Scheller College of Business


The Scheller College of Business at the Georgia Institute of Technology was established in 1912, and is consistently ranked in the top 35 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 a School of Commerce. In 1933 this school was moved to the University of Georgia during the newly created Georgia Board of Regents' decision to consolidate Georgia's system of higher education. It would later become Georgia State University.
To meet the need for management training in technology, an Industrial Management degree was established in 1934, with a master's degree in the subject becoming the first professional management degree offered in the state 11 years later. The PhD program began in 1970.
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. In 1998, the School of Management was spun back into its own college, separating from the Ivan Allen College of Liberal Arts.
In 1996, Georgia Tech alumnus and restaurateur 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. DuPree had recently resigned as board chairman and CEO of Avado Brands, the parent company of several chain restaurants which had recently filed for Chapter 11 bankruptcy. 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, later identified as Ernest Scheller, Jr, 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, who is 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 Philadelphia-based pigment manufacturer. This $50 million included the $25 million that had been given by Ernest Scheller, Jr. 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. programs, 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 next to several major corporate headquarters such as Bellsouth, The Coca-Cola Company, Turner Broadcasting System Inc. and Earthlink.
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 and Boston, both nexuses of thriving high-tech corridors.
On November 24, 2006 the Scheller College of Business dedicated the state of the art, Ferris-Goldsmith Trading Floor. The trading floor will include fifty-four dual-display computers as well as electronic stock information on the walls, training all levels of management students to use financial analysis and electronic trading tools. Business faculty will use the facility to research improved human performance in trading environments as well as the creation of new financial service models.
The trading floor houses Tech's Quantitative and Computational Finance program.

Degrees

Undergraduate

The College of Business offers a BS in Business Administration. U.S. News & World Report currently ranks the undergraduate program as number 29 out of the top 50 ranked programs.
The undergraduate program is ranked #18 in Poet’s and Quants “Best Undergraduate Programs in the United States in 2018.” U.S News and World Report ranked the School #6 in Best Undergraduate Programs for Management of Information Systems and #7 in Best Undergraduate Programs in Quantitative Analysis.  Georgia Tech as first in the nation for return on investment among public colleges. Among corporate recruiters, Georgia Tech is ranked number 12.

MBA Program

Reputation & Rankings

Georgia Tech's College of Business is ranked #26 in U.S. News & World Report's 2018 rankings of the nation's top full-time Master of Business Administration programs. The MBA Evening program is ranked #25 best public MBA programs in the country according to the publication's rankings.
The MBA program has a reputation for having a technical/analytical bent in its curriculum.
As part of the 2012 Best Business Schools ranking, Bloomberg Businessweek ranked the Scheller School as the #6 MBA program for Information Technology. The Scheller School was ranked ahead of UC Berkeley Haas, NYU Stern and the UPenn Wharton school for Information Technology.
The College ranked in the top 25 in Computerworld's 2007 ranking of "Techno-MBA" programs. Programs in the Computerworld ranking were not assigned a specific numerical order. U.S. News & World Report currently ranks the MBA program for Information Systems at #24.
U.S. News & World Report currently ranks the MBA program for Supply Chain/Logistics at #19 and Production/Operations Management at #14.
In 2006 a team of first-year MBA students at Georgia Tech won first place in the National Finance Case Competition sponsored by Citigroup's Global Consumer Group and Global Wealth Management Business.
Mimi Wolverton and Larry Edward Penley, in their book Elite MBA Programs at Public Universities: How a Dozen Innovative Schools Are Redefining Business Education , rated the Georgia Tech MBA program as one of the country's most highly rated business programs.
The MBA program has received many other acknowledgments from leading publications, including Business Week, Forbes, The Financial Times, and The Wall Street Journal.

Format

Georgia Tech's MBA program is a two-year degree consisting of one year of required courses and another year of mostly elective courses, which includes an opportunity for students to participate in an international practicum. Students can choose to focus in accounting, finance, IT management, international business, analytics, marketing, operations management, organizational behavior, and strategic management.
The courses listed below provide a general framework for the 54 hours required for an MBA degree. Waivers can be granted and some courses may be taken in alternate semesters, although some classes are only offered once a year. "
1st Semester2nd Semester3rd Semester4th Semester
Financial Management1.5 hrs.Strategic Management3 hrs.Legal Environment & Business Ethics3 hrs.International Management Elective
IT Management1.5 hrs.Integrative Management Experience1 hr.ElectiveElective
Fin. & Managerial Accounting3 hrs.Micro & Macroeconomics1.5 hrs.ElectiveElective
Leadership and Org. Behavior1.5 hrs.Marketing Management1.5 hrs.ElectiveElective
Analytical Tools1.5 hrs.Operations Management1.5 hrs.
Business Communications1 hrs.Elective
Career DevelopmentAudit

Postgraduate