Tippie College Of Business
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The Tippie College of Business, also known as Tippie, is the business school located at the
University of Iowa The University of Iowa (UI, U of I, UIowa, or simply Iowa) is a public university, public research university in Iowa City, Iowa, United States. Founded in 1847, it is the oldest and largest university in the state. The University of Iowa is org ...
in
Iowa City, Iowa Iowa City, offically the City of Iowa City is a city in Johnson County, Iowa, United States. It is the home of the University of Iowa and county seat of Johnson County, at the center of the Iowa City Metropolitan Statistical Area. At the time ...
. Established as the College of Commerce in 1921, Tippie is one of the oldest and highest-ranked
business schools A business school is a university-level institution that confers degrees in business administration or management. A business school may also be referred to as school of management, management school, school of business administration, o ...
in the United States. The college is named after 1949 graduate Henry B. Tippie, marking the first academic division at the University of Iowa to be named after an alumnus. The college is located in the Pappajohn Business Building, which is named after 1952 graduate
Des Moines Des Moines () is the capital and the most populous city in the U.S. state of Iowa. It is also the county seat of Polk County. A small part of the city extends into Warren County. It was incorporated on September 22, 1851, as Fort Des Moines, ...
venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...
ist John Pappajohn. Since 1923, the college has held the gold standard of accreditation, the Association to Advance Collegiate Schools of Business (AACSB). Today, with over 50,000 alumni and 4,700 students in programs spanning from BBAs to PhDs; the college houses six academic departments, 12 centers and institutes, and four student-managed endowment funds.


History

Isaac Althaus Loos shaped the early beginnings of the college by establishing the School of Political and Social Science, which included degrees in commerce, economics and finance. In 1908, "Commerce" was added to the school name, which then featured nearly 40 courses. In 1921, the College of Commerce was born, enrolling approximately 100 students with 23 faculty members. Two years later, the college joined the Association to Advance Collegiate Schools of Business (AACSB). In the 1950s, the college was reorganized into six departments and renamed the College of Business Administration. In 1994, the college moved to its present location, the Pappajohn Business Building, at the corner of Clinton and Market Street. In 2008, Tippie became the new home for the Consortium Institute for Management and Business Analysis (CIMBA). In a university news article, the dean said, "We are delighted that we have the opportunity to broaden the global footprint of the Tippie College of Business and the University of Iowa". In 2017, after falling 19 spots in one year in U.S. World News & Report's full-time MBA program ranking, Tippie began phasing out its full-time MBA program, with the final class graduated in 2019. Part-time MBA programs are still offered at the Iowa City campus, as well as in
Des Moines Des Moines () is the capital and the most populous city in the U.S. state of Iowa. It is also the county seat of Polk County. A small part of the city extends into Warren County. It was incorporated on September 22, 1851, as Fort Des Moines, ...
, Cedar Rapids, and
Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...
. In October 2019, Dean Sarah Fisher Gardial was named dean of
Belmont University Belmont University is a private Christian university in Nashville, Tennessee. Descended from Belmont Women's College, founded in 1890 by schoolteachers Ida Hood and Susan Heron, the institution was incorporated in 1951 as Belmont College. It be ...
Massey College of Business, effective March 1, 2020. In November 2019 Amy Kristof-Brown was named interim dean of Tippie. In November 2020 Amy Kristof-Brown was named dean of Tippie


