D'Amore-McKim School Of Business
   HOME

TheInfoList



OR:

The D'Amore-McKim School of Business is the
business school A business school is a higher education institution or professional school that teaches courses leading to degrees in business administration or management. A business school may also be referred to as school of management, management school, s ...
of
Northeastern University Northeastern University (NU or NEU) is a private university, private research university with its main campus in Boston, Massachusetts, United States. It was founded by the Boston Young Men's Christian Association in 1898 as an all-male instit ...
in
Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...
,
Massachusetts Massachusetts ( ; ), officially the Commonwealth of Massachusetts, is a U.S. state, state in the New England region of the Northeastern United States. It borders the Atlantic Ocean and the Gulf of Maine to its east, Connecticut and Rhode ...
. The business program was founded in 1922, followed by the Graduate School of Business Administration in 1952. Northeastern University's
cooperative education Cooperative education (or co-operative education) is a structured method of combining classroom-based education with practical work experience. A cooperative education experience, commonly known as a "co-op" or work-study program, provides a ...
program, which allows students to alternative semesters of study and full-time professional experience, works with more than 3,500 employers in nearly 50 countries around the world. The D'Amore-McKim School has more than 50,000 living alumni, including graduates from both the graduate and undergraduate programs, in 137 countries globally.


History

The D'Amore-McKim School of Business can trace its history back to the earliest days of Northeastern's existence, when commerce and industry courses were offered in 1907 by the School of Commerce and Finance of the Boston
Young Men's Christian Association YMCA, sometimes regionally called the Y, is a worldwide youth organisation based in Geneva, Switzerland, with more than 64 million beneficiaries in 120 countries. It has nearly 90,000 staff, some 920,000 volunteers and 12,000 branches w ...
(YMCA). The fundamental aim of the school was to provide students with courses in commerce, accounting and finance in preparation for business positions. During that first year, 25 courses were offered, 18 instructors were hired and 208 students enrolled. Through evening study, B.C.S. and M.C.S degrees were eventually offered. After years of consideration, a School of Business Administration opened in September 1922, offering courses in general business, industrial management, marketing, finance and accounting. The first two years of the four-year program were devoted to learning sound business principles and the last two years were dedicated to specialization leading to definite marketable skills. The first MBA program was launched in 1951 as part of an Evening Division, and in 1958 the program became part of the Graduate School. The business school is housed in Dodge Hall on Krentzman Quadrangle off
Huntington Avenue Huntington Avenue is a thoroughfare in the city of Boston, Massachusetts, beginning at Copley Square and continuing west through the Back Bay, Fenway, Longwood, and Mission Hill neighborhoods. It is signed as Massachusetts Route 9 (forme ...
in Boston. Constructed in 1952, it was named for Robert Gray Dodge, chairman of Northeastern's Board of Trustees from 1936 to 1959. The basement of the five-story building once housed the university's main library, from 1952 until 1990, when Snell Library opened.


Naming donation

On September 12, 2012, Northeastern University announced a $60 million gift by alumni Richard D'Amore and Alan McKim, as "the largest philanthropic investment in the university's history... ndthe fourth-largest gift to name a business school in the United States." As a result of the gift, Northeastern's College of Business Administration was renamed the D'Amore-McKim School of Business. It was the first college or school to be named at Northeastern.


