The Krannert School of Management is the school of management at Purdue University, a public research university in West Lafayette, Indiana. It offers instruction at the undergraduate, master's, and doctoral levels.

History

The School of Industrial Management at Purdue University was created in 1958 from the merger of the Department of Economics (established in the School of Science, Education, and Humanities in 1953) and the Department of Industrial Management and Transportation (part of the Schools of Engineering since 1956). The Krannert Graduate School of Industrial Administration was founded in 1962 with a $2.7 million

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from Herman Krannert and

Ellnora Krannert Ellnora Decker Krannert (May 20, 1890 - July 6, 1974) was a philanthropist with a passion for the arts, drama, dance, and music. Ellnora was born in Noblesville, Indiana to Pheobe Katherine Spencer Decker and Philip Greene. She earned a bachelor's ...

. The AACSB accredited the new school in 1967. In the early years, students were required to pursue a second major, in a technical subject, in addition to their coursework in business and management. The curriculum expanded over the following decade and the word "Industrial" was dropped from the schools' names in the mid 1970s. Today, the Krannert name refers to both the undergraduate and post-graduate programs. Krannert is accredited by the AACSB.

Academics

The school currently has nearly 20 clubs and organizations open to undergraduates, including the School of Management Council (SMC). There are some 25 professional, cultural and special interest clubs at the graduate level, including the Krannert Graduate Student Association (KGSA) and the Krannert Doctoral Student Association (KDSA).

Undergraduate

The School of Management offers eight undergraduate degree programs. In keeping with the global scope of the modern manager, all programs include instruction in the international aspects of business and economics. The "3+2" program is available to outstanding undergraduates in the School of Management. The program allows students to complete their B.S. and Master of Business Administration (MBA) degrees in just five years.

Master's & Executive

Krannert awards several master's degrees: MBA, EMBA, International Masters in Management, Master of Science in Human Resource Management, Master of Science in Industrial Administration,

Master of Science in Finance Master or masters may refer to: Ranks or titles * Ascended master, a term used in the Theosophical religious tradition to refer to spiritually enlightened beings who in past incarnations were ordinary humans *Grandmaster (chess), National Master ...

, Master of Science in Global Entrepreneurship, Master of Science in Global Supply Chain Management and a Weekend MBA. These programs are housed in

Rawls Hall Jerry S. Rawls Hall is a building on the Purdue University campus, Krannert School of Management. The building is named after Jerry S. Rawls, a Krannert alumnus, who donated $10 million toward its construction. Rawls was formerly the chief execu ...

. The school also offers a variety of joint programs with other colleges on campus including the combined

Doctor of Pharmacy A Doctor of Pharmacy (PharmD; New Latin: ''Pharmaciae Doctor'') is a professional doctorate in pharmacy. In some countries, it is a doctoral degree to practice the profession of pharmacy or to become a clinical pharmacist. In many countries the ...

(PharmD) and Master of Science in Industrial Administration (MSIA), the combined Bachelor of Science in Industrial Engineering (BSIE) and Master of Business Administration ( MBA), and the combined Bachelor of Science in Mechanical Engineering (BSME) and Master of Business Administration ( MBA) In 2020, despite tight alumni classes and a well respected curriculum the Krannert School of Management was forced to pause its full time residential MBA program.

Doctoral

The Krannert Doctoral Programs offer students the opportunity to work closely with first-rate faculty in the areas of Economics, Management (with concentrations in

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 ...

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 Information Systems, Marketing, Operations Management, Quantitative Methods/ Management Science, and

Strategic Management In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of Resource management, resour ...

), and Organizational Behavior & Human Resource Management ( OBHR). Krannert's doctoral programs were ranked #23 in the world for 2009 and #25 for 2013{{cite web, url=http://rankings.ft.com/businessschoolrankings/purdue-university-krannert/global-mba-ranking-2013#global-mba-ranking-2013, title=Business school rankings from the Financial Times - FT.com, website=rankings.ft.com by '' Financial Times''.

Facilities

The school's facilities are located on the southeastern part of Purdue's West Lafayette campus near the Purdue Memorial Union. The majority of undergraduate classes are conducted in the Krannert Building, which opened in 1964.

is the home of all the classes in the Masters program. Rawls Hall houses 13 electronically equipped classrooms, a professional career center, a multimedia-based auditorium, 25 breakout rooms, distance learning facilities, and sophisticated computer labs. The building is named for Krannert master's alum,

Jerry S. Rawls Jerry S. Rawls is an American businessman and philanthropist. He is the co-founder and chairman of Finisar. Biography Early life Jerry Rawls was born in Houston, Texas, and graduated from Bellaire High School in Houston in 1962. He earned hi ...

. Rawls, the president and chief executive officer of

Finisar Finisar Corporation is a manufacturer of optical communication components and subsystems. The company was founded in April 1987 by Frank Levinson and Jerry Rawls in Menlo Park, California. In November 1999, it went public via an initial public ...

Corp., donated $10 million to the Krannert at the Frontier Campaign. The gift is the largest in Krannert history and one of the largest at Purdue. In recognition of his generosity, the Purdue Board of Trustees voted in 2000 to name the new Krannert facility Jerry S. Rawls Hall. The Jerry Rawls Hall was dedicated on October 2, 2003.

Alumni

* Sam Allen, retired chairman and chief executive officer for

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, founder and CEO of the SBB Institute, and first female partner of

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, NFL quarterback for the

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* Beth Brooke-Marciniak, global vice chair of public policy for

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, president of

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, former chairman and CEO of

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, chairman of SSA & Company *

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, CEO and chair of

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member * Robbie Hummel, professional basketball player *

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, executive advisor at The Blackstone Group, former chairman, president, and CEO of

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, retired chairman, president, and CEO at Goodrich *

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, chief economist at

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, co-founder and chairman of

Donald Rice Donald Blessing Rice (born June 4, 1939) is a California businessman and senior government official. He has been president and chief executive officer of several large companies including RAND Corporation, and has sat on numerous boards of dire ...

, former secretary of the Air Force and California businessman *

Dulquer Salmaan Dulquer Salmaan (born 28 July 1986) is an Indian actor, playback singer and film producer who predominantly works in Malayalam and Tamil films, in addition to Telugu and Hindi films. He graduated with a bachelor's degree in business managemen ...

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References

{{Reflist {{PU {{authority control {{DEFAULTSORT:Krannert School Of Management Business schools in Indiana Purdue University Educational institutions established in 1962 The Washington Campus 1962 establishments in Indiana