Owen Graduate School of Management

Owen Graduate School of Management
TypePrivate
Established1969
AccreditationAACSB International
Endowment$450 million [1]
DeanThomas J. Steenburgh
Location
Nashville
,
Tennessee
,
US
CampusUrban, 330 acres
Websitebusiness.vanderbilt.edu

The Vanderbilt University Owen Graduate School of Management (Vanderbilt Business School or Vanderbilt Business) is the graduate business school of Vanderbilt University in Nashville, Tennessee, United States. Founded in 1969, Owen offers eight degree programs: a standard 2-year Master of Business Administration (MBA), Executive MBA, Master of Science in Finance, Master of Accountancy (Assurance and Valuation tracks), Master of Marketing, Master of Management, Master of Management in Health Care, and Master of Science in Business and Technology, as well as a variety of joint and dual degree programs.[2] Owen also offers non-degree programs for undergraduates and professionals.

The student to faculty ratio is about 7 to 1, with over 600 students and over 50 full-time faculty members.[3][4]

The school is named for Ralph “Peck” Owen and his wife, Lulu Hampton Owen. Ralph Owen, a Vanderbilt alumnus (’28), was a founder of Equitable Securities Corporation in Nashville, and he became the chairman of the American Express Company.[5]

History

In 1881, Vanderbilt's Board of Trust submitted its first proposal for a business education program, calling it the Commercial College Department. However, it wasn't until the mid-1950s that a business administration program was offered in the Department of Economics.[6]

Exterior of Owen Graduate School
Interior of Owen Graduate School

The Board of Trust passed the school's founding resolution on May 5, 1967, and operations as the Graduate School of Management began in September 1969 with twelve faculty members and six students.[6] Classes met in a renovated funeral home, a gift from Mr. and Mrs. David K. Wilson.[7] The building was named Alexander Hall in honor of Henry Clay Alexander, a Vanderbilt alum and president of J.P. Morgan.[8]

It was under Dean Samuel B. Richmond, that the school was named for Ralph and Lulu Owen.[9] Following the deaths of both Mr. and Mrs. Owen, their estates gave $33.5 million to The Owen School, said to be the largest gift to a U.S. business school at that time. That sum raised the total of their gifts to more than $62 million.[10]

The Owen School moved from Alexander Hall to Management Hall in 1982. Management Hall is connected to Mechanical Engineering Hall, which is home to the Executive MBA program.[11] Management Hall also houses the Walker Library collection of more than 50,000 volumes, more than 900 periodical titles, reference works, and electronic databases.[12] The library was named in honor of Anne Marie and Thomas B. Walker, Jr.

At present, about 25% of the student body are international students, and 33% are women.[4][13] Finance was the most popular area for Vanderbilt MBA students in 2007–8; 43 percent accepted jobs in that field.[14] Eight percent of faculty members have owned a business.[4]

In July 2023, Thomas Steenburgh became the Ralph Owen Dean and Professor of Marketing. He began his academic career at Harvard Business School.[15]

Programs

The Owen Graduate School of Management is accredited by the AACSB International (The Association to Advance Collegiate Schools of Business) and is a full member of the Executive MBA Council (EMBAC).

  • Master of Business Administration (MBA): The Vanderbilt MBA degree program takes two years to complete.[16][17] The health care concentration was introduced in 2005.
  • Executive MBA (EMBA): Students who pursue the Executive MBA have prior work experience; all candidates must have at least five years of work experience in their fields. The program requires 21 months. The first EMBA class graduated in the spring of 1980.[6]
  • Master of Science in Finance (MSF)
  • Master of Accountancy (MAcc) with two specialization options: Assurance and Valuation
  • Master of Marketing
  • Master of Management
  • Master of Management in Health Care (MMHC): A one-year degree aimed at clinicians and non-clinicians; all candidates must have at least five years of work experience in their fields.[18]
  • Master of Science in Business and Technology (MSBT)
  • Accelerator Summer Business Immersion: A three-week program where students in teams take classes and serve as consultants for real businesses.[19]
  • Hoogland Undergraduate Business Program (Minor)
  • Executive Education: The Owen School offers several non-degree programs for working professionals that cover topics such as management fundamentals, leadership, health care, and banking[20] Courses are typically 2-3 days and completing several may earn a certificate.[21]

Rankings and recognition

In 2026, Owen was ranked #16 in U.S. News & World Report's business schools rankings.[22]

Bloomberg Businessweek ranked the full-time MBA program #27 for 2025 - 2026. In 2026, the full-time MBA program was ranked #51 in the Financial Times global MBA rankings.

