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Vanderbilt Business School

The Vanderbilt MBA curriculum provides you with the core business classes you need to succeed, as well as the flexibility to customize your curriculum through concentrations, specializations, and emphases to develop the subject matter expertise to catapult or change your career.

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Ranked as a top business school by U.S. News & World Report, Financial Times, BusinessWeek and Forbes, the Vanderbilt Owen Graduate School of Management offers a variety of degrees and programs to help you achieve your career goals.

In an average year, 1.9 million Americans graduate from college. They, and you, will be in the market with everyone else competing for career-building jobs. We'd like to suggest several proven ways to swing the odds in your favor: innovative, career-launching programs ranging from a 3-week summer business immersion to one-year degrees in accounting, finance, or marketing.

The Vanderbilt Master of Marketing is an accelerated 10-month, on-campus degree providing the tools needed to excel in one of the most exciting areas of the business world. The program is designed for recent college graduates (all majors welcome) and equips students with well-rounded knowledge and real-world experience.

The Vanderbilt Master of Management in Health Care (MMHC) is a one-of-a-kind degree designed for physicians and nurses, as well as clinical and non-clinical administrators who wish to become better business managers and leaders in a complex and changing environment.

Accelerator Summer Business Immersion is a 3-week career building program that equips students with career preparation, business knowledge, and hands-on experience through real client projects. The unique program provides a transformative experience for undergrads and recent college graduates. Students from all institutions and majors are welcome.

Vanderbilt Executive Education brings the faculty and educational experience of a top-ranked business school to working professionals who wish to advance their careers without the commitment of a degree program.

The Vanderbilt University Owen Graduate School of Management is the graduate business school of Vanderbilt University in Nashville, Tennessee, United States. Founded in 1969, Owen awards six degrees: a standard 2-year Master of Business Administration (MBA), an Executive MBA, a Master of Finance, a Master of Accountancy, a Master of Accountancy-Valuation, and a Master of Management in Health Care, as well as a large variety of joint professional and MBA degree programs.[3] Owen also offers non-degree programs for undergraduates and executives.

Vanderbilt University Owen Graduate School of Management has been in operation since 1969, but the university's first proposal for a business education program came from its Board of Trust (BOT) in 1881. They called it the Commercial College Department. No program was established then, however, and it was the mid-1950s before a program of business administration was offered in the Department of Economics.[6] With the economic growth in Nashville and Middle Tennessee at that time, local businessmen, many of whom were Vanderbilt alumni and BOT members, recognized the need for a formal business education program to train leaders for the area. They were concerned that too many aspiring young businessmen would attend schools in other parts of the country and then remain in those regions.

The first dean, Igor Ansoff, held master's degrees in engineering and in mathematics and physics from the Stevens Institute of Technology; his PhD from Brown University was in applied mathematics. He had most recently been a professor of industrial administration at Carnegie-Mellon but previously worked at Lockheed, where his specialty was strategies of diversification. He had also written and published works on business education and business management.[6]

In July 2013, M. Eric Johnson started his tenure as the Ralph Owen Dean and Bruce D. Henderson Professor of Strategy. Johnson previously served as Associate Dean for the MBA program at Dartmouth College's Tuck School of Business, where he was also Faculty Director of the Glassmeyer/McNamee Center for Digital Strategies and Benjamin Ames Kimball Professor of the Sciences of Administration. He began his academic career at Vanderbilt's Owen Graduate School of Management, where he taught from 1991 to 1999. One of the youngest professors to receive tenure in the school's history, Johnson twice won the Dean's Teaching Excellence Award while at Owen.[12]

