Olin Business School

Olin Business School at Washington University in St. Louis
Motto Creating knowledge... Inspiring individuals... Transforming business.
Type Private
Established 1917
Parent institution
 Washington University in St. Louis
Endowment $249 million[1]
Dean Mark P. Taylor
Academic staff
 127
Undergraduates 763
Postgraduates 1,185
Location St. Louis, Missouri, US
38°38′53″N 90°18′42″W / 38.6481°N 90.3116°W / 38.6481; -90.3116Coordinates: 38°38′53″N 90°18′42″W / 38.6481°N 90.3116°W / 38.6481; -90.3116
The Knight Executive Education Center is a part of the Olin Business School.

The Olin Business School is one of seven academic schools at Washington University in St. Louis. Founded in 1917, the business school was renamed for entrepreneur John M. Olin in 1988. The school offers BSBA, Master of Business Administration (MBA), MS in Supply Chain Management, MS in Finance, Masters in Accounting, MS in Customer Analytics, MS in Leadership, Executive MBA, Doctor of Business in Finance (DBA) and PhD degrees. In 2002, an Executive MBA program was established in Shanghai, in cooperation with Fudan University.

The Olin Business School includes the 80,000 sq ft (7,400 m2) Simon Hall, whose 1986 construction was largely funded by a gift from John E. Simon; Knight and Bauer Halls, whose 2014 construction was largely funded by gifts from Charles F. And Joanne Knight and George and Carol Bauer; and the Charles F. Knight Executive Education and Conference Center, all on the Danforth Campus.

Olin has about 19,190 alumni across the world.[2] In the late 2000s, the business school's endowment rose to $249 million (2007); annual gifts averaged $12 million per year.

On July 1, 2009, the school took over management of the Brookings Institute's executive management program.[3]

Business school rankings
Worldwide MBA
Financial Times[4] 50
U.S. MBA
Bloomberg Businessweek[5] 26
Forbes[6] 31
U.S. News & World Report[7] 23 (full-time)
24 (part-time)
U.S. undergraduate
Bloomberg Businessweek[8] 25[9]
U.S. News & World Report[10] 14

Programs

BSBA Program

At Olin, undergraduate students are admitted directly into the BSBA program as freshmen.

To graduate, students must complete a minimum of 120 units of coursework.[11] 40% of classes must be outside the areas of business. Students can choose from eight different business majors: Accounting, Economics and Strategy, Entrepreneurship, Finance, Healthcare Management, Marketing, Leadership and Strategic Management, and Operations and Supply Chain Management. Olin students can also minor in International Business, the Business of Entertainment, or the Business of Sports Management.[12]

Students declare their business administration major (or majors) during their sophomore year. Students can also earn a second major or minor from one of the university's other schools, such as the College of Arts & Sciences, School of Engineering & Applied Science, or Sam Fox School of Design & Visual Arts.

Nonbusiness students from other WUSTL schools also can minor in the following business fields: Accounting, Business Economics, Business of Sports, Entrepreneurship, Finance, General Business, Healthcare Management, International Business, Leadership, Marketing, Operations and Supply Chain Management, and Strategy.[13]

MBA Program

Olin has four main rounds and after June they have rolling admissions.

The MBA curriculum requires completion of 66 credit hours, nearly two-thirds of which are elective courses selected by the student. The fall semester of year one focuses on critical thinking, leadership, career strategy, and the major functional areas of business. During the spring semester of year one and throughout year two, students take mostly elective courses of their choosing, often following the guidelines of concentration areas that help students navigate the curriculum toward their career goals. Elective courses include semester-long (3 credit) courses, six week "mini" (1.5 credit) courses, and work-study positions. Olin MBAs can also take up to nine credits of approved coursework from other graduate programs at Washington University.

Exchange Programs

MBA students can choose to study one semester at Manchester Business School in the United Kingdom, Hong Kong University of Science & Technology in Hong Kong; Otto Beisheim Graduate School of Management at WHU-Koblenz in Koblenz, Germany; École Management de Lyon (EM Lyon) in Lyon, Paris Dauphine University, France; the Institute for Advanced Studies in Administration (IESA) in Caracas, Venezuela; ESADE (Escuela Superior De Administracion Y Direccion De Empresas) in Barcelona, Spain; Bocconi University in Milan, Italy or the Indian Institute of Management Ahmedabad and Indian Institute of Management Calcutta in India.