Academic programs

The Tippie College of Business offers
Bachelor of Business Administration Bachelor of Business Administration (BBA) is a bachelor's degree in business administration awarded by colleges and universities after completion of undergraduate study in the fundamentals of business administration and usually including advanced ...
(BBA) degrees in six areas:
accounting Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "languag ...
,
business analytics Business analytics (BA) refers to the skills, technologies, and practices for continuous iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing ne ...
and
information systems An information system (IS) is a formal, sociotechnical, organizational system designed to collect, process, information storage, store, and information distribution, distribute information. From a sociotechnical perspective, information systems a ...
(BAIS),
economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...
,
finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
,
management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities o ...
, and
marketing Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emph ...
. Students may also earn certificates in
Business Analytics Business analytics (BA) refers to the skills, technologies, and practices for continuous iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing ne ...
, Entrepreneurial Management, International Business, and Risk Management and
Insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
. In 2021, Tippie's Department of Business Analytics was awarded the UPS George D. Smith Prize, which “recognizes excellence in preparing students to become practitioners of operations research and analytics.” The college offers graduate programs, including a
Master of Accountancy The Master of Accountancy (MAcc, MAcy, or MAccy), alternatively Master of Science in Accounting (MSA or MSAcy) or Master of Professional Accountancy (MPAcy, MPAcc or MPAc), is a graduate professional degree designed to prepare students for public ...
(MAc),
Master of Science A Master of Science ( la, Magisterii Scientiae; abbreviated MS, M.S., MSc, M.Sc., SM, S.M., ScM or Sc.M.) is a master's degree in the field of science awarded by universities in many countries or a person holding such a degree. In contrast to ...
in Finance, full-time and part-time Master of Science in Business Analytics (MSBA), and multiple Ph.D. degree programs. Tippie offers two MBA programs including the Iowa MBA program that is offered online and in Cedar Rapids and Des Moines, and a 16-month Executive MBA program (EMBA) offered in Iowa City and Des Moines. The college also offers an international MBA program through
CIMBA CIMBA Italy is a study abroad program in Italy that offers study abroad and degrees for undergraduate, MBA, and Executive-level students. Coursework focuses on American-style learning in business, leadership, journalism, communication, and engine ...
, in Italy. The undergraduate program features a dedicated career services center, the Pomerantz Career Center, and the Frank Business Communications Center. Over 30 undergraduate organizations include Alpha Kappa Psi,
Delta Sigma Pi Delta Sigma Pi () (officially the International Fraternity of Delta Sigma Pi, Inc.) is a coeducational professional business fraternity and one of the largest in the United States. Delta Sigma Pi was founded on November 7, 1907, at the Schoo ...
, and the American Marketing Association. Honors students may join one of the oldest chapters of the business honorary society,
Beta Gamma Sigma Beta Gamma Sigma () is the International Business Honor Society. Founded in 1913 at the University of Wisconsin, University of Illinois and the University of California, it has over 980,000 members, selected from more than 600 collegiate chapters i ...
, established in 1921, as well as
Beta Alpha Psi Beta Alpha Psi () is an international honor society for accounting, finance and information systems students attending universities accredited by the Association to Advance Collegiate Schools of Business or the European Quality Improvement System ...
, an honorary accounting organization.


Centers and institutes

*Hawkinson Institute of Business Finance – investment banking program. *Institute for International Business – global business research, education, training and consulting programs. *Jacobson Institute – educator development, STEM Innovator and BizInnovator curricula, competitions and summer programming. *John Pappajohn Entrepreneurial Center (JPEC) – free consulting help; seed money for student start-ups. *Frank Business Communication Center – writing, design, and speaking skills center. *Marketing Institute – coordinates student participation in local client projects. *Small Business Development Center – community courses, business counseling, and training for local entrepreneurs. *Emmett J. Vaughan Institute of Risk Management and Insurance – corporate risk management and insurance studies. *Tippie Analytics Cooperative – partners businesses with Analytics students to devise business solutions.. *Iowa Electronic Markets Institute (IEM) – research and teaching futures market; known for accuracy in predicting election outcomes. *RSM Institute – Accounting research and programming; promotes the research of Iowa faculty. *Experimental Economics Interdisciplinary Research Group (EEIR) – interdisciplinary researchers providing an umbrella protocol and a common subject pool for research using experimental economics and the common experimental research method of real money payments to incentivize behavior in economic situations.


Student organizations


Honor societies

*Tippie Business Honor Society –
honor society In the United States, an honor society is a rank organization that recognizes excellence among peers. Numerous societies recognize various fields and circumstances. The Order of the Arrow, for example, is the National Honor Society of the Boy Sc ...
for business students whose University of Iowa
GPA Grading in education is the process of applying standardized measurements for varying levels of achievements in a course. Grades can be assigned as letters (usually A through F), as a range (for example, 1 to 6), as a percentage, or as a numbe ...
places them in the top 10 percent of students enrolled in Tippie *Sigma Nu Tau – entrepreneurial honors society recruiting students in junior status or higher with a minimum GPA of 3.2


Accounting and finance organizations

*Accounting Club –
peer-to-peer Peer-to-peer (P2P) computing or networking is a distributed application architecture that partitions tasks or workloads between peers. Peers are equally privileged, equipotent participants in the network. They are said to form a peer-to-peer n ...
organization for students exploring a future in accounting *
Beta Alpha Psi Beta Alpha Psi () is an international honor society for accounting, finance and information systems students attending universities accredited by the Association to Advance Collegiate Schools of Business or the European Quality Improvement System ...
– international honorary organization for financial information professionals, with peer-to-peer accountancy tutoring *Financial Management Association – student finance club *
Gamma Iota Sigma Gamma Iota Sigma () is a collegiate professional fraternity, founded on April 16, 1966 at Ohio State University, Columbus, Ohio. Gamma Iota Sigma is an international professional fraternity organized to promote, encourage and sustain student int ...
– international business fraternity for students interested in insurance, risk management, and actuarial science industries *HawkTrade – stock investment club *InvestHer – women's finance club *Tippie Real Estate Club – organization for students considering real estate as a career *Investment Banking Club – organization for students considering pursuing investment banking as a career