The Owen School's MBA degree program takes two years to complete and requires a minimum of 62 credit hours. The program is set up in eight modules (equal to four semesters) of full-time study. Students must take core courses in the fundamentals of management and complete them within their first year. MBA students may choose from the following career paths: finance, real estate, marketing, health care, human and organizational performance, operations, consulting, general management, entrepreneurship, or a custom career path.[16] Then students must take courses in one concentration, one course in international business, and courses outside their primary concentration. In addition to earning an acceptable letter grade, students must complete a project before graduation. The approach to learning (ranked in order of percentage) includes lecture, case study, team project, simulations, and experiential learning.[17] The Leadership Development Program begins at orientation when students join teams, and executive coaches work with students on an individual basis to explore their leadership abilities. Throughout the four modules, this program challenges students with exercises, projects, and workshops.[18]

Most students who pursue the Executive MBA have been working in the business world for some time. Many are corporate executives who want to advance within their companies. Others are entrepreneurs who want to advance their businesses, and still others are professionals who want to become managers rather than practitioners. The program requires 24 months. In 2009, incoming students began following an alternating Saturday schedule and two summer sessions. The change from an alternating Friday/Saturday schedule was made to accommodate students in a challenging economic environment.[19] The first EMBA class graduated in the spring of 1980.[6]

The Americas MBA, an offshoot of the EMBA, is designed for working professionals who need more training for senior-level responsibilities for global organizations. The second year of the program consists of four 10-day residencies in the following countries: Brazil, Canada, Mexico, and the United States. Upon completion of the program, students earn both the Vanderbilt MBA and the Americas MBA Alliance Certificate, issued by all partner schools from all participatory countries.[20]

The Owen School offers several programs for working professionals:[21] Open Enrollment Programs require a two- or three-day commitment. The topics offered include management fundamentals, leadership, health care, and banking. Custom Corporate Programs are designed for specific organizations that seek solutions to a business challenge. In partnership with BAI (Bank Administration Institute), the Vanderbilt Banking Institute offers two-day programs for leaders in financial services management. Beginning in the fall of 2009, business executives were able to earn certificates in some subjects, notably health care and banking, by taking six to twelve two-day courses instead of three-day courses.[22]

Health Care MBA students are required to take 28 credit hours in business fundamentals. Also they select a concentration, requiring 12 credit hours, which may be in finance, accounting, general management, human and organizational performance, information technology, marketing, operations, or strategy. Some companies that have recruited Owen Health Care MBAs include Abbott Laboratories, Boston Scientific, HCA, and Johnson and Johnson.[24]

Students complete requirements for the Master of Management in Health Care within one year by taking core business courses one night per week and health care courses one weekend per month. They also work in teams on a project. Most students are clinicians, physicians, or nurse managers; all candidates must have at least five years of work experience in their fields. Students have learned that by following standard business practices, providers can improve the quality of care to patients and save money.[25]

Owen's two-year MBA program is consistently ranked among the top business schools in the nation by major publications. In 2016, Owen was ranked #22 in U.S. News & World Report's rankings.[27] Bloomberg Businessweek ranked the full-time MBA program #30 in 2014.[28]

The Owen School's faculty members have presented papers at conferences around the world, have published reference books, and have published papers in leading journals such as the Academy of Management Journal, Journal of Finance, MIT Sloan Management Review, and the Journal of Applied Psychology. Eight percent of faculty members have owned a business.[4]

A primary concentration in finance, operations, marketing, or HOP is typical for students who pursue a consulting career; they have to fulfill 12 credit hours. A secondary concentration is often in strategy, which requires 12 credit hours. Each of the finance, the marketing, and the HOP concentrations requires two specific courses and the rest electives. Operations requires one course, and the rest electives. Companies that have hired Owen students for careers in consulting include The Boston Consulting Group, Deloitte Consulting, ECG Management Consultants, and North Highland. Professor David C. Parsley served in the research department of the Federal Reserve Bank, San Francisco, before joining The Owen School; international finance is one of his interests. Luke Froeb, William C. and Margaret W. Oehmig Associate Professor in Entrepreneurship and Free Enterprise, is the former director of the Bureau of Economics for the Federal Trade Commission; he is dedicated to tearing down barriers to competition in the business world, and his models have been applied in the area of merger analysis.[43] 041b061a72


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