The Michael F. Price College of Business at the

University of Oklahoma , mottoeng = "For the benefit of the Citizen and the State" , type = Public research university , established = , academic_affiliations = , endowment = $2.7billion (2021) , pr ...

is a business school in the United States. It was established in 1917 and currently has 5,500 students. The OU Price College of Business undergraduate program currently ranks No. 64 nationally and the top-ranked business school in Oklahoma by U.S. News And World Report.

Overview

The College of Business was founded in 1917 (under the name the School of Public and Private Business), making it one of the first business schools west of the

Mississippi River The Mississippi River is the second-longest river and chief river of the second-largest drainage system in North America, second only to the Hudson Bay drainage system. From its traditional source of Lake Itasca in northern Minnesota, it fl ...

. It had started as the School of Commerce and Industry in 1913 under the School of Arts & Sciences, before emerging as its present form four years later. Before

World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing ...

, the college of business administration experienced a period of tremendous growth. Between 1923 and 1929, the enrollment in the college increased over 700%. In September 1936, as a result of a legislative appropriation, a new building housing the College of Business was opened. This was named Adams Hall after Arthur Barto Adams, the dean at the time. When it first opened, it also housed other classes, including geography, sociology, and social service. The building was designed by Joe E. Smay, the director for the school of architectural engineering. In 1997, investor Michael F. Price donated 18 million

USD The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...

to the university. Subsequently, the College of Business was renamed after him, the first OU college named for an individual. In 2002, Price donated an additional 7.2 million USD, which was a large portion of the 19 million USD needed to erect an addition to the existing Adams Hall. The new building, which completed in late 2004, was named Price Hall
Corey Phelps
is the Fred E. Brown Chair and Dean of the Michael F. Price College of Business at the University of Oklahoma.

Divisions

There are eight divisions in the College of Business along with 11 majors and an undecided option. The most popular majors are accounting (14%),

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 ...

and supply chain management (13%), and finance (13%). Other popular majors include

management information systems A management information system (MIS) is an information system used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization. The study of the management information systems involves pe ...

, international business,

entrepreneurship Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values t ...

and venture management,

general management A general manager (GM) is an executive who has overall responsibility for managing both the revenue and cost elements of a company's income statement, known as profit & loss (P&L) responsibility. A general manager usually oversees most or all of ...

, and

energy management Energy management includes planning and operation of energy production and energy consumption units as well as energy distribution and storage. Objectives are resource conservation, climate protection and cost savings, while the users have per ...

. The '' U.S. News & World Report'' ranks the MBA program at the Price College of Business 66th in the country. The College of Business is ranked 47th in the country. It also ranks the International Business program 13th and the Management Information Systems program 16th. In 1999, the Energy Management program changed its name from Petroleum Land Management. When this major was created, it was the first of its kind in the world.

Student organizations

Price College offers many student organizations for its various majors, including: *

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 ...

, honorary accounting fraternity * ConnXions *

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 ...

* Economics Club * Energy Management Student Association * ENT Club * Finance Student Association * International Business Association * JCPenney Leadership Program * MIS Student Association * Society for Human Resource Management * Student Business Association The MIS Student Association (MISSA) represents the MIS undergraduate student organization. They regularly throughout the semester provide "lunch and learns" for their members and other students. At these events, attendees can enjoy a presentation put on over various subjects by local and out of state businesses that regularly recruit and hire out of the MIS department. The MISSA faculty advisers are Professor Mano Ratwatte and Professor Nate Stout.MISSA Officers Webpage Feb 2010

Notes

External links

Price College of BusinessUniversity of Oklahoma
{{DEFAULTSORT:Michael F. Price College Of Business Price College of Business Price College of Business Educational institutions established in 1917 1917 establishments in Oklahoma