Virginia Tech Pamplin College of Business

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Virginia Tech
Pamplin College of Business
Type Public business school
Established 1965
Parent institution
Virginia Tech
Endowment Increase$817 million (parent institution)[1]
Dean Robert Sumichrast
Undergraduates 3,845
Postgraduates 389
Location , ,
Website www.pamplin.vt.edu

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The Virginia Tech Pamplin College of Business (commonly known as Pamplin College of Business or Pamplin), is Virginia Tech's business school. Founded in 1965, it has more than 41,000 alumni. The current Dean is Robert Sumichrast. In 1986 the college was renamed following a donation from alumnus Robert B. Pamplin and his son Robert B. Pamplin Jr..[2]

The college offers three different kinds of Master of Business Administration (MBA) degrees, three different Master of Science in Business Administration (MSBA) degrees, and a Master of Accounting and Information Systems (MACIS) degree. In addition, Pamplin offers two Ph.D. degrees, non-degree executive development programs, and majors and minors for undergraduate students. Pamplin jointly offers a Master of Information Technology (MIT) degree with the Virginia Tech College of Engineering.[3] The most recent national U.S. News and World Report rank shows Pamplin's undergraduate program is 23rd among public institutions and the Evening MBA Program is ranked 16th overall.[4] As of 2015 Pamplin accounts for approximately 20 percent of all business degrees awarded from Virginia's 14 senior public institutions.[5]

History

  • 1925 First Bachelors degree in business offered
  • 1931 First Masters degree in business offered
  • 1961 School of Business is established
  • 1965 The school became an official college of Virginia Tech
  • 1966 College of Business accredited by American Association of Collegiate Schools of Business (AACSB)
  • 1969 Master of Accountancy program is established
  • 1980 Department of Business Administration was divided into separate departments
  • 1983 Evening MBA program is established
  • 1986 College of Business receives a donation and is renamed after Robert B. Pamplin and his son
  • 1996 Executive MBA program is established
  • 2002 Pamplin College of Business starts offering hospitality and tourism programs
  • 2007 Diversity Center is established
  • 2013 Apex Systems Center for Innovation and Entrepreneurship is established
  • 2014 Center for Business Intelligence and Analytics is established
  • 2015 Pamplin celebrates 50th Anniversary as a college[6]

Academics

Pamplin offers undergraduate, graduate, and doctoral programs on Virginia Tech's Blacksburg campus. In addition the college offers MBA programs in Northern Virginia, Richmond, and Roanoke. The undergraduate program offers majors in accounting, business information technology, economics, finance, hospitality. information systems, management, marketing, and tourism management.[7] Minors are offered in: Applied Business Computing, Business Diversity, Entrepreneurship, International Business, Leadership, Multicultural Diversity Management, and Professional Sales.[8] Pamplin offers study-abroad opportunities for both graduate and undergraduate students. Pamplin students can attend Virginia Tech's Center for European Studies and Architecture in Riva San Vitale, Switzerland, and other European universities offer opportunities as well.[9]

Rankings

U.S. News & World Report rankings
Master of Information Technology 2
Evening Master of Business Administration 16
Public Undergraduate Program 23
Overall Undergraduate Program 39

Pamplin is a highly regarded business school and is one of a handful of core recruiting schools for some of the nation’s most selective firms. Current rankings by the U.S. News & World Report and Bloomberg Businessweek:

  • Master of Information Technology degree: 2nd overall in the nation according to the 2014 U.S. News and World Report.[10]
  • Evening MBA program: 16th overall in the nation according to the 2014 U.S. News and World Report.[11]
  • The Undergraduate program ranks No. 39 overall and No. 23 among the public institutions according to U.S. News & World Report.[12]
  • Undergraduate program ranked No. 52 overall, No. 24 by employers, Bloomberg Businessweek, 2013.[13]

Departments

Pamplin has several academic departments/schools:

Academic centers

Pamplin has a number of "academic centers" that are designed to bring students and industry experts together in an effort to further knowledge and best practices in key areas of business and industry.[14]

  • Apex Systems Center for Innovation and Entrepreneurship
  • Center for Business Intelligence and Analytics
  • Center for Leadership Studies
  • Business Diversity Center
  • Business Leadership Center

Career placement

Graduates from Pamplin are recruited by some of the best companies in the nation. In addition, the Commonwealth of Virginia has a number of companies based in the state, as well as large regional offices of those based elsewhere. Pamplin maintains a high job placement for its graduates.[15] According to PayScale's 2015–2016 report, Pamplin's MBA graduates have an average mid career salary of $125,000.[16]

Programs offered

The range of programs offered by Pamplin includes:[17]

Doctorate programs

Evening MBA/EMBA programs are located next to metro stations that provides easy and quick access to Downtown Washington DC.
Pamplin offers a Professional MBA within the Greater Richmond Region.
File:Pamplin Hall Virginia Tech.JPG
Pamplin Hall on the Main Campus where undergraduate, graduate, and doctoral students typically have classes.

