Jon M. Huntsman School of Business | |
Established: | 1888 |
Type: | Public |
Affiliations: | Utah State University |
Dean: | Douglas D. Anderson |
Faculty: | 168 |
Students: | 3,500 |
City: | Logan |
State: | UT |
Country: | United States |
Free Label: | Alumni |
Free: | 31,000 |
Website: | http://huntsman.usu.edu/ |
The Jon M. Huntsman School of Business is located at Utah State University in Logan, Utah.
The business school was founded in 1888 as the college's Commercial Department. The first students graduated from the course in 1894 when the only four-year business school was the Wharton School of the University of Pennsylvania.
The program underwent several organizational revisions and name changes in its first two decades. By 1911, the program (then named School of Commerce) was already recognized as a leading business institution. A 1911 newspaper report about the economics department said:
In 1918, the school became known as the School of Commerce and Business Administration. At that time, the school included five departments: markets, business administration, accounting, political science, and history. Other majors continued to be added over time.
In 1952, under the direction of Professor C. D. McBride, the Management Institute came into existence. Utah's economy was rapidly shifting from agriculture to business, and Utah State University, as the land-grant institution in Utah, had an obligation to provide educational services in business and industry throughout Utah comparable to those offered in agriculture and rural life through the Cooperative Extension Service. The Management Institute was in charge of providing educational services for businesses.
By 1957, the School of Commerce and Business Administration had become the College of Business and Social Sciences, with M. R. Merrill as dean. Three of the four departments were strictly social science: history and political science, economics, and sociology. In 1959, Robert P. Collier became acting dean. The college included the departments of business administration and secretarial science, history and political science, sociology and social work, and economics.
By 1966, business courses were taught in more than a dozen buildings on campus. Accounting, which had enjoyed department status early in the college's history but had been under business administration for many years, became a separate department again—in addition to the accounting department, the College of Business included six other departments, including the Division of Military Science and Aerospace Studies.
The time had come for the college to have its own building. The Utah Building Board approved a $600,000 federal grant for a business building, and on Jan. 11, 1967, the schematic plans for the building were approved by the USU Board of Trustees. The groundbreaking ceremony was held on Dec. 10, 1968, with a projected cost of $1,591,700 for the structure. On May 8, 1970, the building was dedicated as the George S. Eccles Business Building.
The Eccles Building is nine stories high. Its original design included a three-story classroom base and six additional stories of faculty offices, seminar rooms, and other facilities. The building has since undergone multiple renovations.
The College of Business's undergraduate program was accredited by the Association to Advance Collegiate Schools of Business (AACSB) in 1971, and the graduate (master's) program was accredited by the AACSB in 1981.
In February 1983, the Department of Accounting became the School of Accountancy. By 1986, the College of Business had a full-time enrollment of approximately 1,398 students in its undergraduate and graduate programs (Self-Study Report, 1986). Thirty-nine full-time and 32 part-time faculty were employed in three departments: business administration, administrative systems and business education, and accounting. The Department of Economics remained under the joint administration of the Colleges of Business and Agriculture.In 2007, Utah State's College of Business became the Jon M. Huntsman School of Business after a $26 million donation by the Huntsman Foundation.
On March 16, 2016, Jon M. Huntsman Hall was dedicated and opened. The building is a 125,000-square-foot student-centered facility with 21 classrooms, 21 meeting spaces, faculty/administration offices, and event spaces.
On May 6, 2017, the Huntsman School announced a joint $50 million gift from the Huntsman Foundation and the Charles Koch Foundation, the largest in the school's history.[1]
The Stephen R. Covey Leadership Center was established on November 2, 2018. Its purpose is to develop principle-centered leaders.
As of 2019, the Huntsman School offers seven undergraduate majors and six graduate programs.
The George S. Eccles Business Building underwent a major renovation in 2008, made possible by a $1 million grant from the George S. and Dolores Doré Eccles Foundation.
In 2011, the Utah Legislature approved funding for a new business building, Jon M. Huntsman Hall, located southwest of the Eccles Business Building. The building was funded by $36 million in private funds and $14 million in state funds. The 125,000-square-foot building includes 21 classrooms, 21 student meeting rooms, office spaces, and multiple event spaces.
The Huntsman School comprises five academic departments: Accounting, Economics and Finance, Management, Management Information Systems, Marketing, and Strategy. As of 2019, the school has 105 faculty members and 63 staff members.
The Huntsman School offers seven majors encompassing the core business disciplines and 16 specialized minors.
The Huntsman School offers six business graduate programs. All six graduate programs are offered on-campus to full-time students. MBA and MHR are available as part-time programs with delivery methods tailored for working professionals. The school also offers concurrent enrollment graduate programs. Students can select two majors from MBA, MHR, and MMIS and complete two graduate degrees in 2 years.
In 2006, Dr. Douglas D. Anderson became the dean of the College of Business at Utah State University. A year later, he secured a $25 million gift from Jon M. Huntsman Sr. for the college renamed the Jon M. Huntsman School of Business. In 2016, Anderson helped secure a $50 million collaborative gift ($25 million from the Huntsman Foundation and $25 from the Koch Foundation). Dr. Anderson is a Utah State University and Harvard University graduate. In 2010, Utah State University and the Huntsman School of Business announced that Stephen R. Covey would join its faculty as the school's first Jon M. Huntsman Presidential Chair. Covey was the author of Seven Habits of Highly Effective People. In 2021, the Huntsman School hired Oxford professor Teppo Felin to become the inaugural Douglas D Anderson Endowed Professor of Strategy and Entrepreneurship.
See main article: List of Utah State University alumni.
On November 13, 2017, The Utah Statesman published an article about the college secretly spending differential tuition without the permission of an advisory board, an amount totaling more than $8 million annually.[7] At the Huntsman School of Business, students are required to pay $2,000+ more annually than other students at Utah State University, but these business students were told they get a voice in how that money will be spent. That voice would be the 3-5 students on the Advisory Board. But the board had never met, and when Business Senator Nadir Tekarli (student) tried to get the board to meet, he was met with problems from the administration. Due to the backlash following The Utah Statesman publication, the administration caved and had its first Advisory Board meeting. The Salt Lake Tribune has also covered this story.[8]