The USC Marshall School of Business is the business school of the University of Southern California. Considered one of the premier business schools in the United States, it is the largest of USC's 17 professional schools. The current Dean is James G. Ellis. In 1997 the school was renamed following a US$35 million donation from alumnus Gordon S. Marshall.
History
The Marshall School began as the College of Commerce and Business Administration in 1920. The Graduate School of Business Administration was established in 1960. It is accredited as a business school by the Association to Advance Collegiate Schools of Business. The Entrepreneurship Program, the first of its kind in the United States, was established in 1972 and is internationally recognized. It has now been renamed The Lloyd Greif Center for Entrepreneurial Studies. The Pacific RIM Education (PRIME) program was implemented in 1997 as the first ever MBA course of its kind to require all first year full-time MBA students to participate in an international experience.
The Leventhal School of Accounting was formed within the school on February 7, 1979. All of its classes are offered at the University Park campus in Los Angeles.
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Campus
The school occupies four multi-story buildings on campus: Hoffman Hall, Bridge Hall, the Accounting building, and Popovich Hall, which is the MBA building. In addition, the school recently began construction on Fertitta Hall, the future home of USC Marshall's undergraduate program, with completion slated for Fall 2016.
Popovich Hall
This is the main building of the Marshall School. The $20 million, 55,000 square feet (5,100 m2), building opened in 1999 as one of the most technologically advanced business school buildings in the United States. It was named after alumni J. Kristofer Popovich and Jane Hoffman Popovich, for their $5 million gift. The hall provides state-of-the-art technology and eight case-study rooms fully equipped with audio-video teleconferencing devices, 13 Experiential Learning classrooms capable of transmitting lectures and presentations throughout the building, more than 1,100 data connections outlets throughout the building, a courtyard, and more than 15 miles (24 km) of fiber-optic and cable wiring in its Modern Career Resource Center.
Bridge Hall
Bridge Hall houses all undergraduate offices for the Marshall School of Business, which includes the Office of the Dean, Office of Admissions, and the Department of Finance & Business Economics. It also houses a number of classrooms including the original Experiential Learning classrooms.
Hoffman Hall
The H. Leslie Hoffman Hall of Business Administration, which opened in 1973 and stands eight stories tall, houses the Crocker Business Library and Computer Services. It is named for H. Leslie Hoffman, father of Jane Hoffman Popovich. It was designed by renowned architect I. M. Pei.
Programs
Undergraduate
The Marshall School offers a Bachelor of Science in Business Administration. There are several joint programs that offer studies with International Relations and Cinematic Arts in combination with Business Administration. New students take a business core and have other time to fulfill the USC Core and take elective classes. Until the 2010-2011 academic year, each student chose a concentration to complete with the degree. It also offers an undergraduate Bachelor Science in Accounting degree through the Leventhal School.
The undergraduate program offers a variety of international opportunities. The Global Leadership Program (GLP) comprises a two-semester seminar on business leadership in China and a spring break trip to China. The Learning About International Commerce (LINC) program comprises a one-semester seminar and a trip to another country.
In 2012, Marshall introduced the World Bachelor in Business (WBB) Program, developed in conjunction with The Hong Kong University of Science and Technology and Bocconi University. WBB is the first undergraduate program of its kind in which students will live and study on three continents and earn degrees from three universities. During four years of study in Los Angeles, Hong Kong and Milan, Italy, WBB students will learn from internationally renowned teachers and scholars in a business curriculum that combines cultural immersion and real-world experiences. The first cohort of 45 WBB students began their education in the fall of 2013.
Graduate
MBA Programs Full-time Master of Business Administration (MBA): Marshall's two-year full-time MBA comprises a straightforward intensive core and a diverse range of electives and concentrations. Fall semester of the first year is devoted to foundation courses as well as courses in functional areas. By the end of the first semester, students will have taken classes in accounting, corporate finance, management communication, marketing, microeconomics, operations, organizational behavior, statistics and strategy. During spring semester, students may select as many as four electives in addition to the Global Context of Business/PRIME class.
The core concludes with the Global Context of Business. Spanning the entire spring semester of the first year MBA experience, the Global Context of Business/PRIME class is a carefully sequenced and integrated learning experience that has three main components: common sessions, country-specific sessions and PRIME International Experience Learning (PRIME, a required research 10-day trip to Pacific Rim countries to visit selected companies, both domestic and multinational, and government institutions).
