Business degrees that combine science, engineering and humanities to give future business leaders and entrepreneurs a new competitive advantage
WEST LAFAYETTE, Ind. Purdue’s next major step in a decade-long line of major strategic investments will redefine its current School of Management as a new business school that will reshape the preparation of business leaders for today’s technology-driven world and tomorrow’s unknowns to be defined by ,
Plans for the new school were announced on Friday (September 23), a major fundraiser aimed at reinventing a top-tier business school alongside a significant university investment. Supported with efforts that will produce the leaders and entrepreneurs of tomorrow. The hallmarks of a Purdue education that includes STEM subjects and business analysis.
“Students at Purdue’s new School of Business will receive a well-rounded education that includes the history, philosophy and economic theory of free market systems, as well as a strong foundation in the liberal arts and related communication skills,” Purdue President Mitch Daniels said. “You will come into the world proud of careers handpicked and perfectly designed to deliver leadership and management performance in the most technologically complex fields.”
Purdue’s management school has grown nearly 33% since 2019, while enrollment rates have been declining nationwide. Purdue believes now is the time to capitalize on this momentum with a new School of Business that will continue to expand the student body and faculty, doubling the size of the facility through expansion and renovation.
Prepared expansion and renovation plans for the new Purdue School of Business. (Illustration by Ayers St. Gros) Download image
The school was awarded Purdue’s recently introduced Integrated Business and Engineering (IBE) degree, a top-level business analytics program, thanks to new Dean V. White. White will build the real estate finance program and Larson Leaders Academy, further inspired by a new $10 million gift from Marshal. And Susan Larson celebrated Friday night to give students a competitive edge and help them take the next big leap into the future of business.
Long dubbed the Purdue School of Management, with the graduate school bearing the Cranart name, the entirely new entity would initially be known as the Purdue School of Business. Purdue plans the fall of 2023 for its first phase of improvements, which will include growth in student enrollments and targeted faculty expansion, as well as additions to curriculum and experiential learning.
The advancement of science in almost every sector of the economy has created a need for business leaders who not only understand the data at their disposal, but also know where the next breakthrough might come from. Students who master the skills to collect and use big data for business decisions will become the most valuable professionals today and tomorrow. Graduates from Purdue’s new School of Business will be uniquely positioned to bring innovation to market, drive innovation and create social change.
President-Elect Mung Chiang said, “Through this relaunch, Purdue will have a world-class business school that will conduct cutting-edge research and educate the many students who excel in business development and opportunity creation and would be proud.”
In the past, Purdue has celebrated a number of alumni who have become CEOs of Fortune 500 companies, with eight alumni currently serving in that role based on academic impact. The move to a new School of Business establishes a standard of excellence at Purdue, beginning with the engineering disciplines, where undergraduate (4th) and graduate (9th) degrees are ranked nationally.
Purdue was the only university recently selected as a “Brand That Matters” by Fast Company, along with well-known companies such as Ford, McDonald’s, Nike and 3M, and most recently by Morning Consult in the US. Voted #4 Most Trusted Public Universities. It has been named one of the top ten public universities by The Wall Street Journal/Times Higher Education and one of the top ten most innovative universities by US News & World Report for five consecutive years.
In the last five years, Purdue University has grown by 23% and has a population of just over 50,000. It is ranked in the top 5 for graduating STEM majors – 71% of its 2022 graduates have earned a STEM degree.
About Purdue University
Purdue University is a leading public research organization developing practical solutions to today’s toughest challenges. Ranked as one of the top 10 most innovative universities in the United States by US News & World Report for the last five years, Purdue offers world-changing research and exploration outside of this world. Purdue is committed to practical and real-world online learning, providing transformative education for all. Committed to affordability and access, Purdue has capped tuition and most fees to 2012-13 levels, allowing more students than ever to graduate debt-free. See how Purdue never stops in its relentless pursuit of the next big leap https://stories.purdue.edu,
Author/media contact: brian hutel, [email protected]