The Owen School was one of two winners of the 2008 TeamMBA Award, which was presented by the Graduate Management Admission Council (GMAC).[23]

Bruce Cooil, Dean Samuel B. and Evelyn R. Richmond Professor of Management, was awarded the 2007 Marketing Science Institute/H. Paul Root Award.[24] Michael A. Lapré, E. Bronson Ingram Professor in Operations Management, has received the Shingo Research Prize. Professor Nancy Hyer and Urban Wemmerlov's book Reorganizing the Factory: Competing through Cellular Manufacturing, won the 2003 Shingo Prize for Research in Manufacturing.[25]

Centers

  • Center for Entrepreneurship
  • Center for Social Ventures: Mario Avila, MBA'12, became the director of the center in July 2015.[26][27]
  • Financial Markets Research Center (FMRC): Directed by Professor Hans Stoll, the FMRC was founded in 1987 to research financial markets and institutions. It hosts an annual conference; speakers in the spring of 2009 included Paul Volcker, Stephen Axilrod, and William Dudley).[28] Co-director of the FMRC is Robert E. Whaley.

Alumni

Academia

  • Marjorie K. Eastman, MBA'12 – author of The Frontline Generation[29]
  • Eric L. Harry, MBA'83 – American author best known for his novels Arc Light and Invasion
  • C. Turney Stevens, Jr., MBA'81 – Dean of the College of Business at Lipscomb University
  • Craig Fleisher, MBA – scholar and author in the fields of public affairs, competitive intelligence and analysis[30]
  • Millicent Lownes-Jackson, MBA – founder, The World Institute for Sustainable Education and Research (The WISER Group)[31]