The second-year of the Full-Time MBA program is intended to be customized to suit students' interests and career goals. The required units can be earned by taking elective coursework, designing an individualized program of study that cuts across several functional areas, completing an independent study project, and/or selecting courses from other schools within the university.
Other Academic Opportunities
ABAC Research Project: APEC (Asia Pacific Economic Cooperation) is a confederation of 21 Pacific Rim economies that encourages cooperation and promotes free trade among its members. Since 2003, Marshall has been the only business school worldwide whose MBA students have conducted research for ABAC (APEC Business Advisory Council), which studies the current market forces and conditions of the region. After conducting extensive research in APEC countries, the Marshall ABAC team of approximately 12 students presents its findings at the annual ABAC CEO Meeting, which consists of over 60 CEOs assigned by their respective country leaders. Past research teams have investigated topics such as: sustainable energy, temporary worker mobility, non-tariff barriers to trade, and rules of origin regimes.
Graduate Student Investment Fund (SIF) Course: The Seminar for Applied Portfolio Management Student Investment Fund (SIF) Program is a one-year commitment consisting of two three-unit courses. In these classes students learn the theory and practice of investment management through a merging of financial analysis, portfolio management and the actual management of the Student Investment Fund. Each year interested Marshall graduate students apply to be part of the course and 16 students are selected.
Independent Projects: In addition to the Core and elective courses offered at Marshall, second year MBA students in good standing may apply to complete an independent research project. The independent project option allows students to pursue research in specific areas of interest that may not be covered in other course offerings.
Non-Marshall Coursework: Second year MBA students in good standing also have the opportunity to request to take courses at other USC schools and departments. A maximum of nine units of graduate-level electives may be approved to be taken at USC outside the Marshall School of Business for elective credit, providing the student shows sufficient reason why that specific course is relevant to the Marshall MBA program.
Part-time MBA: The part-time MBA for Professionals and Managers (MBA.PM) is a 33-month program, although it can be taken over a five-year period. It consists of 12 months of core classes followed by electives. After the core all students take PM Globe, a semester-long macroeconomics course that includes a one-week overseas trip to a Pacific Rim country (resembling PRIME as detailed above). The core can be taken at either the USC university Park campus in Los Angeles or the USC Orange County Center in Irvine. All elective courses are taught at the main campus. Students attend classes two evenings a week.
Global Executive Education: The Global Executive MBA (GEMBA), an international version of Marshal's EMBA program, began in Shanghai, China in collaboration with Jiao Tong University in 2004. Classes are taught primarily in Shanghai by USC Marshall professors. Like the US-based EMBA program, GEMBA is a 21-month Executive MBA where students maintain their full-time jobs while studying. The GEMBA program meets on 10 occasions from Thursday through Monday in Shanghai every six to eight weeks, as well as meeting for eight to nine days at the USC campus in Los Angeles on two separate occasions. The program also includes one five day study session in an Asian country other than China. This schedule structure allows students from around the Pacific Rim to fly in for classes. Homework and case study analysis is performed by students between sessions.
Executive MBA (EMBA): The EMBA program is designed for senior managers and seasoned professionals who wish to remain fully employed as they pursue their graduate studies. This 21-month program incorporates a successful thematic MBA curriculum that gets to the heart of issues seasoned professionals encounter on a daily basis. The school concentrates learning objectives on the 'interrelatedness' of business functions as opposed to the teaching of individual disciplines as unrelated functional entities. This approach has resulted in a program that consists of 10 'themes,' two domestic off-site sessions, and one international off-site session.
IBEAR (International Business Education and Research) MBA: The IBEAR (International Business Education and Research) MBA is a 12-month, full-time program in international management aimed at mid-career managers.
Graduate Accounting Programs
Master of Accounting: The M.Acc. program provides an integrated curriculum designed to prepare graduates for careers in professional accounting, public accounting, industry and government. Through its integrated curriculum, students have the opportunity to study accounting in greater depth than in undergraduate accounting programs or M.B.A. programs with concentrations in accounting. The objectives of the program include developing the sound conceptual, technical, analytical and communication skills that are required to succeed at the highest echelons of the accounting profession. The program employs a rigorous case analysis approach that requires students to exercise their analytical abilities and develop effective verbal and written communication skills. The Master of Accounting is full-time, one-year program, ranked No. 4 in the country by Public Accounting Report.
Master of Business Taxation: The Master of Business Taxation (M.B.T.) program provides in-depth specialization in taxation to prepare the student for a successful career as a tax professional. The program is designed to develop the skills and expertise professionals need to assist individuals and firms trying to cope with myriad tax legislation and regulation at both the federal and local levels.
