1995 and p ...
, Nike's
Mark Parker Mark Parker (born October 21, 1955) is an American businessman. He is the executive chairman of Nike, Inc. He was named the third CEO of the company in 2006 and was president and CEO until January 13, 2020. From 2023 to 2025, he was the chairman ...
, IBM's Virginia Rometty, and home décor entrepreneur
Martha Stewart Martha Helen Stewart (, ; born August 3, 1941) is an American retail business woman, writer, and television personality. As the founder of Martha Stewart Living Omnimedia, focusing on home and hospitality, she gained success through a variety ...
. The club is governed by a Board of Governors drawn from Boston's business leadership. Club membership is exclusive to corporate membership.


See also

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


References


External links

* {{DEFAULTSORT:Carroll School Of Management Boston College Universities and colleges established in 1938 Business schools in Massachusetts University subdivisions in Massachusetts 1938 establishments in Massachusetts