Business

Government

See also

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

References

  1. ^ Ethier, Marc. "End of an Era at Vanderbilt Owen as Dean Eric Johnson Resigns". Retrieved 2024-10-25.
  2. ^ Owen Graduate School of Management. "Health Care MBA". Vanderbilt University. Archived from the original on 2007-05-29. Retrieved 2007-05-30.
  3. ^ Vanderbilt University Facts Page. "Vanderbilt University Facts". Vanderbilt University. Retrieved 2013-05-21.
  4. ^ a b c "Full-time MBA Profiles". BusinessWeek. 2008-11-13. Archived from the original on November 7, 2007. Retrieved 2009-04-17.
  5. ^ "Obituary". New York Times. 1983-11-07. Retrieved 2009-04-21.
  6. ^ a b c Madison Smartt Bell, History of the Owen School: From Its Early Origins to 1984 (Nashville: Vanderbilt University, 1985)
  7. ^ Paul Conkin, Gone with the Ivy: A Biography of Vanderbilt University (Knoxville: University of Tennessee Press, 1985)
  8. ^ Robert A. McGaw, The Vanderbilt Campus: A Pictorial History (Nashville: Vanderbilt University Press, 1978)
  9. ^ Editorial, Nashville Banner. 1983-11-7.
  10. ^ Julie Bell, “$33.5 Million Given VU for Owen School,” Tennessean. 1996-1-25.
  11. ^ Vanderbilt University. http://www.vanderbilt.edu/map/owen.html Archived 2002-03-30 at the Wayback Machine.
  12. ^ Walker Management Library. http://www2.owen.vanderbilt.edu/walker/about/index.php Archived 2009-09-03 at the Wayback Machine. Retrieved 2009-4-23.
  13. ^ Owen School. http://www.owen.vanderbilt.eduvanderbilt/Programsexec-ed/index.cfm .
  14. ^ MBA Employment Report, Classes of 2007 and 2008. Owen School. http://www.owen.vanderbilt.edu/vanderbilt/Community/recruiters/how-to-recruit/employment-report/upload/2007_Employment_Report.pdf .
  15. ^ "Faculty Profile". Retrieved 2023-08-08.
  16. ^ Owen School. http://www.owen.vanderbilt.edu/vanderbilt/Programs/mba/mba-curriculum/core.cfm Archived 2009-05-07 at the Wayback Machine.
  17. ^ Full-time Profiles. BusinessWeek. 2008-11-13. http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/vanderbilt.html. Retrieved 2009-4-17.
  18. ^ “Do MBAs Benefit Faculty Physicians?” MedCenter Today.com. http://medcentertoday.com/article.php?chapter_id=4&id=58 Archived 2009-10-16 at the Wayback Machine. Retrieved 2009-4-23.
  19. ^ Owen School. http://www.owen.vanderbilt.edu/vanderbilt/programs/program-comparisons/for-college-students-and-recent-graduates.cfm Archived 2013-07-26 at the Wayback Machine.
  20. ^ Owen School. http://www.owen.vanderbilt.edu/vanderbilt/Programs/exec-ed/index.cfm Archived 2009-03-26 at the Wayback Machine.
  21. ^ Alina Dizik. “A Business School Specializes.” Wall Street Journal. 2009-4-15. https://www.wsj.com/articles/SB12397490235518481 . Retrieved 2009-4-23.
  22. ^ https://www.usnews.com/best-graduate-schools/top-business-schools/vanderbilt-university-01208
  23. ^ Team MBA. http://www.gmac.com/teammba/TeamMBAAward/2008AwardRecipients.htm Archived 2009-09-26 at the Wayback Machine. Retrieved 2009-4-25.
  24. ^ Ipsos News Center. 2007-12-20. http://www.ipsos-na.com/news/pressrelease.cfm?id=3762 Archived 2010-01-03 at the Wayback Machine. Retrieved 2009-4-24.
  25. ^ Owen School. http://owen.vanderbilt.edu/vanderbilt/About/faculty-research/f_profile.cfm?id=109 Archived 2009-11-07 at the Wayback Machine.
  26. ^ "New Turner Family Center Established". Vanderbilt University. Retrieved 2015-12-01.
  27. ^ "Expanding Good". Vanderbilt Business. Retrieved 2015-12-01.
  28. ^ Owen School. http://www2.owen.vanderbilt.edu/fmrc/Conference/conferences.html Archived 2009-04-23 at the Wayback Machine.
  29. ^ About Author. Skylight Paths Publishing. Retrieved 2013-05-18.
  30. ^ (Amazon.com, 2008; JCIM, 2003 volume 1)
  31. ^ Lownes-Jackson, Millicent; Guy, Retta. The Economic Empowerment of Women: A Global Perspective. Informing Science. ISBN 9781932886603.
  32. ^ Melissa Mittelman (24 October 2016). "JPMorgan Heralds M&A Bonanza as Companies Seek New Ways to Grow". Bloomberg L.P. Retrieved 24 October 2016.
  33. ^ Stark, Phyllis (2001-03-24). 'Genre-Less' Combutions Blasts Off with Texan Faulkner, Two Soundtracks. Billboard Magazine. Retrieved 12 October 2011.
  34. ^ "David Farr | Emerson Chairman & Chief Executive Officer | Emerson US". Archived from the original on 2021-03-08. Retrieved 2020-11-01.
  35. ^ "Adena T. Friedman". Retrieved 2023-08-02.
  36. ^ "Clear Labs closes $21M funding round to advance food safety solutions". Food Dive. Retrieved 2020-10-30.
  37. ^ "Bio non Faculty DB Page".
  38. ^ "Board of Trust".
  39. ^ "Ex-Goldmans star Khemka launches no-charge India trust".
  40. ^ "Doug Parker – Customer service – American Airlines".
  41. ^ "James C. Tsai Named President of New York Eye and Ear Infirmary of Mount Sinai". Retrieved September 25, 2017.
  42. ^ "Mount Sinai Launches Eye Research Institute". Retrieved 25 September 2017.
  43. ^ "Philip Wolf". "Forbes".
  44. ^ "Alumni Success Stories".
  45. ^ Macleans: "Chicago investment banker Bruce Heyman will be next U.S. ambassador to Canada - Heyman has been managing director of private wealth management at Goldman Sachs since 1999" September 19, 2013
  46. ^ Garrison, Joey (2015-07-24). "Nashville business leader Francis Guess dies at 69". The Tennessean. Retrieved 2015-08-22.
  47. ^ The White House. "President Donald J. Trump Announces Intent to Nominate Paul C. Ney Jr. of Tennessee to be the General Counsel of the Department of Defense". whitehouse.gov. Retrieved February 7, 2018 – via National Archives.
  48. ^ "Agricultural Executive Takes Over As Ukraine's New Economy Minister". rferl.org. March 18, 2020. Retrieved April 15, 2020.

36°08′50″N 86°48′00″W / 36.1472795°N 86.7999992°W / 36.1472795; -86.7999992

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