Graduate programs

Undergraduate programs

  • Majors
    • Accounting and Information Systems
    • Business Information Technology
    • Economics
    • Finance
    • Hospitality and Tourism Management
    • Management
    • Marketing
  • Minors
    • Applied Business Computing
    • Leadership
    • Entrepreneurship-New Venture Growth
    • International Business
    • Multicultural Diversity Management
    • Professional Sales
    • Business Diversity

Campus locations

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The school has several campus locations throughout Virginia including:

Metro for Students in Washington metropolitan area

Graduate and Professional programs are located near Washington National Airport and Dulles International Airport which are located within the Washington metropolitan area. These programs are served by off-campus stops on the Washington DC Metro.

Leadership

The following is a list of deans of the college:[18]

Dean Tenure
Herbert H. Mitchell 1965-1982
Richard E. Sorensen 1982-2013
Robert T. Sumichrast 2013–Present

Clubs and Organizations

Pamplin has a number of clubs, organizations, and events for its students. Some of the most popular are the Accounting Society, Beta Alpha Psi, Business Technology Club, Business Horizons, Delta Sigma Pi, Hospitality Management Association, Virginia Tech Management Society, National Association of Black Accountants, Pi Sigma Epsilon, Society for Human Resource Management, Student-Managed Endowment for Educational Development, and the American Marketing Association:[19]

Alumni Relations

The Pamplin College of Business Alumni Association is an alumni organization for former students of the college.[20] In total 24,185 alumni live in Virginia, and 41,738 reside Domestically and Internationally.[21]

Pamplin Advisory Council

The Pamplin Advisory Council was founded in 1969 and was chartered to offer ideas and guidance to the dean of the college. In addition, the council assists with connecting the college with the business community.[22] Currently there are over 70 member on the council.[23]

Publication

The college publishes a business magazine called the Virginia Tech Business Magazine which discusses the latest news going on with Pamplin.[24]

Notable alumni

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  • Robert B. Pamplin (business administration 1933) was the president and chairman of the board of Georgia-Pacific and the founder of R.B. Pamplin Corporation in Portland, Oregon.
  • Thomas C. Richards (general business 1956) is a former General in the United States Air Force and the former chief of staff of the Supreme Headquarters Allied Powers Europe.
  • Lance L. Smith (business administration 1969) is a former General in the United States Air Force who served as the Commander, U.S. Joint Forces Command, Norfolk, Virginia, and NATO Supreme Allied Commander for Transformation from November 10, 2005 to November 9, 2007. A highly decorated combat veteran, the general retired from active duty on January 1, 2008.
  • Dave Calhoun (accounting 1979) is the chief executive officer of The Nielsen Company.
  • Gene Fife is currently Managing Principal of Vawter Capital, LLC and has been a director of Caterpillar Inc. since 2002.[25] He was formerly a partner of Goldman Sachs, retiring in 1995, and he served as the interim CEO and President of Eclipsys Corporation (healthcare information services) from April to November 2005 and the non-executive Chairman from 2001 until 2010, when Eclipsys merged with Allscripts[26]
  • Vahan Janjigian (MBA 1982; Ph.D. finance 1985) is the chief investment strategist at Forbes, vice president and executive director of the Forbes Investors Advisory Institute, and editor of the Forbes Growth Investor and Special Situation Survey investment newsletters.[27]
  • Wayne Robinson (finance 1980) is a retired American basketball player.
  • Bridget Berman (business administration 1982) is the chief executive officer of Victoria's Secret, the independent director of Tanger Factory Outlet Centers Inc., and a director of J Crew Operating Corp. She has also held positions in companies such as, Giorgio Armani Corporation, Apple Computer, Inc., and Polo Ralph Lauren Corp.[28]
  • Doug Fritz (marketing 1982) was the president and general manager of Richmond International Raceway.[29]
  • Robert B. Pamplin, Jr. is the chairman, president, and CEO of the R.B. Pamplin Corporation. The Pamplin College of Business at Virginia Tech and the Pamplin School of Business at the University of Portland are named in his honor.
  • Lynne Doughtie (accounting 1985) is a member of KPMG's management committee and leads Advisory for KPMG in the Americas Region, a network of KPMG member firms which includes more than 7,000 Advisory partners and professionals.[30]

See also

References

External links