Executive Programs

The Executive MBA Program in Kansas City

The school's Executive Programs group, consisting of Executive MBA and Executive Education, is located in the Charles F. Knight Executive Education Center on the Danforth Campus. The school also maintains Executive MBA programs in Shanghai (at Fudan University), and Mumbai (at Indian Institute of Technology in Bombay, Shailesh J. Mehta School of Management). [14]

Specialized Masters Programs

Specialized Masters business degrees can typically be completed in three semesters. Three programs — Master of Science in Supply Chain Management (MSSCM), Master of Science in Customer Analytics (MSCA), and Master of Science in Finance-Quantitative Finance (MSFQ) — hold STEM (Science, Technology, Engineering and Mathematics) designations.[15] The Master of Accounting (MACC) can be structured to meet CPA exam eligibility requirements.[16]

Doctoral Program

The PhD program emphasizes economics, quantitative methodology, mentoring by faculty, preparing students for careers in scholarship and teaching. There are usually 50 students enrolled in the Ph.D program. A DBA in finance also is offered for individuals pursuing applied research in corporations, banks, government and consulting.[17]

Overall Enrollment (2015)

ProgramEnrollment
Full-time MBA283
BSBA931
PMBA307
EMBA – St. Louis205
EMBA – Shanghai81
MS Finance76
MS/SCM19
PhD/DBA57/9

Resources

Kopolow Business Library

The Kopolow Business Library offers Dow Jones Interactive, Lexis/Nexis, InfoTrac, and ABI, as well as databases provided by Moody's, Standard & Poor's, Hoover's, and Disclosure. The library also receives real-time stock and other market information through the Bloomberg and Bridge Information systems. It holds around 30,000 books and subscribes to more than 400 business journals, magazines, and newspapers.

Olin Cup

  • The Olin Cup is an annual event held to promote learning and collaboration leading to the creation of new business ventures. Winners of the competition receive up to $50,000 to help establish a business. (Academic credit is not awarded.) Since 2005, the Competition has also awarded $5,000 to the winning student team. All Washington University students and alumni as well as the local business community may compete, but the final prize goes only to teams with at least one current Washington University student or alumnus. Ventures that are Washington University student-owned (at least 51%) or student-supported are also eligible for the $5,000 student prize.

Research centers

  • Bauer Leadership Center - supports Olin Business School's efforts to develop values-based leaders.[18]
  • Boeing Center for Supply Chain Innovation – discovers, develops, and helps bring to practice world-leading capabilities in technology, information and manufacturing.[19]
  • Wells Fargo Advisors Center for Finance and Accounting Research - supports collaborative research with finance and accounting industry by encouraging faculty and students to work more closely with companies.[20]
  • Center for Customer Analytics and Big Data – offers opportunities for faculty, students, and companies to collaborate on analysis and research.[21]
  • Center for Research in Economics and Strategy – supports scientific research to advance understanding of firms and markets.[22]

Notable alumni

Adventurer and businessman Steve Fossett.
Charles Nagel founder of the U.S. Chamber of Commerce.

References

  1. ↑ "About Olin - WashU's Top 20 Business School". Olin.wustl.edu. Retrieved 21 November 2017.
  2. ↑ "About Olin - WashU's Top 20 Business School". Olin.wustl.edu. Retrieved 21 November 2017.
  3. ↑ "Archived copy". Archived from the original on 2010-06-03. Retrieved 2009-10-18.
  4. ↑ "Global MBA Ranking". Financial Times. 2017. Retrieved 2017-01-31.
  5. ↑ "Best Business Schools 2017". Bloomberg Businessweek. 2018-03-12.
  6. ↑ "The Best Business Schools". Forbes. 2017. Retrieved 2018-03-12.
  7. ↑ "2019 Best Business Schools Rankings". U.S. News & World Report. March 20, 2018. Retrieved March 24, 2018.
  8. ↑ "The Complete Ranking: Best Undergraduate Business Schools". Bloomberg Businessweek. 2016. Retrieved 2016-08-09.
  9. ↑ Levy, Francesca; from, Jonathan Rodkin. "These Are the Best Undergraduate Business Schools of 2016". Bloomberg.com. Retrieved 21 November 2017.
  10. ↑ "2017 Best Undergraduate Business Programs Rankings". U.S. News & World Report. 2016-09-12.
  11. ↑ "BSBA - Interactive Curriculum - WashU Olin Business School". olin.wustl.edu. Retrieved 21 November 2017.
  12. ↑ "BSBA - Major & Minor Programs - WashU Olin Business School". olin.wustl.edu. Retrieved 21 November 2017.
  13. ↑ "Majors for Nonbusiness Students - WashU Olin Business School". olin.wustl.edu. Retrieved 21 November 2017.
  14. ↑ "Executive Education Programs - Olin Business School". Olin.wustl.edu. Retrieved 21 November 2017.
  15. ↑ "Specialized Masters Programs - WashU Olin Business School". Olin.wustl.edu. Retrieved 21 November 2017.
  16. ↑ "Master of Science in Finance - WashU Olin Business School". Olin.wustl.edu. Retrieved 21 November 2017.
  17. ↑ "Top Rated Business Degree Programs - Olin Business School". Olin.wustl.edu. Retrieved 21 November 2017.
  18. ↑ "Bauer Leadership Center". olin.wustl.edu. Retrieved 21 November 2017.
  19. ↑ "Boeing Center for Supply Chain Innovation". olin.wustl.edu. Retrieved 21 November 2017.
  20. ↑ "Wells Fargo Advisors Center for Finance and Accounting Research". olin.wustl.edu. Retrieved 21 November 2017.
  21. ↑ "Center for Customer Analytics & Big Data - Olin Business School". olin.wustl.edu. Retrieved 21 November 2017.
  22. ↑ "Center for Research in Economics & Strategy - Olin Business School". olin.wustl.edu. Retrieved 21 November 2017.
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