Analytics and technology organizations

*Tippie Technology and Innovation Association – Computer Science, Informatics, and Business Analytics and Information Systems (BAIS) student organization


Marketing, management and entrepreneurship organizations

*
American Advertising Federation The American Advertising Federation (AAF), headquartered in Washington, D.C., is the oldest national advertising trade association A trade association, also known as an industry trade group, business association, sector association or industry ...
– student-run advertising agency which works on projects for local businesses * American Marketing Association – organization that connects students with marketing professionals in the community *Enactus at Iowa – international organization where students create entrepreneurial-based projects to work on in the global community *I-Envision – creative entrepreneurship club *National Retail Federation – organization for students entering the fields of retailing and retail marketing *Society for Human Resource Management – organization for students interested in learning about
human resources Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include m ...
or management roles


Service organizations

*Business Leaders in Christ – organization for followers of Christ at Tippie *Business Student Ambassadors – organization where students work as ambassadors for the college *Moneythink – provides financial literacy education to high school students in the community *Net Impact – organization to empower youth to drive social and environmental change throughout the Hawkeye community *Tippie Senate – advisory board of undergraduate students elected by the student body to work with the Undergraduate Program Office *Tippie Students for Service – organization to helps address social issues in the community


Professional organizations

*Advocates for Cross-Cultural Experiences – organization that serves as a space for constructive conversations and understanding of cultural competence * Alpha Kappa Psi – coed fraternity open to all business majors and minors who have at least three semesters remaining at Tippie *
Delta Sigma Pi Delta Sigma Pi () (officially the International Fraternity of Delta Sigma Pi, Inc.) is a coeducational professional business fraternity and one of the largest in the United States. Delta Sigma Pi was founded on November 7, 1907, at the Schoo ...
– social fraternity *Greater China Business Association – organization that educates students on American-Chinese relations, Chinese culture and business etiquette, and emerging trends *Multicultural Business Students Association – organization that emphasizes business world diversity * Phi Gamma Nu – national co-ed fraternity of the University of Iowa which teaches professionalism * Reaching OUT in Business – organization for LGBTQ and allied students *Women in Business – organization for women in business


Rankings

For 2016, ''
Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...
'' ranked Tippie College of Business as #1 in the world for Finance, #2 in the world for percent employed at 3 months, and #2 for value for the money in the U.S. In 2017, the program as a whole was ranked #3 best in the U.S. and #23 in the world for "Value for the Money," #4 in the world for "Best in Finance," #1 in the U.S. and #9 in the world for "Percent Salary Increase," and #29 in the U.S. and #33 in the world for "Career Services" by the ''Financial Times''.


MBA

The Tippie
Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
(MBA) program consistently ranks near the top of the ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
Magazine'' listing of fastest payback on an MBA degree. In 2015, Tippie's Full-time MBA Program was ranked #6 for Fastest Payback and #26th overall in the U.S by ''Forbes'' and was ranked #37 in the U.S. by ''Poets & Quants.'' In 2015, the professional MBA program was also ranked the #24 public program and the #52 program in the U.S. by ''
Bloomberg Businessweek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...
.'' For 2016, the full-time MBA program was ranked #35 in the U.S. and #2 for Job Placement by ''Bloomberg Businessweek.'' In 2018, the full-time MBA program was ranked #36 for public programs and #64 in the U.S. by '' U.S. News & World Report''. In 2020, ''U.S. News & World Report'' ranked the Professional MBA program #22 in the U.S.


Undergraduate

The Tippie College undergraduate program was ranked in the Top 50 Public schools ''Bloomberg Businessweek'' in 2014. In 2014, the undergraduate program was also ranked the #49 undergraduate business program in ''Poets & Quants.'' In 2019, ''U.S. News & World Report'' ranked Tippie the #1 business school in Iowa and the #22 business school out of all public programs in the U.S. In 2021, Tippie's Business Analytics and Information Systems (BAIS) major was ranked 33 among undergraduate business analytics programs by ''U.S. News & World Report''.


Miscellaneous

The Entrepreneurship Program was ranked #16 in the U.S. by
The Princeton Review The Princeton Review is an education services company providing tutoring, test preparation and admission resources for students. It was founded in 1981. and since that time has worked with over 400 million students. Services are delivered by 4,0 ...
in 2019. The college was ranked #4 Best Campus Environment in 2013 by ''Poets & Quants''.


See also

*
List of United States business school rankings List of United States business school rankings is a tabular listing of some of the business schools and their affiliated universities located in the United States that are included in one or more of the rankings of full-time Master of Business Adm ...
*
List of business schools in the United States The following is a list of business schools in the United States. Business schools are listed in alphabetical order by state, then name. Schools named after people are alphabetized by last name. Accreditation bodies for business schools in the Unit ...


References


External links

* {{authority control Educational institutions established in 1921 Business schools in Iowa University of Iowa 1921 establishments in Iowa