Academics

In the fall 2023, the D'Amore-McKim School had 6,602 total students, including 5,054 undergraduate students and 1,548 graduate students. Nearly 31 percent of students hail from more than 100 countries outside of the U.S. The school reports that 99 percent of undergraduate students completed at least one co-op placement, including 49 percent who completed two co-op experiences and 34 percent who completed three experiences. Nearly 91 percent of undergraduates completed degree requirements in 6 years or less, after taking advantage of the co-op program. It also reports that 100 percent of graduate students in the full-time MBA program completed at least one corporate residency placement at a leading company or startup and that 100 percent of graduate students in the
Master of Science A Master of Science (; abbreviated MS, M.S., MSc, M.Sc., SM, S.M., ScM or Sc.M.) is a master's degree. In contrast to the Master of Arts degree, the Master of Science degree is typically granted for studies in sciences, engineering and medici ...
(MS) in Accounting/MBA program completed a corporate residency placement at one of the Big Four or Global Five accounting firms. The D'Amore-McKim School's undergraduate programs offers BSBA and BSIB degrees and the graduate school offers MS and
MBA A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular a ...
degrees. Master of Science degrees are offered in
Accounting Accounting, also known as accountancy, is the process of recording and processing information about economic entity, economic entities, such as businesses and corporations. Accounting measures the results of an organization's economic activit ...
,
Taxation A tax is a mandatory financial charge or levy imposed on an individual or legal person, legal entity by a governmental organization to support government spending and public expenditures collectively or to Pigouvian tax, regulate and reduce nega ...
,
Finance Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...
,
International Business International business refers to the trade of goods and service goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It includes all commercial activities that promote the transfer o ...
, and Technological
Entrepreneurship Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entrepreneu ...
. The school also offers several certificates including Advanced Study in
Management Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a Government agency, government bodies through business administration, Nonprofit studies, nonprofit management, or the political s ...
,
Supply Chain Management In commerce, supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management, logistics and marketing channels, through which raw materials can be developed into finished produc ...
, and Technological Entrepreneurship. The D'Amore-McKim School of Business is accredited by the
Association to Advance Collegiate Schools of Business The Association to Advance Collegiate Schools of Business (AACSB) is an American professional and accreditation organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to busines ...
(AACSB). MBA Programs The full-time MBA is a 60-credit program that can be completed in 24 months of full-time study, including a six-month paid corporate residency. The curriculum has a globalization requirement which is fulfilled through the Global Projects Course, an international consulting project. Students complete a required course curriculum in their first year followed by an elective based curriculum determined by their chosen career track in their second year. Career tracks include Finance,
Marketing Marketing is the act of acquiring, satisfying and retaining customers. It is one of the primary components of Business administration, business management and commerce. Marketing is usually conducted by the seller, typically a retailer or ma ...
, and Operations & Supply Chain Management. The finance career track is further subdivided into
Investments Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...
and
Corporate Finance Corporate finance is an area of finance that deals with the sources of funding, and the capital structure of businesses, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and analy ...
sub-tracks. The school also offers High Tech MBA, Online MBA, Online MSF, Online MST and Executive MBA programs. In addition to their MBA and MS programs, Northeastern offers dual degrees combining the MBA degree with an MS or JD. Dual degree programs include MS Finance/MBA, MS Accounting/MBA, MS Nursing/MBA, and JD/MBA. The MS Finance/MBA and MS Accounting/MBA are obtained solely through the D'Amore-McKim School of Business, while the MS Nursing/MBA and the JD/MBA are obtained jointly through the School of Nursing and School of Law, respectively.


Rankings

In 2013, the undergraduate business school ranked 25th in the nation according to
Business Week ''Bloomberg Businessweek'', previously known as ''BusinessWeek'' (and before that ''Business Week'' and ''The Business Week''), is an American monthly business magazine published 12 times a year. The magazine debuted in New York City in Septembe ...
and in 2014 it ranked 19th. Northeastern also ranked No. 4 in ''
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
'' magazine as one of "America's Most Entrepreneurial Campuses." The EMBA program is ranked in the top 50 in the U.S. by the
Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
and No. 21 in the nation by
US News ''U.S. News & World Report'' (''USNWR'', ''US NEWS'') is an American media company publishing news, consumer advice, rankings, and analysis. The company was launched in 1948 as the merger of domestic-focused weekly newspaper ''U.S. News'' and ...
. The Finance Department is ranked No. 2 in the nation by Advances in Financial Education in terms of the number of publications in financial journals. In addition, undergraduate students have dominated case competitions against other Boston area business schools, winning nine of the last 11 Business School Beanpot competitions. The full-time MBA program was ranked #51 in the 2012 Bloomberg Businessweek report. The program moved up five places since the last report published in 2010. Employer surveys have moved the Program from #57 to #48 nationally.


International Field Study Programs

Northeastern's MBA international summer programs are designed to give students knowledge in and new perspectives regarding international business. All courses involve a multinational faculty and are taught in English. Each year students can apply to their choice of one of four destinations offered. 2013 program offerings included
China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
,
Russia Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders ...
,
South America South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a considerably smaller portion in the Northern Hemisphere. It can also be described as the southern Subregion#Americas, subregion o ...
(
Peru Peru, officially the Republic of Peru, is a country in western South America. It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the south and west by the Pac ...
&
Chile Chile, officially the Republic of Chile, is a country in western South America. It is the southernmost country in the world and the closest to Antarctica, stretching along a narrow strip of land between the Andes, Andes Mountains and the Paci ...
), and the
Aegean Region The Aegean region () is one of the 7 Geographical regions of Turkey, geographical regions of Turkey. The largest city in the region is İzmir. Other big cities are Manisa, Aydın, Denizli, Muğla, Afyonkarahisar and Kütahya. Located in w ...
(
Turkey Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armen ...
&
Greece Greece, officially the Hellenic Republic, is a country in Southeast Europe. Located on the southern tip of the Balkan peninsula, it shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to th ...
).


References

{{Coord, 42.340, N, 71.088, W, display=title Northeastern University Business schools in Massachusetts Universities and colleges established in 1922 Universities and colleges in Boston The Washington Campus University subdivisions in Massachusetts 1922 establishments in Massachusetts