Specialized Masters Programs
Master of Science in Business Analytics: The Master of Science in Business Analytics is designed for managers who want to develop their analytical skills and recent college graduates with strong analytical skills who are interested in pursuing a career in business analytics. The program provides students with tools, ideas and frameworks that will aid them in making business decisions in a scientific manner, based on actual data, to improve the performance of their organization.
Master of Science in Entrepreneurship and Innovation (MSEI): The Master of Science in Entrepreneurship and Innovation is designed to develop the entrepreneurial knowledge, skill sets, and decision-making frameworks required to recognize and evaluate business opportunities and to create and guide a new entrepreneurial entity either individually or within a larger organization. Classes are offered primarily at night to accommodate the needs of working professionals.
Master of Science in Finance (MSF): The Master of Science in Finance provides individuals with the necessary skills and knowledge to become experts in finance and thus advance their careers in business. The program is exceptionally well suited to individuals completing a bachelor's degree who are seeking an opportunity to continue their studies at USC for one year and earn a master's degree in finance before entering the work force.
Master of Management in Library and Information Science (MMLIS): The Master of Management in Library and Information Science program prepares professionals with the practical leadership skills needed to manage libraries and information centers within colleges and universities, businesses, governmental organizations and in the digital world. The program is delivered entirely online and can be completed in as few as 18 months.
Master of Long Term Care Administration: This online program is designed to prepare competent individuals to administer the long term needs of America's elderly population. It is jointly offered by the Davis School of Gerontology, the Marshall School of Business, and the School of Policy, Planning, and Development.
Master of Medical Management (MMM): This program is designed for physicians who wish to gain formal business knowledge and develop critical thinking skills. The program consists of four one-week intensive residential sessions.
Master of Science in Social Entrepreneurship (MSSE): The Master of Science in Social Entrepreneurship gives students the opportunity to learn business and entrepreneurship skills within a framework of combining both financial and social missions. The program can be completed in one year (full-time students) or two or more years (part-time students).
Master of Business for Veterans (MBV): The Master of Business for Veterans is designed for veterans who wish to gain formal business knowledge and develop critical thinking skills to manage or grow a business.
Master of Management Studies (MMS): The Master of Management Studies is designed to provide students who have completed graduate business course work equivalent to the first year of a traditional two-year MBA program with an opportunity to pursue further studies at the USC Marshall School of Business.
Master of Science in Business Administration (MSBA): The Master of Science in Business Administration is designed to provide students with an opportunity to pursue an area of specialization subsequent to successfully completing the Master of Business Administration (MBA).
Master of Global Supply Chain Management: The M.S. in GSCM is offered in either a 12-month, full-time curriculum or a 16-month, part-time online curriculum.
Executive Education
For individuals, Marshall Executive Education offers innovative open enrollment programming with a wide variety of business certificate programs - online and in-person - geared towards professional and personal development.
PhD
Ranked within the top 15 world business research institutions, the Marshall School offers a full-time doctoral program within the five academic departments. The program generally lasts 4-5 years with up to two years of dissertation. Along working with notable faculty, doctoral students also receive substantial financial aid, such as graduate assistantship and a living stipend, during their study.
Trojan Family
The Marshall School has more than 82,000 alumni worldwide in 123 countries. Its members consider themselves part of the larger USC Trojan family, itself 345,000-strong. This robust network is often cited by alumni as a factor in their successful job searches. Events at Marshall often emphasize the importance of networking within the Trojan Family.
The business school is home to the USC Marshall School of Business Gay and Lesbian Association.
Rankings
Its entrepreneurship program was ranked #2 and its accounting program was ranked #5 in 2014. For international business, it was also ranked #4 in the United States and #8 in the world.
For 2014, national rankings of Marshall's MBA program include No. 37 by Forbes, No. 21 by Bloomberg BusinessWeek, and No. 27 by U.S. News and World Report. In global rankings, Marshall was ranked No. 63 by The Economist and No. 65 by Financial Times.
People
Alumni
See also: List of University of Southern California people
- Dan Bane (B.S. '69) Chairman and CEO of Trader Joe's
- Marc Benioff (B.S. '86) Founder and CEO of Salesforce.com
- John Campbell (M.B.T. '77) United States Congressman
- Henry Caruso (B.S.) Founder of Dollar Rent-A-Car
- Alan Casden (B.S. '68) Chairman and CEO of Casden Properties
- Ronnie Chan (M.B.A) Chairman of Hang Lung Group and Hang Lung Properties in Hong Kong
- Yang Ho Cho (M.B.A. '79) President and CEO of Korean Airlines and Chairman of the Hanjin Group
- Chris DeWolfe (M.B.A. '97) Co-founder and CEO of MySpace
- Vic Edelbrock, Jr. (B.S. '59) President and CEO of Edelbrock Automotive
- Charles Elachi (M.B.A. '78) Director of the Jet Propulsion Laboratory (JPL)
- Robert M. Fomon (B.S. '51) Former Chairman and CEO of E. F. Hutton & Co. and governor of the New York Stock Exchange
- Pat Gillick (B.S. '58) General manager of the Philadelphia Phillies
- Ivan Glasenberg (M.B.A. '83) CEO of Glencore
- Steve Goodall (B.S., M.B.A.) President of J.D. Power and Associates
- Henry C. Gordon (M.B.A. '66) X-20 Dyna-Soar astronaut
- Chris R. Hansen (M.B.A. '96) Founder of Valiant Capital Management
- Dean Heller (B.S. '85) United States Senator
- Tom Hicks (M.B.A. '70) Businessman and owner of English soccer team Liverpool F.C.
- Bradley Wayne Hughes (B.S. '57) Founder and CEO of Public Storage
- Jon Huntsman, Sr. (M.B.A.) Founder and Chairman of Huntsman Corporation; benefactor of the Huntsman School of Business
- Hyekyung "Shelly" Hwang (M.B.A.) Co-founder of Pinkberry
- Richard Knerr (B.S. '47) Co-founder and former president of Wham-O
- Lenny Krayzelburg (B.S. '98) Olympic gold medalist
- Terrence Lanni (B.S. '65) Chairman and CEO of MGM Mirage
- J. Sterling Livingston (B.S. '38) Author, management consultant and former professor at the Harvard Business School
- Paul Locatelli (PhD '71) President and professor of accounting at Santa Clara University
- Armen Margarian (B.S. 2001, M.B.A. 2006) - Co-Founder and CEO of NexusLab Inc. (an Inc.5000 Company)
- Sri Manchala (M.B.A.) Founder and CEO of Trianz
- Gordon S. Marshall (B.S. '46) Founder of Marshall Industries (acquired by Avnet in 1999) and benefactor of the Marshall School of Business
- Preston Martin (B.S. '47, M.B.A. '48) Founder of the PMI Mortgage Insurance Company; former Vice Chairman of the Federal Reserve Board
- Steve McIntosh (B.S. '84) Founder and president of Now & Zen, Inc.; an influential writer in the field of integral philosophy
- Bob McKnight (B.S. '76) Chairman and CEO of Quiksilver
- Anthony Munoz (B.S. '76) Former National Football League Offensive Lineman
- Pat Nixon (B.S. '37) Former First Lady
- Paul Orfalea (M.B.A. '71) Founder of Kinko's and benefactor of the Orfalea College of Business
- Andrall E. Pearson (B.S. '44) Former president of PepsiCo, founding chairman and CEO of Yum! Brands, Inc. and Harvard Business School Professor Emeritus
- Mark Prior (B.S. '04) Major League Baseball pitcher
- Edward P. Roski (B.S. '62) Chairman and CEO of Majestic Realty Co., part owner of the Los Angeles Kings and Los Angeles Lakers
- Steve Saleen (B.S.) Founder and CEO of Saleen Performance, Inc.
- Michele Tafoya (M.B.A. '91) ESPN sportscaster
- Kevin Tsujihara (B.S. '86) CEO of Warner Bros.
- Ronald N. Tutor (B.S. '63) Chairman and CEO of Tutor Perini Corporation
Faculty
- Warren Bennis - Distinguished Professor of Business Administration; named the "dean of leadership gurus" by Forbes magazine
- Richard B. Chase - Justin Dart Professorship in Operations Management
- Thomas Gilligan - E. Morgan Stanley Chair in Business Administration
- William Holder - Ernst & Young Professorship in Accounting
- Lloyd Levitin - Professor of Finance
- Kenneth Merchant - Deloitte & Touche LLP Chair in Accountancy
- Ian Mitroff - Harold Quinton Distinguished Chair in Business Policy and Professor of Management and Organization
- Kevin J. Murphy - Kenneth L. Trefftzs Chair in Finance
- Gerard Tellis - Jerry and Nancy Neely Chair in American Enterprise
- S. Mark Young - KPMG Foundation Professorship in Accounting, Marshall School of Business.
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